Get started

Altsignals

ALTS MARKET CAP ANALYSIS Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. As we can see in the chart total market cap makes this descending channel pattern and Breakout the upper residence but for confirmation, we need to close the daily candle upside to the upper resistance of the channel. so let's wait and see how the daily candle closes. What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you
CRYPTOCAP:TOTAL2
by CRYPTOMOJO_TA
2
FIL - Familiar Breakout.. 🤓FIL is showing us a price action that looks really familiar. In 2020, we had a descending trendline (black) which broke out and then we had a minor descending correction (red) which lead to a double bottom before we had a bullish run. Similarly, we have having exactly the same sequence of events. The next step based on past price action would be a breakout and a bullrun. Trade idea: - Watch for price to break out of the descending correction (red) - enter with stops below the double bottom - Targets: 114 - 200 - HODL the rest Let us know what you think. Goodluck!
by Altsignals
3
NEO - Reversal Wedge Breakout! 🚀NEO is showing us a nice reversal wedge. We're currently on the E wave approaching the 2021 Impulse Generation Level. We may not get there - if we break early, watch for the descending wedge to breakout. Trade Idea: - Enter on break of descending wedge with stops below the lows - If we make it down to the structure level, watch for bullish PA and then enter with stops below the lows - Targeting the 66 level but will be taking positions off gradually Goodluck!
by Altsignals
2
ICP - The Breakout. ICP is within a descending correction and we're in the E wave now. Sometimes the E wave can fall short so we should be prepared if we breakout early. Risk entry would be a break of the descending trendline. Ideally we'd want ICP to make another low but we should be prepared for both scenarios. Trade Idea: - simply wait for the breakout and enter with stops below the lows - If we drop lower once more, watch for lower timeframe trend reversal patterns e.g. bullish engulfing candles on 4H. Enter then with stops below the lows - Targets: 37, 57, actively manage the rest Goodluck!
by Altsignals
4
POLKADOT - Close To Breakout! 👀Following on from our last post on DOT where we found a divergence breakout starting the bullish wave, we now have another entry for DOT to take it higher. There are 2 ways we can trade this. 1st Trade Idea: - Watch for bounce off double bottom and enter - Stops below the double bottom 2nd Trade Idea: - Watch for a breakout of the red descending trendline - Stops below the structure indicated on the chart Targets: 23.3, 32.3, actively manage the rest. We'll update this chart once there's a breakout. Goodluck!
by Altsignals
9
AVAX/USDT Long Setup for 25% gains Set alerts for the back test of the Middle of the descending channel for a nice long setup . Expecting a strong reaction at the Point of control confluent with the .618 fib pull from last Swing High/Low also standard Fib Pull from the high to low of the whole range .786/.886 . The red box denotes a resistance level where I would be taking majority of profits depending on Volume and candle closes outside of channel . You can always take for example 75% and leave the 25% to run with a trailing stop . In my opinion its always best to trade the range until the range breaks . Ensure to know where you are wrong and remember to always check how BTC is trading before you trade any alts . Please show your appreciation with a Like and a follow for future setups
Long
by SJTRADESFUTURES
2
BITCOIN - Where To SELL & BUY 🔥Bitcoin has almost completed its 4th wave correction. We have one more drop before we reach our buy zone. SELL Trade Idea: - Watch for completion of ABC correction and enter shorts (around the 43k level) - Targets for SHORTS: 40K BUY Trade Idea: - Watch for the 4th wave to complete around the 39K level - When bullish price action appears, enter with stops below that level - Targets for LONGS: 45.6K, 49K, actively manage the rest See below for our higher timeframe analysis. Goodluck!
by Altsignals
3