Cryptocurrency
TradeCityPro | PEPE: Testing Resistance for a Potential Breakout👋 Welcome to TradeCityPro!
In this analysis, I’ll review PEPE, one of the most popular meme coins in the crypto space. This analysis focuses on the daily timeframe.
📅 Daily Timeframe: Consolidation and Breakout Potential
On the daily chart, the price has been consolidating within a long-standing range between 0.00000658 and 0.00001668. After breaking through the 0.00001292 resistance, significant volume and momentum entered the market, leading to a breakout above 0.00001668.
🧩 Currently, the price has formed a peak at 0.00002386, which it is now testing for the second time. A successful breakout above this level could spark a new bullish move.
✅ Based on monthly pivot points, the next targets for this upward movement would be 0.00002821 and 0.00003622. If the bullish momentum continues, the subsequent targets would be 0.00004647 and 0.00005448.
📈 If RSI stabilizes above the 70 level and buying volume resurges, the likelihood of breaking 0.00002386 increases.
📉 Support Levels in Case of a Pullback
🔽 The first key support is at 0.00001668, which has already been tested once during a correction.
🔴 If the price continues to decline, the next support level would be 0.00001292.
📝 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! ❤️
Morpho/UsdtOKX:MORPHOUSDT
📉 **Price Rejection at 2.800**
The price of **Morpho Coin** ($2.2148) was rejected at a **previous resistance level** of $2.800, which means it couldn't break past that level and moved back down. This is an important point for traders, as the price struggled to go higher, and now we're seeing it at a lower price.
🛑 **Support Levels**
The **support levels** are areas where the price might find buying interest and potentially reverse upwards. For Morpho Coin, the support levels to watch are:
- **$1.7634** 📉
- **$1.3456** 🔽
If the price continues to decline, these are key levels where the price may stabilize or bounce back.
🚀 **Long Position Potential**
For a **long position** (buying), many traders would look for the price to test the support levels like **$1.7634** or **$1.3456**, hoping for a price reversal and aiming to profit if the price goes back up. It's important to wait for confirmation of a bounce off these levels to minimize risk.
Keep in mind, this is a **technical analysis** explanation and not financial advice! Always do your own research and consider market conditions.
JUPITER ($JUP) Big Breakout - December UpdateJupiter (JUP) appears to be on the brink of a breakout, as its recent consolidation pattern suggests it may be gearing up for its next leg up. Over the past few weeks, JUP has been trading within a defined range, with steady accumulation and strong support levels holding firm. This period of consolidation often indicates that buying pressure is building, setting the stage for a potential price surge once the coin breaks through key resistance levels.
Technical indicators are showing signs of bullish momentum, with increasing volume and favorable patterns in moving averages suggesting that JUP is primed for upward movement. Additionally, the broader market sentiment is leaning positive, which further adds to the bullish outlook for JUP.
If JUP can maintain its current structure and break through resistance, the next leg up could see significant price appreciation. As always, it's essential to keep an eye on market conditions and potential risk factors, but the technical setup is looking strong for a potential breakout in the near term.
MSFT MORE UPSIDE EXPECTED DEC 6 2024MSFT should go deeper and should break this tested supply and should ultimately go near orange box.
If you have any doubts feel free to leave a comment.
Litecoin (LTC)Litecoin been moving in a somewhat sideways channel, a big one, for a while. The middle line of this channel acted like a magnet and pulled the price toward the center each time it reached either side. As can be seen, a harmonic pattern ended and the price slowly went up to reach the first target which is the middle V section of this harmonic pattern. Now, we have to wait and see if price can reach above this channel's middle line and rest or make support there. Only then it is possible to reach the upper line of the channel. Let's see what happens.
TradeCityPro | TRBUSDT Solid Coin for Spot with Target Review👋 Welcome to the TradeCityPro channel!
Let’s analyze the TRB coin from a spot perspective, avoiding a focus on futures, while examining its technical triggers and potential targets.
🏆 Bitcoin Overview
Before diving into TRB, let’s quickly touch on Bitcoin. Last night, BTC experienced a sharp corrective move with some FOMO-induced sell-offs, causing market-wide fear. However, the dip was primarily confined to Bitcoin, and it quickly rebounded.
Corrections like this are typical during a bull market, and maintaining calm is crucial. With proper risk management in place, such moments shouldn’t lead to panic. Remember, the worst-case scenario is hitting a stop loss, but often, positions don't even get triggered in such volatile conditions.
📅 Weekly Time Frame
TRB is among the coins that experienced a significant pump of over 1,000% before the bull market even began. A key positive aspect is that it never returned to its previous yearly low, similar to Solana.
After this strong upward movement, it consistently bounced off a robust support level, indicating that sellers are losing momentum and buyers are entering the market.
Additionally, a downward trendline is evident, which is more of a continuation pattern. Breaking this trendline doesn’t require a specific trigger; after the breakout, we’ll invalidate all lower-high resistances, leading to higher price movement.
With the current weekly candle, we can open a position in spot trading because , The candle has significant volume , It has broken the trendline , RSI is poised to enter overbought territory next week.
Fibonacci Analysis for Targets
By drawing a Fibonacci retracement from a clear high (ignoring FOMO-driven peaks), we can identify The 52.37 level aligns with the 0.382 Fibonacci level, making it a strong support zone.
Target Levels :After breaking the 136.49 resistance, there are no significant resistances until Fibonacci extensions at: 243.12 - 623 - 1219
These levels are realistic, assuming TRB reaches a market cap of $2 billion, which depends on its ongoing development and adoption.
💡 BTC Pair Insight
On the TRB/BTC pair, the coin has formed a green candle after bouncing from the 0.000723 support level.
The good news is that TRB consolidated during its downtrend rather than continuously falling.
After breaking 0.001215, a significant upward trend can begin , RSI breaking 50.80 would provide additional momentum confirmation.
📝 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! ❤️
FTX Token (FTT)It seems FTT is oscillating in a wide sideway channel. Price is currently at the bottom and have to wait to breaks the downtrend line in order to goes up. Let's see what happens.
P.S. Be careful, Since the FTX Token crashed due to the fraud news.
$TIA Preparing for a Final Push to ATHsBINANCE:TIAUSDT is gearing up for one last push. I've added positions on the monthly retest and will be scaling out above $12.
Previous entries are sitting below $5, so feel free to check my earlier posts for the full context.
I believe the 7.2 zone will become the new range low, and it's looking reasonable to target new all-time highs (ATHs) from here. This opens the door to dreaming about even more ambitious targets.
TradeCityPro | ARKM : Uptrend with Increasing Buy Volume👋 Welcome to TradeCityPro!
In this analysis, I’ll review ARKM. If you’re active in the DeFi space, you’ve likely used Arkham, a platform designed for tracking wallets—a highly useful tool for DeFi enthusiasts.
📅 Daily Timeframe: Uptrend with Rising Buy Volume
On the daily chart, after a price drop, the 0.915 support prevented further decline. Following the breakout above 1.298, bullish momentum entered the market, driving the price upward to the 2.695 resistance level.
🔑 This uptrend is supported by a trendline that has provided solid backing for the price in three instances so far. Additionally, buying volume has been steadily increasing, indicating a strong trend with no signs of weakness.
✨ As long as RSI remains above the 50 level, market momentum is considered bullish. A drop below 50 would reset momentum.
📈 If the 2.695 resistance is broken, the next bullish leg could begin, with 3.917 as the subsequent resistance level.
🔽 In case of a pullback, the price may correct to the trendline, which would be a minor retracement. The next significant support is at 1.981.
📉 For short positions, I personally won’t open any unless the price drops below 1.981 and confirms a trend reversal below this support.
📝 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! ❤️
LTC no ATH this yearYes Litecoin will not do any all time high this year, instead we will go down again to reach around 60-70 USD!
Velas (VLX) Technical Analysis & Market OutlookVelas (VLX) Technical Analysis & Market Outlook
Velas (VLX) is rapidly emerging as one of the most compelling opportunities in the crypto space, standing at what may be the cusp of a transformative price breakout. The confluence of fundamental catalysts and technical indicators now suggests that early adopters could be on the brink of accessing a rare window—one that has the potential to create the next generation of crypto millionaires.
Technical Setup:
Price Structure & Support Levels:
VLX has spent a prolonged period consolidating at historically low price ranges, building a rock-solid base of support. Notably, the weekly chart shows Velas price action compressing tightly above a significant horizontal support line—one that has historically acted as a springboard for accelerated moves. This extended period of accumulation often precedes large-scale breakouts, as selling pressure diminishes and strong hands continue to accumulate supply.
Volume & Momentum Indicators:
In recent weeks, trading volume has begun to shift from idle stagnation toward a gradual uptick. This “quiet accumulation” phase is frequently the calm before the storm.
Key indicators are flipping bullish:
MACD: The MACD on mid-to-long-term time frames is curling upward from deeply oversold conditions, a classic sign that bears are losing control. As it crosses into positive territory, it telegraphs a sentiment change from weakness into potential sustained bullish momentum.
RSI (Relative Strength Index): The RSI, previously languishing in oversold territory, is now climbing steadily, suggesting the market is regaining strength. This early uptick can be a precursor to explosive price moves.
Stochastic Oscillator: The stochastic is emerging from oversold zones, hinting at a refreshed cycle of buying interest and potential price expansion on higher time frames.
Fundamental Catalysts:
Velas 2.0 & Ecosystem Expansion:
The upcoming Velas 2.0 upgrade, which aligns closely with the ultra-scalable Solana architecture, has the community buzzing. By combining the speed of Solana’s codebase with Velas’s innovative protocol enhancements, VLX stands positioned to deliver transaction throughput and efficiency that can attract a massive wave of developers and users.
Over 300 projects are reportedly involved with or building on Velas 2.0—this is not mere rumor; it’s a solid testament to the chain’s evolving ecosystem. More projects mean more total value locked (TVL), increased on-chain activity, and ultimately, stronger demand for VLX tokens.
Cross-Chain Capabilities & Real-World Use Cases:
Velas is designed not just as a blockchain, but as a high-performance platform conducive to DeFi, NFTs, and enterprise solutions. This strategic positioning has the potential to capture market share from slower or less developer-friendly networks. As real-world adoption intensifies, the fundamental floor of VLX’s valuation could rise dramatically.
Opportunity on the Horizon:
The stars are aligning for Velas. Technically, the chart pattern resembles those rare early-stage setups that seasoned traders hunt for—those that, when triggered, often deliver triple or quadruple-digit percentage gains. Fundamentally, Velas is putting the pieces in place to compete head-to-head with top-tier smart contract platforms. The upcoming fork and ecosystem expansion are not mere “news events”; they are growth engines that could send shockwaves through the crypto space.
Vision for the Future:
Imagine having identified Ethereum, Solana, or Avalanche in their infancy—before they catapulted early believers into life-changing wealth. Velas is setting itself up to become the next big name in blockchain infrastructure. Those who recognize the undervalued strength of Velas at these levels may find themselves positioned at the very start of something monumental.
VLX is not just another altcoin; it’s a potent contender. With technical indicators lining up and massive fundamental developments on the horizon, Velas has all the makings of a star performer in the coming market cycle. While no investment is risk-free, and due diligence is always essential, the current landscape suggests that those who seize the opportunity now could be writing their own success stories in the years to come. This is the moment where savvy investors separate themselves from the crowd—join the ranks of tomorrow’s crypto millionaires and keep Velas firmly on your radar.
PEPE Analysis - What Shall we Expect !!!BINANCE:PEPEUSDT
PEPE continues to consolidate within a bullish symmetrical triangle pattern.
The ongoing consolidation maintains a bullish outlook for CRYPTOCAP:PEPE in the near term👀
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
JASMY Emerging 1D Golden Cross can send it to 0.0900JasmyCoin (JASMYUSD) has been trading within a Fibonacci Channel Up on the 1D time-frame and it currently more than halfway through its new Bullish Leg. Ahead of its first 1D Golden Cross in 1 year (since November 23 2023), the price is pulling back today below the 0.618 Fibonacci retracement level.
This is exactly the same kind of pull-back the previous Bullish Leg had on February 22 2024. As a result, we can use this opportunity to buy at a lower price and target 0.0900. Technically longs are valid until the 1D MACD forms a Bearish Cross (was an accurate sell signal on June 09 2024 and March 05 2024).
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👇 👇 👇 👇 👇 👇
Bitcoins outlook is very nice thank youIt helps to zoom out sometimes and reflect at where we are in this market cycle. Which was 100k , yesterday!!! WHAT A MILESTONE, if your new then welcome, if you been here for a while you know how much of a bloody achievement this is!
Previous history would have the probability of more upside in favour here as seen on the chart. Good time to be in crypto but also a taking profit point if there ever was one. I personally lost all my bitcoin last cycle chasing the market as it was taking a turn for the worst, trying to make it back at the end of alt season rather than the beginning.
So right now I am spread across good performing Alts, and taking some profits off the table in them, not everything though. DOGE, XRP, VIRTUAL, SUI etc, let me know if you want some charts.
Otherwise, what a world we are in, the digital gold is taking off just like some of us knew it would! Limited supply does matter, especially in a world of inflation and constant money printing. Bitcoins not going up, the value of USD and FIAT is going down!
NFA
Happy trading.
Puffer / Usdt BYBIT:PUFFERUSDT
**Puffer Coin Price Analysis**
- **Current Price:** $0.7746
- **Support Levels:**
- **Primary Support:** $0.7154 📉
- **Secondary Support:** $0.7122 / $0.5583 🛑
- **Resistance Level:** $1.00 🚀
- **Potential Downside:** If the price fails to hold at the support levels, it might fall to **$0.4000** 🔻.
---
### Breakdown:
1. **Support Levels:**
- The primary support zone is at **$0.7154**. If the price dips below this, **$0.7122** and **$0.5583** come in as secondary supports. These levels are crucial because they indicate where the price may stabilize and start to rebound if it faces downward pressure.
- 📉 If the price can't hold above these levels, **$0.4000** could be the next area to watch, where there might be a stronger buying interest to potentially stop the drop.
2. **Resistance Level:**
- The resistance level is **$1.00** 🚀. This means that the price will likely face challenges breaking through this level. If it manages to break above **$1**, we could see further bullish movement.
3. **Potential Downside:**
- If the price can't maintain the support levels and begins to fall further, **$0.4000** would be a critical psychological level. A drop to this point may suggest more significant bearish momentum.
### Conclusion:
If you're trading **Puffer Coin**, keep an eye on these price zones. **$0.7154** and **$0.7122** are critical supports, while **$1** is the key resistance. If the price dips below these supports, you may see a deeper drop to **$0.4000**. Be cautious and consider these levels when making decisions.
🚀📉
Disclaimer : Not Financial Advice
etherum (ETH) "INDICATOR TANGLE"The moving averages with shadow function offer a timeframe to follow before major improvements in price. Right now Ethereum is jumbled up with the third blue line 150 variable moving average. This is not dissimilar to Bitcoin because Bitcoin does not follow such simple methods of indicator transcribing. This would look like the peak is reached according to the orange line and stepped yellow line crossing paths. The difference this time around compared to back in 2021 is in how the blue line is intersecting with those lines (orange, yellow, green) that rise when the price is reaching peak evaluation.
jasmy (JASMY) "INDICATIONS"The BBTrend indicator reveals whether the price is overbought or oversold. Red is too low "oversold" and green is too high "overbought." In this case Jasmy is quite neutral on that fact.
The Yellow stepped line is the 100 Moving Average. When the 100 MA is smoothing out and rounding over this is a sign of the price reversing. As you can see the steps are large and there is no smoothing happening. Also with my 2x100 indicator the waves run between the two lines like a MACD with the 100MA line on top for positive growth and when the smooth green line crosses over the stepped line this is a sign of a reversal as well. As you can see the recent price increase is therefore sturdy based on these two indications.
ETHUSD breaking above the 4 year Falling Resistance. $8000 eyed!Ethereum / ETHUSD is attempting a bullish breakout over the Falling Resistance that is in place since the very start of the previous Bear Cycle and the November 08 2021 Top.
A 1week candle close over it, confirms the high probability of a parabolic rally breakout.
Technically based on the time period were in, the October-December rise, is almost the same as the Oct-Dec 2020 Channel Up that followed the August-September consolidation.
This targeted higher than the 5.0 Fibonacci extension.
Technically $8000 (just under the current 5.0 Fib) is a viable target if the 1week candle closes above the Falling Resistance.
Previous chart:
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BTCUSD: Target range updated to 200,000 - 300,000.Bitcoin is overbought on its 1W technical outlook (RSI = 77.125, MACD = 9127.400, ADX = 41.734) but during Bull Cycles, this is by no means a factor to consider turning bearish. Quite the contrary when the 1W RSI in particular crosses above the 70.000 level, Bitcoin turns parabolic. The Top is priced only long after the 1W RSI starts to pull back inside a Channel Down. Bitcoin is now inside a 7 year Channel Up and the current 3-week consolidation phase is the same pattern we saw in Nov-Dec 2020, which broke into a more aggressive rally to the Channel's top. A valid TP range now is 200,000 - 300,000.
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