catchcoin priceCATCH

Crypto pullbacks can often provide opportunities to jump on an established trend. It’s difficult to catch a crypto trend in early phases and conservative traders prefer to jump in midstream, once a trend is established. Even in a crypto UpTrend, prices never go straight up, day after day. There are times when price consolidates, pulls back, and then resumes an UpTrend. These corrections are opportunities to join a crypto trend. And this applies to crypto DownTrends as well, for those who like to Short Sell. An UpTrend’s definition is when the price forms Higher Highs (HH) and Higher Lows (HL). DownTrend is the opposite – Lower Highs (LH) and Lower Lows (LL). After running this screen, traders should visually confirm the HH and HL for an UpTrend or LH and LL for a Downtrend, as indicated in the example with THETA.

The charts don’t lie – Cardano has kicked off the new year as a standout performer. With a 30% surge, Cardano has outpaced its rivals, and its breakout against BTC in the ADA/BTC pair revealed that investors are increasingly eyeing it as a top choice for diversification. This rally also sent Open Interest (OI) soaring by 11%, hitting an impressive $1.31 billion. To put that into perspective, ADA’s press time OI was even higher than when it hit its yearly high of $1.24 during the “Trump pump.” However, here’s the catch – to maintain this upward momentum, whales need to keep pushing for accumulation. With the difference between short and long liquidations razor-thin, even a small shift could send Cardano into a downward spiral, squeezing out longs. Still, with trading volume up by 30% and spot outflows increasing, ADA could easily climb towards $1.50 in the near term. If this trend continues, Cardano could easily lead the next altcoin cycle – especially with Bitcoin dominance seeing a death cross, signaling a shift that could open the door for altcoins to shine.$ADA

🚀 $BIO /USDT Technical Analysis & Trade Signal: Ride the Waves! 🌊 Current Price: 0.6296 USDT Key Support & Resistance Levels: Support: 0.6251 USDT (Recent Low) Resistance: 0.7283 USDT (Recent High) Market Sentiment: The BIO/USDT pair is currently experiencing a short-term bearish phase, showing a 7.22% drop in the last 24 hours. However, the price is hovering around a critical support level at 0.6251, creating a potential opportunity for a bounce-back. Trade Signal: Buy or Wait? BUY: If BIO/USDT breaks and holds above 0.6251 USDT, consider buying to catch the upward momentum. SELL: If the price dips below the 0.6251 support, a sell strategy may be prudent as the price could continue to fall. Target Levels 🎯: 1. Target 1: 0.6450 USDT – Watch for a potential bounce and resistance here. 2. Target 2: 0.6650 USDT – A key level where resistance could push the price lower. 3. Target 3: 0.7283 USDT – The ideal target if bullish momentum confirms the reversal! Momentum & Strategy: The momentum is still bearish, but a breakout above 0.6251 could signal a shift to bullish trends. Keep an eye on the volume: increased volume during a breakout can confirm the price movement and momentum! Stay alert, trade smart, and capture those waves! 🌊📈

$BIO /USDT Technical Analysis & Trade Signal: Ride the Waves! 🌊 Current Price: 0.6296 USDT Key Support & Resistance Levels: Support: 0.6251 USDT (Recent Low) Resistance: 0.7283 USDT (Recent High) Market Sentiment: The BIO/USDT pair is currently experiencing a short-term bearish phase, showing a 7.22% drop in the last 24 hours. However, the price is hovering around a critical support level at 0.6251, creating a potential opportunity for a bounce-back. Trade Signal: Buy or Wait? BUY: If BIO/USDT breaks and holds above 0.6251 USDT, consider buying to catch the upward momentum. SELL: If the price dips below the 0.6251 support, a sell strategy may be prudent as the price could continue to fall. Target Levels 🎯: 1. Target 1: 0.6450 USDT – Watch for a potential bounce and resistance here. 2. Target 2: 0.6650 USDT – A key level where resistance could push the price lower. 3. Target 3: 0.7283 USDT – The ideal target if bullish momentum confirms the reversal! Momentum & Strategy: The momentum is still bearish, but a breakout above 0.6251 could signal a shift to bullish trends. Keep an eye on the volume: increased volume during a breakout can confirm the price movement and momentum! Stay alert, trade smart, and capture those waves! 🌊📈

🚀 $BIO /USDT Technical Analysis & Trade Signal: Ride the Waves! 🌊 Current Price: 0.6296 USDT Key Support & Resistance Levels: Support: 0.6251 USDT (Recent Low) Resistance: 0.7283 USDT (Recent High) Market Sentiment: The BIO/USDT pair is currently experiencing a short-term bearish phase, showing a 7.22% drop in the last 24 hours. However, the price is hovering around a critical support level at 0.6251, creating a potential opportunity for a bounce-back. Trade Signal: Buy or Wait? BUY: If BIO/USDT breaks and holds above 0.6251 USDT, consider buying to catch the upward momentum. SELL: If the price dips below the 0.6251 support, a sell strategy may be prudent as the price could continue to fall. Target Levels 🎯: 1. Target 1: 0.6450 USDT – Watch for a potential bounce and resistance here. 2. Target 2: 0.6650 USDT – A key level where resistance could push the price lower. 3. Target 3: 0.7283 USDT – The ideal target if bullish momentum confirms the reversal! Momentum & Strategy: The momentum is still bearish, but a breakout above 0.6251 could signal a shift to bullish trends. Keep an eye on the volume: increased volume during a breakout can confirm the price movement and momentum! Stay alert, trade smart, and capture those waves! 🌊📈