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TONUSDT Possible beginning of a trend reversalTONUSDT saw a significant drop following Durov's arrest, falling below the May low. However, the price has since formed a false breakout below this key monthly low. After dipping under the psychological level of 5.00, the market appears to be forming an accumulation zone. It has retraced 50% of the range established between June 2023 and July 2024, with an overall correction of about 45%. There is still a chance the price could dip further, reaching a 50% correction. However, with a strong support level in place and noticeable divergence, there is potential for a gradual upward move, signalling a possible reversal and buying opportunity. The target is the resistance zone at 6.00
Long
by RTED_Investing
SasanSeifi 💁‍♂ Can It Reach New Highs? Hey everyone, I'd love to share some insights on the AXS chart! As you can see in the chart, the price of KUCOIN:AXSUSDT after a significant demand in the $4 range, broke the long-term downtrend line and experienced remarkable growth, reaching the $11 range. Now, after the correction and completion of the pullback process from the $7 range, we are witnessing positive fluctuations in the price again. In the long term, it is expected that the price will continue to grow to the $11 target and the $14 liquidity range, and we will see a new price ceiling. To better understand the continuation of the movement trend, we should pay attention to the price reaction in the $11 and $14 ranges. If the price breaks above $14, there is a possibility that the uptrend will continue to higher levels. Additionally, if the price breaks below the $7 range and stabilizes, there is a possibility of further correction. The probable trend is shown in the above image. Please share your thoughts and insights in the comments below! I'd love to hear your take on the AXS chart.🙌🧐 This is not financial advice. Always do your research before making any investment decisions.✌
Long
by SasanSeifi
2
DOGE SIGNSL BUY/SHORT PRO SIGNALHello, dear traders, In Dogecoin, we can engage in both short and long trades. The red base, indicated by a price of approximately 0.0775, can be a suitable entry point for a short trade. Similarly, the green base, representing a price range of 0.0740, is considered appropriate for entering a long trade. The placement of the stop-loss should be based on your trading style and can be positioned behind the pivots. As for the take-profit, it should be determined according to the specified pattern. Please make sure to pay attention to the conditional statement on the chart. Wherever you are, I wish you happiness, good health, and profitable trading.
by jawad369
Idusdt | Will Fly Soon | Dip is For Buying Idusdt Falling Wedge Breakout Confirmed In Hourly Timefarme retest is in progress also look like forming doubke buttom pattern . Incase of Succesful Retest Expecting Massive Bullish Move. This will give a bullish move again, its a matter of time the month of April is like Eid for some Coins and Id is getting ready for eid Remember: We only give ldea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can happen anytime. Always trade with your own research and knowledge. If You Are Satisfied With Our Work Then Join. Allah knows best, indeed
Long
by Crypto-By-Ghazi
3
CTK Brake it or Make it momentCTKUSDT technical analysis update. CTK currently sitting at its support zone , waiting to bounce back. This is the crucial moment for CTK, the break it or make it moment. IMO, CTK will possible to bounce back from the current support zone, this is a good time to buy some spot and expect it to grow to $3-$5. Still, we need to observe the situation carefully, as it might break this support level and trigger a panic sell (which is not impossible). For spot, Buy zone: $0.71 - $0.81 ; cut loss below $0.67 For swing traders, Long now with small volume Stop loss: $0.69 TP 1: $0.943 TP 2: $1.074
Long
by TaylorNgo
BTC ALL TIME HISTORY INDEX BREAKOUT DOWN TREND!?Hi Crypto Nerds, This is what i have been waiting for! The breakout of the downtrend on the BTC ALL TIME HISTORY INDEX. If you change this to the 4h timeframe you can see a clear representation of the breakout but i wanted to share with you the 1D chart to capture the entire downtrend technical analysis. Just to confirm this breakout even more i would love to see this 1D candle close above the downtrend line. Not saying that we aren't in the bull season yet, i believe we still have some downside to go but i see levels of 28 - 29.5k mark before retracing back lower. Peace out nerds, Activeaus
INDEX:BTCUSDLong
by activeaus
3
Bitcoin, Ethereum Technical Analysis: Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines During Saturday’s Session ; This week’s sell-off in cryptocurrency markets worsened on Saturday, with bitcoin falling below $21,000 for the first time in nearly a month. Ethereum also continued its descent in today’s session, as the price of the token dropped under the $1,700 level to start the weekend. Bitcoin Update !! Bitcoin (BTC) continued to reside in the red to start the weekend, as prices of the world’s largest cryptocurrency fell below $22,000. Saturday saw BTC/USD fall to an intraday low of $20,868.85, with the token edging closer to a key support level. This floor has been at the $20,800 point, which was the last hit on July 16, when prices were trading below $20,500. As a result of these declines, the 14-day relative strength index (RSI) dropped to a low of 32.97, which is its lowest point since July 12. Bitcoin prices have since rebounded, and as of writing are back above $21,000. BTC is currently trading at $21,191.27. Taking a closer look at the chart, it can be seen that the 10-day (red) moving average (MA), is nearing a downward cross with the 25-day (blue) MA. Should this trend continue, this could signal further declines, with BTC likely falling below $20,000. Ethereum Update !! After a strong start to the week, Ethereum (ETH) has begun the weekend trading over $400 away from Monday’s peak above $2,000. ETH/USD, which dropped to a bottom of $1,695.15 on Friday, fell even lower in today’s session, hitting a low of $1,611.34. This is the lowest level Ethereum has traded at in the last sixteen days, after falling below the $1,600 level on August 4. Honing in on the chart, it appears as if ETH bears are attempting to take prices towards a support point of $1,565. However, bulls have so far resisted this possibility, pushing back from earlier lows, with the token currently trading at $1,636.11. The rebound came as the RSI hit a floor of 43.00, and as of writing, RSI is tracking at 44.90. Should this head back towards 50, we may see the token rise back above $1,700. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
12
KEY LEVEL FOR BTC Hello friends As you can see, in the daily time frame, we have hit the resistance line of the descending channel, and the bulls and bears have been fighting in this area for three days. The future of the market depends on how Bitcoin reacts to this line. I saw that in some analysis it is mentioned that USDT.D has come below the 100 day resistance in the weekly time frame and if it stabilizes there today, we will see Bitcoin rise. But I still do not see this as a convincing reason. I would rather see the bitcoin candles in the next two days and then make a decision. be profitable
by Duximo