BTC 9/18/24💹 Crypto: 👁️ Outlook 30m Context Time Frame: Has been breaking bullish this week and is currently re-accumulating. I am expecting longs NY session tomorrow. Good luck! Daly Bias: Bullish Keeping an eye on this. 👁️Longby angelvalentinx1
BTCUSD H4 Analysis: rate cuts decision today big move expectedMy dear friend and fellow trader, I am writing to you today with great joy and pleasure. BTCUSD H4 Analysis: You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby Forexcryptowithjohn1
PROMUSDT.4HIn my thorough analysis of the PROM/USDT 4-hour chart, I'm pinpointing several key technical indicators and price movements to help shape my trading decisions. As of the most recent data, PROM is trading at approximately $5.081, with a slight decrease of 0.43% in the last session. Firstly, the price action is currently below the descending red trendline (R1), which has been acting as a significant resistance. Breaking above this trendline could suggest a potential reversal from the prevailing bearish sentiment. The immediate resistance (R1) lies at $7.640, which needs to be watched closely. The support level (S1) at $4.406 is critical. If the price fails to hold this level, it could lead to further declines, potentially testing new lows. Conversely, a bounce from this support could indicate buying interest at lower price points, possibly leading to a retest of the resistance. From a technical indicator perspective, the Moving Average Convergence Divergence (MACD) is currently below the signal line but shows signs of converging, which might indicate a decrease in bearish momentum. The MACD histogram also suggests a reduction in negative momentum, which supports this view. The Relative Strength Index (RSI) is at 39.08, nearing the oversold territory. This could potentially signal a buying opportunity if PROM shows signs of price stabilization or an upward reversal, as the market might consider PROM undervalued at these levels. In conclusion, the PROM market appears to be at a pivotal point. The key levels to watch are the resistance at $7.640 and support at $4.406. My strategy involves closely monitoring these levels for potential breakout or breakdown scenarios. A break above the trendline and subsequent resistance could shift my stance to a more bullish outlook, while a break below support would reaffirm the bearish trend, necessitating a reevaluation of bearish targets.Longby MarsSignals0
CVCUSDT.1DIn my current analysis of the Civic/USDT daily chart, I am focused on identifying key technical levels and indicators to guide my trading decisions. As of the latest data point, Civic is trading at approximately $0.1095, showing a modest increase of 0.74% on the day. The chart reveals that Civic has been experiencing a consolidation phase after a significant downtrend. The immediate resistance level (R1) at $0.1261 is pivotal. A breakout above this level could signal a potential reversal of the bearish trend, possibly leading to further gains toward the next resistance level (R2) at $0.1497. Conversely, the support level (S1) at $0.1008 serves as a critical threshold. A breakdown below this level could reaffirm the bearish sentiment, potentially leading to a retest of the lower support (S2) at $0.0832. This level has previously acted as a strong psychological barrier, and a breach could accelerate selling pressure. The Moving Average Convergence Divergence (MACD) shows a positive divergence with the MACD line slightly above the signal line, suggesting a possible shift in momentum towards bullish conditions. This is further substantiated by the histogram which is close to crossing above the zero line, an indicator of strengthening bullish momentum. The Relative Strength Index (RSI) is currently at 57.29, which is in the neutral zone but leaning towards bullish territory. This suggests that while there is some buying pressure, it is not yet strong enough to indicate a strong bullish trend. In conclusion, my analysis suggests cautious optimism for Civic. The key will be watching how the price reacts at the resistance level of $0.1261. A sustained break above this level could suggest potential for further upside, whereas failure to breach this resistance could see Civic continuing to consolidate or even retest lower support levels. Monitoring these key technical levels and indicators closely will be crucial in the coming days.Longby MarsSignals0
SHIBUSDT.1DIn this detailed analysis of the SHIB/USDT daily chart, I am assessing the current market conditions to refine my trading strategy. Presently, SHIB is trading at $0.00001336, reflecting a decrease of 1.37% for the day. The chart illustrates a clear downtrend as marked by the red descending trendline (R3), indicating sustained bearish momentum over time. The price is currently consolidating, forming a narrow range between the immediate support (S1) at $0.00001098 and the resistance level (R1) at $0.00001610. Breaking down the resistance and support levels further, it's evident that SHIB has struggled to break above R1 despite several attempts, suggesting strong selling pressure at this level. If SHIB can break above R1, the next key resistance level to watch would be R2 at $0.00002035, which could open up further bullish potential towards R3. Conversely, a breakdown below S1 could exacerbate the bearish sentiment, potentially pushing the price towards new lows. This would make the next support level at the recent low of $0.00000688 an area of interest for bears. The Moving Average Convergence Divergence (MACD) is slightly below the zero line, with the MACD line just below the signal line. This indicates a weak bearish momentum, suggesting that the downtrend is losing strength but not necessarily reversing yet. The Relative Strength Index (RSI) is near the neutral zone at 45.29, which indicates that there is neither excessive bullish nor bearish momentum. This aligns with the current consolidation phase, suggesting that the market is undecided. In conclusion, my analysis suggests that SHIB is currently in a state of consolidation within a broader bearish trend. Key levels to watch are the resistance at $0.00001610 and the support at $0.00001098. A break above resistance could signal a potential reversal or relief rally, while a drop below support may continue the bearish trend. Caution and close monitoring of these levels are advised as the market decides its next major move.Longby MarsSignals0
STORJUSDT.4HIn this technical analysis of the STORJ/USDT 4-hour chart, I observe a number of pivotal trends and indicators that will guide my trading strategy. Currently, STORJ is trading at around $0.3740, marking a 1.35% decline in the recent session. The price action on the chart has been trending downward over the past months, delineated by the red trend lines. This downward trend suggests a bearish market sentiment. The recent price action has formed a consolidation pattern, indicating a period of uncertainty among traders. Key support (S1) and resistance levels (R1, R2, R3) are identifiable and crucial to determining potential entry and exit points. The immediate support level (S1) at $0.2590 serves as a critical juncture; a break below this level could indicate a continuation of the bearish trend, potentially reaching new lows. Conversely, resistance levels at $0.4616 (R2) and $0.5913 (R3) serve as barriers to upward price movements. Notably, the price tested the resistance at R1 recently but was unable to sustain a breakout. This failure at R1 ($0.4416) highlights the selling pressure above this price point. The Moving Average Convergence Divergence (MACD) shows the MACD line is currently below the signal line but very close, indicating reduced momentum in the current trend. This might suggest a potential reversal or slowdown in the downward movement if the MACD line crosses above the signal line. The Relative Strength Index (RSI) is currently at 57.74, which is in the neutral zone but leaning towards the upper boundary. This suggests that there might be some buying interest at these levels, although it's not strong enough yet to indicate a bullish reversal. In conclusion, my analysis of the STORJ/USDT chart indicates that while the market sentiment remains bearish, there are signs of potential stabilization or a slowdown in the downward momentum. Traders should watch the RSI and MACD closely for more definitive signals of a trend reversal. As always, maintaining a close watch on key support and resistance levels will be crucial for timely decision-making.Longby MarsSignals0
Uxlink Overextended BAD!! Short the trash out of it....Not financial advice. But it's clear as day that UXLINk is overextended here on multiple short term time frames after this notable run up. As noted we have hit the 2.61 extension basically and psycological .75c range. A pullback to test breakout area should be anticipated around .41c Again that may not be overnight but you must start identifying short area and first potential short area I'm seeing is .665 area for a take profit. Like follow comment. Always remember Patience is Key #PIK And always Think Like A Whale #TLAW Treat a hundred like a million dollars😲💯😎UShortby ThinkLikeaWhaleTLAW0
TRBUSDT.4HIn my current technical analysis of the TRB/USDT 4-hour chart, I observe some crucial elements that shape my trading decisions. As of the last data point, TRB is trading at approximately $59.34, showing a decline of 2.29% during the current session. The chart shows TRB has been experiencing a general downtrend, with key resistance and support levels providing insights into potential turning points. The immediate support level (S1) is at $50.54, which has historically acted as a rebound point for the price. A breach below this level could lead to a further decline toward the long-term support at $41.46, represented by the low point on the chart. Conversely, resistance levels are identified at $69.91 (R1) and $85.27 (R2). The price recently tested R1 but failed to break through, indicating a strong resistance zone. For a bullish scenario to unfold, TRB would need to sustain above R1, targeting R2 as the next significant hurdle. The Moving Average Convergence Divergence (MACD) is currently in a bearish phase, with the MACD line below the signal line, which corroborates the bearish sentiment observed in the price action. The histogram also reflects increasing bearish momentum, which could suggest that the downtrend may continue unless a crossover occurs. The Relative Strength Index (RSI) is at 43.53, which is near the lower boundary of the neutral zone. This indicates that there is potential for a price recovery if bullish momentum can be rekindled, but it also warns of a possible continuation of the downtrend if the RSI moves into oversold territory. In conclusion, my analysis suggests a cautious approach to TRB at this juncture. While the support at $50.54 provides a potential buying opportunity, the prevailing bearish indicators advise against aggressive long positions unless there is a clear reversal signal. Monitoring the MACD and RSI for signs of reversal will be crucial to adjusting this stance, especially if the price tests and fails to break below S1.Longby MarsSignals0
Phemex Analysis #22: SUI _ A Tale of Potential and Uncertainty!PHEMEX:SUIUSDT.P , the Layer 1 blockchain backed by industry giants like a16z and Samsung Next, has emerged as a promising contender in the cryptocurrency landscape. With its impressive speed and efficiency, SUI offers a compelling alternative to established platforms like Ethereum and Solana. Price Structure The token's journey has been marked by both highs and lows. From its initial launch price of $1.4038 in April 2023 to its all-time high of $2.1841 in March 2024, SUI has demonstrated significant growth potential. However, the cryptocurrency market's volatile nature has also seen SUI experience downturns, with its recent low reaching $0.4631 in August 2024. As we analyze SUI's price structure, it becomes evident that certain levels act as pivotal points. The initial support level at $1.00 serves as a crucial barrier to prevent further declines. If SUI were to break below this level, it could signal a potential downward trend reversal. On the other hand, the initial resistance level at $1.43 represents a hurdle that, if breached, could indicate a bullish uptrend. Intermediate support and resistance levels at $0.86, $0.78, $1.72, and $2.00 provide additional insights into potential price movements. These levels can act as temporary points of support or resistance, influencing the token's short-term trajectory. Possible Scenarios: Given SUI's strong backing and technical capabilities, it is reasonable to anticipate a potential upward trend. However, the cryptocurrency market is subject to various factors, including broader economic conditions, regulatory developments, and market sentiment. Therefore, it is essential to approach investments in SUI with caution and consider both potential gains and risks. 1. Upward Trend Continuation: If SUI consistently breaks above resistance levels, accompanied by increasing trading volume and positive technical indicators, it could signal a continuation of the upward trend. Investors might consider buying SUI near the intermediate support levels or after a pullback from the initial resistance level. 2. Downward Trend Reversal : If SUI breaks below support levels, with decreasing trading volume and negative technical indicators, it could indicate a potential downward trend reversal. Investors might consider shorting SUI near the intermediate resistance levels or after a breakout below the initial support level. Conclusion SUI, with its strong backing and promising technical capabilities, presents an intriguing opportunity for investors. While its future price movement is influenced by various factors, including market sentiment and overall economic conditions, the potential for significant growth remains. However, it is crucial to approach investments in SUI with a cautious and informed mindset, considering both the potential rewards and risks involved. Tips: Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.by Phemex1
DYM Descending Broadening Wedge Breakout Confirmed!We've just seen a strong breakout of DYM from its descending broadening wedge structure. This is a key bullish reversal signal! 📈 The price action indicates momentum building up, with the next target zone being around $7-$8, representing the top of the broadening wedge structure. 🔸 Key Levels: As the price surges, we’re watching the $7-$8 range for potential resistance. 🔸 Support Re-test?: A possible re-test of the breakout level could present a strong entry point if the momentum holds. 🔸 Volume Confirmation: The breakout is supported by a surge in volume, reinforcing the potential for a strong move upward. Keep an eye on the market dynamics, and remember to manage your risk, especially as we approach key resistance levels. #DYM #Breakout #BroadeningWedge #SwingTrade #CryptoTrading #TechnicalAnalysis 🚨 Disclaimer: This is not financial advice. Always conduct your own analysis or consult with a professional.Longby STP_MrNodeItAll0
PAALUSDTPAAL ~ 3D #PAAL If you have Conviction on this coin,. Make purchases gradually on this support block or buy after successfully breaking through this descending pattern.Longby CryptoNuclear0
STORJUSDTSTORJ ~ 1W SEED_DONKEYDAN_MARKET_CAP:STORJ Moving in a descending pattern. You can make purchases after successfully breaking through the resistance line of this descending pattern.Longby CryptoNuclear0
IDEXUSDTIDEX ~ 1W #IDEX If you have Conviction on this Coin,. Maybe you need to pay attention to this support block. at least 20%+ for the short term.Longby CryptoNuclear0
BTC Reaches 60K! Is the Pump Over, or Will We See 62K Next?GM crypto bro’s, this morning's fear and greed index is in the fear zone at 45, while Stoch RSI remains in its overbought area. BTC saw a significant pump up to 60K, likely due to strong cutrate rumors, but that doesn't mean the potential for a correction to 55K has disappeared. However, the probability of hitting 61K - 62K is increasing. The market is dynamic, don't FOMO, stay safe, keep calm. Always remember that in the crypto market, anything can happen. Always maintain your risk, and as always, that's the crypto update for today. I’m Akki, one chart, and have a nice day.by x_Akki0
2.2 R:RChart is fairly self-explanatory, will likely fill in a few days-weekLongby Ian_CarsenUpdated 0
DYMUSDT(Dymension) Updated till 17-09-24DYMUSDT(Dymension) Daily timeframe range. getting out of 1.602 will be most optimal here cause below that is the trouble zone. moreover it got huge space to move around so there are good trades chances here. local low at 1.151.by cryptoforever10
BTC vs. USD Monetary SupplyWhile BTC's exchange rate is remarkably volatile, its monetary supply is relatively stable. While USD's exchange rate is relatively stable, its monetary supply is remarkably unpredictable.Bby MikeCoMacro0
BTCUSDT - Bullish MomentumBINANCE:BTCUSDT is showing bullish momentum after following a retracement. Currently price has broken several lower highs on 1 and 4 hr timeframe. Expecting the bullish momentum to continue!Longby Tempo_TradesUpdated 0
(SUPER) superverseFrom the looks of this chart and the indicators I've placed onto the chart Superverse is clearing up from a rough break out. The indicators seem to tell the story there is a position within Superverse to which the price will hold and potentially improve away from such a rough break out. Longby CryptocurrencyBlot0
Fantom near the sell level $FTM #FTM #FTMUSDT #FTMUSD #Fantom UPCOM:FTM #FTM #FTMUSDT #FTMUSD #Fantom Fantom near the sell level with parallel channel resistance as well as previous lower support. If you are long, you could take some profits and re-enter after daily confirmation above the resistance level.Shortby Atlantean_Trade0
(POLS) polkastarter This one looks good. Polkastarter had a quick fit of improvement to the price the other day. The indicators of parabolic and DMI both look good and appear to signal a future continued improvement in price, at least for now. Longby CryptocurrencyBlot0
Long time no see..It’s been a while since I’ve reviewed the charts, but remember, it’s always best to focus on long-term charts and avoid getting caught up in short-term noise . Leverage is gambling —it’s like a casino and can destroy your trust in the crypto system. Stay away from it, and stick to spot trading only for reliable and safe growth. Bitcoin is currently around 60,285 USDT, holding strong. After a long break from the charts, I'm anticipating a significant bullish move in the coming weeks . The price action suggests that Bitcoin could hit major resistance levels at 82,000 USDT , 102,000 USDT , and potentially 123,000+ USDT . The upcoming rate cuts and presidential elections are likely to impact the economy, potentially driving a major increase in Bitcoin and crypto values. The flood of crypto news already circulating the internet reflects the growing bullish sentiment, which aligns with the expected price targets and underscores the potential for substantial upward movement.Longby TradingEagle19031