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DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one. WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
BINANCE:DOGEUSDShort
by Bitgolder
48
LUNC Luna Classic Is About To DieA lot of these tokens in the next couple years are going to bleed out to zero. With the new Bitcoin ETFs and big money in the space they arent buying Luna, or BNB, or name your coin. They are buying what regulators have allowed them to buy. So far thats only Bitcoin,Ethereum, Litecoin, and Bitcoin Cash. This next bullrun will be utility, and regulatory based for the big players. People holding these tokens like LUNC are going to eventually dump. Luna will never go to even a penny never mind a dollar. Its looking extremely bearish to me. Maybe one more dead cat bounce before Luna falls into the shadow realms. LUNA wont be the only one suffering this fate either. This next bullrun and after is going to delete most of the crap out there. You'll always have the casino where people play hot potato with the meme coins that come out every minute of the day. Real money is not going into this stuff though. Good luck and I wish you all the best, hate to see LUNA get rugged a second time, that would be some serious salt in the wounds. Not financial advice. Descending triangle and Stoch RSI pointed straight down.
KRAKEN:LUNAUSDShort
by Bitgolder
9
ADA Cardano Will Have A Great BullrunI believe that Cardano will have a great run this next bullrun. The chart looks bullish and I believe it has finished its correction and consolidation, considering it only did about a 10x in the last run give or take, I think this one has some room to grow. This next one may be the big run for ADA in my opinion. In the short term I see ADA falling down about 40% percent down to 30 cents before its run up. Not financial advice, just my opinion.
BINANCE:ADAUSDLong
by Bitgolder
2
HUGE DUMP COMING FOR SOLANA SOL/USD - RIPIm sorry, I hate being the bearer of bad news but I see Solana taking a huge dump. Short term and long term. The top is in, volume dropping interest leaving the project again. Its just a pump and dump so the big bag holders could dump their bags, now all thats left holding is the FOMOers that bought the top and think this thing is going to thousands or whatver they think. Its insanity, this chain is junk and has proven that over the years with how many halts they had on their chain, still waaay too many bugs to work out of this thing. I dont know what the catalyst will be to make it dump this hard but possibly another major outage or a hack of some sort. No one with any significant capital is investing in this thing, maybe trading it and dumping on the kids who are buying it but not holding it for anything longer than that. As you can see in this correction the way it will play out Solana is going to bounce at the previous supports for a small bounce which will create a head and shoulders and that measured move will be pretty heavy down to low $20 range or even lower possibly $18 before a a pretty decent bounce. After that moves plays out there will be a much larger correction on the higher degree of trend as another much larger head and shoulders pattern is formed. Might sound unbelievable but its not and actually quite likely. Ive seen this way to many times, same exact style of pump and dump over the years with other projects that could never die and are going to change the world. and humanity haha. RSI is pointed straight down MACD is pointed straight down Strong bearish divergence on the daily on the RSI, Momentum, CCI, MFI, and Histogram A death cross on the daily will also likely form as a result of this drop which will bring it to way new lows. Imminent collapse is likely. Good luck out there, this is not financial advice just my opinion.
BINANCE:SOLUSDShort
by Bitgolder
LTC Litecoin NOTHING HAS CHANGED FOLKS Ignore the BSI just wanted to give an update to Litecoin. The sentiment around Litecoin is extremely bearish and the FUD is just horrible while the on chain metrics are through the roof and are better than ever. The price of Litecoin will revert back to the mean. This was just a massive over leveraged long washout across all major cryptos before the next major leg up. Litecoin took it harder because currently its the least popular among retail investors. Grayscale will be filing a spot ETF application for Litecoin as soon as they get the approval for their Bitcoin spot etf they said. Follow the big money not the children that trade when they get home from school. As you can see the bull pennant/flag pattern on Litecoin is still valid. Theres always wicks that washout the longs before any major move to the upside. Litecoin longs however were much deeper and hence Litecoin went down further to wash them out. Could even see a spike down to $50, at this point who knows, but it will be short lived and an amazing buying opportunity. Litecoin is not going anywhere, and is here to stay. Ignore all the bearish FUD. Once Litecoin starts its run you wont be able to stop it. This is just my opinion not financial advice.
KRAKEN:LTCUSDLong
by Bitgolder
2
BCHG + LTCN Bitcoin Cash & Litecoin Grayscale Trusts Hello everyone. BCHG and LTCN are moving almost in sync. I believe both of these trusts have the potential to surpass their all time high. BCH and LTC are both considered non securities and are two of only 4 cryptos total that the USA is allowing USA institutional and accredited investors to be able to purchase and invest in. I believe because there are so few to pick from that the majority of the money from these large players is going to flood into these few. The gains could possibibly be better with the LTCN trust because BCHG has made a larger percentage move from its lows to current. So the gains could be double with LTCN than BCHG but both will have significant gains. What many people dont realize is that for a mega multi millionaire or billionaire, and billion dollar companies to invest in these cryptos there needs to be clear rules from the USA government or they simply cannot risk investing billions of dollars into a gray market. Also there needs to be insurance and a custody option which has been in the works for a few years now and is complete. The past bull runs was just the small player, little guys, retail. This next bull run will be the big money. So what Im getting at is dont ignore what the USA is doing and what is allowed. USA has the deepest pockets in the world and what USA does the rest of the world eventually follows. So if the USA CFTC and SEC say Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are the four crypto currencies that are considered non securities then that should be enough for anyone with eyes to see where the most money will be made in this next run. Right now its just meme and shlt coin season and the spotlight is on them. Once these four OG cryptos above start appreciating significantly and rapidly, watch how fast the spotlight flips and the fomo kicks in. Also I see a lot of hate for LTC on youtube, forums, even on here. Its an indicator, for me at least, that Litecoin has passed the depression stage and is about to take off. Many many people got burned in Litecoin in the past and have a distaste for it so they will slam Litecoin any chance they get. I dont let the FUD bother me or move me out of position. This is not financial advice this is just my opinion. Thank you
OTC:BCHGLong
by Bitgolder
3
Crypto - Key Breakout LevelSorry about the mic fuzz at the beginning. Leave your questions & thoughts in the comments. To sum up: Bulls to regain control until the start-mid November at 30k levels Bears to very quickly take over at those levels This aligns with analysts' timing predictions of a heavy recession start. Considering DXY likely not being stationary, 30k is a rough estimation This aligns with analysts' timing predictions of a heavy recession start in end of 2023 or early 2024.
CRYPTOCAP:TOTAL
by Sanzhar_m
Is MATIC Ready for 60% Downside Move As per ChartTechnical Chart Analysis of MATIC/BTC - Bear and Bull Market Insights Market Overview: MATIC is currently trading at 0.00002163 BTC, representing a significant decline of 65% from its all-time high. While the technical analysis suggests a bullish scenario due to the formation of a bull flag on the MATIC/BTC weekly chart, market sentiment does not support an upward move for MATIC at present. Key Analysis Points: Bull Flag Formation: The MATIC/BTC weekly chart indicates the formation of a bull flag pattern, which traditionally signals a potential bullish trend. Market Sentiment: Despite the bullish chart pattern, current market sentiment does not align with an upward movement for MATIC. Support Levels: The immediate support level for the bull flag pattern is at 0.00002100 BTC. A price drop below this level would confirm strong bearishness. Target After Breakout: If hold Current Support then, the target for MATIC/BTC is projected to be 0.00000600 BTC, which represents a substantial decline of 60-70% from the current level. Worst-Case Scenario: In the event that MATIC/BTC holds the current support level at 0.00002100 BTC, there could be a bounce towards 0.000036 BTC or even 0.000057 BTC before the anticipated downward movement. Key Levels: Support Levels: Significant support levels to monitor are at 0.000021 BTC and 0.000006 BTC. Resistance Levels: Key resistance levels to watch are at 0.000036 BTC and 0.000060 BTC. Disclaimer: This analysis is not financial advice. It represents the personal opinion and analysis of the author. Individuals considering investments in any coins, including MATIC, should perform their own research and consult with financial professionals. Follow us for More Chart Analysis.
MShort
by CryptoPatel
3
XRP, BTC to Rebound 📈 ETH, LTC 🐻 BNB - Best Bet Right Now? 🤔Bitcoin is facing stormy weather 🌩️, but this could translate into an imminent market rebound in the next 24 hours. Ripple is also facing stormy weather while rebound is highly likely for it to happen in the next 4 hours. The next 24 hours look tropical and very bullish with upside potential for Binance Coin . However, altcoins like Ethereum and Litecoin are predicted to have cloudy skies, indicating a slightly bearish market with downside risk. Over a one-week horizon, ATTMO predicts a sunny sky with a few scattered clouds, indicating a slightly bullish market with upside potential for major cryptocurrencies like Bitcoin and Ethereum . Dogecoin faces stormy weather, which means an imminent market rebound could be on the horizon in the next 7 days. 🌤️☀️ Follow us for more updates on the latest trends and insights in the world of cryptocurrency!
by ATTMO
BTC, ETC - Bearish Signs🐻 XRP, BNB Potential Buy Candidates?🤔The global crypto market is experiencing a wild mix of cloudy and sunny weather! ☁️☀️ While Bitcoin and Ethereum are facing some clouds and downside risks, ATTMO, our weather-inspired AI tool, is forecasting a tropical climate for Binance Coin and Ripple . 🌴🌡️ That's right, the market is heating up and indicating very bullish weather conditions with upside potential for these two currencies! But wait, there's more! Over the next week, ATTMO data shows a slightly bullish market with upside potential for not only Bitcoin and Ethereum but also smaller cryptocurrencies, which could benefit from this optimistic mood. And while Dogecoin may be facing stormy weather ⛈️ ahead, signaling a drawn-out bear market, don't lose hope! An imminent market rebound is possible over the next week. Follow us and stay tuned for more exciting crypto weather updates with ATTMO! 🌈⛅️☔
by ATTMO
Crypto BreakoutThere is a breakout to the upside shown by the downward-sloping white channel. This marks the beginning of the bull run. The graph is adjusted to volatility accounting from coins' dominance, and economic changes (through accounting for dollar, gold, and bond movements). This graph is universal, use the equation or the graph as you see fit. The dollar value of Bitcoin can be tricky to trace from the graph. I'd recommend translating values to BTCUSD by estimating the %movements and finding the nearest most significant psychological levels. Don't have to be psychological levels, these have just worked better in the past. TP (blue line): 35,000 SL: 25,400
AMEX:CIXLong
by Sanzhar_m
1
What’s in Market about #PancakeswapCake/USDT Chart Analysis: Is It Time to Buy? Cake (CAKE) is a popular cryptocurrency that has been in the news lately due to its recent price movements. The coin has been experiencing pressure as investors are selling following the unlocking of tokens. This article will provide a detailed chart analysis of Cake/USDT and explore whether it is a good time to buy. Chart Analysis: As per the chart, Cake is currently trading at handle support. If it can hold this support, we can see an upward rally. However, it is recommended to wait for the market negative sentiments to settle before entering the market. If you decide to enter, the suggested buy level is around $2.5-$2.7. The pattern observed is a cup and handle pattern, which suggests that there is potential for the coin to increase in value. Long-term Targets: In the long term, Cake has significant potential for growth. The targets for Cake/USDT are $4.6, HKEX:8 , HKEX:12 , and $20. These targets are based on the analysis of the cup and handle pattern observed in the chart. Stop Loss: It is important to have a stop loss in place to minimize losses. If any daily candle closes below $2.30, it is recommended to exit the market to prevent further losses. Market News: Recent market news indicates that Cake has unlocked tokens, and investors are selling due to the broken promise of 200% staking reward, which was reduced to 46% after two months. This situation has created pressure on the coin, leading to a decrease in value. Takeaways: Cake is currently trading at handle support, and if it holds this support, an upward rally can be expected. The pattern observed is a cup and handle pattern, suggesting that the coin has potential for growth. The suggested buy level is around $2.5-$2.7. The long-term targets for Cake/USDT are $4.6, HKEX:8 , HKEX:12 , and $20. It is important to have a stop loss in place to minimize losses. Recent market news indicates that Cake has unlocked tokens, and investors are selling due to the broken promise of 200% staking reward. Conclusion: Cake/USDT is a cryptocurrency that has shown potential for growth in the long term. The current chart analysis suggests that it is a good time to buy, provided the coin holds the handle support. However, recent market news indicates that there is pressure on the coin due to the unlocking of tokens and broken promises. It is recommended to do your research, invest wisely, and always have a stop loss in place to minimize losses. Follow us for more Quality Content. Thank you.
by CryptoPatel
5
Bitcoin Short Term Market Trend Bearish so Next Move?#Bitcoin Update: Unfortunately, it's not looking too bright for #BTC at the moment. After losing trend-line support at $28k, the cryptocurrency experienced a sharp fall towards the FWB:27K level. With not much bullish strength in sight, we are now expecting a move towards $26k in the coming weeks. That being said, it's important to keep an eye on the charts and never trade blindly. Make sure to wait for confirmations before opening any trades. Support levels to watch out for are at $25900 and $24200, while resistance is at $28700. In summary, the short-term market trend for #Bitcoin is bearish. Keep a level head and make informed decisions in the days ahead.
Short
by CryptoPatel
1
Binance Coin (BNB) Technical Analysis: A Bearish Outlook Binance Coin (BNB) Technical Analysis: A Bearish Outlook for Short-term, Bullish for Long-term Binance Coin (BNB) is one of the most popular cryptocurrencies in the market, and it has been on a rollercoaster ride recently. Currently trading at FWB:334 , BNB has risen by 82% from its recent bottom, but it is still far from its all-time high (ATH) of HKEX:700 in 2021. In this technical analysis, we'll look at the BNB/USDT chart and try to determine what the future holds for this cryptocurrency. BNB's Recent Performance As per the chart, BNB has been on a positive trajectory since hitting its recent bottom. However, the analyst doesn't expect the coin to hit a bottom in this bear market. They predict that BNB's bottom would be HKEX:120 as the weekly chart is still forming a bearish flag. The analyst has a bearish outlook on the short-term prospects of BNB, but they note that the long-term outlook is bullish. Supply and Demand Zones The biggest supply zone for BNB is currently between $350-$400. If BNB breaks this resistance level, the analyst becomes bullish. They predict that BNB will hit HKEX:400 before the next leg down, after which a new low/bottom will be formed. The bear market bottom is expected to be around $100- HKEX:120 , after which a strong bounce can be anticipated. Long-term Outlook The analyst's long-term outlook for BNB is bullish due to the bull flag forming in the weekly chart. They predict that in the next bull run, BNB will reach HKEX:1500 -$2000. However, they note that every time the BNB bull market begins, it starts from the 0.5-0.618 fib retracement level, which has not yet occurred in the current market. The 0.5-0.618 fib retracement level for the current market is around HKEX:95 -$140, which the analyst believes will be the best accumulation area. Key Takeaways Binance Coin (BNB) is currently trading at FWB:334 , up 82% from its recent bottom. The bear market bottom for BNB is expected to be around $100- HKEX:120 , after which a strong bounce can be anticipated. The biggest supply zone for BNB is currently between $350-$400. If BNB breaks this resistance level, the analyst becomes bullish. BNB is expected to hit HKEX:400 before the next leg down, after which a new low/bottom will be formed. The long-term outlook for BNB is bullish, with the analyst predicting that it will reach HKEX:1500 - HKEX:2000 in the next bull run. Conclusion In conclusion, this technical analysis predicts that BNB will experience a short-term bearish outlook and hit a bottom of around $100-$120. However, the long-term outlook for BNB is bullish due to the bull flag forming in the weekly chart. Investors are advised to do their own research before investing in any coins.
Long
by CryptoPatel
4
MATIC/USDT Technical Analysis For Long SetupMATIC/USDT Technical Analysis for Long Scalp: Targeting $1.30 Polygon (MATIC) has been a popular cryptocurrency lately, with its price showing a bullish trend. In this technical analysis, we will examine MATIC/USDT's current price, identify potential entry points for a long setup, and provide price targets for traders to aim for. Technical Analysis: At the time of writing, MATIC is trading at $1.1682. If BTC becomes volatile, we could see an excellent entry point around $1.14-$1.16 for a long setup. The first target for this trade would be $1.20, followed by $1.24 and $1.30. If any 4H candle closes below $1.114, traders should exit the trade to prevent further losses. Takeaways: MATIC/USDT is currently trading at $1.1682 The potential entry point for a long setup is around $1.14-$1.16 if BTC becomes volatile The price targets for this trade are $1.20, $1.24, and $1.30 The stop loss for this trade is $1.114 Conclusion: This technical analysis suggests that MATIC/USDT is currently bullish, and traders could benefit from a long setup with an entry point of $1.14-$1.16. By following the suggested targets and stop loss, traders can manage their risk and potentially earn profits. However, it is important to remember that this is not financial advice, and traders must do their own research before investing in any cryptocurrency. Happy trading!
MLong
by CryptoPatel
1
ADA/USDT Technical Analysis Update: Bullish Breakout Potential &ADA/USDT Technical Analysis: Potential Bullish Breakout in Sight Cardano (ADA) is currently trading at $0.41, showing a 39% increase from its recent bottom. In this technical analysis, we will discuss the potential for a bullish breakout in ADA/USDT and the target price if it occurs. White Neck Line Resistance Left Shoulder, Head, and Right Shoulder Formation Potential Target Price Stop Loss Conclusion Inverse Head & Shoulder White Neck Line Resistance: The current price of ADA/USDT is testing the white neck line resistance, which, if broken, could trigger a bullish breakout. Therefore, traders and investors should keep an eye closely on the current price level and monitor the price action closely. Left Shoulder, Head, and Right Shoulder Formation: The left shoulder, head, and right shoulder formation is a well-known technical pattern used by traders to identify potential trend reversals. In the case of ADA/USDT, the pattern has already formed perfectly, with the current price level testing the white neck line resistance. Potential Target Price: If the breakout occurs, the potential target price for ADA/USDT is $0.73, which is a 76% increase from the breakout level. However, it is important to note that this is not a guaranteed outcome, and the price may fluctuate depending on various factors. Stop Loss: To mitigate potential losses, traders should place a stop loss below the neck line support. This will limit the downside risk in case the breakout does not occur or the price reverses. Conclusion: In conclusion, the current price level of ADA/USDT is testing the white neck line resistance, and a bullish breakout may occur soon. However, traders and investors should do their own research and analysis before investing in any cryptocurrency. Technical analysis is just one tool that can be used to make informed investment decisions. Hey, it's CryptoPatel here! I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies. If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates. Thank you for your support, and let's continue to stay connected for more exciting content! LIKE Share Follow
Long
by CryptoPatel
2
DOT/USDT Chart Analysis Predicts Bullish Trend and Potential forDOT/USDT Chart Analysis Predicts Bullish Trend and Potential for New Highs:- Greetings traders, I would like to share my analysis on the #DOT/USDT chart with you all. As of now, DOT is trading at $6.35, and my analysis shows that the coin has bounced back from its $0.618 Fib Retracement level, indicating a bullish trend with the potential to hit new highs. Therefore, I am expecting an upward move before witnessing a potential down wick. I have also confirmed the trend by double-verifying that it will break its triangle pattern. My entry point for this trade would be around $6, with targets set at $6.7, $7.30, and $8, respectively. I have set my stop loss at $5.74 to limit potential losses. It's important to note that trading involves a certain level of risk, and it's crucial to assess your risk tolerance before entering any trades. In conclusion, I believe there is potential for profits to be made in this trade, and I encourage you all to keep an eye on the DOT/USDT chart for any potential trading opportunities.
Long
by CryptoPatel
2