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Altsignals

LITECOIN - Best Place To Enter 🎯Its been a while since we looked at Litecoin. The last time we looked at Litecoin, we had a double bottom and we broke out of the descending trendline indicating bullish momentum. Even though this has been moving in the right direction and has made a 50% move from our last analysis, it's been moving slower than other cryptocurrencies. We may however see a really nice move coming soon once we get this retracement period out of the way. We are currently in an ascending correction which is often a reversal pattern - even for the short term. Price may come back down to collect more orders and then move on up! The best place to enter would be the $150 level where we have previous structure. Please note that it is possible that price can react to the ascending trendline and bounce off, so keep an eye on that too! Targets: $210 (Previous structure)
by Altsignals
LITECOIN - Best Place To Enter 🎯Its been a while since we looked at Litecoin. The last time we looked at Litecoin, we had a double bottom and we broke out of the descending trendline indicating bullish momentum. Even though this has been moving in the right direction and has made a 50% move from our last analysis, it's been moving slower than other cryptocurrencies. We may however see a really nice move coming soon once we get this retracement period out of the way. We are currently in an ascending correction which is often a reversal pattern - even for the short term. Price may come back down to collect more orders and then move on up! The best place to enter would be the $150 level where we have previous structure. Please note that it is possible that price can react to the ascending trendline and bounce off, so keep an eye on that too! Targets: $210 (Previous structure)
by Altsignals
1
CARDANO - Back To All Time Highs 🚀In our previous analysis, we identified a parabolic move that we were watching for a breakout and a retest before moving up. Price retested our structure level and moved up 60%! Again, we are looking for a correction to get another entry. We have our structure level in place 1.85 where price has reacted to previously. We also have an ascending trendline which price seems to be respecting. The best place to look for entry would be the point where the structure and trendline converge - as marked out in the chart. Please note that price doesn't have to touch where both trendline and structure converge. It could just move down aggressively and touch the structure only before moving up. Targets: All time highs.
by Altsignals
CARDANO - Back To All Time Highs 🚀In our previous analysis, we identified a parabolic move that we were watching for a breakout and a retest before moving up. Price retested our structure level and moved up 60%! Again, we are looking for a correction to get another entry. We have our structure level in place 1.85 where price has reacted to previously. We also have an ascending trendline which price seems to be respecting. The best place to look for entry would be the point where the structure and trendline converge - as marked out in the chart. Please note that price doesn't have to touch where both trendline and structure converge. It could just move down aggressively and touch the structure only before moving up. Targets: All time highs.
by Altsignals
1
XRP - Correcting For A Bigger Move! 🤑The last time we analysed XRP, we were waiting for a bounce off the 0.77 level to take us back to the channel resistance. Price reacted perfectly to our 0.77 structure level and blew past the channel resistance for a total raw gain of 75%! We may be seeing a deeper correction now before we have another move up. We have 2 clear areas where we are looking to get another entry for XRP. First area: 0.95 level + Structure + 50% fibonacci + Retest of broken channel + Ascending Trendline Second area: 1 to 1.05 + Structure + 38.2% fibonacci + Ascending Trendline Targets: Back to all time highs! Watching how price moves back to one of these 2 areas.
BINANCE:XRPUSD.P
by Altsignals
XRP - Correcting For A Bigger Move! 🤑The last time we analysed XRP, we were waiting for a bounce off the 0.77 level to take us back to the channel resistance. Price reacted perfectly to our 0.77 structure level and blew past the channel resistance for a total raw gain of 75%! We may be seeing a deeper correction now before we have another move up. We have 2 clear areas where we are looking to get another entry for XRP. First area: 0.95 level + Structure + 50% fibonacci + Retest of broken channel + Ascending Trendline Second area: 1 to 1.05 + Structure + 38.2% fibonacci + Ascending Trendline Targets: Back to all time highs! Watching how price moves back to one of these 2 areas.
BINANCE:XRPUSD.P
by Altsignals
1
BITCOIN - Where To Get In 💰Since the end of July, Bitcoin has been making really nice moves to the upside. We have cleared a very important level 42K which held Bitcoin back significantly since the end of May 2021. We have to ask ourselves, where is the most probable area that Bitcoin may find support. It is clear that one of the areas we can look to buy is the aforementioned 42K level. We have the ascending trendline as well as the structure supporting 42K level for a reversal. If we break below 42K level, we may see prices such as 40K and even 36K before we see some sort of reversal. For the meantime, monitor the 42K level and watch for bullish price action.
by Altsignals
2
BITCOIN - Where To Get In 💰Since the end of July, Bitcoin has been making really nice moves to the upside. We have cleared a very important level 42K which held Bitcoin back significantly since the end of May 2021. We have to ask ourselves, where is the most probable area that Bitcoin may find support. It is clear that one of the areas we can look to buy is the aforementioned 42K level. We have the ascending trendline as well as the structure supporting 42K level for a reversal. If we break below 42K level, we may see prices such as 40K and even 36K before we see some sort of reversal. For the meantime, monitor the 42K level and watch for bullish price action.
by Altsignals
5