BITCOIN exchange reserves hit an ALL-TIME LOW again in October.
A major supply squeeze is expected, which could lead to a significant price surge🚀
BITCOIN has gained 5.71% so far this month.
The average return for October is +21.47%, leaving 14 days for Bitcoin to potentially close this gap.
#DATA/USDT analysis :
#DATA is currently trading above the support zone and is expected to break it, continuing its bearish direction. Since the price has already been rejected from the 200 EMA, a support break is anticipated soon. For a short entry, wait for the price to break below the $0.03437 level.
TF : 1D
Entry : $0.03437
Target : $0.02766
SL : $0.03864
#LSK/USDT analysis :
#LSK has broken down and retested the resistance zone. The price is expected to bounce back from there and continue its bearish momentum to test the previous swing low.
TF : 4H
Entry : $0.825
Target : $0.745
SL : $0.878
#REEFUSDT.P Analysis-
1. REEFUSDT surged nearly 1700% from its low in just 45 days, only to drop by 80% from the swing high within 2 days.
2. This is a classic example of a pump-and-dump trade.
3. It highlights the critical importance of using a trailing stop-loss.
4. A trailing stop-loss must be implemented to protect against unfavorable market moves before incurring any losses.
#KEY/USDT analysis :
#KEY is currently undergoing a correction phase and is likely to retest the support zone which is now resistance for the price, after the breakdown. It is expected to test this zone before continuing its bearish trend to reach previous lows. Wait for retest for short entry.
TF : 1D
Entry : $0.004172
Target : $0.003322
SL : $0.004644
#DOGE/USDT analysis :
#DOGE has breakout and retested the trendline after establishing support above the 200 EMA. The previous swing high will serve as the target level.
TF : 1W
Entry : $0.11357
Target : $0.21400
SL : $0.08734
#THETA/USDT analysis :
#THETA is currently undergoing a retracement to the support zone. The price is expected to test this zone and then bounce back to test the recent swing high.
TF : 4h
Entry : $1.226
Target : $1.324
SL : $1.160
#LINK/USDT analysis :
#LINK is currently consolidating near the resistance zone and is facing rejection from there. The price is expected to revert back from this level and test the previous swing low. It is advisable to wait for the price to retest the zone before entering a short position.
TF : 1H
Entry : $11.09
Target : $10.86
SL : $11.25
#ETC/USDT analysis :
#ETC is currently consolidating sideways within the support and resistance zones. The price has recently bounced back from the support zone and is expected to continue its momentum to test the resistance zone.
TF : 1D
Entry : $18.88
Target : $20.52
SL : $17.66
#LTC/USDT analysis :
#LTC is currently experiencing a pullback towards the 200 EMA on the higher time frame. The price is expected to rise from the current level and test previous highs. For a long entry, it is advisable to wait for a break above the $67.67 level.
TF : 1D
Entry : $67.67
Target : $76.31
SL : $61.69
#POLYX/USDT analysis :
#POLYX has broken out and retested the support zone above the 200 EMA. The price is expected to continue its bullish momentum and test previous highs.
TF : 15min
Entry : $0.2353
Target : $0.2593
SL : $0.2232
Crypto Fear & Greed Index: 71
Yesterday, the index was 73.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#SUPER/USDT analysis-
The price formed cup and handle pattern and if it gives breakout then it has potential to up till the ATH.
T.F.-1-W
ENTRY- as soon as it gives breakout i.e. 1.45-1.46
SL- below the breakout candle
TARGET- 4.77
#MBL/USDT analysis :
#MBL is currently consolidating above the support zone. The price is expected to test this zone again before moving towards the swing high. It is recommended to wait for a pullback to enter a long position.
TF : 1D
Entry : $0.002672
Target : $0.003095
SL : $0.002527
#REN/USDT analysis :
#REN is currently consolidating within support and resistance zones. The price has rejected from the 200 EMA and is now expected to test the previous swing low support levels. For a short entry, it is advisable to wait for a pullback to the 200 EMA.
TF : 4H
Entry : $0.03791
Target : $0.03328
SL : $0.04056
#XTZ/USDT analysis :
#XTZ has broken out and retested the previous swing high and the 200 EMA. The price is expected to bounce back from this level and test the higher levels.
TF : 4H
Entry : $0.694
Target : $0.744
SL : $0.661
Target hit successfully within 45 minutes of the entry taken🔥✔️
Congrats to those who made profit on this signal🤝
#BTC/USDT Analysis-
After a strong move, BTC retraces back and taken support around the breakout level. It recently broke out of W pattern and it is ready to go up with 1:2 risk to reward ratio.
T.F.- 15-M
ENTRY- as soon as it gives breakout above 65965-66000
SL- 65230
TARGET- 67425
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#DENT/USDT analysis :
#DENT is currently trading within a multiple time-tested resistance zone and the 200 EMA. It is expected to reverse from this point, showing bearish momentum and potentially testing the previous swing low.
TF : 1D
Entry : $0.000938
Target : $0.000768
SL : $0.00102
#TFUEL/USDT analysis :
#TFUEL has bounce back from the support zone and break above the trendline. Price is expected to continue its bullish momentum and test previous highs.
TF : 4h
Entry : $0.06237
Target : $0.06954
SL : $0.05766
#ZRX/USDT analysis :
#ZRX is currently consolidating within the resistance zone. The price is anticipated to reject from this level and test the previous support levels, where bullish momentum is expected to emerge.
TF : 15min
Entry : $0.3248
Target : $0.3161
SL : $0.3293
#IOTA/USDT analysis :
#IOTA is currently consolidating sideways within the support and resistance zones. The price has recently bounced back from the support zone and is expected to continue its momentum to test the resistance zone.
TF : 1D
Entry : $0.1250
Target : $0.1443
SL : $0.1127
#APT/USDT analysis :
#APT is in an uptrend, forming higher highs (HHs) and higher lows (HLs). The price has broken out and retested the support zone. It is likely to continue its bullish momentum and test the previous swing high.
TF : 4h
Entry : $8.45
Target : $9.51
SL : $7.83
#STG/USDT analysis :
#STG is currently consolidating sideways within support and resistance zones. The price has bounced back from the support and is likely to test the resistance zone.
TF : 4h
Entry : $0.2866
Target : $0.3000
SL : $0.2777