$MUBARAK Quick technical analysis from the chart: • The price is close to strong support around 0.0680 - 0.0685 • The lower Bollinger band has started to curl upwards = possibility of beginning stabilization or a rebound • MACD is in a nearly neutral position but could turn positive with a strong green candle
The current situation on the TUT/USDT pair is as follows:
Quick Analysis: • Current Price: 0.04143 • RSI(6): 62.3 → Close to the overbought zone (70) = Possible correction soon. • MACD: In a slight upward crossover, but the signal is weak (DIF is slightly above DEA). • Bollinger Bands: The price is approaching the upper band = May hit resistance. • Volume: There is a slight increase in green volume = There is buying pressure, but it's not very strong.
Recommendation now:
Do not enter a buy now. The price is close to resistance and the RSI is high; it’s better to wait for one of the following: 1. Price returns to the 0.04020 - 0.04040 area with clear support = Excellent scalping entry. 2. Clear breakout of the 0.04180 level with high volume = Enter on the breakout and set a quick target of 0.04300.
If you are in a short position: • You can start the first doubling if it touches 0.04180 and fails to break it. • Safe exit would be if it breaks 0.04200 firmly.
🔴 Drop 🔴 👎 Not a recommendation .. just an analysis only$BTC $XRP #Binance #TrendingTopic Quick technical analysis (real-time update): • Current price: 0.04295 very close to the upper Bollinger band (0.0437) = high chance of a reversal soon. • RSI = 67 still in the overbought territory. • MACD very weak and momentum is almost stopped. • The volume in the last candles has started to weaken = beginning of liquidity exit.
Advice for anyone trading futures contracts on TUTUSDT: 1. Do not enter late into an upward trend, especially if the currency is up +150% in one day. 2. Watch the RSI indicator closely; if it reaches above 70, this indicates overbought conditions and means a downturn could be near. 3. Candles at the upper Bollinger Band (BOLL) = potential for a significant reversal or correction. 4. No matter how enticing the market looks, do not chase the upward movement… patience during a downturn provides stronger and safer scalping opportunities. 5. Open a short position only when: • momentum starts to weaken (RSI drops) • inverse candles appear • volume starts to decrease and buying pressure weakens 6. Don’t forget the stop loss (Stop Loss) – because without a stop, one trade could wipe out your entire capital. 7. Speculation is not luck; it is reading market movements with steady nerves and discipline.
My analysis of the current situation based on the images: • RSI is very high (overbought) • The candles have started to weaken • MACD does not show strong upward momentum • The price is hitting resistance at 0.043 - 0.044
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Analysis of the BTC/USDT Chart 1. General Trend: • Current price 87,037.03 USDT with a decrease of -3.37%. • The general trend shows a downward correction after a bullish attempt. 2. Bollinger Bands (BOLL) Indicator: • The price is moving near the lower bound, which may indicate a potential upward rebound if stability continues. 3. MACD Indicator: • DIF: -3,137.75 • DEA: -2,714.82 • MACD: -422.93 (Red bars) • The continuation of red bars indicates the strength of the downward trend, but the decreasing bars may suggest the near end of the downward wave. 4. Relative Strength Index (RSI): • RSI(6): 39.93 • RSI(12): 36.97 • RSI(24): 39.57 • RSI levels below 50 indicate selling pressure, but they are not yet in the oversold territory. There may be room for further decline, but a rebound is possible. 5. Trading Volume: • Increase in red trading volume, indicating strong selling pressure.
Recommendation • If you are in a sell position, continue to monitor it with a close stop loss to secure profits. • If you are considering buying, wait for a clear rebound signal from the MACD and RSI, or a break of resistance upwards.. $ETH $