#USDT Tether Update and Altcoins!#USDtether Considering this scenario plays out, you'll see green across the market, especially Altcoins!
I am working on a list of Altcoins you must consider adding to your portfolio with charts and deep fundamental analysis.
Previously the Alts like CREO ML ORAI AITECH did 5x to even 40x!
If you want me to make it public, like this post and retweet.
200 likes, and I'll consider posting the private list of gems!
#Crypto #Bitcoin #USDT
Usdt
USDT.DOMINANCE CHART UPDATE BY CRYPTOSANDERS !!Hello, welcome to this usdt.dominance update by CRYPTO SANDERS.
Analysis of #USDT Dominance:
USDT.D has experienced a decrease subsequent to the breakdown of the ascending triangle pattern. The Ichimoku cloud suggests a prevailing bearish trend. Presently, it faces resistance at the Moving Average (MA) 200.
A potential scenario could involve rejection from this juncture, while a clear breakout above the MA 200 would indicate the onset of bullish momentum. It's crucial to acknowledge that USDT.D typically exhibits an inverse correlation with the broader cryptocurrency market.
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BNBUSDT - Price can make small move up and then continue fallHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price declined to support level, which coincided with support area and at once bounced up.
When BNB reached resistance line, it turned around and in a short time declined below $537 level.
But then, price turned around and started to grow inside rising channel, where BNb broke $537 level one more time.
Later, price rose to $605 level, and even soon entered to resistance area, where BNb some time traded.
After this, BNB bounced from this area and declined lower $605 level, breaking it and recently even exiting from rising channel.
Now, I think that Binance Coin can make small move up and then continue to decline to $555
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HelenP. I Ripple can continue to decline to $0.4670 levelHi folks today I'm prepared for you Ripple analytics. If we look at the chart, we can see how the price a not long time ago rebounded from the resistance level, which coincided with the resistance zone and made a strong impulse down to the trend line, thereby breaking the support level. But soon, XRP turned around and in a short time rose higher 0.4670 level, breaking it again and later making a retest. After this, it some time traded near the support level, after which it made a correction to the trend line. After correction, Ripple rebounded from the trend line and started to rise to the resistance level, and when the price reached this level, it entered to resistance zone. Price some time traded in this area, after which turned around and made an impulse down to the trend line, breaking the 0.5435 level. Soon, the price broke the trend line too and declined lower, and now XRP continued to move down, so, for my mind, Ripple will continue to decline to the support level. That's why I set my target at the 0.4670 level. If you like my analytics you may support me with your like/comment ❤️
Bitcoin can exit from pennant, turn around, and then start riseHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago reached the 68800 level, which coincided with the seller zone and soon broke it, after which continued to move up. Later, the price rose to the resistance line and then at once made a downward impulse to the support line, which coincided with the support level and buyer zone, thereby breaking the 68800 level again. Then the price started to rise to the resistance level, and when BTC reached it, the price broke it one more time and rose to the resistance line, but then Bitcoin at once bounced down to the support line, breaking the resistance level. Next, the price rebounded from the support line and made an impulse up a higher resistance level with line, breaking them, after which BTC turned around and started to decline inside a downward pennant. Inside the pennant, the price broke the 68800 level, and soon the support line too, after which Bitcoin fell lower buyer zone to the support line of the pennant, breaking the 61500 level as well. But a not long time ago price turned around and made an impulse up to the resistance line, making a fake breakout of the 61500 level, after which BTC rebounded from this line and fell to the support line. Now, the price continues to trade near this line and I think Bitcoin can exit from the pennant and decline to the support level. After this movement, the price will turn around and start to grow, therefore I set my target at the 65800 level. Please share this idea with your friends and click Boost 🚀
#US DOLLAR ANALYSIS BY CRYPTOSANDERS !!
US Dollar Weekly Update.
The US dollar has experienced a surge after breaking out of the symmetrical triangle pattern. Presently, it has surpassed the Ichimoku cloud and is facing horizontal resistance. The Relative Strength Index (RSI) suggests an overbought condition.
A potential rejection appears likely, whereas a significant breach of the horizontal resistance would validate bullish momentum. It's important to consider its typical inverse correlation with the cryptocurrency market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my profit and losses. So, do your research before investing in this trade.
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RED is for buying! gotta bet on this one! Afternoon fellas,
Figured I'd come back with another one during these red days...
Pumped the other day and I did sell some. But looking into this setup following up the previous pump.
This post is also a follow-up from the previous post. Check it out!
Trade thirsty.
USDT Dominance (1H) and possibility of a riseAnalysis on USDT.D chart (1H) suggests that a falling wedge pattern is being formed(other confluences such as divergence also hint at this pattern). if confirmed (breakout from above the pattern), market can dump for a day or two. Remember that a rise in USDT.D means a dump in the BTC and the crypto market. if the pattern fails, the current pump in coins shall continue with a stronger momentum. possible tp levels: 4.74% - 4.84% - 4.88% - 4.94%
BITCOIN - Price can fall almost to support level and bounce upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price started to trades in wedge, where it at once made downward impulse from resistance line to $67100 level.
Soon, BTC broke this level, which coincided with resistance area, and fell to support area, after which bounced up.
Price almost rose to $67100 level, after which turned around and in a short time declined to support line of wedge.
But soon it bounced up and rose higher $61700 level, making fake breakout and continuing to grow to resistance line.
When BTC reached this line it bounced and declined to support line and even a not long time ago exited from wedge.
Now, I think Bitcoin can decline almost to support level and then bounce up to $66100
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ALGOUSDT.1DOn the daily chart for Algorand (ALGO/USDT), ALGO appears to be in a downtrend, as highlighted by the descending trendline. The price has recently faced rejection at this trendline and is currently trading at $0.1994. There is a crucial support level (S1) at $0.1319, which could be an area of interest for buyers.
Resistance levels are established at $0.2846 (R2) and $0.3373 (R3), with R1 being the descending trendline itself. The RSI is below the midpoint at 46.63, suggesting mild bearish momentum without being in oversold territory. The MACD is below zero and the signal line, indicating bearish momentum is present.
Traders might look for potential shorting opportunities at the trendline rejections, with targets set near S1. A break below S1 could indicate a continuation of the bearish trend. Conversely, a break above the trendline could signal a change in trend and potential buying opportunities, with resistance levels as targets. It's important to monitor for a potential reversal pattern or bullish indicators before considering a long position.
XRPUSDT.1DOn the daily chart for Ripple (XRP/USDT), XRP is exhibiting a range-bound behavior, oscillating between defined levels of support and resistance. The price is currently near $0.5203, with a noticeable support level (S1) at $0.4697. Above, there is resistance at $0.5746 (R1), and a further resistance (R2) at $0.6686.
The RSI is in the lower half of the range at 42.28, which can suggest bearish momentum but not yet oversold, providing potential room for downward movement. The MACD is slightly below the signal line, reinforcing the bearish sentiment as it suggests the possibility of further decline.
For traders, the area around S1 could be seen as a potential entry point for a long position if they believe the support will hold, with a stop loss set below S1 to mitigate risk. A break below S1, however, could signal a stronger bearish trend and a potential short opportunity. Conversely, a move above R1 could indicate a shift to a bullish outlook, potentially targeting R2. Trading decisions should be accompanied by other technical indicators and volume analysis for better confirmation.
BNBUSDT.4HIn the 4-hour chart for Binance Coin (BNB/USDT), BNB is trading within a range, with price action fluctuating between support and resistance levels. The resistance (R1) at $652.6 represents the upper boundary of the range, while the support (S1) at $496.1 acts as the lower boundary. There's an additional support level (S2) at $349.9, marked by earlier price interactions.
The current price is at $606.1. The RSI is at a neutral 58.56, suggesting that there's room for movement in either direction without being in the overbought or oversold territory. The MACD is hovering around the signal line, indicating a balance between buyers and sellers with no clear momentum.
For traders, watching for a breakout above R1 could provide a bullish signal, while a break below S1 might suggest bearish momentum. The strategy could involve entering trades following a bounce from S1 or a breakout above R1, with appropriate risk management measures such as stop-loss orders. Confirmation from trading volume would strengthen the signal for entry.
PENDLEUSDT.4HThe 4-hour chart for Pendle (PENDLE/USDT) indicates a consolidation pattern, where the price is compressing within a symmetrical triangle. This pattern typically suggests a continuation of the prior trend, which in this case has been upward.
The price is currently trading near $6.053. The first resistance (R1) is marked by the upper trendline of the triangle, while a more significant resistance (R2) is at $7.545. The primary support level (S1) is the lower trendline of the triangle at around $5.462, with a secondary support (S2) being the previous low around the $1.604 mark.
The RSI is moderately neutral at 54.42, suggesting there’s room for a move in either direction. The MACD is close to the signal line but slightly above, indicating potential for bullish momentum.
As the price approaches the apex of the triangle, a breakout in either direction could signify the next strong move. A break above the triangle could target R2, while a breakdown below could see a move towards S2. Trading strategies might include waiting for a confirmed breakout with volume for direction.
BTCUSDT.1DThe daily chart for Bitcoin (BTC/USDT) shows that Bitcoin is currently in a consolidation phase, with the price hovering around $64,406. The chart displays key resistance (R1) at $67.028.28 and subsequent resistance (R2) around the all-time high of $73,777.00. Support levels are evident at $63,097.93 (S1), $59,065.59 (S2), and a stronger historical support at $56,226.29 (S3).
The RSI is neutral, hovering around 45.60, which doesn't signal an overbought or oversold market. The MACD is slightly below the signal line, indicating bearish momentum, though the histogram shows it’s lessening, which could prelude a potential reversal or stabilization.
Trading strategy could focus on the breakout or bounce from these key levels. A break above R1 could indicate potential bullish momentum, while a fall below S1 might suggest further decline towards S2 or S3. As always, confirmation from other indicators and volume should be considered for a comprehensive analysis.
Ethereum can make small movement up and then bounce downHello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some time traded between the resistance level, which coincided with the seller zone, and after the price broke it again, ETH turned around and in a short time declined to 3230 points, breaking the resistance level one more time. Then the price a few moments later turned around and made a strong upward impulse, breaking the 3530 level again, but soon turned around and entered to downward pennant. In this pattern, ETH made a downward impulse to support line, breaking 3530 and 3115 levels. But soon, Ethereum made impulse up from the support line of the pennant to the support level, which coincided with the support area and even rose higher but later declined back to the support line. A not long time ago price bounced from the support line and in a short time rose to the resistance line of the pennant, breaking the 3115 level again. Soon, Ethereum exited from the pennant pattern and now it continues to rise. In my opinion, ETH can rise a little more and then decline to the 3115 support level, which is my target. Please share this idea with your friends and click Boost 🚀
HelenP. I Bitcoin can break trend line and continue to declineHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price broke the 71000 resistance level, which coincided with the resistance zone, and started to trades inside consolidation. In range, the price in a short time declined to the 62600 support level, which coincided with the support zone, and even later made a fake breakout, after which turned around and made impulse up. Then BTC made a correction, after which rose to a resistance level and some time traded near, trying to break it, but failed and made a correction movement. After this, Bitcoin in a short time rose to the trend line, thereby exiting from consolidation, after which it turned around and started to decline. The price broke the 71000 resistance level again and made a retest, after which the price made impulse down to the support level. Soon, BTC broke this level and declined below, but a not long time ago it turned around and made a strong impulse up, breaking the 62600 level and recent trend line. Just now, Bitcoin continues to trades near the trend line and I expect that the price can continue to decline to a support level, breaking the trend line again. For this case, I set my target at the 62600 level. If you like my analytics you may support me with your like/comment ❤️
🔥 Comparing Bitcoin's Price After The Halving: Massive Pump! In this analysis I want to take another look at Bitcoin's performance after the halving.
As known by now, Bitcoin halvings have always led to a massive pump in Bitcoin's price. My expectation is that this halving won't be any different.
Yes, I've mentioned a couple of times that I see a decent probability for the halving to be a sell-the-news event, since we made a new all-time high before the halving for the first time ever. Second halving as an example.
However, Bitcoin's 1 year outlook is still looking extremely bullish. I expect that we're going to reach 100k this year, maybe even 150k with some luck.
It's too early to tell where Bitcoin will top out. You can check my most accurate prediction below:
Pump or dump? Share your thoughts 🙏
OCEAN is screaming buy meBINANCE:OCEANUSDT , 1d
Price is trading above the 200SMA suggesting that the long term trend is intact.
The downward trendline has been broken and has been consolidating for the past two days.
On the 4h, price has formed an imperfect cup and handle with the consolidation being the handle. The MACD line has crossed above the signal line indicating a bullish momentum.
The only downside i see here is the lack of adequate volume on the breakout candle. It still remains interesting to keep an eye on since a break above the consolidation (base or handle) could propel price to higher highs resuming the uptrend.
Breakout traders would put their stop loss (SL) below the consolidation and target the market structure highs.
As always, “anything can happen” so let the market unfold and react accordingly. #DYOR
Bitcoin can reach resistance line of channel and then start fallHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and little declined, but soon BTC turned around and back to the seller zone. After this movement, the price in a short time declined from the seller zone to the support line, breaking the 70900 level again. Next, the price turned around and started to move up to the resistance level, and when BTC reached this level, it rose a little higher, after which turned around and made a downward impulse. Bitcoin broke even the support line, after which in a short time declined to the buyer zone, which coincided with the support level, but soon rose in out from this area, making a fake breakout. Later price a little rose, slightly and then declined lower buyer zone, but recently BTC turned around and started to move up inside the upward channel, where the price broke the 62100 level again and continued to move up. At the moment, I think Bitcoin can reach the resistance line and then start to decline to support line of the upward channel. For this case, I set my target at 64400 points, which coincided with this line. Please share this idea with your friends and click Boost 🚀
PEPEUSDT.1DThe PEPE/USDT daily chart shows a cryptocurrency that has been consolidating recently, with the price oscillating around the R1 level at 0.00000809. Currently, it's trading slightly below this resistance level.
The RSI is at 52.11, which is just above the midpoint of 50, indicating a neutral to slightly bullish sentiment. However, the RSI is trending downward, so caution is warranted. The MACD is right around the baseline with a very slight bearish bias, as indicated by the negative histogram.
The support level S1 at 0.00000387 represents a critical point for traders to watch. If the price sustains above this level, it might indicate stability and potential for an upside breakout above R1. If the price breaks below S1, it could signal a bearish continuation.
For the bullish scenario to gain credibility, we'd need to see a strong move above R1, accompanied by an upward RSI trajectory and a bullish crossover in the MACD. As always, it's important to look for confirmation from other indicators and to stay updated on news that could affect market sentiment.
CHRUSDT.1DThe daily chart for Chromia (CHR/USDT) shows that the asset has been trading within an ascending channel, indicating a bullish trend. However, the recent price action has dipped towards the lower boundary of the channel, currently at $0.3283, which could be a crucial support level (S1) at $0.2409.
The resistance level (R1) has been established at around the previous high of $0.5029. The RSI is slightly bearish at 41.81, and the MACD is below the signal line, both indicating that there might be more bearish momentum in the short term.
Traders might look for buying opportunities near the lower boundary of the ascending channel with a stop loss below S1, aiming for R1 as a short-term target. If the price breaks below the channel, it could signal a potential reversal of the bullish trend. It would be wise to wait for a clear signal such as a breakout or a bounce from key levels with confirming volume before making a trade decision.