MGS TEMON
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MARKET UPDATE ON 05/01
Currently, the entire market is in an excited state along with the release of DOm, which is causing most altcoins to experience a strong upward movement.
However, short-term data indicates a slight correction signal. This week, it is highly likely that BTC will correct to around the 93,500 - 95,000 mark before reaching a new ATH in the first quarter of this year.
During a bull run, it is always when people get liquidated the most.
Therefore, be cautious with your long/short positions, and set your TP/SL appropriately.
Wishing everyone a productive day. 23 days until the New Year!!!!
Currently, the entire market is in an excited state along with the release of DOm, which is causing most altcoins to experience a strong upward movement.
However, short-term data indicates a slight correction signal. This week, it is highly likely that BTC will correct to around the 93,500 - 95,000 mark before reaching a new ATH in the first quarter of this year.
During a bull run, it is always when people get liquidated the most.
Therefore, be cautious with your long/short positions, and set your TP/SL appropriately.
Wishing everyone a productive day. 23 days until the New Year!!!!
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Everyone, please continue to hold this line. It's the end of the year, safety first.
Tín hiệu future số 1
Long $PEPE
Entry: 0.01820
Dca: 0.0173
Sl 0.0166
Vol tối đa 10% tài khoản
Long $PEPE
Entry: 0.01820
Dca: 0.0173
Sl 0.0166
Vol tối đa 10% tài khoản
See original
BNB surpassed the peak and retested as predicted. Have you all secured your positions?
Additionally, the continuous liquidity provision recently, along with the New Year event. Remember, in 2024 BNB will rise from 220$ to $720 by November. So how will the main uptrend wave in 2025 look? BNB will soon reach the milestone of 1,000$ .
Let's see!!!
Additionally, the continuous liquidity provision recently, along with the New Year event. Remember, in 2024 BNB will rise from 220$ to $720 by November. So how will the main uptrend wave in 2025 look? BNB will soon reach the milestone of 1,000$ .
Let's see!!!
$BNB OFFICIALLY BREAKING THROUGH, WILL BNB REACH THE $1,000 MARK IN THIS UPTREND SEASON?
BNB is the token of the Binance exchange, regarded as a sustainable and less volatile asset. Its stability has led me to include BNB in my list of three tokens to hold long-term alongside ETH and BTC.
A few days ago, I also wrote about the possibility of BNB breaking its peak in the near future. And today, BNB has achieved that and opened up a new horizon for this token. For now, BNB no longer faces any technical resistance. Currently, there will only be psychological barriers hindering BNB's progress.
For BNB holders, they have already considered changing houses and cars for the upcoming Tet holiday. How much do you think the new peak of BNB will be — $1,000 - $1,400 - $2,000? Don't forget to leave your thoughts for me to know!
BNB is the token of the Binance exchange, regarded as a sustainable and less volatile asset. Its stability has led me to include BNB in my list of three tokens to hold long-term alongside ETH and BTC.
A few days ago, I also wrote about the possibility of BNB breaking its peak in the near future. And today, BNB has achieved that and opened up a new horizon for this token. For now, BNB no longer faces any technical resistance. Currently, there will only be psychological barriers hindering BNB's progress.
For BNB holders, they have already considered changing houses and cars for the upcoming Tet holiday. How much do you think the new peak of BNB will be — $1,000 - $1,400 - $2,000? Don't forget to leave your thoughts for me to know!
See original
Signal future number 2
Long Pyth now 0.383
DCA 0.385
SL 0.374
Max Vol 5% capital
Long Pyth now 0.383
DCA 0.385
SL 0.374
Max Vol 5% capital
See original
The swing signal means everyone should just let it run and enjoy the end of the year. Hope this journey can help everyone have a joyful Lunar New Year.
Tín hiệu future số 1
Long $PEPE
Entry: 0.01820
Dca: 0.0173
Sl 0.0166
Vol tối đa 10% tài khoản
Long $PEPE
Entry: 0.01820
Dca: 0.0173
Sl 0.0166
Vol tối đa 10% tài khoản
See original
THE MARKET ALWAYS OPERATES ACCORDING TO ITS PRINCIPLES, DON'T TRY TO FIGHT AGAINST IT
When the market is in a bullish state, FOMO occurs in 80% of investors who forget their own identity. And the market is always like that; the rekt moments that shake off the inexperienced are a constant repetition.
Here, once again, Temon has warned you not to FOMO at the peak, and a correction phase near 10,000 occurred just a few days later.
Currently, a short-term rebound is happening across the market; you can notice the strong tokens to monitor and plan your trading in the upcoming period.
As for myself, I will wait for a retest to have a safer position. I do not try to catch the top or the bottom. Confirmed buy/sell signals will be safer for me. Uptrends are the time of most liquidations in the market, so patience is key.
Wait for the prey to appear and adjust your position accordingly. GOOD LUCK!!!
When the market is in a bullish state, FOMO occurs in 80% of investors who forget their own identity. And the market is always like that; the rekt moments that shake off the inexperienced are a constant repetition.
Here, once again, Temon has warned you not to FOMO at the peak, and a correction phase near 10,000 occurred just a few days later.
Currently, a short-term rebound is happening across the market; you can notice the strong tokens to monitor and plan your trading in the upcoming period.
As for myself, I will wait for a retest to have a safer position. I do not try to catch the top or the bottom. Confirmed buy/sell signals will be safer for me. Uptrends are the time of most liquidations in the market, so patience is key.
Wait for the prey to appear and adjust your position accordingly. GOOD LUCK!!!
FAST UPDATE VIEW $BTC SHORT TERM
The market is currently experiencing quite uncomfortable movements around the newly created peak today, leading to continuous long/short sweeps across the market.
On larger time frames from H4 and above, there is evidence of ongoing growth in the near future; however, on H1 and lower time frames, there are already signs of divergence indicating a short-term correction. Additionally, investors frequently take profits at the end of the year, so there is a high likelihood of a market-wide rekt.
The advice for investors currently is to keep a portion of their funds and buy altcoins when they return to support areas.
Be careful and protect your wallet. Opportunities always arise when the market moves. Wishing you successful trading.
The market is currently experiencing quite uncomfortable movements around the newly created peak today, leading to continuous long/short sweeps across the market.
On larger time frames from H4 and above, there is evidence of ongoing growth in the near future; however, on H1 and lower time frames, there are already signs of divergence indicating a short-term correction. Additionally, investors frequently take profits at the end of the year, so there is a high likelihood of a market-wide rekt.
The advice for investors currently is to keep a portion of their funds and buy altcoins when they return to support areas.
Be careful and protect your wallet. Opportunities always arise when the market moves. Wishing you successful trading.
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Analysis of the ONDO chart in the 4H timeframe
Main trend
In the 4H timeframe, ONDO has been in a strong upward trend since mid-October. The price has formed a noticeable upward wave and peaked near the $1.69 area before a correction occurred.
Resistance and support levels
Near resistance: $1.70. This is the closest peak that ONDO reached before being sold down. Breaking through this level will confirm the continuation of the upward momentum. Important support: $1.40. This is the price region that ONDO accumulated before a strong breakout. If the price returns here, it will act as strong support.
RSI analysis
The RSI is currently at 58.53, above the 52.45 line but not too high. This indicates that the upward momentum is still present but is gradually weakening. If the RSI falls below 50, selling pressure could increase, leading to a deeper correction.
Trading volume
Trading volume surged during the previous breakout, showing significant capital inflow into ONDO. However, in the current phase, trading volume shows signs of decline, indicating that the market is cautious.
Signs of price correction
Currently, ONDO is forming a strong bearish candle with a decrease of -3.15%, indicating that selling pressure is temporarily dominating. If the price cannot hold the $1.60 area, ONDO may correct to the $1.40-$1.50 area.
Conclusion
Short-term trend: Downward correction after a strong increase. Trading strategy: Investors should wait to buy around the support area of $1.40-$1.50 if there are signs of a rebound, or wait for the price to break through $1.70 to confirm the continuation of the upward trend. Risk: If the price breaks below $1.40, the possibility of a deeper correction is very high.
Main trend
In the 4H timeframe, ONDO has been in a strong upward trend since mid-October. The price has formed a noticeable upward wave and peaked near the $1.69 area before a correction occurred.
Resistance and support levels
Near resistance: $1.70. This is the closest peak that ONDO reached before being sold down. Breaking through this level will confirm the continuation of the upward momentum. Important support: $1.40. This is the price region that ONDO accumulated before a strong breakout. If the price returns here, it will act as strong support.
RSI analysis
The RSI is currently at 58.53, above the 52.45 line but not too high. This indicates that the upward momentum is still present but is gradually weakening. If the RSI falls below 50, selling pressure could increase, leading to a deeper correction.
Trading volume
Trading volume surged during the previous breakout, showing significant capital inflow into ONDO. However, in the current phase, trading volume shows signs of decline, indicating that the market is cautious.
Signs of price correction
Currently, ONDO is forming a strong bearish candle with a decrease of -3.15%, indicating that selling pressure is temporarily dominating. If the price cannot hold the $1.60 area, ONDO may correct to the $1.40-$1.50 area.
Conclusion
Short-term trend: Downward correction after a strong increase. Trading strategy: Investors should wait to buy around the support area of $1.40-$1.50 if there are signs of a rebound, or wait for the price to break through $1.70 to confirm the continuation of the upward trend. Risk: If the price breaks below $1.40, the possibility of a deeper correction is very high.
See original
FAST UPDATE VIEW $BTC SHORT TERM
The market is currently experiencing quite uncomfortable movements around the newly created peak today, leading to continuous long/short sweeps across the market.
On larger time frames from H4 and above, there is evidence of ongoing growth in the near future; however, on H1 and lower time frames, there are already signs of divergence indicating a short-term correction. Additionally, investors frequently take profits at the end of the year, so there is a high likelihood of a market-wide rekt.
The advice for investors currently is to keep a portion of their funds and buy altcoins when they return to support areas.
Be careful and protect your wallet. Opportunities always arise when the market moves. Wishing you successful trading.
The market is currently experiencing quite uncomfortable movements around the newly created peak today, leading to continuous long/short sweeps across the market.
On larger time frames from H4 and above, there is evidence of ongoing growth in the near future; however, on H1 and lower time frames, there are already signs of divergence indicating a short-term correction. Additionally, investors frequently take profits at the end of the year, so there is a high likelihood of a market-wide rekt.
The advice for investors currently is to keep a portion of their funds and buy altcoins when they return to support areas.
Be careful and protect your wallet. Opportunities always arise when the market moves. Wishing you successful trading.
See original
Chart analysis $DOGE frame 4H
1. Recent price trend
DOGE had a strong increase in November, peaking at around 0.45 USDT. Currently, the price is adjusting to the range of 0.39 - 0.40 USDT and showing signs of accumulation.
2. Important support and resistance
Key support: 0.385 - 0.39 USDT. This is the price range where DOGE is reacting and maintaining buying pressure.
Short-term resistance: 0.40 - 0.42 USDT. This is the price area that needs to be surpassed to regain upward momentum.
Strong resistance: 0.45 USDT (previous peak in November).
3. RSI indicator
The RSI indicator is currently at 42.80, indicating that the market is in a neutral state but trending towards the oversold area. If the RSI moves above 50, buying pressure may increase and push the price back to an upward trend.
4. Technical analysis
DOGE is currently in an accumulation phase after a strong correction from the peak of 0.45 USDT. If the price can maintain above the support area of 0.39 USDT, there is a possibility that DOGE could bounce back and retest the resistance area of 0.42 - 0.45 USDT. Conversely, if the price breaks below 0.385 USDT, the downward trend may continue to the next support level at 0.35 USDT.
5. Reference strategy
Buy: Around the range of 0.385 - 0.39 USDT if there are strong support signals.
Take profit: At 0.42 USDT and the strong resistance area of 0.45 USDT.
Stop loss: If the price drops below 0.385 USDT.
💥Conclusion
DOGE is at a critical stage with strong support around 0.39 USDT. This is a good opportunity to observe and wait for bullish signals before deciding to trade.
1. Recent price trend
DOGE had a strong increase in November, peaking at around 0.45 USDT. Currently, the price is adjusting to the range of 0.39 - 0.40 USDT and showing signs of accumulation.
2. Important support and resistance
Key support: 0.385 - 0.39 USDT. This is the price range where DOGE is reacting and maintaining buying pressure.
Short-term resistance: 0.40 - 0.42 USDT. This is the price area that needs to be surpassed to regain upward momentum.
Strong resistance: 0.45 USDT (previous peak in November).
3. RSI indicator
The RSI indicator is currently at 42.80, indicating that the market is in a neutral state but trending towards the oversold area. If the RSI moves above 50, buying pressure may increase and push the price back to an upward trend.
4. Technical analysis
DOGE is currently in an accumulation phase after a strong correction from the peak of 0.45 USDT. If the price can maintain above the support area of 0.39 USDT, there is a possibility that DOGE could bounce back and retest the resistance area of 0.42 - 0.45 USDT. Conversely, if the price breaks below 0.385 USDT, the downward trend may continue to the next support level at 0.35 USDT.
5. Reference strategy
Buy: Around the range of 0.385 - 0.39 USDT if there are strong support signals.
Take profit: At 0.42 USDT and the strong resistance area of 0.45 USDT.
Stop loss: If the price drops below 0.385 USDT.
💥Conclusion
DOGE is at a critical stage with strong support around 0.39 USDT. This is a good opportunity to observe and wait for bullish signals before deciding to trade.
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Analysis of $WIF IF on the 4H frame
1. Recent price trend:
The price of WIF has experienced a strong increase in November, with the highest peak reaching 3.994 USDT before correcting to the support area. The next important price level is 3.233 USDT, where the price reacted strongly during the recent decline.
2. Support and resistance:
Main resistance: 3.994 USDT (previous peak in November). Important support: 2.6 - 2.7 USDT, where the price is fluctuating and showing signs of recovery.
3. RSI indicator:
The RSI indicator is currently at around 39, indicating that the price has entered the near oversold zone. This could be a potential signal for a slight recovery.
4. Short-term prediction:
If the price holds the support level at 2.6 USDT, the likelihood of recovering back to the range of 3.2 - 3.5 USDT is quite high. Conversely, if it breaks through the support at 2.6 USDT, the price may fall to the next strong support level at 2.0 - 2.2 USDT.
💰Reference strategy:
Buy around the 2.6 - 2.7 USDT range if the price holds the support.
Sell to take profit at the levels of 3.2 USDT and 3.5 USDT.
Cut losses if the price clearly breaks below 2.6 USDT.
1. Recent price trend:
The price of WIF has experienced a strong increase in November, with the highest peak reaching 3.994 USDT before correcting to the support area. The next important price level is 3.233 USDT, where the price reacted strongly during the recent decline.
2. Support and resistance:
Main resistance: 3.994 USDT (previous peak in November). Important support: 2.6 - 2.7 USDT, where the price is fluctuating and showing signs of recovery.
3. RSI indicator:
The RSI indicator is currently at around 39, indicating that the price has entered the near oversold zone. This could be a potential signal for a slight recovery.
4. Short-term prediction:
If the price holds the support level at 2.6 USDT, the likelihood of recovering back to the range of 3.2 - 3.5 USDT is quite high. Conversely, if it breaks through the support at 2.6 USDT, the price may fall to the next strong support level at 2.0 - 2.2 USDT.
💰Reference strategy:
Buy around the 2.6 - 2.7 USDT range if the price holds the support.
Sell to take profit at the levels of 3.2 USDT and 3.5 USDT.
Cut losses if the price clearly breaks below 2.6 USDT.
See original
Analysis of chart $FLOKI on the 4H frame and trading plan
⭐Technical Analysis:
Overall trend:
FLOKI is currently fluctuating within a narrow range after strong movements at the end of November and the beginning of December. The current dominant trend is sideways, with unclear highs and lows, indicating that market sentiment is hesitant.
⭐Technical Indicators:
RSI: The current RSI is at 52, which is neutral, showing no signs of overbought or oversold. This indicates that buying/selling pressure is balanced, consistent with an accumulation state.
EMA or MA lines: These lines are converging closely, indicating that the price is in a non-strong trend area. If the price clearly breaks above these lines, a bullish signal may be confirmed.
⭐Important Support and Resistance:
Resistance: The nearest resistance level is 0.002480.
Stronger resistance is located in the range of 0.0026-0.0027. Support: The nearest support is at 0.0023.
Stronger support is in the range of 0.00215.
⭐Trading Plan:
Scenario 1: Price breaks through resistance at 0.00248.
Condition: Price exceeds the resistance level of 0.00248 with a sudden increase in trading volume.
Strategy: Buy in the range of 0.00248 - 0.0025.
Target 1: 0.0026.
Target 2: 0.0027.
Stop loss at 0.00238 to minimize risk.
Scenario 2: Price adjusts to support at 0.000023.
Condition: Price drops to a strong support area and shows signs of bouncing back.
Strategy: Buy in the range of 0.0023 - 0.00232.
Target 1: 0.00245.
Target 2: 0.0026.
Stop loss at 0.00225 if the price continues to decline.
Note when trading:
FLOKI is a project belonging to the meme coin group, easily influenced by media news and community behavior.
⭐Technical Analysis:
Overall trend:
FLOKI is currently fluctuating within a narrow range after strong movements at the end of November and the beginning of December. The current dominant trend is sideways, with unclear highs and lows, indicating that market sentiment is hesitant.
⭐Technical Indicators:
RSI: The current RSI is at 52, which is neutral, showing no signs of overbought or oversold. This indicates that buying/selling pressure is balanced, consistent with an accumulation state.
EMA or MA lines: These lines are converging closely, indicating that the price is in a non-strong trend area. If the price clearly breaks above these lines, a bullish signal may be confirmed.
⭐Important Support and Resistance:
Resistance: The nearest resistance level is 0.002480.
Stronger resistance is located in the range of 0.0026-0.0027. Support: The nearest support is at 0.0023.
Stronger support is in the range of 0.00215.
⭐Trading Plan:
Scenario 1: Price breaks through resistance at 0.00248.
Condition: Price exceeds the resistance level of 0.00248 with a sudden increase in trading volume.
Strategy: Buy in the range of 0.00248 - 0.0025.
Target 1: 0.0026.
Target 2: 0.0027.
Stop loss at 0.00238 to minimize risk.
Scenario 2: Price adjusts to support at 0.000023.
Condition: Price drops to a strong support area and shows signs of bouncing back.
Strategy: Buy in the range of 0.0023 - 0.00232.
Target 1: 0.00245.
Target 2: 0.0026.
Stop loss at 0.00225 if the price continues to decline.
Note when trading:
FLOKI is a project belonging to the meme coin group, easily influenced by media news and community behavior.
See original
🌞Technical Analysis $LINK
🔥Overall Trend:
The price is in a medium-term uptrend, reflected by higher highs and higher lows. Currently, the price is fluctuating around a strong resistance area near 28.3 after breaking through the 24 level.
🔥Technical Indicators:
RSI: The RSI is currently around 61.45, indicating an overbought region but no strong reversal signals yet. Pay attention if the RSI drops below 50, as the likelihood of a correction will increase.
EMA or MA Lines: These lines are positioned below the price, indicating that the uptrend remains dominant. The distance between the EMA/MA lines and the price may signal a potential short-term correction.
🔥Important Support and Resistance:
Resistance: The 28.3 - 28.5 area is a crucial price level that needs to be surpassed to continue the uptrend. Support: The 24 - 25 area is strong support if the price corrects. The nearest support is around 26.5.
💰Trading Plan:
⭐Scenario 1: Breakthrough Resistance 28.5
Condition: Price surpasses the 28.5 resistance level with high trading volume.
Strategy: Buy at the price range of 28.5 - 29,
targets at: Target 1: 31.
Target 2: 35.
Stop Loss: 27.5.
⭐Scenario 2: Price Corrects to Support
Condition: Price fails to exceed the 28.5 area and drops to support.
Strategy: Wait to buy at the 26.5 - 27 range.
Target 1: 28.5.
Target 2: 30 if the price continues to rise.
Stop Loss: Set stop-loss at 25.8 USDT.
⭐Scenario 3: Reversal Trend
Condition: Price breaks through the important support of 24 USDT.
Strategy: Switch to Short when the price breaks the support with high volume.
Target 1: 22.
Target 2: 20.
Stop Loss: Set stop-loss above 25.
🔥Overall Trend:
The price is in a medium-term uptrend, reflected by higher highs and higher lows. Currently, the price is fluctuating around a strong resistance area near 28.3 after breaking through the 24 level.
🔥Technical Indicators:
RSI: The RSI is currently around 61.45, indicating an overbought region but no strong reversal signals yet. Pay attention if the RSI drops below 50, as the likelihood of a correction will increase.
EMA or MA Lines: These lines are positioned below the price, indicating that the uptrend remains dominant. The distance between the EMA/MA lines and the price may signal a potential short-term correction.
🔥Important Support and Resistance:
Resistance: The 28.3 - 28.5 area is a crucial price level that needs to be surpassed to continue the uptrend. Support: The 24 - 25 area is strong support if the price corrects. The nearest support is around 26.5.
💰Trading Plan:
⭐Scenario 1: Breakthrough Resistance 28.5
Condition: Price surpasses the 28.5 resistance level with high trading volume.
Strategy: Buy at the price range of 28.5 - 29,
targets at: Target 1: 31.
Target 2: 35.
Stop Loss: 27.5.
⭐Scenario 2: Price Corrects to Support
Condition: Price fails to exceed the 28.5 area and drops to support.
Strategy: Wait to buy at the 26.5 - 27 range.
Target 1: 28.5.
Target 2: 30 if the price continues to rise.
Stop Loss: Set stop-loss at 25.8 USDT.
⭐Scenario 3: Reversal Trend
Condition: Price breaks through the important support of 24 USDT.
Strategy: Switch to Short when the price breaks the support with high volume.
Target 1: 22.
Target 2: 20.
Stop Loss: Set stop-loss above 25.
See original
The spot signal $AAVE has officially reached its full target since the call.
In a bull run season, finding tokens that double or triple is quite easy.
You should not be led by KOLs when achieving 20-30% is considered success. That strategy is only suitable during a downtrend. At this point, you should not waste time on such opportunities.
An uptrend occurs once every 4 years, so take advantage of it to change your position. Even though I've reached my full target, I believe in the potential of this asset, so I will continue to hold a portion aiming for higher targets. Wishing you successful trading.
In a bull run season, finding tokens that double or triple is quite easy.
You should not be led by KOLs when achieving 20-30% is considered success. That strategy is only suitable during a downtrend. At this point, you should not waste time on such opportunities.
An uptrend occurs once every 4 years, so take advantage of it to change your position. Even though I've reached my full target, I believe in the potential of this asset, so I will continue to hold a portion aiming for higher targets. Wishing you successful trading.
RECOMMENDED SPOT: AAVE
AAVE is quite strong in the recent increase, this correction is quite suitable for collecting goods, can trade 30 - 50% or hold until uptrend.
Recommended ENTRY: 75 - 90 - 100 -115
TP: 30% - 50% - x2 - x3
DO NOT ALLIN, DIVIDE THE VOL ACCORDING TO THE GIVEN MARKS.
GOODLUCK
AAVE is quite strong in the recent increase, this correction is quite suitable for collecting goods, can trade 30 - 50% or hold until uptrend.
Recommended ENTRY: 75 - 90 - 100 -115
TP: 30% - 50% - x2 - x3
DO NOT ALLIN, DIVIDE THE VOL ACCORDING TO THE GIVEN MARKS.
GOODLUCK
See original
💰Technical Analysis $SUI (H4)💰
🔥Price Action:
SUI has experienced a strong increase of nearly 10%, surpassing the important resistance level at 3.9980. This is a very positive signal, indicating strong bullish momentum. The current price of 4.7992 has broken through the old resistance area, opening up the potential to reach higher levels.
🔥Trading Volume:
Based on the sudden price increase, it is highly likely that trading volume has also surged, reflecting significant interest from the market.
🔥RSI Indicator:
The RSI is currently at 73.7, exceeding the overbought zone. This indicates a substantial buying force, but also warns of a potential short-term correction as the buying pressure temporarily weakens.
Important Support and Resistance Levels:
Nearest Support: 3.9980.
Next Support: 3.5156.
Important Resistance: 5.
Trading Plan
Long Strategy:
Entry Point: If the price successfully retests the support at 3.998, this is a safe entry point to capitalize on the price rebound.
Take Profit: Around 5 - 5.2, as this is a potential resistance area.
Stop Loss: Below the support level at 3.85.
Short Strategy:
If RSI continues to remain in the overbought zone (above 70) and shows signs of a bearish divergence, consider opening a Short position at the resistance level of 5.
Take Profit: Around the level of 4.
Stop Loss: Above 5.2.
💥Risk Management:
Only risk a maximum of 1-2% of the account for each trade. Monitor price behavior around support/resistance areas to adjust the plan flexibly.
💥Note:
The cryptocurrency market is often highly volatile, so pay attention to external factors such as news and major events related to the Sui (SUI) project or the overall market. If you are trading with leverage, consider the risk level appropriate to your risk tolerance.
🔥Price Action:
SUI has experienced a strong increase of nearly 10%, surpassing the important resistance level at 3.9980. This is a very positive signal, indicating strong bullish momentum. The current price of 4.7992 has broken through the old resistance area, opening up the potential to reach higher levels.
🔥Trading Volume:
Based on the sudden price increase, it is highly likely that trading volume has also surged, reflecting significant interest from the market.
🔥RSI Indicator:
The RSI is currently at 73.7, exceeding the overbought zone. This indicates a substantial buying force, but also warns of a potential short-term correction as the buying pressure temporarily weakens.
Important Support and Resistance Levels:
Nearest Support: 3.9980.
Next Support: 3.5156.
Important Resistance: 5.
Trading Plan
Long Strategy:
Entry Point: If the price successfully retests the support at 3.998, this is a safe entry point to capitalize on the price rebound.
Take Profit: Around 5 - 5.2, as this is a potential resistance area.
Stop Loss: Below the support level at 3.85.
Short Strategy:
If RSI continues to remain in the overbought zone (above 70) and shows signs of a bearish divergence, consider opening a Short position at the resistance level of 5.
Take Profit: Around the level of 4.
Stop Loss: Above 5.2.
💥Risk Management:
Only risk a maximum of 1-2% of the account for each trade. Monitor price behavior around support/resistance areas to adjust the plan flexibly.
💥Note:
The cryptocurrency market is often highly volatile, so pay attention to external factors such as news and major events related to the Sui (SUI) project or the overall market. If you are trading with leverage, consider the risk level appropriate to your risk tolerance.
See original
Technical Analysis $BTC
🔥Overall Trend:
On the H4 timeframe, BTC is in a slight sideways phase after creating a local peak near the 100,000 area and showing signs of slight adjustment.
Current Price: 97,302, down 0.43% from the previous period.
🔥Technical Indicators:
RSI: Currently, the RSI is at an average level (around 44 - 51), indicating that the market is neither overbought nor oversold, and is in a neutral zone.
Moving Average (MA): There are signs of a crossover between the fast and slow MA lines, signaling a potential price decline in the short term.
Trading Volume: Unclear from the chart, but if the volume decreases, the adjustment may last longer.
🔥Support and Resistance:
Nearest Support: The 96,500 - 96,300 area, where the price has reacted well in previous sessions.
Strong Resistance: The 98,000 - 100,000 area, where the price has been rejected multiple times.
💰Trading Plan
1. Buy Scenario (long):
Entry Point: Strong support area 96,300 - 96,500.
TP: Around the resistance area 98,000 - 100,000.
SL: Below the 96,000 area, as if it breaks, the price may go deeper.
2. Sell Scenario (short):
Entry Point: When the price tests the resistance area 98,000 - 100,000 USDT and shows a reversal signal (such as a Doji candle or a large red candle).
TP: Support area 96,300.
Cut Loss SL: Above 100,200, as if it exceeds, the price may continue to break the peak.
3. Wait Scenario:
If the price has an unclear trend and continues to sideways in the 96,300 - 100,000 area, it is preferable to wait for additional signals from the RSI or candlestick patterns before participating.
Note:
Keep an eye on macroeconomic news, especially the Fed's interest rate decision (if it is approaching) as BTC tends to be sensitive to fluctuations from the USD. Manage risk well, only use a maximum of 1-2% of capital for each trade.
🔥Overall Trend:
On the H4 timeframe, BTC is in a slight sideways phase after creating a local peak near the 100,000 area and showing signs of slight adjustment.
Current Price: 97,302, down 0.43% from the previous period.
🔥Technical Indicators:
RSI: Currently, the RSI is at an average level (around 44 - 51), indicating that the market is neither overbought nor oversold, and is in a neutral zone.
Moving Average (MA): There are signs of a crossover between the fast and slow MA lines, signaling a potential price decline in the short term.
Trading Volume: Unclear from the chart, but if the volume decreases, the adjustment may last longer.
🔥Support and Resistance:
Nearest Support: The 96,500 - 96,300 area, where the price has reacted well in previous sessions.
Strong Resistance: The 98,000 - 100,000 area, where the price has been rejected multiple times.
💰Trading Plan
1. Buy Scenario (long):
Entry Point: Strong support area 96,300 - 96,500.
TP: Around the resistance area 98,000 - 100,000.
SL: Below the 96,000 area, as if it breaks, the price may go deeper.
2. Sell Scenario (short):
Entry Point: When the price tests the resistance area 98,000 - 100,000 USDT and shows a reversal signal (such as a Doji candle or a large red candle).
TP: Support area 96,300.
Cut Loss SL: Above 100,200, as if it exceeds, the price may continue to break the peak.
3. Wait Scenario:
If the price has an unclear trend and continues to sideways in the 96,300 - 100,000 area, it is preferable to wait for additional signals from the RSI or candlestick patterns before participating.
Note:
Keep an eye on macroeconomic news, especially the Fed's interest rate decision (if it is approaching) as BTC tends to be sensitive to fluctuations from the USD. Manage risk well, only use a maximum of 1-2% of capital for each trade.
See original
More than 574K traders were liquidated with a total value of 1.73B$
The specialty of an uptrend season when increasing leverage and margin positions is the 3-50% flash dumps that reset all positions
The day before, $BTC adjusted by 13k in price but altcoins remained strong, giving the feeling that people still trusted altcoins
But now $BTC just needs to swap and absorb all the altcoin capital, resulting in a flash dump that catches investors off guard.
However, this has not greatly affected MGS trading as it warned about the rekt around the 95,000 area with 2 short positions making up to 40% on spot.
Is your account doing okay?
The specialty of an uptrend season when increasing leverage and margin positions is the 3-50% flash dumps that reset all positions
The day before, $BTC adjusted by 13k in price but altcoins remained strong, giving the feeling that people still trusted altcoins
But now $BTC just needs to swap and absorb all the altcoin capital, resulting in a flash dump that catches investors off guard.
However, this has not greatly affected MGS trading as it warned about the rekt around the 95,000 area with 2 short positions making up to 40% on spot.
Is your account doing okay?
See original
Analysis of NEIROETH Chart - H4 Frame
🔥Overview of the trend:
On the 1D frame, the price is in a sideways state after a sharp decline from the peak. Currently, the price range from 0.07 - 0.09 may serve as short-term support and resistance. The trading volume shows no signs of a spike, indicating that there is no significant capital entering the market.
🔥RSI and technical indicators:
RSI (14) is fluctuating around the neutral level (approximately 47-53), showing no signs of overbought or oversold. On the H4 frame, it is necessary to check for any RSI divergence.
MACD Line: On the 1D chart, the MACD and Signal lines are moving closely together. If a bullish crossover occurs on H4, this could be a short-term bullish signal.
🔥Price structure:
Strong support zone: 0.07 USDT. This is the area to watch if the price drops significantly. The nearest resistance zone: 0.09 USDT, the price needs to break and maintain above this zone to confirm a return to an uptrend.
🔥Trading plan
💰Buy (Long) Plan:
Entry point: If the price remains above 0.08 USDT (support) and the RSI H4 exceeds 50, consider opening a buy position.
Take profit (TP) point: Target 1: 0.09. Target 2: 0.11 USDT.
Stop loss (SL) point: Below 0.075 USDT.
💰Sell (Short) Plan:
Entry point: If the price drops sharply and breaks the 0.08 USDT support, consider opening a sell position.
Take profit (TP) point: Target 1: 0.075. Target 2: 0.07.
Stop loss (SL) point: Above 0.085 USDT.
💥Capital management note:
Do not use more than 2-5% of capital on each trade. Monitor trading volume and news related to the NEIROETH coin.
🔥Overview of the trend:
On the 1D frame, the price is in a sideways state after a sharp decline from the peak. Currently, the price range from 0.07 - 0.09 may serve as short-term support and resistance. The trading volume shows no signs of a spike, indicating that there is no significant capital entering the market.
🔥RSI and technical indicators:
RSI (14) is fluctuating around the neutral level (approximately 47-53), showing no signs of overbought or oversold. On the H4 frame, it is necessary to check for any RSI divergence.
MACD Line: On the 1D chart, the MACD and Signal lines are moving closely together. If a bullish crossover occurs on H4, this could be a short-term bullish signal.
🔥Price structure:
Strong support zone: 0.07 USDT. This is the area to watch if the price drops significantly. The nearest resistance zone: 0.09 USDT, the price needs to break and maintain above this zone to confirm a return to an uptrend.
🔥Trading plan
💰Buy (Long) Plan:
Entry point: If the price remains above 0.08 USDT (support) and the RSI H4 exceeds 50, consider opening a buy position.
Take profit (TP) point: Target 1: 0.09. Target 2: 0.11 USDT.
Stop loss (SL) point: Below 0.075 USDT.
💰Sell (Short) Plan:
Entry point: If the price drops sharply and breaks the 0.08 USDT support, consider opening a sell position.
Take profit (TP) point: Target 1: 0.075. Target 2: 0.07.
Stop loss (SL) point: Above 0.085 USDT.
💥Capital management note:
Do not use more than 2-5% of capital on each trade. Monitor trading volume and news related to the NEIROETH coin.
See original
$ETH ETH reaches the milestone of $4,000, the queen awakens
Temon has always reminded everyone about ETH's return in a short period. After watching all the other groups create new ATHs, ETH and its L2 counterparts have had a rise that is not convincing enough.
Today, ETH has officially surpassed the $4,000 mark. As BTC, SOL, and even memecoins return to their previous peaks or even reach ATHs, perhaps the last month of December will belong to the queen and her companions.
What do you think the peak for ETH in December will be? Please leave your opinion below.
Temon has always reminded everyone about ETH's return in a short period. After watching all the other groups create new ATHs, ETH and its L2 counterparts have had a rise that is not convincing enough.
Today, ETH has officially surpassed the $4,000 mark. As BTC, SOL, and even memecoins return to their previous peaks or even reach ATHs, perhaps the last month of December will belong to the queen and her companions.
What do you think the peak for ETH in December will be? Please leave your opinion below.
See original
Analysis of chart $DOGS timeframe H4
🔥DOGS is currently in a medium-term uptrend, indicated by higher lows and higher highs. The nearest resistance area is $0.0008343, and the strong support area is around $0.0007217.
🔥RSI Indicator:
The RSI is at 69.39, approaching the overbought zone. This may signal a potential short-term correction before continuing the uptrend. However, the RSI line remains above 50, indicating that bullish momentum is still strong.
🔥Moving Averages (MA):
The MA lines are crossing upwards, supporting the uptrend. This is often a signal for continued price increases.
🔥Trading Volume:
Based on price action, recent trading volume has increased at the resistance area, indicating that buying pressure remains dominant.
⭐Trading Plan
1. Trade with the uptrend:
Entry: If the price corrects to the support area $0.0007217 - $0.0007506, this is a reasonable area to consider entering.
SL: Set the stop-loss at $0.0007, below the important support area to protect capital.
TP: Set a short-term target at $0.00085 - $0.00088, corresponding to the next resistance areas.
2. Breakout strategy:
ET: If the price strongly breaks through the resistance area $0.0008343 with high trading volume, consider buying with the trend.
SL: Set at $0.00082, to avoid risk if the price reverses downwards.
Target: Aim for the price range 0.0009 - 0.00095, consistent with the long-term uptrend.
3. Risk management notes:
Only use 3-5% of capital for each trade to minimize risk.
💥Conclusion
DOGS is in an uptrend, but caution is needed with short-term correction signals as the price approaches the resistance area.
🔥DOGS is currently in a medium-term uptrend, indicated by higher lows and higher highs. The nearest resistance area is $0.0008343, and the strong support area is around $0.0007217.
🔥RSI Indicator:
The RSI is at 69.39, approaching the overbought zone. This may signal a potential short-term correction before continuing the uptrend. However, the RSI line remains above 50, indicating that bullish momentum is still strong.
🔥Moving Averages (MA):
The MA lines are crossing upwards, supporting the uptrend. This is often a signal for continued price increases.
🔥Trading Volume:
Based on price action, recent trading volume has increased at the resistance area, indicating that buying pressure remains dominant.
⭐Trading Plan
1. Trade with the uptrend:
Entry: If the price corrects to the support area $0.0007217 - $0.0007506, this is a reasonable area to consider entering.
SL: Set the stop-loss at $0.0007, below the important support area to protect capital.
TP: Set a short-term target at $0.00085 - $0.00088, corresponding to the next resistance areas.
2. Breakout strategy:
ET: If the price strongly breaks through the resistance area $0.0008343 with high trading volume, consider buying with the trend.
SL: Set at $0.00082, to avoid risk if the price reverses downwards.
Target: Aim for the price range 0.0009 - 0.00095, consistent with the long-term uptrend.
3. Risk management notes:
Only use 3-5% of capital for each trade to minimize risk.
💥Conclusion
DOGS is in an uptrend, but caution is needed with short-term correction signals as the price approaches the resistance area.