ZIG - Unprecedented StrengthTaking a stab at this one. AMEX:ZIG
Clear invalidation if it fails to trade above the gray block.
Since NYSE:FET has been outperforming most of the sector, some AIs should follow suit. This one, in particular, has held its ground in 2024 while many others have been struggling during this altcoin correction.
Simple plan...
Altcoin
RUNE: Poised for an Imminent SurgeI’m waiting for this setup as it still shows strength. CRYPTOCAP:RUNE
There are two demand zones at the bottom, with a breaker and an S/R flip in play.
I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction.
My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
Bitcoin Dominance is BrokenBitcoin dominance isn't what it used to be, as many investors wait for alt season. We can see the clear rotation from bitcoin into more risk on assets in the crypto market where we see a major drop in bitcoin dominance in 2021 representing the peak of the altcoin market. Now, with stablecoins and ETH gaining market share, investors have more options to seek safety from the volatility of the market.
SOLANA - On the VERGE of CRITICAL TerritoryIt has been trading lower and lower and is now approaching the most important level in this region: $122.
It's hard to predict what will happen once it reaches that level. Both bulls and bears have a strong case to try and take control of that area.
As for me, I will remain neutral in this area unless:
There is a clear retest of $122 followed by a reclaim of the EQLs at $134.
There is a deviation below $122 with a strong reclaim.
Alternatively:
I might consider taking a significant short position below $122.
This level is crucial for bulls if the price is to continue moving higher. September is becoming increasingly interesting.
FETCH AI - Bullish Pattern : Inverse H&SThere's a few reasons to be bullish on FETCH right now:
👉 Bullish pattern in the daily timeframe; inverse Head and Shoulders
👉 Daily TF price is trading ABOVE 200 day moving averages - bullish technical indicator
👉 Support zone retested and held
👉 Great pick for TOP AI Coins 2024
I'd be watching the Fibonacci zones as potential targets for the next impulse wave up, given BTC will likely lead us there.
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BINANCE:FETUSDT
VELO - Waiting for the PERFECT RetestI’m giving it another shot. I’m confident the last setup was solid, but I got a bit greedy with my entry. If the price doesn’t dip further from here or before Tuesday/Wednesday, I’ll abandon the idea since there’s significant strength in this one.
I’m aiming for a retest at that crucial level for a better entry. I’ll have to wait and see if the market offers this opportunity or if it moves on without me once again. $VELO
IMX Looks Bottomed Here – Ready for the Next Leg Up?The weekly chart has just confirmed another bullish signal at macro support. What can we expect?
Ideally, a continued uptrend from here would be the best scenario, and it’s something I’m anticipating before any potential reversal and the formation of a new monthly trend.
There are no new lows in sight after retesting the previous monthly support levels, with clear demand around $1.
If things continue to develop positively, a 5-week consolidation period could provide a stronger signal. For now, this setup is sufficient for me to look for long positions, aiming to hold into $2.5 as a primary target. If momentum and overall market conditions are favorable, new all-time highs could be on the horizon.
CRYPTOCAP:IMX LONG!
ALTCOIN MARKET UPDATEALTCOIN MARKET UPDATE
this is the bullish option obviously. that long term momentum looks,,, well placed. nicely shaped.
zoom in for various fractals; will be tracking them to see which one fits best but they share quite a few key targets.
that is if the bull is in control here.. pretty convinced.. guess it depends on the US election, ukraine etc
gl
SUI-eat impulse!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Testing a larger flipped level here so holding above this level (1.45) would be ideal. For the Elliott wave, it has not yet reached a most likely target for a wave 3, so it is still in ZigZag territory. A push up to that level and I would look back to (1.45) to plays as support for the wave 4.
Trade Safe,
Trade Clarity.
LINK - Bullish Control Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After rejecting the $20 round number, LINK has been in a correction phase in the shape of a falling channel marked in orange.
Currently, LINK is hovering around a strong structure, support and round number $10.
🏹 Once the orange channel is broken to the upside, we will expect the next bullish phase to start leading to a movement towards the $20 mark again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Dogs: Knows its boundries.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
If it can hold this level and move up to break and flip these other levels.
Elliott wave side, it looks like a ZZ up which would call for the lows to be taken. The last move up from 0.0009941, which was an option from my last update looks like a 3 wave move so there is a super bullish alternative here, a running flat. But the Price Action here has alot to prove.
0.0011732 is a strong resistance.
0.0011184 is the fisrt obsticle for bulls.
0.0010609 is displaying as support atm, a break and it could turn into resistance.
0.0009941 has been holding as strong support. Bulls do not want to see no more than a sweep of that level.
Breaking the pivot low, could just be a sweep but the Elliott wave would have to be reconfigured.
Trade Safe,
Trade Clarity.
CELESTIA (TIA) - Anticipating an UpsurgeConditions are favorable for taking a long position at these lows. The weekly candle should close within this price range to provide more confidence in holding a swing trade.
The price action supports the idea of going long since it has reacted to August's low and shows a change in character following the significant drop from $6.15.
I am targeting $5, but if conditions improve beyond expectations, I will aim for the previous high of $6.15.
Long LSE:TIA
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Ideally it needs to stay above 0.000030662.
On the Elliott wave side it looks like a potential impulse being put in, and we are at the Wave 4 of the larger degree which could mean another move up. If the level metioned breaks it becomes less likely. MO.
0.000028937 is the final level I would want to see it fall beneath.
Trade Safe,
Trade Clarity.
DOGS Analysis==>>Inverse Head and Shoulders PatternsOne of the tokens that has been trending for the past few days is the DOGS token . Did you participate in the DOGS Telegram project or not? Do you still have your tokens or have you sold them?
The DOGS token is moving near the Support zone .
Regarding classic technical analysis , it looks like DOGS is forming an Inverse Head and Shoulders Pattern .
Also, Regular Divergence(RD+) can be seen between the two shoulders of the Inverse Head and Shoulders Pattern .
I expect DOGS to rise to at least the Resistance zone again after breaking the Resistance lines . And if this zone breaks, we can expect DOGS to increase to at least $0.00129 .
DOGS Analyze (DOGSUSDT), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
AVAX : Potential Reversal in MACRO TFA downtrend, or bearish trend is characterized by a few things including making lower lows and lower highs. This is evidently seen when pulling up the macro timeframe and applying trendlines towards major bounce zones or wicks.
Similarly, an uptrend is characterized by the price making higher lows, and higher highs. Currently, we are only seeing ONE of these conditions met - the higher lows. This does not mean the price cannot retrace towards the trendline. However, as soon as the trendline is lost, the higher lows is invalidated and the price remains BEARISH.
A fall UNDER the trendline would likely lead to a revisit of a wick at $17.
While you're here👀 Make sure you check out yesterday's post on 3 Alt that are bearish right now:
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BINANCE:AVAXUSDT.P
Is Ripple Ready For A Bullish Breakout?Grayscale to Launch First U.S. XRP Trust, Paving the Way for Potential ETF
There were report that Grayscale is launching the first U.S. XRP Trust Fund, offering accredited investors direct exposure to XRP. This move is seen as a step towards an XRP exchange-traded fund (ETF). Grayscale has a history of pioneering crypto financial products, including converting its Bitcoin Trust into a spot ETF after a successful lawsuit against the SEC in 2023.
Now, looking at Ripple's Elliott Wave structure, its unfolding a five-wave bullish impulse on the weekly chart. Currently, it's trading in 6-year higher degree consolidation; ideally, it's a larger bullish triangle in wave four, which can be coming to an end in next few months. So possibly we can see a break higher.
Dogs: Reaction to invisible fencesIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Dogs looks ok as long as it stays above 0.0009941. It's followed my paths down a played off of my levels down, which remain reactive. The price action is still printing lower highs and lower lows. A 3-wave move down to the last pivot suggests the correction may not be over yet. For the bullish case to strengthen, the move up needs to stay intact, no break of the low, and break 0.0011390 to challenge the current Elliott wave outlook.
Trade Safe,
Trade Clarity.
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Bounce out of Golden Corner Pocket, reaction off PF median line. 👌
May have one more W4 in there.
Looking for an impulse down and internal retrace, as
always.
Trade Safe,
Trade Clarity.