Get started

Cryptotrading

BTC Daily ReviewBTC wicked into daily fair value gap and got rejected there. Now that bullish move is done and failed, next should be bearish response. Nearest liquidity pool is under 61600 and support starts under 61000. Developing Year VWAP 59630 is the border between early bounce and deeper and bloodier correction, where potential target moves to September buy tail EQ around 56k. Reminder that overall chart structure is bullish and will stay that way until BTC cross below 52511. All the dips above that value will form higher low. Higher high at 66450 - only after BTC grow above that value the lower move potential will move up as well. www.tradingview.com Nearest liquidity pools: above - 63115 / 64786 / 65412 / 66120 below - 61600 / 61237 / 60652 / 59961 Lines on the chart: 🔸64601 - July close 🔸63309 - September close 🔸62766 - June close 🔸58942 - August close 🔸57446 - day swing fractal 🔸56000 - September buy tail EQ
by WiseAnalyze
Is #AUDIOUSDT Primed for a Major Breakout or Headed for a Drop?Yello, Paradisers!Is this the breakout we’ve been waiting for in #AUDIOUSDT? Let’s dive into the latest analysis and uncover what’s happening. 💎#AUDIO is currently compressed within a falling wedge pattern, a structure that typically signals the potential for a bullish breakout. If the bulls manage to gather enough momentum, we could see AUDIOUSDT break out of this formation, sparking a powerful upward move. In this case, the price could surge toward the minor resistance zone around $0.1460, and if the momentum continues, we might even see the trend push toward higher resistance levels. 💎However, caution is key. If the bulls fail to sustain the momentum, AUDIO may slide toward the lower support zone at $0.1125–$0.1024, where it could seek liquidity. Should this critical support zone break, we may witness increasing bearish pressure leading to further declines. That’s why it’s crucial to stay patient and wait for confirmation before making any moves, Paradisers. Discipline is everything don’t let emotions cloud your strategy. The best opportunities come to those who trade smart and stay focused. Let's make sure we’re on the right side of this market shift! 🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
SUI at Risk: Bearish Momentum and Key Levels to Watch!Yello, Paradisers! Is SUI heading for another leg down, or will it surprise us with a breakout? Here's our take. 💎SUI is showing strong bearish momentum right now as it faces a key supply area. One of the main signals confirming this is the bearish divergence on the RSI indicator, which often indicates a potential price drop. If SUI gets rejected again (as it did previously), there’s a good chance it will revisit the 1.7180 demand zone, possibly giving us a short-term rebound before continuing its downward journey toward the 1.6 support level. 💎This 1.6 area is crucial because a break below this zone would validate a double-top pattern, suggesting a significant bearish move. Should this happen, we could see SUI targeting the Bullish OB at the 1.24 level. 💎However, if SUI breaks out above its All-Time High (ATH) at 2.18 and closes the day above it, this will invalidate the bearish setup. Such a breakout would signal a bullish continuation, and we’d expect prices to push higher. In that case, it would be wise to close any short positions on SUI, as the trend could shift significantly. Discipline, patience, and strategic positioning are key here. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
DOGE at a Critical Juncture: Breakout Signals Potential RallyMarket Overview: Dogecoin (DOGE/USD) has broken above a key diagonal trendline, suggesting a potential shift in its long-term trajectory. The recent price action also includes a higher-high, and if a higher-low forms during the current pullback, it would solidify a short-term bullish trend. Price Targets: If the breakout holds, Dogecoin could target previous swing highs in the $0.13-$0.14 range. Monitoring the volume profile is key, as strong buying volume will confirm the momentum of this breakout. #Dogecoin #DOGE #CryptoAnalysis #BullishTrend #Breakout
COINBASE:DOGEUSDLong
by Richtv_official
Bitcoin / USD May Rise to 64,370 - 65,100 (READ DESCRIPTION)Bitcoin / USD May Rise to 64,370 - 65,100 Pivot Point: 61,760 – This level acts as the key pivot for price action. Trading above it signals bullish momentum, while breaking below may indicate downside risk. Primary Strategy (Our Preference): Entry Point: As long as 61,760 is support, expect the price to rise toward 64,370 and potentially 65,100. Alternative Scenario: Entry Point: If the price breaks below 61,760, consider short positions for potential downside. Target Levels: 60,550: This serves as the initial downside target. 59,820: Further bearish momentum could push Bitcoin toward this lower support level. Technical Outlook: RSI Indicator: The Relative Strength Index (RSI) is above 50, indicating bullish sentiment and supporting further upside. MACD Indicator: The MACD is positive and above its signal line, confirming the potential for further gains. Moving Averages: Bitcoin is trading above both its 20-period and 50-period moving averages (respectively at 62,441 and 62,143), signaling ongoing short-term strength. Comment: The RSI and MACD both indicate a bullish configuration. As long as the price remains above the 61,760 pivot point, further upside toward 64,370 and 65,100 is expected.
MARKETSCOM:BITCOIN
by CharivapaAlgo
Hooking the BigTime: Reeling in Profits Before the Tide Turns!💡 Overview : This trade setup focuses on accumulation and distribution zones of BITGET:BIGTIMEUSDT.P identified through technical analysis, inflow/outflow metrics, open interest, and funding rates. Based on the data provided, we're targeting a strategic entry point during accumulation, a clear stop-loss level, and a take-profit level based on historical resistance. Let’s dive into the why , what , when , how , and where of this trade. 🐝 Why This Trade? Accumulation Phase 🟢: The accumulation zone between $0.10 and $0.12 is based on increased inflows (green bars) combined with strong support levels where buying pressure was historically dominant. Long/Short Sentiment 📊: A favorable long-short ratio around these levels signals traders expecting upward momentum, supporting the accumulation narrative. Price Bounce Potential 🚀: The charts indicate significant price rebounds after reaching this zone, supported by previous spikes in Open Interest and inflows, signaling that buyers are active here. 🐝 What’s the Plan? We aim to enter the market within the accumulation zone between $0.10 and $0.12 and exit at a key distribution level of $0.15 for a calculated risk/reward trade. 🐝 When? Entry Point 📈: Enter the trade when the price touches or consolidates between $0.10 and $0.12 , confirming that accumulation is happening (evident by inflows outweighing outflows). Exit Point 💰: Exit when the price hits $0.15 , which aligns with a previous resistance level where heavy distribution and outflows were seen, suggesting a potential reversal. 🐝 How? Risk Management Strategy 🔒: Stop-Loss : Place your stop-loss just below $0.10 to protect against downside risk in case the market fails to hold the accumulation zone. Take Profit : Set your take-profit level at $0.15 , which is the projected distribution zone , as prices have historically struggled to break past this level without major outflows. 🐝 Where are the Key Levels? Accumulation Zone 🟢: $0.10 - $0.12 Look for inflows > outflows and rising open interest to confirm accumulation. Take Profit Level 🏆: $0.15 Previous resistance and outflow spikes suggest this is a key distribution zone. Stop-Loss 🛑: Below $0.10 To protect against losses, use a tight stop-loss just below this level where strong support is expected. 🐝 Trade Summary 📝: Entry : $0.10 - $0.12 (Accumulation Zone) Take Profit : $0.15 (Distribution Level) Stop-Loss : Below $0.10 📊 Indicators to Watch : Long/Short Ratio : Favorable for longs near accumulation. Net Inflows/Outflows : Inflows must exceed outflows in the accumulation phase. Open Interest : Look for peaks to signal strong market activity before a potential breakout. 🚨 Final Thoughts : This trade idea relies on well-established support at $0.10 - $0.12 and anticipates a rebound towards $0.15 , where distribution pressure might cause a reversal. Risk is managed with a stop-loss just below the accumulation zone, and profits are locked in at the $0.15 level. Good luck! 🍀📈
Long
by TradeGod_1111
1
BTCUSD: An insane rally is starting courtesy of the USDT Dom.Bitcoin is rebounding today aggressively on the 1D MA50, being only neutral on its 1D technical outlook (RSI = 52.075, MACD = 23.455, ADX = 23.455), indicating that the upside potential is tremendous. One correlating asset in particular is showing that an insane rally is about to start, and that's the USDT Dominance. It is about to make a bearish reversal which on October 12th 2023, kickstarted the last strong rally of Bitcoin. We expect 100k to be met on this one. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
Is IMX Teetering on the Edge of a Major Drop? Critical Levels!Yello, Paradisers! Is IMX heading for a breakdown, or will it stage a powerful recovery? Let's dive into what’s happening and the key levels to watch. 💎IMX is losing momentum after facing a sharp rejection at the crucial $1.83 resistance. Currently, the price seems poised to retest the demand zone around $1.35 as it attempts to gather new momentum. If IMX bounces off this demand area and manages to break through the $1.83 resistance again, we could see a strong upward push back into a bullish structure, increasing the likelihood of reaching our target area. 💎However, if the price fails to hold above the $1.35 - $1.20 demand zone and breaks below, it could trigger a downward spiral toward the $1.03 - $0.90 support zone. This support area still looks relatively fresh and could potentially attract buyers, leading to a significant rebound if respected. 💎But if IMX breaks below $0.90 without showing signs of strength, this would indicate a bearish scenario, paving the way for an even deeper correction. Stay vigilant, and as always, trade wisely! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
#BNBUSDT Showing Signs of Weakness | Is it Time to Sell #BNB? Yello, Paradisers! Are we about to witness a major #BNB breakdown or a move upward? Let's discuss the latest analysis of #BinanceCoin: 💎#BNBUSDT has been showing clear signs of weakening bullish sentiment, much like Bitcoin. Recently, we observed a failed breakout from a key resistance zone, further strengthening the bearish outlook. Now, as #BinanceCoin approaches this major resistance again, there’s a real possibility it could fail to break through once more. 💎The diminishing trading volume and the Point of Control (POC) from the VRVP indicator acting as resistance increase the chances of a further drop. If #BNB fails to break the crucial resistance zone between $610-$637, it’s highly likely we will see a retest of the Bullish Order Block (OB) at $471.6. 💎However, should #BNB fail to hold at $471.6, the next major support zone to watch is at $387. This area is rich in liquidity and could create a strong opportunity for a pullback if tested. 💎On the flip side, if the symmetrical triangle’s lower support holds up well, we could see the bulls regaining control, potentially sparking a bullish rally. Keep in mind that the overall market sentiment, along with Bitcoin’s price movements, will play a key role in determining #BNB’s next move. If you want to be consistently profitable, you need to be extremely patient and always wait for high-probability trading opportunities. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
1
TONUSDT Potential up trend continuation after correctionTONUSDT bounced off the psychological level at 6.00 and is now heading toward the support level near 5.00. A significant bullish divergence has formed on the 1H timeframe, increasing the likelihood of a bounce off the support level and the downward trendline. The market may enter an accumulation phase between the 6 and 5 levels. With bearish momentum fading, the price could rebound. The target is the resistance zone at 5.670
Long
by RTED_Investing
TRXUSDT Potential Up trend continuation after bounce from the suSince the launch of the platform for meme coins, the Tron network has garnered significant attention in the crypto space. The price action of TRXUSDT looks promising, characterized by a smooth formation of higher highs and higher closes. Recently, the market pulled back from the resistance zone and is now testing the support level at 0.1525, which has been respected twice before. There’s potential for the market to bounce back from this support level and the upward trendline, especially with the emergence of rejection candles. The target is the resistance zone at 0.1575
Long
by RTED_Investing
Bitcoin facing decline amid Bearish pressureBTCUSDT continues its downward trend, with a noticeable lack of buying pressure since late August. The price action has been characterized by consistent lower lows and lower closes. Even on the daily chart, we see this pattern persisting, despite a recent false breakout below the July low, with the price hovering near that level again. Historically, September tends to be a difficult month for Bitcoin, often resulting in negative performance. This pattern suggests that the price could drop further, potentially breaking below the 50,000 mark and aiming for the support zone between 48,000 and 45,000. If the price reaches this zone, a strong rebound could occur, potentially sparking a new bullish trend. The target is the support level at 51,220.00
Short
by RTED_Investing
BTCUSDT Potential short-term Pullback around the Resistance zoneBTCUSDT has reached the 65,000 resistance zone, a level where a significant drop occurred previously. Although the market broke and closed above the downward channel, it remains in consolidation on the daily timeframe, oscillating between the range's top and bottom. The price is currently near the top of this range, suggesting a potential bounce. A divergence at the resistance zone adds to the likelihood of a downward move. This combination suggests we could see a short-term pullback. The target is the support level at 61,000
Short
by RTED_Investing
1
ADAUSDT potential Bearish movementADAUSDT has reached the resistance zone at 0.39, where it was rejected with an engulfing candle pattern, signalling potential bearish pressure. The market has been moving sideways for the past two months on the daily timeframe, while the overall trend remains bearish, consistent with other altcoins. With the price at the top of the range, there is a strong possibility of a pullback as consolidation continues. Additionally, the formation of an ABC pattern further supports the likelihood of a retracement. The target is the support level at 0.36
Short
by RTED_Investing
2
Will Bitcoin Bounce Back? Monitoring Critical Support ZonesCurrently, Bitcoin's support line is holding steady, but we've dipped into a zone that we were trying to avoid. I hope we can maintain support at this downward trendline, which I anticipated. However, the ongoing dock workers' strike adds a layer of uncertainty to the market. We need to closely monitor whether we can achieve another bounce off this trendline. If we can't hold, we could sink further into the $59,000 to $58,500 range, which feels a bit like quicksand. For those following my charts, I recommend staying alert and prepared for potential shifts in the market.
GEMINI:BTCUSD
by CryptocurrencyWatchGroup
AVAX Long Spot Position (Support Entry)Market Context: AVAX has retraced to a key support level between $23.00 and $25.50, offering a strategic entry point for a long trade as it shows potential for a bounce. Trade Setup: Entry: In the current $23.00 - $25.50 level of support. Take Profit: First target: $30.50 - $33.00 Second target: $39.00 - $41.50 Stop Loss: Just below $24.50. This trade aims to leverage the support level for a potential upward movement, maintaining a favorable risk-reward ratio. #AVAX #SupportTrade
Long
by Richtv_official
AR Long Spot Position (Support Entry)Market Context: AR has retraced to a significant area of support between $18.00 and $20.00, creating a favorable opportunity for a long trade. This setup looks promising if the support holds. Trade Setup: Entry: In the current $18.00 - $20.00 area of support. Take Profit: First target: $24.00 - $26.50 Second target: $32.00 - $35.00 Stop Loss: Around $16.00. This trade aims to capitalize on the bounce from support, providing a structured risk-reward profile. #AR #SupportTrade
Long
by Richtv_official
THETA Long Spot Position (Support Entry)Market Context: THETA has retraced to a key support level at $1.30, presenting a solid opportunity for a long trade. The setup provides a good risk-reward profile if the support holds and the price starts to bounce. Trade Setup: Entry: At the current $1.30 level of support. Take Profit: First target: $1.50 - $1.67 Second target: $1.85 - $2.05 Stop Loss: Just below $1.24. This setup focuses on capturing the bounce from support with defined risk. #THETA #SupportTrade
Long
by Richtv_official
Has #BAL Hit Bottom, or Is There More Downside Ahead? Watch OutYello, Paradisers! Are you ready for what could be a huge move on #BAL? Let's discuss the latest analysis of #Balancer to see what's happening: 💎#BALUSDT is currently showing strong signs of a bullish continuation, holding steady at the critical support level around $1.76. We’ve been closely tracking Balancer’s journey within a Descending Broadening Wedge pattern, and now it's making a move to break through that descending resistance line. 💎Volume has been solid for a while now, and just two months ago, GETTEX:BAL made its all-time low. You know the saying, "Once we hit the bottom, the only place left to go is up!" sounds completely true in this scenario. 💎If GETTEX:BAL maintains its strength at this level, we could be on the brink of a significant rally, following past bullish trends. A breakout above the $2.57-$3.07 resistance zone could pave the way for higher targets and potentially new highs. 💎However, If momentum fades around this critical support, a pullback to the lower demand area near $1.533 could be on the cards. A daily close below this demand area would invalidate our bullish outlook and could signal further downside ahead. Stay vigilant, Paradisers, and closely monitor #BAL's price action. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
4