WIF/USDT: DOUBLE TARGET SETUP - 160% POTENTIAL MOONSHOT
Technical Analysis:
- Current price: 1.917 USDT
- Strong support level forming at trendline confluence
- Significant volume spike indicating potential reversal
Entry Strategy:
✅ Strategic Entry: 1.500 USDT
- Key historical support zone
- Trendline support confluence
- Oversold conditions on multiple timeframes
Target Projections:
🎯 Target 1: 2.930 USDT (95% ROI)
- Major resistance level
- Previous market structure
- Key psychological level
🎯 Target 2: 3.918 USDT (161% ROI)
- All-time high retest zone
- Major fibonacci extension level
- Huge potential reward zone
Risk Management (CRITICAL):
⚠️ Stop Loss: -5% below entry
- Clear invalidation point
- Protected by major support
- 1:19 and 1:32 Risk-Reward ratios
Key Catalysts:
- Major trend line support holding since August
- Volume profile suggesting accumulation
- Multiple timeframe alignment
- Clear market structure for upside
Trading Plan: 🚨
1. Scale in near 1.500 USDT
2. First take-profit at 2.930 (50% position)
3. Trail stops after first target
4. Hold remainder for moonshot target
⚠️ Important Notes:
- High-conviction multi-target setup
- Patience required for entry
- Volume confirmation essential
- Scale-in approach recommended
🔔 Remember:
- DYOR (Do Your Own Research)
- Never risk more than you can afford
- Set proper position sizes
- Follow your trading plan
#Crypto #WIF #TechnicalAnalysis #SpotTrading #CryptoGems #MoonShot 🚀
Would you like me to break down any specific aspect of this analysis further?
Atlseason
Why Investors Should Pay Close Attention to ETH's Price ChartDear my friends,
While Bitcoin (BTC) remains the most well-known cryptocurrency, all eyes are now turning to the upcoming "Altcoin season," with Ethereum (ETH) poised to break out.
To support this claim, let's take a closer look at the price chart of ETH. Firstly, we can see that the price has broken out of a multi-month downtrend line, which is a significant technical event that suggests the end of the bearish trend.
Furthermore, the Relative Strength Index (RSI) has confirmed this breakout, indicating a strong bullish momentum. Most importantly, the 100-day Exponential Moving Average (EMA) is about to cross the 200-day EMA, which is a widely recognized bullish signal.
This crossover event is particularly notable as it could indicate a longer-term uptrend for ETH. The EMA is a widely used technical indicator that smooths out price fluctuations to identify the overall trend direction. The 100-day EMA crossing above the 200-day EMA suggests that the short-term trend is gaining momentum and could continue to rise.
In summary, these technical indicators suggest that Ethereum's price is likely to continue its upward trajectory and signal the beginning of the Altcoin season. Investors may want to pay close attention to the potential developments of ETH in the near future.
Thanks!
BITCOIN, Basic and neat analysis for position tradersI want to see bitcoin around 20,500 ish in order to meet the correction of the price action on its 61.8% Fibonacci retracement.
Weekly RSI is looking good, we are above 30 on today's price. But if you wanted to secure a position. You can buy a small portion of your margin around 21k just make sure to calculate your risk and potential loss because we can't predict the market 100% but we can prevent the higher potential loss in the market.
Long term analysis, BULLISH
Short term, this might be the bottom part of the dip. As long as we are above 30RSI on weekly time frame and we are near 200 moving average we are safe.
If we broke the 200 MA average and the RSI is above 30. We will see a series of green candles ahead, that's a strong indication of long bias in the market.
stay tuned, I wanted to be active on sharing my insights in the market.
Trade safe!
Bitcoin / Flage Pattern /We still believe that ALTSEASON is on 1- In this section, I want to present you the simplest bitcoin analysis. This analysis consists of only a simple channel that has been with Bitcoin since its inception.
2- In previous analyzes using the Elliott method, we saw that bitcoin could be priced at 30,000 or less.
3- We still believe that ALTSEASON is on its way
When is the new Altseason?Hello, everyone!
I told you in the previous analysis (link in the description) that the Bitcoin is probably following the Accumulation pattern. Based on this theory I want to suppose that before the change in the trend direction we need to see the true divergence with MACD – the strongest TA signal, which gave the short signal on $65000.
The price on the daily chart now shows the decreasing bearish momentum, but not the true divergence. We need to see the rally to the 20MA and the final drop lower than $45000 to form the true divergence. On the Accumulation formation it usually coincides with the Spring event. After that the trend reverse is anticipated.
There was the first condition of the altseason. The second one is connected with the TOTAL3 chart – altcoins marketcap excluding BTC and ETH. I think that the shitcoins are the most interesting now, because demonstrated the huge correction. On the TOTAL3 we can see the Broadening Falling Wedge – bullish formation, but first of all we need to see the local Resistance breakout. The MACD divergence have already formed here on the 12H timeframe, it means that the altcoins is going to outperform the Bitcoin in the nearest future.
Watch out for a move with BTC.DFor those who don't know, btc.d shows if the money is flowing into BTC or into Alts. When it's dumping, we get epic alt seasons, when it's pumping, alts, for the most part, get destroyed.
Keep in mind this doesn't predict if Btc itself is pumping or dumping. But right now, it's looking like the BTC show is about to take off. Keep this in mind when looking for alt positions.
The best entry for Altcoins is when you find a good short idea on btc dom. Right now, it's looking like an inverse head and shoulders, breaking out of a falling knife, meaning we could see
some explosive moves on this chart, it would be bad for alts.
$XCUR at a key level• 95% circulating supply (big yes). The majority of it(Over 60%) is with holders.
• Good community following and engagement
• 38m market cap in a growing space. Rank #586. If it makes the top 100 which is very much possible, will have a market cap of about 800m.
800/38= 21X. That's 21x given similar market conditions.
• Low commission, gasless, multichain NFT marketplace
• Clean UIU/UX
• Good partnerships: Expedia, Shooping.io, travala, Viator
• Token burns
TA looks good,
- Broke out of downtrend and laddering up
- Origin level at 4.722. Break and retest is a good buy zone
- Bullish Moving averages aka trend
H/e,
• RSI overbought
• Lots of competition: Opensea, rarible, binance,etc
Idea credit: Bitcoin Chris
$BTC In this technical analysis, it shows hidden divergence in 4 hours time frame. Fair enough to indicate a good sign of correction.
One thing is the falling wedge pattern from the top before the dump.
BUT. Bear momentum is very strong, it might invalidate anytime and it could break the parabolic structure.
If 41k level doesn't break, i want to see a consolidation phase before the pump continues.
That's all for today. Happy trading.
Recap to my bias.
-Falling wedge.
-RSI indicates hidden divergence, or bullish divergence.
NOT A FINANCIAL ADVICE. Trade at your own risk.
Massive profit potential trade (EOSBTC)EOS/BTC
We are setting a momentum long order for EOS. It has tested this resistance again and every time it tests this it will get weaker. Our Order is placed so that if EOS wicks up it shouldn't wick is into the order and trade lower although this is still a possibility.
Pros for this trade:
EOS is at a very low price and we are attempting a trend reversal trade by catching it here and riding it up as long as possible.
Cons for this trade:
EOS can wick us in and get rejected by this area once again.
This is what our trade will look like.
Risk Rating: 9/10
LONG 10x
Entry: 980 sats
Stop Loss: 950 sats (-31%)
Target 1: 1009 sats (+21%)
NOTES:
We are trying to trade a reversal on EOS as it can start a major new uptrend at any given time now. We will de-risk our position when we see the opportunity to do so but we also don't want to get stopped out to soon or take profits too soon. Use a small amount of position sizing so that your risk is already lowered that way.
Line Colour Code:
Y: Entry Prices
G: Target 1
R: Stop Loss
BTC Dominance continues to SurgeAlt-coins definitely not feeling any love, could be make or break for them, watching this chart closely and if it corrects downwards, and the long term downtrend continues, they may see some serious gains. A good strategy might even be to buy alts and wait. Not trading my BTC for alts though, too dangerous at this point in the game. Only looking to sell some ALTS for BTC if the time every comes where it's worth it. Dollar-wise the alts have done well since 2018, but not so much against BTC in most cases. Diversification matters though, because they are so small, you can make money on them.
where are the alts? bchbtcMy friends,
Could we see something good next weeks?
Yes we have a chance, bitcoin can be now in the middle of abc correction...if so, we will see more red on btc. Well, this is a good information for the alts, some capital should came here and more positive colour will appear.
See you soon