VectorAlgo

VectorAlgo Updated 

The BINANCE:DYDXUSDT pair is exhibiting a notable resurgence from its support zone, indicating a prevailing bullish sentiment. While a minor correction remains a possibility, its likelihood appears diminished. Nevertheless, it's prudent to maintain a Dollar-Cost Averaging (DCA) strategy, with a focus on a threshold of 2.0 in the event of a price...

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#RLCUSDT Analysis Description --------------------------------------------------------------- + RLC is presently consolidating near the resistance zone, displaying a consolidation pattern akin to its previous two consolidations. + Although this pattern may seem unconventional for trading, I maintain optimism regarding RLC's potential to adhere to this pattern and...

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--------------------------------------------------------------- Description --------------------------------------------------------------- + SUSHI formed a symmetric triangle and waiting on breakout + Symmetric triangle formation will be a good opportunity for a trade entry + The target for the trade is next resistance....

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--------------------------------------------------------------- Description --------------------------------------------------------------- + THETA is breaking out from the falling wedge. + this clear breakout gives a us good opportunity for a long trade. + We can expect a minor correction, however our stoploss is good enough not to get...

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--------------------------------------------------------------- Description --------------------------------------------------------------- + CRV broke-out the descending triangle and headed towards the next resistance + This is a good opportunity to enter the trade. + We can expect the price to reach upto 0.6469...

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--------------------------------------------------------------- Description --------------------------------------------------------------- + FIL has recently formed a notable double bottom pattern. + Overall, FIL exhibits strong bullish sentiment, with the next target projected at 8.115. + This rebound from support suggests a promising trend...

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#OXT/USDT Analysis Description --------------------------------------------------------------- + As you can see in the 1 Day chart, OXT is showing clear confirmation of breakout from the resistance and currently trade around the resistance zone. + i'm seeing this as a good chance to enter a long trade with a nice profit chance. + i'm keeping the stoploss around...

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#ORDI/USDT Analysis Description --------------------------------------------------------------- + ORDI is clearly around the support zone, i see two support zone for the ORDI to bounce back from + 1st Support is around 59.794 and second one is around 56.266 I'm expecting the ORDI to bounce back between these two support zones + If the this support range breaks...

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#PENDLE/USDT Analysis Description --------------------------------------------------------------- + As depicted in the chart, the price of PENDLE has broken out of the channel after trading within it for approximately a month. + This bearish breakout suggests an imminent phase of price consolidation following a bullish trend that persisted for over a month. +...

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Bullish divergence on the Relative Strength Index (RSI) indicates a promising outlook for BINANCE:COTIUSDT , suggesting a potential uptrend in the near future. This divergence typically occurs when the price of an asset moves in the opposite direction to the RSI indicator, signaling a potential shift in market sentiment. Moreover, recent price action has shown...

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#SC/USDT Analysis Description --------------------------------------------------------------- + SC is currently moving towards the support line, if the it goes in this direction i'm expecting a nice double top pattern which is more bearish for SC. + I'm expecting this trend to continue and hit the next support before consolidating. + I'm not waiting for double...

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#STG/USDT Analysis Description - STG has formed a nice descending triangle and currently in decision phase of whether this will breakout upwards or downwards. - No matter in which direction the price breaks the triangle I see a good trade opportunity. - If the price breaks above the resistance line then we can enter a LONG trade around 0.6593 - If the price...

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#TRX/USDT Analysis Description --------------------------------------------------------------- + TRX has been moving upwards slowly while forming the cup pattern. + This slow move of the TRX has given it enough time for the accumulation + Once the price breaks this resistance line i'm expecting back to back God Candles. + This is a good opportunity to enter a...

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The Bitcoin price has shown strong signs of recovery, positioning itself for a potential upward trend as the market anticipates the next Bitcoin halving event. As the halving approaches, historically, Bitcoin has seen significant price increases due to the reduced supply of new coins entering circulation. This pattern is expected to continue, further driving the...

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- USDT.D's current trend reflects weakening dominance in the market. - The breakdown signals potential changes in market sentiment. - Loss of support at MA 100 suggests a long-term bearish outlook. - The retest below horizontal support is a critical phase to monitor. - Future market trends may be influenced by USDT.D's movement. - The inverse relationship with...

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--------------------------------------------------------------- Description --------------------------------------------------------------- + The double bottom pattern stands out as one of the most reliable indicators of a potential reversal in market sentiment. Its appearance often heralds a shift from a downtrend to an uptrend, making it a favored pattern...

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--------------------------------------------------------------- Description --------------------------------------------------------------- + As per the analysis i have added in the chart, UNFI just broke out from the descending triangle + This breakout is a nice indication of the bullish momentum + My next target is the resistance around...

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On 1W chart LTC is consolidating in the support zone and this consolidation is good for the next trend of the LTC in the bull market. This is a good place to buy some LTC and hold for the long period and sell it during the upcoming bull run Allocate only small portion of your overall investment portfolio for this. Preferrably less than 0.5% Regards, VectorAlgo