pandateam

Where do you think bitcoin will go now?

😬What to expect from #BTC . Some thoughts and possible future scenarios.
1. The week closed at $27,154 per BTC.
2. Mention of ETF approval fakes, which led to a return to the $29,000-$31,000 resistance zone.
3. Withdrawal of local liquidity for purchase with subsequent breakout of the local RSI trend line from April 2023.
4. Continuation of accumulation in the lateral range of $24,800 - $31,100.
5. We note a return to the middle of the range after the withdrawal of liquidity.
6. To emphasize the significance of flat lows at $24,800, which coincide with the mirror support level, which acts as a large pool of liquidity for sale.
7. Areas of interest for a global correction, including areas coinciding with Fibonacci levels ($23,000-$24,000; $21,000-$22,000; $18,000-$20,000). The nearest zone of interest for medium and long-term purchases is $23,000 - $24,000.
Conclusion:
In the range of $25,000 - $31,000, accumulation continues, and consolidation outside this range will determine the further direction of the asset's movement. In the case of continued growth and consolidation above the resistance zone, an active margin up to $38,000 is possible, while the resistance zone will act as a support zone.
$BTC #Bitcoin #біткоїн

DigiByte | Potential 450-530% 😱
1. DGBUSD has been consolidating for several months now after the correction in February that took it to its lowest point.
2. Notably, a higher low in October compared to June 2023, which is a positive sign of potential upside momentum.
3. DGBUSD is currently trading above the early November 2022 low, showing longer-term stability and strength.
4. The bullish divergence of the RSI and MACD indicators adds to the positive forecast.
5. In the short and medium term, I expect a potential target with significant growth, estimating it at the level of 450-530% within 1-3 months.
6. Although the future of DigiByte looks optimistic, I also emphasize that it will probably take more time to reach a new all-time high, perhaps in 2024.
⚡Investing in cryptocurrency often requires patience and a long-term focus.
#DigiByte #DGB #DGBUSD $DGB #DGBUSDT

🛑 Bad news for BAKE
It is important to exercise caution and manage risk when trading BAKE. We are now within a large diamond shape, namely the F branch of this large diamond structure. Notably, the F branch has transformed into a bowtie pattern, and we now see a descending wave marked "f" within this diametrical bowtie.
Note that as soon as the g branch of F is completed, expect to see a significant bearish wave marked "G".
To protect your investments, we recommend using stop-loss orders and applying effective capital management strategies.
$BAKE #BAKE

😎Ladies and Gentlemen Traders, let's take a close look at the chart of MKR paired with USDT, focusing on the one-day timeframe. We'll start by outlining an ascending trend channel with blue lines, covering data within an additional range.
In preparation for a potential larger correction, we will establish several key support levels. First, we have a support zone from $1,404 to $1,539. Behind it lies another zone on the border between $1,292 and $1,209. And the strongest level of support is near the $967 mark.
On the other hand, the price encountered a significant resistance zone between $1,476 and $1,565, leading to a deviation. If the price manages to break this zone, then the next target will be the second zone from $1.773 to $1.864.
I recommend checking the CHOP index, which indicates significant energy at the end of the current move. The RSI indicator presents difficulty in determining the direction as it fluctuates near the outer region. However, the STOCH indicator is pointing to a bounce near the boundary, hinting at a potential breakout from the recent upward movement in price.
Please be sure to do your own research and consider the risks before making any trading decisions.
$MKR #MKR #Maker #MKRUSDT

✴️ EOS EVM v0.6.0 is running on mainnet. Once the update is activated, EOS network users can easily move tokens from the main EOS blockchain to its EVM sidechain
$EOS #EOS

Historic Event - SEC Approves Spot Bitcoin ETF!

iShares opened the baton of approvals!

$BTC #BTC #bitcoinetf #sec

Hello everybody. Today I will be analyzing DNX, a fundamental cryptocurrency that accounts for 24% of all GPU mining power. Here's a breakdown of the key points:
⚡On the daily chart, DNX formed an ascending triangle pattern. Although this is not a perfect ABCDE wave motion, it is reliable. A recent break of the $0.95 resistance level within this pattern led to a rally to around $1.20. Subsequently, a pullback occurred and the price returned to the $0.95 level again. Currently, the price is stabilizing in the range of $0.95 to $1. If the previous resistance at $0.95 can turn into a support level, this could lead to a period of sideways movement ahead of a potential uptrend. The Ascending Triangle pattern assumes a target of $1.50 per coin.
⚡The downtrend marked by the red line has been broken. This breakout led to a slight uptick followed by a sideways movement. After the consolidation, DNX began to set new highs and lows, indicating the end of the downtrend. Now the price is on an upward trajectory, characterized by the fact that each subsequent minimum is higher than the previous one.
⚡DNX boasts a diagonal support line that has shown its resilience. It has already acted as a bounce point twice, and now we are witnessing a third bounce from this ascending trend line. If this trend continues, it could lead to a lot of price action.
⚡On the daily chart, DNX shows a bullish divergence. The Relative Strength Index (RSI) shows a lower low, while the price chart shows a higher low. This is considered a positive sign.
⚡The RSI index is stable in the range of 50, which indicates some strength.
⚡In the short term, the target for DNX is set at $1.50 per coin. In the long term, the price of DNX could reach $3 to $5 per coin by the end of the year.
If you found this analysis useful, please like and leave a comment. I really appreciate your support!
#DNX #Dynex

Plan for XMR/USDT (4-hour timeframe)
Trading XMR/USDT with a bearish forecast. The main goal is to wait for a break below the key support level of 150.80, which will signal a possible reversal of the current bullish trend and give an opportunity to open a short trade.
⚡ Entry point: I plan to enter the trade if the price drops below 150.80. This level is critical, and a decisive break below it will confirm the bearish scenario.
⚡ Stop-loss: To manage the risk, we will set the stop-loss at the level of 154.60. This means that if the price moves against the short position and reaches 154.60, I will exit the trade to limit potential losses.
⚡ Take Profit 1: Set at 148.50. This is the first target to take profit if the trade moves in our favor.
⚡ Take Profit 2: Set at 144.70. This is the second target level, which is a more advanced take profit level.
It is very important to effectively manage risks. A stop loss at 154.60 helps protect capital in case the market does not move as expected. Always stick to your trading plan, even if emotions or market fluctuations tempt you to deviate from it.
Remember that trading involves risk, so conducting thorough analysis and following a risk management plan is essential to making informed and strategic trading decisions.
$XMR #XMR #XMRUSDT

Do you believe in the growth of Bitcoin during the halving?

Several key points can be highlighted in the 4-hour chart analysis of #ETC to #USDT :
📊 $ETC price is currently trading above the local uptrend line, indicating a short-term bullish trend.
📊 The analysis identifies support levels at $15.44, followed by a support zone ranging from $15.19 to $14.98. At these levels, buyers can step in to prevent prices from falling further.
📊 On the other hand, resistance levels are noted at $15.65, $15.96, $16.20, as well as the resistance zone from $16.44 to $16.79. These levels are potential barriers that the price can overcome in its upward movement.
📊 The CHOP indicator is used to assess market volatility and momentum. It indicates that there is significant energy in the market that could lead to price movement.
📊 The STOCH indicator is near its upper limit, indicating a potential change in price direction. However, it also indicates that there is still room for the price to fall further.
Traders should consider these technical factors when making trading decisions. It is important to conduct thorough analysis and use appropriate risk management strategies, especially in the volatile cryptocurrency market.
#EthereumClassic

$KNC (Kyber Network Crystal) appears to be in a swing phase, with relatively stronger bulls versus bears.
⚡ KNC is currently trading in a range of about 10%, indicating that it is moving within a defined price range.
⚡ It looks like the bears had a harder time pushing the price down as it took them a week to achieve what the bulls managed in just two days. This observation suggests that bullish sentiment or buying interest may be underlying KNC's price.
Range periods can be opportunities for both short-term traders looking to capitalize on price movements within a range, and long-term traders who may be waiting for a breakout or confirmation of a trend. During such periods, it is important to monitor key support and resistance levels to make informed trading decisions.
Remember that cryptocurrency markets can be very volatile, so it's important to use the right risk management strategies and stay up-to-date with the latest market developments.
#KNC #KyberNetworkCrystal

PLSUSDT appears to be on an upward trajectory after reaching the bottom of the ascending channel. The price is currently hovering around the 4-hour MA50, presenting a potential buying opportunity.
🟩 Look for a buy signal after the daily (1-day) candle closes above the 4-hour MA50.
🟩 The initial target is set at $0.2700, which corresponds to the 2.0 Fibonacci level.
🟩 The MACD indicator has formed a bullish cross on the 4-hour chart. This is a positive sign and indicates potential upside momentum.
🟩 The previous "bullish cross" on the MACD was formed on September 25, which coincided with the beginning of a new "bullish" phase. This historical background can provide additional confidence in the current situation.
Please note that trading decisions must take into account risk management strategies and it is important to conduct thorough analysis and stay abreast of the latest market developments.
#PLS #Pulsechain

✴️Santiment notes a surge in whale activity in #LINA and #MANA
#крипто $LINA $MANA