Get started

Altcoinseason

$BNB - $510 the goal - memelines the GOATBNB has done amazing things fundamentally with BSC - binance smart chain, staking opportunities, the exchange itself so it has been uber bullish The cleanest pennant I've ever seen, break and retest and its only been up Memelines are the GOAT Should see a decent pullback at the 2.0 as the chart is pretty extended and that will be a whole standard deviation extension from the pennant high High 300's to low 400's are 4H demand areas and 1D structure levels, good areas for buys on corrections!
Long
by InvestmentsHub
4
Total Altcoin Market On Its Way To $1 Trillion Market Cap1 Year ago, on March 31, 2020 the total altcoin market was valued at $62 billion. Today Ethereum alone is valued at $210 billion. TOTAL2 measures the total market cap of all altcoins (Total crypto market with BTC excluded). The Total Altcoin Market is currently valued at $700 billion while BTC has a market cap of $1 trillion. Looking at TOTAL2 there is resistance at current market cap level of around $700b. The altcoin market is continously making higher lows and is creating somewhat the same highs. This is creating an ascending triangle meaning we can see global breakouts across altcoin markets in the coming days. The Relative Strength Index is showing bullish progression. RSI seems to be "breaking out", an RSI level of 85 seems like a good index level as a target. On the Weekly Timeframe you can see this market is healthy by retesting previous alltime high zone: Does this market structure look familiar to you? It might remind you of BTCUSD at the end of 2020, it has the same type of market structure. If the altcoin market follows the same course, things could get very exciting for altcoins: Next I looked at some of the top-10 altcoins by market cap such as ADA, BNB & THETA and they all look bullish or creating bullish patterns. If the total altcoin market increases 42% in value, the altcoin market would be valued at a market cap of $1 trillion. This is a huge psychological level and when BTC hit $1t market cap this created alot of FUD and Bitcoin dipped 30%. BTC's Dominance in the overall crypto market remarkably finished making a perfect Elliot Wave: (This chart works with percentages on the y-axis.) 3 strong impulsive waves (1-3-5) followed by a 2 corrective waves (A-C) and retested previous trend perfectly (B). Great Elliot wave! Bitcoin also pulled back perfectly to the 50k USD zone. This is very promising for the longterm! The longer price stays around this area, the better it is remembered by people for the longterm. If a number like that is skipped too fast it can create unsustainable growth and uncertainty/doubt for the future. Also when Bitcoin increases in value, it is almost inevitable altcoins will too. So I come to my last bit I want to mention: every last Friday of the month the contract options of CME expire. This usually creates a dip nearing this point in time. It's one of the biggest exchanges for trading derivatives and has an effect on the Bitcoins market:
CRYPTOCAP:TOTAL2Long
by jonathanvn
BNBUSD : COIL / SWING TRADE 🚀 🚀 🚀 Uses of Binance Coin Just like other evolving cryptocurrencies, the Binance Coin offers several uses that go beyond the Binance exchange, such as: Trading: Binance Coin can be traded for other cryptocurrencies on various exchanges, depending on the restrictions set by the exchange. Transaction fees on the Binance Exchange: BNB can be used to pay for transactions on the Binance Exchange, and users also receive a discount for doing so. Credit card payments: BNB can be the form of payment for crypto credit card bills on Crypto.com. Payment processing: Merchants can offer BNB as a means of payment for customers, offering more flexibility in payment methods. Booking travel arrangements: BNB can be used to book hotels and flights on select websites. Entertainment: From paying for virtual gifts to buying lottery tickets, BNB serves several purposes in the entertainment space. Investment: Several platforms allow investors to invest in stocks, ETFs, and other assets using Binance Coin. Loans and transfers: BNB can be used as collateral for loans on certain platforms. Also, there are apps that allow users to split bills and pay friends and family through Binance Coin. SOURCE : corporatefinanceinstitute.com BNB ANALYSIS VIDEO - Where To Find 100x Tokens Before It's TOO LATE!! 🚀 www.youtube.com SOURCE : COIN BUREAU, Feb 11, 2021
BINANCE:BNBUSDLong
by TradingMavericks
3
Strong Retracement Scenario: BTC 4h need to test $47k zoneAs I mention before in my previous prediction, there is 1 scenario that bitcoin need a strong retracement before take of. Lets have a look together! The chart above is the Idea that BTC will forming a bull flag pattern which contain 5 wave ABCDE. Up to now, we are in the D wave heading to 57.7k, during this time we will witness the altcoin wave, they all will pump around 50-200%, especially midcap coin. After D, if the price did not break 58k, it has to be retrace down to 47.6k and completed 70% of the bull flag. We can have here a good entry for the next altcoin pumping wave, expecting from 200-500% profit during the way to 68k. If you have any comment or idea, please let me know! Please Like, Share and Follow my account, this will be the huge motivation for me continuing my prediction for the community. Thanks a lot! Hope you guy have a big profitable week!
Long
by st3ve40k1
2
$CryptoCap - time to prove your worth - alts to thrive?Previously we saw breakouts on this 'altcoin dominance' chart meant alts ran pretty damn well against BTC E.g. DeFi summer 2020 where any coin with finance in its name would 10x E.g. new year ape szn where 80% of coins 5x I think the second example is not done yet though Market just saw a massive correction in alts again and if this 1W candle holds the breakout and the 0.5 this cryptocap chart would suggest alts have momentum to grow against BTC As BTC also looks decent - bull flag is brewing etc. this could be an explose couple of months especially when the DXY's track-record for April is poor Time to find some plays on some alts by the looks of things
CRYPTOCAP:BTC.DLong
by InvestmentsHub
BTC.Dominance and ALTSEASON OPPORTUNITY☝🏻 The dominance of Bitcoin over the last 40 days has demonstrated a sideways-accumulation cycle that has not yet appeared in the graph. Despite the sideways structure, some BTC pairs were able to experience extreme up-trend movements and the overall atmosphere in the altcoins market was positive. The situation and sentiment have changed in the last 10 days and most altcoins are experiencing advanced corrections. SobPersonally, I am always happy for the movement of UP dominance, because it opens up many opportunities to buy / buy running altcoins for both USDT and BTC pairs. The rebound towards UP occurred from the currently strongest support of 60.5-61%, which will be the benchmark for a potential altseason. In the event of a breakdown of this level, I expect a drop in dominance of up to 50%, which would result in a several-week uptrend cycle on altcoins. ✋🏻Personally, I will be very interested in tomorrow's 3D close, because the last candle closed over the strong and respected BK77 3D, which last happened more than a month ago. Although I have been observing a decline in dominance again in the last 2 days, I speculate on this movement only as a retest of a broken trend in convergence with a combination of 4H BKs. There is still plenty of time until tomorrow's close and in case of impulse movement on BTC, the 3D candle can close over BK77, thus confirming it as support and I will expect the UP movement to continue to the zone 64.15-65.1%, where I will watch re-entries into altcoins. 👍🏻 Otherwise, a typical sideways-declining trend along the trendline may occur again in the dominance, back to the zone of strong support, where we will monitor the reaction to the determination of the middle-term setup on BTC.D. In this case, we will definitely follow short-term setups on USDT and BTC pairs, which can continue in the green for a few days. Many altcoins also broke down strong support zones and High Time Frames BKs downwards, so continuing the correction would make more sense. This would, of course, allow us to pick up decent purchase prices and give us the opportunity to be better prepared for another downturn. 4H graph: 3D graph:
CRYPTOCAP:BTC.D
by Tradify_Seb