#YFI/USDT analysis :
#YFI is currently experiencing a downtrend on the higher time frame. The price has retraced to a resistance zone during the correction phase. Currently, the price is exhibiting signs of rejection from this zone. It is anticipated that the price will decline from this point and test the previous swing low.
TF : 1D
Entry : $6,227
Target : $4,460
SL : $7,306
MicroStrategy acquired 27,200 BTC for $2.03 billion, with a total holding of 279,420 BTC.
The company's BTC Yield from October 1 to November 10, 2024, was reported at 7.3%.
Funding Rate Spike on Binance !
Today, we're observing a hike in Binance's funding rates, signaling an increase in long positions.
With Binance's open interest also reaching an all-time high, this points to a bullish sentiment but may also indicate an over-leveraged market.
However, this rise in leveraged positions brings the risk of rapid liquidations, potentially causing sharp price movements.
In such conditions, it's wise to avoid over-leveraged trades to mitigate exposure to sudden reversals.
#BTC/USDT.P Analysis:
After consolidating for over 34 weeks, BTC has closed above its previous all-time high and is set to reach the target level of 111,650.
Additionally, any dip or single-day correction of more than 5% presents an excellent buying opportunity.
#STMX/USDT analysis :
#STMX has broken out of the trendline after bouncing back from the support zone. The price is expected to rise from the current level and test the previous swing high.
TF : 1D
Entry : $0.005739
Target : $0.008718
SL : $0.004163
#CTSI/USDT analysis :
#CTSI is currently trading at a support zone and is expected to bounce back from this level, rising to test the resistance zone. A potential gain of 140% is anticipated from the current level.
TF : 1W
Entry : $0.1405
Target : $0.3404
SL : $0.0888
#NKN/USDT analysis :
#NKN is currently in a downtrend, trading below the 200 EMA and consolidating sideways within a support and resistance zone. The price has recently bounced back from the support zone and is approaching the resistance zone.
It is advisable to wait for the price to test the resistance and potentially reject from that level for a short entry, as the price is expected to continue its bearish momentum. A candle closing above $0.0920 level will invalidate the setup.
TF : 1D
Entry : $0.0820
Target : $0.0610
SL : $0.0920
Bull-Bear Market Cycle Indicator:
▪️The bull/bear market cycle indicator is a momentum metric.
▪️It measures the difference between the P&L Index and its 365-day moving average.
▪️Bull cycle - indicator above 0.
▪️Bear cycle - indicator below 0 and below its 365-day moving average.
▪️Most of the returns of bitcoin are made when the indicator is above 0 (bull market cycle).
▪️Prices enter into bear mode when the indicators switch from Bull to BEAR.
#FUN/USDT analysis :
#FUN has established a breakout from its trendline after rebounding from the support zone. The price is anticipated to continue rising from its current level and is likely to test the previous swing high.
TF : 4H
Entry : $0.003263
Target : $0.003644
SL : $0.003008
#COS/USDT analysis :
#COS is currently in a downtrend, trading below the 200EMA. The price has broken down and retested the support zone, which has now become a resistance level. After this retest, the price is expected to decline further and continue its bearish momentum, potentially testing lower levels. Look for a pullback for short entry.
TF : 4h
Entry : $0.006840
Target : $0.005888
SL : $0.007470
Crypto Fear & Greed Index: 75.
Yesterday, the index was 77.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
Crypto Fear & Greed Index: 80.
Yesterday, the index was 76.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#MANA/USDT analysis :
#MANA is currently forming lower lows (LLs) and lower highs (LHs) while trading near the resistance zone. The price is expected to decline from this level and test previous lows. For a short entry, it is advisable to wait for a break below the $0.3370 level.
TF : 1D
Entry : $0.3370
Target : $0.2713
SL : $0.3752
#SXP/USDT analysis :
#SXP has broken out of the trendline, and the price has also rebounded from the support zone following a period of sideways consolidation. It is anticipated that the price will continue to rise from the current level and test previous swing highs.
TF : 1D
Entry : $0.3240
Target : $0.5629
SL : $0.2055
Crypto Fear & Greed Index: 76.
Yesterday, the index was 78.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#DGB/USDT analysis :
#DGB is currently in a downtrend, consistently making new lows while trading below the 200 EMA. The price is now showing a retracement towards the 200 EMA and the resistance zone. It is expected to reverse and continue its bearish momentum. It is recommended to wait for the price to retest this zone and demonstrate rejection before considering a short entry.
TF : 1D
Entry : $0.00703
Target : $0.00541
SL : $0.00814
#ARDR/USDT analysis :
After breaking out above the 200 EMA, the #Ardor has retested it and consolidated sideways over the support zone. Recently, the price has bounced back from the support zone, and it is anticipated to continue its bullish momentum to test the previous swing high level.
TF : 1D
Entry : $0.09132
Target : $0.12550
SL : $0.07356
#BNT/USDT analysis :
#BNT has recently broken out of the mini consolidation at the support level. The price is expected to rise further and continue its bullish momentum to test swing high levels.
For confirmation of a long entry, it is advisable to wait for a weekly candle to close above the $0.5580 level. A potential gain of 70% is anticipated, with a stop-loss set at the $0.4130 level.
TF : 1W
Entry : $0.5580
Target : $0.9750
SL : $0.4130
Crypto Fear & Greed Index: 75.
Yesterday, the index was 75.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#MTL/USDT analysis :
#MTL is currently in a downtrend, trading below the 200EMA. The price is consolidating sideways within a correction phase. It is expected that the bearish momentum will continue soon, potentially testing newer lows. For a short entry, wait for a pullback and retest of the zone.
TF : 1D
Entry : $1.047
Target : $0.765
SL : $1.223
#ARPA/USDT Analysis-
ARPA has formed bullish symmetrical triangle pattern. Once it will break the high then it has high potential to go up till the target zone.
T.F.- 4-H
ENTRY- as soon as it gives breakout
SL- 0.04610
TARGET- 0.05500
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#BTC/USDT.P Analysis-
After the consolidation, if it breaks down below the trendline, there is a high potential for it to decline further until it reaches the support zone.
T.F.- 15-M
ENTRY- as soon as it gives breakdown below the trendline
SL- 1% from the entry price
TARGET- 73650