Easy growth Altlayer x2The market maker was sliding his assets! My expectations are in the 1,618 fibonacci area. Have a good trade!
ALTLAYERUSDT
ALTUSDTALT ~ 1D
#ALT If you have Conviction on this coin, wait for this resistance line to be successfully broken and you can make purchases gradually.
ALT - Ready for breakout? Hi, this is my new analysis for ALT. After breaking both the resistance 0.10 - 0.1030 and 50SMA/100SMA, in the last few days we have tested to see if these levels will act as support or not.
Fortunately it has been good support for ALT. At the same time we have a big descending trend line that has been tested 4 times.
I expect after breaking the trend line we are going to takeoff. The next resistance is around 0.1680 - 0.1750 and after a good ABC correction we are going much higher to next level 0.36. It is going to be up 200% from current levels.
On the daily timeframe we are getting bullish momentum on MACD and as you see we are in a good uptrend on RSI.
It is very important to hold the support levels around 0.10 - 0.1030, but if break those levels we are going much lower to 0.080.
ALTUSDTALT ~ 1D
#ALT If you have Conviction on this coin, wait for this resistance line to be successfully broken and you can make purchases gradually.
Altlayer middle term targetsMiddle term targets for BINANCE:ALTUSDT
Possible Targets and explanation idea
➡️W tf. on a daily even better picture. Order flow sooner or later will be a fuel for uptrend
➡️Would be good to see sweep previous 2 or 3 wick lows. Lowest point what im expecting
0.05
➡️After first video and idea after listing we came in to the last zone of interest based on IAP model
➡️Middle term target its a new ath. From current zone its around +800% on a spot
➡️Based on Money Power indicator like you can see big capital inflow in ALT
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Long ALT/USDT (D1). x3-x5 potentialLong ALT/USDT. TF D1
x3-x5 probably.
Setup specs:
Entry - 0.12 (or current level. But I usually prefer to wait for a retracement and make an entry using limit order).
Tp1 - 0.35
Tp2 - 0.55-0.57
SL - below 0.095 with confirmation on D1
FA:
AltLayer is a blockchain infrastructure project. MC - 300mln. FDV - 1.3bln
Next unlock - in 4 months
Backed by top-tier VC + Binance labs
TA:
- consolidation breakout
- LTF (h4) MAs inverted back to an uptrend after a squeeze
- unusually high volume + green candle
- S/R flip at 0.10 (support retest)
- HH and HL
TH-H4 screen for TA in details:
ALTLAYER with BTC pair (investing chart)hello dear trader and investors
About Altlayer :
AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism.
ALT is AltLayer's native utility token and is used in the following functions:
Economic bond: ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if a malicious behavior is detected.
Governance: ALT token holders can vote on governance decisions.
Protocol Incentivization: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.
Protocol Fees: Network participants will need to pay for intra-network services in ALT tokens.
AltLayer’s core offering of restaked rollups consists of three key products:
VITAL: An Actively Validated Service (AVS), where operators verify blocks and the corresponding states committed by the rollup sequencer and raise fraud proof challenges if necessary.
MACH: A protocol to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state.
SQUAD: Offer decentralized sequencing with economic backing. Decentralized sequencing eliminates short-term liveness concerns, bad MEV, rent extractions and other issues associated with rollups that operate with a single sequencer.
AltLayer has raised 22.8MM USD from two rounds of private token sales, where 18.50% of the ALT total token supply has been sold at 0.008 USD / ALT and 0.018 USD / ALT respectively.
AltLayer’s investors include Polychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5, Balaji Srinivasan (former CTO of Coinbase and former GP of a16z), Gavin Wood (Co-Founder of Ethereum and Parity), Sean Neville (Circle Co-Founder and USDC architect) and Ryan Selkis (Founder of Messari), among others.
As of January 17th 2024, the total supply of ALT is 10,000,000,000 and the circulating supply upon listing will be 1,100,000,000 (11.00% of the total token supply.)
