Head and SouldersXRP retraced, settling itself at a lower low and a new resistance. A head and shoulders formed, signaling a rally short trade. I believe XRP will bounce and retrace, possibly dropping below $0.50. The previous head and shoulders from Nov 23 to Jan 24 caused XRP to dip below $0.50, and then it rallied after the dip. The previous head and shoulders formed in a 3-month window, identical to its recent head and shoulders that started at the beginning of July 2024.
Support - 0.50
Resistance - 0.57
Momentum - Selling
Fear & Greed Index (Binance) - Neutral 50
Bear vs Bull - Bearish
Fundamental analysis: A major factor in the dip was a whale selloff at approximately 32% volume. Market sentiment appears mixed, with some analysts indicating that the current price movements reflect manipulation and uncertainty in the market.
Whales
DreamAnalysis | CRVUSDT Whales Exiting Positions👋 Welcome back to DreamAnalysis! Today, we’re analyzing CRV (Curve), a major player in the DeFi space, and exploring its future potential.
🔍 What is Curve (CRV)? Curve is a decentralized finance (DeFi) platform specifically designed for the efficient exchange of stablecoins and similar low-volatility assets. Using liquidity pools and automated market-making (AMM) algorithms, Curve allows users to trade their digital assets with lower transaction fees and minimal price slippage.
📊 Weekly Timeframe Analysis: Key Support Lost
In the weekly timeframe, we lost a crucial support level at 0.4070, resulting in a massive 40% drop. After this steep decline, a new support has formed. This drop occurred with significant volume, and it’s clear that most whales have exited their CRV positions, leading to a sharp reduction in total value locked (TVL) on the Curve platform. Many of these whales seem to have migrated to AAVE.
⚠️ Selling Strategy: If you haven’t sold your CRV yet, it’s recommended to sell after a break below 0.2441. Until CRV recovers above 0.4070, it’s too risky to consider buying.
📈 Daily Timeframe Analysis: Sellers in Control
On the daily timeframe, the downtrend continues. We were unable to break above the previous high at 0.3517, highlighting the strength of sellers.
We are currently sitting on a significant support level, but if it breaks, further declines are likely. Given the lack of support from whales and major holders, a further drop seems more probable.
📉 RSI Watch: If this support is broken and RSI enters the oversold zone, crossing below 26.28, we could see an even more severe decline.
⏳ 4-Hour Timeframe Analysis: Short-Term Range
In the 4-hour timeframe, after getting rejected at the 0.3193 resistance, CRV has now dropped into a short-term range between 0.2496 and 0.2650.
📉 Short Position:
Our trigger for a short position is clear. After a break below 0.2496, you can open a short position with a target of 0.2245.
📈 Long Position:
For long positions, better coins are available, like SUI. However, if necessary, you can consider opening a long position after breaking above 0.2650, but only if a higher high and higher low form. Be warned—this is a highly risky move.
🔍 Conclusion: At the moment, CRV shows more bearish potential. It’s crucial to manage risk, wait for confirmed signals, and keep an eye on market developments before taking any action.
💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze.
📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.
You are a Fish - LaPlaces Demon Will Help You Escape BTC-WhalesHey Future Demons
Lets jump right into the TA.
1. We are in a huge liquidity zone (50k-65k), where the whales have been stop hunting retailers fish for many months.
2. For the above mentioned reason it is normally a good idea to stay out of the market. We don't want to gamble. It's all about money protection and the right mindset.
3. When that is said we are right now in an expanding descending wedge, which is a bullish pattern. I know it's not the perfect example according to classical charting, but since the market is heavily manipulated, it's still a bullish structure.
4. Also the last 24 hours we saw BTC increase with around 3 %, and The Global Market Cap a little bit less. We saw an increase in volume with around 34 %, which also is a bullish sign.
5. Most people are bearish at the moment, but I believe it's a good time to be a contrarian, and go Long. But be careful in this market. Its extremely hard atm.
Kind Regards
LaPlaces Demon
PS. Like and follow. Im here to help you from Wall Street, the Elite and big whales, who will try to outsmart you.
The Ultimate Bitcoin Guide - All You Need to Know Right Now!Welcome Future Demons
Let me start by telling you about my mission. I'm here to serve you. I'm here to make you a better trader.
I will do so by exploiting the grim secrets in the markets, the plausible movements, the market psychology and all the whale-manipulation.
I will all the time remind you about the importance of mindset and money protection.
The Beginning
I will start making some predictions about the market first. I will use Bayesian Reasoning/Statistics to put credence on the different scenarios.
I get the output numbers after weighing my TA combined with geopolitics, and market- and whale psychology.
I want to make it clear, that I never make any trades alone from these Bayesian Scenarios, nor should you, but they will always serve as a fundament for my trades.
The Predictions
The 2 most important mid term scenarios to be aware of:
1. We will go up around 85k in this cycle, but we will not surpass 100,000 USD. Hereafter we will go below 30k. Bayesian 62 %.
2. We will not get a new ATH, and we will go down below 30k now. Bayesian 38 %.
"Long" Term Prediction:
3. After we hit 30k USD, not only crypto, but also stocks will go into a hard bear market, and we will see a Depression similar to in the 1930s.
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Why?
Mid-term:
1. The crypto market has been behind the stock market for a long time. In fact it has been pretty much ignored due to all the money, whales have been making in especially AI, pharma and war (E.g. Nvidia, Apple, Microsoft, Lockheed, Novo Nordisk). Both Apple, Microsoft and NVIDIA have market caps above 3 T USD compared to cryptos total Global Market Cap at 2 T USD.
Therefore when the stock market soon will collapse it's not unlikely that some of the money will enter especially BTC. I will predict that most will go into Gold though.
2. 100k in this cycle is unlikely due to the psychological nature of the number 100k. Bitcoin is simply not ripe enough for such a high price. Ask your self, your friends or any retailer if they are ready to buy BTC at 100k?
Exactly. Remember that whales don't make money by pushing the price as high as possible. To make money, they need to sell at a price which requires buyers.
What most likely will happen is, that the whales will try to push the price to squeeze the last money out of retailers. Retailers will FOMO in all the way below 100k hoping for a miracle to occur, but around 85k-90kish, boom, the whales will start to schock mass sell.
3. That we will go below 30k in this cycle is super likely. History repeats it self, and Bitcoin usually drops at least 80 % every cycle.
"Long" Term
1. We haven't had a real bear market for 15 years in stocks. Usually we have one every 7 years. We have never before seen such a rise. FED has been printing money like crazy just to give them out to private banks and hedge funds, so they can buy more stocks, and bait retailers into buying more and more.
Soon the same whales will mass sell, and become even more rich while the poor will be more poor. The gap between rich and poor is now even bigger than before, which is a catastrophe for all low- and mid-income people, since it will lead to hyperinflation, and eventually a depression for at least a couple of years.
That is also why you need to be aware of it, and if you are in the markets atm you should consider to secure some of your money asap. Then you just wait for the depression phase, where you slowly can start to accumulate again. Don't be greedy, my friends.
What should You do now?
Right now the best thing is to stay out of the market. The price is dancing around 57k, and we are in a big liquidity zone, where we can expect a lot of fluctuation.
Whales love these zones, and will always try to steer the market towards them, cause they only are able to make money here. It requires zones of lots of money to make lots of money - remember that. They will continue to go up and down as long as they can to liquidate retailers.
If we make a higher high at 70k, you can go long.
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I will soon also give you concrete trading ideas too. Please follow me - it will make me happy.
Kind Regards
Laplace's Demon
PS. Remember to be grateful for the small things in life, and strive not to focus on what you don't have.
Aave | whales accumulating?The price of EURONEXT:AAVE suddenly skyrocketed by ~30 % in the past 10 hours, which seems to be related to the whale"0x5a80". Whale"0x5a80" has accumulated 182,152 EURONEXT:AAVE ($ 13.2M) from exchanges through multiple addresses in the past 10 hours. and currently holds 399,585 EURONEXT:AAVE ( FWB:30M ).
The price of Aave is $ 75 today with a 24hour trading volume of 520 million dollar. This represents a 32% price increase in the last 24 hours and a 50% price increase in the past 7 days. With a circulating supply of 14 Million AAVE, Aave is valued at a market cap of 1.1 billion dollar.
Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral.the protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner.
if whales keep buying and breaks the down trend then 77 and 79$ are next targets
many alts pumping now thanks to BTC jump
BTC/USDT WILL DCA WHALES EXPLODE BTC AFTER 74K TO 100KThank you for reading this update.
Bitcoin (BTC) appears to be in a crucial area known as the Dollar-Cost Averaging (DCA) whale protection zone. This zone is significant for maintaining the current trend, as it acts as a security zone for the ongoing DCA cycle, which remains intact.
We have been tracking BTC since it reached $53K and are now monitoring it as it approaches the next target of $74K. If BTC can confirm a move to $74K, there is a high likelihood of a major breakout to $100K.
We find it essential to stay updated with the volume trends and observe the cycle's progress.
At this moment there is no confirmation for a breakdown trend and BTC stays positive and into the cycle.
Data shows that high-volume DCA whales are not investigating for just the short term, it's a goal that can take at least 6m+, and this can be tracked depending on the transaction data.
* With DCA whales means the known large firms and the unknowns holding wallets.
BTCUSDAfter doing top-down analysis I can see that we've hit the monthly resistance level and was unable to break through it. Although major influencers and government official have spoken about FUSIONMARKETS:BTCUSD going to ATH's as of right now it's not happening. We are in a premium array so i'm looking to short sell for a bit.
BE READY FOR THE BEST CYCLE COIN 2024 WLD/USDT This is an update on 2024 (cycle trend)
Depending on our study WLDUSDT has a high chance to go new ATH And target between $8 - $15
The cycle started today on this coin and with this 2024 update, we will save showing high interest for a new cycle.
Check update ideas
We expect that WLD will become the best top coin cycle coin of the known top coins 2024
interesting updates coming by the coin and data shows a new cycle start.
BTC HOLDING CYCLE PRICE ACTION AND CAN RETURN 65KBTC did break down in the last hours, but it is holding still the cycle trend.
BTC has still a high chance to return from this point trend of 60K to a level of 65K
BTC has many corrections on the way, and BTC was able to recover every time again.
sometimes it's better for BTC to get a correction to have a strong volume for an uptrend.
WE have seen last weeks BTC had issues with volume.
MASA SHOWS SINGALS OF BREAK IN THE COMING TIME $0,15MASA is an interesting trend we're watching time by time. We think there's a good chance this coin will rise and could potentially reach $0.15. Over the long term, it might show even more positive results.
We expect this because the latest data shows growing interest and increased trading volume. Recently, the coin had a dip, but now it looks like it's starting to go up again.
We'll keep an eye on this coin for two main targets:
$0.09
$0.15
Let's see what impact this coin will have. more updates here below with
new time frames.
The chart shows an example of how a target could go to the end price action, but it does not thats it should go the same way. we know that sometimes a break needs confirmation time.
not every coin can become successful for a trader, but a good trader follows the coin that has the most chance to increase and break in that time frames.
Like and follow for more.
The best trades for everyone!
bitcoin triangle going to break. keep watching!!!!!!we are in the last hour of the btc triangle life, if we break above and close our 4H body candle, we will see a good bounce from here.
for certain and better long we can Waite for grey line which price is 69375 to break and candle body close above.
don't panic and stay calm till good break candle, then catch it up.
good luck wolfies.
#btc #bitcoin #pump #money #cashflow #profit
OP LongAfter a long wait, I am currently waiting for this pair to give me my confirmation for a long position.
Price already in my area of value, just waiting for the market to tell me to get in on a Buy.
Buy bias for the coming Months.
Hello Friends!
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**First Scenario - Long:**
Initial Target: $3.3
Entry: $2.4
Stoploss: 2.2
**Second Scenario - Short:**
It's already tested at $3 in price.
Less probability of going down, but if you're shorting, double-check your stop loss.
In a general bear market, prices can drop to $1.8 or $1.6 if they go below $2.2 level.
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Take into consideration:
Holders have been rising since the start of the year.
Psychological Resistance at $4
Psychological Support at $1.8
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NFA
DYOR
Good Luck!
⚠️Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.
Possible (roughly estimated) Wyckoff cycle on BTCUSDThis is what I think may happen with BTCUSD based on Wyckoff cycles. I haven't checked the fibs or anything, so prices may be a bit inaccurate, but basically it works like this. Note that the prices here haven't been checked at all, and at the end of the day they don't really matter aside from the fact that market-movers know people look at them and use them to try to predict the market, which is nearly impossible unless you have enough money to set the market in your favor.
The people controlling the price (whales, institutions) can set walls wherever they want. They can cause the price to either oscillate within a range, to go up, or to go down. They are counting on human emotion (FOMO/ FUD) to drive the price one way or another.
Note also that, during cycles of Accumulation or Distribution, they are still accumulating during the lows of the Distribution cycles or the highs of the Accumulation cycles. So within these cycles are cycles of a lower magnitude.
The point is, the price is going to keep going up, because the asset has a fixed supply. They can prey on human emotion and lack of market education to predict what "most people" (the fish) will do. At the same time, they hold enough to setup walls and keep the price within certain ranges, allowing them to sell at the highs of that range and buy back in at the lows of the range.
This sounds stupid, because it literally is "sell high / buy low". In this case though, it isn't really all that stupid, because they can set the high and lows by creating buy and sell walls wherever they want to. Only a more powerful whale can really break their ranges, but that's pointless because it is in their best interest to work together and take the money from people trading on the daily, hourly and even sub-hourly oscillations. After all, they aren't counting on something going "to da moon" to pay their bills. They have enough money to survive a crash, or to capitalize on a "breakout" (which is when they stop selling and keeping the price within a range).
Most of these prices will look random, which they kind of are. But it's like putting 5 metronomes on a platform with a couple of cylinders beneath it - eventually the metronomes sync up. So their goal is less to "make money on this next day" than it is to "figure out a range that works in our best interest, and keep it going for as long as the little guys keep playing ball". Once smaller-time investors (people who have to go to work or are counting on good trades to pay their bills) dry up, they simply stop holding the price down and let people continue to buy. These are the people you should be following, because ultimately, they control the price.
That's the beautiful thing about Bitcoin. Its value is not predicated upon who has the most missiles, or who is developing some groundbreaking new technology. It is only predicated upon the assumption that it works, which it does (as a means of transferring value from one individual to another in a secure manner).
Altcoins are typically people trying to "print more bitcoin" by piggybacking off of the crypto movement in general and hoping enough fish bite the hooks. There are very, very few altcoins that have any intrinsic value which Bitcoin doesn't already have. I can't even think of one right now, so if you can please let me know.
XRP Whales Hordes 74 Mil Coins: A Prelude to an Impending Rally?Recently, CRYPTOCAP:XRP , the Ripple-backed token, made waves as it witnessed a significant accumulation of 73.81 million coins from the renowned exchange, Binance.
The news rippled through the crypto community, sparking a flurry of speculation and optimism about the future trajectory of $XRP. At a time when the market is rife with uncertainty, such pronounced movements from whales serve as beacons of hope, hinting at potential bullish momentum on the horizon.
According to data from Whale Alert, four substantial transactions saw CRYPTOCAP:XRP being accumulated from Binance, amounting to a staggering $45.87 million worth of the digital asset. These transactions, orchestrated by anonymous wallets, underscore a growing confidence in CRYPTOCAP:XRP 's long-term prospects, despite the current red trading charts.
The sheer scale of these accumulations has ignited curiosity and anticipation among traders and investors worldwide. It's a testament to the resilience and underlying value perceived within the CRYPTOCAP:XRP ecosystem, even in the face of short-term price fluctuations.
However, the contrasting price action of CRYPTOCAP:XRP amidst these accumulations raises intriguing questions about market dynamics. While the CRYPTOCAP:XRP experienced a modest drop of 0.46% over the past 24 hours, bullish sentiment continues to permeate derivative markets. Data from Coinglass indicates a surge in open interest and trading volume, accompanied by a rise in the token's funding rate. These indicators suggest a growing influx of capital and heightened market activity, laying the groundwork for a potential breakout.
In the midst of this fervor, voices within the crypto community are amplifying the optimism surrounding XRP's future trajectory. Pro-XRP advocate Bill Morgan boldly predicts a new all-time high for the token in 2024, adding fuel to the bullish narrative. Meanwhile, analysts such as Egrag Crypto and Dark Defender maintain their bullish outlook, underscoring XRP's potential to surge towards the coveted $1 mark.
The accumulation of CRYPTOCAP:XRP by whales from Binance serves as a tangible expression of confidence in the asset's fundamentals and long-term viability. It's a signal to the broader market that significant players are betting on CRYPTOCAP:XRP 's resurgence, despite the prevailing market conditions.
As the crypto market continues to evolve and mature, events like these remind us of the intricate interplay between investor sentiment, market dynamics, and fundamental value. While short-term price movements may fluctuate, the underlying fundamentals of projects like CRYPTOCAP:XRP remain robust, offering a beacon of hope for those who dare to dream of a brighter future in the world of digital assets.
Whales accumulate on the timid and the weak or just inexperienceWe see this quite often in BTC, Especially at ATH levels where inexperienced speculators flood into the space dreaming of bitcoin millions but really are not believers. Whales feed, normies Bleed might be a good Alternate title.
we continue to see resistance flipped support on an ATH, heavy action to get the Chart watchers who Zoom way in and watch charts on 1 and 5 minute intervals in awe of Bitcoins ability to gain 1000 dollars in value in what amounts to a trip to the fridge. These same people also panic buy rallys and panic sell reversals.
I cannot stress enough that if you are new to crypto, have some thoughts that it is a scam, that it is not a real world asset or any other doubt, but you cannot deny that people are making money and you like money too, right?
Right? Well, If you like money, why do you give it away?
Let me guess , I know the answer I think, it's simple isn't it.
You like money and you made a mistake, what are you doing messing with this crypto business anyway, you should have trusted your initial feelings of doubt and stayed far away and you just want out, if you've lost 30% and its only been a few hours you may as well count your blessings you've even got that left, better get out fast before Bitcoin goes into the negatives and your on the street eating from the trash. Right?
Hold on, Stop that thinking, you've fallen for the okie doak and are a mark, a sucker, rube, ok ok ok , that isn't productive but now that we've established that, what now?
Cash out, sell your electronics, move to a commune and worship the water nymph queen who above all things else is the true expression of feminine purity in a world controlled by the patriarch. Listen, I don't want to slap you and have no clue what any of that means, but let me tell you something. I was once you, well, almost, but in spirit, yes.
Until I learned "How to take BTC Whales to the ground with this one trick"
Yes, and its simple, Don't sell at a loss. Just don't
BTC ON THE WAY TO 48K WITH THIS CYCLE TRENDThanks for reading this update.
BTC seems to enter an important volume where we expect that BTC have a high chance of breaking the 48K soon.
Remember. There is not way that is going directly to trend, BTC will play all possible trends to go to the goal. The trend is your friend.
44K is a key level and same time a break level for new volume which will make the trend bullish.
Our data shows us that the possibility that BTC will break is high.
BTC has been since OCT 2023 in a cycle trend that still is active.
We did expect before the breakdown of BTC with the same data to below 40K
And with the same data we did expect before the increase below 40K to 43K
The new update shows an expected 44K which still is running.
BTC plays in zones, the best way is the turtle way with following the right trend
This is not trading advice and guarantee for the trend.