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Bitcoin can grow a little more and then make correctionHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago declined from the buyer zone and entered the wedge. In this pattern, the price rebounded up to the resistance line from the support line, after which made a correction and then in a short time rose back, breaking the 67100 level. Then price exited from the wedge and continued to grow to a current support level, which coincided with the support area and when it reached this level, BTC broke it. Then it little grew and turned around, after which started to decline inside the downward channel, where it broke the 72100 level and fell until to the 67100 support level. After this movement, the price made a strong upward impulse to the current support level, exiting from the channel and soon breaking the 72100 level too. Next, the price made a retest and continued to move up, but a not long time ago it turned around and little declined. For this case, I think that BTC can grow a little more and then make correction to the 72100 current support level. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
4
LINK | The flag to end all flags. 100% GAINThis idea is straightforward and builds on previous analyses. Chainlink (LINK) has been consolidating within a bull flag pattern for nearly nine months, recently confirming major support levels established during the bear market. As observed with several other altcoins, LINK is retesting the upper range of its bear market accumulation levels while maintaining a robust market structure. It's been several weeks since LINK last touched the $8.15 mark, further demonstrating its resilience within the flag. Provided LINK holds its trendline support within this formation, I believe it presents a strong opportunity for portfolio inclusion at this time.
Long
by MilkLover69
What does it mean that #BTC hits a new ATH?📊What does it mean that #BTC hits a new ATH? 🧠BTC has experienced 8 months of volatility and finally hit a new all-time high today, which means that the weekly level cup-handle long structure is established, which means that we are likely to challenge the next target area of ​​87k-94k. But I am not asking you to chase the rise here, because after breaking through the historical high, most funds may choose to stop profit, so don't chase the rise under huge selling pressure. ➡️Unfortunately, the price failed to return to the yellow support area mentioned yesterday, so our long trade was not triggered. At present, we are in the target area of ​​the hourly long structure, and there is an expectation of a callback, but the overall direction is a long trend. You must know that shorting is a counter-trend trade, so try to focus on long trades. Let's see👀 🤜If you like my analysis, please like💖 and share💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888
1
BTC WILL FIND ANOTHER NEW ATHNOTE: This is pure price action analysis. A new ATH has just been hit, and since it’s likely to reach another ATH, I assume BTC will correct around 68-70K, as that’s a potential support level to lock in before the next upward wave. The parallel channel indicates a move down to retest some trend lines and find solid support. Based on indicators, there’s significant demand around 68-69K, which is why I believe this could be a strong support level. BUT, be cautious of any volatility that could make the price movement unpredictable, especially with potential legal challenges from the losing U.S. election candidate. Legal proceedings can be manipulated. Trust your own feelings and trade at your own risk. Refer to the previous chart on my profile.
Long
by yuriakashi
2
Cryptocurrency ADAUSD CARDANO: Next to break out. I bought into this one recently but it was weighing heavily since the purchase in terms of price not quite breaking-out enough, but that all changed today as Cardano moves out of its squeeze and into climbing and rallying mode. Earlier in 2024 it entered a Supply-downtrend but in recent months buying entered into Cardano and the charts stated to expand with some volatility to upside prices. A breakout "jump" is what ADAUSD set-out to do in 2024 and with supply switching mostly over to demand and with Bitcoin now very close to 71,000, that time is near.
EIGHTCAP:ADAUSDLong
by Easy_Explosive_Trading
Aevousdt trade opportunityAEVO/USDT recently broke out from its main downtrend trendline and completed a pullback, showing a strong bounce. The current price action suggests the potential formation of a double bottom pattern, which could signal a bullish reversal. Our plan is to accumulate at the identified buy-back zone, as this area offers an attractive entry point with a favorable risk-reward ratio. The stop loss has been placed to manage risk effectively, and the potential targets are marked on the chart. We would appreciate your thoughts on this setup.
Long
by weslad
8
BTCUSD Daily Inflection Point This is a continuation of the Weekly Inflection Point. On the daily we're getting close to a crucial area. A downward move here may indicate a large move, correction on the weekly, daily. 16k could easily be hit. There is also the potential for this momentum consolidation to have a breakout leg to 77-88k before a final correction. Watch for a break above or below the keltner channel. If the stock market is about to tank because WW3, the debt bubble created in 2008-2020, then Bitcoin will get shocked with it while everyone scrambles for PM's. After maybe bitcoin will be revived when people realize there isn't enough PM's out there, else some world wide digital currency emerges. Either way I have little hope for bitcoin, unless the NWO backs it because of the transparent transactions that can be traced, blacklisted, non fungible- control. Such a currency is a fools hope and will be used against you when tyranny seeks control over you.
COINBASE:BTCUSDShort
by Mikhiavelli
Toncoin TON price will surprise everyoneđź’ŽIf you look closely at the OKX:TONUSDT chart, you can see/think that the last six months have seen a global trend reversal pattern - Head and Shoulders. But! This pattern will be confirmed after the price of CRYPTOCAP:TON is firmly fixed below $4.50. Then the target is $2.30-2.50. However, this is all very obvious, trite, and not interesting) We want this idea to become prophetic and Legendary, so we hope for the beginning of a hypercycle of #Toncoin price growth with an ultimate goal of $93 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
Doland Tremp (DMT/USDT) Technical Analysis – November 2024Doland Tremp (DMT/USDT) Technical Analysis – November 2024 The chart shows that DMT has experienced a significant decline, currently trading at $0.1466 with a drop of -57.01%. The price has reached a critical support zone, suggesting potential for a rebound if sustained buying pressure emerges. Key Observations: Support Level: $0.1203, acting as a strong base for potential price recovery. Resistance Targets: First Target: $0.6223 Second Target: $0.8569 Third Target: $1.1707 Analysis Insight: If DMT can hold above the $0.1203 support and build momentum, it may initiate a recovery towards the first target at $0.6223. Progress beyond this could see further gains to $0.8569 and potentially $1.1707. However, caution is advised as failing to maintain support could result in additional downside pressure. Conclusion: Investors should monitor the support level closely for signs of reversal and potential upward movement, with attention to volume and market sentiment as indicators for sustained recovery. #DolandTremp #DMT #Crypto #TechnicalAnalysis #SupportAndResistance
by VIPROSE
1
$FETUSDT Heating Up for a Major Breakout!BINANCE:FETUSDT recently experienced an unsuccessful breakout from an inverse head and shoulders pattern, followed by a consolidation phase. Now, it’s forming a bullish channel and showing signs of strength, indicating that a significant upward move may be on the horizon. As always, remember to use a stop loss and invest only a small portion of your capital to manage risk effectively. BINANCE:FETUSDT Currently trading at $1.29 Buy level: Above $1.27 Stop loss: Below $1.05 TP1: $1.5 TP2: $1.75 TP3: $2.5 TP4: $3.5 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades