LRCUSDT - Ready for ALT SEASON ? 🚀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've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas are all spot focused accumulation phase positions, by using the dollar cost average method. LRCUSDT / Loopring is another altcoin that previously went up 2000% the last time we reached this level ! We're still due for the final bottom, but the time to accumulate is NOW.
The idea above is for medium term to longer term. This is my take for the NEAR term:
Interested in XRPUSDT ? Take a look at this setup 👀
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CryptoCheck
Altseason2022
IMX/USD Has huge upside potential if this support zone holdsHello traders,
I leverage Elliott Wave to identify patterns in the market but pair 3 other crucial components with it to execute a full trading system called the NewWave System.
This chart highlights how IMX could have the potential to create a new cycle towards the upside. It pulled back to a .618 retracement of previous cycle, we have a double tap on crucial support zone of previous cycle and our current rally is steep enough to potentially work its way through the red resistance zone as the start of something.
Let me know in the comments below if this looks appealing to you or if you see something more concerning OR optimistic than I've highlighted here.
Creating successful traders,
NewWave Traders
Altcoins are putting in a MAJOR bottom here pretty sure. I yelled at everyone Jan 2021 that we're about to have an altseason and I'm seeing the same again hard as it is to believe. Ignore the news and sentiment and follow the charts. It's the part of the cycle where everyone hates on alts and says BTC is the only thing to hold, that's where you want to buy/hold through it. Pretty sure things are about to get exciting.
Be patient with ENS 50%+ is coming soonWhy? PA looks bullish, one of the strongest coins at the moment. Whales are also interested in this coin. I will play spot and 3x long with smaller position. Dont forget to dollar cost average ENS here to maximize profits... 35 usd should hit in next weeks.
MANAGE YOUR RISK PROPERLY
NOT FINANCIAL ADVICE
Watch This For Bull MarketMartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
This is how ALTs move into a BULL MARKET and we in CryptoCheck intend to be prepared for it $$$$$$
Understanding market structure is very important for the next bull market
DO NOT BE LEFT BEHIND
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If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
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BTC BULLISH RALLY MIGHT START FROM NEXT WEEK! HERE'S WHY??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this important BTC and Dollar index comparison. Dollar index is inversely proportional to the BTC.
We might see a bullish rally in BTC from next week. Here's the reason.
As you see in the chart of DXY, it is reaching its major resistance level which is at around 103 level. Previously two times we saw the rejection in the Dollar index exactly at this same level.
While the Dollar index gets rejected a new bullish rally starts in BTC. So if we get the rejection from the same level this time also then we witness another bull run of BTC.
Invalidation level:- If DXY breaks and closes above the 103 level (Any weekly candle) then this chart becomes invalid.
Let's hope that we got the rejection this time also and we see a new bull run of BTC.
What do you think about this?
Do you think DXY gets rejected from the resistance and we see a bull run or do you think that it breaks the resistance level this time?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
GMT Loading up for a move!Here's a quick Look at GMT 2 hr chart . As we can see, the price has been forming a symmetrical triangle and a break to the upside could be around the corner. We need BTC to get stable before it is safe to trade.
The best entry would be, when the price breaks above symmetrical triangle with good amount of volume. Definitely one to keep an eye on.
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The idea is: Buy when the price breaks above the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 3.44$
2. 3.59$
3. 3.83$
4. 4.31
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BTC.D UPDATE! ALTSEASON SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC DOMINANCE update.
Bitcoin dominance is trading inside a descending channel. SO here I expect two scenarios for BTC.D-
Scenario1:- BTC.D starts dropping from here and is likely to break below the channel. In that case, Altcoins start bouncing from here.
Scenario2:- We might hit again the upper trendline of the channel and from there we saw the rejection. After hitting the upper trendline it is highly likely that it starts dropping. In that case, we see some more corrections in Alts so that would give us the best entries.
So in both scenarios, we might see soon a great Altseason.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
BTC needs to get above 48k, before XRP can break out!Here's a quick Look at XRP daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. We need BTC to get above 48k to gain some bullish momentum - XRP probably won't break to the upside if BTC doesnt get above 48k.
The best entry would be, when the price breaks above 0.922$ with good amount of volume . Definitely one to keep an eye on.
The market is shifting, and big gains could be coming our way!
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The idea is: Buy when the price breaks above 0.922$ and take profits at the levels shown in the chart.
Targets:
1. 1$
2. 1.19$
3. 1.34$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Soon there will be a reversal!Here's a quick look at the LINK Daily chart . As we can see, the price has been oscilating withing a bigger falling wedge and a break to upside could be around the corner! The best entry would be when the price breaks above 21$ with good amount of volume . Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 21$ and take profits at the levels shown in the chart.
Targets:
1. 24$
2. 28$
3. 32$
4. 36$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Keep an eye on ADA - we may see a breakout soon!Here's a quick look at the ADA Daily chart . As we can see, the price has broken out from its bigger downtrend and a bigger reversal could be upon us. If you didnt catch the immidiate breakout from the falling wedge , then the best entry would be when the price breaks above 1.252$ with good amount of volume . Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 1.252$ and take profits at the levels shown in the chart.
Targets:
1. 1.47$
2. 1.7$
3. 2$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Market cap of alts looks very promising for next weeks/monthstotal market cap .. higher lows... MACD weekly bullish crossover - STRONG signal because of weekly :) keep it eye on that guys... together with btc.dominance chart it is very important to know those dependencies and overall market conditions :)
This ALT Can 5x - Do NOT MISS IT MartyBoots here. I have been trading for 15 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Is trying to put in a bottom soon and we in CryptoCheck intend to be prepared for it
DO NOT BE LEFT BEHIND
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If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
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#VRA/BTC 150%+ Potential Rally ahead..Welcome to this quick trade setup.
VRA broke out of the long-term triangle pattern and is currently retesting the resistance turned support trendline.
As per the pattern, there is a possibility of a 130% + rally in the next few weeks.
I bought VRA and holding on the spot.
ENTRY: 4800 sats to 5800 sats
Target :- 50% to 130% (OPEN
Stop Loss:- 4330
DYOR (Not Financial advice)
If you want more just hit that like button.
Thank you
#PEACE
Time to get excited?Here's a quick Look at SAND daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above the 3.45$ with good amount of volume . Definitely one to keep an eye on.
The market might shift soon, and big gains could be coming our way!
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The idea is: Buy when the price breaks above 3.45$ and take profits at the levels shown in the chart.
Targets:
1. 3.85$
2. 4.4$
3. 5.7$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
📊BTC.D - An important area reachedCRYPTOCAP:BTC.D reached an area of strong resistance. The confluence of levels in this zone along with a bearish formation (descending triangle) favors a bounce back to 39%
If it breaks the resistance (~44.50%) we can expect a quick rally to 49%
The next few days/weeks will tell us more about where we're headed.
!! be prepared for a small altseason🤑 as well as for alts sell-off💀 !!
#USDT.D Bullish rally finally onboard or is it another Trap?Welcome to this short update on USDT Dominance
Reasons to Follow me?
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*Very Active Community during both bull and Bear Market
Let's get to the chart!
In my last USDT Analysis, I suggested you all take positions in Alts and BTC as USDT.D was pointing towards some bearish behavior.
All of my altcoins are above 12% to 20%
As a result, the index got rejected from the red resistance zone after printing a high of around 5.24%.
It has been moving sideways for the last 47 days. And looks like it's finally getting weaker.
I'll suggest you keep an eye on the blue and Red MA (21 and 50) on Daily!
A crossover below 50 MA by 21MA will trigger roughly 8 to 12 weeks of rallies throughout the market.
BTC is moving with good volume along with many altcoins.
Once we see a break above the $46k level, It's highly likely we can see some fireworks in the second quarter of this year.
For now, it's better to get into positions on retest because of low risk and high reward here.
There is much more information in the chart, do observe and let me know in the comments if you find it!
Invalidation:- Only a close above 5.14% or the red resistance line will invalidate this chart.
DYOR before taking any trades, I am not a financial advisor.
What do you think?
Do let me know and hit the like button.
Thank you
#PEACE
Is Altcoin Season Coming? Bitcoin Market Cap DominanceToday I was asked the question, "is altcoin season coming?" To answer that question quantitatively we can look at tools such as the Bitcoin Market Cap Dominance chart and the Altcoin Season Index. Why is it that Bitcoin has gone down LESS than altcoins over the last few months? At the end of the video I also talk about ways to hedge your positions using Bitcoin cross pairs like ETHBTC, LTCBTC, XMRBTC, XRPBTC, SOLBTC, etc.