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Long Orca to 8.73Traders, I’ve been at work testing some new indicators lately and they have been working very well so far. I want to give them a true test in predicting a pullback, but so far, they haven’t had that chance. Anyways, right now, they are all flashing green on ORCA. And it makes sense too. We’ve cracked the top of that down-trending channel, signaling that an upward break is coming soon. Additionally, we have very solid support on the underside of price. Finally, look at that beautiful bull flag that has formed. We are on the precipice of upward trajectory here. I’ve entered at 4.64 with a final target of 8.73, a SL of 3.61, and a RRR of 4.3. See you on the moon. Stew
COINBASE:ORCAUSDLong
by stewdamus
Should you buy this layer-2 token?Arbitrum stands out as a premier layer-2 scaling solution, witnessing a remarkable surge in its token price, soaring by over 300% from its recent low of $0.5 to $2.4. This surge has captivated the attention of investors, especially amidst the bullish sentiments of 2024. Presently, the token's trajectory indicates a bearish trend, hovering close to its support level of $1.7, which also aligns with the 0.618 Fibonacci retracement level. An anticipated unlocking of $2 billion worth of tokens is slated for March 16, 2024. Following this event, there may be opportunities to acquire the token at levels of $1.5 and $1.2.
Short
by teakfinance
Enjin to 16k Satoshi by August 2022This is a fun chart that I actually made into an NFT on the Enjin chain. The idea is simple. As you can see, ENJ is trapped in a certain zone. The future direction depends on where it breaks off towards. If ENJ breaks above the descending curve, then my prediction is at least 16k Satoshi by August 2022. It could take one of two paths up there. On the other hand, if it fails in the near term and breaks the zone downwards, then it would follow the curve down back into January 2021 levels. You can view this chart here .
Long
by TechNerdOmar
12
TOTAL 3 ~ Potential Breakout in April 2024TOTAL 3 Altcoins minus BTC & ETH ✅Price has broken above the 200 DSMA ✅Price has broken out of the pennant ⏳126th week is 1st April 2024 Earlier today I shared TOTAL 2 which includes CRYPTOCAP:ETH and suggested that including ETH altseason could initiate from Feb/Mar 2024. TOTAL 2 breaking out ahead of TOTAL 3 makes a lot of sense as this is what has happened in prior cycles FIRSTLY, bitcoin leads the whole market like it has been. Secondly, liquidity moves into Layer 1 altcoins like CRYPTOCAP:ETH , CRYPTOCAP:ADA & EURONEXT:ALGO = TOTAL 2 in Feb/Mar Thirdly, liquidity moves into Layer 2 altcoins like CRYPTOCAP:IMX , CRYPTOCAP:MATIC & NASDAQ:OP (TOTAL 3 in Mar/Apr) After that the Memecoins and shxtcoins have their wild runs, which usually coincides with peak euphoria and the end of the bull market or a sizable correction. This is why you leave the gambling with small small positions until later in the cycle for those memecoin plays. I hope this helps you frame the timeline of the market in you mind. It may not happen exactly as outlined with the dates but the sequence will likely be the same so we can watch out for Layer 1's and Layer 2's moment next. PUKA
CRYPTOCAP:TOTAL3
by PukaCharts
1
Could TRON #TRX 6X v #BITCOIN TRXBTC has very good market structure (higher high's , higher lows's) for the past 3 years. Overlooked , & under-appreciated it seems like, in my view on it's sentiment on Justin's success of network adoption. We can see a clear Inverse head and shoulders with a very key neckline level that if broken with strength could a indicate a run at the LOG target. A disappointing TRX may only reach the linear target and not much beyond. My TRXUSD chart which I am watching also does point to a stellar Bull market for TRX
Long
by BallaJi
MANTA 5% BULLISH pump probability!When taking a look at MANTA. it is currently respecting all levels to the upside and is now retesting a local support after the trendline breakout. This is bullish price action and suggest a higher move is likely in the next 24 hours. The previous high is 5% away and that would be a nice target from these levels. 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.
Long
by Navitility
Arbitrum ($ARB) Poised for Further CorrectionAfter reaching an all-time high of $2.4, Arbitrum underwent a minor correction. Currently, the asset is trading near the support zone of $2.0–$2.05, which has been tested twice in the past few days. The most likely scenario is for the asset to resume its upward movement from this support zone. In this case, the nearest resistance level would be at $2.227, where a significant number of sell orders are concentrated. If buyers manage to surpass this level, the asset could continue its upward trajectory toward the next resistance zone at $2.33–$2.40, maintaining the potential for setting new all-time highs. A deeper correction for Arbitrum is only conceivable if a similar scenario unfolds on the BTC chart. Under such circumstances, LSE:ARB could retreat to support levels at $1.97 and $1.85–$1.90.
COINBASE:ARBUSD
by DEXWireNews
SOL 🎵 Please Don't Stop The MusicHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Weekly: Left Chart 📊 As per our last analysis, SOL broke above the 50.0 round number signaling the start of the MarkUp phase, and then reached our around 130.0. H4: Right Chart 📈 SOL has been bullish from a medium-term perspective trading inside the rising broadening wedge in red. This week, SOL rejected the 130.0 and upper red trendline and traded lower. Currently, it is sitting around the lower bound / red trendline acting as a non-horizontal support. 🏹 Thus, as long as the trendline holds, we will be looking for trend-following 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
Long
by TheSignalyst
2
Arbitrum One Dominates the L2 Scene Leaving Rivals in the Dust Arbitrum One has emerged as a frontrunner, achieving a remarkable milestone by surpassing $10 billion in Total Value Locked (TVL). This substantial feat places Arbitrum One ahead of its closest competitor, Optimism, by a staggering $4.6 billion. Additionally, the upcoming project Blast has already generated significant buzz, boasting an impressive TVL of $1 billion, even before its official launch. The Unprecedented Rise: Arbitrum One's journey to the $10 billion TVL mark has been nothing short of extraordinary. As a second-layer blockchain solution, it has managed to outpace its rivals and establish itself as a powerhouse within the decentralized finance (DeFi) ecosystem. This achievement not only underscores the platform's growing popularity but also highlights the increasing demand for scalable and efficient blockchain solutions. Blast: A Project on the Horizon: One of the most intriguing aspects of the current blockchain landscape is the anticipation surrounding the yet-to-be-launched project, Blast. Despite not having officially debuted, Blast has already accumulated a TVL of $1 billion. This unprecedented level of interest and investment in a pre-launch phase signals a paradigm shift in how investors and enthusiasts approach new blockchain ventures. Arbitrum Token's Meteoric Rise: Accompanying Arbitrum One's impressive TVL milestone is the notable surge in the value of the Arbitrum token. Reaching an all-time high price of $1.83, the token experienced a remarkable 60% rally over the past month. This surge in value reflects a growing confidence in the Arbitrum ecosystem and raises questions about the potential long-term impact on the broader cryptocurrency market. The Power of Second-Layer Solutions: Arbitrum One's success is not only a testament to its own capabilities but also shines a spotlight on the importance of second-layer solutions in the blockchain space. As scalability issues continue to plague some of the major blockchains, second-layer solutions like Arbitrum One are proving instrumental in addressing these challenges and providing users with faster and more cost-effective transactions. Arbitrum One's journey to a $10 billion TVL milestone, coupled with the anticipation surrounding the upcoming Blast project and the significant surge in the Arbitrum token's value, paints a compelling picture of a blockchain platform on the rise. As the ecosystem continues to evolve, the success of Arbitrum One underscores the demand for scalable and efficient solutions, solidifying its position as a key player in the future of decentralized finance.
COINBASE:ARBUSDLong
by DEXWireNews