Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. As we can see in the chart total market cap makes this descending channel pattern...
next possible resistance. clear outbreak and trend to keep going higher for now.
Hello Dear Traders, In chart u can see tht money is flowing again in alt coins, After Accumulation at 800billion finally we can see rise in alts market cap. Invest in only Top 100 Altcoins and sell once u see alts market cap reaching Target 1: 1.02 Trillion Target 2: 1.150 Trillion
Hello Dear Traders, In last Post i disscussd about btc trading in falling channel. Now we will discuss what's cooking in ALTS MARKETCAP, In chart u can see when alts mcap tested 880B Mark immediately we seen sell off in alts. on daily timeframe big red candle formed and after tht quickly alts regained bullish momentum. BTC dominance Tested 55%, Dominance below...
BTC and Alts were in corrective phase and soon, I am expecting Altcoin Market Cap to bounce from that trend line, my target is between 700-800 billion dollars, maybe even 900.
Fingers are crossed that we have started that word I don't want to say & jinx my bags.
We are watching the Bitcoin dominance chart. There is every reason to believe that the altcoin season will terminate this year. Highlighted features: 1) Chart large spikes indicate high volatility and market uncertainty 2) Around 60% support level is reached, the rebound has already started 3) Since 2017 the price channel's bottom has been reached as well as...
Alts season? probably not.. But one day yes. When you ask? Well 2022 maybe
After reaching a double top on both the price and the RSI on the monthly chart, the Bitcoin Dominance has declined sharply. This resulted in BTCD falling out of a rising wedge or descending channel, whichever way you want to look at it. Following this move, we are breaking the first monthly support at around 63.6. The next 2 monthly supports are at 58 and 51.5%....
AS promised, here is the inverted version of the chart. See original idea at the link below. Happy Trading!
I hope you are ready for what is about to come everyone. This is probably one of the clearest paint of what is to come in the near couple of months. I am not going to write an extensive review as the chart is clear as a day. My position based on what I am seen is that is time to start calling in. $BTC is bound to rally in the months to come an take the whole...
The altcoin market seems to have bottomed out. Looking at basic support and resistance on the monthly, we see that we bounced off the strongest support in the altcoin market of 54 billion USD, which had touches of 8 monthly candles (opens, closes and wicks). In addition to this, January is showing us a monthly bullish engulfing candle so far. The last time the...
BTC price been squeezing for sometime and i think we resolve out of this range pretty soon My target for long and short entry are on chart .... I think of btc breaks 6300-6100 its going to bleed for the next 1-2 years If we break 7700-8000 ... then very high chance we test 9500 level going into mid year halving event ...
When you look at the chart, you can clearly say that every time when xrp brakes above the senkouspanB line (Which is the red border of Ichimoku Cloud) it moves faster than a rocket. Also when it goes below that line things are getting bad. Last time xrp went below that line it was Jan 2019 and now xrp is above that line again :) That means, after 10 months...
History repeats itself only any altcoin is a simple math question who has more units changes the price to very up when he wants to sell and can change to down when he wants to buy and reload In either mode, he always has to have more than 70% of the existing coins, ie mathematical logic to win the game every time. He himself pushes everyone into the hell and...