# Analysis of the CLANKER/USDT pair

Time period: 2025-09-08 00:00:00 ~ 2025-11-17 00:00:00

Nature of data: Real-time data

## Analysis of Japanese candlestick patterns

- [Late September] Appearance of a sideways trading pattern around the level of 22.42 - a signal of liquidity accumulation before a strong movement - medium signal

- [October 24] Appearance of a bullish price explosion model with a long green candle from 22.42 to about 110 - a very strong signal of trend change

- [Late October] Peak at level 144.00 followed by descending red candles - Signal of end of the bullish wave - Strong signal

- [Early November] Formation of a descending wedge pattern between levels 110 and 70 - Signal of continuation of the downward trend - Medium signal

- [Mid November] Appearance of a bounce pattern with green candles at level 70 - Signal of potential support - Medium signal

## Technical Indicators Analysis

- Moving Average: The orange moving average shows a shift from an upward to a downward trend after the peak, indicating a change in the overall trend

- Blue moving average: Shows a sharp decline after the peak, confirming the strength of the downward trend

- BOLL Indicator: Shows the upper range at 81.06 and the lower range at 51.69, indicating that the current price (74.10) is trading in the upper half of the Bollinger range

- Purple indicator (looks like MACD or momentum indicator): Shows a sharp increase recently, which may indicate improvement in bullish momentum

## Identifying Support and Resistance Levels

- Resistance levels:

- Major resistance: 144.00 (historical peak)

- Medium resistance: 110.00 (previous bounce level)

- Nearby resistance: 80.00 (psychological level)

- Support levels:

- Nearby support: 70.00 (last rebound area)

- Medium support: 50.00 (psychological level close to the lower limit of the Bollinger range)

- Strong support: 22.42 (level before price explosion)

## Overall Technical Assessment

- Trading volume: Decreased significantly after the sharp rise, indicating a decline in interest in the currency after the large increase

- Price trend: After a sharp rise, the price entered a downward correction, with some signs of stabilization recently

- Volume and price formatting: The sharp rise was accompanied by high trading volume, while the subsequent decline had lower volume, which may indicate that selling pressure is fading

## Conclusion

The CLANKER/USDT pair shows a classic pattern of a cryptocurrency that experienced a sudden spike followed by a correction. The current price at 74.10 is trading in a middle area after the sharp rise from 22.42 to 144.00. Technical indicators show some signs of improvement in momentum, but low trading volume calls for caution.

For traders, consider buying near support levels of 70.00 with a stop loss below 65.00. Exercise caution when approaching resistance levels of 80.00 and 110.00. Remember that the volatility in this pair is very high as shown in the chart, so proper risk management should be used and do not risk more than you can afford to lose.

The information above was researched and summarized by artificial intelligence and does not constitute investment advice.