SUI/USDT Technical Analysis, 154% Potential surge in few weeks.SUI is showing strength as it approaches a critical resistance level. A confirmed breakout could push SUI into a price discovery phase, opening up the potential for significant gains.
Current Price: Around $1.02
Optimal Entry Zone: $0.75 to $1.00
Target: $2.58 (154% potential gain)
Resistance: A breakout above this level could unlock major upside potential
Lower Support: Strong support around $0.50
Two Potential Scenarios:
Scenario 1: A breakout and daily close above $1.10 will trigger a strong buy signal.
Scenario 2: A retest of the lower level between $0.75 to $0.95 offers an opportunity to accumulate.
Strategy:
To maximize gains while minimizing FOMO, consider buying 30% at the current price (CMP) and adding the remaining 70% if either of these scenarios plays out. This way, you’re positioned for profit regardless of the market's direction.
A breakout above this key resistance could see SUI reaching new highs.
This is a setup worth watching, especially for those looking to accumulate on retests.
Please keep it on your radar!
Not financial advice. DYOR!
Want more setups for spot and futures? Follow me and like this post!
Thank you
#PEACE
Cryptorphic
DIONE/USDT Trade Setup! , 450%+ Potential Gains ahead!$DIONE/USDT is showing promising signs of continuing its uptrend. The chart reveals a breakout from two key descending triangle patterns, suggesting further bullish movement in the near future.
Currently trading at 0.008192 USDT, reflecting a 13% increase.
Two Scenarios:
Buy 30% at the current market price (CMP) and wait for one of the scenarios below to play out:
- Scenario 1 (S1): If the price maintains stability at this level, we could see a bounce that propels the price higher.
- Scenario 2 (S2): This level is critical for sustaining the overall bullish trend. A retest at this level can provide an optimal entry point.
Historical patterns show strong price movements, with previous breakouts delivering gains of 2,510% and 602%.
This suggests the potential for future targets at the upper resistance level of $0.0436, which represents nearly 432% gains from the current market price.
Trade Idea:
Entry: $0.0062 to $0.0082
Targets: $0.0122, $0.0167, $0.0265, $0.0295, $0.0322, $0.0387, $0.0432
Stop Loss (SL): No specific stop-loss; the aim is to accumulate as low as possible.
Keep a close watch on these levels for potential entries. A retest of Support 1 or Support 2 could present a favourable opportunity to position yourself in the market.
If you find this analysis helpful, please hit the like button to support my content and share it with your friends.
Thank you!
#PEACE
#TAO/USDT 250%+ Potential Profit! Breaking Out!!#TAO : One of the Best-Looking Breakout Charts!
With only 1 million in supply, this coin has the potential to serve as a well-balanced asset to complement your more volatile investments.
- Breakout: Confirmed
- Retest: Currently in progress
- Optimal Entry Range: $235 to $281 (Accumulate)
- Target: Potential 250% gains as the altcoin market rallies!
- Key Profit Levels to Watch:
- $389
- $477
- $550
- $675
- $743
Stop-loss: Not placing one—accumulating for long-term holding over the next few months.
Note:
Do your own research (DYOR).
This is not financial advice.
Want more setups for spot and futures?
Follow me and like this post!
Thank you
#PEACE
#BTC/USD ROADMAP to $93000! Stay Strong, Know the Plan!Hello everyone, first off, stay strong—things are going to improve soon!
Many people are confused right now and might get liquidated, eventually leaving the market and regretting it later. But not you! You have access to this information.
Take your time to read and understand the current situation fully.
Special Thanks to my close friend Adison for the valuable insights he shares with the community and me!
Please HIT that follow to stay ahead and like this article if it helps!
Key Bottom Ranges to Watch For
There are two high-confluence zones to look out for that could signal a strong bounce and an upward move:
• 50,521 - 50,901
• 46,216 - 46,930
These ranges represent higher timeframe (HTF) bottoms for the overall HTF trend. There’s a good chance that we could see a reversal within one of these zones, leading to a potential upward move.
However, if these levels don’t hold, we might see a deeper extension into the 37.7k - 43.5k range, which is an attractive liquidity zone. But this lower range only becomes relevant if the higher ranges fail to hold. That said, both of the above ranges are strong support levels and could propel the price back to all-time highs (ATH) of 70k - 72k or even higher, potentially reaching 89k - 93k.
Currently, we’ve already hit 53,400, a key level that’s holding off a potential sharp drop. If we lose this level, we could see a rapid decline to 3k. (Current price: 53,627)
Be prepared! We’ve already touched the 52,550 level, which is acting as major support. If it breaks, the ranges mentioned above become the most likely areas for a bounce, although the 52k range could still hold. However, I’m not counting on it, as we’ve previously sliced right through that level.
Additional Market Update:
• BTC is up 68% in volume.
• ETH is also up 68% in volume.
Both BTC and ETH have seen significant buying activity during this dip, especially since yesterday, with most of it happening today.
On the lower timeframe (LTF), the market is risky as we’re sitting at the final support zone of 52,550. Being the weekend, when mostly private retail traders are active, there’s a risk that they could get dragged down into losses, with many long positions liquidated before we move higher. LTFs are always tricky, and while volume is still low, pumps are easy.
I believe that the 52,550 support won’t hold through the weekend.
We’re likely to see the above-mentioned levels by the end of the weekend or early next week. Once those levels are reached, the market should stabilize, bringing a healthier, less choppy environment.
So it's just about a couple of weeks. Stay strong don't do anything stupid, I'll come up with more information very soon for trade setups on Altcoins.
Stay tuned and make sure you follow me.
HIt the like if you like it.
Thank you
#PEACE
#BTC/USDT Weekly Update! $58k first!#BTC Weekly:
Closed red at $54,881. Holding the GETTEX:54K support is a positive sign in the short term. However, the price action seems incomplete, with substantial liquidity sitting around the GETTEX:48K and $43K levels (as mentioned in my previous article on BTC).
The key focus right now is maintaining the GETTEX:54K level.
If we lose this level on the daily chart with a confirmation candle, expect lower levels to be swept soon.
That said, as long as we hold the current level, we could see a retest of $58K to capture liquidity.
BTC Daily:-
The daily chart looks promising, as the price has bounced off the support, with a confirmation candle printing today.
Stay tuned, and I’ll keep this chart updated.
Hit that like button and share if you like it.
Thank you
#PEACE
#BTC/USDT Bounce Incoming! Futures Trade Setup!#Bitcoin : 10/10 So far! Bounce seems highly likely at this level.
RSI Bullish divergence in the hourly chart.
But of course, no one knows for certain in this kind of market!
Invalidation:- Daily close below $54018.18!
If you're looking for a swing Trade, $54890 to 56150 is a good range to accumulate long on spot!
Futures Setup Here:- There's a higher chance of this setup getting invalidated if we lose 55500 again so be careful to try to keep your entry as low as possible to keep your Stop Loss small.
Always use leverage below 5x!
Entry:-
$56150, (50% entry)
$55700, (20% Entry)
$54890 (30% Entry)
Targets:-
$57155
$57855
$58200
$59544
Stop Loss:- $53854
This is a risky trade so always do your research this is not financial advice.
Do hit the like button if you want me to post more!
Thank you
PEACE
#USDT : Your Key to a Beautiful Green Winter!Is this rational? Absolutely!
Is this possible? Without a doubt!
BTC Dominance may keep rising for the next few weeks followed by a very strong rejection.
You'll see double and even triple-digit gains in a single day in altcoins.
Don’t sell your BTC and altcoins for cheap just yet.
We may see a bit more of this boring price action and possibly one last shakeout, but things are about to change quickly.
Thank me later, but for now, bookmark this post.
Big moves are coming!
Based on these two charts, I'll share 10 ALTCOINS with Entry and Exit points for the bull run.
So make sure you like and RT if you want me to post them soon!
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
#BTC/USDT Urgent Update!### BTC/USDT Technical Analysis (1D)
**Overview:**
Bitcoin is trading below the 50, 100, and 200 EMAs, within a descending channel, indicating a bearish trend. A break above these EMAs could trigger bullish price action.
**Key Points:**
- **Resistance:** $61,802 (channel top), $60,364.
- **Support:** $54018, 47,710, $43,882.
- **Invalidation Level:** $54,018 (daily close below).
**Scenarios:**
1. **Bullish:** Break above EMAs and channel top could target $68,000.
2. **Bearish:** Failure to break above EMAs and a close below $54,018 may lead to a drop towards $47,710 or lower.
**Conclusion:**
I think the price must break soon in the next few weeks, likely following our scenario with the blue forecast lines. Watch for a breakout above the EMAs for bullish potential; otherwise, expect further downside within the channel.
Do let me know what you think in the comments section and please hit the like button.
Thank you
#PEACE
#BTC/USDT Bullish September+Q4 Ahead!Detailed technical analysis of the BTC/USDT pair on a daily timeframe. Here’s a breakdown of the key elements and potential trading ideas based on the chart:
### Key Observations:
1. **Descending Channel Formation**: The price action is moving within a descending channel, with clearly defined peaks (marked as 1, 2, 3, 4, 5, and a possible 6) and troughs. The price seems to respect this channel, bouncing off both the upper and lower trendlines.
2. **RSI Divergence**: The RSI (Relative Strength Index) at the bottom of the chart is showing a bullish divergence. While the price has made lower lows, the RSI is making higher lows, indicating a potential reversal or a weakening bearish momentum.
3. **Two Scenarios Outlined**:
- **Scenario 1**: A breakout above the upper trendline, leading to a potential rise towards the resistance zone around the $70,000 level. This is supported by the drawn path, suggesting a bullish move if the breakout is confirmed.
- **Scenario 2**: A pullback to the support area around $55,000 - $54,000, before a bounce that could either break the descending channel or test the upper boundary again.
4. **Volume Consideration**: The chart indicates a period covering 197 bars (days) with a total volume of 6.448M BTC traded. The consistent volume could signify accumulation or distribution phases, depending on the context of the breakout or breakdown.
### Trading Idea:
Given the current technical setup:
- **Bullish Scenario (Long Trade)**:
- **Entry**: Enter a long position on a confirmed breakout above the upper trendline, ideally above $62,000 with a daily close above this level.
- **Target**: Initial target could be around $68,000 to $70,000. Further targets can be set at key Fibonacci extensions or psychological levels such as $75,000.
- **Stop Loss**: Place a stop loss just below the breakout point, around $60,000 to $59,500, to protect against a false breakout.
- **Bearish Scenario (Short Trade)**:
- **Entry**: Enter a short position if the price fails to break out and instead pulls back towards the support zone around $55,000.
- **Target**: Target the lower end of the channel, potentially around $47,000 to $45,500.
- **Stop Loss**: Place a stop loss above the upper trendline, around $62,500, to protect against a sudden breakout.
- **Neutral (Wait and Watch)**:
- **Strategy**: If the price remains within the channel without any clear breakout or breakdown, it might be prudent to wait for a clearer signal. This could involve waiting for a decisive move outside of the channel or for confirmation via volume and RSI divergence resolution.
This analysis provides a balanced approach, allowing traders to react to the market based on the price action relative to the defined channel.
Ensure that positions are adjusted according to evolving market conditions and use proper risk management.
Not Financial Advice, Always do your own research.
Please hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
#BTC Update, HODL!#BTC is holding strong above the July low, with lower liquidity from the FVG taken.
We're set for an upside move. However, expect some choppiness until the rate cut decision is announced.
Stay cautious, especially with leverage.
Invalidation: Close below $57,642
Let me know what you think in the comment section and do hit the like button.
Thank you
#PEACE
#DOGE printing beautiful DOJI ready for 10x this season?DOGE has been trading within this channel since February 2021, over 1,127 days, until it broke out with a massive candle in February 2024. Since then, it has been retesting the breakout.
Here’s why I believe DOGE can 10x to nearly a dollar:
1. Breakout above the long-term accumulation channel, currently being retested.
2. Printing a strong weekly Doji, signalling significant buying pressure from the bulls.
3. Elon Musk is likely to shill it after the presidential election this year.
4. Trading above the 200EMA and battling to stay above the 100EMA.
5. RSI below 45 indicates plenty of room for growth.
6. MEME coins have been outperforming solid projects this season, and I believe DOGE will lead the charge in this bull run.
7. Multiple indicators are suggesting a bullish move is on the horizon.
My strategy is holding on spot for the next 6 months and be ready to accumulate on any dips.
This is not financial advice, so please do your own research.
**Trigger Point**: Closing above $0.11 (grey liquidity area) on the weekly chart.
Do you think DOGE can 10x from here, or is it just wishful thinking? Share your thoughts in the comments, and don't forget to hit that like button if you found this helpful.
Thank you!
#PEACE
#BTC & #Alts If you're down, Read this! I know how you Feel!#Bitcoin Keeping it Simple!
CRYPTOCAP:BTC : Weekly close must be above $62k for a rebound. If we close below that level, BTC could drop to as low as $50,144 to $53,288. It's better to wait for the weekly close—stop staring at the screen if you're anxious.
After a red market comes green, right? So, don't try to catch falling knives. Even my spot bags are down, but remember what we did in the last bull runs? We sold right before the real rally started. Don't make that mistake again. It's better to log out and avoid futures trading.
If BTC hits the $50k-$53k zone, that could be a great opportunity. Why? Alts will have even more discounts, presenting a rare opportunity that comes once or twice in 4 years. So, buckle up.
BTC Dominance is nearing a high, possibly creating a Bearish Divergence. DXY is breaking support, and institutions like BlackRock are buying in. @saylor is raising $2 billion to add more BTC to the @MicroStrategy portfolio. A lot is happening.
You'll thank yourself in the next few months for not panicking. I know it's tough to see your portfolio down by 20% to 40%, but when these alts start making 5x or 10x returns, you'll be in the green. That’s likely to happen soon. So, stay strong, trust yourself, and don't try to outsmart the market. The key is choosing the right coins—I've posted many altcoin setups for that—and being patient with those bags.
If you're new, steer clear of futures.
Conclusion:
BTC is trading around support. $60.3k is a good support level. A weekly close above $62k is crucial. If that doesn't happen, we'll wait for more opportunities. This price action might continue for 4 to 8 weeks before the real rally begins. The plan is simple: stick around for the next 4 to 8 weeks without making rash decisions.
I hope this post helps! If it did, please like and share so more people can read this during these challenging times. Stay strong, WAGMI :)
Thank you
#PEACE
#BTC/USDT TA + Altcoin Strategy, Don't Repeat this mistake!!Welcome to this quick update, everyone.
**BTC Update:**
Yesterday, BTC made a low of 62,300 on Binance but quickly bounced back, closing around 65,354.02 with a beautiful Hammer candle on the Daily chart. While the 4-hour chart still looks bearish, the Daily chart is holding strong around the $63k support level, with the 100 SMA acting as a key support line. This price action is promising.
**My Strategy:**
I'm staying on the sidelines for now, waiting for another Daily candle to confirm if this price action sustains. The Weekly close will provide more clarity. Currently, the market is choppy, which isn't ideal for trading futures. My strategy remains the same; I'm expecting the market to show some fireworks in the next 3-4 weeks. There may be one last dip before a rally, so I'm keeping some USDT in reserve. By the end of this month, I plan to buy 5 strong altcoins that I believe will perform well in the next 6 months. Follow me for the list!
**Trading Advice:**
Don't lose money on futures; this is the best time to build a strong portfolio on spot. If your portfolio is small and you plan to trade futures, make sure you're taking profits on every move. Even the best traders get beaten by the market; the only thing that matters is your position size. If you lose your monthly P&L in a single trade, it simply means you're being greedy and not learning from your mistakes. Don't do this!
I hope this helps! If it did, please hit the like button to support my content and share your views, comments, questions, or chart requests in the comment section.
Thank you, and #PEACE!
#BTC/USDT Update, Breakdown or a Deviation?#Bitcoin is breaking down on the 4-hour chart, with daily support around $64,300. A break below daily support could potentially take BTC down to $60k.
I believe this choppiness will persist for a while.
It might be wiser to stay on the sidelines for now. Use strict stop losses in leveraged trades and hold onto your spot positions with diamond hands.
Even if BTC dips yo the lower levels we will get some good deals in Altcoins.
Let me know what you think in the comment section.
Please hit the like button.
Thank you
#PEACE
#BTC/USDT Update, $70k on radarAfter 139 days of consolidation, we're witnessing the fifth attempt to break the resistance. Patience is crucial; we need to wait for a confirmed breakout. In the meantime, we'll keep buying the dips for altcoins.
**My Thoughts:** BTC is likely to break the $70k zone. The "sell the news" reaction following Trump's speech was quickly bought up. Bulls and institutions are loading up while retail investors remain cautious, waiting for another dip. This creates an ideal scenario for BTC to break to the upside.
Let me know what you think in the comment section and please hit the like button.
Thank you
#PEACE
#BTC.D Altcoins Dumping?? This is what you need to know!Here's the current dominance chart. Notice the breakdown? This move appears to be more of a retest and it's nearly complete. That's why I'm accumulating some altcoins during dips. Futures trades are risky right now, so I'm holding off on sharing much in that regard.
We need to wait for a strong rejection, which seems likely to happen soon.
Patience is key, everyone.
This is the move we've been anticipating for a couple of years.
Let me know what you think in the comments section.
Please hit the like button, Thank you
#PEACE
#BTC/USDT Road to $150k!#BTC : Block out the noise.
We're far from finished! Each dip presents a new opportunity.
You FOMO when the market's green, but turn sceptical when it's red. That strategy won't cut it.
Bitcoin Monthly Analysis Update
Chart Overview:
- Channel Analysis: Bitcoin is in a long-term ascending channel, showing a bullish trend with strong support and resistance.
- Historical Patterns:
- 2016-2018: 60 bars (420 days),
- 2020-2021: 34 bars (238 days),
- Current Position: Trading at $66,993.6 nearing upper channel resistance with a target of $115k to $150k.
Key Levels:
- Support:
- $51,682.
- $43,285. (High Liquidity Untested Territory)
- Resistance:
- $66,993.6
- $73,000
Future Projections:
- High Liquidity Untested Territory: Retest around $43,210.7 could be a strong buy.
- Bullish Scenario: Breaking current resistance targets $115,000 - $150,000.
- Bearish Scenario: Failure to break $70k resistance may lead to correction towards support levels in the high liquidity zone, GETTEX:48K to $60k. (Will update as the time goes and more candles are printed), less likely scenario but possible. Am I scared or selling? NO! I am holding BTC and Alts.
Market Sentiment: Volume increase during last bull run suggests bullish sentiment, but traders should be ready for volatility.
Conclusion: Bitcoin remains bullish within the ascending channel. Monitor key levels to capitalize on market movements.
DYOR, NFA 🚀
#Crypto
What do you think?
#BB/USDT is Ready to be sent!!Technical Overview and setup:
🔥 Inverse Head & Shoulders breakout at $0.51 confirmed!
📈 Targets: $0.65, $0.86
📉 Stop-Loss: $0.43
Technical indicators support bullish momentum. Watch for increasing volume to confirm breakout strength. Even if this pattern fails, SL is very small.
Good for both spot and leverage.
dyor, nfa
Please hit the button, Thank you
#PEACE
#BTC/USDT Hit our Target $63k What's Next? Since the last BTC update, the price has followed our expected path perfectly. Currently, BTC is trading right around the critical resistance level of $63k, a level I've highlighted since it reached $53k. This is the moment of decision.
Following the news of an assassination attempt on Trump, the market experienced a relief rally. However, it's still uncertain whether we are out of the woods yet.
The best strategy now is to start positioning into altcoins while holding BTC. Over the past 3-4 weeks, I've posted insights on 40 altcoins. Feel free to review those, as I'll be sharing 30 more promising altcoins starting today, so make sure to follow me.
Returning to the chart, if BTC breaks above the $63k level, we could see it trading around $70k+ in the short term.
The mid-dotted line, which previously acted as support, has now turned into resistance. A breakout above this level could be very bullish for the market since the same level aligns with Multiple EMAs.
We are almost there; patience is key.
The most reasonable move now is to wait for a breakout above $63k. A break and close above this level would signal a strong opportunity to go long on both altcoins and BTC.
I will keep this chart updated and inform you of any significant changes, whether the breakout occurs or not.
So, follow me and share these charts with others. Don't forget to hit the like button. Please share your views, questions, or altcoin requests if you have any.
Thank you.
PEACE
#PEOPLE/USDT Futures Trade Setup!If you're seeking a low-risk, high-reward setup, SEED_DONKEYDAN_MARKET_CAP:PEOPLE looks promising to me.
Entry Range
- Entry: $0.06180 to $0.06022
- Stop Loss (SL): $0.05977
Risk Reward:- 1:14 (Highly lucrative) but SL is a must!
Target Levels
- First Target: $0.06477
- Second Target: $0.06677
- Third Target: $0.06987
- Fourth Target: $0.07322
- Fifth Target: $0.07677
Remember to Do Your Own Research (DYOR) and note that this is Not Financial Advice (NFA). If you consider this trade, I repeat SL is a must.
#Crypto #peopleusdt
#BTC/USDT Weekly Analysis, $44k or $58.5k, Fib Levels.#BTCUSDT Weekly Update:
BTC is trading just below the crucial level of $58.5k. Let's look at the current situation.
Current Situation:
- BTC is in a precarious position. The $51k level corresponds to the 0.382 Fibonacci retracement, which hasn't been tested yet.
- The 0.618 Fibonacci retracement, often referred to as the "golden pocket," is also yet to be tested.
- A close below the 0.382 level could drive BTC down to $44k or even $38k. This isn't fear-mongering, just a straightforward chart analysis using Fibonacci Retracements. Such a move would likely trigger a broader market downturn, with altcoins potentially experiencing 50% further discounts.
Possible Avoidance Scenarios:
1. BTC maintains the monthly support level of $56.5k.
2. BTC closes above the $58.5k level, rendering the current price action as a deviation (false breakdown).
For those considering entering altcoins, it might be wise to wait for clear confirmations on either side.
Let me know your thoughts in the comments section. Bookmark this chart for future updates, and hit the like button if you found this helpful!
Share with your friends.
Thank you
#PEACE
#BTC Short Update!#BTC: Holding Strong Within the Box and EMA
The anticipated bounce occurred within the expected region, reaffirming our position.
Now, it's crucial to observe the weekly close for more clarity. IMHO, avoiding FOMO and waiting for clear reversal signals is wise before making any moves.
Will share the weekly chart later today for the exact price levels which BTC needs to reclaim.
Let me know what you think in the comment section and please hit the like button if you find my updates helpful.
Thank you
#PEACE
#BTC/USDT Bounce or more pain?#Bitcoin : We've been waiting for this volatility for weeks. This is the point where a bounce should occur. A close below this level would be drastic for the market.
For more clarity, I'll be sharing the stable charts.
Altcoins are showing good opportunities, but we still need to wait for clear reversal signals before entering. GETTEX:54K is a key level in the higher time frames (HTF). Don't lose it, bulls!
Stay strong.
WAGMI