#BTC/USDT Short Setup
Bitcoin broke below the ascending channel and is currently trading within the range of $65,900 to $69,500
Four potential supports for buying are identified: $65,900, $64,000, $61,300 and $59,200
If $BTC breaks back above $70,000 and sustains that level, buying is also recommended.
Bitcoin broke below the ascending channel and is currently trading within the range of $65,900 to $69,500
Four potential supports for buying are identified: $65,900, $64,000, $61,300 and $59,200
If $BTC breaks back above $70,000 and sustains that level, buying is also recommended.
👍13🎉9🔥8
#VANRY/USDT Long Setup
A falling wedge has formed on the chart, suggesting a potential rally towards the resistance zone. The price bounced from a key support zone around $0.25, confirming a new bullish trend
The first target is $0.322, followed by a next target of $0.385
A falling wedge has formed on the chart, suggesting a potential rally towards the resistance zone. The price bounced from a key support zone around $0.25, confirming a new bullish trend
The first target is $0.322, followed by a next target of $0.385
👍17🎉10🔥8
#NFP/USDT Buy Setup
Anticipation is high for a potential significant upsurge in NFPrompt token
Currently, it is trading above a symmetrical triangle pattern, with a strong possibility to bounce from the broken descending resistance
Short-term target after the bounce is the $1.15 resistance zone
Anticipation is high for a potential significant upsurge in NFPrompt token
Currently, it is trading above a symmetrical triangle pattern, with a strong possibility to bounce from the broken descending resistance
Short-term target after the bounce is the $1.15 resistance zone
👍16🔥12🎉8
#ONE/USDT Long Setup
Harmony is trading inside a descending channel on the daily chart.
The price is currently above the 200 MA and is facing resistance at the middle line of the channel.
A breakout above the resistance is expected, with upside targets at $0.0232, $0.0270, $0.0300, $0.0330, and $0.0390
Harmony is trading inside a descending channel on the daily chart.
The price is currently above the 200 MA and is facing resistance at the middle line of the channel.
A breakout above the resistance is expected, with upside targets at $0.0232, $0.0270, $0.0300, $0.0330, and $0.0390
👍21🔥10🎉10 4
The correction is almost over. To confirm the market’s intentions, I expect to see a false breakout into the $4.80 - $4.50 range to shake out the weak hands.
Once whales finish accumulating their positions, $TON will take off. Breaking the 1 Fib level ($7.51) will put us into price discovery mode with the next targets at $8.00 and $12.20.
Please open Telegram to view this post
VIEW IN TELEGRAM
👍27🔥13🎉10🏆4 2
The cryptocurrency market is cyclical. Each of these cycles includes a growth phase (bull market) and a correction phase (bear market).
Yes, in this cycle, $BTC is unlikely to make 2000% like in 2017. But considering new sources of capital and a positive macroeconomic backdrop, a +200-250% increase from current levels by the end of the year is quite a conservative forecast
Please open Telegram to view this post
VIEW IN TELEGRAM
🔥63👍37❤24🐳10
A comprehensive analysis includes not only price charts but also fundamental indicators.
The project, created by the founder of OpenAI, promotes a system of digital identification and basic income. Among its investors are Coinbase Ventures, DCG, and Blockchain Capital.
Worldcoin has attracted significant investments, but its technology has yet to be implemented in any country. The reason lies in privacy issues.
During the price discovery phase, $WLD set an ATH around $11.70, then corrected by 60%. Now, the buyers' nearest target is to recover above the 0.236 fib level.
If it consolidates above this level, a new uptrend may develop. The fib levels marked on the chart can be used as mirror supports/resistances.
Please open Telegram to view this post
VIEW IN TELEGRAM
👍42❤39
The dominance index (BTC.D) shows the share of $BTC's market capitalization relative to the total market capitalization.
◼ For the past two years, the daily BTC.D chart has shown a steady upward trend. Recent attempts to break the support level were unsuccessful, and dominance has risen back above 55%.
The main reason for the rise in BTC.D is the full focus of institutional capital on the Bitcoin market. Large corporations are not interested in L1 and L2 solutions, betting on $BTC as digital gold capable of protecting them from inflation.
So, should we abandon altcoins?
◼ No. This situation is temporary. Look at the chart. During the accumulation phase, dominance always rises. However, the beginning of a bull market is always accompanied by a drop in the indicator and a surge in altcoins.
Currently, the main buyers are whales, but as market hype grows, retail investors will enter. For them, $BTC at $65,000 is too expensive. This is when we will see capital flow into altcoins.
Please open Telegram to view this post
VIEW IN TELEGRAM
🔥68👍47❤31⚡21🏆8
Inflation in the US stands at 3.4%. Following this news, the market emerged from correction and showed an upward impulse. Inflation is controlled, and the Federal Reserve may start lowering the key interest rate later this year.
Why is this important?
◼ The cost of credit and the availability of money directly affect capital inflow into the markets.
◼ Investors will seek higher-yielding assets than bonds (e.g., Bitcoin ETFs).
The rise in the key interest rate has been one of the reasons for the bear market over the past two years. It has affected not only crypto but also the stock market.
Note that Bitcoin's rise at the end of last year coincided with the halt in rate increases. Now, the Fed is preparing to lower it.
Please open Telegram to view this post
VIEW IN TELEGRAM
🔥68👍67❤26🏆17 5
Bitcoin has broken above the daily 50MA and has already consolidated above it. From a technical analysis standpoint, this is a strong signal of buyer dominance.
Considering the positive news backdrop and increasing capital inflows into Bitcoin ETFs, my priority scenario remains continued growth. I see two possible developments in the coming days:
◼ Growth from the current levels with an attempt to break the descending resistance ($68,900).
◼ A retest of the daily 50MA, a rebound, and continuation of the uptrend.
Please open Telegram to view this post
VIEW IN TELEGRAM
🔥93👍45❤31🐳12 6 1
Let's kick off the workweek with an update on the market situation:
◼ $BTC - $66,880. $ETH - $3,104. $BNB - $576.8;
◼ Last week, inflows into Bitcoin ETFs resumed. Companies acquired 14,389 $BTC worth $1 billion;
◼ On the 12-hour chart, $BTC has formed a golden cross. The last time this signal appeared was in October 2023, preceding a 170% rise.
◼ The market capitalization of $BTC is growing faster than its realized capitalization (screenshot). Historically, this trend lasts ~2 years and accompanies a bull market.
Both technical and fundamental analyses suggest a high likelihood of growth in the mid-term. My strategy remains unchanged - continuing to focus on buying.
Please open Telegram to view this post
VIEW IN TELEGRAM
🔥90👍40❤37🐳10 4 3
Last week, the project conducted an unlock for funds and influencers. As expected, most of them dumped their tokens. The price of $AEVO dropped by 33% in a day.
◼ A strong order block in the $0.78 - $0.75 range has prevented further correction. After a slight recovery, the token entered an accumulation phase. Although spot volumes are still relatively low, the OTC market shows increased activity.
The token is trading at -75% from its highs. The current situation looks like an excellent buying opportunity.
Please open Telegram to view this post
VIEW IN TELEGRAM
🔥75👍44❤34🏆30⚡16🐳15 9 2
Last night, our growth scenario played out. Not only did Bitcoin show good dynamics, but the altcoin market also performed well.
Several fundamental factors contributing to the growth:
◼ Capital inflows into Bitcoin ETFs have approached their maximum levels again.
◼ The SEC has sent requests to update applications for Ethereum ETFs. Experts estimate a 75% chance of approval.
◼ The U.S. House of Representatives will vote on a bill to regulate cryptocurrency as a commodity.
What I expect from the market in the near future:
Institutional interest in altcoins is growing. We can already see the reaction on the dominance chart. As before, I expect the market to continue growing and the altseason to begin.
Please open Telegram to view this post
VIEW IN TELEGRAM
👍83🔥68❤38⚡24🏆9 7 6🐳4 2 1
◼ The year 2017 is long gone. Coins no longer shoot up thousands of percent just by launching. However, genuinely strong projects still provide good returns, and such projects are emerging right now.
◼ The chart highlights the period when the most promising and profitable coins of the last cycle were released. $MATIC, $SAND, $SOL, $AVAX - all entered the market amid the Bitcoin halving hype.
◼ Developers know this is the best period - the cycle is just beginning, and the growth potential is enormous. Therefore, new coins that people have been waiting for years are coming out now - $STRK, $ZK, and $ZETA.
P.S. Investing in new projects should be approached with caution. If you are offered to buy a "new promising coin" on Uniswap with promises of a quick listing on Binance, they are trying to scam you. Never buy such tokens.
Please open Telegram to view this post
VIEW IN TELEGRAM
🔥78👍45🐳39❤36 5 3