$BTC Analysis updates (Dec.19th)

Bitcoin fluctuated between 90K and 100K for a while, and finally reached a new high of around 108K on December 17. Now a red candle has pulled the price down again. The current price is 101,120 US dollars, and it has begun to retrace upward.

Short-term trade possibility

So BTC is currently facing two possibilities. If the price successfully stays away from 99,726 (see the blue line on the chart), it will challenge the previous high of 108K in the short term; if the price cannot escape the "claw" of 99,726, it may fall back to around 92,061 (see the orange line on the chart), and then retrace upward.

BTC Near future

In the near future, BTC may sprint to 145K. Some trading analysts hold different views from me and believe that BTC can reach a maximum of 120K during this period. No matter what BTC ends up like, we can only wait for time to reveal the answer.

By the way, some analysts also say that BTC has a promising future. They are talking about a longer-term prospect, which is very likely. However, before reaching this promising future, BTC will fall after the highest value of this round. This article also tells you that the highest value of this round may be around 145K, and you should also pay attention to 120K. So when BTC reaches this highest value, you should avoid taking long position.

However, its current volatility looks like being manipulated by a powerful consortium, in order to buy as much BTC as possible between 100K and 90K. Therefore, BTC's volatility around 100K will continue for some time. This statement is actually not suitable for public disclosure, but we can regard this volatility as an opportunity. When BTC falls back to between 90K and 100K, we can consider entry.

If you are a long term investor of BTC, the waves mentioned above, you should not too worried about it, keep focus on your long time goal.

#BTC☀ #Write2Earn!

#BTC100K! 🥂🥂🥂
Guys,celebrate our moment! $BTC 100K! milestone! remember today Dec. 5th 2024.

cheers 🥂

Looking forward for the future🚀🚀🚀

#Write2Earn!

$DOGE Analysis Updates

DOGE achieved impressive results in November, with a 30-day increase of 174.4%. This can be said to be very impressive.

However, it has been fluctuating since November 12, almost 20 days.

So let's take a look at the market situation of DOGE today and talk about its future possibilities.

The current DOGE market price is 0.41733. There is a strong support price below it, about 0.39682.

🐃Positive aspects

As long as the price of DOGE is above 0.39682, it has a strong possibility of rising. Even if it is currently fluctuating, we are not afraid, just wait patiently.

The current price of DOGE is optimistic above 0.39682.
DOGE is currently facing a strong resistance price of around 0.48, which is purely a psychological resistance price.

DOGE is currently in a shock buffer and may be preparing for the next round of sprint to the 0.48 price. If DOGE can successfully cross 0.48 and the backtest is successful. Then DOGE will have no obstacles ahead and may reach $0.74.

Similarly, 0.74 will also be the next challenge. If it can cross 0.74, then we can look at $0.94 and $1.17.

Because right now we are in bull market, I personally think it have strong possibility.

🐻 Negative aspects

Here, I want to say that there is also a strong support price below 0.39682, which is around 0.35570. If the DOGE price hovers between these two strong support prices, it indicates that the oscillation time will be longer, which also increases the variables.

If the price falls out of 0.35570, the situation will not be optimistic for the time being.

It is recommended that you mark the strong support price of 0.39682 and the strong resistance price of 0.48. The reason why these two prices are strong is that they will also be the key prices of DOGE in the future.

#doge⚡ #Write2Earn!

$XRP Analysis Updates

XRP's market value surpassed SOL and then USDT this morning, and now ranks in the top three in market value.

It has to be said that after several years of precipitation, XRP is now "breaking through the ground and rising steadily" in this round of bull market

It started to exert its strength on November 1, and it took only one month to rise from 0.492 to the current 2.443, with an increase of 375.42% in one month.

Now it is the second day of December, and it has surpassed the previous high of 1.9827 US dollars, which can be said to have a bright future.

So at this time, XRP has encountered a small threshold of 2.4425. It may fluctuate for a while, but for its current momentum, it should be easy to cross.

There is a strong support price of about 2.2746 below it, which is also reassuring. Without a big impact, this price will temporarily support the bottom.

So let's talk about the prospects. The possibility I can see is that XRP may rise to the range of 3 US dollars to 3.3 US dollars, and then fluctuate again.

If it can keep full steam, then after successfully crossing the hurdle of $3, it will likely rush to around $4.

At this stage, investors should pay attention to its trend.

#XRPGoal #Write2Earn!

$BTC analysis quick update

BTC had momentum last night, challenging the previous peak of 99588, but was rejected above the trend line.

Because it failed to hold the purple trend line above (see figure), it may fall to 92K-93K.

It may not give up and continue to to challenge the old high.

#BTC☀ #Write2Earn! #MarketInTheGreen

$ETH Analysis Updates

I woke up this morning and took a look at ETH, and found that ETH has run out of the resistance line of the "confinement" range and has completed the test.

Generally speaking, this officially "announces" that ETH has started a bull run.

If the momentum of this round of bull market is sufficient, then we expect ETH to reach 4609, and then the first-level goal will be easy to achieve;

Then the second-level goal, I think it is around 4869;

The third extreme goal may be around 7383, but this depends on how the first and second goals are achieved, and whether the momentum is sustained or increased.

As long as ETH upgrades smoothly, the price around 3553 will become its strong support price for a period of time, that is, it will not easily fall out of 3553 for a period of time.

Happy trading everyone.

#ETH🔥🔥🔥🔥 #Write2Earn! #BullRunAhead

$SUI Analyis Updates

SUI is lucky guy, and all the luck is its own strong foundation. Excellent operation and the bull market caused by the US election have helped it to upgrade to a higher level, that is, it will no longer touch below $2.37. It can now move forward boldly.

SUI's prospects

A week ago, it broke through the 2.37 price line, and the candle that broke out was powerful.

Its current price is 3.3947, and the nearest high is 3.5313, which has increased by 46.79% in 7 days, which is very powerful for SUI.

SUI should be able to exceed $4 by the end of 2024. Even if it encounters a deep retracement, it will be supported at around 2.5, and it may not happen for this period. Anyway, this may be a better prospect for SUI. It will run from a higher starting point next year.

SUI's short-term trading

SUI may reach $3.66 short period time. It is currently running in an upward parallel channel. Because of the strong momentum of the bull market, it will not fall below the price near 3.1531 even if it falls back.

I marked two possible routes, blue and pink, as well as important price, see pic below.

In the blue route - SUI directly reaches around 3.66 US dollars and may exceed the parallel trend line;

In the pink route - SUI goes down to the lower parallel line, touches around 3.1531 and then rises. On the way back, it may encounter "rocks" around 3.3733, then drop to around 3.219 US dollars, and then rise to around 3.66. It may encounter 3.4587 as a small challenge on the way.

But no matter what, I believe in the extraordinary performance of SUI.

Enjoy Bull run everyone.

#SUI🔥 #NextMarketMoves #Write2Earn!

$XRP Analysis Updates (Long term and short term trading)

XRP have been running in the range (0.2994 to 0.7505) from July 13, 2022 till now. The highest price was 0.9647 on July 10, 2023, and then fell back to the range in an instant (see pic 1).

This is a long time for investors to wait, and it is neither good nor bad for traders. It is bad for traders because the small fluctuations mean no big profits; it is good for traders because it follows a pattern in two years, and it is easy to find a kind pattern to trade.

In any case, this article analyzes the history of XRP and then gives my personal speculation on XRP.

First, let's look at the medium- and long-term situation of XRP (see pic 2):

The current price of XRP is 0.5050.

The overall trend of XRP in the future could be an upward trend. It is conservatively estimated that the price of XRP may achieve a 4X increase, and it is very likely to exceed 2 US dollars.

This marathon process may take 26 weeks, which is about half a year.

The current movement trajectory of XRP is to retrace the trend line downward, and then completely reverse the trend after meeting this key price, and change to an upward trend.

The key price is in the range of about 0.4504 and 0.4264.

If you trade XRP frequently, you should mark this price and observe it more.

Finally, take a look at the short-term trading (see Figure 3, 1-h chart).

Currently, XRP is in a downward range. The price trajectory it may follow is marked with pink and blue routes respectively:

If it chooses the pink route: it will go to around 0.4914 and then rise to around 0.5104

If it chooses the blue route: it will rise from the current 0.5050 to around 0.5104, and then turn down.

The 3rd possibility that the price falls out of the range and arrives at the retracement point I just mentioned, around 0.45.

Then 0.5104 is a relatively stubborn resistance price in the current range. You can draw it to assist your trading.

I hope my analysis is helpful to your own analysis.

Happy trading 🙌


#Xrp🔥🔥 #XRPGoal #Write2Earn!

$ENA Analysis Updates

ENA is still on the bullish path, it has a long way to go, and it is not in a hurry. After observing it for a long time, it seems that it can rise 100% in each wave, and then fall 78%, which feels a bit like a roller coaster 🎢.

But don't forget that its overall price is increasing in a step-by-step manner.

Let's take a look at its data and find out some possible movement trajectories.

At present, ENA has entered the rising parallel line interval, please see the picture. At the same time, ENA currently respects the support price of 0.3222, which means that no matter how heavy the rain is in the near future, ENA will hold at 0.3222.
If you often trade ENA, this price can be marked, which will be very effective recently.

Then on the chart, I marked the pink route and the blue route. This is ENA in the parallel interval, which I personally think is the most likely route.

When I was analyzing, the current price was 0.3732.

Pink route: From the current price of 0.3732, it rises to around 0.5326, and then falls to around 0.3754;

Blue route: From the current price of 0.3732, it first falls to around 0.3222, then rises back to around 0.5326, and then falls or rises.

No matter ENA choose which route,which is not completed immediately, and it may take about 15 days to achieve. Haha, yes. This is a preliminary estimate. In trading, patience can bring profits.

I hope my analysis is helpful for your trading analysis.

Happy trading

#ENAUSDT🚨 #enatradeup #Write2Earn!

$SUI Analysis Updates

SUI ran very well last month, and it can be said that everyone is paying attention to it. At this time, it is only in the retracement period. As for the price it will retrace to, different analysts give different opinions, and there are also different opinions.

In any case, its base price is definitely a step higher than last year. Starting from a higher step, it should run farther and farther.

Moreover, the retracement of SUI will not fall straight down instantly, and assets will take an N-shaped line or a wave-like route with ups and downs.

At present, I will talk about my views on the short-term situation and trend of SUI.

At this moment, the price of SUI is 1.9384. It has retraced 38% of the recent band. It may continue to run down to the support price of 1.8888, and it may even fall to the vicinity of 1.84, and then rebound and rise.

There may be two nodes for the rebound price:
Around 1.9991
and around 2.04

I hope my analysis will help your trading analysis.

Happy trading everyone.


#SUI🔥 #Write2Earn!

$BTC Analysis Updates Oct.30

BTC broke through the cage that had blocked it for more than 200 days two days ago, which definitely is a cause for celebration. I wonder if BTC fans have opened a bottle of wine to celebrate.

At this moment today, the price of BTC is 72468, and then it has stagnated a bit. If we look carefully at Chart 1, we will find that BTC reached a temporary peak of 73620 in the afternoon of yesterday, which is basically the same as its peak price on March 13 this year (the previous peak price was 73756). After March 13, BTC entered a long-term range, and it could not go up or down.

And today BTC hit this key price again.This time, I think it is optimistic. BTC has bid farewell to the 68k stage. At this moment what it needs to do is to challenge 73600 again in 200 days, and then completely leave it behind.

So in these few days, BTC may be brewing its ability to challenge again.

Its lowest retracement support price may be around 69613,
followed by around 70239,
followed by around 71461,
and finally around 72258.

If it develops upward, the short-term high may be around 74119.See Figure 2

The results of the US election will be announced soon. I personally think that no matter who is elected, BTC will rise because the United States has decided to link the economy and cryptocurrency. This may be its only way out for now.

Finally, I hope my analysis will be helpful to your trading analysis.

Happy trading everyone.

#BTCBreak71K #BTC☀ #CryptoPreUSElection
#Write2Earn!

$ETH Analysis Update

It is interesting to look at the charts of Bitcoin and Ethereum. They have coincidentally replicated the same path over the past two days, see BTC in pic. 2 and ETH in pic. 1.

However, the overall situation of ETH is completely different from Bitcoin.

ETH is still moving in the triangle range mentioned in Previous analysis post, and it has been almost a week.

In any case, ETH will move in the triangle area for the time being. This is actually very easy for traders to trade because we roughly know its range of activity.

The range price are about 2673 and around 2380. (see pic.3 and 4)

hope my analysis can help your trading analysis.

Happy trading everyone.

#ETH🔥🔥🔥🔥 #Write2Earn!

$BTC Analysis Update (Trading ideas)

It took two days for Bitcoin to show a temporary direction, falling out of the upward blue parallel line(see pic1).

But it is very strongest token and it is not so easy to fall immediately. It will hover for a while around its upper limit price of more than 200 days.

So recently BTC may walk in the price range and refuse to disperse. And this range could be between 68000 and 64838.

I marked several key price points in this range for your analysis reference only:

67903 (a strong resistance value that trapped it for more than 200 days),
67477,
66722 and 66162 (relatively strong support prices),
and the temporary lowest support value is around 64838.

Hope my analysis can help your trading analysis.

Happy trading everyone.

#BTC☀ #Write2Earn!

$BTC Analysis Updates (Trading ideas very near future)

BTC has been stuck in this range for a long time. Since BTC reached 73646 on March 24, it has been moving in this range. As of today, it has been more than 200 days.

At 7.15pm today, BTC broke through the stubborn resistance value of 67892, and it retreated again. But there is enough information for me to analyze its recent possibility.

At this stage, BTC is likely to be limited in its pace to run in the blue parallel upward small range.

BTC's recent high value may be around 68693, and the recent low value will be around 67291.

If it falls out of the parallel range, there may be a support price around 66802.

Let's wait and see the movement of BTC.

Happy trading everyone and good luck to BTC and us.

#BTCSoarsTo68K #BTC☀ #BTCUptober #Write2Earn!

$ETH Analysis Updates (trading ideas)

ETH is the first super token to fall out of the locked-in range. The overall trend is currently down. But from the chart, it did not choose to fall all the way down, so there is still a chance of turning around.

But the buyers and sellers are in a battle again, and this time a triangle is formed. On the chart, I also marked the range where the ETH price struggle will occur in the next few days with two red triangles (ranging between about 2673 and 2380).

This period may be very exhausting. But in any case, any fight will have a result, or a short-term result, yes, up or down?

If the seller wins, then the price will fall out of the triangle, and the support price below is around 2018.

If the buyer wins, then the price will rush upward, and the short-term target can be seen to be around 2895 US dollars.

The results could take few days to show.

Hope my analysis can help your trading analysis.

Happy trading everyone.

chat soon.

#ETH🔥🔥🔥🔥 #ETHETFsApproved #etherreum #Write2Earn!

$SUI Analysis Updates (trading ideas)

The current highest price record of Sui is 2.29. This shows that this Sui bull run is coming with great momentum and will have strong stamina.

However, as of today, it needs a chance to take a breather. We know that the price cannot keep going up, it needs to rest and then challenge again.

Therefore, on weekends when everyone is resting, SUI also tends to choose to adjust and pull back.

The pullback prices I can personally see are around 2.19, 2.12 and 2.06, and the current lowest may be around 1.9 (I've marked them on the chart)

If SUI has chance continues to challenge strongly, its upper limit in the short term may be 2.3 to 2.4.

Yes, SUI's full momentum has raised SUI's base price to a higher level.

Happy trading and happy weekend.

#SUI🔥 #Write2Earn! #SUIHitsATH

$BTC Analysis updates (trading ideas)

Bitcoin is still in a retracement, and the retracement should end soon. From what I can see, the retracement may choose between these two price points to make a choice for next step. (I marked price on chart)

First, around 62412;
second, around 62200.

If it eventually falls below 62200, it means that BTC's retracement has failed. The first possibility is that there may be weekend fluctuations with a small price range.

The second possibility is that it may return to the downward trend.

If the retracement test is successful and the two prices mentioned above are successfully turned around, then BTC may move forward without worries. Then may continue the probability move in my
yesterday's analysis post

Happy trading and happy weekend.

#BTC☀ #Write2Earn!