Link Elliott Wave updateIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Previous count kept me from going all in...
That's an Elliotwave W, imo.
Looking for a potential W4 here.
Near the 1st AOI.
Other areas labeled on chart.
Nice easy count atm,
don't have to spend hours trying to be
an Elliott wave hero.
Cryptocurrencies
BNT/USDT Speculative Trading IdeaBelow is a speculative trading idea for the BNT/USDT pair.
As of writing, the asset's value has decreased by more than 50% after a strong growth of 240%. The asset meets our expected indicators and reaches a high of $1.9546 .
We decide to acquire the asset at the current price of $0.8426. The 50-day moving average serves as support. A decrease in seller activity is also noted, and the price is being held by buyers according to the cumulative delta. The volume profile also reflects market participants' interest in this asset at this price level.
The first target of our trade is to reach the mirror level at $1.0500, with a profit percentage of over 20%. Upon reaching this level, we plan to close the majority of our position, which will be 80%.
The second target, intended for the remaining 20% of the position, is to reach a price of $1.2163 in the event of a breakout of the mirror level. The expected profit at this stage will be over 40%.
FXSUSD Emerging 1D Golden Cross.Frax Share (FXSUSD) is about to form a 1D Golden Cross, the 2nd such pattern within the 11-month Triangle. The first rose to a 2.0 Fibonacci extension High on February 09. A 2.0 Fibonacci rise on the current sequence from its last High would take the cryptocurrency to 10.000, on a potential contact with the 1D MA100 (green trend-line), the first since April 18.
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A few trends to watch out for After hitting nearly $38,000 last Thursday, a questionable relationship between the rising price of Bitcoin and decreasing volume continues to develop. In addition to that, the data obtained from LookIntoBitcoin reveals the number of Bitcoin addresses with balances exceeding 100 BTC dropped from 16,029 to 15,966 between 8th November and 13th November 2023, marking the most significant drop since the start of the rally; besides that, the number of these Bitcoin addresses is far lower from its 2023 high of 16,191 (5th January 2023). A similar trend can also be observed among the number of Bitcoin addresses with balances exceeding 1,000 BTC, which dropped from 2,025 on 3rd November 2023 to 2,011 on 13th November 2023 (this decline is less significant than the one in the previous group, though it still should not be overlooked); plus, the number is also down from the 2023 high of 2,054 (25th January 2023).
Now, in regard to technicals on the daily chart, RSI has continued to trend within the overbought territory for the past few days. As such, we continue to wait for a breakout below 70 points, which we expect to be accompanied by a pullback in the price (probably somewhere between $34,000 and $35,000). Furthermore, Stochastic and MACD began to flatten, reflecting decreasing bullish momentum. Overall, our stance remains unchanged since the previous update. We will update thoughts on the asset with the emergence of new developments.
Illustration 1.01
Illustration 1.01 shows the daily chart of BTCUSD and illustrates a questionable relationship between the price and volume.
Illustration 1.02
Illustration 1.02 portrays the 4-hour graph of BTCUSD, with the price trading within the upward-sloping channel; a breakout below or above the channel is something to pay attention to in the short term.
Technical analysis gauge
Daily time frame = Bullish (with the trend losing momentum)
Weekly time frame = 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 be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
FET/BTC - Fetch.ai: Trend Reversal◳◱ On the $FET/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00001279 | 0.00001401 | 0.00001698 and support near 0.00000982 | 0.00000807 | 0.0000051. Entering trades at 0.00001093 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Fetch.ai
▣ Rank: 138
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Infrastructure - Artificial Intelligence
▣ Overview: Fetch.ai is building a decentralized machine learning platform based on a distributed ledger, that enables anyone to share or exchange data.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001093 ₿
▣ 24HVol: 22.205 ₿
▣ 24H Chng: -3.445%
▣ 7-Days Chng: 2.98%
▣ 1-Month Chng: 88.99%
▣ 3-Months Chng: 98.37%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001279 | 0.00001401 | 0.00001698
◢ Support: 0.00000982 | 0.00000807 | 0.0000051
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: SELL
◰◲ Technical Indicators Summary : NEUTRAL
◲◰ Sharpe Ratios :
▣ Last 30D: 7.94
▣ Last 90D: 3.28
▣ Last 1-Y: 2.08
▣ Last 3-Y: 1.24
◲◰ Volatility :
▣ Last 30D: 1.03
▣ Last 90D: 0.84
▣ Last 1-Y: 1.26
▣ Last 3-Y: 1.44
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.71 - Bullish
▣ In-depth FETBTC 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 -
NTRN/BTC - Neutron Coin: Failure Swing◳◱ On the $NTRN/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.00001166 | 0.00001309 | 0.00001641 and support near 0.00000834 | 0.00000645 | 0.00000313. Entering trades at 0.00001278 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Neutron Coin
▣ Rank: None
▣ Exchanges: Binance
▣ Category/Sector: N/A
▣ Overview: Neutron Coin project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001278 ₿
▣ 24HVol: 42.593 ₿
▣ 24H Chng: 35.957%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001166 | 0.00001309 | 0.00001641
◢ Support: 0.00000834 | 0.00000645 | 0.00000313
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth NTRNBTC 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 -
BNX/USDT - BinaryX: Super Trend◳◱ On the $BNX/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.3072 | 0.3342 | 0.3926 and support near 0.2488 | 0.2174 | 0.159. Entering trades at 0.3028 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: BinaryX
▣ Rank: N/A
▣ Exchanges: Binance, Bybit, Gateio, Mexc, Hitbtc
▣ Category/Sector: N/A
▣ Overview: BinaryX project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.3028 ₮
▣ 24HVol: 7,500,280.010 ₮
▣ 24H Chng: 7.376%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.3072 | 0.3342 | 0.3926
◢ Support: 0.2488 | 0.2174 | 0.159
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth BNXUSDT 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 -
BITCOIN This'll be the last pullback before the parabolic rally** ETF anticipation **
Bitcoin (BTCUSD) is rising against the majority's sentiment, which is something it does more often than not, fueled of course on a large degree by the heavy speculation over the SEC's Bitcoin ETF decision. Fundamentally, an approval can certainly cause another leg upwards based on euphoria, before the effect recedes as we move towards Halving 4 in April 2024.
** The RSI's Fibonacci Channel motion **
Based on certain technical data on the 3W time-frame, we can technically see only a minor uptick and then a multi-week pull-back before the bullish trend is resumed. This is based on the 3W RSI, which is trading inside a Fibonacci Channel Down since its inception, testament that despite BTC's enormous long-term growth, each Cycle shows diminishing returns (as adoption gets higher).
The RSI is almost on the 0.5 Fibonacci retracement level, which in the past has delivered a pull-back to at least the 0.382 Fib (exception September 2019 when it dropped lower as it corrected the huge Libra hype). The 0.5 Fib rejection is shown by the red arrows. When a rebound took place on the 0.382 Fib (green arrows) Bitcoin started a rally that never looked back. The whole price action is displayed by the blue circles. On top of that, see how beautifully the overall motion is depicted by the Sine Waves.
** Last correction before the rally **
Of course much depend on the upcoming ETF decision, but even in the event of a considerable new price surge, BTC should technically give one last pull-back at least to the 0.382 3W RSI Fib, that will most likely be the last opportunity to buy before the Bull Cycle's parabolic rally starts.
Do you agree with this RSI Fibonacci projection? Feel free to let us know in the comments section below!
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KLAYUSD is about to rise aggressively.Klaytn (KLAYUSD) broke today above its 1D MA200 (orange trend-line) for the first time in 6 months (since May 08). This is a major bullish break-out for the medium-term as the price is on the rise after making a Lower Low at the bottom of the 1 year Channel Down. That was the last Resistance to break in a series of bullish break-outs, first the 1D MA50 (blue trend-line), then the Inner Lower Highs, followed by the 1D MA100 (green trend-line).
The price is about to form a 1D MA50/ MA100 Bullish Cross, and last time we saw this pattern (February 08), the price immediately responded with the 2nd part of the bullish leg's rally. We are targeting 0.26500, which would represent a +154.23% rally from the bottom, similar to the peak of February 20.
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AVAXUSD Targets achieved. What's next?Avalanche (AVAXUSD) hit today our final (2nd) target of 15.5000 as we proposed on the bullish break-out signal we gave (see chart below) on October 04:
The question is, does this rally still have fuel in it or it will correct now? A reliable indicator in this case is the 1D MACD which, while the crypto has been inside the Channel Down pattern, it peaked both times just below 2.0000. This peak was confirmed only after a Bearish Cross. As a result, this rally still has room to go higher and the strongest Target (1) is the top of the top of the (dashed) final Channel Down that remains valid at 21.500. A break above Resistance 1 (22.9000) could also deliver a test of the 1W MA100 (yellow trend-line) at 26.000, but it is very doubtful to see a greater extension without a meaningful pull-back first.
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HOOK/BTC - Hooked Protocol: Trend Reversal◳◱ On the $HOOK/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00003021 | 0.00003219 | 0.00003746 and support near 0.00002494 | 0.00002165 | 0.00001638. Entering trades at 0.00002791 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Hooked Protocol
▣ Rank: 289
▣ Exchanges: Binance
▣ Category/Sector: N/A
▣ Overview: Hooked Protocol project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00002791 ₿
▣ 24HVol: 3.051 ₿
▣ 24H Chng: 7.181%
▣ 7-Days Chng: 0.68%
▣ 1-Month Chng: 24.28%
▣ 3-Months Chng: 2.94%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00003021 | 0.00003219 | 0.00003746
◢ Support: 0.00002494 | 0.00002165 | 0.00001638
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 4.83
▣ Last 90D: 0.57
▣ Last 1-Y: -0.93
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: 0.62
▣ Last 90D: 0.82
▣ Last 1-Y: 1.04
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.61 - Bullish
▣ In-depth HOOKBTC 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 -
SOL setting? Elliott Wave countsIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Some Elliott Wave counts I mulling over.
Breaking some pivots will assist in find a clear count.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 10, 2023Technical Analysis and Outlook:
The latest update on Cryptocurrency indicates that it has completed the Inner Coin Rally 37800 and is currently in the correction phase. The correction is expected to take it down to the intermediate target of Mean Sup 35600, but there is also a possibility of the correction extending further to Mean Sup 33900. On the upside, there are two crucial levels that investors/traders should keep a close eye on. These are the Outer Coin Rally 39200 and the Outer Coin Rally 41200. These levels are significant as they can influence the future trend of Cryptocurrency.
The Black Swan Method- Making TA as a trader is like reading a magical ball but some major unpredictable events are out of control.
- i usually accurate most of the time but i should be a fool to think i am always right, it's impossible to make TA in that markets conditions.
- So this post is not to make some kind of predictions but to warn peoples on what's going on right now.
- i will try to explain very basically the situation (with my bad english skills, so forgive me if i make some mistakes) :
1/ the first attack was based on Luna and UST, some entities started to short UST/Luna with some billions $, FTX and SBF surely did it. Luna tried to save the situation with their BTC reserve but it was effortless. they lost all. (Luna have never been hacked, important to specify this )
2/ the fail of UST was the first step to create a snowball effect.
3/ 3AC, Celsius, Voyager, and much more were all involved in Luna/UST and Anchor Protocol witch was giving 18% returns on UST. They used customers funds in UST and staked, when the situation started to turn really bad for Luna, they tried to save the situation trading customers funds and they failed. (any of those companies have been hacked, important to specify this )
4/ FTX used customers funds and started to short their own products, FTT, SOL, SRM, etc , Binance saw the move and twitted that they will drop all their FTT.
FTX locked their customers wallets. FTX used 8B$ Customers funds to short markets. they are still right now trying to short USDT on Binance. (FTX have never been hacked, important to specify this).
5/ The snow ball started to be transformed in an avalanche. The damage here is huge. An exchange implosion of this magnitude is a gift to bitcoin haters all over the world.
6/ Sam bankman-fried was a Trojan horse in the crypto space, surely backed by banks and govs, a kind of worm witch have to be eradicated.
7/ Soon bankers will tell you, " u saw what happened with your exchanges ??!!, better use CDBC and stick with Banks!! ", this is their ultimate goal.
- i pray for everyone who got caught up in this mess and lost money with those bad actors.
- i hope you take care of yourself and continue to be a part of this journey.
- i hope it doesn't turn you off of crypto witch are here to stay in the future.
- BTC is resilient. No matter the magnitude of the earthquake.
- Buy BTC
- Store in Ledger, Trezor or Paper Wallet.
- Hodl and come back later.
Have faith in what you believe and fight. Thanks for reading!
PS : Not sure this post will get me banned or censored, but at this point the freedom of speech is an human right.
ETH/USD Secondary trend (part). Reversal zones. Channel. 9 06Secondary direction (part). Terms 3 days. logarithmic graph. Reversal zones. Channel in 96% increments
The price squeeze zone for about 1 month in a narrow range of 14% under the resistance of the horizontal channel (+60% of the trend reversal) in the local ascending channel after a false breakdown of resistance on April 18. Decoupling in the near future (relevant for traders working medium-term and locally).
The chart shows price reversal zones, the reaction of which determines the further medium-term development of the trend. Also, for clarity, percentages of key resistance/support levels from price reversal zones are shown.
Line chart. Time frame 3 days.
Scare and save, this is the essence of earning wolves and losing funds to illusoryly frightened and then rescued sheep.
Main trend. Time frame 1 month.
ETH/USD Main Trend Pamp/Dump Cycles. Accumulation/distribution.
A healthy balance of risk management is the basis for increasing a trader's cash deposit.
In trading, you can't always be right... It's unnecessary and impossible.
But when you're wrong, you shouldn't lose too much money...
When you are right, the gain should be much greater than the loss if you miscalculate.
Profit to loss must be at least 3 : 1.
LDOUSD Expecting a 1D MA50 pull-back.Lido Dao (LDOUSD) has finally broken above the hurdles of the Lower Highs trend-line that kept the trend bearish throughout the majority of 2023. Ahead of the first 1D Golden Cross pattern in more than 9 months, it is possible for buyers to take some profits around Resistance 1 (2.4850) and the 0.618 Fibonacci level (2.4125) and look to buy after the Golden Cross.
Especially with a 1D RSI vastly overbought near 80.00, we are expecting a pull-back towards the 1D MA50 (blue trend-line) and 0.382 Fib in order to buy and target the 0.786 Fibonacci retracement level at 2.8000, which is practically Resistance 2.
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Retail tricked in April, then in July, and now again?While Bitcoin hovers slightly below $35,000, the volume continues to decline, suggesting a decreasing interest among buyers near the current price tags. Consequently, we remain very vigilant and monitor the situation. On the daily chart, RSI is approaching 70 points; if it breaks below this level, it will bolster the odds for a trend reversal. In addition to that, MACD and Stochastic are rolling over, turning slightly bearish. As if that was not enough, ADX seems to have peaked, which could have signaled the top for Bitcoin. Yet, despite all of these developments, we continue to see extremely bullish sentiment, mainly among retail. Overall, the situation is reminiscent of April 2023 and July 2023, when Bitcoin was topping (and retail kept buying tokens from big players). Therefore, a big shakeup might be just behind a corner.
Illustration 1.01
Illustration 1.01 displays the daily chart of BTCUSD and simple support levels derived from peaks and troughs.
Illustration 1.02
The picture above shows the daily chart of BTCUSD and two simple moving averages acting as alternative support levels to watch out for.
Illustration 1.03
Illustration 1.03 portrays the questionable relationship between the price and volume.
Illustration 1.04
The image above shows the daily chart of RSI, which is approaching 70 points.
Technical analysis gauge
Daily time frame = Bullish (peaking and turning slightly bearish)
Weekly time frame = 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 be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITCOIN Is this the temporary Top before the Halving?Bitcoin (BTCUSD) has almost hit 37k today, and is getting closed to the 0.618 Fibonacci retracement level (39300), which is a key level for the Bull Cycle. We may be seeing a temporary Top for the market on what can be the start of a few months of sideways trading/ consolidation before the price starts rising again towards Halving 4 (April 2024).
The reasoning behind this assumption is that the Higher Lows trend-line that starts at the bottom of every Cycle, formed medium-term Tops (green circles) in the past two Cycles on February 15 2016 and February 10 2020, as it turned into a Higher Highs Resistance. The price has been at or marginally below the 0.618 Fibonacci level on those occasions. At the same time, the dashed Higher Lows trend-line always supported, with the exception of March 2020 and the COVID crash, which was a market extreme. Every Cycle has so far had its own extreme event below the dashed Higher Lows, whether that was the Bitfinex crash in August 2015 or more recently the FTX crash in November 2022.
Needless to mention that after a certain point, the 1W MA50 (blue trend-line) always becomes the Bull Cycle's long-term Support, and it appears that we are once more past this level as it successfully held from August until September. It is therefore very encouraging for long-term investors that both the 1W MA50 and the dashed trend-line have most likely turned into the Support levels that will lead to the point that the Parabolic Rally will take off but at the same time, we may be entering a phase where for a few weeks, BTC will trade sideways in a potential new accumulation phase.
So what do you think? Is Bitcoin about to price a temporary top or will it march past the 0.618 towards 45k-50k? Feel free to let us know in the comments section below!
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Prepare for a major ALTSEASON ahead!We believe the alt coin market is starting a major rally and the indicator is a simple 1M MA50 (blue trend-line) test on the BTC Market Cap Dominance (BTC.D). Every time the market has touched its 1M MA50, the alts market (orange trend-line) has started an aggressive rally, which is what we call 'Altseason'. Since September 2019, this is the 3rd time we will have such a major Altseason event and since we are before BTC's Halving, it will most likely not be the last of the current Cycle.
Have you picked up your alts already??
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ZRX/USDT - 0x: Super Trend◳◱ On the $ZRX/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.3069 | 0.3474 | 0.4176 and support near 0.2367 | 0.207 | 0.1368. Entering trades at 0.2871 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: 0x
▣ Rank: 160
▣ Exchanges: Binance, Bybit, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: 0x is a permissionless protocol to facilitate trading of Ethereum based tokens including ERC-20, ERC-721, and other Ethereum standards. 0x is not itself a decentralized exchange, but instead a system of smart contracts that connects liquidity providers and market makers in order to provide exchange functionality in a range of applications.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.2871 ₮
▣ 24HVol: 4,637,944.833 ₮
▣ 24H Chng: 7.007%
▣ 7-Days Chng: 5.08%
▣ 1-Month Chng: 47.07%
▣ 3-Months Chng: 35.78%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.3069 | 0.3474 | 0.4176
◢ Support: 0.2367 | 0.207 | 0.1368
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.98
▣ Last 90D: 1.77
▣ Last 1-Y: 0.44
▣ Last 3-Y: 0.46
◲◰ Volatility :
▣ Last 30D: 0.98
▣ Last 90D: 0.83
▣ Last 1-Y: 0.91
▣ Last 3-Y: 1.21
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.61 - Bullish
▣ Reddit sentiment score is 0.46 - Bearish
▣ In-depth ZRXUSDT 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.
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ARDR/USDT - Ardor: Trend Reversal◳◱ On the $ARDR/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.0966 | 0.1027 | 0.1165 and support near 0.0828 | 0.0751 | 0.0613. Entering trades at 0.092 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Ardor
▣ Rank: 303
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ardor offers a live multi-chain “blockchain as a service” platform based on a revolutionary parent/child chain architecture. This architecture, in combination with 250+ APIs and lightweight smart contracts coded in Java, allows businesses to launch custom blockchains (“child chains”). Each child chain on the Ardor platform can interface with off-chain databases while leveraging the Ardor parent chain’s decentralized network of nodes for energy-efficient proof of stake security.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.092 ₮
▣ 24HVol: 731,043.724 ₮
▣ 24H Chng: 4.903%
▣ 7-Days Chng: 3.49%
▣ 1-Month Chng: 36.47%
▣ 3-Months Chng: 14.53%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0966 | 0.1027 | 0.1165
◢ Support: 0.0828 | 0.0751 | 0.0613
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.40
▣ Last 90D: 1.70
▣ Last 1-Y: 0.38
▣ Last 3-Y: 0.44
◲◰ Volatility :
▣ Last 30D: 1.50
▣ Last 90D: 0.98
▣ Last 1-Y: 0.86
▣ Last 3-Y: 1.19
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.55 - Bullish
▣ In-depth ARDRUSDT 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 -
KASUSD Pull-back soon, which will be a buy opportunity.Kaspa (KASUSD) has been on a 5-day bullish run as it first consolidated on the 1D MA50 (blue trend-line) and bottom (Higher Lows trend-line) of the 5-month Channel Up, solidifying it as the Support.
The 1D RSI is extremely overbought above 80.00 and soon that should transcend into a technical pull-back. The current rise resembles that of June, which extended to +105%, then pulled-back near the 0.5 Fibonacci retracement level and the 1D MA50 and started the final and most aggressive leg of +155% to the Channel's new Higher High.
As a result we will look to buy at the end of a potential 1 week pull-back and target 0.16000 (estimated +155%).
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SOL rising? Elliott wave patterns.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#Solona
With the GCP set up!
Here are some #Elliottwave thoughts.
Honestly, a bunch more it could be from here.
Would have to eliminate the impulse up here for some.