ETH - 4500 Soon 📈 If...Hello TradingView Family and Fellow Traders,
This is Richard, also known as theSignalyst.
📈 ETH has shown an overall bullish trend, trading within the rising broadening wedge pattern highlighted in red.
It's evident that ETH has been respecting significant round numbers, particularly the 500 marks.
Following its breakthrough above 3500, ETH traded higher to find resistance around 4000.
📈 To maintain control and drive prices higher towards 4500, the bulls require a daily candle close above 4000.
📉 In parallel, ETH retests the lower bound of the wedge pattern, we will be seeking trend-following buy setups on lower timeframes.
📚 Always adhere to your trading plan, especially regarding entry points, risk management, and trade execution.
Wishing you all the best of luck!
Remember, All Strategies Are Effective When Properly Managed!
~Rich
Bullrun
Ain't nobody got time for $Algo?Strong buy volume on the weekly candle above the 50 EMA + upper cloud.
Triggered a buy signal in my personal indicator.
Price is also at 2019 lows!
Cryptos could still drop before and after halving mercilessly, this will be the opportunity.
Open Long Position from 0.2500 with 10x leverage.
FLOKI Price Spike Due to Massive 190.91 Billion Token BurnFloki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) has seen a tremendous increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders.
In the last 24 hours, the SEED_DONKEYDAN_MARKET_CAP:FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, SEED_DONKEYDAN_MARKET_CAP:FLOKI was up 17% from the intra-day low at press time, trading at $0.0002465. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B.
Token Burn Effects on Market Dynamics
The decision to burn a massive amount of SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of SEED_DONKEYDAN_MARKET_CAP:FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, SEED_DONKEYDAN_MARKET_CAP:FLOKI experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data.
The decrease in supply and increased demand have often seen the currencies’ value rise. Market analysts perceive such a strategic token burn as an important event for SEED_DONKEYDAN_MARKET_CAP:FLOKI , pointing at its capacity for further development and stability in the erratic market of cryptocurrencies.
Following the token burn, the spike in SEED_DONKEYDAN_MARKET_CAP:FLOKI prices has provoked talks of what path the meme coin will take. Market participants closely follow the market to identify possible long-term effects of the slashed token supply on price stability and growth. Besides, the Floki team’s ongoing attempts to enhance the coin’s utility and interact with the community may support the favorable momentum.
Amidst token burns, the team has been working on new features and projects, including the Valhalla play-to-earn metaverse game, which is expected to generate even more interest and increase the adoption of the token.
Arbitrum is about to reach new all time highsArbitrum has broken out of a triangle pattern that is formed on the daily candle chart. The target of this breakout is showing $2.7. Despite the fact that Arbitrum is due to release a massive number of tokens, the coin can easily reach higher price targets as both Bitcoin and Ethereum have reached higher prices already. Furthermore, usually one week before when a project is releasing tokens the price gets pumped by 30% on average. After the release the price may experience a small pull back if the early investors star selling. Eventually, since we are in the early stages of a bull market even prices such as $3 or $4 are very possible to be seen very soon as the coin had fallen behind other coins and it has to catch up.
Arbitrum has a bright future. It has been adopted by the community since day one thanks to the project's generous airdrops. Additionally, due to the astonishing speed of the Arbitrum and its interoperability it can get to see even much higher prices in the up coming bull run. For example if the market cap of the Arbitrum goes as high as a project like Polygon the price of the coin can go up til $14 which is not so far fetched and it should be very possible.
CELR ANALYSIS🔮 #CELR Analysis —— BREAKOUT 🚀
💲💲 #CELR was trading in a Symmetrical Triangle, and breakout has already confirmed and also the breakout of major resistance zone, expecting bullish rally towards $0.07129 and more💰 In Coming Days ✍️ ✅
📊Current Price -- $0.03325
🎯Target Price -- $0.07129
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#CELR #Cryptocurrency #Breakout #DYOR
MOVR - MoonriverMOVR is about to start it's own personal bullrun. There will be nothing who will stop it, and I do believe we will see new ATH in 2025 or maybe even in 2024 as this year is already unpredictable.
Either get in now or regret later. When this one moves it will not wait for noone, weekly RSI just reset and we moon anytime now.
What Is Moonriver (MOVR)?
Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.
It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.
This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
BTC - Comparing Previous Cycles 🌊Hello TradingView Family / Fellow Traders,
For those who know me, it's clear I always like studying previous price action.
"Know yourself, know your enemy. Many battles, many victories."
~ Sun Tzu
I find the Bitcoin Daily Chart interesting as it is approaching its all-time high.
If we compare this impulse movement to the previous two, we can see that after 58 days , the correction starts.
And if we look closely at the correction phase, we can see that first it was flat , and then it got deeper . Just like waves, the bigger the impulse, the bigger the correction.
Thus, when this third correction phase starts, we can expect an even deeper correction .
The question is: when will the correction start, and how deep will it be?
What do you think?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC time to switch ?As things stand BTC will more likely break the ATH , been wrong past 6 months trying to catch a reversal , but i was playing also both sides.Half of my capital currently is invested.
I am still sitting on cash with more than 50% of my portofolio in usdt.
If we start breaking ATH first target is 86k based on fibonacci but also when looking at 2 previous highs there is a trendline that extends and it correlates with fib extension .
First fib extension is 86k , second one is 106k.
I still think a 30-40% drop has to occur.
If that happens ,buy the dip mode will be ON.
OPUSDT----> LONG(a Super Pump Coming)Hi Guys!
BINANCE:OPUSDT is one of the best in the market in terms of technical and fundamental aspects , and I know it's going to be the next BINANCE:SOLUSDT in the upcoming bullrun!
It looks like we will have a chance here to buy with a reward/risk of 10 if the yellow line broken and I personally wouldn't miss this opportunity if it happens .
Entry
above 1.5$ level
TP
Short-term 1.8$- 2.8$
Mid-term $3.5$- 5.5$
Long-term 7.5$ 10$
SL
under 1.3$ Level
What you guys think about $Optimism ?
1$ FETUSDT COMING SOON!HI Guys!
BINANCE:FETUSDT is one of the best in the field of artificial intelligence , which everyone, including myself, believes will experience great growth in the upcoming Bullrun .
My mid-term targets will be $0.5, $0.6, and $1 , but we have to wait for the pullback to be confirmed and completed before buying .
I think the price of 25 to 27 cents can be suitable for BUY .
Consider a possible stop loss lower than the price of 18 cents !
Bitcoin - Long-Term Log View - Update🎯Hello TradingView Family / Fellow Traders,
🖇 Following my last BTC Monthly log view analysis on November 11, 2022, we anticipated the bulls taking control after rejecting the lower green trendline and horizontal support.
Currently BTC is approaching its all-time high!
What's Next?
📈 If the current all-time high (highlighted in red) is surpassed, we anticipate a 254% increase, mirroring the last bull cycle. This aligns with the upper boundary of the green channel and the 200k - 250k round numbers.
⚠️ However, the journey may encounter bumps, leading to sharp correction movements to shake out weak hands.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
03/03/24 Weekly outlookLast weeks high: $64271.5
Last weeks low: $57579.4
Midpoint: $50887.4
BITCOIN ATH IS IN SIGHT!
A crazy final week of February closing the monthly candle with a record single candle gain in the history of Bitcoin! A +52.8% gain in a single month ($22,134.20) .
This price action has lead us to a situation that has never been seen before in this markets relatively short history... Never has BTC broken its previous ATH before The Halving , yet the we are currently -5% away from ATH with approximately 49 days to The Halving .
With new institutional buyers involved in this cycle it is clear the schedule for what we have become used to has been sped up significantly and we can now expect for the ATH to be broken even before the mining reward gets cut in half! Another metric that can be used to gauge our progress in the cycle is general sentiment and retail interest . So far the news cycle is quiet about crypto and the standard retail investors that general give a top signal are nowhere to be seen currently. This is all very bullish for the space and indicated room to grow.
For this week I will be planning how to preserve my capital and manage my greed accordingly. As it stands the FEAR AND GREED INDEX is 86 which should be taken into account. I do think once BTC breaks past its previous ATH the news will start to cover more stories about BITCOIN which could also bring retail investors to the table, maybe they forgot about their spot positions they bought at the peak of the last cycle and would look to cash out at break even and therefor increase selling pressure? That may not happen but planning for it helps in case it is a sell the news event.
My general thoughts for this Bullrun remain the same a buy and hold strategy will outperform the day trader but -30% flushes are perfectly normal in these conditions so it's always important have some cash in reserve to add to narrative plays.
Onto 6 figures high; halving around the corner.. Bullrun is HereBig drop supposed to happened and I thought so too but what happened?
BlackRock saved Bitcoin and other companies as well thanks to the ETF spot is in and approved otherwise Bitcoin would’ve be in the huge crash by now.
Bitcoin just went almost 80% gains all together for this month including the ETF.. but I did saw everybody post but Bitcoin crash when? Supposed too but Bitcoin got lucky and saved.
Now 65K climbed record high; does this mean a bullrun ? Should you buy? If you bought Bitcoin inside 16K you should’ve stayed in.. the last chance to get in was 60-65K so apparently 3 chances you get .. buy in 16K-35K, 40-55K and lastly 60-65K those are ranges chances to buy.. if it boost over 70K then your really are late and missed the opportunity of the lifetime. No need to buy all in.. can go 25$ or couple hundreds or thousands.
Remember use your proper bankroll management ; buy it in one time.. not multiple times because otherwise your gambling.
Buy it before your late.. sell the high to keep your profit inside 200K area.. don’t be greedy like the others. Buy it, hold it, new all time high hits.. big drop coming then that’s the part you sell the high and keep your profit and secured. Simple as that.
Buy bitcoin and sell at the new all time high
( DONT BE GREEDDY ; DONT GAMBLE )
BTC This cycle might actually be different.Bitcoin this cycle looks completely different than any previous one. We have never in the past gone up so high before the halving. There is no saying what BTC will do if we brake ATH pre-halving. Also the price mostly is driven by retail and ETF's no institutional buys yet. Google searches for "BTC" "Bitcoin" "Crypto" is still almost at all time lows.
When we try to chart, from now on DO NOT LOOK AT THE PAST CYCLES. It will mislead you.
Also indicators will try to screw us soon, so focusing on using more advanced tools than basic RSI will be needed. One advice - Learn to you Bookmap to understand what and how to follow BTC on there.
Makes and Breaks Level for BTC in Monthly Timeframe!!Technical analysis:
#BITCOIN (Monthly update)
* BTCUSD is trying to break the Raising wedge Pattern resistance in Monthly timeframe.
Bitcoin Bulls need to Reclaim the 66k Horizontal Resistance for further Upside movement ..
*BTC is now the most important zone right now, its makes or breaks level for bitcoin. if BTC doesn't break out may reach the 40k level again.
* RSI above 70 means bulls are in the upper hand, it will take the momentum from here and still have room to go upside..
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#bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed
Xrp appears t be breaking up from a 4hr timeframe invh&sAs always with any timeframes under the 1day, the reliability of chart patterns playing out starts to reduce the smaller and smaller the time frame you go to but the 4hr does seem to validate its fair share of chart patterns often enough to take this 4hr inverse head and shoulders serious. If it can reach it’s full target it will climb to 59 cents here Ithink the next few days to a week or two, however we can see the pump is currently running into some long standing resistance that it may take quite a few retests on before it can break through those and head to the full target. The good news is, in reaching the full 59 cent target by breaking above the current resistance, we will likely also trigger/validate the breakout of a much bigger higher time frame chart pattern or 2 that should hopefully create a domino effect and send price soaring in the near future. *not financial advice*