Very simple and without any additional explanation, this purchase deal has a reasonable risk reward and the probability of winning this deal is over 80%!
In the 2-hour time frame of Bitcoin, due to the v-shaped movement that happened, the power of the price to climb has been greatly reduced. According to the Ichimoku data, I expect that after the cab target of this sell transaction with candlestick confirmations, we can move to the new historical price in Bitcoin.
Virtuals Protocol ( KUCOIN:VIRTUALUSDT ): Strategic Entry into AI-Driven Metaverse Token Trade Setup: - Entry Price: $1.586 - Stop-Loss: $1.421 - Take-Profit Targets: - TP1: $1.927 - TP2: $2.333 Fundamental Analysis: Virtuals Protocol is an innovative cryptocurrency aiming to revolutionize virtual interactions through its AI and Metaverse protocol. It serves as the infrastructure layer for co-owned, human-curated, plug-and-play gaming AIs, positioning itself at the forefront of integrating artificial intelligence with immersive virtual environments. Technical Analysis: - Current Price: $1.64 - Moving Averages: - 50-Day SMA: $1.50 - 200-Day SMA: $1.20 - Relative Strength Index (RSI): Currently at 70, indicating overbought conditions. - Support and Resistance Levels: - Support: $1.50 - Resistance: $1.80 Market Sentiment: The cryptocurrency market is experiencing renewed interest, with Virtuals Protocol standing out due to its innovative combination of AI and Metaverse elements. Its recent listing on major exchanges like Gate.io has increased its visibility and trading volume. Risk Management: Setting a stop-loss at $1.421 helps mitigate potential losses, while the take-profit targets of $1.927 and $2.333 offer favourable risk-reward ratios. Given VIRTUAL's volatility, strict adherence to these levels is crucial. *When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!* *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Price has traded through the low @67.71, indicating a shift in the market from bullish to bearish bias. There is an untapped imbalance above @67.87, an Internal Liquidity target. As we know. price seeks liquidity from External liquidity (lows and highs) to Internal Liquidity (FVGs). So the idea here is to wait for the pullback into the -FVG/imbalance and look for valod short setups, targeting the lows @66.98 and 66.50. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
The result of the USDTRY analysis in the long-term analysis was really interesting to me and this analysis continues. Sasha Charkhchian
This analysis is brought to you by the FXonbit Traders Team
Well... looking for what is important on daily chart after a LL following by LH and HL to finally breaks out HH. that implies an beginning of a up new trend. But yet for me do really think ECB will come aggressive on rates in this meeting. anyone wish to intraday it 7:30am is props before conference starts
Quick Take! Considering XRP is breaking key resistance, maintaining upward movement, and that RSI is still in neutral territory; if it breaks 2.56 with some momentum, next long price targets are at 2.90 and 3.20 within the next few hours ?
Please pay special attention to the accurate trend, and colored levels. You should noted, that the level of 922 is very very ... very important, if touched and if its broken upwards, this analysis is failed. The chart is very sensitive and you should be very careful with your capital. Be careful BEST MT
last week DJI is in balanced so we may see price move lower or higher.