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š„ Current Price: 7.5572 (-0.31%) Support Level: 7.1094 Resistance Level: 8.2000
š„ Trading Setup:
Trend: The price is consolidating after a strong uptrend, indicating potential continuation.
Price Action: Sideways movement suggests accumulation before a possible breakout.
Entry Price: Around 7.5500 (current level).
ā Position: LONG
šÆ Final Decision:
Go long with a target towards 8.2000 (resistance level). Place a stop-loss below 7.2500 to manage risk in case of breakdown.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
š Worth more than $2 billion, Juventus is the worldās 11th most valuable football club.
Stablecoin issuer Tether has flexed its financial muscle by acquiring a minority stake in Juventus FC, a storied Series A football club that was founded more than 125 years ago in Turin, Italy.
According to a Feb. 14 announcement, the investment supports āTetherās goal of integrating stablecoins, digital assets, and human-first technology into everyday life.ā Financial details of the investment were not disclosed.
The company said it is looking to make āstrategic investmentsā in global sports franchises, which could help market digital assets and payments to more users.
According to Forbes, Juventus is the worldās 11th most valuable football franchise at $2.05 billion. As of May 2024, the franchiseās annual revenue was $459 million.
6. Price Action: Higher lows and an uptrend attempt suggest a potential breakout.
šÆ Final Trade Setup:
Position: Long
Entry Price: 2,710 - 2,715
Stop-Loss: 2,680 (Below recent lows)
Target: 2,780 - 2,790
š” Conclusion:
ETH is showing bullish momentum, with moving averages aligning for an upward push. A long position is favorable.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
Analysis of TST/USDT Chart & Trade Suggestion š„
š„ 1. Trend: Strong downtrend with continued selling pressure.
2. Support Level: 0.0968
3. Resistance Level: 0.1025
4. Moving Averages: MA(5) at 0.1018, MA(8) at 0.1025 (bearish crossover).
5. Current Price: 0.1005
6. Price Action: Lower highs and lower lows indicate further downside potential.
šÆ Final Trade Setup:
Position: Short
Entry Price: 0.1005 - 0.1015
Stop-Loss: 0.1030 (Above MA resistance)
Target: 0.0970 - 0.0968
š Conclusion:
Bearish momentum continues with no strong signs of reversal. A short position is preferable to capitalize on further downside.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
š„ 1. Trend: Recovering after a dip, slight bullish momentum.
2. Support Level: 2,824.89
3. Resistance Level: 2,962.27
4. Moving Averages: MA(5) at 2,868.68, MA(8) at 2,866.90 (bullish crossover).
5. Current Price: 2,880.92
6. Price Action: Breakout attempt with a strong green candle.
šÆ Final Trade Setup:
Position: Long
Entry Price: 2,870 - 2,885
Stop-Loss: 2,845 (Below recent support)
Target: 2,950 - 2,960
š Conclusion:
With moving averages turning bullish and a breakout attempt, a long position is favorable for further upside movement.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
4. Moving Averages: MA(5) at 0.1953, MA(8) at 0.1931 (bullish crossover).
5. Current Price: 0.2028
6. Price Action: Strong breakout candle with upward momentum.
šÆ Final Trade Setup:
Position: Long
Entry Price: 0.1980 - 0.2030
Stop-Loss: 0.1890 (Below recent support)
Target: 0.2100 - 0.2150
š” Conclusion:
Given the strong bullish momentum, moving average crossover, and support holding, taking a long position is favorable for a continuation towards resistance.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
Since the price is in an uptrend with strong momentum and a bullish MA crossover, taking a long position is ideal for continuation towards higher resistance.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
Analysis of LAYER/USDT Chart (1H Timeframe) & Trade Suggestion š„
š„ Key Levels Identified:
Resistance Level: 0.9039 (Recent peak)
Support Level: 0.7175 (Recent bottom)
š„ Trend & Setup:
Price is currently in a downtrend with lower highs and lower lows.
The Moving Averages (MA5 & MA8) are bearish, confirming downward momentum.
The price failed to sustain recovery and remains below MA lines.
ā Trade Recommendation: Short Position
Entry Price: 0.7400 - 0.7450 (Pullback to resistance zone)
Target (TP): 0.7175 (Support level)
Stop Loss (SL): 0.7550 (Above recent resistance)
šÆ Final Decision:
Go short on a rejection around 0.7400 - 0.7450 for a move towards 0.7175. Momentum favors downside.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
No signs of reversal; the price is near support but lacks strong buying pressure.
ā Position Recommendation: SHORT
Entry Price: 0.6800 - 0.6850
Target: 0.6600
Stop-Loss: 0.7050
š The trend remains bearish, so a short position is ideal.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
Market Analysis for FLOKI/USDT (4H Chart)& Trade Suggestion š„
š„ Key Levels:
Support Level: 0.00009200
Resistance Level: 0.00010496
š„ Setup Analysis:
Price is trading below the 5 & 8 MA, signaling weakness.
Recent lower highs suggest bearish momentum.
If price drops below 0.00009700, further downside is expected.
ā Position Recommendation: SHORT
Entry Price: 0.00009750 - 0.00009850
Target: 0.00009250
Stop-Loss: 0.00010050
š Since the trend is bearish with rejection from resistance, a short position is recommended.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
Market Analysis for TAO/USDT (4H Chart) & Trade Suggestion š„
š„ Key Levels:
Support Level: $360
Resistance Level: $403
š„Setup Analysis:
Price is below the 5 & 8 MA, indicating a bearish trend.
Lower highs and rejection at $403 show weakness.
If price loses $375, further downside is expected.
ā Position Recommendation: SHORT
Entry Price: $380 - $385
Target: $360
Stop-Loss: $395
š The chart shows bearish momentum, so a short position is recommended.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
Market Analysis for MASK/USDT (4H Chart) & Trade Suggestion š„
š„ Key Levels:
Support Level: $2.22
Resistance Level: $2.35
š„ Setup Analysis:
Price is trading below the 5 & 8 MA, showing weakness.
A lower high formation suggests bearish momentum.
If price breaks below $2.26, further downside is likely.
ā Position Recommendation: SHORT
Entry Price: $2.28 - $2.30
Target: $2.22 - $2.20
Stop-Loss: $2.33
š Since the price is showing weakness with a rejection near resistance, a short position is recommended.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
š Since the price faced rejection at $4.55 and is showing bearish momentum, a short position is recommended.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
Price is in a downtrend, making lower highs and lower lows.
MA(5) (0.2241) is below MA(8) (0.2347), indicating bearish momentum.
Price recently broke below 0.2135, nearing support at 0.2094.
ā Trade Setup:
Position: Short
Entry Price: 0.2200 - 0.2250 (Pullback to MA-5)
Target: 0.2094 (Support level)
Stop Loss: 0.2350 (Above MA-8 & resistance)
šÆ Final Decision:
Go short on a pullback toward 0.2200 - 0.2250 with a stop above 0.2350 and a target of 0.2094.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
š„ 1. Trend: Bullish with higher highs and higher lows.
2. Support Level: 5.389
3. Resistance Level: 6.056
4. Moving Averages: MA(5) at 5.657, MA(8) at 5.646 (bullish crossover).
5. Current Price: 5.728
6. Price Action: Uptrend continuation after a pullback, forming bullish momentum.
šÆ Final Trade Setup:
Position: Long
Entry Price: 5.650 - 5.700
Stop-Loss: 5.350 (Below support)
Target: 6.000 - 6.100 (Near resistance)
š Conclusion:
Since the price is in an uptrend with a bullish crossover of MAs, taking a long position is ideal for continuation towards resistance.
ā ļø Disclaimer ! This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
š„ Fed is going to be even more cautious about inflation after CPI report! šš
The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed watchers saying the central bank wouldnāt cut rates at all this year.
U.S. headline CPI inflation rose 0.5% in January, much hotter than expected. Core inflation was up 0.4%, also above expectations.
Federal Chairman Jerome Powell tried to push back on the view that the CPI data was a game changer for the central bank.
š„ Powell said the data wasnāt much different from earlier reports that showed the Fed was āclose but not thereā on getting inflation back to its 2% target.
Last year, personal consumption expenditures inflation was running at a 2.6% rate, above the Fedās 2% target, he noted.
āTodayās report says the same thing,ā Powell said.
Powell said he had ātwo notes of cautionā about the data. First, he said, the Fed looks at longer-term trends.
āWe donāt get excited about one or two bad readings,ā he said.
Second, the Fed targets PCE inflation, which he called a better measure of price pressures.
š In general, the PCE index tends to show a lower inflation rate than the CPI.
But economists said the Fed would definitely be more worried in the wake of the data.
āTodayās CPI data report will likely result in the Fed becoming more cautious about inflation risks,ā said Aichi Amemiya, an economist at Nomura Securities.