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ID/USDT upward momentum? 👀 🚀ID Today Analysis💎Paradisers, direct your attention to #IDUSDT as it exhibits a compelling pattern. The asset is making an attempt to overcome a bearish Order Block, indicating a potential upward movement if it successfully breaks above.
💎#SPACEID has adhered to a descending channel pattern, breaking above it to embark on an upward journey. Currently, it's gaining momentum for another attempt to move past this bearish OB. If this breakout is maintained, it significantly increases the prospects for a bullish movement. With this ongoing upward momentum, AMEX:ID is targeting the resistance level at $.53282.
💎 For #ID, it’s crucial to be prepared for a potential bullish recovery from the support level of $0.22143. However, a descent below this level could indicate challenges in sustaining the bullish trend.
💎 In this fluid and constantly evolving market environment, strategic insight and informed decision-making are essential. Crafting a comprehensive trading strategy, inclusive of sound money management and a deep understanding of support and resistance dynamics, is crucial for achieving successful trading outcomes. 🌴💰
ID/USDT In the Key area level. Break the resistance or Rejected 💎 ID has indeed emerged as a standout in the market, showcasing a robust rally from $0.172 and skillfully navigating a breakout from the descending channel pattern. The chart underscores a valid retesting phase, suggesting that ID is poised to sustain its upward momentum. However, a significant hurdle remains, as ID grapples with a formidable resistance area—a historical point of retreat. Overcoming this barrier is essential for continuing its bullish journey.
💎 Should ID falter at this juncture and fail to conquer the resistance, it might retreat to the safety of the demand area, gathering strength for another attempt at ascent. Conversely, a successful breach of the resistance zone, probability could set the stage for a smooth sail towards the next station, notably the supply area.
💎 Yet, the market is fickle, and a less optimistic scenario exists. If ID retraces its steps to the demand zone and, crucially, fails to preserve its stance above this crucial support, it could unravel a bearish turn. This downturn would see ID seeking deeper solace, potentially at a lower support level.
💎 Here, it would need to muster significant rebound strength or risk a further descent to even more foundational support zones, highlighting the precarious balance between bullish aspirations and bearish realities.
ID/USDT - Space ID: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the AMEX:ID / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 0.1952 | 0.20804 | 0.23303, while significant support zones are located at 0.17021 | 0.15806 | 0.13307. It is advisable to contemplate initiating a buy position within the present price range of 0.21979 with the objective of attaining higher price levels.
◰◲ General info :
▣ Name: Space ID
▣ Rank: 284
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: N/A
▣ Overview: Space ID project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.21979 ₮
▣ 24HVol: 8,865,961.958 ₮
▣ 24H Chng: 10.204%
▣ 7-Days Chng: 22.54%
▣ 1-Month Chng: 11.16%
▣ 3-Months Chng: -12.35%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.1952 | 0.20804 | 0.23303
◢ Support: 0.17021 | 0.15806 | 0.13307
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -22.80
▣ Last 90D: -18.61
▣ Last 1-Y: -17.35
▣ Last 3-Y: -18.15
◲◰ Volatility :
▣ Last 30D: 0.38
▣ Last 90D: 0.55
▣ Last 1-Y: 0.85
▣ Last 3-Y: 1.28
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.74 - Bullish
▣ Reddit sentiment score is 0.52 - Bullish
▣ In-depth IDUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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id analysis (6H TF)After completing the large A pattern, we seem to have entered a diametric diamond pattern.
The recent upward movement seems to be of the same diametric for wave D, that is, the diametric of wave B is large.
In the red area, it can be rejected downwards.
We can look for sell/short trades in the red zone
Do not enter any position without setting stop and capital management
ID coin is on the long list with the level of 0.021976Hello everyone!!!
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ID/USDT is Primed For Bullish Rally | ID Analysis Today💎Heads up, Paradisers! ID/USDT is currently navigating a pristine descending triangle, and it's all set for a potential bullish breakout.
💎Several days ago, ID/USDT masterfully interacted with a bearish Order Block (OB), established matching highs, and set off on a downward course to address the Bullish OB and secure buying liquidity.
💎If the price successfully pierces through the triangle's upper edge, it's likely to engage the looming supply zone. However, let's not forget the wild card—market uncertainty, which could tip the scales at any moment.
💎We're bullish on the likelihood of the price revisiting the supply zone, thanks to residual liquidity.
💎Keep those charts updated and stay tuned for more insights! Happy trading!
🔥 ID Bullish Break Out After Months Of SellingIf you enjoy this analysis, please give it a like and a follow.
ID is one of the newer tokens on Binance. At the start of the listing it showed some strength, but has sadly been selling for months at this point.
However, ID has broken out of a one month downtrend by breaking through a diagonal resistance line, see chart.
My assumption is that, with some luck, we can at least get back to the May highs. For an optimal risk-reward I'm betting on a reversal in the short-term, but not below the most recent swing lows of around 0.248. This results in a very good risk-reward of well over 22.
SPACEID IDUSDT Price analysis (4h)Hey, fellow traders and investors! 🤝 Let's dive into the price analysis of SPACE ID! 🚀🌌
📉 Currently, SPACE ID is consolidating in a semi-Triangle, semi-Wedge pattern, creating an interesting setup for potential trades. 🔄 Trading this pattern might be a bit tricky, but don't worry – we've got you covered! 🔍
🚀 Despite the consolidation, the price appears to be oversold for this local period, hinting at a potential weak breakout to the upside in the coming days. 📈 Our targets for the breakout are set at $0.28, $0.30, and $0.32 resistance levels. 🎯
💹 Overall, the trend for IDUSDT seems bearish, and there's a possibility of it reaching another lower low around $0.15. This zone could be a strong buy area for those looking to catch a potential price reversal. 🛒📉
Keep an eye on the price action of SPACE ID, practice risk management, and always be prepared for any market fluctuations! 🚀💹✨
Remember to stay informed, practice sound risk management, and always be prepared for market fluctuations. Happy trading! 🌌🚀
🔥 ID Potentially One Of The Best Trades Of The YearI've been following ID for a while now, with my previous analysis below. No entry was made before, but this time we will.
ID has currently broken through a 3 month bearish resistance, which can potentially trigger a huge influx of both buyers and shorts that will close their positions, both very bullish.
For the best risk-reward I'm looking at a 1$ target, stop just below the resistance. A more conservative bet would be to take (partial) profits at 0.50$, or put the stop around 0.245$.
SPACE ID bullish ride ?👀 🚀ID Today Analysis
💎 ID USDT is poised for a significant move as it's currently trading in a high-demand zone, indicating a potential upward trajectory.
💎 Another key observation is that it's on the verge of crossing over the 21 EMA. If the price maintains its momentum above this EMA, it could present a favorable trading opportunity.
💎 Above, there's a supply zone that the price is expected to address smoothly. However, if the price breaks below the support level, we could see a downward shift.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
#IDUSDT Seeks Upside Break and 66% Growth Potential💎IDUSDT has recently formed a double bottom pattern near the critical $0.25 support level, establishing a robust demand area. This development highlights the significance of this price zone.
💎Moreover, the subsequent break above the downtrend trendline suggests a role reversal, with the trendline now serving as a potential support level. However, the price has encountered resistance at the supply area, raising concerns about the likelihood of an uptrend.
💎In light of these observations, the MCP team will closely monitor the price action of #IDUSDT, particularly focusing on a potential breakthrough above the supply zone. Such a breakout would free up liquidity and pave the way for further gains.
💎In fact, there is a possibility of a 66% increase from the current level. This projection is substantiated by the presence of a strong resistance at the double Fibonacci level, coinciding with the downtrend trendline. Additionally, we will carefully monitor two other double Fibonacci resistance levels, as any bounce off these levels could trigger a significant pullback.
Stay informed and prepared, Paradisers, as we navigate the #IDUSDT market dynamics and uncover valuable opportunities amidst the evolving landscape. 🌴
🔥 ID Breaking Out Of Bear Trend: Huge Potential!ID has been trading bearish for 2.5 months, losing over 75% of its total value in the process.
However, it seems that there might be an end to the selling. ID is currently underway of breaking out through the dotted diagonal resistance line. Wait for the 8H candle to close above the line to confirm the break out and scout an entry.
Target placed at 1.00, stop below the recent swing low. This trade gives us an amazing 11.6 risk-reward. For a less risky trade you could take (partial) profits around 0.50 or 0.75