Altseason2021
We're a little early to the end gameOBV & RSI peaked at the blow off tops of 2017 and 2013 alike. Not here in 2021... RSI is cooling off, BTC has been chilling, and we got some time to kill.
Below is 2019s bull trap. Look at how similar the data is. That's because we're early. 2019 was early. May 2021 is still early. We've got nothing but time until the end game. For now, it's alt season.
here is 2017s blow off top // notice how every datapoint peaks at roughly the same spot
2013s blow off top
2013s 'little too early' blow off top
$BTC/USDTIf we we're able to break this triangle pattern, the market could recover from it's dump.
If $51,000 breaks, we could predict for another leg up for bitcoin and in some other alts.
Alts market cap is still looking good, btc.d is below 53.
Hoping that bull market cycle isn't finish yet.
But please, always put stop loss from every trade.
Trading alts now is very risky at the moment.
I would suggest, wait for the retest of 51k if it breaks before longing any alts and btc.
If we failed to break that resistance, we might go to 40-43k level.
alts would be bloody, make sure to have an exit plan before it happens.
Trade with a plan, and plan your trade.
Trade responsibly
Bigger move to come from LTC! Here's a quick look at LTC 2 hr chart. As we can see, the price has been oscillating in a bigger falling wedge for some time now, and we will soon see a breakout. The volume also low which indicates a bigger move to come. Keep an eye on LTC!
The idea is: Buy the breakout from the falling wedge and Take profits at the levels shown in the chart.
Targets:
1. 260$
2. 289$
3. 334$
Note: Profits can also be taken in the resistance zone.
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Matic surges 20% - looks to be on a moon missionMatic is breaking out of its previous high in the .45 area, I’m looking for a run above then retest this .45 area in the next hours and minutes. Matic has a lot going for it do your DD and get it on the watchlist ASAP
BTC Possible moves Case 1 : BTC is yet to hit the top and will find support at 48k region and bounce back and will go as high as 80k (maybe a little more) and will crash about 40-50% possibly around 40k region and will retrace back to about 65k and will enter bear market
Case 2 : BTC top has been hit and will correct to about to 35k but if it fails then we're heading about 28k where it will bounce and retrace back to higher levels and will enter bear market (years of pain)
#some alts will finish in the btc rally to the top if case 1 is followed EX : LTC,Dash.BCH,BCH-SV (Based on historical data of 2013 and 2017 bull runs)
#most alts will explode during retracement rallies in both cases
IS THE CRYPTO BULL MARKET OVER ? (2)Bitcoin SV is looking everything else than bearish !
It has broken out of the bullish ascending wedge (which is bullish).
The recent knock down has driven price back into the wedge.
However the lower support has provided for a very strong bounce !
For me this is bullish behavior and I remain positive for BSV !!
IS THE CRYPTO BULL MARKET OVER ? (1)Digibyte is an example of a strong coin in this space, especially lately.
Price has been forming a bullish ascending wedge during the last weeks.
It wanted to break out to the upside by two occasions (this is a bullish sign).
The recent strong pullback drove price back into the wedge to backtest the lower support level.
PRICE HAS NOT BROKEN DOWN. EVERYTHING IS INTACT. NO NEED TO WORRY !! ... at least for now !!
BULLISH !!!
This thing could be about to blow up and this was just a shake out !!!
Alt season is here! Is Still too late to get in? Looking at the YTD chart of top 10 alts, I found out that all of them have outperformed bitcoin.
Eth, Binance, Dot, Ada are providing the blockchain entrepreneurial infrastructure for projects to create Dapps (Decentralized applications) and DAO's (Decentralized autonomous organizations), allowing new decentralized solutions as DeFi, and NFT’s.
Fundamentally backed by blockchain technology, a new era of startups promises to disrupt and take market share in many industries, will it achieve it? We don't know, but right now the hype cycle has kicked in and the risk of missing out (ROMO) is higher than investing in crypto. So you’re still not late to buy some alts. This might be one of the biggest alt seasons of all times.
VET About to explode! Here's a quick look at VET 1 hr chart. As we can see, the price is very close to a breakout from the triangle. If we break the triangle the price will probably run up to Previous ATH. And if the previous ATH breaks then it is very likely that we see a 0.35$ VET! Keep an eye on this one!
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. 0.28$
2. 0.348$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Solana is must have coin in your portfolio!Another moon coin SOL 🔔❗️
Once BTC recovers, Solana I`m sure will take off. It has big demand, volume, 13,21ema as a support on daily, long supertrend and decent FA.
Entry: withing this dip 28-33 ✳️
Targets: 35.64 - 48 - 60 (mid term) 🏌️
P.S.
It is my personal opinion. I am not financial adviser. DYOR.
Have a nice day!!!
If you like my reviews and it help you to understand the current market situation, subscribe to the channel, like and follow the updates of ideas that are not trade recommendations.
Thanks to your likes, I understand how many people rated my review positively. Thank you very much and thank the sympathetic commentators for understanding. I spend my personal time monitoring the market situation and share my opinion with you openly. I ask you to take this point into account and treats with understanding.
Bittorent in accumulation - LONGLong accumulation is running now. Is good choice to take this trade on spot for hold. BTT can go up very soon and the move will be very fast. It is better for you sit in this airplane a wait for break.
Enjin Holding daily 55EmaHello guys. This time I wanna analyze enj on a daily time frame. As you can see if the major uptrend enj has been keeping 20ema and 55ema as strong supports and after retesting them the price bounced back up and continued to go up. Today the same kind of situation is happening. The price has tested 55Ema on the daily chart and bounced back up. If this behavior continues we could see a huge price pump in the coming days and a test to 3$ - 3.4$ - 4$ and 4.6$.
The market crash in the last couple of days was a huge sale and opportunity to enter the market because in my opinion a lot of assets with huge potential were on a huge sale and can return a huge profit in near future. Assets like Theta, Enjin, Cardano, etc.
Hope you found this idea useful.
I am not a financial adviser. Always do your own research.
If you have anything to say please let me know in the comments. Drop a like if you found this useful and follow for more!
stay tuned.
NEXUS before the big PUMP!Check NXS on 1D chart. You can see long downtrend under EMA200. I am not indicator trader but EMA200 on daily timeframe work amazing!
You can when Nexus closed above EMA200 then was big pump. Now we are above EMA200 and volume is growing. It means we can go up... You can buy half possition now and buy the dip lower or you can put limit order on EMA200 and wait.
REMEMBER! It is small coin is better to use smaller possition. Trade according your risk and moneymanagemet:)
(BCH) Bitcoin Cash to breakout of Bullish Falling WedgeHello Friends and Welcome!
Bitcoin Cash (BCH) is getting Bullish against BTC on high Time Frames!
BCH is in a Falling wedge (Bullish)
Has bottomed out and is currently testing the top trendline of the falling wedge.
RSI on monthly tf has bottomed
Histogram is showing bullish momentum
BCH has just closed over the 200EMA for the first time in over 400Days!!
BCH is on its way to start a new uptrend!
Resistance levels marked as well as possible buy zone!
Good luck and stay blessed!
Cryptonacci
ETH USDT (Alts Update)Finally, Eth (Alt's Daddy) broke out of this pattern, also there is big resistance in 2k level (i would like to wait for this line to break for open a swing trade or any but setup) if it rejects by this line we can expect another touch at bottom of this pennant pattern
Also, BTC dominance decreasing and it seems that eth want to start Alts Party (eth need to close at least 1 or 2 daily candles above this pattern for break out confirmation)
That is a wrap on this round of Alt Season....Remember the feeling of late August when summer was coming to an end and the idea of going back to school started creeping in? I hate to be the one that comes out and talks about school but we have more vacations coming up. Alt seasons come in rounds and they simply don't last forever. That was an awesome summer alt season we had. What does this mean? BTC dominance along with ETH will start absorbing more of the market cap over the next 4-6 weeks in my opinion. Nothing in trading is certain. I have marked out the next two targets for BTC dominance that I see happening this month and into next. Do I believe in many of the ALTS? YES...but you have to play the spots right. In other words Ill be adding and buying alts when BTC dominance starts to peak again. You don't want to be buying alts right here...these assets are up and need some correction. Leave comments you can disagree with me but you can't disagree with my record of being right on this website. What is the Shark telling you to do? Sell your alts and roll them to BTC and ETH for the next 4-6 weeks. When BTC Dominance hits the second target start buying your alts back. Once again I don't get paid for this I'm just here to help someone along the way to making money and taking control of their life. Swim with the Shark and make money.
Bronson-TheSHARK