Digital Chartist
#IOUSDT 1D #IO is on the verge of breaking out above the descending resistance on the daily chart. In case of a confirmed breakout, the following upside targets could come into play: π― $0.2060 π― $0.2387 π― $0.2738 π― $0.3224 π― $0.3840 β οΈ Always rememberβ¦
#IOUSDT 1D Update
#IO has broken above the descending resistance, which also serves as the neckline of the rounding bottom pattern. It has already reached the first target. In case of a successful retest, the remaining targets could come into play:
π― $0.2060 β
π― $0.2387
π― $0.2738
π― $0.3224
π― $0.3840
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#IO has broken above the descending resistance, which also serves as the neckline of the rounding bottom pattern. It has already reached the first target. In case of a successful retest, the remaining targets could come into play:
π― $0.2060 β
π― $0.2387
π― $0.2738
π― $0.3224
π― $0.3840
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#EIGENUSDT 1D #EIGEN has bounced from the support zone and is now facing a key resistance cluster formed by the descending resistance and the EMA100 on the daily chart. In case of a confirmed breakout above these levels, the following upside targets couldβ¦
#EIGENUSDT 1D Update
#EIGEN has broken above the descending resistance and the daily EMA100. It has gained 30% since we posted the analysis and has already reached the first target. Hold for the remaining targets.
π― $0.2637 β
π― $0.2985
π― $0.3333
π― $0.3829
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#EIGEN has broken above the descending resistance and the daily EMA100. It has gained 30% since we posted the analysis and has already reached the first target. Hold for the remaining targets.
π― $0.2637 β
π― $0.2985
π― $0.3333
π― $0.3829
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
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#XAIUSDT 1D
#XAI is moving inside a falling wedge pattern on the daily chart. In case of a breakout above the resistance cluster, which consists of the wedge resistance, the Ichimoku Cloud, and the daily EMA100, the potential upside targets are:
π― $0.01092
π― $0.01302
π― $0.01472
π― $0.01642
π― $0.01884
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#XAI is moving inside a falling wedge pattern on the daily chart. In case of a breakout above the resistance cluster, which consists of the wedge resistance, the Ichimoku Cloud, and the daily EMA100, the potential upside targets are:
π― $0.01092
π― $0.01302
π― $0.01472
π― $0.01642
π― $0.01884
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#BELUSDT 1D #BEL is moving inside a falling wedge pattern on the daily chart. It has picked up volume and is now heading toward the wedge resistance. In case of a breakout above the wedge resistance and the daily SMA100, the potential upside targets are:β¦
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Digital Chartist
#BTCUSDT 1D update Nothing has changed in the #BTC analysis, and it can still reach the targets highlighted on the chart.
#MASKUSDT 1D
#MASK is moving inside a descending channel on the daily chart. Consider accumulating a small bag here and near the support zone.
In case of a breakout above the channel resistance, the potential upside targets are:
π― $0.460
π― $0.496
π― $0.531
π― $0.583
π― $0.648
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#MASK is moving inside a descending channel on the daily chart. Consider accumulating a small bag here and near the support zone.
In case of a breakout above the channel resistance, the potential upside targets are:
π― $0.460
π― $0.496
π― $0.531
π― $0.583
π― $0.648
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
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The π° #BTC ETFs have now seen 6 straight weeks of net outflows.
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#SUPERUSDT 1D
#SUPER is moving inside a falling wedge pattern on the daily chart. Consider entering this coin only after a confirmed breakout above the wedge resistance and the daily SMA50. In that case, the potential upside targets are:
π― $0.1164
π― $0.1324
π― $0.1453
π― $0.1583
π― $0.1767
π― $0.2002
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#SUPER is moving inside a falling wedge pattern on the daily chart. Consider entering this coin only after a confirmed breakout above the wedge resistance and the daily SMA50. In that case, the potential upside targets are:
π― $0.1164
π― $0.1324
π― $0.1453
π― $0.1583
π― $0.1767
π― $0.2002
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#JUPUSDT 1D #JUP has broken above the bullish flag on the daily chart and is currently facing resistance at the daily SMA50. A retest of the breakout zone (which aligns with the daily SMA100 area) is still possible before continuation of the next bullishβ¦
#JUPUSDT 1D
#JUP has played out exactly as expected. It successfully retested the daily SMA100, bounced from it, and broke above the daily SMA50. The first target has already been reached, delivering 23% profit so far. More upside could be ahead.
π― $0.2246 β
π― $0.2516
π― $0.2785
π― $0.3168
π― $0.3656
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#JUP has played out exactly as expected. It successfully retested the daily SMA100, bounced from it, and broke above the daily SMA50. The first target has already been reached, delivering 23% profit so far. More upside could be ahead.
π― $0.2246 β
π― $0.2516
π― $0.2785
π― $0.3168
π― $0.3656
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
But according to CryptoQuant's CEO, the indicator may be less of an analytical tool and more of a reflection of market sentiment. In fact, its chart closely mirrors the colors of Bitcoin's weekly candles, suggesting that it tends to follow price action rather than predict it.
In other words, when the market turns red, analysts become bearish. When the market rallies, optimism returns.
That's why the index may be better described as a sentiment gauge than a forecasting model.
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βοΈ #BTC For the first time since 2021, Bitcoinβs annual percentage change in both Difficulty and Hash Rate has turned negative. This indicates weakening mining power compared to one year ago, suggesting a period of Bitcoin miner capitulation where many miners may reduce or shut down operations due to current market conditions. Interestingly, whenever the Hash Rate variation turned negative, it was associated with local price bottoms.
#IDUSDT 1D
#ID is breaking out above the descending resistance and the daily EMA100. If the daily candle closes above these levels, the following upside targets could come into play:
π― $0.0409
π― $0.0462
π― $0.0515
π― $0.0590
π― $0.0686
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#ID is breaking out above the descending resistance and the daily EMA100. If the daily candle closes above these levels, the following upside targets could come into play:
π― $0.0409
π― $0.0462
π― $0.0515
π― $0.0590
π― $0.0686
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#WUSDT 1D
#W is on the verge of breaking out above the descending resistance and the SMA50 on the daily chart. In case of a confirmed breakout, the potential upside targets are:
π― $0.01352
π― $0.01505
π― $0.01657
π― $0.01874
π― $0.02150
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
#W is on the verge of breaking out above the descending resistance and the SMA50 on the daily chart. In case of a confirmed breakout, the potential upside targets are:
π― $0.01352
π― $0.01505
π― $0.01657
π― $0.01874
π― $0.02150
β οΈ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#EIGENUSDT 1D #EIGEN has bounced from the support zone and is now facing a key resistance cluster formed by the descending resistance and the EMA100 on the daily chart. In case of a confirmed breakout above these levels, the following upside targets couldβ¦
#EIGENUSDT 1D Update
#EIGEN has now reached the second target as well, delivering 41.87% realized and clean profit on the spot market.
π― $0.2637 β
π― $0.2985 β
π― $0.3333
π― $0.3829
#EIGEN has now reached the second target as well, delivering 41.87% realized and clean profit on the spot market.
π― $0.2637 β
π― $0.2985 β
π― $0.3333
π― $0.3829
Digital Chartist
#BELUSDT 1D #BEL is moving inside a falling wedge pattern on the daily chart. It has picked up volume and is now heading toward the wedge resistance. In case of a breakout above the wedge resistance and the daily SMA100, the potential upside targets are:β¦
#BELUSDT 1D Update
#BEL has hit all of our targets and has delivered 101.50% realized profit on the spot market and 507.5% profit on the futures market with 5x leverage.
π― $0.1225β
π― $0.1362β
π― $0.1499β
π― $0.1693β
π― $0.1941β
#BEL has hit all of our targets and has delivered 101.50% realized profit on the spot market and 507.5% profit on the futures market with 5x leverage.
π― $0.1225
π― $0.1362
π― $0.1499
π― $0.1693
π― $0.1941
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JUST IN: π° Ethereum Foundation fires 20% of its staff.
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