#TRB/USDT analysis-
On the daily timeframe, the price underwent a significant correction followed by forming a W pattern. This pattern subsequently broke out, resulting in an increase of over 129% from the breakout level.
According to price action analysis, traders may have contemplated entering the market at the breakout, while setting their stop loss below the low of the W pattern or in accordance with their individual risk management strategies.
Note: This post is for educational purposes only.
#SLP/USDT analysis -
#SLP is in an uptrend, making higher highs (HHs) and higher lows (HLs) in its structure while finding support over the trendline. The price is currently in a correction phase and consolidating over the support zone. Wait for the price to break out of the trendline and break the $0.00428 level upside to go long.
TF : 1D
Entry : $0.00428
Target : $0.00788
SL : $0.00313
#KP3R/USDT analysis -
#KP3R is in downtrend making LLs and LHs structure trading below 200EMA. Price is currently rejecting from EMA, it is expected to decline further and will form new low.
TF : 4H
Entry : $69.78
Target : $60.14
SL : $76.57
#MTL/USDT analysis -
#MTL is going up and hitting new highs while finding support over a 200EMA. The price is currently correcting but expected to break out of the trendline soon. You can enter a long position when it breaks the $1.864 level. The price is expected to test the previous swing high.
TF : 1D
Entry : $1.864
Target : $2.934
SL : $1.334
#LTO/USDT analysis -
The price of $LTO is currently in a downtrend as it is trading below the 200 exponential moving average (200ema). It has broken down below both the 200ema and the support zone, indicating a bearish sentiment. Currently, the price is facing rejection at the resistance zone, suggesting that it may continue to decline further. To go short, it is recommended to wait for a break of the $0.1849 level. Once that level is breached, it could be an opportunity to enter a short position. 📉💪
TF : 4h
Entry : $0.1849
Target : $0.1595
SL : $0.2020
#SUSHI/USDT analysis -
#SUSHI is forming lower lows (LLs) and lower highs (LHs) below the 200 exponential moving average (EMA). The price is currently facing rejection and reversing from the resistance zone. It is expected to continue declining and will likely test the previous swing low.
TF : 4H
Entry : $1.016
Targets : $0.874 and $0.787
SL : $1.110
#DIA/USDT analysis -
$DIA is going up and trading above the 200ema. The price is consolidating over support levels. It's expected to bounce back from there and test the previous swing high. Right now, it's forming a double bottom on support and is expected to break out soon. Wait for the breakout of the $0.5459 level to go long. 🚀💰
TF : 1D
Entry : $0.5459
Target : $0.7644
SL : $0.4299
#GRT/USDT analysis -
#GRT is in an uptrend and is trading above the 200ema. Currently, the price is forming a double bottom pattern while finding support over the 200ema. Wait for the breakout of the trendline and the $0.3153 level to go long, as the price is expected to continue its trend and test the previous swing high. 🚀💪
TF : 1D
Entry : $0.3153
Target : $0.4907
SL : $0.2273
#TKO/USDT analysis -
#TKO is in an uptrend, making higher highs (HHs) and higher lows (HLs) above the 200ema. The price is currently trading over the support zone and expected to bounce back, continuing its bullish momentum. Look for a breakout of the $0.4963 level to go long, targeting the previous swing high. 🚀💪
TF : 1D
Entry : $0.4963
Target : $0.7582
SL : $0.3558
#GHST/USDT analysis -
#GHST is currently in a downtrend and trading below the 200ema. The price is forming lower lows (LLs) and lower highs (LHs) structure. It's also showing rejection from the 200ema, which suggests that the downtrend might continue and test the previous swing low. Enter on the breakdown of the $1.791 level.
TF : 4H
Entry : $1.791
Target : $1.573
SL : $1.923
#RSR/USDT analysis -
#RSR is going up and hitting new highs, trading above the 200ema. Currently, the price is above the support zone. It's expected to bounce from there and keep going up. To go long, enter when the price breaks out at the $0.00679 level.
TF : 1D
Entry : $0.00679
Target : $0.01255
SL : $0.00464
#DCR/USDT analysis -
#DCR is in an uptrend, making higher highs (HHs) and higher lows (HLs) structure, while finding support over the support zone. The price is currently in a correction phase and expected to bounce off from there to continue its trend. Keep an eye out for the breakout of the trendline for a long entry. Enter when the price breaches the $23.34 level.
TF : 1D
Entry : $23.34
Target : $32.72
SL : $17.59
#DATA/USDT analysis -
#DATA is in an uptrend and is making higher highs (HHs) and higher lows (HLs) structure while trading above the 200 EMA. The price is currently consolidating over the trendline support and is expected to bounce back from there to continue its trend. Aim for the recent swing high as a potential target. Enter on breakout of $0.05837 level.
TF : 1D
Entry : $0.05837
Target : $0.09040
SL : $0.04445
#HBAR/USDT analysis -
#HBAR is in an uptrend and is making new highs. It's trading above the 200 EMA on the higher time frame (HTF). The price is currently trading over the trendline (support line) and is expected to bounce back from there to continue its trend. The price is also expected to test the previous swing high. Enter on breakout of $0.108 level.
TF : 4H
Entry : $0.1086
Target : $0.1713
SL : $0.0892
Crypto fear & greed Index: 66
Yesterday, the index was 55.
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.
Note: This indicator shows the overall market sentiment.
#RAD/USDT analysis -
#RAD is approaching a resistance level near the 200EMA, and it has made multiple attempts to break out of this level but hasn't succeeded yet. The price is likely to break out of this level with a strong bullish candle. To go long, wait for the price to break out of the $1.956 level and aim for the next resistance level as a potential target.
TF : 4H
Entry : $1.956
Target : $2.500
SL : $1.618
#LINK/USDT analysis -
There's a potential short trade opportunity on a lower timeframe (LTF) for #LINK. The price is currently facing resistance at a trendline and is expected to decline from there, possibly testing new lows. We can consider entering a short position if the price breaks down below the $13.685 level.
TF : 15min
Entry : $13.685
Target : $13.012
SL : $14.143
Crypto fear & greed Index: 64
Yesterday, the index was 68.
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.
Note: This indicator shows the overall market sentiment.
#MDT/USDT analysis -
#MDT is in an uptrend, making new highs while finding support above the 200EMA. The price is currently forming a double bottom pattern during the correction phase. It is expected that the price will break out of the pattern and continue its bullish momentum. Enter on the breakout of the $0.08670 level.
TF : 1D
Entry : $0.08670
Target : $0.14259
SL : $0.06086
Crypto fear & greed Index: 68
Yesterday, the index was 71.
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.
Note: This indicator shows the overall market sentiment.
#INJ/USDT analysis -
#INJ is on an uptrend, making higher highs (HHs) and higher lows (HLs), while finding support over the trendline. Currently, the price is in a correction phase, and it's expected to bounce off from there to continue its upward trend. Wait for the breakout of the trendline and the $29.83 level to go long. 📈💪
TF : 1D
Entry : $29.83
Target : $51.86
SL : $18.95
#TWT/USDT analysis -
#TWT is in a downtrend as the price is trading below the 200ema. After breaking down the 200ema and the support zone, the price is now trading below it. Currently, the price is facing rejection at the resistance zone and is expected to decline further. Wait for a break of the $1.1083 level to go short. 📉💪
TF : 4h
Entry : $1.1083
Target : $0.9308
SL : $1.2229
#FORTH/USDT analysis -
#FORTH is currently in an uptrend and trading above the support zone. It is anticipated that the price will continue its upward trend and test its previous swing high. The price has already broken out of the trend, so now wait for a confirmation by the breakout of the $4.977 level before considering a long position.
TF : 1D
Entry : $4.977
Target : $8.966
SL : $3.398
#MOVR/USDT analysis -
#MOVR is currently in a downtrend. The price is trading near a resistance zone, and it is anticipated to reject from there and test the previous swing low. To go short, it is advisable to wait for the breakdown of the $13.449 level.
TF : 4H
Entry : $13.449
Target : $11.119
SL : $15.070
#JASMY/USDT analysis -
#JASMY is currently in an uptrend on the higher time frame (HTF). The price is currently forming a flag and pole pattern, indicating a potential continuation of the bullish momentum. Enter a long position on the breakout of the $0.0242 level.
TF : 1D
Entry : $0.0242
Target : $0.0930
SL : $0.0182
#NMR/USDT analysis -
#NMR is in an uptrend, making new highs and trading above the 200 EMA. Currently, the price is trading over a support zone and forming a double bottom pattern. We can expect the price to bounce off from there and continue its upward trend. To go long, look for a breakout of the $28.05 level.
TF : 1D
Entry : $28.05
Target : $52.33
SL : $19.40
#VTHO/USDT analysis -
#VTHO is in an uptrend and it's making new highs, while finding support over the 200 EMA. The price is currently in a correction phase, and it's expected to bounce off from there to continue its trend and test the previous swing high. Just wait for the breakout of the $0.00398 level to go long.
TF : 1D
Entry : $0.00398
Target : $0.00637
SL : $0.00291
#CHZ/USDT analysis -
#CHZ is in an uptrend and is trading above the 200 EMA. The price is currently trading over the 200 EMA and is expected to bounce off from there to continue its trend. It is expected to test the previous swing high. Wait for the breakout of the $0.1272 level to go long.
TF : 1D
Entry : $0.1272
Target : $0.1661
SL : $0.1019