$MOODENG Even your short positions will be useless, at lea | Ladonna Lovering on Binance Square

Trending Articles

Bookmarked and Liked

Ladonna Lovering

--

Bullish

$MOODENG 
Even your short positions will be useless, at least for the next 8 hours...

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

MOODENGUSDT

Perp

0.30891

+33.25%

615

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Ladonna Lovering

@salt_n_pepper

Explore More From Creator

$ADA For an ADA/USDT buy entry and stop-loss (SL) based on current technical indicators, here are some suggested levels: Entry Point Entry Buy: Around $0.42 - $0.43. This area serves as a strong support zone, so entering at or slightly above this level could be beneficial if there’s a price bounce. Confirmation: Wait for confirmation of a reversal signal, such as a bullish candlestick pattern or an increase in volume near this level. Stop-Loss (SL) Stop-Loss: Set SL just below the support at $0.41. Placing the stop-loss here helps manage risk in case of a bearish breakdown. Take-Profit (TP) Levels (optional) If the price moves up from the entry point, consider scaling out profits at resistance levels, such as around $0.45 or higher if bullish momentum continues.

--

$ADA To analyze the ADA/USDT chart for the next 12 hours, let’s look at several technical indicators: 1. Moving Averages: On a short-term chart (such as 1-hour or 4-hour), Cardano (ADA) is trading above short-term moving averages like the 20 and 50 EMA. This shows bullish momentum, often seen as a buy signal if this trend continues. However, if the price starts moving below these moving averages, it could signal an early trend reversal toward bearish conditions. 2. Relative Strength Index (RSI): The RSI on this timeframe is close to or in the overbought zone, which means a possible temporary dip or correction if buying pressure decreases. If the RSI is above 70, it indicates a potential overbought condition, but if it remains above 50, the bullish trend still has a chance of continuing. 3. Support and Resistance: The nearest resistance level for ADA/USDT is around $0.45, while strong support lies around $0.42. If the price breaks through the resistance level, there’s potential for further upward movement. On the other hand, if the price falls and breaches the support level, it could face further selling pressure. 4. Trading Volume: High volume usually confirms significant price movements. If a price increase is accompanied by rising volume, it strengthens the bullish trend. However, low volume during a price rise might indicate that the trend may not last. Conclusion: In the next 12 hours, if the $0.45 resistance level remains unbroken, ADA might consolidate or even correct towards the support area. It’s essential to watch market sentiment, as news events or sudden market shifts could significantly impact the price. Always use caution when making trading decisions, especially in highly volatile conditions.

--

$1000PEPE Based on the analysis of this chart, here are the recommended entry buy and stop-loss (SL): 1. Entry Buy: Entry buy can be made when the price pulls back to the support level near the MA7 or MA25, which is around 0.0098 - 0.010. This area is likely to become support if the bullish trend continues. Alternatively, you can wait for a breakout confirmation above 0.0115 (the recent high level). If the price successfully breaks this level with strong volume, it could be a stronger bullish signal. 2. Stop-Loss (SL): Place the SL below the nearest support level or recent low, around 0.0077. This will limit the risk in case of a significant price reversal. Another option is to place the SL around 3-5% below the entry level to anticipate volatility. Note: Monitor the RSI and MACD indicators during this period. If the RSI remains in the overbought zone or the MACD shows bearish signals (such as the MACD line crossing below the signal line), be cautious of potential price declines.

--

$1000PEPE To analyze this chart for the next 12 hours, let's break down a few key indicators and trends shown here: 1. Price Action and Moving Averages (MA): The price has risen sharply and is above the short-term (MA7) and medium-term (MA25) moving averages, indicating strong bullish momentum. If the price stays above these moving averages, it may continue to move up. However, a correction or pullback towards these MAs could also happen, which might offer a support level. 2. RSI (Relative Strength Index): The RSI is around 82, which is in the overbought zone (above 70). This suggests that the asset might be overbought and could face a pullback soon, as buyers may start to lose momentum. 3. MACD (Moving Average Convergence Divergence): The MACD is in positive territory, with a significant gap between the MACD line and the signal line, showing a bullish trend. However, the histogram bars are starting to decrease in height, possibly hinting at a weakening momentum. If the MACD line crosses below the signal line, it could indicate a bearish reversal. 4. Volume: There was a spike in volume during the recent price surge, suggesting strong buying interest. However, if volume starts to decrease while the price remains high, it could signal that the momentum is fading. Possible Scenarios for the Next 12 Hours: Bullish Scenario: If the price holds above the short-term moving averages, it may continue to rally. Watch for a breakout above the recent high of 0.0114990 to confirm further upward movement. Bearish Scenario: If the RSI remains overbought and the MACD shows weakening momentum, a pullback could be expected. Key support levels to watch would be around the MA25 line (0.0091881) or the recent low at 0.0077111. In summary, a bullish continuation is possible, but caution is advised due to overbought signals. Monitoring these indicators over the next 12 hours will be key for further insight into the trend.

--

$DOGE here are recommendations for entry buy and stop loss (SL): 1. Entry Buy: You might consider an entry buy if the price manages to stay above the MA7 level (yellow line) or if there’s a significant breakout above the nearest resistance level around 0.2000 - 0.2050 USDT. The entry buy confirmation could be stronger if buying volume increases or if the MACD crosses positively with the signal line. 2. Stop Loss (SL): Place a stop loss below the nearest support level, which could be around 0.1850 USDT, the lowest level in the last 24 hours. If the price drops below this level, there’s a chance the trend may reverse to bearish. Alternatively, you could set the SL below 0.1800 USDT to allow more room for price fluctuations while still minimizing risk. 3. Take Profit (Optional): For a take profit target, you might consider the previous resistance level, around 0.2200 USDT. If the bullish momentum continues, this level could be reached as the first target. Always apply risk management in line with your risk tolerance and pay attention to volume movement and other signals before making an entry decision.

--

Latest News

Significant USDC Transfer From BlackRock BUIDL Fund Detected

--

GlueX Protocol Faces Contract Vulnerability Attack

--

California Revokes BlockFi's Lending License Permanently

--

Binance Market Update: Top Stories November 8, 2024 

--

Bitcoin(BTC) Surpasses 76,000 USDT with a 1.30% Increase in 24 Hours

--

Cookie Preferences

ba-one-trust-cookie