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#FLOKI/USDT analysis:
On weekly timeframe, the price was trading below all-time high for more than 42 weeks. The price formed ascending triangle pattern.
The price gave breakout and increased more than 480% from the breakout level as shown in the chart.
This strong momentum shows that that the FOMO is started in crypto world.
Note: This is just an educational post.
Crypto fear & greed Index: 88
Whenever this index reaches 95 then major selling happens. When this index goes above 90 then it is a red sign and correction can happen at any time.
Note: This indicator shows the overall market sentiment.
#FIS / USDT :
TF : 1H
- The price is in an uptrend, trading above the 200ema. After a correction phase, the price is currently consolidating sideways along the 200ema.
- It's expected to find support there and test the previous swing high. Just wait for the breakout of the $0.7500 level to go long.
Expected Returns : +20%
Plan :
Entry : $0.7500
Target : $0.9059
SL : $0.6479
#SKL / USDT :
TF : 4h
- The price is in an uptrend, trading above the 200ema. It recently bounced back after finding support over the 200ema. It's expected to rise even higher and form new highs.
Expected Returns : +20%
Plan :
Entry : $0.1100
Target : $0.1349
SL : $0.0938
#COMP / USDT :
TF : 4H
- The price is in an uptrend and trading above the 50ema. It's moving with strong bullish momentum, and the slope of the 50ema is positive.
- Recently, it broke out of a trendline after finding support over the 200ema. It's expected to rise even higher.
Expected Returns : 20%
Plan :
Entry : $93.03
Target : $111.87
SL : $80.9
#CHR / USDT :
TF : 4H
- The price is in an uptrend and trading above the 200ema. It recently broke out of a trendline after bouncing back from the 200ema.
- It's expected to rise higher and form a new high. To manage risk, you can place a stop loss below the 200ema.
Expected Returns : 22%
Plan :
Entry : $0.445
Target : $0.547
SL : $0.377
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#PHB / USDT :
TF : 1H
- The price is trading in an uptrend above the 200EMA. Currently, it's in a correction phase after a strong bullish move and is now pulling back near the 200EMA.
- We expect the price to retrace and find support over the 200EMA and support zone. Wait for the price to bounce back from there before considering going long. It's anticipated that the price will test the previous swing high.
Expected Returns : +20%
Plan :
Entry : $3.00
Target : $3.71
SL : $2.55
#KDA / USDT :
TF : 1H
- The price is in an uptrend, trading above the 200EMA. Currently, it is consolidating sideways near the support zone around the 200EMA. It is likely to bounce back from here and test its previous highs.
Expected Returns : +13%
Plan :
Entry : $1.712
Target : $1.943
SL : $1.570
#SPELL / USDT :
TF : 4H
- The price is in an uptrend, making new highs above the 200EMA. Currently, it is in a correction phase. We expect it to test the support zone and find support there.
- Look for the price to bounce back from there, continue its trend, and test the previous swing high.
Expected Returns : +45%
Plan :
Entry : $0.00116
Target : $0.00173
SL : $0.000857
#POWR / USDT :
TF : 4H
- The price is currently in an uptrend, trading above the 200EMA. Recently, the price has bounced back after finding support above the 200EMA. It is likely to continue its trend and test new highs.
Expected Returns : 20%
Plan :
Entry : $0.408
Target : $0.492
SL : $0.357
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#BURGER / USDT :
TF : 4H
- The price is in an uptrend above the 200 EMA. It's continuing its bullish trend, bouncing back from the 200 EMA after a pullback. It's likely to form a new high. Place the stop loss (SL) below the current swing low.
Expected Returns : 35%
Plan :
Entry : $0.776
Target : $1.048
SL : $0.594
#DOGE/USDT analysis:
On weekly timeframe, the price formed descending triangle pattern on a longer period of time. Also, price formed symmetrical triangle pattern on a shorter period of time inside the descending triangle pattern. On a same timeframe, the pattern under pattern formation is a bullish sign for the price action trade.
Price gave breakout and increased more than 110% returns from the breakout level as shown in the chart.
Note: This is just an educational post.
#POND / USDT :
TF : 1H
- The price is in an uptrend, trading above the 200ema. It's currently trading sideways over a support zone.
- It's likely to find support in that zone and bounce back to go long. It's expected to test the previous swing high. Look for entry near support zone.
Expected Returns : 16.5%
Plan :
Entry : $0.034
Target : $0.039
SL : $0.030
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#HOOK / USDT :
TF : 4H
- The price is in an uptrend, trading above the 200EMA. Currently, it's in a correction phase and is likely to retrace back to the support zone.
- Once it bounces back from there, we can consider going long. After finding support near the 200EMA, the price is expected to continue its trend.
Expected Returns : 24%
Plan :
Entry : $1.320
Target : $1.641
SL : $1.095
#APE / USDT :
TF : 1H
- The price is in an uptrend, trading above the 200EMA. Currently, it is consolidating over a support zone that is sloping upward.
- We expect the price to bounce back from there and continue its trend, forming new highs. Just wait for the price to break out above the $2.348 level to go long.
Expected Returns : 20%
Plan :
Entry : $2.348
Target : $2.818
SL : $2.054
#MINA/USDT analysis-
Price previously gave breakout and now, it is in the uptrend. Price took support exactly where the previous resistance was and it is trading near the resistance zone.
Price is in the consolidation zone for almost more than 24 hours.
T.F.- 5-Minute
ENTRY- as soon as it gives breakout i.e. around 1.5451-1.5455
SL- Below around previous swing low i.e. around 1.5185 or as per the risk management
TARGET 1- 1.5715
TARGET 2- 1.5980
Note- If stop loss hits before entry then ignore the trade as per the price action will formed differently.
#CVX / USDT :
TF : 4H
- The price is in an uptrend, forming higher highs (HHs) and higher lows (HLs) above the 200EMA.
- Currently, the price is consolidating over the support zone. It is expected to bounce back from this zone and test the current resistance level near the previous swing high.
Expected Returns : 19%
Plan :
Entry : $4.637
Target : $5.520
SL : $4.078
#XEC / USDT :
TF : 1h
- The price is currently in an uptrend and consolidating sideways near the support zone. It's expected to continue its bullish momentum soon.
- Look for a retracement to the support zone and wait for the price to show signs of rejection or bounce back as confirmation to go long. It's also expected to test previously rejected areas.
Expected Returns : 19%
Plan :
Entry : $0.00006484
Target : $0.00007725
SL : $0.00005740
#XVG / USDT :
TF : 1H
- The price is in an uptrend and is currently consolidating sideways above the 200 EMA.
- After breaking down below the 200 EMA, the price has regained that level. We can expect the price to continue its bullish momentum and test its previous high. Just wait for the breakout of the $0.00607 level to go long.
Expected Returns : +14%
Plan :
Entry : $0.00607
Target : $0.00697
SL : $0.00553
Invested at $0.0147 and have now seen a gain of over 600%, turning $2,400 into $15,100. This showcases the strength of making the right choices and holding onto them.🔥
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