altsandislands

altsandislands Updated 

On the 1HR, we can see Bitcoin getting squeezed here in a symmetrical triangle pattern. Eventually, the price is going to break from this pattern, and a relatively big move will follow. To the upside or downside, no one can say. Symmetrical triangles are more likely to break upwards. Pair that with Bitcoin's increasing positive sentiment, and we may see another...

altsandislands Updated 

I've been tracking this PEPE inverse head and shoulders for quite some time and this looks like it has the potential to be a textbook breakout. Shooting for that 300% increase level around 0.003 with 1000PEPE or 0.000003 for PEPE. I'm personally going to LONG this move with left over funds that I am not worried about losing. Looks like a perfect entry sitting at...

altsandislands Updated 

ADA reaching the end of its falling wedge pattern and overdue for a break out. For weeks we have been downward consolidating and with strength back in the market and Ether setting up for a breakout as well I expect to see ADA breakout to last years highs. In December we touched the 0.67 - 0.68 range and I can see this set up putting us back there. Great Long...

altsandislands Updated 

ADA reaching the end of its falling wedge pattern and overdue for a break out. For weeks we have been downward consolidating and with strength back in the market and Ether setting up for a breakout as well I expect to see ADA breakout to last years highs. In December we touched the 0.67 - 0.68 range and I can see this set up putting us back there. Great Long...

altsandislands Updated 

I have been seeing a lot of charts posted with the formation I labeled on my chart with the X. A test of old resistance getting rejected and bouncing off old support before another leg up. I find this to be not as likely as a lot of people think. The move upwards has been fueled less by retail and mostly by institutional money gobbling up every pullback, sometimes...

altsandislands Updated 

Bitcoin has been floating sideways for over a week now, consolidating. While everyone is out here posting their bearish theories, I think we are due for a large bust. GBTC has begun dumping their premium-priced Bitcoin again, and the market continues to gobble it up unphased. No fundamentals have changed.  Huge bitcoin ETF inflows, bullish. Exchange supply drop,...

altsandislands Updated 

I am currently watching this SEED_DONKEYDAN_MARKET_CAP:PYTH downward trendline waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days depending on Bitcoin's price movement. Lowest entry could lead to a quick 35% spot gain.

altsandislands

The bitcoin halving, which occurs every four years, is encoded into Bitcoin itself. Its purpose is to cut in half the amount of Bitcoin that is rewarded for every block that is mined, meaning you must double the processing power every four years to mine the same amount of Bitcoin. (A block reward refers to the number of bitcoins you get if you successfully mine a...

altsandislands Updated 

Bitcoin's price is getting compressed on the 4hr and a big move in inevitable in the next 24 hours. Many people are posting bearish TA... but can you really ever be bullish enough on the most successful asset in human history? On top of that Asia markets today opened strongly showing support and a squeeze of shorts could potentially push the price to 53.3K.

altsandislands

Regarding my last post we looked at the Bollinger Bands which were tensing up indicating a volatile move in the near future. That move happened and we are seeing upward momentum. Tectum has broken out of this downward trend and according to the TA its very possible we see a pump up to 130% around the $70 dollar level. This would be retesting an ATH which happened...

altsandislands Updated 

I have been watching TET from $18 rise to $45 and now back down to $27 where it is currently ranging. I am heavily interested in this coin over the next bull run and I think it has major potential to attract massive inflows in capital. Being the fastest blockchain in the world is gold marketing in the crypto world and I think it will catch on more than it already...

altsandislands Updated 

Bitcoin is currently inside a channel trading between ~44k - ~47k. As you can see on the chart the 44k level has been strong resistance and now that we have broken it, a healthy move would be a slight pullback and retest of that area. If we can turn that past resistance into support it would be better for BTC in the long term rather than a continued pump which can...

altsandislands Updated 

On the four-hour it looks like a textbook cup and handle has formed which has already began to play out. Its likely we a see a slight dip and test old resistance at 44k, turn it to support and continue to blast off past $48,000! Now short time frame analysis is all good and fun bit I think at this point we have to consider an unprecedented event that seems to be...

altsandislands Updated 

RLBUSDT is currently sitting ~0.118 up a small 3% today. As you can see price is fighting to beat the resistance at 0.12. If we can reclaim this resistance and turn it to support a rise to 0.15 is expected with a solid 25% gain. 0.15 is also a level of resistance and we may trade between 0.15 and 0.12 until an eventual break upwards to 0.196 which is the next...

altsandislands

-Repost of mine but without short term TA- I think at this point we have to consider an unprecedented event that seems to be playing out in real time. Bitcoin is entering or has already entered a bull market in 2024... before the halving in April just 67 days from now. To be clear we have never seen this before. Historically we see a decent pull back leading up...