Buy with your own risk and pay attention to risk management. Sell step by step on TP levels that I provided in the chart.
Trading Alt-coins is not easy. Often while waiting for them to reach their targets suddenly the hole market takes a dive before they get there.. or we sell them and they keep going much much higher leaving us behind in the dust.. So i came up with another approach trying to time the point where the hole market dives and sell them all together no matter where they...
💎Technical Analysis Summary💎 Bitcoin Dominance -BTC Dominance value hits the weekly key resistance level again -It reacted to this level for the 3rd time with a red weekly candle -If this rejection continue to go deeper and retrace to 40 levels -I'm expecting a good month for the Altcoin this November -All provided if Bitcoin price action remains stable or form...
As long as the green support zone continues to operate ; target will continue to be 50 . When the black resistance is overcome, the double bottom target will come to the fore ; corresponding to 60 What I'm talking about is medium term, not short term. please review the drawings before asking questions you...
WE HAVE ENTERED THE 60K ZONE NOW WHAT? Bitcoin would need to avoid a fall back through the $56,580 pivot to bring the first major resistance level at $58,730 into play. Bitcoin could test resistance at the $60,000 levels before any pullback. A fall back through the $58,407 pivot would bring the first major support level into play. Barring an extended...
💎Technical Analysis Summary💎 BTC.D -The Bitcoin Dominance value is retesting the EMA19 on the weekly timeframe -If the recent history will repeat itself, we could expect rejection and retracement back to 40 level -And during its downward movement, the altcoin space will experience good recoveries or upside rallies -For now, we can see the BTC Dominance is...
Breaking the uptrend line to down can be good for Altcoins
Altcoin market cap on the chart, as you can see we double bottomed out to break through that falling resistance line. We then found ourselves on previous resistance and failing to break it. I believe now we should have our last minor dip before we continue our bull run into November. I have drawn out a path of which I think fits the run the best (obviously it...
Since breaking out of the sideways accumulation the market has made a correction to retest previous resistance as new support in confluence with the 0.618 both acting as a nice demand zone for this price. As you can see on the daily timeframe the market is forming a double bottom pattern at this zone. This is a great price to BUY and wait patiently for the...
I see two possible directions from here, green arrows up or red arrows down to same ATL or a new ATL and then green arrows up. Red arrows down gives us a short lived altseason (weeks), unless we get below 30s and then we could last a bit longer. Or, we get a double bottom right now and BTC starts to gain its dominance back quickly.
Hi there, Bitcoin Dominance is bouncing and this is not good for Altcoins at all. BTC.D was moving in a downtrend channel for about 50 days and I expect to see a breakout of that. What will happen? In the best case when BTC.D is going up if Bitcoin goes up too, Altcoins will fall with a low slope. In the worst case when BTC.D is going up if ...
Bitcoin Dominance targets the box Mega bull for alts Break on either side of channel signals 5th Yellow End
#Bitcoin dominance, #crypto the big picture Same game, just different time. It's important to try to see the big picture. And be prepared.
💎Technical Analysis Summary💎 Bitcoin Dominance -We can see the BTC Dominance level is respecting the EMA19 -The Dominance level 45 is previously supported now acting as resistance -This consolidation below support is potentially a bearish pattern -If the last support at level 43.50 breaks and closed lower -The bear flag pattern will be confirmed -I'll be...
Once the Alt-season kicks in proper, can see this claiming May 2021 high as first target, which is a 3x vs BTC. Formed a higher low from the bottom, and Stoch Rsi (weekly) is at a good entry point.
SAND on the weekly timeframe has a very nice impulse breaking above the previous high followed by a correction to the 0.618 FIB, i am expecting to see the continuation to the upside, down on the 4hr timeframe we can see the market is clearly respecting this ascending trendline acting as a nice strong level of demand for this coin, i am waiting for confirmations at...