Evening fellas, I hope you took adv. of this previous drop. Hopefully you noticed the fact BTC dropped more in % than most alts. Means that most alts bottomed with their /btc pairs and are ready for gains. If BTC starts to range here ($56k - 61k) for a few days, a small 10%, dominance could drop, allowing alts to run nicely. Trade thirsty!
After a healthy correction of around -70% (totally normal for a S coin) we have technical basis for a recovery rally A double bottom with bullish RSI divergence A down trendline break With a general altcoin rally I expect this to be trading back in the 1 dollar plus area soon enough.
Tight like a tiger here. We are going to be seeing a move soon! The daily trend is suggesting up so long as we hold EMA support.
BINANCE:ADAUSDT Cardano, like XRP and a few others, have been left behind during the recent BTC surge. We're about to see another leg up on BTC and likely a new ATH but ADA is barely able to break out of accumulation zone successfully. A few other altcoins that call for concern include the following: Other altcoins are sowing more promise. Volatility is...
Im looking at an hourly scalp right now and will come back to a potential swing here on the daily. So long as we keep alt bull momentum market wide this will run nicely.
Im looking at an hourly scalp right now and will come back to a potential swing here on the daily. So long as we keep alt bull momentum market wide this will run nicely.
Riding the EMA here and seeing a stretch higher with ETH and BTC dominance backing up the alt rally. Daily trends potentially changing to the upside across the board.
According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the...
#ALTUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about ALT ALT has breaked the main falling wedge pattern. We can see gain here upto 50%+ soon ✍
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
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.