#LDO/USDT#LDO
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.80
Entry price 1.84
First target 1.885
Second target 1.94
Third target 2.00
Trend Analysis
TIATrendline Respect: The price has shown consistent respect for the established trendlines within the descending channel. These trendlines have acted as significant guides for the price movement, reflecting a clear structure in the market's behavior.
Potential Breakout: As the price narrows near the convergence of the descending trendline and support, there is a strong likelihood of a bullish breakout.
Future Movement: If the breakout occurs above the descending trendline, the price could see a sharp upward movement, potentially targeting higher resistance levels. This is depicted in the chart as a zig-zagging upward projection.
Confirmation Needed: Before any sustained bullish movement, confirmation of the breakout above the resistance trendline is critical. Traders should wait for price stability and volume increase as validation of the breakout.
Major Trend Reversal for Decentraland (MANA/USDT)! Long Term🔥 🚀Long Term 🚀 🔥
📈 Technical Overview:
Descending Wedge Breakout: MANA has invalidated its long-term bearish structure, surging past key resistance zones. 📉➡️📈
Higher High Formations: Consecutive HH patterns confirm bullish market sentiment and upward momentum. 🚀
Key Resistance Target: Next significant level lies at $1.938, aligning with historical Fib retracements and volume nodes. 📊💹
Critical Support Zone: Strong base established at $0.138—ideal SL placement for risk-conscious traders. 🛡️
⚡ Momentum Drivers: Bullish breakout supported by increasing volume and breakout above Ichimoku cloud, signaling trend strength. ☁️✅
💡 Signal: Enter long positions on pullbacks or confirmed close above breakout levels. HODL potential targeting $1.938+ in this textbook reversal pattern! 🌟
#CryptoAlerts #MANA #BullishBreakout
Top 3 high conviction altcoin SuiOver the years I have learned that crypto "fundamentals" dont matter. Category, and trending against BTC is all that matters if you want to make money. Do not get yourself sold by the story, look at the chart, this is internet money, not stocks. Sui I added back around the 2$ mark and I have been adding with size as I cut my slower movers (Near, AKT, INJ). Generally older tokens are not performing well in this market, its new tokens, and tokens that have trended for months up against BTC.
Sui has already dipped into the weekly demand zone. My target remains 6.35$. We note a cooling off BBWP that flashed red recently, and a resetting stochastic RSI, this cool off is needed.
BTC CME GAPS (4H)Bitcoin has two gaps on the CME chart.
The first gap has been filled. There’s another gap at $77,000, and it remains to be seen whether this gap will be filled before the price moves higher or if it won’t be filled anytime soon.
Currently, it's the end-of-year holiday season, trading volume has decreased, and we are observing dumps and pumps within a range-bound movement.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Gold → A Buying Opportunity or a Market Trap?OANDA:XAUUSD continuing to bring hope for buyers, trading inside the local upward channel resembles a flag on the backdrop of a local downtrend.
In the medium term, the dollar needs to be reassessed in the context of the Fed remaining supportive. This raises the question: What will happen to interest rates? Hold steady or increase? It must be understood that as Donald Trump prepares to return to the White House in January, the market will closely monitor U.S. economic data to forecast how the Federal Reserve will respond to anticipated inflationary pressures from administration policies, including tariffs, deregulation, and tax reform.
The focus remains on U.S. jobless claims data. Economists polled by Reuters forecast around 224,000 claims for the week ending December 21, up from 220,000 claims in the week ending December 14. If jobless claims figures rise significantly, this will put pressure on the USD, and the gold market may start trading with a slightly positive trend. And vice versa. However, Ben does not talk about growth based on these numbers. Theoretically, as prices approach strong resistance levels, selling pressure seems stronger. Be careful!
From a technical perspective, the price has the potential to rebound from any nearby strong level, which could lead to a subsequent decline. A key level to watch is 2620. If the bears manage to break this level and maintain their position below it, the overall selling pressure may intensify, likely resulting in a further price drop. The anticipated decline is expected to reach the range of 2,605–2,600 before setting up for any additional downward moves.
Best regards,Bentradegold!
Wishing everyone a joyful holiday season and a productive New Year 2025!
AAVE idea with Wave Pattern in PlayAAVE has made a cross on LSMA indicator, with the 20-day moving average (MA) crossing under the 400-day MA—signaling bear momentum. Additionally, a wave pattern appears to be unfolding, with the price now aiming to complete the 4th wave in the $345–$335 range before potentially entering its final wave.
Traders should exercise caution and closely monitor the $345–$335 zone for signs of consolidation or further downside (which may truncate a continuation).
Follow for more market insights and technical analyses.
NFA: This is not financial advice—always do your own research and manage your risk effectively.
Bitcoin Trades Above $90,000 (Altcoins Trading Strategy)To be a winner in 2025 you need to a buyer now.
I am going to share a simple trading strategy for the Altcoins market. It can apply also to Bitcoin but for Bitcoin there is need to wait until a support level is established/confirmed.
Good evening my fellow Cryptocurrency trader, merry Christmas in advance.
To be a winner in 2025, a big winner, you need to be a buyer in 2024. The market has to undergo more consolidation before the next bullish wave. This is normal, here is how it works:
First, we had a strong bullish wave. This bullish wave invariable ends in a correction. This correction leads to consolidation and this consolidation leads to a new bullish wave.
When the new bullish wave develops, two months from now, there will be another correction and this correction will be followed by additional growth and a major bull-run. This is a long-term perspective.
You cannot buy when prices are going up or after the action is in. This would limit your potential for big wins.
Here is the strategy simplified: Buy and hold with a waiting time approximating three months. By three months, we are green with 1-level up or 100% profits vs our current entry price. This is a generalization. Some pairs will be at 300% profits while others will be at 20%.
It will take 2-3 months for full green and 4-6 months to close a full successful trade. So we are looking at a time horizon of six months and a half for successful spot traders. You can win 400-600% easily on each pair, if the choice is the correct one.
We had a preview just last month ending this month. A very long consolidation phase between July and October led to massive growth. We saw some pairs quadrupling or more. Even the big projects with billions of dollars worth of market cap grew several levels, which is amazing.
We had a preview in 2023 when everything grew 500%.
We have experience from 2021 when the market produced its previous bullish phase.
We know what is coming;
We know how it all happens;
We can prepare in advance.
Crypto is going up.
We are looking at an awesome opportunity for those who decide to buy and hold.
There are many ways to approach the market. This is just a general strategy and must be adapted to your own capital, trading style, risk tolerance and goals.
This is not financial advice.
You are appreciated.
I welcome your continued support.
Thank you for reading.
Namaste.
Bitcoin Update:Bitcoin Update:
A significant weakness in the movement and we may see a decline and a break of the current support
Stay away from speculation completely and watch the market if the decline ever happens support your deals
On the other hand
A pattern was formed in the fifth wave and then to the historical peak areas of 112 thousand, but we will rely on the 87 areas as a correction
There is no need to worry and panic, the general trend is still upward and we are closely monitoring
Easy Play on ARMToday, we have our easy play on ARM. As you may have seen from my ideas, they always hit the mark. Whether it's skill or luck, we may never know. However, Tesla, ASML, Apple (twice), Nvidia, JD.com, and the Hang Seng have brought us great satisfaction this year. But the winner is SMCI (Super Micro Computer), which gave us an 80% gain in short and a 160% gain in long positions. My ideas were the only ones on TradingView that truly thought outside the box.
With ARM, we'll do the same: keeping it simple. It’s forming a symmetrical triangle both on price and on OBV and RSI. We'll buy at a steep discount and sell when everyone else is buying at the highs. Stay tuned for updates on ARM—if I think the idea is no longer valid, I'll cancel the trade!
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