TRX Ready for Parabolic Bullish Cycle ⬆BINANCE:TRXUSDT
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
After finally breaking out of triangular consolidation, TRON has confirmed a reversal after the bearish market and is starting a new bullish cycle. From the left we analyze the trend lines to get targets for the next bullrun and on the right we take a quick look at technical indicator CryptoCheck START V3.5 to confirm the bullish bias.
INCASE YOU MISSED IT : 👉 Another altcoin recently formed a bullish pattern:
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ALTS
SOl stuck on the horizon? Elliott waveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Turned before taking out the pivot.
IF this is a ZZ down from 68.20
and it's not done, looking for some clarity markers for a sideways correction.
Got some pivots to break here first for confidence.
long OCEANMIL:OCEAN broke through the descending trendline. Bullish movement to resistance level at 0.50$ is expected to happen
PEPEUSDT - Macro Outlook BULLISH🐸Hi Traders, Investors and Speculators of Charts 📈📉
At opening, Pepe Coin surged in trading volume, outperforming Dogecoin and Shiba Inu!
PEPE seems to have finally bottomed out after the opening crazy. This concludes the completion of the first cycle for a newly released altcoin, the liquidity drain cycle.
From the chart we clearly see a short period of accumulation where the price trades sideways after bottoming out. This is where coins are accumulated to prepare for the next cycle or market phase, which is the upwards cycle. It's hard to say distinctively how high the price can go, but back up towards the opening price is always a reasonable target.
Pepe's trading volume reached an astounding $281.3 million during the opening periods. The meme-inspired altcoin boasts a market capitalization of $631 million, exhibiting significant growth over the past week. In comparison to the more popular meme cryptocurrencies, Pepe has surpassed expectations in terms of trading volume.
Notably, Dogecoin, with a 24-hour trading volume of $189.2 million and a market cap of $9.3 billion, trailed behind Pepe despite its larger user base and popularity. Similarly, Shiba Inu, another meme cryptocurrency, recorded a 24-hour trading volume of $100 million and a market cap of $4.6 billion, falling short in comparison to Pepe's performance.
This surge in Pepe Coin arrives amidst a week of overall gains in the cryptocurrency market. Bitcoin (BTC) and Ethereum (ETH) both increased over the past week. Bitcoin's 24-hour trading volume stands at $10.6 billion, while Ethereum's is at $7.2 billion. The rise of Pepe Coin highlights the enduring popularity and unpredictable nature of meme cryptocurrencies, which often experience rapid and substantial price movements. Pepe Coin itself has surged by an impressive 64% within the past week alone.
The trading volume has been hovering around the $200 million mark, demonstrating significant interest. Moreover, Pepe Coin has achieved a remarkable 65% increase over the last 14 days. While it is still 64% below its all-time high of $0.00000431 from early May, the recent gains suggest that Pepe Coin has solidified its position as a meme token and is poised for further rallies in the future. On-chain data reveals that whales (large-scale investors) are continuing to accumulate Pepe Coin, further supporting the possibility of an upcoming surge.
Analyzing Pepe Coin's chart, despite the slight dip in the past 24 hours, several positive indicators emerge. The relative strength index (RSI) has recently trended upwards after briefly falling below 50, suggesting a potential regain of momentum. Additionally, the 30-day moving average remains significantly above the 200-day average, indicating ongoing buying pressure and a favorable position for Pepe Coin. It is worth noting that the coin's support level has increased over the past week, minimizing the potential for further decline and setting the stage for a renewed upward trajectory.
While Pepe Coin's rise may not be rooted in fundamental reasons or utility, its enduring community and market interest bode well for future gains. Whale accumulation, as demonstrated by available data, contributes to the optimistic outlook. It should be noted, however, that whale predictions are not infallible. Nonetheless, with sustained whale buying, Pepe Coin stands a strong chance of experiencing further growth in the near future. From its current level of $0.00000153, it could potentially rise to $0.0000020 in the coming weeks, with even more substantial gains expected in the months ahead, potentially toward the end of the year.
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OKX:PEPEUSDT BINANCE:PEPEUSDT BITGET:PEPEUSDT KUCOIN:PEPEUSDT KUCOIN:PEPEUSDT MEXC:PEPEUSDT MEXC:PEPEUSDT.P COINEX:PEPEUSDT OKX:PEPEUSDT.P CRYPTO:PEPEUSD
TRX Looks BeautifulMartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
TRX looks beautiful and will continue to moon. This pattern is know as a pressure cooker and is very powerful.
This chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
MartyBoots
DYDX Can 10x - Be Prepared MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
DYDX is a beautiful chart that can moon 10x . Do not sleep on it .
This chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
LDO About To Mool Like MATIC MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
Ive been watching this pattern develop for many months and its now finally getting close to breakout . Be aware
This chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
This ALT Coin Is Moving Into Bull MarketMartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This chart helps show you why OGN is about to moon.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
MartyBoots
Will we get the holiday pump in crypto?Traders,
Historically, heading into a holiday weekend has been positive for stonks and crypto. Will this bullish pattern remain consistent? I am getting conflicting indicators. In this video, I will show you what I am looking at and we will browse through a few of the altcoins on my list. I will show you a few that I am attracted to and tell you when I plan to enter into some of these trades.
Stewdamus
AVAX Elliott wave counts.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
AVAX 1H update.
In at 22.624.
Got close to my stop but kept me in.
Want to see how the next 12hrs print to see where its at.
But this is what I am looking for.
A bit of Elliottwave and SMC in there.
Gave a 2nd Algo entry as well.
Altcoin
Sol sideways or new degree? Elliott WaveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#SOL update.
Short since 63.72.
Would not mind 51.12 break,
for clarity’s sake.
Elliottwave degree wise.
Going to wait for an impulsive reaction before long, pending.
Got the direction correct, that's all you need, then TP appropriately.
C/3 setup laid out in thread.
ALT Season Is Starting - Total Market Cap 2MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This video and chart helps show you ALT Season is about to start.
The ALT Market is in its bottoming phase, be prepared. ALT Season is coming. This is the time when its possible to make life changing money .
Do NOT miss out on this coming bull market
CryptoCheck Team
Retrace? or party RUIN'd Elliott Wave
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RUNE update.
Rejected from area identified.
Bounced, a bit, off the precise price level identified.
Is it going to hold, though?
Here's the #Elliottwave patterns I am watching and corresponding levels.
here-4.50 ideal.
Below 4.00 🤨
ALTSEASON about to break-out aggressively!TOTAL3 which measures the Crypto Total Market Cap excluding Bitcoin (BTCUSD) and Ethereum (ETHUSD), is essentially a metric of the altcoin market. It's movement in relation to previous Cycle is indicative of what we call an 'Altseason', when this market segment rises disproportionally to the rest.
The price tested the 1W MA100 (green trend-line) last week for the 1st time since May 2022 but failed to break it and closed the week below it. With the rejection also being on the (dashed) top of the Ascending Triangle (bottom formation pattern), it appears that the market is replicating the sequence of January 20 2020. Even the 1W ROC patterns are identical.
As a result, a candle closing above the top of the Ascending Triangle, will be a buy signal for us, targeting initially the 0.5 Fibonacci level at 570B (as it did in July 27 2020 and wouldn't have done earlier if it weren't for the COVID crash). Then the 0.618 Fib should be targeted, which should give the final +/- 1 month consolidation before new All Time Highs.
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Is ETH about to breakout? Is Crypto going to do a Microsoft?Eth has yet to breakout of base
Being the leading ecosystem it is somewhat surprising Eth has yet to breakout of the base formed tho it does offer a potential opportunity. If Eth can run then it has a few open bar candles on the weekly that would be ideal to close out.
The rotational opportunities if holding eth post eth breakout are great
If Eth breakouts of this base then many smaller coins (esp eth based) are likely to continuing moving up. So the opportunity to compound eth profits by rotating post breakout is grand. This opportunity is not as highly provided to those who just hold the smaller caps that are waiting for either a btc or eth breakout.
MSFT makes up 1/4 of the big4 tech companies that dominate S&P500
S&P500 and bitcoin are correlated so far. With MSFT leading the big4 tech companies and MSFT breaking ATH then it gives the impression there may be room for crypto to do similar things (should trend continue).
SOL Elliott Wave Continuation counts. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#SOL DOOM count! 👻
But first, some continuation patterns to keep an eye on.
Last time it just rocketed up,
Shorters beware.
There are some possible down counts shorter term.
$48 break and $40 would be in sights.
Mooner...😏...or Doomer?🤔
Doomer count elsewhere.
XRP Bull trap, ALTS PullbackHi Traders, Investors and Speculators of Charts📈📉
A bull trap is "false" signal that shows a bearish trend (such as the lower highs in XRP) has reversed and is now heading upwards, when in fact, it will continue to decline. Often a large wick towards the upside is observed, shaking out traders favoring the obvious move (shorting).
It's important to note that for the first time, the TOTAL3 chart is about to close a red candle ALONG with Bitcoin Dominance:
This indicates that the entire crypto environment is being drained of liquidity, and corrections will follow.
Again, I wish there were more options... I'm choosing "short" to label my outlook even though I would not trade with leverage on XRP. The bulltrap and the TOTAL3 chart indicates we're heading lower, and so my bias for the short term is testing next immediate support zones.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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BINANCE:XRPUSDT CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL3
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Chart NAILED the pivot at 13.391 identified 🧵
Well, missed by $0.03.
Couple of counts I am keeping an eye on.
What's your favorite colour?
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Previous count kept me from going all in...
That's an Elliotwave W, imo.
Looking for a potential W4 here.
Near the 1st AOI.
Other areas labeled on chart.
Nice easy count atm,
don't have to spend hours trying to be
an Elliott wave hero.
🌟🔄 Pre-Bull Warm-Up (63%) or Pre-Bubble? (27%) 🎈Hi everyone,
It's time to buckle up as we enter what looks like a Pre-Bull market - that electrifying phase where altcoins start flexing before the full-blown Bull Run! 🌱➡️🐂 We've broken free from the channel's grasp and altcoins are hinting at an imminent lift-off beyond the Fibonacci 0.618 level. 🚀
Here's the scoop: The Total 3 market cap is teasing us at the $383 billion edge, and we're betting there's a 63% chance it'll break through and chart new heights. ✨
Let's not neglect the 27% Pre-Bubble scenario so know the support and reisstnace levels (chart will follow).
On the frontline, Bitcoin is pacing sideways, but don’t let that distract you; select alts are sprinting with random pumps that can't be ignored. 🏃💨 It’s time to get strategic with those altcoin charts and fundamentals! 🔎📈
Ethereum is wrestling with the $1.905 resistance, but the spotlight is on OP, already showcasing a bullish breakout. Seems like a smarter bet right now, offering more upside than Ethereum. 🎲✅
Cardano is surging with ambition towards 40 cents. Will it smash through to reach for 68 cents? We’re keeping our eyes peeled. 👀📈
Our love affair with STX continues as it pledges long-term gains, setting a dreamy target of $19 on the horizon. 💞🌈
1INCH is currently tangoing with channel resistance, prompting us to pocket some profits while we scout for the next entry beyond 0.36. It's all about timing and precision here! ⏰🔑
Metaverse aficionados, take note: SAND may soon outshine AI as it teases a breakout above $0.3783. Will the metaverse reclaim its throne? 🏰💥
Matic’s return to the channel spells a rendezvous with $3.12, and whispers of a climb to $6 - sounds like a family-friendly investment, right? 🧑🤝🧑💼
Let’s gear up for an exciting pre-bull spectacle in the altcoin arena and ride the wave of early gains! 🏄♂️💰
One Love,
The FXPROFESSOR 💙
will post all these charts today, i know how you like them but remember to leave a like and a comment
SOL beginning to set? Elliott WaveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Getting a deeper retrace, which will hopefully lead to some #Elliottwave clarity of count degree wise.
Some areas I am looking for a reaction at.
Below $40, sus for this count.
May '22 Inv H&S NL Broke but Alts are Nearing Resistance!Traders,
For the first time in a year and a half, alts have broken above major resistance. This resistance happens to be the neckline for our long-trending inverse head and shoulders. This is hugely bullish!
But before you max out your home equity line of credit, know that we are nearing what looks like it could become a local top. The channel which alts have utilized for almost a whole month to propel them to a breakout is about to hit significant resistance. Once we bump our head here (resistance), I think we'll retest our neckline and then relaunch to our final target.
In addition to being in highly overbought territory on the daily RSI there are more looming threats of a future gov't shutdown. This time I think it happens. Stocks will sharply pull back. Crypto will follow. And everybody will once again have their second chance to buy the fear and re-enter another crypto bull run before it happens.
Stewdamus