Pro Analysis

Someone just paid $507,000 in fees for a $0.70 transfer to be included in the #Bitcoin  halving block. This seems unreal, doesn't it?

What do you think about this?

YGG$YGG Ready to Big Ride as Per Chary Analysis ?

Timeframe: Daily

🔰 Breakout & Surge

➡️ After breaking out, the price retested the breakout point and surged over 50%.

➡️ This level has now proven to be strong support, confirmed through multiple tests.

🔰 Breakdown & Decline

➡️ Recent breakdown led to a sharp 36% drop from the established level.

🔰 Trading Strategy

➡️ Consider entering trades post-breakdown.

➡️ Suggested stop loss: just above the previous swing high, or adjust based on your risk tolerance.

🔰 Disclaimer

This is for educational purposes only and not financial advice.

BTC$BTC ETH$ETH SOL$SOL TON$TON #Yield #Bitcoin #BitcoinHalving #Airdrop #Puffer

#BTC Target Achieved!

As a professional crypto trader with eight years of experience, I want to share some advice. Please remember that the market never rises continuously; it fluctuates up and down. The recent drop in Bitcoin's value might seem significant on a 15-minute chart, but if you zoom out to a longer timeframe, you'll see it's just a minor dip. Corrections like this are normal in any market.

Currently, major investors like BlackRock are involved in the market. They might be waiting for smaller investors to sell during these corrections so they can buy at lower prices. Don’t be tricked into selling early; the market will likely rise again. The best strategy to benefit in the long run is to invest a consistent amount regularly, a method known as Dollar Cost Averaging.

Stay cautious and keep investing wisely.

#CryptoWisdom
#HODLStrategy

Not a Financial Advice

#STX/USDT analysis-

The price has formed an ascending channel pattern by making higher highs and higher lows. If it breaks down, then it has the potential to go down further.

T.F.- 1-D

ENTRY- as soon as it gives breakdown
SL- above the lower high i.e. around 3.5350
TARGET- 2.0240

Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.

#SYS/USDT analysis -

#Syscoin is in a bullish channel, and the price is near the support of the channel and the 200 EMA. It's expected to keep its bullish momentum and test the previous swing high. To confirm entry, wait for the breakout of the $0.2944 level.

TF : 4h
Entry : $0.2944
Target : $0.3644
SL : $0.2539

#IDEX/USDT analysis -

#IDEX is in an uptrend and is trading above the 200 EMA. The price recently experienced a correction now is currently trading above the 200 EMA. It's expected to find support there and bounce back, continuing its trend. Just wait for the breakout of the trend line and the $0.08969 level for a long entry.

TF : 4h
Entry : $0.08969
Target : $0.11868
SL : $0.07819

#REQ/USDT analysis -

#REQ is in an uptrend, making higher highs (HHs) and higher lows (HLs) while bouncing back from the 200 EMA. The price is currently trading above the support zone and is likely to continue its trend. Wait for the breakout of the $0.1646 level to go long and aim for the previous swing high as a potential target.

TF : 4h
Entry : $0.1646
Target : $0.2254
SL : $0.1358

#REQ target hit ✅.

#POLS has hit target level ✅.

#TKO/USDT analysis -

#TKO is currently trading above the support zone near the 200 EMA. The overall trend is bullish on the higher time frame (HTF) as the price is forming higher highs (HHs) and higher lows (HLs) pattern. It is likely to gain bullish momentum from the current zone and will soon test the resistance level.

TF : 4h
Entry : $0.595
Target : $0.707
SL : $0.525

#SFP/USDT analysis -

#SFP is currently consolidating over a support zone, sloping upward. It's likely to continue its bullish momentum from the current levels and test new highs. The overall trend of the price is bullish, and it will soon continue its upward trend.

TF : 1D
Entry : $0.7248
Target : $0.8839
SL : $0.6230

#BTC/USDT analysis

The price is finding support around 64500. It has tested this level multiple times, and if it breaks down, there is potential for further decline.

ENTRY- $64,470

SL-above the breakdown candle

TARGET- $61200

Crypto fear & greed Index: 70

Whenever this index reaches 95, then major selling happens. When this index goes above 90, then it is a red sign and correction can happen at any time.

On 14th March 2024, when BTC made a new all-time high, it was around 88 and after that, BTC corrected more than -17.66% from the all-time high till 20th march 2024 swing low.

Yesterday, the index was 71. The lowest low of 3 months was 48 which was noted on the 24th January 2023.

Note: This indicator shows the overall market sentiment.

#OXT/USDT analysis -

#OXT is consistently making new highs and trading above the 200 EMA. The price is expected to bounce back from the support zone and test its previous swing high.

TF : 1D
Entry : $0.119
Target : $0.173
SL : $0.097

#RSR has hit the target level and made a significant high +230% from our entry price. 🚀🎉

#XVG/USDT analysis-

On the daily timeframe, following an all-time low, the price formed two ascending triangle patterns. Both patterns experienced a breakout within a single day, indicating strong buying pressure.

The first breakout resulted in a price increase of more than 77% from the breakout level, while the second breakout led to a gain of over 55% from its respective breakout level.

According to price action analysis, for the first breakout, entry could have been taken either at the breakout or during the retest. The stop loss would be placed below the triangle pattern or the higher low formed upon breakout.

Regarding the second breakout, entry would have been initiated immediately upon breakout since the likelihood of a retest is minimal, and the price could surge sharply thereafter. The stop loss would be positioned below the breakout candle.

Note: This post is purely educational in nature.

#BTC/USDT analysis -

$BTC is currently consolidating in a triangle pattern above the 200-day exponential moving average (EMA). The price is expected to bounce back from there and eventually break out of the consolidation phase, potentially reaching a new all-time high. Stop loss (SL) would be placed below the pattern. To go long, wait for the price to break above the $71,700 level. However, if the price fails to break upside and instead breaks downside, the setup will fail and the price may decline further.

TF : 4h
Entry : $71700
Target : $83000
SL : $64200

#GHST/USDT analysis-

The price is forming a descending triangle pattern. Additionally, it has already tested the support level multiple times at 2.7, indicating a high chance of breaking down further. If a breakout occurs, there is potential for the price to decline.

T.F.-15-Minute

ENTRY- as soon as it gives breakdown i.e. 2.685-2.689
SL- Above resistance area or previous swing high i.e. 3.195
TARGET- 2.120

Note- If stop loss hits before the entry, then ignore the trade as the price action will formed differently.

#GHST/USDT analysis-

On the daily timeframe, the price formed an ascending triangle pattern. It broke out with increased volume, resulting in a surge of nearly 120% from the breakout level.

According to price action analysis, traders may have entered at the breakout or retest, setting a stop loss below the triangle pattern or based on their risk management strategies.

Note: This post is for educational purposes only.