USDT Dominance Chart AnalysisReaction level: 4.60%
This area acts as a key overhead resistance, highlighted by price rejection at or near this previous level. A breakout above 4.60% would signal a change in momentum towards increasing USDT dominance.
Support area: 3.71%
This is a strong demand area where the price previously bounced. If the market returns to this level, it could provide crucial support and a potential reversal area.
The chart shows a clear descending channel with the price breaking or testing the upper boundary. This indicates a potential trend reversal or an attempt to move higher.
The price interacts with the moving average (possibly the 50-day MA), which has acted as resistance several times. Sustaining above the moving average would indicate bullish momentum.
DYOR, NFA
@Peter_CSAdmin
Crytpocurrency
CRYPTO SUPER CYCLE 2024-2026:BEAR TO BULL ALL WHAT YOU NEED HERE🔄 CRYPTO MARKET CYCLES: MAJOR TRANSITION - FROM BEAR TO BULL 2024-2026
Technical Market Cycle Analysis:
- Current price: $346.31
- Clear transition from bear to bull market
- Three distinct cycles identified: BTC, ETH, ATLS
Market Phase Breakdown:
📉 Bear Market (2022-2024):
- Declining trend complete
- Bottom formation validated
- Accumulation phase ending
📈 Bull Market (2025-2026):
- BTC cycle initiating bull run
- ETH cycle following
- ATLS cycle completing the sequence
Key Observations:
- "Traders confusion" zones marked at critical transitions
- Clear cycle progression: BTC → ETH → ATLS
- Market structure showing higher lows forming
- Volume profile supporting bullish transition
⚠️ Critical Points:
- Major market cycle shift in progress
- Multiple timeframe alignment
- Clear cycle rotation pattern
- Historical pattern repetition
🔔 Market Intelligence:
- Bull market projected until end of 2026
- Three distinct crypto cycles identified
- Clear market phase transitions
- Institutional accumulation evident
#CryptoMarketCycles #BullMarket #TechnicalAnalysis #CryptoTrading #MarketPhases
Want detailed cycle breakdown? 📊FOLLOW ME
ETH thesis by Titan_KarmaEthereum Investment Thesis
Market Overview
Ethereum (ETH) is trading at $3,431.65, indicating potential for upward momentum. The recommendation is to OPEN LONG positions, supported by a favorable risk-reward setup and moderate confidence in a bullish trajectory.
Key Technical Indicators
Stop-loss: Set at $3,200.00, providing downside protection against unexpected price drops.
Take-profit: Targeted at $3,600.00, aligning with a strong resistance level and maximizing potential gains.
Exit Point: Positioned at $3,500.00, offering a prudent level for partial profit-taking.
Confidence Level
The confidence level for this strategy is 75%, reflecting cautious optimism. The technical and fundamental indicators support an upward trend, though volatility requires close monitoring.
Correlation with BTC
Ethereum shows a neutral correlation with Bitcoin (0.02), suggesting its price movement is minimally influenced by BTC. This allows ETH to follow its own market dynamics.
Position Analysis
Open Long Positions: None currently, presenting an opportunity to take advantage of the recommended strategy.
Open Short Positions: None, indicating a lack of bearish sentiment.
Risk Management Strategy
Entry at the current price of $3,431.65 is ideal to capitalize on potential gains.
A well-placed stop-loss at $3,200.00 minimizes risk in case of downside volatility.
The take-profit level at $3,600.00 provides an attractive target, while the exit point at $3,500.00 ensures partial profit-taking to secure gains.
Recommendation
OPEN LONG positions near the current price, aiming for a take-profit level of $3,600.00. The combination of technical support and moderate confidence in the bullish scenario supports this strategy. Traders should remain vigilant for any changes in sentiment or technical indicators that might influence price movements.
JASMY/USDT Price Analysis: Potential Cup and Handle BreakoutKey Highlights:
Cup and Handle Formation:
The pink curve represents the "cup" part of the pattern, showing a rounded bottom structure. This formation is typically considered a strong signal for a continuation of an upward trend.
Fibonacci Levels:
The red, green, and white horizontal lines represent significant support and resistance levels. These lines resemble Fibonacci retracement levels and indicate where the price might encounter resistance or find support.
Flag/Channel Pattern:
The blue highlighted narrow channel illustrates a consolidation phase, suggesting preparation for a breakout to the upside.
Target Levels:
The blue arrow on the chart indicates an expectation for the price to rise to the 0.09026 level first and potentially continue to the 0.36202 level in a strong bullish move.
The price is currently trading at 0.05321 and seems to have broken through a previous resistance level.
If the price manages to overcome the resistance levels at 0.04258 and 0.09026, this could signal the continuation of the bullish trend.
However, if the price loses the support levels at 0.02585 or 0.01726, there is a risk of entering a bearish trend.
From a trading strategy perspective, it may be worth considering positions above resistance levels or entries near support levels while managing risk effectively.
INJ Long Spot Trade (Support Pullback)Market Context: Since Monday, INJ has shown a strong reversal. A minor pullback to the $18.00 support level could offer a favorable entry for a long position if momentum sustains.
Trade Setup:
Entry: Around $18.00
Take Profit:
First target: $20.50 - $24.00
Second target: $28.00 - $31.00
Stop Loss: Just below $17.00 (daily close)
This trade targets further upward movement while maintaining a manageable risk. #INJ #Crypto
AR Long Spot Trade (Low Volatility Expansion)Market Context: AR is holding above a critical level with low volatility, suggesting a potential expansion soon. This offers a good entry opportunity.
Trade Setup:
Entry: Around $18
Take Profit:
First target: $24
Second target: $30
Stop Loss: Below $16.5
This trade is positioned for potential breakout and expansion. #AR #Crypto #Trading #Volatility
LINK Long Position (Major Support Level)Market Context: Many altcoins, including LINK, have retraced to critical levels of support, presenting an opportunity for a long trade. LINK is positioned well for a potential bounce, providing a favorable risk-to-reward ratio.
Trade Setup:
Entry: Between $10.00 - $10.90.
Take Profit:
First target: $12.50 - $13.30
Second target: $14.50 - $15.50
Stop Loss: Just below $9.40.
This setup leverages the strong support zone and potential for a bullish recovery. #LINK #Altcoins #Crypto
FET Long Position (Bull Market Anticipation)Market Context: FET is demonstrating a shift in market structure, indicating the potential for an upward trend. As a strong AI-related asset, it is poised for the next leg up in the current bull market. We expect one final shakeout below the previous fake low, providing an optimal entry point for a long-term position.
Trade Setup:
Entry: Around $1.15.
Take Profit:
First target: $1.70
Second target: $2.00
Third target: $3.20
Stop Loss: Daily close below $0.95.
This setup allows us to capitalize on potential upward momentum while maintaining a manageable risk. #FET #Crypto #AI
Bitcoin Trending Down, Key Support at $55,800Market Update:
Bitcoin is trending down from its March highs, holding support for now but showing signs that it could revisit lower levels.
Technical Outlook:
A key level to watch is $55,800, which aligns with the rising trend. This level could serve as a critical point for BTC's next move.
#Bitcoin #BTC #CryptoUpdate #PriceAction #SupportLevels #TechnicalAnalysis
Trade Setup: SUSHI Long PositionMarket Context:
CRYPTOCAP:SUSHI has reclaimed a key support zone at $0.548 and held above it for the past week, indicating strong acceptance. A potential break of the current trend could offer a medium-term trade opportunity.
Trade Setup:
Entry: Ladder into the position between $0.57 and $0.60.
Take Profit:
First target: $0.73
Second target: $0.86
Third target: $0.965
Stop Loss: Daily close below $0.495.
📊 This setup offers a favorable risk-reward ratio. Keep an eye on price action and adjust your position as needed. #SUSHI #CryptoTrading #RiskManagement 🎯
📈Market Analysis and ENS Coin Review🔍🔍Bitcoin has been ranging for several days, and the main market volume has shifted to Ethereum. This shift is primarily due to the significant hype surrounding Ethereum's ecosystem, attracting more investor interest compared to Bitcoin.
📆 Today's Coin: ENS
Today's focus is on ENS, a coin within the Ethereum ecosystem. Due to the substantial hype around it, ENS has the potential for significant upward movement.
🗂 About the ENS Project
ENS, which stands for Ethereum Name Service, provides domain names for Ethereum wallets, making asset transfers easier. Similar to how domain names simplify website navigation, ENS domains facilitate the easy identification and transfer of assets.
🧩 Chart Analysis
After reaching the resistance at 26.39, ENS entered a ranging phase. From the beginning of 2024 to mid-April, it remained within a box between 16.55 and 26.39. It then broke downwards, reaching the 0.618 Fibonacci level, which coincided with a trendline on the chart, forming a support at 13.19. Following a month of consolidation, ENS broke above 16.55 and reached 26.39 again, where it is currently consolidating.
📊 Volume Analysis
During the recent upward movement, volume increased significantly, indicating strong trader interest in ENS. Following the test of the 26.39 resistance, the volume started to decline, which is typical as the market decides its next move.
🪄 Indicators and Oscillators
The RSI oscillator entered the overbought zone coinciding with the resistance at 26.39. If the RSI breaks the next overextended level at 79.01, it would indicate sustained momentum, potentially allowing the price to break 26.39 and target 38.34. Conversely, exiting the overbought zone might signal the activation of a bearish divergence, but this needs confirmation through new market structures.
👨💻 Futures Trading
📈 Long Position : For a long position, entering after a break above 26.39 is advisable. Identifying a trigger in lower timeframes might be challenging, but if the price stabilizes above this level, it could yield substantial profits.
📉 Short Position : For a short position, the primary triggers are at 16.55 and 13.19, which are currently far from the price. However, a risky short position could be considered at 22.59 if volume starts increasing on the sell-side and RSI activates its divergence, indicating a temporary loss of bullish momentum.
🛒 Spot Trading
For spot trading, a break above 26.39 on the daily timeframe is a good entry point. Upon confirmation with a bullish candlestick, you can proceed with the purchase. If you already hold ENS, consider setting a stop-loss below the 13-dollar range. The initial target, if 26.39 is broken, is 38.34.
📝In summary, the analysis provided is based on current market conditions and chart data. Always cross-reference your analysis with other reliable sources and make your final trading decisions based on your personal strategy and market conditions.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
🫶If you enjoyed this analysis and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
📈Strategic Insights on DYDX Movements🔔🔍Yesterday, Bitcoin was rejected at the 63,200 resistance level and remains within its trading box, potentially heading towards the bottom. As Bitcoin dominance continues to rise, altcoins have suffered more, with many breaking through their support levels and continuing to decline. One such altcoin is DYDX, a DeFi token that allows users to open long or short futures positions with leverage in a decentralized environment. This appeals to those concerned about the security of their assets and who do not trust centralized exchanges.
⏳Previously, I provided a spot market analysis for DYDX. Since then, the stop-loss has been triggered, and the trade ended in a loss. However, as emphasized repeatedly, proper risk management should minimize your losses. At worst, you should only be down 0.5-1% of your capital, which should be manageable given the risk coverage from other recommendations (such as TON). With this in mind, let's analyze DYDX in the 4-hour timeframe and identify trading triggers for futures positions.
📉The chart clearly shows a downtrend, suggesting that short positions are more favorable. The trigger for a short position was at 1.951, which has now been activated. The price is likely to move towards the target of 1.794. Based on this, you can either enter a short position with the current candle or drop down to a 15-minute timeframe to find a more precise short trigger.
⚡️If you have an existing short position from higher levels, it is recommended to hold it until you observe a reversal candle or signs of trend weakness. The initial target is 1.794, but considering the move from the 0.382 Fibonacci retracement, the price could potentially reach the 1 Fibonacci extension level at 1.529, which coincides with a significant support level.
📊Given the downtrend and increasing volume in red candles, along with the RSI losing support at 31.71, we could see a sharp bearish move in the coming hours. However, the market is unpredictable, and the trend could reverse, pushing the price back into the box. If this happens, it indicates strong buying pressure and could drive the price higher.
📈If the downtrend is invalidated and the price stabilizes above 2.032, it may be a signal to enter a long position, as this would indicate a fakeout of the bearish move and introduce bullish momentum. A more reliable long trigger would be at 2.433. Until the downtrend changes, any long positions should be taken with lower risk and closed quickly to lock in profits.
📝In summary, DYDX presents a clear short opportunity given the current downtrend and bearish indicators. The target for the short position is 1.794, with a potential extension to 1.529. If the market reverses and stabilizes above 2.032, a cautious long position may be warranted, with a more secure trigger at 2.433. Proper risk management and monitoring of market conditions are essential for successful trading in these volatile conditions.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Bitcoin 21 and 50 weekly moving average remain bullishThe 21 week MA was tagged last Wednesday for CRYPTOCAP:BTC
Watching the 21 week SMA & 50 week SMA can serve as a great medium term risk gauge for Bitcoin
Crosses of these moving averages have been decent 🟢buy &🔴sell signals to date
The 21 week SMA held for the 2015/17 bull run, and it holds today.
All the same I would not be surprised to see price penetrate as deep as $52,000. The 50 weekly SMA is currently at c. €43,000 (think a badass wick)
As long as these moving averages are moving up and to the right, have not been breached by price and have not crossed, the primary bullish trend is intact.
This chart would obviously need to be considered in combination with others however it is a great way to remain level headed with the long term perspective in mind. Once we start losing levels, we can start getting worried. If we get a negative cross, a reduction in spot allocation would be very wise.
Long term timeframes with these smooth moving averages can be brilliant reminders of the primary trend trajectory. Patience my friends.
Lets keep an eye on these levels
P
#Bitcoin
BTCUSD - Bitcoin 1HR Simple trading - Head and shoulders
I do not need to say much, BTC has broken below the head and shoulders neck line.
SELL (entry6300)
I would usually wait for a break and retest, but it's the weekend and BTC could drop in a couple of hours. Or it may hold above 63000 until tomorrow.
USE STOPLOSS (63500)
CGPTUSDT - BUY OPPORTUNITYAi is the next big thing!
Buying ChainGPT in Buy Areas, and targeting potential SWING PROFIT AREAs for long term.
I personally have CGPT coins from buy area $0.16 - been buying along the way, as well as buying Dips! Holding this coin for potential gains in the upcoming Altcoin bull run!
Pls trade at your own risk!
Profits are never guaranteed, your Capital is at risk and you may/ can lose your entire capital!
Trade Safe Habibis!
Ethereum Retracement potential? 🤔Ethereum! Anticipating a retracement from Weekly Zone 3,519$ and monthly zone 3,346$. Wow! What an ascent that we have observed in recent weeks. A bull market typically has healthy retracements from profit taking and to clear late buyside liquidity. Gathering liquidity is necessary to continue the upside campaign and so we may retrace and consolidate for some time before the train continues. All other technicals explained in the video.
Please share your feedback if this analysis was useful.
⚠️ Market Overview - TOTAL Cryptocurrency Market Cap ⚠️📊 Analysis:
Current Level: TOTAL (Cryptocurrency Market Cap) is at a level last seen towards the end of the last bull run.
Resistance Zone: Currently in the $2.50T - $2.67T area of resistance, and it's extremely overbought.
BTC in Price Discovery: BTC is in price discovery, and uncertainty exists regarding how high it might go.
Risk Management: Traders need to be cautious and manage their risk tightly over the next couple of days.
Next Resistance: If $2.67T is breached, the next resistance is the November 2021 all-time high of $3T.
Potential Support: A rejection could lead to a test of the next area of support at $2.05T - $2.17T.
🌐 Note: Market dynamics can change rapidly. Stay informed about the overall market sentiment and be ready to adapt your strategy accordingly.
Bitcoin 2020 Recent High Break Out Vs Present Bitcoin - Not A Prediction
An interesting comparison to the price action that took place in Nov 2020 (post May 2020 halving)
On one serious note, it reinforces just how important the 21 Day Moving Average is. If lost, we can expect at minimum ST pull back.
#bitcoin CRYPTOCAP:BTC