Crypto options trading is emerging as a popular way for traders to hedge risk, amplify profits, and diversify their trading strategies. As the cryptocurrency market matures, options trading is gaining traction among both traditional and crypto-native traders who seek a new way to leverage the volatility of digital assets. Here’s an in-depth look at what crypto...
XAIUSDT Technical analysis update XAIUSDT has been trading inside a rectangle pattern at the bottom for the last 100 days, which is considered an accumulation stage. The price is now breaking the rectangle resistance and has crossed the 100 EMA on the daily chart. We can expect a strong bullish move in the coming days. Regards Hexa
ETHUSDT Technical analysis update ETH is trading at a key support trendline, where it has been consolidating for the past 90 days. The 100-day and 200-day EMAs are acting as strong support levels on the weekly chart, further reinforcing this area as a significant foundation for price stability. Additionally, a previous resistance level has now turned into a...
ARUSDT Technical analsysi update ARUSDT has been trading inside a falling wedge pattern for the last 250 days. The price is now moving toward the wedge resistance line for a potential breakout. Once the breakout is confirmed on the daily chart, we can expect a strong bullish move in AR. The 2022 resistance level is acting as strong support at the bottom of the...
ROSEUSDT Technical analysis update BINANCE:ROSEUSDT has formed a descending channel, and the price is now moving toward the channel resistance for a potential breakout. The price is trading above the 100 and 200 EMAs on the daily chart, indicating a bullish signal. A breakout above the channel could lead to a strong upward move. Entry level: Below $0.086 Stop...
ARKUSDT Technical Analysis update ARKUSDT has been trading within a broadening wedge pattern for the past 375 days. The price is now moving toward the wedge resistance line, signaling a potential breakout. A breakout can be confirmed once the daily candle closes above the resistance line. There has been a rise in volume near the resistance, and the price is...
CKBUSDT technical analysis update CKB's price has touched a strong support level on the weekly chart and is now bouncing from it. We can expect a bullish move from the current level. On the daily chart, the price has dropped below RSI 30, which is another bullish sign for CKB. This is a good time to accumulate some CKB. Target 300%-500% Regards hexa
ICXUSDT Technical analysis update ICX price has dropped 96% from its March 2021 peak and has now reached the December 2019 support level, which could be considered strong support. A potential reversal from this level is possible. Regrads hexa
SHIBUSDT technical analysis update SHIB's price has broken the trend resistance line and made a new higher high on the daily chart. Additionally, it has crossed above the 100 EMA on the daily timeframe, which is considered a strong bullish signal for SHIB. We could potentially see a 100-200% bullish move in SHIB over the next few months.
BABYDOGEUSDT technical analysis update BabyDoge has been consolidating for the last 1,150 days, and the price is now breaking out of a 3-year consolidation. We can expect a strong bullish move once the breakout is confirmed on the weekly chart. Stop Loss: 1730 Take Profit: 300%-1000%
SOLUSDT Technical analysis update SOLUSD has formed an ascending triangle pattern, and the price is now moving towards the triangle's resistance. A strong bullish move can be expected in the coming days Buy Level: $160.00 Stop Loss: $147.00 Regards Hexa
ILVUSDT Technical Analysis update ILVUSDT has been forming a descending channel pattern over the last 100 days. The price is now moving toward the channel resistance with high volume, signaling a potential breakout. If the breakout is confirmed, we can expect a strong bullish move in ILV. TP 1 : $52.00 TP 2: $77.00 Regards Hexa
TRX has shown impressive strength, gradually increasing by approximately 260% over the past two years. The price has steadily climbed from its lows, forming a strong uptrend, and is now nearing a critical resistance zone at its previous all-time high (ATH). If TRX manages to break above this key resistance, it could signal a bullish continuation, opening the path...
Ethereum's CME futures gap, which had been present for around 90 days, has finally been filled. Typically, CME futures gaps tend to act as magnet levels, drawing the price back to fill these gaps over time. This time, ETH took about three months of consolidation before returning to fill the gap at the $3000 level. Filling this gap can signal renewed momentum. As...
ETHUSDT Technical Anlaqysi update Ethereum has been consolidating within a symmetrical triangle for approximately 1,500 days. This long-term pattern has seen the price consistently oscillate between support and resistance levels, gradually narrowing. Currently, ETH is rebounding off the triangle's support trendline and appears to be approaching the resistance...
ACEUSDT Technical Analysis update ACEUSDT is breaking its trend resistance line after 140 days of consolidation. Once the breakout is confirmed on the daily chart, we can expect a strong bullish move. The price has touched the 1.80 level multiple times and bounced back to resistance, but this time it has broken through the resistance line.
Historically, when Bitcoin ends September in the green, Q4 tends to see strong bullish momentum. In years like 2015, 2016, and 2023, Bitcoin posted significant gains in October through December following positive Septembers. This pattern suggests that Bitcoin could be poised for another rally in Q4 2024 if history repeats, making it a favorable time for potential...
ETHUSDT weekly chart is currently showing a significant bullish signal, The MACD indicator has just completed a bullish crossover, where the MACD line crosses above the signal line, indicating a potential shift in momentum from bearish to bullish. Historically, whenever similar crossovers have occurred on the weekly chart, ETH has often experienced strong upward...