DASH has 4x Bullish Altcoin Cycle OpportunityThere is some big assumption coming with the 4x opportunity for DASH. The main one is that DASH will be able to participate in the next parabolic alt-coin cycle.
If it is does and taking a conservative approach multiplying its value to about 264€ is absolutely in the realm of likely possibilities.
There is four resistance level to conquer: 66€ (which it appears to over run this week), 120€, 160€ and 200€.
Reason I don't see Dash shooting for new all time highs is that it just has shown quite a bit of weakness versus Bitcoin and has had a massive >80% loss from its all-time highs.
Depending on your event horizon for the the parabolic alt coin cycle start and length here I see Dash reaching the 4x 264€ margin by July 2021, which is inline with my Litecoin projections.
Altcoinseason
Litecoin's tremendous resistance but amazing opportunity for 5xLitcoin is facing just like BTC a key resistance level at $64 if Bitcoin is able to continue on its path to break the resistance Litecoin is likely to follow suit.
Then the next barriers for LTC are $72.25 and $80.
After that assuming the next altcoin cycle will have been let loose by the Bitcoin bull run, Litcoin has the opportunity to 5x with a year.
It does remain to be seen if Litecoin can keep its Top 10 position by market cap however, with many new (DeFi) players getting all the attention.
Bitcoin leading All markets for weeks straight to All-Time-High?Bitcoin (BTC) is fully beating all markets and is the leading asset for many weeks now!
Three scenarios I can foresee.
(A) Bitcoin breaks through the $16,200 resistance and straight also through the $19,000 resistance and makes new all-time-highs. This is the very bullish scenario.
(B) Bitcoin bounces of the the $16,200 resistance to make a bottom at the $13,750 range to then break all resistances on the way to all-time highs.
(C) Bitcoin breaks the $16,200 resistance, but bounces of the all-time-high resistance level to make a bottom at $16,200 resistance level before making all-time-highs.
A mix of B+C is also possible.
Bitcoin is showing a lot of strength, really pulling along ALL of the crypto markets which is stretched to the downside in many key players.
I expect once Bitcoin gets rid of its resistance levels the Bitcoin Bull will let the other crypto assets bulls loose and the next parabolic alt coin cycle will explode.
KAVA USD pair to X10 in the following monthsSome signals are pointing to KAVA as one of the alts with more possibilities to x10 in the upcoming months:
- retracement from last pump reached 78.6% fib level, which means the retracement is coming to an end.
- it looks resistance and support lines are well defined from bottom to peak, so there is a good chance to trade in that channel.
- there is a huge bullish falling wedge you can see on the weekly and daily chart that should be about to break upwards. Same structure can be seen in other alts, another signal they are gonna pump sooner or later.
- Alt market moves usually come during the end/beginning of each Quarter.
- kava.io is improving its platform.
- Taking into account fib levels and r/s lines, KAVA is likely to have 7 usd and 10 usd price peaks in 2021.
These are good days to fill your KAVA bags.
Why is BTC dominance important and how it affects altcoins?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Altcoin party soon ?💎Alt. MarketCap🌴FREE UPDATE🌴
- Yello ladies and gents💰😎🚀
💎Altcoin market cap is recently sitting at 149 Billion Dollars.
💎ParadiseTeam is looking at the pattern shown in the chart on a Daily timeframe, and it seems perfect for a break-out.
💎Classic bullish pennant pattern, supported by EMAs, MACD and VPVR indicators. The volume looks excellent as well, and the flagpole length target above is around 221B.
💎Together with BTC dominance rejecting from the weak resistance already, this looks good for yet another altcoin party to begin soon.
MyCryptoParadise
iFeel the success🌴
Bullish pattern apparent for altcoins - can it break out?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Possible bearish retest for BTC.D looking good for Altcoins?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
ALTCOIN dominance (Y20.P4.E1).MACRO.Bullish.Can't be ignoredHi All,
I saw someone tweet this yesterday as the weekly chart and he makes a good point.
Its what many of us have been saying, at the macro level.
It also looks like when you see many Alts hitting their 0.618 or more retracement level with some already completing the reversal bottom pattern.
Its good to see it from another perspective, like this chart. It can't be ignored.
Cheers,
S.SAri.
Bitcoin Dominance there might be some tricky times for alts soonWe have a falling wedge coming closer and closer to finish inside a big bull flag on Bitcoin dominance chart. If first one breaks up, alts are in problems and when flag breaks up, it's going to close a carnage of altcoins.
We can probably get one more down (at least) on each of these chart patterns, but times when we have to become very careful with alts investment are closer and closer.
$MATIC / Matic BULLISH chartI have to admit... I absolutely hate this chart. It's so ugly. Just like XRP and TRX.
That being said. I'm still quite bullish on Matic. There has not been big news coming out of the company lately, but I'm sure they will announce something massive and DeFi-esque soon.
That chart is getting closer to the end of this massive triangle and soon has to decide weither it should roll over and die or explode upwards. (My guess is the latter).
The lower yellow line has been respected as support 5 times. Last time was yesterday.
The blue horisontal line has also been of big significance @ 167 sats.
My guess is that we break out of the traingle to the upside -> Meeting resistance at the top yellow and top green line (bit of zig-zag in that area) -> retest the top green line and bounce off it -> MOON CITY.
I would not be surprised though if we revisit 167 sats one last time as a fake-out. If what were to happen I would be buying enormous amounts og Matic.
Let me hear what you think!
#DYOR
[Update] BTC Analysis From Now to 11/2020, Altcoin Season !- After False Break BTC price go back in triangle and maybe will continue sideway in triangle.
- BTC Dominance backtest 62 done and will continue down to 57-58.
Still as the previous analysis, BTC sideway and BTC Dominance down is time for Altcoin Season, Altcoin will have new ATH.
Good mid term opportunityQtum has great fundamentals after a month from now ... New #Qtum Mainnet Release Qtum v0.19.1 - Hard Fork - Mandatory update - Offline #Staking !!
Also, Qtum is now on voting list for tokens which will be listed on Huobi Japan !
So we can enter now between 2400 and 2470
Short term targets:
TP1 2563 6.7%
TP2 2680 11%
Mid term targets:
TP1 2890 17%
TP2 3057 27%
TP3 3300 37.5%
TP4 3700 54%
All targets can be touched easily after the new updates ... And it can make huge profit like *2 *3 or even *5 on long term as it has great project ...
*Make your own analysis, and good luck*
Ziliqa Consolidating NicelyZILUSD is struggling with the 4-hour time-frame at the moment but from a 2-day and 3-day perspective things are looking very good indeed.
Price seems to have found good support around the 16 cent level to consolidate this months upwards price movement.
Our 40% target was delayed, but back in play.
Good fundamentals Icon has good fundamental news, the team will release the new update to mainnet on 27 july 2020 ..
On the technical analysis, Icon is now retesting the 38.2% fibo level resistance and it's highly probable that it will be broken ...
Mid term:
Entry point: Between 4300 and 4500
TP1 5567 29%
TP2 6544 52%
TP3 7936 84%
TP4 9709 125%
SL 3379 21%
*Trade on your own risk and make your own analysis*
Good luck.
Scalping opportunity ..POA/BTC testing 50% fibo point, which is a strong support ..
We can do scalping with entry point 157
TP1: 176
TP2: 183
TP3: 199
SL: If 4H candle close under 151
Make your own analysis ...
Good luck !