Toncoin (TON)Toncoin is a powerful decentralized layer-1 blockchain that previously belonged to the encrypted messaging platform Telegram then taken over by "The Open Network" foundation: TON- although as they claim. Also, the project is new but was able to maintain itself among the top 30 coins by market cap and having high trading volume. Anyway, TON price is currently in a corrective wave and based on the available candles it seems two possible scenarios could take place. Either price could be descending in a triangle pattern or an inverted cup and handle pattern is forming; with the former one being more probable. Let's see what happens.
Cryptcurrency
RIF/USDT NEW INCREASE VOLUMEThe last data shows that RIF/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
RIF/USD has a history of breakdown trends, we will follow the coin to see if this is the reversal trend.
Is 240k BTC a Crazy Idea? Maybe not...Corrections both lasted almost a perfect year.
People are beginning to accept the 4 year cycle based on the halvening. 3 years of bullish action, 1 year of bearish correction.
If the top trend line remains valid into the next bull run, there is a case for a 240k coin. This would land the price action somewhere between the 2.618 and 3.618 fib extension.
This would also give us another touch on the top trend line.
Send it.
Am I crazy? You decide, in the comments of course.
Not financial advice.
Novice trader here.
Do your own DD!
Comment and let me know how bad this idea is!
BTC TOPING OR CONTINUATION?Those who could not accept the change to $16k to $19k as a change in trend will not be able to now if $40k drops. Short in case of rejection after retest.
Signs of weakness are visible and greed is at high levels.
On the other hand, the market will probably try to capture the liquidity marked on the chart.
Exiting the zone and accepting at $44.8k for a couple of days, we get information that the trend continues and that we are getting higher prices.
Below is a Wyckoff pattern that shows the distribution at these levels.
The "EXPERTS" are wrong! The bull run is upon us!This chart is to show anyone still on the fence about buying bitcoin, weather the bottom is in and if bitcoin is about to enter a bull market.
Lets take a look at this 2 week chart of bitcoin with three indicators.
1 CM ULTIMATE MA
2 PI CYCLE BOTTOM (only the short MA to keep it clean)
3 TRADERS DYNAMIC INDICATOR (TDI)
All three of these indicators are screaming that not only the bottom is for 6 months now but that the bull run is right around the corner. We can also see that price action would battle here with these areas until they broke above and confirmed the bull run, we are not there yet, but bitcoin is in the amidst of this battle as we speak. So, once these lines are conquered the bull should be official. It will not go below until the bull run is over. the one exception for this is covid in 2020, but it fairly quickly recovered from.
Lets look at the facts.
The thick green line that turns red in bear trends is the cm ultimate and the thinner green is pi cycle. Three previous times in history the pi line has crossed down below the cm ultimate which marked the eventual bottom. The cross up is what is important here as every other time in history marked the bottom well behind it and was approaching the inevitable next bull phase. {Highlighted with ovals}
Now the TDI
The TDI is actually showing confluence which only strengthens our analysis. The TDI also showed bullish divergence for many weeks before the latest breakout mark with yellow lines. Also the TDI shows strength and momentum build up as we compare it to the previous market cycles. The red line first makes a bottom and then crosses the green line. then it crosses the median yellow line and the green line then follows it. When both the red and green lines crossed the median yellow line in previous history, the bull run followed very shortly after. {highlighted with bigger ovals}
So, according to these indicators the bull market is coming very soon. We can have another big correction here soon, but the as long as the criteria is met the rocket ship will leave orbit.
Thank you
WeAreSat0shi
Stay blessed!
EWT Building an out of bear market move!Energy Web Token.
EWT has shown some decent strength in this bear market, but not soo much as of late. I think this recent downtrend might soon be at an end.
As we can the price is at the bottom of the it's bear market for as possible double bottom and the indicators are higher and showing signs of turning.
Lets take a look at the indicators
1 Volume, it has increased during the bear market
2 The RSI although not very strong is showing bullish divergence
3 The TDI is showing similar signs to the RSI
4 Stochastics RSI has bottomed
5 RCI3 lines has also bottomed
We are waiting for 4 & 5 to cross up. Once this happens it will show the momentum in this next move building and imminent. Both are circled on the chart.
My Price target would be @ the $7.60 (1.618 fib) to $10.75 (2.618 fib) area. That is based off of it's recent move in the bear market. There is also another price of interest, $9.26 area would be the .236 fib area from it's bull market peak. this also lines up with another resistance level in prices so this price is most likely. Then you would look for for it to catch support at top of the bear market resistance level (shaded area) @ $4.85 area.
kind regards
WeAreSat0shi
BTCUSD Excitement will start towards the Halving.Bitcoin / BTCUSD has drawn many comparisons with the 2014-2017 Cycle.
Both Bear Cycles started while the price was still 'riding' the 1week MA50 then started a strong decline under a Falling Resistance and bottomed when the 1week RSI got oversold and started a Rising Support.
Right now it is in the pre Halving phase, starting again to 'ride' the 1week MA50 on a whole new Bull Cycle.
As we approach April's (2024) Halving, excitement will start growing and so will prices.
Another steady rise phase post Halving, will eventually give way to the final parabolic rally.
Will that lead us to prices above 100k?
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AAVEUSD In the middle of an aggressive rally. Still time to buy.AAVEUSD is testing the MA200 (1d) after a rebound on Support Zone (1).
If broken, this rally will most likely be extended to the Falling Resistance Zone, as the prior two did.
Trading Plan:
1. Buy either on a pull back to the MA50 (1d) or if the price crosses over the MA200 (1d) first.
Targets:
1. 83.000 (a little under the Falling Resistance Zone).
Tips:
1. The MACD (1d) reveals on what part of the previous rallies we are currently at. The symmetry is strong indicating that this is indeed a rally that has just started.
Please like, follow and comment!!
UNI SWING SIGNAL WITH TERIGER LONGHello again dear traders
UNI currency is located on a pivot support zone in high timeframes such as daily
Also, a decrease in sales momentum can be seen in the 12-hour time frame with an upward divergence
You can enter long trades with your own trading style with the entry trigger.
Thank you for your support
I would be happy if you could comment your opinion.
XLMUSD Above the 1W MA200 for the first time in more than 1 yearStellar (XLMUSD) hit and broke today above the 1W MA200 (orange trend-line) for the first time since the week of May 02 2022. That's more than 1 year of trading below a key long-term Resistance that is now broken. The 1W MA50 (blue trend-line) has supported this price action for the past 2 weeks.
The time XLM hit the 1W MA200 during the previous Cycle, it failed to close the week above it and had a medium-term pull-back to the safety of the 1W MA50 before it started the final part of the parabolic rally from October 2020 to May 2021. Notice that the 1W RSI then was on the exact same (overbought) level it is today.
As a result, if it fails to close above the 1W MA200, we will wait for a pull-back to buy, preferably as close to the 1W MA50 as possible. If it closes above the 1W MA200 though, we will buy on the market price. In either case, we will target the top (Higher Highs trend-line) of the multi-cycle Triangle pattern at 0.7000.
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BITCOIN Consolidation above the Gaussian starts parabolic rally.Bitcoin (BTCUSD) is establishing a consolidating position above the Gaussian Channel on the 1W time-frame for the 4th straight week. On all of previous Cycles, such break and consolidation above the Gaussian was the start of a parabolic rally.
As far as targets are concerned, on the first 2 Cycles, the rally reached at least the 3.0 Fibonacci extension level measuring from the previous Cycle High and the Gaussian break-out level. The last Cycle (no3) reached (and exceeded) the 2.0 Fibonacci extension. Taking this 2.0 Fib 'worst' case scenario, we should be expecting this new rally to reach at least the $160000 mark.
Would you agree? Is your expected top higher or lower than 160k? Feel free to let us know in the comments section below!
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XRP, will history repeat?XRP and the Army.
XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin.
When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior history.
When it starts it should be 4 weeks of insanity then a correction and pause for approximately 8 months and a final 4 weeks of the final phase. That's the good news, the bad news is it might be well into 2024 and bitcoin will have to make new highs before XRP de-pegs it self from it's stable coin status.
I have also added the TDI indicator on the bottom as it shows the bear market areas and bull market areas.
I Have linked another chart that I made a few back on XRP and a lengthening altcoin cycle chart.
I have picked long for XRP but I don't expect it anytime soon. The earliest would be late this year but most likely 2024.
WeAreSat0shi
Thank you
Pepe: Traversing the Bullish WaveThe crypto world is currently witnessing a massive rally, a global phenomenon marked by a notable 6% growth in total market cap within the last 24 hours. As the mainstream adoption of cryptocurrencies increases and the potential for an institutional foray into the crypto space becomes more real, several cryptocurrencies have been benefiting from this bullish momentum. One such coin that has recently grabbed attention is Pepe coin, a popular meme coin that has undergone a remarkable resurgence.
Pepe coin, in the last 24 hours, has been on a spectacular run, its value skyrocketing by approximately 15%. This meteoric rise has piqued the interest of the investor community, stirring hopes that the coin might soon reclaim its previous peak at a $1 billion market cap. Pepe's journey of resurgence has been marked by a growth of over 14.8% in the past 24 hours, accumulating to a weekly gain of more than 15%. This robust performance has catapulted it to become the top trending cryptocurrency on CoinMarketCap, further marked by an impressive 130% increase in its 24-hour trading volume.
Digging deeper into the technical analysis of Pepe, it reveals a promising outlook for investors. On the 4-hour chart, the 0 Fibonacci level is marked at 0.000000908, with the half and first Fibonacci levels at 0.0000009805 and 0.0000010529 respectively. The current price of Pepe is at 0.0000012856, showcasing robust support at the 0 Fibonacci level of 0.00000111 on the 1-hour timeframe.
Analyzing the Bollinger bands on the same 1-hour timeframe, the upper band points to a level of 0.0000012242, the middle one is at 0.0000010802, and the lower one rests at 0.0000009407.
The momentum indicators for Pepe reflect the coin's current strong performance. The RSI, currently at 85, suggests an overbought market scenario that could potentially precede a price correction. However, the MACD indicates a value of 0.0000000540, signifying bullish momentum. In terms of volume, the OBV is at a significant 37 trillion, an indicator of strong buying pressure in the market. It's important to note, though, that the Stochastic oscillator is currently at 78, signifying the coin might be in overbought territory, and a potential reversal might be on the horizon.
This rally of Pepe's value can be attributed to the broader boom in the crypto market, spearheaded by the rapid rise of Bitcoin and its increasing institutional adoption. This rally has ignited a positive sentiment across the crypto market, benefitting coins like Pepe. However, despite the coin's current success, investors need to exercise caution. Pepe's ability to generate sustainable profits during bear markets is still under scrutiny. As crypto trader Michael van de Poppe points out, while Pepe has witnessed a strong surge, a clear continuation is yet to be discerned.
In conclusion, Pepe coin currently rides the wave of a bullish crypto market. While the coin's recent performance and the prevailing market trend give investors cause for optimism, it's essential for them to exercise due diligence and keep a close eye on market indicators. The crypto market is known for its volatility, and while potential gains can be lucrative, the associated risks can be just as significant. Hence, a balanced approach, aided by constant monitoring and well-informed decision-making, will be crucial in navigating the future course of Pepe coin.
EarthFund (1Earth)1Earth too has broke the downtrend line, gone up, then correcting in a minor downtrend pattern, and again breaking upward. Also, there are some news about updates on the project which could have positive effect on the price and fuel the impulse wave. Let's see what happens.
Very Very Early Bullish Shark on High Time FramesCOINBASE:BTCUSD This is a very early Bullish Shark on High time frames. This is just a fun idea for now. I'm curious if this will hit the 1.618 at the top on the B-C leg. If C is the pivot point, were going to retrace all the way down to the 886 or past to 1.13 to 14k. One last dump before the pump. Thanks
XCAD/USDT :- Update on the #XCAD/USDT Scalp Trade:Update on the #XCAD/USDT Scalp Trade:
Currently, the XCAD coin is trading at $1.345 and has surpassed the support level. Moreover, it has exhibited a good bounce from the 0.618 Fib Retracement level. As a result, I anticipate a positive upward movement.
My recommended entry range for this trade is between $1.35-$1.30. The potential targets for the trade are $1.44, $1.53, $1.60, and $1.70, while the stop-loss should be set at $1.2696. The timeframe for this trade is 1-3 weeks.
Given the market's high volatility, it is essential to place a stop-loss order to minimize potential losses.
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Thank you.
Different look on BTC volume todaySo you understand how HUGE this is!!!
This will likely be the 2nd LARGEST BUY
volume day in years!!!!!!!!!!!!!!!!!!!!!!!
🚨ALERT! 🚨
MONSTER $BTC REVERSAL
&
While there's SOME short covering
it's minimal, so it's PURE BUYS!!!
We could be seeing BOTTOM in #BITCOIN TODAY!
We've not called one this year
Some were close but this is BIG!
Spot #BTC volume normal = IRRELEVANT
#futures dictate
BTCUSDT Potential for bullish momentum | 17th May 2022On the H4, with the MACD showing a bullish momentum, we have a bullish bias that price will rise to our take profit at 31334.20 in line with the horizontal swing high resistance and 78.6% Fibonacci projection from our buy entry at 29554.29 in line with the horizontal swing low support, 61.8% Fibonacci retracement and 78.6% Fibonacci projection . Alternatively, price may break entry structure and head for stop loss at 28759.95 where the horizontal swing low support is.