ALTPERP what would you say, huh?Last several months were brutal already, making us a bit sceptic about further lows as how long can this go ?!
But also a big chunk of the market is really focused on catching really low prices, accepting the way we are going. That would be too easy. Here we landed on great support and we are close to the top of the descending channel. It looks like a breakout to the upside could be possible, having in mind RSI got totally oversold - and we could have a small run up to retest a strong resistance, before retesting the bottom of the bear market.
Stay safe.
ALTS
TRX - Bullish Setup in a Bearish MarketHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, a quick video on TRON / TRXUSDT with a potential long setup with a low risk and high reward. This trade is based on the fundamentals of buy the support zone and sell the resistance zone. We also take a quick look at the volume to back up this potential trade.
While you're here ! Check out this weekly outlook on BTC 👀
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow
We thank you for your support !
CryptoCheck
More downward movement for BTC ?Market seems falling part , things can change in an instance , keeping this in mind the current structure shows it wants to go lower.
Now removing the bias and inverting the chart you can notice like in an up trending market , that this is the 5th time BTC is tapping the $18,500 support level . Which in the case we lose the support the next three levels I will be looking at are the following :
$17,500
$16,000
$12,500
Expect 12-20% lower from here on TOTAL2 before potential supportUpdated my TOTAL2 macro chart - I called the timing/level of the market rally in my first version based on TA.
Reviving this chart because once again, blood is in the water. I'm not predicting it will catch support and rally again at the exact same level;
I'm merely reminding you that this is the next significant level of POTENTIAL support, and there's still a 12-20% drop before we get there.
Careful out there, and keep stops in place. With FOMC in a few days, clearly this will be a volatile week.
Happy Trades,
CD
Altcoins Blood Bath Coming ..? ( Bitcoin Dominance Bullish )#Bitcoin Dominance Chart Analysis:-
#BTC Dominance currently trading at 40.87%
Last Post I told You 40% will be Reversal and same Happened.
Now I am bearish on Altcoins.
We can see Bitcoin Dominance 50% in few weeks.
And BTC pairs more down from this level.
I personally Expecting 30-50% more down Altcoins from here.
BTC Dominance is inverse Proportional to Altcoins. ( BTC pairs )
Resistance:- 50% / 58% / 66%
Support:- 39%
ENSUSDT 💎GEM💎 Parabolic Potential !Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, another undervalued crypto with great potential that is currently trading in consolidation and looking ready for a breakout - ENSUSDT.
ENS is a Blockchain domain naming protocol built specifically for the Ethereum Blockchain. Using it allows customers to create human-friendly and readable usernames for their Ethereum-based crypto wallet, and decentralized websites and apps. A first of its kind and simply put, ENS is a decentralized, open-source and permissible naming system running on Ethereum smart contracts. This is another gem in the rough that I believe may have parabolic potential during the next bull cycle.
It is my belief that this time of the season / cycle is the best time to accumulate and look for new opportunities in the market. If you're interested in the TOP altcoins I'm watching, check out this idea 👀
Have a great weekend 🥂
_________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow
We thank you for your support !
CryptoCheck
BITCOIN CHART- All Levels and ScenariosHi everyone,
Market is (as always) volatile and unpredictable until it becomes predictable.
This is a chart with all BTC levels i would like you to know. Levels I would trade either long or short once they appear.
For the moment I am hedged in a big degree, with Long vs Short on SP500 vs DAX in indices and ATOM-EOS-ETH-AAVE vs GMT/ENJIN/ APE on alts.
Will post some more charts today for all of you as the market is unclear but charts are always there to help with entries. No harm to mix and hedge, im think it's the best idea under the circumstances and the changing market conditions atm.
One Love,
the FXPROFESSOR
ETHUSDT - WATCH OUT, Bearish Pattern ❗Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I'd like to point your attention to a bearish pattern forming on the 1D timeframe on Ethereum , a Head and Shoulders pattern is busy forming the final right shoulder. It's always tricky to say exactly where the pattern will correct to, but it is usually close to the zone where the pattern start's. This would give us a target between $1100 - $1200. A break above the head would invalidate this pattern ($2000). NOTE that this pattern may take some time to play out, since the last shoulder is still forming.
To consider a bullish reversal, we'll need to see a reliable bottom pattern form on a higher timeframe:
If you're interested in additional ways to make money with Crypto, check out this idea:
If you're interested in what affect the Russia-Ukraine war might have on the Euro in the coming winter months, and how this relates to Bitcoin, check out this idea:
Thank you for watching, tune in again tomorrow !
_________________
👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎
👍Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
BTC.d -100 Breakout Mini ALTs SeasonBTC.d-100, the inverse of BTC.d, is at resistance of a bull flag and about to breakout. Breakout of the range will make BTC lose 20% of total market cap, in what can only be a mini ALTS season.
If it doesn't breakout then the other scenario is a strengthening in BTC's share of the market maybe by collapse of the total market with traders selling their ALTs for BTC.
#HEDRON Head and shoulders target met! UP 34X Incredible action in this bear market.
I expect some sort of pullback as it is also the 0.786 Fib retracement level
Congratulations to those followers who caught any part of this run...
Is it over?
for now maybe, as some rest is likely before a challenge and break of new all time highs
Much like #NFT's have a floor price
I believe Hedron has an underlying roof price linked to the #HEX price ... which will act as a magnet (and also barrier)
Roughly linked to the amount of value one is able to extract making an encapuslated HEX stake on this platform. And minting the entirety of the hEdron upfront (Advance Mint Rewards function)
There is some divergence on the momentum... which has been astounding btw, nothing short of a MOONSHOT,
and the way it has been riding the bollinger bands was almost textbook perfect
As mentioned in previous videos , Hedron is a long term keeper with great product market fit in the #defi ecosphere, and will surpass the 1 Billion dollar market --- when? to be determined .
The current market cap is $311M and ranked #122 on nomics ... and yet ignored by the wider #crypto community
Another reason why investing in and around HEX is laden with so many opportunities ... rather than being sold overhyped pump and dumps by influencers.
LINK Analysis 📊 2/9/2022Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
Monitoring LINK/USDT at our 2Hr Whale Block zone.
- Whale Block is unmitigated
- Whale Block broke structure
- We have an imbalance to be filled prior to our supply mitigation
- Inducement are being created in the form of EQHs
- Trading inside our FIB Golden Pocket (discount pricing)
- Looking for price to purge sell side liquidity
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
Bitcoin - Bullish Divergence ScenarioThis would be great if we got it, plain and simple. Lower low in price with RSI making a Higher low - confirming a bottom.
RSI has reached its lowest point across multiple exchanges and timeframes, the time is coming soon for a bottom IMO.
Just a potential scenario & observation, nothing more.
LRCUSDT Loopring - CRAZY?? +1000% Potential*Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Another altcoin that I am bullish on for the near future, is Loopring LRCUSDT. This microcap is trading at 1000% under it's ATH, and considering the fact that we are evidently trading in the accumulation phase, between now and perhaps a little lower would make for some great distributed entry points.
Want to know a little more on how to do distributed entry's / dollar-cost-average? See HERE:
*Before you leave a comment, please make sure to watch the video all the way to the end, as there are some "t's and c's" mentioned about the upside potential.
I hope you enjoyed this post today! Please give us a thumbs up 👌
_________________
👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎
👍Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
ADA Analysis 📊 30/8/2022Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
We have overall strong bearish order flow, buy side liquidity was purged during the FED NEWS manipulation.
We have liquidity highs as inducement and strong imbalance right below supply.
Monitoring for LTF entries inside the zone
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
Take two on GMT/USDT ShortWhats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
Take two on our GMT Short here, we missed our previous limit order by 0.19% which the market then melted as we expected. This price movement has created a new swing low and another build up of sell side liquidity.
We still have the large imbalance to be filled to the downside on the higher timeframe and will be looking to hold this trade down to the Lowest Whale Block.
I am predicting we will sweep the liquidity above around the time New York Session Opens hopefully grabbing both our orders and mitigating our Whale Blocks.
Watch for a retail trap on the bearish trend line as breakout traders will buy the break of trend and support and resistance traders will sell the resistance, both parties could be purged.
Horizontal zones and Whale Blocks are much more reliable that Retail Trend lines
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
Fast Drop incoming
I am going to present some fundamental factors updates to understand my bearish ideas.
Updates:
USD looking bullish yet again!
UK true inflation reports to be higher than expected inflation. General worries about Uk Inflation to jump to 18%
www.bbc.co.uk
Further war escalation:
- Russia urging public to fight
- NATO expansion
- US & Taiwan conflicts
For Alt traders:
XLM/USDT Alts looking primed for an intraday Long Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
#XLM has pulled back into our 1Hr Whale Block here and we will monitor for a trade entry with confirmations.
A lot of the Alts are falling into this same setup so be manage your risk management, only ever have 5% of your portfolio active at any one time, especially with correlated Alts trades.
I will be looking for a 15Min/5Min RSI Divergence along with a potential VSA Divergence.
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
Bitcoin last statusBitcoin is struggling to remove a crucial bearish trend (the orange one) if it succeeds, seeing the higher targets (the blues) makes sense.
if it fails to break up and stabilize itself there, it might end up a strong rejection and breaking down the strong green support zone. in this case, we could expect to see the bearish targets (the red ones).