opop technical analysis basically on elliott waves principle
op can be tuoch 4.41$
wait and watch...
Crypto market
RAVEN | RVNUSDT +1,000% POTENTIALHey everyone! If you missed OM Coin, which saw an 18,000% increase in value over the course of a year—trading at $0.025 in December 2023 and recently reaching a high of around $4.60—this is an example of such huge gains. Some people thought it was impossible in 2023, but it already happened in 2024. With altcoin season ahead, I’m considering a potential 1,000% gain in Raven Coin, which seems possible since its previous high was $0.2729 in March 2021. Such gains could be achievable in 2025.
This is not financial advice, just my thoughts. I recommend doing your own research before making any investment decisions. Feel free to share your ideas in the comments below. Thanks!
Next Bitcoin Long Setup at $87K
Next Bitcoin Long Setup at GETTEX:87K
Hey Crypto Enthusiasts,
I'm eyeing a LONG setup on Bitcoin (BTC) at the $87,000 mark. Here’s why this level is significant:
Historical Resistance: GETTEX:87K has previously acted as a resistance level where Bitcoin faced considerable selling pressure. Breaking this barrier could signal strong bullish momentum.
Market Sentiment: With recent posts on X discussing accumulation around this price point, there seems to be a consensus forming around this level as a potential entry point for long positions.
Technical Indicators: Technical analysis from various sources suggests that this price could be where Bitcoin consolidates before another push to new highs. Analysts are looking at GETTEX:87K as a key area for a bullish breakout, especially if Bitcoin reclaims $59,600 first, which could act as a springboard.
Market Dynamics: The surge past GETTEX:87K in November 2024, coupled with significant institutional inflows and a post-election rally, indicates that this level could be a pivot for the next leg up. With Bitcoin ETF volumes soaring and daily network inflows robust, the stage seems set for a possible rally.
My Strategy:
Entry Point: I'm setting my limit orders around $86,386, just below the GETTEX:87K mark, to catch any dip buying opportunities.
Stop Loss: Manual stop loss below $83,831 on a 4-hour close to protect against unexpected drops.
Targets: Aiming for new highs, with immediate targets at $93K and $96.5K, based on current market liquidity and futures data.
Remember, always do your own research and manage risk appropriately. The crypto market can be volatile, and this is just one perspective on a potential setup.
Stay tuned for updates, and let's see if Bitcoin can make another significant move!
Merry Christmas!
#Bitcoin #CryptoTrading #LongSetup
This is not financial advice
Wave4 is complete, here setup for wave5CRYPTOCAP:OTHERS setup very much same to CRYPTOCAP:TOTAL3 only difference is level of wave4 retracement - 0.62 compare to regular 0.5 on TOTAL3 that is more common for wave4. But consider that OTHERS consist more meme coins its no surprise it have deeper retrace. Both wave2 and wave4 completed same sized wave correction.
But even with such deep retrace its not overlapping with wave1, thus regular targets as 420B(1.272) or 515B(1.618) are what can be expected based on closed price projection. 1.272 provide reasonable projection and stay within monthly range, but consider fact this index of everything but top10 it can skew on extremes easily.
And there more conservative/alternative way to calculate projection that give us zone of 400B-455B of interest.
Timing wise, last 3 times crypto peaked around December plus minus month. But all previous bulls markets have 24-28 month cycle from lowest monthly bar of bear market. Thus making this December - 24 bar peak on low end and early spring on high end to reach it.
SATX/USDTThe best price to buy is now. A project that works with Bitcoin security is sure to grow significantly. If you buy now, you are one step ahead of others
FXS Breakout Wedge PatternFXS breakout wege pattern in mid timeframe
I think it could retest then up only if not back to range wedge
$INJ: Bullish reversal detected on the $INJ daily timeframe.CRYPTOCAP:INJ is a highly underrated project with immense potential. As part of the Cosmos ecosystem, it boasts a state-of-the-art blockchain featuring advanced tools, high speed, and low gas fees.
I’ve been tracking CRYPTOCAP:INJ closely as one of my favorite tech projects. While it’s not as popular as CRYPTOCAP:SUI , I have strong faith in its technology and long-term potential.
Looking at the charts, CRYPTOCAP:INJ has underperformed compared to other altcoins due to a bearish correction on the daily timeframe. However, this correction seems to be nearing its end.
With the weekly timeframe still showing bullish momentum, CRYPTOCAP:INJ appears primed for a double push-up. Based on this analysis, I anticipate a strong rally, potentially reaching $30 and even $40 within the next month or two.
DYOR!
BTC USD IdeaWe are closely looking level 90,682.58 on the BTC/USD pair. It appears the market is entering a bearish pullback towards the end of the year. On the order book, we see large funds selling positions to secure year-end profits. We consider this market condition a pullback phase if we break through the 90,682.58 fractal low. This is normal and occurs every December in the markets. Overall, we only scalp trade during December and January, without expecting any significant moves. We will keep you posted if volume returns to the markets.
View Of #BTC for 2025 on 2D Time FrameMy target of 1 #BTC = 100K$ is completed. Now, on 12/24/2024, I update my new technical analysis of #BTC for 2025.
The red top 3 can stop anywhere in the 108K-130K zone.
The blue 12345 is the small wave of the red wave 3.
The blue top 5 can also stop anywhere in the 108K-130K zone to create the red top 3.
Supposing the red wave 3 ended at the 108K peak, the blue 4 will not stop in the 92K-85K zone, but there will be a D1 candle closing below 85K to confirm that the price can go deeper to the red bottom 4 before continuing to increase in price according to the red wave 5.
NOT correction is not over !#NOT made a nice pattern like ABCDE this pattern can be a sign of another drop after that the main ABC pattern is done and we go to a big rising trend !
btc may drop: 82k.BTC: is facing a short-term decline, after the decline comes an opportunity (new rising wave).
btc price drop: 82k.
This is a wave pattern scenario with BTC.
SEI M PATTERN and BULLISH DIV SEI M Pattern long end target, bullish div to support
0.80 cent is target 0.67 for safety.
Keeping it simple BTC could mess this up though.
ETH Secondary trend. Channel. Potential triangle. 25 12 24Logarithm. Time frame 3 days.
With altcoins (overflow of profits from bitcoin, now) along with XRP this is asset #1 for pumping, the reason for this is liquidity, which is extremely necessary for large capital. The average price of 1 distribution zone is conditionally 10 thousand. These are not the maximums of the cycle.
When the price lingers in this zone and there is a massive positive news background, all L2 assets, which are now in their accumulation zones, or in retests of breakout zones, will "fly" to super pumps (this is what it is). In percentage terms, they will show an order of magnitude greater profit in their distribution zones. Remember, as a rule, such assets (low liquidity) are first pumped by an aggressive pump (to leave in parts, without regret) by a huge %, and only then is a distribution zone formed on a rollback (channel, triangle ...) (hope for a huge profit on the continuation of the pump).
This idea is a continuation of this idea (which I can't update) of a secondary trend, the goals of which have been achieved with utmost precision:
ETH/USD Secondary trend. Bullish triangle. Breakout. Target 96% 11 11 2023
It is worth noting that now in the news background: "ether is bad" , huge fake short positions for the news background. Many crypto media personalities speak negatively about the “prospects” of this very promising cryptocurrency of the “American” (Jewish) transnational financial conglomerate JPMorgan Chase (size of depository assets — $ 32.4 trillion, size of assets under administration — $ 7.7 trillion, etc.). What kind of lack of prospects can we talk about??
If they “stink” a lot to create public opinion, then there is probably an interested party in this. That is, it is worth doing everything the opposite of what they want to inspire, and as a result, tilt supply/demand in a favorable direction, which, as a rule, is always unprofitable for most market participants.
If you are an investor , then buy at any price (you can use martingale in parts, or place trigger orders for a breakthrough of important zones), and do not be interested in the opinion of the majority (meaningless market noise) and the news background (manipulation, deception). Sell in the distribution zone (time is known in advance when, 2 zones) with a huge profit, as for a liquid trading instrument.
If you are a small investor or trader , then pay attention to the L2 group of assets and ETC (big pump “stick”), and use ETH itself as an indicator of “when”.
Also, the idea shows an unlikely scenario, or rather two scenarios. Consider this in your risk management.
The idea of the main trend , published several years ago. Which, of course, is still relevant now. Everything develops organically, and extremely precisely according to plan.
ETH/USD Main trend Pump/dump cycles. Accumulation/Distribution 8 09 2022
Trend in general for clarity now.
locally this potential triangle (it doesn't exist yet) looks like this.
Let's go XRPHoping to stay sideways, the longer the better. So far the move appears to be a set of threes in a contracting manner, anticipating an ABCDE triangle and a continuation UP!
THE And retest the floor .THE has a rank of 434 and a market size of 115M dollars and Max No of 326M tokens as well as a long list of exchanges have listed it, it is expected to have a bright future.
Also, according to the chart, a strong support level has been formed around $1.1, and looking at Bitcoin in the last few days, it has maintained its growth trend.
It is also possible that THE will test its floor for the third time. After this stage, it will prepare to return to the resistance level of $1.84 and even touch the level of $2.
Good luck .
Timelapse of BTC's Daily ActionBTC Daily Action Levels Annotations
Highlight major support and resistance levels in the timelapse.
Annotate key pivot points where the price action reversed or consolidated.
Mark critical breakout and breakdown levels with arrows or boxes to emphasize their impact.
"Timelapse of BTC's Daily Action 🎥📈" Post: "Watch BTC's daily price action unfold in this timelapse! 🚀
📍 Key levels annotated to showcase their significance.
🔍 Did the market respect these levels, or did it break away?
Share your thoughts below! #BTC #Crypto #Trading"
Tezos looks promising !Tezos has a great potential to grow massively. Don't hit it hard, but above 1.8$, it's safe to buy.
DOT/USDTThe path I have in mind for this chart is this:
Maybe it will happen, maybe it won't happen
Who knows??
Bitcoin price is on a crossroadHello, Traders!
After reaching a new ATH at $108k, Bitcoin experienced a significant drop following Jerome Powell's speech that the Fed cannot hold Bitcoin and is not seeking to change that, which seems to have caused some uncertainty in the market. As a result, BTC price saw a steep decline, but it recently rebounded, almost touching the $100k level again.
The current focus for Bitcoin is a critical support area at around $91k. This area has held up well in recent price action, and we saw a recovery bounce from this region again. There is a strong chance that BTC could revisit this support area in the coming days, and it could provide another opportunity for a potential rebound. This support area is essential because it represents a significant price range where buyers have stepped in to defend the uptrend.
If Bitcoin does test this zone again and holds above $91k, the probability of a further upward move remains high.
In addition to the immediate price action, there’s a key factor to consider: the monthly candle close. Bitcoin needs to close the current monthly candle above $96k for the market to maintain its bullish sentiment. A green monthly close at this level would provide strong confirmation that the overall trend remains intact and that BTC is on track for further price appreciation.
The next few days are critical for determining whether BTC can sustain momentum to close the month in the green. If Bitcoin can hold above $96k by the end of the month, it would signal that the upward trend is still in play and that a continuation toward higher levels could be on the horizon.
Looking ahead to next week, there are two possible scenarios:
1. Continued Support Test: Bitcoin may dip back towards the $91k support area. If this area holds strong, it could set up another bullish reversal, targeting a move back toward the $100k area or even beyond.
2. Break Below Support: If Bitcoin fails to maintain support in the $91k area, we could see further downside, potentially testing lower levels. In this case, caution is warranted, as the next major support zone would be considerably lower.
Conclusion
The next week could be crucial for Bitcoin’s price action. A monthly candle close above $96k would reinforce the bullish outlook, but if Bitcoin fails to hold support or closes the month in red, we may see more volatility in the near term.
Please don’t forget to boost this idea and leave your comments below.
