AAVE LONG IDEA - AAVE Coin Swing Long OpportunityAAVE is a coin I monitored closely during Summer 2024. While most altcoins were making new lows, AAVE was accumulating and showed resilience, which suggested to me that it might outperform others in the 2024-2025 altcoin bull season.
Technical Analysis: Price accumulated within the monthly demand zone throughout Summer 2024. It finally took off, breaking the weekly structure and creating strong bullish momentum on the weekly and daily charts.
Currently, price is retracing to the weekly demand zone responsible for the structural break, which is also supported by the monthly demand. This level appears strong to me.
I anticipate a slight retracement to grab daily swing liquidity before taking off from that area, which aligns with the Fibonacci golden entry level, adding further confidence.
I’ll be watching for LTF confirmations to enter the trade.
Altcoin
Grass: Green? or brown?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Some questionable elliottwave structure in the wave one, but if it can stay above 1.37 here or above, and complete a move past the ath, I would be inclined to say impulse up is completing.
1.70 is the level the bears have to break to keep this party going, so if it does break I will be looking for how it breaks. A flip of the level would be ideal.
Trade Safe,
Trade Clarity.
FET Solid Long Entry & TargetA few untested KEY levels below would be a nice place to enter a long trade if we get the reaction we are looking for. The target would be the Value Area High & other untested KEY levels above.
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This is not financial advice. This is for educational purposes only.
BTC Triangle Breakout StrategySharing my BTC setup on the 1-hour chart—currently breaking out of a triangle pattern. I've entered a position with a stop loss at 72,152 and a target of 73,600, aiming for a 2.5 risk-reward ratio in daily trading. This setup aligns with managing risk while catching potential momentum from the breakout. Keep following to track the outcome, and let’s exchange strategies on similar setups! 📉💬
XRP 20% Increase NextAfter winning the lawsuit, #XRP has made a new range and we are #trading at the bottom of the #volume profile of that range. There is a higher probability that we move 20% higher to test the top of the #range leading into a potential #breakout.
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FET LOOKING NEW HIGHS - FET LONG OPPURTUNITY FET is the leading AI coin in the altcoin market, with strong fundamental momentum. This momentum could increase as AI stocks (like NVIDIA, AVGO, etc.) start reaching new highs.
Technical Analysis: The price is coming from the monthly demand zone, where it faced strong rejection and created a bullish weekly structure. The weekly demand also supported recent bullish momentum.
Currently, we are inside the daily demand zone and below the equilibrium of the weekly swing, indicating that the price is at a discount. I’ll be targeting the purple line once we break and close above the green trendline, which has been holding the lower time-frame bearish structure over the past few days.
ADA Beautiful Range. Lower First!?Currently rejecting from the local POC. IMO it would make sense to test the untested daily level, VAL, GP below before attempting to move higher into September highs, untested monthly level and channel highs. #Cardano
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Great area to LONG & SHORT!We have found temporary support above the range POC. and weekly level. I'm expecting the local lows into POC to be swept then bounce back into VAH/Daily/GP, then VAL for a bounce to range highs. VAL can also get tested first.
#Chainlink
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
SEIUSDT - SHORT TERM Support in DANGERSEI is retesting a key support zone, and losing this support zone may lead to a hard drop.
The opening prices of SEI has not yet been retested, and in most cases for newly released altcoins the price will return to "retest" the opening price. In some cases, it even falls under - but it is quite common for he price to return to these zones.
I discuss a similar situation on NOTUSDT, which is showcasing a similar situation:
IF the price cannot keep closing daily candles ABOVE the current support zone, it's likely that a hard plummet will follow, since the price has lost the 200d moving averages in the daily, which equals short term bearish.
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COINBASE:SEIUSD BINANCE:SEIUSDT
BTC DOM- Quick Update.
- If you're still standing and holding onto your cryptos, you’ve earned a medal.
- Not much to see in this monthly chart, just one key detail :
- Take a look at the RSI and notice how much BTC dominance has surged.
- The next move could be altcoins skyrocketing out of nowhere.
One word: HODL !!!
Happy Tr4Ding !
NOT - FREEFALL Possible for NOTUSDT NOT is short term bearish as we lose the higher-highs and form a bearish M-Pattern in the daily timeframe.
In an earlier post, I made an important note on how to trade newly released altcoins - and share a key fact that is might come handy for NOTusdt:
Additionally, we've fallen below the 50d Moving averages in the daily timeframe - also a bearish indicator for the immediate term.
Don't miss this update on BTC, as BTC will determine the direction of most of the market:
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BINANCE:NOTUSDT
HOLO (HOT) AT GOOD ENTRY POINT TOWARDS UPTREND MOVEMENTSymmetrical Triangle Pattern: The chart illustrates a clear symmetrical triangle formation. This pattern generally suggests a continuation or breakout of the prevailing trend, but it could go either direction—up or down—depending on the market conditions and volume at the time of the breakout.
Resistance: The top boundary of the triangle has been identified as a resistance level around the 0.002000 USDT mark.
Support: The bottom boundary is acting as support around 0.001500 USDT.
The price is currently consolidating within these converging trendlines, suggesting that a breakout is imminent.
Indicators:
VMC Cipher B Divergences:
The VMC Cipher indicator is showing divergence, hinting at a potential change in momentum.
Positive divergences and green dots indicate buying opportunities, with bullish divergence supporting the breakout hypothesis.
Relative Strength Index (RSI):
Current RSI reading is around 53.55, indicating a neutral zone. There's no clear sign of overbought or oversold conditions. This means the price could go either direction, depending on momentum.
Stochastic RSI:
Stochastic RSI is at 30.09, showing a slightly oversold condition. This suggests that upward momentum might be gaining strength soon.
HMA (Hull Moving Average):
HMA Histogram is currently slightly negative but shows signs of recovery. If it flips to green, it would be another signal for an upward move.
Volume Analysis:
The volume is relatively flat, which is typical during the consolidation phase of a symmetrical triangle. A surge in volume, however, is expected when the price breaks out of the triangle, which will confirm the breakout direction.
Trading Plan for HOLO (HOT):
Scenario 1: Bullish Breakout from the Symmetrical Triangle
Entry Point:
A confirmed breakout above the 0.002000 USDT resistance level with increased volume.
Enter at 0.002050 USDT once the breakout is confirmed to avoid false breakouts.
Target Levels:
First Target: 0.002500 USDT (previous high).
Second Target: 0.003000 USDT, corresponding to the projected move from the triangle breakout.
Stop-Loss:
Place a stop-loss at 0.001800 USDT to protect against false breakouts back into the triangle.
Risk Management:
Consider allocating 2-3% of your portfolio per trade and adjust position size according to risk tolerance.
Scenario 2: Bearish Breakdown from the Symmetrical Triangle
Entry Point:
A confirmed breakdown below 0.001500 USDT with a spike in selling volume.
Enter at 0.001450 USDT once the breakdown is confirmed.
Target Levels:
First Target: 0.001200 USDT, which aligns with historical support.
Second Target: 0.001000 USDT.
Stop-Loss:
Place a stop-loss at 0.001700 USDT in case the breakdown is false.
Risk Management:
As always, only risk a small portion of your capital (2-3%) to avoid heavy losses in a volatile market.
Key Watchpoints:
Volume Confirmation: Watch for a surge in volume when the price nears either the upper or lower boundary of the symmetrical triangle. Volume is a key factor in confirming breakouts.
Market Sentiment: Keep an eye on overall market sentiment for both cryptocurrencies and broader financial markets, as HOLO could be influenced by market-wide movements.
DOGE COIN SWING LONG IDEA - MEMECOIN - ALTCOIN DOGE coin is the leader of the meme sector in crypto, and it’s sometimes directly supported by Elon Musk. That’s why I’m keeping an eye on this coin.
The price is coming from a monthly demand zone, where it got rejected and has since started a weekly bullish momentum. Both the weekly and daily upward momentum are strong, suggesting the price could be heading toward new highs, in my opinion.
We might see some retracement before it rallies all the way up, but that may not happen either.
DEEP/USDT strongest Altcoin - more gains to come?At this time, DEEP, a SUI supporting coin is one of the strongest Altcoins in the market.
With BTC at key breakout level, DEEP/USDT could lead to further gains and continue it's trend higher, if it will not break lower. Given the momentum in DEEP, I think we can see 0.1 by the end of the week and further gains in a longer time period.
Always enter at your own risk and remember that investing and trading is risky.
DEEP remains strong. Because they buying - I am buying.
After all, deep pockets buy deeeeeeeep.
APTOS LOOKS WEAKAptos is at a very crucial level and based on how BTC loooks, I would expect a quick move to the downside before continuation up.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
SOLANA COIN SWING LONG IDEA - ALTCOIN MARKET - SOLSolana is one of my favorite coins for the 2024-2025 altcoin bull run. It has strong fundamentals, as well as a supportive community.
The price is coming from the discounted monthly demand zone. The weekly structure is also bullish, and the daily structure is accelerating upward momentum. I believe we will easily reach the purple targets and eventually return to all-time highs.
I’ve bought a spot bag here. It may retrace slightly before taking off, so invest and trade accordingly.
Nothing i share is financial advice. Education purposes only.
EIGEN COIN LONG OPPORTUNITY - ALTCOIN MARKET EIGEN is one of my favorite coins due to its strong fundamentals.
Fundamental Analysis: EIGEN has over $11 billion locked on its platform, making it the 3rd highest in total locked value in the entire crypto market. Additionally, it’s the first and best restaking platform on Ethereum.
Technical Analysis: EIGEN bounced off the daily demand zone, and the 4H structure has confirmed that the price is seeking upside liquidity/expansion.
I expect it to reach these two targets and potentially much higher, possibly even new all-time highs during the next altseason.
I believe we’ve hit the bottom for this coin, and I’ve opened a position.