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$ENS — Power Scalper Signal — 25% Upside Potential
ENS has delivered an extraordinary performance, pumping ~100% during the last 2 weeks.
However, based on the latest trade signal, it looks like there's potential for more gains.
The Power Scalper signal incorporates three technical indicators: the Relative Strength Index (RSI), the Semaphore Signal Level Channel (SSL), and the Trend Direction Force Index. The strategy aims to profit from the last wave of a pump before a correction becomes likely.
In this case, the profit potential is calculated at 25%.
💡Overall Assessment ➡️ Logically, the momentum indicator already signals overbought territory for this strategy. This has to be monitored ➡️ From a chart perspective, there's also more upside potential to make a higher high compared to the level of March ➡️ Due to the overall bullish sentiment, there's a good chance of more gains before a correction occurs.
💡Backtests Backtests show that this signal is quite reliable on the daily chart. Here are the details based on 25 signals: - For all 25 appearances, the price increased by 2% during the next 30 days. - For all 25 appearances, the price increased by 5% during the next 30 days. - In 64%, the price increased by 10% or more in the next 30 days.
I don't know how and why someone transferred $BTC from #MtGox to some unknown wallet but I'll keep investing on CoreDao, they will get listed soon on second largest exchange
Here's probably my favorite trade signal of the day.
→ $COTI flashed a bullish EMA crossover on the daily chart. → Based on 14 historical events, the signal has a win rate of almost 86%. → Most technical indicators look good. Especially in terms of momentum indicators, COTI looks promising (bullish MACD and neutral RSI and Oscillators). → Chart looks good too. The token made a higher high on the daily chart, is in an uptrend, and had a small pullback — usually a perfect entry. → Negative aspect: The ADX is weak. Therefore, it can make sense to wait for more strength.
If the market enters a bullish scenario and signal plays out, we could quickly see COTI challenge 0.175 - reflecting a ~30% potential.
Gm Binance Square! The vote is ended, and it's very shocking for me. you guys should DYOR about #OverProtocol and join the Airdrop before mainnet. #BinanceLaunchpool #BTC $SOL $BNB $ETH
Amatobo
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Bikovski
I'm curious with Binance Square fam, are you know about #OverProtocol ? They will launch mainnet on June 2024 which is just 2 week coming.
$DOGE keeps printing bullish trade signals. Today, we see a bullish EMA crossover on the daily chart.
Signals on the daily chart usually have a high reliability. When looking at this specific signal for Doge we calculated a win rate of 85%.
The win rate is based on 14 historical signals.
➡️ Trend indicators are bullish ➡️ Some momentum indicators show bearish signs and should be monitored closely. ➡️ A negative aspect: The ADX does not signal a strong trend (yet) $BNB $SOL #altcoins #BTC #ETHETFS
Tellor — Reversal, Reclaim Support 👉 17% Short-Term Potential
$TRB completely invalidated my #bearish scenarios yesterday.
All signs pointed towards a further correction to the $90 level. However, #Tellor chose to take massive bullish action instead.
As a result, the level between 140-150 is now back in play.
→ Tellor printed a picture-perfect Morning Star Doji. This pattern is often a clear sign of a trend reversal (and it worked perfectly in Tellor's case). → Yesterday, Tellor reclaimed the 115 level. → A retest of the level today was successful. → Technical indicators look mainly bullish or neutral.
Therefore, if the market doesn't go crazy, I expect Tellor to retest the upper channel boundary between 140 and 150 soon.
Let's see if this prediction works better than my last one ;)
So far, Chainlink has been showing a rather weak performance compared to other altcoins. Moreover, in its $BTC pair Chainlink is still at its cycle low.
Positively framed: There's much room to pump.
When looking at the chart, LINK has successfully tested its major support at $13. Additionally, momentum indicators, such as the Stochastic RSI or WillR have turned bullish.
On top of that, LINK flashed a Power Scalper trading signals. The signals uses the RSI, the Semaphore Signal Level Channel (SSL) and the Trend Direction Force Index.
The bullish signal calculated a profit potential of 71%. Sounds heavy — however, actually it perfectly fits with LINK's previous high.
🔴 Our AI Market PulseCheck has reached the lowest value in 2024. Previously, a value below 3 indicated a bottom, followed by a sharp turnaround.
Let's see if this works out again 🙏
What else is interesting? * 80% of all tokens are in a downtrend based on the long-term EMA * At the same time, ~95% have a neutral RSI. * OAX represents the only signal on the daily chart — however, it could be an interesting one. Thank me later with $ 😂 #Fed #Megadrop #BinanceLaunchpool $BTC $ETH $BNB
AI Analyzer SIGNAL Short Stellar currently trades at $0.118 with a 24-hour change of 3.54%. Current resistance is at $0.119 and support at $0.114. Based on support & resistance levels, the trade has a potential of 1.41%
Backtest Results The trading signal has a probability of 55.4% and and average result of 3.96%