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Shiba Is Ready Again?? We Can Try Shiba Inu Coin (SHIB): The Dog-Themed Crypto with Bite Fundamentals: Launched in August 2020, Shiba Inu (SHIB) is a decentralized meme token built on the Ethereum blockchain. Inspired by Dogecoin, another memecoin featuring a Shiba Inu dog, SHIB aspires to be an Ethereum-based alternative. Unlike scarce cryptocurrencies like Bitcoin, SHIB boasts a vast supply (one quadrillion tokens!). The Shiba Inu ecosystem includes three tokens (SHIB, Leash, and Bone) used within ShibaSwap, a decentralized exchange for crypto trading. Recent News (as of March 17, 2024): SHIB is up 17.09% in the last 24 hours, reflecting a positive trend. Shiba Inu's growing popularity is leading to its acceptance as a payment method at a surprising number of stores, often through third-party processors. Disclaimer: Investing in cryptocurrency involves inherent risks. SHIB's price can be volatile, and the future of memecoins is uncertain. Consider this information for informational purposes only, and never make investment decisions based solely on online content. Conduct your own research before investing in any cryptocurrency.
Long
by MoonTradingForecast
Are you Bullish on Polygon (MATIC)?Polygon BINANCE:MATICUSDT is a layer-2 scaling solution for the Ethereum blockchain. It is designed to improve the scalability, security, and transaction fees of the Ethereum blockchain. Polygon has a number of strong fundamentals, including a large and growing community, a strong team of developers, and a number of partnerships with major companies in the blockchain space. Community Ad Volume Polygon (MATIC) has a high level of community ad volume, which suggests that there is a lot of interest in the project. This is a positive sign, as it indicates that the project is likely to continue to grow in the future. Price Action Polygon (MATIC) is currently trading at $0.7532, up 1.47% in the last 24 hours. The price has been trending upwards since October 1st, and it has made a series of higher highs and higher lows. This suggests that the bulls are in control of the market, and that the price is likely to continue to move higher in the short term. Order Flow and Order Block There is a strong support level at $0.72, which has been tested multiple times in the past. This suggests that there is a lot of buy orders at this level, and that the price is unlikely to fall below it in the short term. There is also a minor resistance level at $0.80, which has been tested multiple times in the past. It is likely to break this level sooner Pivot and Patterns There is a pivot point at $0.74, which is the average of the high, low, and close of the previous trading day. This is a key support level, and the price is likely to bounce off of it if it falls below it. There is also a rising trendline at $0.70, which has been in place since October 1st. This trendline is likely to continue to support the price as it moves higher. MATIC is forming a Cup and Handle Pattern which indicates a breakout with a potential to break immediate resistances and hit $1 sooner.
MLong
by UnknownUnicorn34628734
Is ETH the New Crypto King? - Bitcoin's Market Dominance DipsBitcoin's market dominance which reached its peak at 54.3% before dipping to 52.7%, suggests that traders are embracing additional risk by exploring Ethereum (ETH) and other altcoins. Furthermore, trading volume has diversified, with Bitcoin trading at up to three times the volume of ETH in mid-October, but that ratio has now reduced to just double the volume. Additionally, the perpetual futures funding rate for both Bitcoin and Ethereum is trading at elevated levels, indicating growing interest in undervalued altcoins. The breakout above the 1,740 level is a strong signal, providing a trading opportunity for those looking to take a long position in ETH.
CRYPTOCAP:BTC.DLong
by Delta-Ex-research
GTCUSDT long opportunity bullish flagAfter a period of consolidation, GTCUSDT is showing signs of a potential bullish breakout. The cryptocurrency has formed a strong support level around the $2.20-2.30 mark, and the price has been consolidating within a narrowing range over the past few weeks.After a period of consolidation, GTCUSDT is showing signs of a potential bullish breakout. The cryptocurrency has formed a strong support level around the $2.20-2.30 mark, and the price has been consolidating within a narrowing range over the past few weeks. However, there are several bullish indicators that suggest a potential upward move in the coming days. The MACD indicator has been trending upwards, and the RSI is currently in oversold territory, indicating a potential reversal. Additionally, the recent dip in price has created a divergence between the price and the OBV indicator, which could signal an accumulation of buying pressure. Furthermore, the overall market sentiment towards cryptocurrencies has been positive, and Bitcoin and Ethereum are both trading near all-time highs. This could lead to increased demand for altcoins such as GTC , especially considering the recent bullish news surrounding the project. Therefore, I believe that GTCUSDT presents a good long opportunity with a potential price target of $3.00-3.30. However, as always, it's important to keep an eye on risk management and to adjust your position accordingly based on market conditions. Disclaimer: This is not financial advice, and I am not a financial advisor. Always do your own research and make your own investment decisions. Trading cryptocurrencies involves risk and may not be suitable for all investors. However, there are several bullish indicators that suggest a potential upward move in the coming days. The MACD indicator has been trending upwards, and the RSI is currently in oversold territory, indicating a potential reversal. Additionally, the recent dip in price has created a divergence between the price and the OBV indicator, which could signal an accumulation of buying pressure. Furthermore, the overall market sentiment towards cryptocurrencies has been positive, and Bitcoin and Ethereum are both trading near all-time highs. This could lead to increased demand for altcoins such as GTC , especially considering the recent bullish news surrounding the project. Therefore, I believe that GTCUSDT presents a good long opportunity with a potential price target of $3.00-3.30. However, as always, it's important to keep an eye on risk management and to adjust your position accordingly based on market conditions. Disclaimer: This is not financial advice, and I am not a financial advisor. Always do your own research and make your own investment decisions. Trading cryptocurrencies involves risk and may not be suitable for all investors.
Long
by kanhaguptaa
🇮 30 Trade Ideas Prove The Future Can Be Predicted | BTC RallyQuestion: Is it possible to predict the future? Answer: The answer is a big and resounding YES! if you know how to read charts. Let's get started! Feel free to boost 🚀👍 at the end if you enjoy the content. ---- On the 21st of November 2022 bitcoin hit a new low. Based on the length and strength of the bear-market, recent price action and simply experience with reading cryptocurrency charts, I became convinced that bitcoin was about to move up. If not a full-blown recovery, a "relief rally in the least". I made this clear by sharing a full trade signal even with leverage just two days later. (1) 23-Nov-2022 🅱️ Bitcoin Goes Bullish (Easy 333%+ Potential 10X Lev.) With this trade active and in place, the bearish bias was still too strong and we considered a "flash crash" scenario that did not materialize... Bitcoin went on and started a consolidation phase. Early December, I was ready to call for $21,650 followed by $26,420... The deal was simple, it is going up but by how much? (2) 1-Dec-2022 🅱️ Bitcoin $21,650 Followed by $26,420 vs Altcoins BTC Pairings Then comes the first signal, the MA200 indicator on the weekly timeframe. My thinking was simple, this is a long-term support that has failed, it needs to be tested as resistance before bitcoin can go any lower. 
If it fails as resistance then we just keep going up, if it holds, then a new low can be set... (3) 4-Dec-2022 🅱️ Bitcoin Weekly | MA Analysis Points To $24,000 and $27,000+ Just the next day the next signal is found... The SPX and BTC detach, when you hit play now the target/resistance level is hit with perfect accuracy... (4) 5-Dec-2022 🅱️ Bitcoin and the SPX Detach 5-Nov. (Good News) Another signal, this time a bull flag... I am convinced, up we go, up we go but nothing yet takes place...

 (5) 8-De-2022 🅱️ Bitcoin Daily Bull Flag | $21,000+ Possible Now Within Days! Going back a little bit, one day earlier, I make the case the bitcoin bottom is already in... The whole argument was based on the capitulation phase we were expecting since early 2022 and the fact that after it happened we only needed to confirm if the next move would be a higher low or lower low before the cycle ends.

 I also compared 2018 to 2022... below, the chart...
 (6) 7-Dec-2022 🅱️ The Bitcoin Bottom Is In (No Click-Bait Tile, Read) Then the FED and inflation, here I looked at 3 different potential scenarios and the only prediction was a recovery after 14-Dec. and ended with "Bitcoin, we start GREEN in 2023 (7) 10-Dec-2022 🅱️ Bitcoin 2023 | Fed Interest Rate Hikes & The Consumer Price Index By mid-December I was ready again with making bold predictions and I even shared a strategy with step by step instructions on how to get the most of the bullish wave that is happening now... A month ago. No genius level on this strategy, it simply said "Buy everything always at all times until early January and then enjoy the ride on the way up". It also mention to keep an eye on the chart to consider selling in early February if the major correction takes place. (8) 15-Dec-2022 🅱️ LONG bitcoin Feb. until 2023 - PART II | Strategy The same day I found that the major downtrend has been broken based on the linear scale BTCUSD weekly. I wrote "The easy target is set at the $20,000 - $21,000 range in the coming weeks." Also added: "There can be more, bitcoin can hit $24,000 and even $27,000..."

 (9) 🅱️ Bitcoin Breaks Free - Major Nov. 2021 Downtrend | Linear Scale Of course, at the same time I am writing about Ethereum, Ethereum Classic, Bitcoin Cash, Cardano, Dogecoin, Binance Coin and the rest of the pack. The next day I read some facts in a book and decided to share them with you, "Buy the dip"... Only around 400,000BTC will be minned in 2023 and it goes down every year. Less than 250,000 in 2024, 165,000 in 2025, etc.

 (10) 16-Dec-2022 🅱️ BUY THE DIP! Less Than 400K bitcoins will be Mined in 2023 Another "bottom signal" the next day... This is getting old, I even shared a chart from 17-Nov-2022 mentioning that Bitcoin would recovery within 1-5 months... 

(11) 17-Dec-2022 🅱️ Bitcoin Performance In January Since 2012 + Bottom Signal Doubt can creep in at times. When you are writing on a daily basis and interacting with hundreds of bears, you can become infested... But I am an astrology fan and this would always help me clear the doubts. Yes, anything is possible as they say but Jupiter is moving forward and other planets that have been retrograde for months are also moving ahead, bitcoin is bound to follow.

 The next day I asked... Do you believe in miracles? (12) 18-Dec-2022 🅱️ 🪐 Bitcoins Connection To The Stars, Do You Believe In Miracles? The next signal is the classic bullish divergence... In this case, the target was hit with perfect accuracy, only now this can be appreciated when you hit "PLAY" on the chart... (13) 20-Dec-2022 🅱️ ₿ Bitcoin Daily Bullish Divergence (85% Jump Mapped!) At the same time I am reading the Tesla (TSLA) charts with perfect accuracy, drop after drop and later called the reversal that is now taking place. Now comes "Bitcoin sideways" and it reads like this... 
"We can see/have a sideways bitcoin until mid-January 2023 or 12-January. "At this point we can see the bulls win the game... But why? "Because Mars moves forward/goes direct! 😅🤣 " I use the emoji so the trolls and bears won't kill me for using all available tools to help me predict the future. The charts + astrology. They don't believe in astrology so they think it is unreal... Yet bitcoin breaks perfectly and produces the biggest jump 12-13 January, exactly when Mars stations direct after almost 3 months of retrograde. And exactly as predicted. (14) 21-Dec-2022 🅱️ (₿) Bitcoin Sideways | You Deserve To Succeed! Late December I am convinced the "Wait Is Over" but I am accused of "sensationalism"... Wait what? What the heck is that? To me I am just sharing my honest view, what I see coming, my analysis, what the charts are saying, my predictions. Relief rally or full recovery? We don't know yet. (15) 29-Dec-2022 🅱️ (₿) Finally... The Wait Is Over | Bitcoin Goes Bullish! 2023 starts and we look at all the signals, higher lows, EMAS, candlestick patterns and the rest... Predict a $20,960 target "next". (16) 1-Jan-2023 🅱️ (₿) Bitcoin 2023 | Multiple Higher Lows Since 2022 | $20,960 Target The same day, another signal, this time we look at the long accumulation phase, a clear give away to me... Can you see it?

 (17) 1-Jan-2023 🅱️ (₿) 4.5 Months Later Bitcoin... We are getting closer now... My certainty continues to rise... I can feel the hate pouring over me. The bears are fighting me left and right but I never give up. Another scenario, the SEC labeling everything securities yet, still 100% bitcoin bullish. I also remind you of the strategy to buy everything, always, at all times... (18) 4-Jan-2023 🅱️ (₿) Why Bitcoin Will Rise Suddenly Beyond $150,000 Explained (19) 4-Jan-2023 🅱️ (₿) Remember The Act Now! Strategy At the same time I am sharing short-term charts on the XBT ticker; Also bullish. I was laughing inside as I received the vision for this article... I was making excuses for bitcoin not yet rising... Imagine that, I blamed the holidays. (20) 5-Jan-2023 🅱️ (₿) Excuse The Holidays... The World Wants Bitcoin The next day I ate some cookies and my heart started raising... I was feeling so good yet decided to eat the damn cookies... As I lost my balance, a vision started to come in... Ahhh, I recognize this, it is a ROTE, a ball of thought packed in energy form. I am inspired to write the following article word by word... Satire, maybe, but 100% TRUE! 
Note: The fact I mention the formalities to be "nonsense", is because we are supposed to be greedy billionaires that care about nothing but money... Don't take it to mean we are heartless yet we still don't care about nobody. Life is an endless game. You die and you are born again, over and over... You cannot stop it even if you wanted to, you can take it easy.
.. Relax, it is all meant to be fun. (21) 6-Jan-2023 🅱️ Billionaire Planet Friend Just Called, Ready To Buy Bitcoin! The next day I go on a rant... "Really, are you guys going to believe the mainstream media?" And also share my updated view of the market, a potential $48,000 wave in the making... (22) 7-Jan-2023 🅱️ (₿) Money Tightening vs Money Easing | Nothing Else Possible (22) 7-Jan-2023 🅱️ ₿ If 2018/19 Repeats, The Bitcoin Bottom Is In, $48K Next! A new signal comes in... This time based on the ATH vs the Bottom, is it possible? Again we make hidden references to Mars as being the main catalyst of the upcoming bullish wave which is now a confirmed fact... Uranus hasn't gone forward yet and that's the big one. (23) 8-Jan-2023 🅱️ (₿) Can This Inverse Reaction Signal The Bottom Is In? On the 10th of January, now literally 2 days before the rally start I shared 3 trade ideas all bullish detailing exactly what is coming... Daily, Weekly and Monthly... The bears continue in complete disbelief. (24) 10-Jan-2023 🅱️ (₿) Bitcoin Daily, To Hit $19,000 Followed by $25,000 Feb. 2023 (25) 10-Jan-2023 🅱️ (₿) Bitcoin Weekly, Best Case Scenario... First Time Since April 2020 ($35K to $55K) (26) 10-Jan-2023 🅱️ (₿) Bitcoin Monthly, Points To $23.1K to $24.1K Minimum... It is so obvious, I stop writing... Just mention "BULLS Confirmed" and leave it at that... I know my people took action. If you didn't take action then you are not in the flow. (27) 11-Jan-2023 🅱️ (₿) Bitcoin | BULLS Confirmed The next day many new signals show up... The bears are in complete disbelief, I even share the USDT.D chart with the inverse BTC relation called "Final Confirmation"... It didn't help. 

📈 Tether Dominance, The Final Confirmation 

(28) 12-Jan-2023 🅱️ (₿) Another 6 Major Development On The Weekly Bitcoin Chart 13-January 2022... The final signal... MA200 daily and Bitcoin-Bonds! (29) 🅱️ Bitcoin Moving Above MA200... $48,000 Now Possible! (30) 🅱️ Game Changer | Bitcoin Bonds | El 🇸🇻 Salvador Thanks a lot for your continued support. Namaste.
BITFINEX:BTCUSD
by AlanSantana
Bitcoin Uptrend, Will It Continue?🔥Bitcoin’s Recent Surges Resume the Uptrend, Will It Continue? BTC registered a sudden increase of 4.92% in the past 24 hours Major altcoins have also attained a significant price increase. According to CMC , the price of Bitcoin ( BTC ) is $20,226.13 with a 24-hour trading volume of $35,984,764,261 at the time of writing. However, BTC has increased by nearly 4.92% in the last 24 hours. Moreover, Bitcoin has a circulating supply of 19,145,237.00 BTC . The Sudden Price Surge During the past week, Bitcoin witnessed a constant up and down in the crypto market. The coin suffered from a significant fall of around $18,702.59. However, BTC again turned to a gearing way with an impressive price surge. At the same time, Bitcoin holds 38.2% dominance in the market. However, Ethereum holds 20.4% dominance. Along with Bitcoin , the prominent altcoins are showing a green signal in the market. The second largest coin, Ethereum (ETH) is now trading at around $1,705.82 with a 24-hour trading volume of $20,356,191,216. ETH has increased by nearly 4.37% in the last 24 hours, as per CMC . Moreover, the other leading coins like XRP (4.86%), Cardano (3.63%), Solana (8.63%), Dogecoin (3.47%), and Shiba Inu (2.76%) also attained a sudden rise in the past 24 hours. Broadly, the major coins obtained a steady increase during the past 24 hours.
by TheNewsCrypto
What 1-hour chart says? Fundamental Development:- Bitcoin, Ethereum, and Ripple: Bulls and Bears Battle for Control Ahead of the US Federal Reserve’s FOMC meeting, Bitcoin, Ethereum, and Ripple prices brace for impact. Bitcoin witnessed an increase in sell-side activity and a retracement in its price after a week of gains. Bitcoin’s price is at a make-or-break point — a decisive move in either direction could define the trend for the asset post the FOMC meeting. Traders are currently on the fence; however, this is set to change with the news of an interest rate hike, as predicted by experts. Ahead of an anticipated hike, Bitcoin holders are cautious. The July 13 hike by the Federal Reserve triggered a 5% drop in Bitcoin price, and the asset recovered from the decline nearly instantly. Bitcoin recouped its losses, and a similar reaction is expected from the asset after Wednesday’s meeting. The asset’s run up to $28,000 is threatened by the rate hike.In the case of the second-largest altcoin XRP, the outlook is bullish. Brad Garlinghouse is optimistic that the payment giant will win the lawsuit. A win could fuel a bullish sentiment and push XRP higher in the long term. XRP could climb to $0.38 if the altcoin sustains above support at $0.34. Short Term Technical View: On monthly chart btcusd is taking support from 17800-19800 level which is major support area now consolidating within a range. On weekly chart trading below 200 simple moving average which indicates that major trend is negative but on short time frame btcusd showing positive strength. Right now it is trading between a channel patterns. After taking resistance from24100-24200 level it declined and now trading near 21100 levels. On daily period, yesterday BTC made low 21555 and high was near $23013 and then it continue to decline. Bitcoin is struggling to gain momentum above $213000. Alternative Scenario: If Bitcoin fails to clear the $29,800 resistance zone, it could start another decline. An immediate support on the downside is near the $28,000 level.
COINBASE:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development:- Binance Coin’s (BNB) daily transaction volume has dropped by 58.2% as of July 11.Daily transaction volume for ETH and SOL has dropped 13.7% and 18.1%.BNB’s price seems the most resilient in this bear market.According to a report released from CoinMarketCap Alexandria, Binance Coin’s (BNB) daily transaction volume has dropped by 58.2% as of July 11. Meanwhile, daily transaction volume for its competitors, Solana (SOL) and Ethereum (ETH) only experienced an 18.1% and a 13.7% drop respectively.The report also showed that the number of daily active addresses on BNB Chain and Ethereum dropped by 68.8% and 27.2% respectively, while the number of daily active addresses on Solana increased by 20.4%.Alongside the dwindling transaction volume, the total fees generated by each of the blockchain networks per day have fallen off a cliff. This has potentially reduced revenues for miners and validators but has however also lowered costs for the end user. All three platforms saw a reduction of between 88.8% and 91.9% in their daily network fees between November and July. Short Term Technical View: On daily period, BTC is trading below 200&50 simple moving averages and trading near $22250 -$22,300 ranges. BTC made low 20,780 and now consolidating within a range. Yesterday it made high near $21,670 and then it continue to decline. Bitcoin is struggling to gain momentum above $22,500. Alternative Scenario: If Bitcoin fails to clear the $22,500 resistance zone, it could start another decline. An immediate support on the downside is near the $21,700 level.
COINBASE:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for application and protocol developers on Ethereum.For the average users of apps and protocols, Beiko simply suggested testing things out to ensure nothing is broken as more tests are executed. The Merge is the highly complex and long-awaited moment when the Ethereum network switches from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus. At that point, it will be known as "Consensus Layer" and is expected to occur in August this year.Testing on several testnets has been focused on ensuring there are no cross-client issues or that existing applications don’t entirely break after the Merge. Beiko pointed out in a separate Twitter thread that such problems are likely to be rare because “99% of changes affect the protocol layer,” while “there are almost no changes done to the application layer. Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $29,400-$29,200 ranges.BTC is made low 28,850 and now consolidating within a range. Yesterday it made low near $28,850 and then it continue to climb up to near 200 simple moving averages. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $29,250 level and the 200 hourly simple moving averages. The first major support is near the $28,600 level. The main support sits near the $29,000 level. A clear move below the $28,500 support zone may perhaps start a major decline. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level and the next major support is near the $28,600 level.
BITSTAMP:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: Cardano (ADA) leads by a wide margin in a Twitter poll by the crypto community on May 18, 2022, getting 82% of votes over three other altcoins.A Twitter user with 26.7k followers ran a poll requesting people to vote for the coin they believe will remain until 2030. Along with ADA, they listed Solana (SOL), Avalanche (AVAX), and Algorand (ALGO). At the time of writing, 12,983 Twitter users voted. 82% of the respondents favored Cardano’s ADA, while only 3% picked Avalanche.However, a commenter expressed zero confidence in the four listed tokens. Citing the unfortunate implosion of Terra (LUNA). They said their conviction remains with Bitcoin (BTC) and Ethereum (ETH).While it is impractical to tell which coin is the next Bitcoin, experts have parameters in place to vet the sustainability of a crypto project. The sustainability of a coin may be from its use cases, team, web presence, community, etc. The Case for Cardano Cardano has a community of 1.3 million followers on Twitter. Its blockchain was developed by Charles Hoskinson, the co-founder of the Ethereum network. From its official website, Cardano claims to be a blockchain platform for change makers, innovators, and visionaries, with the tools and technologies to bring about positive global change. Its blockchain can authenticate pharmaceutical products to eliminate the risk of buying counterfeit drugs, among other fascinating use cases.Nonetheless, every cryptocurrency has a reason to exist. It may exist as a payment method like BTC, or a utility token, like ETH, to verify transactions on a blockchain. The absence of a use case for a coin is a strong indication of something fishy.A crypto project’s website and social media presence also gauge its activity level and give an insight into the project. Knowing the team behind a project adds an extra layer of credibility to the project. All of these are true for Cardano (ADA). Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $31,400-$28,400 ranges.BTC is made low 25,200 and now consolidating within a range. Yesterday it made low near $28,600 and then it continue to climbed up to near 200 simple moving average. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $29,800 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level and the next major support is near the $28,300 level.
BITSTAMP:BTCUSD
by eva236220
SHIBA INU CONTINUES ITS PIRCE RALLY, OTHER CRYPTOS KEEP LOW KEY Today, the top cryptocurrencies are not in a good place as the price of Bitcoin and Ethereum is going down. Analytics Insight has listed the top 10 current cryptocurrency prices on November 1, 2021 Bitcoin- US$60,646.29 (down by 1.41%) Ethereum- US$4233.06 (down by 3.18%) Cardano- US$1.93 (down by 2.40%) Binance Coin- US$512.82 (down by 2.74%) Tether- US$1.00 (down by 0.11%) XRP- US$1.09 (down by 2.43%) Solana- US$203.05 (up by 4.86%) Polkadot- US$42.39 (up by 1.39%) Shiba INU- US$0.00007182 (Up by 6.72%) Dogecoin- US$0.27 (up by 0.16%)
Long
by BhanuPratapSolanki
TRX been doin good!This analysis is for those who are looking for some good investments in the crypto market. As we can see many meme coins getting pumped and dumped within a few hours, due to which, the beginners loose a lot of money. So, if you're one of those people, or you got some losses from the crypto market, Tron (TRX) is one of the coins which might give good returns on investment. Tron has two main functions, it is a global content sharing platform and it allows the users to make their own automated applications. It is basically an NFT. According to price data provider CoinMarketCap, Tron’s price reached an all-time high of $0.22 in January 2018 amid a crypto-wide bull run. For most of 2018 and 2019, Tron’s price hovered between $0.01 and $0.04. Tron’s price hit a fresh peak of $0.16 in April 2021, rising with the rest of the market as bitcoin broke $64,000 for the first time. It borrows some of its technology from Ethereum too, the Tron Virtual Machine which is similar to Ethereum's Virtual Machine. YouTube is a major competitor of Tron, but Tron is built more with decentralized file sharing in mind. According to some news sources, Tron is being burnt more than that of its net production daily, this is a positive news for Tron. The Total supply of TRX is around 100B, out of which 71B is currently circulating. Now, if I come to the technical analysis, TRX is currently at a major supple zone. It tested the same level many times in the past few days. Now, today, even when the Bitcoin was falling, along with all the other altcoins, Tron was still showing some results on the positive side. Now it is near the golden zone of the bearish Fibonacci Retracement, which I made during the Bearish markets of June. If it breaks the Golden Zone perfectly, it will be officially in a massive bull run again. It got retraced from the golden zone of bullish Fibonacci retracement too. Now, it might go for a new high at the -0.382 level of the same Fibonacci Retracement.
Long
by theTAguy
Bitcoin Weekly, Aims At $9100Bitcoin (BTCUSD) is now aiming at $9100 or EMA50 on the weekly timeframe... Hit LIKE to get started! Last week we got a higher low and also a candle close below EMA10, signaling a switch from bullish to bearish short-term. With prices now trading below EMA10, Bitcoin is aiming lower. The next support is sitting at $9100/$9250. Marked by EMA50 and the 0.382 Fib. retracement support for the bullish wave that started in March 2020. The MACD is already trending lower A bearish cross is about to take place. We also have a lower high compared to Aug. 2019... Here we have bearish divergence since Bitcoin hit higher last month. Depending on how EMA50 is handled, if strong volume comes in on the drop or buyers show up... We will know what will happen next. For now, we have a bearish bias and looking for lower prices unless Bitcoin moves back up and closes above EMA10. Hit LIKE and leave a comment if you have any questions or something to say. Thanks a lot for reading. Previous chart | Sep 5 | Bitcoin What Now? $9.7K Or Lower? Altcoins Are Going To Bleed? Previous chart | Sep 3 | Ethereum Breaks Below EMA10, Aims At $370 Followed by $320... Namaste.
BITFINEX:BTCUSDShort
by AlanSantana
1
Ripple vs Bitcoin | It's Been A While (Can Go Up?)It's been a while since my last analysis on the XRPBTC (Ripple vs Bitcoin) chart... This is one of our favorites. XRPBTC printed a higher low on low volume... This retrace is coming to an end. Many other altcoins pairs have a similar chart, a strong retrace that produced a higher low, and ended up in a strong bullish breakout, this can happen for Ripple as well. The chart is looking neutral right now but the tendency is up. If the orange trendline is broken, XRPBTC can go lower and hit support. If prices stay above this trendline, we can expect the next move to be a nice JUMP! Remember to hit LIKE to show your support. I will be doing a 10X Lev. trade for Ripple once more... Hoping for great profits for us. Namaste. Please support my BTCUSD and ETHUSD analysis as well, every bit counts 😊 Thanks again... Feel free to leave a comment anytime with your thoughts and questions, I am so happy to help. ✴️ Bitcoin Conquers EMA10, Aims At $9,500/$9,900 Next! Ethereum Hits Support, Going To $260 or $285+?
by AlanSantana
ETH / USD Price Analysis: Bearish InertiaEthereum / USD Short-term price analysis ETH has a neutral short-term trading bias, with the cryptocurrency falling back towards its 200-period moving average on the four-hour time frame. The four-hour time frame continues to show a valid head and shoulders pattern, with bulls failing to negate the bearish pattern during the latest rally in the ETH / USD pair. Technical indicators have turned bearish on the four-hour time frame and are currently generating sell signals. Pattern Watch Traders should note that a bullish inverted head and shoulders pattern will form on the four-hour time frame if the ETH / USD pair advances towards its current yearly trading high. Relative Strength Index The RSI indicator on the four-hour time frame has also turned bearish and shows scope for further downside. MACD Indicator The MACD indicator on the four-hour time frame has turned bearish, with the MACD signal line now issuing a sell signal. Ethereum / USD Medium-term price analysis ETH retains a bullish medium-term bias, with the ETH / USD pair still trading well above its key 200-day moving average. The daily time frame is showing a small inverted head and shoulders pattern in play, while an even larger inverted head and shoulders pattern could take shape if the ETH / USD pair moves above the $200.00 level. Technical indicators on the daily time frame currently have a slight bullish bias, although downside pressures are building. ETH / USD Daily Chart by TradingView Pattern Watch Traders should note that critical weekly support for the ETH / USD pair is currently located at the $150.00 level. Relative Strength Index The RSI Indicator on the daily time frame remains bullish, although downside pressures are building. MACD Indicator The MACD indicator on the daily time frame is neutral, with the MACD histogram and the MACD signal line failing to issue clear trading signals. Conclusion ETH is coming under downside pressure in the near-term after bulls failed to rally the ETH / USD pair to a fresh 2019 trading high during last week rally. Bulls must start to make new higher price highs and force the cryptocurrency above the $200.00 level or the bearish pattern on the four-hour time frame could soon be triggered into action.
BITFINEX:ETHUSD
by CryptoBriefingTA
Bitcoin (BTC): technical and fundamental analysis. Altseason. The price of Bitcoin has declined following the release of labor market data (JOLTS) and the FOMC meeting minutes, where Fed officials expressed concerns about the impact of Donald Trump's policies on the U.S. economy. BTC's price has once again fallen below the 200 EMA line and is currently retesting the support block at 90,000–91,000, which it has repeatedly bounced off over the past month. If Bitcoin breaks below this level under selling pressure, we anticipate a continued correction into the 4H Imbalance zone, located between the 0.5 and 0.61 Fibonacci levels. In this area, reversal patterns can be sought for building short-term long positions in the 87,000–82,000 range. The likelihood of further decline is indicated by the crossing of the EMA 200 and EMA 50 moving average lines. At the same time, the RSI indicator is already near its lower limits, offering hope for a quick end to the correction if the support levels of 87,000 and 80,000 hold against the sellers' pressure. For Bitcoin to resume its upward trend, it needs to break above the dynamic resistance of the 200 EMA and hold above the psychological level of 100,000. In that case, we would expect further growth with a retest of the resistance block at 108,000–110,000 and a potential update of the all-time high. 📉 Bitcoin market global analysis. When does the altseason start? On the daily logarithmic chart, the RSI indicator has crossed below the midline, suggesting a continued correction is likely. During Bitcoin’s rapid growth in November 2024, an Imbalance 1D zone formed in the 77,000–85,000 range, characterized by significant gaps at horizontal trading volume levels that need to be filled through consolidations. After the correction is complete, the next target for Bitcoin's price growth could be the global trendline, drawn based on the two peaks of the previous growth cycle. This line may be tested around the 120,000 level, as confirmed by the analysis of large order blocks in exchange order books. Meanwhile, the crypto market is gearing up for the much-anticipated altseason—a period when altcoins outperform Bitcoin in returns. Altseason typically follows Bitcoin's new all-time high and its consolidation within that range, as investors reinvest profits into other coins to maximize gains. However, the upcoming altseason will likely differ from previous ones due to the influx of institutional funds via Bitcoin and Ethereum ETFs and the tightening regulation of crypto assets. Historically, in 2017 and 2021, the start of altseason coincided with a decline in Bitcoin's market dominance. A drop in Bitcoin's share of total market capitalization below 50% could signal the beginning of altseason. Additionally, altseason often aligns with moments when Bitcoin reaches the upper boundary of the Bollinger Bands on the weekly chart. 💠 Analysis of liquidity zones and levels The Fear and Greed Index remains in the Greed Zone - 69. The total cryptocurrency market capitalization has fallen to $3.19 billion, while the Bitcoin Dominance Index has risen to 57.94. According to the analysis of the accumulation of large order blocks in the order books, the supply and demand zones are located at the following levels: 🟢 Demand Zone: 80,000 - 91,000 🔴 Supply Zone: 105,000 - 120,000 Levels for long positions: 90,000 - psychological support level 87,000 - 88,000 - large support block 80,000 - large support block Levels for short positions: 105,000 - largest resistance block 110,000 - largest resistance block 120,000 - ascending trend line of resistance 📊 Fundamental analysis At the December meeting, the Federal Open Market Committee (FOMC) discussed various topics, ranging from inflation risks to the anticipated slowdown in rate cuts. Fed officials expressed concerns that Trump’s proposed trade and immigration policies could intensify inflationary pressures. Meanwhile, fresh U.S. labor market data may push the Fed to abandon further rate reductions. The cryptocurrency market reacted sharply, with significant price declines. At the same time, financial analysts predict that the current bull market could become the longest in the history of the cryptocurrency industry. Investor optimism regarding a continued crypto rally surged after Bitcoin reclaimed levels above $100,000, following news that the largest BTC investor among public companies, MicroStrategy, resumed its coin purchases. The company acquired 1,070 Bitcoins for $101 million, bringing its total holdings to 447,470 BTC. Experts believe the cryptocurrency market’s peak will occur in mid-2025, followed by a steep decline. Net liquidity of $57 billion, expected to flow into the market in the first quarter, may temporarily support the bull market. However, economic pressures are likely to trigger a correction. These projections are based on an analysis of market liquidity and the impact of political events, as U.S. dollar liquidity remains a critical factor in crypto market dynamics. Changes in Fed policy and U.S. Treasury operations could lead to significant volatility. 🌐 Upcoming Events in the Global Economy We expect increased volatility in both stock and cryptocurrency markets on the following dates: ➤ 01/15, 16:30 - U.S. Core Consumer Price Index (CPI). ➤ 01/16, 16:30 - U.S. Initial Jobless Claims. ➤ 01/29, 22:00 - New Fed Interest Rate Decision. ➤ 03/19, 22:00 - New Fed Interest Rate Decision. 📈 Statistics of signals from our AI trading indicator: In December 2024, the price of Bitcoin updated its historical maximum, then a correction began. Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all signals have become profitable, and built-in Anti-Flat System prevented losses from manipulative market movements. 😎 Total price movement by all signals: + 45.09% Maximum price movement: + 11.17% Average price movement: + 5.01% In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
by TradeINEX
Bitcoin Analysis: Shakeout or Rally? Let's Read The Chart!The Crypto market is buzzing with speculations right now! Some believe that the recent fall in Bitcoin was nothing more than a shakeout, and a massive rally is just around the corner. Meanwhile, there’s news floating around that the federal government has sold a huge chunk of BTC and plans to sell even more. But here’s the thing: financial markets don’t run on speculations, and news usually hits the market after the action is already done. So, let’s forget the noise and get straight to the business of reading what the chart is telling us. Before we dive into the analysis, ask yourself this: What kind of trader are you? When you invested in the market, did you have a plan? Was it a short-term play (swing trade) or a long-term investment? For Long-Term Investors If you’re a long-term investor, there’s no need to worry. The trend for Bitcoin is still bullish on the daily time frame. What we’re seeing now is just a corrective move, and this is how price behaves—it moves in waves. Every dip is an opportunity. The next key buying zone for long-term investors lies between 70500 - 74000, a level that hasn’t been tested since the breakout on 6th Nov 2024. So, be patient and let the price come to you. For Short-Term Investors If you’re a short-term investor, this analysis is specifically for you. Currently, Bitcoin’s price has been moving consistently upward over the last few hours. It has even broken out of the last lower high. However, let’s not get carried away just yet. There are multiple resistance zones above, and it won’t be an easy ride for the buyers. These zones offer an opportunity for sellers who missed the chance to short from the top. The real turning point for buyers will be the 0.618 Fibonacci level. Once this level breaks and the price sustains above it, we might see buyers gaining confidence to push the price higher. Also, don’t forget to check out my detailed analysis of the Ethereum chart.
BINANCE:BTCUSD
by khanrafat20