Optimisim Swing Long Idea - OP COIN LONGPrice has run the monthly liquidity, creating upward momentum and breaking the weekly bearish trend. Recently, we broke the bearish trendline that had been driving the bearish movement since Spring 2024. The price closed above the trendline, retested it, and then rejected strongly.
Currently, the price is moving impulsively upward as ETH gains bullish momentum.
I’ll be looking to open long positions within the weekly demand zone marked on the chart. I don’t expect another retest of the trendline, as we’ve already retested it and seen a solid rejection.
I’ll seek LTF confirmations before engaging with the price.
Stop-loss: Daily close below $1.27
Target 1: $3.04
Target 2: $4.05
Cryptolevels
Ethereum - Buy It Now Or Never!Ethereum ( BITSTAMP:ETHUSD ) will offer a final retest:
Click chart above to see the detailed analysis👆🏻
Ethereum is about to retest a perfect confluence of support from which a bullish reversal is almost certain. Following the overall bullish trend, Ethereum should retest the previous all time high next and then maybe even follow Bitcoin and create new all time highs going into 2025.
Levels to watch: $2.000
Keep your long term vision,
Philip (BasicTrading)
Alikze »» ETC | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
BINANCE:ETCUSDT In the daily timeframe, according to the analysis presented earlier , it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.
- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.
💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.
⚠️ In addition, in the bullish scenario, the Invalidation LVL zone should not be touched. ⚠️
💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.
Doge / UsdtBINANCE:DOGEUSDT
Doge Channel Price Analysis 📉:
The current price of Doge has recently encountered multiple rejections at the 0.39211 level 🚫, which is acting as a strong resistance. This means that the price has attempted to break above this level several times, but it has been unable to maintain its position above it. If the price continues to face rejection at this level, there could be more downward pressure ahead, with potential retests of lower support zones.
Resistance Level:
The immediate resistance area to watch is 0.39211 🔴. If the price fails to break above this resistance, it may struggle to move higher. However, if Doge manages to break through 0.39211, the next significant resistance comes in at 0.43243 💥. This is a critical price point that could signal a potential bullish breakout 🚀 if the price is able to push past it with strong buying momentum. Breaking through 0.43243 could open the door for further upside, and we may see Doge move higher toward new levels.
Support Areas:
On the other hand, if the price starts to decline, the first major support area to watch is 0.3573 🛑. This is a key level where the price could find buying interest and potentially bounce upward. If Doge fails to hold at 0.3573 and continues to fall, the next support level comes at 0.2843 🔻. This would be a critical point where the price could find significant support, and it might attract buyers looking to step in at a lower price. A bounce from this support could set the stage for a potential reversal and upward movement toward the resistance levels once again.
What to Watch For:
If the price respects the support areas at 0.3573 and 0.2843, we could see a reversal of the downward trend, with potential for a retest of the 0.39211 resistance. The price might start to move upward, especially if buying volume increases. 📈
On the flip side, if the price breaks below 0.2843, it may signal further downward momentum, and we might need to look at even lower support levels for potential price stabilization. ⚠️
In essence, Doge is currently in a crucial price channel, with multiple attempts to break resistance at 0.39211. If the price manages to break through the resistance, it could set the stage for an upward move to 0.43243. However, if it fails to hold the support levels at 0.3573 and 0.2843, we could see more downside. 📉
Key Takeaways:
Resistance at 0.39211 and 0.43243.
Support at 0.3573 and 0.2843.
Watch for signs of breakouts or bounces to determine the next potential move. 📊
Disclaimer: This is not financial advice ⚠️. Always perform your own research and due diligence before making any investment decisions. 📈💡
ADA thesis with RAG AI by TItan_Karma Given the current market conditions for ADA, there is a favorable environment to consider entering a LONG position. The recent news surrounding ADA, particularly discussions about censorship on social media and the integration of AI, could positively influence market sentiment. The price of ADA is currently at $0.838, with a significant trading volume of approximately 307.87 million, indicating strong interest from traders. The long-short ratio suggests a bullish sentiment, particularly in the 1d and 1h timeframes, where long positions outnumber shorts.
From a technical analysis perspective, ADA is showing strong bullish momentum across multiple timeframes. However, the RSI values are above 70, indicating overbought conditions, which suggests a potential pullback. It is crucial to monitor for any bearish signals or reversals, especially as the price approaches resistance levels. The historical data indicates a general upward trend, with support levels around $0.7400 to $0.7600, which could provide a buying opportunity if the price dips.
In terms of coinglass_data, real-time metrics such as open interest, weighted funding rate, and liquidation data will be essential to gauge market dynamics. Additionally, insights from TradingView and CoinMarketCap will help identify the best predictions for scalping investments today. The current market sentiment from Augmento.ai and CryptoCompare will also provide valuable context for potential price movements.
Technical Analysis: The current indicators suggest a strong bullish trend, but caution is advised due to high RSI levels. The volatility analysis indicates that the market is experiencing fluctuations, and the order book dynamics show significant buy walls, which could signal upward price movements. The momentum indicators are also showing strong upward trends, reinforcing the bullish outlook.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$0.8000", "TAKE_PROFIT": "$0.9000", "CONFIDENCE_LEVEL": "75%", "EXIT_POINT": "$0.8500", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
UNI thesis with RAG AI by Titan_KarmaThe current market conditions for UNIUSDT indicate a bullish sentiment, supported by a price of $9.416 and a significant trading volume of approximately 4.21 million. The long-short ratios suggest that traders are favoring long positions, particularly in the 1d and 1h timeframes. Given the last open long price of $9.396, it is advisable to hold existing long positions while monitoring for any signs of reversal or increased short activity.
Recent news is absent, providing an opportunity to reassess investment strategies without external distractions. The technical analysis shows that the RSI is below 70, indicating that UNI is not overbought, while the CCI and Stochastic indicators reflect positive momentum. However, caution is warranted as shorter timeframes exhibit overbought conditions.
In terms of coinglass_data, real-time metrics such as open interest and funding rates should be monitored closely to gauge market sentiment. The current bullish trend aligns with the historical data, which shows a strong upward trajectory in recent days. Resistance levels around $9.6623 should be targeted for potential profit-taking, while support levels must be established to manage risk effectively.
The sentiment analysis from Augmento.ai indicates a positive market mood, which aligns with the bullish outlook for UNI. Additionally, the volatility analysis using ATR and Bollinger Bands suggests that optimal entry points should be identified to avoid sudden price movements.
TRADE RECOMMENDATION
json { "OUTCOME": "HOLD_BUY", "STOP_LOSS": "$9.200", "TAKE_PROFIT": "$9.6623", "CONFIDENCE_LEVEL": "85%", "EXIT_POINT": "$9.416", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above -3.623" }, "CURRENT_OPEN_LONG_POSITIONS": 1, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
ALT Season? Not Even CloseWhen we exclude Bitcoin from the total crypto market cap, it becomes clear that we’re far from the conditions needed for an ALT season. Here’s a breakdown:
First Resistance: $1.28T (Excluding BTC)
The last high was in March 2024, with the market cap reaching $1.28T.
At that time, BTC dominance was around 52%.
Second Resistance: $1.71T (Excluding BTC)
This was the peak during the ALT season in November 2021, with the market cap hitting $1.71T. Back then, BTC dominance had dropped to just 42%.
Current Situation
BTC dominance is now sitting at 60%, which is far too high for a typical ALT season to start.
Historically, ALT seasons tend to begin when BTC dominance falls below 50% or even lower.
Conclusion
The altcoin market has a long way to go before reaching the conditions for a true ALT season. We need BTC dominance to decline significantly and the altcoin market cap to break through key resistance levels at $1.28T and $1.71T.
What’s your outlook? Are altcoins still in Bitcoin’s shadow, or is a shift coming? Let’s discuss!
Will XRP Price Surpass All-Time Highs Amidst SEC Legal Troubles
The cryptocurrency market has recently been on a rollercoaster ride, with Bitcoin and Ethereum leading the charge. However, another cryptocurrency, Ripple (XRP), has recently stolen the spotlight with its remarkable price surge. The digital asset has seen a significant uptick in value, surpassing the $1 mark, fueled by a combination of factors, including legal victories for Ripple against the SEC and positive developments in the regulatory landscape.
The Ripple vs. SEC Battle and Its Impact on XRP Price
One of the primary catalysts for XRP's price surge is the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). The SEC has accused Ripple of conducting an unregistered securities offering by selling XRP tokens. However, recent court rulings have favored Ripple, increasing investors' optimism.
A favorable outcome in the Ripple vs. SEC case could have a profound impact on the cryptocurrency industry as a whole. It could set a precedent for future regulatory clarity and potentially pave the way for wider adoption of cryptocurrencies. As a result, investors have been flocking to XRP, driving its price higher.
Favorable Regulatory Shift and Its Implications for XRP
In addition to the legal developments, many countries worldwide are adopting a more favorable stance towards cryptocurrencies. This regulatory shift is creating a more conducive environment for the growth of the cryptocurrency industry, including XRP.
As more countries implement clear and supportive regulations, it could lead to increased institutional adoption of cryptocurrencies. This, in turn, could drive significant demand for XRP, further boosting its price.
Technical Analysis: A Bullish Outlook for XRP
From a technical analysis perspective, XRP's price chart is displaying a strong bullish trend. The cryptocurrency has broken through key resistance levels and is now trading above its 200-day moving average. This suggests that the bullish momentum is likely to continue in the short to medium term.
However, it is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Therefore, investors should exercise caution and conduct thorough research before making any investment decisions.
How High Can XRP Price Go?
Predicting the exact price target for XRP is challenging, as it depends on a variety of factors, including the outcome of the Ripple vs. SEC case, broader market sentiment, and future regulatory developments.
However, given the current bullish momentum and positive market sentiment, it is not unreasonable to expect XRP to reach new all-time highs in the coming months or years. Some analysts have even speculated that XRP could potentially reach $10 or even higher in the long term.
Conclusion
The recent surge in XRP's price is a testament to the growing interest in the cryptocurrency and the positive developments surrounding Ripple. As the legal battle with the SEC unfolds and regulatory clarity emerges, XRP could continue to outperform other cryptocurrencies. However, investors should approach XRP with a long-term perspective and be prepared for potential price fluctuations.
It is crucial to conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
Bitcoin's Bull Flag Formation Suggests Potential Upside MoveCurrent Setup:
Bitcoin's recent breakout from a descending price channel led to a swift rally, pushing beyond its upside target of $90,000-$92,000.
With established support now between $70,000-$72,000, Bitcoin has created a flagpole formation, hinting at a possible bull flag pattern—a classic continuation setup.
Next Steps:
Consolidation Phase: Bitcoin is likely to consolidate sideways for the next few weeks, allowing time for the market to digest recent gains and build momentum for the next leg up.
Upside Targets: If the bull flag formation plays out as expected, BTC could see an explosive rally toward the $110,000-$112,000 range. With strong buying pressure, an extension to $120,000 is also within reach.
Support Zone:
The critical support remains at $70,000-$72,000. Staying above this level will be key to maintaining the bullish outlook and validating the flag formation.
Outlook:
As long as Bitcoin holds above the $70,000-$72,000 support zone, the bull case remains intact. Watch for a potential breakout from the consolidation phase to signal the next move higher, targeting new all-time highs.
#Bitcoin #BTC #BullishTrend #CryptoTechnicalAnalysis
INJ SWING LONG IDEA - ALTCOIN SEASON 2024-2025INJ experienced significant gains during the 2023-2024 altseason, making it a smart move to watch this coin for the 2024-2025 altseason.
Technical Analysis:
The price ran the weekly swing liquidity during the August 4th dump. It wicked but couldn’t close below, signaling bullish strength. Following this, the price broke both the daily and weekly bearish structure, turning bullish on two higher timeframes.
Recently, the bearish trendline responsible for the downtrend since spring 2024 was broken with strong momentum and a confirmed close above. This indicates to me that the price aims to move higher.
I expect the price to potentially retrace into the weekly demand zone, hitting the optimal trade entry (OTE) level and possibly retesting the broken trendline.
I will be looking for lower timeframe (LTF) confirmations within the weekly demand zone if the price reaches that level.
SL: $13
TP1: $28
TP2: $41
TP3: $53
Alikze »» GAS | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1W
After a climb up to the $30 range, the BINANCE:GASUSDT currency has faced a zigzag correction in the daily time frame, which has faced demand again in the $2.50 range.
- It is currently moving in an ascending channel with higher floors and ceilings.
💎 According to the current momentum, which is currently at the top of the short-term ascending channel.
- In case of selling pressure at the ceiling of the channel, it can face demand again in the middle of the channel or the green box area and an upward trend up to the ceiling of the second channel in the range of 8 to 10 dollars. go through
⚠️ In addition, if the golden box is broken, the bullish scenario will be invalidated and should be reviewed and updated again. ⚠️
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AR COIN SWING LONG - Arweave Long OpportunityAR is one of my favorite coins fundamentally. It has a strong foundation in storage and distributed computing, which could play a crucial role in integrating AI technology with crypto. I won’t go deep into the details here, but you can read more about it online if you’re interested.
Technical Analysis:
The price reached the monthly demand, ran the daily swing liquidity, and couldn't close below it. We saw a strong rejection from that level, which led to a break in the daily structure.
Additionally, we broke the bearish trendline responsible for the downtrend since spring 2024. The trendline has been retested and rejected, further reinforcing the bullish bias. I believe we could soon see strong upward momentum on this coin.
I’ve purchased a spot bag and opened a futures position at this level, targeting significant upside and potentially holding as a swing trade until all-time highs.
Flipping Options: A Bearish Signal for Bitcoin?
I'm not a psychic, and I don't have a crystal ball, but here's what I clearly see and can share with you: for several days now, there’s been a flow of options at the 100,000 strike changing hands.
What's crucial is that this option series still has 14 days left before expiration, and there's a high probability it could go in the money, meaning it could exceed the 100,000 mark.
However, these options are being flipped, locking in profits, which suggests that traders aren't expecting further upside or don't believe in it.
The 'strong hands' are selling to the 'weak hands,' indicating that sentiment isn't favoring further growth.
The bottom line : Bitcoin's upward momentum is either facing or has already encountered some serious headwinds.
It's unlikely that we’ll hit 100,000, and if we do, it might just act as a ceiling for any near-term growth
Data Source: CME
LINK SWING LONG OPPORTUNITY - ALTSEASON - Altcoin MarketLINK is one of the key blue-chip assets in the crypto market. It is a well-established and reliable project compared to many newer networks and assets, which is why I prefer trading LINK.
Technical Analysis:
The price reached the monthly demand during the August 4th dump, got rejected, and began climbing. Following this, it broke the daily and weekly bearish structure, shifting into bullish momentum. Finally, the price broke the bearish trendline responsible for the downtrend since March 2024.
The price now appears to be retracing into the weekly demand and potentially retesting the flipped bearish trendline. The weekly demand also aligns with the optimal trade entry (OTE) zone, adding extra confirmation for me.
I will look for LTF confirmations to initiate a trade within the marked entry zone.
SL: $9.2
TP1: $19.2
TP2: $22.8
BTC Bitcoin // Breakout or Breakdown ?www.tradingview.com
After a massive bull run in BTC, it is taking a halt for last couple of days between 85000 to 93000 ranges.
On daily chart, the levels can be:
Resistance : 93700, 102400, 111100,119800 (exhaustive)
Support : 80400, 72200, 64400 (last resort)
The level where it is taking support right now, is 23% retracement at Fibonacci retracement level. This an important level. While looking at above levels, if it has to break the last swing high and touch some unchartered territories, the pullback is required. The best pullback reversal can be anywhere between 69000 to 76000.
Fresh buying depends on your risk appetite. Here are the ranges based on type of traders with strict SL.
--> High risk traders: reversal from 80500.
--> Moderate traders: reversal between 72000 to 76000
--> Conservative traders: reversal between 64000 to 66700
Good luck.
StoxWare Team
TOTAL 3 CRYPTOCAP EXCLUDING BTC ETH SITTING AT LAST TOP The total crypto market cap (excluding BTC and ETH) is sitting at a critical resistance level. This suggests potential volatility as the market tests this level, with a breakout possibly signaling stronger interest in altcoins. Watch for either a decisive move upward or a rejection, which could indicate a period of consolidation ahead.
TOTAL MARKETCAP CRYPTOCAP SITTING AT 3 T. The total cryptocurrency market cap is currently sitting at the top of 3 trillion USD, a strong indication of ongoing bullish sentiment across the market. With such a high market cap, we’re seeing significant momentum, and key resistance levels may soon be tested. Traders should watch for potential breakout signals or signs of consolidation as the market stabilizes at this level.
BSV/USDT POSSIBLITY FOR $105Following the recent increase in BTC and based on the latest data, BSV has a good chance of entering a new trend. This suggests that BSV may gain enough momentum to break through to $107, with potential interim targets at $74, $85, and $105.
The reason for this update is that there is a high chance BSV can change a trend of break.
This depend on trend data.
Monitor BSV further to see if it can reach new levels in the coming periods.
$BTC is VOLATILE SO DONT PANIC SELLSimple chart here showing the red trend line I placed on the chart 4 days ago or so i posted other idea of it.. left it there just updated and for different time period this time. Also lower projection. Thanks I am new to chart making so it may not be perfect,, but red line again was placed there as a "guess" market move and it kinda has :P anyway enjoy :)
Solana Targeting All-Time Highs – SOLANA SWING LONGSolana has hit all the targets I shared here weeks ago!
I hope you took some profits. We've reached the third and final target—the March 2024 high. Now, it looks like we're retracing back into the weekly demand zone. I expect a potential bounce from the top of this zone, which aligns with the Fibonacci retracement. From there, we could see price movement toward new all-time highs.
I’ll be watching for lower-time-frame confirmations to enter the trade. Price could wick all the way into the weekly demand and fail to close below, especially if Bitcoin drops impulsively. So, look for confirmations first.
Stop Loss: 153
Target 1: 225
Target 2: 260