GMT will 10x in a few months! Buy nowTechnical analysis
GMT is one of the most promising coins to hold for the next few days and weeks. We can see that the price has been stuck in this rectangular trading range for almost 4 months. Now the price is ready for a massive breakout! It's good to buy GMT now, as pullbacks will probably not be available. My Elliott Wave count suggests that we are now starting a wave (3), which is usually the strongest wave of all of them! What you probably want to do is trade a breakout of the first impulse wave. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Is GMT?
GMT is the native token of the FSL ecosystem, with a fixed supply of 6 billion tokens. GMT is well used in all FSL ecosystem products to be burned, used to unlock various functions and perks.
Satoshi Lab (FSL) is a fast growing web3 product development studio. STEPN is a Web3 app that combines Game-Fi and Social-Fi elements, focusing on encouraging people to move more. Users equip NFT Sneakers to walk, jog, or run outdoors, earning tokens and mystery boxes. STEPN's goal is to promote a healthier lifestyle, help fight climate change, and introduce people to Web3.
AB=CD
XAUUSD - Pullback before another new high??FOREXCOM:XAUUSD had a fairly decent rally last week running into the 1.27% extension Butterfly level of 2192.
Now i'm looking for a retracement to Buy looking for the next move higher towards 2250 where we have 2 1.618% EXT levels to watch.
Wednesday we do have the US Interest Rate decision which will move the market some more, so until then there might be some consolidation.
Larger and smaller TF charts to follow.
Enjoy the week.
NASDAQ - Last few upside moves. CAPITALCOM:US100 is entering the last stages of this rally which could top out around 18600 -18800 depending on the patterns that show up.
I'm currently chasing the 3 Drive ABCD Pattern into the major level of 18800.
We had a nice smaller TF ABCD overnight and are moving up from that. Looking for more upside today.
FILECOIN can ascend further ! What Shall we Expect ?Hi.
COINEX:FILUSDT
✅Today, I want to analyze FIL for you in a 3D time frame so that we can have a mid-term view of FIL regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here
Adam & Eve pattern is completed and now we testing the resistance cluster of Descending Resistance + A&E neckline + 11$ Key Zone☝️
Looking for a breakout and rally📈
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Adam & Eve pattern.
🟢 AB=CD.
🟢679 Days of accumulating inside of Adam & Eve.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change.. .
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Badger - 125% in a few days! Buy now.Technical analysis
If you want to make a quick profit in a few days, buy BADGER for a 125% gain. I recommend buying this coin right now. We can see that we have a great falling wedge, bullish reversal pattern at the bottom of the trend, and the wedge is breaking out! The wedge is also confirmed, so we need to buy this coin as soon as possible. My profit target is the first swing high on the weekly chart, but I believe we can go much higher than that. From the Elliott Wave perspective, wave 3 should be in progress, and wave 3 is usually the strongest.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Fundamental analysis
What Is Badger DAO (BADGER)?
Badger DAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure of simplifying the use of Bitcoin (BTC) as collateral across many smart contract platforms.
The platform is a shared space where the developers, known as Badge Builders, have the ability to collaborate and implement Bitcoin as collateral to as many blockchains as possible. A developer can earn a percentage of the fees and BADGER tokens from the developer mining pool for every implementation. The mainnet was launched on December 3, 2020.
A builder can be a single developer, a group of developers, or even a company. There are no fixed obligations to participation requirements, and anyone can create. The pillars of Badger DAO include the Badger Builders, the community-created products, the Dedicated Badger Operations team, the fairly initial distribution of the BADGER tokens for governance and the fact that all of the code is open-sourced.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
GRT can 10x in a few weeks! Best time to buy now?Technical analysis
GRT looks extremely good on the weekly chart. We can see that the downtrend ended on a breakout of the red trendline, and since then, the price has been going upward. I believe this coin will 10x in 2024 if you buy it at the current price. We should hit an all-time high in 2024, and in 2025, this coin will continue in the price discovery! Put a stop-loss below my support zone!
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Makes The Graph coin Unique?
The Graph is working to bring reliable decentralized public infrastructure to the mainstream market. To ensure economic security of The Graph Network and the integrity of data being queried, participants use Graph Token (GRT). GRT is a work token that is locked-up by Indexers, Curators and Delegators in order to provide indexing and curating services to the network.
GRT will be an ERC-20 token on the Ethereum blockchain, used to allocate resources in the network. Active Indexers, Curators and Delegators can earn income from the network proportional to the amount of work they perform and their GRT stake. Indexers earn indexing rewards (new issuance) and query fees, while Curators earn a portion of query fees for the subgraphs they signal on. Delegators earn a portion of income earned by the Indexer they delegate to.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
ADA - Buy now for 2000% profit, forget about BTCTechnical analysis
The price of ADA is still very low compared to BTC. While BTC is almost at the previous all-time high from 2022, Cardano is below 0.236 FIB. Whales never pump all coins together, they need to pump it individually to make as much money as possible. ADA is still one of the coin that is waiting for an explosive move, that's why I suggest you to buy ADA as soon as possible. From a technical perspective ADA formed a bullish flag pattern on the weekly chart and this pattern will be confirmed very soon. To confirm it we need to break above the previous swing high of 0.68. My Elliott Wave count suggests that we have a strong bullish nest (1),(1),-1-,-2- and wave (3)-3- is starting! This is a dream of every Elliott Wave trader.
We can see that the price broke out of the long lasting accumulation phase on the weekly chart and already made a pullback to the edge of it. The retest was successful and we can start a strong pump! On the chart you can see my profit targets. PT1, PT2 and PT3. Depends on how long you want to hold ADA. You can also long ADA on the futures market with leverage!
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Cardano news
4.6 Million Strong: Cardano Network Sees Massive Growth In New Wallets - Cardano (ADA) is making waves in the cryptocurrency market as on-chain data reveals a surge in wallet creation, signaling a growing adoption of the blockchain network.
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
BTT can 200x in the next bull market. Time to buy?BTT (BitTorrent is one of the biggest torrent clients in the world. Fundamentals are strong, and technicals are as well. We have the biggest candle in history; this is a serious business. I am expecting at least 100x - 200x in the next bull market. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
BitTorrent’s original goal was to disrupt the legacy entertainment industry and how consumers obtain content.
Expensive and inefficient distribution networks were the main target, with original developer Bram Cohen seeing benefits in allowing internet users to distribute content among themselves directly.
In the early 2000s, BitTorrent became the go-to P2P file sharing platform, with TRON stepping in 2018.
Under TRON, BitTorrent has expanded its user appeal to those interested in decentralized solutions and cryptocurrency, as well as to its own user base.
Among the added features are BitTorrent Speed, which uses the BTT token as part of its operations.
BitTorrent has also branched out into paid services, offering several “premium” versions of its platform which include VPN capabilities and ad-free browsing. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
MTL is starting a mega trend! 1588% profitMTL looks absolutely promising! We are breaking out of the bullish flag pattern on the weekly chart with a strong engulfing candle. The bearish structure is broken, and a new uptrend is beginning. A 1588% profit is very likely if you buy this coin right now. If you want to take a profit early, you can use my first profit target in the short-term.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
About Metal DAO
Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Metal Pay customers who own 10,000+ MTL can enjoy 0% fees on all cryptocurrency purchases.
Metal DAO's future utility includes the ability to propose new stablecoins for the Metal Dollar basket, including their allocation ratios, and the option to vote in new stablecoin issuers such as community banks or fintechs.
Metal Pay was developed and launched by Metallicus in 2016.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Rune will 15x in 2024! Buy this coin immediately.Technical analysis
Rune is an extremely bullish coin and will hit a new all-time high relatively soon! It's still a good time to buy this coin and make a very nice 1500% profit this year. Why? As we can see, the coin is breaking out of the descending parallel channel on the weekly chart. Always wait for the rarest, but the retest already happened, so I don't think this coin will go down anymore. You can take the profit early or hold it to my ultimate target, which is a 1.618 FIB extension. Volume is extremely high, we have almost a record, which confirms my idea!
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Makes THORChain Unique?
THORChain enables native asset settlement, allowing users to swap Bitcoin, Ether, Stablecoins, and other coins across 9 distinct blockchains. THORChain does not wrap or peg assets, instead it allows value to be exchanged from one coin on one blockchain to another coin on another chain.
THORChain uses a unique system to help mitigate the issue of “impermanent losses” — or the often temporary losses that a liquidity provider can experience when contributing to liquidity pools. It achieves this by using a slip-based fee to help ensure liquidity stays where it is needed.
THORChain combines a range of novel technologies, including on-way state pegs, a state machine, the Bifröst Signer Module and a TSS protocol to seamlessly facilitate cross-chain token swaps permissionlessly. This is all kept behind the scenes, making the platform accessible to even inexperienced traders.
The protocol isn't profit-oriented. All fees generated by the protocol go directly to the participants eg. node operators and liquidity providers, and there are no provisions for the team. Instead, the team is incentivized by simply holding RUNE — just like everyone else.
THORChain enables Streaming Swaps which allow large swaps to be broken up into many smaller swaps over time, which significantly reduces swap fees for users.
Other than swaps, THORChain offers single-sided liquidity provision through Savers. Users can provide Layer 1 assets such as BTC and earn single-sided yield without impermanent loss.
THORChain also hosts a flagship Lending protocol where users can borrow against their native BTC or ETH and receive a USD-denominated debt in the asset of their choosing. The loans have no liquidations, no interest, and no expiration.
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
keep your eyes on FILHello my friend 🐺 .
In this idea I want to talk about FIL and the possible price targets for the short term and the mid term so make sure to read this idea until the end .
let's began with the weekly chart :
As you can see in the picture above ; EMA Ribbon is starting to flip bullish and also price is currently above a very strong weekly support which shown by purple color.
also if we zoom in a little bit and look at the daily time frame we can see a AB=CD pattern or also you can call it as a bull flag which is also a continuation pattern .
the possible mid term target is around 16.8 , something about 80% higher than the current price also it's below a weekly resistance area .
the short term target is :
as you can see we have a clear invers H&S pattern in the 4H timeframe and price is trying to break above the neck line and also the 4H downward sloping trend line which is shown by orange line .
the possible price target for the immediate short term is something between 0.618 and 0.718 fib level ; so guys don't forgot to like and follow me for more chart updates and my next ideas .
have nice day 🐺
HARMONIC PATTERNS TRADING | ABCD PATTERN & HOW TO TRADE IT
Harmonic ABCD pattern is a classic reversal pattern.
In this article, I will teach you how to recognize that pattern and trade it properly.
This pattern is composed of 3 main elements (based on wicks of the candles):
1️⃣ AB leg
2️⃣ BC leg
3️⃣ CD leg
The pattern is considered to be bullish if AB leg is bearish.
The pattern is considered to be bearish if AB leg is bullish.
AB leg must be a strong movement without corrections within.
A is its initial point and B is its completion point.
BC leg is a correctional movement from B point after a completion of AB leg. The price may fluctuate within that.
B is its initial point and C is its completion point.
CD leg must be a strong movement without corrections within.
C is its initial point and D is its completion point.
❗️ABCD movement is harmonic if the length and the time horizon of AB and CD legs are equal.
By the length, I mean a price change from A to B point and from C to D point.
By the time, I mean a time ranges of AB leg and CD leg.
If the time and length of AB and CD legs are equal, the pattern is considered to be harmonic, and a reversal will be expected from D point at least to B point.
🛑If the pattern is bullish, stop loss must be placed below D point.
🛑If the pattern is bearish, stop loss is placed above D point.
Initial target level is B point.
Usually, after reaching a B point the market returns to a global trend.
What pattern do you want to learn in the next post?
USDCHF - what will happen next?- in Dec 23 CHF was at highest levels since Asian Crisis in 2015 - most likely due to geopolitical dangers in Europe
- since then it rebound to the technical resistance at 0.90 (AB=CD) + Bearish Gartley D point, which has been recognized by the market, not respected yet
- SNB cut rates recently and will most likely continue doing so: the bankruptcies are at highest level in history and Swiss business believes strong Frank does'n help,
- Manufacturing PMI at 44 - again not funny
- Current Account to GDP = 9.5% - pretty well
- USD is expected to weaken
From technical perspective we should see the reflection from Resistance, yet i expect SNB to do what it takes to weaken CHF. They may succeed unless any black swans appar...
GBPUSD reflecting from support- markets expect rate cuts staring Jun 24
- positive data from US economy
- USD probably will weaken (temporarily) against EUR, GBP, AUD and JPY
- GBP at strong support cluster: Bullish Gartley D point + ABC correction at 1.25988
- potentially price may rally up to resistance at 1.27500
Bitcoin - All time high TRAP - 33% CRASH soon!Bitcoin almost reached an all-time high, but not yet. Wait for it; it will go above the previous ATH from 2021 pretty soon! And what happens after that? A lot of people will start buying the new all-time high, the news will be full of articles, and retail trades will buy the peak. Whales need liquidity, especially on BTC, so they will trigger a massive crash after that. I am expecting a 33% crash back to 50,000 - 47,000. But first, Bitcoin should hit 72,000 - 73,000.
From the Elliott Wave perspective, we have almost completed wave (3) of the entire bull market, and we are going to experience wave (4) soon. Then I am expecting wave (5) to finish the bull market; sometimes wave (5) can be super-extended and stronger than wave (3).
What's more, we have a huge unfilled fair value GAP below the current price, as you can see on my chart. These gaps tend to be filled sooner rather than later.
My suggestion for you is to wait for much lower prices. Buy Bitcoin at around 48,000 - 50,000. Do not FOMO in!
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
EURNZD: Second Entry Worth Possible 500 Pips: what do you think?Hey Everyone,
EURNZD with our first buying entry that we had posted that turned out to hitting our Take Profit area, now we are expecting the same similar movement. Price has formed AB=CD pattern. In this scenario, price most of the time create a opposite big movement in our case it can give us a nice bullish impulse, helping us to gain 500 pips at least. There are two entries, first one with a greater risk and second entry is much safer, it is up to you which one to take.
Potential Spring (tight ABCD) in FTSETIght ABCD which I call a Spring happens from a previous support level.
Also, the level of the reaction we observe is a small gap which is an area of interest where price tends to go.
Weekly is above 20 EMA, Daily as well. Stochastics is in the overbought zone as well.
Now a positive entry bar is needed to confirm the entry.
#EURNZD: Update 26/02/2024EURNZD as we explained in our first chart that AB=CD pattern is in process, that turn out to be true. Price rejected and bounce back from POINT 'D' now that price has rejected and breakthrough a consolidated region. We expect price to grow steadily with enough volume coming in New York session. Use the stop loss as described in the chart.
Good Luck and Happy Trading.
GBPJPY - Sell StopBearish Divergence shows the momentum of Bulls is getting low and a possible downward trend is expected.
Bearish Divergence plus an AB=CD pattern formation will reverse the trend.
I have taken two trades of 0.5% each. In this case, if I lose, I'll lose 1% max and if both trades TPs are hit, I'll make 1.5% so the overall reward is higher while at the same time booking the profit with one trade.