ETHUSDT Breakout & Retrace: Watching the $2,200 Buy Zone!Hey Traders,
In today's session, we're keeping a close eye on ETHUSDT for a potential buying opportunity around the $2,200 zone. After trending downward, Ethereum has successfully broken out of its downtrend and is now undergoing a correction. It’s currently approaching a key support/resistance area at $2,200, which could act as a strong retracement level.
As always, trade safe.
Joe
Altcoin
QNT - The Bulls are Leading!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After breaking above the last major high marked in red, QNT has been overall bullish trading within the rising wedge pattern marked in blue.
Moreover, the green zone is a strong demand and structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.
📚 As per my trading style:
As #QNT retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDT.D LONG - MID TERM PLANUSDT.D is one of the best tools to understand what's happening in the crypto market.
It shows the dominance of USDT across the entire space — and has a strong inverse correlation with BTC and crypto assets.
Technicals:
USDT.D is approaching its long-term support trendline.
I expect a deviation below that line — possibly toward the 0.75 Fibonacci level — before a strong move up.
That move could last 1–3 months, which means more downside for alts during this time.
Plan:
Shorting altcoins — especially ETH-related tokens and memecoins.
Looking to buy back around early August.
DOTUSDT Potential UpsidesDOTUSDT is currently trading within a broader uptrend and is in the midst of a correction. Price action is approaching the $4.60 zone, a key support and resistance level that aligns with the trend structure. This area may act as a pivot point for future movement, as the market continues to respect the prevailing bullish momentum.
Trade safe, Joe.
SOL - Strong Structure Rejected!Hello TradingView Family / Fellow Traders! This is Richard, also known as theSignalyst.
The picture says it all!
📈As long as the $134 structure marked in red holds, I will be expecting a bullish continuation towards the $180 resistance level.
📚 Reminder:
Always stick to your trading plan — entry, risk management, and trade management are key.
Good luck, and happy trading!
All Strategies Are Good, If Managed Properly!
~Rich
Bitcoin Mid Term Game Plan - BTC PLANBitcoin just broke a key resistance level with strength.
I expect a new all-time high soon, likely the summer top.
Summer markets are usually weak for risk assets and strong for gold. Seasonality matters, keep that in mind.
I expect risk markets to sell off until mid-July to early August. I’ll start buying once we break structure again.
The plan:
Wait for BTC to hit $110K
Look for a reversal from that level
Start aggressively shorting alts, beginning with ETH and memecoins
Hold shorts until late July / early August
Close positions and shift back to buying
ETH => Shift In Momentum Almost Done!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 Since breaking below its last major low in December 2024, Ethereum (ETH) has been stuck in a bearish trend.
But don’t lose hope, bulls! 🐂
⚠️It’s evident from the last correction phase, marked in blue, that it's larger than the previous ones — a clear sign that the bulls are stronger than ever.
A growing correction phase is often the first signal of an upcoming momentum shift.
This shift will be confirmed once ETH breaks above the last major high marked in red at $2,100.
📈A break above $2,100 would flip ETH’s trend from bearish to bullish, signaling the potential start of the Altcoin season!
Until then, patience is key. 🧘♂️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Tron Built a Fresh Down Trend!!!Hey Traders, in today's trading session we are monitoring TRX/USDT for a selling opportunity around 0.2530 zone, Tron is trading in a down trend and currently is in a correction phase in which iti s approaching the trend at 0.2530 support and resistance area.
Trade safe, Joe.
Ripple is Nearing The Main Trend!!Hey Traders, in today's trading session we are monitoring XRPUSDT for a selling opportunity around 2.16 zone, Ripple is trading in a downtrend and currently is in a correction phase in which it is approaching the trend 2.16 support and resistance area.
Trade safe, Joe.
FARTCOIN Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring FARTCOIN for a selling opportunity around 1.1650 zone, FARTCOIN was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.1650 support and resistance zone.
Trade safe, Joe.
LRC - Sine Line Says: Bullish!Hello TradingView Family / Fellow Traders! This is Richard, also known as theSignalyst.
The picture says it all!
📈For the bulls to take over and ignite the next bullish wave in line with the Sine Line cycles, a break above the $0.12 structure marked in blue is needed.
📚 Reminder:
Always stick to your trading plan — entry, risk management, and trade management are key.
Good luck, and happy trading!
All Strategies Are Good, If Managed Properly!
~Rich
KASPY COULD BE THE NEXT BIG THING (TA+TRADE PLAN)Technical Analysis of KASPY (KASPY/USD) BY BLAŽ FABJAN
1. Price Action & Trend Structure:
Falling Wedge (Red Zone): The chart shows a classic falling wedge pattern, a bullish reversal formation. This indicates that the downtrend has slowed down, and a breakout could be imminent.
Descending Triangle (Top Right Zone): This descending triangle formation suggests consolidation near resistance. If KASPY breaks out above the horizontal line of the triangle, a move towards higher targets can be expected.
2. Key Support and Resistance Levels:
Bottom 1 (Green Box): A significant support zone that previously bounced the price upwards. This zone should hold if the price tests it again.
Bottom 2 (Green Box): Another crucial support level showing a potential buying area. This could act as a safety net in case the market dips.
Resistance Levels (Red and Blue Targets): The upper red zone represents significant resistance, where the price might face selling pressure. The chart shows targets aligned with these resistance zones.
3. Technical Indicators:
VMC Clipser (B Divergences): The indicator shows mixed signals with a divergence in the upward movement, suggesting potential reversal or continuation. The positive divergence is noted with green arrows indicating buying opportunities.
RSI (Relative Strength Index): RSI is at 50.97, indicating neutral market conditions. It is not overbought or oversold, which suggests that there is room for price action in either direction.
Money Flow Index (MFI): The MFI value is 54.13, which confirms that there is moderate buying interest. MFI values above 50 suggest positive money flow, supporting potential upside movement.
Stochastic Oscillator: The stochastic oscillator shows a level of 21.93, indicating an oversold condition. This could signal an upward bounce as the market may be ready to reverse.
4. Market Sentiment & Time to Bounce:
The chart annotation “Time to Bounce” suggests a potential upward price movement after consolidating within the rectangle and descending triangle formation. The market sentiment appears to favor a bullish breakout.
Trading Plan
Entry Points:
Primary Entry: If KASPY breaks above the upper boundary of the descending triangle, targeting the breakout point at around 0.0000020 (upper resistance zone), this could be the ideal entry point for a bullish trade.
Secondary Entry (Bounce Play): If the price approaches the support areas (Bottom 1 or Bottom 2), consider entering long positions as the price bounces upward off these zones. The oversold conditions in the stochastic oscillator provide confidence for a potential bounce.
Target Levels:
Target 1: Around the upper red zone resistance (0.0000020), which has already been marked as a target in the chart.
Target 2: The second resistance zone at 0.0000025, aligning with the overall market conditions.
Long-term Target: A breakout could send the price higher to 0.0000035 (or higher), depending on the strength of the breakout.
Stop Loss & Risk Management:
Stop Loss: Place stop loss orders below the support level (around 0.0000015) to minimize losses if the price fails to hold at support. A tighter stop loss could be placed just below the bottom of the falling wedge.
Risk-to-Reward Ratio: Aim for at least a 3:1 risk-to-reward ratio for this trade, ensuring that the potential profit justifies the risk taken.
The KASPY chart shows a favorable setup for a potential bullish move, with a falling wedge pattern and a descending triangle indicating a possible breakout. Key indicators support this outlook, with neutral RSI and a favorable stochastic reading. The trading plan includes strategic entry points, realistic target levels, and prudent risk management.
NO.1 MEME COIN ON KASPA IS NACHO THE KAT - DYORThe chart shows a symmetrical triangle pattern forming after a falling wedge. A falling wedge is typically seen as a bullish reversal pattern, indicating that the price may break out to the upside after the convergence of the trendlines. The symmetrical triangle, which is forming after the falling wedge, suggests consolidation before the breakout, likely pointing towards higher price action.
Key Points
Price Action and Trend:
NACHO has been in a downtrend, creating a falling wedge. The falling wedge has converging trendlines, which is a common setup for a bullish breakout.
Currently, the price is consolidating within a symmetrical triangle pattern, with lower highs and higher lows, indicating indecision in the market. The breakout from this triangle is likely to be significant, either continuing the previous downtrend or initiating a bullish reversal.
Volume Analysis:
The volume profile at the bottom shows an increase in volume as the price approaches the apex of the symmetrical triangle, suggesting potential strength behind the breakout.
It's important to monitor if volume increases further upon breakout to confirm the strength of the move.
Key Indicators:
RSI (Relative Strength Index): The RSI is currently around 50.39, suggesting a neutral market sentiment. The RSI has been ranging between oversold and overbought territories, which indicates that NACHO has not yet entered a strong trend but may be preparing for one.
Stochastic RSI: The Stochastic RSI is hovering around 37.57, showing a neutral stance, but it is closer to the oversold region, which could indicate that NACHO is near a potential reversal.
Money Flow Index (MFI): The MFI is at 35, indicating that the market is not yet in a strong buying or selling pressure zone. This shows that there is room for price movement based on volume.
VMC Cipher B Divergences: Positive divergence could suggest bullish momentum emerging, even if the price remains in consolidation.
Target and Resistance Levels:
If NACHO breaks out to the upside from the symmetrical triangle, the target is likely near the upper trendline of the wedge, which aligns with previous highs, possibly reaching the 0.00004500-0.00005000 USDT range.
Immediate resistance is near the 0.00004300 price level.
Support levels to watch are 0.00003000 and 0.00002000, which are key levels from previous price action.
Trading Plan
Entry Strategy:
Breakout Strategy: A strong breakout above the upper trendline of the symmetrical triangle would be a potential buy signal. If the price breaks and closes above 0.00004200, consider entering a long position with a target at 0.00004500-0.00005000.
Volume Confirmation: Ensure that the breakout is accompanied by an increase in volume. A low-volume breakout could be a false signal.
Stop-Loss Strategy:
Initial Stop-Loss: Place a stop-loss just below the symmetrical triangle's lower trendline or 0.00003000. This provides a reasonable distance to avoid being stopped out on small fluctuations.
Trailing Stop: As the price moves up towards your target, consider adjusting your stop-loss to lock in profits, especially if the price exceeds the 0.00004300 resistance level.
Take-Profit Strategy:
First Profit Target: Set a take-profit order around 0.00004500, the first resistance level. This is a key point based on the historical price action and previous swing highs.
Secondary Target: If the price breaks past 0.00004500, adjust the target to 0.00005000, which is the next logical resistance zone.
Risk Management:
Position Sizing: Risk no more than 1-2% of your total capital on this trade. For example, if your trading account is $5,000, you should risk no more than $100-$150 per trade.
Risk-Reward Ratio: Aim for a minimum 2:1 risk-to-reward ratio. For example, if you risk $150 on a trade, aim for a potential reward of $300 or more.
Additional Considerations:
Market Sentiment: As NACHO is a meme coin, market sentiment plays a huge role. Watch for social media trends and any news related to meme coins or Kaspa-based coins that could drive the price action.
Macro Conditions: Stay updated on the general market conditions for cryptocurrencies, as a broader downtrend in the market could limit the upside potential, even if technicals suggest a breakout.
NACHO THE KAT presents a technical setup with the potential for an upward move following a breakout from the symmetrical triangle. A close watch on volume and key price levels will be critical for confirming the breakout and determining the right moment for entry.
Fartcoin: Is the Smell of a Downtrend in the Air? 📉 Fartcoin: Is the Smell of a Downtrend in the Air? 💨
🚨 Alert: The RSI is holding its nose... and so should we.
After a suspiciously bubbly rally, $FARTCOIN is now showing bearish RSI divergence on the 4H chart — and let’s be honest, it’s starting to stink. 🦨
The recent price action looks like someone tried to pump it... but forgot to ventilate. 💣💨
🧻 Support is about to get wiped.
💩 MACD says momentum is going down the drain.
🚽 Volume drying up like gas after Taco Tuesday.
TA Summary:
RSI Divergence ✅
Rising wedge (aka clogged pipes) ✅
Community still in denial? ✅
PEPE | BULLSH | ALT can +150%PEPE seems to have bottomed out after flashing bullish signs on the chart.
Once we close ABOVE the 50 day moving averages (green line) in the weekly timeframe, that's when we'll know the bullish action is full steam:
Make sure you don't miss the update on BTC here:
______________________
BINANCE:PEPEUSDT
Ethereum is Nearing The Daily TrendHey Traders, in today's trading session we are monitoring ETH/USDT for a selling opportunity around 2,000 zone, Ethereum is trading a downtrend and currently is in a correction phase in which it is approaching the trend at 2,000 support and resistance area.
Trade safe, Joe.
POLUSDT Potential UpsidesHey Traders, in today's trading session we are monitoring POLUSDT for a buying opportunity around 0.2220 zone, POLUSDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.2220 support and resistance area.
Trade safe, Joe.
CAKEUSDT Potential DownsidesHey Traders, in today's trading session we are monitoring CAKEUSDT for a selling opportunity around 2.17 zone, CAKEUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2.17 support and resistance area.
Trade safe, Joe.
XRP is Back!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈XRP has been overall bullish from a medium-term perspective trading within the rising channel marked in blue.
Moreover, the green zone is a strong structure!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #XRP approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BITCOIN | 30M | IMPORTANT SUPPORT ZONE Hello, my friends,
Yesterday, I shared a Bitcoin analysis and stated that my target level is 97,300.
At the moment, we are within the blue support zone I highlighted in my analysis yesterday. Although this is not a very strong support zone, I am expecting an upward movement from here. However, the most critical support level lies between 92,000 and 91,000.
As I mentioned yesterday, as long as the price does not drop below the 92,000 - 91,000 levels, my target remains at 97,300.
Please don't forget to like.
Thank you to everyone who supports with likes.
Altcoins Market Cap: We on the Verge of a 5T Exposion!Hey crypto traders! Let’s dive into this monthly chart of the Altcoins Market Cap. You won’t believe what’s brewing!
We’re currently approaching a critical channel support at 200B, a level that might act as a springboard for massive rally — check out the jumps from channel support in 2019 and 2023! Each time the market cap hit this support, it skyrocketed, and now we’re at that pivotal moment again.
The chart projects a jaw-dropping target of $5T within the next 24 months if history repeats itself!
The price action shows we’re testing the lower boundary of this ascending channel, with the market cap sitting around 239.65B. A bounce here could send altcoins on a parabolic run, potentially hitting 5T by mid-2026. But if support fails, we might see a dip toward 100B — let’s keep an eye out!
Key Levels to Watch:
Support: 175B (channel support)
Resistance: 1.55T, 5T (projected target)
Breakdown Risk: 100B
Are altcoins about to explode to 5T, or will we see a deeper correction? Drop your thoughts below!
PS take a look at others vs. btc price action here: