Entry $1831 Stop $1739 (-5%) Take profit $2794 (+52%) Potential profit/loss ratio = 10.5/1 So far, the ETHUSDT price is in consolidation in a strong liquidity zone. After the price fix is above $2020, growth may accelerate. Do you like this format of ideas? Write about it in the comments. _____________________ Did you like our analysis? Leave a comment, like,...
A bit of time has passed since the rapid rise in the XRPUSDT price and emotions have calmed down, so it's time to take a rational look at the chart. The previous XRP price increase was surprising only in terms of the time it took to work out, but not in terms of price targets. Looking at the XRPUSD price chart now, it seems that the correction of the previous...
Almost all of the time C98USDT was trading, the price was in a prolonged downtrend. Now, the Coin98 price is trying to break through the trend line and exit the downtrend. We wish buyers strength and inspiration) And for those who trade or hold this asset, we want to draw attention to the level of $0.24 - this is the first critical level from where the price...
Yesterday, on 02.08.23, "LTC halving" took place on the 840000 block. Now the reward for a mined block has been halved, from 12.5 to 6.25 LTC. Given that yesterday the cryptocurrency market made several attempts at correction, the LTCUSDT price did not show any "independence" and also adjusted downward. Now, the LTCUSD price has approached the potential buy...
It is possible that a local reversal pattern "Rhombus" or "Diamond" is forming on the BTCUSDT chart. Confirmation of this pattern is the breakout and consolidation of the BTC price above $29600 The target for working out of this pattern is $30800-31000 Failure of this pattern - the BTCUSD price falls below $28700 It is likely that the Bitcoin price will...
The Livepeer LPT price is currently being pumping. We don't know the reason for the pump, but it doesn't matter. Now the main thing is to figure out where the strong liquidity zones are, respectively, where the "strong fights" between buyers and sellers will be unleashed. The nearest strong liquidity zone from above is in the range of $7-7.50 , with an average...
If we look at the global history of DOGECOIN trading (and the coin has been around since 2014), you can see one interesting pattern. At the end of 2017 , it was hugely pumping (for those times), and then the creators of DOGE wrote that they did not understand why their "joke coin" had a capitalization of several billion. After that, the value of DOGEUSD...
Looking at the global chart of ShibUsdt, the first thing that catches your eye is that the price is now in a strong liquidity zone. It was in the price range of $0.00000600-0.00000800 that a long position was "gained" in 2021 before the start of the bull run. The second thing that catches your eye is that now the consolidation pattern is visually very similar...
Do you think such a medium-term trade will work for BTCUSDT? Entry $29170 Stop $27999 (-4%) Take profit $32450-32750 (+18%) Potential profit/loss ratio = 4.5/1 The purple trend line since the beginning of the year is at $28350, stop at -1% below it in case of a squeeze. USDT dominance is in the middle of a multi-month consolidation. * USDT.D's upward...
Despite the relatively high price, the Maker MKR token managed to double in price in a month . It turns out that now the MakerDAO ecosystem, which is one of the first projects on the decentralized finance (DeFi) scene, is now the locomotive that should once again accelerate interest in DeFi. At the moment, the MKRUSDT price is trying to gain a foothold above ...
Are you tired of unpredictable volatility in the cryptocurrency market? Then investing in WBT seems like a good solution. In recent weeks, the WBTUSDT price has been trading in a narrow 2% range. Usually, the price of an asset consolidates for a reason, but is preparing for a powerful impulse. Given the fact that at night, when BTCUSDT updated its low to $28700,...
Today, let's take a look at the OPUSDT price chart Given that the previous idea worked out well with a 30% increase, we can try to "guess" again) By the way, in the previous idea, we described the main upgrade features implemented by the Optimism team. Today, the next Optimism (OP) network upgrade will take place, the main task of which will be to reduce...
It seems that in early June, the UNIUSDT price did manage to break out of the prolonged downward trend. Well, we're keeping our fingers crossed that buyers will be able to accelerate the growth even more. Buyers have a "difficult path" ahead of them, as there are strong liquid zones above, where there will be many people willing to sell their UNI, which is lying...
The Compound project was fundamentally quite strong when it was sold / presented to crypto market participants) However, over the 2 years of being in a downward trend, the price of t he COMP token has fallen 39 times from a high of $910 to a low of $23. And now, in the last two weeks, a miracle has happened, the price of CompUSDT has come to life and is...
Why did most people buy PEPE? What is its value? Probably just to get rich quickly on speculation... But probably only a few people made money on this growth. And the majority is most likely sitting in a super drawdown and thinking about how to get rid of this "happiness". This happened before with Doge (2017 and 2021), when the creators themselves said that...
Recently, SNXUSDT price has finally managed to break out of a prolonged downtrend. We assume that the current local price consolidation outside of the downtrend is coming to an end. And the SNX price may have quite a bit of growth ahead. Take profit 1 - $3.55 (+25%) Take profit 2 - $3.85 (+35%) Take profit 3 - $4.40 (+55%) _____________________ Did you like our...
Today is an important day for the financial markets, in 10 hours (18:00 UTC) the Fed will announce a new rate. 98% of respondents expect a +0.25% rate hike from 5.25 to 5.50. More interestingly, it is predicted that this will be the last rate hike in 2023, and at the end of the year, they may even cut the rate a little. We won't go into the macroeconomics, but...
The MASKUSDT price has been consolidating quite well lately in preparation for a possible strong price movement. The critical level below is $3.30. Fixing the MASK price below this level will open the way for a drop to at least the $2.35-2.60 range. A strong liquidity zone of range $4,00-6.30 hangs above the current price of the Mask Network token. Over the...