SANDUSDT Technical Analysis⏳ Spot
💎 SANDUSDT has formed a symmetrical triangle and after the breakout by a large green candle it can go down for the retest and then continues the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.7580
☕️ TP1 0.7920
🍺 TP2 0.8200
🍻 TP3 0.8500
🍾 TP4 0.9000
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.6800
Good Luck 🎲
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Altsignals
ALGOUSDT Technical Analysis⏳ Spot
💎 ALGOUSDT has formed a symmetrical triangle, the price has got rejected from the bottom of the triangle, I expect it to move higher and after the breakout we will see a bluish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.6969
☕️ TP1 1.8200
🍺 TP2 1.9000
🍻 TP3 2.1000
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 1.6000
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
NASDAQ - The Perfect Impulse - Correction - Impulse Nasdaq has been showing very clear impulse and corrections. The corrections appear to be always an ABC contracting triangle.
We could in wave A of the ABC correction now.
The trade to look for is the impulse after wave C, which is the big move. However we can capitalise on wave B now. Watch for a bounce off the channel support. We've seen that wave B has a correction midway through the move which would be a good point to put trades at BE.
Due to the uncertainty in world economics, it is imperative to play this one safe and use proper risk management.
KEEPUSDT - Quick Buys!KEEP has had a massive pump recently and now we are seeing price action that we can actually analyse and trade.
The bearish correction appears to be over when price rejected the 38.2 fibonacci and came down to the -0.27 fibonacci.
We are looking for price to break above the 0.80 level to confirm bullish movement.
ANKR - Getting Ready To Explode!ANKR broke out of a major descending channel in August and we are now in bullish territory. Price looks to be making a big ABC correction for a move to the upside.
We can either make a rejection at the 0.0725 level or we can go further down to the -0.27 level which falls in line with the previous lows, and the support of the bullish correction we're in.
In the meantime we can look to take ANKR down for the short term.
RIPPLE - The Next Leg Down 🔥XRP finished its impulsive leg and now is in its corrective ABC phase.
We can see that price reacted to the 61.8 fibonacci and then broke the ascending trendline indicating that price is rolling over to the downside to complete the C wave.
We have 2 areas where the corrective wave can end.
First area is the -0.27 but the second area seems more likely.
Second area is the -0.618 which lines up with the previous bottom.
Looking for bear flags to take Ripple lower.
Bitcoin Cash - Downside Rollover 🩸Bitcoin Cash was in an ascending correction for the last couple of months but it broke to the downside and then created a minor correction.
The minor correction rejected the 0.5 fibonacci and now we may see it rolling over to the previous bottom to create a higher timeframe double bottom. Another confluence we have in that area is the -0.27 target fibonacci which makes it an even more high probability area that price may reach there.
CARADANO - Further Weakness 👎🏼In our last analysis we marked out the bearish pennant and we were anticipating a breakdown back down to the 1.90 level. We broke down of the pennant and created a nice bear flag that retested the pennant and now we're making our way down.
First targets will be the -0.618 level which lines up with that major structure level you can see on the chart. Watch for bear flags on lower timeframe to take ADA down further.
BITCOIN - Correction Overdue 🩸Bitcoin has had really nice bullish price action leading to all time highs. We could be in for a major correction back to the ascending trendline soon.
If we copy and paste the first impulse to the second impulse we're in now, it takes us back to ATH where we could see a significant reaction which may cause us to fall for a short period of time.
For confirmation, we are waiting for the break of the ascending red trendline to indicate to us that the bullish run has ended and that we're making a correction.
Don't jump in too soon. Wait for price to tell you what's next!
BTC DOMINANCE Huge alt season right down the corner?BTC Dominance just broke above the 1D MA200 (orange trend-line) after a 6 month consolidation period. This sequence is very similar to the previous BTC Cycle, in fact its Parabolic Phase.
As the BTC Dom chart shows, an identical consolidation pahse took place from July to November 2017. Then following a Golden Cross, the price peaked and dived aggressively as BTC sharply lost dominance against the rest of the market.
The total crypyo market cap chart also shows identical phases. Do all these indicate that a massive alt season, potentially the last of the current Bull Cycle is right ahead of us? Feel free to share your work and let me know in the comments section!
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CTK - Unconvincing BreakoutThe first breakout that broke the descending trend early October, reversed from the 50 fibonacci level. We had a mother recent breakout which was very weak. We could see CTK roll over to the downside to the 1.4 level or even the 1.0 level.
Watching for bear flags to indicate bearish momentum and taking this one down.
ALGO - Keep An Eye On This LevelAlgo is at a pivotal point where we may either get a bounce off the 1.5 structure level or we can break through.
If we do break through, look out for a retest of that structure level before moving down.
Short targets would be the triple bottom region of 0.7.
Long targets will be the recent highs of 2.5.
THETA - The Bigger PicturePrice has been moving within the parameters of the fibonacci sequence. We can see that price has respected the 61.8 fibonacci on the moves within the bigger ABC pattern.
On the higher timeframe, we saw that price rejected the 50 fibonacci level and is moving towards the double bottom area 3.5.
Will be looking for bear flags down to the 3.5 area and then we'll be looking for buys.
1INCH - Double Bottom Soon?1inch has been consolidating on the higher timeframe. We can see that recently price made a double top and is moving down slowly. We saw a tap of the 61.8 fibonacci and the target fib of -0.27 lines up with the double bottom which would be a great place to look for buys.
Until then, look for shorting opportunities such as bear flags to take us back down to the bottom.