Get started

Cryptocurrencies

BITCOIN Keep this scenario at the back of your mind.Bitcoin (BTCUSD) requires at all times that we are openminded to all possibilities and not just one. This suggests that we need to be prepared for scenarios that often go against the trend, the majority of opinions and momentum (whether euphoric or panic). Along those lines, we present you today a medium-term pattern that is possible and even though it doesn't contradict the long-term trend (which is bullish), it does go against the short-term general market euphoria of recent days. As you can see, within the dominant Channel Up since December 2022, BTC had its first major 'correction' through a Rectangle, which has basically been an accumulation pattern. The price found Support, formed a bottom and start rising again after it broke below the MA50 (blue trend-line) and just before it tested the MA100 (green trend-line). If we experience the same kind of accumulation again, then BTC is currently on a 'hammer' rejection level similar to July 12 2023. Even the RSI patterns among the two fractals are similar. This indicates that the Buy Zone will be within the MA50 and the bottom of the (green) Rectangle. But what do you think? Will this 'unpopular opinion' be materialized? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
13
SPEC ( SPECTRAL) CAN ENTER NEW ALL TIME HIGH $24 SOON!Thanks for reading this update. We expect that there is a high chance that SPEC will enter $24, since the confirmation. SPEC is a new coin that can show unexpected targets. We will follow this coin for new ATH. The coin has 2,684 holders at this moment and MAX TOTAL SUPPLY 100,000,000 SPEC- top 10 whale wallets stable, and 30% is exchanges. The same study we did before on WLD and it did increase up $9 See the previous update with day by day follow This update will follow the same daily as the WLD update since confirmation. This is not trading advice, manage in all time the risk 100% Trade only or invest if your plan expects the same, otherwise, there is no reason to enter a coin like this. For us, we expect soon ATH. The best that you can have in a coin is positions building trends. - and this coin is the first confirmed one since long time
Long
by SatochiTrader
2
Anticipating a breakoutXRPUSD has formed a pattern resembling a symmetrical triangle over the past few weeks, and as the price slowly approaches the apex of this formation, it presents an interesting trade setup with two alternative scenarios. The first scenario involves taking a long position after a breakout above the triangle’s upper bound. The second scenario involves entering a short position after the triangle’s lower bound is penetrated to the downside; particular bounds will serve as stop-loss levels in the case of price retracement. Technical conditions Daily time frame = Neutral Weekly time frame = Neutral Monthly time frame = Neutral Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:XRPUSD
by Tradersweekly
2
$70,000 continues to be an obstacle for BitcoinYesterday, Bitcoin again tested the resistance near $70,000 but failed. After soaring to $70,258, it quickly dropped below $69,000, where it currently trades. Overall, not much has changed from a technical perspective since our previous update; merely the sideways trend of a lesser degree became more apparent, with Bitcoin struggling at the $70,000 mark. As such, our focus continues to lie at this point, along with the two sloped channels shown below. Illustration 1.01 The daily chart of Bitcoin (BTCUSD) above shows the descending channel, with its upper bound acting as an important resistance for the price. To support a bullish case in the short term, it would be ideal for Bitcoin to close above the resistance level for multiple consecutive days; the resistance’s importance grows with each retest. Illustration 1.02 The image above shows the ascending channel within the larger descending channel; its lower bound acts as a resistance. Illustration 1.03 The illustration above displays an alternative trendline on Bitcoin's (BTCUSD) daily graph, which acts as critical support for the price. Technical conditions Daily time frame = Neutral Weekly time frame = Bullish (losing momentum) Monthly time frame = Bullish Bitcoin addresses Initially, the number of Bitcoin addresses with balances exceeding 1,000 BTC increased slightly after the big slump we described on 29th May 2024. However, while this figure is still above its 28th May 2024 level, it resumed a decline in a new month, which is not a particularly positive sign. The same trend can be observed among the addresses with balances exceeding 100 BTC. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSD
by Tradersweekly
DODO/USDT Secondary trend. Accumulation channel 08 2023Logarithm. Time frame 3 days. Accumulation channel 15 months. The main step of dialing according to liquidity, 80%. Local trend—descending wedge. Pivot zone from key support/resistance levels. The percentage for orientation is shown. This idea is a continuation of a similar idea published a year ago at the beginning of the formation of the channel of the set with the exact zone of the set with a step of 80%. DODO/USDT Local work. Volume Very long accumulation - 1.5 years. There is a stop loss long collection under the channel support. There is a volume set. Which will be distributed at cycle change. Linear chart with no market noise. Main trend The main trend of this cryptocurrency can be traced in this idea published 1 year ago. Time frame 1 week. DODO/USDT Major trend. Downward channel.
Long
by SpartaBTC
38
BITCOIN You might not be ready for such June!Bitcoin (BTCUSD) is doing it and yet again it is going under the radar for some. The price broke out yesterday from its short-term Falling Wedge and as we showed you is extending the Bullish Leg of the Channel Up. Zooming out to the 1M time-frame, we can see that May closed in gains (green) and since August 2023, there has only been one month of losses (red 1M candle) and that was April. Even though that injected some uncertainty to market participants, we clearly see on this long-term chart that sporadic 1 month losses are very common in Bull Cycles, especially during parabolic rallies. In fact they are essential as they create the right shake-out conditions to keep fueling the rally. The symmetry among BTC's Cycles is remarkable and right now with the 1W MA50 (black trend-line) in deep support, it is attempting to get detached from the Mayer Multiple (MM) 1 SD above (grey trend-line), much like it did on October 2020 and April 2017. Based on that, we are looking for the rally to extend to at least the end of the year and reach a Target Zone within $150k - $200k within MM 2 and 3 SD above (orange the red trend-lines respectively). Last but not least, take a look at the 1M RSI, which is also on a symmetry with the previous Cycles and once it touches the Lower Highs trend-line, we should consider to start taking profits regardless of whether of the range the price might be at the time. But what do you think? Are you prepared for a 'hot' June and if yes, how high do you think BTC will go? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
5
BITCOIN Major Bullish Break-out taking place.Bitcoin (BTCUSD) broke today above the top of the Falling Wedge pattern, which is technically the Bearish Leg of May's Channel Up. If the days closes above it, we will have a repeat of the May 13 Bullish break-out but this time even stronger as the 1D Stoch RSI has formed a Bullish Cross on oversold territory. As mentioned on our previous analysis, the last Bullish Leg of the Channel Up peaked at +19.50%, so we expect BTC to replicate this. Our Target is 79000. Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
5
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 31, 2024Technical Analysis and Outlook: Bitcoin gyrated in this week's trading between our major Mean Sup 67100 and the newly created Mean Res 69400. The upward movement target shows a continuous target of Bull Stage Squzee Rebound 73200, marked as Key Res 73200. The main obstacles are Mean Res 69400 and 71500, respectively. On the downside, we look at the established Mean Support at 65000 as a concrete target before a renewed upswing occurs.
BITSTAMP:BTCUSD
by TradeSelecter
SAFE NEW INCREASE VOLUMEHello traders, SAFEUSDT is showing an interesting reversal pattern that could signal a new trend towards its previous all-time high (ATH) level. Today, the coin has demonstrated a new trend activation, prompting us to update the idea chart to reflect this increased potential. There is a high probability that we will see a rise in volume in the upcoming time frames. Markets are going on their way, and there is not always a reason that the market should move directly. Sometimes it takes more time before the trend gets a confirmation. there are no guarantees in the market and This idea is not trading advice. The goal is to check where are the moment possibilities in trading, and the possibilities that the market can have in the coming time frames. ( depending on study and high chance)
Long
by SatochiTrader
BITCOIN Inverse Head and Shoulders targeting $79500Bitcoin (BTCUSD) is technically about to complete the Right Shoulder of the Inverse Head and Shoulders pattern (IH&S) that followed the All Time High (ATH) of March 14. The driving vessel behind it is a (dotted) Channel Up whose Bullish Leg peaked at +19.50% and its two Bearish Legs so far have been around -8.00%. As you may realize, there is a high degree of structural symmetry on these patterns as even the IH&S has distinct Support and Resistance Zones, with Sour interest currently being on Support Zone 1, which has already held twice since May 23. As a result, as long as it holds along with the 1D MA50 (blue trend-line), the trend remains bullish and the IH&S technical dynamics target the 2.0 Fibonacci extension at $89000. However we keep at the moment a shorter term perspective and before 89k, we will aim at $79500, which would be a +19.50% rise, similar to the Channel's previous Bullish Leg. Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
2
Major red flag risesJust yesterday, we remarked how large speculators were seemingly devoted to holding their coins despite steep price tags. However, new data reveals that large speculators took a major step toward liquidating their positions overnight, reflected in a significant drop in the number of Bitcoin addresses with balances exceeding 1,000 BTC. This is a highly concerning development for bulls, considering Bitcoin’s recent rejections at $70,000 and the overbought stock market, which stays highly correlated with the cryptocurrencies. Technical conditions Daily time frame = Slightly bullish (turning neutral) Weekly time frame = Bullish (losing momentum) Monthly time frame = Bullish Bitcoin addresses The number of Bitcoin addresses with balances exceeding 1,000 BTC fell from 2,135 to 2,072, marking the biggest single-day move down since late February 2024. A significant drop can also be observed among the number of Bitcoin addresses with balances exceeding 100 BTC. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
BITCOIN Massive liquidity signal triggered.Bitcoin (BTCUSD) is starting the final and most aggressive part of the current Bull Cycle: the Parabolic Rally. The latest and perhaps the strongest signal to confirm that comes from the well known liquidity combo indicators that we have developed these past few years. The Global bonds yields pool (blue trend-line) is reversing upwards again, the first time it does so this year, while the Dominant circulating liquidity + High Yield corporate bonds indicator (black trend-line) is also reversing upwards after seemingly hitting a bottom similar to April 2020, October 2016 and July 2012. The trigger signal is given by the Stoch RSI (2M time-frame), which just broke above the overbought 80.00 barrier. Every time it has done so historically, it has coincided with a massive bullish reversal on those Liquidity Indicators (LI) and Bitcoin made a Cycle top within 12 - 13 months later. As a result, we are expecting BTC to peak a year from now, around May 2025. Brace yourself for a wild ride ahead! But what do you think? Is liquidity about to kick in and cause a massive rally? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
11
PEPE can rise another +200% from here.Pepe (PEPEUSD) completed an extremely strong 1D green candle last week, the strongest in fact since February 26 2024. The 1D RSI turned wildly overbought but as long as the 1D MA100 (red trend-line) supports, we expect this raly to continue all the way to the top of the Channel Up (Higher Highs trend-line). Our Target is for this Bullish Leg to complete a +1136% increase (0.000050) just like the wave that topped on March 11. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:PEPEUSDLong
by TradingShot
1
BITCOIN There is no turning back from this.Bitcoin (BTCUSD) has started the 5th Bullish Wave of the current Bull Cycle, following the consolidation of the past 2 months. Since the November 2022 bottom we have had 4 such waves with consolidations ranging from 1 month to 6 months (blue Channel of April 10 - October 10 2023). The current wave can technically take Bitcoin up to $100k alone. What is even more bullish than that though is the fact that the whole (ellipse) structure since the October 2023 Low, resembles the sequences of April 2020 - March 2021 and May - December 2017. As you can see, both were Bullish Legs of the 7-year Channel Up. Symmetrically, it appears that we are past its 2nd consolidation (blue circle) and starting the final rally to the Top of the Channel Up. That means that the Cycle Top can even be marginally higher than $200k until the 1W MA50 (blue trend-line) is breached again (note that we are past a 1W Bullish Cross also) which can make us start considering a Bull Cycle again. But what do you think? Is this rise just the start of a wave that will take BTC to 100000 even 200000 if history repeats itself? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
2
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 24, 2024Technical Analysis and Outlook: Bitcoin has broken through our Mean Resistance at 66900, completed our Inner Coin Rally at 69800, and then pulled back to the trading zone. The target for an upward movement is now set at the newly established Mean Resistance at 71500 and the aged Key Resistance at 73200. On the downside, we are looking at the newly established Mean Support at 67100 and a possible extension to Mean Support at 65000.
BITSTAMP:BTCUSD
by TradeSelecter
BTC nears all-time highsBitcoin exploded past $71,000 and, in the process, broke above the upper bound of the descending channel. This price action was accompanied by a rise in RSI, Stochastic, and MACD on the daily chart, all of which are bullish signs. However, with a recent slowdown in Bitcoin ETF inflows, it is in question how much upside potential is left before Bitcoin starts giving up some of the gains. Therefore, much attention will be paid to Bitcoin’s ability to stay above the channel’s upper bound. If Bitcoin closes above the channel for multiple consecutive days, it will bolster a bullish case in the short term. Conversely, a failure will be slightly concerning. Besides technicals, the performance of the U.S. stock market, particularly the tech sector, also remains a significant factor due to its high correlation with the cryptocurrency market. If the stock market begins forming a double top, Bitcoin will be negatively affected. Illustration 1.01 The daily chart of Bitcoin (BTCUSD) shows a bullish breakout above the upper bound of the descending channel. Illustration 1.02 The chart illustrates the daily MACD and its successful breakout into the bullish zone. Illustration 1.03 The illustration above displays simple support and resistance levels derived from peaks and troughs. Bitcoin addresses Since our last update, the number of Bitcoin addresses with balances exceeding 1,000 BTC has continued to tick higher. The same applies to the addresses with holdings exceeding 100 BTC. These are positive signs, but the rate of increase is negligible. Technical conditions Daily time frame = Bullish Weekly time frame = Bullish Monthly time frame = Bullish Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDLong
by Tradersweekly
2
BITCOIN is going to 'attack' $150k next. Confirmed!Bitcoin (BTCUSD) is starting the next rally phase after the pre and post-Halving 2-month consolidation, a development that is consistent with both of its previous Cycles. In fact, if traded around and above the Mayer Multiple Band (MMB) of 1 Standard Deviation (SD) above (gray trend-line), which is the exact same consolidation phase it had (blue ellipse) after every time the Bollinger Bands Width (BBW) bottomed (blue trend-line). The astonishing symmetry among BTC's Cycles is evident also when using the Vortex Indicator (VI)- and the CCI both on the 2M time-frame. As you can see, every timr the VI- topped was when the CCI made hits 1st Higher Low following its own bottom. The distance between that point in time (vertical orange line) and the bottom of the BBW (vertical green line) has been around 180 days on each of the past 3 Cycles. On the last two, Bitcoin topped within 560 - 595 days from the vertical orange line. As a result, we can expect the price to top by the week of March 17 2025 the earliest. The most important part perhaps is that after each consolidation after the BBW bottom (blue ellipse), Bitcoin's immediate target was the MMB 3SD, which is the orange trend-line. That is currently at $125k but by the time the rally reaches it, it could be closer to $150k. But what do you think? Do you feel that BTC is about to 'attack' $150k as its next target? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
ETHEREUM Will an ETF approval cause a massive rally?Exactly a month ago (April 22, see chart below), we called for Ethereum's (ETHUSD) bottom and gave a medium-term buy signal: With the SEC facing deadlines on May 23 and May 24 to decide on spot Ethereum ETF applications by Vaneck and Ark Invest, we might be in front of a massive rally. Even from a technical point of view, the historic Cycle performance of Ethereum suggests that currently we might be getting off a similar consolidation to August - October 2020. Observe how the 1W RSI is making a bullish reversal after having pulled-back from a marginal Channel Up break-out. At the same time, the 1W LMACD is about to make the exact same Bullish Cross it did on the week of November 09 2020, when again it started to break above that consolidation. What followed these events back then was a massive rally that peaked marginally above the 1.5 Fibonacci extension level. As a result, we remain bullish long-term, expecting a strong rise until the end of the year, targeting $12000 (Fibonacci 1.5 ext). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSDLong
by TradingShot
3
FLOKIUSD Wait for this pull-back and buy.Floki Inu (FLOKIUSD) hit the top (Higher Highs trend-line) of the 1-month Channel Up that started on the April 13 Low. Based on the price action that followed, we should now see a pull-back of at least -15% before the new Bullish Leg begins. We expect that to go for a test of Resistance 1 before the Channel Up breaks parabolically upwards into the new Alt Season. As a result we will go for a short-term buy at -15% and target 0.0002650 (just below Resistance 1). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:FLOKIUSD
by TradingShot
4
This is the real question to ask now.There are two scenarios. 1- Bull pennant 2- Bull flag Write in the comments which one do you think? - If it is a bull flag, there is a possibility to drop to $2800. In a different analysis I shared yesterday, I gave the target of $2800. Please check it. - If it is a bull pennant. Yesterday we had a bear trap and now retesting the breakout. In both scenarios, I think we have beautiful days in front of us after Bitcoin halving. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
by traderisso
1
BITCOIN Can it reach $200k?Bitcoin (BTCUSD) is on yet another green 1M (monthly) candle and if it closes that way it will be the 8th in the last 9, a natural Bull Cycle rally. This is taking place around the former All Time High (ATH) level for the 3rd month in a row. A similar consolidation (blue circle) took place during each and every past Cycle and every time a very strong rally (green zone) started after it. Parallel to that, the 1M RSI printed a short-term pull-back. When the 1M MACD hit its Lower Highs Zone, it was time to start taking profits as the Cycle Top was priced. Based on this past Cycles model, $200k is a very plausible Target that would even be much lower than the top of the Parabolic Channel. So what do you think? Will BTC go that high during this Cycle? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
16