ONG analysis:
Price is now trading at the support zone. There is a descending triangle formed on the daily timeframe. We are near the decision area and will see a breakout soon. Better to wait for a break on either side before opening any position in ONG.
Support Area: $0.30-$0.32
Resistance Area: $0.35-$0.36
Price is now trading at the support zone. There is a descending triangle formed on the daily timeframe. We are near the decision area and will see a breakout soon. Better to wait for a break on either side before opening any position in ONG.
Support Area: $0.30-$0.32
Resistance Area: $0.35-$0.36
#PRA
#BLZ / USDT :
TF : 4H
- The price is currently moving in a downtrend below the 50 EMA. The price is currently trading in a resistance zone .
- It is anticipated that the price will be rejected from this zone and continue its downward trend to potentially test its previous swing low. To manage risk, place a stop loss above the resistance zone.
Plan :
Entry : $0.300
Target : $0.272
SL : $0.319
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#BLZ / USDT :
TF : 4H
- The price is currently moving in a downtrend below the 50 EMA. The price is currently trading in a resistance zone .
- It is anticipated that the price will be rejected from this zone and continue its downward trend to potentially test its previous swing low. To manage risk, place a stop loss above the resistance zone.
Plan :
Entry : $0.300
Target : $0.272
SL : $0.319
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
Notice of Removal of Spot Trading Pairs - 2024-02-02
https://www.binance.com/en/support/announcement/b003f46ecdf44015b84fbe4128193085
https://www.binance.com/en/support/announcement/b003f46ecdf44015b84fbe4128193085
Binance
Notice of Removal of Spot Trading Pairs - 2024-02-02 | Binance Support
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians , To protect users and maintain a high quality trading market, Binance ...
RG Analitics π’ [PRIVATE CHANNELπ]
Bitcoin is currently testing the daily resistance area and signaling a potential breakout. A bullish candle close above this level may propel the price towards the $45,000 level. Conversely, a rejection from this point could lead to a move towards the localβ¦
Bitcoin is currently struggling to break above the trendline, and the price is trading below the resistance level. There's a possibility of testing the local support area soon. Brace for potential sideways movement between the support and resistance levels.
RG Analitics π’ [PRIVATE CHANNELπ]
#Bitcoin kept on going as anticipated, price did made a retest back to the major support area and pushing higher. The key area will remain the same for reaching out and also there was a large consolidation on chart looking left, so we can still expect theβ¦
#BTC Hourly TF View :
#bitcoin made a push lower and tapped into structural support zone, where price is reacting off. As per the Daily TF, we still have the range to move up but there're possibility that price can move into the major support zone before reaching up, this is because H4 structure seems to be slight bearish.
#bitcoin made a push lower and tapped into structural support zone, where price is reacting off. As per the Daily TF, we still have the range to move up but there're possibility that price can move into the major support zone before reaching up, this is because H4 structure seems to be slight bearish.
RG Analitics π’ [PRIVATE CHANNELπ]
#SUPER made a breakout over the Resistance zone and gave a shallow closing above it. Well, we already saw a fakeout looking left, so have to wait for the Daily candle sustaining over it by a close. Buy setups can come with the retest of the zone.
#SUPER gave a break above of the resistance but daily ended being a rejection. Now, expected a clear move down till Strong Support Zone of $0.49 - $0.51. Shorts can be taken with the retest of the structural resistance.
RG Analitics π’ [PRIVATE CHANNELπ]
GRT is been rejecting the support area strongly and now kinda forming the Inverse Head & Shoulder Pattern, which is a reversal pattern. Now, price need to flip above the Structural resistance zone of $0.16, to turn the structure bullish and break of the patternβ¦
GRT recently tested a resistance area but was rejected from there. That's why we advised you to open a position only after a successful breakout and retest. There's a possibility of a test of the support area in the coming days. If that happens, you can place buy orders near the support area to initiate new long positions.
Support Area: $0.14-$0.147
Resistance Area: $0.16-$0.164
Support Area: $0.14-$0.147
Resistance Area: $0.16-$0.164
#PRA
#TRB / USDT :
TF : 1D
- The price is currently in an uptrend, forming higher highs and higher lows. After a strong bullish momentum, the price is now in a correction phase .
- Price is consolidating near its previous resistance zone, which has now become a support level. It is anticipated that the price will continue its bullish momentum and potentially test its previous highs.
Expected Returns : 30-85%
Plan :
Entry : $121.6
Targets : $157.4 and $227.1
SL : $84.4
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#TRB / USDT :
TF : 1D
- The price is currently in an uptrend, forming higher highs and higher lows. After a strong bullish momentum, the price is now in a correction phase .
- Price is consolidating near its previous resistance zone, which has now become a support level. It is anticipated that the price will continue its bullish momentum and potentially test its previous highs.
Expected Returns : 30-85%
Plan :
Entry : $121.6
Targets : $157.4 and $227.1
SL : $84.4
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
#TOTAL MARKET CAP UPDATE : Index changed the market structure flipped the bearish, and given a close below too. Moreover, if we look into weekly TF, Weekly says some huge rejection past few weeks and this might be the final one. Well, overall now market kindaβ¦
#TOTAL MARKET CAP UPDATE :
Total MarketCap moved a anticipated, Index dipped down into the support zone and rejected it strongly, also, Made a quick flip above the structural resistance zone now. Currently, a retest happening and need to see it hodling above the zone then a min-term rally in the market. In case of Daily again closing below then a short correction will hit the market again.
Total MarketCap moved a anticipated, Index dipped down into the support zone and rejected it strongly, also, Made a quick flip above the structural resistance zone now. Currently, a retest happening and need to see it hodling above the zone then a min-term rally in the market. In case of Daily again closing below then a short correction will hit the market again.
RG Analitics π’ [PRIVATE CHANNELπ]
What Are Liquid Staking Derivatives? Liquid Staking Derivatives (LSDs) are financial instruments that represent staked tokens in a DeFi protocol. They allow users to access the liquidity of their staked assets, which can then be used in other DeFi applications.β¦
Benefits vs Risk in LSD
Benefits of Liquid Staking Derivatives
The benefits of liquid staking derivatives are numerous. For one, they offer users greater flexibility and liquidity than traditional staking, allowing them to participate in other DeFi applications concurrently. Liquid staking derivatives also make staking more accessible to a wider range of users, as they eliminate the need for technical know-how and minimize the barriers to entry. Additionally, they can potentially increase the value of staked assets, as the derivatives themselves may have value on secondary markets.
Risks of Liquid Staking Derivatives
While liquid staking derivatives offer many advantages, they also come with their own set of risks. One of the most significant risks is the potential for smart contract bugs or security breaches, which could lead to the loss of staked assets or derivatives.
Additionally, there is the risk of impermanent loss when providing liquidity to such pools, as the value of the derivatives may fluctuate relative to the underlying assets. As with any DeFi investment, it's important to conduct due diligence and carefully consider the risks before investing in liquid staking derivatives.
Benefits of Liquid Staking Derivatives
The benefits of liquid staking derivatives are numerous. For one, they offer users greater flexibility and liquidity than traditional staking, allowing them to participate in other DeFi applications concurrently. Liquid staking derivatives also make staking more accessible to a wider range of users, as they eliminate the need for technical know-how and minimize the barriers to entry. Additionally, they can potentially increase the value of staked assets, as the derivatives themselves may have value on secondary markets.
Risks of Liquid Staking Derivatives
While liquid staking derivatives offer many advantages, they also come with their own set of risks. One of the most significant risks is the potential for smart contract bugs or security breaches, which could lead to the loss of staked assets or derivatives.
Additionally, there is the risk of impermanent loss when providing liquidity to such pools, as the value of the derivatives may fluctuate relative to the underlying assets. As with any DeFi investment, it's important to conduct due diligence and carefully consider the risks before investing in liquid staking derivatives.
RG Analitics π’ [PRIVATE CHANNELπ]
#COMP / USDT : TF : 4h Trend : Uptrend , Price trading above 200Ema . -Price is consolidating over support zone . -Recently price has breakout Trendline . Bullish momentum is expected to its next Resistance level . -Current price looks good for buyingβ¦
#PRA
#Comp has hit our Target Level β stay tuned for more such trades π .
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#Comp has hit our Target Level β stay tuned for more such trades π .
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#PRA
#PNT / USDT :
TF : 1H
- The price is currently moving in a downtrend, forming new lows. After a period of sideways consolidation within a range .
- The price has broken down below the range, indicating a continuation of the downtrend. It is anticipated that the price will soon test its previous swing low.
Plan :
Entry : $0.151
Target : $0.142
SL : $0.158
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#PNT / USDT :
TF : 1H
- The price is currently moving in a downtrend, forming new lows. After a period of sideways consolidation within a range .
- The price has broken down below the range, indicating a continuation of the downtrend. It is anticipated that the price will soon test its previous swing low.
Plan :
Entry : $0.151
Target : $0.142
SL : $0.158
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
Here's the Analysis of #FET :
FET is been moving between the Major Support Zone of $0.56 -$0.60 and Major Resistance Zone of $0.71 - $0.75. Well, price is moving in a very corrective manner and expected a bounce from here but Market structure on Daily and H4 TF moving bearish, so better wait for the buys.
FET is been moving between the Major Support Zone of $0.56 -$0.60 and Major Resistance Zone of $0.71 - $0.75. Well, price is moving in a very corrective manner and expected a bounce from here but Market structure on Daily and H4 TF moving bearish, so better wait for the buys.
#PRA
#VIDT / USDT :
TF : 1D
- The price is currently in an uptrend above the 200 EMA. It's going through a correction phase and is likely to approach its support zone.
- From this zone, we can expect a bullish momentum to kick in. The price will continue its upward movement from the support zone and will test the previous swing high.
- So, keep an eye out for a bounce back from the support zone for a potential long entry.
Expected Returns : 35-40%
Plan :
Entry : $0.0264
Target : $0.0364
SL : $0.0217
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#VIDT / USDT :
TF : 1D
- The price is currently in an uptrend above the 200 EMA. It's going through a correction phase and is likely to approach its support zone.
- From this zone, we can expect a bullish momentum to kick in. The price will continue its upward movement from the support zone and will test the previous swing high.
- So, keep an eye out for a bounce back from the support zone for a potential long entry.
Expected Returns : 35-40%
Plan :
Entry : $0.0264
Target : $0.0364
SL : $0.0217
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
#BTC Hourly TF View : #bitcoin made a push lower and tapped into structural support zone, where price is reacting off. As per the Daily TF, we still have the range to move up but there're possibility that price can move into the major support zone beforeβ¦
#BTC goes with the 2nd scenario, tries to push from the structural level but dropped back to wards the major support zone. Now, price is anticipated to push higher and move back to up the structural resistance zone and major resistance zone too around $45,000.
RG Analitics π’ [PRIVATE CHANNELπ]
#PRA #SPELL/USDT : TF : 4H - The price is currently moving in a downtrend below the 200 Exponential Moving Average (EMA). It is currently rejecting from a resistance zone after retesting it. - The expectation is for the price to test its previous swingβ¦
#PRA
β The price has reached 50% of the targeted profit β . It would be wise to consider starting partial booking of the profits and trailing your stop loss to the entry price.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
β The price has reached 50% of the targeted profit β . It would be wise to consider starting partial booking of the profits and trailing your stop loss to the entry price.
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
RG Analitics π’ [PRIVATE CHANNELπ]
Bitcoin is currently struggling to break above the trendline, and the price is trading below the resistance level. There's a possibility of testing the local support area soon. Brace for potential sideways movement between the support and resistance levels.
Bitcoin made another attempt to break above the resistance line but faced rejection. The price is currently heading towards the local support area, aligning with our expectations. Observing how the price reacts at this local support will be crucial. A break below the local support area may lead to a decline towards the $40,000 level.
Local Support: $41,580 - $41,800
Daily Resistance Zone: $43,000 - $43,500
Local Support: $41,580 - $41,800
Daily Resistance Zone: $43,000 - $43,500
MATIC Analysis:
The price has formed a Head & Shoulders pattern on the daily timeframe, which typically signals a bearish trend. To avoid further downward movement, the price must hold the support level; otherwise, there's a potential for a decline towards the next major support area ranging from $0.495 to $0.515. If you're considering opening a long position, it's advisable to place your orders near the support area and implement tight stop-loss measures.
Support Area: $0.72-$0.75
Major Resistance Area: $1.04-$1.09
The price has formed a Head & Shoulders pattern on the daily timeframe, which typically signals a bearish trend. To avoid further downward movement, the price must hold the support level; otherwise, there's a potential for a decline towards the next major support area ranging from $0.495 to $0.515. If you're considering opening a long position, it's advisable to place your orders near the support area and implement tight stop-loss measures.
Support Area: $0.72-$0.75
Major Resistance Area: $1.04-$1.09