Kroumi
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This Pattern Repeats With New Projects - How To Find The Perfect Entry Point?
Knowing this feature, you'll be able to find the perfect buying zones!
Here are Top-5 examples of new projects that have come out recently and this pattern has worked:
An important note: Everything written here is purely my observation based on my experience and analysis of price behavior. Never follow other people's advice blindly, always do your own research.
So now, I'll try to convey to you my view of the charts, let's get started!
The first coin on my list - $APT
As you can see, the token dropped by 68% almost immediately after its launch after which there was rapid growth. In other words, the coin has hit a so-called bottom around 68% of the close of its first candles.
Yes, we are looking at the higher timeframes now as they are more accurate. It's important to use candle bodies, shadows are not as important.
The second one is $SUI
The situation here is similar - a 68% drop followed by a recovery. In both charts, the price bottom was literally in the same range, if we're using percentages.
Okay, you all also know ARB
Nothing changes, after a local top, the price is going for a correction of about -60%. In all cases, we see a solid rise after the dip. Knowing this technique, you can do well in the market if you implement it into your strategy.
The next coin is SEI
Look at this chart! This pattern bears a striking resemblance to past examples.
I'd also like to emphasize a rather old coin - UNI
The price made a 65% drop and quickly bounced back, which can still be attributed to the series of the same model.
A little bonus:
ID dropped by 80%. Yes, a little more than usual but you just look at the growth that happened after!
And now a final, rhetorical question:
Will $NOT repeat this pattern?
I know that there is not much information and it is too early to say. But I dare to suggest this option, maybe it will be a better buying zone.
Let's summarize:
The “-60% pattern” should not be overlooked It's important to use candle bodies Key values are 55%-65% or so Using higher timeframes (1D, 1W)
I've given you new ground to ponder. I hope you found my observations useful and you gain profit from this information in the future. Thank you for reading!
#altcoins
#educational
#notcoin
#PatternRecognition
#TrendingArticle
Here are Top-5 examples of new projects that have come out recently and this pattern has worked:
An important note: Everything written here is purely my observation based on my experience and analysis of price behavior. Never follow other people's advice blindly, always do your own research.
So now, I'll try to convey to you my view of the charts, let's get started!
The first coin on my list - $APT
As you can see, the token dropped by 68% almost immediately after its launch after which there was rapid growth. In other words, the coin has hit a so-called bottom around 68% of the close of its first candles.
Yes, we are looking at the higher timeframes now as they are more accurate. It's important to use candle bodies, shadows are not as important.
The second one is $SUI
The situation here is similar - a 68% drop followed by a recovery. In both charts, the price bottom was literally in the same range, if we're using percentages.
Okay, you all also know ARB
Nothing changes, after a local top, the price is going for a correction of about -60%. In all cases, we see a solid rise after the dip. Knowing this technique, you can do well in the market if you implement it into your strategy.
The next coin is SEI
Look at this chart! This pattern bears a striking resemblance to past examples.
I'd also like to emphasize a rather old coin - UNI
The price made a 65% drop and quickly bounced back, which can still be attributed to the series of the same model.
A little bonus:
ID dropped by 80%. Yes, a little more than usual but you just look at the growth that happened after!
And now a final, rhetorical question:
Will $NOT repeat this pattern?
I know that there is not much information and it is too early to say. But I dare to suggest this option, maybe it will be a better buying zone.
Let's summarize:
The “-60% pattern” should not be overlooked It's important to use candle bodies Key values are 55%-65% or so Using higher timeframes (1D, 1W)
I've given you new ground to ponder. I hope you found my observations useful and you gain profit from this information in the future. Thank you for reading!
#altcoins
#educational
#notcoin
#PatternRecognition
#TrendingArticle
Just sold all my $PEPE
I'm not interested in this memecoin anymore.
I believe now the second wave has started, which is a corrective wave and further decline will be the final third wave.
Because of this, I decided to get rid of it by taking 30% of the profits.
What do you think , guys?
I'm not interested in this memecoin anymore.
I believe now the second wave has started, which is a corrective wave and further decline will be the final third wave.
Because of this, I decided to get rid of it by taking 30% of the profits.
What do you think , guys?
$ETH in the local picture:
Price has bounced back from the resistance zone and successfully tested the imbalance.
We have to look at further reactions depending on what Trump says today at the conference in 3 hours.
But as usual, I can assume that there will be increased volatility, as a result of which I would like to see the asset rise.
So for now there is uncertainty in the market, which a neutral fear and greed indicator can evidence.
Price has bounced back from the resistance zone and successfully tested the imbalance.
We have to look at further reactions depending on what Trump says today at the conference in 3 hours.
But as usual, I can assume that there will be increased volatility, as a result of which I would like to see the asset rise.
So for now there is uncertainty in the market, which a neutral fear and greed indicator can evidence.
$BTC 1 week and 1 day view:
MA50 on the weekly chart is a support for the price and we are still above this line.
MA200 on the daily chart shows us a break of this line and a retest from below.
I think we will see a better price reaction on the weekly timeframe because this is a good strong psychological zone.
So we need to watch for price behaviour in the local picture in the near future.
In the extreme case, the 70k level is the ultimate strong resistance zone.
Let's see what the market will show us soon.
#MarketRebound
MA50 on the weekly chart is a support for the price and we are still above this line.
MA200 on the daily chart shows us a break of this line and a retest from below.
I think we will see a better price reaction on the weekly timeframe because this is a good strong psychological zone.
So we need to watch for price behaviour in the local picture in the near future.
In the extreme case, the 70k level is the ultimate strong resistance zone.
Let's see what the market will show us soon.
#MarketRebound
$BTC closed 2 imbalance zones.
The CME gap was also closed completely.
Now we can wait for the high-profile events for crypto scheduled for March 7.
It is already known that Bitcoin will be included in the US reserve, a fundamental decision that will positively impact the price in the long term.
This month should prove to be positive and green.
#BitcoinReserve
The CME gap was also closed completely.
Now we can wait for the high-profile events for crypto scheduled for March 7.
It is already known that Bitcoin will be included in the US reserve, a fundamental decision that will positively impact the price in the long term.
This month should prove to be positive and green.
#BitcoinReserve
$BTC shows us 3 areas of imbalance:
• 82,000
• 78,000
• 73,500
Just between the first and second zones is the open gap in the CME exchange.
This level will act as a magnet and beckon the price to itself.
At the same time, the level of fear and greed is in the zone of extreme anxiety.
People are afraid to do something on the market, which is good.
#bitcoin
• 82,000
• 78,000
• 73,500
Just between the first and second zones is the open gap in the CME exchange.
This level will act as a magnet and beckon the price to itself.
At the same time, the level of fear and greed is in the zone of extreme anxiety.
People are afraid to do something on the market, which is good.
#bitcoin
$PEPE may not make a new high in this cycle and here's why:
I realized it's a 5 wave rising and 3 wave falling structure.
As you can see, there have already been 5 waves and now comes the 3 wave queue.
According to the rules of Elliott waves, 3 waves of correction should not exceed 5 waves of growth, so wave B can not exceed the last top.
Therefore, I will be making profits from my coins when wave B is formed.
After that, I will wait for a protracted continuation of the correction.
#PEPE
I realized it's a 5 wave rising and 3 wave falling structure.
As you can see, there have already been 5 waves and now comes the 3 wave queue.
According to the rules of Elliott waves, 3 waves of correction should not exceed 5 waves of growth, so wave B can not exceed the last top.
Therefore, I will be making profits from my coins when wave B is formed.
After that, I will wait for a protracted continuation of the correction.
#PEPE
$PEPE is at the lower boundary of the trend.
Explosive growth could happen if the meme sector starts performing again!
If this strong support line holds, the price may rebound and continue its trend movement.
If the market sentiment allows, we could see at least 200% growth.
Does anyone believe in this meme frog?
#PEPE
Explosive growth could happen if the meme sector starts performing again!
If this strong support line holds, the price may rebound and continue its trend movement.
If the market sentiment allows, we could see at least 200% growth.
Does anyone believe in this meme frog?
#PEPE
$BTC shows us 3 areas of imbalance:
• 82,000
• 78,000
• 73,500
Just between the first and second zones is the open gap in the CME exchange.
This level will act as a magnet and beckon the price to itself.
At the same time, the level of fear and greed is in the zone of extreme anxiety.
People are afraid to do something on the market, which is good.
#bitcoin
• 82,000
• 78,000
• 73,500
Just between the first and second zones is the open gap in the CME exchange.
This level will act as a magnet and beckon the price to itself.
At the same time, the level of fear and greed is in the zone of extreme anxiety.
People are afraid to do something on the market, which is good.
#bitcoin
$SOL — perfect execution!
The price clearly reached the marked zone and touched the resistance area.
But now I think it will gradually decline globally and we are unlikely to see a strong upward momentum shortly.
In my view, the asset is well overheated, although I don't rule out a possible positive from ETF application approvals.
Let's see.
The price clearly reached the marked zone and touched the resistance area.
But now I think it will gradually decline globally and we are unlikely to see a strong upward momentum shortly.
In my view, the asset is well overheated, although I don't rule out a possible positive from ETF application approvals.
Let's see.
$SOL formed a Head and Shoulders pattern!
The potential for realization is in the $180 zone.
This is the local chart and the 15-minute timeframe.
There's been a good price drop recently due to various FUD.
But today it looks like we're back in the same range.
Any thoughts, guys?
#solana
The potential for realization is in the $180 zone.
This is the local chart and the 15-minute timeframe.
There's been a good price drop recently due to various FUD.
But today it looks like we're back in the same range.
Any thoughts, guys?
#solana
Do you really think that $ETH won't grow up to the ATH? However, the fact remains that World Liberty Fi continues to accumulate Ethereum in its portfolio.
Trump's family knows what they're doing. They keep buying and buying and even staking their coins.
If you look at the chart, you will realize one important thing: Ethereum has not yet reached its ATH in this cycle.
So for any drawdown, I will accumulate this asset in my portfolio, especially as the big people are doing it.
How soon do you think we'll come to the top?
#Ethereum #WorldLibertyFinancial
Trump's family knows what they're doing. They keep buying and buying and even staking their coins.
If you look at the chart, you will realize one important thing: Ethereum has not yet reached its ATH in this cycle.
So for any drawdown, I will accumulate this asset in my portfolio, especially as the big people are doing it.
How soon do you think we'll come to the top?
#Ethereum #WorldLibertyFinancial
$PEPE is at the lower boundary of the trend.
Explosive growth could happen if the meme sector starts performing again!
If this strong support line holds, the price may rebound and continue its trend movement.
If the market sentiment allows, we could see at least 200% growth.
Does anyone believe in this meme frog?
#PEPE
Explosive growth could happen if the meme sector starts performing again!
If this strong support line holds, the price may rebound and continue its trend movement.
If the market sentiment allows, we could see at least 200% growth.
Does anyone believe in this meme frog?
#PEPE
The market has fallen more than during COVID and FTX!
In the last 24 hours, 734,773 traders liquidated $2.29 billion. The main liquidations were longs - $1.90 billion. The most liquidations were on $ETH - $473 million, and $BTC - $381 million.
The CryptoQuant CEO said that in a few months, we will miss the moment when BTC was below $100,000, meaning he believes in a recovery soon.
Meanwhile, the level of fear and greed is now at 44 - people are afraid to do something.
Are you guys okay?
#MarketPullback
In the last 24 hours, 734,773 traders liquidated $2.29 billion. The main liquidations were longs - $1.90 billion. The most liquidations were on $ETH - $473 million, and $BTC - $381 million.
The CryptoQuant CEO said that in a few months, we will miss the moment when BTC was below $100,000, meaning he believes in a recovery soon.
Meanwhile, the level of fear and greed is now at 44 - people are afraid to do something.
Are you guys okay?
#MarketPullback
$W looks like it's a trend line break.
I tend to think it's a false break.
So I bought this coin on the spot and plan to hold it for a long time.
In my opinion, this is the perfect bottom for it.
There may be increased volatility in the evening due to economic news.
What does the public think?
#Wormhole
I tend to think it's a false break.
So I bought this coin on the spot and plan to hold it for a long time.
In my opinion, this is the perfect bottom for it.
There may be increased volatility in the evening due to economic news.
What does the public think?
#Wormhole
$ETH can fill the imbalance zone in the 2600-2800 area.
In case of a break below 3k, a further move to 2800 is possible.
In the daily timeframe, there is a pattern of Head and Shoulders, which has the potential to be realized in this area.
There is also the Fibonacci golden ratio, which is a large zone of open interest.
In my opinion, there would be a good price there for opening long-term positions.
What does the public think about Ethereum?
#Ethereum
In case of a break below 3k, a further move to 2800 is possible.
In the daily timeframe, there is a pattern of Head and Shoulders, which has the potential to be realized in this area.
There is also the Fibonacci golden ratio, which is a large zone of open interest.
In my opinion, there would be a good price there for opening long-term positions.
What does the public think about Ethereum?
#Ethereum
$BTC is now in the imbalance area and the nearest local target for it will be the 100k zone.
We could see a decoupling of where the price is headed in the near term.
However, the RSI indicator shows a crossing of the sliding bands, so perhaps we should expect a slight decline.
In any case, a good area for resistance is at the 98k level.
Like the rest of January, this week should be volatile and eventful with economic news, so I expect trading volumes to increase for all coins.
#Bitcoin
We could see a decoupling of where the price is headed in the near term.
However, the RSI indicator shows a crossing of the sliding bands, so perhaps we should expect a slight decline.
In any case, a good area for resistance is at the 98k level.
Like the rest of January, this week should be volatile and eventful with economic news, so I expect trading volumes to increase for all coins.
#Bitcoin
$SOL has broken the resistance line and is heading upwards!
A big confident green candle closed well.
A triangle has also formed, the potential of which is at the level of 230 area.
It would be good to see a retest soon to confirm the rise, but if the strength of the move is large, the price may reach that level without confirmation.
This symbolizes an extremely positive mood for the entire ecosystem.
#solana
A big confident green candle closed well.
A triangle has also formed, the potential of which is at the level of 230 area.
It would be good to see a retest soon to confirm the rise, but if the strength of the move is large, the price may reach that level without confirmation.
This symbolizes an extremely positive mood for the entire ecosystem.
#solana
$XRP shows an interesting picture:
I see the formation of a triangle with potential equal to its base.
The Fibonacci Retracement tool shows the same area.
The 1.618 level is a strong psychological level.
Moreover, we need to overcome the ATH at $3.30 first.
So I think with the start of the new year we're in for a continuation of the bull run.
You may also have noticed XRP climbing back up to third place again.
It's only a matter of time before it hits a new high, but I think it will happen soon.
Any thoughts?
#XRPBackInTop3
I see the formation of a triangle with potential equal to its base.
The Fibonacci Retracement tool shows the same area.
The 1.618 level is a strong psychological level.
Moreover, we need to overcome the ATH at $3.30 first.
So I think with the start of the new year we're in for a continuation of the bull run.
You may also have noticed XRP climbing back up to third place again.
It's only a matter of time before it hits a new high, but I think it will happen soon.
Any thoughts?
#XRPBackInTop3
$AAVE hit all the targets and keeps pushing forward!
The price is almost over the $400 mark.
I expect it to reach ATH in the new year.
It's a fundamental altcoin from the Ethereum ecosystem so it will perform well in this run.
Especially now you can see from the chart how bullish the weekly green candles were.
What do you think about this one?
#Aave
The price is almost over the $400 mark.
I expect it to reach ATH in the new year.
It's a fundamental altcoin from the Ethereum ecosystem so it will perform well in this run.
Especially now you can see from the chart how bullish the weekly green candles were.
What do you think about this one?
#Aave
$AAVE hit our 1st target!
I consider the trend upward again as we set a new local high.
Global targets remain the same but perhaps in the local picture, the price will go to look for a new local low.
This is necessary for a full-fledged uptrend to form as we have just come out of accumulation.
#AAVE
I consider the trend upward again as we set a new local high.
Global targets remain the same but perhaps in the local picture, the price will go to look for a new local low.
This is necessary for a full-fledged uptrend to form as we have just come out of accumulation.
#AAVE
$BTC has repeated this pattern!
Almost 4 months ago, I pointed out this scenario and it worked out.
The price walked on the arrow and impulsively went beyond the red resistance zone.
Similar growth of 32% but the fourth quarter of this year is not over yet.
But the fact remains that patterns exist on the market and they can be found on the chart.
Here the situation worked out, we can say, fractally.
Will we break past 100,000 again and succeed in gaining a foothold?
#Bitcoin
Almost 4 months ago, I pointed out this scenario and it worked out.
The price walked on the arrow and impulsively went beyond the red resistance zone.
Similar growth of 32% but the fourth quarter of this year is not over yet.
But the fact remains that patterns exist on the market and they can be found on the chart.
Here the situation worked out, we can say, fractally.
Will we break past 100,000 again and succeed in gaining a foothold?
#Bitcoin
$BTC may repeat the last year's cycle!
Bitcoin rose 30% in the final quarter of last year after breaking through a resistance line.
Right now, the situation looks similar. Let me explain:
First, you can see consolidation forming in Q2-Q3 2023. After leaving this zone, the price began to rise throughout Q4.
Secondly, right now we are in a similar consolidation. This year we can note the formation of the same pattern from Q2 to Q3.
Looking at these analogies we can expect growth in Q4 2024. Apparently, we have to break through the red resistance line and maybe then we will see a rise of 30% or higher.
It is worth noting that an important psychological mark of 100k$ stands at the exit of the marked growth potential.
Coincidence or a pattern?
I don't know for sure but as I pointed out, a lot of factors indicate just that scenario.
So if my observations are correct, we could see the $100,000 mark crossed as early as the end of this year.
Do you believe that Bitcoin will touch $100,000 this year?
#Bitcoin #BitcoinCycles
Bitcoin rose 30% in the final quarter of last year after breaking through a resistance line.
Right now, the situation looks similar. Let me explain:
First, you can see consolidation forming in Q2-Q3 2023. After leaving this zone, the price began to rise throughout Q4.
Secondly, right now we are in a similar consolidation. This year we can note the formation of the same pattern from Q2 to Q3.
Looking at these analogies we can expect growth in Q4 2024. Apparently, we have to break through the red resistance line and maybe then we will see a rise of 30% or higher.
It is worth noting that an important psychological mark of 100k$ stands at the exit of the marked growth potential.
Coincidence or a pattern?
I don't know for sure but as I pointed out, a lot of factors indicate just that scenario.
So if my observations are correct, we could see the $100,000 mark crossed as early as the end of this year.
Do you believe that Bitcoin will touch $100,000 this year?
#Bitcoin #BitcoinCycles
$XAI is up +100% from my last analysis!
The narrow range broke upwards and the trend changed to an upward trend.
Volumes have grown even more in the meantime.
I continue to hold my spot position, which I bought in that consolidation.
I still see great potential for this coin during the alt season.
#XAI/USDT
The narrow range broke upwards and the trend changed to an upward trend.
Volumes have grown even more in the meantime.
I continue to hold my spot position, which I bought in that consolidation.
I still see great potential for this coin during the alt season.
#XAI/USDT
$XAI looks bullish and here's why:
Firstly, it's the chart - the coin has dropped by 90% from its ATH.
A corridor has been formed where volumes are increasing now.
It is a bullish factor and there are divergences on the daily chart.
Secondly, XAI is a project from the Arbitrum team.
Thirdly, XAI at one time also poured well to those who held their node - their validators directly got a dozen Xs, and probably they were the ones who shed the price.
Now, spot-buying looks very attractive from the point of view of both technical analysis and fundamental analysis.
The project is being built by an experienced team with already existing experience.
What do you think about this chart?
#XAI
Firstly, it's the chart - the coin has dropped by 90% from its ATH.
A corridor has been formed where volumes are increasing now.
It is a bullish factor and there are divergences on the daily chart.
Secondly, XAI is a project from the Arbitrum team.
Thirdly, XAI at one time also poured well to those who held their node - their validators directly got a dozen Xs, and probably they were the ones who shed the price.
Now, spot-buying looks very attractive from the point of view of both technical analysis and fundamental analysis.
The project is being built by an experienced team with already existing experience.
What do you think about this chart?
#XAI
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