$XTZ
Chart: H1

Current Market Situation: Consolidation

Potential Market Trend: Unknown

Expectation: Re-entry of a buy order way below the current market price within the zone of the previous entry point.

TECHNICAL ANALYSIS

1. Chart Patterns: M-and-W Patterns, Support-and-Resistance
2. Moving Averages: EMA with a period of 10 set to close.

Conclusion:

Bullish sentiment has lost momentum resulting in market consolidation.

Mixed reaction occurs due to disparities between views on the daily and on the H1 charts.

Although the daily still points to a potential buy (in the long run) as price still remains within its PRZ (potential reversal zone), the hourly indicates that the buyers are losing steam and their authority is being challenged.

Recommendation:

Because price is consolidating and no one who loves his or her money should PREDICT if the market will break the consolidation above or below, the most ideal thing is to wait for the market to decide and watch out for any of these scenarios before buying:

1. A potential re-entry of a buy below the current price within the zone where price first closed above the EMA on the H1 and within the PRZ (Further analysis still required before the actual decision. Just know that it’s a potential re-entry point).

2. Enter a buy order as soon price breaks above the consolidation and then retest the resistance (break and retest)

Warning:

For those trading on leverage, don’t assume a straight sell because I said buy when the price falls and so you expect the price to fall. DO NOT PREDICT THE MARKET.

Should break further below scenario 1, do further analysis to ensure that even if you place your sell order, it will sell for and not just temporarily.

#MicroStrategy #CPIAlert #CryptoTradingGuide #BinanceTournament #XTZUSDT🚀

WATCH OUT FOR $XTZ
Current Market Trend: Bearish
Potential Market Trend: Bullish

TECHNICAL ANALYSIS

Chart Patterns: M-and-W Patterns, Support-and-Resistance

Conclusion:

Bearish sentiment remains strong although price has a capacity to reverse.

Recommendation:

If I must take a contrarian entry to buy, I must wait for further confirmations from other trend-based and momentum-based indicators.

#XTZUSDT🚀 #XTZ❤

Kindly support for more detailed and in-depth analysis.

For personal analysis, fell free to hit me up.

$NOT
Chart: D1

Since listing, $NOT has kept investors asking ‘should I sell what I have or invest more?’ prompting a need for to examine its dynamics.

Current Market Trend: Bearish
Future Outlook: Bearish

TECHNICAL ANALYSIS
1. Chart Patterns: M-and-W Patterns, Support-and-Resistance
2. Indicators: EMA of a length of 10, set to Close.

Conclusion:
Bearish sentiment remains strong and price trades below the EMA.

Recommendation:
If I would consider buy, I would do so based on the following expectations:
1. Price closed on the daily below the purple line
2. Price is within the zone of the green line
3. The market is consolidating within this zone (Potential Reversal Zone).
4. When price is within this zone, further tools for confirmation signal a trend reversal.

Kindly support for more detailed and in-depth analysis.

For personal analysis, fell free to hit me up!

#altcoins #Notcoinnews #NOTUSDT🚨

$PENDLE
Chart: D1

Current Market Trend: Bearish
Future Outlook: Bullish

PENDLE/USDT has been experiencing bearish sentiments in the few weeks thereby prompting a closer examination of its potential market dynamics.

TECHNICAL ANALYSIS

Chart Patterns:
1. Gann Fann captures the trend approaching its 1/1 spine at a price of $4.560 but never reached it before making a turn with the bulls.
2. Candle Stick: The current daily candle is a bullish candle that comes after an engulfing candle thereby reinforcing that the bulls are ready to roll!

Indicators
1. An examination of RSI with a length of 5 shows a divergence from the low of May to the low of June.
2. At present, price is above SMA with a period of 15.
3. DMI is yet to confirm if the bulls have enough power to hold the bears at a ransom for a couple of weeks as price is still trading below its benchmark of 40.

Conclusion:
The Gann Fan chart indicates three green lines, each with varying brightness and thickness. The thicker and deeper the line, the safer it is to buy. If I would buy, I would exit at the nearest resistance level on the daily chart.

Kindly support for more detailed and in-depth analysis.

#PENDLEBULLISH
#PendleDeFi
#PendlePower
#usdtstory

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