Bullish pattern apparent for altcoins - can it break out?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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Altcoinseason
Possible bearish retest for BTC.D looking good for Altcoins?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
ALTCOIN dominance (Y20.P4.E1).MACRO.Bullish.Can't be ignoredHi All,
I saw someone tweet this yesterday as the weekly chart and he makes a good point.
Its what many of us have been saying, at the macro level.
It also looks like when you see many Alts hitting their 0.618 or more retracement level with some already completing the reversal bottom pattern.
Its good to see it from another perspective, like this chart. It can't be ignored.
Cheers,
S.SAri.
Bitcoin Dominance there might be some tricky times for alts soonWe have a falling wedge coming closer and closer to finish inside a big bull flag on Bitcoin dominance chart. If first one breaks up, alts are in problems and when flag breaks up, it's going to close a carnage of altcoins.
We can probably get one more down (at least) on each of these chart patterns, but times when we have to become very careful with alts investment are closer and closer.
$MATIC / Matic BULLISH chartI have to admit... I absolutely hate this chart. It's so ugly. Just like XRP and TRX.
That being said. I'm still quite bullish on Matic. There has not been big news coming out of the company lately, but I'm sure they will announce something massive and DeFi-esque soon.
That chart is getting closer to the end of this massive triangle and soon has to decide weither it should roll over and die or explode upwards. (My guess is the latter).
The lower yellow line has been respected as support 5 times. Last time was yesterday.
The blue horisontal line has also been of big significance @ 167 sats.
My guess is that we break out of the traingle to the upside -> Meeting resistance at the top yellow and top green line (bit of zig-zag in that area) -> retest the top green line and bounce off it -> MOON CITY.
I would not be surprised though if we revisit 167 sats one last time as a fake-out. If what were to happen I would be buying enormous amounts og Matic.
Let me hear what you think!
#DYOR
[Update] BTC Analysis From Now to 11/2020, Altcoin Season !- After False Break BTC price go back in triangle and maybe will continue sideway in triangle.
- BTC Dominance backtest 62 done and will continue down to 57-58.
Still as the previous analysis, BTC sideway and BTC Dominance down is time for Altcoin Season, Altcoin will have new ATH.
Good mid term opportunityQtum has great fundamentals after a month from now ... New #Qtum Mainnet Release Qtum v0.19.1 - Hard Fork - Mandatory update - Offline #Staking !!
Also, Qtum is now on voting list for tokens which will be listed on Huobi Japan !
So we can enter now between 2400 and 2470
Short term targets:
TP1 2563 6.7%
TP2 2680 11%
Mid term targets:
TP1 2890 17%
TP2 3057 27%
TP3 3300 37.5%
TP4 3700 54%
All targets can be touched easily after the new updates ... And it can make huge profit like *2 *3 or even *5 on long term as it has great project ...
*Make your own analysis, and good luck*
Ziliqa Consolidating NicelyZILUSD is struggling with the 4-hour time-frame at the moment but from a 2-day and 3-day perspective things are looking very good indeed.
Price seems to have found good support around the 16 cent level to consolidate this months upwards price movement.
Our 40% target was delayed, but back in play.
Good fundamentals Icon has good fundamental news, the team will release the new update to mainnet on 27 july 2020 ..
On the technical analysis, Icon is now retesting the 38.2% fibo level resistance and it's highly probable that it will be broken ...
Mid term:
Entry point: Between 4300 and 4500
TP1 5567 29%
TP2 6544 52%
TP3 7936 84%
TP4 9709 125%
SL 3379 21%
*Trade on your own risk and make your own analysis*
Good luck.
Scalping opportunity ..POA/BTC testing 50% fibo point, which is a strong support ..
We can do scalping with entry point 157
TP1: 176
TP2: 183
TP3: 199
SL: If 4H candle close under 151
Make your own analysis ...
Good luck !
BTC Up to $9550 - ALTCOIN SEASON IS STARTING NOWWWWWWWWW BTC domination is going to 60-62%, while bitcoin grow up to 9550. Further update will be posted in my tradingview personal page.
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FTT is one of the predicted most profitable pair in this season, see the chart below for the short term target with 50%
Good opportunity !!New uptrend and very bullish signs !!
Entry between fibo 0.38 and 0.5
Entry: between 106-119
profit:
-132
-151
-174
No stoploss !!
Good luck.
Good long term reversal signs ..Amazing uptrend on this pair thatwill lead to amazing profits ..
entry between 0.50 and 0.61 fibo
Entry: 42-45
Takeprofit:
48
52
56
60
Stop: 40-41
30 days TIME WINDOW for buying BNBNo need to discuss the future of BNB the native token of the biggest and most famous exchange in the world !
Binance Coin outperformed Bitcoin by large measure during the 1 year BULL and 1 1/2 year BEAR market !!
... until it peaked in BTC terms on about the 20th of April 2019.
In Bitcoin terms it HAS LOST 2/3 of its value (- 64%) until today !! That's a lot for a winner like Binance.
HOWEVER ... THE GOOD NEWS is it seems it will bottom in the next 30 days timeframe !!
There is a 30 days window to buy up this 5* coin on the cheap !
Target: 0.001616 BTC
If you are less aggressive, you can buy it now: who knows if it will get there ?
We are only 5% away from target !
Could this be THE FINAL SIGN of the START OF THE NEW ALTCOIN BULL MARKET ??