🔥Bitcoin is Going to Make It: Will 2020 vs 2023 Pattern Repeat❓Bitcoin draws the similar to 2020 pattern. What is this pattern?
1. Dump from the highs by -15-20%
2. Creating the High(H)-Low(L)-Higher Low (HL)-Lower High(LH)-HL-LH structure or a simple triangle before the breakout.
3. Psychological pressure on retail or FUD:
2020: Dump of Bitcoin below $3k
2023: Binance and ETF FUD
The small diference is the Lower lows (LL) in 2023 (now) and Higher lows in 2020. I think this was just the manipulation by the "whales" to trap the retailers and collect more liquidity.
It's clear that ETF will be aproved when no one expect it. I think that the targets for BTC will not be higher then $34-40k. Altcoins will pump by 3-10x depeneds on your portfolio. Such major news (aplies of ETF etc.) always finish the growth of Bitcoin.
$34-40k will be a local highs before the -40-50% pullback and continuation of the parabolic growth during the 2024.
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🔥Bitcoin and Altseason: Do You Still Have Chance To Buy Crypto❓🔥Bitcoin is growing from $17,000 to $44,000 in less then a year. I bought it there and still hold it with other the most promissing altcoins.
I explained my thoughts about crypto and the upcoming opportunities in the NEW video. Enjoy watching!
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SasanSeifi 💁♂ SHIB / USDT DAILY Hey there! In the daily timeframe, as you can see, the price has been accompanied by buying demand from the 0.00000670 range. With the break of the 0.00000733 resistance, it managed to move into the supply zone. Currently, after the growth from the supply zone, it has encountered negative reactions and is trading in the price range of 0.00000770, indicating a range-bound movement.
A potential scenario to consider in the daily timeframe is as follows: If, after the consolidation, the price can break above the significant resistance range of 0.00000800 and consolidate, there's a possibility of further growth towards the specified targets, as shown in the image. The important support ranges are at 0.00000740.
Alternatively, if the price falls below the support range and consolidates, there's a possibility of a price correction to the support zone at 0.00000670. The potential trend is also depicted in the image above.
As always, it's essential to conduct your analysis and consider additional factors before making any trading decisions. Good luck! If you found this analysis helpful, please show your support by liking and commenting. Thank you! 🚀😊
❌ (DYOR)
⭕Of course, if you have any more inquiries or require further clarification, don't hesitate to reach out. I'm here to assist you!✌
Shiba Inu (SHIB) Failing to Reach New Highs
In comparison to other altcoins, SHIB has shown a less pronounced upward trend. Since October 15, the asset has gained 40%, but its chart is marked by frequent corrective movements, preventing SHIB from reaching new highs.
Currently, the asset is trading within a consolidation range, trapped between a support zone of $0.0000085-$0.0000088 and a resistance zone of $0.00000923-$0.00000964. Should the upward trend persist, SHIB could potentially reach local highs at $0.00000981 and even $0.00001. To attain its 2023 high, the asset needs to increase by an additional 75%, leaving room for considerable growth.
Any corrective patterns in BTC could similarly impact SHIB. In this case, the memecoin might drop below its present support zone, potentially testing levels of $0.00000830 and $0.00000772-$0.00000805. Similar to the situation with DOGE, using limit orders for SHIB currently poses a significant risk.
🔥RNDR Is Repeating This Pattern: +230% Profit Soon❓Render price is flowing smoothly and updates the lows which forces the long traders to close their trades.
We saw this pattern a few months ago before a pump: wedge breakout and dump of the price.
The closest target is $2.91-3.3.
BTW Me and Altcoin Gems members bought Render at $0.61 and sold 50% at $2-2.5. I think that this altcoin have enough potential to continue to grow to the new ATH and make x5-10 at the upcoming bull market.
RNDR is one of the most promising AI altcoins.
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🔥CTSI Is At The Bottom...STILL: TOP ALTCOIN ON BINANCE🚀Cartesi broke the massive 2-years triangle and ready to blow up. The test of the triangle as the support only confirms it.
The targets are on chart. It can take few months but it worth it🚀
💥 Check my other trading plans where altcoins haven't shown such rapid growth as well.
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🔥LINK Is One Of The Strongest Altcoin: Bullish Signal Appear❓The price doesn't reach the low of the channel. As for me, the big orders are supporting the Chainlink price.
I left for you 2 entry point:
1. the bottom of the LINK channel if BTC make a pullback to $20-22k
2. test of the top of the channel as the support
The closest target are the top of the channel and $18.3 key level.
💥$3.75B cap is still can grow by 70-200% in 2-4 weeks
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🔥OCEAN is The Strongest AI Altcoin +80-200%Ocean has been consolidating in a large triangle for the last 7 months. Big sellers pressure apears below the triangle. The big guys continue to add this altcoins to it's portfolio.
The closest target for this AI-related altcoin is at $0.58 key level. Also, the target for a bullish flag is at $1.
💥 AI noise is going and it's good, also Bitcoin came to the optimal accumulation price for DCA. Also no one expects the altseason now. Seems like perfect conditions.
Now Ocean made +74% after the triangle breakout. It left not too much to reach the first target.
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SHIB's Market PositionSHIB is currently fluctuating between key supply and demand areas.
At this juncture, it's advisable for traders to hold off on engaging in transactions until SHIB interacts with one of these critical zones.
This strategy is based on the broader, long-term bearish trend indicated by the descending trendline. However, it's important to note that if Shiba breaks through this trendline, there's potential for a shift towards an upward trajectory. This break could signal a change in market dynamics, presenting an opportunity for traders to reassess their positions in anticipation of a possible bullish reversal.
This analysis is for informational purposes only and should not be considered as financial advice.
Shibburn Explodes by 499,416%, Placing SHIB on Verge of BreakoutSHIB dwells around the $0.000008 support area as Shibburn goes parabolic.
Shiba Inu’s official cryptocurrency burning tracker, Shibburn, reported an unforeseen surge in SHIB burning over the last 24 hours. A whopping 264,204,009 SHIB tokens were set ablaze, totaling $2,245 in 13 transactions to dead on-chain wallets. Five hours ago, one Good Samaritan burned 261,408,966 tokens in a single transaction; the SHIB community praised the move on X (Formerly Twitter).
The price roller coaster for Shiba Inu escalates with the canine coin sustaining the $0.000008 key support line for five days in a row. As most altcoins face a slight market correction this Monday afternoon, SHIB picked up 1.3% gains in the last 24 hours and now trades at $0.00000846, according to independent price aggregator CoinGecko.
SHIB Monthly Upswing Bolstered by Shibarium
Besides the burn count, another significant reason for SHIB’s 8.6% monthly increase is Shibarium. The Layer-2 scaling network solution shows high demand for usage in several key metrics: crypto wallet addresses, total transactions, and average block production time.
Currently, Shibarium L2 encompasses over 1.2 million cryptocurrency wallets, while the transaction count recently hit 4,206,686, according to the on-chain signals provided by blockchain explorer ShibariumScan.io.
Shibarium’s average block production time has increased from five seconds to 8.3 seconds, and it currently has 1.83 million on-chain blocks in creation. Notably, this slightly prolonged block production time is concurrent with the increased developer activity on the network
Why This Matters
Cryptocurrency burning is an efficient way of maintaining the coin’s long-term price. Layer-2 blockchains offer builders a wide range of scaling options, while memecoins can expedite this innovation through mass appeal.
SHIB Shiba Inu Price TargetIf you haven`t bought SHIB begore the mega pump here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is SHIB Shiba.
I've set a short-term price target for SHIB Shiba at $0.00000700.
Looking forward to read your opinion about it!
SHIB UPDATE (3D TF)Before anything, pay attention to the time frame
What is clear is that SHIBA is inside the big wave B, which is a diametric wave.
The expectation is that wave G will sweep the lower liquidity pool and reach its Fibo support and then enter the big wave C.
The time frame is big, these waves take time.
SHIB Santa - Taking 2 Zeros OutShiba Inu ( SHIB ) is coming to town.
This Christmas, forget about Santa!
Shiba is what we need.
Another :poop: coin that will take away two zeros.
The patterns are clear. Cryptocurrencies are getting ready for a great '23.
For the record, I'm not a fan of SHIB ( SHIBUSD , SHIBUSDT , SHIBBUSD ).
I am only holding a few millions, like every other HODLer out there.
It has no real purpose, unless it's destiny is to go to Mars.
My next Strong Level: 0.000006 .
BUT! You asked, I deliver .. an analysis on Shiba Inu.
SHIB Technical Analysis:
* Elliott Wave A-B-C Pattern
* Bullish Divergence
* 88.6% Fibonacci Retracement
* Ending Diagonal
* Double Bottom
* Demand Zone
That's it.
Merry Christmas my fellow HODLer!
🔥MINA Is Breaking 1-year Falling WedgeMINA fell by -95% and retailers are so scared. The 1.5 years of falling forced them to think the new traders and investors that dumps will long forever.
But I think that altcoins will reverse as fast as Bitcoin will break and hold $29,200-30,000. This is vitally importatnt for crypto growth.
💥 Now the price is trying to break 1-year falling wedge.
I suppose that MINA will accelerate after the breakout of the wedge and local pullback. The bull support will be confirmed during this pullback.
My firts idea for MINA was hidden, but I told about this even before the breakout of the wedge. My followers knows it.
MINA breaks the key level and consolidates above the first target
For 4 weeks in a row, MINA is in a small trading range after +160% pump. I think the pump will continue as far as BTC reaches $39k. Just wait and protect your profit.
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$SHIB - Up or down? Bias leans up.This chart is a tossup for me. However, I lean bullish here.
To me, it looks like CRYPTOCAP:SHIB has 1 more leg higher to go before turning bearish over the short term.
As you can see on the chart, price has held that bullish trend line. RSI is completely bottomed out on lower timeframes which to me indicates a move higher needs to happen before price can fall lower here.
I lean towards a move higher to that $.00001074 area to mark off a high on the short term.
The bearish scenario would be a break of the trendline and then falling to that lower support area. After that region gets tapped, then I think the higher target will play out.
Let's see what happens.
SHIB Pennant IncomingOn the journey to a complete W pattern at the $0.000015 price tag there will be a few, if not more, periods of consolidation. After a hot run up to the 0.00000970 range, Shiba Inu is beginning to consolidate into what may be a week long, or slightly longer, pennant formation. Buying opportunities may present themselves around the Fib Retracement Levels with a potential bottom near the 38.2% level.
A breakout from the projected pennant could take Shib's value to the 1W (1 week) 38.2% Fib Retracement Level with the 1W 50% level being the next stop if this ceiling is blown through with significant volume. However, more consolidation should be expected in my opinion. As always, a breakdown is also possible which could hemorrhage Shib's value to prior lows.
At the time of this article I am still confident on a pending completion of the W pattern (see my other idea linked at the bottom) but macroeconomic factors can accelerate or derail this formation. Stop-losses should be utilized and traders should be cognizant of any significant changes in the climate of the market.
COINBASE:SHIBUSD
🔥AVAX HODLERS IN 90% LOSS! IS THIS A BIG CHANCE FOR WHALES❓The AVAX holders are in a huge loss since highs, so I think the updating the low at $9.3 will be the last stage of final capitulation where we will have the huge opportunity to add this altcoin in our portfolio.
Huge gree area should become the resistance, but it will become a huge support after the breakout of the price.
This is worth nothing for crypto market to turn $3.5M cap altcoin into $10M cap.
💥 is it worth to add to your watchlist? Yes, definitely.
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shibusdt → look at the breakouthello guys...
as you can see this coin made a wedge at the end of a sharp movement!
so we should look at the edge of this pattern and each side break out we got a position in the same way of breakout!
_______________________________
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SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern, price has now finally also broken above $0.0000080 resistance and 200-day moving average, which confirms a bullish trend reversal to an Uptrend. Upside potential to $0.00001 next. (set a price alert).
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.0000070, then $0.0000055. The nearest Resistance Zone is $0.0000080, which it broke, then $0.0000100, and $0.00001200.
$SHIB Performing Falling wedge in Weekly TF soon Breakout CRYPTOCAP:SHIB Performing Falling wedge in Weekly TF soon Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.