USDT.D (Full Chart Analysis-Long-Term)Hello Friends.
How are you? Hope you always be happy and successful
Today I want to talk about USDT.D
in another words, I want to talk about the dominance of Tether.
the situation is complicated.
I want to check this item based on Ichimoku, channel line, and classic pattern. so, let's go into details.
based on Ichimoku, the future cloud is getting green(positive)
Tenkensen is above Kijunsen and it's a sign to prove us the chart is bullish.
based on the Classic pattern, we have an Ascending Triangle. As you know it's a continuation pattern. and I expect this trend to continue.
if dominance succeeds in breaking 8.21% and then 8.51%, the next target will be 9.45%.
that's a border of a huge dropping in altcoins.
if dominance is able to stabilize above 9.45%, everything will be changed and the main target of this movement will be 15%
it means that you will see a lower low in all markets.
And you should expect it to drop more than you think.
it's my favorite theory. I think it will happen soon.
let me check based on the channel line in the weekly time frame.
As you can see, we are moving in an ascending channel.
we had three hits at the top of the channel and four hits at the bottom of the channel.
it means that this channel is validated.
at this time we are moving around the midline. This move to the top of the channel is expected to be around 15%.
If these three conditions occur, everything will be changed. and you can buy for example Bitcoin for around 9800-11500 USD for the first level. and maybe cheaper.
sounds great.
who doesn't like it?
🙏🙏 Please don’t forget to like 👍, follow ✌️, and share 👌 this analysis with your friends. Thank you so much for your attention and participation 🙏🙏
Sincerely Yours
Ho3ein.mnD
Moon
To Uranus after the Moon (Bitcoin Chart-Art)Venturing through the labyrinthine tapestry of blockchain architecture with a symphony of algorithmic dexterity, our lunar conquest effortlessly transitioned into a transcendental odyssey to Uranus
(Bitcoin Chart-Art)
NATURAL GAS 25% GAINS IMMINENTNATGAS is lining up to break out of this bullish consolidation structure/ bull flag and reaching its next resistance zone around 3.4-3.5.
This resistance also coincides with the measured move of this bull flag.
Upon entering on the breakout my SL would be below the previous lows giving a 2-1 RR.
CFX, hot shill for breakout comming soon BINANCE:CFXUSDT
CFX's trying to breakout on daily timeframe.
Price is closed above the Tenkansen, cloud kumo is fading out.
We can try to setup a LONG position here. And it will hit: 0.15 -> 0.175 -> 0.24 in the midterm.
Do your own risk management.
Follow me for more chart analysis.
Patience is the key to success.
DYOR
BLZ, consolidating for next pump! BYBIT:BLZUSDT.P
On 4h timeframe, BLZ is consolidating in a rectangle, it's currently on its Kumo cloud (act as a support).
We can try to setup a LONG position here to catch the bounce.
This setup is a bit risky , handle your own risk management. I will by some when it retests 0.178 - 0.180 zone.
Dont forget to checkout my view on BLZ's weekly view., it's very bullish cause its major trendline on weekly timeframe already broke.
Enjoy! Moon it!
Do your own risk management.
Follow me for more chart analysis. Dont forget to check out my X and other charts.
Patience is the key to success.
DYOR
TSLA is approaching a massive support trendtitle says most of it. Support trend is marked in green, and there is a high probability it bounces.
Two rejection trends are marked in red, they are weak enough that the support trend should hold.
Wait for the really small rejection trend to confirm, maybe around 236.63?? (this is my marked price, subject to change).
I would feel quite confident buying on this support trend for a nice bounce to the rejection trend, which oddly enough lines up nicely with the orange zone (current rejection area).
Lines are marked, Expect these to be zones (+/- to the next zone) where price action settles before another movement. (these are subject to change, but good to note)
Follow the trend.
GRT still looking bullish - Moon pending?GRT broke below our initial stoploss. If you followed the updates posted on the trade you would've seen that we did NOT in fact EXIT the trade at the SL and WE ARE STILL IN LONG. I've adjusted the SL since this and will update further.
The breakdown was weak and the 11c level has been tested three times since. We broke the downward trend line and have since confirmed it and looking to break the 11c mark. Once we do this we can look to be bullish for higher targets.
📊#FLM starts again, can it go to the moon again?🌕👀By observation we can see that FLM has been running in this mode for more than a year. This is a coin heavily manipulated by whales, which speaks to its high popularity.
🧠This time the RSI has appeared an unprecedented overbought state and broke through the wedge pattern, so I think the performance this time should be better.
Do you choose A to go to the moon or choose to adjust and fall back to B ?
BTC Fundamentals and Long Term predictionsI'm horrible at technical analysis but the fundamentals of bitcoin are something I'm very familiar with.
Like rats on a Caribbean Island Bitcoin will experience a hyperbolic s-curve that levels off once it:
1 reaches global forex market saturation (1-10%)
2 approaches 21M limit
Along the way global economic events will create massive bubbles as collapsing economies convert fiat into cryto (presumably BTC).
As the average price of BTC gets higher, and the collapsing economy's size get biggers, FOMO will make theses bubbles bigger and bigger as well (Red triangles). This is good news though, more opportunity for profit ;D
When the S-curve starts to level off we might see something like this elenastreuding.files.wordpress.com
or this
www.google.com
Its gonna be a wild ride to the top and I hope everyone makes some good money; don't forget to take profit!
-Goonch
Further Reading: medium.com
PS - I'm mostly ignoring the first major bubble because of MTGOX shenanigans
Gold - The Tea Leaves Say: More Downside On Deck3.5% is a lot in gold, and that's about the range of the total landslide we've been through the entirety of August so far.
It's the kind of pattern where goldbugs and USD collapse narrative nerds go long and go long or hodl and hodl but the price never goes up.
In my last call on gold from the beginning of July, I warned that $2,000 was a death trap. That call was pretty successful, coming just a few dollars shy of the target, abeit it was because the next month's futures contract settled some 2% higher.
Gold - $2,000 Is a Death Trap
And with the index markets at large, I caution that Nasdaq not breaking 15,000 is actually a real bull trap
QQQ - Is It Rally Time? Or Are You Too Early?
With gold, geopolitical risks are heightened because Xi Jinping and the Chinese Communist Party he has yet to throw away bought a lot of gold, and at relatively high prices, according to media reports at least.
And thus, because of this, a form of subtle on-the-low economic sanctions against Xi and/or the CCP can be to devalue the price of gold, which puts the central bank in a bind.
And this is a real problem for China right now with all the other economic catastrophes that land one after another, and the flooding, and the instability, and the posturing of the International Rules Based Order about war/invasion via Taiwan.
The CCP won't invade Taiwan. But China might get invaded by the IRBO via Taiwan.
You might not believe it. But give it some sober thought. Tacticians are tacticians for a reason. Hitting from the shadows and blind spots is a real useful thing.
But for Xi, he can always weaponize the 24-year persecution against Falun Dafa that was launched on July 20, 1999 by former Chairman Jiang Zemin against the entire world.
Because the whole world has been going to Shanghai to train under the Jiang faction for economic and social benefits. Which means a lot of closet skeletons. Which means a lot of data dumps can serve as weapons delivered to international media in the future.
Anyways, here's the call, friends.
Gold is obviously going down and will go down farther. It really looks like it's seeking at least the short term lows, which means $1,900 is longzo-gonzo.
And so on a dump from where we're at at time of posting to, say $1,850, you're getting 5% on a very safe short.
You can short the hole.
And 5% is a lot of money on gold.
Probably only at $1,850 can we look for reversal longs towards new all time highs.
But with how lethargic gold has been, we may very well just have seen the top on the re-run to $2,080.
VGX: INTERESTING TECHINCAL VIEWVGX showing since last week an interesting technical view which is now building a trend. There is a good chance that VGX can build further the trend.
A resistents target of $0,38 is an interesting target that this coin with time can gain.
WORLDCOIN BREAKOUT! WLDUSDTHi everyone hope your day is going well.
Today i would lik to share my analysis on WLDUSDT.
As we can see in the chart above the price action has created a
pennant formation.
Breakout level i would lik to see WLDUSDT get above $2.45 and close a
4hr candle above that level. We are reaching the apex of this pennant. Generally
this type of a pennant would break to the downside but being that this is openai aka chatgpt's
coin the narrative is that this coin will likely skyrocket well above $5 in the next month or 2.
The coin is currently ranked 131 on coinmarketcap and i see this becoming a top 25 coin in the
next few months.
in the short term where is it headed?
In short term i think we could see a potential run up to $3.17 that is where i have my take
profit set.
Thanks, LIKE and FOLLOW for more content! LiquidMEX
What will you tell your kids-- i remember this one time?I don't know how to explain this to you in more technicaler terms. But do you see that?
Its right there. If you cant see that I feel sorry for you. If you cant see it, i guess you'll just never know.
Knowing the government is going to use it for Fednow payments, it makes no sense to not even gamble on this coin. The governments are what rule how the country is operated and they have been trying to find a way into the crypto game for a while by causing violent waves within the market just because they want to. Now that they have their own token to back themselves, yes its possible to see a pullback but what's even more possible is to see a bull run.
good luck and have fun with it, see you on the true adoption of crypto into the world.
Ethereum (ETH) Corrects After Reaching Yearly High – Will $1,800Ethereum (ETH) has experienced a corrective phase following its new yearly high on July 14.
While the price action confirms the correction, the wave count suggests that ETH will likely bottom soon, paving the way for it to resume the previous upward trend.
Daily RSI Bearish Signal
The daily Relative Strength Index (RSI) is bearish, corroborating the Ethereum price drop. The RSI is a key indicator used by traders to assess market conditions. An RSI above 50 and trending upward indicates a positive sentiment for bullish investors, while a value below 50 suggests the opposite.
At present, the RSI is falling and below 50, signifying a bearish trend.
ETH Price Prediction: How Long Will the Correction Last?
Based on the Elliott Wave count, Ethereum's price has completed a five-wave increase and is currently in an A-B-C corrective structure. This indicates that the price is currently in the C wave, which will ultimately conclude the correction. The Elliott Wave theory helps analysts understand the trend's direction by studying recurring long-term price patterns and investor psychology.
Applying a 1:1.61 ratio to waves A:C suggests a potential low near $1,780, which aligns with the 0.618 Fibonacci retracement support level. According to the Fibonacci retracement theory, after a significant price change in one direction, the price is expected to partially return to a previous level before continuing in the same direction.
Considering this confluence, it is likely that Ethereum's price correction will find support around the $1,780 level before resuming its upward movement toward $2,000.
Looking Ahead: Despite the optimistic long-term ETH price prediction, a decline below the June 10 low of $1,648 would indicate that the current decrease is not merely a correction but rather a continuation of the bearish trend. In such a scenario, the price could potentially fall to $1,450.