VGX : THE CYCLE BREAKOUTVGX did show a month ago a signal of cycle confirmation, this depends totally on the technical view, and not on the team or utility of this coin.
We can see this coin as an NO owner coin, since there is still no confirmation about the re-start of this coin, in that way, this coin can be seen as a risky coin.
We check out of the box and follow the price action and cycle confirmations.
Even this coin with all the previous data shows an interesting view for the coming time, there is a high chance of a breakout.
Depending on the study show, it seems that this coin is able to gain the important breakout zone of $0,28 - This price action is an important area.
Further, if this coin is able to confirm the $0,28 we could see later $0,62
the same period in 2022 VGX did the unexpected breakout to up $1
This coin can stay for some time stable, but there is a high chance for an unexpected whale increase.
Cryptolevels
☀️ Next 24 Hrs & 1 Week for DOGE, Yet, 🌧️ For the Rest The sun will shine over the global crypto market in the next 24 hours ☀️ , buoyed by positive stock market news, hinting at a slightly bullish market with upside potential for Bitcoin, Ether, Dogecoin, and other altcoins.
But beware, ☁️ clouds and 🌧️ rain will return over a one-week horizon, signaling a bearish market trend with downside risk. 🚀
Dogecoin, Litecoin, and Cardano buck the trend, retaining upside potential over this period, as per ATTMO forecasts.
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APEUSDT might tank Hello, Cryptonauts
We're going to examine APEUSDT.I anticipate a strong momentum to start from the 1.446 zone. Our first TP will be in the 1.63 zone, and our second TP will be at 1.835.
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Expanding Wedge - 100K Target 🎯🚀 Ever heard of the megaphone pattern, also known as the expanding wedge? It's like a trading puzzle waiting to be solved. Let's dive into this intriguing pattern, its dynamics, and the buzz around Bitcoin's potential target of $100,000.
🔍 The Expanding Wedge: Imagine drawing trendlines that widen instead of converging – that's the megaphone. This pattern signifies increasing volatility as prices swing wider highs and lows. It's like the market's way of saying, "Buckle up, things are about to get exciting!"
📈 Dynamic Price Action: The megaphone pattern typically occurs during periods of uncertainty, where traders and investors grapple for control. The widening range showcases heightened price swings and potential trend reversals.
💡 Unveiling Targets: While patterns provide insights, they're not crystal balls. The megaphone pattern doesn't directly dictate price targets, but it does hint at increased volatility and potential market shifts.
🎯 Bitcoin's $100,000 Buzz: The $100,000 Bitcoin target has been a topic of speculation and excitement. While the megaphone pattern might not be the sole driver, the expanding volatility it represents aligns with the rollercoaster journey towards new heights.
So, what's the takeaway? 📊 The megaphone pattern is a visual cue that volatility is on the rise, which can lead to significant market moves. While it's exciting to speculate on targets, it's important to consider various factors that contribute to price movements.
Stay curious, keep an eye on those expanding triangles, and remember that trading is like solving a puzzle – each piece contributes to the bigger picture! 🧩🚀
Zooming out in Crypto InvestingLet's take a step back and chat about the power of zooming out when it comes to analyzing Bitcoin's price chart. It's like getting a bird's-eye view of the crypto landscape – and trust me, it's full of valuable insights. Ready to dive into the benefits of zooming out and uncovering a decade-long ascending channel? Let's go!
🔍 The Magic of Perspective: Imagine looking at a single brushstroke versus the entire painting – that's the essence of zooming out. When you expand your view, you're not just seeing the trees; you're taking in the entire forest. Zooming out offers context, a broader picture, and a chance to spot long-term trends.
🚀 A Decade of Growth: Believe it or not, we've been riding the crypto rollercoaster for over a decade. And guess what? Bitcoin's price action during this time has been unfolding within an ascending channel – a dynamic corridor of growth. This channel showcases higher lows and higher highs over the years.
💡 The Power of Patterns: Identifying a long-term pattern like the ascending channel can provide valuable insights for investors. It's like having a roadmap for potential price movements. Higher lows and higher highs suggest an overall bullish sentiment in the long run.
📈 The Investment Angle: For investors, zooming out is like tapping into the matrix of market movements. It's not just about day-to-day fluctuations; it's about understanding the overarching trend. And the ascending channel might just be the canvas where Bitcoin's future is being painted.
🌐 The Big Picture: So, where does this take us? Over the past ten years, Bitcoin's price has been following a steady trajectory within the ascending channel. While there will always be short-term fluctuations, the long-term trend indicates a gradual upward momentum.
So, what's the big takeaway from this zooming-out adventure? 🌄 It's all about gaining perspective, understanding the long-term trend, and making more informed investment decisions. Whether you're a seasoned trader or a curious newcomer, taking a step back can be the key to unlocking a clearer view of the crypto journey.
Stay curious, keep those charts zoomed out, and get ready to ride the waves of the crypto future with a newfound clarity! 📊🌊
❗See related ideas below❗
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☀️ Next 24 Hrs, Yet, 🌧️ Week Ahead, Except for DOGE, LTC, ADAThe sun will shine over the global crypto market in the next 24 hours ☀️ , buoyed by positive stock market news, hinting at a slightly bullish market with upside potential for Bitcoin, Ether, and altcoins.
But beware, ☁️ clouds and 🌧️ rain will return over a one-week horizon, signaling a bearish market trend with downside risk. 🚀 Litecoin, Cardano, and Dogecoin buck the trend, retaining upside potential over this period, as per ATTMO forecasts.
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XVG TRY TO SUPPORTAt the price of 0.0040, we can see the reversal of the trend again and move towards the support of 0.0027.
DOGE ☀️ Upside - Bullish 24 Hrs & 1-Week HorizonClouds with some sun ⛅️ breaking through lie ahead over the next 24 hours and one-week horizon. 📊 According to ATTMO, this hints at a slightly bearish market with downside risk.
But wait, there's a ray of hope! ☀️ Dogecoin, along with Cardano and Litecoin, is poised to bask in sunnier days over the longer one-week horizon, suggesting a slightly bullish market with upside potential. 🚀
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ADA: Sunny Outlook 🌞 Rest: Clouds & Sun ⛅ - Bearish Forecast Clouds with some sun ⛅️ breaking through lie ahead over the next 24 hours and one-week horizon. 📊 According to ATTMO, this hints at a slightly bearish market with downside risk.
But wait, there's a ray of hope! ☀️ Cardano is poised to bask in sunnier days over the longer one-week horizon, suggesting a slightly bullish market with upside potential. 🚀
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SAFE sell-shortbase trendline at 0.000075 to now /
reverse zone in support
safe zone by trendline and resistance
Bitcoin Dominance --> ALTCOINS season begain..🔸weekly MACD has crossed bearish on BTC.D
🔸it also consildated a descending channel price now trying breakout the bottom of channel.
it's a matter of time.
dont forget to suport us with ur like, comment and follw for more ideas.🎯
Lpt/usdt update Lpt/usdt
4H Time-frame
A triangle pattern has formed on the 4-hour time-frame. This pattern is neutral and can break out in either a bullish or bearish direction. However, based on the overall market trend, I anticipate the price to break out upwards from this pattern, resulting in a 30-50% bullish move. Let's wait and see.
Note: These ideas are personal opinions. Always conduct your own research before making decisions. Good luck!
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BitcoinNear term levels and trendlines I'll be watching and playing if looking for entry and exits on crypto plays and or related BTC stocks.
Ethereum Bounce @ Weekly Resistance Zone $1,915 🗞️The Monthly candle is a Doji candle and with Eth's recent rise has returned back to Break Even on the Month. I'm anticipating that we will have some trouble breaking the $1,915 Weekly supply zone created on the week of May 29th. Ethereum's recent rise of 17% compared to Bitcoin's 25% has been quite disappointing for a smaller market cap cryptocurrency. Although we have broken out of a recent Bearish channel, I can see price pulling back before heading towards medium term highs at $2,121. Additonally we can observe the 2 most recent daily candle's have are shooting star - like candles. The top wick's on each candle being larger than the body of the candle. A Coincidence that these candles have printed at our weekly supply zone $1,915?
Bearish Monthly target for July is $1,660
Favoring Downside Because of Weekly Market Structure Pointing down.
Target's through rest of June and July are
Take profit 1 : $1,786
Take profit 2 : $1,730
Take profit 3 : $1,660
If Wrong, Firstly Cut losses short and the Bullish Monthly target for July is $2,121
SP 500 WITH 4623 BULLISH PIPSSP 500 had been in a continued uptrend for a while now and its not strange to witness the recent pull back / retest that brought the stock price to 4367 at 6.18% fibonacci level and the posed bounce off from the region would likely take the stock price to 4800, that is potentially 4623 bullish pips.
According to dancolnation capital trading strategy, we shall be trailing with the trend after a retest of same 4367 region with a 4H bullish engulfing candle for our SWING RIDE
CFX/USDT Analysis on Daily TimeframeCFX/USDT Analysis on Daily Timeframe:
The price is currently attempting to break down from this pattern. If the breakdown happens, we might witness a drop in CFX price by at least 30-50%. I anticipate the price to break down soon, but we'll have to wait and see.
Please remember: this is just an idea. Before making any decisions, it's important to conduct your own research.
Best of luck in your trading endeavors!
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Decoding the Crypto Market Dump on August 17, 2023Introduction:
The crypto market encountered a significant downturn on August 17, 2023, leading to substantial drops in cryptocurrency prices. This article delves into the potential reasons behind this market event and offers insights from various angles.
Possible Factors Behind the Crypto Dump:
1. SpaceX's Bitcoin Sale:
According to the Wall Street Journal, speculation arose that SpaceX, owned by Elon Musk, might have sold its $373 million Bitcoin holdings. Given Musk's influence on the market, such a move could have triggered a cascading sell-off.
2. Regulatory Strictures:
Global regulatory actions tightening the noose on crypto activities (e.g., banning mining, trading, and payments) have impacted market sentiment. These measures curtailed demand, liquidity, and escalated investor uncertainty.
3. Technical Glitches:
Major crypto exchanges, including Binance and Silvergate, experienced technical glitches and outages. These disruptions could have sparked panic-selling and margin calls, eroding trust in the crypto ecosystem.
4. Emotional Market Sentiment:
Psychological factors such as fear, greed, FOMO (Fear of Missing Out), and FUD (Fear, Uncertainty, Doubt) played a role in amplifying the market's volatility. Shifting sentiment from fear to greed, and now neutrality, underscores market instability.
5. External Shocks:
Broader economic conditions and events like the Covid-19 pandemic, inflation concerns, fluctuating interest rates, and geopolitical tensions influenced demand for alternative assets. This likely altered investors' risk appetite and asset diversification strategies.
Conclusion:
The August 17 crypto market dump stems from a complex interplay of factors, including potential SpaceX Bitcoin sales, regulatory interventions, technical disruptions, emotional sentiment, and external macroeconomic shocks. While these insights provide a comprehensive understanding, remember that this analysis isn't exhaustive, and other variables could have contributed. This article does not offer financial advice; thorough research and analysis are vital for making informed investment decisions. If you have further questions, feel free to inquire. 😊
AVAXUSDT Technical AnalysisTo all you cryptocurrency enthusiasts: We'll be keeping an eye on AVAXUSDT in the 10, 9, 22, and 7 zones for bullish momentum. Smart investment
Bake Latest Update Bakeusdt
Bakeusdt has reached a resistance level on the daily chart. It's facing strong resistance due to horizontal and bearish pennant breakdown levels. A potential drop of 15-25% is possible in the short term.
Remember, this is only an idea. Research before deciding.
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Happy trading!"
BNB ☀️ Upside - Bullish Next 24 Hours Binance Coin experienced a 0.2% increase over the last 24 hours. As per ATTMO's market analysis, the upcoming 24 hours hold a positive forecast with a sunny outlook ☀️ for the Binance Coin price. This suggests the potential for further price growth beyond its current levels.
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$AGLD breakout Bullish SymmetricalTSXV:AGLD breakout Bullish Symmetrical Triangle in 4hr
What is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Rune/Usdt Update Rune/usdt
In our previous discussions, we talked about a Rising Wedge / Bearish channel, but Rune doesn't seem to be following any bearish patterns
Right now, I think the price might go down by around 20-30% after it reaches the 1.40-42 level. Let's wait and see.
Remember, this is just an idea. Before making any decisions, do your own research.
Best of luck! 👑
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Wishing you successful trading!
