$BTC
Bitcoin BTCUSD recorded one of its strongest quarters in the past three years in Q1, but analysts warn this could lead to significant volatility in the lead-up to the Bitcoin halving.
"Be prepared for some screwy price action as we head into the halving," crypto analyst Phoenix Desmond told his 11,700 X followers in a post on April 3.
Bitcoin experienced a 64% price increase during the first quarter of 2024-Jan. 1 to March 31 its third-best quarter over the past three years.At the beginning of the quarter, it stood at $44,172 on Jan. 1, and by the quarter's end, it had reached $71,255.
However, Desmond argues that the consistent pattern of outperforming price performance in weekly and monthly closings signals unprecedented market conditions.
"Never before have we seen such a strong weekly, monthly, and quarterly close above previous ATH only to retrace so far so fast," Desmond declared.
In the last two weekly closes, on March 17 and March 31, Bitcoin surged by 6.09%, climbing from $67,234 to $71,333, as per Yahoo Finance data.
The Bitcoin halving is just 16 days away set to happen on April 20 and is stirring speculation it could trigger further upward movement in the second quarter of 2024, due to the expected supply shock.
However, investor sentiment regarding the short-term direction of Bitcoin's price seems to be rather neutral.
Over the past 24 hours, liquidations on both short and long positions remained fairly balanced, at $16.27 million and $16.77 million respectively, as per CoinGlass data.

$BAT Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.

The market has a good small cap that has now retraces more than 23% of the previous wave in the weekly time after a complex combination correction that has bottomed in the 0.15 range, which has met demand and is currently in an important supply zone. After its failure, it will have the ability to move to the specified goals.

According to the momentum and upward guard and the failure of the previous supply area and the sub-swing, the closest target will be the 0.44 range.

▲ In addition, if the candle closes below the 0.2440 area, the movement scenario should be updated

$BTC Bitcoin continues to flirt with the 70K resistance zone (blue rectangle on chart) and has followed the first leg of my previous chart illustration. With the halving coming very soon, there continues to be over exaggerated claims of Bitcoin "going to 100K by next month" nonsense. Again stop listening to people, LISTEN TO PRICE.
First, realize that my analysis and perspective is for the short term trader. NOT the investor. My time horizon for my articles is typically 1 to 2 WEEKS out. As a quick note, when prices are flirting with all time highs, and looks its best, it is usually NOT a good time to be investing, especially with leveraged products.
As for scenarios for this week: you will notice an arrow pointing to the previous all time high and a blue rectangle between 73,500 and 76,500 AREAS. This is the high probability bearish reversal zone of fake out zone. If Bitcoin is going to fake out, this area is where it is most likely to begin. Watch for bearish pin bars, bearish engulfing candles, etc on the larger time frames. Keep in mind if price is pushing into the 76K area, it is going to get a LOT of attention by the hype machine. Meanwhile these are highly vulnerable prices for longs.
IF price retraces from this area, it can still considered a B wave, and can find support in the 64K to 60K support areas. it is more likely to consolidate recent gains rather than become a "bear market". Many forces are in play simultaneously and it would take a major catalyst to surprise the market in order to initiate a "bear market" or a broader correction.
As of now, there is a new swing trade long signal in effect from the 70,500 area. Since it is appearing inside a resistance zone, it is less than ideal and carries greater risk. This could be the beginning of the push the 73K test and fake out scenario I just described.
Another important thing to note: similar to the reversal zone from 73,5 to 76.5, there is a larger magnitude zone (not on this chart) that spans as high as 83K. Which means over the next few MONTHS,

$SAND The Sandbox is a blockchain-based platform that offers creative and decentralized gaming experiences. SAND combines DAO, Metaverse, and NFTs to usher in a new era of gaming.

In the weekly time, it has made a mixed correction, which after 50% correction of the previous wave has faced demand in the range of 0.27, and now with the failure of the dynamic trigger and a correction and a pullback, it has a growth up to the supply area and neck line. Therefore, I expect that after completing the corrective lag, it will face demand and advance towards the target.

▲ The invalidity zone of the analysis is the range of 0.39, and penetration and stabilization below that analysis will be invalidated.

$LOKA League of Kingdoms Arena is a strategic game governance token with a small market cap, with almost half of its tokens in circulation.

After a mixed correction at the bottom of the range of 0.16, demand is met. Currently, it has done a full movement cycle in the form of wave 1, and after the correction of wave 2, this moving wave of wave 3 or upward C can continue its growth after breaking the dynamic trigger to the specified areas. Therefore, according to the momentum of the wave, we should witness the failure of the dynamic trigger for the specified goals.

$RVN In the daily and weekly time, after a complex correction in the range of 0.01343 after the bottoming, it has started a motivational wave, which has already penetrated above it after breaking the sub-swing and the resistance range.

This wave can touch the specified targets after stabilizing above the green box.

This moving wave of wave 3 is smaller than the 3 waves, after which I expect this wave to touch the first red box.

▲ If it penetrates and stabilizes under the green box, this scenario will be invalidated.

$FTT In the daily and weekly time, after a deep correction, it recovered a full movement cycle and then corrected the previous wave in the form of a double correction of 0.23 fibo. It is currently completing the microwaves, wave 2 of 3.

Therefore, I expect that no new floor will be created in the first phase.

In the second phase, this movement can continue its growth at least up to the range of 4.74. If it can break the first target, this ascending wave 3 or C will have the ability to reach the resistance targets specified on the chart. However, moving up to Fibo 1.618 can move the important supply area and the beginning of a deep correction.

▲ In addition, if it penetrates and stabilizes below Fibo 0.23, this movement scenario will be invalid.

Sup:1.50

Tp1: 4.74

Tp2: 9.16

Tp3: 20.84

Tp4: 29.52

$CAKE In time 1W, after a zigzag correction, it will have the ability to rise to the targets specified in the chart by breaking the dynamic trigger and pullback to it by breaking the most important neck line resistance. According to the current motivational wave, this step can be fast. But its first supply zone will be in the range of 4.8 to 5.4 dollars.#TrendingPredictions #cakeusdt

$IOTX In the previous post, it was mentioned about the movement of the currency in the weekly time. In this post, it is moving in a medium-term ascending channel in daily time. After the high strength failure of the supply area, pullback to the broken structure is currently being completed. Therefore, it is expected that this pool will be completed in the green box area, and in the first phase, it will be supplied to the next area, and after its failure, it will be able to grow to the next area. If the behavior and structure of the post changes, it will be updated.

Sup: 0.04880
Tp 1:0.07940 ~ 0.08550
Tp2 0.14045~0.15067
#TrendingPredictions #IOTXUSD

$KSM According to the analysis of the previous post, both targets are touched with the support of $40. Again, after touching the bottom of the channel, there is a demand that will be able to break this supply area to the $59 range. But in the daily and weekly time, it is in the 5th rising wave, which will at least have the ability to reach the previous supply range or the previous major ceiling. After completing this cycle in the weekly time, if the $100 area is broken, its path will be paved to the $250 area to continue climbing.
#TrendingPredictions #KSM/USDT

Sup:50
Tp 1:59
Tp2: 64
Tp3:81-87

$OP In the daily and weekly time, it is moving in an ascending channel, where three-wave movements are evident inside the channel. At present, with the failure of the major ceiling, it can continue its upward path by completing the pullback to the specified limits and the ceiling of the ascending channel. In the last part of this movement, it can be completed with another short correction and enter the continuation of its upward wave to the areas of divergence. But if it cannot maintain the range of the ceiling, it will have the possibility of correction to the bottom of the ascending channel.#HotTrends #opusdt

$SKL In the daily time, after the floor in the range of 0.019, it has entered a motivational upward phase, which is facing a correction with the failure of the dynamic trigger and the specified supply area, which is supported in the green box area where a break has occurred. It will grow up to the next supply area. Otherwise, it can continue up to the range of the dynamic correction trigger, which will make it difficult to continue the upward path.

$ONE According tlo the previous analysis, the currency of Harmony One reached its target. Currently, it is in the microwaves of rising wave 3, which can increase this wave to 0.063. to continue But in the higher time, it is expected that the started wave will return at least 100% of its previous wave to the area of $3.27. But in short-term goals, the specified supply areas can be considered as profit limits.

$ALGO In the weekly and daily times, after going through a complex correction cycle, it finally entered a motivational wave in the range of 0.082 with a floor, which is currently breaking the dynamic pullback to the structure, which is a retest to the supply area. has also had Therefore, with floor construction in the area, it will have the ability to grow to the next supply area of 0.39, and after its failure, the path to the next supply area will be smooth.#HotTrends #algo

$SOL
According to the previous analysis, it is currently in the ascending wave 5, which can continue until the 2.618 area or the next supply area. Let's do that update. But for now, a short-term trend can be imagined for it.
#HotTrends #sol #sol #HotTrends

$SUSHI According to now, after the break of the pre-resistance range and the dynamic trigger, it can now touch the suggested areas after the pullback to the area. Therefore, if the specified range will have a green box and a dynamic trigger as a color role to achieve the specified goals. But if the range of the green box is broken, this analysis will be invalid and the alternative scenario should be checked and the post updated.#HotTrends #SUSHIUSD

$XRP In the weekly time, a complex behavior and movements are forming in the ascending phase, which, according to the overall structure, is in the form of an ascent from the beginning of the movement. According to the bottom of the 0.10 range, a 5-wave structural correction has been formed and the upward movement has also gone through a complex cycle and completed this correction in the form of a three-wave at the 0.38 fibo of the previous wave. Therefore, according to the movement behavior in the form of a super cycle, it should be in the 3rd wave of its super cycle. The invalidity limit of the analysis is 0.2867, which can lead to correction of this movement structure up to 0.23 Fibo. Therefore, according to the current structure, which is a complex upward movement in the form of 3 waves, and sharpie movements can be seen from it, it will have the ability to grow up to the specified areas and even higher goals up to the limits of 13-18 and 34 dollars. which should be reviewed and updated step by step. But in the lower time, it will have the ability to grow up to the supply area and then up to the previous major ceiling.
#HotTrends #XRP/BTC

$BTC Bitcoin almost reached an all-time high, but not yet. Wait for it; it will go above the previous ATH from 2021 pretty soon! And what happens after that? A lot of people will start buying the new all-time high, the news will be full of articles, and retail trades will buy the peak. Whales need liquidity, especially on BTC, so they will trigger a massive crash after that. I am expecting a 33% crash back to 50,000 - 47,000. But first, Bitcoin should hit 72,000 - 73,000.

From the Elliott Wave perspective, we have almost completed wave (3) of the entire bull market, and we are going to experience wave (4) soon. Then I am expecting wave (5) to finish the bull market; sometimes wave (5) can be super-extended and stronger than wave (3).

What's more, we have a huge unfilled fair value GAP below the current price, as you can see on my chart. These gaps tend to be filled sooner rather than later.

My suggestion for you is to wait for much lower prices. Buy Bitcoin at around 48,000 - 50,000. Do not FOMO in!

Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
#HotTrends #BTC

$KLAY In the 1W time, a complex correction and confirmation of the 0.1077 floor broke the dynamic trigger, which, if fixed above, will have the ability to grow to the specified areas. Considering the momentum in the weekly time and the failure of the trigger with a Marabouzo candle, it shows the strength of the buyer to continue the trend, which can experience at least 50% to 150% growth.
#HotTrends #KLAY/USDT

$IOTX In this post, it is moving in a medium-term ascending channel in daily time. After the high strength failure of the supply area, pullback to the broken structure is currently being completed. Therefore, it is expected that this pool will be completed in the green box area, and in the first phase, it will be supplied to the next area, and after its failure, it will be able to grow to the next area. If the behavior and structure of the post changes, it will be updated.

Sup: 0.04880

Tp 1:0.07940 ~ 0.08550

Tp2: 0.14045 ~ 0.15067
According to the presented analysis, it has continued to grow after the correction in the green box area to the red box area, which has experienced more than 80% growth in 7 days.
#HotTrends #IOTXUSD