Chainlink has formed a robust support level between $9-$11, holding steady four times on the daily chart and now showing signs of a breakout! 📈 Key Highlights: 📊 Decisive Break Above $11.50 Resistance: LINK has surged past the $11.50 mark, signaling a strong uptrend formation. 💪 Strong HVN Support: A significant High Volume Node around the $11 region reinforces...
Trade Thesis: TAO has been performing exceptionally well recently. Bitcoin (BTC) is firmly supported at the $60,000 level and is bouncing back, providing positive confluence for TAO. TAO's 1-hour Relative Strength Index (RSI) is oversold, indicating potential bullish momentum. The confluence of TAO bouncing off the psychological round number support at $500,...
Overview: Binance Coin CRYPTOCAP:BNB is presenting a high-probability long opportunity backed by multiple confluence factors, akin to the "holy grail" of trading setups. With Bitcoin (BTC) holding the $60,000 level and bouncing back, both BNB and BTC are exhibiting bullish divergence on the 1-hour chart. BNB is firmly supported at the $535-$545 range, hitting...
WIF is showing signs of a potential bullish move after bouncing hard off of the previous support level at $2.25 - $2.30. This bounce occurs right above a significant High Volume Node (HVN), indicating strong buying pressure. Additionally, the price has crossed above the VWAP and the 13 & 21 EMAs on the 15-minute chart, while the RSI is crossing 50 on the 1-hour...
CRYPTOCAP:BTC (BTCUSD) is exhibiting strong signs of a potential bullish move. The support zone between $62,500 and $63,000 has held firm 5-6 times on the 1-hour chart, indicating robust buying interest. This area is further reinforced by a substantial High Volume Node (HVN) right below it, suggesting significant trading activity and support, adding a layer of...
Trade Thesis: Ethereum (ETHUSDT) is flashing several bearish signals that suggest a potential significant downside move. With Bitcoin ( CRYPTOCAP:BTC ) in a short-term downtrend, ETH appears poised to follow suit. Here's why this setup could be a high-probability short opportunity. Technical Analysis: Strong Overhead Resistance at $2700: Key Resistance Level:...
Solana (SOLUSDT) is exhibiting several bearish signals suggesting a potential short setup. With Bitcoin (BTC) rejecting the $55,000 - $56,000 resistance area as anticipated, Solana appears to be following suit. Here's a comprehensive analysis of why SOL might be primed for a downward move. Technical Analysis: Reversal at Previous Resistance & High Volume Node...
Overview: Bitcoin (BTCUSD) is currently trading within a significant resistance zone at $65,000 - $66,000, a level that has historically hindered upward momentum. Several technical indicators are aligning to suggest a potential short-term downside move. Technical Analysis: Below VWAP & EMAs: On the 1-hour chart, BTC has fallen below the Volume Weighted Average...
MEXC:TAOUSDT.P TAO has been on an absolute tear lately, climbing over 130% in the past two weeks and showing no signs of slowing down. With the AI narrative driving immense interest in crypto projects, Bittensor’s decentralized AI approach is getting serious attention. Meanwhile, BTC sentiment remains bullish, and TAO has found strong support on the 1-hour...
As Bitcoin holds strong at the critical $57K support, all eyes are on TRON (TRX) and its ecosystem, particularly the SUN token, which is showing signs of bouncing off a significant support level. The recent market activity suggests that TRON's ecosystem, backed by Justin Sun, is gearing up for major moves, especially with the hype around upcoming innovations like...
There's a massive buzz around Sundog, the meme dog coin rumored to be linked to Justin Sun, with substantial liquidity on the Tron chain. Other Tron-based coins have been surging, and Sundog is bouncing off a key support level, offering a well-defined risk area with significant upside potential.
🚀 Long Thesis: Why CRYPTOCAP:PEPE Could Be Poised for a Major Move CRYPTOCAP:PEPE , one of the strongest meme coins in the market, has dipped to a crucial support level that has historically held firm. If you zoom out on the daily and 4-hour charts, you'll see this support has been a solid floor in the past. Meanwhile, CRYPTOCAP:BTC has found strong support...
Zooming out and examining Worldcoin, you will see it's down every single week since inception. A coin which users claim and sell will have constant sell pressure, driving the price lower & lower. It's likely that this coin will follow the path of moist altcoins, initial high, with a slow decline towards zero. Even though it's in a downtrend, it would be wise to...
Bitcoin futures are once again bouncing off resistance at the $19200-300 area. Due to the run up over the past hour, its reached the top of the regression bands on the 15 min chart and possibly due for a pullback. Since it's at the top of the channel, its a good risk to reward short as the stop would be in the $19350-400 area. The signals we are looking for is...
The daily, 4-hour, and hourly charts are all in a downward trend. In an effort to join it, i'll look for entry near the top of this channel. I'll wait for the heikin ashi candles to turn red and start rejecting near the top of the channel, in conjunction with the wave trend pointing down and hopefully divergence on the Vumanchu Cipher B indicator. At that point I...
BTC/USDT Perpetual Futures contract is approaching a key area. If it fails to break out past the 21800-21900 area, there's a good chance that it may drop to the previous consolidation zone around 20k, or drop even further to the 18900 region. That being said there's a chance for a great risk to reward trade if BTC/USDT shows signs of faltering at the 21800-21900...