ATH
ATH BTC/USDT, WHY?Good Day!
Only my point of view, but in long term scenario falling is very risky for BTC life, so I don't think market will do it. But of course I should prove it. Now we had breakout of ascending wedge , so price will go a bit deeper(down), under 40k.
And here price has a choice: go to 28k?(what can cause descending triangular formation) or continue rising, what will actually prove the hole ascending cycle formation with Elliot principles. And I don't see any divergence on A/D indicator or other signs of real bear danger, instead we have a bullish diver.
Elliot waves have strongly market bullish meaning, and the previous rising wave 1-2-3-4-5 is just smaller lvl as in theory, now we have abc movement, which is just first correction.
So its clear to see we should wait a big pump. And when the price will follow the bullish view we will see not only new highs, but price about or above 100k, because imagine what will be the third wave in size as the largest one.
A bear view u can see in my previous ideas.
Have a good day!
SOL/BUSD a good bounce may lead to another new ATH.Here is my analysis on why SOL looks its going to break the previous ATH.
What are your thoughts?
LUNA-USDT (Breakout)LUNA is the reserve currency of the Terra platform. As the Terra protocol is a Proof of Stake (PoS) based blockchain wherein the miners are required to stake their Luna tokens in order to mine transactions. As the probability of a validator being able to mine the next Terra block is directly proportional to the staked Luna tokens, thereby, Luna holds key importance in the Terra ecosystem.
Terra team has launched the project Dawn- fund worth $150M in LUNA tokens build with the aim to make all blockchains seamlessly communicate with each other. The news flow has triggered a buying momentum in the digital asset.
On the Daily Time Frame, the support to the lower side is present at $30 while it may face resistance at the level of $45 followed by $50.
SOL looks like its going for another new ATH todaySOL has been making new ath since past few days and looking at its current 4h graph it seems the next new ath is on the way. Ill be closely looking it as heikin ashi candles are telling me something. 30% gain from 187 to target 240. Sorry for the bad drawing i am on mobile. :))
Have a great day bulls.
Solana,Recover From Dip To New All-Time HighsHello Guys,
Today we have to talk about #SOLUSDT
Investors appear to have taken advantage of the recent flash crash to buy Solana and Fantom at a discount.
Key Takeaways:
More than $300 billion was wiped out of the entire cryptocurrency market cap during Tuesday's crash.
Solana and Fantom managed to weather the storm and rebound strongly.
Both cryptocurrencies have made new all-time highs, luring investors into long positions.
Solana and Fantom have quickly recovered from the market’s recent flash crash. Both assets now sit at crucial support levels that could propel them into higher highs.
Conclusion: The significant increase in buying pressure has allowed several digital assets to recover to new all-time highs.
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Is ETHUSD Aiming a new ATH?Ethereum ( ETHUSD ) has seen a decent recuperation in the course of the last 6 to 7 weeks. Subsequent to making a new ATH , it dipped hard following over half.
A good place to open a long position would be during the retest of the support level or the breakout of the immediate resistance level .
ZigZag/TEMA has again visited the overbought zone, which shows strength and is a good sign to see an upward move.
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BTC following ETH?So far BTC is following the same path ETH traveled. We had consolidation at resistance, a push up to it with a rejection back to the 21 ema and then another push up and through, a close above resistance (in this case 50k) and now waiting on the back test and continuation up to the last fib levels! Might be seeing a 54k-57k BTC within the next 48 hrs IMO...
Bitcoin reconsidered? 113k? or 13k?Reconsidering Bitcoin to make a new ATH?
Why and when? The USD is devaluing more with more money printing. Inflation is peaking. The time will come if Bitcoin can close weekly above 57k and consolidate above its over. More than likely a big push will occur.
Hint:
(As this idea is contra to the related ideas. This could also turn out a double top of it can’t break and hold above 57k.)
Target 113k.
This is another idea to plan for.
Do not do invest or trade on my ideas. I am not liable for gains or loses. I am not your financial advisor.
BTC Update ✅📊 BTC Updates
$BTC has just put a bearish double top, according to which the price may fall, apart from this, if we look at the overall #BTC and market sentiments, it is bullish which can break the resistance of 50500.
So we will wait till 47k comes to take new trade or if BTC closes above 50500 in 4Hours
@CryptoTeamHelpIndia ❤️
VET/USDT Cup and Handle BreakoutVechain currently breaking out of the cup and handle pattern. Wait until breaking out of the resistance zone at $0.14509 and confirmation to enter
Target 1 - $0.177
Target 2 - $0.208
Target 3 - $0.23
Target 4 - $0.245
Target 5 - $0.266
This is not financial advice please DYOR. Place stop loss below $0.10246
Ethereum - Is going to reach new ATH??? 😯🧨Ethereum went according to our plan, as I said in yesterday's idea.
ETH broke the important level of $3333, which is the upper level of the 25-day accumulation. Before this breakout, there were clear preconditions, such as a squeezing, higher lows, long strength accumulation, a false breakout, and a return to the level. As a result a strong upward momentum. Now we can only look for possible fixing points and buying opportunities. If Ethereum tests 3333 as support, it will be a good buying opportunity. Position fixing, the area marked above, you can also start fixing your positions from the level of $3500, of course, according to your strategy!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bitcoin: After the cup and handle?Sure BTC may have a little dip over the next couple weeks...but that's just the launching pad. I keep seeing this ascending triangle in my mind and I'm willing to bet something like this plays out. Most likely it won't be so nice and pretty, but end result just the same. #CupAndHandle #AscendingTriangle #ATH