SATSUSDT.P trade ideas
SATS Ordinals price is trying to rise, but for how long?After six months of a stable downward trend, the price of #SATS (#Ordinals) began to rise on increased trading volumes.
😱 Of course, six months to a year ago, holders were promised “golden mountains”, but in fact, after being "put in longs", there was almost a 10-fold depreciation of the asset.
🆗In the range of $0.00000045-0.00000060, there will be strong sales from those who want to get out of the drawdown at least to “zero”, this is how human psychology works.
And if you want to try your luck and trade OKX:SATSUSDT , then buying earlier than in the range of $0.00000017-0.00000022 can be harmful to your health and deposit) 🍿
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SATS Is Ready to Crash from Here?There is a possibility that BYBIT:SATSUSDT may have a pullback from here.
Based on the price of the 4H timeframe, this may print.
If you don't have a good margin, use stop loss as required.
We can take advantage of the pullback by risking 2% of the account balance.
Manage your risk appropriately.
What are your thoughts about this analysis? Share them with me in the comment box.
If this analysis makes sense to you, support my idea and follow me now for more.
The SATS Price Plunged 15%, but Could Keep FallingThe SATS price plunged more than 15% in the past 24 hours to trade at $0.0000001474 at press time.
With this latest drop, the altcoin’s weekly and monthly performances have been forced deeper into the red.
The SATS price is approaching the critical support level at $0.0000001435. Should the crypto fall below this key price point, it could be at risk of plugging to the subsequent mark at $0.0000001265.
However, SATS remaining above $0.0000001435 for the next 12 hours could invalidate the bearish thesis. In this alternative scenario, the crypto might end up attempting a challenge at the $0.0000001665 resistance level. Overcoming this threshold could then give the crypto the foundation needed to keep climbing in the following 24 hours.
Technical indicators on the 4-hour chart for SATS warn that the crypto might not be through dropping just yet. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are showing bearish signs. These technical indicators are also on the verge of triggering major bearish flags.
Firstly, the MACD line is collapsing towards the MACD Signal line. Traders usually see this as an indication that a crypto is about to enter a negative short-term cycle. A confirmation of this might be if the MACD line crosses below the MACD Signal line.
Meanwhile, the RSI is on the cusp of breaking below its Simple Moving Average (SMA) line. This could indicate diminishing buyer strength. If bulls don’t step in soon, the RSI could soon fall below the SMA line to signal that sellers have gained an upper hand against buyers.
If these technical flags are confirmed and validated, the SATS price could soon lose the key support level at $0.0000001435.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Ecoinimist is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
#SATS Rally Alert: : Buy Your Ticket to Success!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
SATS NEW INCREASE VOLUMESATS seems to have a new increase view with the possibility that we are going to see a new volume trend in the coming time frames.
For confirmations, we need to follow the coming time frames.
This coin has seen since MAR month 3 breakdown trend.. the new time frames can make a change for a new uptrend since a long time ago.
SATSUSDT.PHello Trader OKX:SATSUSDT.P
good enough chart for consolidation of this pair market, can be long the range of entry area that I have determined.
SPOT ONLY, futures can use very small leverage because the stop loss is quite far away
entry area 0.0000002758 - 0.00000026577
take profit 35%
stop loss 7%
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Disclamer: Not Financial Advice
sats long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
SATS Drops 2% to as It Loses a Key Support Level but May Begin tThe SATS price dropped out of a positive price channel over the last 72 hours as it was attempting to challenge a medium-term negative trend line. Falling out of this bullish range resulted in the crypto losing the support of the $0.0000004505 mark. A negative price channel has also emerged on SATS’ 4-hour chart after the crypto printed a series of lower highs and lower lows throughout the past 2 days.
Should this negative momentum continue, the SATS price may soon retest the $0.0000004025 support level. A break below this significant price point may then put the altcoin at risk of falling to the subsequent support at $0.0000003505 in the short term.
This bearish thesis could be invalidated if the SATS price closes a 4-hour candle above the upper boundary of the negative price channel. In this alternative scenario, the crypto may look to reclaim the $0.0000004505 support. Thereafter, it will need to overcome the medium-term negative trend line that has emerged on its chart. A break above this trend line will be a significant bullish development, which may lead to the SATS price challenging the $0.0000005420. In an extremely bullish scenario, the altcoin could rise to as high as $0.0000006535 in the upcoming fortnight.
Technicals Suggest a Reversal Soon
Technical indicators on the crypto’s 4-hour chart are showing signs that SATS’ negative trend may have reached its end. The Moving Average Convergence Divergence (MACD) line is starting to rise towards the MACD Signal line, which could be an early sign of a potential bullish reversal.
In addition to this, the Relative Strength Index (RSI) has leveled off close to oversold territory at around 40. The SATS price currently has greater short-term upside potential than downside potential. Traders may therefore jump on the opportunity to purchase the crypto at its current discounted price.
SATS Breaks Major Resistance, Could It Rise to $0.0000006535?The Sats price was able to overcome the $0.0000004505 resistance level in the last 24 hours. It also printed a series of higher highs and higher lows on the 4-hour chart over the past couple of days, resulting in the formation of a positive price channel.
This bullish move may soon come to an end, however, since the breakout is significantly less powerful than the previous bullish move. There is also a medium-term negative bearish trend line that the Sats price needs to overcome before it can soar. Failure to break above this trend line in the next week may result in a strong correction.
A potential early confirmation of this bearish thesis could be if SATS falls below the newly-formed ascending price channel. Falling out of this range could be followed by the Sats price retesting the aforementioned $0.0000004505 mark. Continued sell pressure may lead to the crypto falling below this significant price point and potentially dropping to as low as $0.0000004025. In an extremely bearish scenario, the price could drop to as low as $0.0000003505.
This bearish thesis may be invalidated if SATS is able to close a 4-hour candle above $0.0000005420. In this more bullish scenario, the Sats price could have the foundation needed to rise to the subsequent threshold at $0.0000006535 in the following few days.
Technical indicators on the 4-hour chart for SATS suggest the altcoin’s price may fall soon. The Moving Average Convergence Divergence (MACD) line is starting to close in on the MACD Signal line. This may be an early signal of SATS’ bullish trend approaching its end before entering a bearish cycle. Buyers are also losing some of their strength against sellers, which is evident by the Relative Strength Index (RSI) indicator. Currently, the RSI line on the 4-hour chart is sloped negatively, and may soon cross below its Simple Moving Average (SMA) line.
SATS Plummets 12%, but Don’t Rule Out a Rise to $0.0000005420KUCOIN:SATSUSDT dropped below the 9 and 20 Exponential Moving Average (EMA) lines on its 4-hour chart over the past 24 hours. Should this bearish momentum continue, the altcoin may soon retest the immediate support level at $0.0000004505. Once at this level, SATS will either rebound and begin climbing to $0.0000005420 in the following couple of days, or will fall below the mark towards the $0.0000004025 support.
In the event that the SATS price falls to $0.0000004025, investors will want to pay close attention to how the crypto’s price behaves around this support. Falling below this significant price point may put the altcoin at risk of plummeting to as low as $0.0000003505 in the following couple of days.
A bullish play may, however, still be in play for as long as the SATS price remains above this level, as any rebound above this level will result in SATS printing a higher low. This could ultimately lead to the altcoin rising towards the $0.0000005420 barrier in the short to medium-term.
Traders and investors will want to note that the 9 EMA line on the 4-hour chart has crossed below the 20 EMA line. This specific technical occurrence suggests that the SATS price has entered into a short-term bearish cycle, and may subsequently retrace in the upcoming 24-48 hours.
SATS Could Correct Soon, How to Mitigate RiskKUCOIN:SATSUSDT was rejected by the $0.0000005420 resistance level earlier in today’s trading session. As a result, the altcoin stands the risk of correcting to the $0.0000004505 support level in the next 24 hours. As long as SATS does not drop below this significant mark, it may consolidate for the next 48 hours before potentially entering another leg up. This could lead to the altcoin rising to as high as $0.0000006535.
On the other hand, a break below $0.0000004505 in the coming 48 hours may delay this bullish move from taking place. In this alternative scenario, the SATS price could fall to $0.0000004025. As long as the altcoin remains above this price point, the bullish thesis may still be in play. However, a drop below this key level could expose SATS to the risk of falling to as low as $0.0000003505.
Bulls Are Losing Their Strength
Technical indicators on the crypto’s 4-hour chart show that bulls have lost some of their momentum. The Moving Average Convergence Divergence (MACD) is closing in on the MACD Signal line. This specific technical flag suggests that SATS’ bullish trend is losing strength. In addition to this, the Relative Strength Index (RSI) is closing in on its Simple Moving Average (SMA) line. These two lines intersecting may signal that sellers have gained a temporary upper hand against buyers, which may lead to the SATS price dropping slightly.
To mitigate risk, investors may want to cash out now until the SATS price breaks above $0.0000005420. A break above this level could clear a path for the crypto to rise more than 21%. However, a bearish double top pattern is forming on the altcoin’s 4-hour chart. This may be an early indication of the crypto dropping in the next couple of days, and could lead to SATS falling to $0.0000003505.
SATS Pumps 38%, Will It Keep Rising?KUCOIN:SATSUSDT broke out of a medium-term bearish channel over the past 48 hours, and managed to record around a 38% gain. After escaping the channel, the altcoin printed a series of higher highs and higher lows on the 4-hour chart as well, leading to the formation of a smaller bullish channel. Traders may look to take their profit from the 38% move. Should this happen, SATS may retrace to $0.0000004505 and potentially drop to as low as $0.0000004025. As long as the SATS price remains above this level, a potential bullish move will be in play. A break below this significant price point could however lead to SATS falling to $0.0000003505 and possibly even lower.
In a more bullish scenario, the SATS price may attempt to flip the $0.0000005420 resistance level into support. This could then give the crypto the foundation needed to rise to the subsequent barrier at $0.0000006535 in the following few days.
Technical indicators on the 4-hour chart for SATS show that buyers’ strength is starting to cool down a bit. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators warn that a slight correction may be in the cards for the SATS price.
The slope of the MACD Histogram is negative, which could be an indication of the bullish trend slowing down a bit. In addition to this, the RSI line is negatively sloped towards oversold territory, which generally signals that buyers have weakened against sellers.
SATS THE BREAK LINE SEEMS NOT FARThank you for reading this update.
SATS showing great volume movement.
The break line can be an important extra volume that can support the trend to new levels.
Sats show the daily volume interesting trend.
There is a good chance that SATS can target the yellow break line with a new break volume.
