AGIX CUP AND HANDLE: UPCOMING BEARISH MOVE OR ANOTHER ATH HIT?The main headline of the price movement for BINANCE:AGIXUSDT is reaching its all-time high several days ago. Forming an inverse cup and handle pattern (or a head and shoulders), citing a possible bearish move for AGIX. But could it happen or will there be another all-time high for the coin as well as price and trendlines to watch out for in my full technical analysis on this idea thread below. Stay tuned and happy trading :)
For more info related on AGIX: www.ccn.com
ATH
Cardano's Rise to Prominence: A Journey Towards the $1 MarkCardano ( CRYPTOCAP:ADA ) has emerged as a beacon of hope and optimism, charting a remarkable path towards its yearly high amidst Bitcoin's historic rally. With each upward surge, CRYPTOCAP:ADA finds itself inching closer to the coveted $1 mark, igniting excitement and anticipation among investors worldwide.
February's Fantastic Performance:
Cardano's performance throughout February has been nothing short of spectacular. Starting the month with uncertainty below $0.5, CRYPTOCAP:ADA defied expectations by closing above $0.70 for the first time since 2022. This surge in value was fueled by a relentless momentum, as CRYPTOCAP:ADA shattered key resistance levels week after week, instilling confidence and optimism in its trajectory.
Surpassing Expectations:
Despite initial doubts, Cardano ( CRYPTOCAP:ADA ) showcased its resilience by surging to a new yearly high of $0.71, surpassing expectations and solidifying its bullish structure. With an overwhelmingly positive long-to-short ratio, market sentiment remains bullish, with widespread anticipation for ADA to breach the $1 milestone.
Challenges and Opportunities:
However, CRYPTOCAP:ADA 's journey towards $1 is not without challenges. Liquidity gaps, resulting from rapid price surges, pose a potential obstacle that CRYPTOCAP:ADA must overcome to sustain momentum. Yet, amidst these challenges lie opportunities, as Bitcoin's rally paves the way for increased market participation and potential capital inflows into $ADA.
Looking Ahead:
As CRYPTOCAP:ADA navigates the coming weeks, the cryptocurrency community eagerly awaits to witness whether Cardano can achieve the highly anticipated $1 milestone or consolidate at its current levels. Market dynamics remain unpredictable, emphasizing the importance of considering alternative perspectives and opinions when evaluating ADA's future performance.
Why It Matters:
Cardano's ascent amid Bitcoin's rally underscores the interconnected nature of the cryptocurrency market. As Bitcoin stabilizes, the potential for funds to flow into ADA presents an exciting opportunity for market participants and CRYPTOCAP:ADA holders alike, potentially propelling ADA's price beyond $1 for the first time in nearly two years.
In Conclusion:
Cardano's journey towards the $1 mark symbolizes more than just a numerical milestone—it represents resilience, optimism, and the transformative potential of cryptocurrencies. As CRYPTOCAP:ADA continues to make strides in the crypto landscape, its pursuit of $1 serves as a testament to its growing prominence and significance within the broader crypto ecosystem.
First ATH BREAKOUT Before Halving ?? Bitcoin Halving: What It Is and Why It Matters
Bitcoin halving is an event that occurs every 210,000 blocks (approximately every 4 years) where the block reward for mining Bitcoin is cut in half. This is programmed into the Bitcoin protocol and has a significant impact on the BTC price.
Why Halving Leads to Growth
Reduced Supply: Halving cuts the number of new Bitcoins created each day in half. This can lead to scarcity, as demand for BTC remains constant or increases.
Increased Value: The decrease in supply can lead to an increase in the value of Bitcoin, as it becomes more difficult to mine.
Psychological Factor: Halving is an anticipated event that can generate excitement about Bitcoin and lead to increased investment.
History of Bitcoin Halvings:
2012: The first Bitcoin halving occurred on November 28, 2012. At that time, the block reward was 50 BTC, and after the halving, it decreased to 25 BTC.
2016: The second Bitcoin halving occurred on July 9, 2016. The block reward decreased from 25 BTC to 12.5 BTC.
2020: The third Bitcoin halving occurred on May 11, 2020. The block reward decreased from 12.5 BTC to 6.25 BTC.
Impact of Halvings on Bitcoin Price:
After each Bitcoin halving, the BTC price has experienced significant growth.
2012: After the 2012 halving, the BTC price grew from $12 to $1150 over 18 months.
2016: After the 2016 halving, the BTC price grew from $650 to $20,000 over 18 months.
2020: After the 2020 halving, the BTC price grew from $9,000 to $64,000 over 12 months.
Expectations for the 2024 Halving:
The next Bitcoin halving is expected to occur in April 2024. This time around, expectations are somewhat different, as:
Bull Market: Unlike previous halvings, the BTC price is already in a bull market.
Institutional Interest: There is significant institutional interest in Bitcoin now, which could lead to even greater growth after the halving.
Will ATH Be Breached Before the Halving?
While halving has historically always led to new ATHs, this time the probability is somewhat higher.
Bullish Trend: The market is already in a bull trend, which is favorable for further growth.
Institutional Interest: Growing institutional interest could stimulate demand for BTC.
However, it is important to remember that the cryptocurrency market is volatile and unpredictable. It is impossible to predict with 100% certainty that the BTC price will break ATH before the halving.
It is important to conduct your own research and only invest what you can afford to lose.
GALA BUY SETUPHi Everyone!
MINA Analyze ( GALAUSDT), 15-minute time frame ⏰
if GALA is able to breakout resistance, then the next target is 0.04250,
Goodluck Guys!
*Follow For More!
*DYOR
Too clean and obvious to be true?One of the all possible endings in log scale.
Five waves with OB in log scale, not regular for the price range.
Very optimistic version
Multibit $MUBI showing bullish signs to reclaim ATHBeing one of the strong projects in fundamentals, daily chart of $MUBI has started showing bullish signs after a few months of downtrend. On the way to reclaim one of previous strong supports, and if this hold with the accumulation period of Bitcoin CRYPTOCAP:BTC , I am expecting $MUBI to reclaim its ATH.
the real question is what happens to $ETH at ATH?eth is currently holding above the quarter channel with resistance above between 3500-ATH
there is a potential moonshot to 7k and beyond (13k?), if the markets are indeed in the infant stage of a bull run.
for now eth is heading towards the golden pocket of the move down with support from ath avwap
as htf bullish market structure never broke this could mean that the highs are ran, rsi has bounced the mid point and could be cruising towards the cook zone again, its here i will watch to see a divergence form when the 3M OB and yearly level is approached.
upside 3500, 4500/ATH, 7000, 130000
downside 1900, 1200, 800
its quite possible that we put in a long term range drifting between 5k and 1k before we see expansion upwards
nfa, just food for thought on the htf but most of the volume is supporting price.
ATH, growth curves AND when to buy, when to sellWe are on the way to seeing another ATH, There will be a pullback before we get there, Big picture, I'm long. BTC has potential to hit 500k.
I will be posting my predictions on shorter timeframes and reacting to the market conditions by adding to this post
CELESTIA (TIA)Celestia is a project I am keeping a close eye on and is one of my favourite picks for the next 12-18 months.
"A modular data availability network making it easy for anyone to launch their own blockchain without needing a validator set. Modular blockchains specialize and optimise to perform a specific function instead of one blockchain doing everything. The specialization of these new modular blockchains allow for breakthroughs in scalability, flexibility and interoperability enabling developers to build blockchain applications for mass adoption."
This new way of approaching blockchain development and the appeal to users will no doubt make TIA a very valuable token. Having only released in Q4 of 2023 Celestia is yet to experience a full Bullrun and is currently looking to target it's ATH that was set just over one week ago.
Since price discovery is not too far away this is very bullish for the token, the lack of any previous resistance areas, traders who are looking to get back to breakeven to sell their position do not exist as everyone who has invested is in profit during price discovery.
In terms of HTF entries the 4H 200EMA has consistently proven to be strong support in all of TIA's history. We recently bounced off of this level which coincides with the 0.75 line while breaking the LTF downtrend soon after. TIA hasn't seen the double digit price moves that other altcoins have experienced over the weekend but it looks like we could see that this week. I would like for price to continue within this channel working up to the local high.
Clear invalidation would be the loss of the 0.75 level as that would be under the 4H 200EMA as well as out of the bullish channel, price would have to be accepted at this level and not just a flash crash wick.
Naturally a lot of the altcoin markets strength is tied to BTC maintaining's its strength too so any early signs that BITCOIN is weakening would also apply to TIA.
BTC new all time high in NOV-DEC 2024 ( Rally to $80,000)The probability of BTC making new all time high before halving is low, according to me BTC will make a correction of 40-50% from previous ATH around halving or after that and then BTC will make a new ATH around nov-dec of 2024.
KASPA (KAS/USDT) Soars to New HeightsTechnical Analysis:
KASPA (KAS/USDT) has emerged as a remarkable player in the cryptocurrency landscape, exhibiting sustained growth and resilience. The recent patterns observed in its charts underscore both its potential and the keen interest of investors.
1. Fair Value Gap (FVG) and Price Rebound:
KASPA's journey through the market has recently brought it to an important Fair Value Gap (FVG) area. This FVG, often seen as a critical juncture in price action, was met with a robust response as the price rebounded from it. This rebound is not just a random fluctuation but a strong indicator of underlying market confidence and investor interest.
2. Daily Exponential Moving Average (EMA) Cross:
Coinciding with the rebound from the FVG, a daily EMA cross has been confirmed. This is a significant technical event, as Daily EMA crosses are often used to identify potential trend reversals or confirmations. In KASPA's case, this Daily EMA cross suggests a strengthening of the bullish trend, adding more credibility to the ongoing upward movement.
3. Breaching the All-Time High (ATH):
Adding to the bullish sentiment, KASPA has, for the first time, broken past its All-Time High (ATH). This breach is not just a milestone but also a testament to the growing trust and optimism among investors regarding KASPA's future.
Fibonacci Extension Targets:
Utilizing the Fibonacci extension tool, we can project potential future price targets for KASPA. The calculated targets are as follows:
First Target @1.618 Fibonacci Level: 0.324933
Second Target @2.618 Fibonacci Level: 0.467368
Third Target @3.618 Fibonacci Level: 0.612101
Fourth Target @4.236 Fibonacci Level: 0.699502
These targets provide a roadmap for where KASPA's price could head next, assuming the continuation of the current trend and market dynamics.
Fundamentals Analysis:
In the last 30 days, KASPA has not only made waves in the technical charts but also strengthened its fundamental position.
Recent Developments and Partnerships:
KASPA has recently announced several key partnerships, further integrating its technology into broader applications. These partnerships, focusing on areas like decentralized finance (DeFi) and non-fungible tokens (NFTs), are crucial for expanding KASPA's ecosystem and increasing its utility.
Community and Developer Engagement:
The project has seen a surge in community involvement and developer activity. The introduction of new tools and platforms for developers, along with community-driven initiatives, has fostered a more robust and active ecosystem. This increase in engagement is a positive sign, indicating a growing and dedicated user base.
Regulatory Compliance and Security Measures:
KASPA has also been proactive in ensuring regulatory compliance, a key factor in sustaining long-term growth. The team has taken steps to adhere to evolving global regulations, enhancing investor confidence. Additionally, security measures have been strengthened to protect against potential threats and vulnerabilities.
Market Sentiment and Investor Interest:
The overall market sentiment towards KASPA remains positive. Increasing investor interest, as evidenced by social media activity and cryptocurrency forums, suggests a bullish outlook. This sentiment is bolstered by KASPA's consistent performance and strategic initiatives aimed at long-term growth.
In conclusion, KASPA's technical and fundamental analysis paints a picture of a cryptocurrency with strong potential, backed by a robust ecosystem and growing investor confidence. The synergy of technical strengths and solid fundamentals positions KASPA favorably for future growth. However, as with any investment, market dynamics and external factors could influence its trajectory.
Price wants 5KProbably see 5K Monday but it won't last long. In the PRZ now.
Bullish enthusiasm from Friday's madness likely to persist through Monday morning. Top could be in by noon Monday, if it's not already.
Notice RSI diverging... every trip to the PRZ weakens RSI, fewer and fewer issues pushing higher... won't be long now.
Astonishing how short memory is, seems to last just hours or even minutes... FOMC? What FOMC?
That was so yesterday man!
JOLTS?! What JOLTS?! That was at 10 AM and it's 10:30 now, fogeddaboudit, BTFD!!
Loook man, META announced 50c dividend! Let's drive the price to $500 that's only 1K x Dividend, what a bargain!
I'll gladly pay $500 to get a 50c rebate!!
Bitcoin is Finishing bullish wave In my opinion ATH is not available before halving and before massive correction , Maximum Price would be 58200 and Final destination for my expected correction wave could be 29k-32k, Im not sure how much could be fast or slow but most probably before halving we will not see ATH.Do not get caught up in fomo. now is not good time for long position and buy. The market will provide us with better opportunities
12/02/24 Weekly outlookLast weeks high: $48582.05
Last weeks low: $45414.55
Midpoint: $42247.04
What a crazy rally from BTC last week! From the very start creating the weekly low and the end of the week creating the weekly high with a near perfect linear move up.
With 49K as the local high consolidation just under this level is extremely bullish and with the halving moving ever closer BTC is looking very strong currently. I believe that most people myself included would see one last drop towards the mid 30K range to really catapult up from there, the big ETF players could lower their DCA and propel BTC to a new ATH a few months after the halving. However max pain would simply be BTC leaving everyone that is waiting for lower prices side-lined and push up towards the highs ahead of schedule.
So for this week a close eye needs to be on the structure of BTC around this local high. Any swing fail pattern would be very tempting to enter a short position, I believe a lot of people would welcome that setup, if that was the case you would need a very tight SL in case the rally continues. The more chop we see at these levels the more likely that is too happen in my opinion.
Kaspa (KAS): In great spirits!Kaspa is in great spirits, with a run of over +40% in 5 days, and is now just a step away from its closing ATH!
Does it need a breather, or will it break all the way up?
Being rejected by the ATH should bring the price back towards $0.123 in the first instance, on the support indicated by our Pivot Identifier . But if we get a daily close above $0.145, then Kaspa could mark a new ATH.
To find a target, we've plotted Fibonacci extensions of the last big move. Why not go for 1.618 in the medium term, towards $0.21!
In the short term, a small retracement seems probable, as many indicators are currently overheating, as shown in our Ultimatyx Screener table.
Bears Beware of FOMCPapa Powell might be the catalyst for final blowoff top.
Massive surge to 5K is within striking distance.
Breakout above B-bands is unusual and virtually always rejected. Watch for it.
From Weds PM 31st until Friday noon we could well see ATH.
So many bears now, "It just can't get any higher!" But it can. Beware.
29/01/24 Weekly outlookLast weeks high: $42827.56
Last weeks low: $40677.38
Midpoint: $38527.20
As the first month of 2024 nears its end BITCOIN finds itself back above 40K after spending half of lasts week below the big even level.
There are 3 main FVG's I have my eye on:
- At the previous weeks MIDPOINT level 40.5K (1H)
- The drop from 49K has left a large FVG at 45.5K (4H)
- The daily FVG at 33K (1D)
Price tends to get pulled and pushed towards these areas of imbalance. HTF imbalances have the largest force of attraction so in this case the 33K daily FVG is the main target in my opinion, and there are many possible routes to this destination.
As it stands BTC is above both 40.5K & 33K FVG's and ideally we would need to retest these areas before progressing towards ATH' s post halving which would also mean clearing the 45.5K FVG on the way back up. For me this is how I think it will play out however if BTC pushes towards 45.5K first I will also be prepared for this move.
For this week I'm concentrating on how BTC regains its strength and if price were to reach the 45.5K FVG , I would think about taking any profits from the recent move should BTC look weak, as I have said that 33K area is calling out to be revisited in my opinion.
End GameAlways crystal clear in the retrospectometer. NQ making new ATH daily while the small caps and broader market swoon.
Fewer and fewer issues carry the index to nosebleed heights, see how RSI weakens at each new high... this is the end of the run.
May not lead to a crash scenario, but lower prices and persistent weakness are likely over the near to mid term imo.
A zig-zag pattern may emerge, a bearish move may be provoked by FOMC disappointment.
Halving Forecast Just a quick idea on the state of BTC going into the halving. The countdown to the next big BITCOIN event has started, THE HALVING
Historically this is the event that kicks off the BULLRUN every 4 years. Mining rewards go from 6.25BTC to 3.125BTC and this gives miners a dilemma, do they hold on to their BTC they earn and only sell to cover costs, this diminishes the supply going into the market which raises prices assuming demand remains the same. Or if they do carry on selling their BTC it would be half the amount it was previously and still contributes less to the sells side pressure, raising prices. ETF issuers need these coins to offer to customers + retail investors returning to the market once FOMO enters the playing field.
DEMAND UP
SUPPLY DOWN
As for now I could see a mirror of the ETF rally being a logical path towards the halving. Filling the FVG at 33k would be a great long term entry point for any investor/trader should it hold as support. Once price has wicked down into that area and there's a reaction off that level then the bulls should look to push price for that 3 weeks or so going into the halving and beyond towards ATH as there's not much stopping it and history suggests this is the way BTC behaves after this event every 4 years.
Dogecoin's Explosive Growth: New Addresses Surge 1100%Dogecoin ( CRYPTOCAP:DOGE ), the beloved meme coin, is making headlines once again as it experiences an unprecedented surge in growth, leaving enthusiasts optimistic about the possibility of a substantial rally. Renowned crypto analyst Ali Martinez recently shared a chart revealing a staggering 1,100% increase in new Dogecoin addresses over the past week. This surge has sparked speculation within the crypto community, with many anticipating a potential CRYPTOCAP:DOGE price rally to the much-awaited $0.1 mark. We'll delve into the factors behind Dogecoin's recent growth, explore the impact on its price, and examine the broader context of its rising popularity.
Dogecoin's Address Growth Breaks Records:
Ali Martinez's analysis highlights a remarkable surge in new Dogecoin addresses, reaching an all-time high on January 29 with 247,240 new addresses created in just one week. This astonishing 1,100% increase in network expansion has captivated the Dogecoin community and triggered speculation about its potential influence on CRYPTOCAP:DOGE prices. The sustained uptrend in new addresses, if maintained, could pave the way for positive price movements, according to Martinez.
CRYPTOCAP:DOGE Price Amid Rising Popularity:
Market analysts and enthusiasts are closely monitoring Dogecoin's trajectory, with many eyeing the significant milestone of $0.1. Ali Martinez's positive outlook has added fuel to this speculation, generating curiosity and interest among investors. The dynamic nature of the crypto market is evident as discussions abound regarding the potential catalysts behind Dogecoin's recent surge.
Institutional Acceptance and Influential Figures:
Dogecoin's popularity surge is not without external influencers. Tesla CEO Elon Musk, a vocal supporter of Dogecoin, recently announced a new "Payments" account through his company X, prompting discussions about its potential impact on CRYPTOCAP:DOGE 's performance. Additionally, Dallas Mavericks owner Mark Cuban confirmed ongoing support for Dogecoin as a payment method for the NBA team. This reaffirms the growing acceptance of cryptocurrencies in mainstream sports partnerships, signaling broader adoption beyond the crypto community.
Inherent Volatility and Investor Alertness:
As of the latest data, Dogecoin's price has experienced a 3.13% increase over the last 24 hours, trading at $0.08114, with a trading volume surge of 140.03% to $566.98 million. The crypto market's inherent volatility is keeping investors on high alert, ready to capitalize on potential gains amid the Dogecoin frenzy. The price fluctuations, coupled with the increased adoption by influential figures and institutions, contribute to an environment of excitement and anticipation within the crypto community.
Conclusion:
Dogecoin's( CRYPTOCAP:DOGE ) recent surge in new addresses, coupled with influential endorsements and institutional acceptance, has fueled optimism among enthusiasts. The prospect of reaching the coveted $0.1 milestone has become a focal point of discussions within the crypto community. As Dogecoin's popularity continues to soar, investors remain vigilant, navigating the volatile market landscape in anticipation of potential gains amidst the Dogecoin frenzy. The coming days will undoubtedly be crucial as the community eagerly awaits whether this momentum will indeed translate into the anticipated $0.1 price tag for Dogecoin.
US100Is US100 exhausting at All time high level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 16500 followed by 16000.
What you guys think of it?
Bitcoin Pre-Halving TheoryI have detailed this post about bitcoins' pre-halving theory in the fractal I have drawn; you can view my previous post about bitcoin predicting the 15k bitcoin when its range was in the 30k and predicting the capitulation and recovery.
If you like my posts and think they are accurate, this one could be too. Of course, I could be wrong, and this isn't Financial advice, DYOR.
I'm expecting a fantastic buying opportunity next month at around 34k.
loading a lot of alts for this front run
Good luck, ask me for TA below if you care about a specific coin, ill answer within a week
GOOGL Daily Launch PadGOOGL has been riding the 50 EMA on the daily for quite some time. After the late October shakeout down to the 200 EMA, GOOGL has looked very strong and been trending upwards in this accumulation zone. A clean break above $141 should send this to test the high at $150 and beyond.
