STX analysis:

Price is continuing to move upwards and make new all-time highs. There may be a continuation of this upward movement. Consider opening a small long position with a tight stop loss near the support area.

Support Area: $3.20-$3.40

Major Support Area: $2.35-$2.50

Here's the Analysis of #SNX :

#SNX is been moving within a parabolic move in a mid-term period and building liquidity below the a Major Resistance area around $5.36. Well, price is pushing aggressively with the #BTC hitting #70,000 mark again. so it wait for wait for a retracement or flip above the zone before any sort of buy and yes shorting would be low probable.

#PRA
#LINA/USDT analysis -

#LINA is in an uptrend, trading above the 200ema. It recently broke out of a trendline after bouncing back from the 200ema. This indicates that it's likely to continue its bullish trend and potentially form a new high.

TF : 4h
Entry : $0.01419
Target : $0.01742
SL : $0.01204
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Bitcoin has broken above the $70,000 level and is now trading above it. This indicates that we may see a move towards a new all-time high anytime soon. As expected, BTC continued to move up after the US market opened yesterday. There is strong buying pressure from spot BTC ETFs and sellers seem to be running out of coins.

#BTC didn't have the retest and made its flip above the neckline from the Head & Shoulder Pattern. Currently, price is retesting back the zone as support and now ready to move higher. Daily Market Structure Turned Bullish, so expected to have it continuation.

#PRA
Crypto fear & greed Index: 81

Whenever this index reaches 95, then major selling happens. When this index goes above 90, then it is a red sign and correction can happen at any time.

On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.

Yesterday, the index was 75. The lowest low of 3 months was 48 which was noted on the 24th January 2023.

Note: This indicator shows the overall market sentiment.
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#PRA
#ZETA/USDT analysis-

After the listing day, the price was trading between a channel and increased more than 75% from the channel’s low till the breakout level. The price gave breakout increased more than 44% from the breakout level.

Now, the price has taken support and holding the breakout level which became a support zone. The price has potential move up further 75% from the previous breakout level and 44% from the trendline as shown in the chart.

T.F.- 1-D

ENTRY- as soon as it gives breakout i.e. around 2.4200-2.4210
SL- below support area i.e. around 1.6590
TARGET- 3.4915

Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
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#BTC.D UPDATE :

#BTC.D (#Bitcoin Dominance) forming a triangle pattern and made a continuous ranging below the Major Resistance Zone of 54.50% - 54.60%. A new Support is build at 53.00% - 53.15% where index kept on bouncing. A break of either side will decide the trend in altcoins but the only thing is #BTC either slowly pushing up or remain stable.

DOGE broke the resistance line of the triangle pattern and retested it. We may witness a continuation of the upward movement. You can consider opening small long positions with tight stop loss.

Support Area: $0.175-$0.178

Resistance Area: $0.205-$0.21

Funding Rates goes negative this coming week. Now, this might be catalyst that will push the price this week.

#PRA
#ANKR/USDT analysis:

On daily timeframe, the price formed cup & handle pattern inside the ascending triangle pattern.

The two bullish pattern breakouts i.e. cup & handle pattern breakout + ascending triangle pattern breakout = Double confirmation sign for the trade opportunity.

The price increased more than 75% from the breakout level till the resistance zone and it increased almost 100% till the today’s high from the breakout level.

As per the price action analysis, entry would have been taken at breakout or retest and stop loss will be below the triangle pattern or higher low when it gave breakout or below the handle of the cup & handle pattern.

Note: This is just an educational post.
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#PRA
#SHIB/USDT analysis -

#SHIB is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) while finding support above the 200ema. The price recently broke out of a trendline after bouncing off the 200ema. This suggests that it's likely to continue its upward trend and potentially rise even higher. 

TF : 4h
Entry : $0.0000307
Target : $0.0000442
SL : $0.0000234
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What is #Funding Rates ?

#Funding Rates refer to the fees that are paid between #traders on perpetual #futures contracts. Perpetual futures contracts are a type of #derivative contract that allows traders to bet on the future price of an #asset without actually owning it.

Funding Rates are used to maintain the price of a #perpetual futures contract to the price of the underlying asset. These fees are typically paid between #buyers and #sellers of the contract and are used to ensure that the price of the #contract stays close to the actual price of the underlying asset.

The Funding Rate is calculated every fixed period (usually every eight #hours) and is paid by traders who are on the opposite side of the contract. For example, if the Funding Rate is #positive, long positions (buyers) will pay short positions (sellers). Conversely, if the Funding Rate is #negative, short positions (sellers) will pay long positions (buyers).

The Funding Rate is determined by the difference between the current price of the perpetual futures contract and the price of the underlying pair, as well as by the current market #demand for the contract. When there is a high demand for #long positions, the Funding Rate may be positive, and when there is a high demand for #short positions, the Funding Rate may be negative.

Funding Rates are important for traders to consider, as they can have an impact on the #profitability of their trades. A high Funding Rate can eat into profits for traders who #hold their positions for an extended period, while a low Funding Rate may be an #opportunity for traders to profit.

Hello everyone, 48 hours left until our massive 10x Pancakeswap GEM call. We can guarantee that this upcoming pump will have amazing results and You should be expecting massive profits on this one. we don’t expect this mega pump to make all our members less than 10x-20x in profits. As we get closer to the pump, more details will follow , stay tuned! Read pinned post 😊

Hello everyone, 48 hours left until our massive 10x Pancakeswap GEM call. We can guarantee that this upcoming pump will have amazing results and You should be expecting massive profits on this one. we don’t expect this mega pump to make all our members less than 10x-20x in profits. As we get closer to the pump, more details will follow , stay tuned! Read pinned post 😊

#PRA
#C98/USDT analysis -

#C98 is in an uptrend. It recently broke out of a trendline after bouncing off the 200ema. Now, it's expected to continue its bullish momentum and test new highs. 🚀📈

TF : 4h
Entry : $0.404
Target : $0.473
SL : $0.358
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Here's the Analysis of #HOOK :

#HOOK is been kept moving back and forth between the Major Resistance zone of $1.48 - $1.52. Price now testing the zone as major support zone and expected a bounce from here. Price formed a new a resistance zone around $1.640. Accumulation can be good here to go.

#PRA
KuCoin, a cryptocurrency exchange, and two of its founders have been charged with violations of the Bank Secrecy Act and offenses related to operating a money transmission business without a license.
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XVG analysis:

Price is currently trading within a range and is hovering between the support and resistance levels. It is advisable to avoid trading in this zone and wait for confirmation of a test of the support level before entering new trades.

Support Area: $0.00484-$0.00518

Resistance Area: $0.0076-$0.0084

#PRA
#GNO/USDT analysis -

#GNO is in an uptrend, trading above the 200ema. It recently broke out of a trendline after finding support near the 200ema. Now, it's expected to test new highs. It's a good idea to enter the trade on the break of the $374.4 level.

TF : 4h
Entry : $374.4
Target : $442.1
SL : $329
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#PRA
Reply from Kucoin!
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