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Altcoinanalysis

AVAX/USDT Long Setup for 25% gains Set alerts for the back test of the Middle of the descending channel for a nice long setup . Expecting a strong reaction at the Point of control confluent with the .618 fib pull from last Swing High/Low also standard Fib Pull from the high to low of the whole range .786/.886 . The red box denotes a resistance level where I would be taking majority of profits depending on Volume and candle closes outside of channel . You can always take for example 75% and leave the 25% to run with a trailing stop . In my opinion its always best to trade the range until the range breaks . Ensure to know where you are wrong and remember to always check how BTC is trading before you trade any alts . Please show your appreciation with a Like and a follow for future setups
Long
by SJTRADESFUTURES
2
Bitcoin Dominance Reversal on the Horizon + Upcoming Altseason!?Taking a look at our bitcoin dominance on a 4H timeframe we rebounded off the 39.40% level where everyone thought altseason was about to be on the rise, we have climbed all the way back up to the 40.28% level currently but i am looking for a drop and reversal sooner than later. We have downtrend resistance coming from the high around the middle of december, this resistance lines up directly with the upcoming 40.50% level, also realize that this resistance level on its on is very heavy and hard to break through, I am expecting something similar to what i have drawn out, looking for a lower high which would be valid anywhere below our recent high, but think is the 40.50% level is a likely spot for our PA to reverse. Afterwards if this does play out we want to see a continuation of lower highs effectively putting us into a downtrend. This is the ideal scenario for the altcoin market but the real explosive price action will happen once we have a confirmed break below the 39% level, the 2018 altseason peak arrived around 35% BTC dominance and just based on the shear growth of all of crypto i expect a much larger scale altcoin season at some point and hopefully soon! Looking at the bollinger bands this gives me hope that we are going too see a cooldown and reversal soon, we have been riding the top band explosively for the past few days and if we do continue this we should realistically be looking at it coming to an end somewhere inbetween 40.29% and 40.50%. The RSI is currently hitting resistance right below the overbought zone and we are beginning to curl to the downside, we have upcoming support from the yellow SMA which might catch us briefly but the main goal here is that midline i always talk about, getting below this level and holding below confirms a downtrend which is fantastic for alts. The wave trend is seeing somewhat of the same thing aswell, we are beginning to curl to the downside after seeing a steady wave to the upside, looking at almost every wavetrend top we have seen recently we have come all the way back to the bottom buy zone and i don't see us having any different outcome this time around, we had a pretty vertical jump up with barely any downside so i am expecting more of the same thing when we come back down! Not financial advice just my opinion!
CRYPTOCAP:BTC.D
by JacobR905
3
#ALGO Algorand 1D - Bearish Divergence in sightI am looking at the 1D chart for Algorand. I show the top and bottom multi-year trendlines and it seems that we may have some downside to go possibly based on historical trends. I showed a possible fractal from the past that may play out again. Lastly and most important, on the daily chart there is bearish divergence. This may be a good indicator of what's to come in the future. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for recent Altcoin, Bitcoin and Stock Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
COINBASE:ALGOUSDShort
by MillionaireEconomics
4
Altcoin Gems 2: $EFI by EnjinHi everyone, In light of the upcoming Polkadot parachain auctions, I would like to introduce you to a coin aiming to win the NFT parachain slot – Efinity, developed by Enjin. I’m a big fan of Polkadot as I believe its ecosystem will become the core of tomorrow’s internet, and with NFT a booming industry I believe Efinity is easily a 10x coin. Enjin’s ERC20 coin ENJ has printed ca.2000% YTD returns, and I believe EFI will follow suit. The Team Enjin are pioneers in the NFT industry, and are responsible for the development of the ERC-1155 standard for NFTs on Ethereum. Enjin's leadership team are also behind Efinity - Maxim Blagov and Witek Radomski, the CEO and CTOs who are the inventors and authors of the ERC-1155 standard – so Efinity benefits from an experienced team that has successfully deployed a similar project historically. Since the development of this now widely adopted standard in 2017, Enjin has developed a complete NFT ecosystem on Etheruem which comprises the Enjin Platform , wallet , market place, explorer . This suite of products offers solutions to developers and corporations needing to tokenise digital assets, and is used today by 20 million gamers worldwide, 40 game developers and enterprises including Microsoft, Minecraft servers, and games for PlayStation, PC, iOS, and Android. It’s absolutely no surprise therefore that Enjin sold out $20 million worth of Efinity tokens in just under 3 hours in June 2021, and that these tokens have seen a approximately 6.6x return from ICO levels. EFI has yet to be listed on major exchanges like Binance and Coinbase, so I think that the price will rally significantly once this happens. The Technology Efinity will significantly enhance the experience of NFTs in the metaverse, and will likely to lead to wider adoptions of NFTs with various use cases for the following reasons: Interoperability: as a Polkadot parachain, fungible and non-fungible tokens on Efinity will be easily transferable between multiple different blockchain networks and protocols. Ultimately it facilitates use cases where a gamer for example can take an NFT from one game into another with ease Speed and low fees: additionally, it will benefit from the scalability of being a Polkadot parachain and will be capable of processing 700-1,000 transactions per second (TPS) which is a massive improvement to the Ethereum network. This is just surface level information, but should be enough to wet your pallets to DOYR on this project and I promise you will be very impressed with what you uncover! :) Key Levels to Watch Price has just broken out of a 49 day accumulation range forming a very well rounded cup and is currently breaking out of a resistance zone from $1.18. The recent spikes in volume that have pushed the price above 1.18 indicates there is a lot of buying pressure and sufficient volume to keep pushing the price higher. From here I envisage two possibilities: (1) some consolidation that may form a nice handle before a breakout to Yearly open level on the exchange (marked by Y), or (2) a break to 1.70 before a small consolidation and subsequent move upwards In any case, there is very little resistance that lies ahead and with Polkadot parachain auctions commencing on November 11th, I think the timing to really scale into this coin is just right. A close above 1.18 confirms a breakout for me, and from there we should definitely be expecting 10x return at the very least into 2022. Would be really interested in hearing your thoughts on this one guys, feel free to share this post and leave your comments below! I will make an effort regularly to update my Tradingview with projects with strong upside potential. I will be extremely grateful for any contributions in recognition of the time and effort put into this endeavour: BTC: bc1qu7rswf6e8s8efj5d9g2r5phnejwxkcqycja7fw ETH: 0x58ffB09Ce2C206989BB12F2e42965Fb818aDE61A ADA: addr1qxjkfczhd7fta5evd4g8hakffkcmctddjawpudf9dvj6nq4q9thlfqw676k7edkjtzq6m50ncf90fmg5wy62xaf6g0ussvufz7 XLM: GCWACKPSV3W5OZYT5GK5UVH35YJSJIQ6L5VOH6EV6R2L7Z3E2L6G3D7Y See my profile for other Gems that I have recommend to see how they have performed historically.
ELong
by Pacorabs
8
#MIR 1D Chart - Something BrewingDescending Triangle forming on Mirror Protocol (MIR). Price has already seen such a downturn since MIR has started trading. Let's see if it will turn around. Keep in mind descending triangle pattern is a bearish pattern (generally speaking). But also remember this crypto hasn't seen a pump in a long time (feels like). Lastly, RSI seems to be ready for a breakout out of the triangle formation. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
MLong
by MillionaireEconomics
#AXS Axie Infinity 1D - Brewing ActionAXS on a daily chart. A few things to note: 1) Rising wedge pattern in play. 2) Bearish divergence on 1D chart 3) Bollinger Bands tightening but similar structure forming since last tightening as circled in the chart. Something interesting is surely brewing here. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
FTX:AXSUSD
by MillionaireEconomics
#ACH ALCHEMY PAY 4HR CHART UPDATEI put a few support areas on the 4H chart, but honestly the VPVR is showing limited support. If this falls, there may be another free fall. HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU! CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!) Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research. #cryptopickk #bitcoin #altcoins
Long
by MillionaireEconomics
HBAR - Bulls are breaking out of the triangleWe have some big opportunities on HBAR so lets not sleep on them. 50 cents as a target in these current market conditions is a piece of cake. And that piece of cake is about a 30% gain from the current price. A large green candle broke the mirror level of the tringle to the upside - this is the start of the rally. We can see the growth in bullish momentum on the MACD graph below - lets pray this kind of momentum sustains. Volume and price are moving in the same upwards direction - adding some nice confirmation to the strength of the upcoming move. I'm expecting for some resistance at the current price ceiling (and current ATH). Once this level is broken it will be retested - this is when the price ceiling becomes the new price floor and when we can get ready for the main money making moves.
Long
by Kseniya_Kopyl
ALT Season is Coming ?? Total2 Chart AnalysisHello Everybody !! Today is the day we are going to talk about ALT Season . While everyone was talking about the Dominance Chart to start the alt season, I said (in the @Bitexgroup) that the #Total2 chart was an important point. The Break of this resistance will cause the Altcoins to pump. Exactly four days before the 30-50% pumps of the cryptocurrencies, We warn that the $ 240 billion level has the potential to Break. Now let's take a closer look at its weekly chart. We are at a very important point right now, Breakout of the Rising Wedge and Weekly Resistance level at $ 240-260 billion, which is the Weekly Major Resistance, could cause an alt-season pump. In other words, We have an important TRIGGER on this level to start the Altcoins season. So ALT Season is Coming ..
CRYPTOCAP:TOTAL2Long
by imanpajand
22
WAVES Looks ready for another leg upHey guys welcome for a fresh crypto update, please like and follow to support us -------------------------------------------------------- looking at WAVES/USDT chart right now so prices are ready for another leg up -------------------------------------------------------- Take entry at 2.64$-2.52$ T1 3.07$ T2 3.36$ SL 2.35$ -------------------------------------------------------- Thanks for reading... -------------------------------------------------------- this is Husain Zabir, signing out Thankyou...
WLong
by Husain_Arkghazi
7
Altseason is overWe are watching the Bitcoin dominance chart. There is every reason to believe that the altcoin season will terminate this year. Highlighted features: 1) Chart large spikes indicate high volatility and market uncertainty 2) Around 60% support level is reached, the rebound has already started 3) Since 2017 the price channel's bottom has been reached as well as the price channel's bottom since July 2019 (red highlighted). Commonly, all these factors indicate a very high probability of Bitcoin's dominance increasing. Plus, the alts have already won back their rapid growth, the correction is a logical continuation of the market cycle.
CRYPTOCAP:BTC.D
by I.T.Analytics
3
Is the altseason already nearby?📊 The breakdown of support and BTC dominance index downward movement strongly affected the entire cryptocurrency market. Altcoins are gradually starting to reveal their potential. A lot of coins are pumping now. Chainlink, for example, has reached its ATH. And Dogecoin made more than 100% in just 2 days. 👀 Flat movement of BTC led to a drop in the domination index to 64% level and has a positive effect on altcoins, which will continue to grow against BTC and possibly return to their March values. 📉 The index has formed LL and BOS on the chart. This indicates a continuation of the downtrend. 🗣 However, do not forget that in case of a strong BTC impulse, money will begin to flow back. This might directly affect the alts. Part of the coins will go in to correction. Some will follow bitcoin. ✨ A breakdown of the 62.5% BTC.D level will open the doors for the altseason similar to 2017-2018. Remember that it begins after BTC completed its upward movement. ⚠️ The worst option for altcoins is domination above 73% level. It’s not even worth saying what will happen to the coins.
CRYPTOCAP:BTC.D
by killzonemaster
1
Ethereum ETHUSD Whats happening in the short term 25feb2020Hey guys welcome for a fresh crypto update -------------------------------------------------------- A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :) -------------------------------------------------------- The prices dumped following the bitcoin movement, its currently testing our support level at fib 236 -------------------------------------------------------- The price should hold this level in short term but if a candle closes below our support level we could see a correction upto 218$ -------------------------------------------------------- if prices holds this level we could see 288$ or previous high then a weekly close above 306$ or weekly resistance will confirm a bull market -------------------------------------------------------- Thanks for reading... For further inquiries or questions dm or comment below -------------------------------------------------------- this is Husain Zabir, signing out Thankyou...
BITMEX:ETHUSD.PShort
by Husain_Arkghazi
2
PERLBTC formed bullish BAT | Upto 16% potential tradePriceline of Perlin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. We have a 200 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000412 to 0.00000402 Sell between: 0.00000434 to 0.00000469 Regards, Atif Akbar (moon333)
PLong
by moon333
DOCKBTC formed bullish gartley | Upto 51% potential ideaPriceline of Dock / Bitcoin cryptocurrency formed a bullish Gartley pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Stochastic is oversold and has given bull cross. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish. I have used Fibonacci sequence to set the targets: Buy between: 0.00000124 to 0.00000109 Sell between: 0.00000136 to 0.00000165 Regards, Atif Akbar (moon333)
DLong
by moon333