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#KEY/USDT analysis -
#Selfkey is forming a structure of higher highs (HHs) and higher lows (HLs) on the higher time frame (HTF).
After a strong bullish move, the price is currently going through a correction phase and testing its previous resistance zone, which has now turned into a support zone after the breakout.
It's likely that the price will bounce back from there and test the previous swing high. You can consider entering a trade when the price breaks above the $0.00782 level.
TF : 1D
Entry : $0.00782
Target : $0.01177
SL : $0.00583
Someone just paid $507,000 in fees for a $0.70 transfer to be included in the Bitcoin halving block. This seems unreal, doesn't it? What do you think about this?
https://x.com/proanalysisb/status/1781854592688644128?s=46&t=CXYkY_LmfxJGksGi91zW0g
#FTM/USDT analysis -
#FTM is on an uptrend on the higher time frame (HTF), but it's currently consolidating sideways in a range on the lower time frame (LTF). The price is heading towards the 200ema. If it breaks out of the resistance zone, it's likely to continue its bullish momentum.
TF : 1h
Entry : $0.7600
Target : $0.9300
SL : $0.6600
#HOLO/USDT analysis -
$HOLO is on an uptrend, moving up after bouncing from the 200ema. The price is currently trading above the support zone and expected to keep going up. Enter when it breaks the $0.00257 level to go long.
TF : 1D
Entry : $0.00257
Target : $0.00441
SL : $0.00176
#BTC/USDT analysis-
On a daily timeframe, the price made symmetrical triangle pattern and it gives breakdown with more than -11% from drawdown from the breakdown level.
According to price action analysis, traders might have considered entering at the breakdown, setting their stop loss above the previous swing high or based on their individual risk management strategies.
Note: This post is for educational purposes only.
#WRX/USDT analysis -
#WRX is currently trading above the support zone after a strong bullish move. The price is expected to rise higher from the current level and test the previous swing high. Wait for the breakout of the $0.2342 level to go long.
TF : 1D
Entry : $0.2342
Target : $0.3543
SL : $0.1713
Crypto fear & greed Index: 67
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 65. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#YGG/USDT analysis-
On a daily timeframe, after the breakout, the price underwent a retest and surged by over 50% from the breakout level. The price tested the previous breakout level multiple times, establishing it as a support level. However, subsequently, the price experienced a breakdown, plunging more than -36% from the breakdown level.
According to price action analysis, traders might have considered entering at the breakdown, setting their stop loss above the previous swing high or based on their individual risk management strategies.
Note: This post is for educational purposes only.
Crypto fear & greed Index: 65
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 74. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#WIF/USDT analysis-
The price is forming a cup and handle pattern, and if it breaks out, it has the potential to achieve a 1:1 risk-to-reward ratio.
T.F.- 15-minute
ENTRY- as soon as it gives breakout i.e. around 3.1201-31210
SL- below the previous swing low i.e. around 3.0000
TARGET- 3.24
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
Members! the show seems to be over now!
Mohammad Bagheri, the Iranian military chief, has announced the cessation of attacks on Israel. Despite the deployment of over 300 drones and missiles, Israel's defense systems successfully intercepted the majority, resulting in minimal damage. Fortunately, there was no damage on Iranian soil.
However, the turmoil wiped out millions in the crypto market! We're hopeful for a strong recovery across the entire cryptocurrency landscape soon.
https://x.com/proanalysisb/status/1779573317240021166?s=46&t=CXYkY_LmfxJGksGi91zW0g
#NULS/USDT analysis -
#Nuls is currently going through a correction phase and is expected to have a bullish momentum soon.The price is trading near the 200 EMA over support zone and is likely to test the previous swing high.
TF : 4h
Entry : $0.781
Target : $1.188
SL : $0.554
#ACA/USDT analysis -
#ACA is in an uptrend and trading above the 200 EMA. The price is currently in a support zone, indicating a potential bounce back. It is likely to rise higher and test the previous swing high.
TF : 1D
Entry : $0.128
Target : $0.205
SL : $0.103
#GTC/USDT analysis -
#GTC is forming higher highs (HHs) and higher lows (HLs) above the 200 EMA. The price is trading above both the 200 EMA and the support zone, indicating a strong trend. It's likely to bounce back from the current zone and continue its upward movement. Just wait for the price to bounce back as confirmation before going long.
TF : 1D
Entry : $1.598
Target : $2.461
SL : $1.341
#COS/USDT analysis -
#COS is making higher highs and higher lows above the 200ema on the higher time frame (HTF). The price has broken out of a trendline after finding support above the 200ema. Now, it's expected to rise even more and reach the previous swing high.
TF : 4h
Entry : $0.0129
Target : $0.0172
SL : $0.0103
#LEVER/USDT analysis -
#LEVER is in an uptrend and trading above the 200ema. The price is currently in a correction phase and consolidating above the support zone. From here, we can expect the price to rise and continue its bullish momentum, potentially testing the previous swing high.
TF : 1D
Entry : $0.00250
Target : $0.00391
SL : $0.00197
Crypto fear & greed Index: 66
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 57. 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: 57
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 67. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#WIN/USDT analysis -
#WINK is currently in an uptrend, making new highs and breaking previous resistance levels. The price is trading above the support zone and the 200ema. It is expected to bounce back from there and reach the previous swing high. Wait for the price to break the $0.000132 level as confirmation to go long.
TF : 1D
Entry : $0.000132
Target : $0.000200
SL : $0.000101
#THETA/USDT analysis -
#THETA is making new highs while bouncing back from the 200 EMA. The price is currently trading over a support zone, and it's expected to rise higher from the current level and reach the previous swing high. Wait for a breakout of the $2.283 level to go long.
TF : 1D
Entry : $2.283
Target : $3.341
SL : $1.649
#STEEM/USDT analysis -
#STEEM is trading above the support zone near the 200 EMA. It's expected to keep up its bullish momentum and reach the previous swing high. 📈
TF : 1D
Entry : $0.2710
Target : $0.3489
SL : $0.2283
Crypto fear & greed Index: 74
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 72. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#DUSK/USDT analysis -
#DUSK is forming higher highs (HHs) and higher lows (HLs) above the 200 EMA. The price is currently trading over a support zone, and there's a good chance it will bounce back from there and test the previous swing high.
TF : 1D
Entry : $0.3398
Target : $0.6261
SL : $0.2247
As a professional crypto trader with eight years of experience, I want to share some advice. Please remember that the market never rises continuously; it fluctuates up and down. The recent drop in Bitcoin's value might seem significant on a 15-minute chart, but if you zoom out to a longer timeframe, you'll see it's just a minor dip. Corrections like this are normal in any market.
Currently, major investors like BlackRock are involved in the market. They might be waiting for smaller investors to sell during these corrections so they can buy at lower prices. Don’t be tricked into selling early; the market will likely rise again. The best strategy to benefit in the long run is to invest a consistent amount regularly, a method known as Dollar Cost Averaging.
Stay cautious and keep investing wisely.
Not a Financial Advice
https://x.com/proanalysisb/status/1778903377579287034?s=46&t=CXYkY_LmfxJGksGi91zW0g
#XVG/USDT analysis -
#XVG is currently consolidating above the support zone and the 200 EMA. The price is expected to bounce back from there and test the previous highs. Just wait for the price to find support and break the $0.00923 level before entering a long position.
TF : 4H
Entry : $0.00923
Target : $0.01281
SL : $0.00729