One of the most anticipated online events in the digital currency ecosystem in H2'23 was the Litecoin (LTC) halving, that took place in early August, 2023. As the cryptocurrency market prepares for one of the network's major events, the Litecoin (LTC) halving, investors and analysts were peering into the crystal ball of market trends in an attempt to predict the...
Last week in the news The market optimism continues to hold on financial markets for the second trading week in a year. The S&P 500 reached new all-time highs, surpassing the highs from the year 2022, reaching level of 4.840 on Friday. As USD gained a bit in strength, the US Treasury yields followed the path, while Gold remained relatively stable during the...
Just some guessing here based on some Fibonacci lines. But if my predictions come out, then we'll have a 4 Trillion total crypto market cap around may 2025. This could also be the top of the next bull market and a huge opprtunity to lock in profits. For the short term I expect a pullback to the last major support. But after that...
RNDR is at the supply zone if this will is flipped then its next target is $4.9625 Entry: closing of 4 hours above the supply zone TP: 4.9625 SL: 4.119 if 4 4-hour candle closes below the demand zone which is currently a supply zone.
DYDX is in a bullish structure and breaking out from the daily trendline. It could make its HL at $2.910 and then go towards $3.499 Entry: 2.910 TP: 3.499 Sl: 2.735 if 4 hourly candle close below it.
As of the current moment, I do not have any active trades in the cryptocurrency market. I have closed all of my long positions, though I have not yet transitioned to short positions—at least not as of now. The purpose of this post is to address some specific concerns: First and foremost, considering common sense factors: - The overall sentiment in the...
Auction reclaimed its demand zone which was previously its supply zone and hovering at the $21.59 level also broke out from the trendline. We can see this at the $25.77 level until we don't break the market structure. Entry: 21.01 Tp: 25.77 Sl: 19.78
APT changed its structure from bullish to bearish after making a double top with divergence and breaking HL, Now it will hopefully retest the current resistance for making new LH and go towards the target. Entry: Cmp and 9.82 Tp: 8.39 Sl: 10.43
Hello fellow traders, hope everyone is doing well. In this post I try to explain What & Why is expected from Cryptomarket in Q1 2024. This idea is based on micro and macro economy outlook, in which the most important part is Interest Rate of FED as a moving tool. Aswell, note that current market environment in which Interest Rates was elevated occured only ...
Last week in the news At the start of this year Bitcoin reached another important milestone in its further acceptance into the mainstream. During the previous week the US Securities and Exchange Commission approved the first spot BTC Exchange Traded Fund. Through this milestone, BTC managed to secure its future on the mainstream markets. How it will secure the...
Potential opportunity for a nice swing trade at approximately $0.65. The stock seems to be forming a Cup and Handle pattern, which is a classic technical analysis formation. In a Cup and Handle, the price chart resembles the shape of a tea cup with a handle. It's considered a bullish continuation pattern, suggesting that after a previous uptrend, there might be a...
PEOPLE changed its bearish momentum to bullish momentum. It needs more fuel to go towards the supply zone. A possible new HL could be marked demand zone which is perfectly aligned with 0.6 to 0.5 fib level. Entry: 0.03785 Tp: 0.05271 Sl: 0.03003 if the 2-hour candle closes below this.
CTSI broke its 4 hourly resistance and made a new HH, now price is looking for a new HL which could be in the Demand zone and 0.5 fib also lies in that zone. Entry: 0.2029 Tp: 0.2380 Sl: 0.1788 if 4 hourly candle closes below this level.
The price of bitcoin rose to start the week, extending gains from the previous week helped by optimism about a bitcoin exchange-traded fund and a flight to safety. Treasury bonds interest rates are also retreating from their recent highs. Bitcoin was trading about 5% higher at $ 31'518, according to Monday trades, and coming off its best week since June. It has...
LRC is breaking out from the 4 hourly resistance zone and makes a new HH for continuation it will come and retest its demand zone which is perfectly lying with 0.5 fib, there it can make its possible HL and go further supply zone. Entry: 0.2571 SL: 0.2190 Tp: 0.3026
LTC is currently trading above a significant long-term support level that has held for 1862 days, as evident from historical price interactions. This support has consistently resulted in a bounce for LTC whenever the price approaches it. While we anticipate another bounce, it is prudent to acknowledge the possibility of a breakdown. Fortunately, the risk...
Last week in the news Markets are slowly heating up after a Holiday break and summary of last year's results. For the majority the year 2023 was a positive one, although with a glimpse of turbulence. Gold managed to finally break the $2K psychological line, ending the year above $2.050 level. The S&P 500 also managed to reach new highs at the end of the year, in...
I'm being dramatic lol, but I just started going down the rabbit hole of what if the cycles don't just repeat like everyone says. I have been in crypto since 2013 and don't really think it's over, but I'm just playing devils advocate. I do think we hit a major resistnace and have at least a local top on our hands. If the cycle was ever to stop we have a major...