$BTC If there are no surprises, BTC will eventually reach 100,000. What should we pay attention to when it reaches 100,000?
1. At the 100,000 position, there are sell orders on Binance: 99K/300 coins, 99.5K/400 coins, and 100K/1500 coins, etc. If you have orders, it's reasonable to sell a portion in advance to secure some profits in this range.
2. Although the funding rate on Binance is only 0.01%, other exchanges have already reached around 0.03%. In a bull market, this rate is not high, but after reaching 100,000, many retail investors may FOMO into the market (Oh, I missed the train before it hit 100,000, so I should chase it now). At this time, we need to pay attention to the funding rate.
3. Similar to the second point, if FOMO drives the market to chase long positions, and the market prepares to kill the bulls, it usually results in a long wick in a bull market, which could lead to a 10%-20% pullback. If there is a chance to pull back to 85,000, this would definitely be a good opportunity to increase positions or enter the market.
$ALGO There is a rising harmonic pattern on the 1-hour level. If it does not drop below 0.256 (assuming it is not dragged down by BTC), I believe we can look bullish towards 0.33, so everyone should know how to set the stop loss, right?
$BTC First, pay attention to the support situation at the upper edge of the yellow zone between 85000~90000. As long as this holds, there is a chance for a rebound. It was previously mentioned that if the daily level drops sharply to 85000, one must enter the market to seize the opportunity. Although it hasn't reached 100,000 yet, it feels like there is a slight difference. However, in the Chicago futures market, it has actually reached 100,000. In addition to the above, the funding rate must be monitored. When the funding rate increases, it indicates that more people are chasing the market. Therefore, it is necessary to pay attention to the sharp drop that washes out long positions.
$ALGO There is a rising harmonic pattern on the 1-hour level. If it does not drop below 0.256 (assuming it is not dragged down by BTC), I believe we can look bullish towards 0.33, so everyone should know how to set the stop loss, right?
$BTC Although there has been a brief decline over the past few days, it is actually a good thing, as it continuously consolidates at high prices to absorb the selling pressure of the spot market. Currently, the triangular convergence is reaching its final stage and about to break out. If it effectively breaks through the wedge, we can expect to witness 100,000 this week.
$ALGO The support at 0.205 is obviously effective. I personally believe that the horizontal support is greater than the support of the channel diagonal line. Currently, there is a continuous repeated breakout of the wedge pattern within a wide fluctuation. Now I will observe whether it can stabilize at the channel center. If it can stabilize, I believe there is a high probability it will reach around 0.232.
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$ALGO It was mentioned last time that it would drop to around 0.205. From the 1-hour small scale in the chart, there is a horizontal support level, which is being suppressed by the downward trend line towards the end of the channel, about to move in a direction. The ideal situation is to break through the downward trend line upwards after the support holds. However, if it breaks below the support to the bottom of the channel, it will be important to observe the bottom and the horizontal support near the position of 0.2.
$ALGO It was mentioned last time that it would drop to around 0.205. From the 1-hour small scale in the chart, there is a horizontal support level, which is being suppressed by the downward trend line towards the end of the channel, about to move in a direction. The ideal situation is to break through the downward trend line upwards after the support holds. However, if it breaks below the support to the bottom of the channel, it will be important to observe the bottom and the horizontal support near the position of 0.2.
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$ALGO Currently in a wide-ranging upward channel, from the 4-hour level, I will first pay attention to whether the EMA20 can effectively rebound, which is around the 0.205 position. If it continues to fall, I will look at the bottom of the upward channel and horizontal support (around 0.2 situation), combined with the liquidation map. If there is a sharp dip, it might clear out the bulls and provide an opportunity to re-enter.
Additionally, I would like to specifically mention that sometimes analysis is on point, but if BTC strongly breaks out from a triangular convergence, it could drive a rally, which is also a difficult part to measure. Thank you for your understanding.
$ALGO Currently in a wide-ranging upward channel, from the 4-hour level, I will first pay attention to whether the EMA20 can effectively rebound, which is around the 0.205 position. If it continues to fall, I will look at the bottom of the upward channel and horizontal support (around 0.2 situation), combined with the liquidation map. If there is a sharp dip, it might clear out the bulls and provide an opportunity to re-enter.
Additionally, I would like to specifically mention that sometimes analysis is on point, but if BTC strongly breaks out from a triangular convergence, it could drive a rally, which is also a difficult part to measure. Thank you for your understanding.
$BTC BTC converging triangle false breakout continues to consolidate at high levels, if it continues to fall, we need to pay attention to whether the end of the white upward trend line can provide effective support. The ideal situation is to break out of this converging triangle again after consolidation.
$ALGO As of 11/8, when the results of the US presidential election had not yet emerged, the price of Algo was around 0.12, and by today, 11/19, the price has reached a high of 0.23, nearly a 90% increase. If you only learned about Algo today, it is definitely still a good time to buy. I would like to continue using the article shared last time and the thoughts of related enthusiasts to once again explain the recent positive news (I won’t elaborate on the technical aspects and mechanisms of the coin, as many brothers have already shared).
1. The price is currently trending strongly, while some notable coins from the same period are still hovering at previous prices.
2. Algo is expected to launch staking rewards in December, with an annual inflation rate of only 2.3% until the coin is fully distributed in the 2030s.
3. The NFT tickets from the partnered TravelX have reached a trading volume of 22.5 million within 30 days, and it has recently entered the Asian market, with new airline partnerships expected to be announced soon.
4. The partnered Lofty.ai real estate platform has announced that it has currently paid users $3 million in rental income.
5. The trading volume of the platform Fifacollect has reached 1.3 million, and importantly, NFT QR codes have recently appeared at soccer fields. You should know that the 2026 World Cup will be held in the USA!!
6. Trump's new policy aims to eliminate taxes on $XRP $ADA FIL and Algo (previously mentioned).
7. It is rumored that Trump is in talks to acquire the cryptocurrency platform Bakkt (which has recently re-listed Algo).
p.s If you like the information I have compiled, please follow and like, and I will share technical analysis articles and organized information from time to time in the future 🙏
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$ALGO Generally speaking, I don’t post analysis articles here, but in order to celebrate Algo’s current benefits, I would like to share some opinions with you.
1. Algo is listed in coin50 index by coinbase 2. As a friend shared earlier, there are five currencies that must collect cryptocurrency profit tax, which was stipulated during the Biden period. These five currencies are ADA/ALGO/XRP/HBAR/FIL, and the tax rate is as high as 37%. Trump has said that he will cancel this tax. (XRP/Algo/ADA are currently on the increase list). 3. Algo has now broken through the long-term downward trend. In conjunction with the shark harmonic pattern at the daily level, I think the high probability will be 0.2 in the short term, and there is a chance of it being above 0.3 in the long term.
p.s. Everyone knows that Algo is technically very good, but why is the currency value so low? Everyone may have doubts in their minds. I would like to share a comment about Algo from Coinbase on Coin 50. I think it is quite pertinent:
"Participants in cryptocurrency usually do not buy the native tokens of projects with the best technology and the most efficient transmission speed. This is why the market value of algo is so low."
Because in the field of cryptocurrency, everyone hopes to get paid quickly, such as investing in memes, etc., so technically good coins like algo are at a disadvantage. The basic construction takes a long time. I hope that everyone can invest in algo and be able to Looking at it on an annual basis, a low currency value means there is a lot of room for growth, right? For your reference.
$BTC The current lows are still rising. Now pay attention to the upper edge of the yellow range. If it can be maintained above, it will still be a strong performance. However, the funding rate has obviously increased recently, indicating that many people did not get on board with the previous increase. As a result, retail investors are chasing bulls now. In a bull market, once the funding rate is high, there will often be a rapid correction. This pin is a good opportunity to get on the bus, and it is very likely to happen in the 10-year period that everyone is looking forward to. The location of Wan may not be certain, so you can pay close attention.
$SOL If I say that SOL is the new second brother, do you have any objections? Now I am focusing on 260 and looking forward to breaking through new highs. Even if there is a backlash, I think it is a good entry point.
ALTCOIN SEASON As long as the index exceeds 25, it is the season of BTC. Now it is obvious that it has exceeded a lot, and the season of altcoins has not yet arrived. There is still at least 2 times the distance. From the upward trend of the yellow arrow, we can know that the trend of altcoins has formed. This It's not the end, it's just the beginning.
$ALGO It's a pity that it was dragged down by BTC. Originally, the short-level bullish harmonic pattern was good. Now it has formed a triangle and is about to converge. The best situation is to accumulate funds here and then continue to attack upward.
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$ALGO The bullish shark harmonic pattern at the daily level mentioned earlier has successfully reached 0.2 (refer to my Trading view chart), which is very accurate and even much higher. Now we can see it like this. At present, a long needle is left after the false breakthrough. The upper resistance level is around 0.22. A short-term correction is very reasonable and healthy. According to the 15-point level, a bullish shark pattern has appeared again (just like the previous daily level chart, the accuracy of judgment is as high as More than 90%), I think this pattern will be true if it does not fall below the short-term support of 0.195, and the target level can be seen at 0.226 (unless BTC falls and is dragged down).
Disclaimer: This is purely a sharing of personal views and analysis and does not constitute investment advice.
p.s Generally speaking, we don’t put strategy pictures in particular. This is equivalent to the entry point chart. You may try to put it up for a while. If you are interested, you can join the discord discussion in the future.
$ALGO The bullish shark harmonic pattern at the daily level mentioned earlier has successfully reached 0.2 (refer to my Trading view chart), which is very accurate and even much higher. Now we can see it like this. At present, a long needle is left after the false breakthrough. The upper resistance level is around 0.22. A short-term correction is very reasonable and healthy. According to the 15-point level, a bullish shark pattern has appeared again (just like the previous daily level chart, the accuracy of judgment is as high as More than 90%), I think this pattern will be true if it does not fall below the short-term support of 0.195, and the target level can be seen at 0.226 (unless BTC falls and is dragged down).
Disclaimer: This is purely a sharing of personal views and analysis and does not constitute investment advice.
p.s Generally speaking, we don’t put strategy pictures in particular. This is equivalent to the entry point chart. You may try to put it up for a while. If you are interested, you can join the discord discussion in the future.
LIVE
Lion Man
--
$ALGO Generally speaking, I don’t post analysis articles here, but in order to celebrate Algo’s current benefits, I would like to share some opinions with you.
1. Algo is listed in coin50 index by coinbase 2. As a friend shared earlier, there are five currencies that must collect cryptocurrency profit tax, which was stipulated during the Biden period. These five currencies are ADA/ALGO/XRP/HBAR/FIL, and the tax rate is as high as 37%. Trump has said that he will cancel this tax. (XRP/Algo/ADA are currently on the increase list). 3. Algo has now broken through the long-term downward trend. In conjunction with the shark harmonic pattern at the daily level, I think the high probability will be 0.2 in the short term, and there is a chance of it being above 0.3 in the long term.
p.s. Everyone knows that Algo is technically very good, but why is the currency value so low? Everyone may have doubts in their minds. I would like to share a comment about Algo from Coinbase on Coin 50. I think it is quite pertinent:
"Participants in cryptocurrency usually do not buy the native tokens of projects with the best technology and the most efficient transmission speed. This is why the market value of algo is so low."
Because in the field of cryptocurrency, everyone hopes to get paid quickly, such as investing in memes, etc., so technically good coins like algo are at a disadvantage. The basic construction takes a long time. I hope that everyone can invest in algo and be able to Looking at it on an annual basis, a low currency value means there is a lot of room for growth, right? For your reference.
$SUI If you feel that the current currency price of sui is too high and you want to buy it but are afraid to buy it, you can consider this currency Sca (Binance does not have it, but Bybit currently has it in stock).
Sca is the first defi protocol coin funded by the sui foundation. This coin was only launched in April this year. It is currently preparing to break through the daily double bottom. It is now very suitable for entry on the right side of the daily level (low risk). Since I haven’t sprayed it since it was released, so it’s worth a try to buy it in stock.
$ALGO Generally speaking, I don’t post analysis articles here, but in order to celebrate Algo’s current benefits, I would like to share some opinions with you.
1. Algo is listed in coin50 index by coinbase 2. As a friend shared earlier, there are five currencies that must collect cryptocurrency profit tax, which was stipulated during the Biden period. These five currencies are ADA/ALGO/XRP/HBAR/FIL, and the tax rate is as high as 37%. Trump has said that he will cancel this tax. (XRP/Algo/ADA are currently on the increase list). 3. Algo has now broken through the long-term downward trend. In conjunction with the shark harmonic pattern at the daily level, I think the high probability will be 0.2 in the short term, and there is a chance of it being above 0.3 in the long term.
p.s. Everyone knows that Algo is technically very good, but why is the currency value so low? Everyone may have doubts in their minds. I would like to share a comment about Algo from Coinbase on Coin 50. I think it is quite pertinent:
"Participants in cryptocurrency usually do not buy the native tokens of projects with the best technology and the most efficient transmission speed. This is why the market value of algo is so low."
Because in the field of cryptocurrency, everyone hopes to get paid quickly, such as investing in memes, etc., so technically good coins like algo are at a disadvantage. The basic construction takes a long time. I hope that everyone can invest in algo and be able to Looking at it on an annual basis, a low currency value means there is a lot of room for growth, right? For your reference.