Cryptolong
DOGE Potential 40% Increase
Current Price Action:
Dogecoin is trading at a critical support zone around $0.39, which previously acted as resistance. After breaking out of a rising wedge, the price retested the support, forming a potential base for another rally.
📈 Why a 40% Increase is Possible:
1️⃣ Strong Support Levels: The $0.38–$0.39 zone shows buying interest, creating a foundation for upward momentum.
2️⃣ Key Resistance Levels: A move above $0.42 could open the path toward $0.55, representing a ~40% increase from current levels.
3️⃣ Market Sentiment: Increased trading volume and positive momentum across the crypto market could further fuel DOGE's rally.
📌 What to Watch For:
Confirmation of support holding at $0.38.
Breakout above $0.42 for bullish continuation.
ETH LONGThe chart shows an accumulation phase near the support level around $3,202.76.
The price action has been ranging, indicating a consolidation period as buyers and sellers are balancing out after taking sellside liquidity.
The area of accumulation is marked in orange, suggesting that this is a critical level where demand could overpower supply, potentially setting up for a breakout.
Key Levels:
Support Level: $3,202.76 (Accumulative Zone)
Target: 6666$
Market Sentiment: Frustration
Disclaimer: Always do your own research and adjust positions based on your risk tolerance.
Will Ethereum reach $8500 ?Ethereum (ETH) has been a focal point in the cryptocurrency world, drawing both admiration and skepticism. As Q4 unfolds, Ethereum has shown remarkable resilience, staying on its intended path despite market fluctuations. This article explores Ethereum's journey, its current standing, and the potential for it to reach the ambitious target of $8,500.
Everyone criticizing Ethereum should take note: ETH is still on track and hasn't deviated from its course. In Q4, Ethereum was never expected to reach new all-time highs (ATH). Despite performing better than anticipated, ETH remains steadfast on its intended path. It exhibited a bearish pattern, forming higher lows and lower highs before stabilizing. It then marked a higher low, established a bear market high, broke through this high, retested it just before Q4, and began its upward trajectory.
Here's how the forecasted ETH pattern looks—believe me, we're still on track. 📈
Ethereum's chart demonstrates a clear path forward, with key indicators suggesting sustained growth. The technical analysis points towards Ethereum reaching significant levels, with the 2.0 Fibonacci extension level being a crucial milestone.
I believe $8,500 is a realistic target for Ethereum, corresponding to the 2.0 Fibonacci extension level. The Fibonacci extension tool is commonly used in technical analysis to predict future price movements based on past price trends. The 2.0 Fibonacci extension level suggests that the price could potentially double from its previous move. In this case, reaching $8,500 fits within the expected range of this extension level, making it a plausible target.
When ETH's price reaches the 2.0 Fibonacci extension level, its market cap will be approximately $625 billion, reflecting a 155% increase. If the price continues to rise and reaches the 2.618 Fibonacci extension level, the market cap would soar to around $859 billion, marking a 214% increase. These levels are calculated based on today's price.
To all the Ethereum doubters out there: Keep talking while ETH keeps building. 📈 Your doubts fuel our progress. Watch and learn! 💪🔥
Ethereum's journey is far from over, and its resilience in the face of criticism only strengthens its position. As it continues to build and innovate, ETH is poised to reach new heights, potentially hitting the $8,500 mark and beyond.
Ethereum's path is filled with potential, and the signs are pointing towards significant growth. With the 2.0 Fibonacci extension level serving as a realistic target, $8,500 is within reach. Whether you're an investor or a skeptic, keeping an eye on Ethereum's progress is essential, as it continues to defy expectations and carve its path in the crypto world.
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!
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!
Alikze »» POWR | Bullish Wave 3 or C Scenario - 1D🔍 Technical analysis: Bullish Wave 3 or C Scenario
📣 BINANCE:POWRUSDT is moving in an ascending channel on the weekly time frame, currently in the upper area of the ascending channel.
🟢 It is currently testing the current supply area, which can continue to grow up to the specified range of 88 cents with the support of the middle of the channel and the green box.
🟢 Considering that it is in the third ascending step or C, it can break the current supply area and continue to grow as wide as the first channel to the second channel.
💎In addition, if the green box area is broken, the blue bar can act as the next support to cause demand.
⚠️If a correction occurs and the green box area is broken, the price should not enter the Invalidation LVL area, in which case the bullish scenario will be invalidated⚠️
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Alikze »» ZK | Ascending Channel - 1D🔍 Technical analysis: The scenario of wave 3 or C super cycles in the ascending channel - 1D
- It is moving in an ascending channel in the daily time frame.
- According to the momentum and bullish guard, it is currently in the middle of the channel, which can continue its rise up to the range of the supply zone if the price breaks 0.1465.
- In addition, if it faces a correction in the middle of the channel, it can face demand again in the golden zone if it returns and continue the upward trend up to the ceiling of the channel and the supply range.
💎 Alternative scenario : In addition, if it faces selling pressure in the area of 0.1465 and the correction occurs quickly, the golden area is probably broken and the correction can continue until the OB area.
💎 Possible scenario:
Therefore, if the correction occurs in a zigzag fashion, it will have the ability to grow up to the specified areas and the bullish scenario can be more likely.
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BINANCE:ZKUSDT
Alikze »» TAO | Scenario 3 or C bullish - 1D🔍 Technical analysis: Scenario 3 or C bullish - 1D
- In the analysis presented in the previous post on the daily time frame, it was noted that the BINANCE:TAOUSDT AI in the supply zone can have two movement paths.
- Considering that the movement cycle in the supply zone ended and had a correction to the green box area.
- Considering the correction in the green box area and the creation of demand in the range, therefore, the previous movement cycle can be considered as wave 1 and the correction in the green box area as wave 2.
💎So with the recent zigzag correction, the BINANCE:TAOUSDT currency can have a movement cycle in the form of wave 3 or C of the bullish super cycle.
💎Considering the behavior and structure of the movement, it is in wave 3 or C of the bullish.
⚠️ In addition, if the price touches the Invalidation LVL area, the bullish scenario is invalidated, the chart should be reviewed and updated again.⚠️
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Six Cryptos Set to Skyrocket! #CryptoScreener🚀 Six Cryptos Set to Skyrocket! 🚀 #CryptoScreener
In my latest video, I dive into 32 cryptos flagged by my #HIGHFIVESETUP screener as potential trade opportunities.
🔍 The Results? We uncovered SIX fantastic H5 trade setups that are ready to soar! Featuring: CRYPTOCAP:AVAX , CRYPTOCAP:LINK , and $BTC.
🔑 The Strategy:
Setup: Identify promising setups with our H5 screener.
Trade: Execute with precision.
Profit: Reap the rewards.
Repeat: Consistently find and act on new opportunities.
📈 Join me on this journey and see which cryptos are primed for massive moves!
Not Financial Advice
PEOPLE/USDT Long Trade on 4h Time Frame: Nearing Final TargetWe entered a long position on PEOPLE/USDT at 0.06377 on the 4th of October. The trade has progressed well, reaching TP 3 (0.08002) and now almost touching TP 4 (0.08385). A trailing stop has been set at 0.06812 to protect gains as we aim for the final target.
Target Points:
TP 1: 0.06761
TP 2: 0.07381
TP 3: 0.08002 (hit)
TP 4: 0.08385 (almost reached)
Trailing Stop: 0.06812
Stop Loss (SL): 0.06067
This trade showcases the accuracy of the Risological Swing Trader in capturing profitable setups with precision—an essential tool for future market opportunities.
We’ll continue to monitor the trade closely as it nears the final target.
Unlocking Potential: Guide to Buying SHIBUSDT on SpotIn this detailed guide, explore the intricacies of buying ShibUSDT on the spot market. We'll cover the essential strategies for timing your purchases, managing risks, and understanding market signals. As Shiba Inu continues to gain traction in the crypto community, this guide will help you navigate the volatility and make informed decisions. Whether you're looking to diversify your portfolio or ride the wave of Shiba Inu's popularity, this guide provides the tools to optimize your spot trading experience.