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BTCUSD path to 200 000 USD weekly chart overview🔸Hello traders, today let's review weekly price chart for BTCUSD . going into BTC halving event later in April bulls still maintain control, having said that, we are closing on on the danger zone, which is defined by 75 000 - 100 000 usd, so let's review the primary scenarios for bitcoin prices going forward. No nonsense overview, no dinosaurs, NFTs, super mario patterns, etc, just pure price action. Let's dive into it! 🔸Looking at the weekly price chart (log scale), bitcoin is trading in well-defined bullish channel since 2018 on weekly timeframe. We got a confirmed/strong sequence of higher lows / higher highs, which is a clear definition of an ongoing uptrend. Prices are projected to appreciate further, however there are two possible outcomes/scenarios going forward, so let's review them. 🔸SCENARIO1: uptrend resumes without any reasonable pullbacks, which will catch a lot of traders off guard, generate strong momentum and FOMO and BTC then will be projected to hit a final target near 200 000 USD by end of 2024. This is one of the options, definitely, however traders should be aware of the high danger zone, we are closing in on it right now - 75 000 - 100 000 usd - high risk of pullback/reversal. 🔸SCENARIO2: after halving initially we get solid gains / BTC pumps into high danger zone on decent / strong volume, however once we hit near 75 000 - 100 000 usd momentum fades / dies off and we start to top out on weekly price chart with heavy sell-side wicks and bulls eventually lose control near 100 000 usd and then we proceed into pullback/correction mode. It's possible that we lose up to 50% of the recent gains in the ongoing correction, based on the weekly price chart logical/next higher low might be printed near 35/40K. 🔸Bottom-line/recommended trade setups: if you are already a long-term holder and bought low near 20 000 usd, you should definitely keep holding and ride out the volatility, as the price target at 200 000 USD is still very reasonable / possible within 12-24 months. If you bought recently anticipating massive gains post BTC halving you should be very careful and watch out for potential reversal near Danger Zone. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BITSTAMP:BTCUSDLong
by ProjectSyndicate
18
#BOME/USDT 1h (ByBit) Falling wedge near breakoutBook Of Meme is regaining 20EMA support and seems ready for short-term recovery. ⚡️⚡️ #BOME/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (1.4X) Amount: 5.1% Current Price: 0.011289 Entry Targets: 1) 0.010976 Take-Profit Targets: 1) 0.017089 Stop Targets: 1) 0.007912 Published By: @Zblaba ECONOMICS:BOME BYBIT:BOMEUSDT.P #BookOfMemE #Meme #SPL Risk/Reward= 1:2.0 Expected Profit= +78.0% Possible Loss= -39.1% Estimated Gaintime= 2 days
Long
by TradingOn
4
Dogecoin (DOGE) TO DA MOON! - 2024TO DA MOON!! All jokes asides, Doge is peforming exceptionallywell, previous Resistance has been broken at: $0.11. New Level of Support has been formed at= $0.15. Not much next Resistance levels now ahead. Current target set at= $0.28 which basically will be the "NEW" Level of Resistance until the next key levels. Trade with caution with meme coins, expect high volatility within the ranges of the key levels I have provided shown from the chart TA. Despite being a meme coin, DOGE has a very high Marketcap of $23Bil. Huge amount of 24hr trading volume too which is insane. It's a stable meme coin, but it's here to stay in the crypto space! :D
Long
by Bitcoin_Benny
I can see SLERF doubling from here!This is beyond reckless attempting to predict a HVF before a low2 is even confirmed !! or a High 3 is even within sight But hey let's indulge in some male astrology shall we The story behind this coin is probably fake BUt who cares, it's a Bull market And Memes with a snowball effect are just too powerful to ignore. One of my favourites is Landwolf on AVAX as you know Which I think has a chance of half a billion market cap at least .. Slerf is already $300M so only needs a 3X for that magical Billion dollar valuation. It has a shot for sure... but let's lock in that double first
Long
by BallaJi
MEME has the potential to break above the resistanceMEME has the potential to break above the resistance and continue the trend 🔵Entry Zone 0.037531 - 0.039768 🔴SL 0.033451 🟢TP1 0.047080 🟢TP2 0.058800 🟢TP3 0.077000 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
1
AVAX Kimbo Meme coin could of bottom out from hereLooking at the charts and volumes it done it's 3rd leg wave down in volumes (OBV chart at the bottom) and $0.0003992 US price could of been the next bottom for these waves. If so, Kimbo poised to be big for AVAX meme coin The OBV volumes showing less selling presure now and good chance in the days ahead great buying pressure Some of the fundamentals: Avalanche Foundation Snaps Up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment www.coindesk.com I when to dexscreener to evaluate what moving fast for meme coins - dexscreener.com - Clicked on LIQUIDTY and when sort by descending order, Kimbo is number 2 spot. The number 1 spot doesn't have much value but Kimbo has long term potential for big gains Their website is IMPRESSIVE!! So much community work on this meme coin A++ www.kimboavax.com This the big one - they actually "burning" the "token supply" so Kimbo becomes more scarce. What think going to happen with the prices when reduce the token supply? Prices go up and up and faster! If scroll down the bottom of the page for Kimbo website you see "Kimbo Merchandise" - These meme coins have VALUE! and can buy NFTs for it too Fundamentals is good, AVAX team buying into this meme coin for exchange liquidity. Most likly be listed on KuCoin and then Binance. This has pretty good volumes too and I like the charts for this great opportunity On twitter they going to expose this project to the masses on Facebook, Instragram i believe very soon. It has 18,000 twitter followers and can go pass the 50 to 100,000 followers twitter.com This poised to be the next Shib Inu, Dodge meme coin where billon and billon of dollars flood through this project Do you like Kimbo, do you think it has so much potential?
KLong
by SmallWindow
Bitcpin 690k Ladies and gentlemen, esteemed investors and enthusiasts, today we stand on the cusp of a historic moment in the evolution of finance. Bitcoin, the revolutionary digital currency, has surged to unprecedented heights, with the potential to soar to a new all-time high of $690,000 per coin. But let us not merely marvel at the numbers; let us grasp the profound significance of this moment. Bitcoin is not just a currency; it is a beacon of hope, a symbol of empowerment, and a catalyst for change. As we witness Bitcoin's ascent to new heights, we are witnessing the dawn of a new era in finance. Gone are the days of centralized control and manipulation; here to stay is a decentralized, borderless currency that transcends the limitations of traditional monetary systems. At $690,000 per coin, Bitcoin represents more than just monetary value; it represents the culmination of years of innovation, resilience, and unwavering belief in the power of decentralized technology. It is a testament to the ingenuity of the human spirit and the potential for positive transformation in our world. But let us not become complacent in our celebration. With great power comes great responsibility. As Bitcoin continues to rise, we must remain vigilant, ensuring that its benefits are accessible to all and that its potential for positive change is realized. Let us seize this moment to educate, to empower, and to inspire. Let us harness the power of Bitcoin to create a more inclusive and equitable world, where financial freedom is not just a privilege but a fundamental human right. So, my friends, as we stand on the brink of this historic milestone, let us embrace the potential of Bitcoin with open arms and open minds. Let us dare to dream of a future where financial sovereignty is within reach of every individual, where barriers are broken down, and where opportunities abound. The journey ahead may be filled with challenges, but with Bitcoin as our guiding light, we can navigate the uncharted waters of the future with confidence and conviction. Together, let us embark on this journey towards a brighter tomorrow, where the potential of Bitcoin knows no bounds, and where the promise of a more prosperous and equitable world becomes a reality for all.
BITSTAMP:BTCUSDLong
by TrojanBible