Falling towards pullback support?Ethereum (ETH/USD) is falling towards the pivot which is a pullback support and could bounce to the 38.2% Fibonacci resistance.
Pivot: 3,314.10
1st Support: 3,213.30
1st Resistance: 3,501.74
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
D-ETH
Opulous ($OPULUSDT): Awaiting Entry for 100% + Upside in MusicFiI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
**Opulous ( KUCOIN:OPULUSDT ): Awaiting Entry for Promising Upside in MusicFi**
Trade Setup:
- Entry Price: $0.06486 (Pending Activation)
- Stop-Loss: $0.04369
- **Take-Profit Targets:**
- **TP1:** $0.14686
- **TP2:** $0.24000
**Current Price:** $0.07048
Fundamental Analysis:
Opulous ( KUCOIN:OPULUSDT ) is leading the way in MusicFi by merging decentralized finance (DeFi) with the music industry. Through its platform, artists can mint music as NFTs, allowing fans to directly invest in their music and share in royalty streams. This revolutionary approach is disrupting traditional music rights management and has garnered significant attention from artists and investors alike.
Recent developments, such as new artist partnerships and an increase in platform adoption, underscore Opulous’s potential to drive innovation in the blockchain space.
Tokenomics Overview:
- **Total Supply:** 500 million tokens.
- **Utility:** Facilitates music NFT transactions, staking, and royalty payments.
- **Growth:** Rapid adoption within the MusicFi niche, attracting both artists and investors.
Technical Analysis (4-Hour Timeframe):
- Support Levels: $0.06500 is a strong support zone near the anticipated entry price, aligning with previous price consolidation levels.
- Resistance Levels: $0.07500 is the first key resistance, with further resistance at TP1 ($0.14686).
- Moving Averages:
- 20-EMA: $0.07000
- 50-EMA: $0.06700
- Relative Strength Index (RSI): Currently at 57, signaling neutral momentum, providing room for further upside.
Market Sentiment:
Interest in MusicFi continues to grow, with Opulous at the forefront of this trend. The unique proposition of allowing fans to invest in music royalties via NFTs is driving increased market interest. Community engagement remains strong, reflecting confidence in the project’s long-term potential.
Risk Management:
The stop-loss at $0.04369 provides protection against significant downside risk, while the take-profit targets offer excellent upside potential. TP1 represents a **126% return**, and TP2 offers a potential **270% gain**, making this trade highly attractive for mid- to long-term investors.
Key Takeaways:
- Opulous is uniquely positioned to capitalize on the growing MusicFi trend, blending blockchain with real-world applications in the music industry.
- Awaiting a pullback to $0.06486 for an optimal entry point into this promising setup.
- The trade offers a compelling risk-to-reward ratio, ideal for swing traders and long-term holders.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
Where is the good shopping area?hello friends
This currency has been able to attract the attention of buyers with its good growth.
Now that it is in the correction phase, it is a good opportunity to buy a step.
We have defined the purchase steps for you and we have also defined its goals.
*Trade safely with us*
Expect ETHEREUM to start outperforming BITCOINOn this analysis we compare Bitcoin's last two Cycles to Ethereum's.
The recent underperformance of ETH against BTC has got many worried but in our view, there is no reason for concern.
This 'lagging' is something ETH did on its previous Cycle as well. While Bitcoin already broke to a new ATH in December 2020, Ethereum was still significantly under it.
Once the break out happened, ETH outperformed BTC by double the rise to the Cycle's Top (+789% against +337%).
As Ethereum is once more lagging but it is holding its 1week MA50, we expect to start outperforming Bitcoin again, which is leading with a break out.
In our view the time to move to the 'undervalued' Ethereum is now.
Follow us, like the idea and leave a comment below!!
ethusdt eth long"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
#ETH (SPOT) IN (3200- 3600) T.(26.000) SL(3100)BINANCE:ETHUSDT
#ETH / USDT
Entry (3200- 3600)
SL 1D close below 3100
Target 5600.00
______________________________________________________________
Golden Advices.
********************
* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
****************
My total posts
www.tradingview.com
**********************************************************************************************
#Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT #AVAX #WAXP #OGN #AXS #GALA #ONE #SYS #SCRT #DGB #LIT #QI #FIL #GLMR #ATOM #ETH
ETH | FRACTAL ATH $6000 | Bitcoin Overlay I'm still anticipating the new Ethereum All Time High .
I just don't believe that BTC will make such a climb and ETH stays behind - it hasn't happened before, I don't believe it will happen this time.
What has happened before, is an interesting topic - ETH usually makes its ATH AFTER the BTC rally, about when the cycle comes to an end. We see this playout during the past two peaks. Ethereum stays fairly low beneath it's own previous ATH , and shoots out above BTC just when the cycle ends.
Using a fractal form the previous cycle, this puts an interesting target on ETH.
_______________________
COINBASE:BTCUSD COINBASE:ETHUSD
OPtimism At Its Best!📌Fundamental:
- Optimism (OP) is a Layer 2 scaling solution for Ethereum that enhances transaction speed and reduces costs through several distinctive features:
- Optimistic Rollups: Processes transactions off-chain and submits them to Ethereum in batches, increasing throughput and lowering fees.
USE THE BITCOIN
- EVM Compatibility: Fully compatible with the Ethereum Virtual Machine, allowing developers to deploy existing Ethereum smart contracts with minimal modifications.
USE THE BITCOIN
📌Technical:
OP rejected the lower bound of the rising broadening wedge pattern.
I am expecting a movement towards the upper bound of the wedge, targeting the $6 round number.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$STFX Up 116% in 7 Days—Is This the Next Big ETH Utility Token?The Ethereum-based memecoin $STFX has captured the attention of the crypto market, surging an impressive 116% over the past week. As the native token of the innovative STFX platform, $STFX combines the allure of DeFi functionality with the simplicity of memecoins, offering a unique proposition to traders and investors alike. With a hard-capped supply of 1 billion tokens and a current market capitalization of $11.2 million, $STFX may be positioned for explosive growth, both technically and fundamentally.
What Makes $STFX Unique?
$STFX powers the STFX platform, a decentralized ecosystem that introduces Single Trade Vaults (STVs). These DeFi vaults enable traders to propose trading strategies, raise funds from other users, and execute trades collaboratively. This model not only democratizes trading but also aligns incentives for both traders and investors.
Currently, $STFX operates across multiple blockchains, broadening its reach and usability. Despite its growing adoption, the token remains relatively under the radar, as it has not yet listed on any decentralized exchanges (DEXs) apart from MEXC. This presents a golden opportunity for early adopters to enter the market before institutional players and larger investors potentially drive up demand.
Technical Analysis
The daily price chart for $STFX indicates a bullish engulfing pattern—a strong reversal signal suggesting continued upward momentum. Complementing this, the Relative Strength Index (RSI) sits at 71.80, signaling bullish strength without entering extreme overbought territory.
Key technical levels include:
- Resistance: The pivot point lies above the one-month high, hinting at a potential breakout to higher price levels.
- Support: In the event of a correction, immediate support can be found at the one-month low of $0.008.
This technical setup suggests that $STFX may continue its upward trajectory, potentially breaching its previous highs as bullish momentum builds.
Growth Potential
With a current market cap of just $11.2 million, $STFX offers significant upside potential. If the token achieves a market cap of $50 million to $100 million—a realistic target given its innovative use case and growing popularity—early investors could see substantial returns.
The token’s unique utility within the STFX platform adds intrinsic value. As more traders adopt Single Trade Vaults and the platform gains traction, demand for $STFX is likely to increase. Additionally, the token’s hard-capped supply ensures scarcity, which could further drive price appreciation.
The Opportunity for Early Investors
$STFX’s limited presence on exchanges provides a window of opportunity for retail investors to accumulate the token before broader adoption occurs. With institutional interest in DeFi continuing to grow, $STFX’s innovative model could attract significant attention, potentially driving its market cap to new heights.
As of this writing, $STFX is trading within a bullish trend, up 13% on the day. For those looking to capitalize on its momentum, now might be the time to take a closer look at this emerging token.
Conclusion
The combination of $STFX’s innovative utility, strong technical indicators, and low market cap creates a compelling case for early investment. While risks remain—including the potential for short-term corrections—the long-term prospects for $STFX appear promising. As the platform’s adoption grows and the token gains visibility, $STFX could very well become a standout player in the Ethereum and DeFi ecosystems.
Investors should keep a close eye on $STFX’s technical and fundamental developments as it continues to carve out its niche in the rapidly evolving crypto landscape.
Could the Bitcoin drop from here?The price is reacting off the pivot which acts as a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop to the 1st support.
Pivot: 3,718.97
1st Support: 3,524.81
1st Resistance: 3,834.79
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ETH Retracement before next Upside LegPrice has been in an uptrend, and we expect it to continue its ascent towards the 0.79 fib retracement level (near $3,900), which is a key resistance zone.
After reaching the 0.79 level, we anticipate a retracement to the demand zone (marked in gray around $3528), which is where buying interest may increase.
The demand zone represents a region where price previously experienced significant buying pressure, making it an ideal area to look for entries after the retracement.
Once the retracement completes in the demand zone, we expect ETH to rally and create new highs, pushing toward the next resistance zones.
LOE Something's cooking here...Alright guys, after I gave you VEXT the last time and a 12x within a blink of an eye, this time here another gem which is worth to be observed more. But this one is kinda tricky...
We can find a hint where this coin could go in the future or probably very fast in this bullrun:
On March 29th-30th 2024 the currency of the Play-And-Earn fantasy game "Legends of Elysium" (LOE) made an All-time high of $9.15 after the first private sale round to VCs and early investors before the token launched on various central exchanges (CEX) and decentral exchange (DEX) swaps. The data before April just popped up recently on Coinmarketcap, although it could've been just a candle wick for a brief moment of time. It wasn't visible before November / December 2024 when I checked. In Coingecko and in charts here on TradingView like e.g. of Gate.io, MEXC or Bitget it's also not visible.
So it's probably nothing... Or is it? Well, the marketcap right now sits at around $220k and the FDV is $3.2M which is kinda promising. Reaching a $1 B marketcap could be in the cards (pun intended). The developer team is constantly updating the game and announces always news like the new Battlefield Mode which was implemented recently.
Chartwise the RSI is making constant higher lows since almost a year which could indicate a massive bullish divergence on the daily and weekly. Furthermore LOE is forming a double bottom since October which also could be an indicator for incoming of new buyers and the stability of the coin.
So who wants to bet this thing will pop off?
Is CTT dead?BYBIT:CTTUSDT
Im just curious on where CTT is at because i have seen a little speculation online about how 'CTT is dead' or 'The scam has played out..'
To me? If this bottoms here there is an exponential amount of gains to be made here.. to the point were if your putting 1k down at this bottom now and say it goes back up to a resistance of 0.0040.. thats a 6.5k profit of such little movements.
Trade safe, RPM
Breaking: $SPX6900 ($SPX) Surges 65% in 3 DaysThe crypto space is buzzing with excitement as SPX6900 ( SP:SPX ), an Ethereum-based memecoin, records an impressive 65% surge over the past three days, including a 17% gain today. This meteoric rise has captured the attention of investors and analysts alike.
From Humble Beginnings to Massive Gains
Launched in 2023 at just $0.00067, SP:SPX has grown into a standout token, now trading at $1.57—a jaw-dropping return for early adopters. This memecoin, inspired by advanced blockchain cryptography, is positioning itself as more than just a digital asset, with potential applications in scientific and financial realms.
Notably, SP:SPX boasts a 20,000-strong community, with prominent figures like Murad acting as moderators. The token’s vision? To one day rival the traditional S&P 500 index, which has a market cap in the trillions.
Technical Outlook
Currently, SP:SPX is trading within a bullish pattern and is up 17% on the day. However, with an RSI of 85, the token appears to be overbought, signaling the possibility of a short-term correction.
Key Stats at a Glance:
- Market Cap: $1.45 Billion (Ranked #99 on CoinGecko)
- 24h Trading Volume: $117.37 Million (+160% in 24 hours)
- All-Time High: $1.57 (January 6, 2025)
- All-Time Low: $0.001318 (February 2024)
- Circulating Supply: 930 Million SPX tokens
The Movement Behind SPX6900
SPX6900 represents a paradigm shift in finance. With the bold claim that “6900 is more than 500,” it challenges traditional benchmarks like the S&P 500 and symbolizes the complexity and vastness of modern interconnected financial systems.
This token isn't just about numbers; it’s about rethinking dominance and relevance in global markets. The SPX6900 movement calls for a broader, more inclusive representation of financial growth and innovation.
Where to Buy $SPX6900
SPX6900 is available on top exchanges like:
- Bybit (Most active pair: SPX/USDT)
- Gate.io
- KuCoin
Final Thoughts
$SPX6900 has emerged as a force to be reckoned with, fueled by its strong community, bold vision, and impressive growth trajectory. Whether it can sustain this momentum remains to be seen, but for now, it’s clear that SPX6900 is making waves in the crypto world.
Join the SPX6900 revolution today and witness the future of finance unfold!
ETHUSDT - 1D - Head and ShouldersETHUSDT - 1D - Head and Shoulders
TRADEX BOT NEWS:
May your trading strategies be fruitful!
Over the holidays we have made significant changes to the way the bot operates that allows for scalability so it can be used by everyone.
We will soon have the first version of TradeX BoT, which will function as a second layer Order Book on CEX markets, hiding our greed (TP) and fears (SL) from exchanges.
More news to come soon!
Thank you!
_______________________________________________________
ETHUSDT - 1D - Head and Shoulders
On the 1D TF, ETH is perfectly drawing the Head and Shoulders pattern that could be the catalyst for ETH to shoot its price above the current ATH. It would not be surprising if in this first Q1, ETH reached 7k.
Considering BTC's journey after the launch of the ETFs, ETH has not yet exploded, so it is worth following the evolution of this heat and entering when it gives us opportunities.
The important thing to be successful in trading is to be faithful to our strategy. To be clear about where we are, where we want to go and when it is better to be out in liquidity.
__________________________________________________
Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either down or up, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Ethereum Breakout: Path to $5800Ethereum price is forming an Inverse Head and Shoulder pattern. A breakout from this pattern could trigger a massive rally, not just for Ethereum, but for the entire altcoin market. This potential breakout has a target price of $5800, indicating a significant upside. If successful, it could spark a major altcoin season, driving up prices across the board.
Potential bullish rise?Ethereum (ETH/USD) has reacted off the pivot which has been identified as an overlap resistance and could rise to the 1st resistance which acts as a pullback resistance.
Pivot: 3,834.51
1st Support: 3,255.58
1st Resistance: 3,834.51
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.