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TradeCityPro | XVS & Bitcoin : Key Levels and Insights👋Welcome to TradeCityPro! In this analysis, I want to review XVS for you. This token is the native token of the Venus project, which operates on the BSC network and specializes in the DeFi sector. It boasts the highest TVL on this network. This platform allows users to collateralize their assets and borrow funds proportionate to their collateral. Currently, the platform's TVL stands at $1.8 billion, and XVS ranks 361 on CoinMarketCap. 👑 Before analyzing XVS, it's better to take a look at Bitcoin to better understand the market conditions. The Bitcoin analysis is done on the 4-hour timeframe. ⏳ 4-Hour Timeframe: Correction Phase in Bitcoin On the 4-hour timeframe, after breaking the $72,771 resistance (the previous ATH), we witnessed a very sharp, high-momentum move up to $99,022. Currently, Bitcoin has entered a correction phase. The first significant support in this timeframe is $92,004, which overlaps with the 0.236 Fibonacci level. The price has already reached this level. At the same time, the SMA99 has also aligned with the candles in this area, turning this level into a very strong PRZ. ✨ The RSI oscillator has triggered divergence, exiting the lower Bollinger Band several times, which has eliminated the bullish momentum. However, the most important thing in a bullish market is that when the RSI approaches the 30 level, it often represents a good buying opportunity. Using the Bollinger Band indicator, we can better determine trend reversals and RSI triggers. However, all of these require price confirmation, which can be achieved through Dow Theory rules or short-term resistance breakouts. 📊 On the other hand, the volume of corrective candles is increasing, which is not a good sign for the correction's end and makes the bearish scenario more likely. 🔑 If the $92,004 support breaks, the next key support is $86,841, which aligns with the 0.382 Fibonacci level and is likely to serve as a major support during this correction. For now, I won't discuss other supports; if $86,841 is broken, I'll determine the rest later. ✅ XVS Analysis: Weekly and Daily Timeframes 📅 Weekly Timeframe: Long-Term Box On this timeframe, the price previously formed a long-term box between $3.17 and $9.19. After breaking this range, a new box was formed between $5.29 and $17.43, where the price currently trades in the lower half of the box and is struggling with resistance at $9.19. 🔼 The previous weekly candle was very strong and powerful but couldn't break the $9.19 level. The current candle is also rejecting from this level. For spot buying, breaking this resistance or $17.43 is suitable. The potential targets are $40.22 and $140.26, with $140.26 being the ATH for this coin. 📉 In case of a drop, the first support is at $5.29, and on the RSI, there is a significant support level at 39.32, which can prevent a price decline. If this support is broken, the next level is $3.17, the all-time low for this coin. 📅 Daily Timeframe: Strong Resistance Zone On the daily timeframe, the $9.19 resistance can be drawn as a range between $8.18 and $8.91, which is very important. Currently, the price is rejecting from $8.91 and has dropped to $8.18. 🔍 The main and significant support on this chart is the ascending trendline, which previously experienced a false breakout. If the price stabilizes below $8.18, the next corrective target will be reaching this trendline. 💣 If the trendline breaks, the next support is $5.98, which is a strong resistance since the market previously reversed from this level after a false trendline breakout and reached the $8.91 high. 🧩 If the RSI stabilizes above 66.27, the price can start pumping because it has already hit this level twice and been rejected. If the RSI breaks below 50, bearish momentum will enter the market, and the bearish scenario will strengthen. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
5
Fantom (FTM) and Andre CronjeFTM's social and market activity is on the rise after Andre Cronje released an article highlighting the cash flow of FantomFDN in 2022 Fantom price today is $0.241135 with a 24 hour trading volume of 230 million dollar. FTM price is up 12% in the last 24 hours Andre Cronje, a long serving figure in the DeFi space, says the Fantom blockchain project he advises is cash-flow positive, earning more than $10 million in annual revenue Cronje shared a blog post on Monday that claims the Fantom team maintains more than $300 million in assets without specifying how much is considered liquid. “We are still scaling up,” Cronje said Fantom’s reported treasury, as yet unproven on-chain, is made up of around 450 million FTM ($85.7 million). There’s also $100 million in stablecoins and $100 million in undisclosed cryptocurrencies, as well as $50 million in non crypto assets, per Cronje’s post.Fantom is a layer1 blockchain compatible with Ethereum Virtual Machine. The network competes with the likes of Solana, Avalanche and Polygon for Ethereum’s market dominance. but lets talk about the technical analysis the blue line shows the important resistance (0.29$) for Ftm and if bulls breaking it, the next targets will be 0.31 - 0.4 and if you managed to long at 0.17 its time to take some profit as well
FLong
by moonypto
16
TradeCityPro | Ethereum Full Analysis👋 Welcome to TradeCityPro! In this analysis, I will review the most popular altcoin in the market, Ethereum. As the second-largest cryptocurrency, Ethereum not only enjoys immense popularity but also has widespread applications, particularly in DeFi. If you've been following our updates, you're likely aware of the potential and profits that DeFi offers. 📅 Weekly Timeframe: Trendline Reaction and Continued Uptrend In the weekly timeframe, a long-standing ascending trendline has supported Ethereum's price four times over the past two years. 🎲 Recently, the SMA99 has aligned with this ascending trendline. Along with the critical $2,199 support, it forms a powerful PRZ (Potential Reversal Zone). Additionally, the RSI found strong support at 38.52, preventing further price drops and resulting in several green candles. Given the significant buying volume, this upward movement seems poised to continue. 🔴 The next resistance for Ethereum is at $3,882. If this level is breached, the only remaining obstacle is the ATH at $4,685. 📈 In the event of an ATH breakout, the Fibonacci targets are $10K to FWB:12K , a highly significant range that could become realistic during an altcoin season. However, this doesn't guarantee that the price will hit these levels or stop there. Always wait for trend confirmation. Exit early if the price reverses at lower resistances, and stay invested if the trend remains strong at higher levels. 🔽 Currently, the bullish momentum appears strong, making a decline less likely. However, if the price closes below the trendline and SMA99, and breaks the $2,199 trigger, the bullish scenario will temporarily be invalidated. The next key supports would be at $1,523 and $1,023. 📅 Daily Timeframe: Second Leg of the Uptrend After Box Breakout In this timeframe, near the ascending trendline, a clear accumulation box accompanied by a positive RSI divergence can be observed. After breaking the SMA99 and the box, the price experienced a solid rally and reached the $3,367 resistance. 🔑 Today, the price has managed to stay above this level so far, but confirmation will depend on the daily candle close. 📊 The candlestick volumes look strong, with no signs of weakening. If the RSI enters the Overbought zone, we can expect a price pump. 📉 Upcoming resistances are at $3,712 and $4,086, with the primary resistance being the ATH at $4,828. Although far from the current price, the strong upward momentum could lead Ethereum to this level soon. ✨ If the price fails to confirm above $3,367 and a correction begins, the key supports to watch are $3,054 and $2,743. However, given the current bullish momentum, any correction might be limited to $3,054. A deeper correction would reset market excitement and reduce bullish momentum. 📅 4-Hour Timeframe: Futures Triggers Now, let's discuss futures trading triggers. As covered in higher timeframes, I will focus solely on futures trading setups in this timeframe. 💥 For long positions, a breakout above $3,533 or a pullback to $3,295 could serve as good entry points. The SMA99 is relatively close to the price, adding strength to these levels. If the RSI breaks above the 70 level and buying volume increases, the price may experience significant growth. ❌ Currently, I won't suggest any short positions as they go against the market momentum. I will wait for confirmation of a trend reversal before entering a short trade. 🔒 The bullish momentum will likely persist as long as the RSI remains above the 50 level. 👑 ETH/BTC Analysis 📅 Weekly Timeframe: Strong Bearish Momentum Let’s compare Ethereum to Bitcoin. In the weekly timeframe, after breaking $0.05154, a double-top pattern activated, pushing the price downward. A curved trendline has acted as a significant resistance, keeping the price below it for nearly two years. 🔫 Currently, the nearest support is at $0.02998, which is crucial. If this level is broken, Ethereum will face significant challenges in gaining value relative to Bitcoin. 🪤 If the RSI breaks above 38.55, it will signal the first sign of a trend change. A breakout above the 56.07 resistance would confirm a momentum shift, and with candle confirmation, a trend reversal would likely follow. 📅 Daily Timeframe: Reaction to the Trendline In the daily timeframe, the bearish trend remains evident, similar to the weekly chart. However, a positive RSI divergence is forming. If the RSI breaks above 50, this divergence will activate. 💣 A trendline near the price’s lower boundary recently saw a fakeout. The price is currently above this level. For the divergence to activate, a price trigger is required, which at the moment is a breakout above $0.04099. ✅ Alternatively, a trend reversal based on Dow Theory could also serve as a long trigger, confirming a change in trend. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
25
Why FARM Could Be the Next Big Opportunity in the MarketFARM is an asset worth paying attention to. With approximately 672,183 tokens in circulation and a market cap of around $34 million, the conditions are set for significant movement. Its low supply and potential for expansion make FARM a rare opportunity. Looking at the history of similar assets, the potential for appreciation in a scenario like this cannot be overlooked. This is an exciting moment for those looking to closely follow the growth of its market cap. BINANCE:DOTUSDT BINANCE:BTCUSD COINBASE:ETHUSD
Long
by SophiaAnderson
3
Altcoin Market Signaling Potential Bullish Run to $1 TrillionTotal Alt Coins Market Cap analysis update After a significant upward movement in the market cap, consolidation within a descending channel or flag suggests a period of profit-taking and market indecision, though the overall structure remains bullish. The market is approaching the upper resistance of the flag, signaling the potential for a breakout. Once the breakout is confirmed, a bullish move can be expected. Based on historical price action and technical patterns, the next major target post-breakout could be around $1 trillion before end of 2024.
CRYPTOCAP:TOTAL3Long
by HexaTrades
TradeCityPro | TON : From Correction to Potential New Highs👋 Welcome to TradeCityPro! In this analysis, I will review TON. This coin is associated with Telegram and has seen significant growth after the viral spread of DAPPs on this network, reaching a high of $8.288 and registering a new ATH. 📅 Weekly Timeframe: Volume Entering During Correction In the weekly timeframe, after hitting the $8.024 resistance, the market entered a correction phase. It has now retraced to the 0.382 Fibonacci level. After reaching the $4.743 support, new buying volume entered the market, pushing RSI above the 50 zone. 📊 If the buying volume continues to increase, bullish momentum will return to the market. With a breakout above $8.024, the price could experience substantial growth. The Fibonacci targets after this breakout are $13.966 and $18.719. However, these levels are not guaranteed targets or the final points of the rally. They are used to confirm trend changes. 📅 Daily Timeframe: Trendline Breakout and First Bullish Wave In the daily timeframe, we can see the details of the coin’s correction phase. As shown, a descending trendline formed during the correction. After breaking this trendline and surpassing the $5.499 trigger, the price surged and is now heading toward the $6.922 resistance. 🚀 If you entered after the trendline breakout, I recommend not rushing to sell unless the market shows a trend reversal. However, if you are holding a futures position, you’ve likely already made a good profit. It would be wise to secure some of your gains at this point. 🔽 For now, the next resistance in case of an uptrend is $6.922. If the RSI closes above the 70 zone and more buying volume enters the market, we could see another significant rally, similar to yesterday’s movement. 🛒 For spot entries, the $5.499 trigger has already been broken. Future entry levels include breakouts above $6.922 and $8.165. 📅 4-Hour Timeframe: Futures Triggers Let’s move to the 4-hour timeframe and identify futures triggers. In this timeframe, there is resistance at the $6.422 zone, which recently caused a major rejection. This indicates that the level is very significant and strong. 🔼 If the price tests this zone again, we can consider opening a long position if it breaks. The targets for this move would be $7.008 and $8.165. 📉 If the correction continues, the first support is at $5.619. Additionally, the RSI reaching the 50 level is also a critical point to watch. 👑 TON/BTC Analysis In the 4-hour timeframe, the TON/BTC pair currently has a bearish nature. It has recently crossed above the SMA99 and is now in a pullback phase. The $0.00006512 trigger would be a solid level if it coincides with the $6.422 zone. If this resistance is broken, the primary target will be $0.00007110. ✨ If the decline continues, the only supports are at $0.00005733 and $0.00005488. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
11
TradeCityPro | FTM : Preparing for a Potential Rally👋 Welcome to TradeCity Pro! In this analysis, I will be reviewing the FTM chart. This project is a Layer 1 blockchain, which has recently gained significant attention and buying volume due to its new airdrop initiative. 📅 Weekly Timeframe: Preparing for Another Rally In this timeframe, after several months of base formation around $0.1793, the price has now broken through $0.5535, with the next resistance at $1.0785. If the price successfully stabilizes above this resistance, the probability of reaching the ATH at $3.292 increases significantly. 📈 If the RSI oscillator breaks through 62.1, bullish momentum will enter the market, increasing the chances of breaking the resistance and pushing toward the ATH. However, the most crucial factor right now is volume. So far, the main buying volumes haven’t entered the market. Until this happens, the likelihood of breaking the resistance remains low. 📅 Daily Timeframe: Close to Breaking Resistance On the daily timeframe, after breaking $0.5384, the price has pulled back toward this level and the SMA 99. It has now reached $0.8401, with a significant support level at $0.613. 🔼 The first long trigger in this timeframe is $0.8401, with a target of $1.1448 if this level is broken. However, as mentioned in the weekly analysis, volume remains low, and until larger volumes enter the market, the moves in the market cannot be deemed reliable. 🔍 If the price is rejected at $0.8401, it may pull back again toward the SMA 99 or even revisit $0.5384. 🔽 Currently, there isn’t a suitable short trigger in this timeframe. Personally, I will wait for lower highs and lower lows before considering short positions. 👑 FTM/BTC Analysis On the daily timeframe for the FTM/BTC pair, there’s a long-term range between 0.00000676 and 0.00001129, with price once moving to the high at 0.00001794 and another time to the low at 0.00000541. Currently, the price is battling resistance at 0.00000817, which is within this range. 🚀 Breaking this resistance, coinciding with $0.8401 on the USD pair, would be a solid confirmation for entering spot buys or futures positions. The next resistances are at 0.00000991 and 0.00001129. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
FLong
by tradecitypro
3
TradeCityPro | analyzing SUI as Bitcoin Dominance Declines👋 Welcome to the TradeCityPro Channel! Today, I’m analyzing the popular SUI coin for you. SUI, a prominent Layer-1 blockchain in the market, has gained significant attention from investors in recent months. With an influx of capital into its network, the SUI coin’s price has experienced notable growth. 👑 Currently, Bitcoin continues its upward trend, marking a new all-time high (ATH) at $98,380. However, Bitcoin dominance has started to decline after a fake breakout of 61.32, leading to corrections. As a result, while Bitcoin consolidates, altcoins have begun to move. ⚡️ For instance, Ethereum has climbed 9%. If Bitcoin dominance continues its downward trend, we may expect a short-term altcoin season. Should the decline persist, Bitcoin dominance could retest its ascending trendline. 🔽 Key downward targets are 59.56 and 58.64. If dominance reaches these levels while Bitcoin prices rise, we could witness significant rallies in altcoins. 📅 Weekly Timeframe: Pullback to $1.786 and Movement Toward New Targets In the weekly timeframe, you can observe that buying volume entered SUI around July, when it hit a low at $0.5694. This buying pressure has driven the price upward, helping SUI achieve a new ATH. 🚀 Currently, after breaking the previous ATH at $1.786 and pulling back to this level (which aligns with the monthly R1 pivot), the price surged to R3, setting a new high at $3.70. If this bullish momentum persists, the next pivot-based target will be $4.75. ✅ Moreover, SUI features a parabolic trendline that has reacted twice so far. While this diminishes its reliability, a third interaction would validate its importance. 🌱 The RSI oscillator, after two consecutive candles closed in the overbought zone, has started correcting and is now testing the 70 level. As long as the RSI remains above 70, further upward movement is expected. 📅 Daily Timeframe: Beginning of a Correction? In the daily timeframe, SUI has had two bullish legs so far: the first from $1.00 to $2.1368, and the second from $2.1368 to $3.8111. At the peak of each leg, RSI reached 84, followed by corrections. The first correction was time-based, and the second is likely to follow a similar pattern. 📊 Currently, with RSI dropping below 70, a correction may have begun. However, if RSI re-enters the overbought zone, another bullish leg could occur. Using the yearly pivot and Fibonacci levels, targets for the next leg are $4.74, $6.40, and $9.17. 📈 If you purchased SUI after breaking resistances at $1.00 or $2.1368, I recommend securing your initial investment if your profit exceeds 100%, while holding onto the gains. Otherwise, wait for a trend reversal before taking further action. 🧩 As the market enters a corrective phase, buying volume is naturally declining, which actually supports the continuation of the bullish trend. If the price corrects further and RSI drops, the 50 level on the RSI will be crucial. 📅 4-Hour Timeframe: Futures Triggers In the 4-hour timeframe, I’ll outline the key futures triggers based on my analysis. 🔍 After reaching the $3.8814 zone, as noted in the daily analysis, the price entered a correction phase, dropping to $3.4295. If you’re holding a long position from the breakout at $2.3649, I suggest taking profits if the price stabilizes below $3.4295. The next support zone lies between $2.80 and $3.00, which aligns with the Fibonacci golden zone and is likely to halt further declines. 🔴 If the correction continues, the next critical level is the trendline visible in the daily timeframe. 📈 Should buying volume return and RSI holds above 40.91, the breakout of $3.8814 becomes a reliable trigger for futures trading, with the first target at $4.7422. 💎 SUI/BTC Pair Analysis The SUI/BTC chart mirrors the USDT pair, showing an upward trend but struggling with significant resistance. Today’s green daily candle highlights Bitcoin dominance’s impact on altcoins. Currently, the pair is testing resistance at 0.00003820, with another resistance zone at 0.00004202 nearby. If both levels are broken, the price could climb to 0.00005130. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
22
FARM: A DEFI Platform with Explosive Potential"FARM is a solid and innovative DEFI platform, comparable to big names like AAVE, Compound, and Yearn Finance, offering efficient staking and yield generation. Recently, it has gained attention for its unique structure and fundamentals that suggest extraordinary growth potential. With exactly 672,183 tokens in circulation and a market cap of just $30 million, FARM is positioned for significant movement. Comparable platforms have already surpassed $100 million, and all signs indicate FARM could reach that milestone soon. If FARM hits $100 million in market cap, it would represent an approximate 300% increase from its current valuation. This extreme scarcity of tokens, combined with its functionality as a DEFI platform, places FARM in a uniquely advantageous position in the crypto market. Opportunities like this are rare. For those keeping an eye on the market, FARM showcases the characteristics of a project poised for rapid and significant growth. Stay alert—this could be one of the most exciting moves we see in the near future. 🚀 COINBASE:BTCUSD BINANCE:BTCUSD COINBASE:ETHUSD
Long
by SophiaAnderson
1
Alikze »» BEL | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D - BINANCE:BELUSDT It is moving in an ascending channel in the daily time frame. - After hitting the ceiling of the channel, a correction has been encountered, which is met with demand in the OB area and an upward wave has formed. - Currently, it can face the demand again and touch the specified targets by returning to the bottom of the channel and the green box area. 💹 Support zone: 0.48 - 0.39 🏹 Goals: 0.78 - 0.87 - 1.07 - 068 ⚠️ In addition, if the 0.39 area breaks and is below the stabilization range, it can continue the correction process.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
ALTcoins Are Trying To Follow Bitcoin; DeFi Bulls Are HereWe talked about DeFi Index back on August 21, when we actually spotted a completed complex W-X-Y corrective setback that gave us a bullish setup formation of a larger degree. Since August it's been mostly accumulating and with a broken channel resistance line connected from the highs, it's probably forming a bullish setup formation with a sharp wave (1), which was followed by an A-B-C flat correction in wave (2) that nicely retested upper channel line as a support. So, with current sharp and impulsive rally, watch out for a strong bullish continuation within wave (3) of a five-wave bullish cycle that can send the price back to March highs, especially if breaks base channel resistance line and 1000 bullish confirmation level.
Long
by ew-forecast
1
Is the LINKBTC chart projecting more #DEFI & #ALTCOIN pain?Since topping out nearly 4 years ago the #LINK versus #BTC ratio has been down and to the right, with relief rallies being sold into. Clear trend of lower high's and lower low's. The trend has not been friendly to the Link Marines! Are we repeating the tale of #XRP and their faithful army? Both get dumped on by the their respective foundation or founding company. Both claim Banks will use their products / software ... Link does have #CCIP usage but it is not the only #interoperability solution. We already have #RWA on the blockchain.. they are called #stablecoins. Either this ratio is in danger of breaking down. Which maybe signalling a broader #Altcoin market demand destroying period.... Could #geopolitical tensions explode this summer to cause a massive #RISKOFF event and the #Dollar to spike?
by BallaJi
4
Is Trump’s Presidency a Bigger Win for DeFi than Bitcoin? Were decentralized finance (DeFi) assets like Ethereum underestimated leading up to the election? Ethereum is now outpacing Bitcoin following Donald Trump’s 2024 U.S. presidential win, with Ether (ETH) gaining 4% in the past 24 hours (and 14.1% in the past 5 days). Bitcoin on the other hand is down 0.4% in the past 24 hours) Analysts suggest that the Republican administration’s expected support for DeFi will play a pivotal role in Ethereum’s growth. Trump has signaled interest in policies that could nurture blockchain technology, encouraging legislative reform to promote DeFi innovation in the U.S. Bitcoin may hold its status as a store of wealth (and even a potential alternative reserve for the US treasury), but Ethereum’s recent performance suggests it’s increasingly well-positioned to benefit from the changing policy environment.
BLACKBULL:ETHUSD
by BlackBull_Markets
1
AAVE getting the Trump pumpThe past 2 years Anyone who's been following me for a while knows I have been and continue to be quite bullish on AAVE. My first large buy this cycle having been around $55 in 2022, with additional buys on the way up at $70 and $100. COINBASE:AAVEUSD has been carving out higher highs and higher lows for the good part of 2 years now. Then in July we got a nice bullish engulfing hammer setup off the $90 support level. That set the tone for continued bullishness and set up the next leg that has brought us to where we are at today, currently at $170. Funnymentals I am not a fundamentals guy but I think there's some points here that shouldn't be ignored if you're planning on holding this for longer than a short term trade. Aave has proven itself as the best, the largest, and the most trusted DeFi borrowing/lending platform around. As we've often seen with other tech leaders (e.g. Amazon, Google, etc), Aave which was already the largest platform by TVL and market share has only gotten larger and taken even more market share. This isn't by accident. Aave has an absolute superstar team that continues to deliver year after year, rain or shine, bull or bear. I don't see this changing anytime soon. The Trump partnership I'm using the term "partnership" very loosely since Aave is a money lego that anyone can build on, but it's important to note that this is the protocol the Trump team decided to build their front-end on. In addition to that, their respective communities are working together on token allocations, which is as close to a partnership as you'll find in the DeFi space. The Trump pump With pro-crypto candidates winning across U.S. on election night and Trump, the most pro crypto presidential candidate we've ever had, winning the presidency, this has set up a major tailwind for the crypto space and put a spotlight on Aave. It remains to be seen just how big of an impact this has in the long term, but I know I'm not going to fade it. TA Back to the chart technicals, as I said at the start of the post, AAVE has a nice long term bullish chart structure. The way I've been trading this is by having a core position based on the long term setup, and then trading around that core position anytime shorter term setups to present themselves. I've kept this trade simple by going from key level to key level and knowing where my invalidation levels are. The most recent being the $120 major support area. My 1st big price target which I've had marked for the last few years now, sits around around $450. That can change as we get new price action setups, but these are the parameters I'm trading with right now. In the meantime I'll continue watching the short and medium term for new setups to trade around my core position.
BINANCE:AAVEUSDLong
by krugman87
1
DreamAnalysis | REN Futures Key Triggers and Levels✨ Welcome to today’s analysis! Today, I’ll be reviewing REN and identifying crucial futures trading triggers for this coin. We’ll start with the daily timeframe and then move to the 4-hour timeframe for more detailed insights. 📅 Daily Timeframe Analysis In the daily timeframe, REN has been in a prolonged downtrend since hitting resistance at $0.11457, a decline that has continued for almost 200 days. Currently, the price is at the $0.03268 support, which is the most critical level for this coin. Although this support is robust, repeated encounters with this level have gradually weakened it, having already been tested four times in this cycle. 🔽 If this support fails, the price may move to the next support level at $0.02839. This is the last major support, and a loss here would likely lead to sharp, deep drops on the chart. 🔼 If the price rebounds from support, the first long trigger will be a break above the trendline and $0.03924, followed by a second trigger at $0.04436. Both are risky triggers, so I rely on volume and RSI confirmation before entering positions. (While volume and RSI are essential in all trades, they are even more critical in higher-risk positions.) 📊 Currently, volume is stagnating, showing no clear momentum. If $0.03268 breaks, high selling volume will confirm the breakout; otherwise, it could likely be a false break. For a long position, a strong increase in buying volume is necessary to change the trend. 📈 The primary long trigger is a break above $0.05437, a significant support level for this coin, which can also serve as a spot buy trigger. An RSI break above 58.61 would indicate a bullish momentum. Spot targets include resistance levels at $0.08088 and $0.11457. ⏳ 4-Hour Timeframe Analysis In this timeframe, we can refine the $0.03268 support to $0.03385, where a breakdown has already occurred, followed by a potential pullback. If the pullback confirms and the price sets a lower high, the support breakdown will be valid, setting $0.02839 as the next target. 📉 One noteworthy detail in this downtrend is that volume is decreasing; however, as today is Saturday, reduced volume is typical across markets, so it’s not necessarily a sign of weakness. Additionally, RSI is near the 30 mark, and a break below could introduce bearish momentum, pushing the price toward the next target if the pullback confirms. 📈 However, if this breakdown proves false and the price reenters the $0.03385 to $0.03963 box, it indicates that buyers have stepped in, pushing the price back up despite the support break. In that case, we can anticipate a bullish move, and a break above the $0.03963 resistance could be a long trigger. A riskier long trigger would be a break above the 50 line in RSI, along with a higher high in Dow Theory. All of these triggers will only be valid if the price reverses the downtrend and reenters the box. ❌Disclaimer This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
R
by DreamAnalysis
The US ELECTION gives Wall St confidence and Bitcoin pumps.Satoshi 4 year cycle neatly intertwines the the USA #election cycle and the debt/interest rate cycle / The business cycle. To gives us predictable patterns of outperformance. The months of November into Spring post halving is essentially the Banana zone. Let's make the most of it ... you should be allocated into you main core coins and buying into strong #altcoins that are capturing the zeitgeist. I believe #Solana is likely to outperform on their respective ratio #Pulsechain may surprise people once #ETH closes in on the $4,000 mark And #TitanX ecosystem to continue to flourish in a #DEFI resurgence. (TitanX is the best example of DEFI i have seen so far.) VC coins may likely continue their relative underperformance as the collective crowd shuns the poor deals offered to us.
INDEX:BTCUSDLong
by BallaJi
8
Moonwell Enters Price Discovery! 600% within 1 week?Don't be fooled by this recent pullback. The KUCOIN:WELLUSDT / COINBASE:WELLUSD (Base's Moonnwell lending protocol) is set-up for an incredibly bullish run! • Price is at the upper bollinger bands . When a strong uptrend starts, the price tends to "ride the upper bollinger band" for weeks, if not months. • Golden cross on the daily chart + On Balance Volume confirms healthy uptrend. • Moonwell is a Circle (stable coin issuer) partner and core #DeFi infrastructure of the Base Layer 2, along with #Aerodrome. • When Aerodrome entered price discovery mode earlier this year, it did a 31x (yes, over 3100% surge). SPARKS:AERO 's first major leg started on a Monday – and price did a 7x within just five days! (Before moving much, much higher). If you are not in Moonwell, now is your chance to enter before price discovery mode.
Long
by couldntcomeupwithone
1
Hatom (HTM) - Promising small-cap crypto for yield in DeFiHatom (HTM) shows notable strength in the daily chart after breaking out from the 30-day exponential moving average (1D 30EMA) on August 19. What acted as a strong resistance from March to August (testing twice in the meantime) can now become strong price support moving forward - currently at ~$0.89 (the 30EMA). The daily RSI also displays a strong uptrending momentum, at 62.77 by post time. Fundamentally speaking, Hatom Protocol is one of the most solid and promising DeFi protocols I have found and experienced using in crypto. Hatom Labs, the core developer, is setting solid new standards by the way they do business (multiple tests, plenty of security audits, no rush to launch or make announcements, not trying to induce FOMO with marketing gimmicks, etc.) They have recently made the 9th protocol update after one year of launch and this is another aspect I like about the project: Hatom Lab's communication strategy - clear of noise. They reserve their comms for relevant announcements only, as security is their north star. The recent announcement (which can be found on X @HatomProtocol) revealed some really exciting features ahead for yield farming/generation through liquidity, lending, and booster operations. They are also launching a decentralized overcollateralized stablecoin called USH to compete with Sky's (formerly MakerDAO) DAI. Which, in my opinion, is very much needed and appreciated. We need more of these solid decentralized stablecoins around. I'm invested in HTM for the mid- to long-term, but I also think that, right now, the token offers a good long opportunity, so I'm also longing it for the short-term, eyeing the ATH at a first target. It's important to note that Hatom is a small-cap crypto, so beware of all the risks that come with this kind of asset. It runs on the MultiversX (EGLD) chain, but are also planning to expand to other chains. Can buy via the xExchange DEX and long on AshPerp.
Long
by vinibarbosa
DreamAnalysis | ARKM Analysis: Key Levels and Trading Triggers✨ Welcome to today’s analysis! I’m going to analyze ARKM (Arkham), one of the most well-known projects in the crypto space, and identify key triggers for spot trading. ARKM is a DeFi project that gathers wallet data and offers it on its platform, making it one of the most useful tools in the DeFi ecosystem. Let’s dive into the technical analysis of this coin on the daily timeframe. 📅 Daily Timeframe Analysis On the daily chart, ARKM hit its all-time high (ATH) at $3.914 before entering a distribution phase. After breaking below the SMA99, the support at $1.317 was lost, leading to a decline to $0.914. For a while, the price ranged between $0.914 and $1.317, and the candle volumes gradually decreased until buying volume picked up in the market. This resulted in strong green candles that broke through $1.317 and the SMA99, followed by a pullback, pushing the price towards the resistance zone at $1.818. Currently, the price is consolidating below this resistance level. 📊 The previous candle showed a strong bearish movement with significant volume, suggesting the potential for downward momentum to enter the market. Coupled with a bearish divergence in RSI, a break below the 50 level on RSI would confirm the divergence, and we could expect a correction down to the $1.317 support zone. If this support breaks, the next key level would be $1.082, which is significantly lower than the current price. If the price reaches this level, bullish momentum will likely vanish, and the market could form a new trend. 🔽 On the upside, the price has touched a curved trendline three times, reinforcing the importance of this trend. If a correction occurs, the trendline may act as support for the fourth time, potentially halting the price drop. However, if the $1.317 and $1.082 supports break, the last major defense will be at $0.914. Below this, there are no significant support levels until $0.738. 📈 Bullish Scenario and Key Resistance Levels If the price breaks above the $1.818 resistance and starts a new bullish wave, there are several important targets to consider for profit-taking. The first target would be $2.229, though this is not a strong resistance zone as the price has interacted with it less frequently than with the main resistances. If bullish momentum is strong, the price could quickly move toward the next target at $2.769. This resistance is even stronger than ARKM’s previous ATH, making it the most crucial level to watch. Should the price break through $2.769, it could easily reach its ATH of $3.914 or even set a new high. 📉 Stop-loss and Entry Triggers If you are already holding ARKM, I recommend placing your stop-loss around the $1.317 or $0.914 zones to protect your position. For those looking to enter the market, here are several key triggers: 🔼 Break above $1.818: If this level is broken, the price could move up toward $2.769. Buy on pullback to $1.317: If a correction occurs, watch for a bullish reaction at this zone. Break above $2.769: This would be the final trigger for significant upside movement, with more triggers possibly emerging from future candles. By monitoring these levels and triggers, you can capitalize on ARKM’s next moves in the spot market. ❌Disclaimer This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
Long
by DreamAnalysis