Cryptomarket
BTC | 1H: Today PlanMonday low has been cleared and I believe Monday's high is the next target. I'm not certain the bears are going to be sluggish, so there may be a chance for a short squeeze before CRYPTOCAP:BTC hits $25,000. Let's get it up there!
Previous day:
VAH: $25800
POC: $25729
VAL : $25610
Date: 7 Sep 2023
FET/USDT -Key Levels and Potential Price Movements
Introduction:
In this technical analysis, we'll delve into the FET/USDT trading pair, highlighting critical levels and potential price movements.
1. Range High Deviation:
FET/USDT recently witnessed a range high deviation, causing the price to retreat from its peak above 0.2575. This deviation suggests a potential shift in market sentiment, indicating that buyers may be losing their grip on the market.
2. 0.2345 - A Critical Support:
The level to keep a close eye on is 0.2345. If FET/USDT breaks below this critical support level, it could confirm a bearish trend. Such a breach might open the door for further downward movement, potentially testing the 0.2100 support area.
3. Supply Zone: 0.2450 - 0.2500
Should the price dip below 0.2345, traders should pay attention to the 0.2450 - 0.2500 range. This zone, previously acting as support, may now turn into a supply area. Market dynamics often see prices tap into these supply zones before falling further, making it a key region to watch for potential reversals or shorting opportunities.
Scenario 1 (Bullish):
If FET/USDT can maintain support above 0.2345 and starts to show signs of recovery, traders may consider long positions with a target near the recent range high above 0.2575. Remember to set stop-loss levels to manage risk.
Scenario 2 (Bearish):
In case 0.2345 is decisively breached, it might be a signal for a potential downtrend. Traders could look for shorting opportunities, targeting the 0.2100 support level, but be cautious as the market approaches the 0.2450 - 0.2500 supply zone. Ensure risk management with stop-loss orders.
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your research and consult with a financial advisor before making trading decisions.
BNB/USDT- Plotting Key Levels for Short and Long-Term Profits ?
Introduction:
In this BNB/USDT technical analysis, we'll examine critical price levels and potential scenarios for Binance Coin (BNB) against the US Dollar Tether (USDT).
Liquidity Sweep Area - 145-160 USDT:
The first key aspect to address is the liquidity sweep area, which encompasses the price range of 145-160 USDT.
Liquidity sweeps often serve as precursors to major price movements. Traders should closely monitor this range as it could act as a pivot point for future price action.
Accumulation Opportunity at 145-160 USDT:
Within the 145-160 USDT range, we identify a promising opportunity for short-term accumulation.
For traders seeking short-term gains, this area offers a potential entry point to buy BNB.
Market Structure and Long-Term Potential:
If the price rallies and a market structure breakout occurs in the 230-250 USDT range, it could indicate a shift in the long-term trend.
In such a scenario, a retracement to the 200 USDT level may present an excellent long-term buying opportunity. Traders and investors should watch for confirmation of this breakout.
Potential Target at 300 USDT:
Should a market structure breakout occur around 230-250 USDT, with subsequent retracement to 200 USDT, the setup could lead to an exciting long-term opportunity. In this context, a potential target for BNB might be around the 300 USDT mark.
In conclusion, the BNB/USDT technical analysis highlights the significance of the liquidity sweep area at 145-160 USDT as a potential short-term accumulation zone. Additionally, traders should keep a close eye on the 230-250 USDT range for signs of a market structure breakout, which could create a long-term buying opportunity with a potential target at 300 USDT.
Cryptocurrency markets are highly volatile, and it's essential to conduct your research and consult with a financial advisor before making investment decisions.
Bitcoin consolidating after a drop.Bitcoin for last 10 day is being consolidating after a nice fall of 10%.
The coin is consolidating in a range of 1% and there can be a nice move one it breaks the consolidation zone.
On the weekly charts, it is taking support from the 200 ema i.e. 25670 and has retested after testing the levels.
Even on the daily charts, there is also a bearish moving averages cross over and its trading below it. There might be a retest as there is a huge imbalance created.
For the intraday trades. The coin is trading around the 20 ema, on the hourly charts, and below the 200 ema.
The volumes are high when there is a fall and a reduction in the up move.
There is volatility which no giving a clear view in this range.
Let the coin give break out or break down of the levels and trades should be initiated accordingly.
Support :- 25860, 25670
Resistance :- 26185, 26500
Wait for the price action near the levels before entering a trade.
MKR/USDT : Anticipate a rally towards the 1200-1300 USDT range ?
In this MKR/USDT technical analysis, we delve into the potential trading opportunities for Maker (MKR) against the US Dollar Tether (USDT).
1. Buying Area at 850-880 USDT:
The MKR/USDT pair has established a significant buying area in the range of 850-880 USDT. Traders looking to enter the market may consider long positions within this range, taking advantage of the historically favorable risk-reward ratio.
2. Rally Towards 1200-1300 USDT:
Our analysis indicates a high probability of a potential price rally in the MKR/USDT pair. Following the establishment of support in the buying area, a bullish momentum can be expected till 1200-1300 USDT range.
3. Bullish Order Block Confirmation:
Adding to the bullish outlook, the presence of a bullish order block within the buying area (850-880 USDT) enhances the potential for an upward move.
This aligns with our analysis of the buying area as a strong support region and reinforces the probability of a bullish reversal.
Conclusion:
As always, traders are advised to practice proper risk management and stay informed about market developments while executing their trading strategies.
BTC is testing our patience. BIG MOVE INCOMING $BINANCE:BTCUSDT Last 3 months were really historical in terms of volatility and volume for BTC. BTC testing our patience. Now, as BTC price is testing important support line in 1D chart (highlighted in orange line) and also we are very close to 100 MA, we have to be very careful with our trade.
My Analysis:
Condition 1: A close above the $29,650 resistance could send the price toward the $30,000 resistance zone. Any more gains might change the trend and the price might rise toward $30,500. In the stated case, the price could even rise toward $31,200 or even $32,500 in the coming days.
Condition 2: If Bitcoin fails to clear the $29,650 resistance, it could continue to move down. Immediate support on the downside is 29000. A downside break below the $29,000 level might start another steady decline. In the stated case, the price could drop toward $28,000. if it breaks $28000, lets face the worst decline towards $26000.
Please use stop loss and respect your target price.
TOMO BULLISH FAKE PUMPTomo may pump and grab liquidity before going down. may it will be the fake pump from here
PEPE/USDT: Seizing Bullish Opportunities ?
In the ever-evolving realm of cryptocurrency trading, the PEPE/USDT pair has captured the attention of traders seeking profitable opportunities.
1. Bullish Entry Signal: Awaiting Confirmation Above 123
To initiate a favorable buying position, a crucial step is required: a 4-hour closing price above the pivotal 123 level. This acts as a trigger point, signaling a potential shift towards bullish momentum.
2. Liquidity Sweep: Unveiling Opportunities at 105 Levels
Recent market dynamics have witnessed a range low deviation, accompanied by a liquidity sweep at the 105 levels. This event indicates a strategic maneuver to clear out liquidity clusters, potentially paving the way for future price action.
3. Path to Rally: Riding the Bullish Wave Towards 147 Levels
An essential factor in this potential uptrend is the breakage of the existing market structure. Should the market defy previous patterns and display bullish tendencies, the pair could ascend to levels as high as 147.
In Conclusion , Awaiting a 4-hour close above 123 could act as a green light for bullish positions. The recent liquidity sweep at 105 levels sheds light on the intricate maneuvers shaping the pair's trajectory. The prospect of an upswing to 147 levels presents an enticing opportunity, contingent on the reshaping of market structure.
Stay attuned to these developments, as they hold the key to unlocking profitable avenues within the PEPE/USDT trading sphere.
ETH/USDT:- Bullish Momentum Building Towards 1760-1770 Levels ?In this technical analysis, we delve into the current market trends of the ETH/USDT trading pair. The Ethereum cryptocurrency has shown promising signs of bullish momentum, with key buying and selling levels identified for traders to consider.
Buying Area at 1760-1780 Levels:-
Ethereum's recent price action reveals a strong support zone between the 1760-1780 levels. Traders looking to establish long positions can consider accumulating Ethereum within this range, aiming to capitalize on potential price appreciation.
Price Targets at 1950-1960 Levels:-
The ETH/USDT pair is exhibiting a promising uptrend, with price targets set at the 1950-1960 levels. It is essential to monitor price movements closely, as a sustained breach above this range could trigger further gains.
Bullish Order Block Opportunity:-
An intriguing opportunity arises from the presence of a bullish order block at 1760-1770 levels. This block signifies a strong demand area, highlighting the potential for upward price movement. Additionally, if the market corrects itself and ETH/USDT retraces to the 1650-1680 levels, astute traders can consider this a "buy for bag" opportunity.
By staying informed about these key levels and potential opportunities, traders can position themselves for success in the dynamic world of cryptocurrency trading. Follow us on Trading View for real-time updates, in-depth analyses, and actionable insights to enhance your trading journey.
BTC/USDT :- Anticipating Price Swing and Bullish Order Block?
Welcome to this comprehensive technical analysis of BTC/USDT. In this analysis, we'll delve into recent price trends, potential support and resistance levels, and a notable bullish order block.
Price Projection and Swing Potential:
BTC/USDT has experienced a recent downturn, with the price having potential to retrace towards the 28200-28000 range. This correction could provide a healthy reset for the cryptocurrency, potentially offering traders an opportunity to accumulate at a lower price point.
Anticipated Price Rally:
As the price tests the support area around 28200-28000, a rebound could lead to a notable rally. Traders should closely monitor the price action as it approaches the 30200-30400 range. This resistance level could serve as a critical test for BTC/USDT's bullish momentum.
Bullish Order Block Analysis:
A key highlight in our analysis is the presence of a bullish order block at the 28200 level. Order blocks often act as significant support zones, reflecting a cluster of buy orders. The presence of a bullish order block enhances the likelihood of a rebound from the 28200 level, potentially validating our projection of a price swing towards the 30200-30400 range.
Conclusion:
The BTC/USDT technical analysis suggests a potential fall towards the 28200-28000 range, presenting an opportunity for traders to accumulate. A subsequent price rally towards the 30200-30400 range is anticipated, contingent on successful support confirmation. The presence of a bullish order block at the 28200 level further bolsters our analysis.
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SOL/USDT:-Potential Bullish Reversal , Price Tests Key Support ?
In this technical analysis, we'll examine the recent price action of SOL/USDT, focusing on crucial support and resistance levels.
Buying Area and Expected Price Movement:
SOL/USDT has found notable support within the range of 23.50 to 24.
Traders should closely monitor this range, as it presents an optimal buying opportunity.
Bullish Signal Confirmation:
A significant sign of bullish strength is the scenario where the price breaches the lower boundary of the range, only to be reclaimed by buyers shortly afterward.
This suggests strong buying interest and the potential for an upcoming bullish reversal.
The SOL/USDT technical analysis suggests a potentially bullish scenario as the price tests the critical support range of 23.50-24. Traders should be watchful for a bounce towards the 26-27 levels. The bullish strength demonstrated by the price reclaiming the lower boundary of the range further supports this anticipated reversal.
Follow our TradingView profile for more insights into SOL/USDT and other trading opportunities.