GTAI/USDT - Ready for another Rise ? (READ THE CAPTION)By analyzing the GT Protocol chart on the 2-hour timeframe, we observe that the price is currently consolidating around 68 cents. If it manages to maintain support in the range of 59 to 66 cents, we could potentially see further growth in this cryptocurrency! The next probable liquidity pool targets are indicated on the chart.
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Dogecoin
does Dogecoin DOGE price have a chance for x4 growth?Two months ago, we wrote about the possibility of #Dogecoin price falling to as low as $0.1
The #DOGEUSDT price has arrived here on steadily falling trade volumes and is testing a strong mirror zone from above.
Do you believe that this year the CRYPTOCAP:DOGE price will be able to gain a fix above $0.17-0.20 and head towards $0.41?
Doge: When there is blood....,Setting up first trade since my previous count got invalidated and stop loss hit. Risk to reward is pretty good here. If things go as planned, there will be profit taking along the way. Looking for first leg to reach $0.15- $0.16 where I will take out half of original capital and look for a B wave for a reload. Let's see how it goes.
BITCOIN - Watch Top For MAJOR Shorts! BIG Risk:Reward Setup!Following on from our last analysis where we identified that Bitcoin was in a 335 flat correction, we finally have the top in place.
We are now expecting 5 waves down to complete wave C of the major flat correction.
We've already completed wave 1 and now in wave 2. We're expecting price to move back up near the highs where we'll be looking for price to stay below ATH and make a major move down.
The risk to reward of this trade is unparalleled and an entry at the top will allow us to hold with very little drawdown, if any.
Trade Idea:
- Watch for price to move back towards the highs
- Expecting price to stay below ATH = stops above ATH
- Enter shorts when we see reversal signs such as trendline breaks, BOS etc
- Targets: 40k, 30k, 20k, 15kk
Goodluck and as always, trade safe!
Doge: just got complicatedHappy Birthday USA. Market just took a dump and invalidated several of my EW counts. Doge breached the unbreachable area of $0.107. That will make it a lot more complicated to track the price action. At the moment, there is no trade. Elliot wave perspective, several alternative counts are active now. Need to wait and see which way the price will unfold.
1. Bullish count: Primary wave 4 completed and price action since Oct last year is a leading diagonal. The price swings will need to be subdivided into 3 wave structures. It can be fitted. For this to correct, price needs to break over at least $0.32 in the next 3 to 6 months in a 3 wave structure. The trade will be at wave 2 following the completion of leading diagonal wave 1. I is usually a very sharp and deep wave prior to rocket.
2. Bearish count: Primary wave 4 is still in progress. March high was just the X wave and now Y wave is in progress. So far I can see a 3 waves down. So, it can either be a flat or a zigzag. Flat correction might bring price down to retest the $0.05 lows. Zigzag correction might take thing a lot lower. I don't think I will be shorting this at this stage. The trade now will be to wait till a bottom is confirmed and an uptrend is established.
Strong buying momentumDogecoin is currently positioned precisely on an ascending trend line. This trend line has historically acted as a support level, guiding the price upward. If Dogecoin manages to break above this line with strong buying momentum, there is a strong likelihood of a significant upward movement. Such a breakout would indicate a continuation of the bullish trend, potentially attracting more investors and leading to substantial gains.
SHIBAINU - Starting a new Bullish Move ? (READ THE CAPTION)By examining the #ShibaInu chart on the weekly timeframe (logarithmic), we observe that after an attractive growth, this cryptocurrency has again undergone a correction. We should soon expect the end of this correction and the beginning of the next bullish wave. Keep an eye on these prices: 0.00001542, 0.00001385, and 0.00001248. The new wave will likely start its next move after correcting to 1542. (This analysis will be updated)
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Cardano Daily TA : Support Levels and Potential Mid-Term TargetsBy examining the #Cardano chart on the daily timeframe, we observe that the price is trading in the 40 cent range. If the price can maintain the support zone of $0.35 to $0.385, we can expect further growth to higher targets for this attractive cryptocurrency. The medium-term targets for Cardano will be $0.42, $0.45, $0.51, and $0.58, respectively. The expected return in the medium term is between 15% to 40%!
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Bitcoin Weekly TA : Bitcoin Poised for Next Bullish Run (READ)By analyzing the Bitcoin chart on the weekly (logarithmic) timeframe, we observe that, as expected, the price corrected to $58,400 and encountered buying pressure. Currently, Bitcoin is trading around $63,000, having increased by 9%. If the price can stabilize and close above $63,300 this week, we can expect the start of the next bullish trend. Based on previous analyses, the mid-term targets for Bitcoin are $72,000, $77,000, $85,000, and $100,000.
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DOGE Dogecoin Bullish ReversalIf you haven`t bought DOGE before the breakout:
Nor sold the top:
Now upon closely examining the chart pattern of DOGE, it appears that the cryptocurrency is positioned for a bullish reversal within the confines of a falling wedge formation. This technical pattern, often seen as a precursor to a price breakout, suggests that Dogecoin could be on the verge of reversing its downward trend and entering a phase of upward momentum.
GTAI/USDT 4-Hour Chart Analysis : Bull or Bear ? (READ)By checking the GTAI/USDT chart in the 4-hour time frame, we can see that since last week, due to the heavy fall of Bitcoin to $58,000, the entire crypto market began to fall, and GT Protocol was no exception to this. The range of 78 cents is being traded and we will probably see the growth of this crypto again by collecting liquidity below 75 cents! Possible targets will be 0.8150, 0.85 and 0.91 respectively!
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#DOGE/USDT#DOGE
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.1122
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.1188
The first target is 0.1388
The second goal is 0.1511
The third goal is 0.1648
EUR/USD : Big Fall Ahead ? (READ THE CAPTION)By analyzing the EUR/USD chart on the 4-hour timeframe, we see that the price has started to rise exactly as we expected. It fully filled the first FVG and even about 50% of the second FVG. The overall return of this analysis has been over 85 pips. Currently, the Euro is trading around 1.072 and might start a further correction from this level. The 1.07380 to 1.07620 range is an important supply zone and should be closely monitored.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban