Clean cup and handle pattern with $2.45 targetLUNA with a text book cup and handle forming imo. If it plays out $2.45 is the next target. $10+ seems possible in peak bull run 2025.
Usdt
🔥 Bitcoin's Next Macro Target: What To Expect SoonIn my last bullish BTC analysis I wrote about the idea that a short-term bottom had been formed and that were likely to bounce from said area.
As of today, this signal appears to be a great success. I also made a bearish signal recently, but that entry target had not been hit, so nothing lost.
In this analysis I want to take a look at Bitcoin's next macro target. The resistance is drawn from connecting the 2021 tops with each other and extrapolating said line.
In my eyes, this will likely be Bitcoin's next target and can potentially be a long-term resistance from which we bounce. Expect heavy selling around this resistance area.
For now, it's looking like BTC will continue the uptrend.
Happy to hear your thoughts!
INJUSDTINJUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
LINA BREAKING OUT IN 4H TIMEFRAMELINA broke out from this triangle in 2H timeframe in the chart, BTC being bullish , LINA might give at least 20% from here.
Need to check in which direction it deviates based on 66.4K-69KHello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(BTCUSDT 1M chart)
Since the 67K-69K section is located as shown in the picture, I believe it corresponds to the psychological resistance section.
Therefore, if support is reached around 67K-69K, it is expected to lead to a further rise.
If not, and it falls, you should check for support around 56K-61K.
The HA RSI indicator is an indicator created based on the closing price of Heikin Ashi.
Therefore, when the price falls, the HA RSI indicator may fall from the overbought range and a new HA-HIgh indicator may be created.
If a new HA-High indicator is created, the important thing is whether it can be supported around it.
(1W chart)
The key is whether the price can be maintained by rising above 69K.
If that happens, it is expected to rise to the next target of 1.618 (88913.24).
(1D chart)
In order to continue the upward trend, it must eventually rise above 70231.38.
Accordingly, the key is whether it can receive support and rise around 69K-70.2K.
Because the MS-Signal indicator was touching and rising, the area around 66.4K was the first buying period.
The second buying time is when it shows support around 70.2K, as mentioned above.
It was expected that we would be able to find out what direction the trend would take from March 16th to 18th.
Accordingly, you need to check in which direction it deviates based on the 66.4K-69K section.
The next period of volatility is around March 31st.
Therefore, it is expected that the trend created will accelerate or a major reversal will occur around March 17th.
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I think it is risky to forecast the coin market trend only through BTC charts.
Therefore, I think we should also know the movement of coin market funds.
As an individual trader, it is quite difficult to know the financial situation of the coin market.
I think you can refer to the USDT and USDC charts to understand the trend of funds, even if it is limited.
(USDT chart)
(USDC chart)
Funds flow into or out of the coin market through USDT or USDC.
This is because in order to trade in the coin market, you need funds to form a trading pair.
I think most trading is taking place in the USDT market.
Therefore, it can be said that USDT's movement has a great influence on the coin market.
If you interpret the USDT chart or USDC chart considering this situation,
- The occurrence of a gap can be seen as the basis for funds flowing into or out of the coin market.
- Candlesticks on the USDT chart or USDC chart can be seen as expressing increases and decreases due to trading.
Therefore, if USDT does not show a downward trend in the gap, it is highly likely that the coin market will maintain an upward trend due to the funds flowing into the coin market.
(USDT.D chart)
In that sense, I think the movement of USDT dominance is a chart that shows the funding trend in the actual coin market.
As long as USDT dominance does not rise above 4.97, I think the coin market is likely to remain bullish.
Therefore, if USDT dominance rises above 4.97 and USDT begins to show a downward trend, I think it is highly likely that the coin market is in a downward trend.
If you think you have found such an important point or section, you need a trading strategy that matches the current trend until you break away from that point or section.
(BTC.D chart)
I think this bull market is centered around BTC or ETH.
Accordingly, I believe that most altcoins are not showing a significant increase.
Although, I believe that BTC dominance is currently maintained at the current level due to the rise of several coins (tokens).
If BTC dominance does not fall below 50, there is a high possibility that there will be a large decline due to the decline of BTC, so caution is required when trading.
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In summary, the decline in BTC provides a buying opportunity until USDT switches to a gap decline.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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ID is still to go at least 5x from hereID is forming same pattern as TRB did few months ago, holding ID in spot or having long position with small leverage would be great idea.
POLYX IS YET TO START ANOTHER LEG UPPOLYX still looks bullish after making huge 60% pump from last dump, expecting another 40% - 60% up move from here.
Bullish market is comingHello everyone
After long time its high time to be ready for green candles!
I have stopped all my chart while made profit in short position.
Focus on long position I just talk about Spot trade .
A super bullish for marketHello guys
As you see chart USDT.D broke a important support zone and its a nice start for market.
🔥 BONK: Huge Cup & Handle For Massive Profits!In this analysis I want to take a closer look at BONK's cup and handle pattern and the potential massive trade we can make based on it. I'm aware that the handle is not perfect because of the wick, but I still deem the pattern valid enough for a trade.
The 2000 area seems to be holding on two separate occasions now, which makes me believe we can use it as a decently strong area of support.
Target at 10.000 based on the idea that the pattern will break out and make new highs in the future.
Combined, we can create a huge signal with a RR of over 25.
Binance Coin can exit from pennant and decline to 515 levelHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price some time ago declined to 515 support level, which coincided with the buyer zone and at once rebounded and started to move up. Soon, the price reached a resistance level, which coincided with the seller zone and broke it, after which BNB rose a little and then made a correction below this level. Next, the price broke the 587 level again and later rose to 645 points, after which it turned around and started to decline in a downward pennant, where soon broke the resistance level one more time. After this movement, BNB made a retest of the resistance level and in a short time declined to the buyer zone, which later reached the support line of the pennant. Then price rebounded from the support line and rose to the resistance line, which coincided with the resistance level, but a not long time ago BNB rebounded and fell to the support line, which continues to rise near to this day. So, I think Binance Coin can reach the resistance line, after which turns around and starts to decline to the support level, thereby exiting from the pennant. For this case, I set my target at the 515 level. Please share this idea with your friends and click Boost 🚀
LTOUSDT.4HFor the LTO/USDT chart provided, here’s a technical analysis:
Timeframe: The 4-hour chart is a good timeframe for spotting short to mid-term trend patterns and potential reversals or continuations.
Ichimoku Cloud: The price is below the Ichimoku Cloud, suggesting a bearish trend. For a bullish reversal, price would need to break above the cloud.
Trendlines: A descending trendline could be drawn connecting the highs, which, if broken, could indicate a potential reversal to the upside.
Resistance Levels (R1): There’s a resistance level marked at around 0.2303 USDT. This level may act as a barrier for price increases, and a breakout above this could suggest bullish momentum.
Support Levels (S1, S2): Support levels are indicated at 0.14177 and 0.1153 USDT. If the price drops, these levels could serve as areas where buying interest might come in to push prices higher.
Relative Strength Index (RSI): The RSI is around 59.93, which is neutral and does not indicate overbought or oversold conditions.
MACD (Moving Average Convergence Divergence): The MACD is slightly below the signal line, indicating bearish momentum. However, the histogram shows reduced negative momentum, suggesting the potential for a bullish crossover.
Price Action: The price appears to be consolidating after a recent uptrend, with a possible bullish flag pattern forming, which could indicate a continuation to the upside if confirmed with a breakout.
Conclusion:
The LTO/USDT pair is in a consolidation phase below key resistance. A bullish flag pattern is potentially forming, which, if confirmed with increased volume and a breakout, could lead to a continuation of the upward trend. The Ichimoku Cloud suggests a bearish bias in the short term, but the MACD hints at possible upward momentum building. Traders should look for a breakout above the descending trendline or the Ichimoku Cloud as a bullish signal, while a drop below support could indicate further declines. Always consider external factors and news that could affect the market and employ risk management in your trading.
DOGEUSDT.2HFor the DOGE/USDT chart provided, here’s a professional technical analysis:
Timeframe: The 2-hour timeframe depicted is useful for assessing short to medium-term trends and identifying intraday trading opportunities.
Ichimoku Cloud: The price is currently within the Ichimoku Cloud, indicating a potential zone of indecision or consolidation. A breakout above the cloud could suggest a bullish trend, while a break below could indicate a bearish trend.
Trendlines: The chart does not clearly show any trendlines, but typically, these would help identify the direction of the price movement. The absence of clear trendlines suggests the market might not have a strong directional bias at the moment.
Resistance Levels (R1, R2, R3): There are multiple resistance levels marked on the chart. The price is nearing the first resistance level (R1). A break above this level could suggest bullish momentum, potentially leading to a test of higher resistance levels (R2 and possibly R3).
Support Level (S1, S2): The support levels are well below the current price. If the price were to fall, these levels could serve as potential areas where the price might find a floor and potentially rebound.
Relative Strength Index (RSI): The RSI is around 57.3, which is neutral, indicating neither overbought nor oversold conditions. This suggests there is room for the price to move in either direction without immediate pressure from RSI extremes.
MACD (Moving Average Convergence Divergence): The MACD line is very close to the signal line and near the zero level, indicating a lack of strong momentum in either direction. Traders would watch for the MACD line to cross above the signal line as a bullish indicator or below it as a bearish indicator.
Conclusion:
The DOGE/USDT pair appears to be in a state of equilibrium, trading within the Ichimoku Cloud without clear direction on the MACD or strong sentiment from the RSI. The proximity to the R1 resistance level suggests that this could be an area of interest for both bulls and bears. A breakout or breakdown from this zone, confirmed by volume and other indicators, would provide a clearer directional bias. As always, it is crucial to consider the broader market context and news that may impact the asset's price and to employ risk management strategies when trading.
VIDTUSDT.2HFor the VIDT/USDT chart provided, we can dive into the technical aspects as follows:
Timeframe: The chart is on a 2-hour timeframe which can be conducive for spotting short-term trends and potential intra-day trading opportunities.
Ichimoku Cloud: The price is trading below the Ichimoku Cloud, suggesting that we are currently in a bearish trend. For a bullish signal, we would look for the price to break through and hold above the Cloud.
Trendlines: There seems to be an ascending trendline supporting the price movements. This could act as a dynamic support level; if the price holds above this trendline, the bullish sentiment may continue. However, a breakdown below this line could suggest a potential trend reversal to the downside.
Resistance Levels (R1, R2): Two resistance levels are marked. The first resistance level (R1) is slightly above the current price, which the price has to break through to indicate a potential upward movement. The second resistance level (R2) is significantly higher, indicating a strong bullish push if reached.
Support Level (S1): The S1 level is significantly lower than the current price, which may suggest a substantial drop if the price breaks below the ascending trendline.
Relative Strength Index (RSI): The RSI is around 47.2, which is between the 30 (oversold) and 70 (overbought) thresholds. This indicates neither an overbought nor oversold condition, suggesting a lack of strong momentum in either direction.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line and both are near the zero line, showing weak momentum. A bullish crossover (where the MACD line crosses above the signal line) would be a potential indicator of increasing buying momentum.
Volume: The volume is not visible in the provided chart, which is essential to confirm the strength behind the price movements.
Conclusion:
Currently, the VIDT/USDT pair is exhibiting bearish signals with the price trading below the Ichimoku Cloud and the MACD below the signal line. The ascending trendline is a key support to watch—if the price holds, we may see a consolidation or potential reversal to the upside. However, if the price breaks below, it could signal further downside. Resistance and support levels provide target areas for taking profits or cutting losses. Remember, technical analysis should be used in conjunction with fundamental analysis and market news for more informed decision-making, and it's important to employ risk management strategies to protect your investments.
UFTUSDT.2HLet's conduct a technical analysis of the UFT/USDT chart you've provided:
Timeframe: The chart shows a 2-hour timeframe which is useful for short to medium-term trade analysis.
Ichimoku Cloud: The price action is below the Ichimoku Cloud, indicating a bearish sentiment. If the price remains below the cloud, it may continue to face resistance on upward movements.
Resistance Levels (R1, R2): There are two resistance levels identified on the chart. The R1 level is quite close to the current price, suggesting that the price might consolidate around this point before any potential upward or downward movement. The R2 level is significantly higher, which the price would need to break through for a confirmed bullish trend.
Support Level (S1): The S1 support level is substantially lower than the current price. If the price breaks this support, it could indicate a stronger bearish trend, potentially leading to further declines.
RSI (Relative Strength Index): The RSI is hovering around 41.26, which is just above the traditionally oversold boundary of 40. This could imply that the market is in a bearish phase, but nearing a point where we might expect buying interest to increase.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, and the histogram bars are below the zero line, both indicating bearish momentum. Traders would look for a crossover above the signal line as a potential early indicator of changing sentiment.
Price Trend: The price has been making lower highs and lower lows, which is characteristic of a downtrend.
Volume: The volume isn't visible on the chart; volume data would help confirm the strength behind price movements.
Conclusion:
In summary, the UFT/USDT pair appears to be in a bearish phase, with the price below the Ichimoku Cloud, the RSI in the lower half of its range, and the MACD indicating downward momentum. The resistance levels above may cap upward movements unless a significant change in market sentiment occurs. The support level suggests a possible floor in price, where we might expect some buyers to enter the market. Traders should keep an eye on these technical indicators for signs of a reversal. It’s also important to consider broader market trends, news, and other fundamental factors when making trading decisions. As always, managing risks and using stop losses can help mitigate potential losses in volatile markets.
DATAUSDT.2HThe chart you've provided is for Streamr DATAcoin (DATA) traded against Tether (USDT) on a 2-hour time frame. Let's dive into the technical analysis:
Ichimoku Cloud: The price action is within the Ichimoku Cloud, suggesting indecision in the market. A breakout above the cloud could indicate a bullish trend, whereas a drop below might signal a bearish phase.
Resistance Levels (R1, R2): There are resistance levels marked on the chart. R1 is not too far above the current price, indicating that it may act as a near-term barrier for price appreciation.
Support Level (S1): The support level is quite a bit below the current price. If this level is breached, it could signal further bearish sentiment, potentially leading to larger price declines.
RSI (Relative Strength Index): The RSI is just above 40, which is on the lower end of the neutral zone. This could indicate slight bearish momentum or potentially a consolidation phase.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line and the histogram is negative, both of which suggest bearish momentum. It would be prudent to watch for any potential crossover above the signal line for signs of a changing trend.
Volume: There isn't a visible volume indicator on this chart, which would help to confirm the strength behind any price moves.
Conclusion:
Based on the current chart, it seems that DATA/USDT is in a phase of uncertainty, with the price moving within the Ichimoku Cloud. The market appears to be waiting for a catalyst to determine direction. The bearish bias in both RSI and MACD suggests that caution is warranted. A breakout above the cloud and resistance levels, accompanied by increased volume, could be a bullish signal. Conversely, a break below the support level could lead to further declines. As always, it’s important to consider multiple indicators and market factors and to manage risk carefully when trading.
BTCUSDT.2HThis Bitcoin (BTC) chart against the US Dollar (Tether, USDT) on the 2-hour time frame provides a rich set of data for a technical analysis perspective:
Ichimoku Cloud: Price is currently below the Ichimoku Cloud, which typically suggests a bearish trend. The cloud acts as a dynamic resistance area.
Resistance Levels (R1, R2, R3): The chart shows multiple resistance levels. The closest one, R1, is significantly above the current price, indicating that there might be a strong move required for the price to reach these levels again.
Support Levels (S1, S2): There are also two support levels identified. S1 is a short distance below the current price, indicating a potential area where the price might find support if it continues to decline.
RSI (Relative Strength Index): The RSI is hovering around 45, which is somewhat neutral. It indicates there's neither a strong buying nor selling pressure currently driving the market.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, and the histogram bars are red and growing, which points to increasing bearish momentum.
Volume: The bars below the price chart depict trading volume, and a mix of red and green suggests a battle between buyers and sellers with no clear winner at the moment.
Conclusion:
The market sentiment for BTC/USDT, based on this chart, seems to be leaning toward the bearish side, as indicated by the price being below the Ichimoku Cloud and the MACD showing a bearish crossover. The RSI's neutral stance suggests that there could be potential for either direction, but current indicators lean more towards a bearish trend.
If considering trading based on this chart, it might be prudent to watch for potential bounces off the support levels for buying opportunities or breaks below support as a signal for potential short positions. The resistance levels serve as targets for any bullish reversals or as potential exit points for short positions. However, a trader should use additional confirmation from other indicators, news, or market sentiments before making any trading decisions. Always remember to set appropriate risk management measures like stop losses, especially in the volatile cryptocurrency market.
BTC - nest target 82,000$ (fib 1,6)BTC Update:
BTC is currently at culmination of game and a certain channel. In my personal opinion, probability of an upside is very high and I have two reasons for this: we are on lower line of channel, which should act as support - next thing we do is retest the downtrend breakout lines. Additionally, greed is high and everyone is waiting for a big correction to buy as cheaply as possible - and this may not happen at all.
Pure mathematics:
On average, four times more BTC is purchased by ETFs every day than is mined daily by miners. There are about 30 days left until Halving - after time when purchasing average is maintained, and it should be, because at moment only 10% of all financial funds currently provide ETF services and many are already applying for new ones, there will be 8 times more BTC purchased than on a daily basis mined by miners.
Historically:
Each time after crossing last peak, BTC made a small correction of around 20%, followed by a very quick rebound upwards of around 90%-100%.
General narrative:
Greed at a very high level - which works both ways, everyone wants to sell as expensive as possible but also buy as cheap as possible. I believe that it will still be too expensive for most investors and they will only join market when BTC cent reaches new historical highs around $100,000. Then funds will start selling first larger batches of BTC to naive street and dress them up with expensive BTC. Greed will destroy them because it was still too expensive for them and with each adjustment they thought it would be even cheaper. Instead of accumulating in batches and averaging the purchase.
Good Luck :)
🔥 TRX Massive Bullish Triangle SignalTRX has been crawling upwards ever since the FTX collapse in November 2022. Many alts have outperformed TRX, but TRX is one of the few who's been in a perpetual uptrend since the FTX fiasco.
In this analysis I want to take a look at the bullish triangle on the chart. The signal assumes that the price will break through the top resistance and continue to move up. A less risky trade would be to wait for the top resistance to break.
ETHEREUM - Price can make retest of resistance level and fallHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price traded in resistance area, which coincided with $3900 level, but later ETH turned around and started to fall in channel.
In falling channel, price broke $3900 level and declined to $3440 level, after which bounced and tried to rise.
Price failed and in a short time declined to support line of channel, breaking $3440 level, which coincided with support area.
Then ETH turned around, exited from falling channel, and rose to $3440 level and also soon broke it.
But a not long time ago price fell to this level, broke it with support line, and at the moment it trades in support area.
In my mind, Ethereum can make retest of resistance level and then continue to fall to $3120
If this post is useful to you, you can support me with like/boost and advice in comments❤️
🔥 SAND Bullish Channel Signal: Ride The WavesAs seen on the chart, SAND has been trading inside a well-defined bullish channel pattern for almost 6 months at this point.
This signal is based on the idea that SAND will continue to trade within the channel and will bounce from the bottom support.
Stop just below 0.50$, target at 1$ to create a very decent trade with high RR.
HelenP. I BNB will correct to trend line and then rebound upHi folks today I'm prepared for you Binance Coin analytics. A not long time ago price rebounded from the trend line and in a short time rose to the support zone, which coincided with the 505 support level. But, when BNB reached this zone, it rebounded and made little correction, after which it turned around and broke the 505 level. Then price made a retest, after which it rebounded and continued to grow to the resistance level, which coincided with the resistance zone. Price even broke this level, but at once turned around and fell below, but then BNB tried to rise higher again and failed. After this, BNB declined to the support level, which coincided with the trend line, thereby breaking the 602 level one more time. And a not long time ago Binance Coin rebounded from the support level and started to move up. Now, I expect that BNB will decline to the trend line, after which it turn around and continue to move up. That's why I set my target at the 574 level. If you like my analytics you may support me with your like/comment ❤️
BITCOIN - Price can reach resistance area and then bounce downHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently, the price entered to rising channel, where it bounced from $65800 level and started to move up.
Later BTC made correction to support line of channel and then made upward impulse to resistance line, breaking $71300 level.
After this, it turned around and entered to wedge, where price soon broke $71300 level again and also left channel.
Then BTC declined to $65800 level, after which it bounced and rose to resistance line, but soon bounced down.
In a short time price broke $65800 level and fell to support line of wedge, and recently it bounced up.
Possibly, Bitcoin can reach resistance area and then it will decline back to $60000 support line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
