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Altcoin Market Breaking Out: Bull-Flag!Altcoins have been steadily losing value against BTC ever since the March top. However, TOTAL3 (total marketcap minus BTC+ETH marketcap) has finally broken out of a 6-month bearish channel pattern, making it a successful bull-flag break out. It's too early to call for a definitive continuation of the trend, but at least a major long-term pattern has changed as of this week. For now, I'm hoping for a move towards the yellow line, being the 2024 top. With a BTC Dominance at 57.5%, it would most likely lead to a new BTC all-time high if the altcoin market reaches the 2024 top. Potentially exciting times ahead!
CRYPTOCAP:TOTAL3Long
by FieryTrading
2
🔥 ADA: Don't Miss This HUGE Trade!Previously I've talked a couple of times about this massive parallel channel that ADA is supposedly trading in. With the strong bullish impulse of the last two weeks, ADA has created a perfect swing low for us to trade on. With a target at 25$ (long-term) and a stop just below the swing low we can create a potentially amazing trade with a R/R of over 135. If you find 25$ too risky, you can lower the target to 5$, which still has a good R/R.
Long
by FieryTrading
13
❗ Bitcoin extends falls on Silvergate fallout, 21,398 in sight, BTC/USD has been falling despite the relative calm in stock markets. Fed Chair Powell's point that no decision on a big hike had been made did not impact the cryptocurrency. What does hurt Bitcoin is the crypto-industry, most recently the troubles at Silvergate. The crypto lender is under investigation, as part of the ongoing fallout from FTX's collapse. After some consolidation, BTC/USD fell decisively below 22,131, and is heading toward 21,398. The next cushion is 20,000 .Resistance above 22,131 is at 22,612. I expect further gradual falls, despite the fact that the 4h-RSI is below 30 once again, indicating oversold conditions.
Short
by Shahinjavidi
AXSUSDt 4H Hi everyone Before the AXS price can move to a new record, it must cross a key resistance level. The first key resistance is the downtrend line, which acts as the upper limit of the chart pattern at $ 136 Note that the price may stop when it reaches the $ 144 level and then move towards its historic high of $ 155 Subsequent resistance is $ 169 and $ 187 By crossing these levels, the price can climb to the $ 215 target However, if buyers fail to implement such a scenario, the AXS can be revamped again to the $ 129 level, after which it will fall to $ 125 The $ 122 level will act as support Prices are not expected to fall further, unless there is a massive jump in sales orders, which could push the price down to $ 96 Thankful What is your prediction?
by shayanfb
5
Ethereum - the big drop is coming soon 😱😱Ethereum has broken the local trend line and is now near it. If the price tests the trend line as resistance, it would be a good opportunity to sell. The price could then approach the nearest trend line, which is now strong support. If price starts to squeeze towards this trendline it would be a signal for a new downtrend move. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Short
by Yuriy_Bishko
29
DOGE USD It's Noobelisious !The Content is not intended to be a substitute for professional trading or medical advice , diagnosis, or treatment. Always seek the advice of your broker, physician or other qualified advice provider with any questions you may have regarding any condition or feeling you may have. This product is not intended to diagnose, treat, cure, or prevent any symptons that may or may not have been caused by fud or fomo. Be aware that consuming hopium is solely at your own risk and that moderation is strongly adviced if you choose to do so.
BITFINEX:DOGEUSD
by Rekt4Sure
7
Ethereum - Ascending triangle formed. Bull Run? ETH/USDEthereum - Ascending triangle formed. Bull Run? ETH/USD Hello dear friends - we have a cryptocouple under consideration ETH/USD Graph - 1D TF. The formation of an ascending - bullish triangle. The purpose of which is the ratio of the percentage of growth between the levels of the given triangles Targets (grean mark) Also, do not forget that this coin has a very promising project that will bring the new blockchain infrastructure to a new level. But don't forget, this is the crypto market - an important support zone - 1200-1225 In the event of its breaking, This preangle will not be worked out and the work will continue with the accumulation, forces moving away from level to level. absorbing all this growth with it. (Perhaps part - I will not guess on the coffee grounds) I am just writing to you what we are working on in private ideas. Wait for the true creep above or below the boundaries of this triangle and earn.
by UnknownUnicorn13204076
2