Ideaology (IDEA)Ideaology is a blockchain project that strives to connect Innovators, developers and investors connected in one platform to create an ecosystem which covers four steps from initial idea to crowdfunding. Anyway, IDEA was mostly in a downtrend since the beginning. Recently, IDEA broke the long downtrend line, and it seems an upward phase is about to start. Let's see what happens.
P.S. Note that IDEA's 24H trading volume is less than 1 Million Dollar, so be careful.
Ideaology
IDEA - Targeting $0.01🎯Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 IDEA has been overall bullish, trading within the rising wedge pattern in orange.
Currently, IDEA is hovering within a narrow range between the lower orange / red trendlines and $0.0065 resistance.
📈Scenario 1:
As we approach the $0.0045 support zone, we will be looking for new buy setups to catch the next upward impulse movement.
🏹Scenario 2:
For the bulls to regain control from a long-term perspective, a break above $70,000 is needed.
In this case, a movement till the upper orange trendline and $0.01 round number would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After an over-extended bearish movement, IDEA has been trading inside a range after rejecting the round number 0.01
We have been stuck inside the accumulation between 0.01 and 0.02
🏹 For the bulls to take over, we need a Daily Candle Close above 0.02
Meanwhile, since IDEA is inside a range and around the lower bound, we will be looking for short-term buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - Shift In Momentum In Action!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After an over-extended bearish trendline, IDEA has been trading inside a range after rejecting the round number 0.01
We have been stuck inside the accumulation between 0.01 and 0.018
🏹 For the bulls to take over, we need a Daily Candle Close above 0.018
Meanwhile, since IDEA is inside a range, we will be looking for short-term buy setups as we approach the lower bound of the range 0.01
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
IDEA is approaching a strong support and round number 0.1 so we will be looking for buy setups.
on H1: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
For the bulls to take over from a long-term perspective, we need a break above the upper blue zone.
Meanwhile, until the buy is activated, IDEA would be overall bearish and can still trade lower inside the green support zone .
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - Potential Bullish Reversal!IDEA is approaching a strong support and round number 0.1 so we will be looking for buy setups.
on H1: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , IDEA would be overall bearish and can still trade lower inside the green support zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEOLOGY on a critical 1D MA200 test after 2 weeks of rise!IDEAUSDT has been very hot as of late, rising non-stop since the February 24 low. Right not it is testing the 1D MA200 (orange trend-line), on a highly important test as it has failed to close above it since December 27 2021.
The good news is that the price broke above the Lower Highs trend-line that has been rejecting the uptrend attempts, as per my previous post:
This rise can extend on strong foundation as the 1D MA50 (blue trend-line) has now turned into the Support. Last time Ideaology was in a similar situation, was after the August 21 2021 break-out. On a not so encouraging note though, it failed to break above the 1D MA200 and broke again below the 1D MA50. However, it managed to hold the market bottom and rallied aggressively above 0.8400 just a month later.
It becomes clear then that IDEA has to close above the 1D MA200 now in order not to risk failure below the 1D MA50. If it successfully does so, I expect a first High just below the 0.618 Fibonacci retracement level at 0.3500 and in early May, test of the 0.8400 High.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
IDEA - Wait For The Trigger!IDEA is sitting around a strong support so we will be looking for buy setups.
on DAILY: IDEA formed a valid double bottom pattern but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower inside the support zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEAOLOGY A break above its 1 month Triangle will target 0.3500!This is an important update on IDEAUSDT as the token is fulfilling the buy conditions I published around a month ago (see chart below) based on its long-term cyclical behavior and is turning into a strong buy opportunity:
On today's analysis however, I will focus on the shorter term 4H time-frame as the strong short-term fundamentals offer solid break-out buy opportunities based on the Fibonacci levels. But let's dig deeper into it.
** Technical analysis **
As mentioned above, this is a 4H chart, which shows IDEA consolidating within a Triangle (of Lower Highs and Higher Lows), which is consistent with the Accumulation Theory presented on my long-term Cyclical pattern published a month ago. As you see, the price broke above the 1D MA50 (red trend-line) on February 07 and 15, which was a strong Resistance. Now once the Lower Highs break, I expect the price to start filling the gaps on the Fibonacci retracement levels, where interestingly enough, is where the major Resistance Clusters are. I give strong probabilities to an upward break-out because the 1D RSI has been on Higher Highs as opposed to the Lower Highs of the price, indicating a Bullish Divergence. My short-term target after the break-out is 0.3500, which is slightly below the 0.618 Fibonacci retracement level.
** Fundamental analysis **
The good news don't stop here. The IDEA project, to thank users for their support, will be launching a competition on KuCoin, giving away a reward pool of 360,000 IDEA! The competition is run on three Activity tiers with a 60000, 220000 and 80000 IDEA respectively and will run until February 28. You can find more info on the specifics of the Activities on Ideaology's website. But for sure you wouldn't want to miss this!
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
IDEAOLOGY Great buy opportunity for +50% profit above 1D MA50IDEAUSDT is showing lately signs of forming a market bottom. There is a good opportunity which under the right set of technicals and fundamentals can deliver +50% return. Let's break down today's IDEA analysis to the Technical and Fundamental parts.
** Technical Analysis **
The price is so far respecting the 6 month Support level of 0.0976, which is holding since the July 21 2021 market Low. The RSI sequences between now and then are similar, both showing that accumulation process took place on that Support. On July 29, when the 1D MA50 broke (blue trend-line), the price instantly jumped and reached the 1D MA100 (green trend-line) and the 0.382 Fibonacci retracement level. If you are looking for a short-term trade opportunity, I would suggest waiting for the 1D MA50 to break and buy, aiming at the 1D MA100 and the 0.382 Fibonacci retracement level at 0.2238. That would be at least a +50% return on investment. If on the other hand you view IDEALOGY as a long-term investment like me, the current levels are low enough for a buy and hold.
** Fundamental Analysis **
Such a move definitely would require strong fundamentals behind and what better boost than the late news regarding the World Of Cryptoids IDO sale on Ideaology.
In more detail, World of Cryptoids is building a massively multiplayer online game. A pokemon inspired metaverse world where players can breed, own, and monetize their Cryptoids using a variety of blockchain based tokens. $CAC will be the primary governance token and the game has been designed around being a sustainable Play to Earn blockchain game (sP2E). By fighting against other Cryptoids, players can earn token rewards and later on build their own Kingdom throughout the Land play ecosystem. World of Cryptoids gameplay is designed around a sustainable economy allowing players to invest in the game and receive sustainable rewards over a long period of time.
The game will feature a whole host of new experiences including breeding, land battles, Adventure mode(PvE), and Arena mode(PvP). With all these game modes in mind, a significant amount of traction is expected to be built up in the first few months with a very healthy game economy developed. World of Cryptoids will bring blockchain gaming into the mainstream mobile and browser gaming ecosystem by offering the advantages of NFT and cryptocurrency ownership.
The game is already live, and the $CAC tokens can help you breed your Cryptoids and make new ones, as well as buy Cryptoids and CrypEggs on the marketplace.
$CAC is a functional token which will be used in a variety of ways including the incentives to contribute to the ecosystem and a variety of other means.
You can find a great deal on information about it on Ideaology's twitter page.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
IDEAOLOGY bottomed! +750% profit opportunity on cyclical patternIDEAUSDT saw almost +50% gains in the last 3 days and that is already attracting investors back into the market. Technically I see a very strong cyclical pattern that shows that the Bearish Phase has bottomed and a rally back to $0.800 is on the cards.
As this 1D chart shows, IDEA has been trading on very distinct cycles which can be accurately viewed using the Sine Waves. The first Top was on May 10 2021, the bottom followed on July 22 2021, the new top came in on November 03 2021 and right now it appears that the new phase hit its new bottom. On top of that the technical support symmetry comes into play as 3 days ago the price hit the 0.0970 Support level which is a zone holding since early 2021. Same with the 1D CCI which is printing a bottom pattern similar to July 17.
On a 3 month horizon, we can expect a strong rally of +750% and a test of the $0.8400 Resistance (November 03 High).
From a fundamental standpoint, the Ideaology team is staying busy with IDO date announcement with World of Cryptoids where traders can participate in the CAC token sale. You can find all about it on their twitter page.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
IDEA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is sitting around a strong support zone in blue so we will be looking for buy setups.
on DAILY: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower till the lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - My Trading Plan in a picture!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is still sitting around a strong demand zone in blue so we will be looking for buy setups.
Long-term: on the left
on H4: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Short-term: on the right
Since IDEA is sitting around the demand zone, we will also be looking for short-term buy setups on lower timeframes.
on H1: IDEA formed a double bottom pattern in gray, but it is not ready to go yet. Before we buy, we want the bulls to prove control again.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is still sitting around a strong demand zone in blue so we will be looking for buy setups.
on H4: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower till the lower blue support before going up. In this case, we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - Potential Bullish Reversal!IDEA is approaching a strong support and demand zone.
As per my trading style:
I will be looking for bullish reversal setups on lower timeframes like a double bottom, trendline break, and so on...
Meanwhile, until a buy setup is activated, IDEA can still dive inside the green support before going up.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is sitting around a strong demand zone in blue so we will be looking for buy setups.
on H4: IDEA is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower till the lower blue support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is sitting around daily support in green so we will be looking for buy setups on lower timeframes.
on H4: IDEA is forming an inverse head and shoulders pattern but it is not valid yet.
Trigger => Waiting for the right shoulder to form then buy on the gray neckline break upward.
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower inside the green support. In this case we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEAUSDT Short-term opportunity for $0.800Ideaology is forming a bullish break-out pattern on the 4H time-frame. This presents us a quick short-term opportunity for profit.
As you see the price has been trading within a short-term Triangle since the November 03 market top. This resembles the October Triangle, which after it broke upwards, it delivered the November market top. The key here is the Lower Highs trend-line of the Triangle. If it breaks and the October fractal gets repeated, then IDEA should target $0.800 within a few days. The price is currently supported on the 4H MA50 (blue trend-line) and the condition for this break-out to be valid is to hold the 4H MA200 (orange trend-line) as it did on October.
The longer IDEA holds it, the greater the chances for a November 02 - 03 type rally towards the 3.5 Fibonacci extension and $2.000 before the Christmas break. Based on this recurring pattern I am confident we will see this happening. Technically that makes the current price levels, the ideal buy entry. Don't miss it.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
IDEA - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is overall bullish trading inside the blue trendlines and now approaching the lower bound / blue trendline so we will be looking for trend-following buy setups on lower timeframes.
on H1: IDEA is forming a trendline (in orange) but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, IDEA can still test the green support before going up. In this case, we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Golden Cross Will Throw ideaology into the Sky , 1$+ is incomingToday The MA100/MA200 Golden cross is formed.
Price broke the falling wedge and the pullback is completed in the 4h and daily time frames.
After clear the first resistance at 0.45 which is the last swing high, bulls will come over and push price to the upside.
The key levels are 0.603 which is the weekly body candle close and then 1$ which is the daily almost ATH and also a psychological resistance.
Based on Fibonacci levels, the first target would be the 1.272 level which is 1.04$, after a possible correction the second target will be the 1.618 which is 1.2974 . In this case ATH will be broken but in the daily TF, it is much important that in the weekly we break the 0.6 with a full-body candle, not with a long shadow above it!
If the price manages to hold above 1$, the targets would be :
1.04
1.29
1.78
2
3
Not financial advice
IDEA - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is sitting around daily support. And as per my last video analysis (attached below), we were waiting for IDEA to form a new swing high around the red trendline to consider it our trigger swing.
on H1: our red channel is now valid but it is not ready to go yet. Before we buy, we want the buyers to prove control by breaking above the last high.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower inside the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich