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ADAUSDT ShortTime Frame: 4H Symbol: ADAUSDT Entry: 0.3671 TP: 0.3414 SL: 0.3849 Bias: Short Today we see no commitment of critical cost development. The ongoing cost setting uncovers some unremarkable trading open doors across different instruments. We want to go for our plotted projections while exchanging individual money matches. The main thing is cash the executives . In the event that we can appropriately deal with the position ,any predisposition can be transformed into positive result. Our projection is directed by short and long haul specialized and central examination.
Short
by NationCryptoSignals
Neutral Territory with Short-Term Bearish Trend Ahead of FOMCBitcoin's current price is $28070 with a -0.87% change in the past 24 hours. The Relative Strength Index (RSI) is at 61.5, which suggests that the coin is currently in neutral territory. Looking at the Fibonacci retracement levels on the 4-hour timeframe, we see that Bitcoin is currently trading below the 0.5 Fibonacci level at $26184, which suggests that the short-term trend is bearish. However, the price is still above the 1.618 Fibonacci level at $21069, indicating that the long-term trend is still bullish. The upper Bollinger band on the 4-hour timeframe is at $28375, which is acting as resistance for the coin. On the other hand, the lower Bollinger band is at $26780, providing support. The middle Bollinger band, which is currently at $27577, is acting as a neutral zone. The volume oscillator is at -1.36%, suggesting that the current trading volume is lower than the average volume. The Moving Average Convergence Divergence (MACD) is at 560, indicating that the short-term trend is bullish. The stochastic oscillator is at 73, which is a neutral zone. The hourly Exponential Moving Average (EMA) 50 is at $26045, acting as support for the price. The On-Balance Volume (OBV) is at 2.598M, suggesting that there is bullish sentiment in the market. The Federal Open Market Committee (FOMC) meeting is approaching, which could impact the price of Bitcoin. Traders should keep an eye on the news to get a better idea of how the market may move. Comparing this analysis to the previous analysis, we can see that the current price has decreased from $34543 to $28070. The RSI has shifted from overbought territory to neutral territory, indicating a decrease in buying pressure. The Fibonacci levels have shifted, with the coin currently trading below the 0.5 Fibonacci level, indicating a short-term bearish trend. The volume oscillator has shifted from a positive reading to a negative reading, suggesting that the current trading volume is lower than the average volume. The MACD has shifted from a bearish reading to a bullish reading, indicating a shift in the short-term trend. Finally, the OBV has increased from 1.398M to 2.598M, indicating an increase in buying pressure.
by MonoCoinSignal
31
ADAUSDT LongTime Frame: 4H Symbol: ADAUSDT Entry: 0.3394 TP: 0.3669 SL: 0.3240 Bias: Long It is by and large fitting to move toward speculation choices with alert and to think about various variables, including what is going on and risk resistance, prior to settling on any venture choices. It is likewise really smart to talk with a monetary expert or to direct your own examination and investigation prior to settling on any venture choices. The projections can be followed as an aide for transient open doors.
Long
by NationCryptoSignals
1
ADAUSDT LongTime Frame: 4H Symbol: ADAUSDT Entry: 0.3274 TP: 0.3554 SL: 0.3074 Bias: Long Giving continuous or future estimates for monetary markets is troublesome. It is essential to take note of that monetary business sectors are exceptionally unique and dependent upon many variables that can influence their developments. Therefore, it is unimaginable to anticipate their future exhibition with sureness precisely. We have given our all to extend plausible course on the outline.
Long
by NationCryptoSignals
A Deep Dive into Bitcoin's Technical Analysis and News ImpactBitcoin's current price is $24700, and it's being analyzed over a 4-hour timeframe. The Relative Strength Index (RSI) is 64, indicating that the cryptocurrency is in slightly overbought territory but still has some room to grow. The Volume oscillator is -8.52%, which indicates lower trading volume than average. The Moving Average Convergence Divergence (MACD) is currently at 1010, which indicates that the bullish momentum is strong, but it could turn into a bearish one if the trend reverses. On the technical side, the 4-hour timeframe Fibonacci retracement levels suggest that Bitcoin's support levels are at 0.5 Fibonacci level of $22967 and 1 Fibonacci level of $19549, and resistance levels are at 0 Fibonacci level of $26386 and upper Bollinger band of $26813. The lower Bollinger band of $19820 is acting as strong support. The middle Bollinger band of $23317 indicates the average price level. Bitcoin is facing a sharp correction in its price. The Paxful founder called the recent pump to $26000 as weak, indicating that it could be a bubble. On the other hand, a South Korean trader lost almost $1 million by shorting Bitcoin. Based on the technical analysis, it seems that the current price of Bitcoin is likely to experience some resistance at the 0 Fibonacci level of $26386 and the upper Bollinger band of $26813. It may also find some support at the 0.5 Fibonacci level of $22967 and the lower Bollinger band of $19820. The sharp correction could have contributed to the lower trading volume indicated by the volume oscillator. The Paxful founder's statement may have added to the bearish sentiment, but the strong bullish momentum indicated by the MACD and Stochastic oscillators suggests that the current price drop may not last for long. Regarding opening long or short positions, it depends on an individual's trading strategy and risk tolerance. However, here are some possible scenarios: Long position: If the price bounces off the strong support levels and starts to move upwards, it could be a good spot to open a long position. Additionally, if the price breaks above the strong resistance levels with strong momentum, it could also be an opportunity to open a long position. Short position: If the price breaks below the strong support levels with strong momentum, it could be a good spot to open a short position. Additionally, if the price reaches strong resistance levels and shows signs of rejection or reversal, it could also be an opportunity to open a short position. It's essential to keep in mind that any trading decision should be made with proper risk management techniques in place, such as setting stop-loss orders and taking profits at predetermined levels. Additionally, traders should keep an eye on any relevant news or events that could impact the price of Bitcoin.
by MonoCoinSignal
35
ADAUSDT LongTime Frame: 4H Symbol: ADAUSDT Entry: 0.3518 TP: 0.3781 SL: 0.3319 Bias: Long Giving ongoing or future estimates for monetary markets is troublesome. It is vital to take note of that monetary business sectors are exceptionally unique and dependent upon a large number of elements that can influence their developments. Subsequently, it is preposterous to anticipate their future presentation with conviction precisely. We have given our all to extend likely bearing on the graph.
Long
by NationCryptoSignals