XRP 16% PUMP To Next Resistance.XRP has broken out of a downtrend which started in March. We manage to close a weekly and daily candle above the POC.
There's a daily level we have failed to close above, over the past 3 days.
Flip that level into support and I would target $0.62 next 16%
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
Altcoin
DOTUSD Is Approaching An Important Resistance!!!Hey Traders, in today's trading session we are monitoring DOTUSD for a selling opportunity around 6.40 zone, DOT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 6.40 support and resistance area.
Trade safe, Joe.
DOT DOT DOT DO YOU LIKE DOT?After a nice reaction from the Value Area low, we are trading at the POC.
The areas I would look for a long would be a supply/demand flip of the POC targeting the Value Area High & Range High, or a retest of the Value Area Low After a sweep of the lows.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Perfect Pullback!The areas I am interested in for a long trade would be around $0.90 cents to retest the weekly or flipping $1 into support.
Targets for both would be the Value Area High of the upper range.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Not a retrace?...forgot a commaIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Respecting some levels and bounced out of AOI,
in what looks like an impulsive manner.
Stalking this.
Ideally, a move down to the discount zone will print and react.
XRP - Increase Possible after THIS LEVELXRP - it's possible that the bottom may be near, and we're going to use a technical indicator to look for the bottom.
It should be noted that I am NOT a fan of XRP BUT, I understand tat all coins are tradable despite whether or not I like them.
So let's dive into the SIGNS of the times:
Looking at the RSI below the chart, historically XRP bottoms are close when the RSI hit's the yellow line (34). It could trade lower for a few ore weeks to come, but ultimately this low RSI signals the bottom is either in or close.
It is also worth noting that the M-Pattern should be finished playing out, or close to finished:
Either way, if you MUST trade XRP, buy low and sell high. Bag holders gets burnt!
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BINANCE:XRPUSDT
What comes down, must go upLook to the past for some patterns. It seems like when things get moving, they getting moving and fast. Like really really fast. Out of no where, we'll see a spike in dominance which leads to a pump price. With the Ripple case being speculated on coming to a close, things might just interesting.
Right on time with the charts ;)
PeiPei(ETH) Can go Up at least +30%Today I want to analyze Memecoin for you, which looks very similar to BINANCE:PEPEUSDT Pepe's Memecoin , with the difference that it has a hat and is red in color. The name of this meme is GATEIO:PEIPEIUSDT PeiPei(ETH).
Looking at PeiPei(ETH)'s website , we realize that the website is really weak and has NO whitepaper like many memecoins. The number of PeiPei(ETH)'s followers on social media is very low .
According to the above explanation, please don't take too much risk and follow the capital management, and it doesn't seem that PeiPei(ETH) can be profitable in the long term, but we can get at least +30% profit from this token according to the analysis below .
PeiPei(ETH) has successfully broken the Resistance zone and is currently completing the pullback .
According to Elliott's wave theory , PeiPei(ETH) seems to be completing wave 4 .
I expect PeiPei(ETH) to rise(+30%) to the Potential Reversal Zone(PRZ) after the completion of wave 4 .
Note: If the PeiPei(ETH) forms a 4-hour candle below the resistance zone, the scenario will change and the probability of the PeiPei(ETH) falling is very high.
Note: An important point you should always remember is capital management and lack of greed.
PeiPei(ETH) Analyze (PEIPEIUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Meme Coin $Mother Iggy These sharp pullbacks are opportunites where I am dollar cost average buying alt coins and meme coins. It's always tough to step in when the crypto market is dumping. I have experienced sharp pullbacks, but overall I have seen huge gains in the crypto market when riding out the volatility.
The celebrity meme coin fun is on! This is a casino bet suggested by one of our lovely CoinStash members. In this pullback I'm getting in close to the launch price. I used the Raydium DEX on Solana. To get the official $Mother contract go here. x.com Be careful, there are many imposter tokens out there. **Full Dislosure: This is not financial advice. I am not a professional broker. I am sharing trades and information for educational and entertainment purposes only.
Altcoin Dominance to repeat uptrend like previous 2 cycles?During each of the previous 2 cycles in 2017 and 2021 crypto bull markets, Altcoin Dominance (below top 10 rank) went through a 5-wave uptrend as shown. The uptrend took 29 months for each cycle.
Here is a sketch of what the current cycle may look like if altcoins experience a similar pattern to those 2 previous cycles. This is just a guess at what might happen. There are no guarantees that any idea will come true. The wave lines and time measurements for this cycle are for display only, not estimates of how far up altcoins will rally and how long it will take. When this bull market will end is anybody's guess. It could be Q4 2024, or any quarter in 2025.
PEPEUSDT is approaching an important resistanceHey Traders, in today's trading session we are monitoring PEPEUSDT for a selling opportunity around 0.000001000, Pepe is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.000001000 support and resistance area.
Trade safe, Joe.
SHIB Flashing a SELL (⊙_⊙)I've been bearish on SHIB since the failed pennant pattern:
We just got a "SELL" alert from the technical indicator in the weekly timeframe. The higher the timeframe, the more significant the pattern / alert.
Watch the BTC on what w need to see after a "SELL" alert to consider this situation turning ack to the upside:
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BINANCE:SHIBUSDT
BTC Seems To Be Looking For Some Gains?As the title said, BTC seems to be looking for a breakout towards the top. Alts are worth trading but are extremely subjective to BTC movement despite a few alts like INJUSDT which seems to have negative correlation for the past week.
That being said, look for long positions at the green line to the golden pocket I provided. I won't be providing a TP because it'll just break into the trendline and range again, so find the tp you're comfortable with.
This analysis was done using 4H and 1D.
- ElvianElvy
ETH - Next Bullish Impulse Soon?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been overall bullish, trading above the rising trendline marked in blue.
Currently, ETH is undergoing a correction phase and approaching the lower orange and blue trendlines.
Moreover, it is retesting a strong support and demand zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and blue/orange trendlines acting as non-horizontal support.
📚 As per my trading style:
As #ETH is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
JUP Seem To Be Entering The Premium Discount Area
There are times when in trading, it's right to not open a long or short, but its correct to accumulate. Now is a great time to do so since we just got short squeezed on BTC and BINANCE:JUPUSDT just fell by 11%.
Why BINANCE:JUPUSDT ? Because it's CRYPTOCAP:SOL leading DEX and basically the BINANCE:UNIUSDT of Solana, the devs has also stated how ASR (Active Staking Rewards) would work and when you would get it (soon). So buy and accumulate a bag of it on spot. (Staking is up to you)
Going to put this in bold, DO NOT FUTURES LONG IT, THE IDEA IS TO BUY SPOT AND ACCUMULATE, NOT TRADE SHORT TERM.
Obviously selling your house to buy JUP is satire and a joke, but if it ever hits that point you should accumulate more.
Remember traders, there are always 3 options in this space. Long, Short, and accumulate.
P.S.: To the TV Team, I do not know if I count this as an analysis or a tutorial, because the whole focus is to know when to accumulate and when not to trade. I'll post it as analysis, please dm me or change it if you feel it's in the wrong category.