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Prometeus

A Correction May Be on the HorizonPrometeus (PROM) is a hot topic in the crypto world today, with the asset's price currently sitting at $6.273 and a 4-hour timeframe under consideration. As of now, PROM is leading the market with the most gain today, making it an attractive asset for traders and investors. However, we must take a closer look at the given indicators to understand the asset's current state. The Relative Strength Index (RSI) for PROM is at a high of 81, which suggests that the asset is currently overbought. This means that a price correction could be on the horizon, so investors should exercise caution. Looking at the Fibonacci levels, we can see that the 0.5 Fibonacci level is currently at 4.230, which could potentially act as a support level for the asset. However, if the asset's price continues to climb, we could see it testing the 1 Fibonacci level of 3.669. The upper and lower Bollinger Bands for the 4-hour timeframe are at 5.830 and 3.769, respectively, with the middle Bollinger Band at 4.800. This suggests that the asset is experiencing moderate volatility, with potential support and resistance levels at the Bollinger Bands. The volume oscillator for PROM is currently at 51.54%, indicating that there is the moderate trading activity for the asset. Meanwhile, the Moving Average Convergence Divergence (MACD) is indicating bullish momentum with a reading of 0.308. Additionally, the 4-hour Exponential Moving Average (EMA) 50 is currently at 4.669, indicating that the asset is trading above its short-term moving average. These indicators all support the idea of bullish momentum for PROM. In conclusion, PROM is currently a hot asset in the crypto market with the most gain today. However, the high RSI suggests that a correction may be on the horizon, so investors should exercise caution. The Fibonacci levels and Bollinger Bands can be used to identify potential support and resistance levels, while the moderate trading volume and bullish momentum indicators support the idea of a continued upward trend for PROM.
by MonoCoinSignal
3
PROM ACCUMULATION PHASE - $29 TP & BEYONDIn the past months, prom made a plethora surge in price to $100 and then made a sharp retracement back to its support level at $8 while $17 was acting as the resistance zone. Presently, the $17 zone has been broken and is now known to be the new support level, prom continues to consolidate btw $17 to $21 which is the main resistance level. A daily close above this level with validate an uptrend to $29 which is next to the Main R levels and then we'd see a continuous uptrend in price. Trajectories of the main s\r levels have been provided on chart. You can drop a line if you've got questions. Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates
PLong
by Pearl-A
PROMUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
Long
by hadimozayan
PROMBUSD { PROMETEUS } - BULLISH SETUPANALYSIS 🔎 - PROMBUSD is on an uptrend supported by the ascending trendline support. - The market hit a swing high and retraced. - Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - Price action is printing an inverse head and shoulders pattern at the retest zone. - The inverse head and shoulders pattern is a bullish reversal pattern. BUY ENTRY ⬆️ - Breakout above the inverse head and shoulders neckline resistance (@15.5) TARGETS 🎯 - Horizontal resistance level (@17.27). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the right shoulder's horizontal support level (@14.384).
PLong
by Chibuike_Odoh
Up To 6330% Since Nov., This Is Prometeus (PROM) on BittrexPrometeus (PROMBTC) just printed one of the biggest volume bars since its add to Bittrex and it is now showing multiple bullish signals... Let's take a look. In the past three days, PROMBTC has grown by 277%, massive growth, but when we look back at the low hit on the 8-Nov. '19, the total growth from bottom to the peak price hit today is over 6330%... Amazing numbers. For PROMBTC September displays the biggest volume and that's when most of the altcoins hit an all-time low while others found support... Signaling that change will soon be coming to the markets. The bulls are now in full control and this is just the beginning, at one point you will see literally dozens of altcoins pairs showing +50%+ at the same time... It will last longer than what most of us expect and many people will be selling ahead of time. The gains and the way the charts are going to look will be something unexpected to everybody... But we will come out winners of course, because we are already trading, we are tracking the bottom... The only way left to is UP! Namaste.
Long
by AlanSantana
1