ALTS
OCEAN BULLISH Pennant with FIB TargetsBINANCE:OCEANUSDT
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.
A Bullish pennant is spotted on the OCEANUSDT chart. The targets or take profit points from this pattern can be determined by using a Fibonacci retracement from the pennant. NOTE that this may take some time to play out; be sure to manage your risk and pre-set those orders !
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EOS/USDT | huge falling wedge🟢 Entry price: from now at 1.036 to 1.03
🟢 If you are looking for more safe entry point, you can buy the breakout above 1.065
🎯Targets:
|> 1.196
|> 1.326
|> 1.469
|> 1.607
🔴Stop-loss: Daily candle closes under 0.942
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 1.5%
LINK: LAST Month to ACCUMULATE💰BINANCE:LINKUSDT
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.
LINKUSDT has been in a typical Wyckoff Method consolidation phase. Looking at previous fractals, wee see that Chainlink often goes parabolic during the months of June / July. This is right around the corner! Even should it not happen that way this time around, LINKUSDT has establishes a clear bottom and will most likely only go upwards from here.
To confirm this bias, we take a look at the Technical Indicator CryptoCheck START v3.5 and see a buy signal flashing on the weekly (which is bullish on such a high timeframe) :
Since you're here ! Check out this idea on BTCUSDT :
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Send the 3rd!!!!This is the correlation between the BTC.D (inverted) with the altcoin market cap chart. It's hard to deny that both only had the 1st wave of their supercycle and are gearing up for the 3rd wave (the tsunami).
My theory is that the altcoin market cap and the BTC.D charts are one impulse wave below the BTC price wave count. So, BTC is having the 1st wave of its supercycle and the BTC.D (inverted) and the Altcoing Market cap are finishing the 2nd correction wave and entering their 3rd wave.
BTC pumping in the 3rd wave of the 5th supercycle wave = Altcoins pumping in the 3rd wave of their supercycle = BTC.D falling (3rd wave)
BTC correcting in the 4th wave of the 5th supercycle wave = Altcoing correcting in the 4th wave of their supercycle = BTC.D rising (4th wave)
BTC pumping in the 5th wave of the 5th supercycle wave = Altcoing pumping in the 5th wave of their supercycle = BTC.D falling (5th wave)
BTC starts correcting from the Bullcycle top = Altcoins still pumping in the 5th wave = BTC.D rising (correcting if looking the inverted)
We are having an altseason soon, and that will surprise a lot of people, I mean a lot!
What’s in Market about #PancakeswapCake/USDT Chart Analysis: Is It Time to Buy?
Cake (CAKE) is a popular cryptocurrency that has been in the news lately due to its recent price movements. The coin has been experiencing pressure as investors are selling following the unlocking of tokens. This article will provide a detailed chart analysis of Cake/USDT and explore whether it is a good time to buy.
Chart Analysis:
As per the chart, Cake is currently trading at handle support. If it can hold this support, we can see an upward rally. However, it is recommended to wait for the market negative sentiments to settle before entering the market. If you decide to enter, the suggested buy level is around $2.5-$2.7. The pattern observed is a cup and handle pattern, which suggests that there is potential for the coin to increase in value.
Long-term Targets:
In the long term, Cake has significant potential for growth. The targets for Cake/USDT are $4.6, HKEX:8 , HKEX:12 , and $20. These targets are based on the analysis of the cup and handle pattern observed in the chart.
Stop Loss:
It is important to have a stop loss in place to minimize losses. If any daily candle closes below $2.30, it is recommended to exit the market to prevent further losses.
Market News:
Recent market news indicates that Cake has unlocked tokens, and investors are selling due to the broken promise of 200% staking reward, which was reduced to 46% after two months. This situation has created pressure on the coin, leading to a decrease in value.
Takeaways:
Cake is currently trading at handle support, and if it holds this support, an upward rally can be expected.
The pattern observed is a cup and handle pattern, suggesting that the coin has potential for growth.
The suggested buy level is around $2.5-$2.7.
The long-term targets for Cake/USDT are $4.6, HKEX:8 , HKEX:12 , and $20.
It is important to have a stop loss in place to minimize losses.
Recent market news indicates that Cake has unlocked tokens, and investors are selling due to the broken promise of 200% staking reward.
Conclusion:
Cake/USDT is a cryptocurrency that has shown potential for growth in the long term. The current chart analysis suggests that it is a good time to buy, provided the coin holds the handle support. However, recent market news indicates that there is pressure on the coin due to the unlocking of tokens and broken promises. It is recommended to do your research, invest wisely, and always have a stop loss in place to minimize losses.
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MINA | MINA shows a bullish sentiment!The crypto market reversed. We should be ready to see an upside movement support by the bearish news from the banking field.
I use the bullish momentum for adding more long positions.
One of my very important long positions is MINA
why ?
- MINA is holding above 200MA as a good support.
- The price moved above the local swing high (bullish signal!)
🟢Entry price: from now at 0.68 to 0.645
🎯Targets:
|> 0.715
|> 0.755
|> 0.79
|> 0.86
🔴Stop-loss: Daily candle closes under 0.63
for risk takers I recommend to place stop-loss order at 0.589
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 1.67%
FET | Bullish flag breakout confirmed ✅#FET/USDT
- FET forming bullish flag pattern in 1D frame chart!
- the breakout already happened, expecting no less than 80% bullish rally.
🟢Entry price: from now at 0.415 to 0.36
🎯Targets:
|> 0.488
|> 0.54
|> 0.68
|> 0.76
🔴Stop-loss: Daily candle closes under 0.33
for risk takers I recommend to place stop-loss order at 0.28
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 1.67%
HFT | Cup with handle pattern in play!#HFT/USDT
- The price has been consolidating for a few days forming the handle of the cup.
- this pattern is a bullish continuation pattern.
- the breakout doesn't happen yet.
- you may enter now with low amount of money and enter again after a breakout confirmation.
🟢Entry price: from now at 0.7260 to 0.6090
🎯Targets:
|> 1.1492
|> 1.438
|> 1.6
🔴Stop-loss: Daily candle closes under 0.55
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 1%
THOT dot!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!
Been awhile since I looked at this.
2s can run together, so if you see 2 exp flats that can be a tattle tail sign of a 12,12.
Unfortunately, I can also see this.
Cheers!
BNB | big Ascending Triangle Hello Traders,
BNB is forming a big Ascending triangle pattern on the weekly timeframe!
when the ascending triangle pattern develops within a downtrend we have two possible trade scenarios:
A continuation of the downtrend
it can signal an imminent market reversal
If the flat resistance line is broken, the ascending triangle pattern can signal an upcoming trend reversal. In this case, we can expect a change in the trend, from bearish to bullish.
In this case, we may open a long trade after a successful breakout, and it's expected to test 496 $ level (+40% gain)
But ...
The ascending triangle also can play out as a continuation pattern.
the upward-sloping trendline of the ascending triangle must be broken to confirm the trend continuation
A short trade is triggered once we break below the upward-sloping trendline. and our target will be 192 $ (-30%)
Thank you for reading!
Please Like and comment with your opinion :)
Bull doge, or bear doge?If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Got some precise hits on levels identified!
Played the levels pretty nicely.
Will be looking to play off of them again.
Pierced a big level and bounced back up.
Good look for the bull doges, atm!
Cheers!
Ethereum 2017 versus 2023 Comparison of 2017 chain of events to 2023.
It seems that a whole new cycle growth begins with the government crackdown.
It is done in advance to try to minimize crypto exposure for the public, suppress inevitable growth of crypto when it enters a new cycle. The main concern for the governments and the banks is that with each growth, it causes millions if not billions all kinds of defi based financial activities, transactions outside of the traditional system, they cannot be controlled or stopped. It is the main concern for the traditional system that the crypto participants may begin incentivizing potentially criminal activities, even against the system itself.
MBOX | Very clear trade setup #MBOX/USDT
- The price has been consolidating for a few weeks. We have higher swing lows in the daily chart.
- If buyers can keep the price above 0.564, it will be possible to add long positions to the active trades.
- but now there is a possible chance for a retracement before breaking the current resistance level.
- A breakout below 0.439 will give a reason to cut down the bullish volume.
🟢Entry price: from now at 0.518 to 0.474
🎯Targets:
|> 0.591
|> 0.66
|> 0.756
🔴Stop-loss: Daily candle closes under 0.439
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3%
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if you missed! here are some of our recent Altcoin trades that are available to enter :
UNI | Time to break the consolidation phase
FET | Bullish flag breakout confirmed ✅
#RSR/USDT | Expecting Breakout soon!
ACAUSDT | ready for a bullish impulse
ENT Electroneum time to shine!Electroneum is an oldie but goodie... the already have a payment platform and its been in use for many years now.
This is the SECRET crypto that nobody is talking about yet
I see a 70% push from here to break the top of this triangle, then over 1k to the next target.
If you look up Eleectroneum on CryptoPanic.com you will see this info where they have some pretty good goals in mind... i believe someone will pick them up and run with it... I am in
While everything else is dropping, ENT is popping!
BNB - Pump & Dump like XRP ?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.
BNBUSDT aka Binance coin has a nasty history of pumps and dumps. In the past, the King of Pump & Dump use to be XRP. But lately, it seems like BNB coin might take the title.
With the Moving Averages ribbon, we can see the sellers/bears take control after the recent top out. Is it possible to see a few for daily candles of downward trading before another 16% or 30% increase?
While you're here 👀 Check out this recent post on an altcoin that may go parabolic in the near future, MOVR :
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ALT COINS Made a major bullish break-out above the Falling WedgeThe alt coin market (TOTAL2) broke last week above the Falling Wedge of the Bear Cycle that started in mid 2021. Currently we may be seeing a pull-back that may put the 1D MA50 (red trend-line) and 1W MA50 (blue trend-line) to test as Supports.
On the long-term though, this break-out along with the formation of the Inverse Head and Shoulders (IH&S) pattern, targets much higher and more specifically the 2.0 Fibonacci extension at 1.135T.
Note that it was the 1D MA50 crossing below the 1W MA50 in mid February that confirmed the long-term downtrend and similarly, it will most likely be last month's 1D MA50 crossing over the 1W MA50 that confirms the long-term uptrend/ Bull Cycle.
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This One Chart is Key for Altcoins!Traders,
It's simple. The Altcoin Market is currently preforming a classic re-test of previous resistance (now support) at the inverse H&S neckline:
- If it holds, Alts are safe for the moment and will continue upwards short term.
- If it breaks, the inverse H&S pattern becomes invalidated and alts have further drawback ahead.
Keep a close eye on this chart.
Stew
Altura Partners with Unity: A Promising Future for ALUAltura Partners with Unity: A Promising Future for ALU
Altura, a cryptocurrency that recently partnered up with gaming giant Unity, is garnering attention from investors. Technical analysis suggests that ALU is looking bullish in the weekly chart, having broken major resistance levels. This article will delve into the potential of Altura, its entry levels, targets, and strong support, as well as provide some takeaways and a conclusion for investors.
Entry Levels and Targets:
As of now, ALU is trading at $0.035, with an entry-level between $0.033 to $0.036. Targets for investors in the long term include $0.083, $0.171, and $0.3. Technical analysis indicates that ALU has already broken major resistance levels, suggesting a promising future for investors who choose to invest in cryptocurrency.
Strong Support:
It is crucial for investors to consider strong support levels before investing in a cryptocurrency. For Altura, strong support is currently at $0.025. Keeping this in mind, investors can make informed decisions about when to invest in ALU.
Takeaways:
While Altura's recent partnership with Unity is a promising development, investors must do their research before investing in any cryptocurrency. Additionally, investing in cryptocurrency should only be done with a long-term view, as this allows for potential price increases to be realized.
Conclusion:
With Altura's partnership with Unity and technical analysis suggesting that ALU is looking bullish, investors may consider investing in the cryptocurrency for the long term. However, it is essential to keep in mind strong support levels, as well as do thorough research before investing. With these considerations in mind, investing in ALU has the potential to yield significant returns in the future.
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SNX/USDT Technical Analysis: Bullish Long-Term Outlook with 200%SNX/USDT Technical Analysis: Bullish Long-Term Outlook with 200% Upside Potential
The SNX/USDT pair has confirmed a breakout in the high time frame (HTF), indicating a bullish outlook for the long term. As of writing, the price is trading around HKEX:3 , with the breakout level at $2.70 and a retest level at $2.25. This technical analysis aims to provide insights into potential price movements and actionable trading strategies based on the chart.
Technical Analysis
The SNX/USDT chart suggests an upward move is likely to continue before experiencing some retracement. The breakout level has already been confirmed, and the price has retraced to the retest level, indicating a strong support zone. The long-term trendline has also been broken, further supporting a bullish outlook.
Targets and Stop Loss
Based on the chart, the potential targets for the SNX/USDT pair are $3.40, $4.50, HKEX:6 , and $7.30. However, it is important to note that a strict risk management strategy must be in place, with a stop loss set below $2.50 to mitigate potential losses.
Takeaways
The SNX/USDT pair has confirmed a breakout in the HTF, indicating a bullish outlook for the long term. The chart suggests an upward move is likely to continue before experiencing some retracement, with potential targets at $3.40, $4.50, HKEX:6 , and $7.30. A strict risk management strategy must be in place, with a stop loss set below $2.50 to mitigate potential losses.
Conclusion
In conclusion, the SNX/USDT pair presents a bullish long-term outlook, with a potential 200% upside from the breakout level. However, it is important to note that this is not financial advice, and investors must conduct their own research before investing in any coins.
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NEAR | Just broke 200MA after one year!#NEAR/USDT
- NEAR broke 200MA after for the first time since May 2022 and that is a very positive signal.
- Also we have a higher low and a higher high for the first time since some weeks.
- we are forming Wave C of ABC Elliot correction wave.
- Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond.
🟢Entry price: from now at 2.313 to 2.116
🎯Targets:
|> 2.66
|> 3.224
|> 3.75
🔴Stop-loss: Daily candle closes under 1.95
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 3.1%