πLONG: $MX by planfomo (1D)
#MXUSDT | #MX | #MX
Current Price $3.75
Market Cap $367.21M
Change 1h +0.31% | 24h -0.46%
Analysis:
The $MX chart on the MX/USDT exchange indicates a strong performance with a potential descending channel pattern. A breakout might be on the horizon, potentially taking the price up for a full send. This breakout could drive the price to higher levels within the channel.
Price Targets:
1. Potential breakout to the Golden Zone at $4.76.
2. A move past this zone could trigger further bullish momentum. Keep an eye out for price behavior around $4.76 to gauge the next move!
MX's community: @MEXCEnglish
#MXUSDT | #MX | #MX
Current Price $3.75
Market Cap $367.21M
Change 1h +0.31% | 24h -0.46%
Analysis:
The $MX chart on the MX/USDT exchange indicates a strong performance with a potential descending channel pattern. A breakout might be on the horizon, potentially taking the price up for a full send. This breakout could drive the price to higher levels within the channel.
Price Targets:
1. Potential breakout to the Golden Zone at $4.76.
2. A move past this zone could trigger further bullish momentum. Keep an eye out for price behavior around $4.76 to gauge the next move!
MX's community: @MEXCEnglish
Crypto Signals | ChartMonkey
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πLONG: $SUI by MarsSignals (1D)
#SUIUSDT | #SUI | #Sui
Current Price $0.86
Market Cap $2.10B
Change 1h +0.43% | 24h -4.32%
Daily Indicators:
β’ RSI: 38 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.97 - Below π΄
Analysis:
The SUIUSDT.1D pair shows a bullish move from the current low of $0.899 despite a persistent downtrend since May. Dominant red candles emphasize the selling pressure, but a recent uptick hints at possible recovery. Indicators like the RSI and MACD show potential trend reversals.
Price Targets:
Immediate resistance sits at $1.0031 (R1) and further at $1.1984 (R2). Support levels are noticeable at $0.7641 (S1) and $0.7530 (S2). Keep an eye on these price points for potential trade opportunities!
#SUIUSDT | #SUI | #Sui
Current Price $0.86
Market Cap $2.10B
Change 1h +0.43% | 24h -4.32%
Daily Indicators:
β’ RSI: 38 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.97 - Below π΄
Analysis:
The SUIUSDT.1D pair shows a bullish move from the current low of $0.899 despite a persistent downtrend since May. Dominant red candles emphasize the selling pressure, but a recent uptick hints at possible recovery. Indicators like the RSI and MACD show potential trend reversals.
Price Targets:
Immediate resistance sits at $1.0031 (R1) and further at $1.1984 (R2). Support levels are noticeable at $0.7641 (S1) and $0.7530 (S2). Keep an eye on these price points for potential trade opportunities!
πLONG: $CREAM by MarsSignals (1D)
#CREAMUSDT | #CREAM | #Cream
Current Price $69.33
Market Cap $116.02M
Change 1h -1.10% | 24h -4.33%
Daily Indicators:
β’ RSI: 46 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 71 - Below π΄
Analysis:
CREAMUSDT.1D is currently trading at around $69.75. The chart shows a lot of volatility in recent months. The overall sentiment looks bearish with notable fluctuations. It's wise to pay attention to the key levels to forecast potential movements.
Price Targets:
First critical level is at $55.09, known as strong previous resistance. If it dips further, watch for $39.37. On the upside, if it breaks the resistance, the next target could be around $103.92.
Cream's community: @CreamdotFinance
#CREAMUSDT | #CREAM | #Cream
Current Price $69.33
Market Cap $116.02M
Change 1h -1.10% | 24h -4.33%
Daily Indicators:
β’ RSI: 46 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 71 - Below π΄
Analysis:
CREAMUSDT.1D is currently trading at around $69.75. The chart shows a lot of volatility in recent months. The overall sentiment looks bearish with notable fluctuations. It's wise to pay attention to the key levels to forecast potential movements.
Price Targets:
First critical level is at $55.09, known as strong previous resistance. If it dips further, watch for $39.37. On the upside, if it breaks the resistance, the next target could be around $103.92.
Cream's community: @CreamdotFinance
πNEUTRAL: $SHIB by MarsSignals (1D)
#SHIBUSDT | #SHIB | #ShibaInu
Current Price $0.00
Market Cap $9.91B
Change 1h +0.20% | 24h -5.56%
Daily Indicators:
β’ RSI: 24 - Oversold π΄
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.00 - Below π΄
Analysis:
SHIBUSDT is trading at $0.00001671, continuing in a strong bearish trend with a notable 5.59% drop recently. Despite previous attempts to break out above resistance, the action has been mostly bearish over the past months, signaling a challenging environment for bulls.
Price Targets:
For a bullish reversal, look towards resistance at $0.00002155. Downward, initial support is near $0.00001360. If bearish pressure continues, keep an eye on the next support level around $0.00000543. Watch for possible consolidation near these key points.
Shiba Inu's community: @ShibaInu_Dogecoinkiller
#SHIBUSDT | #SHIB | #ShibaInu
Current Price $0.00
Market Cap $9.91B
Change 1h +0.20% | 24h -5.56%
Daily Indicators:
β’ RSI: 24 - Oversold π΄
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.00 - Below π΄
Analysis:
SHIBUSDT is trading at $0.00001671, continuing in a strong bearish trend with a notable 5.59% drop recently. Despite previous attempts to break out above resistance, the action has been mostly bearish over the past months, signaling a challenging environment for bulls.
Price Targets:
For a bullish reversal, look towards resistance at $0.00002155. Downward, initial support is near $0.00001360. If bearish pressure continues, keep an eye on the next support level around $0.00000543. Watch for possible consolidation near these key points.
Shiba Inu's community: @ShibaInu_Dogecoinkiller
πLONG: $ENA by TraderAAG (4H)
#ENAUSDT | #ENA | #Ethena
Current Price $0.55
Market Cap $943.63M
Change 1h +0.75% | 24h -3.51%
4-Hourly Indicators:
β’ RSI: 32 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.59 - Below π΄
Analysis:
ENA/USDT is testing the diagonal trendline on the 4-hour timeframe, currently sitting at support around $0.545. There's a strong potential for a bullish rally, especially if we see a breakout and retest of this trendline. Keep an eye out for upward momentum!
Price Targets:
If this breakout occurs, look to target levels at $0.65, $0.75, and potentially all the way to $1.00. However, if prices drop below support, we might see further downside. Stay alert and ready to react!
Ethena's community: @ethena_labs
#ENAUSDT | #ENA | #Ethena
Current Price $0.55
Market Cap $943.63M
Change 1h +0.75% | 24h -3.51%
4-Hourly Indicators:
β’ RSI: 32 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.59 - Below π΄
Analysis:
ENA/USDT is testing the diagonal trendline on the 4-hour timeframe, currently sitting at support around $0.545. There's a strong potential for a bullish rally, especially if we see a breakout and retest of this trendline. Keep an eye out for upward momentum!
Price Targets:
If this breakout occurs, look to target levels at $0.65, $0.75, and potentially all the way to $1.00. However, if prices drop below support, we might see further downside. Stay alert and ready to react!
Ethena's community: @ethena_labs
πNEUTRAL: $BTC by Cryptorphic (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $60089.00
Market Cap $1188.52B
Change 1h +0.13% | 24h -6.23%
Daily Indicators:
β’ RSI: 25 - Oversold π΄
β’ MACD: -1326 - Bearish π΄
β’ EMA: 66104 - Below π΄
Analysis: The latest Bitcoin chart shows the price validating with 100% accuracy at the key support level of $60k. There is strong liquidity at around $57k. A cautionary note for traders to be careful with leveraged trading as common pitfalls exist when the price is this volatile.
Price Targets: Currently, we see a strong support level at $60k and significant liquidity at $57k. If the price dips, expect it to test $57k but rebound to prove it was a false move. On the upside, if support holds well, we might see targets of $62.5k and beyond.
#BTCUSDT | #BTC | #Bitcoin
Current Price $60089.00
Market Cap $1188.52B
Change 1h +0.13% | 24h -6.23%
Daily Indicators:
β’ RSI: 25 - Oversold π΄
β’ MACD: -1326 - Bearish π΄
β’ EMA: 66104 - Below π΄
Analysis: The latest Bitcoin chart shows the price validating with 100% accuracy at the key support level of $60k. There is strong liquidity at around $57k. A cautionary note for traders to be careful with leveraged trading as common pitfalls exist when the price is this volatile.
Price Targets: Currently, we see a strong support level at $60k and significant liquidity at $57k. If the price dips, expect it to test $57k but rebound to prove it was a false move. On the upside, if support holds well, we might see targets of $62.5k and beyond.
πLONG: $TRB by CryptoPAMM (10H)
#TRBUSDT | #TRB | #TellorTributes
Current Price $100.28
Market Cap $260.61M
Change 1h +0.76% | 24h +0.63%
Analysis:
This TRBUSDT chart is showing a classic Elliott Wave pattern. We have a 5-wave upside scenario being validated by an ABC correction in wave 2. With wave (2) completed, we are now looking at the development of wave (3), suggesting further bullish momentum.
Price Targets:
The next significant levels to watch include wave (3) reaching potentially around $200 and wave (5) projecting towards $324.51. Keep an eye on these price marks as potential resistance levels where profits might be considered.
#TRBUSDT | #TRB | #TellorTributes
Current Price $100.28
Market Cap $260.61M
Change 1h +0.76% | 24h +0.63%
Analysis:
This TRBUSDT chart is showing a classic Elliott Wave pattern. We have a 5-wave upside scenario being validated by an ABC correction in wave 2. With wave (2) completed, we are now looking at the development of wave (3), suggesting further bullish momentum.
Price Targets:
The next significant levels to watch include wave (3) reaching potentially around $200 and wave (5) projecting towards $324.51. Keep an eye on these price marks as potential resistance levels where profits might be considered.
πNEUTRAL: $BTC by Bithereum_io (3D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $59999.00
Market Cap $1190.20B
Change 1h +0.23% | 24h -6.43%
Current Indicators:
β’ RSI: 30 - Neutral π
β’ MACD: -825 - Bearish π΄
β’ EMA: 66125 - Below π΄
Analysis:
The BTCUSDT 3D chart is showing a hidden bullish divergence, indicating a possible uptrend for Bitcoin. Bouncing from this critical area around $60,040 could mean a new bullish phase. However, failing to hold this level might push prices further down, making this a crucial moment.
Price Targets:
If BTC bounces, we could see a rally up to $71,620. On the flip side, if it dips further, it could reach down to $52,258.82. Keep an eye on those key levels!
#BTCUSDT | #BTC | #Bitcoin
Current Price $59999.00
Market Cap $1190.20B
Change 1h +0.23% | 24h -6.43%
Current Indicators:
β’ RSI: 30 - Neutral π
β’ MACD: -825 - Bearish π΄
β’ EMA: 66125 - Below π΄
Analysis:
The BTCUSDT 3D chart is showing a hidden bullish divergence, indicating a possible uptrend for Bitcoin. Bouncing from this critical area around $60,040 could mean a new bullish phase. However, failing to hold this level might push prices further down, making this a crucial moment.
Price Targets:
If BTC bounces, we could see a rally up to $71,620. On the flip side, if it dips further, it could reach down to $52,258.82. Keep an eye on those key levels!
πLONG: $BTC by TradingShot (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $59982.00
Market Cap $1182.92B
Change 1h -0.32% | 24h -6.48%
Daily Indicators:
β’ RSI: 24 - Oversold π΄
β’ MACD: -1348 - Bearish π΄
β’ EMA: 66086 - Below π΄
Analysis:
Bitcoin has skyrocketed to $60,000, signaling a potential end to the bear market. The recent price action and technical indicators suggest a possible trend reversal. With the price breaking through resistance levels, we might see further upward momentum.
Price Targets:
If the bullish trend continues, the next key resistance zone is around $72,000. On the downside, strong support sits at $56,550. Keep an eye on these levels for potential trading opportunities!
#BTCUSD | #BTC | #Bitcoin
Current Price $59982.00
Market Cap $1182.92B
Change 1h -0.32% | 24h -6.48%
Daily Indicators:
β’ RSI: 24 - Oversold π΄
β’ MACD: -1348 - Bearish π΄
β’ EMA: 66086 - Below π΄
Analysis:
Bitcoin has skyrocketed to $60,000, signaling a potential end to the bear market. The recent price action and technical indicators suggest a possible trend reversal. With the price breaking through resistance levels, we might see further upward momentum.
Price Targets:
If the bullish trend continues, the next key resistance zone is around $72,000. On the downside, strong support sits at $56,550. Keep an eye on these levels for potential trading opportunities!
πLONG: $PEPE by evasivesteering (1D)
#PEPEUSDT | #PEPE | #Pepe
Current Price $0.00
Market Cap $4.65B
Change 1h +3.64% | 24h +1.07%
Daily Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.00 - Below π΄
Analysis:
Long BTC at local support seems like a solid move here. Interesting to see altcoin market cap also at strong support. With an open long position on the Ether ETF hype, there's definitely some bullish sentiment in the air. The chart shows a clear descending trendline with potential for a breakout.
Price Targets:
If the setup flips bullish, look for a potential rise to around 0.00000174. Should momentum continue, next key level is around 0.00000902, giving a potential upside of 81%. Manage your trades wisely and consider stops below 0.00000090.
#PEPEUSDT | #PEPE | #Pepe
Current Price $0.00
Market Cap $4.65B
Change 1h +3.64% | 24h +1.07%
Daily Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.00 - Below π΄
Analysis:
Long BTC at local support seems like a solid move here. Interesting to see altcoin market cap also at strong support. With an open long position on the Ether ETF hype, there's definitely some bullish sentiment in the air. The chart shows a clear descending trendline with potential for a breakout.
Price Targets:
If the setup flips bullish, look for a potential rise to around 0.00000174. Should momentum continue, next key level is around 0.00000902, giving a potential upside of 81%. Manage your trades wisely and consider stops below 0.00000090.
πLONG: $INJ by evasivesteering (1D)
#INJUSDT | #INJ | #Injective
Current Price $22.34
Market Cap $2.18B
Change 1h +3.45% | 24h +9.69%
Daily Indicators:
β’ RSI: 44 - Neutral π
β’ MACD: -1 - Bearish π΄
β’ EMA: 24 - Below π΄
Analysis:
INJ is currently bouncing off a critical weekly support level, indicating a strong possibility of an upward movement. This setup looks promising, and I've decided to open a Long position based on the chart's indicators. Remember, this is just my personal view, and you should manage your own risk.
Price Targets:
Immediate target for INJ is around $29.57 with a potential extension towards the $51.79 level. Keep an eye out for any signs of resistance around these price points.
Injective's community: @joininjective
#INJUSDT | #INJ | #Injective
Current Price $22.34
Market Cap $2.18B
Change 1h +3.45% | 24h +9.69%
Daily Indicators:
β’ RSI: 44 - Neutral π
β’ MACD: -1 - Bearish π΄
β’ EMA: 24 - Below π΄
Analysis:
INJ is currently bouncing off a critical weekly support level, indicating a strong possibility of an upward movement. This setup looks promising, and I've decided to open a Long position based on the chart's indicators. Remember, this is just my personal view, and you should manage your own risk.
Price Targets:
Immediate target for INJ is around $29.57 with a potential extension towards the $51.79 level. Keep an eye out for any signs of resistance around these price points.
Injective's community: @joininjective
πLONG: $BTC by This_Guhy (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $59956.00
Market Cap $1183.79B
Change 1h +0.83% | 24h -5.87%
Daily Indicators:
β’ RSI: 25 - Oversold π΄
β’ MACD: -1341 - Bearish π΄
β’ EMA: 66091 - Below π΄
Analysis:
Unlock the hidden bullish divergence in Bitcoin following the halving event. Historical patterns show a bullish trend post-halving, great for planning buys, holds, and exits. In a bull market, buy the dips and sell the rips for max gains. The RSI hints at potential upward momentum.
Price Targets:
Current price: $60,016
Short-term target: $70,000
Medium-term target: $80,000
Long-term target: $100,000+
#BTCUSD | #BTC | #Bitcoin
Current Price $59956.00
Market Cap $1183.79B
Change 1h +0.83% | 24h -5.87%
Daily Indicators:
β’ RSI: 25 - Oversold π΄
β’ MACD: -1341 - Bearish π΄
β’ EMA: 66091 - Below π΄
Analysis:
Unlock the hidden bullish divergence in Bitcoin following the halving event. Historical patterns show a bullish trend post-halving, great for planning buys, holds, and exits. In a bull market, buy the dips and sell the rips for max gains. The RSI hints at potential upward momentum.
Price Targets:
Current price: $60,016
Short-term target: $70,000
Medium-term target: $80,000
Long-term target: $100,000+
πLONG: $KNC by evasivesteering (1W)
#KNCUSDT | #KNC | #KyberNetworkCrystal
Current Price $0.55
Market Cap $93.90M
Change 1h +0.85% | 24h +2.18%
Weekly Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.67 - Below π΄
Analysis:
Buy KNC now and hold for potential x3 gains. After consolidating for 1.5 years, it's poised for a breakout. Key SL at $0.1412 and first TP at $0.9126. Volume and RSI indicators support a bullish outlook.
Price Targets:
First TP at $0.9126, then targeting $1.2183 and $1.4163. Ultimate goal is $1.9909. Manage your risk and always use SL as mentioned. Disclaimer: This is my personal view and not financial advice.
Kyber Network Crystal's community: @kybernetwork
#KNCUSDT | #KNC | #KyberNetworkCrystal
Current Price $0.55
Market Cap $93.90M
Change 1h +0.85% | 24h +2.18%
Weekly Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.67 - Below π΄
Analysis:
Buy KNC now and hold for potential x3 gains. After consolidating for 1.5 years, it's poised for a breakout. Key SL at $0.1412 and first TP at $0.9126. Volume and RSI indicators support a bullish outlook.
Price Targets:
First TP at $0.9126, then targeting $1.2183 and $1.4163. Ultimate goal is $1.9909. Manage your risk and always use SL as mentioned. Disclaimer: This is my personal view and not financial advice.
Kyber Network Crystal's community: @kybernetwork
πNEUTRAL: $TRU by Stoic-Trader (1D)
#TRUUSDT | #TRU | #TrueFi
Current Price $0.13
Market Cap $153.64M
Change 1h +1.22% | 24h +2.88%
Daily Indicators:
β’ RSI: 37 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.16 - Below π΄
Analysis:
Weβre examining the correction phase after the black 5-wave cycle topped out. The price has hit a 50% pullback from the previous high, around $0.13542. Currently, we're waiting for a reversal pattern to form. If the current downtrend continues, it may find solid support at $0.1000.
Price Targets:
In case of a bullish reversal from the current level ($0.13542), the next immediate resistance to watch is around $0.16115. Alternatively, if the downtrend persists, we could see a drop to the $0.10969 support level, potentially hitting strong support at $0.1000.
TrueFi's community: @jointruefi
#TRUUSDT | #TRU | #TrueFi
Current Price $0.13
Market Cap $153.64M
Change 1h +1.22% | 24h +2.88%
Daily Indicators:
β’ RSI: 37 - Neutral π
β’ MACD: -0 - Bearish π΄
β’ EMA: 0.16 - Below π΄
Analysis:
Weβre examining the correction phase after the black 5-wave cycle topped out. The price has hit a 50% pullback from the previous high, around $0.13542. Currently, we're waiting for a reversal pattern to form. If the current downtrend continues, it may find solid support at $0.1000.
Price Targets:
In case of a bullish reversal from the current level ($0.13542), the next immediate resistance to watch is around $0.16115. Alternatively, if the downtrend persists, we could see a drop to the $0.10969 support level, potentially hitting strong support at $0.1000.
TrueFi's community: @jointruefi
πNEUTRAL: $BTC by PeterLBrandt (1W)
#BTCUSD | #BTC | #Bitcoin
Current Price $60074.00
Market Cap $1184.42B
Change 1h +0.14% | 24h -5.61%
Weekly Indicators:
β’ RSI: 52 - Neutral π
β’ MACD: 5023 - Bullish π’
β’ EMA: 57568 - Above π’
Analysis:
Is BTC/Gold showing a massive inverted continuation H&S? It seems so! The chart hints at a 20% drop, potentially confirming this pattern. If the ratio hits meaningful lows, we're likely to see a more suitable level soon. Keep an eye out for those movements!
Price Targets:
Short-term price target for a drop is around 23.000. If the ratio moves back up, it could aim for around 56.028. Watch these levels closely for possible confirmation of the inverted H&S pattern!
#BTCUSD | #BTC | #Bitcoin
Current Price $60074.00
Market Cap $1184.42B
Change 1h +0.14% | 24h -5.61%
Weekly Indicators:
β’ RSI: 52 - Neutral π
β’ MACD: 5023 - Bullish π’
β’ EMA: 57568 - Above π’
Analysis:
Is BTC/Gold showing a massive inverted continuation H&S? It seems so! The chart hints at a 20% drop, potentially confirming this pattern. If the ratio hits meaningful lows, we're likely to see a more suitable level soon. Keep an eye out for those movements!
Price Targets:
Short-term price target for a drop is around 23.000. If the ratio moves back up, it could aim for around 56.028. Watch these levels closely for possible confirmation of the inverted H&S pattern!
πLONG: $BTC by TopTradingSignals (2D)
#BTCUSD | #BTC | #Bitcoin
Current Price $60472.00
Market Cap $1191.01B
Change 1h +0.33% | 24h -4.31%
Analysis:
Bitcoin is moving towards a long-term rising support level, which suggests a potential bullish rebound in the near future. The chart indicates an imminent opportunity for buyers to enter the market as the price approaches the support line. Don't miss out!
Price Targets:
Look for a rebound near $60,456 with a potential rise towards $62,671. Keep an eye on these levels for a profitable entry and exit strategy. Stay informed with our forecasts and make the most of this opportunity!
#BTCUSD | #BTC | #Bitcoin
Current Price $60472.00
Market Cap $1191.01B
Change 1h +0.33% | 24h -4.31%
Analysis:
Bitcoin is moving towards a long-term rising support level, which suggests a potential bullish rebound in the near future. The chart indicates an imminent opportunity for buyers to enter the market as the price approaches the support line. Don't miss out!
Price Targets:
Look for a rebound near $60,456 with a potential rise towards $62,671. Keep an eye on these levels for a profitable entry and exit strategy. Stay informed with our forecasts and make the most of this opportunity!
πSHORT: $ETH by ProSignalsFx (4H)
#ETHUSD | #ETH | #Ethereum
Current Price $3351.46
Market Cap $401.96B
Change 1h +0.40% | 24h -1.74%
4-Hourly Indicators:
β’ RSI: 37 - Neutral π
β’ MACD: -50 - Bearish π΄
β’ EMA: 3441 - Below π΄
Analysis:
Ethereum is retesting the broken key horizontal resistance level at $3400, confirming a bearish breakout. This indicates potential for further declines. The current trend suggests a strong bearish sentiment, making it an opportune time to go short.
Price Targets:
Expecting further downside, initial targets can be set around $3250 and potentially $3100 if the bearish momentum continues. Like and subscribe to stay updated with more trading ideas!
#ETHUSD | #ETH | #Ethereum
Current Price $3351.46
Market Cap $401.96B
Change 1h +0.40% | 24h -1.74%
4-Hourly Indicators:
β’ RSI: 37 - Neutral π
β’ MACD: -50 - Bearish π΄
β’ EMA: 3441 - Below π΄
Analysis:
Ethereum is retesting the broken key horizontal resistance level at $3400, confirming a bearish breakout. This indicates potential for further declines. The current trend suggests a strong bearish sentiment, making it an opportune time to go short.
Price Targets:
Expecting further downside, initial targets can be set around $3250 and potentially $3100 if the bearish momentum continues. Like and subscribe to stay updated with more trading ideas!
πLONG: $ETH by CobraVanguard (12H)
#ETHUSD | #ETH | #Ethereum
Current Price $3378.95
Market Cap $402.18B
Change 1h +0.92% | 24h -0.84%
Current Indicators:
β’ RSI: 38 - Neutral π
β’ MACD: -56 - Bearish π΄
β’ EMA: 3512 - Below π΄
Analysis:
The ETHUSDT chart shows a downward trend but is now approaching a key Fibonacci level, which could indicate a potential reversal. There is strong support near the $3,060 level, and the RSI suggests oversold conditions. Traders should watch for a reversal signal before entering.
Price Targets:
If ETH can bounce from this support, look for a move to $3,600 (0.5 Fibonacci). Beyond that, the next targets would be $3,700 and ultimately $4,000. Conversely, if the support fails, ETH might retest $3,000. Traders, share your thoughts in the comments!
#ETHUSD | #ETH | #Ethereum
Current Price $3378.95
Market Cap $402.18B
Change 1h +0.92% | 24h -0.84%
Current Indicators:
β’ RSI: 38 - Neutral π
β’ MACD: -56 - Bearish π΄
β’ EMA: 3512 - Below π΄
Analysis:
The ETHUSDT chart shows a downward trend but is now approaching a key Fibonacci level, which could indicate a potential reversal. There is strong support near the $3,060 level, and the RSI suggests oversold conditions. Traders should watch for a reversal signal before entering.
Price Targets:
If ETH can bounce from this support, look for a move to $3,600 (0.5 Fibonacci). Beyond that, the next targets would be $3,700 and ultimately $4,000. Conversely, if the support fails, ETH might retest $3,000. Traders, share your thoughts in the comments!
πLONG: $BTC by CobraVanguard (1W)
#BTCUSD | #BTC | #Bitcoin
Current Price $61368.00
Market Cap $1208.61B
Change 1h +1.05% | 24h -2.55%
Weekly Indicators:
β’ RSI: 54 - Neutral π
β’ MACD: 5128 - Bullish π’
β’ EMA: 57652 - Above π’
Analysis:
Bitcoin has completed its 4th downtrend, signaling a bullish trend. An ascending triangle breakout could lead to the completion of its 5th wave. With BTC trading around $61,204, the breakout support and buy zone falls around $31,500.
Price Targets:
Regarding the optimistic view, the breakout could push Bitcoin to the levels of $90,000 and $145,000, with the ultimate target lying around $375,000. Share your thoughts in the comments.
#BTCUSD | #BTC | #Bitcoin
Current Price $61368.00
Market Cap $1208.61B
Change 1h +1.05% | 24h -2.55%
Weekly Indicators:
β’ RSI: 54 - Neutral π
β’ MACD: 5128 - Bullish π’
β’ EMA: 57652 - Above π’
Analysis:
Bitcoin has completed its 4th downtrend, signaling a bullish trend. An ascending triangle breakout could lead to the completion of its 5th wave. With BTC trading around $61,204, the breakout support and buy zone falls around $31,500.
Price Targets:
Regarding the optimistic view, the breakout could push Bitcoin to the levels of $90,000 and $145,000, with the ultimate target lying around $375,000. Share your thoughts in the comments.