Altcoinsvsbtc
40% Upward potential, Long $NLGSlowly reaching higher sats range as answer to my question in my earlier post. All indicators showing an rising trend. RSI, MACD & MA-cross are indicator for a further rise of the coins sat value.
200 sats first resistance to test
240 sats second layer of resistance
If breach through this, possibility of reaching 400-500 sats in midterm.
Crypto markets: capitalization Altcoin and dominants BTCIf we analyze the capitalization of critical projects as a whole.
The idea that the possible collapse of many ICO projects will give an impetus to break through the level of $36680000000.
This is possible especially in anticipation of a recession and a prolonged recovery from the crisis.
altcoin total market cap:
Crypto market capitalization repeats the full movement of Bitcoin and depends directly on the Bitcoin mood.
Bitcoin graph:
Bitcoin dominance seems to have stopped at 68% and is starting to push back from the level of
If you have any additions, I'll listen to them carefully.
thank you for reading
Friends, thanks for your likes and comments!
Good luck with trading!
I think You should swap alts now to new currency like UVU . There is No better decision at that moment than swap Your alts to some new coin like UVU which is close to the premiere of new features like: own exchange cckadeh and new crypto atm device !!!! Read more below!
Please read about my recommendation in new crypto market #UVU
BUY: www.hotbit.io
CHECK:https://coinpaprika.com/coin/uvu-ccuniverse/
SITE: ccuniverse.org
I am suggesting to invest in altcoin like : UVU which is new coin but with great perspective. Why UVU ? Because their unique vision based on crypto atm and recharge stations for electric cars . This european project got first successes behind them like listing on big Hotbit Exchange - You can trade there without K-Y-C so registration is easy and fast - brilliant model for less experienced users.
Look into it:
www.hotbit.io
Moreover the price is still cheap it means BIG space to grow. Team predicted that price for 1 UVU should be a round 0.2 USD in March and now its just 0.0028 USD !
Also the cirrculation supply isnt big so it also work for future profit because many coins could be in Yours hand for less payment .
Think serious about investition like this !
Also You will help to grow whole market because their mission to assimilate devices like Crypto Atm to local society .
coinpaprika.com
Check the chart :
snapshot
Swap Your alt to UVU for example .There is No better decision at that moment than swap Your alts to some new coin like UVU which is close to the premiere of new features like: own exchange cckadeh and new crypto atm device !!!! Read more below!
Please read about my recommendation in new crypto market #UVU
BUY : www.hotbit.io
CHECK :https://coinpaprika.com/coin/uvu-ccuniverse/
SITE : ccuniverse.org
I am suggesting to invest in altcoin like : UVU which is new coin but with great perspective. Why UVU ? Because their unique vision based on crypto atm and recharge stations for electric cars . This european project got first successes behind them like listing on big Hotbit Exchange - You can trade there without K-Y-C so registration is easy and fast - brilliant model for less experienced users.
Look into it:
www.hotbit.io
Moreover the price is still cheap it means BIG space to grow . Team predicted that price for 1 UVU should be a round 0.2 USD in March and now its just 0.0028 USD !
Also the cirrculation supply isnt big so it also work for future profit because many coins could be in Yours hand for less payment .
Think serious about investition like this !
Also You will help to grow whole market because their mission to assimilate devices like Crypto Atm to local society .
coinpaprika.com
Check the chart :
Altcoin Market heating up again !!!The Total 2 chart took a breather in the last few days. Right now it´s breaking out of it´s triangle. After the last dump , it increased 50% in 20 days. I can see that it will repeat beacause the altcoin marked is just warming up and will see a huge run in the next weeks. That would bring the TOTAL2 chart to 150B !
+No financial advise
Feb 21 Crypto Market Update: BTC Auction Confirms Price Failure(FEB 21) Crypto Market Commentary - Bitcoin, Dash, Litecoin, Cardano, Eos, Ethereum, Icon, Lisk, Doge, & More.
Reviewed quite a few topics today! Also covered several portfolio updates and trade management activities.
* We've been talking consistently for the last week about the Feb. 18 Gov't BITSTAMP:BTCUSD auction being an important potential pivot. This is reviewed in detail and as well as the price action preceding the breakdown.
* Reviewed the way I exited either 1/2 or 60% of several of my long Kraken coins against recent highs to establish "risk free positions" - using this chart:
* Generally feeling like the market is going to take a few weeks to retrace and consolidate before signaling bullish continuation.
* I'm looking to reload on names like COINBASE:ETHUSD COINBASE:LTCUSD COINBASE:EOSUSD BINANCE:OMGUSD and anything else I've already sold half of with retraces between 61.8% - 78.6% of their ranges.
* Spend some time reflecting back on the CRYPTOCAP:BTC.D and how I like to use it as a proxy for crypto sentiment.
* For probably a good 5 minutes I talked about BITTREX:DOGEBTC and used it as an example of the "Little Old Lady" strategy I run on the binance (100X challenge account). Buying against lows, selling on doubles, yada yada.
TLDR; Hunt longs @ bottom ends of ranges!
COMMUNITY:
Feel free to DM me on here if you're interested in joining a discord trading group with fun discussions and great trade ideas being shared throughout the day!
--
THANKS!
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.
TRX breaks out - up 13% in past 30 minutesTron has just broken out of a giant pennant it has been moving within for the past six months, including a move above the weekly 21 EMA and any other key moving average you care to name. This will be a crucial time now to see if TRX will continue up to join the alt party which has been gathering momentum over the past few days.
Save crucial space on your Trading View chart by utilising the free RSI and StochRSI indicator which overlays both in a clear and helpful fashion. Add the essential EMA/SMA indicator to your chart too.
Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
(BTC.D) Altcoin Dominance Eyeing Up A Breakout to 40%With altcoin dominance closing back above the rising 200 Week MA last week, confirming Bitcoin's long-term weakness in market dominance, "ALT.D" (1-BTC.D+99) has again held the 30% support a second time and is looking for a breakout above 33.75% with a target to 40%.
This would additionally be a TD Sequential trade on the Weekly chart with a Green 2 going above a Green 1, with oscillators (RSI, CMF and MACD) pointing to further upside. There will likely be some resistance and profit taking around the 50 Week MA around 35%, half way to the target, but I don't expect it to hold for long if volume continues to rise. The momentum would likely be too strong preceeding the confirmed trend change.
Reward/risk: 2.1
Entry: 33.76% - TD buy signal and and new swing high since July 2019
Target: 40.7% - Previous support level as resistance and 100 Week MA confluence
Stop Loss: 30.50% - Breakdown below the open of the 1 candle, 21 Week MA and into support range = bearish
To me, this is a perfect trade.
Previous altcoin dominance TA:
Altcoin Speculation Coming Soon... (October 2019)
Altcoin Dominance Bouncing From 0.382 Fib Retracement (September 2019)