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Altcoins

We are due a 2017 style ALT season.One for the memory banks! Now do we actually get what we are "owed" ?? :) We don't know and nothing is owed to us of couurse But Selling too soon could be quite disastrous... as many peopleI speak to say to me 5X - 10X I am out.. Which may be prudent If you are out. Stay out and don't FOMO back in again near the tops So it's best to scale out in my opinion last cycle was a quite difficult Alt season ... some bag holders actually did not get to experience any euphoria Hence why I am leaning to an exsplosive alt season BTC at $70k doesn't feel euphoric so what will it take?
CRYPTOCAP:TOTAL2Long
by BallaJi
2
SOL aint looking that goodYes, the market structure isn't really broken and it hasn't lost any major support Yes, it can go higher, a lot higher, and yes it's been one of the best performers of this cycle . Which makes it rather risky to short it. But it doesn't change the fact that it: - Failed to beat critical levels - By being one of the best performers, retail is loving it. - Everyone is too comfy in longs. The level i had for SOL back in last year happened to be the exact bottom, so I'm being cautious here.
Short
by cryptokebab
1
SOLANA 1D RANGE There is no denying the last few months in crypto have been frustrating to say the least. With a brutal seemingly endless chop despite some very bullish events such as the halving, BTC & ETH ETFs, institutional interest and buying, presidential candidates in support of the industry etc. Bitcoin still struggles to break and stay above its '21 ATH @ $69,000. For altcoins, and in particular SOL, this means they bleed as well and more often than not, they bleed more than BTC. Since range highs we've seen multiple retests of the lows and no retests of the highs, currently price has lost the range midpoint after hitting diagonal resistance and could potentially be targeting range low once again. The difference this time is the 1D 200EMA which usually serves as a Bullrun launching pad will be above that range low, any acceptance below this moving average is catastrophic for SOL. SOL has recently overtaken ETH in daily DEX volume more than once in the recent past, which has signalled a shift in on-chain preferences for traders of lower-cap coins. This could help to keep SOL afloat compared to other L1'S and alts in general however if the environment truly is risk-off then it may not be enough. From a bulls standpoint you'd like to see SOL hold price in this bullish Orderblock and at the worst $138 which is where daily support & 1D 200EMA is situated. With rate cuts predicted to be coming in September, it feels like a survive the next 6 weeks and thrive in Q4. Until then it's capital preservation market conditions.
by ProR35
BTC - 4H bullish signsBINANCE:BTCUSDT is currently approaching a crucial support zone around $60,000. This level has historically provided significant support, suggesting a potential rebound. In the daily timeframe, BTC is near the bottom of its trading range, indicating a possible shift in market sentiment. Technically, BITSTAMP:BTCUSD has completed two legs of correction, which often precedes a substantial bullish rise. If Bitcoin holds this support zone, it could spark a significant upward movement.
Long
by Sober_Trading
BULLISH Altcoins NOW: Final SHAKEOUT CompilationWe're seeing what could be the final shakeout across the entire altcoin market. This drain of liquidity will likely go into Bitcoin to propel the next impulse wave up, after which the money rotates BACK into alts for Altseason2.0. We're spotting multiple bottom patterns across the altcoin markets such as inverse head and shoulders and W-bottom patterns. 1) FLOW 2) RNDR 3) SOLANA 4) LINK 5) ETH __________________________________ I'll keep adding to the list over the next few days as there are MANY more. FOLLOW for alerts!
Long
by CryptoCheck-
4
Total 3: Alts about to see fresh lows, then real bull run startsI sold out of all of my crypto yesterday because when I looked at the chart, I realized that we've started the final selloff before the real bull run begins. As you can see from the chart, after the run in 2021-2022 we've been in the process of correcting. It's my view that this year's run was corrective, not impulsive like many are thinking-- and that altcoins will hit new lows by the end of 2022. I've shared a lot of bullish altcoin charts recently, but I've changed my view and am not bullish anymore. I don't think we'll see large bounces, I think it's going to be a rather quick path to new lows. Lows that you didn't even think were possible. This will be the greatest buying opp to exist in crypto and because most people are about to hold alts all the way down, they won't have any cash left to buy the bottom. It's going to make people never want to invest in crypto again because this last move will be one of the biggest fakeouts in crypto and people will lose a lot of money. However, after we hit the support levels on the chart, it'll present the greatest buying opp of any cycle. I think we go from ~200B to $2.5-4B when this next run starts. I think we'll bottom before 2024 ends. The next cycle will go until the end of 2026. Get prepared...
CRYPTOCAP:TOTAL3Short
by benjihyam
16
$AEROUSD an alt worth watching?COINBASE:AEROUSD Finance (by request): This altcoin is an AMM for BASE ( NASDAQ:COIN ). We rejected from the $1 level at the channel bottom as anticipated. This month I hope to see us set a higher low, against the $0.40 cent bottom in July (blue half-circle, around $0.55), ready to re-test the $1 level by the end of the month, assuming CRYPTOCAP:BTC can find its legs. Bear case would be a breakdown of our white trend-line since March, falling to a double bottom at ~$0.40 (red flag) Remember, the altcoin market is a derivative of the Bitcoin market, so expect the price action of COINBASE:AEROUSD to move with CRYPTOCAP:BTC , but with a higher beta. The exciting setup is that COINBASE:AEROUSD will probably trade with CRYPTOCAP:BTC bullishness - so if we can get into the top half of the channel, there is almost no resistance between ~$1.40 and the channel high at $2.
COINBASE:AEROUSD
by dawsonMoonshot
Solana Breaks Inverse H&S Neckline & Clears TriangleTraders, Multiple indicators show Solana on the way to final target now of $230-250. My followers were given a signal at $120-140 and should easily double their $$$. We have an inverse h&s pattern inside a bullish triangle. Additionally, a double bottom pattern forms the right shoulder. This all shows us clearly that it will be hard to stop Solana. We have a little resistance rn and may retest the top side of our triangle, but in less than a week I anticipate further price action to the upside as we continue to smash through levels like we're karate chopping balsa wood. Best, Stew
COINBASE:SOLUSDLong
by stewdamus
SOLUSDT: Correction Over, Bullish Rally Ahead with 30% Gains?Hey Realistic Traders, let's dive into the technical analysis of BINANCE:SOLUSDT From June 24, 2024, until today, SOLUSDT has dipped slightly below the EMA200 line twice. On both occasions, it rebounded by forming a bullish hammer candlestick and subsequently moved back above the EMA200, signaling a bullish trend. Recently, on the daily timeframe, it broke the upper trendline of the falling wedge pattern, accompanied by a MACD bullish crossover—an indicator where the MACD line crosses above the signal line, suggesting increasing upward momentum. This combination of technical factors typically signals a potential upside movement to the first target of 182.02. After reaching this first target, a pullback may occur before continuing its ascent to the second target of 210.33. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Solana." Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below
Long
by financialfreedomgoals101
10
Phemex Analysis #11: TON_Is it Time to Buy the Dip?PHEMEX:TONUSDT.P experienced a meteoric rise from $2 to its all-time high (ATH) of $8.284, representing a staggering 400% increase in just four months. While the broader cryptocurrency market faced a downturn since March, TON demonstrated resilience, continuing its upward trajectory. However, the recent drop below the 1-day 50 EMA and formation of a lower high at $7.64 suggest a potential bearish trend emerging. Given the current market conditions, investors are pondering whether it's an opportune moment to accumulate TON at a potentially discounted price. It's noteworthy that several prominent institutions, including Pantera Capital and DWF Labs, maintain a bullish outlook on the project. To navigate the evolving market dynamics, it's essential to consider potential price scenarios: Consolidation and Subsequent Rally: The price may stabilize around the $6.35 support level before embarking on another upward movement. If TON surpasses its previous ATH of $8.284 with substantial trading volume, it could signal the onset of a sustained bullish trend. In such a scenario, investors might consider chasing the upward momentum to capitalize on potential gains. Extended Downtrend: Alternatively, the price could breach the $6.35 support level and continue its downward trajectory, seeking support at $6.0, $5.60, or $4.60. These levels could present attractive entry points for long-term investors if a reversal occurs, indicating a potential buying opportunity. It's crucial to recognize that the TON ecosystem is still in its nascent stages, with substantial growth prospects on the horizon. The project's potential is undeniable. Note: Our SocialFi Platform - Pulse now had 500 $PULSE Airdrop for all Phemex users. Check it out now.
by Phemex
$SOLUSD's bull run = done until 2025, back to $50 or belowAs you can see from the chart, price has hit the top of the structure and has begun to reject off of it on the 2D timeframe. I think this is the start of a much larger move down for Solana. I think it's likely that from here, Solana goes to test the $51 region at a minimum. If it can bounce there, then it's likely that it'll come back up to the top of the structure and break it. However if it can't, then I think it's likely to continue down to the lower supports before bouncing and we'll see a longer accumulation before we see a breakout. I lean towards altcoins going down/being in an accumulation phase until Jan - March 2025 then seeing a large move after that. Once the structure breaks to the upside, initial target is $750. Would be an amazing trade to accumulate at the lows should this play out. Let's see what happens over the next 6-12 months and beyond.
COINBASE:SOLUSDShort
by benjihyam
2