DOT - Where To Get In 💪🏼We have been bullish on DOT since July and it has proven to be a great coin, moving up over 300%!
We are now at the highs again where we can either reverse from here or blow passed it!
Trade Idea:
Watch for a bounce off the inner trendline and get in with stops below it.
IF we break the inner trendline, the next best place is the outer trendline. Watch for price to correct back to the outer trendline and enter with stops below the trendline.
Altsignals
ChainLink - Check Out This Monster! 🤯ChainLink has been so clean and our signal team caught the perfect retest of the broken structure level indicated on the chart. 0 drawdown!
This crypto has a long way to go! We can possibly go back up the the previous highs of 50!
Our signal was:
LINKUSDT Long
Entry: 28.35 - 29.1
Targets: 33.612 - 38.612 - 46.983 - 52.345
Trade idea:
Watch for a pullback on lower timeframe. If we go back to the channel support, enter with stops below the channel.
Don't miss this trade!
BINANCE COIN - Target In Sight! BNB is almost at our target, which is the channel resistance and -0.27 fibonacci target. Its a great place to take profits and to keep a close eye on. If we push past that level, watch for a simple break and retest and enter again.
If we show some sort of rejection, shorts would be on the table.
See linked chart for our previous BNB analysis 🎯
SHIB - Rocketing! 🚀Shib has been one of our favourite crypto to trade recently. Its been making really clear moves and massive impulses!
We recently got a bounce off the 786 fibonacci which we anticipated and we retested that again. We're only looking for buys. Watch out for corrections and enter and HODL!
CARDANO - Big Move Coming! Our last Cardano analysis played out nicely and we got the drop we expected.
If we zoom out, we can see that price has create a massive impulse in August and now we are currently in a correction.
Anticipating the next impulse very soon. Price has already tested the 61.8 fibonacci so we could be getting a breakout now. However, if we move down once more, watch for a bounce of the wedge support.
BITCOIN - How To Get To 100K 🔥Bitcoin is showing nothing but bullish momentum. Even the break of ascending trendline was corrective, indicating that Bitcoin is getting ready for a major move higher.
We are currently in our second ABC correction of the 3 wave correction. Watch for price to react to one of the fibonacci levels and make its way down once more to the channel support region (Will update again once we're ready for buys).
In the meantime we can look for shorts by looking for rejections at the fibonacci levels and then holding it down to 54-56K.
If price breaks below 52K, the bullish outlook will be invalidated.
SHIB - Round 2. Where To Buy 🔥Our last Shib analysis played out perfectly and moved in excess of 200%!
We now have another chance to get in on this massive bullrun.
Watch for price to come back to the ascending trendline - which price has respected several times.
Wait for the bounce and enter.
Targets:
First target the -0.27 fibonacci level
Second target: The Moon
MATIC - Watch This LevelMatic has been on a massive bull run and we could be seeing a relief period soon. We are approaching the -0.27 fibonacci target which is also the channel resistance.
Looking for bearish price action around the 2.100 to take short.
Please note that until price shows bearish price action, we should treat this as a bull market.
AXS - Watch Out For The Next Impulse 👀AXS has been giving has incredible impulses recently. We are currently in a tidy correction and watching for a breakout.
Trade Idea:
Watch for a clean break of the descending trendline and enter with stops below the correction. First targets being the recent highs and second target being the same size impulse as the first, which would take us to the 200 level.
FANTOM - Over 1000%! When Will It Stop? 😱From one of our first analysis on Fantom, price has moved up over 1000%! We had a few more analysis posted where you could have got in on the way up.
See the linked charts to see all of our Fantom analysis.
Right now price seems to be respecting the ascending trendline. The best bet would be to watch for price to come back to the trendline and enter with stops below the trendline.
Who knows how much higher Fantom can go!
Kishu - Another Shib??KISHU is a dog-based meme digital currency that uses the Kishu Inu dog breed as its charm; similar to how Dogecoin uses the Shiba Inu dog for its branding. ... KISHU aspires to exceed a meme or a joke and serve as an actual currency.
Right now its only listed on the Okex exchange but if this gets enough traction to get on to Binance, we could see it soaring like Shib and Dogecoin!
Even if you don't trade with leverage, buying a few million of this coin and holding it can maybe make you bank! Just have a look at Shib...
THETA - Watch These Fib Levels 🤓Theta has been respecting the fibonacci levels really well for the past 6 months.
We can see an impulse down and then a clear correction which then rejects off one of the fibonacci levels.
We are now in an ascending ABC correction and testing the 50 fibonacci. We may fall from here or we might just push up a little more to hit the 61.8 fibonacci before dropping.
Targetting the recent lows of 3.500.
SFP - Going Parabolic!SFP has been showing us a beautiful parabolic curve which in theory should have an explosive breakout.
The best place to look for buying opportunities would be the bounce off the support. A confirmation of the bullish parabolic breakout would be after the break of the parabolic curve.
ETHEREUM - All Time Highs! What's Next? 👀In our last analysis we marked out the recent correction and anticpated Ethereum to hit all time highs, which it did!
We could be seeing a brief corrective period whilst we accumulate more buyers before we go for another impulse higher.
What to look out for:
- Break of the current impulse trendline will indicate the start of the corrective period.
- Corrective phase will likely be an ABC pattern back to the ascending trendline
- Watching for a bounce off the trendline for the next impulse higher
Please be mindful that we are still bullish, so any bearish movements should be seen as a correction rather than a reversal.
ICP - Seriously Undervalued! 😲 ICP's all time highs were in excess of $600!
Currently its sat below $50 which is ridiculous. Recently we saw price reject the 78.6 fibonacci and created a local double bottom. This is an indicator that price is bullish and we could see a push back up to the $88 by the end of 2021 which would give a return of over 80% in a matter of months!
Once we pass the $48 level, look for the next ABC correction and enter on breakout with stops below the correction.
First targets being the recent highs of $87.
BITCOIN - Next Stop 100K 💸Recently Bitcoin broke all time highs! We had a trendline in place to identify when the next correction period will come. Price broke the trendline and it appears we will be making an ABC correction back to one of the fibonacci levels before the next big impulse which will see Bitcoin soaring!
In Elliot wave theory, wave 3 cannot overlap wave 1. Therefore the bullish outlook will be invalidated if we fall below 53K.
Currently the best bet would be only long opportunities but there may be opportunities to short Bitcoin for the short term back to the fib levels. Watch for clear bear flags if you're entering for the short term.
We are looking for buying opportunities between the 54k to 57k.
SANDUSDT Technical Analysis⏳ Spot
💎 SANDUSDT has formed a symmetrical triangle and after the breakout by a large green candle it can go down for the retest and then continues the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.7580
☕️ TP1 0.7920
🍺 TP2 0.8200
🍻 TP3 0.8500
🍾 TP4 0.9000
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.6800
Good Luck 🎲
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ALGOUSDT Technical Analysis⏳ Spot
💎 ALGOUSDT has formed a symmetrical triangle, the price has got rejected from the bottom of the triangle, I expect it to move higher and after the breakout we will see a bluish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.6969
☕️ TP1 1.8200
🍺 TP2 1.9000
🍻 TP3 2.1000
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 1.6000
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
NASDAQ - The Perfect Impulse - Correction - Impulse Nasdaq has been showing very clear impulse and corrections. The corrections appear to be always an ABC contracting triangle.
We could in wave A of the ABC correction now.
The trade to look for is the impulse after wave C, which is the big move. However we can capitalise on wave B now. Watch for a bounce off the channel support. We've seen that wave B has a correction midway through the move which would be a good point to put trades at BE.
Due to the uncertainty in world economics, it is imperative to play this one safe and use proper risk management.