What comes down, must go upLook to the past for some patterns. It seems like when things get moving, they getting moving and fast. Like really really fast. Out of no where, we'll see a spike in dominance which leads to a pump price. With the Ripple case being speculated on coming to a close, things might just interesting.
Right on time with the charts ;)
Altcoin
PeiPei(ETH) Can go Up at least +30%Today I want to analyze Memecoin for you, which looks very similar to BINANCE:PEPEUSDT Pepe's Memecoin , with the difference that it has a hat and is red in color. The name of this meme is GATEIO:PEIPEIUSDT PeiPei(ETH).
Looking at PeiPei(ETH)'s website , we realize that the website is really weak and has NO whitepaper like many memecoins. The number of PeiPei(ETH)'s followers on social media is very low .
According to the above explanation, please don't take too much risk and follow the capital management, and it doesn't seem that PeiPei(ETH) can be profitable in the long term, but we can get at least +30% profit from this token according to the analysis below .
PeiPei(ETH) has successfully broken the Resistance zone and is currently completing the pullback .
According to Elliott's wave theory , PeiPei(ETH) seems to be completing wave 4 .
I expect PeiPei(ETH) to rise(+30%) to the Potential Reversal Zone(PRZ) after the completion of wave 4 .
Note: If the PeiPei(ETH) forms a 4-hour candle below the resistance zone, the scenario will change and the probability of the PeiPei(ETH) falling is very high.
Note: An important point you should always remember is capital management and lack of greed.
PeiPei(ETH) Analyze (PEIPEIUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Meme Coin $Mother Iggy These sharp pullbacks are opportunites where I am dollar cost average buying alt coins and meme coins. It's always tough to step in when the crypto market is dumping. I have experienced sharp pullbacks, but overall I have seen huge gains in the crypto market when riding out the volatility.
The celebrity meme coin fun is on! This is a casino bet suggested by one of our lovely CoinStash members. In this pullback I'm getting in close to the launch price. I used the Raydium DEX on Solana. To get the official $Mother contract go here. x.com Be careful, there are many imposter tokens out there. **Full Dislosure: This is not financial advice. I am not a professional broker. I am sharing trades and information for educational and entertainment purposes only.
Altcoin Dominance to repeat uptrend like previous 2 cycles?During each of the previous 2 cycles in 2017 and 2021 crypto bull markets, Altcoin Dominance (below top 10 rank) went through a 5-wave uptrend as shown. The uptrend took 29 months for each cycle.
Here is a sketch of what the current cycle may look like if altcoins experience a similar pattern to those 2 previous cycles. This is just a guess at what might happen. There are no guarantees that any idea will come true. The wave lines and time measurements for this cycle are for display only, not estimates of how far up altcoins will rally and how long it will take. When this bull market will end is anybody's guess. It could be Q4 2024, or any quarter in 2025.
PEPEUSDT is approaching an important resistanceHey Traders, in today's trading session we are monitoring PEPEUSDT for a selling opportunity around 0.000001000, Pepe is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.000001000 support and resistance area.
Trade safe, Joe.
SHIB Flashing a SELL (⊙_⊙)I've been bearish on SHIB since the failed pennant pattern:
We just got a "SELL" alert from the technical indicator in the weekly timeframe. The higher the timeframe, the more significant the pattern / alert.
Watch the BTC on what w need to see after a "SELL" alert to consider this situation turning ack to the upside:
_________________________
BINANCE:SHIBUSDT
BTC Seems To Be Looking For Some Gains?As the title said, BTC seems to be looking for a breakout towards the top. Alts are worth trading but are extremely subjective to BTC movement despite a few alts like INJUSDT which seems to have negative correlation for the past week.
That being said, look for long positions at the green line to the golden pocket I provided. I won't be providing a TP because it'll just break into the trendline and range again, so find the tp you're comfortable with.
This analysis was done using 4H and 1D.
- ElvianElvy
ETH - Next Bullish Impulse Soon?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been overall bullish, trading above the rising trendline marked in blue.
Currently, ETH is undergoing a correction phase and approaching the lower orange and blue trendlines.
Moreover, it is retesting a strong support and demand zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and blue/orange trendlines acting as non-horizontal support.
📚 As per my trading style:
As #ETH is around 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
JUP Seem To Be Entering The Premium Discount Area
There are times when in trading, it's right to not open a long or short, but its correct to accumulate. Now is a great time to do so since we just got short squeezed on BTC and BINANCE:JUPUSDT just fell by 11%.
Why BINANCE:JUPUSDT ? Because it's CRYPTOCAP:SOL leading DEX and basically the BINANCE:UNIUSDT of Solana, the devs has also stated how ASR (Active Staking Rewards) would work and when you would get it (soon). So buy and accumulate a bag of it on spot. (Staking is up to you)
Going to put this in bold, DO NOT FUTURES LONG IT, THE IDEA IS TO BUY SPOT AND ACCUMULATE, NOT TRADE SHORT TERM.
Obviously selling your house to buy JUP is satire and a joke, but if it ever hits that point you should accumulate more.
Remember traders, there are always 3 options in this space. Long, Short, and accumulate.
P.S.: To the TV Team, I do not know if I count this as an analysis or a tutorial, because the whole focus is to know when to accumulate and when not to trade. I'll post it as analysis, please dm me or change it if you feel it's in the wrong category.
ATH - Aether accumulatingATH is one of my favo coins.
With a real usecase and great potential in the AI narrative and a huge community its building up momentum.
The former EQ i drew has been broken on the upside. But due to lack of volume i also drew a PC in yellow. This is less bullisch but still ATH is outperforming BTC for now.
This coin could easy outperform RNDR for example. So I did set some alerts and try to buy the bottom.
The Aether ( TSX:ATH ) coin has a promising upside potential based on various predictions. Analysts forecast that the price of Aether could see significant growth over the next few years.
Short-term Prediction: Over the next 30 days, Aether is expected to increase by approximately 51.36%, potentially reaching $0.105226 by late June 2024 (CoinCodex).
Medium-term Outlook: By 2025, Aether could trade within a range of $0.06952 to $0.343487, representing a potential increase of up to 370.31% from its current value (CoinCodex).
Long-term Forecast: By 2030, Aether could reach as high as $0.52, with further growth expected in subsequent years. By 2033, it is predicted to hit $1.34 to $1.59
These predictions suggest substantial upside potential for Aether ATH, driven by positive market sentiment and anticipated growth in its use case and adoption.
#NOFINANCIALADVISE
APE - W pattern?APE appears to be one of the best assets in crypto from a risk-reward perspective and has been in a macro accumulation phase for a considerable period.
The $1 support, which has become resistance, is very relevant for the upcoming period.
If APE manages to turn the $1 resistance back into support, we have confirmation that the price below $1 in the recent period was a fake-out.
On the other hand, at the macro level, APE seems to be forming a W pattern . Taking the macro support and resistance (accumulation) as the price objective and placing it above the $2.5 resistance indicates that we can reach $6.4.
Therefore, if we have confirmation that $1 is becoming support again and the recent movement below it was a fake-out, we have a potential 5x reward .
An invalidation of the fake-out would be if the price falls below $0.84 with a full body and consolidates below.
$ALT will become a #100 coin easily. Last i took a trade on KRAKEN:JUPUSD around $0.5 (now $1.60+) and i think all of those coins will easily 2x the marketcap.
Yesterday i bought Altlayer on the backtest. Not for fast gains, because we can go lower. But in the end this coin will easily do a 2x to $1. 3-5 months. Maybe faster depends on the market.
XRP - Shift in Momentum in Action!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 XRP has been overall bearish , trading within the flat falling wedge pattern in red.
Moreover, it is hovering within a massive weekly support zone $0.5 - $0.6.
🏹 For the bulls to take over from a long-term perspective, a break above the upper red trendline and $0.6 resistance level is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Next Bullish Impulse Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading above the rising trendline marked in red.
Currently, BTC is undergoing a correction phase and approaching the trendline.
Moreover, it is retesting a strong support zone marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the blue support zone and red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #BTC 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
150x Potential on Tokenfi's TOKEN [LONG]Hello Traders,
RWA AKA tokenizing "Real world assets" will be one of the next major breakthroughs in the fintech industry. From the team at FLOKI Coin they've created Tokenfi's TOKEN cryptocurrency which handles all the payments for tokenizing assets on all of the major blockchains. In the last couple of months the team completed thorough updates to bring tokenization of real world assets to every major blockchain. In one regard you can create your own cryptocurrency with a click of a button. As well as NFT projects. You can tokenize just about anything and with thorough and complete updates in the coming releases they are always adding quality over quantity to their code. This project is a first of its kind. People in the fintech industry have been talking about tokenizing real world assets for a couple of years now. The team at FLOKI and Tokenfi are the first to make this a possibility. Just a few months ago it was only for three block chains. Now they have almost every major blockchain. This is a sign of amazing things to come with future updates.
As we look at the PMARP indicator on the daily chart we can see projections almost like the RSI where it is at an oversold time. This is already bringing in big investment money as you can see from the chart. I remember when TOKEN first started and I told you to invest at two cents. It already hit 22 cents from there. It went down to 5.8 cents and then back up to 17 cents. This correlates with Bitcoin. When Bitcoin goes up like it will by the end of the summer or sooner we will see TOKEN go up in a major way. Just take a look at the chart. At every moment when you see it is oversold on the PMARP indicator or the RSI indicator you can see that it made amazing gains! With a 78 million dollar market cap heading into a 3 billion dollar a year NEW industry the price of token could easily hit 50 cents, $1 even $2 and so on. So make sure to set aside investment for TOKEN cryptocurrency and remember to shout me out for who told you first.
Love
Rocket