These ALTS can still EXPLODE - ALTSEASON 2.0Missed the rallies? Don't worry! Here's a list of alts that still has BIG UPSIDE Potential!
1) CROUSDT / OKX:CROUSDT
2) LINK / BINANCE:LINKUSDT
LINK is 53% from the FIRST TP point... and still an incredible amount of upside beyond this point:
3) MATIC / BINANCE:MATICUSDT
MATIC is about to retest a very important support zone for the third time, and a triple bottom would be significantly bullish (IF it holds):
4) Fantom / BINANCE:FTMUSDT
FTM seems bearish for the short term, but it's over 400% away from the previous ATH! There great upside potential her is you have some patience. I'd be looking to buy in the yellow zone:
5) Litecoin / BINANCE:LTCUSDT
And last but not least, Litecoin as seen on the front chart. LTC is about to re-enter the accumulation zone, where it normally doesn't stay long - it could consolidate here for some time, but upside is usually the next logical step after Litecoin enters the accumulation zone.
Again, you may need some patience but if you're willing to hold you could score big time on these altcoins!
_______________________________
Altseason
'Inexperienced retail' 'Hodlr' playing with circles top guessJust playing with circles trying to find the alt market's geometrical blueprint and underlying framework it's going along.... From the first time I played around with the charts I became aware of some kinda pattern BTC was following by stacking parallel channels along certain trend lines. In doing this, i realize that there is probably several and more intricate geometrical shapes the overall charts are following. So, with me having no traditional TA experience, my whole approach to looking at the charts is just trying to find the underlying 'macro' geometrical framework that the price appears to be following. In this case, i'm just playing with circles and guessing a possible optimistic shape.... With that being said I could be totally wrong.... But, I'm guessing a July 25th top, then another Top around January 13th .... Just a guess tho, I reserve the right to change my prediction in the future. "The list is fluid" - Stephen A Smith lol
📈Fetch AI can go high to $20 level / Alt Season rally📉BINANCE:FETUSDT
COINBASE:FETUSD
Hello traders.
Fetch AI is my Second suggestion for the altcoin market.
As you can see, the price has broken its long-term pitch-fork structure. As long as the price rally is ongoing outside the pitchfork, the $6.4 and $9 targets are active.🎯
Considering the previous price rally, there is a possibility of a price correction to the middle levels of the pitchfork (dynamic and then static supports).🧨
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
In the following week, I will introduce and complete the list of my suggested altcoins.
I plan to monitor these altcoins weekly.
GameStop(GME) Is Ready for Pump🚀➕250%🚀🔥Today, I want to analyze the GameStop(GME) project for you. After being listed on some exchanges , it has increased its price by more than ➕3,900% in the last three days.
📚What is GameStop(GME)❗️❓
🔸 GameStop(GME) on the Solana network is a meme paying tribute to the 2021 short squeeze of GameStop.
🌊According to the theory of Elliott waves , GameStop(GME) seems to be completing microwave 4 of the main wave 3 .
🔔I expect microwave 4 of the main wave 3 will complete in the 🟢 Support zone 🟢, and the GameStop(GME) will start to increase again (🚀➕250%🚀) .
@TradingView has added new features, one of which is the Volume Candles chart . I suggest you use TradingView's new features .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
GameStop Analyze (GMEUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Notcoin(NOT) Analysis===>>(RR:2.27)Notcoin(NOT) has succeeded in breaking the Downtrend line .
Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
According to the theory of Elliott Waves , Notcoin(NOT) has successfully completed 5 waves .
I expect Notcoin(NOT) to rise to the targets I have outlined in the chart.
Note: An important point you should always remember is capital management and lack of greed.
Notcoin(NOT) Analyze (NOTUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. [/b
CRONOS: THIS ALT can EASILY +100% From Here - CROUSDTCOINBASE:CROUSD
Cronos is an altcoin that I've been bullish on since the beginning for the year, and we've already seen our first two TP Point (Take Profit Points) hit, UP +40%.
The good news is that CRO still has HUGE upside potential, with the next TP +100% from where the price is currently trading in accumulation zone.
In the 4h, we see a clear reversal and turn towards the upside, indicating bullish momentum showing up in the short timeframes. This is as good as it gets buy zone, because we have just finished our correction and successfully retested the 50d Moving Averages in the weekly timeframe:
This could take some time to play out, but patience is your friend!
________________________________
1CATUSDT Scenario to reach $0.01-$0.016 / (Memecoin Basket)GATEIO:1CATUSDT
BYBIT:1CATUSDT.P
Hello Traders
1CAT is one of my suggestions for the altcoin market (Memecoin Basket).
Highly potential for the alt rally season.
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
As the alt-season rally approach, the demand for meme coins will increase continuously.
PEPE : All Time High STILL COMING! Here's WhyBINANCE:PEPEUSDT 🐸
I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far.
Assuming that corrective wave 3 - 4 (current wave) retraces as low as point 1 (BUT NOT LOWER), this put's our formula roughly as follows:
It's important to note that Elliot Wave theory follows strict rules, and it's usually a multi-month playout. This means that there might be many weekly candles before finally turning around to complete the final wave 4 - 5.
For a SHORT TERM analysis on PEPE, see here👇:
____________________________
Is it time for make decent profit on SUSHI?0.8-1 area was beautiful opportunity enter, but don't worry we got another chance right here. Sushi couldn't break 1.1 area in last month. Fortunately we see big bull candle close above 1.1 area and consolidating over it. That is a great sign to go up and lovely to see it. And beautiful H&S pattern forming right now. If you don't want to take risks and wants to take it slow, I suggest you enter in long position after neck breaks.
Bitcoin BTC Updated Bull Run Path I have updated the Bitcoin path by looking at the time frames it took to break through each of the Fibs from the last two bull Runs. I found a command time frame between the two that I have applied to this Bull Run. We are looking at hitting the $193K+ price point now around Nov. 1, 2024. Also looking for an ALT season around Dec 2024. Let's see how things will play out.
Could we get better position to enter?This is my idea of how DOGE will go in near future. I think DOGE is still consolidating like BTC, looks like we might see little pullback to 0.12-0.13 area. That means completing 5 waves of Elliot wave theory. 0.13 might sound awful for those who invested in, but if DOGE ever hit 0.12 area again that means checking that area 3rd time and its gonna be huge confirmation to go up, maybe even higher high. Unless DOGE could close candle above 0.18 in 1D and 1W timeframe it is most likely to go down before the big impulse.
Looks Interesting HereTraders,
Though the alts are waiting on Ethereum for confirmation of further price direction, Storj looks like it's found its support and local low here. It's been in this accumulation phase/channel since April and both the RSI and AO are suggesting is is time to run. Also, after breaking the upside of that huge bullish triangle, we have already gotten the retest out of the way. I don't know where it goes from here but I can imaging doubling would not be out of the question.
Alt Season Is Quickly ApproachingLet’s wrap up by taking a look at our Total3 chart which includes all alts except ETH. This shows a strong bullish bias. We’ve broken to the upside of our triangle, retested the top of our triangle as support, and are now using that strong PoC from our VRVP as support along with our 50 & 100 day SMA. I love to see all of this as it signals good things to come from our alt space ahead.
Total3
I continue to remain long in alts with almost 100% of my total public portfolio. My followers and I are at 11 wins with over 35% profit per trade. Our average trade is 11 days. Though these wins are great, I expect them to be blown out of the waters soon. Don’t miss out. The best is yet to come.
Notcoin(NOT) needs Correction ===>>-30%Notcoin(NOT) is up more than +30% , as I expected in yesterday's post .
According to the theory of Elliot waves , it seems that the main wave 5 has ended, and the confirmation sign of the end of wave 5 can be the breaking of the Uptrend line .
I expect Notcoin(NOT) to correct at least -30% and fall into the support zone .
Note: An important point you should always remember is capital management and lack of greed.
Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NYM 10x On my chart you can see accumulation phase which continues 600+ days. Price is under trendline and forming AMD model . Also I see tripple tap setup and big interes from whales. That project was listed on Coinlist but investors are not in profits yet (0.25$) and today they have unlockes. Price can react downside OR it will the similar situation such as with Aptos in January. My target on chart
Near Protocol: Bullish Breakout or Bearish Signal? Near Protocol: Bullish Breakout or Bearish Signal? A Potential 37% Downturn
Near Protocol (NEAR) has been a beacon of relative stability in the volatile cryptocurrency market of 2024. While other altcoins have plunged, NEAR has managed to hold its ground. However, a recent price movement has some analysts sounding the alarm, suggesting a potential 37% crash on the horizon.
Wedge Pattern and the Analyst's Call
In early May, NEAR formed a technical chart pattern known as a "wedge." This pattern is characterized by price fluctuations confined within a narrowing range, with trendlines converging towards a point. While breakouts from wedges can signal either bullish or bearish continuations, the specific characteristics of NEAR's breakout have a crypto analyst predicting a significant downturn.
The analyst argues that the way NEAR broke out of the wedge is a bearish indicator. They believe the price may experience a period of consolidation around its current level ($7.30 as of May 31, 2024) before an "impulsive" downward movement. This movement could initially see the price drop by 8% to $6.78, followed by further declines to $6.00 and a potential bottom around $4.60. If this scenario plays out, NEAR would experience a total decline of 37%.
Metrics Supporting the Downturn Theory
The analyst's prediction finds some support in recent developments surrounding NEAR's market metrics. After a strong start to 2024, NEAR has seen a decline in price over the past month. This price drop coincides with a notable decrease in daily trading volume, suggesting a potential weakening of investor interest.
While NEAR has outperformed many other altcoins, the overall bearish sentiment in the cryptocurrency market could also play a role in its future price movement. A broader market downturn could drag NEAR down even if its project fundamentals remain strong.
Understanding Wedge Patterns and Analyst Predictions
It's important to remember that technical analysis, including wedge patterns, is not an exact science. Past performance is not always indicative of future results. While the analyst's prediction offers a bearish perspective, it's just one voice in a crowded space.
Here are some additional factors to consider:
• Positive News and Developments: News about partnerships, project developments, or upcoming upgrades could trigger renewed investor interest and push the price upwards.
• Market Sentiment Shift: A broader shift in market sentiment towards optimism could buoy NEAR's price regardless of the technical indicators.
• Unforeseen Events: Unexpected events, both positive and negative, can significantly impact the cryptocurrency market.
Investor Takeaway: Research and Diversification
The potential for a 37% decline in NEAR price should be a wake-up call for investors. It underscores the inherent volatility of the cryptocurrency market. Investors should thoroughly research NEAR's project fundamentals, roadmap, and broader market outlook before making any investment decisions.
Diversification is also crucial. Spreading investments across various cryptocurrencies and asset classes can help mitigate risk.
Conclusion
Near Protocol's recent breakout from a wedge pattern has sparked debate among analysts. While some see a potential 37% crash on the horizon, others remain cautiously optimistic. Ultimately, the future price movement of NEAR will depend on a combination of technical factors, project developments, and broader market sentiment. Investors should carefully consider all available information before entering or exiting any NEAR positions.
Notcoin(NOT) is Ready for another PUMP===>>+30%+40%Notcoin(NOT) has increased by more than +120% in the last five days. One of the main reasons for this increase is that the Notcoin(NOT) team announced its new AirDrop and new ways for game users to earn money, which led to investors' interest in the token once again. In terms of technical analysis , with the help of the Rounding Bottom Pattern .
According to Elliott's wave theory , Notcoin(NOT) seems to have completed wave 3 and is currently completing wave 4 . If the one-hour candle closes above $0.009136 , we can confirm the end of wave 4 .
I expect Notcoin(NOT) to rise to the Potential Reversal Zone(PRZ) after wave 4 is completed.
Note: An important point you should always remember is capital management and lack of greed.
Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Polkadot to 31.Polkadot made a higher high in March, since then Dot went down by 41% and still consolidating. 41% may sound awful but it is a great opportunity to invest or do futures trading. 5.5-6 would be a very comfortable area to consider investing or trade. As you can see Fibonacci 0.5 and 0.618 are perfectly lined with crucial zones. I will be taking profits at those green lines. For Spot trading I suggest HODL a little longer till Dot makes a higher high. Hope you can understand and sorry about my English.
Let's hope ETHEREUM DOES NOT do THIS 😨BINANCE:ETHUSDT
Ethereum is looking bullish after a strong bounce and a successful retest of the support zone at 2800.
According to all Fibonacci logic, we SHOULD be hitting the 1.618 zone SOON. But we're not out of the woods just yet. There's a risk of a very bearish pattern forming IF we cannot close the daily ABOVE our previous resistance zone. This would form a nasty M-Pattern that could takes us back to 2800 and even lower.
Technical indicators are extremely bullish right now, but this does not guarantee that sellers aren't waiting for us around the corner at 4000.
Naturally, we can expect ETH to keep on following BTC closely over the next week. If Bitcoin makes another leg up, Ethereum will soon follow a day or two later.
_______________________________