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USDT-D

ALGOUSDT.1DOn the daily chart for Algorand (ALGO/USDT), ALGO appears to be in a downtrend, as highlighted by the descending trendline. The price has recently faced rejection at this trendline and is currently trading at $0.1994. There is a crucial support level (S1) at $0.1319, which could be an area of interest for buyers. Resistance levels are established at $0.2846 (R2) and $0.3373 (R3), with R1 being the descending trendline itself. The RSI is below the midpoint at 46.63, suggesting mild bearish momentum without being in oversold territory. The MACD is below zero and the signal line, indicating bearish momentum is present. Traders might look for potential shorting opportunities at the trendline rejections, with targets set near S1. A break below S1 could indicate a continuation of the bearish trend. Conversely, a break above the trendline could signal a change in trend and potential buying opportunities, with resistance levels as targets. It's important to monitor for a potential reversal pattern or bullish indicators before considering a long position.
by MarsSignals
XRPUSDT.1DOn the daily chart for Ripple (XRP/USDT), XRP is exhibiting a range-bound behavior, oscillating between defined levels of support and resistance. The price is currently near $0.5203, with a noticeable support level (S1) at $0.4697. Above, there is resistance at $0.5746 (R1), and a further resistance (R2) at $0.6686. The RSI is in the lower half of the range at 42.28, which can suggest bearish momentum but not yet oversold, providing potential room for downward movement. The MACD is slightly below the signal line, reinforcing the bearish sentiment as it suggests the possibility of further decline. For traders, the area around S1 could be seen as a potential entry point for a long position if they believe the support will hold, with a stop loss set below S1 to mitigate risk. A break below S1, however, could signal a stronger bearish trend and a potential short opportunity. Conversely, a move above R1 could indicate a shift to a bullish outlook, potentially targeting R2. Trading decisions should be accompanied by other technical indicators and volume analysis for better confirmation.
by MarsSignals
BNBUSDT.4HIn the 4-hour chart for Binance Coin (BNB/USDT), BNB is trading within a range, with price action fluctuating between support and resistance levels. The resistance (R1) at $652.6 represents the upper boundary of the range, while the support (S1) at $496.1 acts as the lower boundary. There's an additional support level (S2) at $349.9, marked by earlier price interactions. The current price is at $606.1. The RSI is at a neutral 58.56, suggesting that there's room for movement in either direction without being in the overbought or oversold territory. The MACD is hovering around the signal line, indicating a balance between buyers and sellers with no clear momentum. For traders, watching for a breakout above R1 could provide a bullish signal, while a break below S1 might suggest bearish momentum. The strategy could involve entering trades following a bounce from S1 or a breakout above R1, with appropriate risk management measures such as stop-loss orders. Confirmation from trading volume would strengthen the signal for entry.
Long
by MarsSignals
PENDLEUSDT.4HThe 4-hour chart for Pendle (PENDLE/USDT) indicates a consolidation pattern, where the price is compressing within a symmetrical triangle. This pattern typically suggests a continuation of the prior trend, which in this case has been upward. The price is currently trading near $6.053. The first resistance (R1) is marked by the upper trendline of the triangle, while a more significant resistance (R2) is at $7.545. The primary support level (S1) is the lower trendline of the triangle at around $5.462, with a secondary support (S2) being the previous low around the $1.604 mark. The RSI is moderately neutral at 54.42, suggesting there’s room for a move in either direction. The MACD is close to the signal line but slightly above, indicating potential for bullish momentum. As the price approaches the apex of the triangle, a breakout in either direction could signify the next strong move. A break above the triangle could target R2, while a breakdown below could see a move towards S2. Trading strategies might include waiting for a confirmed breakout with volume for direction.
by MarsSignals
3
BTCUSDT.1DThe daily chart for Bitcoin (BTC/USDT) shows that Bitcoin is currently in a consolidation phase, with the price hovering around $64,406. The chart displays key resistance (R1) at $67.028.28 and subsequent resistance (R2) around the all-time high of $73,777.00. Support levels are evident at $63,097.93 (S1), $59,065.59 (S2), and a stronger historical support at $56,226.29 (S3). The RSI is neutral, hovering around 45.60, which doesn't signal an overbought or oversold market. The MACD is slightly below the signal line, indicating bearish momentum, though the histogram shows it’s lessening, which could prelude a potential reversal or stabilization. Trading strategy could focus on the breakout or bounce from these key levels. A break above R1 could indicate potential bullish momentum, while a fall below S1 might suggest further decline towards S2 or S3. As always, confirmation from other indicators and volume should be considered for a comprehensive analysis.
by MarsSignals
Ethereum can make small movement up and then bounce downHello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some time traded between the resistance level, which coincided with the seller zone, and after the price broke it again, ETH turned around and in a short time declined to 3230 points, breaking the resistance level one more time. Then the price a few moments later turned around and made a strong upward impulse, breaking the 3530 level again, but soon turned around and entered to downward pennant. In this pattern, ETH made a downward impulse to support line, breaking 3530 and 3115 levels. But soon, Ethereum made impulse up from the support line of the pennant to the support level, which coincided with the support area and even rose higher but later declined back to the support line. A not long time ago price bounced from the support line and in a short time rose to the resistance line of the pennant, breaking the 3115 level again. Soon, Ethereum exited from the pennant pattern and now it continues to rise. In my opinion, ETH can rise a little more and then decline to the 3115 support level, which is my target. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
HelenP. I Bitcoin can break trend line and continue to declineHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price broke the 71000 resistance level, which coincided with the resistance zone, and started to trades inside consolidation. In range, the price in a short time declined to the 62600 support level, which coincided with the support zone, and even later made a fake breakout, after which turned around and made impulse up. Then BTC made a correction, after which rose to a resistance level and some time traded near, trying to break it, but failed and made a correction movement. After this, Bitcoin in a short time rose to the trend line, thereby exiting from consolidation, after which it turned around and started to decline. The price broke the 71000 resistance level again and made a retest, after which the price made impulse down to the support level. Soon, BTC broke this level and declined below, but a not long time ago it turned around and made a strong impulse up, breaking the 62600 level and recent trend line. Just now, Bitcoin continues to trades near the trend line and I expect that the price can continue to decline to a support level, breaking the trend line again. For this case, I set my target at the 62600 level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
🔥 Comparing Bitcoin's Price After The Halving: Massive Pump! In this analysis I want to take another look at Bitcoin's performance after the halving. As known by now, Bitcoin halvings have always led to a massive pump in Bitcoin's price. My expectation is that this halving won't be any different. Yes, I've mentioned a couple of times that I see a decent probability for the halving to be a sell-the-news event, since we made a new all-time high before the halving for the first time ever. Second halving as an example. However, Bitcoin's 1 year outlook is still looking extremely bullish. I expect that we're going to reach 100k this year, maybe even 150k with some luck. It's too early to tell where Bitcoin will top out. You can check my most accurate prediction below: Pump or dump? Share your thoughts 🙏
INDEX:BTCUSDLong
by FieryTrading
5
OCEAN is screaming buy meBINANCE:OCEANUSDT , 1d Price is trading above the 200SMA suggesting that the long term trend is intact. The downward trendline has been broken and has been consolidating for the past two days. On the 4h, price has formed an imperfect cup and handle with the consolidation being the handle. The MACD line has crossed above the signal line indicating a bullish momentum. The only downside i see here is the lack of adequate volume on the breakout candle. It still remains interesting to keep an eye on since a break above the consolidation (base or handle) could propel price to higher highs resuming the uptrend. Breakout traders would put their stop loss (SL) below the consolidation and target the market structure highs. As always, “anything can happen” so let the market unfold and react accordingly. #DYOR
OLong
by daymouse
3
Bitcoin can reach resistance line of channel and then start fallHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and little declined, but soon BTC turned around and back to the seller zone. After this movement, the price in a short time declined from the seller zone to the support line, breaking the 70900 level again. Next, the price turned around and started to move up to the resistance level, and when BTC reached this level, it rose a little higher, after which turned around and made a downward impulse. Bitcoin broke even the support line, after which in a short time declined to the buyer zone, which coincided with the support level, but soon rose in out from this area, making a fake breakout. Later price a little rose, slightly and then declined lower buyer zone, but recently BTC turned around and started to move up inside the upward channel, where the price broke the 62100 level again and continued to move up. At the moment, I think Bitcoin can reach the resistance line and then start to decline to support line of the upward channel. For this case, I set my target at 64400 points, which coincided with this line. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
3
PEPEUSDT.1DThe PEPE/USDT daily chart shows a cryptocurrency that has been consolidating recently, with the price oscillating around the R1 level at 0.00000809. Currently, it's trading slightly below this resistance level. The RSI is at 52.11, which is just above the midpoint of 50, indicating a neutral to slightly bullish sentiment. However, the RSI is trending downward, so caution is warranted. The MACD is right around the baseline with a very slight bearish bias, as indicated by the negative histogram. The support level S1 at 0.00000387 represents a critical point for traders to watch. If the price sustains above this level, it might indicate stability and potential for an upside breakout above R1. If the price breaks below S1, it could signal a bearish continuation. For the bullish scenario to gain credibility, we'd need to see a strong move above R1, accompanied by an upward RSI trajectory and a bullish crossover in the MACD. As always, it's important to look for confirmation from other indicators and to stay updated on news that could affect market sentiment.
Long
by MarsSignals
CHRUSDT.1DThe daily chart for Chromia (CHR/USDT) shows that the asset has been trading within an ascending channel, indicating a bullish trend. However, the recent price action has dipped towards the lower boundary of the channel, currently at $0.3283, which could be a crucial support level (S1) at $0.2409. The resistance level (R1) has been established at around the previous high of $0.5029. The RSI is slightly bearish at 41.81, and the MACD is below the signal line, both indicating that there might be more bearish momentum in the short term. Traders might look for buying opportunities near the lower boundary of the ascending channel with a stop loss below S1, aiming for R1 as a short-term target. If the price breaks below the channel, it could signal a potential reversal of the bullish trend. It would be wise to wait for a clear signal such as a breakout or a bounce from key levels with confirming volume before making a trade decision.
by MarsSignals
NEAEUSDT.1DAnalyzing the daily chart for NEAR Protocol (NEAR/USDT), it appears to be in a consolidation phase within a defined range. The price is currently near $7.002, with a key resistance level (R1) at $8.111, which aligns with the previous high. A breakout above this level could signal a bullish trend continuation towards the high of $9.10. The support level (S1) at $6.062 is a critical zone that has been tested multiple times, suggesting it's a strong level that bulls are defending. The RSI is relatively neutral at 57.75, giving no clear overbought or oversold signals. Meanwhile, the MACD is slightly above the signal line, suggesting some bullish momentum, though it's not strongly definitive. For trading, a break above R1 could offer a long entry point, with a potential target at the previous high, using a stop loss below S1. Conversely, if the price breaks below S1, it may indicate a shift in sentiment, potentially leading to a sell-off. As always, confirmation from volume and other indicators would provide additional confidence in the trade setup.
by MarsSignals
SOLUSDT.1DThe daily chart for Solana (SOL/USDT) displays a retracement following a strong uptrend. The price has formed a peak around $210.18 and has since pulled back to current levels at $153.36. The first resistance level (R1) is now at $184.67, which could act as a ceiling for any upward moves. The next resistance level (R2) is at $211.52, just above the previous high, potentially serving as a target for a bullish continuation. The chart also shows established support levels at $121.04 (S1) and $92.78 (S2). The RSI is just below the midpoint at 46.92, suggesting some bearish momentum, but not overwhelmingly so. The MACD is below the signal line and negative, which traditionally suggests bearish momentum. As a trader, I would watch for the price action to approach R1 for potential resistance or a breakthrough, which could indicate a move to R2. A failure to breach R1 could see prices retest S1. Given the indicators, a cautious approach would be prudent, with tight stop losses and a close eye on both RSI and MACD for signs of trend strength or reversal.
Long
by MarsSignals
🔥 GRT Double Bounce: Back To All Time Highs?In this signal I'm going to combine two important reversals: - The daily RSI on GRT has hit oversold for the first time since September 2023. Daily oversold RSI's are amazing buying opportunities during bull-markets. - The price retested the bear-market highs of ~0.23 from back in January 2023 as support. This might be the final bearish move in the next few months, hence the target at the current ATH. Be aware this is a long-term trade and might take months to play out.
Long
by FieryTrading
4
Binance Coin can start to decline to support line of triangleHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time traded near the resistance level, which coincided with the seller zone and later made an impulse up to 644 points, but at once turned around and made a strong impulse down to 500 points, thereby breaking 583 and 523 levels. After this, the price started to move up inside from an upward wedge, where it quickly rose to the resistance level, breaking the 523 support level and soon even breaking the resistance level too. After this, BNB rose to the resistance line, but at once turned around and fell to the support line of the wedge, breaking the 583 level one more time. Next, the price bounced from the support line, rose back to the resistance line of the wedge, and exited from this pattern, making a little movement up. Then BNB made a downward impulse in a triangle, after which the price broke the 583 level and declined to the buyer zone, but a not long time ago BNB turned around and in a short time rose to the resistance level, where at the moment continues to trades near. So, in my opinion, Binance Coin can rebound from the resistance line and start to decline to the support line of the triangle. For this case, I set my target at the 545 level, which coincided with this line. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
BITCOIN - Price can make little movement up and then start fallHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance area and made a little movement up, after which started to decline in falling channel. In channel, BTC first fell below $69250 level, but soon backed up and later reached resistance line. Soon, price turned around and made downward impulse to $61400 support level, thereby breaking $69250 level. Next, BTC bounced from support level, which coincided with support area, and rose a little up but soon fell back. Also, price made fake breakout of $61400 level, after which turned around and started to move up. Now, I think that Bitcoin can reach resistance line of channel and then start to decline to $61400 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
1
ATAUSDT.4HThe 4-hour chart for Automata (ATA/USDT) suggests a volatile market with a sharp decline followed by a swift recovery. The price has rebounded from the low around $0.0782, rallying past the $0.1200 support level, which is now acting as immediate support (S1). The RSI has recovered to a neutral position at 55.08, indicating some balance between buyers and sellers after the recent price movement. Currently, the price is at $0.1746. The first resistance level (R1) to watch is at $0.2322. A break and close above this level could signal further bullish momentum, potentially targeting previous highs around $0.2749. For traders looking to enter a long position, a reasonable strategy might be to wait for a retest of the $0.1200 level as new support or a clear break above $0.2322, setting a stop loss below S1. On the flip side, if the price falls back below the support at $0.1200, it would suggest weakness and could lead to a test of the lower levels. It's important to keep an eye on the RSI for divergence that might indicate a weakening of the current trend.
by MarsSignals
2