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Altsignals

BITCOIN - Is It Time For Take Off?The last time we analysed Bitcoin, we were at the the 34K level calling shorts back down to 30K. We have almost approached 30K now where we have previous price action. If we hold the 30K level and bounce from here, we can possibly see ourselves revisiting the 36.4K level in the coming week. Trade Plan: - Wait to see if 30K holds. - Watch for descending trendline break on lower timeframe (See chart update for lower timeframe analysis) If we break below the 30K level, we could see lows of 27K.
by Altsignals
5
BITCOIN - Is It Time For Take Off?The last time we analysed Bitcoin, we were at the the 34K level calling shorts back down to 30K. We have almost approached 30K now where we have previous price action. If we hold the 30K level and bounce from here, we can possibly see ourselves revisiting the 36.4K level in the coming week. Trade Plan: - Wait to see if 30K holds. - Watch for descending trendline break on lower timeframe (See chart update for lower timeframe analysis) If we break below the 30K level, we could see lows of 27K.
by Altsignals
1
DOGECOIN - Are We Going To The Moon?Dogecoin is also at a very important level. We are at the triple bottom level where the next moves will dictate whether we will see Dogecoin go to the moon or flop back to the bottom. Wait to see how price reacts. If it breaks above the descending trendline, we could see it move up. If it breaks below, we could be revisiting the lows from last year. SHORT PLAY: Watch for 0.16 to break and then enter on the retest. LONG PLAY: Wait for price to break the descending trendline and look for bull flags to take it higher.
by Altsignals
DOGECOIN - Are We Going To The Moon?Dogecoin is also at a very important level. We are at the triple bottom level where the next moves will dictate whether we will see Dogecoin go to the moon or flop back to the bottom. Wait to see how price reacts. If it breaks above the descending trendline, we could see it move up. If it breaks below, we could be revisiting the lows from last year. SHORT PLAY: Watch for 0.16 to break and then enter on the retest. LONG PLAY: Wait for price to break the descending trendline and look for bull flags to take it higher.
by Altsignals
LITECOIN - Moment Of TruthNot much has been happening with Litecoin recently. We are still under the bearish trendline and we have approached a key structure level. If we break below this level, all the gains from 2021 will have been cancelled! Either way we can look to make money. Watch for the market to make its move first and then get in on a retest. SHORT PLAY: Watch for price to break below 119 and then enter on the retest of 119 LONG PLAY: Wait for price to break above the descending trendline and enter on the retest of 149.
by Altsignals
LITECOIN - Moment Of TruthNot much has been happening with Litecoin recently. We are still under the bearish trendline and we have approached a key structure level. If we break below this level, all the gains from 2021 will have been cancelled! Either way we can look to make money. Watch for the market to make its move first and then get in on a retest. SHORT PLAY: Watch for price to break below 119 and then enter on the retest of 119 LONG PLAY: Wait for price to break above the descending trendline and enter on the retest of 149.
by Altsignals
EDUCATION - Candlestick Cheat Sheet ⚡⚡One of the most powerful tools in your trading arsenal should be candlestick patterns. Various candlestick patterns can tell us where the market is heading. These patterns can be found on all timeframes, however the Daily candlestick patterns appear to be the most reliable. Once you see these patterns, you can ready yourself for the next move and use other tools to enter the market such as flag patterns, MA strategy - which we've covered before (See linked charts).
Education
by Altsignals
1
EDUCATION - Candlestick Cheat Sheet ⚡⚡One of the most powerful tools in your trading arsenal should be candlestick patterns. Various candlestick patterns can tell us where the market is heading. These patterns can be found on all timeframes, however the Daily candlestick patterns appear to be the most reliable. Once you see these patterns, you can ready yourself for the next move and use other tools to enter the market such as flag patterns, MA strategy - which we've covered before (See linked charts).
Education
by Altsignals
16