🕐 Used Timeframes:
⏰️15 Minutes; 1H; 4H; 1D
📌 General Technical Summary (Multi-Timeframe Analysis):
🔹 1. Daily Frame:
Overall Trend: Very Strong Upward.
The price rose from 1.90 to 3.66 and then began a slight correction.
RSI = 85.6 → Very clear overbought condition.
MACD is very positive but has started to slow down.
Bollinger Band: The price broke the upper limit and started to return towards the middle.
✅ Interpretation: The price entered a natural correction phase after a price explosion.
🔹 2. 4-Hour Frame:
The price is in a sideways consolidation between 3.40 and 3.66.
RSI = 52 → Neutral.
MACD shows a slight negative crossover but is still close to zero.
The candles indicate selling pressure, but there is no clear break of support.
✅ Interpretation: The market shows signs of calming and horizontal correction, not a sharp decline.
🔹 3. 1-Hour Frame:
The price is in a mildly downward sideways trend.
RSI = 36 → Close to the oversold area.
MACD is negative and weak.
The price is approaching the middle of the Bollinger Band.
✅ Interpretation: Light selling pressure, and we may witness a technical rebound soon at 3.38 or 3.32.
🔹 4. 15-Minute Frame:
RSI = 39 → Near the oversold area.
The price recorded a low of 3.3882 and then bounced slightly.
MACD is negative and weak.
A beginning of a green candle shows an attempt to break a short-term downward trend.
✅ Interpretation: Instant selling pressure has started to weaken, and there is a possibility of a short rebound towards 3.42–3.45.
🔍 Strong Support and Resistance Areas:
Type Price
Strong Support 1 3.38
Strong Support 2 3.32
First Resistance 3.46
Second Resistance 3.66
📈 General Conclusion – VIP:
The medium trend is still upward, but the currency is currently undergoing a correction and accumulation phase.
As long as the price is above the 3.32–3.38 area, the market still maintains upward momentum.
If the price breaks down 3.32, the situation will shift to a deeper correction.
If the price breaks up 3.46 with strong trading volume, we will return to the upward path and may retest 3.66 then 3.85.
🎯 VIP Recommendation:
For traders: Watch the 3.38 area, as it is a technical rebound opportunity.
For short-term investors: Hold the stock as long as it is above 3.32 and add if rebound candles appear.
If buying now: Set a stop loss at 3.31 and first target 3.46 and second target 3.66.
This is just a free VIP signal; if you want to profit from more than one cryptocurrency, do not hesitate to contact me.
✍️Dr-Crypto-LB
