Why do I believe in Plexus and hold PLX tokens? BITGET:PLXUSDT
Here are some reasons why I am very bullish about this project:
• the project really has functionality, it is used every day, including me. Plexus is a Cross-chain DEX aggregator. It guarantees the fastest, the cheapest and the most secure multi step swaps across all blockchain networks and bridges with a single transaction. With the Theta algorithm based "CCRP (Cross-Chain Routing Protocol)" and the maximized UX, PLEXUS will become the best one-stop DeFi platform where everyone can exchange any asset on any blockchain seamlessly www.plexus.app
• the project has a very low capitalization, it is only about 900k dollars and very low price only 0.02$, its only 2x from IDO price (as of 23.12.2023), so a min. 100x increase in price is very possible in this bull market;
• low token emission (max supply 500,000,000 PLX) and now (23.12.2023) in circulation are only 40,000,000 PLX which is equal to 8% of total supply;
• the team successfully raised more than 500k dollars on such launchpads as Seedify, Redkite, Spores;
• PLX tokens are traded on one of the best crypto exchanges (Bitget) and there is a stable daily trading volume of 100k dollars. Even very good and fundamental projects do not always have such a trading volume now;
• the project has more than 30 partners, including such giants as Chainlink, Kava, Linea, Startgate, Amber
There are many more reasons why I believe in this project, but it will take a lot of time, so I advise you to learn more about this gem on your own. I will say briefly. In this bull market that is approaching day by day, my goal for this project is a price of at least 2$ per PLX token.
HODL
Hodl
BTC - For Now, We Wait ⏱Hello TradingView Family / Fellow Traders,
Based on my recent BTC analysis (attached on the chart), we anticipated a rejection from the blue circle zone, as it is the intersection of the lower bound of the channel and the 40,000 round number.
Now, what's next?
📈 For the bulls to remain in control and take over from a medium-term perspective again, we need an H4 candle close above the last major high marked in orange at 43,550.
In this case, a movement to the 48,000 resistance would be expected.
📉 Meanwhile , BTC would be stuck inside a range, but the bulls will remain in control as long as the 40,000 level holds.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
ETH - Top-Down Analysis 📹 2024 RoadmapHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #ETH.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC Bull Run AnalysisThe crypto market looks bullish in the long run, but it has been consolidating in the short term. BTC's price movement is being compressed for a good move in the short term. The SMA 25/150 is also giving a long signal.
Any Rally in the medium/long term requires it to break the 45000 mark, While any breakdown & closure below 38000 can harm the bitcoin rally in the medium/long term.
Until it stays within the range the supports and resistance marked in the graph are important levels to look for.
Target profit, stop loss, Risk Reward Ratio, and Position Size as per risk-taking potential.
The Market Fundamentals and Overall Crypto Market Sentiment should also be considered before any action.
Note: Not Investment/Trading Advice. Purely Personal Views. DYOR Before investing or trading. Not responsible for P&L arising out of this idea.
TRB - Stronger Than Ever 💪Hello TradingView Family / Fellow Traders,
↗️ After breaking above the 100.0 round number and support zone, TRB has been bullish trading inside the rising channel in red.
📈 According to my trading plan, as TRB approaches the lower red trendline, I will be looking for bullish reversal setups on lower timeframes to catch the next bullish impulse.
🎯 As the next bullish impulse begins, we will be targeting the 140.0 supply zone marked in gray.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC - Top-Down Analysis 📹 2024 RoadmapHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC Short Term AnalysisBTC has corrected in the last few days, but it has took support in the trendline, Major Supports including Trendline, SMA 150, and Support Zones have survived, and the price of BTC as well as ALT Coins are above their support.
As the overall market sentiment is bullish in the medium term, we can expect BTC to Bounce off from here, Important Price Supports to watch out for are 40500 and 38000. Any significant fall and close below these levels could trigger further selloff and turn market mood to negative side.
It would be a good idea to go long in the support zone for medium-term positions with Target Profit and Stop Loss as per Risk Taking Potential.
The Market Fundamentals and Overall Crypto Market Sentiment should also be considered before any action.
Note: Not Investment/Trading Advice. Purely Personal Views. DYOR Before investing or trading. Not responsible for P&L arising out of this idea.
ETH - Wait For The Bulls 🏆Hello TradingView Family / Fellow Traders,
ETH has been overall bullish trading inside the rising channel in blue, and it is currently in a correction phase retesting the lower bound / blue trendline.
Moreover, it is approaching a strong support zone 2150.0
🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the red support and lower blue trendline acting as a non-horizontal support.
📈 As per my trading style:
As BITRUE:ETHUSDT approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC - Still Strong 🏆Hello TradingView Family / Fellow Traders,
🏹 After breaking above the orange symmetrical triangle, BTC initiated a new parabolic impulse and has been bullish trading within the ascending red channel.
Presently, BTC is hovering near the upper boundary of the channel, which could potentially lead to a bearish correction.
📉 In such a scenario , as BTC approaches the intersection of the lower red trendline and $40,000, we will be on the lookout for trend-following buying opportunities.
📈 Concurrently , for the bulls to assert dominance aggressively, a decisive break above the current minor high at $44,500 is crucial. In this scenario, a movement towards the $48,000 resistance level can be anticipated.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
ETH Bullish Entry IdeaImportant Price Point to decide short-term movement, As ETH has broken the long-term resistance and trendline, the medium to long-term outlook is bullish and it would be wise to go long. If the price point breaks the trendline and crashes it would be a good point of entry.
Long positions could be entered above the support zones with stop loss according to risk-reward ratio comforts.
The Market Fundamentals and Overall Crypto Market Sentiment should also be considered before any action.
Note: Not Investment/Trading Advice. Purely Personal Views. DYOR Before investing or trading. Not responsible for P&L arising out of this idea.
BTC - Good Signs for 2024 already 🏆Hello TradingView Family / Fellow Traders,
🏹 Based on my earlier BTC analysis (as shown in the attached chart), we have been anticipating a breakout from the triangle pattern, which is crucial in determining the market sentiment for the rest of the year.
Last week, BTC successfully breached the triangle pattern to the upside, signaling a shift in momentum as the bulls gained control and pushed the price beyond 40,000.
📈 Currently, the next significant resistance level is expected around 43,350. If this level is surpassed to the upside, we can anticipate further bullish movement with a potential target near the 48,000 mark.
The bullish trend will likely persist as long as the last H4 low remains unbroken to the downside.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
SNOW is rising this Winter ❄️Hello TradingView Family / Fellow Traders,
❄️ NYSE:SNOW has been stuck inside a big range in the shape of a symmetrical triangle.
🏹 For the bulls to take over from a long-term perspective , and the Markup phase to start, we need a weekly candle close above the 210 resistance.
Meanwhile, as SNOW approaches the lower bound of the triangle, we will be looking for short-term buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC - Let The Party Start 🎉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
On the Weekly Chart (Left):
The bulls are stronger than ever, as BTC broke above the 32,000 weekly resistance. The 32,000 level is now acting as support since we had a daily candle close above it. The next resistance zone would be around 40,000.
On the H1 Chart (Right):
The blue curve shows the overall bullish trend, with the previous major lows marked in blue. Today, BTC formed a new recent low. If history repeats itself, we can expect the price to retest this low before forming another significant upward impulse.
The bulls will remain in control unless the last low is broken downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Ready to load some SOL on the coming monthsLooking for buying opportunities around $24 to $20. In case of a weekly close below $20 the price can drop to the next support at the $13,5 area. Very small chance to close below $12, in that case the bottom should be at $5 and i will go all in.
MACD shifting to the upside and RSI broke the diagonal resistance.
set alarms and DCA your way in.
HODL time: 3 to 12 months depending on where the bottom will form.
BTC - The party has just Started 🎊📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Levels To Watch 👀Greetings, TradingView Family! This is Richard, also known as theSignalyst.
After rejecting the 28,000 level , BTC has been bearish this week.
📈 For the bulls to remain in control, we need a break above 28,500.
Meanwhile, BTC could still trade lower to test the 25,000 support zone.
📉 If the bears manage to break below 25,000 , we can expect further long-term bearish movement towards the 20,000 demand zone.
Which scenario do you think is more likely to happen? and why?
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
XRP- NEW DAWNYou get money, they get money, this is a possible start for the bullrun of crypto. Its cup and handle in cup in handles, flags within flags.
Looking at this Risk to Reward is very promising for bulls vs bears. Do YOUR OWN ANALYSIS, but keep this chart in mind for is for told within the near future and beyond.
BTC THE WAY TO 30K IS HERE..Thank you for reading our update. Please remember that this is not advice for trading.
Bitcoin (BTC) has faced challenges since it dropped below $30,000. Since then, it has been following a relatively stable trend.
Since $24,200 BTC is working towards reaching the $30,000 mark again. We have observed that $24,600 is a strong level of support, but it's essential to consider the timeframe, which needs confirmation.
The confirmation of a new upward trend might occur between $27,000 and $27,500. Until that happens, it's advisable to monitor the trend and see if BTC can confirm this positive movement based on technical data. If it does, BTC may have the potential to climb back to $30,000.
BTC - For now, We Wait ⏱Greetings, TradingView Family! This is Richard, also known as theSignalyst.
BTC is still bearish trading inside a falling wedge pattern and lately it has been stuck inside a narrow range.
📈 For the bulls take over again short-term , it's crucial for BTC to surpass the last high in gray around 26,500 and upper red trendline.
📉 Meanwhile, BTC would be bearish, and if it breaks below 26,000 we will expect further bearish movement till the 25,000 - 25,250 support and demand zone.
Which scenario do you think is more likely to happen? and why?
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
BTC - Detailed Video Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich