We frequently look at the altcoin market and very often look for clues on its dominance and market cap. A historic comparison of alts with Bitcoin's (BTCUSD) Cycles shows that alts bottom after Bitcoin, a lag which is natural considering that BTC is the market leader. Similarly it is possible for alts to rally when Bitcoin is correcting or consolidating. Using...
Morning lads, Figured I'd share my view on BTC for the following weeks. There's a chance that instead of a channel, its a descending triangle on the daily, bringing prices to 50k. But Im gonna keep that in mind and hope we move up! This trade would help alts tremendously as well.. Trade thirsty, my friends..
Evening fellas, I hope you took adv. of this previous drop. Hopefully you noticed the fact BTC dropped more in % than most alts. Means that most alts bottomed with their /btc pairs and are ready for gains. If BTC starts to range here ($56k - 61k) for a few days, a small 10%, dominance could drop, allowing alts to run nicely. Trade thirsty!
waiting for the gaming narrative to kick in! this will tell me I'm a wizard without telling me I'm a wizard
As I see it we now have two more likely options regarding price trajectory for Bitcoin. Let's first review what has occurred in the past few days. After 9 hits on our multi-year support, we finally broke WITH confirmation. That last part was important. I had stated that if we break and confirm, our first target down would become that first purple ascending trend...
ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season.
📢 PEPE-USDT📢 PEPE has seen an amazing bull cycle, increasing 800% parabolically over a few week. It's safe to say that just from this fact, a bear market is up next and we can already see the sins of an early bear market starting. Our highly accurate technical indicator is showing that the bullish phase is long over, flashing a "SELL" signal a few candles...
BTC possible movement towards $55k zone before continuing it is own rally, which will allow alts to make some moves. On the long-term view, BTC peak end 2025/early 2026 could reach around $900k
#Crypto creates many parabolic moves as they are reflexive assets fuelled by Fear and Greed. I am currently on alert that we may have a parabolic rise on our hands. And we could #BTC double to reach very close to that $100K level BEFORE summertime. Our #Alts could go beserk but we must have some sort of selling plan in place. You need to come up with your...
Btc is still in a range of 50k-70k. We might see a push to the downside at 55k level maybe a wickfish into 50k zone but i think it will reverse immediately from that dump. In the other side alts are still suffering , and this will continue until dominance reaches 60-69% it depends on the PA of Btc . Some alts might bleed a little bit more but overall things are...
Immediate bounce here at this POC after quite some time playing at the downside. With BTC on support, I can only hope it confirms, or consolidates further on its support instead of dropping, to allow these alts some upside room. Risk is tight in this area.
📉Hi Traders, Investors and Speculators of Charts📈 IF we fail to keep closing daily candles ABOVE $18, the price target could go as low as $10, even if it is just a wick. Buying orders between 10-18 could very well be filled. From a technical indicator perspective, we've received a sell signal; which is normally very reliable in the higher timeframes. Losing...
📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. I've been bullish on Solana since the beginning of 2024, when SOL was still sub $100. Take a look here at other altcoins that we've been watching: By looking at the Drop-and-Pop fractal we've been watching, we can conclude that for...
📉Hi Traders, Investors and Speculators of Charts📈 Shiba was unable to breakout above the recently formed pennant pattern in the weekly timeframe. Usually pennants are bullish but if the pattern fails a huge downside can be expected, indicating weakness and dominant sellers. The next likely support is only at the moving averages, with both the 50d and 100d...
📉Hi Traders, Investors and Speculators of Charts📈 Dogecoin was one of my TOP altcoins to watch for 2024. (Find the others here): The DOGE fractal I've been following has played out extremely well, and so I will continue to follow this fractal: Since we have now completed Elliot Wave 2-3, we are seeing the corrective phase of 3-4. This means we have yet...
With numerous setups like this in the Altcoin space Do you really think this Crypto bull market is over??? I would say.. With quite a lot of certainty ... Absolutely not!!! Let's go people stop being Jeets and LFG
Afternoon fellas, Figured I'd come back with another one during these red days... Pumped the other day and I did sell some. But looking into this setup following up the previous pump. This post is also a follow-up from the previous post. Check it out! Trade thirsty.
Many are asking "When will #Bitcoin push again" And while it is impossible to say , we can get pointers from charts and the BTC.Dominance Chart here gives us an idea that BTC.D will meet Support next week, around Last week April / 1st week of May Its a good idea to understand that just because BTC.D Rises, BTC does not always follow but the combination of the...