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Timechain Coder
@TimechainCoder
Crypto trading, fundamental & technical analysis and technology.
My posts and shares are not investment / financial advice (DYOR).
In Liquidity We Trust!
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Bull Season Price Targets Series: Requests from Followers - INDEX
👋Hey!
Unlike my social media posts, in addition to majors, here I'm planning to analyze your #altcoins with medium and low market caps too! I'll provide mid-to-long term price targets for the bull season. 🔥
If you are interested, don't forget to follow and share the #altcoins that interest you in the comments! 👊
👀To easily track your #altcoins I will list the analyzed ones collectively under this INDEX and list them in alphabetical order so they can be easily found.
🤟You'll also see what
Unlike my social media posts, in addition to majors, here I'm planning to analyze your #altcoins with medium and low market caps too! I'll provide mid-to-long term price targets for the bull season. 🔥
If you are interested, don't forget to follow and share the #altcoins that interest you in the comments! 👊
👀To easily track your #altcoins I will list the analyzed ones collectively under this INDEX and list them in alphabetical order so they can be easily found.
🤟You'll also see what
PINNED
Hello, Binance Square!
I've been wanting to share more #crypto-focused content on this platform for a long time, and today I finally got the chance to start. 😎
👉 What are we going to do? 👀
We will analyze the general situation of the crypto market up-to-date and draw our general directionWe will discuss the current technologies in the crypto worldMajor coins such as $BTC , $ETH , $BNB , $XRP, $SOL will always be on our radarUnlike my social media posts, here we will also examine #altcoins with medium and low marke
👉 What are we going to do? 👀
We will analyze the general situation of the crypto market up-to-date and draw our general directionWe will discuss the current technologies in the crypto worldMajor coins such as $BTC , $ETH , $BNB , $XRP, $SOL will always be on our radarUnlike my social media posts, here we will also examine #altcoins with medium and low marke
$PEPE You can follow the explanations I wrote in my previous post, they are still valid.
It rose to the red line but could not break, it remained as a retest of the decline as the current view. This level needs to be broken.
It rose to the red line but could not break, it remained as a retest of the decline as the current view. This level needs to be broken.
$PEPE It could not break the declining resistance and make a new higher high, also lost the S-R flip zone (green box) and followed a movement as expected between the levels I marked below.
The only positive situation right now is that it is holding above 0.00001733. Closing below here could bring another decline that big. That's why it's a very important level.
A bounce up to 0.000018 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.00001975
The only positive situation right now is that it is holding above 0.00001733. Closing below here could bring another decline that big. That's why it's a very important level.
A bounce up to 0.000018 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.00001975
$PNUT seems to have bounced from the OTE region in the correction of the big rise. It seems to have made a CHoCH in 4H and turned its direction upwards and if the double bottom formation works, the target is 0.98 but there is the 4H Supply Zone (the bottom red box) that it must overcome first.
However, the old high in the Daily is very high (red line - 1.4037) and the start of the daily uptrend is not confirmed until the candle body closes above here.
Again, there is another important region (the top red box) when it comes to this level. This region is the exact midpoint of the big rise and has worked as support many times before and had a bigger decline in its last break. Therefore, this region should be won with voluminous candles. Otherwise, it is expected to work as an important resistance before the new daily high.
However, the old high in the Daily is very high (red line - 1.4037) and the start of the daily uptrend is not confirmed until the candle body closes above here.
Again, there is another important region (the top red box) when it comes to this level. This region is the exact midpoint of the big rise and has worked as support many times before and had a bigger decline in its last break. Therefore, this region should be won with voluminous candles. Otherwise, it is expected to work as an important resistance before the new daily high.
$BTC I see some people are asking what happened to $BTC . There is no difference from what I wrote two days ago. In the first stage, I indicated the level that it must stay above with a white dashed line for a reversal and said that it must break the red line for CHoCH (4H).
Since it could not stay above the first level and make a new Higher High (HH), the direction is still downwards in the internal structure.
Now the red line has been moved down to 99,540 for 4H. Nothing has changed for the day. The red box above is a 4H Supply Zone and it needs to break it and make a new ATH.
Since it could not stay above the first level and make a new Higher High (HH), the direction is still downwards in the internal structure.
Now the red line has been moved down to 99,540 for 4H. Nothing has changed for the day. The red box above is a 4H Supply Zone and it needs to break it and make a new ATH.
$BTC The last scenario is occurring. The price has reached the order block.
The bounce up to the dotted white line is a retest of the decline in the internal structure and not a reversal confirmation.
A new higher high with the candle body closing above the red line is a must for a reversal and is the most suitable level for this place because it swept away the liquidations.
If the decline continues, these levels will change. If the candle closes below 94,150, the decline may deepen.
The bounce up to the dotted white line is a retest of the decline in the internal structure and not a reversal confirmation.
A new higher high with the candle body closing above the red line is a must for a reversal and is the most suitable level for this place because it swept away the liquidations.
If the decline continues, these levels will change. If the candle closes below 94,150, the decline may deepen.
You're welcome 🤝
big thanky you Timechain Coder 🙏 I also asked for RNDR! PLUR
🙏
really a cool and simple guy with nice analysis and a helping mindset 🕊️
Bull Season Price Targets Series: Requests from Followers - $RENDER - #Render
Last Update: 2024-12-22 UTC
$RENDER
#Render
⭐Tokenomics
Market Cap (MC): $3.74B
Fully Diluted Valuation (FDV): $4.65B
Total Supply: 532.45M RENDER
Max Supply: 644.16M RENDER
Supply in Circulation: 517.69M RENDER - 80.36% of Max Supply
👉Token Unlocks
No big amount of new tokens from now on. During the coming months, just 0.04% - 0.09% of the total supply will be unlocked regularly every month until December 2030.
Unlock Schedule
Upcoming Unlock Events
👀Inflation
Market Cap Change
Pr
$RENDER
#Render
⭐Tokenomics
Market Cap (MC): $3.74B
Fully Diluted Valuation (FDV): $4.65B
Total Supply: 532.45M RENDER
Max Supply: 644.16M RENDER
Supply in Circulation: 517.69M RENDER - 80.36% of Max Supply
👉Token Unlocks
No big amount of new tokens from now on. During the coming months, just 0.04% - 0.09% of the total supply will be unlocked regularly every month until December 2030.
Unlock Schedule
Upcoming Unlock Events
👀Inflation
Market Cap Change
Pr
According to some, we had a big crash, according to others, there are good corrections and good buying opportunities.
Everyone will experience something good or bad depending on the outcome of their own choices. Therefore, one should act responsibly and without spreading FOMO or FUD to anyone.
This is my situation in spot.
What did you do in these deep corrections in the last month or two?
- Panic selling?
- Being able to buy coins that you could not find the opportunity to buy?
- Adding to existing coins at good levels?
- What else?
$ETH $ENA $XRP
Everyone will experience something good or bad depending on the outcome of their own choices. Therefore, one should act responsibly and without spreading FOMO or FUD to anyone.
This is my situation in spot.
What did you do in these deep corrections in the last month or two?
- Panic selling?
- Being able to buy coins that you could not find the opportunity to buy?
- Adding to existing coins at good levels?
- What else?
$ETH $ENA $XRP
Yes, and those people probably think that this is also a chance. Even if the price were to return to that level, how many eras would be passed in between and there would be tons of trading opportunities.
despite everybody saying it would go back to 0,7 or even 0,5 it looks comfy around 2$ to me 🤔
$EIGEN #EigenLayer
$EIGEN
It's currently looks mid-term positive, bounced from the 50-day moving average (yellow curve) after sweeping the liquidity and holding above 3.775 which is a mid-term S-R flip level.
To reverse the medium-term correction, it is necessary to break the red box and stay above 4.5.
A breakout of the upper green box can be used as a preliminary signal, and a breakout of the middle green box can disrupt the positive picture for a while.
It's currently looks mid-term positive, bounced from the 50-day moving average (yellow curve) after sweeping the liquidity and holding above 3.775 which is a mid-term S-R flip level.
To reverse the medium-term correction, it is necessary to break the red box and stay above 4.5.
A breakout of the upper green box can be used as a preliminary signal, and a breakout of the middle green box can disrupt the positive picture for a while.
$ENA #Ethena
$ENA made a Daily Golden Cross about a month ago and rose rapidly without making any serious corrections after that.
It is healthy for the market to make such corrections under the pretext of its general condition. Still, it is performing better than the market in general.
The green box area above is one of the most important turning points of the positive / negative view cycle. As long as it remains above here, it can be viewed positively. In addition, the 50-day moving average (yellow curve
It is healthy for the market to make such corrections under the pretext of its general condition. Still, it is performing better than the market in general.
The green box area above is one of the most important turning points of the positive / negative view cycle. As long as it remains above here, it can be viewed positively. In addition, the 50-day moving average (yellow curve
$ETHFI Wonderful Example of Wyckoff Accumulation IMO
It feels good to see the chart trending in line with the analyses planned and prepared weeks/months ago.
$ETHFI
Green box at the current level is around SOS level in Phase D and looks to be close to entering Phase E and starting a new expansion.
In the crypto world, anything is always possible. For this, we should also consider when the plans we have designed will be invalid and stop loss.
Invalidation: If the price closes below 1.68 for a few days and starts to be permanent, I accept this
$ETHFI
Green box at the current level is around SOS level in Phase D and looks to be close to entering Phase E and starting a new expansion.
In the crypto world, anything is always possible. For this, we should also consider when the plans we have designed will be invalid and stop loss.
Invalidation: If the price closes below 1.68 for a few days and starts to be permanent, I accept this
Current Outlook for the Crypto Market
In periods when prices fall and rise very quickly, we need to pull the time frames a little higher and look. Supports and resistances in higher time frames corresponds to stronger supply/demand areas, so they are more likely to work than lower time frames, and in this sense, it is important to follow them.
Now let's look at the general view. 👀
👉 #TOTAL
$3.3T -$3.35T (middle green box) S-R flip level was daily major support and couldn't manage to hold. It now needs to hold above this level f
Now let's look at the general view. 👀
👉 #TOTAL
$3.3T -$3.35T (middle green box) S-R flip level was daily major support and couldn't manage to hold. It now needs to hold above this level f
$PEPE It could not break the declining resistance and make a new higher high, also lost the S-R flip zone (green box) and followed a movement as expected between the levels I marked below.
The only positive situation right now is that it is holding above 0.00001733. Closing below here could bring another decline that big. That's why it's a very important level.
A bounce up to 0.000018 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.00001975
The only positive situation right now is that it is holding above 0.00001733. Closing below here could bring another decline that big. That's why it's a very important level.
A bounce up to 0.000018 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.00001975
$PEPE short term
If it can break the red declining resistance line, I have marked the upper targets.
The green box is a significant medium term S-R flip support area. If this support is broken, lower levels should be expected, which I have marked below.
Triangular area and the Bollinger Bands are also tightening. A move to either side could come soon.
If it can break the red declining resistance line, I have marked the upper targets.
The green box is a significant medium term S-R flip support area. If this support is broken, lower levels should be expected, which I have marked below.
Triangular area and the Bollinger Bands are also tightening. A move to either side could come soon.
$DOGE Since it could not make a new higher high after the trend break, it followed a movement as expected between the levels I marked below.
It got first bounce from the indecision candle region, but the wick is not deep enough yet. Therefore, it may want to wick deeper or it may reverse directly if it's enough, we do not know. If it only closes below this box, the next support levels are very low and we do not want that.
A bounce up to 0.3396 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.3652.
It got first bounce from the indecision candle region, but the wick is not deep enough yet. Therefore, it may want to wick deeper or it may reverse directly if it's enough, we do not know. If it only closes below this box, the next support levels are very low and we do not want that.
A bounce up to 0.3396 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.3652.
$DOGE short term
After the rising channel was broken, it could not win the 0.4247 level. Here is both both the channel bottom and the retest level of the downward swing in the inner structure.
If it closes with candle body above here in the inner structure, there will be an upward change of character and we can expect a movement towards the red box.
If it cannot break here, we expect a continuation of the decline towards the liquidation levels I marked below. The most major support area is the green box area.
After the rising channel was broken, it could not win the 0.4247 level. Here is both both the channel bottom and the retest level of the downward swing in the inner structure.
If it closes with candle body above here in the inner structure, there will be an upward change of character and we can expect a movement towards the red box.
If it cannot break here, we expect a continuation of the decline towards the liquidation levels I marked below. The most major support area is the green box area.
$SOL has pulled back to the retest level after breaking the long-term accumulation range. The green box support is very important for this.
It should remain above the green box for the continuation of the medium-term positive outlook. Most of the liquidation has been swept away. Even if it wicks below, closings should not be made below. Otherwise, the decline may deepen and a declining trend line and lower liquidation zones can be expected.
We continue to look for a new higher high in the internal structure for reversal confirmation. Currently, this level is 212.14
It should remain above the green box for the continuation of the medium-term positive outlook. Most of the liquidation has been swept away. Even if it wicks below, closings should not be made below. Otherwise, the decline may deepen and a declining trend line and lower liquidation zones can be expected.
We continue to look for a new higher high in the internal structure for reversal confirmation. Currently, this level is 212.14
$XRP is holding up better than the market average and is still above the trendline after re-wicking the imbalance zone and sweeping the liquidation.
I had shared my key levels in previous post for the change of character and market structure break and it is still far from them.
We continue to look for a new higher high for reversal confirmation. Currently, this level is 2.4317
I had shared my key levels in previous post for the change of character and market structure break and it is still far from them.
We continue to look for a new higher high for reversal confirmation. Currently, this level is 2.4317
$XRP short and mid term
The area where it wicked and received support in the last decline is positive, the imbalance area I shared in the previous analysis and it was filled. Here is also the golden ratio of the last swing in the internal structure.
Also, after breaking the declining trend resistance, it was the third retest and remained above it.
Although the 30-day rising trend was broken and could not be regained, according to price action and liquidation concepts, there is no problem as long as it is not permanent under the green box.
In the possibility of the short-term decline continuing, wicking below the 1.96 level and immediately closing the candle above it again may provide good buy/long opportunities.
A 4H close above 2.73 should be seen to confirm that the correction is over.
The area where it wicked and received support in the last decline is positive, the imbalance area I shared in the previous analysis and it was filled. Here is also the golden ratio of the last swing in the internal structure.
Also, after breaking the declining trend resistance, it was the third retest and remained above it.
Although the 30-day rising trend was broken and could not be regained, according to price action and liquidation concepts, there is no problem as long as it is not permanent under the green box.
In the possibility of the short-term decline continuing, wicking below the 1.96 level and immediately closing the candle above it again may provide good buy/long opportunities.
A 4H close above 2.73 should be seen to confirm that the correction is over.
$ETH I said that the middle green box may not work on the next visit and it would be better to look at the daily order block below. The price reached here.
A bounce up to the dotted white line is a retest of the decline in the internal structure and is not a confirmation of a reversal.
A new higher high where the candle body closes above the red line is a must for a reversal.
If the decline continues, these levels will change. If the candle closes below 3,252, the decline may deepen to the lower liquidation and perhaps we can see a wick below the 3,000 level.
A bounce up to the dotted white line is a retest of the decline in the internal structure and is not a confirmation of a reversal.
A new higher high where the candle body closes above the red line is a must for a reversal.
If the decline continues, these levels will change. If the candle closes below 3,252, the decline may deepen to the lower liquidation and perhaps we can see a wick below the 3,000 level.
$ETH short and mid term
$ETH has dropped back below the daily medium-term downtrend resistance and is attempting to regain that level. Let's do some price action analysis to assess the likely direction.
The reaction from the green box region in the middle is positive, but the RSI side still does not approve the rise with the current momentum. There is a hidden negative divergence in the RSI in the 4H and above time frame.
👉For the continuation of the rise:
Technically, in order to say that the upward movement has started, the lower red box supply zone must be broken, but personally I prefer to see a candle body close above the upper red box.
👀Why?
Because this region is the optimal trade entry region for the continuation of the decline after the correction of the last downward swing movement, and at the same time, a supply zone has formed and overlapped in the 4H and below time frame. It is likely to work stronger than the lower supply zone.
The 3,987 that I mentioned as our most important resistance in the previous analyses I shared also points to the same level, and as you can guess, these formations are not by chance.
If the decline continues, if the last pinned upper green box does not work, the lower green box support is available as the daily bullish order block in the higher time frame.
I don't really care about formations, but for those who want to look at it formation-based, the target of the double top formation (the formation equivalent of what we call a swing failure pattern in price action) that caused the decline above is approaching the liquidation level I marked at the bottom, and I hope it doesn't work.
The reaction from the green box region in the middle is positive, but the RSI side still does not approve the rise with the current momentum. There is a hidden negative divergence in the RSI in the 4H and above time frame.
👉For the continuation of the rise:
Technically, in order to say that the upward movement has started, the lower red box supply zone must be broken, but personally I prefer to see a candle body close above the upper red box.
👀Why?
Because this region is the optimal trade entry region for the continuation of the decline after the correction of the last downward swing movement, and at the same time, a supply zone has formed and overlapped in the 4H and below time frame. It is likely to work stronger than the lower supply zone.
The 3,987 that I mentioned as our most important resistance in the previous analyses I shared also points to the same level, and as you can guess, these formations are not by chance.
If the decline continues, if the last pinned upper green box does not work, the lower green box support is available as the daily bullish order block in the higher time frame.
I don't really care about formations, but for those who want to look at it formation-based, the target of the double top formation (the formation equivalent of what we call a swing failure pattern in price action) that caused the decline above is approaching the liquidation level I marked at the bottom, and I hope it doesn't work.
$BTC The last scenario is occurring. The price has reached the order block.
The bounce up to the dotted white line is a retest of the decline in the internal structure and not a reversal confirmation.
A new higher high with the candle body closing above the red line is a must for a reversal and is the most suitable level for this place because it swept away the liquidations.
If the decline continues, these levels will change. If the candle closes below 94,150, the decline may deepen.
The bounce up to the dotted white line is a retest of the decline in the internal structure and not a reversal confirmation.
A new higher high with the candle body closing above the red line is a must for a reversal and is the most suitable level for this place because it swept away the liquidations.
If the decline continues, these levels will change. If the candle closes below 94,150, the decline may deepen.
$BTC Short Term
I will not go into yesterday's interest rate cut and macroeconomic issues because I am trying to progress this place only with a crypto focus. Those who are interested in general financial issues, macroeconomics, stock markets, commodities, etc. can take a look at my X account that I run with the same user account.
First, let's summarize what happened and then look at the price action side a little.
$BTC hit our target that I shared before and made #ATH , and then yesterday's developments made a wick under the trend and like in the previous examples, the trend below liquidation was swept and the price held on to the trend again.
- Is the movement we are seeing now positive?
Yes
- So can the decline come again?
That is also yes
- Why and how?
Let's see...
When we look at the chart as a line chart (without wicks), we see that the trend is still working well and there seems no need to calibrate.
But I am trying to progress with the basics of price action, liquidation and smart money concepts rather than trend lines. I think you cannot have a better guide than these when you go down to lower time frames. I look at general chart formations and trend lines as a leading indicator / forecasting assistant in the middle and high time frames and they are not my first priority.
The grey box is our previous bullish swing and this is our area of interest.
The current movement is the correction movement of the previous bullish swing (for now). If you look at the graphs I shared before, it turned exactly from the area I gave as support and this level was a liquidation level, and it swept it.
What should we follow?
👉Now we have the supply area that I gave with the red box in front of us. I expect the price to rise to here. The reaction it will give here will show the continuation of the movement. If it can break this area, it will probably make an #ATH like the targets I shared before.
If it cannot break here, it will indicate that the correction movement in our area of interest is not over yet and we will see the continuation of the decline.
There are two scenarios here:
👉1) If the price comes back to the wick levels in this last decline and makes a quick return after the wick as it is now, we may not wait for further decreases because the remaining liquidation will also be cleared and we will have received the return confirmation with the double bottom formation.
👉2) In this case, if there are not enough buyers left since the liquidation at the old wicked level has been cleared, it will probably go down to the liquidation level below and the order block. If the rise continues from here, we will be following the reversal candle formations.
When we see permanent candle closings under the green box below, then we start to evaluate that the bullish character has changed on the daily time frame (CHoCH and MSB) and there may be deeper declines.
First, let's summarize what happened and then look at the price action side a little.
$BTC hit our target that I shared before and made #ATH , and then yesterday's developments made a wick under the trend and like in the previous examples, the trend below liquidation was swept and the price held on to the trend again.
- Is the movement we are seeing now positive?
Yes
- So can the decline come again?
That is also yes
- Why and how?
Let's see...
When we look at the chart as a line chart (without wicks), we see that the trend is still working well and there seems no need to calibrate.
But I am trying to progress with the basics of price action, liquidation and smart money concepts rather than trend lines. I think you cannot have a better guide than these when you go down to lower time frames. I look at general chart formations and trend lines as a leading indicator / forecasting assistant in the middle and high time frames and they are not my first priority.
The grey box is our previous bullish swing and this is our area of interest.
The current movement is the correction movement of the previous bullish swing (for now). If you look at the graphs I shared before, it turned exactly from the area I gave as support and this level was a liquidation level, and it swept it.
What should we follow?
👉Now we have the supply area that I gave with the red box in front of us. I expect the price to rise to here. The reaction it will give here will show the continuation of the movement. If it can break this area, it will probably make an #ATH like the targets I shared before.
If it cannot break here, it will indicate that the correction movement in our area of interest is not over yet and we will see the continuation of the decline.
There are two scenarios here:
👉1) If the price comes back to the wick levels in this last decline and makes a quick return after the wick as it is now, we may not wait for further decreases because the remaining liquidation will also be cleared and we will have received the return confirmation with the double bottom formation.
👉2) In this case, if there are not enough buyers left since the liquidation at the old wicked level has been cleared, it will probably go down to the liquidation level below and the order block. If the rise continues from here, we will be following the reversal candle formations.
When we see permanent candle closings under the green box below, then we start to evaluate that the bullish character has changed on the daily time frame (CHoCH and MSB) and there may be deeper declines.