analysis
4.3M views
1,752 Posts
Hot
Latest
#BitcoinAnalysis #analysis #bitcoin☀️ $BTC
As i sad market will flush if it breaks this level i had mention this when it didn’t even happen you and check mu previous posts what will happen if bulls fail
As i sad market will flush if it breaks this level i had mention this when it didn’t even happen you and check mu previous posts what will happen if bulls fail
BNB analysis:
Price is currently trading within a narrow range between support and resistance. Since March, the price has remained in this tight range, and a significant breakout could occur at any time. Consider purchasing some BNB and adding more if the price drops to the support level.
Support Area: $530-$545
Resistance Area: $610-$630
$BNB $BTC $SOL
#WeAreAllSatoshi #CryptoAMA #BNB/USDT #analysis
Price is currently trading within a narrow range between support and resistance. Since March, the price has remained in this tight range, and a significant breakout could occur at any time. Consider purchasing some BNB and adding more if the price drops to the support level.
Support Area: $530-$545
Resistance Area: $610-$630
$BNB $BTC $SOL
#WeAreAllSatoshi #CryptoAMA #BNB/USDT #analysis
Fetch AI Completes Network Upgrade , Can FET Price Reach $13?
$FET 🧧🧧
Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform. The upgrade seamlessly integrates the Fetch ai mainnet with the CUDOS network, merging all CUDOS tokens and staked assets according to predefined token ratios and a three-month vesting schedule.
The integration of the CUDOS mainnet into Fetch ai brings new interoperability and functionality to the Fetch.ai ecosystem. By merging with CUDOS, Fetch.ai has broadened its decentralized computing capabilities, allowing for more efficient and scalable AI and blockchain-based applications.
Fetch.ai is also making strides in cross-chain interoperability through a recent partnership with Injective, a decentralized finance (DeFi) protocol. This collaboration allows Fetch.ai to replace its Inter-Blockchain Communication (IBC) protocol light client with Injective’s technology, enabling more efficient cross-chain asset transfers between the Fetch.ai and Injective networks.
The recent formation of a “Cup and Handle” pattern, a bullish continuation indicator. If FET breaks out from this pattern with high volume, a significant price rise could follow. The Relative Strength Index (RSI) for FET remains within a neutral range, around 44.68, suggesting that the asset has room for upward movement without being overbought.
#Fetch_ai #Cudos #analysis
$FET 🧧🧧
Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform. The upgrade seamlessly integrates the Fetch ai mainnet with the CUDOS network, merging all CUDOS tokens and staked assets according to predefined token ratios and a three-month vesting schedule.
The integration of the CUDOS mainnet into Fetch ai brings new interoperability and functionality to the Fetch.ai ecosystem. By merging with CUDOS, Fetch.ai has broadened its decentralized computing capabilities, allowing for more efficient and scalable AI and blockchain-based applications.
Fetch.ai is also making strides in cross-chain interoperability through a recent partnership with Injective, a decentralized finance (DeFi) protocol. This collaboration allows Fetch.ai to replace its Inter-Blockchain Communication (IBC) protocol light client with Injective’s technology, enabling more efficient cross-chain asset transfers between the Fetch.ai and Injective networks.
The recent formation of a “Cup and Handle” pattern, a bullish continuation indicator. If FET breaks out from this pattern with high volume, a significant price rise could follow. The Relative Strength Index (RSI) for FET remains within a neutral range, around 44.68, suggesting that the asset has room for upward movement without being overbought.
#Fetch_ai #Cudos #analysis
$PROM $PROM $PROM
PROM/USDT Analysis: Bullish Momentum Continues
The PROM/USDT pair is currently trading at $8.707, showing a remarkable 63.02% increase in the last 24 hours. The price has broken above the previous resistance level of $6.895, indicating strong bullish momentum.
Key Levels:
* Support: $6.895
* Resistance: $10.625
Entry Strategy:
Aggressive traders can enter near the current price of $8.707 with a stop-loss below $6.895. A more conservative approach is to wait for a dip to $6.895 before entering.
Overall Outlook:
The strong bullish momentum and breakout above resistance suggest further upside potential for PROM. However, the cryptocurrency market is volatile, so monitor the market closely.
Disclaimer: This is not financial advice. Do your own research.
#PROM #cryptocurrency #analysis #trading #Write2Earn!
PROM/USDT Analysis: Bullish Momentum Continues
The PROM/USDT pair is currently trading at $8.707, showing a remarkable 63.02% increase in the last 24 hours. The price has broken above the previous resistance level of $6.895, indicating strong bullish momentum.
Key Levels:
* Support: $6.895
* Resistance: $10.625
Entry Strategy:
Aggressive traders can enter near the current price of $8.707 with a stop-loss below $6.895. A more conservative approach is to wait for a dip to $6.895 before entering.
Overall Outlook:
The strong bullish momentum and breakout above resistance suggest further upside potential for PROM. However, the cryptocurrency market is volatile, so monitor the market closely.
Disclaimer: This is not financial advice. Do your own research.
#PROM #cryptocurrency #analysis #trading #Write2Earn!
Cardano investors have every reason to be cautious given ADA’s current range.
✓ADA lost over 50% of its value in the past three months.
✓ADA could continue to trade sideways within the $0.2530 – $0.2682.
#analysis
✓ADA lost over 50% of its value in the past three months.
✓ADA could continue to trade sideways within the $0.2530 – $0.2682.
#analysis
Using Indicators for Technical Analysis in Cryptocurrency Trading on Binance
In the world of cryptocurrency trading, technical analysis is a popular method for predicting price movements and making informed trading decisions. Indicators are an essential tool for technical analysis, and they can help traders identify trends, momentum, and potential reversal points. In this article, we will explore some popular indicators used in cryptocurrency trading and how they can be used on the Binance exchange.
Moving Averages
Moving averages are a popular indicator used in technical analysis. They show the average price of an asset over a specified period of time, smoothing out price fluctuations and highlighting trends. The most commonly used moving averages are the simple moving average (SMA) and the exponential moving average (EMA).
The SMA is calculated by adding up the closing prices of an asset over a specified period of time and dividing by the number of periods. The EMA is similar, but it gives more weight to recent prices. Traders often use moving averages to identify trends and potential entry and exit points for trades.
Relative Strength Index (RSI)
The Relative Strength Index (RSI) is another popular indicator used in technical analysis. It measures the strength of an asset's price relative to its previous prices, indicating whether an asset is overbought or oversold. The RSI is calculated by comparing the average gains and losses over a specified period of time.
When the RSI is above 70, the asset is considered overbought, and when it is below 30, the asset is considered oversold. Traders often use the RSI to identify potential reversal points and to confirm trends identified by other indicators.
Bollinger Bands
Bollinger Bands are a technical indicator that uses moving averages and standard deviations to identify potential trading opportunities. The indicator consists of a simple moving average, an upper band, and a lower band. The upper and lower bands are calculated based on the standard deviation of the asset's price over a specified period of time.
Traders often use Bollinger Bands to identify potential entry and exit points for trades. When the asset's price is near the upper band, it may be overbought, and when it is near the lower band, it may be oversold.
Using Indicators on Binance
Binance offers a range of technical analysis tools, including indicators like moving averages, RSI, and Bollinger Bands. Traders can access these tools on Binance's trading platform by selecting the "Indicators" tab on the charting screen.
Traders can customize the settings for each indicator based on their trading strategies and preferences. It is important to note that indicators should be used in conjunction with other forms of analysis, such as fundamental analysis, to make informed trading decisions.
In conclusion, indicators are an essential tool for technical analysis in cryptocurrency trading. Moving averages, RSI, and Bollinger Bands are just a few of the popular indicators used by traders. Binance offers a range of technical analysis tools for traders to use on its trading platform. When using indicators, it is important to use them in conjunction with other forms of analysis and to customize the settings based on trading strategies and preferences.
🧧 X0RFD4CJ
#Binance #BNB #analysis #indicators #crypto2023
Moving Averages
Moving averages are a popular indicator used in technical analysis. They show the average price of an asset over a specified period of time, smoothing out price fluctuations and highlighting trends. The most commonly used moving averages are the simple moving average (SMA) and the exponential moving average (EMA).
The SMA is calculated by adding up the closing prices of an asset over a specified period of time and dividing by the number of periods. The EMA is similar, but it gives more weight to recent prices. Traders often use moving averages to identify trends and potential entry and exit points for trades.
Relative Strength Index (RSI)
The Relative Strength Index (RSI) is another popular indicator used in technical analysis. It measures the strength of an asset's price relative to its previous prices, indicating whether an asset is overbought or oversold. The RSI is calculated by comparing the average gains and losses over a specified period of time.
When the RSI is above 70, the asset is considered overbought, and when it is below 30, the asset is considered oversold. Traders often use the RSI to identify potential reversal points and to confirm trends identified by other indicators.
Bollinger Bands
Bollinger Bands are a technical indicator that uses moving averages and standard deviations to identify potential trading opportunities. The indicator consists of a simple moving average, an upper band, and a lower band. The upper and lower bands are calculated based on the standard deviation of the asset's price over a specified period of time.
Traders often use Bollinger Bands to identify potential entry and exit points for trades. When the asset's price is near the upper band, it may be overbought, and when it is near the lower band, it may be oversold.
Using Indicators on Binance
Binance offers a range of technical analysis tools, including indicators like moving averages, RSI, and Bollinger Bands. Traders can access these tools on Binance's trading platform by selecting the "Indicators" tab on the charting screen.
Traders can customize the settings for each indicator based on their trading strategies and preferences. It is important to note that indicators should be used in conjunction with other forms of analysis, such as fundamental analysis, to make informed trading decisions.
In conclusion, indicators are an essential tool for technical analysis in cryptocurrency trading. Moving averages, RSI, and Bollinger Bands are just a few of the popular indicators used by traders. Binance offers a range of technical analysis tools for traders to use on its trading platform. When using indicators, it is important to use them in conjunction with other forms of analysis and to customize the settings based on trading strategies and preferences.
🧧 X0RFD4CJ
#Binance #BNB #analysis #indicators #crypto2023
LDO bulls could have an upper hand only if a surge is observed in…
✓The LDO bear rally could be short-lived forcing LDO to rebound from $1.853
✓A break below $1.853 will give bears more leverage and invalidate the above bias
#crypto2023 #analysis #Altcoin
✓The LDO bear rally could be short-lived forcing LDO to rebound from $1.853
✓A break below $1.853 will give bears more leverage and invalidate the above bias
#crypto2023 #analysis #Altcoin
Ethereum bulls remain euphoric but bears will look to erase all the recent gains.
✓The market structure flipped bullish for Ethereum last week.
✓The move above $1235 saw the range highs tested, but expecting a breakout could be dangerous. #crypto2023 #analysis
✓The market structure flipped bullish for Ethereum last week.
✓The move above $1235 saw the range highs tested, but expecting a breakout could be dangerous. #crypto2023 #analysis
Since August 1st in Central Africa, the regulator has included in its new regulations "digital assets",and more institutionals are interested to learn about cryptocurrencies in other to diversify their portfolio!
#crypto2023
#analysis
#crypto2023
#analysis
#analysis
Ripple’s lawsuit wid SEC could b on it homestretch; where will XRP go next?
Rumors are rife dat Ripple (XRP) could settle wid SEC (US Security and Exchange Commission
XRP formed a descending triangle chart pattern
A bearish breakout could push XRP to settle at $0.34
Ripple’s lawsuit wid SEC could b on it homestretch; where will XRP go next?
Rumors are rife dat Ripple (XRP) could settle wid SEC (US Security and Exchange Commission
XRP formed a descending triangle chart pattern
A bearish breakout could push XRP to settle at $0.34
#analysis
Bitcoin rallies from $17k after core CPI data release, should you go long now?
✓The lower timeframe market structure was strongly bearish.
✓The bulls can wait for a pullback before looking to bid.
Bitcoin rallies from $17k after core CPI data release, should you go long now?
✓The lower timeframe market structure was strongly bearish.
✓The bulls can wait for a pullback before looking to bid.
Cosmos [ATOM]: Extra gains could be likely if this support holds.
✓ATOM could post extra gains to investors.
✓Sentiment improved, and trading volume increased slightly.#crypto2023 #unsplash #analysis
✓ATOM could post extra gains to investors.
✓Sentiment improved, and trading volume increased slightly.#crypto2023 #unsplash #analysis
