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Cryptocurrency

Helium (HNT)Helium is a decentralized blockchain-powered network for Internet of Things (IoT) devices. If you look at the network coverage on their website you would be amazed at how far they have come; some regions are bright as the fourth of July. But still, there are so many regions left to cover and many works need to be done. Also, the latest delisting news of HNT may have some negative effects on the popularity of the project. Anyway, HNT has been in a downtrend almost since birth! But who knows, if price breaks this downtrend channel upward, good things can happen. Let's see what happens.
CRYPTO:HNTUSD
by SaeedSalehinia
1
XRP thesis with RAG AI by Titan_KarmaAs we analyze XRP in the context of a 12-hour investment thesis, the current market conditions appear favorable for entering a LONG position. The recent bullish trends in both XRP and Bitcoin suggest a potential upward movement, especially as XRP approaches the critical resistance level of $1.20. The strong trading volume of 508,248,138 indicates significant interest from traders, further supporting the bullish sentiment. In terms of technical analysis, the daily chart shows an RSI of 85.13, indicating overbought conditions, while the 1-hour and 15-minute charts suggest potential consolidation. This could mean that while a LONG position may be advantageous, caution is warranted as the price nears resistance levels. The historical data also supports a bullish outlook, with XRP recently reaching a high of 1.1865, suggesting that if the price remains above $1.1200, it could signal continued bullish momentum. coinglass_data: Real-time data from Coinglass indicates a healthy open interest and a positive funding rate, suggesting that traders are leaning towards LONG positions. Liquidation levels are currently stable, which may provide a conducive environment for entering a LONG position. binance_data: According to TradingView and CoinMarketCap, expert predictions for scalping investments today are optimistic, with several analysts recommending a LONG position based on the current market dynamics. coinmarketcap_data: CoinMarketCap reports a liquidity score that reflects strong market conditions, with a notable increase in trading volume over the last 24 hours. The market cap remains robust, indicating a healthy trading environment for XRP. sentiment: Augmento.ai's sentiment analysis shows a predominantly positive sentiment towards XRP, with many traders expressing bullish expectations in social media discussions. cryptocompare_data: CryptoCompare's latest news highlights the growing interest in XRP, particularly in light of recent regulatory developments that may favor its price movement. Technical Analysis: The current technical indicators suggest a strong bullish trend, but caution is advised due to the high RSI levels. The price is approaching key resistance levels, and traders should monitor for potential pullbacks. The volatility index indicates moderate volatility, which could present opportunities for scalping. In conclusion, the analysis suggests that entering a LONG position could be beneficial, but traders should remain vigilant for signs of reversal or consolidation. TRADE RECOMMENDATION json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$1.10", "TAKE_PROFIT": "$1.25", "CONFIDENCE_LEVEL": "82%", "EXIT_POINT": "$1.20", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
Long
by titankarma
Keep watching for 99-102KMorning folks, Since last week BTC has reached a solid target/resistance area together with weekly Overbought (where it still stands) we have considered two scenarios - either immediate downside pullback via H&S pattern, or attempt to touch major 102K target first and then the pullback. Now it seems that everything goes with the latter scenario. H&S shape on 4H chart is totally ruined. while our 3-Drive stands well and its final part could take the shape of the butterfly. We see nothing interesting for bears by far. But for bulls, if you will control the riks and 86K lows, which is invalidation point of this bullish scenario - everything could be fine.
COINBASE:BTCUSDLong
by Sive-Morten
WAGYUSWAP IS ON THE MOVE - EXPECT UNEXPECTEDChart Overview Timeframe: 4-hour chart The price is trading within a square trading channel, indicating a consolidation phase. This could signal the market is in a period of indecision, with potential for either a breakout or breakdown. The price is currently approaching the lower boundary of the range, indicating that a bounce might be possible or further price testing may occur before any breakout. Key Levels Resistance: The price has been rejected multiple times near 0.0015419 and 0.0013976, creating a clear resistance zone. Support: The price is finding support near 0.0012548, a level it has tested recently and managed to bounce from, showing some strength in the market. Volume Volume Trend: The trading volume is currently lower compared to previous spikes, which typically signals lower market participation. This suggests the market is waiting for a catalyst (likely a breakout or a shift in sentiment) before it can decide on the next move. Indicators VMC Cipher B Divergences: This indicator shows some divergence between the price and momentum, hinting that the price may be losing some strength in its current trend, which could signal a potential reversal. RSI (Relative Strength Index): Currently at 55.5, the RSI is neutral, indicating there is no extreme overbought or oversold condition. It is waiting for more price movement to confirm whether the trend will continue or reverse. Stochastic Oscillator: The stochastic is at 27/71, suggesting a slightly oversold condition. This could indicate a potential buying opportunity if the price tests the support again or breaks higher. Trading Plan Scenario 1: Breakout Above Resistance (Bullish) Entry Point: If the price breaks above 0.0015419 and holds above it, this could indicate the start of an uptrend. Target: The next resistance zone lies around 0.00166. This could be your first target. Stop Loss: Place the stop just below the previous support level of 0.0012548 (around 0.0012) to limit risk if the breakout fails. Scenario 2: Bounce from Support (Bullish Reversal) Entry Point: A potential entry could be near the 0.0012548 support level if the price shows signs of bouncing off this zone with higher volume or confirmation from the RSI or stochastic oscillators. Target: The target would be the 0.0013976 resistance level, with a potential continuation towards 0.0015419. Stop Loss: Place the stop just below 0.0012 to protect from a further breakdown if the support level fails. Scenario 3: Breakdown Below Support (Bearish) Entry Point: If the price breaks below 0.0012548 and shows no signs of reversal, this could indicate a continuation of the downtrend. Target: The next support level lies around 0.001166. Stop Loss: The stop should be placed just above 0.0013976 resistance level to protect from any unexpected upward movement. Risk Management Position Sizing: Adjust your position size based on your risk tolerance and stop loss distance. Never risk more than 2% of your account balance on a single trade. Monitor Volume: Ensure that any breakout or breakdown is accompanied by an increase in volume, which helps confirm the validity of the price movement. Additional Considerations Watch for the broader market trends as cryptocurrency markets can be highly correlated. Look for any major news or events that could affect overall market sentiment. Keep an eye on the broader trend, using higher timeframes like the daily chart for confirmation.
Long
by elfabiiani
Phemex Analysis #36: OM Surge 325% in 5 Days! What's Next?PHEMEX:OMUSDT.P has taken the cryptocurrency world by storm, soaring over 325% in just five short days. This remarkable surge can be attributed to the successful launch of its mainnet and the strategic partnership with Google Cloud as a validator. These developments have significantly enhanced the project's security, scalability, and overall appeal to investors. A Bullish Outlook As the highest market capitalization coin in the Real World Assets category, OM (MANTRA) has demonstrated exceptional strength. If the current bullish momentum persists, fueled by positive market sentiment and increased investor interest, the price could continue its upward trajectory. However, it's crucial to keep an eye on Bitcoin's price movements, as broader market trends can influence the performance of individual cryptocurrencies. A Potential Pause Given the rapid ascent, a short-term consolidation or pullback could be on the horizon. As some investors may choose to take profits, the price could retrace to the $3.4 or $3.2 support levels. These levels could present attractive buying opportunities for those seeking to accumulate OM at a discounted price. A Cautious Approach While the current outlook for OM is bullish, it's essential to remember that the cryptocurrency market is inherently volatile. A sudden shift in market sentiment or unforeseen events could lead to a sharp decline. If the price breaks below the $3.2 support level, it could potentially drop further to $2.2 or even $1.6. Conclusion OM's recent surge highlights the immense potential of blockchain technology and its real-world applications. However, it's crucial to approach the market with a balanced perspective and be prepared for both upside and downside scenarios. By staying informed and making prudent investment decisions, investors can navigate the volatile cryptocurrency market and position themselves for long-term success. Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. 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
XRP going to ATH, $18 and maybe even $146 Hey, You know how they say, "Show me the charts and I'll tell you the news!" ??? Well - yeah, it's like that... but, In short … We may soon experience some "negative" news and see a drop in price - GREAT! I believe we can reach $0.15888 maybe in late September/Early Oct of 2022. From there we begin the journey to ATH which is approximately $3.30 - depending on the exchange. I think it will take us until the End of Year to reach this target. However, not too long after that we will reach around $20. Many will think this is the end … but, no - we have just begun and we have higher to go … like $146 and that's a conservative estimate. All in all … I'll probably exit within September of 2023 until the next round. Maybe I missed the mark. From your perspective - what do you see? #XRP $XRP #XRPUSD $XRPUSD
BITSTAMP:XRPUSDLong
by thatsso_ari3000
16
Fasten your seatbelt to 10T$- Everything is in Graphic and simple ( bubbles and fibo ). - Upper trendline from 2018. - This double TOP in 2021 irritates abit but it won't change the future. - how we go and when we go... i don't know. - Cryptos are volatile and super fast. - Where we go... i know. - Around 10T$ MC. - if u want to know why CRYPTOS are super fast, i have an easy answer : - The new generation prefers watch a 30 seconds TikTok Video rather than Youtube 30 Minuts video ! ( think about it and compare to finance ). - What i bet for the TOP of next bull run ? - BTC around 4.5T$ MC. (45%MC) - Altcoins around 5.5T$ MC. (55%MC) Hodl! Happy Tr4Ding !
CRYPTOCAP:TOTALLong
by thecryer
7
$NEAR Ready to Breakout: $10 and Beyond in Sight!CRYPTOCAP:NEAR looks primed for a breakout—monthly and weekly trends are firmly in place. It just needs one more push, and we could see it surge towards $10 and beyond. I’m slowly adding to this position now and plan to accumulate more as it approaches $5. My initial entries were around $3.80, but after patiently waiting, it seems like the breakout I’ve been anticipating is finally on the horizon. Let’s see if it holds the momentum and delivers the move we've been expecting!
Long
by ZelfTrade
ETH/USDT Potential Wave 5 Rally – Targeting $3560 to $3700! 🚀 ETH/USDT Potential Wave 5 Rally – Targeting $3560 to $3700! 🚀 Ethereum has recently completed a corrective ABC structure, retracing from $3449 down to $3016, which appears to have marked the end of Wave 4. Following this correction, ETH seems poised for a breakout on the lower timeframes, which would confirm the start of Wave 5. Key Insights: Wave 5 Formation: After the corrective dip, ETH is set to resume its bullish trend with Wave 5, targeting a minimum extension of 1.272 based on the move from Wave 3 to Wave 4. This suggests a target around $3560 as a conservative estimate, with potential upside reaching $3700. Entry and R/R: With an entry at $3060, the risk-to-reward ratio (R/R) remains attractive, estimated around 5.15 if the breakout completes. This setup offers a favorable trade opportunity with clear upside targets. Price Targets: Wave 5 Minimum Target: $3560 (1.272 Fibonacci extension). Higher Target Zone: $3700 if momentum accelerates. 📈 Conclusion: ETH looks ready to rally into Wave 5 after confirming the breakout. Aiming for $3560+ with an optimal R/R of 5.15, this setup presents a solid opportunity for bulls. Let's see if ETH can ride the next wave up! ⚠️Disclaimer:⚠️ ⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
Long
by RhinoAkaBear
2
XRPUSD has started the cyclical parabolic rally.XRP (XRPUSD) is having this week the strongest 1W candle since July 10 2023. The long-term pattern is a 6-year Triangle (since January 01 2018) and with the weekly rise, it is about to test its top (Lower Highs trend-line). The 1W MA50 (blue trend-line) is supporting this uptrend, which is technically the Cycle's Parabolic Rally. In 1W RSI terms, the current price action appears to be similar with the March 20 2017 and November 2020 break-outs. Note also that as the 1W RSI broke into the overbought (>70.00) territory, this is technically the 1st of two tops, with the second (red circle) marking historically the Cycle's Top. The Sine Waves catch very effectively the current RSI overbought High (green circle) so there is a remarkable frequency between the Cycles, which confirms that we are currently just starting the new rally. We expect to test at least the 1.97500 April 2021 High. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BITSTAMP:XRPUSDLong
by TradingShot
6
why i am confident we will hit $124kas long as we stay above mPOC and VAL weekly i expect the trend to simply continue from where it was during the last breakout. during other bull markets the break to new all time highs led to doubling in price. this is a market that will continue to chop around, but remain bullish as long as there isnt a major crash. the last all time high was in the mid to high LSE:60KS region, so i expect the next top to be in the low to mid $120ks. there is a lot of room to work with to keep this momentum alive for bulls.
BITSTAMP:BTCUSDLong
by cerealindicator
BTCUSD: When its Overbought, this is when you should buy more.Bitcoin has again turned overbought on its 1D technical outlook (RSI = 77.715, MACD = 6007.800, ADX = 49.688) as the price crossed over the top (LH) of the Triangle pattern that had us consolidating for the past 3 days. The 1D RSI is already over the R1 level and that should cause the bullish breakout of the price to accelerate. This breakout happened after the 1H MA100 was tested 3 times and held. As long as it keeps holding, we expect Bitcoin to target the 2.0 Fibonacci extension (TP = 97,000) of the previous LH. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
$ETH reach new ATH $6300BINANCE:ETHUSDT The coin is declining, which is just good for the current market. I expect correction to the zone of 2690-2870, but the best level will be 2773. After the correction, a new growth cycle will begin and will require a breakdown of the resistance level, from which the correction has now occurred. After the breakdown and confirmation of the level, the price will go to reach new heights and update the historical maximum. Prices of 4700 and 6311 are quite achievable with the current market and related news. Follow me for fast Updates by link in signature or bio!
Long
by DirectorTradinga
1
BTC Needs to clear this areaIf Btc cannot clear this level I cannot buy - According to one of my students I am suffering from PTSD from the buys I took yesterday lol I can seriously agree with that if I am being honest, the drop came out of nowhere and the thing with btc is when it starts to move, it really moves.. Now, what I will say say is that when you look at this area I've highlighted (in orange) price is clearly stumbling about this level, having even "broke out" not to long ago but as you can see that definitely wasn't a break out and in fact was a fake out to induce traders to buy. The fact is that btc is stumbling about this area now as it attempts to capture orders for the next move. What the next move will be is still unknown but I believe it will be buys. Why? Just when you look at the lows and how they are behaving, price doesn't like the lows - consistently rejecting the lows and having price be pushed higher and higher each time. What this tells me is that sellers are still not in control and are only being made to believe that they are so that they can inject liquidity into BTC so that it can be used by the buyers. Remember, if market participants are buying, someone has to be there to sell. I will continue to watch it to see if and when it starts to move.
COINBASE:BTCUSDLong
by Brandon_evo4
BITCOIN Riding the 1DMA50 wave is the best strategy you can haveBitcoin (BTCUSD) has had an enormous bullish break-out to new All Time Highs (ATH) following last week's U.S. elections. The past 2 days have seen this massive rally turn sideways and as always a certain part of market participants have started calling for big corrections or even bear markets. Once again we will let simple charting show why this sideways price action is nothing but a short-term and mostly necessary consolidation. ** November 2020 vs November 2024 ** This analysis is a comparison of BTC's October 2020 - April 2021 rally with October 2024 - today. We've made idea regarding those time periods in the past but this time we bring a more aggressive picture on the 1D time-frame. As you can see, on both fractals the 1D RSI started with a Channel Up while the price was still trading sideways/ consolidating within the 1W MA50 (red trend-line) and the Resistance level. That was the first sign of the upcoming Parabolic Rally, which was confirmed after the price broke above the Resistance. BTC formed a Channel Up itself and right now we are on the November Bullish Leg and its consolidation phase (circle) that has been evident on both fractals. The 2020 - 2021 rally lasted for 164 days after November 01 and rose by +395%. ** The key role of the 1D MA50 ** Even if these time and price lengths aren't replicated, the key here for traders and investors alike is this: From October 09 2020 up until April 18 2021, BTC neve closed a 1D candle below its 1D MA50 (blue trend-line). It was the 1D MA50 that fully supported this 6-month rally, giving excellent buy entries for those seeking dip buying opportunities or those who simply wanted to hold onto their BTCs for as high as possible. ** Just ride the wave ** As a result, a viable and confirmed strategy at this stage of the Cycle (if you don't want to trade the volatility and buy low/ sell why) could be to just sell when finally a 1D candle closes below the 1D MA50. This is what we effectively call 'riding the 1D MA50 wave'. So what do you think? Are you prepared to hold until the 1D MA50 breaks, are you willing to buy every time the price gets close to it, or simply have a different strategy at this starge? 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
10
Ripple Is Breaking Bullish TriangleWe talked about Ripple with ticker XRPUSD back on September 12, where we mentioned and highlighted that a larger bullish triangle pattern in wave IV is coming to an end that we may see a bullish breakout for wave V. As you can see today on November 15th, XRPUSD is breaking out of a larger bullish wave IV triangle pattern, which means that wave V can be already underway, especially if breaks 0.95 bullish confirmation level, just watch out on short-term pullbacks. The reason why Ripple could extend higher 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