XEC/USDT NEW INCREASE VOLUMEAfter the main market's downturn, XEC is showing a new rise in volume, which might continue in the upcoming time frames.
This is our first chart update to check if this coin's performance can be confirmed. If it is, we'll provide more updates.
We know XEC can rise with high volume when there is a positive trend.
Not every update will be confirmed and this update is a beta test update before the confirmation.
We will focus on XEC/USDT only after trend confirmation.
5% from here the confirmation could start
Trend
Ethereum 2nd Test on our demand zoneEthereum decided not to continue with the trend but to conduct a second test before the rally. This pattern is very natural when the market breaks a channel and seeks equilibrium points in demand zones.
Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones.
Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us.
Regards
Interesting graph of USD/UAHOf course, I have not traded the currency market much and I have no experience as such, but I can predict something purely based on the structures and how it happened, my analysis cannot be taken into account!
1) I can see a 5 wave structure and now the last wave of growth
2) There is so much negativity that the chart begins to slow down, a sign of trend weakness
3) As strange as this US election is, it looks like something is about to happen
In my opinion, there are 2 scenarios. First, we really form the 5th final wave and go through a correction to 20-25, which will give a positive result for 4-10 years, after which the upward movement will begin again. Second, the negative will become more and more and the rate will start to break above 50-54, which in my opinion is very critical and will stretch the uncertainty for years. In my opinion, the probability is as follows, the first - 70-75%, the second - 30-25%
BTC/USDT IS BITCOIN READY FOR A NEW HIGH TO 74KBTC did a great increase from the bottom trend to around 68K as we also made an update about it from the bottom 53k.
68K is an important key level.. the next confirmation is important for the 74K trend
BTC should hold the 65K for a healthy trend. if the trends get confirmed we could see soon
74K.
BTC can take time before entering the end target.
we will follow the trend to see if there are confirmations.
New updates will come by this chart link.
This update is not trading advice. Trading and investing can be risky.
Bitcoin - How low will it go?Looking at BTC on the daily chart, we see price is moving downward within this channel. Buyers are currently unable to make a sustained break through of the ~$62,000 resistance level.
If price continues its downward movement, I will be looking for opportunities within the marked potential buy zone.
If price breaks above the channel, I will wait for confirmation to go long for a short-term move upwards until further data is available.
What are your thoughts on Bitcoin?
COINBASE:BTCUSD
BTC - Last dip before new highs!Good news as price just took out the lows of the range and is back above the mid level ($63,000). This simply means that $74,000 is next and a breakout of the range is brewing. Now, after about 130 days of consolidation and a monthly close in the green just around the corner, it looks like strong positive price moves are coming.
Weekly View:
- Last week's close confirmed a new trend and will remain bullish as long as it stays above $60,827.
- That said, dips are for buying between $62,750 - $64,596.
Daily View
- The $58.783 level is the one to watch. Price expansion after a close above it set the weekly trend and is now back above the mid ~$63,000 level.
- Expect strong bids around those levels, especially with the weekly order block within the same price zone.
- Simplifying. Bidding first support at $63k with a target at $72k seems the most obvious trade.
Clear skies above 72k. I wouldn't bet on 74k to act as a strong resistance zone.
Actions to take:
We are back into btfd!
G/USDT NEW ATH POSSIBLITYThe last data shows that G/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
G/USD has a history of breakdown trends, we will follow the coin to see if this is the reversal trend.
There is possibility for new ATH
CRV/USDT ENTERING NEW HIGH VOLUME TRENDThe last data shows that CRV/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
CRV/USDT has a history of breakdown trends, we will follow the coin to see if this is the reversal trend. The last data shows a high chance of volume building for this coin.
AIOZ READY FOR NEW INCREASE VOLUMEDepending on our last study, AIOZ showing an interesting trend, which will allow this coin to have a break in the coming time.
We will follow the coming in the coming time frame for confirmation.
The coin will have at last the first 24H follow since the trend can show a new increase in volume.
The high reason for the choice of this coin is that a trend is about to get activated on the 1H view which ends the breakdown trend since 21 May 2024.
RATS/USDT NEW INCREASE VOLUMERATS/USDT showing on the time frame interesting volume trend, we will follow up to see if its able to get a confirmation.
At this moment It's just a follow-up to see if it's able to target new confirmations and to keep a watch on it for the trend.
If the coin stays for a time stable or gets a new volume with time it could become interesting
RIF/USDT NEW INCREASE VOLUMEThe last data shows that RIF/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
RIF/USD has a history of breakdown trends, we will follow the coin to see if this is the reversal trend.
UXLINK/USDT NEW INCREASE VOLUMEThe last data shows that UXLINK/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
UXLINK/USD has a history of breakdown trends, we will follow the coin to see if this is the reversal trend.
CVX/USDT NEW INCREASE VOLUMEThe last data shows that CVX/USDT has a good chance to create a new volume in the coming time frames, we will follow up to see if this coin is able to have confirmation in the coming time frames.
CVX/USD has a history of breakdown trends, we will follow the coin to see if this is the reversal trend.
ARKM/USDT NEW VOLUME INCREASEIn the last hours, we have seen a low time frame decrease from BTC, which did allow most coins to break down in a low time frame.
ARK/USDT is a coin that starting showing new interest since the last trend.
We will follow this coin to see the possibility in volume and confirmations.
Buy Dogecoin (DOGE) at $0.12724I recommend buying Dogecoin (DOGE) at $0.12724. This recommendation is based on the Smart Money Concept (SMC), which identifies a "Demand Zone" at this price level and a Fair Value Gap (FVG) above the demand zone.
Key Points:
Entry Price:
Buy Dogecoin at $0.12724. This price level has been identified as an optimal entry point due to the presence of a demand zone and an FVG.
Explanation of FVG:
Fair Value Gap (FVG): An FVG occurs when there is a significant price movement with little or no trading activity in between, creating a gap. This gap represents an imbalance in the market, often caused by institutional investors, and can act as a magnet for price, providing an area of potential support or resistance.
Stop Loss (SL):
Set your stop loss (SL) at $0.12502, which is just under the FVG. This level has been chosen to minimize potential losses if the market moves against the trade. The stop loss percentage is 1.74%.
Take Profit (TP):
Set your take profit (TP) at $0.13822, which aligns with a supply zone. This target has been chosen based on market dynamics and anticipated resistance levels.
Explanation:
Smart Money Concept (SMC):
SMC is a trading strategy that focuses on understanding and following the actions of institutional investors, who have significant influence on the market. By identifying areas where these large players are likely to buy (demand zones) or sell (supply zones), traders can align their positions with the "smart money" to improve their chances of success.
Demand Zone:
A demand zone is an area on the chart where there has been a high level of buying interest, causing prices to rise from that level in the past. When the price returns to this zone, it is likely to encounter buying pressure again, providing a potential entry point for traders.
Supply Zone:
A supply zone is an area on the chart where there has been significant selling interest in the past, which may act as a resistance level.
Conclusion:
Entering Dogecoin at $0.12724, based on the SMC and the identified demand zone and FVG, presents a strategic investment opportunity. By setting a stop loss at $0.12502, we aim to manage risk effectively, and by setting a take profit at $0.13822, we target a supply zone for potential gains.
As always, it's essential to monitor the market closely and adjust your strategy as necessary. Trading involves risks, and it's crucial to stay informed and make decisions based on thorough analysis. Like, follow me for more such content and share to increase your friends' knowledge.
BLOCK ENTERING HIGH VOLUME AREA TO BREAKStudy indicate a growing interest in Block, with potential for increased volume in the coming time.
We are awaiting a 1-hour confirmation, which could bring new green volume.
It's important not to invest in any coin directly without thorough research and confirmation.
Today, Block has shown interesting activation, and we will continue to monitor this coin closely in the coming days.
CRYPTO TOTAL MARKET CAP (BULLISH IDEA)Hello Avid reader,
I would like to share my take on the possible scenario for the Crypto Market.
1 - The market has been in consolidation phase for the past 4 months , creating a Typical Bull-Flag pattern .
2 - As you can see that the lows of the channel have been tested 4 times, but the selling pressure got absorbed on each test, signaling a Strong reversal.
3 - The mid of the channel (represented by dotted white line) precisely provided resistance / support to the PA in all the previous moves which is clearly visible on the chart. But the thing which I would like to highlight here, is that this time, the Price, very comfortably broke through the mid-zone and re-tested it as Support.
4 - There is a BISI (Buy-Side Imbalance & Sell-side inefficiency) highlighted by the green box. The PA might indulge this zone to grab un-touched Liquidity.
5 - USDT's Dominance is weakening and has formed a Bear-Flag pattern.
Areas of interest are market on the chart.
6 - In Summary, I expect the Crypto Market cap to rise significantly in the upcoming weeks, especially in Q4 2024 & subsequently, in Q1 2025. We are likely to face some resistance in the 2.5 T to 2.55 T area, as highlighted in the red box. Thereafter, 2.7 T and 3 T would be my areas of interest for selling.
Thanks.
Bitcoin, past, present and future !Bitcoin in the long term is about to bounce around 1000% (10x) to 1600% (16x) in the medium a long term (2-3 years) after the halving !
As the world demands more for bitcoin, this could happen quickly beyond our predictability.
Many, unaware people still fail to see how big this symbol of decentralization is. May the force be with you, stay well!
It's not financial advice !!