AVAX: Wave Count Adjusted for AVAX After 20% Drop Avalanche (AVAX) has pulled back about 20% from its recent peak since our last update, prompting us to adjust our wave count. At present, we see the coin in green wave , which is subdivided into a beige (a)-(b)-(c) three-part move, with wave (c) currently in progress. Once it bottoms out, wave should also be complete. From there, we expect wave to push AVAX above the newly established resistance at $36.19.
Altcoin
XRP: Lacks Momentum Despite Modest GainsRipple’s XRP is trading slightly higher today compared to last Monday, but it still hasn’t found real momentum. For now, it’s expected to continue moving upward toward resistance at $4.09 as part of turquoise wave B, before the correction of wave (2) is finally completed. The following magenta wave (3) should then drive gains above the $4.09 resistance level. If the altcoin manages to break directly above this level, this will suggest that wave alt.(2) has already wrapped up.
ATOM | Sleeping GIANT Altcoin Gem 1️⃣ATOM is probably one of my favorite altcoins at the moment.
If you look at ATOM from a macro timeframe such as the weekly, it seems like there is barely any hope and that it's just been one big liquidity run.
And although ATOM has retraced nearly 92% since it's ATH, we see a much brighter picture when we look at the daily, or 3D timeframe.
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BINANCE:ATOMUSDT
ALTSEASON | ALTS | BUY Zones SummaryOver the past few weeks I've been gradually analyzing the alts that I believe have great potential for the next cycle.
These include:
✅ ATOM
✅ Litecoin
✅ Fantom
✅ Doge
✅ SUI
✅ SHIB
✅ DOT
✅ PEPE
✅ BNB
✅ Tron
✅ The Graph
✅ Render
✅ Maker
✅ AAVE
Here's your quick video summary on ideal buying zones for the above altcoins. Enjoy!
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LTO - Two Potential Longs!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 LTO has been rejecting a massive weekly support and the key $0.02 round number.
🛡️ As long as this level holds, I'm eyeing a potential 5x move towards the upper bound of the falling channel and the $0.10 round number.
🚀 From a macro perspective, a break above $0.10 could trigger a continuation towards $0.30 — unlocking major upside potential!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
INJ | ALTCOINS | Bottom Likely CLOSEIn the previous cycle, INJ made a near full retracement after the bullish cycle.
This would put us round here, to which we are already fairly close:
To make it a little easier to reference, I'll use the Elliot wave tool (although these are not Elliot waves).
In short, the bottom is likely very close for INJ - but accumulation / sideways phase may take another while.
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BINANCE:INJUSDT
Litecoin (LTC): We Are Dropping / More Incoming!Litecoin has dropped 15% since our last look at the coin and now we expect the 100EMA to be broken, so we can fall further down!
More in-depth info is in the video—enjoy!
Swallow Team
Litecoin (LTC): Last Crash Before New ATH?We are seeing yet another rejection from upper resistance zone, which can send price back for another -20%...
More in-depth info is in the video—enjoy!
Swallow Team
HBAR - 50% - 250% Bounce IncomingMartyBoots here , I have been trading for 17 years and sharing my thoughts on ADA here.
HBAR is looking beautiful , very strong chart for more upside
Very similar to the last time when it bounced 250%
Do not miss out on HBAR as this is a great opportunity and is setting up in the near future
Watch video for more details
SEI | ALTCOINS | +150% Bounce Zone TARGETSEI is an altcoin that bounces well from support zones and therefore excellent to trade as a swing trade.
You can confirm that SEI bounces from support zones by taking a look at this post I made in August last year, just before SEI increased 232%:
For the short term, there seems to be no clear indication of a turnaround, but the good news is that a better buy zone is approaching for the next impulse wave up - which could be a really big swing.
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BINANCE:SEIUSDT
ADA | ALTS | Good Buy or WEAKNESS?ADA is one of a few altcoins that have not yet made a new ATH, or trading close to its previous ATH.
Considering Cardano is one of the "older" crypto's , you'd expect it to behave like the rest of the titans. But instead, when overlayed with the Solana chart we see a disappointing comparison:
Regardless of this, ADA trades in a range within a fairly reasonable timeframe, meaning it is ideal for short term profits (range trading). ADA can easily do + or - 30% in two weeks, ideal for swing traders.
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BINANCE:ADAUSDT
BNB | ALTCOINS | BNB Still BULLISH - Here's WHYIt can be concerning to see the price lose 5%-10% in the daily timeframe. However, this is not uncommon during a bullish cycle.
In this quick update, I explain why the price is still very evidently in a bullish cycel, despite corrections in the daily.
BTC and ETH update, find it here:
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BINANCE:BNBUSDT
SOL | ALTCOINS | Does Solana Have One More Push?Solana has barely just made a new ATH, and it's likely at the end of the correction after trading red for 3 weeks consecutively.
It's likely that once ETH has made a new ATH, Solana will be soon to follow. More on that topic here:
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BINANCE:SOLUSDT
JTO | ALTCOINS | Mixed Signals in BEARs vs BULLsJTO was a hot topic when it was first released and there was a hype surrounding it, like many newly released altcoins (got to get that marketing right 😉)
However, it's been trading very "wicky" over the past few weeks, and the price seems indecisive as a pennant pattern forms. This could play out two ways, and it's likely that the next week will give clearer directions.
I'm largely watching Ethereum, King of the Alts, to make a move before expecting more upside on smaller cap altcoins.
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BINANCE:JTOUSDT
IMX | ALTCOINS | Altcoin that CAN STILL +25%Immutable (IMX) is one of few good alts tat hasn't quite seen the parabolic increases that the rest of the altcoin market has seen.
IMX still has some room for growth until it hits the next major resistance zone, and even more if you consider the previous ATH at 4.6 (currently at 2$).
Make sure you don't miss the Bitcoin update, and why I say the ATH is in :
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BINANCE:IMXUSDT
ATOM | ALTCOINS | +77% | What does the future hold for COSMOS?I've been following Cosmos for many months, and it's recently seen a very decent increase of +77%. Unfortunately I didn't get all of it, but ATOM has increased moderately since I bought in a few weeks ago.
However - comparing it to DOGE particularly, it pales in comparison. Again, like with LTC, we need to start reclaiming previous resistance zones in order to be sure that this coin has a future. Ultimately - we are in crypto for the increases😉 And many altcoins have fallen behind over the last year. Although they can (and are) still being traded, the increases are nowhere near that of other alts.
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BINANCE:ATOMUSDT
ARKM Will EXPLODE Like LUNA Did Last Bull Market MartyBoots here , I have been trading for 17 years and sharing my thoughts on ARKM.
ARKM is looking beautiful , very STRONG chart for more upside
Very similar to LUNA and FTM last ALTSeason and they exploded 400%-800% higher
Do not miss out on ARKM as this is a great opportunity
Watch videos for more details
NOT - FREEFALL Possible for NOTUSDT NOT is short term bearish as we lose the higher-highs and form a bearish M-Pattern in the daily timeframe.
In an earlier post, I made an important note on how to trade newly released altcoins - and share a key fact that is might come handy for NOTusdt:
Additionally, we've fallen below the 50d Moving averages in the daily timeframe - also a bearish indicator for the immediate term.
Don't miss this update on BTC, as BTC will determine the direction of most of the market:
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BINANCE:NOTUSDT
Dogecoin - This Leads To Two Digits!Dogecoin ( CRYPTO:DOGEUSD ) will hit two digits soon:
Click chart above to see the detailed analysis👆🏻
It is the third time that Dogecoin is creating the same pattern. A couple of months ago Dogecoin broke out of a symmetrical triangle pattern and is now retesting previous horizontal structure. After we see bullish confirmation on the smaller timeframes, the next parabolic rally will start.
Levels to watch: $0,12
Keep your long term vision,
Philip (BasicTrading)