Altcoins
BTC - 15m Scalp OpportunityCOINBASE:BTCUSD is consolidating within a narrow range, and a breakout could trigger a strong move. Given the sharp drop yesterday, this ascending channel may act as a bearish flag, signaling a potential continuation of the downtrend.
If BTC loses support, expect another significant fall. Watching for a breakdown confirmation!
📉 Stay alert for price action signals!
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.