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CSPRUSDT

CSPRUSDT Hit the 1D MA200 for the first time since April 01!*** *** For this particular analysis on Casper we are using the CSPRUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where CSPR hit today its 1D MA200 (orange trend-line) for the first time since April 01 2022. That hit resulted in a massive rejection for the token back towards the 1D MA50 (blue trend-line) and even lower on a 2 month horizon. As a result this is a critical point for buyers. A 1D candle close above the 1D MA200 can potentially reverse the long-term bearish trend and immediately target the next Fibonacci retracement levels: 0.382 and 0.5 until it tests the 1W MA50 (red trend-line). Failure to close above the 1D MA200 can result in a pull-back towards the 1D MA50 (as in April), which is near the bottom of the medium-term Channel Up pattern anyway. Notice at this point the RSI formation on the 1D time-frame. In contrast to the previous two breaks above the 70.000 RSI mark which formed Lower Highs and rejected the uptrend, the current one is about to close on Higher Highs. That could be an early indication of an upcoming bullish break-out. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, 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 me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly on the DOWN SIDE. The main reason for that is the NEGATIVE RISK SENTIMENT for EUR. And we can mention the BOE intervention. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way. - EURGBP can definitely go up to the SUPPORT LEVEL below. EUR may be slightly WEAK due to USD STRONG at the moment. According to that, EURGBP can rise slightly up to 0.8900 LEVEL. And after that EURGBP can be SELL to 0.8352 LEVEL.
by benny_marshall
1
CSPR died in January 2021, like RchainHyperinflation during bear market - same marketcap as we had in 20c in August 2021 The team has bad image - team scolding people in Telegram (already deleted), I have screenshot in case people say I am lying Not listed on any major exchange since listing - hyped up Binance, never came Still no use case Slow chain, slow finality - eth2 coming so completely useless Same team as RChain was also Casper fork - utterly failed There is heavy selling pressure from validator - in entire bull market it did 10% up maybe then full retrace. I saw it going up by 10-30% many times during autumn 2021, all to retrace. Casperpad was also a scam - but good enough for final double top
Short
by Heartskull
3
CASPER £40 ($50) 2-8 YEARS - Casper Network..... What is it? Casper is the first live proof-of-stake, blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale. - Casper's Marker Cap: £151,461,181 (01.06.2022) - Casper price today: £0.029 - £40 DIVIDED BY £0.029 = 1,379 - Lets just say Casper does a 450X from its all time low.... £151,461,181 X 450 = £68,157,531,450 (£13 per Casper Token) - NOT FINANCIAL ADVICE - DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOUR WILLING TO LOSE! (DCA)
Long
by ALTCOIN_BEAST
7
PREPARE FOR CARNAGE Using the fib the same way we would do to project potential targets to the up side when no data is there to be read , we can also project targets to the downside. With this we will still look for the HTF BMS to occur before validating the position. ICO price for cspr was 0.03c anyone who has bought cspr since listed on exchanges is underwater , will they drive price below ICO? . Time will tell biut again we have to prepare some bids. Using the retracement levels for a potential reversal followed by a structure shift to the upside we can start to build into the trade. 0.0318-0.0181 is where well look for such event to occur and will be our first entry i dont want to DCA into this.
by Marketperceptions00