Update on the Crypto Market Cap exclud BTCENG
This is the total crypto market capitalization without btc. We are still bullish on altcoins but altcoins are approaching dangerous territory. If the chart breaks the blue line (200EMA) then it's ciao ciao altcoin season, otherwise it's just a correction. The last time we saw the chart at the 200 EMA was right after the Corona Dump in 2020. Another very bullish indicator, the hash ribbons are lit up blue, meaning more money inflow is expected in the coming days and weeks. Keep in mind. we dont know the future and we have to be prepared for both scenarios. if a happens we do a. if b happens we do b.
D AT CH
Dies ist die gesamte Krypto-Marktkapitalisierung ohne btc. Wir sind immer noch bullish auf altcoins aber altcoins nähern sich gefährliches Gebiet. Wenn der Chart die blaue Linie (200EMA) bricht, dann ist es ciao ciao altcoin Saison, sonst ist es nur eine Korrektur. Das letzte Mal, dass wir den Chart an der 200 EMA gesehen haben, war direkt nach dem Corona Dump im Jahr 2020. Ein weiterer sehr bullischer Indikator, die Hash-Ribbons leuchten blau, was bedeutet, dass in den kommenden Tagen und Wochen mehr Geldzufluss zu erwarten ist. Denkt daran. Wir kennen die Zukunft nicht und müssen auf beide Szenarien vorbereitet sein. wenn a passiert, machen wir a. wenn b passiert, machen wir b. Risk Management is wichtiger als alles andere.
Altcointrading
AAVE-USDT(Horizontal Channel Breakout)An open-source decentralized lending and borrowing DeFi protocol built on top of Ethereum and enable the users to borrow and lend a wide range of crypto assets without the involvement of any third party institution like a bank. The total valued locked (TVL) in lending protocols currently stands at ~$39.6 Bn, which Aave alone has locked in ~$11.96 Bn in its protocol
On the daily time frame, Aave has been consolidating in a range since Feb 2021. It has given a breakout from the range and it seems to move to its new highs.
The support to the lower side is placed at $530 which is the upper limit of the range while it may give targets of $750 in the near future.
UNI, Uniswap - we're in uptrend yet. When to buy?Price has tested the support line 4 times in a daily timeframe. Looks strong yet. But entry point only after the breakout with a retest of resistance 44100. It will be nice when the price will start squeezing near to this level. Be careful and keep an eye on the BTC situation
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
UMA-USDT(Consolidation Breakout)Universal Market Access or UMA seeks to decentralize the financial derivatives products such as Futures, CFD or Total Return swaps.
For the past 3 months, UMA has been trading in a Horizontal Channel formation . Closing above the resistance trendline $33 may trigger the price of the UMA token to new highs.
Key levels to watch out for-
Support to the lower side is present at $35 while it may rally to $44 after the breakout.
YFII/USDT - a coin with the potential of 100%.🚀 Only if...222 days of accumulation. Now price hit a strong key level. I'll buy only after squeezing below the level, breakout and retest. I showed an entry point on the chart. I'm not ruling out the option of going back to the range. So the entrance only after the scenario I wrote above.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DASH/USDT - a coin with a good perspective! Possible X2,X3🔥910 days of huge accumulation. Global uptrend. I think we'll grow. But now possible a pullback. (Don't forget that BTC can change scenario all the market)
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BNB-USDT(Consolidation Breakout)Binance is the talk of the town and is trading near its all-time highs fueled by ~$595 Mn token burn and its conviction to reduce its current circulating supply to 100 Million has motivated market participants to price it a premium valuation. The insignificant growth of the DeFi protocols on Binance smart chain has also contributed for pushing the BNB price higher.
On Daily Time Frame, BNBUSDT gave a Breakout from the Wedge Formation and made its high of $680 (May 3, 2021). It was eaten away by the Bearish Engulfing Candle the following day. However, it was not supported by huge volumes which undermined the power of the bearish momentum.
The consolidation after the breakout from the Wedge has also been done away with by a strong Bullish candle in the making.
Key Levels to Watch Out For-
The support to the lower side is present at $600 while BNB may give targets of $840 to the higher side.
ZRX-USDT(Level Breakout)0x is a liquidity aggregator that supports both fungible (ERC20) and non-fungible (ERC-723) tokens. Volume on the protocol stands at 375 Million at the time of writing. The volume is up ~7.5% on a 24 Hr basis.
In the trailing 90 days, the major hurdle in the upward journey of ZRXUSDT is present at $2 . While on April 9, ZRX broke out the level and seemed cherished to move to new highs, it proved out to be a Fake Breakout and ZRX again fell to the levels of $1.25 .
On May 6, ZRX on Daily Time Frame has again given a decent breakout above $2 and is more probable than earlier to move to new highs.
Key Levels to Watch Out For:
ZRX has been trading in a pattern somewhat similar to Cup and Handle Pattern and has given a breakout.
The support to the lower side is present at $1.95 while it may easily give a target of $2.84.
LINK-USDT(Consolidation Breakout)The prime leader of the decentralised oracle network and the backbone of the protocols is all set to fly to New highs.
On 2 Hourly Time Frame, LINK is looking really bullish. It has given a breakout from the Bullish Triangle pattern and is currently consolidating near the resistance level of $41. Closing above this level may trigger the price to New highs.
Key Levels to Watch Out For:
The support to the lower side is present at $38 while it may move to the levels of $50.
ADA-USDT(Horizontal Channel Breakout)While Cardano remained silent in terms of price action as it was Consolidation in a range ($1.01- $1.48) , its peer crypto assets took advantage of this opportunity and dragged ADA to 7th place in terms of Market Capitalisation snatching away its title of 3rd most valued crypto asset at the beginning of 2021.
In the 4 Hourly Time Frame, ADA broke away all the shackles of bears, which can be validated by the massive surge in volumes to the levels of 363.7 Mn.
It has marked the initiation of Bull dominance and is likely to reach untouched levels.
Key Levels to Watch Out For:
The support to the lower side is present at $1.4 while ADA is well-positioned to give the target of $1.9 .
1inch-USDT(Consolidation Breakout)1Inch is a DEX aggregator built on Ethereum blockchain that provides traders to place large orders through its swapping techniques across different DEX. At the time of writing, $347.6 Mn is locked in its protocol.
On the Daily Time Frame, 1INCH is trading in a narrow range ($5.15- $5.8) for the past 7 days.
Key Levels to Watch Out For-
The major resistance to the higher side is present at $6.35 . Closing above the level may witness huge momentum to new highs.
After the Breakout, 1INCH may give targets of $8.2 .
The support to the lower side is present at $5 .
BNB-USDT(Symmetrical Triangle Breakout)Binance is the talk of the town and is trading near its all-time highs fueled by ~$595 Mn token burn. The insignificant growth of the DeFi protocols on Binance smart chain has also contributed to push the BNB price higher.
On Daily Time Frame, Binance has been trading in a Symmetrical Triangle and has given a fresh breakout from its resistance level of $600.
Key Levels to watch out for:
The breakout is most likely to trigger the prices higher to the levels of $745 .
The support to the lower side is present at $580 .
ETH-USDT(Consolidation Breakout)On Daily Time Frame, Ethereum has been trading in a Consolidation range and has given a decent breakout.
In the past week when the crypto markets tumbled, Bitcoin is still ~16% short from its ATH while Ethereum is trading at its ATH. It signifies the strength and momentum behind this rally.
The support to the lower side is present at ~$2.5 K while it may move to the levels of $3.1 K in the near future.
🔥11 coins that I bought on SPOT with x2 and x5 goals🔥Many of you ask in the comments: "Yuriy, what coins do you invest in for the long term?" In this post, I will show you all the coins I have in my portfolio. Scroll below and see my entry points and goals that I want to achieve.
YOU MUST REMEMBER: only you're responsible for your open positions. I just share my trades with u.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
XMR-USDT(Ascending Triangle Breakout)XMR, a privacy coin has retained its position among the top 30 crypto assets. In the year 2021, XMR has gained 162% till date and still looks bullish at current levels.
On Hourly Time Frame, XMR has been trading in an Ascending Triangle formation and has given a decent breakout.
Key Levels to Watch Out For-
The support to the lower side is present at the psychological level of $400 while it seems determined to reach the target of $500 .
UNI-USDT( Rising Channel Breakout)Uniswap, the leader of the Dex segment on the Ethereum ecosystem serves ~227K daily visitors on its platform. The most innovative upgradation of Uniswap V3 is scheduled to get live by May 5.
On Daily Time Frame, UNIUSDT has been trading in an Rising Channel while it has given a breakout from the pattern yesterday. Coupled with its much anticipated V3, it is highly likely to move to new highs.
Key Levels to Watch Out For-
The support to the lower side is present at $35 (the resistance trendline of the pattern) while it is likely to travel to the levels of $50 .
RUNE-USDT(Descending Channel)A decentralized cross-chain liquidity infrastructure built on Binance Chain, allows users to easily exchange cryptocurrency assets.
On 4 Hourly Time Frame, RUNE has been trading in a Descending Channel and has given a breakout at the time of writing. Close above the channel may push the prices to new highs.
Key Levels to Watch out for:
The support to the lower side is present at $12 while it is most likely to reach the level of $16.9 .
SOL-USDT(Horizontal Channel Breakout)Solana is a high-performance public blockchain optimized for scalability and has the capability to handle 50K transactions per second. Having processed 15.8 Bn transactions to date while charging negligible fees (~$0.000005), Solana has been zooming to new highs due to the rapid adoption of its network.
On 1 Hour Time Frame, SOLUSDT has been trading in a Horizontal Channel pattern and has given a breakout.
Key Points to Watch Out For-
The support to the lower side is present at $35 followed by $33 while the resistance to the higher side is present at $46 .
XVS-USDT(Cup and Handle Formation)Venus Protocol is an algorithm-based money market system designed to bring a complete decentralized finance-based lending and credit system onto the Binance Smart Chain.
XVS has been trading in a Cup and Handle formation with the level of ~$95 as the horizontal level wherein breakout from the level may trigger the price to new highs.
Key Levels to watch out for-
The price may move to the levels of ~$120 after the breakout while the support to the lower side is present at ~$75 .
NEO-USDT(Descending Channel Formation)Neo's idea of the smart economy is the convergence of three concepts- digital assets, digital identity and smart contracts, it presents itself as the developer-friendly protocol with a vision of being the digitized "smart" economy in the future.
In the 1 Hour Time Frame, Neo has been trading in a Descending Channel formation . Currently, it is flirting with the trendline resistance which is placed at $114.50 and if we get a decisive closing above this level, it can move to its ATH levels.
Key Levels to watch out for-
The support to the lower side is present at ~$99 while it may face resistance at the levels of ~$133 .
DOT-USDT(Range Breakout)Polkadot facilitates cross-chain communication and interoperability among chains by connecting them into one unified network (Relay Chain).
In the month of April, DOT has given a Range Breakout , it is currently taking support from the upper band of the channel and is today forming a strong bullish candle.
Key Levels to watch out for-
The support to the lower side is present at ~$39.5 while may travel upside to the levels of ~$52 .
BAT-USDT(Consolidation Breakout)Basic Attention Token, or BAT token powers a blockchain-based Brave Browser. Users can watch privacy-preserving adverts and receive BAT rewards in return. On the other hand, advertisers can deliver targeted ads to cut down losses due to ad fraud and abuse.
On the Daily Time Frame, BAT has been trading in a range for the past 7 days and a similar pattern can be witnessed in the second week of March, breakout from the range pumped the price by ~70%.
Key Points to watch out for-
The support to the lower side is present at ~$1.35 while it seems determined to travel to the level of ~$2 .
ZRX-USDT(Channel Resistance Breakout)0x is a liquidity aggregator that supports both fungible (ERC20) and non-fungible (ERC-723) tokens. Volume on the protocol stands at 176.91 Mn at the time of writing.
Key levels to watch out for:-
On Daily Time Frame, ZRX has been consolidating for the past 5 days after giving the breakout from the level of ~$1.9.
It seems eminent to continue its upward momentum to the level of ~$2.9 while the support to the lower side is present at ~$1.96.