ETH Bullish ContinuationETH has rallied after the elections and after its slight retracement it is expected to reach around the 4000.
There is a bullish flag also displays ABCD pattern. Both these project a 4000 target.
Usdt
HelenP. I Bitcoin can correct a little and then continue to growHi folks today I'm prepared for you Bitcoin analytics. In the chart, we can see how the price some time traded near support 2, which coincided with the support zone and even entered to this area, where little time traded too and then started to grow inside the upward channel. Soon, BTC broke support 2 again and then reached the resistance line, after which made a correction to trend line and later broke this line and fell to the support line of the channel. A not long time price traded near this line and later rebounded to the trend line, which coincided with support 1 and broke them. Next, the price rose to the resistance line, after which made a correction back, breaking the trend line one more time, but soon BTC turned around and continued to move up between this line. At the moment, price traded below the trend line and I expect that BTCUSDT will fall to the channel's support line and then start to grow to the resistance line, breaking the trend line. For this case, I set my goal at 97500 level. If you like my analytics you may support me with your like/comment ❤️
BITCOIN - Price can grow a little and then fall to support areaHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to flat, where it declined to support area, which coincided with $67300 level.
Then BTC some time traded in support area, after which broke $67300 level and rose to top part of flat.
Next, price made correction to $67300 level, after which started to grow inside rising channel, exiting from flat.
In channel, BTC rose to $86700 level, broke it, and at once reached resistance line of rising channel.
But a not long time ago price turned around and fell to $86700 level, exiting from channel and then it started to grow.
Possibly, I think that BTC can little grow and then start to decline to $85100 support area.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
XRP fractal, sometimes simple is bestI'm loving XRP at the moment. We've seen a gorgeous positive breakout the last few days giving high confidence in a furthe upward surge. I'm looking closely and can see a beautful fractal appearing that looks like it could play out again. IF it does, my target will be just shy of the top around 1.9. I'm in until then. Follow for more.
USDT.DOMINANCE Chart Update !
USDT dominance is showing a downward trend after breaking out of a previous channel, which may indicate a decrease in stablecoin dominance in the market. The price of testing a green support zone is around 4.4%. If it fails to hold above this level, a further downside to the lower red support zone around 3.9% may be possible.
This decline in USDT dominance could imply a potential increase in buying pressure within the crypto market, as funds flow out of stablecoins and into more volatile assets, fueling upward momentum in the broader crypto market. However, a bounce back above the support zone may signal a temporary reversal in trend.
Traders should watch for reactions at these key support levels to better assess the direction of market sentiment.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
U.S.Dollar Chart Update !The US dollar recently broke above its descending triangle pattern and is testing a key horizontal supply zone. While it’s challenging this resistance, a potential pullback could still occur. The Ichimoku Cloud beneath provides strong support, reinforcing the bullish structure.
Given the dollar's inverse correlation with crypto, any decisive move could significantly impact broader market trends. Stay alert to shifts in momentum as they may signal changes in the crypto landscape.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
USDT Dominance: The Breakdown is must!USDT Dominance is finally at its breakdown point, and this week’s close will provide more clarity about the market.
A weekly close below the support trendline will likely drop USDT.D to 3.8%, allowing BTC and other altcoins to rally higher. On the other hand, a close above the support trendline could be concerning for the market.
I expect USDT Dominance to drop to 3.8% and potentially rebound to 4.6%–4.8%.
Let’s see how the coming week unfolds.
Trade safely.
ETH brief analyseThere are still room for high peak.
This week upward wave-B is retracement of A in 1day chart.
When this B retracement end, which (A)- (B)- (C) wave at 1hour drown.
Big correction wave might begin, like a week.
This is my trading scenario to share with you.
Please always set up stop loss for long run trading.
There is always opportunity in other days.
Bitcoin can little correct and then continue to move upHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a few days ago started to grow inside the upward channel, where it at once reached the resistance line of the channel. Then the price rose to the support area, which coincided with the 66800 support level, and then turned around and made a correction to the support line of the upward channel. When the price fell, it turned around and in a short time rose to the 66800 level, broke it, and then some time traded near. Later, BTC bounced from this level and rose almost to the resistance line of the channel, after which turned around and corrected to the support level, where at once made a strong upward impulse to the resistance line. Price some time traded between this line and later exited from a channel and continued to move up. Some time later, the price reached 86800 current support level, which is located inside one more support area and broke this level. Now BTC trades near this level and in my mind, the price can make a small correction, below the support level, and then continue to grow, and even reach new ATH. For this case, I set my TP at 94000 points. Please share this idea with your friends and click Boost 🚀
WAGYUSWAP Technical Analysis & Trading Plan by Blaž FabjanWAGYUSWAP Cryptocurrency Technical Analysis & Trading Plan
WAGYUSWAP is currently at a very low market cap, presenting an exceptional opportunity for investors. As the primary exchange for the Velas ecosystem, it holds significant promise. Velas is undergoing a transformative fork from Solana, which will bring vast improvements to its blockchain. When the fork is completed and fully developed, the price of WAGYUSWAP is expected to skyrocket, potentially creating significant returns for those who invest now. This is a rare opportunity to position yourself for massive gains. Not a financial advice :)
Technical Overview
The chart above shows the price action of WAGYUSWAP paired with Tether (WAGYUSDT) in a 4-hour time frame. Currently, the cryptocurrency is showing a strong ascending trading channel, indicating an ongoing bullish trend.
Key Indicators:
Volume Analysis: The volume indicator shows increasing buying activity, which is a strong sign that the market is gaining momentum. Currently, the volume is 69.194K, which is healthy and showing interest in the coin.
RSI (Relative Strength Index): The RSI is currently at 66.94, which is just below the overbought zone. This suggests that while the market is in bullish territory, there is still room for upward movement before it reaches the overbought condition. This is a good sign for further upside potential.
Stochastic Oscillator: The Stochastic indicator is sitting at 67.93, indicating a potential continuation of the uptrend. A reading above 60 often signals a strong bullish trend, further confirming the current bullish sentiment.
Money Flow Index (MFI): The MFI is currently at 36, which is low but shows the potential for a reversal into positive territory. This suggests that the market is likely to see inflows, further confirming the buying interest in the cryptocurrency.
VMC Cipher B Divergence: This indicator is showing some promising signs of continued upward movement. The green dots indicate bullish divergences, which suggest that buying pressure is building and could result in higher prices.
Price Action and Trend:
The price is moving in a well-defined ascending trading channel, with a breakout likely imminent. The market has just tested the lower boundary of this channel, which is the perfect accumulation point for investors who wish to enter before the price surges.
The key support levels lie at 0.0006005 and 0.0013976, with the upper boundary marked by the blue line indicating the potential for price targets as high as 0.0015419. A breakout above this level could see significant movement to the upside.
Trading Plan
Entry Strategy:
Now on spot trading and wait until there is a good opportunity to take gains out. Simple as that!
Timing:
The breakout is imminent, as indicated by the chart's technical structure. This is a time-sensitive opportunity, so ensure you are ready to act as the market shows signs of upward movement.
Time to invest is NOW before the price takes off due to the strong bullish momentum and the upcoming developments in the Velas ecosystem.
Conclusion
The current price of WAGYUSWAP is a golden opportunity for investors. With the development of the Velas fork for Solana, the potential for massive upside is clear. The price action shows bullish momentum, and the technical indicators suggest a strong continuation of the trend.
USDT.D updateWave A of this correctional pattern extended greatly to bring a lot of profit to many #AltCoins in #Crypto Market
However, it seems that wave is finished & we may start another correctional pattern to fill in wave B
So what does it mean?
It means that we may see some up & down in crypto market for the market makers to gather enough liquidity to continue on our big pattern so do not attempt to open new positions blindly anymore
Bitcoin on the Path to Unprecedented Success. Trade plan!Technical Analysis for Bitcoin (BTC/USD)
Chart Observations
Falling Wedge Pattern:
A bullish reversal pattern is forming, indicating potential upward momentum if the price breaks above the resistance trendline.
Breakout scenarios typically target the previous high or a significant resistance level.
Support and Resistance Zones:
Resistance Zone: Around $91,000-$92,000, visible as the upper orange zone.
Support Zone: Around $78,000-$79,000, visible as the lower orange zone.
Indicators:
RSI (Relative Strength Index): Currently at 38.08, showing oversold conditions and a potential for upward momentum.
Stochastic Oscillator: Indicates bullish divergence with oversold conditions, suggesting a potential upward price movement.
HMA (Hull Moving Average): Neutral to slightly bullish, sitting at 53.63.
Money Flow Index (MFI): Showing outflows (red), indicating possible selling pressure.
Volume:
Relatively low, suggesting a lack of conviction in either direction. A breakout accompanied by high volume will confirm the next major move.
Divergences:
Visible bullish divergences on the VMC Cipher B suggest a potential reversal if the falling wedge resistance is broken.
Trading Plan
Scenario 1: Bullish Breakout
Trigger: Break and close above the falling wedge resistance with strong volume confirmation.
Entry: Place a long position at $86,500-$87,000.
Targets:
First Target: $90,000 (conservative).
Second Target: $92,000 (major resistance zone).
Stop Loss: Below the wedge breakout level at $84,500.
Risk-Reward Ratio: Aim for 3:1.
Scenario 2: Bearish Breakdown
Trigger: Break and close below the wedge support with strong volume.
Entry: Place a short position at $84,000-$83,500.
Targets:
First Target: $80,000 (conservative).
Second Target: $78,000 (lower support zone).
Stop Loss: Above the wedge support at $86,000.
Risk-Reward Ratio: Aim for 3:1.
Risk Management
Allocate 1-2% of your portfolio per trade.
Monitor key levels and indicators, particularly volume spikes, RSI, and stochastic trends.
Keep an eye on macro news and Bitcoin-related announcements that could influence market sentiment.
If the price remains range-bound within the wedge, avoid over-trading and wait for a breakout confirmation.
Ensure all trades are backed by stop-loss orders to manage potential losses effectively.
BTC brief move 1hMITIGATION
FVG
CHOCO
OVER BOUGHT
Please set stop loss always
There is always next opportunity
Confirmation check
3 RULES
Buy
Sell
Wait
FOLLOW YOUR TRAIND SYSTEM FOR LONG RUN
Compare BTC DOT ATOM It seems that Bitcoin has grown a lot compared to the currencies of Polkadat and Atom. Of course, it is not a correct comparison, but this shows that the way for Atom and Polkadat to move will be much smoother due to the developments that will happen in their networks.
USDT dominance chart update details: “death cross” has formed, where a short-term moving average (possibly the 50-day, shown in red) has crossed below a long-term moving average (possibly the 200-day, in green). This pattern typically suggests a bearish signal, indicating the potential for further declines in USDT dominance.
The overall direction appears downward, with USDT dominance testing lower support areas within a descending channel.
Key support levels are marked in green and gray. The current price level is slightly above the major support area around 5.0%. The chart suggests a possible continuation downward, with the next significant support area near 4.0%.
The large downward arrow indicates a bearish outlook for USDT dominance, suggesting potential further declines toward the 4.0% range if current support levels fail to hold.
This chart indicates that if USDT dominance continues to decline, this could correlate with a potential uptrend in the broader crypto market, as money flows from stablecoins into other assets.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Bitcoin can make correction and then rise to 80K, and even moreHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price traded inside the buyer zone and soon broke the 67600 level, after which made a retest and continued to grow. In a short time, BTC rose to current support level, which coincided with the support area, and then started to decline inside the wedge. When the price fell to the 67600 support level, it entered the buyer zone, rebounded from the support line of the wedge, and started to grow. Firstly it corrected and then rebounded up to the current support level. Price broke this level, made a retest, and continued to grow to the resistance line of the wedge. Bitcoin some time traded near this line and later corrected to support line of the wedge pattern, after which it made an upward impulse. After this movement, the price exited from the wedge and now reached a new ATH (79800 points), after which made little correction. Now, it continues to rise, so, in my opinion, the price can make a correction movement and then start to grow. Also, I think it can reach new ATH, so, I set my target at 81500 points. Please share this idea with your friends and click Boost 🚀
HelenP. I Bitcoin can rise a little and then make correctionHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price declined to the trend line and then started to grow near this line. Some time later, the price broke this line and fell below, after which it continued to move up between the trend line. Then BTC broke the 2nd support level (65500) and rose a little more, after which made a correction to this level, breaking the trend line one more time. Later, price turned around and quickly rose to the trend line, broke it, and then reached support 1. After this movement, BTC made a correction below the trend line and when the price fell to 67200 points, it turned around and made a strong impulse up, breaking the trend line with 1st support level. Next, the price made a few correction and continued to move up. Now, I expect that BTCUSDT will grow to 83500 and then make a correction movement. For this case, I set my goal at 78500 points. If you like my analytics you may support me with your like/comment ❤️
DRIFT Triangle breask out soonMarket is greedy now.
Alt coin rotation is happening.
Hopefully this analysis helps you all.
Thank you,
#Make sure always set SL in case.
Market volatilityMarket volatility chart for general market direction slowing down.
Looks like Soon or later BTC will go sideway then will find out what is next direction.
Please keep an eye on volatility corresponding to market move.
Tether dominance 's LTF bounceA bullish divergence has been forming in #tether #usdt dominance chart in lower time frame. A bounce may be expected. LTF bounce in #usdtd = minor correction in #crypto
Tether Dominance is very bearish (1D)It seems that Tether Dominance has entered a large C wave.
Any return of Tether Dominance to supply is a buy opportunity in altcoins.
We expect Tether Dominance to be supported from the lower green box.
It is better to forget sell/short positions for a while!
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Tether Dominance UPDATE (4H)Due to the US election and the heavy decline and rejection, Tether Dominance is expected to reach the lower support range.
Support and resistance ranges are marked on the chart
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SOLUSDT ANALYSIS UPDATE Sol seems to have completed a diametric correction as the g wave is dwarfed another bullish trend is expected to from.
by maintaining the green range it can move towards the targets .
Closing a daily candle below the invalidation level will voilate this analysis
