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Itachi trader
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Guys Coin #1000XUSDT Short Position Entry : 0.3200_0.3300 SL : 0.3500 TP1 : 0.3100 TP2 : 0.3000 TP3 : 0.2800 TP4 : 0.2650 TP5 : 0.2500 Guys You have made profit then please share with me
Guys Coin #1000XUSDT Short Position Entry : 0.3200_0.3300 SL : 0.3500 TP1 : 0.3100 TP2 : 0.3000 TP3 : 0.2800 TP4 : 0.2650 TP5 : 0.2500 Guys You have made profit then please share with me
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Itachi trader
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Mila Rose
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$ALPHA
/USDT Technical Analysis and Trade Strategy🚀🎯
Current Price: $0.1192
24h High: $0.1232
24h Low: $0.1101
Technical Indicators:
Bollinger Bands (20, 2):
Upper Band: $0.1199
Middle Band: $0.1170
Lower Band: $0.1141
Parabolic SAR (0.02, 0.2):
SAR: $0.1163
Analysis:
1. Trend Analysis: ALPHA/USDT is in an uptrend, indicated by the +6.91% price increase in the last 24 hours. The price is currently near the upper Bollinger Band, suggesting potential resistance around $0.1199.
2. Support Levels: The Parabolic SAR at $0.1163 and the lower Bollinger Band at $0.1141 provide key support zones if the price retraces.
3. Resistance Levels: The upper Bollinger Band at $0.1199 is a key resistance level. If the price breaks above this level, we may see further bullish movement.
Trade Strategy
Long Position Entry:
Entry Point: If ALPHA/USDT retraces to the SAR support at $0.1163 or the lower Bollinger Band at $0.1141, this could be an entry point for a long trade.
Stop Loss: Set a stop loss below $0.1140 (below the lower Bollinger Band) to limit risk.
Target Levels:
1. Target 1 (T1): $0.1199 (Upper Bollinger Band) – Watch for resistance around this level.
2. Target 2 (T2): $0.1220 – This level could be a potential breakout point if momentum continues.
3. Target 3 (T3): $0.1232 (24h High) – A potential profit-taking zone for bullish continuation.
Short Position Entry:
Entry Point: If the price breaks below the SAR level at $0.1163, consider a short position targeting the lower Bollinger Band at $0.1141 or the 24h low at $0.1101.
Stop Loss: Set a stop loss above $0.1199 to protect against unexpected bullish moves.
Target Levels:
1. Target 1 (T1): $0.1141 (Lower Bollinger Band) – First support level to consider.
2. Target 2 (T2): $0.1101 (24h Low) – Further downside potential if the market turns bearish.
3. Target 3 (T3): $0.1080 – Potential extension of the downtrend if market conditions worsen.
Analysis: Kadena has shown strong bullish momentum with a +13.74% increase in the past 24 hours and over 162% growth in the last 30 days. However, recent hourly data indicates a slight pullback of -0.87%, which could present a favorable entry point for short- to mid-term gains. Use DCA if prices dip closer to the $1.10 support zone. $KDA
Note: Trade at your own risk. DYOR (Do Your Own Research). #Share1BNBDaily #KDA #Xrp🔥🔥 #BnbAth #BTC☀