#ELGDUSDT ON SUPPORT ZONE AREA, MAKING INVERSE HEAD AND SHO | Mr_Tycoon23 on Binance Square

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Bullish

#ELGDUSDT
ON SUPPORT ZONE AREA, MAKING INVERSE HEAD AND SHOULDER PATTERN 
#ELGD LONG IF IT FLIPS 📈〽️
📌ENTRY:266.048
✅TARGET1:27.273
✅TARGET2: 28.053
❌SL: 24.990
DO YOUR OWN ANALYSIS
KEEP ON RADAR
$EGLD 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Expecting short term bearishness .... May be this rate cut can bring some volatility in the market... Anyways I choose to trade my charts not news... But yes charts showing some volatility ahead.... And yesss do not get shaken out if anything goes south ⬇️.... That's the plan 👍.... Wait until things get normal again... #fedinterest #RateCutExpectations

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SUIUSDT Analysis Update: The SUIUSDT pair is experiencing a bullish trend, with a potential breakout above the resistance level of $2.50. The Relative Strength Index (RSI) indicates an overbought position at 73.59, while the Moving Averages (MA) show alignment in a bullish formation. Key Levels: - Support: $2.20 - Resistance: $2.50, $2.80 Technical Analysis: - RSI (14): 73.59 (Overbought) - Stochastic %K (14, 3, 3): 85.71 (Buy) - MACD (12, 26): 0.045 (Buy) - Bollinger Bands: Expansion (Increased Volatility) Market Sentiment: - Bullish: 80% - Bearish: 20% Trade Ideas: - Long-term: Breakout trade above $2.50, targeting $2.80 and $3.00 - Short-term: Pullback trade, with support at $2.20 Caution: Cryptocurrency markets are highly volatile. Always conduct thorough research and consider multiple sources before investing. Next Update: Monitor for potential retracement to support levels and adjustment of trade ideas accordingly. $SUI

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C98/USDT ANALYSIS UPDATE The C98USDT analysis update is looking bullish, with the price breaking out from its downtrend and closing above the major downtrend trendline. This suggests a potential continuation of bullish momentum, making it a great buy opportunity. The highlighted zone is of particular interest for possible buyback opportunities, with potential targets at 0.4880 and 0.5055. Key Levels: - Resistance: 0.593 - Support: 0.471-0.507 Market Sentiment: The market is watching closely for a breakout above this trendline, which could signal a potential shift in momentum toward the upside. If the price fails to break through resistance and reverses from current levels, a retest of the support zone seems likely. Technical Analysis: The Relative Strength Index (14) and Stochastic %K (14, 3, 3) indicate a neutral signal for short-term trading. Trade Ideas: Consider a long position with a target of 0.25 to 0.30 level, or a short position with a stop-loss at 0.43. Keep in mind that cryptocurrency markets are highly volatile, and thorough research is essential before investing. $C98

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📌FLOW/USDT ANALYSIS📊 FLOW/USDT has been in a prolonged downtrend, with the price consistently respecting a descending resistance trendline since March 2024. Currently trading at $0.537, the pair is approaching key resistance near $0.593, where it has previously been rejected multiple times. The failure to break above this level continues to reinforce the bearish sentiment. The market is watching closely for a breakout above this trendline, which could signal a potential shift in momentum toward the upside. If the price fails to break through resistance and reverses from current levels, a retest of this support zone seems likely. A break below this key support could push the price toward the next critical level at $0.390, where further bearish movement might slow down. Key Levels: - Resistance: $0.593 - Support: $0.471-$0.507 Technical Analysis: The Relative Strength Index (14) and Stochastic %K (14, 3, 3) indicate a neutral signal for short-term trading ⁵. Market Sentiment: The market is watching closely for a breakout above this trendline, which could signal a potential shift in momentum toward the upside ². If the price fails to break through resistance and reverses from current levels, a retest of the support zone seems likely ². Trade Ideas: Consider a long position with a target of $0.683-$0.711, or a short position with a stop-loss at $0.507 ². Keep in mind that cryptocurrency markets are highly volatile, and thorough research is essential before investing. $FLOW

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*With A Bullish Reversal, Can Worldcoin (WLD) Price Hit $3?* The launch of Worldcoin’s world ID on the Solana chain has resulted in its native token “WLD” price recording a jump of ~5% in hours. Moreover, with the rising volatility in the crypto market, the altcoin hints at the possibility of experiencing a major breakout. WLD Price On The Verge Of A Breakout? Amid increased price volatility in the crypto market, the Worldcoin price has added 1.29% in the past day with a trading volume of $101.27 million. Moreover, it has formed a symmetric triangle pattern and has continued trading within it since mid-July. Despite recording a jump of ~4% over the past week, it has dropped 1.88% during the past month and has a YTD return of -59.68%. This highlights a long-term bearish sentiment for the altcoin in the market. The Relative Strength Index (RSI) continues hovering close to its neutral point in the 1D time frame. This indicates a weak buying and selling pressure for the altcoin in the crypto market. *Will Worldcoin Prices Go Up?* If the bulls regain momentum, the WLD price could break out of its resistance trendline of the triangle pattern. Maintaining the price above that range could set the stage for this altcoin to test its upper resistance level of $3.30 in the coming time. On the flip side, if the bears regain momentum, the Worldcoin price will retest its crucial support level of $1.350. Further, if the bears continue to dominate the market, this could result in it possibly recording a new yearly low. $WLD

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