💡Don't miss the great buy opportunity in LTCUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (173.10).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LTCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 188.91
TP2= @ 208.91
TP3= @ 232.29
TP4= @ 247.44
TP5= @ 263.57
SL= Break below S2
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USDT-P
💡Don't miss the great buy opportunity in DOGEUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.2265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 0.2420
TP2= @ 0.2567
TP3= @ 0.2711
TP4= @ 0.2922
TP5= @ 0.3162
SL= Break below S2
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Cardano Symmetrical Triangle Pattern breakout A bullish symmetrical triangle is a bullish continuation chart pattern, the movement preceding the triangle's formation must be bullish.
Breakout CMP - 2.3 USDT (Entry point)
SL - 1.9 USD
TP1 - 3 USD
TP1 - 3.5 USD
P.S. - This is not financial advice, Trade at your own risk.
💡Don't miss the great buy opportunity in BTCUSDT @Bitcoin Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (48086.72).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 49248.21
TP2= @ 50488.45
TP3= @ 51013.85
TP4= @ 51962.25
TP5= @ 52845.89
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCUSDT @Bitcoin Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (50100).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 52319
TP2= @ 55368
TP3= @ 57729
TP4= @ 59521
TP5= @ 64715
SL= Break below S2
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💡Don't miss the great buy opportunity in MFTUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01388).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MFTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 78
Take Profits:
TP1= @ 0.01600
TP2= @ 0.01885
TP3= @ 0.02224
TP4= @ 0.02700
TP5= @ 0.03316
SL= Break below S2
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💡Don't miss the great buy opportunity in SOLUSD @solanaTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (114.02).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SOLUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 120.00
TP2= @ 130.14
TP3= @ 142.53
TP4= @ 155.00
TP5= @ 166.72
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.947).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 3.150
TP2= @ 3.400
TP3= @ 3.568
TP4= @ 4.000
TP5= @ 4.248
SL= Break below S2
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💡Don't miss the great buy opportunity in AVAXUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (42.55).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AVAXUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 46.68
TP2= @ 52.28
TP3= @ 58.97
TP4= @ 68.43
TP5= @ 80.00
SL= Break below S2
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💡Don't miss the great buy opportunity in ETHUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3343.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 3591.00
TP2= @ 3974.00
TP3= @ 4213.47
TP4= @ 4367.64
TP5= @ 4643.47
SL= Break below S2
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💡SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast:
While the price is above the support of 22.15, a resumption of an uptrend is expected.
We make sure when the resistance at 28.75 breaks.
If the support at 22.15 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI resistance #1 at 48 is not broken, the probability of price increase would be too low.
A trough is formed in the daily chart at 22.87 on 08/20/2021, so more gains to resistance(s) 24.50, 25.75, 26.60, and maximum to Major Resistance (28.75) is expected.
Price is above WEMA21, if a price drops more, this line can act as dynamic support against more losses.
The relative strength index (RSI) is 47.
Take Profits:
TP1= @ 26.60
TP2= @ 28.30
TP3= @ 29.85
TP4= @ 33.45
TP5= @ 37.50
TP6= @ 44.20
TP7= @ 49.80
TP8= @ 60.00
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💡Don't miss the great buy opportunity in HOTUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.010628).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.011458
TP2= @ 0.012493
TP3= @ 0.013450
TP4= @ 0.014862
TP5= @ 0.016826
SL= Break below S2
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💡Don't miss the great buy opportunity in RVNUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1419).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.1596
TP2= @ 0.1737
TP3= @ 0.1860
TP4= @ 0.2040
TP5= @ 0.2348
SL= Break below S2
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💡Don't miss the great buy opportunity in MKRUSD @MakerDAOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3485.14).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MKRUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 4100.14
TP2= @ 4628.64
TP3= @ 5359.64
TP4= @ 5853.13
TP5= @ 6346.62
SL= Break below S2
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💡Don't miss the great buy opportunity in ADAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.610).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ADAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 81.
Take Profits:
TP1= @ 1.740
TP2= @ 1.831
TP3= @ 1.949
TP4= @ 2.148
TP5= @ 2.467
SL= Break below S2
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ForecastCity English Support Team ❤️