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#HARD/USDT analysis :
#HARD is currently in an uptrend, trading above the 200-period exponential moving average (EMA) and forming new highs. The price is now retracing toward a significant support zone. It is expected that the price will test this support area before resuming its bullish momentum. Following this, previous highs are likely to be tested.
TF : 2h
Entry : $0.1578
Target : $0.2005
SL : $0.1358
#AAVE/USDT analysis :
#AAVE is currently in an uptrend, trading above the 200-period exponential moving average (EMA) and consistently reaching new highs. The price has recently demonstrated a strong bullish movement but is now retracing toward a significant support zone. It is anticipated that the price will test this support area before resuming its bullish momentum.
TF : 1D
Entry : $140.24
Target : $237.09
SL : $117.90
Bitcoin : Binance withdrawals continue whereas It hits a New ATH!
Bitcoin hit a new ATH today but investors continue to withdraw their Bitcoin from Binance exchange.
This marks the second-largest withdrawal this year with over 7500 Bitcoins.
This provides insight into investors sentiment and confidence in the market.
It could also indicate long term investments which is a very positive sign.
BTC/USD Analysis:
The analysis highlights Bitcoin's price movement during bull rallies before a major crash:
1- In 2017, after Bitcoin broke its 2013 high, it underwent corrections of over 25% approximately three times from new highs before reaching its all-time high later that year.
2- In 2020, when Bitcoin surpassed its 2017 high, it experienced corrections exceeding 25% around three times from new highs before achieving its all-time high in 2021.
So, for anyone who thinks this rally is driven by FOMO or believes they've already missed the opportunity, there’s likely to be one last chance when BTC corrects by more than 25%.
Crypto Fear & Greed Index: 80.
Yesterday, the index was 88.
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.
#BTC/USDT.P Analysis:
Currently, the price is forming an ascending triangle pattern, indicating potential for a breakout.
Once the breakout happens, we anticipate strong momentum in the breakout direction.
#TOTAL Analysis:
After the analysis was provided, when the price breaks out above the swing high, retests the trendline support, and then surpasses the previous all-time high, it indicates strong bullish momentum.
At this point, every small pullback offers an excellent buying opportunity.
At current prices, the MVRV ratio indicates that Bitcoin is not overvalued, as it remains outside the overvalued zone.
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#SAND/USDT analysis :
#SAND is currently in a downtrend, consistently making new lows on the daily time frame. The price is facing rejection from the resistance zone and the 200 EMA, and it is expected to test the support zone and the previous swing low. Look for a pullback to identify a potential short entry.
TF : 1D
Entry : $0.2852
Target : $0.2275
SL : $0.3253
#BAL/USDT analysis :
#BAL is currently in a downtrend, trading below the 200 EMA and consistently making new lows. The price has retraced and retested the resistance level during the correction phase. It is now showing signs of rejection from this level, suggesting that it is likely to continue its bearish momentum and test previous lows.
TF : 1D
Entry : $2.088
Target : $1.734
SL : $2.327
BTC LONG/SHORT Ratio Analysis:
A BTC Long/Short Ratio of 0.9608 indicates more short positions than long positions, suggesting that traders are slightly more bearish.
There are possibilities:
1-Bearish Sentiment: More traders expect BTC to decline, potentially pressuring the price lower.
2-Potential for Short Squeeze: If BTC shows strength and rises unexpectedly, it could lead to a short squeeze, forcing shorts to cover and potentially driving the price up.
#BITCOIN Analysis:
As expected, BTC is showing an overall bullish trend for November, and it has already achieved 50% of the average monthly gain for this month.
#FLM/USDT analysis :
#FLM is currently in a downtrend, trading below the 200 EMA. The price is consolidating sideways within a support and resistance zone. It is currently facing rejection at the resistance zone and is expected to decline from this point, testing the support zone.
TF : 1D
Entry : $0.0620
Target : $0.0500
SL : $0.0700
#WING/USDT analysis :
#WING has broken down below its support zone and has retested that zone. The price is currently facing rejection at this zone and is expected to continue its bearish momentum, aiming to test the previous lows.
TF : 2h
Entry : $5.337
Target : $4.596
SL : $5.803
#EGLD/USDT analysis :
#EGLD is currently in an uptrend, trading above the 200 EMA. The price has successfully broken out and retested the previous swing high resistance levels. It is anticipated that the price will bounce back from this point and continue its bullish momentum, aiming to test the recent swing high.
TF : 4h
Entry : $28.44
Target : $33.75
SL : $26.00
#BTC/USDT.P Analysis:
After the analysis was provided, BTC broke down and slipped over 3% from the breakdown level. Let’s wait and see if it continues to drop further.
#KSM/USDT analysis :
#KSM has broken below the 200 EMA and is currently attempting to breach the support zone. The price is expected to break through this zone and continue its decline. For a short entry, it is recommended to wait for confirmation of the support break.
TF : 1h
Entry : $17.86
Target : $16.78
SL : $18.54
#SUSHI/USDT analysis :
#SUSHI is currently in a downtrend, trading below the 200 EMA, and the price is approaching the resistance zone. It is anticipated that the price will decline from this level and test previous lows. For a short entry, it is advisable to wait for a pullback.
TF : 1D
Entry : $0.775
Target : $0.592
SL : $0.902
JUST IN: 🇺🇸 BlackRock’s #Bitcoin ETF has hit $40 billion in assets in a record time.
The most successful ETF launch ever 🔥
Crypto Fear & Greed Index: 88.
Yesterday, the index was 84.
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.
PEPE hit an all-time high today, soaring over 51%!🚀
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#BTC/USDT.P Analysis-
If a strong bullish candle forms on CPI data news and then breaks out, it is likely to achieve a 1% target.
T.F.- 5-M
ENTRY- 88254
SL- 88975
TARGET- 87400
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
BlackRock bought nearly $2.86 BILLION worth of Bitcoin in just 4 days🔥
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Crypto Fear & Greed Index: 84.
Yesterday, the index was 80.
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.