LINKUSD: Breakout from a range?Linkmarines were finally able to break through the defense at $4 and pushing higher. My congratulations to everyone who catches a wick or been able to sit through this range. Let's hope it's not just another one fakeout.
My LINK algo in position from $3.79
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Altseason2020
DOGE - Altcoin market state indicator Ultimate crypto indicator is kinda broken, it's in ranging phase from 9th of September. Slightly declining after bitcoin halving but not nuked.If we look at the chart usually at the past DOGEBTC slow dumping or suddenly pumped hard, but not ranging.
Perhaps below 20 sat is a good buy if to consider that it will pump hard.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Misconceptions about Alt season - ReadI have been watching the altcoin market (total2) and total market for quite some time now and believe it is Alt season when total2's % value is greater than total
This is a good time to be buying up alts in the short term
Total2's % value being greater than total is often the case you will find if you watch it for some time too, hence why i call it the wild little brother.
I see people many calling Alt season (myself included in the past) when more often than not the market is in an alt coin favored state
Just my current thoughts on alt season. Market has been performing well.
Alt Season Coming Soon?? THETA Potential & BTC FORECASTTO HAVE AN IDEA OF WHAT ALTCOINS like Theta will do, we have to understand what future possible actions BTC can take:
Now as we watch and see what BTC BITCOIN waits to do, it is currently ranging in the 8500 - 9200 region, with no clear directive.
I propose a likely impending fall of BTC towards the @ 7700 region of support (and also 0.618 fib level) shall the nearest region of support @ 8500 be broken, and maybe a short temporary pump to the 9000 - 9200s region of resistance as the bulls exhaust their final breath.
Historically, we often see an Alt coin pump as BTC makes its retracements, as traders pull out of long positions in BTC and securing profits from the previous dips. My forecast for THETA can be seen from the chart above. An overlap of the THETA Main net 2.0 launch with BTC retracement would possibly drive more BUYING PRESSURE into THETA for an upside pump.
AS ALWAYS, TRADE CAREFULLY AND FEEL FREE TO LIKE AND FOLLOW TO SUPPORT MY PAGE IF YOU LIKE WHAT YOU SEE = )
Regards,
GOL D ROGER
MATIC/BTC | TREND LINE BREAKOUT | WAITING CONFIRMATIONAs per previous pattern. looks like there will be small correction with MATIC/BTC.
Risk & Reward quite high based on the pattern.
MANABTC: Swing longIf you don't believe bitcoin will plummet to 6200 - MANABTC has a good chance to earn some cash.
R:R for me looks good, growth potential is decent. Invalidation if we lost 5% on this trade, in this case, the fall should continue to 280 satoshi and below.
Hit the "LIKE" button or sign up with my ref links below to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
LINK/BTC weekly. Not often you get a chance to hop on a parabolaOf course anything can happen, but Chainlink is putting in a damn good effort of building up a parabola. Once it's obvious that bitcoin is in a bull market, I think it's a very good chance that LINK (among some others) sees a classical parabobla. I'll be trying to hop on any pullback. If it does moon, I'll trim some as it keeps pushing to new nosebleed levels. When the parabola breaks I'll be fully out. I don't know of any better way to play a parabola.
LINKUSD: Trying to pass $3.4 resistanceLINK respects the range well, bounced from $3 as expected and test $3.4 one more time, but without success. And it make sense to expect it to test the range bottom at $3.
I'm here more bearish (only short term) than bullish. But if BTC will break $7000 Link definitely will follow.
Hit the "LIKE" button or sign up with my ref links below to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
SOLANA - "ETHEREUM KILLER"Binance has just added SOLANA (SOL) .
Share your thought in the comments below and let's see how far it can go.
BTC Dominance (Y20.P1.E2).Micro.BearishHi All,
With recent ALT performance, one should see what's happening in GENERAL TERMS.
Observation:
Based on massive wedge, and what other Alts have been doing, it supports the thesis the the coming weeks and months, BTC will rise slower than the alts.
The exception to this will be a massive quick drop that can happen any time.
In the coming week, I don't see much change now to this pattern.
Cheers,
S.Sari
The Bitcoin Dominance Rate Keeps FallingPlease leave a LIKE in order to support my work.
The weekly chart reveals that the price has broken down from a long-term ascending support line and validated it as resistance afterwards. This view is also strengthened by the fact that the rate was rejected by the 200-week MA thrice prior to the price breaking down. The final time, it created a shooting star weekly candlestick, which often indicates a trend reversal. So far, it has created three consecutive lower highs.
The most important support level is at 62.5%, which mark the wick low of Feb 10-17. If the rate decreases below it, it could fall all the way to 52.5%, levels not seen since April 2019.
Previously, the rate traded inside this range from September 2018 to April 2019, a period which was very profitable for altcoins. If the price falls within this range once more, it is possible that it would have a similar effect.
Altcoin market + XRPUSD - let's have a quick lookHello all,
We are seeing really nice progress not only from Bitcoin but also from the major alts. Looking at the total market capitalization (excluding BTC) it currently stands at $74.6 or 18 percent up on weekly basis (btw the total market cap including BTC surpassed the psychological level of $200 billion yesterday, which is a very bullish sign in the midterm).
As you can see on the chart representing the consolidated value of the Top 10 major altcoins excluding BTC and USDT, we are very close to reaching our goal of $730, which was a major resistance line in the last few months.
XRPUSD
After 6 consecutive green sessions on the daily chart, the XRPUSD pair made a small correction to $0.179 on Sunday, April 5 and closed the week with a 10.4 percent increase. It started the new trading period on Monday by adding yet another close to 10 percent in a single-session, following the great example set by BTC.
As of the time of writing this the coin is trading at $0.20. A close above this psychological level on the 1d timeframe will set the ground for an attack of $0.23, which is the next major resistance in our way.
The general downtrend, though, will be fully invalidated once we surmount the last reached high at $0.337.
24h- trading volumes started to go up from $1.6 billion on Monday morning and reached $2.6 billion by the time of posting this update, which is okay as long as we don't find ourselves in another trap set by big stakes. I would like to see volumes that remain high throughout the whole week and not just go up sporadically.
Today, we need to pay attention to the $0.20-$0.215 area where a potential pullback might be triggered
BTC.D - bearish scenarioBTC dominance is respecting daily MAs (50, 100, 200). Every time we broke below the MA50 with force, like yesterday, bearish scenario occured. Alts started to gain pace. Will it be the same? Well, it broke the MA50, touched it again and got rejected. Take a look at the white line above. That is the upper line of a channel BTC.D is respecting. I expect a steep decline in BTC.D. Perhaps not right now but somewhere in the future.
Load up those alt bags of yours and good luck.