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DYM/USDT Analysis: Strong Resistance Broken – What's Next?DYM/USDT Analysis: Strong Resistance Broken – What's Next? DYM is currently trading around $2.26 after a strong pump in the last few hours. To avoid FOMO (Fear of Missing Out), it's better to wait for the price to settle before entering. Key Resistance Level: The price is breaking through a strong resistance at $2.17. If this level turns into support, it could be a good sign. Best Entry Zone: Between $2.00 and $1.90. Targets: $3.36/$5.57/$8.10/$12.00 Stop Loss: Place it below $1.90. Always manage your risk and reward carefully and stick to your risk management plan. This is not financial advice, so do your own research before making any decisions.
Long
by CryptoPatel
Bitcoin Big Decision: $100k Breakout or $75K Drop?#Bitcoin Big Decision: $100k Breakout or $75K Drop? 🔰 Key Levels: ▪️ $100k Resistance: CRYPTOCAP:BTC is showing weakness around this psychological level due to low trading volume. ▪️ Swing Low Support: $95,650 – A breakdown here could signal bearish momentum. ▪️ Trendline Resistance: $94,100 – Breaking below this level may lead to a 10%-20% correction. 🔰 Bearish Outlook: If #BTC breaks both $95,650 and $94,100, downside targets are $85,000 and $75,000. 🔰 Bullish Case: If BTC holds above $94,100, a continuation toward $120K is possible, supported by volume. ⚠️ Risk Management: Current volatility is high. Traders should monitor these key levels closely and use stop-loss orders to mitigate risks.
Short
by CryptoPatel
Layer AI (LAI/USDT): A Bullish Chart Setup with Massive PotentiaLayer AI (LAI/USDT): A Bullish Chart Setup with Massive Potential The Layer AI (LAI/USDT) chart is showing strong bullish signs, making it an exciting opportunity for traders and investors alike. After bouncing from a well-established support zone, the token appears primed for another significant upward move. Why I’m Bullish on Layer AI Historically, LAI has shown tremendous growth after bouncing from similar support levels. In its previous rally, the token surged an incredible 900% from its support zone. With the current setup, I’m expecting a potential 500% upside move from this level. Key Trading Levels Entry Zone: $0.015 - $0.013 Targets: $0.021 $0.041 $0.085 $1 $2 Stop Loss: Below the support trend line Technical Insight The price is rebounding strongly from the support zone, a critical level that has historically triggered massive price surges. With market sentiment turning positive, this could be the beginning of a significant rally. If Layer AI continues to follow this pattern, it could deliver substantial returns to traders who position themselves within the outlined entry zone. Stay tuned for updates as the price progresses toward these targets! Disclaimer: This is not financial advice. Always do your own research before investing.
Long
by CryptoPatel
LOOM/USDT Technical Analysis – Potential 130% UpsideLOOM/USDT Technical Analysis – Potential 130% Upside Current Setup: LOOM/USDT is displaying a bullish accumulation pattern within the $0.068–$0.065 range, forming a strong base for potential upside movement. Key Levels: Entry Zone: $0.068–$0.065 (Accumulation area) Targets: Target 1: $0.092 (Initial resistance breakout target) Target 2: $0.115 (Intermediate resistance) Target 3: $0.150 (Extended target based on historical price action) Stop Loss: $0.054 (Below key support for risk management) Resistance Levels: A critical resistance zone lies at $0.069–$0.072. A confirmed breakout above this level could initiate a strong upward momentum, leading to significant price appreciation.
Long
by CryptoPatel
Bitcoin Market Cycle:Bitcoin Market Cycle: The #Bitcoin market Cycle is here to repeat its historical pattern! Looking back at 2016-2017 and 2020-2021, we know exactly what’s coming. The next cycle starting in 2024-2025 looks promising: BINANCE:BTCUSDT BTC Cycle: 2016-2017 🔹 Pre-Halving: Jan '16- Jun '16 🔹 Halving: July '16 🔹 Accumulation: Aug '16- Dec '16 🔹 Bull Run: Jan '17 - Dec '17 BTC Cycle: 2020-2021 🔹 Pre-Halving: Nov '19- Apr '20 🔹 Halving: May '20 🔹 Accumulation: Jun '20- Oct '20 🔹 Bull Run: Nov '20 - Nov '21 BTC Cycle: 2024-2025 🔹 Pre-Halving: Oct '23 - Mar '24 🔹 Halving: Apr '24 🔹 Accumulation: May '24- Sep '24 🔹 Bull Run: Oct '24 - Oct '25 Today Date: 20th Nov 2024 Hold Tight. altcoins are primed to pump massively. It’s going to be an exhilarating journey!
COINBASE:BTCUSDLong
by femtoxbt
Ripple Bull Market Chart Analysis#XRP High Timeframe Analysis 🔹 Current Setup: CRYPTOCAP:XRP is consolidating within a symmetrical triangle formation on the higher timeframe, with the 200 EMA slope remaining neutral, signaling potential continued range-bound movement. 🔹 Key Observations: - Price has tested the support level multiple times without a definitive breakdown, hinting at a possible bullish breakout. - A strong breakout above the pattern resistance, with a confirmed candle close above $0.6639, would signal bullish momentum, opening a pathway toward $1.4065 as the primary resistance/target level. 🔹 Trade Setup: - Long Position: Await a candle close above $0.6639 to confirm bullish continuation. - Invalidation: If the price breaches the support and closes below $0.4302, this setup will be invalidated.
Long
by CryptoPatel
1
Will Bitcoin History Repeat after US Election ?#Bitcoin and US Elections: History Repeats? Looking back at the last two US elections, we’ve seen a strong Bitcoin bull market follow each one. Let’s take a look: 📅 2016 US Election (November): ➡️ Before the election, BTC was at $700 ➡️ Within a year, BTC soared to $19,900 📅 2020 US Election (November): ➡️Pre-election price: $13,600 ➡️ Just a year later, BTC hit an all-time high of $69,000! Now, with the US election tomorrow, is this another CRYPTOCAP:BTC buying opportunity based on past trends? 🔮 My Prediction: By next year, November 2025, #BTC could reach $150,000 - $180,000. Let’s see if history repeats! #Crypto #BullMarket
BITFINEX:BTCUSDLong
by CryptoPatel