ben_walther

ben_walther

Here we go with today's token deep-dive. This time, I analyzed Beta Finance. Here's what you get: - About the token + tokenomics - Chart analysis - Technical indicators - Trade setup Ready? Let's go! ‣ About Beta Finance Beta Finance is a decentralized finance (DeFi) platform focused on offsetting crypto volatility and enabling market stability. It allows...

ben_walther

Alright, so let's discuss what happened. Take a look at the chart below. It's Bitcoin's weekly chart containing the Ichimoku indicator. The Ichimoku Cloud is a comprehensive technical indicator. It consists of several elements. Here are the ones that are important in this case: Tenkan-Sen (blue line in the chart), Kijun-Sen (red line in the chart), and Kumo...

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Ponke (PONKE) might be gearing up for its next move after a period of consolidation following its massive pump in early October. Here’s what to watch as the token forms a symmetrical triangle—potentially setting the stage for a bullish breakout. Let's dive into all details! ▸ About + Tokenomics - Token Name: Ponke - Symbol: PONKE - CoinMarketCap Rank: 229 -...

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Jupiter is getting ready for a potential breakout as it nears the tip of a descending triangle. Here’s what you need to know: ▸ About JUP Jupiter is a Solana-based exchange offering token swapping, limit orders, DCA, and asset bridging. ▸ Chart Analysis Jupiter has been in a descending triangle since April. Resistance holds at 0.66-0.71, with a downtrend line...

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Bitcoin continued to consolidate between 60-61k yesterday. So far, 60k turned out to be a strong support level. Each dip to that level was bought up quickly. At the time, we see many altcoins bouncing nicely today. However, I don't think we are out of the woods yet and remain very cautious. Here's why: ‣ Bear Flag Pattern: Bitcoin continues to build a bear flag...

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Injective's chart is setting up for something big. Let's look at what's brewing and how you can make the most of it! Key Chart Observations ‣ EMA200 Test: INJ broke above the crucial 200 EMA. This is always a key level to watch for any trend reversals. If INJ can hold above this level, it will signal a major shift in momentum. ‣ Descending Channel: Besides the...

ben_walther

After months of a downtrend, ADA seems to have found a bottom. Finally, slightly above the $0.30 level. Moreover, ADA printed a higher low on the daily timeframe, signaling buyers are stepping in at this level. However, it's definitely not time to rush into a trade yet. In this post, I will explain everything you need to know to set up a proper trade. So,...

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Streamr (DATA) took a hit, dropping more than 8% intraday, but a lot on the chart suggests a potential turnaround is in play. 1️⃣ Chart Breakdown First, let’s focus on the bottoming formation. While it’s not a textbook cup and handle, it does display some similarities, with a rounded bottom followed by consolidation. This gradual bottom-building structure...

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Bitcoin consolidated between $63k and GETTEX:64K over the weekend, with $62.8k as short-term support. However, it’s still struggling to break into the liquidity zone above $64.5k. As Monday began, the volume did not significantly increase. So, we’re waiting for the U.S. session to kick in for more action. Overall, the technical indicators remain favorable....

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It's time for some more chart analysis! Today, I take a closer look at Arbitrum and try to find out if the token offers a promising trade setup. Let's dive in 👇 1️⃣ Current Chart Situation • Arbitrum (ARB) broke out of its long-term downtrend in early September after forming a double bottom at ~$0.48. • While technically out of the downtrend, two critical...

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More and more altcoins have started to print super -exciting charts. ROSE is one of them. Let's dive in and see how a potential trade could be tackled. 1️⃣ Background ROSE broke out of its downtrend that started in June. More importantly, the breakout was driven by substantial volume. Even better, ROSE cleared the key resistance at $0.068 after the...

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At the end of August, RUNE made a significant breakout from its long-term downtrend channel, signaling a strong trend reversal. Moreover, it was followed by multiple successful retests, adding further credibility to the changing momentum. In addition to the breakout, RUNE has also formed an inverse head-and-shoulders (H&S) pattern, a classic reversal indicator....

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SUN/USDT shows signs of strength after a period of consolidation followed by a U-shaped bottom formation. This pattern often signals the end of a downtrend and the potential for an upward move. We’re waiting for a clear close above the ~0.028 resistance level (marked by the grey consolidation area) for a safe entry. A close above this level confirms the breakout...

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DOG is showing a classic double bottom, signaling the potential for a reversal. The recent price action points to consolidation, with strong volume supporting this move. We’re waiting for a breakout above $0.0028. A clean close above this level could ignite the move higher. First target is $0.0037, giving a solid upside from current levels. If the broader market...

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On the 4H Chart, Bitcoin broke out of the ascending channel, which was a super important step. Initially, it looked like a rejection was in place, but Bitcoin is holding this level for now. We’re not out of the woods yet, but the chart is starting to look better. Good. The chart still shows strength based on all the indicators we discussed lately. MACD looks OK,...

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Kava (KAVA) has shown significant strength with a recent massive breakout, accompanied by heavy volume—always a promising sign. Before this move, KAVA had formed a solid double-bottom pattern, a classic reversal indicator suggesting that selling pressure has been exhausted. What I Am Watching $0.43 Resistance: The latest pump was rejected at this level,...

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SAGA has been quietly accumulating since mid-June, with the volume during this period significantly higher than on its earlier drop. This signals strong accumulation and interest at the lower levels. Now, with a breakout above the key $2 level, the token has made a decisive move. This could just be the start of a larger run. The next resistance is at $2.80, and a...

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Kadena (KDA) has captured significant attention today. The token is one of the top gainers, with a peak of over 30% in intraday trading (it is currently still up +18%). The surge has been driven primarily by Binance’s announcement of launching USD-margined perpetual contracts for KDA. The big question is: Does this pump signal a long-term reversal, or is it a...