Altseason
Is Kadena gonna be another next big factor?There are more than few possible bullish sign that really makes me consider Long-term position entry on BINANCE:KDAUSDT either Futures and Spot. So these are the signs I noticed :
1. Double Bottom
2. Bullish Flag
3. Breaking a minor Resistance but most close a candle above it
4. About to check Bull flag resistance 3rd time which is a very possible sign to go up even higher.
But there are few things I want to see before enter Futures position.
1. Coming down and check 1 area which used to be a minor resistance
2. Closing a candle above 2 will be confirmation of breaking Double bottom and Bull flag pattern.
I will be taking profits at those marked green lines. If it ever breaks 4.5 area I will post another Take profit interest points.
1CATUSDT Long Entry Signal Today for Degen TradersCurrent Situation:
- Today, the **trading system generated an entry signal** as the **Parabolic SAR (PSR)** turned green, signaling short-term bullish momentum.
- However, the price is still trading **below the 200-day moving average (MA)**, which remains a key resistance level.
- A **daily close above the 200 MA** would provide stronger confirmation of a long-term bullish trend reversal.
What to Watch:
1. **200-Day MA ($0.0037)**:
- A daily close above this level would align short-term bullish signals with a long-term trend reversal.
- Failure to close above the 200 MA could lead to further consolidation or even a pullback.
2. **Parabolic SAR Confirmation**:
- The green dots below the price suggest bullish momentum is in play, which could drive the price toward the 200 MA.
3. **Volume and Momentum**:
- Watch for sustained volume increases to confirm buyer confidence in pushing above this critical level.
Recommendation:
- **Conservative Approach**: Wait for a **daily close above the 200 MA** before entering or adding to positions. This would confirm the breakout and reduce downside risks.
- **Aggressive Approach**: If already in a position, monitor price action closely. Keep stops tight, especially if the price struggles near the 200 MA.
Conclusion:
The signal from the **PSR turning green** is a promising sign of short-term bullish momentum. However, the **200-day MA remains a key resistance**, and a **daily close above it** would provide the perfect confirmation for further upside.
Let me know if you'd like further insights or updates on this setup! 🚀📊
10000SATS/USDT Technical Analysis Chart Overview:
The **10000SATS/USDT** daily chart displays a **descending channel** (green lines) that has contained price action for months. Currently, the price is challenging the **upper boundary** of this channel near **$0.0027 (0.786 Fibonacci retracement)**. Momentum indicators, such as the **MFI (Money Flow Index)**, suggest strong buying pressure but also a cautionary signal as it approaches overbought levels.
Key Observations:
1. Descending Channel:
- The price has consistently respected the boundaries of the descending channel, suggesting a prevailing bearish trend.
- The current attempt to break above the channel could signal a potential trend reversal if successful.
2. Fibonacci Levels:
- **0.786 Fib ($0.0027)**: Key resistance level. A breakout here could trigger a bullish continuation.
- **0.618 Fib ($0.0045)**: Next significant resistance level.
- **0.382 Fib ($0.0066)**: Long-term bullish target if momentum persists.
3. Indicators:
- **Parabolic SAR**: Green dots below the price suggest short-term bullish momentum.
- **MFI (Money Flow Index)**: At **74.69**, the MFI indicates strong buying pressure but is nearing overbought territory, signaling caution for new long positions.
- **OBV (On-Balance Volume)**: Steadily rising, indicating gradual accumulation and supporting the potential for a breakout.
200-Day Moving Average (MA):
4. The 200-day MA aligns closely with the $0.0027 resistance, making this level a critical inflection point.
A sustained close above the 200-day MA would confirm a trend reversal.
5. Volume:
- A recent increase in trading volume supports the ongoing bullish attempt. Sustained volume will be crucial to confirm a breakout above the channel.
Key Levels to Watch:
- Resistance:
- **$0.0027 (0.786 Fib)**: Immediate resistance. A breakout could confirm a bullish reversal.
- **$0.0045 (0.618 Fib)**: Next resistance level on a bullish continuation.
- Support:
- **$0.0024 (Channel midline)**: Immediate support if rejection occurs.
- **$0.0021 (Channel bottom)**: Strong support within the descending channel.
Scenarios:
1. Bullish Scenario:
- A breakout above **$0.0027 (0.786 Fib)** confirms bullish momentum, with targets at **$0.0045** or higher.
- A successful breakout would also indicate a reversal of the descending channel pattern.
2. Bearish Scenario:
- Failure to break **$0.0027** could lead to a pullback toward **$0.0024 (channel midline)** or even **$0.0021 (channel bottom)** for further consolidation.
Conclusion:
10000SATS/USDT is testing a critical resistance zone at **$0.0027** while approaching the descending channel’s upper boundary. With **MFI** signaling strong buying interest, this setup could see a breakout and a move toward **$0.0045**, provided momentum holds. However, caution is advised as overbought conditions emerge.
Let me know your thoughts on this setup below! 🚀✨
BABYDOGE/USDT: Ascending Trendline and Key LevelsChart Overview:
The **BABYDOGE/USDT** daily chart reveals a clear **ascending trendline** (black line) supporting higher lows, indicating bullish sentiment. The price is currently consolidating near **0.00247 (0.382 Fibonacci retracement)** after bouncing from the trendline multiple times (green arrows). Key resistance levels are defined by Fibonacci retracements and recent swing highs.
Key Observations:
1.Ascending Trendline:
- The trendline has acted as solid support, tested multiple times since mid-October. A breakdown below it would indicate bearish momentum.
2. Resistance Zones:
- **0.00247 (0.382 Fibonacci)**: Current level being tested. A breakout here could target higher Fibonacci retracement levels.
- **0.00300 (0.236 Fibonacci)**: Next significant resistance zone.
- **0.00351**: The swing high from October, acting as a potential final resistance for a bullish breakout.
3. Support Zones:
- **0.00200 (0.618 Fibonacci)**: Key support near the ascending trendline. A breakdown could lead to further declines.
- **0.00140 (0.786 Fibonacci)**: Major support level if the bearish momentum continues.
4. Indicators:
- **Parabolic SAR**: Red dots above the price indicate bearish pressure in the short term. However, recent green dots (bottom) suggest the potential for a reversal.
- **MFI (Money Flow Index)**: At **53.06**, showing neutral momentum with room for further buying pressure.
- **OBV (On-Balance Volume)**: Flat, indicating that volume has not significantly picked up to confirm a trend yet.
Key Levels to Watch:
- Resistance:
- **0.00247**: Immediate resistance; a breakout could target **0.00300**.
- **0.00351**: The major swing high from October.
- Support:
- **0.00200**: Key level aligned with the ascending trendline.
- **0.00140**: Critical Fibonacci support if the trendline breaks.
Scenarios:
1. **Bullish Scenario**:
- A breakout above **0.00247** confirms bullish momentum, targeting **0.00300** and potentially the swing high at **0.00351**.
- Strong support from the ascending trendline strengthens the bullish case.
2. **Bearish Scenario**:
- Failure to hold **0.00247** or a breakdown below the ascending trendline could lead to a decline toward **0.00200** or **0.00140**.
Conclusion:
BABYDOGE/USDT is at a critical juncture, with the ascending trendline and Fibonacci levels playing a significant role in defining its next move. Traders should watch for a breakout above **0.00247** or a breakdown of the trendline for potential trade setups.
What do you think? Share your insights below! 🚀✨
TOTAL 3 is ready to BLOWUSDT, recognized as the first stablecoin, did not achieve widespread adoption even as late as 2017. Had it been more prevalent, I would have incorporated USDC and DAI into this analysis.
Nonetheless, I trust that you will find this chart beneficial for the upcoming #Altcoin season.
The total market capitalization of USDT relative to that of Bitcoin reveals a distinct correlation.
This relationship has historically indicated significant technical peaks characterized by bearish divergence, as well as bullish divergence at market bottoms, as observed in the RSI versus ratio score.
Additionally, we have established a clear target level to pursue.
LEVER/USDT Testing Fibonacci Resistance | Key Levels in Play!Description:
👋 Hello traders! Let’s take a closer look at **LEVER/USDT**, which is showing some interesting price action at critical levels.
Currently, the price is testing the **0.618 Fibonacci level ($0.0023)**, acting as a **resistance**. With **Parabolic SAR dots 🟢** below the price and bullish momentum building, LEVER could be gearing up for a breakout. The **200-day moving average (red line)** is nearby, adding to the resistance zone.
The **MFI (Money Flow Index) 💰** sits at **68.63**, indicating healthy buying pressure but nearing overbought conditions. The **OBV (On-Balance Volume) 📈** shows steady accumulation, supporting a potential bullish continuation.
Key Levels to Watch:
- **Support**: $0.0020 (recent breakout level, now acting as support).
- **Resistance**: $0.0023 (0.618 Fibonacci level) and $0.0029 (0.5 Fibonacci level).
What to Watch:
- 🟢 **Breakout Above $0.0023**: Could open the path to $0.0029 or higher.
- 🛑 **Rejection at $0.0023**: A pullback to $0.0020 (support) or even $0.0018 (lower support) may follow.
Takeaway:
LEVER/USDT is at a key resistance zone. If buyers can push the price above $0.0023, the bullish trend may accelerate. However, a rejection could lead to a healthy retracement.
What’s your take on this setup? Let me know in the comments! 💬 Feel free to **boost, share, or comment** if you found this analysis helpful! 🚀✨
SHIB/USDT Holding Key Support! | Ready for the Next Move?
👋 Hey traders! I hope you’re doing great! Let’s dive into SHIB/USDT, which is showing exciting signs of strength.
SHIB/USDT has successfully flipped the **0.236 Fibonacci level ($0.0258)** into **support** 🔄. This key level now provides a solid foundation for further upside. With **volume spikes 📊** and bullish momentum indicators 🟢 in play, SHIB might be preparing for its next big move.
**MFI 💰** is at **63.88**, signaling strong buying pressure but leaving room for more gains. The **OBV 📈** continues to rise, reinforcing the bullish trend.
Key Levels to Watch:
- **Support**: $0.0258 (0.236 Fib) — a strong level for potential continuation.
- **Resistance**: $0.035 (0.382 Fib) — the next target if buyers push higher.
What to Watch:
- 🟢 **Bounce from Support**: Holding $0.0258 could lead to a rally toward $0.035.
- 🛑 **Break Below Support**: If $0.0258 fails, a retrace toward $0.0184 (0.786 Fib) could occur.
Takeaway:
SHIB/USDT is holding a crucial support zone at $0.0258. Will the bulls 🐂 take charge for a breakout, or will bears 🐻 step in for a pullback? Let me know your thoughts below! 💬
Feel free to **boost, share, or comment** if you found this analysis helpful! 🚀✨
AAVE COIN LONG IDEA - AAVE ALTCOIN SWING LONGAAVE is a coin I monitored closely during Summer 2024. While most altcoins were making new lows, AAVE was accumulating and showed resilience, which suggested to me that it might outperform others in the 2024-2025 altcoin bull season.
Technical Analysis: Price accumulated within the monthly demand zone throughout Summer 2024. It finally took off, breaking the weekly structure and creating strong bullish momentum on the weekly and daily charts.
Price broke the bearish trendline with strong momentum and created a daily demand zone below. I’d like to see price retrace into the daily demand, hit the maximum discount area, possibly test the trendline, and then take off toward the target.
As always, look for lower time frame confirmations within the entry zone before initiating the trade.
Stop loss: $110
Target: $261
AR COIN SWING LONG - Arweave Long OpportunityAR is one of my favorite coins fundamentally. It has a strong foundation in storage and distributed computing, which could play a crucial role in integrating AI technology with crypto. I won’t go deep into the details here, but you can read more about it online if you’re interested.
Technical Analysis:
The price reached the monthly demand, ran the daily swing liquidity, and couldn't close below it. We saw a strong rejection from that level, which led to a break in the daily structure.
Additionally, we broke the bearish trendline responsible for the downtrend since spring 2024. The trendline has been retested and rejected, further reinforcing the bullish bias. I believe we could soon see strong upward momentum on this coin.
I’ve purchased a spot bag and opened a futures position at this level, targeting significant upside and potentially holding as a swing trade until all-time highs.
TRU/USDT Breaking Barriers? | Daily ChartDescription:
TRU/USDT is climbing with momentum and testing **$0.111 (0.618 Fib)** resistance! 🔥 This level coincides with the **200-day MA (red line) 📉**, making it a crucial battle zone for bulls 🐂 and bears 🐻.
Key Observations:
1. **PSR (Parabolic SAR)**: 🟢 Green dots below price = strong bullish trend.
2. **Fibonacci Levels**:
- 🟣 **0.618 Fib ($0.111)**: Major resistance ahead.
- 🟢 **0.786 Fib ($0.085)**: Key support for pullbacks.
3. **MFI (Money Flow Index)**: 💰 At **71**, showing strong buying pressure but nearing overbought territory ⚠️.
4. **Volume**: 📊 Recent spikes suggest growing market interest.
What to Watch:
- 🟢 **Breakout**: Clearing $0.111 could spark a rally toward **$0.190 (0.236 Fib)**.
- 🛑 **Pullback**: Rejection might retest support near **$0.085**.
Takeaway:
TRU/USDT is at a key moment 🚦. Will we see a breakout and rally 🌈, or a healthy dip 🌊 first? Share your thoughts below! 💬
Is it time for alts?When secondary trendline us briken it is nice to see change of structure. Last time (red lines) it failed. This time we are close to break new secondary trendline. I can se two tops to overcome (yellow horizontal). I don't like this one higher because alts can run really hard really fast. So this one feel late to the party. I will use the lower one to change a bit of BTC into high/medium caps.
Alt/UsdtBINANCE:ALTUSDT
The **current price** of the altcoin is **0.13780** 📉, and right now, we’re sitting in a **resistance zone** 🚧. This means that the price is encountering some difficulty trying to go higher, because sellers tend to step in at these levels. Resistance is like a ceiling that prevents the price from moving up freely, and traders might be watching this closely for any signs of price action.
If the price **holds** at **0.13780** 📈 and doesn't dip below this level, we could see the price pushing higher toward the **next resistance zones**. These are:
- **0.16000** 📊: This is the first major level to watch. If the price can break through this, it might indicate more upward momentum.
- **0.1803** 💥: If the price keeps moving, this is the next level that might act as a barrier. Think of it like a hurdle that could slow things down.
- **0.21344** 🚀: If the price manages to go beyond this point, we could see a substantial increase. This would be a strong indicator that the market is very bullish and demand is high.
However, if the price **fails to hold** at **0.13780** and starts dropping, then we have to look at the **support levels** 🔽. Support levels are where the price is more likely to find buying pressure, as traders see this as a "bargain" or a good entry point. These are:
- **0.1000** 💪: If the price hits this level, it might find some strong support, where buyers step in to prevent the price from falling further.
- **0.1200** 🔽: This is another level to keep an eye on. If the price drops to here, it could be another potential floor, where demand might increase and prevent a deeper decline.
In short, the **resistance zone** at **0.13780** is key—if the price can break through, we could see it head toward higher levels like **0.16000**, **0.1803**, and even **0.21344** 🚀. But if it doesn't hold, watch out for **support** at **0.1000** or **0.1200** as possible areas where the price might find a floor and bounce back up 💪.
Remember, this isn't financial advice! ⚠️ The market can be unpredictable, and it's always best to do your own research and understand your risk tolerance. Stay informed, and always trade wisely! 📚
OTHERS Weekly Chart | Testing Critical Resistance
Altcoin Market Excluding Majors ⚡Testing Critical Resistance | OTHERS Weekly Chart
Description:
The **OTHERS** chart, tracking the market cap of smaller altcoins (excluding BTC, ETH, and top majors), is approaching a **key resistance near $330B (0.236 Fib level)**. 🚨 This level has historically rejected price (see red circles 🛑), but rising **volume** and strong momentum 📈 suggest a potential breakout.
Key Observations:
1. **Parabolic SAR (PSR)**: Green dots signal continued bullish momentum, with previous reversals marked by red dots.
2. **Fibonacci Levels**:
- The price has cleared the **0.382 Fib (~$255B)**, which is now acting as support.
- Testing **0.236 Fib (~$330B)** as resistance.
3. **Volume Spike**: Recent volume surges indicate growing interest in smaller altcoins.
4. **Moving Average**: Price is trending above the long-term moving average (pink line), showing a bullish structure.
What to Watch:
- **Bullish Case**: If the price breaks and holds above **$330B**, this could lead to further upside in the altcoin market. 🚀
- **Bearish Case**: A rejection at this level may result in a pullback to support near **$255B**, offering re-entry opportunities.
Takeaway:
Smaller altcoins are gaining traction as they test a critical level. Keep an eye on volume and momentum—could this be the start of an altcoin rally, or is a pullback incoming? Share your thoughts below! 💬
TOTAL3 (Excluding ETH & BTC) Testing Major Levels |
""Altcoin Market (Excluding ETH & BTC) Testing Major Levels | TOTAL3 Weekly Analysis"
**Description**:
The **TOTAL3** chart, which represents the altcoin market cap excluding Bitcoin and Ethereum, is testing a critical resistance at the **0.236 Fibonacci level (~$900B)**. This level has historically acted as a major barrier (as seen in the past rejections marked by red circles), but recent strong volume and bullish momentum suggest the possibility of a breakout.
**Key Observations**:
1. **Fibonacci Levels**:
- Price is testing the **0.236 Fibonacci level (~$900B)** after breaking through the 0.382 level (~$760B), which now acts as support.
2. **Parabolic SAR**:
- Green PSR dots below the candles signal that the market is currently in an uptrend, while red dots above would indicate potential trend reversals.
3. **RSI Strength**:
- RSI is at **76**, indicating strong bullish momentum, though it’s approaching overbought territory.
4. **Volume Spike**:
- Recent volume suggests increasing market participation, aligning with the bullish trend.
**What to Watch**:
- **Bullish Case**: A weekly close above **$900B** could open the door for further gains, with potential for the next major move.
- **Bearish Case**: A rejection here may result in a pullback to **$760B (0.382 Fibonacci)** or lower levels, offering new entry opportunities.
**Key Takeaways**:
📈 Altcoins (excluding ETH & BTC) are showing strong bullish momentum as they approach a major resistance level.
⚡ A breakout above $900B could signal continuation, while a rejection might offer pullback opportunities.