Altcoins Have Broken Out - In Case You Didn't Notice.Crypto Fam,
In case you didn't notice, altcoins have officially broken out of our bearish descending wedge. I am expecting 2025 to be a bull year and through April you should really see some massive pumping take place, especially with high MC memecoins.
Don't forget that my cycle theory is different this bull market but so far has proven correct. That is: BTC is bullish first often in sync with Solana, Solana Memecoins, and often accompanied by AI based alts/memecoins. The we see other memecoins pumping with continued strength from AI based coins. And finally we see the OG classic ALT follow the train. This seems to be the trend. I don't expect anything different this year.
As it pertains to ALTS on this chart, you can see I have drawn some resistance right around 1.13T MC. I would expect some pause here and maybe a slight pullback before the bulls gain enough momentum to break through. Then onward and upward we should proceed through April. I'll re-assess the macro outlook for all of crypto at this point.
✌️ Stew
Altcoins
ARB breaking up from a bullflag that can take it above necklineArbitrum looks like it has probably founded the lowest depth of the right shoulder of it’s inverse head and shoulders here as it has now broken upward from this purple bullflag here and is now back above the 1 day 50ma(in orange). The breakout target of this flag will take price action above the neckline of the inverse head and shoulders pattern if it hit its full breakout target. We can also see that the bearish h&s that we were under the neckline of for several daily candle closes never progressed into getting validated as is often the case with bearish patterns in this phase of the bull market. I suppose there’s still a chance we could head bck under that light colored tannish neckline again but probability favor the upside at this point. *not financial advice*
SUI Wave 4: Pivots, Patterns, and PossibilitiesIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The cleanest conservative count, in my opinion, suggests that we are still within a wave 4 or possibly a diagonal. This conclusion is based on the 3-wave move up that has printed so far, which aligns with the characteristics of corrective wave structures.
Wave 4, according to Elliott Wave principles, often presents as a more complex corrective pattern, and this appears consistent with the current price action. However, the situation remains dynamic, and key levels will play a crucial role in determining the next steps in the wave count.
### Key Levels to Watch
1. **4.92**: If price action fails to generate further upside momentum and drops below this level, it would indicate potential weakness and could lead to a revisit the 3.95 level.
2. **3.95 Pivot + Price Action (PA)**: This level will be pivotal in determining where we are within the broader wave count. A hold above this level could maintain the possibility of the current count, whereas a deeper breach could suggest a shift in the structure.
### Scenarios to Consider
- **Bullish Continuation**: If price action remains above 4.92 and generates impulsive moves, it may signal the end of wave 4 and the start of wave 5.
- **Extended Correction**: A drop below 4.92 and a test of the 3.95 pivot could indicate a continuation of wave 4 or a diagonal pattern. An impulsive breach would lend to a flat.
### Neutral Perspective
This analysis remains neutral, focusing on the possibilities rather than definitive predictions. The next moves around these levels will provide important clues about the broader structure and potential directional bias. As always, flexibility and attention to evolving price action are essential when navigating corrective waves.
By monitoring these critical levels and patterns, traders can better position themselves to adapt to the unfolding price action.
Trade safe, trade smart, trade clarity.
SNX LongThe Accumulation Phase (2023-2024) is marked on the chart, showing a period of consolidation where price moves within a range. This phase indicates that buyers and sellers are reaching equilibrium, setting up a strong foundation for future price movement.
The Demand Zone (2025) is represented by the blue dashed area, a key level of support where price could experience a bounce. This zone is crucial as it could offer an entry point for long trades before a potential breakout.
The chart projects a Bullish Breakout (2025 and beyond) , where the price is expected to rise significantly after the accumulation phase.
Potential Target: The price is projected to rise significantly after the breakout, potentially reaching targets as high as $16 based on the breakout from the demand zone.
Overall Outlook: The chart suggests a well-planned accumulation phase with a likely bullish breakout in 2025. Keep an eye on the demand area for potential entries and watch for upward momentum as price breaks above key resistance levels.
LRC Long -> 1.36$Long Position on LRC/USDT
We have entered a long position at the current price of 0.1348 USDT. Based on our chart analysis, we expect the price to soon reach the marked levels.
At each target, we suggest taking partial profits to secure gains and reduce risk.
Targets:
0.50 USDT – First target, take partial profits here.
0.80 USDT – Second target, take more profits.
1.40 USDT – Final target, exit the remaining position.
A stop-loss should be placed below the recent low to manage risk effectively.
VRA LongThe Demand Zone (2023-2024) is showing a significant area of support where price has previously bounced. This area is crucial as it forms a base for future price movements.
The chart projects a Bullish Breakout (2025), where the price is expected to experience a sharp upward movement. The projected path indicates a series of strong rallies after the initial breakout from the demand zone. The price could reach higher levels, as indicated by the upward arrows.
The Time Exit is marked with the red text, which suggests a time window when it might be ideal to exit the position.
Potential Target: The price is projected to rise significantly after the breakout, with potential targets near the higher levels indicated by the chart's upward arrows.
Overall Outlook: The chart reflects a well-formed demand zone with an expected bullish breakout in 2025. Keep an eye on the demand area for potential entries, and monitor the time exit for possible profit-taking after the anticipated rise.
ETC LongThe Accumulation Phase (2023-2024) shows a significant period of consolidation between late 2023 and 2024, where the price remains within a range. This phase suggests a buildup of buying pressure, indicating a potential breakout.
The Re-Accumulation Phase (2024-2025) shows further consolidation after the initial movement, preparing for the next upward move. This phase is important as it forms a solid base for potential price advancement.
A break above the MSB level could signal stronger upward momentum.
Potential Target: The chart projects that a breakout above the MSB could lead to a sharp price movement, with potential targets near $65
Overall Outlook: The chart reflects a well-planned accumulation phase with an expected bullish trend if price can surpass the MSB level.
Movement #MOVE Price / Crypto / Technical Analysis StudyThe transparency in the graphics in this image is quite clear, I am sharing the example for educational purposes, I have been trading in these farms many times. You can make it a classic, the red horizontal line is a strong resistance area that has been tried many times, it is the first area that must be crossed in order to say that the price is rising. The green horizontal line is the current movement support of the price and its closing below the level reduces the price to the test of the yellow line, the main important demand area, and when it cannot find sufficient demand in the yellow line, the price continues its downward movement for exploration and the price tags in the round circle become the minimum target areas.
SUI Roadmap==>>Short-term!!!First, let's take a look at the previous BINANCE:SUIUSDT Roadmap that I shared with you on October 8, 2024 , which was well done with this analysis (I told you both the correction and the increase).
The SUI token has experienced significant growth in the past 24 hours , driven by several key factors :
1- Expansion of the DeFi Ecosystem : The Sui Network has experienced a significant increase in Total Value Locked (TVL), signaling growing adoption and investor confidence.
2- Rising Open Interest : A noticeable increase in open interest indicates higher liquidity and greater participation from traders, further driving price appreciation.
3- Increase in Daily Active Addresses : The number of active addresses on the Sui network has grown, reflecting heightened user engagement and network activity.
4- Haedal Protocol Secures Seed Funding : Haedal Protocol, focused on liquid staking solutions for Sui, closed a successful seed funding round with major investors like Hashed and the Sui Foundation. Its haSUI ( PYTH:HASUIUSD ) token enables users to earn staking rewards while maintaining liquidity for DeFi activities, contributing to Sui's ecosystem growth with over $200M in TVL.
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Now let's look at the SUI token chart on the 1-hour time frame and see if we still have a chance to profit from the increase in SUI!?
SUI managed to break the Resistance zone($5.00-$4.76) and seems to be completing the pullback now .
According to the theory of Elliott waves , SUI seems to be completing microwave 4 of microwave 3 of the main wave 5 .
I expect SUI to start increasing again after the pullback is completed, and we can profit at least +10% from the SUI token .
⚠️Note: If SUI falls below the Resistance zone($5.00-$4.76), we should expect it to fall further.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Sui Analyze (SUIUSDT),1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
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.
SEI/USDT Wave 3 Breakout – Targeting $2.154!SEI has likely bottomed out after consolidating near its key support zone and is now displaying strong bullish momentum, signaling the start of Wave 3.
🔑 Key Insights:
📊 Daily Bullish Divergence: Momentum indicators reveal a bullish divergence on the daily timeframe, supporting a potential trend reversal and breakout to the upside.
📈 Daily MA200 at $0.40: The $0.40 level, aligning with the daily MA200, has acted as a strong confluence zone and a critical support level for SEI.
🔄 Accumulation Phase: SEI has been consolidating near this area, and the recent breakout signals the end of this phase.
🎯 Wave 3 Target:
Minimum Target: 🎯 2.14
Wave 3, typically the most extended and impulsive move in Elliott Wave Theory, aligns with the 2.618 Fibonacci extension, reinforcing the bullish outlook.
🛠 Support Levels:
📌 Key Support Zone: $0.40
In case of a pullback, this level will be critical for a potential retest and further accumulation.
📊 Conclusion:
SEI’s bullish divergence, strong confluence at $0.40, and breakout suggest a promising upward trend. With Wave 3 targeting $2.154, traders should monitor for sustained volume and positive market sentiment to confirm this momentum.
Disclaimer:
⚠️ This analysis is for educational purposes only and not financial advice. Always conduct your own research and trade responsibly.
ADA rejection on the way?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#ADA Rejection on the Way?
Cardano (ADA) has caught the attention of traders with its recent price movements, especially as it approaches key levels that could signal either a rejection or a continuation of its current trajectory. Let’s take a closer look at the dynamics in play and what they might indicate for ADA’s next move.
Recent Price Action
ADA’s recent rally brought it to a critical resistance zone, raising questions about whether the upward momentum can sustain or if a rejection is imminent. Historically, this level has acted as a significant inflection point, and its current behavior aligns with prior instances of strong price reactions.
Key Levels to Watch
1.20: This is the primary level that ADA needs to break and hold above to maintain bullish momentum. A clear breakout here could open the door for further upward movement.
0.77: On the downside, this level represents a crucial support zone. A deep break below 0.77 would not only invalidate the current structure but could also signal a deeper correction.
Potential Scenarios
Bullish Case: If ADA consolidates sideways near the resistance without significant rejection, it could indicate strength and the possibility of an eventual breakout above 1.20. This scenario would align with bullish continuation patterns.
Bearish Case: A sharp rejection from 1.20, especially if followed by increasing sell volume, could push ADA back toward the 0.77 level. In this case, traders should watch for whether 0.77 holds as support or breaks, signaling further downside risk.
What to Look For
Sideways consolidation around the resistance level would be an encouraging sign for bulls, suggesting that ADA may gather strength for a move higher. Conversely, sharp and impulsive downward moves could point to a rejection in progress. Observing price action and volume near these levels will be key to assessing the next likely direction.
Final Thoughts
As with any market analysis, it’s important to remain flexible and responsive to price developments. ADA’s behavior around the 1.20 and 0.77 levels will likely provide critical clues about its near-term trajectory. While rejection remains a possibility, the potential for a bullish continuation cannot be ruled out. Traders should monitor these levels closely and adjust their strategies accordingly.
Trade safe, trade smart, trade clarity.
Supper bullish SUI SUI/USDT is showing a super bullish setup, with strong buying momentum driving the price higher.
The recent breakout above key resistance levels suggests further upside potential, with the next targets likely in focus.
As long as support zones hold, SUI remains positioned for continued upward movement.
dyor, nfa
Ada breaking up out of a Bull pennant.Target for the pennant hound be around $1.86 . I also noticed the.bitcoin dominance chart’s 200ma looks like its finally flipping back to resistance which if so will increase the probability of ADA hitting this pennant target as well as alt season finally officially starting. *not financial advice*
is APT the next SUI?📌Reason for comparison:
APT (Aptos) and SUI (Sui) are two emerging Layer 1 blockchain platforms that have captured the attention of the crypto community due to their innovative designs and shared heritage.
Both were developed by teams with backgrounds in Facebook’s abandoned Diem project and use the Move programming language, making them natural counterparts.
📌 TA Comparison:
Last year, SUI performed well despite being launched just a few weeks after Aptos.
Will this year belong to Aptos?
If APT follows SUI's price action, we can expect further upside from here after finding the second bottom, as indicated on the chart.
A parabolic movement is likely to begin once APT breaks above the upper boundary of the range.
What are your thoughts?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Phemex Analysis #49: How to Trade FARTCOIN Like a Pro. FARTCOIN ( PHEMEX:FARTCOINUSDT.P ) has taken the crypto world by storm this week, skyrocketing nearly 100% in value and capturing the attention of traders everywhere. This meteoric rise is fueled by its unique positioning as a blend of AI agents and meme coin culture, a combination that has resonated with the market. Riding the wave of the surging AI Agents category—led by heavyweights like VIRTUALS and AI16Z—FARTCOIN has solidified its place as one of the hottest tokens in the space.
But with such explosive growth comes volatility, and traders are now asking: What’s next for FARTCOIN? Today, we’ll analyze its key support and resistance levels to craft a trading plan that prepares for multiple scenarios. Whether you’re chasing highs or looking to buy dips, understanding these levels is crucial to navigating FARTCOIN’s unpredictable journey.
Scenario 1: The Bullish Surge Continues
Imagine this: FARTCOIN’s rally shows no signs of slowing down. Buyers keep piling in, pushing the price past its immediate resistance at $1.433, followed by $1.482—both key levels that could signal continued bullish momentum. If this breakout happens with high trading volume, it might present an opportunity for traders to ride the wave higher.
However, it’s essential to remain cautious as prices approach psychological resistance levels like $2.00 and $3.00. These round numbers often act as profit-taking zones where traders cash out, creating potential pullbacks. For those looking to capitalize on this scenario, timing is everything—chasing highs can be lucrative but also risky if momentum fades.
Scenario 2: A Healthy Retracement
Even the hottest coins need to catch their breath after a massive rally, and FARTCOIN might be no exception. In this scenario, we could see a temporary retracement as the price dips back toward $1.25—a key support level—to consolidate and build strength for another move upward.
If trading volume decreases during this pullback, it could signal that sellers are losing steam while buyers quietly accumulate positions. Prices might bounce between $1.25 and $1.43 during this phase, forming a base for the next leg up.
For traders considering an entry during this consolidation phase, risk management is critical. Setting a stop-loss just below $1.25 can help protect against unexpected drops. Alternatively, you could wait for a confirmed breakout above $1.43 before entering to ensure momentum is back on your side.
Scenario 3: The Bearish Reversal
While optimism surrounds FARTCOIN’s recent performance, it’s important to remember that anything is possible in the volatile world of crypto trading—including a bearish reversal. If prices break below $1.25 with high selling volume, it could signal a deeper correction ahead.
In this case, traders should watch for support levels at $1.08, $1.00, and even as low as $0.88. These zones might attract long-term bullish investors looking to “buy the dip,” but caution is warranted if bearish momentum continues to dominate.
For those who believe in FARTCOIN’s long-term potential, these lower levels could present attractive buying opportunities—but only if you’re prepared to weather short-term volatility.
Trading FARTCOIN Like a Pro
Navigating FARTCOIN’s wild price movements requires discipline and adaptability. Here are some tips to trade like a pro:
•Stay flexible: Prepare for all three scenarios—bullish breakout, consolidation, or bearish drop—and adapt your strategy accordingly.
•Manage risk: Use stop-loss orders to protect your capital in case of unexpected reversals.
•Take profits strategically: Don’t get greedy; consider taking partial profits near key resistance levels like $2.00 or $3.00.
•Follow the Volume: High trading volume often confirms the strength of a breakout or breakdown, so keep an eye on this critical indicator.
•Be patient: If you’re unsure about entering during consolidation or retracements, wait for clear signals before committing your funds.
FARTCOIN’s story is far from over—it’s just getting started. Whether it continues its meteoric rise or takes a breather before its next move, understanding key levels and scenarios will help you trade with confidence amidst the chaos of crypto markets!
Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
FLOKI/USDT at Strong Support: 50% Upside Potential on the HorizoFLOKI/USDT is showing strong support at the marked zone. If the price holds above these levels, there’s potential for a 50% upside move from the current market price (CMP).
This bullish outlook is further supported by USDT.D (Tether Dominance), which is facing strong rejection at key resistance levels—a positive sign for altcoins overall.
DYOR, NFA
Phemex Analysis #48: How to Trade Ethereum like a Pro Trader. Ethereum ( PHEMEX:ETHUSDT.P ) has been on a rollercoaster ride recently, with its price declining from a high of $4,112 to a low of $3,100. After this significant drop, the market seems to be finding its footing, with ETH now trading around the $3,400 mark. Traders are closely watching the charts to determine the next big move. Here’s a breakdown of the possible scenarios and how they might unfold:
The Calm Before the Storm: Consolidation Phase
At present, ETH appears to be consolidating within a range, oscillating between $3,550 and $3,215. This phase of sideways movement often reflects indecision in the market as buyers and sellers battle for control. For traders, this is a time to exercise patience. A breakout from this range—either upward or downward—will likely set the tone for ETH’s next major trend.
If ETH continues to consolidate, it’s essential to avoid jumping into trades prematurely. Instead, wait for a decisive breakout beyond $3,550 or below $3,215 before making any trading decisions. Consolidation can be frustrating for momentum traders, but it also provides an opportunity to prepare for the next big move.
Scenario 1: The Bulls Charge Ahead
A bullish breakout above $3,550 could signal that Ethereum is regaining its upward momentum. Such a move would likely need to be accompanied by high trading volume to confirm its strength. If this happens, traders may consider entering long positions.
However, it’s important to keep an eye on key resistance levels. The $4,100 mark looms as a significant barrier where selling pressure could intensify. This level represents the previous high before ETH’s recent decline and could act as a psychological hurdle for buyers. As such, taking partial profits near $4,100 might be a prudent strategy to lock in gains while reducing exposure to potential reversals.
Scenario 2: The Bears Take Control
On the flip side, if ETH breaks below $3,215 with high volume, it could indicate renewed bearish pressure. In this case, the price might test the recent low of $3,100 or even dip further into the $3,000 zone. For long-term investors or those looking for value entries, this could present an opportunity to buy ETH at a discounted price.
However, caution is warranted if ETH drops below the critical $3,000 level. A break below this psychological threshold could signal deeper weakness in the market and might suggest staying out until signs of stabilization or recovery emerge.
Navigating Uncertainty: A Professional Trader’s Mindset
The current state of ETH/USDT highlights the importance of adaptability in trading. Whether the market consolidates further or breaks out in either direction, having a clear plan is crucial. Here are some key takeaways for navigating these scenarios:
(I) During consolidation: Stay patient and avoid overtrading. Wait for clear signals before committing capital.
(II) In case of a bullish breakout: Watch for volume confirmation and manage risk by setting stop-loss orders and taking profits near resistance levels.
(III) If bearish momentum takes over: Look for buying opportunities near support levels but remain cautious if prices fall below critical thresholds like $3,000.
By preparing for multiple scenarios and staying disciplined in execution, traders can position themselves to capitalize on Ethereum’s next big move while managing risk effectively. As always in trading: plan your trade and trade your plan!
Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.