SAGAUSDT
$SAGA As you know, Ive been so bullish on accumulating great coins the previous quarters.
The Saga Token (SAGA) offers a distinct utility within the crypto ecosystem, driving innovation through its decentralized protocol and unique applications:
Chainlet Infrastructure: Saga enables users to launch dedicated "chainlets" tailored to specific applications. These customizable blockchain environments offer high scalability and flexibility, making it ideal for developers and enterprises
Seamless Multiverse Integration: SAGA is integral to the Saga Multiverse, supporting interoperability among different blockchain ecosystems. It fosters cross-chain connectivity, unlocking new use cases for decentralized applications (dApps).
Decentralized Incentives: The token powers an incentive mechanism that supports developers and validators, ensuring robust network participation and security.
Innovative Economic Model: With features like epoch-based pricing for chainlet deployment, SAGA emphasizes sustainable growth and efficient resource allocation.
Saga Token’s focus on scalability, interoperability, and developer empowerment positions it as a unique asset in the rapidly evolving blockchain space.
As per chart, Volume supports the downtrend for long time post airdrop. Only a matter of weeks if not days to send this to more than billies.
Ive been buying since 1.7-1.8. CEO shows promising developments by end of Q4 and Q1 2025.
betting on liquidity layer launch and TRIPLE AAA GAMES.
Maybe a bet against or together with BEAMX + RON!
Next unlock is by april 2025 so a run up is indeed is in waiting room!
SAGA Project Overview: BIG WHALE PLAY INCOMINGSAGA Project Overview
Recent Price Action
SAGA has faced a prolonged downtrend, breaking multiple support levels and hitting multi-month lows. Many investors, including our community members, hold SAGA tokens received from multiple airdrops, which are essentially "free" tokens but are currently undervalued.
Fundamental Developments
Indie Autumn: SAGA launched "Indie Autumn," a fall showcase focusing on indie talent within the gaming industry, using its proprietary Chainlet technology.
Vault Six Claims: Vault Six has recorded over 95,000 claims across different loyalty levels, showing active community participation and engagement.
Partnerships
dKloud Collaboration: SAGA’s partnership with dKloud aims to improve web3 scalability. This collaboration integrates dKloud’s deployment tools with SAGA’s Chainlets to facilitate the launch of application-specific blockchains.
Announcements
Vault Six Rewards: The distribution of Vault Six Saga tokens has begun, with further details available on Discord. SAGA also introduced Accident Forgiveness for users who missed a staking round, allowing them to maintain their loyalty status.
Vision and Innovations: CEO Becca Liao shared insights into SAGA’s vision, emphasizing the convergence of AI and crypto within its ecosystem. Additionally, the platform recently announced a new Liquidity Integration Layer (LiL) aimed at removing gas fees to improve user experience.
Social Media Engagement
Layer AI’s Activity: The team has maintained high engagement with regular tweets and Twitter Spaces, signaling active efforts to build and maintain a strong community.
SAGA Tokenomics and Vesting
SAGA’s vesting schedule shows no major upcoming unlocks, which is a positive indicator for short-term price stability. This suggests the recent downtrend may be due to market conditions rather than insider selling.
Get on Board: $SAGA Set to Take Off!It fired a strong weekly signal last week and is now retracing part of the expansion bar. I'm feeling confident about buying below $2, even down to $1.70.
The consolidation below the previous low and the subsequent reclaim of that level are very encouraging. I expect this one to outperform in Q4 once it forms a solid base above $2.
This is a relatively new launch, and it's the first time it's showing signs of a reversal.
Let’s hope CRYPTOCAP:BTC holds above $60K and that the crypto market maintains steady growth.
MY SHORT TERM TAKE ON SAGA/USDT PRICING
- Bias: Bullish
- Current Price Action:
- Saga has established a strong support at $0.8675, which has provided a solid foundation for its recent price movement.
- After breaking through a significant resistance level at $1.8603, Saga has returned to consolidate around this price, indicating the potential for further upward momentum.
- Market Structure:
- The consolidation at the previous resistance, now acting as support, is a healthy sign that the market is preparing for another move higher.
- This behavior, along with the confirmed breakout, shows strength in Saga's price action, potentially attracting more buyers.
- Catalysts:
- The ongoing Saga airdrop campaign is expected to increase demand for the token, which could act as a bullish catalyst, driving prices higher.
- Price Target:
- Based on the current market structure and bullish outlook, I anticipate Saga’s price to trend upwards towards the $4.8957 level, representing a potential significant gain if momentum continues.
This setup presents a favorable risk-to-reward opportunity for those who align with the bullish bias, particularly if Saga maintains its support at $1.8603 and benefits from its airdrop campaign.
good luch guys and always remenber to RISK WHAT YOU CAN AFFORD TO LOSE
SAGA ANALYSIS (update)🔮 #SAGA Analysis - Update 🚀🚀
💲 As we said earlier #SAGA performed the same. More than 175% done move done in #SAGA. Now we can see that there is a formation of Rounding Bottom Pattern in #SAGA and we can see a more retest before a pullback.
💸Current Price -- $2.8100
📈Target Price -- $3.5700
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAGA #Cryptocurrency #Breakout #DYOR
SAGA - Daily Bullish SignsBINANCE:SAGAUSDT coin is showing signs of a strong reversal on the daily chart, with bullish legs becoming stronger than the previous bearish ones. This suggests increasing buying pressure, and after a potential pullback, we could see more upward movement.
On the fundamental side, KRAKEN:SAGAUSD has been gaining traction since its mainnet launch in April 2024. It’s a unique Layer 1 protocol that allows developers to create dedicated chains, offering infinite scalability, interoperability, and cost-effective solutions. The project has already attracted around 350 projects, mostly in gaming, and has formed partnerships with key players like Polygon and Avalanche, which could drive its adoption further
Potential Bullish Breakout for SAGA/USDT: Cup and Handle PatternCup and Handle Pattern:
The pink curve outlines a "Cup" formation, which is a bullish reversal pattern. This is typically formed when there is a gradual rounded bottom, followed by a breakout to the upside.
The cup's depth is marked by a large percentage gain (272.58%), reflecting the potential move from the bottom of the cup to the breakout point (the green line at approximately $3.30).
Price Levels:
Current Price: Around $3.30.
Resistance Levels:
There’s a projected upward target of $6.5010, which aligns with the height of the cup pattern and indicates where the price might go following a successful breakout.
Support Level: The lower green line at $1.7944 shows a significant support area in case the price reverses downward.
Measured Moves:
The text "2.3628 (272.58%)" and "4.7561 (272.57%)" indicates that this chart predicts a possible price movement of around 272% from the breakout point if the cup-and-handle pattern plays out correctly. These values reflect the price movements from the bottom of the pattern to the top.
Blue Area:
The blue dashed line and area likely represent a possible consolidation zone or retracement (the "Handle" of the Cup and Handle pattern) before the price potentially continues upwards.
In summary, this chart suggests a bullish outlook for the SAGA/USDT pair, with a potential breakout from the cup-and-handle pattern leading to a significant price increase. However, the handle could form before the price reaches the predicted target of $6.50. Keep in mind that while this is a bullish technical setup, it’s important to manage risks and consider market conditions.
SAGA - LONG 4RSAGA - LONG 4R
Saga (SAGA) introduces a Layer 1 protocol focused on improving scalability and interoperability within the blockchain landscape. This article delves into essential questions surrounding Saga, including its features and purchasing options for SAGA coins, which will soon be available on Binance as the platform’s 51st Launchpool project.
Stop 6%
TP: 1-2-3-4R
ABC structure in #SAGA uptrendIn the green ABC structure, wave A's 1-5 structure has been completed, the green B correction has ended, and wave C appears to have started. For wave C to be fully confirmed, the blue wave 4 correction needs to bounce off the trendline and reach the 0.5 Fibonacci level. Then, as the price becomes cheaper, new demand is expected to form, driving it towards the 5th wave.
BUY SIGNAL: Saga Coin, Poised for Explosive Growth in 2024 As we head into 2024, Saga Coin is quickly emerging as one of the most promising players in the cryptocurrency space. Positioned at the intersection of cutting-edge blockchain technology and practical real-world utility, Saga is attracting attention from investors, developers, and enthusiasts alike.
BUY SIGNAL
comment below
Is SAGA About to Drop? Key Levels to Watch Now!Yello, Paradisers! Is #SAGAUSDT preparing for a potential downturn? Here's what we're eyeing right now.
💎#SAGA After a significant breakout from a critical resistance level, looks poised to revisit the demand zone at $2.21-$2.05. This retest would align with a bullish reversal, potentially pushing the price towards our target in the Bearish Order Block area.
💎However, if SAGA fails to bounce from the demand zone, we could see the price test the support level between $1.78-$1.88. This zone was previously a key resistance level, and a strong rebound from here is likely as the price has yet to retest this support following the recent breakout.
💎If SAGA doesn't rebound and the daily candle closes below $1.77, the bullish outlook will be invalidated, and the price may reverse back into a bearish trend, continuing its downward move.
Only the patient traders who stick to sound strategies will thrive. Discipline is key.
MyCryptoParadise
iFeel the success🌴
SAGA UPDATE (12H)This analysis is an update of the analysis you see in the "Related publications" section
The price seems to have ended up with a symmetrical one instead of a diametric one.
We are now in wave C of a bullish pattern.
The price has two TP ahead which we marked on the chart.
If the price reaches TP 2, it can be strongly rejected downwards
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SAGA ANALYSIS (4H)It seems that after the end of the first bearish diametric, we have entered another bullish diametric.
It seems we are now in wave E of the bullish diametric.
From the supply range, the price can be rejected downwards to complete the F wave.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SAGAUSDT.4HThe chart provided for SAGA/USDT on a 4-hour timeframe presents a detailed look at the price movement of Saga against Tether. Let's dive into the analysis based on the information provided in the chart:
Current Situation
Price Level: SAGA is currently trading at $1.4115.
Recent Price Action: The price has shown a mix of upward and downward movements, breaking through a descending trendline, which could signify a shift in momentum.
Support and Resistance Levels
Resistance Levels (R1 and R2):
R1: $1.5704
R2: $1.8404
Support Levels (S1 and S2):
S1: $1.1858
S2: $0.8590
Analysis and Conclusion
From my perspective, the recent breach of the descending trendline is significant. It suggests that the sellers are losing control and the buyers might be gaining strength, especially as the price approaches the resistance level at $1.5704.
Trading Strategy
Bullish Scenario: If SAGA continues its upward momentum and successfully breaks through the resistance at $1.5704, the next target could be $1.8404. It’s crucial to watch for sustained trading volume to support this breakout.
Bearish Scenario: Should SAGA fail to hold above the current support at $1.1858 and breaks below, it might test further lows towards $0.8590. This could indicate a resurgence of selling pressure or a lack of buyer confidence at higher price levels.
Final Thoughts
The market for SAGA shows potential for both continuation of the recent bullish breakout and retracement. As a trader or investor, closely monitoring the price action near these key levels will be essential. Implementing stop-losses just below support levels for long positions could help in managing potential downside risks. Always consider market sentiment and news that may affect SAGA’s price, and ensure that trading decisions align with overall investment strategies and risk tolerance.