Could we get better position to enter?This is my idea of how DOGE will go in near future. I think DOGE is still consolidating like BTC, looks like we might see little pullback to 0.12-0.13 area. That means completing 5 waves of Elliot wave theory. 0.13 might sound awful for those who invested in, but if DOGE ever hit 0.12 area again that means checking that area 3rd time and its gonna be huge confirmation to go up, maybe even higher high. Unless DOGE could close candle above 0.18 in 1D and 1W timeframe it is most likely to go down before the big impulse.
Bullrunincoming
Altcoin Season Incoming? Big Pump Potential!Similar to TOTAL, there is still a big chance for a pump higher to the green zone area of 858.309 - 876.481B. If this happens, it could signal the beginning of an altcoin season bull run. However, it might not be that easy to pump to that level; I believe there will be one more dip to shake out retail investors and crypto enthusiasts, making them scream "crypto scam" again before the real bull run occurs when people are skeptical about the market.
Binance Coin - A 10.000% TriangleHello Traders and Investors, today I will take a look at Binance Coin.
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Explanation of my video analysis:
After the beautiful break and retest on Binance Coin back in 2020, we saw an insane rally of roughly +10.000% towards the uspide. Then BNB topped out in the beginning of 2021 and created a descending triangle formation. We saw a bullish breakout on Binance Coin just four months ago and maybe we can even see a similar move of 10.000% towards the upside from here.
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Keep your long term vision,
Philip (BasicTrading)
#DOMINANCE UPDATE!#DOMINANCE UPDATE
In the short-term, a symmetrical triangle pattern is forming within the dominance trend, with the current trading activity occurring above the lower support level. It is important to exercise caution, as a breakout or breakdown of this pattern will confirm the next move in the trend.
Stay tuned
[BTCUSD] - BULL RUN INCOMING!!Bitcoin halving is only 35 days away.
as shown in the 2w chart after the halving bull run get started.
this was repeated over a period of about 12years , even with the difference in price behavior in each bull market.
so any dips is a chance to accumulate more.
up only imminent , just a matter of time.
Dont forget to support us with ur like, comet and follow for more updates.🎯
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 !
btc movement ideahow we se my last prediction come true we are getting into the bull run all these fuds so in short term today i think tehre is chance to drop price and drag it into 46-47 zone for consolidation depending on that under 47K there are tons of 100X levereged longs which can be liqidated by liq hunters and bears stay safe Daimonds hands
Is it time for CFX? Thanks to SEC's BTC-ETF approve alt-season is gonna carry on. What I am looking at is 70% potential move and beautiful triangle pattern after big impulse in October. We need only one confirmation to go up which is break the downtrend channel in 1D TF, also closing candle around 0.22 in 1D TF is gonna be huge confirmation too. I will be taking profits at those green lines.
BTC/USD Bullish movementHello Crypto Enthusiasts,
🚀 Exciting news! Master Chef is back in the kitchen, ready to serve up some piping hot hypotheses on crypto tokens, including potential meme tokens for us all to feast our eyes on! 🍲 Today, let's delve into why BTC is set to soar to new heights.
1.) 📈 EMA Health Check: The 4-hour time frame EMAs are looking fit and fabulous. Could this be the start of a glorious trend continuation? Let's explore!
2.) 🚀 Bullish Pennant Unveiled: Post-recent pump analysis reveals a promising bullish pennant formation. Buckle up for potential upward swings!
3.) 🌕 Bullish Moon Vibes: Riding the wave of a bullish moon cycle. The stars (and the moon) are aligning for a probable continuation of the upward trend.
Hold on to your seats, as my next post and surprise live video session won't just be about the crypto classics. I've got my eyes on a mysterious meme token that has captured my interest. 🕵️♂️
Tap that ❤️ and hit the share button if you're hungry for more insights and want me to uncover a hidden gem in my upcoming posts.
Let's cook up some crypto magic together! 🔮✨ #CryptoMagic #BitcoinRising #HiddenGems 🚀🌙
Second chance to buy Polkadot?As we know Dot hit rock bottom in October. Since then Polkadot didn't even consolidate, maybe did some pullbacks. This is my idea of how it will go in near future. First support zone is around 6.6-6.8 which is minor support zone. If first support zone can't hold Dot above we most likely to see 5.5-5.75 zone which is a major support zone. And I will be looking for Long position entry either futures and spot.
Can Shiba Inu make 400% move?As you can see Shiba haven't made any pullbacks since it made higher high. Now it's looking positive after 2 years. What I am seeing now is Bearflag, Double Bottom, and checked downtrend channel third time and ready to break it and make higher low's. Closing candle around 0.00001214 is gonna be huge sign to go even further. That means breaking Double Bottom's neckline and Downtrend channel. I will be Taking Profits at those green lines.
USDT.D Monthly Rising Wedge Breakdown!📈 USDT.D Monthly Analysis: A Rising Wedge Catalyst for the Crypto Bulls 🚀
Traders and crypto enthusiasts, buckle up for a potential game-changer as we dissect the monthly chart of USDT.D (Tether Dominance). The recent confirmation of a rising wedge pattern has set the stage for what could be the ignition point for the next crypto bull market.
🔍 Analyzing the Rising Wedge:
The rising wedge, a classical chart pattern, is now unmistakably confirmed on the monthly timescale for USDT.D. This wedge is characterized by narrowing price action, indicating a tightening range between support and resistance. Historically, when a rising wedge forms, it often resolves with a breakout to the downside.
📉 USDT.D Descends, Crypto Assets Ascend:
Traditionally, when Tether dominance is on the decline, it tends to signal a shift of capital from stablecoins to riskier assets like cryptocurrencies. The decreasing dominance of USDT.D suggests a growing appetite for risk in the market, and we've seen in the past that this trend often coincides with bullish movements in the broader crypto space.
📆 Timing the Bullish Surge:
As we observe this rising wedge pattern on the monthly timescale, it becomes imperative for traders to monitor key support and resistance levels. The eventual breakout from the wedge could mark the onset of a new bull market for various cryptocurrencies. Keep an eye on price action around the wedge boundaries for potential entry points.
📊 Risk and Reward:
While patterns provide valuable insights, it's crucial to acknowledge the inherent risks in trading. Always employ proper risk management strategies and consider multiple indicators before making any trading decisions.
🚨 Stay Informed, Stay Ahead:
The crypto market is dynamic, and staying ahead of the curve is essential. Watch USDT.D closely in the coming weeks for any signs of a breakout or breakdown. The implications could be significant for the broader cryptocurrency landscape.
Remember, information is power in the trading world. Share your thoughts, analyses, and strategies in the comments section. Let's navigate these exciting market dynamics together!
📈💹 #CryptoAnalysis #USDTD #RisingWedge #BullMarketIgnition #TradingView 🚀
Echoes of the Past: BTC Price Action Resembling November 2020Fellow Traders,
In the current climate of extended BTC prices, many are on the lookout for a retrace. This anticipation is rooted in a traditional market rhythm where what goes up must come down, at least for a breather. However, it's crucial to cast our minds back to the 2020 scenario, where similar conditions were at play.
During November 2020, BTC experienced a significant surge, much like our current situation. The price was deemed 'too extended' by many, with calls for a retrace being echoed across the trading community. Yet, the expected pullback remained elusive, and the rally continued much longer than many anticipated.
The charts today are painting a familiar picture. Technical indicators and price action that closely resemble the 2020 playbook suggest we may be in for a repeat performance. If history is to serve as a guide, the retrace that seems so obvious may not materialize in the manner or magnitude expected.
It's a reminder of the market's capacity to defy consensus and continue on its path despite extended conditions. This is not to say a retrace is off the table, but rather that the market may not conform to the same patterns we rely on as signals.
As we move forward, let's keep an open mind to all possibilities. Whether or not BTC decides to take that breath we're all expecting, our strategies must be nimble, our risk management tight, and our perspectives unanchored from past events.
In Bitcoin we trust, but the market, we must adapt.
BITCOIN SHORTER TIME FRAME UPDATE Bitcoin (BTC) is currently operating within a bullish channel and has recently experienced a bounce off the support provided by the ascending trendline and the 100-day moving average (MA). The cryptocurrency is presently trading within the Ichimoku cloud, accompanied by the Relative Strength Index (RSI), signaling a bearish divergence move.
For bullish trend confirmation, it is imperative for the bulls to regain momentum and achieve a decisive breakout above the horizontal resistance level, approximately around 38,000. Conversely, a sustained breakdown of the ascending trendline would suggest the potential for a short-term correction.
In simpler terms, Bitcoin is following an upward trend, finding support at the ascending trendline and the 100-day moving average. However, caution is advised as the RSI is signaling a potential bearish divergence. A clear breakthrough above the resistance at 38,000 would be a positive indicator for a bullish continuation, while a sustained break below the ascending trendline could indicate a short-term correction in the market.
This chart is likely to help you make better trade decisions if you consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
"Bitcoin Halving: Your Complete Guide""Hello everyone, I hope you are all doing well. Without further delay, let's proceed to the chart."
"The Bitcoin halving is a significant event in the cryptocurrency market, happening approximately every four years. It involves cutting the block reward for miners in half, reducing the new BTC supply by 50%. The next halving is expected in early 2024, occurring after 840,000 blocks, and will decrease the mining reward from 6.25 BTC to 3.125 BTC per block."
"The hard-coded technical mechanism forms the foundation of scarcity, providing Bitcoin with its value proposition as verifiably finite digital gold. This comprehensive guide will delve into Bitcoin halving dates, their impact on price and mining, and why they hold significant importance."
What is Bitcoin Halving?
The Bitcoin halving refers to the periodic reduction by half of the block reward granted to miners for solving the cryptographic puzzle to add new blocks to the Bitcoin blockchain. This action effectively cuts in half the quantity of new Bitcoin introduced into circulation with each discovered block. Given the consistent reduction in supply alongside ongoing demand growth, these anticipated halving events typically trigger an increase in Bitcoin's market price over the subsequent 12–18 months.
Bitcoin was ingeniously designed with a fixed and capped supply of 21 million coins, gradually released through mining rewards. The periodic halving events are crucial to gradually diminishing new issuance until the total supply cap is reached. This systematic reduction in inflation enhances scarcity in a predictable manner.
Historical Significance and Market Impact
Each Bitcoin halving event has historically brought about significant market dynamics. Previous halvings have resulted in increased demand and subsequent price appreciation for Bitcoin. The decrease in block rewards directly influences the available supply, frequently creating a supply-demand imbalance that propels the price upward. After past halvings, Bitcoin has undergone remarkable bull runs, culminating in new all-time highs.
Implications for the Cryptocurrency Industry:
The Bitcoin halving event carries several implications for the broader cryptocurrency industry. Firstly, it reinforces Bitcoin's scarcity and limited supply, positioning it as a store of value akin to precious metals like gold. The halving also serves as an incentive for miners to secure the network by contributing computational power, as reduced block rewards can potentially impact mining profitability. Furthermore, the event heightens investor and public awareness, drawing attention to the innovative nature of cryptocurrencies.
Historical Bitcoin Halving Dates:
November 28, 2012 — Block 210,000 mined (Reward decreased to 25 BTC)
July 9, 2016 — Block 420,000 mined (Reward decreased to 12.5 BTC)
May 11, 2020 — Block 630,000 mined (Reward decreased to 6.25 BTC)
March 2024 (Estimated) — Block 840,000 mined (Reward expected to decrease to 3.125 BTC)
Halving Price Impact Patterns:
While various complex macroeconomic and sentiment factors contribute to Bitcoin's well-known price volatility, halvings have consistently preceded significant bull runs.
Following the initial two halvings, BTC experienced substantial increases within 12–18 months. For instance, Bitcoin was valued at under $12 during the first halving in November 2012, soaring over 100x to approximately $1,150 by December 2013.
The 2016 halving foreshadowed Bitcoin's remarkable 2017 bull run, reaching nearly $20,000. Just nine months after the May 2020 halving, Bitcoin reached new all-time highs surpassing $64,000 before retracing to a lower trading range.
This recurring pattern supports the notion that halvings shape Bitcoin's boom-and-bust cycles by significantly limiting new supply issuance while user adoption and demand continue to grow exponentially.
However, accurately predicting the timing and magnitude of peak prices following halvings remains challenging due to the multitude of variables influencing market sentiment swings.