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SPACE ID/Tether

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IDUSDT trade ideas

Alikze »» ID | Multiple combined correction form💎 In the daily and weekly time, after a complete 5-wave upward cycle, it faced supply in the area of 1.84 and a corrective form took place. 💎 According to the current correctional structure, a combined multiple correction is underway, which can continue until the specified areas. 💎 Therefore, as long as it is below the price of 0.79, it can go through the specified correction process. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Short
by alikze
SPACE ID | ID The price of SPACE ID is $0.57 today with a 24hour trading volume of 185 million dollars. This represents a 27% price increase in the last 24 hours SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, manage web3 domains. It also includes a Web3 Name SDK & API for developers across blockchains and provides a multi-chain name service for everyone to easily build and create a web3 identity and ID is the governance token of SPACE ID. Space ID has an ambitious roadmap for 2023. The project plans to achieve several milestones to enhance its functionality, usability and adoption: Q2 2023: Launch a merch store gated by NFTs with exclusive personalized merchandise for Space ID domain owners; initiate the launchpad for custom TLD domain names that allows communities to build and launch their own domains. Q3 2023: A SID universal domain that represents all user identities and multi-chain addresses with a colon domain syntax. Q4 2023: The SID DAO launch that enables decentralized governance of the project by ID token holders Space ID has received strong support from reputable investors and partners in the blockchain industry. The project has raised a total of HKEX:10 million in funding over two rounds. The seed round was led by Binance Labs, the venture capital arm of Binance. The strategic round was led by Polychain Capital and dao5, two prominent venture capital firms that focus on web3 innovation. Other participants in the funding rounds include Foresight Ventures and other institutions and industry leaders. next targets are 0.59, 0.63 and 0.65
Long
by moonypto
17
ID looks bearishID is a symbol that is very interested in sharp movements and triangle formation. It looks like a large diametric pattern is forming and the ID is finishing wave C. It is expected that the supply will be maintained and the price will enter the D wave. Wave D is bearish. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
SYMMETRICAL TRIANGLEA symmetrical triangle is a technical analysis chart pattern formed by two converging trend lines, one ascending and the other descending, which connect a series of higher lows and lower highs respectively. This pattern indicates a period of consolidation before a potential breakout. When a symmetrical triangle forms below an upward trend, it can be considered a continuation pattern, indicating a temporary pause in the uptrend. The triangle's apex points to a potential breakout direction, which in this case, would be an upside breakout, resuming the previous uptrend. Here are the key characteristics: - Formed by two converging trend lines - Higher lows and lower highs - Consolidation period - Potential upside breakout - Continuation pattern Keep in mind that technical analysis is not always exact, and other factors should be considered before making trading decisions.
by De_Dommex
Trade Idea for SPACE ID (ID) - Accumulation StrategySPACE ID (ID) is currently trading at approximately $0.7485, having shown a price increase of 4.91% in the last 24 hours. The market cap is around $399.69 million, with a circulating supply of approximately 533,986,987 ID tokens​​. Initiate a position at the current price level of around $0.7485. This entry provides a strategic point given the recent price movements and potential for rebound. Plan to accumulate additional SPACE ID tokens if the price drops to $0.72 and further to $0.66. This strategy allows for averaging down the entry price and capitalizing on market corrections. Set multiple take-profit targets to maximize returns. The initial targets are $1.20 and $1.65, chosen based on potential resistance levels and historical price action. SPACE ID aims to create a universal name service network for Web3, offering decentralized, open-source, and censorship-resistant services. The project includes web3 domain registration, management, and governance through its ID token, which plays a critical role in the platform's ecosystem​. The SPACE ID token has experienced significant volatility but shows potential for substantial growth as more users adopt its services. The Fear & Greed Index indicates a sentiment leaning towards greed, which may suggest strong investor interest and potential buying opportunities​. Accumulating SPACE ID at strategic price points leverages market volatility and the potential for future growth. The phased profit-taking strategy aims to capture gains as the market appreciates, driven by the project's innovative approach to Web3 identity management. This trade idea is based on current market data and SPACE ID’s strategic positioning as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
Long
by icordkaz
IDUSDT still has more to offerIDUSDT exhibiting a robust rounding bottom reversal pattern. The price has successfully breached above the neckline, signaling a bullish reversal. Currently, there's an attempt for a pullback towards the neckline, presenting a favorable buying opportunity for us. We anticipate the price to consolidate near the neckline, accumulating momentum for the next phase of the coin's movement. Our analysis indicates potential targets, as illustrated on the chart. To manage risk effectively, we recommend setting the stop-loss level below the important support level. We value your input and welcome any feedback on our analysis.
Long
by weslad
3
Free gold: Trade setup for ID / USDTIf you're looking to trade ID at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.595$ and take profits at the levels shown in the chart. Targets: 1. 0.605$ 2. 0.617$ 3. 0.645$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
ID/USDT Ready to Leave the Descending Channel? 🚀Positive Sign 💎Paradisers, let's take a look at the latest market trends for #IDUSDT, which have been quite interesting. 💎Currently, #SpaceID is hitting the resistance of a descending channel. If it manages to break above this level, it could signal a bullish trend reversal, with the potential to back-test the significant resistance zone mentioned above. 💎On the other hand, if #ID fails to break through and gets rejected at the resistance, it might indicate a downward shift, possibly sending the price back to the weekly OB area to regain some upward momentum. 💎The weekly OB area is a crucial support level for SpaceID. If the price holds within this zone, it could be a prime buying opportunity with a potential bounce to the upside. However, if BME:ID breaks below the weekly OB area, it might suggest further downward movement. 💎Stay focused and be ready to adapt as we monitor the unfolding dynamics of the #ID market.
Long
by MyCryptoParadise_Simon
ID's Situation: What Shall we ExpectHi. BINANCE:IDUSDT Today, I want to analyze ID for you in a 12H time frame so that we can have a SHORT-term view of ID regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ the odds of another bullish Movement is Pretty high because the pattern which ID is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 No break out yet! Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
#IDUSDT #Analysis #Eddy#IDUSDT #Analysis #Eddy This analysis is based on the combination of PA, RTM, ICT, DL2+3 & Wyckoff Analytical Styles. (( In general, most altcoins have a similar structure and can grow by more than 50 and 100 percent. )) I specified the sniper entry points for you ;-) » Do not forget to receive confirmation » Don't forget risk and capital management ⚠️ Attention! ((Pay attention to the position and movements of Bitcoin, as well as the general state of the market and indicators, please confirm))
by Eddy_Trade_
🔥ID is Another TOP Altcoin on BinanceSpaceID fell by -85% from it's highs. That's much more then most of fresh altcoins on Binance (which has a top growth potential): WLD, ARKM, EDU etc. It means that not to much people to pay attention to this altcoin and don't want to buy it now...still. The retailers want to buy such altcoins when it pump by 3-4x which is end of the growth. The same pattern with Aptos supposes these target for ID: 1. $0.36 (+97%) - the key level 2. $1.05 (+457%) - the local high 💥 The bull market is alredy in action and will take just 1-2 years. Please use this time to your advantage! like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
7
[30-03-2024] Descending Channel and Bearish Divergence $IDUSDTBINANCE:IDUSDT is showing signs of a potential reversal in the 4h timeframe. After a period of upward movement, the price has started to form lower highs and lower lows, trapped within a descending channel. There is a critical resistance level at $1.4 that buyers have previously defended, but a failure to hold could see further downside. We may witness a pullback to the 0.5 or 0.618 Fibonacci levels, an area where sellers could potentially look to add to their positions. Traders should watch for volume confirmation on any upward retest to gauge the strength of the move. Additionally, there is a possibility of a bearish divergence forming on oscillators (not shown), suggesting the recent highs in price are not supported by momentum and could lead to a continuation of the downtrend. Trade Strategy : - Short on rejections from key Fibonacci levels with an increase in selling volume. - Stop losses could be placed above the descending channel or the recent swing high. - Initial profit targets could be set at the 1.0 Fibonacci extension level with further targets at 1.272 and beyond if the momentum continues. Always manage risk appropriately and consider the use of stop losses, as cryptocurrencies can be highly volatile and unpredictable.
Long
by cdw1p