Breakout takes one and a half year to happen | Long BiasWeek Chart
AAVE already has broken #Resistance Line by Descending Trend Line. But it has another one at $110 ahead.
Wait for #Retest Step after Resistance turn into Support
Time will tell
Layer1
Fantom (FTM) long - big breakout soon!?FTM are squeezed between the daily 20 MA and 200MA, and at the same time the weakly trend are about to break to the upside. It could lead to big move to the upside.
If a weekly trend break will be confirmed, I don't think it takes much time before we can see a 100% move.
Zoom in to smaller time frames to find a perfect entry with lower risk and adjust your stop loss according to your trading style.
The main idea is - big move is probably coming for Fantom - prepare to catch it
The idea in the chart have risk/reward ratio 6, with potential 100% profit
INJ High time frameIn the lead up to the next bullrun now is a good time to research into strong projects that will look to out-perform BTC over the duration of the cycle.
L1's are a large part of the cryptocurrency market with ETHEREUM being the leading L1 altcoin, a coin with a market cap of ~220B, due to diminishing returns with every cycle investing in projects that have yet to grow to this level offer a higher ceiling for potential gains.
One of those L1's is INJECTIVE, an L1 that currently sits at approximately half its ATH set in May of 2021. A POS blockchain "built for finance" based on the COSMOS SDK able to facilitate cross chain transactions with other major L1's.
Looking at competing L1's like SOLANA where it has an ATH of $260, an almost 8x from current price. This naturally brings on more sell side pressure as people that are still underwater from the previous cycle and are inclined to sell at break even as soon as price reaches that level. This will be the case all the way up to all time high.
However, for INJ once it breaks it's previous ATH there is no sell side pressure as everybody is in profit every time a new ATH is made. This then snowballs into brand new territory, retail likes to FOMO in and smart money takes their profits.
When looking at the last bullrun, CORDANO reached a total market cap of ~110B, if INJ was to do the same it would mean a price of $1100/INJ. Not saying this is going to happen but stranger things have happened.
Very exciting prospect and definitely a project I am anticipating to be one of the best performing in 2024-2025.
Supply and Descending Trend Line create a Resistance ZoneOn day chart
Cardano has Supply Zone around 0.3 and also have obstacle by Descending Trend Line that made a strong resistance zone for this time.
So I expect ADA will pull back to 0.268
Wait for next move
Very first impulse wave will be done around $3Weekly Chart
I figured out the impulse wave begin from 0.777
Now, it's trading around 1.975 and going up further with the target is also resistance around 3.0
That's 1.382 Fib from 2.025
I expect RUNE will pullback to 1.5 before come back to contention
Wait for next move
MAJOR RESISTANCE TREND LINE NEEDS TO BREAK!!Keep it simple.
Once trend line is broken and retested, time to long.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Like the old days, target around $50Weekly Chart
Solana has strong support by ascending trend line and strong resistance around $50
Each pull back is good time to join the game
Wait for next move
SUI: Igniting Optimism with Innovative Blockchain SolutionsSUI Coin: A Promising History and Bright Future.SUI Coin, while relatively new, has quickly gained attention in the cryptocurrency world due to its innovative blockchain solutions. Its history is marked by a commitment to scalability, security, and sustainability, making it a favored choice for investors. The coin's creators have consistently upgraded its technology, addressing initial challenges and enhancing its capabilities. As blockchain technology continues to evolve, SUI Coin's future prospects look promising. Its adaptability to various sectors, from finance to supply chain, positions it as a frontrunner in the race to shape the decentralized future, making it a coin worth watching closely.
#SOL/USDT 6h (OKX Futures)Ascending trendline breakdown & retestSolana printed an evening star below 100EMA resistance and is pulling back to it, a rejection seems likely from it.
⚡️⚡️ #SOL/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (6.0X)
Amount: 5.0%
Current Price:
19.520
Entry Targets:
1) 19.649
Take-Profit Targets:
1) 17.691
Stop Targets:
1) 20.302
Published By: @Zblaba
CRYPTOCAP:SOL OKX:SOLUSDT.P #Solana #PoS solana.com
Risk/Reward= 1:3.0
Expected Profit= +59.8%
Possible Loss= -19.9%
Estimated Gaintime= 5-10 days
Telos update: Call the Fire Squad 🔥👩🚒🧨This is the description from Sept 24:
TLOS/USD 3-day (@ $0.06395):
Getting in near the bottom and setting a well-tailored stop is essential. We have that kind of setup here with Telos. TD8 and encouraging KDJ picture on a solid project 🎯👊
Retest Resistance | Short BiasChart 1H TF
BINANCE:ZILUSDT is recovering to resistance 0.0177x
In short term, ZIL is creating downward structure
If ZIL fail at resistance zone, I expect it will down to around 0.017
Wait and see
Reversal Pattern or Continue PatternChart 1H TF
I figure out two chart patterns for now
#1. Reversal Pattern which is Inverse Head Shoulders
#2. Continue Pattern which is Triangle Pattern
I more likely PERP will happen Continue Pattern
If down, PERP has support around 0.54
If up, PERP has resistance around 0.69
Wait and see what happen
Selling pressure is weaken | Potential LongDaily Chart
Fetch.AI has broken out resistance by descending trend line and gone up to 0.27xx
Now, it's pulling back to support around 0.227x
Chart 4H TF
BINANCE:FETUSDT is trading at 0.232x and in retracement phase.
Fetch has support around 0.227x
Seem selling pressure is weaken that's showed by last 4 candles with long wick
Need to observe what happen around this area
Wait for next move
Breakout by Breakout | Long BiasWeekly Chart
Wait a breakout and close above 1.9 that's confirm for next bullish up to 3.1
Chart 4H TF
RUNE is trading around 1.82x it closed above 1.72 and moving up to 2
RUNE can go up and down in range 1.7 - 2 awhile before breakout, so this time for collect part by part.
Time will tell
Potential Long on Demand ZoneChart 1H TF
OGN is on the support and in triangle pattern
It's nearest resistance around 0.09 and further 0.0975
Wait for next move
More room to go up if price above resistanceChart 4H TF
Easily to spot the strong support around 0.046 then HBAR's bounced back and been going up to resistance around 0.05
I wait a breakout or rejection around this level to trade on lower timeframes.
If BINANCE:HBARUSDT can break and close above resistance, my plan for Long Position and vice versa
So patience for signal
Keep uptrend even red marketWeekly Chart
Tron BINANCE:TRXUSDT has touched 4 times and bounced back from support by ascending trend line.
Chart 4H TF
Tron is in consolidation phase in range 778 - 795. It needs to confirm the support before go up on.
Wait for next move
#KAS/USDT 4h (ByBit) Broadening wedge on resistanceKaspa is facing 200MA where it already got rejected once, seems likely to retrace down to 50MA support.
⚡️⚡️ #KAS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (6.7X)
Amount: 5.0%
Current Price:
0.03945
Entry Targets:
1) 0.04020
Take-Profit Targets:
1) 0.03540
Stop Targets:
1) 0.04260
Published By: @Zblaba
$KAS BYBIT:KASUSDT.P #Kaspa #L1 #PoW kaspa.org
Risk/Reward= 1:2.0
Expected Profit= +80.0%
Possible Loss= -40.0%
Estimated Gaintime= 4-8 days
Which scenario will be happened? World Coin BINANCE:WLDUSDT has soared to resistance at 1.393 then pulling back to 1.135 now.
World Coin has the support by ascending trend line
Now, price is in consolidation phase and declined a few times 1.12
If WLD can break and close above 1.15, I expect WLD will go up higher. Otherwise, it closes below the trend line and down to the support at 1.09
Just wait and see what happen
Reversal Pattern, chance to buyChart 4H TF
BINANCE:RUNEUSDT has broken up and gone up to resistance zone around 1.62
Chart 1H TF
It's broken down ascending trend line and trading at 1.58x now.
I figured out some good signals for reversal
- Reversal Pattern: Head Shoulders
- ChOCh at 1.57
- Strong Resistance Zone around 1.6x
- Fake Breakout
So I expect price will down to support zones at 1.56, lower 1.52
Wait and see what happen
Reversal Pattern | Opportunity for BuyingChart 4H TF
I found out Inverse Head Shoulders which is reversal pattern on World Coin's chart.
BINANCE:WLDUSDT has resistance/neckline around 1.37
This reversal will be done when price close above this level. Can trade on lower timeframes
Wait and see what happen
Recovering phase | Short BiasWeekly Chart
AR's still in downtrend and trading at 4.2 now
Daily Chart
AR's on the ascending trend line acts a support
Its' in recovering phase to 4.5 and the further resistance around 4.8
I expect AR will fall when hit the resistance
Wait for next move
Bearish still continue | Short BiasWeekly Chart
BINANCE:SNXUSDT has in Triangle Pattern that sign for massive move is coming so just wait a breakout
Chart 4H TF
BINANCE:SNXUSDT is trading at 1.95x and in correction phase to resistance around 2.0
Observe that level before you trade
Wait for next move
