Altcoins
Bitcoin - 4H let's understand the where we are!Following the USA election, the crypto market experienced a significant rally, seemingly pricing in expectations around the Inauguration of Donald Trump. As the market has likely anticipated much of the impact from potential upcoming policies, we could see oscillations between sharp rises and falls in the coming days. A downward correction appears more probable as the immediate effects seem baked into current prices.
Technical Analysis: BINANCE:BTCUSDT broke out of a trading range, achieving its target with a ~9% rise, equivalent to the range's height.
The price hunted liquidity above the previous highs, which reinforces the possibility of a fall.
A decline from the current zone is likely, with key support zones highlighted on the chart.
📈 Watch for reaction near $102,600 and $100,100 zones.
💬 Like, follow, and comment for more timely market insights! 🚀
BTC - 1H Buy OpportunityBINANCE:BTCUSDT has been consolidating in a trading range for the past two days. As seen on the heat map, the price hunted liquidity below the range, making a strong case for a reversal. Now, BTC could target the liquidity above the trading range, which is spread across two key zones.
This setup indicates a bullish opportunity as the market moves toward these liquidity areas. Watch for price action confirmation and manage risk carefully when taking long positions.
Stay tuned for updates and trade wisely! 🚀
DON'T MISS VELAS AT THIS DISCOUNT PRICES - STILL ACTIVE PROJECTTECHNICAL ANALYSIS AND TRADE PLAN FOR VELAS
Chart Overview
Timeframe: The analysis is conducted on a 4-hour chart, providing mid-term insights.
Pattern Identified: A falling wedge, a bullish reversal pattern, suggests an impending breakout to the upside.
Current Price: Approximately $0.0065564 at the time of analysis.
Volume Analysis: Declining volume indicates price compression, which typically precedes a breakout.
Key Levels
Support Zone (Discount Area): Around $0.0058–$0.0060.
Resistance Zone (Premium Area): First resistance at $0.0080 and a major zone at $0.0100–$0.0120.
Previous Highs (Targets): $0.0140, $0.0220.
Indicators:
RSI (Relative Strength Index): Showing oversold conditions, supporting a reversal.
Stochastic Oscillator: Near bottom levels, indicating a potential bullish crossover.
Volume Oscillator: Low activity with potential for volume surge on breakout.
Price Action:
A series of lower highs and lower lows confirms the falling wedge.
Breakout from the wedge is expected as the price nears the apex, combined with reduced bearish momentum.
Market Sentiment and Team Progress:
The Velas team, led by Alex Alexandrov, is working hard and smart to drive the project forward. Recent updates reveal positive developments and growing confidence in Velas 2.0, as highlighted on their official Twitter account.
According to Accumulated Finance, VLX has strong potential due to its innovative subchain technology and enhanced ecosystem.
Trading Plan
1. Entry Strategy:
Initial Entry (Aggressive): Enter around the current price ($0.0065) with a smaller position to catch the breakout early.
Confirmation Entry (Conservative): Wait for a confirmed breakout above $0.0070 with strong volume before entering a larger position.
2. Take-Profit Targets:
Short-Term Target: $0.0080 (Resistance Zone).
Medium-Term Target: $0.0100 (Major Resistance).
Long-Term Target: $0.0140 and $0.0220 (Key Fibonacci levels and previous swing highs).
3. Stop-Loss Placement:
Initial Stop-Loss: Below $0.0055 (below the wedge support).
Trailing Stop: Move the stop-loss to break-even after a breakout above $0.0080 and trail below each significant swing low.
4. Risk Management:
Allocate no more than 2% of total trading capital to the initial position.
Use position sizing to ensure the maximum loss (based on stop-loss placement) does not exceed predefined risk tolerance.
5. Monitoring Plan:
Volume: A breakout without increased volume may signal a false breakout. Wait for confirmation.
Momentum Indicators: RSI and stochastic should support the move; divergence against the price could invalidate the setup.
Market Conditions: Monitor Bitcoin and general market sentiment, as they can influence VLX price movements.
6. Scaling Strategy:
Add to Position: On a confirmed breakout with high volume above $0.0075, add to the position during retests of support.
Partial Profit-Taking: Secure 50% of profits at $0.0100 and let the rest ride towards higher targets with a trailing stop.
The falling wedge pattern and supporting indicators suggest a strong potential for bullish momentum in the short-to-medium term. The dedication and smart efforts of Alex Alexandrov and his team, combined with the positive momentum from Velas 2.0 and its latest announcements, align with a promising future for VLX.
Another leg down before alt season begins?If we look at the TOTAL 3 chart, you can see that we've just formed a double top. I lean towards one more leg down here that plays out towards the second half of February and potentially into March.
I think price has the potential to get down to the 630B support, but can start scaling in around 775B.
Many alts still look like they have another 50% lower to go before the look good to buy and hold.
ETH Before the Hunt: Why Clarity is King in TradingIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
When it comes to trading, patience is often as important as the strategy itself. As I stared at the chart for what felt like an eternity, I couldn’t help but notice the mixed signals emerging from the Elliott Wave side of things. Mixed signals can be frustrating, especially when you’re eager to make a move, but they’re also a reminder to slow down and let the market tell its story.
In moments like these, clarity is everything. For me, clarity comes at specific levels—in this case, 3k or 3750. Until one of these levels breaks, I can’t say I’m confident enough to take a stance or make an entry. Trading without clarity isn’t trading; it’s guessing. And let’s face it, guessing doesn’t have a great track record in this game.
Why 3k and 3750 Matter
So, why these specific levels? In technical analysis, certain price points serve as psychological or structural boundaries. They’re often where traders make decisions that push the market one way or another. A break of these levels would signal a shift—whether in momentum, sentiment, or structure—that provides the clarity I need to move forward.
Elliott Wave analysis is notoriously nuanced. Sometimes the waves line up perfectly, painting a clear picture, and other times they leave you scratching your head. Right now, the picture isn’t clear enough for me to confidently interpret the waves, which is why those key levels are so important. They act as filters, cutting through the noise and allowing me to focus on the signal.
The Power of Patience
Patience in trading isn’t just about waiting—it’s about waiting with purpose. The market doesn’t reward impulsive behavior, but it often rewards disciplined traders who wait for the right setup. That’s why I’m holding off for now. If one of those levels breaks, I’ll reassess, recalibrate, and, if everything lines up, begin the hunt for an entry.
The idea of “the hunt” is what keeps me engaged. It’s not about rushing to pounce on an opportunity; it’s about tracking it, understanding it, and striking when the odds are in your favor. But before the hunt, there’s the waiting.
Dealing with the Uncertainty
It’s worth noting that uncertainty is part of the game. No chart analysis, no matter how thorough, can guarantee an outcome. What you can do is put yourself in a position to make informed decisions based on your strategy and the information available. Right now, the information I need lies at the 3k and 3750 levels. Until those break, my job is to sit back and observe.
Waiting for clarity might feel passive, but it’s an active part of the process. By staying patient, I’m avoiding the pitfalls of premature action and ensuring that when I do make my move, it’s backed by data, analysis, and strategy—not emotion or guesswork.
Final Thoughts
Mixed signals are part of the trading experience. They can test your patience and make you second-guess your approach, but they’re also a valuable reminder to stick to your plan. For me, that means waiting until 3k or 3750 levels break. When they do, I’ll be ready to act.
For now, the hunt is on pause. But once clarity shows up, that’s when the real work begins. Until then, it’s all about watching, analyzing, and preparing. Because in trading, as in life, timing is everything.
Trade safe, trade smart, trade clarity.
LINK Fractal | ALTS | Chainlink can EASILY +90%Chainlink is one of those alts that haven't yet made a new ATH with the rest of larger alt market group.
This means that the bullish cycle is taking a detour and it could be extended to another multi-month cycle, as I've previously stated in my BTC updates.
If LINK follows the previous pattern of a multi-month extended patter, we could see a fractal playout that takes us beyond the current ATH over the next few months.
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BINANCE:LINKUSDT
TRUMP/USDT AnalysisThe price is testing the red resistance zone.
🎯 Targets if breakout occurs:
1️⃣ First Target: Green line
2️⃣ Second Target: Blue line level
📊 Alternative Scenario:
If the price gets rejected and breaks the black support trendline, there could be a good entry opportunity at the green zone.
POLYX Buy Signal Given!Trading Fam,
It’s been a bit slow recently so I thought I’d throw out a free alert just to keep you all in the game. We’re getting close to another run here soon. I know, it feels like I have been saying this for weeks. I have. Trading often involves extreme patience. In our case above, POLYX has given us not one but two green dots from my Dots and Blocks indicator inside the liquidity block. This gives me a special confidence that this coin is going to run soon. I would target that double-top at .435, take some off, and let the rest ride.
Best of luck. Hey, if you do enter this trade and make some cash, be sure to come back here and let me know in the comments. I love it when my followers find profits.
✌️Stew
SUI Long for the Long-TermHi everyone, happy Saturday. I recently added a small position in $COINBASE:SUIUSD. Given the analysis posted here, I believe we could see a cool-off in the upcoming months from the alt-coin, but long-term there is a lot of room for this to potential run.
I will be watching and lightly adding throughout 2025.
Good luck everyone.
SOLANA on the verge of a parabolic breakoutHi all, happy Saturday. COINBASE:SOLUSD has seen a recent rapid rise due to increased memecoin volume and a proposal a Solana ETF. The new administration could also bring potential further bullish momentum for the alt-coin.
In addition, from a technical perspective, Solana has recently break it's previous 2021 all-time high on strong volume which is possible bullish sign for continued upward momentum in the coming months.
Highlighted is an ultra-bullish scenario where we see a 10x move to the upside similar to 2 previous occasions shown in the chart. More conservatively, I am confident we can see a $450-$500 price by the end of this calendar year - which would still yield an impressive 100% return.
Happy trading, and have a great weekend!
ONDO 4H TRADE SETUP ONDO is a very exciting project with massive potential in the tokenization of real world assets, an aspect of crypto that has many very high profile interested parties, such as BlackRock and now the US Government via the Trump administration. World Liberty Financial (which is run by the Trump family) has an ONDO position currently and has been adding to it over time, so what is the future of ONDO?
For me the chart has some key points:
- Structurally ONDO been bearish since the later stages of December, retracing 50% from local high and losing the 4H 200 EMA in the process before bouncing off the bullish Orderblock that started the end of year rally in the first place, a very strong support area.
That bounce was capped off by the bearish orderblock zone with rejection in that zone on four separate occasions, so we now have a local range with a clear S/R level at the midpoint.
- Within that mini range we have higher lows constantly which forms a diagonal support as buyers put increasing pressure on price to break through the Bearish orderblock. The 4H 200 EMA has also been reclaimed and in a bullmarket this level is a key level to consider, more so during a trending phase and not chop but still important in this situation.
- That's the technical analysis but money is made in execution of the trade. For me a reclaim of the bearish orderblock would be a bullish trigger for ONDO to climb back up the hill towards local high with consideration to set SLs in stages. The trade would be invalidated on a loss of the bearish orderblock flip as this Swing fail pattern often leads to a further sell-off.
- In a bearish scenario, say BTC misbehaves or some bad news hits the timeline I would step away from the coin if diagonal support is lost. I would look to become a buyer at the bullish orderblock which would give a higher probability entry with the range midpoint and bearish orderblock as targets for price to reach.
BTC still runs the market currently with alts not getting much liquidity, I do believe that will change soon going into the second half of Q1. Once Bitcoin can get a trend going altcoins will follow in my view.
Trump Coin: Bearish Signals and Double Bottom AheadAs of January 25, 2025, Bitcoin (BTC) is trading at approximately $102,378, exhibiting bearish tendencies. This downturn is influencing altcoins, including Trump Coin (TRUMP), which is currently priced around $27.14.
Technical Analysis of Trump Coin (TRUMP):
Head and Shoulders Pattern: On higher timeframes, TRUMP has formed a head and shoulders pattern, a classic bearish indicator suggesting potential downward movement in the mid-term.
Double Bottom Support Level: The anticipated decline may lead TRUMP to revisit its previous double bottom support around the $5 mark.
Short-Term Bullish Spike: Before reaching the $8.80 support level, a brief bullish surge towards $12.544 is expected, possibly offering short-selling opportunities.
Supporting News and Market Sentiment:
Recent developments have contributed to the bearish outlook:
Regulatory Concerns: President Donald Trump's executive order to establish a task force for proposing new cryptocurrency regulations has introduced uncertainty, leading to market declines.
Meme Coin Volatility: The launch of TRUMP and MELANIA meme coins saw initial surges followed by significant crashes, highlighting the speculative nature of these assets and raising concerns about their impact on the broader crypto market.
Given these factors, traders should exercise caution. Monitoring key support and resistance levels, along with staying informed about regulatory developments, is crucial for making informed decisions regarding TRUMP and the broader cryptocurrency market.
Stockholm Syndrome in Crypto Trading: Why We Stay LoyalLet’s be honest: altcoins haven’t been performing as well as many would like.
As I’ve started pointing this out through posts and videos, I’ve received a fair share of criticism. Whenever I mention the possibility of a market decline, I’m met with hate, while others who claim the market is heading to the moon are celebrated.
What’s baffling is that no one seems to ask, “Hey, you’ve been saying ‘altcoin season’ is coming for a year, yet we’re still stuck around the same prices. What’s going on?”
This got me thinking: Could this be a form of Stockholm Syndrome in trading?
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What is Stockholm Syndrome in Trading?
Stockholm Syndrome is a psychological phenomenon where hostages develop positive feelings towards their captors. In trading, it’s a bit like this: traders grow emotionally attached to a losing market, even when all signs point to the fact that things aren’t going well.
Instead of cutting losses and accepting reality, they keep holding on, hoping things will change – just like a hostage hoping for their captor's kindness.
In trading, this manifests as traders continuing to support a market (like coins or certain stocks) that isn’t performing, even when the evidence suggests it’s time to move on.
They become attached to the idea that a specific asset will turn around and deliver massive profits – even when the price action doesn’t back that up.
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The Comfort of Familiarity
Many traders are caught in the cycle of constant hope and “what ifs.” It’s much easier to stay attached to the narrative that specific coins will eventually “take off” than to admit that their portfolios might be stuck sideways or even bear market.
It's also easy to get drawn into the excitement of “moonshots” and grand promises of big returns. The altcoin season, the bull run, the new innovations – these ideas are comforting, even when the market isn’t cooperating.
But here’s the catch: sticking with a market that’s not performing well out of loyalty is dangerous. It stops you from adapting, from making the necessary moves to protect your capital, and from taking advantage of more promising opportunities elsewhere.
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The Reality of the Market
Altcoins have been on a rollercoaster. The hope for altcoin season has been building up for over a year now, yet many traders are still facing stagnant or even declining prices. When faced with this reality, we often see two types of responses:
1. The Blind Optimist:
Some traders will continue to hold and buy into altcoins, even when it’s clear the market isn’t moving in their favor. They believe that the next big move is just around the corner, and they refuse to let go of the dream.
2. The Critic:
Others, like me, will point out the slow or negative price action, urging caution and suggesting that a pullback or continued consolidation is more likely. But when we do, we’re met with anger, disbelief, or even accusations of “fear-mongering.”
It’s frustrating to see those who remain hopeful get so emotionally attached to a failing asset, while others who try to see things more clearly get met with hostility.
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The Dangers of Stockholm Syndrome in Trading
When traders fall into this “Stockholm Syndrome,” they stop questioning their strategies and beliefs. They become too emotionally involved with a market that isn’t giving them the results they want.
This prevents them from making the tough decisions they need to make to protect their portfolios – whether that’s cutting losses or re-allocating capital to more promising assets.
It’s also a trap that keeps you stuck in an echo chamber of hope and denial, rather than facing the market with logic and clear-headed analysis.
The longer you stay loyal to an asset that’s underperforming, the more you risk watching your portfolio sink further.
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Breaking Free: A Rational Approach to Trading
The key to successful trading is learning to let go of emotional attachment. Don’t hold onto an asset simply because you’ve been told it will perform or because you’ve invested a lot of time and money into it.
Here are a few ways to break free from the Stockholm Syndrome in trading:
1. Focus on the facts:
Look at the actual price action and market conditions, not the narrative you’ve built around it. If the market isn’t moving, don’t force a belief that it will soon.
2. Admit when it’s time to move on:
It’s not about being right or wrong – it’s about protecting your capital. If an asset isn’t performing, consider cutting your losses and finding new opportunities that align with your trading strategy.
3. Stay flexible:
The market is dynamic, and you need to be able to adjust your strategy based on current conditions. Don’t get stuck in a “one-size-fits-all” approach.
4. Let go of the need to be loyal:
Trading isn’t about loyalty; it’s about profits and risk management. Sometimes, moving on is the best decision for your financial health.
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Conclusion
If you’ve been stuck in the cycle of hoping that altcoins will suddenly surge, or waiting for the long-awaited altcoin season, it might be time to reconsider your approach. It’s important to recognize when you’re emotionally attached to a market that isn’t performing, and break free from that attachment.
By focusing on logical analysis, cutting losses when necessary, and staying flexible in your approach, you can avoid the dangers of Stockholm Syndrome in trading and move towards more profitable opportunities.
Remember: Trading isn’t about loyalty to a coin or a narrative – it’s about making smart, objective decisions that will help you grow your capital.