SAGA LONGThe chart shows strong buyer activity with a gradual upward movement.
An ascending triangle is forming—a classic continuation pattern indicating a potential breakout to the upside. The growth potential looks positive.
SAGAUSDT.P trade ideas
Saga is likely to go up to 3~4.4$ BINANCE:SAGAUSDT
1.Week candlestick bullish sign
2.Bullish pattern breakout and retest
3.Wavy tunnel 4H,D candlestick break
SAGAUSDT 1DSAGA ~ 1D
#SAGA If you still have Conviction on this coin,. This support block would be a very good buying place for now. buy in stages with a target of 15%++
#SAGA #USDT Long Set UpLooks like we may have short term reversal. I will long it with break of 1.7309
Entry 1.7309
Stoploss 1.6396
TP-1 1.8294
TP-2 1.9319
SAGAUSDTSAGA ~ 1D
#SAGA If you still have Conviction on this coin,. This support block would be a very good buying place for now. buy in stages with a target of 15%++
SAGA Project Overview: BIG WHALE PLAY INCOMINGSAGA Project Overview
Recent Price Action
SAGA has faced a prolonged downtrend, breaking multiple support levels and hitting multi-month lows. Many investors, including our community members, hold SAGA tokens received from multiple airdrops, which are essentially "free" tokens but are currently undervalued.
Fundamental Developments
Indie Autumn: SAGA launched "Indie Autumn," a fall showcase focusing on indie talent within the gaming industry, using its proprietary Chainlet technology.
Vault Six Claims: Vault Six has recorded over 95,000 claims across different loyalty levels, showing active community participation and engagement.
Partnerships
dKloud Collaboration: SAGA’s partnership with dKloud aims to improve web3 scalability. This collaboration integrates dKloud’s deployment tools with SAGA’s Chainlets to facilitate the launch of application-specific blockchains.
Announcements
Vault Six Rewards: The distribution of Vault Six Saga tokens has begun, with further details available on Discord. SAGA also introduced Accident Forgiveness for users who missed a staking round, allowing them to maintain their loyalty status.
Vision and Innovations: CEO Becca Liao shared insights into SAGA’s vision, emphasizing the convergence of AI and crypto within its ecosystem. Additionally, the platform recently announced a new Liquidity Integration Layer (LiL) aimed at removing gas fees to improve user experience.
Social Media Engagement
Layer AI’s Activity: The team has maintained high engagement with regular tweets and Twitter Spaces, signaling active efforts to build and maintain a strong community.
SAGA Tokenomics and Vesting
SAGA’s vesting schedule shows no major upcoming unlocks, which is a positive indicator for short-term price stability. This suggests the recent downtrend may be due to market conditions rather than insider selling.
A SHORT TRADE ON SAGA/USDT.P WITH AB = CD PATTERN.Here SAGA/USDT.P is right now in bearish trend and looking to go more down towards is targeted position.
Get on Board: $SAGA Set to Take Off!It fired a strong weekly signal last week and is now retracing part of the expansion bar. I'm feeling confident about buying below $2, even down to $1.70.
The consolidation below the previous low and the subsequent reclaim of that level are very encouraging. I expect this one to outperform in Q4 once it forms a solid base above $2.
This is a relatively new launch, and it's the first time it's showing signs of a reversal.
Let’s hope CRYPTOCAP:BTC holds above $60K and that the crypto market maintains steady growth.
SAGA/USDT Analysis: Potential Bullish Reversal with Elliott WaveThe chart illustrates a potential Elliott Wave structure unfolding for SAGA/USDT on the daily timeframe. Currently, the price has dropped to the support zone of $1.6 - $1.7, suggesting the end of Wave 2, marking a potential entry point for a bullish move.
Detailed Analysis:
Elliott Wave Structure:
The potential Wave 1 reached approximately $2.58, indicating initial bullish momentum.
The price has since corrected to the $1.6 - $1.7 range, which aligns with the typical retracement levels for Wave 2, setting up a potential bullish reversal.
If this analysis holds true, Wave 3 could drive the price significantly higher, targeting resistance zones at $3.32 and $4.61. This aligns with the Fibonacci extensions typical for Wave 3.
Entry Price:
The suggested entry price is within the $1.6 - $1.7 range, where the price is currently consolidating. This level appears to be a strong support zone, increasing the likelihood of a bullish reversal.
Target Price:
The immediate target price is $3.57, which coincides with the next major resistance level and the potential completion of Wave 3. If this level is breached, the price could continue to rally towards higher resistance zones.
Key Support & Resistance Levels:
Support: $1.6 - $1.7 (current entry zone)
Resistance Levels: $2.58 (initial Wave 1 high), $3.32, and $4.61 (projected Wave 3 and Wave 5 targets).
Risk Management:
Stop Loss: A stop-loss can be placed below $1.57 to manage risk, as a break below this level may invalidate the current bullish setup.
Trade Plan Summary:
Entry Zone: $1.6 - $1.7
Take Profit: $3.57 (initial TP), with extended targets at $4.61 if bullish momentum continues.
Stop Loss: Below $1.57
Conclusion:
This analysis suggests a potential bullish reversal for SAGA/USDT, driven by the Elliott Wave count. Traders should watch for confirmation at the $1.6 - $1.7 support zone and monitor price action closely for any signs of invalidation.
SAGA Longsaga changed structure after the mitigation of the 1h demand and showed a bullish structure.
i opened a long position at the extreme and targeted a 1:2RR and hopefully, it's gonna play out.
this is not financial advice or anything, this is only my personal perspective and looks from the market.
best of luck
update on SAGAso as you can see guys we came to a higher time frame 4h demand after our previous demand got disrespected and to be honest this is looking good for three reasons:
1- we are currently bullish on the order flow.
2- price swept the liquidity to the demand.
3- the price has a reason to go up and take out all those trend-line liquidities
I will keep you updated guys as soon as I see a really good scenario so bear with me.
have a good day.
SAGA potential buyas you can see price looks very bullish in the higher time frame and currently is making a corrective move toward the 4h demand.
after the mitigation, I will wait for the confirmation in the lower time frame and look for buys. I will keep you guys updated about this position.
have a blessing day.
SAGAUSDT: Inside channel support!!Join our community and start your crypto journey today for:
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Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse SAGAUSDT for spot and futures trade.
TECHNICAL ANALYSIS:
SAGA has been trading within a channel for an extended period. The price is currently positioned just above a robust support level, suggesting potential upward momentum. Additionally, the 100-hour Exponential Moving Average (EMA) provides support, further reinforcing the bullish outlook.
Key Levels:
Support: $2.80 to $2.67
Resistance:
$3.36
$3.84
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Chart Analysis (SAGA/USDT)Chart Analysis (SAGA/USDT)
Published on Oct 10, 2024.
The 4-hour chart shows a clear support level at approximately $2.3055 (highlighted with grey boxes), where price has historically bounced off multiple times. The price action suggests a consolidation phase around this zone, with frequent tests of this support level. The recent drop from the $2.7-$2.8 range is potentially targeting this same support zone again, as seen in previous dips.
Watch for a potential bounce around this area or a breakdown below $2.3055 for further downside momentum. If a breakdown occurs, the next support levels could be around $2.1 or $2.0.
Key levels to watch:
Support: $2.3055 (major), $2.1
Resistance: $2.6, $2.8
Note: This chart is not financial advice. Please conduct further research before tradin
MY SHORT TERM TAKE ON SAGA/USDT PRICING
- Bias: Bullish
- Current Price Action:
- Saga has established a strong support at $0.8675, which has provided a solid foundation for its recent price movement.
- After breaking through a significant resistance level at $1.8603, Saga has returned to consolidate around this price, indicating the potential for further upward momentum.
- Market Structure:
- The consolidation at the previous resistance, now acting as support, is a healthy sign that the market is preparing for another move higher.
- This behavior, along with the confirmed breakout, shows strength in Saga's price action, potentially attracting more buyers.
- Catalysts:
- The ongoing Saga airdrop campaign is expected to increase demand for the token, which could act as a bullish catalyst, driving prices higher.
- Price Target:
- Based on the current market structure and bullish outlook, I anticipate Saga’s price to trend upwards towards the $4.8957 level, representing a potential significant gain if momentum continues.
This setup presents a favorable risk-to-reward opportunity for those who align with the bullish bias, particularly if Saga maintains its support at $1.8603 and benefits from its airdrop campaign.
good luch guys and always remenber to RISK WHAT YOU CAN AFFORD TO LOSE
SAGA ANALYSIS (update)🔮 #SAGA Analysis - Update 🚀🚀
💲 As we said earlier #SAGA performed the same. More than 175% done move done in #SAGA. Now we can see that there is a formation of Rounding Bottom Pattern in #SAGA and we can see a more retest before a pullback.
💸Current Price -- $2.8100
📈Target Price -- $3.5700
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAGA #Cryptocurrency #Breakout #DYOR
SAGA - Daily Bullish SignsBINANCE:SAGAUSDT coin is showing signs of a strong reversal on the daily chart, with bullish legs becoming stronger than the previous bearish ones. This suggests increasing buying pressure, and after a potential pullback, we could see more upward movement.
On the fundamental side, KRAKEN:SAGAUSD has been gaining traction since its mainnet launch in April 2024. It’s a unique Layer 1 protocol that allows developers to create dedicated chains, offering infinite scalability, interoperability, and cost-effective solutions. The project has already attracted around 350 projects, mostly in gaming, and has formed partnerships with key players like Polygon and Avalanche, which could drive its adoption further
Potential Bullish Breakout for SAGA/USDT: Cup and Handle PatternCup and Handle Pattern:
The pink curve outlines a "Cup" formation, which is a bullish reversal pattern. This is typically formed when there is a gradual rounded bottom, followed by a breakout to the upside.
The cup's depth is marked by a large percentage gain (272.58%), reflecting the potential move from the bottom of the cup to the breakout point (the green line at approximately $3.30).
Price Levels:
Current Price: Around $3.30.
Resistance Levels:
There’s a projected upward target of $6.5010, which aligns with the height of the cup pattern and indicates where the price might go following a successful breakout.
Support Level: The lower green line at $1.7944 shows a significant support area in case the price reverses downward.
Measured Moves:
The text "2.3628 (272.58%)" and "4.7561 (272.57%)" indicates that this chart predicts a possible price movement of around 272% from the breakout point if the cup-and-handle pattern plays out correctly. These values reflect the price movements from the bottom of the pattern to the top.
Blue Area:
The blue dashed line and area likely represent a possible consolidation zone or retracement (the "Handle" of the Cup and Handle pattern) before the price potentially continues upwards.
In summary, this chart suggests a bullish outlook for the SAGA/USDT pair, with a potential breakout from the cup-and-handle pattern leading to a significant price increase. However, the handle could form before the price reaches the predicted target of $6.50. Keep in mind that while this is a bullish technical setup, it’s important to manage risks and consider market conditions.
Buy Trade Strategy for SAGA: Riding the Wave of Blockchain**Buy Trade Strategy for SAGA: Riding the Wave of Blockchain Scalability**
**Descrizione**:
This trading idea revolves around **SAGA**, a cryptocurrency designed to address one of the most critical issues in blockchain technology: scalability. SAGA leverages advanced protocols that aim to optimize the performance of decentralized applications, making it an attractive asset in the evolving blockchain landscape. With its focus on enhancing transaction throughput and improving interoperability between blockchains, SAGA's potential lies in its ability to drive innovation across various sectors.
The increasing adoption of its technology, coupled with growing partnerships, strengthens its fundamentals. However, given the volatile nature of the cryptocurrency market, various factors such as regulatory developments and market sentiment can significantly affect prices. As with any investment in this space, caution is advised.
**Disclaimer**:
This trading idea is provided for educational purposes only and is not financial advice. Cryptocurrencies are speculative and involve substantial risks, including the potential for a complete loss of capital. You should perform your own research, carefully consider your financial circumstances, and consult a financial advisor before making investment decisions. Past performance is not indicative of future results.
SAGAUSDT Bullish TrendConsolidation Range : The price has been consolidating between approximately $2.60 and $3.20. This range appears to be forming a horizontal resistance level near $3.20 and a support level around $2.60.
Ascending Pattern : There is an ascending triangle forming within the consolidation range, which is generally a bullish pattern. The price is making higher lows, indicating increasing buying pressure.
Breakout Potential : The projection marked on the chart suggests that if the price breaks above the $3.20 resistance, it could potentially rally towards the $5.00 area. This is based on the height of the pattern being projected upward from the breakout point.
Volume Analysis : The volume bar at the bottom shows that there is an uptick in buying volume. If this continues, it could confirm the breakout scenario.
Support Levels : The horizontal lines also indicate previous support levels at $2.00, $1.50, and $1.00. These could act as key areas if the price faces a rejection or pulls back.
Conclusion : The chart suggests a bullish sentiment as long as the price remains within the ascending pattern and breaks above the $3.20 level with significant volume. If the breakout is confirmed, the next target would be the $5.00 level. However, a failure to break out might lead to a pullback to support levels around $2.60 or lower.
#DisclaimerON: Just sharing my thought, do with your own risk
SAGA SHORTso this is a risky one because the price is already in a demand zone and looking very bullish but it is also in the premium side of our range and if it's gonna continue to the upside possibly it got to at least retrace to the equilibrium (under the blue text line) to go up.
as soon as I saw the micro trend in 15min time frame changed structure and was looking bearish I set a sell limit at top of that micro trend in the premium zone and targeted a 1:2 RR.
the important thing here is that there is no area near the price that could cause to reverse and has a strong buy momentum, because all the structure is efficient and there is no FVG or an imbalanced demand to reverse it to the upside.
as I mentioned it is a risky one but if it works out it's a good one.
SAGA - LONG 4RSAGA - LONG 4R
Saga (SAGA) introduces a Layer 1 protocol focused on improving scalability and interoperability within the blockchain landscape. This article delves into essential questions surrounding Saga, including its features and purchasing options for SAGA coins, which will soon be available on Binance as the platform’s 51st Launchpool project.
Stop 6%
TP: 1-2-3-4R
SAGAUSDT: near strong support zone, accumulate!!Join our community and start your crypto journey today for:
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse SAGAUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets,” that provide applications with infinite horizontal scalability. Each Chainlet is a replica of the Saga Mainnet, with the same validator set and security model.
TECHNICAL ANALYSIS:
SAGA is currently trading above key moving averages, including the 50-day and 100-day MAs. These MAs are acting as support levels, indicating a potential bullish trend. The price is in a strong buying zone, and the Relative Strength Index is also at a support level. A rebound towards the resistance level is anticipated.
Entry Zone:
CMP to $1.87
Resistance Levels:
$3.35
$4.63
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