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Altcoinseason

30 days TIME WINDOW for buying BNBNo need to discuss the future of BNB the native token of the biggest and most famous exchange in the world ! Binance Coin outperformed Bitcoin by large measure during the 1 year BULL and 1 1/2 year BEAR market !! ... until it peaked in BTC terms on about the 20th of April 2019. In Bitcoin terms it HAS LOST 2/3 of its value (- 64%) until today !! That's a lot for a winner like Binance. HOWEVER ... THE GOOD NEWS is it seems it will bottom in the next 30 days timeframe !! There is a 30 days window to buy up this 5* coin on the cheap ! Target: 0.001616 BTC If you are less aggressive, you can buy it now: who knows if it will get there ? We are only 5% away from target ! Could this be THE FINAL SIGN of the START OF THE NEW ALTCOIN BULL MARKET ??
Long
by Dangermousebanana
Neutral on NEO, until... hi @shayyaaneshan, here's the NEO analysis that you requested. NEOUSD has been stuck in a range for 2 years. From $5 to $25. Good news is that current price is testing the downwards trendline and also pushing against the weekly ichimoku cloud (using crypto settings). A rise from current price of about $13 to a closing weekly price of about $15 (or higher) suggests a test of the trading range ($25) and possible continuation all the way up the cloud to $100, a 600% gain. The rise from $15 to $25 seems totally reasonable based on the technicals. We'd have to re-evaluate the chart once it reaches there to assess the breakout to that higher target of $100. MACD and RSI both point up. But until price closes inside the cloud above the downtrend resistance, it could just as easily get pushed down again from current price by bouncing off the bottom of the cloud and getting rejected once again by that downtrend. Until NEOUSD breaks above downtrend resistance and cloud, we're Neutral.
BINANCE:NEOUSD
by Sparkster
1
XRP/USD NEW HIGHS ON THE HORIZON? ENGLISHBitcoin is acting up as usual. After the $100,000,000 liquidation hunt that occurred yesterday, I think we may be looking for an interesting weekly closing candle. That in mind, in this chart, the orange dotted line is where we should aim to break and hold. That represents the weakest resistance. Should we break that and the following red dotted line, I would like to see a quick push back to 30 cents by the middle of next week, if not by the end of today. Entry : 0.27676 SL : 0.24722 I chose a riskier stop to avoid the stop hunts that frequent this asset, well, this asset class as a whole. LOGIC FOR LONG ENTRY : 1. BTC's prospective health prehalving. 2. Broke back above and held support on the 3hr. 3. XRP reached over 35 cents when BTC was meddling around at the 9.9k-10.2k levels, which I expect us to return to shortly, maybe today, or the end of Sunday. 4. Financial sector prospective reform. 5. Top 5 market cap cryptocurrency. 6. "Altcoin SZN BRUH". 7. Practical use case. 8. We are still in a bull market.
KRAKEN:XRPUSDLong
by Z3R0Matrix
Altcoin multi-year pattern breakout to 225 billion?Early January I published 2 bullish fractals for the altcoin market. Since I shared this, the altcoin market almost did a 2x. One monthly chart fractal , containing a bullish engulfing candle after a double bottom, back at 64 billion. The daily chart fractal displayed a breakout of a descending channel. Even though we're only halfway through February, current charts show a breakout of a 2,5 year symmetrical triangle that has the potential to propel us back to ATH. At the time of publishing, we are right at strong monthly resistance of 113 billion. If this is decisively broken, get ready for 225 billion. After that, were off to all time highs. RSI has already broken out of a multi year downtrend too, with a lot of room to grow.
CRYPTOCAP:TOTAL2Long
by Nick010
6
Has Alt Season arrived?With BTC climbing we are this time seeing much of the altcoin market overtaking it and BTC Dominance falling. But has altcoin season definitely arrived and a sustained bull market to come? From a technical point of view I'd be reluctant to call it this until the total market cap at least breaks above the 0.236 line of the current cycle's high and low. We tapped this level in June last year when BTC reached $14k. One bullish sign is that we have closed nicely above all key EMAs on the Weekly. However the RSI is reaching previous resistance and also the Stoch RSI looks like it could cross down in the next couple of weeks which is often a strong indicator. We may see plenty of cooling off even on the way to the .236 if we make it. I think on balance of probabilities that we could continue to see some bullish price action for a couple of months at least until the Bitcoin halving in April/May. However whether altcoins outperform BTC in this time is harder to predict. I am treating this time as an opportunity to diversify risk but always measuring gains in BTC. Always examine each opportunity on its own basis, look for sound entries and manage risk reward.
CRYPTOCAP:TOTAL2Long
by mastaplan