COIN: NOW IS TIME TO BUY, NOT LATERNASDAQ:COIN
COIN: NOW IS TIME TO BUY, NOT LATER
Pullback levels are so important because they allow you to understand what is happening to the stock you are trading or investing in.
Typically when a stock pulls back and peoples gains begin to deminish or losses begin to mount they let emotions take over and guide their finger to the SELL button.
But, as you can see on the chart and if you watched my don't FOMO into Coinbase video, you know that 80-90% of breakouts retest and we need to wait for that to happen before entering or adding to our position.
I present to you the pullback with levels: I'm 1/2 into my trading position at this time.
Lvl 1: The cup and Handle breakout point once resistance turned support - $283
Lvl 2: Price GAP fill at $273.50
These are the levels to watch and buy if you want into this trade.
All indicators are still BULLISH and we still have a #HIGHFIVESETUP
See previous video attached to this post if you missed the full thesis.
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Cryptomarket
BTC Dominance above the 0.382 all-time Fibonacci levelAs you already know, monitoring BTC Dominance can provide insight into the market's risk appetite and help gauge the strength of altcoins relative to Bitcoin. From now on, we’ll be tracking BTC Dominance for additional confirmation on our trading ideas. Using more information is always helpful as long as it’s simple to understand and apply—just like I aim to make it here on Trading View for both you and myself.
MOTHER Long Spot Trade (Inverse Head & Shoulder Breakout) Market Context: MOTHER is experiencing a surge in momentum as part of the meme season trend, with many meme coins showing significant gains. The price action has confirmed a breakout from an inverse head & shoulder pattern, now retesting the breakout level, offering a solid entry point.
Trade Setup:
Entry: Around $0.072
Take Profit Targets:
First target: $0.085
Second target: $0.091
Stop Loss: Below $0.070
This setup leverages the breakout and retest of a classic reversal pattern, aiming to capture further upside in the current meme coin rally. #MOTHER #MemeSeason
BTC Sustained BuysBtc has shifted into a state of consolidation which suggests that some profit taking is occurring right now.
BUT
This also means that orders are being acquired - as this is one of the main purposes and causes of what we see as consolidation.
Traders becoming interested in both buys and sells at the same time. In hopes that it would actually either buy or sell.
I can see a reality in which a trader can make a case for both buys and sells here although if I am being honest. Buys definitely make more sense to me.
As the momentum is clearly bullish and this consolidation is simply a way for the market to capture some liquidity so that it can continue with what is has been doing all along.
Another reason I believe that buys make more sense is because if we look at the green zone (Where price seemingly reversed) we can say that in fact in didn't reverse as if it did it would have not only dropped much further, quicker but it would not be floating at such a high price just after a "would be" reversal.
Remember the purpose of a reversal is to get rid of traders who were following the trend all the time, which means it needs to happen quickly or else the market risks those same traders catching on to the trick (manipulation).
I believe the green line is plausible for BTC's next move. Take out buyers below this current consolidation and then continue bullish from here - most likely beyond the high (green zone)
BITCOIN (BTCUSD) Bullish Bias Remains ₿
Bitcoin formed a strong bullish pattern on a 4H time frame.
I see an ascending triangle - a bullish accumulation pattern
with a confirmed breakout of its resistance.
A trend line and a broken horizontal structure compose a contracting
demand zone now.
Probabilities are high that bulls will push the prices higher.
❤️Please, support my work with like, thank you!❤️
SUIUSDT - Respectable!We analyzed it previously and predicted that it would fall at the level of 1.59 when it was at the previous ATH (2$) and it touched our target, respectably!!.
then we benefit of 82% profit untill now
u should check it
. This correction that we predicted was necessary to complete our journey to $5
I see now we are going higher
$5 is a definite target and I will update when I hit it🎯
Best regardes Ceciliones🎯
XRPUSDT - ALL Eyes on XRPconsolidated a massive symmetrical triangle (1426days!!)
XRP one of the leading coin in market(7 in rank with 39.131b in marketcap)
need a weekly close above the upper side to confirm the breakout
once it corfirmed it will be a pure sign of a bullish rally is ahead
BEST REGARDS CECILIONES🎯
ETHUSD Back to retest the lower highs trend line Exciting times in crypto as we speak! ETH/USD is retesting the lower highs trendline during this dip. Today’s close should give us a better idea of where prices are headed. Thanks for reading, and make the moves that feel right—or the moves that bring you profits!
Alikze »» GROK | Wave 3 or 3 bullish scenario - 1D🔍 Technical analysis: Wave 3 or 3 bullish scenario - 1D
- After a bullish cycle it has had a complex zigzag correction inside a bearish channel on the daily time frame.
- Currently, it has completed an AB=CD cycle up to the range of the negative line of the ceiling of the descending channel.
💎 To continue the upward path, it can be broken with pullback to swing or the middle of the channel up to the range of the green box, and enter the next upward cycle.
⚠️If the correction touches the bottom of the previous range, the bullish scenario is invalidated and can form a double zigzag correction.⚠️
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Best Regards,❤️
Alikze.
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MEXC:GROKUSDT
ETHBTC good time to buy? Hello everyoane and congrats to who is enjying this wonderful price action.
On the other hand ETH/BTC is retesting support at 0.786 all time long FIB.
Is this a good time to buy or should we wait? Maybe just wait for price action to unfold and then start scalling in.
BTC is looking strong and it would be advused to wait for BTC price action also to unfold and make a comparison betwen them two.
Thank you for reading and enjoy trading
Alikze »» ADA | The scenario of wave 3 or C rising super cyclesAccording to the analysis of the previous post that was presented in the 8h time, according to the cup pattern, it made a growth as high as the height of the pattern valley, after which it encountered supply.
💎 But in the weekly time, due to the fact that it created a reliable floor in the golden zone of the previous wave, it faced demand.
💎 Currently, this return wave can be a pullback to a broken structure and a swing, which should meet good demand in the 39 cents area.
💎 First scenario: Therefore, according to the structure and movement behavior, it can have the first target of 0.8789 to 0.9766 by maintaining the green box area.
💎 Alternative scenario: if the range of 39 cents is broken, it can retest the floor of the range of 23 cents again.
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BSV/USDT POSSIBLITY FOR $105Following the recent increase in BTC and based on the latest data, BSV has a good chance of entering a new trend. This suggests that BSV may gain enough momentum to break through to $107, with potential interim targets at $74, $85, and $105.
The reason for this update is that there is a high chance BSV can change a trend of break.
This depend on trend data.
Monitor BSV further to see if it can reach new levels in the coming periods.
SHIB Swing Long Idea -SHIBA Memecoin TrendSHIB is the second-largest memecoin of all time, and I believe it hasn't reached its full potential yet. We've recently seen huge rallies in DOGE and BONK (refer to my previous analysis, where we captured over a 50% rise in BONK in just two days). I expect SHIB and DOGE to continue surging in the coming weeks. Notably, SHIB hasn’t reached its Spring 2024 high yet, unlike other memecoins, which gives me additional confidence that SHIB has much more room to grow.
Technical Analysis: Price is rebounding from a monthly demand zone and has created a weekly demand zone by breaking the bearish trendline that has governed the downtrend since Spring 2024.
I'm expecting a retracement back to the weekly demand (marked as the purple zone), which aligns with the Optimal Trade Entry (OTE). It may retrace as far as the trendline, or it may not. I'll be looking for confirmations within the purple zone, labeled 'Max Discount Zone.
SL: 0.0152
TP: 0.0456 (Spring 2024 high)
AR Long Spot Trade (Support Zone) Market Context: AR has moved into a key support zone, presenting an opportunity to ladder into a long spot position. This range provides a favorable risk-to-reward ratio if support holds and the price reverses upwards.
Trade Setup:
Entry: Ladder in between $11.00 - $12.75
Take Profit:
First target: $17.50 - $20.00
Second target: $24.00 - $26.50
Stop Loss: Just below $10.00 (daily close)
This setup seeks to capitalize on the support zone for a potential reversal. #AR