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CARDANO - Second Chance? ⭐️In our last Cardano analysis, we were waiting for a breakout which we got. Price moved up 30%! If you didn't manage to catch that trade, that's okay. We may get a second chance! Price is still within the descending channel (reversal pattern). We could potentially be making a 5 wave corrective price action back to the $1 level where we have our perfect Buy level. If price doesn't reject the descending channel and 50 fib, hold your longs as it means that we've broken out already. Trade Idea: - keep an eye on the descending channel and 50 fib for rejection - IF we do reject, watch for price to come back down to the $1 level - Watch for bullish price action at $1 and enter with stops below that level - Target the recent highs as first target and then hold the rest and actively manage the position What do you guys think?
by Altsignals
5
SOLANA - Moonshot? 🚀Solana is at a very interesting level at the moment. We could be seeing a breakout very soon BUT there are reasons to consider shorting Solana once more before going long. Confluences for SHORT: - the 50 fibonacci - Descending channel resistance - the -0.27 fibonacci lines up with the previous lows where we're looking to take buys How would we approach this? If we see a breakdown, we can enter shorts with SL above the recent highs. If we continue seeing a bullish breakout, we can enter on the first bullflag we see and hold on to dear life cos its very likely we'll be shooting for the moon! Let us know what you think in the comments! Goodluck.
by Altsignals
3
GOLD - Biggest Trade Ever!GOLD is setting up for what could be the biggest trade of 2022. We can see that we've had a major impulse starting from late 2018 through to mid 2020. After which we were and still in a correction but that looks to be coming to an end soon. We have multiple confluences indicating that we may see strength soon at the 1680 level. These are: - Ascending trendline - the 61.8 fibonacci - Structure At this very moment we seem to be in a bear flag on the lower timeframe. We can take advantage of this shorting opportunity before we arrive at our ideal level to buy Gold! Short Term Trade Idea (SHORT): - On lower timeframe, look for bear flags - Enter on break of correction with stops above the correction - Target the 1680 level Long Term Trade Idea (LONG) - Watch for price to come to the 1680 level - Watch for bullish price action - Enter with stops below the anticipated bounce - Targets: 2070 - 2240 Let us know what you think in the comments! Goodluck!
OANDA:XAUUSD
by Altsignals
2
POLYLASTIC - Bottoming Out! Polylastic looks like a really good buy as we're near the absolute lows. We have a parabolic curve which is flattening indicating that there may be a breakout very soon. Ideally we'd want to see one more drop before we move higher. Trade idea: - watch for a strong break out and enter with stops below the lows - If we move down once more, watch for bullish price action at the double bottom region. - Enter with stops below the double bottom - Targets: 0.24 - 0.44 - 0.8 Goodluck!
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by Altsignals
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MATIC - Watch This Correction 🤓In our last Matic analysis, we had a level that we were watching for a reversal, which was the -0.27 fibonacci. Price hit that level perfectly and struggled to move past that and swiftly came back down. We now have another fibonacci in place to mark out where the correction may end and where the impulse will begin. The ideal place for entry looks to be 61.8 fibonacci where we also have the channel support. Look for shorts back to the channel support and then wait for bullish price action before jumping in for the next impulse! See linked chart for our previous Matic analysis.
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by Altsignals
11
FLM - QUADRUPLE BOTTOM! 👀FLM has been showing us a series of double bottoms and double tops. We are currently at the bigger double bottom and we could see a breakout very soon. Ideally we'd want to see one last drop to complete the lower timeframe double bottom before moving higher. However if we don't, we can just get in with stops below the double bottom. Trade idea: - Watch for a breakout and enter with stops below the double bottom - If we make one more drop down, watch for bullish price action ad the double bottom area and then enter with stops below the lows - Targets: 0.78 - 1 - actively manage the rest What do you guys think?
by Altsignals
1
AKRO - At The Very Lows! Easy Buy 🚀Akro has been on such a decline that it has come back to near enough 0. We are still anticipating one more drop down to one of those 2 levels indicated on the chart. Buying this at this level would be a great investment IF AKRO does pump up once more. Any small move up would be exponential gains! Trade Idea: - Watch for one more drop - Look for bullish price action at one of those 2 levels indicated on the chart - enter with stops below that level - Targets: 0.045 - 0.056 - 0.08 What do you guys think?
A
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GRT - Double Bottoming! GRT is currently in a descending correction leading back to our previous bottom. In July we thought we were in an impulsive phase of the market where we were going to see the next big bullrun. However, instead we made an ABC correction for another move down. The best place to look for buys would be the double bottom area between 4-5. Trade Idea: - Watch for price to make one more move down - Look for bullish price action at the 4-5 level - Enter with stops below the lows - Targets: 1.200 - 1.700 - ATH Do you agree with this idea? Let us know below!
by Altsignals
3
SOLANA - BUY HERE 💰SOL is approaching a really high probability area where we may get a reversal to the upside. We had a massive impulse in August and since then, we've been stuck in an ABC correction. We are now approaching the completion of this correction and anticipating the next impulse. Trade Idea: - Watch for bullish price action at the completion of wave C (around 120-130) - Enter with stops below that level - Target recent highs as first target. 300 as second target and hold the rest and actively manage it What do you guys think? Let us know below. Goodluck!
by Altsignals
4
ETHEREUM - To The Moon! 🚀Ethereum is one of the only coins that held most of its value through the bear crash we had recently. We could be on our way to creating new highs and reaching the moon! We have 2 fib levels which we are looking at for a bounce. We are likely to make one more move down - which could be traded for the short term. The big trade would be the buys. Trade Idea: - Watch both the 61.8 fib and 78.6 fibonacci for bullish price action - Once there's bullish price action, enter with stops below that level - Target all time highs as first target and then actively manage the rest What do you think of this idea? Let us know your thoughts below!
by Altsignals
4
STELLAR - BUY HERE 🚀Stellar is fast approaching a critical level where its very likely we'll bounce from. The 0.20 level is where we bounced off from once before and it looks like we may be bouncing from there again - highly likely. The unlikely scenario is that we visit the -0.27 fibonacci, which is practically 0 therefore making it unlikely. Trade Idea: - Watch for bullish price action at the 0.20 level where we have the completion of the ABC correction - Enter with stops below price rejection - Targets: 0.420 - 0.800 - actively manage the rest Let us know your thoughts!
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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!
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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!
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by Altsignals
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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!
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