This chart shows the total Crypto Market Cap, includes every coin on the market. The Fib levels are drawn from the Covid Crash to the ultimate November Top. Upon the bearmarket retrace we bounced of teh 0.786 support zone to reach current resistance at 0.618. There is a clear uptrend forming, now this is nothing to trade with imo, just important to note that...
As mentioned in the related idea: BTC Dominance broke out and this is the main reason your alts are bleeding. Buy alts when dominance is high and sell them when dominance is low. BTC and ETH dominance both might be breaking out to test 52-57% and 22-25% respectively. Personally i dont think BTC dominance will rise much higher than 52% unlike ETH that might...
This chart shows the total Crypto Market Cap excluding BTC and ETH which at time of writing represent approximately 70% of the market capitalization (look at Dominance for BTC 49% and ETH 20%). The chart indicates a bounce at the levels where we bounced in January 2023. We can surely drop lower, BTC dominance and ETH dominance may possibly breakout more to the...
NEAR is back at Entry levels. After loading up 1.7$ 1.5$ and my biggest bag at 1.25$ levels took some profits on the last pump to 2.7$. Sold a little early tbh due to the Bearmarket Blues still influencing my emotions. Now reloading my bags for the longterm at these levels again. As i said in the previous post i like the fundamentals on NEAR. You can check the...
There are several macro catalysts looming that are expected to play out in the next days and next couple of weeks. - DEBT Ceiling - FEDNOW launch - SEC vs Ripple FED and US TREASURY - DEBT Ceiling The United States Treasury is going broke, the FED is broke and banks are crumbling. The market crash actually started back in September 2019 when the yield curve...
The 49% Resistance area for BTC D. has been at play since the summer of 2021 when we first hit that resistance level. You can see in previous areas BTC D finding resistance was bullish, money flowed into Alts and Total Crypto MC pumped hard. The 3d retrace was marked by a further dip in overall Crypto MC but coincided with a drop in BTC price. Currently since the...
NEAR has very strong fundamentals. They are one of the most active blockchains in terms of development, simple check of GITHUB and you get the info. First buy at 1.7$ already hit next one at 1.5$ as well Next: Buy targets 0.80$ 1$ and 1.25$ adding some more between 1.3 and 1.5 as well as i like what im seeing lately and believe in NEAR in the long term (next...
Chromia has been doing pretty well after recovering from the december lows. Holding well in this dip and already gaining upwards momentum. I couldnt help but realise this pattern re occur (one in green rectangle). if you look closer it is very similar and if it plays out could signify a local top at the 618 level of the current fib retracement from the...
MACD and RSI seem ready for a reversal, check the daily TF as well to see what i mean. OGN seems to be bottomed out and is a 5x almost away from previosu ATH . Hope BTC helps out the party and allows us to pump
MC is a metaverse coin that got listed on Binance once the Btc dip started thus bringing it dosn to the 4 5 dollar level from a high of 11 dollar. It has now formed a near prfect ihs and just retested the neckline. I believe we are ready for a nice lift off. Firat TP 7 dollar then 8 at the 6.18 level. Smaller tf Macd and rsi look good for a reversal Volume is...
After the crash of today CTCX did a 50% retrace and is now finding itself just below the 618 level of the previous insane pump. We did hit a double bottom at the previous resistance of 0.55 so there might be some nice short term continuation to possibly for a second lower high as most of these alts do after such runs. Target, possibly at 90 cents for a 50% gain
CHR has almost retested the previous breakout triangle which it had basically left untested since its breakout. CHR had failed to pass 1.5$ now at 0.65 currently it seems like a treat of a buy. big resistance at 1.20$ and 0.80$
You can see its ready to exit this triangle, I believe a minimum move of 50% is coming for KMD. The BTC pair has also hit support. I believe next weeks we will see a big move by KMD
BTC pair chart shows the same. Mith has been playing in this triangle for quite some time patience pays off, enter now or wait for possible retest
Large Volume double bottom bounce on MDX. 1.05 first major resitance imo after a weaker one at 1 Then around 1.15 is the next crucial level that will determine if it breaks this downtrend or not.
Possibly a nice DOJI reversal going to form tonight to continue to uptrend very soon. First TP around 1.18 and then 1.75 ish level. All current profits will stream into DOT from my side to add one final stack during the last possible day of crowdloans.
GRT has been playing around at this Genesis FIB level trying to break through and i feel like we will finally see a move up to 1.70 ish levels. Still a reasonable buy imo, but i got my bags already packed. GRT has been unpumped when comapred to other alts. Good one to keep an eye out for
Im still bullish on the over market, but i think 48K wont just break like that. First we will see a retrace back to the 44 45K area to form a perfect IHS and then fight previous resistance at 52ish K with a bullish breakout and pattern. Hope you have taken profits on alts and that its not too late to do so but i think most alts will get rekt first then boom