Altcoins
BTC - 15m Short Scalp opportunityAs BINANCE:BTCUSDT approached the $100K resistance zone, bullish momentum faded, leading to a breakdown below the ascending channel support trendline.
Currently, BTC is forming a bearish flag, with favorable liquidity under the minor support zone. This suggests a potential drop toward the GETTEX:97K zone, aligning with the next key support area.
1inch Network (1INCH)Comprehensive Analysis of 1INCH/USDT 🪙
Introduction
1INCH is the native token of the 1inch Network, a DEX aggregator designed to optimize trades in the DeFi space. This platform enables users to access the best rates across various decentralized exchanges. The 1INCH token serves multiple purposes, such as reducing transaction fees, offering discounts, and acting as a governance token.
🔍 Technical Analysis Breakdown
1. Long-Term Descending Channel
1INCH has broken out of its long-term descending channel and is currently retesting the channel boundary. This pullback is a positive sign for a potential bullish continuation, but further confirmation is needed.
2. Daily Support Zone (Red)
The $0.3377 - $0.3757 range is identified as a key daily support level.
If the price stabilizes within this zone and starts to rise, it could confirm the pullback and signal the beginning of an upward move toward higher resistance levels.
3. Weekly Resistance Zone (Green)
The $0.6276 - $0.7049 range represents a significant resistance in the weekly timeframe.
A breakout above this zone, accompanied by increased trading volume, could lead to a rally toward the blue target zone ($1.1819 - $1.450).
4. Support in Case of a Drop
If the red support zone fails to hold:
The price might re-enter the descending channel and move toward the weekly support zone ($0.2101 - $0.2338), marked in gray.
📌 Suggested Entry Points
1. Breakout-Based Entry:
Condition: Price breaks above the green resistance zone with increased trading volume and stabilizes above this range.
2. Pullback-Based Entry:
Red Zone ($0.3377 - $0.3757): Enter with a stop-loss below the red support zone.
Gray Zone ($0.2101 - $0.2338): Enter with a stop-loss below the gray support zone.
Note: The gray zone offers a higher risk-to-reward ratio but comes with greater risk.
📈 Entry Triggers and Confirmation Signals
RSI Support:
Price holding above the midline on higher timeframe RSI charts can confirm the start of an uptrend.
Increased Trading Volume:
Breakouts of key zones must be validated by significant volume increases.
Low-volume breakouts could indicate false signals (fakeouts).
⚠️ Key Risk Management Tips
Volume Monitoring:
Ensure volume spikes during breakouts to avoid falling for fakeouts.
Capital Management:
Given the sensitivity of this analysis, strictly adhere to proper capital management strategies and set stop-loss orders at the identified levels.
Patience and Confirmation:
Avoid impulsive entries. Wait for clear confirmation signals before committing to a trade.
✨ Final Conclusion
1INCH is at a critical juncture from a technical perspective:
The breakout from the descending channel and the pullback to the support zone indicate a positive setup for a bullish continuation.
Close monitoring of price behavior in the key zones (red and green) is essential, with confirmations such as rising trading volume and RSI support being mandatory for entry.
A successful breakout of the weekly resistance (green) could lead to targets in the blue zone ($1.1819 - $1.450).
However, if the red support zone fails to hold, a decline toward the gray support zone becomes a strong possibility.
ALTSEASON There is nothing more bullish than Altcoins right now.Simple charting is always the best.
The BTC Dominance just got rejected and once it crosses under the 1week MA50, it will confirm the start of the new altseason.
This is a pattern that we see every 4 years. The previous rejection and altseason took place in January 2021 and the one before in January 2017.
On top of that, the 1W RSI is getting rejected on its 10 year Resistance trendline.
This is the last call to invest in altcoins.
Follow us, like the idea and leave a comment below!!
Technical Analysis of Synthetix Network Token (SNX/USD): Key LevThis analysis examines the price movement of Synthetix Network Token (SNX) on the weekly timeframe. The structure of the waves and key trendlines have been identified to help traders determine entry and exit points.
Key Highlights of the Analysis:
Strong Support Zone ($1.75–$1.429):
The price has recently reacted to a critical support zone between $1.75–$1.429, showing a strong rebound.
This zone is significant due to the completion of the fifth wave and its alignment with historical support levels, making it a crucial entry point for buyers.
Descending Trendline:
The price remains under the influence of a long-term descending trendline that has capped further upside movement.
Breaking above this trendline and holding above $2.5 could signal the beginning of a new bullish trend.
Key Resistance Level ($5.884):
The major resistance lies at $5.884, aligning with the peak of previous waves.
Reaching this level could serve as a medium-term target for buyers if the price successfully breaks the descending trendline.
Stochastic Oscillator:
The stochastic oscillator is moving toward the overbought region, suggesting a potential short-term correction.
However, further upward movement is possible, especially if the price consolidates above $2.5.
Potential Scenarios:
Bullish Scenario:
Breaking the descending trendline and surpassing the $2.5 resistance could push the price toward $5.884. This scenario is ideal for medium- to long-term traders.
Bearish Scenario:
If the price declines and retests the support zone at $1.75–$1.429, this area could provide another buying opportunity.
Breaking below this support zone could lead to further declines.
Conclusion:
With the technical structure and key levels outlined, Synthetix Network Token is at a critical juncture. Traders should closely monitor the price’s reaction to the descending trendline and the support zone.
Altcoin Season 2025The 2025 alt season promises to be one of the most significant events in the history of the cryptocurrency market.
This is because I expect the end of this cycle at the end of this year. Euphoria is needed at the End of the Cycle.
Investors should carefully analyze project fundamentals, avoid excessive risk during the euphoria stage and consider long-term trends. The key to success will be portfolio diversification and timely profit-taking. A careful study of the phases of the alt-season and trends will help to maximize its opportunities.
This is what I will talk about in this post.
Phases of the alt season
An analysis of past alt-seasons shows that they consist of several key phases:
1. Accumulation: This phase begins after a prolonged bear market when prices stabilize at low levels. Investors and funds gradually accumulate promising altcoins, focusing on projects with strong fundamentals. Volatility at this stage is minimal, and trading volumes are low, which creates ideal conditions for forming a base before future growth.
2. Initial momentum: In this phase, the altcoin market shows signs of revitalization. The catalyst can be positive news, a technological breakthrough, or a macroeconomic factor such as the rise of Bitcoin. Trading volumes increased, and the first altcoins began to outperform bitcoin in growth. These are usually large projects such as Ethereum or Binance Coin.
3- Euphoria: The most dynamic and volatile phase. During this phase, mass attention shifts to altcoins. Trading volumes reach peak levels, and the prices of some tokens grow tenfold in a short period. Investors rush into high-risk projects, including new and little-known altcoins. Hype, such as DeFi, NFT, or metavolutions, have started to play an important role. However, this phase is accompanied by a high level of speculation, often leading to market overheating.
4. Culmination: In this phase, a slowdown occurs. The market becomes overheated,and many investors lock in profits, causing the first significant corrections. Low-capitalization altcoins begin to lose popularity,and liquidity is reallocated to more stable assets.
5. Correction: The final phase is when the market returns to realistic levels. Prices of most altcoins fall sharply and trading volumes decline. Investors who entered the late stages of euphoria recorded losses. However, real-value projects are identified at this stage, maintaining their positions and preparing for the next cycle.
Sectors and trends for the 2025 alt season
The 2025 alt-season is expected to be centered around the following sectors:
1. Decentralized Finance (DeFi): Projects related to financial services automation will continue to lead the way. Interest in protocols with unique yield and security mechanisms is expected to grow. Especially related to stablecoins
2 Real Asset Tokenization: The trend of linking cryptocurrencies to real assets such as real estate or precious metals will intensify. This trend will attract institutional investors. They are already in, but new players will come in to give the industry a boost
3. Artificial Intelligence and Blockchain: The integration of AI into blockchain will open new perspectives for automation, data analysis and improving user experience. Just like AI agents are doing now
5. Metaviews and GemiFi: The development of metaviews will continue to attract millions of users. Gaming will move to the next level, offering enhanced functionality such as smart contracts and game integration. But for a large number of players and a large number of transactions, a suitable blockchain is needed.
Conclusion
I didn't specifically talk about any projects because each project is unique with its own community, structure, etc.
With this post I wanted to give you an understanding to continue your analysis and determine what phase and niche your token is in.
If you want to shill your altcoin, do it in the comments.
Best regards EXCAVO
Phemex Analysis #52: How to Trade LINK like a ProIn the world of cryptocurrencies, every token has a story, and Chainlink ( PHEMEX:LINKUSDT.P ) is no exception. Since its launch in 2017, LINK has established itself as a leader in decentralized oracles, bridging the gap between blockchain technology and real-world data. But what truly captivates traders is LINK’s price journey—a rollercoaster ride filled with opportunities and challenges.
If you’ve been following our analysis, you might recall our deep dive into Cardano (ADA) last week. ADA had its own impressive run during the November 2024 bull market, but this week, we shift our focus to LINK. Like ADA, LINK also experienced a massive surge during the bull run, climbing from $10.245 on November 5th to an impressive $30.954 by December 13th—a staggering 302% rally that left investors euphoric. However, the tide turned, and LINK tumbled to $17.804, a 42% drop from its peak.
Now, with the price hovering in this range, the question on everyone’s mind is: What’s next for LINK? Is it time to buy the dip, or should traders prepare for more turbulence? Let’s explore three possible scenarios for LINK’s price movement and uncover some Pro Tips along the way.
Scenario 1: Continued Bearish Momentum
Picture this: The crypto market remains under pressure, weighed down by bearish sentiment. LINK struggles to reclaim higher levels and forms a lower high—failing to break above $24.79 in the coming days. Then, the unthinkable happens: LINK breaks below its crucial $17.5 support level with heavy selling volume. The price plunges further, testing key support zones at $16.1, $13, or even as low as $10.2.
For traders, this scenario might feel like walking through a storm, but opportunities often hide in chaos.
Pro Tips:
•If you’re daring and willing to take on higher risk, consider entering at $16.1 for potential upside—but be prepared for more downside.
•For those seeking balance between risk and reward, $13 might be your sweet spot.
•If you’re cautious and prefer minimizing risk, wait for $10.2—a level that offers a safer entry point but comes with the risk of missing out if the dip doesn’t go that deep.
•Want to play it smart? Use scaled orders to spread your entries between $16 and $13 (medium-high risk) or $13 and $10.2 (medium-low risk).
Scenario 2: A Period of Calm—Consolidation
After months of wild swings—first the November bull run and then January’s sharp drop—LINK might finally catch its breath. Imagine the price settling into a quiet rhythm, moving sideways with little fanfare. In this scenario, LINK forms a lower high (below $24.79) but drifts slowly toward the $17.5 support level with low trading volume.
For seasoned traders, this could be an opportunity to profit from the calm before the storm.
Pro Tips:
•Deploy grid trading bots to capitalize on small price fluctuations during this consolidation phase.
•If you expect prices to rebound from support levels, start long grid bots near $17.5.
•If you believe prices will struggle near resistance levels, start short grid bots near $24.79.
This period of consolidation may not be thrilling, but it offers a chance for traders to sharpen their skills and prepare for what’s next.
Scenario 3: The Bullish Breakout
Now imagine a scenario where LINK starts showing signs of life—a bullish breakout that reignites hope among traders. If this breakout happens in the next few days, it’s likely to be a quick pump-and-dump rally—a short-lived rise that fizzles out almost as quickly as it began. However, if the breakout occurs after a period of consolidation, it could signal something more meaningful: a sustained upward trend.
The key lies in timing and volume. A breakout above $24.79 with high trading volume would be the first signal that LINK is ready to climb higher. From there, traders can look toward resistance levels at $26 and $30.4 as potential profit-taking zones.
Pro Tips:
•If the breakout occurs after consolidation, it’s more likely to be sustained—watch for high volume as confirmation.
•Consider going long once LINK breaks above $24.79 and aim for profit targets around $26 and $30.4.
•Stay cautious if the breakout happens too quickly without consolidation—it could be a short-term pump with limited follow-through.
This scenario is all about patience and precision. Waiting for consolidation before entering can help traders avoid false breakouts and position themselves for a potentially rewarding move upward.
Conclusion
Trading LINK isn’t just about numbers; it’s about understanding its narrative within the broader market context—and learning from similar tokens like ADA can provide valuable insight into how markets behave under similar conditions.
Whether it’s navigating bearish waters like Scenario 1, profiting during periods of calm consolidation like Scenario 2, or riding bullish waves like Scenario 3—each scenario offers unique opportunities for those who are prepared.
As you chart your course with LINK (and keep an eye on ADA), remember that every trade tells a story—and yours can be one of success if you stay disciplined, manage your risks wisely, and adapt to changing market conditions. So gear up and trade LINK like a pro—because every great trader knows that fortune favors the bold but rewards the prepared!
Final Tips:
Take your trading to the next level with Coin-M perpetual contracts, where you can use your ADA or LINK as collateral to trade and accumulate more tokens along the way. Phemex will list Coin-M perpetual contracts for ADA, LINK, AVAX, and SUI on January 16th. Don’t miss it—check it out!
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.
The Future of Cryptocurrencies: Navigating Beyond BitcoinI've been diving deep into the crypto world, and it's clear that Bitcoin and Ethereum aren't the only players anymore. As we're pushing through 2025, the crypto landscape is buzzing with altcoins, DeFi projects, and wild blockchain innovations. Here's how I've learned to navigate this exciting, yet sometimes wild, space:
Beyond Bitcoin and Ethereum
I used to think Bitcoin and Ethereum were the be-all and end-all of crypto, but man, was I wrong. Now, I'm exploring altcoins because:
-Diversification: I spread my crypto eggs across multiple baskets to catch the next big wave while keeping my portfolio balanced.
-Innovation: Altcoins are where the coolest new tech is happening. From privacy features to new ways of reaching consensus, it's like a tech playground out there.
Current Trends in Altcoins
-DeFi Developments: I've fallen down the rabbit hole of DeFi. Platforms like Aave or Compound? They're letting me lend, borrow, or farm yields directly on the blockchain. It's like the Wild West of finance, but I'm loving the autonomy and potential returns.
-Layer 2 Solutions: Ethereum's scaling problems got me looking at projects like Polygon (MATIC) and Solana (SOL). These are speeding up transactions and cutting costs, making blockchain tech more usable for everyday stuff, from gaming to buying digital art.
My Investment and Trading Strategies
Researching Altcoins:
-Technology: I geek out on the tech. Does it solve a real problem?
-Team: I check if the team behind it seems legit or if they're just in it for the quick buck.
-Community: A lively community is a good sign. It's like having a cheerleading section for your investment.
-Real-world Use: I'm all about coins that have a practical use. It gives me confidence in their longevity.
Portfolio Allocation: Here's how I juggle my crypto stash:
50-60% in Bitcoin and Ethereum for stability.
20-30% in well-established altcoins with solid fundamentals.
10-20% for the moonshots – those high-risk, high-reward projects that keep the thrill alive.
Managing Risks in Crypto Trading
- Volatility : Crypto can be a rollercoaster. I use dollar-cost averaging to smooth out the wild rides and set stop losses because, let's be real, I've learned the hard way that the market can tank when you least expect it.
-Security: I'm super paranoid about security. I keep my significant holdings in hardware wallets and do my homework on every ICO – because scam coins are real, folks.
Case Studies
- Success Story: I've been watching Cardano (ADA), which has been on fire with its focus on security and real-world applications, especially in Africa. It's been a good reminder that tech with purpose can go places.
-Cautionary Tale: The Terra (LUNA) crash was a wake-up call. It showed me how quickly things can go south in the crypto world, especially with stablecoins.
Technological Innovations
- NFTs: I've seen NFTs go from digital art to owning pieces of virtual land. They've changed my view on what digital ownership can be.
-Cross-Chain Solutions: Projects like Polkadot and Cosmos are fascinating because they're trying to make all these different blockchains talk to each other. It's like building a universal translator for crypto.
Looking Ahead
-Regulatory Landscape: I keep an eye on regulations because they could either make or break some altcoins I'm interested in.
-Integration with Traditional Finance: I'm seeing more and more traditional finance players dipping their toes into crypto. It's exciting to watch.
Next Big Use Case: I'm always on the lookout for the next big thing, like Web3, which could totally shift how we interact online.
If you want to know more, send me a DM or head over to my profile. If you liked this post, please don't forget to boost, share, and comment below.
Kris/Mindbloome Exchange
Trade What You See
HYPE LONGThe HYPEUSDT pair is currently in a corrective phase after a strong upward move. The price has recently broken a significant level and is now testing the liquidity zone marked by a range of support (highlighted by the gray box). A potential reversal may occur as the price has started to form an MSB (Market Structure Break) and is showing early signs of bullish momentum.
Trade Entry:
Entry Level: Around $21.80, with price showing initial bullish signs.
Stop Loss: A stop is placed below the market structure break (MSB) at $18.52 to protect the position from further downside risk.
Targets:
Conservative Target: The first target is set around $26.18 (highlighted in blue), which aligns with the upper trendline and potential resistance levels.
Aggressive Target: A more extended target can be considered above the $35.74 mark depending on further price action.
Trade Rationale:
Trend: The market has been in a downtrend recently but is showing early signs of reversal.
Price Action: The price is testing a significant support zone, with bullish confirmation from the MSB.
Liquidity: The trendline liquidity levels provide an excellent potential for further price push toward the conservative target.
OTHERS is having a trend reversal.The crypto total market, excluding the top 10 cryptocurrencies, has been consolidating since the end of November 2024. Now, it seems this consolidation phase is over on the daily timeframe.
The bearish divergence has played out, and CRYPTOCAP:OTHERS is breaking out of its downtrend.
A potential surge of +70% is on the horizon, with resistance and support levels indicated by the green lines.
Based on this analysis, I expect the altseason to start soon.
DYOR!
$BTC.D: this is how they are cancelling any attempt at altseaonsSomeone is canceling the altseasons.
Every time the altcoin market starts to gain momentum, a sudden CRYPTOCAP:BTC correction halts its progress.
Altcoins are inherently riskier assets, and when fear enters the market, investors sell alts first.
Now that ETF providers hold significant amounts of CRYPTOCAP:BTC and CRYPTOCAP:ETH , they appear to be manipulating the market to maximize their Bitcoin profits. By triggering strategic crashes in CRYPTOCAP:BTC and CRYPTOCAP:ETH , they effectively prevent an altseason from taking off. Each crash leads to massive corrections in altcoins.
Today’s events are a smoking gun. The correlation with CRYPTOCAP:BTC allows ETF providers to instill fear and drive altcoin holders to sell, favoring Bitcoin.
Yesterday, all altcoins looked poised for a breakout. The MACD signaled a daily crossover, indicating sustained growth for the next two months. I even posted that CRYPTOCAP:ETH was likely to hit $3800 within a week—*unless* CRYPTOCAP:BTC crashed.
Guess what happened? CRYPTOCAP:ETH dropped 10% today—entirely due to manipulation.
There’s absolutely no reason for CRYPTOCAP:ETH to decline, except for psychological manipulation tied to its correlation with $BTC.
If altcoin holders don’t realize they’re being played by Bitcoin’s puppet masters, altcoins will continue to lose their appeal.
Investors hate losing money, right? ETF providers aim to redirect the crypto market’s wealth into their “new baby”—Bitcoin.
The result?
- BTC.D’s drop was reversed, driven by fear, as more altcoin investors panic-sell.
- USD.D increased as liquidated investors exited the market.
Where will that money go? Some will inevitably flow back into CRYPTOCAP:BTC because:
- Bitcoin has limited downside.
- Bitcoin is strong.
- Bitcoin is proven technology.
- Bitcoin isn’t a scam.
- Bitcoin is the most recognized and trusted crypto asset.
This marketing strategy is working. It’s been more than four years since we’ve seen a proper altseason.
Bulls or Bears? Who’s going to be Top Doge!The market remains in a critical state, with key levels in play that will determine the next major move. The price has failed to break the .41 level, confirming the development of a 3-wave move up. This signals that the market may be entering a period of consolidation or correction, rather than continuing its upward trajectory.
Currently, the price has broken below key support and is facing rejection at this level. This rejection suggests that bearish momentum could be taking hold, with the potential for an impulse move down in the near future.
For bulls, the immediate focus is on reclaiming the .35 level. If the price fails to regain this level, the next potential target could be .28. Traders should remain vigilant as the market tests these crucial levels.
Key Levels to Watch
.35 Level
For bullish traders, reclaiming .35 is critical. If the price breaks back above this level, it would signal potential strength and might open the door for further gains. A failure to reclaim this level, however, could signal the start of a deeper pullback.
.28 Level
Should the bulls fail to reclaim .35, the .28 level becomes the next major point of interest with a potential of going deeper. This level could act as strong support, but a break below it may lead to further downside potential.
Potential for Impulse Down
At the moment, the market shows signs of a possible impulse move down, especially if the bulls cannot regain control above .35. If the price continues to reject at key levels, the market may quickly shift toward bearish pressure, with .28 coming into play as the next potential target.
Altcoin Majors Performance Against BTC During SelloffAltcoin majors performance vs BTC during the ongoing selloff. This is highly informative in deciding what to retain and what to swap for stronger performers.
ETHBTC is our baseline for alt performance at around -0.9%. Trade out of anything that underperforms it by more than a few points.
Despite what the timeline thinks, a lot of the market still underperforms ETH.
List of major underperformers:
~APT
~AVAX
~BONK
~FET
~ICP
~IMX
~JUP
~LINK
~NEAR
~PEPE
~RAY
~RENDER
~TRX
~WIF
ETC LONGAnalysis:
We are currently observing an accumulation phase in the market as the price tests a significant support level. This area is crucial for determining if the market will rebound or break further down.
The monthly open is highlighted, showing that price action has been trading below this level.
A potential breakout to the upside is expected, with the conservative target set around $32. This aligns with previous resistance zones, where price has struggled to break above.
If the price breaks above the $32 mark, the next potential target would be near the PMH (Previous Monthly High) at around $40.
Trade Plan:
Buy at current price levels near $24.34 with a stop loss just below the support (around $21).
Target 1: $32 (Conservative Target)
Target 2: $40 (PMH)
Risk Management:
Keep stop-loss orders below the accumulation zone to limit risk in case of a breakdown.
Note:
This setup is based on technical analysis and assumes that the market continues to show signs of a bullish reversal. Keep track of broader market trends and adjust accordingly.
ETH Under 3k: Gift or Curse? The Last Chance to Buy? Didn’t expect to see BINANCE:ETHUSDT back under 3k.
I’m taking some bids here and will place more below 2850 in case there’s a stronger flush this week.
There’s still a chance we see low 80ks on BTC, as I’ve been expecting, especially with the downtrend active on the 3-day chart.
I still believe this is an opportunity to build position plays, as mid to late Q1 could bring a move.
I’m accumulating patiently and expecting CRYPTOCAP:ETH to be above 6k by Q2.
Cronos: Dive!Cronos has dived into our beige Target Zone between $0.1322 and $0.0884 and should soon reach the projected low of the green wave . In our Zone, the coin should succeed in a bullish reversal, and the following impulsive wave should propel the price significantly above the resistance at $0.23. As CRO has fulfilled the minimum requirements for the wave correction by entering our Zone, it might even head above the $0.23 mark immediately.
We are due a 2017 style ALT season.One for the memory banks!
Now
do we actually get what we are "owed" ?? :)
We don't know
and nothing is owed to us of couurse
But
Selling too soon could be quite disastrous... as many peopleI speak to say to me 5X - 10X I am out..
Which may be prudent
If you are out. Stay out and don't FOMO back in again near the tops
So it's best to scale out in my opinion
last cycle was a quite difficult Alt season ... some bag holders actually did not get to experience any euphoria
Hence why I am leaning to an exsplosive alt season
BTC at $70k doesn't feel euphoric
so what will it take?
Zircuit (ZRC) Surged 41% After Bithumb ListingZircuit ($ZRC) has recently become the focal point of the crypto market, surging 41% following its listing on Bithumb, one of South Korea’s leading cryptocurrency exchanges. However, the token’s sharp correction shortly afterward raises questions.
Bithumb Listing Announcement
On January 13, Bithumb announced the listing of Zircuit ($ZRC) on its KRW trading market. The listing enables deposits and withdrawals within two hours of the announcement, with trading commencing at 4:00 PM. The initial price was set at 98.79 won, driving significant market interest.
The listing underscores Bithumb’s confidence in Zircuit’s ecosystem. Backed by Binance Labs, Zircuit offers advanced features like AI-enabled sequencer-level security and robust on-chain performance. These factors have contributed to its rapid rise as a Layer 2 network, with a total value locked (TVL) of $2 billion.
Airdrop Event Sparks Engagement
To celebrate the listing, Bithumb launched a promotional airdrop event, offering 7,500,000 ZRC tokens to participants who trade the token for two consecutive days. The rewards, distributed on February 4, are expected to bolster user engagement and adoption.
Technical Analysis
ZRC’s price surged to $0.0763 following the announcement but has since corrected to $0.068. This correction follows a significant uptick, with a 24-hour trading range between $0.06595 and $0.08067. The market cap currently stands at $113 million, with a trading volume increase of 51%, reaching $44 million.
Symmetrical Triangle Formation
The price movement is consolidating within a symmetrical triangle pattern. This formation suggests indecision in the market, with equal pressure from buyers and sellers. A breakdown below the pivot point of this triangle could lead to further bearish momentum, potentially challenging support levels. Conversely, a breakout above the trendline could reignite bullish sentiment and propel ZRC toward higher levels.
Relative Strength Index (RSI)
The RSI stands at a weak 48, indicating neutral momentum with a bearish inclination. This signals that $ZRC lacks the strong buying pressure needed to sustain its recent gains. A move above 50 could indicate renewed bullish momentum, while a drop below 40 may suggest further declines.
Support and Resistance Levels
- Immediate Support: $0.06595
- Key Resistance: $0.08067
A breach of either level could determine ZRC’s next major price movement. Traders should closely monitor these levels to gauge market sentiment.
Conclusion
The Bithumb listing has undeniably brought Zircuit into the spotlight, with its advanced features and Binance Labs backing driving investor interest. However, the sharp correction highlights the importance of technical stability.
The symmetrical triangle formation and weak RSI underscore the need for caution. A decisive breakout or breakdown from the current consolidation pattern will likely set the tone for ZRC’s near-term trajectory. For now, traders and investors should remain vigilant, as the token’s next moves could significantly impact its market standing.
$ALI Targets based on Enigmatic Fib Spiralswww.tradingview.com
This is not investment advice but only a learning exercise!
THE FIB SPIRAL
Fibonacci sequence tools are intriguing and, while not designed for sheer accuracy, these tools when based on prior data (patterns) provide Fibonacci Ratios in a circular arc that connects opposite ends of the Fib tiling. In this analysis, which I have conducted in other charts with great success, I use the Fib spiral to measure the radius of the preceding local high in its downtrend toward a local bottom.
As the Fib spiral grows proportionately to fib ratios, I set the first radius as the distance between two major extreme points on the trading chart. This, as well for other Fib ratios, is the main principle and the basis of correctly using the Fib spiral.
It is very integral to choose this first radius properly and, if we are successful in choosing this distance accurately, the intersections of the price and Fibonacci spiral marks important price and time targets in the future.
The Fib spiral is sort of a forecast tool for time and price targets. It is important to note that I discovered that each intersection point on the Fib spiral indicates an optimal combination ratio between price and time and all the corrections and changes in the direction of a trend occur at all those points where the price and time touch the growing Fibonacci spiral.
The fib spiral works, amazingly enough, on the basic premise of selecting the extreme point on a market chart - in this case it is the prior local high with a downward angle consistent with the angle of that prior top-to-bottom downtrend ending the spiral at the local bottom, its first bottom not a future lower low that is part of a separate cycle. In this case, the "width is increased by multiplying the width by a ratio for each quarter turn". The starting point is key and should be a significant point among all data points.
It is shown here along with a Fib Circle and a Simple Forecast Fork to show the relevancy of the indicator. Most traders use the prior high as a significant data point and mark the angle to estimate where the next top might be. This is what is shown using the forecast tool as a comparison. Both targets have an eerily similarity, coinciding with the third ring of the Fib Circle, a common destination for even a relatively decent performing asset.
Most reference material will describe and define the Fib spiral tool in its ability to "emphasize certain points on the spiral are strong indicators of crucial market events such as levels of support and resistance". (Reference: patternswizard.com)
The referenced source noted above further states that "advocates of the advantages of the Fib spiral iterate that it identifies critical price and time targets rather than simply relying on simple price levels". When measured in conjunction with simple price levels, we have a validated methodology for estimating with relative accuracy where the most significant data points will occur or manifest.
Lastly, I will note, as the prior source also indicates, "the exact method of the calculation of the Fib spiral has been a secret". If it ends up coming to pass I will take responsibility for this post at the top of the bull market. Until then, best of luck! This is not investment advice but only a learning exercise!
The Perfect Setup Massive Volume, Incredible Opportunity!ERNUSDT: The Perfect Setup Massive Volume, Incredible Opportunity! 💥
Folks, this is one of those setups you don’t want to ignore. We’re talking about 1,342% daily volume spike . Yes, you read that right—over 1,300%! When you see volume like this, something big is brewing. Smart money is watching, and so should you.
Here’s why this setup is so exciting:
Blue Box Buy Zone: This is the zone I’ve been waiting for. It’s where smart traders enter, and the weak hands get left behind.
CDV Looks Strong: Buyers are stepping in, even if it doesn’t look obvious yet. That’s where the edge lies—knowing before the crowd does.
Lower Timeframe Confirmation: I’ll be watching for bullish structure breaks on the 1H chart. Combine that with volume profile and CDV trends, and we’ve got ourselves a game plan.
Remember, great trades don’t wait for you—they demand action. This is your chance to step in where the big players play. Let’s make this happen! 💪 Boost, comment, follow—and don’t miss out! 🚀
Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves.
Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions.
Here are some of my recent analyses. Each one highlights key opportunities:
🚀 RENDERUSDT: Strategic Support Zones at the Blue Boxes +%45 Reaction
🎯 PUNDIXUSDT: Huge Opportunity | 250% Volume Spike - %60 Reaction Sniper Entry
🌐 CryptoMarkets TOTAL2: Support Zone
🚀 GMTUSDT: %35 FAST REJECTION FROM THE RED BOX
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!