Tether Dominance Looses Major Support, Bitcoin To The Moon!USDT.D Gapped down today and after some strugle with EMA100 (blue line on the chart), the bears came out on top...
This is good news as Tether Dominance drops Bitcoin grows.
We are open to see a $4,000 USD day on Bitcoin maybe this same week.
Looking at the bearishness of the USDT.D chart, gives confirmation.
The next support that will be challenged will be 5.60% follwod by 5.26/5.05%.
With such a huge drop not only Bitcoin will grow but the entire cryptocurrency market is about to enter an impulsive bullish phase.
Namaste.
Tether
STEPN Trade Signal (122% Potential Profits)STEPN (GMTUSDT) just hit a new All-Time Low recently and it is showing some early signs of recovery.
Based on this chart setup, a trade can be opened with calculated risk.
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ENTRY: $0.7255 - $0.8250
TP1: $1.0250
TP2: $1.1590
TP3: $1.3280
TP4: $1.5970
STOP: Close daily (D) candle below $0.6710
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This is not financial advice.
Make sure to do your own research before trading.
Thanks for the support.
Namaste.
1Inch Network Early Call (125%+ Potential Profits)It is still early for 1Inch Network (1INCHUSDT).
Today it moves above EMA50 which is the main indicator for us to determine mid-term bullish bias.
Once any Altcoin trading pair goes above EMA50 on the daily timeframe, coming out of a low, you can expect strong growth before the next correction comes.
The easy/conservative target we set at 58%.
Up to 125% is possible yet we have to wait a bit longer to see how it will all develops but this is what the charts are calling for.
If for whatever reason things change, we adapt and take the actions necessary to still come out ahead.
Namaste.
Theta Fuel | Bottom Signal ExplainedI mentioned how to spot a bottom based on the volume profile of a trading pair on the Ethereum Classic chart.
The volume was low on ETCUSDT so the picture wasn't clear, we can have a better look at it here.
Theta Fuel vs Tether (TFUELUSDT) Bottom Volume
Looking at the volume for bottom/support confirmation.
If we look from January through March 2022 we start with low/flat volume.
There is a spike in bear volume in March before a bullish wave.
The bear volume before the bullish wave predicts the capitulation phase.
After March 2022, volume goes down again as TFUELUSDT starts to drop...
A panic force takes over the market and bear volume is at its highest around mid-May, on the first major low.
Here is the signal...
TFUELUSDT continues crashing and ends up in a lower low, 15-June, but this time the bear volume is lower compared to May which tells us that the bearish momentum is lost.
Right after the lower low in mid-June, strong buy volume shows up...
In fact, the highest volume ever on this chart.
This is the bottom signal explained based on volume.
This type of volume dynamic points to a low/support being established, as this happened prices can now grow.
Additional bullish signals at this point can support the bottom volume profile analysis.
Namaste.
Uniswap Looks Really Strong (150% Easy Target)This is a very strong chart we have for Uniswap (UNIUSDT).
We can see a long-term higher low.
Nov. 2020 vs Jun. 2022.
The 13-June weekly candle ended in a Dragonfly Doji with the highest bull/green volume ever.
Last week UNIUSDT closed above EMA10.
The RSI moved above 40 (strong on the weekly).
Finally, we have a falling wedge pattern already breaking bullish...
All that is left is for prices to grow.
Below $3.30 is the stop.
And the targets/resistance levels can be found on the chart.
Namaste.
Siacoin Prepares To Pullback (185% Target Mapped)After 5 weeks of consolidation Siacoin vs Tether (SCUSDT) is preparing for a pullback.
This is marked with a black arrow.
Notice the trading volume has gone to basically zero compared to last year.
As the volume dries out the market trend can start to change.
We can also see the RSI hitting a low and starting to curve upwards...
This weeks candle is about to close in a Dragonly Doji, another strong reversal signal.
This comes after a -9 on the TD Sequential...
All these are bullish signals after a new low is hit/support.
Reversals can only happen at support.
So when the chart is super bearish;
When the market sentiment is super low;
That's when the market turns and grows.
Namaste.
DigiByte Enters Accumulation Phase (200%+ Potential Profits)Looking at DigiByte (DGBUSDT) we can see high volume 12-May, high volume 7-June and high volume yesterday, 16-July.
Yesterday's price action is very telling.
We have strong bear volume yet prices remain above EMA10.
When we see a pair trading near support with high volume yet its price remain ranging, this tells us that this pair is in the accumulation phase.
What follows the accumulation phase is a breakout...
Namaste.
Bitcoin's Pitchfork, MA200 & $25,222 Next Fib. Based TargetHello my fellow cryptocurrency trader, I am hoping you are having a great weekend/Saturday.
Bitcoin is doing good today.
Please allow me a few minutes of your time to read this chart...
See how MA200, the black line on the chart, was first challenged and then tested as support.
Now BTCUSD on the 4H timeframe is trading above this level which opens the door for additional growth.
Based on the Fibonacci extension tool, the next target is set at $25,200+.
We also plotted a pitchfork, giving us multiple trendlines that can work as resistance and support.
On top of these signals we have a volume breakout and the RSI strong.
This is only the beginning...
Believe it or not it is still early.
We are expecting additional growth.
Namaste.
Avalanche Bottomed Out (222% Potential Profits)Bottomed out pairs are the best...
Once we reach bottom, the only place left to go is UP!
AVAXUSDT (Avalanche) hit a low on the week of 13-June and is now starting to recovery.
The give away on this chart is the trading volume.
Notice the huge increase in trading volume after May 2022.
And after June, we start to see some green too.
What comes next is 222%.
Namaste.
XRP USD : AND THEN THIS ONE TIME XRP WENT FROM $0.40 TO $40.00FOLLOW ME FOR MORE UPDATES AND ANALYSIS, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT.
XRP is looking extremely bullish to me. Its been in the massive cup and handle formation for the past few years. The measured move would bring XRP to at least $40 and probably higher once the FOMO sets in. Also there is a Bull flag on the shorter term time frame that would give XRP a measured move to about $8 then there will be a correction and then straight up to $40 bucks to complete the measured move. XRP is in a great accumulation zone as you can see distribution flipped to accumulation whilst the MACD and Stoch RSI are heading up. A big move is in the works. dont get caught up in all this bearish crap everyone is talking about. Its suddenly like everyone is running around like the apocalypse is coming, its kind of comical to watch. Nothing new is happening, this stuff has been happening for many many years even before most of us were born. Anyways I digress, good luck out there everyone. This is not financial or trading advice this is just my opinion.
Tether Dominance Strong Bearish Signals Bitcoin Soaring!Now we are back to the candlesticks and we have strong bearish signals on this chart.
This is the daily timeframe/peridiocity for USDT.D.
We have a lower high 13-July compared to 18-June.
Prices trading below EMA10 and EMA21.
As EMA50 works as support, this level is being weakened the more it is challenged.
(USDT.D daily now trades below EMA50)
The RSI has gone below 50 (bearish) while USDT.D values are high.
Today's candle is already displaying an upper wick, signaling bearish pressure.
It looks as if a strong drop can happen within days...
This would be equivalent to Bitcoin going through the roof.
On the 4H timeframe, we can see bearish momentum building up.
A strong rejection at MA200...
As USDT.D drops, Bitcoin grows.
Namaste.
Litecoin vs Tether (Weekly & Daily)By the request of one of our great followers, I am doing Litecoin vs Tether (LTCUSDT) today.
Here we go...
Weekly, we look first at the harmonic pattern:
On this same peridiocity, we have two reversal candles:
These reversal candles come after a -8 on the TD Sequential, giving more strength to the signal as a reversal signal.
These are strong signals and both are pointing to a pullback.
The weekly RSI is also at its lowest ever.
The daily timeframe is the main chart above and some of the signals we see on the other major altcoins charts are present here.
The "same pattern".
Prices moving above EMA10 while challenging EMA21.
And a strong increase in trading volume after June 13.
These signals are not very strong but the Altcoins market tend to move together and many Altcoins from this same group are already trading above EMA50 and EMA100.
While Litecoin doesn't necessarily needs to follow, this is the most likely scenario.
Conclusion?
Litecoin is more likely than not to grow vs tether in the weeks to come.
Namaste.
Tether Dominance RENKOThese are short-term signals.
In a few days we will look at Tether Dominance (USDT.D) with RENKO on higher timeframes and go into details about the signals.
USDT.D trading below EMA10/21.
Multiple red bricks already in place.
Bearish RSI.
Here the bearish target (support) is set at 5.38% but if you look back to November 2021, we can see that this level can be broken easily on corrections.
And so we are open to seeing it go lower.
Namaste.
USDT Dominance correction then bullish continuesHello my friends, This is an update of previous analysis (blow link). Consider USDT market cap to help identify market movement, Everything is marked on the chart. Monitor the price in the circles.
Good Luck.
If its useful please like it as a support and follow me for next analysis :)
Sushiswap W Pattern (50% Target Mapped)I've shared so many of these that I am hoping that you already know all these signals by memory.
They work nicely yet it isn't just the signals but the market cycle together with experience that produces the best results.
You can find the target with the drawn pattern on the chart.
The RSI is strong.
We have increasing volume.
Trading above the EMAs...
And so on...
One more chart and for today we are done.
I hope you find this information useful.
Thanks a lot for the continued support.
Namaste.
Uniswap Looks Much Better Based On Moving Averages (85%) If you have been reading the other charts/trade ideas that we share, you can easily appreciate that prices are either trading below EMA10 or just challenging it and if the chart looks good we can see it above EMA10 and sometimes above EMA50.
Now, let's have a look at Uniswap vs Tether (UNIUSDT).
See how EMA50 ($5.53) is already far behind as Uniswap moves above EMA100 ($6.55).
EMA100 is the level at which we saw a rejection back in April.
Another rejection happened 9-July and today we see a candle breaking above.
Confirmation only comes in less than 2 hours when the daily candle closes.
A close above this level, can lead to 80%+, short-term.
Mid/Long-term there can be more.
Namaste.
ApeCoin BeforeBreakout | Plan Before Trading (215% Target)This one here is yet to breakout... BEFORE the action starts.
ApeCoin vs Tether (APEUSDT) is showing a volume breakout after multiple reversal signals based on candlestick reading.
This can lead to higher prices if there is follow up.
Since the charts can always change;
Since the market direction can always change;
Since everything is changing every hour, every day...
We need a plan before we trade.
Namaste.
Tezos Trade Signal (85% After This Resistance Is Taken Out...)I remember Tezos token sale (ICO)...
This altcoin project is still here with us.
All the signals are written on the chart.
Support/stop-loss can be found at $1.28, short-term.
Followed by $1.19 as main support.
Any trading above these levels and we consider this chart bullish.
Namaste.
Full trade signal | Tezos Trade Signal (165% Potential Profits)
Aave Strongly Bullish | Fast Price Appreciation Possible Now!Aave is right now in a much better position when compared to Bitcoin and Ethereum, but why?
While the King and Queen of crypto move to conquer EMA10, Aave vs Tether (AAVEUSDT) is already growing above EMA50, which can lead to massive gains.
EMA50 is the magenta line on this chart.
Price set at $79.78.
AAVEUSDT closed yesterday above this price and we can also see the volume breakout with the RSI at 64 being very strong.
All that remains is to be patient to see more growth.
For your convience, I mapped some targets on the chart.
Notice we have here also the "same pattern", the low followed by lower low... Oh ok, you already know.
Namaste.
Bitcoin Back Above $20K Proofs Market Manipulation Fail!The fact that Bitcoin is moving back above the $20,000 level confirms that the market manipulation attempt has failed...
(Yet, all the high leveraged positions were liquidated, hundreds of millions... Telling us that the move was successful in some ways)
Bitcoin Bullish Signals
We have an ascending channel;
A three dives pattern;
And a confirmed uptrend (since 18-June, higher highs and higher lows);
Bitcoin and the Altcoins will grow.
When?
It can be 3 days, 1 week, 2 weeks...
Patience is key.
We just buy and hold;
Follow your strategy!
Let the market do its thing.
Conditions for change
Ignore all the noise/price swings as these are not relevant when it comes to trade.
As long as Bitcoin stays above $17,600, we are good everyday.
If prices drop below this level, the bullish bias is lost.
It can crash hard below $17,600 but, the harder it crashes the stronger the recovery that follows.
And if it does crash, it doesn't matter as it will recover in a matter of weeks or months.
Namaste.
Dogecoin Targets All The Way To 165%DOGEUSDT (Dogecoin) is out of its downtrend...
We saw an initial breakout after the 18-June low and now we are entering higher low territory.
Higher lows lead to higher highs.
We have three targets in place.
Target #1 has a 50% potentital.
Target #2 has a 95% potential.
Target #3 has a 165% potential.
Make sure to plan before trading.
If you don't know what to plan or what to do, then start studying...
Take your time.
It can take months or years the learning phase but, with endless opportunities, it is better to be prepared before we trade.
We will have at least 8 months to buy low.
After that it will be lots of fun.
Namaste.
Alien Worlds vs Tether Long-Term (2,135% Potential To ATH)Alien Worlds (TLMUSDT) is experiencing the highest volume since last year... Very strong buying pressure taking place while prices remain unmoving, why?
This is the accumulation phase or consolidation.
When you see a pair trading near support;
You see strong volume to both sides yet the pair remains trading within a range;
This range remains active for a while...
This is the consolidation phase.
This same scenario reversed, ranging near resistance (top/peaks), we call distribution.
This chart doesn't look bullish, currently, but this is another pair that is very likely to grow strong in the weeks to come.
Things change fast in this market...
One day you see doubt and red...
The next day massive growth!
Namaste.
Serum vs Tether Looks Great, Will Grow Huge! (145% Short-Term) Serum (SRMUSDT) is looking really, really good chartwise.
Let's get straight to it...
Feel free to hit like to get started!
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Today we look first at the trading volume.
Notice the huge green bars after the 5th July low... Wow.
Huge buying pressure.
SRMUSDT is now trading above EMA50 with all this volume.
The RSI is super strong above 60.
The initial low was set 12-May, as with other pairs, but the lower low that followed came in 5th July rather than 18-June, making it different than the rest of altcoins.
Now that we see clearly prices moving above EMA50 on high volume with strong indicators, it signals that there is more.
We are looking at 79% potential profits on the first target with over 145% on the second one.
I would say within 2-4 weeks we can hit those targets but it can be less... Just as it can take a little more.
This is the bullish scenario.
If the prices move and close below the 5th July low ($0.724), the bullish bias is invalidated.
Thanks for the support.
Namaste.