The SHIB/USDT daily chart indicates a significant downtrend with the price closing in on the support level (S1) at 0.00001599. If the price breaches this level, it might signal further declines. The resistance levels (R2) sit far above the current price at 0.00003357, suggesting that the asset has room to recover if the momentum shifts. However, the current...
The AGIX/USDT indicates that the digital currency is currently in a bearish trend, as reflected by the recent price break below the R1 level at $0.95390. The price is approaching the S1 support level at $0.58816 and a break of this level could lead to further declines and possibly test the previous low. The RSI indicator is near 40, which is neither oversold nor...
The FLOKI/USDT 4-hour chart presents a challenging outlook. The price is currently in a downtrend, as indicated by the recent fall below the resistance level R1 at 0.00016840. The next support level, S1 at 0.00009159, is in sight and may be tested if the current bearish momentum continues. The RSI is just above the oversold line at 34.68, which can sometimes...
In this technical analysis of the CFX/USDT daily chart, we're seeing a pronounced downtrend. The price has fallen below the first resistance level (R1) at $0.2862 and is approaching the first support level (S1) at $0.1735. If this support fails to hold, it might result in the price testing the second support level (S2) at $0.1452. The RSI is just above the...
For this SAGA/USDT 4-hour chart, the outlook is quite bearish. The asset is currently trading just above the support level (S1) at $3.3039. If this level does not hold, it could indicate a further drop in price. The resistance level (R1) is situated at $4.3655. For a change in the current bearish trend, the price would need to break above this resistance level...
In this technical analysis of the BTC/USDT 4-hour chart, we see that Bitcoin has been trading within a defined range, showcasing key resistance (R) and support (S) levels. The price is currently hovering around R1 at $64,257.65, with immediate support (S1) at $59,065.59. A bearish trend was evident as the price made lower highs, confirmed by the Relative Strength...
💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status. 📚What is Market Cap USDT Dominance% (USDT.D%)❗️❓ 🔸Market Cap USDT Dominance% (USDT.D%) shows what percentage of the money is on USDT. There are 2 causes of the increase of USDT dominance. 🔸The first is that investors put cash on the...
In this analysis I want to take a look at one of my more popular indicators; Bitcoin's Logarithmic Price Bands. In case you want to know more about this indicator, please check out the link on the bottom of this post. Back in March I made an analysis with the same title, where I argued that Bitcoin had entered an area of danger (the yellow mid band of the...
Normally I don't look that much at moving averages because they are largely lagging indicators. However, sometimes the indicator shows a strong divergence. As seen on the chart, the 200 EMA has offered strong support on the way up, but has now caused a strong rejection, making way for the bears to push the price further down. Like mentioned in the analysis...
Hi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price some time ago started to trades in consolidation, where the price in a short time declined to the resistance level, which coincided with the bottom part of the range with the resistance zone. After this movement, ETH some time traded near this level and then...
Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price reached the 70000 resistance level, which coincided with the resistance zone, but at once turned around and in a short time declined to the 62000 support level and even lower support zone, reaching the trend line. After this, BTC soon rebounded up, breaking the support level again, and...
It's Strongly Rejecting The Resistance (4.90% - 5.23% ).... BreakOut Will Lead Crypto Market To Bleed BreakDown Will Turn Crypto Market Into Bullish USDT Dominance Works Opposite To Crypto Market Let’s Wait And Watch Which Side Will Be Played Out!
FPMARKETS:SANTOS UPDATE FPMARKETS:SANTOS is at a strong support level. And getting a good bounce. We can see gain here upto 100%+ soon. #SANTOS #SANTOSBTC #SANTOSUSDT #SANTOSBNB #BNB #BTC CRYPTOCAP:SOL #CRYPTO
#PSGUSDT UPDATE BME:PSG is at a strong support level. Already retesting completed. Now gett a good volume. We can see gain here upto 50%+ soon #PGX #PGXBTC #PGXUSDT #PGXBNB #CRYPTO
In this analysis I want to discuss the possibility of Bitcoin forming massive cup and handle pattern, spanning over nearly 3 years. With the halving coming up, Bitcoin's short-term price outlook has turned out sour. With this signal I want to prepare ourselves for the possibility of Bitcoin giving away all of 2024's gains and retesting the 40k-35k area. My...
Hello traders, I want share with you my opinion about Ripple. Observing the chart, we can see that the price some time ago, and started to trades in the range, where it at once rose to the top part of this pattern and some time traded near. After this, the price turned around from the top part of the range, and in a short time declined to the seller zone, which...
- On this Chart i use zero indicator and just the trend. - Some basic supports and resistances. - What we can see and deduct ? - Tether jumped from 0.01% to 1% dominance from 2015 to 2018. - from 2019 to 2023 USDT.Dom growed from 1% to 10%. - now the trend is still evolving in a steady broadening trumpet formation. - Do you really believe Tether would reach 35%...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance level, which coincided with resistance area, and fell to $496 points, breaking $530 level. After this, price turned around and started to rise in pennant, where BNB in a short time rose to resistance line. Thereby price...