? #BAL Analysis ✅There is a formation of Descending Channel Pattern in weekly chart. Currently #BAL is in bearish way. After a breakout of the pattern and major resistance level we would see a bullish momentum otherwise the price will drop more ? ?Current Price: $2.750 ⚡️What to do ? ?Keep an eye on #BAL price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #BAL #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
Strong BTC Strong ETH BTC new ATH + sideway BTC.D fall ETH new ATH Altseason Ethusd price action +$8500 for end of May 2025 Market Top end of Bull Market
MOST broken and confirmed. I wonder how the UP channel will hold. We are going for $480
? Welcome to TradeCityPro! In this analysis, I'm going to review the coin INJ, which belongs to the Injective project, one of the intriguing networks in the DeFi sector. This coin has seen significant growth in recent years. ? Weekly Timeframe: Reaccumulation Box? In the weekly timeframe, we observe a very strong and powerful upward trend full of bullish momentum that started from 1.2, even breaking the ATH to establish a new ceiling at 41.81. ? Currently, after reaching 41.81, the price has pulled back to the support at 16.18 and formed a box between these two areas. The support at 16.18 overlaps with the 0.236 Fibonacci area, and we can also see an ascending trend line that coincides with this level, forming a PRZ that has so far supported the price. ? If the resistance at 41.81 is broken, we can say that the long-term range box was a Reaccumulation phase, and the price could move towards targets of 135 and 494. However, it's important to note that this coin's market cap is currently $2.15 billion, and reaching a target of $494 would require it to enter the top ten coins by market cap, which might be challenging. ? In case of further price corrections, there are solid supports available. If 16.18 breaks, the next Fibonacci support at 0.382 is around $10, and another substantial support is at $5.8. ? Additionally, the RSI is boxed between 38.77 and 63.27, and breaking either boundary could significantly influence market momentum in that direction. https://www.tradingview.com/x/OztAzzsy/ ? Daily Timeframe: More Details In the daily timeframe, we can see more details of the range box formed. ✨ The price is currently near the weekly trend line and has reacted to this area in this timeframe as well. The first resistance is at 26.75, and breaking this area could be a trigger for entering a long position or buying in spot. A break of 58.26 in the RSI would be a good confirmation. ? The next buying trigger is at 34.76, which is more secure, and simultaneously breaking significant resistances in the TOTAL could drive the price towards higher targets. ⚡️ The most important resistance is at 45.32, and I suggest maintaining a long position before the price reaches this area as there is a high chance of a euphoric break. However, this area is a strong supply zone and could potentially push the price back down to the range box's floor. ? For short positions, we should first wait for the trend line to break. In this case, the first trigger is a break at 19.44, and the main trigger is breaking the support at 16.04. ? Regarding volume, I cannot provide much insight as both the market and volume are ranging, and specific data cannot be derived. However, it's evident that if volume increases in any direction, market momentum will likely follow. https://www.tradingview.com/x/VmoUCVqt/ ⏳ 4-Hour Timeframe: Futures Triggers Let's dive into the short-term triggers suitable for futures trading. ? Given that the market has been range-bound in the weekly timeframe for a prolonged period, it has lost momentum. In this timeframe as well, the price remains confined within a range box. ? Long Position: You can enter a long position if the price breaks above 25.43. The target for this position would be 34.76. This is a solid trigger and, if aligned with Bitcoin's movements, could introduce bullish momentum into the market. ? Short Position: For shorting, the only current trigger is at 18.82.The RSI oscillator and the SMA indicator cannot be relied upon for confirmation in this scenario, as the market lacks any trend or momentum. ? As mentioned, the trading volume remains range-bound. Upon breaking any trigger level, the volume should increase in the direction of the breakout. https://www.tradingview.com/x/yFe8AUMm/ ? Final Thoughts 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! ❤️
Bounce from support reducing debt increasing FII no overhead supply above 325 within stage 1 least risk entry but market breadth not good
NYSE:RBRK Runaway gap followed by a flag pattern. Tailwinds: AI, Data, Cybersecurity My price levels: Entry Levels: 65-71 Stop Loss: 59 These are my price levels. Not recommendations. Decide your own price levels based on your personality, timeframe and risk.
Hello, should we finally say goodbye to Sonic After the launch of Sonic, the price has dropped from $1.47 to 54 cents, which is not a normal or natural drop at all. This project reminds us of the former Matic, when the network and its name changed, the token price went into a crisis. Currently, after holding this token for 3 years, there is no hope for its future, and I believe that the price will soon decrease to 30 to 33 cents. We can only expect an upward movement if the price stabilizes above 84 cents."
https://www.tradingview.com/x/ivXhLqDK/ - 8 hr A strong 8 hr candle and weekly candle. Part of this is the new official supposedly alleged official trump coin which is on Solana. But isnt this the whole point of solana? Quick and fast solutions. https://www.tradingview.com/x/yF6NhZsF/ - 3 day As mentioned before, Solana was within a descending channel, any green zone areas were good DCA buys ( dollar cost averaging ). We then broke the channel, retested the channel and bounced and pushed upwards portraying a resistance to support flip. Congratualtions if you got in at $180 area. https://www.tradingview.com/x/IXr9HSzT/ - weekly Sol is currently in price discovery mode and also in its 5th extension wave, expecting $300-$320 short term then a retest back to $260-$270 then a further extension up to $490 area. Across this bull run in general, depending on the total mcap across crpyto, it could easily go much higher. https://www.tradingview.com/x/vavQ369t/ - SOL/BTC 3DAY Solana dropped down out of the triangle pattern for a good month but tested the previous resistance triangle pattern and actually moved above the triangle signaling another potential move to the upside in the near term. https://www.tradingview.com/x/W0od5nIS/ BTC.D Looks like BTC is not yet ready to give into alt season easily, it has pushed to test back into the upward channel. all eyes on the 60-62% area to see what happens once BTC retests that area of resistance. It is inevitable a proper alt season will occur and hence, keeping eyes on ETH portrays this. https://www.tradingview.com/x/whWlNGom/ 3 day chart Etherium is yet to break into new ATH's, once this occurs it will signal the start of alt season. Solana is massively out performing Etherium, please check the SOL/ETH chart for validation. https://www.tradingview.com/x/BBjOeDdY/ Total2 Mcap - Weekly Seems like the total crypto market cap excluding BTC is setting itself up for a move up. Eyeing a 3.04 T target, lets say a 3T psychological target. What is everyones TOTAL MARKET CAP PREDICTIONS ( including BTC )? The current BITCOIN rainbow chart still suggests we are in the early to mid phase of this cycle run. Please do search for this, I find that the most simplest of charts are always useful. The current Pi CYcle Top Indicator chart also suggests BTC has not yet topped yet this bull run. Other Callouts: TRUMP Inauguration: 20th Of January marks the day of a new era in the US, with the trump inauguration. a president who is very pro crypto. Solana is the dominant chain. Solana's 24hr dex volume with 49% dominance. Its volume is way above all other chains combined! AI ( Artificial Intelligence ) up Solana which is the new topic as of late globally. Fastest growing dev eecosystem in CRYPTO America first Crypto Reserve ( although i only believe this for BTC, dont know how numerous reserves like XRP and SOL will work but still a bullish point ) Firedancer already live 2025 4-5 ETFs is ont he cards which is majorly bullish. Solana has a small mcap vs XRP. What does XRP do compared to Solana? Overall, Solana still seems to be very undervalued, it's Risk to Rewards ratio is very high. I'll be DCAing for the next 5-10 years. Approach might be now to buy daily instead of monthly. Small incrementals a day. THIS IS NOT FINANCIAL ADVICE, JUST A TRADE IDEA. Appreciate feedback plus further analysis and comments.
RENDER on 1D timeframe create like triangle pattern on bullish correction SImple if on timeframe 1W close above $8 we will see bullish continuation, but if we break under $6 maybe say good bye crypto
Im new to this.... but my thinking is that many memes are losing momentum, and that this needs to head toward the lower BBand. Support level is shown below. Any feedback is appreciated