BTC BREAK OUT DONE! READY FOR $100K!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis.
Welcome to this BTC update!
BTC looks good here. BTC recently broke out of a bull flag pattern on the daily timeframe and has held above it so far. This could be a sign of continued bullish momentum. After this successful retest, expecting another leg up.
Target:- $130k
Invalidation: A daily close below SWB:69K will invalidate this bull flag.
What do you think about this setup? Share your views in the comment section.
Corecrypto
AI/USDT POTENTIAL BULL FLAG FORMATION! NEXT LEG UP SOON!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
AI appears to be forming a bull flag pattern in the 4-hour timeframe. A breakout from this pattern could signal a significant price increase. Once it breaks out from the flag, we can expect a good 40-50% upside move. Accumulate in the green zone.
Possible Entry & Targets:
Entry: Current Market Price (CMP) and potentially add more up to $0.97
Potential Targets: $1.07, $1.18, $1.34, $1.52
Stop-loss: $0.92 (Consider setting a stop-loss based on your risk tolerance strategy).
Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested.
Let's Discuss
What are your thoughts on AI's current price action? Do you see a bull flag pattern? Share your analysis in the comments below!
ETH: Descending Triangle Breakout on 4-Hour Chart!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis.
The interesting technical pattern forming for ETH on the 4-hour timeframe. The price appears to be consolidating within a descending triangle pattern. If a confirmed breakout occurs above the upper trendline, it could signal a potential price increase towards the $3800-$4000 resistance zone.
However, it's important to consider the invalidation point. A daily close below the $2900 level would weaken the bullish case for a breakout and suggest a potential decline.
What are your thoughts on this ETH setup? Share your analysis in the comments below!
THETA/USDT LONG SCALP SETUP!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to this THETA/USDT Trade setup!
THETA looks good here. Breaks out from the descending channel in a 4-hour time frame and is currently, trying to retest it. Long some here and add more in the dip.
Possible Entry & Targets:
Entry: $2.20-$2.25
Potential Targets: $2.38, $2.54, $2.78, $2.92
Stop-Loss: $2.10 (Consider risk management strategies and set a stop-loss that suits your risk tolerance.)
Leverage: Use leverage with caution. Consider low leverage (5x max) as suggested.
Let's discuss it!
What are your thoughts on THETA's current price action? Share your analysis in the comments below!
#BTC QUICK UPDATE: Support Zone In Focus!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis.
BTC is currently testing support around the $66,500 level. This area coincides with the 100-day moving average (100MA), which can act as a support or resistance level.
Two potential scenarios emerge:
Scenario 1: Support Holds: If the price finds support at the current level and bounces back above the 100MA, we could see a move towards $68,000-$70,000 in the near future.
Scenario 2: Support Breaks: If the price breaks below the $66,500 level and closes decisively under the 100MA, further downside towards $64,000 becomes more likely.
Important to Remember:
What are your thoughts?
Share your analysis and any questions you have in the comments below!
BONK/USDT LOOKS READY FOR A 100% PUMP!!Hey everyone! If you find this analysis valuable, please consider giving it a thumbs up and following for more content.
BONK is forming a potential inverse head and shoulders pattern. A confirmed breakout above the neckline could signal a significant price increase.
Here's what to watch for:
Breakout Confirmation: A candle close above the neckline strengthens the bullish case.
Volume: Higher trading volume on the breakout can increase confidence in the signal.
Possible Entry & Targets :
Entry: $0.025-$0.028
Potential Targets: $0.034, $0.042, $0.048, $0.060
Stop-Loss: $0.022 (Consider risk management strategies and set a stop-loss that suits your risk tolerance.)
Let's discuss it!
What are your thoughts on BONK's current price action? Share your analysis in the comments below!
#CORE/USDT#CORE
The price is moving in a bearish channel on the 4-hour frame and is largely sticking to it
The price rebounded well from the green support area at the 1.50 support level, which is a strong level
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with an uptrend
Entry price is 1.60
The first goal is 1.84
Second goal 2.10
Third goal 2.40
SHIB/USDT: Potential Breakout and Retest - Trade Idea!!Hey everyone! If you find this content valuable, please consider giving it a thumbs up and following for more analysis.
SHIB is showing some interesting signs on the chart. We've seen a potential breakout from a previous resistance level, and the price is currently retesting that level as support. Additionally, the 100-day moving average (100MA) is acting as potential support.
This could be a buying opportunity for those interested in SHIB. However, it's important to manage your risk. Here's a possible trade setup:
Entry: Current market price (CMP) with potential for adding more on a dip down to $0.000024 (be sure to use a stop-limit order for this)
Target: 80-100% potential profit (be sure to set realistic take-profit orders)
Stop-Loss: $0.00002225 (place a stop-loss order below the support level to limit potential losses)
Remember, this is just an idea, and the market can be unpredictable. Always conduct your own research before making any trading decisions. What are your thoughts on this SHIB setup? Share your analysis in the comments below!
Bitcoin Dominance at a Key Level: Altseason Incoming?What is Bitcoin Dominance?
Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that Bitcoin represents. It's a metric that shows how big Bitcoin is compared to all other cryptocurrencies combined.
How Does Bitcoin Dominance Affect Altcoins?
Generally, there's an inverse relationship. When Bitcoin dominance rises, altcoin prices often stagnate or decline. This might be because investors are moving funds into Bitcoin, perceived as a safer haven during market uncertainty.
Conversely, when Bitcoin dominance falls, altcoins often experience price increases. This could be due to investors seeking higher returns in the altcoin market or a perception that the broader crypto market is maturing beyond Bitcoin.
The weekly chart shows Bitcoin dominance reaching a critical resistance level. Historically, in 2016 and 2020, dominance reversals at this trendline preceded significant Altseasons (periods of strong performance for alternative cryptocurrencies).
While past performance doesn't guarantee future results, there's a possibility that a similar scenario could unfold this time around.
Here's what to consider:
Confirmation of Rejection: A clear rejection with a bearish candle formation at the resistance level would strengthen the possibility of an Altseason.
What do you think about this? Share your views in the comment section.
Thank You!
Possible BTC Breakout! Eyeing $70k!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as a potential support level.
Here's what could invalidate this bullish scenario: A daily candle close below $61.5k.
What do you think about this potential price movement? Share your thoughts in the comments below!
RUNE/USDT LOW RISK, HIGH REWARD SETUP!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to this RUNE/USDT Trade setup!
According to the chart, RUNE/USDT formed a bullish structure here and gave a breakout. There is also a 200MA support. It looks ready for a 100-120% pump from here. Buy some here and add more in the dip.
Entry range:- $5.9-$6.4
Targets:- $7.1/$8.2/$9.84/$11.32/13.88
SL:- $5.44
What do you think about this? Share your thoughts in the comment section.
Thank You!
#ETHUSDT UPDATE! FORMING BULLISH PATTERN!!Hello everyone! If you enjoy this content, please consider giving it a thumbs up and following for more crypto updates.
Welcome to this ETH/USDT Quick Update!
The chart suggests a potential bullish continuation for ETH. It's currently consolidating within a falling wedge pattern, historically considered a bullish reversal sign. There's also good support around $2900-$3000 (green zone). If the price holds above this level, a breakout from the wedge could be imminent, potentially leading to new all-time highs (ATH).
Here's what could invalidate this bullish scenario:
A daily close below $2820.
What do you think about this? Let me know in the comments!
#BTC: Upward Trend Emerging? Breakout from Falling Wedge PatternHello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Great recovery so far! After a quick dip to $56k, Bitcoin has shown some resilience.
As you can see on the chart, the price surged above the crucial resistance level of $62k, potentially confirming a bullish reversal or deviation. Additionally, the breakout from the falling wedge pattern adds further bullish technical momentum.
Based on this pattern, we could potentially see a price increase towards the previous high of $73,400. However, it's important to note that this is just a possibility.
Invalidation of this bullish scenario: A daily close below the $62k level would weaken the current bullish momentum. ⬇️
What are your thoughts? Share your technical analysis and insights in the comments below!
ONDO/USDT BULLISH STRUCTURE! READY TO PUMP 100% FROM HERE!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to this ONDO/USDT Trade setup!
According to the chart, it is forming a bullish structure. Breakout is also done and currently, retesting it. Buy some here and add more in the dip.
Entry range:- $0.80-$0.84
Targets:- $0.98/$1.22/$1.44/$1.84
Stop Loss:- $0.73
What do you think about this? Share your views in the comment section.
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ENA/USDT TRADE SETUP! READY FOR ATH!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to this ENA/USDT Trade setup!
According to the chart, it breaks out from the triangle and a retest is also done. The green area is good for accumulation. Buy some here and add more in the dip.
Entry range:- $0.76-$0.84
Target:- $0.94/$1.10/$1.26/$1.4
Share your views in the comment section.
Thank You!
ETH/USDT SHORT TERM BOUNCE EXPECTED!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to your ETH/USDT Quick Update!
Ethereum is currently trading around $3k level. The price is holding good support here and expecting a bounce from here up to the $3300 level.
Invalidation of this bullish scenario is if the price closes below the $2900 level.
Share your views in the comment section.
Thank You!
I
BTC QUICK UPDATE!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
Welcome to your BTC/USDT Quick Update!
The chart on a lower timeframe shows a breakout from the symmetrical triangle, indicating a potential bearish trend. However, strong support sits at the $59,000-$60,000 level. We might see a bounce from there. If we break below this support, there's a high chance of visiting the $52,000-$53,000 level.
What do you think about this?
Share your views in the comment section.
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PEPE/USDT READY TO LIFT OFF!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this PEPE/USDT trade setup.
Breaks out from the falling wedge-like structure, a retest is also done and is now ready to go upside. Buy some here and add more in the dips.
Target:- 70-80%
SL:- $0.006
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ETH/USDT BULLISH PATTERN! READY TO GO UPSIDE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this ETH/USDT Update.
ETH/USDT is forming a bullish Adam & Eve double bottom pattern, suggesting a potential trend reversal towards higher prices.
Analysis:
Adam's Cup: We see a clear downward movement followed by a rounded bottom reversal, forming the left cup of the Adam & Eve pattern.
Eve's Cup: The price is completed with a similar rounded bottom, potentially forming the right cup (Eve's cup) of the pattern.
Neckline: A trendline can be drawn connecting the lows of both cups, forming the neckline. A breakout above this neckline is already done and it is a bullish signal.
Indicators:
Moving Average: The price is also breaking above the 100D moving average.
Target:
The measured move target for the Adam & Eve pattern would be the height of the first cup (Adam's cup) added to the breakout point above the neckline.
Stop Loss:
A stop loss can be placed below the neckline for risk management.
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BTCUSDT - Parallel Channel Breakout: Potential 10-12% Pump!!Bitcoin (BTC) has just broken out of a well-defined parallel channel on the hourly timeframe, suggesting a potential bullish move.
Breakout: Price action has decisively closed above the upper trendline of the channel, indicating a shift in momentum.
Target: A 10-12% pump from the breakout point could push BTC towards the next resistance level at around $72,500
Indicators:
EMA: Holding well above the 50EMA and 100EMA.
RSI: The RSI is currently below 70, indicating room for further upside potential.
Long Entry: Consider a long position after a retest of the broken channel's upper trendline as support.
Stop-Loss: Place a stop-loss below the broken trendline for risk management.
Take-Profit: Target a 10-12% profit at $72,500 or adjust based on your risk tolerance.
Alternative Scenario:
False Breakout: If BTC fails to hold above the broken trendline and falls back into the channel, the bullish thesis weakens.
Remember: The market is dynamic, and breakouts can be false.
Always manage your risk with proper stop-loss placement.
Conduct your own research before making any trading decisions.
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Core Bullish Run with Weekly BreakoutCore (Coreusdt) has exhibited a bullish sign with a breakout in the weekly time frame. Currently trading at $1.26, the next resistance level lies at $1.51 .
A successful breakout above $1.51 could see the Core surge further to $2.54 .
On the downside, potential support sits at $1.00 in case of a pullback.
CORE SEEMS TO ENTER A NEW BUILDING TREND (CYCLE)Based on our study, CORE appears to be experiencing a significant upward trend, suggesting potential for further growth.
CORE is showing interesting indicates data trends both technically and in terms of data analysis.
we will follow its progress to see if it reaches the $1.11 mark soon.
we will continue to monitor CORE for any new updates. The current cycle for this coin cycle began at $0.58 and it's already gaining traction.
note that this update is not trading advice.
LONG ETH FOR A TARGET OF $2350!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this Quick ETH update.
ETH looks good here. Breaks out the cup and handle pattern in a 4-hour time frame and currently going for a retest of the neckline. You can open long here and add more near the retest of the neckline.
Target:- $2350-$2400
SL:- $2060
Lev:- Use low lev.
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