Entry starts at 2908.445, with slippage extending up to 2971.930. The first target is 2780. In the first scenario, the price may continue to rise toward the slippage level, which does not affect our trade even if it touches it. However, a close above this level would mark the end of the trade. From there, the price is expected to return to the entry level before...
We might see a skyrocketing increase in this coin based on the LUTA indicator. However, you should still adhere to a stop-loss in case the price drops.
Solana has emerged as one of the digital currencies that attract traders’ attention due to its high price volatility and advanced technical capabilities. In this article, we will present a technical analysis of the SOLUSDT.P pair, relying on a variety of technical tools and indicators to provide a comprehensive outlook on the potential trends and short-term price...
As we can see on the chart, there is a likelihood of a drop from Zone 1. This indicates either a direct decline or a pullback to the zone before continuing to the same target. However, maintaining discipline by setting a stop loss at both zones is crucial.
Based on the chart we provided, we believe the price will drop to the specified area without breaking the stop-loss level.
We still believe that the 90419.3 level on BINANCE:BTCUSDT.P serves as a strong support point that could drive the price toward the next target at 140136.1. The current technical analysis supports this scenario based on the following factors: Overall Trend: The uptrend remains intact, with prices holding above the 50-day and 200-day simple moving averages,...
We anticipate Bitcoin to rise from $93,526.2 to $111,949.0 based on volume analysis Plan Based on Closing Near the Target Level Closing Above the Target ($111,949.0): If a daily candle closes above this level, further upside is expected, with the price continuing to rise by the same percentage increase as the current move. We will update the targets and strategy...
Current Price: BINANCE:SUIUSDT.P is currently trading around $4.66. Technical Analysis: Technical indicators show a strong buy recommendation for SUI/USDT The Relative Strength Index (RSI) indicates bullish momentum. The MACD indicator signals a continuation of the upward trend. Additionally, the price has crossed above key moving averages, which reinforces a...
The current price of the COMP/USDT pair on Binance is approximately $109.28, with a decline of -2.21% over the last 24 hours. Over the past month, the price has experienced a significant increase of 117.02%, reflecting strong market recovery. However, recent fluctuations suggest high volatility. Key Levels: Support: Around $102. Resistance: Currently at...
BINANCE:BTCDOMUSDT.P reflects Bitcoin's dominance in the cryptocurrency market, currently trading at approximately 2936.8 points on Binance. The chart indicates that the index is testing key resistance levels near 2940 points after recovering from support levels around 2910. Key Technical Highlights: Support and Resistance Levels: Primary support is located at...
Current Price and Movement: CTSI is trading at $0.1725, reflecting a decline of approximately 3.99% over the past 24 hours. Weekly and Monthly Performance: Over the last week, CTSI dropped by 14.05%, but its monthly performance shows a significant 31.61% increase, highlighting high volatility. Key Technical Levels: Support: The primary support level is around...
Market Overview BINANCE:SUIUSDT.P is currently trading near $4.16, showcasing moderate volatility. Below is a concise technical analysis: Bullish Momentum: The price recently tested a high of $3.94, supported by trading above key moving averages (MA7 and MA25), indicating positive momentum. If support levels between $3.1–$3.4 hold, the pair could target...
BINANCE:SUIUSDT.P is currently trading within a range of $3.96-$4.02, with strong resistance at $4.10 and key support at $3.90. Technical indicators such as RSI reflect a balance between buying and selling forces, suggesting a neutral momentum. Moving averages indicate ongoing bearish pressure in the long term, while the MACD shows weak momentum. A breakout...
1. General Trend: Current Trend: ARPA/USDT shows a strong bullish trend in the short and medium term. The price has surged over 45% in the past month, reflecting positive momentum in the market. Support and Resistance Levels: Key Support: $0.0600 USDT. Immediate Resistance: $0.0720 USDT, with potential to test $0.0800 if the bullish trend continues. 2. Moving...
Analysis of the currency BINANCE:HBARUSDT.P type of trade BUY In case of closing above the first target, we will update the analysis, and in case of closing below the first target, it will be the end of the trade.
We anticipate an upward movement while emphasizing the importance of a full exit if the stop-loss level is reached. Should the price continue rising and close above the first target, we will update the second target accordingly. This process will continue as long as the price closes above the specified target levels. However, if the price closes below any target...
After presenting an idea about SUSHIUSDT.P and discussing the scenario of hitting the stop-loss level, the analysis has been updated as the stop-loss level was indeed touched. This chart serves as an update to our previous analysis. If the test and retest succeed, we will have a first target. Should the price successfully close above the first line, we will...
The upward movement on BINANCE:OPUSDT.P continues as planned, with the requirement of a price close above the TP1 level to confirm the bullish trend and move towards subsequent targets. However, if the price closes below the first target, it will signal an exit from the trade entirely while adhering to the stop-loss strategy. Monitoring price action at these...