Get started

Corecrypto

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!
CRYPTOCAP:BTC.DShort
by CoreCrypto1
1
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!
Long
by CoreCrypto1
1
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!
Long
by CoreCrypto1
#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!
Long
by CoreCrypto1
#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!
Long
by CoreCrypto1
1
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. Thank You!
Long
by CoreCrypto1
1
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. Thank You!
Short
by CoreCrypto1
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. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
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. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
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
by SatochiTrader
1
ETH IS AT RESISTANCE! POSSIBLE LONG TERM SCENARIO!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this important ETH update. Currently, ETH is trading under the $2100 level. As you see in this weekly chart, ETH forming a cup and handle pattern here and trying to break the neckline. Once it breaks the neckline and the weekly candle closes above it ($2150) then we see a massive growth of 80-100% in ETH price. On the other hand, rejection from here might take us to the lower trendline again ($1600 level) and if this happens then it will be the best opportunity to buy ETH. So conclusion is we should wait for a clear breakout here or if breakout doesn't happen then buy near the yellow trendline ($1600) What do you think about this? Share your thoughts in the comments section. if you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
2
BTC: READY FOR ANOTHER LEG TO UPSIDE ($40K-$42k)!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC looks good here. Forming upsloping flag-like structure and currently, retesting the flag. After this successful retest, we might see another leg to the upside which is targeted to the $40k- FWB:42K level. Invalidation:- 4hr close below FWB:36K What do you think about this? Share your thoughts in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
3
OXT/USDT TRADE SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this OXT/USDT Trade setup. OXT looks good here. Breaks out from the symmetrical triangle. Currently, retesting the trendline. Long some here and add more in the dip. Entry range:- $0.073-$0.076 Target1:- $0.086 Target2:- $0.098 Target3:- $0.112 Target4:- $0.134 SL:- $0.070 Buy on the spot or use low leverage. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
ORBS/USDT TRADE SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ORBS/USDT Trade setup. ORBS looks good here. Breaks out from the symmetrical triangle and also the cup and handle-like structure. Currently, retesting the neckline. Long some here and add more in the dip. Entry range:- $0.04370-$0.04470 Target1:- $0.049 Target2:- $0.058 Target3:- $0.064 Target4:- $0.070 SL:- $0.041 Buy on the spot or use low-leverage If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
2
BTC: BIG PICTURE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this important BTC update. BTC is ranging between FWB:25K -$30k for more than 200 days and currently, it is trading around $26.7k level. Now, one of the biggest questions in everyone's mind is where we are heading after these 2 years of the bear market. I'll try to explain in this post. BTC made a low of $15.5k last year in Nov. month and Imo we won't see that level again. As you know halving is after 6 months and before that, we might see a drop up to FWB:23K -$24k (as you see in the chart). Perma Bears wants a new low or big crash before the halving and Perma Bulls wants a continuous pump from here but IMO market maker disappoint both of them. I'm betting on a move towards $ 23.5k-$ 24.5k zone and then a move upwards (for a new uptrend). Mind it that a wick can even go below $23.5k however weekly candle close will likely happen within this zone itself. What do you think about this? Share your thoughts in the comment section. Hope this chart helps you to take better trade decisions. Thank You!
BINANCE:BTCUSD
by CoreCrypto1
BTC: QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. As you see in the chart, BTC is forming a descending triangle pattern in the daily time frame which is generally a bearish pattern. Currently, it is hovering inside the triangle. We might see another test of the upper trendline and also might see some deviation above the trendline and after that price starts falling. Once it breaks down the triangle ( FWB:25K support) then we will see a big dump. What do you think about this? Share your views in the comment section. If you like this idea then do support it with your likes and comments. Thanks!
Short
by CoreCrypto1
4