Coins
ALTCOIN REVIEW by Artem Shevelev — 10 August 2021Hey, in the past 24h altcoin market responded well to Bitcoin price rise.
According to Binance exchange there is at least 10 altcoin pumped +20-70%.
In this review I collected few altcoins which have not pumped too much, and located at relatively good point for buying / holding and profits might be amazing
Before we go to alts, remember to use capital risk wise and calculate your maximum loss before trade. Let's go!
First chart to watch is ICP / BTC
ICP showing solid Adam & Eve bottom pattern and possible breakout from it, looking for levels above 1800 and might reach closely to 2000.
If the price goes below 1300, I would recommend stopping the trade.
The next chart is about GRT / BTC
GRT is making a solid downtrend channel / wedge shape and might go for a breakout to retest the 2000 resistance zone. In the long term price can dip below 1300 where I located the next buy zone for holders. Keep your fingers crossed :)
Third chart is for XTZ / BTC
Tezos is holding well in the support zone, forming a nice wedge and might go higher in this resistance zone. I am looking for resistance near 8000-10000. But before reaching it, xtz seems to have an opportunity to reach the 6000 support zone, which is quite good for long-term buyers.
And last chart for today is for MDT / BTC
MDT chart located pretty low and gives nice range for making mid-term trades
safe-side entry near 65-60 zone and with targets at 95 - 130 - 170
Keep your trades on the safe side, market conditions are constantly changing.
See you in next updates
Best regards
Artem Shevelev
BTC 50K Prediction.A, B, and D = Support Line, We can see the price of BTCUSD under $40,000 was visible using Elliot Triangle wave.
C, E still holds a good resistance for BTC if it can beat the $44,000 range using heikin Ashi crossing 44,857.61.
In every day time span Chart, Bitcoin Has been Moving in Descending Channel from most recent 5 Months.
From most recent couple of Days, Bitcoin Bulls are in Complete Control and Doing Outstanding Job.
At the Moment, Bitcoin is going towards the Crucial Resistance (44k), If Bulls Break this Resistance With Strong Volume , Expecting Huge Bullish Wave in Midterm.
In Worst Case, If Bitcoin Bulls lost the EMA200 (38.7k) then, at that point Bitcoin Might Retest the 30-32k Support Area ..
📍I'm Bullish On Bitcoin and Waiting for Breakout, Always Wait for Confirmed Breakout and Candle to Close and Only then, at that point ENTER..
CARDANO-ADA/USD Bullish SwingVery simple idea based on ew an fibs. This move will take some time to complete so be patient. We also could stay around this level/range and correct for a "B & C" wave which I'm not sure at this time whether or not this correction has completed a,b, and c. Either way it will not negate this setup and i will be prepared to add more to my position in the event we take another trip back down to the bottom of the range @$1 dollar level
Burger Next hidden GEM 40$Hi everyone today i like to talk about another potential gem coin burger. I am expecting a big bullish trend for this coin in upcoming 2 weeks probably will hit 16-17$ and for long term it has potential to hit 50-65$ we have broken the trendline and its heading to make new highs now
AXSUSDT a huge potential coin This coin is definitely a gem with a huge potential to hit target as high as 100$ in coming future. so far it is absolutely going in a perfect bull run and I am expected it to hit 12$ within next week and potentially it can hit 23$ by coming month. I am planning to stack some coins at 5-6$ range with first target as 14$ and second target to be as 23$ and final target as 75-100$
BITCOIN Local Bearish Bias! Sell!
Hello,Traders!
BITCOIN is trading in a range on daily chart
Between horizontal support and resistance
And I think that BTC will stay in this range for the duration of summer
Locally, the coin is trading below a falling resistance
While being supported by a rising support
Therefore, I am locally bearish
And I think that after a breakout
The coin will go to the lower demand zones
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
SKL/USDT Could Launch Its Rocket Soon 🚀🚀🚀📈 SKL/USDT | Potential Upward Movement
💡 Buy Limit Order @ 0.3161
🎯 Target Profit 0.3290
🛑 Stop Loss 0.3119
❌ Do not risk more than 1% of your account on each trade
Description:
The coin is traded inside a wedge formation. This pattern represents a correction where we expect it to end near the area of confluence which is made of a 61.80% Fibonacci retracement, strong support and the lower end of the wedge. After the correction, a rally all the way up could be seen toward the target profit.
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BAT/USDT Is About to Fly 🚀 🚀 🚀📈 BAT/USDT | Potential Upward Movement
💡 Buy Limit Order @ 0.6792
🎯 Target Profit 0.7155
🛑 Stop Loss 0.6612
❌ Do not risk more than 1% of your account on each trade
Description:
The pair succeeded to break the bullish flag formation to the upside by posting an engulfing bullish pattern. We expect a lower correction to the highlighted zone before a rally all the way up to the target profit.
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AVAX/USDT Might Be Smashed by Bears 🐻🐻🐻📈 AVAX/USDT | Potential Downward Movement
💡 Sell Limit Order @ 14.89
🎯 Target Profit 14.37
🛑 Stop Loss 15.14
❌ Do not risk more than 1% of your account on each trade
Description:
The pair succeeded by breaking the bullish channel to the downside with leaving behind a Head & Shoulders pattern. A higher correction is expected to the highlighted zone before a huge selloff toward the target profit.
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BTC/USDT : What's Next ? 💡A quick analysis on BTC using the daily time to be able to predict how most probably will move in the next coming weeks. 🎯
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CAKE/USDT Might Fly Soon 🚀🚀🚀📈 CAKE/USDT| Potential Upward Movement
💡 Buy Limit Order @ 17.78
🎯 Target Profit 20.11
🛑 Stop Loss 16.62
❌ Do not risk more than 1% of your account on each trade
Description:
The price succeeded to reverse and change direction from a downtrend to an upward one after leaving a head and shoulders around the daily support. We expect a lower correction to the neckline before a rally all the way up to the target profit.
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BCH/USDT Might Be Smashed By Bears 🐻 🐻 🐻 📉 BCH/USDT | Potential Downward Movement
💡 Sell Limit Order @ 562.69
🎯 Target Profit 512.27
🛑 Stop Loss 587.68
❌ Do not risk more than 1% of your account on each trade
Description:
The coin succeeded to break the continuation patter or the bearish flag to the downside. A correction might be seen to the strong resistance (highlighted zone) before a move downward in the same direction of the main trend.
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NANO Is About To Fly 🚀🚀🚀📈 NANO/USDT | Potential Upward Movement
💡 Buy Market Order @ 7.7093
🎯 Target Profit 7.9797
🛑 Stop Loss 7.6219
❌ Do not risk more than 1% of your account on each trade
Description:
The price is trading above the neckline of a double bottom which was formed around the strong support. The low volatility is noticed which could lead to a big move in the same direction of the main trend.
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SELL YOUR BITCOIN (BTC) NOW! Better Opportunities Coming!Hey everyone! Hope you are doing well.
So Bitcoin... how many of us bought at the fake out, comment below if you did. Don't worry, it was tempting, but as I always say to traders, we need to look for confirmation, whether that be bullish momentum or a solid retest with confirmation on the 4H.
Anyway, I'm sure you all set your stop loss so didn't lose too much! 😉
TECHNICALS
Falling Wedge
We are currently in a bear market. Whether you like it not, the last impulse was the fifth wave. You need to learn to remove emotion and trade Bitcoin as you would anything else. Yes, it has provided unbelievable returns, but so have many other assets. A falling wedge means we have an opportunity for Bitcoin to rally back up to 48K and then we will see another big move down.
Pennant
We see a pennant formation with little consolidation. This is not a bullish signal, this is considered a very bearish move. If Bitcoin even moves up from here, it will continue down. In order for this to be a retracement in a bull cycle, we would need to see consolidation 3 weeks longer than we currently have. Remember, you are trading a speculative market.
Downwards Channel
Bitcoin will most likely move downwards in this channel. This is a really great way to measure your take profit. Either midway or the other side of the channel. We see crypto's following these trends very prevalently.
Sentiment
The market is unsure. We all are. It is a self fulfilling prophecy. We are talking of a crash - so there will be a crash. Dont worry though, this is opportunity to either trade the market short or wait for opportunities long.
Please let me know your ideas, this is a platform to discuss - not attack or ridicule. Let's all become wealthy together!
Love, peace, Seb.
STMX/USDT Preparing Its Rocket 🚀 🚀 🚀📈 STMX/USDT| Potential Upward Movement
💡 Buy Limit Order @ 0.02584
🎯 Target Profit 0.02878
🛑 Stop Loss 0.02437
❌ Do not risk more than 1% of your account on each trade
Description:
The price is trading inside a bullish channel formation. A lower correction might be seen to the lower end of the pattern where it coincides with a strong horizontal support. This move could lead to a bounce and a move upward toward the target profit.
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LINK/USDT Is About To Explode 🚀🚀🚀📈 LINK/USDT | Potential Upward Movement
💡 Buy Limit Order @ 30.060
🎯 Target Profit 35.027
🛑 Stop Loss 28.638
❌ Do not risk more than 1% of your account on each trade
Description:
The price succeeded to break the flag formation to the upside where it found buyers around the 50% Fibonacci retracement level. The price is trading above the strong support around the 30.00 USDT mark. This might lead to a further move to the upside toward the target profit.
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⚠️CAKE/USDT Is About to Launch Its Rocket 🚀📈 CAKE/USDT | Potential Upward Movement
💡 Buy Limit Order @ 17.097
🎯 Target Profit 22.051
🛑 Stop Loss 15.742
❌ Do not risk more than 1% of your account on each trade
Description:
The price failed to probe below the 15 USDT mark and posted a head and shoulders signaling a potential of a reversal. As well, we have a smaller head and shoulders where the price might bounce at its neckline and then a move upward toward the target profit.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
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🙂 Good Luck!