ever heard of resistance and support levels. having MA/EMA as a support for indicaton is nice. Trading on solely this basis is foolish at best. $2.25 as well as long trend in tact
Signal Node
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Bearish
This red candle will stop here. Big crash of XRP on the way. 🙂
A hefty $79,000 SHORT position got obliterated as $SAND surged to $0.913!
Bulls in Charge
The bears underestimated the momentum behind this rally, and now the market is punishing shorts.
This liquidation has poured fuel onto the fire, driving SAND higher as traders scramble to adjust their positions.
Key Details:
Liquidation Size: $79,000
Liquidation Price: $0.913
Market Sentiment: Turning Bullish
What’s Driving the Surge?
With increasing volume and positive sentiment, SAND seems poised for a breakout. The question is whether this momentum will push it past key resistance at $0.95 or if a retracement is imminent.
What’s Next?
The market is heating up—bears are licking their wounds, and bulls are eyeing the next target.
Could SAND climb toward $1.00, or is this a temporary pump?
Traders, your move! Are you riding the bullish wave or waiting for a pullback?
Overall Trend: The price of SAND/USDT is in a consolidation phase, showing sideways movement within a defined range after a recent upward trend. Support and Resistance Levels: Immediate Support: $0.65Immediate Resistance: $0.75A breakout above or below these levels could indicate the next directional move. Technical Indicators: Moving Average (MA 200): The price is above the 200-hour moving average, suggesting a bullish bias.Relative Strength Index (RSI): At 49.06, the RSI is neutral, indicating neither overbought nor oversold conditions.MACD: The MACD line is slightly above the signal line, showing minimal bullish momentum. Cluster and Zone Analysis: Significant price activity is observed near $0.70–$0.75, representing short-term resistance.Lower accumulation zones are around $0.65, indicating buying interest.
SAND/USDT appears to be in a consolidation phase with a potential bullish bias due to its position above the moving average. Traders should watch for a breakout or breakdown from the $0.65–$0.75 range for confirmation of the next trend. Maintaining a cautious approach with appropriate stop-loss levels is recommended in this range-bound market.
follow up on my order 64/24[intact] $ETHFI #ETHFI🔥🔥🔥
Analysis
the price reached the expected resistance level of 4.85$ and bounced back into the now support level of 4.22$. The bullish trend is still intact yet within price ranges of 4.70$ there is still high sell pressure. Good entry point for further long position is 📍 4.26-4.30$
or in case of confirmed break through of 4.48$ (D1 candle and h1) prices at 📍 4.84$ for short Profits around 🎯 5.214$
broke the resistance level of 4.22$ for confirmed double bottom formation + crossing of EMA 100 in h4. heading into a bullish continuation. Watch out for entry positions. with close S/L at around 3,3.
watch out for opportunities $ANKR - currently fighting a strong resistance level at 0.056$ But with strong upward potential for prices to 0.068$ and above once that price is broken. Let's see what happens and whether there is opportunities. #ANKR/USDT
are you on board on $TFUEL ? and $THETA ? Here is the break down of my live trade with #TFUEL
different post/#trade breakdown and analysis and insight:
on 37/24 status [intact]
Regarding technicals: tfuels follows a bullish trendline with bottom level of 0.07$
I chose it as my first entry (Buy1).
It broke the former resistance line (red line D1) (Buy2). After a strong impulse in buy orders the price even broke the strong resistance level of 0.125$ with a closing candle in (D1) - which I did not expect so here I sold a little bit too early (Sell1), yet taking a little bit of profit and sticking to your gameplan is always reasonable - especially if you want to rebuy.
Because of the overall selling pressure in the market within the last days, the price dropped to the anticipated price level of 0.106$ where my buy limit order was activated (Re-Buy3). (H4)
After positive signals I largend my position with a better price within the 0.104 region (Re-Buy4). For now the 0.102$ level is a strong support zone. even if the price is dropping below there are strong support levels at 0.95$ and in the 0.8$ ish zones.
But with a proper #riskmanagement even trading can be enjoyable. The average price for my position is 0.079$ so there's room for managing the trade and #insights for you.
My next price targets are 🎯 TP1 is 0.1256$ 🎯TP2 is 0.14.6$
If you want to know what's going for mid- and long-term investments for tfuel🎯🎯🎯 hit the like button and share it with a friend.
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I almost forgot ... why did I chose #Theta an #Tfuel in the first place? Well don't miss out the new edgeverse #ThetaNetwork release on 1st of May - the project seems interesting too me.
For all my fellow Murphyan's out there ... sometimes the fundamentals can be great too lol.
I followed #TRX price development for some time now.
It has formed a bullish wedge of which there's a breakout of the resistance line (red) into a bullish continuation. Strong support at $0.108 (orange zone).
It offers a buy zone near $0.12 in line with MA 100 on the 12H chart. Looking for a bullish sentiment. Keep watch for a breakout above $0.138 (violet resistance zone) for potential upside targets.
watch out for BTC slippage! stay out if you haven't entered yet. If you've entered watch for support level's (0,59, 0,57, 0,52).
Update: Because of the selling pressure on #BTC🌪️ $ONG tested the lower trend line by breaking out of the wedge formation and testing the strong support on 0.59. Yet the candles indicate a bearish continuation, we have to wait for closing in H4 for confirmation.
I've seen strong comebacks yet the market seems have bearish sentiment.
For now Trade: 62/24 status is [not intact]. Let's watch out for new opportunities 💪.
In the meantime if you have any coins you like me to analyse, post i into the comments 👇
The market is indecisive. It's currently pending exactly in the middle of the pricing level. The structure of the pricing level around 0.63,36 is yet pretty clear. On the top side is the strong resistance level of 0.65,79 which needs to be overcome in order to reach back into a strong bullish trend for prices around and above 0.71,25. On the bottom side there is the Trendline and EMA H4 around the price of 0.61,75 as strong support. The chart also offers space for a side phase in which one can consider positions for swing trades within the upper and lower end of the level.
The indecisiveness of the market can be seen in the daily closing candle (D1) indicating an inverted hammer candle, yet not strongly. Same can be seen in the low Volumina, and RSI.
For people with more risk appetite : If retest of the Bottom Trendline ~0.61,75 (orange target window) consider it as a good entry level if there's confirmation candles in at least H1.
For more conservative approach. Wait till the resistance of 0.65,79 is broken with a confirmation candle in at least H1. Look for entry's in lower timeframes.
Trading idea $ONG Long @0,65 TP1: 0,86 TP2: 0,94 TP3:1,04 SL: @0,572
After a necessary consolidation to 0,61 the support level held. The price development is still within the rising wedge formation the lower Trendline is still intact. Depending on how you count the Elliot-Waves this might be the beginning of Wave 2 or 3. Strong support through EMA and MA. Also forming inverted Hammer in the day chart candle that if confirmed, underlines the trend change.