XRP ☀️ 24-Hour & 1-Week Horizon; Bullish Trend Is On! Mixed trading conditions on the global crypto market in the next 24 hours, with Bitcoin, Avalanche, and Polkadot facing a ☁️ cloudy bearish trend while Ether, Litecoin, Ripple’s XRP, and Cardano bask in the ☀️ bullish sun with upside potential.
Over a one-week horizon, the ☀️ sun is forecasted to shine over most of the crypto universe, XRP included, indicating that a bullish trend is likely, according to ATTMO. However, Polkadot bucks this positive trend with a ☁️ cloudy forecast.
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Cryptolevels
Bitcoin - Major Resistance Zones to trade - CryptocurrencyMajor Levels To Watch
Support Zone : $31,500-$32,00
Major Resistance to break: $35,300
Resistance 2: $39,987
Target 1: $44,000
Resistance 3: $53,880
Currently trading at a large margin above the Ichimoku Cloud.
ETF news could Easily Drive this into the first resistance zone.
Right now we are seeing lower-than-expected volume for this range as many traders are still sidelined waiting for the official ETF launch.
Remember most of the crypto market is correlated to bitcoin in some manner. Pay attention to these levels if you are trading alt coins.
ETH USD IdeaHello, Crypto Warriors! Let's dive into the current Ethereum (ETH) chart. On the weekly chart, we're seeing a bullish range, but on the daily timeframe, there has been a bearish retracement. Given this context, the logical approach has been to consider going long at a 25% discount within the range area, with a stop positioned beneath the zero line.
It's important to acknowledge that the odds are somewhat stacked against you as a trader in these conditions, primarily due to the passage of time and the percentage of the range that has already been traversed. That being said, it doesn't mean we can't envision higher price levels.
What this chart represents is a case study centered around the strong resistance level at 2209. If this level is breached, we could be looking at two potential scenarios: either a liquidation run followed by a reversal or a continuation of the bullish trend.
While we maintain a bullish outlook on cryptocurrencies, it's essential to recognize that there are multiple support levels below, and market makers may not be inclined to leave them untested.
At the moment, our approach is to trade level to level, strategically assessing the market in this environment. If you find value in the levels we've mentioned, or if you'd like more detailed information, please don't hesitate to let us know.
As you embark on your trading journey, we wish you a fantastic weekend and encourage you to find balance between your screen time and the world beyond. Remember, trading is a marathon, not a sprint. Enjoy the weekend and take a breather now and then!
ETHUSD SELL | Day Trading Analysis Hello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity ETHUSD
I still did my best and this is the most likely count for me at the moment.
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BTCUSD Possible further upside!The electronics market is persistently declining, currently at approximately $34,400. Based on the 3-hour chart analysis, the trend line is seen as a strong support level that could drive prices upward in the near future. The immediate hurdle lies at $35,382, and surpassing this resistance is anticipated to bolster Bitcoin (BTC) for further valuation increases.
What are your opinions regarding this analysis? Do you concur?
PEPEUSDTPEPEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline.
These two to gather putting strong bullish confluence for the pair.
What you guys think of this idea
AVAX Under ☁️ Skies: Is it Time to Sell? Bullish sun ☀️ shines over most of the global crypto market, indicating a continued upward trend in the coming 24 hours. Cloudier ☁️ bearish trading conditions linger over Ripple’s XRP, Avalanche, and Binance Coin, signaling a downward trend, ATTMO shows.
Over a one-week horizon, the bullish sun ☀️ will continue to dominate the crypto universe, though Litecoin and XRP may face cloudier 🌥️ conditions and a downward trend.
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BTC & ADA Face a Threatening Cloudy Forecast ☁️ Time to Sell? 🌦️ The global crypto market still has upside potential according to ATTMO, which forecasts slightly bullish trading conditions in the next 24 hours. Binance Coin bucks this positive trend, facing cloudier ☁️ bearish trading conditions.
Over a one-week horizon, Bitcoin and Cardano, are set to face an imminent market correction. A bullish ☀️ sun will, however, continue to shine over Ethereum, Ripple’s XRP and Avalanche over this longer time horizon. Litecoin, Polygon and Uniswap are set to head lower, as they face slightly bearish ☁️ clouds.
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BTC Bitcoin updateWe don't yet have a SELL signal.
However, my custom tweaked indicators are showing we have a pivot point (buy PUTS from) and we have an overbought signal.
I would recommend not getting overly bullish here and or taking some profit's and banking them before you possibly lose them if you've had the right positions for this move UP.
Always best to secure some of these gains while waiting for better confirmation of next moves.
If your LT holder and don't plan on looking at it much over the next 6-18 months, then maybe less of an ordeal to ponder. But for those actually trading this, especially those trading with leverage, even if that means you're using something like OTC:GBTC or some other proxy stock with 1x leverage given by your broker. You should consider de-risking a bit here.
Just my $0.02
Preservation of capital should ALWAYS be on your mind.
XRP ☀️ Outlook; Bullish Trend On? Mixed trading conditions ahead on the global crypto market in the next 24 hours, with Bitcoin and Binance Coin facing slightly bearish clouds. ☁️ This implies a downside risk. The rest of the cryptosphere will see cloudy spells, indicating further upside potential. Ripple, which faces strong sunshine ☀️ , has the most upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin faces tropical 🌦️ trading conditions, which signal that the drawn-out bull market is nearing its end, with an imminent market correction ahead. A bullish sun ☀️ will continue to shine over Ethereum, Ripple, and Cardano, indicating additional upside potential. Smaller coins such as Polygon and Uniswap face bearish clouds, signaling a downward risk ahead. ☁️
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BTC ☁️ - Downside Risk In the Next 24 Hrs; Bears Are Back? Mixed trading conditions ahead on the global crypto market in the next 24 hours, with Bitcoin and Binance Coin facing slightly bearish clouds. ☁️ This implies a downside risk. The rest of the cryptosphere will see cloudy spells, indicating further upside potential. Ripple, which faces strong sunshine ☀️ , has the most upside potential, according to ATTMO.
Over a one-week horizon, Bitcoin faces tropical 🌦️ trading conditions, which signal that the drawn-out bull market is nearing its end, with an imminent market correction ahead. A bullish sun ☀️ will continue to shine over Ethereum, Ripple, and Cardano, indicating additional upside potential. Smaller coins such as Polygon and Uniswap face bearish clouds, signaling a downward risk ahead. ☁️
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Fomo Purchases and Late LiquiditySolana.. abrupt pullback at Key Level to gather liquidity?
Jumping in front of a Freight train is no fun so it's particularly risky going countertrend the market when there is Momentum on the Higher timeframes. Understabding the risks involved is necessary when trading fakeouts. Fakeouts occur more often then not and that is because of lack of attention to detail, laziness, and ignorance may likely play a role.
Short term targets are 30.19 and 29.07 daily levels
$NMR Performed Bullish Symmetrical What is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
$AVAX Performing Falling wedge in 1DEURONEXT:AVAX Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
🌞 Shining on DOGE! Rebound Imminent? Mixed trading conditions over the global crypto market in the next 24 hours. 🌤️ Slightly bullish sun, indicating upside potential, is shining over Dogecoin and Bitcoin. Scattered bearish clouds obscure the sun over the other altcoins, implying a downside risk.🌦️
Over a one-week horizon, the 🌞 bullish mood will return, with the sun shining over most crypto tokens. Bearish clouds will linger over Avalanche, Binance Coin, and Polkadot, 🌧️ ATTMO shows.
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ETH Slightly Bullish 24-Hours 🌤️, Clouds In One Week? ☁️Mixed trading conditions ahead on the global crypto market, with Bitcoin facing ☁️ cloudy bearish skies with downside risk while Ether should benefit from some slightly bullish sun with upside potential in the next 24 hours. 🌤️
Over a one-week horizon, the trading conditions remain mixed, according to ATTMO.
Slightly bullish sun will shine on Bitcoin, Cardano and Avalanche 🌤️, while Ether, Ripple’s XRP and Binance Coin will face ☁️ slightly bearish clouds. Polkadot may even face 🌧️ rain, signaling a very bearish market with downside risk.
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