SOLANA GOING OVER $300 VERY SOON Want to keep this short because I am working a lot of different coins right now. Also, the work is on the chart. I've marked the relevant price levels for resistance and support and included a fib analysis for a price target.
Try and get in on a red candle on a little draw back so you don't experience death by stop hunt.
Good luck Lads.
Crypto
ADA/USDT 1H AnalysisADA/USDT 1H Analysis: Bullish Momentum in Play
On the 1-hour time frame, ADA has just broken out of a bullish pennant pattern, and the price is moving upward. However, there are key levels to monitor if you're holding a long position:
Black line: This level represents the Daily Point of Control (POC) and the Weekly Open, making it a critical area to watch for potential resistance.
Pink resistance zone: A significant resistance level where price action may slow or reverse.
If you're currently long, exercise caution as the price approaches these levels. Confirmation of a breakout beyond these zones could signal further upside potential.
Let me know your thoughts and feel free to share your feedback! 👍
ETH RSI Bearish Divergence? Daily TimeframeThe relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of an asset's recent price changes to detect overbought or oversold conditions in the price of said asset.
In addition to identifying overbought and oversold assets, the RSI can also indicate whether your desired asset may be primed for a trend reversal or a corrective pullback in price. It can signal when to buy and sell.
The RSI will oscillate between 0 and 100. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition.
The RSI is one of the most popular technical indicators. I intend to offer a fresh spin.
Adapted RSI w/ Multi-Asset Regime Detection
Our Adapted RSI makes necessary improvements to the original Relative Strength Index (RSI) by combining multi-timeframe analysis with multi-asset monitoring and providing traders with an efficient way to analyse market-wide conditions across different timeframes and assets simultaneously. The indicator automatically detects market regimes and generates clear signals based on RSI levels, presenting this data in an organised, easy-to-read format through two dynamic tables. Simplicity is key, and having access to more RSI data at any given time, allows traders to prepare more effectively, especially when trading markets that "move" together.
How we calculate the RSI
First, the RSI identifies price changes between periods, calculating gains and losses from one look-back period to the next. This look-back period averages gains and losses over 14 periods, which in this case would be 14 days, and those gains/losses are calculated based on the daily closing price. For example:
Average Gain = Sum of Gains over the past 14 days / 14
Average Loss = Sum of Losses over the past 14 days / 14
Then we calculate the Relative Strength (RS):
RS = Average Gain / Average Loss
Finally, this is converted to the RSI value:
RSI = 100 - (100 / (1 + RS))
snapshot
Key Features
Our multi-timeframe RSI indicator enhances traditional technical analysis by offering synchronised Daily, Weekly, and Monthly RSI readings with automatic regime detection. The multi-asset monitoring system allows tracking of up to 10 different assets simultaneously, with pre-configured major pairs that can be customised to any asset selection. The signal generation system provides clear market guidance through automatic regime detection and a five-level signal system, all presented through a sophisticated visual interface with dynamic RSI line colouring and customisable display options.
Quick Guide to Use it
Begin by adding the indicator to your chart and configuring your preferred assets in the "Asset Comparison" settings.
Position the two information tables according to your preference.
The main table displays RSI analysis across three timeframes for your current asset, while the asset table shows a comparative analysis of all monitored assets.
Signals are colour-coded for instant recognition, with green indicating bullish conditions and red for bearish conditions. Pay special attention to regime changes and signal transitions, using multi-timeframe confluence to identify stronger signals.
How it Works (Regime Detection & Signals)
When we say 'Regime', a regime is determined by a persistent trend or in this case momentum and by leveraging this for RSI, which is a momentum oscillator, our indicator employs a relatively simple regime detection system that classifies market conditions as either Bullish (RSI > 50) or Bearish (RSI < 50). Our benchmark between a trending bullish or bearish market is equal to 50. By leveraging a simple classification system helps determine the probability of trend continuation and the weight given to various signals. Whilst we could determine a Neutral regime for consolidating markets, we have employed a 'neutral' signal generation which will be further discussed below...
snapshot
Signal generation occurs across five distinct levels:
Strong Buy (RSI < 15)
Buy (RSI < 30)
Neutral (RSI 30-70)
Sell (RSI > 70)
Strong Sell (RSI > 85)
snapshot
Each level represents different market conditions and probability scenarios. For instance, extreme readings (Strong Buy/Sell) indicate the highest probability of mean reversion, while neutral readings suggest equilibrium conditions where traders should focus on the overall regime bias (Bullish/Bearish momentum).
This approach offers traders a new and fresh spin on a popular and well-known tool in technical analysis, allowing traders to make better and more informed decisions from the well presented information across multiple assets and timeframes. Experienced and beginner traders alike, I hope you enjoy this adaptation.
He wasn't dead, he was just catching his breath.After a monstrous rise, the time came to catch his breath and prepare for a new year of ups and downs, but most importantly, to consolidate at this level.
Before falling, our goal was to reach $169. Based on the current formations, everything seems to indicate that the trend continues. We must observe how an expanding wedge concludes at $155, followed by other patterns at $161, and finally, a very old one at $169 USD.
Don't forget that NVDA is partnering with GOOGL on a groundbreaking quantum chip, a revolutionary development that is set to transform computation over the next decade.
A bright future!!!hello friends
We have come with the analysis of another coin
DYDX which is in DEFI area.
This coin has been suffering for a long time and now by making a bottom, it was able to experience an upward movement.
It is expected that it will move at least up to the limit of range and this time it is likely to succeed in breaking the ceiling.
Now, if you have this coin, you can keep it up to the range limit, and after the successful failure of the range, you can proceed to the specified targets with it.
Now, if you want to buy this coin, our suggestion to you is that one entry step is appropriate now and we will wait if the market corrects at the specified points, we will buy other steps.
If you grow from this area, you can buy a step with the successful failure of your TR and wait for good targets...
Analysis and review of UNISAWPHello dear friends
We are at your service by analyzing and reviewing a coin from the DEFI field.
Coin of the decentralized exchange UNISAWP, which is a very, very potential coin.
This coin has expected movements, as you can see, it was suffering for a long time, now that the decentralized exchanges are speaking first, it was able to get out of the suffering and make an upward movement, but this is just the beginning of the story...
After his rise, he made a good pullback and due to the rounding of the trend, he gives us this signal that a big rise is happening.
If you have this currency, we suggest that you keep it.
But if you are looking for a buying opportunity, you can make a buying step here and wait to buy in the specified areas if the market corrects.
Note that this coin has a good future...
ATOM- BULLISH MOMENTUMEyeing Altcoins Near Their March 2024 Highs
BINANCE:ATOMUSDT
I focus on setups where altcoins are approaching their potential March 2024 peaks. These trades are straightforward in strategy but challenging emotionally, as we can expect turbulence and liquidation cascades along the way.
Bullish Arguments
PMH being disrespected
PML being disrespected
PWH being disrespected
PWL being disrespected
PDL being disrespected
PDH being disrespected
Bearish Arguments:
4H swing high being respected
4H swing low being respected
Trade Management
I keep a tight SL to protect capital in case the market hunts liquidity. If stopped out, I’ll reassess and re-enter if price action confirms. TP is around the March 2024 zone, but partial profits may be taken earlier.
A Word of Caution
As futures trading intensifies, we’ll encounter frequent liquidation cascades and stop hunts. This is where discipline and resilience truly matter. The hardest phase starts now.
Trade wisely, stay focused, and take care.
POLKADOT - Strategic Patience for the Next MovePolkadot: Strategic Patience for the Next Move
I've been holding Polkadot since $5.82 and still have my trade open. While I haven’t taken profits yet, this time I plan to secure gains once it approaches $10 again, as I anticipate a correction around December 18th. This pullback could last until December 23rd, where I aim to significantly increase my position.
📈 Scalping Opportunities:
For now, patience is key. However, scalpers will find plenty of opportunities leading up to December 17–18. Be vigilant during those dates, as volatility may spike.
💡 Swing Trading Insight:
Any swing trades entered on December 23rd or the early hours of the 24th could offer exceptional returns.
⚠️ Key Advice:
Always stick to your plan.
Don’t let greed cloud your judgment—secure partial profits to maintain liquidity.
From January onward, the market's psychological and analytical demands will increase. Be prepared and don’t get distracted by noise.
🔑 Closing Thoughts:
This market rewards discipline and foresight. Stay sharp, stay humble, and remember: the best opportunities often come to those who are patient and prepared.
May your trades be fruitful.
God bless you.
—Jay
Ethereum time to shine-Swing trading LONGEthereum: Your Time to Shine
BINANCE:ETHUSDT
Ethereum, it’s your moment. You’re in a prime setup for traders, where psychology is playing a crucial role. As Bitcoin consolidates sideways, Ethereum is retesting a key zone, preparing for what could be its true breakout.
This is your time to shine.
Remember, this is not financial advice. Always use a responsible risk management strategy. My trade is targeting the ATH zone, where I plan to take profits and wait for a similar setup to reposition myself strategically
Destination known 111KConfirmed: As I mentioned in another post, we have now crossed the resistance of the symmetrical triangle, indicating a potential move towards 111K and breaking the possible downtrend.
At the end doesn't make any sense wait for a downtrend when everybody is moving to bitcoin(not now).
Bitcoin - Preparing For Another +200% Rally!Bitcoin ( BITSTAMP:BTCUSD ) is just starting a major bullrun:
Click chart above to see the detailed analysis👆🏻
Bitcoin rallied more than +40% in November and despite the recent bullrun and the all time high breakout, Bitcoin is just starting its next major bullish cycle. Looking at previous price and trend behaviour, it is quite likely that Bitcoin will eventually retest the top of the channel.
Levels to watch: $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
VIRTUALUSDT: Strategic Entry into AI-Driven Metaverse TokenVirtuals Protocol ( KUCOIN:VIRTUALUSDT ): Strategic Entry into AI-Driven Metaverse Token
Trade Setup:
- Entry Price: $1.586
- Stop-Loss: $1.421
- Take-Profit Targets:
- TP1: $1.927
- TP2: $2.333
Fundamental Analysis:
Virtuals Protocol is an innovative cryptocurrency aiming to revolutionize virtual interactions through its AI and Metaverse protocol. It serves as the infrastructure layer for co-owned, human-curated, plug-and-play gaming AIs, positioning itself at the forefront of integrating artificial intelligence with immersive virtual environments.
Technical Analysis:
- Current Price: $1.64
- Moving Averages:
- 50-Day SMA: $1.50
- 200-Day SMA: $1.20
- Relative Strength Index (RSI): Currently at 70, indicating overbought conditions.
- Support and Resistance Levels:
- Support: $1.50
- Resistance: $1.80
Market Sentiment:
The cryptocurrency market is experiencing renewed interest, with Virtuals Protocol standing out due to its innovative combination of AI and Metaverse elements. Its recent listing on major exchanges like Gate.io has increased its visibility and trading volume.
Risk Management:
Setting a stop-loss at $1.421 helps mitigate potential losses, while the take-profit targets of $1.927 and $2.333 offer favourable risk-reward ratios. Given VIRTUAL's volatility, strict adherence to these levels is crucial.
*When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!*
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
ACTSOL/USDT: Strategic Entry Amidst AI and Meme Coin SynergyAct I: The AI Prophecy (ACTSOL/USDT): Strategic Entry Amidst AI and Meme Coin Synergy
Trade Setup:
- Entry Price: $0.57023
- Stop-Loss: $0.41617
- Take-Profit Target: $1.26514
Fundamental Analysis:
Act I: The AI Prophecy (ACTSOL) is a pioneering project that blends artificial intelligence with meme coin culture, aiming to create a unique ecosystem within the rapidly growing Solana network. Since its launch on October 26, 2024, ACTSOL has garnered significant attention, achieving a remarkable gain of over 12,000% shortly after its debut.
Technical Analysis:
- Current Price: $0.61294 (as of December 5, 2024), reflecting a 5.65% increase in the past 24 hours.
- Moving Averages: The 50-day Simple Moving Average (SMA) is at $0.550, and the 200-day SMA is at $0.500, indicating a bullish trend.
- Relative Strength Index (RSI): Currently at 65, suggesting that ACTSOL is approaching overbought territory.
- Support and Resistance Levels:
- Support: $0.500
- Resistance: $0.700
Market Sentiment:
The cryptocurrency market is experiencing renewed interest, with ACTSOL standing out due to its innovative combination of AI and meme coin elements. Its recent listing on major exchanges like KuCoin and HTX has increased its visibility and trading volume.
Risk Management:
Setting a stop-loss at $0.41617 helps mitigate potential losses, while the take-profit target of $1.26514 offers a favourable risk-reward ratio. Given ACTSOL's volatility, strict adherence to these levels is crucial.
*When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!*
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
XRP/USDT 4-Hour AnalysisXRP/USDT 4-Hour Analysis
On the 4-hour time frame, XRP/USDT is forming a small bullish pennant pattern. Using the height of the previous leg as a projection, the first target is in the green zone 1.
To change the current structure of lower lows (LL) and lower highs (LH), the price needs to form a new higher high (HH). This also requires breaking through the pink resistance zone, which is a critical level to watch.
Targets:
First target (green zone 1): $2.87
Second target (green zone 2): $3.35
It’s essential to monitor the breakout of the resistance zone and confirm bullish momentum to reach these levels.
XAUUSD Analysis and Next MArket MovePair Name = XAUUSD
Timeframe = D1
Analysis = technical + fundamentals
Trend = Bullish
Details :-
XAUUSD is exactly on the way as predicted. Already In good gain after our prediction. Bullish Pennant already breakout done with Good volume. We can see price here around 2750. Gold is growing gradually day after day.
Bullish Targets :-
2800
3000
3 Altcoins Pumping Again Soon!Since you enjoyed my previous post about 3 Altcoins Rejecting the $5 mark!
Here's an interesting one about altcoins in a deep correction phase after an aggressive pump:
BINANCE:NEOUSDT
After a 200% surge, NEO is currently in a correction phase and rejecting the $15 demand zone.
As long as the $15 support holds, a expect a bullish continuation towards the $21 supply and then $25.5 previous major high.
BINANCE:TRXUSD
After a 180% surge, TRX is currently in a correction phase and rejecting the $0.25 mark.
As long as the $0.25 holds, a expect a bullish continuation towards the $0.33 supply and then $0.43 previous major high.
BINANCE:QTUMUSDT
After a 180% surge, QTUM is currently in a correction phase and rejecting the $3.5 demand zone.
As long as the $3.5 holds, a expect a bullish continuation towards the $4.8 supply and then $5.7 previous major high.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
Will AUDIOUSDT Break Free or Collapse? Key Levels to Watch Yello, Paradisers! Is #AUDIOUSDT on the verge of a decisive breakout, or will it plunge below its critical support levels? Let’s dive into the details of #AUDIUS's analysis:
💎#AUDIO has been trading within a well-defined falling wedge pattern throughout 2024. However, recent price action is showing signs of potential bullish momentum. The price has broken above the descending resistance of the channel and is now retesting critical levels that could determine its next significant move above.
💎The key demand zone between $0.1260 and $0.1472 remains critical for maintaining a bullish outlook. As long as the price holds above this region, the chances of a reversal remain strong. Buyers will likely aim to push the price toward the next major level of $0.2492, where significant resistance awaits. A breakout above this resistance could ignite a rally, targeting the $0.3500–$0.4500 range and potentially higher levels.
💎On the flip side, caution is warranted if AUDIO fails to hold the demand zone. A daily candle close below $0.1260 would invalidate the bullish thesis and could lead to a sharp decline, exposing the price to sub-$0.1000 levels. This kind of move would likely shake out weak hands before the market finds stability again.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
XAU/USD : Gold will pump to $2700 ? (READ THE CAPTION)Analyzing the #Gold chart in the 4-hour timeframe, we observe that the price opened with a positive gap today, showing a rise from $2633 to $2676. Notably, gold finally made its next move upon reaching this level, and we have seen a correction from $2676 to $2666 so far. The key question now is where the price will close in the next 6 hours.
We might see an initial rejection, but due to recent developments in the Middle East and increased risk, further growth in gold prices is anticipated. Keep a close watch on gold's reaction to the levels of $2689 to $2695. This analysis will be updated moment by moment as the price moves!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ETH/USDT IN 15 minutes AnalysisETH/USDT 15-Minute Analysis
On the 15-minute time frame, ETH/USDT has successfully broken out of a triangle pattern, indicating potential bullish momentum. If the breakout is supported by strong volume and sustained buying pressure, we can expect the price to move toward the green target zone.
Target zone:
The green zone is the current target area, aligning with the measured move from the triangle breakout.
At this moment, it’s crucial to monitor whether the price finds support at the breakout level to confirm the continuation of the trend.