F3 the next big AI social media platformObserving some interesting resemblence of Friend3 to Cardano's run in 2020/2021. This underdog project with around 4 Million Marketcap is gonna shock a lot of people for shure.
Usdt
Binance Coin can break resistance level, and continue to growHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time ago rebounded from the support level, which coincided with the buyer zone and started to grow, but soon price made a correction to this level, after which BNB continued to move up. Soon, the price turned around and made a fake breakout of the 402 level and then it turned around and started to grow in an upward channel, where BNB soon broke the 402 level one more time and then continued to grow. In the channel, the price rose to the resistance level, which coincided with the seller zone and even broke this level, after which it reached the resistance line of the channel, thereby exiting from the seller zone also. But soon, BNB turned around from this line and in a short time declined to support line of upward channel, breaking the 586 level. At the moment, Binance Coin trades near this line, and in my opinion, BNB can rebound up from the support line to the seller zone, thereby breaking the resistance level. After this, Binance Coin can make a retest and then continue to grow in an upward channel, therefore I set my target at the 645 level. Please share this idea with your friends and click Boost 🚀
HelenP. I Bitcoin can make retest, after which it continue fallHi folks today I'm prepared for you Bitcoin analytics. Some days ago BTC traded in the support zone, which coincided with the 51700 support level, and soon broke it and tried to rise, but failed and fell back to the zone. After this, the price little declined in the zone, after which BTC rose to the 51700 level, and at once rebounded down to the trend line. When the price touched the trend line, it turned around and made firstly strong impulse up to 63500 points, after which the price little corrected and then continued to move up to the resistance level, which coincided with the resistance zone. But BTC at once rebounded from this level and fell to the trend line, after which price in a short time rose back to the resistance level, and even entered to resistance zone, thereby breaking the 68500 level. Soon, the price rose higher resistance zone to new ATH - 73800 points, after which BTC turned around and fell back. As well recently, the price broke the resistance level, with the trend line, and at the moment, Bitcoin trades below. For my mind, BTC will make a retest to the trend line, after which the price can continue to decline, so, for this reason, I set my target at the 63500 level. If you like my analytics you may support me with your like/comment ❤️
FETUSDT.4HOn this 4-hour chart for Fetch.ai (FET) against Tether (USDT), we're looking at the price development and some key technical indicators.
Price Trend: There has been a recent downturn after a period of upward movement. The price has been on a general uptrend but has encountered a pullback.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, which indicates bearish momentum. The MACD histogram also shows a decline, supporting this view.
RSI (Relative Strength Index): The RSI is near the 50 mark, which suggests a neutral market without immediate overbought or oversold conditions.
Considering the chart and indicators, I’d look for potential support levels where the price might stabilize and bounce back if the overall uptrend is to continue. It’s also crucial to keep an eye on the MACD and RSI for any signs of a shift in momentum. The neutral RSI gives room for movement in either direction, so I’d be prepared for both bullish and bearish scenarios, setting stop losses to manage risk accordingly. Since the chart lacks detailed price points for potential support or resistance, I would also consider the broader market sentiment and any fundamental news that could affect FET's price action.
DOGEUSDT.4HIn the 4-hour DOGE/USDT chart, we’re witnessing a recent decline in price after an uptrend.
Resistance Levels (R1, R2): Resistance is found at 0.18159 USDT (R1) and 0.20989 USDT (R2). These may represent points where the asset has historically faced selling pressure and could act as target levels for future price increases.
Support Levels (S1, S2): Support is established at 0.15573 USDT (S1) and 0.12103 USDT (S2). These could be pivotal zones where the price may stabilize or bounce if downward pressure continues.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, suggesting bearish momentum. The histogram is also negative, supporting this sentiment.
RSI (Relative Strength Index): The RSI is hovering around 51, indicating a relatively balanced market with neither overbought nor oversold conditions.
Conclusion:
Given the current scenario, I would watch for how the price interacts with the first support level (S1). If it holds, it might provide a good entry point for a potential rebound, especially if other indicators like the MACD start to show a shift in momentum. If S1 fails to hold, I’d consider S2 as the next area of interest for support. For resistance, if the price rebounds and approaches R1, I’d assess the strength of the move and consider taking profits if the price struggled to break through. Stop losses would be strategically placed below support levels to manage risk. It's essential to also pay attention to market news and sentiments that could influence Dogecoin's price.
JUPUSDT.1HAnalyzing the 1-hour JUP/USDT chart:
Trend: The overall trend appears to be bullish, as indicated by the recent higher highs and higher lows. However, the latest candles show a pullback from the high.
Resistance Levels (R1, R2): The first resistance level is at 1.0854 USDT (R1), and the next is at 1.3169 USDT (R2). These are prices at which the asset has previously encountered selling pressure.
Support Levels (S1, S2): There are support levels at 0.8612 USDT (S1) and 0.7246 USDT (S2). If the price continues to decline, these levels may act as areas where buyers could step in.
MACD (Moving Average Convergence Divergence): The MACD line is very close to the signal line, indicating that momentum is somewhat neutral with a slight bullish bias, but the convergence suggests that momentum may be waning.
RSI (Relative Strength Index): The RSI is around 55, which is neither overbought nor oversold, suggesting that there may be room for the price to move in either direction without immediate pressure from these extremes.
Conclusion:
Given the current chart setup, I would consider the current pullback as a potential entry point for a long position, especially if the price approaches the S1 level and shows signs of support. However, the proximity of the MACD lines indicates that I would need to be cautious and set a stop loss below the support level to manage the risk. If the price reverses and begins to move upwards, I would look to R1 as an initial target where I might take partial profits or assess the strength of the upward momentum. A break above R1 could indicate the potential to reach R2, depending on the volume and buying pressure observed at that time. As always, it's crucial to keep an eye on both technical indicators and market news that could affect the sentiment and direction of the price action.
CVPUSDT.1DThis daily chart for Concentrated Voting Power (CVP) against Tether (USDT) displays a pullback after a significant price surge.
Resistance Levels (R1, R2): Resistance levels have been set at 0.7517 USDT (R1) and 0.9644 USDT (R2). The R1 level might serve as a target for any upward moves or as an area to potentially take profits.
Support Levels (S1, S2, S3): The chart identifies three support levels: 0.5772 USDT (S1), 0.4957 USDT (S2), and 0.3792 USDT (S3). These levels could act as potential areas where buying pressure might prevent further price declines.
MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, but the histogram suggests that the bullish momentum is decreasing as the bars are declining.
RSI (Relative Strength Index): The RSI is just above 70, indicating that the asset may be entering overbought territory. This can suggest a potential pullback or consolidation could be forthcoming.
Conclusion:
Given the current position of the RSI and the declining MACD histogram, I would be on the lookout for a potential retracement or consolidation. The support level at S1 might offer an entry point for a long position if the price shows signs of stabilization or a bounce. However, I would remain cautious due to the possibility of a deeper pullback given the overbought RSI. A break below S1 could see the price head towards S2, and I would adjust my strategy accordingly. In any case, setting a stop loss just below the support levels would be prudent to manage risk. As always, it's essential to integrate the technical analysis with market news and other fundamental analyses to make informed trading decisions.
DIAUSDT.4HOn the 4-hour chart for DIA/USDT, the technical analysis suggests that the price action is currently within a bullish phase but experiencing a pullback.
Uptrend Line: A rising support trendline is visible, indicating an established uptrend. The price has recently pulled back to this line, which could provide a springboard for further upward movement if the trend remains intact.
Resistance Levels (R1, R2): The resistance levels are marked at 0.7557 USDT (R1) and higher (R2), which is not fully shown on the chart. These are the prices where the asset previously faced selling pressure.
Support Level (S1): The immediate support level is at 0.6191 USDT (S1). This level may act as a floor in the short term, where buyers might come in to uphold the price.
MACD (Moving Average Convergence Divergence): The MACD is slightly above the signal line, indicating that the bullish momentum might still be in play, although it appears to be weakening as the histogram is quite flat.
RSI (Relative Strength Index): The RSI is around 62, which is neither in the overbought nor in the oversold territory. This indicates that there may still be room for price movement in either direction without immediate pressure from these extremes.
Conclusion:
As a trader, I would view the approach to the rising support trendline as a potential buying opportunity, with the understanding that the trend might continue. However, I would also set a stop loss below the support level to protect my position against a potential breakdown of the trend. If the price bounces off the support trendline and moves upward, I would look to the resistance levels as targets for taking profits. On the other hand, a break below the trendline could indicate a shift in trend, and I would reassess my strategy accordingly, potentially looking for shorting opportunities. As always, it's important to stay updated with the latest market developments and news that could affect the sentiment and price action.
BTCUSDT.4HIn this Bitcoin to Tether (BTC/USDT) chart, we're looking at a downward movement indicated by the recent red candlesticks.
Bollinger Bands: The price has moved sharply down and is currently at the lower Bollinger Band, which often acts as a dynamic support level. A breach below this band could indicate a strong bearish trend, while a bounce from it could signal a potential reversal or consolidation.
Resistance Levels (R1, R2): Resistance levels at 74,379.14 USDT and 78,507.54 USDT have been marked. If a reversal occurs, these levels could act as potential targets for taking profits or reassessing the position.
Support Levels (S1, S2, S3): There are several support levels identified: 65,426.40 USDT (S1), 60,045.16 USDT (S2), and a lower support at 50,313.86 USDT (S3). These levels could be where buyers might step in, providing opportunities to enter long positions with a risk-managed approach.
Volume Bars: The volume bars show significant activity during the downward price move, which suggests that there's conviction behind the sell-off.
RSI: The Relative Strength Index (RSI) is nearing the oversold territory, indicating that the market may be due for a reversal or pause in the downward momentum.
Conclusion:
The combination of hitting the lower Bollinger Band and the RSI nearing oversold levels might provide a basis for a potential reversal or relief bounce soon. I would keep a close eye on the support levels, especially S1, for evidence of buying interest. If the price stabilizes or bounces off S1, it could provide a good risk-to-reward entry point for a long position, with a stop loss placed just below S1 to manage risk. However, if S1 fails to hold, my attention would shift to the next support level at S2.
I'd remain cautious and ready to act on new information, as the high selling volume and the current momentum could indicate further downside. Technical analysis provides guidance but it's not infallible, so I would also consider wider market sentiment and news that could impact the price action.
ETHEREUM - Price can bounce up from support level to $4170Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price moving up in rising channel, where it bounced up from $3380 level, which coincided with support area.
After this, ETH rose to resistance line of channel and then made downward impulse lower $3380 level, breaking it and exiting of channel.
Price entered to wedge, where ETH made upward impulse to $3900 level, which coincided with resistance line of wedge.
Also later, ETH rose to resistance line, breaking $3900 level, but at once declined and some time traded near.
Soon, price broke this level again and then rose to resistance line, after which ETH fell to $3900 level.
Now, I think Ethereum can fall to support level and then bounce up to $4170
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BTC 313 K $ Target - Satoshi is same Messias , the survivor Everything is visible on chart
Satoshi is same Jewish promisen survivor
Yahadút
Keep an eye on $THETA/USDTDid you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @frmnCapital
SCRTUSDT.1DOn the daily SCRT/USDT chart, here's my technical analysis:
Zig Zag Indicator: The zig zag pattern illustrates the asset's volatility with sharp upward and downward movements. The current pattern indicates a bullish movement has occurred after a prolonged downtrend.
Resistance Levels (R1 and R2): The chart indicates two key resistance levels at approximately 0.9279 USDT (R1) and 1.059 USDT (R2). These are levels where the price previously encountered selling pressure.
Support Levels (S1 and S2): Support is noted at 0.6086 USDT (S1) and stronger historical support at 0.4521 USDT (S2). These are the levels where buyers have stepped in previously, offering potential bounce points if the price were to decline.
Moving Average Convergence Divergence (MACD): The MACD line is above the signal line and the histogram bars are positive, suggesting bullish momentum. However, the diminishing height of the histogram bars could imply that the bullish momentum is waning.
Relative Strength Index (RSI): The RSI is around 70.49, hovering at the edge of the overbought territory. This can sometimes predict a forthcoming price pullback or consolidation.
Conclusion:
Given the strong recent upward move and the RSI at overbought levels, I'd be cautious about initiating new long positions at this point due to the potential for a reversal or consolidation. Instead, I might consider taking profits if I were currently in a long position, especially as the price approaches the first resistance level (R1). If I were looking for entry points, I'd watch for a potential retracement toward support level S1, which might provide a more favorable risk-reward ratio.
However, I must keep in mind that overbought conditions can sustain in a strong bull market, so I'd also be prepared for the possibility of the price breaking through R1. In such a case, I'd look for increased volume and a strong MACD as confirmation before considering further long positions, potentially targeting R2. I would also remain vigilant for any bearish signals from the MACD or RSI, which may prompt me to reassess my position. Technical analysis is one tool among many, and it's vital to stay informed about broader market trends and updates that could impact price action.
ARUSDT.4HAnalyzing the AR/USDT 4-hour chart, I'm taking into account several technical aspects:
Bollinger Bands (BB): The price is currently trading near the middle Bollinger Band (BB:Basis), after having descended from the upper Bollinger Band. This suggests that the price is consolidating, and the middle band may act as a potential support or pivot point.
Trend Patterns: The chart has depicted a rising wedge pattern, which typically signals a bearish reversal following an uptrend. The price has indeed broken down from this pattern, confirming the potential bearish bias.
Relative Strength Index (RSI): The RSI is at 47.50, which is neutral territory. This does not give a clear indication of overbought or oversold conditions but does tell me that there's room for movement in either direction without immediate pressure from these extremes.
Moving Average Convergence Divergence (MACD): The MACD line is below the signal line, and the histogram bars are decreasing in height, both of which suggest that the bearish momentum is present, although it may be weakening.
Volume: Not shown here, but as always, I'd look for confirmation of these signals with the trading volume.
Conclusion:
Based on my analysis, I'm observing a market that appears to be in a state of consolidation after a bearish breakdown from a rising wedge. I would look for potential selling opportunities, especially if the price starts to approach the upper Bollinger Band with the RSI nearing overbought conditions, which could signal a good risk-reward ratio for a short position. My first target would be the lower Bollinger Band, with further downside potentially indicated by the MACD's momentum. As for entry, I'd prefer a retest of the wedge's underside as a bearish confirmation.
However, given that the market is not showing extreme conditions on the RSI and that the MACD's bearish momentum is not strongly pronounced, I would keep my positions moderate and employ tight stop losses. The neutral RSI suggests that there is no immediate rush to enter a position, so patience is key. I'd remain vigilant for any signs of a bullish reversal, such as a crossover of the MACD line above the signal line or an RSI push above 60, which might prompt a reevaluation of my stance. As with any trade, this plan would need to be flexible and responsive to the market's changing dynamics.
ZENUSDT.1DUpon reviewing the daily chart for ZEN/USDT, I observe the following from a technical analysis standpoint:
Bollinger Bands (BB): The price has made a decisive move above the upper Bollinger Band, which is often considered a signal of strong bullish momentum, although it can also suggest overbought conditions. The price extending above the band could mean that we're experiencing a period of high volatility.
Zig Zag Indicator: The Zig Zag lines show significant peaks and troughs, indicating a highly volatile market for ZEN. The latest movement shows a sharp increase in price.
Relative Strength Index (RSI): The RSI is currently around 68.45, which is nearing the overbought territory (70 and above), suggesting that the asset may be becoming overbought. However, it's not uncommon for the RSI to remain in overbought territory during a strong trend.
Moving Average Convergence Divergence (MACD): The MACD line is above the signal line and the histogram is positive, both of which suggest bullish momentum. The widening gap between the MACD line and the signal line emphasizes this bullish sentiment.
Volume: Again, volume isn't visible here, but it would be important to correlate the price movements with volume for confirmation. High volume would add confidence to the bullish signals.
Conclusion:
Based on this chart, I sense a strong bullish trend, underscored by the recent breakout above the upper Bollinger Band and positive MACD. However, given the RSI's proximity to the overbought zone, I would be cautious about a potential pullback or consolidation in the near future. My strategy would be to consider taking some profits while setting a trailing stop loss to protect from a downside. If I were looking to enter a new position, I would wait for a potential retracement or consolidation to avoid buying at a peak. It's crucial to monitor the RSI and MACD for signs of weakening momentum and be ready to adjust my position accordingly. Remember, while technical analysis can guide decisions, it's also important to consider fundamental factors and market news that could affect the price action.
AEVOUSDT.15MINLooking at this updated 15-minute chart of the AEVO/USDT trading pair, I can observe several technical indicators that could inform my trading strategy.
Trendline Break: Initially, the price was in a downtrend, marked by the downward trendline. However, the price has broken through this trendline, indicating a potential reversal or at least a pause in the downtrend.
Support and Resistance Levels: There are clear support and resistance levels identified on the chart. The support at 2.76 USDT hasn't been retested after the initial drop. Resistance levels are marked at 3.14 USDT (R1), 3.26 USDT (R2), and 3.51 USDT (R3). These will serve as my targets for any bullish price movement, with R1 being my first target for taking profits or reassessing the price action.
Bollinger Bands (BB): The price is currently between the middle band (BB:Basis) and the upper band (BB:Upper), which suggests that the volatility is increasing as the price approaches the upper resistance levels. A move above the upper Bollinger Band can often indicate overbought conditions, but in a strong trend, the price can ride the band for an extended period.
RSI (Relative Strength Index): The RSI value of 56.30- indicates that the market is not yet in overbought or oversold territory, which aligns with my interpretation that there is room for movement either way.
Volume: While volume isn't explicitly shown, the price action and candlestick patterns would be more significant if supported by high volume, indicating stronger conviction behind the moves.
Conclusion:
My trading plan, based on this chart, would be to watch for confirmation of the trend reversal, ideally with an increase in volume. I would consider entering a long position with a close above the trendline, targeting the resistance levels as potential exit points. I would also set a stop loss slightly below the support level at 2.76 USDT to minimize potential losses if the downtrend resumes.
I must keep in mind that all trades carry risk and that this analysis should be complemented with other forms of research and market news. Furthermore, as the market is dynamic, I will be ready to reassess my positions should new patterns or indicators suggest a change in market sentiment.
REEFUSDT.1DBased on the provided market data, the current price of the cryptocurrency REEF is $0.0041. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI for REEF over 4 hours, 1 day, and 7 days is 60.17, 82.82, and 77.84 respectively. An RSI value above 70 generally indicates overbought conditions, suggesting a possible sell opportunity, while a value below 30 indicates oversold conditions, suggesting a possible buy opportunity. The RSI values, especially for 1 day and 7 days, are quite high indicating overbought conditions.
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator. The MACD values for REEF over 4 hours, 1 day, and 7 days are 0.00033, 0.00054, and 0.00028 respectively. Positive MACD values indicate bullish conditions and the potential for a buy opportunity, which aligns with the current MACD values.
The Bollinger Bands (Bb) are a volatility indicator. The Bb values for REEF over 4 hours, 1 day, and 7 days are 0.0052, 0.0052, and 0.0053 respectively. The current price is below the Bb values, indicating bearish conditions.
The support levels are the price levels at which demand is thought to be strong enough to prevent the price from falling further. The resistance levels are the price levels at which selling is thought to be strong enough to prevent the price from rising further. The current price is closer to the first support level for 4 hours, 1 day, and 7 days, indicating bearish conditions.
In conclusion, the technical analysis indicates overbought conditions due to high RSI values, bullish conditions due to positive MACD values, and bearish conditions due to the current price being below Bb values and closer to the first support level. Therefore, it might be a good idea to wait for a better entry point before investing in REEF. However, this is purely based on the technical analysis and does not take into account any fundamental factors or potential news that could impact the price. It is always recommended to do your own research before making investment decisions.
🔥 FLOKI Insane Cup & Handle Pattern: Fibonacci Entry!FLOKI has seen incredible gains over the last few weeks, gaining over 800% in the last 2 months. However, I think that FLOKI is due to a minor correction. The correction is caused by both FLOKI being incredibly overbought, as well as the fact that it hit it's previous all-time high resistance area.
I'm aiming for a retest of the Fibonacci Golden Pocket area between the 0.382 and the 0.5 retracements, a 30-40 percent correction from here. It might sound like a lot, but if you look at the chart FLOKI has seen multiple weeks where it corrected over 30% in a single week.
Consequentially, this might pose a very good entry point for investors which have been waiting for a good entry.
🔥 A Simple Guide To Sell The Bitcoin TopIn this analysis I want to talk about the upcoming Bitcoin top, and how to make sure you will exit at the "right" time.
As seen on the chart, every past cycle has topped at, or close at the purple RSI resistance drawn on the bottom half of the chart.
The strategy is simple, sell your BTC's in the month that the RSI has hit the top resistance. And Ideally, buy them back at a discount once the RSI hits the bottom support.
You will likely not catch the exact top, but will catch the top area better than 90% of traders.
WAVESUSDT 3D LONG📈Hi all. Timeframe 3D. WAVES has formed a triangle and is at trend support. Pressing down the price. I am considering going long during a breakdown/retest of the triangle resistance. Marked goals and levels on the chart.
NEAR USDT TO $12NEAR USDT TO $12
Long accumulation phase on daily timeframe that finally broke out.
A move like this could have potentially a lot of upside.
We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40.
NEAR could go a lot higher, with $12 just being the first target.
Why $12?
The previous high on NEAR was sub $20. However, there was a lot less coins in circulation in 2022 when NEAR hit its previous highs. If we take the previous high market cap (12.5b) and use that with the current circulating supply, that takes us right at $12.
That's not to say that it can't go higher than $12, but just $12 should be the first target. Which can also see a possibly pullback. If we can get past $12 without any pullback, we could breeze through $15 and previous highs.
BINANCE:NEARUSDT BINANCE:NEARUSDT.P BYBIT:NEARUSDT.P BINANCE:NEARUSD COINBASE:NEARUSD KUCOIN:NEARUSDT MEXC:NEARUSDT.P OKX:NEARUSDT.P BYBIT:NEARUSDT BITGET:NEARUSDT.P BINANCE:NEARUSD.P KRAKEN:NEARUSD MEXC:NEARUSDT BINGX:NEARUSDT.PS COINBASE:NEARUSDT CRYPTO:NEARUSD
🔥 WIF: Newest Memecoin Reversal SignalWIF is one of the newer memecoins on the market and is placed in an illustrous list together with the likes of PEPE, DOGE, SHIB, FLOKI etc.
As of earlier today, WIF has successfully confirmed the reversal from the bottom support of the parallel channel. This, together with an oversold RSI (for the first time since it hit Binance!) has convinced investors of a pending reversal.
Stop under the most recent swing low, target at the top resistance. You can potentially turn this trade into a long-term one if the price breaks through the top resistance.
🔥 Bitcoin On-chain: You're Still EARLY This Cycle 🚨In this analysis I want to dive deeper into on-chain analytics, namely the amount of the BTC supply that has not moved in over 1-year (read: investors that hold BTC for >1 year).
This metric is important because it gauges the amount of hodlers in the market. Historically, the amount of hodlers always goes up during bear-markets and goes down during bull-markets.
Take a look at the previous three cycles. Hodlers only really started selling after BTC has made a new all-time high.
Seeing that the white line has only just started going down, we can safely assume that we're still early into the real bull-market and that we likely have another 6-12 months of bull period (historically) ahead of us.
Don't worry if you missed the boat on your favorite altcoin, you're still early.
