TOTAL 1 Will Crypto Christmas come early?I was thinking to wait till tomorrow till I post this analysis so more people could see it but oh well, let us do it today cause you never know what happens.
I think this is one of the most important charts when following crypto markets. (cause it shows crypto markets money inflows and outflows).
Bitcoin has broken out already from this years highs week ago (I'll add picture down), BUT Total 1 marketcap hasn't made higher highs yet.
If and when this breaks I believe we will see surge on BTC and possibly on alts that will wake up the bull narrative again. (News etc)
Target is 1.49 Trillion so that would be 250 Billion inflows to crypto markets, that's 20% rise!
Better to be prepared than get caught with pants down
Two active trades going on DYDX and GOLD
-PalenTrade
Bullmarkets
"Breaking Resistance: #TSUKA Signals Bullish Momentum! 🚀🚀 #TSUKA Update 📈
In the daily timeframe, #TSUKA has broken a 298D resistance and is currently in the retest phase. The price is anticipated to sustain its upward trend, aiming for previous highs. Currently trading in the Buy Zone, a bullish momentum is on the horizon.
🔍 Entry: Plan to buy in this retest
🎯 Targets:
TP1: 0.0637
TP2: 0.082
TP3: ATH
🛑 SL: Close below upper support on a daily candle.
Remember to DYOR! 🚀
#Crypto #TradingAlert
Key points to follow in BullMarketIt was a key moment for altcoins in the past bullmarket, namely when BTC.D reached a strong resistance level at 73% to be exact, this happened on January 02, 2021, from that moment TOTAL 2 started to grow aggressively and the reign to decrease aggressively, until May 12, 2021, when we approached the peak of the bull market for Altcoins and BTC.D reached an important support level, namely 40%, whi c h was also in May 2018 support.
What we have to learn from here, is that we have to follow important resistance levels for BTC.D to trigger big increases on Altcoins, and take our profits when BTC.D reaches important supports.
www.tradingview.com
We identified the important support levels for BTC.D that could record the end of a growth cycle for ALT's in the next bull market and these are: 49% and 40%. In my opinion, I think partial profits should be taken at these levels.
www.tradingview.com
And as a strong resistance level that could trigger a big growth on altcoins could be the 60% level for BTC.D.
You have to take into account that a click has the following stages, BTC increases, then ETH, then the altcoins with large capitalization then those with small capitalization.
GRTUSDT - Riding the AI Narrative 🚀GRTUSDT - Riding the AI Narrative 🚀
Overview:
GRTUSDT is positioned for a bullish surge, fueled by the current narrative around artificial intelligence (AI). The intersection of blockchain and AI technologies presents a compelling case for GRT's potential.
Fundamental Analysis:
AI Integration: The increasing synergy between blockchain and AI is becoming a significant narrative in the tech and crypto space.
GRT's Role: As a decentralized protocol for the development of AI applications on the blockchain, GRT is poised to attract capital from institutions and investors keen on the AI narrative.
Technical Analysis:
Supportive Chart Patterns: The technical landscape supports the narrative, with patterns indicating a potential uptrend.
Volume Uptick: Expect a surge in trading volume as the narrative gains momentum.
Price Target:
Given the strong narrative and potential capital influx, our price target for GRTUSDT is set at 0.50 cents, representing a potential increase of around 350%.
Risk Management:
Stop-Loss: Strategically place a stop-loss to manage risk, considering recent support levels.
Diversification: Diversify your portfolio to spread risk, especially when investing based on thematic narratives.
Disclaimer:
This analysis is for educational purposes and should not be considered financial advice. Conduct thorough research and employ risk management strategies in your trading decisions.
Conclusion:
GRTUSDT stands at the intersection of blockchain and the AI narrative, offering substantial growth potential. Stay informed, monitor market developments, and trade responsibly.
Bitcoin short term bear, long term mega bullI see that bitcoin and crypto currencies will move slowly down during coming 2-4 weeks. If bitcoin find support between 30-31,5k I see this as the last opportunity to get in "early" in this bullrun (would not necessarily recommend bitcoin though, but altcoins intead).
May '22 Inv H&S NL Broke but Alts are Nearing Resistance!Traders,
For the first time in a year and a half, alts have broken above major resistance. This resistance happens to be the neckline for our long-trending inverse head and shoulders. This is hugely bullish!
But before you max out your home equity line of credit, know that we are nearing what looks like it could become a local top. The channel which alts have utilized for almost a whole month to propel them to a breakout is about to hit significant resistance. Once we bump our head here (resistance), I think we'll retest our neckline and then relaunch to our final target.
In addition to being in highly overbought territory on the daily RSI there are more looming threats of a future gov't shutdown. This time I think it happens. Stocks will sharply pull back. Crypto will follow. And everybody will once again have their second chance to buy the fear and re-enter another crypto bull run before it happens.
Stewdamus
BTC: READY FOR ANOTHER LEG TO UPSIDE ($40K-$42k)!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC looks good here. Forming upsloping flag-like structure and currently, retesting the flag. After this successful retest, we might see another leg to the upside which is targeted to the $40k- FWB:42K level.
Invalidation:- 4hr close below FWB:36K
What do you think about this?
Share your thoughts in the comment section.
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Thank You!
Bull markets start with DeFiLet's look back at the previous bull market. As you can see, with the explosive growth of DeFi, the bull market officially started.
The upcoming bull market can be the same. We expect to see massive adoption of retail and commercial investors this time.
What is your DeFi bet? Will you play it safe or high R:R? Let me know below!
DOGE/USDT IS READY TO GO 10X FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this DOGE/USDT Trade update.
DOGE looks good here. Breaks out from the long-waiting descending triangle and looks like it starts a new uptrend rally from here. It breaks a very long more than 900 days downtrend which is a very good sign for this coin.
Buy some here and accumulate more of this one in dips. This will surely give you a 10-12x return in the upcoming bull run.
What do you think about this? Share your views in the comment section.
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Thank You!
Entering bull market?Bitcoin has officially entered the bull market, with closing above 20WMA the previous week and 20WMA crossing 100WMA this week, which is technically the start of a bull market.
Now we also know that historically, when bitcoin keeps above the 20-week moving average line, altcoins tend to outperform it.
What is the situation with VeChain now?
We can see that VeChain has also broken above 20WMA with good momentum, although it might test it again for confirmation, also it has broken out of the falling wedge drawn, which is also a positive sign for upward momentum. Overall it never is just a straight row of green candles. We must also consider the orange line of resistance, which was tested twice before and never broke through, the line is also a 0.382 Fibonacci resistance level, which is quite significant.
So in the following weeks, we might see the test of this price level and then return to test the 20WMA, if it holds we might confidentially confirm the official start of the bull market of VeChain.
BTC/USD: Bull Market Confirmed! Here's What's NextAfter careful analysis, it's clear we've entered a bull market for BTC.
The global correction wave 4 concluded in November 2022, and the recent price actions offer confirmation. Here are the key takeaways:
The trend from 23rd November 2022 presents as a robust bullish impulse.
All impulse waves and corrections looks nice and well-balanced.
The waves within this trend are well-proportioned and align with various Fibonacci levels.
It's almost too good to be true!
We're currently riding wave 5 of the initial bullish impulse. Expect bullish momentum to persist until the end of November. Following that, prepare for a retracement back to the ~$25000 region before we launch into a massive bull run for 2024!
BTCUSDT Potential Bearish Reversal: Targeting below 19800Analyzing the 3-day timeframe for BTC/USD, two primary scenarios arise:
Bearish Outlook:
Current wave XX-Z indicates a possible triple combo wave W-X-Y-XX-Z. With wave X potentially concluding, a move downwards for wave Y is anticipated.
Bullish Correction:
Despite a bullish market, a correction wave 2 could drive prices down to 23,700, below the 0.5 Fibonacci level.
An emerging "head and shoulders" pattern supports a bearish trajectory, targeting a price equivalent to the height of the formation, indicating prices below 19,800.
Recommendation: Watch for a confirming bearish candle pattern on the 1-day or 3-day chart. Ensure proper risk management and consider external influencing factors.
"Is Bitcoin's Bullish Surge About to Ignite?"
#BITCOIN UPDATE
In the daily view, Bitcoin (BTC) did something really good. It closed a day with a strong candle above the 28.2 K resistance. This is a positive sign, and now that 28.2k level, which was causing problems before, is now supporting BTC's price.
Looking ahead, the next barrier BTC might face is around 29.7 K. And if BTC wants to climb even higher, it will have to overcome the tougher challenges at 31.4k to 31.8k.
Now, let's explore different timeframes to get a better understanding of where Bitcoin is headed.
Let's have a look at the shorter time frame
BTC soared to new heights, backed by robust volume, following its triumphant breakout from the symmetrical triangle. Yet, even in the face of such exhilarating momentum, it met a formidable adversary in the form of past high resistance.
The story, however, doesn't end there. The future holds two potential narrative twists: a successful retest of the symmetrical triangle, bringing with it a sense of déjà vu, or a resolute surge through the horizontal resistance. In either scenario, the script points toward the emergence of a bullish trend, ushering in exciting prospects in the world of cryptocurrency.
In the WEEKLY time frame
In the bigger picture, Bitcoin (BTC) is still grappling with a couple of tough opponents: the 200MA and the 100MA. These are like strong barriers in our path. To move in a more positive direction, we need to successfully overcome these MAs and also the horizontal resistance, which is another challenge. This is a crucial moment that will determine where BTC is headed next. Keep an eye out for exciting updates as we navigate this adventure!
After analysing BTC at different different times IMO we can see a rally towards 30.1K to 32K level
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#APE: A Gateway to Promising Returns in the Upcoming Market!"In the vast landscape of the daily time frame, #APE has been navigating through the twists and turns of a descending channel for a significant 269 days. It's a journey that's kept both bulls and bears on their toes.
To ignite a potential surge, the bulls face a formidable challenge: breaking free from the grip of this descending channel. It's a pivotal moment that could unlock the door to significant movements and set the stage for an exciting chapter in #APE's story. The crypto world awaits with bated breath for the outcome!
In the realm of the 12-hour time frame, we find ourselves on the cusp of something extraordinary—a potential APE breakout from the clutches of a falling wedge pattern. Yet, we're not in the clear just yet; a confirmation candle stands as our sentinel on this thrilling journey.
Adding to the intrigue, the RSI chart unveils a captivating bullish divergence, hinting at the dawn of something remarkable. What's in store? Well, according to the pattern's technical script, we can anticipate a whopping 75% bounce, leading us toward the alluring resistance levels of $1.49 and a tantalizingly close $1.8. It's an adventure that promises both challenge and reward and the crypto world beckons with excitement!
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Bitcoin (BTC) -> Bullish Cycle ComingMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Bitcoin.
Looking at the chart of Bitcoin you can see that just 8 months ago Bitcoin perfectly retested the previous cycle high of 2018 at the $18.000 level and rejected towards the upside.
I think that the whole crypto market but especially Bitcoin is ready for a new bullish cycle and after another short term drop on Bitcoin I do expect a longer term bullish continuation.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Binance Coin (BNB) -> Another 500% RallyMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Binance Coin .
You can perfectly see that Binance Coin is forming quite strong support at the psychological $200 level from which we already saw multiple bullish rejections.
However since Binance Coin is approaching this level with lower highs, I am personally waiting for a breakout of the current bullish continuation triangle pattern.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
A realistic price prediction based on Fibonacci. I have been searching on the internet for btc price predictions for 2025. As always people forecast insane prices like in every cycle. This analysis shows how the tops have been matching with fib levels in an ascending order. Measured from bottom cycle to next top cycle, peaks have been in confluence with 0.618 , 0.5,0.382 and a possible 0.236 if I am correct.
SPY - Roadmap Update | Shorts are tired | Big Bounce soon 🚀 🔮AMEX:SPY SP:SPX CAPITALCOM:US500 CME_MINI:ES1!
All downside targets met. Now it is time to see some upside action imo 📈
It was a fun ride down from the top. Almost down -10% in 2 months. Shorts are looking tired down here, and no interest in shorting now as long as the bulls are protecting the lows. Expecting a big bounce soon to fill the gap above.