Algo 🚀Hello, friends! 🫶Today I'm here with an interesting coin!😉
Algorand (ALGO) is a blockchain platform and cryptocurrency created to improve scalability, security, and decentralization in blockchain networks. Founded by Silvio Micali, a professor at the Massachusetts Institute of Technology (MIT), Algorand aims to provide high performance and fast transactions without compromising security.
During the previous bull market, Algorand (ALGO) also demonstrated significant growth , like many other cryptocurrencies.
Currently, the price is still relatively low, which makes it quite attractive, personally for me!😊
I urge You to pay attention to it, if You are interested in a coin, that You can hold for the long term.🚀
The levels on the chart are outlined for the medium-term perspective , but the coin has much more potential !
👀What do You think? Have You ever traded this coin? Do You have any experience?😌
Share with me in the comments!
Thanks for Your attention💋
Always with You, Kateryna💙💛
Rocketbombtrading
ETH to NEW highs?👀Hello, dear friends!🫶
The cryptocurrency market is boiling and soaring rapidly!💥
The price of Ethereum has broken the upper resistance of the formed triangle and continue rising, surpassing the previous high. This means that for the medium-term perspective , the following profit levels can be noted: 3788, 3912, 4020.
Honestly, the risk of sharp price jumps is very high right now! Whether to enter trades or not, it's your responsibility! Think and weigh all the risks!
Thanks for Your attention💋
Sincerely Yours, Kateryna💙💛
Solana 🔻Hello, fellow traders! ☺️Today, let's delve into the world of Solana on the hourly chart to determine the short-term perspective!💪
It seems that the price has started forming a descending channel. If that's the case, then a few hours ago, the price bounced off the upper resistance and will move towards the support, which is the lower part of the channel, at levels $166 - 162.🔻
😌If you're keen to learn something new about channel trading strategy, I'll leave the link below for you to explore further.
Subscribe to stay updated!🫶
Thanks for Your attention💋
Sincerely yours, Kateryna💙💛
Solana 🔽Hi, friends! 🫶Solana, with its recent price action, presents a compelling opportunity for short-term trading strategies. With its strong fundamentals and growing ecosystem, Solana has garnered attention as a promising blockchain platform. However, in the short term, market dynamics indicate potential downward movements, offering traders a chance to capitalize on price fluctuations. 😊
▶️Opening the position at levels 188-190 📈
✔️Taking profit at level 177 💰
✖️Stop loss above 198 ⛔️
These are just my thoughts, and the decision to enter the trade is up to You. 🤔
Sincerely yours, Kateryna💙💙
Lina is Ready to Take OffHello, traders! 💥Today we have Lina coin. Many of You may not have even heard of it, but let's dive into why it deserves Your attention.🧐
Lina is a coin, that currently isn't in the spotlight, but the technical analysis speaks for itself: it's ready to soar! 🚀After all, as the old trading rule goes, " buy on rumors, sell on news. "
Despite the lack of chatter surrounding Lina, its technical analysis indicates potential for buying.
In such a moments like we would show some trader instinct and catch a promising coin on the rise.😁
Share Your thoughts about this coin in the comments! 😎
Subscribe to stay updated!🫶
Thanks for Your attention💋
Sincerely yours, Kateryna💙💛
Dogecoin on weekly and hourly charts💥Hello, guys! ☺️Today let's take a look at two timeframes of Dogecoin: the weekly and hourly. We'll try to determine the price movement in the short-term, medium-term, and long-term perspectives!💪
🐕Dogecoin is a coin that evokes mixed emotions: some adore it, some hate it. Some have become very wealthy because of it (like Elon Musk, for example, haha😄), while others have lost a significant amount of their wealth (Hi, Elon🤨).
The most important thing is not to succumb to the hype and not to buy the coin, when it is clearly overbought .
Let's take a look at the weekly Dogecoin chart. What can we see there?
✔️Adding the RSI indicator to the chart, we can clearly see, that the coin is overbought , which is not the best signal for buying. It needs some rest. 😌
🟣 My advice : place several buy orders in the range of 0.097 - 0.139 and don't rush. Just observe. That's for the long term perspective !
Now, let's look at the hourly chart and see what awaits us in the short-term and medium-term perspectives for Dogecoin.
What do we see here? 🧐A channel has formed (since the end of February). And the price is confidently moving within this channel. It can be assumed, that in the near future, we may see the Doge price at the support of this channel at approximately the 0.16 mark.
Friends, how do you feel about Doge? Love it or hate it? Let's discuss in the comments!
Thanks for Your attention🫶
Always sincerely yours, Kateryna💙💛
BTC on the way down to $62 000?Hello, dear friends!😊 Many of Yo are wondering if the Bitcoin correction is over. In my opinion - no, the correction could be deeper!
⚡️BUT! This is not a reason for concern; on the contrary, the price will take a breather for further growth.🚀
People are panicking, saying "Should I sell?😱" If you're not a short-term trader, selling now doesn't make any sense. If you want to make a medium-term trade, you should be buying the entire correction, as this way you will average out your purchase price!
I think the price could drop all the way down to $62,400, and then we'll see how the price forms!💡
On today's chart, I provided an example of Bitcoin price behavior as various fractals, which often repeat!🔥
I would love to hear Your thoughts. 🫶How is Your trading going right now? What trades are You more interested in (short-term or medium-term)?
😊Let's get to know each other better! There are so many new faces, and we don't know each other at all :)
You can always ask me any question; I'm always happy to answer, whether it's trading-related or not.😉
Thanks for Your attention,🫶
Always sincerely with You, Kateryna💙💛
Bitcoin and Triple Top Pattern 💥Hi, friends!😊
A few days ago, Bitcoin's price action strongly resembled a double top, but today it looks more like a triple top. It sounds like a joke, but no, let's discuss what the triple top pattern is.🧐
Triple Top Pattern is a popular chart pattern used in technical analysis to identify potential trend reversals in financial markets. By the end, you will have a solid understanding of this chart pattern and be equipped to make informed trading decisions.
Spotting The Triple Top Pattern 🔺🔺🔺
Spotting the Triple Top Pattern requires carefully observing price action and chart patterns. Traders often use technical tools like trendlines, support, resistance levels, and oscillators to identify this pattern. The following steps outline a fundamental approach to spotting the Triple Top Pattern:
Identify an extended uptrend in the price chart.
Look for three consecutive peaks that are relatively equal in height and form a horizontal or slightly downward-sloping resistance level.
Confirm the pattern by observing two minor pullbacks between the peaks.
Analyze trading volume during the formation of the pattern. Decreasing volume can indicate a loss of buying interest.
Here are a few key points to keep in mind when trading this pattern:
Entry Strategy: Traders often wait for the price to break below the support level, confirming the pattern’s completion. This breakdown serves as a signal to enter short positions.
Stop-Loss Placement: Placing a stop-loss order above the resistance level can help limit potential losses if the pattern fails and the price rises.
Take-Profit Levels: Traders can set take-profit levels by measuring the pattern’s height and projecting it down from the breakout point. Additionally, support levels or previous swing lows can serve as potential targets.
In conclusion, the Triple Top Pattern is a powerful tool in technical analysis that helps identify potential trend reversals in financial markets. By understanding its definition, working mechanism, spotting techniques, and trading strategies, traders can gain an edge in their decision-making process. However, combining the Triple Top Pattern with other technical indicators and performing a thorough analysis before making trading decisions is essential. Always manage risk effectively and adapt your approach based on market conditions.
If You like what I do for You, support me with a 🚀 , subscribe to the channel, and stay with me!
Thanks for Your attention🙏
Always sincerely with You💙💛
Your Kateryna💋
ETH ❗️ Down Hello, Ethereum continues its decline as well! 📉 You can find short-term perspective levels on the chart!❗️
Also, take a look at the daily chart. Honestly, it's not very optimistic. I don't want to scare anyone, but if we fall below $3,000, we can expect a more significant correction!🤷🏽♀️
What do You say? 🧐How deep Ethereum can fall? Share Your thoughts with me in the comments.
Always sincerely yours, Kateryna💙💛
My analysis from yesterday went unnoticed, so don't hesitate, hit the 🚀 let more people see it!
BITCOIN: double TOP?🧐Hello, friends!😊 Today we talked about double tops and double bottoms. Let's try to apply a double top pattern on the Bitcoin chart!👍
🔺🔺Double tops tend to form when the price reaches a high within a current uptrend and then pulls back. It rallies again to the previous high area before stalling and pulling back, falling below the low of the previous pullback. The reason it's called a double top is because the price peaked at the same area twice and was unable to reach new highs, above previous resistance.
Once this popular reversal pattern is confirmed or complete, traders can place a short trade or exit their long positions, of course, once the price drops below the previous swing low.
🔸Target Areas: When determining a potential profit target area, we use the height of the pattern, minus the breakout price point.
⚡️ The most important thing to understand in the current situation is that we definitely need confirmation of the breakout point. Only after this can we place a short position.
If you haven't seen my educational post today, I'll attach the link below!👇
If You like what I do for You, support me with a 🚀 , subscribe to the channel, and stay with me!🫶
Thanks for Your attention🙏
Always sincerely with You💙💛
Your Kateryna💋
Ada has good potential in 2024🔥Hello, dear friends!☺️
🧐Today, I present to You my chart showcasing the promising potential of the ADA coin (from Cardano). As you all know, Cardano has its own cryptocurrency called ADA, which serves as the primary asset of the platform. They utilize the Proof of Stake (PoS) algorithm to ensure network security and support its decentralization.💻
⚡️It's essential to highlight that the Cardano project adheres to scientific methods in the development and implementation of its technologies, contributing to increased security and stability of the network.
Regarding the price movement of the ADA coin, let's take a look at the chart.👀
In December 2023, the price broke through the resistance line of a parallel channel that had been forming for almost a year (marked in red). The formation of this channel began after a prolonged sharp decline in price following the last bull run. I've labeled this parallel channel as the bottom on the chart!👇
💡It's safe to assume that in the coming months (medium-term perspective), we can expect the price of this coin to rise. By placing several buy orders (orange zone) to catch it at the optimal price, setting the marked levels for selling (take profits) at 0.9, 1.0, and 1.2, and keeping in mind the stop-loss level 🛑 - under 0.38, it could be a very profitable deal!🔥
🚀I believe the potential for this coin is quite good, but significant growth will require more time. So, let's add it to our checklist and keep an eye on it 😉
🧐What do You say, folks? How do You feel about ADA and the Cardano project itself? Do You have any experience trading this coin?
Thanks for Your attention, stay tuned! Subscribe not to miss out. 🫶
Always sincerely yours, Kateryna💋
Is there potential for Litecoin?🧐Hello, dear friends!🫶
The potential of Litecoin, like other cryptocurrencies, depends on various factors including market conditions, technological developments, global adoption, investor interest, and several other factors.
Litecoin, like other cryptocurrencies, may experience significant price fluctuations and volatility in the market.
Some investors and analysts see growth potential in Litecoin due to its fast transaction speed and low fees, making it an attractive means for quick and inexpensive fund transfers. However, like any investment asset, there are risks, and the success of Litecoin will depend on a wide range of factors, including market competition, technical innovations, and external economic factors.🤷🏼
After the last halving, the price surged from $40 to over $300. Note that Litecoin's price against Bitcoin has not risen since 2019, but its potential is no worse than many others that are experiencing significant pumps!🚀
I believe that by the end of this year or early next year, Litecoin will continue to grow. And if the price of Litecoin against Bitcoin also increases, the growth potential could be significant.⚡️
We will continue to monitor Litecoin's price movement, especially the wedge that has formed against Bitcoin! It's very interesting!
How do you feel about Litecoin? Do you prefer "quiet" coins or do you like to chase hype? I'd like to hear from You in the comments!
Thanks for Your attention, subscribe to stay connected!💙💛
Sincerely yours, Kateryna💋
Zilliqa 🚀 by RBHello! 😘Today let's take a look at the Zilliqa coin! There's still a chance to buy it "on the down low"! The chart looks quite promising!
The price has broken a multi-year downtrend and is confidently moving upwards! Currently, Zilliqa is experiencing a pullback, so it's a good time to buy a little!
What is ZIL coin?
Zilliqa is a cryptocurrency aimed at using sharding to solve scalability issues faced by many blockchains. Sharding is the process of dividing the mining network into smaller parts or shards that process transactions in parallel.
Remember, it's crucial not to buy coins that are already overbought! There's a significant risk of losing money! Be cautious and remember the age-old wisdom of the market: buy on rumors, sell on news!
Stay safe!🫶
Thanks for Your attention.
Always sincerely yours,
Kateryna💙💛
♻️ The cyclic nature of Bitcoin's price ♻️Hello, dear friends! Much has been said about Bitcoin cycles, and you've seen many charts, including mine! But today, I'll summarize everything that has been said before: briefly and clearly!So...
What Defines the Bitcoin Market Cycle?
The Bitcoin market cycle signifies the repetitive trend of price movements within the Bitcoin market, marked by alternating phases of appreciation and depreciation. These fluctuations stem from the perceptions and actions of market participants, involving buying and selling, and are influenced by various factors including market sentiment, regulatory shifts, technological advancements, and broader economic conditions.
Historically, Bitcoin has adhered to a four-year cycle closely tied to Bitcoin halving events, occurring roughly every four years. A halving event entails a 50% reduction in the Bitcoin reward miners receive for validating transactions; consequently, the rate of Bitcoin supply growth slows down. This often triggers a significant price surge, assuming the demand for Bitcoin either remains constant or increases post-halving. The upcoming halving is slated for April 2024, where the block reward will decrease to 3.125 bitcoins.
The chart below illustrates the cyclic nature of Bitcoin's price and its historical patterns.
What Constitutes the Phases of the Bitcoin Market Cycle?
Phase 1 – Accumulation
This phase emerges when prices are low, yet there are early indications of growth. It's a period where buyers accumulate Bitcoin at lower prices, representing a pinnacle of financial opportunity.
Typically, bearish sentiment prevails in the market, resulting in low trading volumes and prices fluctuating within a narrow range, often near the bottom.
Phase 2 – Continuation (growth)
During this phase, the price continues its ascent towards the all-time high. Historically, a halving event occurs here, coinciding with diminishing exchange reserves as buyers stockpile supply in anticipation of surging prices and new record highs.
Phase 3 – Parabolic (bubble)
As the price surpasses the previous all-time high, it begins to rise exponentially, leading to a new all-time high that significantly exceeds the previous peak. This phase is marked by extreme volatility, with rapid price spikes followed by substantial corrections.
Sell volume increases as some investors lock in profits, while others continue buying, believing the bull market has further potential. Consequently, price volatility diminishes as buying and selling volumes begin to balance, amid a backdrop of overconfidence. Many investors may perceive the Fear & Greed Index as signaling Extreme Greed during this phase.
Phase 4 – Correction (crash)
Following the euphoria of the Parabolic phase, the market undergoes a major downward correction. Previous bear market periods have witnessed approximately 80% drawdowns from the peak, with negative price movements lasting for roughly a year. For instance, the most recent downturn saw Bitcoin's price plummet from an all-time high of $69,000 (November 2021) to $15,476 (November 2022).
What maximum price of Bitcoin do you expect this or next year?
I hope you found it interesting. If yes, boost this post 🚀 so others can see it too, and subscribe to stay connected.
Always sincerely yours, Kateryna💙💛
BTC 2h chart by RB 💥 27/03Hello dear traders and investors! ✨
I hope your trading day is going well and bringing you only positive outcomes! Today, I want to share some interesting observations on 2h chart of BTC!
The price is at the top of the ascending channel near the resistance line! It's possible that the price will drop to the lower part of the channel at levels 67-68!
It's better to set entry points for long or short positions on breakouts! Currently, the chart looks ambiguous! It's better to wait for a clearer signal!
Remember, there are always opportunities in the market for those who are ready to analyze and make informed decisions. However, it's also important to remember proper risk management and maintain discipline in trading.
I'm always happy to share my thoughts and strategies with you, dear colleagues! If you have any questions or want to share your opinion, feel free to comment below.🫶
Don't forget to smash that 🚀 button and hit subscribe to stay updated! Remember to save this post so you don't miss out on any valuable insights. Let's grow together and navigate the markets successfully!
Wishing you a successful trading day and good luck in your trades! Until next time, guys!
Best regards,
Always sincerely yours, Kateryna
Bitcoin on 1d chart by RB💥Hello, dear friends! 💙💛Today, let's examine the daily Bitcoin chart together! We'll look at the behavior of the MACD indicator and forecast the next price action.
💥First of all, let's take a look at the inverted wedge that I drew earlier, the price is currently moving within this pattern. Many traders' opinions are divided: some believe that after a shallow correction, the price will continue to move upwards.🤷🏼
I still believe, as before, that the price may continue the correction and in the coming weeks may reach the levels of 55,000 - 52,000 (you can also review the previous chart).
I have also added the MACD indicator, which already has a crossover of two lines, indicating a change in trend!⚡️
🧐So it will be interesting in the coming weeks! In my opinion, a deeper correction opens up more opportunities!
What do you think? What can we expect in the near future?
Always sincerely yours, Kateryna🫶
Bitcoin on 1h chart by RB🔥Hello, dear friends! 🫶I'm so pleased to welcome You on my page! Bitcoin is currently undergoing a correction, so let's consider the options for how things will develop further!🧐
On the chart, You can see an upward channel - white color 🤍, the price exited it touching the level of $65,500 and then returned to the channel. This could mean two scenarios:
1️⃣ first - a fake breakout,
2️⃣ second - a signal for a deeper correction.
I believe that if the price exits the channel again, we can expect a decline to the levels of 65,500 - 64,000, and if these levels are sharply broken, then the drop will be to 59,400.
If You want to know my thoughts on this matter, then correction is natural and an excellent way for the price to take a breather, while we put levels for buying!
💡TIP: Keep an eye on the further price behavior in the channel, and make a decision to enter a trade only on a breakout of the channel!
Thanks for Your attention🫶
Always sincerely yours, Kateryna💙💛
LOKA/USD by RB
Greetings, dear crypto enthusiasts!🫶
I wanna draw your attention to the LOKA coin against the dollar! In my opinion, it looks very promising in the medium term!💥
Several wedges have been broken upwards, thus forming a huge wedge, which will soon finish its formation and will break out!
If you prefer to take risks, you can place several buy orders in the orange zone! If you want a safer deal, then wait for the breakout upwards and place buy orders there!
🧐What is your opinion on coins like LOKA?
I'm so interested in your opinion!
Thanks for your attention💋
Sincerely yours, Kateryna💙💛
Matic Network💥Hello friends! Have you heard about Matic?
💻 Matic Network, now known as Polygon, is a layer 2 scaling solution for Ethereum that aims to address the scalability and usability issues of the Ethereum blockchain. It enables faster and cheaper transactions by leveraging sidechains, plasma frameworks, and the Proof of Stake (PoS) consensus mechanism.
💡 The Matic Network coin (MATIC) is the native cryptocurrency of the Matic Network. It is used for various purposes within the network, including paying for transaction fees, participating in staking, and securing the network through consensus mechanisms.
🧰 Overall, Matic Network aims to improve the scalability, security, and user experience of decentralized applications (dApps) and Ethereum-based projects by providing a scalable and efficient platform for building and deploying them.
💰 now, I see a good opportunity for mid-term investment! It may have a decent price increase! You can find entry and take-profit levels on the chart!
Confess, which coins are currently in your portfolio? I would be happy to discuss a few of them, so write in the comments!📊
Thanks for Your attention🫶
Sincerely yours Kateryna💙💛
Bitcoin by RB, 1h chart 11/03 💥Hello, how are you? I hope everything is well with you and you're ready to discuss the new Bitcoin price chart with me!🫶
The price has sharply broken new highs and is confidently moving forward.🚀
If we draw several trend lines on the current pricing, we can see that since February, the price has been moving within a rising wedge! Do you see it too?😳
Technical analysis patterns don't always work out perfectly in the cryptocurrency world🤪, but assuming this is the pattern, a rise to $76,000 is possible, and then we'll need to watch closely, as a sharp price drop could occur (even a deep correction), it's important to monitor further pricing movements!
⚡️Tip: If you want to enter a trade, it's worth dividing your buying amount into several parts (for example, three) and placing them at different levels (for example, $70,000 - $71,000 - $72,000), so you can buy Bitcoin at a favorable price without chasing highs! Sale (profit taking) levels can be set using the same principle!
🛑Stop loss below $65,000 (or better yet, watch the pattern; if the price falls out of the wedge, the stop loss can be placed higher!)
I hope You found it interesting and informative!🫶
Looking forward to Your feedback
Subscribe to stay connected💋
Sincerely yours, Kateryna💙💛
WING/USD by RB💥
Hello, dear friends! Today, I'm introducing a very interesting token called WING!
If you're a fan of memecoins or hyped-up tokens, you're unlikely to find coins on my page that are at their peak!
I'm always looking for "quiet buys"! When a coin is being hyped up everywhere, and the whole Twitter is buzzing with "buy now!" - that's actually the best time to take profits. And if You don't have such coins, just say "thank goodness!"
What is Wing Finance cryptocurrency?
Wing Finance is a decentralized finance (DeFi) platform created by the team behind Ontology, supporting cross-chain interactions between different protocols. The Wing team has developed an innovative credit evaluation method aimed at supporting lending and enhancing transparency.
Regarding buying levels and profit-taking, You can find everything You need on the chart!👇
Remember, "Buy on rumors, sell on news."
Thanks for Your attention💙💛
Always sincerely yours, Kateryna