Bitcoin might go down even more perfect time to buy altcoinsBINANCE:BTCUSDT
what i see from the situation here we may be in a down trend for some time.
but i think this correction is a great opportunity to buy some altcoins as bitcoin cools off a bit .
i can't say precisely how much more we go down but the low 60k$ to high 50k$ range is not out of the equation. but we will pump fast and hard when this correction ends and alts will most probably fly and explode . so stack some bags while we have a chance .
if you want to know what altcoins i personally buy send me a private message and i will curate a personal portfolio in accordance to your capital .
Altseason
📈DYDX quick long-position📉BINANCE:DYDXUSDT
BYBIT:DYDXUSDT.P
Hello dear traders.
If the price does not return below the $3.8 level, the bullish scenario will be strong.
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XRP COULD slowly creep to $1📉Hi Traders, Investors and Speculators of Charts📈
XRP is notorious for pumping and dumping, but even after BTC clocks a new ATH, XRP is still trading under $1 and exponentially far below it's previous ATH.
From a macro perspective, we can clearly see the price increase - gradually, but we're stair stepping up. XRP usually dumps harder than BTC when there's a correction and the XRPBTC chart is still in prison. However, if we consider the XRPBTC chart, it is more likely that XRP will GAIN ground n BTC, instead of weakening more against BTC:
Now if you've been following me for a while you will know I am no longer an XRP fan... It pains me to label this post as "long" for the lack of better options BUT, there is opportunity for the price to move towards $1 from this perspective. Unfortunately, many like myself, will look to sell at these zones which creates a heavy resistance.
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BINANCE:XRPUSDT BITSTAMP:XRPUSD BINANCE:XRPBTC
Cardano(ADA) is Ready to Fall at least 🚨➖10%🚨🏃♂️ Cardano(ADA) is moving near 🔴 Heavy Resistance zone($1.053-$0.746) 🔴 and Resistance line .
🌊According to Elliott wave theory , Cardano(ADA) seems to have completed Zigzag correction(ABC/5-3-5) .
🔔I expect Cardano(ADA) to start falling again from the 🟡 Potential Reversal Zone(PRZ) 🟡 and at least fall to the 🟢 Support zone($0.661_$0.633) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Cardano Analyze (ADAUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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GMT Idea | GMTUSDTHELLO FRIENDS,
Today I'm going to share with you my tough about BINANCE:GMTUSDT , One of the most promising coins.
I believe GMT have alot of potential and currently the best time to open BUY position is NOW.
This is just my opinion, so I recommend you do your own analysis before open any positions.
CHEERS!!
CAUTION: Arthur Hayes Likes This Coin, So Expect It To -90%!CAUTION!
Filecoin is a coin being shilled by Arthur Hayes, he even expect it to go $100, which is extremely unlikely.
It is obvious he doesn't know A THING about the coin's massive inflation.
Because of this, it could drop to $1 more easily! You have been wanred...
11/03/24 Weekly outlookLast weeks high: $69934.6
Last weeks low: $64483.4
Midpoint: $59032.3
Bitcoin experiences its highest ever weekly close in history falling just shy of $70K . The previous ATH tested and bested multiple times during the previous week and broken yet again already this week hitting $72K ! The Market Cap has overtaken Silver to become the 8th largest asset by MCap . We are now in price discovery territory and ~38 days away from The Halving .
Blackrock continues to buy and now closes in on MicroStrategy who has been accumulating since August 2020. MicroStrategy recently bought another 12,000BTC to stay in the lead but it looks like BlackRock will inevitably overtake them in holdings.
BlackRock: 2 Months - 195,985
MicroStrategy: 42 Months - 205,000
Bitcoin has maintained its march onwards and Ethereum still lags behind. A close eye on ETH/BTC pair shows that on the 1W 200EMA is now flipped to support after breaking out of a multi-year channel since May '21 . ETH after broking $4K ~20% away from ATH.
Altcoins along with Ethereum are still lagging as BTC dominance continues to rise, however it doesn't necessary mean BTC is a better investment, once BTC dominance looks to have topped, the Altseason will allow Altcoins to catch up.
This week we continue to monitor the progress of the crypto market on the leadup to The Halving .
ALT Season on Verge of Breakout? This is the way...Are your bags packed? Are you ready to go?
It appears we are on the verge of Alt Season as Total Market Cap excluding BTC & ETH is ready to break to the upside. Now that people are sitting on BTC gains at All-Time Highs, I would start looking for rotations into hyped up Alt projects - NFTS, Stable Coins, and Pepe's and just classic Shit Coins. As long as the Government is mathematically obligated to print, all that shall trade shall pump. This is the way.
If this breakout fails (and BTC sells off hard), I would look for the market cap to test the 70 RSI level for support before reloading for another leg higher. The RSI is pretty over-bought on higher timeframes (3-Day, Weekly) at the moment.
Trade Advice: Take Profits. Shit will pump & dump. You don't need to sell entire positions all at once. Scale out on a schedule when you're sitting on Fat $tacks and Gains. Be OK with not realizing all the paper gains. Be stoked to have a balanced portfolio and in positioins to strike on the next opportunity.
Long Persistence TokenTraders,
A coin that is honestly one of my long term hodl’s has popped up as very bullish recently. My proprietary blend of indicators are all flashing green. I’ve been learning to trust them as they are doing very well for me recently. Additionally, you can see that VRVP is indicating we are now in the “value zone”. A nice “W” pattern is in play. And the RSI is very reasonably placed. I’ve bought at .43 cents with a target of .60 (at least at first, as this is the neckline for a larger Cup and Handle pattern). SL is .35 and the RRR is 2 to 1.If we break that neckline, I may hold for a longer-term target to be announced at a later time.
Best,
Stew
AMP and middle term targetsAMP on spot BINANCE:AMPUSDT
Soon we will see main stop losses and fuel for buyers
Possible Targets and explanation idea
➡️Weekly chart. Order flow from sellers will be like a fuel for price up
➡️Marked first main level for break even stop losses
➡️Idea for spot. Soon after pump they'll add this coin Futures
➡️Marked wick candle levels and 50% of this wick will be middle term trigger.
➡️Based on Take Profit indicator. Level for tp marked
➡️Like you can see on MP indicator big money inflow in May and Sep 2023
➡️Waiting Money outflow + take profit level. After that we will update idea
➡️ If market crash again under no support so we can't know how low AMP drop
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
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Vite - Big Upside PotentialVite broke the down trend line on the 3D timeframe that was holding the price since April 2021, and is now trading above the MAS, which is bullish.
The upside potential is high in this setup, but I will be even more bullish when the price manages to break out the resistance at 0.038 and use it as support.
GALXE --- #GAL Inverse Head & ShouldersI mentioned GALXE as a new altcoin to keep an eye on at the start of 2023
And it has been a solid if not spectacular performer since than.
It has now formed a inverse head & shoulders
with the Neckline at $2.8
we are going to have a mega #ALTCOIN rally!!!!!!!!!
Imminent. I believe. Right now.
Whatever #ALTS you have
make sure to lock in some profits as we charge up.
(whether back into BTC or ETH or SOL)
A granny will sell half on a double till infinity.
on the other end of the scale selling 10% after a 10X
It's all personal of course.
Long MinaEntry 1.37
Targeting 2.12 with profits along the way
SL 1.18
RRR 4
This is an early trade for me as that Cup and Handle pattern has not been confirmed with a break of the neckline. However, I am betting on BTC to 70k and it will drag these alts along. All good volume is on the underside of MINA rn, so we should see quite an explosion to the upside once that neckline is broken IMO.
ALTcoins - sh*&coin cycles - the casino that never closesALTcoins - sh*&coin cycles - the casino that never closes
ZOOM into this puppy to see the short term action better
Its been awhile since i looked at altcoins. we are experiencing a macro pivot here imo.
I have been loading up for months now. Will rotate out of the BTC bag after we hit the zone I am looking for on btc dom chart (see attached), into whatever alts in my port have done the best on this pre run we are getting now.
Altcoins have been VERY cyclical. I mean look at those repeating momentum cycles, its clear asf. You have to be blind not to see it. You can thank the whale algos for that. Altcoins, and crypto in general is just a huge casino, these guys just milk retail over and over.
Trick is you gotta learn to see what they are doing not what their bots or paid shills are telling you on twitter.
Ride the dragon then jump of that mofo before it evaporates.
I've been through several of these now and am only just learning the ways. Yes I am an idiot, I should be filthy rich by now, but the big picture is becoming clear to me..
Big question here is ; do we get some big black swan event, looking like late Nov, like last cycle, or just a healthy correction on the way up into the stratosphere??
"Show Me The Charts and I'll Tell You the News"
Repeating Patterns May Lead to a New ATH for Alt DominanceAlt dominance formed something that looks a lot like an HSi with a very small right shoulder, which broke above its neckline and successfully re-tested, confirming the pattern and targeting 16.6%.
See the white drawn pattern and its white dashed neckline on the chart.
The same area of breakout and re-test from the smaller white pattern is forming another similar small right shoulder on a larger HSi as drawn in blue, with its neckline as the blue dashed line.
Should the blue pattern be a repeat of the smaller white one, and breakout of its neckline as well (note that it should as long as the white pattern continues up towards its initial target), it will target 21.8% upon confirmation and any successful re-tests of its neckline.
More related ideas for BTC.D and OTHERS.D in the Related Ideas section below.
This would suggest the possibility for a new ATH for alt dominance. For confluence, note that the halfway point towards 21.8% nearly equals the initial target of the smaller white pattern at 16.6%. And, rising green volume into the move.
LTC - The FRACTAL that takes us to +300%📉Hi Traders, Investors and Speculators of Charts📈
As I always joke, Litecoin is still in prison... meaning that LTC hasn't been able to break out of long term accumulation yet. This however is A GOOD SIGN for traders because:
👉 Low risk entry
👉 High reward trade
👉 Another chance at accumulation
I'm still watching this fractal and patiently waiting for the first bullish confirmation, as discussed in the video.
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BINANCE:LTCUSDT
Complete analysis of Bitcoin DominanceHello friends
I hope you have made the most of Dominance Tether analysis. (be sure to read the previous analysis)
Usually, on important days, the market maker does everything to create fear and make people excited (even disabling Instagram, Meta and Facebook) in order to collect liquidity and throw the unruly and careless trader The shake-hands out of the market.
To complete the viewpoint and identify the important time ranges (change of bitcoin status from bullish to bearish) and altcoin party time, we come to Bitcoin Dominance.
As you can see, it is about 3 months that the chart is moving in the range of 53-55%.
There are several important reasons for Bitcoin's dominance to decline.
1: Approaching the long-term downward trend and negative RSI divergence in the daily time frame.
2: I explain with a simple example, the upward trend of the chart is like a stone that is thrown upwards, its acceleration gradually decreases and creates a curve, this indicates the weakening of the upward trend of Bitcoin. Now it has to correct some of the upward path so that it can attract liquidity again and gain momentum
Time analysis:
Breaking or touching the floor of the current range (yellow box) will start from March 10gh to 11th, which will probably cause the market to floor, the exit of the shake-hands and the re-entry of investors for the altcoin party.
The next range (blue box) 48.90 to 50.50% continues for 1 month to 40 days, which causes the main altcoin party.
May 10th to May 13th (white dashed line range) is one of the most volatile and determining market ranges, which will probably witness the continuation of Bitcoin falling to the range of 44,000 and break of the support of 48.91 to 47.62.
If the structure of the time lines is changed, the analysis will be updated.
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