HelenP. I Bitcoin can reach resistance level and then start fallHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some days ago declined to the support level, which coincided with the support zone and even soon fell lower, but later turned around and made impulse up to the 71800 resistance level, thereby making a fake breakout of 63100 level. Soon, BTC entered to resistance zone, but some time later it turned around and made a strong impulse down to the trend line, breaking resistance with support levels. After this movement, Bitcoin turned around and started to move up inside an upward channel, where in a short time broke the 63100 support level again and then rose to the resistance line of the channel. As well then, the price reached a resistance level one more time, but at once rebounded, and at the moment it trades below. For my mind, Bitcoin will reach a resistance level again, after which the price turn around and start to decline to support line of the upward channel, which is the trend line too. That's why I set my TP at 68000 points. If you like my analytics you may support me with your like/comment ❤️
Usdt
🔥 Bitcoin: Bull-Flag To 80k!After bottoming out around 61k, BTC has seen a sizeable bullish correction. Over the last few days, BTC has been trading mostly sideways in a bull-flag / channel pattern.
This signal makes the assumption that BTC will continue to make higher-lows in the short-term and will eventually break out and make new all-time highs. Fairly confident that the pending break out can take us to >80k.
USDT Dominance The USDT Dominance analysis with which we confirmed the growth of the market. It reached the target range of 4%, indicating market growth. The next key area to watch is below 3%, where reactions need to be observed. The 4% level isn't significant, but rather a point where the market structure continues.
When USDT dominance goes down, it means that fewer people are using USDT (a type of stablecoin) compared to other cryptocurrencies like Bitcoin and altcoins. This usually happens when investors feel more confident in the cryptocurrency market and want to invest in different digital currencies. As more money flows into Bitcoin and altcoins, their prices tend to go up because of increased demand.
ETHEREUM - Price can reach resistance level and try to break itHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price entered to rising channel, where in a short time later it reached $3060 level with support area.
After this, ETH soon broke this level, made retest, and continued to move up to $3670 resistance level.
Ethereum reached and broke $3670 level and rose to resistance line of channel, after which made downward impulse.
Thereby price exited from rising channel, broke mirror line, fell to $3060 level, and started to move up in triangle.
Inside triangle, ETH rose to resistance level, but recently bounced down and now trades near support line.
In my mind, Ethereum can reach resistance level and break it, after which continue to rise to $3965 mirror line.
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Bitcoin can correct to support line and then make impulse upHello traders, I want share with you my opinion about Bitcoin. A not long time ago price rebounded from the support level, which coincided with the support area, and in a short time rose to 69000 points, after which turned around and made a strong downward impulse to lower the 64800 level, breaking it. After this movement, BTC started to trades in an upward pennant, where rebounded from the support line and quickly rose to 68200 points, breaking the support level again, but soon price repeated a downward impulse and fell back to the support line, breaking the 64800 support level one more time. Soon, BTC started to grow and in a short time reached the support level, broke it, and finally continued to move up to the resistance level, but firstly it made a retest of the support level and only then continued to grow. When the price reached a resistance level, which coincided with the seller zone, BTC broke it, and some time traded in this zone, after which made a small correction below. Later price rose to the resistance line of the pennant, after which rebounded down, and at the moment price trades very close to the resistance level. For this case, I think that Bitcoin can make a correction movement to almost the support line and then the price will impulse up a higher resistance line and 70500 level, thereby exiting from the pennant. After this, I think BTC will continue to grow to 72500 points. Please share this idea with your friends and click Boost 🚀
It could reach $2.50 within a few weeksWhat's going on friends,
I took this trade with the sole intention to make profits, so I have a stop above my entry, around the $0.55 cents because I wouldn't want to be negative here.
But if it plays out, the pattern I mean, $2.50 could come within weeks, maybe right after BTC's final pull pack patter is done and we're finished with this short term down trend.
Don't miss this one!
RARI USDT TO $50RARI USDT TO $50
Long accumulation phase on WEEKLY timeframe that finally broke out.
This recent breakout from a long accumulation phase on the weekly timeframe suggests significant potential upside.
Notably, it broke out of a drawn-out weekly descending channel.
Generally, the higher the timeframe of the breakout, the larger the potential move.
We observed a similar scenario with AVAX. We entered AVAX when it was under $10 and caught the mega-pump upwards of $40.
Target: $50
--------------
Why $50?
RARI boasts a maximum supply of 25,000,000 tokens, with nearly half of that already in circulation, totaling 11,578,869. Presently, the market cap stands at $50,000,000. In the dynamic world of NFTs, which gained substantial traction in 2021 and are poised for even greater prominence in the upcoming bull run, RARI stands out. Not merely an NFT platform, RARI has evolved into a Layer3 ETH chain, featuring its own smart contract platform. This development is significant and positions RARI for substantial growth.
A noteworthy aspect that often goes unnoticed is RARI's dual presence on Coinbase, as well as its inclusion in the Coinbase Ventures Portfolio. Historical trends indicate that coins backed by prominent institutions and venture capitalists tend to perform exceptionally well. Given its functional utility and use case, a target of $50 seems plausible. Achieving this mark would elevate the market cap to $500,000,000, a realistic milestone.
It's essential to recognize the scarcity of RARI's token supply, making it susceptible to significant price pumps. While the potential for RARI to surpass $50 exists, this target represents a conservative estimate. It's crucial to acknowledge that we're still in the early stages of RARI's journey, particularly considering that its smart chain has recently launched. Therefore, achieving this long-term target may take months or even years.
Rarible Protocol – open-source and free-to-use infrastructure for building NFT apps and experiences, such as marketplaces, wallets, analytics and more. RARI Chain is a secure and low-cost Ethereum L3 chain that guarantees royalty payments through enforcement on the node level. RARI Foundation and RARI DAO are committed to broadening the NFT use case horizon by creating a creator-centric and fully decentralized robust ecosystem.
RARI has been a fixture on my watchlist for months, and I'm pleased to share that my average entry price was $1.57, a detail I've also shared with my followers.
COINBASE:RARIUSD KRAKEN:RARIUSD CRYPTO:RARIUSD POLONIEX:RARIUSDT MEXC:RARIUSDT COINEX:RARIUSDT GATEIO:RARIUSDT BITMART:RARIUSDT
Bitcoin Irregular Expanded Flat Fractal Straight Up 90kJust an idea, I noticed Bitcoin played out a fractal similar to the previous bull run top. If Bitcoin plays out this fractal then a straight shot to $90k could very well be in the cards. Obviously on the higher time frame it will be a little slower action that on the daily we just had but none the less it would go up pretty fast. I believe the current rally we are having is the first wave of a massive, massive bull run coming for Bitcoin. I think this run is going to go up so fast it will literally leave everyone behind that is waiting for new lows or even on the sidelines. When this thing goes it could make 50% moves up in a single day. Most people arent prepared for that and with all these exchanges ceasing operations in USA, almost one a day now, most people wont even be able to get in or get out at the top. Oh you got Coinbase App? Good luck, look at the history of Coinbase, their site goes down when things get crazy almost every single time, so by the time you get in Bitcoin on Coinbase Bitocoin may well be at 100K or more. Coinbase also cancels orders if it goes up to fast and refunds your money. If you are waiting on the sidelines make sure you have more than one avenue to get and get out so you're not left behind.
I dont know guys I see a giant bond collapse coming, and hyperinflation to try and prop up this giant house of cards, which wont work this time. Keep an eye on the Euro. When the Euro starts to tank the USA is maybe a week behind. Also watch silver, when silver starts going up $5 a day just know that shit has hit the fan and the collapse of the USA dollar and all the western republics is very near. Make sure you have some silver if you dont already just as money so you can buy what you need because no one will accept the US Fed Note Dollar. Good Luck out there. This is not financial advice this is just my opinion.
DIAUSDT.2HLooking at the DATA/USDT chart, the price appears to be fluctuating within a fairly well-defined range, indicative of a consolidation phase in the market.
The Ichimoku Cloud is present but not providing a clear trend signal since the price action is choppy and overlapping with the cloud. The Conversion Line and the Base Line are intertwined, which typically indicates a lack of directional momentum. Moreover, the Lagging Span is within the price action, not offering a clear bullish or bearish signal.
The RSI is at approximately 50, reinforcing the indecision observed in the price action and Ichimoku Cloud. It's neither in the overbought nor the oversold region, suggesting the absence of immediate buying or selling pressure.
The MACD is showing very little separation between the MACD line and the signal line, accompanied by a flat histogram, which further confirms the current market indecision.
Resistance levels are identified at R1 (0.0891 USDT) and R2 (0.10295 USDT), while support levels are denoted by S1 (0.06279 USDT). Given these observations, my trading plan would involve waiting for a decisive breakout above R1 or a breakdown below S1 before establishing a position. A breakout above R1 could suggest potential long entries with targets near R2, while a breakdown below S1 may indicate potential short entries with considerations for further support at lower levels.
In light of the current market structure, it's important to note that the consolidation pattern can persist until a catalyst induces a breakout. Trading within the range can be risky due to the possibility of a false breakout, so I would prefer to wait for a strong volume move confirming the breakout direction. As always, I would keep an eye on broader market news and sentiment as these can heavily influence price action outside of technical patterns.
BTCUSDT.4HIn this BTC/USDT chart, the overall structure is bullish, as indicated by the price being well above the Ichimoku Cloud. However, currently, the price action is showing some consolidation after a significant uptrend.
The Ichimoku Cloud's span is wide, which usually represents a strong trend, but the price nearing the Conversion Line (blue) might suggest a short-term retracement or consolidation phase. The Lagging Span is above the price action and cloud, reinforcing the bullish sentiment over the longer period.
The RSI is around 55, which is fairly neutral and gives room for movement either way without immediate overbought or oversold concerns. This is indicative of potential further upward movement if the market sentiment remains bullish.
The MACD shows the histogram trending downward, and the MACD line is below the signal line, suggesting that the bullish momentum is currently weakening. A close watch is necessary here as this might signal the onset of a bearish phase or just a temporary pullback within a larger bullish trend.
Key resistance levels are identified as R1 at 74084.32 USDT, R2 at 78848.72 USDT, and R3 at 82704.45 USDT. These are important barriers for the bulls to overcome to continue the upward trajectory. On the flip side, support levels are found at S1 (67238.06 USDT), S2 (60665.16 USDT), S3 (56202.15 USDT), if a bearish reversal occurs.
My analysis suggests a cautious approach. The potential for continuation of the bullish trend is there, but the recent weakening momentum warrants vigilance. I would consider taking a long position if the price bounces off the Conversion Line with strong volume and an RSI that avoids the overbought territory. A close below the Cloud might shift my stance to bearish, considering short positions towards the nearest support levels.
DIAUSDT.4HAnalyzing the DIA/USDT chart, I observe a few key technical elements. The price is currently trading in a narrow range, which is encapsulated within the Ichimoku Cloud. This often indicates indecision in the market as traders wait for a clearer signal on the direction of the trend.
The Ichimoku Cloud is flat, which reinforces the indecisive sentiment, indicating a lack of strong trend. The Conversion Line (blue) is above the Base Line (red), which typically suggests bullish sentiment; however, the price being within the cloud doesn't give a clear bullish signal just yet.
The RSI is at a neutral 51, which doesn't suggest overbought or oversold conditions and aligns with the market's current consolidation phase.
The MACD indicates a recent bearish crossover, with the MACD line crossing below the signal line. While this could suggest some bearish momentum, the closeness of the lines and the small histogram values indicate that the bearish momentum is not strong.
The chart indicates resistance at R1 (0.7480 USDT) and R2 (0.8196 USDT), while support levels are marked at S1 (0.6469 USDT) and a further significant level at SZ (0.5346 USDT). These levels will be important to watch for potential breakouts or breakdowns.
From a trading perspective, I would remain on the sidelines until a clearer signal emerges. A breakout above the Ichimoku Cloud and the resistance at R1 might suggest a potential long position with targets at R2. Conversely, a breakdown below the cloud and S1 could signal a short position with the target at SZ. Given the MACD's recent bearish crossover, I would be cautious of a potential downward move, but without a significant momentum indicator, I would wait for additional confirmation before entering a trade.
CVPUSDT.4HExamining the CVP/USDT chart, we see the price within a steady uptrend channel marked by the ascending trend lines acting as support (S1) and resistance levels. The price is hovering around the middle of this channel, suggesting a balanced act between buyers and sellers at the current levels.
The Ichimoku Cloud is beneath the price, which generally indicates a bullish trend in the medium term. The price is trading between the Conversion Line (blue) and the Base Line (red), which suggests a degree of equilibrium between short-term and medium-term sentiment.
The RSI is positioned at 60, slightly leaning towards overbought territory but not quite there yet. This indicates some buying momentum, although there’s still some room before it potentially hits overbought levels where a reversal could be expected.
The MACD is showing a bearish crossover with the signal line above the MACD line, which could be an early indication of slowing bullish momentum or a potential trend reversal. However, the MACD lines are close together, and this could also be a sign of consolidation rather than a decisive move down.
Resistance R1 at 0.674 is the next significant hurdle for price action, while the immediate support S1 at 0.5250 will be critical to maintain the current uptrend structure. A further support level S2 is also identified, suggesting a region where buyers may step in if a more substantial pullback occurs.
As a trader, I would monitor for either a bounce off the S1 support as an opportunity to take a long position within the trend channel or a break above R1 to trade a breakout with potential higher targets. Conversely, if the price breaks below S1, it could indicate a deeper correction, and I might consider a short position with a view of targeting S2, taking care to place a stop loss to manage my risk in case the uptrend resumes.
FLOKIUSDT.The chart for FLOKI/USDT shows an interesting pattern that warrants a closer examination. The price is oscillating within a rising wedge pattern, which is typically considered a bearish pattern despite the overall uptrend.
The Ichimoku Cloud is still below the price, indicating bullishness in the medium-term trend. Yet, the price is below the Conversion Line (blue), which might suggest a short-term bearish bias or a correction phase. The Lagging Span is above the price action but is approaching it, which could be an early warning sign of a potential downturn if it crosses below the price.
The RSI is at the midpoint, around 51, which is neutral territory. This doesn't provide a strong directional bias, but the fact that it's not in the overbought region means there is room for the price to move in either direction without immediate pressure from overbuying.
The MACD is showing a very slight bullish momentum as the MACD line is above the signal line, but just barely, and the histogram bars are quite small. This indicates that the bullish momentum is not strong and could easily flip.
Given the rising wedge pattern, which often resolves to the downside, and the indicators showing a lack of strong bullish momentum, I would prepare for the possibility of a downward breakout. The key support levels to watch are marked as S1 at 0.00016105 USDT, S2 at 0.00008947 USDT, and a much lower S3. A breakdown below S1 would increase the likelihood of testing S2 and potentially lower.
I would be cautious about entering long positions within this rising wedge. If I were holding FLOKI, I might consider setting a stop-loss order just below S1 to protect against the potential drop you’re anticipating. If entering a new trade, I would wait for a breakout confirmation. A bearish breakout would have me looking for short positions with targets set at S2 and beyond, while a bullish breakout above the upper trend line of the wedge might cause me to reevaluate for a potential continuation of the uptrend.
HelenP. I Binance Coin can break trend line and fall to $560Hi folks today I'm prepared for you Binance Coin analytics. A not long time ago price declined to the 598 resistance level, which coincided with the resistance zone, and in a short time broke it. After this, BNB continued to decline to the 535 support level, which coincided with the support zone and also broke this level too and fell to the trend line. After this, the price turned around and made an impulse up from the trend line to 585 points, thereby breaking the 535 support level. After this movement, BNB made a correction to the support level and then continued to move up to the 598 resistance level. When the price reached this level, it at once rebounded and declined to the trend line, after which, a not long time ago bounced and continues to move up near this line. For my mind, Binance Coin will reach the resistance level again, after which the price can rebound and decline to the 560 level, breaking the trend line. If you like my analytics you may support me with your like/comment ❤️
Ripple can continue to move up inside rangeHello traders, I want share with you my opinion about Ripple. Looking at the chart, we can see how the price some time ago rebounded from the resistance line and made a strong impulse down to 0.6035 support level, which coincided with the buyer zone, thereby breaking the 0.6585 resistance level. After this, the price at once rebounded from this level and rose to the resistance line and even higher this line, but soon fell back, making a fake breakout. Also later, XRP declined below the support level and some time traded there. After this, the price turned around and made a strong impulse up, breaking the support level one more time and soon the resistance line, after which Ripple started to trades in a range. In this pattern, the price first rose slightly, then fell to the support level, after which rebounded and rose to 0.6585. But recently, Ripple turned around and in a short time declined to the 0.6035 level, after which it rebounded and started to move up. So, now I think that XRP can continue to move up inside the range. For this case, I set my target at the 0.6410 level. Please share this idea with your friends and click Boost 🚀
BITCOIN - Price can enter to resistance area and then start fallHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price moved up inside rising channel, where it reached resistance line and then made a correction movement.
After this, BTC bounced from support line and made strong upward impulse to $60750 level, exiting from rising channel.
Then, price broke $60750 level and started to trades in flat, in which BTC in a short time rose to $71800 level.
Also, price entered to resistance area, but soon turned around and declined back to support level, making fake breakout.
A not long time ago, BTC bounced from this level and rose to $71800 level again, and now trades close.
In my mind, Bitcoin can enter to resistance area one more time and then start to decline to $64500
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KOKUSDT 1W LONG📈Hi all. Timeframe 1 week. I take this instrument in spot for a couple of percent from the depot, medium/long term. After a fall of 98%, it is in an accumulation channel with increased volumes, the channel step is more than 100%, which can also be used for trading. Marked goals and levels on the chart.
RIPPLE - Price can make correction move and then continue riseHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price made upward impulse to $0.7470 points, breaking $0.6780 level, but then in started to decline in channel.
In falling channel XRP soon broke $0.6780 level again and then declined back to $0.5980 level, which coincided with support area.
Later, price made fake breakout, turned around, and started to grow in the rising channel, exiting from past channel.
Inside rising channel, Ripple rose to resistance line, but a not long time ago bounced and fell to support line.
Now, it continues to rise near this line and I think that XRP can fall below support line of channel.
After this, price can turn around and start to move up to $0.6780 resistance level, making fake breakout.
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🔥 When Will Bitcoin Reach The Cycle Top? In this analysis I'm going to take an attempt at making an educated guesss at when Bitcoin will top, purely based on price action.
On the chart you can see Bitcoin's price action over the last 13 years on the 2-week chart. The arrows are drawn from the first candle close above the previous all-time high (purple lines).
In short, it takes between 17 - 24 bars (34 - 48 weeks) before Bitcoin reaches it's cycle top, 20 bars on average. Seeing that we're currently at the first candle close above the last ATH, we can extrapolate previous data and reach the conclusion that Bitcoin will top in December 2024.
When do you think that Bitcoin will top? Share your thoughts!
🔥 Bitcoin Bottom Might Be Near! Bull-Market Continued 🚀In this analysis I want to discuss the possibility that Bitcoin's temporary correction might be at the ending stages and that the bullish trend might continue in the near future.
I want to look at two things:
- The price has hit the purple dotted support on the chart.
- The RSI has hit oversold on the 4H chart for the first time since late January, at the start of the bull-run that took us from 39k > 74k.
These two factors combined make me believe that a bottom is potentially near and that we can make a decent trade off this area. Target at 80k, stop below the March 5th dump, to create a good trade with a RR of exactly 5.
🔥 Bitcoin Bearish Head & Shoulders Pattern: Time To Watch Out?Preface: I'm still bullish on the crypto market as a whole. I still think it's likely we're going to make new highs in the near future. This is a more short-term oriented trade and will only be activated under certain conditions.
In this analysis I want to shed some light on a pattern that one of my commenters recently informed me about. Although it's not the best H&S pattern ever, it's still a valid pattern in my view, especially with the recent reversal from 68.000$.
I'm going to wait for BTC to pierce through the dotted yellow support and retest the 61.500 area before considering a short entry.
Target placed at 51.000, but will likely take partial profits around 57k.
This reversal is in line with another analysis I made a couple of weeks back. BTC has entered a major area of resistance and could see a decent correction before moving back up.