$NAKAUSDT - Bullish Reversal Setup - $6 in The Horizon!KUCOIN:NAKAUSDT - Bullish Reversal Setup
Weekly Chart: KUCOIN:NAKAUSDT is showing strong signs of a trend reversal and has confirmed multiple bullish triggers.
Although the monthly chart is not yet ready, we are seeing an attempt to break above the 2024 Open, which could signal a potential move upward.
I’ve entered a small position at current levels, with larger bids set between 1.45 - 1.33 in case of a retracement.
Cryptomarket
Doubling Down on Gaming: $DUEL Set to Soar ATHsDecided to increase exposure in the gaming sector. Already holding $NAKA and INDEX:GALA , now adding BYBIT:DUELUSDT to the mix. I'm also eyeing BINANCE:VANRYUSDT , but for now, these three will be my focus.
I entered BYBIT:DUELUSDT at 0.005, aiming for an exit near the previous high—roughly a 5x from here. Looking forward to seeing where these plays take me in Q1!
Performance of my sentiment cycle indicator (PAID)“Discover the power of the Sentiment Cycle Indicator! With its ability to pinpoint bullish and bearish trends, avoid sideways markets, and capture major market moves like 4,400 and 2,400+ points, this tool is a game-changer for traders. Don’t just take our word for it—test it yourself and see how it can enhance your trading decisions. Whether you’re a beginner or a seasoned trader, this indicator is designed to give you the edge. Start your journey to smarter trading today!”
Signal Accuracy: The green (buy) and red (sell) markers show precise entry and exit points in alignment with the sentiment cycles.
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$BRETT - Entry in Demand Zone, Target Above 50c$BRETT is currently in a small correction within a demand zone. Any price under 14c is a good entry point, with 12c being an excellent opportunity. If we see a drop to 12c, treat it as a gift.
Looking to sell above 50c, targeting a strong upside once the price rebounds from this zone.
$FET is the Sleeping Giant Awaiting a 5x!I've been fond of NYSE:FET , and this is one of the last chances to enter. Anything close to $1.55 is a great entry point.
Looking at the weekly and monthly charts, everything is aligned for higher prices. I've made two previous posts with different entry points, and I believe this is the last opportunity to enter before it moves up.
I plan to close this position if it closes below $1.27 on the weekly, which is just below the weekly mode. My goal is to hold this all the way to just under $10.
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December is for buying. So I think we will get a couple chances to add to it.
XRP/USDT 4-Hour AnalysisXRP/USDT 4-Hour Analysis
On the 4-hour time frame, XRP/USDT is forming a small bullish pennant pattern. Using the height of the previous leg as a projection, the first target is in the green zone 1.
To change the current structure of lower lows (LL) and lower highs (LH), the price needs to form a new higher high (HH). This also requires breaking through the pink resistance zone, which is a critical level to watch.
Targets:
First target (green zone 1): $2.87
Second target (green zone 2): $3.35
It’s essential to monitor the breakout of the resistance zone and confirm bullish momentum to reach these levels.
ETH/USDT IN 15 minutes AnalysisETH/USDT 15-Minute Analysis
On the 15-minute time frame, ETH/USDT has successfully broken out of a triangle pattern, indicating potential bullish momentum. If the breakout is supported by strong volume and sustained buying pressure, we can expect the price to move toward the green target zone.
Target zone:
The green zone is the current target area, aligning with the measured move from the triangle breakout.
At this moment, it’s crucial to monitor whether the price finds support at the breakout level to confirm the continuation of the trend.
OM ANALYSIS🔴 #OM Analysis :
🔮There is a formation of "Bullish Pennant Pattern" in #OM in 4hr time frame. #OM is trading around its all time high level. We may see a little retest before a bullish move
⚡️What to do ?
👀Keep an eye on #OM price action. We can trade according to the chart and make some profits. ⚡️⚡️
#OM #Cryptocurrency #Breakout #DYOR
Alikze »» Link | Scenario wave 1 of 3 rising - 1D🔍 Technical analysis: Scenario wave 1 of 3 rising - 1D
- It has been moving in a downward channel on the daily time frame.
- Currently, with the failure of the descending channel, in the case of a pullback to the ceiling of the channel or the range of 12.50, it can have the target of 16 to 17 dollars in the first step.
- This ascending wave is the previous wave. But in a longer-term perspective, wave 2 correction in the green box range has ended.
- Therefore, this recent motivational wave, micro-waves, wave 1 out of 3 is rising.
💎 In addition, this increasing wave can continue to climb up to Fibo 1.272 and 1.618 if the supply zone is broken.
⚠️ Note: If the candlestick closes below the 12.50 zone, the bullish scenario is invalidated and can retest the green box zone. ⚠️
💎 Currently, according to the momentum, the first scenario or the bullish scenario is more likely.
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BINANCE:LINKUSDT
Bullish DIP: ETH $2530 Before Massive Move to New ATHPrior cycle fractals show that ETH has a macro resistance which lasts multiple years.
Upon touch of resistance at the bottom of wedge it will drop more than 30% - before pumping multiple thousands of percent as the flagship coin for alt season.
This is probably what will happen with the current dip. The entire crypto market is currently being controlled by this phenomena - a one week 'flippening'.
Alts will follow in ETH's lead and the bull market frenzy will truly begin.
Not financial advice, for entertainment only.
XRP BOOM!XRP REACHED 400% gains in the month of November before a pull back to the previous breakout zone. Ripple CEO appeared on 60 Minutes for a brief interview to introduce the world to the entire crypto industry as a whole. Although it was bias news, it was great news. On 12/10/24 Brad Garlinghouse announced that $RLUSD has been approved and will be listed on exchanges soon.
I look for XRP to reach towards $3+
The price target varies. If RLUSD approval quickly helps XRP rise, the mere adoption of the US backed stable coin and the possible overtaking of competitor Swift. XRP could reach milestone levels, above the $100-$500 range. After trump gets in office, gensler steps down, and regulations are made in the congressional seats. Ripple could grow to see ETH type numbers. This would be dependent on financial adoption and utilization around the world. Keep an eye on this. Good luck!
SOL $260 - Bounce from Support for 26.72% ReturnAltcoins, including BINANCE:SOLUSDT , got hit today and tumbled more than 10%. Nevertheless, the situation remains bullish overall. Solana hit support at $204.00 and bounced right off from it. We're currently targeting the last HH (higher high) at $260.00 which could give us up to 26% in return for this trade. Of course, if we break below $204.00 and close the daily candle there the trade would be disqualified.
We are also inside a bullish flag (blue channel) that looks like a healthy consolidation of the former leg up we made during November.
Support Zone:
$204.00
Resistance/Target Zone:
$260.00
Let me know what you think!
TotalCrypto Market Pullback: What's Next for the Bull Run?Hello, crypto enthusiasts!
How are you today? I hope you're doing well and not letting this price action ruin your day. Times like these can be tough if you're unprepared or trading with emotions instead of following a proper plan or system.
This chart represents the **Total Market Cap** of cryptocurrencies, and as we can clearly see, it's heading down. Today marks the second consecutive day of downside price action, accompanied by increased volume.
Yesterday was the ideal exit point for the long trade that started after the U.S. elections. The signal was simple: **price pierced the PSAR**, indicating that the trade should be closed. While this index doesn’t represent an actual tradable position, it reflects the system's logic. Since this index aggregates the price action of all crypto assets, its decline suggests that most crypto assets are also experiencing downside pressure. While exceptions exist, this is the general trend.
Technical Analysis with Oscillators
- **RSI**: The Relative Strength Index has dropped from overbought levels (above 70) and is now at **~52**, signaling weakening bullish momentum. This suggests a potential continuation of the downtrend.
- **MACD**: The MACD line is trending down and crossing below the signal line, which indicates bearish momentum. This crossover often signals a further downside.
- **OBV**: The On-Balance Volume is showing a decline, confirming that selling pressure is dominating the market, supporting the bearish move.
What’s next?
- **First Target**: The 2021 top, marked by the black line, where we may see a reaction.
- **Second Target**: The **0.236 Fibonacci retracement level**, which provides another possible support area.
Of course, nothing is ever certain in trading. Tomorrow, the market could rally and ignore all current signals, but for now, the price appears to be trending downward.
A few reminders:
- In crypto, things rarely go the way we want.
- Stay prepared for every scenario and keep your portfolio ready to re-enter the market.
- Avoid letting hope and fear dictate your decisions—they won’t lead to profit.
I'll keep monitoring the markets and share my thoughts as they develop.
If you found this analysis useful, feel free to like, share, or comment below. And as always: **stay safe and keep calm!**
Bitcoin Halving 4: The Dawn of a New Bullish Era with a $150,000Introduction
The fourth Bitcoin halving, anticipated on April 15th, 2024, marks the beginning of a new era, reinforcing Bitcoin's deflationary narrative and catalyzing its cyclical market dynamics. With 90% of Bitcoin's supply already mined and a reduced block reward of 3.125 BTC, scarcity is set to increase, setting the stage for a bullish trajectory.
Historically, Bitcoin’s halving cycles have driven predictable phases: bullish trends in the initial 70,000 blocks, bearish retracements in the next 70,000 blocks, and sideways consolidation in the final stretch before the next halving. As we step into the bullish phase of Halving 4, this analysis explores Bitcoin’s trajectory toward a potential peak of $150,000, supported by historical patterns, logarithmic regression models, and on-chain metrics like the MVRV ratio and z-score.
Where Are We Today?
Having experienced the lows of the third halving era, which began on May 11th, 2020, Bitcoin has successfully weathered the sideways phase characterized by market equilibrium. With the MVRV ratio at 2.24, Bitcoin is signaling fair value, poised for the bullish uptrend expected in the fourth halving era.
Historically, Bitcoin’s market dominance reflects this cyclical behavior. During bearish and sideways phases, dominance often falls below 40%, but as the bullish phase takes hold, dominance surges to 70%, bolstering its influence over the entire cryptocurrency market. These dynamics suggest that Bitcoin is primed for significant price appreciation.
Halving Cycles and Price Projections
The logarithmic regression model shown in the chart encapsulates Bitcoin’s historical price patterns. The projected target of $150,000 aligns with the intersection of Bitcoin's parabolic uptrend and its logarithmic regression of highs. Key milestones include:
Post-Halving Bullish Phase (0 to 70,000 blocks): Historically marked by exponential price growth.
Bearish Phase (70,000 to 140,000 blocks): A retracement period, with average drawdowns of 80% from cycle highs.
Sideways Phase (140,000 to 210,000 blocks): A period of consolidation, setting the stage for the next halving.
For Halving 4, projections suggest:
A high of $150,000 during the bullish phase.
An 80% drawdown, positioning the bearish-phase low at $55,000.
The MVRV Ratio: A Key Indicator
The MVRV ratio (Market Value to Realized Value) serves as a robust tool for assessing Bitcoin’s valuation. Current metrics indicate that Bitcoin is fairly valued, with room for substantial growth in the coming phase:
Historical Extremes:
MVRV > 3.7: Overbought conditions, signaling market tops.
MVRV < 1: Undervalued conditions, signaling market bottoms.
As Bitcoin transitions into the fourth halving era, the MVRV ratio’s current reading of 2.24 suggests equilibrium, with significant upside potential.
Projected Timeline
April 2024 (Halving): Bitcoin enters the bullish phase, with increasing demand outpacing diminishing supply.
2025-2026: Price targets of $150,000 are achievable as the cycle matures.
Post-Bullish Phase: Expected retracement to $55,000, aligning with historical drawdowns.
Conclusion
Bitcoin’s cyclical nature, driven by its deflationary halving mechanism, positions it as a unique asset in the financial markets. As we enter the fourth halving era, the combination of historical data, on-chain metrics like the MVRV ratio, and market dynamics underscores the potential for Bitcoin to reach $150,000.
This analysis highlights Bitcoin's enduring appeal as a store of value and a driver of innovation in the digital asset space. While short-term volatility is inevitable, the long-term outlook remains bullish.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments are inherently volatile, and past performance does not guarantee future results.
Sources:
Coin Metrics
CryptoQuant
TradingView Data Analysis
Bitcoin: Are We Holding at $93K, $90K, $88K, or $83K?Good morning, trading crew.
Bitcoin is pulling back, and we’re heading for one of these key levels:
1️⃣ $93K might be the first spot where it bounces.
2️⃣ If not, we’re looking at $90K next.
3️⃣ Below that, FWB:88K could be the level to watch.
4️⃣ And if things go lower, FWB:83K might be where it finally holds.
Right now, it’s all about being patient and watching how it moves. Trade what you see, not what you hope for.
What’s your call—where will Bitcoin settle? Drop your thoughts below, and don’t forget to like and follow to stay in the loop.
Kris/ Mindbloome Exchange
TRX bull run is near to end?After seven years, TRX has reached a significant milestone and might peak at $0.72. This level marks what appears to be the final phase of its impulsive wave structure, signaling a potential conclusion to its long-term bullish cycle.
Note of Wave 1 and wave 4 of micro degree - Lenient Interpretation : Overlapping wicks may be permissible if they represent a temporary price action anomaly (e.g., a flash spike), and the body of Wave 4 does not enter Wave 1's price territory.