Bitcoin cycle topBitcoin cycle top prediction based on prev cycle and my speculation. Next: new ATH, then sell in may and go away type of move, and the final last push towards $140k !
Crypto
MUBI Wave 1 Incoming: 2025 Set to Be a Breakout Year $MUBI $USDTWith RSI on the verge of breaking out from oversold levels and volume steadily increasing throughout May 2025, $MUBI shows strong signs of bullish momentum building up for a potential breakout.
1INCHUSDT Analysis | (DEX) aggregator on 12 chains The price is undergoing a correction, and potential **support levels** include:
1. **200-day MA (~$0.4181)**: A strong dynamic support level.
2. **Lower Bollinger Band (~$0.3356)**: Positioned within the green demand zone, potentially signaling oversold conditions if reached.
3. **Green Zone ($0.3240–$0.4181)**: A historical demand area that has previously supported price rebounds.
Trend Indicator:
- **PSAR**: Flipped red, confirming short-term bearish momentum.
Oscillator Analysis:
- **RSI**: At ~50, showing neutral momentum but with a downward slope, reflecting fading bullish strength.
- **MACD**: Already crossed bearish, with a negative histogram confirming building selling pressure.
- **OBV**: Declining, indicating reduced accumulation and increasing selling activity.
Outlook:
The **200-day MA**, **lower Bollinger Band**, and **green zone** are critical support levels. If these levels hold, a potential rebound could stabilize the trend. However, if broken, the price may correct further. Monitor MACD and OBV for signs of persistent selling pressure and RSI for potential oversold conditions. Stay cautious!
XECUSDT Analysis | Layer-1 digital cash networkThe price is approaching key support levels:
1. **0.236 Fibonacci Level (~$0.0366)**: This level may act as immediate support.
2. **200-day MA (~$0.033)**: Positioned just below, providing additional dynamic support if the 0.236 Fib level breaks.
Oscillator Analysis:
- **RSI**: At ~38, indicating bearish momentum and approaching oversold conditions, which could lead to a potential bounce.
- **MACD**: Bearish crossover with a deepening negative histogram, signaling ongoing selling pressure.
- **OBV**: Trending lower, reflecting a decline in accumulation and increased distribution.
Volume Analysis:
Volume bars show a slight increase during the recent downside move, confirming bearish momentum. Watch for a reduction in selling volume near the support levels, which could indicate stabilization or a reversal.
Outlook:
If the **0.236 Fib level** holds, it could act as a springboard for a bounce. However, if broken, the **200-day MA** becomes the critical support to watch. Keep an eye on oscillators for potential oversold signals and volume trends for signs of buyer interest.
SOLANA/USD Technical Analysis: Clear Upside Potential
To start our TA here let's look at the Weekly Chart. We can see on first look that Solana is at it's all time high for the first time since November 2021 (3 years). It hit a low of $8 in December 2022 (man don't we all feel dumb!?) 🙂
Zooming in to the Daily Chart, we take a look at the 200 day MA. I bring this up now as you'll find me look at it a lot. My hypothesis (which I may have learned elsewhere), is if an asset (especially a crypto asset) is above it's 200-day Moving Average (meaning the current price is higher than the average of the last 200 days), then we are in a Bull Market. The opposite is also true. If we spend significant time below the 200-day and we bounce off of it, we are in a Bear Market. As seen on the chart. What is critical when we cross the line, is that when we retest it, we bounce. You don't want to use this as an immediate rule, as in many cases you can find assets cross below their 200-day. If you are confident in market conditions, this can be an optimal buying or selling opportunity depending on your bet (Buying in a bull market, selling in a bear market).
Zooming in further on the chart, we see the most recent consolidation phase for Solana. It is critical when analyzing charts to recognize the different shapes and be able to draw them and understand what they could mean. This is not a foolproof strategy, but a highly probable hypothesis that you can use to try to predict the next move. Use other signals and indicators to test your hypothesis to potentially increase its likelihood, or invalidate it. We are being purely objective. This pattern is clearly a Bullish Pennant Pattern which can be found: reddit.com/media?url=https://i.redd.it/8nrgx1pmbot51.jpg
Zooming in even further on the 1 hour chart we note that Solana just peaked over the previous all-time high (ATH) of $260.00 and hit $264.63. It was rejected off of that level, leading to fear. Many people bought the top thinking it would just blast off. Things don't work that way. ATH is a strong resistance and requires significant effort and reason to beat, especially for a top 10 Market Cap coin. So we look at a few indicators to understand what could happen next without making any rash decisions.
The first thing I notice is the significant BUY VOLUME as noted by the tall green bars at the bottom of the chart.
Secondly, we have a Bullish Falling Wedge Pattern that has printed and now broken out with strong buy volume confirmation.
Third, it just so happened that on December 3rd, 2024, the NYSE and Grayscale filed for a Solana ETF with the SEC.
Notice how we use multiple data points to help support our hypothesis for a continued uptrend. Knowing the current bullish environment, and what we've seen so far. The most likely scenario is a continued uptrend and a breakout from the ATH. Once the ETF is approved and on the market, institiutional buying could lead to parabolic moves.
This is not investment advice. This is objective analysis. Do what you will with the shared data points and please go confirm them for yourself. 🙂
It doesn't stop there. One of the best indicators which is usually overlooked by newer traders is the SOL/BTC pairing. For all cryptos, there is a BTC pairing because BTC is the reserve currency. If we look at the BTC chart on the Daily time scale, we immediately notice the Symmetrical Triangle that has been forming since November of 2023, tightening up to February of 2025.
Given all we know, and Bitcoins recent resurgence and ATH nearly touching 100k, this may be another data point that helps support our hypothesis of a continued uptrend in the price of Solana over time. HOWEVER, the symmetrical triangle has an equal chance of going up or down, so we can only be sure a significant move against BTC is imminent, but not the direction.
With this in mind, we need to consider the scenarios where the BTC pairing could go up or down as it is more dynamic than a standard BTC pairing. For example, if BTC were to move up, while SOL remained the same, the BTC pairing would go down, even if the USD value did not change. The opposite is also true.
Three things give me a more likely BEAR case for SOL vs BTC:
1. The fib extension has maxed out to the 4.236 level, BUT it also has corrected (slightly), so if this is all that it will correct, the BULL case is actually stronger should it make an upward move.
2. If the move is upward, it won't be without resistance. The top line shows the ATH in September 2021. This will be met with resistance before it can make a move up and find new highs.
3. Zooming out shows an "A-B" of what would usually be an "A-B-C" correction, if you follow Elliot Wave Theory (which I do). This makes me concerned that a massive move down is likely. Elliot Wave Theory (EWT) is generally useful but I do find it is not 100% foolproof and should only be a data point. Still, the C-wave correction is very common and may lead us back to the support line shown.
Finally, if you remember from above the 200-day MA, this also exists on the BTC pairing. In just the last few days we had a drop in the price of SOL. This drop went below the 200-day MA. This could have been scary for many who track the MA, if they didn't look for the other signs.
Transparently, I bought here. tripled down actually. Started when it touched the line, and then kept buying until I couldn't. I didn't get the bottom of the move, but I tracked a support line at $210 USD which is where I'd consider stopping out of my position if it went lower than that.
For now, we look at this move below the BTC 200-day and notice the following:
1, A Falling Wedge pattern which you saw in a previously above.
2. The lower white line is also the bottom of the Symmetrical Triangle shown above.
3. The attempted dump led to a massive bounce with significant green volume candles, pushing it back over the BTC 200-day in just a few hours. This was helped by the ETF announcement (but do you believe in coincidences?) - I love seeing this confluence with reality and wonder if it is intentional.
One could argue that lower line below the 200-day was a prime buying opportunity IF the move is upward from here, which the fundamentals and multiple analysis data points I've shared here support. THIS WAS A FAKE OUT THEN BREAK OUT. But will it continue? We are breaking over the 200 day MA again WITH VOLUME which is an excellent sign.
So what do you do if you want to get a piece of the action and limit your risk at the same time? Don't just go all in on Solana, because risk is REAL in the markets no matter how much analysis we do. A good strategy is to get a small position, and then try to cost average as the price declines.
We saw a retrace of the move, and in beautiful CONFLUENCE, we see a bounce off of the 618 retracement at the exact same line as the falling wedge. Will that hold? Will we go lower? Or is it up from here? Only time can tell... MANAGE YOUR RISK.
Thanks for reading and be safe out there! This is for informational purposes only and not a suggestion or recommendation to buy or sell any asset or otherwise. You are responsible for your own decisions no matter where you get information. Never invest if you can't afford it and consider all investing gambling.
- Shadowfigure
Solana - Finally Initiating The Bullish Breakout!Solana ($CRYTO:SOLUSD) is finally breaking above the highs:
Click chart above to see the detailed analysis👆🏻
In the end of 2023, Solana create a so called reversal triangle breakout and rallied more than +1.000% over the past couple of months. However looking at the current all time high breakout rally, this might still just be the beginning of the next massive Solana bullrun.
Levels to watch: $200, $500
Keep your long term vision,
Philip (BasicTrading)
PEPEUSDT Analysis | deflationary memecoin on EthereumPEPEUSDT Analysis
The chart shows clear **bearish divergences** on key indicators:
- **OBV**: A bearish divergence indicates reduced accumulation despite recent price highs.
- **RSI**: Another bearish divergence signals weakening bullish momentum.
- **MACD**: Approaching a bearish crossover, suggesting a potential shift to downward momentum.
Support Levels to Watch:
1. **0.236 Fibonacci Level (~$0.0201)**: Currently acting as support. A break below could lead to further downside.
2. **0.382 Fibonacci Level (~$0.0170)**: This is the next key support level if the 0.236 Fib fails.
3. **200-day MA (~$0.0117)**: Positioned near the **0.618 Fibonacci Level**, this is a strong dynamic support that could be tested if bearish momentum continues.
Outlook:
- If the **0.236 Fib level** holds, there could be consolidation or a potential bounce.
- If it breaks, the price might head toward the **0.382 Fib level**, with the **200-day MA** as a critical support zone to prevent a deeper correction.
Monitor the **MACD crossover** for confirmation of bearish momentum and watch the **Fib levels** for possible reactions. Stay cautious and prepared for further downside risk!
LUNCUSDT Analysis | first native token of Terra blockchainThe price is currently testing the **0.5 Fibonacci retracement level** (black line) as a potential support zone. If this level fails, the **200-day MA** (red line) is the next significant support level to monitor.
Oscillator Analysis:
- **PSAR**: Flipped red, indicating bearish momentum.
- **RSI**: Dropped to ~44, suggesting bearish momentum but not oversold, leaving room for further downside.
- **MACD**: Bearish crossover, with the histogram deepening, confirming negative momentum.
- **OBV**: Declining, signaling reduced buying pressure and increased selling activity.
If the **0.5 Fib level** holds, it could provide a base for a rebound. However, if broken, the **200-day MA** will be critical for preventing a deeper correction. Monitor these levels closely!
XRP BOOM!XRP REACHED 400% gains in the month of November before a pull back to the previous breakout zone. Ripple CEO appeared on 60 Minutes for a brief interview to introduce the world to the entire crypto industry as a whole. Although it was bias news, it was great news. On 12/10/24 Brad Garlinghouse announced that $RLUSD has been approved and will be listed on exchanges soon.
I look for XRP to reach towards $3+
The price target varies. If RLUSD approval quickly helps XRP rise, the mere adoption of the US backed stable coin and the possible overtaking of competitor Swift. XRP could reach milestone levels, above the $100-$500 range. After trump gets in office, gensler steps down, and regulations are made in the congressional seats. Ripple could grow to see ETH type numbers. This would be dependent on financial adoption and utilization around the world. Keep an eye on this. Good luck!
FLOKIUSDT Analysis | the people's cryptocurrency The **0.382 Fibonacci retracement level** appears to be **broken**, suggesting potential further downside. The next key support levels to monitor are:
1. The **0.5 Fibonacci retracement level** (~$0.1711).
2. The **200-day MA** (red line), positioned as a critical dynamic support (~$0.1550).
**Oscillator Analysis:**
- **RSI**: At ~46, showing weakening momentum but not oversold, leaving room for further downside.
- **MACD**: Bearish crossover, with the histogram turning negative, confirming downward momentum.
- **OBV**: Slight decline, indicating reduced buying pressure and possible distribution.
If the **0.5 Fib level** fails to hold, the **200-day MA** is the next key area where buyers might step in. Monitor these levels closely for potential reactions. Stay cautious!
BTTUSDT Analysis | (P2P) file sharing torrent platform on TRON**BTTUSDT Analysis**
The price is currently testing the **0.382 Fibonacci retracement level**, which may act as a potential support. Below this, the **200-day MA** (red line) serves as a critical secondary support level.
- **PSAR**: Turned red, indicating a shift to bearish momentum.
- **RSI**: At ~44, reflecting weakening momentum, but not yet oversold.
- **MACD**: Bearish crossover, confirming downward pressure.
If the **0.382 Fib level** holds, a rebound is possible; however, a break below this level could lead to a test of the **200-day MA**. Keep an eye on these levels for the next move. Stay cautious!
BONKUSDT Analysis | the first dog-themed coin on SolanaThe price has broken below the **0.382 Fibonacci retracement level**, signaling potential further downside. The next key support levels to watch are:
- The **0.5 Fibonacci retracement level** (~$0.0349).
- The **200-day MA** (red line), which is positioned near **$0.0259**, offering strong dynamic support.
- **RSI**: At ~40, indicating bearish momentum, nearing oversold conditions.
- **MACD**: Bearish crossover, confirming downward momentum.
- **OBV**: Trending lower, reflecting reduced accumulation.
Keep a close eye on the **0.5 Fib level** for a reaction; if it breaks, the **200-day MA** is the last major support to prevent a deeper correction. Stay cautious!
COQUSDT Analysis | #1 meme coin on AVAXThe **0.236 Fibonacci level** has been broken, signaling weakness in the current structure. The next key support lies at the **200-day MA** (red line), which could act as a strong area for price stabilization.
- **RSI**: Dropped to ~48, showing weakening momentum and room for further downside.
- **MACD**: Bearish crossover confirms selling pressure.
- **OBV**: Declining, signaling reduced accumulation.
If the **200-day MA** fails to hold, the structure may turn decisively bearish. For now, keep an eye on the **200-day MA** as the critical support zone!
AIDOGE | Bounce Potential: 200-Day MA and 0.236 Fib Hold Strong!**AIDOGEUSDT Analysis**
The **200-day MA** (red line) is currently acting as strong **support**, with the price pulling back and holding above it after recent downside pressure. The market has also retraced to the **0.236 Fibonacci level**, which aligns with this critical support area.
- **RSI**: At ~44, showing mild bearish momentum but not oversold.
- **MACD**: Displays a bearish crossover, signaling potential short-term downside risk.
As long as the **200-day MA** holds, this zone could serve as a base for a potential rebound. A breakdown below it would signal further downside. Stay prepared for both scenarios!
dogebtc trendline breakoutbreak and retest of a weekly trendline
will this be the final push that takes DOGE beyond $1?
ETHEREUM LONG FROM SUPPORT|
✅ETHEREUM is going down now
But a strong support level is ahead at 3500$
Thus I am expecting a rebound
And a move up towards the target at 3670$
LONG🚀
✅Like and subscribe to never miss a new idea!✅
#POWR Ready For a Pullback or Will it Keep Falling? Key LevelsYello, Paradisers! Could #POWRUSDT be gearing up for a breakout, or will it fail to hold critical support levels? Let’s dive into the key areas of #PowerLedger:
💎#POWR has been trading in a descending channel formation for most of 2024, steadily making lower highs and lower lows. However, recent price action suggests a potential shift in momentum, signaling an opportunity for the bulls to step in.
💎The demand zone between $0.1856 and $0.2577 remains the critical level to monitor. This area has consistently provided strong support, and as long as the price stays above this zone, the bullish outlook remains valid. A sustained hold here would strengthen the case for a move higher.
💎If the price holds this demand zone and begins a reversal, the first target is the supply zone around $0.3500–$0.4500, which has acted as a key resistance in the past. A decisive breakout above this level could propel POWR toward its major resistance zone at $0.8000, opening up a potential rally to even higher levels.
💎That said, caution is essential. A daily candle close below $0.1856 would invalidate the bullish thesis and could trigger a sharp correction, exposing the price to further downside risk. In such a scenario, #POWR may revisit sub-$0.1350 levels, potentially shaking out weak hands before finding a new equilibrium.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Well, Well Well, Can Bitcoin Sustain Its New All-Time High?It's been a while, TradingView. I've really stepped away from markets for the most part to focus on other things. It's been quite refreshing. This won't be long. I'm popping in to share a couple of quick observations.
For one, Bitcoin has managed to break out to a new significant ATH, so far a little under 30% above the previous high around $73k. My speculation has long been that Bitcoin is unlikely to SUSTAIN a significant new all-time high above the previous bull-market high near $70k. This is close to being invalidated. Full invalidation would require Bitcoin to just keep going, and $100k is the next clear hurdle. Right now, it's encountering some resistance, just 5% from that major target. Keep in mind, Bitcoin, is not really outperforming major stock indexes (yet). It's simply caught up after a period of underperformance.
The recent upswing in price seems to have been catalyzed by Trump's second election to office in the U.S. Interesting, considering he used to look down on cryptocurrencies and suddenly flip-flopped during his recent run for office. This seems to be a bit of an emotional and speculative reaction from investors. Buyers expect further price appreciation with increased adoption and decreased available supply. "Adoption" simply means buying and holding these days, not using it as a currency. This is clear when looking at this graph: studio.glassnode.com
Bitcoin active addresses continue to stagnate. People are just buying and holding, and it is often the same entities doing so. The ETFs skew this data as well, since these coins are held in concentrated addresses, even though many more people may be holding "Bitcoin" through an ETF. That brings me to something else: Options. Now traders can exercise options on Bitcoin ETF's. This is dangerous, and I think should be treated with some caution. This can increase the amount of price manipulation, as if it wasn't already manipulated.
As for me, I closed my shorts at a loss around $63.8k. I saw that Bitcoin was unlikely to drop further, and instead break out of its flag formation to the upside. This ended up being the safer move. Now, I've slowly begun scaling back into a short. I've added at GETTEX:89K , $93k, and now $94.8k. The chart is demonstrating some divergences. The Ultimate Oscillator is actually declining as price goes up.
Today's "breakout" is so far on meager volume, but my guess is that this increases should price continue towards $100k this week. In the above chart, confirmation of a local top might be the breakdown of my orange trendline.
If price stalls here, it can fall all the way down to the breakout point (the long broadening wedge)
It can also simply fall as shallow as $82-83k and then resume its climb. Long term, I'm not a fan of this asset as it represents something dystopian and sinister to me these days. I acknowledge it doesn't represent this to everyone. Regardless of your position on Bitcoin, I wish you luck!
This is not meant as financial advice and for speculation only!
-Victor Cobra
LEOX = another undervalued GEM in RWA category. Time to Accumulate.
DO NOT push in.
LEOX is set to power Galileo Protocol's luxury tokenization platform, bringing seamless interactions and new opportunities.
#RWA
#GEM
The Solana ecosystem continues to thrive...hello friends
This currency, which is from the Solana ecosystem, managed to make a good bottom after a long-term downward trend and managed to hit a new top.
Now that Pullback has stirred, it has provided us with a good opportunity to buy a ladder.
Note that if he keeps his range, he can move to the specified targets.
Dear friends, capital management must be observed.
Be successful and profitable.
Bombay currency...Hello dears
This currency is from the Solana ecosystem, which has not started its main growth, so we checked it for you.
The price after the pump. Placed in a channel for about 290 days.
Now it has formed a pattern which shows that it wants to start its growth and you can buy it step by step as we have specified the purchase limits for you.
Friends, be sure to observe capital management.
Be successful and profitable
Good prices to buy Solanahello friends
This currency experienced a strange pump and then the price stayed in the channel for about 230 days.
Then, with the strength of your channel, you were able to show yourself
Now it is pulling back to the top of the channel and the price is right to enter.
There are three purchase steps that seem attractive and we have specified them for you.
Don't forget capital management, friends.
Be successful and profitable.
