Altcoins
Link/Chainlink USDT Trade Idea - Link followed my second path where it trapped a lot of late buyers evaporated BSL and came back to the point of origin and shooter up again
- If you are interested in buying Link then I would highly recommend you guys to wait because the RR as per the current price doesn't look good
- 12-14$ can act as a very good range or accumulation zone if you want to buy Link.
Crypto Total Market cap ( Atcoins Boom hard soon )At the peak of this bull run, we expect the #crypto market cap to hit at least $10 trillion, with #Bitcoin reaching $150k-$180k.
Work hard in the coming months to maximize profits. Stay ready for major market movements and manage risks effectively.
The next year could be life-changing—stay dedicated and persistent.
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#Ethereum Breakout: Will ETH ETF Decision Propel Prices to $6000#Ethereum Eyes Breakout: Will ETH ETF Decision Propel Prices to $6000?
CRYPTOCAP:ETH is showing bullish signs with a falling wedge/bull flag pattern and a strong bounce off support.
ETH ETF decision on Thursday. Deadlines for 4 ETF issuers are at the end of this month, starting May 23rd.
Potential Targets:
- Approval: #ETH could soar to $5000-$6000.
- Rejection: ETHUSDT might drop to $2500-$2000.
Conversely, a rejection, especially if based on the classification of tokens as securities, could lead to a downturn in ETH and #DeFi assets.
Strategy: Consider a spot long position, but avoid excessive leverage due to potential volatility.
Stay informed and trade smart.
$WIF Elliott Wave Analysis ( Target $20 As Per EW )CRYPTOCAP:WIF Elliott Wave Analysis
- The current EW 5-wave cycle appears complete, entering A-B-C correction.
- Post C-phase correction, anticipate a significant upward rally towards $16-$20 (1200% potential).
- Correction Target: Expecting a dip to 0.382 Fibonacci level ($1.60-$1.30).
- Worst Case: Exit strategy if price breaks below the bull flag's red line.
Stay tuned for updates.
#Ethereum Super Bullish Elliott Wave Analysis Towards $10,000#Ethereum Super Bullish Elliott Wave Analysis Towards $10,000 Target
1️⃣ ((C)) Zigzag Pattern: On the ETH/USDT 1D chart at the cycle degree, wave ((C)) of a Zigzag pattern appears to be unfolding. The projected target for this wave is $3,250.
2️⃣ Diagonal Wave 4: On the $ETH1D chart at the primary degree, Wave 4 down of an ascending Diagonal is currently in progress. The anticipated target for this corrective wave is $3,050.
3️⃣ Diagonal Wave [ ]: On the #ETH 1D chart at the Supercycle degree, Wave [ ] of an ascending Diagonal seems to be developing. The projected target for this significant wave is between $9,000 and $10,000.
Please Correct if I'm Wrong & Must Appreciate if you Happy with My Analysis.
Thank you Family.
Stay informed with our detailed technical analysis.
#Bitcoin Elliott Wave Count Analysis ( Ready for $44000 ?)#Bitcoin Elliott Wave Count Analysis
Intermediate Degree:
▪️We are observing a potential wave (3) down of a descending impulse on the 1-day chart.
▪️Target: $48,000 - $44,000.
Primary Degree:
▪️The 1-day chart suggests wave C down of a zigzag pattern is in progress.
▪️Target: $58,000 - $61,000.
Cycle Degree:
▪️At the cycle degree, wave ((ii)) down of an ascending diagonal appears to be forming.
▪️Target: $52,000 - $58,000.
Disclaimer: This analysis is based on current market conditions and the Elliott Wave Theory.
Always conduct your own research before making trading decisions.
Stay tuned for more updates and detailed insights.
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Bitcoin Dominance Altcoins Update - Bitcoin Dominance is currently looking bullish on a daily timeframe
- Bitcoin Dominance bearish is a green signal for Altcoins holders
- Once you see Bitcoin Dominance getting rejected from the 56-57% level altcoins will recover the partial dump they all made recently
- Altcoins bags exposure will be right once you see dominance trading at supply
- Buying altcoins when Bitcoin dominance is trading at demand is always a bad choice
Alert: AEVO Down -80% from Its All-Time High, What Next ?AEVO Down -80% from Its All-Time High
AEVO, listed on Binance on March 13, 2024, experienced a significant price movement shortly after its listing. Within 15 days, AEVO hit an All-Time High (ATH) of $3.94 from its listing price of approximately $2.80.
Current Status:
Current Price: $0.76
Down -80% from ATH
Technical Analysis Highlights:
- The chart indicated a clear exit point at the breakdown of the $2.93 support level.
- An alert was triggered when a bearish flag formed last month, followed by a breakdown and retest at the $1.46 level.
- It's crucial to learn from market movements and avoid trading blindly. Many investors who entered at the ATH are now facing an -80% decline.
Investment Impact:
An investment of $100,000 at ATH is now worth only $20,000.
Trade smartly, guys! Always perform thorough analysis and stay vigilant with market signals.
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SUI/USDT Breakout AlertSUI/USDT Breakout Alert
Current Price: $1.10
Breakout Point: $1.15
If SUI/USDT successfully breaks the $1.15 resistance level, we anticipate a significant upward rally.
Buy Zone: $1.10 - $1.15 (Only after a confirmed breakout)
Expected Rally: Potential 100% - 150% increase after a breakout.
Long-Term Targets: $3 / $5 / $10
Analysis: SUI Network stands out as a strong project for the long term. Keep an eye on the charts and get ready for the breakout!
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Bitcoin Weekly Closed is Epic so Ready for Massive Run?Epic Weekly Close for Bitcoin!
BTC is gearing up for a massive run
If BTC holds above $56,570, we could see an impressive rally soon!
Keep an eye on the charts as history suggests sustained breakouts lead to significant gains.
#BTC #Bitcoin #Crypto #CryptoAnalysis
PEPE/USDT Chart Analysis: Is the Bull Flag Signaling a Breakout?PEPE/USDT Chart Analysis: Is the Bull Flag Signaling a Breakout?
The PEPE token has been drawing attention in the crypto market due to its recent impressive performance. With a current trading price of $0.00000857, it has surged by 1650% in the past seven months and 1160% over the past three months. This meteoric rise has caught the eye of many traders, particularly those interested in technical analysis.
Bull Flag Pattern
Analyzing the chart reveals a potential bull flag formation, a pattern that suggests a continuation of an upward trend after a brief consolidation period. According to this analysis, the breakout has already occurred at $0.00000775. Now, traders are watching for a potential retest around $0.00000750, which could present an attractive entry point.
Price Targets and Risks
If the bull flag pattern plays out as anticipated, the projected target is around $0.000047, representing a 500% increase from the current price. This target hinges on a successful retest and subsequent rally.
However, it’s important to highlight the inherent risks. Investing in PEPE at this stage could be risky given its significant prior gains. For those considering fresh investments, it's crucial to have a stop-loss strategy in place. A strong indication of a trend reversal would be if a higher time frame (HTF) candle closes below the flag channel. In such a scenario, it's recommended to place a stop-loss to protect against potential losses.
Conclusion
While the PEPE token's bull flag pattern suggests potential further gains, the risks should not be overlooked. If you're considering investing based on this pattern, a carefully placed stop-loss can help mitigate potential losses if the trend reverses.
$BTC Risk-Managed Trading Beyond $64,500CRYPTOCAP:BTC Risk-Managed Trading Beyond $64,500
Red Box Resistance: The crucial resistance level is at $64,500. For a bull scenario, we need to see a confirmed candle close above this level.
Potential Breakout: If #BTCUSDT breaks above the red box, we could witness a rally toward a new all-time high.
Risk Warning: Only enter high leverage positions after clear confirmations to minimize risks. Proper risk management is essential.
#Bitcoin #cryptocurrency
Dogecoin (DOGE) Bull Run Analysis Target Toward $4Dogecoin (DOGE) Bull Run Analysis
Target: $4 (~25x from current level)
Technical Analysis (Elliott Wave Count):
According to my Elliott Wave count, DOGE is positioned to reach $4 in this bull run, representing nearly a 25x gain.
Earlier, I suggested a buy entry around the $0.07 level, which has already yielded a 200% profit.
Fundamental News:
Recent news indicates that Tesla has updated its payment methods to include #Dogecoin, which further fuels a bullish outlook for DOGE.
Key Takeaways:
Maintain a close watch on the bullish trend and Elliott Wave count for potential upward momentum.
The inclusion of DOGE in Tesla's payment methods could act as a catalyst for further gains.
Important Liquidation Levels for Bitcoin: $50k - $73kImportant Liquidation Levels for Bitcoin: $50k - FWB:73K
#Bitcoin Liquidation Heat Map:
Approximately $3 billion can be liquidated up to $71,715. Key levels to watch:
➡ $67,420: $2.75 Billion in potential liquidations.
➡ $50,000: $5 Billion waiting to be liquidated.
Key Areas to Monitor:
➡ $56.9k - $52.1k: Weaker liquidations.
➡ $59.5k - $58.5k: Heavy liquidation zone.
➡ $52.1k - $50k: Another heavy liquidation zone.
Scenarios:
➡ Below $50k: ~$5+ billion could be liquidated.
➡ Above $74k: $6.1 billion might get liquidated.
Current price is around $63k!
Stay alert!
Important BTC Update:Bulls and Bears Face Off at $64,000BTCUSDT Update: Current Resistance at $63,000
BTC is trading at the crucial $63,000 resistance level.
Next Move:
- Bullish Scenario: A decisive breakout above the $64,000 resistance could trigger an upward rally to a new all-time high.
- Bearish Scenario: Failure to break $64,000 might lead to a downturn, pushing BTC to the year's new low in the $45,000 - $50,000 range.
Keep a close watch on these levels as they will decide the next direction of BTC. Stay tuned for further updates!
$ETH Flag Pattern Alert: Below $2000 or Above $3300 for Bull RunCRYPTOCAP:ETH Flag Pattern Alert: Below $2000 or Above $3300 for the Next Bull Run
Bullish Outlook: #Ethereum is forming a bullish flag pattern, but the real confirmation will come with a breakout above $3300. Until then, don't fall for potential fakeouts.
Entry Strategy: Consider buying below $2000 if prices dip. A sustained breakout above $3300 could propel #ETH toward $10,000.
Support: $2200/$1500
Resistance: $3300/$4000
Watch Out: Keep a close eye on price action before making high-leverage trades.
Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Count
Greetings traders and investors,
Current Analysis:
The current BTC scenario appears bearish. As discussed earlier, I highlighted the likelihood of a significant dump. I hope you adhered to the warning and avoided long trades around $70,000 - $72,000.
Chart Analysis Recap:
The chart shows a clear bullish pennant formation, usually indicating a bullish trend. However, based on my experience, the market often moves contrary to expectations.
Pennant Breakdown:
#BTC briefly broke upwards before a fakeout and a subsequent breakdown below the bullish pennant.
Critical Breakdown:
After breaking below the $66,000 level, #Bitcoin dropped further past the red trend line and retested $67,400. Many traders, fearing missing out, opened long positions at this level only to be liquidated shortly afterward.
Elliott Wave Count:
We're currently in the 5th count of a fresh Elliott Wave and the 3rd sub-wave count. Expect a slight upward move to fulfill the "A" and "B" count.
Upward Move:
Expect a short-term pump towards $61,000 - $62,000.
Major Dump: Post-pump, BTC could dip further to $50,000, with potential dips toward $45,000.
Support & Resistance Levels:
Support: $51,000 / $42,000
Resistance: $62,000
Note:
If BTC breaks above the $62,000 resistance, the Elliott Wave count could change, then i will update.
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Trade safely,
FTX Sells $230M in Solana Tokens Amid Recovery EffortsSOLANA Urgent Update: FTX Sells $230M in Solana Tokens Amid Recovery Efforts
➡️ SOL Sale Details:
▪️Amount Sold: 1.8 million #Solana tokens
▪️Buyers: Galaxy Trading and Pantera Capital
▪️Price Range: $95 to $110 per token
▪️Unlocking Period: 4 years
➡️ Market Chart Analysis Update:
▪️Current Chart Analysis: CRYPTOCAP:SOL is showing bearish signs, struggling to maintain above $127.
▪️Potential Downside: If it breaks below $127, prices could drop to between $70-$80.
▪️Historical Note: #SOL was priced at just $8 about a year ago.
▪️Important Note: Keep an eye on the red trend line; crossing it could mean Solana becomes super bearish.
➡️ Discussion Point:
Could Solana hit $50? What are your thoughts given the current market conditions and recent sales?
Join the discussion and share your views!
Ready for Altcoins Season? Bitcoin Dominance Analysis Ready for Altcoins Season? Bitcoin Dominance Analysis
Critical Level: #Bitcoin Dominance hovers around the pivotal 55% mark, with potential outcomes hinging on breakout or rejection from 55%-57% resistance.
Altcoin Scenario: Breakout could trigger an altcoin bloodbath, while failure could signal a significant altcoin season, potentially leading to new all-time highs.
Observation: #BTC Dominance exhibits a pattern akin to the Bitcoin 2021 top.
Confirmation Needed: Await an impulse downward to solidify the pattern, reminiscent of the 73%-39% move in 2021.
Asymmetric Bet: Despite prolonged anticipation, the odds favor altcoins, presenting potential lucrative opportunities.
Patience Pays: Success rewards those resilient against social media sentiment and market frustrations.
Action Item: Vigilantly monitor charts for potential market movements, seizing earning opportunities as they arise.
#AltSeason #Altcoins #Cryptocurrency
ENA/USDT Ready to Upward move toward $2.5 ( 200% )ENA/USDT Chart Analysis Update
XETR:ENA has just made a significant move, breaking through the resistance line of a bullish flag pattern. This breakout is a crucial indicator of potential upward momentum in the near future.
Breakout Point: $0.89 ✅
We're now watching closely for a retest of the breakout level to confirm the strength of this move. If the retest is successful, we anticipate further bullish activity.
Target: $2.50
This target is set based on the dimensions of the bull flag pattern, projecting substantial growth.
Stop Loss: $0.78
To manage risk effectively, a stop loss has been set just below the recent support level.