NEO/USDT: Strategic Entry into a Mature Blockchain PlatformI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
NEO ( BINANCE:NEOUSDT NEO) is a cryptocurrency designed as a smart contract platform and decentralized application ecosystem. It is currently trading at $13.25, with intraday fluctuations reflecting the broader market's volatility.
Trade Setup:
- Entry Price: $13.1793
- Stop-Loss: $5.7390
- Take-Profit Targets:
- TP1: $25.2672
- TP2: $43.2216
Fundamental Analysis:
NEO, often referred to as the "Ethereum of China," is a blockchain platform focusing on digitized assets, smart contracts, and decentralized identities. Recent updates to its N3 blockchain protocol, which introduced more efficient transaction handling and interoperability features, have bolstered its appeal. Additionally, NEO's integration with DeFi platforms and partnerships with Chinese enterprises enhances its real-world utility and adoption.
Technical Analysis:
- Moving Averages:
- 50-Day SMA: $12.80
- 200-Day SMA: $11.50
- Relative Strength Index (RSI): Currently at 62, indicating a slightly bullish momentum.
- Support and Resistance Levels:
- Support: $12.50
- Resistance: $15.00
Market Sentiment:
With the ongoing global adoption of blockchain technology, NEO benefits from its established reputation and early mover advantage. Market sentiment has improved following announcements of increased development activity and integrations into various blockchain applications.
Risk Management:
The stop-loss at $5.7390 ensures controlled risk in case of unfavorable price movements, while the take-profit targets of $25.2672 and $43.2216 offer robust risk-reward opportunities. This setup requires disciplined adherence to trade levels given the market's volatility.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.
ETH
FTM Update - 11.12.2024 On the weekly tf we form Long Off!
I plan to work from 4h breaker block!
Observe the risks and think with your head!
ETH/USDT IN 15 minutes AnalysisETH/USDT 15-Minute Analysis
On the 15-minute time frame, ETH/USDT has successfully broken out of a triangle pattern, indicating potential bullish momentum. If the breakout is supported by strong volume and sustained buying pressure, we can expect the price to move toward the green target zone.
Target zone:
The green zone is the current target area, aligning with the measured move from the triangle breakout.
At this moment, it’s crucial to monitor whether the price finds support at the breakout level to confirm the continuation of the trend.
Sun Token ($SUN): Strategic Entry into DeFi Ecosystem TokenI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Sun Token ( NYSE:SUN ): Strategic Entry into DeFi Ecosystem Token
Sun Token (SUN) is a crypto in the CRYPTO market. The price is 0.02420828 USD currently with a change of -0.00058 (-0.02359%) from the previous close. The intraday high is 0.02517523 USD and the intraday low is 0.02232376 USD.
Trade Setup:
- Entry Price: $0.02197
- Stop-Loss: $0.00692
- Take-Profit Targets:
- TP1: $0.05232
- TP2: $0.08906
Fundamental Analysis:
Sun Token ( NYSE:SUN ) is integral to the TRON blockchain's decentralized finance (DeFi) ecosystem, facilitating governance and incentivization within the platform. Its role in promoting DeFi activities on TRON has garnered attention from investors seeking exposure to this growing sector.
Technical Analysis:
- Current Price: $0.02420828
- Moving Averages:
- 50-Day SMA: $0.02350000
- 200-Day SMA: $0.02200000
- Relative Strength Index (RSI): Currently at 55, indicating neutral momentum.
- Support and Resistance Levels:
- Support: $0.02250000
- Resistance: $0.02550000
Market Sentiment:
The DeFi sector continues to expand, with NYSE:SUN playing a pivotal role in TRON's ecosystem. Its integration into various DeFi protocols enhances its utility and appeal among investors.
Risk Management:
Implementing a stop-loss at $0.00692 helps mitigate potential losses, while the take-profit targets at $0.05232 and $0.08906 offer favorable risk-reward ratios. Given the token's volatility, strict adherence to these levels is crucial.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.
Bearish drop off overlap resistance?Ethereum (ETH/USD) is rising towards the pivot which has been identified as an overlap resistance and could drop to the 1st support which is an overlap support.
Pivot: 3,767.39
1st Support: 3,500.20
1st Resistance: 4,029.37
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Disclaimer:
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ETH Ethereum Bear Market If you haven`t bought the recent Double Bottom on Ethereum:
Now you need to know that historically, Ethereum has shown a tendency to retrace in December before starting a recovery around March. This pattern could repeat this season, with ETH facing selling pressure as year-end portfolio rebalancing and macro uncertainties weigh on the market.
While a brief Santa Claus rally might provide temporary relief, the bearish trend is expected to dominate until March. By then, ETH could trade below $3,000 before regaining momentum, aligning with its historical recovery trend as market conditions stabilize in spring.
ETH could find footing around here...We had a steep incline, we tested it 4 times and it was support, we tested it a 5th time after rejecting a breakdown and she crashed through support and now we are nearing where we hope to get a footing. You can see where if we slightly adjust the angle of the channel from the prior super steep ascending channel to this new, pretty steep ascending channel, we are near the bottom of channel, near support and hopefully hold and bounce back up from here, would still be plenty bullish, with just a more reasonable trajectory.
Looks like we will have the 200 (4h candle) moving average line up around this support line as well giving it double the chance of holding. If it breaks down, the price could drop a lot lower, like $3000-$2400ish even.
if this is bottom line here, we have a little more down trend and probably some consolidation down here before heading back up, should let other assets breath some too. If it breaks through this, be prepared for more drop.
Order books currently imply that more traders believe the price will drop more than traders who believe the price will rise.
This could be a great entry op for ETH and many other assets but be vigilant, especially with order books in the current state, and it took a solid month for them to decline to their current state, so hoping for a two day reversal could be asking a bit much.
I am currently optimistic but skeptical
Ethereum does not appear to intend to correctThis analysis is an update of the analysis you see in the "Related publications" section
It seems Ethereum aims to reach the $5000-$5300 range without any significant correction.
Momentum-driven large green candles, higher lows, and the absence of a drop after sweeping liquidity pools above the chart indicate that Ethereum is bullish.
If it retraces to the green zone, we will consider buying.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Goatseus Maximus on Ethereum ($GOAT): Breakout- Up 25%The cryptocurrency market is buzzing with the rise of Goatseus Maximus ( MIL:GOAT ), a token on the Ethereum blockchain that has caught the attention of traders with its recent price action and unique narrative. With a technical breakout underway and a growing ecosystem, MIL:GOAT is cementing its place as a token to watch in the crypto space.
Technical Analysis
MIL:GOAT recently broke above the ceiling of a falling trend channel, signaling a shift from bearish consolidation to a bullish trajectory. The breakout is accompanied by a three white crows pattern—a reliable indicator of bullish continuation that often signifies sustained upward momentum.
The RSI currently sits at 58, a level that suggests room for further growth without entering overbought territory. This balanced positioning makes MIL:GOAT a compelling entry point for investors looking to capitalize on its momentum.
At the time of writing, MIL:GOAT has surged by 23%, reflecting heightened market activity. Despite being unlisted on major centralized exchanges (CEXs), the token's trading volume on decentralized exchanges like Uniswap V2 has reached $114,611, up 14.5% in the past 24 hours, indicating increasing investor interest.
With a modest market cap of just $2 million, MIL:GOAT presents significant growth potential, particularly if it secures listings on larger exchanges or attracts institutional attention.
A Unique Project with Community Appeal
Goatseus Maximus leverages its playful yet mythical branding, positioning itself as "the most powerful fertility god of all time." While whimsical, this narrative drives community engagement and fuels the token’s cult-like following, an essential factor in meme-token success.
The token is primarily traded on Uniswap V2 and V3, with its most active trading pair being GOAT/WETH. Despite its absence from major CEXs, the token’s steady volume growth highlights its grassroots support and organic adoption.
Over the past week, MIL:GOAT has outperformed both the global cryptocurrency market (-1.7%) and its Ethereum ecosystem peers (+12.7%), with a 64.5% gain. This relative strength underscores its ability to defy broader market trends.
With a max supply of 100 billion tokens and a fully diluted valuation (FDV) of $1.12 million, MIL:GOAT ’s tokenomics are structured to balance scarcity with accessibility. The token's low circulating supply further fuels its speculative potential.
5. Historical Price Movements:
- All-Time High (ATH): $0.0001493 (Oct. 24, 2024), currently 92.41% below ATH.
- All-Time Low (ATL): $0.000052983 (Oct. 22, 2024), up 279.74% from ATL.
This recovery from ATL and proximity to key resistance levels suggest significant upside potential as it gains traction.
Opportunities and Risks
Opportunities:
- Unrealized CEX Listings: The absence of CEX listings makes MIL:GOAT a high-reward opportunity if such partnerships materialize.
- Growing Adoption: Rising trading volumes and community engagement indicate increasing adoption and support.
Risks:
- Volatility: Like most meme tokens, MIL:GOAT is subject to significant price fluctuations.
- Speculative Nature: Its success hinges on community sentiment and market dynamics rather than intrinsic utility.
Conclusion
Goatseus Maximus ( MIL:GOAT ) is in the midst of a bullish breakout that showcases both technical strength and growing market interest. With its low market cap, breakout momentum, and unique branding, MIL:GOAT offers significant upside potential for risk-tolerant investors. As always, prospective buyers should conduct thorough research and remain mindful of crypto market volatility.
The next steps for MIL:GOAT —potential CEX listings, continued community growth, and broader adoption—will determine its trajectory. Until then, this fertility god-inspired token continues to captivate the Ethereum ecosystem with its quirky charm and bullish signals.
The $EBULL Community Takeover: A New Dawn for $EBULL holdersIntroduction
In a remarkable turn of events, $EBULL (Ethereum is Good), a memecoin that celebrates the ethos of Ethereum, underwent a community takeover (CTO) in early December. This move has positioned $EBULL as a fascinating case study in community governance within the cryptocurrency space. Here's an in-depth look at what this CTO means for $EBULL, its community, and the broader memecoin ecosystem.
What is a Community Takeover?
A Community Takeover (CTO) occurs when the original developers or creators of a project step back, and the community assumes control. This can happen due to various reasons, including developers losing interest, internal conflicts, or even suspicions of fraudulent activities like rug pulls. In the case of $EBULL, the community's decision to take over signifies a commitment to the project's original vision—celebrating Ethereum's resilience and legacy in the blockchain world.
The $EBULL CTO: A Closer Look
Community Empowerment: The $EBULL community decided to steer the project's future, focusing on revitalizing the spirit of Ethereum through a memecoin. This move was not just about control but about ensuring the project aligns with community values and long-term goals.
Cryptic Signals from Poloniex: After the takeover, cryptic posts from Poloniex regarding $EBULL have stirred speculation. While these posts have not directly influenced price action, they suggest potential developments or partnerships that could impact $EBULL's future.
Support from High-Profile Figures: With endorsements from Vitalik Buterin and involvement from Justin Sun's Poloniex, $EBULL has garnered attention. These endorsements are crucial in a space where credibility can significantly affect a project's trajectory.
Impact of the CTO
Hardcapped Supply: $EBULL's unique feature of having a fixed supply of 10 billion tokens adds a layer of scarcity that could eventually drive value if demand increases, a fundamental market principle.
Ethereum-centric Focus: By emphasizing Ethereum's legacy, $EBULL taps into a narrative of loyalty and community around one of the oldest and most respected blockchains in crypto. This could attract a niche but passionate investor base.
Community Governance: The CTO has transitioned $EBULL into a community-driven project, which can lead to more transparent and democratic decision-making processes. However, this also means the project's success now hinges on collective action and community engagement.
Market Reaction and Technical Insights
Price Stability Post-CTO: Despite the community takeover, $EBULL has not seen an immediate price surge. Currently trading at $0.000714, with a slight uptick of 2.35% in the last 24 hours, the token's market cap is relatively modest at $7,144,112. This suggests that while the community has taken control, market confidence might still be building.
Technical Challenges: Trading within a bearish trend, $EBULL faces potential downward pressure if selling continues. However, with an RSI of 41, there's room for a recovery if the community can rally support or if broader market sentiment towards Ethereum improves.
Looking Forward
The $EBULL CTO presents both opportunities and challenges. On one hand, it's a testament to the power of community in the crypto space, potentially setting a precedent for how projects can evolve beyond their initial creators. On the other, the immediate lack of price movement post-takeover indicates that market acceptance and growth might require time, strategic initiatives, or a shift in broader market dynamics favoring Ethereum-themed assets.
Conclusion
The $EBULL community takeover is more than a governance shift; it's a bold statement about the potential of community-led projects in the cryptocurrency domain. While the immediate market response has been tepid, the long-term implications could be profound, especially if the community can leverage its newfound control to foster growth, engagement, and possibly, innovation in how memecoins operate and are perceived in the market.
TOTAL3 ChartHey,
Normally I don't share lower-timeframe crypto charts, cuz I find that irrelevant.
However, due to the massive amounts of greed and fear in the markets...
It might be nice to get my view on things.
The market is sitting in the last push (which can be the largest)
But this type of price-action and volatility goes both ways.
A chart never just moves up without printing hh's and hl's.
A chart has structure, and makes sense.
Total3 tapped below the 1trillion.. after spiking to new ATHs.
I see it go higher from this clean demand area later this week.
Kind regards,
Max Nieveld
The key is whether it can be supported around 3438.16-3644.71
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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(ETHUSDT 1D chart)
If you look at BTC Idea, I think you can understand the current movement.
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The important support and resistance range for ETH is 3265.0-3321.30.
If the price maintains above this range, ETH is expected to continue its upward trend.
To do that, we first need to check whether it is supported around the 3438.16-3644.71 range.
The reason is that if it is supported and rises near this section, it is highly likely to lead to an increase to renew the ATH.
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Similar to the movement of BTC, the high section is showing an upward trend.
Accordingly, if the HA-High indicator is created at the 3831.12 point, the key is whether it can maintain the price by rising above that area.
If it fails to rise, it is likely to meet the M-Signal indicator on the 1W chart near the important support and resistance area.
At this time, if the HA-Low indicator is created, I think it will reset the uptrend so far and determine the trend again.
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The creation of the HA-Low indicator means that the low section has been formed.
Therefore, if the HA-Low indicator is created and shows support near that area, I think it is highly likely that a new upward wave will be created.
However, if it falls below the HA-Low indicator and shows resistance, it is likely to show a step-down trend because it is falling below the low point, so you should think about a countermeasure for this.
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For now, you should check whether the price can be maintained and rise near the M-Signal and MS-Signal indicators on the 1D chart.
The next volatility period for ETH is around December 16, so the point of observation is what kind of movement it shows at that time.
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Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire BTC section.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
As you can see from the LOG chart, the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the upward trend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the upward wave.
The Fibonacci ratio on the right is the Fibonacci ratio of the upward trend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you to decide how to view and respond to this.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
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