SHITPERP to $975 and aboveIt's alt season and now is a good time to buy altcoins while they randomly pop off. If you don't know what to buy, an index of the lot is ideal.
Here is the list of coins that comprise the index for $SHITPERP, $BULLSHITUSD, and $SHIT0327:
help.ftx.com
Note that shitcoin in this context doesn't mean poor FA, merely low market cap coins. I like some of the coins as they performed amazingly last time. ICX, XVG, BCD, NANO, XZC are to include a few. Some have yet to pop off.
Price just hit the midpoint of the daily range and the time is past 1200UTC, which has been a bullish trend for a while now.
As an addition if you're bearish, this would be a great long hedge if you're short bitcoin. Check the NVT Signal level right now:
If this proves to be be a bearish level like 2017, it would mean alt season actually has just started and there is more to be made in altcoins vs. bitcoin.
Altszn
BATBTC, 2x- 3x from hereIf BATBTC can maintain above the current Phantom Script Daily Midline,
I'm expecting a big move,
T1, %100 ROE from here
T2, % 350 ROE
RBI, breadth indicator still bullish on K/D cross (green line above red)
RBI, Signal line, (white line) just signaled a cyan buy, aka incoming turn.
Phantom midline is support,
My current stop loss 2286
Indicators used by: @CoinObsAlgos
-Phantoms script
-Relative Breadth Index
LONG - DNT - Trading OpportunityBreaking out of the ma200 for the 3rd time, after touching the low range support of 60 sats. Volume coming soon.
Entry: 0.00000076
TP 1: 0.00000090
TP 2: 0.00000111
SL: 0.00000066
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LONG - CMT - Trading OpportunityHidden Bullish Divergence on BINANCE:CMTBTC with MA200 reclaimed seems like this is gonna be an easy reversal back to these previous highs.
Entry: 0.00000211
Target 1: 0.00000226
Target 2: 0.00000246
SL: 0.00000203
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
XZCBTC- What a Morning!After running the scanner we determine that soon Alt season would be back with potential Growth. XZCBTC has been consolidating for some time. After massive corrections we expect a Run in Alts just like BINANCE:MCOBTC , BINANCE:ARKBTC & BINANCE:RENBTC
CORRECTED! $XVG #VergeCurrency Macro Elliot Waves - Wave 3?I had to redo my EW attempt because my original one failed 2 of the 3 Cardinal Rules of EW Theory:
Rule Number #1: Wave 3 can NEVER be the shortest impulse wave
Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1
Rule Number #3: Wave 4 can NEVER cross in the same price area as Wave 1
I would like to hear your thoughts, comments, suggestions, etc.. and would love to see any long term EW charts you may have of other low cap coins like $HOT, $NXPS, $BTT, etc..
I feel we are at the bottom and cryptos which are in continuous development like #Verge have tremendous promise to change the world.
$XLM #XLM Stellar - Pls SirLooks like a bottom, smells like a bottom, tastes like one too... I don't trade bottoms though...
"I never buy the bottom, and I always sell too early" - Jesse Livermore
If we can get above the red box, I'm a believer in alt szn (kind of a joke)
Even if Peter Brandt's current narrative of 80% decline in Total Market Cap comes true, the top coins could still rise
If this happens, I would expect the beginning of the end for 95% of the scam projects in this space, and the thriving of the remaining 5%
Do you think you'll be holding one of the coins in that 5%?
"Dot com bubble as the narrative" - Peter Brandt
Seriously though I wouldn't touch any alt coins with a 10 foot pole until further confirmation of where the market is headed
When alt/btc pairs pump while btc/usd dumps, you must question whether or not you should even be in the market... Why? Because even if your argument during these types of movement is "Well my goal is to accumulate more BTC, not USD"... You can usually make more BTC by just holding a stable fiat/USD position (i.e. not being in the market), and just purchasing more BTC for less dollars after BTC drops, but with much less market exposure and much easier to apply Risk Management
#BTC.D #BTC Dominance H&S! - Would be funny if it played outThis would honestly be hilarious if this BTC.D plays out as a H&S and alts begin mooning... especially after everything I've posted recently on Twitter regarding the doomsday scenario to stay objective towards and watch out for
I am still directional bearish on the entire market in general right now, but we are still technically in an area of consolidation so I wouldn't be shorting if I was trading right now (which I am not.. I am out of the market 100% in USD right now)
And jfyi a dominance chart should not be treated like price action, hence why it would be so funny if this "head and shoulders" played out
ALTSEASON or Not ?!?!TOTAL2 now holding it's trendline from december 17 2018 and also have 200MA weekly support line which is ultra strong. BTC Dominance is really high and PROBABLY TOP-ED which means soon the money will flow into altcoins.The grey box is the huge resistance zone and after the moontime for altcoins will come. It's important to check often this chart. Don't forget,if the trendline will HOLD..we will see a really really nice altseason soon. Good luck!
RVN is about to start ALT SZNBTC has just broken 11k. If it bounces around between 10.5k and 11.5k alts will likely get a massive inflow of new cash.
RVN is at a major support and is primed to take off. Not sure how many indicators you need to realize this is a great opportunity.
Going long from here and holding for a bit or until BTC makes another large move.
-Kushgma
Will $WPR follow other alts pattern?Seems like a lot of alts have the same A&E bottom pattern.
Also 50 EMA close to crossing 100 EMA, last time this happen WPR was at 1600sats.
Targeting ~20% profit