Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ALTPERP INDEX update. ALTPERP is looking good here. It is forming a symmetrical triangle in the 4hr time frame where breakout is still pending. If we get a proper breakout with good volume then we have seen a good pump in Altcoins in upcoming days. I have...
In my opinion altcoins are likely to bleed even more and we could see even lower prices in mid term…I think based on macro economical situations and strength of bears in market and decreased trust in Altcoins due to Luna crash we are possibly going to see even lower lows and that means increase of BTC.D which has a more bullish chart in the other hand. Lets see...
hey what's up traders I hope you're doing well despite the BlackRock/Citadel sponsored attack on LUNA. Considering the fib levels of the fib circle based on previous critical resistance we just exited the bearish 2.618 and should start a more bullish phase. There is even a bullish ABC wave showing a possible reversal for the altcoin market if it finds its new...
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💎The critical factor in the recent price action of the Alt Index is the bounce off the average-price downtrend trendline. Besides, after a bounce, we can see a double bottom formation near 3275. 💎The above-mentioned facts strongly favor the beginning of a strong uptrend. But on the other hand, we can see that the consolidation phase between 2870 - 4000 is taking...
💎Since April Alt Index has dropped by 58%, and during the past week by 45%. But should the knife-catching buying opportunity be considered? 💎The crypto crash has resulted in massive liquidations especially if we look at Luna, losing 99%. For most this is a huge warning sign, but we know that bulls are coming when there is mostly fear. 💎Current Fear & Greed Index...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ALTPERP INDEX update. ALTPERP INDEX is at an important level of support. We have seen a bounce from this area multiple times. So If we go for some long positions here then the risk is very low and reward is high. Also, Altperp is trading inside a falling...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ALTPERP INDEX update. ALTPERP INDEX is basically used for perpetual coins (Futures trade). ALTPERP is forming a falling wedge like structure in 4hr time frame. Also, holding an important support level (green box) so far. Currently, it is bouncing from the lower...
Looking at the total market one may find that it can also be measured with the same tools and dynamics of understanding like any chart. From what i see, this since this is excludng the BTC and ETH, means money is pouring in and out, so id expect a reaction once it hits the conversion line, but the reaction of it is still unpredictable, since in stock-to-flow...
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Expect Altcoin Index Perpetual Futures to increase 16.06%
🦊¶REDFOX CAPITAL™¶🦊, Good day everyone its your man Redfox the last time i warned about a dump when i analyzed the USDT.D index which played out perfectly now the market have recovered and everyone is happy longing but theres something on #alts index you should know , the red box is obviously a dangerous zone, and needs to be broken first before the next...
The chart explains it all! Not at all good for the alts. Descending triangle has almost squeezed and thus resulting a quick volatility! In order to ignore this bearish sign ALTPERP has to close a couple candle above the green zone! atleast a 2 candles above the 4000 to 4100 zone. Or we may break the 3k strong support so hard and reach the next support level range...
strong buying singnal after bounce over and over again on a strong support level
There’s strong bearish bias because we are still under the 200 day moving average and there’s already been a retest and rejection. However, we are sitting on a strong key level at the moment. If we break below it’s probably game over for Alts for now, but if we break the trendline both on RSI and on the chart, I’ll be confident for a reversal.
For the next few days, from some source that I've gathered these 35 hours. All altcoin could react into the next support due to crypto donated for Ukraine is gonna used to buy weapons and some militarization equipment. I can't say it's a good thing to open a long position for this short-term (7-12 days). and besides that, beware with FOMC in the next week. MARCH...