Crypto
$BTC Daily Chart:CRYPTOCAP:BTC Daily Chart:
The daily chart for BINANCE:BTCUSDT is still looking unfavorable for bulls. The previous month's range appears to be clean, but we can anticipate a short bounce before it drops from the distribution box. Please note that this analysis is invalidated if the price goes above 43.6k.
In the meantime, Grayscale is expected to increase its selling activity, which will likely steer Bitcoin into our order block range of 38k to 37k soon.
Imbalance $65 | Short BiasOn day chart
ELGD has created imbalance around $65. Besides, ELGD's in consolidation phase $48 - 60
The previous signal when ELGD closed below $55 that is signal for reversing if price can't close above $73
So I think ELGD pullback to higher then drop to Golden Ratio at $40
Wait for next move
$CFX BREAKING OUT!• Conflux token breaking out on HTF chart
• Bullish signals include a symmetrical triangle breakout
- Symmetrical triangles are a technical pattern indicating a potential continuation of the current trend.
- Breakout suggests increased momentum and a possible upward trend.
• Trendline breakout further supports the bullish scenario.
• POI + HTF support strengthens the overall positive outlook.
• Exercise caution and consider risks when evaluating potential opportunities.
• Alts season is began.
Dogecoin $5 Potential in Memecoin Season in Bull MarketCRYPTOCAP:DOGE Pattern is Repeating before Blasting We are waiting for a Perfect Retest.
The #DOGECOIN pattern is repeating, signaling a massive blast-off just around the corner.
A perfect retest is approaching, creating an incredible entry setup.
Once the retest is complete, watch Dogecoin soar to the moon!
In the #memecoins season of the bull market, $5 is a realistic target.
Get ready to ride the wave!
Share/Comments if you Agree with My #DOGE Setup.
Bitcoin Post Halving Target $200k as Per Chart Analysis#BITCOIN Post Halving Target $200k ( CRYPTOCAP:BTC )
1️⃣ 2016 Pre-Halving Pump +370%
2️⃣ 2016 Halving Dump -41%
3️⃣ 2016 Post Halving Pump +4100%
1️⃣ 2020 Pre-Halving Pump +335%
2️⃣ 2020 Halving Dump -63%
3️⃣ 2020 Post Halving Pump +1650%
1️⃣ 2024 Pre-Halving Pump +200%
2️⃣ 2024 Halving Dump -45%
3️⃣ 2024 Post Halving Pump +700%
For educational purposes only, No buying and selling Recommendations.
Hit a Like & Share your views
Bitcoin Soon $200k if ETF get to Approved ?BIG NEWS: Bitcoin Aiming for $209,000 / MIL:BTC
Get ready for a potential surge as history repeats itself:
2004: Gold Spot ETF Approval
Result: Gold Price Soared by 481%
#Bitcoin currently at $43,480
High chance of #ETF Approval in days
A 481% increase from now = $209,000 BTC
Fun Fact: #Gold never returned to its pre-approval price.
Are we in for a wild ride?
Before $300,000 - $500,000 Bitcoin Hits $20,000 to $11,300...It has come to my attention that some of the new readers and beginners are a bit confused... This is normal, do not worry...
I am here for you.
I reply to all comments and take care of everybody.
Those positive, those negative and those in between.
Now, to start, just keep in mind that it is normal to be confused if you are just getting started or haven't been around long enough.
What I do here is read charts, I share my opinion of what is going on with the charts.
Below you have everything in a nutshell.
Bitcoin LONG-TERM VIEW
We believe that Bitcoin will hit $300,000 to $500,00 within 3-5 years.
Before Bitcoin hits $300/$500K, it will hit a new low first around $20,000 to $11,300.
That's all, pretty simple.
Now, this is only our view and it can be right or wrong...
What happens if I am wrong?
Nothing really, life goes on.
What happens if I am right?
Nothing really, just no surprise.
This is just my view, you can easily share yours.
We have here on Trading View over 30,000,000 traders according to the statistics on the front page, I am just one (1) of those.
You can browse around, there will be many opinions...
Who will you trust?
Me, the trolls, other traders?
I say you trust yourself.
Do your own research.
Practice, study and only decide based on your results.
If you have doubts or still feel confused, just leave a comment and I will do my best to lend my support...
We focus on the Altcoins though.
Now, the low can happen in a few days or a few weeks or a few months....
We are not predicting the time, we are sharing our general long-term view.
Is this clear enough for you?
I really hope so...
Thanks again for your time and reading.
Remember that you can always leave a comment with your questions...
I am here for you.
Thanks a lot for the continued support.
Namaste.
ALGO/USDT 15x Potential as per My chart AnalysisALGO/USDT Inverse H&S Pattern: EURONEXT:ALGO
Warning: Strong Resistance Ahead at $0.30 Level!
If the price is rejected from $0.3 level, a 50% retracement is possible.
However, an Inverse H&S Pattern is also emerging, suggesting that the best accumulation zone might be around the right shoulder at $0.160-$0.180.
If this pattern comes to fruition, a 15x target could be expected in the near future!
Another scenario to keep in mind:
If the resistance breaks, we could see a super bullish move towards $2 (10x)!
Overall, the market is bullish, so try to accumulate at every big dip in the spot.
Algorand is already up 200% from the recent bear market bottom.
Fundamentals: Over 30 million transactions completed in less than 24 hours on #Algorand
Algorand started this year with 2k TPS sustained for hours. It is now a few hours into the Juicening, and Algorand is still on top
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
Ethereum Ready for $3000 or $1500 ?CRYPTOCAP:ETH Chart Pattern:
#Ethereum price is currently experiencing a bullish pattern in higher time frames, forming both a symmetrical triangle and a bull flag.
The breakout and subsequent retest of the support level have been confirmed, indicating a potential target of $2,800.
However, if the price of #ETH breaks down below the $2,240 support level, it could turn bearish, potentially dropping to the $1,900-$2,000 range.
It is always important to trade with caution, considering the trend and confirmations before making any decisions.
#TRBUSDT #BULLRUN2024 #HappyNewYear
MATIC - Short Swing #Crypto MATIC short Swing View
Aftr recent high BO, retraced to support levels...
Seems good to enter at levls of 0.96-0.98
for small target of 1.02- 1.08 lvls
Support at 0.93-0.94 lvs
**Views for Educational Purpose Only**
MOVR/USDT -70% Retracement Need for Future Growth$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