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SUI/USDT Analysis: Buying Areas and probable Liquidity Sweep ?SUI/USDT Technical Analysis: Buying Opportunity, Anticipated Price Bounce, and Potential Liquidity Sweep SUI/USDT presents a compelling buying opportunity within the range of 6300-6400. This price zone serves as an attractive area for market participants looking to accumulate positions. Timing is crucial to capture potential upside movements. Based on our technical analysis, an expected price bounce in the near future is projected for SUI/USDT. Traders can target the range of 8400-8500 as potential profit-taking levels. It is important to note that these levels may act as areas of resistance, attracting selling pressure. A liquidity sweep at the 5100 level is a possibility to consider before SUI/USDT re-claims the buying area of 6300-6400. By patiently waiting for the liquidity sweep and subsequent re-claim of the desired range, traders can optimize their entries, minimizing risk and maximizing potential gains. In conclusion, SUI/USDT offers a buying opportunity within the range of 6300-6400. Traders should be alert to potential price bounces in the range of 8400-8500, while also considering the possibility of a liquidity sweep at the 5100 level. #plan your trade,trade your plan.
by Un_trade
Technical Analysis: PEPE/USDT - Potential Upside?Technical Analysis: PEPE/USDT - Strong Support and Potential Upside When analyzing the PEPE/USDT chart, it becomes evident that the token is currently positioned at a robust support level, accompanied by a noticeable surge in buying pressure. However, it is important to note that sellers are also consolidating their position, seeking to drive the price downwards. For traders considering entry points, the buying area for PEPE/USDT is recommended at 170-173, with an average entry at 160-163 for a more diversified approach. This strategy allows investors to capitalize on the ongoing buying pressure while minimizing potential risks. Based on our analysis, we anticipate a bounce in price towards the range of 220-230. This potential upside presents an attractive opportunity for traders seeking profit potential in the PEPE/USDT market. It is crucial to monitor the price action closely and consider taking profit within this target range. To manage risk effectively, we advise setting a stop-loss order at 132. This stop-loss level acts as a safety net, protecting traders from significant losses in case the market dynamics change unexpectedly. By following these technical indicators and employing a well-defined trading strategy, investors can make informed decisions in the PEPE/USDT market. Stay updated with price movements and market developments to optimize your trading outcomes.
Long
by Un_trade
2
Double Top Patten Or Poll And Flag Patten in Bitcoin What do you think? It's A Double Top Patten Or It's a Big Trap (Bitcoin) After a Strong breakout of 27,000 Flag patterns with volume. Bitcoin easily achieved the 31,456 level in just 4 days this is a 2023 new High of bitcoin. 📢What is the next movement of Bitcoin? As is shown in Bitcoin Chat Last Recently when the "Poll and Fleg" pattern breakout there are Two levels where the price will go... 1️⃣First Price Level 31000 the top of the poll and flag pattern 2️⃣Second Price Level 38000 According to the poll hight So, Bitcoin achieved 31000Level, and Now it was stuck at (31,450 to 29,530) in this whole week. As we show other Markets were going down like Indian stock, Gold, and Forex market. But in the case of Bitcoin, I thought its a "Distribution Zone" Or The second scenario is buyers are booking their profit. Because in the Daily chart, bitcoin was not close to any candle above the 31,000 level this show that This is a "Double Top Patten" is making... ??? What are you think about it let me know in the Comment or Reply section!!!!
by Mohit-Soni
BTC’s price hit $38624.14The price of BTC/USDT has been dumped by -1.05% in the last 24 hours. Bitcoin is shown in the bearish mode & it will touch $24000 in 2023 and in bullish mode it will touch the $38600 in 2023. The previous All Time High was on 10th November 2021 where BTC was priced at $69,045. It has moved by 17.54% in the past week and it currently at $30000 approximately. There is slight bearish sentiment shown in the crypto market But in the long term it will hit the $34900 approximately in 2024. The current market cap of Bitcoin is $582,490,336,788.
Long
by tradewith_ritik
TRX’s price has pumped by 0.57% in the last 24 hours.1) TRX could hit $0.088 in 2023 2) TRON’s price prediction for the most bearish scenario will value TRX at $0.057 in 2023 3) TRON’s previous All Time High was on 5th January 2018 where TRX was priced at $0.23 4) To simplify the latest TRX price prediction, we have divided up the prediction by short term TRON price prediction and long term TRON price prediction. 5) TRX had a trading volume of $288,753,858. TRON has gone up by 3.94% in the past 30 days. 6) According to our analysis in the short term, TRON price prediction for August 2023 shows the average price of TRX at $0.068 and the highest possible price for August 2023 would be $0.072. 7) Further, according to our analysis in the long term, TRON price prediction for December 2023 shows the average price of TRX at $0.073 and the highest possible price for December 2023 would be $0.078.
by tradewith_ritik