$USUAL In a fulminating increase that lasted seconds, the candle reached the top of the wedge to continue the upward trend at 1.20. The projection indicates that the value will fluctuate between 1.10-1.20.
Points to observe:
1 - The two resistances are clear: 1.10 and 1.20.
2 - If it breaks 1.20 and remains above it for a few minutes, it will test the resistance of 1.30
3 - If it falls below 1.10, it may spend a good while between 1.00-1.10.
Opinion that is not advice:
BTC has great dominance in the market, because it is falling, it prevents Usual from consolidating at the top. An increase in BTC will make Usual soar higher.
Stay alert, do your own research and manage the risk of your capital.
$USUAL What's your problem, speaking negatively about the currency, man the market is red, it's bad for everyone, it's Christmas Eve and New Year's Eve, forget about going up until the holidays are over, our party starts in January, February and so on until June, July, let's be calmer and more confident
$BTC If Bitcoin hits $1 million each, what impact will it have on people who have never participated in Bitcoin? The captain asked: Can it hit a million dollars? (Part 6) When a Bitcoin hits $1 million, it means that the market cap of Bitcoin is $21 trillion. This has reached the currency level and can be considered currency. $BTC
During Christmas, the cryptocurrency market, along with other financial market assets, historically experiences a downward trend, suggesting that this is a cyclical market trend. Traders need to be aware of this market behavior to adjust their strategy.
#ChristmasMarketAnalysis $USUAL Put it in earn so we can match the value of the first shipment of the coin released! I saw some people saying that they have it in spot. Of course, the appreciation depends on the rise of a coin, but in earn it increases the amount of the token even with the market volatility!
Unpacking USUAL: Current Insights and Future Outlook
$USUAL currently trading at $1.1742, has gained +8.3% in the last 24 hours. It saw a high of $1.391 before a pullback, signaling some profit booking. Despite this correction, it’s holding strong support near $1.00, with a 24-hour volume of 459M USDT, showcasing high trader interest.
Key Insights
1. Recent Trends: #USUAL experienced a bullish rally up to $1.8 before correcting. The price is consolidating, signaling potential stability or another upward breakout.
2. Resistance & Support:
Resistance: $1.40 is the key level to break for further gains.
Support: Holding $1.00 is crucial to avoid deeper corrections.
Future Outlook
Bullish Scenario: If it breaks above $1.40, the next targets could be $1.8 or higher. A positive market trend will enhance this potential.
Bearish Scenario: Falling below $1.00 could lead to a drop towards $0.80 or $0.60.
Key Drivers
Utility and Adoption: More use cases will strengthen USUAL’s long-term value.
Market Sentiment: Broader crypto market trends will heavily influence its direction.
Takeaway: USUAL is one to watch for short-term opportunities and long-term potential, especially if it breaks critical resistance levels. Stay cautious and manage risks effectively.
1. Fibonacci: The price is close to the 0 Fibonacci region (1.4700), which is a possible resistance. If it fails to break through, it may correct to the 0.236 (1.4070) or 0.382 (1.3680) levels, which are the closest supports.
2. Indicators: • The price has risen rapidly and may be close to exhaustion. • Volume also appears to have increased, indicating strong recent movement.
3. Moving Average (MA): The crossing of the short-term and long-term MAs indicates an uptrend at the moment.
4. Sell Signal: The chart indicator has marked a sell alert at the top (1.4700). This may mean that the asset is overbought or hitting resistance.
Strategy • If you are already long: Consider taking profits near the top or protecting your position with a tight stop.
• If you want to sell: Wait for confirmation of a rejection at the 1.4700 level or the loss of supports below, such as 1.4070.
Beware of high volatility, especially on short timeframes!
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Whoever is making a profit, leave half and take half, this crypto is rising a lot and without correction so far, when it falls it will be a drop of more than 40%, get ready... I won't give it until tomorrow to plummet