The Alt market cap is currently showing strong support around the $1.112T mark. After a decisive breakout from the descending channel, we are now seeing a period of consolidation. This suggests a potential for further upside if support holds. 📈 Key Observations: - Breakout from the descending channel indicates a bullish trend reversal. - Support around $1.112T...
Missed the rallies? Don't worry! Here's a list of alts that still has BIG UPSIDE Potential! 1) CROUSDT / OKX:CROUSDT 2) LINK / BINANCE:LINKUSDT LINK is 53% from the FIRST TP point... and still an incredible amount of upside beyond this point: 3) MATIC / BINANCE:MATICUSDT MATIC is about to retest a very important support zone for the third time, and a...
One usually refers to altcoins and mems flying high when talking about big profits and pumps. So, when the next alt season could happen? To answer this question, analysts usually examine ETH and the Crypto Total Market Cap (excluding BTC and ETH) charts to make a prediction. Moreover, I think it is worth analyzing the Dominance of altcoins (excluding BTC and ETH)...
Looking at the Logarithmic chart, LSE:ORCA seems to have been at a down trend since January 2024 after doing a 10x in just 63 days. The coin seems to have been going through a decent correction for the past 140-160 days. Pulling up the Fib retracement we see a clear bounce off of the 50% level(log scale) which gives an indication that the correction is coming to...
Others dominance may be wrapping up a right shoulder on he weekly. The right shoulder may take longer than the indicator has drawn, however so I've drawn my own next to it in white. As confluence for this, the larger pattern began taking shape after a smaller one formed within its head. The smaller inverted HS is already confirmed and is presently re-testing...
Bitcoin Dominance has broken down from wedge on CRYPTOCAP:BTC.D and it is retesting the ceiling resistance for 10 days streak now Next important levels are the 52% multimonth support and 47% multiyear support, this last the first target of this wedge On the bellow pannel, we have the Detonator C (c) indicator that keep sinalling this exaustion on the dominance...
Just playing with circles trying to find the alt market's geometrical blueprint and underlying framework it's going along.... From the first time I played around with the charts I became aware of some kinda pattern BTC was following by stacking parallel channels along certain trend lines. In doing this, i realize that there is probably several and more intricate...
ALTCOIN market UPDATE yuh pretty obvious cycles going on here could it be this easy? bloody hope so LOL
BINANCE:FETUSDT COINBASE:FETUSD Hello traders. Fetch AI is my Second suggestion for the altcoin market. As you can see, the price has broken its long-term pitch-fork structure. As long as the price rally is ongoing outside the pitchfork, the $6.4 and $9 targets are active.🎯 Considering the previous price rally, there is a possibility of a price...
🔥Today, I want to analyze the GameStop(GME) project for you. After being listed on some exchanges , it has increased its price by more than ➕3,900% in the last three days. 📚What is GameStop(GME)❗️❓ 🔸 GameStop(GME) on the Solana network is a meme paying tribute to the 2021 short squeeze of GameStop. 🌊According to the theory of Elliott waves , ...
Morning lads, Figured I'd share my view on BTC for the following weeks. There's a chance that instead of a channel, its a descending triangle on the daily, bringing prices to 50k. But Im gonna keep that in mind and hope we move up! This trade would help alts tremendously as well.. Trade thirsty, my friends..
Notcoin(NOT) has succeeded in breaking the Downtrend line . Also, we can see Regular Divergence(RD+) between two Consecutive Valleys. According to the theory of Elliott Waves , Notcoin(NOT) has successfully completed 5 waves . I expect Notcoin(NOT) to rise to the targets I have outlined in the chart. Note: An important point you should always...
The short answer is... Now, this year into early next year. Although I would expect a lot of similarities this market cycle, I would also expect some differences. So let's start with the yellow diagonal line with the up trend. This line was originally drawn through the BTC price action. Look at how it actually works perfectly with the TOTAL3, PERFECT!! So,...
#VET/USDT #Analysis Description --------------------------------------------------------------- + VET has formed a clear wedge pattern, and a breakout seems imminent. + If the price breaks out from this falling wedge pattern, we can expect a significant price increase. + I'll enter a trade after the breakout...
COINBASE:CROUSD Cronos is an altcoin that I've been bullish on since the beginning for the year, and we've already seen our first two TP Point (Take Profit Points) hit, UP +40%. The good news is that CRO still has HUGE upside potential, with the next TP +100% from where the price is currently trading in accumulation zone. In the 4h, we see a clear reversal...
GATEIO:1CATUSDT BYBIT:1CATUSDT.P Hello Traders 1CAT 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...
BINANCE:PEPEUSDT 🐸 I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far. Assuming that corrective wave 3 - 4 (current wave) retraces as low as point 1 (BUT NOT LOWER), this put's our formula roughly as...
FTM jumped 300% since Defi father aka Andre Cronje is back as vice president of memes at the fantom foundation! wait a what... FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.53 today with a 24hour trading volume of 315 million dollar. This represents a 4% price...