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Altsignals

CTK - Wedge Breakout Trade ⚡️CTK is currently within a wedge and we are approaching the triple bottom level at 0.80. There is a possibility that we can bounce from the recent structure level at 1.40 but the best place to get in would be the 0.80 level. We may be in a bear flag right now and could be seeing one more drop back to the lows. Trade Idea: - Watch for price to come back to the 0.80 level - Enter with stops below that level - Target the recent highs as first target (3) and then target 3.8 as second target Please be mindful that a confirmed breakout will be after the break of the descending black trendline. Goodluck and trade safe!
by Altsignals
1
MONERO - Don't Miss This Easy Setup! Monero is setting up for a massive bullish wave very soon. We are currently at a local double bottom and seeing some strength but the best place would be the bigger double bottom at the $120 level. Trade Idea: - Watch for a breakout of the descending black trendline for confirmation - You can enter at the local double bottom (now) or you can wait for price to come down to the bigger double bottom - Once entered, put stops below the lows - Targets: 315 - 500 - Manage the rest Goodluck!
X
by Altsignals
ICP - Massive Bullish Wave Coming!ICP is currently in an ABC correction and we are approaching the completion of the C wave. We are anticipating the next impulse very soon! Trade Idea: - Watch for strong bullish pressure at the -0.618 level (10-12) - Enter with stops below that level - Safe entry after the break of the descending red trendline - Target the recent highs as first target and hold the rest! ICP's ATH is ridiculously high so just hold until you're happy with the profits! Goodluck!
by Altsignals
5
DENT - Easy Double BottomDent is fast approaching a double bottom level where we may see price bounce off aggressively like it did in late July. For confirmation of bearish reversal, you can wait for the break of the red descending trendline. It is possible to take short term short trades back to the double bottom but there will be limited gains. The bigger move will be the move up. Trade Idea: - Watch for price to continue correcting back to the double bottom region of 0.001500 - Once bullish price action appears, enter with stops below the structure (risk entry) - For safe entry, watch for the break of the descending red trendline and enter with stops below the structure level - Target the recent highs as first target and actively manage your other positions Goodluck!
by Altsignals
1
BLUEZELLE - Important LevelsBLZ has been difficult to read recently due to the massive volatility spikes. From the higher timeframe, it looks like we can be heading to one of 2 key levels where we'll get a bounce. First Level: 0.1800 78.6 Fibonacci and Structure Second Level: 0.1200 We have previous structure where we saw a triple bottom. We could be making a higher timeframe double bottom before we move higher. Trade Idea: - Watch for reversal signs at one of those 2 levels - When there's buying pressure, enter with stops below that structure level - Target the recent highs as first target and then ATH as second target Goodluck!
by Altsignals
1
BINANCE COIN - Watch It Blow Up! 🚀Binance Coin is showing us similar price action to the last time we had a short term bearish move. We have a really interesting level we are looking at for longs. We have the ascending trendline - which has been respected several times and we also have the 61.8 fibonacci. Trade idea: - Watch for price to correct back to the $450 level - Once bullish price action appears, enter with stops below the trendline - Target the recent highs as first target. HODL the rest Let us know what you think!
by Altsignals
2
SHIB - Meme Coin Takeover?Similar to our analysis on Kishu, we may see Shib breakout too. We are seeing some bullish price action on the structure level right now which could be the start of a breakout. However, if we reject the descending red trendline and come back down, it would just give us another opportunity to get in at a lower price. Trade Idea: - Risk entry now with stops below the structure level - If we come back down lower, watch the 2 structure levels indicated for a bounce and enter with stops below the structure - Target the October highs and HODL the rest Goodluck!
by Altsignals
3
KISHU - Almost Ready! Kishu has been on a lot of peoples watchlist as one of the ones to watch for some quick gains! As it is at the very bottom, any movement up would be exponential gains so it may be worth it to put some in here at the bottom and hold. The downside is very limited but there's major upside gains to be made! Trade Idea: - Watch for a strong breakout and enter with stops below the recent lows - If we move down once more, watch for a bounce off the structure level indicated and enter with stops below the low - Target the October highs as first target and then HODL the rest
by Altsignals
1
VET - Watch This Wedge 👀Our last VET analysis got invalidated due to the crypto crash. We had to zoom out and find out the meaning behind the madness. We can see that price is in a wedge and approaching a level which we bounced off from 3 times. We could potentially bounce off it once again. We have the -0.27 fibonacci at $0 which is very unlikely. However, if price drop close 0, it should be seen as a buying opportunity. There's a lot of hype behind VET so it is unlikely that it will die anytime soon. Trade idea: - Watch for one more drop back down to the 0.06 level - Enter with stops below that structure level - Target the wedge resistance as first target - Target ATH as second target. - HODL the rest We may not come back down to these prices for a long time, if ever. Be sure to get in at the best possible price and hold it!
by Altsignals
2
NEO - Welcome To The Matrix From first look at this chart it can be overwhelming... But let us explain. We look to be in a descending channel and respecting it well. It could be that we bounce from the current level back up to the 66 level. However, if we reject the channel resistance, we could make our way back to the 12 to 16 level where the 2021 bull run started. That would make for a great retest before moving higher. Now that we have all the possible moves marked out, we just need to wait for one of the scenarios to play out and act accordingly. In the meantime we can watch for a break of the descending trendline and target the channel resistance and then see how we react there before we either enter shorts back to the impulse generation level OR we hold our longs to the 66 level. Goodluck!
by Altsignals
SXP - Bounce?? 🤔SXP has recently bounced off the triple bottom as indicated on the chart. Ideally we'd want a strong daily bullish engulfing candle to indicate a full reversal - which we didn't. This is why it's important to be cautious when entering longs from here. The best place to enter would be the 0.60 area where we have a strong level where price started its bull run. IF we do get back down to 0.60, enter with stops below that level. For now, we can look for bull flags on lower timeframe to take SXP back to the wedge resistance. Goodluck!
by Altsignals
2
1INCH - The Lower The Better 😋1INCh is approaching the absolute lows and this may be bad for those that are holding their positions from the last bullrun. However, those that have not got any 1INCH, they are in luck! Once price finds its bottom, it would be good to buy some 1inch to hold until the next big bullrun. The downside is very limited but there's alot of potential to make upside gains! Trade Idea: - watch for price to bounce off one of the 2 levels indicated - Enter with stops below that level - Hold until atleast $7 or $7.5 Do you agree? Let us know your thoughts!
by Altsignals
THETA - Watch These Levels...At the start of the year, we saw a beautiful impulse which pushed Theta up over 2000%. We have been stuck in a correction ever since but it appears we may see the end of the correction very soon. We have 2 key areas which we are looking at. First area: $3.60 We have the recent lows and the 78.6 fibonacci Second area: $2 to $2.60 In this area we have the correction support. Trade idea: - watch for bullish price action at either of these 2 levels - enter with stops below the reversal area - Target $16 as first target and $20 for second target. Please make sure to use alerts so that you can monitor when its close to reversal! Goodluck.
by Altsignals
6
ChainLink - A Monster Move Coming! 🤯ChainLink is currently within an ABC correction. We are approaching 2 areas of interest where we will be looking to buy and HODL. First area: $14 We previously reacted to that level and bounced off strongly. We could potentially create a local double bottom and then move higher from there, Second area: $8 Price reacted numerous time to that level. We also have the correction support there which is an added confluence. Trade Idea: - Watch for bullish price action at one of the 2 levels mentioned - When entered, keep SL below the price where price bounced from - Target the recent highs as first target and HODL the rest as we may see the next big bull run Remember to place your alerts on both areas! Goodluck!
by Altsignals
6
POLKADOT - Do NOT Miss This 🔥🥵Polkadot is showing us clean price action and the buy zone is evident. We are currently in an ABC correction and anticipating the end of C wave shortly and the start of the next impulse. We have the 0.88 fibonacci supporting our buy region as well as the double bottom. Trade Idea: - Watch for bullish pressure at around the $10 region - Enter when there's a bullish Daily candle at buy zone - Stops below $10 - Target recent highs as first target. -0.27 as second target. HODL the rest! This trade should not be missed! Put your alerts on so you can stay up to date with DOT. Goodluck!
by Altsignals
9
XRP - Just Getting Started... (WEEKLY VIEW)XRP is approaching a key level where we may see the biggest wave (wave 3). We are currently in an ABC correction with the C wave possibly finishing at the double bottom region at 0.5. Trade Idea: - Watch for bounce at the end of C wave at the double bottom area (0.5) - When bullish price action appears, enter with stops below the recent lows - Target $1.90 as first target. Actively manage the rest. If this scenario is correct, we can see XRP soar to levels of $3 and higher! Please see chart update for Daily Timeframe. Please note that this is loosely based on Elliot wave theory and the extensions are not to scale. Will update this chart regularly once price action appears. Goodluck!
BINANCE:XRPUSD.P
by Altsignals
5
DOGECOIN - Once In A Lifetime Opportunity 🌟Dogecoin has been difficult to read as of late but going to the higher timeframe, it can be seen that we had a clear impulse down and then an ABC correction and we're at the start of maybe another impulse down. We have 3 major levels which we are looking at for a bounce. First area: 0.17 Price bounced off this price multiple times and we are now showing some sort of rejection here Second area: 0.8 to 0.9 It was previous a level dogecoin failed to break. This could hold some relevance if price gets back here and may act as a support for the next bounce. Third area: 0 to 0.01 (also has -0.27 fibonacci target) Depending on how you see it, this could either be the best case scenario or the worst case scenario. Best case: if you're not holding any Dogecoin at the moment and want to get in and stock up. If bought near 0, any move up would mean exponential gains for your portfolio! Worst case: If you are holding Dogecoin and your portfolio is bleeding. However, this may just be a blessing in disguise as it can be an opportunity for you to get more Dogecoin! This may well and truly be the last chance to get into Dogecoin before we never see these low prices again. Pay close attention to this one!
by Altsignals
5
CARDANO - Important Update 🚨After the recent crash in Crypto, the market has changed slightly. The corrective phase has just got bigger but we're still very much bullish. For Cardano, we can see that the $1 level holds a lot of weight. On several occasions. price has reacted to the $1 level and successfully bounced from it. We are yet again approaching that level and we have a number of confluences supporting our bullish reversal idea. We have: - bearish fibonacci target of -0.618 - Corrective channel support - Major structure level $1 Trade idea: - Watch for price to hold the $1 level - On the bounce, enter with stops below $1 - Target the recent highs as first target and then hold the rest and manually manage the position This bounce may be the one that takes us to another ATH - lets not miss this!
by Altsignals
6
Altcoin Market UpdateAn update for the altcoin market including (TOTAL2, and OTHERS) As you can see, on the left, we are still in a very good spot for bullish action Current price can be seen to be very similar to the early days of TOTAL2, providing a nice comparison On the right, the OTHERS chart, also provides similarities to the earlier bull run, and suggests we are heading higher. 0.618 was a previous point of rejection during this massive bull run. If 1.618 is hit this will likely act as a rejection point as well. UP!
CRYPTOCAP:TOTAL2
by Bixley
3