SNX Analysis: Bullish Breakout Signals Potential Upside Momentum💎 SNX has broken out of the resistance zone, which is now acting as support. Additionally, it has broken out of a falling wedge pattern and formed a W pattern in the support zone, increasing the likelihood of a bullish trend.
💎 Moreover, the price has exhibited a CHoCH (Change of Character) or a breakout of the previous swing, indicating a bullish trend. Given these factors, we can anticipate a bullish move from this point. Alternatively, there might be a retracement towards the demand area & expect a bounce from it. In either case, we can expect the price to move towards resistance levels, although it might be advisable to book small positions at each small resistance level.
💎 However, if SNX breaks down below the demand area, it would raise the probability of a bearish move.
Cryptosignals
SHIB: Bullish Momentum Building with W Pattern Formation💎 SHIB has broken out of a falling wedge pattern and is currently forming a W pattern on the demand level. There is also a possibility of a further retracement back to the demand area to gather more support.
💎For confirmation of the bullish reversal W pattern, we would need to see a candle closing above the resistance level of 948. This would validate the pattern, and we could then anticipate targets up to the next resistance levels of 1035 and 1107.
💎However, if the price declines below to the demand area, there could be a bearish move. Yet, considering the overall bullish sentiment in the market, it might be prudent to focus more on potential bullish opportunities and perhaps disregard bearish scenarios for now.
XRP Analysis: Potential Bullish Breakout from Descending Channel💎 XRP has rebounded from the demand area and is currently attempting to break out of the descending channel, which suggests a potential bullish scenario. To increase confidence in this upward movement, we need to see significant bullish candles.
💎For confirmation, we're looking for a candle closing above the small resistance level of 0.5411. A breach of this level could indicate further upside potential, with targets near the next resistance levels of 0.6237 and 0.6596.
💎However, if XRP retraces back to the demand area, we may see another bounce. Trading near the demand area carries risk, so caution is advised. A breakdown below this area would signal continued bearish control over XRP.
ZIL: Bullish Momentum Expected Following Falling Wedge 💎ZIL has recently broken out of a falling wedge pattern, forming a W pattern, and is currently consolidating on a bullish Order Block (OB). This consolidation suggests a potential bullish momentum, with expectations of a move towards the next resistance zone around 0.02105.
💎Confirmation of the W pattern and a safer trading opportunity would occur upon a breakout above the 0.02105 level. Such a breakout could pave the way for further upside towards the subsequent resistance levels at 0.02328 and 0.02635.
💎Conversely, a breakdown below the support area of 0.01864 may signal a shift back to bearish sentiment. In such a scenario, we could anticipate a continuation of the downward movement in the price of ZIL.
BTC Analysis: Inverse Head and Shoulders Formation Signals Bulli💎BTC is currently exhibiting signs of an inverse head and shoulders pattern, with the right shoulder consolidating for a longer duration. This prolonged consolidation increases the likelihood of a bullish outcome, as selling tends to occur rapidly while bullish movements take time to develop. Moreover, the price has already surpassed the previous resistance level of 43,598, indicating a shift in market sentiment favoring the bulls.
💎Confirmation of this pattern awaits a breakout above the resistance level of 44,478. Such a breakout would create room for further bullish momentum, with potential targets near 46,000 and 47,600.
💎Conversely, a bearish scenario would entail a breakdown below the support level of 41,333. This would invalidate the inverse head and shoulders pattern and potentially form a lower high, increasing the likelihood of a bearish trend. In this scenario, downside targets could be expected at 39,727 and 39,031.
XRP/USDT RIPPLE Ready for $10 in bull market ?#XRP/USDT Bull Market Technical Analysis:
➡️ Last bull #XRP seriously underperformed while stuck fighting the #SEC
➡️ BTC hit new highs while XRP failed to pass 2017's $3.30 ATH
But with the SEC case now won - the floodgates may finally BE OPEN!
➡️ Similar triangle breakdown to 2017 is FORMING!
➡️ If 2017's 40,000% pump repeats - we could see mind-blowing $10+ XRP!
➡️ Survived 2,291 (6+ Years) brutal bear days - this coiling pattern signals Ripple's ready to ERUPT!
My Accumulation Zone: $0.40 - $0.50
Targets: $0.90/$1.95/$4/$7/$10+( bonus )
If you believe in parabolas, triangles, and cycles - CRYPTOCAP:XRP may be on the launching pad again here!!
GALA/ Price Prediction 2025: 50x Potential in Bull MarketINDEX:GALA Price Prediction 2025: This Gem Could Make You Rich With 40-50X Growth
If price action follows my Elliott Wave count, #GALA has explosive potential by 2025
I expect a 20-30% retracement to the 0.786 level - an ideal accumulation zone IMO.
- Entry Target: $0.014 to $0.017
- Breakout Level: $0.036
- Post-retracement, GALA could deliver 40-50X returns in the bull run to new highs
- Bull Run Price Targets: $0.50/$0.70/$1.00
My analysis suggests GALA could retrace short-term to $0.015 before its next parabolic leg up to $1 in 2025 for 50X gains.
Strategic accumulation ahead.
Share/Comments if you Are also GALA Lovers.
LTC/USDT Ready for $500?#Litecoin Bull Market $500 Target
Short-Term: Brace for some dips!
Accumulation Zone: Keep an eye on $30-$50
Long-Term Potential: Target in Next Bull Run: $500-$1000
Critical Levels:
Resistance: $117/$376
Support: $50/$35/$25
Support = Entries ( Buy the Dips )
Opinions, not advice. Do your research!
Share & Follow for more crypto GEM Analysis.
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.
Arbitrum $10 Potential in Bull Market if Breakout this Resistanc#Arbitrum Hits New All-Time High
LSE:ARB has just reached a new ATH of $1.84, currently trading at the red box resistance.
If it breaks upward, #ARB could experience super bullish growth.
However, if rejected, there may be more dip buying opportunities around $1.30.
In a bull market, we can envision ARB/USDT price reaching $10.
Our long-term outlook remains bullish.
Support: $1.50/$1.30
Resistance: $1.75
Stay tuned for more updates and insights on Arbitrum's performance!
#Crypto #Bitcoin #Bullmarket
USDT Trade Idea - USDT Dominance works inversely with the Crypto Market
- USDT has been following my path and I firmly believe this wave could lead to every alt jump soon.
- The narratives are obviously going to be there playing out in a different way but make sure you follow this closely
- Once you see this approaching it's previous lows try cutting down your size in Alts and crypto so that when USDT bounces you are mostly sitting cash or FIAT.
- This will help you in accumulating more cash
XVG/ Verge USDT Swing Long Setup - Verge is currently consolidating in a range
- It's going to be very important to see how Verge exactly takes more liquidity from the downside.
- Your entries here should be made or taken in parts this will help you in filtering out your and getting the best average entry
- Try keeping your entry in 3 parts first execution for 30% second 50% and the last one for 20%
- I want you guys to maximize the best returns out of this Bull Run
Ethereum Swing Long Setup - Ethereum has not yet outperformed BTC fully.
- Ethereum can now print a huge impulsive wave which can lead to an extended rally
- I think the next target for Ethereum would be around 2800-3000$
- If you are looking for longs in ETH then you can keep an SL of 2150$ and 2260$
- Kindly don't over-leverage and do not buy impulsively too.
- Spot is King and markets are always very volatile try not to mess or leak your money getting greedy.
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
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.
Follow me for more chart analysis.
Thank you.
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.
Like and Share if you want More 50x GEM
APTOS : Technical Outlook of APTUSDT Aptos Overview:
Cryptocurrency: Aptos (APT)
Current Price: $7.79
Recent Change: -4.79% in the last 24 hours
Last Week's Price: $8.41
All-Time High: $19.92 (January 2023)
Future Predictions:
Best-Case Scenario (2024): $12.65
Worst-Case Scenario (2024): $6.23
Predicted Price (February 2024): Average $9.08, Highest $9.71
Predicted Price (June 2024): Average $9.61, Highest $10.28
Market Activity:
Total Supply: $305 million
Market Cap: $2.37 billion
Trading Volume: 139.6 million
30-Day Change: +12.32%
Summary:
Current market sentiment suggests a potential future value between $9 to $12 in 2024.
Despite recent fluctuations (down by 4.79%), the 30-day trend shows an overall increase of 12.32%.
Total supply is $305 million, and the market cap stands at $2.37 billion.
In short, Aptos is a cryptocurrency with varying predictions for its future value, currently priced at $7.79. The market has seen ups and downs, but experts are optimistic about its potential growth to $9 to $12 in 2024.
Regards
ARB/USDT 30% Potential in Scalp TradeARB/USDT Trade Analysis
Bullish Trend Alert!
ARB is showing promising signs in the bullish trend, setting the stage for potential gains. If the price manages to hold above the $1.10 level, we could be looking at a lucrative opportunity with a potential profit range of 10-30% within the next few days.
Trade Strategy:
For the best entry, consider buying near the support level of $1.10. This level serves as a crucial point for potential upward momentum.
Key Levels:
Support: $1.10
Resistance: $1.50
#Crypto #Arbitrum
ICX/USDT Bullish Bounce and Expecting 30% Profit from HereICX/USDT Scalp Analysis:
Price Update: Strong Bounce from Support Level $0.24
Hey traders!
ICX/USDT has shown resilience with a strong bounce back from the support level at $0.24.
I'm looking to add some long positions around this support, anticipating a potential 10%-20% target gain.
Target Range: 10%-20%
Timeframe: 2-15 Days
Stop Loss: 4H Candle Close Below $0.24 Support Level
Let's ride the waves together!
Happy trading!
#ICX #USDT #CryptoTrading #BounceBack