OTHERS trade ideas
Load your alts! OTHERSOthers cap
Ascending scallop pullback on 1.618 fib line
This will likely break through the fib line bullishly
I recommend DNT for a hot alt pick
Others CapLooks good for an extension to the top of the scam wick
Alts are a buy
I recommend DigiByte and Ethereum
OTHERS - Sh*tcoins leading cryptoBreaking the 61.8 fib retrace, going overbought on the daily again. Risk-on sh*tcoins leading crypto as the Btc halving nears. Check out OTHERS.D . Are these going to keep running up or lead breakdown at some point? I can't tell here.
Potential for a Trillion in CapAlts looking pretty good here. Ties in quite well with the latest BTC.D chart. Notable volume coming in & the March close was pretty bullish. Expecting to see some big winners in the alt space. Good luck out there.
*Not advice to put money into any old garbage, just an observation.
....And suddenly we're bearish #Crypto #bitcoin It is very rare that I sell my HODL holdings, But I have park 50% XRP into cash and sold all Link. There is money to be made here and I am looking at a minimal 20% increase in my Holdings when I do so. Ill be looking at Ethereum next but at the moment is the strongest of my bunch.
But Why??
The economy looks set for a recession and there is nothing anyone can do. But they can keep pushing it back as much as they can, But I believe now is the time it gives way. A recession is actually the best case scenario, but IMO I think it can be much worse.
If Bitcoin is to play the role of digital Gold then, we going to see some downturn but will perhaps outpace Gold and come out strongest than any other asset class. Remember we are in a currency war.
The Technicals
We started the year pretty good, Got my CFD trades to a flying start, I saw the top using Linear Regression and Stochastic rsi but waited for the correct selling trading signal. Which occurred already for BCH BTC (last week) and tomorrow LTC. That is on the 2 day chart. Things are telling me that will see a drop in price and that has already happened today.
From what I have learnt that on the weekly chart, more times then not is when the stochastic RSI is above the 80 for some time and than it closes below is that week we see a green candle, but the following week we usually see a big fall and that week starts Monday.
Please see my article linked below "If Bitcoin has peaked here"
Alt Coins FA meets TA This is my thoughts, our TA is showing the volatility as mass adoption takes place. Major institutional investors, banks and governments are in place for a Global transition to Digital Block Chain and Real ID. We are all to be Linked to the AI and AKA decentralized Network, There will never be a decentralized free market, it will always be owned and used to control and maintain power.
The 4th industrial revolution is here and lets now take Ah at the power or AI and Block Chain Centralized Control.
This is not financial advice, but for my personal education.
ALT Breakout Imminent - ALT Season ApproachingWe should have ALTs break-out any day now.
This is the alt coin market cap to BTC USD price ratio on the daily.
68% chance for a break to the upside on this falling wedge.
Shitcoins capitalization analysisHi everyone !
I have something interesting to share with you !
The capitalization of shitcoins is located at the bottom of the dynamic regression channel (this is the first level of support). The main support is located in range of 12 000 000 000 - 17 000 000 000 $ (23 - 62 fibo) (green rectangle), hidden bullish divergence is clearly visible on RSI. So i think that we'll find the bottom somewhere around this range, target is 30 - 44 billion dollars.
I hope you enjoy this chart !
Live your feedback and thoughts about that
WATCH MY PREVIOUS IDEAS BELOW
Clear elliot waves on the altcoin log chart On the altcoin (others) catagory.
Note the lack of corrections on wave 3, no technical dips just month after month of fomo.
Altseason is coming, maybe not tomorrow, maybe not next week. But soon. Be ready.
crypto ALTCOIN total market cap it's weekly chart but i think we are so close to ALTCOINS bullish trend
just after a few sub waves
TP marked in chart
remember:
just wait and don't panic!
Crypto Market Cap Does the market have it in itself to move (sustainably) above the 200MA on the daily? I'm ready for a rejection.
