Wyckoff Cycle - Practical Example (SUI)Dear TradingView community and fellow traders,
I am Richard, also known as theSignalyst.
I find the SUI daily chart to be intriguing as it appears to be following the famous Wyckoff Cycle.
I would like to apply Richard Wyckoff's four market stages/phases to this chart for analysis as a practical example.
1️⃣ Accumulation
SUI rejected the $0.50 round number and entered an accumulation phase, consolidating for several months.
2️⃣ MarkUp
After breaking above the accumulation range at $1, SUI kicked off the markup phase.
3️⃣ Distribution
SUI found resistance at the $5.50 round number, with the lower bound of its range near $4—forming a wide distribution phase.
4️⃣ MarkDown
Once SUI broke below the $4 major low and exited the distribution zone, it transitioned into the markdown phase.
🔄🔄🔄🔄🔄⬇️
1️⃣ Accumulation
After finding support around the $2 round number, SUI hovered within a range, forming another accumulation phase.
2️⃣ MarkUp
We're here 🙂 This week, SUI broke above the $2.80 major high and the accumulation range—signaling the beginning of a new markup phase.
❓ What's next?
Will SUI continue to trade higher from here, or will this cycle play out differently?
I hope you find this post useful, and I would appreciate your likes and support.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard
Gem
LTO - Its Logo Says It All...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 After breaking above the $0.03 structure marked in blue, GETTEX:LTO has shifted its momentum from bearish to bullish.
It is currently in a correction phase, but as long as the $0.03 support holds, we’ll be eyeing trend-following long setups to catch the next impulsive wave upward.📈
🎯 Short-term target: $0.05
🎯 Mid-term target: $0.10
🎯 Long-term target: $0.50
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LTO - Two Potential Longs!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 LTO has been rejecting a massive weekly support and the key $0.02 round number.
🛡️ As long as this level holds, I'm eyeing a potential 5x move towards the upper bound of the falling channel and the $0.10 round number.
🚀 From a macro perspective, a break above $0.10 could trigger a continuation towards $0.30 — unlocking major upside potential!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Chainlink $LINK Growth Factors in 2025
Chainlink is expected to experience significant growth due to several key factors influencing its adoption and market value by 2025:
1. Decentralized Oracle Network: Chainlink's role as an oracle network allows it to connect smart contracts to real-world data, enhancing the functionality and reliability of decentralized applications, particularly in decentralized finance (DeFi).
2. Strategic Partnerships:
Collaborations with firms like Ripple and Swift are establishing Chainlink as a critical player in traditional finance, emphasizing its importance for providing secure, real-time data for various financial applications.
3.Broader DeFi Implications:
The rising adoption of stablecoins, such as RLUSD, and the liquidity they provide are solid foundations for DeFi growth, which Chainlink supports through its reliable oracle services.
4. Technological Innovations:
Chainlink is advancing the Cross-Chain Interoperability Protocol (CCIP), aiding in seamless asset transfers across blockchains, making it more attractive for developers and enterprises alike.
5.Integration of Real-World Assets:
As asset tokenization grows, Chainlink's oracles will be pivotal in verifying data, reinforcing its utility in DeFi ecosystems and extending its reach into capital markets.
6. Overall Market Sentiment:
Predictions for LINK’s price in 2025 $60+, primarily driven by adoption rates and market dynamics, but optimistic scenarios could see much higher valuations.
Conclusion
In summary, Chainlink is strategically positioned for growth in 2025 through its innovations, partnerships, and persistent integration into both the DeFi space and traditional finance.
I see a standard pattern here of accumulation, pre-pump, pump, real pump.
There aren't many fundamentally strong infrastructure projects right now, but link is one of the strongest. That's why many people are adding it to their portfolios
Best regards EXCAVO
Virtuals Protocol makes you Real MoneyVirtuals Protocol is a decentralized platform designed to incentivize the creation and monetization of AIdriven personas for various virtual interactions, including gaming, metaverses, and online engagements. By aligning incentives, the protocol empowers users to develop and leverage AI personas to enhance digital experiences and unlock new revenue streams
37,000% Gains ? Even My Calculator Gave Up!
Trading Volume: In the last 24 hours, VIRTUAL recorded a trading volume of $524 million dollar, reflecting a 66% increase compared to the previous day. This significant rise signals heightened investor interest and increased market activity.
Supply: VIRTUAL has a circulating and maximum supply of 1 billion tokens, ensuring transparency and predictable tokenomics.
Price Movement: The all time low price of VIRTUAL was $0.0075, recorded on January 23, 2024 Since then, the token has surged by an impressive 37,000% , highlighting its substantial growth and potential
VIRTUAL is actively traded on 37 markets across 24 exchanges, with Gate. io being the most prominent trading platform. Notably, Binance listed the VIRTUAL/USDT pair with 75x leverage on December 10th, 2023, providing investors with enhanced opportunities for portfolio diversification. The token is also being closely monitored for a potential listing on Coinbase, which could further increase its accessibility and market visibility.
Where ‘Gem Hunting’ Turns Dreams Into Decentralized Dollars"
While new investors might initially find these numbers hard to believe, the concept of "gem hunting" is a proven strategy in cryptocurrency. Gem hunting involves identifying undervalued projects with significant upside potential before they become widely recognized. As demonstrated by Virtuals Protocol's meteoric rise, a single "gem" can offer transformative financial opportunities, changing an investor's life and career trajectory
This highlights the importance of education, research, and strategic investment when navigating the cryptocurrency space
Peanut the Squirrel | Forget Dogs, It's Squirrel Season!Wen Squirrels Take Over Binance: The Rise of 'Peanut' in the Crypto Jungle
Binance’s listing approach continues to surprise, recently bypassing several billion dollar meme coins in favor of two niche, lowcap tokens.the latest additions, “Peanut the Squirrel” and “Act I: The AI Prophecy”, have seen substantial growth post listing.
Could this indicate that Binance plans to list more meme coins as the current bull market continues?
Binance Listing Fees Drama
Listing on Binance is typically costly, yet the major crypto exchange has waived fees for PNUT and ACT, simplifying the process for new projects. Co founder Yi He disclosed on X that the listings were free for both tokens, shortly after a debate on the platform where he was accused of charging excessively for listings. The free listings came as a surprise to the market!
Before their listings, PNUT’s market cap was $123 million, while ACT’s was only $20 million. In choosing these tokens, Binance passed over larger-cap alternatives. In September, it similarly opted for the lower-cap "First Neiro On Ethereum" over the more established "Neiro Ethereum," citing a preference for community-driven, organic projects.
Since their listings, both PNUT and ACT have experienced rapid price increases. Peanut the Squirrel’s price is currently $0.83, an 90% gain over the past 24 hours. Its all time high of $0.90 was reached on November 13, 2024, putting it just 5% below that peak. With a circulating and max supply of 999.86 million tokens, PNUT’s trading volume over the past 24 hours is $1.27 billion, making Binance its most active exchange. It holds 0.03% of the total crypto market, with a market cap of $804.81 million.
APA Corp.- did we just acquire and find a hidden gem?Hi, dear followers up next we would follow up a company which is being overlooked and it can turn into a very lovely hidden gem.
Currently APA Corporation, has received a few lower targets by big Investment Analysts , but at the same time the company seems to deliver, since 2019 they have had a stable up trend, and throughout their Earnings Reports they have showed a good steady growth, the main focus here would be the good EPS results but more specifically the magnificent P/E Ratio that the company is showing at the level of 3.22. Currently we are formulating and trying to fit in a good ascending channel which should take us to the strong Resistance Level at - 51.24
Entry 24.26
Target 1 : 31.36
Target 2 : 39.62
Target 3 : 49.10
Follow up with this hidden gem and keep it in your portfolio for the next 3-9 months, and this fine gem might just turn out to be a diamond!
P.S. Follow up in my channel where we dive deeper in it's analysis
Measurable Data (MDT)MDT is a decentralized data exchange economy built on the Ethereum Blockchain.
mdt token is a standard ERC 20 token and facilitates the economy of the MDT ecosystem, It denominates the value of big data and serves as mechanism for utility in the ecosystem.
recently Chain announced the acquisition of the MeasurableData platform in a deal worth over $100 million
in a month MDT price moved from 0.025 to 0.036 and today we had 80 million volume
short tg 0.039 , 0.043 , 0.051
Decentraland / MANA Decentraland price today is $0.58 with a 24hour trading volume of half a billion dollar. MANA price is up 96% in the last two weeks
Decentraland is a decentralized, traversable, three-dimensional, virtual reality platform being built on the Ethereum blockchain. The platform focuses on the ownership of parcels of digital land where users can create unique environments in a virtual world. Content creators will be able to prove ownership of, and capture value from, their contributions to the platform. Users will be able to traverse unique areas of content, which can be clustered into districts, giving content creators targeted traffic and allow for spatial discovery of new content by users. Currently, users gather, interact, share content, and play games primarily on large proprietary platforms like Facebook. The team believes that a decentralized model will allow participants to realize several benefits over current centralized services. Users and contributors will be able to benefit from transactions that occur on the platform, instead of allowing some or all of the revenue to flow to a single party. Furthermore, a decentralized platform will reduce the risk of censorship and vulnerabilities due to infrastructure failures or security breaches. Decentraland uses two tokens, LAND and MANA, which allow users to interact with the platform. Individual ownership of land parcels are represented by non-fungible LAND tokens containing the coordinates of a single point on the grid and a reference to the details of each parcel. Ownership details are managed through a ledger on a smart contract. To acquire LAND users must burn ERC20 based MANA tokens. MANA tokens are also used for the purchase of in-game goods and services.
Mana first big resistance is 0.9$ and 0.4-0.5 is a good dip zone. monthly MACD and RSI giving positive and buy signal too
OPUL OPULUSDTWhy I’m Bullish on Opulous (OPUL)
Opulous (OPUL) presents a compelling bullish case due to its innovative approach in tokenizing real-world assets (RWA) within the music industry. Here are the key reasons for my bullish sentiment:
1. Unique Use Case in Music and NFTs
Opulous enables artists to tokenize their music rights, offering a direct way for fans and investors to support musicians while earning from music royalties. This integration of NFTs with music copyrights offers a fresh and practical utility in the blockchain space.
2. Strong RWA Narrative
The tokenization of real-world assets is a growing trend in crypto. OPUL’s focus on music royalties positions it as a standout project in the RWA sector, currently ranked among the top RWA projects by market cap. As interest in RWA grows, Opulous is likely to attract more attention.
3. Fundamental Growth Metrics
• Market Metrics: OPUL has a relatively low market cap (~$31 million) compared to its potential, suggesting room for growth.
• Circulating Supply: About 72% of tokens are in circulation, ensuring liquidity while maintaining long-term vesting incentives for the team and investors.
4. Strong Community and Industry Support
Opulous has established partnerships with influential names in the music industry and continues to attract attention for its artist-first approach. Its active user base and community engagement signal strong organic support.
5. Upcoming Developments
The roadmap for 2024 includes plans for expanding tokenized music offerings and integrating with more platforms, which could boost adoption and demand for OPUL.
6. Previous Market Performance
OPUL experienced significant highs during its initial launch, peaking at $6.73. Despite the bear market correction, it has shown resilience and is positioned to recover with market improvements.
These factors combined make me optimistic about OPUL’s potential for upward momentum in the medium to long term. I believe it is well-positioned to capitalize on the growing intersection of blockchain technology and the music industry.
Aptos (APT) Among all those red candles and McDonald's chart patterns still altcoins and new projects in crypto rise and pumping each and every single day
Aptos price today is $9 with a 24-hour trading volume of half a billion. APT price is up 23.0% in the last 24 hours. It has a circulating supply of 130 Million APT coins and a total supply of 1 billion
but let see what is this project at all, Aptos is a new, independent high performance PoS Layer one project focused on delivering the safest and most scalable Layer 1 blockchain in the world. The Aptos blockchain leverages the Move programming language and the Move VM for application development, which are created and optimized for blockchain use cases.The team is comprised of the original creators, researchers, designers, and builders of Diem, the blockchain that was first built to serve this purpose. Aptos raised $200 million from a16z, Multicoin, Binance and others. Aptos launched Devnet in mid March, incentivized testnet in late May and targets Q3 for mainnet launch. you can check their whitepaper for more details too.
one thing you should remember in bear market is, always take a profit
tg 9.1 , 9.5 , 9.9
GLQ: $0.00 28 | Blockchain made Easy MAYBEcan explode and go viral like OpenAis Chat GPT
only if it's packaged well
and rolled out like a no brainer for ordinary joe
reminds me of how to create a website using Dreamweaver
oh yes Maybe the team can emulate how ADOBE Acrobat
made their products a must have across generations
Tellor Tributes | TRB The price of Tellor Tributes is $25 today with a 24hour trading volume of 100 million dollar. This represents a 42% price increase in the last 24 hours and a 75% price increase in the past 7 days. With a circulating supply of 2.5 Million TRB, Tellor Tributes is valued at a market cap of 65 million dollar.
Tellor is a decentralized oracle protocol.
Oracles are a key part of blockchain infrastructure that update valuable off-chain data, making it available for on-chain smart contracts.Tellor’s oracle supplies data that can be requested, validated and put on-chain permissionlessly with data reporters competing for incentives of TRB. Data reporters bring valuable information on-chain for a wide range of DeFi applications.
TRB bulls successfully broke 19$ and we hit 29$ as well,the volume is good and most indicators are bullish
UPDATE on my IO post: This asset is infested with WHALE!Fundamental Developments
Limited Development Activity: While no major product launches or upgrades have been announced in recent months, IO.net has maintained its focus on decentralized AI.
Recognition by CB Ventures: IO.net was featured in CB Ventures' Crypto x AI Stack, highlighting its role in decentralized AI and machine learning compute solutions. This recognition could enhance IO.net’s credibility in the crypto and AI communities.
Kaspa | KAS (100X in Bear Market!)If Kas can jump 10000% in bear market, what will happen in bull market then ?
Well first of all Respect the pump and the beautiful chart pattern because while all world class banks dump like Ponzi scheme there are many solid projects in crypto that shines and shows crypto is the future of the finance and technology.
Kas still didn't list on big exchanges which means there are more liquidity and attention on the way but right now you should know the best case scenario for a token with 320 million dollars market cap is a billion which means almost 300% from here so don't do YOLO and jump in with hype
if you are in good gain then take some profit and have some fun and if you wonder whats the next Kaspa and crypto gem then you can count on our experts
Akash Network | AKT AKT is pushing new boundaries in the digital currency ecosystem with its massively parabolic growth run at a time when most altcoins are still fighting their individual bears
The price of Akash Network is $1.55 today with a 24hour trading volume of $4,545,800. This represents a 12% price increase in the last 24 hours and a 160% price increase in the past two weeks. With a circulating supply of 220 Million AKT, Akash Network is valued at a market cap of $337,030,488
Akash Network is a relatively new protocol with the aim of outcompeting big tech in cloud-related offerings. The protocol has made a significant foothold since its inception, and it has been growing its ecosystem ever since
The current growth appears to be triggered by some of the key fundamentals the protocol is exhibiting, including the publishing of its entire Cloudmos code base for the public to see. Investors appear intrigued that Akash Network has what it takes to solidify its foothold as a major contender in the decentralized cloud computing world.
next targets are 1.7 and 1.9$ for scalpers, we invest at 0.69$ break out and here we are
if you set a right target and stop loss, it could be very rewarding in crypto
also if you new to trading then you can count on our experts
TAO Bittensor, my revenge chart after my defeat.Project description:
Bittensor ( GETTEX:TAO ) is a decentralized machine learning protocol that incentivizes users to contribute computing power and train AI models on the blockchain. By leveraging a decentralized infrastructure, Bittensor aims to create an open, permissionless network for AI development.
Type of project:
Decentralized AI and machine learning protocol.
Is it under a block?:
Yes, Bittensor operates on its own blockchain, utilizing a decentralized network to facilitate AI model training and computation. GETTEX:TAO is used as the native token to reward participants who contribute to the network.
Latest update or news:
As of July 2024, Bittensor introduced Neuron Staking, allowing participants to stake their GETTEX:TAO tokens on AI models they believe will perform well, further aligning incentives within the network and driving improvements in model quality.
Narrative:
Decentralized AI, machine learning, blockchain infrastructure, and incentive-based computation.
Why is it a good investment?
Institutional Backers and Angel Investors:
1. Multicoin Capital:
Multicoin Capital has backed Bittensor due to its innovative approach to decentralized AI, seeing it as a key player in the future of decentralized machine learning networks.
Outlier Ventures:
Outlier Ventures, a venture capital firm known for supporting Web3 and AI projects, has invested in Bittensor, recognizing the importance of decentralized AI infrastructure.
KR1:
KR1, a European blockchain investment firm, has also supported Bittensor’s vision for open, permissionless AI model training on the blockchain, seeing it as a critical step toward decentralized AI systems.
2. Angel Investors:
Trent McConaghy (Founder of Ocean Protocol):
While not directly invested, McConaghy has expressed strong support for decentralized AI projects like Bittensor that utilize blockchain technology to democratize access to AI resources and data.
Sandeep Nailwal (Co-founder of Polygon):
Nailwal, known for supporting decentralized infrastructure projects, has voiced interest in Bittensor’s approach to incentivizing AI model training through decentralized computation, though no confirmed direct investment.
Futuristic Use Case:
Decentralized machine learning model training:
Bittensor enables the training of AI models in a decentralized manner, allowing participants to contribute computational power and data, which is crucial for building AI models that are not dependent on centralized entities.
Incentivized AI development:
Bittensor’s tokenomics incentivize participants to stake GETTEX:TAO tokens on high-performing AI models, aligning incentives across the network and driving continuous improvements in the quality of AI outputs.
AI model sharing across industries:
Industries such as healthcare, finance, and research can benefit from Bittensor’s decentralized AI models, which allow for the sharing and optimization of AI models across sectors in a transparent and permissionless way.
Secure and transparent AI computation:
By leveraging blockchain’s security and transparency, Bittensor ensures that AI models and computations are performed in a trustless environment, reducing risks associated with centralized AI model training.
Why will it make a significant amount of profits?
Unique competitive edge:
Bittensor stands out from traditional AI platforms by decentralizing the training and development of machine learning models. This creates an open and permissionless ecosystem where anyone can contribute to AI development and be rewarded, giving it a unique position in the AI market.
Growing demand for decentralized AI models:
As the AI industry grows, the need for decentralized infrastructure that allows for transparent, secure, and scalable AI model training will increase. Bittensor’s approach of incentivizing contributors with GETTEX:TAO tokens will attract more participants and developers, driving demand for the token.
Neuron Staking and incentivization model:
Bittensor’s Neuron Staking system allows participants to earn rewards by staking GETTEX:TAO on AI models they believe will succeed. This creates a sustainable revenue model while encouraging continuous innovation in AI development.
Revenue from AI model training and computation:
Bittensor generates revenue by offering decentralized AI model training and computation services. As more businesses and developers use its infrastructure for AI model optimization, the value of GETTEX:TAO tokens will increase due to the growing demand for decentralized computation.
AIT Protocol; One Stop Shop under TAO Bittensor!Project description:
AIT Protocol is a decentralized AI infrastructure platform designed to enhance the development and deployment of AI-powered applications by leveraging blockchain technology for secure data sharing, decentralized computation, and AI-driven services.
Type of project:
AI infrastructure and decentralized computation protocol.
Is it under a block?:
Yes, AIT Protocol operates on Ethereum and other compatible blockchains, utilizing smart contracts to manage AI-driven services and secure data exchange across decentralized networks.
Latest update or news:
As of August 2024, AIT Protocol launched its AI-as-a-Service (AIaaS) feature, enabling developers to access decentralized AI models and computation resources for building and scaling AI-powered applications on the blockchain.
Narrative:
AI infrastructure, decentralized computation, AI-driven services, and blockchain-based AI applications.
Why is it a good investment?
1. Institutional Backers and Angel Investors:
Pantera Capital:
Pantera Capital has invested in AIT Protocol, recognizing its potential to bridge the gap between AI and blockchain, focusing on decentralized AI applications and services.
Framework Ventures:
Framework Ventures has also backed AIT Protocol due to its unique AI infrastructure approach, enabling decentralized computation and AI services in a secure and scalable manner.
Outlier Ventures:
Known for supporting Web3 and AI projects, Outlier Ventures has invested in AIT Protocol to push the boundaries of decentralized AI and its integration with blockchain ecosystems.
2. Angel Investors:
Ben Goertzel (Founder of SingularityNET):
While not directly confirmed, Goertzel has shown interest in projects like AIT Protocol that focus on decentralizing AI and integrating it with blockchain for secure and scalable solutions.
Chris Dixon (a16z Crypto):
Dixon, a key figure in supporting blockchain and AI convergence, has expressed support for the type of decentralized AI services that AIT Protocol aims to provide, though no direct investment has been confirmed.
Futuristic Use Case:
Decentralized AI applications:
AIT Protocol enables developers to create AI-powered dApps that leverage decentralized computation and data storage, allowing for more secure and scalable AI models that can be accessed by a global user base.
AI-driven services for enterprises:
Enterprises can use AIT Protocol’s AI-as-a-Service (AIaaS) to integrate decentralized AI models into their business operations, providing automated insights, decision-making, and process optimization while maintaining data security.
Cross-chain AI integration:
AIT Protocol is designed to operate across multiple blockchains, enabling AI models to interact with different ecosystems and provide AI-driven services across various decentralized platforms and dApps.
Decentralized data sharing for AI training:
By leveraging blockchain technology, AIT Protocol allows secure, transparent data sharing for training AI models, solving critical issues related to data privacy and security in AI development.
Why will it make a significant amount of profits?
Unique competitive edge:
AIT Protocol’s focus on decentralized AI infrastructure gives it a competitive edge in both the blockchain and AI sectors, providing scalable AI solutions that are not tied to centralized entities, thus appealing to developers, enterprises, and AI enthusiasts alike.
Growing demand for AI services:
As the demand for AI-driven services continues to grow across industries, AIT Protocol’s decentralized AI infrastructure will attract more developers and enterprises looking for secure, scalable AI solutions, driving demand for NYSE:AIT tokens.
Revenue from AI-as-a-Service (AIaaS):
AIT Protocol’s AIaaS model creates a sustainable revenue stream by enabling developers and businesses to access decentralized AI models and computational power for a fee, which will drive the utility and value of the NYSE:AIT token.
Integration with Web3 and decentralized ecosystems:
As more decentralized applications and platforms seek to integrate AI capabilities, AIT Protocol will play a critical role in providing AI services across Web3 ecosystems, making it a key infrastructure player in the growing blockchain and AI intersection.