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Altcoinstowatch

$VIDT Volume Profile, MACD, Bullish Trend Indicating a BreakoutHi All, With Bitcoin confirming a bullish trend, historically altcoins are not too far behind the rally. Today i am looking at $VIDT, a data integrity blockchain project based out of the Netherlands. I have been following the fundamental business development of VIDT over the past month and can see some strong long term potential profits based on their token economic model. Coupled with great partnerships such as AMSPEC and IBM, i recommend taking a deep dive into the telegram library for further information on monthly token burns and adoption metrics at: t.me/VIDTlibrary Turning to the technical analysis, We can see that on the daily chart, VIDT has maintained a strong performance against the BTC ratio (uncommon during BTCs tradtional explosive moves upwards when valued against altcoins). This shows us that the hands are strong across the current wallet holders (which stands at a count of 5743 as i write this article). We have bullish confluence across three key factors: 1. We have began printing higher highs and higher lows on a long term time frame (daily). 2. The MACD is rising in agreement with price, creating higher highs and higher lows. 3. Price is sitting above the 10/20 EMA, EMAs are in correct order for an ascending channel. The Key Factor: In conjunction with the three indicators of confluence above, we can see a clear channel above a low level of resistance (0.00001547). When inspecting the Volume Profile on the right hand side of the chart, we notice VERY LITTLE resistance to return to previous heights. This indicator is a VERY STRONG sign that once the key resistance level is broken, price will accelerate rapidly as the market has yet to solidify a price within this range. Couple this with the current strength of holders mentioned previously and i am expecting to see a quick return to previous highs, potentially printing new highs after a test of the previous level of 0.00001300. This implies that a break of the prior resistance at 0.00001547 would lead to a clean target of 83%. As always, this is not financial advice. I strongly suggest you do your own research on this project prior to investing. Loads of resources available on this project at about.v-id.org and multiple telegam channels.
VLong
by basementTrading
9
#ALGOBTC.. IF IT IS NOT NOW, WHEN? I think there is no need to say much for #ALGOBTC, ALGO should act against Bitcoin soon.. Although there is no signal about returning from the bottom up yet, I think Bitcoin will bind to bed for a while and there may be opportunities in some altcoins, we will wait and see .. You can find important levels in the chart .. Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk.. I wish you all the best..
Long
by OguzhanSengor
Bitcoin Dominance Targets for 2020Given the breakdown structure of Bitcoin Dominance during the 2017 Altcoin Bull Run, and facing the present top formation in Dominance in the spring of 2020, we may expect Dominance will drop as the second and third generation crypto technologies mature. Coronavirus changes medium term expectations. And can be viewed as an event that will distinguish the viable crypto projects from the good ideas that are not ready yet. Altcoin Season 2020 Bitcoin Dominance is only part of the story. It is a great bit of data, but it is the average - and it goes not provide insight into the best altcoins to watch in 2020. Instead, we need a consistent trend following trading plan that we measure each individual crypto against... and continually grade all the coins against this plan so that we come up with a standard measure to determine which are the strongest coins - and which are the least likely to survive. 2020 Will Be A Year Of Delistings Many crypto projects have been working on a shoestring and a hope. With coronavirus sweeping out the world economy, good ideas without business backing... will have to restart again later. By grading each coin on Binance and Poloniex daily, we created a simple Color Coded Spreadsheet that now lets us sort, review and compare the performance of each coin over the past mini altcoin market moves, and we can quickly sort out those projects that showed strength and have pulled back, from those that did almost nothing, and have also pulled back. We have a clear list of about 50 coins on Binance that are the altcoins to watch in 2020 AND perhaps more important, we have a list of coins that may be DELISTED, and never have any gains from the altcoin season in 2020 The Bull Market Watch by introtocryptos.ca Altcoin Season 2020 Will Be Slow Given the general economy, growth in the best crypto projects may not be as explosive as the 2017 bull market. Watch for slower trends in alts, with more moderate targets in Bitcoin Dominance.
CRYPTOCAP:BTC.D
by DigitalCurrencyTraders
2
Bullish altcoin fractal - Total altcoin marketcap to grow 173%?Bitcoin has seen an exponential rise, and if you ask around in the crypto space, this would mean that altcoins bleed. However, I'm seeing a bullish fractal on the cards. Bitcoin, depending on how you draw the descending channel lines, may or may not have broken out of the descending channel. With the altcoins, it's very clear that it's broken out of the descending channel. Also, near the start of the last altcoin boom, the 9 and 21 daily EMA crossed above the 55 EMA. Right now, the 9 EMA has already crossed and it looks like the 21 will soon follow. The last altcoin boom lasted about 5 months, so, although past performance is not indicative of future results, could we see an altcoin season until the halving?
CRYPTOCAP:TOTAL2Long
by Nick010
FTM/BTC Daily Entry and Targets 250% Potential gain.I'll be sharing the charts of my best picks for the upcoming bull run. Fantom is one of them and I'll start with this one. One of the most promising Altcoin on Binance is FTM. Fantom/BTC just broke below the reversal channel of a Rising wedge. We will wait for some more downside price movement and ladder in partially. No clear picture in RSI, MACD or other indicators yet. But still below the pivot point. Also trading below 50D and 21D MA. ENTRY: 107 TO 125 (Ladder in with partial buys to average your entry) You know that no one knows the bottom. Better don't miss it, right? Many good news are also on the table Means Fundamentals are very Strong,. This is one of my best bet for the upcoming bull run. MACD seems to have a bullish crossover soon. We will go a bit lower following a channel (Falling wedge) with a H&S Pattern. Breakout is imminent with this formation. This is not a Financial Advise, please do your own research my ideas are for education purpose only.
by Cryptorphic
2
Altcoin Market Bracing for Major Move - Bull Pennant?The Altcoin market has been beaten down for months, a minor relief rally at the start of 2019 has been followed by a slow grind lower for all but a select few names. Undoubtedly the Altcoin market is poised for a major move, the direction is unclear, but the compression in this market is undeniable. Big Picture: Left Chart - Currently sitting at the 50 period Monthly EMA, this area acted as support during the initial bubble burst of 2018, it may act as support again, however if it fails, then it sets the Altcoins up for a major fall. - Currently in what appears to be a bull pennant (trend continuation pattern), this pattern is likely to resolve soon, likely within no more than 2 to 3 months. Compression: Top Right and Bottom Right Charts - The top chart shows the weekly timeframe and highlights the current bullish divergence between the momentum indicator and the price action, this does lend SOME strength to the bullish argument. - The bottom chart looks at the 3 day timeframe, the highlighted regions depict the prior instances of market compression and the resulting moves, this also highlights the need for caution, as these periods of compression can break in EITHER direction. The fundamental supply and demand dynamic of the halvening, inflows of institutional money and the current extremely beaten down Altcoin market would tilt the scales in favor of the bulls, however, should this pennant break to the downside, which i would classify as a decisive close below the lower trend line AND 2 closes below the 50 period monthly EMA, then the downside could be quite dramatic.
CRYPTOCAP:TOTAL2
by Profit_Link