When to buy AltsBTC has been in a tight range with minimal volatility.
Bearish trend continues for the second half of the year
Bullish trend continues for the month of July
Bullish short term push above $9,300 was good to see.
To get a better look overlay the BTC Dom chart over this and you can clearly see when the alts run.
These were the best times this month for more exposure to alts and when to take profits.
Let the market breath. Ride with it. Buy the Dips.
Altseason2020
Long-Term CELR TradeIntroduction
Date: 01/07/20
Time: 11:00 AEST
Topic: Yearly-Term Trade - Bullish - CELR
Forecast: A drop down to about 35ish sats where some Daily & Weekly Support has been found, before reversing and gearing up for another run
Summary
I see a yearly trade on CELR appearing with numerous software which I utilise bringing it to my attention. With some basic TA, I do see having a real go in the future.
Firstly, abit of background on the coin. ‘Celer Network (CELR) is a leading layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. It enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics’.
Ever since its release in March 2019, CELR had been (like most alts) on a massive downtrend, going from about 615sats all the way down to a bottom of 21sats. On the way down it did stop numerous times, creating weekly zones of support. Having found a bottom at 21sats it ranged between 21 and 26sats for a period of 2months before breaking out and going on a run back up to 50sats. Since early April, volume has been steadily increasing supporting the breakout and is now slowly tapering off.
I can see a possible inverse head-and-shoulders playing out, with the neckline being around 44sats. Combine this with Fibonacci (I took the bodies of the candles) of the small breakout we had (21 – 44), we have the 61.8 retracement being at 35sats. This coincides with the peak of the left shoulder. With volume on the decline and it is retracing, I believe it could complete the inverse head-and-shoulders furthermore pointing to a 35ish sat entry.
About Me:
Starting off as a typical retail investor, I entered the trading space in 2017 and proceeded to buy bitcoin as it was going up thinking the moon was the limit. Safe to say I was wrong and learnt very quickly that 'What goes up, must also come down at some point'. Since then I did a proper trading course where I learnt the art of Technical Analysis and have never looked back. Increasing my knowledge from reading a tonne of books, listening to podcasts as well as reading and researching other traders has really benefited my trading skills and style. I am a now a full-time cryptotrader at one of the first firms specialising in cryptocurrencies. I am also a coach, teach and mentor to other like-minded individuals who want to succeed within the trading space. If you want to learn more about TA, trading and be financially independent, then let me know and I will help you get there!
Financial Disclaimer:
I am not a registered broker/analyst/investment adviser. The information contained within this post is general/educational information only, not financial advice and should not be treated as such. Trading and investing in Forex, Stocks, Commodities and Cryptocurrencies involves high risk, and is not recommended if you are not a trained investor, who has conducted proper research and training. Viewers are responsible for how they use this information and I am not responsible for any losses incurred as a result of the information provided. Please consider carefully whether trading is suitable for you, given your current circumstances, financial situation and knowledge.
BINANCE:CELRBTC
Outflow model always works, supply/demand is key.Since when I published that the Outflow model was in the lowest points BTC started to move up proving my point.
Even though the graph was looking bearish we always have to keep an eye on the fundamentals.
I am selling around 9900, if we consolidate the break of the triangle I´ll be back at it, if not I´ll buy again at the support.
Have a good one guys! And always share your thoughts!
Monero - On the Daily Requested by: tim_1180
Here I have made a channel between the two blue line that show major support. and resistance. Currently we are hitting that resistance at 71.00 usd area. Depending on what Bitcoin does this week will determine the usd vale in this asset. I can not give financial advice, but I can show you the way. I lack the fundamental knowledge of this asset, that is where you come in with your own research. That that information as a variable and add it to this equation of possibilities.
APPC/BTC Long-Term Bullish APPCBTC is ready for Altcoin Season!
Accumulate this coin in zone 375sats - 330sats.
you can buy small position right now.
HODL and Good Luck :)
Overview the Bitcoin DominanceFor long-term. We see a Bitcoin Dominance so bearish, so it's that mean that Bitcoin is so quiet and many altcoins going to wake up.
So, overview in Daily is so bearish for the Bitcoin dominance and some altcoind could be benefited of it. So Bitcon dominance al teast could be to drop in the 60%, also remember that theory, the Bitcoin domnance is recovery soon, what mean that, if Bitcoin continue their dominance Bitcoin is dominate all altcoins independent what Bitcoin do, but the possibility that Bitcoin continue up is 60% than making a bearish dominance, but this indicator is leading because as we are in the correction of Elliot Wave # 4, so it's imprensindible for me that we continue up, but as Bitcoin dominance is consolidated a down little as little, many altcoins could be benefited.
Now the situation in Daily tiemframe is bearish, because we are in formation of Butterflhy Bullish!!! But, I will entry in short as Bitcoin continue in this descedent channel.
Is BTC is ready to recover some market cap?Hello, traders.
The question is simple, is BTC ready to recover some market cap? The answer is not so simple. The altcoins are rising sharply in the past few days causing bitcoin to lose dominance. Due to factors such as bitcoin are linked to American markets that are quite susceptible to bad news, this stability has made altcoins gain strength to gain dominance.
But now we can be tired from the downward movement, with the RSI showing a bullish divergence.
I hope the price will reverse its trend in this region, possibly with the test at the important support level.
That could indicate an end to the upward trend in altcoins.
Push the like button and follow us on Tradingview.
#qtum #mainnet 28 August offline #staking %100 Pump SimpleIf bitcoin can remain stable, a V pattern will occur.
This takes us to the moon.
#mainnet 28 August
#hardfork 28 August
#offlinestaking 28 August
Now is the Full Purchase Time. Next Month you sell with 2x. twitter.com d32bfp67k1q0s7.cloudfront.net
BTC Up to $9550 - ALTCOIN SEASON IS STARTING NOWWWWWWWWW BTC domination is going to 60-62%, while bitcoin grow up to 9550. Further update will be posted in my tradingview personal page.
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FTT is one of the predicted most profitable pair in this season, see the chart below for the short term target with 50%
UTK Breaking 2 year trend line..? 🚀UTK looking really bullish here! Breaking out of a trend from 2018 this could be massive!!! 1k sats by the end of the month is my guess!
LONG When to jump on the NIMIQ TRAIN, here are the options!Nimiq has recently seemed to perform well when both BTC is up and down. What is the step? Here are my recommendations to follow.
1. If BTC rises and Nimiq breaks through the flag formation buy more.
2. If Nimiq is due for a correction, wait until the next bottom to buy in again.
I mostly think about two things these days, when will Nimiq enter a top100 market cap coin ? what will happen when nimiq rolls out staking?
Bitcoin On The DailyThe first thing I am looking at is the declining volume, and the RSI. With this information I add it to the variables of the BTC and ALTcoin Dominance, this equals truth.
Disclaimer ( I make these charts in a purpose to educate myself on the complicated world of technical analysis. I will never advise you on how to invest your money)
Just Follow The Money
HOLO/USDT PRINTING A GOLDEN CROSS! MEGA BULLISH 65%Holo is about to print a golden cross of the 200EMA and 50EMA on the daily time frame. This is a massive bullish indicator, the first positive sign since the death cross of last year. Holo also has Holo Fuel currently working on its test net. Holo is primed now for a massive summer of bullish activity. Weekly timeframe is bullish, RSI is strong. I expect a large move by July 21st of around 65% gains before consolidation. All aboard, train is leaving the station. Check out my previous calls.
30 days TIME WINDOW for buying BNBNo need to discuss the future of BNB the native token of the biggest and most famous exchange in the world !
Binance Coin outperformed Bitcoin by large measure during the 1 year BULL and 1 1/2 year BEAR market !!
... until it peaked in BTC terms on about the 20th of April 2019.
In Bitcoin terms it HAS LOST 2/3 of its value (- 64%) until today !! That's a lot for a winner like Binance.
HOWEVER ... THE GOOD NEWS is it seems it will bottom in the next 30 days timeframe !!
There is a 30 days window to buy up this 5* coin on the cheap !
Target: 0.001616 BTC
If you are less aggressive, you can buy it now: who knows if it will get there ?
We are only 5% away from target !
Could this be THE FINAL SIGN of the START OF THE NEW ALTCOIN BULL MARKET ??
Here's the pinch BTC is still inFor a daily chart, that sure looks like a tight pinch & lots of restrained energy IMO
With all the sats tied up in the alt season? hysteria, it'd be a good time for BTC whales to pump n dump so alts get sold to jump on board, crashing alt prices right into their waiting hands....or fins.....or mouths. I'm still not convinced it's even possible for whales to trade with humans tho, so....?
ETHAs always ETH whales, market makers tricking newbs with FOMO combined this dynamic with the talking 30k account CT idiots we have all the ingredients for another huge dump IMO.
Lets break that weekly 200 ema while the weekly RSI resets, bottoms and all other TFs do the exact same, then you have my attention.
I still think August will be the test of the bottom TL I drew. This could even get more ugly if BTC sells off worst.
I believe ETH is having or did have a major network upgrade, so typically ETH will sell off hard afterwards.
Also being that I flipped bearish all major stock markets I can only assume the cryptocurrency market will follow suit.
But I will say if we can hit my bottom TL around $92 then I would say we can safely buy a big bag for LT 3 years out. The future for ETH looks bright & FA implies ETH will lead the markets, I could see $2500 ETH to anywhere up to $10k in the next mega bull coming soon.