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Raydium (RAY) Defies Market Trends, Hits 4-Year HighRaydium’s native token, RAY, is stealing the spotlight as it climbs to its highest price since 2021, bucking the broader market downturn. Over the past 24 hours, RAY has emerged as the top gainer, fueled by increased trading activity and strong demand. A closer look at the RAY/USD one-day chart highlights bullish momentum. The Chaikin Money Flow (CMF) indicator, sitting comfortably above the zero line at 0.23, signals robust buying pressure. If this trend continues, RAY could challenge resistance at $8.96. Breaking past this level might push the token to $11.05, setting its sights on the all-time high of $17.80. However, the bullish outlook comes with caution. A surge in sell-offs could derail RAY’s ascent, causing it to dip below the support zones of its Ichimoku Cloud. In this bearish scenario, the token might slide back to $4.30. As the native token of the Solana-based automated market maker (AMM) Raydium, RAY is leveraging its role in the DeFi ecosystem to fuel its rally. Will this momentum hold, or will the market pullback catch up? For now, RAY is a standout performer in an otherwise bearish market.
Long
by paul_endeo
Asset-Wise Chart Analysis and Key Levels This is my idea for each asset based on the chart analysis. Please review and improve these ideas to suit your risk management and trading style. 1. Bitcoin (BTC/USDT) Timeframe: 30-minute chart Analysis: Support Zone: Strong bounce observed around $102,000. Likely a major demand zone. Resistance Zone: Testing resistance near $105,000-$106,000. Indicators: RSI: Showing recovery, but near overbought territory. Look for divergence for confirmation. EMA: Price trending above short-term EMAs, signaling bullish momentum. Outlook: Breakout above $106,000 could signal a strong bullish rally; failure may trigger a retest of $102,000. 2. Ethereum (ETH/USDT) Timeframe: 30-minute chart Analysis: Price Action: Triangle formation with price tightening near $3,300. Resistance Zone: $3,350 area with repeated rejections. Support Zone: $3,100 has held multiple times. Indicators: BOS (Break of Structure): Bearish; the recent pullbacks suggest potential short setups. Volume: Declining on lower levels, suggesting weak buyer pressure. Outlook: Watch for a breakout above $3,350 or a breakdown below $3,100 for directional clarity. 3. Solana (SOL/USDT) Timeframe: 30-minute chart Analysis: Trend: Descending triangle observed, with lower highs consistently. Resistance Zone: $260-$270 area; repeated failure to breach. Support Zone: $240; strong demand observed here. Indicators: RSI: Neutral, with no clear divergence. MACD: Bearish crossover hints at potential downside pressure. Outlook: Breakdown below $240 could signal a bearish continuation to $220. Bulls need a decisive close above $270. 4. Avalanche (AVAX/USDT) Timeframe: 4-hour chart Analysis: Resistance Zone: $48-$50; multiple failed attempts to breach. Support Zone: $36-$38, tested and held successfully. Indicators: CHoCH (Change of Character): Bullish signs appearing near support. EMA: Price stuck between EMAs; watch for a breakout or breakdown confirmation. Outlook: A bounce from $36 support could target $44. Otherwise, a drop below $36 might push toward $32. 5. 1000Blocks (1000BLOCKS/USDT) Timeframe: 4-hour chart Analysis: Fakeout: Recent rejection of key levels, signaling weak bullish attempts. Resistance Zone: $0.042 area, critical to watch. Support Zone: $0.035 holding well for now. Indicators: RSI: Divergence indicates potential reversal. Volume: Lower during the rally, signaling lack of conviction. Outlook: A sustained breakout above $0.042 is needed for continuation; otherwise, risk of returning to $0.030 remains. 6. Polkadot (DOT/USDT) Timeframe: 4-hour chart Analysis: Resistance Zone: $7.50-$8, previously rejected. Support Zone: $5.75-$6; multiple bounces suggest strong demand here. Indicators: CHoCH: Repeated bullish reversals at support zones. EMA: Price testing resistance at EMA levels. Outlook: Consolidation likely. Bulls need to reclaim $7.50 for continuation, while bears target $5.75. 7. Axie Infinity (AXS/USDT) Timeframe: 4-hour chart Analysis: Support Zone: $5.50; held firm on multiple occasions. Resistance Zone: $6.50-$7; consistent rejections. Indicators: Volume: Declining as price approaches resistance. MACD: Neutral, awaiting momentum clarity. Outlook: Breakout above $7 could lead to a rally toward $8. Failure may bring price back to test $5.50 support. 8. Filecoin (FIL/USDT) Timeframe: 4-hour chart Analysis: Support Zone: $5; currently showing accumulation signs. Resistance Zone: $6.50-$7; price struggling to break higher. Indicators: CHoCH: Repeated bullish signals near support. RSI: Near oversold, potential reversal. Outlook: Likely to test $7 resistance again; breakdown below $5 could indicate further weakness. This is my idea for each asset based on the chart analysis. Please review and improve these ideas to suit your risk management and trading style.
Long
by MyTradingJournal6th
BTC Set for Bigger Shakes Over Time? Break 90K & Over 120K?BINANCE:BTCUSDT has been quite volatile lately since Dec., as it's moving within a broadening triangle pattern. This pattern is characterized by its expanding price range, meaning the price swings get larger and more dramatic over time. Right now, Bitcoin has the potential to climb above $120K, but BTC could also drop sharply to $90,900. That’s a massive $30K range—and it’s only expected to grow wider. If we see one or two quick drops to the bottom of the broadening triangle, the market sentiment could turn bearish. General investors might start panic-selling, which allows major players to collect coins at lower prices. But here’s the key: even a sudden $30K drop within this pattern doesn’t affect Bitcoin’s long-term bullish outlook. It’s just noise within the structure. Are you ready to navigate this increasingly wild market? Every coin has multiple potential scenarios. This is just one of them, and I’ll share more scripts in the future. Follow me for updates! 😃
by Harold_123
Will KEYUSDT Bounce or Break? The Market's Crucial Moment!The crypto market often mirrors a roller coaster, and BYBIT-KEYUSDT.P is no exception. Currently priced at 0.0007485, the asset has plummeted 94.43% from its all-time high of 0.0134455 in March 2024, but it’s up 24.34% from its absolute low set just a month ago. Indicators like the RSI (40.58) and MFI (36.56) suggest the market is nearing oversold territory, while a narrowing gap between the MA50 (0.00092) and the current price highlights potential for a technical breakout. Recent patterns reveal an intense struggle between buyers and sellers. The dominance of increased sell volumes over the past sessions has led many traders to question: Is this the calm before a bullish reversal, or the start of another leg down? With resistance looming at 0.001082, all eyes are on whether the asset can gather momentum to reclaim lost ground or if sellers will tighten their grip. For traders seeking action, the stage is set. Will you capitalize on this key juncture, or watch as the market decides its next move? Either way, the opportunity is ripe. Roadmap: The Story of BYBIT-KEYUSDT.P Through Patterns 1. January 7, 2025 – “Sell Volumes Max” (Direction: Sell) The market opened at 0.001194 and closed at 0.0011535, showcasing intense selling pressure with a low of 0.00114. This pattern indicated a shift towards bearish sentiment. Interestingly, the price in the subsequent pattern aligned with this direction, confirming that sellers were in control. The next few bars validated the forecast, as the price continued its downward journey, further solidifying this bearish signal. 2. January 8, 2025 – “VSA Buy Pattern Extra 1st” (Direction: Buy) As expected from this pattern, the market attempted a bullish comeback. Opening at 0.000993, the price initially struggled but closed higher at 0.000972 after testing a low of 0.000959. This was a clear move towards recovery, but it fell short of breaking significant resistance levels. Confirmation arrived as the subsequent pattern reflected further buying pressure, proving that bulls were regaining some footing. 3. January 10, 2025 – “Increased Buy Volumes” (Direction: Buy) Here’s where things got exciting. The price opened at 0.0009775 and climbed to a close of 0.001068, rallying decisively after hitting a low of 0.000945. This pattern screamed bullish energy, with a strong confirmation seen in the subsequent bars. Buyers capitalized on this move, pushing the price to test higher resistance levels. 4. January 11, 2025 – “Buy Volumes Takeover” (Direction: Sell) A shift in momentum was clear as the market opened at 0.0011125 but closed lower at 0.001072, signaling a potential fake-out or exhaustion of bullish power. The next bars saw prices aligning with the forecasted sell direction, validating this pattern’s call for caution. 5. January 17, 2025 – “Sell Volumes Max” (Direction: Sell) The market turned bearish once again, with an opening price of 0.0010495 and a sharp close at 0.000944. Hitting a low of 0.000896, this pattern proved its worth as the next bars continued downward, showing that the selling wave had not yet lost steam. Key Takeaways: The roadmap reflects that bearish patterns like "Sell Volumes Max" consistently aligned with market direction, highlighting a reliable trend-following signal. Bullish patterns struggled to break through key resistance levels but showed potential for short-term trades. Momentum shifted between bulls and bears, creating pockets of opportunity for nimble traders. Technical & Price Action Analysis: Key Levels to Watch Here’s the breakdown of the make-or-break levels for BYBIT-KEYUSDT.P. These zones are where the action happens, and if they don’t hold, they’ll likely flip into resistance. Keep your eyes peeled for these hot spots! Support Levels 0.000602 – The absolute low of the asset, touched recently. If this level gives way, expect it to become a solid resistance. 0.001082 – A critical support zone. If it doesn’t hold, bulls are likely to face a steep climb. 0.004257 – Not just support, but a psychological barrier. Failure here could turn it into a strong ceiling. Resistance Levels 0.001082 – Doubling as support, but if the price can’t break back above, it’s game over for bulls at this level. 0.001476 – The next stop on the way up. If rejected, expect bearish vibes to dominate. 0.00538 – A major obstacle for any meaningful upside momentum. Powerful Support Levels 0.004257 – All eyes are here. Losing this zone would spell trouble, as it’s one of the last defenses. 0.0057895 – A bounce from here could set up a strong rally, but a breakdown flips it into a bear’s playground. 0.0067375 – The line in the sand for bulls. Holding this is critical for regaining confidence. Powerful Resistance Levels No current data here, but watch for powerful zones to emerge once the price climbs closer to previous highs. Pro Tip: If these levels don’t hold, don’t panic. Just flip your mindset – these same levels will likely become strong resistance zones, perfect for fade plays or short setups. Stay sharp and trade what you see! Concept of Rays: Trading Strategies and Scenarios Let’s dive into the mechanics of trading using Fibonacci Rays, the dynamic levels built on precise mathematical principles. These rays define boundaries of movement channels and provide high-probability setups for trading key price interactions. How Rays Work in Trading Fibonacci Rays define zones of interaction, creating a system of dynamic support and resistance levels. Price movements tend to follow rays, and interaction often signals whether to expect a reversal or continuation. Dynamic factors like Moving Averages (MA50, MA100, MA200) further confirm key zones, enhancing accuracy. The strategy: Wait for price to interact with a ray and exhibit clear movement in the direction of the ray, targeting the next ray. Two Trading Scenarios Optimistic Scenario : The price reacts positively to support rays and continues upward, interacting with ascending Fibonacci Rays and moving averages. Targets align with resistance rays. Entry: After interaction with Support 0.001082 and confirmation from MA50 at 0.00092, enter long. First Target: Resistance at 0.001476 (next ray level). Second Target: Powerful resistance near 0.00538 (further ray projection). Third Target: Upper limit of movement at 0.0067375 if momentum sustains. Pessimistic Scenario : Price fails to hold support rays and breaks below, aligning with descending Fibonacci Rays. Each broken ray acts as resistance for potential short setups. Entry: After price breaks below 0.001082 and closes under MA50 and MA100. First Target: Powerful support at 0.000602 (next ray level). Second Target: Deep retracement towards 0.004257, now acting as resistance. Third Target: Collapse towards absolute lows below 0.000602, if selling momentum dominates. Dynamic Trading Ideas Based on Ray Interactions Bounce from MA50 and Ray Support: If price interacts with 0.00092 and shows strong buying signals, go long towards the next ray. Break and Retest of Resistance Rays: If 0.001476 is broken and retested with confirmation, aim for 0.00538. Sell-off after Ray Break: If price breaches 0.001082, wait for a retest and short towards 0.000602. Range Trading Between Rays: Play the levels between 0.001476 and 0.00538 during a sideways market, watching for clear rejection or breakout signals. Key Points for Execution Always wait for interaction with rays and dynamic confirmation (e.g., MA alignment). Move stops to breakeven after hitting the first target. Targets are sequential: from ray to ray, ensuring flexibility in both scenarios. Trade Smart and Flexible : Let the rays guide your entries and exits while keeping an eye on volume and momentum. Remember, every ray interaction is an opportunity! Your Turn: Let’s Keep the Conversation Going! Got questions or want to dive deeper into the analysis? Drop your thoughts in the comments below—I’m here to chat and explore with you. Don’t forget to Boost this idea and save it for later to track how the price respects my mapped levels. Watching these movements unfold is the essence of trading mastery! By the way, my proprietary indicator handles all these rays and levels automatically, making the process seamless. If you’re curious about using it, feel free to reach out via private messages. Let’s discuss how it can become part of your trading toolkit. Looking for custom analysis? I’m open to analyzing any asset you’re interested in. Some of it I share openly, but if you prefer a private breakdown tailored just for you, we can work something out. Trust me—these rays work across all markets, and I’d be happy to create a setup that fits your needs. Finally, don’t miss out on future insights! Follow me here on TradingView, where I post all my updates and ideas. Your support and engagement keep this community thriving, and I can’t wait to hear your thoughts. Let’s trade smart, stay connected, and grow together! 🚀
Long
by brandlabelden
Trump Memecoin crash – is the hype over?The cryptocurrency market faced a sharp pullback following Donald Trump's oath-taking ceremony, with Bitcoin retesting its low of $102,000. Trump’s failure to address cryptocurrencies in his inauguration speech triggered a ripple effect, sparking widespread FOMO and panic selling in the market. Leading the crash were Solana-based Trump and Melania meme coins, both experiencing dramatic drops in valuation. The Trump Meme Coin plunged over 23% in just one hour and a staggering 38.83% in the past 24 hours, pushing it out of the top 20 cryptocurrencies to the 23rd spot with a market cap of $8.52 billion. This isn't the first time political-themed coins have faced turmoil. During the election campaign, PolitiFi meme coins similarly collapsed by over 60% within 48 hours. The current scenario mirrors that history, with top altcoins also breaking critical support levels in the aftermath of Trump’s speech. Despite an impressive start—tied to the buzz around Trump’s reentry into the political spotlight—the lack of acknowledgment for crypto has left investors questioning the meme coin's long-term potential. The crypto community responded negatively, with the global market valuation dropping by over 1%. Trading volumes for Trump-related tokens hit $39.11 billion, but rising uncertainty and increased liquidations could push these coins even lower. Analysts predict a bearish 2025 outlook, with the Trump Meme Coin potentially ending the year at a low of $35. Is this the end of the Trump token fever, or just a speed bump on its volatile journey? The next few days will be crucial for its survival.
WHITEBIT:TRUMPUSDT.PShort
by paul_endeo
110-112k SOON! Analysis update on Btc/Usd pairBrave sailors, welcome, everyone! A small update on the btc/usd pair due to the fact that I accidentally closed my previous post. I still do not see globally any preconditions for further price reversal. Yes, it is quite likely that we will first touch the zone beyond 100k$, where a huge amount of liquidity is concentrated in the form of longists' stops. I hold my position, I will sell around 110-112k$. Always use risk management! Market Thoughts Bloomberg: Donald and Melania's memcoins undermine confidence in the cryptocurrency industry The launch of the eponymous meme coins has sparked a flurry of criticism from experts and investors. Expectations about the development of the digital sector under the new administration were replaced by doubts, as the projects reinforced the negative perception of cryptocurrencies as unstable and unserious assets. At the same time, the cryptocurrency market as a whole has experienced a downturn: capital going into memcoins has led to a deterioration in trading of other assets, including Bitcoin. Experts have noted concerns about conflicts of interest and undermining confidence in the industry. I, in turn, believe that by doing so, Trump is fueling interest in new money, which will be extremely positive for the cryptocurrency market as a whole. Today is Martin L. King Day, a day off for the U.S. market, which also reduces liquidity and may lead to sharp and chaotic movements. At the current moment we see growth in cryptocurrency market, stocks, currencies, etc. Regarding our scenario on btc/usd pair: the price has confidently overcome the main resistance zone, having updated the maximum and almost reached our target zone of 110-112k$. As I wrote earlier, I believe that after Trump's inauguration, the markets will continue to be in euphoria and we should see good moves in major altcoins. In this situation, I bet on ether and the major altcoins from this network. Again, don't forget about risk management. The cryptocurrency market is an extremely unpredictable place. I wish everyone successful trading operations, my brave sailors!
BITSTAMP:BTCUSDLong
by CaptainLong