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Alikze »» KLAY | Pullback to dynamic trigger is brokenIn the 1W time, a complex correction and confirmation of the 0.1077 floor broke the dynamic trigger, which, if fixed above, will have the ability to grow to the specified areas. Considering the momentum in the weekly time and the failure of the trigger with a Marabouzo candle, it shows the strength of the buyer to continue the trend, which can experience at least 50% to 150% growth. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
KLong
by alikze
BTC Leads, ETH follows, Altcoins right behind, true?We hear that CRYPTOCAP:BTC runs 1st. Then CRYPTOCAP:ETH follows. Then #altcoins lag showing the biggest gains. Let's see how true that is Early 2021 Chart: 1 Extended #BTC a little bit more on the left to show that there was a run already in progress. 2 #Bitcoin led the rally & it also TOPPED earlier. Took #ETH a little longer to run. It topped later. It also sold off faster than its counterpart. ----------------- CRYPTOCAP:BTC hit a mid April peak CRYPTOCAP:ETH hit a mid May peak ETH fell faster & coincided with BTC on all bottoms, shown in the yellow box. #Ethereum resumed run was bigger, but was in conjunction with #Bitcoin. #BTC made a higher high on this run. However, while the #ETH run was bigger, peaking a month later both times, it made a lower high. ----------------- CRYPTOCAP:ETH bottomed right above 1k in Mid June - July & tested this in Nov. CRYPTOCAP:BTC bottomed at a lower price in November. Both put higher lows in the middle of March. Since then: #ETH has done a 4x! #BTC has done 4.5x & has new ATH! The #Bitcoin performance is pretty much the same but the technical is better. #Ethereum is still under the ATH & resistance is currently stopping. ***So far: The early 2021 run shows CRYPTOCAP:BTC was a clear leader, topped before $ETH. Later in the year, #BTC peaked first BUT did manage to make another high while #ETH did not. During bear market, the clear performer was #ethereum. It managed to bottom first, before BTC. #Bitcoin has similar performance in returns in similar time frames but has been more impressive technically. *** ----------------- CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH #altcoins follow similar trajectory to #ETH in early 2021 but outperformed it by a very good amount. The second half of #altcoinseason wasn't as strong as the first half but still outperformed #ethereum & coincided with patterns again. Smaller caps weakened first showing a loss for risk appetite. ----------------- #Altcoins perform more like CRYPTOCAP:BTC come August 2022. CRYPTOCAP:TOTAL 3 bottomed a month AFTER #BTC. This is shown in the yellow box. Since then, as a whole, smaller caps have severely underperformed #bitcoin & #ethereum by 50%! Granted, those in the right sectors have done well. Sectors like #AI #CryptoGaming & #memecoin. ----------------- CRYPTOCAP:BTC is at an ATH CRYPTOCAP:ETH is 20% away from its previous all time high. CRYPTOCAP:TOTAL 3 = is a whopping 50% from its all time high! *******Conclusion******* Not sure of the narrative being pushed for the last 2 years is correct. At least in reference to #altcoins as a whole. If you're in right sectors, yes, it is great! However, looking at the the data shows that most previous winners are severely lagging. Examples are CRYPTOCAP:BNB CRYPTOCAP:SOL CRYPTOCAP:AVAX BIST:LINK Hope you enjoyed this & get something out of it. (Very hard to show all this data here, Please see our profile for more data)
CME:ETH1!
by ROYAL_OAK_INC
Technicals Flag Bearish as SOL Gets Rejected by ResistanceIn the latest trading activity, the Solana price made a noteworthy attempt to breach the $155 resistance level. However, it encountered firm resistance, resulting in two distinct rejections from this critical threshold. Such a pattern, known as a double-tap rejection at resistance, often signals bearish sentiment, hinting at a potential downturn. Following these unsuccessful attempts to rally, SOL has retraced to find support at $148.98. This level now serves as a pivotal point for the asset; a breach below could precipitate a decline towards the $136.10 support level within the ensuing 48 hours. If the selling pressure persists beyond this point, SOL could see its value diminish further, possibly reaching down to $124.21. This scenario hinges on the ability of the bulls to mount a defense and prevent further losses. Conversely, should Solana manage to secure a 4-hour candle close above the $155 resistance within the next day, it could invalidate the bearish outlook. Such a development would not only signal strength but also potentially lay the groundwork for continued upward momentum in the days that follow. Technical Analysis and Market Sentiment The bearish sentiment is further corroborated by technical indicators on the 4-hour chart, notably the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI). The MACD is teetering on the edge of a bearish crossover, with the MACD line poised to move below the signal line. This event could indicate the beginning of a short-term bearish phase for Solana. Additionally, the RSI showcases a diminishing strength of buyers relative to sellers, as it veers towards its Simple Moving Average (SMA) line. A crossover here is often interpreted as a bearish signal, suggesting that sellers are gaining the upper hand. Trading Strategies: Short and Long Entries and Exits Given this analysis, traders might consider the following strategies: Short Entry: Should SOL break below the current support level of $148.98, it could serve as an entry point for a short position, with an initial target at the next support level of $136.10. Extending the target to $124.21 may be viable if the downward momentum continues. Short Exit: To manage risk, consider setting a stop-loss slightly above the $148.98 level or the entry point to minimize potential losses should the market direction reverse unexpectedly. Long Entry: A bullish scenario would be confirmed by a 4-hour candle closing above the $155 resistance level. Entering a long position following such a breakout could capitalize on the momentum, aiming for an initial profit target at higher resistance levels, potentially around the $165 mark, reflecting recent highs or significant psychological levels. Long Exit: For long positions, setting a stop-loss below the entry point, possibly just under the $155 breakout level, would help protect against sudden downturns. Profit targets should be set according to individual risk tolerance and market analysis, possibly taking partial profits at predetermined levels while letting the remainder of the position ride with a trailing stop to maximize gains. Traders should continuously monitor market conditions, as cryptocurrency markets are highly volatile and can shift rapidly. Adjusting strategies in response to fresh technical or fundamental signals is crucial for successful trading.
Short
by StevenWalgenbach
2
🚧SOL is Bullish now🚧 & many Traders don't see it 👀!!!Hi. COINEX:LTCUSDT 😊Today, I want to analyze SOLUSDT for you in a Weekly time frame so that we can have a Mid-term view of SOLUSDT regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). SOL has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is Not broken. The price can have a good rally after the breakout. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Rounded Bottom - AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
15
Solana Gaming Gem (BREAKOUT NEXT)Technicals - Breakout observed after 18 months accumulation range - Wave 1 complete, Wave 2 retraced to 0.618 fib level followed by Bullish RSI Divergence - 1.618 Fib Projection for Wave 3 Target @ 0.167 Tokenomics/Fundamentals coinmarketcap.com FDV: 46m Mcap: 19m Contract Ownership Renounced: Yes Mintable: No Mutable Info: No Circ: 40% Unlike many other crypto-gaming projects, the contract is renounced without option to mint or change anything. Top 10 wallets are not holding much -- this is very similar tokenomics and contract security as alot of your premium memecoins that pump. Recent AMA with CEO and Paul Barrons Podcast youtu.be Important to note: XETR:DIO will be used in multiple IP that the studio releases -- not solely the game Decimated. I think it will be one of the largest movers this cycle.
Long
by BiggyBalls
SOL Solana Technical Analysis and Trade IdeaSolana (SOL) demonstrates a robust bullish trend, recently surpassing previous highs and clearing liquidity above a prior monthly high. A potential retracement to the 61.8 Fibonacci level could present a buying opportunity. Our targets are aligned with previous monthly highs, as illustrated in the video. Disclaimer: This analysis offers a technical viewpoint and does not constitute direct financial advice. Trading in cryptocurrencies carries inherent risk. Always consult a qualified financial professional and carefully evaluate your individual risk tolerance before making investment decisions.
Long
by fxtraderanthony
XRP MOONSHOTXRP right now is following history pretty closely. As you can see from the main chart, XRP is potentially mirroring the same fractal formed back from 2013-2017. If history repeats, there will be a massive breakout for XRP. There is quite a bit of evidence to support this. First of all, the multi-year symmetrical triangle that has formed just like in 2012. It's taken years to form, but here we are in 2024 at the apex of it. Within the triangle, even the fractal looks the same. You can see marked out points inside. [Link 1: MACD on the weekly is showing the same histogram readings as back then, with three big waves, two small, then a bullish cross on the MACD. Exactly the same has happened right now. Bitcoin had just touched an all-time high again and had a pullback. It is at this moment XRP had its moonshot. Tell me, what are the chances we have now formed a second multi-year triangle and it just happens that Bitcoin has broken all-time high at the apex? The stars and planets seem to be aligning once again. It's just a matter of time before some big news comes out and this slingshots. seem to be pretty crazy targets all around for the XRP community lol. No idea where they're coming up with hundreds of dollars price targets, but if you would have a mirror move, then yeah, $575. The chances it goes to $575 this bull run are under 1%, let's be honest. The money required to get a mirror move is insane. So, a more grounded target this run would be a max of $10-14, with the first wave hitting $3-5.
BITSTAMP:XRPUSDLong
by Sporia
8
Cryptolean Solana SOL Update Solana is consolidating in the narrow daily range between $144 and $147. A daily candle closure above $147 will push Solana price towards $167 and higher. An inability to sustain the price action above $144 will result in price declining towards $126. Intraday Chart The SOLUSD intraday (4-Hour) chart is teasing the key resistance zone of $149. A bullish breakout of $149 resistance and a sustained price action above it in the 4-Hour chart will push #Solana price towards $168. An inability to break through $149 could result in a bearish dip and a re-test of $130, the key intraday support. I will be closely watching price action with this level, as a bullish rejection could offer a long opportunity. SOL will follow BTC. A strong bearish rejection of $69,654-$73,422 in the BTCUSD daily chart will lead to the weakness of the whole #crypto market and Bitcoin Cash won't be an exception. Like once read. Thank you!
by Trade-Lean
SOLUSDT at weekly resistance right nowThe price has been in uptrend since end of 2022. It has not broken the high it had set in 2021 but it has covered a significant distance from its low in 2022 end and has come close to its all time high zone. However, the price is currently trading at a weekly resistance level WR1. The price did experience a pullback from that resistance zone but quickly backed up and now trading again in that resistance zone. Looking at the momentum, the possibility of the price to break this resistance cannot be ignored, however, a bit of caution is definitely warranted. The next resistance zone is WR2 which is also a monthly resistance zone sitting around 198-208. However, I believe there would be some struggle there but the price will eventually break that and move upward. The more significant resistance is the currently weekly resistance WR1. Let us see how it plays out.
by angela_altair
Winner winner Sol to pay for my Dinner!Hi All, Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest. As you can see there's a hidden divergence with the confluence of an inverse H&S. I expect the next area of resistance to be in the $160's. If you zoom out into the weekly you can see Sol's just broken out from a multi-month inverse H&S. If it plays out Sol' price action should move to the mid $200's without too much trouble. Cheers BB
Long
by Blockbullder
SOLUSD Can $5000 become a reality??Solana is overbought on the 1D technical outlook (RSI = 75.694, MACD = 9.354, ADX = 24.946) and even more so on 1W (RSI = 84.892) but that doesn't seem to stop its remarkable uptrend as it broke over the R1 level (144.00) today and the only Resistance standing now is the ATH (261.50). The price action is so far quite similar to the very beginning of Sol's trading days and the CCI supports that. Consequently, if the long term pattern is a Channel up, we can see a Bull Cycle up to early 2025 and peak near its top (TP = 5,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SOLUSDLong
by InvestingScope
5
SOL - Next target is ATH#SOL/USDT #Analysis Description --------------------------------------------------------------- + SOL is showing confirmed breakout from the resistance. + Next target for the SOL is its previous all time high + With this strong breakout, i'm expecting the price to continue the bull trend. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 128.30 Stop Loss: 92.81 ------------------------------ Target 1: 147 Target 2: 175 Target 3: 218 Target 4: 263 ------------------------------ Timeframe:1D Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
Total Crypto Marketcap --- PLan Your Exit#TOTAL Crypto has already doubled from it's bear bottom, to it's most recent high. We are almost in 2024, well into crypto summer now time is really running out to prepare your portfolio for the inevitable Bull market euphoria phase. I bring this chart up just to remind everyone, that this cycle has potential to be one of the worst in terms of multiple expansions we have seen so far. We have gone from exploding 340X in one cycle.. to 33X the last cycle. I expect this time round it will be a single digit multiplier. We have to hope and pray we do indeed break the previous ATH , and we don't double top at 3 trillion.. of which there is no guarantee! My realistic target is around 5 Trillion Dollars, which may sound pessimistic at only 3.5X from here ... but that means your Altcoins adding at least a Trillion dollars of value from here! Optimistically i'm looking at around 7 trillion dollars, no mean feat! BTC.d at 30% would equal BTC 2.1 Trillion or $110k per coin.
CRYPTOCAP:TOTALLong
by BallaJi
3