The_Trading_Wizard_

The_Trading_Wizard_ Updated 

Bitcoin's dominance has been protected on the 3D time frame by the EMA 50 since January, so for me a candle close below the EMA 50 could mean the start of the Altseason (Altcoin Season). Remember that we are currently experiencing a correction in the cryptocurrency markets, which is healthy in the long term before the real bull run begins.

The_Trading_Wizard_ Updated 

Bitcoin, after a very significant rise, had a dip that in my opinion is healthy for the long term, but nothing alarming for now. The red line (SMMA) has held the price perfectly on the 4H timeframe since November, which means that for now we continue with a bullish structure. Therefore, only if a breakout below it happens, I will expect a more significant...

The_Trading_Wizard_

RVN broke out the descending trendline, and it is currently testing the resistance area. I believe the price will consolidate a bit, and perhaps return to the ascending trendline before continuing its upward movement.

The_Trading_Wizard_ Updated 

ARC is having a healthy correction after rising around 470% due to AI hype. I will buy on confirmation of the breakout of the descending trendline for mid-term and I will do DCA if it goes down further.

The_Trading_Wizard_ Updated 

Arbitrum broke the symmetrical triangle on 4H with big buy presssure. I'm expecting a pullback in short term, since RSI is overbought.

The_Trading_Wizard_ Updated 

Ethereum needs to break the red resistance (April high) which is very important to continue its rise, in my opinion there is no doubt that this will happen sooner or later. Altcoins must follow Ethereum 📈

The_Trading_Wizard_ Updated 

Bitcoin made a new yearly high 3 days ago but failed to sustain the gains. Bulls risk losing momentum if unable to break the 38k level soon.

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KASPA is trading within a symmetrical triangle at 4H, after a sharp rise. If it breaks above, the price should continue to go up in the short term, but be aware that it is extremely overbought on higher timeframes.

The_Trading_Wizard_ Updated 

PYTHUSDT is showing signs of rejection at the fibonacci levels of the previous leg on the 1H timeframe which could mean that the pullback may be coming to an end. I'm buying PYTH around that levels, but will add more after the descending trendline breakout.

The_Trading_Wizard_

EURCHF rejected major Down trendline and did a breakout at the minor uptrendline. A Hanging man was formed at resistance on the 4h timeframe, which supports our idea that the price will continue its decline in the short term.

The_Trading_Wizard_

Basically, bitcoin's dominance was rejected at a historic high, this could perfectly mean the beginning of another altseason, the ideal was from now on for bitcoin to remain at the same levels or rise while its dominance goes down, I fully believe that dominance may reach 40-41% again, and that many altcoins will rise in the coming weeks.

The_Trading_Wizard_ Updated 

GBPCAD did a fakeout rejecting major resistance/downtrend line with a bearish engulfing on 4H , so i decided to open a short here , price also broke minor ascending trendline, volume slowed down near resistance, and we also got some bearish divergences on local top, i expect to price go down until our major Ascending Trendline.

The_Trading_Wizard_ Updated 

GBPCHF rejected major resistance with a bearish engulfing on 4H and a topping tail , that major resistance coincide with daily descending trendline so i decided to open a short here , we also got some Bearish divergences that confirms that price may go down, i expect to price go down until our next minor support area.

The_Trading_Wizard_

DYDX has a bullish chart, broke the downtrend on the daily timeframe and then started making higher highs, breaking the SMA 200 and then retesting with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the...

The_Trading_Wizard_ Updated 

GBPCAD rejected major resistance with a bearish engulfing on 4H , so i decided to open a short here with half size , price also broke minor ascending trendline, consolidating a bit now, volume slowed down near resistance, and we also got a Bearish divergence on RSI on 4h timeframe, i expect to price go down until our major Ascending Trendline. High Risk High Reward.

The_Trading_Wizard_

MANA recently broke out of the daily descending trendline and the 4h minor trendline, as you can see on the chart, finding support at 0.29, it is trading above the SMA 200 and in my opinion it is a great entry at these levels, with a great risk reward. Thecloser you can buy near support, the better. We are in a clear Uptrend now.

The_Trading_Wizard_ Updated 

The MASKUSDT has a lot of strength right now, in addition to the buying volume that has increased in the last few days, we can see that it brokeout the triangle and the SMA of 50 and the SMA of 20 on the daily timeframe, in addition to that it made a bullish engulfing exactly at the bottom of the triangle, confirming the signs of a rise in that zone. At the moment...

The_Trading_Wizard_ Updated 

GALAUSDT is showing clear signs of a rise, for this reason im Bullish, in addition to the buying volume that has increased immensely in the last few days, we can see that it has broken out of the falling wedge and the SMA of 200 and the SMA of 20 on the daily timeframe, in addition to that it has made a bullish engulfing exactly at the bottom edge of the falling...