Get started

Altcoin

Ethereum : ETH still BULLISH - Here's WhyFrom a macro analysis, ETH is very clearly in a bullish season. Apart from the obvious (following Bitcoin) there are a few other factors from which we can deduce that ETH is gearing up for another impulse wave UP. 👉 Higher lows 👉 Diagonal trendline acts as macro timeframe support 👉 Currently Three-White-Soldiers in the weekly - Bullish candlestick pattern From a technical indicator perspective, we can see a healthy bounce on the lower white trendline. We can expect the rally AFTER the price reclaims the now upper red trendline (at which point it will turn GREEN). The price is about to reclaim the 50d Moving Averages which, in the weekly timeframe, signals a bullish move: ________________________ BINANCE:ETHUSDT
Long
by CryptoCheck-
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. want to know more about my Conviction on this? Follow me for more. Check my GOOGLE DOC that includes other Trading View possibilities along with other gems.
Long
by osodatsismoso
JUPUSDT Breaks Trend Line: Ready for a Major Upswing?JUPUSDT has hit support multiple times and has now successfully broken its trend line, setting the stage for a significant upmove following a brief retracement. As a fundamentally strong project, JUP presents a promising opportunity with the potential for a 2x return from current levels. Keep a close watch on price action, and remember to implement your stop-loss strategy to manage risk effectively. This could be the start of an exciting rally—don’t miss out! JUPUSDT Currently trading at $0.92 Buy level: Above $0.92 Stop loss: Below $0.77 TP1: $1 TP2: $1.2 TP3: $1.5 TP4: $1.85 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Altcoin Market Breaking Out: Bull-Flag!Altcoins have been steadily losing value against BTC ever since the March top. However, TOTAL3 (total marketcap minus BTC+ETH marketcap) has finally broken out of a 6-month bearish channel pattern, making it a successful bull-flag break out. It's too early to call for a definitive continuation of the trend, but at least a major long-term pattern has changed as of this week. For now, I'm hoping for a move towards the yellow line, being the 2024 top. With a BTC Dominance at 57.5%, it would most likely lead to a new BTC all-time high if the altcoin market reaches the 2024 top. Potentially exciting times ahead!
CRYPTOCAP:TOTAL3Long
by FieryTrading
2
ADA - Breakout or FAKEOUT?In many ways, ADA reminds of XRP. And that's not a compliment... Big promises, cult following, failure to reclaim previous highs etc. Either way - ADA can and will still be traded, and profits can be made. However, another worrisome thought is that (like XRP) many bagholders may be waiting to sell around every corner. This causes extremely tough resistance zones, and is often the reason why the price just cannot seem to get "back up there". The clear higher lows after a bottom is a bullish sign - but is THIS the breakout? I don't know. This current resistance zone will tell. Either we smash through it and close daily candles ABOVE, or it wicks above and then drops hard to the lower side of .30's. _________________________ BINANCE:ADAUSDT
by CryptoCheck-
4
Things to check when trading altcoinsHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I think it's good to check the upward turn on the Renko chart to trade altcoins. Therefore, in the short term, if the price is maintained above 4.9, it can be interpreted that there is a high possibility of an upward trend. Accordingly, I think it's good to trade from a short-term trading perspective in the current upward trend. - (NEARUSDT 1D chart) Usually, coins (tokens) that are currently thought to have risen are likely to have already touched the HA-Low indicator and risen. Therefore, the StochRSI indicator will mostly be in the overbought zone. In this situation, if you feel like you have to buy now, you should be able to wait for that time to be the peak. When the bottom zone, low zone, and rise are formed, it is more likely to create a 'W' pattern (double bottom pattern) or higher than the 'V'-shaped uptrend and rise. Therefore, in order to gain additional upward momentum, it is essential to create a pull back pattern and rise. Therefore, if you want to buy now, it is recommended to confirm that a pull back pattern is created and enter. On the NEARUSDT chart, the M-Signal indicator of the 1D and 1W charts is passing around 4.675, so if a pull back pattern is created, I think that this area is likely to become the bottom zone. Therefore, you should check how the StochRSI indicator is initialized, and when it is initialized, check whether there is support at the support and resistance points at that point and proceed with the transaction. When rising 1st: 5.947 2nd: 7.008-7.369 You need to check for support near the 1st and 2nd above. Among these, the section that can be converted to a mid- to long-term transaction is the 2nd section. - When purchasing, you need to make an effort to make the lowest average price possible by conducting a split transaction. Otherwise, if you try to solve everything with a single purchase, you need to be able to wait as much as possible and be decisive. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale upward trend will begin when it rises above 29K. The section that is expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
RUNE: Poised for an Imminent SurgeI’m waiting for this setup as it still shows strength. CRYPTOCAP:RUNE There are two demand zones at the bottom, with a breaker and an S/R flip in play. I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction. My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
BINANCE:RUNEUSDLong
by ZelfTrade
SOLANA - On the VERGE of CRITICAL TerritoryIt has been trading lower and lower and is now approaching the most important level in this region: $122. It's hard to predict what will happen once it reaches that level. Both bulls and bears have a strong case to try and take control of that area. As for me, I will remain neutral in this area unless: There is a clear retest of $122 followed by a reclaim of the EQLs at $134. There is a deviation below $122 with a strong reclaim. Alternatively: I might consider taking a significant short position below $122. This level is crucial for bulls if the price is to continue moving higher. September is becoming increasingly interesting.
by ZelfTrade
2
FETCH AI - Bullish Pattern : Inverse H&SThere's a few reasons to be bullish on FETCH right now: 👉 Bullish pattern in the daily timeframe; inverse Head and Shoulders 👉 Daily TF price is trading ABOVE 200 day moving averages - bullish technical indicator 👉 Support zone retested and held 👉 Great pick for TOP AI Coins 2024 I'd be watching the Fibonacci zones as potential targets for the next impulse wave up, given BTC will likely lead us there. ___________________________ BINANCE:FETUSDT
Long
by CryptoCheck-
VELO - Waiting for the PERFECT RetestI’m giving it another shot. I’m confident the last setup was solid, but I got a bit greedy with my entry. If the price doesn’t dip further from here or before Tuesday/Wednesday, I’ll abandon the idea since there’s significant strength in this one. I’m aiming for a retest at that crucial level for a better entry. I’ll have to wait and see if the market offers this opportunity or if it moves on without me once again. $VELO
Long
by ZelfTrade
1
IMX Looks Bottomed Here – Ready for the Next Leg Up?The weekly chart has just confirmed another bullish signal at macro support. What can we expect? Ideally, a continued uptrend from here would be the best scenario, and it’s something I’m anticipating before any potential reversal and the formation of a new monthly trend. There are no new lows in sight after retesting the previous monthly support levels, with clear demand around $1. If things continue to develop positively, a 5-week consolidation period could provide a stronger signal. For now, this setup is sufficient for me to look for long positions, aiming to hold into $2.5 as a primary target. If momentum and overall market conditions are favorable, new all-time highs could be on the horizon. CRYPTOCAP:IMX LONG!
Long
by ZelfTrade
LINK - Bullish Control Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈After rejecting the $20 round number, LINK has been in a correction phase in the shape of a falling channel marked in orange. Currently, LINK is hovering around a strong structure, support and round number $10. 🏹 Once the orange channel is broken to the upside, we will expect the next bullish phase to start leading to a movement towards the $20 mark again. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
Dogs: Knows its boundries.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! If it can hold this level and move up to break and flip these other levels. Elliott wave side, it looks like a ZZ up which would call for the lows to be taken. The last move up from 0.0009941, which was an option from my last update looks like a 3 wave move so there is a super bullish alternative here, a running flat. But the Price Action here has alot to prove. 0.0011732 is a strong resistance. 0.0011184 is the fisrt obsticle for bulls. 0.0010609 is displaying as support atm, a break and it could turn into resistance. 0.0009941 has been holding as strong support. Bulls do not want to see no more than a sweep of that level. Breaking the pivot low, could just be a sweep but the Elliott wave would have to be reconfigured. Trade Safe, Trade Clarity.
Long
by CryptoKnee
CELESTIA (TIA) - Anticipating an UpsurgeConditions are favorable for taking a long position at these lows. The weekly candle should close within this price range to provide more confidence in holding a swing trade. The price action supports the idea of going long since it has reacted to August's low and shows a change in character following the significant drop from $6.15. I am targeting $5, but if conditions improve beyond expectations, I will aim for the previous high of $6.15. Long LSE:TIA
Long
by ZelfTrade
Herding CatIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Ideally it needs to stay above 0.000030662. On the Elliott wave side it looks like a potential impulse being put in, and we are at the Wave 4 of the larger degree which could mean another move up. If the level metioned breaks it becomes less likely. MO. 0.000028937 is the final level I would want to see it fall beneath. Trade Safe, Trade Clarity.
Long
by CryptoKnee
DOGS Analysis==>>Inverse Head and Shoulders PatternsOne of the tokens that has been trending for the past few days is the DOGS token . Did you participate in the DOGS Telegram project or not? Do you still have your tokens or have you sold them? The DOGS token is moving near the Support zone . Regarding classic technical analysis , it looks like DOGS is forming an Inverse Head and Shoulders Pattern . Also, Regular Divergence(RD+) can be seen between the two shoulders of the Inverse Head and Shoulders Pattern . I expect DOGS to rise to at least the Resistance zone again after breaking the Resistance lines . And if this zone breaks, we can expect DOGS to increase to at least $0.00129 . DOGS Analyze (DOGSUSDT), 1-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
11