LayerAI (LAI)LayerAI, formerly known as CryptoGPT (GPT), is a zero-knowledge roll-up Layer-2 blockchain which powers the AI platform that lets you monetize your AI data. That is, LayerAI is the first sustainable ‘to earn’ ecosystem that pays users for contributing data that is then sold in the global data marketplace.
Anyway, LAI seems to shown potential for growth in its chart. First, moving in a somewhat sideways channel, then broke the channel and went up as high as the width of the channel. Now, resting in a what to seem to be a triangle/flag pattern. If LAI keeps up with its own movement behavior, something like this could unfold. Let's see what happens.
LAIUSDT
#LAI/USDT#LAI
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.01500
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 0.01500
The first target is 0.02080
The second target is 0.02625
The third goal is 0.03192
How To Trade NEW ALTS - SECRET PATTERN 📈New Alts - a Pattern
Newly released alts all seem to follow the same pattern, at least for the first few weeks. From the frontpage chart, you'll notice a very interesting "fractal" if we can call it that.
It goes something like this:
🚀 Opening Candle 💥 Top Out 👇 Hard Drop ❕ Re-enters opening price or goes under 🔁 Bottoms out (HERE IS WHERE YOU BUY) 🚀 Higher Highs follow.
With this said, it seems evident that you should WAIT to buy a coin that has just been released on the exchange. Although you could try to jump in to the moving train, the risk is simply too high if you do not already have a position.
Worried that you missed the PUMP? Don't worry! Here's a list of strong coins that can return high profits, IF you're willing to wait for the right entry:
1) JTO : BINANCE:JTOUSDT
2) RVF : MEXC:RVFUSDT
3) AIUSDT: BINANCE:AIUSDT
4) MAV : BINANCE:MAVUSDT
5) NOT : BINANCE:NOTUSDT
ALTS that have already retraced, bottomed out and establishing higher lows. These alts you could easily preset TP targets from 15% onwards, depending on your risk appetite:
6) RVN : OKX:RVNUSDT.P
7) RSR : BINANCE:RSRUSDT
8) RAY : BINANCE:RAYUSDT
9) LPT : BINANCE:LPTUSDT
10) KSM : BINANCE:KSMUSDT
ALWAYS remember to take caution in the volatile world of crypto with a SL and reasonable targets. Remember that trading newly released alts and memecoins greatly increase the risk on top of the existing risk of crypto.
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#LAI/USDT#LAI
We have a bearish channel pattern on a 12-hour frame, within which the price moves and adheres to its limits well.
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher when it is broken
Entry price is 0.04200
The first target is 0.05560
The second goal is 0.06700
The third goal is 0.08100
LAI attempting another breakoutThis amazing project which is among my "bet bags" has done incredibly so far. I entered at the blue line and as you can see it pumped a lot so far. Here the weekly chart:
At daily you can see a bullish falling wedge which has broken out today and the volume peak confirms the breakout:
The breakout is more clear at 4h though. I think that considering the low market cap and the fact that it fits various narrative of this cycle, it can easily do a 10x from here. I entered between 3 and 4 millions so I'd like that a lot! I think that if you wanna buy this is the moment to do it. If you wanna risk wait for the retest but I'd buy right away, it's bull market after all.
Good luck!
LAI/USDT
LAI has demonstrated robust momentum, indicative of the project's strong fundamentals. However, it's crucial to note that LAI has already experienced a significant 10x increase in 2024, introducing a higher level of risk for potential buyers at the current point. Please carefully assess this risk before making any decisions.