Many altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP: 1) POPCAT COINEX:POPCATUSDT Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price...
BINANCE:XRPUSDT It seems like we in the drop I predicted a few days ago (find here👇): I really just watched the rotation between Bitcoin, Alts and Bitcoin dominance which gave me a good idea of where we are in the cycle compared to the previous years. See also👇: Naturally, alts will fall harder than BTC and there will be a few shorting opportunities across...
A Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone: It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time...
Many altcoins are currently in Accumulation Phase and/or approaching great buy zones. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways. It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how it is crucial to watch not only...
The greatest thing about bullish impulses / parabolic upwards price action, is when you know you can ride the tide because you ALREADY have a position. However, this means having the courage to buy when the prices are low and there is no immediate sign of a turnaround to the upside. I'll say again; profits are made in bullish markets but secured during bearish...
DOGE has been trading undeniably bearish over the past few weeks, as we see significant signs of bearish price action: - 📉 lower highs - 📉 lower lows However, if we take a look at a fractal that played out between Dec 2023 - Feb 2024, there is definitely a chance for a PARBOLIC PUMP. Watch this short video to find out how (there are TWO SIGNS we need to see...
ETH is still correcting after the bearish chart pattern (M-Pattern) formed. The next major demand zone is identified two ways: ✅- Connected with the longstanding diagonal trendline, which acts as a support ✅- Bounce zone for previous major candle wick ✅- Previous resistance, then support, now about to be retested as support As a first stop, the lower white...
Yesterday, I made a very comprehensive update on why BTC likely has a hard drop coming - the only problem is it published the video on the BTC.D chart 🥴 So, you've likely missed it and I will repeat it here today because it's a VERY clear signal. Altcoin dump happened BETWEEN the first turquoise and the purple vertical line, from halfway onwards: Up until this...
Hold on to your horses - in today's analysis we're going to do a really deep dive on Bitcoin, the altcoin market (TOTAL 3) and Bitcoin Dominance (BTC.D) Make sure you watch all the way until the end to reach the final conclusion! In this video, I systematically point out two main reasons why the corrective phase isn't over, as well as what could possible happen...
MEXC:BABYTRUMPUSDT MEXC:STRUMPUSDT BITMEX:BTRUMPT BITMART:TRUMPUSDT Trump coins recently surged as Kamala Harris said she would appoint SEC Chair Gary Gensler as Treasury Secretary if she wins. To be perfectly clear, this post is NOT aimed at showing preference to either party - but rather taking a look at where trump-related altcoins could go next after...
For the last few months, I've been preaching patience as we saw a multi-month correction play out, all as a part of the bigger-picture Elliot Wave playout. The charts are looking positive after some bullish action started showing up from yesterday. I'd be ready to say the corrective phase is finally over and we're starting the new impulse wave up IF Bitcoin can...
UMA is approaching an ideal buy-back zone whilst forming an important chart pattern - the Three Dives Down Pattern. This pattern goes by many names including Three Drivers, Three Drives Down and Three Dives Down (which is the one I prefer to use). This pattern is bearish for the SHORT term, but bullish for the NEAR and LONGER term. It's important to note that...
Solana was one of my TOP PICKS for alts in 2024. Second to Ethereum, the SOL space keeps growing as more and more dApss are being built on SOL. The market cap for Solana is looking healthy, after recently peaking at $93B: This is an incredible achievement, and I expect the market cap to continue to grow in the longer time. Naturally, we can expect SOL to...
RENDER is one of my top altcoin pics for 2024.🏆 It increased a generous 305% since the beginning of the year, and a new bullish cycle is likely next s soon as we hit the ideal re-accumulation zones where whales prefer to buy back. A -77% retracement hit the next major demand zone, where I expect to see a decent bounce. Between this zone and the lower zone ,...
BINANCE:SHIBUSDT Many altcoins are currently in Accumulation Phase. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways. It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how BTC loves Decembers: The good news, is that this...
The accumulation zone is your ideal BUY zone. The reason being, is that with some patience the next part of the cycle is the increase / impulse wave UP. 1) SHIB 2) DOGE 3) RUNE 4) FANTOM There are a few more, but that's what we have time for today! Catch us here again tomorrow for more updates. ______________________________ BINANCE:FTMUSDT ...
PEPE is in the middle of a solid bearish market (According to Wycoff Method Chart Analysis). With the RSI in the daily under 50, the price continues to be bearish. It is likely that PEPE will retest the next major demand zone, where a potential bounce could be found as buying pressure can be expected on this demand zone. From a technical indicator perspective,...
The 4 Year war is over for the worlds most hated altcoin. Judge Analysa Torres has ordered Ripple to pay $125 million in civil penalties and cease any further violations of securities laws, concluding the outstretched legal case against Ripple. This penalty is favorable for Ripple, given that the SEC had originally claimed a $2 billion fine. Considering the XRP...