TradeCityPro | SEI: Tracing the Ascending Trend Lines👋 Welcome to TradeCityPro! In this analysis, I'm going to delve into the SEI coin, with an examination across weekly, daily, and 4-hour timeframes.
📅 Weekly Timeframe: Approaching the Ascending Trend Line
In the weekly timeframe, we are witnessing a strong upward trend that has moved up to 0.9856, then retraced to the support at 0.2477, forming an ascending trend line. Currently, after reaching a high of 0.6957, it has pulled back to this trend line.
📊 The market volume is currently in favor of buyers and the upward trend, with the price maintaining a bullish nature. If it breaks and consolidates above the resistance at 0.9856, a significant upward momentum will enter the market, likely pushing the price to set new ATHs.
🚀 For higher targets for a new ATH, it's best to wait until the price first breaks the ceiling of 0.9856 and then determine the significant ranges based on the corrections made.
📉 If the trend line breaks, the first trigger for a potential breakdown would be at 0.3423, considered a risky trigger in this timeframe, and the main downtrend will begin after breaking 0.2477. This could even lead the price to drop as low as 0.1026.
📅 Daily Timeframe: Ready to Move
In this timeframe, as seen, the price has reacted to the weekly trend line, piercing through it in today’s candle and rising from the support at 0.3642. This area is a significant support level and has previously seen a robust upward trend to 0.7082 after a fake breakout.
🧩 Currently, the volume of the last bearish leg is decreasing, and with the appropriate bullish momentum entering, the price could be supported again from this area. The first trigger for a breakout would be 0.4714, and breaking the 50 in the RSI would confirm the entry of bullish momentum.
📉 If the trend line and the 0.3642 support break, bearish momentum could enter the market, potentially driving the price towards the 0.2615 support. Since the selling volume is decreasing, it’s challenging to determine a definite bearish target, so it’s better to wait for a clear bearish momentum to see how low the price could go after breaking 0.3642.
⏳ 4-Hour Timeframe: Futures Triggers This timeframe shows a descending channel that isn’t very clean, with the price having already made a fake breakout at the bottom. Currently, the price hasn’t reached the top of the box and is pulling back to the mid-line of the channel after reaching the box’s bottom again.
✨ For short positions, there appears to be more momentum in the market, and the trigger for this position is at 0.3697. However, this support isn’t precisely determined yet, so it's better to wait for the price to reach this area again and react before setting a new definite support level. The next trigger would be at 0.3365, with a break of 30 in the RSI serving as a good confirmation.
📈 For long positions, it’s advisable to wait until the price breaks the channel and bullish momentum enters the market. The first trigger for a long position would be breaking the resistance at 0.4738. However, if you wish to take a riskier position within the channel, breaking the trigger at 0.4233 could be appropriate.
📝 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! ❤️
Cryptomarket
Trump Coin Price Action Outlook:Short-Term Dip,Long-Term BullishCurrent Market Analysis:
Based on recent market behavior and technical indicators, it appears that Trump Coin (TRUMP) is poised for a brief pullback before resuming a significant upward trend. Price action suggests that the coin may experience a temporary dip to the $30 - $40 range, likely driven by broader market fluctuations or profit-taking from recent highs.
Short-Term View:
The expected retracement to the $30 - $40 zone could present a potential buying opportunity for those looking to enter at a discount before the next wave of bullish momentum. The strong support in this price range is supported by both historical price levels and key technical indicators such as the Relative Strength Index (RSI) and Fibonacci retracement levels, which indicate the likelihood of a reversal from these areas.
Long-Term Bullish Outlook:
Following this consolidation phase, I anticipate a sharp rebound, with Trump Coin aiming to rally towards the $100 mark. This bullish projection is based on ongoing market adoption, positive sentiment surrounding the coin’s unique narrative, and strong fundamentals that suggest a sustained upward trajectory over the next few months.
Key Levels to Watch:
Support Zone: $30 - $40
Resistance Zone: $100
Conclusion:
While a short-term dip is likely in the cards for Trump Coin, the long-term outlook remains highly bullish, with potential for significant gains as the market regains confidence and buyers step in at key levels. Traders should keep an eye on the support zones for potential entries, while managing risk with appropriate stop-loss levels.
Bullish Sentiments StrengthenBullish Sentiments Strengthen: Analyzing the Order Book and Key Levels
The crypto market often gives subtle signals that reveal the battle between bulls and bears, and the order book is one such powerful tool. Currently, the order book data suggests that bulls are actively dominating, indicating a potential continuation of the upward trend.
Interestingly, the market exhibited similar bullish activity at the same time yesterday, adding weight to the ongoing momentum. However, a critical level to watch is the previous day’s high. If the price manages to break this level and sustain above it, it would serve as a strong confirmation for bullish trend continuation.
Traders should remain cautious and look for sustained strength beyond the breakout to avoid potential false signals. Keeping an eye on volume spikes and order book imbalances can provide further confirmation of market sentiment.
In conclusion, the market is signaling bullish activity, but a decisive move beyond the previous day’s high will be the key factor to solidify a long-term uptrend.
TradeCityPro | INJ: Navigating the Waves of the DeFi Landscape👋 Welcome to TradeCityPro!
In this analysis, I'm going to review the coin INJ, which belongs to the Injective project, one of the intriguing networks in the DeFi sector. This coin has seen significant growth in recent years.
📅 Weekly Timeframe: Reaccumulation Box?
In the weekly timeframe, we observe a very strong and powerful upward trend full of bullish momentum that started from 1.2, even breaking the ATH to establish a new ceiling at 41.81.
🔍 Currently, after reaching 41.81, the price has pulled back to the support at 16.18 and formed a box between these two areas. The support at 16.18 overlaps with the 0.236 Fibonacci area, and we can also see an ascending trend line that coincides with this level, forming a PRZ that has so far supported the price.
🚀 If the resistance at 41.81 is broken, we can say that the long-term range box was a Reaccumulation phase, and the price could move towards targets of 135 and 494. However, it's important to note that this coin's market cap is currently $2.15 billion, and reaching a target of $494 would require it to enter the top ten coins by market cap, which might be challenging.
🔽 In case of further price corrections, there are solid supports available. If 16.18 breaks, the next Fibonacci support at 0.382 is around $10, and another substantial support is at $5.8.
🧩 Additionally, the RSI is boxed between 38.77 and 63.27, and breaking either boundary could significantly influence market momentum in that direction.
📅 Daily Timeframe: More Details
In the daily timeframe, we can see more details of the range box formed.
✨ The price is currently near the weekly trend line and has reacted to this area in this timeframe as well. The first resistance is at 26.75, and breaking this area could be a trigger for entering a long position or buying in spot. A break of 58.26 in the RSI would be a good confirmation.
🛒 The next buying trigger is at 34.76, which is more secure, and simultaneously breaking significant resistances in the TOTAL could drive the price towards higher targets.
⚡️ The most important resistance is at 45.32, and I suggest maintaining a long position before the price reaches this area as there is a high chance of a euphoric break. However, this area is a strong supply zone and could potentially push the price back down to the range box's floor.
📉 For short positions, we should first wait for the trend line to break. In this case, the first trigger is a break at 19.44, and the main trigger is breaking the support at 16.04.
📊 Regarding volume, I cannot provide much insight as both the market and volume are ranging, and specific data cannot be derived. However, it's evident that if volume increases in any direction, market momentum will likely follow.
⏳ 4-Hour Timeframe: Futures Triggers
Let's dive into the short-term triggers suitable for futures trading.
🎲 Given that the market has been range-bound in the weekly timeframe for a prolonged period, it has lost momentum. In this timeframe as well, the price remains confined within a range box.
📈 Long Position: You can enter a long position if the price breaks above 25.43. The target for this position would be 34.76. This is a solid trigger and, if aligned with Bitcoin's movements, could introduce bullish momentum into the market.
🔽 Short Position: For shorting, the only current trigger is at 18.82.The RSI oscillator and the SMA indicator cannot be relied upon for confirmation in this scenario, as the market lacks any trend or momentum.
🧲 As mentioned, the trading volume remains range-bound. Upon breaking any trigger level, the volume should increase in the direction of the breakout.
📝 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! ❤️
Alikze »» LINK| Bullish Wave 3 or C Scenario🔍 Technical analysis: Bullish Wave 3 or C Scenario - 1D
📣 BINANCE:LINKUSDT currency on the daily timeframe touched its targets in accordance with the analysis presented earlier, the scenario of the first of 3 bullish waves.
🟢 Chainlink touched its target after breaking out of the short-term descending channel.
🟢 It is currently in the supply zone on the daily and weekly timeframes.
💎Given the bullish momentum, this bullish leg, after breaking the supply zone, will have the ability to grow to the large supply zone of $60-$100.
💎In the first step after breaking the supply zone, the target will be $38 and $55.
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BTC at major Resistance Zone? Will it drop to 102,100 $?COINBASE:BTCUSD is trading in a robust resistance zone that aligns with prior price rejections and key supply levels. This area has in the past attracted strong selling interest, making it a critical point to watch.
If bearish confirmation appears, such as strong upper wicks or bearish candlestick patterns, I anticipate a move toward 102,100. Conversely, a break above this level could signal further upside and invalidate the bearish setup.
Traders should carefully evaluate price action at this zone before entering positions. Do you see this playing out similarly?
Let’s discuss in the comments below!
TradeCityPro | LTCUSDT Potential Approval of ETFs👋 Welcome to TradeCityPro Channel!
Let’s delve into the analysis of LTC, one of the oldest coins in the market. Recently, there have been rumors about its potential inclusion in ETFs, which could attract a good amount of capital and lead to promising movements in the future.
🌐 Overview Bitcoin
Before starting today’s altcoin analysis, let’s look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday’s correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
In the weekly timeframe, Litecoin’s chart reminds me of forex charts because it’s one of the oldest coins that has survived and spent a significant amount of time in a ranging market.
As a reminder, don’t develop emotional attachments to your coins. Don’t assume that any coin is guaranteed to rise. We are here to trade and improve our lives through trading. The chart is what matters. Many coins that were in the top 10 during previous bull runs no longer exist, and Litecoin remains due to its role as a payment coin.
If you entered at the 75.91 breakout trigger, I suggest holding your position for now. It seems like the news of ETF approval is being priced in, but be aware of the risk and continue holding. Breaking the 135.55 trigger will be challenging.
For a new buy entry, the current trigger is the 135.55 breakout. Until the price drops below 47.19, holding is a viable option. Personally, I wouldn’t buy into it, as even the founders of this project seem to have abandoned it.
📈 Daily Timeframe
In the daily timeframe, Litecoin shows an upward trend. After breaking the 74.72 resistance (the top of its daily box), it moved far from it without even a pullback, indicating its relative strength compared to other altcoins.
Following the 74.72 breakout, the price reached the critical weekly resistance of 136.97 and then corrected to 97.91. Drawing a Fibonacci retracement reveals that the 97.91 support aligns with the 0.382 Fibonacci level. A breakout from this level could spark a sharp new upward movement.
Currently, the price is below the critical 136.97 resistance. Buying after a breakout here would be logical and worth the stop-loss risk. Given the recent strong volume, a breakout above 136.97 with a stop-loss at 97.91 is a reasonable entry strategy.
In case of a drop, the price could pull back to the 116.76 level initially and potentially further to 97.91. However, momentum would likely weaken at this point. If 97.91 breaks, deeper corrections could occur, targeting 83.53 and 74.22, though a drop below 97.91 seems unlikely for now.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, after a false breakout below the 97.91 support, Litecoin began a sharp upward movement, shifting its cyclical trend in this timeframe.
📈 Long Position Trigger
I plan to open a futures position after a breakout above 137.99 or earlier if I observe strong momentum. I’ve partially locked in profits from my entry at 104.95.
📉 Short Position Trigger
I won’t consider it as long as the price stays above 115.42 unless the price forms lower highs and lows. Even then, I’d focus on coins still in their daily range boxes rather than those with an upward trend like this one.
📝 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! ❤️
ELONUSDT Trade LogBought some ELON, took the leap,
A moonshot dream, in charts so deep.
To the stars, it’s set to fly,
Hold tight, let the profits rise high.
Through the dips, I’ll stand my ground,
With each new wave, more gains are found.
In the space where rockets zoom,
ELON’s the ticket, to break the gloom.
Alikze »» DOGE|Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
📣 BINANCE:DOGEUSDT
🟢 It is moving in an ascending channel that has had positive reactions to the trend line several times.
🟢 It is currently in the important area of 39 cents. If the price can stabilize above the 39 range, it can touch the nearby targets of 43 and 48 cents.
🟢 Therefore, by stabilizing in the 39 cents area, it will be able to break the supply area for the mentioned nearby targets.
💎 BINANCE:DOGEUSDT in the weekly timeframe:
💎Considering that in the weekly timeframe, Dogecoin has succeeded in breaking the triangle density, therefore, Dogecoin can continue its growth in this upward rally to the height of the triangle, which this growth from the golden area of the previous wave can touch the target of the previous major ceiling and the $ 1.2 range.
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APT/USDT – Bullish Momentum in Play, Entry at $7.90, Target $20APT/USDT is showing strong bullish momentum, supported by positive market sentiment and technical indicators. A breakout above key resistance levels has confirmed a bullish trend continuation.
Entry Point:
The ideal entry for this long trade is around $7.90, offering a favorable risk-to-reward ratio. This level provides solid support from previous consolidation.
Target:
The upside potential remains significant, with the primary target set at $20. This is based on Fibonacci extensions and key resistance zones from historical price action.
Stop Loss:
Consider placing a stop loss just below AS is mention on chart to manage risk effectively in case of a trend reversal.
This setup offers a promising opportunity with a strong risk-to-reward ratio. Monitor market conditions closely for any shifts in momentum.
Happy trading!
SOLUSDT Ready to Soar? Wave 5 Points to +30 % Upside PotentialHey Realistic Traders, Will BINANCE:SOLUSDT Create New All-Time High? Let's dive into the analysis...
Analyzing Solana's (SOLUSDT) price movements using Elliott Wave Theory indicates the potential for a significant upside in Wave 5. Wave 3 previously extended beyond the 1.618 Fibonacci extension, classifying it as an extended wave. Following this, Wave 4 retraced approximately to the 0.618 Fibonacci level, forming a falling wedge pattern, which is a bullish signal.
The breakout from this falling wedge on the 4-hour chart, combined with a bullish divergence in the MACD indicator, suggests the possible initiation of Wave 5. However, as Wave 5 is expected to be a standard wave rather than an extended one, its movement may be relatively limited compared to the high of Wave 3.
Based on these technical signals, the price is projected to rise toward the $302.46 target , provided it holds above the critical stop loss level of $175.28.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
"Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Solana".
Alikze »» ETC | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
BINANCE:ETCUSDT In the daily timeframe, according to the analysis presented earlier , it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.
- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.
💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.
⚠️ In addition, in the bullish scenario, the Invalidation LVL zone should not be touched. ⚠️
💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.
Alikze »» AI| Bullish Scenario - 1H🔍 Technical analysis: Bullish Scenario - 1H
📣 BINANCE:AIUSDT
🟢 If this price reversal meets support and reversal to the green box area and the Invalidation LVL bar is not touched. The currency correction is complete.
🟢 In the medium term, it will be ready to continue the upward rally.
🟢 If the area is touched. The correction will continue, which in the higher time frame can continue to the bottom of the ascending channel and the blue bar of the 0.39 range and be ready to continue the upward trend by forming a reversal pattern.
💎 The second scenario, if the Entry Area area is touched, it can have an upward trend in the short term by creating demand.
💎 In addition, if the Entry Area is broken, there is a possibility of further correction.
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Bull Flag on BTC Daily!!!The cryptocurrency market is once again at the edge of a seismic shift. Following the recent uptrend, Bitcoin (BTC) has established a formidable Bull Flag on the daily chart. By utilizing a trend-based Fibonacci extension on top of the current Bull Flag, we can identify the coveted 'golden pocket' positioned at $126,000, with the subsequent target level at an impressive $185,000.
If historical patterns hold true, this year is set to be another record-breaking period for Bitcoin and the broader crypto market. Investors and enthusiasts alike should prepare for a potentially parabolic movement. Fasten your seat belts, an exciting journey awaits.
TRUMPUSDT - A coin with most hype, what's next??#TRUMPUSDT - as you know that coin getting hype on his first day and breaking the record volume.
now on technical point of view 49 is the key level for now and if market stay above that there is another upside leg expected.
don't be lazy here and keep in mind that below 49 we will go for cut n reverse on confirmation.
good luck
trade wisely
BINANCE VALID BULLISH SYMMETRICAL TRIANGLEBINANCE:BNBUSDT Good Afternoon trader, my UPDATE idea for BNBUSDT. 4H on 19/01/2025.
We got a valid triangle pattern in binance price action because the price did not break through at $729,97 price area . If we observed carefully, 5 waves (W1-W5) will formed in this information, which is related to the Elliot Wave theory.
So my prediction the price will continue get the support triangle at $675,30 area price before continue bullish to break the pattern.
Please discuss about this thing, comment on below
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.
TradeCityPro | MNT: Layer 2 Project's Market Movements👋 Welcome to TradeCityPro!
In this analysis, I will review the coin MNT, a layer 2 project that has experienced significant growth in recent months.
📅 Weekly Timeframe: Engaged with ATH Ceiling
In the weekly timeframe, as you can see, there is limited data, and since the inception of this coin, it has created a significant ceiling at 1.4264, which it has touched twice and is currently being rejected from again.
🧩 The main supports are at 0.5450 and 0.3278. The SMA25 also acts as dynamic support. Due to limited data in this timeframe, it's better to move to the daily timeframe for a more detailed chart analysis.
📅 Daily Timeframe: Beginning of the Next Correction Wave
In the daily timeframe, we observe a strong upward trend starting from a low of 0.5450, reaching up to 1.3997, and forming a range box between 1.0861 and 1.3997.
🔽 Currently, the price is breaking the floor at 1.0861. This area is critical as the price has historically reacted to it, and it coincides with the 0.382 Fibonacci level. If this floor breaks, the price could move towards the 0.618 and 0.786 Fibonacci levels.
✨ The RSI oscillator, with its break below 50, has activated a negative divergence in the market, and with the increasing volume of sales, the likelihood of starting the next correction wave is high.
🛒 If the price returns above 1.0861, the trigger at 1.3997 will be suitable for buying in spot. Otherwise, you should watch for the price reaction to upcoming supports.
⏳ 4-Hour Timeframe: Futures Triggers
In the four-hour timeframe, I will only examine futures triggers.
🔼 For long positions, the first trigger is 1.1478, which has shown to be a strong level as the price has already pulled back to it once, highlighting its importance. If this area and 54.85 are broken, more bullish momentum will enter the market, potentially moving the price towards the main resistance at 1.3997.
📉 For short positions, the first trigger is 1.0311, which the price has already reacted to. If the price consolidates below this area, we can expect it to reach 0.8718. Additional triggers might include Dow Theory and breaking lower lows for further positions.
📝 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! ❤️
BTC ANALYSIS👑 #BTC Analysis :
🔮 As we can see that there is a breakout of trendlind in daily timeframe in #BTC. We would see a bullish movement after a small retest.
⚡️What to do ?
👀Keep an eye on #BTC price action. We can trade according to the chart and make some profits. ⚡️⚡️
#BTC #Cryptocurrency #Breakout #DYOR