ALTSeason 2023: TOP 10 Altcoins I'm WatchingHi Traders, Investors and Speculators of Charts📈📉
In my recent DOGEUSDT post, I explained the dynamics of how money constantly rotates in the crypto markets AND how the BTC halving affects this phenomena. If you missed it, check it out here:
In short, after BTC rallies and cools down with a period of sideways trading, you can expect to see rallies across the Altcoin market, usually in order of market cap. Since we've already seen the higher cap alts rally like LTC and SOL; we can now expect to see parabolic rallies on "random" smaller-cap altcoins across the market.
Note that is is not for the immediate term, in other words not TODAY, but alts that can potentially go parabolic between Q3 and Q4 of this year. Here are the top ones that I'm watching:
1) DOGEUSDT (although not a small-cap, I'm super bullish on DOGE)
2) BATUSDT
3) NEOUSDT
4) GLMUSDT
5) HBARUSDT
I will update this chart over the next few days with the next 5, stay tuned
NOTE that the price-range tool is not intended to indicate the date, NOR does it indicate that I expect the price to go up in a straight line. Allthough the price has gone up in a straight line before, the altcoin market is more mature than last time. These are REALISTIC targets as the price has been there before, however you will need PATIENCE to get there. This post is mostly for those who accumulate with their eye on certain targets, in other words the HODLERS.
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CryptoCheck
BINANCE:DOGEUSDT COINBASE:DOGEUSD BITTREX:NEOUSD BINANCE:NEOUSDT BINANCE:BATUSDT BINANCE:GLMRUSDT BYBIT:HBARUSDT.P BYBIT:HBARUSDT
Batusdt
BAT, Imminent Price Growth after weekly breakout!BAT recorded significant net buying / accumulation this past few days warranting a +40% surge on its recent low from 0.15 to the current range at 0.21.
On weekly data histogram, the coin registered higher lows -- where the gap between the last histogram "shift" and the last one was 6 months (last January 2023). This is a huge hint of a reversal. A weekly descending trendline has been broken conveying a turnaround season for the coin.
Pricewise, it is sitting at a 1.0 FIB level, this is beyond bargain / discount already. The range is currently hovering around a 3-year long standing strong support. Expect some significant price growth from here on.
Spotted at 0.20
TAYOR.
Safeguard capital always.
BATUSDT - Parabolic Fractal +740%🦇Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
For the longer term , Basic Attention Token is another altcoin I am extremely bullish on - and it's currently trading in an ideal accumulation zone ! What I expect for BATUSDT is similar to a scenario that played out in November 2020 - April 2021. Notice that this occurs over a longer period, where the price of BAT went from $0.16c parabolic to $1.64 at its highest point. Therefore, the price must first fall lower towards the bottom of the support zone where there is a large demand zone . In other words, DOWN first, then UP.
Interested in Litecoin / LTCUSD ? Check out this idea, which is currently playing out 👀
Why LTCUSDT Can Increase Another +50% 📈
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BAT - Breakdown of daily channel
BAT has been in a channel for ~45 days with a few attempts to break out to the upside but were pushed down by sellers.
On the 12H we can see it broke down out of the channel, retested and had a bearish candle after retesting.
I'm going to be opening a short with a TP at the golden fib line.
BATUSD - BATUSDT Idea!BATUSD | BATUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Has the rising wave started?A correction that should be seen to which areas it reacts
It is updated in each of the regions
⚠️ This Analysis will be updated ...
👤 Banipal : @hosseinbakrani
📅 02.14.2023
⚠️(DYOR)
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Basic Attention Token BAT/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I copied the chart from Coinmarketcap since tradingview doesn't have the full historical price data of BAT.
The start of this wave 1 begun around .07 cents and wave 5 ended at $1.9. On this chart I have drawn a completed WXYXZ wave cause I think the bottom is in.
We do have a possibility of another leg down to .09 cents. However, I think that is very unlikely, but I will show you that in an updated chart below zoomed in.
From today's price the R/R ratio is 18.
Possible upside 1137%
Possible downside: 63%
Wave 1 on the bigger trend took us 4 years to complete.
Wave 3 on the bigger trend should take us at least 4 years. My estimated guess is about 6 years. JAN 2023 - DEC 2028.