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Forwarded from Crypto Cove
#BTC Nothing has Changed yet..!!

Bitcoin has been consolidating within a Descending Broadening Wedge for the past 6 Months.

Breaking through the $69-70k Crucial Resistance level is essential for the bulls.

In the last 4-5 attempts, Bulls have failed to clear this level, but this time, there’s hope for Success as the Resistance is weakening technically.

If the bulls manage to Break out of the Descending Broadening Wedge to the Upside, Bitcoin could easily reach $100k in Q4.

For now, leverage trading might not be ideal. If you're a Bitcoin holder, it’s time to sit back and Relax, as the Bitcoin bull run is very close.
Forwarded from Jerome
trade of the day. I don't think we'll have a big closing this Friday, it might gradually move through the weekend
🐶 Is Dogecoin Mirroring Stellar's 2017 Rally? 🕯

I’ve spotted an interesting pattern that Dogecoin (DOGE) seems to be following — almost identical to Stellar's (XLM) 2017 run!

🔍 Here's What I Noticed:
In 2017, Stellar hit an ATH, declined into lower highs, moved through an accumulation phase, formed a wedge pattern, and then rocketed to new highs in 2018.
Now, DOGE's chart shows a similar pattern: ATH in May 2021 ➡️ Decline into lower highs ➡️ Accumulation zone since mid-2023 ➡️ Wedge formation in 2024 Q1-Q2.
Even the moving averages on both charts behave in nearly the same way!

💡 What Could This Mean? This setup could indicate that DOGE is bottoming out and might be on the verge of a massive breakout.
However, remember — anything can happen! It's vital to manage risks and protect your capital. A simple rule: don’t risk more than 1% of your capital on a single trade.

🤔 What’s your take on this? Could DOGE be gearing up for a Stellar-like rally?

If you found this analysis interesting, give it a 👍 and follow for more updates!

https://www.tradingview.com/chart/DOGEUSD/13ay72us-DOGECOIN-2024-A-Massive-Breakout-Coming/
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🆕 In my latest article, I simplify complex market structures into easy-to-understand patterns that everyone should know!

🔑 Key Patterns Covered:

• Double Bottom / Double Top: Reversal signals to watch for!
• Bull Flag / Bear Flag: Continuation patterns that indicate trend strength.
• Bull Pennant / Bear Pennant: Consolidation patterns signaling potential breakouts.
• Ascending Wedge / Descending Wedge: Key indicators of market momentum shifts.
• Triple Top / Triple Bottom: Powerful reversal patterns.
• Cup and Handle / Inverted Cup and Handle: Essential continuation patterns.
• Head and Shoulders / Inverted Head and Shoulders: Classic reversal formations.
• Expanding Wedge: Volatility signals indicating potential breakouts.
• Falling Channel / Rising Channel / Flat Channel: Trend and consolidation indicators.

⚠️ PS: Remember, market makers and smart investors know these structures too! Sometimes, these patterns may not work as expected because these entities can manipulate the market to pull money from unsuspecting traders.

👉 Check out the full article for detailed insights!
https://www.tradingview.com/chart/BTCUSDT/hXKiSMdq-These-Market-Structures-Are-Crucial-for-Everyone/
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💡 Is the Crypto Market Setting Up for a Repeat of 2019?

Hey, everyone! 👋 I just analyzed the Crypto Total Market Cap chart, and I found some intriguing patterns that could influence our trading strategies.

📉 Weekly Timeframe Insight: The 2024 price action appears to be forming a downward channel, reminiscent of 2019, when Bitcoin started to climb after a similar decline. Many OGs remember the failed rally coinciding with the COVID outbreak in China, which led to significant market shifts.

🔍 Key Levels to Watch:

$2.5 Trillion: This level acts as crucial resistance and mirrors the failed rally point from 2020.
$1.0 Trillion: Potential surprise support if the market turns unexpectedly.
200-week Moving Average: Currently acting as a strong support line; we might see brief spikes below it during volatility.

🤔 Questions for You:
• Are we heading towards a failed rally similar to 2019, or could we set new all-time highs?
• What external factors might influence the market?

💡 Remember, the crypto market can be unpredictable! Protect your capital and manage risks—consider risking no more than 1% of your capital per trade.

If you found this analysis helpful, please drop a like and share your thoughts below! Let’s discuss! 🔥

https://www.tradingview.com/chart/TOTAL/8cC1BuPn-CRYPTO-MARKET-CAP-NEARS-200W-MA-PRE-CRASH-VIBES/
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🐋Hey legends! This is MENTAL FRIDAY! 🧠

1️⃣ Trade Less, Focus More: Quality over quantity. Only trade proven setups.
2️⃣ It's About You, Not the Market: Discipline and mindset matter more than market conditions.
3️⃣ Don’t Focus on Winning, Focus on Not Losing: Protect your capital, profits will follow.
4️⃣ Forget Certainty: Markets are unpredictable. Be flexible!
5️⃣ You Don’t Need to Be a Genius: Consistency beats talent.
6️⃣ Let Go of the Money Chase: The harder you try, the tougher it gets. Stay patient.
7️⃣ Win Rate ≠ Profitability: You can be profitable even with a 33% win rate!

💬 Have you experienced these insights? Share your thoughts and experiences below!

Read and Comment
👇
https://www.tradingview.com/chart/BTCUSDT/vWMi92Hf-What-Experienced-Traders-Say/

👍 If these tips helped, like this post and follow for more!

https://www.tradingview.com/chart/BTCUSDT/vWMi92Hf-What-Experienced-Traders-Say/
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💵 Bitcoin Price Update – Key Levels to Watch This Week 🚨

Hey, traders! 🟢 It’s Artem with a quick Bitcoin analysis.

Last week, we saw Bitcoin break through some critical levels, hitting a new high of $66,566. However, a Rising Wedge pattern has formed, and #Bitcoin is now trading around $63,570, close to a key support at $62,800.

📉 Bearish scenario: If selling pressure continues, we might see a drop toward $60,848 with $61,824 as the critical level to watch.
📈 Bullish scenario: If support holds, we could see a bounce and a continuation toward new highs.

💬 What’s your plan for the week? Long or short? Drop your thoughts in the comments and let’s discuss the next big move for Bitcoin! 🚀

➡️ Don’t forget to join the conversation and share your setups. More updates coming soon! 🔔

https://www.tradingview.com/chart/BTCUSD/dwrTCPGm-Bitcoin-s-Next-Move-Bullish-Continuation-or-Bearish-Reversal/
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☄️Hey traders! I just dropped a detailed breakdown on Atlas #NAVI, the first-ever Drive-to-Earn navigation app that could disrupt the market!

🟡In this article, I dive into:
What Atlas NAVI is all about
Key token utilities and use cases
Price action analysis and targets for 2024
Potential long-term gains in a bull market

👉 Check out the full article here!

💬 Let me know what you think in the comments, and feel free to share your insights! Don't forget to like and share with friends if you find it helpful!

https://www.tradingview.com/chart/NAVIUSDT/0UjK3ZDB-Atlas-NAVI-Hidden-Gem-or-Just-Another-A-I-Token/
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Forwarded from Jerome
LEN (Solana) - (link)

I bought this shit with a limited order on the first dip. The token was created a few hours ago as an echo to the HBO documentary on the identity of Satoshi Nakamoto. It's early, the token is LEN for Len Sassaman, the person most likely to have been Satoshi.

Hoping 10M cap, currently 1.7M
The documentary comes out next week, so YOLO
▪️ BTC/USDT 5mn chart

[edit] in the vertical green rectangle: liquidity with shorts stop losses . not 'buyers' . sry
▪️ BTC/USDT 24h chart
2024/11/24 19:19:36
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