USDT Dominance - When will the ALTseason begin?🌏 A new week, a new month, a new quarter, and even a new half-year start today, what a sacred day - Monday, July 01, 2024!)
And if you look at and believe the USDT Dominance chart, then in the coming days the vector of the crypto market by the end of 2024 may be decided.
1️⃣ Fix above 5.15% will mean the possibility of an increase to 6.30%-6.50%.
And for the altcoins, most of which are already lying below the floor, this could be natural selection and a death sentence.
2️⃣ Move of the USDT.D index towards 4.50% and below can give an alt-season - which many are waiting for, but few believe in it :)
Below the idea, vote on where you think the USDT.D will move in the near future.
And in the comments, write down the alt pairs you are interested in, and we will make new ideas for some of them
Altseason
150x Potential on Tokenfi's TOKEN [LONG]Hello Traders,
RWA AKA tokenizing "Real world assets" will be one of the next major breakthroughs in the fintech industry. From the team at FLOKI Coin they've created Tokenfi's TOKEN cryptocurrency which handles all the payments for tokenizing assets on all of the major blockchains. In the last couple of months the team completed thorough updates to bring tokenization of real world assets to every major blockchain. In one regard you can create your own cryptocurrency with a click of a button. As well as NFT projects. You can tokenize just about anything and with thorough and complete updates in the coming releases they are always adding quality over quantity to their code. This project is a first of its kind. People in the fintech industry have been talking about tokenizing real world assets for a couple of years now. The team at FLOKI and Tokenfi are the first to make this a possibility. Just a few months ago it was only for three block chains. Now they have almost every major blockchain. This is a sign of amazing things to come with future updates.
As we look at the PMARP indicator on the daily chart we can see projections almost like the RSI where it is at an oversold time. This is already bringing in big investment money as you can see from the chart. I remember when TOKEN first started and I told you to invest at two cents. It already hit 22 cents from there. It went down to 5.8 cents and then back up to 17 cents. This correlates with Bitcoin. When Bitcoin goes up like it will by the end of the summer or sooner we will see TOKEN go up in a major way. Just take a look at the chart. At every moment when you see it is oversold on the PMARP indicator or the RSI indicator you can see that it made amazing gains! With a 78 million dollar market cap heading into a 3 billion dollar a year NEW industry the price of token could easily hit 50 cents, $1 even $2 and so on. So make sure to set aside investment for TOKEN cryptocurrency and remember to shout me out for who told you first.
Love
Rocket
Token name from you, Analysis with me(6/29/2024)Hi everyone; I hope you have a great weekend.
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Wen altseason?Sure, here's a clearer and more polished version of your text:
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The question on everyone's mind, especially after the recent bloodbath across altcoins, is:
Could prices go lower, or is this the bottom?
While anything is still possible, this chart offers some interesting insights.
This is the TOTAL3 chart, which excludes BTC and ETH, and also removes stablecoins USDT and USDC, valuing the basis in BTC. From my perspective, it's the best way to track when we have reached the bottom.
Lows Run = Pain delivered
The main objective has been hit recently. Now, I am observing to see if a trending environment starts to build over the next few weeks.
Confirmation
If we see new highs relative to the local price action before the lows were taken out, I would be more confident in saying that we are in an altseason.
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ETH/BTC ratio signalizes 'Alt Season' soonMany see this ETH/BTC price ratio as the ignition for the Alt Season
Price is flerting with a long multi-year resistence, since 2021! A strong break out here will signal the so waited Alt Season, but first there must be a retest of the lowest purple line, the Beam Band bottom line
Also here, we are still waiting for a local bottom blue tag from Hodlfire indicator
As another indicator to watch is the bottom panel indicator, the Detornator C, as it is still red, almost crossing the zero line
So... 3 points of confirmation of Alt Season:
1- Retest of bottom Beam Band line
2- Hodlfire buy tag
3- Detonator C above zero line
What is interesting here, is that the upper Beam Band coincides with the target of the Cup & Handle formation when ETH/BTC price will reach a staggering 0.735 ETH for each BTC! If this ratio would be today, ETH price would be 45k!
Time will tell!
SOL IS GOING TO CRASH THE MARKET PART 2MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
I posted about SOL crashing the market before it crashed when FTX collapsed , check back on my previous trading view videos
This is potentially forming the same pattern that crashed BTC back into COVID crash . So be on alert
COMP Key Support Levels and Potential Bull Run Targets for 2025COMPUSD is currently demonstrating strong support at the $43 level, presenting a promising opportunity for significant gains. If this support holds, it sets the stage for a robust upward movement. However, if the $43 support level is breached, the next critical support is $32. There is an 80% probability of a bounce from this level, especially with the alt season approaching rapidly. Historical trends indicate that the alt season will likely culminate by November or December 2025.
The potential targets for COMPUSD during the anticipated bull run are impressive. Based on historical data, the minimum target stands at $1,730 to 2000$. Should COMPUSD break through this resistance by February or March 2025, we could see a maximum target of $3,000. It is crucial to remember that the alt season is expected to end in November or December 2025, and it is advisable to exit the market in November 2025.
For more detailed analysis and regular updates, follow us on TradingView to stay ahead with our latest trading ideas.
Matic Coin Analysis: Potential Gains of 13x, During Alt SeasonMatic coin currently holds a strong support level between $0.48 and $0.49. This level presents a promising opportunity for significant gains as we enter the altcoin season. Historical data suggests that if this support holds, Matic could potentially reach a minimum target of $3.415, offering an impressive gain.
However, if the $0.48 to $0.49 support level is breaking, the next major support can be found between $0.29 and $0.31. This level is crucial for Matic's long-term stability.
During a bullish alt season, Matic has the potential to soar even higher. Based on historical trends, the maximum target could reach up to $6.47, representing an extraordinary return of nearly 13x from the current support level.
For more detailed analysis and updates, follow us on TradingView to stay informed about our latest trading ideas. Don't miss out on potential opportunities in the crypto market!
Golden Cross Re-test - Brief / Strong AltseasonAlternative idea for Bitcoin Dominance.
Small rising wedge breakdown on the weekly that began forming at the start of a Golden Cross of the weekly 20/100 and 50/200 MAs (and EMAs, not pictured)
Often after golden crosses, before the real bull run there is a strong re-test.
A re-test of the 100 and 200 weekly MA over the next month or so would target the exact same TP 2 as the rising wedge breakdown, around 49%.
49% also sits at the wick high of weekly support.
I see the possibility of a sharp drop down to ~49%, and if that level holds, a sharp rise up.
This could mean altseason is right around the corner, but could also mean it gets cut short around end of July or in the fall.
For a a different outlook considering a longer altseason and a sharper drop in dominance, see this other related idea:
For a short-term bearish then bullish outlook on Bitcoin Dominacne, see here:
What's Next For Bitcoin And Altcoins?Altcoins Bouncing, RSI About To Reverse & Why You Should Be Bullish 🚀
I hope you watched yesterday's market as excited as I did. Bitcoin broke a significant resistance and closed below 60k (today, it is already back above).
But there was an exciting aspect to watch: Despite the heavy dip, many altcoins dipped only moderately or were up!
As a result, the crypto market RSI stopped its long-term decline and didn't go lower.
The question is, what's next? Here's my scenario:
Bitcoin 📉
I am not a doom prophet, and I don't think Bitcoin will go much lower from here. Indeed, there might be another dip, but nothing substantial. Two other options are more likely, IMHO: a) Bitcoin goes sideways and hovers between 60-65k, or b) Bitcoin starts climbing and breaks the ATH.
Altcoins 🆙
We will see a more substantial relief rally for many altcoins now. Yesterday's performance was so strong that it showed we might have seen Bitcoin dominance at the top for this part of the cycle. From this point on, money should flow into the altcoins market.
How to trade 💹
Watch the coins that performed best yesterday (and today). BIST:LINK MIL:OCEAN , SEED_DONKEYDAN_MARKET_CAP:JASMY , SEED_DONKEYDAN_MARKET_CAP:FLOKI are just a few examples. Usually, the tokens that perform well on days like yesterday are the ones that deliver the best results.
Bitcoin Hidden Bullish Divergence Post Halving: Hold or BuyThe Bitcoin halvening puts the price action of bitcoin on a four year cycle that so far has resulted in a higher high each cycle. Until that changes the best money to be made is by incorporation that periodicity into your trading plan and figuring out when to buy, sell, and hold.
In a bull market you are suppose to "buy the dip, and sell the rip." But not all dips are equal, a nd one thing that sets dips apart is divergence.
Divergence Primer
Normal Divergence (Trend Reversal)
Bearish: Higher highs on price action but lower highs on the indicator
Bullish: Lower lows on price action but higher lows on the indicator
Hidden (Trend Continuation)
Bearish: Lower high on the price action and higher highs on the indicator
Bullish: Higher low on the price action and a lower low on the indicator
We clearly see that we have some hidden bullish divergence. We can also clearly see that the RSI is "oversold" just 65 days after the bitcoin halvening. Historically this is a great time to buy.
A look at the 2016-2017 bull market shows buying hidden bullish divergence and/or when the RSI got to over-sold on the daily chart was a outstandingly simple but profitable time to put in some buys. Those price levels were NEVER reached again on a retrace.
Without exaggeration and irony after this pull back bitcoin may never return to this price again, give or take a day or so for a base to be put in. At this point, the only reason I can see to sell bitcoin is to buy alts that look good or because you have some bills that you must needs pay to remain solvent. But of course, I am not a financial advisor and even if I was, I am not your financial advisor.
My best call in a long time has been my FTM trade. FTMBTC recently itself just had the RSI go to over-sold and it looks like price action is turning previous wedge resistance into support. I have currently moved up the risk curve and am in a small cap coin that is out of the top 100 in market cap. So far its been painful but in the long run I think the rotation will pay off.
Bitcoin Dominance shows Alt Season has begun!Bitcoin Dominance has broken down from wedge on CRYPTOCAP:BTC.D and it is retesting the ceiling resistance for 10 days streak now
Next important levels are the 52% multimonth support and 47% multiyear support, this last the first target of this wedge
On the bellow pannel, we have the Detonator C (c) indicator that keep sinalling this exaustion on the dominance with those last two big red dots after 2 red divergence waves
#ALTSEASON is knocking the door! Are you prepared??#BTC Dominance: The Moment We've Been Waiting For.
The true alt season begins when ALT/BTC pairs start displaying strength, and I believe we're already seeing signs in several altcoins. I'll be sharing more details soon.
The liquidity exiting the market is poised to flow into solid altcoins.
You have to be patient, No FOMO!
Follow me if you don't yet, and hit the like button if you find my insights helpful.
When I start entering the altcoins, you'll be first to know! Be patient.
Stay strong folks.
#Crypto
Do hit the like button if you like it and share your views In the comment section.
THANK YOU
#PEACE
VET - Falling wedge - Waiting on Breakout#VET/USDT #Analysis
Description
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+ VET has formed a clear wedge pattern, and a breakout seems imminent.
+ If the price breaks out from this falling wedge pattern, we can expect a significant price increase.
+ I'll enter a trade after the breakout occurs.
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VectorAlgo Trade Details
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Entry Price: 0.03653
Stop Loss: 0.02987
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Target 1: 0.03959
Target 2: 0.04374
Target 3: 0.04893
Target 4: 0.05911
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
AltCoin - Bullish potentialThis is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions."
There is a higher probability for the AltCoin market to rise rather than fall. Currently, it is facing a resistance level, which, while not major, is significant due to the presence of a trendline. This trendline indicates potential market behavior and suggests a likely direction for future movements.
ALTCOIN BULLRUN UPDATE | IS BULLMARKET OVER OR NOT YET STARTED?What if I say the bull run hasn't started yet? It was just a Bitcoin run. Altcoin bull run (2024-25) will start very soon!
Retail is now panicked because they think bull market is over! Market will only continue to go down. That's what they think before the real bull run starts.
ETH is the king of ALT coins. Both the 2016-17 & 2020-21 ALT bull run started right after ETH (btc-pair) bottom and BTC-DOM top was made.
Bull run is not over! Check the chart, It hasn't started yet. The great altcoin bullrun (2024-25) is still to come🌚