Matic on weekly showing a very weak chart. The The3eyedScalp indicator is turned red as well as the trend has been broken already.
Hi Traders, Investors and Speculators of Charts📈📉 Bitcoin is now political. (if it wasn't already before, it definitively is now). In a recent development, official news leaked that that BRICS nations may look at using BTC to undermine the Dollar as a reserve currency. At the same time, many nations have drastically reduced their USD exposure. China's...
📉 Wyckoff Analysis Refresher: Wyckoff analysis is a method for understanding the phases of price movements in markets. It encompasses Accumulation (a period of smart money buying), Markup (bullish phase), Distribution (smart money selling), and Markdown (bearish phase). 📈 Applying Wyckoff to Altcoins: We can adapt Wyckoff analysis to the altcoin market....
Here' s the altcoins excluding eth, market cap. It looks very bearish. Not financial advice.
Let me know what does the aforementioned weekly candle mean? Are the targets suitable?
#total3 presents #altcoins ' market cap excluding #btc and #eth . After the 1st long correction wave, the chart formed falling channel. This formation will be completed with the 3rd correction wave and the dip of the channel will occur. When Elliott' s 123 correction wave is finished, the falling channel will turn bullish. This may be after the halving. 3rd wave...
Blz a serious mover of august, may make the final shot after this retest? - Bull flag - Good momentum - Community and trend - Bots NOT FINANCIAL ADVICE. Below the triangle is the invalidation.
Hi Traders, Investors and Speculators of Charts📈📉 A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders....
Look same figure. Repeat and forward. Look and let's wait see.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📊 After successfully surpassing the recent major high in blue earlier this week, Ethereum (ETH) is presently undergoing a retest around the 1690.0 level. As a result, we are actively seeking trend-following buy opportunities to capture the next price surge. 📈 I will be...
With many altcoins appearing overbought in relation to Bitcoin (BTC), as evidenced by the Relative Strength Index (RSI) across multiple timeframes and lengths, there is a strong possibility of a reversion to the mean (a BTC Dominance bounce up from around the physiological 50% level). Most often it is argued to not use the RSI as an oversold/overbought indicator...
Long term BULL + Short term BEAR case CRYPTOCAP:BTC is once again making a case for BULLS, at least short term. We'll see what happens. The 4Hr RSI getting stronger & can be seen on daily charts. Longer term #BTC is making a GREAT case for bulls. But can take some time. However, don't be naive. The current area is not the best place for #bitcoin to build a...
hi again Since the FTM currency is in a downward trend in the 3-hour time frame, if we see a price increase that will bring the price to the 0.5 trading range of the higher time frame, short positions will have a relatively high probability of success. For this reason, I share the above shorts position with you
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Giving off some looks here for an Elliott Wave flat pattern in motion. Not the most ideal interpretation, tbh, but if certain parameters play out, confidence will...
Colony is an altcoin in the avalanche blockchain. The team aims to be a venture capital firm, an index provider, a chain validator and an early stage investment platform. They have 10M in the bank and a decently sized position in avalanche at (i'm guessing) an average price around 15 usd/avax. They have a nice user interface which displays a 0,23 USD/colony as a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH is still hovering around the daily support 1650.0 📈 For the bulls to take over again, and reject the daily support, we need an H4 momentum candle close above the last high in green around 1708 📉 In parallel, if the blue support is broken downward with a momentum candle...
Almost a year ago I called the b eginning of winter time for altcoins - While we needed the FTX crash to start the process, Bitcoin dominance has reached the first target of 48% few months ago and even pushed higher for a while just to retrace back to same level recently. In all this time the dominance continued to put in higher highs and higher lows. I...
Since March 2022, Bitcoin has exhibited a persistent pattern of lower lows and lower highs, indicating an ongoing bearish sentiment. Notably, recent price fluctuations have repeatedly failed to breach the 32,550 resistance level, which had previously served as a support zone. Instead, the price encountered this zone twice in retests before resuming its downward...