FETUSDTFETUSDT is trading in strong bearish trend and consistently printing LL LHs. and is about complete ABCD pattern at strong daily support level. And it looks like FETUSDT forming a local bottom here .
If the bullish rally starts from here , the next possible target could be 1.3500 followed by 1.800
Cryptomarket
BTCUSD opportunity to buy backBTCUSD analysis on 12/08/2024:
BTCUSD is showing an upward trend after a correction to around 49000. BTCUSD did not have a deep correction as expected, but it is currently a good trading opportunity.
The current trend for BTCUSD is LONG. Key price levels to note: 56000 - 56700; 55000 - 55200; and 53000 - 53200.
Recommended orders:
Plan 1: LONG BTCUSD zone 56300 - 56600
SL 56000
TP 57700 - 59000 - 60000.
Plan 2: LONG BTCUSD zone 53000-53200
SL 49600
TP 55100 - 57700 - 60000.
GBP/USD : The Price Will Fall ! (READ THE CAPTION)By examining the GBP/USD chart in the 4-hour timeframe, we observe that the price has entered our desired supply zone as expected and has shown an initial reaction to this level. I expect this pair to decline in price with the market opening, with the first target being 1.27050.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Ethereum - Buy on Range-Bound BreakouTrading Setup:
Buy on Resistance Breakout
Sell on Support Breakout
We already bought a little lower
We are currently waiting for new signals to make a new decision for our trade
So we wait for now
In general, if breakout ( up or down ) we will update the graphics
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 .
BTC monthly Short in long termhello everyone.
Due to the following reasons, I predict downtrend of Bitcoin in longterm :
1- from march to august unlike sept to march According to the price action point of view, the candles have weakened( size and number of green candles )
2- the february is a gap candle because we hadnt any rest on those zone. therefore we need a powerfull pullback for fill the gap.
3- price has a long distance from Ma 20 , 50 ,100 . therefore probably we will move to near it.
4- the k has broken d down int Stochastic RSI and line 80 is broken by two lines. although we havent arive to 50 yet but we arent above the 80 line too.
5- bollinger band shows us that we are in the top of the zone. therefore it is possible that we are going to at least middle zone.( around 42000 $)
6- Mfi shows us that price has moved under 80.( like stochastic rsi)
7- fibo shows us that we can goes to 49 and then 43.
best regards...
I am waiting for your comments.
TIA/USDT Targets $7.50: Reversal Trend Signals Major UpsideThe 4-hour chart for TIA/USDT on Binance is showing a strong reversal from the recent downtrend, breaking out of the descending trendline resistance.
The price has surged past key resistance levels, with the $5.75 level now acting as new support.
With the break above the descending trendline, the next key resistance levels are $7.50 and $7.79.
The sharp upward trajectory suggests a bullish continuation, potentially driving the price toward these levels.
TON/USDT Gears Up for a Bullish Breakout: $7.00 in SightThe 1-hour chart for TON/USDT on Binance reveals a clear bullish trend, characterized by a series of higher highs and higher lows. The price action has formed a distinct ascending structure, with each pullback being met with strong buying interest, as indicated by the red support lines.
The current setup shows that the price is consolidating after a strong upward move, forming a small pullback that aligns with previous support levels. This pattern suggests a potential continuation of the bullish trend, with a key resistance level at $7.00 acting as the next major target.
If the price breaks above the recent highs and continues its upward momentum, a rally toward $7.00 could be expected.
Trading Signal For NOTUSDT Trading Setup:
A Trading Signal is seen in the NOTUSDT NotcoinCommunity (1h) (futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0116
⭕️SL @ 0.01100
🔵TP1 @ 0.0138
🔵TP2 @ 0.0154
🔵TP3 @ 0.0180
#cryptosignal #Crypto
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 .
Bullish Long Term Setup For SOLUSDThis is a longer-term long setup for Solana: it is based on a hidden bullish divergence in the OBV.
We have chosen the D2 timeframe so that the trade should unfold within around two to eight weeks.
The setup does not contradict our bearish analysis for BTC, which is based on the H3 timeframe.
Accordingly, Solana could also initially fall back to around USD 150 or below and then rise.
Possibility of Correction with “Double Zigzag” or “Zigzag”?!AR is a pair that I personally enjoy trading. It has rarely disappointed me in the analyses I’ve done so far. Since my last post, I had completely eliminated my risks. Ultimately, I was able to achieve the movements I desired. Given the current state of the structure, I have two prominent scenarios.
Primary scenario (orange): The possibility that the correction might take the form of a WXY, i.e., a “Double Zigzag.” There are certain factors that make this scenario more likely than the alternative. For example, the $16.29 level marked by the orange horizontal ray on the chart is the exact point where the w:y waves overlap 1:1. The almost 35-40% reaction we received from that level gives me signals that this scenario is more likely. When I analyze the reaction we received on lower time frames, I can see very clear impulse waves. Although I can see an impulsive structure in the lower time frame, the key level where we will get confirmation to say that the decline has ended with the WXY scenario is $28.55. If we reach this level without making a new low and even just touch it, I will rule out the alternative count.
Secondary scenario (white): The possibility that the correction will end in an ABC form, i.e., with a “Zigzag.” I have shown the placements with white arrows on the chart. Wave A is progressing in a 5-wave structure. Then we have our intermediate wave B, followed by the C wave, which we also expect to be in a 5-wave structure. In this scenario, there is still one final leg of the C wave that remains incomplete. I depicted how this could be completed with the white path. If this scenario becomes active, I anticipate that the C wave might end at the $14.03 level, which is the 1:1 ratio of the a:c waves. If the previous low is violated, even if only by a wick, this scenario will become active. Another reason why I consider this scenario weaker is that the wave I marked as “alt b” has shown a very impulsive move. It seems more reasonable to mark this as the C leg of an “Expanded Flat” X wave.
At the end of both scenarios, I will be expecting new highs in this pair. I update my targets by analyzing the chart step by step, according to the state of my count. I hope that as the movements mature, we will be able to take steps with clearer ideas.
Bitcoin vs. SPY: A Comparative AnalysisIn the ever-evolving world of finance, Bitcoin (BTC) continues to make headlines as a disruptive force in the global economy. As of August 10, 2024, a comparative analysis between Bitcoin (BTC/USD) and the SPDR S&P 500 ETF Trust (SPY) reveals fascinating insights into how the world's leading cryptocurrency stacks up against a traditional benchmark of the U.S. stock market.
The Weekly Chart: A Long-Term Perspective
The weekly chart for Bitcoin (BTC/USD) from Coinbase, as seen on TradingView, provides a long-term view of Bitcoin's price movements over the past several years. From its early days of relative obscurity to its meteoric rise in recent years, Bitcoin has become a staple in the portfolios of both retail and institutional investors. The chart highlights several key price points and trends, with the most recent data showing Bitcoin trading at approximately $60,422.92. This marks a notable recovery and a 3.94% increase over the past week.
This growth is particularly interesting when viewed in the context of Bitcoin's historical volatility. The chart clearly illustrates Bitcoin's cyclical nature, with periods of rapid growth followed by sharp corrections. Yet, despite the volatility, Bitcoin has shown resilience, consistently bouncing back from lows to reach new highs.
Bitcoin vs. SPY
To further understand Bitcoin's performance, it's crucial to compare it against a traditional benchmark like the SPDR S&P 500 ETF Trust (SPY), which tracks the S&P 500 Index—a key barometer of the U.S. stock market.
The "Asset vs Benchmark" table on the chart provides a detailed comparison of Bitcoin and SPY across multiple timeframes, including 1 day (1D), 1 week (1W), 1 month (1M), 3 months (3M), 6 months (6M), and 1 year (1Y). Here's a breakdown of the performance:
1 Day (1D): SPY shows a modest gain of +0.44%, while Bitcoin has experienced a slight decline of -0.72%. This short-term fluctuation is a reminder of Bitcoin's higher volatility compared to traditional assets.
1 Week (1W): Bitcoin shines here with a 3.94% gain, compared to SPY's marginal increase of 0.02%. This suggests that Bitcoin has been more responsive to recent market dynamics, potentially driven by macroeconomic factors or developments within the cryptocurrency space.
1 Month (1M): Over the past month, Bitcoin has underperformed with a -6.48% decline, while SPY saw a -3.24% drop. While both assets have struggled, Bitcoin's higher volatility is once again evident.
3 Months (3M): The 3-month data shows a similar pattern, with Bitcoin down -3.58%, compared to SPY's -3.24%. This alignment suggests that broader market trends have impacted both assets, though Bitcoin remains more sensitive to these movements.
6 Months (6M): Over the last six months, Bitcoin and SPY are almost neck and neck, both down -3.58%. This parity highlights the global economic challenges that have weighed on both traditional and digital assets.
1 Year (1Y): The 1-year performance paints a different picture. Bitcoin has surged ahead with a remarkable 42.88% gain, vastly outperforming SPY's 12.14% increase. This underscores Bitcoin's potential as a long-term growth asset, particularly in a year marked by inflation concerns and market volatility.
The Broader Implications
This analysis underscores several key points for investors:
Volatility as a Double-Edged Sword: Bitcoin's higher volatility means that while it can deliver substantial short-term gains, it also carries greater risk. Investors need to be prepared for significant price swings and should consider their risk tolerance when allocating to Bitcoin.
Diversification Potential: Bitcoin's ability to outperform traditional assets like SPY over the long term highlights its potential as a diversification tool. By adding Bitcoin to a portfolio, investors can potentially enhance returns while also increasing exposure to the rapidly growing digital economy.
Macroeconomic Sensitivity: Bitcoin's performance is increasingly influenced by global macroeconomic factors, much like traditional assets. This alignment suggests that Bitcoin is becoming more integrated into the broader financial ecosystem, making it a more relevant consideration for mainstream investors.
Conclusion
As Bitcoin continues to evolve and mature as an asset class, its role in the financial markets is becoming increasingly significant. The recent data showing Bitcoin's outperformance over SPY on a 1-year basis is a testament to its growing relevance and appeal. However, investors must also be mindful of the risks associated with Bitcoin's volatility and consider a balanced approach when incorporating it into their investment strategy.
In an era where digital assets are gaining traction, Bitcoin remains at the forefront, challenging traditional notions of value and investment. As the financial landscape continues to shift, keeping an eye on the dynamic between Bitcoin and traditional benchmarks like SPY will be essential for understanding the future of finance.
Disclaimer: This article was generated with the assistance of artificial intelligence (AI). While AI can provide valuable insights, it is important to verify the information and consider consulting with a financial professional before making any investment decisions. The content should not be considered financial advice. The information provided may contain errors, inconsistencies, or outdated information. It is provided as-is without any warranties or guarantees of accuracy. We disclaim any liability for damages or losses resulting from the use or reliance on this content.
BENDOG/USDT GOING FOR THE NEXT BREAKBENDOG/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
There is a good chance for a break, the chart shows 3the possible break, which can affect over 50%, the coming time frame we should follow for exact data.
The first focus target is
COIN cup and handle Technical Outlook:
Bullish Setup: A cup and handle pattern is forming, suggesting potential for an upward breakout.
Key Levels: Watch for a breakout above the handle with strong volume. Support is solid at the 50-day moving average.
RSI: Still below overbought, meaning there’s room for upward movement.
Fundamental Snapshot:
Strong Q2 Earnings: Revenue jumped to $1.38 billion, largely due to increased trading volumes and the approval of Bitcoin and Ethereum ETFs (Crowdfund Insider).
Regulatory Risks: Ongoing SEC battles could impact growth, but recent ETF approvals are a positive sign (Crowdfund Insider).
COIN is closely correlated with Bitcoin so keep an eye on that as well.
If COIN breaks resistance, it could see strong gains, but keep an eye on regulatory news.
GROKUSDT: At ITS SUPPORT, IMMINENT BOUNCE within DAYSHello All,
Welcome to the quick update of GROKUSDT.
Unfortunately, The last setup I posted for GROK didn't work and hit our STOPLOSS.
We saw GROK in a downtrend since last 1 week.
As of now, it is trading at its weekly support of around 0.0041 to 0.0044. This point may be a major support and can pump anytime soon.
Possible entry-exit points:
Entry: 0.00421 to 0.00462
Target: 0.00503, 0.00617 until 0.00711 in the long run.
STOPLOSS: 0.00367
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
ScramblerG is always there to help and trade with caution but DYOR.
Shib path to November 2024 - 2025 Hola Shib-inu fans, I have been getting request while I was away - asking what's the next move for Shib in this current market today.
Along with questions such as:
Why is it crashing so much?
Should you buy, hold, or sell?
Where do you see the market in the next year?
To answer that question is simply put I can not answer that directly at this time. Reason being, the market is currently influenced by the United States political and economical climate and is likely going to make an even greater impact based on which candidate wins office.
Republicans🐘 vs 🐎Democrats
Currently control the market movement, and if you don't believe me, after Donald Trump was shot, Republicans believed that this would land Trump a landslide victory, so Whales and influencers to the market flooded the main crypto wallets BTC and ETH among others with rally that led the price of bitcoin from a 56k lost back to a 70k return. Another example of how the US as well as China has a major controlling factor on how the market moves, is the fact that this most recent crash is based on the US CPI report being unsatisfactory forcing both the crypto and SnP market to crash from that outcome alone.
This is mostly the results of Bitcoin and its holders trying desperately to have ETF's take center stage and by doing so gave much of the control over financial growth to the banks and the governments that control them. That's the price we paid to have ETF's we are now apart of the regulatory stock market which is mainly control by the US market base.
So to understand where the next move for shib may lead is basically impossible to tell depending on who wins in November, so to help with this issue, I made a pathing map, and possible areas of concern for holders to look out for on a modified day chart converted to a weekly chart.
This path starts and end in November of 2024 to 2025 where if the republicans win, it will influence buying power from whales looking to capitalize on the returning president trump and the republican party new policies that want to put in place that is more beneficial to those with wealth they which to extend further.
vs
Another democratic win where policies may not change to much but will be a greater impact on the financial markets as a whole which will not rally whales if any at all and will likely cause a selloff in much of the markets not just in crypto.
So hopefully this map helps guide you to a positive path to riches or avoid a possible path to ruin.
Zcash's weekly chart is insanely bullishZcash's weekly Ichimoku chart is one of the most insanely bullish looking altcoin charts out there
I'm nerding out on how insane SEED_DONKEYDAN_MARKET_CAP:ZEC 's weekly chart looks.
IF Zcash can close at/above $35.10, it will be the first weekly close above the cloud since December 2020.