Target: $3800. Local review of the pair Eth/Usd 19.01.25Good evening, dear friends!
Local review of eth/usd pair from 19.01.25:
On ether I don't see any prerequisites for working from a short. The price is currently moving inside the local “triangle”, compressing the spring. The main volume level is marked in yellow color. If it is broken and, in case there is no excessive supply of sellers ~3500$, I expect the up-trend to continue on aggressive purchases to the price range of 3750-3850$.
The second scenario, unlikely:
Breaking through the lower accumulation boundary and going beyond $3072. This would indicate the strength of sellers and lack of sufficient buyer demand. That is where we should have a stop-loss on the position.
Translated with DeepL.com (free version)
ETH
110-112k SOON! Analysis update on Btc/Usd pairBrave sailors, welcome, everyone!
A small update on the btc/usd pair due to the fact that I accidentally closed my previous post.
I still do not see globally any preconditions for further price reversal. Yes, it is quite likely that we will first touch the zone beyond 100k$, where a huge amount of liquidity is concentrated in the form of longists' stops. I hold my position, I will sell around 110-112k$. Always use risk management!
Market Thoughts
Bloomberg: Donald and Melania's memcoins undermine confidence in the cryptocurrency industry
The launch of the eponymous meme coins has sparked a flurry of criticism from experts and investors. Expectations about the development of the digital sector under the new administration were replaced by doubts, as the projects reinforced the negative perception of cryptocurrencies as unstable and unserious assets.
At the same time, the cryptocurrency market as a whole has experienced a downturn: capital going into memcoins has led to a deterioration in trading of other assets, including Bitcoin. Experts have noted concerns about conflicts of interest and undermining confidence in the industry. I, in turn, believe that by doing so, Trump is fueling interest in new money, which will be extremely positive for the cryptocurrency market as a whole.
Today is Martin L. King Day, a day off for the U.S. market, which also reduces liquidity and may lead to sharp and chaotic movements.
At the current moment we see growth in cryptocurrency market, stocks, currencies, etc. Regarding our scenario on btc/usd pair: the price has confidently overcome the main resistance zone, having updated the maximum and almost reached our target zone of 110-112k$.
As I wrote earlier, I believe that after Trump's inauguration, the markets will continue to be in euphoria and we should see good moves in major altcoins. In this situation, I bet on ether and the major altcoins from this network. Again, don't forget about risk management. The cryptocurrency market is an extremely unpredictable place.
I wish everyone successful trading operations, my brave sailors!
Milady Cult Up 41% in 24 Hrs—Is $1 Bln Market Cap Within Reach?Milady Coin ( MIL:CULT ), built on the Ethereum blockchain, has captured attention with an impressive 41% surge in the past 24 hours. Currently boasting a market capitalization of $305 million, experts speculate a potential climb to the $1 billion mark. This significant rally follows a notable post by Ethereum’s co-founder, Vitalik Buterin, on his X handle, referencing Milady CULT and memes. Let’s explore the technical and fundamental aspects driving this surge.
About Milady Coin ( MIL:CULT )
Milady Coin is Remilia’s official ecosystem token, symbolizing a decentralized, self-organizing cult. It aligns with Remilia’s accelerationism philosophy, activating powerful memetic potential. Unlike traditional tokens, MIL:CULT lacks a defined utility, focusing instead on conviction and community-driven growth.
Key features of MIL:CULT include:
- No seed rounds, private sales, or VC funding.
- 50% of supply allocated to the cult.
- Remaining supply distributed through a single public sale.
This unique approach has cultivated a loyal community, contributing to its recent momentum.
Market Metrics
- Market Cap: $305 million, ranked #437 on CoinGecko.
- Daily Trading Volume: $15.4 million (up 31.9% in the last 24 hours).
- Circulating Supply: 43 billion tokens.
- All-Time High: $0.007723 (December 9, 2024, 1 month ago).
- Current Price: 54.97% below ATH.
- All-Time Low: $0.00131 (January 18, 2025, 4 days ago).
Where to Buy Milady Coin?
MIL:CULT is available on popular decentralized and centralized exchanges:
- Uniswap V3 (Ethereum):*CULT/WETH pair with a 24-hour trading volume of $12.2 million.
- Other Options: Gate.io, CoinW.
Fundamental Analysis
The recent surge in MIL:CULT ’s price appears to be linked to Vitalik Buterin’s post, which likely drew attention from meme coin enthusiasts and traders. Additionally, MIL:CULT ’s unique proposition of decentralized conviction resonates with a niche audience in the crypto space.
Despite its meteoric rise, MIL:CULT ’s ecosystem has not been without criticism. Concerns regarding its lack of utility and high concentration of wealth distribution remain. Dune Analytics reports that only 0.41% of wallets earned over $10,000 in profits, while 289 wallets made over $1 million. This disparity highlights potential risks for smaller investors.
Technical Outlook
MIL:CULT ’s recent price action forms a **bullish engulfing pattern**, signaling potential upward momentum. Key technical levels to watch include:
- Resistance: $0.007723 (1-month high).
- A breakout above this level could ignite a bullish rally, potentially driving the price toward new highs.
- Support: 61.8% Fibonacci retracement level.
- Consolidation at this level may provide stability, but a breakdown could lead to a retest of the 1-month low.
Indicators
- Relative Strength Index (RSI): Signals moderate bullish momentum.
- Volume Surge: A 31.9% increase in trading volume underscores heightened market activity and interest.
Potential Path to $1 Billion Market Cap
For MIL:CULT to achieve a $1 billion market cap, several factors must align:
1. Sustained Trading Volume: Continued activity on major exchanges like Uniswap and Gate.io.
2. Community Engagement: Strengthening its decentralized tribe through organic growth.
3. Market Sentiment: Leveraging the ongoing meme coin hype and Vitalik’s indirect endorsement.
Conclusion
Milady Coin’s ( MIL:CULT ) remarkable 41% rally underscores the dynamic nature of the meme coin market. With strong community backing and significant trading activity, MIL:CULT has positioned itself as a key player in the space. While its ascent to a $1 billion market cap is plausible, investors should remain cautious of the risks associated with volatility and wealth concentration.
As of now, MIL:CULT ’s trajectory remains bullish, with traders closely monitoring key resistance and support levels for potential opportunities.
ETH/BTC I didn’t anticipate the green box to hit when we began reversing on November 18th, but here we are—it’s a strong reversal zone. If this level doesn’t hold, 28/29 is likely next.
I haven’t seen the strength I expected, even with WLFI (Trump's World Liberty Financial) aggressively buying ETH.
but it's now or never so I except a quick reversal from next week.
The Cursed Token - $ETHBullish outlook...
On a critical level (Elliott Wave is used as a timeline reference; targets will be evaluated level by level)
Green Box looks good to offload before we hit a major correction later this year. (but once we move beyond this CHOPsolidation, the situation will become much clearer for assessment.
ETH 50% BOOM📈 Overall Trend: The chart indicates significant fluctuations in the price of Diaocesan against the US Dollar. The price started at around 5400 units and has gradually decreased over time.
🛡️ Support and Resistance Levels:
Support Level: The price has reached around 2140 units at several points, which can be considered a support level.
Resistance Level: The price reached around 5400 units at the beginning of the period (April 2024), which can be considered the main resistance level.
📉 Recent Fluctuations: In recent months, the price of Diaocesan has been declining, reaching around 2140 units. This decrease may indicate strong selling pressure or reduced demand for this currency.
🔮 Forecast:
Given the recent downward trend and price decline, we may see this trend continue in the short term. However, if the price reaches a strong support level, we might witness a price rebound or stabilization. Traders should look for signs of a trend reversal or a breakdown of the support level to make their trading decisions.
📊 This analysis is based on the information available in the image, and for more accurate decision-making, further examination and the use of technical and fundamental analysis tools are recommended. 🛠️📉📈
ETH Pattern | SOL | All Time High for ETH in SIGHTSolana has recently made a new ATH - and, surprisingly BEFORE Ethereum.
This cycle shows to be different than the previous alt cycle, where ETH leaded SOL.
Currently, what we're seeing in the weekly timeframe is a clear bullish pattern on Ethereum - the bullish inverses Head and Shoulders Pattern.
It's likely that the liquidity from SOL may move into ETH, together with other alts in the TOP 10 category by market cap. This means, that top10 alts may drop - and ETH sees an increase towards a new ATH.
______________________
BINANCE:ETHUSDT BINANCE:SOLUSDT
AVAX Can harness gaming for a great second cycle!Avalanche ( CRYPTOCAP:AVAX ) is an innovative Layer 1 blockchain designed to compete with Ethereum in terms of smart contract capabilities, scalability, and transaction speed.
Launched in 2020, it has quickly gained traction among developers looking to create decentralized applications.
With its compatibility with the Ethereum Virtual Machine (EVM), developers can effortlessly write smart contracts in Solidity, facilitating a smooth transition from the Ethereum ecosystem.
The Avalanche network leverages subnets to enhance its transaction capacity, boasting the ability to process up to 6,500 transactions per second (TPS). Additionally, it features a limited supply and operates on a deflationary model.
Ethereum has yet to dent Bitcoin dominance and ignite a widespread altcoin season.
Currently, the sentiment surrounding ETH is at a historic low, and its price remains well below its previous peak. This situation creates a unique chance to transform fiat currency into investments in top blockchain projects, AVAX being a good example, enhancing one's investment portfolio.
@TheCryptoSniper
#HVF
#HuntVolatilityFunnel
RUNE ChartHey,
Most of my holdings have been going very well the recent years.
However the performance of RUNE is not really that significant.
It was nice to get in at $1,40 and see it go near $10, but my target is +$20...
Price is shaping up pretty good now.
Expecting a catching-up run to the upside.
Kind regards,
Max Nieveld
PEOPLE Reversal Setup at Channel Bottom | 100% Potential Return
BINANCE:PEOPLE/TETHERUSHTTPS - 4H TIMEFRAME 🎯
SETUP STRUCTURE:
━━━━━━━━━━━━━━━━
✦ ENTRY: $0.03578
✦ TARGET: $0.07380
✦ STOP LOSS: -3% Below Entry
✦ RISK:REWARD: 35:1
✦ TIMEFRAME: 4H
✦ POSITION TYPE: SWING TRADE
TECHNICAL CONFLUENCE:
━━━━━━━━━━━━━━━━
1. PRICE ACTION:
• Descending Channel Bottom Test
• Multiple Timeframe Support Zone
• Previous Strong Demand Area
2. MARKET STRUCTURE:
• 6-Month Downtrend Exhaustion
• Potential Double Bottom Formation
• Clear Volume Profile Support
3. KEY CATALYSTS:
• Oversold RSI Divergence
• High-Volume Accumulation Zone
• Strong Historical Support Level
TRADE MANAGEMENT:
━━━━━━━━━━━━━━━━
ENTRY STRATEGY:
• Scale in between $0.03578-$0.03600
• Initial position: 40% of total size
• Add on first confirmation: +30%
• Final add on trend confirmation: +30%
TAKE-PROFIT STRATEGY:
TP1: $0.05000 (25% of position)
TP2: $0.06200 (50% of position)
TP3: $0.07380 (25% of position)
INVALIDATION:
• Break below support with volume
• Loss of 4H market structure
• Failure to hold entry zone after 4H
RISK DISCLOSURE:
━━━━━━━━━━━━━━━━
Trading involves substantial risk of loss. This analysis is for educational purposes only and should not be considered as financial advice. Always conduct your own research and trade responsibly.
#USDT #TechnicalAnalysis #Trading #CryptoTrading #SwingTrading
Tags: @TradingView
ETH is looking very good potentially (NFA)Not going to make any special description..
Most won't read it anyway lol
Anyway, we got a reverse H&s formation + 5 wave potentially up (NFA)
target is around 6000-8000 USD (and maybe even 10k+)
Of course these are just ideas, please don't be mad if it doesn't work!!!
NFA DYOR!!!
Will ETH take the direction of growth?Hi everyone, let's look at the 1D ETH to USDT chart, in this situation we can see how the price is moving in a downtrend channel, currently there is no indication of which direction it will go.
Let's start by defining the targets for the near future that the price has to face:
T1 = 3357 USD
T2 = 3502 USD
Т3 = 3600 USD
Т4 = 3729 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 3211 USD
SL2 = 3016 USD
SL3 = 2877 USD
SL4 = 2704 USD
If we look at the MA indicator we can see how the blue line has entered above the orange one, which indicates the entry into a temporary uptrend, where the price may try to continue to grow.
Short-term analysis of the pair Btc/Usd. Top up everyone!Welcome aboard my ship!
In my first review on this resource I would like to analyze the btc/usd pair.
At the current minute, the price has hit the upper boundary of liquidity and the main zone of sellers' imbalance. A breakdown of this zone will indicate a local reversal and a test of liquidity to the 103-104k area. Taking into account that the 1d candle closed with a strong pinbar and liquidation of more than 850 mln margin positions, I expect a breakdown on the strong imbalance of buyers and further continuation of the uptrend. Main target: 109-110k per coin. The scenario will lose its relevance at the breakdown of 90-91k.
$ETH Poised for a 5% Surge Amid Massive Investment by WLFIEthereum ( CRYPTOCAP:ETH ) has been in the spotlight following a significant purchase by Donald Trump’s decentralized finance (DeFi) project, World Liberty Financial (WLFI). This strategic move has sparked optimism among traders and analysts, positioning Ethereum for a potential price surge to $4,000.
World Liberty Financial’s Strategic Accumulation
In the last 24 hours, World Liberty Financial purchased 14,403 Ethereum, spending approximately $48 million USDC at an average price of $3,333 per ETH, according to data from Arkham Intelligence. This purchase has propelled WLFI’s total Ethereum holdings to 40,765 ETH, valued at approximately $138.5 million.
This significant investment comes amid a 5% price jump in Ethereum, with the cryptocurrency trading at $3,400 at the time of writing. The purchase also coincides with a 117% surge in daily trading volume, now standing at $68 billion.
Eric Trump, the executive vice president of the Trump Organization, hinted at additional Ethereum purchases in the pipeline, bolstering confidence in Ethereum’s long-term potential. Furthermore, WLFI’s addition of 5 billion WLFI tokens for sale at a 230% markup has raised additional capital, signaling aggressive expansion plans.
Technical Analysis
Ethereum has shown resilience, bouncing back from the $3,100 support level.
ETH is currently trading at $3,333, up 3.79% in the last 24 hours. A bullish reversal pattern is forming, suggesting further upward momentum. The RSI is at 48, indicating that Ethereum is not overbought and has room to capitalize on liquidity.
Furthermore, The 78.6% Fibonacci retracement level aligns with the $3,100 mark, providing a strong support zone in case of a correction. Resistance is expected at $3,500, with a breakout paving the way for a rally toward $4,000.
The 117% increase in daily trading volume highlights growing market interest. Additionally, total ETH liquidations have surged to $209 million in the last 24 hours, further supporting the bullish narrative.
Market Sentiment and Broader Implications
Ethereum’s price recovery aligns with broader market trends, with Bitcoin also witnessing significant upward momentum, reaching $109,000. The overall bullish sentiment in the crypto market is supported by increased institutional interest and positive macroeconomic factors.
What Lies Ahead for Ethereum?
With World Liberty Financial’s substantial investment and the bullish technical setup, Ethereum is well-positioned for further gains. The immediate target remains $4,000, with the potential for higher highs as market confidence grows. Traders should watch for a daily close above $3,500, which could confirm the next leg of the rally.
For investors, the $3,100 support level offers a compelling buy zone in case of a pullback, while long-term holders can benefit from Ethereum’s growing adoption and institutional backing. As World Liberty Financial continues to accumulate Ethereum, the altcoin’s trajectory appears increasingly bullish, making it a key asset to watch in the coming days.
ETH. $4KWe can consider global ETH movement in the context of two patterns. At EUROTLX:4K level there are main sellers and it is a mystery to me why there are so many of them and why exactly this level... However, pattern completes its formation with almost minimal volatility relative to the top market assets. March update may serve as a trigger for growth.
Dogegov ($DOGEGOV): Another 100% + returnI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
---SEE MY PREVIOUS ANALYS ON PREVIOUS ENTRY---
Dogegov ( KUCOIN:DOGEGOVUSDT ): Awaiting Optimal Entry Amidst Recent Developments
Trade Setup:
- Entry Price: $0.12455 (Pending Activation)
- Stop-Loss: $0.08754
- Take-Profit Targets:
- TP1: $0.27494
- TP2: $1.01000
Current Price: $0.23538
Recent Developments:
- Department of Government Efficiency ( KUCOIN:DOGEGOVUSDT ): President-elect Donald Trump has announced the formation of the Department of Government Efficiency, abbreviated as DOGE, to be led by Elon Musk and Vivek Ramaswamy. This initiative aims to streamline government operations and reduce wasteful expenditures.
- Market Reaction: Following the announcement, Dogecoin's value has surged, reflecting increased investor interest and market optimism.
Technical Analysis:
- Support Levels: Immediate support is observed around $0.20000, with stronger support near the anticipated entry price of $0.12455.
- Resistance Levels: Key resistance is identified at $0.30000, aligning with TP1, and a significant psychological barrier at $1.00000, just below TP2.
- Moving Averages: The 50-day EMA is trending upwards, indicating sustained bullish momentum.
- Relative Strength Index (RSI): Currently at 70, suggesting overbought conditions; a potential pullback to the entry price is plausible.
Market Sentiment:
The convergence of cryptocurrency culture with political developments has heightened interest in $DOGEGOV. The symbolic association with the Department of Government Efficiency has attracted both crypto enthusiasts and mainstream investors, contributing to increased trading volumes and positive sentiment.
Risk Management:
The proposed stop-loss at $0.08754 limits downside risk to approximately 30% from the entry point. TP1 offers a potential gain of 121%, while TP2 presents an opportunity for a 711% return, indicating a favorable risk-to-reward ratio for this trade setup.
Conclusion:
The intersection of recent political announcements and the cryptocurrency market has created a unique opportunity with $KUCOIN:DOGEGOVUSDT. Awaiting a retracement to the entry price of $0.12455 could provide an advantageous position to capitalize on potential upward movements, supported by current market sentiment and technical indicators.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Conduct thorough research before making any investment decisions.*
ETH Long to $6666Entry: $3,215.36
Target: $6666
Stop Loss: $2899
Trade Plan:
This trade is based on a liquidity grab.
The stop loss is set below the previous low.
Reasoning:
The price has shown a pattern of accumulation after taking liquidity with the possibility of further bullish movement as it nears the next resistance level. Watch for price action confirmation around the entry level before committing to the trade.