Get started

ALTS

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
Is a Technical Breakout Unfolding? 💥🚀 Following Bitcoin and Ethereum's market moves, which I've discussed in previous updates, it's time to turn our attention to Altcoins. Historically, Altcoins tend to flourish once Bitcoin has had its rally. This dynamic allows Bitcoin holders to potentially reap profits and diversify into Altcoins. The retail market's focus has notably shifted towards Altcoins, and the institutional interest seems to be following, albeit at a cautious pace, still primarily focused on acquiring Bitcoin and, to a lesser extent, Ethereum. Looking at the chart from January 30, 2023, titled "Altcoin Season Beckons: A Technical Breakout Unfolds," we see a potential technical breakout that might propel the Altcoin market towards a whopping $725 billion, and possibly further to $938 billion. The chart illustrates significant price movements and strategic entries, marking promising investment junctures. As of now, my favored picks within the Altcoin space lean heavily towards those involved with artificial intelligence technologies. While meme coins offer some speculative opportunities, my approach focuses on more fundamentally driven assets. For those keen on exploring the Altcoin market, now might be an auspicious time to consider your options. The market shows potential for significant growth, offering an exciting opportunity for those looking to diversify their crypto portfolio. Remember, always do your due diligence and consider your financial goals and risk tolerance when making investment decisions. ps. someone sent me this yesterday: When i saw it I felt like it could be a good day to look for new Long entries One Love, The FXPROFESSOR 💙
CRYPTOCAP:TOTAL3Long
by FX_Professor
RNDR : BULLISH, Despite the Dip - Here's Why👇COINBASE:RENDERUSD A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern. Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the pattern. From a technical chart analysis perspective; if you trade chart patterns you should be able to successfully take a long on the support zone. All considering, this will be a medium-risk trade: Another confirmation from technical indicator, the green trendline is a potential wick zone (price on the right pane): Falling perfectly in the center: _______________________________
COINBASE:RENDERUSDLong
by CryptoCheck-
WHEN to BUY CRONOS - Using BTC.D 🔁BITTREX:CROUSDT As seen from the CROUSDT chart, the Bitcoin Dominance Chart reveals many secrets when overlayed onto your altcoin chart. They key reason for this being the constant rotation of money in and out of Bitcoin, and into and out of altcoins. If you're looking for a more detailed explanation on when to buy altcoins, check out yesterday's update here: From the chart we can clearly see that Cronos has bottomed out, but is struggling to regain bullish momentum. As we overlay the BTC.D chart (yellow) we can see there is a negative correlation between the two - When BTC.D drops, CRO increases. And when BTC.D increases, CRO drops. This will hold true not only for CRO , but for other smaller market cap altcoins as well. This concludes that NOW is an excellent zone to buy Cronos, as the price is yet again in accumulation zone. An increase can be expected as soon as we see a dip in Bitcoin Dominance. ______________________ CRYPTOCAP:BTC.D
Long
by CryptoCheck-
1
We are in the Fat Candle Support zoneUsing the new volume candles from TradingView which are absolutely amazing. We can state some simple facts. We are currently in a zone where previously, fat candles have formed at this zone. I am expecting another fat candle, hopefully to the upside out of this zone. HOWEVER! I will play to the downside as well. This is a tightening range, and a breakout is coming, but it could very well be to the downside. Use stops! we've seen several breakouts fail recently as well, so move those stops up and lock in profit if you can when we get a move.
Long
by VaulTradeous
ALT SEASON can start as early as next week and this is why.We frequently look at the altcoin market and very often look for clues on its dominance and market cap. A historic comparison of alts with Bitcoin's (BTCUSD) Cycles shows that alts bottom after Bitcoin, a lag which is natural considering that BTC is the market leader. Similarly it is possible for alts to rally when Bitcoin is correcting or consolidating. Using Bitcoin's Halvings as a measure to separate pre and post-Halving phases, we can see that in the past two Cycles, alts have made a dump within the green zone following Bitcoin's Halving. On this Cycle however, we see that very same dump having started since late December 2023, while Bitcoin rallied aggressively, which is in our opinion attributed to the ETF anticipation and then launch in January 2024. It is therefore very probable that this was the alt market's 'post-Halving dump'. In any case, Alts have reached the bottom of their usual Bullish Megaphone that is historically formed when they bottom. It is therefore very probable to see the new Alt Season, which is when alts rally parabolically and naturally more aggressively than Bitcoin, starting as early as next week. What do you think? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
10
Green Arrow. Red Arrow. Which Will It Be?As I see it we now have two more likely options regarding price trajectory for Bitcoin. Let's first review what has occurred in the past few days. After 9 hits on our multi-year support, we finally broke WITH confirmation. That last part was important. I had stated that if we break and confirm, our first target down would become that first purple ascending trend line. Nailed it! Couldn't have been more precise. Yesterday, I then stated we should bounce and hit our heads on that 59.3k level. Boom. Done. Now, as I see it, Bitcoin has two most probable options to follow in terms of price. These options are represented by the green arrow and the red arrow. If we break back above that 59.3k level, the green arrow is in play and we'll likely travel sideways for a couple of weeks/months. This will be very boring for Bitcoin trades but it could indicate some relief for altcoins. At that point, I would expect quite a few of the best to spring to life and start pumping again. The red arrow is our other option, and honestly, this is currently the direction I am leaning toward until DXY, VIX, GLD, SPY, and NVDA tell me something different. DXY, VIX, and GLD continuing upwards would push stocks and SPY/NVDA down. BTC would likely follow. And though ALTS remains relatively stable at the moment, a move like this could bury some of the more risky. Keep those stops in place as it could get ugly. Thus far, my thesis on ALTS stands correct and our double-bottom has held and is holding for many. But, if that support breaks, ALTS would be in trouble. As always, I'll keep you up to date on the altcoin charts (often via the weekend update) here as well. Also, for my paid subscribers, know that we hit our level down and I have bought more of our best-performing altcoin. Check the trade tracker below to see the details.
INDEX:BTCUSDShort
by stewdamus
PEPE - DOWNTREND, another DUMP coming 📢📢 PEPE-USDT📢 PEPE has seen an amazing bull cycle, increasing 800% parabolically over a few week. It's safe to say that just from this fact, a bear market is up next and we can already see the sins of an early bear market starting. Our highly accurate technical indicator is showing that the bullish phase is long over, flashing a "SELL" signal a few candles back: When we start to trade UNDER the green trendline, the price turns bearish and the trendline will now become red. For now, at least, it seems as though altseason may be over. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:PEPEUSDT
Short
by CryptoCheck-
4