The price has been in a consolidative phase within the weekly resistance range of $1.33 to $1.40. The recent price movement shows an attempt to break out of this range. If the price breaks above $1.40, it could signal a bullish continuation towards higher targets like $1.51 and $1.676.
Primary Support: Located at $1.128. Immediate Support: This is shown as a trendline moving upwards, intersecting current price levels around $1.20 to $1.28. Weekly Resistance: Range from $1.33 to $1.40.
Primary Resistance: Located at $1.678. Other Significant Levels: $1.40 (Resistance) $1.51 (Target after breakout) $1.676 (Primary Resistance)
A successful breakout at $1.40 could propel the price towards $1.51 initially. Further targets include $1.676 and $1.678 if bullish momentum sustains.
The chart suggests a consolidative phase with potential bullish breakout scenarios. Key levels to watch are $1.40 for breakout confirmation and $1.128 for support. The overall outlook remains bullish as long as the price stays above the immediate support trendline and primary support level at $1.128.
#UNI/USDT price has risen by 6.64% over the last week, its month performance shows a 56.48% increase, and as for the last year, UNI/USDT has increased by 135.16%.
Several potential support and resistance levels. These are areas where the price may have difficulty breaking through. Support levels are at $7.514, $10.231, and $11.00. Resistance levels are at $12.00, $16.00, $17.615, and $17.733. The area between $12.00 and $17.00 is highlighted as a primary resistance range.
The chart also shows the volume (CVD), which is the amount of UNI that has been traded in a given period. The volume has been increasing recently, which could be a sign of increased volatility.
The technical analysis of this chart is inconclusive at this time. The price has been volatile and there is no clear trend. However, there are some signs that the price could be due for a rebound in the short-term.
Falling Wedge Breakout #STX/USDT is navigating through a falling wedge and is poised to retest the channel's lower support at $1.80. We anticipate this key support level to hold firm, setting the stage for a bullish reversal that could propel the asset toward the channel's upper resistance.
However, if #Stacks falters and breaches below the $1.80 support, it may signal an extension of the bearish trend, steering the asset toward the next significant demand zone at $1.636. This level is known for its vigorous liquidity and history of prompting notable upward trends.
If STX revisits this demand zone, securing a robust rebound is essential for sustaining support. Any failure to achieve this rebound could intensify bearish momentum, worsen market sentiment, and potentially trigger additional price declines. #STX
Strong Bullish structure on the chart and also a head and shoulders can be seen at the bottom. By maintaining the demand range, it can move towards the supply side.
The targets are clear on the chart.
Closing a 4-hour candle below the invalidation level will violate the analysis
Note that the financial market is risky, so: Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop. Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. #cakeusdt
#CKB/USDT Bullish trend continuation This analysis draws two price channels and evaluates support and resistance levels.
Price Channel Analysis: The previous bearish channel is broken out, and a bullish channel is formed. The suggested entry point is around 0.015104 USDT.
Entry and Exit Points: Entry: 0.015104 USDT Take Profit: 0.021855 USDT (44.65%) Stop Loss: 0.013772 USDT (8.81%) R/R Ratio: 5.07
Conclusion: This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 5.07, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.#CKBUSDT
#ROSE is still trading within a defined range, with support at 0.07628–0.08316 USDT and a resistance zone at 0.10224–0.10769 USDT.
#ROSEUSDT as it shows promising signs of a bullish continuation from the demand zone, following a breakout from descending resistance.
A closer look reveals that the Bollinger Bands are tightening, typically a precursor to a significant upward movement. Currently, the price of #ROSE suggests an increased likelihood of a bullish trajectory from the demand zone at $0.08980. Should it maintain this momentum above the EMA 100, we could see a strong bullish push towards the next supply area.
The ascent is likely to begin once the price successfully overcomes the supply area and sustains its upward momentum. However, it's crucial to consider alternative scenarios: if ROSE cannot break the descending resistance and begins to fall, a bullish recovery from the lower support zone at $0.08003 might occur. Nevertheless, a fall below this level could undermine the bullish scenario, potentially leading to further declines.
Lina established a significant resistance level. Typically, after a considerable upward movement, such a candlestick can form. In many cases, if subsequent candlesticks fail to break through this resistance, a price correction is likely to occur.#LINA/USDT
#COMBO/USDT has broken the falling wedge pattern on the daily chart. Now it is facing the Ichimoku Cloud.
#COMBO If a retest of this Support line occurs, you can make a purchase, but you need to know, there may be many Candel wicks that will occur. This is a risky trade but it's worth trying.
With a target of minimum at least 20%+
We are bullish on it. Targets are: $0.9031 $0.9845 $1.1004 $1.2481
#GHST/USDT price has risen by 13.80% over the last week, its month performance shows a 2.65% decrease, and as for the last year, GHST/USDT has increased by 78.73%.
The correction has started from where we entered "START" on the chart.
The correction seems to be a diametric. We can buy at the end of the E wave and join the F wave.
We are looking for buy/long positions on the green return range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
Let's see what will happen.
For risk management, please don't forget stop loss and capital management. When we reach the first target, save some profit and then change the stop to entry.
From where the red arrow is placed, the #SOL correction has started.
The correction looks like an ABC and wave B is a diametric.
Where the green arrow is placed on the chart, the SOL diametric starts.
It seems that we are now in wave F of this diametric.
The green range is a strong support range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry.#SolanaUSTD
#PYR is +0.61% in the last 24 hours, with a circulating supply of 23.90M PYR coins and a maximum supply of 50.00M PYR coins.
PYR is one of the best performer from the past when BTC was dumped. For now it has a great setup for a scalp trade of 10-30% TP. Confluences: 1. Broken out from a falling wedge pattern. 2. Monday lows swept and reclaimed the Monday range. 3. 4hr HL is retested and now we may see a strong pump from here. 4. If 4hr candle closes above TP1 Bearish candle, we will be heading towards TP2 instantly.
📊 The Bitcoin Current Formation Looks ABC And Now We Are At The Wave 5 From C ,My Primary Expectation Is One More Leg Down Toward a 65k Area To Complete Wave C.
📥 There Are Two Bull Flags Formed At Low And High Timeframes And Currently The Price Sitting Above The Lower Timeframe Bull Flag Trend Line And There Is a 0.618% Fibo Level Located There Too, I Thing We Could Have a Nice Bounce From Here Toward a 72k And 75k In a Short Term.
👉 In a Situation Of Lost 67k Next Stop Will Be 65k But I Think It’s Worth To Take a Risk And Enter The BTC Here At The 67700$ #BTC☀
#ETH/USDT price has fallen by 0.39% over the last week, its month performance shows a 22.85% increase, and as for the last year, ETH/USDT has increased by 101.45%.
Bullish - Continuation
For the bulls to maintain control, a break above the $4,000 - $4,100 is needed.
In this case, a movement towards the $4,500 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
#BNB/USDT ready for a breakout price has risen by 5.05% over the last week, its month performance shows a 7.43% increase, and as for the last year, BNB/USDT has increased by 105.68%.
Let's take a look at BNBUSDT on 1D time frame. It looks like we're going to get a breakout in the next few days. RSI in a neutral zone. Enter the log position once we get a successful breakout. Target: 772 $