CHILLGUY/USDT BACK TREND TO $0,27?This coin has had a huge breakdown since the start of the coin launch, are we going to see a recovery for this coin that can have a comeback?
This is exactly what we are going to follow.
If this coin is able to have the recovery in the coming time, then it would be an interesting change of data.
If there is an increase coming.. then this could be the confirmed bottom.
Cryptocurrency
TradeCityPro | DOTUSDT Weekly Range Boxes of Altcoins👋 Welcome to the TradeCityPro channel!
Let’s analyze DOT, one of the popular cryptocurrencies, and identify its potential entry points.
🌐 Overview Bitcoin
Before diving into the DOT analysis, let's check Bitcoin on the one-hour timeframe. Due to today's NFP news, Bitcoin has experienced volatility and once again got rejected from the critical $100,000 psychological resistance.
This rejection has led to selling pressure, pushing Bitcoin back toward the 96,445 support, which now has a higher probability of breaking due to this rejection. Additionally, Bitcoin dominance remains within the defined range, showing a slight upward bias.
If we see a correction, altcoins are likely to experience further declines, and I don't expect any major movements until the end of the week.
🕵️♂️ Previous Analysis
In our previous DOT analysis, we expected a decline after breaking $6.554, leading to a test of the daily range high. However, recent market conditions caused DOT to wick down as low as $3.743, which is its strongest support level.
📊 Weekly Timeframe
DOT remains inside its weekly range, and despite its 170% range, it is still considered ranging rather than trending.
I've previously discussed "money traps", and this applies here too. You can buy at $3.719, but without momentum, your capital could remain stuck in this asset for a long time. Who knows—could DOT be the next LUNA?
Considering these factors, I prefer either a strong reaction at $3.719 or a breakout above $10.309 before entering a position. I’d rather focus on coins that confirm a breakout before entering**, like Jasmy, which recently provided a 400% gain.
For exiting, if $3.719 support breaks, it's better to accept the loss and exit. Later, if a buy signal reappears, you can re-enter using the same USDT amount, instead of holding and losing more DOT.
📈 Daily Timeframe
On the daily timeframe, DOT faced a strong rejection at $10.725, forming consecutive lower highs and lower lows. However, recent selling pressure appears to be weakening, and we are currently sitting on the $4.626 support.
Additionally, a trendline is forming, and if DOT rejects from it in the future, this would indicate continued bearish momentum, providing an opportunity to keep short positions open from higher levels.
I personally believe DOT may enter a range for some time, allowing traders who made emotional decisions due to FOMO and market volatility to reassess. For now, I expect the $3.719 support to hold.
That doesn’t mean we should buy immediately. Our strategy is clear , buy after a breakout above $10.725 , Wait for an accumulation range to form or Look for a sharp upward move, retest a key trigger level, and confirm a breakout before entering.
ETHUSD: Replicating Bitcoin's past Cycle to $14,000?Ethereum is almost oversold on 1D and straight bearish on its 1W technical outlook (RSI = 41.942, MACD = 3.920, ADX = 30.130) struggling to find bullish momentum and get detached from the consolidation it's been inside since March 2024. The whole Cycle however is technically much like Bitcoin's 2018-2021 Cycle. As the 1W MA200-1M MA50 zone supported Bitcoin on the Cycle bottom and later during the COVID crash, it is doing so on Ethereum for the past 2 years and most recently this week. If it holds, we may see a massive rally starting to the 1.618 Fibonacci extension (TP = 14,000).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
FTT ANALYSIS📊 #FTT Analysis
✅There is a formation of Falling Wedge Pattern on daily chart with a breakout and currently trading around its major support area🧐
Pattern signals potential bullish movement incoming after a successful retest
👀Current Price: $1.946
🚀 Target Price: $3.050
⚡️What to do ?
👀Keep an eye on #FTT price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#FTT #Cryptocurrency #TechnicalAnalysis #DYOR
BTCUSD: Is it about to explode while the Dollar tanks?Bitcoin remains bullish on its 1W technical outlook (RSI = 62.733, MACD = 8478.500, ADX = 61.463) but neutral on 1D, which suggests that it is a buy opportunity long term. What can really help the price explode from this point onwards though, is a strong drop on the DXY, which has already shown signs of peaking. Based on the last 2 Cycles, it is out of the Accumulation Phase and is has completed the fake-out, which traps investors into thinking that higher prices are coming. This is where a bearish reversal has taken place in the past, lasting 399 days until its bottom, which is where BTC tops. Get ready for a full 2025 Bitcoin rally.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
AVALANCHE at Critical Support: Rebound Toward 33.00?COINBASE:AVAXUSD has reached a significant support level, marked by prior price reactions and strong buying activity. This level has historically acted as a key demand zone, suggesting the potential for a bullish reversal if buyers step in.
The current market structure indicates that if the price confirms a rejection within this zone, an upward move toward the 33.00 level is likely, aligning with a logical retracement within the current market structure.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles or strong rejection wicks, to validate potential long entries.
SOLUSD Triple bottom initiates new rally to $380.Solana (SOLUSD) has been trading within a Channel Up pattern since the July 29 2024 High. The recent February 03 2025 Low isn't just a Higher Low on the Channel Up but also a Triple Bottom on the Support Zone and a Double Bottom on the 1D MA200 (orange trend-line).
Needless to say, this shows that technically this is a level of high demand, thus long-term Support and within the next 30 days maximum, it should initiate the new Bullish Leg of the pattern, similar to the September 06 2024 Low. Even the 1D RSI sequences between those fractals are identical.
Since the previous Bullish Leg rose be +119.43%, we see no reason to do otherwise now, hence our new long-term Target is set a $380.00.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XRP's Rollercoaster: Institutional Moves and Market DynamicsThroughout the first part of February, XRP holders have experienced significant consolidation, prompting many retail traders to exit their positions. There are several potential reasons for this consolidation:
Institutional Influence: Large institutional players, often referred to as "whales," may have influenced the market to push retail traders out, allowing them to acquire XRP at lower prices. This strategy isn't new; historically, similar tactics have been seen with fiat currencies and even physical silver.
Let's not forget, the maximum supply of XRP is capped at 100 billion tokens. Ripple Labs, the company behind XRP, created this total supply in 2012. Currently, about 55 billion XRP are in circulation, with the remaining tokens held in escrow by Ripple Labs, set to be fully released by April 2027. Recently, Ripple Labs established a connection to the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system, which has approximately 11,000 financial institutions connected to it. If we hypothetically distributed all XRP tokens evenly among these institutions, each would hold around 9 million XRP tokens. However, distribution isn't likely to be even, especially considering the immense combined assets of major institutions like JPMorgan Chase, Bank of America, BNY Mellon, HSBC, and BNP Paribas, which total $63 trillion. If these five institutions alone were to own all XRP, each XRP would theoretically be valued at $630.
The global foreign exchange (FOREX) market has an annual trading volume of approximately $2.73 quadrillion. This staggering amount highlights the potential for XRP to facilitate vast transactions and perhaps even surpass Bitcoin in value. While Bitcoin relies heavily on investor sentiment, XRP has the infrastructure to support potentially quadrillions of dollars in transactions annually.
Ripple's Stablecoins vs. USDC: Ripple has introduced several stablecoins, such as RLUSD, RLGBP, RLEUR, and RLJPY, designed to enhance the utility and liquidity of XRP. These stablecoins are pegged to major currencies and are fully regulated, backed by banks, and custodied by U.S. financial institutions. By integrating these stablecoins into the XRP ecosystem, Ripple aims to bridge traditional financial institutions with decentralized finance (DeFi) ecosystems. This dual compatibility enhances Ripple's Automated Market Makers (AMMs) and token issuance functionalities, creating a robust infrastructure for pricing Real-World Assets (RWAs) and Forex trades in USD. Additionally, Ripple's stablecoins incentivize XRP liquidity through USD-XRP trading pairs, potentially capturing yield opportunities currently monopolized by centralized exchanges.
Governments around the world have expressed concerns about transactional transparency, particularly with stablecoins like USDT (Tether). Due to its lack of transparency and regulatory compliance, USDT has faced scrutiny and restrictions. In contrast, USDC (USD Coin) emphasizes regulatory compliance and transparency through regular audits, making it a more trusted and widely accepted stablecoin. Ripple's stablecoins, with their focus on transparency and compliance, are positioned to gain favor over USDT in global markets.
Global Uncertainty: Governments and global corporations have also played a role in the recent consolidation, particularly due to uncertainties about the impact of tariffs implemented by President Trump on the global economy. Additionally, many are anxiously awaiting the outcome of the SEC lawsuit against Ripple Labs and the U.S. government's decisions regarding a potential crypto reserve and the direction of new SEC leadership and the newly appointed Crypto Czar.
What can we expect next? Regular chart analysis suggests a short-term pullback to $1.47 by late February, which could present an excellent buying opportunity. By mid-March, we might see XRP rise to $3.84, yielding a 65% gain from today, February 7, 2025.
The future of XRP is still uncertain. Will whales push XRP to rock bottom again to shake out small retail traders? Or will we see a breakthrough with the SEC lawsuit being dismissed or settled, propelling XRP beyond $3.84 towards potentially hundreds of dollars per token? The next quarter will be critical, and it promises to be an interesting time for XRP holders.
TradeCityPro | SHIBUSDT $1 Target ?👋 Welcome to the TradeCityPro channel!
Let’s analyze Shiba, one of the most famous meme (shitcoins) in cryptocurrency, which has changed many lives for better or worse to see if it can reach $1.
🌐 Overview Bitcoin
Before analyzing today’s altcoin, let’s take a look at Bitcoin on the one-hour timeframe. It is breaking the 96,330 support, and if our RSI enters the oversold zone, we might see a move down to the 92,701 support.
Along with this, one of the scenarios I mentioned last night is playing out—Bitcoin dominance is increasing as Bitcoin drops. Even though I personally feel this dominance increase is fake, it will still lead to further declines in altcoins.
📈 What is Market Cap?
Before starting the analysis, I want to clarify the concept of market capitalization. Market cap refers to the total value of a cryptocurrency in the market and is calculated using the formula:
Circulating supply × current price
For example, if a cryptocurrency has 100 million coins in circulation and each coin is worth $5, its market cap would be $500 million.
Market cap determines a project’s dominance and size, helps compare cryptocurrencies, and serves as a measure of risk and growth potential. High market cap projects have lower risk but grow slower, while low market cap projects carry more risk but have higher growth potential.
Why am I explaining this? So that you understand how to verify if someone claims that Shiba will reach $1. Look at its token supply and market cap. A simple calculation shows that for SHIB to reach $1, its market cap would need to be $589 trillion while the total market cap of gold is only $19 trillion! Don’t fall for misleading advertisements, stay informed!
📊 Weekly Timeframe
Like most crypto coins, SHIB spent a long time inside its weekly range, with the upper limit at 0.00001171. After spending 620 days inside this range, it finally broke out with higher lows and momentum, starting an uptrend.
After this rare bullish move, SHIB hit 0.00003279, rejected from it, and retraced to the 0.00001296 support. It then moved back up but got rejected from the same resistance, reinforcing its importance and forming an equal high, which can be seen as a double-top pattern.
This double-top pattern, which is well-known and widely used, is typically a bearish signal indicating a trend reversal. However, we cannot officially call it a double-top until the 0.00001296 support is broken. That’s why I haven’t drawn it yet.
If 0.00001296 breaks, the double-top target will be its risk-to-reward ratio of 1, meaning we could see a move down to 0.0000067.
For buying, I will never buy SHIB, no matter how much profit it makes. If I want to speculate on shitcoins, I’ll go for ones with lower market caps. And remember, if a shitcoin is meant to make you rich, it will do so even with just $10, so you don’t need a large investment :))
For selling, I suggest exiting below 0.00001296, at least temporarily. Later, if the trend turns bullish, you can buy back the same amount of USDT, potentially avoiding further downside.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
SHOCKING chart for Decentraland to drop the VR coin to 0.1057Another shocking pattern has formed for another VR Ethereum Blockchain crypto coin.
Decentraland is a blockchain-powered virtual reality platform where users can create, experience, and monetize content, applications, and virtual land.
It is built on the Ethereum blockchain, making use of smart contracts to secure ownership of digital real estate and assets.
If you saw my bearish outlook for Ethereum in 2025, we can understand why this is linked.
Not only has Virtual Reality taken a step back from the world as either the world is not ready for such tech or that the headsets are still bladdy heavy, doesn't last long and makes you feel like you're wearing weights on but - we are seeing the signs that VR is not the future YET.
Anywho, going back to the technical analysis.
Price<20 and 200MA
Inv Cup and Handle
Target 0.1057
What can save this VR coin?
107.60KMorning folks,
So, BTC has shown the pullback that we've discussed, but it was even stronger. Thus, we had have to postpone our plans for short entry. Besides, now situation stands so that our weekly pattern (DRPO "Sell") might not be confirmed this week.
To keep it simple - no new shorts by far. For now we focus only on intraday setups. For example, on 4H chart. If we could to use 8H or 10H chart instead, then we could see nice big bullish engulfing pattern. As usual it has AB=CD upside target, which is around 107.5K for now.
"C" point lows seems to be a vital area for this setup, just because this is 5/8 support and breakout of 95K level will change everything here. So, decision on entry has to be made fast, while price is not too far from vital area.
BITCOIN Pure 2-month symmetry targets $102.5k and $108k.Bitcoin (BTCUSD) has been practically consolidating for more than 2 months (since November 22 2024) within a Rectangle pattern and what's more striking is the amazing symmetry it has been displaying.
Right now the price has broken above a Lower Highs trend-line following the February 03 2025 Low near the Rectangle's Bottom and every time it has done so within this pattern, a rally towards the Higher Highs trend-line started.
It is interesting to mention that so far the range from the first High to the last High of this trend-line has been 101 4H candles (roughly 25 days). Since on the new (blue) phase that started on the February 03 High, we had our first, we can expect it to conclude near the top of the Rectangle by February 26.
This technical symmetry can help us set our next short-term Targets. Target 1 is at $102500, just below Symmetrical Resistance Zone 1 and Target 2 is at $108000, just below Symmetrical Resistance Zone 2 (top of the Rectangle as mentioned). Needless to say, the current 4H RSI pattern resembles the bullish break-outs above both of the previous first Lower Highs fractals.
Do you think this symmetry will play out in the same way once again? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Phemex Analysis #56: How to Trade BTC Like a ProBitcoin, the king of cryptocurrencies, has long been a focal point for traders and investors alike. As we enter February 2025, Bitcoin is navigating complex market conditions—facing both optimism and challenges. With its price hovering around $98,000 after a significant recovery from recent dips, traders are now speculating on what’s next for this leading digital asset.
Let’s explore four possible scenarios that could shape Bitcoin’s future in the coming weeks and how you can trade them like a pro.
Scenario 1: Base-Building Small Drop
Imagine this: Bitcoin experiences a small correction to the $90,000 area but instead of plummeting further, it begins building a strong base at this level. This scenario would be confirmed if the drop occurs with higher RSI (Relative Strength Index) values and lower trading volume compared to previous declines—such as the drop on February 3rd.
In such cases, traders should watch for signs of accumulation near $90,000 as it could signal renewed buying interest before another potential rally.
Pro Tips:
• Monitor volume and RSI closely; if they align with base-building conditions (higher RSI & lower volume), consider entering long positions gradually.
• Set stop-losses below key support levels to manage risk effectively.
Scenario 2: Bearish Sharp Drop
Now picture this: Bitcoin fails to hold its crucial support level at $90,000 and drops sharply below it. If this happens with high trading volume and lower RSI compared to previous drops (like February 3rd), it could indicate further bearish momentum. In such cases, traders might need to prepare for deeper declines toward key support zones at $67,000 or even as low as $58,000.
Pro Tips:
• Stay cautious initially; avoid entering trades until there’s clear confirmation of direction.
• Consider shorting once price breaks below $89,000 with higher volume & lower RSI than previous drops.
Scenario 3: Consolidation
Another possibility is that Bitcoin enters a consolidation phase—bouncing between key levels of $110,000 (resistance) and $90,000 (support). During such periods of reduced volatility:
Traders can deploy grid trading bots:
• Set up long grid bots near the lower boundary ($90k) when prices rebound from support.
• Set up short grid bots near the upper boundary ($110k) when prices approach resistance.
• Remember to set stop-losses in case price breaks out above resistance or falls below support levels—it’s crucial for managing risk during consolidation phases.
Scenario 4: Bullish Breakout
Lastly—and perhaps least likely given current market conditions—is another bullish breakout scenario. Despite showing some divergence in its one-day Relative Strength Index (RSI), where price increases are accompanied by decreasing RSI values, anything can happen in crypto markets. A massive positive news event related to U.S. policy changes or advancements in AI technology could suddenly shift sentiment towards optimism again:
Traders should remain vigilant:
• Keep an eye on news cycles closely; unexpected announcements can trigger rapid rallies.
• Be prepared for sudden shifts but maintain caution due to current technical indicators suggesting less likelihood of immediate breakouts.
Conclusion
Trading Bitcoin requires staying informed about macroeconomic trends—such as tariff concerns affecting global markets—and adapting strategies based on evolving market conditions. Whether you’re navigating sharp drops like Scenario 2 or capitalizing on consolidations like Scenario 3—or even preparing for less likely scenarios like Scenario 4—the key is discipline combined with flexibility.
As you trade BTC like a pro:
• Stay alert for geopolitical developments that might impact cryptocurrency markets.
• Manage your risks wisely by setting appropriate stop-losses across all scenarios.
• Adapt your strategy based on changing market dynamics—it’s essential in today’s fast-paced crypto world!
So gear up and navigate these complex waters confidently!
Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
TradeCityPro | JASMYUSDT ATH in Market Cap👋 Welcome to the TradeCityPro channel!
Let’s analyze one of Japan’s blockchain projects that allows users to control their data and earn income from IoT.
🌐 Overview Bitcoin
Before starting the analysis, as always, let’s take a look at Bitcoin on the one-hour timeframe. It has practically gone to form a structure for itself, and we cannot trust the highs and lows it has created. Personally, I will stay away from futures for a while and focus on other tasks like checking DeFi projects and financial-related activities.
Bitcoin dominance is currently fluctuating between a box of 61.05% to 61.87%. If it breaks above, the market's altcoins will drop further, and if it breaks below, Bitcoin itself will decline—but that seems unlikely.
On the other hand, if Bitcoin dominance breaks above this range and the market remains bullish, Bitcoin itself will move more strongly. If the market remains bullish and Bitcoin dominance breaks below 61.05, more money will flow into altcoins, helping them recover and potentially start a new structure.
📊 Weekly Timeframe
On the weekly timeframe, JASMY is one of the coins performing significantly better than other altcoins, trading at higher levels and not even on a major support despite the recent market correction.
I’ve often talked about dormant money and buying after momentum entry in spot trading. If you look closely, for 500 days, we were inside a box between 0.00308 and 0.00715—similar to most altcoins. However, the key point is that the last rejection from the top of the range didn’t return to the bottom; instead, we registered a higher low compared to the range’s bottom. This increases the probability of breaking above the range.
After breaking the range, we took a buy position with a stop-loss at the higher low (0.00494) and achieved around 600% profit up to the formed high. I personally do not intend to exit yet and will stay in the trade as long as we are above 0.01672.
For re-entry, either we need to see a good reaction to the 0.01672 support, wait for a breakout of 0.03878, or wait for consolidation and a better structure on lower timeframes. I personally prefer not to buy when the market is in a range without momentum.
If we draw a Fibonacci retracement from the previous low to the current high, the 0.01672 level (which is the 0.382 Fibonacci level) is a very important zone. If we bounce from this area and break the 0.03878 resistance (I consider any movement above this level before a confirmation as a fake-out), we can expect a strong uptrend, targeting 0.06413, 0.09197, and 0.14558.
📈 Daily Timeframe
On the daily timeframe, we are still above our main support at 0.01636. This support is so important that if we intend to start another primary trend, we should not drop below it; otherwise, our mid-wave cycle (MWC) will become bearish.
I also wanted to mention the difference between market cap and price. Right now, in 2025, even though the price is lower than its previous ATH of 0.05940, more money is in this coin, meaning it has a higher market cap.
A new all-time high has been formed in its market cap. Why? Because inflation and more token distribution have resulted in a higher market cap despite a lower price, meaning the token has lost value.
We also have a very strong trendline on this timeframe. The last rejection from this trendline has made it even more significant. After its breakout, we can enter a risky buy without a trigger, or wait for the breakout of 0.03979, which is a very strong trigger for momentum and spot buying.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ALTCOINS testing the 1W MA200. Is the Altseason alive?The Crypto Total Market Cap excluding the top 10 coins hit this week the 1W MA200 for the first time since the week of the U.S. elections in early November. Last time that was a huge buy entry. One more rebound here will be in our perspective the decisive one to start the usual Altseason of the last year of each Cycle. A +931.44% rise as in the last Cycle would put the market over 2 Trillion in capitalization and won't even be on the top of the 7 year Channel Up.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
BITCOIN You can't get a more bullish symmetry than this.Bitcoin (BTCUSD) marginally breached its 1D MA100 (green trend-line) two days ago and immediately rebounded in a mirror price action like last year's bounce of January 23 2024. We analyzed this on our previous publication but what we bring you today is the amazing RSI based symmetry of the two fractals.
The dominant long-term pattern remains a Channel Up and this is what will most likely guide BTC to the finish line and the Top of this Cycle. This pattern displays two (blue) Accumulation Channels, which is the formation we're currently at.
In fact Bitcoin has most likely started the process of breaking above this Channel as the January 23 2024 1D MA100 bounce was the starting point of the Bullish Leg (green) that made a Higher High at the top of the long-term Channel Up.
As mentioned, what's incredibly interesting is the 1D RSI symmetry between the two Accumulation Channels. As you can see on the current Accumulation Channel, the time between the 2nd RSI Lower High (blue circle) and 3rd (yellow circle) was 25 days and between the 3rd and 4th (red circle) was 32 days. The respective ranges on the previous Accumulation Channel were 25 and 34 days, which showcase a striking degree of symmetry.
The Bullish Leg peaked on the 2.618 Fibonacci extension from the last High (red circle) and as a result, we can expect the new rally to follow an equally symmetric/ proportional rise and target the new 2.618 Fib at $145000.
Can this be the case by March/ April 2025 or is it to soon? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
LDO ANALYSIS🔮 #LDO Analysis 🚀🚀
💲💲 #LDO is trading in a Descending Broadening Wedge Pattern. And the price pullback from descending trendline.
Also #LDO is trading in a consolidation zone. We will see a retest first then a bullish momentum can be expected.
💸Current Price -- $1.691
📈Target Price -- $2.450
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#LDO #Cryptocurrency #DYOR
SUIUSD starting rally for a $12 Cycle Top.Sui / SUIUSD is reversing this week into green territory and if the 1week candle closes in gains, it will be a strong bullish signal as it would have rebounded just over the 1week MA50.
The pattern is a Channel Up for this Cycle, pushing the price slowly but steadily upwards.
Like the April 8th 2024 pull back, this week's correction almost touched the 0.5 Fibonacci retracement level, posting a symmetric 1week RSI pattern.
As long as the 1week MA50 continues to hold, we expect the new bullish wave of the Channel Up to start.
Since the December 30th high was on the 1.5 Fib extension, we believe the next one, which will most likely be the Cycle's Top, will also be on that level.
Buy and target 12.000.
Follow us, like the idea and leave a comment below!!
We Are Almost Back!Over the past few days (January 30th - February 4th), the "whales" tore up XRP but the good news we are almost back. During the first few days, we experienced a 32.75% drop which took out a lot of retail traders (planned by the whales) but now we have already gained 27.87% which leaves up 4.88% below January 30th.
Those of us that didn't panick, found those days a great time to purchase more XRP and today we are much more happy than we were on January 29th before the drop.
My big concern as an XRP trader now is to be extremely careful with ANY short positions in XRP. The question that you as a trader have to ask yourself is what IF the rumors are true that XRP could go up to $1,000 or more overnight and you are in a SHORT position. Guess what, you don't own anymore XRP. Trade carefully and as the saying has always been "BUY LOW AND SELL HIGH."