Analyzing NMR Bullish Symmetrical Pattern: Breakout ForecastThe NMRUSD pair holds strong support at $11.80, presenting significant potential for a bullish move. If this support level holds, we can expect a notable gain. However, if this support breaks, the next strong support is at $10.66, where a bounce is anticipated due to the proximity of a bull run and the nearing approval of the ETH ETF. We can expect market bullishness in Q4 2024, accompanied by high volatility and substantial rises typical of bull runs.
Anticipated Bull Run Targets:
Based on historical data and calculations, NMRUSD's minimum target during the bull run is projected at $360. If it can flip the $360 resistance by February 2025, we might see a maximum target of $1000. NMRUSD, listed in 2017, has formed a symmetrical triangle pattern expected to break out during the 2025 bull run. Historically, prices have shown unexpected pumps during bull markets, and similar volatility is expected this time.
Strategic Long Position Management:
Considering the resistance zones and the potential pattern breakout, it is crucial to maintain active trades while monitoring these levels. Plan to exit long positions around March or November 2025, as the bull run is likely to end during this period.
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Bullrun
08/07/24 Weekly outlookLast weeks high: $63,884.22
Last weeks low: $53,536.87
Midpoint: 58,710.54
A continuation of BTC selling off has lead to a loss of nearly $10,000 from Bitcoins price from high to low. This sell off is mostly propelled by large selling pressure caused by the German Government selling, however they still have $2.2B of BTC to sell and Mt.Gox begin repayments of stolen funds from 2014 causing increased selling pressure.
From a TA standpoint BTC is still LTF bearish, but the interesting part is the HTF's as BTC is retesting the 1D 200EMA as resistance since breaking below it last week. In a Bullrun you really don't want to see too much time spent under the 1D 200EMA, it should really act as strong support and a place to add to LONG positions.
This week I would like to see the Bullish OB+ @ $52,000 tagged before making a judgment on where BTC is going next. It's a strong support area that will attract price too it, TA says this is a good area to go LONG but this is definitely not a blind bid environment. It also happens to be a 30% drop from ATH which has been a common Bullrun correction in the past.
This week my focus is on the ETH ETF updates, the S-1 forms rumoured to be due tomorrow, then it's down tot the SEC to turn them around. ETH is around $3000 with sentiment at yearly lows, definitely an opportunity there.
Also the BTC1D 200EMA is a point of contention and an important S/R level.
01/07/24 Weekly outlookLast weeks high: $63,700.01
Last weeks low: $58,451.16
Midpoint: $61,075.58
Q2 ENDS - Q3 BEGINS
After a rough quarter of sideways chop, ranging between ~$56K-73K it's safe to say that the last 3 months has been a tough one for the crypto markets. Despite the frustration with price it's important to realise the positive elements of the last quarter. The ETH ETF approval, THE HALVING, consolidation at the '21 ATH level are all bullish for the industry as a whole.
As the weekly, monthly and quarterly all close, July 1st almost feels like a new chapter, one that needs to begin strong. Last week we saw BTC dip to the 1D 200EMA for the first time this calendar year. This is not uncommon in a Bullrun, a bounce off that moving average while it is trending up is often a good R:R entry level for a HTF position. This lines up well with how last week played out and until price breaks below the moving average and changes its trend direction, I do not believe we have reason to panic.
As the first few trading hours of the new quarter have completed we can see that there is a clear S/R level at the 0.75 range line that was flipped, I would like to see a positive reaction off any retest of that level. As I stated before starting a new quarter positively can have a positive impact. Staying above $62,400 is important in the short term, $65,000 is resistance and an important S/R zone.
In the altcoin market tomorrow is an exciting day as the ETH ETF goes live , we've seen what an ETF can do with BTC and potentially the same thing can happen with ETH, the difference in my opinion is that institutions and larger investors were all expecting the BTC ETF to be approved when it did. However, I do not believe that those same players expected ETH ETF's to be approved as soon as they did. It is no secret that the SEC has been arguing that Ethereum is a security and therefor comes under the SEC's regulatory power which was always a point of contention and made ETF approval unlikely. Now that the probe has been dropped by the SEC and they have relinquished power over the cryptocurrency, the ETF is set to go live and I believe the big players just weren't prepared for this to happen so quickly hence the delay in price movement comparable to BTC. We shall see if this delayed response continues as trading goes live but I have no doubt that over the long term this is a net positive for ETH and the altcoin market.
In the broader alt space we can see clear signs of seller exhaustion . BTC dropped 10% last week and most alts didn't react anywhere near as negatively as this move usually does. That to me is a clear sign that sellers are all sold out and that buyers are happy to DCA in at these levels to balance price.
This week I am keeping an eye on those altcoins that outperformed BTC last week on their BTC pairs with good fundamentals as these alts will perform the best on the next rally. ETHEREUM ETF trading is the main talking point of the week and I will be monitoring that closely.
GOOD LUCK FOR Q3
$BOME | Here is another 10-20x meme coinIf you remember CRYPTOCAP:PEPE , we made 20x profit from it📈
Here is another 10-20x meme coin. Check out ECONOMICS:BOME if you're ready to take a small risk. It can give us multiple x return!
Like Pepe and Shib, it also listed on binance with a billion dollar market cap and we saw a big selling pressure after listing!
After a big dump there will be a few weeks of accumulation. Then we may see the expansion move 📈
Meme token is very high risky so go with small investment!
ECONOMICS:BOME DCA Level : 0.0060 - 0.0040 - 0.0025
Target : 5x 10x 15x 20x
#Dyorrr
IF YOU LIKE THIS POST PLESE DO FOLLOW & BOOST. THANK YOU.
Crypto Bull Run (2024-25) | ARE YOU PANIC SELLING NOW?Is your coin 50%, 70% down?
Are you crying?
Are you panic selling now?
Remember the last bull run (2020-21)?
Whatever is happening in the market now, it happens during every bull run! So these are normal in the crypto market. Let me share an example of the last bull run 👇
During the last bull run (2020-21), #ETH price dumped around -70%, just before the start of bull run!
In just 30 days, #ETH dumped from $300 to $80 😹
At that time, 90% retails holder sold everything out of fear! They were thinking, Eth price will be ZERO! No bull run will come. Market Scam, Crypto Scam blah blah
After that the rest is history🚀🚀
ETH printed a bottom at $80. Then a big up rally started! Price pumped around +5560%.
$80 to $5000, ETH did +55x in 2020-21 bull run😎
Many will make the same mistake in this bull run (2024-25). Many coins are 70% down from your buying price! Think about those who sold eth at $80 in fear🙈
Even if not +55x pump like #ETH, every good projects will do minimum 10-20x from here Inshahallah
VET Set for Major Gains: Preparing for Alt Season SurgeVeChain (VET) is part of a blockchain platform that enhances supply chain and business processes. It improves transparency, traceability, and efficiency across various industries, including healthcare, agriculture, luxury goods, and logistics. With the VET coin serving as a transactional token, companies can ensure the authenticity and quality of their products.
Currently, VeChain shows significant potential. With a maximum circulating supply of 86.713 billion tokens, about 93.39% already in circulation, VET is poised for growth. The alt season is between Q4 2024 and Q1 or Q4 2025, during which the market is expected to see a substantial increase in volume. This period could present an excellent opportunity for VET to make significant gains.
At present, VETUSD's strong support level is at $0.02443. If this support holds, we could see a significant upward movement. However, if it breaks, the next strong support lies at $0.2028, from where a bounce is expected. We anticipate market volume to start increasing from October 2024 onwards, signaling the beginning of a bullish phase.
Based on our calculations, VET's bull run targets a minimum of $1 by Q1 2025. If VET flips the $1 resistance by Q1 2025, the maximum target could reach $11.2 by Q4 2025. Alt season often brings unexpected price surges, and we might see similar volatility this time. It's crucial to monitor the resistance zones and manage trades accordingly. We recommend exiting long positions around Q1 or Q4 2025 to capitalize on the bull run and alt season's end.
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GNOUSD Analysis: Strong Support and Bull Run Targets for 2025Gnosis (GNO) is a promising new project with significant potential during the bull run. Historically, new projects tend to surge during bullish markets. GNO's role in the Gnosis network is pivotal for maintaining and operating various activities that generate value through market events and speculation. With a maximum circulating supply of just 3 million tokens, GNO stands out for its scarcity and growth potential.
Currently, GNO has strong support at $278, making it a key level to watch. Should this support hold, we can anticipate a substantial gain. If the $278 support breaks, the next strong support lies around $232, from where a bounce is likely, especially as the altcoin season, typically characterized by high market volumes, approaches in Q4 2024.
Based on our analysis, GNO's bull run targets a minimum of $2424. If GNO flips the $2425 resistance by Q1 2025, the maximum target is $2682. The altcoin season often brings unexpected pumps, and we expect similar volatility in this market cycle. Therefore, monitoring resistance zones closely and planning exits from long positions around Q1 or Q4 2025 is crucial, as the bull run may conclude by then.
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Altcoin Season Alert AAVEUSD: Key Levels and Bull Run PredictionAAVE is currently holding a strong support level at $70, presenting significant potential for gains. If this support holds, we could see a robust upward movement. However, if the $70 support breaks, the next crucial support lies around $50. This level is expected to provide a necessary bounce, especially with the altcoin season approaching.
According to historical data, AAVE's bull run targets a minimum of $1600. Should this resistance flip by January or February 2025, the maximum target could soar up to $15,378. This mirrors the unexpected price pumps observed during previous bull runs in 2017 and 2021. The market's volatility could again present lucrative opportunities, provided we navigate resistance zones effectively.
It's crucial to remember our exit strategy: aim to exit the market by March or October 2025, regardless of the prices at that time, as the altcoin season is expected to end during this period.
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SILVER Massive Run Coming (Timeframe 1-7 years)
I think TVC:SILVER might be preparing for a Massive Breakout from a 45 YEAR consolidation period. This will happen gradually over the next few years. I think current prices are great for getting in to this. I have been buying up silver weekly for the last 2 months on Revolut as an auto-purchase, and will continue to do so. GOLD has had its breakout already. Silver will follow.
Here's the macro to my theory:
Industrial Demand Boom: With the rapid expansion of green technologies, especially solar panels and electric vehicles, the demand for silver over the next years is set to skyrocket. Silver’s unique properties make it indispensable in these growing industries.
Economic Uncertainty: Amidst global economic volatility and geopolitical tensions, silver remains a reliable safe-haven asset. As investors seek refuge from market turbulence, silver will shine as a go-to investment.
Inflation Hedge: With inflationary pressures mounting globally, silver offers an excellent hedge. Its intrinsic value and historical performance during inflationary periods make it a must-have in any portfolio.
Supply Constraints: Mining and production challenges are limiting silver supply, creating a perfect supply-demand imbalance. This constraint will drive prices higher as demand outpaces supply.
Technological Advances: Innovations in medical technology and electronics continue to find new uses for silver, further increasing its demand.
📈 Technical Analysis: Chart patterns are indicating a very bullish trend. Text book 45 year cup and handle formation, Ascending Triangle with strong support levels and upward momentum. Silver is breaking out of long-term resistance zones, setting the stage for an explosive upward move.
💡 Investor Sentiment: Sentiment is turning overwhelmingly positive. Market analysts and experts are predicting a significant price surge, with some forecasting silver reaching unprecedented highs. ($100-200)
COMP Key Support Levels and Potential Bull Run Targets for 2025COMPUSD is currently demonstrating strong support at the $43 level, presenting a promising opportunity for significant gains. If this support holds, it sets the stage for a robust upward movement. However, if the $43 support level is breached, the next critical support is $32. There is an 80% probability of a bounce from this level, especially with the alt season approaching rapidly. Historical trends indicate that the alt season will likely culminate by November or December 2025.
The potential targets for COMPUSD during the anticipated bull run are impressive. Based on historical data, the minimum target stands at $1,730 to 2000$. Should COMPUSD break through this resistance by February or March 2025, we could see a maximum target of $3,000. It is crucial to remember that the alt season is expected to end in November or December 2025, and it is advisable to exit the market in November 2025.
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ETHBTC Set for 3X Gain: Strong Support Levels & Bull Run InsightETHBTC is showing strong support at the 0.0477 to 0.045 level, presenting a significant opportunity for traders. This level could provide an excellent entry point, with the potential for substantial gains. If ETHBTC breaks below 0.046, the next confirmed support level is 0.0355, where there is an 80% chance of a bounce, especially with the upcoming bull run projected to extend until November or December 2025.
ETHBTC is a crucial indicator for identifying alt season. If ETHBTC flip the 0.06 level, we could see a robust rally in altcoins. Historically, the targets for ETHBTC during a bull run have been a minimum of 0.09 and a maximum of 0.126 by late 2025.
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Matic Coin Analysis: Potential Gains of 13x, During Alt SeasonMatic coin currently holds a strong support level between $0.48 and $0.49. This level presents a promising opportunity for significant gains as we enter the altcoin season. Historical data suggests that if this support holds, Matic could potentially reach a minimum target of $3.415, offering an impressive gain.
However, if the $0.48 to $0.49 support level is breaking, the next major support can be found between $0.29 and $0.31. This level is crucial for Matic's long-term stability.
During a bullish alt season, Matic has the potential to soar even higher. Based on historical trends, the maximum target could reach up to $6.47, representing an extraordinary return of nearly 13x from the current support level.
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PEPE - Are You Ready?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 PEPE has been overall bullish , trading within the rising channel in blue.
Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting massive demand zone and round number $0.00001 in orange.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the orange round number and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #PEPE 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
DOT Coin at Strong Support Potential for 24x Gains in Alt SeasonDOT Coin is currently positioned at a robust support level between $5.1 and $5.4, indicating a significant opportunity for a substantial gain during the upcoming altcoin season. Historically, these support levels have proven to be a launchpad for impressive bullish movements, suggesting that now is an ideal time to consider an investment in DOT Coin.
As we anticipate the altcoin season, the potential targets for DOT Coin are particularly promising. Based on historical data, the minimum target for DOT Coin during a bull run is $122, with a maximum target reaching up to $138. These targets highlight the considerable upside potential for DOT Coin, making it a compelling choice for traders looking to capitalize on the altcoin market.
In conclusion, DOT Coin’s current position and historical performance make it a strong candidate for substantial gains. With solid support levels and ambitious targets, DOT Coin is well-positioned to thrive in the upcoming altcoin season. Traders should consider this opportunity to potentially maximize their returns as the market conditions align favorably for DOT Coin.
BTC dominance is about to be rejected from the cycle topBTC Price Perspective:
As of now, the dominance of Bitcoin (BTC) in the crypto market is quite close to the cycle top at 56%. Based on previous trends and current market observations, I am anticipating this to reach around the 57-58% mark before experiencing a rejection, much like the last two cycles we've seen.
In the first cycle, BTC dominance was at its peak around 96%. Following this, it experienced a significant crash to 35% in 2017. Interestingly, it was during this period that BTC hit its all-time high price for that specific cycle.
In the subsequent cycle, a similar pattern was observed. The peak dominance for BTC was around 73%, and this was followed by a sharp fall back to 38% in 2021. This was the period when BTC reached a new all-time high.
ALT Coin Perspective:
Given these patterns and the cyclical nature of the crypto market, we expect to see a similar trend in this current cycle as well. We predict that BTC dominance will touch around 58%, before crashing back to the 40% range in 2025.
Furthermore, based on these projections and market analysis, we anticipate that BTC will hit a new all-time high in 2025. This is indeed positive news for altcoins. Historical data shows that whenever BTC dominance takes a hit, the alt season comes into play.
Therefore, with the 2025 bull run's alt season yet to start, we believe this presents a favorable opportunity to invest in altcoins.
Invest in ALTs now and HODL
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GreenCrypto
BTC/Bitcoin - 62K Before 72K ? Ascending Triangle PatternIt seems that BTC is forming an ascending triangle pattern. The price is currently moving towards the support zone, around 62K. If this support remains intact, we can anticipate the next target for the price to be in the 71K to 72K zone.
Considering the expected bull market after the recent bitcoin halving, it's highly probable that the support will hold, causing the price to rebound from the support zone.
If the support from the ascending triangle breaks, we could see the bitcoin price drop to the 60K zone.
We'll see how this develops. Stay tuned for more updates.
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GreenCrypto
24/06/24 Weekly outlookLast weeks high: $67,290.83
Last weeks low: $62,212.60
Midpoint: $65,251.72
Despite the seemingly endless chop, last week was a very interesting one for BTC. Micro strategy added ~$800 worth of Bitcoin to their balance sheet, putting them at 226,000BTC, just over 1% of the entire BTC supply that will ever exist! In relation to microstrategy, Michael Dell has been sending some cryptic tweets reacting to the news that Saylor has added even more to their balance sheet. “Scarcity creates value” was his response. With the news that Dell is potentially buying or looking to buy Bitcoin it’s strange that BTC has dropped in price overall with overall sentiment in the space being very negative.
As we continue to slowly sell off and alt oins continue to get destroyed in both their stable and BTC pairs, I would like to see a clear capitulation wick with obvious strength on the bounce. It’s hard to say at what level that will come to, many are calling for GETTEX:52K which is a clear Bullish OB+, so it could be there however that would be devastating for all alt coins and may/probably have a bearish effect on the launch of the ETH ETF which is coming in the near future, 1/2 weeks.
For this week it’s purely about survival and looking for signs of capitulation, max fear and showing of strength following any potential sell offs. A slow bleed down within a range is very hard to catch the bottom but it would be better to see clear signs of reversal.
ALTCOIN BULLRUN UPDATE | IS BULLMARKET OVER OR NOT YET STARTED?What if I say the bull run hasn't started yet? It was just a Bitcoin run. Altcoin bull run (2024-25) will start very soon!
Retail is now panicked because they think bull market is over! Market will only continue to go down. That's what they think before the real bull run starts.
ETH is the king of ALT coins. Both the 2016-17 & 2020-21 ALT bull run started right after ETH (btc-pair) bottom and BTC-DOM top was made.
Bull run is not over! Check the chart, It hasn't started yet. The great altcoin bullrun (2024-25) is still to come🌚
When is it gonna happen?As we know BINANCE:CRVUSDT made all time LOW last week, but couldn't able to close a candle below old LOW which is at 0.34. Some might say BOS happened last week, but there are few things that I noticed and still considering LONG-FUTURES trade.
1. Multiple BOS happened since June 2022 somehow couldn't able to close a candle below.
2. MACD Divergence
3. Liquidity movement
4. Volume looking decent and increasing.
0.5 is a minor crucial zone which can decide either long or short. If BINANCE:CRVUSDT able to close a candle above 0.9 will be a huge confirmation to continuously go up even to make higher high in 1W TF.
What's next for altcoins ? TOTAL3 analysisAt present, the CRYPTOCAP:TOTAL3 , which excludes the Bitcoin and Ethereum Marketcap, is navigating through a critical phase. 'total3' has now come into contact with its short-term support level, a zone that has repeatedly demonstrated its strength and sturdiness, having successfully held up multiple times in the past.
This support zone is of paramount importance for the performance of alt-coins. In order for these alt-coins to see an uptick in their values, this support needs to prove its strength once again and hold firm. Moreover, the total market cap needs to experience a bounce back from its current position in the 600B zone. If these conditions are met, it could potentially lead to a significant price boost for the major alt-coins in the market.
However, there's always the possibility that this support fails to hold up. In such a scenario, the ensuing support is situated around the 500B mark, which is also a robust support level. Should the total market cap hit this support level, we can anticipate a bounce back. But it's crucial to note that if this support level is indeed tested, it could lead to a considerable number of alt-coins losing their value.
As of now, it remains to be seen which of these scenarios will play out. Personally, I am hoping for a rebound from the current support around the 600B mark, as it would bode well for the state of the market and the alt-coins in particular.
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GreenCrypto
Can we get a golden opportunity soon?So there are a few things that I noticed, and it could be a great opportunity to consider either SPOT or FUTURES trading. As you can see BINANCE:MATICUSDT was holding an uptrend channel it has been a good support since June 2022. Looks like it is breaking down which is a very bad sign to go down further, but there is a major support zone at 0.3-0.35 area. This support zone must hold it otherwise we might even see a 0.05 area. The closing candle around 0.485 will be 3rd BOS (break of structure), and confirmation to continuously
go down. I will consider Long trade around 0.3-0.35 area.