XMAS MOON? BITCOIN - ETHEREUM - RIPPLE 🎄🚀There's something big coming...
Bitcoin , Ethereum & Litecoin all appear to be in the corrective phases with Bitcoin leading the way. We can see that Bitcoin is approaching a strong area for the next impulse. Similarly, we can identify key reversal zones for Ethereum and Ripple.
If we compare all 3 charts, we can see that theres an ascending trendline supported by fibonacci, which looks to be the key area to look at for buys. The move down is almost complete with limited space to move down, so the best thing to do is get ourselves ready for the big move up which will be coming very soon!
Crypto can be moved 100's of % with just one tweet as we have seen recently. Being reactive is key to longevity in the trading business.
We will stay adaptable and be reactive to whatever price action the market gives us! Have a look at the ideas linked to this post for the individual analysis for Bitcoin, Ethereum and Ripple.
Bitcoin:
Ethereum:
Ripple:
Do you agree? Let us know your thoughts!
Goodluck!
Altsignals
XRP - In A Massive Bull Flag! XRP is currently within a massive ABC bull flag. We can see that we can from an impulse and we are creating a big correction and approaching 2 areas of significant interest.
First Area:
- Double bottom (structure)
- 61.8 fibonacci
Second Area:
- Parallel channel support
Both of these areas are key areas to look for reversal and a bounce off.
Trade Idea:
- Watch for price to come down to one of those 2 areas
- Watch for a bounce off
- enter with stoploss below the rejected price
- target parallel channel resistance as first target
- Recent highs as second target
- -0.27 as third target
- HODL the rest
We could potentially get a 50% gain as only first target!
What do you guys think of this? Leave your comments below.
Goodluck!
FILECOIN - Buy Stop HACK 🤫A stop order is an order to buy or sell an asset once the price of the asset reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order.
Filecoin makes massive impulses and it appears we could be on the verge of a massive one soon. The descending trendline has been respected 3 times and its a good indicator as to when the market will shift from a bear market to a bull market.
For this trade we can utilise the buy stop order and get in as soon as the market makes its big move up. The good thing about using this is that if price continues to go down, our order will not be filled and we wont be at risk.
Trade Idea:
- Put a buy stop order above the descending trendline (not too close incase price spikes above and comes back down)
- manually input SL below the recent lows
- target the significant price points indicated on the chart
If we do get a massive spike, you can be in and out of this trade within a few days and bank over 100% easily!
Goodluck!
BITCOIN - New All Time Highs Soon 🚀Bitcoin is setting up for the next massive impulse.
We can see that we've had a number of impulses and corrections and now we're setting up for another impulse.
The correction we're in is a slightly more complex correction made up over 3-3-5. We're currently in the latter stages of the correction, the 5 waves. Expecting one more drop to the 50 fibonacci, which is also supported by structure and the major ascending trendline.
Trade idea:
- Watch for price to drop once more to the 50 fibonacci
- When we get a bounce, enter with stops below the rejected price
- Target the ATH's as first target and then -0.27 fib as second target and HODL the rest
You can take advantage of the short term move down but manage your risk.
Let us know your thoughts!
Goodluck!
ETHEREUM - Watch This Correction 🔥In our last couple of Ethereum posts, we mentioned how we were expecting a correction before the next big impulse. We're currently in an ABC correction and seeing the B wave now. What we can do is catch the C wave down back to the major trendline where we can look for the next impulse up.
Short Term Trade Idea:
- Watch for rejection of the structure level to indicate the start of C wave
- Enter with stops above the rejected price
- Target the bigger 50 fib and major trendline
Longer Term Trade Idea:
- Wait for price to come finish the ABC correction and come back to the ascending trendline
- Watch for a bounce off of the 50 fib and ascending trendline
- Enter with stops below the price where price bounces off
- HODL
Do you agree? Leave your comments below!
TRON - Trade This WedgeTron is currently within an ascending wedge which we can trade. Every bounce and rejection of the wedge can be a point of entry with stops outside of the wedge.
We recently saw a bounce off the wedge which we can use to enter with stops below the ascending wedge.
Targets will be the ascending wedge resistance.
Goodluck!
TWT - Bulls Going In!TWT showed multiple bullish corrections and every breakout has been a really strong breakout.
We are now seeing another breakout. Keep in mind that if we break below the ascending black trendline, our bullish outlook is invalidated.
Trade idea:
- Enter on breakout of correction with stops below the major ascending trendline
- Target the previous highs
SOLANA - How To Trade Within StructuresSolana has recently broken the ascending channel and we can may now be on a bearish leg. We have 3 major structure levels where we can watch for price action to tell us what is next; either a bounce off structure or a break and retest of structure.
There are 2 ways in which we can trade these structure levels.
Break & Retest
For a break and retest trade, watch for price to break a structure level and then retest it. Enter with stops above the structure level and take profit next structure level.
Rejection/Bounce
For a structure rejection trade, wait for the bounce and then enter with stops below the structure. Target the next structure level.
opportunity to buy Zil?hey guys,
support/resistance lines are shown.
right now we are in a good spot to buy the first step in my opinion!
target is ATH(=~ 15cent good point to take profit)! however, we must always see how BTC doing after that go buy altcoins.
never forget investment principles and do your research before investing.
good luck.
CARDANO - Going Intergalactic! 🚀🔥Cardano has been one to watch recently with really high volatility.
We can see that ADA has been making a series of impulses and corrections and we appear to be in a correction now.
We are within a falling wedge and we recently tested the 61.8 fibonacci and rejected it, which also falls in line with the parallel channel support. We could just consolidate here for a little while and even go beyond the channel before we get a move. They key area to watch is the descending red trendline for a breakout as that would confirm the correction has ended.
Trade Idea:
- Watch for a breakout of the falling wedge
- Enter with stops below the recent swing low
- Target the recent highs as first TP and the -0.27 as second TP.
What do you guys think? Leave your comments below!
Ethereum - Impulse · Correction · Impulse 🔥In our last Eth analysis we explained how there will be another correction appearing soon, which we got now.
There are 2 main phases which can be clearly seen, Impulse and Correction. Our job as traders is to identify the corrections so we can catch the big impulse moves. However, we can also trade the correction whilst we get ourselves ready for the impulse.
We had an ascending trendline (red) in place to indicate when the impulse is over and when the correction begins. Price broke the ascending trendline impulsively, indicating that the impulse has ended and we are now seeing the correction.
Trade Idea:
- Watch for price to pullback to the structure level indicated
- Enter shorts when there's a rejection with stops above the rejection
- Target the ascending trendline where we have multiple confluences for the next impulse move
See the linked chart for our previous Ethereum analysis.
Leave your comments below and let us know what you think.
DOT - Don't Miss This Bounce!DOT has multiple factors indicating that we may be getting a bounce soon from the 38 level.
We have:
Structure
38.2 Fibonacci
Ascending Trendline
Trade Idea:
Watch for price to reject the level indicated and enter with stops below the ascending trendline.
Target: recent high for first TP and -0.27 for second TP
If we break below the ascending trendline, our bullish outlook will be invalidated.
Bitcoin Cash - Higher Timeframe Overview Bitcoin Cash has been showing clear price action indicating what's next.
We recently had a massive move down after a double top and now we are in an ascending correction. We retested the 78.6 fibonacci and rejected it.
We could trade within the ascending channel back to the highs. If we do break the ascending channel, we could make our ways back to the 400 level.
FANTOM - Multiple Confluences Fantom is approaching a high value area where we can look for longs.
We have the following confluences supporting our idea for BUYS.
- Major trendline
- Daily EMA which price is respecting
- Structure which price has respected numerous times
- 38.2 fibonacci
Trade Idea:
- Watch for price to reject the 2.48 level
- Enter with stops below the trendline
- Target recent highs for take profit
If we do break the trendline and Daily EMA, we can switch our bias to short and we'll upload a short set up.
MANA - Don't Miss This Breakout!In our last Mana analysis, we were looking at the higher timeframe and identified that price could retest the base channel and fibonacci before moving up.
We had a nice move down and retested the channel perfectly and moved up 70%! We could be in a flat correction with a double bottom forming soon on the base channel.
Trade Idea:
Watch for another retest of the base channel and enter with stops inside the channel.
If we break the red trendline early, enter with stops below the recent lows.
First target will be the recent high and second target will be $6.
BITCOIN - Watch For This Breakout! There's been some uncertainty around crypto as of late with coins breaking all-time higher yet again and some speculation about the crypto bubble bursting. The best thing to do in these circumstances is play what we see.
So what can we see?
1. We are in an ascending channel
2. We came from a major impulse (from 40k to 67K)
3. We could be in a flat ABC correction
Trade Idea:
Watch for the C wave of the correction to finish between 56k and 58k. Wait for a bounce and then enter with stops below the ABC correction.
Targets: -0.27 fibonacci as first targets
SOL - Catch The Bounce!Solana is at a very interesting level. We have 3 confluences supporting the long idea:
1. Structure
2. Fibonacci
3. Ascending channel support.
For confirmation, watch for the red descending trendline to break. For a risk entry, watch for a bounce off the structure and enter with stops below the channel.
Targeting the -0.27 fibonacci which lines up with the channel resistance.
EOSUSDT Technical Analysis
⏳ Spot
💎 EOSUSDT is moving in the ascending channel, it has got rejected fro m the bottom of the channel and potentially it will go up to the upper band of the channel. After the breakout we can expect more bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or from 4.633 to 4.953
☕️ TP1 5.222
🍺 TP2 5.660
🍻 TP3 6.305
🍾 TP4 7.000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 4.633 to 4.117
Good Luck 🎲
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ANKR - Breakout Pending...Ankr is currently within a pennant formation and price is being squeezed towards an apex. Due to the recent volatility and spikes, it is unclear whether it is a bullish pennant or bearish pennant.
The best way to enter this trade is wait for price to break the pennant formation and then enter on a retest or a flag pattern.
See below for Daily timeframe:
Which Dog Are You Betting On? 🐶 🐶Who would have thought that we'd have a battle between Dog coins?
Here we have 2 of the most hyped coins as of late; Kishu Inu and Shiba Inu.
Both spiked up a ridiculous amount at the same time and are showing almost identical price action.
It has been rumoured that an anonymous crypto whale has recently purchased 20trillion Shiba Inu Tokens worth $1.13billion! This could potentially drive Shib to the moon, leaving Kishu in its dust.
Trade idea:
Wait for a strong bullish breakout before jumping in. Price can just consolidate for a while before we get a real move so be wary.
Which dog are you betting on? Leave your comments below!
FANTOM - Buy The Bounce! Fantom has been breaking higher and higher for a long time now. We can see that there have been multiple times where we broke structure and retested it.
We are approaching a recent structure level now where we may get a bounce. Keep an eye out for a bullish bounce and enter with stops below the bounce.
If we do not get a structure bounce, watch for price to bounce off the ascending trendline.
SFP - Is the Hype Over?After the massive pump early last month, there has been very little action.
From the volume indicator we can see that since the spike in October, the volume has decreased substantially.
This could mean one of two things.
The hype is over:
Could mean that this was just a pump and dump and this coin is pretty much finished.
Something BIG is coming:
Some of the time when there's very little volume, its because the market is setting up for something spectacular, similarly to what we saw in October. There was very little volume before the spike.
We have to structures on the chart and will be looking for a breakout either way.
AVAX - Take Profit Hit! Whats Next?In our last AVAX analysis, we were waiting for a breakout to enter with targets of 92 (-0.27 fiboonacci target).
The 80 structure level is approaching and that would be the ideal place to enter for a continuation trade.
Trade Idea:
Watch for price to correct back to the structure level at 80
Enter on bounce of structure level
SL below the structure
TP: 106
Please use appropriate risk management as this move is overextended so there might be a deeper pullback.