FTMUSDT PREPARING FOR LONG ENTRY
Hello everyone, and happy Monday! I wish you all the best for the week ahead!
This is FTM on the daily timeframe. The system has just flipped short, but since we are in a bull market, we don’t take short positions. Instead, we wait for the system to flip long again. Only then do we enter the market on the long side.
We can also see that the price has just dipped below the 0.786 Fibonacci level (all-time). This means two things:
1. The system signals that we should wait.
2. The price is below this key level, which is a crucial support zone.
Conclusion: We wait for two confirmations:
The system flipping long.
The price reclaiming the 0.786 Fibonacci level as support.
Patience is key, so we’ll check this chart again tomorrow.
Stay safe!
DEFI
ETHUSDT WEEKLY ENTRY SIGNAL LONGHappy weekend, dear hodlers!
I hope you’re having a great time and enjoying this wonderful bull run.
This is ETH on the weekly time frame. It has passed the 0.382 FIB level and is now at a resistance level that accounts for one-third of all historical price action. Volume is decent, but there’s room for improvement.
The trading system is signaling an entry at this level, which aligns with last week’s close.
Overall, everything looks promising for a long-term entry for those looking to HODL.
I’ll keep this idea updated!
Alikze »» BEL | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
- BINANCE:BELUSDT It is moving in an ascending channel in the daily time frame.
- After hitting the ceiling of the channel, a correction has been encountered, which is met with demand in the OB area and an upward wave has formed.
- Currently, it can face the demand again and touch the specified targets by returning to the bottom of the channel and the green box area.
💹 Support zone: 0.48 - 0.39
🏹 Goals: 0.78 - 0.87 - 1.07 - 068
⚠️ In addition, if the 0.39 area breaks and is below the stabilization range, it can continue the correction process.⚠️
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Alikze.
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Chainlink goes for the title of top-1 blockchain in the worldChainlink is going mainstream! The project is being implemented in a number of major European banks and has also reached an agreement on partnership with SWIFT! This is an incredible result for cryptocurrencies. Chainlink also has multiple applications in other areas: DeFi, Gaming, NFT, DePin and RWA. Take note, don't miss out on an Apple-level project in its infancy!
ALTcoins Are Trying To Follow Bitcoin; DeFi Bulls Are HereWe talked about DeFi Index back on August 21, when we actually spotted a completed complex W-X-Y corrective setback that gave us a bullish setup formation of a larger degree.
Since August it's been mostly accumulating and with a broken channel resistance line connected from the highs, it's probably forming a bullish setup formation with a sharp wave (1), which was followed by an A-B-C flat correction in wave (2) that nicely retested upper channel line as a support.
So, with current sharp and impulsive rally, watch out for a strong bullish continuation within wave (3) of a five-wave bullish cycle that can send the price back to March highs, especially if breaks base channel resistance line and 1000 bullish confirmation level.
CRYPTO TOTAL DEFI MARKET CAP BOUNCE OFF 200MA WEEKLY Hello, dear HODLers, especially DEFI HODLers!
This is **TOTALDEFI CRYPTOCAP** on the weekly timeframe. The 200MA has acted as support for 18 weeks, and this week has pushed the level to a new high compared to the last 18 weeks. If the current week closes at this level and confirms a new high, we may see new resistance levels being tested—but more on that when the time comes.
I strongly believe in DEFI, so my bias is very bullish. That said, I strive to provide unbiased information, so I recommend taking my analysis on this with a pinch of salt.
Tomorrow’s weekly close will bring more updates.
Stay safe and humble, and enjoy the weekend!
Is the LINKBTC chart projecting more #DEFI & #ALTCOIN pain?Since topping out nearly 4 years ago
the #LINK versus #BTC ratio has been down and to the right, with relief rallies being sold into.
Clear trend of lower high's and lower low's.
The trend has not been friendly to the Link Marines!
Are we repeating the tale of #XRP and their faithful army?
Both get dumped on by the their respective foundation or founding company.
Both claim Banks will use their products / software ...
Link does have #CCIP usage but it is not the only #interoperability solution.
We already have #RWA on the blockchain.. they are called #stablecoins.
Either this ratio is in danger of breaking down.
Which maybe signalling a broader #Altcoin market demand destroying period....
Could #geopolitical tensions explode this summer to cause a massive #RISKOFF event and the #Dollar to spike?
Is Trump’s Presidency a Bigger Win for DeFi than Bitcoin? Were decentralized finance (DeFi) assets like Ethereum underestimated leading up to the election?
Ethereum is now outpacing Bitcoin following Donald Trump’s 2024 U.S. presidential win, with Ether (ETH) gaining 4% in the past 24 hours (and 14.1% in the past 5 days). Bitcoin on the other hand is down 0.4% in the past 24 hours)
Analysts suggest that the Republican administration’s expected support for DeFi will play a pivotal role in Ethereum’s growth.
Trump has signaled interest in policies that could nurture blockchain technology, encouraging legislative reform to promote DeFi innovation in the U.S.
Bitcoin may hold its status as a store of wealth (and even a potential alternative reserve for the US treasury), but Ethereum’s recent performance suggests it’s increasingly well-positioned to benefit from the changing policy environment.
AAVE getting the Trump pumpThe past 2 years
Anyone who's been following me for a while knows I have been and continue to be quite bullish on AAVE. My first large buy this cycle having been around $55 in 2022, with additional buys on the way up at $70 and $100. COINBASE:AAVEUSD has been carving out higher highs and higher lows for the good part of 2 years now. Then in July we got a nice bullish engulfing hammer setup off the $90 support level. That set the tone for continued bullishness and set up the next leg that has brought us to where we are at today, currently at $170.
Funnymentals
I am not a fundamentals guy but I think there's some points here that shouldn't be ignored if you're planning on holding this for longer than a short term trade. Aave has proven itself as the best, the largest, and the most trusted DeFi borrowing/lending platform around. As we've often seen with other tech leaders (e.g. Amazon, Google, etc), Aave which was already the largest platform by TVL and market share has only gotten larger and taken even more market share. This isn't by accident. Aave has an absolute superstar team that continues to deliver year after year, rain or shine, bull or bear. I don't see this changing anytime soon.
The Trump partnership
I'm using the term "partnership" very loosely since Aave is a money lego that anyone can build on, but it's important to note that this is the protocol the Trump team decided to build their front-end on. In addition to that, their respective communities are working together on token allocations, which is as close to a partnership as you'll find in the DeFi space.
The Trump pump
With pro-crypto candidates winning across U.S. on election night and Trump, the most pro crypto presidential candidate we've ever had, winning the presidency, this has set up a major tailwind for the crypto space and put a spotlight on Aave. It remains to be seen just how big of an impact this has in the long term, but I know I'm not going to fade it.
TA
Back to the chart technicals, as I said at the start of the post, AAVE has a nice long term bullish chart structure. The way I've been trading this is by having a core position based on the long term setup, and then trading around that core position anytime shorter term setups to present themselves. I've kept this trade simple by going from key level to key level and knowing where my invalidation levels are. The most recent being the $120 major support area. My 1st big price target which I've had marked for the last few years now, sits around around $450. That can change as we get new price action setups, but these are the parameters I'm trading with right now. In the meantime I'll continue watching the short and medium term for new setups to trade around my core position.
DreamAnalysis | REN Futures Key Triggers and Levels✨ Welcome to today’s analysis! Today, I’ll be reviewing REN and identifying crucial futures trading triggers for this coin. We’ll start with the daily timeframe and then move to the 4-hour timeframe for more detailed insights.
📅 Daily Timeframe Analysis
In the daily timeframe, REN has been in a prolonged downtrend since hitting resistance at $0.11457, a decline that has continued for almost 200 days. Currently, the price is at the $0.03268 support, which is the most critical level for this coin. Although this support is robust, repeated encounters with this level have gradually weakened it, having already been tested four times in this cycle.
🔽 If this support fails, the price may move to the next support level at $0.02839. This is the last major support, and a loss here would likely lead to sharp, deep drops on the chart.
🔼 If the price rebounds from support, the first long trigger will be a break above the trendline and $0.03924, followed by a second trigger at $0.04436. Both are risky triggers, so I rely on volume and RSI confirmation before entering positions. (While volume and RSI are essential in all trades, they are even more critical in higher-risk positions.)
📊 Currently, volume is stagnating, showing no clear momentum. If $0.03268 breaks, high selling volume will confirm the breakout; otherwise, it could likely be a false break. For a long position, a strong increase in buying volume is necessary to change the trend.
📈 The primary long trigger is a break above $0.05437, a significant support level for this coin, which can also serve as a spot buy trigger. An RSI break above 58.61 would indicate a bullish momentum. Spot targets include resistance levels at $0.08088 and $0.11457.
⏳ 4-Hour Timeframe Analysis
In this timeframe, we can refine the $0.03268 support to $0.03385, where a breakdown has already occurred, followed by a potential pullback. If the pullback confirms and the price sets a lower high, the support breakdown will be valid, setting $0.02839 as the next target.
📉 One noteworthy detail in this downtrend is that volume is decreasing; however, as today is Saturday, reduced volume is typical across markets, so it’s not necessarily a sign of weakness. Additionally, RSI is near the 30 mark, and a break below could introduce bearish momentum, pushing the price toward the next target if the pullback confirms.
📈 However, if this breakdown proves false and the price reenters the $0.03385 to $0.03963 box, it indicates that buyers have stepped in, pushing the price back up despite the support break. In that case, we can anticipate a bullish move, and a break above the $0.03963 resistance could be a long trigger. A riskier long trigger would be a break above the 50 line in RSI, along with a higher high in Dow Theory. All of these triggers will only be valid if the price reverses the downtrend and reenters the box.
❌Disclaimer
This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
Gala/USD weekly 50-100 sma cross bullish signalThe 50-100 cross is currently occuring for gala on the weekly timeframe. This is very bullish for the token because of the timeframe. RSI is nuetral around 47. Cross occured during downtrend and that downtrend in now clearly broken. A weekly close above the rising support will confirm this. Target is between 1.618 and 1.382 of previous high swing low.
Not financial advice. Do your own DD.
Thanks for viewing the idea.
TGT - ThorwalletDEX - vultisig - banana!Even a child sees that there is a big banana in the making :)
Do some research and look up the tokenomics and the fundamentals behind the potential upcoming banana.
I don't set any short term targets for this token (before upcoming merge), but I predict success, and the chart suggest so.
#payment solutions
#revolutionary wallet
#native assets
The US ELECTION gives Wall St confidence and Bitcoin pumps.Satoshi 4 year cycle neatly intertwines the the USA #election cycle and the debt/interest rate cycle / The business cycle. To gives us predictable patterns of outperformance.
The months of November into Spring post halving is essentially the Banana zone.
Let's make the most of it ...
you should be allocated into you main core coins
and buying into strong #altcoins that are capturing the zeitgeist.
I believe #Solana is likely to outperform on their respective ratio
#Pulsechain may surprise people once #ETH closes in on the $4,000 mark
And #TitanX ecosystem to continue to flourish in a #DEFI resurgence. (TitanX is the best example of DEFI i have seen so far.)
VC coins may likely continue their relative underperformance as the collective crowd shuns the poor deals offered to us.
Moonwell Enters Price Discovery! 600% within 1 week?Don't be fooled by this recent pullback. The KUCOIN:WELLUSDT / COINBASE:WELLUSD (Base's Moonnwell lending protocol) is set-up for an incredibly bullish run!
• Price is at the upper bollinger bands . When a strong uptrend starts, the price tends to "ride the upper bollinger band" for weeks, if not months.
• Golden cross on the daily chart + On Balance Volume confirms healthy uptrend.
• Moonwell is a Circle (stable coin issuer) partner and core #DeFi infrastructure of the Base Layer 2, along with #Aerodrome.
• When Aerodrome entered price discovery mode earlier this year, it did a 31x (yes, over 3100% surge). SPARKS:AERO 's first major leg started on a Monday – and price did a 7x within just five days! (Before moving much, much higher).
If you are not in Moonwell, now is your chance to enter before price discovery mode.
Hatom (HTM) - Promising small-cap crypto for yield in DeFiHatom (HTM) shows notable strength in the daily chart after breaking out from the 30-day exponential moving average (1D 30EMA) on August 19. What acted as a strong resistance from March to August (testing twice in the meantime) can now become strong price support moving forward - currently at ~$0.89 (the 30EMA).
The daily RSI also displays a strong uptrending momentum, at 62.77 by post time.
Fundamentally speaking, Hatom Protocol is one of the most solid and promising DeFi protocols I have found and experienced using in crypto. Hatom Labs, the core developer, is setting solid new standards by the way they do business (multiple tests, plenty of security audits, no rush to launch or make announcements, not trying to induce FOMO with marketing gimmicks, etc.)
They have recently made the 9th protocol update after one year of launch and this is another aspect I like about the project: Hatom Lab's communication strategy - clear of noise.
They reserve their comms for relevant announcements only, as security is their north star.
The recent announcement (which can be found on X @HatomProtocol) revealed some really exciting features ahead for yield farming/generation through liquidity, lending, and booster operations.
They are also launching a decentralized overcollateralized stablecoin called USH to compete with Sky's (formerly MakerDAO) DAI. Which, in my opinion, is very much needed and appreciated. We need more of these solid decentralized stablecoins around.
I'm invested in HTM for the mid- to long-term, but I also think that, right now, the token offers a good long opportunity, so I'm also longing it for the short-term, eyeing the ATH at a first target.
It's important to note that Hatom is a small-cap crypto, so beware of all the risks that come with this kind of asset.
It runs on the MultiversX (EGLD) chain, but are also planning to expand to other chains.
Can buy via the xExchange DEX and long on AshPerp.
DreamAnalysis | ARKM Analysis: Key Levels and Trading Triggers✨ Welcome to today’s analysis! I’m going to analyze ARKM (Arkham), one of the most well-known projects in the crypto space, and identify key triggers for spot trading. ARKM is a DeFi project that gathers wallet data and offers it on its platform, making it one of the most useful tools in the DeFi ecosystem. Let’s dive into the technical analysis of this coin on the daily timeframe.
📅 Daily Timeframe Analysis
On the daily chart, ARKM hit its all-time high (ATH) at $3.914 before entering a distribution phase. After breaking below the SMA99, the support at $1.317 was lost, leading to a decline to $0.914. For a while, the price ranged between $0.914 and $1.317, and the candle volumes gradually decreased until buying volume picked up in the market. This resulted in strong green candles that broke through $1.317 and the SMA99, followed by a pullback, pushing the price towards the resistance zone at $1.818. Currently, the price is consolidating below this resistance level.
📊 The previous candle showed a strong bearish movement with significant volume, suggesting the potential for downward momentum to enter the market. Coupled with a bearish divergence in RSI, a break below the 50 level on RSI would confirm the divergence, and we could expect a correction down to the $1.317 support zone. If this support breaks, the next key level would be $1.082, which is significantly lower than the current price. If the price reaches this level, bullish momentum will likely vanish, and the market could form a new trend.
🔽 On the upside, the price has touched a curved trendline three times, reinforcing the importance of this trend. If a correction occurs, the trendline may act as support for the fourth time, potentially halting the price drop. However, if the $1.317 and $1.082 supports break, the last major defense will be at $0.914. Below this, there are no significant support levels until $0.738.
📈 Bullish Scenario and Key Resistance Levels
If the price breaks above the $1.818 resistance and starts a new bullish wave, there are several important targets to consider for profit-taking. The first target would be $2.229, though this is not a strong resistance zone as the price has interacted with it less frequently than with the main resistances. If bullish momentum is strong, the price could quickly move toward the next target at $2.769. This resistance is even stronger than ARKM’s previous ATH, making it the most crucial level to watch. Should the price break through $2.769, it could easily reach its ATH of $3.914 or even set a new high.
📉 Stop-loss and Entry Triggers
If you are already holding ARKM, I recommend placing your stop-loss around the $1.317 or $0.914 zones to protect your position. For those looking to enter the market, here are several key triggers:
🔼 Break above $1.818: If this level is broken, the price could move up toward $2.769.
Buy on pullback to $1.317: If a correction occurs, watch for a bullish reaction at this zone.
Break above $2.769: This would be the final trigger for significant upside movement, with more triggers possibly emerging from future candles.
By monitoring these levels and triggers, you can capitalize on ARKM’s next moves in the spot market.
❌Disclaimer
This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
Is Uni(swap/chain/stake/lend/yield) going to rip faces off?!?Uniswap is already one of if not the leading application within defi. That is just as a dex. I believe that dexs have the most flexibility when it comes to crypto as it has the holy trinity of high users, volume and liquidity. Helpful for financial market application.
If Unichain is a successful launch then Uni could become the centralising app within decentralised finance. This would be great for crypto and defi as provides deep liquidity and ease of use.
Not to say theres no competition. This is an emerging field and who knows wholl be the yahoo or big blue let alone the google. Have to keep up to date the changing metrics but at this stage uni is still looking a leader.
UNI almost READY to make a MOVEChart Request on today's show
Recommended to set alert
at 8.574 and 4hr candle
MUST CLOSE above 8.201
Currently in a zone and trying
to break out
🚨- NOT READY - 🚨
Market Cap 4.66B
DEX / DeFi
Not Financial Advise - Entertainment Purpose Only
Always DYOR ( do your own research )
Solana Approaching Critical Support: Bullish Reversal or DeclineSolana has shown impressive resilience in the crypto market, benefiting from its high scalability and rapid transaction speeds. Now, the price is testing key support levels, which could define the next directional move.
Upside Potential: A bounce from the support around $143.04 could drive SOL higher toward $154.20. A break above this resistance could confirm a strong upward momentum, allowing SOL to push toward the $160 range.
Downside Risk: If SOL fails to hold the current support, a decline toward $138.53 and potentially $135.48 is possible, signaling more downside pressure in the near term.
This is a critical zone for SOL, with both bulls and bears closely monitoring price action for confirmation of the next move.
Happy Trading
Mindbloome Trader
LINK Analysis: Key Levels Triggers in Consolidation Phase✨ Welcome to Today's LINK Analysis
In today's analysis, I will examine the LINK token and identify key triggers for both futures and spot trading. I hope this analysis will be useful to you.
🔍 About Chainlink (LINK)
This project offers a highly intriguing concept. Its primary goal is to bridge off-chain data with on-chain environments. This means that off-chain data can be transferred to the blockchain without any alteration. LINK tokens can be used as a payment token within the platform and also for staking.
⏳ Daily Timeframe Analysis
Starting with the daily timeframe, after reaching the resistance level of $21.71, the price entered a consolidation phase, ranging between $21.71 and $12.95 for a while. During this period, the candle volumes gradually decreased until the $12.95 support was broken, causing the price to drop to the $9.51 support.
🔽After hitting this support, the price again entered a consolidation phase, even reaching the $12.95 level. Now, a range has formed between $9.51 and $12.95. A suitable buy trigger in the spot market would be the breakout of $12.95, with a stop-loss set around the $9.51 or, more riskily, $10.5 levels. A break above the 50 and 41.48 levels on the RSI could confirm the entry of momentum. Always make sure to set a stop-loss and manage your capital to avoid significant losses.
🛑 If you've already purchased LINK and are looking for a stop-loss point, the $9.51 zone could serve as a good stop-loss. For targets, the short-term target is $15.06, and for long-term holders, it's $21.71.
📈Futures Trading Triggers
For futures trading, $11.47 is a good long trigger, and $10.50 is suitable for shorts. To further assess the situation, let's move to the 4-hour timeframe.
⏳4-Hour Timeframe Analysis
In the 4-hour timeframe, more details are visible, and some solid futures triggers can be identified. Currently, the selling volume exceeds the buying volume, as the bearish waves have higher volumes compared to the bullish ones.
📈For a long position, the $11.69 trigger could target the top of the box, while breaking $12.95 would signal the main long position. A break above 62.42 on the RSI would be important and could indicate a bullish momentum shift, but it’s also crucial for buying volume to increase.
📉For a short position, the $10.43 break is suitable and could lead the price to the $9.51 floor. The volume and momentum are aligned with the market's downtrend. The main short position would be triggered by breaking the $9.51 level, which is LINK's most critical support. If this zone is broken, we could see a sharp decline in price.
❌Disclaimer
This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.