Quick Trade idea for GALA Here's a quick Look at GALA 6 hr chart. As we can see, the price has been forming a bigger descendingl triangle and we could see a bigger break to the upside soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 0.094$
2. 0.106$
3. 0.115$
4. 0.123$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Altseason2021
ALICE loading up for a massive move soon! Here's a quick Look at ALICE daily chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 13.35$
2. 17.2$
3. 19.2$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
MATIC loading up for a big move!Here's a quick Look at MATIC daily chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a break to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 1.7$
2. 1.97$
3. 2.2$
4. 2.44$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BOSON ALT SEASON FORECAST (The underdogI would love you to review my previous ideas so you can understand what I entail here. As my previous ideas would show. I do find good cup and handle formations during the alt season that has the chance to break the previous ATH. Not just for any alt, but for alts with good fundamentals. In the past, I have made forecasts for coins like Btc, Theta, and Kai with this same cup and handle formation which turned out right with shocking accuracy. People would call me an artist from the future who just merely paints what he has seen before. Today, we are going to feature Boson. Boson reminds me so much of theta and kai. A good project with powerful fundamentals but whose price has been suppressed for so long and it is so obvious on the cup and handle. There are two targets for me here, the first is the normal one which is indicated in blue arrows. The last leg in green arrows which is the final one is a result of the incoming Bullrun/ alt season which coins really blow up crazy. In the past, my forecasts have been under-targeted as the price tends to blow way past my target although, in retrospect, it looked unbelievable. In this one, I try to be more optimistic.
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USDT.D UPDATE! ALTSEASON START!!!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick update on USDT dominance. If someone doesn't know about USDT dominance then it's inversely proportional to the Alts. When USDT.D pumps Alts dumps and when USDT.D dumps Alts pumps.
Currently, USDT dominance hovering at 2.72 and it already breaks the neckline of the head and shoulder pattern. The Head and shoulder pattern is usually bearish. If this pattern plays out perfectly then it will dump to the 2.2 level and if this happens we will witness a great alt season of history.
Soon I'll post some good altcoins setups on the spot and futures both. We will make huge profits in the last quarter of this year.
The invalidation level of this chart is if any candle closes above 2.85
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Also, share your views in the comment section.
Thank You!
💡 ETH/BTC - Future of Altcoins - 3 scenariosPlease note that the whole idea is based on the assumption that ETH drives the altcoin market, which of course isn't 100% true, but trying to get a general narrative of the market..
With Bitcoins pump and BTC.D rising over the last week we can clearly see money flowing out of altcoins. The bounce from lower trendline that had place on 12th of October let altcoins take a breath now, but the overall direction isn't clear yet (to me).
From this point I see 3 scenarios:
Scenario #1- ETH/BTC breaks the local dynamic resistance and continues to pump until exhaustion
Scenario #2- ETH/BTC reaches the local dynamic resistance, gets rejected and goes back to the lower trendline support or goes sideways
Scenario #3- ETH/BTC dumps from here, the lower dynamic support doesn't hold and alts bleed hard regardless of what BTC is doing
-- Feel free to share your thoughts on the current situation in the comments. --
ZCash 10X Potential - this coin has never seen a bull run!ZCash is easily one of the most undervalued coins. It's the only privacy coin I trust and has similar tokenomics to bitcoin. Not to mention there is super bullish news coming out for ZCash in January which happens to coinside with altcoin season (intentional?). I won't explain everything here, but you can learn more about ZCash on my website Path Finder Crypto or on the ZCash official website.
Altcoin season typically happens in January following bitcoin's peak at the end of December. As people sell their btc for profits, they will quickly transition that money into altcoins in which typically reach their all time high again. I am expecting ZCash to reach its cyclical high again (marked with dotted red line). BTC I am expecting to 2x and altcoins typically outperform btc by 50% which indicates ZCash will be a 3x from the cyclical high giving a price target around 1000-1200. Do be careful around 1000 as it is a psychological selling point which will serve as resistance.
QSP 0.49$A left right shoulders is always bullish and when their service and products works, don't doubt about it.
peace.
SAND - potential trade 🤯🚀After bitcoin showed strong growth, most of the market expected the same from altcoins. But almost all altcoins are still building up strength before rising.
The Sand chart shows a trend line, if the price breaks through it, it would be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BTC/USDTEnglish Description
This is my Idea about this start of an another bull run , We have tried so hard to breakout to this point of a bearish trendline and so we did , After this broke out the volume of Btc rised so this is an indicator to know that we have done a breakout and we started to change the trendline from down side to up side in the trendline so for now we are going in a rising wedge trendline and it looks so bullish for all of us !
Albanian Description
Kjo është Ideja ime në lidhje me fillimin e një vrapimi te demit(start of a bull run), Ne jemi përpjekur aq shumë për të thyer këtë pikë të një trendi bearish dhe kështu bëmë, Pasi u thye kjo vije , vëllimi i Btc u rrit kështu që ky është një tregues për të ditur që ne kemi bërë një thyerje dhe ne filluam të ndryshojmë vijën e trendit nga poshtë ku ishim duke vazhduar lart ne trendline, kështu që tani për tani ne po shkojmë në një trend trendi në rritje dhe duket aq bullish për të gjithë ne!
SOL Update - Loading up for a bigger moveHere's a quick look at SOL 2 hr chart. As we can see, the price has been forming a bigger bull flag and we could se a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the bull flag with good amount of volume .
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The idea is: Buy the breakout from the bull flag and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 163$
2. 169$
3. 177$
4. 185$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
AXS loading up for round 3! But BTC dictates the market! Here's a quick Look at AXS 30 min chart. As we can see, the price has been forming a falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 138$
2. 144$
3. 155$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Q4 is here! Lets trade some ALTs! Here's a quick Look at COMP 8 hr chart. As we can see, the price has been forming a bigger falling wedge and we could see a break to the upside soon! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 359$
2. 427$
3. 452$
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If you like the content, then make sure to comment and like the post :D
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ADA about to break out! Keep an eye on it!Here's a quick look at ADA 6 hr chart. As we can see, the price has been forming a bigger falling wedge and we could se a very big move to the upside soon! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 2.52$
2. 2.7$
3. 2.94$
4. 3.1$
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If you like the content, then make sure to comment and like the post :D
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BTC to dip?Rsi Broke the trend a few days ago, EMA 50 broken on the daily timeframe, macd was just testing on the weekly to bounce back down, TOTAL2 shows similar beaviour revealing money flowing out, BTC.D shows BTC dominance to increase, whilst BTC dips in value, Stock to flow model shows begginning of exhaustion. distribution can still be happening, so short term can still be bullish but unlikely.
I'm just an aficionado, not an expert, not an advisor, this is just an underlining of the indicators.
Short term: Neutral
Long term: Bearish
Inverted chart of BTC dominanceIs this a continuation for a new mini-altseason or possible double top pattern? If we suppose that the bull market is not over yet, another altseason is very likely.
This is a personal opinion, don't consider it as advice. I am sure that BTC still has one last wave left, so, in my opinion, the bull cycle is not over.