CRO longforming bullish hammer and RSI is also 30 which indicate the market is oversold for this coin.. Buy 0.1050 target 0.16 almost 20%Longby palanirban001Updated 333
Long ORDIBuy ORDI $42.7, tgt 47, 51, 54, 60+, SL 39. Ready for breakout..Longby crypto360adviceUpdated 111
GALA crypto looks ready for a massive surge Technical Overview Of GALA Crypto Price The GALA price had been doing great until March 10th 2024, when the price was rallying and reached $0.085. But the price was not able to hold on to its gains and plunged by folllowing declining trendline. However, the GALA crypto formed a support at $0.0400 and has been consolidating in a darvas box range. The range signifies that the bulls are holding the key support, and bears are desperately trying to breach the support. But, bears are not that strong to break the support level of $0.0400. This could be a major sign of a comeback as the price needs a push to break the declining trendline and aim for 50% growth on the daily chart. Indicator Analysis And GALA Price Forecast The GALA asset price is demonstrating upward momentum as it keeps above major 50-day and 200-day EMA's. Similarly, the asset is trying to become bullish strength, as the histogram is growing 0.000395, and the RSI is above 50, at 56.87, implying that the GALA asset is in a positive territory and can push further up. An analyst Bitcoinmeraklsi posted an optimistic tweet on X platform, that all eyes are on GALA, and a bullish reversal could be triggered out of this darvas box consolidation. He further stated that the chart looks bullish if BTC gives support, that is, at least if there is no decline from BTC, it would break the decline soon. Overall, the GALA crypto looks ready for a massive surge ahead, as it builds up strength by consolidating in the Darvas box sideways range. Once breached the price could potentially blast through the barrier and skyrocket to new levels from the current demand zone. At press time, the GALA crypto is experiencing a surge of 0.76% in the last 24 hours, trading at $0.04764. Therefore, if the demand for the asset remains high, the GALA asset price could bounce back from the current level. The next target for the GALA price is to reach $0.0700, and $0.0850. However, if the GALA crypto asset price fails to stay above the $0.000 level, it could decline further. Longby Sam_TCR112
Is The Magic Of W Token Fading Away?W token has a market cap of $1.1 Billion and is ranked 80th in the CMC. The volume of the asset price has observed a decline of 40% in the intraday session. It is currently trading near the value of $0.639 with a decline of 2% in the past 24 hours. W token price observed its all time high on APR 3 2024 of $1.61 and is now down by 60% from there. W token price is currently forming consolidated candles on the 4 hour chart. It is trading below the 50 and 100 EMA. The upside trend of W token price can see a halt near $1 while the support price can be observed near $0.4. The RSI of W token price is currently near 52 with a negative slope. The overall sentiment of the RSI is bearish in nature. by Ritika_TCR1
he MACD indicator also exhibits a bullish Recently, the UNI price has embarked on an upward trendline, followed by a period of stability around $9.25. The BuRRow, an analyst, noted that in Uniswap (UNI) the price reached an key level, and pump in price was around 20% in last 24 hours. He further stated that two times from this level price was dumped, and it is the third time. Mainly, If price manges to broke out of this hurdle on the daily chart, then this could lead its price to run towards higher level. But, if the history repeats itself, then price dump could be massive as well.. According to a recent tweet by an analyst, it was observed that on the daily chart of UNI, there has been a surge from the $9.27 support level, and it currently remains above both the 20-day and 50-day EMAs. Correspondingly, the MACD indicator also exhibits a bullish crossover, with a rising histogram at 0.034 for UNI, and the RSI flashed above median line at 63.55. These indicators suggest that its gaining pace and could potentially enter an upward trajectory in the future. As all major tools are displaying positive attitude towards the UNI price. If a strong breakout occurs, the next target for the price of UNI could be at levels such as $13.25 and $15.55. On the other hand, if the price declines, in this scenario, if the price of Uniswap's cryptocurrency fails to maintain its position above the $9.27 level, it may experience further decline. Longby Sam_TCR110
#OCTA Ignited: Don't Miss Out on This Buy Trade**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions. 2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action. 3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis. 4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns. 5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses. 6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions. **Disclaimer for Crypto Trading:** Trading cryptocurrencies carries inherent risks, and it's important to understand the following: Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses. Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky. Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices. This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets. By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.Longby MoonTradingForecast0
Altseason around around the corner - biggest one🚀 Altseason Has Begun! 🚀 Get ready, crypto enthusiasts! The altseason is officially underway, and it's shaping up to be an exciting ride. 🌟 📈 Explosive Growth: Altcoins are experiencing explosive growth, with many showing significant gains. Now is the time to keep an eye on your favorite projects and explore new opportunities in the market. 🔥 Hot Picks: From DeFi tokens to NFT platforms, innovative blockchain solutions are driving the market forward. Don’t miss out on the potential gems that could be the next big thing! 🌐 Diversify Your Portfolio: Altseason is the perfect time to diversify your crypto portfolio. Explore different sectors within the crypto space and find the projects that resonate with you. 💡 Stay Informed: Keep up with the latest trends, market analysis, and expert insights. Knowledge is power, and staying informed will help you make the best investment decisions.by AgsCryptoNews112
Bitcoin Bybit chart analysis June 4Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is a Nasdaq indicator announcement at 11pm tonight. The beat is relatively good. Nasdaq broke its pattern and reached the danger zone. The Nasdaq movement is very important today. Even when looking at the beat and tether dominance movement In sections where there is a high possibility of sideways movement We proceeded with the most reasonable strategy. The purple finger section on the left is $68,950. Yesterday, June 3rd, it was the entry section for long positions, Let’s connect and continue today’s strategy. *Sky blue finger movement path Two-way neutral Short->Long switching strategy 1. Short position entry zone at $69446 / Stop loss when the orange resistance line is broken 2. Switching long position at $68732.5 / Stop loss when breaking out of the light blue support line 3. $70494.5 long position 1st target -> Top 2nd -> Good 3rd Those who have maintained long positions since yesterday When the light blue support line at the bottom breaks away, operate with a stop loss (1 + 4 sections). From the point of breaking the orange resistance line, Since the upward trend can be connected, those who operate short positions You need to be careful If there is an immediate adjustment without short entry Wait for long position in section 1 at the bottom Even if a short entry at the top is successful, Please note that you may be delayed up to 1 section. Strong rise if the purple support line is maintained Even if the green support line strategy is followed, Upward rebound -> This may lead to a vertical rise after tomorrow. Please refer to it. I would like to ask you to simply use my analysis up to this point. I hope you operate safely with principled trading and stop loss required. thank you by BitCoinGuideUpdated 3
#SOL/USDT Bullish Momentum: Eyes on the $250 Target#SOL/USDT Double Bottom Formation and $160 Support Retest: Eyes on $250 Target In the recent price action of SOL/USDT, Solana has formed a classic double bottom pattern, signaling a potential bullish reversal. This pattern, often indicative of a shift from a downtrend to an uptrend, is characterized by two distinct lows at approximately the same level, forming a 'W' shape on the chart. The key support level at $160 has been successfully retested, further validating the double bottom formation and providing a strong foundation for a bullish move. Technical Analysis Overview Double Bottom Pattern: The double bottom pattern is a reliable bullish signal that occurs after a prolonged downtrend. It suggests that selling pressure is waning, and buyers are stepping in to drive the price higher. The two bottoms at around the same price level indicate strong support and the potential for a trend reversal. $160 Support Retest: After forming the double bottom, SOL/USDT retested the crucial support level at $160. This retest confirmed the strength of this support level, as prices rebounded sharply after touching $160. Successful retests are often seen as confirmation signals, giving traders confidence in the new uptrend. Bullish Momentum: Following the retest of $160, SOL/USDT has shown signs of bullish momentum. Key indicators such as increased trading volume, bullish candlestick patterns, and rising moving averages support the notion of a continued upward movement. Price Targets Immediate Target – $200: The first significant resistance level to watch is $200. Breaking above this psychological level could attract more buyers and further fuel the uptrend. Major Target – $250: The primary target for this bullish scenario is $250. Reaching this level would represent a significant gain from current prices and align with the measured move from the double bottom pattern. Risk Management Stop Loss: It's essential to place a stop-loss order below the $160 support level to manage risk. If SOL/USDT falls back below this level, it could invalidate the bullish scenario and indicate further downside potential. Monitor Volume: High trading volume on upward moves is a positive sign, whereas declining volume could suggest a weakening trend. Keeping an eye on volume trends will help validate the strength of the uptrend. Conclusion With the double bottom pattern in place and the successful retest of $160 support, SOL/USDT is well-positioned for a bullish run towards $250. Traders should monitor key resistance levels and volume trends to confirm the continuation of the uptrend. As always, proper risk management is crucial to navigate potential market volatility.Longby crypto_vulture_signals0
ETHUSDT [Spot]Support Levels : 1st support 3,580 2nd support 3,235 3rd support 2,770 Resistance Level : 1st resistance 4,130 2nd resistance 4,640Longby Siva_Saran0
ETHUSD LOOKS BULLISH ABOVE THE CONSOLIDATION ZONEas per the harmonic pattern and price action setup above the consolidation zone, prices should shoot up in ETHUSD. #bullishviewLongby Nite358114
WIFUSDT Momentum Builds: 'W' Pattern Points to Bullish Surge!💎 Paradisers, #WIFUSDT has broken out of a falling wedge pattern and has now formed a 'W' pattern, which increases the probability of a bullish move. 💎 If #WIF closes a candle above the resistance zone, it will validate the 'W' pattern, and we can expect a bullish move. 💎 In the case of a pullback, we can anticipate a bounce from the demand zone, but for confirmation, we need an Internal Change of Character (I-CHoCH) towards the bullish market structure from this point. 💎 However, if a candle closes below the demand zone, it will invalidate our entire idea. In this case, it would be better to disregard this setup and wait for more favorable price action to develop. MyCryptoParadise iFeel the success🌴by MyCryptoParadise_Nathan1
BITCOIN Breakout or Fakeout?To an investor, I would recommend to wait for value which is at 50,000 levels. Do you want to participate at current levels? I may be wrong as BITCOIN is bound to rally to 100,000 one or the other day. But can it do it when rallying from 59,000 levels? I would wait. How about you?Shortby The43TradingCompany6617
ETH : 3 important patterns detectedETH : 3 important patterns detected On the decline : 1- Rising Wedge The price can go lower to 56 000$ _______________________________ On the rise : 2- Falling Wedge : The price can rise to 4 144 $ 3- Bullish Pennnat : The price can reach 4 892 $ _________________________________ To monitor : - EMA.50 and EMA.200 - ICHIMOKU levels : Tenkan and Kijunby Le-Loup-de-Zurich115
BTC Analysis A Glimpse into the Week AheadBitcoin Market Analysis: A Glimpse into the Week Ahead Bitcoin's Ascending Path: EMA Strategy Insights As we step into a new trading week, Bitcoin is making headlines once again, hovering at a significant resistance level. Traders and analysts are keenly observing this price action, given its historical context of selling pressure at this zone. However, this time, the story might unfold differently, thanks to the bullish momentum indicated by the rising 20 and 50 Exponential Moving Averages (EMAs) on the 4-hour timeframe. Understanding EMAs and Their Significance Exponential Moving Averages (EMAs) are a popular tool among traders for their ability to smooth out price data and identify trends more quickly compared to Simple Moving Averages (SMAs). The 20 and 50 EMAs are particularly useful in capturing short to mid-term market trends. When both the 20 EMA and the 50 EMA are rising, it typically signals a strong bullish trend. In our current scenario, Bitcoin's price is not just above these EMAs but is also sustaining itself at a resistance level, hinting at potential strength and resilience in the market. Current Market Dynamics Bitcoin Price: As of now, Bitcoin is testing a key resistance level, one that has previously been a hotspot for selling. However, the persistent bullish sentiment backed by the rising EMAs suggests a possible breakthrough. Support Levels: 20 EMA: Positioned at $66,200, this level acts as the first line of defense for the bulls. 50 EMA: Positioned at $64,680, this level serves as a stronger support and a crucial line in the sand for maintaining the bullish outlook. Strategic Approach: Buy on Dips Given the strength of the rising EMAs, a prudent strategy for the week would be to adopt a "buy on dips" approach. This involves looking for opportunities to enter long positions when the price pulls back to either the 20 EMA or the 50 EMA. These EMAs are expected to act as immediate supports, providing a cushion for the price to bounce back. 20 EMA: Buying at this level can be a good strategy, as it represents the initial support. 50 EMA: This level offers a more robust support and serves as a critical invalidation point. If the price dips below the 50 EMA, it may signal a potential shift in trend, making long positions less viable. The Dynamic Nature of EMAs It's essential to remember that EMAs are dynamic and will adjust as new price data comes in. Therefore, continuous monitoring is crucial. Traders should keep a close watch on the evolving EMA levels and the price action around these zones to make informed decisions. Conclusion: Navigating the Bitcoin Waves As we navigate through the upcoming week, the interplay between Bitcoin's price and the EMAs will be pivotal. While the current bullish setup looks promising, it's vital to stay agile and responsive to market changes. By keeping an eye on the dynamic support levels provided by the 20 and 50 EMAs, traders can position themselves strategically to capitalize on potential upward movements, while also being prepared to adjust their stance if the market narrative shifts. Happy trading, and may your Bitcoin journey be prosperous! 🚀Longby rakeshreddymUpdated 1135
#USDT.D LOST SUPPORT STARTED PLUNGING#USDT.D lost its support, so next support levels are 3.8% and 2.5%. which is bullish for crypto.Shortby crypto_vulture_signals0
BITCOIN: Bearish - Double TOP + Rising WedgeBITCOIN: Bearish – Double TOP + Rising Wedge The market could go back down to around $58 000. In addition, detection of a possible double top on Bitcoin which would bring the price down to around $48 000 Watch for the 50 and 200 exponential moving averages, as well as the Ichimoku levels, and RSI. be carefulShortby Le-Loup-de-ZurichUpdated 2228
#ETH DOUBLE BOTTOM GEARS TO 4100$#ETH FORMED DOUBLE BOTTOM & slight bullish divergence conforms to clear 4100$ resistance. Longby crypto_vulture_signals110
BEL plan 1 or 2 This one is highly manipulated. Would you be able to survive if 2 happens. I did sell early at 0.45 before it did 6x. It dumped 36% right before went parabolic. I still think it is in the attract phase - dump heavily - then next liquidity grab by Hai10Year110
Are Bulls Of Bitcoin Cash Ready For A Run?Bitcoin Cash has a market cap of $9.2 Billion and is ranked 16th in the CMC. It has a VM ratio of 0.02 with a surge of 2% in the overall volume. BCH is currently trading near the value of $470 with a slight gain in the intraday session. Bitcoin cash price is currently in a weak consolidating range. It is trading below the 50 and 100 EMA which can act as resistance for the price. BCH upside trend can see a halt near the value of $550. Meanwhile, the support of the asset price can be observed near $400. The RSI of BCH is currently near 49 with no slope in it. The overall sentiment of the RSI is neutral in nature. by Ritika_TCR1
Are Bulls Of Bitcoin Cash Ready For A Run?Bitcoin Cash has a market cap of $9.2 Billion and is ranked 16th in the CMC. It has a VM ratio of 0.02 with a surge of 2% in the overall volume. BCH is currently trading near the value of $470 with a slight gain in the intraday session. Bitcoin cash price is currently in a weak consolidating range. It is trading below the 50 and 100 EMA which can act as resistance for the price. BCH upside trend can see a halt near the value of $550. Meanwhile, the support of the asset price can be observed near $400. The RSI of BCH is currently near 49 with no slope in it. The overall sentiment of the RSI is neutral in nature. by Ritika_TCR2
MACD indicator also shows a bullishAn analyst, Jelle, Tweeted with the bullish sentiment on the X platform that In Ethena (ENA) a breakout has taken place out of a consolidation range on the daily chart. This could lead its price to run towards $1.50. In a recent optimistic tweet by an analyst, it was observed that on the daily chart for the ENA asset, there has been a significant surge from the support level, and it currently remains above both the 20-day and 50-day EMAs. Additionally, the MACD indicator also shows a bullish crossover, with a rising histogram at 0.0182 for ENA, and the RSI is at 57.59. These indicators suggest that Ethena's cryptocurrency is still gaining momentum and could potentially see further upward movement in the future. If a strong breakout occurs, the next target for the price of ENA could be at levels such as $1.50 and $2.00. On the other hand, if the price declines, in this scenario, if the price of Ethena's cryptocurrency fails to maintain its position above the $0.90 level, it may experience further decline. Longby Sam_TCR0
ONDO has surged moreover, These four altcoins are also igniting to continue to burst upwards. These crypto assets looks more than ready for a massive surge, as it builds up strength to blast through the barrier and skyrocket to new levels from the current zone. Furthermore, the ONDO has surged 1.82% in the intraday, FLR showed intraday surge of 1.0%, and BNB has surged 3.30%. Meanwhile, WIF showed bearishness on intraday with dip of -1.59. Above all , Additionally, Ondo (ONDO), Dogwifhat (WIF), BNB (BNB), And Flare (FLR), all these altcoins indicator tools are highlighting optimism, as well. Longby Sam_TCR0