ADA - Long IdeaADAUSDT sitting on major weekly support in these areas, so If you believe these areas will hold (on most Alts as they are looking very similar) then this is the highest RR you will get. Look out for Bear traps and big push back up.
ALTS
BNB - potential mid-term uptrend continuationHello,
The biggest and most popular exchange token continues to be relatively stable compare to the rest of the Top 10 coins.
Moreover, the technical analysis on both the daily and weekly timeframes favors a potential uptrend continuation.
The BNB/USDT pair closed the previous seven-day period at the mid-term diagonal resistance on the 1W chart and a breakout confirmation this week, combined with the fact it bounced back perfectly from the $260 support and completed a Bull Flag consolidation, might result in a 20 percent jump to the next resistance area (from the current price levels).
This of course is if BTC and the overall markets condition does not worsen and supports a broader market relief rally instead. Additionally, the zone right below $300 is where the 21-period EMA and the last lower high sits, which can easily turn to be a rejection area for bulls.
Regards
BTC OutlookI expect 2 scenarios according to rainbow chart prior to halving.
1: White Line (similar to 2020 halving): Bitcoin can reach 50K in March 2023, then revisiting 31K in September 2023, again a bit up and down and rally starts by April 2024 when the price is near 50K. Bitcoin price will be 200K-400K by 2025 end.
2: Pink Line (similar to 2016 halving): Bitcoin can rise steadily without much up and down. It may go to 33K in February 2023. Its price can revisit 27K and rally starts by April 2024 when the price is near 50K. Bitcoin price will be 200K-400K by 2025 end.
I need to mention that Bitcoin has almost never breached below the dark blue colour since its creation. The world was not always joyful before. There were happy and sad days; therefore, I would not attribute U.S. economic stance including its inflation and interest rates, stocks correlations and DXY index, Ukraine war or other geopolitical issues with Bitcoin. It is interesting to know that Bitcoin has been denying to be correlated with these since June 2022. Checking the technical stance, we can see that MACD 12 has beaten 26 in the weekly timeframe which is a bullishness sign. Weekly RSI has also crossed through the downtrend. Some folks say it does not mean it will rise by here and it will hit the top of broken trendline, but the chance of RSI rise is 80% already. To sum up, I think this market is bullish.
$BTC & Crypto Market Analysis UPDATEDHello TradingView, today I'll be updating my previous analysis on BINANCE:BTCUSDT , the good news is we could be approaching our first buy zone.
Inside my previous analysis, we predicted BTC to hit $18,000 if $29,000 was lost. Now It's important to consider what potential outcomes can come as we sit at $18,000. H1 (orange support on chart) was set in 2019 and hasn't been touched. We are approaching the same level which could potentially act as a strong support zone, which if held will most likely lead to a run toward $33,000, if it doesn't hold I believe we will sell off to $13,970 with a potential retest of $18k range to confirm downtrend (back to $13,970, $12k then $6.6k if levels are lost).
Overall, I do have buy zones in mind and plan to act on them. It's likely that retail & institutional traders will start reacting to these buy zones, ultimately leading to our next cycle going into 2024.
This is my personal analysis and is for educational purposes only. Please do your own research and be responsible.
DCJ
SNXUSDT Long-Setup +233% GAINS 🚀Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Here's a long setup bullish idea on SNXUSDT. I have been bullish on this altcoin for months now and have already taken 30% profit, however I have my eye on the pie 🤑 and believe that +230% is a modest increase compared to the first parabolic run on SNX which went up a whopping +1100 % .
Interested in XRP ? Check out this idea on XRPUSDT :
Have a great weekend 🥂
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CryptoCheck
ATOM LONG IDEAATOM seems to have found some daily support at these levels. We are long from here, with invalidation sub 12.
BNB Forecast 📊 (H4)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
- We have a 4Hr Whale block
- We have large imbalance to be filled
- Looking to generate liquidity inducements before moving into our Whale Block
- If supply hold we will be looking to sweep liquidity lows
- Will monitor Whale block on LTF
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
CHZ Forecast 📊 (H2)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
- Price is right now at our demand zone.
- Has filled out the imbalance.
- Purged the liquidity pool generated as inducement.
- We could expect price to shift bullish and fill the imbalance and also, hunt the trend line liquidity resting above.
- Waiting for a confirmation BOS as we still have a lower POI in play
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
ADA Forecast 📊 (H2)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
ADA Forecast 📊 (H2)
- We have a 2Hr POI
- We have large imbalance to be filled
- Looking to generate liquidity inducements before moving into our POI
- If supply hold we will be looking to sweep trend line liquidity
- Will monitor POI on LTF
- If price break POI we can look for price to turn bullish
- 200 EMA Confluence
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
FINAL WARNING BEFORE CAPITULATION BTCBTC distribution almost over. get ready for seasonality to take over in October for a capitulation event that will support an EOY rally. targets are 16500-11500
ALT COIN MACRO REPEAT - update OCT 2022An update on the ALT macro repeat idea i posted before.
I wanted a map for the continued downside option here.
FTM Looking to move Higher!?When taking a look at FTM on the 4hr timeframe, we can see that it has found support around .22. I went ahead and marked out the most important levels to trade. If we lose this support, the next key support is 12% down. LONG supports, SHORT resistance!
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
XRPUSDT - Too Late to Jump in? 🤔Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
If you've been following me for a while, you'll now that I am extremely bullish on XRP - have always been. Infact, here's a recent video I made on the potential and why I am bullish on XRPUSDT :
XRP is currently trading right under the first ever major support zone around 40c. There is another 9 Days left on this monthly candle. What we need to see now, is a monthly CLOSE ABOVE this level. If we do, we can consider more bullish price action for XRP and I'd be happy to add a short term swing spot position with a TP zone at 47c. That would be an easy, low risk 12% increase. However, if not, then this was likely just a fakeout and more bearish price movement can be expected.
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CryptoCheck
Alts Market Current StatusThis is just an idea. Nothing special or advise. This is what i think about Alts market right now, i think it should be better to wait for next moves before entering or exiting the alts market atm.
ALTPERP what would you say, huh?Last several months were brutal already, making us a bit sceptic about further lows as how long can this go ?!
But also a big chunk of the market is really focused on catching really low prices, accepting the way we are going. That would be too easy. Here we landed on great support and we are close to the top of the descending channel. It looks like a breakout to the upside could be possible, having in mind RSI got totally oversold - and we could have a small run up to retest a strong resistance, before retesting the bottom of the bear market.
Stay safe.
TRX - Bullish Setup in a Bearish MarketHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, a quick video on TRON / TRXUSDT with a potential long setup with a low risk and high reward. This trade is based on the fundamentals of buy the support zone and sell the resistance zone. We also take a quick look at the volume to back up this potential trade.
While you're here ! Check out this weekly outlook on BTC 👀
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📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow
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CryptoCheck
More downward movement for BTC ?Market seems falling part , things can change in an instance , keeping this in mind the current structure shows it wants to go lower.
Now removing the bias and inverting the chart you can notice like in an up trending market , that this is the 5th time BTC is tapping the $18,500 support level . Which in the case we lose the support the next three levels I will be looking at are the following :
$17,500
$16,000
$12,500
Expect 12-20% lower from here on TOTAL2 before potential supportUpdated my TOTAL2 macro chart - I called the timing/level of the market rally in my first version based on TA.
Reviving this chart because once again, blood is in the water. I'm not predicting it will catch support and rally again at the exact same level;
I'm merely reminding you that this is the next significant level of POTENTIAL support, and there's still a 12-20% drop before we get there.
Careful out there, and keep stops in place. With FOMC in a few days, clearly this will be a volatile week.
Happy Trades,
CD
Altcoins Blood Bath Coming ..? ( Bitcoin Dominance Bullish )#Bitcoin Dominance Chart Analysis:-
#BTC Dominance currently trading at 40.87%
Last Post I told You 40% will be Reversal and same Happened.
Now I am bearish on Altcoins.
We can see Bitcoin Dominance 50% in few weeks.
And BTC pairs more down from this level.
I personally Expecting 30-50% more down Altcoins from here.
BTC Dominance is inverse Proportional to Altcoins. ( BTC pairs )
Resistance:- 50% / 58% / 66%
Support:- 39%
Ichimoku Analysis for TOTAL278.6% is a good local support. Losing it will be BAD for #ALTS . Keep an eye on Tenkan/Kijun crossover for further direction on this.
ENSUSDT 💎GEM💎 Parabolic Potential !Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, another undervalued crypto with great potential that is currently trading in consolidation and looking ready for a breakout - ENSUSDT.
ENS is a Blockchain domain naming protocol built specifically for the Ethereum Blockchain. Using it allows customers to create human-friendly and readable usernames for their Ethereum-based crypto wallet, and decentralized websites and apps. A first of its kind and simply put, ENS is a decentralized, open-source and permissible naming system running on Ethereum smart contracts. This is another gem in the rough that I believe may have parabolic potential during the next bull cycle.
It is my belief that this time of the season / cycle is the best time to accumulate and look for new opportunities in the market. If you're interested in the TOP altcoins I'm watching, check out this idea 👀
Have a great weekend 🥂
_________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow
We thank you for your support !
CryptoCheck
AAVE looking greataccumalating aave at the levels could see a nice 5x easy
as soon as we break the downtrend and break this falling wedge could see a nice move up
BITCOIN CHART- All Levels and ScenariosHi everyone,
Market is (as always) volatile and unpredictable until it becomes predictable.
This is a chart with all BTC levels i would like you to know. Levels I would trade either long or short once they appear.
For the moment I am hedged in a big degree, with Long vs Short on SP500 vs DAX in indices and ATOM-EOS-ETH-AAVE vs GMT/ENJIN/ APE on alts.
Will post some more charts today for all of you as the market is unclear but charts are always there to help with entries. No harm to mix and hedge, im think it's the best idea under the circumstances and the changing market conditions atm.
One Love,
the FXPROFESSOR
