#BTCVSGOLD I have already indicated the short trends that can be followed by investors. here are the screen shorts of both quotes. Disclaimer : investing in liquidity market is high risk. research before investing .
*Comment* The RSI is negative but supported by a strong support.
*Alternative scenario* Below 79020 look for further downside with 74300 & 69890 as targets.
*Current trend*
- Short term: ↑ (up) - Medium term: ↓ (down)
#GOLD is on the previous support 4210 after touching recent support 4194-95 it may again move to the 4233-4240-4260-4288 alternative scenerio if it drops from support 4210 the next support is 4194 4175.0 4156.0 disclaimer : research before investment
#BTCUSDTAnalysis trading volume of #btcusdt suggest less down trend and may be improving bearish trend as it couldn't break the resistance. liquidity gap suggest a down trend. Disclaimer : market is volatile and risk research and review before investing .
*Trading Volume:* The 24-hour trading volume for DOGE is 1.95 billion, and the 24-hour trading volume in USDT is 271.96 million.
*: recent trend analysis
1. *Price Movement:* The last price is 0.13882 USDT, with a mark price of 0.13883 USDT. The price has decreased by 0.14% in the last 24 hours. 2. *Chart Pattern:* The chart shows a downward trend over the past few days, with some fluctuations. The price has been declining from a high of around 0.30679 USDT to the current level. 3. *Moving Averages (MAs):* The MAs are trending downwards, indicating a bearish sentiment. The short-term MA (7) is below the longer-term MAs (25 and 99), suggesting a potential continuation of the downtrend. 4. *Volume:* The trading volume is relatively high, indicating significant market activity.
Based on the analysis, the recent trend for DOGEUSDT is *bearish*, with a downward price movement and decreasing MAs. The high trading volume suggests that the market is actively participating in the price action. However, it's essential to note that cryptocurrency markets can be highly volatile, and trends can change rapidly. Disclaimer: The market is volatile think before investment .
"Bitcoin Price Analysis: A Downward Trend on the H4 Chart
The current H4 chart for Bitcoin against the US Dollar shows a clear downward trend, with the price having decreased significantly over the observed period. The chart is currently trading around $95,812.79, with a support level at this price point.
The shaded area on the chart suggests a potential trading range or pattern, although further analysis would be needed to confirm this. The downward trend line indicates a bearish market sentiment, with sellers dominating the market.
For traders, this chart presents both opportunities and risks. A break below the current support level could lead to further declines, while a bounce off this level could signal a potential reversal.
Disclaimer: Trading cryptocurrencies involves risk, and prices can be volatile. The information provided is for educational purposes only and should not be considered as investment advice. Always do your own research and consult with a financial advisor before making any trading decisions
Current Market Status - *Price*: 0.2077 USDT (Rs58.93 in PKR equivalent) - *24h Change*: +2.42% - *24h High/Low*: 0.2105 / 0.2011
Chart Analysis - The chart shows a significant price spike in the past, reaching ~9.1733 USDT, followed by a sharp decline. - Current price is near the bottom of the overall trend since the spike. - Indicators: - *MACD*: -0.4261 (suggests bearish momentum) - *DIF*: 0.0390 - *DEA*: 0.4651
Interpretation - OM/USDT is in a downtrend overall based on historical data. - Short-term (24h) there's a slight uptick (+2.42%). - Indicators suggest bearish sentiment.
$SOL is trading at $204.47 (+0.63%), showing steady bullish momentum after holding support near $203.00. Key resistance sits at $206–$208, and a breakout could drive price toward $210 in the short term. Downside protection remains at $202.30. Trade Setup: 🔹 Entry: $204–$205 🔹 Target: $208 🔹 Stop-loss: $202.3 Disclaimer. Your money is at risk trade wisely.
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