Technical_analysis
#TETHER/DOMINANCE 4HR CHART UPDATE !!Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned char that USDT.D broke its local resistance levels and moved upside.
It’s currently trading below the resistance level of 7.74%, as USDT dominance printing a bearish divergence in lower time frame charts which are mentioned in the above chart.
Rejection is likely from the current level and we can see a short-term meltdown at stable dominance in the upcoming hours.
A candle that closes above the resistance level will lead USDT pair altcoins towards a blood bath.
So, keep an eye on it to track in which direction it’s moving.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#ETH/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section.
Hello, traders according to my previous chart ETH performed well and moved upside by 20%.
In the current scenario, ETH broke above the falling expanding channel.
Here ETH is retesting the upper trend line support and a bounce above is likely in the upcoming hours.
Red MA is also reacting as a strong resistance which ETH needs to break and retest for upcoming price build-up.
If ETH moves back inside the channel then this char will be invalidated.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bulls and Bears zone for 07-07-2022Last three sessions S&P has closed positive, today traders will need to push over yesterday's High to continue such trend.
Any test of yesterday's High could provide direction for the day.
Level to watch 3874 --- 3872
Reports to watch:
US:EIA Natural Gas Report
10:30 AM ET
US:EIA Petroleum Status Report
11:00 AM ET
#BTC/USDT WEEKLY CHART UPDATE !!
Hello everyone welcome to this BTC chart analysis, here I tried to bring a clear picture about BITCOIN’S possible low in this bear market.
This chart is totally based on BTC previous PA and calculations are totally based on the observed fractals.
Let’s get back to chart.
BEAR CYCLE 1
As we can see at above mentioned chart that on NOV 2013 BTC recorded its first all time high which was $1168.
After recording a new all time high BTC started losing % and moved downside.
In first bear cycle BTC moved down by almost -86% in 651 days.
In first bear cycle after a drop of -86% BTC stoped moving down at the red MA support and consolidated for few weeks before the reversal towards the bull cycle.
BEAR CYCLE 2
On DEC 2019 BTC recorded its second new all time high after a massive bull rally of 3383% in 883 days.
After a new all time high BTC again begin to loose % and moved downside which was the beginning of a second bear cycle from the price level of $19666.
In second bear cycle BTC dropped by almost 85% again just like before and dropped down at the lowest price level of $3122.
After a drop of 85% BTC again consolidated for few weeks on the RED MA support and printed a reversal towards the new bull cycle.
BEAR CYCLE 3
On NOV 2021 BTC recorded its third new all time high after a massive bull rally of 1155% in 623 days.
After a new all time high BTC again dropped from $69k level which was reversal point again for BTC towards the current bear cycle.
In this bear cycle BTC has dropped 73% till in 259 days.
25th April 2022 was the major exit point for bull traders where MACD printed a bearish cross over.
According to the previous PA more down side movement is yet to be printed by BTC.
Conclusion:
1. When Ever BTC enters a bear cycle it dumps 85% on an average.
2. In current bear cycle BTC has dumped 73% yet.
3. On an average bear trend tanuer is around for 650 days.
4. In previous last two bear cycle BTC dropped till red MA and bounced to print a reversal towards the bull cycle.
5. RED MA was working as a strongest and longest support level but this time BTC broke below the MA.
6. BTC heading towards the lower trend line support which is around $12k price level.
7. According to the current PA from OCT- NOV 2022 Ian between we can see a reversal in trend.
8. Here MACD working well enough to show reversal points, so keep an eye on it.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#MATIC/USDT 1HR CHART UPDATE !!MATIC/USDT broke out the triangle pattern and looks promising for short-term gain towards the price level of $5344.
RSI also moving upside, and MACD is printing a bullish cross-over.
Entry: BUY AT CMP AND ADD MORE TILL $0.4629
Stop Loss: $0.4480k
Targets: 12% TO 15%.
Better use low leverage like 5x to 10x and keep your SL tight because BTC is still not stable.
Accumulate the dip.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT DAILY CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that if we consider the falling parallel Chanel pattern then BTC is falling down for the last 233 days after recording a current ATH.
Currently, BTC is trading on the lower trend line of parallel Chanel, and consolidation is expected between the price range of $18k - $20.5k.
RSI also moving downside by following the parallel Chanel.
As we can see bears are in charge and BTC can move down towards the price levels of $16k in the upcoming weeks.
Let’s see how it goes in the upcoming weeks.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
$BOXD Next Target PTs 3.25-3.40 and higherBoxed, Inc. operates as an e-commerce retailer and an e-commerce enabler in the continental United States. The company through its e-commerce retail service provides branded and private labelled bulk pantry consumables, such as paper products, snacks, beverages, cleaning supplies, etc. to B2C and B2B customers, vendors, and enterprise retailers, as well as household customers. It also provides Boxed IQ, a content management suite, programmatic cost-per-click ad-platform, and vendor portal data suite, that offers vendors, suppliers, and CPG manufacturers the ability to advertise their products to customers, and access customer data and feedback in real-time; on-demand grocery services; and an enterprise-level e-commerce platform. Boxed, Inc. was founded in 2013 and is headquartered in New York, New York.
BTC/USDT 1HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that BTC broke above the inverse head and shoulder pattern well and bounced above.
In the current scenario, BTC is following the lower trend line support well and moving upside.
BTC needs to hold this trend line support and bounce above for the continuation of a green upcoming candles.
Break below will drop down BTC again towards the lower green support zone.
Let’s see how the upcoming hours go for BTC and will it be able to hold this level or not.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#USDC.DOMINANCE 2HR CHART UPDATE !!Hello, community members welcome to another USDC DOMINANCE chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see from the above-mentioned chart that USDC DOMINANCE is currently on a path to print a HEAD & SHOULDER pattern.
A break below the neckline will be great for BTC and ALT coins, break below will be the trigger point for the whole market to rally upside.
Let’s see how USDC reacts at the neckline level.
Bounce from that level will form red candles in ALTS.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bulls and Bears zone for 06-23-2022After last three sessions closing positive, traders might take some profit.
Any test of ETH session High could provide direction for the day.
Level to watch 3776 --- 3774
Reports to watch:
US:PMI Composite Flash
9:45 AM ET
US:Jerome Powell Speaks
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
US:EIA Petroleum Status Report
11:00 AM ET
#ETH/USDT 1HR CHART UPDATE !!Hello, community members welcome to another ETH/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that ETH still trading inside the falling expanding channel pattern on a green support level.
Currently, ETH is trading at the price level of $1k and it needs to hold the $1050 level to remain bullish.
Brake below this level will lead ETH again towards the price level of $900.
A bounce from this level will lead ETH towards the upper trend line and a break below above will lead ETH towards the price level of $900.
RSI currently moving at the range of 51.5% and MACD is printing a bullish cross-over.
IMO, ETH is still at a crucial price point so, if you are holding any position then be cautious and keep your SL tight to save your portfolio.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that BTC still trading inside the falling expanding channel pattern on a green support level.
Currently, BTC is trading at the price level of $20k and it needs to hold the $19.5k level to remain bullish.
Brake below this level will lead BTC again towards the price level of $17.5k.
A bounce from this level will lead BTC towards the upper trend line and a break below above will lead BTC towards the price level of $22.8k.
RSI currently moving at the range of 48.5% and MACD is printing a bullish cross-over.
IMO, BTC is still at a crucial price point so, if you are holding any position then be cautious and keep your SL tight to save your portfolio.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
$SIDU Next Target PT 11 and higher Long term PT 60 and higherSidus Space is a Teammate on NASA’s $3.5 Billion Exploration Extravehicular Activity Services Contract
Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on mission critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support is proud to announce that it is part of the Collins Aerospace team which was awarded NASA's Exploration Extravehicular Activity (xEVAS) services contract.
Sidus Space, Inc., a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its services include satellite manufacturing; precision manufacturing, assembly, and test; low earth orbit microsatellite; payload integrations; launch and support services; space-based data services and analytics; precision computer numerical control machining and fabrication; Swiss screw machining; wire cable harness fabrication; 3D composite and metal printing; and satellite deployment and microgravity testing and research services, as well as services related to electrical and electronic assemblies. The company also offers hardware solutions consisting of an external flight test platform to develop, test, and fly experiments, as well as delivers hardware, materials, and advanced electronics on the international space station; and space station integrated kinetic launcher for orbital payload systems. It serves commercial space, aerospace, defense, underwater marine, and other commercial and government customers. The company was founded in 2014 and is headquartered in Merritt Island, Florida. Sidus Space, Inc. is a subsidiary of Craig Technical Consulting, Inc.
$BKSY Next Target PTs 4-4.75 Long term PT 29 and higherBlackSky Technologies Inc. (NYSE: BKSY) was awarded a basic order agreement from the Joint Artificial Intelligence Center (JAIC) to create and optimize data sets for use in DoD AI models and applications. The JAIC agreement has a ceiling value of $241 million over five years.
BlackSky Technology Inc. provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operations of satellite and ground systems to commercial and government customers worldwide. The company processes a range of observations from its constellation, as well as various space, internet-of-things, and terrestrial based sensors and data feeds. Its products are used in government defense and intelligence; commercial, construction, and industrial; and catastrophe, climate, and environment applications. The company was incorporated in 2014 and is headquartered in Herndon, Virginia.
$RYTM Next Target PTs 5.50-6.50 and higherRhythm Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the development and commercialization of therapeutics for the treatment of rare genetic diseases of obesity. The company's lead product candidate is IMCIVREE, a potent melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, and Bardet-Biedl and Alström syndrome. It is also developing setmelanotide, which is in Phase II clinical trials for treating POMC or LEPR heterozygous deficiency obesities, steroid receptor coactivator 1 deficiency obesity, SH2B1 deficiency obesity, MC4 receptor deficiency obesity, Smith-Magenis syndrome obesity, POMC epigenetic disorders, and other MC4R disorders. Rhythm Pharmaceuticals, Inc. has a collaborative research agreement with the Clinical Registry Investigating Bardet-Biedl Syndrome. The company was formerly known as Rhythm Metabolic, Inc. and changed its name to Rhythm Pharmaceuticals, Inc. in October 2015. Rhythm Pharmaceuticals, Inc. was founded in 2008 and is headquartered in Boston, Massachusetts.