SOLUSDT : Setting Up for a BIG MOVEHi Traders, Investors and Speculators of Charts📈📉
Solana / SOLUSDT has some GREAT upside potential from this point, and SOL is no stranger to parabolic upside movements. We know this because:
✅ SOLUSDT Macro Cycle analysis shows Accumulation Phase
✅ SOLUSDT established a clear bottom
✅ SOLUSDT is currently trading rangebound AFTER bearish cycle has completed
✅ According to market cycle / phase analysis, the next step to follow is the bullish cycle
✅ Clear support zone & resistance zone -ranges can be identified by using Technical Indicators
With the help of two technical indicators ( Marty's Moving Averages & CryptoCheck FlipMO v2) we can confirm the conclusion made from the analysis of the chart's macro perspective : we are currently trading in range-bound accumulation phase. It's not ideal to trade in rangebound zones between support zone and resistance zone since this is the ideal place for stop hunt algorithmic trading bots to trade, often causing shakeouts.
Even thought the price may continue to trade range bound for a period of time , the next big market cycle is clearly the bullish phase.
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CRYPTOCAP:SOL BINANCE:SOLUSDT COINBASE:SOLUSD BINANCE:SOLUSD BINANCE:SOLUSDT.P BINANCE:SOLBTC BINANCEUS:SOLUSD CRYPTOCAP:SOL.D OKX:SOLUSDT.P KRAKEN:SOLUSD
ALTS
Solana - SOLUSDT Bullish Cycle NextHi Traders, Investors and Speculators of 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 🏫
Solana / SOLUSDT has some great upside potential from this point, and SOL is no stranger to parabolic upside movements.
With the help of two technical indicators ( Bollinger Bands & CryptoCheck START V3.5 ) we can confirm the conclusion made from the analysis of the chart's macro perspective : we are currently trading in range-bound accumulation phase. It's not ideal to trade in zones between support zone and resistance zone since this is an strictive place for stop hunt algos to trade.
Even thought the price may continue to trade range bound for a period of time, the next big market cycle is clearly the bullish phase.
_______________________
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CRYPTOCAP:SOL BINANCE:SOLUSDT COINBASE:SOLUSD BINANCE:SOLUSDT.P BINANCE:SOLUSD KUCOIN:SOLUSDT BINANCE:SOLBTC BINANCEUS:SOLUSD OKX:SOLUSDT.P FX:SOLUSD
AAVE, Maria. If you find this info 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!
Not financial advice, you do you
Looking for a potential move down here but a flip of the 66.92 level would be ideal for the bulls.
PEPE, Jumped! If you find this info 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!
Looks like pepe jumped, but now it has to hold!
At a crucial level here! Holding would be ideal.
It broke the stair step pattern down, now it has to at least start a stair step move up!
Cheers.
Simple Path Possibilities for BTC DomSuper simple / quick post. Bitcoin dominance had a confirmed double top, and now may or may not confirm a double bottom.
If it does, it will likely move up to resistance and then back down before deciding to break through resistance or support.
Otherwise, it may just lose support
SUPER BULLISH Dogecoin: Latest News😺Hi Traders, Investors and Speculators of 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 🏫
Philanthropist and Entrepreneur Elon Musk has been mentioning his intentions to migrate Twitter over to the " X " app or, the Everything app. He has also mentioned that Dogecoin will be used as a payment method. This is bullish for DOGEUSDT as it will increase demand and market cap for the altcoin.
We also take a quick look at the macro cycle, we're currently in accumulation zone where whales are building up their bags. The technical indicator CryptoCheck START v3.5 should give a good estimate on when the price starts rising when it calls a BUY in the weekly timeframe.
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ACA/USDT 1D. Fall out of channel. Manipulation.Here's coin in DOT ecosystem - Acala network.
Though it has problems with its stable coin etc. there's space for earning money. Here's how.
There was an accumulation channel(logic of the current movements). In it the volume was accumulated.
Now there;s a break down of this channel. Price is dumping. The meaning of it - is how i've already described - collection of stop losses.
From the support price has now dropped 37% down. We've come to the first support and potential reversal zone 0.545$. Yellow level.
The second one is on the chart.
When dropping out of that horizontal channel we had - the downtrend channel started to form, this is when we speak about technical side of this potential manipulation.
Now as you can notice on the chart - the price is on the support of this downtrend channel.
Hence we can at least work locally from the support considering potential bounce of the price.
Bitcoin Bearish Head & Shoulder Chart AnalysisBitcoin Technical Analysis: Head & Shoulder Pattern Indicates Bearish Trend
Bitcoin's current trading price is $26800, and the daily time frame chart shows that the Neck Line support of the Head & Shoulder pattern has been broken, indicating a bearish trend. This article provides a technical analysis of the BTC/USDT chart, along with insights into the potential target and key levels to watch.
Previous Analysis -
Correct Prediction: The author's previous analysis of Bitcoin's trading behavior correctly predicted a drop from $30k to $26k.
Fresh Analysis -
Head & Shoulder Pattern Indicates Bearish Trend: The daily time frame chart indicates that the Neck Line support of the Head & Shoulder pattern has been broken, signaling a bearish trend. The Head & Shoulder pattern is forming perfectly, and the current target after breaking the Neck Line support is $24000.
$24000 Target -
Based on Chart Analysis: The target of $24000 is based on the height of the Head from the Neck Line support on the chart.
Retest Level at $24000:
After the breakout on 13-14 March, Bitcoin reached $31000 from $24000. However, the chart pattern has not yet retested the breakout point, so the current retest level is at $24000. Therefore, traders should give high priority to testing $24000 before an upside ride.
What if Head & Shoulder Pattern Fails?
It is possible that the Head & Shoulder pattern may fail. In that case, if Bitcoin breaks upward $27000 and daily candle closes above $27500, the current pattern will be invalidated, and the targets will be on the upward side.
Key Levels by CryptoPatel:
The author suggests that traders should watch the support levels of $24000 and $21300 and the resistance level of $27050.
Takeaways for Traders:
Based on the technical analysis of the BTC/USDT chart, the author predicts a bearish trend with a potential target of $24000. Traders should keep an eye on the chart and be prepared for any unexpected market movements.
Conclusion:
Bitcoin's current Head & Shoulder pattern indicates a bearish trend, with a target of $24000 after breaking the Neck Line support. The author advises traders to be cautious and monitor the chart closely to make informed trading decisions.
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Altcoin Strength Indicates Dominance Will Drop!Traders,
As outlined in this mornings video, altcoins remain relatively strong as compared to Bitcoin. This is a bullish indicator that alts may be gearing up for a bit of a run in the next few weeks/months.
Another chart to keep a close eye on, of course, is our BTC.D (Bitcoin Dominance) chart which is currently showing a bearish Head and Shoulders pattern.
Have this chart on your list for future observation. It is fair to become more aggressive alts once that neckline breaks.
Best,
Stew
KAVA Surges as Investors Seek Buying OpportunitiesInvestors in the cryptocurrency market are looking for buying opportunities despite the current volatility of Bitcoin and Ethereum. As a result, many traders are turning to bullish altcoins like KAVA, which has been showing steady price growth despite market selling pressure.
KAVA, a native token of the KAVA blockchain, recently completed a higher low price formation above an ascending trend line. From a monthly low of $0.667, KAVA's price has risen by more than 35% in just five days.
KAVA Attempts Breakout
While Bitcoin's price is falling, KAVA's price continues to rise this week. KAVA’s investors seem to be unaffected by a potential drop in Bitcoin's price.
KAVA's price surged towards a bullish hurdle on May 10th, reaching a 20-day high at $0.909 with a remarkable 10.6% gain on Wednesday. Currently, the altcoin is trading against the USDT pair at $0.906.
KAVA's Future Looks Promising
Trading volume indicators suggest that there has been significant accumulation of KAVA coins near the support trendline. KAVA witnessed the highest trading activity in the last few months in the month of May.
The KAVA coin is currently trading above the 50 simple moving average, with bulls pushing the price up. Historically, the 200-SMA has acted as a significant support and resistance level for sellers. The market is now waiting to see if the bulls can maintain their momentum and push the price of KAVA beyond the 200-SMA.
The Relative Strength Index (RSI) has crossed the crucial threshold of 50 and is now steadily climbing towards the upper limit. This is an encouraging sign for potential buyers, who could benefit significantly if the coin manages to break through the current resistance trendline.
However, we will still need to have Bitcoin at least ranging and not falling for a significant rally to occur.
AIDoge : Make Money from MEME's 🤖Hi Traders, Investors and Speculators of Charts📈📉
MEXC:AIDOGEUSDT BITGET:AIDOGEUSDT OKX:AIDOGEUSDT.P
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 🏫
AiDoge is a new crypto project that strives to solve the need for exciting memes that drive engagement. As a result, it offers an AI platform that allows users to buy credits with the native crypto, NYSE:AI , and use them to generate memes. By typing prompts into the system, the AI behind it interprets your request and generates an appropriate meme. With this unique utility fully described in the official whitepaper, AiDoge has effectively combined two popular trends in the crypto world — memes and AI. No other coin has managed to do the same, not even ArbDoge AI, a similarly designed crypto that lacks the utility aspect of AiDoge.
AiDoge wants to create an entire community behind the project, and it aims to achieve this by rewarding both those who stake and vote. Once you buy NYSE:AI tokens, you can stake them to gain daily rewards in the form of the same token. Moreover, you can vote on memes other users have created. In turn, this yields you more tokens and rewards the best meme creators. Other similar projects have also gained popularity and increased in value, including Pepe Coin and Wojak. If you’ve missed these pumps, AiDoge might be the next big thing for you. It certainly has more promise than many other cryptos from the past.
As more people realize its potential, artificial intelligence is expanding . Now, with AiDoge, it has entered the crypto market. AiDoge was built on the Ethereum blockchain as a memecoin. The AI-driven meme creator is set to be widely adopted in advertising and marketing sectors due to its ability to create high-quality memes that are also unique. The thing that could potentially give this coin value is the fact that anyone can use their creativity to create memes and be recognized in the community for their efforts. This means that creating memes will be done in moments and will be displayed publicly. The creators who make the best memes will be rewarded for it. Furthermore, the platform is user-friendly and easy to use, which will be extremely helpful for beginners searching for a meme coin to begin their investing/speculation journey.
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