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Best Free Channel For Crypto News & Signals Enquiries - @Altcoin_admin
Stock to flow model prediction:
The 'Stock-to-flow' is a number that shows how many years, at the current production rate, are required to achieve the current stock. The higher the number, the higher the expected price.
Elections :D Looks the same doesn't it?
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Crypto market right now 😂
BTC - The bull
ALTS - The bear (not all)
#BTC is following the expected path, stagnating around the $61K mark, which has historically been a strong resistance. Here’s what could happen next:
Scenario A: We break above and re-test $65K, the resistance line of the bull flag.
Scenario B (more likely): We dip down to $55K, testing the support area before any strong move upward.
Either way, we’re still in a solid position, and this price range presents a great opportunity for accumulation.
Stay tuned! In the coming days, we’ll be posting more educational content to help you approach Technical Analysis (TA) effectively.
As expected, there has been a pullback to 61k. We should see a minor bounce at this level before heading down to 55k.
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I’ve got some exciting news about #ETH. Even though the last few months haven’t been the best, the logarithmic scale is showing some strong bullish signs. The support line has held well, based on historical data, so that’s a good sign for us.
ETH is currently facing resistance around $2600, but this was expected. The real action begins once ETH breaks above $2900 — from there, things could go parabolic!
Stay tuned, and be ready. This could be the next big move!
#BNB trade idea:
Reverse H&S with brakeout and confirmation. We also see Higher Low and Higher High formation on attached chart.
TP $670
SL $570
I hope you're printing with our team on pepe :D
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What happened with #HMSTR airdrop millionaires today ?
Why all they are crying ?
#BNB is forming a reversed Head & Shoulders pattern with a target of $725. While many cryptocurrencies have undergone deep corrections, BNB has held up quite well!
Before entering a long position, wait for a breakout and confirmation!
As mentioned guys, #PEPE just did the move. Breakout from simetrical triangle :D
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It looks like our boy is trapped in a falling wedge, which is usually a bullish pattern once a breakout occurs. I still think there's a high chance that we will go down to test 56k in the following week. And after that we go higher 👍
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An upward trading channel, or ascending channel, is a pattern where an asset forms higher highs and higher lows within two parallel trendlines. The lower line acts as support, and the upper line as resistance. Traders often buy near support and sell near resistance. A breakout above or below the channel can indicate a trend change.
Example is #AAVE /USDT the price was bouncing for quite some time in this channel, until recent breakdown followed with re-test (covered in previous posts). Now its most likely headed down to 120$
If Trum wins this election, we can get ready for a ride 🫡
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How to trade Symentrical triangle?🤫
A symmetrical triangle forms when the price moves between an upper and lower trend line, getting tighter over time. Eventually, the price will break out in one direction.
To trade this pattern:
1.Wait for the price to break out of the triangle.
2.After the breakout, wait for the price to retest the trend line.
3.Enter a trade based on the direction of the breakout (either long or short).
This method helps to avoid false breakouts and increases the chances of a successful trade.
Some quick tips:
Support: This is the price level where asset tends to stop falling and starts rising again. It's like a floor that holds the price up. Traders usually buy here because we expect the price to go up.
Resistance: This is the price level where asset stops rising and starts to fall. It's like a ceiling that keeps the price from going higher. Traders often sell here, expecting the price to drop.
It's quite common for support to turn into resistance and resistance to turn into support. By recognizing these, we can better predict price movements.
Now to the example:
SEI/USDT : There was a loth price action around yellow line. In the past it served as support and resistance. Rightnow price broke resistance and make a retracement, which turned resistance in support. We also see another pullback to the line which is so called "re-retest" that confirms a new support. (so, you should go long here - Buy)
October is bullish.
Uptober is real.
I still believe.
Hello Sunshines,
Price action has been a bit boring over the last few days, but that’s just the reality…
I'm still surprised how resistance has been holding altcoins down for the past 2 years, but we're getting closer to hitting historical support levels.
Since the market’s been slow lately, let’s use this time to educate ourselves a bit. Stay tuned!
If bitcoin continues following the trajectory of global M2 money supply, it's heading to $90,000 before the end of the year
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Good day, Sunshines!
Looks like the market is finally seeing some blod. The reason? Bitcoin hit a strong resistance point on a big trend we've been watching (Upper trendline of bull flag). In the 4-hour chart, it looks like we’re headed for a small drop, maybe down to around 61k. No worries though, this is just the market taking a break!
I was hoping to see some money move into altcoins by now, but it seems like we’ll need to wait a bit longer for that. Stay patient! 😊
Its looks as Crypto market cap is about to test resistance in this bull flag formation today :D
If the price makes a breakout, crypto is about to see some money flowing in💦
🟢 Good news, guys! If you missed the bull runs of 2017 and 2021, now’s your chance!
Keep up notification of the group to optimize your gains🫡
We’re turning very bullish right now!
So far, the cup-and-handle pattern along with the bull flag formation suggests a target price of up to 120k.
When things start to move, this could even exceed to 200k with new money flowing into crypto.
Don’t sleep on this opportunity!
In 2 weeks we went from 22 up to 50 on crypto fear & greed index. We're picking up momentum👍🏻
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