AUDIO/USDT Secondary trend. Channel 0.16. Correction -96%From the distribution zone (hype), the price dropped to the $0.16 level, from which it was previously pumping +2370. At the moment, the price is squeezed at the support of the channel of 5 weeks. Recall that we are talking about the weekly time frame.
Here is how this altcoin looks like on a linear price chart .
My previous teaching/work idea. I published it then in the distribution (HYIP, selling) area of phantom +666% of the average accumulation price.
AUDIO/USDT Psychology. Accumulation. Distribution. Local fractal.
Probably, at the moment it is more interesting to work with this crypto-fantik in the long, than earlier on the price values +666% in the distribution area.
Cryptocurrencysignals
AUDIO/USDT Downward wedge in horizontal channel 10 2023Arithmetic chart. Time frame 1 day. The descending wedge is a bullish formation on a bearish trend or accumulation zone (sideways). It was formed in a horizontal channel with a step of about +180%. Price has been moving along the support of this huge pump channel for 2 months.
Shown percentages (3 target zones), of two logical variants of trend development.
1) Trend break now. Breakout of the wedge resistance (downtrend) and work with the channel range.
2) Further formation of the wedge, entry under the channel support into the so-called capitulation zone and only after that the price growth.
Line chart.
Secondary trend. Distribution/accumulation zones (read the description and the interconnected idea of learning/working).
AUDIO/USDT Secondary trend. Channel 0.16. Correction -96%
APT/USDT Main trend. Wedge. Logarithm. Timeframe 3 days. It is forming, as on many mid-liquidity altcoins—a descending wedge.
Here's what it looks like on a line price chart .
Pivot Zones. Trading Strategies. .
At the moment, the drop is -76%. Usually assets of this liquidity fall by -90%, but perhaps now is not the time yet or there is too much hype for cryptocurrency. You can work from the average set/reset price, i.e. allocate money in advance. Another option is to wait for the breakdown of the wedge.
Risk and mani-management.
Remember that with the general market situation, localized takeouts (squeezes) of stop-losses are possible. More globally, do not rule out the possibility of a so-called "black swan" (not a crypto story) since 03 2020 at the dumping of the crown virus. Then the descending wedge can break with one stick - squeeze (like the whole market), and no matter how beautiful the chart of this cryptocurrency looked earlier. If that happens, only buy with a net of orders and disconnect from media news scaremongering.
Scare and save, this is the essence of wolves earning money and loss of funds of illusorily scared and then saved sheep. .
In any case, the descending wedge has been formed (bullish formation), breaking through its resistance (breaking the downtrend) is a matter of time, not the action itself. Moreover, this very HYIP and something "valuable" should be sold (create HYIP and media demand) to those who do not appreciate such things and do not divide cryptocurrencies into good and bad, because they are just tools with the help of which "out of nothing" you can make fabulous money on the faith of fools in something abstract.
Do not catch the lows and highs of the trend. Work logic like the big market participants:
"I never know the exact future, but there is a more likely or less likely scenario, those are the ones I stick to. I am prepared for any localized outcome of events, even the less likely". Absolutely not interested in crypto news and majority opinion" .
ICP Secondary trend wedge zone in accumulation channel 10 2023Secondary trend. Work with the breakout of the wedge and the range of the horizontal accumulation channel. The price now (narrowed part of the wedge) is in the capitulation zone, that is, under the support of the accumulation channel.
Line chart. of this zone to work.
Secondary trend That is, the horizontal accumulation channel.
ICP/USDT Secondary trend. Accumulation channel.
About mani management in working now on similar medium and low liquidity cryptocurrencies read in the description of this trading idea: RLC/USDT Secondary trend. Decline -63% Wedge. 10 2023
BITCOIN What is next narrative it will break?Since th 2021 Bear Cycle started, Bitcoin (BTCUSD) entered a phase that few could have predicted. You can very easily even call it the 'Cycle of Narrative Destruction' as since the June 13 2022 break below the previous All Time High (ATH), Bitcoin started breaking narratives that have been well established throughout its history and few thought could break.
** Five major narrative breaks so far **
Starting from the very first narrative destruction on the week of June 13 2022 (we are viewing this chart on the 1W time-frame), Bitcoin managed to break below the previous ATH (19350) for the first every in its history. Then a few months later in November 2022 in the aftermath of the FTX crash, it broke below the 1W MA300 (red trend-line) also for the first time ever. This resulted into the first ever 1W Death Cross around February 2023 and following the recovery during 2023, it naturally formed the first ever 1W Golden Cross around the last week of December first week of January 2024. The most recent narrative that BTC has destroyed was this week as it made a new ATH marginally above $69000, which was the first time it did so before the Cycle's Halving (which is due in mid April 2024).
** Which narrative is next to break? **
As you can see, those are 5 major narrative breaks in the span of 18 months. So what narrative will BTC break next? The first that comes to our mind as the market is rising that fast this high, is the Theory of Diminishing Returns (TODR). This theory implies (and has been correct so far) that each Cycle delivers lower returns than the previous. As you see on the charts, the first Cycle gave +531681% returns, the next one +62325%, then +11808% and the most recent +2051%.
** So 330k is realistic?? **
If this narrative is to break, it means that BTC would need to make a little over +2051% during the current Cycle. That suggests that we can be looking at a Cycle peak above $330000! Of course if that happens, it would mean that Bitcoin will also break above its historic Parabolic Growth Channel, which can be considered another narrative destruction.
But what do you think? Can the Theory of Diminishing Returns be the next narrative to break and if not, which one do you think it will be? Feel free to let us know in the comments section below!
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BITCOIN Volatility to kick in as we approach the Halving?So far since the November 2022 bottom, Bitcoin (BTCUSD) has formed the same pattern twice: roughly +100% rise, a Triangle that preceded the rally's top, followed by a roughly -20% decline in the form of a Channel Down.
The latest high volatility of the past 3 days resembles those Triangle patterns before the peak. A +96.43% rise, similar to the previous Wave, gets completed around $75500. If BTC continues to replicate those patterns, then a -20% correction should coincide with April's Halving.
Do you think that Bitcoin will continue following that blue-print? Feel free to let us know in the comments section below!
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SHIBA is having a 2017 XRP moment!Shiba Inu (SHIBUSD) is on a remarkable 2-week rally that has already hit the November 2021 levels. Such a strong move is the start of year long parabolic rallies and the one coin that Shiba seems to be replicating is XRPUSD.
In fact it appears (on the 1W time-frame) that SHIB is copying XRP's 2014 - 2016 Bear and subsequent accumulation phases, which eventually led to the parabolic rally of 2017. As you can see XRP's start on this rally is very similar to Shiba Inu's today.
Is SHIB having a 2017 XRP moment?
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Lisk (LSK) setting up for upto 25.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Lisk (LSK).
Recently we caught almost 35% pump of LSK as below:
Now on 1-hr time frame, LSK is about to complete a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Harmony (ONE) completed a setup for upto 20.50% pumpHi dear members, hope you are well and welcome to the new trade setup of Harmony (ONE) coin with US Dollar pair.
Previously we caught more than 20% pump of ONE as below:
Now on a 4-hr time frame, ONE has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BITCOIN Perfect symmetry shows $170k!This chart on the 1W time-frame shows how symmetric Bitcoin's price action has been before and after the March 2020 COVID crash with the price action has been before and after the November 2022 FTX crash.
Both within the long-term structure of a Channel Up, the bottomed below the 1W MA200 (orange trend-line), turned a Resistance into Support when the rally really took off, while the 1W RSI was ascending on a Channel Up.
Within this nearly 7 year Channel Up, BTC made its two Higher Highs peaks after a +1000% rally, which indicates that is the standard for the pattern. A repeat of a +1000% rise from the November 2022 bottom gives us a projected peak around $170000!
How realistic do you think that is? Do you agree with that model? Feel free to let us know in the comments section below!
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Arweave (AR) is setting up for upto 20.50% pumpHi dear members , hope you are well and welcome to the new trade setup of Arweave (AR) coin with US Dollar pair.
Recently we caught almost 331% pump of AR as below:
Now on a 2-hr time frame, AR is completing the final leg of a bullish BAT move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
[ADAUSDT] - long term accumulation in Adam & eve has broken out!in monthly chart ada completed a long term accumulation i adam & eve ..
additionaly:
🔸 produced a positive retest now... meaning a bullish path
🔸three white soldiers (monthly time frame)
targets shown at chart
dont forget to support us with ur like, comment and follow for more updates🎯
PEPEUSD This rally is far from over.Pepe (PEPEUSD) has completed a +760% rise so far from the February 05 2024 Low and based on this chart, it is far from over! In fact as both the 1D MA50 (blue trend-line) and the 4H MA50 (red trend-line) are supporting, this run resembles the rally of April 21 - May 05 2023 when Pepe rose by +2531%. During that rally, the 4H MA50 held and broke only when the multi-month pull-back started.
As a result, we expect the coin to rise to at least 0.000023 (+2531% from the bottom), which would interestingly enough be a Higher High if that indeed evolves into a Channel Up.
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Long Term Crypto Market Cap PredictionThis is my quick but accurate ;) crypto market cap prediction for the long term.
My target for the current bull run is a 6-8 trillion $ market cap by the end of 2024. When we reach this region/area, I will be taking significant profits and looking towards the next phase in 2026/27.
NEON PULLBACK FOR A LONGNEON here on 3day chart. Nice move so far, got bearish stophunt giving us an entry opportunity.
NEW WEEK and 3DAY CANDLE MONDAY!
Will be looking for long opps around 1.50 range to build position, if we get that on new week dips.
Several target along the way but I ultimately believe NEON will moon. Sooner or later. At least $5 range for ultimate target depending on how patient you are.
Not financial advice, just mt 2cents.
PLEASE LIKE, FOLLOW, BOOST IF YOU LIKE MY CONTENT
THANKS MATES!
EOS/USD Secondary trend. Wedge. Price lows. 13 10 2023Logarithm. Time frame is 3 days. Linear for clarity. The price has reached the historical lows of 2017. The descending wedge is in the final phase of its formation. Percentages show adequate medium-term targets from the breakout of the wedge.
Local trend Time frame 1 day.
Major trend Time frame 1 month. (published 1.5 years ago)
EOS/USD Main trend. Channel
EOS/USDT Local trend 15 07 2023Logarithm. Time frame is 3 days. Near the zone of historical lows. Asset accumulation zone.
This idea, is an update of a previous local work idea (11 local work updates (the entire zone of this accumulation.)
EOS/USD Local work. Reversal zone. % Published one year ago on 29 07 2022
Local reversal zone .
Important mirror resistance level (former support) marked in yellow color. Percentages from the reversal zone to key local support/resistance levels are shown for clarity and general picture.
Local trend Time frame 3 days. Linear for clarity.
Major trend. Time frame 1 month (published 29 07 2022) All up to date.
EOS/USD Main trend. Channel
Secondary trend. Time frame 3 days (published on 07/29/2022) All up to date.
EOS/USD Secondary trend.
The basis of trading is logic, mathematics and psychology, if even simpler, a trading strategy built on the ratio of risk management, that is, discipline and logic, which is a reflection of human personality (psychology of behavior).
Everything is much simpler... After all, in 95% of cases it is known in advance where the price will go with a high probability... but most people do not see it, or rather do not accept it, because they want to see what is profitable for them... and not what is actually there.
BITCOIN Why $81000 may be more realistic than you think!We've been talking about the possibility of Bitcoin (BTCUSD) seeing $81000 for a while now but this pattern on the 1W time-frame shows for the first time more clearly why this is a more realistic than ever!
As you can see, by applying the Fibonacci Channel on the last 2 Cycles, we can see that Bitcoin just broke on the current 1W candle the 0.382 Fibonacci level (yellow line) for the first time since June 06 2022. In cyclical terms this is a very important development as during the previous Cycle, every time BTC broke above the 0.382 Fib (2 times), it always extended and hit the 0.5 Fib too (blue). In fact the time it took on those 2 cases to reach the 0.5 Fib after the price departed from the 0.236 Fib (green) was 7 weeks (49 days) and 8 weeks (56 days).
As a result, we can estimate a max time (8 weeks) of hitting the 0.5 Fib on the week of April 01 2024. If done on exactly that week, then 81k will be delivered. If earlier obviously we are looking within the 78-81k range.
The 1W CCI indicator (green circles) suggests that we might be closer to a November 2020 fractal than May - June 2019 (which was of course caused by the Libra euphoria). This indicates that currently we might be at the very start of this Cycle's most aggressive part, the Parabolic Rally.
But what do you think? Is 81k as close as this chart suggests? Feel free to let us know in the comments section below!
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LITECOIN making the Cyclical Bullish breakout you MUST NOT MISS!Litecoin (LTCUSD) has managed to make a Triple Bullish Break-out as not only did it break above the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line), both of which have been Resistances since August 2023 but also above the Lower Highs trend-line that started at the May 10 20221 top of the previous Cycle.
This constitutes a Cyclical Bullish break-out because as you can see, every time LTC broke above the Lower Highs trend-line in the past 2 Cycles, it confirmed the official start of the parabolic rally to a new All Time High (ATH).
Our target is $450, which is just below the ATH Higher Highs, a level that has been hit on both previous Cycles. If broken, LTC can even reach as high as $700 or even $1000 (1.382 Fibonacci extension) but those are overstretched technical levels that would require extremely positive fundamentals.
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COMPUSDT,🟢Is it time to buy?🟢 (Details on Caption)
Well, as you can see the market structure shifted after collecting the liquidity and had a massive bullish move, then the price had a deep retracement to the bullish order block and rose again.
Now, in my perspective, the price can move higher if the first demand zone (57.40-61.58) holds the price and in addition, the price can close the daily candle above 70.70, in this scenario the targets are 79.70 and 85.90, we can define the bearish breaker as our last target.
Alternative scenario: if the demand zone fails to support the price, the price can see lower prices, in this scenario the liquidity pool formed as an equal low at 44.80 can be our target.
What you should know: Compound is a decentralized, blockchain-based protocol that allows you to lend and borrow crypto — and have a say in its governance with its native COMP token.
💡Wait for the update!
🗓️24/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
BTC / Bitcoin - Consensus of Indicator Analysis / ForecastOn this highly reliable weekly chart I have placed and added various indicators. My review of
them is on the chart. Solely from the perspective of my review and analysis and not at all
setting aside the idea of BTC to $250K in 2024, Bitcoin may be overbought with a high RSI
and MACD about to cross lines over a relatively thin histogram. Price is higher than the 3rd
VWAP band line 3 standard deviations above the mean of the anchored VWAP and the
mass index is above the threshold for it to fall to trigger a reversal Accordingly, I will not
add to my position and will hold what I have. Further, i will take a look at the NASDAQ
Cryptocurrency Index and if it appears to be similar to BTC which is the biggest market cap
within that index, I will not add to ETHUSD or any of the other "stable coins".
I am prepared to short BTC on a forex exchange with leverage once an established trend is
seen on a 60-180 minute chart with checking ADX and DI +.
DOGEUSD The time to buy aggressively is NOW!!Dogecoin (DOGEUSD) has so far fulfilled our July 24 2023 call (see chart below) for 6 months of sideways trading and is about to get out of this Cycle's Accumulation Phase:
As you can see on this chart, the price action respected our Accumulation Phase boundaries strictly and is about to form a 1W MA50/MA100 Bullish Cross. When this Cross was formed on each of the previous 2 Cycles, Doge started a rally. In the case of 2020 it was almost instant. We are less than 3 weeks before completing 1050 days from the All Time High (ATH), which during the past 2 Cycles was a benchmark for the start of the Parabolic Rally Phase (green Rectangle).
As a result, we are turning aggressively bullish on Doge, aiming at the 0.786 Fibonacci level of the Channel Up at $2.000. That is a fair Target price but we believe that if the market makes an overextension, we can even see it reach as high as $6.000.
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BITCOIN Today's monthly closing can start a rally to $81000!Bitcoin (BTCUSD) is closing the monthly (1M) candle today and to the surprise of most, it is near the November 2021 All Time High (ATH). In fact it is exactly at the level where the ATH monthly candle (Nov 2021) made its closing. As a result if the month of February closes today above it, we will have a new ATH monthly closing!
** The importance of the monthly closing **
Why is that so important? Because every time in history BTC closed a 1M candle above the closing of the previous ATH candle closing, it started the Parabolic Rally Phase of the Bull Cycle and never looked back until the Cycle top. This is a key level as there were 2 times it got tested but as the 1M candle didn't close above the previous ATH candle closing (August 2012 and June 2019), the price got rejected and took numerous more months before the next test and eventual break-out.
** The 1M RSI and Fib bands **
It is important to highlight that on the tests that were successful and made a new 1M candle close above the previous ATH candle closing, the 1M RSI was overbought above 70.00 (blue circle and arrow), while the 2 times it failed, the RSI was below 70.00. Also during those successful tests, the 1M candle was recently detached from the Fib MA Multiple 3 (blue trend-line) and in reached Multiple 5 (yellow trend-line) within the next 2 months maximum.
** What's next if successful? **
This indicates that if today's monthly candle closes above our critical level, we should see $81000 by April! And if you want to make a rough estimate of the top of the Cycle, it should be at or marginally below Multiple 7 (red trend-line) with a fair projection being $150000. You should also consider to start profit taking once the 1M RSI approaches its historic Lower Highs trend-line, which has timed the pricings of all Cycle tops. And with the exception of the last one, that was on a Double Top on the Lower Highs.
But what do you think? Will Bitcoin makes a closing above the ATH 1M candle closing today and if so, will it hit 81k by April? Feel free to let us know in the comments section below!
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