Altcoin Dominance Bouncing Altcoin Dominance Bouncing of a perfect touch on the 718 fib.
Still a lot of time to load up on Alts. BTC dominance High, BUY ALTS
ATLS
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Could not hold the .50 level, atm.
Found some nice support on the Geo.
Need to regain that level and put the correctives back to pointing down instead of up!
Ideal path from here for the bulls on the chart.
Cheers!
this vaccine trade popped in february 2021, can it recover some?all gas no breaks with a full tank and a full trunk. this covid vaccine stock enjoyed a huge runup to the release of the vaccine, but since has languished on the monthly as it lost over 90% of the price high. im not looking towards this as a long term investment, but im buying the rumor that nvax is announcing new trials or a variant innoculation or at least some catalyst and selling the news of that catalyst as well as the release of the vaccine/start of trial. if we stay above pivot, im aiming for upper horizontals and if we fall beneath it im looking for the lower horizontals. im not looking for a huge long on this thing, just maybe some monthly snap back and a move to close gap.
$SOL 1D alt. chart used for confirmation
trading trendline worked out well
lets see where we go from here
$SOL 4H w EMAs updated last call played out well till the 138.89 line
66.08 was key breakdown
EMAs have been ww especially on higher time frames
watching the box and how we go from there
execute accordingly
Long on ClillzChillz is bouncing off its major support level on a daily time frame. Bounce off the level and movement to its resistance at 0,35 $ is possible.
Sorry but this time btc.d bullishbtc.d going to touch 2 resistance then btc.d dump so take entry in alts in deep wait for the alts correction
And then alt season come we don't ignore the charts pattern truth
AtlsHi,
BTC.D aka Alts dominance has drop recently, this mean some alts have been bullish.
I was expected that the up trend will continue now, but the BTC.D has taken a little break.
I see a possibility that this ALTS market will bleed again soon, maybe from now, because this chart can bounce on the 200EMA ,On the 4H,
And it is also possible that it will go a little bit lower and bounce on an holder trend line, who is supporting a longer trend to the UP side.
Regards
BTC still didn´t break the triangle, good time to enter altsBTC is still inside the triangle, and with BTC lateralizing, and even with BTC breaking it and going to 54k I believe this is a great time
to take advantage of the correction alts are under right now.
Sushi is my first entrance for now, what about yours?
ADA is about to break the 0,38 resistance Ada is forming a couple bullish flags in the process of breaking 0,38. Also BTC Dominance is at 66.
A pump now is very likely, and the 0,32 support is very strong, stay strong and lets break some resistances.
TP: 0,42 - 0,46 - 0,5 - 0,56 - 0,6
Wait for the pull back before panic selling BTC is facing a clear downtrend that on my opinion can last for 2-5 weeks
But never forget that BTC almost always come back to the top forming a double top pattern before another dump.
We can see this pattern many times in the past.
XRPUSD midweek analysisThe Ripple company token is looking quite ugly at the moment. It’s 31 percent down since it peaked at $0.337 on February 14. As of the time of writing, the XRP/USD pair is trading at $0.229, right below the previously stable support line at $0.23. It is of critical importance for bulls to return back into the $0.25-$0.23 zone, otherwise, I fear we might be up for a heavy drop to $0.18 - the lowest point reached since November 17.
Yesterday, we saw the coin breaking below the 50.00 percent Fibonacci level at $0.265, which was successfully repelling the high-pressuring bear traders since February 5. The 50 and 200-day EMAs were also left behind.
My personal feeling is that price will rebound from the area around $0.22-$0.23 as its combining horizontal support with mid-term trendline and it worked quite good as a support zone till now.
In terms of trading volumes, they remained stable in the $2.2 - $2.5 billion zone on Monday and Tuesday, then started to pick up on Wednesday and peaked at $3.2 billion midday.
