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Core/Tether

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COREUSDT trade ideas

CORE Weekly AnalysisCORE experienced a remarkable surge of 235.90% following a prolonged accumulation period. Hitting a new peak of $4.1786, it's now undergoing profit booking, currently trading at $3.1281. In the short term, oscillators signal a sell, but moving averages indicate a robust buy. Looking at the monthly timeframe, all technical indicators strongly advocate for buying. The critical support zone lies between $2.4 to $2.8. Should CORE maintain this level, it could pave the way for further upward momentum.
by Mudrex
COREUSDT grand plan for the end off pre-bull phaseAnalysis using Fibonacci Retracement has already marked .95-.99 Analysis using Elliot Wave Theory (Classic) as written in chart, it all aligned with, even the ending diagonal. Next step: - Retesting the 4th Wave of the correction wave in Wave C from ABC as strong resistance for now - Retrace between .78 - 99 of the wick COREUSDT had before, maybe even 50% of the wick (not Fibonacci Retracement, but measured precisely 50% of the wick)
by bzbee42
7
Core (CORE)Core is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications. The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake. Anyway, CORE been in a downtrend from birth. After CORE broke the downtrend line, CORE moved into an ascending channel, and recently CORE broke this channel with momentum and now reaching the first horizontal resistance area. Core probably rest at this area for a while; if break this area, further upward movement is possible. Let's see what happens.
Long
by SaeedSalehinia
CORE SEEMS TO ENTER A NEW BUILDING TREND (CYCLE)Based on our study, CORE appears to be experiencing a significant upward trend, suggesting potential for further growth. CORE is showing interesting indicates data trends both technically and in terms of data analysis. we will follow its progress to see if it reaches the $1.11 mark soon. we will continue to monitor CORE for any new updates. The current cycle for this coin cycle began at $0.58 and it's already gaining traction. note that this update is not trading advice.
Long
by SatochiTrader
1