CRONOS: THIS ALT can EASILY +100% From Here - CROUSDTCOINBASE:CROUSD
Cronos is an altcoin that I've been bullish on since the beginning for the year, and we've already seen our first two TP Point (Take Profit Points) hit, UP +40%.
The good news is that CRO still has HUGE upside potential, with the next TP +100% from where the price is currently trading in accumulation zone.
In the 4h, we see a clear reversal and turn towards the upside, indicating bullish momentum showing up in the short timeframes. This is as good as it gets buy zone, because we have just finished our correction and successfully retested the 50d Moving Averages in the weekly timeframe:
This could take some time to play out, but patience is your friend!
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Altcoins
NEUTRON $NTRN local Double bottomAfter a healthy correction of around -70%
(totally normal for a S coin)
we have technical basis for a recovery rally
A double bottom with bullish RSI divergence
A down trendline break
With a general altcoin rally I expect this to be trading back in the 1 dollar plus area soon enough.
CRO Macro Accumulation / Comprehensive AnalysisCRO just put in a bottom here, and I'm going to give you a full breakdown.
First, we have a macro Accumulation finishing up the last stages right before the markup. These have been playing out with huge pumps on many of the other altcoins, and this time we caught it very close to the bottom.
Next up, we have our Elliott Waves. CRO just finished retracing Wave 4 onto the top of Wave 1, which is perfect according to the EW rules. We should be seeing a Wave 5 up to $0.42662, which also coincides with a major monthly supply.
Finally, we have our ideal entries and take profit levels. I put in a market order since I believe we are already bottomed out, however if the price comes down any lower, here are my additional entries:
$0.1018, $0.09645, $0.8414, $0.07495
Our partial take profit levels on the way up:
$0.2317, $0.2637, $0.30, $0.3716
Follow us for more trade setups this altcoin season and make sure to come back and let us know how much you made on this setup!
-Pat
DigiLex, LLC
President & CEO
XLM higher high. 1.10$Combining Artificial Intelligence (AI) with Stellar Lumens (XLM) can create synergistic advancements in the blockchain and financial technology sectors. Here’s a detailed overview of how AI and XLM can intersect and the potential future impacts:
### Enhancing Stellar Lumens with AI
1. **Fraud Detection and Security**:
- **AI-Powered Monitoring**: AI can analyze transaction patterns on the Stellar network to detect unusual activities, potentially identifying and preventing fraud before it happens.
- **Smart Contract Security**: AI can help in auditing smart contracts deployed on the Stellar network, identifying vulnerabilities, and ensuring robustness against attacks.
2. **Automated Trading and Investment**:
- **Algorithmic Trading**: AI algorithms can be used for automated trading of XLM, optimizing trading strategies based on market data, sentiment analysis, and predictive modeling.
- **Robo-Advisors**: AI-driven robo-advisors can provide investment advice and manage XLM portfolios for users, tailoring strategies based on individual risk profiles and market conditions.
3. **Optimizing Network Performance**:
- **Load Balancing and Resource Allocation**: AI can dynamically adjust resource allocation and manage network load to ensure optimal performance and reduce transaction latency.
- **Predictive Maintenance**: By predicting potential network issues, AI can help preemptively address problems, maintaining the reliability and efficiency of the Stellar network.
### AI Applications Utilizing Stellar Lumens
1. **Cross-Border Payments and Remittances**:
- **Automated Exchange Rates**: AI can provide real-time exchange rate predictions and optimizations, ensuring users get the best rates for cross-border transactions using XLM.
- **Personalized Payment Solutions**: AI can offer tailored payment solutions based on users’ transaction history and preferences, improving user experience.
2. **Financial Inclusion**:
- **Credit Scoring**: AI can analyze non-traditional data to provide credit scores for underbanked populations, enabling them to access financial services through the Stellar network.
- **Microloans and Insurance**: AI can facilitate the provision of microloans and microinsurance products by assessing risk and potential for repayment, thereby aiding financial inclusion.
3. **Data Analysis and Insights**:
- **Market Analysis**: AI can analyze vast amounts of data from the Stellar network to provide insights into market trends, user behaviors, and transaction patterns.
- **Regulatory Compliance**: AI can help in monitoring compliance with regulatory requirements, ensuring transactions on the Stellar network adhere to necessary legal standards.
### Future Potential and Developments
1. **Decentralized Finance (DeFi)**:
- AI can enhance DeFi applications on Stellar by providing predictive analytics, optimizing yield farming strategies, and managing risks associated with decentralized lending and borrowing.
2. **AI-Driven DApps**:
- Development of decentralized applications (DApps) on the Stellar network that leverage AI for various purposes, from financial services to supply chain management.
3. **Interoperability and Integration**:
- AI can facilitate the interoperability of Stellar with other blockchains and financial systems, ensuring seamless integration and data exchange across platforms.
4. **User Experience and Adoption**:
- AI-driven interfaces can improve the user experience of Stellar-based applications, making them more intuitive and accessible, thereby driving adoption.
### Conclusion
The integration of AI with Stellar Lumens (XLM) holds significant promise for enhancing the functionality, security, and adoption of the Stellar network. By leveraging AI, Stellar can offer more efficient, secure, and user-friendly financial solutions, driving innovation in the blockchain and fintech spaces. The collaboration between AI and XLM can potentially revolutionize how financial transactions are conducted, making them more inclusive, accessible, and efficient.
TRADE The CHOP: 3 Ways to Make ATLEAST +15% Choppy markets are identified by low volume and sideways trading / range trading. It seems uninteresting in most cases, but you don't have to sit around and wait for the next big impulse wave!
Here are three plays YOU can take during choppy markets:
1) 4H : Short Resistance
Chop trading can be a blessing - the price often touches the same support zone and the same resistance zone 2 - 3 times, before breaking out either way. This means that if you spot your zone early, you could take a short timeframe swing trade. Another way to find a trade is to look for gaps in the candles:
2) 4H : Long Support
South Africa is in a time of turbulence, and the Rand is weak as the country anticipates who will join forces to govern in the next two weeks. Analysts are expecting the Rand to hit R20 per USD as investors shy away from uncertainty.
But we can keep it modest and low risk with a 10x TP at R19 😉
3) Daily : SPOT Hold to TP Zone
Nothing like a classic low risk trade - but you may need some patience with it! If you're not willing to look at charts all day, or have alarms wake you up at 2:30am to take a trade then this is your style.
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FX:USDZAR POLONIEX:SOLOUSDT NASDAQ:PYPL BINANCE:SHIBUSDT
PEPE : All Time High STILL COMING! Here's WhyBINANCE:PEPEUSDT 🐸
I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far.
Assuming that corrective wave 3 - 4 (current wave) retraces as low as point 1 (BUT NOT LOWER), this put's our formula roughly as follows:
It's important to note that Elliot Wave theory follows strict rules, and it's usually a multi-month playout. This means that there might be many weekly candles before finally turning around to complete the final wave 4 - 5.
For a SHORT TERM analysis on PEPE, see here👇:
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Zcash Turbulence Ahead: 2025 BreakoutZcash is a cryptocurrency network that launched in October of 2016. Like other cryptocurrency networks (e.g. Bitcoin or Ethereum), Zcash allows anyone with a computer and an Internet connection to send and receive scarce tokens that can be used like cash on the Internet. The software that powers Zcash is directly derived from Bitcoin’s core software, but it has been modified in order to enhance user privacy.
The members of the network who relay, validate, and bundle user transactions into blocks are, like in Bitcoin, commonly called miners. These miners are rewarded for honest participation with transaction fees and newly minted Zcash, and they must solve a difficult math problem (similar but distinct from Bitcoin’s mining algorithm) in order to earn the privilege of participation. As with Bitcoin, anyone can be a miner on the Zcash network, all they need is an Internet connection, a reasonably powerful computer, and the free and open source Zcash software. Zcash is an open blockchain network.
Liquity / LQTY & Binance The price of LQTY is $2.3 today with a 24hour trading volume of 80 million dollars. This represents a 80% price increase in the last 24 hours and a 250% price increase in the past 30 days. With a circulating supply of 91 Million LQTY, Liquity is valued at a market cap of 200 million dollars thanks to CZ!
Liquity is a decentralized borrowing protocol built on Ethereum that utilizes LQTY, a USD-pegged stablecoin. Ether holders can draw loans in the form of LQTY with algorithmically adjusted redemption and loan issuance fees
as you see LQTY whales are notorious for dumping on retails so don't forget the stop loss(rug). next targets are 2.7 and 2.9$
STX Accumulation / Massive Pump IncomingSTX has a perfect accumulation that just put in a spring right here. We're right near the bottom of what's about to become a massive pump. Altcoin season is in full swing and this is the next top gainer! TD Sequential has 789 on the daily and oscillators are showing daily bullish divergence.
Notcoin(NOT) Analysis==>> Symmetrical TriangleNotcoin(NOT) is moving in a Symmetrical Triangle Pattern .
According to the theory of Elliott waves , it seems that Notcoin(NOT) is completing the last wave(Y) of the Double Three Correction(WXY) .
I expect Notcoin(NOT) to break down to at least the Support zone and the Uptrend line .
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), 15-minute 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.
Looks Interesting HereTraders,
Though the alts are waiting on Ethereum for confirmation of further price direction, Storj looks like it's found its support and local low here. It's been in this accumulation phase/channel since April and both the RSI and AO are suggesting is is time to run. Also, after breaking the upside of that huge bullish triangle, we have already gotten the retest out of the way. I don't know where it goes from here but I can imaging doubling would not be out of the question.
ETHUSD SHORT - RISK ENTRY - END OF ETHEREUM STRENGTH FOR NOW?Hi again people.
I am projecting the crypto to be weak this week, especially Ethereum.
The whole pump from ETF expecetations from 3200 to 3900 should be corrected relatively quickly, we had similar situation with BTC & ETF.
With slightly more Short positions on CME for both BTC and ETH, I am expecting an Ethereum panic this week.
The entry now, and especially my SL is risky one - who knows if the market doesn't decide to take buy side liquidity first, but to be honest I smell weakness and I decided to give it a try.
SL for me now: 3863.
Safe SL: 4200.
Target: 3200.
Good luck and play safe!
Alt Season Is Quickly ApproachingLet’s wrap up by taking a look at our Total3 chart which includes all alts except ETH. This shows a strong bullish bias. We’ve broken to the upside of our triangle, retested the top of our triangle as support, and are now using that strong PoC from our VRVP as support along with our 50 & 100 day SMA. I love to see all of this as it signals good things to come from our alt space ahead.
Total3
I continue to remain long in alts with almost 100% of my total public portfolio. My followers and I are at 11 wins with over 35% profit per trade. Our average trade is 11 days. Though these wins are great, I expect them to be blown out of the waters soon. Don’t miss out. The best is yet to come.
ETH Support 3700 Appears To Be HoldingETH ETFs will give Ethereum and therefore altcoins a nice bump/pump and I believe that, as long as ETH can hold this current support level at around 3700, then Ethereum and altcoins have found their local low. In other words, altcoin season is close. Supporting this theory is this inverse H&S pattern which I spotted well before the right shoulder had even formed. We can now see that this pattern appears to actually be playing out and Ethereum should remain strong for the remainder of 2024, though the possibility of breaking support at 3700 and dropping to 3500 still remains relatively strong as well before further upside. Adjust all stops and plan accordingly.
ETH - Make or Break Zone!Hello TradingView Family / Fellow Traders,
ETH has been hovering within a narrow range in the shape of a flat rising channel around a massive resistance zone $4,000 - $4,100.
What's next?
Scenarios:
1️⃣ Bullish - Continuation
The bulls maintain control as long as ETH is trading within the rising channel marked in red.
In this case, a movement towards the $4,000 - $4,100 resistance zone would be expected.
2️⃣ Bearish - Correction
If the last low marked in green is broken downward, we will expect the bearish correction to start leading to a movement towards $3,100 demand zone.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Omni impulse compete? If you find this information inspiring/helpful, please consider a boost and follow!
With the nice-looking impulse.
First!
Watching for the clues, it has completed.
It could be rolling still, a break of the inducement area would be a nice clue it has completed. Then would be watching the retrace to the GZ.
Brett done? If you find this information inspiring/helpful, please consider a boost and follow!
Quite the dump.
Pitchfork has been responsive.
Watching how this impulse retraces.
Could just be prof taking but, need a bit more clarity.
A nice step would be a reclaim of 0.96
Waiting for some clues to play off of, but a nice impulse complete is a nice anchor to play off of.
#Elliottwave
MATICUSDT LongMatic H1 chart, we see new strong bullish OrderBlock . Target price is 0.7160 level. Bulls can reach this level easily, so we can find some good entry here.
Bullish Continuation Pattern Signals Over 20% Upside Potential?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:SOLUSDT
On the Daily timeframe, the price has ascended above the EMA200 line, signifying a robust bullish trend. Recently, it has formed a bullish chart pattern (symmetrical triangle) and breached the upper trendline. Such a breakout typically indicates the continuation of a bullish trend. Furthermore, the MACD histogram transitioned from the negative zone to the positive zone, further endorsing the potential upward movement toward our first target at 185.72. Subsequently, the price may revisit the pullback zone before establishing a new high and achieving the second target at 227.21.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on SOLUSDT."
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