PENGU Token Price Soars 41% Amid Bithumb ListingThe Pudgy Penguins ( CSECY:PENGU ) token has captured the crypto market’s attention, surging 41% in the last 24 hours following its listing on the major South Korean exchange, Bithumb. This strategic development is expected to propel the token's adoption within the Korean market and beyond. But can the rally continue? Let’s dive into the technical and fundamental aspects shaping CSECY:PENGU 's price trajectory.
Bithumb Listing Sparks Market Excitement
On December 24, Bithumb announced the addition of CSECY:PENGU to its KRW market, setting a base price of 43.89 KRW. This announcement caused an immediate 23% spike in the token’s price, highlighting the significance of the listing. With deposits and withdrawals exclusively supported through Solana's blockchain and Bithumb-approved exchanges, the platform ensures secure and seamless trading for users.
The listing aligns with CSECY:PENGU ’s growing popularity, particularly in South Korea, a nation known for its active and influential crypto market. As one of the top exchanges in the region, Bithumb’s support positions CSECY:PENGU for increased visibility and trading activity, contributing to its bullish momentum.
Market Metrics and Community Support
The CSECY:PENGU token has consistently gained traction due to its vibrant community and strategic partnerships. With a market cap of $2.32 billion and a 24-hour trading volume of $1.21 billion, the token demonstrates strong investor confidence. Furthermore, CSECY:PENGU ’s Futures market activity reflects heightened interest, with $687 million in trading volume and $115 million in Open Interest.
Binance’s previous endorsement of CSECY:PENGU further cements its credibility and appeal within the crypto ecosystem. Since its launch, CSECY:PENGU has surged over 700%, fueled by airdrop distributions and strategic exchange listings.
Technical Analysis
As of now, CSECY:PENGU is trading at $0.037, reflecting a 23% daily increase. The token is moving within a bullish flag pattern, a technical setup that typically signals the continuation of an upward trend. However, caution is warranted as the RSI at 80 indicates overbought conditions.
In the event of a price correction, the 38.2% Fibonacci retracement level may act as immediate support. On the flip side, a breakout could push CSECY:PENGU towards its recent all-time high of $0.057, providing an attractive target for bullish traders.
Future Outlook: Will the Rally Sustain?
The Bithumb listing is a significant milestone for CSECY:PENGU , but sustaining the rally depends on broader market conditions and continued adoption. With the crypto community’s support and growing institutional interest, CSECY:PENGU is well-positioned for further growth.
However, traders should monitor key technical indicators and macroeconomic factors, including the overall crypto market sentiment, to navigate potential price fluctuations.
Conclusion
CSECY:PENGU ’s recent price surge reflects the token’s increasing popularity and strategic milestones. While the bullish momentum remains intact, market participants should stay vigilant for potential corrections. With strong fundamentals and promising technical patterns, CSECY:PENGU is a token to watch in the coming weeks.
SOL
GALA: Channel Breakout to Golden Zone - 40% Upside TargetHere's a professional TradingView analysis for GALA/USDT:
Technical Analysis:
Key Levels:
🎯 Entry: 0.035 USDT
🎯 Target (TP): 0.050 USDT (+40%)
📊 Current Price: 0.035 USDT
📈 Volume: 90.38M
Pattern Structure:
• Trading within descending channel
• Double resistance confluence at target zone
• Channel breakout setup forming
Trade Setup:
1. Entry Setup:
- Entry at 0.0356
- Clear channel breakout formation
- Volume accumulation phase
2. Target Analysis:
- Primary target: 0.05
- Confluence with major resistance
- Potential 40% return from entry
3. Key Technical Factors:
- Descending channel boundaries clearly defined
- Wave pattern projecting upward movement
- Multiple timeframe confluence (4H chart)
Risk Management:
• Set stops below recent lows
• Risk:Reward ratio approximately 1:4
• Consider scaling in at entry zone
Timeframe:
• Chart: 4H BINANCE
• Target Timeline: Early January 2025
Note: This is technical analysis only. Always manage risk appropriately and DYOR.
#GALA #USDT #Crypto #TechnicalAnalysis #Trading
BITCOIN in a LIVERMORE FunnelThe accumulation and distribution volume matches the positive and negative money flows of the first 5 waves in a Jesse Livermore stock cylinder.
Will wave 6 see a rush of positive money flow into #Bitcoin into the end of the year?
Let's see
If it does
then that will further cement this pattern of accumulation , sideways movement then breakout with continuation of buying power into the Bull market top.
Let's observe this in real time shall we?
Should be a fun few months ahead of us after a long period of churn.
S/O to @arvine11 for bringing up the Livermore stock trend analysis.
PENGU is a chosen one.PENGU energizes the Pudgy Penguins community by promoting teamwork, encouraging active involvement, and backing creative projects within the ecosystem. It enhances liquidity and streamlines transactions, ensuring the project remains competitive in the bustling blockchain arena.
Conclusion
The introduction of PENGU on Solana represents a pivotal moment for Pudgy Penguins, showcasing its dedication to expansion and innovation. This token acts as a connector between the project and its community, nurturing stronger connections and paving the way for a thriving ecosystem.
SOLANA Bull Flag (UPDATE)The solana token move-UP has begun , I published a previous idea where I spotted the bull flag earlier, while building up.
Previous idea here below, if you missed it.
A near resistance level has just been broken to confirm that CRYPTOCAP:SOL is ready to push up on a parabolic run, despite bitcoin dumping. I am holding from GP price level. My hopeful target is $300 - $500 .
CRYPTOCAP:SOL is expected to go back to previous high price. More update to follow as we go along
Merry Christmas TRADENATION:SOLANA 🎄🎅
Comment if you agree. Like if you disagree
DNX/USDT: Bottom Formation with 3-Wave 111% ExpansionHere's a professional TradingView analysis for Dynex/USDT:
DYNEX/USDT Analysis - Potential 111% Growth Setup
Pattern Setup:
• Bottom formation confirmed at 0.215
• Triple target structure identified
• 4H timeframe showing reversal signals
Key Price Levels:
🎯 Entry Zone: 0.2150-0.2200
🎯 TP1: 0.3250 (+50%)
🎯 TP2: 0.4000 (+80%)
🎯 TP3: 0.4750 (+100%)
🛑 Stop Loss: Below 0.2000 (-8%)
Wave Structure:
1. First impulse targeting 0.32 zone
2. Second wave aiming for 0.40 resistance
3. Final wave projection to 0.47 area
Volume Analysis:
• Declining volume in downtrend
• Potential accumulation phase beginning
• Watch for volume confirmation on breakout
Risk Management:
• R:R Ratio for TP1: 1:6.25
• R:R Ratio for TP2: 1:9.5
• R:R Ratio for TP3: 1:13.9
Key Invalidation Points:
• Break below 0.20 invalidates setup
• Weekly close below entry zone cancels pattern
• Failure to break TP1 requires position review
Trade Management:
1. Scale in: 0.21-0.22 zone
2. Move stop loss to break even after TP1
3. Trail stops for remaining position
4. Take partial profits at each TP
Timeframe:
Position duration expected 4-6 weeks into early 2025
Note: This forecast based on technical analysis. Always manage risk appropriately and DYOR.
#Crypto #DYNEX #USDT #TechnicalAnalysis #Trading
Sol Extremely Bullish FractalHi
Please click like
So this is as fractal from previous bull run in 2021, and used the same fibonacci targets for this bull run.
The chart here is SOLBTC, so if peak on this chart is 0.01BTC and BTC today is 100K =
SOL 1k.
If BTC peak is 200K -> Sol is 2K... etc.
----
This is a dreamy target, but it is in my opinion important to have some extreme targets.
I have been in crypto for 7 years, and havent we all seen extreme things happen ?
Perhaps this could be possible with SOL "eth killing" and taking the coin nr 2 place ?
Watch below some other SOL vs ETH ideas. It looks.. possible..
Or ? What do you think ?
Fartcoin ($FART): The Meme Coin Shaking the Crypto WorldIn a world of serious financial protocols and innovative blockchain technologies, Fartcoin ($FART) has emerged as a lighthearted yet lucrative contender in the cryptocurrency space. From its humble beginnings rooted in fart jokes to its current billion-dollar market cap, this Solana-based meme coin is making waves in the market. Let’s explore the fundamental and technical aspects driving its success.
A Billion-Dollar Market Cap Without Major Listings
Fartcoin ($FART) recently hit a market cap of $1.09 billion, a remarkable achievement considering it has yet to secure listings on major exchanges like Binance or Coinbase. The token’s popularity is largely driven by its unique "Gas Fee" system, where every transaction triggers a digital fart sound, and its ability to gamify the initial token distribution through user-submitted fart jokes and memes.
Trading Activity and Market Sentiment
The daily trading volume of $FART stands at $221.6 million, with Bitget leading the charge as the most active trading platform. The FART/USDT pair on Bitget alone has recorded a 24-hour trading volume of $21.9 million, showcasing significant liquidity and user interest. Despite a slight dip of 3.9% in trading activity, the token remains resilient in an otherwise bearish crypto market.
Performance Metrics
- All-Time High (ATH): $1.29 (December 20, 2024)
- Current Price: $1.09, reflecting a 15.1% dip from its ATH.
- All-Time Low (ATL): $0.02003 (October 30, 2024), marking a staggering 5,380.04% increase to its current price.
Fartcoin’s meteoric rise highlights its ability to outperform both the global crypto market (down 8.7%) and the meme coin sector (down 15.3%) in the last week, with a 19% price surge.
Circulating Supply and FDV
The circulating supply of 1 billion $FART tokens contributes to its fully diluted valuation (FDV) of $1.09 billion. With its emission schedule fully realized, the token has cemented its position as a leading meme coin.
Technical Analysis
As of now, $FART is trading 29.7% higher, demonstrating robust bullish momentum. The token is forming a bullish pattern that could pave the way for sustained upward movement.
Key Support and Resistance Levels
- Support: Immediate support is found at the 38.2% Fibonacci retracement level, which presents a strong buy zone for investors.
- Resistance: The token’s recent high of $1.29 serves as a key resistance level, and breaking past this point could open the doors to even greater heights.
Potential Long-Term Growth
Given its strong community backing and unique appeal, Fartcoin is poised for a potential rally to $3 in the long term. Its current trajectory suggests that investors could witness significant gains as the meme coin sector regains traction.
What’s Next for Fartcoin?
Fartcoin’s rise underscores the power of community-driven projects in the crypto space. With its playful branding, unique tokenomics, and strong market performance, $FART has positioned itself as more than just a joke—it’s a serious contender in the meme coin arena.
As the token awaits listings on major exchanges, its accessibility and adoption are likely to increase, further solidifying its position in the market. For now, investors are watching closely to see if $FART can maintain its bullish momentum and hit new all-time highs.
Conclusion
Fartcoin’s journey from meme to market leader showcases the evolving dynamics of the crypto space. Whether it’s the playful appeal of its "Gas Fee" system or its robust trading activity, $FART has proven that even the most unconventional ideas can find success in the world of blockchain. With strong fundamentals and a bullish technical outlook, Fartcoin might just be the breath of fresh air—or gas—that the meme coin market needs.
AUCTION/USDT: Major Trendline Break +90% Upside TargetAUCTION/USDT BREAKOUT TRADE
SETUP
• Major trendline break: $22.54
• Volume spike: 1.4M
• 8-month downtrend reversal
TARGETS
TP1: $33.01 (+46.45%)
TP2: $43.19 (+91.61%)
EXECUTION
Entry: $22.54
SL: Below recent swing low
Scale: 50/50 at TPs
BIAS: BULLISH
✓ Trendline break
✓ Volume confirmation
✓ Higher lows structure
✓ S/R flip zone: $22-28
RISK/REWARD
R1: 1:2.8 (TP1)
R2: 1:4.1 (TP2)
KEY LEVEL: $28.00
Previous resistance becomes support
⚠️ DISCLAIMER
• Not financial advice
• Past performance ≠ future results
• Markets are high risk
• Only trade what you can afford to lose
• DYOR - Do Your Own Research
• Author may hold position in AUCTION
$GNON Set for Bullish Breakout as Cup and Handle Pattern EmergesNumogram ($GNON), a Solana-based memecoin, has captured significant attention in the crypto market with its recent price movements and unique utility. Despite undergoing a steep 47% correction over the past two days, $GNON’s technical and fundamental indicators suggest a potential trend reversal, placing it in the spotlight of crypto enthusiasts.
Technical Analysis
The daily price chart of $GNON reveals the formation of a classic cup and handle pattern. This technical indicator often signals the end of a consolidation phase and the onset of a bullish trend reversal. Currently, the handle—a critical component of this pattern—is nearing completion. The latest candlestick shows a bearish closure with a short, thin wick close to the baseline of the handle. This suggests that the downward momentum is waning.
A breakout above the handle’s resistance level would confirm the cup and handle pattern, setting the stage for a potential price surge. Traders should watch for a significant increase in trading volume accompanying the breakout, which would validate the bullish trend.
$GNON’s Unique Value Proposition
$GNON’s ecosystem, powered by Solana’s blockchain and Matrix.org’s federation protocol, offers a decentralized infrastructure for agent-to-agent communication and interaction analysis. Through its innovative Echochambers system, $GNON enables:
- Real-time Behavior Tracking: Facilitating unfiltered communication between AI models.
- Dynamic Agent Collaboration: Allowing researchers to study multi-agent dynamics and emergent communication strategies.
- Advanced Security Protocols: Ensuring safe and transparent interaction environments.
These features make $GNON a unique player in the memecoin market, blending blockchain technology with advanced AI research applications.
Market Activity and Performance Metrics
- Daily Trading Volume: $10,350,889, representing a 40.70% decrease from the previous day, highlighting reduced market activity.
- All-Time High (ATH): $0.1818 (October 20, 2024). Current price is 81.21% lower.
- All-Time Low (ATL): $0.003355 (October 30, 2024). Current price is 918.09% higher.
- Market Cap: $34,125,630
Despite the recent market-wide retracement, $GNON has outperformed the global cryptocurrency market (down 11%) and its memecoin peers (down 18.20%), with a 52.30% price increase over the past week.
Broader Market Context
The crypto market has faced significant volatility, with CRYPTOCAP:BTC dipping to $93k and CRYPTOCAP:ETH dropping from EUROTLX:4K to nearly $3k. However, TSX:FTT ’s strong performance—bolstered by speculation around the release of FTX founder Sam Bankman-Fried—demonstrates the impact of news-driven catalysts. $GNON’s resilience amid this landscape further underscores its potential.
Where to Trade $GNON
$GNON tokens are available on multiple platforms, with the most active trading pair (GNON/SOL) on Raydium, which reported a 24-hour trading volume of $6,069,832. Other popular exchanges include LBank and MEXC, offering ample liquidity for traders.
Conclusion
With a compelling mix of technical indicators and robust fundamentals, $GNON is positioned for a potential breakout. The completion of the cup and handle pattern could signal a strong bullish trend, making it a promising prospect for traders and investors. Coupled with its innovative platform and recent market outperformance, $GNON exemplifies the potential for memecoins to evolve beyond their initial hype into valuable assets within the blockchain ecosystem.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your research before making investment decisions.
The last bullish chance of SOLANA !!The price has broken the cup and handle pattern and has also completed its pullback. Now is the time for the price to rise.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Weekend Crypto Pulse: $BTC at $95,415 & $ETH Leading DeFi – Top Good morning, champions! ☀️
While traditional markets take a breather, crypto keeps the grind alive. 🕒
CRYPTOCAP:BTC holds strong at $95,415, still defying gravity,
and CRYPTOCAP:ETH sits at $3,527, the DeFi heartbeat going strong.
Weekend movers:
📈 CRYPTOCAP:AVAX up 4.5%, turning heads in the Layer-1 race.
📈 CRYPTOCAP:SOL climbing 3.2%, showing resilience in its recovery arc.
Take a moment today: plan, prep, sip that coffee. 🛠️ Balance your charts with a bit of mindfulness—crypto’s a marathon, not a sprint.
What’s your strategy for today’s market movers? Any hidden gems on your radar? Let’s share some insights. 💡
SOL - Targeting $300...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈SOL has been bullish from a macro perspective, trading within the rising channel in blue.
Currently, SOL is in a correction phase approaching the lower bound of the channel.
Moreover, the $160 zone marked in green is a strong demand!
📚 As per my trading style:
As #SOL approaches the green demand zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) and target the $300 round number for the next bullish phase.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$SOL Short-Term Pain Ahead CRYPTOCAP:SOL price broke to the downside of the 50D SMA
Bearish Crossing from the 20D MA ahead.
Needs to hold critical support at $190 / .786 Fib
Another bearish day could dump CRYPTOCAP:SOL to $175 / .618 , and if that doesn’t hold the move should finish at $165 / 50% level.
RSI shows more downside for confluence.
The Bitcoin Peak: When Will the Cycle End?Been a while since I published a TA. I’ve been digging deep trying to decipher when the cycle top will come in for Bitcoin. Some say it’s an impossible feat. Well, let’s give it a go.
There are two major dates and one minor date for a possible cycle top:
May 2025
**Volume Flow**: 1157 Days
**From June Bottom**: 1064 days
**ETH clear bottom**: June 2022
**Bar Pattern Fractal**: From 2015 bottom
**221k Price Target**: Target crosses with the model in May.
September 2025
**From November Bottom**: 1064 days
**Major Macro Time Fibonacci**
**Chainlink Fractal**
**Chainlink Time Fib**
March 2025
**Small Time Fibonacci**
**Bull Flag End**
**Average % move and time since 2019**
As you can see, there is a lot of evidence to unpack here, so it’s going to be a long one. Let’s start with the first date: May 2025.
---
May 2025
Volume Flow on Heikin Candles on the Monthly shows that from the Bearish cross to the cycle top is 1126 days, which ends up being May.
Every cycle, Bitcoin has always put in a double bottom to mark its cycle low. As you can see, in 2022 we had two major crashes, and even though it’s not 100% clear here, we got a double bottom.
The amazing thing about the first bottom in June 2022 is that it mirrored the first bottom of the cycle low of 2015. That fractal was a mirror, showing the importance of this first low in Bitcoin in June 2022.
If we overlay the 2015 fractal, we get the top coming in May.
For anyone who doesn’t know, the last two cycles, Bitcoin has taken 1064 days from Cycle Low to Cycle Top. 1064 days from the June 2022 low is May.
ETH has a much clearer bottom than Bitcoin this cycle. It also took 1064 days, which puts it in May.
So you can see, there is a lot of evidence pointing towards a May 2025 Cycle Top for Bitcoin.
---
September/October 2025
1064 days from the second bottom in November 2022 would be October 2025.
For years, I have been using this Major Macro Time Fibonacci sequence that shows me important moments in Bitcoin’s cycles. The last pointed to a move down to 48k in August 2023, which is hard to see on the 2Week chart.
As you can see, it comes close to pinpointing moves, so the next date is the end of September 2025, which lines up with the 1064 days from November 2022.
I have been following this Chainlink fractal for more than a year. We traded LINK using this fractal back in October 2023. You can check my TAs from that period. The fractal is still valid and tops in September 2025.
Chainlink Fibonacci Time Sequence has been hitting home runs time and time again, from pinpointing the top all the way down to the bottom. The next date is late August 2025, very close to September 2025.
---
March 2025
This date has far less weight for a cycle top but could be part of a major local top and correction.
A small Time Fibonacci sequence taken from this level shows that March 31st is the next date, and the one after that is late August 2025, the same as the Chainlink fractal.
240% over 162 days is the average that Bitcoin moves up since 2019. If we just overlay the average, we get 127k by mid-February 2025.
A mirror move from October 2023 to March 2024 puts us in March 2025.
---
Elliott Wave Section
I’m not an expert in this field but will throw in some takes.
Could we possibly be in Wave 4 out of 5?
Or could we be finishing Wave 3 right now and in for the first large correction of this bull market?
The fact is, the last time we hit this band on this model was January 2021. After that, there was a 31% correction lasting 31 days.
Sometimes 5 waves are very clear. Take GOLD, for example: there is a clear 5-wave pattern at max Fibonacci extension. This is a massive macro sell signal, in my opinion. Crazy how GOLD hit this level on Wave 5 as Bitcoin breaks 100k.
---
### **Price Targets
If we take the first cycle and overlay to 2015 cycle, it gave us the cycle top in 2021.
If we do the same for this cycle and overlay the 2015 cycle, we get a price target of 221k, which puts it at the top of my model in May 2025. Just discovered this—that’s one more point for May 2025.
As you can see, in the last two cycles it worked. Will it work this time? Who knows.
---
Pi Cycle Indicator
If we just run a rough projection on when the next cross will be, it crosses in April 2025, very close to May. Keep in mind this is a very rough idea of when it could cross.
---
Conclusion
We have 5 points in favor of May 2025, 4 points in favor of September 2025, and 2 points for March 2025. As always, the path is never clear for Bitcoin. Until we get much further down the road, I won’t conclusively know which date it will be.
This model I have been using has been so accurate thus far. We are so high up the last bands that we are most likely going to get some sort of long consolidation period with a correction soon, which would give the altcoin market a run.
SOLANA Are you ready for $385?Solana / SOLUSD has been underperforming since the November 22nd High, breaking even under the 1day MA50.
Even though this is not ideal (especially compared to the gains that Bitcoin shows), it isn't a situation that SOL hasn't faced before.
As you see it is repeating the post Channel Down correction of July-August 2023, which also crossed under the 1day MA50 but then recovered and rebounded to the 2.0 Fibonacci extension and beyond.
Buy and target $385.
Previous chart:
Follow us, like the idea and leave a comment below!!
SOL | ALTCOINS | Does Solana Have One More Push?Solana has barely just made a new ATH, and it's likely at the end of the correction after trading red for 3 weeks consecutively.
It's likely that once ETH has made a new ATH, Solana will be soon to follow. More on that topic here:
___________________
BINANCE:SOLUSDT
3 Altcoins Approaching The Lower Bound!Since you enjoyed my previous post about 3 Altcoins Rejecting the $5 mark!
Here's an interesting one about altcoins retesting the lower bound of the wedge pattern:
BINANCE:PYTHUSDT
PYTH has been in a correction phase and currently approaching the lower bound of its rising wedge pattern marked in blue. As long as the green structure holds, I will be looking for trend-following longs on lower timeframes.
KUCOIN:GLQUSDT
GLQ has been in a correction phase and currently approaching the lower bound of its rising wedge pattern marked in blue. As long as the green structure holds, I will be looking for trend-following longs on lower timeframes.
COINEX:AEROUSDT
AERO has been in a correction phase and currently approaching the lower bound of its rising wedge pattern marked in blue. As long as the green structure holds, I will be looking for trend-following longs on lower timeframes.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich