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#Update on BTC/USDT Analysis-
According to the analysis, after falling more than 30% in just one week, BTC has found support precisely at 49,000.
There are five psychological probabilities following this significant drop:
1. BTC could make a V-shaped recovery from this price level.
2. BTC could consolidate for more than 2-3 weeks before breaking out or breaking down.
3. BTC could break down below 49,000 and resume its downtrend.
4. BTC could initially break down, giving a false signal, and then rise.
5. BTC could consolidate for 2-3 weeks, then give a false breakout or breakdown and move in the opposite direction of breakout or breakdown.
#HFT/USDT analysis :
#HFT is in downtrend, trading below 200ema. Price is in pullback phase. Let it approach resistance zone and reject from there to downside as previous swing low is expect to be tested.
TF : 15min
Entry : $0.1390
Target : $0.1163
SL : $0.1483
#BTC/USDT Analysis-
According to the analysis, BTC has fallen more than -30% from its previous swing high which was made on 29th July 2024.
BTC is expected to find support between 48969-52985, 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
#MBL/USDT analysis :
#MBL is in a downtrend, trading below the 200 EMA. The price is expected to experience a pullback and will continue its downward momentum. Wait for the price to reject from the resistance zone for short entry.
TF : 15min
Entry : $0.00211
Target : $0.00190
SL : $0.00220
#TROY/USDT analysis -
#TROY is in a downtrend trading below 200 EMA. Price is expected to experience a pullback and will continue its downward momentum once price rejects from the resistance zone.
TF : 2h
Entry : $0.00155
Target : $0.00135
SL : $0.00161
#LINK/USDT analysis -
#LINK is making an inverted head and shoulders reversal pattern. The price is forming a bullish structure and is ready to move up. Before thinking about a long entry, wait for the breakout of the pattern's neckline.
TF : 15min
Entry : $12.10
Target : $12.35
SL : $11.94
#RVN/USDT analysis -
#RVN has broken down and retested the resistance zone. It's now set to keep going down and try new lows. The previous support is expected to be tested.
TF : 2H
Entry : $0.01770
Target : $0.01630
SL : $0.01845
#BAND/USDT analysis -
#BAND is in a downtrend, trading below the 200 EMA. The price has retraced to the previous support, which is now acting as resistance, and is being rejected from there to continue its downward momentum.
TF : 15min
Entry : $1.332
Target : $1.252
SL : $1.380
#DOGE/USDT analysis -
#DOGE has recently broken the head & shoulder pattern neckline. It is now ready to show downside momentum towards its previous support levels.
TF : 1H
Entry : $0.12100
Target : $0.11097
SL : $0.12710
#NULS/USDT analysis -
#NULS is trading in a downtrend below the 200 EMA. The price is currently declining from resistance zone and is expected to test the support zone soon.
TF : 1H
Entry : $0.3080
Target : $0.2840
SL : $0.3246
#ENJ/USDT analysis -
#ENJ is forming an inverted head and shoulders reversal pattern above the support zone. The price is creating a bullish structure and is prepared to move upwards. Before considering a long entry, wait for the breakout of the pattern's neckline.
TF : 1D
Entry : $0.2045
Target : $0.2590
SL : $0.1781
Crypto Fear & Greed Index: 17
Yesterday, the index was 26.
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.
#HOOK/USDT analysis :
#HOOK has broken out of the trendline with impulsive bullish momentum. It is expected to test the previous swing high. Aim for it as a potential target level, as bullish momentum is expected to continue on LTF.
TF : 5min
Entry : $0.3475
Target : $0.3696
SL : $0.3332
Crypto Fear & Greed Index: 26
Yesterday, the index was 34.
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.
#LSK/USDT analysis -
#Lisk is experiencing a corrective pullback, creating a quick scalp opportunity on the buy side. Price is following a trendline. It is expected to bounce off from there and test the 200 EMA resistance level.
TF : 15min
Entry : $0.832
Target : $0.856
SL : $0.817
#HBAR/USDT analysis -
#HBAR is moving downward towards its weekly timeframe support zone. It is expected to test the zone and bounce off from there to test previous highs. Wait for the price to test and bounce from the support zone for a long entry.
TF : 1W
Entry : $0.0519
Target : $0.0996
SL : $0.0442
#FUN/USDT analysis -
#FunFair is in a downtrend, trading below the 200 EMA. The price is making new lows consistently and is expected to keep on with its momentum, making new lows on the lower time frame.
TF : 30min
Entry : $0.003116
Target : $0.002806
SL : $0.003294
#WAN/USDT analysis -
#Wanchain is in a downtrend, consistently making new lows. It's expected to continue this pattern and test new lows further as the price is rejecting from the resistance zone.
TF : 30min
Entry : $0.1610
Target : $0.1518 & $0.1441
SL : $0.1707
#LDO/USDT analysis -
#LDO has recently broken out of the channel after facing rejection from the 200 EMA in a downtrend. It is now expected to continue its downward momentum and test new lows.
TF : 2H
Entry : $1.530
Target : $1.398
SL : $1.604
#ASTR/USDT analysis -
#ASTR is in a downtrend, trading below the 200 EMA. The price is likely to retrace back to the 200 EMA and reject from there to continue the downside momentum.
TF : 2H
Entry : $0.0709
Target : $0.0668
SL : $0.0732
#TFUEL/USDT analysis -
#TFUEL is in a downtrend on the HTF. The price is expected to continue its momentum, and previous lows will be tested. Before entering a short position, wait for a retracement for entry.
TF : 4H
Entry : $0.06791
Target : $0.06011
SL : $0.07132
#ALGO/USDT analysis -
#Algorand is currently consolidating above the support zone after breaking down below the 200 EMA. Right now, the price is expected to bounce off from there and test the resistance zone near the 200 EMA.
TF : 4H
Entry : $0.1415
Target : $0.1473
SL : $0.1374
#MATIC/USDT analysis -
#Matic is trading above the support zone and forming a rejection candle. It is expected to bounce off from there and test new highs.
TF : 1D
Entry : $0.5148
Target : $0.5740 & $0.6198
SL : $0.4579
#THETA/USDT analysis -
#Theta bounced back from the High Time Frame support zone and broke out and retested the trendline. It is all set to move upwards now and test higher targets.
TF : 1D
Entry : $1.540
Target : $2.308
SL : $1.324