This simple idea is based on my observation of the head and shoulders pattern on the daily chart. The green line is the first level of support based on the historical data, although support at around $35K is also plausible based on weekly moving averages. The target for this head and shoulders pattern is much lower, at around $17K. However, it is reasonable to...
This recent drop is the reaction that I told you would happen if Bitcoin were to drop strong. Our Altcoins would remain bullish but they would show an initial drop together with Bitcoin, just to recover fast and strong. Use this drop to buy-up, rebuy and reload. Chart Analysis VIDTBTC VIDTBTC (VIDT Datalink) is looking bullish as you can see on the chart...
Bitcoin's dominance is squeezing near a key level. A breakout would be a good moment for altcoins to rise. Further, if the $39.6 level is broken, there will be euphoria in the altcoin market. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates -...
A cup-and-handle pattern has formed on the chart of altcoins' total capitalization. The price has broken through the upper boundary (resistance) and is now testing this level as support. According to the rules of this pattern, target = cup height. This could be a good opportunity for altcoin growth. Write in the comments all your questions and instruments...
2 charts showing relationship between these 3, pivotal spot here as shorts might fall enough to allow TOTAL3 to repair its demand line which will keep this rally going. Elliot wave has nailed BTCD moves and it is in the last wave down, which is a bit tricky as 5th waves can truncate, double bottom(or top), and extend. BTC.D is almost at major support, and if...
Just some observation from previous alt-season, when strong resistance was found in 0.236 of Fib chanel and then main pump begun. Also similarities with touching 50MA and 200MA. Still waiting for main leg up for altcoins considering, that top alts has not risen vs BTC. Btw, here is chart dominance of BTC. Also decisive moment
Bitcoin and Altcoins Sell Double top Head and shoulders pattern
We have three (3) signals to look at here that are telling us that Status (SNTBTC) is strongly bullish as well as the rest of the altcoins market. 1. We have very strong volume showing up on the daily timeframe. 2. We have a very clear higher low. 3. We have a rising trendline. There is more... We have a strongly bullish RSI (above 50). We also have the MACD...
altcoins doing hard at the moment...maybe some cz coins will moon hard in coming days...look on that
Before today's cryptocurrency dip, BTC was continuing to return to a price near 42K, a near full recovery to the price from merely a few days ago. Despite this, almost all alts (altcoins, i.e., cryptocurrency alternatives to BTC) have barely recovered 50% of their own respective prices from this same time period just a few days ago. So why the drastic...
A move is cooking for the OTHERS market cap, which includes all altcoins bar the top 10 It looks really bullish with the ascending scallop
At this level around BTC.D 50 , We will have a huge bounce and altcoins would bleed badly, BTC would bounce to around 60-61K to cover the CME gap
We see pressure on the key level. High probability that the price will break down the level and go down to the support line. After that, we will see the great altcoins season. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the...
Chiliz (CHZBTC) has gone beyond and so far is at 2140% of profits since our main entry... There is more... If we calculate the peak price hit from the early January low, we have over 3550% growth... Amazing numbers. Keep in mind something that I repeat often. The altcoins are all related/interconnected, the entire market is intertwined... Where one altcoin...
We are looking at the bitcoin dominance chart and there is currently a descending triangle in the making.The lines converge on January 15.I expect altcoins to rally on Jan 14 or Jan 15th.I am currently heavily buying ethereum.Please like and follow if you want more exciting technical analysis.
Hello traders, Here is a interesting pattern, we are seeing a inverted HS in Bitcoin and most of altcoins that are following price. Now the price is forming also a ascending wedge, which will probably be the breakout of the inverted HS, take in mind that the ascending wedge is a bearish pattern, so for the longterm it may break down! This is a short term trade...
BTC is enter in a dangerous area between 28k and 30k , it can have an dump soon and can be stable its the best time for the altcoins full your bag and wait for Dominance to get down The yellow lines are so important
Will the altcoins market reach $ 10 trillion by 2022?