Season
ALGO, the silent mover, has a lot of room to go UPBeen following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice, this is just my theory and practice.
Invest at your own risk, and follow your gut feeling.
long awaited alt szn, close to being confirmedGood evening friends, happy new year!
I see this as an opportunity to come back into publishing some ideas again after the holidays.
But we both know I didnt do much anyway, so thats just an excuse!
Well, yes and no, as much as I didnt do much for the holidays I am getting my bags ready to move back to Brazil after 15 years living in the USA.
Anyway, what I wanted to point out here is a simple race that could show us if this is the start of a big and long awaited alt season.
The race between the red rsi and white energy has started and what we need to happen is: we need the red rsi on the higher time frames to close below 50 before the white energy on the lower time frames close above 50. So now we need the white energy on the 3h to stay below 50 so the rsi on the 6h close below 50.
On my last BTC.D publication I mentioned the 4D could be exhausting and maybe this right here holds the key to freedom for them alt coins!
poor bastards, they suffered this time xD
Trade thirsty my friends!
FNGU Undergoing Seasonal DowntrendFNGU tracks the NYSE FANG+ Index ans the NYSE FANG+ Index almost always starts a downtrend in mid December, which last until the first week of January when it resumes an uptrend. Since this is what almost always happens, it is safe to assume it'll repeat the same process. So entry into FNGU is idea on the final trading day of the year unless the downtrend ends sooner, which has happened before.
Alt Season Q1/Q2 of 2021In the previous market cycle, we saw ETH explode relative to BTC shortly after BTC touched it's ATH.
I expect the same pattern to play out this time around.
ALTPREP when Alts season resumes?Now , or later? I think reset of 3D RSI is due for a new ALTPREP high. This is not as a clear cut prediction as in September when price was consolidating and gaining strength.
Bitcoin Dominance Chart Rejection.... Alt Season?Major Trend currently showing a rejection of the Bitcoin Dominance. If 1D candles close below this trend line I will assume a rejection is underway and prepare for a major Alt Season! Indicators look soft as well.
XRP UFT MATIC on my radar. Check out the coins on PayPal ETH, LTC and BCHabc could do really well, not financial advice.
BTC Market Cap MOON MissionThe second cycle we are seeing appears to be a more powerful version of the first. I believe this money will flow into the extremely oversold alts before rugging them again around summer time.
btc refresh As i showed the idea on Summer - here you can check on Tradingview - the same scenario in a game.
1-2 month for a correction and a smal Alt season in near Future.
but before that - a correction!
So be ready.
All Time High we will see soon. in 2021
12.2.2020 - Enigma (ENG / BTC)Hi Traders!
In the last two analyzes, we have focused on bitcoin and so far have been wonderful! Today is the time for a smaller altcoin.
As a potential profitable candidate, we choose Enigma today. On the chart, we can see 3 basic cycles on the market. The bull market, bear market and sideway movement. At the moment, ENG creates bigger highs and bigger lows and has 2 very strong resistances on its way:
1. Trendline
2. MA200 on the daily chart
If we cannot break through these resistances, it will not look well at all and support may not help. We have been trading a lot in similar situations in the last few weeks and have mostly gone up. This should be a similar example.
However, the market must be seen as a whole and bitcoin is slowly approaching our target. At the same time, its dominance is declining, which must also be taken into account.
However, Enigma is a beautiful example of an altcoin that has a very nice chart and a breakout should come soon. It's one of the cryptocurrencies that is currently worth watching.
May the crypto be with you!
COULD IT BE MORE CLEAR?Bitcoin dominance is clearly laid out in elliot waves. Alt season is here?!
Who knows?
Good luck!
TWO OPTIONS FOR BTC DOMINANCEHey everyone!
I wanted to update you on two option for the BTC DOMINANCE on the 3-Day.
With BTC dominance struggling to get above 71% & 73% it is possible that ALT SEASON is upon us. However, be ready. BTC can blast off at a moments notice leaving ALTS in the dust.
So, these are the two options I see for BTC dominance over 2020.
Be ready.
Who knows?
Good luck.
*Not financial advice*
EOS-USDT/USD pullback anytime... Like that weird lobster General said in Star Wars:
"It's a TWAP!"
Good returns on EOS and other markets lately, looking healthy but some cooling off needed for a few days to a week at least. Bearish divergences showing up on some of the best indicators. If you're day-trading, take your profits and wait for pullback. Happy Hunting :) :)
Simple Bitcoin Ultimate Forecast into 2020Capitulation is basically when Miners stop mining and sell some of their bitcoins to keep operations going.
However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes.
It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak.
Power consumption costs are higher during the winter time as well.
So with that said the ultimate guide and advice I am giving myself is to play it short, wait for capitulation cycle to open and and buy all in as the capitulation cycle is closing.
This chart is an emulation scenario of the next "possible" 50% drop
***I am not a FINRA registered agent or broker (As of Yet) and this is not financial advice, Please always do your own research, As Bitcoin is a highly volatile asset.***
BTC heading to break out channelALTs sell off will come soon. BTC is ready to break out channel throught support line. It is great thing cause it will lead to huge panic! Have fun bitcoin maximalists^)^
BITCOIN to $2,550 before MOONHere we can see a potential abc correction on Bitcoin, I think it is a very reasonable scenario expecially after the death cross. Many alts are likely to be whiped out. BTC dominance above 80%. Only then.... The Moon.
Lean Hogs Futures Price Pattern from April to July Each Year April and July are key months in price action for lean hogs. This past year it seems people got smart and tried to pre-trade the historical trend, as evidenced from the earlier upswing to the earlier downswing.
Altcoin Season Ends Before the End of the YearBitcoin dominance is falling rapidly, which shows growing interest in Altcoins, especially top Altcoins which have enabled Margin Trading.
From what it seems, the alt season has already started, but it might not last that long. According to my analisis BTC.D will continue to move down, towards 60% dominance till the end of this year.
Then BTC might take the lead once again.... BUT, if the support will be broken, this will be indication of a growing interest in blockchain overall, and BTC.D might go down to 30-40%. This would be a true paradice for TOP Alts.
BTC Dominance (1D): Alt Season Soon!BTC Dominance fell off the bearish wedge. RSI is showing a triple divergence. Looks like alt season is around the corner. Good luck everyone!
