MATIC Bullish Retest After Breakout so Target ?MATIC/USDT Chart Analysis: Potential 20-30% Rise on Support Level Bounce
Polygon (MATIC) has recently been retesting a key support level. This is an exciting time for traders and investors alike, as a bounce from this support level could potentially lead to a 20%-30% upward move in MATIC's value.
However, it is important to keep an eye on the $0.95 level. If the price of MATIC falls below this level, the trend could turn bearish, and it may be time to reconsider your trading strategy. On the other hand, if the price holds above $0.95, it could signal a bullish trend and a good opportunity to go long on MATIC.
As always, it is essential to have a clear exit strategy. If you decide to go long on MATIC, consider setting a stop-loss order below the $0.95 level to protect your investment.
Remember, the key to successful trading is to stay informed and make calculated decisions based on the market trend.
Keep an eye on the MATIC/USDT chart and be ready to adapt your strategy as the market evolves.
Bitcoin (Cryptocurrency)
Bitcoin ( $BTC ) Surges Past $45,000 for First Time Since April Bitcoin ( CRYPTOCAP:BTC ) Surges Past $45,000 for First Time Since April 2022!
In the early hours of the day, Bitcoin's price surpassed $45,000 for the first time since April 2022, driven by expectations of a U.S. Securities and Exchange Commission ( #SEC ) approval for a spot Bitcoin exchange-traded fund (ETF).
Are you ready for the next wave of crypto growth?
Strong Resistance: $48600-$50600
#Bitcoin #Crypto #ETF #BitcoinETF
$BTC Power of 2 in action!CRYPTOCAP:BTC Power of 2 in action
Bullish Rectangle + Continuation
Bullish Rectangle spotted during this strong uptrend, signaling a potential continuation!
What to watch for:
✅ Bullish Rectangle Formation
✅ Breakout to the Upside
🔃 Continuation to FWB:52K
Let's follow the Power! #Bitcoin
ETHEREUM Broken Bull Flag so Now Target is $2800 as per Chart#Ethereum Market Update: On the Way to $2800!
Current Status:
Ethereum (#ETHUSDT) has shattered the $2300 resistance mentioned in the last post and is now trading above $2400.
Bull Flag Resistance Broken at $2255, with a successful retest at $2200.
Analysis:
Bullish momentum continues, setting the stage for a push towards $2800.
Caution: In the event of a market downturn due to negative news, anticipate a potential retest at $2290-$2300 before the upward journey to $2800.
Critical Levels:
Resistance Broken: $2255
Retest Completed: $2200
Bullish Target: $2800
Important Note:
Sustaining below $2200 may shift #ETHUSDT into Bearish Mode.
Stay tuned for real-time updates!
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#EthereumUpdate #CryptoTrading #ETHAnalysis
Bitcoin Ready for $51000 or $31000 ?CRYPTOCAP:BTC Chart Analysis:
Bitcoin Bull Flag:
Chart pattern suggests bullish trend with targets of $48000-$52000.
However, #Bitcoin is heavily influenced by #BitcoinETF news, so caution is advised.
What to do?
If BTC/USDT holds above $41000, a bullish run to $48000-$51000 is possible.
But, a breakdown below $41000 could quickly lead to $31000.
Remember: Always trade with the trend and confirmations, never gamble.
#BULLRUN2024
MOVR/USDT -70% Retracement Need for Future Growth$MOVR Impressive Rally: From $4 to $11 in a Flash!
In the world of #cryptocurrency the price movements of tokens can sometimes be as thrilling as a rollercoaster ride.
In this post, we'll discuss the recent journey of #MOVR and its potential future trajectory.
From Nov 2021 to Oct 2023, MOVR experienced a steep decline of 99.35%, dropping from a peak price of $540 to a low of $3.60.
However, the token made a stunning comeback from Oct 2023 to Dec 2023, surging by an astonishing 1132% (11x) and reaching a new high of $44 form $3.60 Bottom.
As we look to the future, there is a possibility that MOVR perience a retracement to the $10-$12 range before the next leg upward.
Waiting for a good entry at a dip can often lead to more favorable returns.
Bitcoin Bullish Triangle But High Volatile in next Few DaysAttention #Bitcoin traders!
Stay cautious, as the market is about to get super volatile. It's highly recommended to steer clear of leveraged positions to avoid potential risks.
What are your thoughts on #BitcoinETF? Share your insights and let's discuss!
Remember, always prioritize risk management in your trading strategies.
Bitcoin Halving 2024: Ride to $250K? Bitcoin Halving 2024: Ride to $250K?
Introduction:
In the crypto realm, Bitcoin reigns supreme.
As we gear up for the upcoming Bitcoin halving in April 2024, the excitement is tangible.
The halving, a historic price catalyst, has set the stage for Bitcoin's surge.
Let's delve into the phases of the halving and the prospect of Bitcoin hitting $250K.
5 Zone of the Bitcoin Halving:
1️⃣ Pre-Halving Zone:
Approximately 4 months pre-halving, a prime time for deep retraces that historically lead to post-halving gains.
2️⃣ Pre-Halving Pump:
Around 100 days before the halving, a rally ensues as investors "Buy the Hype" in anticipation, aiming to "Sell the News."
3️⃣ Pre-Halving Retracement:
A common retrace around the halving date ( Pink Colour ), fostering investor doubts about the halving's bullish impact.
2012: -30%
2016: -45%
2020: -66% ( Covid )
2024: ?
4️⃣ Re-Accumulation:
Post-retrace, a multi-month re-accumulation phase (Red box) occurs. Impatience, boredom, and disappointment shake out some investors.
5️⃣ Parabolic Uptrend:
Breaking out from re-accumulation triggers a parabolic uptrend (Green), propelling Bitcoin towards new All-Time Highs.
The Road to $250K:
Historically, after breaking out from re-accumulation, #Bitcoin embarks on accelerated growth, reaching new heights.
If the trend persists, the possibility of Bitcoin hitting $250K in the next cycle is on the horizon.
RT/Like/Comments if You Agree
Bitcoin Dominance Chart ( Altcoins Pump or Dump ? )Bitcoin Dominance Chart Analysis: Market Insights and Predictions
Bitcoin dominance, or BTC dominance, is a metric that measures the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies. This indicator is used to gauge the strength of Bitcoin relative to the broader crypto market. Currently, Bitcoin dominance stands at 51.30%.
Key Takeaways:
- Bitcoin dominance is trading at a higher resistance zone, which may lead to a retracement.
- A potential test of the 47.50% support level is possible before a leg up.
- The relationship between Bitcoin dominance and altcoins:
a. Increasing Bitcoin dominance: Altcoins may go down in value.
b. Decreasing Bitcoin dominance: Altcoins may experience a pump in value.
Support and Resistance Levels:
Support levels: 47.50% / 40%
Resistance levels: 53% / 70%
Analysis:
Bitcoin dominance is currently at a higher resistance zone, which could result in a retracement to the support level of 47.50%. This could potentially lead to a short-term pump in altcoins' value, as Bitcoin dominance decreases.
#VictoriaVR Analysis ( 10x-50x GEM Potential)#VictoriaVR Analysis ( 10x-50x GEM Potential)
Strong Resistance: $0.016 ( If Break $0.016 resistance then we can see very big Upward Relly.
Best Accumulation Zone:
$0.014-$0.010
Potential Return:
Expecting 10x-50x in Bull Market
About #VictoriaVR:
A Blockchain MMORPG in Virtual Reality with Realistic Graphics on Unreal Engine. Owned by its users.
Disclaimer:
- Personal Opinion, Not Financial Advice
DASH/USDT Scalp Trade AnalysisTechnical Analysis for DASH/USDT:
- Resistance Level: $31
DASH is currently attempting to break the resistance line at $31.
- Long Position Entry Criteria:
Place a Long Position Bid at $31.50, but only execute the buy order if the price successfully breaks and holds above the $31 resistance level.
- Target Levels:
Target 1: $32.50
Target 2: $34
Target 3: $37
Target 4: $39.55
- Stop Loss:
Set the Stop Loss at $29.44. Ensure that the stop loss is placed immediately after the entry order is filled to manage potential losses.
- Signal Timeframe:
This trade signal is valid for a period of 1-15 days.
- Profit Expectation:
Anticipate a profit range of 5%-25% from this trade.
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Is BONE ShibaSwap 50x Potential in Bull Run ?BONE SHIBASWAP MemeCoin Analysis ( 10x-50x Potential )
Accumulation Zone: $0.5-$0.7
Targets:
Short-term Target: $1.5
Mid-term Targets: $3, $5
Long-term Targets: $10, $20
#BONE SHIBASWAP is making waves as a meme coin with promising potential, especially in a bullish market.
Serving as the governance token for ShibaSwap, TSXV:BONE empowers holders to engage in governing activities, propose developments, and vote in the decentralized autonomous organization (DAO) known as Doggy.
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TELCOIN Hacked 3B TELcoin Token#TELCOIN HACK :- Looks like there was a security breach on Telcoin wallet NYSE:TEL
3 Billion #Telcoin being sent out on Polygon. Continuing to look into this stayed tuned
Price Impact: -65% down in couple of Hours
TELCOIN Hack Address: 0x35d2775e5F95596509951B140D68FC5B9185FF98
VGX/USDT 35x Potential After BreakoutVGX/USDT Chart Analysis:-
After Long Time VGX is very near to Breakout Big Resistance TrendLine.
If Breakout $0.160 Then We can see Big Relly in Bull Market.
So After Breakout VGX/USDT will be 35x Potential At current Price.
Now I am Buying some at this Level.
#NFA
AAVE Swing Long Setup- AAVE is currently trading at a decisive zone
- Aave can easily consolidate here and throw up more 20-40%
- Aave can at the same time consolidate a little take-out liquidity from the lower levels
- Place wide stop losses if you are trading swings
- Do not over leverage like I always say 2-3x is enough or else liquidation is possible
- 20-30% up move looks fair