🤖 AI Insight

Based on the technical indicators provided, here is the analysis of ADXUSDT chart for the 4-hour timeframe:

Price: 0.1369
EMA7: 0.13674297705783
EMA25: 0.13656583572452
RSI14: 50.73568458765
MACD: -0.00013514780729404
Resistance: 0.1487
Support: 0.1289
Average Volume: 1041947.88
Volume Trend: Decreasing

Advice:

For long entry:
A long entry strategy is suggested when the price crosses above the EMA7 and EMA25, with the RSI above the 50 line (indicating oversold conditions), and the MACD is positive. At this point, wait for a little consolidation and retracement before entering the long position to minimize the risk.

For short entry:
A short entry strategy is suggested when the price crosses below the EMA7 and EMA25, with the RSI below the 50 line (indicating overbought conditions), and the MACD is negative. At this point, wait for a little retracement and consolidation before entering the short position to minimize the risk.

Best Long/Short Entry Prices:
For a bullish scenario: You can consider entering long positions when the price reaches a support level at 0.1289, using strict stop-loss orders to protect your investments. My suggestion is to monitor the RSI, MACD, and volume trend to determine the ideal entry point. The target for bullish trades looks promising for breaks above the resistance level around 0.1487, aiming to capture gains around the support and resistance levels identified.

For a bearish scenario: Entry points for short positions should align with the support level at 0.1289. As mentioned earlier, monitor the RSI, MACD, and volume trend closely to avoid entering during a strong bullish trend. The price could potentially break below the current support, resulting in a potential drop towards the next support at 0.12 (round number), followed by deeper correction towards 0.09 (round number).

Advice:
Wait for the RSI to indicate oversold conditions, indicating that buying pressure may increase. Furthermore, monitor the MACD line crossing below the signal line, suggesting a bearish momentum shift. Additionally, pay attention to the negative volume trend around the entry point to avoid entering the trade when strength is building up, indicating a bullish increase in buying pressure.

Best Spot Buy Price:
Given the current bearish trend, if you wish to buy at the spot market, wait for a potential bullish reversal after the RSI levels turn bullish (above 50), and the MACD line crosses above the signal line, indicating a positive momentum shift. Also, consider spot trade entries based on the volume trend, as mentioned above: wait for a decrease in bearish volume prior to initiating a buy order.