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#STX/USDT analysis-
The price has formed an ascending channel pattern by making higher highs and higher lows. If it breaks down, then it has the potential to go down further.
T.F.- 1-D
ENTRY- as soon as it gives breakdown
SL- above the lower high i.e. around 3.5350
TARGET- 2.0240
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#KMD/USDT analysis -
#KMD is consolidating over the support zone near the 200 EMA. The price is likely to bounce back from there and rise higher to test the previous swing high. Just keep an eye out for the breakout of the $0.488 level to go long. 📈
TF : 4H
Entry : $0.488
Target : $0.703
SL : $0.397
#BCH/USDT analysis -
#BCH is forming higher highs (HHs) and higher lows (HLs) while bouncing off the support zone and the 200 EMA. The price is currently going through a correction phase, but it's expected to test the 200 EMA and continue rising. Just wait for the price to find support and bounce back from there before considering going long. 🚀
TF : 4H
Entry : $585
Target : $697.1
SL : $522
#WAN/USDT analysis -
#WAN is forming higher highs (HHs) and higher lows (HLs) above the 200 EMA. The price is currently trading near the 200 EMA after a correction.
It's likely to bounce back from the 200 EMA and continue its upward trend soon. Just keep an eye out for a breakout above the $0.394 level to consider going long.
TF : 4H
Entry : $0.394
Target : $0.499
SL : $0.329
#CKB/USDT analysis-
On the daily timeframe, following a significant increase in price, there was a correction before a breakout occurred. The first breakout resulted in a price increase of more than 66% from the breakout level. After this price surge, there was another correction followed by the formation of an descending triangle pattern. Subsequently, there was another breakout, resulting in a 66% increase from the second breakout level.
According to price action analysis, for the first breakout, traders could have entered either at the breakout or during the retest. The stop-loss would have been placed below the higher low formed upon breakout.
Regarding the second breakout, traders would have initiated entry immediately upon breakout, as the likelihood of a retest was minimal and the price could surge sharply thereafter. The stop-loss would have been positioned below the breakout candle or the triangle pattern.
Note: This post is purely educational in nature.
#ZRX/USDT analysis -
#ZRX is making higher highs (HHs) and higher lows (HLs) structure above the 200ema. The price is currently in a correction phase and retracing towards the 200ema.
It is likely to find support near the previous swing high, which now acts as support. Wait for the price to bounce back from the support zone for a long entry. The recent swing high can be a potential target.
TF : 1D
Entry : $0.5726
Target : $1.323
SL : $0.4264
#GLMR/USDT analysis -
#GLMR is trading in an uptrend, making higher highs (HHs) and higher lows (HLs) above the 200 EMA. The price recently broke out of the trendline after bouncing back from the 200 EMA. It is now expected to rise higher and test the previous swing high as a potential target.
TF : 1D
Entry : $0.4679
Target : $0.6862
SL : $0.3905
#ACH/USDT analysis -
#ACH is in an uptrend, making higher highs (HHs) and higher lows (HLs) above the 200 EMA. The price is currently consolidating over a support zone after a correction. It is now expected to rise higher and test the previous swing high. Wait for the breakout of the $0.0372 level to go long.
TF : 4H
Entry : $0.03728
Target : $0.04967
SL : $0.03072
#SANTOS/USDT analysis -
#SANTOS is in an uptrend, making new highs. The price is currently consolidating over a support zone near the 200 EMA. We can expect the price to bounce back from there and test the previous swing high. Enter on the breakout of the $7.736 level.
TF : 4H
Entry : $7.736
Target : $8.883
SL : $7.050
Crypto fear & greed Index: 76
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.
On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.
Yesterday, the index was 78. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#DAR/USDT analysis -
#DAR is on the rise, and the slope of the 200 EMA is positive. Right now, it's consolidating over a support zone with a positive slope. We can expect it to bounce back from there, continue its trend, and test its previous swing high.
TF : 4h
Entry : $0.2283
Target : $0.2704
SL : $0.2050
#CVP/USDT analysis -
#CVP is going up in an uptrend and finding support above the trend line. It's currently trading near the 200 EMA support. It's highly likely that the price will keep moving in its current direction and test the previous swing high.
TF : 4h
Entry : $0.5720
Target : $0.6570
SL : $0.5192
#SYS/USDT analysis -
#Syscoin is in a bullish channel, and the price is near the support of the channel and the 200 EMA. It's expected to keep its bullish momentum and test the previous swing high. To confirm entry, wait for the breakout of the $0.2944 level.
TF : 4h
Entry : $0.2944
Target : $0.3644
SL : $0.2539
Crypto fear & greed Index: 75
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.
On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.
Yesterday, the index was 79. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
Crypto fear & greed Index: 79
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.
On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.
Yesterday, the index was 76. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#BLZ/USDT analysis -
#BLZ recently broke out and retested the trend line after bouncing off the 200 EMA. The price is now expected to continue its trend and reach new highs. Exciting times ahead for #BLZ! 🚀
TF : 1H
Entry : $0.448
Target : $0.500
SL : $0.414
Crypto fear & greed Index: 76
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.
On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.
Yesterday, the index was 78. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#ENJ/USDT analysis -
#ENJ is making higher highs (HHs) and higher lows (HLs) structure above the 200ema. The price is currently in a correction phase and showing retracement. It is likely to find support near the 200ema within the support zone. Wait for the price to bounce back from the support zone for a long entry.
TF : 1D
Entry : $0.4075
Target : $0.6467
SL : $0.3305
Crypto fear & greed Index: 78
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.
On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.
Yesterday, the index was 80. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#POLYX/USDT analysis -
#POLYX is in an uptrend, making new highs. The price is currently trading above the support zone, and it is expected to bounce back from there and test the resistance level. Enter a long position when the price breaks out of the $0.5574 level.
TF : 4h
Entry : $0.5574
Target : $0.6482
SL : $0.5031
#FLM/USDT analysis-
"After the correction, the price is forming a W pattern and if it breaks out, there is potential for it to go up."
T.F.- 15-minute
ENTRY- as soon as it gives breakout i.e. 0.1451-0.1455
SL- below the support i.e. around 0.1390
TARGET- 0.1515
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#OOKI/USDT analysis -
#OOKI is in an uptrend, making new highs. The price is currently consolidating sideways over a support zone. We can expect the price to rise higher from the current level and test the previous price rejection level.
TF : 4H
Entry : $0.00346
Target : $0.00456
SL : $0.00275
#FARM/USDT analysis-
On the daily timeframe, following an all-time low, the price formed a symmetrical triangle pattern. The breakout resulted in a price increase of more than 117% from the breakout level.
According to price action analysis, the entry could have been taken either at the breakout or during the retest. The stop-loss would be placed below the triangle pattern or the higher low formed upon breakout.
Note: This post is purely educational in nature.
#PYR/USDT analysis -
#PYR is in an uptrend, making higher highs (HHs) and higher lows (HLs) structure while finding dynamic support over the 200 EMA.
The price is currently trading above the 200 EMA and is likely to continue its bullish momentum soon. Wait for the breakout of the trendline and enter when the price crosses the $6.912 level.
TF : 1D
Entry : $6.912
Target : $10.312
SL : $5.895
#CHESS/USDT analysis -
#CHESS is on the rise, making new highs and trading above the 200 EMA. Right now, it's consolidating over a support zone after a retracement from the previous swing high. We can expect it to rise from the current level and test the previous swing high.
TF : 4h
Entry : $0.2895
Target : $0.3579
SL : $0.2469
#IDEX/USDT analysis -
#IDEX is in an uptrend and is trading above the 200 EMA. The price recently experienced a correction now is currently trading above the 200 EMA. It's expected to find support there and bounce back, continuing its trend. Just wait for the breakout of the trend line and the $0.08969 level for a long entry.
TF : 4h
Entry : $0.08969
Target : $0.11868
SL : $0.07819
#REQ/USDT analysis -
#REQ is in an uptrend, making higher highs (HHs) and higher lows (HLs) while bouncing back from the 200 EMA. The price is currently trading above the support zone and is likely to continue its trend. Wait for the breakout of the $0.1646 level to go long and aim for the previous swing high as a potential target.
TF : 4h
Entry : $0.1646
Target : $0.2254
SL : $0.1358
#TKO/USDT analysis -
#TKO is currently trading above the support zone near the 200 EMA. The overall trend is bullish on the higher time frame (HTF) as the price is forming higher highs (HHs) and higher lows (HLs) pattern. It is likely to gain bullish momentum from the current zone and will soon test the resistance level.
TF : 4h
Entry : $0.595
Target : $0.707
SL : $0.525