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TradeCityPro | DOT: Navigating the Range and Potential Breakouts👋 Welcome to TradeCity Pro! In this analysis, I will review the DOT token. This project is one of the well-known crypto projects and has consistently ranked among the top 20 on CoinMarketCap. 📅 Daily Timeframe: Rejected from the Range Top In the daily timeframe, we observe a prolonged range box, which is more visible in the weekly timeframe. This range extends from the bottom at $3.743 to the top at $10.801. 🔍 Currently, after the price reached the top of the range, it has entered a corrective phase and retraced to the 0.5 Fibonacci level, establishing support at $6.554. If further corrections occur, the next supports will be at the 0.618 Fibonacci level and $4.847. In the event of a more significant drop, the last support will be at $3.743. 📊 Market volume has been decreasing during this corrective phase, and therefore, I won't provide a short trigger for now. I'll wait for market indicators like TOTAL to confirm a trend reversal. 📈 For long positions, the best trigger is currently the $10.801 level, which is the top of the range. A riskier long trigger would be breaking $8.432. The first resistance the price will encounter after breaking these levels is at $16.116. Breaking 55.29 on RSI will also help add momentum to the market's upward movement. ⏳ 4-Hour Timeframe: More Details In this timeframe, we can observe the corrective phase with greater detail to find better triggers for futures positions. 🧩 Here, a descending trendline can be seen, which broke after the price was supported at $6.554. 🔑 The trendline breakout trigger is at $7.865. Since this is a continuation trend, breaking the trendline trigger is considered significant. The target for this position is the $10.801 resistance, and the RSI entering the overbought zone will greatly aid the price movement toward this level. 🔽 If the $6.554 support is broken, the next support levels will be at $5.506 and $4.763. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
9
BITCOIN New year, same thing..Bitcoin (BTCUSD) has just reclaimed the 1D MA50 (blue trend-line) over the weekend and is so far successfully holding it below the price action, making it a Support. The exact same price action took place in January last year (2024). In fact, as these 1D charts very vividly illustrate, the whole sequence from the September 06 2024 Low to today, is very similar to the sequence from the September 11 2023 Low to (so far) January 2024. This incredible degree of symmetry is also extending to their 1D RSI and MACD fractals. The first formed Bearish Divergences under Lower Highs trend-lines, which when broken confirm the new rally, while the latter (MACD) was the early buy signal when it formed a Bullish Cross below the 0.00 mark. If BTC continues to copy the January 2024 fractal, then we should be expecting a few more days of sideways price action, that will pave the way for the new (2nd) Rally Phase of the whole pattern. The 2nd rally peaked on the 1.618 Fibonacci extension from the September 11 2023 Low, so if the pattern replication continues, we may see a peak above $150k. So do you think the early 2024 bullish break-out will be repeated? And if yes, are you expecting a peak as high as $150000? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
11
Ripple Is Still Eyeing All-Time HighsRipple is in strong and impulsive rise after we spotted a bullish break out of a larger weekly bullish triangle pattern. It's actually already at 2.9 area and there can be easily space up to 3.3 all-time highs area. Looking at the 4-hour time frame, we saw a nice extension higher within wave (3), so after current wave (4) correction that can be completed as a nice and clean A-B-C flag pattern with textbook support from 2021 highs, be aware of another push to the upside for (5). Just in case if Ripple stay sideways for a longer period of time, then we might even consider a bullish triangle pattern in wave (4), but sooner or later we can expect further rally within wave (5) towards all-time highs area. Why XRP Is higher? The reason for this push higher on ripple, which has been outperforming in the last few weeks, is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. "Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions".
BITSTAMP:XRPUSDLong
by ew-forecast
1
Big test for BTCMorning folks, So, we're almost there - 100.5K area that we've discussed last time. BTC is almost completed the predefined XOP extension. Why this level is so important. Because it determines the results of H&S daily pattern - whether it will work or fail: Correspondingly, it tells where BTC will go - either back to the 108K top (or even higher) or starts deeper retracement to ~82-87K area. Besides, it is important to us because we have to make a decision on short position taking. Here we also could use 1H potential H&S pattern, with 99K area of the right arm and potential level for decision making. This is just to not risk too much. So, watching for completion of XOP, then 1H H&S - if everything goes as it should, thinking about short entry. If not - then start watching North.
COINBASE:BTCUSD
by Sive-Morten
1
Professional Technical Analysis for Bitcoin + trade planTechnical Analysis for Bitcoin (BTC/USDT) Resistance Level: The red trendline indicates a strong resistance around $100,000 to $100,500. Bitcoin has tested this resistance and is showing signs of a possible reversal. Support Levels: Immediate support is around $98,000 (green horizontal line). Stronger support is in the orange zone between $96,000 and $97,000. Volume Analysis: Volume spikes are visible during resistance testing, suggesting selling pressure near $100,000. Indicators: VMC Cipher B Divergences: Showing bearish momentum divergence at the peak, indicating potential downward pressure. RSI (Relative Strength Index): Around 67, nearing overbought territory but not yet overextended. Money Flow Index (MFI): Indicates mild outflows, confirming weakening buying pressure. Stochastic RSI: Overbought levels, crossing downwards, further supporting a short-term pullback. Price Action: The price has been forming higher highs and higher lows, but the rejection from resistance hints at a temporary retracement. The projection shows a potential dip into the support zone ($96,000–$97,000) before resuming an uptrend. Trading Plan Short-Term Trading Plan: Entry Point: Wait for Bitcoin to retrace into the orange support zone ($96,000–$97,000). Place a buy limit order within this zone to capitalize on the anticipated bounce. Stop-Loss: Set a stop-loss slightly below $95,500 to mitigate risk in case the price breaks key support. Take-Profit Targets: First Target: $100,000 (resistance retest). Second Target: $103,000 (continuation breakout above resistance). Risk-Reward Ratio: Maintain a minimum risk-to-reward ratio of 1:3 for this trade. Medium-Term Trading Plan: Scenario 1: Bullish Breakout If Bitcoin breaks above $100,500 with high volume, enter a momentum trade targeting $103,000–$105,000. Use trailing stop-loss to secure profits in case of reversal. Scenario 2: Bearish Breakdown If Bitcoin closes below $96,000 with increasing volume, consider a short position targeting $93,000 as the next major support. Key Trading Notes: Monitor market sentiment and news, as fundamental factors can influence Bitcoin’s direction. Watch for divergences in the indicators (e.g., RSI, VMC Cipher) for early signs of trend reversals. Adjust position sizing based on risk tolerance and volatility in the crypto market.
Long
by elfabiiani
TradeCityPro | FLOWUSDT New Weekly Move?👋 Welcome to TradeCityPro Channel! Let’s analyze the weekly crypto watchlist together during the final hours of the market holiday. 🌐 Overview Bitcoin Before diving into today’s altcoin analysis, let’s take a quick look at Bitcoin. In the 1-hour timeframe, Bitcoin has broken its trendline but remains below the key resistance level of 98606, which it has been rejected from twice, highlighting its significance. At the start of the new week, I anticipate a potential upward move, likely during the U.S. session. If Bitcoin breaks 98606, a long position can be opened. If Bitcoin dominance is breaking 57.08 simultaneously, long positions on Bitcoin itself are preferable. Otherwise, if dominance faces rejection or forms red candles, a quick switch to altcoins is recommended. 📊 Weekly Timeframe In the weekly timeframe, this altcoin, like most of the crypto market, is still in its range box, continuing its oscillation within this boundary. After breaking 0.674, FLOW attempted to reach the range’s upper boundary but faced rejection. Even RSI was rejected at 70, preventing FLOW from reaching the resistance at 1.460. On the positive side, during this pullback, the volume of red candles decreased, and FLOW is now at a previous resistance-turned-support level, suggesting the potential for a rebound. Keep in mind that the main support level is 0.463. If it breaks, exiting this coin would be wise. A re-entry can be considered upon a breakout above 1.460 with momentum confirmation. 📈 Daily Timeframe In the daily timeframe, after a fake breakdown below the key support level of 0.509, FLOW bounced back strongly, initiating a move toward the resistance at 1.169. If we use Fibonacci levels (ignoring fakeouts), the 0.7 level emerges as a key support. It acts as a previous resistance-turned-support and aligns with the significant 0.618 Fibonacci retracement level. The 0.7 level has been tested twice, with the price bouncing each time. If FLOW breaks 0.809, it could start a move toward 0.969 and eventually 1.169. For spot buying, wait for a breakout above 0.809, with: Risky Stop-Loss: 0.7 Conservative Stop-Loss: 0.509 For futures trading, consider a position after a breakout above 0.809. The resistance level at 0.809 is crucial, offering a solid opportunity for both spot and futures trades. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
6
HIVE ANALYSIS (UPDATE)📊 #HIVE Analysis : Update ✅As we said earlier, #HIVE performed same. Around 96% move done in #HIVE. There was a formation of Falling Wedge Pattern on daily chart with a breakout🧐 Current we can see a little retest and then we could target for resistance 2 👀Current Price:  $0.5932 🚀 Target Price:    $0.7130 ⚡️What to do ? 👀Keep an eye on #HIVE price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #HIVE  #Cryptocurrency  #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
What’s Your Bullish Price Target for ETH? Ethereum has been trailing behind some of the alts in the top 100 and even BTC when it comes to parabolic runs. However, I’ve been analyzing the charts, and things are starting to look VERY interesting. Here’s my take: - On the **3-day chart**, I see a strong **resistance level around $3,830**. - Using a **Fibonacci extension**, the **1.6 level targets just over $5,000**—a number that feels astronomical but achievable in a bullish scenario. 📈 - The **daily MACD** is screaming **LONG**, indicating potential upward momentum. ### **Positive ETH Data to Back It Up** Ethereum's fundamentals are stronger than ever: 1. **Total Value Locked (TVL):** Ethereum continues to dominate DeFi, holding **58%+ of all DeFi TVL** at ~$24B. 2. **24H Trading Volume:** Ethereum sees an average of **$6-8B traded daily**, showing its massive liquidity and adoption. 3. **Burn Mechanism:** Since the London Hard Fork (EIP-1559), over **3.9M ETH (~$6.3B)** has been burned, contributing to its deflationary narrative. 4. **Staked ETH:** With **32M ETH staked**, nearly **26% of the supply** is locked up, reducing selling pressure. ### **What's Driving the Bullish Sentiment?** Recent activity in the **layer-2 ecosystems** is fueling optimism: - **Optimism (OP)** and **Arbitrum (ARB):** Both L2s have seen substantial adoption, with millions of dollars in daily transactions and climbing TVL. - **Lido Finance (LDO):** The largest liquid staking protocol continues to thrive, with **~30% of all staked ETH** on its platform. These projects are growing **on Ethereum**, reinforcing the network’s pivotal role in the crypto ecosystem. --- What’s your price target for ETH in a bull run? Do you see $5,000 as achievable, or do you have even higher targets in mind? Let's discuss!
COINBASE:ETHUSDLong
by Maximus20000
TradeCityPro | ZIL: Charting the Peaks and Troughs of Zilliqa👋 Welcome to TradeCityPro! In this analysis, I will examine the ZIL coin, which is part of the Zilliqa project. This analysis will cover both the daily and 4-hour timeframes. 📅 Daily Timeframe: Ready for the Next Wave In this timeframe, we are observing a very large range box that is more noticeable in higher timeframes, but as you can see, the ceiling of this box is at $0.03592 and the floor is at $0.01235. 🔍 In the floor area of this box, we witnessed an Accumulation Zone. After breaking $0.01797, a new upward trend phase began, and the price moved up to the ceiling at $0.03592 and is currently in a corrective phase. 🧩 So far, the price has corrected to the 0.618 Fibonacci level, reaching $0.02010, and has tested this area twice, appearing to be forming a bottom there. A short-term resistance formed above this area coincides with the 0.382 Fibonacci level at $0.02475. 🔽 If the correction continues, the next supports are $0.01797 and the 0.786 Fibonacci area, which are significant levels. The ultimate support price is $0.01235, which was the previous price floor. Breaking this area could trigger a new downward wave, potentially moving the price towards $0.00893. 📈 Conversely, if the price can stabilize above the 0.382 and 0.236 Fibonacci levels, there's a chance it could retest the resistance at $0.03592. This resistance is more like a supply zone from $0.03592 to $0.04064, and the price needs to stabilize above $0.04064 to confirm breaking this area. If this resistance is broken, the next resistance will be at $0.05728. 📊 The market volume has been decreasing during the correction, aligning volume with the bullish trend. Stabilizing the RSI above 50 also increases the probability of a bullish scenario. ⏳ 4-Hour Timeframe: Range Box and Futures Triggers In this timeframe, we see a range box from $0.02010 to $0.02343, with the price currently at the box's ceiling. The box ceiling and the 0.382 Fibonacci level are close to each other and could form a strong consolidated area together. 🔼 For a long position, breaking $0.2343 is suitable, but be mindful of the 0.382 Fibonacci level so you can make the right decision when the price reaches this area. The next resistance levels will be at $0.02896 and $0.03592. Entry of the RSI into Overbuy would be a good confirmation for breaking the resistance at $0.2343. 📉 For a short position, the best current trigger is $0.02010. Breaking this area would breach a strong Potential Reversal Zone (PRZ), and the price could initially move down to $0.01797 and then to $0.01610. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
10
TradeCityPro | ETCUSDT Still Ranging in the Box!👋 Welcome to TradeCityPro Channel! Let’s analyze Ethereum Classic during the market's holiday period, where we saw some movement. We’ll review the triggers together. 🌐 Overview Bitcoin Before diving into today’s altcoin analysis, as usual, let’s check Bitcoin in the 1-hour timeframe. Bitcoin is still under a descending trendline. Once this is broken, it can move toward 98599, and after that, to 99443. It’s better to open or maintain positions after breaking 99443, as volatility is expected to increase at higher levels. Whether I open a long position after breaking the trendline or resistance at 98599 depends on Bitcoin dominance. If Bitcoin dominance shows a red candle at the time of the breakout, I’ll focus on altcoins or BTC pairs. If it’s green, I’ll prefer Bitcoin itself. This could lead to another wave movement. 📊 Weekly Timeframe It feels like we’re analyzing forex charts—completely ranging! This is normal given Ethereum Classic’s mining-related dynamics and the heavy movements associated with it. For around 1100 days, this coin has been ranging within a large 130% box. Without a proper trigger, investing in this range might have tied up your capital, especially when other projects provided much higher returns over the same period. This highlights the risk of entering the market without a trigger. If you’re holding ETC and want to set a stop-loss, you can exit if a weekly candle closes below 14.68. For re-entry, the box top trigger at 36.58 is an excellent option. Since ETC is rebounding from the box’s midline, the likelihood of breaking the top is higher. The 24.78 support level can serve as a suitable stop-loss for box breakout attempts. 📈 Daily Timeframe ETC has been performing well since breaking the daily box top at 20.92. It moved from the box’s bottom to its top, emphasizing the 38.24 resistance even further. The $25 level currently serves as the most crucial support, coinciding with the weekly box’s midline. Staying above $25 indicates a higher low and a rebound from the channel’s midline, reflecting stronger buyer activity. This could lead to testing 38.24 again and possibly breaking it. If you bought after the 20.92 breakout, your stop-loss should be below 17.55, with some profits already secured. If you haven’t acted yet and if resistance at 28.49—better yet, 30.20—causes a rejection and forms a lower high, consider exiting below $25 and look for new triggers later. For re-entry, breaking 28.49 is a potential entry point, but your main entry should be after breaking 38.24, with momentum and increased volume supporting it. ⏱ 4-Hour Timeframe ETC belongs to the group of coins that didn’t break their 4-hour resistance and box top yesterday, possibly setting up futures positions next week. 📈 Long Position Trigger The rejection from 28.49 clearly defines the trigger. Open a long position after breaking this resistance or after the RSI breaks 72.58. 📉 Short Position Trigger The main trigger at 24.92 is quite distant. However, if the 28.49 resistance turns out to be a fake breakout, you can use the fake breakout strategy. Look for the first trigger in lower timeframes to open a short position. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
9
IOTA ANALYSIS🌸#IOTA Analysis : Bullish Trend 🚀🚀 🚀As we can see that there is a formation of Flag & Pole Pattern in #IOTA in 8 hr time frame. Right now #IOTA is trading above it's crucial support zone and we can see a bounce back from its support zone 💪 🔖 Current Price: $0.3569 ⏳ Target Price:   $0.4330 ⁉️ What to do? - We can trade according to the #IOTA chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #IOTA #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
Long
by ZEUS_Market_Alerts
TradeCityPro | OM: Upward Momentum and Airdrop Anticipation👋 Welcome to TradeCityPro! In this analysis, I will examine the OM coin, which is associated with the MANTRA network. This coin is about to start its airdrop rounds in a few days. 📅 Daily Timeframe: High Upward Momentum and Readiness for the Next Leg In the daily timeframe, we are observing a very strong and powerful upward trend. Over the past year, this coin has grown more than 5000% and has garnered significant attention from the crypto community and enthusiasts. 🔍 Currently, a curved upward trend line has emerged in the latest cycle, starting after the price bottomed out at $0.6352 and corrected to $1.6071 before starting a new upward move reaching $4.2374. ✨ The price has touched this upward trend line several times and now, having reached the resistance at $4.2374, has formed a ranging box between this resistance and $3.4144, potentially undergoing reaccumulation. Breaking above $4.2374 could significantly impact the further price increase of this coin. 🚀 If the ceiling breaks, the next price targets based on Fibonacci would be around $10 and $20, technically feasible as the price has not corrected significantly and has maintained market momentum. However, reaching a $20 target would require OM to enter the top 10 market cap, surpassing cryptocurrencies like AVAX, SUI, and TON, which is a challenging task. 🧩 The RSI oscillator is ranging between 40.35 to 59.93, and breaking either of these areas will significantly impact the market trend. A break below 40.35 could increase the likelihood of a correction down to the $2 area, around the 0.5 and 0.618 Fibonacci levels. Breaking above 59.93 would increase the likelihood of surpassing $4.2374. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, we see a long-term 47-day box, which is very clean and has well-defined ceilings and floors between $3.4144 and $4.3140. Breaking either of these areas would provide a good position. 📉 For a short position, breaking $3.1440 is suitable with the next supports at $2.5442 and $2.2264, near the 0.5 and 0.618 Fibonacci levels of the daily timeframe. 📈 For a long position, breaking $4.3140 is the only long trigger for now, and no target can be set for this movement until a new structure is formed. 🔑 The market volume is nearing its lowest point, increasing the likelihood of breaking one of these areas each day. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
10
Usual/UsdtBINANCE:USUALUSDT Right now, the price of the asset is at **0.9789** 📊. This is a crucial level because if the price starts to fall and can’t maintain its position above **0.900** 🚨, this would signal a potential downturn. **0.900** is considered the "last hope" support level for this price action—if the price drops below that, things could get tricky. If the price falls below **0.900**, the next level of support to watch for is **0.8308** 📉. Support is where the price tends to find buying interest, so if it reaches this point, there might be a chance for it to bounce back up. However, if it breaks through this, further downward movement could be expected. On the flip side, if the price holds and continues to rise, it will face resistance levels that could prevent it from moving higher. These resistance levels are key price points where sellers might step in to take profits, or where the price could struggle to break through. In this case, the resistance levels are: - **1.00** 🔴: This is a round number, which tends to be a psychological resistance point. - **1.1544** 🔴: A higher level, possibly linked to previous market highs. - **1.253** 🔴: Another key resistance, which could be a tough barrier for the price to pass. - **1.432** 🔴: The highest resistance level to watch; if it breaks through here, it could signal a strong bullish movement. To recap, **0.900** is your “last hope” support, and **0.8308** is your next major support level if the price falls. On the upside, watch the resistance levels at **1.00**, **1.1544**, **1.253**, and **1.432**. And remember, all of this is purely based on technical analysis, and **this is not financial advice** ⚠️💸. Always make sure to do your own research before making any financial decisions! 🧠💡
Long
by Wolftrader1337
SEI/USDT Wave 3 Breakout – Targeting $2.154!SEI has likely bottomed out after consolidating near its key support zone and is now displaying strong bullish momentum, signaling the start of Wave 3. 🔑 Key Insights: 📊 Daily Bullish Divergence: Momentum indicators reveal a bullish divergence on the daily timeframe, supporting a potential trend reversal and breakout to the upside. 📈 Daily MA200 at $0.40: The $0.40 level, aligning with the daily MA200, has acted as a strong confluence zone and a critical support level for SEI. 🔄 Accumulation Phase: SEI has been consolidating near this area, and the recent breakout signals the end of this phase. 🎯 Wave 3 Target: Minimum Target: 🎯 2.14 Wave 3, typically the most extended and impulsive move in Elliott Wave Theory, aligns with the 2.618 Fibonacci extension, reinforcing the bullish outlook. 🛠 Support Levels: 📌 Key Support Zone: $0.40 In case of a pullback, this level will be critical for a potential retest and further accumulation. 📊 Conclusion: SEI’s bullish divergence, strong confluence at $0.40, and breakout suggest a promising upward trend. With Wave 3 targeting $2.154, traders should monitor for sustained volume and positive market sentiment to confirm this momentum. Disclaimer: ⚠️ This analysis is for educational purposes only and not financial advice. Always conduct your own research and trade responsibly.
Long
by RhinoAkaBear
1
ETHUSD: MA Bullish Cross triggering rally to 4,300Ethereum is marginally neutral on its 1D technical outlook (RSI = 55.733, MACD = -18.850, ADX = 38.044), which along with today's rise, indicates the high upside potential of this move. The 1D MA100 has crossed over the MA200, forming a rare Bullish Cross that we last saw on December 12th 2023 and March 3rd 2023. That was a technical buy signal that targeted on a minimum the 4.0 Fibonacci extension. That is our target (TP = 4,300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:ETHUSDLong
by InvestingScope
Ice/UsdtOKX:ICEUSDT **Ice Coin Overview** - **Market Cap**: $39.5M 📊 This represents the total market value of all Ice Coin in circulation. It’s a key indicator of the asset's size in the crypto market. - **24h Volume**: $10M 💵 This is the total trading volume in the last 24 hours. A higher volume usually indicates increased interest and activity in the coin, which could lead to price changes. - **Fully Diluted Valuation (FDV)**: $126.32M 💎 FDV represents the total value of the coin if all tokens were in circulation. It gives a sense of the potential market value based on the total supply. - **Total Supply**: 2.115B (2.115 billion coins) This is the maximum number of Ice Coin that will ever exist. The current circulating supply may be smaller, but this is the cap for the coin's supply. - **Current Price**: $0.005967 💰 This is the current trading price of the Ice Coin in the market. At this price, the coin is relatively low, and small price changes could have a larger percentage impact. --- ### **Resistance and Support Levels Explained** - **Resistance**: $0.00600 📈 Resistance levels are price points where selling pressure is strong enough to halt the price from going higher. For Ice Coin, **$0.00600** is the immediate resistance level. If the price breaks and holds above this point, it could indicate continued bullish momentum (price moving up). - **Next Resistance Levels**: - **$0.0069534** 🚀 - **$0.00700** 🚀 These are the next levels where price could face resistance after breaking the $0.00600 mark. If the price successfully reaches and holds these levels, it indicates strong upward momentum. Traders will likely be watching these points to see if Ice Coin can break through and continue growing. --- - **Support**: $0.05643 ⚖️ & $0.05500 ⚖️ Support levels are price points where buying pressure is expected to be strong enough to prevent the price from falling lower. If Ice Coin doesn't manage to break through the $0.00600 resistance, it could fall back to these support levels. If the price holds at these points, it may bounce back upward. - **Next Support Levels**: - **$0.00500** ⚖️ - **$0.00400** ⚖️ These are critical support levels where the price could find a strong buying interest if it falls below $0.05643. If the price drops below these support levels, it may indicate a bearish trend, and the price could continue to fall. --- ### **What This Means for Traders** - **Increased Volume**: If trading volume increases, it could signal that more people are interested in buying or selling Ice Coin, which could push the price either upward (bullish) or downward (bearish), depending on how the buying and selling balance out. The volume is a key indicator to watch. - **Breaking Resistance**: If the price breaks the $0.00600 resistance and holds above it, this would be seen as a bullish signal, meaning the price could keep rising. The next target would be $0.0069534 or $0.00700. - **Falling Below Support**: If the price can’t hold the support levels at $0.05643 or $0.05500, the next downside targets are at $0.00500 and $0.00400. This would be seen as a bearish trend, and traders would be cautious about the price dropping sharply. --- **⚠️ Important Note**: This is **not financial advice**. Cryptocurrency is highly volatile, and prices can change quickly. Always do your own research (DYOR) and consider consulting with a financial advisor before making any trading decisions. 🚫 ---
Long
by Wolftrader1337
TradeCityPro | DYDX: Daily Trend Line Reaction & Momentum Shift👋 Welcome to TradeCityPro! In this analysis, I will examine the DYDX coin, which is associated with the DYDX exchange, one of the well-known decentralized exchanges (DEXs) with a focus specifically on futures. 📅 Daily Timeframe: Reaction to the Curved Trend Line In the daily timeframe, after a price drop and recording new lows, we observed a rounding at the bottom of the chart which gradually reduced the bearish momentum and selling volume in the market, followed by an influx of bullish volume and momentum. ✨ After breaking through $1.4362, the price moved upwards more freely, breaking the $1.8702 area and continuing its movement up to $2.5747. However, it could not stabilize in these areas and started correcting, eventually falling back to $1.4362. 📈 The market volume has been decreasing during the bearish phase, gradually diminishing, which indicates the strength of the bullish trend. In my opinion, if we observe a trend change in the shorter timeframes, the next price leg will begin. 🛒 The main price trigger for going long is breaking $2.5747, but an earlier and riskier trigger would be $1.8702. For spot purchases, the trigger at $2.5747 is suitable, but the main trigger will be at $4.3949. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
17