PHEMEX:SUIUSDT.P , the Layer 1 blockchain backed by industry giants like a16z and Samsung Next, has emerged as a promising contender in the cryptocurrency landscape. With its impressive speed and efficiency, SUI offers a compelling alternative to established platforms like Ethereum and Solana. Price Structure The token's journey has been marked by both highs...
Dated today, PHEMEX:BTCUSDT.P had dropped 33% from it's All-time High $73851 at 14th March 2024. Despite the overall bearish sentiment in the market, Bitcoin's recent creation of a Higher Low $52500 at 6th September suggests a potential bullish reversal. Today, we will delve into how the price of BTC might move in the next few days. 1. Bullish Breakout. If...
NEIROETH, the latest listing on Phemex 3 days ago, but it has exhibited significant price fluctuations since its launch at 29th July 2024. 1. Initial Surge: NEIROETH experienced a remarkable 1990% increase to its all-time high within 11 days. 2. Sharp Correction: However, it subsequently underwent a 91.9% decline to its all-time low in less than 30 days. ...
After reaching an all-time high (ATH) of $1.377 on July 15th, PHEMEX:PTUSDT.P price declined along with the broader crypto market to a low of $0.942. However, PT rebounded by 32% during August, reaching $1.249. Currently, the price is trading between $1.10 and $1.20. This post will analyze Phemex Token (PT) key support and resistance levels and discuss...
In this post, we will break down PHEMEX:PTUSDT (PT)'s price performance since its launch, its gains, its resilience, its potential future price movement, and finally, trading suggestions. Overview of PT's Performance Launch and Initial Growth Launch Date: November 30th, 2023 Initial Price: $0.06 Since its launch, PT has demonstrated an extraordinary...
The price of Ethereum (ETH) experienced a significant decline today, breaching the previously strong support zone at $2,850 . This price movement indicates a potential shift in the market sentiment. Traders are now closely watching the next support level at $2,250 . This zone is considered historically significant and could offer some stability to the price....
PT, the native token of the Phemex exchange (which I highly recommend for contract trading, by the way), has been on an impressive uptrend across higher timeframes since its listing on Spot six months ago and its recent entry on Futures just a couple of weeks back. Currently at its all-time high (ATH), I anticipate a correction on the 4H chart towards its support...
Pt has bounced off of its daily support upwards trendline. Higher lows are key here. Next we will see a push to 0.86, a retest of highs, and then a blue sky breakout! PT has also held value well during this BTC correction and I expect to see this pattern continue.
Fundamental Data Chain: Ethereum (Main), Optimism (Staking) Pre-Mining start: 6th July 2023 Token Launch: 30th November 2023 Total Supply: 1,000,000,000 PT Diluted Market Cap: $699,200,000 Use Case: Governance, Staking, Fee Reduction Current Staking Yield (1 Year): 41.41% Misc: Daily Buybacks, Earn PT for trading activity Technical Data ...
hello everybody. ladycoin is continuing to make moves towards the upside. When I first wrote about this coin it was at 000580. its now at 0010. Good levels to buy are at 000790-000820. Possible chance we can re test 000680 levels but I would not bank on it. Again, everything is dependent on the way BTC moves. However, with a marketcap of only 45M, you are getting...
PT/USDT – Phemex Token (PT) is an on-chain, transferable platform utilty token for the Phemex exchange. PT/USDT Logartihmic Daily Heikin-Ashi chart. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or...
PHEMEX:BALUSDT Balancer's (BAL) algorithms manage interactions between liquidity providers, liquidity pools, and traders to rebalance assets and find advantageous prices for users. Balancer's average volume is 23K but its current trading volume is 147K on Phemex Spot Exchange. Expecting this to run the next couple of days to retest highs of $7+ Entering...
I am looking for $DOGE to continue this downside based on a couple of factors here: * Consistently broken upper Bollinger Bands during the upward trend with no short stops * Based on the Fibonacci retracement tool, $DOGE not only hit the 0 point but also a massive rejection from a major resistance zone. * Big engulfing bearish candle (blue arrow) * Extreme...
Here we have one of my personal favorite cryptos & L2 sidechains, MATICUSD or Polygon. Potentially we may see, a downtrend because of a couple of factors. Let’s zoom in! I see the potential for a “McDonald’s M” or most notably referred to as a Head & Shoulders pattern which could signify a downtrend. Here are some reasonings & findings: * MATIC has touched...
ETHUSD with a small pocket of opportunity here. Simple pull back from the lower Bollinger Band break (with over sold RSI levels extremely) and the first candle succeeding it and then a retrace back. Resting on the support line and has done this previously with a bounce. Stop loss placed below the nearest swing low with the take profit clearing the 20 MA and 50 EMA.
SUSHIUSD has done this pattern similarly if you scroll to the right: breaking Bollinger Bands upper band with extreme levels of over bought in an almost TRIPLE TOP fashion. Plus a decent sized bearish candle that followed. Difference we have here is it's being rejected off of a major resistance zone (drawn off WEEKLY). I think we see the beginning of a downtrend...
DOGEUSD has always been a little bit of anomaly as it relates to the crypto market comparatively. It has always done SOMEWHAT of the opposite of BTCUSD and you can back test that. Does it happen ALL OF THE TIME, no. But it moves in its own trend. Whether thats due to the "Elon Effect" or other parameters, it rides its own wave. Here we have a decent set up to the...
ALGOUSD was at mid-September levels of being oversold and broke the lower Bollinger Band. I waited on confirmation for this potential reversal to the upside because of this. We had a green candle closing fully above the bottom band and above the most resistant near term support levels. Got in a buy highlighted by LONG POSITION graph with the mindset of taking...