Here's a cryptocurrency trading signal alert for USUAL/USDT on the 4-hour chart:
USUAL/USDT 4H Signal Alert
#USUAL #USDT #Binance #USUALAnalysis #Crypto
Price Action Overview:
USUAL/USDT has been in a clear downtrend on the 4-hour chart. The price has broken below several support levels and is currently trading at $1.0810. The Moving Averages (MA) are all sloping downwards, indicating a strong bearish trend.
Trading Signal:
Entry: $1.0810 (current price)
Take Profit 1: $1.12
Take Profit 2: $1.15
Take Profit 3: $1.18
Stop Loss: $0.94
Resistance Levels: $1.12, $1.15, $1.18
Support Levels: $0.94, $0.86
Caution:
Traders should be cautious of further downside potential as the market remains bearish. Watch for signs of stability or a potential breakout before entering new positions.
Disclaimer: This is not financial advice. Please do your own research and consult with a financial advisor before making any investment decisions.
Additional Notes:
* The 24-hour volume for USUAL is 413.15M, indicating high trading activity.
* The Relative Volume (RWA) is greater than 1, suggesting that the current volume is higher than average.
* The Moving Average Convergence Divergence (MACD) is below the signal line, indicating a bearish trend.
Remember: Trading cryptocurrencies involves significant risk and can result in the loss of your investment. Please trade responsibly.
