#OP / USDT : Technical Analysis
TF : 4H
- The price is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) above the 200 EMA.
- After a strong bullish move, the price underwent a sideways correction near the 200 EMA.
- Recently, the price broke out above the counter trendline after bouncing back from the 200 EMA, which triggered our entry.
Expected Returns : +30%
Plan :
Entry : $3.68
Target : $4.80
SL : $2.96
TF : 4H
- The price is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) above the 200 EMA.
- After a strong bullish move, the price underwent a sideways correction near the 200 EMA.
- Recently, the price broke out above the counter trendline after bouncing back from the 200 EMA, which triggered our entry.
Expected Returns : +30%
Plan :
Entry : $3.68
Target : $4.80
SL : $2.96
#ACX
Entry:$0.132 -$0.148
this has a potential to make a 5X in the long run
Short-term
1)$0.173
2)$0.191
3)$0.232
Across is an optimistic insured bridge that relies on a decentralized group of relayers to fulfill user deposit requests from EVM to EVM networks. Relayer funds are insured by liquidity providers in a single pool on Ethereum and refunds are processed via the UMA Optimistic Oracle. Across allows users to move tokens instantly and cheaply between EVM networks by borrowing liquidity from a decentralized network of relayers who are reimbursed on a chain of their choosing from a single liquidity pool on Ethereum Mainnet.
Entry:$0.132 -$0.148
this has a potential to make a 5X in the long run
Short-term
1)$0.173
2)$0.191
3)$0.232
Across is an optimistic insured bridge that relies on a decentralized group of relayers to fulfill user deposit requests from EVM to EVM networks. Relayer funds are insured by liquidity providers in a single pool on Ethereum and refunds are processed via the UMA Optimistic Oracle. Across allows users to move tokens instantly and cheaply between EVM networks by borrowing liquidity from a decentralized network of relayers who are reimbursed on a chain of their choosing from a single liquidity pool on Ethereum Mainnet.
The ARK 21shares BTC ETF has been approved!
https://www.sec.gov/Archives/edgar/data/1869699/000141783524000003/0001417835-24-000003-index.htm
https://www.sec.gov/Archives/edgar/data/1869699/000141783524000003/0001417835-24-000003-index.htm
#NULS / USDT : Technical Analysis
TF : 4H
- The price is currently in an uptrend, showing respect for the 200 EMA.
- After a strong bullish momentum, the price is now undergoing a correction phase near the 200 EMA.
- Currently, the price is finding support above the 200 EMA. It is anticipated that the price will continue its trend and potentially test its previous swing high.
Expected Returns : +12%
Plan :
Entry : $0.265
Target : $0.296
SL : $0.242
TF : 4H
- The price is currently in an uptrend, showing respect for the 200 EMA.
- After a strong bullish momentum, the price is now undergoing a correction phase near the 200 EMA.
- Currently, the price is finding support above the 200 EMA. It is anticipated that the price will continue its trend and potentially test its previous swing high.
Expected Returns : +12%
Plan :
Entry : $0.265
Target : $0.296
SL : $0.242
Be sure to secure your profits or else it will just be unrealised gains only, we will see a lot of movements in the coming months and this year will present a lot of opportunities to make good profits and take calculated risks to hit big, be sure to stick around and grab those opportunities with us at @CoinGuru1113
BTC Analysis
Following the recent breakout near the resistance zone, buyers found themselves trapped in BTC around the $49,000 price level. Since reaching the swing high of $49,048, BTC has experienced a significant decline, falling by approximately 15.37%.
Additionally, from yesterday's high to low, BTC has undergone a correction of about 10.76%. It's noteworthy to mention that the last time BTC saw a correction exceeding 10% was on November 9, 2022.
Following the recent breakout near the resistance zone, buyers found themselves trapped in BTC around the $49,000 price level. Since reaching the swing high of $49,048, BTC has experienced a significant decline, falling by approximately 15.37%.
Additionally, from yesterday's high to low, BTC has undergone a correction of about 10.76%. It's noteworthy to mention that the last time BTC saw a correction exceeding 10% was on November 9, 2022.
#MDT / USDT : Technical Analysis
TF : 1h
- The price is currently in a downtrend, forming lower lows and lower highs below the 200EMA.
- After a bearish impulsive move, the price is retracing towards the 200EMA and facing rejection from the previous resistance zone.
- It is expected that the price will continue to decline until it reaches its previous swing low. 📉💸
Plan :
Sell : $0.050
Target : $0.045
SL : $0.053
TF : 1h
- The price is currently in a downtrend, forming lower lows and lower highs below the 200EMA.
- After a bearish impulsive move, the price is retracing towards the 200EMA and facing rejection from the previous resistance zone.
- It is expected that the price will continue to decline until it reaches its previous swing low. 📉💸
Plan :
Sell : $0.050
Target : $0.045
SL : $0.053
#ZEC / USDT :
TF : 1h
- The price is currently in a downtrend, forming lower lows (LLs) and lower highs (LHs) while respecting the 200 exponential moving average (EMA).
- At present, the price is consolidating sideways, encountering resistance at the 200 EMA.
- It is anticipated that the price will persist in its downtrend and potentially test its previous swing low.
Plan :
Sell : $22.56
Targets : $19.01
SL : $24.96
TF : 1h
- The price is currently in a downtrend, forming lower lows (LLs) and lower highs (LHs) while respecting the 200 exponential moving average (EMA).
- At present, the price is consolidating sideways, encountering resistance at the 200 EMA.
- It is anticipated that the price will persist in its downtrend and potentially test its previous swing low.
Plan :
Sell : $22.56
Targets : $19.01
SL : $24.96
#XRP / USDT :
TF : 4H
- The price is currently in a downtrend and is trading below the 200ema. Following the breakdown of the 200ema, the price retraced and tested the 200ema as a dynamic resistance level, resulting in a rejection.
- This suggests that the 200ema is effectively serving as a resistance for the price. As a result, it is anticipated that the price will continue its descent and potentially test its previous swing low.
Plan :
Sell : $0.567
Target : $0.503
SL : $0.609
TF : 4H
- The price is currently in a downtrend and is trading below the 200ema. Following the breakdown of the 200ema, the price retraced and tested the 200ema as a dynamic resistance level, resulting in a rejection.
- This suggests that the 200ema is effectively serving as a resistance for the price. As a result, it is anticipated that the price will continue its descent and potentially test its previous swing low.
Plan :
Sell : $0.567
Target : $0.503
SL : $0.609
#SOL / USDT :
TF : 4H
- The price is in an uptrend and showing respect for the 200 EMA. Currently, the price is forming a triangle pattern, indicating a period of consolidation.
- It is anticipated that the price will eventually break out of the pattern and continue its upward trend, potentially reaching new highs and testing previous highs.
Expected Returns : +30%
Plan :
Entry : $103.7
Target : $136.8
SL : $84.6
TF : 4H
- The price is in an uptrend and showing respect for the 200 EMA. Currently, the price is forming a triangle pattern, indicating a period of consolidation.
- It is anticipated that the price will eventually break out of the pattern and continue its upward trend, potentially reaching new highs and testing previous highs.
Expected Returns : +30%
Plan :
Entry : $103.7
Target : $136.8
SL : $84.6
Bitcoin Analysis
Bitcoin's halving events to uncover patterns that might influence its future trajectory
BTC is down over -20% from 49048, a major resistance area, following a channel pattern breakout. Projected support is between $34,000-$35,800, with potential further support at $30,500-$32,000 if needed.
2nd Halving (9th July 2016): Pre-halving, BTCUSD dropped -30% and post-halving, -40%, with a major triangle pattern breakout occurring. Total decline was more than -40% over 47 days around the halving.
3rd Halving (11th May 2020): Similar trend with BTC falling over -63% pre-halving. The total drop was over -63% in 30 days.
What's your take on Bitcoin's price action around its halving events? Check out the attached charts for more insights.
Bitcoin's halving events to uncover patterns that might influence its future trajectory
BTC is down over -20% from 49048, a major resistance area, following a channel pattern breakout. Projected support is between $34,000-$35,800, with potential further support at $30,500-$32,000 if needed.
2nd Halving (9th July 2016): Pre-halving, BTCUSD dropped -30% and post-halving, -40%, with a major triangle pattern breakout occurring. Total decline was more than -40% over 47 days around the halving.
3rd Halving (11th May 2020): Similar trend with BTC falling over -63% pre-halving. The total drop was over -63% in 30 days.
What's your take on Bitcoin's price action around its halving events? Check out the attached charts for more insights.
#T / USDT :
TF : 1D
- The price is trading in an uptrend, forming new highs while bouncing off an upward sloping support. Currently, the price is consolidating over the support near the 200 EMA.
- Based on this analysis, it is expected that the price will continue its upward trend and potentially reach new highs. Wait for the price to break out above the $0.0282 level and consider going long. As a potential target, you can aim for the previous swing high.
Expected Returns : +40%
Plan :
Entry : $0.0282
Target : $0.0394
SL : $0.0234
TF : 1D
- The price is trading in an uptrend, forming new highs while bouncing off an upward sloping support. Currently, the price is consolidating over the support near the 200 EMA.
- Based on this analysis, it is expected that the price will continue its upward trend and potentially reach new highs. Wait for the price to break out above the $0.0282 level and consider going long. As a potential target, you can aim for the previous swing high.
Expected Returns : +40%
Plan :
Entry : $0.0282
Target : $0.0394
SL : $0.0234
#RUNE / USDT :
TF : 1D
- The price is currently experiencing an uptrend and is trading above the 200 EMA. After a strong bullish momentum, the price retraced back to the 200 EMA during a correction phase.
- Recently, the price has broken out of the trendline, indicating a continuation of its upward trend. It is expected that the price will soon test its previous swing high.
Expected Returns : +35%
Plan :
Entry : $4.71
Target : $6.49
SL : $3.59
TF : 1D
- The price is currently experiencing an uptrend and is trading above the 200 EMA. After a strong bullish momentum, the price retraced back to the 200 EMA during a correction phase.
- Recently, the price has broken out of the trendline, indicating a continuation of its upward trend. It is expected that the price will soon test its previous swing high.
Expected Returns : +35%
Plan :
Entry : $4.71
Target : $6.49
SL : $3.59
#STRAX / USDT :
TF : 1D
- The price is in an uptrend, forming higher highs (HHs) and higher lows (HLs), while bouncing back from the 200ema as dynamic support.
- Recently, the price has broken out of the trendline over the support zone, which indicates that the bullish momentum is likely to continue, with a potential test of the previous swing high.
- To enter a long position, it would be prudent to wait for the price to break out above the $0.930 level. This breakout could signal further upside movement.
Expected Returns : 40%
Plan :
Entry : $0.930
Target : $1.320
SL : $0.732
TF : 1D
- The price is in an uptrend, forming higher highs (HHs) and higher lows (HLs), while bouncing back from the 200ema as dynamic support.
- Recently, the price has broken out of the trendline over the support zone, which indicates that the bullish momentum is likely to continue, with a potential test of the previous swing high.
- To enter a long position, it would be prudent to wait for the price to break out above the $0.930 level. This breakout could signal further upside movement.
Expected Returns : 40%
Plan :
Entry : $0.930
Target : $1.320
SL : $0.732
#OCEAN / USDT :
TF : 1D
- The price is currently trading in an uptrend, making new highs while finding support over the 200-day exponential moving average (EMA).
- The price is bouncing back from the 200EMA. This indicates that the price is likely to continue its upward trend and potentially test its previous swing high.
Expected Returns : 25%
Plan :
Entry : $0.4576
Target : $0.5700
SL : $0.3859
TF : 1D
- The price is currently trading in an uptrend, making new highs while finding support over the 200-day exponential moving average (EMA).
- The price is bouncing back from the 200EMA. This indicates that the price is likely to continue its upward trend and potentially test its previous swing high.
Expected Returns : 25%
Plan :
Entry : $0.4576
Target : $0.5700
SL : $0.3859
#RARE / USDT :
TF : 1D
- The price is trading in an uptrend, forming higher highs and higher lows above the 200 EMA.
- Currently consolidating above the support zone after a strong bullish move, the price is expected to continue its trend from the current level and test the previous swing high.
Expected Returns : 35%
Plan :
Entry : $0.1178
Target : $0.1591
SL : $0.0935
TF : 1D
- The price is trading in an uptrend, forming higher highs and higher lows above the 200 EMA.
- Currently consolidating above the support zone after a strong bullish move, the price is expected to continue its trend from the current level and test the previous swing high.
Expected Returns : 35%
Plan :
Entry : $0.1178
Target : $0.1591
SL : $0.0935
#SHIB / USDT :
TF : 4H
- Price is in an uptrend, forming higher highs and higher lows above the 200 EMA.
- It's currently consolidating above the 200 EMA. Recently, it bounced from the 200 EMA after finding support.
- The price is expected to continue its trend and reach a new high. Stop-loss will be placed below the 200 EMA.
Expected Returns : 6%
Plan :
Entry : $0.00000975
Target : $0.00001035
SL : $0.00000938
TF : 4H
- Price is in an uptrend, forming higher highs and higher lows above the 200 EMA.
- It's currently consolidating above the 200 EMA. Recently, it bounced from the 200 EMA after finding support.
- The price is expected to continue its trend and reach a new high. Stop-loss will be placed below the 200 EMA.
Expected Returns : 6%
Plan :
Entry : $0.00000975
Target : $0.00001035
SL : $0.00000938