$Blok bloktopia metaverse project potential bottom moonBloktopia alpha is launching now, just tweeted out the alpha emails are going out 10 minutes ago. Lots of fud and naysayers have been on this project so now having this alpha launch finally happen is an interesting moment - for btc and the crypto markets in general it’s also great timing. If this is the bottom for btc then it’s certainly a bottom for bloktopia, here’s the tweet - twitter.com
Altsignals
GALA - It's Official. Bulls Have Stepped In!We have a really nice Elliot Wave schematic playing out for Gala. We started the Bull Run Mid January when we completed the ABC correction. We are now seeing a 5 wave impulse higher and currently in wave 3.
Trade Idea:
- Possible entry now with stops below the recent lows
- Targets: 0.545, 0.82, actively manage the rest
Goodluck!
UNISWAP - REVERSAL WEDGE ✅In our last analysis of Uniswap, we identified the reversal wedge. We had an extended E wave but we stayed within the parameters of the wedge and it appears we will be breaking out very soon!
Trade Idea:
- Possible entry now with stops below the recent lows
- Confirmed breakout entry after breakout of descending wedge
- enter with stops below the lows
- Targets: 28, 44, actively manage the rest.
Goodluck!
VET - BUY AND HOLD.Following on from our last trade idea on VET where we were expecting more downside before the big bullrun, we are now at the perfect place to buy with very minimal downside and major major upsides!
Long Term BUY Trade idea:
- Enter with stops below the recent lows
- Target the wedge resistance as first target
- Target ATH as second target.
- HODL the rest
Goodluck!
FLM - 500% To Be Made! 🤩FLM had a massive impulse in 2021 and corrected for the latter half of the year. We were in a descending ABC wedge and we ended that wedge with a descending abcde wedge. Looks like the next big impulse has begun!
Trade Idea:
- Enter with stops below the lows (below 0.15)
- Targets: 0.70, 1.20, actively manage the rest
Goodluck!
BITCOIN - Bulls Almost Ready! ✅Bitcoin saw a nice impulse wave which followed every rule of Elliot wave theory. We are now in an ABC correction and anticipating the next move higher. We tested the 0.88 fib perfectly. We could just move up from here.
IF we move lower, pay attention to the double bottom area.
Trade Idea:
- Safe entry after break of descending red trendline
- stops below the most recent lows
- Take profits at 45.5k and 49-50k, 59k
Goodluck!
SHIB - Buy On Break! SHIB recently rejected the 78.6 where we believe it has found its bottom. We are now waiting for a breakout of the ABC correction that we're currently in.
Trade Idea:
- Enter on breakout
- Stops below the lows
- Targets: use the swings as targets with ATH as main target
Goodluck!
DOGECOIN - Return Of The Doge 🐕Dogecoin saw a massive impulse in 2021 and now we're on the verge of what could be a similar sized impulse.
We're in a descending ABCDE wedge now and almost at the wedge support where it would be the best place to buy.
Trade Idea:
- Watch for bullish pressure at the double bottom or wedge support
- Enter with stops below the lows
- Targets: 0.34, 0.5, 0.72, actively manage the rest
Dogecoin 4H
Goodluck!
KISHU - READY TO BREAKOUT 🚀The long awaited breakout for Kishu is here.
We're in a descending correction and approaching the final lows. Massive potential for a move up!
Trade idea:
- Watch for bullish price action at the double bottom or wedge support
- enter with stops below the lows
- strap in for a massive bullrun!
KISHU 4H
Let us know what you think.
Goodluck!
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!
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!
RIPPLE - SELLS DONE ✅ BUYS READY ✅Ripple has reached our buy zone and now we're looking to buy XRP. For a safe entry we will be waiting for the breakout of the red trendline.
Trade Idea:
- watch for a breakout of the red descending trendline
- Stops below the recent lows. Safer stoploss below the 0.54
- Targets: 0.9, 1.14, actively manage the rest
Goodluck!
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!
ETHEREUM - 5th Wave BUYS ⚡️Ethereum already started its bullrun and we are currently seein the 5th wave of the First impulse. Expecting the 5th wave to be 5 waves.
Trade Idea:
- Watch for breakout of the current bullflag
- Enter with stops below the bullflag. For safer stops, put it below the structure level
- Count the next 3 waves (of 5) and exit on the 5th wave.
Goodluck!
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!
GALA - BREAKOUT 🔥Gala is creating the perfect price action for a breakout. We are currently in the 5th wave and seeing a nice bullflag.
Trade Idea:
- Watch for a breakout of the bullflag (red trendline)
- Enter with stops below the bullflag (below structure for safe stop placement)
- Target the recent highs as first target, actively manage the rest
We will update this chart - keep an eye out!
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
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!
RIPPLE - Check This SHORT Out! 🤩We recently saw the first wave of the impulse (which was a 5 wave impulse). We are now in the second wave, which is a corrective ABC wave.
We can still capitalise for the short term during the corrective phase.
Trade Idea:
- Watch for bearish price action at one of our sell zones
- Enter with SL just above the price rejection
- Targets: 0.75, 0.7
Let's make some quick gains.
Let us know what you think below.
Goodluck!
BNB SHORTBNB and all alts are in a small downtime and also today is Sunday while tomorrow is Monday can be bloody too , I have entered BNB short around 402 today and will continue to ladder till 415 while a sl can be stepped at 435-440 my first take profit will be around 375 which was last low and can be ladder to more low if situation got worse. I believe there are much more fundamentals this time then analysis, always I recommend to trade according to your own idea. I am here not giving any financial advice its just my trade that I am showing to you , your loss will be your only while your profit will be yours only
THETA - TO THE MOON 🚀In our last post, we had 2 areas of interest where we would buy THETA. See below:
Price came down to the lower buy zone and bounced off perfectly! We are currently up 60% from that reversal zone.
Looking for continued bullish momentum. Please note that on the off chance we reject the descending trendline and make an ABCDE descending wedge, watch the double bottom area for a reentry.
Lets take this to the moon.