Trend
Bitcoin through next halving - on the cusp of a new cycle pt. 2Adding another view to my previous idea removing the volatility between the move. Please see for an idea of what the volatility could look like:
Key areas:
Keep an eye on RSI momentum
Keep an eye on major support levels which will be added as time goes on
Use pre-established profit points - and DON'T fomo when the time comes. Pick your sell points and COMMIT to them - put a post-it on your monitor.
3 Altcoins Pumping Again Soon!Since you enjoyed my previous post about 3 Altcoins Rejecting the $5 mark!
Here's an interesting one about altcoins in a deep correction phase after an aggressive pump:
BINANCE:NEOUSDT
After a 200% surge, NEO is currently in a correction phase and rejecting the $15 demand zone.
As long as the $15 support holds, a expect a bullish continuation towards the $21 supply and then $25.5 previous major high.
BINANCE:TRXUSD
After a 180% surge, TRX is currently in a correction phase and rejecting the $0.25 mark.
As long as the $0.25 holds, a expect a bullish continuation towards the $0.33 supply and then $0.43 previous major high.
BINANCE:QTUMUSDT
After a 180% surge, QTUM is currently in a correction phase and rejecting the $3.5 demand zone.
As long as the $3.5 holds, a expect a bullish continuation towards the $4.8 supply and then $5.7 previous major high.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
ETH could find footing around here...We had a steep incline, we tested it 4 times and it was support, we tested it a 5th time after rejecting a breakdown and she crashed through support and now we are nearing where we hope to get a footing. You can see where if we slightly adjust the angle of the channel from the prior super steep ascending channel to this new, pretty steep ascending channel, we are near the bottom of channel, near support and hopefully hold and bounce back up from here, would still be plenty bullish, with just a more reasonable trajectory.
Looks like we will have the 200 (4h candle) moving average line up around this support line as well giving it double the chance of holding. If it breaks down, the price could drop a lot lower, like $3000-$2400ish even.
if this is bottom line here, we have a little more down trend and probably some consolidation down here before heading back up, should let other assets breath some too. If it breaks through this, be prepared for more drop.
Order books currently imply that more traders believe the price will drop more than traders who believe the price will rise.
This could be a great entry op for ETH and many other assets but be vigilant, especially with order books in the current state, and it took a solid month for them to decline to their current state, so hoping for a two day reversal could be asking a bit much.
I am currently optimistic but skeptical
BOBA/USDT = THE NEXT SOLANA (CYCLE ACCTIVATED) $25This is a follow-up update for BOBA/USDT with next targets.
Hybrid Compute tech could become a game-changer, as some top developers recognize its potential impact.
Expected Targets for 2024/2025:
$0.21 to $0.45
$0.45 to $1.23
$1.23 to $5.40
Outlook for 2025:
The technological advancements and ecosystem data indicate that 2025 could be a pivotal year for BOBA/USDT, potentially pushing the coin to $10 in 2025 , with a significant chance of reaching $25 by 2025/2026.
There is an activation of market cycles, suggesting that new whale accumulation could begin at any moment. BOBA has the potential to become the next Solana, which also started below $1.
For perspective: Solana rose from $0.51 to $200, showcasing how underpriced tokens with solid fundamentals can skyrocket.
For short-term insights, see this update:
Why Boba Stands Out:
Hybrid Compute Technology: BOBA enables smart contracts to seamlessly access real-world data and off-chain APIs, expanding the potential of decentralized applications.
Layer-2 Scaling: It lowers Ethereum transaction fees and boosts transaction speeds, offering both scalability and innovation that many competitors lack.
Ecosystem Growth:
Boba Network’s Liftoff Accelerator Program, in partnership with Brinc, is fostering innovation in Web3 by supporting startups in DeFi, gaming, AI, and real-world asset applications. This initiative provides grants, technical assistance, and mentorship, further solidifying Boba's unique position in the blockchain space.This is a follow-up update for BOBA/USDT with next targets.
Hybrid Compute tech could become a game-changer, as some top developers recognize its potential impact.
Outlook for 2025:
The technological advancements and ecosystem data indicate that 2025 could be a pivotal year for BOBA/USDT, potentially pushing the coin to $10 in 2025 , with a significant chance of reaching $25 by 2025/2026.
There is an activation of market cycles, suggesting that new whale accumulation could begin at any moment. BOBA has the potential to become the next Solana, which also started below $1.
For perspective: Solana rose from $0.51 to $200, showcasing how underpriced tokens with solid fundamentals can skyrocket.
Why Boba Stands Out:
Hybrid Compute Technology: BOBA enables smart contracts to seamlessly access real-world data and off-chain APIs, expanding the potential of decentralized applications.
Layer-2 Scaling: It lowers Ethereum transaction fees and boosts transaction speeds, offering both scalability and innovation that many competitors lack.
Ecosystem Growth:
Boba Network’s Liftoff Accelerator Program, in partnership with Brinc, is fostering innovation in Web3 by supporting startups in DeFi, gaming, AI, and real-world asset applications. This initiative provides grants, technical assistance, and mentorship, further solidifying Boba's unique position in the blockchain space.
ETH $3500 or moon soon?Well she tried to break out yesterday but was rejected, and ultimately pulled back to support. that support is short-medium length running, as it has provided support here 4 times in the past month and now we are hoping for a 5th time.
But even if it breaks down here, we would be likely to see it go back down to the bottom of this ascending channel, at around $3500 depending on when we arrive there, its also the 200 (4hr candle) moving average. There is a strong likelihood that if we test this area we will hold support with double support, however in the unlikely event that support also broke down, we could be looking at heading back down to red line, which also is not unhealthy, when an asset breaks out, to come back and test its prior resistance as support, ETH never did do that.
Here is the 1 day candle charts, just to show ETH was in a year decline when it broke out into this structure we are examining closer in this write up.
Notice in the chart in this write up, the red line at the bottom, it is the dominate descending red line in that one day candle chart above.
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Something else though both ETH and BTC their order books sentiment is not so strong right now. I use CMF and i like to look at orderbooks from 10% depth of market to 100% depth of market and I watch the trendline of the asks, because, the more asks at 10-100% depth of market, thats positive sentiment, thats a lot of traders that have set limit orders expecting the price to go up. Where as when we see a rise in bids in the 10%-100% depth of market range, it means more traders are setting up to buy an anticipated coming dip, so they expect the price to drop. For ETH over the last month as the price has jumped, the asks above 10% have continued to decline and now recently the bids above 10% have started to run up. But also everything goes in waves, it would make sense that soon we could start another wave up and then its just a question of if it will be a bigger or smaller wave, indicating a growing or shrinking overarching "Greed".
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So the alternative to it breaking down here, which the recent market makes it seem more likely, is that we go back and try to break that resistance again and this time, succeed and make a nice strong run on ETH, but we have to be prepared for either.
My gut says based on the recent strength of the market, we will start to see order books push a new cycle of increased trader confidence and see a break out here instead of a break down but the data above suggests a very real potential for a a pullback here. Overall, this still appears really early in ETH's break out from its year decline, I think we can expect much higher highs in the future with the only question being, how far in the future.
As always be vigilant and adaptive, and DYOR!
UPS - Delivering A Trend Continuation...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 UPS has been overall bullish long-term , trading above the orange trendline.
Currently, UPS is in a correction phase trading within the falling channel marked in black.
Moreover, the zone marked in blue is a strong demand zone and round number $100.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendlines acting as non-horizontal support.
📚 As per my trading style:
As #UPS approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Doing it AGAIN...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈ETH has been bullish trading within the rising channel in red.
Currently, ETH is rejecting the upper bound of the channel, so a bearish correction is expected.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green structure and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #ETH approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NASDAQ, setup for 25k (20% potential)Hello everyone,
based on the major wave 3, we can make a projection to imagine where the global markets could form a major top. In my view we are entering the last stages of the bull run, with a potential of 20% gains to come. After reaching the top, a major bear market could start, but I don't expect the top to be in before at least Q1 of 2025.
What I also want to point out is that we are about to test the very significant last swing high from where wave 4 started. I should be a good zone to start buying again, as we are in a strong bullish trend. If you need confirmation observe this level closely.
LCX is trying really hard to breakoutLook at that resistance at .40, really strong, its also top of pennant, if we break through here, expect a nice run, if she holds the resistance we will probably visit back to bottom of pennant to test support.
Just a heads up of a potential opportunity, do your own research. Watch the trend line, watch for the break out.
GOLD / Consolidating Between 2653 and 2637 !Gold Technical Analysis
The price is consolidating between 2637 and 2653, with stability above 2653 which is bullish toward 2661 and 2678,
Otherwise, as long as trades below 2653 will trade at the bearish area, closing 1h or 4h candle below 2637 will support bearish toward 2624
Key Levels:
Pivot Point: 2653
Resistance Levels: 2661, 2678, 2706
Support Levels: 2637, 2625, 2612, 2585
Trend Outlook
Uptrend: Bullish momentum is expected if the price holds above 2653.
Bearish Momentum: Dominant as long as the price remains below 2649, especially below 2638.
ETH - Trend-Following Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈ETH has been bullish trading within the rising channel in red.
Currently, ETH is approaching the lower bound of the channel.
Moreover, the level marked in green is a strong round number $3,500.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the round number and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #ETH approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Gold: Maintaining Downward Momentum
Gold Technical Analysis
The price recently tested resistance at 2651 before retreating.
Today, the price is expected to consolidate within the range of 2647 to 2638, showing bearish momentum. For the bullish trend to resume, the price must stabilize above 2647 by closing 4h candle above it, targeting 2661 as the next resistance. Conversely, as long as the price trades below 2647 and 2638, the trend is likely to remain bearish, with potential declines toward 2623 and 2612.
Key Levels:
Pivot Point: 2647
Resistance Levels: 2661, 2678, 2706
Support Levels: 2625, 2612, 2585
Trend Outlook
Uptrend: Bullish momentum is expected if the price holds above 2649.
Bearish Momentum: Dominant as long as the price remains below 2647.
HBAR - Riding The Beast!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After breaking above the $0.1 mark, HBAR surged by almost 400%.
Currently, HBAR is in a minor correction phase.
Moreover, the green zone is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and blue trendline acting as non-horizontal support.
📚 As per my trading style:
As #HBAR approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPUSD → Counter-trend correction before further declineFX:GBPUSD within the correction reaches a zone of interest and resistance from which the decline may resume as the dollar returns to a northbound rut ...
Traders continue to fight for the 1.267 area, an area that is a strong enough support. Buyers don't have much of a chance as the dollar looks quite strong on the back of Trump's policies and is putting quite a lot of pressure on the forex market.
Technically, the downtrend is the priority and we will be pulling back from it. Key zones: 0.5 Fibo and the boundary of the downtrend. False breakout may provoke further decline.
Resistance levels: 1.275, 1.284
Support levels: 1.267, 1.264
False breakout of resistance will indicate the bears' domning and may provoke further selling. It is also worth emphasizing 1.267-1.264. A breakdown and consolidation of the price below this zone will also confirm the bears' intention
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPUSD ;)
Regards R. Linda!
USDCAD - Follow the Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDCAD has been bullish trading within the rising wedge pattern in blue.
Currently, USDCAD is approaching the lower bound of the wedge.
Moreover, the zone marked in green is a strong demand.
🏹 Thus, the highlighted green circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #USDCAD approaches the green circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPAUD - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPAUD has been bullish trading within the rising channel in blue.
Currently, GBPAUD is approaching the lower bound of the channel.
Moreover, the zone marked in green is a strong structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the structure zone and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #GBPAUD approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RIZZMAS... next SHIB!???Five key points explaining why it might be worth considering:
High Token Supply: With 500 billion tokens in circulation, Rizzmas ensures significant market liquidity, making it accessible for trades
Recovery from Historic Lows: While the token has fallen 75% from its all-time high, it has rebounded by 170% from its lowest price, indicating a potential recovery trend
Low Entry Price: With an average price of $0.000046 per token, it offers an affordable entry point, allowing smaller investors to accumulate a significant quantity of tokens
Popularity of Meme Coins: Like Dogecoin and Shiba Inu, Rizzmas is part of the meme coin category. Such coins can exhibit high volatility but often capture significant attention and trading volume during their peaks
Availability Across Platforms: Rizzmas is available on both decentralized exchanges like Raydium and centralized exchanges like Gate.io, providing accessibility for a wide range of traders
For me, it looks like high risk. Use your risk management.
JB.-