UPDATE $ZEN ACCORDING TO SUPPLY DEMAND METHOD 09-JUL
Currently, the price is in a short-term uptrend and has just broken the previous demand zone (area of ââ$10). If the breakout is real, the uptrend will continue. The next price targets are $12.5 and $15. However, you should still be cautious, the ideal entry is the H4 demand zone around the $8.5 area. Cut loss below $7, target $12 - $15.
The main trend of $BCH is bearish. The price decreased but did not touch the strong Demand zone of the daily $260 area.
H4 is having an up wave but this is just a recovery wave, likely to return to the $400 price range and then decrease following the main trend.
$BTC is also in an H4 recovery wave, so you should not enter BCH right now. Wait for the price to reach the Daily Zone to create an increasing structure and have more support from BTC before buying.
The daily and 4-hour time frames both show a bearish trend. The price is moving towards the $0.5 daily demand zone. In a downtrend, do not buy. Watch to buy at $0.5 if confirmed. If there is no confirmation, ignore it. If there is a support factor of $BTC in an uptrend or sideway then great. #SOFR_Spike #Write2Earn! #binance #JupiterđŞ
It is a fact that in an uptrend, the price just keeps increasing. Until it doesn't increase anymore (breaking the important demand zone).
So our job is to find this important demand area, which is considered half of the success.
If the search is not accurate, it doesn't matter because you place SL after this zone and the last trick is capital management.
When the price touches Supply or Demand, there is no guarantee that it will decrease or increase further. But if there is confirmation in a small frame, it will be a big support factor.
Canh LONG $OM and remember to manage your capital. #om #Write2Win
DAILY TREND IS DOWN, 4H IS IN THE REVERSE WAVE. After the #cpi news last night, $BTC had a slight increase, breaking the small peak of H4. But then closing the engulfing candle negates everything. Currently, the H4 recovery wave still maintains an uptrend, but is showing signs of weakening. The daily trend is down, the price has not yet touched any strong demand zone below, so trading on H4 is quite risky. Stand outside and wait for more signals from the market.
Technical Analysis $ORDI Jul 11 The general trend is down, however the price has reached the Daily Zone - this is a hard demand zone.
The price cannot break the daily zone and is increasing again, forming a recovery trend. According to the way the candles move, this is a durable recovery trend that sweeps before and after.
Canh buy $ORDI according to H1: đ˘ Entry: H1 Zone đ˘ SL: After Daily Zone đ˘ TP: Target returns to H4 Zone
New chart so d1 is not clearly visible. But looking at H4, it is trending down.
H4 Zone has been identified as a supply zone - an area with strong selling pressure.
Currently, the price is in the H1 recovery trend and is likely to return to the H4 Zone.
This is a new coin list, in a downtrend plus $BTC is also in a downtrend. So if we act now, we should stand aside and observe. Wait for confirmation of increase then buy $ZK later.
The daily trend is still bearish, but there has been a strong reaction in the weekly zone.
Currently, the price is in the H4 recovery trend. The price recovered but has not yet touched the daily zone above, so it is still likely to increase further.
The distance between Weekly zone and daily zone is quite far (nearly x2 value). So this H4 recovery wave is also a strong wave.
đ˘ Can buy $CTXC in H4 zone. đ˘ SL below weekly zone is safest. đ˘ Target to daily zone above. $CTXC
$WLD technical analysis Weekly and Daily are trending down, prices have decreased continuously for 4 weeks and are reaching the strong demand zone of weekly.
Only buy when $WLD confirms the daily frame price uptrend. Now stand outside and watch.
TECHNICAL ANALYSIS $SC 11-JUL The daily frame is in a downtrend but the price has touched the weekly and had a strong rebound. $SC from Weekly Zone directly BOS broke the daily Supply Zone showing very strong buying force in this area. At the same time, it also confirms that the daily trend has changed from decreasing to increasing. In the next sessions, it is likely that $SC will maintain this uptrend. Soup and food following daily trends. SL below weekly zone and target above daily zone.
The price had a strong reaction after touching the Daily Zone. Daily is still generally bearish.
In H4, the price created 2 bottoms (the latter higher than before), showing that the buying force at daily demand is appearing. The neckline has broken (BOS), determining that the recovery trend of H4 will continue.
Canh mua$ENA following the H4 recovery wave: đ˘ Buy limit at H1 Zone đ˘ SL after Daily Zone đ˘ Target returns to H4 Zone.
The general Daily and H4 trends are showing bearish. Looking at the candles from June 2024 until now, it seems like they have been released according to the market. Currently the price is approaching the $0.3 demand zone. If the price reacts and confirms the increase here, there will be a high possibility that there will be a recovery wave in H4 to the daily zone. But if this zone cannot be maintained, the price may fall further and the bottom cannot be determined. With the current situation of $BTC decreasing, it is not too difficult to understand that $ENA continues to decrease.
$LINK according to Supply Demand on 11-Jul The daily demand zone, after being attacked many times, was broken on June 10. Currently, the main daily trend is still price reduction. There may be a slight rebound to the $15 area. However, when the main trend is down, you should not follow the trend. If you buy soup, then soup in the following two directions: Wait for the price to recover to the $15 range and break through it decisively to confirm that the downtrend has reversed to an uptrend, then buy
Daily is showing price increases but this is a rebound because it has not yet broken the daily supply zone. $1000SATS Since the list #binance , the downtrend is always determined. Currently still below listing price. I'm just analyzing so you can see that in a daily downtrend, when the price has not broken through the important supply zone, it will continue to decrease. Every rising wave is just a rebound. Depending on your taste, you like to eat star anise or star anise, short or long.