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USDT-D

Ethereum can correct to support level and then continue riseHello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and declined to the mirror line, where it at once turned around and in a short time rose higher to the 3530 level with the seller zone, thereby breaking them. But soon, ETH declined lower this level this mirror line, breaking them again and fell a little lower, after which in a short time rose to 3270 points. Then price turned around and made a strong impulse down to the support level, which coincided with the buyer zone, thereby breaking the mirror line with the 3530 resistance level one more time. As well then, the price started to trades inside the range, where ETH rebounded from the support level and tried to rise, but at once made a correction. Then price in a short time rose to the top part of the range, after which rebounded down to the buyer zone, which recently turned around and started to rise. So, at the moment, I think Ethereum can make small correction to support the level and then continue to rise. For this case, I set my target at the 3200 level inside range. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
HelenP. I Bitcoin can continue to decline to trend line in wedgeHi folks today I'm prepared for you Bitcoin analytics. A few moments ago price rebounded from the trend line and rose higher than resistance 2, which coincided with the resistance zone, thereby breaking this level. After this, BTC started to trades inside the resistance zone, but later it made an impulse down to almost trend line, after which at once turned around and rose back to the resistance area and even higher. Later Bitcoin turned around and in a short time declined to one more resistance zone, thereby breaking resistance 2 again. Also, the price formed a wedge pattern, where it declined to resistance 1 and then rebounded up to the resistance line of this pattern. After this movement, BTC in a short time declined to resistance 1, broke it, and continued to fall. Just now, the price trying to grow, but I expect that Bitcoin can reach a resistance level and then rebound down to the trend line, which is the support line of the wedge. For this case, I set my target at 54200 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
2
DOGE/USDT - Bearish Outlook at Key Resistance ZoneKey Resistance Area: DOGE/USDT has encountered a significant resistance area, coinciding with the formation of an XABCD harmonic pattern. This area is crucial as it aligns with the 4-hour trendline, indicating a strong barrier to further upward movement. Bearish Expectations: Given the confluence of resistance factors, we anticipate a bearish move from this point onward. The combination of the key resistance level, harmonic pattern formation, and alignment with the trendline suggests increased selling pressure in the near term. Trade Recommendation: - Entry: Consider entering short positions near 0.2024, aiming to capitalize on the anticipated bearish momentum. - Stop Loss: Place a stop loss order near 0.2310 to limit potential losses in case of unexpected bullish movements. - Take Profit Targets: - TP-1: 0.1752 - TP-2: 0.1470 - TP-3: 0.1164 Conclusion: Based on the technical analysis, a bearish outlook is favored for DOGE/USDT. Traders are advised to exercise caution and adhere to risk management strategies when executing trades within this volatile market environment.
BINANCE:DOGEUSDShort
by trading_jupiter
21
Partisia Blockchain starts to move in upward trendHello traders, I want share with you my opinion about Partisia Blockchain. Looking at the chart, we can see how the price some days ago declined to the resistance level, which coincided with the seller zone and soon broke this level. After this, MPC made the double bottom pattern, after which turned around and made a strong upward impulse higher than 0.3900 level, breaking it again. But later, the price turned around and declined to the seller zone, where MPC some time traded very close to the 0.3900 level and soon broke this level again. After this, the price entered to symmetrical triangle, where Partisia Blockchain at once made a downward impulse from the resistance line to the support line. Soon, the price turned around and rose from the support line higher 0.2620 support level, which coincided with the buyer zone. Later MPC declined to this zone, after which it at once rebounded up to the resistance line, but soon price rolled down to the support line of the triangle. A not long time ago MPC bounced from this line and now it trades close to the resistance line of the triangle, so, for this case, I think Partisia can exit from the triangle, and then make a retest. After this movement, MPC can continue to rise to the resistance level, and when the price reaches this level, Partisia Blockchain will break it, make a retest, or at once continue to move up. So, for this reason, I set three goals: 1-st TP at 0.3900 resistance level, 2-nd TP at 0.4920 points, and 3-rd TP at 0.6650 points. Please share this idea with your friends and click Boost 🚀
GATEIO:MPCUSDTLong
by LegionQ8
2
Bitcoin can turn around and start to grow to resistance levelHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago rebounded from the current resistance level, which coincided with the resistance area and tried to rise, but failed and fell back, after which at once repeated movement up and reached the 65400 resistance level. Then price made a little correction and started to decline inside the downward channel also, where later BTC rebounded from the support line and in a short time rose to the resistance line, breaking the 65400 level, which coincided with the seller zone. Price some time traded near the resistance line of the channel and later turned around and declined lower than the 65400 resistance level, breaking it one more time. After this, the price continued to decline in the channel to the current resistance level, and when BTC reached this level, the price recently broke it, thereby exiting from the downward channel too. Soon, the price declined lower than the resistance area to 56800 and now continues to decline. In my opinion, Bitcoin can make a little correction move and then start to grow to the 60800 current resistance level, which is my target also. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
RIPPLE - Price can continue to decline in channelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance line and fell to support line, but soon bounced up from this line, making fake breakout. Then in a short time, Ripple rose to resistance line, after which made little correction and soon broke $0.5365 level. After this, price rose a little more, and then started to decline inside falling channel, where it soon declined to resistance area. Later, XRP broke $0.5365 resistance level one more time and then in a short time declined to $0.4790 level. In my mind, Ripple can make small movement up and then continue to decline in falling channel. Also, I think that XRP can break the support level and decline to $0.4790 points support area. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
2
BTCUSDT.1DThe daily chart for Bitcoin (BTC/USDT) illustrates a downward trend with a descending trendline that marks the resistance level (R1). Currently, Bitcoin is priced at $60,082.01, with a significant support level (S1) at $63,097.93, which it has recently broken through. The next support levels are at $59,065.59 (S2) and $56,226.29 (S3). The resistance marked by the descending trendline and the resistance level (R2) at $74,007.06 highlight areas where sellers have previously entered the market, capping upward price movements. The price failing to maintain above S1 suggests that the bearish momentum may continue. The RSI is at 36.25, which is close to being oversold, indicating that the market could potentially see a reversal or at least a temporary halt in the downward momentum if buyers step in. The MACD is below zero and shows a continuation of the bearish momentum as the histogram bars are expanding in the negative territory. For traders, monitoring the price action near the next support levels (S2 and S3) could be critical. A rebound from these levels could provide long entry opportunities, ideally with confirmation from bullish divergence in the RSI or a bullish crossover in the MACD. If the price continues to decline through these supports, it could indicate a stronger bearish trend with lower targets in view. Conversely, a break above the trendline and R1 could signal a potential reversal to bullish conditions, targeting higher resistance levels.
by MarsSignals
BNBUSDT.4HThe 4-hour chart for Binance Coin (BNB/USDT) shows that the price is currently oscillating within a relatively tight trading range. The price is currently at $569.6, with the chart indicating a primary resistance (R1) at $649.1 and a strong support (S1) at $490.8. A secondary support level (S2) is identified further down at $349.9. The price has rebounded multiple times from the support level at $490.8, suggesting strong buying interest at this price point. Conversely, resistance at $649.1 has capped upward movements, indicating significant selling pressure at this level. The RSI indicator is in the middle of its range at 36.25, suggesting a lack of strong momentum in either direction currently. The MACD is slightly below the signal line, indicating a slight bearish momentum but not significantly so. For trading, watching how the price interacts with these key levels would be crucial. A break above $649.1 could signal potential for a further upward movement, possibly targeting the previous high near $645.2. Conversely, a break below $490.8 could lead to a test of the lower support at $349.9, indicating a stronger bearish sentiment. Traders might consider positions based on the breakout direction from these key levels, ensuring to use proper risk management strategies to protect against unexpected moves.
by MarsSignals
LINKUSDT.1DThe daily chart for Chainlink (LINK/USDT) indicates a recent bearish trend, as highlighted by the descending trendline, with the current price at $12.995. The chart showcases a resistance level (R1) at $16.577, beyond which R2 and R3 are marked at $21.477 and a high near $22.868, respectively. The primary support level (S1) is set at $12.205, which is crucial for maintaining the current bearish structure. If the price breaks below this support, it could lead to further declines, potentially testing lower supports not identified on the chart. The RSI is near the oversold territory at 38.28, suggesting that the market might be nearing a point where a reversal could occur if buyers step in. The MACD is below the signal line and in the negative zone, reinforcing the bearish momentum indicated by the price action. Traders may consider looking for buying opportunities near the support level if bullish signals emerge, such as a bullish divergence on the RSI or a crossover to the upside on the MACD. Conversely, a break below S1 might be used as an entry point for short positions, with the expectation of further declines. A break above the descending trendline and resistance at R1 could suggest a potential reversal, targeting higher levels up to R2 and R3.
Long
by MarsSignals
🔥 Bitcoin Copying 2019? Massive Dump PotentialIn this analysis I want to discuss the possibility that Bitcoin is copying the 2019 mid-cycle bull-market and the following bear market. I don't see this as the most likely scenario, but it's still a scenario that can happen one way or another. As seen on the chart, Bitcoin saw a massive ~370% gain after bottoming in November 2022. A similar gain was achieved back in 2019, which ended up in a ~70% drop. I'm aware that the majority of the drop was caused by the COVID-dump. But, since the post-COVID bull-market also followed previous market patterns I don't see why we can't have a 70% dump again. A 70% dump from the 74k top would result in a move towards ~22k, a major hit for crypto as a whole. Furthermore, this would strongly diminish the probability of BTC topping out in Q4-2024 as mentioned in my analysis below. Maybe this cycle is going to be different all together? We reached a new ATH before the halving for the first time ever, so chances are that the cycle-theory is dead and that BTC is behaving as a highly volatile stock? Interested to hear your thoughts!
INDEX:BTCUSDShort
by FieryTrading
16
HelenP. I Ethereum can make small move up and then fall to $3065Hi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price recently traded between the support level, which coincided with the support zone, and later broke this level and declined to the trend line. After this movement, ETH rebounded from the trend line and made impulse up higher than the 3065 level, breaking it one more time and starting to trades in consolidation, where Ethereum in a short time rose to the resistance level, which coincided with the resistance level. Then price rebounded from this level and declined to the trend line, and even later declined lower this line to the support level, but at once rebounded and made a strong impulse up to the 3290 resistance level and broke it. After this ETH a little rose, after which turned around and in a short time declined below the 3290 level, breaking it one more time. A not long time ago Ethereum fell to the trend line and broke it too. So, now, ETH trades near the trend line and I expect that the price will continue to decline to the 3065 support level, but firstly it makes a little move up. That's why my target is its support level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
2
Binance Coin can continue to decline to 565 support levelHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a not long time ago started to rise in the upward channel and soon broke the support level, which coincided with the buyer zone. Inside the channel, BNB rose to a resistance level, which coincided with the seller zone, and soon rose even higher, breaking the 616 level. But later BNB turned around and made a strong impulse down to the support level, exiting from the upward channel and starting to trades in a triangle. In this pattern, the price soon broke the 565 support level and declined to the support line, but BNB at once turned around from the support line and in a short time rose to a higher support level, breaking it again. Next, BNB continued to move up and later reached the resistance level, after which rebounded and declined lower the support line, thereby exiting from the triangle pattern. Now price continues to decline and in my opinion, Binance Coin can make a small move up and then continue to decline to the support level. For this case, I set my target at the 565 support level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
BITCOIN - Price can break support level inside falling channelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A not long time ago, price declined from resistance line to support line, breaking $61300 level, which coincided with support area. But soon, BTC turned around and made upward impulse to $65200 resistance level, making a fake breakout. Later price in a short time broke resistance level, which coincided with resistance area and rose to resistance line. Then price turned around and started to decline in falling channel, where BTC broke $65200 level with support line. At the moment, price continues to decline inside channel and I think Bitcoin can make a little movement up. After this, BTC can bounce from resistance line and fall to $59850 support line, breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
2
#USDT Important update , Must Read!🚨 Key Alert for #USDT 📈 : Keep this chart in your sights! A sustained break above this crucial level could signal extended bearish trends in the market. Expect red in the coming weeks, perhaps even months if this happens. Regardless of the current altcoin trends you're observing, the data on this chart could significantly alter almost any bullish interpretation you encounter. It's crucial to remain vigilant and always seek confirmation before executing any trades. While my previous charts suggest a potential for further upward movement, the extended timeframe for this development is leading me to reconsider—perhaps a correction is looming. However, a false breakout followed by a breakdown is all people are wishing for a green market! I know I've been posting this USDT chart more often so you understand the significance of this chart. I hope you appreciate that with a simple like! Please Do your own research (DYOR); this is not financial advice. Stay tuned for more updates! #Crypto #Bitcoin Stay safe #PEACE
CRYPTOCAP:USDT.D
by Cryptorphic
CELOUSDT.1DThe daily chart for Celo (CELO/USDT) displays a price structure that is forming a descending triangle pattern, which is often interpreted as bearish. The price is consolidating, with resistance (R1) at $1.1449 and a flat support level (S1) that seems to have been tested multiple times. The price at the moment of the chart was $0.8488, and if the price breaks below the support level, it could signal further downward momentum. The resistance line, currently at $1.1449, is the level to watch for a potential bullish reversal if the price were to break through. The RSI is leaning towards the lower half at 43.25, suggesting that there might be more room for downward movement. The ADL line is relatively flat, suggesting that there is not a clear trend in terms of accumulation or distribution. Traders might look for a break below S1 as a confirmation of the continuation of the bearish trend, possibly with a target set near the previous lows or lower. If the price breaks above the resistance line, it could invalidate the bearish pattern and suggest a potential change in trend, where R2 would be the next target. As with any pattern, confirmation with increased volume on the breakout would provide additional
by MarsSignals
PEPEUSDT.1DOn the daily chart for PEPE (PEPE/USDT), we can observe that the price action is confined within a descending channel pattern, highlighting a downtrend with lower highs forming along the resistance line. The current price is near $0.0000745. The chart shows resistance (R1) at approximately $0.0000946. If the price were to break above this level, it could signal a potential shift in market sentiment, possibly leading to a trend reversal. Support (S1) is set around $0.0000387, suggesting a critical level where the price has previously found buyers. The RSI is near neutral at 56.23, indicating that the market isn't in an overbought or oversold condition. The ADL (Advance Decline Line) indicator shows a slight incline, which could be interpreted as accumulation despite the price decline, but this requires further confirmation. Traders may consider looking for buy signals if the price approaches S1 and shows signs of a bounce, potentially targeting R1 as an initial take-profit level. Conversely, a break below S1 could suggest further declines and might be taken as a bearish signal. As always, confirmatory indicators and volume should be taken into account to validate any potential trading signals.
Long
by MarsSignals
ATAUSDT.4HThe 4-hour chart for Automata (ATA/USDT) shows a price attempting to stabilize after a recent drop. The current price is around $0.2453, with a strong resistance level (R1) indicated by the downward trendline. There’s a support level (S1) at $0.1224, which seems to have held through recent tests. A secondary support level (S2) is not clearly marked on this chart. The RSI is slightly above the midpoint at 61.97, indicating a bit of bullish momentum in the short term. However, the MACD is quite close to the signal line, suggesting that there isn’t a strong momentum in either direction. Traders might watch for potential bullish signs, such as a break above the trendline resistance R1, which could open the way for a move towards the previous high around $0.2994. Alternatively, a failure to break the resistance could lead to a retest of the S1 level. It would be wise to consider volume as a confirmation for any potential breakout or breakdown.
Long
by MarsSignals
ARKMUSDT.1DThe daily chart for ARK (ARKM/USDT) exhibits a descending channel pattern, suggesting a downtrend where the price is making lower highs and lower lows. Currently, the price is at $2.102, showing some stabilization after a decline. The RSI is neutral, sitting close to the midpoint at 50, which suggests indecision in the market. Two resistance levels are marked: R1 at $2.6027 and R2 at $2.9822. If the price were to break above R1, it could signal a potential reversal of the current downtrend and test R2. Support levels are established at $1.9390 (S1) and a further support at $1.2776 (S2), which might serve as accumulation zones for buyers. Traders could consider the upper boundary of the channel as a potential area to take short positions, with a stop loss above R1. On the flip side, a break above R1 could provide a bullish signal, and traders might look for long positions with targets at R2. It's important to look for confirmatory signals such as an increase in volume or a bullish crossover on the MACD before entering trades.
by MarsSignals
🔥 Bitcoin Going Nowhere: Waiting For Clarity!Bitcoin's has practically not moved over the last two weeks. Zooming out, BTC has been trading within a bearish channel since the start of March. I've made several bearish posts before, where I expected the halving to turn out to be a sell-the-news event. Thus far, that expectation has not really played out yet, which is good for the bulls. We cannot deny the fact that the long-term trend is still bullish, with a bull-flag scenario being a reasonably possible outcome. Still, there's nothing to say as long as BTC trades within the supports and resistances drawn on the chart. Market has been incredibly choppy, so the only ones that are making consistent money are the market makers. I'm waiting for clarity.
by FieryTrading
7