Altcoins
LINK SWING LONG OPPORTUNITY - ALTSEASON - Altcoin MarketLINK is one of the key blue-chip assets in the crypto market. It is a well-established and reliable project compared to many newer networks and assets, which is why I prefer trading LINK.
Technical Analysis:
The price reached the monthly demand during the August 4th dump, got rejected, and began climbing. Following this, it broke the daily and weekly bearish structure, shifting into bullish momentum. Finally, the price broke the bearish trendline responsible for the downtrend since March 2024.
The price now appears to be retracing into the weekly demand and potentially retesting the flipped bearish trendline. The weekly demand also aligns with the optimal trade entry (OTE) zone, adding extra confirmation for me.
I will look for LTF confirmations to initiate a trade within the marked entry zone.
SL: $9.2
TP1: $19.2
TP2: $22.8
ETH - Targeting 3,500 but first...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH is currently in a correction phase trading within the short-term channel in red.
📚 As it approaches the $2,800 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
ETH/BTC - A potential path for the next 9 monthsI think BTC needs to hit 100k before alts need to go up, probably will in 2 weeks or 1 month and a half (I get this forecast from a past post)
as my last ideas with BTC pairs, doesn't mean ETH is gonna go down.
So yeah probably needs to test that 0.786 at ~0,032 before a nice rebound, and probably this is what gonna happen if BTC hit 100K. That would make ETH at 3200 USD (~+3%) when BTC 100K (~+10%)
target are 10-12k for end of the bull run
Not financial advice
cheers
$NEAR OUTLOOK AI project NEAR looks to breakout of an important mini range that has been holding it down since mid June.
This important S/R level @ ~$5.50 is key for the LTF with a bearish OB, a move above would mean a new higher high after a higher low therefor confirming a daily bullish structure continuation. The chart shows the next bearish OB expected resistance levels @ $6.30 and $7.40.
In the HTF this S/R level at 0.25 reclaim would mean a move to the charts midpoint @ $10.50 as the next target. NEAR is currently above the daily support and the macro bias is definitely now bullish.
For me both TA and FA look good to go and with NASDAQ:NVDA have their earnings for Q3 on the 20th November, AI projects will be in the spotlight in the next few weeks.
AVAX SWING LONG IDEA - ALTCOIN SEASON 2024-2025AVAX is one of the most well-known coins, backed by strong fundamentals. I believe it will perform well during the 2024-2025 bull run.
The price is currently coming from a monthly demand zone, showing solid rejection and strength. It has also broken the diagonal trendline that signaled the previous bearish trend. Both weekly and daily momentum are strongly bullish, further supported by Bitcoin's strength.
I expect a retracement to the weekly demand zone and the maximum discounted area, with a possible retest of the broken bearish trendline. From there, I anticipate a move up toward the targets.
LTF confirmations will be needed to initiate the trade.
Chainlink & World Liberty Financial Join Forces to Boost DeFiIn a notable collaboration within the decentralized finance (DeFi) sector, World Liberty Financial (WLFI)—a venture inspired by Donald Trump's vision of financial democratization—has partnered with Chainlink to strengthen its DeFi ecosystem. The integration is aimed at establishing WLFI as a leader in DeFi by adopting Chainlink's standards for secure on-chain data and cross-chain interoperability. With these upgrades, WLFI intends to make DeFi more accessible and secure, while supporting the U.S. dollar's position as a global reserve currency through stablecoin adoption.
Chainlink’s Integration with World Liberty Financial
Chainlink’s infrastructure will play a pivotal role in the development and security of WLFI’s DeFi platform. Initially, WLFI plans to integrate Chainlink’s Price Feeds on the Ethereum mainnet to provide accurate financial market data. This integration will be essential for the WLFI Protocol’s support of assets like USDC, USDT, ETH, and WBTC—adding a reliable layer of transparency to ensure trust in the platform’s financial operations.
Over time, WLFI will adopt additional Chainlink capabilities, including cross-chain interoperability and proof of reserves for Real-World Assets (RWAs). This strategic decision underscores WLFI’s long-term vision: a platform built not just on DeFi principles, but one that enhances cross-chain liquidity and bolsters asset security across multiple networks.
The Trump Vision in the DeFi Ecosystem
World Liberty Financial’s mission aligns with former President-Elect Donald Trump’s vision of making financial opportunities more accessible while ensuring the dollar’s continued dominance. The platform’s design will encourage the use of dollar-backed stablecoins, which could support the dollar’s value as it functions as a global reserve currency. This partnership with Chainlink signifies WLFI’s commitment to creating a secure, decentralized financial ecosystem in line with these values, offering users decentralized access to financial services without geographic or economic barriers.
Eric Trump commented on the collaboration, noting that it represents a significant step forward in both DeFi technology and in building a future he feels will be shaped by crypto innovations.
Technical Analysis of Chainlink ( BIST:LINK )
From a technical standpoint, BIST:LINK currently displays mixed signals in the market. As of the time of writing, BIST:LINK is trading 1.58% lower and is within a bearish reversal pattern, aligning with the overall bearish sentiment in the crypto market. However, the Relative Strength Index (RSI) is at a supportive level of 56, suggesting the potential for price stability. Should BIST:LINK retest the $12 support level, it’s expected to find enough buying interest at that pivot to prevent further declines.
Despite the short-term bearish outlook, BIST:LINK ’s fundamentals remain solid. If a broader market rally were to occur, BIST:LINK could see a run toward the $50 level, driven by both increased DeFi adoption and the platform’s ongoing developments with WLFI. Key support and resistance levels at $12 and $15 will be important to watch, as these price points will likely determine BIST:LINK ’s near-term trajectory.
Conclusion
The partnership between Chainlink and WLFI showcases the ongoing maturation of DeFi as an industry, demonstrating that collaboration between visionary projects can drive significant advancements. By adopting Chainlink’s price feeds and interoperability solutions, WLFI aims to secure its DeFi protocol and build a more resilient ecosystem for future financial services.
With BIST:LINK positioned at the heart of DeFi’s infrastructure development, the token’s long-term outlook is positive. Although the short-term technical indicators suggest cautious trading, the fundamentals provided by Chainlink’s broad DeFi ecosystem and WLFI’s ambitious goals indicate strong growth potential for both Chainlink and BIST:LINK as they continue to contribute to the decentralized future.
This collaboration could signal a new era for DeFi as traditional financial ideals merge with the transformative possibilities of blockchain technology.
XRP Aiming for a Major Breakout: Could $1 Be Next?With recent legal and political developments spurring optimism, Ripple's CRYPTOCAP:XRP is attracting substantial market attention and could be on track for a significant rally, potentially reaching $1 or even $1.50. The potential for XRP to reach these new highs stems from a mix of technical indicators, supportive fundamentals, and external market catalysts. Here’s what to watch.
Legal Wins and Potential Tax Exemptions
Pro-XRP lawyer Bill Morgan recently shared insights on a possible price jump to $1, fueled by a series of favorable news for Ripple. Notably, the ongoing lawsuit with the SEC has seen Ripple gaining ground, with a recent court ruling in favor of Ripple and its CEO, Brad Garlinghouse, adding to investor confidence. The looming possibility of a final jurisdictional decision could further benefit XRP’s outlook as it brings the case closer to a potential resolution.
Moreover, former U.S. President Donald Trump's proposed capital gains tax exemption for crypto could significantly boost interest in XRP and other U.S.-based cryptocurrencies like ADA and HBAR. If enacted, such a policy would allow U.S. investors to potentially benefit from gains in cryptocurrencies without facing capital gains taxes. This proposal, alongside Trump’s commitment to make the U.S. the "crypto capital of the world," is helping to buoy the market as investors eye XRP as a promising asset.
Technical Outlook
At the time of writing, CRYPTOCAP:XRP is trading at $0.7122, marking a 3.13% increase within a strong bullish trend. This rally follows a breakout above the $0.71 level, with the next critical resistance zone appearing at $0.89. However, traders should note that the Relative Strength Index (RSI) currently sits at 81.37, signaling an overbought condition. Typically, an RSI above 70 suggests that an asset may be overbought, indicating the possibility of a near-term retracement.
In this case, a short-term pullback to the support level of $0.64 could occur before CRYPTOCAP:XRP resumes its upward momentum. Notably, prominent analyst Dark Defender has also identified a series of price targets, predicting that if XRP can hold above the $0.6649 support and surpass $0.74 again, the path toward $1.03, $1.35, and even $1.5 could open up, potentially by next month.
Conclusion
With a mix of strong fundamental developments and positive technical indicators, XRP's current rally appears well-supported. Investors are eyeing the $1 and $1.5 marks as realistic short-term targets, with broader ambitions for even higher prices in the coming months. However, the overbought RSI suggests caution, as a minor pullback may precede the next surge.
If Ripple’s momentum in the legal battle with the SEC continues, and if Trump’s crypto tax proposal gains traction, CRYPTOCAP:XRP could see substantial capital inflows. For now, traders and investors should watch the $0.64 support and $1.05 resistance as key indicators in this unfolding rally.
Phemex Analysis #35: How to Capitalize on DOGE's Hot StreakPHEMEX:DOGEUSDT.P has recently experienced a significant surge, gaining over 100% in the past week and 300% in the past month. Originally known as a peer-to-peer digital currency favored by Shiba Inu enthusiasts, DOGE has evolved into a cultural phenomenon, often associated with Elon Musk and even linked to the United States Department of Government Efficiency (DOGE). These factors have solidified DOGE's position and fueled its recent price increase.
Key Levels to Watch:
Resistance Levels: $0.442, $0.564, and $0.744
These levels could act as barriers to further price increases or potential buying opportunities if broken with strong volume. The recent attempts to break through the $0.44 level on November 12th and 13th were unsuccessful, leading to a consolidation phase around $0.37 to $0.42.
Support Levels: $0.37, $0.34, $0.28, and $0.20
If the third attempt to break the $0.44 level fails, the price may retreat to one of these support levels. These levels could provide opportunities to accumulate DOGE at a lower price. Depending on your risk tolerance, you can enter earlier at $0.37 (but carry higher risk of price dropping) or enter later at $0.28 (lower risk, but might miss the entry). Alternatively, you can diversify your investments by allocating a portion of your funds to each support level.
Leveraging Trading Strategies
Grid Trading:
Utilize Phemex's Advanced Grid Bots to capitalize on price fluctuations within a specific range. By setting a grid between $0.28 and $0.744 (or higher), you can automatically buy low and sell high, maximizing profits from price swings & high volatility of DOGE.
Martingale Strategy:
If you're bullish on DOGE's long-term potential, consider using Phemex's Advanced Martingale Bots to double down on your position at lower support levels. Remember to use lower leverage to manage risk effectively.
Conclusion
DOGE's recent surge has generated significant excitement and volatility. While the future of the coin remains uncertain, understanding key support and resistance levels can help you make informed trading decisions. By employing effective trading strategies and managing risk, you can capitalize on potential opportunities in the volatile cryptocurrency market.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
KASPA IS GIANT - WAITING FOR MAJOR EXCHANGES - TRADE PLANChart Type: 4-hour (4H) timeframe.
Pattern Identified: A falling wedge pattern is evident, which typically signals a potential reversal to the upside, especially when the price breaks above the upper trendline (resistance) of the wedge.
Current Price Action: The price is currently consolidating near the lower boundary of the falling wedge pattern. The breakout above the wedge's resistance level is considered crucial for the potential upside move.
Indicators and Signals:
Volume (Volume Profile on the chart):
There is an increase in volume around the lower part of the wedge, suggesting accumulation as the price approaches key support levels.
A potential breakout could be confirmed by a spike in volume as the price breaks above the resistance line of the wedge.
RSI (Relative Strength Index, 14):
The RSI is at 43.20, which is neutral but nearing the oversold zone. This suggests that the market is not in an extreme selling phase, and the asset could gain momentum if the breakout occurs.
Stochastic Oscillator:
The Stochastic Oscillator is at 15.98, indicating that the market is in oversold conditions. If it crosses upward, it could further confirm that a reversal or upward movement is likely.
MACD (Moving Average Convergence Divergence):
The MACD line is above the signal line, and the histogram is in green, indicating bullish momentum. This is a positive sign for a potential upward move once the breakout happens.
Money Flow Index (MFI):
The MFI is showing green bars with an upward slope, suggesting positive money flow and investor interest in the asset.
HMA (Hull Moving Average):
The HMA shows a slight bullish bias with an upward slope, which complements the potential bullish breakout scenario.
Key Support and Resistance Levels:
Support Level: The lower boundary of the falling wedge acts as a key support level. If the price holds above this level, it will give confidence to the potential upward breakout.
Resistance Level: The upper boundary of the wedge is the key resistance level. A breakout above this will be crucial for confirming the potential bullish move.
Price Target: If the breakout occurs, the next logical target would be around the previous highs near 0.18 USD, based on the wedge's height.
Potential Scenarios and Trading Plan:
Bullish Scenario:
Entry: Enter a long position once the price breaks above the resistance level of the falling wedge (around 0.1285 USD).
Stop Loss: Set a stop loss just below the support of the wedge (around 0.1200 USD), to minimize risk in case of a fakeout or reversal.
Take Profit: The first target should be around 0.16 USD, and a secondary target around 0.18 USD if momentum continues to rise after the breakout.
Bearish Scenario:
If the price fails to break the wedge’s resistance or breaks below the wedge’s support, it would indicate that the price is likely to continue its downtrend.
Short Entry: Consider a short position if the price falls below 0.1200 USD, confirming a break of the wedge's support.
Stop Loss: Set the stop loss just above the wedge resistance at 0.1300 USD.
Take Profit: The target could be at lower support levels around 0.10 USD.
The KASPA chart shows a potential bullish reversal from the falling wedge pattern. The key factor for success in this trade will be the confirmation of a breakout with high volume above the wedge's resistance.
Utilize the indicators such as the RSI, MACD, and Stochastic for additional confirmation of the trade setup.
Risk management is crucial, with clear stop-loss levels set to protect against potential downside moves.
Velas is the real monster! Skyrocketing + Solana fork on horizonTechnical Analysis for VELAS Cryptocurrency
VELAS ( LSE:VLX ) is currently at a very low market cap, presenting a tremendous opportunity for investors and crypto enthusiasts. As one of the most promising projects in the blockchain space, VELAS is working on a groundbreaking fork of Solana, a move that could drastically enhance its scalability and performance. Once the fork is completed and the full potential of the technology is realized, the price is expected to skyrocket, positioning VELAS as one of the top contenders in the crypto market. Now is the perfect moment to closely monitor LSE:VLX , as the project is on the cusp of significant development and growth.
Market Overview:
At present, VELAS remains under the radar for many investors, with its market cap being relatively small. However, this presents a unique opportunity for those who understand the project's long-term potential. The current market conditions offer a window to enter at an attractive price point before the inevitable surge once the Solana fork is completed.
Key Fundamentals:
Solana Fork: VELAS’s primary focus is to fork Solana’s high-speed, scalable blockchain technology, which offers significant improvements in transaction speeds and lower fees compared to other blockchains.
Project Team and Development: The development team is focused on optimizing the codebase to ensure that the VELAS network will be capable of handling millions of transactions per second (TPS) without sacrificing decentralization.
Partnerships and Ecosystem Growth: VELAS has been actively seeking strategic partnerships with decentralized finance (DeFi) projects, NFT platforms, and major players in the Web3 space. As the ecosystem grows, it will bolster the demand for LSE:VLX tokens.
Technical Indicators:
Price Action: Currently, VELAS is trading in a consolidation phase after a slight dip in its price. This is typical for assets before major updates or forks are launched. Traders and investors should keep an eye on support levels around the $0.30–$0.35 range. A breakout above the resistance at $0.50 would signal the start of a bullish trend.
Moving Averages: The 50-day and 200-day moving averages are converging, which often indicates that a breakout is on the horizon. This crossover will serve as a critical indicator of a trend shift from bearish to bullish.
RSI (Relative Strength Index): The RSI currently sits below 40, indicating that LSE:VLX is in oversold territory, which suggests the potential for an upcoming rally. This could present an entry point for those looking to capitalize on the upcoming price surge.
MACD (Moving Average Convergence Divergence): The MACD is showing signs of positive momentum, and the histogram is beginning to turn upward, which could signal that the price is gearing up for an upward move.
Support and Resistance Levels:
Support Level: $0.30 is the critical support level for VELAS. Should the price dip below this level, further downside is possible, but the project’s long-term prospects make this a likely bounce point.
Resistance Levels: The first major resistance is $0.50, followed by the psychological barrier of $1. If VELAS can break these resistance levels, it could quickly gain significant upward momentum, especially with the completion of the Solana fork.
Trade Setup:
Entry Point: Now and on spot trading only!
VELAS is a high-potential cryptocurrency that is at the intersection of low market cap and major technological advancements, particularly with its Solana fork. The current price offers an enticing entry point for investors looking to position themselves before the upcoming price surge. By utilizing technical indicators and monitoring key support and resistance levels, you can develop a solid strategy to trade VELAS effectively. With the Solana fork on the horizon, VELAS is well-positioned to experience a significant rise in its value in the coming months.
XRP Prediction Price Breakout & New All-Time Highs? In this video, we dive into an in-depth analysis of XRP's recent price action and what might be in store for the future. XRP has surpassed our initial price targets, breaking out of previous resistance zones and showing strong momentum. With this bullish move, XRP is now setting up for new, higher price targets, and there's a growing possibility that it could reach or even exceed previous all-time highs!
In today’s analysis, we’ll cover:
- Key support and resistance levels to watch
- How XRP's price expansion aligns with market trends
- Potential targets for XRP as it eyes new highs
👉 Subscribe for more XRP and crypto analysis, and turn on notifications to stay updated on the latest market moves!
Ethereum to $15,000 by 2025Ethereum is in the verge to give a triangle breakout.
CMP:3300$
2025 is the year of ALT COINS and Ethereum will at least 5x from here!
Most of the dead alt coins will rise from its grave next year, make sure to book profits periodically and try not to get greedy
This is not Financial advice.
I’m just a guy who is pursuing CA Final.
Make sure to drop a comment if you agree or disagree.
ALTCOINS TOTAL3 Altcoins have struggled in the last 5-6 months since BTCs slowdown.
Some alts are down 80% from their highs but are now displaying a promising pattern for the bulls. The chart shows the daily support that intersects 3 points that make a head and shoulders pattern. This H&S pattern is an important reversal structure that if gets completed would signify the bottom of the downtrend and the beginning of an uptrend.
Since this H&S reversal TOTAL3 has flipped the 1D 200EMA and is now at diagonal resistance. Should this resistance be broken and accepted above as well as the WEEKLY S/R then the next target is DAILY RESISTANCE. This would be great for smaller can alts especially the newer projects that have not experienced a Bullrun yet.
In terms of a trade setup. I would place an SL below the local low as this would be a trend break and could signify a further sell-off.
Take profits @ DAILY RESISTANCE, $720B & $780B.
FET | ALTCOINS | TOP ALT for coming ALTSEASONFETCH was one of my TOP altcoins for 2024, and has seen some more increases since my lst update. (Find the previous update here :)
THIS is the initial introduction to FETCH in January, when I identified this as a good buy for 2024:
I'm optimistic for the remainder of 2024; FETCH and other alts will see great increases as soon as BTC takes a breather and trades sideways for a few days.
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BINANCE:FETUSDT
Altseason, Microcaps & Bitcoin ATH | BTC | BTC.D | TOTAL3An important analysis as the first part of my ongoing outlook for Bitcoin, now that my target has hit.
Not too long ago, I did a focus on altcoins by market cap - and the order in which they rally. This mainly speaks to the top 10 altcoins by market cap, and how they follow BT closely.
However, throughout the cycle, you will see microcaps move independently, aka pump and dups, but the real parabolic increases will happen when BTC is trading bullish, especially towards the peak / just after the peak of BTC. Together with watching the Bitcoin Dominance chart, that is what we discuss in more detail today.
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BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL3
Altcoin Season! C&H pattern can take altcoins to 2 trillion!Price action has now finished the handle on the total2 charts cup and handle as well as closed a Daly candle above it. Now we need to close a weekly candle above it and make sure we’ve flipped the rimline to solidified support so we can trigger and validate the breakout. If so the measured move line takes price to a target of 1.99 trillion! The journey to that target would make for one unforgettably epic altcoin season no doubt. *not financial advice*