CorrectionWaves
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Bitcoin is currently trading at its all-time high of 72800
Bitcoin broke the $69000 heavy resistance area
Here all traders are in high LONG positions and we will see a downside liquidation soon
Be careful
Stay alert.
#HotTrends #BTC #CorrectionWaves
Bitcoin broke the $69000 heavy resistance area
Here all traders are in high LONG positions and we will see a downside liquidation soon
Be careful
Stay alert.
#HotTrends #BTC #CorrectionWaves
Don't Sell Your Alt coins, Keep holding themm , be patient
$BTC $SOL $XRP
#CorrectionWaves #BTC #HotTrends #crashed
$BTC $SOL $XRP
#CorrectionWaves #BTC #HotTrends #crashed
People are panicing over a correction that hasn't even been major. Do yall not remember previous runs?
The longer we run up, the more we need to come down. It's the only way to keep the market healthy. We see a few 40% crashes every bull run. Sure ETF:s have messed things up, but the idea stays the same.
BTC correction so far is minimal. I've been expecting levels around 49k-53k, and we're still far. You can't breathe in if you don't breathe out. Many alts have bled their 40%, but I feel a bit more is incoming.
When you keep half your stash in BTC and ETH, life is a lot easier. Pick established alts for 30%, and do your experimenting with the rest.
This is crypto. Don't be stupid. Don't fomo around futures with a finger in your arrs. Hold and learn, and only after you've done a bullrun with all the blood and glory can you start learning about leverage.
100k incoming, just give it time. The halving just took place. $ETH $BTC #crashmarket #dumpalert #CorrectionWaves #bullruniscomming #etf
The longer we run up, the more we need to come down. It's the only way to keep the market healthy. We see a few 40% crashes every bull run. Sure ETF:s have messed things up, but the idea stays the same.
BTC correction so far is minimal. I've been expecting levels around 49k-53k, and we're still far. You can't breathe in if you don't breathe out. Many alts have bled their 40%, but I feel a bit more is incoming.
When you keep half your stash in BTC and ETH, life is a lot easier. Pick established alts for 30%, and do your experimenting with the rest.
This is crypto. Don't be stupid. Don't fomo around futures with a finger in your arrs. Hold and learn, and only after you've done a bullrun with all the blood and glory can you start learning about leverage.
100k incoming, just give it time. The halving just took place. $ETH $BTC #crashmarket #dumpalert #CorrectionWaves #bullruniscomming #etf
"Attention followers! The Bitcoin correction has come to an end, and the market bleeding is over. Get ready to see green charts soon. Hold tight and stay tuned for exciting developments ahead!"
#BitcoinHalvingMagic #CorrectionWaves #corrections
#BitcoinHalvingMagic #CorrectionWaves #corrections
#RUNE 4hr. Chart Analysis
$RUNE [ThorChain] at present going to Bullish trend after the update news and it will be moving under #ElliottImpulsiveWave and after completed its final Wave recently, it was starts moving towards first #CorrectionWaves formally as well.
From $3.1 at 7th Nov., its #ElliottWaveTheory starts and grown upto $6.68 around and finally now its correction wave starts that will be finish out approx. $4.5 to $4.3 before next week start-up with new cycle.
Lets see, whats the actual points of movements at every cut-off points but major chances that it will be take a correction before another #Bullish trend towards next ride of $13-$15 next time.
Always DYOR before investing or Trading and use Stoploss into Tradings too, Its NFA 🙏
$RUNE [ThorChain] at present going to Bullish trend after the update news and it will be moving under #ElliottImpulsiveWave and after completed its final Wave recently, it was starts moving towards first #CorrectionWaves formally as well.
From $3.1 at 7th Nov., its #ElliottWaveTheory starts and grown upto $6.68 around and finally now its correction wave starts that will be finish out approx. $4.5 to $4.3 before next week start-up with new cycle.
Lets see, whats the actual points of movements at every cut-off points but major chances that it will be take a correction before another #Bullish trend towards next ride of $13-$15 next time.
Always DYOR before investing or Trading and use Stoploss into Tradings too, Its NFA 🙏
🔔🔔!! NEW signal: SUI/USDT 🔔🔔
Leverage: 15x
Direction: SHORT📉
Entry: 2.21-2.20
DCA around: 2.25
Stop: 2.3
TP1: 2.17(25%)
TP2: 2.12 (25%)
TP3: 2.07 (25%)
TP4: 2.01 (25%)
SUI is currently facing the weekly channel resistance for the third time. A bearish divergence has formed on the daily RSI, and it's in the overbought zone, approaching a potential double-top area. A retest of the $1.90 level would provide a healthier setup for a continuation of the bull run
#RSIDivergence #SUI #CorrectionWaves
Leverage: 15x
Direction: SHORT📉
Entry: 2.21-2.20
DCA around: 2.25
Stop: 2.3
TP1: 2.17(25%)
TP2: 2.12 (25%)
TP3: 2.07 (25%)
TP4: 2.01 (25%)
SUI is currently facing the weekly channel resistance for the third time. A bearish divergence has formed on the daily RSI, and it's in the overbought zone, approaching a potential double-top area. A retest of the $1.90 level would provide a healthier setup for a continuation of the bull run
#RSIDivergence #SUI #CorrectionWaves
**BTC Update: Double Top Rejection & Signals Correction Ahead**
#TrendingTopic
Recent movements in the Bitcoin market have raised concerns among investors, as BTC experienced a double top rejection, indicating a potential correction ahead. This rejection occurred as BTC failed to break through a key resistance level, signaling a shift in momentum.
While Bitcoin has seen remarkable growth over the past year, with prices reaching new all-time highs, it's important to acknowledge the possibility of corrections in the market. Corrections are natural occurrences in any financial market and often serve as healthy adjustments to the rapid price appreciation.
As BTC enters a correction phase, it's crucial for investors to exercise caution and consider risk management strategies. Diversifying portfolios, setting stop-loss orders, and staying informed about market trends can help mitigate potential losses during volatile periods.
Despite short-term fluctuations, the long-term outlook for Bitcoin remains positive, with many analysts projecting continued growth and adoption. However, it's essential for investors to stay vigilant and adaptable in response to changing market conditions.
Stay informed and stay safe in your investment decisions. Remember to do your own research and consult with financial experts before making any significant moves in the market.
#DYORAlways #BTC #ETH #CorrectionWaves
#TrendingTopic
Recent movements in the Bitcoin market have raised concerns among investors, as BTC experienced a double top rejection, indicating a potential correction ahead. This rejection occurred as BTC failed to break through a key resistance level, signaling a shift in momentum.
While Bitcoin has seen remarkable growth over the past year, with prices reaching new all-time highs, it's important to acknowledge the possibility of corrections in the market. Corrections are natural occurrences in any financial market and often serve as healthy adjustments to the rapid price appreciation.
As BTC enters a correction phase, it's crucial for investors to exercise caution and consider risk management strategies. Diversifying portfolios, setting stop-loss orders, and staying informed about market trends can help mitigate potential losses during volatile periods.
Despite short-term fluctuations, the long-term outlook for Bitcoin remains positive, with many analysts projecting continued growth and adoption. However, it's essential for investors to stay vigilant and adaptable in response to changing market conditions.
Stay informed and stay safe in your investment decisions. Remember to do your own research and consult with financial experts before making any significant moves in the market.
#DYORAlways #BTC #ETH #CorrectionWaves
Why Dogecoin (DOGE) Price is Down Today: Overbought Signals and Profit-Taking
Why Dogecoin ($DOGE ) Price is Down Today: Overbought Signals and Profit-Taking
According to Cointelegraph: Dogecoin ($DOGE ) is down today as traders capitalize on recent gains from the “Trump trade.” After reaching its highest level in five months, DOGE’s price correction suggests a profit-taking trend among traders following Donald Trump’s election win.
DOGE Rally Shows Signs of Overheating
DOGE’s price fell by about 14% from a local high of $0.218, settling around $0.188 on November 7. The price dip comes as DOGE’s daily Relative Strength Index (RSI) crossed above 70, signaling an “overbought” condition. This RSI threshold often suggests that bullish momentum may be waning, leading to potential short-term pullbacks as the rally cools off. Additionally, DOGE’s recent RSI peak of 74.91 is lower than the October 9 high of 79.57, creating a divergence that could indicate weakening buying momentum.
DOGE Futures Reflect Market Indecision
DOGE’s pullback coincides with a volatile futures market. Following Trump’s win, DOGE recorded around $63.83 million in liquidations, with nearly equal amounts in long and short positions. This balance of long and short liquidations indicates a turbulent market, with traders on both sides experiencing sharp price swings. High volatility in DOGE futures may prompt some traders to quickly lock in profits, contributing to today’s price retreat.
DOGE Correction Risks and Key Resistance Zone
Today’s decline aligns with a recurring pattern as DOGE tests a long-standing resistance zone. This resistance level has served as a ceiling for DOGE since November 2021, with each test resulting in major corrections of 60% to 80%. If DOGE fails to break through, it risks a similar pullback, with the 50-week EMA at $0.120 potentially acting as a downside target for 2025.
However, a decisive breakout above this resistance could pave the way for another rally, potentially reaching $0.221 by 2025, particularly if Trump’s pro-crypto stance and hype around Elon Musk’s hypothetical Department of Government Efficiency (D.O.G.E.) drive fresh momentum.
#Doge #CorrectionWaves #Market_Update #DogecoinPredictions
According to Cointelegraph: Dogecoin ($DOGE ) is down today as traders capitalize on recent gains from the “Trump trade.” After reaching its highest level in five months, DOGE’s price correction suggests a profit-taking trend among traders following Donald Trump’s election win.
DOGE Rally Shows Signs of Overheating
DOGE’s price fell by about 14% from a local high of $0.218, settling around $0.188 on November 7. The price dip comes as DOGE’s daily Relative Strength Index (RSI) crossed above 70, signaling an “overbought” condition. This RSI threshold often suggests that bullish momentum may be waning, leading to potential short-term pullbacks as the rally cools off. Additionally, DOGE’s recent RSI peak of 74.91 is lower than the October 9 high of 79.57, creating a divergence that could indicate weakening buying momentum.
DOGE Futures Reflect Market Indecision
DOGE’s pullback coincides with a volatile futures market. Following Trump’s win, DOGE recorded around $63.83 million in liquidations, with nearly equal amounts in long and short positions. This balance of long and short liquidations indicates a turbulent market, with traders on both sides experiencing sharp price swings. High volatility in DOGE futures may prompt some traders to quickly lock in profits, contributing to today’s price retreat.
DOGE Correction Risks and Key Resistance Zone
Today’s decline aligns with a recurring pattern as DOGE tests a long-standing resistance zone. This resistance level has served as a ceiling for DOGE since November 2021, with each test resulting in major corrections of 60% to 80%. If DOGE fails to break through, it risks a similar pullback, with the 50-week EMA at $0.120 potentially acting as a downside target for 2025.
However, a decisive breakout above this resistance could pave the way for another rally, potentially reaching $0.221 by 2025, particularly if Trump’s pro-crypto stance and hype around Elon Musk’s hypothetical Department of Government Efficiency (D.O.G.E.) drive fresh momentum.
#Doge #CorrectionWaves #Market_Update #DogecoinPredictions
#Bitcoin Daily chart analysis
It's $BTC last cycle towards downtrends around $62k-63k approx. within next 4-5 days and after that, $BTC starts moving towards their Uptrend cycle of #BullRun , with Amazing Zig-Zag mode of some little bit of Ups-Downs as per #Elliott Impulsive Wave.
This Wave starts from 5-7 August onwards, and goes upto Feb. 2025 for 7-8 months and then its another #CorrectionWaves starts afterwards of #ElliottWaves pattern of 0-1-2-3-4-5 & 0-A-B-C.
So, take little bit of more patience and just be ready for a big ride of Crypto Market Bull-Run, moving soon with #Altcoins market too.
And, always Trade with StopLoss and DYOR before investing into any type of Crypto Assets. NFA 🙏
It's $BTC last cycle towards downtrends around $62k-63k approx. within next 4-5 days and after that, $BTC starts moving towards their Uptrend cycle of #BullRun , with Amazing Zig-Zag mode of some little bit of Ups-Downs as per #Elliott Impulsive Wave.
This Wave starts from 5-7 August onwards, and goes upto Feb. 2025 for 7-8 months and then its another #CorrectionWaves starts afterwards of #ElliottWaves pattern of 0-1-2-3-4-5 & 0-A-B-C.
So, take little bit of more patience and just be ready for a big ride of Crypto Market Bull-Run, moving soon with #Altcoins market too.
And, always Trade with StopLoss and DYOR before investing into any type of Crypto Assets. NFA 🙏
LIVE
AskToRahulSingh
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Bearish
#Bitcoin Daily Chart Analysis
As per 1-day chart analysis, $BTC performing well as per my previous perdictions, already posted and mentioned below in chart with its last Lower-Low, soon around $52k to $48k, while Bitcoin already completed its second-final mark of $53.5k that lies between $55k to $52k as per given charts.
So, you will need to take some more patience upto july month end, to completing its last Lower-Low Cut off mark and then from august onwards, Bitcoin will starts moving slowly sideways with #Altcoins rally starts and slowly from sept. onwards fully mode of BullRun 2024-25 cycle will be starts into their finally new #ElliottImpulsiveWave , that's moving upto next 7-8 months...!
Anyways,
always #DYOR before investing in Crypto and Trade with using of #StopLoss at this situations.
As per 1-day chart analysis, $BTC performing well as per my previous perdictions, already posted and mentioned below in chart with its last Lower-Low, soon around $52k to $48k, while Bitcoin already completed its second-final mark of $53.5k that lies between $55k to $52k as per given charts.
So, you will need to take some more patience upto july month end, to completing its last Lower-Low Cut off mark and then from august onwards, Bitcoin will starts moving slowly sideways with #Altcoins rally starts and slowly from sept. onwards fully mode of BullRun 2024-25 cycle will be starts into their finally new #ElliottImpulsiveWave , that's moving upto next 7-8 months...!
Anyways,
always #DYOR before investing in Crypto and Trade with using of #StopLoss at this situations.