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USDT-D

Bitcoin can little correct and then continue to move upHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a few days ago started to grow inside the upward channel, where it at once reached the resistance line of the channel. Then the price rose to the support area, which coincided with the 66800 support level, and then turned around and made a correction to the support line of the upward channel. When the price fell, it turned around and in a short time rose to the 66800 level, broke it, and then some time traded near. Later, BTC bounced from this level and rose almost to the resistance line of the channel, after which turned around and corrected to the support level, where at once made a strong upward impulse to the resistance line. Price some time traded between this line and later exited from a channel and continued to move up. Some time later, the price reached 86800 current support level, which is located inside one more support area and broke this level. Now BTC trades near this level and in my mind, the price can make a small correction, below the support level, and then continue to grow, and even reach new ATH. For this case, I set my TP at 94000 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
WAGYUSWAP Technical Analysis & Trading Plan by Blaž FabjanWAGYUSWAP Cryptocurrency Technical Analysis & Trading Plan WAGYUSWAP is currently at a very low market cap, presenting an exceptional opportunity for investors. As the primary exchange for the Velas ecosystem, it holds significant promise. Velas is undergoing a transformative fork from Solana, which will bring vast improvements to its blockchain. When the fork is completed and fully developed, the price of WAGYUSWAP is expected to skyrocket, potentially creating significant returns for those who invest now. This is a rare opportunity to position yourself for massive gains. Not a financial advice :) Technical Overview The chart above shows the price action of WAGYUSWAP paired with Tether (WAGYUSDT) in a 4-hour time frame. Currently, the cryptocurrency is showing a strong ascending trading channel, indicating an ongoing bullish trend. Key Indicators: Volume Analysis: The volume indicator shows increasing buying activity, which is a strong sign that the market is gaining momentum. Currently, the volume is 69.194K, which is healthy and showing interest in the coin. RSI (Relative Strength Index): The RSI is currently at 66.94, which is just below the overbought zone. This suggests that while the market is in bullish territory, there is still room for upward movement before it reaches the overbought condition. This is a good sign for further upside potential. Stochastic Oscillator: The Stochastic indicator is sitting at 67.93, indicating a potential continuation of the uptrend. A reading above 60 often signals a strong bullish trend, further confirming the current bullish sentiment. Money Flow Index (MFI): The MFI is currently at 36, which is low but shows the potential for a reversal into positive territory. This suggests that the market is likely to see inflows, further confirming the buying interest in the cryptocurrency. VMC Cipher B Divergence: This indicator is showing some promising signs of continued upward movement. The green dots indicate bullish divergences, which suggest that buying pressure is building and could result in higher prices. Price Action and Trend: The price is moving in a well-defined ascending trading channel, with a breakout likely imminent. The market has just tested the lower boundary of this channel, which is the perfect accumulation point for investors who wish to enter before the price surges. The key support levels lie at 0.0006005 and 0.0013976, with the upper boundary marked by the blue line indicating the potential for price targets as high as 0.0015419. A breakout above this level could see significant movement to the upside. Trading Plan Entry Strategy: Now on spot trading and wait until there is a good opportunity to take gains out. Simple as that! Timing: The breakout is imminent, as indicated by the chart's technical structure. This is a time-sensitive opportunity, so ensure you are ready to act as the market shows signs of upward movement. Time to invest is NOW before the price takes off due to the strong bullish momentum and the upcoming developments in the Velas ecosystem. Conclusion The current price of WAGYUSWAP is a golden opportunity for investors. With the development of the Velas fork for Solana, the potential for massive upside is clear. The price action shows bullish momentum, and the technical indicators suggest a strong continuation of the trend.
Long
by elfabiiani
Bitcoin on the Path to Unprecedented Success. Trade plan!Technical Analysis for Bitcoin (BTC/USD) Chart Observations Falling Wedge Pattern: A bullish reversal pattern is forming, indicating potential upward momentum if the price breaks above the resistance trendline. Breakout scenarios typically target the previous high or a significant resistance level. Support and Resistance Zones: Resistance Zone: Around $91,000-$92,000, visible as the upper orange zone. Support Zone: Around $78,000-$79,000, visible as the lower orange zone. Indicators: RSI (Relative Strength Index): Currently at 38.08, showing oversold conditions and a potential for upward momentum. Stochastic Oscillator: Indicates bullish divergence with oversold conditions, suggesting a potential upward price movement. HMA (Hull Moving Average): Neutral to slightly bullish, sitting at 53.63. Money Flow Index (MFI): Showing outflows (red), indicating possible selling pressure. Volume: Relatively low, suggesting a lack of conviction in either direction. A breakout accompanied by high volume will confirm the next major move. Divergences: Visible bullish divergences on the VMC Cipher B suggest a potential reversal if the falling wedge resistance is broken. Trading Plan Scenario 1: Bullish Breakout Trigger: Break and close above the falling wedge resistance with strong volume confirmation. Entry: Place a long position at $86,500-$87,000. Targets: First Target: $90,000 (conservative). Second Target: $92,000 (major resistance zone). Stop Loss: Below the wedge breakout level at $84,500. Risk-Reward Ratio: Aim for 3:1. Scenario 2: Bearish Breakdown Trigger: Break and close below the wedge support with strong volume. Entry: Place a short position at $84,000-$83,500. Targets: First Target: $80,000 (conservative). Second Target: $78,000 (lower support zone). Stop Loss: Above the wedge support at $86,000. Risk-Reward Ratio: Aim for 3:1. Risk Management Allocate 1-2% of your portfolio per trade. Monitor key levels and indicators, particularly volume spikes, RSI, and stochastic trends. Keep an eye on macro news and Bitcoin-related announcements that could influence market sentiment. If the price remains range-bound within the wedge, avoid over-trading and wait for a breakout confirmation. Ensure all trades are backed by stop-loss orders to manage potential losses effectively.
BINANCE:BTCUSD
by elfabiiani
USDT dominance chart update details: “death cross” has formed, where a short-term moving average (possibly the 50-day, shown in red) has crossed below a long-term moving average (possibly the 200-day, in green). This pattern typically suggests a bearish signal, indicating the potential for further declines in USDT dominance. The overall direction appears downward, with USDT dominance testing lower support areas within a descending channel. Key support levels are marked in green and gray. The current price level is slightly above the major support area around 5.0%. The chart suggests a possible continuation downward, with the next significant support area near 4.0%. The large downward arrow indicates a bearish outlook for USDT dominance, suggesting potential further declines toward the 4.0% range if current support levels fail to hold. This chart indicates that if USDT dominance continues to decline, this could correlate with a potential uptrend in the broader crypto market, as money flows from stablecoins into other assets. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
CRYPTOCAP:USDT.D
by CryptoSanders9563
1
Bitcoin can make correction and then rise to 80K, and even moreHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price traded inside the buyer zone and soon broke the 67600 level, after which made a retest and continued to grow. In a short time, BTC rose to current support level, which coincided with the support area, and then started to decline inside the wedge. When the price fell to the 67600 support level, it entered the buyer zone, rebounded from the support line of the wedge, and started to grow. Firstly it corrected and then rebounded up to the current support level. Price broke this level, made a retest, and continued to grow to the resistance line of the wedge. Bitcoin some time traded near this line and later corrected to support line of the wedge pattern, after which it made an upward impulse. After this movement, the price exited from the wedge and now reached a new ATH (79800 points), after which made little correction. Now, it continues to rise, so, in my opinion, the price can make a correction movement and then start to grow. Also, I think it can reach new ATH, so, I set my target at 81500 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
13
HelenP. I Bitcoin can rise a little and then make correctionHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price declined to the trend line and then started to grow near this line. Some time later, the price broke this line and fell below, after which it continued to move up between the trend line. Then BTC broke the 2nd support level (65500) and rose a little more, after which made a correction to this level, breaking the trend line one more time. Later, price turned around and quickly rose to the trend line, broke it, and then reached support 1. After this movement, BTC made a correction below the trend line and when the price fell to 67200 points, it turned around and made a strong impulse up, breaking the trend line with 1st support level. Next, the price made a few correction and continued to move up. Now, I expect that BTCUSDT will grow to 83500 and then make a correction movement. For this case, I set my goal at 78500 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
4
HelenP. I Bitcoin will correct to support zone and continue riseHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price declined to the trend line and then at once rebounded up and rose to support 2, which coincided with the support zone. Soon, the price broke this level, made a retest, and continued to grow, but later turned around and made a correction movement to support 2. Then, BTC tried to grow again but made a correction one more time to the trend line, and then it finally started to rise. In a short time, BTC grew to support 1, which coincided with one more support zone, some time traded near and then dropped to the trend line. Price some time traded between this line and later made a strong impulse up, breaking support 1 and even rising higher than the support zone. At the moment, the price continues to move up and I expect that BTCUSDt will correct to the support zone and then continue to move up. For this reason, I set my goal at 77400 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
5
BITCOIN - Price can bounce from resistance line and start fallHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some time ago price entered to rising channel, where it at once bounced from $63600 level and started to trades below. Price some time traded below and even declined almost to support line of channel, after which bounced and started to grow. Soon, price broke $63600 level and later reached resistance line of channel, but then turned around and made correction. After correction, BTC turned around and in a short time rose to $73600 level, but at once made correction to support line. But then price made impulse up, thereby breaking $73600 level and now it trades near resistance line of channel. BTC can bounce from resistance line and start decline to $72600 which is located support area. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
5
FTMUSDT - Inverse Head & Shoulders - A Prime Long Opportunity?1.) Quick Overview On the FTM/USDT 4-hour chart, an inverse Head & Shoulders pattern is shaping up, often hinting at a bullish reversal. If the pattern completes, this could offer an excellent long setup. The key level to watch is around the mOpen at $0.6555, where the price is expected to dip and complete the “right shoulder,” potentially setting the stage for a strong bounce. 2.) Deep Dive: Chart Analysis Inverse Head & Shoulders Pattern: - Left Shoulder: Formed near $0.6342. - Head: A deeper low at $0.4744, marking the low point of the pattern. - Right Shoulder (In Progress): Expected to complete around mOpen at $0.6555. If the price touches down here and holds, it could serve as an ideal long entry point. Fibonacci Retracement: - The 0.382 Fibonacci retracement level aligns near $0.6555, supporting the right shoulder as a potential bounce zone. Key Levels to Watch: - mOpen at $0.6555: This is our primary entry level, where the right shoulder could find support. - VAL (Volume Area Low) at $0.6324: Another important support zone where the anchored VWAP also aligns, reinforcing this area as a significant base. If the price dips below mOpen, the VAL may act as a secondary support level. - VAH (Volume Area High) at $0.7262: Our initial target if the inverse Head & Shoulders completes, with potential for further gains. Volume Profile: - Increased volume near the head formation suggests accumulation, supporting a bullish scenario if the right shoulder completes as expected. 3.) Trade Setup - Entry: Look for a long entry around $0.6555. - Stop Loss: Place the stop loss just below $0.58 to manage risk if the pattern fails. - Target: Initial target at $0.7262 with room for more upside if the breakout continues. - Risk-to-Reward: Favorable setup with solid support and a high-probability bounce area. 4.) Final Thoughts - With the combination of the inverse Head & Shoulders, support at mOpen, Fibonacci, and anchored VWAP at the VAL, this FTM/USDT setup looks promising for a long position. Watch for confirmation around $0.6555 to see if the right shoulder completes. Disclaimer This analysis is for educational purposes and should not be taken as financial advice. Always do your own research and manage risk carefully!
FLong
by SiDec