Get started

ALTS

TOTAL3 - Altcoins Might Pull BackAltcoins have seen a boon this last month as well. Altcoin market capitalization increased 30% over the past four weeks, driving up from our Demand Zone. Altcoin MC has now hit a resistance level at approximately $460B. Above us is a very wide Low-Volume Node, with the next significant area of resistance in the $650B region. This means that a successful breakout here could lead to a near doubling of altcoins market capitalization: or as it is colloquially called in crypto: alt season. Altcoins are unpredictable, however principled analysis here leads me to consider now a current opportunity for trimming initial profits on altcoin long positions, and waiting to see if altcoins continue their charge or fall back into this year's trading range.
CRYPTOCAP:TOTAL3
by CrackingCryptocurrency
Prepare for a major ALTSEASON ahead!We believe the alt coin market is starting a major rally and the indicator is a simple 1M MA50 (blue trend-line) test on the BTC Market Cap Dominance (BTC.D). Every time the market has touched its 1M MA50, the alts market (orange trend-line) has started an aggressive rally, which is what we call 'Altseason'. Since September 2019, this is the 3rd time we will have such a major Altseason event and since we are before BTC's Halving, it will most likely not be the last of the current Cycle. Have you picked up your alts already?? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTOCAP:BTC.D
by TradingShot
1
ADA vs ETH : Which is Better Buy ?Hi Traders, Investors and Speculators of Charts📈📉 Both Cardano and ETH have massive followings. When ADA was released, many argued it was going to be the "ETH killer" . (Don't shoot the messenger now). But today's analysis is not going to be about fundamentals, or arguing which coin is better than which... instead, we're going to take a look at which coin has the most upside potential for the next bullish cycle. ADA or ETH? And also, what is the risk-reward? First, let's take a look at SHORT TERM zones: It's important to note that during the last bearish cycle, ETH lost 80% of it's ATH whilst ADA lost just over 91%, meaning that ADA falls much harder than ETH. In the DAILY / also SHORT TERM / we see that ETH is ready to proclaim a new bullish cycle, but ADA not yet as ADA struggles to capture the 200d Moving averages: From the weekly perspective, ETH is just about to reclaim all Moving Averages as support, but Cardano is lagging behind, still trading under the 50d MA (technically from a moving averages perspective, still bearish). And finally, from a macro perspective logarithmic chart, ADA has yet to reclaim the 0.618 Fibonacci Log Channel, whilst ETH is already trading on top of it. With all of the above said, there is a clear distinction that we can make between the two trades : ETH is a safer bet then ADA, but ADA has much more upside potential then ETH. This is where you need to decide what your appetite is for risk. ETH has a lower risk medium reward setup, and ADA has a high risk high reward setup. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck
KRAKEN:ADAUSDLong
by CryptoCheck-
28
Long to ShortHowdy friends, I can't seem to figure out why I would want to post something bearish right now. It doesn't matter if you bought coins a week ago, or yesterday, you'd be in profits! When this market is high trending its beautiful. But two things I can't seem to get over: One, the fact that this totally looks like a wedge or channel depending on where you place lines. Second, the fact that we did not have a long term accumulation on ETH like we did a good 4 years ago. So maybe market makers would want to bring ETH below the lows after we reach anything between $2250-$2400. So lets pay attention and see what comes out. Trade thirsty my friends!
BITSTAMP:ETHUSDShort
by mr_willmedina
2
Ethereum (ETH/USDT) Chart Analysis - Short-Term ProjectionIn this technical analysis, we will take a closer look at the Ethereum (ETH) price chart against the US Dollar (USDT) in a 1-hour (1H) timeframe. We will assess the current market situation and outline potential price movements for the near future. Current Price: $1798 Chart Pattern: Bull Flag Price Target: $2000 (Short-Term) Technical Analysis: The Ethereum price is currently trading at $1798, and the chart indicates the formation of a Bull Flag pattern on the 1-hour chart. This pattern is often seen as a bullish continuation signal, suggesting that the price may experience an upward movement in the coming days. Key Levels to Watch: Strong Support at $1750: One crucial level to monitor is the strong support at $1750. If this level holds, Ethereum to make its way to the $2000 mark in the short term. Resistance Levels: $1850: A resistance level to consider on the way to the $2000 target. $2000: The short-term price target for Ethereum, should the Bull Flag pattern play out as anticipated. Trade Strategy: For traders looking to capitalize on this potential price movement, consider the following strategy: Exit Strategy: If the $1750 support level is breached and the overall trend changes, it may be prudent to exit your position to minimize potential losses. thank you. Please Like and Follow me For more Quality Analysis.
Long
by CryptoPatel
XRP : Short Term, Take EXTREME CAUTIONHi Traders, Investors and Speculators of Charts📈📉 As promised, a short term update on XRP. It's important to remember, the price action we're seeing on most altcoins right now is due to rotations between BTC and alts. More info on this topic here: Again I think there are better buys in the market than XRP right now. Alts with way better setups. Incase you missed the previous update, here's some really important notices from my side. Also hence why I'm advising caution when trading XRP, especially if you're trying to swing trade: _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck
BITSTAMP:XRPUSD
by CryptoCheck-
10
MATIC/USDT Technical Analysis: Deciphering the Chart SetupMATIC/USDT Technical Analysis: Deciphering the Chart Setup Bullish Bounce from Symmetrical Triangle MATIC currently trades around $0.65 after bouncing from the $0.52 level, which aligns with support of a symmetrical triangle on the daily chart. Symmetrical triangles typically act as continuation patterns, so this bounce suggests a resumption of MATIC's uptrend within the triangle formation. Favorable Higher Timeframe Structures On the weekly chart, the symmetrical triangle takes shape as a larger bull pennant, which is also a bullish continuation pattern. The confluence of constructive structures on the daily and weekly timeframes paints a positive picture for MATIC over the near term. Measured Move Targets $1 Initially The symmetrical triangle points to an initial measured move target of around $1 if MATIC can break out above the upper triangle trendline. Reclaiming the key $1 level would likely propel additional upside momentum. Potential for $5+ in a Bull Market Looking longer-term, if MATIC breaks and holds above $1 decisively on the weekly chart, the bullish structures an extended move towards $5 first, with the potential for $10 in a sustained crypto bull market. Monitoring Key Support at $0.50 If macro conditions worsen, keeping an eye on the $0.50 support level is prudent. A breakdown below $0.50 would invalidate the bullishness and introduce downside risk towards $0.20.
MLong
by CryptoPatel
SUI/USDT Technical Analysis Chart Overview in Long TermSUI Chart Analysis Overview Strong Returns from Lows SUI currently trades around $0.46, after recently bottoming at $0.3620. This marks a 4.6x increase from its ICO price of $0.10. The all-time high for SUI was $1.60, representing a 16x ROI from the ICO. This shows SUI's ability to post outsized returns during bullish momentum. Attractive Entry Zone Even after the 4x bounce from recent lows, SUI still sits 70% below its all-time high. This suggests the $0.45-$0.40 zone is an attractive area to start scaling into a position. Initial upside targets based on technicals and prior resistance levels are $0.62, $0.97, and $1.42. Preparing for the Next Bull Run If SUI can repeat or exceed its performance from the previous bull market, a rally back to its ATH of $1.60 is reasonable. I also see potential for SUI to reach the $5 level in the next sustained crypto bull run based on its upside history. Managing Risk While the opportunity in SUI appears promising, proper risk management is always essential. Never invest too heavily in one asset. Keep position sizing modest and diversify across a basket of opportunities.
Long
by CryptoPatel
2
Bitcoin Weekly Chart Analysis: Key Resistance Levels in FocusBitcoin has been a topic of discussion in recent weeks, as it continues to trade within a range that has kept traders on the edge of their seats. In this weekly chart analysis, we'll take a closer look at the current state of Bitcoin's price, focusing on key resistance and support levels that could dictate its future trajectory. Current Price: As of the latest data, Bitcoin is trading at approximately $34,000. Weekly Resistance Breakout: One of the most critical factors to watch for in the Bitcoin market right now is a potential breakout of a significant resistance level on the weekly chart. This week's candle is set to close soon, and if it finishes above $31,000, it could signal a substantial bullish scenario for Bitcoin. Resistance Levels: The two primary resistance levels to keep a close eye on are at $38,000 and $46,000. These levels have been significant obstacles for Bitcoin in recent times. $38,000 Resistance: If Bitcoin manages to break through the $37,000-$38,000 resistance zone, it could pave the way for a rapid price surge toward $46,000 in the coming days. $46,000 Target: A successful breach of the $38,000 resistance may lead to Bitcoin's price reaching $46,000 in a relatively short period. Potential Support Level: While we focus on the bullish scenario, it's crucial to be prepared for the alternative outcome. Should Bitcoin fail to surpass the $37,000-$38,000 resistance range, there is a possibility of a retest of the $30,000 level. Final Thoughts: In the world of cryptocurrency trading, it's vital to approach the market with a well-informed strategy. Never trade blindly and always monitor critical resistance and support levels. Support Level: $30,000 is a significant support level that could come into play if Bitcoin faces rejection at the $37,000-$38,000 resistance range. In conclusion, the Bitcoin market is at a crucial juncture, with the potential for both bullish and bearish scenarios. Traders and investors should keep a close watch on the $37,000-$38,000 resistance range, as it could be the key to determining the next direction for Bitcoin's price.
Long
by CryptoPatel
4
ETH USD IdeaGood morning, fellow Crypto Weekend Warriors! As we review last week's technical analysis, it's clear that we've witnessed a successful range breakout and a backtest of the range high. The beauty of Crypto Weekend's 4-hour structure is that it consistently delivers results. Since our last update, we've achieved an impressive 19% return on our investment, and we're now compounding our trades following a successful backtest of the range, adding even more profits to our portfolio. We're looking ahead to the upcoming week, anticipating a potential run through liquidity. In our strategy, we always book partial profits along the way, and last night was no exception. With a 2% Profit already hit, our position is now break-even, ensuring that our risk is effectively minimized. For those of you considering similar trades, we highly recommend waiting for 1-hour fractal bullbacks before entering the market. Remember, not everything goes according to plan in the crypto world, so we prioritize our safety through sharp risk management. And let's not forget our cardinal rule: patience is our number one indicator. In a market as dynamic as this, it's essential to let the trades come to us, not the other way around. Happy trading, and may the crypto winds be ever in your favor!
COINBASE:ETHUSDLong
by themarketknight
XRD & GFAL 💎Don't Sleep on these ALTS!Hi Traders, Investors and Speculators of Charts📈📉 In today's analysis, I present to you 2 gems altcoins with great setups and great upside potential - XRD and GFAL . Let's take a look at ideal buy zones and future upside potential in this quick video analysis. Don't forget to check out this update on LINK: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck CRYPTO:GFALUSD MEXC:GFALUSDT BITFINEX:XRDUSD KUCOIN:XRDUSDT
BITFINEX:XRDUSDLong
by CryptoCheck-
6
📈 The Ultimate Altcoin Survival Guide 🎯🛡️Hey there, crypto enthusiasts and market savvies! Professor here, bringing you a critical update that you can't afford to miss! 💎🔥 00:00 Hey folks, let's dive right into the world of altcoins. You've been hearing me sing praises for Bitcoin lately, but what about the underdogs, the altcoins? 🎤🤔 00:16 Well, guess what? I haven't forgotten them; I've just been analyzing. Let's get to the heart of the matter and talk about what the charts are screaming at us. 📈💡 00:23 We're looking at an 8-hour chart that excludes Bitcoin and Ethereum. Notice this massive channel? It's crucial for the altcoin market, and right now, it's shouting "Resistance!" 🛑🔔 00:49 Yup, we're walking on thin ice. This is the time to hold your horses on altcoins and keep your eyes peeled on those levels - 335 and 319 billion, to be exact. 🎯🛡️ 01:32 Bitcoin remains our "safe haven," especially with Bitcoin dominance skyrocketing. Stick with me, and you'll know why my 80% trading focus is on Bitcoin right now! 🏆🛡️ 02:42 Spotlight on ADA and Ethereum: My positions? Increasing in ADA at 0.268 and shorting Ethereum. It's not about being bullish or bearish; it's about being smart! 🎯👓 04:53 What about LINK? It's all about that channel, baby! We took a long position and scored a phenomenal trade. This channel strategy works like magic! 🌟🚀 06:18 Speaking of magic, let's talk Matic. Major resistance here; don't jump the gun. When the channel says go, we GO! 🚀💥 07:27 Targets? I've got 'em! 1.7, 1.9, and 3.2. Manage your risks and reap the rewards, simple as that. 🎯👑 08:00 XRP? It's in time-out under resistance. But hey, let's keep an eye for that rebound. It could be our golden ticket. 🎫💫 09:11 Bottom Line: The Total Three Chart for Crypto says altcoins are in danger. For now, Bitcoin is my ride or die! 🛡️🏆 09:51 Stick around, engage, and let's keep this conversation going. If you're still with me, you've just leveled up in your trading game! 🎮🌟 One Love, The FXPROFESSOR 💙 full video transcript: 00:00 Hey everyone, time to take a look at altcoins. Professor been extra extra bullish on Bitcoin. Okay, you see not so much on altcoins. 00:10 I posted a lot of Bitcoin, not many else. People ask me, hey, you forgot about phantom. You forget about sandbox. 00:16 You forget about STF CFX, but I didn't forget about anything. It's just I follow the charts. So let's follow the chart. 00:23 That's the total three. It excludes its cryptocurrencies excluding Bitcoin and Ethereum. So what do we have here? That's the eight hour chart. 00:32 And we see a massive channel, okay, which is support on the lower end support resistance in the middle and its resistance on the top. 00:42 So what do we have right here? Let's go to the 15 minute chart. Unfortunately, ladies and gentlemen, my dear friends, we have resistance. 00:49 So we need to be careful because these breakouts, it didn't go higher. So we are running a danger of going a little bit or a little bit more lower. 01:02 So 335 and 319 billion. It's where I want to buy again and of course I will have alerts. Like to all 3 on major support. 01:23 So we need to be careful with altcoins at this very moment. Think about it this way, Bitcoin. For me it's a safe haven. 01:32 That's why I keep saying safe haven. I keep repeating myself a little bit of times but you know maybe this is not the perfect time for riskier assets and cryptocurrencies altcoins and so on. 01:44 This could be time for Bitcoin. So personally I do prefer Bitcoin at this time of stage but who am I? 01:50 Let the chart do the talking. Let's go to Bitcoin dominance. You see how it has exploded and you can see here why from this level over here for this breakout on October 2nd we have been 80% posting about Bitcoin, Bitcoin, Bitcoin because the dominance was expected to rise. 02:09 And it did break out higher. So my expectation is to see the 58%. We are now at 54% and if the price drops lower then it has huge, huge support at 52%. 02:22 So Bitcoin dominance says, Hey buddy, maybe this is not a perfect time for altcoins. This is the time for Bitcoin. 02:32 And we go to 58% or we go even higher at 66%. Okay? Now let's take a look at the major altcoins that would make more sense to, everyone. 02:42 Ada, looking good. Looking good. And I'm looking to increase my position at 0.268. We've been long through here. It's going well. 02:50 Ethereum, 1771. Today we went short my community right under this level over here. So we have a short position hedging our long positions and it's beautiful. 03:00 1.827 is resistance support at 1629 and let's go to SDX no big news here okay major support would be this level over here that's why we have the alert and it will go automatically to our friends and family who follow us up very very similar very close to support but still you see not going higher for 03:29 the time being so one inch let's discuss about one inch that's a 15-minute chart you see it got rejected at the middle of the channel if we go to four hours it will make sense so one hour actually is gonna a lot of you know it's gonna make even more sense so what do we have here we have a channel how 03:51 simple is it to make a channel I mean you know resistance or resistance resistance and the middle of the channel so we are remaining long we have a long position but we want to buy over that level and that's exactly why we have the alert there and when it hits there if it breaks higher we go long for 04:10 the time being we're being aware and we would be looking to follow the price within the channel does this work does it make sense well let's take another example let's look at link for example and let's go to the eight hour chart and look at these guys i mean how more simple this is straight up most 04:32 simple charging the world as the most beautiful channel support support support support three times at the lower end of the channel three times very clear three times very clear resistance up there and then what we have the fake out over here and the minute it goes back into the channel that's the time 04:53 to go long that's the time we did go long and that's how we followed the price and we increased the position over here at this level and we have a phenomenal trade which we have shared the result with you here it's the same chart it's the same deal so the channel works we wait for the price to go on 05:12 the channel and that would be support and we can increase the position that we already took profit from massively or if it dips back under the channel then we're going to go short and we're going to keep the stop loss over the channel so as simple as that I want to show you Matic before I go because 05:29 it's also at a major major major resistance Matic is one of my favorite assets and I've post it a lot of times from 0.20 all the way up to 2.4 and 2.8 so if you have been following me you can check the previous ideas we did very very well with entering now nicely and with exiting nicely so we're looking 05:56 to get back on Matic but we want to see the price get back into the chart. I want to see the price get back into the chart so for the time being we are at the scary situation where, ah, scary, okay, ah, but we are under the channel so we are under what is right now major, major, major resistance. 06:18 So, ah, one can go short, okay, or one can wait. That's what I'm doing in this case. I don't want to go short on magic because it's one of my favorite ones, but what I want to do is I want to have a big ass alert over here that will allow me to go long and buy this break. 06:41 If the price goes back into the channel, magic major entry, we're getting up and buying. That's what I say this breakout in the channel with stop loss 0.64. 06:51 So that would be an entry at 0.66 a stop loss at 0.60. 4. Let's put some number into that. So from there to 0.64 it's around 3%. 07:03 Okay, 3% exactly. But where is the take profit? Well, if you take a look at the take profit, we're looking about a take profit of and always think risk to reward is going to help you a lot to manage risk. 07:17 So we're looking at take profit here at 153% higher or there at 188 or all the way up there to 364. 07:27 So this would be my 3 target. 0.64, the stop loss 1.7, 1.9 and 3.2 and of course there is another level to 1.03. 07:39 So I'm going to add that 1.03 as well as a 4.0. 4th target and that would be a beautiful trade. 07:48 For the time being, don't get too excited. Let's look at XRP as well because a lot of you asked about XRP also under resistance at the time so I cannot buy that. 08:00 I cannot go long. Wait and see if there is a rebound here where the support level because if that happens, then I want to go long there and I want to have my stop loss under there and you know, the beauty of this is that small risk, high reward, but at the same time if the price rebounds a little bit 08:17 like Bitcoin, we get a new entry today and the price did rebound from here, okay, all the way up there. 08:26 So already we move the stop loss out entry and worst case scenario is we're going to hit the stop loss and make no money, lose no money, okay. 08:32 So these levels will give you very high return for lower risk and at the same time it's a highly probable to rebound level so it can give us a very, very flexible. 08:48 Way of trading for the time being this is chart I want you to focus on and that's the total three for crypto so altcoins right now in danger for all the charts that I have just mentioned we're looking to buy much bigger on altcoins and there we'll have a proper bull run if only we can break this level 09:11 and get outside of the channel and have the breakout so for the time being we looked at bitcoin dominance I'll stick with bitcoin as a 80% of my trading and of course I will remain long on bitcoin. 09:27 That's it from me. Hope it makes sense and this time give me some comments discuss with me because this is a kick ass video with a lot of you know, precision charts and a lot of educational hints. 09:41 So those are you that stayed with me until the end of this 10 minute video. You must have learned something and I hope that it does help. 09:51 Take care. Keep in touch.
CRYPTOCAP:TOTAL3Education
by FX_Professor
2