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LTC/USDT - Litecoin: Falling Wedge◳◱ On the $LTC/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 74.14 | 77.16 | 83.25 and support near 68.05 | 64.98 | 58.89. Entering trades at 73.24 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Litecoin ▣ Rank: 22 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Payments - Currencies ▣ Overview: Litecoin is a fork of Bitcoin's codebase with four times faster block times and a four times larger supply. The project considers itself complementary to Bitcoin as a silver to Bitcoin's gold. It is often used as a pseduo-testnet for Bitcoin, adopting new protocol changes before they are deployed on Bitcoin. ◰◲ Technical Metrics : ▣ Mrkt Price: 73.24 ₮ ▣ 24HVol: 47,073,976.056 ₮ ▣ 24H Chng: -4.086% ▣ 7-Days Chng: 1.27% ▣ 1-Month Chng: 5.74% ▣ 3-Months Chng: 7.66% ◲◰ Pivot Points - Levels : ◥ Resistance: 74.14 | 77.16 | 83.25 ◢ Support: 68.05 | 64.98 | 58.89 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : NEUTRAL ◲◰ Sharpe Ratios : ▣ Last 30D: 1.57 ▣ Last 90D: 1.19 ▣ Last 1-Y: 0.42 ▣ Last 3-Y: 0.26 ◲◰ Volatility : ▣ Last 30D: 0.46 ▣ Last 90D: 0.43 ▣ Last 1-Y: 0.66 ▣ Last 3-Y: 0.93 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.52 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth LTCUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
LINK/USDT - Chainlink: Falling Wedge◳◱ On the $LINK/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 16.264 | 17.265 | 19.582 and support near 13.947 | 12.631 | 10.314. Entering trades at 15.259 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Chainlink ▣ Rank: 16 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Services - Data Management ▣ Overview: Chainlink is a decentralized oracle network. It aims to serve as a middleware between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds. ◰◲ Technical Metrics : ▣ Mrkt Price: 15.259 ₮ ▣ 24HVol: 75,890,616.439 ₮ ▣ 24H Chng: -4.917% ▣ 7-Days Chng: -2.66% ▣ 1-Month Chng: 5.93% ▣ 3-Months Chng: 89.72% ◲◰ Pivot Points - Levels : ◥ Resistance: 16.264 | 17.265 | 19.582 ◢ Support: 13.947 | 12.631 | 10.314 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: 0.96 ▣ Last 90D: 3.18 ▣ Last 1-Y: 1.59 ▣ Last 3-Y: 0.58 ◲◰ Volatility : ▣ Last 30D: 0.85 ▣ Last 90D: 0.93 ▣ Last 1-Y: 0.75 ▣ Last 3-Y: 1.09 ◳◰ Market Sentiment Index : ▣ News sentiment score is 0.74 - Bullish ▣ Twitter sentiment score is 0.59 - Bullish ▣ Reddit sentiment score is 0.50 - Bullish ▣ In-depth LINKUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
BITCOIN The Ultimate Pitchfan Cycle AnalysisBitcoin (BTCUSD) has seen a significant mid-Cycle growth in the past 2 months, approaching the pivotal 50k level. Technically a break above the 48.5k Resistance, constitutes the beginning of the Parabolic Phase of the Bull Cycle. There isn't a better way to illustrate this transition than the use of the Pitchfan tool. Rarely used on BTC analysis and even more so on the long-term Cyclical patterns, it displays as you can see a very accurate illustration of the Cycles and specifically the stage we are currently at. Every Resistance break-out usually takes place around the Halving event, which is the fundamental that typically signals the start of the rally to a new All Time High (ATH). The market is only 4 months away from this event and based on this every pull-back to the 1D MA50 is a buy opportunity to Dollar Cost Average (DCA). So what do you think? Do you expect a Bullish Break-out into the new Parabolic Rally soon? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
10
A pattern resembling triangle arisesIn a previous article about Bitcoin, we discussed how it has been struggling to move higher since early December 2023. Additionally, we outlined a few bearish developments on the daily chart and emphasized the weak trend. Currently, we are paying close attention to the pattern resembling an ascending triangle on the hourly chart. A breakout above the upper bound of the pattern will bolster a bullish case and potentially lay the path for Bitcoin’s continuation to $48,000. Contrarily, a failure of the price to break through the upper bound will dampen the odds of a continuation higher; the same applies to the distortion of the pattern. However, considering that the number of Bitcoin addresses (with balances exceeding 100 BTC and 1,000 BTC) ticked higher following the dip in the price, it looks like big players might be positioning themselves for another move up. As a result, our stance remains unchanged. Illustration 1.01 Illustration 1.01 shows the daily chart of BTCUSD and the upward-sloping channel. The price’s return within the channel remains a real possibility, especially if the price breaks to the downside from the pattern we showed on the hourly chart. Technical analysis gauge Daily time frame = Slightly bearish (no trend/very weak trend) Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSD
by Tradersweekly
5
VET/USD Secondary trend. Wedge. Pivot zones.The secondary trend. Logarithm. Time interval: 3 days. Secondary trend ⁣— downward wedge. Local trend⁣ — a potential double bottom in the case of holding the existing support. Decrease from the price peak -91%. Profit from the average price of the last accumulation +320% at the moment. Short work. I would like to point out that the coin, unlike many cryptocurrencies, is in substantial profit. In case the existing support breaks through, there is a prospect of shorting to the designated reversal zones. Work in the long. I have marked the reversal zone support levels and percentage of them to the resistance zones. Linear chart. Time frame is the same. Local area of double bottom 40% Major trend. Time frame 1 week. VET/USD Main trend.Accumulation/distributionPivot zones
BINANCE:VETUSD
by SpartaBTC
3
Daily chart is starting to turn slighlty bearishAfter establishing a new yearly high on 8th December 2023, Bitcoin has been struggling to move higher. In addition to that, technicals on the daily graph began to reflect the loss of bullish momentum and started to turn bearish. Simultaneously, this has been accompanied by an ongoing decline in the number of Bitcoin addresses with balances exceeding 100 BTC and 1,000 BTC (in the latter group, the decline is less pronounced, though). Besides that, Bitcoin’s market dominance has declined rapidly since around 6th December 2023. All these developments are slightly concerning and raise the odds of a significant correction. Nevertheless, our stance has not changed, and we will continue to observe the market from the sidelines. Illustration 1.01 The picture above shows the daily chart of BTCUSD and RSI. The green and red arrows highlight the divergence between the price and RSI. Illustration 1.02 Illustration 1.02 displays the daily chart of BTC.D (Bitcoin’s market dominance). Illustration 1.03 Illustration 1.03 portrays the daily chart of BTCUSD and simple support/resistance levels derived from past peaks and troughs. Technical analysis gauge Daily time frame = Neutral Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
2
BITCOIN Will it hit 48k before the New Year?Bitcoin (BTCUSD) is currently testing the 1-month Higher Lows trend-line that has been supporting the price action since the November 22 Low. Even though the 4H MA50 (blue trend-line) has been acting as a Pivot, the 4H MA200 (orange trend-line) has been intact and supporting since October 15 and is right below that Higher Lows trend-line. Technically, the price action from December 08 until now is similar to that between November 09 - November 27. What followed after the (d) wave bottomed on the Higher Lows trend-line was a +21% rally. If the final sequence is repeated as well, we can expect the 48300 March 2022 High to get tested. But what do you think? Will that be the case and if so, do you expect 48k to get hit before January 01 2024? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
13
MANA/BTC - Decentraland: BBand Breakout◳◱ On the $MANA/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00001319 | 0.0000138 | 0.00001554 and support near 0.00001145 | 0.00001032 | 0.00000858. Entering trades at 0.00001287 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Decentraland ▣ Rank: 71 ▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc ▣ Category/Sector: Media and Entertainment - Virtual and Augmented Reality ▣ Overview: Decentraland is building a decentralized, blockchain-based virtual world for users to create, experience and monetize content and applications. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00001287 ₿ ▣ 24HVol: 31.116 ₿ ▣ 24H Chng: 8.151% ▣ 7-Days Chng: 17.82% ▣ 1-Month Chng: 20.64% ▣ 3-Months Chng: 88.67% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001319 | 0.0000138 | 0.00001554 ◢ Support: 0.00001145 | 0.00001032 | 0.00000858 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 4.55 ▣ Last 90D: 3.51 ▣ Last 1-Y: 0.87 ▣ Last 3-Y: 1.03 ◲◰ Volatility : ▣ Last 30D: 0.75 ▣ Last 90D: 0.73 ▣ Last 1-Y: 0.83 ▣ Last 3-Y: 1.62 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.57 - Bullish ▣ Reddit sentiment score is 0.71 - Bullish ▣ In-depth MANABTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
GAS/BTC - NEO GAS: Failure Swing◳◱ On the $GAS/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.0001703 | 0.0001804 | 0.0001983 and support near 0.0001524 | 0.0001446 | 0.0001267. Entering trades at 0.000174 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: NEO GAS ▣ Rank: 129 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Hitbtc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: None ◰◲ Technical Metrics : ▣ Mrkt Price: 0.000174 ₿ ▣ 24HVol: 16.678 ₿ ▣ 24H Chng: 8.007% ▣ 7-Days Chng: 12.44% ▣ 1-Month Chng: -12.48% ▣ 3-Months Chng: 224.95% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.0001703 | 0.0001804 | 0.0001983 ◢ Support: 0.0001524 | 0.0001446 | 0.0001267 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -5.17 ▣ Last 90D: 2.99 ▣ Last 1-Y: 1.48 ▣ Last 3-Y: 0.95 ◲◰ Volatility : ▣ Last 30D: 0.51 ▣ Last 90D: 2.34 ▣ Last 1-Y: 1.50 ▣ Last 3-Y: 1.54 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.43 - Bearish ▣ Reddit sentiment score is 0.40 - Bearish ▣ In-depth GASBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
XRP/BTC - XRP: BBand Breakout◳◱ On the $XRP/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00001475 | 0.00001525 | 0.00001613 and support near 0.00001387 | 0.00001349 | 0.00001261. Entering trades at 0.00001466 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: XRP ▣ Rank: 7 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex ▣ Category/Sector: Payments - Currencies ▣ Overview: XRP is a cryptocurrency aiming to increase the speed and reduce the cost of transferring money between financial institutions. Underpinning Ripple's xRapid product, an on-demand liquidity solution, XRP is used as a bridge currency for financial institutions exchanging value between multiple fiat currencies. XRP is the native token of the XRP Ledger, an open-source cryptographic ledger powered by a peer-to-peer network of nodes. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00001466 ₿ ▣ 24HVol: 444.655 ₿ ▣ 24H Chng: 3.239% ▣ 7-Days Chng: 4.52% ▣ 1-Month Chng: 2.77% ▣ 3-Months Chng: 27.56% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001475 | 0.00001525 | 0.00001613 ◢ Support: 0.00001387 | 0.00001349 | 0.00001261 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.06 ▣ Last 90D: 1.89 ▣ Last 1-Y: 0.93 ▣ Last 3-Y: 0.79 ◲◰ Volatility : ▣ Last 30D: 0.36 ▣ Last 90D: 0.49 ▣ Last 1-Y: 0.94 ▣ Last 3-Y: 1.18 ◳◰ Market Sentiment Index : ▣ News sentiment score is 0.76 - V. Bullish ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.66 - Bullish ▣ In-depth XRPBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
The Others- So you have BTC.D, ETH.D and you have also " The Others". - There's plenty of other fish in the ocean. - This is just a Fibo analysis but a bit advanced chart. - Make your own diligences and learn about fibonacci trading strategy. - All Fibos retracements and extensions are annotated in the chart. To keep it basic like always : - the most interesting thing to follow right now in this chart is : - " The Yellow zone making a Triangle ". - Be confident and Hodl steady. Happy Tr4Ding !
CRYPTOCAP:OTHERS.D
by thecryer
6
Bitcoin mulling the return into the channel?Since the start of this month, Bitcoin has been trading above the upper bound of the upward-sloping channel, which begs the question of Bitcoin’s return to it. With that said, there are a few developments that we are paying close attention to. First, the number of Bitcoin addresses with balances exceeding 100 BTC is down from where it was at the start of the month, particularly on 5th December 2023, when it stood at 16,006, and Bitcoin broke above $44,000; since then, the number has been pretty much trending down (with upticks on the pullbacks in Bitcoin’s price). As for the number of addresses with balances exceeding 1,000 BTC, this remained relatively steady throughout the month. In addition to that, on the daily chart, technicals like RSI, MACD, and Stochastic reversed to the downside in the past few days. Furthermore, ADX continued to decline, suggesting the bullish momentum is decreasing. Meanwhile, on the weekly chart, RSI reached a strongly overbought level, ringing a small alarm bell to us; though, we want to note that the weekly chart remains bullish (at least for now). Consequently, we prefer to wait on the sidelines slightly longer. However, there might be one interesting short setup if Bitcoin drops below the channel's upper bound (with stop-loss above it). Illustration 1.01 Illustration 1.01 portrays the daily chart of BTCUSD and simple support/resistance levels derived from past peaks and troughs. Technical analysis gauge Daily time frame = Bullish (with the trend losing momentum) Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
AAVE/USDT Trading IdeaWe're discussing the development idea in the accumulation phase for the AAVE/USDT crypto pair. In June 2022, there was a notable decline in the asset, hitting a local bottom of the existing bearish trend at $45.80. However, it confidently surged from this level, reaching $115.27, showing over a 150% increase . Later on, the asset chart displayed the formation of a descending triangle, accompanied by significant trading volumes. Currently, we observe AAVE's price breaking out of the described triangle and starting to trade within an ascending channel , confined by values from $115.27. This might indicate a potential continuation of the accumulation phase with a possible price squeeze toward the local maximum. Hence, the present trends and price chart structure suggest interesting dynamics in the asset's movement. Considering these trends, it's conceivable that the asset is preparing to surpass the local maximum of $115.27, paving the way for further upward movement. The initial target for this upward trend could be the strong resistance level at $200. If this level is successfully breached and bullish pressure is sustained, the subsequent potential target could be around $260.
Long
by Rick_SimpleSwap
2
NEARUSD This rally is far from over. +1300% rise on sight.Near Protocol (NEARUSD) is posting the strongest 1W candle since the previous Bull Cycle and has turned the 1W MA50 (blue trend-line) into Support. The 1W RSI is already overbought approaching the 80.00 level but there is still much room for this rally to grow long-term. Historically, NEAR has seen two major multi-month rallies within the +1300% +1350% range. Measuring from the October Low, a new +1300% rise would push the price all the way to the top of the dominant Channel Down pattern. As a result, this is still a solid (even better confirmed) level to enter for the long-term and target 12.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:NEARUSDLong
by TradingShot
1
BITCOIN Disturbing Puell trend-line calling for Cycle top?Bitcoin (BTCUSD) is trading within the 0.618 - 0.786 Fibonacci retracement levels which is the last Resistance Zone before it typically attempts a test of the All Time High (ATH) on each Bull Cycle. We have seen on previous analyses how the RSI is showing that this is a possible Mid-Cycle Resistance level where pull-backs towards the 1W MA50 (blue trend-line) occur. ** The Puell Multiple ** This time we are looking into the Puell Multiple and we are no strangers to it as it is the indicator that helped us buy with no fear on June 28 2021 (see chart below) when it hit the 0.30 - 0.40 Support Zone: ** Two Mid-Cycle rejections ** Just as the RSI, the 1W Puell Multiple is approaching the 2.40 Resistance, which has historically caused 3 rejections (December 28 2015, June 20 2016, June 24 2019), the two latter being Mid-Cycle pull-backs (blue circles). ** Can it be a Cycle Top? ** This indicator however displays a very disturbing structure, having the price entering the Lower Highs Zone since the June 06 2011 High. This Zone has priced all previous Cycle Tops (June 06 2011, December 02 2013, December 18 2017 and March 15 2021). ** What is it this time? ** The question is, what kind of top is it this time? Mid-Cycle or Cycle High? Even though all other key indicators show it's the former, we shouldn't take this Puell signal lightly. Technically, as long as the 1W MA50 holds, there is room for at least one more High and practically this potential pull-back is a buy opportunity. Will a potential ETF approval distort this cyclical pattern though? If not, what do you think, is this a Mid-Cycle top or full Cycle High? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
10
INJUSD Two sell signals for low risk profits.Injective (INJUSD) is rising aggressively within a 1-year Channel Up, currently on its 2nd Bullish Leg of the pattern, supported by both a Higher Lows (dashed) trend-line and the 1D MA50 (blue trend-line). We expect it to peak on the Channel's top (Higher Highs trend-line) where we will short it, targeting 30.000. If however it breaks below the Higher Lows trend-line earlier, we will sell the break-out and target a potential contact with the 1D MA200 (orange trend-line) at 16.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:INJUSD
by TradingShot
1
Bitcoin - BTC pair signal🟢just occurred🚨🚨🚨Bitcoin HUNT HISTORICAL BITCOIN VOLATILITY PLOT The pair signal🟢just occurred 🚨🚨🚨 Not always but often seen‼️ Imagine these were your BTC entry points over the years😉 What will the smart money do❓ Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
COINBASE:BTCUSDLong
by Crypto4Everybody
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Dec 15, 2023Technical Analysis and Outlook: Throughout this week's trading session, Bitcoin has been trading within a specific range, defined by two fundamental values: the Completed Outer Coin Rally 44500 and Mean Res 44100. This range has created a level of stability in the market and has allowed for some predictability in the short term. The market is on an upward trend that is expected to continue. Bitcoin is projected to reach the newly established intermediary Mean Res 43100 and surpass it in the coming days. In a downturn, the intermediate target is the robust Mean Sup 41200. This is a crucial level for traders to watch, representing a solid support level for Bitcoin.
BITSTAMP:BTCUSD
by TradeSelecter
Tezos - XTZUSD - Sweet Spot TradeIn last weeks Spaces , I discussed "sweet spot trades". Tezos ( KRAKEN:XTZUSDT ) -- prices bounced off of, and showed a clear rejection (support) of $0.65 level, which became the "head" in an upward slanting inverted head and shoulders bottom. This pattern is developing with enough clarity for me to take my first-ever position in XTZUSDT... BUT... until a decisive breakout in either direction, either above the neckline, or below it/below the right shoulder - as a failure (etc. etc.), my outlook is neutral . I would prefer to be long, and tbh, I would not short this market even if the pattern fails. It is a good pattern to monitor nonetheless. My goal in December 2023: stay small, don't get greedy - we're trading the highest volatility, most speculative asset class of all time. Caution #2: Tezos has lagged the larger tokens YTD; thus, sizing down accordingly As always, this is Not Financial Advice (NFA), Do Your Own Research (DYOR). #jk
by jBTCkingaling
COMP/USDT - Compound: Trend Reversal◳◱ On the $COMP/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.61 | 63.45 | 72.81 and support near 50.25 | 44.73 | 35.37. Entering trades at 53.01 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Compound ▣ Rank: 149 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Financial - Lending ▣ Overview: Compound is a lending platform built on Ethereum that enables users to permissionlessly borrow or lend from a pool of assets. Rather than interest rates being set by individuals, they are determined algorithmically based on the proportion of assets lent out. ◰◲ Technical Metrics : ▣ Mrkt Price: 53.01 ₮ ▣ 24HVol: 17,942,825.619 ₮ ▣ 24H Chng: 4.866% ▣ 7-Days Chng: -5.82% ▣ 1-Month Chng: -9.62% ▣ 3-Months Chng: 30.85% ◲◰ Pivot Points - Levels : ◥ Resistance: 59.61 | 63.45 | 72.81 ◢ Support: 50.25 | 44.73 | 35.37 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 0.10 ▣ Last 90D: 1.52 ▣ Last 1-Y: 0.66 ▣ Last 3-Y: 0.26 ◲◰ Volatility : ▣ Last 30D: 0.78 ▣ Last 90D: 0.73 ▣ Last 1-Y: 0.99 ▣ Last 3-Y: 1.20 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.57 - Bullish ▣ Reddit sentiment score is 0.84 - V. Bullish ▣ In-depth COMPUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF