SOLUSD Tight Risk Buy PointWorking up the right side of a quality base, digesting the 1,100% run from September 2023 thru March 2024. High volume flush in April that was quickly bought up, shakeout in early-May, reclaim of important VWAPs, volume declining as it works its way up the right side.
Now with the current volatility contraction, it setups up a potential early buy point within the base over 175 on a thrust in volume. The most aggressive stop placement would be just under the 163.50 low from 5/30. I will personally give it room to fluctuate until a decisive break below my cost basis around 150-ish.
BASE
MFER could melt faces here! KEEP AN EYE ON IT! It looks like MFER is about to break out of a two-month-long falling wedge pattern. If the bulls take charge, this could lead to a significant price increase. Unlike many other artist coins, MFER hasn’t experienced a dump at every rally. Instead, it has built a strong range that supports future price action.
Key points:
- Support zones are highlighted in green.
- Resistance zones are highlighted in red.
- The dotted trendline indicates a bullish trend. If it breaks, it will fall into a strong support zone.
This situation is definitely worth watching closely. Let’s see how it develops!
Bitcoin Time to Buy 1. "Bitcoin is a technological tour de force." - Bill Gates
2. "Bitcoin is the currency of resistance." - Max Keiser
3. "Bitcoin is a remarkable cryptographic achievement." - Eric Schmidt
4. "Bitcoin is a very exciting development, it might lead to a world currency." - Milton Friedman
5. "Bitcoin is a tool for freeing humanity from oligarchs and tyrants." - Roger Ver
6. "Bitcoin is the most important invention in the history of the world since the internet." - Roger Ver
7. "Bitcoin is a remarkable innovation, a digital currency without a central authority." - Gavin Andresen
8. "Bitcoin is a mathematical protocol, a breakthrough in technology." - Andreas Antonopoulos
9. "Bitcoin is a hedge against the world's collapse, a store of value in a digital age." - Cameron Winklevoss
10. "Bitcoin is a rebellion against the monetary system, a revolution in finance." - Unknown
AERO, ready to fly? Elliott WaveIf you find this information inspiring/helpful, please consider a boost and follow!
Aero looks like it is in the midst of an impulse down.
Though it is in the algo entry area, would like to see the LHs taken at some degree for the potential of a trend change.
These levels are pretty obvious, so a break or reaction off of them would be a nice piece of confluence.
A spicy chart PROPThe PROP chart is pretty spicy. We can see a bullish trend with a bullish pattern (usually i don't like to use common pattern) and in some hrs the price will take an action. Where it will break first? Above the main triangle or below the triangle? Just the master Bitcoin can give us this answer, but i think we have more chances to go up. More updates as soon as we will see a breakout
#techmahindra trendline breakFirst things keep yo mind tech sector is pretty weak. Structure of stock is pretty good after reversing from supp line broked falling trend line. If sustain than it can give good return but keep first thing in yo mind above mentioned. Sector is weak it can impact stock too in simple it risky setup.it for education purpose only. am will not responsible for your any lose.
ROOST - sell off done - longKeep it simple...
Don't fade hyped meme coin - Roost (meme on base chain) sell of is done.
I think Roost will go back to all time high quite quickly ( about 3x - price 0.14 Uniswap).
We could eventually see some reaccumulation before it's shut up again.
Track the trendline and lather in in higher low on 1h time frame, is my strategy.
MEDIA Network Protocol - low market cap altcoin on BASEIt allows anyone to organically serve content without introducing any trust assumptions or pre-authentication requirements. Participants earn MEDIA rewards for their bandwidth contributions, a fixed supply SPL token minted on Solana’s Blockchain.
High risk high reward and would be lying if I said it wasn't a good value buy right now for later in the bull market.
Not sure what that massive spike was but I expect lots more volatility given its only 8 Million dollar market cap!
NFA
BASE DEX AERO RUNNING RUNNING RUNNINGCoinbase released a chain called BASE
BASE has been performing alright as a chain in relative standing. On a day to day basis its sitting roughly around 10th place in terms of overall dex volume. Behind chains like Eth, BSC, Sol, Arb and 5 others.
This chain is a nice money maker for Coinbase as a company and is something Coinbase is likely to try hard to expand. Coinbase as a centralised exchange (and custodian) is esp interested in having exposure to the decentralised exchange space.
The largest volume on BASE is AERO
Aerodrome is getting the most volume on the BASE chain per DEX. It is also magnitudes higher in terms of total value locked. Aerodrome is fundamentally dominating the BASE space in terms of DEXes. This is why AERO is running hard and has plenty of upside in it as it is not already a large cap relative to crypto valuations. Let alone circulating market caps.
Keep an eye out on AERO
OKB's Patterns: Fractals and Breakout Power🚀In the intricate world of market patterns, OKB appears to be retracing familiar footsteps, echoing fractals of its past movements. A closer look suggests the formation of patterns reminiscent of a previous significant breakout. Let's delve into the current landscape of OKB and the potential for another explosive move.
Chart Analysis: Unveiling the Patterns
Fractal Repetition:
OKB is displaying patterns that mirror fractals observed in its historical price action.
These fractals are notably reminiscent of a substantial rounded base formation that preceded a rapid upward surge.
Previous Breakout Blueprint:
In a prior instance, OKB formed a substantial rounded base, establishing a foundation for a powerful breakout.
The current patterns, while on a daily timeframe instead of weekly, seem to echo the blueprint of the earlier breakout.
Anticipated Scenario: A Prelude to Potential Breakout
Pattern Recapitulation:
The current retracement and pattern formation resemble a condensed version of the previous rounded base.
Fractal repetition suggests a potential precursor to a significant market move.
Breakout Potential:
If history repeats itself, the current patterns may indicate an imminent breakout.
Traders should watch for a decisive move above key resistance levels as a potential trigger for a new bullish cycle.
Strategic Positioning:
Active traders might consider strategic entry points within the current pattern, anticipating a breakout.
A cautious approach involves setting stop-loss orders and closely monitoring key support and resistance levels.
Strategic Approach: Navigating the OKB Landscape
Pattern Recognition:
Traders and analysts should pay close attention to the evolving patterns, drawing parallels with historical fractals.
Identifying similarities can provide insights into potential future price movements.
Breakout Confirmation:
Confirmation of a breakout would involve a decisive breach of resistance levels and sustained upward momentum.
Validation of the fractal pattern may signal the beginning of a new bullish trend.
Conclusion: OKB's Symphony of Fractals
As OKB retraces patterns reminiscent of its historical fractals, market participants find themselves at the edge of anticipation. The unfolding symphony of fractals suggests a potential breakout scenario, with traders and investors poised for the next act in the OKB narrative.
🔄 Fractal Symphony | 🚀 Awaiting the Breakout | 🔄 Echoes of Past Movements
❗See related ideas below❗
Share your insights on OKB's patterns and contribute to the collaborative analysis, enhancing our collective understanding of this digital asset. 💚🚀💚
COINBASE Needs one more dip before it turns a buy again.Coinbase Global (COIN) is neutral within the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) after the July 14 - August 18 fall. Even though the 1D MACD has formed a Bullish Cross, we don't think this is a buy opportunity yet, at least not until the 1D MA200 (orange trend-line) gets tested. We have seen this Channel Down-into-consolidation pattern before and always ended with a new Low. The Higher Lows trend-line is there to offer Support long-term (has been doing so since the start of 2023). Our target after that dip will be the 1W MA100 (red trend-line), which is the long-term Resistance. We expect a potential contact around 98.50.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
BAKE going fractalobolicYou say FRACTAL I say BINANCE:BAKEUSDT !
Just look at this! 30m TF right before and 1h TF at newest formation, the same structure with the volume, almost the same FIB.
Adding to the fact that we're about to break the Long going trendline
AND the fact that it has just announced a partnership with BASE L2 blockchain
We might see the very parabolic move. Are we gonna see next 200%? It's a matter of days if we'll see it.
High Risk. High Volatility. Probable High and quick reward.
U - Bullish DivergenceU had been building a base since Last Sept (10 months in the making now) and had remained above its 200-day moving average since 6th June this year. We also saw a Golden Cross on 28th June. Hence the longer-term picture of U remains potentially bullish except that it has been very volatile since its first attempt to break above its basing neckline @ 42-43 on 16 June.
U has now broken up its neckline for the 3rd time (since 16th June) and once again, experienced another steep pullback (for the past 5 days). The pullback now appears to be stalling at the neckline and a bullish divergence is between its price and RSI is also emerging.
Could this bullish divergence be a clue to its earnings announcement (expected on 2nd Aug)?
However, bear in mind there is always an inherent risk to trade during earnings.
Should the stock be able to stay above its neckline in the coming days, then the odds have increased that it's uptrend could gain more stability (just hopefully though!). Meanwhile, buying the dips is still a safer way to approach this stock.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is (probably the most) important! Take care and Good Luck!
BTCPERP 1D is a 10% drop coming?Hello my beloved wolves of wall street,
Today I found a flip zone base that dropped btc's price a lot (the first arrow on the left) , of course the reasons for bearish trend of btc was wyckoff,Interest rate, ect.. BUT that base also did a lot, anyway,I see a channel cycle that price is going to make it. Those 3 pink rectangles are our 3pushes for our channel cycle, I think when we return to that flip zone base price will drop a lot.
So two things are giving us signals for drop: 1- 3 pushes pattern in channel cycle 2-returning to a flip zone base