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ETHUSDTETHUSDT Thoughts On the ETHUSDT chart, a Bullish Wedge pattern is forming. A "bullish wedge" is characterized by narrow upper and lower boundaries that approach each other, forming a wedge-shaped structure. It often signals a possible trend reversal in favor of the bulls, especially if it forms in the context of a downtrend. At the same time, it is worth considering that the observed wedge has some inconsistencies with the ideal pattern, which can mean a lot of uncertainty and risk. When analyzing ETH, it is always important to consider the dynamics of BTC, since BTC contains the bulk of the capitalization. Thus, despite the appearance of a bullish wedge on the ETHUSDT chart, we recommend focusing on the big picture, including the behavior of BTC. As always, carefully calculate your risks and act strictly with a cool head. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
BARUSDTBARUSDT Thoughts On this altcoin, we often observed manipulative movements. Huge candles left behind shadows, after which there was a small consolidation and a strong fall. Now, there are fewer strong upward movements, which means that the main supply of the coin was bought out by one player. Volatility is on the decline, and any attempts from sellers to push through the support line end in a rebound. This is a great example of a Descending Triangle pattern being formed. At the moment, the price is in the middle of the triangle, waiting for the next impulse. ☑️ Global targets in case of penetration are indicated on the chart by blue lines: 5.95 - 7.61 - 9.40 ⛔️ In order to prevent losses in case of force majeure, we put a stop at the level of $3.81 But remember that everything can change at any time, you need to be flexible and monitor the market. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
ETHUSDLONGSETHUSDLONGS Thoughts At the moment, we are seeing a new surge of interest in ETH long positions from traders. This growth is extremely interesting, because the last time such "green" sentiment was observed at the beginning of 2023, after which we saw a strong drop and subsequent consolidation almost 4 months long. The growth of longs will mark an increase in interest in the asset from buyers, which in the future may mean the upcoming green chart. But do not blindly look at one indicator or factor. Look at the situation globally and make informed decisions. If you like the idea, don't forget to subscribe and rate like👍
BITFINEX:ETHUSDLONGS
by Andrey_Crypto
ICPUSDTICPUSDT Thoughts After a long fall, the coin was able to find a local bottom and go flat. A couple of times there was an attempt to break through the downward resistance, but it was not successful. Strong resistance provided final confirmation that a Descending Triangle pattern had formed. After the third attempt to break through the resistance, the price froze and began to gain strength for the next impulse. ✅ Global targets for upward breakdown are indicated on the chart by blue lines: 7.524 - 8.305 - 9.240 We don’t set a stop yet, we focus on the state of BTC. For a futures setup, set targets and stops yourself, focusing on your shoulders. We put a stop at $4.9 But remember that things can change at any moment. You need to be flexible and monitor the market. Make a decision strictly with a cool head and do not give in to emotions. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
TOTAL2TOTAL2 Analysis TOTAL2 is the total market capitalization of cryptocurrencies, excluding the total capitalization of BTC. The chart clearly shows the formation of a bullish wedge. This is a technical analysis chart pattern that usually heralds a future uptrend. 📐A bullish wedge forms when the price range narrows and trading volumes decrease. Usually, the exit from the bullish wedge occurs upwards, with a breakout of the upper trend line. This signals a resumption of the growth trend. It is worth noting that you need to use additional indicators and analyze the news background to confirm the correctness of your forecast. Always trade responsibly and with a cool head. If you like the idea, don't forget to subscribe and rate like👍
CRYPTOCAP:TOTAL2
by Andrey_Crypto
ETHUSDT Symmetrical TriangleETHUSDT: Symmetrical Triangle At the moment, a symmetrical triangle pattern has formed on the chart. In total, there are 3 types of triangles: 1. Downward - starts from the support level and moves down with a gradual update of the lows. 2. Rising - starts from the resistance level and moves up with a gradual update of the highs. 3. Symmetric - the price fluctuates between local highs and lows with a gradually "fading" amplitude. Exits from a symmetrical triangle can be either up or down, depending on which level breaks first. If the price of an asset breaks through the resistance level, then this indicates that an uptrend is starting in the market. If the price of an asset breaks through the support level, then this indicates the beginning of a downtrend. It should also be noted that the symmetrical triangle can only be applied in certain market conditions, when the price of an asset is in a sideways trend and does not have a clear direction, as it is now. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
ADAUSDTADAUSDT Thoughts An inverted Head and Shoulders pattern has formed on the Cardano chart. The line of the right shoulder has already been broken and the impulse went up. Judging by the general situation on the market, it is worth considering opening short-term positions on the spot on ADA with the final target at 0.5542 (tp is set taking into account the development of the pattern on TA, we focus on the situation). Here are some sample thoughts for those who want to enter a position on futures: ADA long Entry: up to 0.4225 (it is worth gaining only on a rollback to the shoulder line) 🔘Position addition: 0.4005 Shoulder: 5-10X 🟢Take-Profit: 0.4960 - 0.5552 🚫Stop: 0.3736 Focus strictly on your shoulders, do not forget to drag stops into boo and divide the margin to gain a position. Move stops with take calculation 25% - 50% - 75% -... If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
2
AVAUSDAVAUSD Thoughts After a long fall, buyers were able to buy back the main supply of the coin and pull the price into a sideways trend. Over time, volatility began to fall, thereby finally making it clear that the Descending Triangle pattern is forming. At the moment, the price was able to adjust with the global resistance of the triangle. For altcoins, breaking through global trends often occurs on the second attempt, while for BTC on the first. AVA already had one attempt to break through, after which the price was rolled back with a long squeeze. After local accumulation, we again see an impulse, which, with a high degree of probability, will break through the resistance. ☑️ Global breakout targets are indicated on the chart by blue lines: $1.047 - $1.361 - $1.788 But remember that everything can change at any time, you need to be flexible and monitor the market. Happy trading. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
1
LINKUSDTLINKUSDT Thoughts The price has been moving in the accumulation zone for almost a year. The exit from such zones is very often given an upward impulse, so that a major player can reset his positions. Now the price has approached the local resistance zone inside the consolidation. If BTC continues its upward movement, then we will see both a breakout and the possibility of exiting upward from the consolidation. For ease local targets were marked on the chart. ☑️Targets: $11.12 - $13.08 - $14.45 However, we focus on the situation. Always look at the market globally and adjust to the general mood. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
1
WOOUSDTWOOUSDT Thoughts After a long downtrend, buyers were able to stop the price and began to form a consolidation area. As a result, the Inverted Head and Shoulders pattern formed. The situation is very similar to the symmetrical pattern on the BTC chart we talked about. In addition to spot positions, you can also consider futures. But before entering a position, it is worth remembering that it is much more dangerous than a spot. You need to be calm and clearly aware of your actions. Sample thoughts for those who wish to enter the futures: WOO long Entry: up to 0.2590 (look at the situation) 🔘Add position: 0.2312 Shoulder: 5-10X 🟢Take-profit: 0.3044 - 0.3338 - 0.3837 🚫Stop: 0.2114 Focus strictly on your shoulders, do not forget to drag stops into boo and divide the margin to gain a position. Move stops with take calculation 25% - 50% - 75% -... If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
5