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Technical Analysis for USTC/USDT - July 17, 2024
USTCUSDT
, 240Long
USTCUSDT: Technical Analysis for USTC/USDT - July 17, 2024

Current State The current chart for USTC/USDT on KuCoin exchange shows a price of $0.02043, experiencing a decline of 3.18% in the latest trading session. The chart includes several crucial technical indicators and patterns that provide insight into the current market conditions and possible future price movements. Exponential Moving Averages (EMAs): EMA 50: At...

Potential BTC LONG setup - Ascending Channel
BTCUSDT
, 1DLong
BTCUSDT: Potential BTC LONG setup - Ascending Channel

BTC has been ranging within an ascending channel since mid-October of 2023 and is currently testing the lower trendline of the channel. If the trendline holds, we can expect a bullish move back towards 49k. If the trendline fails, BTC will likely retest the 41k - 40k support area. Keep in mind that recent ETF approvals have created additional uncertainty in the...

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