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 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.
#WOO/USDT analysis -
#WOO is moving in a bullish channel on the higher timeframe (HTF). Recently, the price has broken out of the counter trendline and is now ready to test the resistance of the channel. It is expected that the price will rise higher from its current level.
TF : 4h
Entry : $0.482
Target : $0.619
SL : $0.390
#GHST/USDT analysis-
On the daily timeframe, the price formed an ascending triangle pattern. It broke out with increased volume, resulting in a surge of nearly 120% from the breakout level.
According to price action analysis, traders may have entered at the breakout or retest, setting a stop loss below the triangle pattern or based on their risk management strategies.
Note: This post is for educational purposes only.
The narrative around Real-World Assets (RWA) has gained momentum following the announcement from BlackRock. What are your thoughts on RWAs?
https://x.com/proanalysisb/status/1774709208883298366?s=46&t=CXYkY_LmfxJGksGi91zW0g
#MBOX/USDT analysis -
#MBOX recently broke out of the trendline after bouncing back from the 200ema. It's likely to continue its bullish trend and test its previous swing high. You can enter the trade on the breakout of the $0.518 level.
TF : 4h
Entry : $0.518
Target : $0.628
SL : $0.444
This Beast has the potential to hit $2.5, which is about a 5X increase in this bull run.
After its initial listing, the price of #VENOM/USDT experienced a decline of over 25% from the high of its listing day. Currently, the price is finding support around the opening price of the listing day. Should it surpass today's high, it has the potential to rise further. A breakout at this point would also signify a W pattern breakout.
The analysis is based on a 30-minute timeframe.
The entry point is recommended immediately upon the breakout, which is above $0.5880.
Target 1: $0.7330
Target 2: $0.9142
https://x.com/proanalysisb/status/1774414444367626517?s=46&t=CXYkY_LmfxJGksGi91zW0g
#OAX/USDT analysis-
On a weekly time-frame, after the listing gain, the price fall almost more than -83% from the listing day high.
After that, the price formed ascending triangle pattern. The price gave breakout and increased more than 84% 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.
PRO TIP: In a bull market rally, every coin which fell more than -70% from the all-time high which can generate more returns when they gave triangle pattern breakout.
Note: This is just an educational post.
#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
#REI/USDT analysis -
#REI is in an uptrend and making new highs. The price is currently consolidating over an upward sloping support. It's likely to bounce back from the support and test the previous swing high.
TF : 4h
Entry : $0.1355
Target : $0.2717
SL : $0.0890
#KP3R/USDT analysis -
#KP3R is going up and making new highs. The price is currently correcting in the short term. It's likely to continue the uptrend soon.
Wait for the breakout of the trendline and the $112.95 level as confirmation to go long. Aim for the current swing high as a potential target.
TF : 1h
Entry : $112.95
Target : $128.91
SL : $102.89
#BOME/USDT analysis-
After the listing gain, the price fell more than -70% from the listing day high.
Right now, the price is forming ascending triangle pattern. If it gives breakout then it has potential to up.
T.F.-1-D
ENTRY- as soon as it gives breakout i.e. 0.016900-0.016950
SL- below support area i.e. around 0.012630
TARGET 1- 0.020790
TARGET 2- 0.029444
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
#RAY/USDT analysis-
On the daily timeframe, the price showed a robust uptrend with rising volume. After a correction, it formed a symmetrical triangle pattern. Upon breakout, the price surged nearly 100% from the breakout level.
According to price action analysis, traders may have entered at the breakout, setting a stop loss below the triangle pattern or based on their risk management.
Note: This post is for educational purposes only.
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 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.
#RAY/USDT analysis -
#RAY is on an uptrend, making higher highs (HHs) and higher lows (HLs), while following the 200ema. It recently broke out of the trendline after a corrective pullback and is highly likely to continue its trend and test the previous swing high.
TF : 4h
Entry : $2.246
Target : $2.952
SL : $1.809
#CKB/USDT analysis -
#CKB is in an uptrend on the higher time frame (HTF). It's consistently making new highs above the 200ema. The price is currently consolidating near the 200ema, and it's likely to continue its bullish momentum from the current level and test the previous swing high. Wait for the breakout of the $0.0202 level to enter a long position.
TF : 4h
Entry : $0.0202
Target : $0.0246
SL : $0.0176
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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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.