Alt/UsdtBINANCE:ALTUSDT
The **current price** of the altcoin is **0.13780** 📉, and right now, we’re sitting in a **resistance zone** 🚧. This means that the price is encountering some difficulty trying to go higher, because sellers tend to step in at these levels. Resistance is like a ceiling that prevents the price from moving up freely, and traders might be watching this closely for any signs of price action.
If the price **holds** at **0.13780** 📈 and doesn't dip below this level, we could see the price pushing higher toward the **next resistance zones**. These are:
- **0.16000** 📊: This is the first major level to watch. If the price can break through this, it might indicate more upward momentum.
- **0.1803** 💥: If the price keeps moving, this is the next level that might act as a barrier. Think of it like a hurdle that could slow things down.
- **0.21344** 🚀: If the price manages to go beyond this point, we could see a substantial increase. This would be a strong indicator that the market is very bullish and demand is high.
However, if the price **fails to hold** at **0.13780** and starts dropping, then we have to look at the **support levels** 🔽. Support levels are where the price is more likely to find buying pressure, as traders see this as a "bargain" or a good entry point. These are:
- **0.1000** 💪: If the price hits this level, it might find some strong support, where buyers step in to prevent the price from falling further.
- **0.1200** 🔽: This is another level to keep an eye on. If the price drops to here, it could be another potential floor, where demand might increase and prevent a deeper decline.
In short, the **resistance zone** at **0.13780** is key—if the price can break through, we could see it head toward higher levels like **0.16000**, **0.1803**, and even **0.21344** 🚀. But if it doesn't hold, watch out for **support** at **0.1000** or **0.1200** as possible areas where the price might find a floor and bounce back up 💪.
Remember, this isn't financial advice! ⚠️ The market can be unpredictable, and it's always best to do your own research and understand your risk tolerance. Stay informed, and always trade wisely! 📚
ALTUSDT.P trade ideas
Alt Layer Can Move Fast Because... It is In The Bullish Zone!Ever since August 2024 trading volume has gone wild on this chart. But, also, ever since August 2024 the action changed from a downtrend to sideways; a clear early reversal signal.
We have a cup and handle pattern on this chart.
The black line is dividing the bullish and bearish zones. Below it, ALTUSDT is bearish; above this line is the green zone, the bullish zone. We are in the bullish zone. The bullish zone will lead to growth. We can expect a jump to happen because the consolidation phase is over; higher prices are coming next.
We are looking at this pair for a short-term trade but it can be held long-term. Whatever you do, is up to you.
I hope it turns out just right, the chart looks good.
Thank you for reading.
Patience... Pays!
Namaste.
Alt / Usdt BINANCE:ALTUSDT
I can’t provide financial advice, but I can help you think through some factors to consider when evaluating a buying opportunity. Here are a few things to think about:
1. **Market Trends**: Is the market currently in a downturn or uptrend? Look for patterns in price movements.
2. **Valuation**: Are the assets being sold at a reasonable price compared to their historical values or intrinsic worth?
3. **Company Fundamentals**: If it’s a stock, consider the company’s financial health, including revenue, profit margins, and debt levels.
4. **News and Events**: Are there any recent developments, news, or events that could impact the asset's value positively or negatively?
5. **Risk Tolerance**: How does this investment fit into your overall portfolio? Are you comfortable with the potential risks?
6. **Long-Term vs. Short-Term**: Are you looking for a quick gain, or are you willing to hold for a longer period?
If you have specific assets or situations in mind, feel free to share, and we can discuss those further!
Disclaimer : Its not Financial Advice
Altlayer (ALT) 80% Bullflag extensionOn the above chart price action has corrected 30% since late September. A number of reasons now favour a long position, including:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Higher highs higher lows.
3) Support on past resistance. (yellow arrows).
4) The bull flag confirmation forecasts an 80% impulsive move.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: high
Timeframe to long: this week
Return: 80%
ALT - Ready for breakout? Hi, this is my new analysis for ALT. After breaking both the resistance 0.10 - 0.1030 and 50SMA/100SMA, in the last few days we have tested to see if these levels will act as support or not.
Fortunately it has been good support for ALT. At the same time we have a big descending trend line that has been tested 4 times.
I expect after breaking the trend line we are going to takeoff. The next resistance is around 0.1680 - 0.1750 and after a good ABC correction we are going much higher to next level 0.36. It is going to be up 200% from current levels.
On the daily timeframe we are getting bullish momentum on MACD and as you see we are in a good uptrend on RSI.
It is very important to hold the support levels around 0.10 - 0.1030, but if break those levels we are going much lower to 0.080.
Altlayer Enters Bullish Zone (Leverage vs Spot Trading)Between August and September, Altlayer (ALTUSDT) produced a bottom pattern on the chart, the classic Adam & Eve. This happened below a low hit in July. As the action moves above this low, we are in bullish territory.
Now, things can be tricky. This pair is set to grow and will grow based on the data coming from this chart. But, there can be another drop, very small ending in a higher low followed by a price jump or it can grow straight up.
The highest volume ever came 19-September, to recover from the bottom pattern. So the signals are present but it takes time for the bullish wave for develop. It can be days, weeks and sometimes even months before we see massive growth.
It does take time but once the consolidation is over it grows fast and strong. So this is mid-term. We buy and hold. We can have expectations but these expectations do not matter. The pair does not have to start growing the next day we buy or share a trade. It can move slowly higher or slowly lower, it can go sideways, it can grow strong right away. This part we do not try to predict. We catch the bottom, buy-in and hold. We let the market take care of the rest.
We don't follow the 1-minute chart instead, we focus on the long-term.
Buy low to sell high. You can't go wrong with this strategy.
If prices drop, wait patiently, it will recover and once it turns green it will worth the wait.
It is better to earn 100% in 30 days than losing it all through honest mistakes. I am talking about margin and leverage, it is for experts only; only after being successful for 2-3 years trading spot should you consider leveraged trades. Or ignore leverage trading completely and do it the easy way. No anxiety, no liquidations, no stress.
This is not financial advice.
Thanks a lot for your continued support.
Namaste.
Altlayer middle term targetsMiddle term targets for BINANCE:ALTUSDT
Possible Targets and explanation idea
➡️W tf. on a daily even better picture. Order flow sooner or later will be a fuel for uptrend
➡️Would be good to see sweep previous 2 or 3 wick lows. Lowest point what im expecting
0.05
➡️After first video and idea after listing we came in to the last zone of interest based on IAP model
➡️Middle term target its a new ath. From current zone its around +800% on a spot
➡️Based on Money Power indicator like you can see big capital inflow in ALT
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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#ALT (SPOT) entry range ( 0.07 - 0.077) T.(0.3499) SL (0.0665)BINANCE:ALTUSDT
entry range ( 0.07 - 0.077)
Target1 (0.1530) - Target2 (0.2690) - Target3 (0.3499)
SL .1D close below (0.0665)
**** This trade is short time investment with low risk and very high reward ****
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT ****
ALT layer USDT #ALT #Altlayer (Bearllionaire Status)Project description: ALT Layer is a scalable layer-2 network designed to provide customizable, high-performance, and application-specific rollups for decentralized applications (dApps) on Ethereum and other blockchains.
Type of project: Layer 2 scalability solution with customizable rollups.
Is it under a block?: Yes, ALT Layer operates as a Layer 2 protocol on Ethereum and other major blockchains, providing customizable rollups that offer scalability while leveraging the security of the base layer.
Latest update or news: As of July 2024 while ignoring other irrelevant news, ALT Layer launched its Rollup-as-a-Service platform, enabling developers to deploy custom rollups in minutes, aimed at scaling dApps and reducing congestion on Ethereum.
Narrative: Layer 2 scalability, Ethereum ecosystem, and modular blockchain infrastructure.
Why is it a good investment?
Institutional Backers and Angel Investors:
Coinbase Ventures: Known for its investments in Layer 2 and scalability projects, Coinbase Ventures has backed ALT Layer due to its potential to alleviate Ethereum’s congestion and improve dApp performance.
Binance Labs: Binance’s venture arm has invested in ALT Layer, recognizing the need for scalable Layer 2 solutions and the demand for customizable rollups within the DeFi and NFT spaces.
Polychain Capital: Polychain Capital has supported ALT Layer to drive innovation in the Layer 2 sector, specifically focusing on reducing gas fees and improving transaction throughput for high-demand applications.
Angel Investors:
Vitalik Buterin (Co-founder of Ethereum) has expressed support for Layer 2 solutions, though there’s no direct investment in ALT Layer, his encouragement for rollups aligns with the project’s goals.
Stani Kulechov (Founder of Aave) has shown interest in Layer 2 solutions that improve DeFi scalability, and while there is no confirmed investment, ALT Layer fits the criteria of projects he supports.
Futuristic Use Case:
Scalability for dApps: ALT Layer is designed to provide customizable rollups that can be optimized for specific decentralized applications (dApps), enabling developers to create high-performance environments that scale with their user base. This is crucial for DeFi, NFTs, gaming, and other sectors that require high throughput.
Multi-chain integration: ALT Layer is not limited to Ethereum and can extend its rollup services to other blockchains, making it an ideal Layer 2 solution for projects that need scalability across multiple chains.
Custom Rollup-as-a-Service: With the launch of its Rollup-as-a-Service platform, ALT Layer offers developers the ability to deploy tailor-made rollups that suit their specific application needs, giving it an edge over general-purpose Layer 2 networks.
Enterprise adoption: Enterprises looking to adopt blockchain technology can use ALT Layer to develop private, scalable rollups that integrate with public blockchains like Ethereum. This opens up new use cases for enterprises in industries such as supply chain, finance, and gaming.
Why will it make a significant amount of profits?
Unique competitive edge: ALT Layer’s customizable rollups provide a tailored Layer 2 solution for decentralized applications, offering greater flexibility than general-purpose Layer 2s like Optimism or Arbitrum. This makes it especially appealing to developers who need more control over transaction throughput and cost-efficiency.
Rollup-as-a-Service model: By offering Rollup-as-a-Service, ALT Layer creates a sustainable revenue stream, as developers and enterprises will need to pay fees to deploy and maintain their custom rollups. As demand for scalable blockchain applications grows, this service will attract significant usage and increase demand for NASDAQ:ALT tokens.
Scalable ecosystem growth: ALT Layer’s ability to integrate with multiple blockchains gives it a wide market, positioning it to capture a significant share of the Layer 2 scaling space as more chains adopt rollups for scalability. This cross-chain capability drives value to NASDAQ:ALT tokens as the protocol expands its ecosystem.
Growing Layer 2 demand: As Ethereum and other Layer 1 blockchains face increasing congestion and high gas fees, Layer 2 solutions like ALT Layer will become essential for maintaining a seamless user experience. This growing demand for scalability will drive adoption and value for ALT Layer’s services.
want to know more about my Conviction on this? Follow me for more.
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Long ALT/USDT (D1). x3-x5 potentialLong ALT/USDT. TF D1
x3-x5 probably.
Setup specs:
Entry - 0.12 (or current level. But I usually prefer to wait for a retracement and make an entry using limit order).
Tp1 - 0.35
Tp2 - 0.55-0.57
SL - below 0.095 with confirmation on D1
FA:
AltLayer is a blockchain infrastructure project. MC - 300mln. FDV - 1.3bln
Next unlock - in 4 months
Backed by top-tier VC + Binance labs
TA:
- consolidation breakout
- LTF (h4) MAs inverted back to an uptrend after a squeeze
- unusually high volume + green candle
- S/R flip at 0.10 (support retest)
- HH and HL
TH-H4 screen for TA in details:
#ALT/USDT#ALT
The price is moving in a descending channel on the 12-hour frame and is sticking to it to a large extent and it was broken upwards
We have a bounce from the lower limit of the channel at a price of 0.07177
We have an upward trend on the RSI indicator, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.09400
First target 0.14500
Second target 0.1879
Third target 0.27000
ALTUSDT: Trend Shifting to BullishALTUSDT technical analysis update
ALT price has broken the double bottom neckline resistance with high volume and has successfully retested. The price is now moving bullish toward the next target, though it may consolidate sideways before continuing upward.
Target1: $0.160
Target 2: $0.285
#ALTUSDT Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
ALT recently pumped around 65% from the lower support and is currently facing resistance at $0.117, which poses a challenge for ALT to break through.
The RSI is in the overbought range, indicating a possible correction. If a correction occurs, accumulating ALT between $0.066 and $0.084 would be a decent range.
Key Levels:
- Primary Resistance: $0.117.
- Accumulation Range: $0.066 to $0.084.
- Targets: $0.167, $0.296, $0.446, $0.67
DYOR, NFA.
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#PEACE
Could #ALT have found a local bottom?#Alt 1D chart;
It still hasn't regained the 50EMA line it lost in April.
Although it tried to turn bullish on the signal of non-compliance, it failed due to market conditions.
Could it have found a local bottom?
There is a 24% difference between the last bottom and the current level.
Although this is related to how bad the market could get in a bad scenario, the $0.665 level could be a good place to buy gradually.
Note the resistance levels indicated by orange arrows.
ALT looks bearish (12H)It seems that the price inside wave B is big.
The large A wave is a triangle that has ended.
Big wave B looks like a zigzag, we are in wave b of this zigzag.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You