hathor $htr #buyspotandchill playi've risked ~3% on this one, love it fundamentally. it's risky because i think the narrative will be surrounding interchain and L2s in the alt space. if there is another wave of interest in L1 novel tech this will do numbers. nice execution of consensus based around DAG and Merge mining bitcoin. DYOR if you want to play it long on high time frame, IMO its comfy, if you think the bottom is in for btc it won't be going much near $0.04 again. if you are a lower time frame trader looking for alt's that follow bitcoin moves this is a great one to have on your watch list, always pumps with the corn.
Altsignals
CVXUSDT : Cup & Handle Pattern Can X4Hi Traders, Investors and Speculators of the Charts 📈📉
CVXUSDT is another altcoin with massive upside potential. Infact, after consolidating for such an extended period, a parabolic move to the upside is very possible.
In the chart, I've pointed out 3 take profit zones based on candle wicks (supply zone and demand zone) , but you can always add more TP points depending on your trading strategy and your patience. The 0.618 Fibonacci Retracement is always a very likely target during any bull market, therefore that would be my ultimate target for this season.
I'm not using any technical indicators today, as I am doing a longer term outlook on CVX. I believe there is an important balance between trend line analysis / chart analysis / chart patterns , and technical indicator analysis. I find that trend analysis ( trend lines , Fibonacci Retracement , patterns , support zone and resistance zone ) is really helpful for longer term, whilst technical indicators can be very useful for the shorter term.
Here's my bullish outlook on Bitcoin 👀
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CryptoCheck
Cross-breeding of systems. BTC D for example.Experimental review.
Hi.
There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture.
I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here).
And VFI LF is also unnecessary.
So what do we observe, besides a clearly visible very strong support around 39.8%?
We have a fresh green cube with a pin bar.
1. Funny, the Renko cube went exactly where the clouds change was last time!
2. Next, Renko's cube climbs Kijun-Sen line for the third time. Believe me, not for it to serve as resistance anymore. Only as support. All tests passed. Chikou span (light green lag line) is looking up. Also a good sign.
3. What about the exact same exit upwards? On the edge of the clouds? Hypothesis! But let's note. That perhaps BTC D is flying upwards to a certain "cloud exchange" point. That's around April 1.
4. Devil, but that looks like a bull flag on a stochastic.
5. SQZMOM is heading steadily to the bullish side I'd say a minimum of three weeks, a month max we need before the first green bar.
As this is an experimental approach, there will be neither a "long" nor a "short" mark.
Let's see together if this kind of reasoning works?
Does reliability improve by combining Renko and Ichimoku?
We'll review this chart in second half of the spring 2023.
OK? Are you interested in this?
Thank you for your attention!
ALTCOIN Market still consolidating. This shows its huge upside.The Altcoin market (total market capitalization excluding Bitcoin) is basically still consolidating. The long-term pattern is a Channel that is best described when using the Fibonacci Channel levels. Right now the price is on its bottom, with the 1W LMACD turning bullish since the August Bullish Cross.
The only times in the market's history this happened below the 0.00 mark designated the bottoms of December 2018 and May 2015. As you see on the chart, on all occasions (including today), the US10Y had already peaked and was on a downtrend. This suggests that the market has entered a strong Accumulation Phase, with long-term investors stacking ahead of the new Bull Cycle. This historically is the best time to enter the market.
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BTCDBeen a while since I updated BTCD here on Trading View, 2020-2021 was my BTCD year where most of my analysis hit the targets.
Reviewing this monthly chart we can see the Stoch RSI is bouncing off the 1/2 way level between overbought/sold.
The diagonal has likely completed Wave 4 and W5 should hit that top expanding TL and likely overthrow , so we can assume 49-52% for now to finish the 5th.
And what this analysis means is only 2 possible scenarios:
1) BTC & BTC coins (BCH,ADA,DASH,XRP,LTC to name a few) will all get big moves up after BTC leads. Then once the final drop hits ETH and the rest of the alts will pump.
2) BTC will Nuke to my $10-$12K targets which isn't to far away from the recent ATL around $15K. But Altcoins will drop another 50-70% from these levels.
TBH I favor option 2.
ETH is still not below June 2022 levels $900 while many alts have already broken below June lows and most seem to be headed back down as we speak.
HT winding up for a move!huobi token is looking good here to make a move to the upside here here if we can break the down trend
rook looking goodaccumalating rook down here
could see a big move soon if we can break the down trend
Altcoin Market - Bullish TransitionUsing Fibonacci Circles the transition to a bullish state can be demonstrated as a change from 2.618 to the next outer fib circle 3.618
We can see a bottom and bounce off the uptrend channel and a continuation to a state that includes a bullflag (in green rectangle)
This is a bullish sign, the middle line of the up channel is the nearest resistance
Big potential for SUSHI! Hello my friends,
I updated on of my trades. This time its on Sushi/USD. I think its has a lot of potential for some upward momentum.
There is slight regular bullish divergence on the 4hr timeframe and with the momentum of BTC we can see some rise anytime soon. I've pointed out two zones for taking profit.
Hope you like my idea. Please like if so and thank you for checking out!
Good luck to you all during these weird times.
Kind regard Cryptodjens.
BINANCE:SUSHIUSDT
ChainLink - Watching For A Breakout 👀ChainLink hasn't moved much since our last post. We appear to be in a descending correction we know descending correction = bullish reversal.
We just need to be a little more patient for the breakout and once it comes (and it will come), it'll make all the waiting worthwhile!
A good indication that we are almost about to reverse is that we are in an abcde descending correction and we're on the final e wave.
Trade idea:
- Watch for a strong breakout. Use the red descending trendline as confirmation
- Once price action appears, enter with stops below the lows
- Target the recent highs as first target and HODL the rest as we may see the next big bull run
Goodluck!
BINANCE COIN - Only Just Getting Started... 🚀Once we zoom out, we can see that BNB has only just completed the 2nd wave and we're expecting the 3rd wave, which is often the biggest.
First wave was a 5 wave impulse
Second wave was a 3 wave correction
Third wave - Anticipating a 5 wave impulse now
Fourth and Fifth Wave coming.
Trade Idea:
- Swing entry now with stops below the recent lows
- Intraday entry: watch for lower timeframe pullback and enter
- Swing Targets: 690, 1000, 1100
Goodluck!
MAKER - Easy Money Maker ✨We saw a 5 wave impulse at the start of 2021 followed by a massive ABC correction which lasted almost a year. We are now expecting the next 5 wave impulse to take to ATH and higher.
Maker is really susceptible to volatility wicks so be careful when trading.
Trade Idea:
- Swing entry now with stops below the lows
- You can also wait for lower timeframe pullbacks to enter to reduce your risk (smaller SL placement)
- Targets: 4000, 6100, actively manage the rest
Goodluck!