Crypto_Nikko
9 Following
19 Followers
25 Liked
0 Shared
OP/USDT 4H Analysis — Clear and Actionable Summary
Chart Breakdown
• Trendlines drawn:
• Red: Downtrend resistance from $0.95 peak – shows clear lower highs.
• Green horizontal: Strong support around $0.685 – price has bounced here before.
• Yellow line (MA150) and Pink line (MA200) – both have now been broken downwards, showing bearish momentum.
Indicators:
• RSI (6): 21.3 — Oversold. Historically this signals potential short-term reversal.
• RSI (12 & 24): Both under 40 — still weak overall momentum.
• Volume: Significantly lower compared to the previous rally. No strong buyers stepping in yet.
⸻
Next Move Prediction:
Short-Term (1–3 days):
• Scenario 1: Bounce from $0.685
• If this support holds, expect a short-term rebound to test $0.72–0.735, where MA levels are.
• RSI supports this potential bounce.
• Scenario 2: Break below $0.685
• If broken, next key support zone is $0.64–0.62, with high probability of capitulation wick to $0.60.
Bias:
• Slight bullish short-term due to oversold RSI and key support.
• Mid-term trend is bearish unless price reclaims above $0.735 (200 MA).
⸻
Action Plan:
• Hold: If you’re in a long, wait for reaction near $0.685 — set stop-loss just below.
• Buy scalp: Small long position with tight SL below $0.68 aiming for $0.72–0.735.
• Avoid chasing unless volume spikes with breakout candle above MA lines.
#OP #Write2Earn
Chart Breakdown
• Trendlines drawn:
• Red: Downtrend resistance from $0.95 peak – shows clear lower highs.
• Green horizontal: Strong support around $0.685 – price has bounced here before.
• Yellow line (MA150) and Pink line (MA200) – both have now been broken downwards, showing bearish momentum.
Indicators:
• RSI (6): 21.3 — Oversold. Historically this signals potential short-term reversal.
• RSI (12 & 24): Both under 40 — still weak overall momentum.
• Volume: Significantly lower compared to the previous rally. No strong buyers stepping in yet.
⸻
Next Move Prediction:
Short-Term (1–3 days):
• Scenario 1: Bounce from $0.685
• If this support holds, expect a short-term rebound to test $0.72–0.735, where MA levels are.
• RSI supports this potential bounce.
• Scenario 2: Break below $0.685
• If broken, next key support zone is $0.64–0.62, with high probability of capitulation wick to $0.60.
Bias:
• Slight bullish short-term due to oversold RSI and key support.
• Mid-term trend is bearish unless price reclaims above $0.735 (200 MA).
⸻
Action Plan:
• Hold: If you’re in a long, wait for reaction near $0.685 — set stop-loss just below.
• Buy scalp: Small long position with tight SL below $0.68 aiming for $0.72–0.735.
• Avoid chasing unless volume spikes with breakout candle above MA lines.
#OP #Write2Earn
Hey Guys!
What are the chances that OP will climb back up? Or it going to dump even heavier??
#OP #Optimisim
What are the chances that OP will climb back up? Or it going to dump even heavier??
#OP #Optimisim
Going up ⬆️
Going down ⬇️
8 hr(s) left
Login to explore more contents