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Want to see an impulse up and out of this box, for confirmation.
Box break must re evaluate! lol
ALTS
BNB - WATCH OUT 👀 4h Support Breaks📉Hi Traders, Investors and Speculators of Charts📈
In the lower timeframes, sellers have taken control and the price is trading right on top of a very important support zone:
If we lose this support, the next likely bonce zone is only around 175:
From a macro timeframe, the technical indicator is still bullish (as long as the green trendline holds:
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CryptoCheck
CRYPTOCAP:BNB BINANCE:BNBUSDT BINANCE:BNBUSDT.P BINANCE:BNBUSD CRYPTOCAP:BNB.D MEXC:BNBUSDT.P
Double Bottom w/in Adam & Eve That Could End the Alt MarketWe have a double-bottom on the monthly, which also looks like Wyckoff Accum when viewed from the weekly timeframe. It has already broken out and initially targets around 58%.
Should that move break through the resistance between 58 and 71%, it could confirm a giant Adam and Eve pattern which could easily send Bitcoin Dominance back near 100%; potentially spelling the end for the vast majority of the Altcoin market or even crypto altogether.
This is a monthly chart, so a lot can happen along the way. I even have a bearish outlook on the daily that I recently published, that after publishing the bullish outlook showing the weekly Wyckoff pattern.
Still, long-term we may be headed back near 100%, with the pre-requisite of reclaiming 71%.
alts season coming as etf hype is over and btc correcting while alts are getting ready and preparing for massive recovery many alts breaking out while btc breaking rising wedge
means money is shifting towards altcoins expecting solid recovery in good crypto projects btc can consolidate in 38 to 48k for sometime
BTC.D at its support. May rise soon, Alts dump is expected!BTC Dominance is at its major support and is expected to rise soon from this level, if this happens then we will witness a major drop in alt coins from 20% to 50% retracement.
major drop in some coins like MATIC, XRP, FTM, DYDX, LUNA could be seen in few days.
SUI - This ALT can EASILY x100📉Hi Traders, Investors and Speculators of Charts📈
I've been focusing on altcoins with use case and good upside potential and SUI is one of them. Although SUI has recently increase 70%, this altcoin can still increase exponentially from here once the market cap picks up.
Endorsed by Ledger; Sui is a decentralized layer 1 blockchain that uses a specific type of proof-of-stake consensus named delegated proof-of-stake. Sui is a unique blockchain using the Move language and parallel transaction execution, which allows it to process transactions much faster than its competitors.
In short, Sui aims to increase its scalability without compromising on security by using a combination of the native programming language Move, parallel processing of transactions, and delegated proof-of-stake consensus mechanism.
This way, Sui allows for fast, private, and secure digital asset ownership accessible to everyone.
The nascent project has a flourishing ecosystem of dApps ranging from NFT and DeFi to GameFi. With scalability and fees remaining a concern, more and more developers are expanding out to other ecosystems. SUI is a solid project and over time more and more people will start to build on it - and use it.
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CryptoCheck
BINANCE:SUIUSDT
DOGE - THIS Altcoin can +800% 📈📉Hi Traders, Investors and Speculators of Charts📈
Dogecoin is the original meme coin, famously started as a joke in 2013. Nevertheless, thanks to a dedicated community and creative memes, it has rapidly evolved into a prominent cryptocurrency.
From a chart-analysis perspective, DOGE has big upside potential, and from a fundamental perspective - things are looking good for this altcoin in 2024. Elon Musk has finally announced a peer-to-peer payment system on X (formerly Twitter) and have also stated multiple times in the past that he plans to include DOGE as a payment option.
From a macro perspective, I am bullish on DOGE. But for the SHORT term, DOGE is bearish. The price needs to establish support before going higher, and the downwards trend means that support hasn't been found at the current levels.
The short-term bearish sentiment is confirmed by the technical indicator CryptoCheck START V3.5, flashing a "sell" signal :
We would need to start seeing daily candle closes ABOVE the green 50d Moving Averages before considering more upwards price action:
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CRYPTOCAP:DOGE
This Simple Chart Tells Us All We Need to Know About Altcoins RNTraders,
Don't really have to say much more here. This is the altcoin total market cap excluding BTC and ETH. Alts continue to face trouble and it looks like more selling will ensue. Stay out of leverage and trade carefully. Ensure those stops!
HNT long setting up soon. Daily Flag Breakout.We have to be cautious of such a large pullback on the daily, but we are setting up support for another leg higher. This daily does have a higher chance at setting up a big tightening range, or a triangle.
Resting on support as I type this, setting up for at least a scalp to the long side with clear risk to the downside. Ideally, we hold over 5.9-6.2 and get some daily closures above it to confirm the move.
Bullish on SDEXSDEX, the native token of SmarDex
one of the most promising projects for 2024
literally, my biggest bet, by far
already they have Dex and Defi, great ones
They will issue a new stable coin in 2024, and Lending platform, this will burn SDEX supply
short term target 3.5 cents
long term target 50~99 cents
EOS a long long but worth it…Good evening friends and happy new year!
Have been looking into my long term holds and will post a few of them for long term trades and investing by holding.
Not interested nor caring about the market dropping, as I believe in the long run it’s a win.
Take a look at it and let me know what you think.
I started this year adding coins to my new long term investments and this is one.
Trade thirsty.
Possible Move Down to Daily SupportBitcoin Dominance may move down to daily support around ~48-49%.
Confluence:
It has failed to remain above 53.2%, which is the bottom of a resistance area
Not pictured: it has also lost the 50 day SMA and is presently pushing on the 50 day EMA
It has formed a smaller rising wedge as it moved into resistance and broke down from the bottom of that wedge (light blue diagonal) targeting ~49% for its 1x measured move down.
There is a larger rising wedge (white diagonals) that will see a confirmed breakdown if the smaller one above hits its ~49% target, and its initial target is bottom of daily support @ ~48%
How this could be invalidated:
A reclaim of the 50 day SMA (not pictured).
Get back above the 53.2% level and continue pushing through resistance.
Move back above the smaller rising wedge's bottom and get above the shared top from both rising wedges
Here's a look at the chart above, but with the 50/200 day SMAs and EMAs:
Thanks ahead for reading and sharing your thoughts!
- dudebruh
CTK, another impulse on the way?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
SEED_ALEXDRAYM_SHORTINTEREST1:CTK
Found this on a scan and have been tracking well.
Stalking it since mid-Dec.
Time to take notice, MO.
Reacted from level identified, moved to an AOI identified, with a reaction out of said AOI.
IF:THEN.
NEVER a certainty, obvi, but interesting.
ADA home on the range?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRYPTOCAP:ADA update.
Didn't have enough gas to give it.
So, now watching this channel and same levels.
I still think it could be ranging.
But, which way are the swift and corrective moves facing? 🤔#Elliottwave
Until that changes down is probable.
TOTAL2 - Market Cap BOOMThe current structure forming at this low is very similar to the structure that formed very early in the crypto market (45M) which led to a bull market towards (428B). I believe we will see another massive growth period pushing the market cap excluding Bitcoin well into the T areas.
Is today the day for ADA?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#ADA update 🧵
Is today the day? If so, daily close?
We got the ideal move, down to box provided and bounce out.
2 .618 hits, falling vol, converging TLs...
Volume up here would be great!
PTT is labeled if it starts moving.
🤞 BINANCE:ADAUSDT
Altcoin Market Capitalization Retesting Critical S/RAltcoin Market Capitalization currently retesting critical support/resistance around 402B.
If current area remains supported then altcoin Market Cap can look to higher resistances around 470.1B and 514.4B. Bitcoin dominance will fall...This will enable altcoins to rally. #altseason 🚀
If this critical support cannot be maintained then look for supports 332B, 287B. Altcoins will perish and Bitcoin dominance will rise higher!
Alt Dominance about to BreakoutThere's a falling wedge with a failed breakdown on the 3 day chart. That failed breakdown highly increases the likelihood of a successful breakout. RSI has been diverging from price, and that divergence recently strengthened.
Bitcoin dominance recently bounced from the top of an expanding wedge and looks like it wants to head down, finally making its new ATL:
Could this be the time for alts to make strong gains against Bitcoin before the next halving run begins?
PYRUSDT, will the crypto gaming start moving?PYRUSDT / 1W
Hello Traders, welcome back to another market breakdown.
PYRUSDT is one of the charts I'm waiting for to pul-back. The price has broken from the range that looks like an accumulation.
Checkout the chart for where I would like to get a spot entry.
Trade safely,
Trader Leo.