Hi Traders! From a technical point of view, CRYPTOCAP:LTC could be very interesting for Day Traders who like to accumulate positions, in fact this is our strategy on this Crypto. Targets on daily time frames are very clear and simple: 102 (Target 1) and 130 (Target 2). The Trend on this Time frame is still bearish, and if the support around 56 area fails, a new...
Despite the fact that Bitcoin is breaking all-time highs and that some ALTcoins are already on the rise, Bitcoin dominance is actually still here and there can be space for more upside to complete a five-wave bullish impulse before Bitcoin dominance slows down and ALTcoin dominance kicks in. From Elliott wave perspective, we are tracking a bullish triangle in wave...
Hi Traders! In the long term the trend is still bearish especially on high time frames, but if we look at the intraday chart, from a technical point of view we do not exclude the formation of a bullish harmonic structure with potential Target 1 around 1.15 area and subsequently 1.40 area. Having said that, if we look at 8H chart, we see resistance area around...
Vite broke the down trend line on the 3D timeframe that was holding the price since April 2021, and is now trading above the MAS, which is bullish. The upside potential is high in this setup, but I will be even more bullish when the price manages to break out the resistance at 0.038 and use it as support.
Billion dollar market cap is programmed. Sine Lines showing possible top April 2025 matchs with length of Chainlink and Bitcoin cycle tops. Fib date July-Sept 2024 could be the start final wave up to to April 2024. Billion dollar market cap sits on the high end Fib levels so within the range of what is possible.
XRP right now is following history pretty closely. As you can see from the main chart, XRP is potentially mirroring the same fractal formed back from 2013-2017. If history repeats, there will be a massive breakout for XRP. There is quite a bit of evidence to support this. First of all, the multi-year symmetrical triangle that has formed just like in 2012. It's...
Hi Traders! From our point of view #SAND still remains very interesting for Investors and Day Traders . If we look at the 6H chart, we see that there is still room for appreciation in the short and medium term. From a technical point of view, the trend is still bullish on the daily chart and the next targets are around 0.9628 area and 1.40 area. That said, if...
- Simple as usual, everything in graph. - BTC Halving is around April 19-2024. - And of course it will be the main influencer for others altcoins. - Without TheKing Cryptos are nothing. - Cryptos Markets in 2021 : - 1.5T to 1.7T - Forecast of Cryptos Markets in 2025 : - 4.8T to 5.5T - Charge your bag and don't miss the train. - Play always what you don't need...
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...
BTCUSDT price is in an uptrend. At the new resistance zone 69087-69579 if the price cannot break through. It is expected that there is a chance that in the short term the price will go down. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
BTCUSD hit projected target area for wave III and it's now turning down after the BTC spot ETF approval, ideally within a higher degree wave IV correction before the uptrend for wave V resumes. Looking at the 4-hour chart, we are tracking a three-wave A-B-C corrective setback that can retest 40k-38k support area, so after wave B recovery, watch out for more...
The DeFi Index is a capitalization-weighted index that tracks the performance of some of the largest protocols in the decentralized finance (DeFi) space. DeFi Index is trading an in impulsive recovery away from the lows, which is from Elliott wave perspective ideally unfolding a five-wave bullish cycle. After recent corrective slow down, which we see it as a wave...
OMG Network with ticker OMGUSD nicely stabilized and the end of 2023, clearly within a five-wave bullish cycle that belongs to first leg (A)/(1) of a minimum three-wave (A)/(1) - (B)/(2) - (C)/(3) recovery. Since the start of the 2024, we have seen slow, choppy and overlapped decline, which clearly looks like a correction, ideally W-X-Y complex one in wave...
Cardano with ticker ADAUSD can be trading in a higher degree wave (5) that can retest the December 2023 highs. Looking at the short-term hourly chart, we see it slowing down for subwave iv correction before a continuation higher for wave v of (5) towards 0.70 - 1.00 target area. Ideal support comes here around base channel resistance line and 0.58 - 0.56 area.
Bitcoin Cash with ticker BCHUSD made a strong recovery back in July of 2023 which might be wave (III) because a slow down from $330 is overlapping, thus it can be a correction, so ideally that's a wave (IV) retracement, meaning that uptrend for wave (V) can still show up on a daily chart with space up to 400-500 area. We are actually tracking a bullish triangle...
Good morning Crypto traders! Crypto market slowed down yesterday with an interesting spike down into important support area for a higher degree wave 4, from where we can see a quick stabilization. Well, we believe that more upside is coming for wave 5 of (3), just be aware of more complex wave 4 here if the market stay slow and sideways for a longer period of time.