Ethereum eyeballing $5kIf BTC breaks above $70k and holds, I see no reason why ETHUSD won't have a run towards $5k or better. This would target would be an extrapolation of the previous bull flag. Not financial advice. DYOR.by ChartProphet2
$FTM Bull Case - Multiple TargetsBINANCE:FTMUSDT is looking quite bullish, with a very clean chart and well respected Fibonacci retracement levels. The support is sitting right at 61.8% of the last leg up. (Common reversal level) I think the chart is open to multiple interpretations, each with a different target: Descending Triangle : $1 Also a key psychological level and a previous resistance. Bull Pennant : $1.15 Previous resistance and close to the top from last March. Elliott Wave W3 : $1.3 or $1.62 If $0.76 is the local bottom, it would be a perfect Wave 2 end (61.8% of Wave 1). According to Elliott Wave theory, the Wave 3 target would be either $1.3 (161.8% of W1) or $1.62 (261.8% of W1). $1.3 is also a key support from 2021/2022. $1.62 is also a resistance from 2022. My strategy for this will be: Open a long position after a break above the resistance trendline, with a wide SL Take partial profits at each target Starting from $1.15, move my SL up below the previous target Not Financial AdviceLongby AliferCrypto5
BTC - short setupMost info on the chart, but: TPO nPoC HVN fib 0.618 retracement All in all good setup with clear targets on the downside. Confluence of those levels above us might be a good magnet during the weekend to get into a short on a 'scampump'. If local lows here break first or get swept first, the setup becomes invalid of course.Shortby Tealstreet4
next posibblity moveStochastic at oversold, the price is making sideways movement and we have higher low above EMA50. soon next move posibilty is upward after breakout from shortime downtrend. $75k next new high or $85k? Longby Malaysiancryptocommunity3
Double bottom hidden.Just giving a heads up to anyone looking for a bottom. It does not show up here, but on Binance dot US, we can see on all TF's that VET struck $0.03304 on may 1st and then struck $0.03300 this morning. This counts as a double bottom! I'll be back in a bit to give you an opinion on how far it will go before turning around. Longby theothermurph511Updated 3310
Buy LINK Sell FIAT... LINK about to make a big move!!!I only have the basic tradingview account But while using the free trial feature on 'coinigy' I made a discovery?!?!?! Poloniex Chainlink / USDT pair 4hr or Daily or weekly chart April 14th date What do you see? Be objective Too easy R:R 3:1 S/L 12.64 T/P $36+ EnjoyLongby aandp4life6
LINKUSDT: Trend in 4H time framePlease pay special attention to the accurate trends, channels, colored levels and red level as SL. Be careful BEST MTby MT_TUpdated 12
Potential for a shadow and subsequent increase towards 69/70KCurrently, the price is approaching the support of the upward trend. There is a liquidity zone at the $65,800 level, indicating a potential shadow and a subsequent price increase towards $69,000/$70,000. If the current support is broken, there is a likelihood of the price moving towards $64,000/$62,000. Observing these levels can provide insights into potential market movements. As long as the price remains in an upward trend, monitoring pullbacks (price retracements) could be beneficial for understanding market dynamics.by MonoCoinSignal9
CHZ/USDT potential 200%++Accumulate under $0.16 Long term and short term targets TP1: $0.25 TP2: $0.29 TP3: $0.33 TP4: $0.37 TP5: $0.42 TP6: $0.48 TP7: $0.55Longby saumysardarsinghUpdated 5
ENAUSDTVery clear head and shoulder + FVG zone price gap you have two buying zones whether it goes up or downby Rsmee1
COTI coin is setting up for upto 20% pumpHi dear friends, hope you are well and welcome to another new trade setup of COTI coin. Previously we caught almost 17% pump as below: Now on a daily time frame, COTI with BTc pair is about to complete a bullish Gartley move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.Longby moon3333
BITCOIN - TIME TO BUY?$2.5 Billion In Bitcoin Withdrawn From Centralized Exchanges – A Bullish Signal? Investor confidence in the crypto market is rising, and Bitcoin is reaping the benefits. Large-scale investors are accumulating BTC despite its recent price fluctuations. In May, Bitcoin's price failed to stay above the critical $70,000 mark, even though it briefly touched this level twice in the last two weeks. However, recent on-chain data shows growing faith in Bitcoin. Is BTC Ready for a Price Rally? Prominent crypto analyst Ali Martinez highlighted a significant outflow of Bitcoin from centralized exchanges in a recent post on the X platform. This observation is based on the CryptoQuant Exchange Reserve metric, which tracks the amount of a specific cryptocurrency held in centralized exchange wallets. An increase in this metric indicates more deposits than withdrawals of Bitcoin into exchanges, whereas a decrease implies more withdrawals than deposits. Martinez reported that over 37,000 BTC, worth approximately $2.53 billion, have been withdrawn from exchanges in the past three days. This significant outflow signals a shift in sentiment and suggests that investors are increasingly opting to hold Bitcoin in self-custodial wallets for the long term. While the exact reasons for this massive outflow are unclear, the movement of funds away from exchanges points to increased investor confidence in Bitcoin's future. This shift could lead to a supply crunch, a situation where demand exceeds supply, potentially driving up Bitcoin's price. Bitcoin Price Overview As of now, Bitcoin is priced around $67,489, showing a 1.5% decline in the past 24 hours. Despite this, the ongoing reduction of BTC on exchanges might set the stage for a bullish rally, especially if the supply crunch materializes.Longby SroshMayi8
BTCUSDT 15m SCALPING BREAKOUT BTCUSDT possible 15m scalping opportunity. The Price needs to break down and close below the up trend line and the 50EMA with a long red candle Invalid on chart with a candle close above. Good LUck Shortby Alpha_54321Updated 557
ARB update, Daily Chart Hello I want to make it simpler for those traders who are not sure about this symbol. If ARB drops down along side this red boundaries, we can see last bearish fifth wave , but if ARB wants to reverse, so it should break out green channel with strong movements. Just sit and see for now Thanksby AMA_FXUpdated 5
DYDXUSDT.1DLet's delve into the technical analysis of the DYDX/USDT daily chart: Price Action and Structure: The DYDX/USDT pair is currently exhibiting a bullish consolidation pattern, which is evident from the series of higher lows formed since the price marked a strong support level ('T'). This type of pattern usually suggests accumulation by traders, implying potential upward momentum. The green arrow projecting an upward trajectory indicates an expected bullish breakout. Technical Indicators: RSI (Relative Strength Index): The RSI is positioned at 45.77, leaning towards the lower half of the neutral zone. This suggests that there might be more room for upward movement before the asset becomes overbought. The slightly upward tilt in the RSI is promising for potential price increases. MACD (Moving Average Convergence Divergence): The MACD histogram shows minimal activity around the zero line, with the MACD line slightly below the signal line. This positioning suggests that bullish momentum is not strong yet, but it is not bearish enough to deter potential bullish setups. Support and Resistance: Support (S1): The critical support level at 1.592 must hold to maintain the bullish bias. This level appears to be a crucial pivot point for the price, and a breakdown below this could shift the bias to bearish. Resistance (R2): The next major resistance is marked at 3.246. Overcoming this level could confirm a new bullish phase for DYDX, targeting higher price levels. Projection and Strategy: Based on the chart's projection arrow and current patterns, it is anticipated that DYDX might rally towards the first resistance marked by the previous high, followed by a consolidation or slight pullback, before attempting to reach the second resistance at R2. For trading, watching for a confirmed breakout above the consolidation pattern would be key. Setting stop losses slightly below S1 could provide a good risk-reward ratio considering the distance to R2. Conclusion: The DYDX/USDT pair shows potential for a bullish continuation, especially if it breaks and holds above the consolidation zone. Traders should monitor for an increase in volume and bullish signals from the RSI and MACD to confirm the expected move. As with all trades, it's essential to consider the broader market conditions and updates specific to DYDX that could affect market sentiment.Longby MarsSignals3
LINAUSDT ACCUMULATION! ISHS IN MAKINGLINAUSDT ACCUMULATION! ISHS IN MAKING Been on accumulation since a year and now showing some bullish perspective to an extent.Longby shyamnairUpdated 4420
ZRXUSDT.1DExamining the chart of ZRX/USDT from the daily timeframe, here is my technical analysis: Price Action and Structure: The price of ZRX/USDT appears to have established a consolidation phase within a specific price range. Notably, there are recurring lows around the same level, marked as 'T' on the chart, suggesting strong support around these areas. The price has made several attempts to rally but faced resistance, depicted as 'R1' and projected future resistance 'R2'. Technical Indicators: RSI (Relative Strength Index): The RSI is currently at 53.60, which is neutral, suggesting that there is neither excessive bullish nor bearish momentum. However, it's approaching the mid-line from above which might suggest a potential strengthening in momentum if it maintains above this mid-line. MACD (Moving Average Convergence Divergence): The MACD line is slightly above the signal line but both are near zero. This indicates a minimal bullish momentum as of now. The convergence between these lines is something to watch, as further divergence or a crossover can suggest an increase in momentum in either direction. Support and Resistance: The key support level, denoted as 'S1', needs to hold to prevent any bearish reversal. It's crucial as a fall below this level could accelerate selling pressure. Resistance levels 'R1' and the anticipated 'R2' are critical for the price to overcome to confirm a bullish trend. The level marked 'R2' at 0.7702 is quite ambitious and suggests a strong bullish scenario if 'R1' is decisively broken. Projection and Strategy: The projected path drawn on the chart indicates an expectation of a rise towards 'R1', retracement, and then a potential test of 'R2'. This bullish outlook would be contingent upon the price maintaining above 'S1' and the RSI staying above the mid-line, suggesting sustained buying pressure. Conclusion: As a trader, I would look for confirmation of support holding at 'S1' along with bullish signals from both RSI and MACD before considering a long position. It would be prudent to set a stop loss just below 'S1' to mitigate risk. On the upside, breaking above 'R1' could open the way towards 'R2', presenting a significant trading opportunity. However, any trading should be approached with caution and aligned with broader market conditions and news affecting the cryptocurrency market.Longby MarsSignals4
XAIUSDT.4HBased on the technical analysis of the XAI/USDT 4-hour chart provided, here’s a detailed and professional first-person analysis in English: Upon examining the XAI/USDT 4-hour chart, several key technical indicators and levels emerge, providing insights into potential price movements. Trend and Resistance Analysis: The chart shows that XAI has experienced a significant decline from its high of 1.6370 USD but is currently in a consolidation phase with a slight upward movement. The current price is approximately 0.7934 USD. The price is attempting to break above the immediate resistance level marked as R1, around 0.8658 USD. A successful breakout above this level could lead the price to test the next significant resistance at R2, which is around 1.0747 USD. Support Levels: On the downside, the primary support level is identified as S1 at 0.5814 USD. This level has shown strong buying interest previously and could act as a floor if the price starts to decline. Below S1, the next significant support level is at 0.5814 USD, which has been a critical support zone in the past. RSI and MACD Indicators: The Relative Strength Index (RSI) is currently at 54.82, indicating a neutral position. The RSI is neither in the overbought nor oversold territory, suggesting that the market is currently undecided and waiting for a clear direction. The Moving Average Convergence Divergence (MACD) indicator shows a slight bullish trend, with the MACD line (blue) above the signal line (orange) and the histogram indicating positive momentum. This suggests that bullish momentum is currently building. Volume Analysis: The volume pattern indicates moderate trading activity, with no significant spikes during recent price movements. This suggests balanced participation from both buyers and sellers, contributing to the current consolidation phase. Conclusion: In conclusion, the XAI/USDT pair is currently in a consolidative phase with a slight bullish bias. The RSI indicates a neutral position, while the MACD suggests building bullish momentum. Traders should closely monitor the support levels at 0.5814 USD and the resistance levels at 0.8658 USD and 1.0747 USD. A break above the resistance levels would confirm a bullish trend continuation, while a failure to hold the support levels could lead to further declines. Overall, the market sentiment for XAI remains cautiously optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.by MarsSignals3
WLD COIN SUPER BULLISHWLD coin is still trading over these two ascending trend lines and is currently approaching the top line as support. I'm bullish on WLD in the long term, but it can go down to the bottom trend line if BTC goes bear. Since April 13 WLD has been trading between the 200 and 100 SMA on the daily time frame. In the short term I'm looking for a swing trade back to the 100 SMA. Not financial adviceLongby abelolivares125
$$$ORNUSDT, No reason for not opening positionWelcome, Trader. Welcome to our cryptocurrency community! 🚀We are delighted to welcome you, whether you are an experienced trader or a newcomer to cryptocurrency. We are going to discussing #ORNUSDT 💹 #ORNUSDT 🔥🚀 --------------- Update: #ORN formed a bullish triangle pattern over a 6Hr time frame ✅👉. Breakout to this pattern is already done✅🎯. We are expecting a minimum of 54% 💰 very soon Crypto Analyst Hub #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance #cryptoart #nfts#trading #forex #trader #investing #stocks #forextrader #stockmarket #daytrader #forextrading #invest #bitcoin #daytrading #cryptocurrency #crypto #investor #investment #forexsignals #nse #chartpattern #cedarforex #candlepatterns #learntrading #bseinstitute #shorttermtrade #bankniftytrading #stockmarketph #calloptions #mqlsignal #futuretrader #tradingmemes #chartpatterns #tradingview #tradinglife #tradinglifestyle #tradingstrategy #tradingtips #tradingplan #tradingsignals #tradingaccounts #tradingsignal #tradingforex #tradingsync #tradingroom #litecoin #ethereum #bitcoincash #cryptocurrencies #ripple #btc #bitcoinnews #bitcoinmining #blockchain #eth #bitcoin #bitcoins #coinbase #cryptocurrency #crypto #bitcointrading #dogecoin BTC ETH USDT PEPE DOGE ALTLongby CryptoAnalystHub4
MAGA LONGLong MAGA at line of support of the tenant. MAGA should perform well as the election loomsMLongby abelolivares12Updated 2210
FITFI NEW INCREASE VOLUMEFITFI seems to enter a new uptrend volume which has the chance to break in the coming time frames. Fitfi shows interesting trend for next high volume trend. Longby SatochiTrader2