Cardano - The Historic Rally Of +700%!Cardano ( CRYPTO:ADAUSD ) perfectly repeats the previous cycle:
Click chart above to see the detailed analysis👆🏻
Cardano perfectly retested a major horizontal support in the beginning of 2023. Recently we then saw the break above the neckline of the double bottom formation and a rally of about +400%. Cardano is clearly repeating the cycle of 2021 and a potential rally of another +700%.
Levels to watch: $0.7, $6.0
Keep your long term vision,
Philip (BasicTrading)
Cryptomarket
BTC Market Thesis – February 20, 2025Current Market Overview
Current Price: $97,632
Open Position: $95,917.6
Decision: HOLD_BUY – The market is showing bullish momentum, suggesting further upside potential.
Stop Loss: $95,000
Take Profit: $99,600
Confidence Level: 80%
Technical & Market Indicators
RSI (1h): Indicates bullish momentum, suggesting buyers are gaining control.
MACD: Showing a moderate upward slope, signaling potential for further price appreciation.
CME Options Data:
Put/Call Ratio: 0.9 – slightly bullish as call options dominate.
Open Interest: Moderate, meaning traders are engaged but not at extreme levels.
Binance Perpetuals:
Funding Rate: 0.01 – Market leaning slightly towards longs.
Open Interest: 78,892 BTC, indicating a healthy level of market participation.
Profit Ratio Today: 1.20 – Indicates that traders who entered today are mostly in profit, reinforcing positive sentiment.
Possible Scenarios & Probability
1️⃣ Bullish Scenario (60% Probability)
📈 BTC breaks above $98,000 and reaches $99,600
Strong bullish sentiment pushes BTC past key resistance levels.
RSI & MACD confirm continued upward momentum.
Positive funding rate and moderate OI support a sustained uptrend.
Institutional traders (CME data) continue to favor long positions.
2️⃣ Neutral Scenario (25% Probability)
🔄 BTC consolidates between $96,500 – $98,000
Some profit-taking slows the rally, but support at $96,500 holds.
MACD remains positive but shows weakening momentum.
Open Interest suggests indecision, with traders waiting for further signals.
3️⃣ Bearish Scenario (15% Probability)
📉 BTC drops below $96,500 and tests $95,000
Unexpected negative news or macroeconomic factors trigger a sell-off.
RSI becomes overbought, leading to short-term correction.
A decline in Open Interest suggests traders are closing positions.
Final Takeaway
Primary Strategy: Hold and monitor resistance at $98,000.
Risk Management: A stop loss at $95,000 protects against unexpected downturns.
Trigger to Sell: If BTC struggles at GETTEX:98K with weakening momentum, a short-term exit may be considered.
Trigger to Buy More: A clean break above GETTEX:98K with strong volume confirms continuation to $99,600+.
Crypto Total Market Cap Analysis – The Final Ride is ComingMarket Context
The chart represents the Total Crypto Market Cap (CRYPTOCAP) on a 1W timeframe.
Historical price action shows cyclical bull and bear market trends driven by market sentiment, liquidity cycles, and macroeconomic factors.
A similar pattern to 2020’s breakout is forming, suggesting a potential parabolic rally ahead.
Current Market Position
We're here: The chart marks the current phase as a consolidation after a strong upward move.
A similar pause and accumulation phase occurred in late 2020 before the explosive 2021 bull run.
Market cap is hovering around $3.19T, forming a temporary resistance zone within the red-circled area.
Key Technical Indicators
Higher Lows & Higher Highs: A bullish structure remains intact.
Breakout Setup: Price consolidating near resistance often precedes a strong continuation.
Potential Target: The projected move suggests a rally towards $5.75T+ based on historical patterns.
Market Sentiment & Catalysts
Upcoming Bitcoin Halving (2024-2025): Historically sparks massive inflows into the crypto market.
ETF Approvals & Institutional Demand: Driving liquidity and mainstream adoption.
AI & Blockchain Innovation: Continued growth in real-world use cases enhances long-term fundamentals.
ETH Breakout Incoming? Bullish Trend Confirmation! Market Update:
CRYPTOCAP:ETH has been consolidating in an accumulation phase after a strong bearish trend on the 4-hour timeframe. This phase often indicates that smart money is positioning for the next big move!
Key Levels to Watch:
🔹 Resistance Level: 2920
🔹 Support Level: 2500
Bullish Confirmation Strategy:
🔹 Breakout of the accumulation phase
🔹 Break of the resistance level
🔹 A 4H candle closure above resistance
Trade Setup:
Once these confirmations are in place, we can anticipate a strong bullish rally. I'll be looking for long entries with proper risk management and a favorable risk-to-reward ratio.
What’s Your Take?
Will #ETH break out, or will bears take control again? Drop your thoughts in the comments!
#ETH #Crypto #Trading #Breakout #CryptoTrading
Long KAVAUSDT (D1). X2Long KAVAUSDT on D1
Entry : current price (0.49-0.5)
TP : 1 (x2)
Exit : confirmation on D1 below PoC & MA200 (0.4).
RR = 5:1
Duration: from 2 weeks to 1.5-2 moths probably.
Why?
After the great capitulation we witnessed yesterday (more than 2bln liquidations of 700k traders) KAVA shows unprecedented signs of strength.
Bounced on big volume from PoC and MA200 (which are also above multi-month consolidation in july-nov 2024).
Haven't done a thorough research on project's fundamentals. So, in case you DYOR'ed it please leave a comment if there's red flags from this perspective.
But regarding TA, that's exactly that I wanted to see.
BTC Bullish Continuation (Another Top OR New Prominent High?)BTC price seems to exhibit signs of overall bullish continuation as the price action may form a credible Higher Low on key Fibonacci and Support levels.
There might be a possibility that BTC may break it's All Time High Price of 109588. It might be worth observing price the action further if 109588 breaks. A potential break may be indicative of another top OR new prominent high (if the range considerably breaks).
Trade Plan :
Entry @ 97389.73
Stop Loss @ 87000
TP 1 @ 107779.46 (Before All Time High)
TP 1.5 - 2 @ 112975 - 118169.19 (After All Time High)
Ride Further with Caution if TP1 hits and move Stop Loss to Break Even if TP1 hits as well.
#ARCUSDT - Monitor this asset closely📈 LONG BYBIT:ARCUSDT.P from $0.25588
🛡 Stop Loss: $0.24176
⏱️ 1H Timeframe
✅ Overview:
➡️ BYBIT:ARCUSDT.P has broken out of a Falling Wedge pattern and is following an upward trend.
➡️ The POC (Point of Control) at $0.24041 confirms liquidity in this zone, potentially acting as strong support.
➡️ The key resistance is at $0.25588; if the price holds above this level, it may lead to further gains.
➡️ Increased volume signals strong buyer activity and a high probability of continuation.
⚡️ Plan:
➡️ Important: Set an order in advance to ensure execution when the price reaches the entry level!
➡️ Enter long above $0.25588.
➡️ Stop-Loss placed at $0.24176 for risk management.
🎯 TP Targets:
💎 TP1: $0.26618
🔥 TP2: $0.27640
⚡️ TP3: $0.28670
🚀 BYBIT:ARCUSDT.P - Monitor this asset closely!
🚀 Place your order in the listing so that it executes automatically when the breakout occurs.
TradeCityPro | Bitcoin Daily Analysis #11👋 Welcome to TradeCityPro!
In this analysis, as usual, I'll review the appropriate futures triggers for the New York session.
🔄 Yesterday, the market activated the long trigger and rose from the box's floor, so before delving into today’s analysis, I’ll also review this trigger for you.
⏳ 1-Hour Timeframe
Yesterday, the trigger I had set at 964446 was activated and provided a very good position. The top line of the Expanding Triangle is also being broken, and the trigger for breaking this triangle will be at 97816.
⚡️ If, concurrently with the break of the triangle's upper line and the trigger of this triangle, volume also increases, we can say that bearish momentum has entered the market and the price might finally exit the range box it has formed.
🔼 The main trigger is the break of the box’s ceiling at 98482, and if this area is broken, we can confirm the price’s bullish trend.
📊 For a long position, the appropriate trigger seems to be breaking 97816, and I personally am waiting for this trigger. A break of 65.46 in the RSI would give me a momentum entry trigger.
📉 For a short position, we must first wait for the bullish momentum in the market to dissipate and wait for bearish momentum to arise and create a short trigger structure. Until then, the short triggers will be from 96446 to 95108.
📅 BTC.D Analysis
Let’s move on to the analysis of Bitcoin dominance. Yesterday, dominance was ranging, and almost no difference was noted from the previous day, but I've adjusted the area from 61.10 to 61.04. If this area is broken, dominance could move downward toward 60.48.
🔑 For an increase in dominance, if 61.49 is broken, we can expect the upward trend to reach 62%.
📅 Total2 Analysis
Moving on to Total2. Yesterday, the trigger at 1.21 was activated, and this index is moving upward. The next resistance that price could face is at 1.24, and if this resistance is broken, Total2 could move up to 1.28.
Conversely, if Total2 moves downward again, the short trigger will be at 1.19. Keep an eye on Bitcoin dominance to decide whether to open positions on altcoins or Bitcoin.
📅 USDT.D Analysis
Let’s discuss Tether dominance. In this chart, our trigger from yesterday, 4.55, was activated like Total2, and this area was broken. Currently, the next support for Tether dominance is at 4.46.
If 4.46 is broken, the next area will be 4.40, and for confirming a long position, you can use the break of these supports. Conversely, for a short position, if 4.62 is broken, Tether dominance will increase, indicating that the market will be bearish.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Solana (SOL) at a Crossroad: Breakout or Breakdown? Solana (SOL/USD) Technical Analysis
📊 Market Structure:
Solana has tested the support zone around $169 - $157 and is attempting a recovery. The price is currently trading around $174.00, showing signs of a possible pullback before confirming direction.
🔹 Bullish Scenario:
If SOL holds above $169, we could see a bounce toward the resistance zone at $192 - $202. Breaking and stabilizing above $202 could open the path for a move toward $221 and beyond.
🔻 Bearish Scenario:
If SOL fails to hold above $169, a drop toward $157 is likely. A confirmed breakdown below $157 would indicate further weakness, potentially pushing the price toward $121 (major support level).
📌 Key Levels to Watch:
Pivot Line: $169
Resistance Levels: $192, $202, $221
Support Levels: $157, $145, $121
💬 Is Solana setting up for a major bounce, or will it break down further? Drop your thoughts! 👇🔥
#LINK $ $ #Chainlink $ 14''Ecosystem $ #Cryptocurrencies #link#LINK A technical analysis review that can be considered a leading reference to the change in ''Current market structure and crypto cycle''. The target price tags on the #LINK chart are my crypto exit plan. In this regard, we are in the 5th wave leg that supports the last rise, we will follow possible price movements.
#AGLD Ready for a Major Breakout? Accumulation Phase Ending!🔹 Trend Overview: After a prolonged downtrend, #AGLD has entered a strong accumulation phase, signaling a potential trend reversal.
🔹 Key Levels to Watch:
Resistance: 1.4
Support: 0.865
🔹 Trading Plan:
We are watching for a breakout above resistance to confirm an uptrend. If volume supports the move, it could trigger a strong rally.
🔹 Confluence Factors:
Fibonacci Levels Aligned
Volume Increasing
RSI Showing Bullish Divergence
🔹 Trade Setup:
Long above 1.4
Stop Loss: 0.865
Targets: 2.18 & 3
🔹 What do you think? Will #AGLD break out or fake out? Drop your thoughts below!
🔹 Follow for more real-time setups & market insights!
Bullish Breakout for Sonic – Ideal Entry Levels to Watch!SET:SONIC (previously FTM) has broken above $0.733, confirming bullish momentum. However, a short-term pullback toward $0.645 - $0.618 could offer a better entry before the next move higher.
If support holds, the price may target $0.85 - $1.00, while a drop below $0.55 could weaken the bullish outlook. Patience is key for an optimal risk-reward setup.
Wave2 Nearing Completion: Bullish Momentum for Internet ComputerWave 2 Analysis
Wave structure analysis suggests that ICP has been following a five-wave impulse pattern. The first wave began in December after ICP hit a low of $2.70 in September. By March, ICP surged to a high of $21, marking the end of the first wave. The second wave, which is a corrective wave, saw ICP retracing to the 0.786 Fibonacci retracement level of $6.58 by July. This level has been retested multiple times, indicating strong support.
Current Market Sentiment
The recent price movements show that ICP has been trading sideways, forming an ascending triangle pattern. This pattern is typically a bullish continuation pattern, suggesting that the price might break out upwards. The Relative Strength Index (RSI) indicates that ICP is not overbought, providing room for further upward movement.
AI Narrative and Decentralized Cloud
The AI narrative and the shift towards decentralized cloud solutions are significant factors contributing to the bullish outlook for ICP. Centralized cloud providers like AWS, Microsoft Azure, and Google Cloud dominate the market, but they also pose challenges such as high costs, regulatory issues, and susceptibility to political pressures. Decentralized alternatives like Internet Computer aim to democratize cloud infrastructure, reducing reliance on centralized entities and fostering innovation.
Conclusion
Given the wave structure analysis, strong support levels, and the growing narrative around AI and decentralized cloud solutions, ICP is poised for a potential bullish breakout. If the price breaks above the ascending resistance, it could mark the beginning of the third wave in the five-wave impulse pattern, leading to significant price appreciation.
BTC at a Crossroads: Breakout or BreakdownBTC/USD Technical Analysis
Bitcoin (BTC) has been consolidating within a symmetrical triangle pattern, indicating indecision in the market. A breakout in either direction could determine the next major move.
Key Levels to Watch:
Bearish Scenario: A confirmed breakdown below $92,000 could trigger a sell-off toward $72,000, aligning with the untested breakout zone around $70,000, which BTC never retested after surpassing it.
Bullish Scenario: A successful push above $107,000 would invalidate the bearish outlook and signal further upside momentum, potentially leading to new highs.
Market Outlook:
A break above or below the symmetrical triangle will likely set the next trend direction.
Volume and momentum indicators should be monitored for confirmation.
If BTC remains within the triangle, expect continued ranging until a decisive breakout occurs.
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
Long S/USDT (h4-d1). x3-4 probably.Long Sonic on H4-D1.
Entry : current level or limit order @ 0.48
TP : 1.5 and 2
Exit : confirmation on D1 below 0.38 (2nd test on Feb,8 of local lows)
FA:
Sonic - EVM L1-chain with high performance (10k TPS with subsec finality)
Previously it was Fantom but recently rebranded.
CTO - Andre Cronje.
Trades on all major CEX.
Top-21 among Chains (Defillama) by TVL - $393mln
1/ Strategic angel investors: Michael (Curve), Stani (Aave), Robert (Compound), Tarun (Gauntlet), and Sam (FRAX), as well as our venture partners Hashed, Signum Capital, and UOB Venture Management (source: soniclabs).
2/ FDV = MCap!!!
3/ Massive airdrop on June around $100mln (current TVL - $393mln, so it's 25% profit on you locked capital if the price remains the same)
4/ 90%-revenue sharing with dApps built on Sonic
TA:
1/ EMA21 and 55 cross on H4
2/ strong bounce on high volume above PoC and MA-cross
3/ capitulation on Feb,3 (weak hands shakeout)
Can repeat that SUI did.