Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Zero Loss Trading
--
Follow
Token unlocks...
Stay alert
#Write2Earn
$DYDX $OP $MANTA
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
OP
1,389
-2.73%
MANTA
0,604
-0.49%
DYDX
0,9091
-0.51%
2k
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
Sign Up
Login
Relevant Creator
LIVE
Zero Loss Trading
@Rind
Follow
Explore More From Creator
$BICO Let's analyze the given charts for the cryptocurrency BICOUSDT to understand what they mean for the price of this coin: Chart 1: Open Interest and Top Trader Long/Short Ratio by Accounts Open Interest: - The open interest (OI) is increasing, which indicates more contracts are being opened. Higher OI usually signifies increased trading activity and liquidity. - The notional value of open interest is also trending upward, reflecting a higher value of the contracts being traded. Top Trader Long/Short Ratio by Accounts: - The long/short ratio is decreasing over time, meaning there are fewer long positions relative to short positions. - Initially, there is a balanced distribution of long and short positions, but it shifts towards more short positions as time progresses. Chart 2: Top Trader Long/Short Ratio by Positions and Long/Short Ratio Top Trader Long/Short Ratio by Positions: - This ratio also shows a declining trend, indicating that the top traders are shifting from long positions to short positions. - The percentage of short positions is consistently higher than the long positions, suggesting bearish sentiment among top traders. Overall Interpretation 1. Increased Trading Activity: - The rising open interest shows increased engagement and liquidity in the market, which can lead to more significant price movements. 2. Bearish Sentiment Among Top Traders: - Both the top trader long/short ratio by accounts and positions indicate a shift towards more short positions, suggesting that top traders are expecting a decline in price. 3. Selling Pressure: - The taker buy/sell volume data shows more sell orders, reinforcing the bearish sentiment and possible downward pressure on the price. 4. Potential for Price Fluctuations: - The fluctuating basis and its slight upward trend indicate mixed sentiments but a potential for short-term price increases due to futures trading at a premium.
--
$ARB Analysing the ARB/USDT trading pair on the basis of given indicators. And price prediction for the next 4 hours and after a Day. Chart Analysis: 1. Price Movement and Candlestick Pattern: - The recent candlesticks indicate a sharp drop in price to $0.9000 followed by a slight recovery to $0.9883. - This drop forms a long bearish candlestick, suggesting a strong selling pressure. 2. Exponential Moving Averages (EMAs): - EMA(7) is below EMA(25) and EMA(99), indicating a short-term bearish trend. - The gap between the EMAs is widening, reinforcing the bearish sentiment. 3. Volume: - There is a significant spike in volume during the price drop, indicating high selling activity. 4. Relative Strength Index (RSI): - The RSI is at 22.1780, which is in the oversold territory (below 30). This suggests that the price might be due for a short-term bounce or consolidation as the market corrects from the oversold condition. 5. Stochastic RSI: - Both the Stochastic RSI and its moving average are around 20, also indicating an oversold condition. Price Prediction: Next 4 Hours: - Given the oversold conditions indicated by both the RSI and Stochastic RSI, the price may stabilize or see a short-term bounce. - However, due to the overall bearish trend indicated by the EMAs, any bounce may be limited, and the price might face resistance around the EMA(7) (currently around 1.0253). - The price could range between $0.95 to $1.02, with a possibility of testing the recent low of $0.9000 if the selling pressure continues. Next 1 Day: - If the price manages to stabilize and move above the EMA(7), it could attempt to recover towards the EMA(25) (around 1.0755). However, this would require sustained buying pressure. - If the bearish sentiment persists, the price might consolidate between $0.90 and $1.00, with potential further declines if the selling pressure intensifies. - Overall, the medium-term outlook remains bearish unless there is a strong reversal signal.
--
$ARB Long 15x to 20x Entries: 0.9888 to 0.9111 (DCA) Ist entry: 0.9888 (Use only 40% of the funds allocated for this coin; If you wanted to invest 100usdt in this coin, use only 40usdt) 2nd entry: 0.9622 3rd entry: 0.9333 4th entry: 0.9111 Tp: by scalping ( Take small profits and add some funds again when it's down. Don't exist completely use your position as a money 🤑 machine) Not a Financial Advice
--
$DYDX Long 10x to 20x Entry: Current Price (Use only 30% of the funds allocated for this coin). Eg. You wanted to invest 100usdt in this coin, you open your first entry with 30usdt. The remaining 70% funds should be reserved if the coin falls down. If price falls do DCA 2nd entry: 1.846 3rd: 1.8022 4th: 1.77 Tp: 1.98 to 2.19 ( by doing scalping) Not a Financial Advice. $BTC
--
$HIGH Identifying the Chart Pattern and analysing the price action on the basis of given indicators: - Current Trend: The chart shows an upward trend with a significant increase in price, indicating bullish momentum. - Candlestick Formation: The latest candlesticks show some signs of consolidation after a sharp rise, but the overall trend is upward. Indicators Analysis 1. Exponential Moving Averages (EMA): - EMA(7) (Yellow Line): 8.198 - EMA(25) (Pink Line): 7.673 - EMA(99) (Purple Line): 7.006 - The price is above all EMAs, indicating strong bullish momentum. The shorter EMA is above the longer EMA, confirming the uptrend. 2. Relative Strength Index (RSI) (6): 69.406 - The RSI is close to the overbought territory (70), which could suggest that the asset is getting overbought, and there might be a potential for a short-term correction. 3. Stochastic RSI: - K Line (Yellow): 63.361 - D Line (Purple): 80.475 - The Stochastic RSI is high but not yet overbought, indicating that the bullish momentum may continue in the short term. 4. Volume: - Volume shows a significant increase during the price spike, which supports the bullish move. However, the latest bars show a decrease in volume, indicating a potential slowdown in buying pressure. Price Prediction Next 4 Hours: - Given the strong bullish indicators, the price is likely to continue its upward movement in the short term, although it may face some resistance and minor pullbacks due to the high RSI and slightly decreasing volume. - Target Price: It could test the recent high of 8.538 or move slightly higher towards 8.6-8.7 before any significant pullback. Next 1 Day: - Over the next day, the price might experience a correction or consolidation due to the overbought RSI and the recent high price increase. - Target Price: The price could stabilize around the EMA(7) at 8.198 or slightly lower at around 7.8-8.0, before deciding the next major move. If bullish momentum continues and volume increases again, it might break above 8.538 and test higher levels around 8.7-9.0.
--
Latest News
Digital Asset Investment Products See Record Inflows
--
Over 15% Of Wrapped Bitcoin Now Staked
--
Citibank And Fidelity Unveil Digital FX Swap Concept
--
Pakistan Proposes Amendments to Legalize Cryptocurrency
--
Binance Market Update (2024-11-04)
--
View More
Sitemap
Cookie Preferences
Platform T&Cs