BTC Dominance at an inflection point...Will it touch the red band before btc re-asserts dominance and makes fool out of those that have cashed their BTC in for alts with a hodl mentality...My thesis is that BTC newly minted supply will start to bottleneck as time passes...this alone will combine with the store of value narrative and BTC will likely leave many alts (not all) in the dust in terms of sat value. My theory is to always be harvesting alts into BTC, even ETH (though not too much because I consider it a semi-alt).
Never forget the prize, do not be seduced by pump and dumps...there are good alts...but the number is smaller than most people think.
Altseason2021
LINKUSDT technical chypher pattern ~ Position projection• Technical analysis regarding the price of CHAINLINK for the next scenarios, based on daily movement.
• The price comes in an upward trend, with higher tops, made its correction, returned to form an ascending top and made another correction, which can be analyzed by the cypher graphic pattern, where the projected price for this bullish reversal is at 19.784, there may be strong momentum in these moments of the altseasons.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
DENTUSD will surge beyond his ATHDent wil go beyond his last all time high.
I have inspected this coin carefully the last bull run in 2016-2017 why it surge hard when the altcoin season starts.
Even some people think this is a scam coin or shitt coin.
There are 3 main reasons;
1.Binance high volume
2.good marketing and team
3.people believing in decentralizing mobile sim-cards and not depending on the goverment.
Short term analyse is 0.0007 dollar, but after it can go beyond it's all time high.
Goodluck and always listing to yourself which projects are great in your eyes..
OMG showing signs of reversal at the lowsOmisego (OMG) has been trending down since announcing their USDT integration back in August 2020.
Price has returned to the lows that marked the breakout point of the previous bullish cycle.
Confirmed divergence on MACD and RSI on the daily.
Buy volume is picking up at these levels, indicating that buyers have once again taken interest in this token and are putting a floor in the market.
With BTC dominance rolling over and ETHBTC confirming another bullish close on the daily last night, this one looks primed to join the party sooner or later.
Any break of the lows would invalidate this idea.
We've outlined some resistance levels above where we expect to see consolidation on the way back up.
Cuándo veremos el comienzo de la ALTSEASON 2021 🍀Desde principios de setiembre de 2020, hemos visto como los pares de criptomonedas han sufrido frente a BTC, independientemente de que su precio frente a fiat en algunos casos ha subido.
Pero actualmente, sobre todo desde principios de 2021, los principales influencers del ecosistema cripto están hablando de que la ALT SEASON puede estar cerca de comenzar.
Cómo vemos en el chart, la dominancia de las criptomonedas ha caído por más de 130 días y el RSI está llegando a la zona de sobreventa, desde donde anteriormente ha rebotado.
Por lo tanto, para que se dé la ALT SEASON, deberíamos comenzar a ver que la dominancia del resto de las criptomonedas, sin contar Bitcoin y Ethereum, comienza a subir a partir de esta zona.
Siempre DYOR.
¡Sígueme aquí en TradingView!
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* El contenido de este análisis es meramente informativo y el escenario puede cambiar en cualquier momento sin previo aviso. Se proporciona con el único propósito de ayudar a la comunidad cripto a encontrar las mejores decisiones.
Altseason? Is this beggining of ALTs season or just a fake out?An altseason can occur several times a year and is known to increase the value of various altcoins greatly. These increases are significant because they take place within a relatively short period of time. Effectively, Bitcoin performs less during altseason, and investors put more capital into altcoins. The value of many altcoins rises again due to this additional demand, giving alts a sort of dominance in market.
DeFi Pulse Index vs Ethereum - Which Will Go Up Faster?Take a look at the DPI lately. By the way, that's the "Ticker symbol" too = DPI, for DeFi Pulse Index , if you're searching for it on uniswap or 1inch exchanges.
You can also go over to TokenSets and purchase "shares" of this Index. They're about $200 USD rn. I believe this set was created by the DeFiPulse.com peeps. Very cool site.
It's just a (weighted by Market Cap) Index for DeFi. Personally, I'm banking that DeFi will lead the charge here on the ETH (and Alt Coin) Bull Market. It just makes way more sense (and money) to invest your cash into DeFi protocols, rather than a Savings Account, Bond, or some other lousy Mutual Fund.
Now, I'm not sure if MKR, SNX, and AAVE will all keep mooning, but...they prob will. All of these coins should take off 🚀☝️🌜
Look at its movement over the past week or so on the hourly.
And this is against ETH (!).
Not financial advice, etc.
Origin Trail: $TRAC - Fantastic Buy Opportunity!For anyone looking for hidden gems in the crypto space, please do not let $TRAC go over your heads.
This is an asset with solid fundamentals, and technical analysis that screams BUY.
Technical analysis:
• Price has been on a longterm uptrend since December 2019, reached a new ATH in Sept 2020 and has since decreased to lows not seen since June 2020
• IMO this is probably a result of some very aggressive profit taking from speculative bets following BTCs new ATH because it bears no relation to the long-term outlook of the Origin Trail protocol
• I’ve outlined the key buy Zone which must hold for the Dec 2019 Uptrend to remain intact.
• Price has already rejected this zone with the w/c 4th January’s candle. If price holds above this level, then expect a bullish run towards the first resistance zone following a breakout from the pink downtrend line
Fundamental Analysis:
• Origin Trail has developed the Origin Trail Decentralized Network (ODN) which will facilitate the seamless exchange of data with integrity between companies worldwide, and has been operational since 2018
• Integration to the decentralised network is facilitated by the Network Operating System (nOS), which has already integrated legacy enterprise systems offered by Oracle, Salesforce, SAP and Microsoft Navision
• Over the last 10 years Origin Trail has been laying the groundwork for sustainable growth and adoption of their solutions through key partnerships. To name a few:
o Oracle (ORCL): the purpose of this partnership was to bring transformative blockchain solutions to Oracle’s clients through the integration of Oracle’s ERP systems and cloud services to the ODN
o GS1: the organisation that sets global standards for supply chain communication, created the barcode in the 1970s and is at the forefront of new standards for QR codes. This partnership is intended to create a decentralised database of every barcoded item in circulation around the world. Think ‘Google,’ but for supply chain data to be used by companies worldwide. Nothing even remotely close to this exists today!
o British Standards Institution (BSI): partnered with Origin Trail to deliver blockchain solutions to clients, thereby enabling them to demonstrate the authenticity of their compliance through immutable digital records of certifications achieved from BSI
• This is just to name a few. You can read more into their other partnerships with the Supplier Compliance Audit Network (SCAN), the Swiss national rail company (SBB) and plenty more, the list goes on...
• The value of $TRAC is directly linked to the adoption of Origin Trail’s solutions because it is the token that fuels the ODN. The company uses their interface to purchase $TRAC tokens directly from the exchange with fiat currency, and the tokens are purchased and used in the backend
There’s real potential for mass adoption of the ODN, and in turn a significant increase in the value of $TRAC tokens from current lows. SCANs members are some of the largest importers in North America with annual sales of $1.25TN. GS1 advises 2 million businesses globally. BSI has about 84,000 companies as clients, and partnerships with Oracle, Microsft etc grants access to the ODN to many more companies worldwide.
Origin Trail’s proven durability, its problem-solving technology, and strategic partnerships culminate in a real potential for mass adoption.
With a super low market cap of $50M, last close at $0.1455, you’ll understand why I believe this to be a real bargain buy!
Please proceed with your own research, and would be interested to hear some thoughts in the comment section below!
Many thanks all for your time :)
BTC/USDT Timeline forecast of fall and Altseason Day ChartIn this idea I draw upon the trader Gann and one small aspect of his knowledge. We got clear time frames here and it all seems to line up in cycles correctly.
If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains.
When Alt Season?Simple and to the point :
Bitcoin Dominance needs to break and close below this 67.5 level to trigger the rally in altcoins.
Keep an eye on it.
I am expecting it to break down.
Break and close above 70 invalidates the chart.
Do hit the like button to support my work.
Thank you
#PEACE
bears must break 67.50 for altseason oterwhise alts are fuc!#@we are at the decisive moment if bitcoin breaks the resistance we can say goodbye to the alts.
In any case,i am confident that we are at the beginning of an alt season up to the main support of the structure as btc seems to be ready to lateralize and leave space.
EOS/USD Breakout. The best risk defined setup of 2021.BITFINEX:EOSUSD
🚨Please LIKE & SHARE THE LINK if you find this usefull!!🚨
In a previous idea I was asked if I could explain my procedure to enter a trade and that I will try to do here.
I had an earlier idea about this triangle formation that got deleted, but after months of waiting, I can begin to say that the breakout is here and it came just as planned.
🟠 ENTRY
We're looking for a daily close above trendline and then a following retest for confirmation of resistenace turned to support to enter. anything arround $3.35 would be perfect to me, but the upside is so masive that it doesn´t really matter much. Even when trading breakouts, a risk defined setup is very important, and therefore, I will use a stop loss in the invalidation zone (where the trade is no longer valid) and a series of take profits in trouble areas (mainly zones where a reversal might ocurr).
🟠 STOP LOSS
Conversly, the best place for SL is below the lowest swing arround $ 2.87 before breakout.
🟠 TAKE PROFIT
Take profits are split into three:
1. Surround the previous swing high (daily close). $ 8.47
2. Arround the BITFINEX:EOSUSD all time high highest daily close. $ 17.64
1. At the top of the channel of current daily bar. (Assuming cyclical repetition)
🟠POSITION SIZE
Position size depends a lot on the trader, but in my case I assign a risk percentage of my portfolio to every trade, meaning that if my portfolio is $100, and my risk tolerance is 5%, I will allocate $5 of risk to the trade. THIS IS NOT POSITION SIZE. Position Size is calculated by dividing the risk ammount ($ 5) by the distance in percentage to the stop loss from the entry.
Let's say I buy at $ 3.35 and my risk ammount is $ 5 and my stop loss is $ 2.87, that is, -14.4% below. BITFINEX:EOSUSD
POSITION SIZE = (RISK AMMOUNT) / (DISTANCE TO STOP LOSS)
POSITION SIZE = ($ 5) / (0.144) = $ 34.7
I´ll keep you updated on this trade.
** This is not financial advice, trade at your own risk **
CEL About To Breakout...?An Alt-Coin looking like it's gathering up steam? What else is new. And it's not even Alt Season yet.
Watch Celsius here. The 2-hour Chart seems to be pretty reliable. I've got a notification alarm set for when CEL/USDC breaks and closes up above that downward-sloping resistance in this triangle. The wicks on the 2H range a bit, but the closes are pretty clean.
Don't listen to me, idk much of anything. But...
Come on . Look at this setup, right? Maybe, what, 100 CELs'-worth of your stack?
Can someone ( not me, I don't have the time) set up a " Alt Season 2021 - Breakouts Index " as a Savings Account? Please?
Hear me out:
There's be maybe a dozen or more of these setups, maybe weighted or not--depends on experience of the person managing the Fund.
"They made that. It's called the DeFi Pulse Index (DPI)."
No, that just holds a static, weighted, amount of dif DeFi coins (SNX, MKR, YFI, AAVE, COMP, LRC, etc).
And that's great, don't get me wrong. Love the DPI.
But this would be alternating alts ( aa's , lol), all of them in there only from: a few hours, up to a few weeks--if that long.
Stop-Losses set for coins that break to the downside. Minimal fizzle-outs over these next several months (to a year or more).
DCA-out the gains based on hitting set Targets--post-breakout(s).
You could prob set it up over at dHEDGE ==> app.dhedge.org (not an aff link, I have no connection w them)
You can add CEL/USDC to it. First one's free. There you go.
Anyways, great idea, right? Set it up. Take a 5% cut of any investors' gains.
Kick me back 5% of your 5%. #Courtesy
j/k, just give me fee-less access to it 😎🚀
BATUSD - LONG With Bitcoins recent surge to $40k #Altseason is just starting to gear up. $BAT (basic attenion token) has a lot to offer fundamentally which i believe it could make a move back up to ALL TIME HIGHS.
$BAT has a good real world use case. BAT is the cryptocurrencies which is used on the Brave browser platform. This platform is known as the GOOGLE CHROME & SAFARI killer.
Brave Browser allows its users to opt in or out of advertisements and data tracking whilst you are browsing the net. If you choose to opt in for adverts etc, you get paid in the native token $BAT.
the use case of the token is that advertisers have to use the $BAT token to pay for advertising on the brave browsers, companies have to pay the people who view their adverts. This gives user an incentive to share their own personal data, as the saying goes DATA is the new OIL. Big firms such as Amazon & Dominoes Pizza to name a few have been seen advertising on the platform.
$BAT are also listed on one of the major exchanges COINBASE
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BTC Macro Wave Count: Wave 4 to 30k or 23.5kLarger degree wave count for current Bull Market:
* WAVE 1:
- Impulse out of May 2020 accumulation from 8000 to 12500
* WAVE 2:
- Correction from 12500 to retest HTF trend line resistance at 10000
* WAVE 3:
- Impulse out of 10000 to current price
* WAVE 4:
- Massive consolidation during Q1 2021.
- Bitcoin ranges from 0.786 at 30000 to 40000
- OR
- 0.618 at 23800 to 40000
* WAVE 5:
- Next massive impulse to 70000
-----------------
Smaller Degree- Wave 3 structure
* WAVE 1:
- Move from 10000 to previous ATH at 20000
* WAVE 2:
- Running ABC Flat from 22000 to 16000
* WAVE 3:
- Break of 20000 to current price discovery at 40000
* WAVE 4:
- Possible massive triangle consolidation during FEBRUARY 2021
- While Bitcoin ranges from 30000 to 40000 or 23800 to 40000 == ALTSEASON
* WAVE 5:
- Next big impulse from 30000's to 60-70k
NOTE:
Altseasons have occurred every 3 months during 2020.
- May 2020 during BTC's accumulation phase from 6800-8500
- August 2020 after BTC's dump from 12500 and retested 10000
- November 2020 during BTC's Running ABC Flat around previous ATH of 20000
- FEBRUARY 2021? Wave 4 consolidation to 30000, alts take off...
Summary:
BTC correction to 23800 or 30000 during late January and February. Massive range and consolidation gives rise to next Altseason in February 2021.
Chart of Bitcoin Dominance linked below . Shows BTC Dom retesting trend line resistance as support around February 2021. Great confluence for this chart.