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Cryptobull

Cardo about to ROCKET to 1.5530 after the Symmetrical TriangleSymmetrical Triangle has formed on Cardo and it looks like we are approaching the Apex of the triangle where there is upside to come. Crypto is definitely taking a break from all the upside, but seems to be preparing for a big boost. Whether it be Trump administration to incorporate Crypto more into the legal system or the Smart Money piling in while the less patient closes out. Here are the indicators. Price> 20 and 200 Flag pole UP. Target 1.5530
Long
by Timonrosso
2
Ethereum Surges 9% After Fed Rate CutKey Highlights: Ethereum saw a 9% price increase, closing the week strong. The Fed's 0.50% interest rate cut sparked a bullish reaction across the crypto market. ETH broke through the $2,400 resistance level, which is now a critical support. Targets and Outlook: Current targets are $2,600 and $2,900, both of which will serve as key resistance levels. As long as $2,400 holds, buyers remain in control. After months of bearish price action, Ethereum is showing signs of recovery. #Ethereum #ETH #CryptoBull #MarketUpdate #FedRateCut #CryptoRecovery #ETHPriceTargets
COINBASE:ETHUSD
by Richtv_official
UPDATE: Bitcoin Wycoff Method moved like a Beauty to the topIf you remember from November when I first sent this article, we pinpointed that there was an evuidential Wycoff Method and phases taking place with Bitcoin... We based this on the starting for the phases in 2020 up until 2024 where it has ALMOST reached our first target for 2024 at $71,350/. Now just because we have a target, does NOT mean we will go short or make a reversal prediction. No, that's all in the charts and it will tell us when there is a change in trend. We need to be humble to let the market Go down 20% before we make an possibility for a short. Hence the 20-80 rule... This means I am still very much BULLISH and do not see any reason not to be just yet. Anyway, I know there are many new traders on TradingView so I will quickly explain the Wycoff Method again. The Four Phases of Wyckoff’s Method and how it works Phase #1: Accumulation (Consolidation) The Accumulation or Consolidation phase, occurs after a prolonged downtrend or in a range-bound market. During this phase, large institutions, investors and smart money buys the market at lower prices. And they are able to keep the market sentiment subdued which continues to move in a sideways manner. Phase #2: Markup (Advancing) Once traders see the buying interest and demand, this is where they jump in… And so the market is poised for a potential uptrend. The Markup phase begins as the price starts to rise. This phase reflects the transition from a sideways market to a bullish market sentiment. During Markup, the market’s price rallies. This allows the rest of retail traders to get in and ride the upward trend to maximise profits. Phase #3: Distribution As the market reaches elevated levels until it hits a peak. That’s where the institutional players begin to distribute (sell) their holdings. The Distribution phase is characterized by smart money selling their accumulated positions to eager retail investors. This is where you’ll see another market phase where you can see a sideways or Twilight Zone range. If you’re able to recognize a Distribution phase, it could prepare you for a potential reversal to the downside. Phase #4: Markdown (Declining) Once Smart Money have sold off their positions, prices then start to decline. Retail traders and dumb money jump right in and start selling their assets – which causes a market crash. This reversal then enters into a near market. You’ll see the price making lower highs and lower lows. And that’s when the market will enter into free fall mode. It will continue until it hits a bottom. And that’s where the big guys will get right back in. And the phases start all over again. Which right now we've seen STRONG accumulation and Markup in the last few months... Now you know what to look out for You now have the idea Wyckoff’s Method in your trading arsenal. Keep these four phases in your mind Accumulation Markup Distribution Markdown You can use it help identify and spot different market trends, environments and phases with more confidence. This can help you to know when to buy, when to sell and when to remain cautious. Remember, the charts never lie.
BITSTAMP:BTCUSDLong
by Timonrosso
RUNE/USDT - Primed for a Bullish Surge Post 46% RetracementHello, TradingView community! I'm excited to share my analysis on RUNE/USDT, which has recently caught my attention due to its remarkable 600% surge in the past few months, followed by a significant 46% retracement. Now, we're at a pivotal point that could signal the next big move for Thorchain (RUNE). Technical Analysis: Massive Rally and Retracement: RUNE has shown an impressive growth of 600% over recent months, demonstrating strong market interest. However, this rally was followed by a 46% retracement, which is a common occurrence in volatile crypto markets. Key Reversal Indicator: The condition for a bullish reversal is a daily close above the critical level of $4.2. This level is crucial as it may confirm the end of the retracement and the start of a new bullish phase. Chart Patterns and Indicators: Pay close attention to chart patterns and technical indicators for further confirmation of a potential upward move. Fundamental Analysis: Thorchain's Unique Value Proposition: Thorchain (RUNE) offers decentralized liquidity and allows for cross-chain token swaps without wrapping or pegging. This unique feature addresses a significant pain point in the DeFi space. Growing Ecosystem: Thorchain's continuous development and growing partnerships are strengthening its position in the DeFi market. For more details, visit Thorchain's website. Community and Developer Activity: A vibrant community and active development are key indicators of a project's health. Thorchain's consistent progress on these fronts adds to its long-term bullish outlook. The combination of RUNE's technical setup and the robust fundamentals of Thorchain present a compelling case for a bullish outlook in the coming months. As always, keep an eye on broader market trends and news that may affect the crypto space. P.S. Are you looking to sharpen your trading edge? For anyone craving more precise signals, exact entry points, and well-calculated stop-loss levels, Contact me for more information Happy Trading!
Long
by SwingSamurai_QMA
USDT Dominance BUMP AND RUN REVERSAL FORMATIONLooking at tether dominance - it's losing dominance which means other cryptos, whether it be BTC or ALTS, are going to see a rise in value. It doesn't necessarily mean USDT is flowing into those cryptos, but it means that other cryptos are rising in dominance. Technically speaking, spot positions in alts are your best bet. Watch BTC dominance (hint - it's rising, too), however I think alts may be about to pop soon if BTC can stay above $18k. USDT dominance will find some resistance later this year around 4.6% but breaking the lower trendline that has existed from the beginning of the tether dominance chart would be insanely bullish for crypto. It's a long time before that kicks in.
CRYPTOCAP:USDT.D
by bitdoctor
Bitcoin Correction? Let's See!I'm tempted to get into a long, drawn-out explanation for why Bitcoin (among other cryptos) may be a buy at the moment, but I'm gonna keep it as simple as I can. Just so you guys know, I called the crypto top back in 2017 and the top late last year. I said that to say that I have a pretty good idea how to read market direction. What I currently see if price hitting a weekly demand level between the 1750-2000'ish range and price has responded to that level in a way that you'd want to see if you're a bull. Once you get down to the daily, you see price consolidating as it has been doing since June. if I'm a long-term bull, this is what I want to see because it indicates (not guarantee) that there's possible accumulation at this demand level. If prices happen to breakout to the upside, then I see 30,000 as the next likely target. At 30,000 however, prices may fully reverse and continue down. Personally, I think that's what is more likely, which is why this long recommendation is more of a correction play and not a trend reversal play. However, if 30,000 is taken out, I think that we'll end up back in the 40,000's. Conclusion: I think that a play on a long side is cool if one wants quick action in cryptos for the time being, especially as the dollar is moving down. The trend is still down, nonetheless, so I wouldn't get TOO excited about any breakout to the upside.
BITSTAMP:BTCUSDLong
by sccapital_fx
1
BITCOIN BULLISH SCENARIO 32000 USD?Hello traders! ¿What's going on? As I posted previously, I really doubt that Bitcoin is going to see price levels below 25.000 USD on the next weeks. It would be too much pain and fear for the market. Before a new crash, I think we will see this week a new bullish impulse, reaching price levels of 31.000 USD - 32.000 USD. On the chart, you can see a classic impulse & retracement formation. If the 1H candle closes above the EMA9 we can see a bullish today. If it fails, the scenario is totally invalid. What are you expecting?
Long
by Infamousmoneot
ETH/USD trade updateOkay so when we now look at the chart we can see that the price did reverse and went back up and did clean break through the small resistance that we can see on the chart. The next zone that I will be looking at is the zone of interest that is drawn up on the chart in orange and that is close to the price now. We could see a small reversal here but I think that the price should be able to break this zone and go up even more. If you have any questions feel free to send me a message. If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments. Everything you see on my profile is just for educational purposes only.
COINBASE:ETHUSDLong
by MaBaCapital2
BCH's Double Bottom will Lead to....Bitcoin Cash (BCH) was trading back near the $382 low but the price failed to break below and is now in the process of developing a double bottom pattern. If BCH’s moves continue to be supported above the $382 support level, this temporary bottom can provide more fuel to the bulls. Downward Sloping Trendline The bulls need to overcome the downward sloping trendline that connects a series of highs starting from May’s high of $810. A daily break and close above this trendline can cement the bullish trade signal. To the upside, the first level of interest comes at the $550 resistance level, followed by $760. A daily close above the big psychological number of $550 can open up the door for more upside. However, at the same time, we should not forget that the current bearish cycle in the cryptocurrency market is not over yet, and rallies tend to be short-lived. RSI Momentum Readings RSI oscillator continues to print negative momentum readings below the mid-level 50. The bearish momentum readings suggest that the current rally still lacks momentum, so bulls need to remain cautious. A break above the RSI mid-level 50 can confirm a shift in the momentum direction.
COINBASE:BCHUSDLong
by cryptohopper
Ethereum $ETHUSD Long Term target PTs 2990-3740-4500-8000Ether and altcoins Ether (ETH) trading around $2,334.94 as of 20:00 UTC (4 p.m. ET). Climbing 1.49% over the previous 24 hours. Ether’s 24-hour range: $2,268.57-$2,399.61 (CoinDesk 20) Ether trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Ether, along with many other alternative cryptocurrencies (“altcoins”), also logged more gains on Wednesday. Besides ether, which is the No. 2 cryptocurrency by market capitalization, one of the most staggering growth spurts was seen with dogecoin (DOGE), the beloved meme cryptocurrency that was created back in 2013. As a result, dogecoin now has a market capitalization of more than $16 billion, surpassing that of bitcoin cash (BCH) and chainlink (LINK), per Messari data. Dogecoin’s sudden price surge also came with escalating trading activity: data from Coingecko also shows that dogecoin is the No. 5 most traded token of the day, only behind tether (USDT), bitcoin (BTC), ether (ETH), and xrp (XRP).
BINANCE:ETHUSDLong
by UnknownUnicorn19246015
Cardano / USD PT 2.40 and higher ADA price – Hoskinson leaks that Cardano-Ethiopia deal was signed by ministerThe Cardano community has been eagerly awaiting the final confirmation of the Ethiopia deal since early February. John O’Connor, Director of African Operations at IOG, revealed at the time that the company of Cardano inventor Charles Hoskinson was in the final stages of a government contract in Ethiopia to bring several million users onto the Cardano blockchain. Since then, there has been plenty of speculation, as well as unforeseen, bureaucratic delays. However, as Hoskinson reported last week, the deal was now close to being finalized. On March 25, a “special committee” had signed off on the decision to implement the project, leaving only the minister’s signature until last. Since yesterday, the deal may also have mastered this step. Even though Hoskinson had to hide the announcement in a picture puzzle because he signed an “exclusive contract”, he didn’t miss the opportunity to tweet the following lines and the following two pictures: For some reason, I have this strong desire to tweet these two pictures. Must be the blending of my ornithological endeavors with my love of 18th century American history… The Cardano community decoded the picture puzzle. The left image shows the white-cheeked Turaco (Menelikornis leucotis), a species of bird in the Musophagidae family, which has an Ethiopian origin. On the left image is John Hancock, an American merchant, statesman, and prominent patriot of the American Revolution. Hancock was president of Congress when the Declaration of Independence was adopted and signed. “He is primarily remembered by Americans for his large, flamboyant signature on the Declaration, so much so that “John Hancock” became, in the US, an informal synonym for signature,” as @AleTutor explained. Taken together, these two things clearly indicate that the minister has signed off in Ethiopia, meaning that the official announcement of the deal and the “Africa Special” could come as early as next week. As CNF reported, IOG is planning a major expansion in Africa, which, just like the Ethiopia deal, will be the subject of the “Africa Special.” With partners, such as IceAddis, Hoskinson wants to gain access to more than 25 countries in Africa, and expand the IOG Africa team from “dozens to hundreds, if not thousands” over the next 5 years. ADA price – Hoskinson leaks that Cardano-Ethiopia deal was signed by minister
BINANCEUS:ADAUSDLong
by BADQOMOCAWGOWLD
BTC: Bullish but WaryFrom a purely TA perspective, we can see that in the weekly, the next one to two months will be especially important for BTC as it climbs above the cloud into a bullish position and its lagging span is set up to cross into a bullish position. I want to see the lagging span become sustained over that duration to feel confirmed that BTC will sustain a long-term upward momentum. The daily's bullish indication is reassuring, but I am keeping my eye on its lagging span just in case it might cross into a bearish position. Beyond TA, I feel that this is the beginning of the bull run. I don't want to attribute too much to this factor, but I understand that it is a necessary component of my analysis; that the human emotion is inseparable from the supposed "reasonable and logical" trader. Much of the community is echoing such sentiment, and not with a beaten-down and disillusioned sense as felt in 2018, but with a real optimism and it's gradually filling the space. I was initially going to write in a very bullish fashion, but this sense of optimism has caused me to become wary, and so I changed my rhetoric based on this information. As a consequence, I plan to maintain awareness of its existence in the space and in myself and to keep an eye out regarding what that means in terms of price action. If my bullish inferences are correct, where we see a general upward movement in price action over the next month or two, then I will be fairly certain to call this -the beginning of the next big bull run- .
BITSTAMP:BTCUSDLong
by CoinBlank