MLN/USDT - Enzyme Finance: resistance Breakout◳◱ Technical analysis to be included soon, stay tuned!
◰◲ General info :
▣ Name: Enzyme Finance
▣ Rank: 339
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Financial - Asset Management
▣ Overview: Enzyme Finance project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 23.93 ₮
▣ 24HVol: 10,180,607.191 ₮
▣ 24H Chng: 17.882%
▣ 7-Days Chng: 13.10%
▣ 1-Month Chng: 10.03%
▣ 3-Months Chng: -5.66%
◲◰ Pivot Points - Levels :
◥ Resistance: 21.36 | 22.06 | 23.47
◢ Support: 19.95 | 19.24 | 17.83
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.87
▣ Last 90D: -1.52
▣ Last 1-Y: -0.26
▣ Last 3-Y: 1.13
◲◰ Volatility :
▣ Last 30D: 0.47
▣ Last 90D: 0.59
▣ Last 1-Y: 1.02
▣ Last 3-Y: 1.65
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.62 - Bullish
▣ Reddit sentiment score is 0.73 - Bullish
▣ In-depth MLNUSDT 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Technical_analysis
USDCAD post FOMC & pre NFPFundamental Analysis
The US Dollar is making a small comeback after a dip last week, which is good news for the USD/CAD pair. The recent uncertainty in the stock market has made investors cautious, and many are turning to the US Dollar as a safe investment. However, the recent upturn in crude oil prices is also supporting the Loonie, which is the Canadian dollar linked to commodity prices.
The Federal Reserve's recent announcement about interest rates has caused some uncertainty, which is making investors cautious about the USD/CAD pair. The Fed recently increased interest rates and suggested that there may be a pause in June, which is making people nervous about what might happen next. Despite this, the Fed also hinted that they may soon hit the terminal rate of the current hiking cycle, which could mean good news for the USD.
There are some concerns about the US debt ceiling and fears of a potential banking crisis, which is keeping US Treasury bond yields low and could prevent the US Dollar from making any significant gains for now.
Investors are eagerly anticipating the release of the Weekly Initial Jobless Claims data from the US, which is due to come out later today. This data, along with broader market sentiment and US bond yields, will determine how much demand there is for the USD and could influence the USD/CAD pair. Traders will also be watching oil prices closely and are waiting for Bank of Canada Governor Tiff Macklem's speech later today for more insights.
The US monthly jobs report, known as the NFP report, is set to be released tomorrow, on Friday, which will have a significant impact on the USD and could influence the USD/CAD pair. Investors will be paying close attention to this report and the simultaneous release of Canadian monthly employment details to see which direction the pair will move next.
Technical Analysis
The USD/CAD pair is currently ranging & seems to be making a pull back into an OB zone as well as 62/70 fib levels. If so, we are expecting USD/CAD to give more more push up and to reach the 1.37000 price level at a minimum. From there we would expect a bearish reversal down to 1.34000 price zone.
There is a possibility that price may continue to the upside if breaks out of the 1.3700 price zone. But right now we are looking at going long from current level, we would be looking at price action into H1 or even M15 for an entry (if confirmed as per the Price Action patterns), this opportunity may not present itself before tomorrow at NFP report time, let’s see!
Bulls and Bears zone for 05-03-2023Traders are being cautious before Fed announcement today.
Any test of ETH session High could provide direction for the day.
Level to watch : 4145 ---4143
Reports to watch:
US:ISM Services Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET
Bitcoin Bulls Still Struggling!Traders,
Will this week or next become the moment when BTC bulls take a break and allow the bears to have their neckline retest? We will find out soon. Let's take a look at my chart to explain what must occur. There is one critical level that BTC must remain on top of if these bulls are going to continue this run. Can you spot it?
Before I get to what is key for BTC, let's talk about some of the other things happening on the chart here.
First, you will notice that black descending trend line. I drew that a couple of weeks ago in anticipation that new pivot highs would not be able to recapture previous pivot hit territory, let alone run higher, before a pullback to our C&H neckline. This, so far, has ended up to be the market's correct trend, descending. April 26 and 27 wick highs simply ended up becoming lower highs, confirming suspected descent. This descent continues today and nothing that I have been predicting for the last 4 (going on 5) weeks now has changed. I am, at this point, still expecting a retest of the C&H neckline at 25,300. If this does not occur now, it will occur later. And that scenario will wreck crypto market bulls completely. I'd much rather see this retest occur sooner than later. And, from a technical perspective, this would indicate lots of future strength and bullish price action to come.
But, if we are not going to retest the neckline soon, then there are a few things that I am looking to occur for the bulls to prove to us that they have the strength to take us up to that 36-40k target first.
#1. We have to stay above that 50 day ma. A break below would be further confirmation of that neckline retest.
#2. We have to either break above that descending black trend line AND/OR form a new pivot high on the daily beating the April 26/27 pivot high. This would simply be an early indicator that the bulls are targeting that 30k resistance again. Although, it's a positive sign for the bulls to be sure, they still must beat and confirm 30k. And until they do so, my neckline retest theory remains in tact.
#3. So, number three then, is a move above 30k with confirmation the daily. We must see at least one more, but preferably two, additional candles in succession opening and closing above 30k. That would be our indication that 36-40k is now in the cards.
In conclusion, I still believe that 36-40k target will be reached before the end of the year. But my hope is that we can reach that target with healthy market price movement prior to achieving that target. Healthy target price movement constitutes a drawback and touch of that 25,300 level before further ascension and currently that thesis is still being support by current market price action.
Best in all your trades,
Stew
EURUSD Consolidation Amidst Bullish Momentum: Key TakeawaysThe EUR/USD pair experienced consolidation last week despite maintaining its bullish momentum. The 1.10422 supply/resistance level held strong, leaving traders wondering how long this resistance will persist.
The uptrend remains intact on daily, 4-hour, and 1-hour timeframes, with price rejecting from the 20-day EMA and MACD above the zero line. However, the 4-hour chart suggests a potential retest of the 1.09098 support level due to weak upward momentum shown by the MACD.
The 1-hour timeframe indicates a shift in momentum as the MACD is now below the zero line. This, combined with consolidation on the 4-hour timeframe, implies that price action may move sideways for some time, barring any major news events.
Several factors could impact the EUR/USD chart next week, including monetary policy decisions by the ECB, inflation data, market confidence and sentiment, and overall economic growth. Additionally, the GBP/USD pair has been trading within a range, offering traders potential range-bound opportunities by buying near support and selling near resistance.
A series of economic events and data releases, such as the ECB's monetary policy decisions, ISM Manufacturing and Services PMI, and U.S. employment figures, could cause price volatility in the coming week. Moreover, many speculators believe that the Fed will halt interest rate hikes after the May 3rd decision, which may influence the EUR/USD pair's movement.
In conclusion, traders should keep an eye on key factors, economic events, and data releases that could affect the EUR/USD pair while also considering the current consolidation and potential sideways price action.
PSG/USDT - Paris Saint-Germain Fan Token: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the BME:PSG / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 5.68 | 6.13 | 6.83, and the major support zones can be found at 4.98 | 4.73 | 4.03. Consider entering at the current price zone of 5.5 and targeting higher levels.
◰◲ General info :
▣ Name: Paris Saint-Germain Fan Token
▣ Rank: 402
▣ Exchanges: Binance, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: N/A
▣ Overview: Paris Saint-Germain Fan Token project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 5.5 ₮
▣ 24HVol: 572,545.473 ₮
▣ 24H Chng: 0.548%
▣ 7-Days Chng: 3.25%
▣ 1-Month Chng: 1.71%
▣ 3-Months Chng: -16.73%
◲◰ Pivot Points - Levels :
◥ Resistance: 5.68 | 6.13 | 6.83
◢ Support: 4.98 | 4.73 | 4.03
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.67
▣ Last 90D: -0.31
▣ Last 1-Y: 0.14
▣ Last 3-Y: 0.55
◲◰ Volatility :
▣ Last 30D: 0.47
▣ Last 90D: 0.54
▣ Last 1-Y: 1.14
▣ Last 3-Y: 1.32
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth PSGUSDT 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
NEXO/USDT - Nexo: Resistance_Breakout_Confirmation SuperTrend◳◱ We have identified both a Super Trend pattern and a Resistance Breakout on the $NEXO / CRYPTOCAP:USDT chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.715 | 0.763 | 0.847 and the major support zones are at 0.631 | 0.595 | 0.511. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: Nexo
▣ Rank: 101
▣ Exchanges: Binance, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Nexo offers crypto backed lines of credit and interest-bearing crypto accounts.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.717 ₮
▣ 24HVol: 773,293.307 ₮
▣ 24H Chng: 1.991%
▣ 7-Days Chng: 7.22%
▣ 1-Month Chng: -4.53%
▣ 3-Months Chng: -14.43%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.715 | 0.763 | 0.847
◢ Support: 0.631 | 0.595 | 0.511
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.27
▣ Last 90D: -1.39
▣ Last 1-Y: -0.81
▣ Last 3-Y: 1.23
◲◰ Volatility :
▣ Last 30D: 0.47
▣ Last 90D: 0.52
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.45
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.04 - V. Bearish
▣ In-depth NEXOUSDT 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
OIL - Another Bullish move coming?Fundamental Analysis
Oil Prices Stabilise Following Economic Concerns
Russia Reports OPEC+ Sees No Need for Further Oil Output Cuts
US Economic Growth Hindered by Inventory Decrease in Q1
Russian Refineries Increase Output as Fuel Exports Rise
On Wednesday, the US saw a decline in capital goods spending, leading to additional pressure on oil prices due to weak risk sentiment spreading from the banking sector, compounded by First Republic Bank's continued slump.
Oil broker PVM's Tamas Varga has attributed the recent oil price decline to weak refinery margins, with heating oil and gasoil as "the main possible culprit for the outsized weakness".
Despite a surprise cut to OPEC production targets this month, worries of a potential recession led to a price drop on Wednesday. However, oil prices stabilized on Thursday.
While the OPEC+ group of leading oil producers does not currently see the need for further oil output cuts, adjustments to policy are always possible, according to Novak. Investors continue to monitor economic data for any indication of energy demand direction.
Technical Analysis
The oil price experienced a sharp decline, dropping below the crucial support level from 3rd April at $79.00, which is now serving as a barrier for bullish investors. As a result, the black gold is anticipated to surrender all of the gains it made following OPEC+'s surprise announcement of production cuts.
Additionally, the RSI has retreated back into the bearish range of 20.00-40.00, suggesting further weakness in the market.
Looking ahead, if the oil price decisively drops below $75.00, it will expose the Low of the 30th March (at $72.70), followed by the support level at $70.00. From there (at breaker zone) the price has a good chance to regain some bullish momentum and potentially seek the liquidity left at the $84.00 price level. That said price could be ranging for while once it has reached that $84.00 price zone as a "stabilisation phase" before breaking out to the upside. Let’s see!
EURUSD heading to $1.1200?Fundamental Analysis
The US Dollar weakened due to disappointing economic data that showed an increase in Initial Jobless Claims by 5K more than anticipated. Additionally, the results of the Philadelphia Fed Manufacturing Survey fell short of the -18.2 forecast, coming in at -31.3 for April. However, the Fed's Beige Book report stated that economic activity remained unchanged in recent weeks, which helped support the USD. Furthermore, St. Louis Fed's Bullard continued to advocate for further rate hikes to combat inflation and recession fears, which further strengthened the USD.
Meanwhile, the Euro was buoyed by expectations that the European Central Bank (ECB) will continue to raise interest rates, although the size of these hikes will be data-dependent. ECB's chief economist Philip Lane emphasized that the health of the region's banks, as reported in the upcoming ECB Bank Lending Survey on May 2, will be crucial in determining whether the ECB will hike rates aggressively.
As of today, Thursday 20 April 2023, the EUR traded slightly higher in the 1.0970s against the USD after Wall Street's opening bell. However, the pair retreated from the recent highs of 1.1075 on April 14, as the USD regained strength on expectations that the Federal Reserve will continue raising interest rates.
Technical Analysis
Looking at the Daily Chart, the medium-term trend for EUR/USD has been upward since it bounced back from the September 2022 lows, and it's expected to persist. Although there was a slight dip in February 2023, EUR/USD managed to recover and hit new year-to-date highs above 1.1000 on April 13. We believe that price will keep pushing up one more time to reach the $1.12000 price level before seeing some major pullback, this move will take a few days, and possibly even a few weeks.
Looking at the H1 chart, the price has entered a range over the past few days. There are two potential outcomes: the price will continue to rise towards the recent high of $1.10800 and eventually break out to the upside after some pullback, or this latest range may be a corrective wave (a price accumulation) before seeing another bearish impulse. Regardless of which scenario unfolds, we anticipate that the price will continue to move upwards towards the 1.12000 price level. We will keep you updated on the progress of this chart before any significant price movement occurs.
BNB/BTC - BNB: Super_Trend◳◱ We've detected a Super Trend pattern on the CRYPTOCAP:BNB / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.011868 | 0.012264 | 0.013324 and the major support zones are respectively at 0.010808 | 0.010144 | 0.009084. We may consider opening a trade position at the current price zone at 0.011703 and benefit from the trend continuation.
◰◲ General info :
▣ Name: BNB
▣ Rank: 4
▣ Exchanges: Binance, Kucoin, Gateio, Hitbtc
▣ Category/Sector: Financial - Smart Contract Platforms
▣ Overview: Binance Coin is digital asset native to the Binance blockchain and launched by the Binance online exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.011703 ₿
▣ 24HVol: 678.958 ₿
▣ 24H Chng: 3.585%
▣ 7-Days Chng: -0.43%
▣ 1-Month Chng: 1.84%
▣ 3-Months Chng: 9.58%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.011868 | 0.012264 | 0.013324
◢ Support: 0.010808 | 0.010144 | 0.009084
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.49
▣ Last 90D: 1.06
▣ Last 1-Y: -0.07
▣ Last 3-Y: 1.45
◲◰ Volatility :
▣ Last 30D: 0.41
▣ Last 90D: 0.47
▣ Last 1-Y: 0.67
▣ Last 3-Y: 1.03
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.88 - V. Bullish
▣ In-depth BNBBTC 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
SNT/BTC - Status: Super_Trend◳◱ We've detected a Super Trend pattern on the NASDAQ:SNT / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.00000103 | 0.00000109 | 0.00000121 and the major support zones are respectively at 0.00000091 | 0.00000085 | 0.00000073. We may consider opening a trade position at the current price zone at 0.000001 and benefit from the trend continuation.
◰◲ General info :
▣ Name: Status
▣ Rank: 232
▣ Exchanges: Binance, Huobipro, Gateio, Poloniex, Mexc, Bittrex
▣ Category/Sector: Infrastructure - Application Development
▣ Overview: Status is a mobile operating system that combines a decentralized browser and private messenger for the Ethereum network.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.000001 ₿
▣ 24HVol: 4.219 ₿
▣ 24H Chng: 4.167%
▣ 7-Days Chng: -3.82%
▣ 1-Month Chng: 5.24%
▣ 3-Months Chng: 8.43%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000103 | 0.00000109 | 0.00000121
◢ Support: 0.00000091 | 0.00000085 | 0.00000073
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.08
▣ Last 90D: 0.92
▣ Last 1-Y: -0.56
▣ Last 3-Y: 0.75
◲◰ Volatility :
▣ Last 30D: 0.60
▣ Last 90D: 0.83
▣ Last 1-Y: 0.90
▣ Last 3-Y: 1.35
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.78 - V. Bullish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.53 - Bullish
▣ In-depth SNTBTC 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Gold SpeculationRSI divergence showing possible bearish towards 1950-60 levels before going back to main bullish trend. If these support levels get broken through, it's possible to reach the strong support level of 1917 which was a strong resistance level back in Aug/Sept 2011 then made multiple S&R flips. Possible price range to be reached around 2120 based on the Fibo Retracement, and by combining two recent major swings on HH's and HL's this could play out sometime June-July or it can be much sooner because of market volatility. Either way, anything can happen and this is just my personal opinion.
USDCAD, post BoC & PPI data releaseFundamental Analysis
Key points:
For the fourth day in a row, USD/CAD has been under some selling pressure on Thursday.
The USD is under pressure as a result of expectations for a pause in the Fed's rate-hike program.
Despite expectations that the Federal Reserve (Fed) is nearing the end of its rate-hiking cycle and turns out to be a key factor exerting pressure on the USD/CAD pair, selling of the US Dollar (USD) continues incessantly for the third consecutive day. In point of fact, the markets appear to be convinced that the US central bank will stop tightening its monetary policy after one more hike next month, as evidenced by the lower-than-expected US Producer Price Index (PPI) numbers released earlier today, Thursday 13th April 2023.
Technical Analysis
From a Technical Analysis standpoint, this is actually a follow-up from our initial bearish analysis that we shared on Friday 24 March (please see link at bottom of this analysis), since then price has been dropping (first top black arrow) from $1.38000 price level. Subsequently we shared another two updates on March 30th and April 3rd, explaining that we were anticipated a pullback and further drop from $1.35555 level (2nd lower black arrow), for more details, please feel free to go back and review those analysis. Since all that time our target was and still is the $1.31200 price zone as shown on weekly chart of the 30th March update.
So now, Price is coming to a zone from where it is likely to bounce off from and make another pullback, before moving down again. That pullback maybe deeper than expected, and we also don’t negate the fact that price may very well go through this level and if so that we should expect a bigger reaction from $1.33000 price level (see projections on chart). All in all, we believe USD/CAD is still bearish regardless if makes a pullback or creates some range in between.
$KMD/#BTC [#Komodo]: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $KMD / $BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00001316 | 0.0000142 | 0.00001587, and the major support zones can be found at 0.00001149 | 0.00001086 | 0.00000919. Consider entering at the current price zone of 0.00001232 and targeting higher levels.
◰◲ General info :
▣ Name: Komodo
▣ Rank: 445
▣ Category/Sector: Infrastructure - Interoperability
▣ Overview: Komodo project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001232 ₿
▣ 24HVol: 2.637 ₿
▣ 24H Chng: 0.244%
▣ 7-Days Chng: -10.49%
▣ 1-Month Chng: 5.61%
▣ 3-Months Chng: 41.85%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001316 | 0.0000142 | 0.00001587
◢ Support: 0.00001149 | 0.00001086 | 0.00000919
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.44
▣ Last 90D: 2.63
▣ Last 1-Y: 0.14
▣ Last 3-Y: 0.56
◲◰ Volatility :
▣ Last 30D: 0.70
▣ Last 90D: 0.66
▣ Last 1-Y: 1.23
▣ Last 3-Y: 1.33
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.49 - Bearish
▣ Reddit sentiment score is 0.82 - Very Bullish
▣ In-depth KMDBTC 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
$KMD/#BTC [#Komodo]: Resistance_Breakout_Confirmation◳◱ We've detected a Resistance Breakout and Confirmation on the $KMD / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00001304 | 0.00001379 | 0.00001531 and the major support zones are respectively at 0.00001152 | 0.00001075 | 0.00000923. We may consider entering a trade at the current price zone at 0.00001288 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001288 ₿
▣ 24HVol: 17.668 ₿
▣ 24hChng: -0.31%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001304 | 0.00001379 | 0.00001531
◢ Support: 0.00001152 | 0.00001075 | 0.00000923
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.47 - Bearish
▣ Reddit sentiment score is 0.82 - Very Bullish
▣ In-depth KMDBTC 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -