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Pepe/UsdtOKX:PEPEUSDT 🚨 ** CRYPTOCAP:PEPE - Neutral Zone Daily Update** ⏳ Is a **price explosion** 🚀 coming soon? Here's what you need to watch: 🔑 **Key Support**: - The important support level to watch is **0.0002280$**. If this holds, we could see bullish momentum starting up! 📈 ⚠️ **Caution with Fake Moves**: - There are **major resistances** ahead! Be careful of fake upward moves that might trap buyers. 🛑 - **Reduce your targets** for safety! ⚖️ --- 📉 **Main Resistances Above**: - **0.0002450$**: First resistance level ⬆️ - **0.0002510$**: Next resistance zone ⬆️ - **0.0002630$**: Strongest resistance level 🔥 --- **Important Tip**: - Keep an eye on the support at **0.0002280$**! If it holds, we could see a move upwards, but remember to be cautious around the resistance levels. 👀 ⚖️ **Be strategic and watch for confirmation!** 🧐 --- Disclaimer:It's not Financial Advice
Long
by Wolftrader1337
How Cryptocurrencies Are Becoming Everyday Asset?Hello, Traders! Bitcoin continues to trend upward! Do you know Satoshi Nakamoto's original idea for the leading crypto? It is a fact that Bitcoin was first referred to as “electronic cash,” highlighting its purpose as a means of everyday payment. When BTC first appeared in 2009, its creator, Satoshi Nakamoto, had a clear goal: to create a digital currency that anyone could use to make payments without relying on banks or governments. It was meant to be fast, borderless, and simple – a way to take control of your money. Over time, Bitcoin, and other cryptocurrencies have become powerful trading and investing assets. However, using crypto for daily spending is still more challenging than Satoshi had imagined. Let’s discuss how crypto is moving closer to everyday money and the remaining challenges 👇🏻 Cryptocurrencies Were Meant to Be… Yes, Bitcoin was originally designed to function as digital cash. Its peer-to-peer nature allowed users to send value globally with speed and relatively low fees. However, several practical limitations emerged as adoption grew, making it less ideal for everyday payments. ⚫ One of the primary challenges is BTC's transaction scalability. The limited block size and network throughput result in longer confirmation times and higher fees during periods of network congestion, which is impractical for minor or routine transactions. ⚫ Additionally, BTC's volatility in value introduces uncertainty in its usability as a stable payment method. For daily purchases, consumers, and merchants often prefer assets with stable value to avoid fluctuations that can occur even within minutes. ⚫ Another significant barrier is the lack of universal regulation around crypto. Bitcoin and other digital assets are not legally recognized as payment methods in many regions, limiting their usability in retail and everyday transactions. Merchants may hesitate to accept cryptocurrencies due to unclear tax policies, legal restrictions, or the absence of a consistent framework governing their use. Because of these limitations, stablecoins like USDT (Tether) and USDC (USD Coin) have gained popularity as payment tools in the cryptocurrency ecosystem. These assets offer the same advantages of blockchain-based transactions—speed, security, and borderless functionality—while addressing Bitcoin's volatility and high transaction costs. The transaction fees on networks such as Tron (for USDT) are generally much lower, making them more cost-effective for everyday payments. So, this has created a shift: while Bitcoin remains a store of value and investment asset, stablecoins have become the go-to choice for routine transactions, offering practicality without compromising the benefits of cryptocurrency. A Growing Trend For newcomers, paying online with cryptocurrencies can feel 🤏🏻 overwhelming. It requires a solid understanding of blockchain transactions, choosing the correct network, and accounting for native transaction fees. In contrast, transactions within exchanges are significantly simpler. When sending funds between accounts on the same platform, the process is typically automated, eliminating the need to calculate transaction fees manually. This ease of use has made exchanges a preferred environment for many crypto users, particularly those still learning the technical side of blockchain. A growing trend in the market recently has been exchange-issued crypto cards, which are designed to simplify payments and reduce fees. With these cards, users can seamlessly pay using cryptocurrency without technical expertise. Many crypto cards go beyond just simplifying payments—they also offer attractive perks, such as cashback in cryptocurrency. For instance, some cards reward users with digital assets for their spending. One of the options worth noting is the WhiteBIT Nova , designed to provide a streamlined experience for both newcomers and seasoned crypto users. Unlike many standard offerings, this card combines simplicity with tangible benefits: no opening or service fees, customizable cashback, and convenient integration – ideal for those already using an exchange account, it bridges the gap between trading and real-world purchases effortlessly. Conclusion Cryptocurrency is increasingly becoming part of our everyday lives. Whether it’s for trading, investing, or simple payments, the tools available today are making digital assets more accessible than ever. It’s up to you to decide how best to use them—what currencies to hold, what payment methods suit your lifestyle, and how to manage transfers effectively. As the crypto market continues to grow and evolve, its influence is reshaping how we think about money, payments, and even financial independence. Staying informed and adapting to these changes is essential to keeping up with the times in this fast-moving, innovative space.
WHITEBIT:BTCUSD
by WhiteBIT
TradeCityPro | ZROUSDT Analysis Is It DeFi’s Turn to Shine👋 Welcome to TradeCityPro Channel! Let’s dive into the analysis of ZRO, one of the popular DeFi coins. Recently, it has broken out of its consolidation range, signaling potential movement in the coming week. 🌍 Bitcoin Overview Before diving into ZRO, let’s take a quick look at Bitcoin. Last night, BTC finally broke its 103,504 resistance, reaching a new ATH of 106,488.25! Bitcoin dominance also ticked green, albeit mildly, allowing a few altcoins to move alongside. However, this Bitcoin leg-up is likely to maintain dominance growth. 📅 Weekly Timeframe Analysis ZRO is relatively new, with only 26 weekly candles in its history. It’s a coin that distributed a portion of its tokens via airdrops to active users within its blockchain ecosystem. Unlike other airdropped tokens, ZRO experienced less sell pressure and consolidated for about 20 weeks, providing excellent liquidity-building opportunities for us. Recently, it broke out of this box, indicating potential for further upward movement. The weekly candle that closed last night reflects strong buyer presence despite some selling pressure. It’s a good buying opportunity with stop-buy entries and stop losses at 5.108 (risky) or 3.016 (safe). 🌞 Daily Timeframe Analysis On the daily chart, ZRO recently broke the 5.033 resistance and formed a new resistance at 7.192, from which it faced a strong rejection. Unlike many other altcoins still stuck in corrective zones, ZRO has already returned to its recent highs. After breaking 7.192, you can consider buying on this timeframe with a large stop loss at 4.068 or wait for consolidation at the daily range’s bottom before entering for a mid-term hold. For added security, move your ZRO holdings to decentralized platforms and participate in the DeFi ecosystem to maximize benefits. It’s important to watch for confirmation of the 7.192 breakout. Although volume increased during bullish moves and decreased during corrections, a strong breakout needs to be accompanied by high volume. The breakout of 65.45 RSI could also act as a strong trigger for momentum entry. ⏰ 4-Hour Timeframe Analysis For futures positions, a strong resistance level has formed on the 4-hour chart. Breaking this resistance would provide clear triggers for the week ahead. 📈 Long Position Trigger breakout above 7.012. The recent rejection strengthened the importance of this level. After breaking this resistance with increased volume, opening a long position becomes a viable option. 📉 Short Position Trigger At this point, I’m not considering short positions. However, if the ascending trendline breaks, I’ll reconsider. For now, I’ll continue searching for lower-level long triggers in case buyers temporarily lose strength. 💡 BTC Pair Insight Against BTC, ZRO has shown strength recently, moving toward its range high. A breakout above 0.00007239 would set the stage for significant upward movement relative to BTC. This could lead to even greater performance in its USDT chart. 🎯 Summary ZRO’s breakout from its consolidation range, coupled with strong buyer activity, suggests an exciting opportunity for both spot and futures traders. Keep an eye on critical resistance levels and volume confirmations to secure the best entries. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
107
ALGOUSD Bull Flag giving a new opportunity to buy.Algorand (ALGOUSD) posted last week its first red 1W candle after an impressive rally of 5 straight green weeks since the U.S. elections. This rally technically stopped on the 1W MA200 (orange trend-line), as although it crossed it, it failed to close the 1W candle above it, which resulted in last week's rejection and red candle. The 1W RSI turned from extremely overbought (+85.00) to about turn just bullish below the 70.00 barrier. The last time we saw a similar price/ 1W RSI behavior was during the November 2020 - February 2021 rally. As you can see, both started on Bull Flag formations that initiated those impressive rallies that were supported by the 1W MA50 (blue trend-line). When the February 08 2021 1W RSI hit 85.00 and got rejected, the price started a new Bull Flag pattern that by June 21 2021 hit the 1W MA50 and after forming a multi-week Support base, it rebounded again aggressively. The whole sequence from the November 2020 rally to the November 2021 Top was a +1200 rise. We expect a similar development and as the dominant historic pattern of Algo seems to be a Channel Down, the next rally can complete a +1200% rally just below the pattern's top (Lower Highs trend-line) at $1.200. ------------------------------------------------------------------------------- ** 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:ALGOUSD
by TradingShot
1
VELAS is a true sleeping monster ATM (TA + TRADE PLAN)Trend Analysis Current Price: The price is hovering around 0.0117 USDT, which shows a small upward movement (+1.31%) in the current time frame (4-hour chart). Trendline: The chart shows a downward channel (red arrow) where the price has been moving lower. However, the price is now approaching a key support level and showing signs of potential reversal. Resistance Levels: The resistance level is marked by a horizontal red line, indicating significant selling pressure at around 0.0160 USDT. The price must break this resistance to signal a potential upward trend. Support Levels: A key support zone is located between 0.0100 USDT and 0.0132 USDT (marked with green), indicating that the price has been consolidating and could bounce back from this level. Indicators VMC Cipher B-Divergences: The indicator is showing divergences, suggesting potential reversal points, especially as the market is showing bullish divergence at lower price points. RSI (Relative Strength Index): The RSI is at 38.94, which indicates that the asset is in neutral or slightly oversold territory, suggesting that it could be poised for a bounce upwards if buying pressure increases. Art Money Flow Index: This indicator is currently low (around 23.60), suggesting that the money flow is weak. However, it is not in extreme oversold territory, which gives room for potential growth if momentum picks up. Stochastic Oscillator: The stochastic indicator is in oversold territory (around 35.39), signaling that a bullish reversal is possible if the trend picks up. Volume Analysis Volume: Current volume is 3.39K, which is relatively low but has been increasing recently. Higher volume during upward price movement would confirm the continuation of a bullish trend. Key Patterns & Signals Bullish Reversal Setup: The chart shows a potential bullish setup with increasing buying pressure near support. The presence of bullish divergences in the VMC Cipher and the RSI is an early indicator that the market could reverse to the upside. Breakout: The chart suggests that once the price breaks through the resistance level at 0.0160 USDT, it could accelerate towards the 0.0200 USDT level. Professional Trading Plan 1. Entry Points: Primary Entry: Wait for a clear breakout above the resistance zone (0.0160 USDT). A confirmation of this breakout on higher volume would present a strong entry signal. Secondary Entry: Enter near the support level around 0.0100–0.0130 USDT, particularly if there is a reversal candle pattern or other confirmation of bullish momentum. 2. Target Price Levels: Short-Term Target: 0.0180–0.0200 USDT as the next resistance zone after a successful breakout from the current resistance. Long-Term Target: 0.0280 USDT, assuming further strong upward momentum. 3. Stop-Loss Levels: Primary Stop-Loss: Set a stop-loss at 0.0100 USDT (below the support zone) to limit downside risk in case of a breakdown. Tight Stop-Loss: For more conservative traders, place the stop-loss just below the immediate support zone near 0.0120 USDT. 4. Risk Management: Allocate a small portion of the portfolio per trade, and use appropriate position sizing based on risk tolerance. For example, 1–3% of the total portfolio per trade. Monitor volume spikes and price action for any signs of reversal or trend exhaustion. 5. Trade Monitoring: Regularly check the key technical indicators (RSI, Stochastic, Art Money Flow) for shifts in momentum. Be aware of any external news or market events that could impact Velas’ price action. The market for Velas (VLX) shows potential for a reversal upward, especially as it tests key support levels and the RSI enters neutral territory. The breakout above resistance would be the key confirmation for further bullish movement, and traders should be prepared for a possible rally towards 0.0200 USDT. Keep an eye on the trading volume and price action for confirmation.
Long
by elfabiiani
100:1 GLM/USD LongThis is a long forgotten crypto I used to hold a lot of. GLM (formerly GNT) is a project building a distributed network for computing power. I have no idea what’s going on with the fundamentals but the chart, is very interesting. This is an 8 year long, very bullish, set up in my opinion. The risk to reward here is insane. I’m probably going to throw some cash at it very soon.(I bought at .422) The way I’m going to trade this is to buy here at .40 (I posted this on social media last night) Set a stop loss under .24 (risking ~40%) The target for a bull break of this pattern is over $20 So potentially ~5,000% gain. It also has a small market cap so it can move violently in either direction. If one was to throw in 1,000$ you might lose $500 You could also make like $50k I'll take my initial investment off the table at $4.00 Or I'll get stopped out at .24 It could happen next year, it could happen in January. The pattern is going to break eventually. This is a crazy, random, find and has massive potential IMO.
BINANCE:GLMUSDLong
by Nbhaines
TradeCityPro | HNTUSDT Don’t Miss the New Move!👋 Welcome to TradeCityPro Channel! Let’s get ready for the upcoming week! We’ll either see a strong movement or some consolidation, so let’s prepare our triggers in advance and analyze all scenarios before the market moves. 🌍 Bitcoin Overview As always, let’s start by checking Bitcoin to complement our altcoin analysis. Today, BTC broke its 102,135 trigger but faces a significant resistance at 103,504. With increased volume, a breakout above this level could finally help BTC clear the critical $100K barrier. For the upcoming week, if Bitcoin’s dominance rises and BTC follows suit, prioritize Bitcoin trades or coins that perform well against BTC. If BTC dominance drops, focus on altcoins. However, the first bullish move will likely coincide with rising BTC dominance. ⏰ Weekly Time Frame Helium (HNT) shows relatively strong performance compared to other altcoins and is a good candidate to add to your portfolio this week! HNT started its upward movement before the current bull run, maintaining a positive trend since 2023. This year, it recorded a higher low compared to 2023 and is now approaching its main resistance, attempting to break through. The coin follows a parabolic trajectory, which is inherently bullish. Each time it hits the lower boundary of this parabola, it rebounds strongly, and this trend could continue. This week’s candle closing above the SMA7 signals buyer strength despite seller presence. Buyers have emerged victorious with significant volume. After this candle closes, you can consider a spot buy with a risky stop loss below the shadow or a safer stop loss at 5.437. If RSI enters the overbought zone, expect a sharp upward move. 📅 Daily Time Frame On the daily chart, HNT has outperformed other altcoins during its recovery and is currently testing a daily resistance level. A breakout here could trigger a sharp upward move. Volume analysis shows reduced activity during the correction phase and increased volume during upward movements, confirming buyer strength in the market. After breaking the trendline and finding support at 5.524, the coin moved upward. A potential buy entry lies at the breakout of 9.244. Follow this closely for spot or futures long positions, especially if RSI enters the overbought zone, which would provide excellent confirmation. 🔍 4-Hour Timeframe Analysis HNT is currently facing a critical resistance at 9.393. Buyers have been active, attempting to break this level, which could lead to further bullish continuation after a successful breakout. Before discussing triggers, let’s briefly cover the Fake Breakout strategy. This occurs when a support or resistance is initially broken but quickly reversed in the next candle, potentially signaling a trend change. Identifying this on lower timeframes can guide you to a solid entry after the first breakout. 📈 Long Position Trigger breakout above 9.393 is a great trigger. Personally, I’ll be looking for a long entry above this level and will continue to hunt for long triggers as long as HNT stays above 8.004. 📉 Short Position Trigger I’m not considering any short positions for now. If the market enters a bearish phase, I’ll look for lower long triggers instead. 💡 BTC Pair Insight Against Bitcoin, HNT is in a ranging box with less volatility compared to BTC and hasn’t experienced severe drops like other altcoins. Its absence from Binance and limited volume data make it less prominent, but these factors have helped it avoid extreme sell-offs. HNT has risen from a higher low within its range. With Bitcoin dominance closing green on the weekly chart, HNT’s weekly candle also closing green is a positive sign. After breaking the box’s upper boundary, I’ll consider holding it longer.
Long
by tradecitypro
72
TradeCityPro | WLD : A Recovery Fueled by Positive Divergence👋 Welcome to TradeCityPro! In this analysis, I will evaluate the WLD token. This token belongs to the Worldcoin project, founded by Sam Altman. The project's goal is to establish a digital identity for everyone, known as World ID. 📅 Daily Timeframe: An Uptrend Following a Decline On the daily timeframe, after reaching the resistance zone at 11.868, bearish momentum diminished entirely. A bearish trend began after breaking the 6.23 level, pushing the price down to 1.349. 📊 Upon reaching the 1.349 support, a significant increase in buying volume entered the market. Coupled with a positive divergence at the end of the bearish trend, the price ended its decline and initiated a new bullish trend. ✨ In the new bullish structure, an upward trendline formed. At one point, the price made a fake breakout of this trendline. Following this, the market gained more bullish momentum, and after breaking the 2.496 resistance, additional buying volume pushed the price to 3.885. 🔽 Currently, after hitting 3.885, the market has entered a correction and consolidation phase, with the price even forming a shadow near 2.496. If the correction continues, the first supports are the upward trendline and the minor support at 2.496, which the price has already tested once. 📉 In the event of a deeper correction, the next support zone is 1.349, the most critical level on the chart. If this level is broken, 0.979 will act as the last price stronghold. If the RSI stabilizes below 50, the likelihood of a deeper correction increases. 🔼 If the 3.885 resistance is broken, the next resistance levels are 6.23 and 11.868. Given the high bullish volume, the probability of breaking 3.885 increases. 🔑 The 11.868 resistance, which is also the ATH, is the most important resistance at the moment. Breaking this level could lead to a new ATH for WLD. 📰 Given that the project's founder, Sam Altman, is highly reputable in the community, any promotion of the project by him could drive significantly more buying volume into the market. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
Long
by tradecitypro
43
BTC Miner "Valuation" ChartThis is not advice on who to invest in, or what, do your own due diligence in checking through the total overall hashrate, the future plans of these companies and how diversified they are in their business operations. IE do they outsource some compute for data centers etc. Hint: Data center usage will be gigantic since it's already built and ready to plug and play so to say. This is just a super simple analysis of the YTD of some miners I think are pretty decent. This is an incredibly risky "sector" but the larger guys with tons of built or in process of being built Megawatts available are not only positioned to benefit from the rise of bitcoin, and the potential for larger companies to scoop them up for their own ai / data center needs. Just my two cents. As always feel free to reach out for questions or leave a question in the comments. GL
COINBASE:BTCUSD
by ajx1124
TradeCityPro | AVAXUSDT Analysis Buyer Resistance👋 Welcome to TradeCityPro Channel! Let’s analyze AVAXUSDT triggers for the upcoming week and prepare for opportunities outside the global market’s regular hours to avoid chasing moves after they occur. 😊 🌍 Market Overview First, as always, let’s glance at Bitcoin. BTC recently bounced from the 94,661 support level after a drop and is now struggling with the crucial 101,878 resistance. It also faces the psychological $100K level, which remains a significant barrier for traders. For next week, a breakout above 101,878 could present a long opportunity. Setting a stop-buy order now with a stop loss at 98,857 might prevent missing any whale-driven moves, as the market currently aligns more with the Asian trading session. If this resistance breaks and Bitcoin dominance drops, consider switching focus to altcoins for potential long trades. However, the next move for Bitcoin might be swift, with higher dominance and deeper pullbacks. Analyze it closely on the daily timeframe. 🕒 Weekly Time Frame On the weekly chart, AVAX shows strong performance, rallying from $8 to $58 before this bull run. Additionally, it formed a higher low at $20.78 in 2023, a positive sign for this coin. The trigger for a long position was the breakout above 32.48 on lower timeframes. If you’ve been following, it’s better to wait for a better entry or accept a stop loss to avoid missing out. This weekly candle isn’t my favorite unless it turns green, confirming buyer strength for a potential hold. A new entry could be considered at a weekly breakout of 58.73, but this carries high risk and requires a wide stop loss. Lower timeframes may present better opportunities. 📊 Daily Time Frame On the daily timeframe, AVAX recently broke 29.35 and 35.7, triggering spot buy entries. Current positions have returned 76% and 42%, respectively. These figures are shared not to induce FOMO but to encourage consistent market engagement and emotion management. Even if you miss an opportunity, other triggers will emerge. AVAX has completely recovered from its recent drop, showcasing buyer strength, and formed a bullish V-pattern. This pattern’s breakout confirms its bullish nature. The current resistance stands at 54.01, with an additional key level at 60.37. Of these, 54.01 is the primary level to watch. Managing positions after breaking this resistance is crucial, though reactions at 60.37 are still possible. Long-term members know this zone was previously a no-trade area. Back then, breaking 54.01 often led to stop-outs, while breaking 60.73 indicated whale activity. Depending on your risk tolerance, consider positioning accordingly. Personally, I prefer buying above 54.01 and accepting a stop loss. 🕒 4-Hour Time Frame On the 4-hour chart, AVAX has retested its 54.01 resistance and recovered from recent corrections. A breakout above this level could continue its bullish momentum. 📈 Long Position Trigger Long positions after the breakout are valid, with stop-buy orders and a relatively large stop loss. Above 69.14 RSI, momentum may increase significantly. 📉 Short Position Trigger For short trades, I’d recommend holding off. As long as Bitcoin trades above 80K, I wouldn’t consider shorting. 😊 💡 BTC Pair Insight Against BTC, AVAX has broken a significant weekly trendline and rebounded from strong support. It’s currently testing its trendline trigger, with bullish continuation expected after breaking 0.0005403 BTC. RSI above 70.35 confirms the momentum, boosting confidence in the USDT pair if the market remains bullish. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
32
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Dec13, 2024Technical Analysis and Outlook: Bitcoin's repeated pullback in this week's trading session by upholding firmly at the Mean Sup 96000 price level within the completion of the Inner Coin Rally 103600 is now noted. Recent analyses indicate that the cryptocurrency will likely retest the completed Inner Coin Rally 103600 by navigating the weak Mean Resistance 102300. This movement is anticipated to revitalize its upward trajectory toward the projected Outer #1 Coin Rally 110000 and beyond. Furthermore, a potential decline to the Mean Support 97000 would prepare the market for the subsequent phase of a bullish trend.
BITSTAMP:BTCUSD
by TradeSelecter
1
TradeCityPro | FXS : Signs of a Bullish Momentum Surge👋 Welcome to TradeCityPro! In this analysis, I will evaluate the FXS token. This token belongs to the Frax project, which is considered one of the most comprehensive protocols in DeFi. It could be a strong investment for a bullish market portfolio. 📅 Weekly Timeframe: Early Signs of Bullish Momentum On the weekly timeframe, we observe significant selling pressure right from the beginning of the chart. This selling pressure has driven the price down twice: once from the 38.917 resistance to the 4.468 support, and again from 11.859 to 1.613. Notably, this is one of the few coins that has yet to revisit the lows it formed in early 2023. 📊 Despite the significant decline, market volume has consistently increased, and overall, buying volume has been greater than selling volume. 📈 Currently, in line with Bitcoin’s upward movement, FXS has also rebounded from its 1.613 low and climbed to the 4.468 zone. This upward movement occurred after breaking the 34.90 resistance on the RSI, which introduced considerable bullish momentum into the market. ✅ If the 4.468 resistance is broken, the next targets are 7.515 and 11.859. These two resistances mark the goals for the next upward movement if it continues, with 11.859 being a key critical resistance for this coin. 🚀 Breaking the 11.859 resistance will be challenging. However, if the market gains substantial momentum, FXS could break through all resistances with a large bullish candle and head towards higher targets. On the other hand, a gradual and steady approach towards this level would make breaking it significantly harder. 🔼 If this resistance is broken, additional bullish momentum could enter the market, enabling the price to move towards the 38.917 zone and potentially reach new all-time highs (ATH). 🔍 To explore more scenarios, let’s examine the daily timeframe for detailed insights. 📅 Daily Timeframe: Struggling Against Key Resistance In the daily timeframe, the latest upward movement in price is visible in more detail. As seen, after the last touch at 1.613, there was a massive and notable increase in buying volume. However, upon reaching the 4.819 resistance, a Blow Off candle was formed, marking the end of this trend’s upward leg. 📉 Currently, the price is in a corrective phase and has fallen below the 3.97 zone. If the correction continues, there is a significant resistance zone close to the 2.346 support level that I’ve highlighted. Should the RSI stabilize below the 53.46 support level, the likelihood of a deeper correction will increase. 🧩 Conversely, if the 4.819 resistance is broken, we could expect another rally for the price. The targets for this rally have been identified in the weekly timeframe analysis 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
Long
by tradecitypro
15
BITCOIN The three Expansion Phases of the Cycle.We have talked about Bitcoin (BTCUSD) hitting the $100k Target on numerous analyses and one of those was almost 4 months ago (August 26, see chart below), where we introduced the 2-year Channel Up, which has been the dominant pattern since the very beginning of the new Bull Cycle: That piece of analysis was on the 1M time-frame but today we will examine it from the 1W perspective as the horizon narrows. We have made some slight modifications and the one that stands out is that we've classified it on Expansion Phases. The key characteristic of those was the mid-Phase consolidation, which on the previous 2 took place within the 0.382 - 0.5 Fibonacci range, while the 1W RSI also turned sideways for the first time since the Channel Up bottomed. With this marker, the consolidation phase is easily identifiable and according to it, we are currently on once. As a result, we can assume that we are within the 0.382 - 0.5 Fib range of Expansion Phase 3. This indicates that there is still plenty of room to rise. Based on that, a $150k Target is technically plausible before Summer. So do you expect to reach 150000 so fast, if we do at all during this Cycle? 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
22
Ripple Breakout Bullish Pennant Towards $3XRP has formed a bullish pennant pattern on the H4 timeframe, indicating the potential continuation of the bullish trend. This bullish pennant pattern is not the first occurrence for XRP; in two previous instances, XRP displayed a similar pattern, each followed by an upward breakout. After the breakout, the price experienced a significant rally, establishing the bullish pennant as a consistent technical pattern. This strengthens expectations that XRP may continue its bullish trend if this breakout is confirmed again. The bullish scenario targets the psychological level of $3.00 to $3.50, with a cut-loss strategy recommended if the price re-enters or breaks below the pennant area. Fundamentally, positive sentiment is bolstered by the news that Ripple's stablecoin, RLUSD, has officially received approval from the New York Department of Financial Services (NYDFS). This approval was announced by Ripple CEO Brad Garlinghouse. With a combination of the bullish pennant technical pattern and strong fundamental catalysts, XRP is likely to continue its rally to higher levels in the coming days. However, remain cautious of potential retracements if there are sudden changes in market sentiment or unexpected news developments. Disclaimer: This analysis is part of a trading plan and does not constitute trading advice. Technical analysis is probabilistic in nature and does not guarantee profitability. Always implement proper risk management in every trading decision.
COINBASE:XRPUSDLong
by DNP-FX
XLM's Correction Complete? Targeting $1.10 with Strong MomentumContext and Recent Price Action XLM has been one of the standout performers in recent months, showcasing impressive bullish momentum: The November Surge: Starting from $0.084 in early November, XLM skyrocketed to a peak of $0.63 by the end of the month. This remarkable 613% rally highlights intense buying pressure and growing market interest. The Correction: Following this explosive move, XLM entered a natural consolidation phase, retracing about 40% of its gains. This correction has formed a classic ABC pattern, with the price finding support at $0.35. Such retracements are common after parabolic moves and often set the stage for the next leg higher. The Bullish Reversal: On Friday, December 13th, XLM has begun to show signs of renewed strength. After revisiting the $0.35 low, the price has rebounded to $0.43, forming a solid bullish engulfing candle on the 6-hour timeframe. This is a strong indication that buyers are regaining control. Outlook and Target Projection XLM's structure suggests the corrective phase is nearing its end, paving the way for the next impulse wave. Considering the prior momentum and market conditions, a price target of $1.10 is highly probable within the next 2 weeks. Key Levels to Monitor Entry Point: Current price at $0.43 provides an attractive entry zone for buyers anticipating the next move higher. Profit Targets: $0.65 – Retest of the November high. $1.10 – Extended target based on historical momentum and potential wave projections. Stop Loss: Below $0.35 – A breach of this support would invalidate the bullish thesis and could lead to further downside exploration. Risk-to-Reward Analysis With the price currently at $0.43: Downside Risk: Stop loss at $0.35 results in a risk of ~18.6%. Upside Potential: Targeting $1.10 offers a reward of ~155%. This gives a compelling risk-to-reward ratio of approximately 8:1. Conclusion XLM's recent surge, healthy correction, and current bullish signals create an excellent opportunity for traders. With clear profit targets at $0.65 and $1.10, and a well-defined stop loss at $0.35, this setup offers a strong blend of technical reliability and favorable risk-to-reward dynamics. As XLM completes its consolidation, it seems poised to resume its upward momentum. Let me know if you’d like further refinements!
Long
by PymXerx
XLM's Correction Complete? Targeting $1.10 with Strong MomentumContext and Recent Price Action XLM has been one of the standout performers in recent months, showcasing impressive bullish momentum: The November Surge: Starting from $0.084 in early November, XLM skyrocketed to a peak of $0.63 by the end of the month. This remarkable 613% rally highlights intense buying pressure and growing market interest. The Correction: Following this explosive move, XLM entered a natural consolidation phase, retracing about 40% of its gains. This correction has formed a classic ABC pattern, with the price finding support at $0.35. Such retracements are common after parabolic moves and often set the stage for the next leg higher. The Bullish Reversal: On Friday, December 13th, XLM has begun to show signs of renewed strength. After revisiting the $0.35 low, the price has rebounded to $0.43, forming a solid bullish engulfing candle on the 6-hour timeframe. This is a strong indication that buyers are regaining control. Outlook and Target Projection XLM's structure suggests the corrective phase is nearing its end, paving the way for the next impulse wave. Considering the prior momentum and market conditions, a price target of $1.10 is highly probable within the next 2 weeks. Key Levels to Monitor Entry Point: Current price at $0.43 provides an attractive entry zone for buyers anticipating the next move higher. Profit Targets: $0.65 – Retest of the November high. $1.10 – Extended target based on historical momentum and potential wave projections. Stop Loss: Below $0.35 – A breach of this support would invalidate the bullish thesis and could lead to further downside exploration. Risk-to-Reward Analysis With the price currently at $0.43: Downside Risk: Stop loss at $0.35 results in a risk of ~18.6%. Upside Potential: Targeting $1.10 offers a reward of ~155%. This gives a compelling risk-to-reward ratio of approximately 8:1. Conclusion XLM's recent surge, healthy correction, and current bullish signals create an excellent opportunity for traders. With clear profit targets at $0.65 and $1.10, and a well-defined stop loss at $0.35, this setup offers a strong blend of technical reliability and favorable risk-to-reward dynamics. As XLM completes its consolidation, it seems poised to resume its upward momentum. Let me know if you’d like further refinements!
Long
by PymXerx
ETHUSD (4h) MA50 holding. Channel Up preparing a new rise.Ethereum is trading inside a Channel Up and for the past 2 days it is holding the MA50 (4h) as Support after breaking over it. This has validated the start of the new bullish wave. The previous increased by +34.70%. Trading Plan: 1. Buy on the current market price. Targets: 1. 4600 (almost +34.70% rise from the recent Low). Tips: 1. The RSI (4h) rebounded from the 30.00 oversold level and is now pulling back. A sign that this consolidation is giving a buy signal again. Please like, follow and comment!! Notes: Past trading plan:
CRYPTO:ETHUSDLong
by TradingBrokersView
1