Short potentialOn day chart
I see the support around $2.4
On 4h TF
After OP breakdown $2.9 it made another structure from up to down if OP close below swing low $2.615 so need to wait for confirmation
OP has resistance around $3.25 and strong support around $2.4 this level is target for short position
Time will tell
DEFI
UMA (UMA): AI coin is underpriced by the market – Time to buy?The start of 2023, the broader crypto market is bullish and its positive sentiment at the current bullish momentum could see UMA prices bounce higher.
Can the UMA token price regain momentum and test new highs this year? Let's perform an analysis of the price of the UMA coin, but first like, share and comment.
The UMA/USDT price is trading on the 4H chart inside a bullish channel (green lines) and close to the resistance just above it at § 2,173 (purple line), which once broken, projects a rise in the UMA prices up to the next resistance at the $3,045 range (purple line), with some correction in UMA prices on the way to gain momentum before breaking through the resistances above. On the other hand, if UMA prices miss the lower line of the bullish channel (green lines) it should test the support at $1,648 (purple line).
The technical indicator of blue line and yellow line moving averages are supporting the UMA price action in favor of the direction of the uptrend in the very short term. Please read the warning below before making any decision.
ALERT: As this analysis is public and market knowledge, it is easy for the market and the big manipulators to play against this analysis, if it is not convenient for the market, so that it can be misconfigured and invalidated, therefore the analysis price is always constantly updated, and can change in a matter of minutes, depending on which way the market manipulates the price.
#DEGO Entering on the confirmed breakout#DEGO Entering on the confirmed breakout from the Descending Channel. on 1 hr TF.
Descending channel breakouts are usually breakouts on upside.
We have marked up OBV bullish divergence which shows prices may go up.
We have marked up RSI bullish divergence which also shows prices may go up.
This is for educational purpose. Consult your financial advisor before invest in the crypto.
Cryptocurrency investment is subject to market risk. Manage your risk accordingly.
#Dego is good on-chain Finance project and it has combination of Defi+NFT protocol & infrastructure.
LSS- Price Prediction (NFA)What is LOSSLESS (LSS) ?
Lossless Protocol freezes fraudulent transactions based on a set of fraud identification parameters and returns stolen funds back to the owner’s account.
As per my view, the project seems to be good and huge upside potential. (NFA)
Even it goes to its previous high, it will be a good (5-6x).
If the trend remains bullish, so y not.
Let's c.
It's totally my perception, please do your own research.
#KUCOINGEM
#NFA
#DYOR
KUCOIN:LSSUSDT
#MUTHOOTFIN #MANAPPURAM $GLD #NBFC #Stocks #DeFi #Banknifty #NSE#MUTHOOTFIN
NSE: MUTHOOTFIN
CMP: 1311.60
Targets: 1400+
Might hold for 1445++
Time Frame: Less than 2 months.
Analysis: Uptrend Begins Higher Low Higher High Flag Pattern Cup and Handle Pattern Head and shoulder Pattern Double Bottom Pattern Breakout Price Action Earnings improved Super Bullish on this stock. Might blast to more than 1445 in long run.
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for the latest stock recommendations for free. From Rachit Sethia with 💚
Peer: NSE: MANAPPURAM
#MANAPPURAM #MUTHOOTFIN $GLD #NBFC #Stocks #DeFi #Banknifty #NSE#MANAPPURAM
NSE: MANAPPURAM
CMP: 162.90
Targets 190++
Might hold for 235++
Time Frame: Less than 2 months.
Analysis:
Uptrend Begins
Higher Low
Higher High
Flag Pattern
Cup and Handle Pattern
Head and shoulder Pattern
Double Bottom Pattern
Breakout
Price Action
Earnings improved
Super Bullish on this stock.
Might blast to more than 240 in long run.
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for the latest stock recommendations for free.
From Rachit Sethia with 💚
UNI-USDT(Ascending Triangle Breakoout)1. With TVL in the DEX protocols standing at $16 Bn, Uniswap stands in the third position with $4 Bn locked in its protocol.
2. UNI has been trading above its 20 and 50 DEMA. It is not able to sustain above $35. Closing above $35 on Daily Time Frame may trigger fresh buying to the upside to the levels of $39 followed by $45 .
3. The support to the lower side is present at $32.5 .