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😶 Neutral 🟡 : Analysis: Ethereum (ETH) Showing Bullish Reversal Patterns
Pair: #ETHUSDT
Interval: 60
Date: 16/11/2024 07:26
Exchange: Binance

The head and shoulders formation was recently completed by Ethereum, leading to a corrective decline towards lower levels. A bullish double bottom is being formed near the $2,918 support level, indicating a potential reversal zone for a long position. Crucial resistance levels to watch for a breakout are $3,150 and $3,360, while the primary support area and potential accumulation zone are at $2,918–$2,881. If the double bottom confirms, a rally towards $3,360 and potentially higher could be expected. Traders are advised to monitor confirmation of the double bottom or rejection at resistance levels before considering entering positions.

#ETHUSDT is tradable on Binance 🚀💰

#ETHUSDT | #Ethereum | #Binance
🤩 Long 🟢 : Potential Upsurge Expected for ADAUSDT
Pair: #ADAUSDT
Interval: 1W
Date: 16/11/2024 07:41
Exchange: Binance

The cup and handle resistance has been surpassed by the price, but it does not necessarily indicate a break in resistance. Confirmation of the breakout will depend on the closing of the weekly candle. If the breakout is confirmed, a potential price increase of 48 cents, equal to CD, may be anticipated based on the AB range measurement.

#ADAUSDT is tradable on Binance 🚀💰

#ADAUSDT | #Cardano | #Binance
🤩 Long 🟢 : Bitcoin's Potential Price Surge to $100,000: Anticipating Market Correction
Pair: #BTCUSD
Interval: 60
Date: 16/11/2024 08:21
Exchange: Binance

Bitcoin (BINANCE:BTCUSD) is currently consolidating post a strong rally, potentially gearing up for further upward movement towards the 95K-100K target. The fundamental support remains robust, with Trump's influence on the market being notable. Bitcoin has shown a 34% strengthening, and technical indicators suggest a possible continuation of the rally, with resistance at 91650 and support at 90300.

#BTCUSD is tradable on Binance 🚀💰

#BTCUSD | #Bitcoin | #Binance
🤩 Long 🟢 : "Doge Coin Poised for Significant Growth"
Pair: #DOGEUSDT
Interval: 120
Date: 16/11/2024 07:59
Exchange: Binance

The coin is considered to have strong growth potential and could potentially reach one dollar next year. A flag pattern has been observed within an ascending channel in the 2-hour time frame, signaling a potential price increase if the flag pattern is broken out of.

#DOGEUSDT is tradable on Binance 🚀💰

#DOGEUSDT | #Dogecoin | #Binance
🤩 Long 🟢 : Analysis: DOGS/USDT Poised for Breakout Following Recent Downtrend
Pair: #DOGSUSDT
Interval: 1D
Date: 16/11/2024 08:55
Exchange: Binance

The descending channel was broken, indicating a potential reversal. The $0.0005900 support zone, known as the Quasimodo level, is a critical demand area. A bullish engulfing candle near support suggests buying interest. A rally towards $0.0007940 resistance is expected after a possible QML zone retest. Failure to hold the QML zone may signal a return to the previous downtrend.

#DOGSUSDT is tradable on Binance 🚀💰

#DOGSUSDT | #DOGS | #Binance
😶 Neutral 🟡 : "Latest XRP Developments Update"
Pair: #XRPUSDT
Interval: 1D
Date: 16/11/2024 13:19
Exchange: Binance

The flat correction of Black wave 2 was completed, and the wave 3 pump is currently underway. Resistance may be encountered in the 1.1-1.3 zone originating from 2021 for the conclusion of this wave and the commencement of the Black 4 correction. Pullbacks will be awaited before considering long trades due to the significantly overbought RSI.

#XRPUSDT is tradable on Binance 🚀💰

#XRPUSDT | #XRP | #Binance
😶 Neutral 🟡 : Analysis of Doge in the Financial Market
Pair: #DOGEUSDT
Interval: 60
Date: 16/11/2024 15:02
Exchange: Binance

Doge is displaying bullish momentum in high time frames. A symmetrical triangle pattern has formed in lower time frames. A short position towards $0.31 may be considered if the price breaks below the triangle's bottom line. Adding volume to long positions is recommended if the top line is breached. The blue area presents a potential opportunity for long positions. Doge's purpose remains to be seen.

#DOGEUSDT is tradable on Binance 🚀💰

#DOGEUSDT | #Dogecoin | #Binance
😵 Short 🔴 : Anticipating Significant BTCUSDT Price Decline Followed by Correction
Pair: #BTCUSDT
Interval: 1D
Date: 16/11/2024 15:58
Exchange: Binance

A new range zone may be formed or a short-term fall and correction anticipated, as indicated by the red arrows on the chart. It should be noted that the market remains bullish in the long term. Investors are advised to trade based on their own decisions.

#BTCUSDT is tradable on Binance 🚀💰

#BTCUSDT | #Bitcoin | #Binance
🤩 Long 🟢 : Potential Future Upside for SHIBUSDT
Pair: #SHIBUSDT
Interval: 1D
Date: 16/11/2024 15:58
Exchange: Binance

Continued pump is anticipated from the daily supports as indicated on the chart. Traders are advised to make independent decisions when trading.

#SHIBUSDT is tradable on Binance 🚀💰

#SHIBUSDT | #SHIB | #Binance
😶 Neutral 🟡 : "Analysis of XLM's Three-Day Performance"
Pair: #XLMUSDT
Interval: 3D
Date: 16/11/2024 21:14
Exchange: Binance

The current price pump is identified as black wave 3, with pullback opportunities for black 4 anticipated as long trades. An important resistance level is noted in the 0.22-0.24 zone, potentially serving as the target for black 3. The possibility exists that this scenario is unfolding within a larger wave 3 o3 C (gray), with further price action awaited before drawing conclusions.

#XLMUSDT is tradable on Binance 🚀💰

#XLMUSDT | #Stellar | #Binance