altsandislands

altsandislands

NASDAQ:MSTR has formed an inverse head and shoulders pattern on the 1-hour chart. Given that moves like this often depend on CRYPTOCAP:BTC 's price action, it's something to keep an eye on. However, with NASDAQ:MSTR having dropped from nearly $500 per share, I believe we are in good value territory. Additionally, this trade offers a 7:1 risk-to-reward ratio...

altsandislands

CRYPTOCAP:BTC has formed an inverse head and shoulders pattern on the hourly chart, indicating weakening selling momentum. We've also seen a local higher high, suggesting the dip may be over. Despite bearish news such as unconfirmed rumors about government sales and concerns over jobs and interest rates, the price is still recovering. This suggests that higher...

altsandislands

Truefi has had extremely bullish price action recently and is currently forming a multi-month cup and Handle pattern. The pattern has been confirmed with the price retesting the neckline after forming a downward handle. A complete breakout would send us back to 2022 ATHs, which would be ~$1.14 and would be a 5X gain from current prices (~527%). Set appropriate...

altsandislands Updated 

Ondo Finance has never broken this bottom resistance in this multi-tier ascending channel I have been tracking. I admit, my chart is messy and complicated. I have been tracking many patterns here, but all of them are bullish.  ONDO has been resilient during this current Bitcoin crash and recovery. The price has continued trading in a range from the.60s to $1....

altsandislands

CRYPTOCAP:RNDR has formed a cup and handle that can potentially breakout to a new all-time high at ~$15.30. This would be +40% from the neckline. Wait for a retest of the neckline at $11, which also happens to be the volume point of control. Once a breakout occurs from the neckline, jumping into a long position is likely to be profitable. Set appropriate SLs and...

altsandislands

ONDO is looking bullish in every single time frame. It has also formed multiple bullish patterns, such as a holding and upward channel, a triple bottom, and a possible bullish megaphone pattern. If a full breakout is complete, we will see a +$1 again very soon. The price is testing the upper resistance in the megaphone. It is also currently sitting right on the...

altsandislands

Pt has bounced off of its daily support upwards trendline. Higher lows are key here. Next we will see a push to 0.86, a retest of highs, and then a blue sky breakout! PT has also held value well during this BTC correction and I expect to see this pattern continue.

altsandislands

I am currently watching this GALA triangle pattern waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days to weeks depending on Bitcoin's price movement. Lowest entry could lead to a quick 65% spot gain. Set your alerts. $0.10 per GALA is the target!

altsandislands Updated 

I am currently watching this INDEX:GALA downward trendline waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days to weeks depending on Bitcoin's price movement. Lowest entry could lead to a quick 150% spot gain. Set your alerts.

altsandislands Updated 

CRYPTOCAP:BTC has formed a cup over the last few years and we are seeing a short term downtrend to the last major resistance level from the 2021 ATH around 64K-69K. This may very will set us up for a perfect cup and handle formation if we: Break below the resistance Find support at a reasonable level, lets say 58K-60K lowest Move back up and...

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CRYPTOCAP:ADA has formed a year-long cup and handle pattern. Traditionally, this pattern is a bullish indicator of continued upward movement. The cup and handle have played out perfectly, and we have broken out of the resistance at ~0.68. This move confirms our pattern and makes this a well calculated long entry position. I expect a 70% increase in the price...

altsandislands Updated 

I am currently watching this short-term GALA downward trendline waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days to weeks depending on Bitcoin's price movement. Lowest entry could lead to a quick 55% spot gain. Set your alerts. This would be a continuation of the long-term trend...

altsandislands

CRYPTOCAP:BTC is in a clear multi-week symmetrical triangle pattern, consolidating between the low 70s and low 60s. Many traders seem to be preparing for a move downward, but I think we will see the opposite. Bitcoin has bounced on the lower trend line of the triangle pattern, confirming a third touch. Bitcoin is also back above its long-term uptrend support...

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LINK has failed to break back into its original higher trading channel. The next large volume support is around $15.4 which we may see LINK fall too in the short-term. I am bullish on LINK long-term. This could be a great entry price to set a buy limit order.

altsandislands Updated 

HEART is looking a little dumpy on the 4HR chart and could breakdown lower. A descending triangle has formed for HEART, and if the resistance is broken, a trend reversal could lead us down to 0.15 .  If you enter a short position after ~-3% confirmed breakdown , then you could see a +56% gain if the pattern completes. I have also marked multiple support...

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If CRYPTOCAP:ADA continues on its uptrend over the next few weeks to months, which is more than likely if you look at the total Altcoin Market Cap breaking out, then here are two targets to watch: 0.82 for an 18% gain and 0.9 for a 31% gain. Watch and wait for confirmed breakouts from the drawn resistance levels, and enter once it surpasses them with some...

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CRYPTOCAP:MATIC is currently breaking out of a 3-year descending triangle pattern reversal, which is a bullish sign of continued upward movement. If the pattern is confirmed and plays out as expected, we can see a relatively swift 200%+ increase in Matic's price. 2.87 is my price target for this trade, which is just an under the ATH. However, I think this price...

altsandislands Updated 

A symmetrical triangle is forming on CRYPTOCAP:AVAX 2HR chart. This pattern has a high probability for an upward breakout with current market alt coin conditions ( CRYPTOCAP:TOTAL3 up 1.4% today). Price target is $46 which is a 6.68% gains from current levels. Wait for confirmation and jump in. DYOR and bring homes those gains!