Here is a nice slope for long entries found on ETHUSD. For current Action-Reaction set we have median line waiting for nice "wash and rinse" off last 2 points of up-stepping buyers. These last 2 bounces is a nice bait to attract small buyers and collect their stops after that.
BTC short then long with positions before next leg up. Expecting choppy sideways action.
The levels of supply and demand show well that the desired targets have been achieved
Five key points explaining why it might be worth considering: High Token Supply: With 500 billion tokens in circulation, Rizzmas ensures significant market liquidity, making it accessible for trades Recovery from Historic Lows: While the token has fallen 75% from its all-time high, it has rebounded by 170% from its lowest price, indicating a potential recovery trend Low Entry Price: With an average price of $0.000046 per token, it offers an affordable entry point, allowing smaller investors to accumulate a significant quantity of tokens Popularity of Meme Coins: Like Dogecoin and Shiba Inu, Rizzmas is part of the meme coin category. Such coins can exhibit high volatility but often capture significant attention and trading volume during their peaks Availability Across Platforms: Rizzmas is available on both decentralized exchanges like Raydium and centralized exchanges like Gate.io, providing accessibility for a wide range of traders For me, it looks like high risk. Use your risk management. JB.-
After Monday's peak @21026.5 and Wednesday's drop to 20624.8 and Friday's return to 20973 area is the market prepping for a major bear run within week 1 - 2 of December
The fundamental reasons is their is no bad news regarding the alkem company and in this month company apply the certification for the pharmacal drugs related to diabetes and according to gimini it got approved by the us gov. and i found the artical on ecnomic times that the institutional investor meeting will be held on 2nd dec. tody is 1dec night in canada. Technical reasons are: 1.golden fib zone is below the the price, i.e, price bounce from that zone 2. price near 200 ema 3.touching to the main TL as a resistance 4. fibo is 50-60% from last swing 5. Unusual High volume at support, SL Liquidation i assume 6. Sector TA is in channel, near lower line. https://www.tradingview.com/x/KHJSMULe/
If you are looking for something that flying soon and its a coins , I'll be suggesting you to get pepecoin Here's my analysis for this coins. Follow with your own thoughts. It's as basic as that, impulse followed by corrective then continuation. Let's see how it goes.
Hello everyone, as we can see, for a very long time, BTC's dominance over the rest of the market was gaining strength, but now we can see how the level of dominance has broken out of the upward trend channel, which is causing a rebound and the transfer of capital into altcoins. The flow of capital gives clear and significant increases on the market, and therefore many cryptocurrencies benefit from an increase in price. It is worth looking at the RSI indicator, which also indicates that the energy used is used to flow capital into the rest of the market, and what is more, it can be seen that there is still room for a stronger decline to the support places indicated on the chart.
Trading is like this: 1. When the market is unclear, you feel weak and must wait patiently. 2. When you understand the market but lack the confidence or strength to act decisively, you take a cautious approach. 3. When you fully understand the market and its movements are within your control, that's the time to strike. Currently, I am in the first phase. We are moving between key levels, and it's essential to wait for the market to provide clarity. The boundaries are defined, and I am patiently waiting for the next move.
Several AI charts are now starting to look like this, with an overlapping five wave move up (wave 1) followed by a rising ABC correction and now an impulsive wave 3 starting. They have all looked very bearing until now because the leading ABC looked like the B wave of a larger ABC and new lows were implied. This is clearly not going to happen. I urge you to look for other AI coins that have not yet broken out that have the same pattern. FET and MAN (Matrix AI) are two that I have seen; I will post their charts next... The implied target for CTXC is $72; 100x from here