WABI potential to give more than 100% profit #WABI/BTC
there is an ascending support zone that price must hold to break out from descending resistance and give us great profit.
as you can see in weekly time frame, RSI candles are above HMA that van be a bullish sign.
Altcoinlong
LIT clear broke out 30% - 200% increase potential#LIT/USDT
$LIT had a clear break out.
Price can continue its rally toward fib levels.
Review and First targetIn the early stages, I detected the movement of this currency
As I said before, this one has high growth potential (ideally up to 900%)
it broke the triangle pattern, then pulled back
Finally, it was rejected by EMA-10.
First Target : 4.313(about 50%)
Total2 Heading North To Test The ATH SoonEveryone flipped bearish so soon. Just days ago we were all heading to the moon and now everybody is expecting a plummet. That is why you have to keep your emotions in check as a trader. The herd is usually wrong so I believe we will be testing the high in Alts MC over the coming days.
Once we get back above the $307B MC and test it as support this move up will happen fast.
My take profit area will be around $450B as I suspect we will experience a correction back down to the $307-307B level before finally launching into space! More on that later, but let's see if this plays out first.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
ALTCOINS: Why should you invest in Altcoins now?Hello my friends!
Why should I invest in Altcoins at all? That only makes sense if Altcoins performs better than BTC. The chart shows the inverted BTC dominance. At 50%, the market capitalization of BTC is balanced against all Altcoins. Currently, BTC is at a level of 64%. This means that 64% of the total market falls to BTC, the remaining 36% is divided between all other coins.
Of course, you can land a special hit with one or the other Altcoin, but that's more like gambling. Therefore we should take a look at the market for Altcoins in general: Can Altcoins become more important? YES! The current target is around 52-54% BTC dominance. The lowest point was at 73% (highest BTC dominance).
We cannot judge the time before Mid of 2017. At this point the most Altcoins have been created.
Currently, it looks that the trend line will hold. This means that the time for Altcoins has generally come again. This also means that the whole market is still bullish.
Therefore, an investment split between BTC and Altcoins would make sense. Which Altcoins are interesting for an investment? Here I have a clear opinion: the top coins are good. I would not recommend exotic ones. Okay, with exotics you can make 100% and more in a week or a day, but that's gambling imo. Of course you can invest in a coin, if it is a real specialty and you understand the technology behind it. But I would be careful.
And another thing: I always recommend to analyze Altocoins against BTC, because BTC is the leading currency in the crypto market.
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Let's see what happens.
Happy trading. :-)
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Altcoin Season Back (Other Dominance) | Bullish TrendAltcoin Season Back (Other Dominance) | Bullish Trend
ARE ALTCOINS LOOKING TO MOVE WITH BITCOIN?LOOKS LIKE THE ALTCOIN TREND IS LOOKING BULLISH ON THE CHARTS REGARDLESS OF MOST PEOPLE SAYING JUST TEMP PUMP THEN DUMP. IT SEEMS ITS TIME FOR A REALLY WITH BITCOIN THIS TIME. BITCOIN ALSO LOOKS BULLISH TO ME, I WILL PUBLISH THAT CHART NEXT.
Buy Altcoinsbitcoin dominance finally completed 5 wave up. Rsi broke its trend line and wave five of primary degree ended at 78.6% size wave 1 to the end of wave 3 and it is almost equal to wave 3 size.
bitcoin dominance is a great indicator for altcoins. regardless of what bitcoin will do altcoins will go up, it may be coincides with a bullish move in btc or a bearish move, because bitcoin price and bitcoin dominance some times have positive relation to each other and sometimes have negative relation.
