Cake/USDT Chart Analysis: Is It Time to Buy? Cake (CAKE) is a popular cryptocurrency that has been in the news lately due to its recent price movements. The coin has been experiencing pressure as investors are selling following the unlocking of tokens. This article will provide a detailed chart analysis of Cake/USDT and explore whether it is a good time to...
ETH/USDT Technical Analysis Alert Current price: TSE:1870 Key levels: Support: HKEX:1800 , HKEX:1705 , TSE:1619 , TSE:1476 Resistance: HKEX:1880 , TSE:1930 - TSE:1950 (red box area) Recent bounce off the HKEX:1800 support level, approaching HKEX:1880 resistance. A break above this level could lead to a test of HKEX:2500 , while a break below...
Potential Trading Setup Alert BTCUSDT has bounced after a candle close below support and formed a bullish engulfing pattern. This indicates that BTC may hit $27800-$27900 before any further breakdown. My short bid is at $27800-$28000 with a stop loss at any 4H close above $28000 and my target is $25200. Remember, trading carries risk, so it is important to do...
ETC/USDT Technical Analysis: Potential Breakout on the Horizon Ethereum Classic (ETC) is currently trading at $19.60 against the US Dollar Tether (USDT) on the 1-hour chart. Technical analysis suggests that a potential breakout may be on the horizon, with the next target being $21.14, a 7% increase from the breakout level. LTF (1H) Chart Analysis: Looking at...
Ethereum Chart Analysis:- Ethereum (ETH) is currently trading at TSE:1841 and looks bearish in the high timeframe (8H). There is a potential formation of a head and shoulders pattern that may suggest a price target of HKEX:1500 in the coming weeks. Investors should keep an eye on the HKEX:1830 level, which could potentially act as a support level before a...
#Bitcoin Update: Unfortunately, it's not looking too bright for #BTC at the moment. After losing trend-line support at $28k, the cryptocurrency experienced a sharp fall towards the FWB:27K level. With not much bullish strength in sight, we are now expecting a move towards $26k in the coming weeks. That being said, it's important to keep an eye on the charts...
#Bitcoin Update: Unfortunately, it's not looking too bright for #BTC at the moment. After losing trend-line support at $28k, the cryptocurrency experienced a sharp fall toward the FWB:27K level. With not much bullish strength in sight, we are now expecting a move toward $26k in the coming weeks. That being said, it's important to keep an eye on the charts and...
SOL/USDT Technical Analysis: Bullish Long-Term Potential, but Short-Term Resistance Ahead Key Takeaways: SOL/USDT is currently trading at $21.75, 175% up from its recent bottom. An inverse head and shoulder pattern's neckline resistance has been broken, but a recent bearish close warrants caution. The key level to watch is HKEX:25 , as a break above this...
ETH/USDT Technical Analysis: Will Ethereum Price Move Up or Down? Ethereum (ETH) is one of the most popular cryptocurrencies, and its price has been volatile in recent weeks. In this technical analysis, we will look at the chart patterns and indicators to determine the possible direction of Ethereum price. Chart Analysis: According to our chart analysis,...
Binance Coin (BNB) Technical Analysis: A Bearish Outlook for Short-term, Bullish for Long-term Binance Coin (BNB) is one of the most popular cryptocurrencies in the market, and it has been on a rollercoaster ride recently. Currently trading at FWB:334 , BNB has risen by 82% from its recent bottom, but it is still far from its all-time high (ATH) of HKEX:700 in...
APT/USDT Technical Analysis: Is the Bearish Trend Here to Stay? $APT/USDT is currently trading at $11.40 and the technical analysis suggests that there could be a potential bounce in the short term. However, the overall trend remains bearish and there is a possibility of a breakdown below the HKEX:11 support level. In this article, we will take a closer look...
Bitcoin Technical Analysis: Strong Support at $28700, Potential for $36000 Target Bitcoin has been trading at HKEX:29300 , and as per the chart, it has broken out of the $28700 resistance level and is now doing a retest at that level. This article will provide a technical analysis of Bitcoin and highlight the potential for a bullish or bearish trend. Key...
Altura Partners with Unity: A Promising Future for ALU Altura, a cryptocurrency that recently partnered up with gaming giant Unity, is garnering attention from investors. Technical analysis suggests that ALU is looking bullish in the weekly chart, having broken major resistance levels. This article will delve into the potential of Altura, its entry levels,...
RJV/USDT Technical Analysis: Is Rejuve.AI Worth the Investment? Rejuve.AI or RJV is a decentralized AI-powered longevity network that allows users to measure and track longevity, improve their health span, and earn RJV tokens. With its promising features, investors are wondering whether it is worth investing in. In this article, we will conduct a technical...
SNX/USDT Technical Analysis: Bullish Long-Term Outlook with 200% Upside Potential The SNX/USDT pair has confirmed a breakout in the high time frame (HTF), indicating a bullish outlook for the long term. As of writing, the price is trading around HKEX:3 , with the breakout level at $2.70 and a retest level at $2.25. This technical analysis aims to provide...
AUDIO/USDT Technical Analysis: Inverse Head & Shoulder Pattern Indicates 200% Potential Upward Movement In the world of cryptocurrency, Audio (AUDIO) is currently trading at $0.37. Traders and investors are always on the lookout for potential breakout opportunities to earn profits. In this technical analysis, we will look at the Audio/USDT chart and identify a...
BTC/USDT Chart Analysis: Will Bitcoin Rebound to HKEX:36 ,000 or Further Decline to HKEX:27 ,950? Introduction: Bitcoin (BTC) has been fluctuating in price, making it a challenging task to predict its next move. The current market price of BTC is HKEX:29 ,642, and as per our chart analysis, we have already hit both targets. However, as the market is...
Binance Coin (BNB) Technical Analysis: Is a HKEX:1000 Target Possible? Binance Coin (BNB) has been on a bullish run lately, with the altcoin market as a whole seeing significant gains. At the time of writing, BNB is trading at FWB:340 , and technical analysis suggests that there may be more upside potential in the near term. Takeaways: BNB is currently...