#DAR 1D: Symmetrical Triangle – Pump Incoming?DAR is an Ethereum token powering the game Mines of Dalarnia. This play-to-earn game features mining, multiplayer battles, and resource collection. DAR tokens can be used to upgrade items, trade on the in-game NFT marketplace, and vote on platform development plans.
Currently, the asset is in a prolonged accumulation phase, with the price forming a symmetrical triangle pattern on volumes, which could indicate further growth. Assets like this, after such extended accumulations, often pump rapidly and unexpectedly. From current levels, there’s a potential for 50% to 500% gains without leverage—depending on luck.
DYOR.
Spot
#ANKR 1D: Potential 2x-5x Move. 11/27/24Ankr leverages shared resources to provide simple and affordable blockchain node hosting solutions. Founded in November 2017, it has developed a marketplace for container-based cloud services by utilizing shared resources.
The project currently has a market capitalization of about $400 million. All tokens are already in circulation with no further issuance planned, signaling potential for future growth.
I will be accumulating from current levels and adding 2-3 pending orders down to $0.03350 (if it even gets there, which I personally doubt). Targets are indicated on the chart. Potential movement ranges from 2x to 5x from current levels.
#WIF 1D. Ready to Jump? 11/25/24Among meme coins, #WIF is currently the most appealing. It's worth considering building a spot position and opening a swing trade in the $3.2 - $2.8 range (support level).
The support level is a price range where an asset has historically not fallen below and is expected to bounce back upward.
Personally, I look for opportunities to open positions when the market is volatile or after significant moves that could impact an asset's price in the future. But if you're trading (entering positions or buying on spot) only when everything is pumping, then panic-selling on every dip and/or being afraid to buy or enter trades—well, I pity you. You'll never make money this way. Trading is not for you! Quit this right now!
The nearest target for #WIF is $4.304, and we will absolutely reach it!
Spotify (SPOT) Shares Hover Near All-Time HighSpotify (SPOT) Shares Hover Near All-Time High
According to the Spotify (SPOT) chart:
→ The stock price has risen by over 150% since the start of 2024.
→ It has formed an ascending channel (marked in blue).
→ Growth accelerated in November, surpassing the $400 level and climbing to around $470.
The large bullish gap on 13 November followed the release of a Q3 earnings report, which fell short of expectations: earnings per share were 14% below forecast, and gross revenue was 1% lower than anticipated.
However, the market reacted enthusiastically to the company’s plans to launch a “Super-Premium” tier, offering Hi-Fi music streaming and other innovations, including features related to video.
Spotify first announced its intention to introduce a higher-end Premium subscription with features like lossless, CD-quality audio several years ago, but licensing issues delayed the rollout.
According to TechCrunch, the new tier is expected to cost approximately $17–$18 per month, about $5 more than the current Premium subscription. Investors appear optimistic about potential revenue growth, driving SPOT's stock price to a historic high of $470.
Technical Analysis of SPOT
Daily chart indicators suggest the stock might be overbought:
→ The RSI indicator is above 70.
→ The price is near the upper boundary of the ascending channel.
Meanwhile, TipRanks analysts forecast an average target price for SPOT at $477 over the next 12 months.
This suggests that while SPOT has experienced remarkable growth in 2024, its upward momentum may be nearing exhaustion.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
#BTC 1D: Correction Phase – Key Buy Levels Marked!The correction I previously warned about has occurred.
After a strong rally, the asset's price has stabilized and is now fluctuating within a narrow range (sideways movement), which is a natural correction phase.
Most of the trading volume for #BTC is concentrated around $89,216, a key support level where buyers may step in to sustain the price.
In the short term, I expect the price to continue moving sideways, with potential bounces or reactions primarily around $89,216—a critical support level.
For those trading on the spot (or futures?) market, I suggest considering buying or averaging positions at $89,200, $85,304, and $81,216.
DYOR.
#ADA 1W. Will Trump Boost the Price? 11/25/24Rumor has it that one of the ADA team members is friends with Trump, who has already discussed the integration of cryptocurrency into broader development processes. This could, in turn, influence the price of #ADA.
An entry into the position can be considered with 3 limit orders: 15-40% from the current level and 2 more pending orders. Exiting the position will also be done with 3 limit orders. Once the first take profit is hit, I’ll move the stop-loss to the entry point. Wishing everyone profits!
#ADA. THIS COIN WAS BUILT TO PUMP! ANALYSIS FROM 11/19/24Previously, the price formed an ascending parallel channel pattern, which worked out perfectly. After breaking out of the structure (correction) at the $0.3532 - $0.3112 level, a buyer stepped in, allowing the price to recover and the upward movement to continue.
Buying is possible from the current levels if you're not afraid of potential drawdowns. For a more conservative entry, you can consider the $0.7000 - $0.6600 range. My personal targets from the current levels are:
$0.8180
$0.8800
$0.9800
A stop-loss can be placed at the $0.5800 level. The coin is currently in accumulation, and during this accumulation phase, I expect it to "fuel up" completely, allowing for a strong takeoff and sustained time "in the rocket."
DYOR.
#NOT 4H. Symmetrical triangle and potential for growth. 11/20/24Looks solid. At the moment, the price has formed a "symmetrical triangle" pattern.
I expect a bit more sideways movement, followed by a breakout and an upward move. I believe the launch of new tap-to-earn tokens in November will drive growth across the entire Ton ecosystem.
From the current levels, I anticipate at least a 50% increase without leverage. You already know the mid-term targets for Notcoin. Well, these are my targets and my opinion—it's up to you to decide what to do with these thoughts.
#BTC 1D. Probable Correction. 11/23/24The current #BTC price is too high compared to market indicators, and there is a likelihood of a near-term decline. This often happens when Bitcoin reaches new highs, but these movements are not supported by genuine market strength and are instead artificially created to attract liquidity, which is later taken away by manipulators.
It’s possible that Bitcoin won’t reach $100,000 (I personally don’t consider this scenario, let me clarify right away), despite the current growth. This could be due to manipulations by major players who won’t allow the price to rise to this level. However, this seems too obvious, so it’s unlikely. Don’t get your hopes up for a sharp decline.
Personally, I believe Bitcoin won’t experience significant drops (corrections) in the near future but will instead continue moving steadily, avoiding sharp downward movements. In my humble opinion, Bitcoin’s upward trend will persist, but the price will fluctuate within a prolonged sideways range (as we saw this past summer). Ideally, we’d see a consolidation before the next significant growth.
During this sideways phase, funds are likely to flow into other cryptocurrencies (altcoins), which have shown significant percentage gains in the past two weeks. However, Bitcoin's dominance in the overall cryptocurrency market capitalization remains high and hasn’t decreased, which currently prevents altcoins from achieving substantial growth. Once dominance drops, we’ll see significant growth across all cryptocurrencies.
Taking this opportunity, I want to remind you once again that the current cryptocurrency market represents a unique moment that may never return. I urge you to stay informed about ongoing events to ensure you don’t miss out on this chance.
In other words, I’m warning that Bitcoin might not show sharp growth in the current market, but significant movement is expected in altcoins. Pay close attention to this trend, and I’ll help guide you through it!
#SHIB 1H. Rising triangle and speculation. 11/22/24
The price has formed an ascending triangle pattern, managed to reach the support level (duringa local correction), and quickly bounced back. Considering these and other factors, I’m looking at this as a potential opportunity for speculation, anticipating further upward movement.
As for you, I recommend entering a position at your own discretion—the decision is yours!
The extreme target is $0.00003042
#1INCH. ROCKET LAUNCH COMING SOON! 11/22/24A super interesting asset both locally and on a more global scale.
Descending trendline + accumulation structure. Exiting accumulation usually happens with an upward breakout + we’ve reached a strong support level, from which a bounce is to be expected. In any case, at the moment, this is an ideal price for spot buying. Added more to my spot position.
Targets:
Short-term: $0.6–$1
Mid-term: $3
Long-term (bull market): $10
TradeCityPro | XAIUSDT - Buying Opportunity for a New Coin👋 Welcome to the TradeCityPro channel! Let's dive into XAI and analyze its technical structure, entry points, and potential scenarios.
🌍 Bitcoin’s Impact on Altcoins
Bitcoin has set another new high since yesterday, attracting global attention.
Its dominance in the global financial system now surpasses major banks like JPMorgan Chase, Bank of America, and ICBC China.
However, Bitcoin's dominance has started to decline on lower timeframes, creating opportunities for altcoins to rise, as mentioned in our previous analysis.
🕒 Weekly Timeframe Analysis
XAI has retraced nearly 90% from its ATH, typical for newly listed coins. These large corrections often result in the formation of accumulation boxes, where the price consolidates for an extended period.
With the current weekly candle nearing a breakout from the accumulation zone, there’s potential for an uptrend to begin. If this breakout fails, a stop-loss near 0.1680 can minimize losses.
Buy if the weekly candle closes above the current range , Set a stop-loss at 0.1680 for better risk management , Utilize XAI in DeFi platforms after a breakout for additional yield opportunities.
📆 Daily Timeframe Analysis
XAI remains range-bound between 0.1699 and 0.2583, showing clear signs of accumulation.
Higher lows indicate buying strength and the absence of strong sellers.
Each test of resistance (0.2583) is accompanied by increased volume, signaling interest from buyers.
After breaking 0.2583, consider a spot buy with a stop-loss at 0.2142 for a riskier but calculated entry.
⏱ 4-Hour Timeframe Analysis
sharp upward move has brought the price close to 0.2497, where immediate resistance lies.
📈 Long Position:
Buy after a confirmed breakout above 0.2497.
Watch for RSI to enter the overbought zone, as this often precedes sharp upward moves.
📉 Short Position:
Avoid shorting. Instead, wait for corrections and look for long opportunities at lower entry points near 0.2102.
🔄 XAI/Bitcoin Pair Analysis
The XAI/BTC pair shows a downtrend but with significant weakening momentum in recent times.
On lower timeframes, the pair may begin a new uptrend, which could result in faster and sharper moves in the XAI/USDT chart.
Break and confirm above 0.00000299 on the XAI/BTC chart to signal a stronger bullish move.
📝 Final Thoughts
XAI is showing promising signs of an impending breakout on multiple timeframes. Monitor key levels closely and manage risk with appropriate stop-loss settings.
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
#SNX. Great entry point and upside potential. 11/21/24Synthetix Network Token (SNX) is an Ethereum-based token powering the decentralized protocol for issuing synthetic assets, Synthetix.
Synthetic assets are created when SNX token holders provide them as collateral using Mintr, a decentralized application for interacting with Synthetix contracts.
Currently, the protocol supports synthetic fiat currencies, cryptocurrencies, and commodities.
The situation is similar to #DYDX. The token is in a sideways trend and near the lower boundary. Buying at current levels up to $1.22 is a reasonable idea for spot trading. The nearest target is $3.144. On spot, you can easily achieve at least a 2x return.
#BTC 2H. Ascending triangle & trend continuation. 11/19/24Earlier, the price formed an "ascending triangle" pattern—a continuation pattern that occurs when the price gradually forms a series of higher lows while the upper boundary (resistance) remains flat or slightly rising. This signals a narrowing range and potential further growth. And I warned you about this in advance! (By the way, which of your traders describes patterns this thoroughly?). But that’s not the point now.
According to technical analysis theory, if the price breaks out of the ascending triangle pattern, its movement usually matches the height of the pattern, measured from the base to the peak. If we follow the idea that the movement after the breakout equals the pattern's height, Bitcoin’s price could reach the $100,000 level. And honestly, why not?
At the same time, earlier this week, the market was in a "bullish" trend, meaning prices were rising. By the close of trading on the CME exchange on Friday, the price was around ~$92,000. I assume this price will become an important reference point (including a support level) that the price will aim for in the near future.
#DYDX 4H. X2 Potential. 11/21/24The coin is in a sideways trend and near the lower boundary. If not now, then when to enter a position? Personally, I can’t give advice, as the best opportunity was yesterday, and the second-best opportunity is today.
From the current levels to $0.9, it’s quite reasonable to accumulate on spot. The nearest target is $1.8. You can easily take at least 2x on spot.
AVAX on the verge of a big move🔍 AVAX has recently completed a 3-wave correction and is currently in wave C. Waves A and B are finished, and now we're approaching the critical $30 level. This area is significant, both technically as a strong support level and because it's aligned with the neckline of the inverse head and shoulders pattern.
🔄 The neckline often acts as a potential pullback zone after being broken, and this pullback could occur around $30, creating an ideal entry point. If the price reaches this level, we could see a powerful upward move starting.
📈 If this pump happens, we can expect wave 3 to kick off, which will likely be a strong and bullish move. For those looking for solid entry opportunities, this could be a very attractive level to watch.
⚡ Always be mindful of market fluctuations and indicator signals. Overall, the $30 level could be a turning point, initiating a major bullish trend. Don’t miss out on this opportunity!
#DOGE 1H. Sideways movement and potential entry point. 11/20/24Elon Musk continues to actively support and promote this cryptocurrency, mentioning it in various contexts (e.g., tweets, interviews, news, etc.), which can influence the coin's price.
After a sharp price increase (a strong impulse), I expect its value to stabilize and remain at the same level for some time (sideways movement, as we see now).
Personally, I will wait for the right moment to open a long position around $0.322, which is considered a key entry zone due to its high-volume level (many pending orders, strong buyer presence).
#SOL 4H. Road to $300. Analysis from 11/19/24For Solana, I'm expecting continued growth through intermediate flat corrections.
At the moment, I anticipate the price will continue its upward movement and reach higher levels. My nearest targets (including spot):
1 - $260
2 - $300
3 - $350
4 - $400
Growth of Solana = growth of its ecosystem.
#BNB 1H. Good resistance zoneAt the moment, the asset is in accumulation (sideways movement), where the price reacts to the support level each time. I expect a similar movement this time as well.
Locally, #BNB looks set to continue its growth, just like other altcoins, so personally, I continue to work from the buy side. I’ve illustrated the setup on the chart.
#NFP. Win big or feel the pain! Analysis from 11/19/24Currently, the coin is in a sideways trend, where asset distribution is taking place. A breakout above the resistance level will indicate buyer strength and the potential for further growth. Exiting such accumulation zones, especially in this market, will most likely result in an upward impulse, so it makes sense to try and catch this movement.
However, if the $0.2350 level is lost, we will most likely head straight for a support test, after which we will have a clearer understanding of where the price is likely to move next (probably working from sales rather than purchases, as we are doing now).
DYOR.
SPOT Spotify Technology Options Ahead of EarningsIf you haven`t entered SPOT in the potential Buy area:
Now analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 420usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $20.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
WAGYUSWAP Technical Analysis & Trading Plan by Blaž FabjanWAGYUSWAP Cryptocurrency Technical Analysis & Trading Plan
WAGYUSWAP is currently at a very low market cap, presenting an exceptional opportunity for investors. As the primary exchange for the Velas ecosystem, it holds significant promise. Velas is undergoing a transformative fork from Solana, which will bring vast improvements to its blockchain. When the fork is completed and fully developed, the price of WAGYUSWAP is expected to skyrocket, potentially creating significant returns for those who invest now. This is a rare opportunity to position yourself for massive gains. Not a financial advice :)
Technical Overview
The chart above shows the price action of WAGYUSWAP paired with Tether (WAGYUSDT) in a 4-hour time frame. Currently, the cryptocurrency is showing a strong ascending trading channel, indicating an ongoing bullish trend.
Key Indicators:
Volume Analysis: The volume indicator shows increasing buying activity, which is a strong sign that the market is gaining momentum. Currently, the volume is 69.194K, which is healthy and showing interest in the coin.
RSI (Relative Strength Index): The RSI is currently at 66.94, which is just below the overbought zone. This suggests that while the market is in bullish territory, there is still room for upward movement before it reaches the overbought condition. This is a good sign for further upside potential.
Stochastic Oscillator: The Stochastic indicator is sitting at 67.93, indicating a potential continuation of the uptrend. A reading above 60 often signals a strong bullish trend, further confirming the current bullish sentiment.
Money Flow Index (MFI): The MFI is currently at 36, which is low but shows the potential for a reversal into positive territory. This suggests that the market is likely to see inflows, further confirming the buying interest in the cryptocurrency.
VMC Cipher B Divergence: This indicator is showing some promising signs of continued upward movement. The green dots indicate bullish divergences, which suggest that buying pressure is building and could result in higher prices.
Price Action and Trend:
The price is moving in a well-defined ascending trading channel, with a breakout likely imminent. The market has just tested the lower boundary of this channel, which is the perfect accumulation point for investors who wish to enter before the price surges.
The key support levels lie at 0.0006005 and 0.0013976, with the upper boundary marked by the blue line indicating the potential for price targets as high as 0.0015419. A breakout above this level could see significant movement to the upside.
Trading Plan
Entry Strategy:
Now on spot trading and wait until there is a good opportunity to take gains out. Simple as that!
Timing:
The breakout is imminent, as indicated by the chart's technical structure. This is a time-sensitive opportunity, so ensure you are ready to act as the market shows signs of upward movement.
Time to invest is NOW before the price takes off due to the strong bullish momentum and the upcoming developments in the Velas ecosystem.
Conclusion
The current price of WAGYUSWAP is a golden opportunity for investors. With the development of the Velas fork for Solana, the potential for massive upside is clear. The price action shows bullish momentum, and the technical indicators suggest a strong continuation of the trend.
Anticipating Short-Term Prospects: What's on the Horizon?Kaspa indicates a bearish bias, particularly with the potential for further downside if the reverse cup and handle formation plays out. However, there is a possible bounce scenario near the key support around $0.125, which aligns with a long-term ascending trend line. If buying pressure increases, the price could see a bounce from this area, potentially targeting the $0.146 to $0.160 resistance levels.
The 20 EMA (red) is currently below the 200 moving average (purple), indicating continued bearish momentum. The price has recently rejected the 200MA, suggesting that this moving average will be a key resistance level on any bounce. Breaking above the 200MA at $0.146 would be critical for signaling a potential shift in momentum to the upside.
The BB Power indicator shows stronger selling pressure than buying pressure, reflecting ongoing bearish sentiment. This adds weight to the downside risk, though a bounce remains possible if the price holds support at $0.125 and selling pressure weakens.
Additionally, it’s important to keep a close watch on Kaspa since it seems volatile at the moment. Don't doubt the signs but hope for the best for a continuation in the upward trend.
Support - $0.125
Resistance - $0.180
Fear and Greed Index (Binance) - 72 Greed
