BNB thesis investment Current Market Conditions
BNB is trading at $712.19 and shows strong bullish momentum, supported by key technical indicators like RSI and Stochastic above 50.
Key Levels and Strategy
Stop-loss: $700.00 (manages downside risk).
Take-profit: $730.00 (targets near resistance levels).
Exit Point: $720.00 (partial profit-taking to secure gains).
Resistance Levels: Watch $717.95 and $723.77 for potential breakout points.
Recommendation
The data supports an OPEN LONG position with a 75% confidence level, capitalizing on positive sentiment and increasing trading volume. Monitor resistance levels and adjust positions based on breakout or pullback scenarios.
Risk Management
With no current positions open, this presents a good opportunity to enter while implementing tight risk controls. Stay vigilant as the market remains dynamic.
Prediction:
BNB is poised for upward movement, with a high probability of reaching $730.00 in the short term if the market remains supportive. However, traders should watch for consolidation near resistance zones and adjust their strategies accordingly.
Cryptomarket
Alchemist AI Beautiful chart!
Tradingview chat here doesn't how the price movement from the inception of this project, but the price went up initially to 0.08 area and had a major correction. The price retraced to Fib 0.786 at $0.03, and started to move up. Many meme type crypto goes through massive correction and if the project and community is strong, it comes back up strongly. This chart shows such trend. The price went up to Fib 0.382, moved back down to Fib 0.618. As I said in other chart analysis , I like the price to bounce up and down and up and down between key Fib levels. The price finally went above Fib 0.5 level which is the very first all time high in Dec 2nd and closed above the line. MACD, Stochastic and RSI all show clear bull signals. If you are interested in trading, the entry is ideally around 0.08 or below 0.09. Stop loss is 0.055 and initial profit target 0.122 (because the price often struggles to move beyond Fib 0.236 - final line of defence for bear), but 0.1622 is a good profit target level.
ETH/USD
"Hello traders, focusing on Ethereum, the price has encountered a powerful FVG on the daily timeframe, sweeping liquidity and experiencing a sharp rejection. The candle formations on the 4-hour and 1-hour charts indicate a potential upward movement from this zone."
Next level would be 3800$ .
Polytrade by Virtual - Bullish!!Since ATH on 29th Nov, the price has been slowly retracing and forming shallow wide bowl over a month. The price went up to test Fib 0.236, retraced back to 0.618 and now ready to move back up. I really like the price to bounce up and down and up and down between key Fib level. MACD, RSI and RSI all crosses and pointing upwards in the bull territory. I am going to take some profit initially at 0.031 at Fib 1.618. I use Fib level and also look for clear negative divergence in 4H and/ordaily time frame to close the position or take a partial profit.
GAME by Virtual - very bullish!The price has retraced to 0.5 Fib level from all time high and now broke above the descending trendline and also decisively broke above the previous higher high at 0.28 area. MACD is about to cross and move up into the bull territory. You can wait for MACD lines to cross above 0, however, Stochastic (9,3,3,) and RSI clearly crossed and pointing upwards above 50 level in 4H chart. 0.27-0.28 is a good entry to buy. Stop loss at 0.22 and Profit target at 0.427 will give you risk reward ratio of 2.84 if you want to trade. But I think it will go much higher. I personally buy the underlying asset (no leverage) and hold it until momentum indicators start to show clear negative divergence.
Bitcoin appears to be stalling at the Fibonacci level.The anticipated Santa rally did not materialize, highlighting weakness in the community. The much-discussed $100k level now seems unattainable as we close out 2024. However, the focus has shifted to maintaining BTC at GETTEX:92K —a level that appear particularly strong.
This GETTEX:92K level has acted as resistance four times in the past and is now serving as support for the fourth time. Interestingly, the 38.2% Fibonacci retracement level aligns with this zone, adding to its significance.
The Bollinger Bands indicate an extreme situation, with prices moving beyond the range of the past 20 candles.
In just two weeks, BTC is down almost 14% from its all-time high (ATH).
In my view, this situation is far from resolved, and 2025 may begin with even weaker dynamics. Why? Financial market fundamentals are deteriorating, the festive period is over, and the next two months are historically the most challenging and inactive.
VADER BullishVader is an AI agent project that invets in AI agent tokens autonomously in BASE chain.
In 1 hour chart, the price broke and closed above descending trendline ( or triangle pattern);
and MACD, Stochastic and RSI lines are clearly pointing upwards in the bull territory. When I trade, I always confirm with Stochastic in a higher time frame. In this instance, I check to make sure Stochastic (9,3,3) in 4H chart is not in overbought territory and ideally close to 50 zone.
You can see in the chart the area of entry, stop loss, and profit target. Risk reward is about 1:2.
Crypto Market Update - December 30 2024Monday Alpha Report
2024 12 30
The Head & Shoulders meme has arrived, with all the major crypto outlets & content creators parading the concept of Bitcoin’s imminent decline to $80,000.
In last week’s reports, I advised a cautious approach and talked about several risk factors appearing in the market. As I expect volatility to pick up this week, it’s essential to be aware of the current downside risk as well as the longer-term upside potential.
While I initially had a more dismissive attitude over the Fed’s hawkishness during our most recent FOMC meeting, as price has continued to be impacted, I doubled down on my analysis. I highlighted how Bitcoin’s significant rallies throughout 2024 were in large part due to a dovish stance from the Fed and clear guidance on current and future rate cuts.
During Powell’s speech two weeks ago, that dovishness evaporated as he pivoted from the assurance of rate cuts to almost the opposite, with the market now pricing in potential RATE HIKES in 2025. This was the catalyst for the current decline in price, bringing Bitcoin back within it’s historical trend of tracking Global Monetary Supply (which has been contracting).
While the majority of the market feels that we are on the brink of an imminent continuation of the Bull Market, as I pointed out not only in last week’s reports but during last week’s live streams, we don’t see the strength we have seen throughout September and November until optimistically end of January, but more realistically end of March or May.
This is because the Fed can’t be seen as so quickly flip-flopping on the issue of inflation, which should not even be their primary concern; unemployment should be, but I digress.
Therefore, my current baseline case is that Bitcoin enters a period of consolidation similar to what we saw from April through October, ranging consolidation making lower lows.
Now, on the topic of alt season, I have yet to reach a conclusive stance on this. As I said in my last report, the market seems committed to the idea of it kicking off Q1 of 2025. Now, even though I believe Bitcoin is unlikely to return to its bullish stride until Q1/Q2 of 2025, there is a historical precedent for altseason popping off without the need for Bitcoin to be rising in price: the 2018 altseason.
At that time, Bitcoin peaked and had already corrected by nearly 30% before alts began to go parabolic. With most alts down significantly, this scenario is unlikely but not impossible. However, at this time, I am not betting heavily on it. Therefore, it is safest for traders to focus on their high-conviction plays and take advantage of the next few months to rebalance their portfolio, set aside fresh capital for investment on further dips, and hold long-term plays.
In the short term, there will be lots of plays for us to anticipate and take advantage of, the primary one right now being AI Agents. I have been doing a deep dive into the ecosystem and market mechanics of the AI Agent sector, spending far too much time on cookie.fun for example, than I would care to admit.
This is the most promising, albeit high-risk, sector to focus on right now for immediate gain and trade opportunities. I recommend adopting a simple trend-following, moving average crossover strategy (30 over 50 EMA) on the 1 to 4-hour timeframe for a simple strategy, as this has backtested to be wildly successful on these assets.
I will post recommendations and trade setups as the New Year progresses.
Market Opportunities:
SPORE - I posted about the Spore opportunity on Thursday. It went up 70% following my post. Has pulled back from LSE:80M MC to $48.5M. Keep your eyes on this one; it might run again, or the party might be over for a while. Momentum is about to fire long on the 4H.
YNE - yesnoerror, sub FWB:30M MC. It’s a ‘DeSci’ AI Agent powered by OpenAI’s o1 model. Its job is to analyze scientific papers for mathematical errors. Followed by most of my smart money accounts on X.
Contract Address: 7D1iYWfhw2cr9yBZBFE6nZaaSUvXHqG5FizFFEZwpump
Chain: Solana
X: x.com
Macro:
Stablecoin Dominance
So far has been unable to successfully break above 6.00%, however our shorter-term moving averages are creeping up, signifying a potential breakout. While we remain underneath the Daily 200 SMA, this metric is in a bearish trend but it is still showing early warning signs of trend reversal.
Stablecoin + Bitcoin Dominance:
So far, following my original game plan to a T. Dead-cat bounced to re-test the breakdown zone, and is currently trending back down below the 200 SMA. If this trend continues, it will be the strongest evidence of altseason coming as the market predicted.
Altcoin Performance Relative to Bitcoin:
Following the expected bounce from the 200 SMA + Time Transformation Buy Signal, this metric mirrors stablecoin dominance: tight consolidation. So far, this is promising as we have not seen an immediate rejection as altcoins tentatively hold on to their outperformance of Bitcoin in the short term.
Bitcoin
Trends:
5M: Bullish
30M: Bearish
1H: Bearish
4H: Bearish
D: Bullish
Key Levels:
POC: $95,347
VWAP: $93,035
Value Area High: $94,700 - $95,171
Value Area Low: $90,899 - $91,946
Resistance: POC
Support: $92,000
Strategy:
Bitcoin is putting in a nice reaction following its brief dip below $92,000 - however, we’re far from out of the woods. 30M is coming up upon resistance, and price has been faked out several times. Price above $95,000 starts to get a bit more hopeful; however, I see a position here. Unless the last four hours of gains are completely given back, this is a promising Daily Doji candle at support, which has lead bounces on the three previous situations in which it occurred.
I can’t underscore enough, however, that Bitcoin is on the cusp of losing its bullish daily trend and is bearish on all other time frames less the 5 minute. The only other chance would be a bounce off the 10 Weekly EMA, which we just experienced on today’s dip.
Regardless, Bitcoin either takes advantage of this short-term momentum and makes a test of $96,000 - or we give back our gains quickly and break support, opening up the $80-$85,000 territory for us. The former is more likely.
Arweave ($AR) Reversal in Play: Eyeing $60!BINANCE:ARUSDT (Arweave) is showing signs of a potential reversal after the week of November 4th. While I’m a bit late to the entry, I’m watching for an optimal entry point to capitalize on potential upside.
Strategy:
Entry Point: Looking to enter below $22
Confirmation: I plan to buy on a weekly close above $23.4. This would confirm the reversal and suggest stronger upward momentum.
Target Price: Aiming for $60 in the medium-to-long term, should the bullish momentum continue.
FET ANALYSIS🔮 #FET Analysis - Both Side Scenario 🚀🚀
💲💲 #FET is trading in a Symmetrical Triangle Pattern. If the price of #FET breaks and sustain the higher price then will see a pump otherwise it will retest the support zone first and then a reversal can come in #FET📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#FET #Cryptocurrency #Support #Resistance #DYOR
RAY ANALYSIS📊 #RAY Analysis
✅There is a formation of Descending triangle pattern on 8hr chart 🧐
Pattern signals potential bullish movement incoming after a breakout.
👀Current Price: $4.845
🚀 Target Price: $5.333
⚡️What to do ?
👀Keep an eye on #RAY price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#RAY #Cryptocurrency #TechnicalAnalysis #DYOR
Litecoin the Rumpelstiltskin of Crypto Ready to Wake UpI hope Santa treated everyone well for the holidays. It’s been a while since I’ve shared some TA, I thought it might be good to check out a dark horse which has been showing some signs of life and a bit of buzz lately. Dino-Coin everyone loves to hate – Litecoin.
On the LTF (1D) Point and Figure, the formation is currently printing a reaccumulation pattern, with strong support consolidating around the $97 handle after printing a Shakeout Spring pattern to the $87 handle in Phase B, a subsequent test of that support at the $97 handle, and a Jump Across the Creek (JAC) in Phase C.
The horizontal price count suggests a potential near-term move to the $140 from a Sign of Strength (SOS), with the potential to cap out the Buying Climax (BC) at the $170 handle.
Given Bitcoin PA appears to be in Phase E of a distribution pattern targeting the $87,000 handle, it’s possible the $87 handle would be tested during this Bitcoin distribution cycle.
Should Litecoin break support at the $97 handle and successfully retest support at the $87 handle, the horizontal price count in this scenario suggests a potential near-term move to the $129 from a Sign of Strength (SOS), with the potential to cap out the Buying Climax (BC) at the $170 handle.
A break below $86 would show a Change of Character from accumulation to distribution, which would invalidate the formation.
Always remember this is not trading advice.
Outside of that, Happy Trading.
Is Bitcoin Preparing for a Retracement?Bitcoin has seen an extraordinary surge of over 100% between September 6th and December 18th, reaching the $100,000 milestone for the first time in its history.
This significant increase can be attributed to various factors. The election of Donald Trump as U.S. President, known for his pro-Bitcoin stance, played a notable role. Additionally, Elon Musk, a key figure in American business and a cryptocurrency enthusiast, has also influenced Bitcoin's surge positively.
Geopolitical tensions, particularly involving Israel in the Middle East and escalating conflicts in Ukraine, have further fueled demand for Bitcoin and other cryptocurrencies. Many retail and institutional investors are turning to Bitcoin as a safe haven amid global uncertainty.
Currently, Bitcoin is experiencing a slight retracement, trading at around $93,000, which is just below the 23.6% Fibonacci level.
Potential Bearish Movement
From a technical standpoint, several indicators suggest a possible bearish retracement for Bitcoin in the coming days.
A sell opportunity may arise if Bitcoin price breaks below the ascending trend line on the daily chart. Here are the key levels to watch as potential targets for a sell:
$87,000: This aligns with the 38.2% Fibonacci retracement level, making it a natural target for a potential sell.
$80,500: This region corresponds to the 50% Fibonacci retracement level, serving as another potential sell target.
$74,000: Coinciding with the 61.8% Fibonacci retracement level, this could act as the final target for a bearish move if the price declines.
Alternative Scenario for an Upswing
Conversely, there is a possibility that Bitcoin may continue its upward trajectory. This bullish scenario hinges on the price maintaining support at the 23.6% Fibonacci level and breaking back above $100,500. If these conditions are met, Bitcoin could challenge its all-time high, approximately $108,000, and potentially target the $110,000 level.
A Conservative Buying Approach
A more conservative buying strategy could be considered if Bitcoin retraces to the 61.8% Fibonacci level, around $74,000. This level is significant, as it represents a previous resistance point that may now act as support.
Key Considerations
It’s essential to remember that Bitcoin behaves differently from traditional assets, with its upward and downward trends often lasting longer. Traders should be prepared for potential volatility as the market continues to react to both technical indicators and external factors.
Careful analysis and strategic planning will be crucial as we navigate this dynamic landscape.
Disclaimer
74% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
Alpha/UsdtBINANCE:ALPHAUSDT
🔹 **Current Price:** $0.0839
🔹 **Resistance Levels (if price holds):**
- 🚀 **$0.0950**
- 🚀 **$0.1034**
- 🚀 **$0.132**
🔹 **Support Levels (if price doesn't hold):**
- 📉 **$0.0750**
- 📉 **$0.0645**
---
### 🚀 If the price stays around **$0.0839** and pushes higher, the next resistance levels are **$0.0950**, **$0.1034**, and potentially up to **$0.132**. If the price tests these levels successfully, it could indicate a strong bullish momentum. 💥
### 📉 If the price falls below **$0.0839**, the support levels to watch are **$0.0750** and **$0.0645**. If the price breaks these levels, there might be further downward movement. ⚠️
---
This is just a technical analysis and is **not financial advice**. Always do your own research (DYOR)! 📊
Correction On Cryptos Can Last A bit Longer.
Cryptocurrencies are still in consolidation, and one of the reasons for these pullbacks or slow price action across some coins is the lower volatility caused by the Christmas and New Year holidays. Another key factor contributing to Bitcoin's recent weakness is the sell-off in US stocks at the end of last week. The correlation between Bitcoin and the Nasdaq 100 remains intact, and I believe there’s potential for further weakness in Bitcoin, possibly down to the 90,000 area, especially if stocks continue to consolidate.
What about ALTseasons everyone is desperately waiting on?
In a risk-off environment, even altcoins are unlikely to produce significant gains. It’s extremely difficult, almost impossible to see an ALTseason when there’s both a risk-off sentiment and a declining Bitcoin. For an altseason to emerge, we need a risk-on environment while bitcoin is consolidating...
Grega
Warning: Bitcoin Could Trigger an Economic Collapse This opinion might not be popular—especially here on Tradingview—but it’s worth discussing. Blind faith in Bitcoin can be dangerous, and today I want to shed light on the risks it entails. This post isn’t about creating fear but rather about encouraging critical thinking and risk assessment.
As a supporter of cryptocurrency and Bitcoin myself, I’ve observed a troubling trend: people are rushing to buy Bitcoin at any price, ignoring a crucial possibility—it might be the largest financial pyramid ever created, with the potential to collapse the global financial system. Here’s why:
Key Risks Associated with Bitcoin
1. Software Vulnerabilities
Bitcoin relies on software developed by the Bitcoin Foundation. This software is not infallible and could contain bugs or even be exploited maliciously. While these wouldn’t compromise the blockchain itself, they could lead to massive theft of funds, triggering a price crash and eroding public trust.
2. Quantum Computing Risks
Current cryptographic security is robust, but computational power is advancing rapidly. Quantum computers pose a theoretical threat to Bitcoin’s encryption. While developers are preparing for this, transitioning to quantum-resistant technology is far from guaranteed to be seamless.
3. Lack of Real-World Use Cases
Bitcoin is often compared to gold, serving as a store of value rather than a functional currency or technological tool. Unlike gold, which has practical applications across industries, Bitcoin’s value hinges entirely on preservation and speculation. Is that enough to sustain its growth?
4. Potential Financial System Collapse
Bitcoin is now deeply intertwined with traditional finance. ETFs like BlackRock’s funnel massive amounts of investor money into Bitcoin. As long as new funds flow in, prices soar. But BlackRock doesn’t care about Bitcoin’s fate—it simply follows the money. If outflows begin, BlackRock will sell, accelerating a price crash. A 90%+ drop could trigger a financial system-wide crisis, impacting everyday people’s savings and investments.
5. Market Manipulation
The crypto market operates in a “Wild West” environment with limited transparency. Institutional and retail investors control 56% of Bitcoin, and Satoshi Nakamoto’s wallet alone holds 5.2% of all BTC. These entities can manipulate prices, short the market, and crash prices for profit without facing any repercussions. In traditional finance, this would lead to prosecution. In crypto? They remain untouchable.
Reality Check: No Risk-Free Investments
There’s no such thing as a risk-free asset or flawless technology. Bitcoin’s allure is built on a dream, but that dream must be scrutinized. Stay alert and cautious.
As for me? Despite these risks, I’ve invested in Bitcoin and held it for a long time. Will I continue? Time will tell. I believe Bitcoin has only two potential outcomes: MIL:1M + or $0. Let’s hope the risks I’ve outlined are nothing more than the ramblings of someone writing at 9 AM. Good luck to all of us!
Yours sincerely,
Mister iM
UP "Please provide a meaningful and detailed description of your prediction..." Says Tradingview
Up. It go up. Why? Idono the same as you do or do not know. It's the simple things I think that makes dollars sound like soundness of mind. While lil Timmy has been working hard to get a few bucks to buy his favorite dog coin he heard about at lunch yesterday in middle school.
Asking a fool like me what to buy with his allowance. Who isn't looking for a return nowadays I guess even at 11 we need to make 1000x gainz because "10 years!?" "That's forever!" he and any other like minded person may say to me. I think all they heard was the "10 Year" Part...😋
Ya know? One things for sure we are all counting dollars when this or whatever thing you think will make you money moves up or down. Hummmmmm Maybe there's something to that whole I need a dollar thought?🤑
I bet it would be carzy to see the Yield on the 10 year US GOV Bonds run up to 16%.
What kind of future are we all living in when that happens??? Asking for this 11 year old thats asking me what the next best coin is from here....
YOLO Moonboyz 🌛 If you feel so inclined to do so.
🚽👄 Toilet Mouth: "Why do all your post say Short!?" or a bunch of "BUT, BUT, BUT"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer 👨💻😈
You have been warned by The Coin SLayer!
P.S. Now witha bag!
P.S.S. well two or Ten