FIDAUSDT
#FIDA Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
FIDA has secured an 86% rally in the last 24 hours and is currently facing resistance between $0.40 and $0.43.
For the bullish rally to continue, FIDA needs to break above this resistance level, which could be challenging given the long wick on the daily chart.
If FIDA shows correction from the current market price, the range between $0.2430 and $0.2690 is likely to be a good accumulation zone.
Key Levels:
- Crucial Resistance: $0.4-$0.43.
- Accumulation Range: $0.2430-$0.2690.
- Lower Support: $0.141.
- Higher Target: $0.72-$1.
DYOR, NFA.
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FIDA / FIDAUSDTWe have two scenarios for the price, the first is that we are in an upward correction wave and then the price falls again. Second, the price is in a fourth corrective wave and still has more to fall, then the price rises again.
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
FIDA / FIDAUSDTlet's see this scenario.
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
FIDAUSDT.1DIn this technical analysis of the FIDA/USDT daily chart, I will examine the underlying market dynamics and provide a comprehensive overview of potential future directions based on the current technical indicators.
Key Observations:
Current Price and Market Behavior:
The FIDA/USDT pair is currently trading at $0.3125, marking a daily decrease of 8.22%, suggesting heightened volatility and bearish pressure in the short term.
Support and Resistance Levels:
R1 (Resistance Level 1): $0.414 - Represents the immediate ceiling that could restrict upward price movements if a reversal begins.
S2 (Support Level 2): $0.284 - Serves as the intermediate support, crucial for preventing further declines.
S3 (Support Level 3): $0.1342 - Acts as a strong historical support level that could be critical if the price continues to drop.
Technical Indicators:
RSI (Relative Strength Index): At 57.63, the RSI indicates neither overbought nor oversold conditions, suggesting a neutral market sentiment.
Trend Lines: The price is currently testing a key upward trend line which could serve as a temporary support, potentially stabilizing the price.
Analysis and Conclusion:
The analysis of FIDA/USDT suggests that the market is currently experiencing a period of uncertainty, as indicated by the significant daily price drop and a neutral RSI. The support at $0.284 is crucial in the short term. Holding above this level could provide the base needed for the price to challenge the resistance at $0.414. However, a break below this support could lead to further declines, with $0.1342 as a potential target where buyers might step in.
Given the current market conditions, traders should monitor these support and resistance levels closely. The ability of the price to stay above the trend line and the subsequent RSI movements will be pivotal in determining whether FIDA/USDT can regain upward momentum or if it will continue to face downward pressure.
Investors should also keep an eye on broader market sentiment and news specific to FIDA that could influence trading behavior. As always, incorporating a strategy that includes stop losses and takes profit levels would be prudent to manage risks effectively in this volatile trading environment.
FIDA/USDT Getting in Position to Rally? 👀🚀FIDA Analysis💎Paradisers, cast your gaze towards #FIDAUSDT, where the current indications hint at a robust chance for a bullish rebound from its key support zone.
💎When we dive into #Bonfida's recent market dynamics, we've observed a notable 35% retreat from its peak. Nonetheless, the steadfast support at $0.408 suggests a looming bullish trend.
💎The challenge of surpassing previous highs or milestones has led to a brief bearish sentiment. However, the $0.408 level stands crucial for #FIDA, poised to unleash a substantial bullish wave upon further scrutiny.
💎We are equipped with a Plan B. If #FIDA falters at the $0.408 mark and dips lower, our focus shifts to a bullish recovery starting from the secondary support at $0.262. Be aware, dipping below this threshold may spell a deeper bearish trend.
💎Keep your trading strategies flexible and your eyes peeled on market movements, Paradisers. Your Paradise Team is actively watching, ready to steer you through these evolving market conditions.
FIDA /USDT what next? Bull ride 👀 🚀 FIDA today analysis💎 Paradisers, it's time to focus on #FIDAUSDT as it's showcasing an intriguing move, stemming from a specific pattern formation, and setting the stage for its next potential movement.
💎 Recently, #FIDA has broken to a new low, creating a lower low pattern. This development leads us to anticipate a formation of a lower high. Following this, the price has reclaimed the demand level at $.2694, setting up a strong likelihood of a bullish movement, with sustained upward momentum targeting the supply zone at $.4837.
💎 However, if #FIDA struggles to continue its bullish trajectory while reclaiming the demand level, we might see a bullish rebound from a lower demand point at $0.2341. A break below this level could lead to a significant downward movement.
FIDA / FIDAUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
FIDA buy setupThe main structure and substructrue are bullish and we also have a liquidity pool above the chart which is expected to be swept soon.
We also have a liquidity pool at the bottom. After clearing SW H, the low liquidity pool is also expected to be swept away
Keeping the POI, we expect to move to supply.
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
FIDAUSDT.1DBased on the data provided, the cryptocurrency FIDA is currently trading at $0.4306 against USDT.
In terms of technical indicators, the 4-hour Relative Strength Index (RSI) is at 85.96, indicating that the currency is currently overbought. This could suggest that a price correction may be imminent. The Moving Average Convergence Divergence (MACD) for the same period is 0.0209, which may indicate a bullish trend.
The Bollinger Bands (BB) for the 4-hour period are at 0.4607, which means the price is fluctuating within this range. The support levels are at 0.3136, 0.2405, and 0.1741, while the resistance levels are at 0.480, 0.560, and 0.6551.
On a daily basis, the RSI is at 82.94, indicating overbought conditions as well. The MACD is at 0.0345, which is a bullish signal. The BB is at 0.4680. The support levels are at 0.2925, 0.2378, and 0.200, while the resistance levels are at 0.487, 0.5863, and 0.66.
On a weekly basis, the RSI is at 71.47, which is closer to neutral but still leaning towards overbought. The MACD is at 0.0013, which doesn't provide a clear trend signal. The BB is at 0.4680. The support levels are at 0.2128, 0.1420, and 0.082, while the resistance levels are at 0.58, 1.25, and 1.52.
Overall, the technical indicators suggest that FIDA is currently in a bullish trend but could be due for a correction due to overbought conditions. As always, it's important to consider other factors and do further research before making any investment decisions.
FIDA / FIDAUSDT$FIDA maybe it will make a new high if back up 0.1512
BE CAREFUL AND GOOD LUCK>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Bonfida preparing bull move ?👀 🚀Fida Today Analysis
💎 FIDA /USDT is gearing up for a potential upward shift, as it has been trading within a consolidation zone for the past few days.
💎 Currently, it's maintaining a strong support level at 0.2174, a level that the price has respected three times, indicating its significance.
💎 With a supply zone in sight, we anticipate the price to address this zone. Additionally, notable spikes in volume signal a potential upward momentum.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
#FIDA/USDT Technical Analysis (Request 21)This chart is very simple.
Although I haven't traded this coin ever.
It is currently stuck inside the channel.
There are better coins to trade IMHO.
I didn't like those wicks look like a P&D coin tbh.
Anyways it will only be bullish on a close above $.60 as shown in the chart.
Let me know what you think in the comment section.
Please hit the like button if you want to appreciate my efforts.
Thank you
#PEACE
Bonfida (FIDA) forming bullish BAT for upto 21.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bonfida (FIDA) with US Dollar pair.
Previously we caught more than 78% pump of FIDA as below:
Now On a 4-hr time frame, FIDA is about to complete a bullish BAT move for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FIDAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FIDAUSDT
R1 and R2 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. And S1 is a support area at the bottom with its support of price at different points. At the moment, the price has a fluctuation over S1 by the time it fell to this area and was supported at it. We will wait for more decline to reach S1 again and then we must wait for some confirmation candles to rise and an increase would be there for the price to reach R1 (which is a good point for saving your profits). By having more fixation over R1, more rise is expected for the price. It is even possible that the price starts its rising tend at its current point and move upward to our resistance areas. Also by the time the price loses the support and moves below S1 and via giving us some falling signs, more decline will definitely be waiting for the price toward lower amounts. Please be careful about various points and details and note that for enjoying less risky trades, we recommend you to obtain every piece of information and details through our analyses and updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Bonfida (FIDA) formed bullish Gartley for upto 15% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bonfida (FIDA) with US Dollar pair.
Our last successful trade of FIDA was the below one.
Now a 2-hr time frame, FIDA has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade