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WHY This is ALTSEASON ?? 💥💯 Cycyle 3: Rising of the Altcoins !WHY This is ALTEASON ?? Cycle 3 // Bullrun 3 💥💯 Lets see on Total2 Marketcap Look closer.. Volume: ✅ Significant volume increases in the bottom zone point to a trend reversal. Gaussian Channel: ✅ (green) as with other trend reversals, the channel changed from red to green Level2: Bullish Area ✅ See on chart Media Attention: Starts ✅ Ethereum ETF: On the road ✔ BTC Halving: On the road ✔ FED Interest rate cut: On the road ✔ Global Adapt: On the road ✔ ...these are the known ones I would like to approach the subject from different angles. NVIDIA ? hmm.. Why Nvidia ? >>Now I will show you the comparison of major altcoin charts with nvidia. this will mean a lot to us. ETHUSD/NVIDIA This is Real, Details on the chart. XRPUSD/NVIDIA >This chart shows us XRP times TOTAL2/NVIDIA > Lets see buy zones AND JUST NVIDIA Total2 is now on a bullish eve. You see the technical levels. We are above the trend midline and this zone is a strong support. In the back we have mayer multiple bands and gaussin channel in colour. Analysis plain and simple. now only patience.
CRYPTOCAP:TOTAL2Long
by Cryptollica
3
Solana's Phantom Wallet Spike in Popularity, Surpasses Facebook Solana's Phantom Wallet, a popular app for accessing Solana's web3 ecosystem, has surpassed Facebook and ChatGPT in the Google Play Store's U.S. rankings. Currently ranked #11 behind Cash App and Snapchat in the free download category, it saw an estimated 770,000 downloads in April. Phantom Wallet, originally designed to hold only Solana ( CRYPTOCAP:SOL ) tokens, has since expanded to support Bitcoin, Ethereum, and Polygon. It also secured the third position in the Apple App Store's utility category, just behind Google and Google Chrome. In April, it reported over 7 million active monthly users, a sign of growing adoption. The token was trading just above $168, marking a modest 1.35% increase in the last 24 hours and a 16.9% jump over 30 days. Technical Outlook Solana ( CRYPTOCAP:SOL ) is down by 0.26% trading with a Relative Strength Index (RSI) of 54.48 which is poised for a trend reversal. Despite the token sale from FTX, Solana was able to retain the $160 support level.
COINBASE:SOLUSD
by DEXWireNews
2
If Ethereum Can't Break These Levels, Then....Traders, I have a pretty good record for calling these inverse head and shoulders patterns before they are fully formed. I am not saying for sure Ethereum will form this inverse head and shoulders pattern but if it doesn't, then it will need to break above those resistance levels I have drawn and confirm. If it can't do this on the daily, then I have a hunch this inverse h&s will complete itself. Ethereum leads the altcoin market rn. So, depending on where your bet lies, you may want to offset some risks and take profit here as we begin to consolidate/accumulate for another bull run. Stew
COINBASE:ETHUSD
by stewdamus
2
$BTC Dominance on the Verge of BreakoutCRYPTOCAP:BTC Dominance on the Verge of Breakout Watch Closely: CRYPTOCAP:BTC Dominance is trying to break out. If this happens, trust me, get ready for a massive altcoin season! Key Support Level: The altcoin market is finally poised for a massive bullish wave only if it breaks down this critical support level at 54%. Your Next Move: Share this post and write your favorite coin in the comments for a detailed analysis! Get Ready: This could be the opportunity you've been waiting for. Stay ahead of the market with our real-time updates and insights. Follow Us: Don't miss out on any major moves. Follow our page for the latest news and technical analysis on your favorite coins!
CRYPTOCAP:BTC.DShort
by CryptoPatel
1
SOL Down 4% As FTX Bankruptcy Estate Concludes Solana Token SaleFTX's bankruptcy estate has completed the sale of $2.6 billion worth of Solana ( CRYPTOCAP:SOL ) tokens at significant discounts. Figure Markets and Pantera Capital were among the latest buyers, acquiring a block of 800,000 tokens for approximately $80 million, equating to about $102 per token. Solana ( CRYPTOCAP:SOL ) is down 3.3% on the day. Pantera Capital also participated in the auction, although the specific price paid remains undisclosed. Both the FTX estate and the involved firms did not immediately comment on the transactions. The liquidation of Solana ( CRYPTOCAP:SOL ) tokens has been a contentious issue in the FTX bankruptcy proceedings. While FTX creditors will receive full repayment plus interest, they will not regain their crypto assets, potentially missing out on future market gains. Earlier in May, FTX announced that the estate would have up to $16.3 billion to distribute, while it owes approximately $11 billion to over two million customers and other creditors. Pantera Capital aimed to raise $250 million to purchase Solana tokens from FTX in March, winning a batch of discounted tokens in April. Due to the token sale campaign, Solana ( CRYPTOCAP:SOL ) is down 4.54% at $168.14 with the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) showing impending bearish trend coming up.
COINBASE:SOLUSD
by DEXWireNews
2
How To Trade NEW ALTS - SECRET PATTERN 📈New Alts - a Pattern Newly released alts all seem to follow the same pattern, at least for the first few weeks. From the frontpage chart, you'll notice a very interesting "fractal" if we can call it that. It goes something like this: 🚀 Opening Candle 💥 Top Out 👇 Hard Drop ❕ Re-enters opening price or goes under 🔁 Bottoms out (HERE IS WHERE YOU BUY) 🚀 Higher Highs follow. With this said, it seems evident that you should WAIT to buy a coin that has just been released on the exchange. Although you could try to jump in to the moving train, the risk is simply too high if you do not already have a position. Worried that you missed the PUMP? Don't worry! Here's a list of strong coins that can return high profits, IF you're willing to wait for the right entry: 1) JTO : BINANCE:JTOUSDT 2) RVF : MEXC:RVFUSDT 3) AIUSDT: BINANCE:AIUSDT 4) MAV : BINANCE:MAVUSDT 5) NOT : BINANCE:NOTUSDT ALTS that have already retraced, bottomed out and establishing higher lows. These alts you could easily preset TP targets from 15% onwards, depending on your risk appetite: 6) RVN : OKX:RVNUSDT.P 7) RSR : BINANCE:RSRUSDT 8) RAY : BINANCE:RAYUSDT 9) LPT : BINANCE:LPTUSDT 10) KSM : BINANCE:KSMUSDT ALWAYS remember to take caution in the volatile world of crypto with a SL and reasonable targets. Remember that trading newly released alts and memecoins greatly increase the risk on top of the existing risk of crypto. ___________________________________
Long
by CryptoCheck-
1
SUI - to continue the bullish structureWe have let things develop and it seems as it is indeed bullish, I don't really know what to say else only the ETF approval/disapproval could shake this market currently. The correlation between BTC and NVIDIA is also not something you can just ignore but currently I don't think even a miss on NVIDIA earnings could make crypto worry. Looking at SUI now we got the needed change of strucutre and left a FVG and a demand on the way up. We want to bid this demand. With the last push upwards yesterday during the night we grabbed the liquidity from above and a push upwards to $1.26 should be possible after a smaller pullback. Alerts are set ✅
Long
by stromm_by_wmc
PEPE! Lilly pad to trampoline! PriceAction If you find this information inspiring/helpful, please consider a boost and follow! Bounced off of level, now watching for it for clues on the next move. Right now the impulse are up BOS style. So looking for continuation with the trend, but I will be ready if the trend turns. So watching these IDM for now for clues of a retrace or slow down before the next move, but again right now the pattern is impulse up correction down. ...patterns change though.
Long
by CryptoKnee
ADA : Extreme WEAKNESS, be CAUTIOUS👎BINANCE:ADAUSDT Cardano, like XRP and a few others, have been left behind during the recent BTC surge. We're about to see another leg up on BTC and likely a new ATH but ADA is barely able to break out of accumulation zone successfully. A few other altcoins that call for concern include the following: Other altcoins are sowing more promise. Volatility is infact, what attracts many users to crypto. There are a few coins that we are holding for longer term "investments" but projects that have been around for many years and fail to reclaim highs just speak to weakness. If we wanted a steady 7%, why not just get a savings account. You could be trading 5 other profitable altcoins instead of holding onto a dead, slow mover (unless ofcourse you have other reasons, such as a fundamental belief). Altcoins that are STRONG and moving with the trend as opposed to ADA, include the following: ______________________________
Short
by CryptoCheck-
1
ETH - Deja Vu🦋Hello TradingView Family / Fellow Traders, For those who know me, I always enjoy studying previous price action. 📌Today, I want to share an interesting pattern I found on ETH. Back in Summer 2021, ETH experienced a parabolic bullish impulse (depicted in blue), followed by a correction (shown in purple) to reject the $3000 support before commencing another bullish impulse movement. If we apply the same logic to the current price action, ETH is currently in the correction phase, rejecting the $3000 support. Thus, I will be looking for buy setups on lower timeframes, speculating on the next bullish impulse movement. Of course, this pattern will be invalidated if the $3000 mark is broken downward. 🗒 What do you think? Will history repeat itself? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! And always remember: All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
18
ALTSEASON is just about to launch!!!According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the other various EVM's A strong eth has a multiplier effect on those S coin prices. As we have already seen this cycle on Solana. The ETH etf is on the docket to be approved .. it is actually a political necessity now. like I've been saying we are due are GENERAL altcoin season any day now... not just new coins, or new narratives.. I think all boats will rise in this next ramp up. ? do we get a double bubble like in 2017? or a short 6 months -9 months and end the 4 year cycle early?
COINBASE:ETHUSD
by BallaJi
4
ETH - Bullish Continuation⁉️Hello TradingView Family / Fellow Traders, 📈As per my last analysis, ETH broke above the previous major high at $3000 and is currently trading higher. What's next? ETH is currently bullish short-term trading within the rising wedge pattern marked in orange. 🏹As long as the lower orange trendline and the $3000 support hold, a continuation towards the upper bound of the orange and blue channels would be expected around $3333. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
3
Here's What You Can Expect On Wall Street & In The Crypto SpaceThere are no surprises with the U.S. dollar, vix, gold, precious metals, commodities, and stocks. Everything is right on track. We are nearing our SPY blow-off top target of 570-600, but we have some time to hit that before the U.S. election charades and the future recession. We'll review these things and then focus on what price action will look like in the coming weeks for the crypto space. Plus, I have added an extra video for my members in which I'll review the current altcoin entries we are in. I'll let you know clearly what my sentiment and strategy is for trading these coins, a few of which have 3-4x targets! Quickly, I believe our local low in the altcoin space is in and we are going to pop soon. Some coins will fare much better than others. I want you in those coins. Let's go!
INDEX:BTCUSDLong
by stewdamus
🐸PEPE🐸 is Ready to Correct 🚨➖40%🚨✅As I expected in the previous post , PEPE was corrected by more than ➖50% . 🌊According to the theory of Elliott waves , PEPE is completing the main wave 5 , and most likely, wave 5 is a truncation type . 📚 A truncation is the fifth wave in an impulsive pattern that fails to exceed the price extreme of the third wave. It suggests underlying strength or weakness and an impending market reversal.(A truncation often occurs following a particularly strong third wave) 🔔I expect PEPE to drop to at least the Support line after breaking the Uptrend line (➖40%). ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. PEPE Analyze (PEPEUSDT), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
Short
by pejman_zwin
31
USDT.D% will ⚔️Attack⚔️ to Support zone again💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status. 💡If USDT.D% falls, we can expect the cryptocurrency market to start rising ( not all tokens, of course ). 📈From the point of view of Classical Technical Analysis , USDT.D% looks like. It has succeeded in breaking the lower line of the Rising Wedge Pattern . 🌊According to the theory of Elliott waves , USDT.D% has successfully completed the Zigzag(ABC) correction , and we have to wait for the next 5 falling waves . 🔔I expect USDT.D% to at least fall to the 🟢 Support zone(4.72%-4.53%) 🟢. Market Cap USDT Dominance% Analyze (USDT.D%), 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; 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.
CRYPTOCAP:USDT.DShort
by pejman_zwin
8
XSWAPUSDT: Attempting to Double Bottom at the 0.618 RetraceXSWAP very recently listed and there's not much yet known about the coin, however, the combination of the lower timeframe price action surrounding the macro 0.618 Fibonacci Retrace and the current trend of decreasing supply on this coin has caught my attention and therefore I see it worth playing to see if we can get some major Bullish Continuation Candles in the near future perhaps taking it up to around 10-12.5 dollars which at its current level of supply would bring the market cap up from 37 million dollars to around 3-4 billion dollars. Assuming the supply keeps going down and the double bottom holds we may even manage to go higher, but that's yet to be seen and I currently do not know why the supply is currently contracting as much as it is, but I can confirm that for whatever reason over the last 24 hours at least 3,299,262 Coins have been burned.
XLong
by RizeSenpai