Crypto Fear & Greed Index: 28
Yesterday, the index was 27.
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.
LPT/USDT analysis-
The price has found support and is now rising. If it reaches the support zone again, it indicates a potential buying opportunity for short-term holding.
T.F.- 1-W
ENTRY- 11.780
SL- 8.5
TARGET- 31.3
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
BTC/USDT Elliott Wave Analysis-
Since reaching its lowest point on November 21, 2022, BTC has been on a consistent upward trajectory. The first wave began at $15,476 and peaked at $31,804. Following this, the second wave retraced to $24,901, finding support around the 38.2% Fibonacci level.
The third wave extended from $24,901 to $73,777, establishing a new high. The fourth wave then corrected from $73,777 to $53,485, again finding support near the 38.2% Fibonacci level.
Currently, the fifth wave has commenced, and it is projected to reach the all-time high of $73,777 again. If BTC sustains above this level, it is expected to move up to between $130,000 and $150,000 based on logarithmic analysis, as illustrated in the accompanying figure.
#DCR/USDT analysis -
#DCR shows a rejection from the resistance zone after establishing a lower low. There is an anticipation of further decline from this point with a potential retest of the previous low. For a short entry, wait for a pullback to the resistance zone.
TF : 1h
Entry : $13.11
Target : $11.35
SL : $13.66
#DENT/USD analysis -
#DENT is experiencing an upside pullback on HTF, creating a potential bullish trade opportunity on LTF. Price is holding above the trendline, expected to rise higher soon, and new highs will be tested.
TF : 5min
Entry : $0.000845
Target : $0.000881
SL : $0.000822
#BTC/USDT Analysis-
According to the analysis, BTC has fallen more than 27% from its all-time high. The last time it fell more than 27% was in November 2022. After that, BTC made a new low and then continuously rose from that level.
BTC is expected to find support between 50,580-53,000, which is a major support zone. Once BTC takes support, we can expect some consolidation over the next 3-4 weeks, followed by a potential rally towards a new all-time high
#HOT/USDT analysis -
#HOT is currently consolidating sideways above a support line. The price has tapped into liquidity from previous lows below the support line. It appears poised to move upwards, with the previous high as the target level.
TF : 5min
Entry : $0.00145
Target : $0.00150
SL : $0.00143
#LEVER/USDT analysis -
#LEVER has broken down below the support level with strong bearish momentum. Wait for the price to retest the broken zone for a short entry. The previous low will be tested.
TF : 4h
Entry : $0.00245
Target : $0.00199
SL : $0.00264
#STMX/USDT analysis -
#STMX is currently in a downtrend, trading below the 200 EMA. The price is in a pullback phase and is expected to reject from the resistance zone close to the 200 EMA before potentially dropping further to revisit the previous lows.
TF : 4h
Entry : $0.00510
Target : $0.00426
SL : $0.00548
#BAT/USDT analysis -
#BAT is currently in downtrend, trading below the 200 EMA. The price is in a pullback phase and is projected to test the resistance zone close to the 200 EMA before potentially dropping further to revisit the previous lows. It is recommended to await the price to test the zone before considering a short entry.
TF : 4h
Entry : $0.1970
Target : $0.1728
SL : $0.2067
#IOTX/USDT analysis -
#IOTX be currently rejecting from the rejection zone after forming a lower low. It be expected to decline from there and be testing the previous low. A stop loss will be placed above the rejection zone for risk management.
TF : 4h
Entry : $0.0395
Target : $0.0372
SL : $0.0409
#UNI/USDT analysis -
#UNI is currently in an uptrend, trading above the 200 EMA. The price has reclaimed the 200 EMA support level after a breakdown. Currently, the price is maintaining above the 200 EMA level and is anticipated to rebound from there to test previous highs. It is advisable to wait for the breakout of the $9.669 level for a long entry.
TF : 1D
Entry : $9.669
Target : $11.897
SL : $8.504
#JST/USDT analysis -
#JST is in a downtrend, forming lower lows (LLs) and lower highs (LHs). The price is presently undergoing a pullback and encountering rejection from the resistance zone. It is anticipated that the price will decline from this point and revisit previous lows. Consider waiting for the $0.0288 level to break for a short position.
TF : 4h
Entry : $0.0288
Target : $0.0269
SL : $0.0299
#WINK/USDT analysis -
#WINK is in a downtrend, making lower lows (LLs) and lower highs (LHs). The price is currently experiencing a pullback and facing rejection from the resistance zone. Now, the price is expected to decline from there and will test previous lows.
TF : 4h
Entry : $0.0000988
Target : $0.0000847
SL : $0.0001080
#STG/USDT analysis -
#STG is displaying bullish momentum on the lower time frame (LTF). The price is anticipated to test higher levels. Before entering a long position, it is advisable to wait for the price to pull back and test the support zone.
TF : 15min
Entry : $0.3393
Target : $0.3616
SL : $0.3334
Crypto Fear & Greed Index: 27
Yesterday, the index was 28.
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.
Crypto Fear & Greed Index: 28
Yesterday, the index was 29.
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.
#DGB/USDT analysis -
The current price movement of #DGB shows a rejection from the resistance zone after establishing a lower low. There is an anticipation of further decline from this point with a potential retest of the previous low. To effectively manage risk, it is advisable to set a stop loss above the rejection zone.
TF : 1h
Entry : $0.00716
Target : $0.00616
SL : $0.00757
#ICX/USDT analysis -
#ICX has broken down support levels with a strong impulsive bearish move. Currently, the price is in a correction phase. A retest is pending before the continuation of the downtrend. Wait for the price to test the resistance zone for a short entry, and the previous lows will be the target.
TF : 15min
Entry : $0.1352
Target : $0.1182
SL : $0.1417
#ALGO/USDT analysis -
#ALGO is presently rejecting from the resistance zone after forming a lower low. It is anticipated to decline from this point and test the previous low. A stop loss will be positioned above the rejection zone for effective risk management.
TF : 4h
Entry : $0.1469
Target : $0.1272
SL : $0.1574
#LRC/USDT analysis -
#LRC is currently experiencing a downtrend and is trading below the 200-day Exponential Moving Average (EMA). The price is undergoing a pullback and is anticipated to test the resistance zone close to the 200 EMA shortly before potentially declining further to retest the previous lows.
TF : 4h
Entry : $0.1890
Target : $0.1601
SL : $0.1994
#DENT/USDT analysis -
#DENT be in a downtrend, trading below the 200 EMA. The price be pulling back and is expected to test the resistance zone near the 200 EMA soon, then be dropping further to test the previous lows.
TF : 4h
Entry : $0.00106
Target : $0.00088
SL : $0.00111
#DOT/USDT analysis -
#DOT is in a downtrend, forming lower lows (LLs) and lower highs (LHs). The price is currently experiencing a pullback and facing rejection from the resistance zone. It is expected that the price will decline from this point and revisit previous lows.
TF : 4h
Entry : $6.154
Target : $5.538
SL : $6.462
#ARPA/USDT analysis -
#ARPA is making new lows, the price is currently consolidating near the resistance zone. Wait for a pullback towards the resistance zone and wait for the price to be rejected from the zone for a short entry. The previous low is expected to be tested.
TF : 2h
Entry : $0.0486
Target : $0.0442
SL : $0.0506
#ZEC/USDT analysis -
#ZEC is in an uptrend, making higher highs (HHs) and higher lows (HLs) on lower time frames (LTF) above the 200 EMA. Price is expected to bounce off from there and continue its bullish momentum to test new highs. Wait for a pullback near the support zone for a long entry.
TF : 15min
Entry : $20.74
Target : $21.80
SL : $20.44