DOGE - DON'T MISS out on ALTSEASON 2.0 !Yesterday we took a look at altcoins that are strong currently - and today I'm adding another, DOGEUSDT.
✅ From a technical indicator perspective, Doge is ready to reclaim a key trendline, as the price is consolidating right under it (bullish). "Extremely Oversold" is usually a good place to buy:
✅ From a Chart Pattern perspective, we observe an inverse Head and Shoulders pattern forming, which is also bullish and confirms a direction reversal. Furthermore, a total of -60% has been retraced and this is prime time for a new upwards wave:
✅ From a trendline analysis, we have successfully reclaimed the neckline after closing daily candles ABOVE the old peak:
I conclude to say that according to the trend and all other signs - the price is short term and long term bullish from here.
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BINANCE:DOGEUSDT
Altseason2024
AVAX - SHAKEOUT before FINAL ATH📉Hi Traders, Investors and Speculators of Charts📈
AVAXUSDT, an ETH rival, is another altcoin currently trading lower than it's first ATH. This is important, because it makes for an excellent low risk and high reward trade.
Currently, we see the markets trading in a corrective phase where wicky price action and shakeouts are common.
I've been bullish on AVAX for a very long time, and we've seen great increases since my last update:
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BINANCE:AVAXUSDT
Solana UP 87% - ALTSEASON upon us!📉Hi Traders, Investors and Speculators of Charts📈
Solana is up 87% in the past few weeks, and it's one of the altcoins that have seen the best gains in a 24h time frame. This is usually a good time to secure some profits.
I've been bullish on Solana and other altcoins for 2024, find the other alts I am watching here:
From here, I expect micro cap coins to start making their rallies. ARE YOU PREPARED FOR ALTSEASON 2024?
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KUCOIN:SOLUSDT
LTC - The FRACTAL that takes us to +300%📉Hi Traders, Investors and Speculators of Charts📈
As I always joke, Litecoin is still in prison... meaning that LTC hasn't been able to break out of long term accumulation yet. This however is A GOOD SIGN for traders because:
👉 Low risk entry
👉 High reward trade
👉 Another chance at accumulation
I'm still watching this fractal and patiently waiting for the first bullish confirmation, as discussed in the video.
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BINANCE:LTCUSDT
MATIC - Don't Miss the PARABOLIC ALTSEASON coming📉Hi Traders, Investors and Speculators of Charts📈
We're all looking for solid projects that have good fundamentals... and good upside. MATIC is one of those altcoins that haven't yet made a new ATH. Infact, it's not even close to its previous ATH with 190%+upside potential!
From a technical indicator perspective, we see a reliable "BUY" signal in the weekly timeframe:
From here, I expect altcoins to start making their rallies. Find more info on alt season 2024 here:
And if you need a little bit more technical info on how the rotation between BTC and altcoins work, check out this idea:
Cheers to another profitable day in crypto 🥳 And remember to realize gains🥂
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BINANCE:MATICUSDT
DOGE - THIS INDICATOR could call the TOP/BOTTOM📉Hi Traders, Investors and Speculators of Charts📈
Bitcoin is undoubtedly on it's way to making a new ATH, and we're starting to see decent rallies across the altcoin market... finally.
But a challenge during this phase of the bullish cycle is to determine pullback zones.. Where could the correction end up? I have recently discovered an indicator that works especially well on lower timeframes to assist with identifying potential large demand zones based on wicks.
It's a great tool; make sure you check it out!
Check out yesterday's post about Altseason 2024:
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BINANCE:DOGEUSD