EOS: Change your BTC for EOSStrong support at current level (pink rectangle)
It should go up from here to (at least) the next higher pink rectangle.
This is just for fun, to hit PLAY in the future and see how wrong I was :)
Crypto market
AXL/USDT: MAJOR ASCENDING CHANNEL - 85% PROFIT POTENTIAL SETUPTechnical Analysis: 🎯
- Trading within a strong ascending channel since August 2024
- Current price: 0.7145 USDT
- Price retesting major channel support - prime entry zone
Entry Strategy:
✅ Strategic Entry: 0.7007 USDT
- Perfect channel support confluence
- Higher lows pattern maintained
- Volume profile showing accumulation signs
Target Projection:
🎯 Primary Target: 1.3114 USDT (87% ROI potential)
- Channel resistance alignment
- Historical resistance zone
- Clear upward trajectory within channel
Risk Management (CRITICAL):
⚠️ Stop Loss: -4% below entry
- Protected by channel support
- Clear invalidation level
- Impressive 1:21.75 Risk-Reward ratio
Key Technical Factors:
- Ascending channel providing clear direction
- Multiple touches validating channel strength
- Price action showing healthy pullback to support
- Volume confirming key reversals at support
Trading Plan:
1. Enter at 0.7007 USDT
2. Stop loss at -4% for capital protection
3. Partial profits recommended at channel midpoint
4. Final target at upper channel resistance
⚠️ Important Notes:
- Channel trades require patience
- Watch for bullish confirmation at entry
- Volume confirmation crucial
- Always use proper position sizing
🔔 Remember:
- DYOR (Do Your Own Research)
- Risk management is crucial
- Market conditions can change
- Follow your trading plan strictly
#TechnicalAnalysis #AXL #Crypto #SpotTrading #ChannelTrading #CryptoTrading
Would you like me to provide alternative title options or elaborate on any aspect of this analysis? 🚨
2 years of bear market ahead!We are at bull market top ... prepare for downside which will be more or less slowly ...
2 Years of bear market ahead!
STRAXUSDT (Stratis) Updated till 20-12-24STRAXUSDT (Stratis) Daily timeframe range. its holding decently here.
PA trying to get a close over 0.07540. a valid close can push it to 0.09874 or above. but it need to stay above 0.05686. which is recent support.
DAR COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES!!NYSE:DAR Coin Possible Scalp & Swing Trade Ideas 💡!!
• If price drop b/w 0.105$-0.095$ area then potential Bounce Back expected.. With SL I will Try To Build Quick Scalp On it.
• Before Upgradation if its price drop b/w 0.75$-0.60$ area then i will add it small amount in my long term portfolio for 50%-150% gain.. In next Few Months🫡
Warning : That's jus mine analysis Do Your Own Proper Research Before Taking qny action🚨
Possible head and shoulders. My previous chart predicted a bearish divergence and this played out. Now there is a possible head and shoulders forming. However, Cardano does appear to be showing strength and this may be invalidated soon. I think it wholly depends on BTC movements. Right now BTC just hit a new ATH and the market followed this. I think ADA is showing strength in the RSI. Key support is 1.15, I think ADA does have the strength to reach this and hold it. Only time will tell, market is neutral in my eyes right now.
Dent long These are the prices we wanted to catch when alts were performing great 2 weeks ago .
Now that they are here everyone is afraid to buy .
No problem they will buy when these numbers are higher.
ETHEREUM - Buy Idea (Short-term)the bounce off the key-level support at $3347 is a strong indication for a potential upside reversal on the short-term scale. We predict an upside move back to the high levels of $4000. Our specific profit target is the key-level resistance at $3950. Stay tuned...
CARDANO - Buy Idea (Short-term)Coming off the bottom of it's range, and the nice turn around followed by the attempt to break above 0.9350 suggests that the CARDANO is ready for an upside reversal. The main key-level resistance is at 1.0860, our official target.
DOGE/USDT Analysis🚀 DOGE/USDT Analysis 🌟
📉 Support Zone:
We have a strong support zone between 0.25922 and 0.25111. This range represents a key area where buyers are likely to step in and defend the price.
📊 Buying Zone:
The level 0.31236 serves as a buying level. Holding above this level increases the probability of a bullish recovery.
✅ Bullish Confirmation:
The key confirmation level for the upward trend is 0.34477.
💡 A daily candle close above this level 0.34477 will signal a strong breakout, validating the bullish scenario.
🎯 Targets:
1️⃣ First Target: 0.64804 📈
2️⃣ Second Target: 0.84585 💰
🔥 Conclusion:
DOGE is in a critical phase. Watch for a break above 0.34477 to confirm the upward trajectory. Until then, the support at 0.25922–0.25111 and the buying zone at 0.31236 remain crucial levels to monitor.
⚠️ Disclaimer: This is not investment advice. Please conduct your own research and trade responsibly.
📩 For any inquiries or further clarification about this analysis, feel free to contact me privately. 😊
NeiroNeiro retracement was brutal in this dump and that is the case with meme coins.
They give a good rally but when it comes to getting dump then you can expect 40 to 50% retracement.
Structure change on LTF.
HTF will are bullish as soon as the previous lows are reclaim.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Dec20, 2024Technical Analysis and Outlook:
Bitcoin's spectacular pullback to Mean Sup 91800 is noted. We anticipate a rebound to the upside, targeting the key Resistance level of 106000. Nevertheless, it is essential to acknowledge that a retest of the Mean Support level 91800 remains a plausible scenario.
$ETH to 8k by Q2 2025based on Noroks latest video,
diminishing returns and extrapolating the angles of the prior cycles.
CRYPTOCAP:ETH new target 8k. We are currently at next bear market levels IF history repeats
$SOL deep deeper deepest!CRYPTOCAP:SOL is back in his channel. Sol has been corrected very deeply. I hope that Sol will first test and break the supply zone and then move on to the next one for a retest outside its trend for a retest on top of the trend and demand zone. As soon as that pattern is complete, we head to the ATH. First let's test and break that supply zone.
updateI'm sorry, wave counting is a very difficult task and technical analysis is generally associated with mistakes.
The detection of wave 4 was wrong. We were at the end of wave 2. We are forming wave 3. Moving to the yellow box.
We are at the beginning of wave 5. Movement up to 10 dollars is available.
Buy under 100K and Target 125K by Jan 20Simple strategy of buying bitcoin when it's trading under 100K leading up to Trump Presidency, I don't see why Bitcoin can't continue to 125K by Jan 20 (Trump inauguration). Fed went from from dovish to dovish/neutral in my opinion, not hawkish. This is a buying opportunity and the strong reversal forming a bullish hammer after the cooling PCE report today is the confirmation to continue buying BTC here.
FETUSDT: Trend in weekly time frameAnalyzing this coin is really difficult. Considering that I expect a correction for Bitcoin up to area of 80k to 84k, this trend can be considered for FET coin.
But, I must say that until you get confirmation, don't get a position.
But, you must know that the colored levels are very accurate.
BEST,
MT
The Impending US Government Shutdown.The Impending US Government Shutdown: What Traders Should Know
As the US government teeters on the edge of a shutdown, traders are bracing for potential market volatility. The failure of a spending bill in the House of Representatives has heightened concerns, with President-elect Donald Trump and tech billionaire Elon Musk playing pivotal roles in the bill's rejection.
Potential Market Impact
Stock Market Volatility: The uncertainty surrounding the shutdown could lead to increased market volatility. Investors may react to the political instability by selling off stocks, causing sharp declines in major indices like the S&P 500 and Dow Jones Industrial Average.
Currency Fluctuations: The US dollar may weaken as investors seek safer assets, leading to fluctuations in currency markets. This could impact forex traders who need to stay vigilant and adjust their strategies accordingly.
Commodity Prices: Commodities like gold often see a rise in value during times of political uncertainty. Traders should monitor these markets closely as they may present opportunities for gains.
Interest Rates: The Federal Reserve's response to the shutdown could influence interest rates. If the shutdown leads to economic disruptions, the Fed may reconsider its stance on rate hikes, affecting bond markets.
Strategies for Traders
Stay Informed: Keep a close eye on news updates and government announcements. Being aware of the latest developments can help traders make informed decisions.
Diversify: Diversifying your portfolio can help mitigate risks associated with market volatility. Consider spreading your investments across different asset classes.
Hedge Your Bets: Use hedging strategies to protect your investments. Options and futures contracts can be useful tools for managing risk during uncertain times.
Be Patient: Market reactions to political events can be unpredictable. It's important to stay calm and avoid making impulsive decisions based on short-term market movements.
Conclusion
While the potential government shutdown poses challenges, it also presents opportunities for traders who are prepared. By staying informed, diversifying portfolios, and using hedging strategies, traders can navigate the uncertain waters and potentially capitalize on market movements..
TOTAL - Perfect RetestSo far, the total crypto marketcap has added over $200 billion since the low was put in hours ago!
These are early signs of the dip being over after such volume reentered very quickly to scoop up the low prices.
Also, the crypto total marketcap retest its previous 2021 ATH as new support. Macro old resistance being flipped into new support like that is a very very good sign. Shows strong demand in that new range.
$97k is the mak-or-break level for BitcoinIf Bitcoin can confirm above GETTEX:07K we are back on bull season.
If price turns around here, we could go to GETTEX:92K , FWB:83K , or $74k.
BTC to test and create a little consolidation soonas shown in my analysis...you can do a little sell scalp movement at the right time
EOSUSDTSolid accumulation phase indicating sustained buyer interest. The chart displays promising growth potential, supported by a trend of rising lows and steady volume increase. Market sentiment leans bullish, with resistance levels under pressure. A breakout scenario seems likely if current momentum holds. Monitoring for a possible retracement to form a new support level before further upward movement is advisable.
BTCUSD - Missed TP ? that's okay history says 140KI followed too blindly this fractal that went almost perfect but was waiting 120k to take partial profits and missed a 30% opportunity,
I'll know take profits more often by moving from risky alts to BTC or other assets resistant to drawdown
the middle line of the channel BTC is evolving seems to support very well and I'm gonna assume the correction is already over, you can still expect to see another dip to 86k tho (but I dont believe this)
my simple trade idea : green is path of 4 years ago, blue is path of last year
first TP will be at 120k & 144K see you in 3 weeks
not financial advice
cheers
