ALTPARTY
SEI BUY SETUPHi Everyone!
SEI Update today
SEI Analyze ( SEIUSDT ), 1-hour time frame ⏰
SEI looking good to buy/ long in the support area, or you can buy now and if price down, you can DCA.
Don't forget set up your trading plan, risk reward.
invalid if price touch under 0,6000
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*DYOR
BTC.D H4 : ALT-SEASON is loading ...Hi guys Hope you well.
The things you can see in the four-hour time frame, you can see the change of structure market . Also, in the daily time, we are at the ceiling of the long-term trading range. Let's see the altcoin market.I expect that altseason is so near. Please see the previous analysis for a better understanding in the previous channel
SecondChanceCrypto
11/May/23
(DYOR)
Always do your research .
If you have any questions, you can write them in the comments below, and I will answer them.
And please dont forget to support this idea with your likes and comments
📌 How long Will this AltParty last? (crypto & Altcoins)🥂🚀 What is the reason behind the recent growth of crypto market❓❔
The rise of cryptocurrencies following market optimism to reduce/stabilize the trend of increasing interest rates without the risk of recession❓❔❕❗
✅ BITCOIN has reached above $24 k and Ethereum above $1700 , and the markets are still welcoming the possibility of the arrival of the last steps of the US central bank to suppress inflation, as well as optimistic data indicating a slowing down of the economy (without the risk of entering a recession). Although, in reality, the drop in the GDP of the United States in this quota was more than expected; The gross domestic product was not positive this time either, and recording the second consecutive negative number (although small) for this index, at least from a technical point of view, means that the world's largest economy has now entered a "recession".
✅ It seems that the market's interpretation of this economic contraction was something else; The market now believes that in the face of this bump in the path of economic growth, the Federal Reserve will actually put the brakes on its interest rate hike at its next meeting in September.
In fact, the market has already celebrated this auspicious event, and after that, the risk-free indicators of the market all started to rise. From the S&P 500 index to the Nasdaq and the Dow Jones, they all began to rise, and of course, as expected, whenever there is talk of risk-taking, cryptocurrencies have been and are at the forefront of jump and sharp movements.
✅ In fact, although we have entered a "technical recession", many economists - and even Jerome Powell (Federal Reserve Chairman) and Janet Yellen (US Treasury Secretary) have so far refused to use the word recession because other factors For example, the "labor market situation" is considered as a sign of a "strong economy".
✅If we look closely, the optimism came when on Wednesday, investors reacted positively to a 75 basis point increase in the base rate by the US Federal Reserve and Powell's "dovish" signals that the Federal Reserve is unlikely to raise interest rates in the next few months. . The next day, that is, Thursday, following the announcement of the second negative GDP data in a row, Yellen stated that the definition of an economic recession is actually "a broad weakening of the factors of the economy" and "this is not what we are currently witnessing". And of course, it is believed that Yellen was referring to the National Bureau of Economic Research's (NBER) definition of the term recession, which, in addition to GDP, also includes indicators such as employment, personal income, and industrial production in the definition of this term.
👉 It didn't take long that the wave of optimism caused by this misinterpretation quickly spread from the stock market to the crypto market, and in the middle of the rise of cryptocurrencies, even the negative news related to the bankruptcy filing by the Zipmex exchange in Singapore was lost. Voyager Digital, which filed for Chapter 11 bankruptcy protection in a U.S. court earlier this month, also faced an executive order to stop spreading falsehoods about government support. But even this bad news could not stop the crypto party.👌💯
📛 But The question is ;how long does this celebration last? 🤔
We know that the economy is now walking on the edge of inflation-recession. All the tools that the Federal Reserve has are to control the demand side; So the Fed cannot control the inflation caused by the crisis in Ukraine, this institution does not even have control over the inflation caused by the supply chain problems, and this is what we think will cause the world economy to slide into recession sooner or later, and may all this celebration will not be stable (from stocks to crypto).
This article is for informational purposes only. It should not be considered Financial or Legal Advice.
KING.D (RSI long signal - must ruin the PARTY) 🚨hi 🖖🏽
in fact we haven't any bearish sign on BITCOIN DOMINANCE chart!
just ETHBTC can help altcoins for party (must hold weekly support around 79550---77150)
,,,but on BTC.D chart we have 5 powerful bullish signs:
1- triple bottom pattern on 1D chart ( VVV )
2- RSI shows bullish divergence
3- RSI breakout from downtrend
4- nice uptrend on RSI formed (4 Dec)
5- "probably" double bottom on 1D/4H time frame (9 Dec --- 24 Dec) <>
*** i think if the RED uptrend on RSI close below the trend this scenario will failed and i'll update this chart ***
,,,and BTCUSDT bounced from huge symmetrical triangle on 1D time frame,...if the first resistance goes to break from 42---42.29 we can see bloody bath on altcoins ((but not all of them))
...maybe some hypes, project that have good news or fundamental points or some good technical charts face rallies
So i'm looking for TP on altcoins that havent any powerful point or must use tight Stop Loss (((ALTCOIN/BTC)))
at the end, ACTION or REACTION on 42---42.19 ( BTC.D ) is very important for me
THIS IS NOT ANY FINANCIAL ADVICE FOR YOU ,,, ( #NFA ) ,,, this is what i'm doing
ALWAYS DO YOUR OWN RESEACH ,,, ( #DYOR )
💚🥂
Cake right now is close to opportunity zone!Hello guys 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
it's simple as drinking water! do not miss the chance, if the price hits 9$ zone(every time the price came near to this zone after a short time this coin pumped) do not hesitate and buy one step!
The mid-term target is MA200 for me.
Note: right now in the BSC chain, Cake has the most TVL! and it's $5.5b also mcap/tvl ratio is 0.5119.these parameters can show us investing in Cake has less risk than other coins for now!
Hope you enjoyed my analysis, You can support me with your likes and comments! (always open to hearing points from the others)
Attention: this isn't financial advice I'm just trying to share my vision and remember we must always see what's up with BTC after that go buy altcoins. never forget investment principles and do your research before investing.
WINk pumping soon?Hello guys 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
yesterday, the price almost hit the MA100 line and bounce back from that point so it shows that MA100 can be a firm support for WIN right now.
on the other hand, there was a zone which was broken yesterday too and it shows price between 0.0006282 till 0.0006834 can be the huge support zone and also can be our first step of buying.
for me, mid-term targets are 0.0008063 and 0.0009944(specified with Fibonacci) however it may change over time and that's for sure I am not selling all of WINks before reaching the ATH.(if we lost MA100 support, next is that zone I drew which include MA200 in it.)
Hope you enjoyed my analysis, You can support me with your likes and comments! (always open to hearing points from the others)
Attention: this isn't financial advice I'm just trying to share my vision and remember we must always see what's up with BTC after that go buy altcoins. never forget investment principles and do your research before investing.
BTC.D probabilityafter hitting the first target we are going for the second one which is the midline of the bullish channel.
I believe the could be some retracement in that area
however, we have 3 possible scenario
1- bounce down to the red support which will lead us into an alt party
2- bounce down but the upper band of static channel support it
3- without any bouncing break the mind and goes for higher numbers
all of these options possible but I believe number 1 and 2 is more possible
if we check the history and the history wanted to be repeat so we need an alt party
What Is Going To Happen In ALT SEASON? 💃It looks like that Alt Season is started.. Every single parameter on BTC.D, TOTAL, TOTAL2, OTHERS.D and ETH/BTC shows this to us.. For example you could see a lot of Alt Coins were pumped yesterday as Bitcoin just was ranging.. But to make sure of this fantastic party in ALT Coins we should wait and see if the BTC.D weekly candle will be closed below 60% or not. If that happens, we can start the celebration of April..
But let's check some data to see what is going to happen is ALT SEASON, and what do I mean by "Celebration"??
Let's look at BTC.D weekly chart above:
As you can see, I made a clear time-line for you 28 DEC 2020 to 22 MAR 2021, that show us Bitcoin dominance came from top (73.55%) to around 60% and this is about 17.16% drop on dominance. This only 17.16 drop, made Ethereum to move from $900 to $2000. I'm sure you've seen what happened to other Alt Coins during this time-line...
By using Fibonacci and finding strong support lines, you can see that I predicted that this BTC.D drop will go down around 42.24% on Dominance.. Check out this folks, it'll be a 31.1% drop from now on.. This is going to be twice as what happened in bull market..
Now Let's check out the TOTAL weekly chart above:
This chart shows us how much money is in the crypto market.
I put the exact time-line as before, 28 DEC 2020 to 22 MAR 2021. As you can see, the time when the bull market was started, TOTAL chart shows us 678 Billion Dollars were in the market.. However, Let's check out how much money is in the market now?? AT the time that Alt Season is starting, there is 1.869 Trillion Dollars in the market and this is huge.. What is going to happen to this money when Alt Season is started? of course, This money is going to flow into the Alt Coins and again, THIS IS HUGE!!!
I used Fibonacci analysis on this chart to, and it shows us that in Alt Season TOTAL market is going to be al least but not last around 2.5 Trillion Dollars and this is 263.39% growth from when the bull market is started..
It's time for Shit coins, Let's look at OTHERS.D weekly chart below:
This chart show us the dominance of shit coins on the market.
And again the exact time-line as we spoke previously. OTHERS.D made a movement from 5.63% to 12.19% and that 120.87 growth. This is the reason why you've seen shit coin flew high in previous months.. If OTHERS.D can break this resistance are around 12% it can go up at least and again not last around 15.69%. This will be 177.17% growth since the bull market is started. This chart shows us if shit coins can capture 15% share in crypto market they will give us a huge amount of profit to us during ALT SEASON.. But be careful guys these kind of coins are dangerous, as the can give us big prizes the can make us harm in huge losses. So don't forget about your Capitol and Risk Management.
Our last chart to talk about is TOTAL2 weekly chart here below:
This chart is just like TOTAL, but it shows us how much money is in Alt Coin markets. That means everything except Bitcoin.
The same as above, 28 DEC 2020 to 22 MAR 21. At the time when Alt Coins bull market was started, there was 198.709 Billion Dollars in TOTAL2. At the end of the time-line there was 705.867 Billion Dollars and this is a 258.01% growth.. I'm interested!! What about you??
TOTAL2 managed to break it's resistance area upwards. Fibonacci analysis is telling us it can go to at least but not last around 1.118 Trillion Dollars. This is a huge 465.61% growth since Alt Coins bull market..
All These enormous numbers shows us, this ALT SEASON is going to be a lot different than what happened before in previous ALT SEASONs. I've been telling you about this ALT SEASON in my previous ideas, couple of months and weeks ago.. If you didn't read the I strongly recommend you to do that so, because there are a lot of important information for you to know in them.. I hope you can find this idea useful and make yourself ready for these huge numbers.. I will update this idea and of course I will post new idea.. So stay tuned for further details and information..
What is your point of view or analysis on ALT SEASON , I like you to share it in the comment section for me, so we can share our knowledge together.
And, As always, feel free to ask any question about this chart in comment section, I will happily answer you :)
If you like this idea, hitting like button, sharing it to the ones who will find it useful and giving me comment will give me a lot of motivation :)
BTC: last invitation to the partyI think the altparty isn't started yet; but it will open after the king's pullback from 55000$. There is a possiblelity, on the other hand, that he go up 62000$ right from here. However, i set up my buy orders for altcoins up their current supports and current resistances. I hope this strategy work. In my opinion still there is good buy opportunities in these two days.