Cryptomarket
BTC Shows Bullish Momentum with Potential for Explosive RallyMarket Overview:
Bitcoin's price action has turned increasingly bullish, making higher highs since late August, signaling a notable shift in momentum.
The $50,000-$55,000 support zone held strongly in early September, followed by a formation of a higher low, indicating strong buyer interest.
Key Levels to Watch:
Resistance: $70,000-$72,000
Potential Target: $100,000 to $120,000
Outlook:
If Bitcoin successfully clears the $70,000-$72,000 resistance level, we may witness an explosive rally, possibly leading Bitcoin to reach new heights between $100,000 and $120,000.
Given Bitcoin's historical tendency to lead the cryptocurrency market, a breakout could initiate a new altcoin season, driving further gains across the broader crypto market.
#Bitcoin #BTC #CryptoMarket #BullishMomentum #AltcoinSeason
BTC reacting at trend line on Daily TFPA touched the trend line that I've been anticipating for the past few days and now showing a nice reaction. This could potentially be the beginning of the retrace on the daily TF that I've been waiting for. There is also the possibility of a minor retrace then continue momentum upwards, if that happens, I'll jump into market longs at semi-large positions.
However, if it does retrace from here, I've marked the potential reversal points in yellow circles for reference. Trade safely!
*Summary: I'm currently bearish during this retrace until PA proves that the momentum continues upwards.*
HNT 100% upside as a near term trade, target price $11.0Helium has strong fundamentals, with tangible products and projects positioning it as a potential leader in the DePIN space. On the technical front, it appears the ABC corrective waves are complete. If HNT experiences another set of ascending waves with a similar magnitude as before, the price could easily reach $11.
Reviving Momentum: Is $SOLANA Poised for a Breakout?There seems to be some life returning to $SOLANA. I’m glad it held the $134 zone and has finally broken above the weekly block, even if just slightly. We want to see it move much higher towards the 2022 open to have a chance at new highs.
For now, it’s still "trying" to escape the consolidation phase from August but needs to move away from this 9-month range.
A final leg towards new highs could reignite the meme sector. I’ve mentioned buying betas like NASDAQ:RAY , LSE:JUP , and CRYPTOCAP:JTO , as these are likely to outperform $SOLANA, so keep an open mind about the level of risk to take.
______________________________________________________________________________
The weekly chart is showing a weak but at least a bullish signal for the first time since May 2024.
This is not a bad spot to add a "little" exposure and continue to accumulate on dips.
Alikze »» GRT | Wave 3 or rising C scenario - 1W🔍 Technical analysis: Wave 3 or C scenario in the ascending channel - the target of the previous major ceiling - 1W
- In the previously presented analysis , a bearish flag pattern was observed, after which the BINANCE:GRTUSDT currency entered a correction phase, which was completed by the size of the correction flag bar in the Buyer Zone box.
- As can be seen, the weekly and daily timeframe is moving in an upward channel.
- Currently, a descending channel has been formed inside the ascending channel, the descending flag pattern has been completed in the Buyer Zone.
- Now, according to the current momentum, it can touch the neck line area in the first step.
💎 In addition, an AB=CD pattern has been formed, and the above modification is a response to the mentioned pattern.
- So it can include a motivational wave in the form of wave 3 or bigger C, which can crown the previous major ceiling.
⚠️ Note: It should be noted that if the bottom area is touched before, the ascending scenario will be invalidated and must be updated again.⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:GRTUSDT
Alikze »» ENS | Corner pattern formation - 4H🔍 Technical analysis: Corner pattern formation - 4H
- It is moving in a corner pattern in the 4-hour time frame.
- Due to the formation of the Double Bottom pattern, higher floors and higher ceilings have been formed in the range of 15.80.
- Therefore, it can continue its growth with pullback to the range of 17.50 to the dynamic trigger and form a newer ceiling.
- In addition, with the failure of the dynamic trigger, it can continue to grow until the supply area.
💎 Alternative scenario:
If the green box is broken sharply, it can continue its dynamic correction (origin of movement) until the bottom of the trigger.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:ENSUSDT
Alikze »» ALPHA | Movement in the descending channel🔍 Technical analysis: Movement in the descending channel
- In the 1D and 1W time frames, it is moving in a descending channel.
- It has encountered support in the range of the green box.
- Due to the change in structure and behavior in the 1D time frame, it can have an upward movement up to the limit of the ceiling of the descending channel.
💎 If the current rising wave is accelerated, after hitting the first supply area which is the neck line of the previous corrective wave, it can continue the upward trend after a temporary correction to the next supply area.
⚠️ In addition, if the floor of the previous range is touched, the bullish scenario will be invalidated and must be reviewed and updated again.⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:ALPHAUSDT
IMX ANALYSIS📊 #IMX Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout🧐
Pattern signals potential bullish movement incoming after the confirmation of breakout and a small retest📉
👀Current Price: $1.640
🚀 Target Price: $2.560
⚡️What to do ?
👀Keep an eye on #IMX price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#IMX #Cryptocurrency #TechnicalAnalysis #DYOR
ETH Resistance Zone to Watch: Short Opportunity?In the 30-minute time frame, ETH hasn’t yet returned to the pink resistance zone, but when it does, sellers could come back, potentially offering a good shorting opportunity. This resistance zone has held strong in the past, and a rejection at this level could lead to a bearish move. Keep an eye on the price as it approaches this zone for a possible short setup.
Critical Moment for $BTC: Last Chance for Entry or Path to Doom?Massive Level for CRYPTOCAP:BTC
As things stand, we’re at a crucial point for a higher low and a complete validation of the weekly bearish BMS. We need some demand to step up in the 56-60k region to propel us to "Valhalla" and set the stage for a strong end to the year.
Be aware that if we drop below 58k, it could pose significant risks for a bullish outlook. This is the moment to act and take a stand at these prices!
Keep your bids around the mid-59k range in case it dips that low. The trade is active and rolling!
120k #BTC Sooner than later..... No matter how i chart #BTC the 120k to 130k price level is my target For the next year. Technical stand point BTC moves always seem to be calculated This chart is back to the basics and pretty simple Pure market structure. What are your thoughts? This is also why im not ruling out another trip to 40K. But for now........ I think we may take a crack at 72k
Alikze »» CATS | Wave 3 or C bullish scenario - 2H🔍 Technical analysis: Wave 3 or C bullish scenario - 2H
- In the 2H time frame, it is moving in an ascending channel, which is recently seen in the 0.38 Fibo retracement range of the previous wave of a morning star candlestick pattern.
- Therefore, if the Fibo range is not broken, it can have an upward wave according to the current momentum up to the middle range of the channel.
💎 In the future, with the continuation of the upward pattern, it will have the ability to reach the supply range.
⚠️ In addition, if the bottom of the previous wave is touched, the bullish scenario will be invalidated. ⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
KUCOIN:CATSUSDT
DEEP Altcoin on the rise - more gains ahead?At this time, DEEP, a SUI supporting coin is one of the strongest Altcoins in the market.
With BTC at key breakout level, DEEP/USDT could lead to further gains and continue it's trend higher, if it will not break lower. Given the momentum in DEEP, I think we can see 0.1 by the end of the week and further gains in a longer time period.
Always enter at your own risk and remember that investing and trading is risky.
DEEP remains strong.
DEEP/USDT strongest Altcoin - more gains to come?At this time, DEEP, a SUI supporting coin is one of the strongest Altcoins in the market.
With BTC at key breakout level, DEEP/USDT could lead to further gains and continue it's trend higher, if it will not break lower. Given the momentum in DEEP, I think we can see 0.1 by the end of the week and further gains in a longer time period.
Always enter at your own risk and remember that investing and trading is risky.
DEEP remains strong. Because they buying - I am buying.
After all, deep pockets buy deeeeeeeep.
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.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:ZKUSDT
Altcoin Market Signaling Potential Bullish Run to $1 TrillionTotal Alt Coins Market Cap analysis update
After a significant upward movement in the market cap, consolidation within a descending channel or flag suggests a period of profit-taking and market indecision, though the overall structure remains bullish. The market is approaching the upper resistance of the flag, signaling the potential for a breakout. Once the breakout is confirmed, a bullish move can be expected. Based on historical price action and technical patterns, the next major target post-breakout could be around $1 trillion before end of 2024.
Alikze »» GMX | Ascending Channel - 1H🔍 Technical analysis: Ascending Channel - 1H
- It is moving in an ascending channel in the one-hour time frame.
Due to the formation of a Double Top pattern in the range of 24 dollars, it has faced selling pressure.
Therefore, it can face demand by continuing the correction in the OB area of 22.40 or by pulling back to the previous ceiling.
- So, in the case of a pullback to the previous ceiling and the OB zone of $22, it can face demand and continue its growth up to the supply range of $25.
🟩 Support ranges: 22.27 - 22.40
♻️ Return zone: 21.68
⛳️ TP: 23.44 - 24.20 - 24.60 - 25 -25.40
⚠️ In addition, if it penetrates and stabilizes below the range of 21.68, the bullish scenario will be invalid. Therefore, as long as the candles are above the range of 21.68, the upward trend can continue. ⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:GMXUSDT
Diversify Your Crypto InvestmentsCryptocurrency markets are known for their volatility, where prices can rise and fall dramatically within a short period. To manage the risks and capitalize on potential gains, diversifying your cryptocurrency portfolio is crucial. Just as in traditional investing, spreading your investments across different crypto assets helps reduce exposure to extreme price movements in any single asset and ensures you can benefit from the growth of various sectors within the market.
In this idea, we’ll explore the concept of crypto diversification, the importance of spreading risk, and a recommended percentage allocation for building a balanced portfolio across Bitcoin, Ethereum, altcoins, and meme coins.
Why Crypto Diversification Matters
Risk Management: Cryptocurrencies are notoriously volatile. By diversifying, you reduce the risk of one asset dramatically impacting your portfolio. If one cryptocurrency underperforms or crashes, others might perform well enough to offset potential losses.
Exposure to Different Technologies: The cryptocurrency space is vast, with Bitcoin leading as a store of value, Ethereum as a smart contract platform, and altcoins offering innovations in areas like decentralized finance (DeFi), NFTs, and blockchain scalability. Diversification allows you to participate in the growth of these different technologies.
Hedge Against Market Swings: Different cryptocurrencies may react to market conditions in various ways. For example, during market corrections, Bitcoin and Ethereum might drop less sharply than smaller altcoins or meme coins. A diversified portfolio allows you to hedge against such market swings.
Suggested Crypto Portfolio Diversification
When it comes to diversifying your crypto portfolio, a strategic approach can help you balance between established coins, emerging altcoins, and more speculative assets. Here’s an example of a diversified crypto portfolio with percentage allocations:
1. 50% Bitcoin (BTC)
Bitcoin is often referred to as "digital gold" and is considered the most stable and established cryptocurrency. As the largest cryptocurrency by market capitalization, it has the least volatility compared to altcoins and meme coins. A 50% allocation to Bitcoin provides a solid foundation for your portfolio, acting as a safer hedge in the volatile world of crypto.
2. 20% Ethereum (ETH)
Ethereum is the second-largest cryptocurrency and the leading platform for decentralized applications (dApps), smart contracts, and DeFi protocols. With its growing ecosystem and the shift to Ethereum 2.0 (which promises greater scalability), Ethereum offers significant growth potential while maintaining more stability than smaller altcoins. A 20% allocation in Ethereum allows you to participate in the innovation and expansion of decentralized finance and other blockchain applications.
3. 25% Altcoins:
Altcoins are any cryptocurrencies other than Bitcoin, many of which offer unique technological innovations. For this part of the portfolio, you could include assets such as SOL, FET, INJ, UNI, LINK, etc.
Allocating 25% of your portfolio to altcoins offers exposure to innovative technologies with potentially high returns, though they come with higher risks compared to Bitcoin or Ethereum.
4. 5% Meme Coins (DOGE, SHIB, etc.)
Meme coins like Dogecoin (DOGE) or Shiba Inu (SHIB) are speculative assets that often gain value due to community support, social media hype, or celebrity endorsements. They are extremely volatile, with the potential for short-term gains but also significant risks. Keeping only 5% of your portfolio in meme coins ensures you don’t overexpose yourself to their high volatility, while still allowing you to benefit if these coins surge in value.
Example of a Diversified Crypto Portfolio Allocation
Let’s assume you have $10,000 to invest in cryptocurrencies. Here's how you might allocate your funds based on the diversification strategy above:
$5,000 in Bitcoin (50%)
$2,000 in Ethereum (20%)
$2,500 in Altcoins (25%)
$500 in Meme Coins (5%)
This allocation offers a balanced approach, giving you exposure to the relative safety of Bitcoin and Ethereum while also allowing you to take advantage of the potential high growth from altcoins and meme coins.
Why This Allocation Strategy Works
- Stability with Growth Potential: With 50% allocated to Bitcoin and 20% to Ethereum, you are investing in two of the most established and widely adopted cryptocurrencies. These are often seen as the "safer" options in the crypto world, and their long-term potential is generally considered strong.
- Exposure to Innovation: The 25% allocation to altcoins provides exposure to emerging sectors like DeFi, AI, and blockchain interoperability. While altcoins tend to be more volatile, they offer significant growth potential if their underlying technologies gain widespread adoption.
- High-Risk, High-Reward: The 5% allocation to meme coins adds a speculative aspect to the portfolio. Meme coins have a history of spiking in value, often due to online hype. Although risky, keeping a small portion of your portfolio in these assets can offer the opportunity for outsized gains while limiting your risk.
Key Tips for Managing a Diversified Crypto Portfolio
- Rebalance Regularly: The crypto market is highly volatile, and the value of different assets can fluctuate dramatically. Periodically rebalance your portfolio to ensure that your allocations remain aligned with your goals. For example, if the value of your meme coins spikes, they might occupy a larger percentage of your portfolio than desired. Rebalancing ensures that you take profits and stick to your original diversification strategy.
- Do Your Own Research (DYOR): While diversification helps mitigate risk, it's essential to research the coins you're investing in. Don’t blindly invest in an asset just because it’s trending. Understand the project, its use case, the team behind it, and its long-term potential.
- Avoid Over-Diversification: While diversification is important, spreading your investments too thin can dilute your returns. Focus on quality projects rather than trying to invest in every available cryptocurrency.
- Have a Long-Term Mindset: The crypto market can be volatile in the short term, but having a long-term mindset is critical for success. Don’t panic during market dips—if you have a well-diversified portfolio, you’re better positioned to ride out the volatility and potentially benefit from long-term growth.
Diversifying your cryptocurrency portfolio is a smart strategy for managing risk and taking advantage of the crypto market's various opportunities. A balanced allocation—such as 50% Bitcoin, 20% Ethereum, 25% altcoins, and 5% meme coins—helps you mitigate the risks of volatility while allowing you to participate in the growth of different sectors.
Trading Signal For BTCUSDT Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (1h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 65400.00
⭕️SL @ 64300.00
🔵TP1 @ 69000.00
🔵TP2 @ 70800.00
🔵TP3 @ 73000.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .