Not a financial advice. RSI and MACD are not catching up with price action. Volume is also decreasing. A potential short opportunity is there but first let it break and retest the lower wedge trend line.
BTC price has been moving in the consolidation zone for 8 days. If we consider the swing from 31st Dec 2022 - 2nd Feb 2023, the price has followed Fibonacci Retracement with the price bouncing back after reaching the 0.618 retracement level. Any upswing can push the price to the 30k level. Note: Note: Studies are for educational purposes only. We will not be...
Bitcoin 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...
We can expect a major drop in $BTC from 30k-33k. We can open a short position once $BTC retests 30k-33k range. Not a financial advice. Trade at your own risk.
The token has seen almost 139% growth since we published our analysis on 7th Feb 2022 (). The price is above the weekly 50-MA and RSI is above 70 showing upside momentum in the coin. The coin is showing support @ 0.5399 and resistance @ 1.0474 . Entry can be made with appropriate stop loss. Note: Studies are for educational purposes only. We will not be...
solana touching a major trendline of whole bearish market and a good reversal pattern is forming if brokeout can give a good move
Ldousdt good coin to invest in spot As a metaverse coin i am adding this in coin in this weekly breakout from a resisance And il hold it till next bull run
$BTC #BTC $23,479 key support held as expected, $24,690 resistance testing. $24,129 support remains untested yet. Bullish engulfing on last 1D close, requires follow up from today's close. Regaining $24,690 will bring $24,969 reattempt. Weekend is here with bullish engulfing👀👀
$BTC #BTC last 1D closed bearish, $25,095 resistance rejected. Current support $23,713 testing, $23,479 key support as of now. $24,129 will resist.
$BTC #BTC brokeout $24,129 resistance area, $24,969 resistance holding. Testing $24,690 support. DOJI played out with amazing follow up on 1D. Last 1D close hella bullish. $24,690 support yet to be gained if broke $24,129 could be test which will be crucial to hold as a support.
On-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...
$BTC #BTC Yes! Doji on 1D played out with follow up from last 1D close, $22,379 resistance rejected. $21,791 support yet to be tested. Requires to take $22,750 support to resume the climb.
$BTC #BTC $21,452 retested, DOJI on last 1D close looks very good, requires follow up from current daily close. $21,791 resisting hard. Continue watching given S/R areas.
The two graphs seem similar in nature. The question is will BTC follow the same trajectory as that of 2019 before the major bull run of 2020-2021 ? Let us know your views in the comment section...!!!
ROSE 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...
$BTC #BTC $22,379 support came in effect breaking key support at $22,750, initial resistance expected from $22.750. Last 4H close with bearish engulfing, Failed to follow thru on bullish engulfing on 1D. Continue watching given S/R
The price is too low and the trend has been broken. Resistance levels are shown on the chart. Once the resistances are passed, it will work as a support. Red boxes or lines are for daily tf. The targets shown are for the short term. Good Luck.
GRT is the token of an indexing protocol, Graph. The token has gained over 132.9% in the month of February. According to Dune Analytics, the total number of users of the protocol has increased by approximately 34% in the past year. The token saw 66% QoQ increase in revenue from query fees, as per Messari report. The increase in on-chain metrics strengthen the ...