Cryptomarket
Hoping for a Dip, but Also Some Thrills: Shorting $ADA!CRYPTOCAP:ADA Short Setup:
Wanted some extra adrenaline in my life, so I’m shorting CRYPTOCAP:ADA here.
Simple setup: First time testing the monthly block. If this week closes below $1.18, it will add confluence.
Aiming for sub-80c. BINANCE:ADAUSDT
Crypto Alpha Report (January 1)Monday Alpha Report
2025 01 01
Happy New Year to you all! 2024 was an unmitigated year of prosperity and profit for our community, and it will only get better in 2025.
Executive Summary:
-Altcoins continue to outperform Bitcoin. While not giving full credence to the idea of alt season, it is slowly beginning to materialize as key metrics evolve.
-High probability of Bitcoin rallying into Trump’s inauguration; however, caution is still warranted as downside risks are still strong.
-Ethereum is likely to continue to underperform Bitcoin in 2025.
-AI Agents continue to explode, and you should be allocated.
Macro:
Stablecoin Dominance
6.00% still stands as resistance, keeping this metric from pushing us into bearish territory. The bulls do not want this metric in an uptrend, and as the 30 MA creeps closer to the 50 MA, we need to be vigilant for a breakout on this metric to confirm a breakout to test the 200 SMA. For now, the market is indecisive.
Stablecoin + Bitcoin Dominance
This metric wants to continue the bearish trend, which would bode well for altcoin positions. A resumed downtrend in this metric will correlate to rising altcoin prices, so altcoins, for now, are still a better play than Bitcoin.
Altcoin Price Performance vs. Bitcoin
Daily momentum returns to the upside, signaling a potential breakout on this metric after putting in a Higher Low. A pushback up to re-test the long-term downtrend resistance will mean a return to the froth of the altcoin markets.
Bitcoin
Bitcoin’s price is consolidating, with the Daily Timeframe showing a potential reversal.
Trends:
5M: Bullish
30M: Bullish
1H: Neutral
4H: Bearish
Price must close a 4H candle above $95,000 to strengthen the reversal narrative. That close would also confirm the potential Adam & Eve reversal pattern in the same timeframe. Volatility has dropped significantly on the Daily and 4H time frame, and price has found support at $93,000.
Key Levels:
POC: $93,727
VWAP: $93,676
Value Area High: $94,337 - $94,700
Value Area Low: $93,730 - $92,851
Strategy:
When Bitcoin is in a strong uptrend, it closes its Weekly and Monthly Candles very close to their highs. When Bitcoin’s strength wanes, it begins closing much lower than its highs, as seen in the last two weekly and December’s monthly candles.
In other words, when Bitcoin is no longer strongly uptrending, as it is now, it tends to pump during the beginning of the month and sell off into the later half of the month. This aligns perfectly with the upcoming catalyst of Donald Trump’s inauguration as the 47th President of the United States. Anticipating a “buy the rumor, sell the news” type situation, with a potential bull trap emerging in the latter half of this month.
While downside risks are still very evident, given that we are trading below the 4H Moving Averages, the Daily Timeframe shows momentum returning to the upside following a bounce off the 60 DMA.
Should the current reversal play out, I expect price to make a run to $100,000 over the next two weeks and potentially higher. We should be cautious of a bull trap at that time.
Risk-hungry traders could begin starting a position with invalidation below $93,000 or wait for a 4H close above $95,000 and 4H momentum to be regained.
Altcoins:
I see altcoins performing well also over the next two weeks, likely front-running Trump’s inauguration same as Bitcoin. Again, downside risk is real, but we saw some strong buybacks today.
XRP - Target of $2.70.
ENA - Target of $1.20.
HBAR - Target of $0.35.
FTM - Target of $0.96.
Again, I’m cautiously optimistic. I cycled about 30% of my portfolio into altcoins today, 20% into AI Agents (Zerebro, SPORE, Pillzumi, Nothing, YNE, SEN), and the rest into Bitcoin. We’re probably bottomed out for now, but I will cut Bitcoin and alts fast if we start heading for the lows again. We will hold AI Agents until we lose momentum, but that’s the meta play for this year.
SANDUSDT Trade LogSAND is showing strong potential for growth with recent market activity. This could be an excellent opportunity to buy and hold for the mid-to-long term. The metaverse and gaming narratives are gaining traction again, and SAND could be a key player.
Recommendation: Accumulate and hold. Watch for further confirmation of bullish momentum.
Time to Enter SOL Short-Term, Up to 5% PotentialHappy New Year, crypto and trading Triends!
I hope you celebrated well! Now it’s time to get serious. I see a short-term opportunity in SOL, with up to 5% upside potential. Here’s why:
Trading below all major moving averages: 50, 100, and 200-day.
Positioned near the lower Bollinger Bands line, suggesting potential oversold conditions.
Close to the bottom trendline, which could act as a critical support level.
SOL remains a fundamentally strong asset, and we’ve observed significant interest from major players, including ETF developments, which could inject fresh money and liquidity into the market.
That said, caution is key. This is a short-term play with a 5% upside potential in the coming week. If SOL doesn’t show upward movement within a day or two, this narrative could quickly lose its relevance, and the situation would need to be reassessed.
Stay tuned,
Mister iM
Polytrade by Virtual - Bullish!!Since ATH on 29th Nov, the price has been slowly retracing and forming shallow wide bowl over a month. The price went up to test Fib 0.236, retraced back to 0.618 and now ready to move back up. I really like the price to bounce up and down and up and down between key Fib level. MACD, RSI and RSI all crosses and pointing upwards in the bull territory. I am going to take some profit initially at 0.031 at Fib 1.618. I use Fib level and also look for clear negative divergence in 4H and/ordaily time frame to close the position or take a partial profit.
Total Crypto Market Capitalization prediction for 2025The basis for the analysis in today's idea about the future of the total capitalization of the crypto market is our idea from 2 years ago, where we assumed that the “bottom” has already been reached and that we will continue to see strong growth. Read it 👇
Since then, the total capitalization of the crypto market has grown 4 times from $800 billion to $3.2 trillion. This is mainly due to the growth of the CRYPTOCAP:BTC price from $16k to the current $95k and its BTC.Dominance index from 39% to the current 58%.
Many altcoins are still depressed, many of them failed to update their ATH, so let's assume that there hasn't been a real altseason yet)
And here's how the capitalization of other financial assets has changed approximately over 2 years:
end of 2022👉end of 2024
SP500 - $33 trillion 👉 $45 trillion
Gold - $11 trillion👉 $18 trillion
Silver - $1 trillion 👉 $1.8 trillion
Cryptocurrencies - $800 billion 👉 $3.2 trillion
Crypto rules, at least in terms of growth!)
In addition, two fundamental events have taken place since then: BTC ETFs and ETH ETFs are gateways for the infusion of large institutional money into the crypto market, but also flags for the regulation of the crypto market.
And then, only modeling in the mix with our fantasies and desires for 2025)
1️⃣ Previous cycles of rapid growth of the crypto market lasted 550 days after the #Bitcoin halving, so we assume that the current one will last at least until the end of October 2025.
2️⃣ The “growth power” of the total capitalization of the crypto market decreased by 6 times with each cycle, which means that in the current cycle it should reach at least $7-8 trillion
3️⃣ But this time, we have a “dark horse” - ETFs, and who knows how many more of them will be approved in the future and how this will affect the crypto market. Moreover, the number of cryptocurrencies is no longer thousands or tens of thousands, but millions. Memecoins are created in 30 seconds and rolled out to a multi-million dollar capitalization in weeks) And it is still commonly believed that the “naive and hungry” retailer with the eternal FOMO syndrome, who buys anything at any price, has not returned to the crypto market.
4️⃣ Therefore, purely hypothetically, simply based on fractal analysis and a combination of fibo levels, we assume that the crypto market can “swing” up to a cosmic $53 trillion
5️⃣ Further, according to the same fractal analysis, the current correction of prices on the crypto market and its total capitalization should not be very long, well, at most another -10% from the current $3.2 trillion to $2.85 +|-
6️⃣ Everything is very fantastic and promising, doesn't it?) Then let's put the icing on the cake and go to celebrate the New Year 2025.
According to our forecast from 2 years ago, the OKX:BTCUSDT price has every chance of reaching $355,000 by the end of 2025 👇
ENA (ENA/USDT) – Technical Analysis UpdateCurrent Consolidation & Support Levels:
ENA has consolidated near June's high, showing strong support around $0.9538, reinforced by December 20th's daily candle tail and the 40 EMA.
Token unlocks increasing supply are likely to delay a rally until after January 1st, keeping near-term upside muted.
Key Downside Targets:
If the $0.9538 support fails, watch for:
$0.8824 – December 28th's swing low.
$0.8465 – Key levels from December 20th and 10th.
$0.7600 – November 25th's bullish weekly gap, a likely higher timeframe support zone.
Resistance Levels & Upside Scenarios:
$0.9961: December 26th's bearish gap.
$1.0299: December 21st's rejection point. A break above this zone could trigger profit-taking at:
$1.1223: December 23rd's swing high and December 21st's bearish gap.
Outlook:
ENA is range-bound in the near term, with a bearish bias if token unlocks intensify supply pressure.
Bulls need a decisive reclaim of $0.9961–$1.0299 to regain control. Until then, $0.9538 support remains critical, with the risk of testing lower levels.
This setup highlights near-term caution but leaves room for a bullish breakout once overhead supply dynamics stabilize.
Tenet/UsdtBYBIT:TENETUSDT
### **Price Overview**
- **Current Price**: The current price of Tenet is 0.00555. This is the price level where Tenet is trying to hold steady.
### **Resistance Levels** (Price Levels where the asset may struggle to move higher):
- **0.00700**: This is the first key resistance level. If Tenet’s price rises above 0.00555, this price point at 0.00700 may act as a barrier. Sellers may become active here, and the price might struggle to break through it.
- **0.00800**: If Tenet pushes past 0.00700, the next level of resistance is 0.00800. This level could attract even more sellers, especially if the market sentiment is not strongly bullish.
- **0.00900**: As the price moves higher, 0.00900 is another critical resistance level. If Tenet breaks above this, it could indicate strong upward momentum.
- **0.01134**: This is a more substantial resistance level further up. If Tenet continues to rise and break through the earlier resistance levels, 0.01134 might be the ultimate hurdle before a more significant price move could occur.
**Resistance levels** are areas where the price has previously struggled to rise above or where it could face selling pressure. A break above these levels may indicate strong buying interest and a potential rally.
---
### **Support Levels** (Price Levels where the asset may find buying interest or stop declining):
- **0.00500**: Below the current price, 0.00500 is a key support level. If the price starts to fall, it might find buyers at this level, preventing further decline. This is a crucial level to watch because a drop below it could signal more selling pressure.
- **0.00400**: If Tenet’s price breaks below 0.00500, the next level of support is 0.00400. This level represents another floor where buying interest could come in to stop the price from falling further. If it breaks this support, it could signal a bearish trend and further declines.
**Support levels** represent areas where the price tends to find buying interest, preventing the price from falling lower. If the price falls below these levels, it might indicate a trend reversal or further weakness.
---
### **What’s Happening with Tenet?**
- The price of Tenet is currently at **0.00555** and is in a phase where it's trying to push upwards. For this to happen, the price will need to overcome the **resistance levels** one by one. Each resistance level represents a point where selling pressure might come in, so the price must show strong momentum to break through those.
- On the other hand, **support levels** are the floors that can help stabilize the price. If the price dips to these levels, it might find buying interest that helps to push it higher again. If it breaks below these levels, there might be a shift toward a bearish trend.
### **Why is this important?**
- Understanding **support and resistance** levels helps traders determine entry and exit points. If you think the price is about to break a resistance level, you may decide to buy. If you're looking for the price to pull back to a support level, you might wait to buy at a better price.
---
### Summary with Emojis:
- **Current Price**: 0.00555 🚀
- **Resistance Levels**:
- 0.00700 ⬆️
- 0.00800 🔝
- 0.00900 💥
- 0.01134 🌟
- **Support Levels**:
- 0.00500 🔻
- 0.00400 ⚠️
**Remember**: This is just an analysis of potential price action. The actual market price depends on many factors, and it's essential to do thorough research before making any investment decisions.
BNB thesis investment Current Market Conditions
BNB is trading at $712.19 and shows strong bullish momentum, supported by key technical indicators like RSI and Stochastic above 50.
Key Levels and Strategy
Stop-loss: $700.00 (manages downside risk).
Take-profit: $730.00 (targets near resistance levels).
Exit Point: $720.00 (partial profit-taking to secure gains).
Resistance Levels: Watch $717.95 and $723.77 for potential breakout points.
Recommendation
The data supports an OPEN LONG position with a 75% confidence level, capitalizing on positive sentiment and increasing trading volume. Monitor resistance levels and adjust positions based on breakout or pullback scenarios.
Risk Management
With no current positions open, this presents a good opportunity to enter while implementing tight risk controls. Stay vigilant as the market remains dynamic.
Prediction:
BNB is poised for upward movement, with a high probability of reaching $730.00 in the short term if the market remains supportive. However, traders should watch for consolidation near resistance zones and adjust their strategies accordingly.
Alchemist AI Beautiful chart!
Tradingview chat here doesn't how the price movement from the inception of this project, but the price went up initially to 0.08 area and had a major correction. The price retraced to Fib 0.786 at $0.03, and started to move up. Many meme type crypto goes through massive correction and if the project and community is strong, it comes back up strongly. This chart shows such trend. The price went up to Fib 0.382, moved back down to Fib 0.618. As I said in other chart analysis , I like the price to bounce up and down and up and down between key Fib levels. The price finally went above Fib 0.5 level which is the very first all time high in Dec 2nd and closed above the line. MACD, Stochastic and RSI all show clear bull signals. If you are interested in trading, the entry is ideally around 0.08 or below 0.09. Stop loss is 0.055 and initial profit target 0.122 (because the price often struggles to move beyond Fib 0.236 - final line of defence for bear), but 0.1622 is a good profit target level.
ETH/USD
"Hello traders, focusing on Ethereum, the price has encountered a powerful FVG on the daily timeframe, sweeping liquidity and experiencing a sharp rejection. The candle formations on the 4-hour and 1-hour charts indicate a potential upward movement from this zone."
Next level would be 3800$ .
Polytrade by Virtual - Bullish!!Since ATH on 29th Nov, the price has been slowly retracing and forming shallow wide bowl over a month. The price went up to test Fib 0.236, retraced back to 0.618 and now ready to move back up. I really like the price to bounce up and down and up and down between key Fib level. MACD, RSI and RSI all crosses and pointing upwards in the bull territory. I am going to take some profit initially at 0.031 at Fib 1.618. I use Fib level and also look for clear negative divergence in 4H and/ordaily time frame to close the position or take a partial profit.
GAME by Virtual - very bullish!The price has retraced to 0.5 Fib level from all time high and now broke above the descending trendline and also decisively broke above the previous higher high at 0.28 area. MACD is about to cross and move up into the bull territory. You can wait for MACD lines to cross above 0, however, Stochastic (9,3,3,) and RSI clearly crossed and pointing upwards above 50 level in 4H chart. 0.27-0.28 is a good entry to buy. Stop loss at 0.22 and Profit target at 0.427 will give you risk reward ratio of 2.84 if you want to trade. But I think it will go much higher. I personally buy the underlying asset (no leverage) and hold it until momentum indicators start to show clear negative divergence.
Bitcoin appears to be stalling at the Fibonacci level.The anticipated Santa rally did not materialize, highlighting weakness in the community. The much-discussed $100k level now seems unattainable as we close out 2024. However, the focus has shifted to maintaining BTC at GETTEX:92K —a level that appear particularly strong.
This GETTEX:92K level has acted as resistance four times in the past and is now serving as support for the fourth time. Interestingly, the 38.2% Fibonacci retracement level aligns with this zone, adding to its significance.
The Bollinger Bands indicate an extreme situation, with prices moving beyond the range of the past 20 candles.
In just two weeks, BTC is down almost 14% from its all-time high (ATH).
In my view, this situation is far from resolved, and 2025 may begin with even weaker dynamics. Why? Financial market fundamentals are deteriorating, the festive period is over, and the next two months are historically the most challenging and inactive.
VADER BullishVader is an AI agent project that invets in AI agent tokens autonomously in BASE chain.
In 1 hour chart, the price broke and closed above descending trendline ( or triangle pattern);
and MACD, Stochastic and RSI lines are clearly pointing upwards in the bull territory. When I trade, I always confirm with Stochastic in a higher time frame. In this instance, I check to make sure Stochastic (9,3,3) in 4H chart is not in overbought territory and ideally close to 50 zone.
You can see in the chart the area of entry, stop loss, and profit target. Risk reward is about 1:2.