MULTI/USDT BINANCE:MULTIUSDT
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 0.5% on deposit
- R/R 1/2
P.S ( This is not an investment recommendation, this is my personal opinion .
Cryptolevels
Title: SUI/USDT: Bearish Signals Emerge - Ending Diagonal PatterTitle: SUI/USDT: Bearish Signals Emerge - Ending Diagonal Pattern and MACD Divergence
Overview:
SUI/USDT is currently displaying clear bearish signals, suggesting a potential reversal in the near term. Two key factors contribute to this bearish outlook - the formation of an ending diagonal pattern and the emergence of a bearish divergence on the MACD indicator.
Technical Analysis:
Ending Diagonal Pattern:
SUI/USDT is exhibiting the characteristics of an ending diagonal pattern, a reversal pattern typically signaling the end of an uptrend.
The converging trendlines of the diagonal suggest diminishing buying interest, with a higher likelihood of a bearish reversal.
MACD Bearish Divergence:
The MACD indicator is showing a bearish divergence, where the price is making higher highs, but the MACD is making lower highs.
This divergence implies a weakening bullish momentum, often preceding a potential trend reversal.
Trade Setup:
Cautious Approach: Given the bearish signals, a cautious stance is recommended for traders.
Short Entry: Consider shorting SUI/USDT on a confirmed breakdown from the ending diagonal pattern or a breach of a key support level.
Stop-Loss: Place a stop-loss above the recent swing high or a level that aligns with your risk tolerance.
Take Profit: Identify potential support zones or Fibonacci retracement levels as profit-taking targets.
Risk Management:
Always employ proper risk management strategies, ensuring that potential losses are controlled and do not exceed predetermined levels.
Stay informed about upcoming events or announcements that may impact SUI/USDT.
Cautionary Notes:
Keep a close eye on the price action and be prepared to adapt your strategy based on real-time market developments.
Be aware of potential false signals and monitor confirmatory factors alongside the technical analysis.
Conclusion:
The combination of the ending diagonal pattern and the MACD bearish divergence on SUI/USDT suggests a potential shift in market sentiment. Exercise caution and wait for confirmation before considering any trading positions. Always conduct thorough analysis and maintain a disciplined approach to risk management.
BTC ON WAY TO 43K AFTER WICK BELOW 40KSince BTC is 45K we did add the possibility that BTC can show a decrease to the 40K zone and below depending on this update.
This is not a day update, since day updates can change with the small time frame.
We see that the least volume is not a confirmed volume for the breakdown trend which means that the bulls can get more power to increase the trend back then the BTC will break down further.
We expect that BTC can reenter back to the 43K in the coming time.
There is an important level at 43.3
When there is a real interest in crashing BTC, the whales will do it depending on time frames, we don't see this interest at this moment.
There is no guarantee in the market, follow always the trend since the trend can change.
( update not trading advice)
MATIC-USDT / 1H / TECHNICAL ANALYSIS BINANCE:MATICUSDT Resistance at 0.8080, support at 0.7389. My target for wave analysis is 0.7983.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
$BTC prediction for upcoming 2 months
In the coming two months , the goal is to frame the narrative as a "sell the news" event, where we're all experiencing disappointment and going through a challenging period. The next two months will feature a choppy market, with pumps and dumps. Sometime in the next month, we might see prices drop to the 35k range, or even lower to 30k. But time will tell :)
- It's important to note that every significant dip in the next two months is an opportunity to buy.
XRP 24H Upside Potential☀️; Bearish Trading Trend in 1 Week? ☁️Bearish clouds and rain linger over the global crypto market in the next 24 hours, indicating downside risks. Particularly Ethereum will come under pressure, ATTMO shows.
Ripple’s XRP, Cardano and Dogecoin, however, have upside potential over this time horizon.
Over a one-week horizon, the bearish trading trend will extend to all crypto coins covered by ATTMO, with the exception of Dogecoin which is likely to have additional upside potential.
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BTC - Bearish Week Ahead? ☁️ ☁️ ☁️ Cryptocurrencies extended their losses over the past 24 hours, with the price of Bitcoin falling below 40,000 US dollars. This level has not been hit since early December.
The price of Bitcoin recouped some of the overnight losses and was down 2.4 percent at 40,070 US dollars at 7:30 CET.
ATTMO shows bearish cloudy and rainy trading conditions linger over the global crypto market in the next 24 hours and week, with both Bitcoin and Ether likely to face further downside pressure.
Binance Coin, Dogecoin and Chainlink should escape and see some bullish sun shining over them over the next 24 hours. Over a one-week horizon, Litecoin, Dogecoin and Chainlink should all have upside potential.
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Tia/Usdt Is On Big Support TIA/USDT is currently testing a significant support zone, which presents a potential opportunity for price appreciation. I anticipate a rise of approximately 30-60% from this level, though it's crucial to conduct your own thorough research before making any investment decisions. Please note that this statement does not constitute financial advice.
BTC 24-Hr Outlook ☀️ - Bullish Scenario, Bearish ☁️ & 🌧️ in 3DMixed trading conditions lie ahead for the global crypto market in the next 24 hours with a bullish sun shining over Bitcoin, Binance Coin and Chainlink. Other altcoins will face bearish trading conditions.
Over a one-week horizon, these bearish and cloudy trading conditions will spill over to Bitcoin which is likely to face downside risk, just as Ether, Ripple’s XRP and Cardano.
“If you start to feel uncertain about the markets right now, after a correction of 20%, then that should be your confirmation to get in the markets,” the founder of MN Trading, Michaël van de Poppe said.
The price of Bitcoin dropped 1.3 percent over the past 24 hours to 41,150 US dollars.
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ETH Faces Downside Risks; 24H, 3D & 7D Horizons Look ☁️ The latest upgrade of the Ethereum blockchain, Dencun, went live on Wednesday. It did, however, face some technical glitches which were eventually fixed.
The price of Ether dropped 0.3 percent over the past 24 hours to 2,450 dollars.
Mixed trading conditions lie ahead for the global crypto market in the next 24 hours. Bearish clouds linger over altcoins such as Ether, Cardano and Avalanche, as forecasted by ATTMO.
Over a one-week horizon, these cloudy skies will also prevail over Bitcoin and XRP, signaling downside risks. This bearish trading trend will extend over Ether, Litecoin, Cardano and Avalanche.
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