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ALTS

OPUSDT - Altcoin with GOOD UPSIDE Potential (Wyckoff)Using the Wyckoff Method has always been my go-to strategy when looking for buy's. The theory behind it is that basically the market goes up, down, sideways, and up again etc. You can dive into more detail by taking a look at volume and trendlines, but for today's analysis we'll keep it simple and focus on the good upside potential for OP. The above clearly shows an excellent Elliot Wave Theory playout - 5 impulse waves up and the following three corrective waves - indicating the bottom is close. The above is classic Wyckoff Method Theory together with the emotions at each phase. OP, according to the above, is very close to bottoming out - in other words, a great place for accumulation. During the previous phase, the price increased over 400% over the course of a few months. If you have the patience, it can be a great increase. __________________________ BINANCE:OPUSDT
Long
by CryptoCheck-
Altcoins Warming Up! Here Are Some Picks.Traders, We knew it was coming. We knew alts were nearing their bottom and would heat up soon. We knew we would start to make and take massive profits like we did on one of our trade exits today (+64%). WE DID NOT KNOW THAT AN ASSASSINATION ATTEMPT ON FORMER PRESIDENT TRUMP WOULD START IT ALL. But this appears to be exactly what happened because prior to the attempt the former president had been vocalizing full support of Bitcoin and crypto. The big dawg (BTC) has led the pack strongly and I believe we are just beginning to see the start of our second leg up in the altcoin space. In tonight’s video, I am going to cover the current hottest alt and meme coins in the list that I track. We’ll do some quick technical analysis and I’ll give you some possible entry points and strategies as well as some final targets for swing trades. Paid subs, know that in the future I will probably be picking up one or two of these coins. Also, should my proprietary indicator continue its current success rate, I may share a special post about what this is and how I utilize it. Be on the lookout for these future posts and more. Enjoy this week’s video on a few of the hottest altcoins for this mid-July.
Long
by stewdamus
INJ - Full Bear Mode?I've been bullish on INJ until the M-Pattern formed - which has since taken us into a bearish correction. There is ONE zone that remains our final hope for a new ATH, but if we cannot hold this support then INJ is full on bearish for the immediate future. Let's take a look at key zones for buying orders as well as the INJBTC chart for insights. Here's an alt that is instead moving into accumulation as discussed in the video: _____________________________ BINANCE:INJUSDT BINANCE:INJBTC BINANCE:OPUSDT
by CryptoCheck-
RNDR: Key Buy-Back Zones to WATCHRender has completed its bullish cycle and is now moving steeply into bearish phase. Now this does not mean I am not enthusiastic about RNDR - In fact, it was on my list of top AI coins to watch for 2024: I also called for higher prices early on. And now, it's time for a pullback. This is NOT a bad thing - it gives you a chance to buy back in at lower prices, in anticipation for the next rally! I've market two zones for each timeframe that I will be watching as potential zones for spot buys. Don't miss yesterday's analysis on ETH: _______________________________ BINANCE:RNDRUSDT
RShort
by CryptoCheck-
Does BTC go down even more? And what would that do with ALTSDid BTC make it bottom yet or will we see more red? If we look at the charts and the strong rejection of the current lows we would like to think we have seen the bottom. Relative Unrealized Profit That made me look into the RUP chart (Relative Unrealized Profit) on Chainexposed. If we analyse that chart we can see that the RUP in the green zone has been bottom signs. If we look in the red zon ther was always a top if we got there. The in the big circle we see a mirror image of 2022 vs 2024 and both can be seen as a H&S structure. Both have the same TT in the green zone. If we take this chart as leading sign we can sugest a uptrend from the current lows to form the right shoulder as drawn in the chart. The break of the shoulder and neckline would be the sign that we will go down towards the liquidity below the lows. Now this is nothing special in a regular bullmarket. But what if i was too tell you that the first real liquidity for BTC is as far down as 32k... Yes you did read it correctly. Almost all liquidity between the 56k and 42k where it was for a week or two ago is gone now. So in my opinion there ar two main scenarios possible here. Scenario 1: We will see new liquidity from retail investors building up just below the current lows and that will bring enough fuel for the bulls to proceed with the bull run and break the ATH. Scenario 2: Retail is so affraid (by FUD and the loses on alts) that they will not have the believe in the uptrend now. Then that would mean they are not likely to buy or go long now. Then the liquidity range below stays rather thin and there is lack of fuel for the bulls. Will that trigger a flash sale all the way down towards the 32k? What are your thoughts on these scenarios? Please let me know in the comments.
by RP_cryptotrader
Golden Cross Re-test - Brief / Strong AltseasonAlternative idea for Bitcoin Dominance. Small rising wedge breakdown on the weekly that began forming at the start of a Golden Cross of the weekly 20/100 and 50/200 MAs (and EMAs, not pictured) Often after golden crosses, before the real bull run there is a strong re-test. A re-test of the 100 and 200 weekly MA over the next month or so would target the exact same TP 2 as the rising wedge breakdown, around 49%. 49% also sits at the wick high of weekly support. I see the possibility of a sharp drop down to ~49%, and if that level holds, a sharp rise up. This could mean altseason is right around the corner, but could also mean it gets cut short around end of July or in the fall. For a a different outlook considering a longer altseason and a sharper drop in dominance, see this other related idea: For a short-term bearish then bullish outlook on Bitcoin Dominacne, see here:
CRYPTOCAP:BTC.D
by dudebruhwhoa
$61,357 is the 2021 highest monthly candle closeMaintaining this on a closing basis for JUNE & JULY is essential to ensure we haven't prematurely topped out we did have some topping signals namely the #bitcoin ETF approval and going live and Andrew Tate destroying the #Solana network :) It would not be entirely disastrous in BTC ends the calendar year around 50k but it would actually give fuel for a full 4 year cycle I am still leaning into this being a Bear Trap And a MASSIVE #Altcoin shakeout. and the #MTGOX distribution not having much effect (remember they got hacked for 700,000 coins and only have 140k to reimburse )
INDEX:BTCUSDLong
by BallaJi
4
What's next for altcoins ? TOTAL3 analysisAt present, the CRYPTOCAP:TOTAL3 , which excludes the Bitcoin and Ethereum Marketcap, is navigating through a critical phase. 'total3' has now come into contact with its short-term support level, a zone that has repeatedly demonstrated its strength and sturdiness, having successfully held up multiple times in the past. This support zone is of paramount importance for the performance of alt-coins. In order for these alt-coins to see an uptick in their values, this support needs to prove its strength once again and hold firm. Moreover, the total market cap needs to experience a bounce back from its current position in the 600B zone. If these conditions are met, it could potentially lead to a significant price boost for the major alt-coins in the market. However, there's always the possibility that this support fails to hold up. In such a scenario, the ensuing support is situated around the 500B mark, which is also a robust support level. Should the total market cap hit this support level, we can anticipate a bounce back. But it's crucial to note that if this support level is indeed tested, it could lead to a considerable number of alt-coins losing their value. As of now, it remains to be seen which of these scenarios will play out. Personally, I am hoping for a rebound from the current support around the 600B mark, as it would bode well for the state of the market and the alt-coins in particular. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers, GreenCrypto
CRYPTOCAP:TOTAL3
by GreenCryptoTrades
SHIB - This Indicator says SELLSHIB has just flashed a dangerous "SELL" alert. This indicator is highly accurate in higher timeframes, especially the weekly. Look at all the "SELL" signals and how far the price drops after: From a trendline perspective, SHIB HAS to stay ABOVE the current support line (Fibonacci line 0.236). If it falls under, SHIBA will be at risk of falling to the dotted line, which is BEARISH. In case you missed it, my take on Bitcoin for the SHORT TERM: ________________________ BINANCE:SHIBUSDT
Short
by CryptoCheck-