Altcoins at support from 2015 - Total2What a beautiful trendline, could have a short drop still and still remain in an uptrend, I'm still holding my alts from 2020, send it!
Altseason2022
BTC dominance moving up. Altcoins dumpAltcoins prices will fall down for a couple more days(1.5-2 days). Then the dominance will hit the upper boundary of the descending channel and probably will go down.
So the situation for altcoins in the next two days is unfavorable.
Chromia Loading up for new ATH! Keep an eye on this oneHere's a quick Look at CHR 6 hr chart. As we can see, the price has printed a bigger Cup & handle pattern and and a break above 1$ could lead to a revisit of previous ATH! CHR has been doing well while the rest of the market has been down. Its just about time when we see a New ATH for this coin! Definitely Keep an eye on this!
The best entry would be, when the price breaks above 1$ with good amount of volume .
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The idea is: Buy when the price breaks above 1$ and take profits at the levels shown in the chart.
Targets:
1. 1.08$
2. 1.2$
3. 1.5$
4. 2$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Near is bullish despite the correction of teh market Near bounced off the support level and also the lower boundary of an ascending channel. Bullich movement inside the channel is expected to continue and reach the top boundary at 19 $
CHZ/BTC MOST BULLISH CHART OF 2022!!Hello everyone, if you like the idea, do not forget to support with a like and follow. As you know Bitcoin dominance breaks down the 40 level support which is a very crucial support. Now I'm expecting that it will go down more and we all witnessed a mega alt season in 2022.
So here's my first pick for this Alt season.
Welcome to this CHZ/BTC trade setup. CHZ looks extremely bullish here. It is making a bull flag in 2D and a weekly time frame. Once it breaks out from the bull flag it will fly. Buy some here and add more in dips.
Entry range:- 620-680 sats
Target1:- 850 sats
Target2:- 1360 sats
Target3:- 1800 sats
Target4:- 2400 sats
SL:- 520 sats
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Thank You!
GALA Loading up for a big move!Here's a quick Look at GALA 8 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a break to the upside soon! The price action depends on BTC and if BTC doesn't cooperate, then GALA won't manage to build bullish momentum. Keep an eye on this falling wedge!
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 when the price breaks above the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 1100 sats
2. 1180 sats
3. 1300 sats
4. 1460 sats
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Altseason is coming!Hello, everyone!
If this Bitcoin analysis plays out we are about to see new local altseason. Altcoins is going to outperform Bitcoin. We can see that the Broadening Falling Wedge has been formed by the TOTAL3 – capitalization of cryptomarket excluding BTC and ETH. Now this wedge have been broken to the upside. Also we can see the retest of it’s upper band. I expect the target zone according to left picture, which corresponds to $1.10T. In this case the strong fundamental altcoins can grow significantly.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
when lambo?Many people ask about altcoins when they start to rise. The answer depends on Bitcoins dominance. There are three scenarios. The first one is based on that BTC will go straight to 100k, so altcoins won't have any space to grow. So the altseason will be next year, maybe around Mach or April. The second scenario is that bitcoin will be stuck at 50k-70k for a few months, so altcoins will have an opportunity to rise. The third scenario is long consolidation, so that means BTC will continue to grow. However, it will be pretty slow and every week, there will be a few altcoins that will shine. In the end, these scenarios could be changed overnight while everything is possible and we can´t see to the future.
ETHEREUM UGLY TRUTHis this rally hype? robinhood maybe... 800$ likely o.o
When i say 800$ it all depends on big daddy bitcoin. Ethereum is bullish asf but nothing is going up expect those pair doing well vs BTC
Buy doge :) just kidding
