Synthetix// Trendline TouchPrice is testing support off of the trendline and also the 78% fib level. In addition to this price has formed a harmonic pattern after the drop to the full retracement level (green zone). Check comments for more.
Altszn
BTC.D//Whats Next? There has been multiple M and W patterns formed within this range for the past few weeks.
I'm fairly new to Crypto so besides market cap and big news, I don't know exactly how many factors affect BTC.D
But I do know, Alts suffer when Dominance appreciates.
-Currently there is a Gartley Pattern printed. However, In my opinion, this is no mans land to trade right now unless its on the smaller TF.
What I see setting up is either a W/Bat Pattern to form at the 0 line, or we form an Overextended W anywhere between -0.272 and -0.618.
Let me know your thoughts on what you see happening next from a technical and fundamental standpoint.
ADA Break // Waiting for RetestStarted to analyze a few cryptos including ADA with purely TA, and I've been managed to anticipate the last 5 swings. Plan on going live for this retest and possible long.
retrace into continuation on $alphastill looking for a retest of the WO, got frontrun lol... Massive Chad coin in itself, true alpha - give orderblock u bitch :)
ALTSZN SOON?!It's a long shot, but up to 3 Head and shoulder could stack and cascading the BTC D drop. These are the level for me to watch.
XVG (Verge) breaks out of 2019 resistance (9857%) 2021 ALT SZN-Yurlo
Picked up this alt here as a suicide bag going into the 2021/2022 alt szn thats yet to come. Think this one could see 9857% return from its entry today.
Close to top of ascending channel (bearish) alts (bullish)-Yurlo
Woke up to a certain alt bag previously posted poppin off, im thinking alt szn really will be starting soon considering BTC has pumped almost a 2x since breaking $20,000 USD.
I called $40,000 BTC (Bitcoin) at $32,000 btw, go check the TA and recent posts.
Please like this post/comment if you support my page. 👍
Bitcoin Dominance still pushing | When will Alt szn start?Bitcoin dominance is strongly trending and so is price. These are two important metrics in identifying a strong BTC Bullish trend. Historically BTC bull markets - and especially the final 'blow-off-top' movement in BTC is accompanied by both price and strong dominance appreciation.
So when will Alt szn come? Let's look at historic BTC price + DOM and compare that from 2017 to 2020
BTC/SZNbtcseason.exe
save sat; bits
What a time to be alive
Dream > Never Sell
hyperinflation is inevitable ?
May be you will do something good with this sats one day ?
if We go higher we will see in the future more btcbank
in bluelines : if not, we May be see one ALT of all this shitty coin can win sometimes ...
Richest people balance sheet in BTC will be made
Which maximalist are you ?1 Orange coin vs Altseason
Today on coinguekcko
Coins: 6019
Exchanges: 408
Market Cap: $449,813,748,595
24h Vol: $79,452,890,716
Dominance:
BTC 64.5%
ETH 10.9%
USDT 3.78%
CoinmarketCap:
Coins: 7 597
Market: 32 255
MarketCap: €374 494 098 803
Vol 24h: €164 455 142 889
Dominance BTC: 64.3%
ETH TO $500 IN SEPTEMBER - BREAKOUT WILL HAPPEN If you're trying to short this "double top" you're likely going to get rekkt as ETH climbs to $500 USD.
After the breakout I'm expecting:
#1: Retest of the breakout level (area of interest)
#2: Consolidation
#3: Fakeout in other direction to trap players
#4: Continuation to side of breakout
Ethereum Strength vs Bitcoin: Providing Alt Seasons since 2017Ethereum strength against Bitcoin (ETH-BTC) continues proving itself as the market leader when it comes to overall altcoin strength. This most recent iteration includes what's nicknamed "DeFi season" including top gainers such as Aave (LEND-BTC) which pulled an over 100x return in less than one year, Chainlink (LINK-BTC), Band Protocol (BAND-BTC), and a handful of others.
From a TA standpoint, the next trouble area lies around 0.039 ETH-BTC, with a potential rest at the next volume node: 0.031-0.032 ETH-BTC. Poloniex chart data was used to provide a macro view starting from 2017.
Targets can easily overshoot due to market FOMO.
Bitcoin Q3 / Q4 2020: Piss off Leverage Traders Even MoreIt's late Q3 / early Q4 2020. BTC traders are still pulling their hair, getting chopped on sideways action, as alts continue moving 4x, 5x against BTC.
Prediction: Bitcoin continues moving sideways as the weekly 21 EMA climbs up to meet price. From then, the trend can resume towards the upside.
MATIC consolidation under long term weekly resistanceIf Matic is able to close above resistance on the weekly(dark red line) I expect a retest then moon time. With Mainnet and staking live as well as a coinbase listing still possible, Matics FA is looking juicy.
Alt Season Market AnalysisKey resistance line to keep an eye on in the coming days or weeks.
A break out of a major 2.5-year bear-market resistance line could confirm the beginning of Alt-Season
When the real altseason might comeDon't bother buying the falling knife for now.
Wait for:
Weekly double bottom
Above daily 200/50 moving average or a cross
Price breaking out of prolonged sideways range
or railway track price action i.e ||||||_||||||_||||||||||||||||||||||
if you must or have to buy alts right now, remember to take profits on every bounce (10~40%).
Example of a bounce trade in a down market:
XRP/USD NEW LONG OPPORTUNITY? DAILY ENGLISHI wonder where oh where BTC will go? 8.3? 8.6? 1m?
Well, right now, we saw a greater drop than I had previously anticipated, but the momentum is dying down it seems as we approach our historic 0.22 zone.
Watch bitcoin heavily to spot a new long opportunity in XRP, if you're a believer.
MoneyGram and Ripple are talking...have been for some time I believe (FACT CHECK NEEDED).
XRP/USD NEW HIGHS ON THE HORIZON? ENGLISHBitcoin is acting up as usual.
After the $100,000,000 liquidation hunt that occurred yesterday, I think we may be looking for an interesting weekly closing candle.
That in mind, in this chart, the orange dotted line is where we should aim to break and hold. That represents the weakest resistance. Should we break that and the following red dotted line, I would like to see a quick push back to 30 cents by the middle of next week, if not by the end of today.
Entry : 0.27676
SL : 0.24722
I chose a riskier stop to avoid the stop hunts that frequent this asset, well, this asset class as a whole.
LOGIC FOR LONG ENTRY :
1. BTC's prospective health prehalving.
2. Broke back above and held support on the 3hr.
3. XRP reached over 35 cents when BTC was meddling around at the 9.9k-10.2k levels, which I expect us to return to shortly, maybe today, or the end of Sunday.
4. Financial sector prospective reform.
5. Top 5 market cap cryptocurrency.
6. "Altcoin SZN BRUH".
7. Practical use case.
8. We are still in a bull market.
