Could a reversal happen soon & signals to look for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. 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. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Altcoinstowatch
Altcoin market cap looking stronger above 155 billionAltcoin market cap has closed above 155 billion for 3 straight days (assuming it does the same by end of day today) this week. The last time it did this was for one day back in September 1 which was then followed by a down day back below 155 B.
Looking good for altcoin bulls!
But still waiting to see if we close the week above that level as that would definitely increase the odds of higher prices in the near term.
Bitcoin Cash the hibernating bear - 3x altcoin rally possibleBitcoin Cash has had massive downside after its all-time highs and went deep into the "Bear Zone" down to 65€ but never was able to get over 300€ ever since.
I will take a conservative look and see fully possible a 3x rally given the next altcoin cycle will start here soon.
There are however 4 resistance levels (237€, 300€, 415€, 615€) to break for BCH to reach the 710€ 4x spot.
It will largely depend on if Bitcoin Cash will be able to keep it's Top 10 position by market cap in order to attract enough attention with all the DeFi noise.
Of course an 8.5x could also be possible, but given the weakness of BCH since the last cycle it does not hold such a strong market value proposition then e.g. Ethereum.
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.
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.
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.
Bullish pattern apparent can it break and resistances to watch*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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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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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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Altcoin season should restart soon if THIS pattern plays outThe current situation:
1. A head and shoulders pattern is apparent on the 12HR chart, while the price action is right underneath the 12HR 200MA. The neckline is at about 59.4% with a measured target of about 57.7%
The bullish case for altcoin: if BTC.D gets rejected at the 12HR 200MA and breaks below the neckline. This will signal lower BTC.D and it will look good for most altcoins.
The bearish case for altcoins: if BTC.D gets a SOLID close above the 200MA, which may a signal for lower price action for most altcoins.
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XRPWeekly chart has XRP sandwiched between the ema 50 & 100 also rejecting from LT POC of that HV node around .31c USD.
My fib extension TP is $1.02-$1.25 for this larger move and allowing XRP to finally play catch up with BTC & ETH.
This being said RSI is over bought & pointed down. I could easily see another test of .20c B4 the uptrend continues.
XRP is such a popular and highly traded coin that MMs just cant let the XRP bulls win IMO, at least not without relentless shake out after shake out since 2017 bull market ended.
One day when the MMs cant stop the bulls, XRP will probably just moon shot to $20 but until then HOLDERS get destroyed.
Stay the course and keep busy is my advice one day we will have our moment XRP army
Huge Potential For SXP SXP ( Swipe looks like its forming an ascending accumulation channel in the 4hr and 1 day timeframe , do DCA in the dips at the bottom ascending line ..
Once it does a breakout around 28000 satoshis ,Take profit 1 at 32000 sathoshis & profit 2 at 40k satoshis
and carry the rest of your holdings for a further upside and price discovery past the major resistance at 42k
This could happen around sep. Enjoy !
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$TRAC - the awakening of a giantIn the beginning there was Bitcoin: a lonely god.
Then Ethereum appeared and there was light.
Now comes OriginTrail to connect the galaxies.
This coin is changing everything. $TRAC is crypto adoption. $TRAC is Crypto Evolution.
We are fortunate to be able to watch the rise of a giant: $TRAC aka Origin Trail, the "Google of Supply Chains". Fundamentally one of the strongest projects in all Crypto.
So we are in the fortunate position not only to watch the rise of the giant, but also to earn one or two Satoshi with it.
(no financial advice, just education and entertainment)
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*
AION BULLISH SLEEPER NO ONE IS LOOKING ATAION has been in this channel for a while but LONGTERM AION is going to blow the sox off most ALTS, to many great fundamentals, because of all the new ALTCOINS coming out in 2020 most people have forgotten about the old tried and true coins of the past. AION is the BIGGEST old sleeper coin with the best upside.