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ALTS

FTM | FANTOM | Altcoin with GREAT UPSIDE POTENTIALFTM has recently increased 11% in the weekly, but is making more red candles in the daily and the impulse up seems to be over for now. Looking at the corrections, from -45% to -80% is not uncommon for Fantom. The good news, is that the bottom is likely close - and from here, there exists great upside potential. I am NOT saying we can't fall lower here - infact, a full retracement may be likely, just as we saw the previous cycle. In which case, the upside is even bigger. 30c is indeed a very popular demand zone: _____________________ BINANCEUS:FTMUSDT
by CryptoCheck-
Potential Path of the Altcoin Market?Trading Family, To say that our altcoin market has been disappointing would be the understatement of the year. While there definitely have been some winners (I have held Solana through the $8 low), the majority have been a large disappointment. In fact, the last I read, only 42 altcoins have outperformed Bitcoin since the bear market bottom was put in. This is an incredible stat to think about and very telling. Altcoin traders have a difficult task in beating the BTC hodl'ers for sure. However, recently there have been some hidden indications that our altcoin market will soon increase our odds of success. First of all, Bitcoin's low fees. Low fees on the Bitcoin blockchain is often a hidden health indicator for the coin signaling weak demand. People often see low fees as a positive thing. But what's actually happening here is that there is low demand for transacting on the chain, therefore, in order to increase the demand, transaction fees are forced down. Weaker demand does seem to correlate with what the BTC dominance chart is showing us. You can see from the chart that we have a large sell side liquidity block that has formed, indicating large sell side volume in dominance. Additionally, my indicator has flashed a red dot, signaling that it is time for dominance to drop. We also have our RSI and Macd, crossing down. And if we break from that channel, dominance drop momentum should accelerate. This brings me to our TOTAL3 chart which is all altcoins excluding Ethereum. The chart is showing us that we have reached an extremely critical support trendline. Price is currently bouncing from it. Additionally, there are large volumes of buyers at this point. You can observe this by the VRVP candles and the liquidity blocks indicator. But contrary to BTC.D in which the RSI and Macd were crossing down, TOTAL3 shows our RSI and Macd crossing up! This is bullish for alts. Finally, it is a great sign to see that our "M" pattern has looked to have completed right at our point of support. I have drawn a projected pathway from here. In the first part of our next week, we may see a bit more pump. News of the passing continuing resolution here in the U.S. is still trickling out. Monday, as stock traders jump back in, I would imagine we see more pump as traders feel good about the averted gov't shutdown. This may trickle into Tuesday. But then Wed. is the Fed's day. We are expecting further pause to interest rate. Everyone will be listening to the Fed speak and parsing every syllable that is uttered from J. Pow's tongue. What is says and the bias that is interpreted will be key. I am expecting mostly a non-event here. Which means that bullish bias may wane once again. Crypto, mostly altcoins, really only pump on good news. But negative and even neutral news is a sell to sideways event. Thus, I expect we may hit another local top around Wed. afternoon at which point the altcoin market starts to sell a bit again OR it simply continues sideways again for a few more weeks. Sooner or later though, I believe we are headed towards that 1.3 trillion resistance. It is worthwhile considering to stay in a holding pattern unless we drop below our all-important support. Watch this line closely and draw it on your charts. It will be key! ✌️Stew
CRYPTOCAP:TOTAL3Long
by stewdamus
ALTS Brutal altseason is about to start.The altcoin market cap just hit its 1week MA200, right at the bottom of the 2.5 year Channel Up. This has completed a -57.89% decline from the most recent High, the same decline percentage as the ones that formed the August 5th 2024 and December 26th 2022 bottoms. The 1week RSI has also almost hit its 2 year Support. If bullish waves are as symmetric as bearish waves, we can expect at least a rapid rise / ALTSEASON to 575 B (+199.05%). If the market structure follows the June 2023 - March 2024 bullish wave, we can expect a more brutal rally to the 2.0 Fibonacci extension at 865 B. Follow us, like the idea and leave a comment below!!
CRYPTOCAP:OTHERSLong
by TheCryptagon
2
TonCoin- Eliminate the useless, keep the essential. - imo Toncoin looks bottomed, but remember, crypto moves fast, if BTC dips, altcoins usually follow harder. - That said, for now, I don’t see altcoins dropping further; they sound to be not far from a rock bottom. ------------------------------------------------------------------ Simple Trade Strategy : ------------------------------------------------------------------ - Buy now around 3$ - Keep some juice to DCA more around 2.30$ ------------------------------------------------------------------ TP : 5.50$ SL : 1.95$ ------------------------------------------------------------------ Play Wisely ! Happy Tr4Ding !
CRYPTO:TONUSDLong
by thecryer
TIA | PERFECT Bottom??In the macro, it's clear that TIA has been in a downward trend for an extended period of time. This means, it's a great place to buy - because the bullish cycle is up next. Trend based indicators are great to identify the immediate predominant pressure on the chart, in this case, bearish. A "Buy" signal in the weekly timeframe would be the first step in the right direction (reversal). Trend Based Indicator: Another key indicator to watch is the daily timeframe, when the price begins to trade ABOVE the moving averages - that's when you'll have the first confirmation of a bullish turn around. Moving Averages: ______________________ BINANCE:TIAUSDT
Long
by CryptoCheck-
1
AMERICA'S BITCOIN MINER: CLEANSPARKThe chart for Ethereum Futures is showing a promising inverse head and shoulders pattern. This indicates a potential turnaround for the struggling bitcoin mining industry. It appears that miners are behaving more like altcoin investors rather than taking a leveraged stance on Bitcoin. This shift suggests that their fortunes are more closely tied to the performance of Ethereum rather than Bitcoin itself. Here’s what you should be aware of: CleanSpark (#CLSK), is set to be added to the S&P SmallCap 600 index on March 24. This index features smaller publicly traded companies in the U.S. that have a market cap exceeding $1 billion and fulfil certain financial requirements. Being included in this index may enhance CleanSpark’s visibility, boost its trading volume and liquidity, and draw in more institutional investors. CleanSpark is the second crypto miner to be added to the index after peer Marathon Digital was added to the list last year. Companies in the index typically benefit from increased trading volume and improved liquidity, making their shares more accessible to a broader pool of investors. "CleanSpark's inclusion enhances visibility within the investment community," CEO Zach Bradford said in the announcement. “Our inclusion enhances visibility within the investment community and gives us an opportunity to demonstrate the value of being a pure play, vertically integrated Bitcoin mining company and making exposure to our model more broadly available." CleanSpark operates bitcoin mining facilities across the U.S., focusing on energy efficiency and cost-effective power sources. The company has expanded its operations over the past year with the acquisition of peer GRIID Infrastructure.
NASDAQ:CLSKLong
by BallaJi
#ALTS market: What is next#ALTS market: ALTS market enter in 20% risk zone as NASDAQ drop 4% in first day week. Understand the key Level: BTC support zone $77k, FWB:73K , $69k as of now. We expect local bottom around it. Nasdaq drop near 13% from its high and it can be more if uncertainty continue. Bitcoin and ALts market oversold and they will bounce if Nasdaq give a relief rally. So understand that 20% risk box if btc visit towards FWB:73K and reward will be minimum 2x as a relief rally from this point. CPI number will come tomorrow which can again give volatility. But all Major eye on FOMC meeting on March 19 which decide next move of market. #crypto #ALTSEASON
CRYPTOCAP:OTHERS
by NileshVerma
2
We are due a 2017 style ALT season.One for the memory banks! Now do we actually get what we are "owed" ?? :) We don't know and nothing is owed to us of couurse But Selling too soon could be quite disastrous... as many peopleI speak to say to me 5X - 10X I am out.. Which may be prudent If you are out. Stay out and don't FOMO back in again near the tops So it's best to scale out in my opinion last cycle was a quite difficult Alt season ... some bag holders actually did not get to experience any euphoria Hence why I am leaning to an exsplosive alt season BTC at $70k doesn't feel euphoric so what will it take?
CRYPTOCAP:TOTAL2Long
by BallaJi
4
WARNING! Big Dump For Altcoins Will Start Tomorrow!Hello, Skyrexinans! Couple of weeks ago we also warned you on the weekend that on the next week can start the huge dump on the crypto market and on altcoins especially. Today we received the red alert again that we have to be ready for the drop which will start tomorrow. Let's take a look at the daily chart. Here we can see that price has already completed 4 waves of 5 of the Elliott waves cycle. Wave 4 is the triangle shaped, that's why it has not even reached the 0.38 Fibonacci retracement. In our opinion it's finished and now it's time for the wave 5, which has the target approximately at 7%. When we will see divergence with AO and green dot on the Bullish/Bearish Reversal Bar Indicator it can be the historical moment when the price will show us the reversal. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
CRYPTOCAP:OTHERS.DShort
by Skyrexio
6
OM | MANTRA | Bullish Cycle OVER?MANTRA has made leaps and strides towards a new ATH, whilst the rets of the market was trading lower for the past few weeks. But it seems the buying pressure has run out, if we take a look at the technical indicators. Interestingly enough, if we take a look at OM through the Weekly timeframe and we pull up the Fibonacci extension, the current cycle ended at exactly 2.618 - a significant marker in the Fib zones. It is said that, after reaching 2.618, a retracement to 0.786 is probable. This would put us roughly at the major previous resistance zone before the ATH breakout: The Moving Averages is another great place to watch for possible bounce zones: After this correction (which could go even lower) the price could potentially bounce back, as it gears up for a new ATH. I'd be looking to buy from the 0.786 and lower, possibly as low as the $2 mark. ________________________ OKX:OMUSDT
Short
by CryptoCheck-
ETHUSDT (Ethereum) Using Elliott Waves: Back to 1K? Plotting waves on Ethereum: The current correction may be a larger degree wave (2) or a wave (4) consolidation. Taking either would depend on the analyst's bias. In both the cases, what matters is spotting the corrective patterns and participating in the larger impulses. The June'22 bottom is a relevant one as many coins bottomed out then. But have we made a long term bottom on ETH or not? This upmove on Ethereum does not seem impulsive in the eyes of EW. With the trendline broken and monthly RSI going for a reset, the alt season may not be here anytime soon. If this move is supported, we can see a sharp decline in the coming months taking the price back to 1K (or slightly below). The political interference on crypto can keep giving random shakeouts so it is important to keep a firm view on either side. Until the price remains below 3K, I would like to keep my bearish view.
Short
by sKeshav
ETHUSD (Ethereum)A follow up from this: Looking at the upmove from the $880 bottom in June'22, it's tough to consider an impulsive count. Since ETH has lagged compared to Bitcoin, the so called Alt season may take much longer than expected. Bitcoin completing it's cycle doesn't necessarily mean the Alt season begins simultaneously. It will be interesting to watch this in the next few months. If this turns out well, I would expect a very sharp fall in the coming weeks (a noticeable quality in Wave c). However, those levels would give amazing opportunities in Eth and the other few good Altcoins.
COINBASE:ETHUSDShort
by sKeshav