Bitcoin Dominance Elliott wave countBitcoin Dominance showing weakness also oscillators diverging may signal a switch to altcoins season soon!
Altcoinseason
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SOLANA - Macro DistributionThis is an idea I had posted about a while back that is starting to play out. Now that we have a full picture, it's pretty safe to say that this is a macro distribution. The weekly & monthly TD sequential have both printed 789, which also marked the macro top last cycle. As much as it pains me to consider this possibility, this bull run may get cut short if this plays out
Bitcoin Dominance Looks Towards ATLBitcoin has reigned supreme within the crypto universe since its first introduction. The BTC.D shows a shift in the trending direction however. Should levels make a return to 74% or better, expect all time lows to come near 2027.
Posting for tracking and public historical reference.
Altcoin Season 2025Crytocurrency alternatives are lining up for a deep descent in 2024, however, the timeline for 2025 points to serious altcoin run in the makings.
Simply posting for tracking and public historical reference.
SCUSDT | Ready for Continuation?Market Context
Is SCUSDT poised for an upside continuation? With BTC rallying on positive CPI data, the stage is set for some altcoins to follow suit.
Strategy
The stars are aligning for SCUSDT, and I'm eyeing a high-risk, high-reward trade with a 6.63 RR. This is the kind of opportunity that can move fast, so timing is crucial.
Action Plan
Entry: 1M chart—be quick!
Let's catch this wave and see where it takes us. Stay tuned for a thrilling ride!
ROSE Weekly Re-Accumulation / Macro EW ProjectionsROSE has a perfect looking daily re-accumulation going on here.
I have a macro Wave 5 target all the way up at $0.53 and beyond. Ideal entries & targets are highlighted in yellow, however I already took an entry lower. We may not see those levels for entry again.
This coin is currently trending on Twitter, and stayed strong during the big market dip. Once the market starts bouncing back, this will bounce back twice as hard.
Ideal Entries $0.1106, $0.10500, $0.08745
Long Term Wave 5 Targets $0.24293, $0.27873, $0.356, $0.53344 (and beyond)
Weekly PEPE: 130%-145% Gain Potential & Key ZonesRequest from crypto bro's @MyCryptoParadise_Nathan
My personal outlook for PEPE on a weekly time frame is that it has already pumped quite high. If the market makers still want to pump it further, it might go up by 130% - 145% from the current price. However, PEPE is part of the memecoin sector, where pump and dump often occur.
The area of 0.00001006 - 0.00000832 is quite good for accumulation, whereas taking profit around the area of 0.00002395 - 0.00002570 would be advisable.
Disclaimer: This is not financial advice. Please do your own research and consider your financial situation before making any investment decisions.
BICOUSDT | New High Soon?Market Context
Is BICOUSDT gearing up for a new daily high? The charts are looking promising!
Weekly Analysis
On the weekly timeframe, we've finally broken above and retested the 20 EMA—a classic signal for a move higher. With altcoin season just around the corner, BICO is poised for a significant upward move.
Strategy
I'm jumping in and longing the market now! The stars are aligning for BICO, and we could be on the brink of an exciting rally.
Let’s ride this wave to new heights!
Altcoin/Bitcoin AnalysisAs I always say, when I look at the ALT/BTC parity, not the Bitcoin price, I see a downward break in the 40th week of 2019. This breakdown may happen again, it is possible. After this breakout, I expect to see a scenario in which Bitcoin becomes in a channel. (70 - 50k) This scenario would also not be contrary to the macro perspective of the markets globally. Another chart that supports this scenario is the USDT dominance chart. We can think that this chart will reduce the price of Bitcoin as it rejects the uptrend and rises to decide the continuation of the trend. Seeing the rise of Bitcoin dominance in this process signals to me that some altcoins in particular will be hit hard. Therefore, there will be great bleeding in the altcoin market, except for the solid altcoins. However, the altcoins that survive this process will make ATH much more performant as Bitcoin reaches its 100k target.
BTC D. forming a bear flag on the 4h chart.This is great news for the Altcoins you are holding.
When the dominance drops, the altcoins start to thrive. We can utilize this moment to take good profits on BTC because the price might also drop.
it's a good time to start investing your bags into some of the top 100 or 200 Altcoins, so fasten your seatbelt, grab some popcorn, and watch the show revealing itself!
BINANCE:BTCUSDT and CRYPTOCAP:BTC.D
CHRUSDT | Bull Flag Analysis🚀 Exciting trade opportunity forming on CHRUSDT—you don’t want to miss this one!
Market Context
BTC is rising, and altcoin season is just around the corner!
Daily Chart
We saw an amazing breakout on the daily chart with a strong green candle. This signals robust bullish momentum.
2-Hour Timeframe
We're currently in a small retest phase. On the 2-hour chart, we've broken the previous high and are retesting it immediately. This is a classic sign of an upcoming move upwards.
Trade Setup
With a risk-reward ratio of nearly 8:1, this trade is too good to pass up! I'm targeting the next daily high, which aligns perfectly with our bull flag target.
This setup looks incredibly promising—let's see how it plays out!
CAWUSDT a Fresh, Strong & Capable Project / (Memecoin Basket)HTX:CAWUSDT
MEXC:CAWUSDT
Hello Traders
CAW is one of my suggestions for the altcoin market (Memecoin Basket).
Highly potential for the alt rally season.
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
As the alt-season rally approach, the demand for meme coins will increase continuously.
CRO Macro Accumulation / Comprehensive AnalysisCRO just put in a bottom here, and I'm going to give you a full breakdown.
First, we have a macro Accumulation finishing up the last stages right before the markup. These have been playing out with huge pumps on many of the other altcoins, and this time we caught it very close to the bottom.
Next up, we have our Elliott Waves. CRO just finished retracing Wave 4 onto the top of Wave 1, which is perfect according to the EW rules. We should be seeing a Wave 5 up to $0.42662, which also coincides with a major monthly supply.
Finally, we have our ideal entries and take profit levels. I put in a market order since I believe we are already bottomed out, however if the price comes down any lower, here are my additional entries:
$0.1018, $0.09645, $0.8414, $0.07495
Our partial take profit levels on the way up:
$0.2317, $0.2637, $0.30, $0.3716
Follow us for more trade setups this altcoin season and make sure to come back and let us know how much you made on this setup!
-Pat
DigiLex, LLC
President & CEO
BTC.D ALTSEASON 🔥🍻Hello friends, I hope you're all doing well.
The altcoin party is closer to us than the jugular vein..
The Rising Wedge Bearish pattern has broken downward.
TOTAL3 has also broken through its current resistance and pulled back.
STX Accumulation / Massive Pump IncomingSTX has a perfect accumulation that just put in a spring right here. We're right near the bottom of what's about to become a massive pump. Altcoin season is in full swing and this is the next top gainer! TD Sequential has 789 on the daily and oscillators are showing daily bullish divergence.
Baby Doge: On Its Way to the TopThe Baby Doge chart shines like a diamond in the middle of the market.
A lot of good news about this cryptocurrency has been reported, but it is still in a sideways movement.
The most important news last week was the mainnet transition from BSC to Solana.
Lower fees, higher speed, and most importantly, the hype of meme coins on the Solana network are key factors.
We are in a very critical time period, and it is likely that the upward wave of this currency towards the peak will start from June 24 to August 7.
Given the two-year sideways structure and movement, I expect an explosive move after breaking the peak.
If there is any change in the structure, the analysis will be updated.
Looks Interesting HereTraders,
Though the alts are waiting on Ethereum for confirmation of further price direction, Storj looks like it's found its support and local low here. It's been in this accumulation phase/channel since April and both the RSI and AO are suggesting is is time to run. Also, after breaking the upside of that huge bullish triangle, we have already gotten the retest out of the way. I don't know where it goes from here but I can imaging doubling would not be out of the question.
Alt Season Is Quickly ApproachingLet’s wrap up by taking a look at our Total3 chart which includes all alts except ETH. This shows a strong bullish bias. We’ve broken to the upside of our triangle, retested the top of our triangle as support, and are now using that strong PoC from our VRVP as support along with our 50 & 100 day SMA. I love to see all of this as it signals good things to come from our alt space ahead.
Total3
I continue to remain long in alts with almost 100% of my total public portfolio. My followers and I are at 11 wins with over 35% profit per trade. Our average trade is 11 days. Though these wins are great, I expect them to be blown out of the waters soon. Don’t miss out. The best is yet to come.
API3 Weekly Accumulation - Entering MarkupAPI3 is taking off on the weekly as it finishes up this macro accumulation and enters the markup phase. Most altcoins are in a similar position - about to go vertical. If you don't already have your bags filled, last call!
Bittensor the Bitcoin Of Artificial IntelligenceElliot Wave Pattern:
The chart shows an Elliot Wave pattern in which waves 1, 2, 3, 4, and 5 are identified. Currently, the price is in the corrective area of wave C. This implies that the correction may be nearing its end and a potential reversal towards the next impulsive wave may occur. The next rally will be the very impulsive based because we are in major wave 3.
Fibonacci Retracement:
The price is currently around the 0.618 (approx. $308.16) and 0.5 (approx. $393.81) Fibonacci retracement levels. This level is often considered a strong support level in technical analysis.
If the price manages to stay above this level, a significant upward movement is likely.
Bullish Divergence on RSI:
The RSI (Relative Strength Index) indicator shows a bullish divergence, which means that even though prices are falling, purchasing power is starting to increase. This is often a signal that the price will reverse upwards.
Price targets:
Potential price targets based on Fibonacci extensions are approximately $1,003.05 (1.618) and $1,409.51 (2.618). This indicates the potential for a large increase from the current price if a reversal occurs.
EMA (Exponential Moving Average):
The price is currently below the 21-day EMA, which serves as dynamic resistance. A break above this EMA will provide additional confirmation that an uptrend is underway.
Taking into account the factors above, TAO/Bittensor has the potential to experience a significant increase if the price manages to stay above the critical support level and there is confirmation of the bullish divergence on the RSI.
Solana's Phantom Wallet Introduced Bitcoin Ordinals integrationSolana ( CRYPTOCAP:SOL ), the popular cryptocurrency, has been regaining attention as it hosts Bitcoin Ordinals on its associated Phantom Wallet. The platform has announced that Bitcoin support is now out of beta and available to everyone, eliminating the need for users to rely on centralized exchanges or unfamiliar wallets for collecting Ordinals. The team of developers at Phantom has dedicated themselves to enhancing the Bitcoin experience since its beta debut in December 2023.
Users can now buy and sell Ordinals and BRC-20s through various apps such as Magic Eden, Atlas 3, Ordinals Wallet, UniSat, BeFi Labs, Matrica Labs, Ordiswap, Hello, and Gamma. Solana's low cost and high-speed network attracts users due to its low cost and high-speed network. PayPal recently expanded its stablecoin, PYUSD, to the Solana ( CRYPTOCAP:SOL ) network, marking a significant leap in expansion for the online payment platform.
The Phantom Wallet offers comprehensive crypto management, including recursive inscriptions and ledger compatibility. Users can securely manage their Bitcoin, Ordinals, and BRC-20s in one account through the mobile app and browser extension. The Collectibles tab allows users to discover and manage rare sats, check total sat amounts, and view "satributes" for each UTXO. Additionally, Phantom offers simple address management, enabling Native Segwit, Taproot, or both.
This comeback simplifies the process of transferring and buying Bitcoin instantly, offering a comprehensive and streamlined experience for all crypto needs.
Solana ( CRYPTOCAP:SOL ) has manage to regain the $170 pivot again validating its position as the third to Ethereum ( CRYPTOCAP:ETH ). The Altcoin has a Relative Strength Index (RSI) of 55.62 which is primed for a trend reversal. In the short term, Solana's ( CRYPTOCAP:SOL ) daily price chart shows a rising trend pattern from an initial falling wedge pattern.
INJ is ready for mainstream adoption.Hey! its Dalin.
Just dropping in to share a chart on INJ.
This cycle reminds me of Amazon as it was starting to breakout.
Later amazon became a household name, I think INJ could do this on a smaller scale.
I am keeping my eyes on this one.
And soon my wallet.
- Dalin Anderson
