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Bitcoin Bullish count up.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Reacting and testing level identified. Bulls need to break this level (63380) and the pivot (65k) as a show of force. Here is my conservative take if an impulse completes. All hinges on 61779 and (1) pivot holding. Possible ZZ completing so looking for a reaction off most likely targets. One reaction is given. Looking for an impulse down. Trade Safe, Trade Clarity.
COINBASE:BTCUSDLong
by CryptoKnee
Dogs: Knows its boundries.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! If it can hold this level and move up to break and flip these other levels. Elliott wave side, it looks like a ZZ up which would call for the lows to be taken. The last move up from 0.0009941, which was an option from my last update looks like a 3 wave move so there is a super bullish alternative here, a running flat. But the Price Action here has alot to prove. 0.0011732 is a strong resistance. 0.0011184 is the fisrt obsticle for bulls. 0.0010609 is displaying as support atm, a break and it could turn into resistance. 0.0009941 has been holding as strong support. Bulls do not want to see no more than a sweep of that level. Breaking the pivot low, could just be a sweep but the Elliott wave would have to be reconfigured. Trade Safe, Trade Clarity.
Long
by CryptoKnee
Herding CatIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Ideally it needs to stay above 0.000030662. On the Elliott wave side it looks like a potential impulse being put in, and we are at the Wave 4 of the larger degree which could mean another move up. If the level metioned breaks it becomes less likely. MO. 0.000028937 is the final level I would want to see it fall beneath. Trade Safe, Trade Clarity.
Long
by CryptoKnee
BTC: Impulse or ImposterIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! I'm bullish on CRYPTOCAP:BTC on the 1-hour chart as long as price action continues to print higher lows and higher highs. The current Elliott wave structure still looks intact. A breakdown below 56122 would lean toward the Zigzag pattern being complete. However, if 56122 holds, there's a good chance we could see a move closer to 60K. Trade Safe, Trade Clarity.
COINBASE:BTCUSDLong
by CryptoKnee
Dogs: Reaction to invisible fencesIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Dogs looks ok as long as it stays above 0.0009941. It's followed my paths down a played off of my levels down, which remain reactive. The price action is still printing lower highs and lower lows. A 3-wave move down to the last pivot suggests the correction may not be over yet. For the bullish case to strengthen, the move up needs to stay intact, no break of the low, and break 0.0011390 to challenge the current Elliott wave outlook. Trade Safe, Trade Clarity.
Long
by CryptoKnee
2
NEIROETH: Completed impulse? Levels to watch!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! There is a potential for an completed impulse up here, not the most ideal look and the 3 wave move up could mean there is a flat in the works... But I think the main level we have to watch is the 0.1168 area. A sweep of the level would be ok, but a break of the level could lead to it turning into resistance and a revisit of some lower prices. Trade Safe, Trade Clarity.
Long
by CryptoKnee
1
Link: Signs of life?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bullish Take: Breakout Possibility: The price has been testing the downtrend line (blue line), and a potential breakout above could lead to a bullish rally. Key Levels to Watch: The next target after a breakout is the $10.812 level. Recovery Formation: The price is hovering near a critical support level at $9.910, and if it breaks and holds, this could trigger a bullish reversal. Bearish Take: Downtrend Still Intact: The price remains under the blue trendline, suggesting the downtrend is not yet broken. Support at Risk: If $9.910 fails to hold, the next support lies around $9.329, which could lead to further downside. Lower High Formation: The chart shows a series of lower highs, reinforcing a bearish sentiment unless a strong breakout occurs. In summary: Bullish outlook if price breaks the trendline and moves above $10.812. Bearish outlook if price breaks down below $9.910, potentially leading to $9.329. Trade Safe, Trade Clarity.
Long
by CryptoKnee
1
DOG: Leash Yanked. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bull Thesis: Five-Wave Structure: A completed five-wave structure labeled as wave (5) suggests a possible end to the correction, followed by a potential bullish impulse. ABC Correction Completion: The corrective ABC pattern seems to be nearing its end, indicating the possibility of a trend reversal upwards. Support at 0.0010845: The chart shows significant support around 0.0010845, which could serve as a base for a potential rally if prices hold above this level. Bear Thesis: Price Target of 0.0009633: The chart indicates a downside target of 0.0009633, showing potential bearish pressure if the current support levels are broken. Rejection at Resistance: If the price fails to break above the highlighted resistance areas, a deeper correction could occur, pushing the price down towards the lower support levels. Strong Resistance Zone: The area around 0.0011732 acts as a strong resistance, and repeated failure to break through could lead to a bearish reversal. In summary: Bullish if prices can break through key resistance at 0.0011732 and 0.0010845 and convert them to support Bearish if prices fail at resistance 0.0010845 and breaks lower towards the 0.0009633 target. Trade Safe, Trade Clarity.
Long
by CryptoKnee
Dogs: Need to hop this fence. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bull Scenario: Break Above Resistance: If the price successfully breaks and holds above the 0.0010845 level, it could trigger bullish momentum. Target Levels: Bulls would aim for higher levels, with potential targets around 0.0012 and 0.00125. Higher Highs and Higher Lows indicates the trend at the smaller degree is up at the moment. Bear Scenario: Rejection from Resistance: If the price continues to reject from the 0.0010845 resistance, it could fall toward key support levels. Downside Targets: Bears would aim for the first support at 0.0009999 and then the next level at 0.0009741. Trend Continuation: Breaking the Lower Lows could lead to continuation of the down trend at the higher degree. Trade safe, trade clarity!
Long
by CryptoKnee
1
DOGS: Chance for redemption?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bullish Scenario: What Needs to Happen: The price needs to break above the descending trendline and sustain above the 0.0010845 USDT support level. Target: Move towards the next resistance levels, potentially higher than 0.0011753 USDT. Bearish Scenario: What Needs to Happen: The price fails to break above the descending trendline and continues to respect it as resistance. Confirmation: A drop below the 0.0010845 USDT support level will confirm further bearish momentum. Target: Move lower, potentially testing previous lows, and further downtrend continuation. This analysis hinges on the price action around the descending trendline and key support/resistance levels. Monitoring these areas will provide clues on the next significant move for DOGS/USDT. Trade Safe, Trade Clarity.
Long
by CryptoKnee
#FLOWUSDT Ready for an Imminent Breakout or Fall? Key Insights Yello, Paradisers! Are you ready for a potential bullish surge with #FLOWUSDT? Let's look at the latest analysis of the AMEX:FLOW and find out what's happening: 💎Currently, #FLOWUSDT is showing strong potential for a bullish continuation from a critical demand zone at $0.519. We’ve been closely monitoring this asset as it follows a falling wedge pattern, and it's attempting a breakout from this formation. The next key target for #FLOW after a successful breakout is the internal minor resistance at $0.725. 💎If AMEX:FLOW can hold firm above this level, we could be on the verge of a significant bullish rally, echoing past market moves. Breaking above the crucial resistance at $0.725 could clear the path toward even higher resistance zones, opening up opportunities for further gains. 💎However, caution is essential. If momentum weakens at this critical demand zone, we might see a pullback to the lower demand area around $0.438. 💎Keep a close watch on #FLOW's price action. A daily close below this demand area could invalidate our bullish scenario, potentially leading to further declines. Stay focused, patient, and disciplined Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Is #RENUSDT About to Skyrocket or Sink? Key Levels in FocusYello, Paradisers! Are you ready for the next big move on #RENUSDT? Let's look at the latest analysis of the #REN and see what's happening: 💎We're seeing some strong potential for a bullish continuation from a critical demand zone at $0.0343. We've been closely tracking #REN, which follows a descending channel pattern and seems to be gearing up for a bullish breakout. The next key target to watch after the breakout is the internal minor resistance at $0.059. 💎If #REN holds steady at $0.0343, we could be on the brink of a significant bullish rally, much like those explosive moves we've seen before. A breakout above the crucial resistance at $0.059 could pave the way for a run toward even higher resistance zones—with potential gains ready to take us even further. 💎But caution, Paradisers! If momentum weakens at this critical demand zone, we might see a pullback to the lower support area around $0.0276. 💎Keep your eyes on #REN price action. A daily close below this support could invalidate the bullish scenario and open the door to further declines. Stay focused, patient, and disciplined Paradisers. MyCryptoParadise iFeel the success🌴
RLong
by MyCryptoParadise_Simon
2
DOGS: Rolled over, ready for a new trick or?...If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Dogs followed the path to the down side. Here is the updated 1-hour chart for DOGS/USDT which provides additional clarity on the downward trend and potential reversal points: Descending Trendline and Resistance Points: The descending trendline marked in yellow has been tested multiple times (indicated by red circles), reinforcing its significance as a resistance level. The price is struggling to break above this trendline, which has kept the downward pressure intact. Support and Resistance Levels: Resistance at $0.0012091: This level remains a key barrier for upward movement. It has played as support in the past. The break below can lead to this level becoming resistance now. It is the key level bulls need to regain. The zone at $0.0011282 is currently playing as resistance and is a critical levels to watch; a rejection could signal a deeper decline. This is the first level the bulls have to regain. Bullish Scenario: If the price manages to break above the descending trendline and sustain above $0.0011565, and flip the current resistance into support, it could lead to a bullish reversal Bearish Scenario: A failure to break above the trendline and resistance, could lead to further declines, validating the bearish momentum. Conclusion: The price is in a critical phase, with the descending trendline acting as a strong resistance. A break above this line could signal a bullish reversal, while continued rejection and an inability to regain the resistance levels would likely result in further bearish movement. The overall sentiment remains cautiously bearish unless a significant breakout above the trendline occurs. Trade Safe! Trade Clarity!
Long
by CryptoKnee
Dogs: Sit-up or roll over?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! The DOGS/USDT 1-hour chart indicates a potential Elliott Wave structure, with a completed 5-wave uptrend followed by an ABC correction, suggesting the market could be setting up for a new upward move if key levels hold. However, the move from the proposed end of the C wave is not forming an ideal motive wave. Key Levels: Support: The significant support zone around 0.0012091 could serve as a foundation for a potential bounce, with 0.0012879 currently acting as support. Resistance: Resistance is noted at 0.0013205 and 0.0013788. As the price approaches these levels, it may encounter selling pressure. For a sustained bullish trend, these levels need to be broken and flipped into support. Technical Indicators: A descending trendline from the peak of wave 5 underscores the bearish trend. The price is testing a break above this trendline, which could signal a trend reversal if it holds. A Fibonacci retracement at the 0.618 level would add validity to the bullish scenario with a break of it excluding the potential for algorithmic participation. Scenarios: Bullish: If the price can break above the descending trendline and maintain above the 0.0012091 support, it could target higher resistance levels. Successfully breaking and converting these into support would suggest a continuation of the bullish trend. Bearish: Failure to hold above the 0.0012091 support level may lead to further declines, reinforcing the bearish trend. Conclusion: DOGS/USDT is at a pivotal juncture. Holding above the descending trendline supports a bullish outlook, while failure to maintain support levels could signal more downside. Monitoring price action around these key levels will be crucial for determining the next move. Trade Safe! Trade Clarity!
Long
by CryptoKnee
I just got LONG QTUM / USD Cryptocurrency: See Charts I got a LONG-trade just now on Cryptocurrency QTUM / USD. I don't know much about it but it looks strong on the charts. You can see the bullish W/bottom which is well supported with strength underneath current price on the Weekly with very strong Stochastics very over-sold however they are pressing up hard and through the 20 level which is bullish coming out of over-sold on the important Weekly- Stochastic. Also, see in the Weekly / Chart above the MAC-D bullish cross-up recently. Both of these things tell me that price is very well supported on this weekly chart to come out of its over-sold condition with plenty of support and strength upwards in price going into the new week. USD could be weak for a little longer, however I do see the USDX turning around and rallying this coming week, possibly Tuesday / Wednesday. On the 4HR chart notice the bullish Cup 'n' Handle pattern that has formed. Notice on the Daily Time-Frame here another bullish W-Bottom which has strength because the yellow 9 EMA has recently crossed-up & over the blue 50 EMA & this is very bullish. Finally, here is the 4HR chart and the Cup 'n' Handle pattern I mentioned. The spread is terrible on some of these buy-sell orders on the little know Cryptocurrency's so just be aware. STOP LOSS: Stop at 2.16, which is directly underneath this current bullish candle on the weekly. Take Profit: 3.86. See chart below.
EIGHTCAP:QTUMUSDLong
by Easy_Explosive_Trading
FLOKI On the Edge of a Major Breakout | Key Levels to WatchYello, Paradisers! Is #FLOKIUSDT about to unleash a bullish rally? Let's look at the latest analysis of #Floki and see what's the probability of a breakout: 💎 SEED_DONKEYDAN_MARKET_CAP:FLOKI is currently showing signs of a bullish continuation from a critical support zone at $0.000125. We've been tracking #FLOKIUSDT as it navigates a Descending Broadening Wedge pattern, and now it's attempting to break above the descending resistance line. 💎If #FLOKI holds strong at this level, we could be on the brink of a significant bullish rally, mirroring previous trends. A breakout above the key resistance zone at $0.000126-$0.000137 could pave the way for a run toward the next resistance levels and beyond. 💎However, caution is crucial. If momentum weakens at this critical support, we might see a rebound from the lower demand area around $0.000096. 💎A daily close below the demand area could invalidate the bullish scenario and signal further declines. Stay vigilant, Paradisers, and keep a close eye on FLOKI's price action. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
5