Observations: 1. Current Price: $2,834.6 (+2.42%) • The price is close to the 24-hour high of $2,845.7, indicating strong upward momentum. 2. Trend: • A sharp breakout from $2,752.3 to the current level shows strong buying interest. • The price is above both the MA(5) and MA(10), confirming a bullish trend. 3. Volume: • A significant increase in volume during the breakout suggests strong participation from buyers. 4. MACD: • Positive divergence on the MACD indicator suggests the bullish momentum may continue in the short term.
Recommendation:
Short-Term Outlook: • Long Entry: • If the price breaks above $2,845.7 (resistance) with strong volume, it could continue toward $2,880 or higher. • Short Entry: • If the price rejects $2,845.7 and falls below $2,810 (minor support), a short trade targeting $2,770 (stop market level) may be an option.
Risk Management: • Place a stop-loss for a long position below $2,810. • Place a stop-loss for a short position above $2,846.
Action Plan: • Take a long position only on confirmation of a breakout above $2,845.7. • Avoid shorting unless the price falls below $2,810 with clear selling pressure. #BTCDOM
Observations: 1. Current Price: $0.8329 (+38.01%) • The price is just below the 24-hour high of $0.8547, which acts as resistance. 2. Trend: • The price has been in a strong upward trend, recovering from a low of $0.6035. • Consecutive bullish candles suggest buying momentum remains intact. 3. Volume: • There’s a significant spike in trading volume, a bullish sign if sustained. 4. MACD: • Although the MACD indicator is not visible in detail, the continuation of the uptrend may suggest bullish divergence.
Likely Scenarios:
Bullish Continuation: • If the price breaks above $0.8547 with strong volume, it may target $0.90 or higher in the short term. • This would confirm continued buying pressure.
Pullback/Retracement: • If the price fails to break $0.8547, it could retrace to $0.81 or even $0.78. • Overbought conditions could lead to a short-term correction.
Recommendation: • For Bullish Moves: Wait for a confirmed breakout above $0.8547 with high volume before entering a long position. • For Risk Management: Place a stop-loss at $0.8124 (current stop market level).
Every body is in need of money and all are here to make money.
As I am beginner I got scammed with NFT trading.
One group form here is scamming ( scamming )
They give some signals which they copy from profession china based trader.
On other hand they do NFT singnals basically what I studied is one person creates NFT another buys it and 3rd person sell it!
Mean the telegram signal for NFT is they are actually giving us the link of there own NFT which they post for 0.22USD and other guys buy it and list that NFT for 100++
They have good strategy of uploading pictures of there profit to other who are one of them, which encourage some people in need like me to ask them !
Well I asked him and he told me to purchase NFT which I did! And why I went to creator link I saw it’s all same ID’s who is selling similar NFT at 0.23$
And one which I bought was for 100$ and he is soo sure that it will be sold!
Basically similar like me someone from here will ask him and he will sent him my NFT link which will give me profit and cycle goes on.
As per my understanding NFT is like Domain parking and selling!
Hope my message will be forwarded to all and let those guys read this.
One message to scammers! You are just making things worst for some1 in need, you don’t know how they are managing. I trusted them and lost my 100.
I tried to withdraw but I failed I cudnt due to chain and less understanding.
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