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Altseason

Golden Cross Re-test - Brief / Strong AltseasonAlternative idea for Bitcoin Dominance. Small rising wedge breakdown on the weekly that began forming at the start of a Golden Cross of the weekly 20/100 and 50/200 MAs (and EMAs, not pictured) Often after golden crosses, before the real bull run there is a strong re-test. A re-test of the 100 and 200 weekly MA over the next month or so would target the exact same TP 2 as the rising wedge breakdown, around 49%. 49% also sits at the wick high of weekly support. I see the possibility of a sharp drop down to ~49%, and if that level holds, a sharp rise up. This could mean altseason is right around the corner, but could also mean it gets cut short around end of July or in the fall. For a a different outlook considering a longer altseason and a sharper drop in dominance, see this other related idea: For a short-term bearish then bullish outlook on Bitcoin Dominacne, see here:
CRYPTOCAP:BTC.D
by dudebruhwhoa
What's Next For Bitcoin And Altcoins?Altcoins Bouncing, RSI About To Reverse & Why You Should Be Bullish 🚀 I hope you watched yesterday's market as excited as I did. Bitcoin broke a significant resistance and closed below 60k (today, it is already back above). But there was an exciting aspect to watch: Despite the heavy dip, many altcoins dipped only moderately or were up! As a result, the crypto market RSI stopped its long-term decline and didn't go lower. The question is, what's next? Here's my scenario: Bitcoin 📉 I am not a doom prophet, and I don't think Bitcoin will go much lower from here. Indeed, there might be another dip, but nothing substantial. Two other options are more likely, IMHO: a) Bitcoin goes sideways and hovers between 60-65k, or b) Bitcoin starts climbing and breaks the ATH. Altcoins 🆙 We will see a more substantial relief rally for many altcoins now. Yesterday's performance was so strong that it showed we might have seen Bitcoin dominance at the top for this part of the cycle. From this point on, money should flow into the altcoins market. How to trade 💹 Watch the coins that performed best yesterday (and today). BIST:LINK MIL:OCEAN , SEED_DONKEYDAN_MARKET_CAP:JASMY , SEED_DONKEYDAN_MARKET_CAP:FLOKI are just a few examples. Usually, the tokens that perform well on days like yesterday are the ones that deliver the best results.
COINBASE:BTCUSDLong
by ben_walther
Bitcoin Hidden Bullish Divergence Post Halving: Hold or BuyThe Bitcoin halvening puts the price action of bitcoin on a four year cycle that so far has resulted in a higher high each cycle. Until that changes the best money to be made is by incorporation that periodicity into your trading plan and figuring out when to buy, sell, and hold. In a bull market you are suppose to "buy the dip, and sell the rip." But not all dips are equal, a nd one thing that sets dips apart is divergence. Divergence Primer Normal Divergence (Trend Reversal) Bearish: Higher highs on price action but lower highs on the indicator Bullish: Lower lows on price action but higher lows on the indicator Hidden (Trend Continuation) Bearish: Lower high on the price action and higher highs on the indicator Bullish: Higher low on the price action and a lower low on the indicator We clearly see that we have some hidden bullish divergence. We can also clearly see that the RSI is "oversold" just 65 days after the bitcoin halvening. Historically this is a great time to buy. A look at the 2016-2017 bull market shows buying hidden bullish divergence and/or when the RSI got to over-sold on the daily chart was a outstandingly simple but profitable time to put in some buys. Those price levels were NEVER reached again on a retrace. Without exaggeration and irony after this pull back bitcoin may never return to this price again, give or take a day or so for a base to be put in. At this point, the only reason I can see to sell bitcoin is to buy alts that look good or because you have some bills that you must needs pay to remain solvent. But of course, I am not a financial advisor and even if I was, I am not your financial advisor. My best call in a long time has been my FTM trade. FTMBTC recently itself just had the RSI go to over-sold and it looks like price action is turning previous wedge resistance into support. I have currently moved up the risk curve and am in a small cap coin that is out of the top 100 in market cap. So far its been painful but in the long run I think the rotation will pay off.
INDEX:BTCUSDLong
by This_Guhy
#ALTSEASON is knocking the door! Are you prepared??#BTC Dominance: The Moment We've Been Waiting For. The true alt season begins when ALT/BTC pairs start displaying strength, and I believe we're already seeing signs in several altcoins. I'll be sharing more details soon. The liquidity exiting the market is poised to flow into solid altcoins. You have to be patient, No FOMO! Follow me if you don't yet, and hit the like button if you find my insights helpful. When I start entering the altcoins, you'll be first to know! Be patient. Stay strong folks. #Crypto Do hit the like button if you like it and share your views In the comment section. THANK YOU #PEACE
CRYPTOCAP:BTC.DShort
by Cryptorphic
10
VET - Falling wedge - Waiting on Breakout#VET/USDT #Analysis Description --------------------------------------------------------------- + VET has formed a clear wedge pattern, and a breakout seems imminent. + If the price breaks out from this falling wedge pattern, we can expect a significant price increase. + I'll enter a trade after the breakout occurs. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.03653 Stop Loss: 0.02987 ------------------------------ Target 1: 0.03959 Target 2: 0.04374 Target 3: 0.04893 Target 4: 0.05911 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
ALTCOIN BULLRUN UPDATE | IS BULLMARKET OVER OR NOT YET STARTED?What if I say the bull run hasn't started yet? It was just a Bitcoin run. Altcoin bull run (2024-25) will start very soon! Retail is now panicked because they think bull market is over! Market will only continue to go down. That's what they think before the real bull run starts. ETH is the king of ALT coins. Both the 2016-17 & 2020-21 ALT bull run started right after ETH (btc-pair) bottom and BTC-DOM top was made. Bull run is not over! Check the chart, It hasn't started yet. The great altcoin bullrun (2024-25) is still to come🌚
CRYPTOCAP:BTC.DLong
by cnb006
Why we maybe about to see ALTS revived....A Surprising structure This is the OTHERS.DOMINANCE chart on \ MONTHLY scale. Altcoins Dominance — Index Chart - TradingView Crypto Total Market Cap Excluding Top 10 Dominance, %. OTHERS.D Crypto Market Capitalization. OTHERS.D I have marked the Bitcoin Halvings and ATH also as a marker and we have a number of very interesting things to note. Lets start at the beginning. ALTS first came into being in 2011 with Namrecoin and Litecoin. This is how we manage to have the OTHERS.D before Ethereum was created in 2015. Many think ETH was first, it was not. We shold pay attention to the Gashed horizontal line going across the chart. PA rose above this in early 2017 and has remained above it ever since. In fact, this line has acted as support 3 times previously and is currently acting as support to the PA Right now. This cold lead to the ALT recovery we need right now. BUT, also take note of the day Spans of A - B and Aa - Bb Span A is from the BTC ATH to the next Low on the OTHERS.D PA, From that Low, see how it rose Through the BTC HALVING ( dotted yellow line) - This is span B. See how it Dropped down to the line of support and then Rose and created an ALT Season Now Look at Span Aa from the Nov 2021 BTC ATH. We have a VERY similar day count to when OTHERS.D returned to the line of sippport, where it once again, bounced up and begins the Span of Bb. But this time, when BTC Halving came in, OTHERS.D PA has Dropped sharply, earlier than last time. This is very likely to be because of BTC.D and the Long Term Holding, Buying of Bitcoin for ETF's and the Sentiment. So the real question now, is will OTHERS.D PA Bounce as previously or will support fail And for that, we have to wait and see. It is worth noting that ALTS is a massive market and while the Dominance maybe falling, we can still see some ALTS like Solana Race to the top with 1000% Gains. This chart is a Long Term Gauge of where the marklet goes and it should also be nothed that Bitcoin has reached ATH while this PA also rises.
CRYPTOCAP:OTHERS.D
by Orriginal
Token name from you, Analysis with me(6/22/2024)Hi everyone, I hope you have a great weekend. Last week, this type of post was well received; as I said, I will share a post for your Altcoin analysis request , where you write the Project name and Token symbol in the comment section, and I will then share the token analysis with you. Please pay attention to the conditions. For example , write Bitcoin(BTC) in the comment. Project name : Bitcoin Token symbol : BTC A maximum of 20 tokens will be analyzed for you. Each follower, please register only 1 analysis request in the comment section. Your token analysis will be shared below your comment . I hope you are always healthy first and then rich. Please do not forget the ✅' like(More energy for me) '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
104
zkSync(ZK) will Drop at least -10%The airdrop of the zkSync(ZK) project was done less than 3 days ago. The ZK token, which was recently airdropped by zkSync, saw a massive sell-off. Almost half of the original recipients sold their entire token allocation, causing the price of this token to fall by more than -30% within a day. Despite complaints about unfair distribution, data shows that almost half a million wallets have received their share of tokens. What is zkSync(ZK)!? zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Our mission is not only to merely increase Ethereum's throughput, but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale. --------------------------------------------- zkSync(ZK) succeeded in breaking the lower line of the Parallel Channel and Support zone($0.2170_$0.2100). I expect zkSync(ZK) to drop at least -10% and continue to drop at least until the Support zone($0.1970_$0.1850). Note: An important point you should always remember is capital management and lack of greed. zkSync Analyze (ZKUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
4
When is it gonna happen?As we know BINANCE:CRVUSDT made all time LOW last week, but couldn't able to close a candle below old LOW which is at 0.34. Some might say BOS happened last week, but there are few things that I noticed and still considering LONG-FUTURES trade. 1. Multiple BOS happened since June 2022 somehow couldn't able to close a candle below. 2. MACD Divergence 3. Liquidity movement 4. Volume looking decent and increasing. 0.5 is a minor crucial zone which can decide either long or short. If BINANCE:CRVUSDT able to close a candle above 0.9 will be a huge confirmation to continuously go up even to make higher high in 1W TF.
by terayu
What's next for altcoins ? TOTAL3 analysisAt present, the CRYPTOCAP:TOTAL3 , which excludes the Bitcoin and Ethereum Marketcap, is navigating through a critical phase. 'total3' has now come into contact with its short-term support level, a zone that has repeatedly demonstrated its strength and sturdiness, having successfully held up multiple times in the past. This support zone is of paramount importance for the performance of alt-coins. In order for these alt-coins to see an uptick in their values, this support needs to prove its strength once again and hold firm. Moreover, the total market cap needs to experience a bounce back from its current position in the 600B zone. If these conditions are met, it could potentially lead to a significant price boost for the major alt-coins in the market. However, there's always the possibility that this support fails to hold up. In such a scenario, the ensuing support is situated around the 500B mark, which is also a robust support level. Should the total market cap hit this support level, we can anticipate a bounce back. But it's crucial to note that if this support level is indeed tested, it could lead to a considerable number of alt-coins losing their value. As of now, it remains to be seen which of these scenarios will play out. Personally, I am hoping for a rebound from the current support around the 600B mark, as it would bode well for the state of the market and the alt-coins in particular. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers, GreenCrypto
CRYPTOCAP:TOTAL3
by GreenCryptoTrades
Can we get a golden opportunity soon?So there are a few things that I noticed, and it could be a great opportunity to consider either SPOT or FUTURES trading. As you can see BINANCE:MATICUSDT was holding an uptrend channel it has been a good support since June 2022. Looks like it is breaking down which is a very bad sign to go down further, but there is a major support zone at 0.3-0.35 area. This support zone must hold it otherwise we might even see a 0.05 area. The closing candle around 0.485 will be 3rd BOS (break of structure), and confirmation to continuously go down. I will consider Long trade around 0.3-0.35 area.
MShort
by terayu
1