Forwarded from CoinCodeCap Analysis (TA&FA) 🔐
$HNT
Trade setup: Trends are mixed but improving. This asset is outperforming the market, acting quite well in the recent correction. Price is up +45% since we highlighted it as HOT trade setup. It's now broken through 200-day MA and $5.50 stiff resistance, which renews the long-term uptrend. We kept the position and moved up my Stop Loss at $5.30. Potential upside to $8.00 resistance.(set a price alert).
Pattern: Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Trend: Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Neutral.
Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $4.00, then $3.00. Nearest Resistance Zone is $8.00.
C3 Admin B
Trade setup: Trends are mixed but improving. This asset is outperforming the market, acting quite well in the recent correction. Price is up +45% since we highlighted it as HOT trade setup. It's now broken through 200-day MA and $5.50 stiff resistance, which renews the long-term uptrend. We kept the position and moved up my Stop Loss at $5.30. Potential upside to $8.00 resistance.(set a price alert).
Pattern: Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Trend: Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Neutral.
Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $4.00, then $3.00. Nearest Resistance Zone is $8.00.
C3 Admin B
📖#Learning #CCCTradingLesson
🎓#Daily #cryptoeducation 📚
•Trade with the trend instead of against it to improve your chances of success.
🎓#Daily #cryptoeducation 📚
•Trade with the trend instead of against it to improve your chances of success.
Forwarded from CoinCodeCap Analysis (TA&FA) 🔐
$KAS
Trade setup: Remains in a long-term Uptrend. Pullback to $0.15 support and 200-day moving average is a swing trade opportunity with +35% upside potential to $0.19. Stop Loss at $0.135. (set a price alert)
Pattern: Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).
Trend: Short-term trend is Down, Medium-term trend is Neutral and Long-term trend is Strong Up.
Momentum is Bearish ( MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $0.15, then $0.125. Nearest Resistance Zone is $0.194, then $0.24.
C3 ADMIN B
Trade setup: Remains in a long-term Uptrend. Pullback to $0.15 support and 200-day moving average is a swing trade opportunity with +35% upside potential to $0.19. Stop Loss at $0.135. (set a price alert)
Pattern: Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).
Trend: Short-term trend is Down, Medium-term trend is Neutral and Long-term trend is Strong Up.
Momentum is Bearish ( MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $0.15, then $0.125. Nearest Resistance Zone is $0.194, then $0.24.
C3 ADMIN B
📖#Learning #CCCTradingLesson
🎓#Daily #cryptoeducation 📚
•Pay attention to volume trends to confirm the strength of price movements.
🎓#Daily #cryptoeducation 📚
•Pay attention to volume trends to confirm the strength of price movements.
Forwarded from CoinCodeCap Analysis (TA&FA) 🔐
$XMR
Trade setup: Trends are mixed but price remains in a long-term Uptrend. It's trading in a Sideways Channel. Swing Traders: can trade the Channel, enter near channel support of $146-$150, with +20% upside potential to $180. Stop Loss (SL) at $134 (below prior swing low). Trend Traders: wait for price to breakout out of the Sideways Channel, above the $180 resistance to signal continuation of Uptrend, with +10% potential upside to $200. Learn to trade breakouts in Lesson 7. XMR was delisted on OKX and Binance in February, which lead to the big gap down. However, recently, Coinbase has relisted XMR on its exchange. (set a price alert).
Pattern: Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range - Buy near Support and Sell near Resistance.
Trend: Short-term trend is Down, Medium-term trend is Down and Long-term trend is Strong Up.
Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $150.00, then $116.00. Nearest Resistance Zone is $180.00, then $200.00.
C3 Admin B
Trade setup: Trends are mixed but price remains in a long-term Uptrend. It's trading in a Sideways Channel. Swing Traders: can trade the Channel, enter near channel support of $146-$150, with +20% upside potential to $180. Stop Loss (SL) at $134 (below prior swing low). Trend Traders: wait for price to breakout out of the Sideways Channel, above the $180 resistance to signal continuation of Uptrend, with +10% potential upside to $200. Learn to trade breakouts in Lesson 7. XMR was delisted on OKX and Binance in February, which lead to the big gap down. However, recently, Coinbase has relisted XMR on its exchange. (set a price alert).
Pattern: Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range - Buy near Support and Sell near Resistance.
Trend: Short-term trend is Down, Medium-term trend is Down and Long-term trend is Strong Up.
Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $150.00, then $116.00. Nearest Resistance Zone is $180.00, then $200.00.
C3 Admin B
📖#Learning #CCCTradingLesson
🎓#Daily #cryptoeducation 📚
•Use fundamental analysis to evaluate the true value of an asset before trading.
🎓#Daily #cryptoeducation 📚
•Use fundamental analysis to evaluate the true value of an asset before trading.
Forwarded from CoinCodeCap Analysis (TA&FA) 🔐
$XRP
Trade setup: Price is in an uptrend as price has broken back above 200-day moving average. Price also made a Higher Low (above the low from early July of $0.38), which is positive. Pullback near $0.57 key level could be another swing trade entry in Uptrend with +15% upside potential back to $0.67. Stop Loss at $0.53.
Pattern: Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Trend: Short-term trend is Up, Medium-term trend is Up and Long-term trend is Up.
Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67, then $0.75.
Buy it on Degate
C3 ADMIN B
Trade setup: Price is in an uptrend as price has broken back above 200-day moving average. Price also made a Higher Low (above the low from early July of $0.38), which is positive. Pullback near $0.57 key level could be another swing trade entry in Uptrend with +15% upside potential back to $0.67. Stop Loss at $0.53.
Pattern: Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Trend: Short-term trend is Up, Medium-term trend is Up and Long-term trend is Up.
Momentum: Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance: Nearest Support Zone is $0.50, then $0.42. Nearest Resistance Zone is $0.67, then $0.75.
Buy it on Degate
C3 ADMIN B
📖#Learning #CCCTradingLesson
🎓#Daily #cryptoeducation 📚
•Learn about market psychology and how it can affect price changes.
🎓#Daily #cryptoeducation 📚
•Learn about market psychology and how it can affect price changes.
$TIAUSDT
The price has broken the ascending triangle. Currently, it is testing out the triangle. A successful test would serve as a bullish confirmation.
Buy it on Degate
The price has broken the ascending triangle. Currently, it is testing out the triangle. A successful test would serve as a bullish confirmation.
Buy it on Degate
$SOLUSDT
The price has broken the descending triangle with a good volume. A retest of the triangle will provide bullish confirmation.
Buy it on Degate
The price has broken the descending triangle with a good volume. A retest of the triangle will provide bullish confirmation.
Buy it on Degate
📖#Learning #CCCTradingLesson
🎓#Daily #cryptoeducation 📚
•Watch how different markets move together to understand their relationships.
🎓#Daily #cryptoeducation 📚
•Watch how different markets move together to understand their relationships.