after a breakout of $0.12, the next target is $0.24$0.12 was a wrong decision on a short position but what about $0.24?
Altcoinseason
Ontology is a $16 cyphercypher harmonic pattern:
B=0.38 A
C=1.41 B
tp1=1.27 C=$3.33
tp2=0.78 A=$7
tp3=2 C=$16
Ethereum was a bat from the beginning of the creation!bat harmonic pattern:
AB=0.5 XA
BC=0.88 AB
CD=2.6 BC=$3800
the 5th wave of Elliott would be bat reversalI believe the 4th wave of Elliott ended at $0.0013 and we are at the 5th wave.
bat harmonic pattern:
AB=0.5 XA
BC=0.88 AB=$0.0027
CD=1.6 BC=$0.0008
or
CD=0.88 XA=$0.00059
or
CD=2.6 BC=$0.0003
$750 could be the end of the bull run of Binance coinwith the past footprint of BNB, we can create a descending channel for the future flag pattern
Komodo is a shark on Hitbtc exchangeshark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
CD=1.6 BC=$7.3
or
CD=0.88 XA=$8
or
CD=1.13 XA=$17
or
CD=2.24 BC=$27
don't wait for shark reversal, it's a bat!bat harmonic pattern:
AB=0.5 XA
BC=0.88 AB
CD=1.6 BC
or
CD=2.6 BC
1INCHUSDT - CORRECTION THEN LONG AGAIN
1INCH UPDATE since catching this massive move from the very bottom and securing over +350% profit on two positions. Market is now making a beautiful daily correction, after this move i am then expecting the continuation to the upside and market to form another higher high on the daily, we will be waiting on the 4hr timeframe for a valid entry to long.
$BNB - $510 the goal - memelines the GOATBNB has done amazing things fundamentally with BSC - binance smart chain, staking opportunities, the exchange itself so it has been uber bullish
The cleanest pennant I've ever seen, break and retest and its only been up
Memelines are the GOAT
Should see a decent pullback at the 2.0 as the chart is pretty extended and that will be a whole standard deviation extension from the pennant high
High 300's to low 400's are 4H demand areas and 1D structure levels, good areas for buys on corrections!
GRTUSDT BREAKOUTGRT dont miss the breakout huge break of the falling wedge now we are breaking the horizontal resistance on the 4hr pump should follow if we see a confirmed break.
ADAUSDT - BREAKOUTADA is breaking out above this confluence of resistance we have entered a nice long dont miss this pump.
ANKRUSDT - BREAKOUT COMINGANKR since its recent bullish impulse has now made a nice correction, during the correction on the 4hr timeframe market has formed this descending triangle formation, im still bullish ofcourse and waiting to see a 4hr break and close above the descending trendline before looking for an entry to long.
ERN - Trend reversal - 200% gains minimum until end of AprilJust my idea. Not financial advice, although I've gone long at ~47$
Cosmos - summer prospectionWe are currently facing a very important Fibonacci level as far as the historical price action is concerned.
In daily view we are above 0.786 before a notable momentum that already seems to be moving the price's value.
We have reflected the possible levels to take into account to operate.
In what direction do you think it will go?
Thanks!
UNI/USDT 🦄Hey hey my friends 👋
Uni looks like its wanting to take off, its alt-coin time anyways we are buying here 🦄
DOT/USDT LOOKING FOR ANOTHER LEG UP Hey hey my friends! 👋
DOT here for a new price discovery phase about to happen 🚀
Total Altcoin Market On Its Way To $1 Trillion Market Cap1 Year ago, on March 31, 2020 the total altcoin market was valued at $62 billion. Today Ethereum alone is valued at $210 billion.
TOTAL2 measures the total market cap of all altcoins (Total crypto market with BTC excluded).
The Total Altcoin Market is currently valued at $700 billion while BTC has a market cap of $1 trillion.
Looking at TOTAL2 there is resistance at current market cap level of around $700b.
The altcoin market is continously making higher lows and is creating somewhat the same highs.
This is creating an ascending triangle meaning we can see global breakouts across altcoin markets in the coming days.
The Relative Strength Index is showing bullish progression. RSI seems to be "breaking out", an RSI level of 85 seems like a good index level as a target.
On the Weekly Timeframe you can see this market is healthy by retesting previous alltime high zone:
Does this market structure look familiar to you? It might remind you of BTCUSD at the end of 2020, it has the same type of market structure.
If the altcoin market follows the same course, things could get very exciting for altcoins:
Next I looked at some of the top-10 altcoins by market cap such as ADA, BNB & THETA and they all look bullish or creating bullish patterns.
If the total altcoin market increases 42% in value, the altcoin market would be valued at a market cap of $1 trillion.
This is a huge psychological level and when BTC hit $1t market cap this created alot of FUD and Bitcoin dipped 30%.
BTC's Dominance in the overall crypto market remarkably finished making a perfect Elliot Wave:
(This chart works with percentages on the y-axis.)
3 strong impulsive waves (1-3-5) followed by a 2 corrective waves (A-C) and retested previous trend perfectly (B).
Great Elliot wave!
Bitcoin also pulled back perfectly to the 50k USD zone.
This is very promising for the longterm! The longer price stays around this area, the better it is remembered by people for the longterm.
If a number like that is skipped too fast it can create unsustainable growth and uncertainty/doubt for the future.
Also when Bitcoin increases in value, it is almost inevitable altcoins will too.
So I come to my last bit I want to mention: every last Friday of the month the contract options of CME expire. This usually creates a dip nearing this point in time.
It's one of the biggest exchanges for trading derivatives and has an effect on the Bitcoins market:
BNBUSD : COIL / SWING TRADE 🚀 🚀 🚀 Uses of Binance Coin
Just like other evolving cryptocurrencies, the Binance Coin offers several uses that go beyond the Binance exchange, such as:
Trading: Binance Coin can be traded for other cryptocurrencies on various exchanges, depending on the restrictions set by the exchange.
Transaction fees on the Binance Exchange: BNB can be used to pay for transactions on the Binance Exchange, and users also receive a discount for doing so.
Credit card payments: BNB can be the form of payment for crypto credit card bills on Crypto.com.
Payment processing: Merchants can offer BNB as a means of payment for customers, offering more flexibility in payment methods.
Booking travel arrangements: BNB can be used to book hotels and flights on select websites.
Entertainment: From paying for virtual gifts to buying lottery tickets, BNB serves several purposes in the entertainment space.
Investment: Several platforms allow investors to invest in stocks, ETFs, and other assets using Binance Coin.
Loans and transfers: BNB can be used as collateral for loans on certain platforms. Also, there are apps that allow users to split bills and pay friends and family through Binance Coin.
SOURCE : corporatefinanceinstitute.com
BNB ANALYSIS VIDEO - Where To Find 100x Tokens Before It's TOO LATE!! 🚀
www.youtube.com
SOURCE : COIN BUREAU, Feb 11, 2021
