Done for nowThe TOTAL2 Market chart is for one of the most beneficial for all the altcoins as Standard TA applies, There is a saying that goes "when the sun rises its for everyone" The principle here has to do with cash flow and looking for the market as an overall, the transition is less volatile due to the high volume, just imagine a big ship that needs to do a sharp turn, Bear market has unnoficially started once that candle closed below the 21, and officially once its below the 50. We can also see that the RSI is exhausted, with several bearish divergences, and that the stochastic is no longer crossing above the 50 line if set for 21. My conclusion is that the trend has inverted in June from the dip, and now is inverting again. Market is in my opinion to return in late October to mid November for a short bullish run and resume its downward trend until the next BTC halving. Take this analysis with a pinch of salt since im not an official trader and am not providing financial advice.
Altseason2021
EOSUSD Is going to be one of the biggest hitters this year! :)Been following EOS for some time since it came out.
I have a projection of 25+ by July easily.
Short term $5 is inbound in for sure!
Anything dealing with Ethereum has my attention.
Ethereum will be over 30k by 2022-23.. :)
Lets get it baby! Super excited
LUNA updateHere's a quick look at LUNA 2 hr chart. As we can see, the price has been forming a descending triangle and is currently bouncing from the bottom of the descending triangle! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 40$
2. 41$
3. 43.5$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Is another ALTSEASON happening?The Altcoin index forms a triangle inside an uptrend channel and two scenarios can be predicted for it:
1. Break the triangle up when AltSeason starts which I hope will happen. Of course, for this to happen, it has to go through a weekly pivot resistance.
2. Failure from the bottom that we should see a deep correction in Altcoins. The failure line is accompanied by a break of the uptrend channel and has the support of Komu cloud and weekly pivot and an MA200D, so I do not expect a quick price correction.
Which do you think is more likely?
SOL at a critical level - If it breaks down, we may see 100$!Here's a quick look at SOL 2 hr chart. As we can see, the price has been forming a descending triangle and we could see a break soon! Definitely one to keep an eye on. If SOL breaks down from the descending triangle, the price could go down to 120$ and if that level doesn't hold, then the price will very likely come down to 100$.
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 180$
2. 192$
3. 215$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Is ALICE The next AXS?! Keep an eye on this!Here's a quick look at ALICE 1 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. 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:
- Profits can be taken in the resistance zone .
1. 14.4$
2. 15.2$
3. 16.4$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Nearly doneThe dominance chart is one of my favourite charts because it pretty much dictates where all the alts are going. BTC has had an AMAZING run since last December, and now its time for alts and BTC to dip. The support level that is tapping and has yet to hit (should hit in the next couple of days or so) is the same of 2018, The second tap usually signal an inversion of the dominance trend, and makes alts bleed.
At the moment BTC has broken the 9 and 21 EMA lines is testing the 50 EMA on the daily time frame, and should be retesting the 200 EMA support on the 4h chart. If the dominance increases in confluence with the BTC dip, it will make last dip look like a walk in the park. Also September is usually a bad month for crypto.
In my opinion we should have one last pump and then we are done with the bulls until the next halving as markets should resume the dip for the next couple of years or so.
So my prediction is short term is Bullish for the next couple of day, long term Bearish.
BTC is on the edge of closing golden cross.1. MA50 if likely to only touch MA200 and not crossing it.
2. If it crosses and daily closes above 47k we won’t see the dip to 42k as anticipated.
3. The volume is slowing down which signals a trend reversal
4. RSI is likely to touch 30 before the run to 100k above continues
5. We have two ways straight to up or 41k and then up, we anticipate for later to happen.
NOTE. Crypto Total mcap has already a Golder Cross. ALTS will keep pumping and BTC will start to lose more dominance.
AVAX confirms bullish breakout on the dailyThe Avalanche ecosystem is growing rapidly since they announced the 180m DeFi incentives program in August.
The volume following that announcement can be seen on this chart and was nothing short of incredible.
After consolidating down into the "Pump Chaser Zone", forming a bull flag
Price has broken out from the upper trendline and closed a bullish daily candle forming it's first higher high since peaking on August 25th.
There was a large unlock of vested AVAX last Saturday that increased the circulating supply by 25%. The chart suggests that most of the "sellers' in that tranche have now exited (likely panic selling during the market wide sell-off on Tuesday)
The probability of AVAX breaking out into price discovery in the near future is very high.
The current market cap is $11 Billion
Hunting for higher lows to increase exposure.
Targeting the 1.618 Fib extension around $89 for first TP. Given the volume flowing in, there is a good chance we'll see 3-digit AVAX sometime in Q4
SOL loading up for another big push! Keep an eye on it!Here's a quick look at SOL 1 hr chart. As we can see, the price has been forming a descending triangle and we could see a break to the upside soon. Definitely one to keep an eye on. The best entry would be, when the price breaks above the descending triangle with good amount of volume .
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The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 196$
2. 220$
3. 240$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BTC/USD Just be patient and wait.Nothing has happened yet. These rises or rises in altcoins were small and normal rises and falls. As someone who has personally lived through 2016 and 2017, I can say that nothing has yet begun. We have 6 months ahead of us. Bitcoin will make its big move after the end of the year. I want to tell you about altcoins, definitely don't invest in projects that don't have a history. After the end of the year, cryptocurrencies with a solid project with a history in mega altcoin bull will be on the scene. Of course, there will be coins that do not work. But don't risk it on this bull. Because when this cycle is over, we will have a big fall. My advice to you is to be smart and patient. With love. ST
AVAX Could break to the upside soon!Here's a quick look at AVAX 4 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a bigger break to the upside soon! Keep an eye on this!
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. 59$
2. 65$
3. 71$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BTC.D has just broke the trendline. Good for alts.As you guys can see here, BTC dominance successfully broke the trendline and moving towards major level of structures. In the daily timeframe, I expect it will support at 41.25 after retesting the hourly trendline just broke. This might be a huge opportunity for altcoins if bitcoin also follows. Happy trading!
BTS/USDT Bitshares is one of the best cryptocurrencies. He's preparing for a big rise. I think old coins that haven't moved will show a big increase in this bull. Bitshares is one of them. It has a hardworking and innovative team. I think it will make investors smile with good news in the near future. The chart is not my own work and investment advice. With love. ST
ADA loading up for another big run to the upside! Here's a quick look at ADA 1 hr chart. As we can see, the price has been forming a 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. 3.26$
2. 3.4$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DOGE about to break out! Big move coming! Hold tight! Here's a quick look at DOGE 4 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a bigger move 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 and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone
1. 0.336$
2. 0.35$
3. 0.374$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SAND about to make a big move! Keep an eye on this! Here's a quick look at SAND 1 hr chart. As we can see, the price has printed a symmetrical triangle and is very close to breaking to the upside! Keep an eye on this! We could see a breakout very soon!
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:
- Profits can be taken in the resistance zone
1. 1.06$
2. 1.11$
3. 1.19$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!