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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 same that is 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.
Latest #BTC Analysis
https://x.com/proanalysisb/status/1774150433751359674?s=46&t=CXYkY_LmfxJGksGi91zW0g
#CHZ/USDT analysis -
#CHZ is on an uptrend and hitting new highs. The price is currently consolidating above a support zone near the 200 EMA.
It's expected to keep its bullish momentum and test its previous swing high. Keep an eye out for a price retracement near the support zone as a potential opportunity for a long entry.
TF : 4h
Entry : $0.1425
Target : $0.1661
SL : $0.1311
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• $DYM - $25M April 6
• $GMT - $38M April 9
• $CGPT - $15M April 10
• $APT - $428M April 12
• $NGL - $35M April 12
• $SEI - $110M April 15
• $ZBC - $11M April 15
• $STRK - $141M April 15
• $UNI - $111M April 16
• $ARB - $153M April 16
• $LMWR - $23M April 16
• $AXS - $172M April 17
• $MANTA - $81M April 18
• $ALT - $63M April 25
• $RON - $152M April 27
• $AXL - $55M April 28
https://x.com/proanalysisb/status/1773778132585312615?s=46&t=CXYkY_LmfxJGksGi91zW0g
#BEAMX/USDT analysis-
On a daily time-frame, after the listing gain, the price formed ascending triangle pattern. The price gave breakout and increased more than 160% from the first breakout level.
After that, the price formed ascending symmetrical triangle pattern. The price gave breakout and increased more than 100% from the second breakout level.
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.
#WIF/USDT analysis-
On 15-minute time-frame, the price is in strong uptrend and after the small correction, the price is forming W pattern. If it gives breakout, then it can go up.
T.F.- 15-Minute
ENTRY- as soon as it gives breakout i.e. around 3.6656-3.6660
SL- below W pattern i.e. around 3.5435
TARGET- 3.85
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
#OMG/USDT analysis -
#OMG is in an uptrend, making new highs and currently consolidating over the buy zone near the 200ema. This suggests that the bullish momentum is likely to continue from there, and we can expect it to test the previous swing high.
TF : 4h
Entry : $1.08
Target : $1.31
SL : $0.99
#PEPE/USDT analysis-
On 5-minute time-frame, the price formed ascending triangle pattern. If it gives breakout, then it can go up.
T.F.- 5-Minute
ENTRY- as soon as it gives breakout i.e. around 0.00000821
SL- below support area i.e. around 0.00000799
TARGET- 0.00000849
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
#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.
Читать полностью…
#RIF/USDT analysis -
#RIF is forming a structure of higher highs and higher lows while following the 200ema. It has recently bounced back from a support zone and is likely to rise higher and test new highs.
TF : 1h
Entry : $0.2928
Target : $0.3445
SL : $0.2592
#BAL/USDT analysis -
#BAL is going up and making new highs above the 200ema. Right now, the price is consolidating above the 200ema. Wait for it to break the $5.319 level before going long, as the price is expected to test the previous swing high.
TF : 4h
Entry : $5.319
Target : $6.087
SL : $4.860
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.
#ALGO/USDT analysis -
#ALGO is in an uptrend and trading above the 200ema. Currently, the price is consolidating over an upward sloping trendline. It's likely that #ALGO will continue its bullish momentum and reach new highs.
TF : 1h
Entry : $0.2776
Target : $0.3085
SL : $0.2573
#ONDO/USDT analysis-
On a daily time-frame, after the listing gain, the price was in consolidation and formed ascending symmetrical triangle pattern.
The price gave breakout and increased more than 200% from the breakout level.
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.
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 80. The lowest low of months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#HFT/USDT analysis -
#HFT is in an uptrend, making new highs and has successfully regained the 200ema level. Plus, it broke out of a trendline, which is a strong bullish signal. Currently, it's consolidating over the buy zone, indicating a potential continuation of the bullish momentum. We can expect it to test the previous swing high.
TF : 4h
Entry : $0.46
Target : $0.54
SL : $0.41
#NEXO/USDT analysis -
#NEXO is looking bullish, making new highs above the 200ema. It's currently consolidating over 200ema, and we can expect it to bounce back and continue its upward trend. Keep an eye on the break of $1.417 level for a potential entry point. 🚀
TF : 4h
Entry : $1.417
Target : $1.617
SL : $1.287
#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