OPN/USDT 5m chart looks great! The price just bounced perfectly from the strong support zone and is aiming for the upper resistance. Good opportunity for a quick scalp.
OPN/USDT is moving beautifully inside an ascending channel on the 15m timeframe. The price just bounced perfectly from the lower trendline support, making it a great long opportunity.
Reason: SOL is declining after being rejected from the resistance at $94. Now, it has broken the local support at $90.6 and is acting as resistance. Therefore, according to the chart, the next support zone is likely to touch $84.90.
Note: If the ongoing war situation doesn't negatively impact the overall market, technical analysis (TA) will continue to work perfectly for this setup.
Just look at the 1D chart. POWER just dumped almost 90% in a single day! It dropped from $2.57 all the way down to $0.15.
Please stay away from this coin right now. Don't try to "catch the falling knife" by opening random Long positions thinking it's cheap. It's highly volatile and extremely risky at the moment. Let the price settle down and build a structure first.
PHA/USDT 1h chart has received a significant rejection from the top after a large pump. The chart suggests that the market will either take a correction or give a big dump.
According to the chart, EUL/USDT has formed a beautiful "Symmetrical Triangle" or bullish pattern on the 15-minute timeframe. After a significant uptrend, the market was consolidating inside this triangle and is currently attempting to breakout the upper trendline. If the volume is good, a strong pump could be seen from here.
📌 Special Note: If there are no sudden negative news from global or war-related sources affecting the market, I hope that the technical analysis (TA) according to this pattern will work beautifully.
Always follow stop-loss (SL) and proper risk management in any trade. (DYOR)
According to the chart, ROBO/USDT is currently at 61.8% Fibonacci Golden Support (at the level of 0.04795) after a significant uptrend and is trying to hold the support. There is a possibility of a nice bounce from here.
📌 Short Note: The 61.8% Fibonacci level acts as the strongest support in technical analysis (TA). If market conditions remain normal, I expect the price to move upwards from here.
In any trade, be sure to follow stop-loss (SL) and proper risk management. (DYOR)
📌 Special Note: Currently, given the war situation between Iran, Israel, and America, if there is no negative impact on the market or if the market does not dump, then I hope this technical analysis (TA) will work completely.
🚨 Iran-Israel-America war and the crypto market: Is this a big trap?
🚨 Iran-Israel-America war and the crypto market: Is this a big trap? 🚨
Currently, the extreme tension and war situation between Iran, Israel, and America is under the spotlight of the whole world. Generally, during such geopolitical crises, significant panic or crashes are observed in the global market and the crypto market.
Join has been made by 30-40 thousand people, yet only the top 100 will receive the reward! * Who are these 100 people? Here, those who have huge trading volume or a large community are ruling. It is almost impossible for an ordinary user to win here. However, if at least 1000 people were given rewards, there would be some respect. #FabricFoundation #ROBOGLOBAL
$ESP had a massive run today (over +38%) but faced a harsh rejection at the top ($0.11431). Currently, the price has broken below both MA(20) and MA(50), and these moving averages are acting as strong resistance. A further correction downwards seems highly likely. 📉
🔴 Short Entry Zone: $0.10100 - $0.10300 (CMP)
🎯 Take Profit (Short Targets): TP 1: $0.09800 TP 2: $0.09350 (Local support area) TP 3: $0.08850 (Previous swing low)
🛑 Stop Loss (Tight): $0.10450 (Just above the MA 50 and recent rejection)
💡 Pro Tip: High volatile coin today! Keep leverage minimum and strictly follow the Stop Loss. If you are a Spot trader, it's better to stay away right now and wait for a proper bottom setup. DYOR!
$ESP has pumped significantly today (over +20%) but is now facing strong rejection near the local resistance. The volume is dropping, and a pullback towards the Moving Averages is highly expected. Perfect for a quick short! 🐻
🔴 Short Entry: $0.08950 - $0.09050 (CMP)
🎯 Short Targets (Take Profit): TP 1: $0.08650 TP 2: $0.08200 TP 3: $0.07850 (Near MA 50 & MA 20 support zones)
🛑 Stop Loss (Tight): $0.09250 (Just above the current rejection wick)
💡 Note: Since it's against the current bullish momentum, keep your leverage low (if using futures) and strictly follow the Stop Loss. Book partial profits at TP1. DYOR!