CAN | Crypto Analysis
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Daily crypto market updates and insights.

Covering major market moves, trend shifts, and key developments across the crypto space.

No financial advice.
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https://www.tradingview.com/x/QKQBZ8mG/

#APEUSDT 4H UPDATE

Let's review the previous analysis. We expected Wave C to form and had set 4 targets for it, 3 of which were hit, resulting in a 54% profit without leverage.

After Wave C completed, Wave D began, which after a pullback to the second target zone, continued moving upward.

Given the evidence, we do not intend to short this coin. However, if the market gives us this opportunity, we are buyers in Wave E. πŸ‘Œ
https://www.tradingview.com/x/uVPripj8/

#HBARUSDT 3D UPDATE

Hedra
Hergref or even H Bar is currently in profit by nearly 30% without leverage based on the previous analysis and is gradually approaching the dangerous red area. It's not a bad idea to gradually save part of our profits. πŸ‘Œ
https://www.tradingview.com/x/butpnqhS/

#Thetausdt 1D UPDATE

We posted this analysis in the main channel almost a year ago. The beauty of the analysis is clearly visible!

The pattern was identified precisely, and after a 78% drop, the price reached our weekly buy zone. πŸ‘Œ

The best entry point is near 0.586. However, if the price continues its bullish move and passes the 1.327 point, the bullish scenario will be confirmed.

The points mentioned are points where you can take a bit more risk. πŸ˜‰
https://www.tradingview.com/x/ZlY48N3j/

#XMRUSDT 1D chart

Stellar is one of the most bullish coins currently moving in the market. One of our reasons for this claim is that in the previous decline, it did not break the previous bottom and had a good recovery.

Above the current price, there are two important resistance zones ($176-196) which could be a good point for this coin to reverse.

The G wave of this diametric pattern could be a good buy range for those who like privacy coins.
CAN | Crypto Analysis
https://www.tradingview.com/x/dZhAAUEi/ #USDT.D 4H UPDATE Update #Tether_Dominance 4H Chart It seems that the Tether Dominance chart has completed a failed diametric pattern with wave J. Currently, this index is at the maximum oversold point (meaning the…
https://www.tradingview.com/x/HxffxdDM/

#USDT.D 4H UPDATE

In this analysis, we will have a general update on our opinion about the market. As we also said in the previous analysis, the market probably intends to move towards the green area. Our suggestion is to move with the market trend; meaning now is the time for some coins to pump. From the point where this index has penetrated below the F wave in the Diametric pattern, we can consider any correction in the market as a buying opportunity until the Dominance Tether reaches the green point.
#CHZUSDT 1D UPDATE

The first target of this analysis has been hit.
βœ…βœ…βœ…

If you entered this trade like us, expecting wave C to be short, you should now be at least 18% in profit on spot. We suggest setting your stop loss below the previous low and letting the trade breathe. If the daily candle closes above 0.15 cents, the bullish scenario will be confirmed.
πŸ‘Œ
#OPUSDT 1D UPDATE

The analysis we had on this symbol a few weeks ago is still valid, and we expect a triangle or diamond pattern to be forming on the higher time frame.
Currently, we expect the price to be rejected around $1.6, and afterwards, the targets will differ depending on the higher pattern being a triangle or diamond, which has been explained in the chart itself. We will update this analysis based on the acceleration of the decline and the formation of wave e, but we need those waves to form to make a better statement.
#1INCHUSDT 3D UPDATE

It seems the price has completed its diametric correction and has started a strong move with a 30% increase from our target area.

Now we must wait for the formation of a new pattern for the next moves.
#CHZUSDT 1D UPDATE

So far we have had a 32 percent growth. βœ…βœ…πŸ€‘

Personally, we do not sell here and we slowly follow our stop loss with the price. 😜
#YFIUSDT 4H UPDATE

Sometimes you need a pullback in the market to enter, and sometimes no opportunity is given at all πŸ€·πŸ»β€β™‚οΈ

Your question was where to jump into this coin and our market bias was πŸ˜„

In any case, we had about a 22% rise from the last update and it is not yet time to sell
βœ…βœ…βœ…
#BTCUSDT 4H ANALYSIS

The latest downward wave of Bitcoin has become somewhat misleading. We really wanted the market to give us another downward move so we could fill our wallets, but it seems the movement has started. πŸ‘€


The market has been moving with high strength for about two weeks and is somewhat overbought. (Discussion of overbought in indicators)

With all these characteristics, our opinion is that the current market is a buying opportunity. I hope you take advantage of these situations and don't come back in another two months to ask whether now is a good time to buy a certain currency or not ⚑️
#LRCUSDT 1W Update

Another coin also brought a good 50% profit after reaching the buy zone πŸ”₯

It is possible that we have started a new move in the market and this new wave will bring us to the orange zone, so I suggest you trade this coin with a specific plan.
πŸ‘Œ
#ETCUSDT 1D UPDATE

This
was one of our best analyses this month πŸ˜πŸ€‘

We had a beautiful entry point and we had growth of nearly 50 percent from the entry point. βœ…πŸ₯‚

It is possible that we have a pullback to test levels in the $20 area and then this coin continues its own path.
We suggest that if you bought this coin at a lower point, take some profit and buy again at lower areas if we have a pullback.
πŸ‘Œ
GMTUSDT 3D UPDATE

The price started to fly from our last analysis and has gained nearly 150% profit up to here.

The issue is that due to the power and momentum of the move, the pattern might have completely changed and a new path might have formed for this coin.

Or the price might come back and hit a double top on the resistance, then drop from there, and we continue with the previous pattern. We must wait and see what happens. 🧐
https://www.tradingview.com/x/1uSiNjb7/

#FTMUSDT 1D UPDATE

The price started a good rebound move from the weekly support level and the price movement is strong enough that it might go directly and hit the previous top!

The blue area is our buy zone again, and from there, the stop loss for this analysis is the previous bottom. In case the movement path changes and this analysis fails, the stop loss is quite large. So be careful that the volume you engage with is proportional to your risk tolerance for this trade.
https://www.tradingview.com/x/158tCMHx/

#OPUSDT 1D UPDATE

The price has risen about 20% from our last analysis and all targets have been hit. βœ…

Our short positions have been entered, but because the market has taken a strong bullish trend, these levels might be broken to the upside soon.

Since your short positions should be in profit now, our suggestion is to move the stops to the entry point to reduce risk
and see which way the market goes. πŸ‘€
https://www.tradingview.com/x/afJzrwwj/

#BTC.D 4H UPDATE

Well, all the targets of this analysis have been completely hit. βœ…

Stay tuned for the new update of this post. But we must be careful, because to have a proper and correct alt-part, we need a proper and correct index.
πŸ‘Œ
https://charts.cointrader.pro/snapshot/kiNqb

#ADAUSDT 1D UPDATE

Update

#Cardano 1-day chart

Well, here we have a currency whose movements we can use to some extent to predict the market.

◾️First, in our last update, we had a correction of about 20% to the entry point. βœ…

◾️Second, our 27-cent entry point was touched, and the price has grown by more than 30% up to here. As you can see on the chart, our expectation is that the market's bullish movement will continue for the next few months. In fact, this movement may continue until late April and June 2023, and then we will have another correction in the market.

I hope you enjoy our analysis. πŸ₯‚
https://www.tradingview.com/x/ConVwJnA/

#AAVEUSDT 1W Update

Update

It seems that Aave has a very complex path ahead. 🧐

Before anything else, I must say that the diametric pattern that we see in the figure with contact on the green support level has ended, and the price has had a good recovery from that same point which was actually the price ceiling of 2018 until here.

Now the issue is that the red area first could act as a resistance level for the price so that from there the price is pushed down a bit and creates a re-entry opportunity for us in the specified area.

And the last point is that the long-term analysis may not be bearish, and in the next one or two years, we may witness the completion of the higher time frame pattern; in such a way that the price goes towards wave D and continues the pattern. But well, now until the near future, we don't need to worry too much about this issue. Just keep it in mind is enough πŸ‘Œ
https://www.tradingview.com/x/r7YFGiJf/

#SNXUSDT 1D UPDATE

This coin has beautifully followed our pattern.
So far, we have successfully followed the last 3 waves of this pattern.

As you can see, wave G has ended, yielding about 60% profit so far. It seems this coin is currently exiting this pattern. If the blue trendline breaks, the rise towards the targets marked on the chart will be confirmed.
Related markets for #Bitcoin show interesting behavior but are also full of volatility, showing a kind of correlation with each other in different periods 🧐

Between the bearish and downward years of 2018 and 2019, #Bitcoin was traded below the 200-day moving average line (200MDA) for 386 days.

With the start of last week's move, Bitcoin returned above this line after 381 days.

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