Crpyto
TOTAL2/USD- crypto market doble bottomed ?! alt-season ?!The TOTAL2 chart is showing all cryptos/$ excluding Bitcoin. I see a double bottom. This for me looks like the start of alt season. In 2017 we started alt season in the beginning of december! history does not always repeat, but....
have a nice weekend
peace ;)
*no financial advise ! it´s just my opinion.
Three Percent Trade Idea: Go long TTOOHere is a great opportunity to pick up TTOO .
At Three Percent Trades we have a price target of $4.27 / share, which is a potential upside of 77.2%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
LTCBTC (Will It Breakout or Flow w/ Trend)LTCBTC is currently testing a breakout in the same manner that it 'broke-in' - is that a thing?
Forming somehwhat of an 'L' during its descend into the current trend pattern, Litecoin/Bitcoin recent actions show the possibility of a breakout, possibly forming somewhat of a 'J' on the breakout and beginning of a new trend upwards. My close EMAs (10 and 15) show uptick in momentum as the 10 has recently crossed the 15. I wouldn't say that this is a surefire indicator however, it's shows the likelihood how of a good test run above the current trend line.
Either way, I've constructed some good entry points for both the possible BUY and the SELL. Check them out below and let me know if you dig the steez.
BUY ENTRY: 0.006892
SELL ENTRY: 0.006061
ADA bouncing off of monthly support? Safe trade idea.Low risk no bullshit trade idea.
Buy at 481
SL @ 472
Don't overtrade - manage risk.
I'll update with PL later - im making this on the go.
Bitcoin DominanceThe Bitcoin dominance compared to the Altcoins is looking weak right now.
It tried three times to break through the trend channel the last couple days, but
could not manage to stay outside of it (H4 timeframe). The last 4h candle closed inside
the channel. If the daily candle closes inside the channel today, we can expect a downside
of the BTC dominance, which would lead to a recovering phase for the altcoins from the
bearish days.
We might see the BTC dominance going down to around 60%.
If that happens we even could see a little altcoin rally.
Let´s hope, that the altseason begins :p
0x Box Range (ZRX/USD)One approach to trading a box range is to find a consolidating range bottom with low volatility. Buy when there is a test of the support level in an uptrend, placing a stop loss if price makes a new low. Increasing volume should confirm buying interest. After a breakout, buy on a throwback and retest of the resistance line.
XRPUSDT: +30% On OutbreakIf we forget about all these wicks happening recently and solely focus on the actual trading substance, you'll notice that an ascending triangle is lurking in the data.
As per classic technical analysis, these triangles may indicate a continuation in 70% of cases and a possible breakout is backed by its continuous RSI uptrend.
I'd consider a confirmation 5% above breakout point, which would lead us to the lowest entry of 0.58 usdt.
Based on ruler measurement, we are facing up to 30% growth prior confirmation which would lead us to a highest sell point at around 0.61 usdt.
Due to the recent wicks (which I assume are stop hunts in both directions), I'd consider to put them well beyond the wicks that already occured.
My observation is backed by my TA looking at the bigger picture: