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LTCUSDT 1HLTCUSDT 1H With ascending tops and ascending bottoms, LTc starts a discreet upward channel, in search of the MM200 at 91.54, however there may be a retreat due to the next week where unemployment or CPI data will be released next week, but, from the point of view technician, LTC is looking for the MM200 LTC halving is planned for July 2023, in previous halving cycles, there was a run before the event, it could happen again Based on the chart, an entry around 85.54 is interesting. This is a strong support area that could be tested and pull back. Here are the supports and resistances in the 1H timeframe: Brackets 89.83 / 89.03 Resistances: 60.82 / 91.54 MM200: 91.54 RSI: Exhaustion of Buying Forces MACD: Buyer
Long
by ferulianov
DOGE/USDT Technical Analysis: Will Dogecoin Hit $5DOGE/USDT Technical Analysis: Will Dogecoin break through the $0.120 Resistance Level? Dogecoin (DOGE) has been one of the most talked-about cryptocurrencies in recent times, and it's not difficult to see why. It has seen some impressive gains in the past week, with a 40% increase in value. This was followed by a 30% pump in a single day after the Twitter logo changed. But what does the future hold for DOGE? In this technical analysis, we will take a closer look at the current state of DOGE and where it might be headed. Current State of DOGE DOGE is currently trading at $0.1, and as mentioned earlier, it has seen a 40% increase in value over the past week. The cryptocurrency broke out of a very long bear flag and is now trading in an uptrend. However, the big question on everyone's mind is whether DOGE will be able to break through the $0.120 resistance level. Expectations and Predictions Based on the current state of DOGE, it is expected that it will pump a bit more. However, it is also expected to reject from the $0.120 resistance level. If this happens, there are high chances that it will hit the $0.06 level again. Therefore, it is essential to keep a close eye on the $0.120 resistance level. If it breaks upward, DOGE will fly high, and the cryptocurrency could see some impressive gains. Important Levels to Consider In any technical analysis, it is important to consider the support and resistance levels. In the case of DOGE, the support level is $0.06, while the resistance level is $0.120. These are the levels to watch out for if you are planning to enter any trade. Takeaways DOGE is currently trading at $0.1 and has seen a 40% increase in value over the past week. The cryptocurrency broke out of a very long bear flag and is now trading in an uptrend. DOGE is expected to pump a bit more but may reject from the $0.120 resistance level. If DOGE breaks through the $0.120 resistance level, it could see some impressive gains. The support level for DOGE is $0.06, and the resistance level is $0.120. Conclusion In conclusion, DOGE has seen some impressive gains in the past week, and it is expected to see more gains in the future. However, it is important to be cautious when entering any trade as the cryptocurrency may reject from the $0.120 resistance level. Remember to do your own research before making any investment decisions, and never trade blindly as it is your hard-earned money.
Long
by CryptoPatel
5
UTK/USDT Weekly Breakout so Target is 500% ?#UTK/USDT Technical Analysis:- - UTK/USDT is currently trading at $0.135 and has been attempting to break out for a long time. - If the weekly candle closes above the resistance level, a super bullish mode may be in sight. - A potential 500% increase from the breakout level is expected with targets at $0.191, $0.37, and $0.74. - The suggested entry range is $0.130-$0.110 with a stop loss at $0.0888. - Risk management is crucial and it's important to do your own research before investing in any coins.
Long
by CryptoPatel
3
Technical Analysis of DXY: Is Bitcoin Headed Towards $35k-$40kTechnical Analysis of DXY: Is Bitcoin Headed Towards $35,000-$40,000 Zone? The US Dollar Index (DXY) is a measure of the value of the United States dollar relative to a basket of foreign currencies. In recent times, the DXY has been experiencing a bearish trend. This article will explore the technical analysis of the DXY chart and its potential impact on the price of Bitcoin. Current Status of DXY: The DXY is currently trading at $102, having broken support and retested it in the High Time Frame (HTF). The chart is forming a Head and Shoulder pattern, indicating a bearish trend below the Neck Line support of $101.30. If this support breaks, the price of Bitcoin could drop to the $36,000-$40,000 zone. Key Technical Indicators: The Neck Line support at $101.30 is a critical level for the DXY. If it breaks, the next major support level is at $90, which is around 12% from the current level. Moreover, the DXY chart's resistance level is at $105.35. If it breaks, the bearish sentiment in this chart will be invalidated. Takeaways: The DXY is currently experiencing a bearish trend, with a Head and Shoulder pattern forming in the chart. The Neck Line support at $101.30 is a crucial level, and if it breaks, the price of Bitcoin could drop to the $36,000-$40,000 zone. The resistance level of the DXY chart is at $105.35, and if it breaks, the bearish sentiment will be invalidated. Conclusion: In conclusion, the technical analysis of the DXY chart suggests a bearish trend in the near future. If the Neck Line support at $101.30 breaks, the price of Bitcoin could drop to the $36,000-$40,000 zone. However, if the resistance level of $105.35 breaks, the bearish sentiment will be invalidated. Investors must do their own research and analysis before investing in any coins.
TVC:DXYShort
by CryptoPatel
Litecoin to break higher?Litecoin - 24h expiry - We look to Buy a break of 95.51 (stop at 92.51) Posted a Double Top formation. There is no clear indication that the upward move is coming to an end. Daily signals are mildly bullish. 95.69 has been pivotal. A break of yesterdays high would confirm bullish momentum. Our profit targets will be 102.51 and 103.51 Resistance: 94.50 / 95.69 / 98.00 Support: 91.00 / 90.00 / 88.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:LTCUSDLong
by VantageMarkets
HBAR/USDT Short Scalp Analysis#HBAR/USDT Technical Analysis Alert Current Price: $0.068 Analysis: Bearish Resistances/Retest: $0.0687 Short Entry: $0.068 Target: $0.062 Stop Loss: Any 1-hour candle close above the red line. Remember, never open any trade without confirmation, and always use a stop loss to manage your risk. Disclaimer: This is educational content and not financial advice. Please conduct your own research before investing in any coins. Join our community for more trading insights and updates!
Short
by CryptoPatel
Litecoin being a good market sell?Litecoin - 24h expiry - We look to Sell at 94.18 (stop at 97.18) 94.50 continues to hold back the bulls. 94.52 has been pivotal. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Although buying has been posted overnight, the rally has been limited. We look for a temporary move higher. Our profit targets will be 87.18 and 85.79 Resistance: 93.00 / 94.50 / 95.69 Support: 90.00 / 88.50 / 87.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:LTCUSDShort
by VantageMarkets
1
EGLD/USDT Technical Analysis Update ( Bearish Flag )Title: EGLD/USDT Technical Analysis: Bearish Trend Continues, $29 Target Expected Introduction: In this technical analysis, we will be discussing the current price action of EGLD/USDT and its potential future movement. Please note that this analysis is for educational purposes only and should not be considered as financial advice. It is always recommended to conduct your own research before investing in any coin. Current Price Action: EGLD is currently trading at $40, which is 9% down from the last entry. The coin has been facing a bearish trend and is currently down by 92% from its all-time high of $545. The recent low was at $32. Technical Analysis: Based on chart analysis, the bearish trend is likely to continue, and we can expect the price to reach a target of $29. However, if the price manages to break out above the $52 level and sustain above it, the bearish sentiment will end. In such a scenario, the upside target will be $100 to $125 after the breakout. Conclusion: It is essential to have a safe trading zone and be prepared with your positions. Never gamble with your hard-earned money and always conduct your own research before investing in any coins. Remember that this analysis is for educational purposes only and should not be considered as financial advice. Takeaways: EGLD is currently facing a bearish trend and is down 92% from its all-time high. Based on chart analysis, we can expect the price to reach a target of $29. The bearish trend will only end if the price breaks out above the $52 level and sustains above it. Always trade with a safe zone and conduct your own research before investing in any coins. Disclaimer: This content is for informational purposes only, and it should not be considered as financial advice. The information provided in this article is based on the author's personal opinion and analysis. Please conduct your own research before investing in any cryptocurrency.
Short
by CryptoPatel
XRP/USDT Bullish Mode Activated ?XRP/USDT Technical Analysis: Potential Retracement Offers Buying Opportunity for Long-Term Growth In the last few days, XRP has seen a 10% decrease in price from the previous update. We hope you have safely booked your profits. However, we expect to see further retracement in the near future, offering an ideal opportunity for buying in at a lower price point. Our analysis suggests that the best entry point would be around $0.45-$0.40, as it has previously bounced off the 0.618 Fib level. We believe that XRP is likely to reach new all-time highs in the next bull market, making it a favorable long-term investment. It's worth noting that even though we predict a target of $5 during the next bull run, we don't suggest waiting until then to sell. Instead, it's prudent to hold a small position until $5 and book profits at each target point, which are expected to be $0.57, $0.87, $1.41, and $1.95. It is essential to remember that this is not financial advice, and we urge investors to conduct their own research before investing in any coins. However, our technical analysis suggests that XRP presents a compelling investment opportunity, with a potential for long-term growth. Overall, we recommend that investors learn and earn from this opportunity, as XRP has a lot of potential in the future.
Long
by CryptoPatel
LTC/USDT 4HInterval Resistance and SupportAs the second chart in today's review, we'll be looking at LTC against USDT, also on a four-hour timeframe. First of all, using the yellow line, we can mark the downtrend line from which the price went up, while locally, we can mark the uptrend channel in which the price is currently holding with blue lines. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see, we have the first support at $88.69, then we can mark the support zone from $86 to $84, however, when the price falls below this zone, we can see a drop around the support at $76.77. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here, the first resistance that LTC is fighting is at $90.09, the next resistance is at $96.98, and then the third resistance at $105.58. The CHOP index indicates that the energy is slowly gaining strength. The MACD indicator indicates a local downtrend. On the other hand, on the RSI, after a slight rebound, we have room for growth, when the price breaks the current resistance, we can see an attack on the second resistance.
by cryptodailyuk