Volumespreadanalysis
Attention please KATAUSDYou are always welcome.. Because of the lack of some data in the currency, I made two analyzes, only some of the data will be completed, and one will be considered and the other will be removed.
DOTUSDT | DECRYPTERS |POLKADOT Hi people welcome to Team Decrypters
We are buying DOT in spot for MID - Short term and Allocating 2% of portfolio
#Decrypters #dot #dotusdt #usdt #polkadot
Reasons :-
--A trendline breakout is a situation in which the price of an asset moves outside of a previously established trendline. This can signal a potential change in the direction of the trend and can be used as a buy or sell signal by traders
--Volume Profile is a charting technique that uses historical volume data to display the distribution of trading activity at different price levels., Traders use this information to identify areas of support and resistance, as well as to identify potential trading opportunities
The first appearance of negative signsThe first appearance of negative signs.. a head and two shoulder
WATCH OUT❗ BearRally Correcting Overleveraged MarketsHi Traders, Investors and Speculators of the Chart📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫
Bearish market rallies are meant to look like bottoms - shaking many holders out of their positions. This is because Stop Hunting Algorithms flourish here, hunting out your stop losses with wicks and volatility. In this short analysis, I explore the Total Cryptocurrency Market Cap in depth, using Technical Indicators such as the Bollinger Bands, Volume and Phoenix Ascending.
A formidable resistance zone is currently at 1T for the TOTAL chart, and I would only consider a reversal if we can CLOSE a WEEKLY candle ABOVE 1.1T ⬆ In other words, remember to take profits during a time of upward price action.
IMPORTANT XRP and XLM update coming tomorrow, stay tuned and follow 👀
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CryptoCheck
TSLA ready to bounce fastTSLA is probably one of the most famous bubbles that we had in this last bull market. Yes, it's probably one of the future car companies and more, but it was extremely overpriced.
Few months ago the algorithm showed a marvelous Head and shoulders pattern which usually predicts the end of a trend.
This october we had a confirmation of the break of this pattern and then we projected the price objective (black).
The price objective for a head and shoulders pattern is calculated by taking the distance between the head and the neckline (in the case of a top) or the shoulder line (in the case of a bottom) and projecting it downward (in the case of a top) or upward (in the case of a bottom) from the point where the neckline or shoulder line is finally broken. This distance is then added to (in the case of a bottom) or subtracted from (in the case of a top) the breakout point to give the price objective.
Consequently, the price objective for this pattern is between the range of 100-110$ where we also see previous volume and support and resitance levels in the 108$ zone. This worked fine and seems that it started bouncing. We should see the price rallying to 150 or even a bit more if the bounce is hard enough.
Anyway, if the price is back to the 100-110$ range seems a nice moment to buy with low risk and a potential fast return. Take care, this is not yet a bullish reversal for the long term trend, so we could see lower prices in the future but seems a great moment to take advantage of this pattern.