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Cryptotrading

BTC long opportunity. Targets 31.4kAs we can see BTC has formed a hammer candle on a retest zone, We might hit a new higher high. If that happens we can surely lookout for long opportunity on next retest near 30460 or if it forms any bullish retest signal above that which will probably give the targets of 31432 & 32000. Let's see & wee. Why? Strong hammer on 78.60% fib. We already have a breakout from a long & strong consolidation from 27.7k to 28.8k. What can go wrong? Wait for a new high. It is also possible to have a double top or head & shoulder near recent high level or before that.
Long
by Doinel33
Will Bitcoin reach $28K level in March?BTC has already gained more than 11% in the month of March. The question is will the rally continue and if we will see the price reaching $28K. With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing). Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe. The next target price is $28300 with stop loss at 21-EMA. Please do not take overleverage trade in the current scenario. Note: Studies are for educational purposes only. We will not be responsible for any of your Profits & Losses. Please trade with a proper risk management strategy to avoid huge capital loss.
by teakfinance
$BTC AnalysisBitcoin rose 2.3% when it finally reached the middle of my liquidity box. This deal occurred in the early hours of the morning, so I missed it even though I wanted to participate. What follows then? I'll wait for Bitcoin to either break my liquidity box, which would then indicate that $22300 would be the next target on the downside, or for BTC to break the resistance trend line, after which it would consolidate before starting its next leg up. Weekly closing is one more thing to keep an eye on; I'll provide an update on it tomorrow. Not a financial advice Trade at your own risk
BITSTAMP:BTCUSD
by utkarshx27
1
Top 4 coins which have outperformed BTCBitcoin has increased by almost 48.97% in the year 2023. Let us have a look at the top 5 coins (based on market cap) which have outperformed BTC (we have not considered meme coins for our analysis). 1.Cardano (ADA) YTD(%): 61.63 Price is currently moving within a range (0.385-0.421). 25% upside movement can be expected if price breaks above the range with 0.527 level acting as resistance. Bearish RSI divergence has formed, thus, keep an eye on price movement. 2. Polygon (MATIC) YTD(%): 86.26 Price moving within parallel channel. 21% upside movement is expected with resistance at 1.72. If price breaks the channel, support can be found at 1.153. 3. Solana (SOL) YTD(%): 150.57 Price is currently moving within a range (19.7-26.75). 56% upside movement can be expected if price breaks above the range with 38.95 level acting as resistance. If price breaks below the range 14.9 level will act as support. 4. Polkadot (DOT) YTD(%): 68.71 Price is currently trading near support (7.13 level). 10% upside movement can be expected with resistance at 8.06. Bearish RSI divergence has formed. If price breaks 7.133 support with high volume, we can expect it to find support at 6.02. Note: Studies are for educational purposes only. We will not be responsible for any kind of your Profits & Losses.
BITFINEX:DOTUSDLong
by teakfinance
Hedera HashgraphOn-Chain Analysis According to DefiLlama, the total value locked (TVL) of Hedera has grown by 88% since 1st Jan 2023 and currently stands at $44.2 million. This increase is driven by the sustained success of Saucerswap and launch of Heliswap and Bubbleswap, as per Messari report. Technical Analysis The two most important metrics in the analysis is price action and volume. Our aim is to trade with trend and trend direction is governed by momentum. When momentum decreases, there is a high probability of market moving sideways. To determine momentum of trend, we will use price and volume. 1. When price crosses above 7-moving average price or breaks resistance with 7-moving average volume > 21-moving average volume, we can say there is high momentum and lesser probability of price breaking below that particular resistance. 2. When price crosses above 7-moving average price or breaks resistance with 7-moving average volume < 21-moving average volume, we can say there is low momentum and higher probability of price again moving below that particular resistance. Support level: 0.847 Resistance level: 0.993 RSI: 70 (high momentum) MACD> signal line Note: Note: Please DYOR before trading/ investing. Studies are for educational purposes only. We will not be responsible for any kind of your Profits & Losses.
Long
by teakfinance
Oasis Network: Privacy focused smart contract platformROSE is the token of the Oasis Network Platform and is used for transaction fees, staking, and delegation. According to DefiLlama, total value locked ( TVL ) has increased by approx. $2m in 2023 and currently stands at $22.06m. Technical Analysis Price of ROSE has increased by 92% in 2023. In the daily timeframe , the token broke its resistance on 21st Jan 2023 and saw an upward momentum of 43%. 0.07244 level is currently acting as a resistance level and 0.06230 as a support level . Teak Finance Watchlist: We provide a list of tokens based on our indicators on a daily basis. Check out the list: in.tradingview.com Note: Please DYOR before trading/ investing. Studies are for educational purposes only. We will not be responsible for any kind of your Profits & Losses.
Long
by teakfinance
1