Welp just like my last post stated, we had plenty of room on the daily to drop down to support. While I was hoping for a breakout upwards, we did drop out and have find some EMA support on the daily. Hourly on the left is tight right now and primed for a move.
Welcome, Trader. Welcome to our cryptocurrency community! 🚀We are delighted to welcome you, whether you are an experienced trader or a newcomer to cryptocurrency. We are willing to discuss #ALTCOINS 💹. #MARKET CAP 🔥🚀. Update: Time frame: Daily ➡️ Crypto market cap is increasing efficiently according to the chart ➡️ Breakout confirmation is already done 🚀. ➡️...
Hourly tightening range setup with a daily breakout off support. If we are still in a bull market, this could keep breaking out upwards instead of pulling back! HOWEVER!!!!! There is alot of room for a pullback on the daily chart (right). Any leverage traders will be forced to sell/liquidate on an hourly break downwards as it will be a double digit % move....
Hi Everyone! VXG Analyze ( XVGUSDT), 1-hours time frame ⏰ In this Analysis, we can see some Buy or sell Levels that I shared, watch it carefully, and Follow Price action. GoodLuck Guys! *Follow For More! *DYOR
The trend is still our friend. I still see bullish developments in the price action. We must have patience. Dips still must be bought. The plan hasn't changed. We still aiming for that time period of 9 -15 months post #BTC Halving. We are only one month down :)
Hi Everyone! NEAR Analyze ( NEARUSDT.P), 4-hours time frame ⏰ NEAR looks like making HnS Pattern The breakout from the HnS pattern presents a potential buy setup - if NEAR can continue pump, first target is 8.920 - and You can Buy on Breakout 7.685 - or buy on support 6.785 GoodLuck Guys! *Follow For More! *DYOR
Following Bitcoin and Ethereum's market moves, which I've discussed in previous updates, it's time to turn our attention to Altcoins. Historically, Altcoins tend to flourish once Bitcoin has had its rally. This dynamic allows Bitcoin holders to potentially reap profits and diversify into Altcoins. The retail market's focus has notably shifted towards Altcoins,...
This very well could just be a relief bounce straight up the EMA, but there is such a nice gap between here and that EMA. its worth the risk off this level. POC and price support holding price up currently.
COINBASE:RENDERUSD A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern. Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the...
Immediate bounce here at this POC after quite some time playing at the downside. With BTC on support, I can only hope it confirms, or consolidates further on its support instead of dropping, to allow these alts some upside room. Risk is tight in this area.
This is the 6th test, or more if you want to count the individual candles, of this hourly resistance. We will be seeing a breakout or breakdown soon.
I am hoping to see this follow alot of other alts that have been making attempts to the upside. I have to see a nice volume candle to get on the train though. With this being an hourly chart, If I do see a breakout, to the upside OR downside, ill shuffle down a few timeframes looking for scalp trades in that same direction.
Watching the hourly for a breakout further north off this EMA. Risk is clear with a stop at the bottom/under the consolidation batch of candles to the left. An EMA break here would see a pretty gnarly move down, so be careful, use your stops and move em up.
BITTREX:CROUSDT As seen from the CROUSDT chart, the Bitcoin Dominance Chart reveals many secrets when overlayed onto your altcoin chart. They key reason for this being the constant rotation of money in and out of Bitcoin, and into and out of altcoins. If you're looking for a more detailed explanation on when to buy altcoins, check out yesterday's update...
Using the new volume candles from TradingView which are absolutely amazing. We can state some simple facts. We are currently in a zone where previously, fat candles have formed at this zone. I am expecting another fat candle, hopefully to the upside out of this zone. HOWEVER! I will play to the downside as well. This is a tightening range, and a breakout is...
ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season.
Looking higher after seeing this nice candle break over the EMA after testing a longer term support. Accompanied by volume (fat candle) and declining volume on the way down (thin candles) this is nearly a text book bull flag.
If you find this information inspiring/helpful, please consider a boost and follow! Got the looks of an Elliott wave impulse here. I will be watching this chart closely to see if we can get a corrective pattern that stays internal to this suspected impulsive range. Preferable a clear ZZ or other pattern will develop and print down in to at least the discount...