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ATOM Cosmos and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ATOM Cosmos, for which my price target is $11.15. Looking forward to read your opinion about it!
Long
by TopgOptions
MATIC Polygon and the Altcoin Season ThesisIf you haven`t sold MATIC here: Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including MATIC Polygon, for which my price target is $0.95. Looking forward to read your opinion about it!
MLong
by TopgOptions
ADA Cardano and the Altcoin Season ThesisIf you haven`t sold ADA here: Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ADA Cardano, for which my price target is $0.45. Looking forward to read your opinion about it!
Long
by TopgOptions
SPY Candle Close Today Confirms Blowoff Top Underway!Traders, There is now an amalgamation of indicators on a plethora of charts confirming the thesis that our blowoff top is now underway. On this chart, you can see that our candle close today confirms the breakout and significant move upwards. At the same time, our dollar has broken a very significant support, the neckline of a large and ominous head and shoulders pattern (see link in related ideas). And finally, to be short, our VIX remains at 2-year lows. These three signals are huge and in agreement. The Blowoff top looks to be underway. Stay tuned if you'd like to know when we reach our targets. Best, Stew
AMEX:SPYLong
by stewdamus
OCEAN Protocol Trend ContinuationOCEAN Protocol currently exhibits the potential for a trend continuation of its bullish momentum, suggesting the possibility of further upward movement in the near term. The price action indicates ongoing buying pressure and positive market sentiment, indicating a potential continuation of the upward trend. Considering the potential trend continuation, a price target of $0.38 could be set for Ocean Protocol. This target represents the projected upside that could be achieved if the bullish trend persists. Looking forward to read your opinion about it.
OLong
by TopgOptions
3 Key Entry Rules to Boost Your Trading PerformanceToday I want to share with you this topic: the 3 Entry Rules to Boost Your Trading Performance. Over the 20,000 traders that we have coached over the time via conferences and talks we’ve done all over the world, we have found one of the challenges that traders have is that they find themselves locked into a trade and then being stopped out when they enter into trade. So their entries are not really optimized or they are not getting the right timing for their entries. Sometimes they come during a coaching session; they say ‘Thiru, I need some help with my entry.’ So this topic, the 3 Entry Rules, can actually help you optimize your entry and overall improve your strategy performance. This is what we’re going to be looking at today in this video. The first one is what we call “ Time Frame Correlation ,” the short form abbreviation TFC. In TFC one thing you do have to remember when you’re correlating the different time frames is that you’ve got to remember three times. Some of you may be wondering ‘What do you mean by three times?’ What I mean is that for example if you are an intra-day trader trading on a shorter time frame, like a one hour time frame, then you need to be looking at three time frames at least altogether, so the one hour and each of the time frames has to be three times the one that you are trading on, three times or four times. Now let me explain by way of an example: If you are trading on a one hour time frame, then we are looking at maybe three to four hours (1 x 4 = 4 hours) and then after that, you want four times that, approximately that is a daily time frame, 16 hours is a daily time frame. What we’re looking at is to correlate the times frames before we take the trade. We are usually looking at three time frames and each time frame is three times each other. For example, if you are an end of day trader and you want to enter your position onto a four hour time frame then you can start to look at daily time frame and then three to four times that would be a weekly time frame as well that you’re looking at. Let me explain why this is important. For example, imagine this – you would have probably experienced this – in a one hour time frame it looks like it’s going down and you are thinking it is looking like a very good short sell as the direction is going further down. You put your entry over here and let’s say you put your stop loss over here and you’re good to go. Let’s say your target is somewhere around there. In the next hour the trade then triggers you in and starts to go towards your target, everything is well and rosy. You are happy, you’re in profit and you are thinking ‘it is only a matter of time before I reach my target.’ Then what happens? You know the usual thing, you would have experienced it if you have traded or if you are trading at the moment as well, it will start to reverse and where your stop loss is – let’s say other traders have their stop loss here as well – suddenly the market reverses and shoots up and takes up all the stops. I’m sure you have experienced this. Now why does that happen? It is because, if you imagine this is the one hour time frame, if you didn’t correlate between the other time frames – the four hour and the daily time frame – and let’s say the four hour and the daily time frame are in an up-trend, if that is the case, then what happens is that the orders that are inside the daily time frame are being filled by the brokers and therefore the market is reversing to fill them up on a higher time frame. This is what is happening and this is why sometimes you get these sharp reversal moves in the market. It is very critical that you correlate the time frames before you start to take your position on the one hour time frame. In fact, in the last live trading we did where we were teaching a strategy that we called “stops to cash,” what we usually do is we take contrarian move on a one hour time frame where it looks like a perfect short, where beginners and even intermediates are getting into short position, but we are looking at a contrarian position in terms of the one hour time frame but when you align it to the higher time frames, it’s just in line with the trend. That’s all we’re doing here. What we’re saying is when everybody’s stops are being taken out, we are actually converting it to cash according to this time frame correlation. I believe that concept is well clear and nice now. Definitely do consider putting that into your entry rules. The second entry rule we’re looking at is “ Indicators .” This is quite a critical one that you can put into your entry rules also to optimize your strategy performance. In terms of indicators, the usual common ones that we are looking at are Stochastic, RSI and for example CCI as well. These are familiar names, you have all heard of them. There are thousands of indicators, but the important thing is don’t just pick an indicator and just slam it onto the screen, but ask yourself what are you looking to achieve, what is the objective of your strategy? Then pick and choose your tools. For example, let’s say you’re driving your car and it starts to break down, you can’t just choose any old hammer or spanner. You have to analyze the problem first before choosing the tool that you want to use to repair the mistake or the fault on the car. It is the same thing here, as we are looking to optimize our strategy, we have to ask ourselves what is going to be the most efficient indicator to help me optimize my strategy performance and towards what objective? That is how you actually choose the indicator that you want to have on the screen in your strategy. The last one we are looking at is “ Price Action .” Price Action is very critical because most of our strategies use price action. It is the fastest of them all. Some things the price won’t be able to tell you and that’s when we use indicators because it involves a lot of calculations. With price actions you notice some really powerful bar patterns that give you an edge in the market and then using all these three factors together that can give you a very strong edge against all the other 99% traders. For example, price action patterns can start to look like the low test bar starts to come up over here and it’s starting to show a reversal pattern. Or even things on a daily time frame where we are looking at something like a down trend and it is starting to reverse – all those critical price action patterns that can give you and edge. So these three rules that’s I’ve just gone through with you right now can be so important to improving your whole strategy and your trading performance. On a final note, what I want you to remember is that just using them by themselves is not enough as Traders. But using them in a cumulative manner strengthens your edge so strongly in the market and also optimizes and maximizes your trading performance for consistent profits. I believe this has been very useful for you all and as we always say, til the next time stay disciplined, follow your trading plan and keep Trading like a Maste r.
Education
by masterthemarkets2010
Key Interpretation Methods of CCI IndicatorsHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- The CCI indicator, which is included in the 'Strength' indicator, now displays only the oversold or overbought zones. Accordingly, it seems that there will be difficulties in understanding the indicators, so we took the time to give reinforcement explanations. The CCI setting I use is 150. Accordingly, it is utilized to see the flow of the mid-term and above. The basic source value of CCI is (high + low + close) / 3. Accordingly, we added the 150 SMA line and the CCI indicator as a secondary indicator. If it rises a lot from the 150 SMA line, the CCI value rises above +100. When it rises above +100, it is interpreted as entering the overbought zone. Entering the overbought zone like this means that there is a possibility that it will exit the overbought zone in the near future. However, while it is in the overbought zone, it also means that the force to rise is just as strong. Accordingly, it is the basis for conducting transactions by identifying support and resistance points or sections. Conversely, if the price drops a lot from the 150 SMA line, the CCI value will fall below -100. Similarly at this time, when the CCI breaks out of the oversold zone, it enters the sideways zone, providing a basis for trading. When the CCI is between -100 and +100, prices move sideways. It is not easy to analyze with only the CCI indicator when it is in the sideways section with the CCI indicator. Therefore, with the CCI indicator, it is recommended to find the basis for trading when entering and exiting the overbought section (CCI +100) and oversold section (CCI -100). Since you can check the overbought and oversold sections of the Bollinger bands and CCI shown in this price chart, I think it is a good idea to use it together with the Bollinger bands. It is quite difficult to create a trading strategy based solely on indicators like these. Therefore, it is important to create a trading strategy by making sure to set support and resistance points on the price chart and see if the indicators are supported or resisted at those support and resistance points or intervals. The setting value of Bollinger Bands used in this chart is 60. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
Education
by readCrypto
VET VeChain Falling Wedge Pattern Vechain (VET) currently finds itself at the end of a falling wedge pattern, which could potentially indicate a bullish reversal in the near future. This technical pattern suggests that selling pressure has been gradually decreasing, while buyers may start to regain control. Considering this chart pattern, there is a possibility of a technical rebound for Vechain, with a potential target price of $0.022. Looking forward to read your opinion about it!
Long
by TopgOptions
ASTRA Protocol Major Announcement in the next 24hASTRA Protocol on Twitter: "Astra’s Big announcement is dropping in less than 24 hours, marking a grand achievement for us all! Stay tuned, and let the countdown begin! Join us to be a part of the next revolution in Web3!" The Market Cap of ASTRA is only $2Mil. Team seems legit, Phil Hogan, the former European Commissioner for Trade, is Executive Advisor at ASTRA. Hard to believe it will be a buy the rumor sell the news event! What to sell if the market cap is only $2Mil?!
Long
by BuySellMarketMaker
1
BASIC INDICATOR GUIDE & MARKET PHASESBasic Indicator Guide for Trading. Like & share it with others!! ✅Moving Averages: Moving averages calculate the average price over a specific period to smooth out price fluctuations and identify trends. ✅Parabolic SAR: The Parabolic SAR places dots above or below the price to indicate potential trend reversals, helping traders identify when to enter or exit positions. ✅RSI Indicator: The Relative Strength Index (RSI) measures the speed and change of price movements. It ranges from 0 to 100, with values above 70 indicating overbought conditions and values below 30 indicating oversold conditions. ✅MACD Indicator: The Moving Average Convergence Divergence (MACD) consists of two lines and a histogram. It helps identify trend changes and momentum shifts by analyzing the relationship between two moving averages. ✅ATR: The Average True Range (ATR) measures market volatility by calculating the average range between high and low prices. It helps determine stop-loss levels and position sizing based on current volatility. ✅Bollinger Bands: Bollinger Bands consist of a middle band (usually a moving average) and two outer bands representing price standard deviation. They indicate volatility, with wider bands suggesting higher volatility and narrower bands indicating lower volatility. They also help identify potential price reversals. Which is your favourite indicator? Comment below👇🏻
NSE:NIFTY
by Jagadheesh_JP