S (EX FTM) Update (4H)Like many other altcoins, S has formed an Inverse Head and Shoulders pattern, signaling a potential trend reversal.
Additionally, a bullish flag formation has broken out on the lower timeframes, further confirming the upward momentum.
The current price structure appears suitable for long positions, especially with confluence from multiple technical signals.
A conservative target lies around the $0.64 level, based on the measured move projections from the flag and neckline breakouts.
— Thanks for reading.
Susd
SUSDT Still in Trouble – Is the Worst Yet to Come?Yello, Paradisers! Are you letting this short-term bounce on #SUSD fool you? Be careful. What looks like a recovery could just be a deceptive pause before the next major drop hits.
💎After topping out just shy of the psychological $1.00 mark, SUSDT has entered a significant zigzag corrective structure. Despite the recent bounce, the bigger picture still suggests that the market is setting up for one more leg to the downside, where the real bottom might finally be reached.
💎#SUSDT has printed a short-term double bottom around the $0.38 level, positioned slightly above a moderate support zone. This has triggered a minor bullish push, offering a temporary sense of relief for bulls. However, based on the current market structure, this move is likely to be short-lived and part of a broader corrective pattern.
💎The resistance zone between $0.465 and $0.4720 is now the key level to watch. It’s a strong supply area where selling pressure is expected to return with intensity, making it difficult for buyers to gain control. If price gets rejected from this zone, a drop back toward the $0.3740 level is highly probable, as this area serves as the next moderate support.
💎The structure on SUSDT is far from done to the downside. If the rejection plays out as expected, the price could slide even lower, targeting the $0.3300 to $0.3150 range. This is where the final drop may conclude and a proper base for recovery could finally be established.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
S (Ex FTM) Next MoveAt the moment, S is going in a parallel channel through upwards. Either right from around here or from a lower demand zone, S will be going through 0,63 level.
It's a low risk trade and might be usefull.
Below the are 0.58 which is marked on the chart might be dangerous and would be a usefull stoploss.
If you can follow the chart in low time frame wait for a 4 hour candle close before stop the position if it reaches the invalidation level.
SUSD 4H Chart – Easy Trend with RSI Signal!SUSD on the 4H chart is in a steady uptrend within a channel since February. After a drop to the 0.285 level, it’s now at 0.382, sitting near the channel’s midline. RSI is at 54.26, showing neutral momentum—room to move either way. The yellow line suggests a potential push to the channel top at 1.0000000 if the trend continues. On the downside, 0.3500000 is key support to watch.
Bulls in Trouble! Sonic Rejected Again—Lower Lows Incoming?Yello, Paradisers! Is #Sonic about to take another dive? The latest price action suggests trouble for the bulls. After failing to reclaim key support, the downtrend is back in full force.
💎#SUSDT continues to reject from a historically strong resistance at $0.63 – $0.65, a level that has repeatedly proven difficult to break. This latest rejection is only accelerating the downside, putting lower targets into play.
💎The sellers are initially aiming for the $0.46 – $0.44 levels, a strong support zone where we could see some short-covering as traders take profits on their positions. This level has provided temporary relief in the past, making it a key area to watch.
💎However, if sellers maintain control and the bearish momentum continues, the price could dip even further into the $0.3850 – $0.3740 zone. This area has historically acted as a strong support base, attracting significant buying pressure that could fuel a potential reversal.
💎For bulls to regain control, they must reclaim the $0.63 – $0.65 zone, a strong resistance level. However, with descending resistance reinforcing this area, breaking out won’t be easy. Until then, the trend remains bearish, and lower levels are in play.
Stay patient, Paradisers! The market always rewards discipline. If we see confirmation, we take action. If not, we wait. Trade smart, not fast! 🎖
MyCryptoParadise
iFeel the success 🌴
SUSDT buy/long setup (4H)It seems that a lot of orders have accumulated at the lower levels. We have a bullish iCH on the chart, and the trigger line has been broken. The price is now near a supply zone. If it bounces from the green area, we can look for buy/long positions.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
(Prev. FTM) Support and Resistance Zone: 0.4126-0.4930
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(SUSDT 1D Chart)
FTM Coin (Token) has been changed to Sonic Coin (Token).
Since the chart was newly created on January 16, the support and resistance role may be weak, so be careful when trading.
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(12h chart)
Since the indicator has not been created yet on the 1D chart, support and resistance points are not displayed, so the 12h chart was used.
The point of interest is whether it can rise above the Fibonacci ratio of 0.236 (0.5815) ~ 0 (0.6565).
To do so, it is important to see whether it can receive support near the BW (0) indicator point of 0.4126 and rise above 0.4930.
If it falls below 0.4126, it is likely to fall to around the Fibonacci ratio of 1 (0.3385).
Therefore, if it shows support in the low boundary zone of 0.4126-0.4930, it is a time to buy.
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The MS-Signal indicator is an indicator that can tell the trend.
Therefore, if the price stays above the MS-Signal indicator, there is a high possibility that it will turn into an uptrend.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems that it has been maintaining an uptrend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Reversal for Sonic has commencedSeems like 50 cents has some iron wall defending it and now double bottom at 50 cents was established, allowing those who wanted to exit to do so (capitulation), based on the volume.
We now have made a clean reversal on the hourly.
Next targets are the launch high, which is a nice take profit target to those on long positions, but i expect overall trajectory to be higher.
bullish debut of trading for S Sonic former FTMthere is very little history so far and it has only traded on MEXC so far therefore this analysis is likely to be low-precision
but it looks like S by sonic is on a short term parabolic growth, somewhere around its launch ATH value may be the random point of retest (low accuracy as more exchanges list it...) but otherwise can continue its journey with 1$+ values. Let's watch
Opening a fun long here
should we assume deviation and downtrend breakout for FTM?let's see if this breakout holds. FTM massively broke down and then broke down some more, but could be considered deviation. Either way, we can now look forward to a potential scenario of retesting the HTF support and resume return to upward move.
Bearish monthly for FTM S more dump incomingFTM S monthly broke through critical support on the HTF and is now poised for further downward correction. Don't worry, maybe when they launch new charts with S, it will not be visible. We will, however, remember...
Rounded Bottom and Parabolic Curve Theory Idea for $SUSD to BTCThis is a personal research and idea for investment. DYOR and TIT...
This is Synthetix USD $SUSD coin on a 3-day chart.
:::DISCLAIMER:::
This is a mid-term pattern that probably will develop exponentially growing price action as it starts to close. I'm calling it early as consistent with Parabolic Curve Theory ( PCT ) and am very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action miss some of the PCT base targets marked here thus making it necessary to revisit this idea.
TIME/PRICE PROJECTION
Pattern start: Mid-Dec 2020
Estimated end: 1st week of Late July 2021 (60+ days from publishing)
Price tag at time of publishing: 2,490 satoshi
Expected price tag at end of pattern: 5,550 satoshi
Sub-base 1 (.b1.1): 2,044 satoshi
Base 1 price level: 2,499 satoshi
Base 2 price level: 3,080 satoshi
Base 3 price level: 3,550 satoshi
Base 4 price level: 4,020 satoshi
Safe trailing take profit area: Recommended trailing take profit at 5,300 satoshi
TECH INDICATORS
I'm doing TA on a daily-chart since the 3-day still doesn't display full indicators yet.
Green Kumo cloud indicates bullish trend with recently broken out Chikou Span from PA.
Recent T/K cross up is also bullish. All indicators are upsloped. Parabolic SAR also confirms trend placed below PA.
NEWS CATALYSTS AND BTC VOLATILITY
No upcoming news catalysts.
Seemingly unaffected by BTC dips.
EXPECTATIONS
I expect swinging PA between bases with increasing impulse moves upward and decreasing ranging movement. PCT states that price of an asset once base 3 is reached can double its price in a very short period. This is not necessarily so in this case, but at least 50% increase is expected.
The distance from the curve makes me believe that we still should expect some ranging consolidation in PA.
FINAL NOTE
Drawing may need some minor adjusting as the pattern develops.
Don't buy SUSD if value is higher than $1Wait for some like $1,01 $1,00 or $0,99 if you wanna buy this.
SUSD is a stable coin with a very low market volume; because this, it can be easy to pump, but most recent attempt got aborted, so avoid to buy this if price is very higher than $1.
Synthetix sUSD (SUSDBTC) Bittrex New ListingWhy do I get the feeling that this will have some crazy bullish action sometime soon?
Introducing Synths
Synths are tokens that provide exposure to assets such as gold, Bitcoin, U.S. Dollars, TESLA, and AAPL within the Ethereum blockchain.
About sUSD
sUSD (SUSD) is a cryptocurrency token and operates on the Ethereum platform. sUSD has a current supply of 2,665,674 SUSD. The last known price of sUSD is $0.960609 USD and is up 4.89% over the last 24 hours. It is currently trading on 4 active market(s) with $56,534 USD traded over the last 24 hours. More information can be found at www.synthetix.io
This chart does not have enough data but I took a look at it on CoinMarketCap, this is sitting at all-time lows.
It has around 200% profits potential to an all-time high.
Looks like an interesting project.
Thanks a lot for reading.
Namaste.
GBP/USD - Short Set UpTrend Continuation.
Sterling is heavily driven by polling on Brexit with the exit camp taking a 4 point lead in the latest polling over the weekend.
We expect sterling to fall on diminishing prospects for the remain vote. Failure to capitalise on poor pay rolls and a close below key weekly resistance are confirmation factors in our bearish view on the pair.
EUR: USD is consolidating, EUR is gaining some valueIs Eur gaining value against the USD or is the USD consolidating against EUR?
Well, I'd rather say that it is a consolidation of USD against EUR rather then a EUR gaining weight against USD.
MArket thought that FED would increase it's interest rate by October but this doesn't occure FEd's minutes showed that although US market has an initial capacity to cope with a certain amount of growth without the assistance of QE3, market still needs cheap money i.e low interest rate in order to give an impetus to the inflation target.
ECB president is still betting on a "hidden" devaluation in order to important inflation in the Eurozone, but we are far from being there yet. So far, there was more monetary move from ECB then fromFEd's side. ECB lower two time its interest rate, lauch TLTRO and ABS. But despite this move, EUR did not lowered as ECB president would like to.
Therefore, the next move may come from FEd unless ECB decides to lower its interest rate again bellow 0%.
Until FEd or ECB make a move, EUR will go up again towards 1.30 as an initial move. Then if FED increases its interest rate, EUR would fall down far beyon 1.25