🔥PEPE IS AT A VERY DELICIOUS POINT AFTER FUDRecent FUD about Pepecoin (PEPE) brought price to the local lows and even below the key level of $0.00..82. A lot of sl were wiped out.
Additionally, huge liquidations give the chance for whales to buy more coins on this BTC dump. Pepe is no exception
The huge support is a low border of the channel. The return inside will be additionall bullish confirmation.
💥Dump ends? Let's see.
Btc-bitcoin
🔥LOOK AT FLOKI REVERSAL POINTS: -67% AFTER BINANCE LISTINGHi, friends! Floki Inu is going to update the lows at $16.08. This will be a good entry point.
Also, you can this altcoins because it's a good point after -60% after the listing of fresh alts. Aptos and Render grown by 300-400% after such drawndown. Additionally, lot's of FUD appeared last days about memecoins.
Floki has only $163M of cap. How easy it will pump by 50% to it's closest resistance (order flow) or even to listing highs by 200%? Very easy and fast.
💥 why no one talk about #altseson? think about it and get a FREE pdf guide on how to buy altcoins on spot and make 10-20x in pinned links👇
🔥Memecoin Everyone Missed: LADYS next DOGE❓Milady Meme Coin (LADYS) fell by -90% after its listing. Such altcoins as PEPE, FLOKI which we bought recently already grow by 80-100%. Memecoins are in trend now and LADYS is one of that coins that still underperform.
Just $ 31M cap in comparison to $9.7B of DOGE cap.
💥 It's a rhetorical question of who will grow higher during BTC pump.
like❤️ and follow
Check the links and get a BONUS from me👇
Bitcoin Standing Strong Amidst Selling PressureThe cryptocurrency market has been experiencing downward pressure due to Bitcoin's performance, with the market cap valued at $2.2 trillion as of Monday. Despite some growth over the weekend, the market has been on a steady decline since March 14th, characterized by lower lows and lower highs. Cryptocurrencies have been receiving support from an increase in risk traction in stock markets, but also faced internal pressure due to asset sell-offs by miners and fears of tighter regulation of cryptocurrencies.
Bitcoin's performance has been largely responsible for the current state of the overall crypto market. However, it has been exhibiting some resilience over the past two months, garnering significant buyer interest as it approaches the $60K mark. A failure to maintain its current level could potentially trigger a panic sell-off. A rise above FWB:65K , with the price fixing at the 50-day moving average and the reversal area in early May, could signal a more positive scenario.
US venture capital fund Pantera Capital has invested an undisclosed amount in CRYPTOCAP:TON , citing the project's potential to become one of the largest crypto networks. Ethereum co-founder Joseph Lubin expressed concern that the US SEC is impeding innovation, which could jeopardize the future of the country's financial system. ARK Invest and 21Shares have removed staking from their application to launch a spot Ethereum-ETF, possibly indicating an attempt to clean up paperwork based on SEC comments.
Bitcoin's Dual Scenario Analysis 📊Bitcoin (BTC) currently presents two possible scenarios, each with unique potential outcomes. Here, we'll explore both without assigning specific probabilities to avoid bias.
Scenario A: The Bearish Outlook 📉
In this scenario, Bitcoin is forming lower highs and lows within a small cycle. A descending channel could also be drawn if desired. For this scenario to activate, the price needs to consolidate below the $60,000 mark. Should this occur, a downward movement towards the $48,000 area may begin.
Key points to consider:
A knot at the $55,000 level on the 4-hour timeframe could potentially reduce downward momentum.
The next critical support lies between $50,000 and $48,000. This range has acted as both a past resistance and monthly support, supported by Fibonacci retracement levels of 61.8% and 70.7% PRZ.
I am not placing a buy order yet, as I need to be sure that this zone can indeed support the price and provide upward momentum. If this area holds and the market momentum reverses, I might adjust my analysis or wait for $65,000 before taking further action.
Scenario B: The Bullish Outlook 📈
Following a break above $65,000, Bitcoin has formed its first higher high on the daily timeframe after three months. This is an early sign of returning bullish momentum. Risk-takers, particularly if Bitcoin's dominance is also rising, might consider entering at this point with a stop loss at $55,000.
For a safer entry:
Wait for a break above $72,000. The expected range upon breaking this level could be between $85,000 and $90,000. However, discussing these levels might be premature now.
Important Consideration 🚨
Remember, no one can predict financial markets with certainty; these are merely scenarios. As traders, we must learn to live in the moment and react optimally to unfolding events.
👍 If you found this analysis helpful, feel free to like, comment, or share! For more insights, follow #Tradecitypro and #TCP. 🚀
🔖 Categories: Trend Analysis, Support and Resistance, Supply and Demand
📌 Stay tuned for updates, and happy trading!
btc → stil need to touch the lower levelhello guys...
I think the main trend still is bearish due to the last move!
the 50% of the last downward movement seems an interesting area to get a short position until the price touches the 59k area!
___________________________
✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
TRXUSDT → Realization of bullish pattern + golden cross BINANCE:TRXUSDT is forming the break of the descending wedge structure, which in general activates the realization of the bullish pattern
On W1 the price is testing one of the key global levels. Consolidation of the price above 0.1184 will be a confirmation of global bullish intentions. Alitcoin has not yet updated the intermediate and global high, which generally determines the long-term prospects for us.
A breakout of 0.12189 range resistance could be a good signal for growth continuation.
Support levels: 0.11788, SMA
Resistance levels: 0.12189
SMA are forming a cross on H4, which is generally a positive signal. A retest of the range resistance may lead to its breakout and further growth to 0.14500.
Regards R. Linda!
TRBUSDT → Trend change, buyers provoke growth. 150.0?BINANCE:TRBUSDT finds its buyer. A breakthrough of the downtrend resistance is formed and the accumulated potential is realized. The probable target may become the area of 150-160.
The retest of the bottom forms a strong enough medium-term reversal pattern - double bottom. A buyer appears on the market, which is generally seen in candlestick patterns and price movement on the background of volume growth. The price breaks the resistance of 99.3 and enters the local range where it can form consolidation. There is a high probability of catching a retest of support before further breaking 110.0 and rising to the previously mentioned targets.
Support levels: 99.32, 89.75
Resistance levels: 110.0, 126
Technically, the coin has an interesting potential, the realization of which may continue with the breakout of 110.0.
Regards R. Linda!
BTCUSD Analysis (12th May 2024)
Crypto Analysis (12th May 2024)
BTCUSD Analysis
On the 4 hour timeframe, price has swept the liquidity at 64724.63 level and proceeded to create a CHOCH to the downside. The market followed through by creating another BOS after rejecting a 4 hour OB.
There are 2 scenarios i am looking at right now.
1) Price retraces into the FVG and creates a 15 minute CHOCH to continue the sells towards the 57000 Level. Its important to ensure the CHOCH that happens with a body candle close, for extra confirmation.
2) IF price breaks past the FVG and takes out the lower high created, we would have a bullish CHOCH. and i will be expecting a break and retest of the CHOCH level at 63511 level before looking for buys.
🔥 Weekend Technical Analysis Fiesta 🎉 - Name Your Crypto!Has been a long time since we've done a crypto fiesta! Time for a new one 🔥
Short-term view:
Bears have the overhand since the second week of April. A lot of volatility both ways, but the bulls are failing to push back to 70k
Long-term: trend is still bullish. We can correct more, but still expecting a new all-time high over the next months. A move below 50k would be a long-term pivot to the bears.
🎉CRYPTO FIESTA🎉
Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend!
Give this analysis a like if you enjoy the content🙏
Coinbase's high uncertainty rating explained, key zone $190Coinbase's stock price has been in a downward consolidation phase since March, with a key level zone identified at $190. This zone represents previous highs and serves as a crucial support level during this period.
A breach below $190 could trigger selling pressure, potentially pushing the price lower towards the open gap at $143. This scenario suggests that a break below $190 may signal further downside momentum in Coinbase's stock price.
Coinbase's first-quarter earnings, scrutinized by Morningstar, revealed robust growth driven by surging cryptocurrency prices and volatility. Revenue more than doubled to $1.6 billion, bolstered by a $737 million gain on mark-to-market cryptocurrency assets, resulting in a net income of $1.18 billion. The retail trading business emerged as the primary revenue driver, experiencing a 99% increase from the previous quarter and a remarkable 184% surge from the previous year, totaling $935.2 million. Despite concerns over long-term price competition due to high fees relative to peers, Coinbase's market share remained resilient, with average pricing trending upwards.
Economic Moat Rating and Financial Strength
Morningstar assessed Coinbase's economic moat as nonexistent, despite its leading position in the US cryptocurrency exchange market. The company's reputation for reliability and compliance has allowed it to charge higher fees than many competitors. With over $5.1 billion in cash and significant cryptocurrency assets, Coinbase maintains a strong financial position, providing flexibility during periods of market volatility.
Risk and Uncertainty, Bull and Bear Perspectives
Coinbase's exposure to cryptocurrency prices and trading volume, coupled with regulatory uncertainty and interest rate exposure, contributes to its Very High Uncertainty Rating. Bulls emphasize Coinbase's leading market position and potential for global expansion, while bears caution against the cyclical nature of cryptocurrency markets and regulatory challenges, including allegations of acting as an unregistered securities exchange by the SEC.
BITCOIN FAKE BREAKOUT ON SUPPORT, WHAT'S NEXT?🚀Bitcoin recently experienced a false breakout below a key support level within the daily timeframe. This event hinted at a potential reversal, marked by a robust recovery from the previous sell-off, rebounding to the $57k-56k range. Re-entering the demand zone signaled a bullish sentiment, and yet another rejection occurred at the major trend line.
The anticipation of a bullish rally hinges on a breakout above this trend line. Until then, expectations of a significant upward movement remain uncertain. However, if such a breakout materializes, the next significant resistance level is anticipated around $71k.
Conversely, should Bitcoin falter once more within the demand zone and undergo a bearish breakout, the bullish outlook would be nullified.
🔥 Bitcoin Inverse Head & Shoulders: Back To All Time Highs!Bitcoin has been trading fairly neutral over the month or so. In the process, an inverse head & shoulders has been formed. This is classically a bullish reversal pattern.
In my eyes, this could be the definitive pattern to shoot BTC back towards the ATH around 73.5k, potentially even making a new ATH.
Note: the pattern has not been confirmed yet, so wait for the price to break through the neckline for the pattern to be confirmed.
Share your thoughts 🙏
Bitcoin $Btc #Btc KISS (keep it simple stup*d)
Your job is really so much easier than you think right now. Just buy the lines and sell the boxes and you'll be fine over the next few months.
IF you get scared and feel your bag is bigger than you are comfortable with on the way down the begin using the same lines above as you get below them to trim on the way back up just enough to stay within your comfort levels.
In the BIGGER picture i think this cycle is far from over and there will be plenty more opportunities along the way to make $ buying the lows and selling the highs.
#Bitcoin
WHY I AM UBER BULLISH ON BTCWhat's up trading view family!
Today I share why I am uber bullish on BTC.
Apple in 2008/2009 did a remarkably similar fractal of human emotion.
I believe buying BTC right now is very similar to investing in apple in 2009.
I learned to buy blood in the streets and smile later :)
Stay profitable.
- Dalin Anderson
HelenP. I Bitcoin can correct to trend line and then rebound upHi folks today I'm prepared for you Bitcoin analytics. Some time ago price made a downward move, but soon turned around and reached the resistance level, which coincided with the resistance zone, after which BTC rebounded and made a strong impulse down to the trend line, thereby breaking the 60200 support level. Then price some time traded near the trend line and later rebounded up to the support level, which coincided with the support zone and broke it again. After this, the price started to trades inside consolidation, where it in a short time rose to the 64550 resistance level, and even some time later entered to the resistance zone. But soon, BTC made the downward move to the trend line, exiting from the resistance zone, after which rebounded from the trend line and started to move up. Just now, the price continues to rise, for this reason, I expect that Bitcoin will make a correction movement almost to the trend line and then rebound up to the resistance level, which coincided with the top part of consolidation. That's why I set my target at the 64550 level. If you like my analytics you may support me with your like/comment ❤️
#BITCOIN Breakout Alert!#BITCOIN Breakout Alert!
1️⃣ Breakout: $63,000 ✅
2️⃣ Retest: $60,700 ✅
3️⃣ Target: $100k
- There is an expectation of a new rally towards an all-time high based on the recent breakout and retest pattern.
- Targets: $64500/$66700/$71300/New ATH
- These targets are predicted on the condition that CRYPTOCAP:BTC maintains the support level of $60,500.
🔥 PEPE Has Room For Massive Growth!PEPE has been performing extremely well over the last few weeks, gaining back almost all losses from March and April.
This made me question where we can see a long-term top? If BTC remains trading neutral/bullish, alts will grow. In which case, I can see PEPE move all the way towards the top of the resistance of the parallel channel.
This could mean an easy 300%-400% growth from this point onwards. A very bullish outlook!
🔥WHAT EXPECT FROM BITCOIN IN SUMMER 2024❓99% ACCURACY❗️🔥 Bitcoin reaches the most boring period on any market. It's a vocation period for US stock market and for crypto market as well (JUNE-AUGUST).
But will the market be as calm as many expect? A Bitcoin rally to new all-time highs (ATH) near 150,000 or a -50% dump? What will be with altcoins price and which one have best growth potential? Discover in this video!
🎁 Check my trading ideas for the altcoins that are still at the bottom!
like❤️ and follow