#GRT/USDT analysis -
#GRT is in an uptrend, making higher highs (HHs) and higher lows (HLs) while finding dynamic support over the 200ema. Currently, the price is consolidating in a mild bearish to sideways movement near the 200ema, with the slope of the ema also mildly flat.
Expect the price to find support in the current zone and soon break out of the trendline to go long. Just wait for the breakout of the $0.408 level to go long, as the price will continue its bullish trend and test new highs.
TF : 4h
Entry : $0.408
Target : $0.492
SL : $0.351
#GRT is in an uptrend, making higher highs (HHs) and higher lows (HLs) while finding dynamic support over the 200ema. Currently, the price is consolidating in a mild bearish to sideways movement near the 200ema, with the slope of the ema also mildly flat.
Expect the price to find support in the current zone and soon break out of the trendline to go long. Just wait for the breakout of the $0.408 level to go long, as the price will continue its bullish trend and test new highs.
TF : 4h
Entry : $0.408
Target : $0.492
SL : $0.351
Crypto fear & greed Index: 81
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 75. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
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 75. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#ZETA/USDT analysis-
After the listing day, the price was trading between a channel and increased more than 75% from the channel’s low till the breakout level. The price gave breakout increased more than 44% from the breakout level.
Now, the price has taken support and holding the breakout level which became a support zone. The price has potential move up further 75% from the previous breakout level and 44% from the trendline as shown in the chart.
T.F.- 1-D
ENTRY- as soon as it gives breakout i.e. around 2.4200-2.4210
SL- below support area i.e. around 1.6590
TARGET- 3.4915
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
After the listing day, the price was trading between a channel and increased more than 75% from the channel’s low till the breakout level. The price gave breakout increased more than 44% from the breakout level.
Now, the price has taken support and holding the breakout level which became a support zone. The price has potential move up further 75% from the previous breakout level and 44% from the trendline as shown in the chart.
T.F.- 1-D
ENTRY- as soon as it gives breakout i.e. around 2.4200-2.4210
SL- below support area i.e. around 1.6590
TARGET- 3.4915
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
#ANKR/USDT analysis:
On daily timeframe, the price formed cup & handle pattern inside the ascending triangle pattern.
The two bullish pattern breakouts i.e. cup & handle pattern breakout + ascending triangle pattern breakout = Double confirmation sign for the trade opportunity.
The price increased more than 75% from the breakout level till the resistance zone and it increased almost 100% till the today’s high from the breakout level.
As per the price action analysis, entry would have been taken at breakout or retest and stop loss will be below the triangle pattern or higher low when it gave breakout or below the handle of the cup & handle pattern.
Note: This is just an educational post.
On daily timeframe, the price formed cup & handle pattern inside the ascending triangle pattern.
The two bullish pattern breakouts i.e. cup & handle pattern breakout + ascending triangle pattern breakout = Double confirmation sign for the trade opportunity.
The price increased more than 75% from the breakout level till the resistance zone and it increased almost 100% till the today’s high from the breakout level.
As per the price action analysis, entry would have been taken at breakout or retest and stop loss will be below the triangle pattern or higher low when it gave breakout or below the handle of the cup & handle pattern.
Note: This is just an educational post.
#SHIB/USDT analysis -
#SHIB is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) while finding support above the 200ema. The price recently broke out of a trendline after bouncing off the 200ema. This suggests that it's likely to continue its upward trend and potentially rise even higher.
TF : 4h
Entry : $0.0000307
Target : $0.0000442
SL : $0.0000234
#SHIB is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) while finding support above the 200ema. The price recently broke out of a trendline after bouncing off the 200ema. This suggests that it's likely to continue its upward trend and potentially rise even higher.
TF : 4h
Entry : $0.0000307
Target : $0.0000442
SL : $0.0000234
KuCoin, a cryptocurrency exchange, and two of its founders have been charged with violations of the Bank Secrecy Act and offenses related to operating a money transmission business without a license.
Crypto fear & greed Index: 83
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 81. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
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 81. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
#MANTA/USDT analysis-
The price is trading between ascending triangle pattern and if it gives breakout, then it can go up as shown in chart.
T.F.- 15-Minute
ENTRY- as soon as it gives breakout i.e. 3.275-3.280
SL- below support area i.e. around 3.180
TARGET- 3.4
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
The price is trading between ascending triangle pattern and if it gives breakout, then it can go up as shown in chart.
T.F.- 15-Minute
ENTRY- as soon as it gives breakout i.e. 3.275-3.280
SL- below support area i.e. around 3.180
TARGET- 3.4
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
#FTM/USDT analysis-
The price has taken support at support zone as shown in the chart. The price is forming a descending triangle pattern and if it gives breakout, then it can go up.
T.F.- 15-Minute
ENTRY- as soon as it gives breakout i.e. around 1.0771-1.0775
SL- below support area i.e. around 1.0545
TARGET- 1.12
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
The price has taken support at support zone as shown in the chart. The price is forming a descending triangle pattern and if it gives breakout, then it can go up.
T.F.- 15-Minute
ENTRY- as soon as it gives breakout i.e. around 1.0771-1.0775
SL- below support area i.e. around 1.0545
TARGET- 1.12
Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.
Pro Analysis
#FTM/USDT analysis- The price has taken support at support zone as shown in the chart. The price is forming a descending triangle pattern and if it gives breakout, then it can go up. T.F.- 15-Minute ENTRY- as soon as it gives breakout i.e. around 1.0771…
One can initiate the trade as per the plan but in this case stop loss will be 1.0495
#OCEAN/USDT analysis-
On weekly timeframe, the price formed W pattern inside the ascending triangle pattern.
The two bullish pattern breakouts i.e. W pattern breakout + ascending triangle pattern breakout = Double confirmation sign for the trade opportunity.
The price increased more than 189% from the breakout level till the resistance zone which is shown as red line in the chart.
As per the price action analysis, weekly time-frame breakouts often consider as strong breakouts and retest will rarely happened. So, the entry would have been taken at breakout and stop loss will be below the triangle pattern or higher low when it gave breakout or below the W pattern low.
Note: This is just an educational post.
On weekly timeframe, the price formed W pattern inside the ascending triangle pattern.
The two bullish pattern breakouts i.e. W pattern breakout + ascending triangle pattern breakout = Double confirmation sign for the trade opportunity.
The price increased more than 189% from the breakout level till the resistance zone which is shown as red line in the chart.
As per the price action analysis, weekly time-frame breakouts often consider as strong breakouts and retest will rarely happened. So, the entry would have been taken at breakout and stop loss will be below the triangle pattern or higher low when it gave breakout or below the W pattern low.
Note: This is just an educational post.
#DYDX/USDT analysis -
#DYDX is on an uptrend, making new highs. The price recently broke out of a trendline and regained the 200ema level. It's expected to continue the bullish momentum and test its previous swing high. It's a good idea to enter the trade on the break of the $3.711 level.
TF : 4h
Entry : $3.711
Target : $4.385
SL : $3.338
#DYDX is on an uptrend, making new highs. The price recently broke out of a trendline and regained the 200ema level. It's expected to continue the bullish momentum and test its previous swing high. It's a good idea to enter the trade on the break of the $3.711 level.
TF : 4h
Entry : $3.711
Target : $4.385
SL : $3.338
Crypto fear & greed Index: 80
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 83. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.
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 83. The lowest low of 3 months was 48 which was noted on the 24th January 2023.
Note: This indicator shows the overall market sentiment.