is NOT being patient and buying the top of a cycle.
That's where I want to help.
SEI has been one of the best performers during this all season, and I don't think we've seen the top yet.
But it's still important to know which levels you might be able to buy.
Flag pattern which is considered a bullish continuation pattern. The next major resistance is betwen $0.74 and $0.88. I want to see a break above. I don't want to see a break below $0.55 as that would mean a prolonged correction into these two interesting buying areas at $0.46 and $0.35
--- Spend just 10 minutes a week and shift from crypto losses to wins:
Join the fastest-growing crypto newsletter (free)👇 https://onchainedge.beehiiv.com/subscribe
$Pyth got rejected a few times at $0.43 which is proving to be a resilient resistance. The bullish trend is dimishing (shown with the blue bars becoming red). This means we are seeing a bit of a distribution phase. An area I would like to buy is at $0.31 and $0.27. I will also buy if there is a blue triangle buy signal. Another confirmation is a break above the $0.43 resistance.
Price: Approximately $0.385 USDMarket Cap: Approximately $579,397,755.43
Description: Pyth Network is a cryptocurrency that operates on the Solana platform, launched in 2021. It aims to provide a decentralized financial market data distribution network and is part of the Solana ecosystem, categorized under "Oracles".
Spend just 10 minutes a week and shift from crypto losses to wins:
Join the fastest growing crypto newsletter (free)👇 https://onchainedge.beehiiv.com/subscribe
ALT experienced a very strong token launch going from $0.28 to $0.45 in just a few days. Since the peak there has been quite a bit of consolidation with $ALT at $0.38
A break above the previous ATH can easily bring ALT to 0.50
Support 1 -> 0.38 If there is a correction i'm interested in buying at $0.34 and then at $0.32
One of the best things about ALT is that the ticker is very memorable and reminds people of ALTcoins.
Follow me for more chart analysis. Like and reshare so people see this.
5 Actionable Steps to Get a 60% Better Price on Your Next Crypto Investment
In 2015, 2018, and 2020, $BTC dropped to a very specific level each time.
You can find out what this level is through something called Fibonacci retracements.
What Are Fibonacci Retracements? They are special levels on a price chart that help predict where Bitcoin's price might go next. They act as potential spots where the price might stop and change direction.
How to Use Fibonacci in Crypto Trading: - Find the Highs and Lows: Look for the highest and lowest prices of Bitcoin on a chart. - Draw the Fibonacci Lines: On TradingView, use a tool to draw lines from the lowest price to the highest. - Key Levels to Watch: Focus on 0.382 and 0.618 levels. These numbers can give clues about where the price might go.
Why Fibonacci Works: Many traders watch these levels and make decisions based on them, which can influence how the prices move.
Extra Tips: - Look out for "Golden Pockets." These are very important levels for decisions about buying or selling. - Find new altcoins, especially those with low market caps on big exchanges.
Simple Steps to Follow: - Pick a Crypto: Choose one based on trends or solid basics. Use Bigger Charts: Look at daily or 3-day charts on TradingView for a clear view of longterm trend. - Use a 4h to 12h timeframe for shorter term trends. - Use the Fibonacci Tool: Identify the high and low points, and apply Fibonacci retracements to see important levels. - Set Alerts: Use TradingView to get notified when the price hits these Fibonacci levels.
Start buying into the crypto when it hits these levels, spreading out your purchases. So, Fibonacci retracements are just a way to guess where Bitcoin's price might go by looking at past patterns.
Read the full newsletter here: https://onchainedge.beehiiv.com/p/5-actionable-steps-get-60-better-price-next-investment-using-fibonacci-tool
The red dots indicate some selling pressure but it doesn't mean Manta can't make a new ath. A break above $3.87 means a move towards the next resistance $4.68.
If we see a correction $2.76 is a good place to accumulate.