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#UMA/USDT analysis-
On a weekly time-frame, the price previous gave two breakouts. The price formed descending symmetrical triangle pattern and gave first breakout. After that, the price formed ascending triangle pattern and gave second breakout.
Now the price has taken support at second breakout which is strong support zone and formed descending triangle pattern. If it gives breakout, then it will go up till the resistance zone which is marked as red box as shown in the chart.
T.F.- 1-W
ENTRY- as soon as it gives breakout i.e. around 4.9
SL- below support area i.e. around 3.27
TARGET – 8.9
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
Crypto fear & greed Index: 80
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 83. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#RNDR/USDT analysis -
#RNDR is in an uptrend, making new highs above the 200ema. The price is currently consolidating sideways over the support zone. It's expected to continue the bullish momentum from the current level and test new highs soon.
TF : 4h
Entry : $11.08
Target : $14.10
SL : $9.14
#OCEAN/USDT analysis-
On weekly timeframe, the price formed W pattern inside the ascending triangle pattern.
The two bullish pattern breakouts i.e. W pattern breakout + ascending triangle pattern breakout = Double confirmation sign for the trade opportunity.
The price increased more than 189% from the breakout level till the resistance zone which is shown as red line in the chart.
As per the price action analysis, weekly time-frame breakouts often consider as strong breakouts and retest will rarely happened. So, the entry would have been taken at breakout and stop loss will be below the triangle pattern or higher low when it gave breakout or below the W pattern low.
Note: This is just an educational post.
#FTM/USDT analysis-
The price has taken support at support zone as shown in the chart. The price is forming a descending triangle pattern and if it gives breakout, then it can go up.
T.F.- 15-Minute
ENTRY- as soon as it gives breakout i.e. around 1.0771-1.0775
SL- below support area i.e. around 1.0545
TARGET- 1.12
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
Crypto fear & greed Index: 83
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 81. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
KuCoin, a cryptocurrency exchange, and two of its founders have been charged with violations of the Bank Secrecy Act and offenses related to operating a money transmission business without a license.
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#SHIB/USDT analysis -
#SHIB is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) while finding support above the 200ema. The price recently broke out of a trendline after bouncing off the 200ema. This suggests that it's likely to continue its upward trend and potentially rise even higher.
TF : 4h
Entry : $0.0000307
Target : $0.0000442
SL : $0.0000234
#ZETA/USDT analysis-
After the listing day, the price was trading between a channel and increased more than 75% from the channel’s low till the breakout level. The price gave breakout increased more than 44% from the breakout level.
Now, the price has taken support and holding the breakout level which became a support zone. The price has potential move up further 75% from the previous breakout level and 44% from the trendline as shown in the chart.
T.F.- 1-D
ENTRY- as soon as it gives breakout i.e. around 2.4200-2.4210
SL- below support area i.e. around 1.6590
TARGET- 3.4915
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
#LINA/USDT analysis -
#LINA is in an uptrend, trading above the 200ema. It recently broke out of a trendline after bouncing back from the 200ema. This indicates that it's likely to continue its bullish trend and potentially form a new high.
TF : 4h
Entry : $0.01419
Target : $0.01742
SL : $0.01204
#CELO/USDT analysis -
#CELO is in an uptrend and currently consolidating over the 200ema and support zone. Just wait for the breakout of the $1.213 level to go long, as the price is expected to test its previous swing high.
TF : 4h
Entry : $1.213
Target : $1.718
SL : $0.950
#HARD/USDT analysis -
#HARD is currently in an uptrend and trading above the 200ema. The price has recently bounced back from the 200ema and broken out of a trend line, indicating that the bullish trend is likely to continue and the price is expected to test the previous swing high.
TF : 4h
Entry : $0.2564
Target : $0.3466
SL : $0.2120
#SUN/USDT analysis -
#SUN is in an uptrend and consistently making new highs. The price has recently broken out of a trendline after a correction.
It's likely to continue its bullish trend and test its previous swing high. Wait for the breakout of the $0.01523 level to go long.
TF : 4h
Entry : $0.01523
Target : $0.01779
SL : $0.01356
#BITCOIN price action analysis before halving-
BTC can give flash crash in the market just before halving. There is a chance that BTC can go down more than -25% to -40%.
1-BTC already gave -17.66% correction from the all-time high. BTC can give correction of -28.16% from the all-time high till first support and total of -40.57% till the second support.
2-BTC can give 10.62% correction after the breakdown till the first support and BTC can give correction of -26.07% after the breakdown till the second support.
ENTRY- As soon as it gives breakdown below 59300
TARGET 1- 53000
TARGET 2- 44000
STOPLOSS- 70000
Note: check out our each and every chart for the reference.
#IRIS/USDT analysis -
#IRIS is in an uptrend, trading above the 200ema. The price recently broke out of a trendline with strong momentum after regaining the 200ema level. It is now expected to test the previous swing high.
TF : 4h
Entry : $0.03824
Target : $0.04400
SL : $0.03436
#CVC/USDT analysis-
On a daily time-frame, the price formed ascending triangle pattern with high volatility.
The price gave breakout above the five months high and it increased more than 54% from the breakout level in just 2 days.
As per the price action analysis, the entry would have been taken at breakout and stop loss will be below the triangle pattern or as per the risk management of the trader.
Note: This is just an educational post.
#ALPINE/USDT analysis -
#ALPINE is in an uptrend, trading above the 200ema, and consolidating over a support zone that is sloping upward. It's likely that the price will bounce back from the current level and continue its trend to form new highs.
TF : 1h
Entry : $2.533
Target : $2.741
SL : $2.396
#DYDX/USDT analysis -
#DYDX is on an uptrend, making new highs. The price recently broke out of a trendline and regained the 200ema level. It's expected to continue the bullish momentum and test its previous swing high. It's a good idea to enter the trade on the break of the $3.711 level.
TF : 4h
Entry : $3.711
Target : $4.385
SL : $3.338
One can initiate the trade as per the plan but in this case stop loss will be 1.0495
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#MANTA/USDT analysis-
The price is trading between ascending triangle pattern and if it gives breakout, then it can go up as shown in chart.
T.F.- 15-Minute
ENTRY- as soon as it gives breakout i.e. 3.275-3.280
SL- below support area i.e. around 3.180
TARGET- 3.4
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
#GNO/USDT analysis -
#GNO is in an uptrend, trading above the 200ema. It recently broke out of a trendline after finding support near the 200ema. Now, it's expected to test new highs. It's a good idea to enter the trade on the break of the $374.4 level.
TF : 4h
Entry : $374.4
Target : $442.1
SL : $329
#C98/USDT analysis -
#C98 is in an uptrend. It recently broke out of a trendline after bouncing off the 200ema. Now, it's expected to continue its bullish momentum and test new highs. 🚀📈
TF : 4h
Entry : $0.404
Target : $0.473
SL : $0.358
#ANKR/USDT analysis:
On daily timeframe, the price formed cup & handle pattern inside the ascending triangle pattern.
The two bullish pattern breakouts i.e. cup & handle pattern breakout + ascending triangle pattern breakout = Double confirmation sign for the trade opportunity.
The price increased more than 75% from the breakout level till the resistance zone and it increased almost 100% till the today’s high from the breakout level.
As per the price action analysis, entry would have been taken at breakout or retest and stop loss will be below the triangle pattern or higher low when it gave breakout or below the handle of the cup & handle pattern.
Note: This is just an educational post.
Crypto fear & greed Index: 81
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 75. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#TWT/USDT analysis -
#TWT is in an uptrend, consistently making new highs. It recently broke out of a trendline after regaining the 200ema level. It's expected to rise higher and form a new high from the current level.
TF : 4h
Entry : $1.424
Target : $1.793
SL : $1.177
#GRT/USDT analysis -
#GRT is in an uptrend, making higher highs (HHs) and higher lows (HLs) while finding dynamic support over the 200ema. Currently, the price is consolidating in a mild bearish to sideways movement near the 200ema, with the slope of the ema also mildly flat.
Expect the price to find support in the current zone and soon break out of the trendline to go long. Just wait for the breakout of the $0.408 level to go long, as the price will continue its bullish trend and test new highs.
TF : 4h
Entry : $0.408
Target : $0.492
SL : $0.351
#UTK/USDT analysis -
#UTK is in an uptrend and making higher highs (HHs) and higher lows (HLs) structure above the 200ema. The price has recently bounced back from the 200ema after finding support. It's now trading in the buy zone and likely to rise higher to test its previous swing high.
TF : 4h
Entry : $0.1236
Target : $0.1493
SL : $0.1063
#KMD/USDT analysis -
#KMD is in an uptrend, trading above the 200ema. The price is currently in a correction phase, consolidating sideways over the support zone. It has recently shown a bounce from the support zone, and it is likely to rise higher from the current level to test new highs.
TF : 4h
Entry : $0.3614
Target : $0.4626
SL : $0.2942
Crypto fear & greed Index: 73
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.
The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#ZEN/USDT analysis -
#Zen is in an uptrend, trading above the 200ema. The price is consistently making new highs while bouncing from the 200ema. It's likely to continue its trend from the current level. Let the price break the trendline and cross the $14.2 level for a confirmed entry.
TF : 4h
Entry : $14.2
Target : $18.5
SL : $11.74