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Bullrun

Why do I believe in Plexus and hold PLX tokens? BITGET:PLXUSDT Here are some reasons why I am very bullish about this project: • the project really has functionality, it is used every day, including me. Plexus is a Cross-chain DEX aggregator. It guarantees the fastest, the cheapest and the most secure multi step swaps across all blockchain networks and bridges with a single transaction. With the Theta algorithm based "CCRP (Cross-Chain Routing Protocol)" and the maximized UX, PLEXUS will become the best one-stop DeFi platform where everyone can exchange any asset on any blockchain seamlessly www.plexus.app • the project has a very low capitalization, it is only about 900k dollars and very low price only 0.02$, its only 2x from IDO price (as of 23.12.2023), so a min. 100x increase in price is very possible in this bull market; • low token emission (max supply 500,000,000 PLX) and now (23.12.2023) in circulation are only 40,000,000 PLX which is equal to 8% of total supply; • the team successfully raised more than 500k dollars on such launchpads as Seedify, Redkite, Spores; • PLX tokens are traded on one of the best crypto exchanges (Bitget) and there is a stable daily trading volume of 100k dollars. Even very good and fundamental projects do not always have such a trading volume now; • the project has more than 30 partners, including such giants as Chainlink, Kava, Linea, Startgate, Amber There are many more reasons why I believe in this project, but it will take a lot of time, so I advise you to learn more about this gem on your own. I will say briefly. In this bull market that is approaching day by day, my goal for this project is a price of at least 2$ per PLX token. HODL
PLong
by Nikko23
ETH BEARISH DIVERGENCE?ETHEREUM along with BITCOIN have both produced huge gains this year with ETH up 93.66% and BTC at 166.35%. For me ETH is at a crossroads and the positives and negatives in my opinion are as follows: POSITIVES: - The market looks strong, consolidation periods are not long in duration, and price has just broken out of a long term range. It looks like crypto interest has returned and with ETF decisions in sight it looks like the sentiment is LONG into this news event. - Fundamentally ETH is in a strong place right now, it recently gained 'deflationary' status too which helps the supply/demand dynamic for the bulls. - ETH tends to follow suit after BTC, so when BTC goes up the profits rotate into ETH when BTC is consolidating and then it catches up. Since BTC is so far ahead in terms of %gain this year I do believe ETH is due it's major rally however I don't think it will come soon, I can see BTC continuing to dominate it for some time until the BTC ETF narrative has passed and the final blow off top at the end of the Bullrun which is some time away, 2 years or so... NEGATIVES: - It looks like we're at resistance on the volume profile after a huge rally with very few pullbacks. - Reliant on BTC to maintain the move forward. If BTC falls off a cliff it will bring ETH down with it. - Major bearish divergence on the 1D timeframe. - Approaching overbought on the weekly time frame. - Euphoric sentiment, both on CT but also in your own feelings. If you've been into crypto for a number of years you would know getting euphoric often leads to returning any gains that were made. - New yearly high for the fear and greed index @ 75. To conclude, I am still macro bullish on ETHEREUM. Over the long run (next 2 years) I have no doubt ETHEREUM will see new highs. However, I do want to be wary of a pullback , not just for ETH but also BTC as altcoins are subject to any changes in BTC which has gone parabolic in recent days. This coupled with the bearish divergence means from a Technical analysis standpoint maybe this is a good time to take profits. From a fundamental analysis standpoint the market is strong and everyone is euphoric. What happens next will be decided by people being bullish team FA or if people are team bearish on TA.
BITSTAMP:ETHUSD
by ProR35
2
18/12/23 Weekly outlookLast weeks high: $43813.15 Last weeks low: $42006.79 Midpoint: $40200.42 BTC spent the previous week chopping sideways for the majority after failing to continue its bullish structure on the 1h timeframe. For now we're seeing a pullback of ~10% which has allowed profits to rotate into other areas of the market, predominantly smaller cap L1's and other narrative plays such as AI, RWA & gaming coins. The market has needed a pullback/correction after near relentless run. As we near the ETF approvals and the halving volatility will only increase from here. Buying double digit drawdowns on these projects and holding long term is a good way to DCA in for this Bullrun. see my last post for the big picture Bullrun setup. If we see price drop before weekly low and print a new lower low the next support is 38K and 32.5k lower than that for great long term entries.
INDEX:BTCUSD
by ProR35
🌌 Cosmos (ATOM) Analysis: A Complex Journey Unfolding! 🚀The chart analysis of Atom, or Cosmos, presents a visually intricate scenario. On the daily chart, we've recently witnessed the completion of Wave 2. This structurally aligns with a larger 1, 2, 3, 4, 5 wave pattern. This, in turn, is part of a broader five-wave structure. Currently, Cosmos doesn't seem to offer an opportune entry point. I anticipate Atom to complete Wave 3, reaching approximately $13.50, and subsequently forming Wave 4. Once weakness appears in Wave 3, signaling a potential Wave 4, I'll issue a limit order. As of now, entering this trade doesn't seem favorable due to elevated risk. Stay tuned for potential entry opportunities. 🌌🚀
BINANCE:ATOMUSDLong
by stromm_by_wmc
04/12/23 Weekly outlookLast weeks high: $44745 Last weeks low: $42371 Midpoint: $39998 BITCOIN reaches just shy of $45K in what has been a huge continuation of the bullish trend we've experienced all of this year. A pattern I have noticed and one that can usually be seen in market environments similar to this is: 1. Strong move, usually only a few candlesticks. 2. Consolidation, sideways movement at new level. 3. Repeat first two steps. With each step up, consolidation is getting longer and the rally shorter which shows the market is running out of people willing to go long at this price as selling pressure increases drastically. At the time of writing priced has fallen 7% as the new week has started, with a new lower low, printing a new lower high could show the trend shifting towards short term bearish. This would be healthy for a week or two in my opinion as there hasn't been a healthy correction for a while, 32.5K retest is the obvious place for price to want to retest as new support, this would also be bad for alts as leverage gets flushed out potentially. Now if BTC stagnates the altcoins will have a chance to run as profits flow into altcoins. The range midpoint is a very important level that will determine short term direction.
BITSTAMP:BTCUSD
by ProR35
Worship the 200MA with the JSE ALSI 40 - But we will break up!The JSE ALSI 40 once again tested the 200MA. It then retreated back with its tail between its legs. However, the drop has not been aggressive and big. So we can make an assumption that this is a current dip that will cause a rounding bottom. If this is true, it will complete a Cup and Handle formation. And when the price breaks above the brim level we could see 80,000 on the cards. With the Santa Claus rally and positive sentiment with the interest rate hikes being halted in the US and the weakening dollar - It looks like we will continue to see its rally. Happy to be in the markets during this time. But if there is ONE lesson to take in, worship the 200MA to determine the CURRENT trend. Break above 200MA and it's a slay up from there.
JSE:J200Long
by Timonrosso
1
ETH - Wait For The Bulls 🏆Hello TradingView Family / Fellow Traders, ETH has been overall bullish trading inside the rising channel in blue, and it is currently in a correction phase retesting the lower bound / blue trendline. Moreover, it is approaching a strong support zone 2150.0 🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the red support and lower blue trendline acting as a non-horizontal support. 📈 As per my trading style: As BITRUE:ETHUSDT approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
4
🏔️ Avalanche (AVAX) Insights 🚀Avalanche's price has skyrocketed recently, especially in the past few days. However, I anticipate that we might be approaching the end of this upward trend, and a significant correction for Avalanche could be imminent. Looking at the recent price action starting from the low in September, we've completed a Wave 1, followed by a Wave 2 correction, a swift Wave 3 with a quick Wave 4 beside it, and currently, an impulsive Wave 5 in progress. While a short-term correction might be on the horizon, I still anticipate that even with a shorter correction, Wave 5 will likely conclude, possibly in early 2024. Subsequently, we might see a downturn towards the $25 to $16 range. The exact timing remains to be seen, but it seems like Avalanche's current high levels might not be sustained for much longer. 📉💨
by stromm_by_wmc
🚀 Uniswap Analysis: Unleashing the Potential!Uniswap presents an intriguing yet complex chart. I believe we are in a primary Wave (1), Wave (2) structure (Dark Blue). This has formed a Wave 1, Wave 2, and is now in the process of forming Wave 3, which is simultaneously a Wave C or a sub-wave (v). Following this, we expect Wave 4 and then Wave (v) or the overarching Wave (3). With this structure, we anticipate a substantial increase, reaching at least the Level (1) target, which should be achieved, especially if considering only a Wave C. Given that Wave ((B)) forms a Flat, a standard Flat implies a 100% correction. Therefore, aiming for around a 70% minimum target post-entry zone makes sense. 📈✨
BITFINEX:UNIUSDLong
by stromm_by_wmc
Cardano - Bullrun incoming?🚀 With cryptocurrencies now in the spotlight, they've captured my attention as well. I've refreshed my chart; I hope you like the new look. Now, back to Cardano. Cardano is showing weakness in Wave 3, and I believe we'll soon witness Wave 4 before proceeding with Wave 5. Wave A should now be forming at the 23.6% Fibonacci Retracement. Then comes Wave B—exact levels are still unclear. However, Wave C or Wave 4 should follow. Once I pinpoint the location of Wave B, I'll provide more details and send out a limit order for Wave C or Wave 4. Wave 4 is our entry zone. 📈💫
BITFINEX:ADAUSDLong
by stromm_by_wmc
Media Network - MEDIAUSDC - Gems SeriesGreetings, Welcome back to Gems Series! Update on Dec 8, 2024 - The ascending channel pattern is still intact and with other alts moving, this looks ripe to break out soon. Idea Published On Dec 7, 2024 - Today we will be talking about Media Network and it's token MEDIA. This coin recently had a breakout after a long period and it appears like the bottom is in. Since the breakout it has consolidated and created an ascending channel which may give way to a move up soon. Here is the report on the selection criteria. 1- Project Status = Active 2- Industry = Data, Computing 3- Community Involvement = Healthy 4- Prominent Listings = Coinbase 5- MarketCap = $3M 6- Coin Supply = Cir: 250K, Tot: 10M This is a microcap project and have high risk but it is listed on Coinbase which is world's most trusted crypto exchange. Based on the factors, this coin has a potential for 10x to 100x (and due to micro cap even 1000x) rally. Yesterday we published this and another idea where we had shared link for of some other platforms where we are present which was against TradingView's house rules therefore both the ideas got banned. Please make sure that you do not make the same mistake. Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
COINBASE:MEDIAUSD
by figuring_out_the_dream
ETHUSD - Green Signal for Alt SeasonGreeting, Update on Dec 8, 2024 - Our analysis was 100% accurate about alt season as a lot of the alts have grown significantly over the last 24 hours. Since ETH's move up, it has been consolidating and giving room for other alts to grow. Idea Published On Dec 7, 2024 - While the whole crypto market has been led by BTC so far, ETH seems to be indicating that Alt Season is approaching if not here already. BTC created the bullish wedge pattern which a lot of the major alt coins replicated along with ETH as show on the chart. As BTC broke above that pattern, so did the alts. BTC has been consolidating currently and that has historically been the period when alt coins start to grow. ETH's move up indicates that very notion that the funds are now flowing in alts as BTC takes a breather before the next jump. This is a healthy sign since alt coins are usually where we find opportunity of multiple X growths. Our Gems Series is presenting all those opportunities to our followers. Let's hope we all make good returns in this bull cycle. Yesterday we published this and another idea where we had shared link for of some other platforms where we are present which was against TradingView's house rules therefore both the ideas got banned. Please make sure that you do not make the same mistake. Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
BITSTAMP:ETHUSD
by figuring_out_the_dream
$BTC Price Prediction: $136,000 (8 Green Weekly Candles Signal)We know a bull run is coming, with ETF approval and institutional money adding to volume early next year. But how high could BTC go? Here's an educated guess: We just closed 8 weekly green candles on Bitcoin. You can't see the last time this happened in many TradingView exchange charts, because it was back in 2017, and most of today's exchanges weren't even around back then. I had to look on INDEX:BTCUSD - dang, it's not working in this link, you have to type INDEX:BTCUSD into Supercharts, as they describe in the most complete Bitcoin trading history , to get to 17 April 2017, and count the eight green weekly candles to 5 June 2017. This was a move of 156%. After some consolidation, Bitcoin then went up in a bull run by 537%, to nearly $20k on 11 December 2017. This is a ratio of 3.4x. That's the ration for 156% for eight green weekly candles, followed by a 537% bullish move. Our recent eight weekly candles from FWB:27K to $44k is an increase of 61.53%. If we have a proportional bull move after some consolidation, 3.4x this 61% is 209%. That brings us to $136k for the top of the incoming bull run. This is all speculation, NFA, I'm just a dude on the internet, and I'm probably wrong. But these numbers look intriguing, and give me a plausible exit point for the trades I'm making today.
INDEX:BTCUSDLong
by tokentradertv
Bitcoin bear market is overI think we have made the bottom for bitcoin at 15-16k area and now we are in the accumulation phase of the crypto cycle. It is hard to say how long it will take, but I am more convinced towards the accumulation phase based on my analysis of the weekly chart. There are 3 major occasions during which we have tanked below weekly 21 moving average and immediately seen a spike in volume and came back above it. Every single time that this has happened, we have made new all time highs! I have also shared my thoughts on what will happen in short term going into 3rd May 2023 fomc rate decision.
Long
by chartmaster1991
04/12/23 Weekly outlookLast weeks high: $40446.2 Last weeks low: $38576.9 Midpoint: $36707.5 Going into the final month of the year BTC continues its march into the 40k region after flipping 38.5k (Midpoint) as new support. After the 5th attempt at flipping the key area bitcoin finally managed to breakthrough and with that a surge towards and beyond 40k soon followed. 42K is a huge HTF level for BTC, major reactions in price movement often start at 42k and so it's prone to volatility. During the 2020-2021 Bullrun price bounced off 42k as resistance on the way up, then it was support on the way down multiple times throughout that cycle. Currently there is a large bearish Orderblock located there and so I would predict that only a huge news event/ ETF approval or the halving itself would push us safely beyond this and claim it as new support. For now I am very hesitant to open any new longs, either we consolidate at the current level under major resistance in which case this is a great time to take profits and look to make plans to rebuy lower down as price drops off. For this week I'm looking at where I can get entries going into the new year, the ETF approval is on the horizon along with the halving. Binance has in a way been cleansed and so there really isn't anything holding back a full scale Bullrun. Half the supply & many times more the demand, thanks to BlackRock and other investment groups. We may only get one or two more opportunities for a great entry on a 2 year hold.
by ProR35