Cryptocurrency
aiRight 20x Potential in Long Term Analysis10x-20x Potential Coin #aiRight
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Current Price: $0.0029
Bull Flag Breakout Confirmed!
Entry Points:
1️⃣ $0.0028-$0.0025
2️⃣ $0.0015-$0.0020
Targets:
- $0.0075
- $0.021
- $0.04
Note:- Invest an amount small enough that you can forget about it for a few years.
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Q&A_ Where would bitcoin price move from here? My analysis.Namaste!
Bitcoin is currently in a medium-term downtrend in weekly charts. Bitcoin has faked-out many bullish people in this daily candle. If 29240 level is broken here, then there will be a massive sell-off, according to my analysis. There is also a news supporting this, "CBDCs could 'kill' case for private cryptocurrencies, says RBI Deputy Governor".
I am assuming a bull charge again only if price moves above 32015 levels. But I don't think it will sustain longer. Consolidation generally have a higher probability of price moving in current direction, i.e. "down" in current scenario. Interpretation is that, the buyer's are not interested to buy, hence it is consolidating. If they were more willing to buy, they would have done it fast (neither consolidate).
There are mainly two types of people in the world.
Type 1:
a: They believe god does not exist.
b. They believe alien does not exist.
c. They believe Bitcoin will be the future of federal currency system.
Type 2 people think the exact opposite. I am a type 2 person.
Disclaimer: Do not take positions based on my analysis.
Ethereum Fresh Trade Setup#ETH/USDT Technical Analysis:
Entry: $2000-$1980
Targets: $2100 / $2200
Stop Loss: $1930
Technical Analysis:
- Strong bounce from $1940 support.
- Anticipating an upward move to $2100/$2200.
- Short-term bullish momentum.
- Support: $1940
Trade Plan:
- Entry: Long positions $2000-$1980.
- Targets: $2100, $2200.
- Stop Loss: $1930.
Note: This is not financial advice. Conduct your research.
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Bitcoin: Breaking Barriers and Soaring to New HeightsBitcoin has been on a roller coaster ride in recent weeks, but it appears to have found some stability near the $29,000 level. The cryptocurrency took support from the white line on the chart, which is a key Fibonacci retracement level.
Now, Bitcoin is facing resistance at the $30,000 level. If it can break through this resistance, it could be on its way to higher prices. However, if it is rejected at this level, it could fall back to the support level at $26,000.
Traders will be watching closely to see if Bitcoin can break through the resistance at $30,000. If it does, it could be a sign that the cryptocurrency is ready to move higher. However, if it is rejected at this level, it could be a sign that the rally is over.
Technical Analysis:
Bitcoin is currently trading above its 20-day and 50-day moving averages.
The MACD indicator is currently showing a bullish crossover.
Conclusion:
Bitcoin is at a critical juncture. If it can break through the resistance at $30,000, it could be on its way to higher prices. However, if it is rejected at this level, it could fall back to the support level at $29,000. Traders will be watching closely to see which direction Bitcoin takes.
Fantom USDT - Fantom is managed by the best DE-FI developer Andre Cronje.
- Fantom has a solid ecosystem.
- Bear Run made it look very gloomy.
- The next Bull Run will be interesting for Fantom.
- In my opinion, Fantom has a straight short-term swing target of 0.33-0.38$ which depicts an upsurge of 42-50%.
- Do not get carried away by the returns and potential left inside this with a narrow view, the Crypto market is highly volatile so always be prepared for the worst as well.
- Enter this swing or accumulate this for the long term only with a view of 6-12 months in order to gain fantastic returns.
- Not Financial Advice, always research more about the same on Coinmarketcap.
- Stay Safe and follow me for Crypto, Stocks, Forex, and Commodities updates.
- #BTC #crypto #Trading signals
waiting for TRIANGLE BREAKOUT in BNBUSDTElliott Wave Analysis:-
Waiting for TRIANGLE BREAKOUT. Once the breakout took place then we decide the move of the wave .
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
$LINKUSDT Technical AnalysisOverview
Over the past 500 days, BINANCE:LINKUSDT has exhibited a distinct sideways to downward trading pattern within the range of $8 to $4. This prolonged consolidation phase has been characterized by relatively low trading volumes. This consolidation phase is significant as it often precedes a substantial price movement, potentially in either an upward or downward direction.
Long-Term Buying Opportunity
One noteworthy area of interest for long-term investors is the liquidity box within the range of $3 to $4.9. This range presents a compelling buying zone, especially with an eye towards the anticipated bull run in 2025. Patience and Dollar-Cost Averaging (DCA) are essential strategies to consider. It's worth mentioning that a price level of $2.49 holds particular significance as it historically represents a potential golden buying opportunity, considering that during bear markets, altcoins have commonly experienced a 95% decline.
Potential Trading Strategy
Another intriguing trading opportunity emerges when the price of BINANCE:LINKUSDT breaks out of its current downward channel and successfully retests it with good volume. This setup offers favorable conditions for both long and short positions. The extended consolidation period of approximately 1.5 years indicates the potential for significant price movements. Traders should exercise caution and consider risk management strategies when entering such positions.
Disclaimer
This analysis is provided for informational purposes only and should not be considered financial advice. It is essential for all traders and investors to conduct their own research and risk assessment before making any trading decisions.