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.
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.
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
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. 🚀
From the previous support range of $2,814, ETH is now trading above our first target after a retest. There’s a 90% probability it’s heading to the second target. Congrats on our achievement so far, let’s see how the next one unfolds.
Remember #ETHETF is coming up this month and i expect a positive result.
After breaking above major resistance, I have to make few adjustments. Generally, Altcoins are rebounding from their low range. Ethereum is directly aiming our first target, above that range I will be looking for next target above.
I'm expecting a five-wave correction down to my target range below. The first wave is done; let's see if we can get wave 2 up from here before more correction.
Not 100 percent sure about this, but getting prepared. #XRP #xrp #Xrp🔥🔥
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.
Last time we discussed PEPE, it was at our first target range. The pullback we predicted happened yesterday, bouncing up exactly where we anticipated. Let's see how the second uptrend shapes up.
Congrats on our achievements once again! #PEPE #memecion #pepe⚡ #PEPEATH
Wow, from the $135 support level, Sol was just $3 away from our $166 target during this week's rally. Currently bouncing at the previous major resistance range, now acting as support. Let's see if we reach our target.
I'm expecting a five-wave correction down to my target range below. The first wave is done; let's see if we can get wave 2 up from here before more correction.
Not 100 percent sure about this, but getting prepared. #XRP #xrp #Xrp🔥🔥
Chainlink ($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.
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Wow, from the $135 support level, Sol was just $3 away from our $166 target during this week's rally. Currently bouncing at the previous major resistance range, now acting as support. Let's see if we reach our target.
After breaking above major resistance, I have to make few adjustments. Generally, Altcoins are rebounding from their low range. Ethereum is directly aiming our first target, above that range I will be looking for next target above.
TIA bouncing up nicely at our support box, green candles coiling up, this is where the uptrend will begin according to our trend line drawing. #TIA #TIA🔥🔥🔥 #Ethereum_ETFs_Expected_Date
Last time we discussed PEPE, it was at our first target range. The pullback we predicted happened yesterday, bouncing up exactly where we anticipated. Let's see how the second uptrend shapes up.
Nice PEPE rally from our support to the first target range. The retest scenario is now unfolding and could go lower than what’s drawn on the chart. Until then, let’s see how it turns out.
Congratulations on our achievement so far! #memecion #PEPE #PEPEATH #pepe⚡ #PEPE_EXPERT
After breaking through the major resistance range of $58k-$59k, Bitcoin is trading up. We are now a stone's throw away from our target. It's 90% possible we could reach $71k.
Wow, Bitcoin has successfully broken through the major resistance range. This aligns with our lower timeframe chart on Bitcoin. Looks good to me, like I said earlier, this week might be amazing for crypto.