220% for Fet in 50Fet's looking to lead the AI charge in the coming weeks we have :
Reverse Head & Shoulders:
• We’ve got a clean Reverse Head & Shoulders pattern in play, which signals a strong bullish reversal. The base sits just above 1.00 USDT, and we’ve already seen a breakout confirmed at 1.309 USDT. This setup is often the precursor to a significant upward move.
Price Targets:
• First target sits at 2.032 USDT, a solid 58% gain from the breakout point.
• Beyond that, we’re looking at a long-term target of 4.180 USDT, marking a 220% potential increase. This target aligns with the projected upper channel, showing a clear path if bullish momentum continues.
Volume & Momentum:
• Volume is backing up the move—strong buying pressure is evident with a notable increase in green volume bars.
• The momentum indicators (likely MACD) are also bullish, reinforcing the strength of the breakout. This suggests there’s still room for the trend to run further.
Historical Reference:
• On the right side of the chart, there’s a past pattern with similar price action. After consolidating for 45 days, the price moved sharply higher. While past performance isn’t a guarantee, it’s definitely worth noting the similarities.
Strategy:
• For those looking to enter, a re-test around 1.309 USDT (now support) offers a solid entry point.
• A break above 2.032 USDT could ignite further momentum, potentially driving price toward 4.180 USDT in the coming weeks or months. Watch for sustained volume and bullish momentum to confirm the trend.
Summary: Fetch.AI is setting up for a strong move, with a clear bullish pattern and solid upside targets. If momentum continues, the next few weeks could see substantial gains. This is a trend worth watching closely.
Bullrun
BITCOIN DOMINANCE UPDATE: WHEN ALTSEASON?Hey everyone!
Appreciate a like and follow if this analysis helps!
Bitcoin Dominance is a key indicator for potential altcoin seasons. While there's been anticipation, the market hasn't shown significant changes yet. Let's analyze the Bitcoin Dominance chart for clues.
On the weekly timeframe, Bitcoin Dominance has formed a large rising wedge pattern and is approaching strong resistance. This level acted as support in 2019-2020 but has now turned into resistance.
We're currently in a potential "maximum pain zone." This period can present opportunities to accumulate promising altcoins for potential gains during the upcoming bull run.
Important to note: Accumulating now might involve short-term losses of 20-30% due to market manipulation. However, the potential for 20x-30x returns during the bull run makes this risk worthwhile for some.
Key Takeaway:
Seize the Opportunity: Start accumulating quality altcoins now to capitalize on the potential bull run.
Embrace Risk: Be prepared for short-term losses to reap long-term rewards.
Let's discuss it! What are your thoughts on Bitcoin Dominance and the potential for an altcoin season? Share your analysis in the comments below.
buy bitcoin nowwwwww!!!!!!!!!!!!!!!look at chart we are in a broad bear channel , and we had a perfect test (BO point)
and every time we fall below a low we pulls back ... so what do you think? this is third push down so its wedge bottom
its all ready to going to moon........
now its best time to buy
02/09/24 Weekly outlookLast weeks high: $64,481.00
Last weeks low: $57,205.43
Midpoint: $60,843.22
As September begins BTC finds itself at the $58,000 mark after selling off for the entire week last week. A historically bad Month for the crypto market is being paired with the first FED rate cut since March 2022.
Conflicting elements with one bearish and one potentially bullish, it will be interesting to see if the final month of Q3 is a slow one or whether this is the month where BTC can break its daily downtrend and continue the Bullrun.
I believe the 25bps vs 50bps rate cut is a huge point of contention, this week we have data releases for unemployment, nonfarm payrolls, jobless claims that could all give clues to the FEDs decision on the 18th September.
BTC finds itself below the 1D & 4H 200EMAs once again after falling short of the $65,ooo breakout. It seems there isn't really any rush to buy before we know of the FEDs decision, chopping and generally delivering max pain to the majority, unless you can be nimble on the LTFs nobody is winning here.
This week the wait continues, we saw a glimpse of hope in the altcoin market recently but that has now been taken away again as BTC struggled. Finding those fundamentally sound projects ready for Q4 and beyond is still a top priority.
TOTAL2 - Altcoin marketcap is reversing#TOTAL2 #Analysis
Description
---------------------------------------------------------------
The altcoin market cap experienced a significant drop from $1.2 trillion to $845 billion, and the current chart indicates that it is hovering around the support zone. This drop was anticipated following a substantial increase from $500 billion to $1.2 trillion, representing a more than 100% surge in the overall altcoin market cap. It is expected that the overall altcoin market cap will rebound from this support zone, with the next target being $1.7 trillion.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
BTC is gearing up for the next big bull runBitcoin is preparing for an exciting and potentially profitable journey ahead. As the market gathers momentum, BTC is refueling for the next big bull run. Don't miss out on the opportunity to be a part of this thrilling ride. Stay informed, stay ready, and enjoy the rewards of this market surge!
BTCUSDT 15m🔍 BTC/USDT Short-Term Analysis: 15-Minute Timeframe 📉
The BTC/USDT chart on a 15-minute timeframe highlights important upcoming dates where short-term price movements may present trading opportunities:
• August 23, 2024, 09:30, August 24, 2024, 04:15, August 26, 2024, 20:00 - Red Lines: These dates and times mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the price might face resistance or a downturn.
• August 23, 2024, 19:00, August 25, 2024, 04:15 - Green Lines: These dates and times indicate potential local lows, offering favorable conditions for accumulating BTC or entering long positions.
By aligning your strategy with these key dates and times, you can better position yourself to capture gains and manage risk effectively in the BTC market.
Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
EURUSD Buy ideaprice had a rally upwards in last few days and it had a immediate resistance over there the price have already broken that level of resistance and seems like bulls are still in control as SMA 50 also shows the bull run is still on so we are waiting for the consolidation range to break above and show some bullish price action so we could be a part of this bull run
$MATIC rebranding to $POLMATIC (Polygon) has seen a significant surge with 58% increase from the low.
A bullish weekly candle is being printed after bouncing from its higher timeframe support zone.
CRYPTOCAP:MATIC is rebranding to POL on the 4th of September.
Rebrands are usually bullish, and if we can clear $0.60 overhead supply, we can see MATIC hitting $0.70 (single prints & vwap) or even $1
19/08/24 Weekly outlookLast weeks high: $61,782.68
Last weeks low: $56,107.68
Midpoint: 58,945.18
Apologies for the late WEEKLY OUTLOOK, let's go over last weeks PA.
A much tighter spread between weekly high and low last week compared to the week before. As BTC continues its recovery from the JPY carry trade dump we are back @ 4H 200EMA for the 5th time since losing support during the dump. For me this follows the same pattern as has been happening all year, flip the 4H 200EMA and aim for the '21 ATH @ $69,000. What happens at that level is nearly always disappointing but with rate cuts coming next month, maybe that will finally change.
From the weekly range chart I do see the midpoint being important for the rest of the week, the recent 1h surge has come from the Midpoint level, flipped the 0.75 and now targeting range high which would put BTC over the 4H 200EMA point. The FOMC minutes takes place on Wednesday of this week and may provide some volatility, however the general consensus is that a rate hike is coming next month, the real question is will it be 25 Basis Points or 50bps.
For this week it's more of the same in terms of being patient and trying not to get caught up in the chop. With the general sentiment being that the Bullrun will continue soon it's tricky to find the right entry at this stage if you haven't already. Patience is key.
Bitcoin Bull Run Continues: Why Bitcoin Could Break Through $74kThe long-term Bitcoin trend remains distinctly bullish, highlighted by a powerful breakout above the top of the average-price uptrend channel. This breakout propelled BTCUSDT to a high of $73,881, followed by a significant 33% correction. This pullback found strong support at the 50% Fibonacci retracement level, around the critical $50,000 psychological mark. This price level is pivotal for several reasons.
Firstly, it was previously a strong resistance zone that has now flipped into solid support, demonstrating a classic technical analysis principle. Secondly, this level aligns with the concept of equilibrium, based on the Smart Money Concepts indicator, demonstrating a balance between buyers and sellers at this price area. Thirdly, it's the bottom boundary of the average-price ascending channel, adding further significance to this support zone.
Moreover, the robust defense of this $50k area by buyers underscores the healthy long-term demand for Bitcoin. This combination of factors suggests that as long as BTCUSDT stays above the $50k support zone, the overall trend will remain bullish. Consequently, the likelihood of a continued price increase outweighs the possibility of a downturn.
Looking forward, we expect BTCUSDT to continue its upward trajectory, with a potential target at the previous high near $74k. If this resistance level is breached, the next target could be the 161.8% Fibonacci retracement level, corresponding to the $90k psychological price mark.
However, it’s essential to remain vigilant. A sharp break below the $50k support zone could trigger a significant decline, potentially pushing Bitcoin down to the $40k or even GETTEX:25K support areas. Traders and investors should be prepared for such a scenario, balancing their bullish outlook with prudent risk management strategies.
Where BTC's headed this bull run (next 12 months)The REAL bull run is almost upon us!
And as you can see BTC's forming a cup & handle pattern with a projected price of around the $124k mark.
Add in a FOMO blow off top & your looking at the $150k mark.
My belief is she'll all be done and dusted by Sep next year as long as there's no big economic downturn between now and then.
Chur
WILL HISTORY REPEAT ITSELF AGAIN? This is my map and guide when to buy bitcoin. The answer is NOW!
The same pattern happened everytime before we saw a major pump.
1. PUMP from the lows of bull run all the way up to support and resistance on 1 MONTH time fram.
2. REJECTION OF SUPPORT AND RESISTANCE before halving. This rejection lead to smaller correction with drop of fear and greed index down below 20 = PERFECT OPPORTUNITY
3. BREAK ABOVE SUPPORT AND RESISTANCE
4. RETEST = CONFIRMATION currently I'm waiting for price break below 53.000$ to start buying more and more. There is also a possibility that we will see price falling lower to 36.000$ - 46.000$ area.
I'm already buying crypto assets with lower amounts of capital but once we see the scenario mentioned above, this will be my signal to get in action.
Imagine the fear if we fall and close below local low of 53.136$ . This could lead to extreme fear on the crypto market which could indicate the perfect buying opportunity.
Take your time, look at the chart and you will see the same pattern happening over and over again.
This is only my point of view and not financial advice. DYOR!
ETH/USDT 1D Trade idea It's no secret, Ethereum has been struggling this Bullrun.
Outperformed by Solana and other new emerging L1's, a permabearish ETH/BTC chart and losing market share in terms of volume on chain to its competitors.
The daily chart is a difficult one to digest as a fan of ETH, despite the ETF approval and the institutional investment that has come with it, the trend is an obvious downtrend of late and shows no signs of changing anytime soon...
The ETH/BTC pair is a similar story only the downtrend has been the case for much longer, unable to keep up with bitcoins price gains. Bitcoin is currently -20% from its ATH set earlier this year, Ethereum is yet to break its previous ATH set in '21 of $4850, -47% at current price which is way off BTC.
For me there are two possible entries:
- A mid range reclaim would then target a range high move going into the end of the year.
- A safer entry of filling the wick set in the beginning of august with a slow grind down, sweep liquidity, reclaim and pump from there.
Both situations would require BTC to behave as always.
#BTC: QUICK UPDATE! TESTING YOUR PATIENCE!!Hey everyone!
Appreciate a like and follow if this analysis helps!
Bitcoin is currently trading sideways around the $58k level. The daily chart shows a potential bull flag formation, suggesting a period of consolidation before a significant move. I anticipate this sideways action to continue for another 3-4 weeks.
While we wait, accumulating promising projects like FET, ONDO, JUP, RENDER, and INJ could be a strategic move.
Key indicators to watch:
RSI divergence: A bullish divergence on the RSI could signal a potential breakout.
Volume profile: An increase in volume during consolidation can often precede a strong move.
Patience is key. A breakout from the bull flag could lead to substantial gains.
What are your thoughts on Bitcoin's current price action? Share your analysis in the comments!
BTC $38-$40k low before macro upsideSorry to break it to y'all, but the BTC chop isn't finished yet. I expect a drop to around the $40ks which coincides with the Nov 22 low from a momentum perspective, unlocking another 10 months of upside like we previously experienced.
CAPITALCOM:US500 is the main cause of this, which will cause another capitulation event before assets break correlation and boom. Timeframe can be forecasted using the resistance fan lines. I am a MAXI so trust the analysis, I want $300k+ just as much as you all do. Kappa.
TOTAL - An Overview on the crypto marketcap#TOTAL #Analysis
Description
---------------------------------------------------------------
+ After a clear bounce from the support, another drop is occurring, which is normal.
+ We also have a strong support line that is providing significant support.
+ As long as the market cap remains above the horizontal and trendline support, there is hope for an upcoming bullish market.
+ A breakdown from this support zone could lead to further declines in the market.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
BTC/USDT 🔍 BTC/USDT Analysis: Key Dates and Strategic Insights for the Bull Run and Beyond 🚀
The BTC/USDT chart reveals crucial upcoming dates that could significantly impact Bitcoin's price action:
September 2, 2024 - Green Line: A potential local low, presenting an opportunity to accumulate BTC before the next leg up in the market.
January 6, 2025 - Red Line: This date likely marks the end of the current bull run, with Bitcoin expected to peak around late December 2024. This could be the time to take profits as the market might enter a cooling phase.
April 27, 2026, December 14, 2026 - Green Lines: These dates indicate potential local lows, providing ideal entry points for long-term accumulation.
August 2, 2027, March 6, 2028 - Red Lines: Watch for these dates as potential local peaks.
Strategic Accumulation (2026-2028)
The period between 2026 and 2028, highlighted by the green lines, is projected to be the best time to accumulate BTC in preparation for the next Bitcoin halving. Investors should consider gradually building their positions during these years.
Bull Run Conclusion & BTC Dominance
The end of the 2024-2025 bull run is anticipated by late December 2024, with Bitcoin likely reaching its peak around that time. Additionally, Bitcoin’s dominance is expected to decrease to around 42-45% by mid-October 2024, signaling potential strength in altcoins during that period.
Aligning your strategy with these key dates and market phases could help maximize returns and position you effectively for the long-term.
#Bitcoin #BTCUSDT #CryptoAnalysis #MarketTiming #CryptoStrategy
Is Polkadot going to make lower low?Yellow Line - BOS zone
White Line - Resistance of Bearflag pattern.
This is my idea on BINANCE:DOTUSDT and how it will go. We all know Dot is one of the top altcoins with huge potential. As you can see BINANCE:DOTUSDT is much likely to form a bearflag pattern before it goes up. If DOT ever reaches the 2.5-3 zone I would re-enter Long position again. You may think why 2.5-3 zone? isn't it going to make lower low? For me seeing a lower low is a confirmation that we are in a bearflag pattern and checking the bottom support line 3rd time is a huge confirmation to consider a Long Position. So time will tell!