"ACE/USDT Long Trade Alert 🚀 ACE breaks falling wedge, now retesting. Entry: Current Market Price (CMP), add more up to 9.0081. Targets: Aiming for 60-80% gains. Stop Loss: If any 2-hour candle closes back inside the wedge. Leverage: 5x to 10x. R:R (Risk-Reward Ratio): 1:6 (Lucrative). Use leverage wisely, DYOR. Not financial advice.
Bitcoin (BTC) has recently experienced a significant surge in price, characterized by a notable increase in trading volume, particularly evident in the Ichimoku cloud. This surge coincides with a breakout from a symmetrical triangle pattern, a technical analysis formation often regarded as a precursor to substantial price movements. The Ichimoku cloud, a popular...
LONG #DYDX/USDT "DYDX is currently trading above the long-term established support level, and there is anticipation of a significant rebound from this point." 📈Entry Point: CMP). Additionally, be prepared to add more positions if the price drops to $2.652 💹 Targets: $2.860 $2.992 $3.143 $3.627 $4.3 ⛔️ Stop Loss (SL): $2.556 to limit potential losses. 📊...
The breakdown from the descending triangle pattern is indicative of a potential shift in market dynamics. Currently, the dominance is aligning with the established pattern, suggesting a continuation of this trend. From a technical standpoint, the observed breakdown implies a possible decrease of approximately 20% from the current position. This projection is...
"CYBER/USDT Long Trade Alert 🚀 CYBER broke out of a Bull Flag Pattern and is currently retesting. Entry: Current Market Price (CMP). Add more if it drops to $7.548. Targets: $8.7, $9.45, $10.2, $11.5, $13. Stop Loss (SL): $7.075 to limit potential losses. Leverage: Use 5x to 10x cautiously. R:R (Risk-Reward Ratio): 1:6 (Lucrative). Use leverage wisely and be...
Ethereum update Ethereum is currently trending within a rising channel, as shown in the chart. It has formed a falling wedge pattern, similar to one it made a few weeks ago, and bounced by approximately 19% according to the pattern. If Ethereum breaks out of this wedge, it is likely to bounce by almost 19% again. However, if it breaks out of the rising channel,...
#Bitcoin update Bitcoin is currently trading within a symmetrical triangle pattern, and a decisive breakout or breakdown is essential to determining the next directional move for Bitcoin. In this context, the 200-day moving average (200MA) is functioning as a support level. Stay tuned for further updates; I will continue to provide information as the situation develops.
In the next 25 days, the approval decision for the #Bitcoin ETF is anticipated. The market reaction to such news is often influenced by three types of news psychology: > Sell The News: Traders may opt to sell their assets once the news is officially announced. > Sell Before The News: Some investors may choose to sell their holdings in anticipation of the news,...
Trade Setup for #DYDX/USDT: Long Position Analysis: DYDX has broken out of a falling wedge pattern, indicating a potential upward trend. The current price (CMP) serves as the entry point. The breakout is being retested, suggesting a potential confirmation of the bullish move. Entry Point: Current Market Price (CMP) Additional Positions: Consider adding...
In the weekly time frame, Ethereum broke out of this horizontal resistance, resembling the pattern observed in the last bull run. Following this breakout, a retest similar to the previous bull run is anticipated. In the daily time frame: - Ethereum faced rejection at the $2400 level. - The $1800 to $2000 range is identified as a support level, also representing...
Trade Setup for CAKE/USDT: Long Position Analysis: CAKE is exhibiting a symmetrical triangle pattern, indicating a potential breakout with a strong rebound. The current market trend supports a bullish outlook. Entry: Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to $2.38. Targets: $2.56 $2.7 $2.9 $3.2 Stop...
Trade Setup for CFX/USDT: Long Position Analysis: CFX has broken out of a bullish flag pattern, indicating a potential upward trend. The current price (CMP) serves as the entry point. The breakout is being retested, suggesting a potential confirmation of the bullish move. Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if...
Anticipating a Massive Altcoin Season: Exploring Potential Growth in Market Cap Introduction: The cryptocurrency market is abuzz with predictions of an impending altcoin season that could lead to a staggering $5 trillion Altcoin MarketCap by 2025. This forecast is grounded in historical data, fractal analysis, and chart patterns, suggesting a pattern reminiscent...
Trade Setup for BAKE/USDT: Long Position Analysis: BAKE has broken out of a falling wedge pattern, indicating a potential reversal. The current market situation involves a retest after the breakout. Entry: Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to...
THIS CHART IS BASED ON HISTORICAL DATA In the first cycle, after the ATL, CRYPTOCAP:BTC took 532 days to break above it’s previous ATH. In the second cycle, it’s taken 546 days to break above its previous ATH. If history repeats itself, we could see a new ATH around 385 days from today, possibly by December 2024. ROADMAP FOR BITCOIN HEALING First...
🚀 #TSUKA Update 📈 In the daily timeframe, #TSUKA has broken a 298D resistance and is currently in the retest phase. The price is anticipated to sustain its upward trend, aiming for previous highs. Currently trading in the Buy Zone, a bullish momentum is on the horizon. 🔍 Entry: Plan to buy in this retest 🎯 Targets: TP1: 0.0637 TP2: 0.082 TP3: ATH 🛑 SL: Close...
Bitcoin (BTC) is currently operating within a bullish channel and has recently experienced a bounce off the support provided by the ascending trendline and the 100-day moving average (MA). The cryptocurrency is presently trading within the Ichimoku cloud, accompanied by the Relative Strength Index (RSI), signaling a bearish divergence move. For bullish trend...
"Hello everyone, I hope you are all doing well. Without further delay, let's proceed to the chart." "The Bitcoin halving is a significant event in the cryptocurrency market, happening approximately every four years. It involves cutting the block reward for miners in half, reducing the new BTC supply by 50%. The next halving is expected in early 2024, occurring...