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CTK/USDT - CertiK: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $CTK / 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 0.765 | 0.791 | 0.86, and the major support zones can be found at 0.696 | 0.653 | 0.584. Consider entering at the current price zone of 0.753 and targeting higher levels. ◰◲ General info : ▣ Name: CertiK ▣ Rank: None ▣ Exchanges: Binance, Bybit, Gateio, Mexc, Hitbtc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: None ◰◲ Technical Metrics : ▣ Mrkt Price: 0.753 ₮ ▣ 24HVol: 534,404.273 ₮ ▣ 24H Chng: 1.074% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 0.765 | 0.791 | 0.86 ◢ Support: 0.696 | 0.653 | 0.584 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: 1.11 ▣ Last 3-Y: -0.43 ◲◰ Volatility : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: 0.90 ▣ Last 3-Y: 1.19 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.70 - Bullish ▣ Reddit sentiment score is 0.84 - V. Bullish ▣ In-depth CTKUSDT 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 -
by Crypto2AF
ALGO/BTC - Algorand: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the SIX:ALGO / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000622 | 0.00000639 | 0.00000677, and the major support zones can be found at 0.00000584 | 0.00000563 | 0.00000525. Consider entering at the current price zone of 0.00000623 and targeting higher levels. ◰◲ General info : ▣ Name: Algorand ▣ Rank: 42 ▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Unlike other PoS models, PPoS does not reward, nor does it put validator or user funds at risk of being slashed (a loss of funds used to promote honest node and user behavior). Algorand intends to eventually leverage its PPoS design to form the foundation for an on-chain governance system. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000623 ₿ ▣ 24HVol: 14.526 ₿ ▣ 24H Chng: 2.467% ▣ 7-Days Chng: 2.40% ▣ 1-Month Chng: -27.91% ▣ 3-Months Chng: -37.87% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000622 | 0.00000639 | 0.00000677 ◢ Support: 0.00000584 | 0.00000563 | 0.00000525 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -6.44 ▣ Last 90D: -1.69 ▣ Last 1-Y: -0.75 ▣ Last 3-Y: 0.51 ◲◰ Volatility : ▣ Last 30D: 0.55 ▣ Last 90D: 0.75 ▣ Last 1-Y: 0.87 ▣ Last 3-Y: 1.20 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.60 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth ALGOBTC 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 -
by Crypto2AF
DASH/BTC - Dash: Super_Trend◳◱ We've detected a Super Trend pattern on the NYSE:DASH / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.001605 | 0.001679 | 0.001828 and the major support zones are respectively at 0.001456 | 0.001381 | 0.001232. We may consider opening a trade position at the current price zone at 0.001582 and benefit from the trend continuation. ◰◲ General info : ▣ Name: Dash ▣ Rank: 89 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Dash is a fork of Bitcoin that focuses on the payments use case. It has introduced a number of features to the industry including masternodes, LLMQs, ChainLocks, and InstantSend, which target scalability, speed, reliability, cost-effectiveness, and user experience. The Dash network is also the longest-running decentralized autonomous organization, utilizing on-chain governance to allocate network resources toward projects and organizations that support the network. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.001582 ₿ ▣ 24HVol: 5.374 ₿ ▣ 24H Chng: 2.861% ▣ 7-Days Chng: 1.90% ▣ 1-Month Chng: -29.66% ▣ 3-Months Chng: -41.50% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.001605 | 0.001679 | 0.001828 ◢ Support: 0.001456 | 0.001381 | 0.001232 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -6.03 ▣ Last 90D: -1.59 ▣ Last 1-Y: -0.05 ▣ Last 3-Y: 0.36 ◲◰ Volatility : ▣ Last 30D: 0.64 ▣ Last 90D: 0.80 ▣ Last 1-Y: 0.82 ▣ Last 3-Y: 1.10 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.59 - Bullish ▣ Reddit sentiment score is 0.45 - Bearish ▣ In-depth DASHBTC 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 -
by Crypto2AF
BCH/BTC - Bitcoin Cash: ◳◱ Technical analysis to be included soon, stay tuned! ◰◲ General info : ▣ Name: Bitcoin Cash ▣ Rank: 29 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Bitcoin Cash is a Bitcoin hard fork advocating for and building towards a literal interpretation of Bitcoin as a "peer-to-peer electronic cash system". It views cheap peer to peer transactions as the core value proposition of the network and is dedicated to increasing block sizes and on-chain transaction throughput in pursuit of this goal. Bitcoin Cash believes that starting as a medium of exchange is the superior route to becoming money in opposition to Bitcoin's strategy of first optimizing for securely storing value. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00434 ₿ ▣ 24HVol: 41.511 ₿ ▣ 24H Chng: 4.327% ▣ 7-Days Chng: -5.00% ▣ 1-Month Chng: -11.37% ▣ 3-Months Chng: -8.46% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00423 | 0.00437 | 0.00463 ◢ Support: 0.00397 | 0.00385 | 0.00359 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -2.56 ▣ Last 90D: -0.31 ▣ Last 1-Y: -0.31 ▣ Last 3-Y: 0.27 ◲◰ Volatility : ▣ Last 30D: 0.54 ▣ Last 90D: 0.59 ▣ Last 1-Y: 0.76 ▣ Last 3-Y: 1.02 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.56 - Bullish ▣ Reddit sentiment score is 0.27 - V. Bearish ▣ In-depth BCHBTC 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 -
by Crypto2AF
GBPUSD Potential bullish reversal coming?Fundamental Analysis GBP/USD market movers The governor of the Bank of England, Andrew Bailey, recently spoke about how the inflation readings for April are expected to show a significant drop as the effects of higher fuel and food prices from last year are no longer in the equation. Although there are signs that inflation is easing, Bailey also mentioned that the secondary effects of high inflation are still present and that there are potential risks for inflation in the future. Bank of England's recent policy meeting went as expected with no surprises. The BoE decided to raise interest rates by 25 basis points to 4.50%, which was the same decision made at the previous meeting. This decision was voted on by a 7-2 majority. In the UK, inflation is currently at 10.1%, which is more than double the 4.9% reading in the US. The core inflation rates in both countries are closer, with the UK at 6.2% and the US at 5.5%. However, this suggests that the UK will likely continue to raise interest rates after the Federal Reserve (Fed) has stopped, which may benefit the Pound Sterling over the US Dollar as global investors tend to prefer currencies with higher interest rates to invest their money. Looking at the US Dollar and the potential risks associated with the US debt ceiling default. US Treasury Secretary Janet Yellen recently warned that a failure to raise the debt ceiling could result in an "economic and financial catastrophe." This could have an impact on the US Dollar moving forward. The US Bureau of Labor Statistics released the Producer Price Index (PPI) for April, with both the annual headline and core figures coming in slightly below expectations. Additionally, the US Department of Labor's weekly Initial Jobless Claims were higher than expected, with 264K new first-time unemployment claims filed. Technical Analysis From a technical perspective, from our point of view, GBP/USD remains in a long-term uptrend, advantaging long over short holders even if price was to break below the TL, which would means that the current correction will be longer and deeper before breaking the Highs of May 2022, please see chart analysis above for details.
Long
by financialflagship
ETH/BTC - Ethereum: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the CRYPTOCAP:ETH / CRYPTOCAP: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 located at 0.066486 | 0.068992 | 0.072769, and the major support zones can be found at 0.062709 | 0.061438 | 0.057661. Consider entering a trade at the current price zone of 0.06616 and targeting higher levels. ◰◲ General info : ▣ Name: Ethereum ▣ Rank: 2 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.06616 ₿ ▣ 24HVol: 4,456.371 ₿ ▣ 24H Chng: 0.994% ▣ 7-Days Chng: 2.69% ▣ 1-Month Chng: 3.04% ▣ 3-Months Chng: 19.03% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.066486 | 0.068992 | 0.072769 ◢ Support: 0.062709 | 0.061438 | 0.057661 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 0.07 ▣ Last 90D: 1.20 ▣ Last 1-Y: -0.05 ▣ Last 3-Y: 1.26 ◲◰ Volatility : ▣ Last 30D: 0.55 ▣ Last 90D: 0.56 ▣ Last 1-Y: 0.82 ▣ Last 3-Y: 0.90 ◳◰ Market Sentiment Index : ▣ News sentiment score is 0.69 - Bullish ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.54 - Bullish ▣ In-depth ETHBTC 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 -
by Crypto2AF
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 -
by Crypto2AF
9
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!
Long
by financialflagship