Guacamole Giving Multiple Buy SignalsThere are very few coins rn now that are flashing buy signals at me, but GUAC is one of them. Also, it flashed the buy signal twice. The last time GUAC flashed my buy signal at me multiple times (4 to be exact), it rocketed up over 200%. Whether or not you would have DCA'ed in, you have been in the profit at the point at which my indicator then gave a sell signal. The next time it gave us a buy signal, it made over 100% gainz. My followers and I took profits right around 88%. And now recently we once again have two GREEN DOTS, telling us GUAC will soon make a move. This move may be days away or it may be weeks but be prepared to make some nice profit either way.
Altcoins
X Empire(X) can PUMP[+10%_+20%_30%]Today, I want to analyze the telegram game token X Empire , which has been listed in various exchanges for about 1 day , so that if you participate in the Airdrop of this telegram game , where you can sell your tokens or even profit from the increase in the price of the token X .
X token ( OKX:XUSDT ) has managed to break the Downtrend line .
I expect X Empire(X) to rise again after the pullback to the Downtrend line and attack the resistance zone , and if the resistance zone is broken, we should expect it to rise to $0.000084 & $0.000091 .
⚠️Note: Because there is not much data on token X, be sure to observe capital management in this position more than before.⚠️
⚠️ Note: If you have the X token and want to sell, the resistance zone can be a suitable zone, or if the support zone breaks, it is better to sell this token because it is more likely to fall. ⚠️
🔔Be sure to follow the updated ideas.🔔
X Empire Analyze ( XUSDT), 15-minute 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.
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 !
Altcoins - Basing in October: Will November Bring the Big Move?It seems we’re still in a basing or rotating cycle. We’re close to a trendy move, regardless of whether it’s bullish or not, as we near the end of this consolidation phase.
October has turned out to be #Flatober instead of #Uptober. That’s alright; the tighter the consolidation, the greater the chance November will make a definitive move in any direction.
I still lean bullish, but this week’s daily price action is a bit worrisome. Crypto appears to be used as a hedge, while equities remain the predominant risk-on asset going into CPI, making new highs as crypto retraces back to last week’s initial levels.
Basing for #October > Moving on to #November.
The Upcoming Collapse of USDT Theter - Thesis Binance and its CEO ‘CZ’ plead guilty to federal charges and agreed to pay $4.3B in fines.
But that`s not all!
The crypto market is facing increased scrutiny as part of an agreement between Binance's CEO, CZ, and the U.S. Securities and Exchange Commission (SEC).
This agreement grants the SEC unprecedented access to Binance's comprehensive records, shedding light on various transactions, fraudulent activities, and instances of price manipulation linked to tether, which significantly influenced the surge in Bitcoin's value.
Of particular interest to regulatory authorities is the revelation that CZ has agreed to provide the SEC with access to tether transactions, signaling a deeper investigation into the controversial stablecoin. Tether (USDT) has long been tethered to the value of the U.S. dollar, yet recent events have sparked concerns about its stability and transparency.
What makes this development particularly noteworthy is the emerging focus on tether by U.S. agencies, who seem to be strategically positioning themselves to potentially replace it with Central Bank Digital Currencies (CBDCs). Unlike stablecoins such as USDT, CBDCs are issued and regulated directly by the central bank of a country, eliminating reliance on private entities or community-driven initiatives.
As the SEC gains access to the intricate details of Binance's operations and tether transactions, the crypto community is left on edge, grappling with uncertainties regarding the future of stablecoins and their role in the broader financial landscape. The evolving narrative suggests a potential paradigm shift as regulatory bodies aim to instill confidence in the market through the adoption of government-backed digital currencies over privately issued stablecoins.
The SEC's focus extends beyond Binance to specifically target USDT, with the intention of replacing it with Central Bank Digital Currencies (CBDCs) to assert control over all transactions. This strategic move is seen as a prerequisite for potential approval of an ETF in the future. Notably, Binance has been implicated in facilitating transactions linked to terrorist groups, including Hamas' Al-Qassam Brigades, Palestinian Islamic Jihad, al-Qaida, and ISIS, as highlighted in a statement by Treasury Secretary Janet Yellen.
Looking forward to read your opinion about it!
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:
_______________________
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.
SOL = ETH's Killer - If this isn't obvious, I don't know what isHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
The picture speaks for itself, doesn’t it?
1️⃣While SOL has held strong within the ascending triangle shown in red, ETH has already broken below its $2,800 support level.
2️⃣Moreover, since the beginning of 2024, SOL has surged by over 100%, while ETH has risen only 17%.
Imagine how aggressively SOL could push during the upcoming bull run.📈
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Phemex Analysis #31: Is SOL Ready for a Breakout?PHEMEX:SOLUSDT.P has exhibited a steady upward trajectory, climbing from $138 to $179 in October. This surge has ignited anticipation among investors, with many predicting a resurgence of the Solana bull run. To capitalize on this potential, it's crucial to identify key support and resistance levels that could significantly influence SOL's price movement.
1. Strong Resistance Zone: $181 - $193
This price range has acted as a formidable barrier in the past, rejecting price increases on May 21st and July 30th. If Solana can successfully break through this resistance zone, it could pave the way for a continuation of the uptrend, potentially driving the price towards $210. Traders might consider entering long positions at this breakout point and taking profits around $210, or holding for further gains.
However, there's also a risk of rejection at this resistance level. If the price plummets sharply with a large red candle, it could signal a potential downturn, leading to a drop towards the support zones.
2. Intermediate Support Zone: $140 - $126
If Solana encounters resistance at the $181-$193 zone, traders might consider shorting the asset with a take-profit target at the intermediate support zone. For long-term holders, buying the dip at this support zone during a potential retracement could be a strategic move.
3. Strong Support Zone: $105 - $93
While this is the least likely scenario, it's essential to be prepared for a potential drop to the strong support zone. However, given Solana's growing fundamental strength, with more projects onboarding the Solana blockchain and the anticipation of a Solana ETF, a significant price decline seems less probable.
Conclusion
Solana's price action is influenced by key support and resistance levels. By carefully analyzing these zones, traders can make informed decisions about when to enter and exit positions. While the bullish sentiment surrounding Solana is strong, it's crucial to maintain a balanced perspective and be prepared for potential market volatility.
Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
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.
EURAUD - Already OverSold...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURAUD has been bearish trading within the falling channel in orange.
Currently, EURAUD is approaching the lower bound of the channel.
Moreover, the zone marked in blue is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #EURAUD approaches the blue circle, 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
Polygon: Gain Momentum!In the Polygon chart, we primarily expect an imminent lower low of the magenta wave (2) within our magenta Target Zone (between $0.4711 and $0.3058) before a trend reversal occurs. Afterward, a significant uptrend should begin, starting with the turquoise wave 1, which should break through the resistance level at $0.60. You can use our zone to establish long positions, with stop-losses placed 1% below the low or directly at the support level of $0.31 to minimize downside risk. If the coin breaks downward out of our Zone (42% likely), we will have to expect a further drop with the green wave alt.(2).
BTC - Next Support...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉As per my last BTC analysis (attached on the chart), we know that BTC is currently in a short-term correction phase.
The question is: till when/where?
📈From a medium-term perspective, BTC has been bullish trading within the rising channel in blue.
Moreover, the orange zone is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the orange demand and lower blue trendline.
📚 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
ALTCOINS Q4 2024 | Ideal Entries | GOOD BUYSHere's an updated list of 10 altcoins that have good chart setups and longer term prospects.
Note that for some, you may have to dollar-cost-average (buy little bits on the way down).
1) NEARUSDT
2) TAOUSDT
3) LTCUSDT
4) TIAUSDT
5) FTMUSDT
6) GRTUSDT
7) AVAXUSDT
8) INJUSDT
9) AAVEUSDT
10) SOLANA / SOLUSDT
___________________________________
Chainlink Surges 4% on ANZ Collaboration Is $15 the Next Target?Chainlink ( BIST:LINK ), a pioneer in decentralized oracle networks, recently experienced a 4% price surge following a groundbreaking announcement of its collaboration with the Australia and New Zealand Banking Group (ANZ). Together, they aim to revolutionize private transactions for tokenized real-world assets (RWAs) using Chainlink's new CCIP Private Transactions. With the potential to reshape institutional adoption of blockchain, this partnership could be the catalyst for Chainlink's price to reach new heights, with analysts eyeing $15 as the next key target. Let’s dive into the fundamental and technical aspects driving BIST:LINK 's bullish outlook.
The ANZ Partnership and Private Transactions for RWAs
One of the major barriers to institutional blockchain adoption has been the lack of privacy in cross-chain transactions. Financial institutions require complete data confidentiality while interacting with both public and private blockchains to meet stringent regulatory demands, such as Europe’s GDPR (General Data Protection Regulation). Chainlink's latest innovation—CCIP Private Transactions—addresses these concerns, allowing institutions to securely conduct cross-chain transactions without exposing sensitive details.
ANZ Bank, one of the leading financial institutions in Australia and New Zealand, has taken the initiative to pilot Chainlink's privacy solution as part of Singapore’s Project Guardian—an initiative aimed at advancing tokenized RWAs. This move could pave the way for broader institutional blockchain adoption, solving a key privacy issue that has been holding back large-scale institutional use of blockchain technology.
In the words of Chainlink co-founder Sergey Nazarov:
> "The lack of adequate privacy has held back institutional use of blockchain technology. With CCIP Private Transactions, we expect to see more large-scale transactions and an increase in institutional blockchain adoption."
This new feature allows financial institutions like ANZ to maintain full privacy while conducting cross-chain transactions, potentially revolutionizing how RWAs are managed on blockchain platforms. With this powerful use case, Chainlink ( BIST:LINK ) stands at the forefront of enabling institutions to adopt blockchain on a large scale.
Chainlink’s Growing Ecosystem
Beyond private transactions, Chainlink ( BIST:LINK ) continues to strengthen its position in the blockchain space. Recently, the project integrated its Proof of Reserve feature across Solana and Ethereum mainnets to enhance security for wrapped Bitcoin tokens. Chainlink has also partnered with ZKsync and Coinbase’s Base network, pushing further into decentralized finance (DeFi) and cross-chain token transfers. The continued expansion of Chainlink’s ecosystem only adds to the bullish momentum.
Technical Analysis
At the time of writing, BIST:LINK is trading at a 4.53% increase, driven by strong bullish sentiment from the ANZ collaboration and new technological advancements. The Relative Strength Index (RSI) stands at 66, indicating a bullish trend. This is particularly significant as it suggests that BIST:LINK is moving out of its long consolidation phase and gearing up for further gains.
Looking at BIST:LINK 's price chart, the coin is emerging from a falling wedge pattern—a bullish technical formation that often signals a trend reversal and the potential for significant price movements. While the wedge isn’t particularly large, it’s still significant enough to push BIST:LINK towards the $15 mark, especially as we approach the Halloween season, a period historically favorable for altcoin performance.
Currently, BIST:LINK is trading within a bullish price channel, with immediate support found at $7.8. Should prices consolidate around this level, it could set the stage for a further breakout toward the $15 target.
Key Drivers for Chainlink’s Potential Surge to $15
1. Institutional Adoption
The partnership with ANZ and the introduction of CCIP Private Transactions could attract more financial institutions to adopt Chainlink’s privacy solution. Increased institutional adoption is likely to drive demand for BIST:LINK tokens, as they are essential for executing cross-chain transactions and utilizing Chainlink's decentralized oracles.
2. Tokenized Real-World Assets (RWAs)
With the ability to securely tokenize RWAs and conduct private cross-chain transactions, Chainlink has positioned itself at the forefront of a rapidly growing sector. As more institutions seek to tokenize assets such as real estate, bonds, and commodities, the demand for Chainlink’s technology and its native token, BIST:LINK , is expected to rise.
3. Broader Ecosystem Growth
Chainlink's partnerships with major blockchain platforms such as ZKsync and Coinbase’s Base add more utility to $LINK. These collaborations enhance Chainlink's role in cross-chain token transfers, decentralized finance (DeFi), and other blockchain applications, further cementing its dominance in the decentralized oracle space.
4. Bullish Market Sentiment
The overall bullish sentiment in the crypto market, coupled with BIST:LINK 's breakout from a falling wedge pattern, could drive prices higher in the short term. The combination of technical and fundamental factors makes $15 a realistic target for BIST:LINK in the short term.
Conclusion
Chainlink's ( BIST:LINK ) recent price surge following its collaboration with ANZ Bank for private transactions of tokenized RWAs marks a significant milestone for the project. With CCIP Private Transactions, Chainlink ( BIST:LINK ) addresses a key challenge in institutional blockchain adoption—privacy. As institutional use of blockchain technology grows, so too will the demand for Chainlink’s decentralized oracles and its native token.
Phemex Analysis #30: APECoin Surge 138% in just 3 Days?!The crypto world was abuzz with excitement as APECoin, the NFT token associated with the iconic Bored Ape Yacht Club and Mutant Ape Yacht Club, took center stage. The recent launch of APEChain, its dedicated blockchain network, coupled with the integration of Layer Zero, a powerful interoperability protocol, ignited a frenzy among investors and traders alike.
The news sent shockwaves through the crypto community, propelling APE's price from a modest $0.736 to a staggering $1.757 in just three days – a mind-boggling 138% increase. This dramatic surge was a testament to the growing confidence in the APECoin ecosystem and the potential of its blockchain technology.
Possible Scenarios
As the dust settled, investors were left pondering the next chapter in APE's story. Could the price continue its upward trajectory, breaching the $1.81 resistance level and challenging the psychological barrier of $2.0? Or would the recent surge prove to be a temporary high, followed by a much-needed correction or consolidation phase?
1. The Bullish Case
The potential for a continued uptrend was fueled by the positive sentiment surrounding the APEChain launch and the integration of Layer Zero. These developments positioned APE as a versatile token with multiple use cases, including governance for the ApeCoin DAO and transaction fees across various blockchains.
2. The Bearish Case
However, the crypto market is notoriously volatile, and a strong resistance level at $2.0 could pose a significant challenge. If APE fails to break through this barrier, it could lead to a price correction, potentially retracing to $1.36 or even lower. Such a scenario would require careful consideration and risk management.
3. The Neutral Outlook
A more likely scenario might involve a period of consolidation around the $1.36 to $1.70 range. This would allow investors to digest the recent gains and for the market to reassess the longer-term outlook for APE. Patience would be key during this phase, as a breakout above the resistance level could signal a resumption of the uptrend.
Conclusion
APECoin's meteoric rise is a testament to the growing appeal of the project and the potential of its blockchain technology. While the future remains uncertain, the recent developments have created a strong foundation for continued growth. Investors must approach the market with caution, carefully weigh the potential risks and rewards, and be prepared for both upside and downside scenarios.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Golden Cross is forming on Bitcoin Weekly Charta Golden Cross is forming on the Bitcoin MACD Weekly Chart.
We saw what that did to the price of Bitcoin before as pointed in the chart.
Bitcoin is near the all time high price now and could make new highs any time soon.
Very bullish months to come for Bitcoin & the Crypto market!!
Finally Altcoins Are Ready For Massive Bullish Rally Finally Long Awaited Consolidation Has Broken Its Massive
Descending Broadening Has Already Confirmed Seems Like Crypto Market Will Continue Recovery In Coming Weeks Expecting Strong Bullish Rally In Good Reliable Solid Projects To Give At Least 2 3 x Bullish Rally In coming Weeks
LRC Long -> 1.36$Long Position on LRC/USDT
We have entered a long position at the current price of 0.1348 USDT. Based on our chart analysis, we expect the price to soon reach the marked levels.
At each target, we suggest taking partial profits to secure gains and reduce risk.
Targets:
0.50 USDT – First target, take partial profits here.
0.80 USDT – Second target, take more profits.
1.40 USDT – Final target, exit the remaining position.
A stop-loss should be placed below the recent low to manage risk effectively.
WAT strong Altcoin broke out of very strong patternMEXC:WATUSDT.P
MEXC:WATUSDT
GATEIO:WATUSDT
MEXC:WATUSDT.P
WAT, still on the thin side - but shows alot of strength.
It just broke out on the 0.0005 level, giving it potential upside over the next few days.
After DEEP, WAT is one of the strongest Alts in the market right now, besides APE, too.
WAT, DEEP and APE should be watch for continuation patterns on volume.
That is for long term entries or momentum Traders.
IF Bitcoin breaks out, we could see more spurts in these.
Let us see where WAT is headed.
And from here WE PUMP!Total3, which tracks the market cap of all altcoins excluding BTC and ETH, is flashing strong signals that it's gearing up for another leg up within the next 1-3 days. Currently, the altcoin market cap is sitting at $625 billion, but projections indicate we could see it rise to $680 billion, adding an estimated $50-70 billion of fresh capital into the altcoin space.
This influx of capital could be a catalyst for significant price action across the board. Historically, when Total3 breaks to the upside, we see explosive moves in many altcoins. Smaller market cap coins could potentially surge 2-5x as liquidity flows into them, with traders seeking high-risk, high-reward opportunities. Meanwhile, larger altcoins and top-tier projects are likely to continue their upward trajectory, hitting key targets and executing their projected moves with ease.
For traders and investors, this upcoming wave could present a unique opportunity to ride the next big altcoin cycle. The altcoin market is poised for a boost, and understanding how to navigate this surge could be key to maximizing gains. Keep a close eye on price movements and be ready to act quickly as the market could move rapidly once the breakout occurs. This is a moment that could define the next phase of the bull cycle, with the potential for life-changing returns if timed correctly.
Be sure to manage your risk, follow your strategy, and stay updated as we approach this crucial moment in the altcoin market!