Technical analysis of #usual via chat gpt
Overview:
1. Price:
• Current Price: 1.5402 USDT
• 24h Change: +33.93%
• 24h High: 1.6521 USDT
• 24h Low: 1.1151 USDT
• 24h Volume (USUAL): 700.17M
• 24h Volume (USDT): 930.94M
2. Indicators:
• SAR (Stop and Reverse): The dots are below the candlesticks, indicating an uptrend.
• Moving Averages (MA):
• MA(5): 35.354.066,3
• MA(10): 32.948.202,4
• MACD:
• DIF: 0.1083
• DEA: 0.0941
• MACD Histogram: 0.0142 (positive, suggesting bullish momentum)
• RSI (Relative Strength Index):
• RSI(6): 71.62
• RSI(12): 69.49
• RSI(24): 67.13 (all nearing overbought territory)
• Stochastic RSI: 81.12 (indicating overbought conditions).
• Volume: 13.2M for the current candle.

Key Observations:
1. Trend:
• The price is in an uptrend as indicated by the SAR and higher highs on the candlesticks.
• The MACD shows bullish momentum, though it is not very strong.
2. Volume:
• A high trading volume indicates significant interest in this pair.
3. RSI & Stochastic RSI:
• RSI values near 70 and Stochastic RSI above 80 suggest the asset is overbought and could face a correction soon.
4. Price Action:
• The price has pulled back slightly from the 24h high of 1.6521, potentially indicating resistance at that level.

Recommendations:
• For Buyers: Be cautious as the RSI and Stochastic RSI suggest that the asset may be overbought. Consider waiting for a pullback before entering.
• For Sellers: This could be an opportunity to take profits if you bought at a lower price.
• Monitor Key Levels:
• Support: ~1.3551 (previous consolidation zone).
• Resistance: ~1.6521 (24h high).

Why a
Great project is not always a great investment

My personal example is the #ocean protocol. On paper , great project . Still today
Yet with a big lack of development / adoption rate this coins barely move , and I left a while back.

So dyor but also follow the trends …not everything always makes
Sense or needs
To

Storms and safe even

Damned the #usual movement is strong ! I took my profit and I am watching g from afar that little coin go up…
Missed opportunity ? Lack of faith …well I made my bed and I need to accept it .

Now markets are bleeding so what to do …
Well you put your coins back on a stable coin like #USDC … or invest in what you believe will climb back

Maybe #shib maybe #btc …it’s market discount but it’s scary to buy something when the supermarket is on fire !

So what are you doing ? Buying ? hodl ? Transfer ? Bett it all ?

3 coins to watch

#io
#lumia
#ZRO

Closest to break out is IO follow by zro and Lumia

I am not investing yet but I keep an eye on those 3

Imagine 1M#shib =2 pizzas 🍕

#MarketCorrectionBuyOrHODL

So we are experiencing some drops, is now a good time to buy ? Or shall you just seat tight and wait…
Well now is the time to make your next strategy and research, the #usual train is passed if you were in for short time earning that is. For long time bet , this can still be a good value .
But for scalping if that’s your sport, be cautious the coin is stabilizing.
So what’s next …well if you are tired put some coins in earning like #usdc in flexible so you stay agile if the market restart.
If you are in buying fever, keep an eye on solid projects and dyor. I keep an eye on #luna but I am not pronounced yet. Some project are launching soon, but they feel a bit week.
#shib doge eth are low so could make for good penny dime dollar jars while waiting for the next wave

#MarketCorrectionBuyOrHODL?
So we are experiencing some drops, is now a good time to buy ? Or shall you just seat tight and wait…

Well now is the time to make your next strategy and research, the #usual train is passed if you were in for short time earning that is. For long time bet , this can still be a good value .

But for scalping if that’s your sport, be cautious the coin is stabilizing.

So what’s next …well if you are tired put some coins in earning like #usdc in flexible so you stay agile if the market restart.

If you are in buying fever, keep an eye on solid projects and dyor. I keep an eye on #luna but I am not pronounced yet. Some project are launching soon, but they feel a bit week.

#shib doge eth are low so could make for good penny dime dollar jars while waiting for the next wave

500 to 1 M where do I stand …started 2nd of December …

#Usual was a great run, it time to look for the next things
Usual is a good project , #lumia seems interesting too …what do you guys thinks ?
Is that a possible 30% gain around the corner soon ?

Lumia is a Next bet

500 to 1M
Nailed it with usual , missed the full top at 1.2
But the whole matched my estimation and I keep up with my Strategie
Enter at 0,35 and exit at 0,9 and then 0,98…still have 200 coins with over the top value of 2 …

So the 500 started in December are now 1800

What shall be next ?

Congrats if you followed me on usual and keep holding and now take your gain
I do believe that the coin will stabilize around 1+_ 0.2

Strong resistance at 1,2
No chance to see it at 10 as some are claiming without the ecosystem and acceptance growing …so no impossible but would take years, most likely over 4 years after all coins are released.
And 4B is not soooo big for crypto

What if you are not sure if you shall buy more or sell your #usual ?

We’ll keep an eye on the staking g / earning Programm they shall be up the oof on the APY as it’s part of the philosophy’s the project . But long time stalker will be more rewarded than short time staker

Think of it as a I.T transmission period where nothing can be lost but you can not use it

Your coins are still there , you need to trade them on one of the pair that will appear tomorrow for example usual/ bnb or usual /usdc and put your order as „usual“

CET = UTC+1

All Infos about usual from Binance here

#USUALSpotLaunch
Usual is now out of pre launch and trading is suspended.
Be aware that your open orders are canceled
You need to follow market opening. To put back your orders!

#500to1M where do we stand ?
So far from the beginning of December from 500 I am now at 1600 so between stage 5 and 6 .
If #usual perform well I shall reach stage 6 maybe up to 7.

I did lose money on side quests on #me (lost 30) and #move ( lost 140)

I think it will be hard not to take gain around d Christmas and I will definitely start to sweat 😅 when trade are in the 5 digit area at stage 13.

FYI all stage are calculated by taking 30% increase from previous stage ( win/ reinvest) target is 30 trades ( lost count but I shall be around 10) or 30months as it take about 1 months on average for alll crypto to grow 30% . Still a horse race

Not financial advice dyor

Why 0,88 or 0,888 for #usual ?

Well this might signal a strong Chinese / Asian user community as 888 is a sign of good fortune 🥠 and lucky number

So next time you trade anything below 1 or close to 100 and you believe it’s a crypto of choice in Asia
Remember it !

$BNB is “closed “ to 800…so maybe a strong sell around 888 in the future ;)

Crypto trader are QWERTY so checkt the 69 and 420 digit as well

We see #bnb as a convenient way of transferring low crypto asset value sometimes.
But the Binance token is more than this it holds a strong value and can represent a long time investment .
Slightly more susceptible to crypto storm than the big 2 But still…

So do you hold bnb ?
Or are you using it ?