ALTS
BTC BULL to $101k - $125kIf the Bearish chart of Bitcoin won't play out, this is the bullish possibilities.
It does look like we will go up. Indicators on Daily timeframe just reset indicating bullishness.
Altcoins look very bullish and are ready for another 100% leg up or even bigger run this time.
Th only thing that doesn't let me freely believe this bullish chart is that BTC have not crashed yet and usually it does crash before thee big run, but this cycle is already different having new ATH before the halving which did not happen previously.
BNB - BEST Buy ZonesHistorically , large wicks usually get filled almost in the same way that a gap gets filled. It may not be soon, but if you're willing to wait a few weeks (or even a few months) you could get in lower and buy at a more ideal price.
(see Warren Buffet's trading philosophy on Buying at the RIGHT PRICE👇)
The particular wick in reference is the following one. The range is extremely wide, and there's a $100 gap where you could possibly dollar-cost-average:
Even if we would fall this low in the SHORT term, the price would still be bullish - we are evidently still trading in a bullish cycle, as this is likely a multi-month corrective pattern paying out. If you've been following for a while, you'll know i have been referring to this multi-month cycle on numerous occasions; anticipating the final impulse wave up according to Elliot Wave Theory (wave 4-5).
In the meanwhile, you could get lower entry prices on your favorite altcoins.
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BINANCE:BNBUSDT
Uptober Mode? - Will We See the Big Breakout?
📈🔥 Altcoins Ready for Uptober? 60% Breakout Probable! 🚀💥
It's been just 11 days since my last post, with TOTAL3 sitting at $584B. Now, as we step into October (or should we say "Uptober"?), the market cap has surged to $629B—almost 8% higher!
The chart is signaling a potential breakout at the $645B level, with a 60% probability given the current macroeconomic factors, including easing from China and potential interest rate cuts from the Fed. However, there are alternative scenarios: a 20% chance for sideways movement and another 20% for a drop back to $592B support.
This could be a pivotal moment for altcoins. What do you think? Let’s make the most of this exciting month!
One Love,
The FXPROFESSOR 💙
Big chart and previous (well timesd) breakout post here:
LINK - Three White Soldiers Candlestick PatternIn the weekly timeframe, a bullish candlestick pattern has formed on Chainlink.
The Three White Soldiers are characterized by three consecutive green candles. The higher the timeframe, the more powerful the pattern. We've recently observed an instance of the TWS pattern in the weekly, which was a precursor to a 136% increase:
However, the unfilled wick around $8 remains a concern - but also a potential for buying in / accumulating at a lower price.
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BINANCE:LINKUSDT
17 Years Experienced Trader Talks About PEPE Hey guys , MartyBoots here I have been trading for 17 years and sharing my thoughts on PEPE
PEPE is BNBs mini me or its little brother (for now at least )
It looks strong and should move well
Watch for more info and hit me up if u need help or have any questions
Rune: Rolling or Rune dIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bullish Scenario:
Price Holds Above $4.945: If the price holds above this interim high and continues to follow the Elliott Wave structure, it may head toward the next Fibonacci extension target of $6.50 and beyond.
Bearish Scenario:
Price Breaks Below $4.945: If the price drops below the $4.945 support level, it would indicate a deeper correction or possible invalidation of the current bullish count.
Invalidation Below $4.565: If the price falls below $4.565, the current bullish wave count would be invalid.
In conclusion:
Bullish if price holds above $4.945, targeting $6.50 and higher.
Bearish if price drops below $4.565, indicating further downside potential.
Trade Safe.
Trade Clarity.
Ethereum : ETH still BULLISH - Here's WhyFrom a macro analysis, ETH is very clearly in a bullish season. Apart from the obvious (following Bitcoin) there are a few other factors from which we can deduce that ETH is gearing up for another impulse wave UP.
👉 Higher lows
👉 Diagonal trendline acts as macro timeframe support
👉 Currently Three-White-Soldiers in the weekly - Bullish candlestick pattern
From a technical indicator perspective, we can see a healthy bounce on the lower white trendline. We can expect the rally AFTER the price reclaims the now upper red trendline (at which point it will turn GREEN).
The price is about to reclaim the 50d Moving Averages which, in the weekly timeframe, signals a bullish move:
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BINANCE:ETHUSDT
TOTAL3-USDT - RISK ON - ALTSEASON IS HERE!This will be the most important Weekly Close of the cycle for Altcoins.
TOTAL3-USDT has shown a “3 White Soldiers” pattern and broken out of its Bull Pennant and Bull Market Support Band.
RSI has also flipped bullish.
The last time this happened Q4 2020, Alts ripped ~1,100% over a 1 year period.
This rally has been fueled by the Fed announcing a massive 50 Bps Rate Cut, with PBOC doing the same shortly after.
More rate cuts are expected November 6th and December 17th to push risk even further.
Get ready for all your normie friends to start messaging you asking for crypto advice.
I personally have experienced this the past week.
DOGE PARABOLIC?? First, watch for these TWO CONDITIONS Dogecoin has been one of my top altcoins to watch for 2024, and it's likely going to be a key player in the parabolic runs during the next impulse wave UP.
If you've been following for a while, you'll know I've been anticipating impulse wave 4-5 around December ( according to Elliot Wave Theory). Across many altcoin charts, we see very clear bottoms as the prices are making their way to the fist major resistance zones.
We see it HERE, on Avax:
HERE on FETCH:
And even on ADA, Here:
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BINANCE:DOGEUSDT
Things to check when trading altcoinsHello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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I think it's good to check the upward turn on the Renko chart to trade altcoins.
Therefore, in the short term, if the price is maintained above 4.9, it can be interpreted that there is a high possibility of an upward trend.
Accordingly, I think it's good to trade from a short-term trading perspective in the current upward trend.
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(NEARUSDT 1D chart)
Usually, coins (tokens) that are currently thought to have risen are likely to have already touched the HA-Low indicator and risen.
Therefore, the StochRSI indicator will mostly be in the overbought zone.
In this situation, if you feel like you have to buy now, you should be able to wait for that time to be the peak.
When the bottom zone, low zone, and rise are formed, it is more likely to create a 'W' pattern (double bottom pattern) or higher than the 'V'-shaped uptrend and rise.
Therefore, in order to gain additional upward momentum, it is essential to create a pull back pattern and rise.
Therefore, if you want to buy now, it is recommended to confirm that a pull back pattern is created and enter.
On the NEARUSDT chart, the M-Signal indicator of the 1D and 1W charts is passing around 4.675, so if a pull back pattern is created, I think that this area is likely to become the bottom zone.
Therefore, you should check how the StochRSI indicator is initialized, and when it is initialized, check whether there is support at the support and resistance points at that point and proceed with the transaction.
When rising
1st: 5.947
2nd: 7.008-7.369
You need to check for support near the 1st and 2nd above.
Among these, the section that can be converted to a mid- to long-term transaction is the 2nd section.
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When purchasing, you need to make an effort to make the lowest average price possible by conducting a split transaction.
Otherwise, if you try to solve everything with a single purchase, you need to be able to wait as much as possible and be decisive.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale upward trend will begin when it rises above 29K.
The section that is expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Don't buy alts right nowWe are approaching a very serious resistance on Rsi at 5d, I don't know what will happen next, but now is definitely not the time to buy alts, as I wrote in previous posts, the best time to buy was December, so let's wait and see. We may continue to grow a little bit more, but I think the growth is very limited.
Don't buy alts right nowWe are approaching a very serious resistance on Rsi at 5d, I don't know what will happen next, but now is definitely not the time to buy alts, as I wrote in previous posts, the best time to buy was December, so let's wait and see. We may continue to grow a little bit more, but I think the growth is very limited.
Rising Wedge Targeting Weekly SupportBTC Dominance has formed a rising wedge right into weekly resistance. If it loses local support around ~54-55%, it may drop to weekly support around 44-47-49%.
This could mean the entire market drops hard, or if Bitcoin holds up for the most part, it could instead mean a potential run for altcoins.
Bitcoin dominance breaking 59% and holding above it invalidates this idea.
Dow Theory - Bullish Divergence + ContinuationBINANCE:JSTUSDT has formed the first higher high after a bearish rally. Bullish divergence is also present on the chart.
7 Hr Analysis:
1. First higher high formed after a bearish rally
2. Break of descending trend line
3. Bullish divergence on RSI
4. Potential bullish flag in play (bullish continuation pattern)
#ALT/USDT#ALT
The price is moving in a descending channel on the 12-hour frame and is sticking to it to a large extent and it was broken upwards
We have a bounce from the lower limit of the channel at a price of 0.07177
We have an upward trend on the RSI indicator, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.09400
First target 0.14500
Second target 0.1879
Third target 0.27000
FETCH AI - Bullish Pattern : Inverse H&SThere's a few reasons to be bullish on FETCH right now:
👉 Bullish pattern in the daily timeframe; inverse Head and Shoulders
👉 Daily TF price is trading ABOVE 200 day moving averages - bullish technical indicator
👉 Support zone retested and held
👉 Great pick for TOP AI Coins 2024
I'd be watching the Fibonacci zones as potential targets for the next impulse wave up, given BTC will likely lead us there.
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BINANCE:FETUSDT
Altcoins (TOTAL3) – Breakout Imminent After Fed Rate Cut?About TOTAL3: TOTAL3 tracks the market cap of all altcoins excluding Bitcoin and Ethereum. As the Fed slashed rates by 50 basis points, liquidity is moving into riskier assets, especially altcoins, which are poised for a breakout.
Impact of Rate Cuts: Lower rates mean greater liquidity in the market. Investors are looking for high-growth potential, and altcoins are at the forefront. Historically, easing financial conditions favor speculative assets, making altcoins a solid bet in the coming months.
Entry Point: TOTAL3 sits near $600 billion, just above strong support around $580 billion. A move above the breakout level at $939 billion could set the stage for a massive bull run, with a primary target of $1 trillion and a maximal extension around $1.384 trillion.
📊 Technical Levels:
Support: $580 billion
Breakout Level: $939 billion
Primary Objective: $1 trillion
Maximal Extension: $1.384 trillion
A breakout from the current consolidation could see TOTAL3 surge in line with broader altcoin momentum. The Fed’s rate cuts further enhance the bullish case for altcoins, making this an exciting time to be in the market.
If you like altcoins, perhaps it’s time to diversify with AI + Crypto unicorns like CRGPT.
One Love,
The FXPROFESSOR 💙
Sui's fundamental growth is seeing price surgeThe Sui chain is trying to enter BIG4 category
Since October last year its been clear that the BIG3 are Eth, Sol and BSC. BSC has been losing market share since 2021 but is still dominant to second tier chains.
Out of the second tier chains Sui has been growing. Now competitive with only Avax.. Sui is trying to make its way into becoming apart of the BIG4 if not replace BSC in the BIG3.
Sui has seen a price surge off the back of this
As Sui grows and expands into things like USDC integration.. the price will likely align. We are enter a stage of value investing within crypto which shows the development within the space. Sui is proving itself as one to keep an eye on in that regard.