Cryptomarket
Alikze »» PEPE | The next rally - 1D🔍 Technical analysis: The next rally, Wave 3 or C bullish scenario - 1D
- It is moving in an ascending channel in the daily time frame.
- After hitting the ceiling of the channel, the price faced a zigzag correction, which faced buying pressure in the demand range.
- In the daily time frame, a movement cycle has been completed up to the ceiling of the channel, after which the correction has been completed with a zigzag correction in the range of the green box.
- After that, it had a rally in the form of the first wave, after which a zigzag correction in the bottom range of the channel met with demand.
💎 Currently, it is located in the middle of the channel due to the failure of the previous roof.
💎 Therefore, this bullish wave can continue the bullish trend to the specified areas with a pullback to the broken structure.
⚠️ In addition, if the price enters the Invalidation LVL range, the bullish scenario will be invalidated.⚠️
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BINANCE:PEPEUSDT
Xrp - This Triangle Wil Double Your Money!Xrp ( BITSTAMP:XRPUSD ) is retesting a major confluence of support:
Click chart above to see the detailed analysis👆🏻
For a couple of years now, Xrp has been trading in a bullish symmetrical triangle pattern. As we are speaking, Xrp is retesting the lower support trendline and also a horizontal support level. It is quite likely, that we will eventually see a breakout above both triangle patterns on Xrp.
Levels to watch: $0.5, $0.6, $1.0
Keep your long term vision,
Philip (BasicTrading)
TOTAL 3 CRYPTOCAP EXCLUDING BTC ETH SITTING AT LAST TOP The total crypto market cap (excluding BTC and ETH) is sitting at a critical resistance level. This suggests potential volatility as the market tests this level, with a breakout possibly signaling stronger interest in altcoins. Watch for either a decisive move upward or a rejection, which could indicate a period of consolidation ahead.
TOTAL MARKETCAP CRYPTOCAP SITTING AT 3 T. The total cryptocurrency market cap is currently sitting at the top of 3 trillion USD, a strong indication of ongoing bullish sentiment across the market. With such a high market cap, we’re seeing significant momentum, and key resistance levels may soon be tested. Traders should watch for potential breakout signals or signs of consolidation as the market stabilizes at this level.
COIN: NOW IS TIME TO BUY, NOT LATERNASDAQ:COIN
COIN: NOW IS TIME TO BUY, NOT LATER
Pullback levels are so important because they allow you to understand what is happening to the stock you are trading or investing in.
Typically when a stock pulls back and peoples gains begin to deminish or losses begin to mount they let emotions take over and guide their finger to the SELL button.
But, as you can see on the chart and if you watched my don't FOMO into Coinbase video, you know that 80-90% of breakouts retest and we need to wait for that to happen before entering or adding to our position.
I present to you the pullback with levels: I'm 1/2 into my trading position at this time.
Lvl 1: The cup and Handle breakout point once resistance turned support - $283
Lvl 2: Price GAP fill at $273.50
These are the levels to watch and buy if you want into this trade.
All indicators are still BULLISH and we still have a #HIGHFIVESETUP
See previous video attached to this post if you missed the full thesis.
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BTC Dominance above the 0.382 all-time Fibonacci levelAs you already know, monitoring BTC Dominance can provide insight into the market's risk appetite and help gauge the strength of altcoins relative to Bitcoin. From now on, we’ll be tracking BTC Dominance for additional confirmation on our trading ideas. Using more information is always helpful as long as it’s simple to understand and apply—just like I aim to make it here on Trading View for both you and myself.
MOTHER Long Spot Trade (Inverse Head & Shoulder Breakout) Market Context: MOTHER is experiencing a surge in momentum as part of the meme season trend, with many meme coins showing significant gains. The price action has confirmed a breakout from an inverse head & shoulder pattern, now retesting the breakout level, offering a solid entry point.
Trade Setup:
Entry: Around $0.072
Take Profit Targets:
First target: $0.085
Second target: $0.091
Stop Loss: Below $0.070
This setup leverages the breakout and retest of a classic reversal pattern, aiming to capture further upside in the current meme coin rally. #MOTHER #MemeSeason
BTC Sustained BuysBtc has shifted into a state of consolidation which suggests that some profit taking is occurring right now.
BUT
This also means that orders are being acquired - as this is one of the main purposes and causes of what we see as consolidation.
Traders becoming interested in both buys and sells at the same time. In hopes that it would actually either buy or sell.
I can see a reality in which a trader can make a case for both buys and sells here although if I am being honest. Buys definitely make more sense to me.
As the momentum is clearly bullish and this consolidation is simply a way for the market to capture some liquidity so that it can continue with what is has been doing all along.
Another reason I believe that buys make more sense is because if we look at the green zone (Where price seemingly reversed) we can say that in fact in didn't reverse as if it did it would have not only dropped much further, quicker but it would not be floating at such a high price just after a "would be" reversal.
Remember the purpose of a reversal is to get rid of traders who were following the trend all the time, which means it needs to happen quickly or else the market risks those same traders catching on to the trick (manipulation).
I believe the green line is plausible for BTC's next move. Take out buyers below this current consolidation and then continue bullish from here - most likely beyond the high (green zone)
BITCOIN (BTCUSD) Bullish Bias Remains ₿
Bitcoin formed a strong bullish pattern on a 4H time frame.
I see an ascending triangle - a bullish accumulation pattern
with a confirmed breakout of its resistance.
A trend line and a broken horizontal structure compose a contracting
demand zone now.
Probabilities are high that bulls will push the prices higher.
❤️Please, support my work with like, thank you!❤️
SUIUSDT - Respectable!We analyzed it previously and predicted that it would fall at the level of 1.59 when it was at the previous ATH (2$) and it touched our target, respectably!!.
then we benefit of 82% profit untill now
u should check it
. This correction that we predicted was necessary to complete our journey to $5
I see now we are going higher
$5 is a definite target and I will update when I hit it🎯
Best regardes Ceciliones🎯
XRPUSDT - ALL Eyes on XRPconsolidated a massive symmetrical triangle (1426days!!)
XRP one of the leading coin in market(7 in rank with 39.131b in marketcap)
need a weekly close above the upper side to confirm the breakout
once it corfirmed it will be a pure sign of a bullish rally is ahead
BEST REGARDS CECILIONES🎯
ETHUSD Back to retest the lower highs trend line Exciting times in crypto as we speak! ETH/USD is retesting the lower highs trendline during this dip. Today’s close should give us a better idea of where prices are headed. Thanks for reading, and make the moves that feel right—or the moves that bring you profits!
Alikze »» GROK | Wave 3 or 3 bullish scenario - 1D🔍 Technical analysis: Wave 3 or 3 bullish scenario - 1D
- After a bullish cycle it has had a complex zigzag correction inside a bearish channel on the daily time frame.
- Currently, it has completed an AB=CD cycle up to the range of the negative line of the ceiling of the descending channel.
💎 To continue the upward path, it can be broken with pullback to swing or the middle of the channel up to the range of the green box, and enter the next upward cycle.
⚠️If the correction touches the bottom of the previous range, the bullish scenario is invalidated and can form a double zigzag correction.⚠️
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Thanks for your continued support.
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Alikze.
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MEXC:GROKUSDT
ETHBTC good time to buy? Hello everyoane and congrats to who is enjying this wonderful price action.
On the other hand ETH/BTC is retesting support at 0.786 all time long FIB.
Is this a good time to buy or should we wait? Maybe just wait for price action to unfold and then start scalling in.
BTC is looking strong and it would be advused to wait for BTC price action also to unfold and make a comparison betwen them two.
Thank you for reading and enjoy trading