DEEP Altcoin on the rise - more gains ahead?At this time, DEEP, a SUI supporting coin is one of the strongest Altcoins in the market.
With BTC at key breakout level, DEEP/USDT could lead to further gains and continue it's trend higher, if it will not break lower. Given the momentum in DEEP, I think we can see 0.1 by the end of the week and further gains in a longer time period.
Always enter at your own risk and remember that investing and trading is risky.
DEEP remains strong.
Altcoinstowatch
DEEP/USDT strongest Altcoin - more gains to come?At this time, DEEP, a SUI supporting coin is one of the strongest Altcoins in the market.
With BTC at key breakout level, DEEP/USDT could lead to further gains and continue it's trend higher, if it will not break lower. Given the momentum in DEEP, I think we can see 0.1 by the end of the week and further gains in a longer time period.
Always enter at your own risk and remember that investing and trading is risky.
DEEP remains strong. Because they buying - I am buying.
After all, deep pockets buy deeeeeeeep.
DOGE - Dictated by Market SentimentNormal price setup is approaching a key level.
The yearly level needs to hold, or things could quickly turn bearish. I remain cautiously optimistic because this level presents a pivotal opportunity and is the lowest-risk entry available.
I'm not entering the trade right now as I’m risk-averse at the moment. It could be an optimal play, but #Bitcoin is still weaker than I’d like it to be.
This chart represents about 90% of what the Altcoin market looks like. If you’re overexposed, be prepared to act quickly or have hedges in place in case the situation flips.
Let's wait for the weekly close before making any moves on this and the rest of the Altcoins.
Hooking the BigTime: Reeling in Profits Before the Tide Turns!💡 Overview :
This trade setup focuses on accumulation and distribution zones of BITGET:BIGTIMEUSDT.P identified through technical analysis, inflow/outflow metrics, open interest, and funding rates. Based on the data provided, we're targeting a strategic entry point during accumulation, a clear stop-loss level, and a take-profit level based on historical resistance. Let’s dive into the why , what , when , how , and where of this trade.
🐝 Why This Trade?
Accumulation Phase 🟢:
The accumulation zone between $0.10 and $0.12 is based on increased inflows (green bars) combined with strong support levels where buying pressure was historically dominant.
Long/Short Sentiment 📊:
A favorable long-short ratio around these levels signals traders expecting upward momentum, supporting the accumulation narrative.
Price Bounce Potential 🚀:
The charts indicate significant price rebounds after reaching this zone, supported by previous spikes in Open Interest and inflows, signaling that buyers are active here.
🐝 What’s the Plan?
We aim to enter the market within the accumulation zone between $0.10 and $0.12 and exit at a key distribution level of $0.15 for a calculated risk/reward trade.
🐝 When?
Entry Point 📈:
Enter the trade when the price touches or consolidates between $0.10 and $0.12 , confirming that accumulation is happening (evident by inflows outweighing outflows).
Exit Point 💰:
Exit when the price hits $0.15 , which aligns with a previous resistance level where heavy distribution and outflows were seen, suggesting a potential reversal.
🐝 How?
Risk Management Strategy 🔒:
Stop-Loss :
Place your stop-loss just below $0.10 to protect against downside risk in case the market fails to hold the accumulation zone.
Take Profit :
Set your take-profit level at $0.15 , which is the projected distribution zone , as prices have historically struggled to break past this level without major outflows.
🐝 Where are the Key Levels?
Accumulation Zone 🟢:
$0.10 - $0.12
Look for inflows > outflows and rising open interest to confirm accumulation.
Take Profit Level 🏆:
$0.15
Previous resistance and outflow spikes suggest this is a key distribution zone.
Stop-Loss 🛑:
Below $0.10
To protect against losses, use a tight stop-loss just below this level where strong support is expected.
🐝 Trade Summary 📝:
Entry : $0.10 - $0.12 (Accumulation Zone)
Take Profit : $0.15 (Distribution Level)
Stop-Loss : Below $0.10
📊 Indicators to Watch :
Long/Short Ratio : Favorable for longs near accumulation.
Net Inflows/Outflows : Inflows must exceed outflows in the accumulation phase.
Open Interest : Look for peaks to signal strong market activity before a potential breakout.
🚨 Final Thoughts :
This trade idea relies on well-established support at $0.10 - $0.12 and anticipates a rebound towards $0.15 , where distribution pressure might cause a reversal. Risk is managed with a stop-loss just below the accumulation zone, and profits are locked in at the $0.15 level.
Good luck! 🍀📈
RUNE: Poised for an Imminent SurgeI’m waiting for this setup as it still shows strength. CRYPTOCAP:RUNE
There are two demand zones at the bottom, with a breaker and an S/R flip in play.
I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction.
My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
VELO - The Last Coin Standing (Structure)I'm buying as close to the previous low as possible.
The structure of this one remains intact, and it has finally moved above the 50MA. Few assets have achieved this since the altcoin sell-off, and many are still struggling to even touch the MA. This one stands out with a superior market structure.
I don’t anticipate significant moves yet, as CRYPTOCAP:BTC is still having difficulty holding above key levels. I expect some sideways action for the next few weeks, with liquidity potentially picking up around mid to late September.
The pivotal area is the take profit level. However, if it surpasses this level in the near future, it would signal a clear buy.
For now, let’s brace for some choppy conditions as we approach the final stages of this sideways movement
Omni price targetsOmni one of not so many coins which I follow for accumulation!
One of the main reasons for this, next unlock will be only in April 2025
Till that time we will not see any new coins in circulation BINANCE:OMNIUSDT
Possible Targets and explanation idea
➡️IAP model for Omni. Marked 2 zones for accumulation
➡️Tagets where more than ok withdraw initial deposit or fix % profit also marked
➡️Im more than sure we will see new ATH for Omni, matter of time 2024-2025
➡️Money power indicator, money inflow step by step at 17.75
➡️Would be good to see drop in first zone to buy and new money inflow
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
LINKUSDTLINKUSDT have done a perfect impulse to the upside in 1 2 3 4 5 Wave. After that it is correcting the entire impulse. For now it looks like it is going the collection in WXY. The 1:1 Extension and the .618 Golden pocket lines are perfectly. This chart looks extremely bullish. Let's see if we get a good reaction around the golden pocket. NFA.
VELOWe entered at .004c and have much higher targets. Elliot Wave analysis along with support and resistance levels shows major resistance around .04c and once that breaks VELO can run hard. Also used some chart drawings to create the triangle and measurement targets.
AUCTION - Altcoin Will Moon
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here.
There is a huge difference in accumulation between accumulation and distribution. Auction is in accumulation.
This is a moon structure. Be prepared to make large gains from this pattern.
Please watch the video for more information
Have a great evening.
TIA - Celestia Incoming Rejection - Buy Opportunity Inbound!I believe Celestia sweeping the ATH (all time highs) will result in a rejection from the famous expanded B pocket at 21.5 USD. This in the macro scale is very bullish type of pattern so the C wave would be seen as a good buying opportunity for the start of the 3rd macro wave, the most bullish wave of an impulse.
Lots of money to be made in that wave, and the C wave pullback is the last buying opportunity for it.
How do you plan on navigating this? Will you buy more on the pullback or do you not have any TIA? Let me know in the comments.
-NewWave Traders
ROSE respecting Demand Zone!!! Going Up!!!Rose was broke out from a bearish trend and now at the demand zone which is strongly respected so far. We could see our new highs at the supply zone which is between $0.14120 to $0.14596
Entry: 0.11354
Tp: 0.14120
Sl: 0.10555
NEAR LONG IDEA (continuation of the altcoin analysis series)Near has been showing strength in the last couple of days.
Here are two scenarios I see:
Rejection of 1,555, hold above 1,177 and continuation up(200MDA + 100MDA) Do not do anything below that price
Target : 2.835 - 6
Continuation of growth to 2,344, return to the maximum to 1,613 and continuation up
Target : 6
The trend change is also shown on OBV.
In order for this to happen, you need retail that is optimistic
ARC - Another leg up incomingARC is having a healthy correction after rising around 470% due to AI hype.
I will buy on confirmation of the breakout of the descending trendline for mid-term and I will do DCA if it goes down further.
The ROAD to DOGE Dogecoin - A monthly time analysis
- 35 month Decline / Consolidation Period
- Current D/C period ends in April 2024
- Whether the ATH from prior cycle is reached or not,
time will tell. That will require lower pennant exit.
- Upper pennant breach, get in.
My prior TOTAL 2 and TOTAL 3 analysis of the altcoin market suggested altcoin season would not start until between Dec 2023 and Mar 2024. We now have a chart for DOGE that suggests a good window for entry of a trend would be April 2024. You can really see why so many pundits are requesting you to hold back on Altcoin allocation until later in the cycle when probability is in your favor.
Nothing is guaranteed here. We are looking for more probable outcomes and time patterns can help us time the trade with less risk.
IMPORTANT TO REMEMBER THAT DOGE IS ONE OF THE FEW PROOF OF WORK CHAINS THATS BROKEN OFF FROM BTC WITH A LONG HISTORY OF PROOF OF WORK WITH LITECOIN AND A FEW OTHERS. DO NOT WRITE IT OFF. AS SILLLY AS IT IS, ITS SILLINESS SELLS AND ITS BACKED BY A PROOF OF WORK ALGO THATS STOOD THE TEST OF TIME AND RESULTED IN BTC BECOMING THEE GREATEST ASSET OF THE DECADE. PAY ATTENTION TO PROOF OF WORK COMMODITIES, THEY WILL NEVER BE SECURITIES.
PUKA
📈TOTAL3 is ready to rise above dynamic resistance📉CRYPTOCAP:TOTAL3
Hey everyone, first take a look at my previous analysis and positions.
As previously analyzed, alt-season is coming.
Don't forget to risk-free your position.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
ATOM looks like it's accumulating for another leg up to $17ATOM looks like it's accumulating for another leg up to approx. $17 to $20. Big Cosmos Ecosystem rewards updates on the horizon {Replicated Security} can possibly slingshot price to that region or even $30 in coming months.
Short-Term we can see 25%-40% gains if #BTC agrees. Even if the retest gets invalidated, I'll start DCA'ing a considerable amount as price approaches the Higher Low.
ApeCoin I gave the #bearish pov, now here's the #BULLISH #ApeCoin I gave the #bearish pov, now here's the #BULLISH if that's invalidated. HTF still reflects rejection @ breakout, but EMA20 & 50 showing SilverCross & acting as support. If #BTC #ETH #Crypto gain some momentum, #APE can get the push it needs for HH's & 30%-60% gains.
OPUSDT Targeted for 2.4259I can not stress enough how bullish I am with this coin. It's use cases with rendering a more efficient ETH is in good confluence with the ETH technical itself. However, the whole chart of this coin is by far the most technical analysis appropriate chart I've seen in the altcoin world.
The chart is self explanatory.
RLY upcoming Rally? HUOBI:RLYUSDT
Lets take a look on this low cap coin next trade
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️We got 2 first one and local term resistance zones.
➡️First zone we can meet at after test "Exit" line on Take Profit indicator
➡️We got perfect bounce at "Buy line" on same indicator and important note with Volume
➡️Strong signal to buy on "Direction" indicator
➡️On Local resistance zone ill start looking set up to open short for correction.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
This is the TIME to Put Money in the Crypto🔥🔥🔥🔥In recent weeks we are seeing good decline in dollar index, tht why global market is breathing.
if we analyze TOTAL Crypto Marketcap its really great opportunity to accumulate top cryptos.
if u invest some money now, then i would recommend u to book the profit at 2 trillion dollar marketcap.
CHR Chromia Price PredictionGrayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for CHR Chromia is $0.47.
Looking forward to read your opinion about it.
Next Cycle for DOT Would Take Us This High...Hit follow to stay updated and the Like button if you find this useful.
This one's real simple. Consolidate on previous 3rd wave top and blast off to 100$, If we fall back into the range then likely an A wave of an ABC in red and the previous 5 wave cycle is correcting itself.
I'm leaning bullish on this one. We have had upwards of 30+ dollars tagged for the first cycle in the discord since December. We've had this pegged since 3-5$ and has been a huge gainer thus far.
If you don't have some DOT then here's the next area I'd be looking to consolidate at to pick some up for the next cycle.
Thanks for following and liking. Stay tuned for updates.
