Hello, traders! We've all been anticipating the altseason, but its timing and triggers have been uncertain—until now. The recent weekly chart of Total 2 reveals something worth analyzing. How can Total 2 help us analyze the altseason? Total 2 represents the crypto market capitalization excluding BTC, essentially capturing the market cap of all altcoins...
Hello, traders! In my previous update on the daily timeframe, I mentioned a possible rejection for BTC, which has now occurred. The $69k level was expected to hold as support, but it failed, and the price is currently trending at $68k, which remains a support level, though a weaker one. On the weekly timeframe, BTC is still showing strong support, but if we see...
BTC didn't hit the ATH but did rally as high as $73,620, aligning with our weekly analysis. The BRR pattern played out well. On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection. Looking at the daily timeframe, BTC is likely to...
Hello, traders! Today, we’re going to analyze BTC in a weekly timeframe. In the next 7 hours, BTC will likely confirm a major breakout with a weekly close above the parallel channel resistance. BTC has been attempting to break above this resistance for quite some time, and it looks like the breakout is finally happening. A weekly close above the resistance will...
On the daily timeframe, BTC is showing signs of rejection. If this rejection plays out, be prepared to see BTC drop to $62k, where the 100 EMA provides support. The RSI indicates weak momentum and will likely reach the oversold zone. The only way we could see a positive move is if BTC breaks out and closes above $68k on the daily chart, which could then target...
Hello, traders! Let’s analyze ETH on the weekly timeframe. ETH is currently at its support trendline, and a rebound is expected soon. In the past, ETH has consistently respected this trendline, and we can expect a similar move this time. A rebound from the current price could easily target the all-time high of $4868, which would be a 128% gain from the support...
Hello, traders! BTC is once again showing signs of rejection, so be prepared. In the past, we saw a similar situation where BTC was rejected from the same resistance trendline. The RSI is in the overbought zone, indicating a potential loss of momentum. At this point, we need to be cautious with our leveraged long positions. If rejection occurs, we can expect the...
USDT dominance is once again approaching its support trendline. Since March 2024, this trendline has been holding, and for the market to turn bullish or for an altseason to begin, USDT.D must break below this support trendline. However, we need to be cautious about a rebound. If USDT dominance rebounds from the support, BTC and other altcoins are likely to...
SOCIAL has been in a downtrend since the day it was listed. However, we can see some decent momentum in the price, showing potential for a reversal. There’s resistance at $0.003921; if the price breaks above this level, a bullish rally can be expected. The support for SOCIAL is at $0.002404, which is its all-time low. Trade Setup: - Entry: CMP. - Accumulation:...
Hello, traders! I hope you're all doing well. Here’s a trade setup for the CATDOG meme coin on the 4-hour timeframe: - Confirmation: Breakout above the resistance trendline. - Entry/Accumulation: $0.00003316 to CMP. - Stop Loss: $0.00002944. - Leverage: 3x-5x. - Targets: $0.00004867, $0.00005483, $0.000062, $0.000070, $0.000082, $0.000095. Note: Accumulate on...
Long DEGEN/USDT DEGEN has broken above the resistance trendline and is now trending above the 50 EMA. A potential rally from the current price could lead to a positive move for DEGEN. Entry: CMP or wait for the retest at $0.00722. Accumulation: $0.007 Stop Loss: $0.00659 Leverage: 5x Targets: $0.00853, $0.00935, $0.01010, $0.01088, $0.01178 Be sure to use...
Hello traders, Here's an update on BTC in 8-hour timeframe. After reaching a high of $66.5k, BTC saw a 10% rejection. Currently, it is trading below the 100 EMA, and unless BTC breaks and closes above the 100 EMA, the bearish trend will likely continue. It will be interesting to see whether BTC makes a comeback or rejects further down to $54k. The RSI is...
Hello Traders, I hope you are all doing well. USDT dominance has rebounded as per our previous analysis. It bounced perfectly off the 5.20% support trendline, causing BTC and other altcoins to drop. If the dominance continues to rally from here, be prepared for a significant market crash. On the positive side, this could present a good opportunity to buy BTC...
BTC Update: BTC is still struggling to break above the dotted trendline, technically forming a hidden bearish divergence. In my previous update, I mentioned that BTC must close above GETTEX:64K on the daily chart to invalidate this hidden bearish divergence. At the moment, we are seeing a rejection, and the 100 EMA (yellow line) needs to be held as support. A...
🚀 Trade Setup Alert: #CKB 🚀 🔑 Entry: CMP, accumulate up to $0.0164 📉 Stop Loss: $0.01572 ⚡ Leverage: 5x-10x 🎯 Targets: 1️⃣ $0.0181 2️⃣ $0.0192 3️⃣ $0.020 4️⃣ $0.0208 🔥 This is a quick scalp setup! Be sure to book profits as you go. Always trade smart and use your SL! 📊 Pro Tip: Risk management is key. Always DYOR and have a plan. Let’s aim for those gains! 💰
USDT dominance is down 15% since our last update. This drop has allowed BTC and other altcoins to rally, and the trend is still ongoing. The recent chart indicates the continuation of the bearish move, with the current dominance at 5.48%. It has yet to test the support trendline, meaning the market still has some room for the rally to continue. However, we’ve...
#SUI has broken above the yellow dotted resistance trendline and is likely to continue its bullish rally. The price has shown a decent rebound, forming a support trendline, and is aiming to reach the upper resistance trendline. Trade setup: Entry 1: CMP Entry 2: $0.54-$0.62 Targets: T1 $1.34, T2 $1.85, T3 $2.57 Trade type: Spot Note: Accumulate on dips and...
A 14x gain in a month is outstanding, but are we done with the gains, or is there more to come? Let’s find out. Recently, SUNDOG broke above the resistance trendline and successfully retested it. Now, it needs to hold the support (previously resistance) and bounce back to continue its bullish rally. If this analysis plays out, we can expect SUNDOG to make a new...