REVERSAL with BODY FACTS BTC Reversal signaling ready. Smart money green trendline pointing up; all I did was retrace it. White trendline pointing out to both bottom wicks equals uptrend which the body candles are also pointing out the facts. Longby The_ForexX_Mindset113
Notcoin(NOT) is Ready for another PUMP===>>+30%+40%Notcoin(NOT) has increased by more than +120% in the last five days. One of the main reasons for this increase is that the Notcoin(NOT) team announced its new AirDrop and new ways for game users to earn money, which led to investors' interest in the token once again. In terms of technical analysis , with the help of the Rounding Bottom Pattern . According to Elliott's wave theory , Notcoin(NOT) seems to have completed wave 3 and is currently completing wave 4 . If the one-hour candle closes above $0.009136 , we can confirm the end of wave 4 . I expect Notcoin(NOT) to rise to the Potential Reversal Zone(PRZ) after wave 4 is completed. Note: An important point you should always remember is capital management and lack of greed. Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 151587
Near Protocol: Bullish Breakout or Bearish Signal? Near Protocol: Bullish Breakout or Bearish Signal? A Potential 37% Downturn Near Protocol (NEAR) has been a beacon of relative stability in the volatile cryptocurrency market of 2024. While other altcoins have plunged, NEAR has managed to hold its ground. However, a recent price movement has some analysts sounding the alarm, suggesting a potential 37% crash on the horizon. Wedge Pattern and the Analyst's Call In early May, NEAR formed a technical chart pattern known as a "wedge." This pattern is characterized by price fluctuations confined within a narrowing range, with trendlines converging towards a point. While breakouts from wedges can signal either bullish or bearish continuations, the specific characteristics of NEAR's breakout have a crypto analyst predicting a significant downturn. The analyst argues that the way NEAR broke out of the wedge is a bearish indicator. They believe the price may experience a period of consolidation around its current level ($7.30 as of May 31, 2024) before an "impulsive" downward movement. This movement could initially see the price drop by 8% to $6.78, followed by further declines to $6.00 and a potential bottom around $4.60. If this scenario plays out, NEAR would experience a total decline of 37%. Metrics Supporting the Downturn Theory The analyst's prediction finds some support in recent developments surrounding NEAR's market metrics. After a strong start to 2024, NEAR has seen a decline in price over the past month. This price drop coincides with a notable decrease in daily trading volume, suggesting a potential weakening of investor interest. While NEAR has outperformed many other altcoins, the overall bearish sentiment in the cryptocurrency market could also play a role in its future price movement. A broader market downturn could drag NEAR down even if its project fundamentals remain strong. Understanding Wedge Patterns and Analyst Predictions It's important to remember that technical analysis, including wedge patterns, is not an exact science. Past performance is not always indicative of future results. While the analyst's prediction offers a bearish perspective, it's just one voice in a crowded space. Here are some additional factors to consider: • Positive News and Developments: News about partnerships, project developments, or upcoming upgrades could trigger renewed investor interest and push the price upwards. • Market Sentiment Shift: A broader shift in market sentiment towards optimism could buoy NEAR's price regardless of the technical indicators. • Unforeseen Events: Unexpected events, both positive and negative, can significantly impact the cryptocurrency market. Investor Takeaway: Research and Diversification The potential for a 37% decline in NEAR price should be a wake-up call for investors. It underscores the inherent volatility of the cryptocurrency market. Investors should thoroughly research NEAR's project fundamentals, roadmap, and broader market outlook before making any investment decisions. Diversification is also crucial. Spreading investments across various cryptocurrencies and asset classes can help mitigate risk. Conclusion Near Protocol's recent breakout from a wedge pattern has sparked debate among analysts. While some see a potential 37% crash on the horizon, others remain cautiously optimistic. Ultimately, the future price movement of NEAR will depend on a combination of technical factors, project developments, and broader market sentiment. Investors should carefully consider all available information before entering or exiting any NEAR positions. Shortby bryandowningqln110
MEW continues to get weaker. Descending triangle on the daily. Notice how the supply zone (red box) maintained an aggressive resistance. Previous demand zone later turned into supply zone (purple box) that the price couldn't sustain. If this breaks the triangle, it may see some bids in the demand zone (green box) of the previous ATL. Overall, bearish. Educational purposes only. Not financial advice.Mby MysticMadsUpdated 4410
BTCUSDT is at 4h resistance now, may experience some struggle The price has bounced from 4h support 4HS1 and now it has headed towards 4h resistance 4HR1. The price is currently trading inside this resistance zone. The price will face some struggle here and some pullback may be expected. Some momentum is there and the price has moved to this resistance 4HR1 from the support 4HS1 quite quickly. And therefore, any short trade I am not taking. We will look for a trade opportunity based on how the price reacts to this resistance zone.by angela_altair110
DOGELooks to be putting in that retest of .16 support Would love to see this hold and run highs nextLongby jhonnybrah447
Potential bullish rise?DOG/USD has just bounced off the support level which is an overlap support that is slightly above the 50% Fibonacci retracement and could rise to our take profit. Entry: 0.1564 Why we like it: There is an overlap support level which is slightly above the 50% Fibonacci retracement. Stop loss: 0.1482 Why we like it: There is a pullback support level. Take profit: 0.1729 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Longby VantageMarkets226
JUP SOL Beta Positioning Downside Beta As a hedge Delta Nut Scaling out of shorts into longs This is this cycles uniswap with leverage Beta caps as a peak on upside on SOLs fade Highs Great Market beta and indicator for froth Longby bryptobro110
Bounce bit Long IdeaBounce bit although new coin has shown significant strength. On the daily chart, it looks to have retraced closed to the 0.5 Fib levels. If the area holds and we see volume, price could move to the 1.618 levels around 1.084. These ideas are mine alone and do not constitute financial advice.BLongby TangoK9220
ARB/USDT upward momentum descending resistance breakout ahead?💎 Paradisers! Keep an eye on #ARBUSDT as it displays strong indications of a bullish continuation from the demand zone after a breakout from descending resistance. 💎 Our meticulous analysis of the price action reveals that $ARBITRUM is poised to breach descending resistance. Should it successfully do so and sustain momentum above the EMA 100, we anticipate a robust bullish advance targeting the next supply area. 💎 The bullish journey is expected to commence once the price clears the supply area and maintains its momentum. However, it’s critical to prepare for other possibilities: if AMEX:ARB fails to surpass the descending resistance and starts to decline, we could see a bullish rebound from a lower support zone. Yet, a drop below this zone could negate the bullish outlook, potentially leading to further price drops. MyCryptoParadise iFeel the success🌴 Longby MyCryptoParadise_Simon2211
SOL longSolana bounced off the ascending trendline and the support level. The bullish movement to 201$ is expected to happen.Longby Cryptobees_buzz115
$NOT Nothing or Something... Has uptrend found Exhaustion?GETTEX:NOT price action is now forming a rising channel! Probably #Nothing Current price: 0.0118 Price rallied from a Low of 0.0045 to a height of 0.0135 Has #Not found exhaustion? If Yes Buy the dip areas are: Down Supports: 0.011, 0.0098, 0.009 #TON short invalidation above 0.0135by Ifiok-2sydes12
Pepe End of year targetIf you look at the trading volume of pepe and market cap a x10 is very likely at a cap of 17billion $, (Currently 1.7 billion $) lets see where our lord and savior pepe is going to take us. if it reaches a market cap of 40 billion ill run naked in the streets. Longby Ahmed112Updated 6615
MAGA LONGLong MAGA at line of support of the tenant. MAGA should perform well as the election loomsMLongby abelolivares12115
BTCUSDT Trendline resistance + ATH is dumping price what is nextRed trendline resistance which is near 71500$ is major resistance now and price react well to that resistance this time and we may expect heavy dump here once again to the targets like 60K$. but if this resistance breaks and after that ATH resistance zone breaks then we can expect new ATH for BTC like the targes mentioned on the chart. all major supports and resistances are also mentioned on the chart. DISCLAIMER: ((trade based on your own decision)) <by MMBTtrader2210
BTC Fails to beat ATH- 73K ZoneFor the last couple of days to weeks bitcoin has failed to make a significant move above 73-74k zone. there has been a consolidation happening around 68k-70k zone and I think the pair has to retreat first to pick some momentum before it can burst the previous highs. Area of focus remains to be 60k, lowest 58k. Lets me know what you think Shortby alonso780441
Turbousdt trade ideaTURBOUSDT has made a significant move following a breakout from a cup and handle formation. This classic bullish pattern indicates strong potential for upward momentum. The price is currently approaching the final target of this setup, which corresponds to the height of the cup. We anticipate that this level will serve as a strong supply zone, where a price correction is likely to occur. We should be prepared for this potential correction and look to the handle level, as shown on the chart, for immediate support. This handle level is expected to act as a key area for immediate buy back zone, potentially providing a favorable entry point for those looking to capitalize on the next phase of the trend. Careful monitoring of price action around these critical levels will be essential for effective trading decisions.by weslad11
BITCOIN 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC/USDT Analysis – Short Update BTC is trading within this bearish pattern. Rebound: BTC is rebounding from the horizontal support zone. The 100-day moving average is acting as resistance. Potential Movements: A breakdown below the support zone would indicate a bearish trend. A breakout above the triangle would suggest a bullish trend. Stay tuned for further updates. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.Longby CryptoSanders956310
THETA have a Higher Chance to Be Bullish !!BINANCE:THETAUSDT Token is forming a bullish flag pattern and currently bouncing from the middle-line After a successful breakout, a bullish rally towards $3.70 is projected. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguard2258
$JASMY = Srong Breakout!!Looking at the SEED_DONKEYDAN_MARKET_CAP:JASMY 4hr price action we have witnessed a strong break above the previous ATH of $0.0286 and momentum looks to bring it to the $0.0400 cent fibonacci level, as long as Bitcoin continues holding the $67 - $70k range in consolidation/support we should continue seeing more SEED_DONKEYDAN_MARKET_CAP:JASMY Bullish price action. Look for a possible re-test of $0.0286 - $0.0255 before next leg up 🧐📈 Will update as we move along, Stay Tuned 📺 👀Longby Trade_Wolf116
Technical Analysis of NOT/USDT**Overall Market Structure:** - The market appears to be in a corrective phase after a previous uptrend, as observed on the 1-hour chart. **Support and Resistance Zones:** **Support Levels:** - **0.009734 USDT:** This area, marked by two green lines, acts as strong support. If the price reaches this level, buyers are likely to enter the market and push the price upwards. - **0.006205 USDT:** This lower level is a stronger support. If the price drops to this level, a more significant price rebound might occur. **Resistance Levels:** - **0.013000 USDT:** This area, marked by two red lines, acts as major resistance. If the price reaches this level, sellers are likely to enter the market and push the price downwards. - **0.015622 USDT:** This higher level is a stronger resistance. If the price breaks through the first resistance, this level can be the next target. **Liquidity Zones:** - Liquidity zones are areas with high trading volumes, often causing significant price volatility due to the presence of large orders. **Current Price Analysis and Trading Suggestions:** **Current Price:** - The current price is around **0.011427 USDT**, situated between the support and resistance zones. **Trading Suggestions:** 1. **Long Position:** - If the price reaches the support level of **0.009734 USDT** and shows signs of reversing upwards, consider entering a long position. - The initial target could be the resistance level of **0.013000 USDT**. 2. **Short Position:** - If the price reaches the resistance level of **0.013000 USDT** and shows signs of reversing downwards, consider entering a short position. - The initial target could be the support level of **0.009734 USDT**. **Risk Management Strategy:** **Risk Management:** - Always use a stop-loss to prevent significant losses. - For a long position, the stop-loss can be placed slightly below the support level of **0.009734 USDT**. - For a short position, the stop-loss can be placed slightly above the resistance level of **0.013000 USDT**. This analysis includes detailed insights into the current market condition and trading suggestions. Feel free to ask if you have any questions or need further assistance. by Hooman_Badiefar10
ETH fighting against strong resistanceHello everyone, let's take a look at the ETH to USDT chart on a one-day time frame. As you can see, the price is currently bouncing off the downtrend line. Let's start by determining the support line and as you can see, the first support in the near future is $3,530, then you can see support at $3,250, and then we have a strong support zone from $3,046 to $2,796 Now let's move on to determining the resistance points. And here we must start by identifying a very strong resistance zone from $3,821 to $4,110, only when we manage to break out and positively test this zone, we can see a move towards the resistance at $4,917. Looking at the EMA Cross 50 and 200 indicator, they still indicate that the strong upward trend is maintained. There is still room for growth on the RSI indicator, while the STOCH indicator shows a move towards the upper limit, so you should be careful and take into account a possible recovery.by cryptodailyuk10
MATIC/USDT Ready For a Bullish Reversal the Key Support💎#MATICUSDT is navigating an ascending channel and is currently poised to retest the channel's lower support. We anticipate that the support at $0.674 will hold and set the stage for a bullish reversal that could reach the channel's upper resistance. 💎However, if #Polygon fails to maintain the $0.674 support and breaks below, this could signal an extended downward trend. The subsequent critical demand zone at $0.630 is vital to watch, known for its strong liquidity and history of catalyzing significant upward movements. 💎On the other side, if CRYPTOCAP:MATIC revisits this demand zone, securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines. 💎Stay alert and ready to adapt, Paradisers. Your ParadiseTeam is vigilantly monitoring and prepared to guide you through the volatile dynamics of the #MATIC market. MyCryptoParadise iFeel the successLongby MyCryptoParadise_Simon9