OPUSDT - Altcoin with GOOD UPSIDE Potential (Wyckoff)Using the Wyckoff Method has always been my go-to strategy when looking for buy's. The theory behind it is that basically the market goes up, down, sideways, and up again etc. You can dive into more detail by taking a look at volume and trendlines, but for today's analysis we'll keep it simple and focus on the good upside potential for OP.
The above clearly shows an excellent Elliot Wave Theory playout - 5 impulse waves up and the following three corrective waves - indicating the bottom is close.
The above is classic Wyckoff Method Theory together with the emotions at each phase. OP, according to the above, is very close to bottoming out - in other words, a great place for accumulation. During the previous phase, the price increased over 400% over the course of a few months. If you have the patience, it can be a great increase.
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BINANCE:OPUSDT
Altcoin
Litecoin Has A Battle Ahead!! Lets Go LTC!There's always a few ways things can play out but I'm thinking something like this.
Bullish move to the upside breaking through the POC. There's a lot of resistance right above around $75. If Flipped we have another Major level, the Monthly and POC at $83 &$84 after that is flipped I would expect $105 to $$115.
Keep in mind we can dump to $62 first to test the untapped weekly.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
MATIC BACK AT THE BUY ZONEI can't look at the chart and tell myself this is a bad area to add to my positions seeing that we are at the overall Value Area Low & low of the range.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Your Token of Choice, My Analysis (18/7/2024) ElvianElvy
So it's this time of the week again, hope this help you in your trading!
Full credit to @pejman_zwin for photo
These are the conditions for the post due to time constrain.
CONDITIONS
As an example, write Bitcoin(BTC) in the comment.
Project name: Bitcoin
Token symbol: BTC
Max of 20 token/project will be analyzed and shared (IF I have the time, I'll do extra so try your luck.)
Each person gets 1 analysis request in the comment section. (I don't have time to do multiple)
Your token analysis will be shared below your comment.
END OF CONDITIONS
Hope you'll enjoy my analysis, happy trading!
Your Token of Choice, My Analysis (18/7/2024) ElvianElvy
So it's this time of the week again, hope this help you in your trading!
Full credit to @pejman_zwin for photo
These are the conditions for the post due to time constrain.
CONDITIONS
As an example, write Bitcoin(BTC) in the comment.
Project name: Bitcoin
Token symbol: BTC
Max of 20 token/project will be analyzed and shared (IF I have the time, I'll do extra so try your luck.)
Each person gets 1 analysis request in the comment section. (I don't have time to do multiple)
Your token analysis will be shared below your comment.
END OF CONDITIONS
Hope you'll enjoy my analysis, happy trading!
$2 Is My Target - Bullish On SEIResistance flipped to support and targets $0.40. My overall target for SEI is $2 during this bull-run.
An area I am looking for a short scalp is the daily & 0.618 fib confluence.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Chainlink Targets $25After a long accumulation phase, we are again backtesting the last major support where we saw previous buyers step in.
There's a higher probability we increase in price from here and target the 0.618 & weekly level above. A sweep of the lows before a move up is also possible.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
SUI Looks strong but might pull backStrong move up after reclaiming the value area lows.
I would wait for the POC/Daily Level to be flipped into support or wait for a retest of the value area low (blue Line) for a long and target the weekly (Orange Line) above.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
BAT: according to the news, nothing-the token is in accumulationGood day everyone 😊
🔎 Today we will look at the charts of the main TFs and the characteristics of the BAT coin (Basic Attention Token)
✔️ Let's start with the basic parameters of the token
Basic Attention Token (BAT) is a cryptocurrency created to improve digital advertising through the use of blockchain technologies. BAT's main goal is to improve advertising efficiency by reducing intermediation and improving interactions between advertisers, publishers and users.
BAT was developed by a team led by Brendan Eick, who is also the co-founder of Mozilla Firefox and the creator of the JavaScript programming language. He has significant experience and credibility in the technology industry, which adds credibility to the project.
📎 Main characteristics and principles of operation:
- Brave Browser: BAT is integrated with the Brave browser, which blocks ads and trackers by default, and also allows users to earn BAT tokens for viewing ads of their choice.
- advertising and rewards: advertisers pay BAT tokens to show their advertisements to users. Some of these tokens go to users who view ads, and the other part goes to content publishers.
- Transparency and control: Users have full control over their privacy and can choose which advertisements are shown to them.
📎 Historical analysis:
- Inception and ICO: BAT held its initial coin offering (ICO) in May 2017, raising approximately $35 million in just 30 seconds.
- rise and fall: The price of BAT fluctuated depending on the general state of the cryptocurrency market. It reached its maximum values during the general crypto booms of 2018 and 2021, but also succumbed to significant declines.
📎 Expanding user base: If Brave continues to gain popularity among users and advertisers, the demand for BAT will increase.
Further technological and ecosystem improvements may bring more attention to the project.
🔔 In February, Santiment notes a surge in the number of transactions exceeding $100,000
✔️ Graphic part
🔘 Month: the price is also in the zone of the previous accumulation phase
Below there are two liquidity points that have not yet been removed (perhaps they will not be), the mark of $0.1480 and the historical minimum of $0.0800
Global targets for growth and exit from accumulation will be points of $0.48, $0.98, $1.92...
🔘 Week: sideways movement with accumulation of liquidity
🔘 Day: the price is still in a descending structure
exit and consolidation above the level of 0.2001$ will show growth towards the IMB W zone 0.2296$ - 0.2362$
💭 I will buy this coin only after the daily structure is broken
❗️Not a financial recommendation; before entering into any transaction, conduct your own analysis of the asset
Happy deals everyone!
Your Token of Choice, My Analysis. (1/7/2024) ElvianElvy
So I did the same post last week, gonna do the same for this week. I hope my opinion will help your trading.
Full credit to @pejman_zwin for photo
These are the conditions for the post due to time constrain.
CONDITIONS
As an example, write Bitcoin(BTC) in the comment.
Project name: Bitcoin
Token symbol: BTC
Max of 20 token/project will be analyzed and shared (IF I have the time, I'll do extra so try your luck.)
Each person gets 1 analysis request in the comment section. (I don't have time to do multiple)
Your token analysis will be shared below your comment.
END OF CONDITIONS
Hope you'll enjoy my analysis, happy trading!
XRP 16% PUMP To Next Resistance.XRP has broken out of a downtrend which started in March. We manage to close a weekly and daily candle above the POC.
There's a daily level we have failed to close above, over the past 3 days.
Flip that level into support and I would target $0.62 next 16%
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
DOTUSD Is Approaching An Important Resistance!!!Hey Traders, in today's trading session we are monitoring DOTUSD for a selling opportunity around 6.40 zone, DOT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 6.40 support and resistance area.
Trade safe, Joe.
DOT DOT DOT DO YOU LIKE DOT?After a nice reaction from the Value Area low, we are trading at the POC.
The areas I would look for a long would be a supply/demand flip of the POC targeting the Value Area High & Range High, or a retest of the Value Area Low After a sweep of the lows.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Perfect Pullback!The areas I am interested in for a long trade would be around $0.90 cents to retest the weekly or flipping $1 into support.
Targets for both would be the Value Area High of the upper range.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Not a retrace?...forgot a commaIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Respecting some levels and bounced out of AOI,
in what looks like an impulsive manner.
Stalking this.
Ideally, a move down to the discount zone will print and react.
XRP - Increase Possible after THIS LEVELXRP - it's possible that the bottom may be near, and we're going to use a technical indicator to look for the bottom.
It should be noted that I am NOT a fan of XRP BUT, I understand tat all coins are tradable despite whether or not I like them.
So let's dive into the SIGNS of the times:
Looking at the RSI below the chart, historically XRP bottoms are close when the RSI hit's the yellow line (34). It could trade lower for a few ore weeks to come, but ultimately this low RSI signals the bottom is either in or close.
It is also worth noting that the M-Pattern should be finished playing out, or close to finished:
Either way, if you MUST trade XRP, buy low and sell high. Bag holders gets burnt!
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BINANCE:XRPUSDT
What comes down, must go upLook to the past for some patterns. It seems like when things get moving, they getting moving and fast. Like really really fast. Out of no where, we'll see a spike in dominance which leads to a pump price. With the Ripple case being speculated on coming to a close, things might just interesting.
Right on time with the charts ;)
PeiPei(ETH) Can go Up at least +30%Today I want to analyze Memecoin for you, which looks very similar to BINANCE:PEPEUSDT Pepe's Memecoin , with the difference that it has a hat and is red in color. The name of this meme is GATEIO:PEIPEIUSDT PeiPei(ETH).
Looking at PeiPei(ETH)'s website , we realize that the website is really weak and has NO whitepaper like many memecoins. The number of PeiPei(ETH)'s followers on social media is very low .
According to the above explanation, please don't take too much risk and follow the capital management, and it doesn't seem that PeiPei(ETH) can be profitable in the long term, but we can get at least +30% profit from this token according to the analysis below .
PeiPei(ETH) has successfully broken the Resistance zone and is currently completing the pullback .
According to Elliott's wave theory , PeiPei(ETH) seems to be completing wave 4 .
I expect PeiPei(ETH) to rise(+30%) to the Potential Reversal Zone(PRZ) after the completion of wave 4 .
Note: If the PeiPei(ETH) forms a 4-hour candle below the resistance zone, the scenario will change and the probability of the PeiPei(ETH) falling is very high.
Note: An important point you should always remember is capital management and lack of greed.
PeiPei(ETH) Analyze (PEIPEIUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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