FTT/USDT 1D. Channel. Cycles. Accumulation. Idea.Idea on the secondary trend of the FTT token of "scam exchange" FTX.
After the FTX scam horizontal channel started to form. There were 2 accumulations zones which lasted each 30 days ~(1 month). After that the pump followed.
Now the price is between this 2 accumulation zones(buffer zone) for 3 months already.
After first pump local dip formed, after which another pump(2nd wave) followed. This wave formed local cycle at the duration of 32 days. Shown on the chart.
Above the chart each period is described. Below - what happened at each point of a new cycle.
Lately, after each new cycle(beginning since Aug 18) - we've seen price increase from 30 to 40%.
This 3 local pump waves formed an ascending triangle(bullish formation). Next cycle is on Nov. 22. 15 November is the date of listening for FTX case.
So, what do you think more likely - rise to somewhere about 2.2022$ zone(89.6% from current)?
Or the dump to the support of the "outer" channel to about 0.8088$ zone(-30.81%)?
By the way, since the beginning of the last local cycle - we've seen a significant increase in volume(Bitget exchange). Local resistance of the triangle is 1.22-1.33$$ zone.
Pump
SHIB USDT - PUMP IT UPThis trend line started exactly 2 years ago. Imagine what happens when this trend gets broken... a mega pump to the upside.
Why would this trend get broken?
TOTAL making new highs, meaning new liquidity is coming into the market
BTC.D tipping over (liquidity moving from BTC to ALTS)
TOTAL3 just broke out its wedge to the upside
VMC Cipher_B_divergences shows 2x bullish divergence on the weekly timeframe
VMC Cipher_B_divergences shows an even larger bullish divergence on the weekly timeframe
However, keeping track of BTC moves. One should always be careful with slowly increasing channels after such a big move as we had on the 24th of October. Could be a setup for a dump that (generally speaking) brings prices of all coins back down.
Polkadot DOT upside is thereWeekly chart & I will publish a Daily to show my Idea zoomed in.
PolkaDOT and Cardano ADA now are working on a partnership with Midnight is in the news.
This is the hype I believe, when the link is made I believe that will be the sell the news event.
Swapped some things around and picked up some more DOT & staked it in the last few hours.
Please bounce your ideas off of me!
None of my ideas are financial advice. Much love
DOGE.USD (Full Analysis Long-Term)Hello Friends 🙌🙌
How are you today?
I hope you feel great and always be happy.
Today I want to talk about DOGECOIN.
first, let me tell you something clear.
It's NOT financial advice.it's just a vision that belongs to me.
I try to give you a vision of the chart and the activity of the market makers and at the end of the analysis, I will tell you the best points to buy dogecoin for the long term. that's all.
Please read this analysis carefully.
I used the Fibonacci channel. it's the best tool to explain easily for those who know nothing about technical analysis.
Everything is OK? so, let's go into details.
I removed all the levels except 0, 0.5, 1, 1.5, etc.
0 is the bottom of this channel.
0.5 is the midline. and 1 is the top of the first channel.
1.5 is the midline of the second channel. and 2 is the top of this channel. and so on.
I changed this chart from candle stick to line chart to remove all the noises.
As you know to draw a channel by Fibonacci channel, we need two points at the bottom and one top.
I chose two green circles as the two points at the bottom. and also a red circle as the main point at the top.
After that, I extended this channel until the 6th channel.
you see a blue circle that collided with the price. now you can change the line chart to candle-stick
sound interesting.
Now, you can see all the reactions.
it means that this Fibonacci channel is valid.
As a result, expect to drop more.
because all the indexes such as SPx, Nasdaq, and Bitcoin need to drop more.
according to the above, I expect that dogecoin will drop more.
But where are the main support zones? 🤔🤔
the answer is I drew two red zones as the main support zones. if the price loses 0.055, the first support zone is around 0.04 USD and the next one is around 0.03 USD.
LET ME SAY YOU HONESTY. I want to put 50% of my order in the first support zone around 0.04 USD and the next 50% at 0.03 because if you draw a trend line from March 2020 to October 2020, you see 0.03 USD on a very important trendline.so, it's the best point to buy and hold dogecoin for the long-term.
is everything clear?
what do you think?
Do you agree with me?
do you think dogecoin keeps dropping more?
Please don't hesitate to write your comments below.
I'm so eager to read your comments.
And don't forget to like 👍👍, share 🔃🔃 this analysis with your friends, and write your comments below ✍️✍️
❤️❤️ Wish you health and wealth, my friends ❤️❤️
Best Regards 🙏🙏
Ho3ein.mnD
VEGA/USDT 1D. Another interesting coin rn. Accumulation. ChannelVega/usdt 1d. Secondary trend.
In the secondary trend horizontal channel is formed. In this channel local uptrend channel was formed which recently broke down.
Before the break down of the channel the falling wedge formed.
The price dropped to the support of the secondary trend channel. Notice that the price hasn't dumped with the market recently.
We've dropped to the dec. 22 minimums and rn we're holding this level(0.7$).
Check out that the volume is also being accumulated in the coin as for now.
IF we break the current local downtrend - then we'll see the retest of the broken uptrend channel(77%) - shown on chart. Next target will be about 121% which is the middle of the horizontal channel.
Check out that the market is red right now so it's reasonable to take local targets ain't be that greedy. Though the higher targets are shown on the chart. I'm shown the real one as for me.
Also wanna notice that this pattern - falling wedge breaking down and then accumulating - is quite an often recently pattern on different ranges which often results into the pump.
Example which come into my head is DODO recently. Though the range there is bigger.
Also we're in about 0.666$ zone.
PEPE's PUMP: Is It A Heist? According to analysts, there is a bullish outlook as PEPE's supply in the stock markets is in a downward trend, and a bearish outlook is in favor as ELON's supply in the stock exchanges is in an upward trend.
PEPE was recently the subject of a major dispute among developers. Some main developers sold tokens from their wallets without permission, causing a sudden dump in the PEPE price. The current PEPE management claimed that they had gotten rid of the bad apples within themselves and would focus more on PEPE from now on.
PEPE Dev team sent 6.90T FWB:PEPE ($5.83M) to burn address just now. They still have 3.797T FWB:PEPE ($3.581M) left. FWB:PEPE pumped by more than 30% after the burning
Rollbit Coin | RLB ( Crypto & Casino )Rollbit Coin Dominates Top 100 Crypto Ranking With 10000% Gain less than a year 🎰
The price of Rollbit Coinis $0.16 today with a 24 hour trading volume of 52 million dollar. This represents a 55% price increase in the last 24 hours and a 100% price increase in the past 7 days. With a circulating supply of 3.3 Billion RLB, Rollbit Coin is valued at a market cap of 515 million dollar.
The RLB lottery will drive the demand for the token, acting as entry tickets that give holders the chance to win a share of the casino’s profits. RLB tokens must be staked to enter the lottery.The prizes will come from our profit sharing pool, where 20% of all the casino’s profits on a daily basis will accumulate over the course of each round.
By having a proven product and with Rollbit already running at a profit before launching the token, RLB provided utility from day one by being an integral part of the lottery, with prizes coming from a share of Rollbit's profits.
When all RLB tokens are staked, there’ll be a burn rate of 45% of the total supply per year. As more RLB is staked, this leads to a greater reduction in supply as a higher number of tokens are burned to enter the lottery. And as demand increases over time, this puts upward pressure on the price of RLB.
This week's surge has come largely as a result of RLB being listed by major CEX Poloniex, which has seen the altcoin's overall trading volume shoot up massively.
If you wonder whats the next RLB and crypto gem then you can count on our experts
WHY IS LINK PUMPING TODAY?Why is Chainlink BINANCE:LINKUSDT pumping today?
Last month, I forecasted this coin on reach to a year-long resistance and to watch out for a potential breakout or pump in the upcoming weeks.
Now, BINANCE:LINKUSDT pumped because of a year-long breakout , that's 16 months to be exact.
What should we do next?
Scalping either long or short would be best in my opinion but be sure to have a setup for that strategy. For intraday traders, be patient for finding some possible bullish patterns (mini resistance breakouts, head and shoulders, cup and handle) as the coin is still in an uptrend. Take note, we can see retracements for the coin price, as the price would wait to be stable from the yearly breakout.
From a technical standpoint, I would rely on identifying a common resistance for a potential take profit area.
I find the $11,446 resistance line convincing since it presents strong support and could be a new resistance line for the coin (click the chart above for better quality) . Another would be at near $12 range, based on the fib retracement of .382 from its all-time high.
This would take possibly a week or more in order to reach that price that I've mentioned.
If you entered the breakout, congratulations! Now, you need to do set a protective stop profit in tranches.
Plot your support line because that will be a guide in taking partial stop profits. In this case, I would plot a diagonal support line. If a breakdown happens with confirmation of candles and your indicators, you could take a bit of your profit OR for those who did not enter, execute a scalp short play and plot your Fibonaccis.
I'll add more forecast to this idea but will update you in the comments section.
Thanks to those who are supporting my past ideas, means a lot. Feel free to comment your questions or suggestions and please follow my profile on this platform for more of this and possibly add more trading content.
PLAN your trades, happy trading!
link/usdt time frame : 1DayHello friends
Regarding the price link, it reached the limit of the liquidity pool.
I give the probability of a move towards the specified order block.
In that range, according to the price reaction, I decide to sell position
(This analysis is my personal opinion. Be sure to prioritize your own personal analysis)
Brief Analysis——BSVAs the time of BTC halving approaches, the market is once again focusing on tokens that are about to undergo halving these days. In June this year, tokens such as BCH and XEC that were favored by the halving experienced a short-term bullish trend, and then turned to fluctuate for half a year. Today, BSV, as a fork of the fork, has generated continuous gains.
The halving will affect the supply of tokens, which is good for the long term. But as can be seen from the movement of LTC, which has completed its halving, excessive FOMO makes traders vulnerable to whale harvesting. It is better to make judgments based on technical analysis.
Before technical analysis, we list the tokens that will be halved within a year and the countdown information for reference:
Countdown to BSV halving : approximately 175 days
Countdown to BTC halving: approximately 187 days.
Countdown to BCH halving: approximately 167 days.
Countdown to ETC halving: approximately 251 days.
Countdown to DASH halving: approximately 261 days.
Let’s first take a look at BSV’s performance in June this year. A very classic combination can be seen from the WTA indicators. Whales appear when the price rises rapidly. When the long upward pin-bar appears, the whale begins to take profits, and gradually disappears from the WTA indicator. Afterwards, the number of participants begins to decrease and the price gives back most of its gains (we represent this part with a black rectangle and a red arrow).
Before this week’s rise, we can see that whales were already involved in trading on October 2. If we look at the green rectangle area alone, this also fits the classic combination of disappearing whale + long upward pin-bar = price giving back almost all of its gains. This week’s rise has once again attracted whales into the trade. Everything is normal for the current rise. BSV is now close to the June high, which is a key position where bears will gain strength.
If a long red candle or a long upward pin-bar appears in the subsequent movement, then it is possible that BSV’s rise will come to an end.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Beware of FOMO: Bitcoin's Rollercoaster Ride & Bullish ProspectsToday, Bitcoin experienced a sudden pump, driven by fake news published by Cointelegraph, only to return to its normal price range, surpassing the 30k barrier in the process. 🚀 This led to a frenzy of FOMO-driven buying and, unfortunately, resulted in approximately $100 million in liquidation losses within just an hour. 😬
This serves as a valuable lesson for everyone—never succumb to FOMO and always remember to 'trust but verify.' 🕵️♂️
Despite the price returning to its usual range, the overall market sentiment remains decidedly bullish. 🐂 The eagerly anticipated ETF confirmation is poised to further fuel Bitcoin's upward trajectory, marking the missing piece for the 2023-24 bull run. 📈
I anticipate this month will conclude with a significant positive price increase, possibly even surpassing the 30k mark. 📅
Regardless of the ETF's approval status, a crypto bull run is on the horizon. If the ETF faces rejection, we may witness a minor price correction, but it won't derail the bull run. 📉
Stay tuned for more updates. Feel free to like, comment, and follow us! 📣
Cheers, 🥂
GreenCrypto
Brief Analysis——BIGTIMEThe game Big Time token BIGTIME was listed on Coinbase and OKX on Oct.11. It rose nearly 30 times after listing. The token with meme attributes has driven the on-chain games and meme tokens sectors. The gaming guild token YGG, on-chain game BNX, etc. all experienced short-term pumps.
In the past history of crypto, when BTC struggled to rising, meme coins would usher in a short-term bull market. That's what happened in early May thisd year. BTC has been fluctuating at its current level for a week, and the outbreak of BIGTIME may take away some funds.
From the daily level, there is little information about BIGTIME. So we switch to the 1h level. The WTA indicator gives two special information. The first is that during the callback, the blue column representing the whales did not disappear, but reappeared a few hours ago, interrupting the callback. This shows that new whales participated in the transaction and purchased chips, and BIGTIME’s bullish trend has not ended. Another piece of information is that in the early days of BIGTIME, the main participants were whales. When the gray bars representing retail investors appeared, the price almost continued to fluctuate and the increase slowed down. We represented this stage with a yellow rectangle.
In the short term, BIGTIME may continue to rebound, but whether it can break through the ATH will be based on whether there will be continued inflows of whales. The pump has caused BIGTIME’s meme attributes to cover the attributes of on-chain games. So you need to be more cautious if you hold this token. A long green candle or a long red candle make sense.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
South Korea pumped Tezos!
Overnight, Tezos (XTZ) rose by more than 14% as trading volume in South Korea exceeded its monthly average by seven times.
This also led to the liquidation of about $500,000 worth of positions, after which the value of the coin, as is usually the case, began to gradually decline.
Tesla (TSLA) -> 300% Is The GoalMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Tesla.
With the Covid19 Crash in March of 2020 Tesla stock perfectly entered a solid rising channel and and pumped more than 1000% towards the upside before retracing 70%.
Following this bullish trajectory I do expect another short term pullback to retest the $200 level before we could see a pump at least back to the previous all time high at $400.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
SHIB, ARE WE IN FOR A PUMP?📈 Analysis: After nearly a month of consolidation, SHIB seems ready to rejoin the cryptocurrency market action.
Accumulation and Support: During this period, SHIB held strong support levels within the range of 0.00000710 to 0.00000705, clearly marked in the highlighted box.
🚀 Bullish Signals: On the daily chart, SHIB shows signs of breaking out of this accumulation zone, backed by a 12-hour bullish price action. Our primary focus remains on the daily chart.
Key Indicators: To validate a bullish scenario, we require a shift in market sentiment, a flip of the blue zone on the daily chart, strong bullish volume, and possibly some bullish news.
💹 The Potential Upside: If these conditions align, we may witness a significant pump, targeting the next zone of interest at 0.00000100, offering a potential 30% upside. This level correlates with a longer-term trend line, easily visible on the 3D chart.
Confirmation: For confirmation of this educational idea, watch for a break above this level followed by a retest.
Disclaimer: This analysis serves as guidance and not definitive instructions. Conduct thorough research and consult with a financial advisor before making any investment decisions.