Update on SHIBA INU: Top Choice for the Upcoming Memeseason
Our targets for Shiba Inu’s uptrend are set. Currently, $SHIB is at support and has the potential to break above the trendline resistance, setting the stage for a potential surge to our targets.
Bitcoin has been surging over the past few weeks. Soon, money will start flowing into altcoins, especially meme coins, as investors seek new opportunities for quick gains, leading to another meme season spike.
When this happens, SHIB, one of the most influential coins in the meme sector, could become the next top choice for investors seeking big pumps.
Link followed my first uptrend scenario and has been pumping since yesterday. The retest isn't confirmed yet, but there's a 90% possibility for more highs as it's forming a head and shoulders pattern. A break above $14.683 will lead to more highs.
Chainlink ($LINK) is currently trading above the support zone, with the potential for a retest back to support before continuing its uptrend. Our target range remains above $19, indicating a significant bullish momentum.
Stay tuned for more updates as we monitor $LINK’s performance.
Pepe is forming a bullish head and shoulders pattern on the higher timeframe chart. The retest is ongoing and it could go lower or spike up from here, but the main focus is on an uptrend target yet to be reached.
Link followed my first uptrend scenario and has been pumping since yesterday. The retest isn't confirmed yet, but there's a 90% possibility for more highs as it's forming a head and shoulders pattern. A break above $14.683 will lead to more highs.
Yes! Bitcoin has successfully broken through the resistance box above, clearly the low we talked about in the previous post has been removed and all focus will be on this uptrend to 71k-72k. #Bitcoin #Bullish #crypto_trading #BITCOIN
LIVE
Mails
--
Ανατιμητική
Bullish Update on Bitcoin: Plan Ahead of the New Week
_____
Bitcoin price has been up since the $63,500 low. Here are my key areas to watch:
- I’m watching for a break above the red shaded box that could push price to 71k.
- "Must hold" the support line, otherwise the two targets below are possible places to find support.
Overall, $BTC is still bullish, we must pay attention to this crucial levels to keep track of this trend, good luck to us!
Our chart on $SATS, a #memecoin token paying homage to Satoshi, has been up since my last post. The next significant move will be the wave 3 uptrend. Fasten your seat belts; #SATS is about to take off 🚀.
SATS, a BRC-20 #memecoin token that pays homage to Satoshi, the smallest unit of Bitcoin. As seen in the chart, SATS has bottomed again and has been up since yesterday. Targets are above if the support level holds. Good luck to us on #SATS.
Bitcoin after reaching my target range from 56k level of our initial post is now trading within the first target line. More Liquidity target at the yellow range of 70k-72k. Bitcoin remains bullish on this higher timeframe until that liquidity is cleared.
Yes! Finally at the first line of our target range. Liquidity forming above suggests it could reach 71k-72k as mentioned earlier. Next candle forming, maybe a three bar play. 🚀
After breaking out of the red resistance line, we saw a rejection. The market is now declining. Could it be this low scenario? It looks like it, but nothing is confirmed yet. If we break above the recent high, it could go up. Otherwise, it will continue this low retest.
Link followed my first uptrend scenario and has been pumping since yesterday. The retest isn't confirmed yet, but there's a 90% possibility for more highs as it's forming a head and shoulders pattern. A break above $14.683 will lead to more highs.
Still following our chart, after a large pump from support, $PEPE has been consolidating between the second and third target. As one of the ETH-related tokens, the #EthereumETF could influence its rise to our final target.
Pepe is back to the third target range again after solidly maintaining support exactly as drawn with the price channel movement. Can’t wait for Pepe to reach our final target soon.
Still stuck after hitting the first target. Yesterday, the #EthereumETF started trading live. Not much significant impact, similar to Bitcoin ETF after few days of launch. From our 3 hours chart, ETH will reach our target soon.
From the top accumulation box where I predicted Ethereum would deviate, we saw a decline that touched the liquidity box below. Could this be the low? I guess not, but I'm still watching. A break above the accumulation box might lead to more highs.
Currently in the accumulation zone, I expect Ethereum to consolidate at the liquidity box of the FVG range below. From there, I expect Ethereum to reach $3,835 and potentially higher, considering the likely positivity of the #ETHETF launching tomorrow. #ETH_ETFs_Approval_Predictions #ETH
Ethereum ETF launch coming up today, market declining, some of my longs got stopped out while $ETH and $BTC leads the fall show just like the Bitcoin ETF era, nothing has changed, it’s same old pattern to create fear so you can sell, then boom 💥🚀 after few days.
Ethereum ETF Launch: What to Expect and Potential Market Impacts
Introduction to Ethereum ETFs An Ethereum Exchange-Traded Fund (ETF) is an investment vehicle that tracks the price of Ethereum, allowing investors to gain exposure to $ETH without having to hold the cryptocurrency directly. These ETFs trade on traditional stock exchanges, providing a more accessible way for traditional investors to enter the cryptocurrency market. What is the Expected Price Impact? The launch of an Ethereum ETF is anticipated to have a significant impact on Ethereum's price. Historically, similar products, such as Bitcoin ETFs, have led to increased market participation and liquidity. With more institutional investors entering the market, Ethereum could see a notable rise in price and trading volume. Analysts suggest that the ETF approval may result in a bullish trend for Ethereum, driven by heightened investor interest and market confidence. Prospects of the Ethereum ETF Approval The SEC has recently approved filings from major firms like BlackRock, Fidelity, VanEck, ARK Invest, and Grayscale. Each of these firms has submitted S-1 filings, which are necessary for regulatory compliance before the ETFs can be traded. The approval process, which also includes 19b-4 filings, indicates that these ETFs could be listed as soon as late July. Firms and Their Filings Several prominent firms have submitted their filings for Ethereum ETFs: - BlackRock: Filed an S-1 and disclosed a seed investment of $10 million, with the ETF trading under the ticker "ETHA". - VanEck: Proposed a fee of 0.20%, one of the lowest in the market, to attract investors. - Franklin Templeton: Announced a competitive fee of 0.19%. - 21Shares US LLC: Sponsored the 21Shares Core Ethereum ETF with a seed investment of $340,739. What Investors Should Expect Investors can expect increased market activity and potentially higher volatility as the ETF launches. The involvement of major institutional players like BlackRock and Fidelity suggests a robust inflow of capital into Ethereum. The competition among firms to offer the lowest fees will likely benefit investors by providing more cost-effective options. The SEC’s focus on improving market regulation and addressing investor protection concerns also indicates a stable environment for these investment products. Conclusion The launch of Ethereum ETFs marks a significant milestone in the integration of cryptocurrency with traditional finance. Investors should stay informed about the regulatory developments and market reactions to optimize their investment strategies. With the approval of these ETFs, the Ethereum market is poised for substantial growth, attracting both retail and institutional investors. #ETH_ETFs_Approval_Predictions
Still holding the red line that seems to be a strong support for CFX. Ideally, if it continues to stay above the red line below, it could reach the target range above.