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20 hours left in Bitcoin halving, what do you expect?#Bitcoin Update Bitcoin's price dropped quickly when news broke of a potential conflict between Israel and Iran. It nearly reached a support level but then started recovering fast. This shows that the market is optimistic, but we're still stuck in a price range, so it's best to wait for a breakout. If the price stays above this support level, we can expect a bounce upwards. However, if it breaks below this level, we might see the price drop toward $50,000. Currently, the 100-day Simple Moving Average (SMA) is acting as support, and this blue line is strong support, which is around 50k. 20 hours left in Bitcoin halving, what do you expect? I'll continue to provide updates, so stay tuned for more information. #Crypto #BitcoinHalving CRYPTOCAP:BTC $BTCUS BINANCE:BTCUSDT
Long
by CRYPTOMOJO_TA
6
BITCOIN: HISTORICAL CYCLES AND HEALVING ROADMAP PART IITHIS CHART IS BASED ON HISTORICAL DATA Let’s get to the chart. Keeping in mind that this chart is based on Bitcoin at this time, it's quite important for the coin. Looking at historical prices, if we examine the first example, focusing on the first bit between the 2012 halving, the month before the halving was actually relatively neutral. We saw a slight uptick in the lead-up, once again following the next major market. If we look at the second example, we actually saw a major move to the upside within around one month of the Bitcoin halving, and then we experienced a short downturn before eventually continuing higher later in the market cycle. Then, looking at the 2020 halving example, of course, leading up to the halving, we had the global pandemic that crashed the market to the downside. However, we saw a major recovery one month before the halving. Following the halving, we actually saw some choppy sideways price action, essentially neutral action over the next month, and then we continued with the market much higher. Overall, in a very bullish time in the market right now, generally around the halving, we are usually trending in a bullish direction. Of course, we can see short-term bearish moves, but the larger trend is bullish. Additionally, we usually see a major market move in the process, at least over the next year after the Bitcoin halving. Taking a look at the first example from the first Bitcoin to the ultimate market cycle, that was 370 days into the market top, exactly one year after the market. Looking at the second example, that was around 520 days after the Bitcoin halving to reach the market top. Then, looking at the third example, from the halving to the ultimate market top, that was around 540 days on average. From the actual Bitcoin halving to the next major market top, it takes around 450 to 500 days. Potentially, we could end up seeing the market topping out roughly around 2025, and then we could end up entering into the next market in the second half of 2025 because the next Bitcoin halving is likely to happen in early 2028. As you can clearly see on this chart, we usually end up seeing these markets occur right in the middle of these Bitcoin cycles. Simply based on history, this is the most likely outcome. Of course, nothing is guaranteed, but the most likely outcome based on historical data is simply seeing the market over the next year somewhere in 2025. This chart will likely help you make better trade decisions if you consider upvoting it. I would also love to know your charts and views in the comment section. Thank you.
INDEX:BTCUSDLong
by CRYPTOMOJO_TA
8
#ETH FORMING FALLING WEDGE PATTERN!On the daily ETH chart, there's a notable pattern emerging, potentially forming a substantial falling wedge. Statistically speaking, a falling wedge tends to signal bullish momentum. About two-thirds of the time, a falling wedge pattern breaks to the upside, while the remaining third breaks to the downside. However, it's important to note that until we observe a confirmed breakout above the significant resistance level currently at around $3450, any price target remains speculative. Once a breakout above this resistance level is confirmed, it sets up a bullish target at the top of the wedge, approximately at $4060. Additionally, another method to gauge the price target for a fall suggests a potential rise to around $4300. This implies a likelihood of the price returning to above $4000, contingent upon the confirmation of a breakout above $3450. Nevertheless, it's essential to remain cautious as there could still be resistance encountered along the way, even after the breakout above $3450. Keep in mind that other levels of resistance may pose challenges to the price's upward movement. So, while there's potential for a bullish trajectory, it's prudent to monitor the situation closely for further developments. #DYOR #NFA CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD
Long
by CRYPTOMOJO_TA
2
Bitcoin halving: Why it’s important for BTC scarcityGood day, traders The Bitcoin Halving has happened again. ~1st Halving (Nov 2012): BTC price was $12.0. It reached its highest price ever at $1163. ~2nd Halving (July 2016): BTC price was $638.51. Then, it skyrocketed to a new all-time high of $19333. ~3rd Halving (May 2020): BTC price was $8475. It later surged to a new record of $68982. ~4th Halving (April 2024): BTC price is now $63839. What will the new all-time high be? What's different this time around? 1. A Bitcoin Spot ETF is in play. 2. Big institutions and investors are jumping in. 3. More people are aware of cryptocurrencies. 4. Governments are making new rules for cryptocurrencies. 5. Cryptocurrencies like Bitcoin are being accepted globally. Let's get to the topic Bitcoin's halving is a critical event that helps establish Bitcoin's value as a digital asset. It reduces the rate at which new Bitcoins are created, enhancing its scarcity and potentially positioning it as a reliable store of value for the digital era, more fluid than real estate or gold. In the most recent halving, which occurred at the 840,000th block, the reward for mining a new block dropped from 6.25 BTC to 3.125 BTC. This reduction in mining rewards means that fewer new Bitcoins are entering circulation, making existing Bitcoins more scarce. Karim Chaib, CEO of crypto platform Dopamine App, explains why this matters: "Scarcity is a basic economic concept that impacts asset value. By design, Bitcoin becomes scarcer over time due to the halving events, which decrease its supply at a predictable rate." Bitcoin's halving is built into its code and occurs approximately every four years, or every 210,000 blocks. The first halving was in 2012, when the reward went from 50 BTC to 25 BTC per block. Since then, the reward has halved again in 2016 and 2020, and now stands at 3.125 BTC per block. This predictable scarcity sets Bitcoin apart from assets like gold, which can become less scarce over time as technology improves mining efficiency. Bitcoin, with its fixed supply limit of 21 million coins, is designed to be immune to inflationary pressures. In summary, Bitcoin's halving events ensure its scarcity over time, boosting its potential as a valuable digital asset compared to traditional stores of value like gold. This is just for informational purposes. Thank you for reading.
INDEX:BTCUSDEducation
by CRYPTOMOJO_TA
#ETH is holding the price above this 183 days long support!#ETH is currently staying above a support level that has held for 183 days, and the 100-day Simple Moving Average (SMA) is also acting as support. As long as we remain above this support, things look positive for a potential bounce back up in price. However, if the price falls below this level, we may see some corrections. Keep an eye out for further updates. DYOR, NFA #Crypto CRYPTOCAP:ETH BINANCE:ETHUSDT BITSTAMP:ETHUSD
Long
by CRYPTOMOJO_TA
#BEAMX: IS READY FOR A BIG Move!#BEAM about BEAM NASDAQ:BEAM is the native crypto asset for the Beam network, an ecosystem that brings gamers and developers together to shape the future of the gaming industry. It's used to pay for transactions and interactions with smart contracts on the Beam network, and also serves as the heart of the governance of the Merit Circle DAO. Our strategy is to accumulate the coin on every dip. This means that when the stock price experiences a temporary decrease or correction, you are taking advantage of the lower prices to increase your position in the coin. This approach is based on the belief that the overall trend of the stock is positive and that buying during dips could lead to potential profits when the price rises again. accumulate zone (CMP and upto $0.03) #DYOR
Long
by CRYPTOMOJO_TA
#JUP: IS GETTING READY FOR A BIG Move!#JUP/USDT Jupiter (JUP) is a sophisticated swap aggregation engine that provides critical liquidity infrastructure for the Solana ecosystem. It is also expanding its DeFi (Decentralized Finance) product portfolio, which includes a comprehensive suite of Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading. The coin has experienced a significant surge of 80% in the last two weeks. This could indicate a moment of interest for investors who've had their eye on it. The suggested strategy for JUP is to accumulate the coin on every dip, meaning investors take advantage of temporary decreases or corrections in stock prices to increase their position. This approach is based on the belief that the overall trend of the coin is positive, and buying during dips could lead to potential profits when the price rises again. The accumulation zone for JUP is up to $0.6. #DYOR LSE:JUP BINANCE:JUPUSDT
Long
by CRYPTOMOJO_TA
1
#BTCUSDT Short-term update#Bitcoin has broken above its resistance level and is currently undergoing a retest. This suggests that there may be a potential for a push in price leading to a break above its all-time high. However, there is also some indication of bearish divergence. The price action has been choppy and has resulted in liquidity being taken out on both sides. The only anticipation at this point would be for a bullish structural break, indicated by the daily close that was slightly above the zone. Stay tuned for more updates. #DYOR CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD
by CRYPTOMOJO_TA
Seizing Bullish Momentum: #BLUR/USDT Technical Breakout! Certainly! Let's break down the provided information about trading the #BLUR/USDT pair: Technical Analysis: Pattern Identified: A bullish flag pattern has been identified, suggesting a potential upward movement in the price of #BLUR/USDT. Breakout Confirmation: The price has broken out of the bullish flag pattern, indicating a bullish trend. Retest: The market is currently undergoing a retest, which is a common occurrence after a breakout. This retest serves as confirmation of the pattern. Entry Point: Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the ongoing bullish momentum. Potential Additional Entry: Be prepared to add more positions if the price drops to $0.523, using this level as a strategic buying opportunity. Target Prices: Set specific target prices at $0.65, $0.72, $0.8, $0.91, and $1.05. These levels represent potential profit-taking points as the price moves upward. Stop Loss (SL): To manage risk, set a Stop Loss (SL) at $0.496. This level is chosen to limit potential losses in case the market does not move as expected. Leverage: Consider using leverage in the range of 5x to 10x. Leverage amplifies both potential profits and potential losses, so use it cautiously and in alignment with your risk tolerance. Risk-Reward Ratio (R:R): The Risk-Reward Ratio is mentioned as 1:6. This means that for every unit of risk (1), there is the potential for six units of reward. A higher R:R ratio is generally considered more favorable for traders. Cautionary Note: Emphasizes the importance of using leverage cautiously and aligning it with individual risk tolerance. The suggestion is to use leverage conservatively to minimize the risk of substantial losses. Reminds traders to conduct their own research (DYOR) before making any trading decisions, as the information provided is not financial advice. In summary, the recommendation suggests a bullish stance on #BLUR/USDT based on the identified pattern and breakout. It provides specific entry points, target prices, and a risk management strategy, while also urging traders to exercise caution, especially with leverage, and conduct their own research.
Long
by CRYPTOMOJO_TA
BITCOIN: HISTORICAL CYCLES AND HEALVING ROADMAPE!THIS CHART IS BASED ON HISTORICAL DATE In the first cycle, after the ATL, > BTC took 532 days to break above it’s previous ATH. > In the second cycle, it’s taken 546 days to break above its previous ATH. > If history repeats itself, we could see a new ATH around 385 days from today, possibly by December 2024. ROADMAP FOR BITCOIN HEALING > First Halving: July 9, 2016 546 days of the bull market! > Second Halving: May 11, 2020 546 Days of Bull Market after Halving 3 > Third Halving: April 25, 2024 (Expected) Likely to last 528 days to 546 days of bull market. Important THING TO BE NOTED After every halving, BTC always does a slight dump. As we can see in the chart, BTC dumped after the Helving on 2016. In 2020, BTC dumped before the Helving IMO, this time too, we may see a slight dump, but the question is before or after? Based on fractal analysis and chart data, it is anticipated that Bitcoin will reach its next bull market peak in September 2025. Subsequently, a shift back into the bear market is expected. Consequently, a decision to exit the market before September is considered, given that these projections are assumptions derived from fractal chart data. I hope this graph clarifies how BTC's long-term growth dynamics work. Only in a probabilistic approach, this concept is. This chart is likely to help you make better trade decisions if you consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
BITSTAMP:BTCUSDLong
by CRYPTOMOJO_TA
34
#Bitcoin: Is making rising wedge pattern!In the daily timeframe, BITSTAMP:BTCUSD is currently exhibiting a rising wedge pattern If it goes as per the pattern, then technically, we can see a drop up to 35k. 50MA is working as a strong support level, with 42k and 40k as support. For Bitcoin to become bullish in the long term, it needs to close a daily candle above the 44k resistance level. There will likely be a period of consolidation within the designated zones until a definitive breakout or breakdown occurs. LET'S MAKE IT SIMPLE It is crucial to pay attention to the daily candle closings. A bullish scenario may be considered if there is a breakout and a close above the $44k resistance level. On the other hand, a breakdown below FWB:42K in the daily timeframe will confirm a bearish pattern. #DYOR #NFA
by CRYPTOMOJO_TA
10
Unveiling the 2024-2025 Price Revolution Post-HalvingIntroduction: In anticipation of Bitcoin's fourth halving scheduled for April this year, let's delve into historical price patterns to assess potential heights Bitcoin might reach in the years 2024-2025 and when the anticipated start of the next bull run may occur. Historical Analysis: First Halving (28-11-2012): A year before this event, Bitcoin was modestly priced at $2.48. As the market turned bullish, it climbed to $12.20 at the halving and continued its ascent. A year later, it peaked at $1,131. Second Halving: Before this halving, Bitcoin had fallen to $269 but rebounded to $650 by the time of the event. It soared for about a year post-halving, reaching an impressive $2,518. Third Halving: The cycle repeated, with Bitcoin dropping to $7,255 before the third halving. It then modestly rose to $8,762 at the halving and significantly surged to $56,615 a year after. Analyzing the Fourth Halving: The fourth halving is expected in April this year in the current cycle. A year before this date (April 2023), Bitcoin had an uptick to $31,000. This suggests a strong likelihood of a substantial rise post the fourth halving, potentially lasting until April-August 2025 and surpassing the previous high of $69,000. Key Takeaway: Bitcoin's price behavior exhibits remarkable consistency around each halving. It gradually begins to rise a year before the halving and continues for 12-16 months post-halving, reaching new peaks before entering a bearish phase. Investment Strategy: For long-term investors, understanding these patterns is crucial. The peak for this cycle might be between April - August 2025. It would be strategic to start exiting the market gradually at this point. Conclusion: As we analyze historical patterns, Bitcoin's potential trajectory in the coming years appears promising, emphasizing the importance of strategic investment decisions in light of the upcoming halving event.
BITSTAMP:BTCUSDLong
by CRYPTOMOJO_TA
5
Riding the Upswing: #AVAX Long Trade Setup with Entry Strategies#AVAX long trade setup: Entry Point: Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions. Additional Entry: Add more positions up to $37.4. This level is identified as a potential strategic buying opportunity. Target Prices: Set specific target prices at $41.5, $43.2, $44.7, $47, and $50. These levels represent potential profit-taking points as the price moves upward. Stop Loss (SL): Implement a mandatory stop-loss at $35.45. This level is chosen to effectively manage potential losses. A stop-loss is a risk management tool that automatically sells the asset if the price reaches a specified level, limiting potential downside. Leverage: The recommendation suggests utilizing leverage based on individual risk appetite. It emphasizes the importance of exercising caution and choosing leverage wisely. Leverage amplifies both potential profits and potential losses, so it should be used with care. Cautionary Note: Reminds traders to do their own research (DYOR) before making any trading decisions. This reinforces the idea that the provided information is not financial advice. In summary, the recommendation outlines a long trade setup for #AVAX, providing specific entry points, target prices, and a mandatory stop-loss level for risk management. It also advises caution with leverage and underscores the significance of conducting personal research. As always, the information is not financial advice.
Long
by CRYPTOMOJO_TA
2
A Tactical Approach to #BLZ/USDT Trading with Strong Support!#BLZ/USDT pair: Technical Analysis: Strong Support Level: The current scenario indicates that BJD is above a strong support level, suggesting a potential rebound in the price. Entry Point: Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the current position above the strong support level. Additional Entry: Add more positions if the price drops to 0.3307, using this level as an additional buying opportunity. Target Prices: Set specific target prices at $0.37540, $0.4, $0.43, and $0.49. These levels represent potential profit-taking points as the price moves upward. Stop Loss (SL): To manage risk, set a Stop Loss (SL) at 0.3205. This level is chosen to limit potential losses in case the market doesn't move as expected. Risk-Reward Ratio (R:R): The Risk-Reward Ratio is mentioned as 1:6, indicating a favorable ratio. This means that for every unit of risk (1), there is the potential for six units of reward. Cautionary Note: Emphasizes the importance of exercising caution with leverage and aligning it with individual risk tolerance. The suggestion is to use leverage conservatively to avoid significant losses. Reminds traders to conduct their own research (DYOR) before making any trading decisions, and clarifies that the provided information is not financial advice. In summary, the recommendation suggests a bullish stance on #BLZ/USDT based on the strong support level. It provides specific entry points, target prices, and a risk management strategy, while also advising caution with leverage and emphasizing the importance of conducting personal research. As always, the information provided is not financial advice.
Long
by CRYPTOMOJO_TA
#SSV Breakout Confirmation, Retest in Progress!🚀 #SSV Update 📈 In the daily timeframe, #SSV has beakout this Big cup and he and pattern currently in the retest phase. The price is anticipated to sustain its upward trend, aiming for previous highs. Currently trading in the Buy Zone, a bullish momentum is on the horizon. 🔍 Entry: Plan to buy in CMP and add to this retest 🎯 Targets: TP1: 40$ TP2: 45$ TP3: 53$ TP4: 74$ 🛑 SL: Close below this green horizontal support on a daily candle. Remember to DYOR! 🚀
Long
by CRYPTOMOJO_TA
"CYBER/USDT Long Trade Alert 🚀: Bull Flag Breakout and Retest A"CYBER/USDT Long Trade Alert 🚀 CYBER broke out of a Bull Flag Pattern and is currently retesting. Entry: Current Market Price (CMP). Add more if it drops to $7.548. Targets: $8.7, $9.45, $10.2, $11.5, $13. Stop Loss (SL): $7.075 to limit potential losses. Leverage: Use 5x to 10x cautiously. R:R (Risk-Reward Ratio): 1:6 (Lucrative). Use leverage wisely and be conservative to manage risks. DYOR (Do Your Own Research). This is not financial advice. #CYBER #USDT #CryptoTrading"
Long
by CRYPTOMOJO_TA
1