Altseason2020
MANABTC: Public Launch and Likely PumpBought a little, first target 790 satoshi. Stop is wide but I'm watching the trade closely.
Decentraland, the first ever blockchain-based virtual world, is going live to the public, on 20.02.2020. So, this news can be a catalyst for further growth or protection from falling. 'Buy the rumor'
Information is just for educational purposes, never financial advice. Always do your own research.
XTZUSDT: Looking for an Entry Point for Tezos Bitcoin continues to print large green candles, recovering quickly against corrections - we're in a real bull market guys.
Another sign of this is altcoins, which began to rapidly recover after months of losses; first of all exchange tokens ( HUOBI:HTUSDT , BINANCE:BNBUSDT ). But better not to chase pumps but find new ones, therefore It's finally time to start to sizing up different altcoins.
Tezos ( BINANCE:XTZUSDT ) looks like a beast - it crushing one resistance after another. Volume is outstanding as well.
I don’t have any idea how long this will continue, but it looks parabolic already.
Thus, assuming bitcoin bullishness I would like to have a position in it, but I don't like to buy at resistance, so I think if we get a pullback I would buy at
> $2.65 - $2.5
Information is just for educational purposes, never financial advice. Always do your own research.
Binance coin ( $BNB 1W) funds are SAFU ?As the days go by more and more alts are pumping so people are rushing to Binance again and again they are pumping #BNB price. Good times may follow.
BNB was hot in 2019 and thereafter a correction enters a new round of pumping.
The 100-week EMA provided support and now the price has closed above the 20-week EMA.
The divergence was clear both on RSI and Stochastic meaning an entry of large buyer in the coin.
Now that a “double bottom” pattern is in completion; we can expect the beginning of a new uptrend.
The only thing missing is a pick-up in volume.
On the daily timeframe the coin is trading above the 200-day EMA and above the pivotal point of the larger timeframe pattern (24812 sat). If he remains there, then it is a great add to a diversified portfolio in my opinion.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on twitter: @Djio_
Disclaimer : This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
Waves ( $WAVES 1D) the tide is swirling I’m not very familiar with this coin and his fundamentals so I will keep it technical.
The price is now venturing above the last swing high.
Both Stochastic and RSI are indicating an upward momentum.
The price is now testing the 200-day EMA. If it breaks, the respiration can be felt till the last known resistance line (2.049$).
After a tight consolidation, volumes are once again increasing which is bullish.
If we remain above the new support ( 1.055$) I remain bullish.
Enjoy alt season while it last, but in the long run this huge down wick is a problem and may indicate further downside in the future.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on twitter: @Djio_
Disclaimer : This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
Ontology ( $ONT 1D) the change we are waiting forThe cryptocurrency market while volatile is also very well calibrated.
Some of you may be thinking of a possible new “alt season” coming. ONT seems to not have been left out buy the buyers and I envision an increase in price VS BTC in the future.
The tide lifts all the boats. Some things may signal the beginning of a new uptrend.
- The breakout of the trendline
- The flattening of the daily EMAs
- The coin did not make a new low (698 sat support)
- The spike in volume
- Staying in a range
- Bullish divergence can be noted on the daily RSI.
In my opinion the coin can be add to a diverse portfolio if it can complete a “double bottom” on a weekly timeframe (close above 1189) . It is still too early to tell.
Patience is key. As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on twitter: @Djio_
Disclaimer : This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
BULLISH ON ELECTRONEUM:Electroneum has bottomed out on KuCoin at 39 satoshis. KuCoin's charts are not available on TradingView for some reason. But this is a Huobi chart. Falling wedge and Stochastic are oversold on KuCoin with a STRONG support in this area. Bollinger bands are TIGHT on the weekly time frame as well. I am pretty sure we will see 50+ satoshis by the end of the next week and maybe 60+ satoshis before March.
This ALT hasn't pumped and has delivered everything they set themselves to thus far. PAAAAAMP EEEEET.
NPXSUSDT: PundiX Bloom or DoomAltcoin market starting to looks good and it means that it’s worth looking at outsiders who have not grown 3-4 times yet, but looks promising.
Despite of working products and consistent monthly reports NPXS price was a complete disaster for a last year.
But now NPXSUSDT chart (with USDT pair at least) stated to look more promising. Making a modest 40% from the bottom Pundix trying to storm $0.00020 zone of strong resistance a couple of days in row.
I'm keeping an eye on this one and if this will be able to crush resistance I definitely a buyer.
From the other hand don't forget that NPXSBTC chart looks much worse (like a bearish retest).
Information is just for educational purposes, never financial advice. Always do your own research. Such thanks.
The Start Of A New Market Cycle? Short term target is up to 200B Total2.
If this idea pans out as true we will see the total market cap excluding Bitcoin up to 1 Trillion dollars towards the end of 2023.
If Bitcoin dominance falls as laid out in my last chart, the ALT season is just getting started.
Dont forget to check out my BNB/BTC Chart below ;)
Good luck and safe trading.
DOGEBTC: DOGE Starts To Gain MomentumDogecoin, altcoin market indicator, seems to get out of hibernation and has already overcome the mark of 30 satoshi and many people already declared altseason 2020.
But I think, even if we rely on the readings of this indicator, it's still too early to talk about the beginning of any altseason until this coin didn't make at least 100%, not 20%.
It easily can be a fakeout like one of these in July / October 2019.
Information is just for educational purposes, never financial advice. Always do your own research. Such thanks.
ALT Season returning?!My observations on the crypto market over the last almost 12 months:
1. BTC’s increase in PA (price action) and dominance increasing, meaning BTC PA was outpacing alts on pushes and alts were bleeding a little less on BTC pullbacks.
2. BTC dominance increasing even on pull backs, meaning BTC PA was still outpacing alts on pushes but was now bleeding much less than ALTs on pullbacks.
3. Same as phase 1 where BTC pullbacks caused slightly less drops on alts.
4. This is the phase we are currently in where BTC dominance is dropping even when BTC PA is positive, meaning ALTS are outpacing BTC when BTC makes big moves to the upside.
I'm predicting that this last phase will continue until the later part of this year. However, I'm not expecting BTC dominance to drop significantly over that time (maybe to around 50-60%. Once BTC gets within a few months of its peak during the next bull cycle (sometime between June-December 2021). I'm expecting BTC dominance to start dropping to around 35-45%.
ADABTC: Cardano Breaking a Massive RangeNot sure that it's a good idea to buy something (especially altcoins) at resistance but ADA got my attention.
Ada is only gaining momentum after breakout the nearly six-month range and with good buying volume is heading to the strong resistance at ~650 zone (daily TF).
And I think ADA has a lot of chances to do that especially because of the hard fork in mid-February and also we should't forget about the high involvement of users in the test stacking event.
If it will be able to claim 650 level and close above it I'm targeting:
- 700 satoshis (scalp trade)
- 900 satoshis (swing trade)
Invalidation at ~580 sat.
Crypto total market cap exclude BTC breakout ! ALT SEASON 2020Hello everyone,
Crypto Total market Cap Exclude BTC broke two important resistances but
it stopped at MA100 on Weekly chart. Lets see if it can break it up.
If yes it can trigger massive altcoin run similliar to 2017/2018
Check more informations here:
Feel free to leave a comment below the chart or ask if you are in doubts.
Cheers.
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
29b$ since my idea!(the reason i shared BTCUSD chart is that people look at these idea rather than TOTAL2 or BTC.D, sorry for that!)
in my idea :
i pointed out a time resistance that may be mark the beginning of trend reversal. these time resistances proofed to be right if you put them in a right way.
ok now alts are booming and it's sitting at 87b$ and up almost 29b$ (Wow!!) from where i pointed out a reversal.
people just dont pay attention i called the bottom on bitcoin in this analysis:
i predicted the bottom with 100$ tolerance. i said it would be in 3320$ but it bottomed at 3215$. so far so good, people should see these things. i'm helping you people with nothing in return!
ok go back to analysis:
as you can see here in this picture :
we are almost above 38.2% fib level since last top to last bottom it is a positive sign. is think it means we are headed to test 61.8% which is a psychological and even number, 100B $ it would be the first stop for altcoins(i think).
looking at BTC.D :
it seems we are breaking down at bitcoin dominance.
so what now?
in a simple word if bitcoin dominance continues to dump and if TOTAL2 continues to rise i think buying altcoin even at this point would be a good idea to look at alt market i would like to look at majors and take a look at bitcoin comparative charts.
here we have ETHBTC chart:
ETHBTC still bearish as it is below 0.02309902 so above that level it is reasonable to change bitcoin to ethereum. but i thing the bottom is in for ETH and we will see price appretiation.
in this chart :
XRP need to break 3770 satoshi level to be bullish on so wait for that to happen even if you trade USD pair. i think btc pair is important to be bullish.
Litecoin:
TRON ( $TRX 1W) rise but nobody care anymoreOne thing is certain, TRON like to take his time. But Alt season it is and when the sentiment is bullish our friend TRX is sure to follow.
I wait for a new uptrend to develop, meaning Higher Highs and Higher Lows on both weekly then monthly timeframe.
Sign of an upward momentum are showing
The weekly stochastic is pointing up and the RSI just print a inverse H&S.
Even though all and all is bullish I will only consider a buy after a close above the last resistance (229 sat)
Of course, remaining above the weekly low (210 sat) is important too.
The trading volumes has been on the decline since MAY 2018 meaning that the sellers are near exhaustion and the buyers can / will likely return.
I can already tell you that something is different...
304 sat has provide great support by the past and now will probably act as resistance now. Considering a first TP there would be wise.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on twitter: @Djio_
Disclaimer : This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
Matic Network ( $MATIC 1W) it’s not automaticThe DOW theory state that an asset cannot be into trend at the same time.
It is either an uptrend or a downtrend with counter trending moves in between.
Even with his massive volatility, the coin is consistently printing higher highs on a weekly timeframe.
Now that it is traded above the 20-week EMA and with a Stochastic recently crossing up. I think it can be a great buy.
But because of the speculative nature of cryptocurrencies and the unknown surrounding the duration of the current “Alt season” I would not hold the coin very long. Take profit at the last weekly wick (283 sat).
On a daily timeframe, we can see the start of a reversal but nothing is confirm yet.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on twitter: @Djio_
Disclaimer : This is not financial advice as I’m not a financial adviser. This is just my knowledge on what can be said from the chart. Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis. Everyone is wise to manage their own risk properly when considering any trading decision or activities.
Civic (CVC 1D) Reporting for dutyHi, lets take a bite at CIVIC today.
The pattern is clear: inverse H&S
Volume are rising along the price which is a good sign.
The RSI and the Stochastic are rising indicating of an upward momentum.
The coin has made one test of the 100-day EMA (green one).
If a close above the neckline of the pattern, we can expect a quick move to my first TP point (373 sat).
My SL is below the tip of the right shoulder. (237 sat) If the price goes that low the pattern will be invalidated, and the trade closed.
Disclaimer: This is not financial advice as I’m not a financial adviser. This is just my knowledge on what can be said one the chart actually.
Everyone is wise to manage their own risk properly when considering any trading decision or activities.