BNBUSDT - Price can bounce up from support level to $560Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to rising channel, where it bounced from support level and rose to resistance line of channel.
After this movement, BNB turned around and ina short time declined to support line of channel and soon broke it.
Price left rising channel, broke $392 level, and declined lower, but soon it turned around and started to move up in new channel.
In this channel, BNB broke $392 level again and later reached $508 level, which broke soon too, and then made retest.
Then price tried to rise more, but failed and now trades very close to support line of rising channel.
In my mind, Binance Coin can decline to support level, after which it bounces up to $560
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Usdt
HelenP. I After BTC rose higher than last ATH, it can correctHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price a not long time ago rebounded from the trend line and in a short time rose to support 2, which coincided with the support zone. Soon, BTC broke this level, made a retest, and then made impulse up to 64000 points, but later it turned around and fell below, after which price continued to move up to the next support level, which coincided with one more support zone. But when BTC reached this level, the price broke it and even rose higher than the support zone, and soon made a strong impulse down to support 2, breaking support 1 and the trend line too. After this movement, Bitcoin in a short time rose back to support 1, thereby breaking the trend line again and even soon broke support 1 too and continued to rise in the support zone. Also recently, the price rebounded from this zone and now BTC trades higher than last ATH, so, for my mind, Bitcoin will rise a little more, after which it can make a correction movement to the support zone. That's why I set my target at 67850 points. If you like my analytics you may support me with your like/comment ❤️
🔥 Bitcoin Near All-Time High: What Does History Tell?In this analysis I want to take a look at Bitcoin's historical behaviour at the moment that it made new all-time highs (ATH's), and make a prediction based on those findings.
As seen on the bottom two charts, Bitcoin has ALWAYS reversed substantially from the previous ATH's area of resistance (note: the area around the ATH functions as resistance, not the exact value).
2017: ~33% correction.
2020: ~17% correction.
This time it remains to be seen how much we will reverse. Seeing that corrections (and pumps) become less extreme with time, it's likely that it will be less than 17%.
In my view, the most likely scenario would be a reversal towards the first yellow area of support (1), which would be around 11% decline from 69k. The worst-case temporary reversal would be a fall towards the second area of support (2), around 25% decline.
In the long-term I'm still bullish. However, we have to acknowledge that historical price action is against the bulls. On the other hand, this might be the last time we can buy BTC for these price for the next 1-2 years.
🔥 Bitcoin OFFICIALLY In Price Discovery Mode 🚀As of today, I think we can finally say that Bitcoin has confidently broken out of the previous ATH of 69.000. Yes, we had a couple of wicks towards 70k, but never a real confident break out like now.
Today is the start of Bitcoin's era of price discovery. If history will repeat itself we will go up a lot over the coming weeks. Prepare yourself for strong moves to the upside, but also quick and violent dumps on the downside.
Wouldn't be surprised if we're going to see 100k over the next few months.
🔥 🔥 FETCH.AI [FET] Massive Cup & Handle Break OutA few weeks ago I made an analysis on FET and the pending cup & handle pattern that was about to break out.
The price has risen close to 40% since my original analysis and the pattern is playing out quite well. With BTC trading bullish/neutral, I'm expecting FET to simply continue to move up. Target at 3$ for the next few months.
COQUSDT.4HBased on the provided market data for the COQ/USDT trading pair, it can be observed that the COQ cryptocurrency is currently priced at 0.0000053 USDT.
In the short term, the 4-hour Relative Strength Index (RSI) is at 60.24, which is near the neutral level of 50. This indicates a balance between buyers and sellers. The 4-hour Moving Average Convergence Divergence (MACD) at 52.0 suggests a bullish trend. The support levels are at 50.0, 44.0, and 37.0, while resistance is at 68.0, 78.0, and 80.0.
For the daily timeframe, the RSI is at 85.80, indicating an overbought condition, suggesting that a price correction might occur. The MACD at 89.0 supports this, showing strong bullish momentum. The support levels are at 33.0, 28.0, and 21.0, with resistance levels at 64.0, 81.0, and strangely at 10.0, which is significantly lower than the current price.
In the 7-day timeframe, the RSI is at 89.60, still in the overbought territory. The MACD is at 90.0, indicating a continued bullish trend. The support levels are at 33.0, 21.0, and 14.0, with resistance levels at 64.0, and curiously at 10.0 and 12.0, which again are significantly lower than the current price.
In conclusion, the technical indicators suggest that COQ has strong bullish momentum in the short term but might be due for a correction given the overbought conditions on daily and weekly timeframes. The unusually low resistance levels on the daily and weekly timeframes might be a data error and should be rechecked for accuracy.
Please note that while technical analysis can provide insights into market trends, it should not be used in isolation and does not guarantee future performance. Always consider other factors, such as market news and your risk tolerance, before making investment decisions.
PEPEUSDT.4HThe PEPE coin is currently trading at a high price of $882 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 80.89, 86.15, and 90.60 respectively, which indicates that the coin is being heavily bought. The RSI values are above 70, indicating that the coin is currently overbought. This could mean that a price correction might be due soon.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 49.0, 19.0, and 87.0 respectively. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD values indicate that the coin is in a bullish trend across all three time frames.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are all at 100.0. This could suggest that the coin's price has been extremely volatile and is currently at a high level.
The support levels for 4 hours are at $826, $710, and $64, while the resistance levels are at $98, $16, and $13. This suggests that there is a significant gap between the support and resistance levels, indicating a possible volatile market.
For the 1-day timeframe, the support levels are at $64, $42, and $41, while the resistance levels are at $10, $13, and $16. This again suggests a volatile market with a wide gap between support and resistance levels.
For the 7-day timeframe, the support levels are at $206, $78, and $49, while the resistance levels are at $1158, $13, and $21. This trend is similar to the 4-hour and 1-day timeframes, suggesting a volatile market.
In conclusion, the PEPE coin is currently in a bullish trend with high volatility. Its overbought condition might lead to a price correction in the near future. Therefore, if you are considering investing in this coin, you should prepare for potential price fluctuations and consider setting stop-loss orders to protect your investment.
ANKRUSDT.1DBased on the given market data, ANKR is currently trading at a price of $0.050 against the USDT. The currency's 4-hour Relative Strength Index (RSI) is at 60.34, which indicates a slightly bullish trend. The Moving Average Convergence Divergence (MACD) for the same period is 0.0018, which is also a bullish signal.
The Bollinger Bands (Bb4h) at 0.050 suggest that the price is trading within the expected range. The support levels for the 4-hour time frame are $0.046, $0.039, and $0.032, while resistance levels are at $0.057, $0.060, and $0.068.
For the daily time frame, the RSI is quite high at 81.84, which may indicate an overbought condition, while the MACD is at 0.0058, suggesting a bullish trend. The Bollinger Bands (Bb1d) at 0.052 also indicate that the price is within the expected range. The support levels for the 1-day time frame are $0.038, $0.027, and $0.024, while resistance levels are at $0.057, $0.072, and $0.085.
The 7-day RSI is also high at 81.60, indicating a potentially overbought condition. The MACD for the 7-day time frame is 0.0036, indicating a bullish trend. The Bollinger Bands (Bb7d) at 0.053 indicate that the price is within the expected range. The support levels for the 7-day time frame are $0.028, $0.020, and $0.016, while resistance levels are at $0.058, $0.087, and $0.10.
In conclusion, ANKR is showing bullish signals on the 4-hour, daily, and weekly charts. However, the high RSI on the daily and weekly charts may indicate that the currency is overbought, which may result in a price correction in the near future. As always, it's essential to consider other factors and conduct a comprehensive analysis before making any investment decisions.
ETHUSDT.1DBased on the given market data for ETH (Ethereum), the current price is at $3909.0 which is slightly below the 4-hour Bollinger Band (Bb4h) of $3997.0 and the 7-day Bollinger Band (Bb7d) of $3910.0. This suggests that the price is not overextended and there could be potential for upward movement.
The Relative Strength Index (RSI) values indicate that ETH is in neither overbought nor oversold territory. The 4-hour RSI is at 56.73, the daily RSI at 85.51, and the 7-day RSI at 83.92. Generally, a RSI above 70 is considered overbought, while a RSI below 30 is considered oversold. The daily and 7-day RSIs are quite high, suggesting bullish momentum, but also nearing overbought territory which could potentially lead to a pullback.
The Moving Average Convergence Divergence (MACD) on the 4-hour, 1-day, and 7-day charts are all positive, indicating a bullish trend. However, the high values, especially on the 1-day and 7-day charts, might suggest that the market is over-extended and could see a correction.
Looking at the support and resistance levels, the closest support level on the 4-hour chart is at $3737.0 and the nearest resistance is at $4029.0. If the price breaks above this resistance, the next targets would be $4150.0 and $4448.0. If it falls, it could find support at $3737.0, $3381.0, or $3120.0.
On the daily chart, the closest support is at $3404.0 and resistance is at $4317.0. On the 7-day chart, the closest support is at $2482.0 and resistance is at $4040.0. These levels can be used to set stop-loss and take-profit points.
In conclusion, the technical analysis suggests that ETH is currently in a bullish trend, but nearing overbought conditions. This could mean potential for more upward movement, but also risk of a pullback. As always, it's important to consider other factors and use risk management strategies when trading.
🔥 GMT Long-Term Trend Shift: Big Signal!After 1.5 years of straight selling, GMT has finally confirmed a change of the long-term trend.
In my eyes, GMT is one of the better undervalued tokens on the market right now. It saw a huge move back in 2022, but lost around 95% of its value at some point. Relatively new token, so a lot of potential upside.
Stop under the weekly swing low, target at the all-time high.
Bitcoin can decline to support area and then rebound upHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago entered to upward channel, where it at once rebounded from the support line and rose to the 59000 support level, which coincided with the buyer zone. In a short time later BTC broke the 59000 level and made a retest, after which it continued to move up and reached the resistance line of the channel, but then the price turned around and fell below. Then price continued to rise and some time later BTC reached the current support level, which coincided with the support area and even entered to this zone and also reached the resistance line of the channel, but soon price turned around and in a short time declined to support line of the channel, making fake breakout of 67150 level. But at once price bounced and made a strong impulse up to the support area, breaking the current support level one more time. Also recently, BTC exited from this area and now it trades near, so I think that Bitcoin can decline to the support area, where it turns around and starts to move up to the resistance line of the channel. For this case, I set my target at the 72500 level. Please share this idea with your friends and click Boost 🚀
BABYDOGECOIN USDT Following Doge, Breakout CloseBaby Doge is following Dogecoin. Doge has broken out of its downtrend and has found support on the envelope. Baby Doge lags behind Doge from what I see in the charts. So when there is a big pump in Doge, Baby Doge is not far behind. Once Baby Doge breaks out of its downtrend its going to go straight up following Doge.
This is just my opinion, none of this is financial advice. Thank you
BITCOIN - Price can fall to support level and then bounce upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price made upward impulse to $59100 level, which coincided with support area and soon broke this level.
Also, BTC started to move up in rising channel, where it reached resistance line, after which made correction movement.
After this, price made upward impulse to resistance line of channel, breaking $66800 level, but soon fell.
Bitcoin exited from channel and entered to triangle, in which BTC backed up to $66800 level, which coincided with support area.
A not long time ago, price exited from triangle and rose higher last ATH, but now it trades near support area.
Possibly, BTC can fall to support level, after which it turns around and starts to grow to $72000 level.
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FTMUSDT.1DBased on the given market data, the FTM/USDT pair is currently trading at a price of 0.79 USDT. The Relative Strength Index (RSI) on the 4-hour, daily, and weekly charts suggest that the pair is somewhat overbought, with the RSI values being 63.11, 82.59, and 78.46 respectively. An RSI above 70 usually indicates overbought conditions, suggesting a potential price correction in the future.
The Moving Average Convergence Divergence (MACD) on the 4-hour, daily and weekly charts are positive, indicating bullish momentum in the short, medium, and long term. However, as the RSI is high, the bullish momentum may slow down or reverse due to potential overbuying.
The Bollinger Bands (Bb) on the 4-hour and daily charts are 0.85, suggesting that the pair is trading near the upper band, another sign of overbuying. However, on the weekly chart, the Bb is 1.010, which is above the current price, indicating that there may be room for upward movement.
The support levels on the 4-hour, daily, and weekly charts are 0.63, 0.68, and 0.59 respectively, which could provide a safety net if the price starts to fall. The resistance levels on the 4-hour, daily, and weekly charts are 0.95, 1.113, and 1.11 respectively, indicating potential targets for the price to reach if the bullish momentum continues.
In conclusion, while there are bullish signs for FTM/USDT in the short, medium, and long term, the overbought conditions suggest caution. It may be wise to wait for a potential price correction before considering a long position. However, if the price breaks the resistance levels, it could potentially continue its upward trend. Please note that this analysis is based on the current market data and does not take into account potential future events or changes in market conditions. Always do your own research and consider your risk tolerance before making investment decisions.
BNBUSDT.1DBased on the market data provided, BNB (Binance Coin) is currently trading at 485 USDT.
In the short term (4h chart), the RSI (Relative Strength Index) is at 75.27, which is considered to be in the overbought territory. This could indicate that a correction or a slight pullback might be in the offing. The MACD (Moving Average Convergence Divergence) is at 17.5, which suggests a bullish trend. The Bollinger Bands (BB) are at 495.0, with BNB trading below the upper band, indicating less overbought conditions.
The immediate supports for BNB in the short term are at 459.0, 426.0, and 406.0 USDT, while the resistances are at 495.0, 502.0, and 518.0 USDT.
In the medium term (1d chart), the RSI is at 78.0, which also indicates overbought conditions. The MACD is at 31.6, suggesting a bullish trend. The Bollinger Bands are at 495.0, again with BNB trading below the upper band.
The medium-term supports for BNB are at 397.0, 351.0, and 336.0 USDT, whereas the resistances are at 509.0, 543.0, and 575.0 USDT.
In the long term (7d chart), the RSI is at 86.19, indicating heavily overbought conditions. The MACD is at 44.5, suggesting a strong bullish trend. The Bollinger Bands are at 495.0, with BNB trading below the upper band.
The long-term supports for BNB are at 329.0, 300.0, and 210.0 USDT, whereas the resistances are at 509.0, 614.0, and 695.0 USDT.
In conclusion, BNB appears to be in a strong uptrend, but the overbought conditions indicated by the RSI in all time frames suggest that a pullback or correction is possible. It's important to watch the support and resistance levels for potential breakout or bounce. As always, it's recommended to keep an eye on market news and use proper risk management strategies when trading.
HelenP. I Ripple can break resistance level and rise to $0.6665Hi folks today I'm prepared for you Ripple analytics. Some time ago price rose to the support level, which coincided with the support zone, and in a short time broke it, after which it made retest. Then the price rebounded from this level and tried to rise, but soon Ripple turned around and made an impulse down to the trend line. Soon, XRP turned around and continued to rise to the 0.6380 resistance level, which coincided with the resistance zone and even entered to this zone. Later XRP fell below this zone, but soon it in a short time backed up and even rose to 0.6685 points, after which the price turned around and made a strong impulse down to the trend line, thereby breaking the 0.6380 level again. As well soon, XRP broke the trend line and declined lower support zone with a 0.5600 level, after which it turned around and soon rose higher 0.5600 level. Then price rose to the resistance level, but recently it rebounded and now trades close to this level. For my mind, Ripple will reach this level again, break it, and make retest, after which the price can continue to move up to the trend line. For this case, I set my target at the 0.6665 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
DOTs awakeningLooking at the history of this chart I can say with confidence that this is one of the worst charts I have ever seen. How the whales pumped and surpressed this coin to the ground is just mind-boggling. Technically Polkadot was in a bear market forever. Till now. It's actually about to break one of the hardest resistances since 1,5 years. After that it will create the right shoulder of a bigger inverse head & shoulder on higher timeframes and retest the massive key resistance range of 40-55$, break it and fly to new highs, expecting to fill the gap since birth and reach the final target of 200-380$ in wave 3.
🔥 SHIBA Bull-Flag: Patience For Break!Together with many memecoins, SHIB has seen a siginifficant bullish move lately. However, SHIB has been consolidating for a few days at this point.
In the process, a bull-flag pattern has been formed. For this signal we're going to wait for SHIB to break through the top of the pattern and place our stop below the most recent swing low.
Target at 7500. I don't think the memecoins have stopped, but are merely preparing for their next leg up.
Triple Growth Unlocked: RSI-SMA Crossover Dominates with 300%+Discover the trading strategy that's been the talk of YouTube: "RSI Strategy with SMA Smoothing" has turned the PEPE/USDT pair into a profit powerhouse on the 15-minute chart. It's not just about the signals; it's about seizing opportunities that others simply don't see.
Strategy at a Glance:
RSI Length: Tuned to 14 for the quick capture of momentum shifts.
SMA Length: At 16, for that perfect balance between responsiveness and reliability.
Upper Limit: A set marker at 72, our cue for locking in profits.
Lower Limit: The 40 mark, where buying signals are no longer just noise but actionable intel.
Starting Capital: We began at $1,000 USD and watched it soar.
This is where analysis meets action. The strategy recalibrates in real-time, delivering an impressive average profit of $143 per trade. Over two months, this approach didn't just perform; it dominated, with a total profit surge of 316%.
Performance Snapshot:
Total Gain: A staggering 316% increase in just two months.
Testing Period: Intense two-month trade fest.
Trade Pair: PEPE/USDT.
Timeframe: The 15-minute candle sweet spot.
In the 2024 markets, this strategy has been the trader's ace. It's built for those who aim to outpace, outmaneuver, and outprofit. Are you ready to elevate your trading game? Step into the winner's circle with a strategy that's proven its metal.
Past performance isn't indicative of future results. Trading involves risk. Always do your due diligence.