Get started

Cryptocurrency

CARDANO Mega rally starting first to $3 then top expected at $5Last time we looked at Cardano (ADAUSD) we gave a confident medium-term buy signal (November 18 2024, see chart below): Today, having seen a very strong closing to the year last week and especially since the price bounced off the 1W MA200 (orange trend-line), we are making a long-term call towards the top of the Cycle. Technically ADA's historic pattern is a Channel Up and if we draw its Fibonacci levels, the price is currently within the 0.5 - 0.618 range. That is exactly where it was during the same stage of the previous Cycle in January 2021. As the 0.5 Fib held, once it closed a 1W candle above the 0.618, the price skyrocketed to the 0.786 Channel Fib and tested the previous All Time High (ATH). We can see the amazing symmetry between the Cycles on the 1W RSI fractals too. As a result, our next immediate Target for ADA is near the previous ATH at $3. Beyond that, we expect the Cycle to top at $5, which is marginally below the 1.236 Fibonacci extension, which was where the August 2021 Cycle Top was priced. ------------------------------------------------------------------------------- ** 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:ADAUSDLong
by TradingShot
8
Phemex Analysis #50: How to Trade SOLANA Like A ProSolana ( PHEMEX:SOLUSDT.P ) has been relatively subdued during the recent November and December 2024 bull run, rising approximately 100%, a stark contrast to its explosive growth of over 1000% during the October 2023 to March 2024 rally. However, the fundamentals of Solana remain robust, with its Total Value Locked (TVL) increasing from $0.3 billion in October 2023 to an impressive $9.5 billion today—a staggering 3166% rise. This demonstrates that Solana’s ecosystem is stronger than ever. In this article, we’ll analyze possible scenarios for SOL’s price movement over the next few days and provide actionable trading strategies to help you trade like a pro. 1. Bullish Breakout Scenario Since January 1, 2025, SOL has rebounded by 17%, currently consolidating around the $210 level as it gathers momentum for its next potential move. If SOL manages to break through the $234 resistance level and subsequently surpass $247, there’s a high probability that it could continue its upward trajectory and form a new all-time high (ATH). This bullish momentum could be fueled by developments such as the launch of Solana ETFs or advancements in AI agent integrations within its ecosystem. Trading Strategy: If SOL breaks above $234 with high trading volume, consider opening a Long position. And set your stop-loss at $210 to manage risk effectively. Remember to monitor key news or announcements that could act as catalysts for further price surges. 2. Bearish Drop Scenario On the downside, if SOL fails to hold above $210 and breaks below this level with significant volume, it could trigger a drop toward the $180 or $175 support levels. Should overall market sentiment turn bearish—especially if Bitcoin also declines—SOL might test deeper support zones at $155 or even $135. Trading Strategy: For advanced traders, consider opening a Short position if SOL drops below $210 with substantial volume. Take profits at key support levels such as $180 or $175. For long-term holders, these levels ($180, $175, $155, and $135) present potential buy-the-dip opportunities based on your risk tolerance. Key Considerations for SOL Traders I. Fundamental Strength: Solana’s growing TVL and ecosystem development are strong indicators of its long-term potential. Keep an eye on updates such as ETF launches or institutional adoption. II. Technical Indicators: The Relative Strength Index (RSI) is currently above the midpoint, signaling potential bullish momentum. Watch closely for price action around key resistance levels ($234 and $247) and support levels ($210, $180). III. Market Sentiment: Recent data shows a net inflow of $224 million in SOL to centralized exchanges over the past week—a trend that could signal increased selling pressure or preparation for derivatives trading. Be cautious of sudden shifts in sentiment. Conclusion Trading SOL like a pro requires adapting your strategy to evolving market conditions. Whether you’re aiming to capitalize on a bullish breakout or hedge against a bearish drop, understanding key price levels and market dynamics is crucial. Always combine technical analysis with fundamental insights and practice disciplined risk management. By staying informed and prepared for multiple scenarios, you can navigate Solana’s market movements with confidence and precision. Tips: Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
1
TradeCityPro | ICPUSDT Missed the Market Move? Don’t FOMO👋 Welcome to TradeCityPro Channel! Let’s analyze the market during a day when it has finally shown some movement, focusing on coins with clear triggers. 💥 Avoid FOMO The reason we create daily content for this community is to emphasize the importance of analyzing the market daily and identifying triggers before taking trades. This prevents you from acting impulsively and becoming a profit target for others who entered earlier. 🌐 Overview Bitcoin Before analyzing today’s altcoin, let’s quickly review Bitcoin on the 1-hour timeframe. As mentioned yesterday, Bitcoin’s movement was predicted. After breaking the 98606 trigger, a long position with a stop loss at 97343 was suggested, considering the potential for whale-driven moves at higher levels. Additionally, if Bitcoin dominance broke the 57.08 resistance, opening positions on Bitcoin was the preferred approach. Otherwise, a switch to altcoins was recommended. Here’s my position: R/R 3. The triggers I share are the same ones I use in my trades. Remember, not every day requires action! If you missed the move, should you open a long position after breaking 102208? Not yet. While the current timeframe suggests caution due to overbought conditions, you can consider this on the 15-minute chart. My recommendation: focus on identifying altcoin triggers to stay ahead of the market. 📊 Weekly Timeframe ICP has seen a significant move since its support at 2.868, rallying by around 400%. Recently, it has consolidated and established strong support at 6.603, which aligns with the 0.5 Fibonacci level and the 50% Dow Theory level, highlighting its importance. If you entered at lower levels, consider taking out your initial investment or exiting below 6.603. If you bought after the 9.684 breakout, patience is key. Given the potential for an early breakout above 14.879, maintain a stop loss at 6.603. For re-entry, a break above 9.684 signifies a lift-off from the midline of its horizontal range, suggesting a stronger likelihood of breaking 14.879. Increased volume confirmation post-breakout can validate a buying opportunity. Let’s address the fake breakout at 14.879. Unlike the 2.868 level, which saw sustained price action and a move upwards post-daily box formation, the 14.879 breakout was merely a single candle spike followed by an immediate reversal. 📈 Daily Timeframe ICP remains in its large range box, oscillating between 6.691 and 15.22. A sharp move is expected upon breaking either the upper or lower boundary of this range. ICP has already begun moving after breaking its smaller box resistance at 9.834. It has retested this breakout, unlike some coins that re-enter their boxes, underscoring ICP's bullish momentum compared to peers. Currently, ICP faces resistance at 12.409, which was previously ignored but has regained significance. Staying above 11.281 provides an opportunity for small preemptive buys, but the main trigger remains 15.22. ⏱ 4-Hour Timeframe ICP’s chart looks promising, as it has broken out of its 4-hour box and is consolidating below the next resistance level, presenting a potential entry trigger. Drawing Fibonacci levels from the start of the drop reveals reactions at all levels. Currently below 0.618, breaking this level could propel ICP to the 13.697 resistance. Remaining above 11.333 and the 0.382 Fibonacci level highlights the importance of the 12.476 resistance. 📈 Long Position Trigger If you didn’t open a position at 11.333, it’s still fine. Momentum has entered this chart. After breaking 12.476, you can open a long position with a tighter stop. Ensure volume increases and RSI enters overbought territory to manage risk. 📉 Short Position Trigger Currently, I’m not planning any short positions. If 12.476 faces a fake breakout and reverses, I’ll look for short setups in lower timeframes using a fake breakout strategy. 📝 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
16
TradeCityPro | DOT: Navigating the Range and Potential Breakouts👋 Welcome to TradeCity Pro! In this analysis, I will review the DOT token. This project is one of the well-known crypto projects and has consistently ranked among the top 20 on CoinMarketCap. 📅 Daily Timeframe: Rejected from the Range Top In the daily timeframe, we observe a prolonged range box, which is more visible in the weekly timeframe. This range extends from the bottom at $3.743 to the top at $10.801. 🔍 Currently, after the price reached the top of the range, it has entered a corrective phase and retraced to the 0.5 Fibonacci level, establishing support at $6.554. If further corrections occur, the next supports will be at the 0.618 Fibonacci level and $4.847. In the event of a more significant drop, the last support will be at $3.743. 📊 Market volume has been decreasing during this corrective phase, and therefore, I won't provide a short trigger for now. I'll wait for market indicators like TOTAL to confirm a trend reversal. 📈 For long positions, the best trigger is currently the $10.801 level, which is the top of the range. A riskier long trigger would be breaking $8.432. The first resistance the price will encounter after breaking these levels is at $16.116. Breaking 55.29 on RSI will also help add momentum to the market's upward movement. ⏳ 4-Hour Timeframe: More Details In this timeframe, we can observe the corrective phase with greater detail to find better triggers for futures positions. 🧩 Here, a descending trendline can be seen, which broke after the price was supported at $6.554. 🔑 The trendline breakout trigger is at $7.865. Since this is a continuation trend, breaking the trendline trigger is considered significant. The target for this position is the $10.801 resistance, and the RSI entering the overbought zone will greatly aid the price movement toward this level. 🔽 If the $6.554 support is broken, the next support levels will be at $5.506 and $4.763. 📝 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! ❤️
Long
by tradecitypro
9
BITCOIN New year, same thing..Bitcoin (BTCUSD) has just reclaimed the 1D MA50 (blue trend-line) over the weekend and is so far successfully holding it below the price action, making it a Support. The exact same price action took place in January last year (2024). In fact, as these 1D charts very vividly illustrate, the whole sequence from the September 06 2024 Low to today, is very similar to the sequence from the September 11 2023 Low to (so far) January 2024. This incredible degree of symmetry is also extending to their 1D RSI and MACD fractals. The first formed Bearish Divergences under Lower Highs trend-lines, which when broken confirm the new rally, while the latter (MACD) was the early buy signal when it formed a Bullish Cross below the 0.00 mark. If BTC continues to copy the January 2024 fractal, then we should be expecting a few more days of sideways price action, that will pave the way for the new (2nd) Rally Phase of the whole pattern. The 2nd rally peaked on the 1.618 Fibonacci extension from the September 11 2023 Low, so if the pattern replication continues, we may see a peak above $150k. So do you think the early 2024 bullish break-out will be repeated? And if yes, are you expecting a peak as high as $150000? 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
11
Ripple Is Still Eyeing All-Time HighsRipple is in strong and impulsive rise after we spotted a bullish break out of a larger weekly bullish triangle pattern. It's actually already at 2.9 area and there can be easily space up to 3.3 all-time highs area. Looking at the 4-hour time frame, we saw a nice extension higher within wave (3), so after current wave (4) correction that can be completed as a nice and clean A-B-C flag pattern with textbook support from 2021 highs, be aware of another push to the upside for (5). Just in case if Ripple stay sideways for a longer period of time, then we might even consider a bullish triangle pattern in wave (4), but sooner or later we can expect further rally within wave (5) towards all-time highs area. Why XRP Is higher? The reason for this push higher on ripple, which has been outperforming in the last few weeks, is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. "Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions".
BITSTAMP:XRPUSDLong
by ew-forecast
1
Big test for BTCMorning folks, So, we're almost there - 100.5K area that we've discussed last time. BTC is almost completed the predefined XOP extension. Why this level is so important. Because it determines the results of H&S daily pattern - whether it will work or fail: Correspondingly, it tells where BTC will go - either back to the 108K top (or even higher) or starts deeper retracement to ~82-87K area. Besides, it is important to us because we have to make a decision on short position taking. Here we also could use 1H potential H&S pattern, with 99K area of the right arm and potential level for decision making. This is just to not risk too much. So, watching for completion of XOP, then 1H H&S - if everything goes as it should, thinking about short entry. If not - then start watching North.
COINBASE:BTCUSD
by Sive-Morten
1
Professional Technical Analysis for Bitcoin + trade planTechnical Analysis for Bitcoin (BTC/USDT) Resistance Level: The red trendline indicates a strong resistance around $100,000 to $100,500. Bitcoin has tested this resistance and is showing signs of a possible reversal. Support Levels: Immediate support is around $98,000 (green horizontal line). Stronger support is in the orange zone between $96,000 and $97,000. Volume Analysis: Volume spikes are visible during resistance testing, suggesting selling pressure near $100,000. Indicators: VMC Cipher B Divergences: Showing bearish momentum divergence at the peak, indicating potential downward pressure. RSI (Relative Strength Index): Around 67, nearing overbought territory but not yet overextended. Money Flow Index (MFI): Indicates mild outflows, confirming weakening buying pressure. Stochastic RSI: Overbought levels, crossing downwards, further supporting a short-term pullback. Price Action: The price has been forming higher highs and higher lows, but the rejection from resistance hints at a temporary retracement. The projection shows a potential dip into the support zone ($96,000–$97,000) before resuming an uptrend. Trading Plan Short-Term Trading Plan: Entry Point: Wait for Bitcoin to retrace into the orange support zone ($96,000–$97,000). Place a buy limit order within this zone to capitalize on the anticipated bounce. Stop-Loss: Set a stop-loss slightly below $95,500 to mitigate risk in case the price breaks key support. Take-Profit Targets: First Target: $100,000 (resistance retest). Second Target: $103,000 (continuation breakout above resistance). Risk-Reward Ratio: Maintain a minimum risk-to-reward ratio of 1:3 for this trade. Medium-Term Trading Plan: Scenario 1: Bullish Breakout If Bitcoin breaks above $100,500 with high volume, enter a momentum trade targeting $103,000–$105,000. Use trailing stop-loss to secure profits in case of reversal. Scenario 2: Bearish Breakdown If Bitcoin closes below $96,000 with increasing volume, consider a short position targeting $93,000 as the next major support. Key Trading Notes: Monitor market sentiment and news, as fundamental factors can influence Bitcoin’s direction. Watch for divergences in the indicators (e.g., RSI, VMC Cipher) for early signs of trend reversals. Adjust position sizing based on risk tolerance and volatility in the crypto market.
Long
by elfabiiani
TradeCityPro | FLOWUSDT New Weekly Move?👋 Welcome to TradeCityPro Channel! Let’s analyze the weekly crypto watchlist together during the final hours of the market holiday. 🌐 Overview Bitcoin Before diving into today’s altcoin analysis, let’s take a quick look at Bitcoin. In the 1-hour timeframe, Bitcoin has broken its trendline but remains below the key resistance level of 98606, which it has been rejected from twice, highlighting its significance. At the start of the new week, I anticipate a potential upward move, likely during the U.S. session. If Bitcoin breaks 98606, a long position can be opened. If Bitcoin dominance is breaking 57.08 simultaneously, long positions on Bitcoin itself are preferable. Otherwise, if dominance faces rejection or forms red candles, a quick switch to altcoins is recommended. 📊 Weekly Timeframe In the weekly timeframe, this altcoin, like most of the crypto market, is still in its range box, continuing its oscillation within this boundary. After breaking 0.674, FLOW attempted to reach the range’s upper boundary but faced rejection. Even RSI was rejected at 70, preventing FLOW from reaching the resistance at 1.460. On the positive side, during this pullback, the volume of red candles decreased, and FLOW is now at a previous resistance-turned-support level, suggesting the potential for a rebound. Keep in mind that the main support level is 0.463. If it breaks, exiting this coin would be wise. A re-entry can be considered upon a breakout above 1.460 with momentum confirmation. 📈 Daily Timeframe In the daily timeframe, after a fake breakdown below the key support level of 0.509, FLOW bounced back strongly, initiating a move toward the resistance at 1.169. If we use Fibonacci levels (ignoring fakeouts), the 0.7 level emerges as a key support. It acts as a previous resistance-turned-support and aligns with the significant 0.618 Fibonacci retracement level. The 0.7 level has been tested twice, with the price bouncing each time. If FLOW breaks 0.809, it could start a move toward 0.969 and eventually 1.169. For spot buying, wait for a breakout above 0.809, with: Risky Stop-Loss: 0.7 Conservative Stop-Loss: 0.509 For futures trading, consider a position after a breakout above 0.809. The resistance level at 0.809 is crucial, offering a solid opportunity for both spot and futures trades. 📝 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
6
HIVE ANALYSIS (UPDATE)📊 #HIVE Analysis : Update ✅As we said earlier, #HIVE performed same. Around 96% move done in #HIVE. There was a formation of Falling Wedge Pattern on daily chart with a breakout🧐 Current we can see a little retest and then we could target for resistance 2 👀Current Price:  $0.5932 🚀 Target Price:    $0.7130 ⚡️What to do ? 👀Keep an eye on #HIVE price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #HIVE  #Cryptocurrency  #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
What’s Your Bullish Price Target for ETH? Ethereum has been trailing behind some of the alts in the top 100 and even BTC when it comes to parabolic runs. However, I’ve been analyzing the charts, and things are starting to look VERY interesting. Here’s my take: - On the **3-day chart**, I see a strong **resistance level around $3,830**. - Using a **Fibonacci extension**, the **1.6 level targets just over $5,000**—a number that feels astronomical but achievable in a bullish scenario. 📈 - The **daily MACD** is screaming **LONG**, indicating potential upward momentum. ### **Positive ETH Data to Back It Up** Ethereum's fundamentals are stronger than ever: 1. **Total Value Locked (TVL):** Ethereum continues to dominate DeFi, holding **58%+ of all DeFi TVL** at ~$24B. 2. **24H Trading Volume:** Ethereum sees an average of **$6-8B traded daily**, showing its massive liquidity and adoption. 3. **Burn Mechanism:** Since the London Hard Fork (EIP-1559), over **3.9M ETH (~$6.3B)** has been burned, contributing to its deflationary narrative. 4. **Staked ETH:** With **32M ETH staked**, nearly **26% of the supply** is locked up, reducing selling pressure. ### **What's Driving the Bullish Sentiment?** Recent activity in the **layer-2 ecosystems** is fueling optimism: - **Optimism (OP)** and **Arbitrum (ARB):** Both L2s have seen substantial adoption, with millions of dollars in daily transactions and climbing TVL. - **Lido Finance (LDO):** The largest liquid staking protocol continues to thrive, with **~30% of all staked ETH** on its platform. These projects are growing **on Ethereum**, reinforcing the network’s pivotal role in the crypto ecosystem. --- What’s your price target for ETH in a bull run? Do you see $5,000 as achievable, or do you have even higher targets in mind? Let's discuss!
COINBASE:ETHUSDLong
by Maximus20000
TradeCityPro | ZIL: Charting the Peaks and Troughs of Zilliqa👋 Welcome to TradeCityPro! In this analysis, I will examine the ZIL coin, which is part of the Zilliqa project. This analysis will cover both the daily and 4-hour timeframes. 📅 Daily Timeframe: Ready for the Next Wave In this timeframe, we are observing a very large range box that is more noticeable in higher timeframes, but as you can see, the ceiling of this box is at $0.03592 and the floor is at $0.01235. 🔍 In the floor area of this box, we witnessed an Accumulation Zone. After breaking $0.01797, a new upward trend phase began, and the price moved up to the ceiling at $0.03592 and is currently in a corrective phase. 🧩 So far, the price has corrected to the 0.618 Fibonacci level, reaching $0.02010, and has tested this area twice, appearing to be forming a bottom there. A short-term resistance formed above this area coincides with the 0.382 Fibonacci level at $0.02475. 🔽 If the correction continues, the next supports are $0.01797 and the 0.786 Fibonacci area, which are significant levels. The ultimate support price is $0.01235, which was the previous price floor. Breaking this area could trigger a new downward wave, potentially moving the price towards $0.00893. 📈 Conversely, if the price can stabilize above the 0.382 and 0.236 Fibonacci levels, there's a chance it could retest the resistance at $0.03592. This resistance is more like a supply zone from $0.03592 to $0.04064, and the price needs to stabilize above $0.04064 to confirm breaking this area. If this resistance is broken, the next resistance will be at $0.05728. 📊 The market volume has been decreasing during the correction, aligning volume with the bullish trend. Stabilizing the RSI above 50 also increases the probability of a bullish scenario. ⏳ 4-Hour Timeframe: Range Box and Futures Triggers In this timeframe, we see a range box from $0.02010 to $0.02343, with the price currently at the box's ceiling. The box ceiling and the 0.382 Fibonacci level are close to each other and could form a strong consolidated area together. 🔼 For a long position, breaking $0.2343 is suitable, but be mindful of the 0.382 Fibonacci level so you can make the right decision when the price reaches this area. The next resistance levels will be at $0.02896 and $0.03592. Entry of the RSI into Overbuy would be a good confirmation for breaking the resistance at $0.2343. 📉 For a short position, the best current trigger is $0.02010. Breaking this area would breach a strong Potential Reversal Zone (PRZ), and the price could initially move down to $0.01797 and then to $0.01610. 📝 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! ❤️
Long
by tradecitypro
10
TradeCityPro | ETCUSDT Still Ranging in the Box!👋 Welcome to TradeCityPro Channel! Let’s analyze Ethereum Classic during the market's holiday period, where we saw some movement. We’ll review the triggers together. 🌐 Overview Bitcoin Before diving into today’s altcoin analysis, as usual, let’s check Bitcoin in the 1-hour timeframe. Bitcoin is still under a descending trendline. Once this is broken, it can move toward 98599, and after that, to 99443. It’s better to open or maintain positions after breaking 99443, as volatility is expected to increase at higher levels. Whether I open a long position after breaking the trendline or resistance at 98599 depends on Bitcoin dominance. If Bitcoin dominance shows a red candle at the time of the breakout, I’ll focus on altcoins or BTC pairs. If it’s green, I’ll prefer Bitcoin itself. This could lead to another wave movement. 📊 Weekly Timeframe It feels like we’re analyzing forex charts—completely ranging! This is normal given Ethereum Classic’s mining-related dynamics and the heavy movements associated with it. For around 1100 days, this coin has been ranging within a large 130% box. Without a proper trigger, investing in this range might have tied up your capital, especially when other projects provided much higher returns over the same period. This highlights the risk of entering the market without a trigger. If you’re holding ETC and want to set a stop-loss, you can exit if a weekly candle closes below 14.68. For re-entry, the box top trigger at 36.58 is an excellent option. Since ETC is rebounding from the box’s midline, the likelihood of breaking the top is higher. The 24.78 support level can serve as a suitable stop-loss for box breakout attempts. 📈 Daily Timeframe ETC has been performing well since breaking the daily box top at 20.92. It moved from the box’s bottom to its top, emphasizing the 38.24 resistance even further. The $25 level currently serves as the most crucial support, coinciding with the weekly box’s midline. Staying above $25 indicates a higher low and a rebound from the channel’s midline, reflecting stronger buyer activity. This could lead to testing 38.24 again and possibly breaking it. If you bought after the 20.92 breakout, your stop-loss should be below 17.55, with some profits already secured. If you haven’t acted yet and if resistance at 28.49—better yet, 30.20—causes a rejection and forms a lower high, consider exiting below $25 and look for new triggers later. For re-entry, breaking 28.49 is a potential entry point, but your main entry should be after breaking 38.24, with momentum and increased volume supporting it. ⏱ 4-Hour Timeframe ETC belongs to the group of coins that didn’t break their 4-hour resistance and box top yesterday, possibly setting up futures positions next week. 📈 Long Position Trigger The rejection from 28.49 clearly defines the trigger. Open a long position after breaking this resistance or after the RSI breaks 72.58. 📉 Short Position Trigger The main trigger at 24.92 is quite distant. However, if the 28.49 resistance turns out to be a fake breakout, you can use the fake breakout strategy. Look for the first trigger in lower timeframes to open a short position. 📝 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
9
IOTA ANALYSIS🌸#IOTA Analysis : Bullish Trend 🚀🚀 🚀As we can see that there is a formation of Flag & Pole Pattern in #IOTA in 8 hr time frame. Right now #IOTA is trading above it's crucial support zone and we can see a bounce back from its support zone 💪 🔖 Current Price: $0.3569 ⏳ Target Price:   $0.4330 ⁉️ What to do? - We can trade according to the #IOTA chart and make some profits. Keep your eyes on chart price action, observe trading volume. Always observe market sentiments and update yourself everyday.🔰🔰 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #IOTA #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
Long
by ZEUS_Market_Alerts
TradeCityPro | OM: Upward Momentum and Airdrop Anticipation👋 Welcome to TradeCityPro! In this analysis, I will examine the OM coin, which is associated with the MANTRA network. This coin is about to start its airdrop rounds in a few days. 📅 Daily Timeframe: High Upward Momentum and Readiness for the Next Leg In the daily timeframe, we are observing a very strong and powerful upward trend. Over the past year, this coin has grown more than 5000% and has garnered significant attention from the crypto community and enthusiasts. 🔍 Currently, a curved upward trend line has emerged in the latest cycle, starting after the price bottomed out at $0.6352 and corrected to $1.6071 before starting a new upward move reaching $4.2374. ✨ The price has touched this upward trend line several times and now, having reached the resistance at $4.2374, has formed a ranging box between this resistance and $3.4144, potentially undergoing reaccumulation. Breaking above $4.2374 could significantly impact the further price increase of this coin. 🚀 If the ceiling breaks, the next price targets based on Fibonacci would be around $10 and $20, technically feasible as the price has not corrected significantly and has maintained market momentum. However, reaching a $20 target would require OM to enter the top 10 market cap, surpassing cryptocurrencies like AVAX, SUI, and TON, which is a challenging task. 🧩 The RSI oscillator is ranging between 40.35 to 59.93, and breaking either of these areas will significantly impact the market trend. A break below 40.35 could increase the likelihood of a correction down to the $2 area, around the 0.5 and 0.618 Fibonacci levels. Breaking above 59.93 would increase the likelihood of surpassing $4.2374. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, we see a long-term 47-day box, which is very clean and has well-defined ceilings and floors between $3.4144 and $4.3140. Breaking either of these areas would provide a good position. 📉 For a short position, breaking $3.1440 is suitable with the next supports at $2.5442 and $2.2264, near the 0.5 and 0.618 Fibonacci levels of the daily timeframe. 📈 For a long position, breaking $4.3140 is the only long trigger for now, and no target can be set for this movement until a new structure is formed. 🔑 The market volume is nearing its lowest point, increasing the likelihood of breaking one of these areas each day. 📝 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! ❤️
by tradecitypro
10
Usual/UsdtBINANCE:USUALUSDT Right now, the price of the asset is at **0.9789** 📊. This is a crucial level because if the price starts to fall and can’t maintain its position above **0.900** 🚨, this would signal a potential downturn. **0.900** is considered the "last hope" support level for this price action—if the price drops below that, things could get tricky. If the price falls below **0.900**, the next level of support to watch for is **0.8308** 📉. Support is where the price tends to find buying interest, so if it reaches this point, there might be a chance for it to bounce back up. However, if it breaks through this, further downward movement could be expected. On the flip side, if the price holds and continues to rise, it will face resistance levels that could prevent it from moving higher. These resistance levels are key price points where sellers might step in to take profits, or where the price could struggle to break through. In this case, the resistance levels are: - **1.00** 🔴: This is a round number, which tends to be a psychological resistance point. - **1.1544** 🔴: A higher level, possibly linked to previous market highs. - **1.253** 🔴: Another key resistance, which could be a tough barrier for the price to pass. - **1.432** 🔴: The highest resistance level to watch; if it breaks through here, it could signal a strong bullish movement. To recap, **0.900** is your “last hope” support, and **0.8308** is your next major support level if the price falls. On the upside, watch the resistance levels at **1.00**, **1.1544**, **1.253**, and **1.432**. And remember, all of this is purely based on technical analysis, and **this is not financial advice** ⚠️💸. Always make sure to do your own research before making any financial decisions! 🧠💡
Long
by Wolftrader1337