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CRONOS: THIS ALT can EASILY +100% From Here - CROUSDTCOINBASE:CROUSD Cronos is an altcoin that I've been bullish on since the beginning for the year, and we've already seen our first two TP Point (Take Profit Points) hit, UP +40%. The good news is that CRO still has HUGE upside potential, with the next TP +100% from where the price is currently trading in accumulation zone. In the 4h, we see a clear reversal and turn towards the upside, indicating bullish momentum showing up in the short timeframes. This is as good as it gets buy zone, because we have just finished our correction and successfully retested the 50d Moving Averages in the weekly timeframe: This could take some time to play out, but patience is your friend! ________________________________
Long
by CryptoCheck-
PEPE : All Time High STILL COMING! Here's WhyBINANCE:PEPEUSDT 🐸 I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far. Assuming that corrective wave 3 - 4 (current wave) retraces as low as point 1 (BUT NOT LOWER), this put's our formula roughly as follows: It's important to note that Elliot Wave theory follows strict rules, and it's usually a multi-month playout. This means that there might be many weekly candles before finally turning around to complete the final wave 4 - 5. For a SHORT TERM analysis on PEPE, see here👇: ____________________________
by CryptoCheck-
ETC - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETC has been overall bullish , trading within the rising wedge in blue. Currently, ETC is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting strong support zone marked in green. 🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #ETC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
Could we get better position to enter?This is my idea of how DOGE will go in near future. I think DOGE is still consolidating like BTC, looks like we might see little pullback to 0.12-0.13 area. That means completing 5 waves of Elliot wave theory. 0.13 might sound awful for those who invested in, but if DOGE ever hit 0.12 area again that means checking that area 3rd time and its gonna be huge confirmation to go up, maybe even higher high. Unless DOGE could close candle above 0.18 in 1D and 1W timeframe it is most likely to go down before the big impulse.
by terayu
Notcoin(NOT) Analysis==>> Symmetrical TriangleNotcoin(NOT) is moving in a Symmetrical Triangle Pattern . According to the theory of Elliott waves , it seems that Notcoin(NOT) is completing the last wave(Y) of the Double Three Correction(WXY) . I expect Notcoin(NOT) to break down to at least the Support zone and the Uptrend line . Note: If Notcoin(NOT) is able to break the support zone, we can expect more dumps. Note: An important point you should always remember is capital management and lack of greed. Notcoin(NOT) Analyze (NOTUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
11
Notcoin(NOT) needs Correction ===>>-30%Notcoin(NOT) is up more than +30% , as I expected in yesterday's post . According to the theory of Elliot waves , it seems that the main wave 5 has ended, and the confirmation sign of the end of wave 5 can be the breaking of the Uptrend line . I expect Notcoin(NOT) to correct at least -30% and fall into the support zone . Note: An important point you should always remember is capital management and lack of greed. Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
39
Ethereum Classic ETC 300$ on bullrun cycleOn my chart you can see accumulation phase from 12$ to 50$ , price can't broke the support level 12$ since January 2022. Also there are one more accumulation inside with range 12$ to 26$ which continues from December 2022 - 1 year of accumulation phase. On lower timeframe you can see how price works with lower liquidity and also leave compression of liqiudities which will be the fuel for bullish movement, the same view was on previous bullrun. If you enter right now and wait a time , you can easily hold ETC before ATH happen, it will be 10x from enter. The same situation with ETC/BTC and ETC/ETH , price works well with lower liquidity . Also miners can't mining ETH and a lot of people decided mining Ethereum Classic , also I believe ETH can help his brother ETC to pump coin . MAX marketcap of ETC was 14b, and that time when Litecoin had 22b, Chainlink - 20b.
KRAKEN:ETCUSDLong
by Pavkos3
5
SHRAPNEL easy x2 in short term On my chart you can see that price found support level after 2 months pullback and now we see reaction. Also I see divergence on h4 timeframe. Price left liquidity compression with red OB and Imbalance , at first I want to see price going to red block and next making ATH. How higher it can go I don't know, but I know that big venture Polychain Capital supports the project, it is the first blockchain multiplayer shooter with 8% circulating supply, I think it may pump easily.
Long
by Pavkos3
Near Protocol: Bullish Breakout or Bearish Signal? Near Protocol: Bullish Breakout or Bearish Signal? A Potential 37% Downturn Near Protocol (NEAR) has been a beacon of relative stability in the volatile cryptocurrency market of 2024. While other altcoins have plunged, NEAR has managed to hold its ground. However, a recent price movement has some analysts sounding the alarm, suggesting a potential 37% crash on the horizon. Wedge Pattern and the Analyst's Call In early May, NEAR formed a technical chart pattern known as a "wedge." This pattern is characterized by price fluctuations confined within a narrowing range, with trendlines converging towards a point. While breakouts from wedges can signal either bullish or bearish continuations, the specific characteristics of NEAR's breakout have a crypto analyst predicting a significant downturn. The analyst argues that the way NEAR broke out of the wedge is a bearish indicator. They believe the price may experience a period of consolidation around its current level ($7.30 as of May 31, 2024) before an "impulsive" downward movement. This movement could initially see the price drop by 8% to $6.78, followed by further declines to $6.00 and a potential bottom around $4.60. If this scenario plays out, NEAR would experience a total decline of 37%. Metrics Supporting the Downturn Theory The analyst's prediction finds some support in recent developments surrounding NEAR's market metrics. After a strong start to 2024, NEAR has seen a decline in price over the past month. This price drop coincides with a notable decrease in daily trading volume, suggesting a potential weakening of investor interest. While NEAR has outperformed many other altcoins, the overall bearish sentiment in the cryptocurrency market could also play a role in its future price movement. A broader market downturn could drag NEAR down even if its project fundamentals remain strong. Understanding Wedge Patterns and Analyst Predictions It's important to remember that technical analysis, including wedge patterns, is not an exact science. Past performance is not always indicative of future results. While the analyst's prediction offers a bearish perspective, it's just one voice in a crowded space. Here are some additional factors to consider: • Positive News and Developments: News about partnerships, project developments, or upcoming upgrades could trigger renewed investor interest and push the price upwards. • Market Sentiment Shift: A broader shift in market sentiment towards optimism could buoy NEAR's price regardless of the technical indicators. • Unforeseen Events: Unexpected events, both positive and negative, can significantly impact the cryptocurrency market. Investor Takeaway: Research and Diversification The potential for a 37% decline in NEAR price should be a wake-up call for investors. It underscores the inherent volatility of the cryptocurrency market. Investors should thoroughly research NEAR's project fundamentals, roadmap, and broader market outlook before making any investment decisions. Diversification is also crucial. Spreading investments across various cryptocurrencies and asset classes can help mitigate risk. Conclusion Near Protocol's recent breakout from a wedge pattern has sparked debate among analysts. While some see a potential 37% crash on the horizon, others remain cautiously optimistic. Ultimately, the future price movement of NEAR will depend on a combination of technical factors, project developments, and broader market sentiment. Investors should carefully consider all available information before entering or exiting any NEAR positions.
Short
by bryandowningqln
1
Ondo Ready For $3 Price Action The main trend shows a significant rise from a low of around $0.35 to reach over $1.20, with the price currently hovering around $1.24. The next major resistance based on the Fibonacci Extension is around $1.95 (1.618) and $2.80 (2.618). The price formed an ascending triangle pattern before breaking out upwards, indicating bullish strength. The pattern is supported by the dynamic support line of the trendline and breakout at around $1.23. Indicator - The price is above the 21 EMA, indicating strong short-term bullish momentum. The 21 EMA also acts as additional dynamic support, currently located around $1.05. - Stochastic RSI is at a medium level, neither overbought nor oversold, which indicates that there is still room for further increases before a potential correction. Price Target Using Fibonacci Extension, the next upside targets are at level 1,618 (around $1.95) and level 2,618 (around $2.80). These targets are based on previous movements measured from the last breakout of ascending triangle. Overall market sentiment is bullish with prices consistently making higher highs and higher lows, indicating investor confidence in price moves higher. In conclusion, the Ondo chart shows strong bullish potential.
Long
by CryptoWizard_
1
Notcoin(NOT) is Ready for another PUMP===>>+30%+40%Notcoin(NOT) has increased by more than +120% in the last five days. One of the main reasons for this increase is that the Notcoin(NOT) team announced its new AirDrop and new ways for game users to earn money, which led to investors' interest in the token once again. In terms of technical analysis , with the help of the Rounding Bottom Pattern . According to Elliott's wave theory , Notcoin(NOT) seems to have completed wave 3 and is currently completing wave 4 . If the one-hour candle closes above $0.009136 , we can confirm the end of wave 4 . I expect Notcoin(NOT) to rise to the Potential Reversal Zone(PRZ) after wave 4 is completed. Note: An important point you should always remember is capital management and lack of greed. Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
15
Solana's Phantom Wallet Introduced Bitcoin Ordinals integrationSolana ( CRYPTOCAP:SOL ), the popular cryptocurrency, has been regaining attention as it hosts Bitcoin Ordinals on its associated Phantom Wallet. The platform has announced that Bitcoin support is now out of beta and available to everyone, eliminating the need for users to rely on centralized exchanges or unfamiliar wallets for collecting Ordinals. The team of developers at Phantom has dedicated themselves to enhancing the Bitcoin experience since its beta debut in December 2023. Users can now buy and sell Ordinals and BRC-20s through various apps such as Magic Eden, Atlas 3, Ordinals Wallet, UniSat, BeFi Labs, Matrica Labs, Ordiswap, Hello, and Gamma. Solana's low cost and high-speed network attracts users due to its low cost and high-speed network. PayPal recently expanded its stablecoin, PYUSD, to the Solana ( CRYPTOCAP:SOL ) network, marking a significant leap in expansion for the online payment platform. The Phantom Wallet offers comprehensive crypto management, including recursive inscriptions and ledger compatibility. Users can securely manage their Bitcoin, Ordinals, and BRC-20s in one account through the mobile app and browser extension. The Collectibles tab allows users to discover and manage rare sats, check total sat amounts, and view "satributes" for each UTXO. Additionally, Phantom offers simple address management, enabling Native Segwit, Taproot, or both. This comeback simplifies the process of transferring and buying Bitcoin instantly, offering a comprehensive and streamlined experience for all crypto needs. Solana ( CRYPTOCAP:SOL ) has manage to regain the $170 pivot again validating its position as the third to Ethereum ( CRYPTOCAP:ETH ). The Altcoin has a Relative Strength Index (RSI) of 55.62 which is primed for a trend reversal. In the short term, Solana's ( CRYPTOCAP:SOL ) daily price chart shows a rising trend pattern from an initial falling wedge pattern.
COINBASE:SOLUSD
by DEXWireNews
1
BTC - 4H another fall for nowThese are important zones and trendlines on the BTC chart. Bitcoin is currently within an ascending channel and is moving towards the bottom of this channel. The Liquidation Heatmap chart highlights a significant liquidity zone just below the $65910 level. BTC is likely to target this liquidity, potentially driving the price downward to capture this value. This movement aligns with the ongoing trend within the channel. There is a crucial support spot at the bottom of the channel, just beneath the identified liquidity zone. This support level is expected to provide significant buying interest, potentially stabilizing the price and preventing further decline. Traders should watch this area closely, as it could be a pivotal point for BTC, either halting the current downtrend or providing a bounce-back opportunity within the ascending channel.
COINBASE:BTCUSDShort
by Sober_Trading