Good morning, Alkalites! Today we will show you an in-depth analysis of the current micro consolidation on Bitcoin. As you can see here, Bitcoin has formed a pennant retail structure while it’s still in an accumulation phase. We believe that the bullish breakout in the structure will reinforce the retail bias. This should cause a quick drop to near the...
What if this “dead cat bounce” leads to a macro manipulation event that continues the ongoing uptrend? With the current market conditions, it would be highly likely to face these type of scenarios before recovering. We could expect the price to bounce off the current levels or near the psychological $3k level. This situation would create a macro OB that would be...
Unusual Selling Activity Bitcoin has quickly dropped below the $44k level for a few seconds. Thus filling in the previously analyzed imbalance and reacting correctly to the zone of low frequency activity that we showed you a few days ago. This is the signal that we were looking for, the Bitcoin over-leveraged growth has come to an end with this macro...
Litecoin is being held by retail buyers and algorithms at the 200 EMA level. The current FOMO macro bull run should be backed by these types of trend indicators. We will wait for a bounce from these zones. It’s difficult to time the market, but you should always be careful with macro manipulation scenarios too! See you later!
The overall market situation is optimistic. We are facing a high volume market with increased volatility, which is ideal for our trading strategies. If the market keeps this path, we could take advantage of most of the set ups that we have already sent. Here you can see the structure between $44k-$47k-$50k-$52k psychological levels on Bitcoin. We will see if...
Reversal sellers are getting squeezed by retail trend following activity. We may face a breakout in the coming days, that will lure more retail sellers into the market just to liquidate them above the $4k psychological level and perform our desired movement. It’s important to have in mind that ETH is overvalued against Bitcoin in the short term. If Bitcoin...
Hey, Alkalites! Check this long-term scenario! As you can see here, we have seen Cardano growing non-stop for the last few weeks following a very obvious pattern. Also, retail momentum indicators were starting to show weakness above the $3 psychological level. RSI Divergences were used as profit-taking events, which could have caused the breakout seen. This...
As you can see here, Dogecoin has repeated the previous scenario. It’s obvious that retail traders have been shorting the last wave, as it is a technical resistance level. We expect another manipulation movement to gather SLs above the level shown, which we will be monitoring to find more shorting opportunities if the overall volume keeps heading down. See you...
Good afternoon, Alkalites! Here you can see that Ethereum is trading above the $4k psychological level. Also, we have found a RSI divergence that may induce retail traders to sell. We could see a minor retracement just to see Ethereum whales liquidating positions above the key level. If this scenario develops as expected, we may see a bigger retracement filling...
Hey Alkalites! After the FOMO pump that invalidated our manipulation setup, we can see that XRP has been up trending following retail behaviour. We have found another possible manipulation setup. Retail trend line was broken luring sellers, just to recover and trigger retail SLs. The OB that caused the luring movement should contain enough selling activity to...
How many times have you heard that bitcoin is very expensive? How many times have you heard that Bitcoin is a Ponzi scheme? PERSPECTIVE. That is what is needed to combat some of the myths that surround this cryptocurrency, which will probably take part in the digital economy. Regarding the first question, is $1T too much capitalization for a finite,...
How’s it going Alkalites? We have prepared this manipulation set-up on Cardano! As you can see, after the big pump, there is an imbalance that needs to be filled, just like with Dogecoin. However, Cardano was slightly undervalued against Dogecoin, that’s why we think that lured sellers have not been liquidated yet. If the overall market volume follows our...
As you can see here, we are preparing a new set-up on Dogecoin. Given that Bitcoin FOMO has affected all the market, we are facing overextended movements that may need some liquidity gathering. If volume starts showing weakness, this will become the best scenario for whales and MMs to redistribute leveraged wealth and start a new bullish movement. We plotted...
Ethereum Market Cap Dominance has skyrocketed! This chart shows that Ethereum is currently holding 19.5% of the TOTAL CRYPTO MARKET CAP. Large funds and macro analysts expect Ethereum to surpass Bitcoin dominance in a few years. In my opinion, it will depend on Ethereum protocol updates. Scalability and usability will decide its future. In the short term, we...
After the micro bullish breakout seen on XRP, we believe that the current buying exhaustion combined with lured shorting activity after the first push will cause a two-step stop hunt. This would be the best scenario to place shorts on XRP considering that its legal issues have not been resolved yet. We highly encourage you to manage your risk by scaling your...
How's it going, Alkalites? Cryptocurrencies are remaining stable, while the market is waiting for more volume to continue this bull run. Bitcoin is building a bullish flag as it approaches the next order block trigger. We will start scaling buys near the $47k level with some leverage. It would be sensible to keep in mind the low-frequency zone to place spot buy...
How’s it going, Alkalites? Bitcoin broke the $50k psychological level last night. The retail sentiment is bullish, and fear and greed levels are skyrocketing. This could cause a scenario of short-term retail liquidations below the current levels. If projected correctly, our goal is to expose part of our futures balance to bullish leveraged speculation in Bitcoin....
Hey, Alkalites! If you want to invest in cryptocurrencies and know how to recognize long-term opportunities, you should start learning the technology behind them. Do you know what a consensus mechanism is? Consensus decision-making is a process in which group members agree to support a decision in the best interest of the whole. In other words, this mechanism is...