Layer2
Is Optimism BREAKING OUT of its life long Symmetric Triangle?$OPT - Is Optimism BREAKING OUT of its lifelong Symmetric Triangle?
Optimism is a New Layer 2 for Ethereum.
It seems to be attempting a significant break-out here...
$BTC looks short-term bearish so...
Proceed with CAUTION.
But take note! 📝
#Optimism
DYDX Long scenarioWant to retest bullish order block in green below, would enter on a sweep of the previous low and scooping up liquidity.
Want to see it hold and SL below previous low.
Soon...
Cheers
Does MATICUSDT are in new bull run?From what I already labeled, If 2-3 months from now, The price doesn't go up, meaning it dosing a large X wave if something else, If the price goes a downtrend, It may do wave C of a big Zigzag, If the price still in an uptrend, Meaning I count wrong and need to recount
BINANCE:MATICUSDT
$MATIC - Coming out of the DENHello my Fellow TraderZ,
$MATIC #POLYGON - one of the strongest Layer2 or prefer to say sidechain for #ETHEREUM, both Fundamentally and Technically.
#META partnership with #ARWEAVE - news has added fuel to its PUMPA recently.
On DTF, $Matic has broken the TL and also trying to close the Daily above the strongest Horizontal Resistance.
Look at the VOLUME, shows a clear buyers' interest. Wait for a pullback and enjoy the RIDE.
CHEERS!!!
Pullback before Rally to 155On weekly chart
BINANCE:QNTUSDT has reached to 133 which level is the target of third wave.
It's trading around 108 and in the correction wave B.
Target of wave C around 77 - 73. After that, the fifth wave's a target at 155 or further.
Trade in lower timeframes
Let's wait and see
22% Weekly Swing on CelerUsing my strategy I am aiming for a 22% increase in Celer short term.
Accumulation range is a good place in time to swing and accumulate with decent volatility.
I do believe this is the bottom for the market going forward.
My trigger is the RSI outliers above the travelling Median. Better ones come at the end of a good set.
MATIChey everyone, this is just an idea and nothing more but with the up coming eth merge we could see some layer 2 pump. If we break 1.05 it opens up 1.3 and 1.75!
NFA just an idea
$OP Want to reach 5$ ? Let's GOOO ! 🔥$OP done making Waves 1, maybe this area will be a good for Waves 2 corrective. Just wait till Closing Candle and Confirmation. Hope this Analysis can be true!
Area : 1.080 - 1.111 Buying zone
SL : 0.777
$CTSI/USDT 12h(#BinanceFutures)Falling broadening wedge breakoutCartesi regained 50MA support and seems ready for bullish continuation, after a last pull-back if we are lucky enough!
Current Price= 0.2394
Buy Entry= 0.2173 - 0.1965
Take Profit= 0.2626 | 0.3118 | 0.3520
Stop Loss= 0.1622
Risk/Reward= 1:1.25 | 1:2.35 | 1:3.25
Expected Profit= +26.92% | +50.70% | +70.14%
Possible Loss= -21.61%
Fib. Retracement= 0.5 | 0.618 | 0.702
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Tags: #CTSI #CTSIUSDT #PoS #Staking #L2 #Scaling #SC #Rollup #DApp #DeFi #BSC
Website: cartesi.io
Contracts:
#ERC20 0x491604c0fdf08347dd1fa4ee062a822a5dd06b5d
#BEP20 0x8da443f84fea710266c8eb6bc34b71702d033ef2
#AVAXC 0x6b289cceaa8639e3831095d75a3e43520fabf552
#Polygon 0x2727Ab1c2D22170ABc9b595177B2D5C6E1Ab7B7B
#Arbitrum 0x319f865b287fCC10b30d8cE6144e8b6D1b476999
LRC/USDT : Loopring bullish presignal on goingLRC/USDT : Loopring bullish presignal on going
Context :
Following the last past week bearish price action on the crypto space, the LRC - Loopring, an interoperability solution L2 for CEX/DEX, was evolving within a bearish trend before reaching the key Fibo and auto similar move (Blue arrow) potential at 0,65 (// 28,800 - 32,400 area BTC) - Today with a strong bullish price action the LRC reached 1,24 area the bullish upside confirmation level to break to open a larger rise towards the next target.
Im really confident to see all the coin around interoperability chain / bridge surging this year ( ex: BICO, CELR, LRC,GRT,KSM...) it is a strong thematic...
Tactical view 3 to 6 weeks
buy any dips (1,00/0,95 perfect area) above 0,65 to play a break above 1,24 and play freelunch at 2,60 and and test of the former top in extension
Enjoy my friend !
(And don't hesitate to have a look to my website in signature we have nice giveaway/contest on going with the launch of our app in the next days :) )
Can be down to 0.18, zigzag waveOn daily chart
COINBASE:LRCUSD has reach to golden ratio of correction wave at 0.32
Wave C = 1.382 Wave A
However, wave C's not done. It can be down to 0.18 to complete the impulse wave with golden ratio at 0.32 (the lower third wave).
0.18 which is the invalidation of higher impulse wave, it's also a strong support for long-term.
Time will tell
ZKTUSDT hidden gem on Layer 2. Major updates are here!Fundamental Analysis #ZKTUSDT
zkTube has Rebranded to ZKTMETA :
Key Takeaways
By merging its metaverse operation systems with its industry-leading Layer-2 network, ZKTMETA is turning the dream of a rich metaverse into the average consumer’s reality
The project is all set to facilitate metaverse games with the sophistication of epic proportions thanks to the raw power, affordability, and security of its Layer-2 network
At the same time, it’s empowering creators by laying the groundwork for them with the metaverse operation system. This will undoubtedly accelerate the pace of innovation as more and more creators bring their diverse imaginations to the table
The potential of ZKTMETA is already being realized in the form of its first metaverse game known as MetaTube.
1.Building a Metaverse Operation System on Layer 2
2.Why Layer-2 is the Right Choice ?
3.The Future of Metaverse is Here
4.The First Metaverse Game on ZKTMETA
Checkout their official twitter updates @zkTubeOfficial
Technical Analysis
1.Breakout from 13-21-55 EMA and retesting the level and show's perfect time to enter.
2.Breakout from descending triangle and retesting shows momentum .
3. Etherscan shows major coin holder's are accumulating in dip.
#ZKTMETA #ZKTUSDT #metaverse #blockchain
Target of fifth wave, $16On 15m TF
Let's surf! Target at $16
Right now, WAVES's completed three waves at 14.6 and the fourth wave is coming down to 13.1, perhaps.
Chance to join at there.
EW: Fourth wave's done? Buy or sell?On daily chart
From July to Jan, BINANCE:CRVUSDT has done three waves at 6.8
Right now, it's trading around 2.0
At ATH on July, there's not a golden ratio of impulse wave. I figured out a golden ratio at 13.
Besides, it's a invalidation level below 1.8
What next, wait and see
Super huge potential, 1.600%On daily chart, Loopring is still accumulating.
We have a target of the final wave at 12.5 and invalidation level at 0.6, of course.
We have a complete wave A at 0.63 in the correction wave ABC.
Wave B is happening, seem it's not finish.
What next, wait and see
Before see the peak, need to recoverOn daily chart
BINANCE:LRCUSDT is accumulating around 0.82 and further maybe.
Use DCA way for this case
Less risk, high reward
Wait for a breakout descending channel with huge volume, soon.
Next target from 1.9 to 2.1
What next, wait and see my fellas
The correction wave, $65On 4H TF
Terra ( BINANCE:LUNAUSDT ) has completed the impulse wave at 119 with golden ratio at the fourth wave.
The zigzag wave is correcting with target around 65.
Can open order in lower timeframes!
Time will tell
Completed the first impulse wave, $1.2On 1H TF
Loopring has completed a impulse wave at 1.03
After that, COINBASE:LRCUSD pulled back to 0.89
Right now, LRC has reached 1.2 to complete the third wave.
Besides, it's a invalidation level below 0.88
Wait and see
Polygon (MATIC) In Support Zone!MATIC has been starting to bounce between a $1.30 support zone and a $1.75 resistance since late February of this year. As of right now we have really been respecting the 0.382 Fibonacci level at $1.41 cents. We are also trading just slightly under our POC (Point of Control) on the visible range indicator as well which is about $1.40 cents.
On the Stochastic RSI, MACD, and RSI we're in near oversold territory as well. We have a nice wave like troughs on our oscillators. I believe once we get to peak & crest levels on the oscillators we will possibly see a nice bump up to the 0.5 Fibonacci level at $1.66 from these current levels.
These are pretty nice levels on the daily for MATIC right now especially on the oscillators. I believe we will inevitably run back up past $2.00 at some point as Layer 2 Ethereum scaling solutions, Metaverse, and ZK rollups starts becoming a strong narrative. As of right now we're in a nice support zone of between $1.30 - $1.45.
Keep MATIC on your radars at these levels! Much peace, love, health, and wealth!
Prepare to pump, over 100% On 1H TF
Loopring ( BINANCE:LRCUSDT has been retracing after surged to 1.36
Right now, LRC is trading around 0.89 with the invalidation level below 0.835
We have a huge potential to take profit up to 105% at this price because of a golden ratio 1.382 Fib of wave 3 at 1.8
Wait and see
$MATIC bounce from support?I would expect a retest of the support which we currently bounced from to confirm support, we have the same setup playing out on $DOT. Either we retest and form a double bottom or we flip the little resistance we facing at 1.43-1.47 on the 4hr TF taking us all the way back to the 200-day ema on the daily TF.
