$LTO/#USDT [#LTO Network]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $LTO / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.1173 | 0.1371 | 0.174 and the major support zones are respectively at 0.0804 | 0.0633 | 0.0264. We may consider entering a trade at the current price zone at 0.099 and targetting higher levels.
Technical Metrics :
Current price: 0.099
24H Volume: 365,504.9237 ₮
24H Price change: 0.712%
- Pivot Points - Levels :
Resistance: 0.1173 | 0.1371 | 0.174
Support: 0.0804 | 0.0633 | 0.0264
Indicators recommandation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth LTOUSDT technical analysis on > Tradingview TA page
Technical_analysis
$XEM/#USDT [#NEM]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $XEM / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0418 | 0.0442 | 0.0497 and the major support zones are respectively at 0.0363 | 0.0332 | 0.0277. We may consider entering a trade at the current price zone at 0.0405 and targetting higher levels.
- Technical Metrics :
-- Current price: 0.0405
-- 24H Volume: 569,818.2754 ₮
-- 24H Price change: 1.504%
- Pivot Points - Levels :
-- Resistance: 0.0418 | 0.0442 | 0.0497
-- Support: 0.0363 | 0.0332 | 0.0277
- Indicators recommandation :
-- Oscillators: NEUTRAL
-- Moving Averages: STRONG_BUY
--> Technical Indicators Summary : BUY
- In-depth XEMUSDT technical analysis on > Tradingview TA page
$SYS/#BTC [#Syscoin]: ResistanceBreakoutWe've identified a Resistance Breakout on the $SYS/$BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.0000076 | 0.00000832 | 0.00000985 and the major support zones are respectively at 0.00000607 | 0.00000526 | 0.00000373. It is a bullish indication and we may consider entering at the current price zone at 0.0000077 and targetting higher levels.
- Technical Metrics :
-- Current price: 0.0000077
-- 24H Volume: 23.8272 Ƀ
-- 24H Price change: 4.62%
- Pivot Points - Levels :
-- Resistance: 0.0000076 | 0.00000832 | 0.00000985
-- Support: 0.00000607 | 0.00000526 | 0.00000373
- Indicators recommandation :
-- Oscillators: NEUTRAL w/: 2 BUY - 1 SELL and 8 NEUTRAL
-- Moving Averages: STRONG_BUY w/: 14 BUY - 0 SELL and 1 NEUTRAL
--> Summary : STRONG_BUY w/: 16 Total Buy - 1 Total Sell and 9 Total Neutral
- In-depth SYSBTC technical analysis on > Tradingview TA page
$DIA/#USDT [#DIA]: SuperTrend & ResistanceBreakout+ConfirmationWe have identified both a Super Trend pattern and a Resistance Breakout on the $DIA/$USDT chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.401 | 0.429 | 0.485 and the major support zones are at 0.345 | 0.317 | 0.261. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
- Technical Metrics :
-- Current price: 0.379
-- 24H Volume: 877,762.1988 ₮
-- 24H Price change: 11.471%
- Pivot Points - Levels :
-- Resistance: 0.401 | 0.429 | 0.485
-- Support: 0.345 | 0.317 | 0.261
- Indicators recommandation :
-- Oscillators: BUY w/: 3 BUY - 0 SELL and 8 NEUTRAL
-- Moving Averages: STRONG_BUY w/: 14 BUY - 0 SELL and 1 NEUTRAL
--> Summary: STRONG_BUY w/: 17 Total Buy - 0 Total Sell and 9 Total Neutral
$MC/#BTC [#Merit Circle]: Trend_ReversalWe've identified a Trend Reversal on the $MC/$BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00001901 | 0.00002197 | 0.00002745, while the main support levels can be found at 0.00001353 | 0.00001101 | 0.00000553. It may be wise to consider buying at the current price of 0.00001612 and benefit from the trend continuation.
- Technical Metrics:
-- Current price: 0.00001612
-- 24H Volume: 13.1236 Ƀ
-- 24H Price change: 7.324%
- Pivot Points - Levels:
-- Resistance: 0.00001901 | 0.00002197 | 0.00002745
-- Support: 0.00001353 | 0.00001101 | 0.00000553
- Indicators recommandation:
-- Oscillators: NEUTRAL w/: 1 BUY - 2 SELL and 8 NEUTRAL
-- Moving Averages: STRONG_BUY w/: 11 BUY - 3 SELL and 1 NEUTRAL
--> Summary: BUY w/: 12 Total Buy - 5 Total Sell and 9 Total Neutral
$CITY/#USDT [#Manchester City Fan Token]: ResistanceBreakoutWe've identified a Resistance Breakout on the $CITY/$USDT chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 4.76 | 4.93 | 5.32 and the major support zones are respectively at 4.37 | 4.15 | 3.76. It is a bullish indication and we may consider entering at the current price zone at 4.43 and targetting higher level.
- Technical Metrics:
-- Current price: 4.43
-- 24H Volume: 803,967.3303 ₮
-- 24H Price change: 6.235%
- Pivot Points - Levels:
-- Resistance: 4.76 | 4.93 | 5.32
-- Support:4.37 | 4.15 | 3.76
- Indicators recommandation:
-- Oscillators: NEUTRAL w/: BUY: 1 - SELL: 0 - NEUTRAL: 10
-- Moving Averages: STRONG_BUY w/: BUY: 12 - SELL: 2 - NEUTRAL: 1
-- Summary: BUY w/: Total Buy: 13 - Total Sell: 2 - Total Neutral: 11
$VET/#USDT [#VeChain]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $VET/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.02607 | 0.02756 | 0.03147 and the major support zones are respectively at 0.02216 | 0.01974 | 0.01583. We may consider entering a trade at the current price zone at 0.02484 and targetting higher level.
- Technical Metrics Index:
-- Current price: 0.02484
-- 24H Volume: 15,102,230.6324 USDT
-- 24H Price change: 10.449%
- Pivot Points - Levels:
-- Resistance: 0.02607 | 0.02756 | 0.03147
-- Support:0.02216 | 0.01974 | 0.01583
- Indicators recommandations:
-- Oscillators: NEUTRAL
-- Moving Averages: STRONG_BUY
-- Summary: BUY
$ALGO/#BTC [#Algorand]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $ALGO/$BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00001157 | 0.00001213 | 0.00001337 and the major support zones are respectively at 0.00001033 | 0.00000965 | 0.00000841. We may consider entering a trade at the current price zone at 0.00001104 and targetting higher level.
- Technical Metrics Index:
-- Current price: 0.00001104
-- 24H Volume: 48.4664 BTC
-- 24H Price change: 7.498%
- Pivot Points - Levels:
-- Resistance: 0.00001157 | 0.00001213 | 0.00001337
-- Support:0.00001033 | 0.00000965 | 0.00000841
- Indicators recommandations:
-- Oscillators: BUY
-- Moving Averages: STRONG_BUY
--Summary: BUY
$HARD/#USDT [#Kava Lend]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $HARD/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.2203 | 0.2401 | 0.2818 and the major support zones are respectively at 0.1786 | 0.1567 | 0.115. We may consider entering a trade at the current price zone at 0.2007 and targetting higher level.
- Technical Metrics Index Summary:
-- Current price: 0.2007
-- 24H Volume: 649,232.3953 USDT
-- 24H Price change: 8.545%
- Pivot Points - Levels:
-- Resistance: 0.2203 | 0.2401 | 0.2818
-- Support:0.1786 | 0.1567 | 0.115
-- Oscillators recommendation: NEUTRAL
-- Moving Averages recommendation: STRONG_BUY
Bulls and Bears zone for 02-02-2023Yesterday's rally after FOMC statement needs to see follow through; otherwise traders could take profit today.
Most one day big rallies occur during Bear markets.
Level to watch: 4175 --- 4173
Reports to watch:
US:Factory Orders
10:00 AM ET
US: EIA Natural Gas Report
10:30 AM ET
$JOE/#USDT [#JOE]: ResistanceBreakoutWe've identified a Resistance Breakout on the $JOE/$USDT chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
- Technical Metrics:
-- Current price: 0.2318
-- 24H Volume: 1,643,621.4071 USDT
-- 24H Price change: 14.639%
- Pivot Points - Levels:
-- Resistance: 0.2537 | 0.283 | 0.3473
-- Support:0.1894 | 0.1544 | 0.0901
-- Oscillators: SELL
-- Moving Averages: STRONG_BUY
$AKRO/#USDT [#Akropolis]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $AKRO/$USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
- Technical Metrics:
-- Current price: 0.00377
-- 24H Volume: 883,127.8111 USDT
-- 24H Price change: 7.714%
- Pivot Points - Levels:
-- Resistance: 0.00416 | 0.00453 | 0.0053
-- Support:0.00339 | 0.00299 | 0.00222
-- Oscillators: NEUTRAL
-- Moving Averages: STRONG_BUY
$BLZ/#BTC [#Bluzelle]: ResistanceBreakout+ConfirmationWe've detected a Resistance Breakout and Confirmation on the $BLZ/$BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
- Technical Metrics:
-- Current price: 0.00000328
-- 24H Volume: 22.2845 BTC
-- 24H Price change: 4.792%
- Pivot Points - Classic Levels:
-- Resistance: 0.00000327 | 0.00000346 | 0.00000381
-- Support: 0.00000292 | 0.00000276 | 0.00000241
-- Oscillators: NEUTRAL
-- Moving Averages: STRONG_BUY
$ENJ/#USDT [#Enjin Coin]: TrendLine_TouchWe've detected a Trend Line Touch on the $ENJ/$USDT chart. The price has touched a key resistance level, indicating a potential trend reversal. We may consider entering at this levele and benefit from the trend continuation.
1H - Technical Analysis:
Resistance: 0.51940000 | 0.56600000 | 0.67590000
Support : 0.40950000 | 0.34620000 | 0.23630000
- Oscillators: NEUTRAL
- Moving Averages: STRONG_BUY
Bitcoin Market Recap: Bullish Monthly Close and a Range-Bound PABitcoin has witnessed a bullish monthly close after several months of bearish and sideways price action. This doesn’t mean that the 6-month trading range has been lost or that we are trading outside of it. Yesterday, we saw a critical level, the Value Area High of the 6-month range, which acted as initial resistance. Our old daily level of $22,393, which previously served as support, came back into play and provided support once again. The price then moved into the Value Area Low of the current range and has been ranging between the Value Area High and Point of Control ever since.
Today, a new daily Naked Point of Control was established at the $23,180 level. Initially acting as resistance, we got Swing Failure Pattern from the monthly level and were accepted back into the level. As of now, the price continues to range within the established boundaries.
Tomorrow is an important day for the financial markets with the Federal Open Market Committee (FOMC) interest rate hike meeting and high-tech earnings reports. These upcoming statistics have the potential to impact the value of Bitcoin and other cryptocurrencies. If the monthly level holds and acts as support, we can expect the price to reach the $25,211 level, where our first resistance can be a new daily level of $23,745.5. On the other hand, if the price fails to hold the monthly level, we can anticipate a sell-off with the first support level at $22,287. In the worst-case scenario, if there is no SFP, we expect the price to drop to single prints and reach between the $21,000 - $20,500 level. Tech stocks earning reports can also act as a catalyst for price action, with the following support level expected to be at the $19,000 zone where the Point of Control of the entire range is located.
In conclusion, my strategy will be to trade within the established range until a break occurs. I will carefully monitor the price action and market reactions after the FOMC meeting and earnings reports. As we have traded these levels multiple times, they may become weaker, so I will be cautious and avoid setting pre-set orders. I will only trade while keeping an eye on live order flow.
Bearish (EFIH)THIS IS NOT AN INVESTING ADVICE, I AM ONLY SHARING MY THOUGHTS, AND WOULD LOVE TO HEAR YOURS IN THE COMMENTS EGX:EFIH
The stock broke the trend line, was supposed to stabilize above 19.5 but did not, so next support @ 18.24. Not good at all until going above the 19.5 and stabilizing above it
$ASTR/#BTC [#Astar]: Triangle_&_WedgeWe've detected a Triangle & Wedge pattern on the $ASTR/$BTC chart. The price is moving within a triangle or wedge pattern, indicating a period of consolidation. A breakout from this pattern could indicate a potential trend change, and We may consider buying and targetting higher level above the breakout level.
4H - Technical Analysis:
Resistance: 0.00000276 - 0.00000311 - 0.00000381
Support : 0.00000206 - 0.00000171 - 0.00000101
- Oscillators: NEUTRAL
- Moving Averages: STRONG_BUY
$MASK/#USDT [#Mask Network]: BBand_Breakout We've identified a Bollinger Band breakout on the $MASK/$USDT chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
Resistance: 3.39266667 | 3.64933333 | 4.17933333
Support : 2.86266667 | 2.58933333 | 2.05933333
An In-Depth Look at the Dynamic Bitcoin Price Action on January In the world of cryptocurrency trading, today was a highly intriguing day. Our predicted scenario played out beautifully as we saw the bitcoin price drop to the $22,950 level zone where multiple confluences converged. We saw a bearish (CVD) playing out exceptionally well, and then we saw the price push up to the monthly level before getting rejected and falling back within the range. Throughout the day, the price fluctuates within the range between the Value Area High and Point of Control, finally falling below the Value Area Low just before the NY close. Currently, the price is hovering between the Point of Control and Value Area Low, with the weekly Naked Point of Control at $22,860 and the Naked Session Point of Control at $22,480, both being tested.
Looking at past price behavior, we can see a similar fractal in the price drop toward the Value Area Low before a sharp increase from the $20,500 zone to the $22,500 zone. The first sign of weakness would be a break below the $22,287 level and its eventual rejection as support. In such a scenario, we can expect the price to drop back to the $20,500 zone.
However, the price will only be considered bearish if it falls outside the Value Area High and monthly level. If these levels hold support, we can expect the price to rise to the weekly $24,297 level or even reach the maximum pain scenario for late shorts at $25,211. It's important to note that we are still in the same range, and bitcoin has a history of prolonged periods of range-bound trading.
Additionally, the upcoming Federal Reserve interest rate hike meeting on February 1st, 2023, and earnings reports from companies like Apple, Amazon, and Google, will be significant factors in determining the future direction of Bitcoin's price. Keep a close eye on how the stock markets react to these events.