Cryptocurrency Pair Analysis: Examining SOL/USDT and ADA/USDT on {{30-Dec-2023}}

in Steem4Bloggers • last year (edited)

Cryptocurrency Pair Analysis by @danish578

I want to clarify that I am not assuming responsibility for anyone here, and this is not a signal. I am simply sharing my market perspective.

SOL/USDT

This analysis indicates that SOLUSDT is currently in a downtrend. We may consider selling when the price reaches an extreme point. I've identified this extreme point as an Unmitigated Orderblock with a proper high structure. Each high and low is referred to as liquidity, emphasizing the importance of a strong confirmation before initiating a sell.

TradingView_Screenshot_1703904700157.jpg

ADA/USDT

At present, ADAUSDT is experiencing an uptrend as per the M5 timeframe. The highlighted point of interest (PoI) has been mitigated, and the buy execution has been completed. This decision was influenced by the Unmitigated Extreme PoI. With no significant negative factors below this extreme PoI, it validates the point as a valid PoI for buying.

TradingView_Screenshot_1703914687765.jpg

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Analyzed by@danish578
SourceTrading view
PairsSOL/USDT, ADA/USDT
Beneficiaries25% @null
Thanks For Voting My Post1680963762477.jpg
#steem4blogger #cryptoanalysis #burnsteem25 #club5050 #steemexclusive #dotusdt
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    @danish578
    Improve the quality of your post you need to learn more and always don't share the link of post posted elsewhere and make yourself part of any club member to improve yourself. can understand your activity and always remember to try to improve the quality of your post and images more and more thanks

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     last year 

    Thank you for your feedback! I appreciate the advice and will strive to enhance the quality of my posts. I'll definitely keep your suggestions in mind. Thanks again!

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       last year 

      Thank you, friend!
      I'm @steem.history, who is steem witness.
      Thank you for witnessvoting for me.
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