LUNA// Moon Walking 🕺🏾Ascending Triangle, I expect a break coming soon, lets see. What are your thoughts?
Altszn
BITCOIN// Realistically ⏱️🧐Reasons NOT to Enter....Yet
1. If this wasn't BTC you'd wait longer
2. No clear indication of Up-Trend continuation
3. We can still fall to the TL
4. Most Technical Indicators suggesting more depreciation
5. Elon Musk is tweeting
6. No clear signs of buyer pressure
7. Haven't retest broken structure at ATH.
If you can find multiple reasons as to why you shouldn't enter a trade. It may be best you don't, even if you miss a move. You can always find a new trade, but you wont get second chance on a loss.
Ideally, it'd be best to re-test the trendline, however we seem to have good support at the 50% area, which was also the strong point on the last swing. In both swings, price seems to neglect the 61.8% level.
Check comments for my previous analyses. Leave a like and comment! I'd like to hear your thoughts!
BNB// Prepare to Depart 🛫Lets look for reasons not to enter.
1. There isn't any strong presence of bulls.
2. We're still within the channel.
3. BTC.D hasn't shown weakness in the short term as yet.
All valid reasons, and until we can cross those out, there shouldn't be an entry. And if you're already in, if we dont cross these out within the next few candles, then it might be time to plan an exit strategy.
Bearish in nature, however, we're approaching the main Trend Line, on strong support, and also nearing the end of a BB @ 2.5 STD. All factors which will suggest a long opportunity soon.
Bitcoin// Shark PatternAs seen in the chart. Opportunity once there is slowed momentum and an indication of a rejection candle. Because of the correlation between BTC and the Alts, this pattern can be seen on most of them as well...take that as you will.
This is not investment advice.
BTC.D// Ascending TriangleAs expected Feb. 23rd proved to be a bloody day. Many of us new to crypto experienced what it really felt like to bleed. However, it seems that we may experience something similar relatively soon.
Currently forming is a ascending triangle, however, we are still in the downtrend with price seemingly respecting the TL.
With all of the speculations of why BTC and ETH had a drop and the people involved, this chart may help predict an area of interest for which something of similar effect may happen.
Previous Analysis linked.
Bitcoin SV// UpdateHowever not greatly surprised, the literal exact inverse of what I expected to happen....happened.
Price tested the long term uptrend as a result of the drop in BTC and is finding support around 200.
Price has found support on the midline of the butterfly formation. Didn't enter on the short, but I will look to catch the long.
Check comments for prev . analysis.
Binance Coin// W Pattern Next?? ⏱️🧐Looking at the price action, we are currently in a descending channel. However, this is the perfect opportunity for a W formation to form, some may call it a dragon pattern.
Obviously there's still a lot of time left for this pattern to form, meaning that anything can happen between now and then. However, if we have a break of this channel, then there will be a short term scalping opportunity to the next market structure.
Let me know your thoughts!
Check comments for a similar pattern on a previous Bitcoin analyses and also my previous BNB analysis.
Synthetix// Trendline TouchPrice is testing support off of the trendline and also the 78% fib level. In addition to this price has formed a harmonic pattern after the drop to the full retracement level (green zone). Check comments for more.
BTC.D//Whats Next? There has been multiple M and W patterns formed within this range for the past few weeks.
I'm fairly new to Crypto so besides market cap and big news, I don't know exactly how many factors affect BTC.D
But I do know, Alts suffer when Dominance appreciates.
-Currently there is a Gartley Pattern printed. However, In my opinion, this is no mans land to trade right now unless its on the smaller TF.
What I see setting up is either a W/Bat Pattern to form at the 0 line, or we form an Overextended W anywhere between -0.272 and -0.618.
Let me know your thoughts on what you see happening next from a technical and fundamental standpoint.
ADA Break // Waiting for RetestStarted to analyze a few cryptos including ADA with purely TA, and I've been managed to anticipate the last 5 swings. Plan on going live for this retest and possible long.
retrace into continuation on $alphastill looking for a retest of the WO, got frontrun lol... Massive Chad coin in itself, true alpha - give orderblock u bitch :)
ALTSZN SOON?!It's a long shot, but up to 3 Head and shoulder could stack and cascading the BTC D drop. These are the level for me to watch.
XVG (Verge) breaks out of 2019 resistance (9857%) 2021 ALT SZN-Yurlo
Picked up this alt here as a suicide bag going into the 2021/2022 alt szn thats yet to come. Think this one could see 9857% return from its entry today.
Close to top of ascending channel (bearish) alts (bullish)-Yurlo
Woke up to a certain alt bag previously posted poppin off, im thinking alt szn really will be starting soon considering BTC has pumped almost a 2x since breaking $20,000 USD.
I called $40,000 BTC (Bitcoin) at $32,000 btw, go check the TA and recent posts.
Please like this post/comment if you support my page. 👍
Bitcoin Dominance still pushing | When will Alt szn start?Bitcoin dominance is strongly trending and so is price. These are two important metrics in identifying a strong BTC Bullish trend. Historically BTC bull markets - and especially the final 'blow-off-top' movement in BTC is accompanied by both price and strong dominance appreciation.
So when will Alt szn come? Let's look at historic BTC price + DOM and compare that from 2017 to 2020
BTC/SZNbtcseason.exe
save sat; bits
What a time to be alive
Dream > Never Sell
hyperinflation is inevitable ?
May be you will do something good with this sats one day ?
if We go higher we will see in the future more btcbank
in bluelines : if not, we May be see one ALT of all this shitty coin can win sometimes ...
Richest people balance sheet in BTC will be made
Which maximalist are you ?1 Orange coin vs Altseason
Today on coinguekcko
Coins: 6019
Exchanges: 408
Market Cap: $449,813,748,595
24h Vol: $79,452,890,716
Dominance:
BTC 64.5%
ETH 10.9%
USDT 3.78%
CoinmarketCap:
Coins: 7 597
Market: 32 255
MarketCap: €374 494 098 803
Vol 24h: €164 455 142 889
Dominance BTC: 64.3%
ETH TO $500 IN SEPTEMBER - BREAKOUT WILL HAPPEN If you're trying to short this "double top" you're likely going to get rekkt as ETH climbs to $500 USD.
After the breakout I'm expecting:
#1: Retest of the breakout level (area of interest)
#2: Consolidation
#3: Fakeout in other direction to trap players
#4: Continuation to side of breakout
Ethereum Strength vs Bitcoin: Providing Alt Seasons since 2017Ethereum strength against Bitcoin (ETH-BTC) continues proving itself as the market leader when it comes to overall altcoin strength. This most recent iteration includes what's nicknamed "DeFi season" including top gainers such as Aave (LEND-BTC) which pulled an over 100x return in less than one year, Chainlink (LINK-BTC), Band Protocol (BAND-BTC), and a handful of others.
From a TA standpoint, the next trouble area lies around 0.039 ETH-BTC, with a potential rest at the next volume node: 0.031-0.032 ETH-BTC. Poloniex chart data was used to provide a macro view starting from 2017.
Targets can easily overshoot due to market FOMO.
Bitcoin Q3 / Q4 2020: Piss off Leverage Traders Even MoreIt's late Q3 / early Q4 2020. BTC traders are still pulling their hair, getting chopped on sideways action, as alts continue moving 4x, 5x against BTC.
Prediction: Bitcoin continues moving sideways as the weekly 21 EMA climbs up to meet price. From then, the trend can resume towards the upside.
