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Altsignals

CARDANO - Important Update 🚨After the recent crash in Crypto, the market has changed slightly. The corrective phase has just got bigger but we're still very much bullish. For Cardano, we can see that the $1 level holds a lot of weight. On several occasions. price has reacted to the $1 level and successfully bounced from it. We are yet again approaching that level and we have a number of confluences supporting our bullish reversal idea. We have: - bearish fibonacci target of -0.618 - Corrective channel support - Major structure level $1 Trade idea: - Watch for price to hold the $1 level - On the bounce, enter with stops below $1 - Target the recent highs as first target and then hold the rest and manually manage the position This bounce may be the one that takes us to another ATH - lets not miss this!
by Altsignals
6
Altcoin Market UpdateAn update for the altcoin market including (TOTAL2, and OTHERS) As you can see, on the left, we are still in a very good spot for bullish action Current price can be seen to be very similar to the early days of TOTAL2, providing a nice comparison On the right, the OTHERS chart, also provides similarities to the earlier bull run, and suggests we are heading higher. 0.618 was a previous point of rejection during this massive bull run. If 1.618 is hit this will likely act as a rejection point as well. UP!
CRYPTOCAP:TOTAL2
by Bixley
3
DOT - Multiple Fibonacci Breakout!DOT recently bounced of 2 fibonacci levels. The bigger fib was drawn from the lowest point to the highest point (pink fibonacci). The smaller fib was drawn from the recent higher low to the highs (blue fibonacci). This indicates to us to that there's bullish buying pressure now. We also so a breakout of the red descending trendline indicating to us that the bearish trend has ended. Trade Idea: - Watch for bull flags on lower timeframe - When entered, put SL below the fibonacci level - Target recent highs as first target, -0.27 as second target Goodluck!
by Altsignals
2
AKRO - Another Breakout 🎯AKKRO is currently within a parallel channel and approaching the channel support. The last time we saw similar price action, we broke out in excess of 100%. Anticipating a similar breakout this time round. Trade Idea: - the best place to enter would be at the channel support. If we dont get there, watch for a strong breakout - Stops below the parallel channel - Target recent highs as first TP and channel resistance as second TP Be sure to use proper risk management on this trade as we'll require a bigger SL if we break out early. Keep that in mind. Goodluck!
A
by Altsignals
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POLYLASTIC - See Something Familiar? 🤔POLX is making some really interesting price action. If you look at the price action in the grey box, they look almost identical. The last time we saw that price action, we broke out around 250%! We could be seeing another breakout like this very soon. Trade Idea: - Watch for a break of the descending red trendline - Enter with stops below the major ascending black trendline - Target highs as first TP and then manually manage your other position Keep an eye out for bull flags on lower timeframe for additional entries!
P
by Altsignals
1
SXP - Watch This Breakout!SXP is currently within a channel and anticipating another move up to the channel resistance. We have a red descending trendline in place which we can watch for confirmation. Trade Idea: - Risk Entry now - Safe entry after the break of the red descending trendline - Stops below the channel and 78.6 Fibonacci - Target the recent highs as first TP and -0.27 as second TP. HODL the rest We might be at the start of another bull run so leave one position open!
by Altsignals
2
SOLANA - Watch This Moon!In our last SOL analysis we mentioned that the key area to look for trades would be the structures. Price corrected back to the structure and we had a descending trendline which helped us identify when the correction is over and when the breakout begins. Price rejected the structure level perfectly and broke out! We could be seeing $300 and more! Trade Idea: - You should already be in this from the previous analysis - If not, watch for lower timeframe bull flags and enter with stops below the correction - Target the highs as first TP and then HODL the rest This could blow up loads!
by Altsignals
ETHEREUM - New All Time Highs!In our last ETH analysis we were looking for a rejection from the structure level at 4530 as we were expecting one more move down before the next bull run. Price rejected perfectly and came down to retest the 38.2 fibonacci and a structure level (as indicated in the chart) Trade Idea: - Risk entry now and stops below the 38.2 - Targetting the ATH as first targets and -0.27 as second and HODL the rest As Ethereum and Bitcoin are already moving, we can assume that other Altcoins will be making their move soon too!
by Altsignals
BITCOIN - The Next BULL RUN!In our last Bitcoin analysis we were looking for Bitcoin to come back to the structure and 50 fibonacci. Price tapped the 50 fibonacci perfectly and bounced up. We could be on the verge of a breakout and the next big impulse. Trade Idea: - Watch for a break of the correction and enter with stops below the 50 fibonacci - If we come back down to the 50 fibonacci, enter with stops below the ascending trendline - Target the ATH's as first target and then HODL the rest Big moves coming, don't miss it!
by Altsignals
1
CAKE - Watch For This Reversal!CAKE is showing us some really clear price action and we are approaching a significant level where we are expecting a reversal. We've seen that we previously had a triple bottom from the structure level indicating that It holds a lot of weight. Trade Idea: - Watch for price to come back to the structure level ($10 level) - Once price shows bullish pressure, enter with stops below the structure level - Targets: 17 - 26 - 44 We may get an early breakout and if we do, enter with stops below the recent lows.
by Altsignals
3
VET - Key Reversal Zones 🚨VET is approaching 2 key reversal zones which should be paid close attention to. VET has been making higher highs and higher lows indicated that we are in an uptrend. Naturally we'd want to see another higher low to indicate that we are still in a bullish trend. The first area is the parallel channel support. We already tested the 61.8 fib but we can hover here and spike down a little more before moving up. The other important area is the 78.6 fibonacci where we have structure. Watch for a clear bounce off one of these two levels and enter with stops below the rejected area. Target the recent highs as first target and then HODL the rest.
by Altsignals
3
MKR - Bullish Takeover 🔥From our last analysis on MKR, we had a really nice breakout and then created a bullish correction for a move higher. The play here it to wait for the next bullish correction which will likely come back to the ascending trendline and then entry with stops below the trendline. However, if you want to enter now, you can look for lower timeframe pullback and then enter with stops below 61.8 fibonacci. There's enough room for MKR to move up and we're targeting atleast 6000.
by Altsignals
1
OGN - Trade Within This Channel 💥OGN has been within a parallel channel and seems to be respecting it well. We now have 2 main areas where we can look for buys. Naturally the best place to enter buys would be at the channel support as there would be a clear invalidation level. The other place to look for buys would be the recent structure base that was formed. Trade Idea: - Watch for a bounce off from either of these 2 areas - Enter with stops below the rejected price - target the parallel channel resistance as targets
by Altsignals
1
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!
by Altsignals
2
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!
BINANCE:XRPUSD.P
by Altsignals
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