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#PRA
#PYR/USDT analysis -
#PYR is in an uptrend, making higher highs (HHs) and higher lows (HLs) structure while finding dynamic support over the 200 EMA.
The price is currently trading above the 200 EMA and is likely to continue its bullish momentum soon. Wait for the breakout of the trendline and enter when the price crosses the $6.912 level.
TF : 1D
Entry : $6.912
Target : $10.312
SL : $5.895
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#PYR/USDT analysis -
#PYR is in an uptrend, making higher highs (HHs) and higher lows (HLs) structure while finding dynamic support over the 200 EMA.
The price is currently trading above the 200 EMA and is likely to continue its bullish momentum soon. Wait for the breakout of the trendline and enter when the price crosses the $6.912 level.
TF : 1D
Entry : $6.912
Target : $10.312
SL : $5.895
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
Bitcoin is currently testing the $69,000-$70,000 resistance area once again. We will have to wait and see if it can break above $70,000 or not. If it fails to do so, it may fall back towards the support area.
Bitcoin is attempting to break above the resistance level but has been unsuccessful so far. There may be some upward movement when the US markets open today. A break above $70,000 will push the price towards the all-time high price.
#PRA
Crypto fear & greed Index: 76
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 78. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
Crypto fear & greed Index: 76
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 78. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
As expected, DOGE broke the falling wedge pattern in an upward direction. If you have opened long positions, increase your stop loss and hold the trade. The resistance levels remain unchanged.
DOGE continues the upward movement and now the long position is in more than 15% profit. Increase your stop loss to the breakeven point and hold the long position.
Resistance Area: $0.22-$0.24
Resistance Area: $0.22-$0.24
RG Analitics π’ [PRIVATE CHANNELπ]
#BTC experienced a bounce upon testing the support area. However, it appears that the price has been rejected from the resistance area and is currently trending downwards. Anticipate limited movement for today. We're closely observing Bitcoin's reaction uponβ¦
RG Analitics π’ [PRIVATE CHANNELπ]
#POLYX just tapped into the support zone of and made a quick bounce from the support. Price moved around 8.65% in favor. Well, price is very corrective in nature and might take a retest again, so keep an eye on that and book profits at resistance.
#POLYX made a retest but didn't tapped into the support but we're already running on our previous entry. Price made a high of $0.593, which is 17.15% in profits. It's time to secure some profits right here and hodl the major portion till $0.644 Resistance and higher.
RG Analitics π’ [PRIVATE CHANNELπ]
The TOTAL marketcap of the crypto market currently trading within a triangle pattern, with the price showing respect to both the support and resistance lines. The market will likely continue to move sideways within the triangle for the next few days. The directionβ¦
The TOTAL crypto marketcap is now breaking out of the triangle pattern. A daily candle close above the trendline is bullish and we see a good upward move in the crypto market. Bitcoin is also heading towards a new all-time price.
Major Resistance Area: $3 Trillion
Major Resistance Area: $3 Trillion
#PRA
#FARM/USDT analysis-
On the daily timeframe, following an all-time low, the price formed a symmetrical triangle pattern. The breakout resulted in a price increase of more than 117% from the breakout level.
According to price action analysis, the entry could have been taken either at the breakout or during the retest. The stop-loss would be placed below the triangle pattern or the higher low formed upon breakout.
Note: This post is purely educational in nature.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#FARM/USDT analysis-
On the daily timeframe, following an all-time low, the price formed a symmetrical triangle pattern. The breakout resulted in a price increase of more than 117% from the breakout level.
According to price action analysis, the entry could have been taken either at the breakout or during the retest. The stop-loss would be placed below the triangle pattern or the higher low formed upon breakout.
Note: This post is purely educational in nature.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#PRA
#SANTOS/USDT analysis -
#SANTOS is in an uptrend, making new highs. The price is currently consolidating over a support zone near the 200 EMA. We can expect the price to bounce back from there and test the previous swing high. Enter on the breakout of the $7.736 level.
TF : 4H
Entry : $7.736
Target : $8.883
SL : $7.050
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#SANTOS/USDT analysis -
#SANTOS is in an uptrend, making new highs. The price is currently consolidating over a support zone near the 200 EMA. We can expect the price to bounce back from there and test the previous swing high. Enter on the breakout of the $7.736 level.
TF : 4H
Entry : $7.736
Target : $8.883
SL : $7.050
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
Educational Post
Stop-Limit Order vs. Limit Order
A limit order is an order to buy or sell a specific amount of cryptocurrency at a specified price. When you place a limit order, you are essentially specifying the maximum price you're willing to pay to buy a cryptocurrency or the minimum price for which you're willing to sell it.
Typically, traders place sell limit orders above the current market price and buy limit orders below the current market price. If you place a limit order at the current market price, it will likely be filled within a few seconds (unless it's an illiquid market).
On the other hand, a stop-limit order is an order to buy or sell a cryptocurrency when it reaches a specific price, known as the stop price, and then execute the trade at a limit price you set. The limit price is the minimum amount you're willing to accept when selling or the maximum amount you're willing to pay when buying.
The main difference between the two is that a limit order is used to specify the price at which you want to buy or sell, while a stop-limit order is used to specify the price at which you want to trigger a trade and the price at which you want to execute it.
How Does a Stop-Limit Order Work?
A stop-limit order is an advanced trading order that combines elements of a stop order and a limit order. Itβs commonly used in cryptocurrency trading to automatically buy or sell a cryptocurrency once it reaches a certain price level.
The best way to understand a stop-limit order is to break it down into parts. The stop price acts as the trigger for placing a limit order. When the market reaches the stop price, it automatically creates a limit order with a custom price (limit price).
Therefore to create a stop-limit order, you need to set two different price points: a stop price and a limit price. The order becomes active and triggers the limit order when the stop price is reached. The limit price is the price at which the order will be executed once the stop price is reached.
Stop-Limit Order vs. Limit Order
A limit order is an order to buy or sell a specific amount of cryptocurrency at a specified price. When you place a limit order, you are essentially specifying the maximum price you're willing to pay to buy a cryptocurrency or the minimum price for which you're willing to sell it.
Typically, traders place sell limit orders above the current market price and buy limit orders below the current market price. If you place a limit order at the current market price, it will likely be filled within a few seconds (unless it's an illiquid market).
On the other hand, a stop-limit order is an order to buy or sell a cryptocurrency when it reaches a specific price, known as the stop price, and then execute the trade at a limit price you set. The limit price is the minimum amount you're willing to accept when selling or the maximum amount you're willing to pay when buying.
The main difference between the two is that a limit order is used to specify the price at which you want to buy or sell, while a stop-limit order is used to specify the price at which you want to trigger a trade and the price at which you want to execute it.
How Does a Stop-Limit Order Work?
A stop-limit order is an advanced trading order that combines elements of a stop order and a limit order. Itβs commonly used in cryptocurrency trading to automatically buy or sell a cryptocurrency once it reaches a certain price level.
The best way to understand a stop-limit order is to break it down into parts. The stop price acts as the trigger for placing a limit order. When the market reaches the stop price, it automatically creates a limit order with a custom price (limit price).
Therefore to create a stop-limit order, you need to set two different price points: a stop price and a limit price. The order becomes active and triggers the limit order when the stop price is reached. The limit price is the price at which the order will be executed once the stop price is reached.
The chart Above breaks down the BTC supply by on-chain cost basis, as well as by Long/Short-Term Holder cohort.
We can see that approximately 1.875M BTC (9.5% of circulating) have been acquired above $60k, with a majority designated by the Short-Term Holder cohort π΄. This will include new spot buyers, and approximately 508k BTC now held in US Spot ETFs (excl. GBTC).
We can see that approximately 1.875M BTC (9.5% of circulating) have been acquired above $60k, with a majority designated by the Short-Term Holder cohort π΄. This will include new spot buyers, and approximately 508k BTC now held in US Spot ETFs (excl. GBTC).
Analyzing #Bitcoin Long-Term Holders, we observe a rapid and significant increase in their Realized Profit/Loss Ratio, depicted as exponential and vertical. This trend emerges due to the absence of Long-Term Holders experiencing losses, particularly as the market recently surpassed previous all-time highs. Moreover, there's notable activity of Long-Term Holders capitalizing on profits, contributing to this exponential rise.
What is Unspent Realized Price Distribution ?
Unspent Realized Price Distribution refers to the distribution of the average acquisition prices of coins that have not been spent or moved since they were acquired. It provides insights into the profitability of the remaining unspent coins based on the prices at which they were acquired.
In the context of Bitcoin, Unspent Realized Price Distribution helps analyze the profitability of different cohorts of coins that have not been spent. It divides the unspent supply of Bitcoin into different cohorts, such as Long-Term Holders (LTH) and Short-Term Holders (STH), based on the duration of coin holding.
By examining the Unspent Realized Price Distribution, we can assess the average acquisition prices of the remaining unspent coins held by each cohort. This information provides an understanding of the profitability and potential selling behavior of different investor groups.
A-URPD is a variation of URPD that adjusts for coins that have not moved for an extended period. It aims to provide a more accurate representation of the price levels at which coins were acquired by filtering out long-term dormant coins. This adjustment helps in identifying price levels that are more relevant to active market participants.
Unspent Realized Price Distribution refers to the distribution of the average acquisition prices of coins that have not been spent or moved since they were acquired. It provides insights into the profitability of the remaining unspent coins based on the prices at which they were acquired.
In the context of Bitcoin, Unspent Realized Price Distribution helps analyze the profitability of different cohorts of coins that have not been spent. It divides the unspent supply of Bitcoin into different cohorts, such as Long-Term Holders (LTH) and Short-Term Holders (STH), based on the duration of coin holding.
By examining the Unspent Realized Price Distribution, we can assess the average acquisition prices of the remaining unspent coins held by each cohort. This information provides an understanding of the profitability and potential selling behavior of different investor groups.
A-URPD is a variation of URPD that adjusts for coins that have not moved for an extended period. It aims to provide a more accurate representation of the price levels at which coins were acquired by filtering out long-term dormant coins. This adjustment helps in identifying price levels that are more relevant to active market participants.
#PRA
#OOKI/USDT analysis -
#OOKI is in an uptrend, making new highs. The price is currently consolidating sideways over a support zone. We can expect the price to rise higher from the current level and test the previous price rejection level.
TF : 4H
Entry : $0.00346
Target : $0.00456
SL : $0.00275
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#OOKI/USDT analysis -
#OOKI is in an uptrend, making new highs. The price is currently consolidating sideways over a support zone. We can expect the price to rise higher from the current level and test the previous price rejection level.
TF : 4H
Entry : $0.00346
Target : $0.00456
SL : $0.00275
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#ETH Analysis :
#ETH is been winding up from the downtrend and broken the Major Resistance area of $3532 - $3613. Price already made a retest and hit the flip area too. We need a daily candle closure above the $3680 level so made the road clear for $4,000 level. Else, we'll see some strong consolidations here until #BTC plays are wild move.
#ETH is been winding up from the downtrend and broken the Major Resistance area of $3532 - $3613. Price already made a retest and hit the flip area too. We need a daily candle closure above the $3680 level so made the road clear for $4,000 level. Else, we'll see some strong consolidations here until #BTC plays are wild move.
FLUX analysis:
The current price is trading within the range of the support and resistance areas. The price may move towards the resistance area. We should observe how the price reacts upon reaching that level. As of now, it is not advisable to take any trades and it is better to wait for a better setup to appear.
Support Area: $1.06-$1.10
Resistance Area: $1.23-$1.28
The current price is trading within the range of the support and resistance areas. The price may move towards the resistance area. We should observe how the price reacts upon reaching that level. As of now, it is not advisable to take any trades and it is better to wait for a better setup to appear.
Support Area: $1.06-$1.10
Resistance Area: $1.23-$1.28
#PRA
#ACH/USDT analysis -
#ACH is in an uptrend, making higher highs (HHs) and higher lows (HLs) above the 200 EMA. The price is currently consolidating over a support zone after a correction. It is now expected to rise higher and test the previous swing high. Wait for the breakout of the $0.0372 level to go long.
TF : 4H
Entry : $0.03728
Target : $0.04967
SL : $0.03072
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#ACH/USDT analysis -
#ACH is in an uptrend, making higher highs (HHs) and higher lows (HLs) above the 200 EMA. The price is currently consolidating over a support zone after a correction. It is now expected to rise higher and test the previous swing high. Wait for the breakout of the $0.0372 level to go long.
TF : 4H
Entry : $0.03728
Target : $0.04967
SL : $0.03072
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
Bitcoin is attempting to break above the resistance level but has been unsuccessful so far. There may be some upward movement when the US markets open today. A break above $70,000 will push the price towards the all-time high price.
Bitcoin has broken above the $70,000 level and is now trading above it, with the opening of the US market bringing good upward momentum to BTC. We may see a continuation of the upward movement and possibly a break of the all-time high. The next resistance is the $75,000 level.