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Tothemoon

Could We Be on the Verge of Another Altcoin Bull Run?Traders, Quick update. I'm am seeing some interesting new price action on the alt charts that has not been observed for quite some time (over a year and a half). This new price action has me growing more and more bullish alts and has me questioning, "Could we be on the verge of a new altcoin bull market"? For now, this remains to be seen, but if what I am seeing can be confirmed, I think the answer for me will be a resounding "YES"! Let's take a look together.
Long
by stewdamus
Going Long Matic here to 90 Cents PlusThis looks to be good support here for Matic. I have waited patiently for entry and .74 cents looks to be as good as any with all SMAs (50,100,200 day) on the underside for support along with a significant level. Also, RSI has reached support in conjuction with the pullback here. I will be taking profits along the way and expect to be out 75% by the time we reach .95 cents, dragging my stops up along the way to ensure the trade is all profit. I expect to let the remaining 25% ride after hitting .95 cents in hopes that it may jump up and above that ascending TL which would be uber bullish for this coin. Entry - .7424 Target - about .95 SL - currently .60 (my stops are very loose) RRR - 1.5 (better with tighter SLs of course) This is not fin advice. I show you the way I trade for your education and entertainment only. Stewdamus
COINBASE:MATICUSDLong
by stewdamus
1
Bitcoin technical analysis _ 2023-10-26 Long position After breaking the resistance at the price of 24851 Entry 35170 The loss limit is 34,200 Risk Free 36145 Saving profit 37110 Profit limit 37645 ----------------------------------------------------- Short position After breaking the upcoming support and breaking the short-term uptrend line and also after breaking the important support at the price of 33645 Entry 33355 The loss limit is 34,200 Risk Free 32512 Profit limit is 31600
by Mohammad_Ak2310
Bitcoin Target Nailed for Long-Standing Inverse Head & ShouldersTraders, Since June of last year, we have watched the start of our inverse head and shoulders pattern begin to form and then complete in March of this year, at which time we broke above our neckline (purple) and began to take aim at our target of 35-37k. Unfortunately, Bitcoin then became rangebound. Today that range was broken. And technically, we can say that our target has finally been met. Though Bitcoin may still have some steam in the tank, it must hold above 31,600 tonight and tomorrow for me to be a believer. Should we break back down below 31,600 all bets are off. We can call this pattern complete and look for the next. Don't forget that we still have that gap on the Bitcoin CME futures chart sitting somewhere around 20k. Many don't believe we can still hit that, especially with halving t-6 months out, but I am not one of those. Anything is still possible. And now that we have hit that inverse head and shoulders target, it is critical we remain above 31,600 or else the bears will take control again. Stay tuned here as we watch this closely. Best, Stew
INDEX:BTCUSD
by stewdamus
Trading Fake Breakouts ! Real ETH Move UP The Art of Trading Fake Breakouts: Fake breakouts occur when an asset's price appears to break a significant support or resistance level, only to quickly reverse in the opposite direction. They can be frustrating but are also opportunities in disguise. Ethereum's Triangle Pattern: As of late, Ethereum has been forming a triangle pattern, a classic setup in technical analysis. Typically, traders expect a breakout from this pattern to signify a strong directional move. However, here's where the twist comes in. I'm keeping an eye on a potential fake breakout scenario where Ethereum might appear to break below the lower boundary of the triangle. This could trigger panic selling among some traders, leading to a sharp dip. The Real Growth Opportunity: Now, here's the interesting part. This fake breakdown could be a prelude to a genuine price surge. After shaking out the weak hands, Ethereum might reverse course and embark on a true upward journey. Trading Strategy: Patience: Don't rush to trade the initial breakdown. Wait for confirmation that the move is genuine. Confirmation: Look for clear signs of a reversal, such as strong buying volume and price action back above the triangle's lower boundary. Risk Management: Always employ risk management strategies, like stop-loss orders, to protect your capital. Research: Stay informed about Ethereum's fundamentals and any relevant news that could impact its price. Remember, trading fake breakouts requires keen observation and a calm demeanor. It's about navigating market psychology and seizing the opportunities that arise from the panic of others. So, stay vigilant, be patient, and keep an eye out for the twist in Ethereum's tale. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
INDEX:ETHUSDLong
by AlexWhale
$GRIMACE: for those who skipped DOGE, SHIB, PEPE and other memesHi everyone! Starting Reposting my first TV idea (and probably the last one because this trade has lifechange potential). The first edition of it was removed because I put a link in it. The idea has become clearer tho. Please, welcome our dear BRO $Grimace 💜 🧐 CEO of the project is Odyssey, CIS crypto influencer and good guy, and the creation story comes from the tweets by Elon Musk and mcDonalds on Twitter . We all know Musk as a fan of pumping something, but at that moment there were no Grimacecoin. But there is now 😏 📈 Let`s look at the chart. From the beginning of August, we have wide consolidation phase in which support level of $23 was succesfully tested multiple times. Now support level is $25.8 where the biggest volume profile is (after long accumulation below $5). 📈 Now a pattern is being formed to continue the trend. In my opinion, the technical picture is beautiful: new accumulation is forming before breaking previous ATH. The rising trend is strong and crisp. And look at this growing volume – the sign of rising interest and an upcoming move. Also think this way: If any crypto like ETH, XRP or fkn FLOKI would have such a chart, how easy would it be to go long? 😏 *btw, Grimace is +1.5% while all crypto market is red. Something to consider? 🎯 Where are my targets? Because we are trading for not so long and near all-time highs, targets can only be set using the Fibonacci extension grid. According to it, the nearest targets from the current $25 are 40/54 (+45%/+97%). The next Fibo targets are 75/105/120, and CEO Odyssey sets his minimum target at $1 billion capitalization, which equals $1,000 per coin. But for now Im modest, and such goals did not fit on the screen 😏 🤔 I would also like to note that such meme-coins do not go after bitcoin (the bitcoin has a risk of a slight correction following the American indices). By the way, about similar meme-coins: at the peak, the capitalization of BINANCE:PEPEUSDT , meme-coins with signs of a scam (the contract parameters included the possibility of arbitrary blocking of wallets objectionable to the developer) reached $1.5 billion, and the growth was hundreds of thousands of percent (not to mention BINANCE:DOGEUSDT or BINANCE:SHIBUSDT , capped at $70 billion and $35 billion respectively). The capitalization of Grimace, coins with clean contract parameters, a lamp community and even a history of creation thanks to Musk and mcDonalds - so far $ 25 million. If this is not an underestimation, then what is an underestimation? See you at $1000 for 1 Grimace 💜
GLong
by exanto69
4
Decoding Bitcoin Cycles ₿Understanding these cycles is crucial for traders and investors to make informed decisions and navigate the ever-changing landscape of the crypto market. In this article, we delve into the three main phases of Bitcoin cycles: the Bull Run, the Bear Market, and the Pre-Bull Phase. Bull Run: 🐂🚀 The Bull Run is a phase characterized by a sustained and significant uptrend in Bitcoin's price. During this phase, the market sentiment is overwhelmingly positive, and investors are eager to buy and hold Bitcoin. Key characteristics of the Bull Run phase include: Price Surge: Bitcoin's price experiences substantial and rapid growth, often reaching new all-time highs. FOMO (Fear of Missing Out): Increased media coverage and hype lead to FOMO, with more retail investors entering the market. Market Exuberance: Positive sentiment fuels a sense of euphoria among market participants, resulting in a buying frenzy. High Trading Volume: Increased trading activity and high trading volumes are common during Bull Runs. Altcoin Rally: Alongside Bitcoin, many altcoins also experience price appreciation. Bear Market: 🐻📉 The Bear Market is the opposite of the Bull Run, characterized by a prolonged period of declining prices and negative market sentiment. Key attributes of the Bear Market phase include: Price Correction: Bitcoin's price experiences a significant drop, often erasing gains made during the Bull Run. Pessimism: Negative news and sentiment prevail, leading to fear and caution among investors. Reduced Trading Activity: Trading volumes decrease as investors become hesitant to enter the market. Altcoin Weakness: Many altcoins also experience price declines during this phase. Pre-Bull Phase: 📉🚀 The Pre-Bull Phase marks the transition from the Bear Market to the next Bull Run. It's a period of accumulation and building investor interest. Key characteristics of the Pre-Bull Phase include: Stabilization: Bitcoin's price stabilizes after the Bear Market, forming a base for the next uptrend. Accumulation: Savvy investors accumulate Bitcoin at lower prices, anticipating the upcoming Bull Run. Positive Developments: Positive news, technological advancements, and regulatory clarity may contribute to renewed optimism. Gradual Recovery: Gradual price recovery from the Bear Market lows, setting the stage for the next uptrend. Conclusion: Understanding the distinct phases of Bitcoin cycles – the Bull Run, the Bear Market, and the Pre-Bull Phase – is essential for traders and investors . Recognizing the signs and characteristics of each phase allows you to make strategic decisions, manage risk, and optimize your trading strategies. Remember that the crypto market's volatility and unpredictability necessitate a cautious approach, proper risk management, and a willingness to adapt to changing market conditions. ❗See related ideas below❗ Follow + Like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
INDEX:BTCUSDLong
by Yaroslav_Krasko
Shib survived to see $0.00008000 or more🤑 Last chance to buyOut of all my other predictions I failed to check one minor detail due to reasons of low likelihood of happening. But after closing today on 8/15/ 2023 I am fully convinced we may see the 4000 mark maybe more the rest of this year. Sometime in the closing days of August Shib will see a massive jump to anywhere above the 0.00002000 range. It's likely both the timing and the buildup of shibs recent announcements. The amount of resistance Shib has been receiving maybe a sign once that red line reaches that green who to say it won't skyrocket. It's ready for take off by september 1st and it may not be back to earth until Jan 1st 2024 so don't get left behind shib fans
Long
by Grandmaster_Oz
Analysis: NZD/JPY Trend-Following TradeAnalysis: NZD/JPY Trend-Following Trade Based on my analysis of the ongoing upward trend and the potential breakout of resistance in NZD/JPY, i have formulated a plan to follow the trend and enter a buy trade. Here is a breakdown of your trade plan: Currency Pair: NZD/JPY Entry Price: 88.994 Stop Loss (SL): 86.541 Take Profit (TP): 99.221 Upward Trend and Resistance Breakout: i have observed a continued upward trend in NZD/JPY, indicating strength in the New Zealand dollar against the Japanese yen. Additionally, i anticipate a potential breakout of a resistance level, suggesting a further bullish move in the currency pair. This trend-following approach aims to capitalize on the upward momentum. Entry Point (88.994): my chosen entry point is at 88.994. This entry price should be determined based on technical analysis, such as identifying key support and resistance levels, trend lines, or chart patterns. It is important to ensure that the entry point aligns with the ongoing trend and provides a favorable risk-to-reward ratio. Stop Loss (86.541): To manage risk, i have set a stop loss at 86.541. The stop loss level is placed below a significant support level or a point that, if breached, would invalidate the bullish scenario. It acts as a protective measure to limit potential losses in case the trade moves against your expectations. Take Profit (99.221): my take profit level is set at 99.221. This level represents your target for closing the trade and taking profits. It should be determined based on resistance levels, Fibonacci extensions, or other technical indicators that suggest potential areas where the price might encounter selling pressure or reach a significant target. Please note that market conditions can change rapidly, and it is important to continuously monitor price action and adjust your trade management accordingly. Additionally, consider fundamental factors, economic data, and geopolitical events that may impact the NZD/JPY pair. Remember to conduct your own comprehensive analysis and use proper risk management strategies to protect your trading capital. Following a well-defined trading plan and maintaining discipline are key elements of successful trading in the financial markets.
Long
by Jazzy_Qmolautsi
Near top top 🌳🌪️The technical analysis currently reveals a promising bullish trend in the NEAR market. The price is approaching a long-term simple moving average (SMA) and demonstrates a strong bounce. This positive momentum could lead to the appearance of "golden crosses", where a short-term SMA crosses above a longer-term SMA (another strong line). These technical signals bolster optimism for the continuation of the ongoing upward trend in NEAR. On some day, it will jump
Long
by ATheDay
DOGE to the MOON or just a Fantasy Hey there fellow traders! Can you believe it? I was playing around with the Fibonacci tool on my chart, and even though it might not be applied perfectly, it somehow makes perfect sense and reflects the levels just right! My theory is that the last time Doge was pumped, it was so artificially driven that it actually reached a mind-blowing level of 3.618 without facing any significant resistance. Crazy, right? So, I decided to take 0.20, a nice and round number that has served as both resistance and support multiple times, as our level 1. And guess what? The picture it paints is pretty exciting! Based on the fundamental background and the momentum of Doge, I have a strong hunch that it might just reach 0.30 in the near future. Go, go ELON! Let's see how this wild ride unfolds! 🚀🌕💰📈📉🐶🤑 #ToTheMoon #DogeArmy #TradingIdeas #FunWithFibonacci 📊📈😄🐕🚀🌕💰📉🤑🚀🌕💰📊📈🐶😄🤑📉📊🚀🌕💰📈🐕🤑😄🚀📉📈🚀🐶💰🤑🌕📊📉😄🐕💰🚀📈🤑🌕🚀📉🐶😄📊💰📈🚀🐕🤑🌕📉📊📈🚀💰😄🐶🚀📈📉💰📊🐕🤑🌕😄🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Long
by PavlOK
Altseason. When and will it be?At the moment the situation is that bitcoin is growing stronger than most altcoins with some exceptions. Well, most altcoins, after rising at the beginning of the year, have slowed down and corrected or are standing sideways, and many are wondering when the alt-season will start? And what is more profitable to continue to sit in alts or bitcoin? What is even called the alt-season? It is accepted to consider the alt-season to be the period, when 75% of altcoins from TOP 50 show better performance than bitcoins during 90 days. But I want to know beforehand, that the alt-season starts and to prepare to it in any way, not just the fact that we are in the alt-season. You can find a lot of sites on the internet with charts showing how close/far the market is from the alts season. I also want to show you a few metrics that you can monitor on your own and make appropriate decisions. 1. Bitcoin BTC dominance graph .D shows market capitalization of the main cryptocurrency to the total market capitalization of bitcoin + altcoins. Theoretically, the lower the domination, the better for altcoins, because money flows into altcoins, but you should take into account that the number of altcoins grows and so does their capitalization. And also altcoins include stablcoins like USDT, BUSD, USDC and if the dominance is falling, it may be connected with the overflow of resources to stablcoins. At the moment the dominance of BTC is growing and we are approaching the upper border of the sidewall, where we will have to see if the dominance will break the upper border or not. If the consolidation breaks up, bitcoin will again show better dynamics than most altcoins. 2. The dominance of USDT.D and USDC.D today are the most popular stablenecoins, a decrease in their dominance means a transfer of money to other assets such as crypto or withdrawal to traditional (fiat) assets. At the moment we see a downtrend in the USDT at 7%, and a consolidation, which if broken down could lead to a dominance around 6% or even lower. 2. The dominance of USDT.D and USDC.D today are the most popular stablenecoins, a decrease in their dominance means a transfer of money to other assets such as crypto or withdrawal to traditional (fiat) assets. At the moment we see a downtrend in the USDT at 7%, and a consolidation, which if broken down could lead to a dominance around 6% or even lower. The USDC is also in a downtrend around 3% and the precipitous drop in dominance is due to the recent loss of the USDC/USD peg, and there is no halt in this trend yet. Other stabelcoins have lower capitalization and their impact on the altcoin market is difficult to assess. 3. ETH/BTC trading pair Unpopular pair, but essentially you can evaluate how much the ether infrastructure grows as when new ERC20 tokens are printed and when their price grows, ETH is bought and held. We see a downtrend and the approach to the important zone 0.06 should be watched for its breakdown, as well as the downtrend, breakdown of which can start a local uptrend and respectively the growth of other tokens on ether. 4. Market sentiment. All cryptocurrencies are considered by traditional investors to be risky assets, just like stocks, and altcoins even more so. Therefore, it should be understood that the growth of these instruments falls in the period when the market's appetite for risk increases. One can track the VIX - volatility index SP500 as a rule, a bullish cycle at the stock market occurs when the VIX index is below 20, but when the index is higher or rises, the investors expect higher volatility and prefer the protective assets. The last bull cycle in the stock market coincides with the alt-season, so this index can be used for your analysis. And also to the powerful factors increasing the risk of investors, is the U.S. Federal Reserve policy, namely adds money to the U.S. economy or takes away by the Fed through QE / QT, as well as raising / lowering the base interest rate. With the latest developments in the U.S. banking industry, the Fed has increased its balance sheet by more than 300 billion, and many are talking that the last rate hike of 0.25% was the last one. 5. Google trends. The level of retailer involvement in the market, also signals to us the beginning of the altseason, when new participants come to the market and buy up everything, for example I took the search queries altseason and cryptocurrency, but you can take any of them at your discretion and monitor the changes in the trend of queries. trends.google.com trends.google.com Conclusions As seen, one indicator hasn't been invented yet and we have to monitor different information sources, at the same time getting something new, but it may give good results as early entrance points and general market mood. It is important to understand which way to trade, isn't it? In my opinion, a full-fledged alt-season should be expected in the second half of 2023, starting in September. Support for the author subscribe ✅ and start rocket 🚀. Good luck and profit to all.
CRYPTOCAP:BTC.D
by Kirill_Gaitan
12
AMC bounce. looking to retest shorting lines 4.47 and 5.52$AMC this baby hasn't had this kind of volume since last summer. spring is here. recession is here. potential squeezer. Market is very volatile right now. If the QQQ is up, this is a favorable trade in my option. If it is not, this trade remains a short for me. QQQ has a lot of room to go down right now march 3/23 at night. If AMC doesnt break down, consider this one on your list for when the QQQ Nasdaq, on which it is listed; bounces +++//// and or when the SPY bounces.
NYSE:AMCLong
by International_Leeroy