Easy growth Altlayer x2The market maker was sliding his assets! My expectations are in the 1,618 fibonacci area. Have a good trade!
Altlayer
ALTUSDTALT ~ 1D
#ALT If you have Conviction on this coin, wait for this resistance line to be successfully broken and you can make purchases gradually.
ALT - Ready for breakout? Hi, this is my new analysis for ALT. After breaking both the resistance 0.10 - 0.1030 and 50SMA/100SMA, in the last few days we have tested to see if these levels will act as support or not.
Fortunately it has been good support for ALT. At the same time we have a big descending trend line that has been tested 4 times.
I expect after breaking the trend line we are going to takeoff. The next resistance is around 0.1680 - 0.1750 and after a good ABC correction we are going much higher to next level 0.36. It is going to be up 200% from current levels.
On the daily timeframe we are getting bullish momentum on MACD and as you see we are in a good uptrend on RSI.
It is very important to hold the support levels around 0.10 - 0.1030, but if break those levels we are going much lower to 0.080.
ALTUSDTALT ~ 1D
#ALT If you have Conviction on this coin, wait for this resistance line to be successfully broken and you can make purchases gradually.
Altlayer middle term targetsMiddle term targets for BINANCE:ALTUSDT
Possible Targets and explanation idea
➡️W tf. on a daily even better picture. Order flow sooner or later will be a fuel for uptrend
➡️Would be good to see sweep previous 2 or 3 wick lows. Lowest point what im expecting
0.05
➡️After first video and idea after listing we came in to the last zone of interest based on IAP model
➡️Middle term target its a new ath. From current zone its around +800% on a spot
➡️Based on Money Power indicator like you can see big capital inflow in ALT
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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ALT layer USDT #ALT #Altlayer (Bearllionaire Status)Project description: ALT Layer is a scalable layer-2 network designed to provide customizable, high-performance, and application-specific rollups for decentralized applications (dApps) on Ethereum and other blockchains.
Type of project: Layer 2 scalability solution with customizable rollups.
Is it under a block?: Yes, ALT Layer operates as a Layer 2 protocol on Ethereum and other major blockchains, providing customizable rollups that offer scalability while leveraging the security of the base layer.
Latest update or news: As of July 2024 while ignoring other irrelevant news, ALT Layer launched its Rollup-as-a-Service platform, enabling developers to deploy custom rollups in minutes, aimed at scaling dApps and reducing congestion on Ethereum.
Narrative: Layer 2 scalability, Ethereum ecosystem, and modular blockchain infrastructure.
Why is it a good investment?
Institutional Backers and Angel Investors:
Coinbase Ventures: Known for its investments in Layer 2 and scalability projects, Coinbase Ventures has backed ALT Layer due to its potential to alleviate Ethereum’s congestion and improve dApp performance.
Binance Labs: Binance’s venture arm has invested in ALT Layer, recognizing the need for scalable Layer 2 solutions and the demand for customizable rollups within the DeFi and NFT spaces.
Polychain Capital: Polychain Capital has supported ALT Layer to drive innovation in the Layer 2 sector, specifically focusing on reducing gas fees and improving transaction throughput for high-demand applications.
Angel Investors:
Vitalik Buterin (Co-founder of Ethereum) has expressed support for Layer 2 solutions, though there’s no direct investment in ALT Layer, his encouragement for rollups aligns with the project’s goals.
Stani Kulechov (Founder of Aave) has shown interest in Layer 2 solutions that improve DeFi scalability, and while there is no confirmed investment, ALT Layer fits the criteria of projects he supports.
Futuristic Use Case:
Scalability for dApps: ALT Layer is designed to provide customizable rollups that can be optimized for specific decentralized applications (dApps), enabling developers to create high-performance environments that scale with their user base. This is crucial for DeFi, NFTs, gaming, and other sectors that require high throughput.
Multi-chain integration: ALT Layer is not limited to Ethereum and can extend its rollup services to other blockchains, making it an ideal Layer 2 solution for projects that need scalability across multiple chains.
Custom Rollup-as-a-Service: With the launch of its Rollup-as-a-Service platform, ALT Layer offers developers the ability to deploy tailor-made rollups that suit their specific application needs, giving it an edge over general-purpose Layer 2 networks.
Enterprise adoption: Enterprises looking to adopt blockchain technology can use ALT Layer to develop private, scalable rollups that integrate with public blockchains like Ethereum. This opens up new use cases for enterprises in industries such as supply chain, finance, and gaming.
Why will it make a significant amount of profits?
Unique competitive edge: ALT Layer’s customizable rollups provide a tailored Layer 2 solution for decentralized applications, offering greater flexibility than general-purpose Layer 2s like Optimism or Arbitrum. This makes it especially appealing to developers who need more control over transaction throughput and cost-efficiency.
Rollup-as-a-Service model: By offering Rollup-as-a-Service, ALT Layer creates a sustainable revenue stream, as developers and enterprises will need to pay fees to deploy and maintain their custom rollups. As demand for scalable blockchain applications grows, this service will attract significant usage and increase demand for NASDAQ:ALT tokens.
Scalable ecosystem growth: ALT Layer’s ability to integrate with multiple blockchains gives it a wide market, positioning it to capture a significant share of the Layer 2 scaling space as more chains adopt rollups for scalability. This cross-chain capability drives value to NASDAQ:ALT tokens as the protocol expands its ecosystem.
Growing Layer 2 demand: As Ethereum and other Layer 1 blockchains face increasing congestion and high gas fees, Layer 2 solutions like ALT Layer will become essential for maintaining a seamless user experience. This growing demand for scalability will drive adoption and value for ALT Layer’s services.
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Could #ALT have found a local bottom?#Alt 1D chart;
It still hasn't regained the 50EMA line it lost in April.
Although it tried to turn bullish on the signal of non-compliance, it failed due to market conditions.
Could it have found a local bottom?
There is a 24% difference between the last bottom and the current level.
Although this is related to how bad the market could get in a bad scenario, the $0.665 level could be a good place to buy gradually.
Note the resistance levels indicated by orange arrows.
ALTLAYER with BTC pair (investing chart)hello dear trader and investors
About Altlayer :
AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism.
ALT is AltLayer's native utility token and is used in the following functions:
Economic bond: ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if a malicious behavior is detected.
Governance: ALT token holders can vote on governance decisions.
Protocol Incentivization: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.
Protocol Fees: Network participants will need to pay for intra-network services in ALT tokens.
AltLayer’s core offering of restaked rollups consists of three key products:
VITAL: An Actively Validated Service (AVS), where operators verify blocks and the corresponding states committed by the rollup sequencer and raise fraud proof challenges if necessary.
MACH: A protocol to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state.
SQUAD: Offer decentralized sequencing with economic backing. Decentralized sequencing eliminates short-term liveness concerns, bad MEV, rent extractions and other issues associated with rollups that operate with a single sequencer.
AltLayer has raised 22.8MM USD from two rounds of private token sales, where 18.50% of the ALT total token supply has been sold at 0.008 USD / ALT and 0.018 USD / ALT respectively.
AltLayer’s investors include Polychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5, Balaji Srinivasan (former CTO of Coinbase and former GP of a16z), Gavin Wood (Co-Founder of Ethereum and Parity), Sean Neville (Circle Co-Founder and USDC architect) and Ryan Selkis (Founder of Messari), among others.
As of January 17th 2024, the total supply of ALT is 10,000,000,000 and the circulating supply upon listing will be 1,100,000,000 (11.00% of the total token supply.)
ALTUSDT(Altlayer) Updated till 16-08-24ALTUSDT(Altlayer) Daily timeframe range. PA already in price discovery level. so very long way to go from here and there is uncertainty. of course there are opportunity here aswell. for now local support at 0.0769 and recent resistance at 0.1159.
AltLayer potential reversalH4 structure is now bullish, it is also potential reversal on higher timeframe. We can entry 30% of capital here and DCA if price makes a pullback.
$ALT will become a #100 coin easily. Last i took a trade on KRAKEN:JUPUSD around $0.5 (now $1.60+) and i think all of those coins will easily 2x the marketcap.
Yesterday i bought Altlayer on the backtest. Not for fast gains, because we can go lower. But in the end this coin will easily do a 2x to $1. 3-5 months. Maybe faster depends on the market.
ALTUSD 1DALT ~ 1D 📈
#ALT Make purchases gradually when retesting this Support Block. With a minimum target of 20%+ 📈
ALT/USDT Breakout alert!!, Indicating continue the upward trend!💎 ALT has recently encountered significant market dynamics, particularly with a breakout of the descending channel pattern.
💎 This breakout suggests a potential continuation of the upward movement, aligning with the prevailing bullish trend characterized by higher highs and higher lows.
💎 With this breakout, ALT may continue its upward trajectory and probability reach new higher highs, particularly targeting levels indicated by Fibonacci retracement.
💎 However, if ALT fails to sustain its upward momentum and does not continue upward, there's a possibility that the price may retreat and retest the support area to gather another momentum.
💎 When ALT reaches the support area, it's crucial for it to bounce, as this area holds considerable importance. Failure to bounce and a subsequent breakdown below the support could signal a shift in momentum, potentially leading to a bearish trend reversal.
ALT newly airdroped shiny coin, a risky betHello fellow gambler, I think we are going to $0.49. Holding my long from 0.34$. I know I know its dangerous for such a new airdroped coin, but market is just too hot right now. Everything new coin is growing like hell, then dump.
many people got $300-$50k worth of NASDAQ:ALT , its literaly free money, I just got 162,402 NASDAQ:ALT about $50k dumped at $0.31 cents.
Can’t wait till a few other projects drop that i have farmed with hundreds of accounts.
How to check ✔️
1️⃣Go to airdrop.altlayer.mobi
2️⃣Input your address to check
NASDAQ:ALT CRYPTOCAP:BTC CRYPTOCAP:ETH
AltLayer bull run continueHello fellow gambler, I think we are going to $0.49. Holding my long from 0.34$. I know I know its dangerous for such a new airdroped coin, but market is just too hot right now. Everything new coin is growing like hell, then dump.
many people got $300-$50k worth of
NASDAQ:ALT , its literaly free money, I just got 162,402
NASDAQ:ALT
about $50k dumped at $0.31 cents.
Can’t wait till a few other projects drop that i have farmed with hundreds of accounts.
How to check ✔️
1️⃣Go to airdrop.altlayer.mobi
2️⃣Input your address to check
ALTUSDT : ALT LAYER : SHORTSIGNAL : SCALP RETRACEMENT : NEW COINBrand new listed coin on Binance.
Sell it!
Watch the video for more info, but it's pretty clear from the chart, and that coupled with BTC's continued dump sync up well..
Should be fun..
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See the ORDI Signal for a performance update:
