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PI/USDT on a 1-hour timeframe Chart Analysis

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Based on the chart analysis of PI/USDT on a 1-hour timeframe: Key Observations: Current Price: $2.60256 Support & Trendline: The price is currently near the ascending trendline (green diagonal line), which suggests that this level may act as support. If this trendline holds, the price may bounce upward. Indicators: VWAP (Volume Weighted Average Price) Levels: Upper VWAP: 2.8231 (Resistance) Middle VWAP: 2.71264 (Current Zone) Lower VWAP: 2.59314 (Support) The price is hovering around the lower VWAP, meaning it's near a support level. The price is also near the moving averages , indicating indecision. Price Action: There was a strong upward movement, followed by consolidation and a pullback. If the price breaks below the ascending trendline, it could indicate further downside. Decision Making: Hold Your Buy Position If: The price stays above the ascending trendline and shows signs of bouncing. A bullish candle pattern (like a hammer or engulfing) appears near support. Exit t...
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Analysis of PIUSDT (Pi Network/Tether) 1-Hour Chart  Key Observations: Uptrend in Progress: The price is following an ascending trendline in both charts. The Linear Regression Channel confirms an upward bias, indicating that the price is moving within a rising trend. Breakout from Consolidation: The price was moving sideways for some time before breaking out upwards. A strong bullish candle shows that buyers are in control. Indicators Suggest Bullish Momentum: VWAP Support: The price is above the VWAP (Volume Weighted Average Price), which indicates buying strength. Supertrend Indicator: The second chart shows the Supertrend flipped bullish , which suggests that the trend is shifting in favor of buyers. SAR (Parabolic Stop and Reverse) Indicator: The dots of the SAR indicator are below the price, confirming an upward trend. Potential Resistance Levels: The upper boundary of the Linear Regression Channel (~$1.90-$2.00) may act as the next resistance. If buying pressure contin...

Picoin PIUSDT Price Analysis

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PIUSDT Analysis – 30-Min Timeframe  1. Price Action & Trend Analysis Current Price: 1.50557 USDT ( -5.88% drop ). High: 1.61185, Low: 1.42668 (big price swing). Bearish Breakdown: Price fell below the ascending channel . Strong bearish candle with high volatility suggests further downside risk. Support zone near 1.45 - 1.50 USDT . 2. VWAP (Volume Weighted Average Price) Analysis Price is below VWAP , meaning the market is currently bearish . If price stays below VWAP for a long time, it confirms a downtrend . Buyers need to push price back above VWAP for a bullish recovery. 3. Should You Keep Your Buy Position Open? 🚨 Risk Factors: The price broke below the trendline and VWAP , signaling a potential downtrend. If it fails to recover above 1.55 , selling pressure may continue. A break below 1.45 could lead to 1.40 or lower . ✅ Possible Recovery: If price quickly reclaims 1.55+ , it may bounce back. Look for bullish confirmation on lower timeframes (15m, 30m) . 📌 Recomm...
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  PIUSDT 1-Hour Chart Analysis & Trade Decision Key Observations from the Chart: Current Price Action: Last close: 1.62912 USDT (slightly negative, down -0.54% ). Price reached a high of 1.6988 USDT , then pulled back. It is still within the ascending channel , meaning the overall trend remains bullish. Parabolic SAR (PSAR) Shift: The yellow PSAR dots (above price) indicate a previous downtrend. The blue PSAR dots (below price) indicate a bullish reversal signal . This suggests a potential continuation of the uptrend , supporting a buy position . Trend & Support Levels: Current support: Around 1.60 - 1.62 USDT (holding above this is bullish). Resistance: 1.70 - 1.75 USDT is the next target. If 1.75 USDT breaks , the price could move toward 2.00 USDT+ (upper channel). Should You Keep Your Buy Position? ✅ Yes, but with caution. Bullish Factors: PSAR just flipped bullish , and the price is respecting the ascending channel. Bearish Risk: If price falls below 1.60 USD...

Crypto Breaking News

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  Crypto Breaking News: Acting Chairmen Mark T. Uyeda launched a crypto task force. It's bullish for bitcoin and altcoin like ripple, cardano, chainlink, litecoin, dogecoin, Pi coin  #Bitcoin #Cardano #Ripple #Binance #Chainlink  $XRP $Bitcoin $BNB $ADA $SOL

This Week Bitcoin Price Analysis [20/03/2023-25/03/2023]

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On 4 hour chart Bitcoin have some support level seen at $24,999. On Daily chart Bitcoin resistance seen at $29,200. If current level break then Bitcoin will touch $29,200  Over the past week, Bitcoin has experienced some volatility, with its price fluctuating between $19,000 and $26,000. One possible factor contributing to this volatility is the recent rise in US treasury yields, which may have caused investors to shift their funds from riskier assets such as cryptocurrencies to safer assets like bonds. Additionally, there has been some concern over increased regulation of cryptocurrencies, particularly in USA, Japan and other european nation However, it's important to note that cryptocurrency prices can be highly unpredictable and affected by many factors, both internal and external. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions