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Altcoinsvsbtc

ETH. Reverse Head and Shoulders for 2X vs BTC in 4 months.This is just a quick notice of a possible bullish momentum on ETHBTC . The move is not confirmed yet. Notice how the circled pattern repeated before. The first time it occurred in a bear market. This time it's occurring in a bull market. And as much as I would hate to see Ethereum steal some of the market cap of Bitcoin, this is merely a trade. In my opinion, there is enough bullish momentum to minimize the probability of hitting the stop loss at 0.02 BTC. Our target is 0.085 BTC. This is a lower-risk chance to multiply some of your BTC holding. The higher risk being one of those hundred other hot cheap altcoins whose ends only God knows. Keep following my updates on this idea to see when the bullish move is confirmed.
Long
by TechNerdOmar
2
What will we see in the Bitcoin chart ? I expect that bitcoin will fluctuate between 50 days moving average and downward trend line for nearly 2 weeks. After this fluctuation period, the price will need to make a big decision to illustrate its next move. Meanwhile, altcoins, particularly Ethereum, will take big advantages from bitcoin’s consolidation period. Therefore, my portfolio is mostly consisting of altcoin for this time. Tips for new traders : -Always take profit on the way up , price will definitely not increase forever. -Don’t be too greedy when price moves up or don’t panic when it decreases. Relax and control your psychology. -Make plans for every possibilities, it is not 100% sure that what we think will happen. -Don’t try to catch up the exact deep or exact peak. -Don’t buy everything you found in the market. -Don’t listen everybody who claims to be a trader or financial advisor. (Mostly avoid who is 100% sure about what they believe). -Remember, market cycle works with human psychology and everybody’s psychologies are similar.
by CanerBly
Be Ready For an Altcoin Market CorrectionAn altcoin market correction is a very possible scenario. BTC is in a short term downtrend with decreasing volume. This means there is a lot of indecision in this market and people are waiting to see what will happen. In the last BTC drop, the price of alts vs BTC did not change much. Since then, they have rallied. Most of them with significant gains, some with 200 or 300% gains. Bitcoin is currently closing in on the tip of a triangle, which will be an important decision point for the altcoin market. If Bitcoin breaks below this triangle, it will be a point with lots of people taking profits out of alts. If you are in profitable altcoin trades, now is a good time to take another look at them and start thinning out your positions and locking in profits. If Bitcoin is able to break out of its short term down trend and break above the triangle, you can reevaluate your altcoin positions and look for re-entries. This is a very violent and unpreditable market, and the last thing you want is to be holding bags of shitcoins as they drop heavily in value. It never hurts to take profits. The altcoins are currently in a mini euphoria phase with BTC teetering on the brink of another large move. You want to be ready for every possible scenario.
by StayHydrated1
NANO 640% Upwards Movement Coming SoonFor the first time since the formation of the falling wedge in Aug 2018 did we close above it! The close above it removed the ceiling NANO's price was banging it's head against. This breakout alone will bring NANO to ~5600 SAT (~640%) further up. Measured by extending the distance up from the trend line breakout to the height of the back of the wedge. NANO has great fundamentals and a great technology, anyone who has looked into NANO and tried it can affirm to that. It outshines many other crypto currencies in various aspects including ETH and BTC. I recommend trying it out so you can see it for yourself. Personally I would not be surprised by seeing NANO with the next alt season reach double of it's all time high market cap from 2017's and being placed at ~$68 / NANO. It's the perfect investment vehicle in my opinion.
NLong
by apolloriver
5
The great rotation into AltsThe market has been wildly optimistic recently. Bitcoin is posting new all-time highs almost every day, with minimal price drops. If you hold cryptocurrencies, the chances are that your wallet is much more wealthy today than a couple of months ago, no matter what you own. The whole market has been on a tear, mainly thanks to the Bitcoin's parabolic price growth, which offered a tailwind for most of the Altcoins. Ironically, while diversification is a widely praised approach, a portfolio fully invested in Bitcoin was the most profitable option lately. In early November, we suggested that the breakout of Bitcoin was behind the corner, just looking at the underperformance of Altcoins in BTC prices. Since then, Bitcoin more than doubled in price, and the rest market has trailed behind it by an average of 30-40%. Today we are in the opposite situation where Altcoins just fell at the cheapest valuation compared to Bitcoin since the bottom of the Bear Market. A rebound from here would have around 90% of upside potential. And that would only represent a mini-Altseason like those we had in the past two years. Nothing to compare to 2018! If you wonder whether or not to jump on the Crypto train, consider a ticket in Altcoins' class. The trip may be more fun.
CRYPTOCAP:TOTAL2
by Coinrule
2
Buying NEO down here !!!NEO looks like a solid project to me and it is not going away. Actually it has lost about 96 - 97 % against Bitcoin from ATH to its recent low some days ago. NEO has been one of the TOP performing ALT coins during the 2017 - 2018 bull run (going from 8 cents to 160 USD) - that's a 2000x !!! Looking for cheap ALTs for the upcoming Altseason (whenever it will come) NEO looks like a very solid buy at 0.000587 btc ! There are some positive divergences and Neo looks really bombed out agains BTC. I am a buyer at these levels.
Long
by Dangermousebanana
2