ALTCOINS that may Actually HAVE A FUTURE Beyond 2024I remember the good 'ol days, when the amount of options you had was limited to one hand.
First there was Bitcoin. Then came ETH, LTC, XRP and BCH (Bitcoin Cash). And a few other's later came like Bitcoin Gold and CRV. But oh man, were those the days. Crypto felt oddly "safer" back then, despite mt gox and pyramid schemes running rampant. Because today - the enemy is actually in the camp...
New alts are being released every hour (probably more) and it's just the one airdrop to the next rug. Lot's of progress has been made in this space which is blockchain, but we're still not really seeing the original promise of Bitcoin being fulfilled (fast and affordable cross border payments, ) amongst others.
Today, it has become close to impossible to separate the crop from the cream in terms of coin accumulation. If you bought BTC two years ago, or ETH, or LTC - you'd currently be in profit. However, some alts don't even exist for a month after release date never the less a year or more.
So let's talk about which altcoins I believe have a future FOR SURE. Remember that this is a highly debatable point; but I am going to point out the few that I believe will survive (at least past year and possibly beyond).
👉 1) Bitcoin COINBASE:BTCUSD
Bitcoin is not an altcoin, it is the original crypto. The KING. The first commandment and promise of a fair, open and transparent future on the blockchain. BTC's price may be overvalued occasionally, but it will always have the benefit of being first. And with so many institutional investors, I think it's a safe play for the foreseeable future.
👉 2) Ethereum COINBASE:ETHUSD
King of the alts, first of it's kind. Ethereum is the world's first smart contract platforms which remains the most popular choice among developers even today. Following Bitcoin's decentralized concept, Ethereum has become a leader in smart contract platforms and dApps. Eth is here to stay.
👉 3) Solana BINANCE:SOLUSDT
Competitor now to Ethereum, SOL has previously surpassed ETH (not in price). With over 95 million transactions daily, Solana has become the fastest blockchain and recently surpassed Ethereum in Total Economic Value. Many devs prefer Solana, and I believe it will stick around for the foreseeable future.
👉 4) Dogecoin CRYPTOCAP:DOGE
I hate how dependent Doge is on Elon Musk. But, for some reason, Mr Musk has a fascination with Doge and has promised many times to include it as a payment option on X (formerly Twitter). Even though it seems like a pie in the sky, something like that would significantly increase the value of Doge. I don't see it as a "forever" coin, but definitely on the list.
I think a key point to note here, is that back then, they (the founders) were doing something revolutionary. They were and are the titans of the industry. Today, anyone with GPT can create a functioning alt that "serves a purpose" or has "fundamental use case" in some way. It's true that AI is revolutionary, and I am very bullish on the concept of AI and the promise of automation for human kind. But this far, it hasn't been profitable, yet .
OpenAI makes losses and cryptoai is just leveraging off the larger AI, or the concept thereof... Sure, there are privately trained models, but at the current moment it takes a tremendous amount of resources (time, money, physical space) to do DL or Machine Learning, which if OpenAI cant make profitable... then neither can the cryptoai created by john, steve and bob.
10 Other ALTS that will probably make it past this year:
1) Shiba Inu (because people love it) BINANCE:SHIBUSDT
2) XRP (because many can't let go) BINANCE:XRPUSDT
3) Cardano (because it has a cult following) BINANCE:ADAUSDT
4) BNB (Binance supporters maybe?) CRYPTOCAP:BNB
5) Chainlink (because oddly enough it's survived for this long) BINANCE:LINKUSDT
6) Kaspa (potentially a revolutionary alt) MEXC:KASUSDT
7) Render (potentially an ai winner) BINANCEUS:RNDRUSDT
8) Monero (still the best privacy coin) KRAKEN:XMRUSD
9) Sei (potentially a revolutionary alt) BINANCE:SEIUSDT
10) Aave (still the best for borrowing and lending) COINBASE:AAVEUSD
Don't miss the message here - you can still TRADE altcoins. There are good trading opportunities
and setups even for the worst alts. I know this because we trade them daily. But this post is not about trading opportunities - it's about the future, potentially the far future. Who will likely survive and why. Alts that may be worth accumulating an that probably won't rug in a month's time.
I hope you can take it for what it is intended to be!
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Ethereum (Cryptocurrency)
ETH target over 100001D time frame
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TP: $7306 / $10,000
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(1) $2100 is the best entry if fell again
(2) ETH is running Elliott Impulse Wave, and just completed the 1st and 2nd wave
(3) 3rd wave will come around 9/E, and reach its high in Jan ~ March 2025
(4) The low of 4th wave can be seen in April ~ June 2025
(5) The high of 5th wave can be seen in Oct ~ Nov 2025
(6) Keep being patient
Ethereum Outlook ICT ConceptsEthereum Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on ETH/USDT, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
💡 Previous Analysis Review:
In the last analysis, Ethereum experienced a significant sell-off, taking out the previous month’s low (PML) and capturing sell-side liquidity (SSL). Following this move, Ethereum expanded higher, and the price is now consolidating in a crucial range.
📍Current Market Overview:
Ethereum is currently trading around 2,649.20, navigating within a critical zone marked by a buy-side liquidity (BSL) and sell-side liquidity (SSL). Additionally, a 4-hour Fair Value Gap (FVG) exists around the 2,370 level, presenting a potential area for price retracement.
🔍 Identifying Key Levels
• PML (Previous Month Low): 2,645 – recently swept.
• PMH (Previous Month High): 3,567 – a possible target on a bullish breakout.
• PWH (Previous Week High): 3,385 – key resistance level.
• BSL (Buy-Side Liquidity): Around 2,706 – acting as resistance.
• SSL (Sell-Side Liquidity): At 2,535 and 2,206 – significant support levels.
• 4H FVG: Located around 2,370 – potential retracement zone.
📊 Key Considerations
• Current Price Position: Ethereum trades at 2,649.20, close to the BSL level.
• 4H FVG Reaction: A 4-hour FVG at 2,370 is a critical level to watch for price reactions.
• Consolidation Phase: Ethereum is consolidating, suggesting an impending move.
📈 Bullish Scenario
A bullish scenario might unfold if:
• Retracement into the 4H FVG: Price could retrace into the 4H FVG at 2,370 and find support, potentially leading to a rally.
• Sweep of SSL: A sweep of the SSL at 2,535 or lower could indicate a liquidity grab, setting the stage for a move higher.
• Formation of Higher Lows: If the price establishes higher lows above the SSL, it may signal a bullish continuation.
📉 Bearish Scenario
A bearish scenario could develop if:
• Sweep of BSL: If the price sweeps the BSL at 2,706 but fails to hold above it, it could indicate a bearish reversal.
• Break Below 4H FVG: A break below the 4H FVG at 2,370 might suggest further downside potential.
• Lower Time Frame Confirmation: Watching for confirmations on lower time frames could provide early signs of a bearish trend.
📊 Chart Analysis Summary
• Bullish Expectation: A successful retracement into the 4H FVG or a sweep of the SSL could provide a foundation for a bullish rally.
• Bearish Expectation: A sweep of the BSL without sustaining the level or a failure at the 4H FVG could lead to further declines.
📝 Conclusion:
Ethereum's price is positioned at a crucial juncture, with potential for both bullish and bearish outcomes. Monitoring the reactions at the BSL, 4H FVG, and SSL levels will be key to understanding the next market direction.
🙏 Thank you for joining us!
Exploring ETH/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
Ethereum's Only Bullish Scenario (August 2024)Since the bullish move on Ethereum from June 2022 till March 2024 can never be counted as an impulsive wave; I expect ETH to face a challenging sell-off in the coming weeks.
As long as the price is still below $4,000; many bearish analysis are valid (for instance ETH can go <$800)
The invalidation of all the bearish ideas & the confirmation for the bullish continuation is basically passing $4,000.
In the mean while, the only bullish idea that can be bet on is the scenario of a triangle. Whether the (c) of the triangle is in or the triangle gets bigger. As long as the price is above $1,000 and below $4,000, the idea of the bullish triangle is on.
Bearish invalidation is breaking $1,000
Bullish confirmation is passing $4,000
Alt Season is Right Around the CornerBitcoin dominance has been growing in the past few days as it outperforms the rest of the cryptocurrency market after the sharp drop last week. Many things are pointing towards Bitcoin continuing to outperform in the short term as we gear up for the next parabolic bull market.
However, alt season is very close and, once BTC confirms it's breakout towards 100k, a lot of the large caps like Ethereum and Solana will begin to go up very quickly. This is based on my cyclical analysis of alt seasons. To get a better idea of the cyclicality of cryptocurrency, Bitcoin, and alt seasons, check out my previous post which predicts the next parabolic rise in November:
An important thing to note when referring to alt seasons is that they don't last long (only a few months). So understand your timeframe when investing over the coming weeks. Another important idea is how money tends to flow during this period. It historically starts with Bitcoin breaking its all time high and beginning to rise. During this time, altcoins tend to underperform. But once BTC consolidates and begins to go sideways, that's when the rest of the market has time to catch up. In the chart I show 4 key points:
Bitcoin
This is when BTC makes a significant breakout whether that's from a significant resistance level or its ATH. This is where BTC is outperforming 99% of the market.
Ethereum & Large Caps
BTC will begin to slow down and a lot of the major altcoins will see a big increase. This is where you can find great trade setups on the BTC pairs like ETHBTC, SOLBTC, etc.
BTC Consolidates
BTC will start to go sideways, cooling off and preparing for its next rise. From here you might see some pumps in mid-low caps. These tend to be volatile and hard to predict.
Small caps - Quick and fast
As BTC continues to go sideways, some small caps might experience quick pumps in price. Similarly, these tend to be even more volatile and hard to predict.
After this, the pattern repeats back up to Bitcoin until we reach a peak and begin a new bear market.
The cryptocurrency bull market is brewing up and alt season can offer some incredibly profitable opportunities. Plan ahead, and don't overtrade.
NEO/USDT: Prime Buying Opportunity Amid Bullish Reversal SignalThe NEO/USDT pair is currently trading at 4.153, showing signs of a potential upward reversal after a recent downward correction. This retracement has brought the price to a critical support level, which is being closely watched by traders. The Relative Strength Index (RSI) has recently dipped into oversold territory, indicating that the selling pressure may be waning and a reversal could be imminent. Additionally, the Moving Average Convergence Divergence (MACD) is beginning to show a bullish crossover, which historically signals a shift in momentum from bearish to bullish.
Moreover, the price action suggests that NEO has formed a bullish divergence, where the price is making lower lows while the RSI is making higher lows. This divergence is often a precursor to a strong upward move. The 50-day moving average is also flattening out, suggesting that the recent downtrend may be losing steam and that a base is being formed.
Considering these technical indicators, the current level offers a strong buying opportunity for investors looking to capitalize on the potential medium-term upside. The combination of oversold conditions, bullish divergence, and a potential MACD crossover suggests that NEO could see significant gains from this point. With the price at 4.153, a well-timed entry could allow for substantial profits as the market reverses and begins to move higher. Therefore, this pullback should be viewed as a prime opportunity to buy, with the expectation of a strong rally in the coming weeks.
VELOHonestly been reflecting on VELO a bit.
And if my CRYPTOCAP:TOTAL 3 analysis is correct and we get an XRP bull market to $5 plus soon then XLM will likely follow.
They trade 20-.30c different on any given trading day. Since VELO is on XLM block chain and if we get $2-$4 XLM $VELO can be right back at 2021 highs with a simple $7- SEED_TVCODER77_ETHBTCDATA:8B market cap. really doesn't seem unlikely to me.
Plus they are one of the few altcoins that are actually working on the Web 3 payment side in Asia with massive corporate and Gov connections.
eHEX Perfect Fibonacci Pattern, Potential 10,000x Gains?Wave-B relates to wave-A by 161.8% in time and 61.8% in price, creating a perfect price AND time fibonacci relationship. Internally, Wave-B seems to be forming into some sort of complex correction with a good chance of a bottom here because of the internal relationships between each phase of the complex correction. HEX has also created a weekly wiseman buy signal along with bullish momentum divergences, and with a wider crypto bull market potentially beginning now HEX could start making its way back towards ATHs.
Since this is an extremely volatile and controversial coin just a move back to the ATH would be over 500x gains, and a move similar to wave-A would be over 20,000x gains. It's not recommended to put a large amount into this trade because it is extremely volatile, but even a small amount could eventually become a much larger amount if it gets another wave like wave-A or even just goes back to the ATH, and based on the time/price relations a move like that could be coming soon.
HEX is actually forked into two coins, HEX on Ethereum (eHEX) and HEX on PulseChain (pHEX). I am buying a little bit of both but just know this chart specifically relates to HEX on Ethereum. The process of buying is also not exactly straightforward, you can buy eHEX on MEXC but liquidity is low. The best way is bridging to PulseChain and buying eHEX on PulseX, but you'll need to get some PLS to pay tx fees. You can also buy pHEX on PulseX which may or may not perform better than eHEX.
$SILVER will overperform $ETH ?In this #silver against #ethereum (XAG/ETH) chart, silver formed a bull flag against #ETH and also there' s a gap downside as seen on the chart. If this index make bullish breakout to upper red box, then i may expect some issues:
- ETH and #crypto may go into a corrective wave.
- Silver pumps, ETH just underperforms.
OR Whole markets' correction / dump.
If index goes to fill the gap: #ETH pumps.
Not financial advice.
ETH biggest whales accumulation BITSTAMP:ETHUSD
Possible Targets and explanation idea
➡️2 indicators from my set. The best for swing trading and investments zones
➡️ADZ (lowest indicator) showing we got biggest whales accumulation ever at 880$
➡️Fib retracement end of bull run was in April-May 2021 not in Autumn 2021. Open charts 90% of altcoins and you'll understand
➡️Tested -0.27 zone (historically on Weekly its an accumulation and last capitulation)
➡️Trade almost one year under and around Fundamental price and Buy line based on my Take profit indicator. Yellow line
➡️Take profit line now at 3212 around 0.5 and 0.618 level by fib.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
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ETH global trend since 2015BITSTAMP:ETHUSD
Possible Targets and explanation idea
➡️Trend based fib extension
➡️Amazing test 0.5 level
➡️If we dont drop again under 1420 we Have an all chances to close 0.78 lvl this year 2535 and move forward to the next targets.
➡️Targets conservative but just to be honest i dont think ETH will reach 10K next bull run
➡️ And yes everything that simple because crypto its a code and algorithm
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
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ETH - D1 Chartif analyzing based solely on time and location, then if ethereum is able to sustain and hold its valuation above approx $2K, then there is potential for a measured move to play out with a conservative target at approx 15K. If there is a tail whip blow off top, then the measurement can exceed higher based on fib expansion towards approx 28-33K. if hypothetically the set up plays out but the calculated measurement is not fulfillable, then i would look for invalidations at 50% extension ratios at approx 6-7K. if able to complete entire measurements i would anticipate the target should be hit aggressively in Q2 2025 around the month of March/April and conservatively in Q4 2025 around the month of October/November.
(observations: currently there is a lot of negative sentiment surrounding the recent event of the ethereum etf launch, as well as capitulation, if not already evident from the chart, from market participants who no longer believe it has exponential potential regardless of institutional inflows.)
Etherum eyes $7,300 After Wave 4 Rebound! Long-Term Analysis of ETH/USD
We are back with another in-depth look at the ETH/USD pair. It appears that Elliott Wave 4 has completed, and we may see one more wave to the upside before a larger correction occurs.
Wave 4 was particularly intense, with a sharp and rapid decline that brought the price down to the 200-week moving average (MA). This level also coincided with the lower support line of the current channel. Fortunately, we experienced a strong rebound from this area, and the market is now poised for a potential upward movement.
My target for this next leg is at the 1.618 Fibonacci extension level, which is around $7,300 per coi
The wolf pack are hunting for profits, one block at a time..🐺
Make sure to follow my new profile on X for more weekly updates! :@PuppyNakamoto
Happy trading!
COINBASE:ETHUSD BITSTAMP:ETHUSD BINANCE:ETHUSD BINANCE:ETHUSDT
Crypto Altcoin market cap - daily chart viewTOTAL3, which measures the market cap of all cryptocurrencies except Bitcoin and Ethereum, is currently sitting at a crucial support level. This is the third time it has tested this zone, making the next few weeks critical for the future of altcoins.
For any chance of an altcoin recovery or the start of an alt season, a strong reversal is needed. If TOTAL3 can bounce back from this level, it could spark new interest and momentum in the altcoin market. However, if it breaks down further, we could see more weakness across the board.
I'm hopeful that we'll see a reversal in the coming weeks, which could reignite the altcoin market.
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Cheers
GreenCrypto
GTAU/USDT : Waiting for Consolidation ! (READ THE CAPTION)By examining the GT Protocol chart in the 4-hour timeframe, we observe that after the entire cryptocurrency market experienced a significant drop last week, this cryptocurrency was no exception and corrected down to $0.45. Currently, GT Protocol is trading around $0.51, and we need to see whether it can stabilize within the $0.45 to $0.49 range this week. This analysis will be updated.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Bitcoin Rallies Back to $60K Despite Soft Economic Data & MoreTakeaways
Bitcoin's value dropped below $50,000 early this week, marking its lowest point since mid-February: But prices quickly bounced back, briefly pushing near $60,000 on Thursday, as major indices regained their footing despite fears of a US recession.
Amid global market turbulence, US spot Bitcoin ETFs saw $168.4 million in net outflows on Monday: Grayscale’s GBTC led the withdrawals, while macroeconomic issues and crypto-specific factors intensified the market selloff.
Crypto coalition asks for clarity on digital assets: A group of more than 50 crypto asset firms, dubbed The Crypto Market Integrity Coalition, wrote a letter to President Joe Biden and Vice President Kamala Harris asking the White House for more regulatory clarity around digital assets.
New Ethereum wallet addresses have fallen to their lowest level this year amid the launch of spot ether ETFs: Solana, however, saw an uptick in new addresses due to its growing DEX ecosystem and interest in memecoins.
Ripple is advancing its stablecoin strategy with the upcoming launch of Ripple USD (RLUSD): Set to debut on XRP Ledger and Ethereum, RLUSD will reportedly help advance the company’s focus on cross-border transaction innovation.
Bitcoin Drops Below the $50,000, then Pushes Back to $60,000 Amid Economic and Geopolitical Concerns
Bitcoin saw its fourth consecutive day of decline during Asian trading on Monday, plummeting under $50,000 before recovering to around $60,000 at the midpoint of the week. The cryptocurrency's downturn is attributed to increasing geopolitical tensions in the Middle East and growing concerns about the global economy, both of which have shaken investor confidence. Many are also concerned the Federal Reserve has not been fast enough in responding to signs of a weakening US economy.
Gemini data indicates that bitcoin hit a low of $49,540 before slightly rebounding. Meanwhile, ether fell to almost $2,000, its weakest point since early January this year. This sell-off resulted in more than $1 billion worth of liquidations in the crypto futures market, with ether accounting for more than $350 million.
The sharp decline in cryptocurrency values was part of a broader market downturn fueled by fears of a global recession, turmoil in Japan’s market, and heightened tensions in the Middle East. The start of the week was not positive for global markets. Japan's Nikkei 225 Index tumbled by 12.4%, the Stoxx Europe 600 Index decreased by 2.8%, and S&P 500 micro futures lost 2.9%. The NASDAQ also tumbled by almost 2.5%. This panic selling reflects investor anxieties about potential economic instability and geopolitical unrest.
🏖️ Topic of the Week: Solana (SOL): Scaling Crypto to the Masses
➡️ Read more here
ETh → a high timeframe analysishello guys!
the news forced the price dump!
1. Double Top Completion:
- Description: The double top pattern projected a target of $2,100, which the price has successfully reached. This indicates that the bearish move triggered by this pattern has played out.
- Outcome: Since the target has been met, the selling pressure may decrease, and we could see consolidation or a potential reversal.
2. Current Support Zone:
- Description: The price is now hovering slightly above $2,100, at around $2,280. This area could act as a new support zone, especially since it aligns with the long-term upward trendline.
- Outcome: If this support holds, the market may enter a consolidation phase, with potential for a bullish reversal if buying pressure increases.
3. Next Potential Move:
- Bullish Scenario: If the price continues to hold above the $2,100-$2,280 support range, and if it breaks above the nearby resistance zone ($2,500-$2,700), it could signal the start of a new upward move, potentially targeting higher levels like $3,000 or beyond.
- Bearish Scenario: If the support around $2,100 breaks, the price might test lower levels. The next significant support could be around $1,800, which was previously highlighted as a strong support zone.
Summary:
- Completion of Bearish Move: The target of $2,100 being hit marks the completion of the double top pattern's bearish move.
- Critical Support Level: The $2,100-$2,280 zone is now a critical support area to watch.
- Market Direction: The next direction will likely depend on whether the price can hold this support and break above resistance, or if it will fail and move lower.
Traders should monitor these levels closely to gauge the market's next move.
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✓✓✓ 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
Will the 2800 zone act as a strong resistance in the near term?After breaking the 2800 area, we are now approaching it from the other side. Will it act as a strong resistance, or will we break back above it?
For more information, watch the video.
CRYPTO:ETHUSD EASYMARKETS:ETHUSD
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