Spot
ETHUSDT.P ETH is now testing the 50 Day MA.
Is under resistance and above 200 Day MA.
What will happen next ?
1. Hold 50 D MA and flip resistance to go higher ?
2. Lose 50 D MA and find support at 200 D MA ?
3. Chop-chop for some time ?
We will find out eventually
Take care
Live to trade another day
Is the Grimace a new potential gem?Hello, traders!
Today I'd like to talk about Grimas coin
This is a P2E project with a very active audience.
Reasons why it should grow?
The creator will not launch futures trading at the moment, as we know that futures lead to a drop in organic liquidity and more manipulation in the market due to leverage.
He is constantly working on marketing, it has already happened that Mcdonalds itself is PR'ing Grimas and this is to his advantage.
The marketing campaign has organized a fund to help underprivileged people, which is very good for social proof.
It is also being PR'd by bloggers who are known in political circles. Who knows how this will impact further - time will tell. I would not like to say that the government has no impact on cryptocurrency, however, the cryptocurrency world is now closely tied to it.
What about the technical parameters?
We have a very long consolidation and a spike in volume to buy, there is a resistance zone around 7.4.
Under current realities, once the number of limit sell orders falls near the upper boundary, then this coin will rise in its price.
What do you think about Grimas? What coins are you currently considering trading on the spot market?
$BTC losing steam intraday & dailyCRYPTOCAP:BTC is losing steam, fast
Closed bunch of positions as yesterday #BTC showed weakness. This continues today.
The 4Hr is about to bear crossover, something it hasn't done since trading above June 16th.
The 1Hr chart is severely oversold so we could get a small bounce here before we continue to rollover a bit.
What about bitcoin VOLUME?
(Sorry cannot show 1Minute here. Pls see profile for more info)
That CRYPTOCAP:BTC drop on 6/30 bugged me (outside day) a bit.
There was heavy SELLS
BUT
Only decent to so-so BUYS.
However, the conviction that was there this whole ride up is now LACKING.
Just for giggles...
Spot #BTC already breaking down...
But if you want the proper price action, Futures #bitcoin facing support around 30230.
SFPBUSD - Make or Break Triangle Pattern about to burstI've been following this asset since March '22 and it followed the downtrend pretty strongly until it entered into a massive ranging mode. Even though the whole market was moving a lot, this coin continued to play under this strong range.
Right now, I've managed to see a triangle formation which I believe it's crucial to identify which way price might go next. We either get a breakdown which signifies a downtrend continuation or we continue to play in the range and it's time the bulls take over temporarily.
If we get a breakdown this would be potential profit target zone:
0.2579 - 0.2899
Since it's a ranging market it could just go either way and could be hard to predict. Manage risk accordingly. Happy Trading! ♥
🔥 Why A Bitcoin ETF Is Hyper Bullish: See Gold!There's been a lot of bullish news recently surrounding a potential Bitcoin ETF. This ETF has been filed by both Blackrock and Fidelty.
The potential approval of a Bitcoin spot exchange-traded fund (ETF) has the crypto community buzzing with excitement. A Bitcoin spot ETF could be a game-changer, fueling bullish momentum across the entire crypto market.
A Bitcoin spot ETF would simplify the investment process, making Bitcoin more accessible to a broader range of investors. It would eliminate barriers like complex wallets and security concerns, attracting retail and institutional players and driving increased adoption.
In order to determine the potential effects on the markets, we can take a look at a more recent approval of a commodity ETF: Gold.
As seen on the chart, Gold saw a massive ~310% gain over the span of 6.5 years once the ETF had been approved. It's hard to determine whether BTC will experience a similar growth path, but I think it's quite safe to assume that it's 100% bullish if more people can easily invest in this asset.
$BTCUSDT much FUD, bear flag, small bullish divergence, set trapBitcoin price painted a bear flag; 4h. There is small bullish divergence here...could be a dead cat bounce. There is much FUD. Spot trading only.
Call limit order filled: 24826.00
Fractal target_1: 25370.67
Fractal target_2: 25620.00
Stop: 24481.82
glta
XAUUSD as we see gold this week trades are facilitating VL, reject from 1965,1958, we see price is fading way below absorption buyers lifting the price higher below 1940 , after buyers are initiative push the price higher after reject from 1957 create new key levels, a zone price all the way to trade location 1944 know buyers are pushing higher creating new order flow.
EOSUSDT ready to 🚀🚀#EOSUSDT
RSI showing bullish EMAs showing a bullish move MACD is showing bullish Ichimoku cloud is neutral ZELMA is showing uptrend-move Accumulation distribution is neutral Fib retracement is showing bullish
we are in over sold area in daily chart time-frame and we have powerful support zone i expect the price will fly to the target at the chart buy and hold it to the next targets at the chart
SPOTIFY BEARISH SETUP ( SHORT TERM )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
NEOUSDT 89.48% ✅🚀#NEOUSDT
we published and shared this idea with you in our profile here as you can check the previous analysis for #NEOUSDT
and this analysis gave really good and massive profits
Target 3️⃣ : done✅
Entry price: 8.37$✅
Price reached :15.86$ ✅
Profit: 89.48% ✅🚀🚀🤑
Thank you, and for more ideas, hit "Like" and "Follow"!
You may also TELL ME in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
RLinda ! ADAUSDT-> Moving averages support the priceCARDANO acquires for itself support in the tandem of moving averages. Ahead of the price has an obstacle, to which it seeks. What's next? Will the price reach 0.5500?
So, after the active rise of the market capitalization, the coin strengthens and breaks through the resistance area between MA-50 and MA-200 and forms a consolidation above these lines, which play the role of support at the moment.
The coin seeks to change the local trend. Re-test of the resistance area is forming (liquidity area and descending resistance line).
In case of breakout of the lines, the coin may show active course towards 0.5500.
I expect a breakout of the resistance area in the near future, it seems that the cryptocurrency market rate is stepped up in the direction of capitalization increase and strengthening of positions. Therefore I choose the resistance area 0.4500 and 0.5500 as a medium-term target, liquidity area 0.7000 as a long-term target.
Sincerely R. Linda!
RUBIC- My Spot Trade this weekRUBIC is a token i have done research on in 3 different occasions. In all 3 times it barely just missed a place in my spot allocation.
Today is the time I am buying in.
WHY?
1. Chart: I am expecting that consolidation is maturing and it could be time to gte on this baby. Not early but at the PERFECT time!
x2.5 x7.5 and x14 are reasonable.
Even with a Fully Diluted Market Cap at 20 mil x14 is not hard for a crypto project to achieve. I mean real crypto projects with a scope and a good team!
2. The Rodamap:
First of we look at the Roadmap. Frokm now until the end of the year they have so much going on. For me this is the perfect time to join.
3. The Project/scope/purpose
In few words the summary of my analysis:
Rubic older smart contracts were audited by Certik
Rubic Staking contract was audited by FairyProof
You get up to 50% of the fees coming through the SDK.
The ability to integrate Rubic's solutions according to the individual requirements of the partner
The Rubic SDK offers On-Chain and Cross-Chain swaps at the best-possible rates on any platform
The opportunity to receive up to 50% of the income from Rubic’s fees
0 protocol fees on swaps for the holders of 5000+ RBC
SDK of partners' airdrops to RBC holders
Customize and monetize the cross-chain UI & UX on your fronted
Easy and fast: Integration takes around 10 minutes
Auto-refund function
No transaction limits
I Like!!!
One Love,
The FXPROFESSOR