From $2k Resistance to $10k Momentum: My ETH/USD Strategy RevealIn this video, I dive deep into ETH/USD price action and chart analysis as we revisit predictions from months ago. Watch how the market has followed my call nearly to the dollar, with a touch at the $2k zone and resistance near the previous ATH. With 170% returns still on the table, I'll share my thoughts on the bullish momentum and how it aligns with previous cycles. Could ETH/USD truly shoot toward $10k? Join me to uncover the strategies and insights behind this swing trading setup, and see how to capitalize on the current market momentum.
Cryptomarket
XrpUsd - The beginning of the end?BITSTAMP:XRPUSD is actually attempting to invalidate my long term bullish case scenario.
Trading cryptocurrencies in general is not easy. You always experience two digit moves in single days and drops of -10% are never easy to digest. Looking at the higher timeframes is key though, also on XrpUsd. XrpUsd is still trading in the triangle formation and retesting the last bullish inflection point. My general optimism tells me that we will see a bullish rejection here.
Levels to watch: $0.42
Keep your long term vision,
Philip - BasicTrading
Giving $TURBO a Second Chance: Positioned for Outperformance
OKX:TURBOUSDT is a bit behind $NEIRO by a 2x. If CRYPTOCAP:ETH starts moving in Q1 (which I expect), I see MYX:TURBO outperforming, along with related #memes under ETH.
Buying anything close to or below 0.0069.
Targeting a 4x move from there.
Ready for $TRB to Pop: Positioned at $80 with Eyes on $200LSE:TRB has been extremely stagnant for the last couple of weeks. I believe a move is coming soon, so I'm placing a bet here at $80 and leaving the rest at $66 in case it trickles down a bit.
Invalidation is a close below $58.
Aiming for a minimum of $200.
Both the monthly and weekly charts are confirmed—just waiting on the final quarterly signal.
VeChain Price Analysis: Targeting $0.22 in a 32-Day CycleThis is my analysis of VeChain's price chart. I believe it will behave similarly to its performance in 2021. Over a 32-day period, I anticipate the price will rise to $0.22.
Additional Notes and Suggestions:
1. Historical Patterns:
Comparing the current price action to 2021 is a reasonable approach if there are clear similarities in volume, sentiment, and market conditions. However, ensure you evaluate the broader crypto market trends in 2024 compared to 2021 to validate this comparison.
2. Fibonacci Levels:
The chart shows strong resistance near the $0.18-$0.22 levels (Fibonacci 1.0-1.618). Monitor how price reacts to these levels, as they could either confirm the bullish breakout or signal a reversal.
The 0.786 ($0.14405) and 0.618 ($0.11635) retracement levels could act as key support zones in case of a pullback.
3. Volume and Momentum:
Look for increasing trading volume and strong bullish momentum to support your prediction. A divergence between price and volume could indicate weakening trends.
4. Risk Management:
If trading, set stop-loss levels to manage potential losses. Price could consolidate or retrace sharply, particularly if broader market conditions shift.
5. Market News:
Stay updated with any VeChain-specific announcements or partnerships. Positive news can act as a catalyst to accelerate price movement towards your target.
BRETT Long Spot Trade (Buying the Dip) Market Context:
BRETT's current price action suggests that any dip into the $0.18 zone represents a strong buying opportunity. The setup shows potential for significant upside, with favorable risk-to-reward dynamics.
Trade Setup:
Entry Zone: Around $0.18
Take Profit Targets:
First target: $0.30
Second target: $0.50
Third target: $0.75
Stop Loss: Daily close below $0.15
This trade aims to capitalize on the dip into support, targeting substantial price expansion in the upcoming trend.
BOME Long Spot Trade (Potential Trend Reversal)Market Context:
BOME has shown signs of a potential upward trend after reclaiming its 21-week EMA. The memecoin sector's recent growth could further support this setup, providing a strong risk-to-reward opportunity.
Trade Setup:
Entry Zone: Around $0.009
Take Profit Targets:
First target: $0.012
Second target: $0.016
Third target: $0.020
Stop Loss: Daily close below $0.007
This trade seeks to capitalize on the recent EMA reclaim and the potential for upside in the memecoin sector.
Last Chance to Buy $SOL before $1k!Possibly the last chance to enter on $SOL. Many are expecting this to be the top, but most trends still point higher. With the quarterly trend active and a cooldown into a monthly block with daily confluence... what more can you expect?
In my books, this is a buying opportunity.
I’m buying more sub-$210.
December might just be the last chance to get in at these prices. BINANCE:SOLUSDT
2400+ captured in BTC again today, signal still onHey Guys,
my custom Sentiment Indicator (PAID) is doing an outstanding job by capturing the sharp moves which comes after consolidation. signal is still on and 2400+ points captured... red background/green background mean sell/buy with or without buy/sell button... This is so helpful specially to beginners, this can help even if people dont know much where traps are, where price can reverse.
another amazing day and another powerful performance
DASH - an old-timer set to growDash has been around the block for pretty long time. I remember when it had multiple ambassadors and they promoted Dash as a new digital cash.
Of course when the main altcoins were litecoin, dash, ethereum and a couple of others, they've gained a lot of attention and growth (look at 2017). But they've lost marketing points to DeFi, Smart chains, and even memecoins. So it is highly doubted that Dash will reach previous levels but a pump to ~$200 zone is almost imminient during this altcoin season.
Analysis of TOTAL2 TargetsAs we can see, the overall trend is bullish. After breaking the March high, the only remaining step for the market to truly thrive is to break the most recent peak and form a new high. There is only one direction now: upward.
The potential paths for this upward movement are as follows:
Scenario 1:
A pullback to the 1.27T level followed by a strong continuation to the upside.
Scenario 2:
A direct upward move without any significant correction.
Potential Milestones After Breaking the All-Time High:
2.11T
3.57T
11T (final target)
The market is showing promising signs of strength, and these key levels could be the focus for the next phases of growth.
Let’s keep a close eye on price action and prepare for what’s coming!
DUSK USDTGonna bet myself on the market this time. It looks too good to be true but if the crypto market cycle this time still flowing to coins with small market cap. This chart setup looks possible! The best ever scenario allows DUSK to push 10X target.
DUSK itself is RWA and Privacy narrative coin with only $100M market cap. Social media attention still active until today. A very good setup from here. Let's see
Cosmos (ATOM)📊 Comprehensive Analysis of ATOM
🔍 Overview: ATOM, after experiencing a significant decline, entered a downward channel with a slight slope toward its weekly support level. With notable trading volume entering, it managed to rise strongly above the weekly support zone and the bottom of the descending channel. Currently, it is moving toward the top of the descending channel, where a critical weekly resistance (red zone) lies, with the possibility of a correction at this level.
🕰 Technical Analysis:
🔸 Current Status:
The price is approaching the top of the descending channel and the weekly resistance (red zone).
For buyers who entered at the channel's bottom, partial profit-taking in the red zone is a reasonable strategy.
🔸 Key Levels for Entry and Price Targets:
Entry: Confirmation of price stabilization above the weekly resistance (red zone) is essential for re-entry.
Targets: Breaking this resistance could push the price toward the yellow and green zones.
🔸 RSI Status:
If the weekly RSI enters the Overbought zone, the likelihood of breaking the weekly resistance increases.
This breakout may lead to a sharp price movement upwards, with the potential to reach Over-Extended levels.
🎯 Price Levels:
Short-Term Target: Weekly resistance (red zone).
Mid-Term Target: Yellow zone after breaking the resistance.
Long-Term Target: Green zone and Over-Extended levels.
💡 Summary:
Bullish Scenario: Breaking and stabilizing above the weekly resistance could lead to sharp upward movement toward higher targets.
Bearish Scenario: If the resistance is not broken, a price correction toward lower supports (such as the middle line of the channel) is possible.
📌 Recommendation:
Prioritize risk and capital management.
Confirmation of resistance breakout with high volume and appropriate RSI conditions is crucial.
YFI Looking Bullish#CryptoWhale100Billion Alt Coin Analysis: YFI
🚀 Bullish Trend Alert for YFI! 🚀
My analysis indicates that YFI may experience a bullish trend in the medium term. The current price is hovering around the support level of $5300. If it manages to hold this level, we can expect the price to rise to the next resistance level at $8400 and potentially break out.
🔍 Technical Indicators:
RSI: Currently in the oversold region, indicating that ATOM is undervalued and may experience a bullish reversal soon.
MACD: Showing signs of a bullish crossover
Buy: At the current price or lower.
Hold: Maintain the position and consider adding more if the price breaks through the resistance level.
Stop-Loss: If the price drops below the support level of $5000, consider buying or setting stop-loss orders.
📈 Your Thoughts?
Shoot me a message with your Technical Analysis to share your thoughts and trading strategies. Let's discuss where ATOM might go next!
👍 Press the Thumbs Up and leave a comment below with your ideas on ATOM's future movements.
Follow and like! I'll keep making more of these charts.
Thank you for the support!
🔗 Previous Chart Links for Reference Below
#CryptoWhale100Billion #YFI #CryptoAnalysis #TradingStrategy #BullishTrend #TechnicalAnalysis #CryptoCommunity
sol usdtSolana (SOL/USDT)
According to my analysis, the price of Solana is expected to move within the range of 205 USDT to 195 USDT initially. Following this, projections indicate a potential price increase, reaching up to 350 USDT in the coming period. I recommend exercising caution and closely analyzing the market before making any investments.
Best regards,
GashiFX
AVAX SWING LONG IDEA - ALTCOIN SEASON AVAX is one of the most well-known coins, with strong fundamentals. I believe it will perform well during the 2024-2025 bull run.
The price is coming from the monthly demand zone, showing solid rejection and strength. It also broke the diagonal trendline responsible for the bearish trend. The weekly momentum is strongly bullish, and the daily momentum is also bullish, supported by Bitcoin's strength.
The price may form a small range here before taking off straight toward the purple targets.
I’ve bought a spot position here and will be holding it all the way to new highs and targets above.
BTC Dominance Chart - BITCOIN DOMINANCEBTC Dominance is the most important chart to follow to understand whether the crypto market is in an altcoin or Bitcoin season.
Currently, Bitcoin Dominance is in a strong bullish trend and has reached the 60% level. This means that Bitcoin alone holds 60% of the total crypto market value. In other words, the entire altcoin market, including ETH and other large-cap coins, represents only 40% of the market. Considering the crypto market has over 2,500 different coins/assets, it’s notable that all of them combined only account for 40% of the total market value, while Bitcoin alone makes up the other 60%.
In previous bull market cycles, this chart typically shows initial bullishness, followed by a strong reversal to the downside after a few months, which brings the largest returns in the altcoin market.
A bullish trend in BTC Dominance indicates that Bitcoin will outperform altcoins, whereas a bearish trend suggests the opposite.
Currently, BTC Dominance is moving within a parallel channel driving its bullish movement. It has reached the weekly supply level and is now approaching the monthly supply level. I expect BTC Dominance to hit this monthly supply level at the top of the channel, experience rejection, and start moving lower. Eventually, I anticipate it will break below the entire channel, signaling a large influx of capital into altcoins. This shift has the potential to create significant returns for altcoin investors.
I believe this scenario is likely during the 2025 bull cycle, so be prepared to build generational wealth.
Nothing New Here With XRPThis thing has been trading in a giant range against Bitcoin. It has been exploited as an accumulation tool, with very specific and seemingly coordinated price action. I'm honestly a bit surprised Ripple got away with their shenanigans and that their court case went the way it did. The result left the doors open for this thing to fly. It's important to pay attention to the token supply - it is primarily used to enrichen its founders during price bumps. At one point, I was bullish on it, but after observing this behavior over and over again, I caught on.
Interestingly, it almost seems like XRP and XLM were repressed a little bit during the last cycle due to the court case, and now they've got a bit less sell pressure. XLM is associated with XRP, due to its founder having been originally part of the Ripple project.
These coins can be extremely volatile during period of price appreciation. Just look at those spikes and retraces. Best not to get caught off-guard. All I can say is, I'm happy for those who held this long and are able to skim some profit today.
A note of caution: Explosive price behavior from XRP often precedes a broader shift to the downside for the market. This can come in the form of an extended correction or the end to a bull market.
Looking at XLM/BTC, price has only reached levels seen not too long ago. In 2017, the ratio exploded 30x once it hit those sub 200 sats levels. So, in theory, price has a lot of room for upside...it's just that once the end of the pump is reached, it could be many years before it sees prices that high again, particularly in Bitcoin valuation.
XLM/BTC for reference:
Though I also suppose, if I'm going by my previously held opinions on XLM, its applicability as a currency is far superior to Bitcoin, so, in a world where cryptocurrencies exist AS CURRENCIES, I'd rather XLM win out in the end. I don't mind the project so much as its price action appears somewhat manipulated and unpredictable.
That's it from me! Thanks for reading as always. And of course this represents my opinion only, and is not meant as financial advice.
-Victor Cobra