ALTS
Aiming at 10 - GALA set up for successNot only has this coins company been building out a major foundation , the trading has been hot for weeks now on coingecko and coin market cap. Even amongst all the meme coin insanity.
Now for the chart, I've got alerts set at my 7c mark. This is a hefty level ass a ton of volume was traded there. If we hold above 7c with some daily canlde closures, we are going to see a solid test at 9/10c.
See you all on the other side of 10!
The next alt season.The relative strength oscillator begins to lean towards the alts, after an initial important upward movement in BTC, the alts seem to want to follow the trend. I can deduce this from the fact that for the first time in the last two years, the oscillator has been downwards for longer than upwards, furthermore it has pierced the previous low, therefore added to the alts charts which are mostly set upwards, we can hope that this is the beginning of the new alts season. I don't expect the crazy percentages of previous years, but I can't rule it out for sure. The only thing I can do is expose myself more towards the alts hoping to have hit a good moment to establish that we are in the alts season. I put some signals in the history to see what happened in the past, it is clear that once the zero line was broken, then a period almost a year and a half long began where the alternative currencies to bitcoin had better performances than to the queen of cryptocurrencies.
Solana UP 87% - ALTSEASON upon us!📉Hi Traders, Investors and Speculators of Charts📈
Solana is up 87% in the past few weeks, and it's one of the altcoins that have seen the best gains in a 24h time frame. This is usually a good time to secure some profits.
I've been bullish on Solana and other altcoins for 2024, find the other alts I am watching here:
From here, I expect micro cap coins to start making their rallies. ARE YOU PREPARED FOR ALTSEASON 2024?
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
KUCOIN:SOLUSDT
KEY playing with a major Resistance level nowThis singular POC resistance level marked multiple massive rallies in the past when it was broken. With the first major all time high break in 2021. Im sure we'll see another gnarly move through this level, but will it make it back to the top?
SOLANA Holding up extremely well. Inverse Head & Shoulders v BTCWith this slight pre halving dip.
And look at this chart it has formed vs #Bitcoin
Using our log based target for #BTC of $143.9k
We can project how high #SOL COULD possibly go.
Similar patterns have formed v ETH & USD has already highlighted.
***** ----------------- *********
These are just mere mental frameworks of a POTENTIAL price roadmap.
Imagine not having a roadmap... and someone was to cash out $500 ... went on a long vacation
Only to see the Sol price trading at $1800... with "Analysts" & influencers calling for $5K
Creating FOMO and going back into the market only to watch it top at $2400
and then proceeding to ride it back down to triple digits!!!
Your initial profit taking at $500 may only be worth $250 before you come to your senses and run for the hills with what you have left.. still a good win if you got in low enough
... but you would probably be emotionally scarred for the next few years!
Enjoy this dip
We still got some time left in this bull market obviously
But time is not on our side and you should have already laid out your exit plans.
MDT Will Moon Like FET - DO NOT MISS IT MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
MDT has had a very strong breakout , These breakouts can often continue longer than people think. MDT should have a breakout like FET and continue to moon. This has very good market structure and good price action . These structures are how you can make good returns on investment / on your trade
Please watch the video for more information
Matic Network💥Hello friends! Have you heard about Matic?
💻 Matic Network, now known as Polygon, is a layer 2 scaling solution for Ethereum that aims to address the scalability and usability issues of the Ethereum blockchain. It enables faster and cheaper transactions by leveraging sidechains, plasma frameworks, and the Proof of Stake (PoS) consensus mechanism.
💡 The Matic Network coin (MATIC) is the native cryptocurrency of the Matic Network. It is used for various purposes within the network, including paying for transaction fees, participating in staking, and securing the network through consensus mechanisms.
🧰 Overall, Matic Network aims to improve the scalability, security, and user experience of decentralized applications (dApps) and Ethereum-based projects by providing a scalable and efficient platform for building and deploying them.
💰 now, I see a good opportunity for mid-term investment! It may have a decent price increase! You can find entry and take-profit levels on the chart!
Confess, which coins are currently in your portfolio? I would be happy to discuss a few of them, so write in the comments!📊
Thanks for Your attention🫶
Sincerely yours Kateryna💙💛
ARPA/USD Looking for a bounce of this 30% drawdown SupportAfter seeing a triple bogey test of the support zone marked up, Im looking long here. This 30% drawdown correlates nicely with the rest of the market and BTC pulling back. Finding support as clear as this during a market wide pullback, will allow for so many more eyes to catch on and see the potential trade.
Saylor will fail his investors once again... USDT rebound ideaMorning ladies and gents,
As BTC continues to rise, one can only think about the perfect time to exit.
It's impressed me, and I believe it might impress us a little more, as it moves higher. But I still dont think the big players are gonna let the opportunity pass in front of them again, or will they??
I think the death of the crypto space is people like Saylor, they preach decentralization, but if you take a handful of them, they control it just the same.
As much as I would like to, I won't emphasize too much on this, just a little more...
But Saylor a few years ago, had BTC holdings at an average price of $22k. As BTC made its way to SWB:69K for the first time a couple years back, he increased the average price to about $30k. As BTC reached $15k he was able to lower it again below the FWB:25K range, after failing to take any profits preaching BTC is this long term vision of his. Now, here we are once again, at $70k and apparently he's not taking profits, his average price is also above $31k. He's SEED_TVCODER77_ETHBTCDATA:5B in profits and hanging in there. If I could ask the BTC gods and market makers something, I would ask to just make this market follow the rules, creating a pullback pattern, finding support, maybe going somewhat below $40k range, so this clown IMHO can zero once again. Failing his investors TWICE, and not taking over MUN:10B in profits in a 5 year span!
Here's my chart friends, take a look at it.
Trade thirsty!
Don't Buy Inu #DBI --- massive cup & handle The log target is projecting a new High
I love the DEV <3
and do own a bunch of these coins
--- for the culture---
--- for the Honour---
And also to make gains
Next stop appears to be a penny
log target is nearly 6X away
and for people who have been following me for a while probably have a real good cost basis now!
As #PEPE & #WOJAK have shown us
the #Meme economy is still strong
#DBI is a DO BUY
#Altcoins are starting to move. Falling Wedge on #REEFKeep an eye for a potential breakout
There is always a chance for retest of the wedge
But first target would be the resistance at 0.00218 a good +50% move
A, B or C? #Crypto Total Market 3. W pattern or Continuation?As we near the end of this bear market in crypto
(in relation to #BTC 4 year cycles)
The lack of liquidity has been evident for many months now, with wild swings in both directions.
Which I have played to to make meaningful gains , if you have been following me on my ideas stream well done.
(YOUR trade = YOUR Risk management)
Lack of liquidity means lack of seller and buyers, yet buying interest in crypto still remains
As the #Doge pump highlights (another idea I shared last week)
I can't help but notice the similar pattern of the previous Bear market bottom... on a much more concentrated timeframe.
What took very nearly two years of price action to form and follow through on.
Is now occurring on a 6/7 month timeframe.
Very interesting indeed!
A, B or C?
Comment below
GALXE --- #GAL Inverse Head & ShouldersI mentioned GALXE as a new altcoin to keep an eye on at the start of 2023
And it has been a solid if not spectacular performer since than.
It has now formed a inverse head & shoulders
with the Neckline at $2.8
we are going to have a mega #ALTCOIN rally!!!!!!!!!
Imminent. I believe. Right now.
Whatever #ALTS you have
make sure to lock in some profits as we charge up.
(whether back into BTC or ETH or SOL)
A granny will sell half on a double till infinity.
on the other end of the scale selling 10% after a 10X
It's all personal of course.
Bitcoin is Still Bullish to 80k Before 48k RetestTraders,
Just a quick note to keep you abreast on my still bullish Bitcoin bias. As you know, previously, I had thought that we might get a pullback to 48k before continuation to our inverse H&S target of 80k. But that was only if we could not close above our multi-year support/resistance from 2019. The bulls pushed right through that, a feat that is rarely accomplished! I don't know that I've ever witnessed a break straight through a TL that remains so significant. And now, with this weekly candle closing above the same resistance and forming a bullish hammer candle pattern, the probability increases that we will continue straight to our 80k price target before any sort of a pullback.
The Bitcoin dominance chart (below), however, is rather bearish. Does this indicate weakness in our great leader? Not necessarily. In fact, I am of the persuasion that it actually indicates another huge altcoin bull run could be imminent. See, what could occur here soon is that alts take off and increase rapidly in price. BTC dominance dissipating could simply indicate to us that even though Bitcoin will continue to increase in price, altcoins will do it much more rapidly. The net effect of this race to the top with altcoins winning by a long shot would cause BTC dominance to drop. And this is my current view.
If I am right here, the next few weeks in the altcoin space should be a ton of fun and huge profits are on their way.
But set those stops accordingly. I could be wrong too. You know my bet.
Best,
Stew
ALTcoins - sh*&coin cycles - the casino that never closesALTcoins - sh*&coin cycles - the casino that never closes
ZOOM into this puppy to see the short term action better
Its been awhile since i looked at altcoins. we are experiencing a macro pivot here imo.
I have been loading up for months now. Will rotate out of the BTC bag after we hit the zone I am looking for on btc dom chart (see attached), into whatever alts in my port have done the best on this pre run we are getting now.
Altcoins have been VERY cyclical. I mean look at those repeating momentum cycles, its clear asf. You have to be blind not to see it. You can thank the whale algos for that. Altcoins, and crypto in general is just a huge casino, these guys just milk retail over and over.
Trick is you gotta learn to see what they are doing not what their bots or paid shills are telling you on twitter.
Ride the dragon then jump of that mofo before it evaporates.
I've been through several of these now and am only just learning the ways. Yes I am an idiot, I should be filthy rich by now, but the big picture is becoming clear to me..
Big question here is ; do we get some big black swan event, looking like late Nov, like last cycle, or just a healthy correction on the way up into the stratosphere??
"Show Me The Charts and I'll Tell You the News"
Repeating Patterns May Lead to a New ATH for Alt DominanceAlt dominance formed something that looks a lot like an HSi with a very small right shoulder, which broke above its neckline and successfully re-tested, confirming the pattern and targeting 16.6%.
See the white drawn pattern and its white dashed neckline on the chart.
The same area of breakout and re-test from the smaller white pattern is forming another similar small right shoulder on a larger HSi as drawn in blue, with its neckline as the blue dashed line.
Should the blue pattern be a repeat of the smaller white one, and breakout of its neckline as well (note that it should as long as the white pattern continues up towards its initial target), it will target 21.8% upon confirmation and any successful re-tests of its neckline.
More related ideas for BTC.D and OTHERS.D in the Related Ideas section below.
This would suggest the possibility for a new ATH for alt dominance. For confluence, note that the halfway point towards 21.8% nearly equals the initial target of the smaller white pattern at 16.6%. And, rising green volume into the move.
NKN Can TRIPLENice Market structure for #NKN
We have a nice, Resistance level flipped into a support zone
A inverted #HVF at the top of the last cycle.
Which targetted that old resistance level.
We held .... We consolidated.
And it appears on the verge of a breakout ... anytime soon.
#BTC supporting the cause of course.
What's interesting the target level runs right into the funnel of the inv. HVF
Confluence increases confidence :)
#NEON EVM to $10#Alts on #solana
Could still give nice returns
as we saw yesterday when I highlighted #PYTH
Will this giant cup & handle play out for NEON?
That would be close to 200X from it's all time low.
New entries could possibly give over a 5X
It's broken and retraced and seems to be ready to go on another run.