Is it time for DOGE?Exactly 2 weeks ago I posted the idea about BINANCE:DOGEUSDT might check 0.13 area and complete Elliot Wave theory. All profits are taken. Now it is a time to observe and wait patiently.
There are a few things I would like to see:
1. Close a candle above 0.13 in 1D TF.
2. BOS or CHOCH movement.
3. Volume.
4. CRYPTOCAP:BTC.D to decrease.
Altcoin
Token name from you, Analysis with me(6/15/2024)Good news: from now on, on the Weekends , I will share a post for your Altcoin analysis request , where you write the Project name and Token symbol in the comment section, and I then will share the token analysis with you.
Example : Bitcoin(BTC)
Project name : Bitcoin
Token symbol : BTC
A maximum of 20 tokens will be analyzed for you.
Each follower, please register only 1 analysis request in the comment section .
Your token analysis will be shared below your comment .
I hope you are always healthy first and then rich .
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Time for KDA?This is my idea on KDA and how it will go in the future. KDA showed great potential in the last few months, but there are not many green candles when it's going down from the last higher high which is around 2. That worries me a little bit. Anyway, this is the opportunity to consider spot and futures trade, maybe either. I am waiting to break the support zone below, reach liquidity, and pull back in. Maybe CHOCH or BOS in 1H - 4H TF. 0.95-1 zone is very crucial, closing the candle above 1.05 in 1W TF will be a huge confirmation.
Will do an update on Entry and Take Profit zones.
Considering a Long-term Long position at ADA ( Cardona ).As we know ADA reached a higher high last February. That means it shows strength to rise again, even to make a higher high. Some might say Change of Character (CHOCH) formed here. What I am seeing is not CHOCH, just gaining some strength while BTC is going down. Closing a candle above 0.525 in 1W TF will be a huge confirmation to go even further. I am waiting for the Break of Structure (BOS) or CHOCH in the 1H-4H timeframe.
Notcoin(NOT) is Ready to Go Up==>>+30%Notcoin(NOT) is moving near the Resistance zone .
In terms of Classic Technical Analysis , Notcoin(NOT) has succeeded in breaking the upper line of the Falling Wedge Pattern .
According to the Elliott wave theory , Notcoin(NOT) has successfully completed the Triple Three Correction(WXYXZ) inside the Falling Wedge Pattern.
I expect Notcoin(NOT) to at least go up(🚀➕30%🚀) after breaking the resistance zone to the upper Resistance zone .
Note: An important point you should always remember is capital management and lack of greed.
Notcoin(NOT) Analyze (NOTUSDT), 1-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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC - 4H Rise PossibilityIn the recent price action, Bitcoin has shown a notable reaction to the resistance zone around $71,000 - $72,000, leading to a decline characterized by three distinct downward pushes. The third push, however, demonstrated reduced selling pressure as it failed to make a significantly lower low, indicating potential weakening of the bearish momentum.
Crucially, the last two lows have formed around the previously established order block zone from the last leg up, a key area of interest that typically acts as a support. This area appears to have provided a base for BTC, preventing further declines. Given the current price structure and the formation of lows, there's a strong possibility for Bitcoin to recover and test the previous resistance zones again.
Looking ahead, if BTC continues to maintain support at this order block zone and builds on the bullish structure, we could see a move towards the resistance levels at $69,000 - $71,000. Market participants should watch for bullish signs like consolidation or higher lows forming above the current support to confirm a potential rise. Overall, Bitcoin's ability to hold this support and recover suggests a favorable outlook for upward momentum in the near term.
INJUSDT Breakout and Potential retraceHey Traders, in today's trading session we are monitoring INJUSDT for a buying opportunity around 23.80 zone, INJUSDT was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 23.80 support and resistance zone.
Trade safe, Joe.
Looking good so far...NOTIf you find this information inspiring/helpful, please consider a boost and follow!
This chart has some good-looking technicals...
GETTEX:NOT 😏
Watching these levels.
The more levels that pop the better.
Algos at play as well so far, and we all know algos love
#Elliottwave ... #Not
Solana is approaching the main trendHey Traders, in today's trading session we are monitoring SOLUSDT for a buying opportunity around 139.00 zone, Solana is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 139.00 support and resistance area.
Trade safe, Joe.
Do you have the KEY?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 KEY has been overall bullish , trading within the rising channel in blue.
Currently, KEY is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a strong demand zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green demand zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #KEY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ALTCOINS REQUESTS: Request YOUR Analysis HERE ! --\(˙<>˙)/--Request up to three alts that you'd like analyzed!
Here are some I've analyzed recently:
1) CRONOS / OKX:CROUSDT
2) BNB / BINANCE:BNBUSDT
3) PEPE and TOAD / BINANCE:PEPEUSDT MEXC:TOADUSDT
4) Solana / KUCOIN:SOLUSDT
💎 And just a bonus on how to trade NEWLY Released altcoins:
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STEEMBTC to 3 digit satoshi or less.- Nothing to says for STEEMBTC while it's moving inside down trend pitchfork. Get out from it might had a change for STEEM/BTC to survive which took around Q4 or next few years depending STEEMBTC movement.
- support and resistance. to avoid much clutter on the main chart.
- Indicators (CMF, CCI and OBV) is still on bearish area on daily. No bullish divergence sighted yet. as indicators still made a lower low compare the previous low.
Notcoin(NOT) Analysis=> FallingNotcoin(NOT) has been moving in a symmetrical triangle for about 4 days .
I expect that Notcoin(NOT) will succeed in breaking the lower line of the symmetrical triangle and at least fall to the support zone in the next hours.
Note: If Notcoin(NOT) is able to break the support zone, we can expect more dumps.
Note: An important point you should always remember is capital management and lack of greed.
Notcoin(NOT) Analyze (NOTUSDT), 1-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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
LOW CAP GEMS - DIMITRA (DMTR)In this series I will be breaking down and analysing projects that are <$100m in market capitalisation (at time of post).
- PROJECT OVERVIEW
Dimitra Incorporated is a global Agtech company with a mission to help smallholder farmers across the world. Operating on the Ethereum blockchain, the name derives from Demeter, the Greek Goddess of the harvest and agriculture. Dimitra works with governments, government agencies, NGOs, and for-profit organizations. The Dimitra platform is built on blockchain technology and incorporates mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. Through our data driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every smallholder farmer, regardless of economic standing, should benefit from simple, beautiful, and useful technology. With 100K+ users currently and growing it's the largest cryptocurrency to deal with agriculture of it's kind.
- ROADMAP
Dimitra has ambitious and impactful goals. The goal is to grow our platform to 100 million smallholder farmer users within the next 4-years. They already have agreements in place with 8 countries but there is a long way to go to reach their goal.
- TEAM
Dimitra has 123 team members in total including CEO and Founder Jon Trask. He is the winner of the 2023 Government Blockchain Association Annual Achievement Award in the “Social Impact” Category!
- PARTNERSHIPS
Global projects operating in 14+ countries with partners in 68 countries.
In terms of exhange listings they are partnered with one tier-1 exchange in Kucoin, as well as Gate.IO, BitMart, Bittrex, Uniswap and more. However, they are not listed on Binance or Coinbase, once this does happen it will open up the opportunity for a much larger population of potential buyers.
- PRICE TARGETS
It's easy for people to throw outlandish price targets out there in the world of crypto without much reference to how they got to that conclusion. I prefer to compare Market Caps in order to derive token prices.
Looking back at the previous Bullrun, alts hit very high MarketCaps before falling back to 'fair value'. For this I'll use current MCap and Bullrun MCap for a guide, DMTR is currently #484' on MCap:
- Oraichain (ORAI) #343
Price target: $0.35 (2.1x)
- PAAL AI (PAAL) #226
Price target: $0.49 (x2.95)
-Ocean protocol (OCEAN) #135
Price target: $1.05 (x6.24)
- Fetch.ai (FET) #51
Price target: $4.43 (x26.33)
- Cardano (ADA) #10
Price target: $33.74 (x197.65)
I've used other AI projects and a top 10 crypto to show how DMTR could move up the leaderboard and what that would mean for token price.
- SUMMARY
Dimitra is an exciting project with genuine real world value, aiming to tackle a very important problem we have on this planet and that's providing Food to the increasing population of earth. The tokenomics could be better as there is only 41% circulating supply, however with a growing interest by large entities such as BlackRock for RWA's and AI projects we could see a considerable investment in a project like DMTR in the future. Having broken out of a multiyear accumulation phase recently I think DMTR will be a very strong performer
- RATING
8/10
- SOURCES/b]
dimitra.io
coinmarketcap.com
marketcapof.com
TokenFi: June 10th, 2024Hello dear traders.
Considering that a weekly level (i.e. red) is being defended, I think this is a great longing opportunity. Having swept some lows, the structure at the lows is interesting as well. The FVG is holding the price for now, and I always like to long into fear-inducing candles if the bullish structure is defended.
I hope this idea is useful.
INJECTIVE Head and Shoulders Just a quick trade set up that could be a good LONG to take. Price looks to have printed an inverse Head and Shoulders which looks like a bullish reversal.
Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted.
Using a price forecast that is a mirrored copy of the move down I think that if BTC behaves we should see something similar with incremental take profit points on the way up.
Clear invalidation is a clean break below the head of the Head and Shoulders pattern.
Worried about holding Alts? Remember this chart!
The Alt market cap is currently showing strong support around the $1.112T mark. After a decisive breakout from the descending channel, we are now seeing a period of consolidation. This suggests a potential for further upside if support holds.
📈 Key Observations:
- Breakout from the descending channel indicates a bullish trend reversal.
- Support around $1.112T is crucial; maintaining above this level could lead to further gains.
- Watch the weekly close for confirmation of this trend.
Stay vigilant
Do hit the like button.
Thank you
#PEACE
PYTH Is Currently At Strong SupportAfter a massive sell-off, PYTH is now testing the trendline after a breakour and trading above the daily level, we might get a push down to the Value Area Low, and if that does happen and price reclaims the daily, this is a good sign to continue higher.
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.
IMX Targets $1.89IMX has lost support and is now trading below the Value Area Low, signaling a selling imbalance. The next area of support (Demand Zone), sits at $1.89. With a nice reaction from that level, a solid bounce and follow.
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.