SC has formed a Bearish Head & Shoulders pattern 📉 SC Market Update
SC has formed a Bearish Head & Shoulders pattern ❌
Now, price is testing the blue support zone 🔵 along with the black support trendline 📉
The potential play:
🔹 If this support area breaks down, sellers could push price further down with strong momentum.
🔹 Watch closely — breakdown confirmation could open downside opportunities.
⚠️ Reminder: Head & Shoulders breakdowns often lead to accelerated bearish moves.
Atlcoins
DEXT Potential Inverted Head and Shoulders – Bullish Setup! 🚀 $DEXT Potential Inverted Head and Shoulders – Bullish Setup! 📈
$DEXT is potentially forming an inverted head and shoulders pattern! 🧠 This bullish pattern could signal a strong move to the upside if confirmed. 📊
Let’s catch this breakout together! 💼💸
Growth On Altcoins Is Beginning Right Now!Hello, Skyrexians!
Last week our main purpose was to catch the potential bottom for CRYPTOCAP:OTHERS.D and top for Bitcoin dominance. While the BTC.D has not still flashed the reversal signal, but altcoins did. So, we have a chance that reversal is coming, but don't be so optimistic on that, we need to see some extra confirmations anyway.
Let's take a look at the daily chart. Here we can see the 5 Elliott waves structure. Previous Elliott waves we have already looked in details in our recent analysis, today we need only wave 5. We pointed out 7-7.6% as a final target. The most likely reversal target was 7.4%, but now we are seeing good reaction from the minimal target. Yes, we have green dot signal on the Bullish/Bearish Reversal Bar Indictor . This is very strong, but let's wait at least the momentum change on the Awesome Oscillator and the opposite signal on the Bitcoin dominance.
Best regards,
Skyrexio Team
___________________________________________________________
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ETH, Next Stop => $2,750Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 ETH rejected the lower bound of the falling channel and the $2,100 - $2,250 support zone.
What’s next?
ETH remains in a correction phase, and a move toward the upper bound of the channel at $2,750 is expected.
🏹 As it retests the support zone, we will be looking for new short-term long opportunities.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
3 Emerging Crypto to watch in 2025Since you enjoyed my previous post about 3 Crypto OGs to watch this month...
Here's an interesting one about 3 Emerging Crypto to watch in 2025:
BINANCE:ARBUSDT
ARB rejected a strong a strong support and demand zone marked in red.
Waiting for a break above $0.85 structure marked in blue to activate the next bullish impulse towards the $1.5 mark.🎯
BINANCE:TIAUSDT
TIA rejected a strong a strong support and demand zone marked in red.
Waiting for a break above $5.7 structure marked in blue to activate the next bullish impulse towards the $10 mark.🎯
BINANCE:MKRUSDT
MKR rejected a strong a strong support and demand zone marked in red.
Waiting for a break above $1700 structure marked in blue to activate the next bullish impulse towards the $2500 mark.🎯
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Bullish Short-Term!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH has been overall bullish trading within the rising channel in red.
📈As long as the last low in red holds, a continuation towards the $2500 would be expected.
In parallel, if the red low is broken downward, a bearish correction towards the $3000 round number would be expected.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Telcoin [TEL] Technical Analysis Chart ideaTelcoin Breakout from falling wadge pattern, one day Chart point at target 300% long term
Telcoin Uses blockchain for transformative remittance services, reducing global wealth disparities. and its base on the Ethereum blockchain that will be distributed by your national telecom operator made available to everyone, anytime, anywhere.
ORNJ QUICK DOUBLE PROFIT (ALTCOIN 2)we are rapidly exiting the accumulation zone, which I see as wave 4 via Elliott Wase analysis. Momentum also grows as well as volume.
Follow the ATH testing, if you are not sure take part of the profit. that is 50% + from here
If and when this duplicate profit comes, I will put it in something that I hold long run
Perp Forming Head and Shoulders on Day(Bear)While I've Done Very Well with Longing Perp and have Longer Term Price Targets Above $20 I see a Correction on the Daily coming For Sure.
We have a Huge Head and Shoulders Forming With THE MACD Calling a Sell Signal During the Formation of the Right Shoulder, These are big warning Sign
Don't Let Volume Fool You This is Typical To Head and Shoulders as Sellers are Showing Up in the Right Shoulder here
ETH - Decision Zone Ahead 📍Hello TradingView Family / Fellow Traders,
ETH is currently hovering around a robust resistance zone and the upper bound of the red wedge pattern.
Weekly Chart:
📈 To maintain control and establish a long-term bullish perspective, a weekly candle close above 2300.0 is essential for the bulls.
If achieved, a movement toward the next resistance at approximately 3000.0 could be anticipated.
H4 Chart:
📉 Conversely, the bulls will remain in control unless the last low in blue at 2120.0 is broken downward.
In this case a bearish correction till the 1700.0 mark would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
ETH - Top Down Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #ETH.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
$GALA joining the party Gala with a nice rally and pushing up to 7 cents.
A minor s/r flip with resistance right above from the low made in May, at $0.065 ish which I expect to continue to act as stronger support with choppy-ness below until I see a decisive break above it.
The bullish case is that support being built as this progresses up and gets further away from our major low made in July, but these support levels will be tested again IMO.
I like GALA long-term too, but for now I will be with-holding any DCA-ing capital as I think we'll get better opportunities (not bearish), just waiting for a correction after this rally even if we go way higher.
In the meantime, could easily play a short position at resistance or wait for a break above and retest to go long - shorter term.
Goodnight Folks!
V
Shib short term view, is there any room for more up side??SHIB analysis:
SHIB is forming a triangle after the massive pump. SHIB is now reaching the decision zone of the triangle and we will see a breakout soon on either side. The resistance to keep and eye is 2980-3920 (four zeroes before this) and if SHIB break and hold this resistance then we see more dump in SHIB. If SHIB break the triangle downwards then we see more dump. The support is 2450-2520 and 2000-2050 area.
SHIB is now at 17th rank by marketcap and has a very high supply. So buying SHIB now is not a good investment. Only invest 1-2% of total portfolio in SHIB if you want to.
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