XTZ/BTC good buy opportunity (100%-400% possible).+ Price is still consolidating (green) after printing bullish divergence on both RSI and MACD (orange)
+ Increased volume in last four months.
+ Still no significant upward movement comparing to other altoins.
+ Bitcoin just finished it's correction so it's much safer now to go back to altcoins market.
Strong resistance levels at 19k and 36k sats.
Good luck!
Altcoinstowatch
SKLAs u all know if you follow my trades I am long SKL. It was the only Alt coin I kept open after Aril 13th. I tweeted that the top was in on alt coins and actually fomo ed back in B4 realizing that I was right I basically missed the top by few %. This was big for me b c I been trading crypto for many years and have always been super greedy, and kept adding my winnings into new trades or just HODLed up then back down. I would tell myself I like this coin or that coin and am holding for years.
I do keep LT alts but once I changed my perspective on alt coin trading was when I actually made a nice return and kept it.
You see the money isn't real until you actually sell into USD or whatever currency you trade with and then keep it and don't put the winnings at risk.
Anyway I will get off my soap box here and say I held SKL up to .83c and back down to where we are today. I even knew .83c was the top. But I did this because I wanted to be in a trade and was still kinda 1/2 new big mike taking profits like a boss and 1/2 stupid big mike making Noob mistakes.
But I also didn't think we would get this wrecked since I pulled my cash out.
If you look at my old analysis on SKL I had this alt in a triangle with fib extension from the .53c lows in Feb.
Now I can see the pattern we are in and I think it is more of a falling wedge and I am still expecting a big push for SKL b c I feel it is lagging.
How is it lagging Big Mike? look at the weekly Stock RSI on most Alts vs USD & VS BTC and the weekly charts r coming out of overbought or still in overbought.
But SKL (also ADA) r currently in oversold and have yet to have the big push. Anyway that is my theory you guys should always DYOR.
The Next Big Thing in Crypto?In this video I set out what I think could be the next "big thing" in the crypto industry - Creator / Community Coins.
Let me know your thoughts below.
BItcoin - 4Hr Chart altcoins seasonHey Traders,
Just a quick update on overall BItcoin Trade Idea.
Bitcoin failed to reach the retest area at this stage, we will need to have a HIgher High for this to be Super Bullish...
(orange line) is potentially a prediction of a Descending Channel.
Im not a financial Adviser this is my own personal opinion of where market could go.
Thanks
$GBP USDT Falling wedge GBP just alerted a Mac D buy signal as well as a buy signal on the weekly Stock RSI. This is one of few that have not went parabolic yet and it's time is near
UTKUSDT - BIG LONG SETUPUTKUSDT - is looking very bullish. On the daily timeframe market has been consolidating in this bullish flag, if you drop to the 4hr you can see we are now at the support zone and we have a nice corrective counter trendline and a horizontal resistance we are currently below- we need to see a break and close back above this confluence of resistance before we can take the long - eventually we should then breakout at the top range of this flag pattern.
$ATOM - looks pretty ripe on a breakCurrently breaking the range derived from the 1D chart of the recent consolidation
We also have a pennant/a downward resistance trendline
Flips of these into support will be very positive
Also a flip of recent deviation high 23.2 would be bullish, and a good place to bid once passed
Not much wrong here, awesome project too is Cosmos Atom
Let's see how it and other alts perform while BTC should start to rip higher now
Generally it has meant alts have struggled so if you dont have exposure yet I wouldn't jump the gun
NAVUSD- BROKEOUTNAVCOIN we are currently up around +150% profit price on the daily timeframe at the moment is respecting this area of resistance but in the shape of a big ascending triangle im expecting a break above this zone and the continuation to the upside soon.
BCDUSD BROKEOUTBCDUSD what a perfect entry we are up about 250% profit so far on this one beautiful break above daily and weekly resistance now what we are seeing is a nice correction before we see the continuation to the upside.
ZECUSDT LONGZEC is bullish we have recently broke above daily resistance with a strong bullish impulse, which has been followed by a nice correction the the 0.50 fib, on the 4hr timeframe market is currently below resistance, IF we see a 4hr break back above then we can look to enter the long on the retest of the new support in this case then we will have a nice inverted head and shoulders for extra confluence.
WTC/USDT - 100%🚀 great buying opportunityWatching the coin for over a month. WTC formed a cup. Broke through the last high. Expect a correction and strong growth. Good buying opportunity for the longterm.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NANO ready for the next move upwardsIt looks like NANO has set itself up again for the next movement upwards.
Stochastic RSI is below <20 and about to cross over on the weekly chart.
The last time it moved from this setup, it went up by 10x.
NANO is still massively undervalued and far from it's ATH so we can most likely see a ~7x to ATH alone.
Next major targets appear to be at ~8, ~14, ~20 and ultimately $34 before going into price discovery.
RUNEUSDT Long 10$With the current BTC bull run and ETH making new ATH soon, we can expect a lot of money to flow into altcoins, especially DEFI projects.
Rune has some good selling points which are appealing for new investors in the space. Staking can be profitable during the run and is probably also a reason why this project is holding up so well vs. BTC.
All drawbacks had good volume and the high time frames look very strong overall.
I am using every drawback to build up a bigger poistion. Sentiment on social media is really positive/hyped and I think this project can reach 6B market cap within the next few months.
Do not use leverage. Do not get greedy, take profits. Good luck everyone.
$ALPHA - should get sent soonAlpha is a brilliant DeFi project with great prospects
Chart looks damn bullish
We had major expansion where it found a top early feb
Moved to consolidation in this ascending triangle/range
1.867 has been the 1D resistance, close above and hold of that level and the breakout should be imminent