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Sui Very BullishWe were Squeezing back in November, We started having an outbreak in positive volume. Once we crossed over the 50 period moving average we started a new trend. We had a golden cross and didn't have a pullback until Jan 15th where we started a correction and had a healthy touch on the .618 before continuing crushing the previous swing high finding it's way with some resistance around the 1.61 fib at 2.12 After 2.12 according to the fib extension we can look at price targets 3.20, 4.28, and 4.95 in the not so distant future.
Long
by Tracking_Technicals
Large speculators' appetite is slightly decreasingIn the previous article about Bitcoin, we discussed the rise in the number of large speculators, the distortion of the bearish structure in RSI, and a bullish breakout in MACD (on the daily time frame). Since then, MACD and RSI have continued to trend higher, with the RSI reaching the overbought zone. At the same time, the ADX began to trend higher, suggesting the bullish momentum has been strengthening; however, the ADX’s low value reflects that the trend is still very weak or neutral. In regard to Bitcoin addresses, the large ones (+ 1,000 BTC) have held relatively steady, while those with balances exceeding 100 BTC kept decreasing. This dynamic hints at a decreasing appetite for Bitcoin among large players (which follows a period with an aggressive rise in the number of large speculators); a drop in the figure will be slightly alarming. As such, we think stepping out of the market and waiting for the new attractive setup to arise is preferable. Illustration 1.01 Illustration 1.01 shows the daily chart of BTCUSD and an upward-sloping channel. A failure of the price to defend the ground above the channel’s upper bound will be slightly bearish. Technical analysis gauge Daily time frame = Bullish Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of multiple indicators. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDLong
by Tradersweekly
7
RNDR/BTC - Render: Super Trend◳◱ On the $RNDR/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.000105 | 0.0001145 | 0.0001288 and support near 0.0000907 | 0.0000859 | 0.0000716. Entering trades at 0.0001008 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Render ▣ Rank: 50 ▣ Exchanges: Binance, Kucoin, Huobipro, Hitbtc ▣ Category/Sector: Services - Shared compute ▣ Overview: RNDR is an ERC-20 compatible utility token used to pay for animation, motion graphics and VFX rendering on the distributed RNDR Network, which is a peer-to-peer GPU compute network that connects creators in need of additional computation power for rendering their scenes, to providers that receive RNDR tokens for their GPU power. It allows complex GPU-based render jobs to be distributed and processed on a P2P network, making the transactional process of rendering and streaming 3D environments, models, and objects simpler for end users. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0001008 ₿ ▣ 24HVol: 29.394 ₿ ▣ 24H Chng: 6.217% ▣ 7-Days Chng: 9.59% ▣ 1-Month Chng: 18.77% ▣ 3-Months Chng: 100.43% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.000105 | 0.0001145 | 0.0001288 ◢ Support: 0.0000907 | 0.0000859 | 0.0000716 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 4.19 ▣ Last 90D: 3.28 ▣ Last 1-Y: 1.62 ▣ Last 3-Y: 1.48 ◲◰ Volatility : ▣ Last 30D: 0.77 ▣ Last 90D: 1.08 ▣ Last 1-Y: 1.05 ▣ Last 3-Y: 1.73 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.57 - Bullish ▣ Reddit sentiment score is 0.49 - Bearish ▣ In-depth RNDRBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
R
by Crypto2AF
XEMPopped on my breakout finder 📈 *Symbol*: `XEM/USDT` ✅ *Qualification*: All MAs within 1% of MA7. 💰 *Market Cap*: `$314,594,092.89` I'm noticing on the day the adx crossed below a level it never has and when it did the MACD signaled a Buy With ADX When it's going upward that means trend following indicators work best when its going down we use things like oscilators MACD being an ocsilator pinged a buy and we're starting to uptrend. We also had a nice bounce of the .318 fib along with another breakout and swing low back tot the .5 fib showing a health upward trend as you see how volatility has completely dropped thats what the breakout/breakdown finder looks for tokens like that
Long
by Tracking_Technicals
BITCOIN to 40k or 69k?Bitcoin (BTCUSD) has been trading within a long-term Channel Up pattern since the November 21 2022 market bottom. The price broke today above the psychological level of $50000 and is about to touch that very top (Higher Highs trend-line) of the Channel Up. As the 1D RSI broke above its 4-month Lower Highs trend-line and is largely overbought near 80.00, this technically resembles the same break-out of June 23 2023. As a result, as long as the 1D candles close within the Channel Up, BTC could pull-back to a 'fair' value near $40000 and the 1D MA200 (orange trend-line) above the 0.382 Fibonacci retracement level. Time-wise it would be ideal to reach that level before April's Halving and start attracting long-term buying interest then. If however a 1D or even better, a 1W candle closes above the Channel Up, we will turn again largely bullish on the medium-term break-out as we can see an price action resembling the short-term Channel Up that started on October 24 2023 that paved the way for the December 08 2023 High. That High was on a +79.77% rise from the September 11 2023 Low, the last technical Higher Low of the Channel Up. A new +79.77% run from the recent January 23 2024 Low would peak marginally above $69000, which in that case will be our Target. Which scenario do you think is more likely to prevail now? 40k or 69k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
9
IMXUSD This pull-back is the best buy entry.Immutable X (IMXUSD) has been rising non-stop since the January 23 Low and is now on a new 2 year High! However, the 1D RSI's Bearish Divergence, the entry on the Diagonal Resistance Zone since the June 2022 High, as well as the similarities with the previous Higher Highs formations, call for a short-term pull-back. As long as that is contained above the 1D MA100 (green trend-line), we will buy it and target the All Time High Zone at 5.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:IMXUSD
by TradingShot
TWT/USDT - Trust Wallet Token: Triangle & Wedge◳◱ On the $TWT/ CRYPTOCAP:USDT chart, the Triangle & Wedge pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 1.1607 | 1.2045 | 1.3036 and support near 1.0616 | 1.0063 | 0.9072. Entering trades at 1.1882 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Trust Wallet Token ▣ Rank: 129 ▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Mexc, Hitbtc ▣ Category/Sector: Financial - Payment Platforms ▣ Overview: The Trust Wallet mobile app is a multi-currency crypto wallet that gives users access to a wide range of digital assets, and has a built-in DEX (for android users). Trust Wallet joined the Binance ecosystem in 2018 and is now the official crypto wallet of Binance Smart Chain (BSC). Trust Wallet Token (TWT) is a utility and governance token, native to the Trust Wallet and available on both the BEP-2 (Binance Chain) and BEP-20 (Binance Smart Chain) standards. Trust Wallet’s core modules are open-source and available for any developer to build on. The digital wallet mobile app has fiat on-boarding, allowing users to purchase crypto with credit cards. Trust Wallet has integrated with other DEXs such as Pancake Swap, Uniswap or Binance DEX so that users can buy, hold, and exchange their crypto-assets using a single interface. Trust Wallet supports buying, exchanging, and staking 160,000 crypto assets on 40 blockchains. The project’s overarching goal is to become the interface to all crypto by making it easier for users to access crypto services like dapps. ◰◲ Technical Metrics : ▣ Mrkt Price: 1.1882 ₮ ▣ 24HVol: 3,428,375.626 ₮ ▣ 24H Chng: 4.402% ▣ 7-Days Chng: 5.31% ▣ 1-Month Chng: 1.97% ▣ 3-Months Chng: -12.13% ◲◰ Pivot Points - Levels : ◥ Resistance: 1.1607 | 1.2045 | 1.3036 ◢ Support: 1.0616 | 1.0063 | 0.9072 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.10 ▣ Last 90D: -0.77 ▣ Last 1-Y: 0.01 ▣ Last 3-Y: 0.72 ◲◰ Volatility : ▣ Last 30D: 0.44 ▣ Last 90D: 0.65 ▣ Last 1-Y: 0.71 ▣ Last 3-Y: 1.17 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.62 - Bullish ▣ Reddit sentiment score is 0.77 - V. Bullish ▣ In-depth TWTUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
API3/USDT - API3: Trend Reversal◳◱ On the $API3/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 3.562 | 3.973 | 4.87 and support near 2.665 | 2.179 | 1.282. Entering trades at 3.171 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: API3 ▣ Rank: 173 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Services - Data Management ▣ Overview: API3 is a collaborative project to deliver traditional API services to smart contract platforms in a decentralized and trust-minimized way. It is governed by a decentralized autonomous organization (DAO), namely the API3 DAO. Therefore, API3's code is open source and its operations are transparent. ◰◲ Technical Metrics : ▣ Mrkt Price: 3.171 ₮ ▣ 24HVol: 10,668,767.956 ₮ ▣ 24H Chng: 3.865% ▣ 7-Days Chng: -3.82% ▣ 1-Month Chng: 88.44% ▣ 3-Months Chng: 102.08% ◲◰ Pivot Points - Levels : ◥ Resistance: 3.562 | 3.973 | 4.87 ◢ Support: 2.665 | 2.179 | 1.282 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 3.51 ▣ Last 90D: 2.10 ▣ Last 1-Y: 0.96 ▣ Last 3-Y: 0.57 ◲◰ Volatility : ▣ Last 30D: 2.86 ▣ Last 90D: 1.84 ▣ Last 1-Y: 1.35 ▣ Last 3-Y: 1.49 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth API3USDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
1
NFP/USDT - New Frontier Presents: BBand Breakout◳◱ On the $NFP/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.58147 | 0.66395 | 0.78956 and support near 0.45586 | 0.41273 | 0.28712. Entering trades at 0.59082 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: New Frontier Presents ▣ Rank: None ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: N/A ▣ Overview: New Frontier Presents project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.59082 ₮ ▣ 24HVol: 10,421,685.717 ₮ ▣ 24H Chng: 6.381% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 0.58147 | 0.66395 | 0.78956 ◢ Support: 0.45586 | 0.41273 | 0.28712 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -9.79 ▣ Last 90D: -2.54 ▣ Last 1-Y: 2.23 ▣ Last 3-Y: 1.11 ◲◰ Volatility : ▣ Last 30D: 0.88 ▣ Last 90D: 0.72 ▣ Last 1-Y: 0.65 ▣ Last 3-Y: 24.98 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth NFPUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
CHR/USDT - Chromia: BBand Breakout◳◱ On the $CHR/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.2813 | 0.2972 | 0.3349 and support near 0.2436 | 0.2218 | 0.1841. Entering trades at 0.3636 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Chromia ▣ Rank: 197 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Hitbtc ▣ Category/Sector: Infrastructure - Application Development ▣ Overview: Chromia (previously Chromapolis) is a Layer-1 blockchain that is also an Ethereum Virtual Machine (EVM) compatible Layer-2 solution for Ethereum and the Binance Smart Chain. Chromia is designed to achieve three goals: allow dApps to scale to millions of users, improve the user experience of dApps to match those of centralized applications, and create familiar paradigms that allow developers to build secure applications. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.3636 ₮ ▣ 24HVol: 12,843,426.679 ₮ ▣ 24H Chng: 12.465% ▣ 7-Days Chng: 36.36% ▣ 1-Month Chng: 28.82% ▣ 3-Months Chng: 183.90% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.2813 | 0.2972 | 0.3349 ◢ Support: 0.2436 | 0.2218 | 0.1841 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 2.36 ▣ Last 90D: 3.89 ▣ Last 1-Y: 0.92 ▣ Last 3-Y: 1.04 ◲◰ Volatility : ▣ Last 30D: 1.07 ▣ Last 90D: 1.11 ▣ Last 1-Y: 0.87 ▣ Last 3-Y: 1.53 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.49 - Bearish ▣ Reddit sentiment score is 0.42 - Bearish ▣ In-depth CHRUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
ACE/USDT - Acent: Super Trend◳◱ On the $ACE/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 9.3841 | 10.4912 | 12.2727 and support near 7.6026 | 6.9282 | 5.1467. Entering trades at 9.3594 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Acent ▣ Rank: 1914 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: N/A ▣ Overview: Acent project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 9.3594 ₮ ▣ 24HVol: 14,331,992.102 ₮ ▣ 24H Chng: 8.559% ▣ 7-Days Chng: -0.82% ▣ 1-Month Chng: -25.65% ▣ 3-Months Chng: 63.16% ◲◰ Pivot Points - Levels : ◥ Resistance: 9.3841 | 10.4912 | 12.2727 ◢ Support: 7.6026 | 6.9282 | 5.1467 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -2.01 ▣ Last 90D: 1.82 ▣ Last 1-Y: 0.79 ▣ Last 3-Y: 0.61 ◲◰ Volatility : ▣ Last 30D: 1.31 ▣ Last 90D: 5.54 ▣ Last 1-Y: 3.14 ▣ Last 3-Y: 3.05 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth ACEUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
ID ADX Breakout Before Price Breakout Channeling upThe MACD Signaled a Buy with the EMA Crossovers happening above the Signal Line. We're Channeling on the 1.0 and 1.618 fib showing bullish Strength. We can see before ID Broke out almost 100% the ADX Broke out a Resistance Line and is Now Channeling Upward Below is the Call that Made ID Catch my Attention 🔎 *Symbol*: `ID/USDT` 📈 *Signal*: `Long` 💲 *Current Price*: `0.61248` 🛑 *Stop-Loss*: `0.18023112000000002` 💰 *Market Cap*: `286793089.6509273` 🚪 *Entry Prices*: 📥 Entry Price 1: `0.36552888` 📥 Entry Price 2: `0.42284556000000006` 📥 Entry Price 3: `0.46917000000000003` 📥 Entry Price 4: `0.51549444` 🏁 *Exit Prices*: 📤 Exit Price 1: `0.8154255600000001` 📤 Exit Price 2: `0.90807444` 📤 Exit Price 3: `1.05804` 📤 Exit Price 4: `1.2080055600000001
Long
by Tracking_Technicals
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 9, 2024Technical Analysis and Outlook: Bitcoin has experienced a significant increase during this week's trading session, surpassing the predicted Inner Coin Rally of 44200. As a result, it has achieved our Outer Coin Rally projection of 47500. The next target for Bitcoin is to reach the Key Resistance level of 48700, followed by the Inner Coin Rally of 49500. The ultimate goal is to achieve the Outer Coin Rally of 53000. However, if there is a decline in the coin value, it may retest a Mean Support level of 46000 before continuing its upward trend.
BITSTAMP:BTCUSD
by TradeSelecter
BITCOIN forming the first 4H Golden Cross in 5 months!Bitcoin (BTCUSD) is about to form a Golden Cross on the 4H time-frame, which will be the first such formation in almost 5 months (since September 18 2023)! Regardless of the time that has passed since its last occurrence (which is a strong parameter), that pattern alone is a strong enough bullish signal for the short-term. This can be the signal that can trigger a strong rally back to January's High but within the technical context of the dominant medium-term pattern that is none other than an Inverse Head and Shoulders (IH&S). That is a technical bullish reversal pattern that is formed on market bottoms. It could be no coincidence that the last 4H Golden Cross (chart on the right) was formed while BTC was completing an Inverse Head and Shoulders. The standard target of such patterns is the 2.0 Fibonacci extension level. As you see on October 20 2023 that was exactly where the price consolidated and it happened to be a Resistance level from a former High. The 2.0 Fib on the current IH&S happens to be only marginally above the 49000 Resistance and that is our Target for the short-term. Do you agree that the emergence of a 4H Golden Cross and the Inverse Head and Shoulders can take the price back to January's High? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
44
Big speculators positioned themselves before the rip, what now?Overnight, Bitcoin leaped higher, breaking above $44,500. As this move was preceded by an aggressive rise in the number of Bitcoin addresses with balances exceeding 1,000 BTC, we consider it important to watch out for what will happen to this number in the upcoming days; a drop in the figure could suggest large speculators are utilizing an uptick in the price to sell holdings accumulated during the recent dip, raising slight concerns and dampening the chances of Bitcoin continuing to new highs. On the technical side, the RSI’s bearish structure became distorted, and the MACD fully entered a bullish zone above the midpoint (on the daily time frame). Both of these developments are bullish in the short term. Consequently, it seems appropriate to keep targeting $48,000 for as long as Bitcoin stays above $43,900. Illustration 1.01 The chart above shows a distortion of the RSI’s bearish structure on the daily chart. Illustration 1.02 Illustration 1.02 portrays the daily graph of Bitcoin’s MACD. The yellow arrow indicates a breakout into a bullish area. Technical analysis gauge Daily time frame = Slightly bullish Weekly time frame = Slightly bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDLong
by Tradersweekly
4
AVAX/USDT - Avalanche: Trend Reversal◳◱ On the $AVAX/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 37.55 | 40.22 | 45.52 and support near 32.25 | 29.62 | 24.32. Entering trades at 35.29 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Avalanche ▣ Rank: 10 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Avalanche is an open-source platform for launching decentralized finance applications and enterprise blockchain deployments in one interoperable, scalable ecosystem. Developers who build on Avalanche can create applications and custom blockchain networks with complex rulesets or build on existing private or public subnets. ◰◲ Technical Metrics : ▣ Mrkt Price: 35.29 ₮ ▣ 24HVol: 97,441,798.042 ₮ ▣ 24H Chng: 2.796% ▣ 7-Days Chng: 4.15% ▣ 1-Month Chng: 1.68% ▣ 3-Months Chng: 139.28% ◲◰ Pivot Points - Levels : ◥ Resistance: 37.55 | 40.22 | 45.52 ◢ Support: 32.25 | 29.62 | 24.32 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 0.92 ▣ Last 90D: 3.90 ▣ Last 1-Y: 1.04 ▣ Last 3-Y: 0.78 ◲◰ Volatility : ▣ Last 30D: 0.89 ▣ Last 90D: 1.17 ▣ Last 1-Y: 0.82 ▣ Last 3-Y: 1.29 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.58 - Bullish ▣ Reddit sentiment score is 0.27 - V. Bearish ▣ In-depth AVAXUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
SOL/BTC - Solana: BBand Breakout◳◱ On the $SOL/ CRYPTOCAP:BTC chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.0023843 | 0.0025267 | 0.0027507 and support near 0.0021603 | 0.0020787 | 0.0018547. Entering trades at 0.0022642 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Solana ▣ Rank: 5 ▣ Exchanges: Binance, Huobipro, Mexc, Kraken, Hitbtc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Solana is a public base-layer blockchain protocol that optimizes for scalability. Its goal is to provide a platform that enables developers to create decentralized applications (dApps) without needing to design around performance bottlenecks. Solana features a new timestamp system called Proof-of-History (PoH) that enables automatically ordered transactions. It also uses a Proof of Stake (PoS) consensus algorithm to help secure the network. Additional design goals include sub-second settlement times, low transaction costs, and support for all LLVM compatible smart contract languages. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0022642 ₿ ▣ 24HVol: 566.038 ₿ ▣ 24H Chng: 2.092% ▣ 7-Days Chng: 3.31% ▣ 1-Month Chng: 1.71% ▣ 3-Months Chng: 78.15% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.0023843 | 0.0025267 | 0.0027507 ◢ Support: 0.0021603 | 0.0020787 | 0.0018547 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 1.58 ▣ Last 90D: 3.32 ▣ Last 1-Y: 2.00 ▣ Last 3-Y: 1.35 ◲◰ Volatility : ▣ Last 30D: 0.77 ▣ Last 90D: 1.16 ▣ Last 1-Y: 0.89 ▣ Last 3-Y: 1.25 ◳◰ Market Sentiment Index : ▣ News sentiment score is 0.66 - Bullish ▣ Twitter sentiment score is 0.57 - Bullish ▣ Reddit sentiment score is 0.36 - Bearish ▣ In-depth SOLBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
NKN/BTC - NKN: BBand Breakout Super-Trend◳◱ On the $NKN/ CRYPTOCAP:BTC chart, the Bband Breakout Super-Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00000252 | 0.0000026 | 0.00000274 and support near 0.00000238 | 0.00000232 | 0.00000218. Entering trades at 0.00000246 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: NKN ▣ Rank: 401 ▣ Exchanges: Binance, Kucoin, Huobipro, Hitbtc ▣ Category/Sector: Infrastructure - IoT ▣ Overview: NKN is a public blockchain that aims to use economic incentives to motivate Internet users to share network connections and utilize unused bandwidth. NKN aims to be a network for building decentralized applications in a way that enhances peer-to-peer data transmission and connectivity. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000246 ₿ ▣ 24HVol: 0.498 ₿ ▣ 24H Chng: -0.405% ▣ 7-Days Chng: 3.22% ▣ 1-Month Chng: 5.35% ▣ 3-Months Chng: 6.88% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000252 | 0.0000026 | 0.00000274 ◢ Support: 0.00000238 | 0.00000232 | 0.00000218 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: -0.59 ▣ Last 90D: 0.65 ▣ Last 1-Y: 0.31 ▣ Last 3-Y: 0.88 ◲◰ Volatility : ▣ Last 30D: 0.64 ▣ Last 90D: 0.75 ▣ Last 1-Y: 0.80 ▣ Last 3-Y: 1.66 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.55 - Bullish ▣ Reddit sentiment score is 0.42 - Bearish ▣ In-depth NKNBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
ADA/BTC - Cardano: Super Trend◳◱ On the $ADA/ CRYPTOCAP:BTC chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00001211 | 0.00001262 | 0.00001344 and support near 0.00001129 | 0.00001098 | 0.00001016. Entering trades at 0.00001179 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Cardano ▣ Rank: 9 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Kraken ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Cardano is an open-source, smart-contract platform that aims to provide multiple features through layered design. Its modularization will eventually allow for network delegation, sidechains, and light client data structures. Cardano uses a version of Proof-of-Stake (PoS) called Ouroboros to secure the network and manage the block production process. The network features a native token called ADA that gives stakers a claim on new issuance in proportion to their holdings and allows users to pay for transactions. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00001179 ₿ ▣ 24HVol: 136.168 ₿ ▣ 24H Chng: 5.93% ▣ 7-Days Chng: 3.87% ▣ 1-Month Chng: 2.89% ▣ 3-Months Chng: 36.53% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001211 | 0.00001262 | 0.00001344 ◢ Support: 0.00001129 | 0.00001098 | 0.00001016 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.00 ▣ Last 90D: 1.75 ▣ Last 1-Y: 0.60 ▣ Last 3-Y: 0.36 ◲◰ Volatility : ▣ Last 30D: 0.74 ▣ Last 90D: 0.88 ▣ Last 1-Y: 0.69 ▣ Last 3-Y: 0.96 ◳◰ Market Sentiment Index : ▣ News sentiment score is 0.96 - V. Bullish ▣ Twitter sentiment score is 0.55 - Bullish ▣ Reddit sentiment score is 0.73 - Bullish ▣ In-depth ADABTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Do Not Miss This Token (SPA) an Easy 20XThe volume here says it all where it bottomed out and buying support came rushing in We stayed bottoming on this support lined almost 2 years. We recently bounce off the support and crossed and closed above the 50-period moving average. MACD Is above the Signal Live Our Algorithm Gave the Signal Below This Morning (02/07/2024) As always do your own research! 🔎 *Symbol*: `SPA/USDT` 📈 *Signal*: `Long` 💲 *Current Price*: `0.010087` 🛑 *Stop-Loss*: `0.0033446400000000007` 💰 *Market Cap*: `17192780.53204348` 🚪 *Entry Prices*: 📥 Entry Price 1: `0.007715359999999999` 📥 Entry Price 2: `0.00906732` 📥 Entry Price 3: `0.010159999999999999` 📥 Entry Price 4: `0.01125268` 🏁 *Exit Prices*: 📤 Exit Price 1: `0.018327319999999998` 📤 Exit Price 2: `0.02051268` 📤 Exit Price 3: `0.02405` 📤 Exit Price 4: `0.02758732`
Long
by Tracking_Technicals
BITCOIN rare signal. Is it staging a mega bullish break-out?Bitcoin (BTCUSD) is about to flash one of the strongest cyclical bull signals it can give as the 1M (monthly) RSI is attempting to break and close above the 62.50 level. What's so important about it? Every time that level broke with the price deep into the Bull Cycle, BTC started its most aggressive phase, the Parabolic Rally that ended on the Cycle's new (All Time) High. Last time that happened was in October 2020 and the Cycle before in June 2016. Common characteristic on both occasions is that the price was above the 0.618 Fibonacci retracement level of the previous High. On this Cycle, Bitcoin has already broken (and closed) above it since December 2023. As a result, once this pre-Halving consolidation is over, we can expect the new Parabolic Rally to start. In addition to the 1M RSI, the Vortex Indicator (VI) has diverged to its fullest last month after a Bullish Cross. Going back again to the previous two Cycles, symmetrically we are still at a level where BTC has established a Low/ Support and can only rise from here (exception of course the March 2020 COVID flash crash which set the market back for a few months. Also if it wasn't for the early 2019 Libra euphoria, the VI would have made the Bullish Cross at a later stage). As a result, comparing it with 2016 is more accurate. But what do you think? Is this potential RSI break-out, the strongest bullish signal we can get right now? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
35
ETHEREUM Is it about to start an insane parabolic rally?Ethereum (ETHUSD) has been consolidating since its High at the start of the year but on the longer term, the uptrend since the October 2023 Low is intact. The current analysis is basically an extension of our previous on November 23 2023 (see chart below): As you can see the 1W MA50/ MA100 Bullish Cross (blue and green trend-lines respectively), has been formed for the first time since the August 17 2020 1W candle. That was the reason we previously drew comparisons with the August - September 2020 consolidation within the 0.618 - 0.5 Fibonacci range. The 1W RSI is on a structured decline similar to that 2020 consolidation and that naturally can lead someone to believe that once it's over and a full 1W candle is closed above the 0.618 Fib, the Parabolic Rally of the Bull Cycle will start. So far even the symmetry from the Cycle Top to the current point in time is also identical to 2020 (around 970 days). Do you think ETH will start an insane rally soon? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:ETHUSD
by TradingShot
2
Bitcoin might be mulling a big move to either sideBitcoin has been moving along the channel’s lower bound for over a week, with its trend turning increasingly neutral, as reflected in the declining ADX on the daily graph; in addition to that, the RSI has failed to distort the bearish structure and MACD has begun breaking above the midpoint. At the same time, the number of Bitcoin addresses exceeding 1,000 BTC has continued to rise, while the opposite has been going on among the addresses exceeding 100 BTC. In conclusion, the picture is mixed, bringing us to the setup we introduced in the previous article, with a bullish stance above the channel’s lower bound and a bearish outlook below it. Illustration 1.01 Illustration 1.01 shows the daily chart of Bitcoin’s RSI. If it breaks above the resistance, it will distort a bearish structure. As a result, it will bolster a bullish case in the short term. Illustration 1.02 The picture above shows the daily graph of Bitcoin’s MACD attempting to break above the midpoint. If successful, the breakout will be positive for the asset in the short term. Illustration 1.03 The image above displays an alternative upward-sloping channel. Technical analysis gauge Daily time frame = Neutral Weekly time frame = Slightly bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDLong
by Tradersweekly
6