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Altseason2021

July 2021 Update: When Next Alt Season?This is an update on my previous idea. An ascending wedge is playing out which typically breaks above the upper line of resistance to reach the 1.23 Fibonacci level at the very least. If this happens, it would honor both classical TA, as well as past chart patterns on BTC.D. RSI should also hit 70 like it has done several times in the past. This seems to be the most reasonable plan. The only change is this: I am willing to consider a scenario where there is a case to start scaling into alts as the dominance hits the 20 week MA (about 49%-50%). IF (this is a big if) these things happen: 1. ETH and major DeFi show reversal patterns on the 12h charts AND 2. BTC continues to be neutral to bullish. If either one of this stops being true, I will wait for the ascending triangle to play out before scaling in. And yes: SCALE IN. don’t buy your bags all at once. Its Ok buying little by little on the way up or down, provided you sell at your intended targets unemotionally. Here is a bonus rant following some of the comments in my previous idea: PLEASE for the love of god DYOR before putting your money in shitcoins. Alts DO NOT perform well when BTC is bearish. Yes you can shill me Link or XTZ and show me charts of how well some coins performed during the wider bear market but those are the exceptions and NOT the norm. There are too many coins and picking winners is difficult. Its much easier to buy alts before an alt season where you do not need to be picky. Buy anything that you like. Even if you miss the 10xes you will still 2-3x on your coin that you think isn’t pumping to your liking. The wise thing to do in that case is to book profits and sit back. This is trivial to people who have been in this space for a long time. Even if you are new, the May crash should have made things very clear. The drastic changes in sentiment and price action WILL REPEAT like it always has. Learn this early and you will survive downturns. Most people who stick around do so not because they made a shit ton of money. They stick around because they SURVIVED.
CRYPTOCAP:BTC.DLong
by brotoshee
4
ALT SEASON still in progressHello all after quite long time of choppy mess in the market. This is not financial idea i am posting this just for educational purposes. Always do your own research. What we can see here is altcoins dominance ratio. If increasing, alts are going up. On this chart - monthly - there is a retest of very strong resistance which flipped in to support... once this support is confirmed by touch of current monthly candle - we can continue much higher for the real alt season. This level MUST hold. This chart means very nice clue what we can expect from the market. As there is a summer market can be lazy a bit but as u already know... anything can happen in crypto world. Most of alts in BTC pairs are setting up for huge moves upside. BTC is going sideways and i dont think it can go lower because it took already a long time.... which is more like re-accumulation part. Let's see what whales have prepared for us. Stay safe, stay happy and if you need any help about trades, market, whatever....i am here. Cheers!
CRYPTOCAP:OTHERS.DLong
by SvarogPerun
6
BTC D -- BIG Drop ? History Ryhms ? BTC looks set to drop like it did in July 2017 (see left circled area) vs (current circled area.) -- both bear flags. The MacD in 2017 did a loop down and then met in the middle, then did another loop down --- current setup on the line looks similar. The RSI is at the same height it was in 2017 when it did the same thing. Last time it came up a bit from the bottom before the line also. I think there is a very strong chance we are going to see BTC take another leg down somewhere around the white line on the chart at maybe 24%
CRYPTOCAP:BTC.D
by CatShark
5
Do NOT Sleep On This ALT Market MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space. ALT Coins are Setting up for a HUGE bounce and we in CryptoCheck intend to make lifechanging money ------------------------------------------------------------------------------------------------------------------------------------------------------------ If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below ------------------------------------------------------------------------------------------------------------------------------------------------------------
BINANCE:AAVEUSDLong
by MartyBoots
6
This July ZEC will see a bigger move! Here's a quick look at ZEC 4 hr chart. As we can see, the price has printed a bigger descending triangle and we should see a bigger move this July. Here's a setup that shows you how to trade it. The best entry would be, when the price breaks above the triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart. Targets: 1. 154$ 2. 167$ 3. 184$ - Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2
Big move coming for MATIC soon!Here's a quick look at MATIC 6 hr chart. As we can see, the price has printed a bigger triangle and is very close to a breakout. We should see a bigger move within the next 4-5 days. The best entry would be, when the price breaks above the triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart. Targets: 1. 1.53$ 2. 1.72$ 3. 1.89$ 4. 2.09$ - Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
M
by MBM_Crypto
9
Huge Buying Opportunity SOONSorry for the mess friends. I have been watching this run up the whole time as its been forming and the continued price action has only confirmed what I've thought the whole time. IF I'm correct and we finish wave ii (circled) with an expanding flat formation, following a leading diagonal...BIG IMPLICATIONS. I'm hanging my hat on the belief that the big green box is a leading diagonal, meaning we will be entering a wave 3 of a 3 of a 3. That's the same wave that took BTC to 20k for the first time. If we break down below the $0.20 to $0.22 range, I'd say this count is invalid. If we hold it though, we're likely going to do 100x(+) long term from here. (Not financial advise. Just what I see)
XLong
by MonetaryRebel
10
[UPDATE ALT COIN MARKET] ALTS WOW! Are you seeing what I see? In this video, I'm analyzing the altcoin market by dividing the market cap by the M2 money supply. I also focus on the type of growth we had, the RSI and the timeframe of the cycle. As you can see: - M2 shows that we had a great re-test of the previous 2018 all-time high - More sustainable growth and not a blow-off top vertical log growth like in 2018 - 2021 RSI showed a bearish divergence which usually anticipates a correction and not the end of a cycle. 2018 RSI showed a completely different situation. - The previous bull market lasted more than 1 year while the current one less then 7 months Bonus: we did not break the all-time high of the BTC dominance yet (look at my related idea)
CRYPTOCAP:TOTAL2Long
by Homocryptus
1
SHIB will break out soonHere's a quick look at SHIB 4 hr chart. As we can see the price is in a falling channel and close to a breakout. The best entry would be, when the price breaks above the level shown in the chart with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart. Targets: 1. 0.0000094$ 2. 0.000012$ 3. 0.000014$ - Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2
DOGE will see a very big move soon!!Here's a quick look at DOGE 4 hr chart. As we can see, the price has been forming a bigger falling wedge and the very close to a breakout. Elon will probably pump this to 1$ soon! Keep an eye on this setup! The best entry would be, when the price breaks above the falling wedge with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart. Targets: 1. 0.284$ 2. 0.427$ 3. 0.51$ - Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
1
BNB is still very cheap! Here's a quick look at BNB 4 hr chart. As we can see, the price has been forming a bigger triangle and we should see a breakout soon. The best entry would be, when the price breaks above the triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart. Targets: 1. 364$ 2. 400$ 3. 432$ - Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
MATIC Will explode when it breaks out! Here's a quick look at MATIC 4 hr chart. As we can see, Matic has been forming a bigger triangle and when it breaks out from it, we will probably see new ATH! The best entry would be, when the price breaks above the triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart. Targets: 1. 1.89$ 2. 2$ 3. 2.18$ - Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
MLong
by MBM_Crypto
5
BIG Reversal COMING!? Triple Bottom Reversal imminent!!! Here's a quick update on BTC 4 hr chart. As we can see the price has dropped a lot the past few days and it seems like 31k is a very strong support with bunch of buy order stacked at that zone. It is very possible that we see a much bigger triple bottom reversal very soon. The case is as shown in the chart about the triple bottom reversal - the target for this triple bottom reversal is all the way at 50k!! It seems like 30k was the bottom! Tho if we break 30k then expect 18k. Also a point to note is that the RSI is in a zone where it tends bounce every time it gets there. We are looking for a big reversal soon! And keep in mind that S&P 500 hit new ATH few days ago. And BTC has been very correlated to S&P. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
15