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Altmarket

ALTCOIN Market Cap. Impressive Symmetry.This is just a quick reference to where the alt market may be heading after Bitcoin's latest sell off. To me it is impressive how the market managed to follow a downtrend that symmetrical to the uptrend of January - June. Do you think it can go all the way down to fill the pattern? Personally I see the next symmetrical Support levels as strong candidates for the start of the next uptrend based on a comparison with the previous Bull Cycle. Also the 1D MA50 should start reversing around 50.50 if it follows the symmetry.
CRYPTOCAP:TOTAL2
by TradingShot
6
VET might have a nice setup very soon. Low risk & high reward!Vechain is at the critical point right now where I believe if we break up above 42 Satoshi Vet will have a huge rally for upcoming months. Reasons to enter: 1. Massive Falling Wedge on the weekly and VET at the bottom of its boundaries. 2. Bullish RSI divergence on Daily. Bears are losing steam. 3. Selling volume is decreasing. 4. Great R/R for long term investment. Strategy: Wonderful Risk/Reward Ratio = Target1 -> 10.13 or Target 2 -> 14.38 or Target 3 -> 27.63 Entry: around 0.00000042 Stop loss: 0.00000034 Target 1: 0.00000123 Target 2: 0.00000158 Target 3: 0.00000262 It is better to wait for the price to break out small resistance at 42 Satoshi and then enter the long on a retest of that level. Entering right now at 39 Satoshi is a bit riskier. I would take initial BTC entry value as your profit at Target 1. And let the rest run risk-free towards Target 2 or Target 3. Please take a look at my trading idea "A relief rally for ALTS is incoming!" where I explain why I think ALTS are due for a big bounce. Trade safe!
Long
by TheDinoChart
3
Bitcoin vs Altcoin Market Dominance.The market dominance of Bitcoin is at a 2019 High having reached the 2018 Highs this week. With the RSI breaking over 70.000 it has completed a cup formation a relief consolidation is expected. The alt market dominance is past its 2018 Lows approaching the 2017 levels. The equilibrium of the two market dominance markers is close to be achieved and since April 2017 it has been working in favor of the alt market and there is no reason to expect something different this time. We expect Bitcoin to slow down its aggressive rise for the following 1 - 2 months while the Alt coins gain relatively. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
CRYPTOCAP:BTC.D
by InvestingScope
9
A Storm is brewin' - And I think we're all sick of winter storms I've read some commenters who feel we are in a channel and they've been profiting on it. I say kudos to you as this "channel" is most decidedly a converging triangle. BTC making some moves this week, where they lead to nobody knows yet, BUT, we will likely determine the lifeline of STORM in the next couple of weeks (maybe sooner) The two scenarios played out come to a head no later than February 27th for option one, and March 7th for option 2. You can see these dates by hovering over the chart and finding the very tip of the triangle. Follow the squeeze! Up or down? Death or rebirth? Drop me a like and a line!
S
by CRYPTOG00N2M00N