DOGE - THIS Altcoin can +800% 📈📉Hi Traders, Investors and Speculators of Charts📈
Dogecoin is the original meme coin, famously started as a joke in 2013. Nevertheless, thanks to a dedicated community and creative memes, it has rapidly evolved into a prominent cryptocurrency.
From a chart-analysis perspective, DOGE has big upside potential, and from a fundamental perspective - things are looking good for this altcoin in 2024. Elon Musk has finally announced a peer-to-peer payment system on X (formerly Twitter) and have also stated multiple times in the past that he plans to include DOGE as a payment option.
From a macro perspective, I am bullish on DOGE. But for the SHORT term, DOGE is bearish. The price needs to establish support before going higher, and the downwards trend means that support hasn't been found at the current levels.
The short-term bearish sentiment is confirmed by the technical indicator CryptoCheck START V3.5, flashing a "sell" signal :
We would need to start seeing daily candle closes ABOVE the green 50d Moving Averages before considering more upwards price action:
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CryptoCheck
CRYPTOCAP:DOGE
Altcoin
Ethereum|The BULLISH trend continues until the price of 2800Hello friends, I hope you have made a lot of profit this week.
Let's go to Ethereum to have an overview of it.
At the moment, Ethereum is involved with a daily resistance zone as well as a 4H resistance zone.
This supply area has been tested several times, now the debate is whether the buyers are winning the game or the sellers.
If this area is broken upwards, we will enter buy positions on the pullback to this area.
If it falls from here, we will enter buying positions in the demand areas that I specified in the chart.
My possible target price is 2800, but never enter the position without confirmation, don't forget the SELL limit.
ETC Bullish breakout ETC has broken above a key resistance zone and is currently holding it as support.
It created at and eve bottom at a major support along with double bullish divergence on both indicators.
We deem ETC as a great opportunity in the altcoin space that we believe is in great shape for a bullish run in the near future.
Should ETC Break 23 dollars we see the next target as a massive 45 dollar target.
Weekly shown below to showcase key levels and targets
BTC - 15m scalp buy opportunityConsider going long on BTC, focusing on a sensible risk-to-reward ratio.
BTC is displaying strong bullish momentum, and the recent downturn appears to be losing steam.
With noticeable bullish price action signs and ample liquidity above the last high, BTC is well-positioned to smoothly climb towards a FWB:48K target.
ETH about to move with ETHBTC stophunt of cycle lows??Stophunt of old points of resistance and support can often lead to a reversal
Now that price has grabbed potential liquidity and stops set for previous lows.. price can now reverse. ETHBTC has hunted that liquidity grab or stophunt as we call it. That gives it room to now reverse.
Failed breakdowns can fail fast
If this breakdown does fail then have to be prepared that failed move fails fast. This is likely to be from a strong ETH breakout. If that is the case then ETHUP products may have a great deal of upside.
If the breakdown continues then dont want to be caught
Watch out for price going back below the point of reversal as it could drag lower and dont want to be stuck in the losing position
KSM - Bird Set Free 🦅Hello TradingView Family / Fellow Traders,
📈 After a 100% surge, KSM has been in a correction phase trading inside the falling channel in red.
Currently KSM is approaching a robust demand zone highlighted in blue.
🏹 For the bulls to assume control again and initiate the next bullish impulse movement, a breakout above the red channel and last high in red is required.
Meanwhile, until the buy is activated, KSM can still trade lower and dive inside the demand zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
SHIB: Three Hills & a MountainFindings
I believe I have discovered a Three Hills & a Mountain pattern on the SHIB hourly and daily charts. I recently posted about the same formation on ApeCoin which gives me the impression that certain altcoins are experiencing similar trading activities while Bitcoin consolidates. Bitcoin appears to be on the brink of a correction which could bring us to the 61.8% Fibonacci level where significant buying pressure should occur and begin developing the third hill.
COINBASE:APEUSD Three Hills & a Mountain Publication
Trend Analysis
Both of the proposed hills are of unequal magnitude which is why I do not believe this is a Three Drives pattern. While there was a brief decline beneath the 61.8% level before forming the second hill, the drop was insignificant and stayed in close proximity. On the 1W chart there is a Double Bottom "W" pattern forming which I have detailed in an earlier publication a few weeks ago; the Three Hills and a Mountain supports the W projection as the price target is around 0.000016.
W Pattern Publication
The volume is rising with increasing values and the succeeding hill has increasing volume as well, indicating bullish momentum. Should the pattern keep up I believe we will see a large spike in volume within the first half of the third hill.
COINBASE:SHIBUSD
Polygon MATIC is heading for its next bull runA bullish pennant on the weekly timeframe indicates a move upward. Considering the bullish momentum we could go up all the way to $16.
BTC.d Losing Support and the Bullrun is Around the CornerBTC.d gets strong in bear markets and corrections. When it starts to lose support and drop, it means a full alt season is on the way.
The vertical white lines mark the Halving events and the red vertical lines are marking the ATH events.
Check my other analysis which sums up this prediction supporting the beginning of the alt season.
You Really Think that the Altcoin Season is Over?The way it looks is that Bitcoin Dominance yet again approached and rejected our Fibonacci resistance. If that resistance holds, we do expect a strong, yet potentially short altcoin season.
But remember, not all coins will produce super gains, only a very small portion of them. In our private channel we have shared those that we believe could be those "gems"
SOLUSDT|A very important resistance area and the fate of SolanaHi guys, this is my overview for SOLUSDT.Feel free to check it out and leave your comments in the comments section.
With the sharp and strong growth that Solana experienced, it has now reached an area that is of great importance in all major time frames, monthly, weekly and daily.
With the return from this area and even unsuccessful attempts to make a new high, we now see that both a lower high and a lower low have formed than the previous low.
This is a sign of weakness in the previous upward trend. In my opinion, this weakness in the trend can reduce the price of Solana to the price of 72.26 dollars and the next level is 41.83 dollars.
(Phantom) FTMUSDT AnalysisA short foreword. I do believe Bitcoin will come back to retest around the 40k levels. It is currently consolidating in a range with equal lows. Below the equal lows lie a void on the futures chart that has not been filled yet. I'm expecting some sort of manipulation move to the downside then a bounce back up as i'm still overall bullish on Bitcoin for now.
Everything I had to say about Phantom is in the video.
ADA home on the range?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRYPTOCAP:ADA update.
Didn't have enough gas to give it.
So, now watching this channel and same levels.
I still think it could be ranging.
But, which way are the swift and corrective moves facing? 🤔#Elliottwave
Until that changes down is probable.
AAVEUSDT|The end of the BULLISH trendAfter the upward lag that started at the price of 63 dollars, it has continued its upward trend in the form of an ASCENDING channel.
By reaching the resistance levels, we saw returns from these areas as long shadows, which indicates high liquidity in these areas and it is difficult to pass through these areas.
Multiple reversals from these areas show the weakness of the momentum, if the last downward movement leads to the breaking of the channel, we can enter sales transactions in the reversals to the channel, up to the support levels created by the origin of the movement.
The prices of 78.26 and 63.51 are suitable targets for selling transactions.