$NTRN
Analysis and Strategy of NTRN/USDT
1. Current Market Trend:
Price: 0.1554 (+7.17%)
24h High: 0.1563
24h Low: 0.1439
The market is showing bullish momentum.
2. Technical Analysis:
EMA (Exponential Moving Average)
EMA(9) = 0.1543
EMA(20) = 0.1527
The price is above EMA(9) and EMA(20), which is a strong bullish signal.
RSI (Relative Strength Index)
RSI(50) = 63.15 (Strong Bullish)
RSI(200) = 57.39 (Healthy Uptrend)
RSI has not yet gone into the overbought zone, which means it can go higher.
Wm %R (Williams %R Indicator)
-7.75 (Near Overbought Zone)
This indicates that a short correction in the market may occur.
MACD (Moving Average Convergence Divergence)
MACD has entered the positive zone, indicating further upward movement.
If MACD goes higher, it will be a strong bullish confirmation.
Volume Analysis
Recent volume has increased, indicating strong buying interest.
If volume continues to rise, the price may go higher.
3. Scalping and Futures Trading Strategy
Long Entry (Buy) - If the price goes higher
Entry: Above 0.1565
Stop Loss: 0.1530
Target 1: 0.1580
Target 2: 0.1600
Short Entry (Sell) - If the price goes down
Entry: Below 0.1530
Stop Loss: 0.1560
Target 1: 0.1510
Target 2: 0.1490
4. Conclusion:
The market is currently in the bullish zone, but due to being near overbought, a short correction is likely.
If it goes above 0.1565, a long entry can be taken.
If it goes below 0.1530, a short entry would be better.