downward
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$BTC
#Bitcoin Chart Analysis
I've conducted a chart analysis based on yesterday's double bottom and potential #upward movement.
However, today's market seems a bit risky.
Therefore, I've analyzed the chart from two perspectives.
The first scenario suggests an impulse wave formation, indicating the need for further #upward movement following the numbered yellow circles. For this scenario to materialize, we would need one more upward wave.
The second scenario is a simple #downward correction within a complex adjustment. If this occurs, there's a possibility of a drop below $90,000.
Given these possibilities, the current position is crucial.
To continue following the chart analysis, please subscribe.
#Bitcoin Chart Analysis
I've conducted a chart analysis based on yesterday's double bottom and potential #upward movement.
However, today's market seems a bit risky.
Therefore, I've analyzed the chart from two perspectives.
The first scenario suggests an impulse wave formation, indicating the need for further #upward movement following the numbered yellow circles. For this scenario to materialize, we would need one more upward wave.
The second scenario is a simple #downward correction within a complex adjustment. If this occurs, there's a possibility of a drop below $90,000.
Given these possibilities, the current position is crucial.
To continue following the chart analysis, please subscribe.
#MDX fall up to 13.95 % in one day 😭😟⛈️
#MDX/USDT #BinanceTournament #US_Job_Market_Slowdown #downward
#MDX/USDT #BinanceTournament #US_Job_Market_Slowdown #downward
The cryptocurrency market has experienced a significant downturn over the weekend, with major coins like Dogecoin, Cardano's ADA, and XRP falling over 7%.¹ This decline comes after a strong week for the market, with traders taking profits ahead of the weekend.
The drop in Bitcoin's price, which fell sharply from a high of $111,200 to just over $107,000, has also contributed to the market downturn. This was driven by fears of a renewed tariff war between the U.S. and the European Union.
Here are some key stats on the current prices of these coins:
- *Dogecoin (DOGE)*: $0.23, down 0.43%$DOGE
- *Cardano (ADA)*: $0.75, down 0.60%
$ADA
- *XRP*: $2.33, up 0.87%
$XRP
It's worth noting that the cryptocurrency market is known for its volatility, and prices can fluctuate rapidly. If you're interested in investing in cryptocurrencies, it's essential to do your research and stay informed about market developments.#CryptocurrencyWealth #MarketPullback #cryptocurreny #downward #TrendingTopic
The drop in Bitcoin's price, which fell sharply from a high of $111,200 to just over $107,000, has also contributed to the market downturn. This was driven by fears of a renewed tariff war between the U.S. and the European Union.
Here are some key stats on the current prices of these coins:
- *Dogecoin (DOGE)*: $0.23, down 0.43%$DOGE
- *Cardano (ADA)*: $0.75, down 0.60%
$ADA
- *XRP*: $2.33, up 0.87%
$XRP
It's worth noting that the cryptocurrency market is known for its volatility, and prices can fluctuate rapidly. If you're interested in investing in cryptocurrencies, it's essential to do your research and stay informed about market developments.#CryptocurrencyWealth #MarketPullback #cryptocurreny #downward #TrendingTopic
🚨 $1000SATS Technical Analysis Report 🚨
☢️ Current Trading Price: $0.0003013 (down 7.17%)
📢 24-Hour Performance:
🔺High: $0.0003266
🔻Low: $0.0002995
⚫Trading Volume: 63.42M USDT
📢 #SupportAndResistances Levels:
--Strong Support: $0.0002992
--Current Resistance: $0.0003266
⚫ Parabolic #SAR Indicator: Currently at $0.0003151The #SARindicator suggests monitoring closely for potential trend reversals
📢 Trading Strategies:
🟢 #Long Trade Strategy:
--Entry Point: Above $0.0003266
--Target: $0.0003450, $0.0003337
☢️ Rationale: Entering above this level indicates a #breakouts from the recent high, suggesting upward momentum
🔴 Short Trade Strategy:
--Entry Point: Below $0.0003027
--Target: $0.0002900
☢️ Rationale: Entering below this level suggests breaking below recent support, indicating #downward momentum.
📢 Recommendations:
🟢 For Long Trades: Wait for a confirmed breakout above $0.0003337 before entering the trade. Set your target at $0.0003450 to capitalize on the upward movement.
🔴 For Short Trades: Consider entering the trade if the price falls below $0.0003027, with a target of $0.0002900, anticipating further decline.
⚫ Monitoring: Keep a close watch on the SAR indicator at $0.0003151 for any signs of a potential reversal. This level can be crucial for identifying changes in the current trend
☢️ Current Trading Price: $0.0003013 (down 7.17%)
📢 24-Hour Performance:
🔺High: $0.0003266
🔻Low: $0.0002995
⚫Trading Volume: 63.42M USDT
📢 #SupportAndResistances Levels:
--Strong Support: $0.0002992
--Current Resistance: $0.0003266
⚫ Parabolic #SAR Indicator: Currently at $0.0003151The #SARindicator suggests monitoring closely for potential trend reversals
📢 Trading Strategies:
🟢 #Long Trade Strategy:
--Entry Point: Above $0.0003266
--Target: $0.0003450, $0.0003337
☢️ Rationale: Entering above this level indicates a #breakouts from the recent high, suggesting upward momentum
🔴 Short Trade Strategy:
--Entry Point: Below $0.0003027
--Target: $0.0002900
☢️ Rationale: Entering below this level suggests breaking below recent support, indicating #downward momentum.
📢 Recommendations:
🟢 For Long Trades: Wait for a confirmed breakout above $0.0003337 before entering the trade. Set your target at $0.0003450 to capitalize on the upward movement.
🔴 For Short Trades: Consider entering the trade if the price falls below $0.0003027, with a target of $0.0002900, anticipating further decline.
⚫ Monitoring: Keep a close watch on the SAR indicator at $0.0003151 for any signs of a potential reversal. This level can be crucial for identifying changes in the current trend
What’s really going on !! Everything keeps dropping 🤭 my P/L down#downward #down&Down #stillhope #RiseAfterFalling
Dear Binance Family. I bought #DEGOtoken when it was 1.86$. Now you can see the #downward position. I have almost lost my remaining 30$. Can anybody suggest me either to hold it or to sell it? Or which coin I should buy now? Your suggestions in this regard would be highly appreciated.
#TradersEmpire #MarketAnalysi #earnwell
#TradersEmpire #MarketAnalysi #earnwell
#NOT🔥🔥🔥
There is a 85% chance that there is huge dump in upcoming hours
You can Make a profit in Short Future trading
"NOTE : This one is my personal observation please invest at your own risk Thanks"
#downward #BinanceSquareFamily
There is a 85% chance that there is huge dump in upcoming hours
You can Make a profit in Short Future trading
"NOTE : This one is my personal observation please invest at your own risk Thanks"
#downward #BinanceSquareFamily
man that was a crazy dip earlier but it shows that the doubts are there we are essentially one more dip away from going to 75k again
#BTC #BearishAlert #HotTrends #downward #followmeformore $BTC $ETH $SOL
#BTC #BearishAlert #HotTrends #downward #followmeformore $BTC $ETH $SOL
#pepe⚡
Token showing signs of potential further correction with rising #BEARISH📉 volume🫠
Price break below the ma 200 suggests room for #downward movement📉
April 2024 support zone could be retested👨💻
#WeAreAllSatoshi #BinanceLaunchpoolHMSTR $PEPE
Token showing signs of potential further correction with rising #BEARISH📉 volume🫠
Price break below the ma 200 suggests room for #downward movement📉
April 2024 support zone could be retested👨💻
#WeAreAllSatoshi #BinanceLaunchpoolHMSTR $PEPE
🌖 Terra Luna Classic Price Technical Analysis: Is $0.00015 Next?
The chart presents a reversal pattern— specifically an Inverse Head and Shoulders pattern, which is a bullish reversal #signals . The price has been trending #downward , but this pattern indicates a potential shift to the upside.
Key Support and Resistance Levels
$0.0001: This is the neckline of the inverse head and shoulders #Pattern . Below it, there’s major support at $0.000008 from recent lows.
$0.000142: This is the projected breakout target based on the height of the head-to-neckline distance. It represents a potential gain of approximately 43.78% from the breakout level.
After completing the right shoulder, the price rose up and broke above the neckline, indicating bullish momentum. If the price sustains above the neckline, it will confirm the breakout, triggering a significant bullish move higher.
A volume-confirmed breakout above the neckline suggests a potential long-term bullish reversal. However, if the $LUNC
price fails to sustain above the neckline, it could signal #CryptoMarkets weakness and could fall below 0.000008, the low of the right shoulder, invalidating the current bullish thesis.
#moonbix
Key Support and Resistance Levels
$0.0001: This is the neckline of the inverse head and shoulders #Pattern . Below it, there’s major support at $0.000008 from recent lows.
$0.000142: This is the projected breakout target based on the height of the head-to-neckline distance. It represents a potential gain of approximately 43.78% from the breakout level.
After completing the right shoulder, the price rose up and broke above the neckline, indicating bullish momentum. If the price sustains above the neckline, it will confirm the breakout, triggering a significant bullish move higher.
A volume-confirmed breakout above the neckline suggests a potential long-term bullish reversal. However, if the $LUNC
price fails to sustain above the neckline, it could signal #CryptoMarkets weakness and could fall below 0.000008, the low of the right shoulder, invalidating the current bullish thesis.
#moonbix
🔻🔻$WIF __________🔥 for WIF updates ⏫️⏫️⏫️
Solana Meme Coin WIF Assets Worth Over $1 Million Liquidated
$WIF - SELL
Reason: A significant liquidation event of WIF assets suggests potential downward pressure on the price of WIF coin.
Signal strength: HIGH
Signal time: 2024-05-18 16:18:50 GMT
#liquidate #downward #SolanaMemeCoins #wifusdt #signalalert
Always DYOR. This is not a trading signal nor a call for smth, but our POV. What is yours?
Solana Meme Coin WIF Assets Worth Over $1 Million Liquidated
$WIF - SELL
Reason: A significant liquidation event of WIF assets suggests potential downward pressure on the price of WIF coin.
Signal strength: HIGH
Signal time: 2024-05-18 16:18:50 GMT
#liquidate #downward #SolanaMemeCoins #wifusdt #signalalert
Always DYOR. This is not a trading signal nor a call for smth, but our POV. What is yours?
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