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Crypto fear & greed Index: 70
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 71. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#RSR has hit the target level and made a significant high +230% from our entry price. 🚀🎉
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#RVN/USDT analysis -
#RVN is in an uptrend, making new highs above the 200 EMA. The price is currently retracing towards the 200 EMA, and it's likely to bounce back from the support zone. Look for the price to reach the support zone for entry. The price is expected to continue its trend.
TF : 4H
Entry : $0.03850
Target : $0.05961
SL : $0.03114
#FET/USDT Analysis-
On the daily timeframe, FET/USDT formed a descending triangle pattern initially, breaking out and surging over 550% to its all-time high. It then formed a flag and pole pattern, giving a second breakout resulting in an 181% increase. Finally, after consolidation, it experienced a third breakout, rising over 76% to its all-time high.
For the first breakout, entry could be taken at breakout or retest, with a stop loss below the triangle pattern or the higher low formed. For the second and third breakouts, entry would be initiated immediately upon breakout, with a stop loss placed below the breakout candle.
Note: This post is for educational purposes only.
#XVG/USDT analysis-
On the daily timeframe, following an all-time low, the price formed two ascending triangle patterns. Both patterns experienced a breakout within a single day, indicating strong buying pressure.
The first breakout resulted in a price increase of more than 77% from the breakout level, while the second breakout led to a gain of over 55% from its respective breakout level.
According to price action analysis, for the first breakout, entry could have been taken either at the breakout or during the retest. The stop loss would be placed below the triangle pattern or the higher low formed upon breakout.
Regarding the second breakout, entry would have been initiated immediately upon breakout since the likelihood of a retest is minimal, and the price could surge sharply thereafter. The stop loss would be positioned below the breakout candle.
Note: This post is purely educational in nature.
#DOCK/USDT analysis -
#DOCK is on an uptrend within a bullish channel. The price is getting closer to the 200-day exponential moving average (EMA), and there's a possibility it will bounce back from there to test the resistance of the channel. To go long, wait for the price to break out above the $0.0425 level.
TF : 4h
Entry : $0.0425
Target : $0.0492
SL : $0.0384
#GHST/USDT analysis-
The price is forming a descending triangle pattern. Additionally, it has already tested the support level multiple times at 2.7, indicating a high chance of breaking down further. If a breakout occurs, there is potential for the price to decline.
T.F.-15-Minute
ENTRY- as soon as it gives breakdown i.e. 2.685-2.689
SL- Above resistance area or previous swing high i.e. 3.195
TARGET- 2.120
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
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.
#BTC/USDT analysis
The price is finding support around 64500. It has tested this level multiple times, and if it breaks down, there is potential for further decline.
ENTRY- $64,470
SL-above the breakdown candle
TARGET- $61200
https://x.com/proanalysisb/status/1775807586727821798?s=46&t=CXYkY_LmfxJGksGi91zW0g
#OXT/USDT analysis -
#OXT is consistently making new highs and trading above the 200 EMA. The price is expected to bounce back from the support zone and test its previous swing high.
TF : 1D
Entry : $0.119
Target : $0.173
SL : $0.097
#PAXG has hit the target level and made a significant high of 15% from our entry price. 🚀🎉
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#VITE/USDT analysis -
#VITE is in an uptrend, making higher highs (HHs) and higher lows (HLs) above the 200 EMA. It is currently trading above the 200 EMA and is likely to bounce back from there to continue its trend. It will test the previous swing high. Enter on the breakout of the $0.0333 level.
TF : 4H
Entry : $0.0333
Target : $0.0400
SL : $0.0297
#RVN has hit the target level and made a significant high +130% from our entry price. 🚀🎉
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#BOME/USDT analysis-
The price formed cup and handle pattern and if it gives breakout then it has potential to up.
T.F.-15-Minute
ENTRY- as soon as it gives breakout i.e. 0.01861-0.01865
SL- below support area i.e. around 0.017350
TARGET- 0.019815
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
Crypto fear & greed Index: 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.
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 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.
#BTC/USDT analysis -
$BTC is currently consolidating in a triangle pattern above the 200-day exponential moving average (EMA). The price is expected to bounce back from there and eventually break out of the consolidation phase, potentially reaching a new all-time high. Stop loss (SL) would be placed below the pattern. To go long, wait for the price to break above the $71,700 level. However, if the price fails to break upside and instead breaks downside, the setup will fail and the price may decline further.
TF : 4h
Entry : $71700
Target : $83000
SL : $64200
#JUP/USDT analysis-
The price is forming descending triangle pattern. If it gives breakout then it has potential to go down.
T.F.-15-Minute
ENTRY- as soon as it gives breakdown i.e. 1.5690-1.5699
SL- Above resistance area i.e. 1.6530
TARGET 1- 1.4495
TARGET 2- 1.3925
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
#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.