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Altseasonanalysis

Fantom | FTM & Andre Cronje FTM jumped 300% since Defi father aka Andre Cronje is back as vice president of memes at the fantom foundation! wait a what... FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.53 today with a 24hour trading volume of 315 million dollar. This represents a 4% price increase in the last 24 hours and a 11% price increase in the past 30 days. Blockchain platform Fantom plans to introduce version 2 of its fusd stablecoin to provide a more predictable and budget friendly system for builders, partners and users, developers said in a post over the weekend. They didn't give a timeline for the release.the new version will allow the stakeholders to allocate fees in either fantom or fUSD and to predict future costs based on usage, the developers said. It will allow programmers to build additional institutional products for users and provide a more consistent system for planning and budgeting for grants. .on Jan 24, the Fantom Foundation announced a partnership with Axelar, which will introduce interchain communication to the Fantom Network and ftm whales use every opportunities to accumulate as much as they can since we published our first ftm chart and hit all targets - 100% gain - its time to look at the chart again and set new targets. The daily EMA showed bullish signal at 0.35 and it shows the down trend is over. RSI shows bulls are in control. ftm successfully broke ascending triangle at 0.23 and broke 0.29 and 0.31 resistance as well. next targets for FTM are 0.57, 0.59 and 0.63$ and if you trade with btc pair ftm broke 000016 resistance and heading to 000018 and 000020
Long
by moonypto
4
ALT COIN SEASON! - #ALTSEASON ALTCOIN Dominance VS BITCOIN/USD. - Showing synergies between 2019 - 2020 BTC/USD CYCLE. *Identifying the relief rally - followed by a 70% correction. This chart shows how Altcoin dominance performed.. During the relief rally Peak - Followed by the 70% correction. liquidity transferring from the King currency by MARKET CAP (BITCOIN) to smaller Altcoins - Projecting synergies for 2023 - 2024 BTC/USD CYCLE. *Identifying the relief rally 2023 and projections for 2024. This shows current market price of BTC and current ALTCOIN performance. *percentage % and days it took to reach similar performance. Something to consider over the winter season as Santa clause rally comes to an end. Today we have BITCOIN + ETHERUEM ETF Hype leading into January. But also countries on the brink of a recessionary Awakening. *This chart show's how Altcoins could perform if we see BTC take the same 70% correction. *If BTC Broke out of this very identical relief rally strong enough to disregard 2019 - 2020 cycle repeating... we could expect Altcoin dominance rally much higher. Potential ETF's could be the catalyst! Hope you find this useful.. Wishing everyone a BULLISH NEW YEAR!! In the meantime - ENJOY THE FESTIVE SEASON.. MERRY CHRISTMAS TOO EVERYONE!
CRYPTOCAP:OTHERS.D
by dibz1996
LINK above 21$ would be a sign of massive 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. BTC needs to get above 48k before we can expect a break above 21$! The best entry would be when the price breaks above 21$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- 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$ ------------------------------------------- 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!
Long
by MBM_Crypto
2
This is Time To Enter in ALTS COINS..& Book Quick Profits.Hello Dear Traders, after major collapse in alts , alts marketcap is becoming green again. its time to buy cheap alts for short term profits. why short term profits only???? bcoz last weekly candle on total2 was extremely bearish also bitcoin dominance is increasing rapidly. upcoming days of alts will be not like recent altseason. market dynamics are changed completely. Dont Hold for longterm... i m expecting alts macap will again test 1.3 trillions dollars mark again. when see total 2 is testing 1.3T immediately make plan for profit booking. "ONLY INVEST IN TOP 50 COIN"
CRYPTOCAP:TOTAL2Long
by mbn_global
2
Something big is coming?Let's find on the chart EVERY disruptive technology first makes an impact somewhere—often with just one so-called lighthouse industry that stands at the leading edge of adoption. A particular group of companies and customers grasp that technology’s long-term value and the ways it might upend current thinking. Aerospace companies, for example, envisioned early on 3D printing’s long-term potential far beyond prototyping! Over time, organizations from a wider array of industries came to see the potential of these and other disruptive technologies as they found more practical and diverse mainstream applications. Some term this process of industrial adoption the diffusion of innovations. Blockchain is going through a similar path of diffusion across industries far beyond its initial fintech applications. More organizations in more sectors—such as technology, media, telecommunications, life sciences and health care, and government—are expanding and diversifying their blockchain initiatives. Trade in profit! Push up Like button if you like my reviews and help you understand the current market situation! Subscribe to the channel and stay tuned for trading ideas that are not trading recommendations. And remember! You must have your head on your shoulders! Do not trust anyone - not even me :) Thanks to your likes, I understand how many people rated my review positively. I spend my personal time monitoring the market situation and share my opinion openly with you. Please take this moment into account and treat it with understanding.
CRYPTOCAP:TOTAL2
by Cryptalion
16
BTC Dominance at MONTHLY RESISTANCE Sorry, Guys! I was busy, that is why I was unable to post any analysis. Okay, Today's Analysis are very very very IMPORTANT, as it dictates the crypto market. Bitcoin is the mother of all cryptos, if it moves, let's move accordingly. First, let me give you the concept: CONCEPT: When the dominance of Bitcoin increases, the dominance of Altcoins decreases having mid to low cap. More bitcoin dominance means more people are investing in bitcoin. This means that market is investing in bitcoin and withdrawing their assets from altcoins which causes the altcoins to drop. Let's understand the supply and demand concept. For Bitcoin: Supply = No. of bitcoins Demand = No. of buyers Now, currently is a demand for bitcoin has increased means more buyers are there in the market which directly pushes the dominance of bitcoin and ultimately leads to an increase in its price, and supply is becoming less. For Alts: Supply = No. of Altcoins with there supply ( More than 1000 alt cryptos with billions of supply ) Demand= Again the buyers Now, as the Supply is immensely huge in altcoins but the buyers have shifted from altcoins to bitcoin causing a decrease in demand of altcoins, which lead to increase supply, and that caused the price to the dropdown. That's why the price of ALTS has gone down. Big Alts Like ETH, XRP having large Market Cap follow Bitcoins, but Mid to Low cap coins have a reverse effect of bitcoin dominance. I have tried to educate you guys, I think you have got the idea of how Crypto Market works. Chart Analysis: Right now, Bitcoin dominance is between the Weekly Zone 61.98 and Monthly Zone 64.40. From 13 July, three candles have been into this zone and have been rejected by the support at 61.98. Also, see how the Trend lines T1, T2, T3 are being respected. We might see some retrace back to 61.98, in that case, Alts are gonna PUMP BACK, if anyone holding the alts can exit during the retrace of bitcoin dominance. Those holding Alts, don't panic, wait for the btc dominance to retrace back a bit. BTC dominance is converging, so right now it's not stable. Let it find the support and resistance and be stabilized, then the alts will be back. If next week the btc dominance candle breaks the monthly level 64.40 and a new candle is formed above this level, then BTC gonna pump more and Alts are gonna DUMP more. If Btc retraces back from this level, we gonna see the pump of Altcoins. Thanks guys, I hope you have got the idea of how Bitcoin and let's work in this crypto market.
CRYPTOCAP:BTC.D
by SmartMaxi
2
The Bitcoin Dominance Rate Keeps FallingPlease leave a LIKE in order to support my work. The weekly chart reveals that the price has broken down from a long-term ascending support line and validated it as resistance afterwards. This view is also strengthened by the fact that the rate was rejected by the 200-week MA thrice prior to the price breaking down. The final time, it created a shooting star weekly candlestick, which often indicates a trend reversal. So far, it has created three consecutive lower highs. The most important support level is at 62.5%, which mark the wick low of Feb 10-17. If the rate decreases below it, it could fall all the way to 52.5%, levels not seen since April 2019. Previously, the rate traded inside this range from September 2018 to April 2019, a period which was very profitable for altcoins. If the price falls within this range once more, it is possible that it would have a similar effect.
CRYPTOCAP:BTC.D
by BitcoinMaximus1