BTC is struggling to find support, giving the market some really good opportunities to accumulate. Although the 4h oscillators look bottomed out, the daily keeps me critical of the current market conditions. The daily timeframe seems as if it wants to get its full reset, this would result in more downside across the crypto market. Are you ready?|
The solana token move-UP has begun , I published a previous idea where I spotted the bull flag earlier, while building up. Previous idea here below, if you missed it. https://www.tradingview.com/chart/SOLUSDT/1Zun9LSN-SOLANA-Bull-Flag-Building/ A near resistance level has just been broken to confirm that CRYPTOCAP:SOL is ready to push up on a parabolic run, despite bitcoin dumping. I am holding from GP price level. My hopeful target is $300 - $500 . CRYPTOCAP:SOL is expected to go back to previous high price. More update to follow as we go along Merry Christmas TRADENATION:SOLANA ?? Comment if you agree. Like if you disagree
The second channel has the same horizontal length in time as the first, I expect an accumulation phase which will last till summer and then we see break out of the channel and possible upward targets such as 140k. The second channel has not been formed yet, and I wait to see if next short term movements confirm the channel limits. This is not a yet a long trade idea as you see the possible movements in the channel, it might worth trying some swing trades.. Not a financial advice! Ps. Let me know what do you think.
daily, trendline break + retest Long 74 Stop 71 Target 86, 100 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Ethereum (ETH) has been a focal point in the cryptocurrency world, drawing both admiration and skepticism. As Q4 unfolds, Ethereum has shown remarkable resilience, staying on its intended path despite market fluctuations. This article explores Ethereum's journey, its current standing, and the potential for it to reach the ambitious target of $8,500. Everyone criticizing Ethereum should take note: ETH is still on track and hasn't deviated from its course. In Q4, Ethereum was never expected to reach new all-time highs (ATH). Despite performing better than anticipated, ETH remains steadfast on its intended path. It exhibited a bearish pattern, forming higher lows and lower highs before stabilizing. It then marked a higher low, established a bear market high, broke through this high, retested it just before Q4, and began its upward trajectory. https://www.tradingview.com/x/nK67sOIo/ Here's how the forecasted ETH pattern looks—believe me, we're still on track. ? Ethereum's chart demonstrates a clear path forward, with key indicators suggesting sustained growth. The technical analysis points towards Ethereum reaching significant levels, with the 2.0 Fibonacci extension level being a crucial milestone. https://www.tradingview.com/x/gxMqhPmn/ I believe $8,500 is a realistic target for Ethereum, corresponding to the 2.0 Fibonacci extension level. The Fibonacci extension tool is commonly used in technical analysis to predict future price movements based on past price trends. The 2.0 Fibonacci extension level suggests that the price could potentially double from its previous move. In this case, reaching $8,500 fits within the expected range of this extension level, making it a plausible target. https://www.tradingview.com/x/dsgoa1YY/ When ETH's price reaches the 2.0 Fibonacci extension level, its market cap will be approximately $625 billion, reflecting a 155% increase. If the price continues to rise and reaches the 2.618 Fibonacci extension level, the market cap would soar to around $859 billion, marking a 214% increase. These levels are calculated based on today's price. To all the Ethereum doubters out there: Keep talking while ETH keeps building. ? Your doubts fuel our progress. Watch and learn! ?? Ethereum's journey is far from over, and its resilience in the face of criticism only strengthens its position. As it continues to build and innovate, ETH is poised to reach new heights, potentially hitting the $8,500 mark and beyond. Ethereum's path is filled with potential, and the signs are pointing towards significant growth. With the 2.0 Fibonacci extension level serving as a realistic target, $8,500 is within reach. Whether you're an investor or a skeptic, keeping an eye on Ethereum's progress is essential, as it continues to defy expectations and carve its path in the crypto world.
I think altcoins and bitcoin have topped out for the short term A correction to 77k to fill the CME gap would be the most likely target of liquidity this should be the bottom, and typical of what we see in bull markets I am expecting the bull run to continue after this correction Altcoins will likely see -50-70%
In December 2016, BABA was in a very similar situation it is now 8 years later. In 2016, BABA was cooling down after a large move in the fall and looked uncertain going into President Trump taking office. We are now in an almost identical situation, BABA is cooling down and in less than 30 days Trump will be taking office again. I took the fractal from 2016 and I think we can expect a large upside move in the next few months. I took July calls on BABA.
The price of TFUEL/USDT is currently in a consolidation phase, with the potential for upward movement from the recent support zone. Key Levels: The price is holding above the support at around 0.06855 USDT, which is a crucial level for a potential bullish move. The price has recently reached the 0.618 Fibonacci retracement, a strong reversal zone, indicating a higher probability of upward movement from here. The 0.79 USDT level is a significant resistance zone. A break and close above this level could signal continuation to higher targets. The target could be the upper resistance at 0.67925 USDT, representing a major profit zone. Trade Strategy: Long positions can be entered if the price holds above 0.06855 USDT and shows signs of upward momentum. The first target is the resistance zone at 0.67925 USDT. If the price breaks above this, further upside potential may exist. Place stop-loss orders around 0.027 USDT to manage risk. Outlook: This chart suggests a potential bullish reversal for TFUEL/USDT from the support zone. A successful break above 0.79 USDT could open further upside toward the target at 0.67925 USDT. Watch for price action at key levels to confirm the trade. Don’t miss any updates and trade setups! Join my free Discord community for exclusive analysis and discussions: https://discord.gg/gHKNVMyEvd Follow me on X for regular market insights and updates: https://x.com/SerenityEquity
DRCT started the day at $0.55 and mostly just traded each 1min candlestick a few moments befor it got halted again, it continued that until it moved from $0.55 to $5.00 doing +800% upside on massive 50 million shares traded. We mentioned it inside our trading chatroom when it crossed $1 early in the morning. Then this move triggered other halt-to-halt similar stocks like CHEK which went $0.59 to $3.04 and SLGL which went $0.42 to $1.39 (currently at new high halt)
Currently, Solana (SOL) is trading at 0.0020324 BTC, showing a slight dip of about 0.09% from the previous close. The intraday high hit 0.0022316 BTC, with a low of 0.0021739 BTC. After a prolonged downtrend since mid-2021, SOL/BTC has pulled back to a major support level at 0.0018772 BTC. With Bitcoin experiencing a downturn and potential sideways movement, this could be an opportune moment to consider a long position on SOL. A breakout above the downtrend line around 0.0026467 BTC could signal a rapid move toward the previous all-time high near 0.0039607 BTC. As always, this isn't financial advice; just one ape's opinion.