PROSUSDT Analysis: Key Demand ZoneThe blue box on PROSUSDT is not just any region; it’s a carefully identified high-potential demand zone . This area could provide a strong reaction and is worth monitoring closely.
Key Points:
Strategic Demand Zone: Blue box highlighted as a significant area for potential reactions.
Follow-Up Required: Active monitoring is essential to capitalize on opportunities.
Confirmation Indicators: I will use CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks on lower time frames for validation.
Learn With Me: If you want to master how to use CDV, liquidity heatmaps, volume profiles, and volume footprints to pinpoint accurate demand zones, just DM me. I’d be happy to guide you!
Reminder: Always consider current market conditions when making decisions. Careful risk management and meaningful levels are key to success.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you! Wishing everyone success in their trades.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis (the list is long but I think it's kinda good : )
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I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
PROSUSDT
ProStarter ($PROSUSDT): Daily | Promising Upside MoveI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
ProStarter ( BINANCE:PROSUSDT ): Daily Chart Analysis for a Promising Upside Move
Trade Setup:
- Entry Price: $0.7416
- Stop-Loss: $0.4692
- Take-Profit Targets:
- TP1: $1.3388
- TP2: $2.0740
Fundamental Analysis:
ProStarter ( BINANCE:PROSUSDT ) is a multi-chain fundraising and token launch platform designed to empower decentralized finance (DeFi) projects. By offering seamless cross-chain interoperability, $PROSUSDThas established itself as a go-to solution for early-stage crypto projects. Its focus on simplifying token launches and enhancing security makes it an attractive choice for both developers and investors.
Recent updates, such as partnerships with leading DeFi ecosystems, have bolstered the token's utility and adoption. With the crypto market showing signs of recovery, SET:PROS is poised for a strong upward move.
Technical Analysis (Daily Timeframe):
- Current Price: $0.7450
- Moving Averages:
- 50-Day SMA: $0.7000
- 200-Day SMA: $0.6500
- Relative Strength Index (RSI): Currently at 63, indicating mild bullish momentum.
- Support and Resistance Levels:
- Support: $0.7000
- Resistance: $0.8500
The daily chart highlights a clear bullish trend, with BINANCE:PROSUSDT breaking above its key resistance level at $0.7200. This breakout is supported by rising trading volumes and a bullish crossover on the moving averages, indicating potential for further gains.
Market Sentiment:
BINANCE:PROSUSDT has seen increased interest from the DeFi community due to its unique multi-chain fundraising model. The token’s steady price recovery and strategic developments have created a positive outlook among investors.
Risk Management:
A stop-loss at $0.4692 ensures downside protection, while the take-profit targets at $1.3388 and $2.0740 offer significant upside potential. TP1 provides an 80% return, while TP2 offers a potential 179% gain, making this trade highly attractive for swing traders.
Key Takeaways:
- BINANCE:PROSUSDT is in a strong bullish breakout, supported by both fundamentals and technicals.
- Favorable risk-to-reward ratios make this an ideal setup for swing traders and mid-term investors.
- Adherence to stop-loss and profit targets is critical to managing market volatility.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
PROS/USDT: Potential Breakout AlertPROS/USDT: Potential Breakout Alert
PROS/USDT is showing promising signs as it nears a critical trendline resistance. The current price action suggests increasing pressure, setting the stage for a potential breakout. A successful move above this level could trigger a strong bullish trend.
Key observations:
- The price is approaching a well-defined resistance level, and a breakout could indicate further upward momentum.
- Indicators like RSI and MACD are leaning toward bullish signals, supporting the case for a move higher.
- Volume confirmation will be essential to validate the breakout.
Tips for trading this setup:
- Wait for a confirmed breakout with a solid 4H or daily candle close above the resistance.
- Look for a retest of the breakout level to provide a safer entry point.
- Ensure proper risk management by setting a stop-loss below the support zone.
If the breakout is confirmed, potential targets can be identified based on nearby resistance levels. As always, trade responsibly and conduct thorough analysis before making any decisions.
PROSUSDT (Prosper) Updated till 02-10-24PROSUSDT (Prosper) Daily timeframe range. if we zoomout the chart we can see price action got lots of space to move. its trying get out of 0.4003 which will be more optimal. it will be helpful if it get some more volume here to secure the level. local support at 0.2728.
The Cup & Handle Pattern of the $PROS weekly chartThe weekly chart of SET:PROS is a great example of cup and handle pattern:
- the shape is "U", not "V"
- the cup is not overly deep
- the handle is also not overly deep, it is in the top half of the cup
- the volume is decreasing in the handle
Target: the cup is about $0.4 high (between $0.2 and $0.6), then the target should be around $1.
#PROS/USDT | Ready to rise strong#PROS
The price is moving in an ascending triangle on a 4-hour frame
The triangle is expected to be breached to the upside in a strong manner, with stability above Moving Average 100
Supported by oversold on the MACD indicator
And upward momentum for the market
Entry price is 0.5300
First target 0.5593
Second target 0.5895
Third goal 0.6229
Prosper (PROS) about to complete a setup for upto 32.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Prosper (PROS) with US Dollar pair.
Recently we more than 115% pump of PROS as below:
Now on a 2-hr time frame, PROS has almost formed a bullish BAT move for the next price reversal.
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.
Prosper (PROS) formed bullish Gartley for upto 65.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Prosper (PROS) with US Dollar pair.
On a 4-hr time frame, PROS has almost completed a bullish Gartley pattern.
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
PROS has been associated with a growth of 57% in the past day!PROS has been associated with a growth of 57% in the past day. Buyer support on this currency has caused a strong pump from the $0.85 support range. The resistance in the range of 2.06 to 2.42 dollars for this currency is a very important range. Because in case of breaking this resistance and confirmation, we can expect that the trend of this currency will rise in the weekly time frame. The price is now inside a medium-term bullish channel, and the channel's ceiling has overlapped with the indicated resistance. On the other hand, due to high buyer power, negative divergence is not observed. The last daily candle has broken the midline of the ascending channel, and this range could be the closest valid support for continuing the trend.