INJ - Is the Bull Rally Over?📉Hi Traders, Investors and Speculators of Charts📈
With this chart, we aim to identify the current phase of INJ by using the Wyckoff Method . The Wyckoff Method can be extremely technical and complicated, with many phases, sub-phases, sub sub phases etc. The four main phases of the market cycle are accumulation, markup, distribution, and markdown. On this specific chart, we're taking a look at what comes next after the big bullrun is completed.
Furthermore, a brief look at the phases:
Start of the Bullish Cycle:
The price start increasing rapidly, often making parabolic increases. Pullbacks are short-lived, and the rally continues afterwards.
PEAK:
This is the clear ATH that is established by the bullish cycle. This is where the buyers run out and the tables turn to where sellers start to dominate for the upcoming bearish phase.
Failed Rally:
The buyers try one more time to push past the previous high, but fail. Instead, a lower high is made and is usually marked by a bearish pattern or double top candlestick.
Accumulation Phase:
This is usually considered the boring zone. This is where price trades range for a long period of time, whilst whales bulk up for the bullish cycle to come next.
All of the above in mind, I believe we are currently trading towards the failed rally phase. This means that we may still test support zone / resistance zone multiple times, until either the bears or the bulls take charge.
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BINANCE:INJUSDT
ALT
ALT newly airdroped shiny coin, a risky betHello fellow gambler, I think we are going to $0.49. Holding my long from 0.34$. I know I know its dangerous for such a new airdroped coin, but market is just too hot right now. Everything new coin is growing like hell, then dump.
many people got $300-$50k worth of NASDAQ:ALT , its literaly free money, I just got 162,402 NASDAQ:ALT about $50k dumped at $0.31 cents.
Can’t wait till a few other projects drop that i have farmed with hundreds of accounts.
How to check ✔️
1️⃣Go to airdrop.altlayer.mobi
2️⃣Input your address to check
NASDAQ:ALT CRYPTOCAP:BTC CRYPTOCAP:ETH
ETH going to show more Leg?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
#Eth update 🧵
Rejected off channel TTT,
came down to the level identified months ago, with a reaction.
#Elliottwave looking like OMLD.
Degree questions.
A sweep of Liq would be ideal, then a reclaim.
Cheers
ALT Nice Cup and Handle on the dailyAptosLaunch Token Nice Cup and Handle on the daily
blue lines are entry ideas
if we get stopped out ... re-enter at breakout level 0.040330 or in support zone bounce area(s)
yellow circles represent entry areas ( scale in trade )
Not Financial Advise - Entertainment Purpose Only
SUI - This ALT can EASILY x100📉Hi Traders, Investors and Speculators of Charts📈
I've been focusing on altcoins with use case and good upside potential and SUI is one of them. Although SUI has recently increase 70%, this altcoin can still increase exponentially from here once the market cap picks up.
Endorsed by Ledger; Sui is a decentralized layer 1 blockchain that uses a specific type of proof-of-stake consensus named delegated proof-of-stake. Sui is a unique blockchain using the Move language and parallel transaction execution, which allows it to process transactions much faster than its competitors.
In short, Sui aims to increase its scalability without compromising on security by using a combination of the native programming language Move, parallel processing of transactions, and delegated proof-of-stake consensus mechanism.
This way, Sui allows for fast, private, and secure digital asset ownership accessible to everyone.
The nascent project has a flourishing ecosystem of dApps ranging from NFT and DeFi to GameFi. With scalability and fees remaining a concern, more and more developers are expanding out to other ecosystems. SUI is a solid project and over time more and more people will start to build on it - and use it.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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BINANCE:SUIUSDT
ADA triangle eh!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Playing out quite nicely since the start. 🧵
Hitting many markers for a running triangle.
IF it prints, want to see the volume come in.
Pretty does NOT equate definitive.
Cheers
LTC - Litecoin coils up for Mini CycleHi Traders, Investors and Speculators of Charts📈📉
Litecoin has gone through an extended accumulation phase, and by looking at previous examples of macro cycles on LTC, next up is most likely another upward cycle.
Previously, LTC went straight from bearish cycle into a mini cycle. But this time, we went straight from bearish cycle into accumulation phase, indicating that a mini cycle may likely be next before we hit the parabolic bullish cycle. In other words, MINI CYCLE and ACCUMUATION PHASE has swapped around this time after the BEARISH CYCLE.
There's no indication on the chart of a definitive move into an upward cycle just yet, thus I'm expecting a few more candles of accumulation / range trading.
It's important to note that during the mini cycle, the price can increase AND decrease substantial amounts. The price usually decreases back close to the starting point fairly quick after the increase. The mini cycle also lasts much longer than the parabolic bullish increase cycle:
These are the parts of the cycle we are waiting to repeat, with MINI / MID CYCLE coming up next, followed by more accumulation, followed by the parabolic bull cycle :
You'll know when it's around time for the parabolic increase phase when another Bullish Cross is observed on the LTC Market Cap :
Another great way to watch out for that serious bull run cycle is when LTCBTC starts to trade closer towards the white trendline and even above. Consider that the phase has ended again when LTCBTC candles lose the white trendline:
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CRYPTOCAP:LTC BINANCE:LTCUSDT BINANCE:LTCBTC COINBASE:LTCUSD
ALT $0.1150 | The Tool that Built Facebooki remember Steve Balmer's WORLD DOMiNATiON mantra for microsoft
DEVELOPERS DEVELOPERS DEVELOP
the TOOL and COMMUNiTY is what made FB and Apple
and this Launchpad has a great start to welcome fresh and OG talents
weve seen the speed in SOLANA using RUST
this should be a SOLANA 2.0 launchpad distilled for next generation of Apps.
in addition same Handler (the Holy Trinity Marc Kyle and Mr. Soze)
good luck
Alt season predictionsBTC.D is the dominance that bitcoins market cap is over all crypto market cap.
It can be confusing, as BTC.D will increase when Bitcoin runs and the rest of the crypto market stays the same, As well as when there is fear and doubt in the market - people will run to safety - which will make people sell alt coins and buy bitcoin - making BTC.D increase even while Bitcoin is losing BTC value.
On the other side however,
When bitcoin increases in value - people take profits from bitcoin - either into a stable coin or to place into alt coins.
It is at this magical stage of the market, where alt coins do their massive returns.
Historical analysis
The red lines are the point on the RSI where the RSI has moved below the MA and been rejected. As people who read my posts know that this is my favorite signal in trading.
The March 21 Bull Market (the left red line) Took Eth from $1432 to $4852 in the 2021 altseason.
Note at this point, Bitcoin was trading at $57k when this started
The next red line is July 2022.
BTC.D lost the support, while confirming a bearish trend on the RSI.
This lead to a 100% return on Eth
Current analysis
BTC is on a rampage, there is an ETF about to be announced, and the halving is around the corner.
The time has come for believers in bitcoin to realize that the risk of NOT owning bitcoin far outweighs the risk of owning bitcoin.
This can be seen by the up only mentality, with minimal paybacks.
This could see a likely top for BTC.d at around 58.1% as tgus was a big pivot point in the past.
Currently, the candle wick week shows that there has been a hard rejection above the 50% level of the channel (the blue dotted line), making a lower high on the chart.
Possibly, we could see alt coins start their rally now - however the RSI MA is currently curved up - showing bullish momentum on BTC.D.
If we close this candle however, there will be strong bearish divergence and this could really start the alt coin ralley.
My official call for alt season are:
A break and close below the yellow trendline +
The RSI confirming the downward move on the MA (possible Feb-March)
I smell Altseason.Currently the Overal Crypto Market Cap is at 1.4 Tril. I see first resistance at 1.6 Tril.
More importantly Altcoin Crypto Market Cap is at 420 Bil and nearing the 450 Bil zone. If it breaks above that i think altcoins will go nuts.
Most liekly the altcoin market bottom is in. My altcoin portfolio has been pumping nicely. Main holdings NASDAQ:ROSE $AZERO AMEX:NEAR and $DOT.
Still would like to accumulate some AI exposure, looking at JSE:GRT and also some MOEX:ASTR GPW:QNT but not a priority
OPUSDT -EPIC ALTseason LONG SETUP +230%Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
This time of the market is THE BEST time to fill up those bags and accumulate. I have been looking at altcoins that are currently trading underneath their first ATH. These alts make excellent trades in terms of low risk and high reward setups. (Check out our page for the other alts).
In today's analysis, another sleeping giant to keep your eye on - OPUSDT. I am extremely bullish on these alts as they have great upside potential for the next bull cycle.
Remember to hit 👍 and follow if you love money !
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Altcoin Market Cap: Destined to reach 6 TrillionAlt coin market cap reaching 6T is no longer a dream, its just a matter of time.
In the previous run altcoin marketcap increased from 40B to 1.8T, which is a very significant increase of 45x.
If we see similar run this time, then 45x of 430B will be 19T, even if it reached half of this (9T) then its gonna be a huge win for altcoins. we can expect some coins to hit 100x or even 1000x.
If we look at the MACD, in the last cycle (2020) after the MACD cross market cap increase exponentially, and we are currently seeing MACD getting ready to cross and market is getting ready for bitcoin halving with positive sentiment. Overall we are very confident on MACD cross and altcoin reaching the market cap of 6-9T easily.
Let's wait and watch, give a boost and share your thoughts in the comments.
Cheers
GreenCrypto
🔥 Altcoin's Highest Value Since Summer 2022: Mini Altseason!The total marketcap of altcoins, TOTAL3, has reached the highest value since August of 2022. In my view, this clear breakout marks the end of the bear-market accumulation phase and is the start of the next bull-cycle.
Like mentioned in my other analyses, the fact that the lows are in doesn't mean we will go up in a straight line. Most likely it's going to be a bumpy road towards the summer of next year, with the 'real' bull-market starting and the end of 2024 or start of 2025.
For now, I think that alts will see more growth. The yellow resistance is the most logical area in the short-term. Over the next few months, the blue resistance should be possible. Keep in mind that BTC has to trade relatively stable during this time.
With the Bitcoin dominance (above) in a clearly bullish trend, it's likely that alts will underperform BTC on average. Once BTC.D breaks down through the yellow line we can experience a 'mini altseason' where alts will outperform.
XRP : Forever the Pump-and-Dump coin?Hi Traders, Investors and Speculators of Charts📈📉
The markets are trading in the red and XRPUSDT is currently trading right on top of the 0,50c support zone. Unfortunately no buyers are showing up on lower timeframes and the technical indicator flashes a clear SELL in the weekly, meaning more downside is to be expected.
More downside seems highly likely with 45c being the next immediate support zone.
It seems that the SEC victory-increase was short lived and that definitely does raise some concern for the fundamental arguments of XRP.
Unlike ETH and BTC, XRP has been unable to regain highs and consistently trades lower as if there is an endless supply of sellers. While there is persistent and obvious growth on other early giants like Bitcoin and Ethereum, XRP remains the "pump and dump" coin.
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CRYPTOCAP:XRP BINANCE:XRPUSDT BITSTAMP:XRPUSD
Litecoin Macro Analysis : BIG MovesHi Traders, Investors and Speculators of Charts📈📉
From the charts; a macro view on LTCUSDT with Fibonacci Retracement, Cycle analysis and Time Frame analysis.
By taking a detailed look, you can clearly see that the next phase bound to happen is the bullish phase, and Litecoin is no stranger to parabolic upside movements. I hope your bags are packed because once LTC moves, it's hard to jump onto a moving train.
The bullish signs are:
✅ Consolidation under resistance zone / bullish
✅ Higher Lows - buyers are buying up dips
What's still missing:
✅ Bullish Technical Indicator (Weekly on CryptoCheck START v3.5)
✅ Weekly candle close ABOVE 70
Even thought the price may continue to trade just under the resistance for another while, the next big market cycle is clearly the bullish phase.
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BINANCE:LTCUSDT
Big Fish said to the swarm of tiny little fish: ......"You little filthy retail, take my ETH now. Since it is unlocked and in a profit. and choke on it ! "
You can already see how they 'talk' via all the twitter and YouTube influencer b.s. feed.
BTC Dominance without stable coins tells the real story.
BTD Dominance is in uptrend.
It did not finish yet.
This is the 'buy local top on ETH' moment for retail.
and they will shove it up your throat if you let them.
ETH is between 100-144% in profit since major bottom.
***there will be upticks on ETH usd valuation to keep 'little fish' excited and interested.
Polkadot - $3 Looms as Sellers DominateHi Traders, Investors and Speculators of Charts📈📉
Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close.
There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's a chance the price could fall lower once more before the accumulation phase finishes.
Incase you missed yesterday's update on Bitcoin, find it here 📈
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BINANCE:DOTUSDT BINANCE:DOTUSD