Crypto Fear & Greed Index: 26
Yesterday, the index was 34.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
Yesterday, the index was 34.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#BTC/USDT Analysis-
According to the analysis, BTC has fallen more than -30% from its previous swing high which was made on 29th July 2024.
BTC is expected to find support between 48969-52985, which is a major support zone. Once BTC takes support, we can expect some consolidation over the next 3-4 weeks, followed by a potential rally towards a new all-time high
According to the analysis, BTC has fallen more than -30% from its previous swing high which was made on 29th July 2024.
BTC is expected to find support between 48969-52985, which is a major support zone. Once BTC takes support, we can expect some consolidation over the next 3-4 weeks, followed by a potential rally towards a new all-time high
Crypto Fear & Greed Index: 17
Yesterday, the index was 26.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
Yesterday, the index was 26.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#Update on BTC/USDT Analysis-
According to the analysis, after falling more than 30% in just one week, BTC has found support precisely at 49,000.
There are five psychological probabilities following this significant drop:
1. BTC could make a V-shaped recovery from this price level.
2. BTC could consolidate for more than 2-3 weeks before breaking out or breaking down.
3. BTC could break down below 49,000 and resume its downtrend.
4. BTC could initially break down, giving a false signal, and then rise.
5. BTC could consolidate for 2-3 weeks, then give a false breakout or breakdown and move in the opposite direction of breakout or breakdown.
According to the analysis, after falling more than 30% in just one week, BTC has found support precisely at 49,000.
There are five psychological probabilities following this significant drop:
1. BTC could make a V-shaped recovery from this price level.
2. BTC could consolidate for more than 2-3 weeks before breaking out or breaking down.
3. BTC could break down below 49,000 and resume its downtrend.
4. BTC could initially break down, giving a false signal, and then rise.
5. BTC could consolidate for 2-3 weeks, then give a false breakout or breakdown and move in the opposite direction of breakout or breakdown.
#LDO/USDT analysis :
#LDO is in a downtrend, currently rejecting from the 200 EMA resistance after going through a correction phase. It is expected to continue its bearish momentum and test the previous swing low. Wait for the break of the $1.091 level downside for a short entry.
TF : 15min
Entry : $1.091
Target : $0.993
SL : $1.153
#LDO is in a downtrend, currently rejecting from the 200 EMA resistance after going through a correction phase. It is expected to continue its bearish momentum and test the previous swing low. Wait for the break of the $1.091 level downside for a short entry.
TF : 15min
Entry : $1.091
Target : $0.993
SL : $1.153
ORBS/USDT.P analysis-
The price has formed an ascending symmetrical triangle pattern by making higher highs and higher lows. If it breaks out, it has the potential to reach the target zone.
T.F.- 15-M
ENTRY- as soon as it gives breakout
SL- 0.02554
TARGET- 0.02820
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
The price has formed an ascending symmetrical triangle pattern by making higher highs and higher lows. If it breaks out, it has the potential to reach the target zone.
T.F.- 15-M
ENTRY- as soon as it gives breakout
SL- 0.02554
TARGET- 0.02820
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#SCRT/USDT analysis :
#SCRT is in a downtrend, consistently trading below the 200 EMA. The price is currently trading in a resistance zone.
It is expected to be rejected from there and will soon continue its downward movement. Wait for the breakout of the $0.1960 level for a short entry; the previous lows will be the target.
TF : 30min
Entry : $0.1960
Target : $0.1742
SL : $0.2094
#SCRT is in a downtrend, consistently trading below the 200 EMA. The price is currently trading in a resistance zone.
It is expected to be rejected from there and will soon continue its downward movement. Wait for the breakout of the $0.1960 level for a short entry; the previous lows will be the target.
TF : 30min
Entry : $0.1960
Target : $0.1742
SL : $0.2094
SOL/USDT analysis-
The price is facing a major resistance zone. Once it breaks below the 153.2 level, it is expected to fall to the target zone.
T.F.- 5-M
ENTRY- as soon as it gives breakdown below 153.2
SL- 155.5
TARGET- 149.15
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
The price is facing a major resistance zone. Once it breaks below the 153.2 level, it is expected to fall to the target zone.
T.F.- 5-M
ENTRY- as soon as it gives breakdown below 153.2
SL- 155.5
TARGET- 149.15
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#APE/USDT analysis :
#APE is currently in a downtrend, trading consistently below the 200 EMA. The price is currently within a resistance zone. It is anticipated to face rejection from this zone and continue its downward trajectory.
It is advisable to await the breakout of the $0.580 level for a short position, with the previous swing low likely to be tested.
TF : 30min
Entry : $0.580
Target : $0.537 and $0.509
SL : $0.607
#APE is currently in a downtrend, trading consistently below the 200 EMA. The price is currently within a resistance zone. It is anticipated to face rejection from this zone and continue its downward trajectory.
It is advisable to await the breakout of the $0.580 level for a short position, with the previous swing low likely to be tested.
TF : 30min
Entry : $0.580
Target : $0.537 and $0.509
SL : $0.607