Rounding Bottom Pattern will Make Correction on Crypto market🚨🥳I hope you have a Great weekend.
📈Today, I want to analyze the Market Cap USDT Dominance% (USDT.D%) for you, which greatly impacts the cryptocurrency market trend.
📚 What is Market Cap USDT Dominance% (USDT.D%)❗️❓
🔸 Market Cap USDT Dominance% (USDT.D%) shows what percentage of the money is on USDT. There are 2 causes of the increase of USDT dominance.
🔸The first is that investors put cash on the market from the outside, which is due to the unfavorable weather in the market. And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT. In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed.
🏃♂️What is Market Cap USDT Dominance% (USDT.D%) is currently moving in a 🟢 Heavy Support zone(5.35%-4.90%) 🟢near the Support lines and 200_SMA(Weekly) .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
✅In addition, USDT.D% has managed to form a standard Rounding Bottom Pattern , which can be a sign of the end of the downward trend of USDT.D% .
📚What is the Rounding Bottom Pattern❗️❓
🔸 The Rounding Bottom Pattern is a Reversal Pattern. It is also referred to as a saucer bottom pattern. It is a trend reversal pattern used in technical analysis to identify the end of a downward trend and the gradual price shift from a bearish to a bullish trend.
🔔I expect USDT.D% to be bullish in the coming hours and at least rise to the 🔴 Resistance zone(5.50%-5.43%) 🔴, which could cause the cryptocurrency market to a correction .
Market Cap USDT Dominance% Analyze (USDT.D%), 1-hour time frame ⏰.
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Altcoin
SUI SUPPORT BROKEN BEARISH BEARISH BEARISH !?!Rising wedge has failed it's support.
Correction to the downside seems like the most probably outcome.
I EXPECT LOWER PRICES IN THE SHORT-TERM! LONG-TERM STILL BULLISH!
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
BITCOIN|Does the BULLISH trend continue?Bitcoin chart in 4 hours time frame.
In the previous analysis, we saw that there was a significant upward movement in the area of demand that we considered.
I hope you have used this opportunity well.
Currently, Bitcoin is strongly bullish and there are no signs of weakness in the trend, so we should look for more suitable places, areas of valid demand to enter buying positions.
As you can see, Bitcoin had an initial correction up to $46,600, but it came back with demand and is currently trading in the range of $48,300! Until this moment, we have not seen a strong negative reaction from Bitcoin, and this means that the power of the Bulls is still high!
The demand ranges are ($44,900 to $45,500), ($42,800 to $43,300)respectively! In case of an upward trend, its mid-term targets are $50,500 and $52,700 , respectively!
Bitcoin Cycle Top ProjectionUsing Fib Time Zones combined with Fib Channels (both starting at the beginning of this range) I'm projecting Bitcoin's top to come March 2025 in the range of $132,000 - $144,000 .
Personally, I believe this may be THE top. Time will tell, but with the advancement of AI, the Bitcoin ETF's gaining control of a considerable amount of the BTC supply and the digital dollar vs. BRICS I see a whole change in the way we exchange value between one another.
There was A LOT of math within this, but all the time zones and each cycle's channel fall on actual fib levels.
Yes, this is much earlier than all previous cycles - which leads me to my next point...
This cycle IS different. Do you really believe now that the institutions are invested they'll give any retail investor/historic BTC trader a "good" entry?
Bitcoin's on it's run, and if you're waiting for a dip you may miss this rally...
RLB +25-60% Long Entry🚨RLBUSDT is currently sitting ~0.118 up a small 3% today. As you can see price is fighting to beat the resistance at 0.12. If we can reclaim this resistance and turn it to support a rise to 0.15 is expected with a solid 25% gain. 0.15 is also a level of resistance and we may trade between 0.15 and 0.12 until an eventual break upwards to 0.196 which is the next level of large resistance. If this move completes we can expect a 60% gain! I believe these prices are currently great to accumulate spot but I would wait for a long entry until confirmation that we breakthrough 0.12 and are headed upwards.
DYOR and bring home those gains.
For those beleiveing in the SUI coin If you believe in SUI coin I have a more degen play that could potentially give a better reward if SUI coin pumps.
We have a cup & handle forming on the weekly timeframe. I expect a little retracement before hugging the all-time time (disregarding the pump & dump at lunch) with a reacting to this zone and then breaking to the upside during the bull run.
If the bull is bigger than the previous one this could be a good gainer
Synthetix(SNX) Can Pump 🚀➕20%🚀👋Hi, I hope you have a Great Weekend🥳.
📈Today, I want to share with you an analysis of the Synthetix(SNX) project , which can increase the price by more than 🚀➕20%🚀 in the short-term .
📚 What Is Synthetix (SNX)❗️❓
Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol.
🏃♂️ Synthetix (SNX) has been moving in a Descending Channel for about 40 days and is currently moving near the 🟡 Potential Reversal Zone(PRZ) 🟡, ⚫️ Time Reversal Zone(TRZ) ⚫️, and Support line .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect Synthetix (SNX) to start rising soon and go UP to at least the top of the descending channel after breaking the Resistance line and possibly breaking this channel.
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SNXUSD 👉( SPOT )
🟢Position: Long
✅Entry Point: 3.280 USD (Stop Limit Order)
⛔️Stop Loss: 2.880 USD
💰Take Profit:
🎯 3.679 USD RR==1.00
🎯 3.987 USD (Over ➕20%)
Risk-To-Reward: 1.77
Please don't forget to follow capital management ⚠️
Please pay attention to the style of opening the position.⚠️
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❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Synthetix Analyze (SNXUSD), 4-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.
SOLANA|supply and demand areas and the best areas to buyYou can see the Solana chart in the 4-hour time frame.
What happened to Solana is that he broke a descending channel upwards, with a new upward trend that he had in the form of a channel, he was able to record a new top.
All these signs are a sign of change and we expect this new upward wave to continue.
Important areas of supply and demand are drawn on the chart.
For buying positions, on the demand areas that I specified, you can enter the position by seeing the candlestick and price patterns.
My target for buying positions is the $116 area
If it goes below the price of 86 dollars, then I will think about selling Solana and I will not buy this currency anymore
ETH - Patience Is Paying Off⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
In accordance with my previous analysis, ETH broke above the 2420 structure and traded higher to reach our target at 2670.
📈 The bulls will remain in control as long as the 2670 holds, and our next target would be the upper bound of the blue wedge pattern and 2950 - 3000 resistance.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDT dom - moon time - lambos for the peasents UPDATEUSDT dom - cliff time - moon time - lambos for the peasents
this is an update for the usdt dom idea. i was a bit early on the last idea (attached) but same shit.
pump it; i mean dump it then pump it @@
interesting to apply the fear and greed indicator to this. as you can see we just had the first red bar there.
gl
Buy her $ROSE not a Rose 🌹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
According to my last analysis of ROSE, attached on the chart, we can see that the bulls took over from a long-term perspective after breaking above the 0.055 resistance.
📈 After breaking below the 0.11 major low in red, the bears took over in the medium-term.
Currently, ROSE is bullish in the short-term, undergoing a correction phase inside the rising blue channel.
🏹 For the bulls to regain full control, we need a break above the 0.15 previous major high in blue.
📉 Conversely, the bears would take over and initiate the next bearish impulse movement if the previous low at 0.11 is breached downward.
🌹 Buy BCBA:ROSE , not a rose; it is cheaper and a longer-term investment.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
JUP - Jupiter in DANGER after Airdrop Criticism ❗📉Hi Traders, Investors and Speculators of Charts📈
Because Jupiter is newly released, we're currently seeing that first hard initial dump. This is mostly airdrop holders dumping and traders shorting on the way down. And unfortunately in the short term timeframe, there isn't sufficient buying pressure showing up to outweigh the enormous selling pressure:
Being unable to close ABOVE resistance after that low wick indicates heavy selling pressure and insufficient buying pressure, short term.
Another scary development is criticism from the community about the airdrop. According to a few news outlets, users are concerned that Jupiter is using this open market opportunity to raise funds without users being “completely aware” this was the case.
A key issue raised is about the Jupiter team’s method of offering JUP on the open market.
Users are claiming this is basically to raise funds from the open market and according to critics, this detail was not clearly communicated to those participating, leading to discussions about the level of transparency and the degree to which buyers were making informed decisions.
The Jupiter team has been very active on X and quickly responded to concerns. Meow, the founder of Jupiter, wrote in an X post that the team would have received more funds had they opted for an over-the-counter deal or a regular initial DEX offering. According to the team, the reason they had launched their token in the way they did was to ensure that airdrop recipients would be able to sell into a massive pool, while prospective buyers would have the assurance that there would be a big enough pool to absorb selling pressure from airdrops.
We have gathered just enough data from the exchanges to form a 200d moving averages in the 1h. Naturally, to even begin to consider a trend reversal, we would need to see price action ABOVE all the moving averages in the 1h:
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CryptoCheck
KUCOIN:JUPUSDT
Alchemix ($ALCX) Bullish OutlookAlchemix ($ALCX) is so undervalued right now, a hidden gem of De-Fi projects.
Falling wedge spotted in 1W time frame, if the price break the swing high then we are good to go. My target is the first major resistance/supply area around 250-400 USD. Don't miss out on this, atleast buy some small amount you will thank yourself in the future.
🚀Jupiter(JUP) is Ready to Go UP🚀🔥Today, I want to analyze the Jupiter(JUP) project for you; this is one of the trending projects and has recently been listed in the exchanges.
📚What Is Jupiter(JUP)❗️❓
As one of the industry's most advanced swap aggregation engines, Jupiter excels in delivering essential liquidity infrastructure for the Solana ecosystem. Moreover, Jupiter is actively expanding its DeFi product offerings, featuring a comprehensive suite that includes Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.
🏃♂️ Jupiter(JUP) is moving near 🟡 Potential Reversal Zone(PRZ) 🟡.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🌊According to the theory of Elliott waves , Jupiter(JUP) seems to have succeeded in forming a corrective Leading Diagonal .
📚From the point of view of Classical Technical Analysis, the Leading Diagonal is the Falling Wedge Pattern .
🔔I expect Jupiter(JUP) to rise to at least the 🔴 Resistance zone($0.57-$0.55) 🔴 after breaking the upper line of the Leading Diagonal .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Jupiter Analyze (JUPUSDT), 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.
🚧ZetaChain(ZETA) Needs Correction[➖20%➖40%]🚧🔥During the last 24 hours, the ZetaChain(ZETA) project has grown over 🚀➕200%🚀 , and it is one of the trending Tokens of the last 24 hours .
📚What Is ZetaChain (ZETA)❗️❓
ZetaChain is a novel L1 that has chain-agnostic interoperability built-in (EVM-compatible, Cosmos/IBC, Bitcoin, Dogecoin, Tron, etc.). Developers currently use ZetaChain’s messaging capabilities to send data and native value (without wrapping assets) between any chains.
ZetaChain will also support native smart contracts, which let developers build omnichain dApps that orchestrate funds across chains from a single contract.
📈From the point of view of Classical Technical Analysis, ZetaChain (ZETA) seems to have succeeded in forming the Descending Triangle .
✅Currently, ZetaChain (ZETA) has managed to break the Support line 🟢.
🔔I expect ZetaChain (ZETA) needs to be corrected, and this correction can continue until the 🎯 Targets ➖20%-40% 🎯 I specified in the chart.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
ZetaChain Analyze (ZETAUSDT), 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.
🚨Polkadot(DOT) can Drop ➖15%🚨✅The Polkadot(DOT) reacted well to the Resistance lines and started Falling again .
🌊Regarding Elliott wave theory , Polkadot(DOT) seems to be completing Corrective Waves .
🌊The structure of Corrective waves is Zigzag(ABC/5-3-5) .
🔔I expect the Polkadot(DOT) to go down to at least the🟢 Support zone($6.30-$5.67) 🟢and Support lines to complete microwave 5 of the main wave C .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Polkadot(DOT) Analyze (DOTUSDT), 4-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.
Manta Network(MANTA) is Ready to Correct at least ➖10%📈Today, I want to analyze a Token for you, which was one of the trending tokens of the cryptocurrency market in the last few days; the name of this project is Manta Network(MANTA) .
📚 What Is Manta Network(MANTA)❗️❓
Manta Network is the modular ecosystem for web3. Users can build and deploy any Solidity-based decentralized applications on Manta and leverage its technology stack to deliver faster transaction speeds than an L1 and lower gas costs than an L2.
✅ Manta Network(MANTA) reacted well to the 🟡 Potential Reversal Zone(PRZ) 🟡and started to decline.
💡In terms of Classical Technical Analysis , Manta Network(MANTA) managed to form a Rising Wedge Pattern .
🏃♂️Currently, Manta Network(MANTA) has broken the lower line of the Rising Wedge Pattern and is moving in a small ascending channel , which can act as a pullback .
🌊According to the theory of Elliott waves , it seems that the Manta Network(MANTA) has succeeded in completing five impulse waves , and we should expect corrective waves in the coming days.
🔔I expect Manta Network(MANTA) to fall at least to the 🟢 Support zone($3.365-$3.260) 🟢 after breaking the lower line of the ascending channel, and it is likely to experience further falls .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Manta Network Analyze (MANTAUSDT), 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.
GT Protocol(GTAI) Can Pump At least 🚀➕40%🚀🔥Today, I would like to introduce you to one of the interesting projects that has emerged in the field of Artificial Intelligence(AI) . According to technical analysis, this project has a 🚀➕40%-60%🚀 chance of profiting from it. The name of this project is GT Protocol(GTAI) .
📚 What Is GT Protocol(GTAI)❗️❓
🔸The GT Protocol's robust ecosystem merges an investment protocol for decentralized Web3 funds management with Blockchain AI Execution Technology, both accessible through the GT API SDK.
🔸The ecosystem includes the GT APP, a Web3 investment platform, which has already amassed 70,000 registered users and has achieved notable milestones, including becoming an official broker of the Binance exchange and securing a partnership with the TRON blockchain.
🏃♂️ GT Protocol(GTAI) is moving near the 🔴 Resistance zone($2.38-$2.18) 🔴 and the upper line of the Descending Channel .
🌊According to the theory of Elliott waves , GT Protocol(GTAI) has managed to complete its five impulse waves so that the fifth wave was truncated .
🌊Currently, GT Protocol(GTAI) is completing corrective waves.
🔔I expect GT Protocol(GTAI) to rise to at least the 🔴 Resistance zone($2.38-$2.18) 🔴 after breaking the upper line of the Descending Channel. The start of GT Protocol(GTAI) increase can also start from the 🟢Support zone($1.74-$1.57)🟢 and 🟢Support zone($1.97-$1.85)🟢 .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
GT Protocol Analyze (GTAIUSDT), 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.