Altsareback
Total Market cap With Elliott wave Inverse H&S
1- Falling wedge alts market cap also Inverse H&S
2- $BTC dominance rejected from resistance and going for possible support.
If $BTC dominance not break channel
And also every altscoins
Double bottom position
Eve Adam bottom pop-up
Already some alts mooned from double bottom.
$SUB / BTC pair potentially looking for some gains. LONGSUB/BTC on Binance with some decent profit potential here. Testing a bullish order block, uptrend lines still intact. .5 Fib level sitting on the bullish block. Volume picking up as well. All of these signs-----> Bullish
But!! Every trade has risk, and there are clear potential signs that this trade could go south...
1.) BTC/USD has been crazy with the Bart simpson (lol) patterns the past few days, So a flash crash OR flash pump of BTC could send $Sub below the order blocks and strong supports, depending on how strong these hands are. Going below these supports would inherently defeat most of the bullish signs for this trade, so keep an eye on BTC when trading Alts. Remember: For the most part, alts will pump when BTC is relatively stagnant.
2.) EMA lines sitting a few sats above current price, so they may stop the trade from making big gains. Watch for breaks and retests of the EMA lines.
3.) General market sentiment. This does not mean that we will not see an increase in price, but that the likely hood of regular trades going to crazy % returns is getting smaller, due to the fact that many traders are looking simply for profits rather than alt-season type gains.
Personally am long, if you follow and profit hit me up! Want to hear back from all the pipo hear on TV. If this trade goes south and you call it, comment here why you thought it would go down. I want to see the point of view from some other traders, and I would love to chat about some TA with anyone who wants to bounce some ideas back and forth. Goodluck all and happy trading!
ETH/BTC pair, key chart for alt season. ETH/BTC charted on a log. market gained some confidence recently. i think the market will have a little more sideway movement showing accumulation and, boom, by Mid may i believe it will take off. MACD showing good signs also. End of Q2 should show promising results.
$ETH and many Alts showing signs of accumulation1. Volume increased
2. Capitulation volume signal
3. Breakout of descending grind
4. Retrace by 85% + to previous accumulation zone
This pattern is presenting itself over quite a few mid caps.
Usually it's a sign of accumulation and nearing the end of the bear grind market cycle segment.
However we could have a snap of current support on btc and a nosedive, nothing is certain in the markets.
AMP/BTC Market Cycle -> Possible launch padMarket cycles are a glorious thing, we experience the whole array of emotions as the price climbs, pumps, dips, falls, then crashes, only to rinse repeat down the road. With the expectation of March/April bringing new life back to Alts we're now able to see the alleged light at the end of the tunnel.
In terms of our friend AMP we can obviously see 2 highs, followed by a crash, with roughly the same time frame from peak to the beginning of a new cycle. If AMP is able to break the Fib cross diagonal and find support along said line, we should expect to see the cycle kick back up. A simple .618 retracement brings back .00024 and the entire 1.0 ATH retracement puts us over .0003.
Lot of upside and love seeing life come from the alts, lets keep watch and hope this doesn't end in a false breakout like NANO.
Happy Tuesday - March Madness is on the horizon LFG - Lamar Jackson will be QB1 out of this draft in 3 years.
DYOR - not advice
-Delgado-
XRPUSD next target 12$ - will take time, alts will be backJust for the record, to make sure you can get on the train in time.
If Fibonacci were here, he would add a few more levels to the target zones, but happy to settle with 12$
Not sure when, depends on BTC, we might even see lower levels than the current bottom,but the time will come when XRP flies again.. like all the other alts
ETH Possible Reversal, Altseason back soon? 100%+ possibleLast time we hit a period of 10 days being oversold on the RSI ETH climbed 300%+. We are getting close to 8 days of being oversold here and if we bounce back with an increasing RSI, we can see a bounce back from ETH similar to the one we saw back in December. Keep an eye out for 0.618 fib resistance being held or broken, if we break it lower we might have to wait a bit longer. This range is in my opinion a good range to enter ETH if this plays out as a fractal.
If you like the analysis and agree remember to leave a thumbs up, it's always appreciated.
Depending on volume coming in we might see 100%+ here
$STRAT Trading Idea & 2018 Price Projection for #Stratis2017 was a huge year for Stratis, establishing itself as one of the leading 'Blockchain Application Platforms' in the Crypto space.
After peaking in June, $STRAT fell victim to the downtrend that plagued the entire Altcoin market over the next few months. In early November Stratis began to gain some momentum, making $STRAT one of the first handful of tokens to buck the trend.
At this stage it has been confirmed that two ICO's will be launched on the Stratis platform in Q1 of 2018, and several other product developments have been shared with the public including a 'Stratis Identity App' to be released through the Apple App Store in the coming months.
With an already established brand name and community, additional ICO's and a positive news cycle will likely see Stratis ride the momentum of #AltSeason2018 to new record highs vs. $BTC.
For more information about Stratis:
stratisplatform.com
$KNC Trading Idea & 2018 Price Projection for #KyberNetworkFundamentally, the Kyber Network Project revolves around the formation of a Decentralised Exchange (DEX).
For those that aren't aware what this means:
(A) I highly recommend doing a bit of research into this topic.
(B) I believe 'Decentralised Exchanges' are going to be very successful at creating a "Buzz" in the Crypto Community, considering one of the main attractions Bitcoin is Decentralisation and yet the vast majority of the buying, selling and trading occurs in centralised exchanges.
* Note: Centralised exchanges create multiple problems, specifically the fact that tokens are held by the exchange which makes it a "Honey Pot" for hackers, as well as potential disasters relating to mismanagement and/or bad actors that have plagued the space in the past (i.e. Mt. Gox, Cryptsy & Mintpal).
The $KNC token entered the marketplace in late September, straight into the down-trend that the entire Altcoin market had experienced in Q4.
Fast forward to 2018, it is becoming clearer that #AltSeason is upon us, meaning the entire Crypto marketplace has pivoted, creating some fantastic investment opportunities in the Altcoin markets.
Make no mistake, once the platform is launched (Scheduled for Q1 2018) and people begin to shift their trading activities to this and other decentralised exchanges, the DEX space will change the game.
With that in mind, I believe the Kyber Network has the potential to garner a significant piece of this lucrative pie.
For more information on the Kyber Network project go to:
kyber.network
coinmarketcap.com
$LSK Trading Idea & 2018 Price Projection for #LiskFollowing the 3 month long down-trend in the Altcoin markets that began in mid-September, $LSK was one of the first Altcoins to bounce back towards previous all time high levels.
After spending two weeks in a 'Bullish Pennant' / Consolidation Pattern, Lisk broke-out to the upside today to once again challenge its long-term resistance trend line around all time high levels vs. $BTC.
My general thoughts on LISK are that it is currently a solid mid-cap project that has positioned itself very well in terms of becoming a longstanding fixture in the top 20.
For more information on LISK go to:
lisk.io
coinmarketcap.com
Trading Idea for CFI + Market Cycle & Trend Pivot AnalysisLaunched in July 2017, the $CFI token entered the marketplace during a very challenging period for Altcoins and had essentially spent the second half of 2017 in a down-trend.
With the recent "Awakening" in the Altcoin markets, today $CFI had finally broke out towards a new higher high and has confirmed a trend reversal. I expect the value of the $CFI to rise against $BTC over the coming weeks.
As a platform for new blockchain applications, one of the added fundamental benefits for $CFI is that new projects have been and are consistently being launched through their platform.
From an investment perspective, the fact that it sits outside of the Top-150 tokens in terms of overall Market Capitalisation means that there is a lot of upside potential.
For more information on CofoundIt:
cofound.it
ETC: Cup & HandleSo many alts are booming and yet BITTREX:ETCBTC has remained relatively quite. A cup & handle has formed on the 1HR and ETC is creeping up a very bullish trend line. Bollinger Bands are expanding and previous resistance has been broken. If this alt rally turns into a run similar to the one we saw in the summer of alts, ETC will start turning heads.
Possible Blackcoin Redemption (BLK/BTC)Watch the volume on BLK, if it starts to move up on the Polo list or on forward on the bittrex pages i think this one could really move. Here is my reasoning:
A. It is a long time innovator and used to have a huge community following (blackcoin devs invented proof of stake).
B. Its btc price is close to ATL's right now and its usd price is climbing towards previous highs this summer ($0.70ish, currently $0.38).
C. It is listed on Bittrex and Poloniex, altcoin exchanges that are US based and generally trusted by the alt trading community.
If this breaks the 2500 mark, it should be a quick trip to 4500. If these levels hold, look to 7000.
These are just some thoughts not investment advice. Good luck trading.
Banking on Bancor: The Trend ReversalAdmittedly, when I previously published a Bancor chart on Sept 1, I got a little ahead of things. I have since been watching it since and it appears the previous capitulation spikes to 50,000 sats may have found the bottom. It has yet to break and appears the downtrend it has been in for the last couple months may have just broken. I am going to go out on a limb here and say we will probably ride out sideways for a bit in the 65,000 to 55,000 range before retesting 75,000 and hopefully push much higher. It is important to keep in mind the amount of money that was invested into this ICO project ($153M). The smart money has held onto their tokens and it wouldnt be surprising if they have been buying the whole way down with the intentions of pumping at the first sign of positive news. Let me know what you think in the comments below. Obv. not investment advice but it will be interesting to see how this plays out. Cheers and good luck trading!
The 3rd Time is a Charm for SCBTCOf all the altcoins/blockchain projects out there, it seems that few are solving a real use case beyond creating a new digital money. Sia seems to have found a real use case for blockchain tech using it as an incentivized encrypted cloud storage system.
Looking at the chart, there seems to be a couple patterns that develop just prior to big price moves. The green square is usually an initial sharp pump in price, followed by the blue square with more of a gradual rise and fall like a hill. It looks as though this could be forming again. The idea looks like it will need another month or so before the blue square pattern is confirmed, but if it is, the third wave should be imminent. In the mean time, it looks like a good accumulation zone is between 175 and 135 sats based on historic resistance/support. Put comments and criticisms in below and DYOR as always.
Thanks!
Syscoin: Under the Radar and Extremely UndervaluedSyscoin is one of the few coins that actually have a use case. Not only are these guys working on decentralized market places, but they will have fiat on ramps and other features such as anon in the works.
Currently, Syscoin has a market cap of ~70million, but has extremely professional development. The devs have had a constant stream of no-hype features released and have been working on the project for a long time.
Technically, the only blockchain based competition would be Particle (used to be shadow). They really compete with open bazaar or ebay.
You can read more about the project here:
syscoin.org
coinmarketcap.com
www.reddit.com
medium.com
bitcointalk.org
bitcointalk.org
Now let's talk about the technicals:
Syscoin has double bottomed / is displaying bullish divergence after a nice corrective wave to old ath levels. I expect great things from syscoin and strongly believe that this is a good entry point to the market.
Target? 500 million cap, at least.
20x ROI with Florincoin / Alexandria, The Decentralized Library!Florincoin is a relatively unknown coin that is on poloniex. It currently has ~7million dollar market capitalization and low volume / liquidity. This means it will move quickly when it does.
The development team has said that they will release "Alexandria" very soon in an announcement today. I expect this to significantly drive the price upwards as more people find out.
twitter.com
From a technical perspective, the price is in OTE zone. There has been significant blood and there are major bagholders who will not sell until the top. The time to buy is NOW.
Double bottom / bull div on support. Let's go.
Break that wall!What do you think? Will it break that wall? Soon it will i think. U know whats happens then.... MOOON