ALT
APTOS ATH Volume DivergenceAptos has printed an ATH in OBV whereas price still sits just above 50% of the value of the previous ATH in 2021.
Once the price catches up to the volume, it will be free sailing to head to $100.
Chart uses binary scales on the fibonacci tool with two different start points to plot.
ENA (Ethena) The recent price movement of ENA (Ethena) has shown exciting technical shifts, particularly after attempting to break out of a long-standing price channel four times. This repeated testing of resistance typically indicates strong buying pressure and potential momentum toward higher price levels. With the price channel finally breaking, ENA has surged toward a target range of $2-$5 This upward movement suggests increased investor confidence and bullish sentiment, often seen when technical resistance is overcome after multiple attempts.
A price target of $5 is ambitious, yet plausible, given the increased interest and potential fundamental factors supporting ENA. However, as with all crypto investments, this analysis should be viewed as a technical observation and not financial advice, as the market remains highly volatile and subject to rapid changes based on external influences.
Weekly BTC forecastThis is only my current analysis relying on assumption.
There is still wide open area where it could hit later.
This is only analysis to give you an idea for helping your scenario trading.
Please remember always make the trading plan then initiate placing the position as your scenario meet your trading system AND confirmation. also please set up the SL.
SEIUSDT - SHORT TERM Support in DANGERSEI is retesting a key support zone, and losing this support zone may lead to a hard drop.
The opening prices of SEI has not yet been retested, and in most cases for newly released altcoins the price will return to "retest" the opening price. In some cases, it even falls under - but it is quite common for he price to return to these zones.
I discuss a similar situation on NOTUSDT, which is showcasing a similar situation:
IF the price cannot keep closing daily candles ABOVE the current support zone, it's likely that a hard plummet will follow, since the price has lost the 200d moving averages in the daily, which equals short term bearish.
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COINBASE:SEIUSD BINANCE:SEIUSDT
btcusd h3 best level to buy/hold tp 75 000 usd🔸Hello traders, today let's review 3 hour price chart for BTCUSD . Currently
strong sequence of higher lows in progress so expecting more gains in this
market into US elections in November. I recommend to focus on accumulating on dips, bulls maintain control next few weeks.
🔸Previously recommended buying low at/near 60 000 usd. trade made money.
🔸Sequence of higher lows defined by 53 000 / 54 500 / 60 000 / next
higher low expecting near 62 000 / 63 000 usd.
🔸Recommended strategy bulls: accumulate on dips / wait for shallow
pullback and buy low near 62 000 / 63 000 usd. target is 74 / 75 000 usd
into early November. get out before US Elections. good luck.
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ALT - Ready for breakout? Hi, this is my new analysis for ALT. After breaking both the resistance 0.10 - 0.1030 and 50SMA/100SMA, in the last few days we have tested to see if these levels will act as support or not.
Fortunately it has been good support for ALT. At the same time we have a big descending trend line that has been tested 4 times.
I expect after breaking the trend line we are going to takeoff. The next resistance is around 0.1680 - 0.1750 and after a good ABC correction we are going much higher to next level 0.36. It is going to be up 200% from current levels.
On the daily timeframe we are getting bullish momentum on MACD and as you see we are in a good uptrend on RSI.
It is very important to hold the support levels around 0.10 - 0.1030, but if break those levels we are going much lower to 0.080.
Litecoin - LTC Free Fall to $60 ??Although Litecoin did not make the Top Altcoins for 2024 list - it is an old timer. And by this, I basically mean that it can (and will) still be traded.
From the 4h, we see some beautiful swings that can be very profitable trades, with the right entry points.
It seems the entire market is turning down following BTC. This however, could result in some good entry points and lower buying orders being filled. Getting in at the RIGHT price is one of Warren Buffet's key investment strategies. Find out more on that, here:
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BINANCE:LTCUSDT
#ALT (SPOT) entry range ( 0.07 - 0.077) T.(0.3499) SL (0.0665)BINANCE:ALTUSDT
entry range ( 0.07 - 0.077)
Target1 (0.1530) - Target2 (0.2690) - Target3 (0.3499)
SL .1D close below (0.0665)
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ALT layer USDT #ALT #Altlayer (Bearllionaire Status)Project description: ALT Layer is a scalable layer-2 network designed to provide customizable, high-performance, and application-specific rollups for decentralized applications (dApps) on Ethereum and other blockchains.
Type of project: Layer 2 scalability solution with customizable rollups.
Is it under a block?: Yes, ALT Layer operates as a Layer 2 protocol on Ethereum and other major blockchains, providing customizable rollups that offer scalability while leveraging the security of the base layer.
Latest update or news: As of July 2024 while ignoring other irrelevant news, ALT Layer launched its Rollup-as-a-Service platform, enabling developers to deploy custom rollups in minutes, aimed at scaling dApps and reducing congestion on Ethereum.
Narrative: Layer 2 scalability, Ethereum ecosystem, and modular blockchain infrastructure.
Why is it a good investment?
Institutional Backers and Angel Investors:
Coinbase Ventures: Known for its investments in Layer 2 and scalability projects, Coinbase Ventures has backed ALT Layer due to its potential to alleviate Ethereum’s congestion and improve dApp performance.
Binance Labs: Binance’s venture arm has invested in ALT Layer, recognizing the need for scalable Layer 2 solutions and the demand for customizable rollups within the DeFi and NFT spaces.
Polychain Capital: Polychain Capital has supported ALT Layer to drive innovation in the Layer 2 sector, specifically focusing on reducing gas fees and improving transaction throughput for high-demand applications.
Angel Investors:
Vitalik Buterin (Co-founder of Ethereum) has expressed support for Layer 2 solutions, though there’s no direct investment in ALT Layer, his encouragement for rollups aligns with the project’s goals.
Stani Kulechov (Founder of Aave) has shown interest in Layer 2 solutions that improve DeFi scalability, and while there is no confirmed investment, ALT Layer fits the criteria of projects he supports.
Futuristic Use Case:
Scalability for dApps: ALT Layer is designed to provide customizable rollups that can be optimized for specific decentralized applications (dApps), enabling developers to create high-performance environments that scale with their user base. This is crucial for DeFi, NFTs, gaming, and other sectors that require high throughput.
Multi-chain integration: ALT Layer is not limited to Ethereum and can extend its rollup services to other blockchains, making it an ideal Layer 2 solution for projects that need scalability across multiple chains.
Custom Rollup-as-a-Service: With the launch of its Rollup-as-a-Service platform, ALT Layer offers developers the ability to deploy tailor-made rollups that suit their specific application needs, giving it an edge over general-purpose Layer 2 networks.
Enterprise adoption: Enterprises looking to adopt blockchain technology can use ALT Layer to develop private, scalable rollups that integrate with public blockchains like Ethereum. This opens up new use cases for enterprises in industries such as supply chain, finance, and gaming.
Why will it make a significant amount of profits?
Unique competitive edge: ALT Layer’s customizable rollups provide a tailored Layer 2 solution for decentralized applications, offering greater flexibility than general-purpose Layer 2s like Optimism or Arbitrum. This makes it especially appealing to developers who need more control over transaction throughput and cost-efficiency.
Rollup-as-a-Service model: By offering Rollup-as-a-Service, ALT Layer creates a sustainable revenue stream, as developers and enterprises will need to pay fees to deploy and maintain their custom rollups. As demand for scalable blockchain applications grows, this service will attract significant usage and increase demand for NASDAQ:ALT tokens.
Scalable ecosystem growth: ALT Layer’s ability to integrate with multiple blockchains gives it a wide market, positioning it to capture a significant share of the Layer 2 scaling space as more chains adopt rollups for scalability. This cross-chain capability drives value to NASDAQ:ALT tokens as the protocol expands its ecosystem.
Growing Layer 2 demand: As Ethereum and other Layer 1 blockchains face increasing congestion and high gas fees, Layer 2 solutions like ALT Layer will become essential for maintaining a seamless user experience. This growing demand for scalability will drive adoption and value for ALT Layer’s services.
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ATOM - Ideal BUY BACK Zone ApproachingThe greatest thing about bullish impulses / parabolic upwards price action, is when you know you can ride the tide because you ALREADY have a position.
However, this means having the courage to buy when the prices are low and there is no immediate sign of a turnaround to the upside. I'll say again; profits are made in bullish markets but secured during bearish markets.
This will, of course, largely depend on the direction of BTC over the next few weeks. So don't miss that important update HERE:
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BINANCE:ATOMUSDT
ETH Update - 02.09.2024 / Local UpdateAt 4h: we observe trading under the lower boundary of accumulation and formation of seller and liquidity imbalance zones from above behind the highs and the upper boundary of accumulation.
At 1h: here I expect either a liquidity re-sweep from the low or an inversion and a move to liquidity at the local high.
Stick to your risk managment!
Could #ALT have found a local bottom?#Alt 1D chart;
It still hasn't regained the 50EMA line it lost in April.
Although it tried to turn bullish on the signal of non-compliance, it failed due to market conditions.
Could it have found a local bottom?
There is a 24% difference between the last bottom and the current level.
Although this is related to how bad the market could get in a bad scenario, the $0.665 level could be a good place to buy gradually.
Note the resistance levels indicated by orange arrows.
ALTLAYER with BTC pair (investing chart)hello dear trader and investors
About Altlayer :
AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism.
ALT is AltLayer's native utility token and is used in the following functions:
Economic bond: ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if a malicious behavior is detected.
Governance: ALT token holders can vote on governance decisions.
Protocol Incentivization: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.
Protocol Fees: Network participants will need to pay for intra-network services in ALT tokens.
AltLayer’s core offering of restaked rollups consists of three key products:
VITAL: An Actively Validated Service (AVS), where operators verify blocks and the corresponding states committed by the rollup sequencer and raise fraud proof challenges if necessary.
MACH: A protocol to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state.
SQUAD: Offer decentralized sequencing with economic backing. Decentralized sequencing eliminates short-term liveness concerns, bad MEV, rent extractions and other issues associated with rollups that operate with a single sequencer.
AltLayer has raised 22.8MM USD from two rounds of private token sales, where 18.50% of the ALT total token supply has been sold at 0.008 USD / ALT and 0.018 USD / ALT respectively.
AltLayer’s investors include Polychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5, Balaji Srinivasan (former CTO of Coinbase and former GP of a16z), Gavin Wood (Co-Founder of Ethereum and Parity), Sean Neville (Circle Co-Founder and USDC architect) and Ryan Selkis (Founder of Messari), among others.
As of January 17th 2024, the total supply of ALT is 10,000,000,000 and the circulating supply upon listing will be 1,100,000,000 (11.00% of the total token supply.)
ALT looks bearish (12H)It seems that the price inside wave B is big.
The large A wave is a triangle that has ended.
Big wave B looks like a zigzag, we are in wave b of this zigzag.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
PEPE : FULL BEAR Mode (⊙_⊙;)PEPE is in the middle of a solid bearish market (According to Wycoff Method Chart Analysis).
With the RSI in the daily under 50, the price continues to be bearish. It is likely that PEPE will retest the next major demand zone, where a potential bounce could be found as buying pressure can be expected on this demand zone.
From a technical indicator perspective, we see a clear flash to "SELL" in the weekly timeframe as the price loses the trendline and the trendline now turns RED.
The price can only be considered bullish once the price starts closing candles ABOVE the trendline, at which point the trendline will turn green again.
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BINANCE:PEPEUSDT