Cryptolevels
New Years Eve!❄️ AVAX ADA LINK ETH HOT Situations!Hey guys!
A friend has recently asked me to review some coins so here are my analysis starting off with and will publish screenshots of the other coins possible outcomes in the comments area.
As always, please manage risk accordingly and don't get ahead of yourself. Walk with caution and stay wary market conditions could potentially change at any given moment it's just a matter of a catalyst for this to blow up! Now, here are my UNBIASED directions so you are prepare to comfront different situations that could happen at each coin.
My gift to you dear reader. Happy New Years Eve!!! ❄️
Kina the Girly Trader ❄️
$DOGE prepping for a huge run?!?BINANCE:DOGEUSDT CRYPTOCAP:DOGE looks primed for a run on all time frames.
$0.082-0.083 has been a strong resistance level with multiple rejections since January 2024. Closing above this level on the 4h/D charts imo should usher in $0.085-$0.090 quickly, and then $0.10.
Price has been rejected hard at this level, so trying to scale in to position.
I am long at $0.0831 and will scale in from here, I want/need to see a 1h/4h candle close above resistance level with some prominent volume for more confidence in the move. SL: level looking below $0.08. PT: $0.09 area to start scaling out.
BINANCE:ETHUSDT and BINANCE:BTCUSDT have been running hard for a week now, setting up the alts/other major crypto players for their moves.
what other crypto's or alt coins are you guys watching for a big move???
Also been watching BINANCE:RNDRUSDT
Current 15m chart:
QTUM USDTAMEX:QTUM is looking good in a Weekly chart and is showing positive signs. It is consolidating approx from 623 days. After flipping the zone in blue at 3.845 It will be a good time for an entry. If a daily or 4-hour candle is closed above the level, you can take an entry on this.
All the information you need is right there on the chart. It’s important to set a stop-loss, which is like a safety net to limit potential losses in case the market
SOLUSDT: This way trade in 1 hr timeframeHello friends . Long So Short with me by SOLUSDT ;
according to the chart we expected the price touch the 103.89 so start downtrend by this way in the chart .
1.Long Position :
entry : 102.78 $
target : 103.89 $
sl:102.78$
2.Short position
entry : 103.89
sl :104.66
target: 100.59
XRP Downside Risks 24h & 3D ☁️; Price Recovery in 7 Days? ☀️John Deaton, a pro-crypto lawyer, confirmed that he will run as Republican Senate candidate in Massachusetts against the incumbent Senator, Democrat Elizabeth Warren.
“I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” he said.
Deaton represents over 75,000 XRP holders as amicus counsel in the ongoing court battle between Ripple Labs and the Securities and Exchange Commission.
The price of XRP fell 3.3 percent to 54 cents over the past 24 hours. Trading conditions for XRP are going to be mixed over the next couple of days. Further downside is forecasted by ATTMO for the next 24 hours and 3 days, with some returning over a one-week horizon.
Follow us for more crypto weather reports!
Bitcoin (BTCUSD): Waiting For the News
Bitcoin is currently stuck on a key horizontal resistance.
After a strong bullish movement, the market became overbought
and is currently consolidating.
The next bullish wave will be confirmed after a breakout of
54000 horizontal resistance. Daily candle close above that structure
will confirm a violation.
A bullish continuation will be expected at least to 58500 then.
❤️Please, support my work with like, thank you!❤️
CARDANO|The start of a new bullish waveHello friends, I hope you are doing well.
You can see the popular Cardano currency in the 4-hour time frame.
Now it would be a good place for us to have an analysis of this currency.
In the daily time frame, it had an eroding downward trend in the form of a descending channel, which has now broken this channel upwards. In fact, it is also considered a flag pattern.
In the 4-hour time frame, a descending channel has broken upwards, and an important supply area that has prevented price growth twice has also broken upwards. This is a sign of aggressiveness and significant upward movement.
Bitcoin is very bullish and Cardano shows signs of further growth.
Look for opportunities to enter buy positions in the demand areas drawn on the chart.
The short-term targets are 0.61 and 0.64 , and the long-term target is 0.83.
BTC ANALYZE WEEKLY Greetings, trader friends
Bitcoin is near the resistance level on the weekly time frame
It seems that there is insufficient liquidity behind this level
Also, the rising channel has broken from the top, which shows the pressure of buying and consumption of liquidity
According to the designed chart, we will expect a correction in Bitcoin
If a good pivot is formed on the resistance, we expect the analysis to take place.
Bitcoin & Cryptocurrency Market Update [Feb. 16, 2024]Happy Friday everybody!
Bitcoin and Ethereum are quite high at the moment, while altcoins are showing weakness unable to make higher highs.
Is this the first sign of a sell off?
Bitcoin Weekly Analysis
Big picture game plan here is clear.
$52-53K is a Low-Volume Node.
Price will reject or blast through.
If we reject, price will re-test $40K or potentially much lower for the "pre-halving dump."
If we close the weekly above $53K however, we will blast on through to $57-58K and we will hang out up there quite a while as it is a High-Volume Node.
Traders should stay long.
Hedge with options.
Hold your spot positions through draw down.
Swing longs could be trimmed.
Bitcoin Daily Analysis
Bitcoin is quite overbought on the Daily.
Momentum oscillators are overbought.
Laguerre PPO is flashing red warning signs.
Not a good time to go long.
Trim swing longs, hedge with options, hold long-term positions.
Bitcoin Day-Trading Analysis
Price swept about $70M in long liquidations on Binance along this morning.
Went for another drive down and holding.
Break below $51.2K is very bearish.
I expect price will move to grab liquidity at $53K.
Altcoin Summary
ETH - Same as BTC. Breakout will send us to 3600. Breakdown to 1800. Stay long, hedge with options.
SOL - Alts look topped out with BTC.D rising. Look for support at $101 or $94.
ARB - Topped out. Pullback to $1.78.
OP - Topped out. Pullback to $3.20.
SUI - Probably topped out. Pullback to $1.60.
LINK - Topped. Pullback to $16.
BNB - Stay long.
MATIC - Stay long.
APE - Stay long.
XRP - Stay long.
APT - Neutral.
ADA - Pullback to $0.48.
DOGE - Stay long.
DOT - Pullback to $6.50.
UNI - Unclear.
OMUSDT Potential Breakout Structure📊 BINANCE:OMUSDT is currently nestled in the tight base of a Falling Wedge pattern. Keep a close eye on the support level around 0.017, as a critical price to break sits at 0.024. Key resistances and upcoming targets are at:
🎯 Targets:
Target 1: 0.036
Target 2: 0.057
Target 3: 0.084
Target 4: 0.123
Regardless of the market situation, remember to use appropriate stop loss. A prudent approach is to set the stop loss below the support zone, with a weekly candle closing around 0.016 as a viable option.
Stay vigilant and keep an eye on the charts! 🚀
$LOOM looks clean… Breakout … Breakout
Trading trend line breakouts can be a profitable strategy if done correctly. Here's a general guide on how to trade trend line breakouts:
Identify a Trend : The first step is to identify a clear trend in the market. Trends can be upward (bullish), downward (bearish), or sideways (neutral). Draw your trend line connecting the lows in an uptrend or highs in a downtrend.
Confirm the Trend Line : Ensure that your trend line touches at least two significant points (lows or highs) to confirm its validity. The more times it touches, the stronger the trend line.
Wait for Breakout Confirmation : A breakout occurs when the price breaches the trend line. However, it's essential to wait for confirmation before entering a trade. You can confirm a breakout by seeing the price close convincingly above (in case of an uptrend) or below (in case of a downtrend) the trend line.
Consider Volume : Ideally, you want to see the breakout accompanied by increased volume, indicating strong market participation and confirming the validity of the move.
Set Entry and Stop-loss Levels : Once you confirm the breakout, set your entry point slightly above the trend line (in case of an uptrend) or below the trend line (in case of a downtrend). Additionally, set a stop-loss order to manage risk. You can place the stop-loss order just below (for long positions) or above (for short positions) the breakout point.