Ripple can correct to support area and then start to riseHello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price a not long time ago started to rise in an upward channel, where it first made a fake breakout of 0.5825 level, which coincided with the buyer zone and then rebounded up to the resistance line of the channel. Then XRP rebounded from this line and made the correction, but soon it turned around and rose to the current support level, which coincided with the support area, after which the price turned around and made a strong downward impulse to 0.5385 points, thereby exiting from the upward channel. Also, price started to trades in a triangle, where it rebounded from support line and made impulse up higher than the 0.5825 level, after which XRP made correction to this level. Then price repeated the upward impulse, and at this moment it exited from the triangle and reached the current support level and soon broke it. After this, the price continued to move up, but recently it turned around and started to decline to support area, after which it bounced up, so now I think that Ripple can decline to support area again and then rebound up. Therefore I set my target at the 0.7360 level. Please share this idea with your friends and click Boost 🚀
USDT-D
BITCOIN - Price can bounce down from resistance line to $69100Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it fell to support area, which coincided with $61400 level, but at once bounced up.
After this, price rose to resistance line of channel and even higher, thereby exiting from channel.
Then BTC entered to wedge, in which price declined to support line, but soon turned around and made upward impulse.
Thereby price made fake breakout of $61400 level and later reached $69100 level, which coincided with support area.
Soon, BTC broke this level but then made correction, after which it in a short time backed up and now trades near resistance line.
In my mind, Bitcoin can reach this line and then bounce down to $69100 level, exiting from wedge.
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VGXUSDT 1W LONG📈Hi all. VGX is a cryptocurrency token associated with the Voyager trading platform. It is used as a utility token on the platform, providing benefits such as cashback, interest on assets, and reduced trading fees for users. Timeframe 1 week. Currently trading at minus 97% of the 21 year high, it has been in accumulation for almost a year with increased volumes. I am considering entering the spot from current ones, as well as going long on futures upon a breakdown/retest of the triangle. Marked goals and levels on the chart.
KAS-USDT + MAV-USDT resultsHello! It's me again. I'm back with some thoughts on KAS-USDT. I previously wrote about MAV-USDT and the results are below:
The blue line was the entry point and it had went up around 15% since my original posting about this cryptocurrency, still up about 10% from the original entry. Unfortunately I had misjudged the volatility of MAV and the 50% target wasn't reached, however a profit of 50% would have been reached with if traded with leverage, and it wouldn't have been liquidated had you sold at a 50% profit (although soon after the recent peak it looked like a liquidity trap had occurred).
Looking at KAS-USDT now and see some potential for a short term profit. I would say that a bullish trend has occurred based on my own personal technical indicators I had coded to spot trends. Adjusting my holding time and volatility for this new halving date and bullish season (I keep forgetting its not 2020 anymore and volatility isn't as strong, it'll continue to decrease as time moves on), here are my thoughts below:
SYMBOL: KAS-USDT
POINT OF SALE: $0.20
MAX LEVERAGE: 17x
TIME: 1-2 Weeks
Generally when I post speculation of a cryptocurrency I aim to write about soon before a large uptrend occurs or when it is moving directionally towards the sell point with minimal distress on the trend. Good luck to all of you who are looking to or have invested in KAS, we'll see how we'll it performs these next few weeks.
STORJUSDT.1DBased on the provided market data, the STORJ/USDT pair is currently trading at $0.89. The RSI (Relative Strength Index) shows readings of 58.92, 68.26, and 65.81 on the 4-hour, daily, and weekly charts respectively. These figures suggest that the asset is neither overbought nor oversold, indicating a balanced market condition.
The MACD (Moving Average Convergence Divergence) values for the 4-hour, daily, and weekly charts are 0.020, 0.046, and 0.096 respectively. These positive values suggest a bullish trend. However, it is essential to watch for any signs of MACD line crossing below the signal line, which could indicate a bearish reversal.
The Bollinger Bands, with values of 0.91, 0.90, and 0.91 for the 4-hour, daily, and weekly charts, suggest that the cryptocurrency is trading within a relatively normal range and isn't experiencing significant volatility.
The current price of STORJ is closer to the 4-hour, daily, and weekly support levels than the resistance levels, indicating that there may be more room for the price to fall before encountering significant support. The first, second, and third support levels for the 4-hour chart are $0.87, $0.76, and $0.69. For the daily chart, they are $0.78, $0.67, and $0.61, and for the weekly chart, they are $0.66, $0.48, and $0.17.
On the other hand, the resistance levels for the 4-hour, daily, and weekly charts are $0.93/$0.95/$1.050, $0.95/$1.25/$1.44, and $1.25/$1.66/$2.19 respectively.
In conclusion, the STORJ/USDT pair seems to be in a balanced market condition with a slight bullish trend. However, traders should monitor the MACD for any potential bearish reversals and keep an eye on the support and resistance levels for potential price reactions. This is just an analysis based on the provided data and should not be considered as financial advice. Please do your own research before making any investment decisions.
XRPUSDT.1DBased on the provided market data, XRP is currently trading at $0.719 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 79.58, 79.16, and 66.86 respectively. These high RSI values suggest that XRP is currently in an overbought condition, which could be a signal of a potential price decrease in the short term.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.0124, 0.012, and 0.019 respectively. The positive MACD indicates a bullish signal for XRP, suggesting that the buyers are in control.
The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.71, 0.73, and 0.73 respectively, and the current price is slightly below the upper band. This could mean that the price is in a high range and could potentially revert.
In terms of support and resistance levels, the immediate support levels stand at $0.62, $0.57, and $0.54 for the 4-hour timeframe. For the 1-day timeframe, support is at $0.62, $0.53, and $0.49, and for the 7-day timeframe, it is at $0.58, $0.48, and $0.30. The resistance levels are $0.74, $0.83, and $0.94 for 4 hours; $0.75, $0.83, and $0.86 for 1 day; and $0.93, $1.060, and $1.43 for 7 days.
Based on these technical indicators, it seems that XRP is currently in a bullish trend but is overbought. Therefore, there might be a potential for a short-term price correction. However, the positive MACD suggests that the overall trend might continue to be bullish. Please note that this analysis is based on the current market data and does not consider other factors that could impact the price. It's always recommended to do your own research and consider multiple factors before making any investment decisions.
ATOMUSDT.1DBased on the provided market data, ATOM/USDT is currently trading at 13.683. It's within a moderate bullish trend on the 4-hour chart (Rsi4h: 60.12, Macd4h: 0.103) and showing strong bullish signals on the daily and 7-day timeframe (Rsi1d: 68.44, Macd1d: 0.909, Rsi7d: 69.88, Macd7d: 0.863).
On the 4-hour chart, the pair is trading close to its first resistance level at 13.901. If it breaks above this level, the next resistance is at 14.582, followed by 15.395. On the downside, the immediate support levels are at 13.401, 12.650, and 12.289.
On the daily and 7-day charts, the pair has strong resistance at 14.535 and 15.500 respectively, followed by 15.940 and 17.184. The support levels are 11.917 and 10.345 for the 1-day and 7-day charts, respectively.
In terms of Bollinger Bands (Bb), the pair is trading below the 4-hour, daily, and 7-day upper bands, indicating that it is not overbought in these timeframes.
In conclusion, ATOM/USDT shows a bullish trend in the short and medium term. However, as the RSI is above 60 on all the mentioned timeframes, it indicates that the pair could be heading towards the overbought territory, which could lead to a potential price correction. Investors should keep an eye on the resistance levels and RSI to watch for potential breakout or reversal signs. As always, it's important to consider other market factors and your personal risk tolerance when making investment decisions.
Ethereum can make correction and then continue rise in wedgeHello traders, I want share with you my opinion about Ethereum.Observing the chart, we can see that the price some time ago started to rise in an upward channel, where it soon reached the 2900 support level, which coincided with the support area and broke this level. After this, ETH some time traded near this level and then rebounded up to the resistance line from the support line of the channel, but later price at once rebounded from the resistance line and little declined below. Then ETH continued to move up in an upward channel to the next level, which coincided with one more support area. But when the price reached this level, it at once rebounded and declined to 3200 points, thereby exiting from the upward channel, and entering to upward wedge. Then price at once bounced from the support line and made impulse up to the support area, breaking the 3790 level. After this, ETH some time traded in this area and later rebounded up, but soon price made a correction to support line of wedge. A not long time ago price rebounded from this line and now ETH continued to rise inside the wedge. So, in my opinion, Ethereum can make corrections to the support area and then the price continues to move up, and even can exit from the wedge. For this case, I set my target at the 4280 level. Please share this idea with your friends and click Boost 🚀
LRCUSD 1W LONG📈Hi all. Loopring is a protocol for building decentralized exchanges. It is an open protocol that allows developers to incorporate exchange functionality into decentralized applications (dApps). Loopring operates on the Ethereum and Qtum blockchains, and also plans to expand to NEO. It provides higher liquidity and improved pricing by matching orders in the form of order rings and combines off-chain order splitting with on-chain settlement. Loopring also offers high-performance non-custodial products such as the Loopring Wallet and Loopring L2 Web App.
Timeframe 1 week. LRCUSD is in a descending channel and has approached important support. Fractal repetition of growth is possible. There is a high probability of further decline to the 0.1719 zone. Therefore, the safest entry would be at a breakout/retest of the channel. It is also possible to spot with additional gains and trade in the channel itself. Marked goals and levels on the chart.
BNBUSDT - Price can bounce up from support level to $560Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to rising channel, where it bounced from support level and rose to resistance line of channel.
After this movement, BNB turned around and ina short time declined to support line of channel and soon broke it.
Price left rising channel, broke $392 level, and declined lower, but soon it turned around and started to move up in new channel.
In this channel, BNB broke $392 level again and later reached $508 level, which broke soon too, and then made retest.
Then price tried to rise more, but failed and now trades very close to support line of rising channel.
In my mind, Binance Coin can decline to support level, after which it bounces up to $560
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HelenP. I After BTC rose higher than last ATH, it can correctHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price a not long time ago rebounded from the trend line and in a short time rose to support 2, which coincided with the support zone. Soon, BTC broke this level, made a retest, and then made impulse up to 64000 points, but later it turned around and fell below, after which price continued to move up to the next support level, which coincided with one more support zone. But when BTC reached this level, the price broke it and even rose higher than the support zone, and soon made a strong impulse down to support 2, breaking support 1 and the trend line too. After this movement, Bitcoin in a short time rose back to support 1, thereby breaking the trend line again and even soon broke support 1 too and continued to rise in the support zone. Also recently, the price rebounded from this zone and now BTC trades higher than last ATH, so, for my mind, Bitcoin will rise a little more, after which it can make a correction movement to the support zone. That's why I set my target at 67850 points. If you like my analytics you may support me with your like/comment ❤️
🔥 Bitcoin Near All-Time High: What Does History Tell?In this analysis I want to take a look at Bitcoin's historical behaviour at the moment that it made new all-time highs (ATH's), and make a prediction based on those findings.
As seen on the bottom two charts, Bitcoin has ALWAYS reversed substantially from the previous ATH's area of resistance (note: the area around the ATH functions as resistance, not the exact value).
2017: ~33% correction.
2020: ~17% correction.
This time it remains to be seen how much we will reverse. Seeing that corrections (and pumps) become less extreme with time, it's likely that it will be less than 17%.
In my view, the most likely scenario would be a reversal towards the first yellow area of support (1), which would be around 11% decline from 69k. The worst-case temporary reversal would be a fall towards the second area of support (2), around 25% decline.
In the long-term I'm still bullish. However, we have to acknowledge that historical price action is against the bulls. On the other hand, this might be the last time we can buy BTC for these price for the next 1-2 years.
🔥 Bitcoin OFFICIALLY In Price Discovery Mode 🚀As of today, I think we can finally say that Bitcoin has confidently broken out of the previous ATH of 69.000. Yes, we had a couple of wicks towards 70k, but never a real confident break out like now.
Today is the start of Bitcoin's era of price discovery. If history will repeat itself we will go up a lot over the coming weeks. Prepare yourself for strong moves to the upside, but also quick and violent dumps on the downside.
Wouldn't be surprised if we're going to see 100k over the next few months.
🔥 🔥 FETCH.AI [FET] Massive Cup & Handle Break OutA few weeks ago I made an analysis on FET and the pending cup & handle pattern that was about to break out.
The price has risen close to 40% since my original analysis and the pattern is playing out quite well. With BTC trading bullish/neutral, I'm expecting FET to simply continue to move up. Target at 3$ for the next few months.
COQUSDT.4HBased on the provided market data for the COQ/USDT trading pair, it can be observed that the COQ cryptocurrency is currently priced at 0.0000053 USDT.
In the short term, the 4-hour Relative Strength Index (RSI) is at 60.24, which is near the neutral level of 50. This indicates a balance between buyers and sellers. The 4-hour Moving Average Convergence Divergence (MACD) at 52.0 suggests a bullish trend. The support levels are at 50.0, 44.0, and 37.0, while resistance is at 68.0, 78.0, and 80.0.
For the daily timeframe, the RSI is at 85.80, indicating an overbought condition, suggesting that a price correction might occur. The MACD at 89.0 supports this, showing strong bullish momentum. The support levels are at 33.0, 28.0, and 21.0, with resistance levels at 64.0, 81.0, and strangely at 10.0, which is significantly lower than the current price.
In the 7-day timeframe, the RSI is at 89.60, still in the overbought territory. The MACD is at 90.0, indicating a continued bullish trend. The support levels are at 33.0, 21.0, and 14.0, with resistance levels at 64.0, and curiously at 10.0 and 12.0, which again are significantly lower than the current price.
In conclusion, the technical indicators suggest that COQ has strong bullish momentum in the short term but might be due for a correction given the overbought conditions on daily and weekly timeframes. The unusually low resistance levels on the daily and weekly timeframes might be a data error and should be rechecked for accuracy.
Please note that while technical analysis can provide insights into market trends, it should not be used in isolation and does not guarantee future performance. Always consider other factors, such as market news and your risk tolerance, before making investment decisions.
PEPEUSDT.4HThe PEPE coin is currently trading at a high price of $882 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 80.89, 86.15, and 90.60 respectively, which indicates that the coin is being heavily bought. The RSI values are above 70, indicating that the coin is currently overbought. This could mean that a price correction might be due soon.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 49.0, 19.0, and 87.0 respectively. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD values indicate that the coin is in a bullish trend across all three time frames.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are all at 100.0. This could suggest that the coin's price has been extremely volatile and is currently at a high level.
The support levels for 4 hours are at $826, $710, and $64, while the resistance levels are at $98, $16, and $13. This suggests that there is a significant gap between the support and resistance levels, indicating a possible volatile market.
For the 1-day timeframe, the support levels are at $64, $42, and $41, while the resistance levels are at $10, $13, and $16. This again suggests a volatile market with a wide gap between support and resistance levels.
For the 7-day timeframe, the support levels are at $206, $78, and $49, while the resistance levels are at $1158, $13, and $21. This trend is similar to the 4-hour and 1-day timeframes, suggesting a volatile market.
In conclusion, the PEPE coin is currently in a bullish trend with high volatility. Its overbought condition might lead to a price correction in the near future. Therefore, if you are considering investing in this coin, you should prepare for potential price fluctuations and consider setting stop-loss orders to protect your investment.
ANKRUSDT.1DBased on the given market data, ANKR is currently trading at a price of $0.050 against the USDT. The currency's 4-hour Relative Strength Index (RSI) is at 60.34, which indicates a slightly bullish trend. The Moving Average Convergence Divergence (MACD) for the same period is 0.0018, which is also a bullish signal.
The Bollinger Bands (Bb4h) at 0.050 suggest that the price is trading within the expected range. The support levels for the 4-hour time frame are $0.046, $0.039, and $0.032, while resistance levels are at $0.057, $0.060, and $0.068.
For the daily time frame, the RSI is quite high at 81.84, which may indicate an overbought condition, while the MACD is at 0.0058, suggesting a bullish trend. The Bollinger Bands (Bb1d) at 0.052 also indicate that the price is within the expected range. The support levels for the 1-day time frame are $0.038, $0.027, and $0.024, while resistance levels are at $0.057, $0.072, and $0.085.
The 7-day RSI is also high at 81.60, indicating a potentially overbought condition. The MACD for the 7-day time frame is 0.0036, indicating a bullish trend. The Bollinger Bands (Bb7d) at 0.053 indicate that the price is within the expected range. The support levels for the 7-day time frame are $0.028, $0.020, and $0.016, while resistance levels are at $0.058, $0.087, and $0.10.
In conclusion, ANKR is showing bullish signals on the 4-hour, daily, and weekly charts. However, the high RSI on the daily and weekly charts may indicate that the currency is overbought, which may result in a price correction in the near future. As always, it's essential to consider other factors and conduct a comprehensive analysis before making any investment decisions.
ETHUSDT.1DBased on the given market data for ETH (Ethereum), the current price is at $3909.0 which is slightly below the 4-hour Bollinger Band (Bb4h) of $3997.0 and the 7-day Bollinger Band (Bb7d) of $3910.0. This suggests that the price is not overextended and there could be potential for upward movement.
The Relative Strength Index (RSI) values indicate that ETH is in neither overbought nor oversold territory. The 4-hour RSI is at 56.73, the daily RSI at 85.51, and the 7-day RSI at 83.92. Generally, a RSI above 70 is considered overbought, while a RSI below 30 is considered oversold. The daily and 7-day RSIs are quite high, suggesting bullish momentum, but also nearing overbought territory which could potentially lead to a pullback.
The Moving Average Convergence Divergence (MACD) on the 4-hour, 1-day, and 7-day charts are all positive, indicating a bullish trend. However, the high values, especially on the 1-day and 7-day charts, might suggest that the market is over-extended and could see a correction.
Looking at the support and resistance levels, the closest support level on the 4-hour chart is at $3737.0 and the nearest resistance is at $4029.0. If the price breaks above this resistance, the next targets would be $4150.0 and $4448.0. If it falls, it could find support at $3737.0, $3381.0, or $3120.0.
On the daily chart, the closest support is at $3404.0 and resistance is at $4317.0. On the 7-day chart, the closest support is at $2482.0 and resistance is at $4040.0. These levels can be used to set stop-loss and take-profit points.
In conclusion, the technical analysis suggests that ETH is currently in a bullish trend, but nearing overbought conditions. This could mean potential for more upward movement, but also risk of a pullback. As always, it's important to consider other factors and use risk management strategies when trading.
🔥 GMT Long-Term Trend Shift: Big Signal!After 1.5 years of straight selling, GMT has finally confirmed a change of the long-term trend.
In my eyes, GMT is one of the better undervalued tokens on the market right now. It saw a huge move back in 2022, but lost around 95% of its value at some point. Relatively new token, so a lot of potential upside.
Stop under the weekly swing low, target at the all-time high.
Bitcoin can decline to support area and then rebound upHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago entered to upward channel, where it at once rebounded from the support line and rose to the 59000 support level, which coincided with the buyer zone. In a short time later BTC broke the 59000 level and made a retest, after which it continued to move up and reached the resistance line of the channel, but then the price turned around and fell below. Then price continued to rise and some time later BTC reached the current support level, which coincided with the support area and even entered to this zone and also reached the resistance line of the channel, but soon price turned around and in a short time declined to support line of the channel, making fake breakout of 67150 level. But at once price bounced and made a strong impulse up to the support area, breaking the current support level one more time. Also recently, BTC exited from this area and now it trades near, so I think that Bitcoin can decline to the support area, where it turns around and starts to move up to the resistance line of the channel. For this case, I set my target at the 72500 level. Please share this idea with your friends and click Boost 🚀