Comparing Christmas 2020 vs 2024#Altcoin Marketcap #Analysis
Description
---------------------------------------------------------------
+ Comparing the altcoin marketcap on 2020 vs 2024 Christmas (pre bull run years), during the christmas week altcoin had a significant drop in the marketcap and after holidays we saw significant growth in the marketcap pushing the altcoin prices higher.
+ I'm seeing similar pattern in this bull run, in 2025 we are doing to see a huge bull run and during this Christmas week it was expected to see some drawdowns.
+ I'm expecting the market to see a complete recovery in the first two weeks of the Jan 2025.
+ I'm doing DCA for most of my Altcoin holdings and increasing my investment in some AI based tokens.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Btc-e
GALA: Channel Breakout to Golden Zone - 40% Upside TargetHere's a professional TradingView analysis for GALA/USDT:
Technical Analysis:
Key Levels:
🎯 Entry: 0.035 USDT
🎯 Target (TP): 0.050 USDT (+40%)
📊 Current Price: 0.035 USDT
📈 Volume: 90.38M
Pattern Structure:
• Trading within descending channel
• Double resistance confluence at target zone
• Channel breakout setup forming
Trade Setup:
1. Entry Setup:
- Entry at 0.0356
- Clear channel breakout formation
- Volume accumulation phase
2. Target Analysis:
- Primary target: 0.05
- Confluence with major resistance
- Potential 40% return from entry
3. Key Technical Factors:
- Descending channel boundaries clearly defined
- Wave pattern projecting upward movement
- Multiple timeframe confluence (4H chart)
Risk Management:
• Set stops below recent lows
• Risk:Reward ratio approximately 1:4
• Consider scaling in at entry zone
Timeframe:
• Chart: 4H BINANCE
• Target Timeline: Early January 2025
Note: This is technical analysis only. Always manage risk appropriately and DYOR.
#GALA #USDT #Crypto #TechnicalAnalysis #Trading
$PAAL A Good Crypto CoinPaal AI, now partnered with IBM and Google Cloud, is revolutionizing the AI landscape!
Backed by a cutting-edge token on Ethereum, $PAAL offers more than just utility—it delivers profit-sharing and buybacks to increase demand and enhance value.
Paal isn’t just a project; it’s a movement redefining how AI and blockchain merge.
Im bullish.
Bitcoin Short - Final Squeeze?Negative ETF Inflows and positive ETF Outflows. We go after data right? I'm bearish until ETF data prooves otherwise. Which level will be the final one? I'm deciding on speed and time above 100k. For now target is 104-105.5. If we hover around several days at 100k without hitting any, I'm more into the 103 lvl.
BTC / USDT Update During Christmas Days```During the Christmas holidays, minor corrections occur due to low volume```
A major correction has already occurred from 108K, as predicted. Now, hopefully, one more correction will happen during the Christmas holidays. However, the trading volume during Christmas 🎄🎁 will likely be low. Gradually,is expected to move upward 📈, breaking 108K, creating support at 105K, and then heading toward its next and final leg up to 123.5K, 143.5K, and 163.5K.
After that, the bear market will hopefully begin, likely around March/April, with a maximum extension until May at the latest.
I will update you before the market peaks, the bear market starts, or the time comes to exit the market based on my system.
Bitcoin can little correct and then continue to grow in rangeHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price declined to the resistance line and rebounded at once and made impulse up. BTC rose to a support level, which coincided with the buyer zone, but firstly it made a small correction and some time traded below the 92500 level. Soon, the price broke this level, after which it started to trades inside the range, where it at once made a retest and tried to grow, but later corrected the support level. Next, the price continued to move up and reached the resistance level, which coincided with the seller zone, after which corrected the resistance line. After this movement, BTC at once rebounded and rose to the seller zone and even higher, breaking the 103500 level. But soon, the price turned around and dropped to the support level, breaking the resistance level with the resistance line. Then the price turned around and a not long time ago started to grow. For this reason, I think that Bitcoin make a small movement down to almost the support level and then continue to grow to the 103500 resistance level inside the range. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
AUCTION/USDT: Major Trendline Break +90% Upside TargetAUCTION/USDT BREAKOUT TRADE
SETUP
• Major trendline break: $22.54
• Volume spike: 1.4M
• 8-month downtrend reversal
TARGETS
TP1: $33.01 (+46.45%)
TP2: $43.19 (+91.61%)
EXECUTION
Entry: $22.54
SL: Below recent swing low
Scale: 50/50 at TPs
BIAS: BULLISH
✓ Trendline break
✓ Volume confirmation
✓ Higher lows structure
✓ S/R flip zone: $22-28
RISK/REWARD
R1: 1:2.8 (TP1)
R2: 1:4.1 (TP2)
KEY LEVEL: $28.00
Previous resistance becomes support
⚠️ DISCLAIMER
• Not financial advice
• Past performance ≠ future results
• Markets are high risk
• Only trade what you can afford to lose
• DYOR - Do Your Own Research
• Author may hold position in AUCTION
BTC is approaching the 99,000 resistance zone,BITSTAMP:BTCUSD BTC is approaching the 99,000 resistance zone, where selling pressure could emerge. If this level holds, the downside target remains at 86,000, which aligns with a significant support level. Keep an eye on price action and momentum indicators for confirmation before entering a position.
Entry Position:
- **Sell Entry:** Around 98,900–99,100 (to account for potential resistance zone fluctuations).
Stop Loss:
- **Stop Loss:** 99,600 (above the resistance zone to manage risk).
Target:
- **Take Profit:** 86,000 (key support zone).
Risk-Reward Ratio:
- Ensure the risk-to-reward ratio is at least 1:2 to maintain a favorable trading setup. Adjust your position size accordingly.
Keep monitoring for bearish confirmation signals (e.g., rejection wicks, bearish divergence, or a breakdown of intraday support).
EIGEN Price Analysis – Key Levels and OutlookRecent Performance:
Retracement: EIGEN has retraced to the midpoint of its November-December rally, testing a critical support zone as it approaches a period of heightened supply due to a token unlock event.
Higher-Timeframe Support: Begins at $3.3792, corresponding to the high of the November 25th bullish gap.
Support Levels:
Primary Support Inside Gap:
$3.3000: November 11th's weekly high, offering initial support within the gap.
$3.1911: November 4th's rejection level, representing stronger secondary support.
Deeper Support: If the gap fails, the next significant zone lies at:
$2.8932: November 24th's bullish gap.
Aligns with November 11th's weekly accumulation midpoint, providing robust support for potential reversal.
Upside Targets:
Short-Term Resistance:
$4.4820: December 21st swing high, where bears’ stops could cluster.
$4.6355: December 14th rejection, likely to act as a significant resistance level.
Long-Term Targets:
$5.0213: December 16th's distribution zone, beyond which resistance appears minimal, allowing for potential price discovery.
Key Considerations:
Token Unlock Impact: Bulls may wait to absorb the newly unlocked supply before initiating significant buying activity.
Breakout Conditions: A decisive move above $4.4820 with volume could trigger a cascade of short covering, driving momentum toward $4.6355 and beyond.
Failure Scenario: A breakdown below $2.8932 would invalidate the bullish structure, signaling deeper retracement and potential accumulation at lower levels.
Bitcoin’s December Outlook: Consolidation or Trend Reversal?Bitcoin Bull Market: Is It Over? A Closer Look at December's Impact
Bitcoin (BTC) has demonstrated resilience in December, with a modest decline of less than 2.5% as traders anticipate the crucial monthly and yearly candle close.
BTC Price Performance in December
Despite being approximately $15,000 below its recent all-time highs, BTC/USD has only depreciated by 2.4% compared to its December opening. This positions Bitcoin as a strong performer in 2024, with the broader bull market narrative remaining intact upon a long-term perspective. Analysts project a potential 145% price increase for Bitcoin from this year's levels.
Key Insights for the Week
The coming week holds significant importance for Bitcoin's trajectory. A weekly candle close below $92,800 could signal the start of a bearish trend, potentially driving prices toward $79,580 and $71,400 in January. Conversely, if Bitcoin stabilizes above $92,800, it is likely to trade within the range of $92,800 to $103,760.
For a renewed bullish outlook, a daily candle close above $103,560 is critical, as it would pave the way for upward movements toward $127,510 and $149,100.
Key Levels to Watch
Pivot Line: $92,800
Support Levels: $79,580, $71,400, $64,920
Resistance Levels: $103,757, $127,511, $149,100
Trend Outlook
Consolidation: Between $92,800 and $103,760
Bearish Trend: Below $92,800
Bullish Momentum: Above $103,560
BITCOIN in a LIVERMORE FunnelThe accumulation and distribution volume matches the positive and negative money flows of the first 5 waves in a Jesse Livermore stock cylinder.
Will wave 6 see a rush of positive money flow into #Bitcoin into the end of the year?
Let's see
If it does
then that will further cement this pattern of accumulation , sideways movement then breakout with continuation of buying power into the Bull market top.
Let's observe this in real time shall we?
Should be a fun few months ahead of us after a long period of churn.
S/O to @arvine11 for bringing up the Livermore stock trend analysis.
A Bullish Merry BTChristmasGlad this year Christmas isn't different from others before it, for all Crypto traders.
Bitcoin CRYPTOCAP:BTC flipped bullish on the eve of Xmas. My Yellow trend line was a huge confirmation for me. It reclaimed and broke above it.
3 Green back-to-back candles in 1 minute ✨✨✨
Happy Merry B-T-C hristmas 🎄🎅
Beautiful trade year for me and the entire Bulls
Bitcoin price is on a crossroadHello, Traders!
After reaching a new ATH at $108k, Bitcoin experienced a significant drop following Jerome Powell's speech that the Fed cannot hold Bitcoin and is not seeking to change that, which seems to have caused some uncertainty in the market. As a result, BTC price saw a steep decline, but it recently rebounded, almost touching the $100k level again.
The current focus for Bitcoin is a critical support area at around $91k. This area has held up well in recent price action, and we saw a recovery bounce from this region again. There is a strong chance that BTC could revisit this support area in the coming days, and it could provide another opportunity for a potential rebound. This support area is essential because it represents a significant price range where buyers have stepped in to defend the uptrend.
If Bitcoin does test this zone again and holds above $91k, the probability of a further upward move remains high.
In addition to the immediate price action, there’s a key factor to consider: the monthly candle close. Bitcoin needs to close the current monthly candle above $96k for the market to maintain its bullish sentiment. A green monthly close at this level would provide strong confirmation that the overall trend remains intact and that BTC is on track for further price appreciation.
The next few days are critical for determining whether BTC can sustain momentum to close the month in the green. If Bitcoin can hold above $96k by the end of the month, it would signal that the upward trend is still in play and that a continuation toward higher levels could be on the horizon.
Looking ahead to next week, there are two possible scenarios:
1. Continued Support Test: Bitcoin may dip back towards the $91k support area. If this area holds strong, it could set up another bullish reversal, targeting a move back toward the $100k area or even beyond.
2. Break Below Support: If Bitcoin fails to maintain support in the $91k area, we could see further downside, potentially testing lower levels. In this case, caution is warranted, as the next major support zone would be considerably lower.
Conclusion
The next week could be crucial for Bitcoin’s price action. A monthly candle close above $96k would reinforce the bullish outlook, but if Bitcoin fails to hold support or closes the month in red, we may see more volatility in the near term.
Please don’t forget to boost this idea and leave your comments below.
BTCUSDT Long - Short SqueezeFunding rate at its lows. I am expecting a short squeeze from the marked area. I'm bearish overall and will short around the marked levels (from 103k) based on the ETF inflows / outflows. Time / speed above 100k will tell which level will have the biggest chance of being the top.
BTC/USDT Analysis. The price is currently bouncing off the mid-level of the channel, aiming for the upper resistance near $110,000.
$92,500–$95,000 (green area): This is a strong horizontal support area that aligns with the lower boundary of the channel. It has been tested multiple times and is holding well.
A breakdown below this area could signal a move towards $85,000 or lower.
$100,000 (psychological resistance): A crucial level that needs to be cleared for the uptrend to continue.
$110,000: Upper channel resistance and next major target.
The 21-MA (black line) is acting as immediate support, while the 50-MA (red line) is moving upwards, indicating bullish momentum.
Bitcoin recovering and continuing to stay above the moving averages is a positive sign.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin