Ahmet Sadi

#1INCH traders should be careful. Today's volume is good but there are important resistances above.

#WUSDT reacted upwards from an important support. It has not given a buy signal yet, but it is worth following.

Unfortunately things are not going well with #Matic either. After breaking the uptrend support, it confirmed the decline with a pull back and continued downwards.

When we look at the Kairi indicator, we see that when it moves away from the 100-day exponential moving average downwards before, it usually moves away by 36% and then turns back up again (not all in the image). 36% below the current price is 0.2615 USDT. It seems to be falling towards the support around 0.26.

I hope it returns sooner and the investors don't lose more.

Unfortunately for #Bakeusdt traders, the news is not good on the technical analysis side. The price broke the lower band of the ascending trend channel down. This is a break of an important support. The horizontal support at 0.2550 was also broken down. The Ichimoku indicator also gives a sell signal in every sense. Tenkan-sen cut kijun-sen down 4 days ago, giving the first signals of a decline. It also went below the red cloud.

If the price fails to rise today and enter the channel again, chikou span will throw itself under the candles and give the last "sell signal" and it seems difficult for the price to turn up in the current selling volume.

Today's winner #hardusdt broke above its 200-day exponential average. Volumes of the last 2 days are also very good, but the "nadaraya watson" trend channel has been exceeded and the price may come down a bit with profit sales. Therefore, if those who carry positions take some profit or follow with a close stop, they will not leave profits on the table. It is possible that profit-taking will be met by the Kaufman moving average. But if the price stays around here without going below the 200-day average, a longer uptrade has started.

#Omusdt is trying to find support from the lower band of the rising trend channel. Volumes are low. If green candles with volume come in, it may come up to strong resistance around the 50-day simple moving average. If it crosses there with volume, it will target the upper band of the trend channel. It would be risky to open a new position before volume buying starts.

#BTC may visit the 365-day simple moving average below if it fails to recover. The average, which is currently around 51,500 USDT, means that traders have been costing and buying around that price over the past year.

It's also the level of the 38.2% fibonacci retracement from the bottom in late 2022 to the top in early 2024.

#Bitcoin #usdt daily chart is here

If we look at the lower band of this parallel channel and the positive divergence at the lows of the relative strength index (daily chart), we can predict that #bnx will now start to move higher. Hopefully, this prediction will come true if the market doesn't go the other way.