Could We Be on the Verge of Another Altcoin Bull Run?Traders,
Quick update. I'm am seeing some interesting new price action on the alt charts that has not been observed for quite some time (over a year and a half). This new price action has me growing more and more bullish alts and has me questioning, "Could we be on the verge of a new altcoin bull market"? For now, this remains to be seen, but if what I am seeing can be confirmed, I think the answer for me will be a resounding "YES"! Let's take a look together.
Altcoinseason
➕200% growth in Illuvium (ILV)🚀👋Hi, everyone. I hope you had a great weekend.
💡Today, I want to introduce you to a Token that can grow by ➕200% .
💡The name of this token is Illuvium(ILV) .
📚 What Is Illuvium (ILV)❗️❓
Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.
💡The Illuvium(ILV) chart shows us a standard Double Bottom Pattern in the weekly time frame.
🔸The Illuvium(ILV) moved towards the 🔴 Resistance zone($108_$88) 🔴 with more volume after the formation of Bottom(2).
🔸Also, we can see Regular Divergence(RD+) between two Bottoms .
🔔I expect the Illuvium(ILV) to start rising again after the correction , so I'd better wait for the correction.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Illuvium Analyze (ILVUSDT), Weekly 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.
Altcoin Surge Ahead: Bitcoin Dominance Trend Analysis🔅The Bitcoin Dominance chart is presenting signals of a potential trend reversal or, at the very least, a substantial pullback. The repeated failure to breach the supply zone on two consecutive occasions highlights the resilience of altcoins against Bitcoin.
🔅The current hold within the supply zone indicates a pivotal moment where the long-anticipated altcoin season might begin or continue its ascent. This juncture could offer compelling buying opportunities for various altcoins, both in the short and long term.
🔅Further updates and insights on these potential opportunities will be shared in our VIP channel.
May '22 Inv H&S NL Broke but Alts are Nearing Resistance!Traders,
For the first time in a year and a half, alts have broken above major resistance. This resistance happens to be the neckline for our long-trending inverse head and shoulders. This is hugely bullish!
But before you max out your home equity line of credit, know that we are nearing what looks like it could become a local top. The channel which alts have utilized for almost a whole month to propel them to a breakout is about to hit significant resistance. Once we bump our head here (resistance), I think we'll retest our neckline and then relaunch to our final target.
In addition to being in highly overbought territory on the daily RSI there are more looming threats of a future gov't shutdown. This time I think it happens. Stocks will sharply pull back. Crypto will follow. And everybody will once again have their second chance to buy the fear and re-enter another crypto bull run before it happens.
Stewdamus
ETH Ethereum and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ETH Ethereum, for which my price target is $2130.
Looking forward to read your opinion about it!
SOL Solana and the Altcoin Season Thesis
The recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including SOL Solana, for which my price target is $30.70.
Looking forward to read your opinion about it!
SOLANA LONG IDEA One of the ideas for long SOLUSDT
We are currently at 200 daily MA, below coming 50 daily MA, POC of a huge range, 50 Weekly MA, together with that, bullish divergences are created at 4h and at daily. Everything depends on BTC, but this setup has a good chance
Follow if you are satisfied with my vision, updates of each idea and writing in detail what I see
Altseason on the Horizon? 🌕Exciting times are upon us in the world of cryptocurrencies! Ethereum (ETH) has recently broken out of a significant triangle pattern, and there's a compelling possibility that a similar pattern may soon emerge in the ETH/BTC pair. This development could signify the beginning of a mini altseason – an exciting prospect for crypto investors. 🎉
ETH's Triumph:
Ethereum's breakout from a long-standing triangle pattern has sent ripples through the crypto market. It's a bullish move that indicates renewed interest in the second-largest cryptocurrency by market capitalization. 📈
The ETH/BTC Pair:
Now, let's turn our attention to the ETH/BTC trading pair. Historically, altcoins tend to flourish when they outperform Bitcoin. A breakout of a similar triangle pattern in this pair could potentially signal a shift in market dynamics. 🔄
Implications for Altseason:
Here's why this matters: if Ethereum, often seen as a bellwether for altcoins, starts to outperform Bitcoin, it could mark the beginning of a broader altseason. During an altseason, many alternative cryptocurrencies (altcoins) experience significant price surges, presenting intriguing opportunities for investors. 🚀
Trading Strategy:
Keep an Eye on ETH/BTC: Watch for signs of a breakout in the ETH/BTC pair. Look for increased trading volume and clear confirmation of an upward trend.
Diversify Your Portfolio: If altseason does materialize, consider diversifying your portfolio to include promising altcoins that align with your investment strategy.
Stay Informed: Keep abreast of market news and developments that could impact cryptocurrency prices.
Conclusion:
While crypto markets are inherently volatile, technical patterns and market dynamics can provide valuable insights. Ethereum's breakout from the triangle pattern and the potential ETH/BTC breakout are exciting indicators.
Remember, cryptocurrency investments carry risks, so always exercise caution and perform thorough research before making any decisions.
Could this be the start of an altseason that leads to new opportunities and gains? Stay tuned, and let's see where the crypto journey takes us! 🌟
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
ETH/BTC - Flippening ... What Flippening ???My analysis of the ETHBTC chart suggests that there will be no Flippening, neither soon nor ever, an idea which I hope you will challenge with tough questions. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best.
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception.
Although my trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION, this is not a trade, per se, but the consummation of my understanding of the future of Ethereum as a "commodity".
Furthermore, I am preparing the charts of XRP/ETH and AMP/ETH as part of the complete analysis. Now that I have enough followers for live-streaming eligibility (many thanks!), I intend to do a recurring weekly show on prospecting within the cryptosphere, where those charts and others will be showcased regularly.
First, though, I have a few more ideas to upload as I update other key charts for the final Quarter of 2023.
Until then, be liquid !!!
CYBER Ready to Go UP ➕25%(Short-term)🚀📩Today, I want to introduce you to a token that seems to be in the right price range for short-term purchases; the name of this project is CyberConnect(CYBER) .
💡What is CyberConnect(CYBER) ❗️❓
CyberConnect is Web3’s earliest and biggest social network that enables developers to create social applications utilizing ERC-4337/Account Abstraction, empowering users to own their digital identity, content, connections, and interactions.
💡The good news is that CYBER has little correlation with Bitcoin, so if Bitcoin decreases, this token can even increase.
🏃♂️CYBER is currently moving in the 🟡 Price Reversal Zone(PRZ) 🟡.
🌊Regarding Elliott's wave theory , CYBER seems to have successfully completed its five downward waves in the 🟡 PRZ 🟡.
🔔I expect that CYBER can increase to the 🎯 Targets 🎯 I specified in the chart ( at least ➕25% ) in the coming days.
CyberConnect Analyze ( CYBERUSDT ), 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.
Ethereum -> My New Trading PlanMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Ethereum .
You can perfectly see that just a couple of months ago Ethereum retested the preivous cycle high of 2018 at the plsychological $1000 level. Since then Ethereum already pumped 100%.
However there is still a possibility that Ethereum will once again retest support at the $1000 level and then start the next bullish cycle from there. I will personally buy the dip.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
ALTCOIN SEASON This is a graph showing the relationship between Ethereum and Bitcoin . I think it is a good time to accumulate altcoins, but I believe that another drop will come and then we will start stronger. Certainly these are good times to invest, of course high risk and high return.
Show me your opinion by put comment below and if you like feel free to follow me!
The Real Alt Coin Season Starts Here!Bitcoin usually surpasses the future halving price in crypto Autumn. Shortly there after we usually start to see alt coins ripping higher at different points throughout the season, all the way up to even early crypto Winter. On this chart I have a few of those OG alt coins (XRP, DOGE & LTC) compared to Bitcoin. The green dashed vertical lines are the points where bitcoin surpassed the future halving price in the past 2 cycles. Now take a look at the parabolic rise of these alt coins after that event. Vertical! Obviously there are some pretty significant moves before then, but nothing compares to after bitcoin surpasses the future halving price! The next event is projected to be around late 2024 to early 2025. What are your thoughts?
📉FETCH.AI --> 0.21$ then 0.18$ 📈BINANCE:FETUSDT
COINBASE:FETUSD
Hello Traders, please check out my previous ideas.
If the price stabilizes above the red area, the short scenario won't be fulfilled.
targets are on the chart.
optimum stop-loss is above the 0.2561 level.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
Bitcoin -> Massive Back And ForthHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪
A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected.
Furthermore you can also see that weekly market structure is bullish with Bitcoin creating higher highs and higher lows so there is no reason why Bitcoin should actually reject the previous resistance zone once again towards the downside.
Looking at the daily timeframe you can see that Bitcoin is still stuck in between support and resistance so I am now just waiting for a clear breakout towards the upside before I also then favor another bullish continuation setup.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
AXS Axie Infinity and the Altcoin Season ThesisIf you haven`t sold the speculative bubble:
Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including AXS Axie Infinity, for which my price target is $8.00.
Looking forward to read your opinion about it!
MANA Decentraland and the Altcoin Season ThesisIf you haven`t sold MANA here:
Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including MANA Decentraland, for which my price target is $0.50.
Looking forward to read your opinion about it!
SAND Sandbox and the Altcoin Season ThesisIf you haven`t sold SAND here:
or bought it back here:
Then the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including SAND Sandbox, for which my price target is $0.60.
Looking forward to read your opinion about it!