WIF - Good time to enter a for Long term tradeBINANCE:WIFUSDT (1D CHART) Technical Analysis Update
WIF is currently trading at $2.5 and showing overall bullish sentiment
Price has hit it's long term support and clearly bounced back from it. We have clear opportunity for a long trade.
Entry level: $ 2.5631
Stop Loss Level: $ 1.8680
TakeProfit 1: $ 2.8583
TakeProfit 2: $ 3.1255
TakeProfit 3: $ 3.5231
TakeProfit 4: $ 3.9662
TakeProfit 5: $ 4.5981
Max Leverage: 2x
Position Size: 0.5% of capital
Don't forget to keep stop loss.
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GreenCrypto
Dump
BONK - Two scenarios$BINANCE:1000BONKUSDT (1D CHART) Technical Analysis Update
BONK is currently trading at $0.02388 and the price is currently at the support zone and currently uncertain on in which direction will the price move. We have two trade possibility here, if the price bounce backs from the support then we can enter a long trade, if the support breaks then we can enter a short trade.
--- LONG Trade ---
Entry level: $ 0.025727
Stop Loss Level: $ 0.021041
TakeProfit 1: $ 0.029562
TakeProfit 2: $ 0.034171
TakeProfit 3: $ 0.043035
--- SHORT Trade ---
Entry level: $ 0.020010
Stop Loss Level: $ 0.024466
TakeProfit 1: $ 0.017673
TakeProfit 2: $ 0.015517
TakeProfit 3: $ 0.012212
Max Leverage: 5x
Position Size: 0.5% of capital
Don't forget to keep stop loss.
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GreenCrypto
Bitcoin In DANGER: Back to $20,000?Preface: I don't think that going back to $20k is the most likely scenario at this point in time. However, it's valuable to discuss different potential outcomes in an every-changing market. If you disagree and only want to look at one potential outcome it's up to you.
In this analysis I want to take a look at one of my more popular indicators; Bitcoin's Logarithmic Price Bands. In case you want to know more about this indicator, please check out the link on the bottom of this post.
Back in March I made an analysis with a similar title where I discussed the fact that the yellow logarithmic price band has historically proven to be a very strong resistance.
For example, last cycle's mid-cycle pump (summer 2019) found resistance on exactly the same area.
Same can be said for 2013. Both reversals from the yellow bands resulted in a >70% dump (high to low). A 70% dump would mean that BTC will go back to (roughly) 20k.
It's too early to say whether this analysis is correct, but I can imagine a world where this is possible. Compared to previous cycles, we went up too much and too fast with all the ETF news. A deep correction might be needed to get to the elusive 100k.
Happy to hear your thoughts in the comments 🙏
what is going on in crypto market?!hello guys!
today crypto market has gone down a lot!
let's look through the details:
Today's crypto market experienced a bearish trend, with Bitcoin (BTC) falling to $65,000 and Ethereum (ETH) declining to $3,428.45. Altcoins like Solana (SOL) and meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) saw significant drops, while XRP defied the trend, rising slightly.
The global crypto market cap dropped 3.14% to $2.35 trillion, and market volume surged 104.01% to $94.07 billion, influenced by the U.S. Federal Reserve's hawkish stance.
Key Prices:
- Bitcoin (BTC): Down 1.39% to $65,374.98.
- Ethereum (ETH) : Down 4.39% to $3,428.45.
- Solana (SOL): Down 9.25% to $134.26.
- XRP: Up 0.33% to $0.4893.
Meme Coins:
- Dogecoin (DOGE): Down 9.74% to $0.122.
- Shiba Inu (SHIB) : Down 12.12% to $0.00001802.
Top Losers:
- zkSync (ZK): Down 30.23%.
- Fantom (FTM): Down 20.69%.
- Ethena (ENA): Down 18.89%.
- Starknet (STRK): Down 17.82%.
____________________________________
let's come back to Total2:
description:
The **Total2 Index** is a cryptocurrency market index that tracks the total market capitalization of all cryptocurrencies excluding Bitcoin. This index provides a way to measure the overall performance and trends of the altcoin market, without the influence of Bitcoin's market movements, which often dominate the crypto space.
By excluding Bitcoin, the Total2 Index gives a clearer picture of how the altcoin sector is performing, helping investors and analysts understand market dynamics and the relative performance of various other cryptocurrencies. This index can be particularly useful for those focused on altcoins or looking to diversify their portfolios beyond Bitcoin.
technical analysis:
the previous leg Was corrected until 33%, so it seems the next legs become more bullish, and this index will touch the $12.9T area as well, but it's fine if it becomes a little bit bearish until touches more than 480b area, we can consider on an upward movement!
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
NOT → "DUMP" and 0.015 or false breakdown and 0.04?BINANCE:NOTUSDT looks strong both fundamentally and technically, but the hourly timeframe is forming the preconditions for a “Dump” of the coin before a possible further rise.
Since the opening (not counting the listing day), the coin has strengthened quite strongly without much pullbacks, which has created a rather large imbalance. In addition, there is a clear “Dump” scenario, where first the coin was pumped up to 450% and now it can be dumped in order to collect liquidity at the expense of traders who caught up with the outgoing train.
At the moment all the attention is on the area of 0.02-0.0199. There are two possible scenarios regarding the level and everything depends on the market reaction and traders' behavior. Either it will be a breakout and liquidation, or a false breakdown with the subsequent continuation of growth to the liquidity zones.
Support levels: 0.0199, 0.185
Resistance levels: 0.023, 0.0253
Volumes, investments are growing, but the coin cannot grow all the time. The market needs energy and whales may eat some buyers in order to form long positions at more favorable prices. We are watching the specified zone of 0.0199.
Regards R. Linda!
SHIB ANALYSIS (4hr)🚀#SHIB Analysis : Pattern Formation
🔮As we can see in the chart of #SHIB that there is a formation Head And Shoulder Pattern and it's a bearish pattern. If the candle retests the neckline then we would see a little dump in #SHIB📊
🔰Current Price: $0.00002340
🎯 Target Price: $0.00002060
⚡️What to do ?
👀Keep an eye on #SHIB price action. We can trade according to the chart and make some profits⚡️⚡️
#SHIB #Breakdown #Cryptocurrency #TechnicalAnalysis #DYOR
$BTC looks bearish#btc #bitcoin price didn't cross the major resistance area at 72K and then heavily dumped. Thus, a bearish double top has been formed. Short term bounces may be necessary but the continuation is bearish. In lower time frame, #btcusd is moving in the ascending channel.
By the way #gold and #silver heavily dumped, too. It seems rumors have been sold and the news will arrive.
Not financial advice.
W is about to moon :#W #Analysis
Description
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+ The price is showing a strong rebound from a major support level.
+ Recently, it successfully broke through the resistance line, indicating a potential upward trend.
+ Based on this momentum, I anticipate that the trend will hold steady and reach our projected targets.
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VectorAlgo Trade Details
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Entry Price: 0.648
Stop Loss: 0.498
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Target 1: 0.752
Target 2: 0.873
Target 3: 1.023
Target 4: 1.257
------------------------------
Timeframe: 12H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ONE - Looking like a moon trade #ONE/USDT #Analysis
Description
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+ The price has reached the broadening wedge pattern and is currently trading within the support zone.
+ I anticipate this support holding and the price rebounding from this zone. (However, if this support fails, our trade is invalidated.)
+ I'm initiating a short position at this point and will consider adding more once the rebound is confirmed.
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VectorAlgo Trade Details
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Entry Price: 0.01983
Stop Loss: 0.01595
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Target 1: 0.02251
Target 2: 0.02560
Target 3: 0.03124
Target 4: 0.03931
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ATOM 200$ next bullrun 🃏On my chart you can see the previous bottom from last cycle, then price made ATH on 45$, then made pullback -85% and found support level on 6$ and didn't touch the bottom from previous cycle. Next price makes accumulation , swept liquidity from weekly candle, made deviation of trendline channel, made divergence on 1w TF. Also remember there are a lot of projects are built on Cosmos chain ==> they need native token ATOM ==> buy pressure .
On the Fate of BitcoinIn the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
Good Opportunity for LONG trade if price pumps backBINANCE:FLOWUSDT (1W CHART) Technical Analysis Update
FLOW is currently trading at $0.902 and price is hovering around the support zone. Im looking at the price to pump back up as the price has already hit the support zone.
We can expect pull back but that will be a good opportunity for a DCA. You can enter a LONG trade at the current price and do DCA if the price pulls back to the support zone again.
Entry level: $ 0.904
Stop Loss Level: $ 0.652
TakeProfit 1: $ 1.011
TakeProfit 2: $ 1.160
TakeProfit 3: $ 1.416
TakeProfit 4: $ 1.772
Max Leverage: 4x
Position Size: 1% of capital
Don't forget to keep stop loss.
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Cheers
GreenCrypto
RED is for buying! gotta bet on this one! Afternoon fellas,
Figured I'd come back with another one during these red days...
Pumped the other day and I did sell some. But looking into this setup following up the previous pump.
This post is also a follow-up from the previous post. Check it out!
Trade thirsty.
GPT 🐕💥 DOGE's Wedge Edge: Correction on the Horizon? 📉🔮The current price of Dogecoin (DOGE/USD) is $0.1927. 💲
Analyzing the daily chart, Dogecoin is forming a rising wedge pattern 📈, which is often considered a bearish chart pattern 📉. This pattern suggests that while the price is currently trending upward, a potential reversal and downward correction might be on the horizon 🔮. The convergence of the trend lines indicates that volatility is decreasing and a breakout is typically expected 💥.
Given the current market sentiment and the technical pattern observed, a conservative approach would suggest a potential correction to the nearest Fibonacci retracement level, which might serve as a support 🛑. Based on the chart, if a bearish reversal from the wedge occurs, the price may correct towards the 0.236 Fibonacci level at approximately $0.12253 or potentially lower, depending on the strength of the breakout and market dynamics 📊.
It's crucial to watch for a definitive breakout from the wedge to confirm this potential move 🔍. Keep in mind that the cryptocurrency market is highly volatile, and external factors can greatly influence price movements 🌪️.
Remember, this is not financial advice but a technical analysis based on the current chart patterns 🧠.
Rune ! Dump To 14 % ?After touching the $7.15 area three times, we can consider this area weak. If the price breaks and the candle closes below this range, we can expect the following targets:
6.88
6.68
6.45
And exit the trade in the range of 6.17 - 6.10.
Things to keep in mind:
This is only a technical analysis and there is no guarantee that targets will be achieved.
Always do your research and use a proper risk management strategy before trading.
The profit and loss of the transaction is for you.
ADA --Is the Head and Shoulders Pattern Activating?ADA ( CARDANO) Potential for a 20% Drop !
We are observing a head and shoulders pattern on the 4-hour and daily timeframes. This pattern could activate if the 0.59 to 0.56 cent support zone is breached. In this scenario, we could see a 18 to 25% drop in price.
Key Factors to Consider:
Confirmation of Pattern: The pattern should be confirmed with a break below the neckline and increased volume.
Target Price: The target price for the pattern is calculated by measuring the distance from the head to the neckline and projecting that distance below the neckline.
Risk Management: It is important to use proper risk management techniques when trading this pattern, such as stop-loss orders.
Please note that this is not financial advice and you should always do your own research before making any trading decisions.
XLM/USDT - Breakout of the year | Few more days left BINANCE:XLMUSDT (1D CHART) Technical Analysis Update
XLM is currently trading at $0.1356 and showing overall bullish sentiment
the price is currently around the resistance zone and the price was rejected around this resistance level 4 times in the past. This resistance level is very critical for the price to move above the resistance level. If the breaks the resistance then we can see a sudden pump in the price similar to the past.
Entry level: $ 0.1383 (After the breakout)
Stop Loss Level: $ 0.1221
TakeProfit 1: $ 0.1451
TakeProfit 2: $ 0.1531
TakeProfit 3: $ 0.1629
TakeProfit 4: $ 0.1753
TakeProfit 5: $ 0.1979
Max Leverage: 5x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
1INCH - RSI bearish divergence detected#1INCH/USDT #Analysis
Description
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+ I'm seeing a clear divergence from the RSI and it's bearish divergence.
+ Also i'm seeing price moving in bearish direction.
+ I'm entering a small short position at this range with tight stoploss.
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VectorAlgo Trade Details
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Entry Price: 0.6180
Stop Loss: 0.6396
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Target 1: 0.6302
Target 2: 0.5881
Target 3: 0.5708
Target 4: 0.5514
------------------------------
Timeframe:4H
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo