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ADAUSDT ShortTime Frame: 4H Symbol: ADAUSDT Entry: 0.3827 TP: 0.3622 SL: 0.3990 Bias: Short Today we see no commitment of huge cost development. The ongoing cost setting uncovers some unremarkable trading open doors across different instruments. We want to go for our plotted projections while exchanging separate cash matches. The main thing is cash the board . On the off chance that we can appropriately deal with the position ,any predisposition can be transformed into positive result. Our projection is directed by short and long haul specialized and key investigation.
Short
by NationCryptoSignals
ADAUSDT ShortTime Frame: 4H Symbol: ADAUSDT Entry: 0.3873 TP: 0.3655 SL: 0.4032 Bias: Short For ADAUSDT we are more disposed to go for a short exchange. As we see the specialized point of view of the diagram example may not generally go with the central side of examination yet designs are created in the market by the support of large number of exchanges with their separate exchanging choices, so we can plainly see that the ADAUSDT has a negative predisposition and can go for a short exchange.
Short
by NationCryptoSignals
USDCAD Analysis: Is it Time to Sell?Hey traders, The USDCAD recently broke above its double top, and now at its trendline resistance, which was previously a support zone, has now become a resistance level. Usually, I'm not a fan of these setups, but if this is what the market is providing, we can wait for confirmation at the trendline resistance that we are turning bearish before we move ahead and enter a sell trade. For a stop loss, we can place it above the trendline resistance or use an ATR-based stop loss, depending on the entry strategy. Our target would be the next level of support, which is located just near 1.3500. Keep following and liking this post for more exciting trading insights. Don't hesitate to share your thoughts in the comments section below. 📈
by TheTradersAvenue
12
Ready for a Breakout? How to Trade the Beautiful TriangleHey traders, The GBPUSD has been trading within a beautiful triangle pattern, and it's on the verge of breaking out. Typically, if this pattern appears in an uptrend with no apparent resistance ahead, it indicates trend continuation to the upside. Now, let's talk about how we can trade this triangle pattern. The aggressive entry is to enter at trendline support near 1.2400, with a stop loss placed below the previous swing. For a more conservative approach, wait for a confirmed breakout, then drop down one time frame and look for a trend continuation pattern to ride this break to the next level of resistance. Of course, if the market breaks below trendline support, this idea will no longer be valid. Keep following and liking this post for more exciting trading insights. Don't hesitate to share your thoughts in the comments section below. 🚀
by TheTradersAvenue
15
ADAUSDT ShortTime Frame: 4H Symbol: ADAUSDT Entry: 0.4094 TP: 0.3860 SL: 0.4279 Bias: Short Today we see no commitment of critical cost development. The ongoing cost setting uncovers some fair trading open doors across different instruments. We want to go for our plotted projections while exchanging particular cash matches. The main thing is cash the executives . In the event that we can appropriately deal with the position ,any predisposition can be transformed into positive result. Our projection is directed by short and long haul specialized and central examination.
Short
by NationCryptoSignals
Bitcoin on the Rise: Technical Analysis Shows Positive MomentumHey there! So, we're going to talk about Bitcoin prices over the last couple of days. The price of Bitcoin has been jumping up and down quite a bit during this time, with the highest price being 31,000 USD and the lowest being 26500 USD. Now, let's talk about moving averages. to see where the trend is 50-day moving average: 27215 USD 100-day moving average:24690 USD 200-day moving average: 21312 USD Right now, the 50-day moving average is higher than both the 100-day and 200-day moving averages, which means that Bitcoin is trending upwards. Next up, we have a look at the Relative Strength Index (RSI). Right now, the RSI for Bitcoin is at 52.00, which means that the market is pretty neutral - neither really good nor bad. So, based on all this technical analysis, we can say that Bitcoin is currently on an upward trend.
Long
by TheTradersAvenue
18
ETH Price Analysis: Bullish Momentum on the Risehello traders Over the last 7 days, the price of ETH has been fluctuating between 1916 to $2141. The overall trend of the cryptocurrency was bullish as the price kept moving upward, but there were moments when ETH experienced dips. Looking at The Moving Averages: The moving averages help to smooth out the price action of ETH on the chart. Over a couple of days, the market remained supported above the moving averages, and the price has not gone below it. This indicates strong bullish sentiment in the market. also, the 200-day moving average has caught up with the price action of ETH, indicating that the short-term trend is upward. higher highs ETH formed a couple of higher highs and higher lows which line up with trend line support indicating the market will likely continue upside Based on the technical analysis, the overall sentiment of the cryptocurrency is bullish. The moving averages are acting as support, we have higher highs, and trend line support. Given the current technical analysis, it would be a buyer of ETH for short-term gains. However, It is also advisable to keep an eye on the RSI indicator to monitor any changes in market sentiment.
by TheTradersAvenue
23