Hi, I'm AltcoinOrbit, a seasoned crypto enthusiast with 9 years of experience in trading and investing. Passionate about blockchain tech and decentralized.
$RENDER /USDT, after reaching an all-time high of 13.60 eight months ago, is currently forming a bullish raising channel. It's recently retested the 7.9 support level. With a major support level at 6.9-7.10, there's potential for a rebound. Key Points:
After forming an ascending triangle pattern, the price broke out and retested the breakout level. In the current bullish scenario, it has the potential to rally further by over 45% from the retest level.
Entry: At CMP Stop Loss: 212 Target: 328.55
⚠️ Important Reminder: Set your entry and take profit orders to lock in gains and manage risks.
Volatility Alert: The market may experience increased fluctuations; ensure tight risk management is in place.
Always monitor your position and adjust as necessary to protect your capital.
$DOT /USDT Analysis 🔹 Pattern: Symmetrical Triangle Breakout 🔹 Gain: Over 120% in 15 days post-breakout 🔹 Current Status: Retest completed, approaching target zone
🚀 Potential Upside: +35% from current levels
🔑 Trade Details:
Entry: At CMP
Stop Loss (SL): $7.32
Target: $11.36
Watch closely for momentum confirmation as $DOT gears up for its next move! #DOT_UPDATE
⚠️ Important Reminder:
Set your entry and take profit orders to lock in gains and manage risks.
Volatility Alert: The market may experience increased fluctuations; ensure tight risk management is in place.
Always monitor your position and adjust as necessary to protect your capital.
Over $835M worth of #ETH🔥🔥🔥🔥 shorts are at risk of liquidation if Ethereum hits $4,000.
💥 SHORT SQUEEZE INCOMING 💥 A breakout could trigger a massive price surge as shorts scramble to cover their positions. Stay vigilant and watch the key levels!
As predicted, rejection at $97,280 led to a $2,200 drop from that zone.
Key Levels to Watch:
🔸 Support at $94,800: Must hold to avoid further downside.
🔸 Bearish Scenario: If H1 closes below $94,800, we may see a dip to $93,402 - $93,224, where I'll watch for long scalps with bullish confirmation on lower timeframes.
🔸 Bullish Scenario: For continuation, we need a 4-hour close above $96,300 to push higher.
For now, be cautious—a downside, wick seems likely. Stay safe! #BTC☀
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