TradeViewDemiGod

TradeViewDemiGod

BINANCE:XRPUSDT The bears are attempting to initiate a correction in XRP after an unsuccessful try to push the price above the resistance zone of $0.56-$0.58 on April 14. If the bears succeed in pulling the price below the 20-day EMA ($0.50), the XRP/USDT pair could drop down to the 50% Fibonacci retracement level of $0.47. However, this level may attract...

TradeViewDemiGod

BINANCE:BNBUSDT On April 16, BNB breached the HKEX:338 - HKEX:346 resistance zone and continued to rise, but the bulls are struggling to sustain the upward momentum. The bears are attempting to push the price back below the breakout level of HKEX:338 , which could potentially trap aggressive bulls and trigger long liquidation, causing the BNB/USDT pair to...

TradeViewDemiGod

BINANCE:ETHUSDT Ether has been on an uptrend, however, it is facing resistance at a critical overhead level of HKEX:2 ,200, indicating that some short-term traders may be taking profits after the strong rally in recent days. There is a possibility that the ETH/USDT pair could decline to the psychological support at HKEX:2 ,000 and then to the 20-day EMA (...

TradeViewDemiGod

BINANCE:BTCUSDT Uptrends are often accompanied by pullbacks, which not only eliminate weaker investors but also create opportunities for traders to add to their positions or enter the market. Currently, Bitcoin is experiencing a correction as bulls and bears fight for control. However, the question remains whether this is an opportunity to buy or the start of a...

TradeViewDemiGod

TVC:DXY On April 13, the U.S. Dollar Index (DXY) rebounded from the robust support level at 100.82, which suggests that the bulls are fiercely guarding this level. Currently, the index has reached the 20-day EMA (102.32), and the bears may provide substantial resistance to the bulls at this point. If the price falls from the 20-day EMA, the likelihood of...

TradeViewDemiGod

SP:SPX Gradually, the S&P 500 index (SPX) has been approaching the resistance level at 4,200. Recently, the price movement has formed an ascending triangle pattern, which will only be confirmed if the index breaks and closes above 4,200. Should this happen, a new upward trend may begin with a target objective of 4,909. However, buyers are likely to encounter...

TradeViewDemiGod

BINANCE:LTCUSDT On April 13, Litecoin rose from the 20-day EMA of HKEX:91 , indicating that the bulls are still willing to buy during price dips. They attempted to bolster their position further by pushing the price above the immediate resistance at HKEX:96 on April 14. However, the long wick on the day's candlestick suggests that the bears are aggressively...

TradeViewDemiGod

BINANCE:DOTUSDT On April 12th, Polkadot's long tail on the candlestick shows that the bulls purchased the dip to the 20-day EMA ($6.32). Polkadot continued its northward march and broke above the downtrend line on April 13th, but the bulls are facing selling at higher levels. The DOT/USDT pair turned down from the 61.8% Fibonacci retracement level of $6.85, and...

TradeViewDemiGod

BINANCE:SOLUSDT The bulls have built upon the breakout from the downtrend line in Solana, indicating demand at higher levels. The rising 20-day EMA ($21.74) and the RSI near the overbought zone favor buyers. The SOL/USDT pair may rise to $27.12, where the bears may mount a strong defense. If bulls overcome this barrier, the pair may resume its climb toward...

TradeViewDemiGod

BINANCE:MATICUSDT On April 12th, Polygon slipped below the support line of the symmetrical triangle pattern, but the long tail on the candlestick shows that the bulls bought aggressively at lower levels. The MATIC/USDT pair turned up and broke above the 20-day EMA ($1.11) on April 13th, trapping aggressive bears and resulting in a short squeeze. The pair...

TradeViewDemiGod

BINANCE:DOGEUSDT On April 12th, Dogecoin bounced off the moving averages, which can be seen from the long tail on the day's candlestick. The bulls attempted to drive the DOGE/USDT pair above the 38.2% Fibonacci retracement level of $0.09, but the bears did not give in, suggesting negative sentiment and traders selling on rallies. If buyers push and sustain the...

TradeViewDemiGod

BINANCE:ADAUSDT In the Cardano price analysis, the ADA/USDT pair completed the reversal setup by soaring above the neckline of the inverse H&S pattern on April 13. Usually, after a breakout from a pattern, the price turns down and retests the breakout level. In this case, the ADA/USDT pair may dip to the neckline. If the price rebounds off this level, it...

TradeViewDemiGod

BINANCE:XRPUSDT In the XRP price analysis, buyers successfully protected the 38.2% Fibonacci retracement level of $0.49, which pushed the price towards the overhead resistance zone of $0.56 to $0.58. The upsloping 20-day EMA ($0.49) and the RSI in the positive zone indicate that the bulls have a slight edge. If buyers kick the price above $0.58, the XRP/USDT...

TradeViewDemiGod

BINANCE:BNBUSDT The BNB price analysis indicates that the sentiment is turning positive, and traders are buying the dips as the bulls did not allow BNB to dip below the 20-day EMA ( HKEX:317 ) on April 12 and 13. Buyers will try to solidify their position by catapulting the price above the HKEX:338 to HKEX:346 overhead zone. If they manage to do that, the...

TradeViewDemiGod

BINANCE:ETHUSDT The Ether price analysis shows that the bulls are guarding the level at the 20-day EMA ( HKEX:1 ,870) with vigor. The buying continued on April 13, and the ETH/USDT pair started its climb towards HKEX:2 ,200, If the pair manages to push past the crucial level of HKEX:2 ,200, the bears may find it challenging to defend it, and the pair may...

TradeViewDemiGod

BINANCE:BTCUSDT Bitcoin and Ether have surpassed the key psychological levels of HKEX:30 ,000 and HKEX:2 ,000 respectively, indicating that the crypto winter could be coming to a close. While some analysts are predicting an altseason, it may be premature. Typically, when most crypto bears become bullish, Bitcoin experiences a sharp decline, which catches...

TradeViewDemiGod

BINANCE:LTCUSDT On April 11, Litecoin broke above the resistance at HKEX:96 , but the buyers could not hold the higher levels, which is evident from the long wick on the day's candlestick. Currently, the bears have managed to pull the LTC/USDT pair back to the 20-day EMA ( HKEX:90 ). This is an important level to monitor because if the price breaks and closes...

TradeViewDemiGod

BINANCE:DOTUSDT The bears have demonstrated their dominance by rejecting Polkadot at the downtrend line on April 12. If the price falls and sustains below the 20-day EMA around $6.24, it may indicate that the DOT/USDT pair is heading towards the critical support level at $5.70. Conversely, if the price bounces back from the 20-day EMA, it will imply that...