**UPDATE ON SHIBA** BULLISH BREAKOUTDid anyone go all in ?
Other company supporting and helping Shiba to eliminate lots of Zeros and Shiba will make history. Made my research and looks like more than trillions of dollars going to be burn and do not sell ; hold it.
I fully know you’ll hit more than 5 figures in your profit. Buy and hold; don’t listen to those haters who know nothing about Shiba and Shiba has potential to breakout and go a lot higher.
1 cent is the target and then $1 if couldn’t reach then 0.001
The only thing I know about Shiba will hit 1$ in 2028
Bullrun
LDO Daily Time Frame Triangle Broken And Retest Dne?In my point of view LDO token was playing a triangle from the beginning and now it has broken and retest done. We are looking at elliot wave counting also seems to 2nd wave done as a zig zag formation and as holding the upper trendline of the triangle strongly has a potential to continue it's bull rally from here.
DYOR
Reserve Rights is leaving accumulation phaseRSR has shown strength as of late, but better late than never.
Currently it is attempting to depart from its macro accumulation phase (high volume area) and is pushing the first level of interest (dotted horizontal). Additionally, it is interacting now with the 100ema on the weekly time frame, meaning I think a shorter term correction is due.
Long term, this chart looks fantastic. I think despite potentially seeing consolidation in the short term, this thing should push up toward our high time frame resistance (macro resistance) in the large red zone.
This is the first higher high out of the bear cycle, so things are really just getting started imo.
Don't sleep on it.
Vatsik
SHIB LONG TRADE FOR ATHAfter this upwards move i am more confident about future longs
I won't be suprised if price at first clear lows where my SL is and them rocket up.
At green doted bars i place my long orders. If the correction moves keep goin slowly like this, i am very sure about this position.
If someone want to join this train, green doted bars are pretty safe and high RR zones
Minimal tp is marked with my position
Optimal TP is recent height
Main TP is ATH ;)
BTC LONG FOR SUNDAY/MONDAYBTC marked Market Structure Break after touching the imbalance, below last long price wicks, that's a bullish sign. I try to look for long trades, these are my spots.
Entry 1 (RR 1:4.5) : Filling/touching multiple timeframes imbalances.
Entry 2 (RR 1:10.8): Touching order block and grabing some liq down there
SL: below actual low, but becouse there is imbalance i prefer not to rush with deposit
TP min: 70 715$
TP main: new ATH :)
BTCUSDHi guys
Bitcoin halving is 32 days away. If we look at the previous patterns, about 500 days after the halving we had an uptrend. Compared to the past 500 days after this 32 days before halving, which price zone do you think will be seen!?
Remember that all price corrections are the right time to buy. As soon as the rally starts, we probably won't stop.
18/03/24 Weekly outlookLast weeks high: $73775.8
Last weeks low: $69170.3
Midpoint: $64564.9
After making consecutive new ATH's Bitcoin has now experienced it's first prolonged pullback. Before these last few days we saw each dip as more of a leverage flush with a near instant V-shaped recovery. This however is more of a traditional pullback, the main level of note is the previous cycles ATH of SWB:69K . The MIDPOINT now signifies that level and for me and on the HTF a potential Swing Fail Pattern (SFP) . If we do see a clear rejection off SWB:69K This could be the start of one of Bitcoins signature 30% Bullrun pullbacks to punish late longers and any unexperienced retail holders. This would see price drop to FWB:52K area.
Personally I think leverage flushes are going to be common place as they always are and we are due a routine pullback, A pre-halving pullback occurred in the previous halving, -20% before rallying post halving. If we assume history will repeat itself then that would see price fill the large wick at GETTEX:59K from the previous flush, entirely possible in my opinion.
As for the bulls, the ETF'S have been buying up any sellside pressure since the beginning of the calendar year and with the halving only ~30 days away it's hard to see Bitcoins price being allowed to fall as what is essentially a land grab is going on, there are simply too many buyers.
The Nvidia AI conference begins today! Monday until Thursday and the crypto space is anticipating volatility to come from this event. Projects such as RNDR, FET, NEAR and other AI & DePIN tokens are expected to be impacted the most. The question is always going to be is this a sell the news event? The AI space has rallied significantly in the previous months however I would say that company with a valuation of $2.2T, (roughly 50% more than the entire market cap of Bitcoin) , bringing attention to these crypto projects and at least making the link between the two is a positive for the industry and can only bring more attention and money to the space.
[BTCUSD] - BULL RUN INCOMING!!Bitcoin halving is only 35 days away.
as shown in the 2w chart after the halving bull run get started.
this was repeated over a period of about 12years , even with the difference in price behavior in each bull market.
so any dips is a chance to accumulate more.
up only imminent , just a matter of time.
Dont forget to support us with ur like, comet and follow for more updates.🎯
ETH AT CRUCIAL SUPPORT!!At we take a look at the ETH/USDT, we can see that is is trading in a massive broadening wedge pattern. Every time it touched the trendline, it bounced nicely.
Will history repeat itself?
Another thing to keep in mind is that the area which it touched is also lining up with the golden pocket for extra confluence. This is still a bullish chart until support fails.
Remember we trade based off probabilities and theres a higher probability we get a bounce instead of a drop but since we can't predict the future we must alwasy protect our portfoliio with a stop-loss.
Let me know your thought sin the comments below
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
LTC, the Sleeping Giant now break out!! its ready to takeoff!!Technical Analysis: #LTC (Monthly Update)
#Litecoin now breakout the 238 days accumulation zone, This is just the beginning of new uptrend.
#Litecoin is ready to take off and looks too bullish, it will ready to test its previous high and make new ATH at year-end or earlier.
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#LTCCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
11/03/24 Weekly outlookLast weeks high: $69934.6
Last weeks low: $64483.4
Midpoint: $59032.3
Bitcoin experiences its highest ever weekly close in history falling just shy of $70K . The previous ATH tested and bested multiple times during the previous week and broken yet again already this week hitting $72K ! The Market Cap has overtaken Silver to become the 8th largest asset by MCap . We are now in price discovery territory and ~38 days away from The Halving .
Blackrock continues to buy and now closes in on MicroStrategy who has been accumulating since August 2020. MicroStrategy recently bought another 12,000BTC to stay in the lead but it looks like BlackRock will inevitably overtake them in holdings.
BlackRock: 2 Months - 195,985
MicroStrategy: 42 Months - 205,000
Bitcoin has maintained its march onwards and Ethereum still lags behind. A close eye on ETH/BTC pair shows that on the 1W 200EMA is now flipped to support after breaking out of a multi-year channel since May '21 . ETH after broking $4K ~20% away from ATH.
Altcoins along with Ethereum are still lagging as BTC dominance continues to rise, however it doesn't necessary mean BTC is a better investment, once BTC dominance looks to have topped, the Altseason will allow Altcoins to catch up.
This week we continue to monitor the progress of the crypto market on the leadup to The Halving .
SKL/USDT: A Crucial Resistance Test AwaitsAnalysis Overview:
As we step into a decisive phase for SKL/USDT on the weekly timeframe, our attention is drawn to a critical resistance level that's been a formidable barrier in past trading sessions. The digital asset now faces a pivotal moment: a break and hold above this resistance could pave the way for a bullish continuation, but the journey is laden with both opportunities and challenges. Let's dive deep into the technicals that shape our trade plan, incorporating essential price action cues and indicators to navigate the waters ahead.
Key Resistance in Focus:
Our analysis hones in on the crucial resistance zone that SKL/USDT is currently challenging. This level, historically, has acted as a significant pivot point, dictating short to medium-term market directions. A conclusive break above this resistance, accompanied by increased trading volume, could signal the start of a new bullish chapter for SKL/USDT.
Price Action Cues:
Candlestick Patterns: We're closely monitoring the formation of bullish candlestick patterns near the resistance level. Patterns such as a bullish engulfing or a breakaway gap could serve as early indicators of a successful resistance breach.
Trend Analysis: The emergence of higher highs and higher lows following a breakout would confirm a bullish trend reversal. This shift in market structure is paramount for traders aiming to capitalize on early signs of momentum.
Volume Analysis: An uptick in trading volume accompanying the resistance breach would add credence to the breakout's validity, suggesting a strong buyer conviction behind the move.
Technical Indicators to Watch:
RSI (Relative Strength Index): An RSI breakout above 60 could indicate growing bullish momentum, adding further confirmation to our breakout hypothesis.
MACD (Moving Average Convergence Divergence): A bullish MACD crossover, particularly above the zero line, would underscore the strength behind the upward move.
Fibonacci Retracements: Should a breakout occur, Fibonacci levels will serve as key targets and potential reversal points, guiding our profit-taking strategy.
Trading Strategy:
Our trade plan hinges on a clear break and hold above the resistance. Entry points should be considered post-breakout to mitigate the risk of false signals. Stop losses are advised below the breakout level to protect against potential reversals. Profit targets can be established at subsequent Fibonacci extension levels, adjusting for market feedback and momentum indicators.
Risk Management:
Given the volatile nature of cryptocurrency markets, employing a disciplined risk management strategy is essential. This includes setting appropriate stop losses, not over-leveraging positions, and taking profits at predefined levels to preserve capital.
Conclusion:
SKL/USDT is at a crossroads, with its immediate future largely dependent on the outcome at this critical resistance level. While a breakout could open the door to significant gains, traders must navigate with caution, employing a sound technical analysis framework and risk management practices. As always, keep an eye on broader market sentiment and news flow, as external factors can significantly influence price action.
This trade plan aims to blend technical analysis with practical trading strategies, providing crypto traders with insights and a roadmap for navigating the current SKL/USDT setup. Remember, while technical analysis can offer valuable insights, it's important to stay adaptable and responsive to market changes.
ETH - 4500 Soon 📈 If...Hello TradingView Family and Fellow Traders,
This is Richard, also known as theSignalyst.
📈 ETH has shown an overall bullish trend, trading within the rising broadening wedge pattern highlighted in red.
It's evident that ETH has been respecting significant round numbers, particularly the 500 marks.
Following its breakthrough above 3500, ETH traded higher to find resistance around 4000.
📈 To maintain control and drive prices higher towards 4500, the bulls require a daily candle close above 4000.
📉 In parallel, ETH retests the lower bound of the wedge pattern, we will be seeking trend-following buy setups on lower timeframes.
📚 Always adhere to your trading plan, especially regarding entry points, risk management, and trade execution.
Wishing you all the best of luck!
Remember, All Strategies Are Effective When Properly Managed!
~Rich
Ain't nobody got time for $Algo?Strong buy volume on the weekly candle above the 50 EMA + upper cloud.
Triggered a buy signal in my personal indicator.
Price is also at 2019 lows!
Cryptos could still drop before and after halving mercilessly, this will be the opportunity.
Open Long Position from 0.2500 with 10x leverage.
FLOKI Price Spike Due to Massive 190.91 Billion Token BurnFloki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) has seen a tremendous increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders.
In the last 24 hours, the SEED_DONKEYDAN_MARKET_CAP:FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, SEED_DONKEYDAN_MARKET_CAP:FLOKI was up 17% from the intra-day low at press time, trading at $0.0002465. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B.
Token Burn Effects on Market Dynamics
The decision to burn a massive amount of SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of SEED_DONKEYDAN_MARKET_CAP:FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, SEED_DONKEYDAN_MARKET_CAP:FLOKI experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data.
The decrease in supply and increased demand have often seen the currencies’ value rise. Market analysts perceive such a strategic token burn as an important event for SEED_DONKEYDAN_MARKET_CAP:FLOKI , pointing at its capacity for further development and stability in the erratic market of cryptocurrencies.
Following the token burn, the spike in SEED_DONKEYDAN_MARKET_CAP:FLOKI prices has provoked talks of what path the meme coin will take. Market participants closely follow the market to identify possible long-term effects of the slashed token supply on price stability and growth. Besides, the Floki team’s ongoing attempts to enhance the coin’s utility and interact with the community may support the favorable momentum.
Amidst token burns, the team has been working on new features and projects, including the Valhalla play-to-earn metaverse game, which is expected to generate even more interest and increase the adoption of the token.
Arbitrum is about to reach new all time highsArbitrum has broken out of a triangle pattern that is formed on the daily candle chart. The target of this breakout is showing $2.7. Despite the fact that Arbitrum is due to release a massive number of tokens, the coin can easily reach higher price targets as both Bitcoin and Ethereum have reached higher prices already. Furthermore, usually one week before when a project is releasing tokens the price gets pumped by 30% on average. After the release the price may experience a small pull back if the early investors star selling. Eventually, since we are in the early stages of a bull market even prices such as $3 or $4 are very possible to be seen very soon as the coin had fallen behind other coins and it has to catch up.
Arbitrum has a bright future. It has been adopted by the community since day one thanks to the project's generous airdrops. Additionally, due to the astonishing speed of the Arbitrum and its interoperability it can get to see even much higher prices in the up coming bull run. For example if the market cap of the Arbitrum goes as high as a project like Polygon the price of the coin can go up til $14 which is not so far fetched and it should be very possible.
CELR ANALYSIS🔮 #CELR Analysis —— BREAKOUT 🚀
💲💲 #CELR was trading in a Symmetrical Triangle, and breakout has already confirmed and also the breakout of major resistance zone, expecting bullish rally towards $0.07129 and more💰 In Coming Days ✍️ ✅
📊Current Price -- $0.03325
🎯Target Price -- $0.07129
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#CELR #Cryptocurrency #Breakout #DYOR
MOVR - MoonriverMOVR is about to start it's own personal bullrun. There will be nothing who will stop it, and I do believe we will see new ATH in 2025 or maybe even in 2024 as this year is already unpredictable.
Either get in now or regret later. When this one moves it will not wait for noone, weekly RSI just reset and we moon anytime now.
What Is Moonriver (MOVR)?
Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.
It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.
This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
BTC - Comparing Previous Cycles 🌊Hello TradingView Family / Fellow Traders,
For those who know me, it's clear I always like studying previous price action.
"Know yourself, know your enemy. Many battles, many victories."
~ Sun Tzu
I find the Bitcoin Daily Chart interesting as it is approaching its all-time high.
If we compare this impulse movement to the previous two, we can see that after 58 days , the correction starts.
And if we look closely at the correction phase, we can see that first it was flat , and then it got deeper . Just like waves, the bigger the impulse, the bigger the correction.
Thus, when this third correction phase starts, we can expect an even deeper correction .
The question is: when will the correction start, and how deep will it be?
What do you think?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr