New Altseason - Are You Ready? Hi, this is my new update for Total Market Cap Exclude BTC. We are ready to set a new ATH soon. We have completed a cup and handle and by the definition of cup and handle we are going to repeat bottom to top (127% gains) again when we are going to break ATH. We have already broken one of the must important trendline today, so everything is ready to takeoff, so be patient and don't panic ;)
Cryotocurrencies
SLPUSDT is on its way up!SLP was in a downtrend since mid-July and broke slightly below the then all-time low of 0.614 only to be bought up again.
2 days ago it broke out of the yellow downward sloping trendline that was keeping rallies in check, with huge volume and price breadth.
Today it revisited the trendline, found support and is inching back upwards again. This may very well be the start of a great uptrend.
If it breaks the most recent high of 0.1039 within the next couple of days or so it is a great sign and I will be adding
$RAY Potential LongAlthough overall market context a the moment is bearish, with Solana dropping which is also heavily correlated with ray, these are the two entries im looking at. If this range holds up well, im looking for a long either off the range, or if it breaks through the range ill be looking at a long from the demand zone between 8.2 to 8.9. Will be waiting to see how this plays out.
BTC climbing on the 2hrNot a financial advisor.
Short term update real quick on BTC. BTC should see about 50 - 51k here. Before it retests the 200 MA on the 2 hour chart. Creating some bullish divergence.
I'm projecting a call for 71K over the course of about the next month. (certain factors may disrupt that) I really like the weekly chart.
I'm not in BTC, this just plays a vital role to the overall crypto market.
TRU ready to ripTruebit. Get ready to rip front line on the public health blockchain "Want to learn how Truebit could improve the world of public health data? Dr. Steven Teutsch, a leading voice in the public health sector, discusses the potential of Truebit here" lastest tweets, delta up + alpha on this sector
ETHUSD RETEST UPTREND The ETHUSD chart has been follow the H.L pattern.
You can see the R1, R2 and R3 = retest forming from the previous consolidations.
The market is still in its correction state, it is very advisable to enter the market at my down position and set risk management theories backing your daily trade
We will remain on the uptrend for some time and it will be forming a very strong resistance at 3,700
Always remember to trade safe.
Leave a like and comment below it will help us for more better updates and analysis.
Cheers.
Bitcoin downside range break out is likely aiming 18k - 21k Bitcoin is trading inside the 30k-40k range since many weeks and likely to break the range bottom aiming the Stop loss cluster areas below 25k . Ideal level to invest is around 18-21k ,splitting position and entering long positions at every dip till 20k or slightly below is ideal in our opinion. On the other side , scalping inside the short term range is also good with tight stop loss /stop orders .
Bitcoin under pressure right now !Hello folks, hope you doing well.
Idea regarding current bitcoin price movement, will not take too much your time and keep it simple.
Looking at two possible scenarios right now, the price can face some resistance at the red box. Price is still under pattern so rejection will take price to the lower trendline.
Hit the like button for more quick updates :)
Bitcoin - Is the Party Over or Has It Not Even Begun Yet?What has been going on with Bitcoin lately? Is it ready to breakout to new all-time highs or is it actually starting to form a top?
The arc illustrated in the chart is a common topping pattern, so if you are a Bitcoin bull (which I am), you don't want it to keep staying within that arc. You would want to see a break upwards out of that arc for confirmation that this bull market cycle is not complete yet. As for downside risk, Bitcoin needs to hold the first green support line around $49K. Below that, the *must hold* support line is the thick, green rising support line currently around $30K.
Let me be clear on this - I do not think that we are at the top, BUT it's interesting that a topping arc pattern has started forming, so it's at least worth watching.
COINBASE:BTCUSD really needs to join the party soon. I fully expect it to.
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ETHUSADETH/USD
ETH is been running up and down to make and test to another bullish.
It's advisable to set a stop loss when trading on this market.
Another test position will be considered soon.
Good luck.
total crypto markettotal crypto market is sinking but i will call it retracement, i missed checking this before giving the crypto analysis on my channel, but now we have a better view, until we see anything that forms bullish before we can decide, else we see a sell bias, meaning people panicking are selling off cause of the fast fall, that's a nice falling wedge there, there's a support line and trendline below, eyes on them, more ideas will help pls
CAKE IS BULLISH UNLIKE THE MARKETGreeting from IRAN to whole trading community ✔💙
CAKE is moving through an ascending channel since 21st March
CAKE could maintain in it's ascending channel unlike most of the market that lost their bullish momentum after that massive sell-off has occurred in market
CAKE is above its major support 26$
As long as it can stay above 26$ , we expect from CAKE to rest then attack to its ATH and rise above 30$
KEEP IT SIMPLE :)