BTCDOM UPDATE

Btc dominance is an important indicator for alt season as we all know here...

Without making it a proper tops and bottoms, we cannot predict exact directions for altcoins....

Historically we have seen btc dominance indicating major tops and bottoms for entire total2 market cap as well....

Btc dom is in mega uptrend since 2-3 quarters now and it is almost about to blow off soon which will definately embark our altseason soon..

Am too much confident now that coming 2025 will be huge and great for altcoins and we are going to make huge this season for sure....

Just need to keep our close eyes always on $Btc dominance always...

Our time is coming chads.. just do not miss the life changing times ahead ..

Max to max we might go 60-61% in terms btc dominance is concerned and then huge nuke down below till 30-40% for next 6 months...

So yeahh we are waiting for more confirmations soon and then up only guys...

We all will make big this altseason for sure....

Btc dom is almost making bearish divergence and about to make its top here... Soon this distribution is about to send and we will see a final break down here....

Let's hope for the best guys...💫

$BTC $ETH

*Brazil Seizes $1.6 Billion in Crypto: What You Need to Know*

a decisive move, the Internal Revenue Service and Federal Police of Brazil seized around $1.6 billion worth of crypto and fiat. Both organizations launched an operation called Niflheim to dismantle a large scheme involving money laundering, tax evasion and cryptocurrency fraud. This joint operation targeted multiple cities of Brazil including Caxias do Sul, São Paulo, Fortaleza and Brasília.

Let’s dive deeper to learn what exactly happened.

*Aim of this Operation*⬇️

The focus of this operation was to uncover the obscure financial activities of groups involved in cryptocurrency frauds. To crack down on these illegal financial operations, a total of 23 warrants were issued. Investigators found that two companies in Caxias do Sul handled over R$ 34 billion between August 2019 and May 2024. The companies played a key role in money laundering and moving funds outside official banking channels.

*Criminal Networks Exposed*⬇️

Investigators uncovered alarming details. More than half of the deposits in one of the companies came from individuals with criminal records. These records had the data of laundered money, drug trafficking and smuggling. The level of these activities gives an idea of how deep the crypto related crimes have integrated into financial systems of Brazil.

Authorities also identified import traders making deposits. These transactions were likely tied to underbilled imports and tax evasion.

Will This Bullish Pattern Push the FET Price to $2?

With a $3.544 billion market cap, Artificial Superintelligence, or FET, maintains a significant dominance in the crypto-AI segment. The FET price is currently trading at $1.41, with an 8.21% rise in the past 24 hours.

Over the last seven days, like the DeFi tokens, the AI crypto tokens have been rising, and the FET token price has registered a weekly jump of 25.11%.

FET Token Price Performance
Last week, despite Bitcoin’s rocky road before the release of CPI data, FET price maintained its ground, with a then jump of 20%.

Currently, the AI token price reveals a falling channel pattern in the daily chart, revealing a massive trend reversal.

Starting from the $1 psychological mark, the recent bull cycle accounts for a 32.54% jump over the last five days, with an intraday jump of 3.62%

Hence, the FET token price is on its way to making its 5th consecutive bullish candle.

Furthermore, in the shorter term, the FET price makes an inverted head and shoulder pattern.

With the 200-day EMA acting as the neckline, the buyers are on the verge of breaking the pattern.

Like share and follow for more

$FET

Ripple’s XRP has been experiencing a turbulent period, with its value dropping by 7% over the past two weeks.

The cryptocurrency fell to a local low of around $0.50 but has since recovered slightly, currently trading at $0.54

This recent volatility has sparked conversations in the crypto community.

Some experts believe that the fear, uncertainty, and doubt (FUD) surrounding XRP might be part of a larger strategy to influence market sentiment.

Regular investors from buying XRP at lower prices, allowing these powerful entities to buy more XRP at a discount.

Despite the FUD we are hopeful about XRP’s future.

We points out a bullish technical formation on the daily chart, suggesting that an inverted Head and Shoulders pattern might be forming.

This pattern indicates a potential trend reversal if XRP closes above the neckline around $0.65.

Upholding the 200 EMA level over weekly chart..

If it breaks down the moving average more downfall we could see.

With XRP currently at $0.54, a successful breakout above this level could trigger a significant rally, potentially driving the price up to $1.11—a 106.31% increase from current levels.

Analysts believe ongoing FUD could be aimed at manipulating XRP prices lower

$XRP

📌*SOLANA USDT ANALYSIS UPDATE* 📊

🔰Solana (SOL) is currently showing bullish momentum, recovering from a recent dip and trading around $146.171.
The chart indicates a potential upward move with key resistance levels at $149.637, $152.853, and $156.288.

🔰As long as SOL stays above the $143.422 support, the bullish trend could continue, making those higher targets achievable.
Keep an eye on resistance breaks for further gains.

🔰However, some analysts predict a decline, with a target priceSolana Whales Add This New AI Social-Fi Crypto Coin To Their Portfolio Before 18,887% Rally of $120.79.
Solana's price has formed a rising wedge pattern, indicating a potential fall after breaking the line of $132.95.

📌It's important to note that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research and consider multiple sources before making any investment decisions.👍🏻

📌TRADE CAUTIOUSLY⚠

🔮 When altseason? - Based on the charts, the Altcoin all-time high (ATH) marketcap after the halving occurred on:

2016 in 545 days: ↑2800%

2020 in 548 days: ↑2000%

If simulated these dates and obtained the following results: The next all-time high (ATH) altseason is expected to occur on October 23, 2025.

The crypto market is showing strong upward momentum, with Bitcoin (BTC) rising by 2.86% to $58,055.91, reflecting solid investor confidence and bullish market sentiment.

Solana (SOL) follows with a 2.23% gain, reaching $135.04, maintaining its position as a strong competitor in the layer-1 blockchain space. These key assets are displaying promising potential, making them ones to watch closely in the coming days.

$SOL

🔰1000BONK/USDT ANALYSIS UPDATE 📊

📌The 1000BONK USDT token has been experiencing a significant surge in recent days, with its price skyrocketing to unprecedented levels.

📌Currently trading at around $0.00000350 USDT, the token has broken out of its previous resistance zone and is showing no signs of slowing down.

📌The Relative Strength Index (RSI) indicates overbought conditions, but the token's momentum remains strong, suggesting a potential continuation of the uptrend.

📌The Moving Averages (MA) are aligned in a bullish formation, with the 50-day MA crossing above the 200-day MA, further supporting the upward move. However, some analysts predict a short-term correction, with a target price of $0.00000250 USDT, citing overbought conditions and potential profit-taking.

📌Nevertheless, the token's long-term outlook remains promising, with many speculating about its potential to reach $0.00000500 USDT or higher.

📌As always, investors should exercise caution and consider multiple sources before making any investment decisions, as the cryptocurrency market is known for its volatility and unpredictability.

📌1000BONKUSDT is a trading pair that has been showing negative movement after the release of CPI data, with a possible short entry zone if Bonk drawdown from falling wedge pattern.

SO, ACT ACCORDINGLY✅

$BONK #mememcoinseason2024

*SEI USDT*

Price Update & Technical Analysis in a 1 Day Timeframe

In our previous update on SEI, we mentioned the support/accumulation range and the invalidation point.

SEI held the support as expected and rebounded by up to 80% from the low.

Currently, SEI is facing resistance in the $0.30 to $0.35 range and must break above this level to initiate a bullish rally.

SEI is still moving in talking wedge and once it breakout the trendline ready to ride for all time high❗

Outlook

- Near Resistance: $0.3 and $0.35.
-
- Accumulation/Support: $0.2584
-
- Target: $0.4273, $0.7000, $1.
-
- Invalidation: A close below the support level.

SEI is approaching interesting Demand Zone and we can expect the specified zone to work as a nice support for mid-term buy. Let's see how it works.

According to the technical analysis of Sei prices expected in 2024, the minimum cost of Sei will be $0.278. The maximum level that the SEI price can reach is $0.355. The average trading price is expected around $0.432

In the middle of autumn 2024, the Sei cost will be traded at the average level of $0.355. Crypto analysts expect that in October 2024, the SEI price might fluctuate between $0.278 and $0.431

Like share, and follow for more.

$SEI

📌*1000PEPE USDT Analysis*📊

Well, in updating this analysis, I have to add a point that the black trendline range drawn in the 4-hour period caused the price to fall in the previous downward trend, but pay attention to the fact that it formed a higher floor, so most likely, after crossing the black range to On the upper side, we will enter into the purchase transaction in the first pullback and earn a profit.

The 1000PEPE USDT token is currently at a key level, with a strong movement and no signs of rolling back. It's heading to retest the level, with no obstacles in the long zone to interfere with its movement. The token has formed a leading diagonal, which is a bullish pattern, indicating a potential surge. However, some analysts suggest a short-term decline, with a target price of $0.0072304 USDT.

📌*Market Sentiment*

The market sentiment is mixed, with some analysts predicting a bullish move and others expecting a decline. The token has broken out of its descending channel and formed an inverse head and shoulders pattern, presenting a potential opportunity for a small scalp trade. However, the current market volatility and potential manipulation should be considered.

As simple as this delicious.✅

$PEPE #Pepeusdt

*💲#US DOLLAR ANALYSIS*

The US dollar recently broke down from a symmetrical triangle pattern with strong volume, signaling potential bearish momentum. The Ichimoku Cloud further reinforces a bearish outlook, suggesting continued downside pressure.

📈The dollar is currently in the process of retesting the broken pattern. A successful retest would confirm further declines, which could be bullish for the crypto market, as the US dollar and cryptocurrencies often move inversely. Keep a close watch on these developments for potential market shifts.

📌💪🏻Strengths:

- The USD index (DXY) is trading near a 20-year high, indicating broad strength against other major currencies.
- Interest rate hikes by the Federal Reserve have supported the dollar, attracting investors seeking higher yields.
- Safe-haven demand due to global economic uncertainty and geopolitical tensions has also boosted the dollar.

📌🫥Weaknesses:

- Inflation concerns: Despite rate hikes, inflation remains high, which could erode the dollar's purchasing power.
- Economic growth worries: Slowing US growth and concerns about a potential recession could impact the dollar's strength.
- Global currency fluctuations: Shifts in other major currencies, like the euro or yen, could influence the dollar's value.

📌👀Outlook:

- The USD is expected to remain strong in the short term, supported by interest rate differentials and safe-haven demand.
- However, long-term prospects depend on inflation control, economic growth, and global currency dynamics.

Please note that currency markets are highly volatile, and this analysis is subject to change.

$BTC GREAT BOUNCE AND LEVEL RECLAIM....

Bulls fighting and taking control.....

green box flip almost done 📈

SL taken on my shorts.....

$ETH
price action update guys...

it has turned ugly again in short time frame.....

may be 2250-2270 zones retest again....

we need to flip above green box asap to become full green again....

for a short term trade am shorting here till 2270 zones....

#ETHUSDT

BITCOIN SHORT TERM PRICE ACTION UPDATE

$BTC

lets see for longs i will wait to flip above this green box first📈

till then am sitting outside and waiting for my long set ups.....

may be small pullback again is possible in #BTCUSDT.P ...

$ETH TRADING PLAN UPDATE

Rotated all my $BTC and $SOL longs positions into $eth here...

below is my entries and exit plans 👇

🟢 Bitcoin Maintains Strength Above $57K Amid Stock Market Recovery

📈 Bitcoin held strong above $57,000, with analysts attributing the price resilience to a recovery in the stock market and anticipation of U.S. inflation data.

$BTC

#COTI/USDT

LONG TRADE IDEA ON FLIP OVER SUPPLY ZONE

📌ENTRY: CMP

✅TARGET1: 0.09216

✅TARGET2: 0.10248

🚫SL: 0.07140

Expected price action, make sure to have entry and take profit orders in place for this position.

The market is expected to see further volatility meaning tight risk management should be in place at all times.📊

DYOR

$COTI

🔷#ETH/USDT UPDATE:

📈Ethereum is now trading around 2344$. Ethereum is forming a double bottom on the daily time frame. If Ethereum pumps from the support zone, its next target will be the neckline which is around $2800. After having a good pump If Ethereum breaks the neck line and gives daily close then we can see more pump in it and the price can go towards 3200 to 3400$. Keep eye on it. Stay tuned with us for further updates

$ETH

SNX/USDT

LONG TRADE IDEA ON $SNX 📈

📌ENTRY: 1.375

✅TARGET: 1.739

🚫SL: 1.164

DYOR

$SNX

Bitcoin Analysis
SEPTEMBER 10th, 2024
➖➖➖➖➖
⚪️TECHNICAL (H4)
The price action on the H4 timeframe successfully formed a lower high but shifted the trend after breaking out of the compression pattern and its neckline. 📈

Currently, it is consolidating within its horizontal support region. The price action needs to reclaim this support level to confirm a continuation of the upward movement 🔄

⚪️WRAP-UP (VIP)
A short-term rejection in the price action might occur as it is currently consolidating at its resistance region 📉. The price action has also left a candle imbalance, which is expected to be filled before any further movements 🔄

$BTC

#BITCOIN IS EXTREMELY UNDERVALUED!

$BTC

#FTMUSDT

(DIRECTION)

Short (0.4832 - 0.5000)

TARGET : 0.4786 - 0.4739 - 0.4690 - 0.4644 - 0.4595 - 0.4526

STOPLOSS : 0.5100

$FTM