ALT SEASON INDEXsoon alt coin will move #AltSeasonTurn
Alt season index showing bearish crab pattern hence will move to upper area before correction.
ALTPERP trade ideas
ALTCOIN SEASON ! LONG ACCORDING TO
the divergence , trend line , support
we expect that bullish trend happened
BUY YOUR FAVORITE ALTCOIN NOW!
suggestions:
ADA
DOT
SOL
THETA
DYDX
MATIC
AAVE
FTM
NEAR
XLM
FTT
QNT
PERP
Historically good entry pointsRegular bullish divergence into oversold territory is generally a good spot to get exposed to altcoins.
ALTPERP D1: BULLISH CHART: 200%/400% gains in 2021(NEW)Why get subbed to me on Tradingview?
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ALTPERP D1: BULLISH CHART: 200%/400% gains in 2021(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ALTPERP 1days/candle chart review/outlook
::: long-term accumulation in progress
::: bullish outlook for alt coins in 2021
::: after we get a correction next few weeks
::: already broke out of range however
::: expecting throwback into range
::: to re-test mid range before JUMP
::: to complete the sequence
::: before it can finally shift into BULL MODE
::: correction is REQUIRED
::: later we can pump 400%+ from that base
::: but that's not until end of 2021
::: limited upside short-term correction
::: bulls have to WAIT AND BUY/HOLD
::: after correction is COMPLETE
::: recommended strategy: WAIT/BUY/HOLD
::: TP BULLS is +200%/+400% gains in 2021
::: this is BUY/HOLD Setup
::: for patient traders only / no fast gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/SWING/CORERECTION
::: Sentiment outlook mid-term: BULLS/MASSIVE PUMP
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Past performance is not indicative of future results.
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WARNING!!! THIS MUST HAPPEN IF WE WANT TO SEE ALTS FLY.Good morning my friends, my analysis on $BCH was taken down because i might have violated one of the house rules unknowingly to me but its sorted now, and that trade hit my stop because of the unforseen $LTC & BTC manipulation.
so back to the chart this is ALT index has we can see forr the past few days btc have been moving sideways which has caused ALTS to suffer... now it seems btc is growing and its needs to to break amd close above $47753 resistance before we can start loooking for any long oppurnity but i say we stay off alts for now because btc dominance is also rising and you know what that means.
take a good look at this chart we need to break current resistance and retest before further growths of ALTS else we might dump from here and test current support again and God helps us btc dont dump with it cause it will be a blood bath for alts.
stay safe i'll update you guys if needed.
ALT-PERP ReferenceAlt Perp Reference 8/19/21
Thoughts
-Most coins will follow the same or similar patterns
-Alts on support ~ BTC near support
-Extended run rarely pulls back vs Feb Alt szn
-BTC Dom hella low
-What happens when btc.d rises
-W Reversal Patterns, usually reverse bullish again
-Some coins shoot str8 up after b/r daily s/r, why? str8 drop/gaps/vibes
-M,W,M?
-What would I do if I was an institution
-Euphoria, DCB?
Crypto market looking heavyHey guys,
Just looking through some crypto pairs and I belive this is the next move we're going to see.
I believe we'll see the alt-index face a significant drop; however, I'll need to see confirming price action in this area.
I'm liquidating majority of my alt positons and keeping them in cash in case of a significant discount to accumulate!
Alts should go up We are confirming important resistance on alt index that's why I expect break out soon
ALTPERP dump 15%altcoin possible 15-20% dump, I see it testing the breakout if it holds we see another high if not we dive deeper
Can Alt Coin Fly Once Again ?If I use 3 drive pattern in this Trend, I found altcoin can go up 1 more and get a correction. This Correction will go to wave 2 of the Elliot Wave Theory
Altcoin Index is forming for another rallyHigher level 4th wave is still in formation and based on FTX's FTX:ALTPERP will be in accumulation in the next a few weeks.
I expect the next wave will start around August.
ALTCOINS PERPETUAL 1 DAY CHART UPDATEHello folks,
Here's a quick update on Altcoins Perpetual. From 27th Jan 2021 onwards, ALTPERP formed a rising wedge pattern and we saw a good rise in the altcoins. But since the 19th of May 2021, we saw a breakdown of the rising wedge, and the whole altcoins fall badly.
Now, the current scenario of the ALTPERP is still in a bad shape because it has formed a falling wedge. Right now it is at the support 1 level, we may possibly see a bounce from here, and if not then the price may reach the 2nd support level.
This won't be good for the altcoins but it does not mean that it will keep on falling. Remember, the market never goes straight, it is always in a zig-zag pattern.
I hope you like my ideas. Do like and comment.
Until then stay safe and take care.
Altcoin Index Forecastcurrently, we are seeing price formed a rising wedge pattern that indicates price might continue its bearish trend, wait for decent price rejection on resistance level if you want to short this asset. good luck traders!
**Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
alts relief rally on dailydaily yes, weekly still down, so basically you will make money coming weeks on alts but be careful for weekly pattern
Alts need to Bounce from Here!It's more likely than not, but if not then we will unfortunately retrace much lower
ALTPERP - Next impulse might be on the doorAlcoin index breaks the trendline and makes a small flag above, clear indication of continuation to the upside
Bulls Price is currently over resistance line,
If it doesnt go straight up to higher price it will first go into Consolidation within 73-100 of the Fibonacci retracement before going up.
Target is 138-150 of Fibonacci retracement (blue box)
Altcoin are going to flyOn the weekly, there wasn't even a red candle during crypto history's greatest liquidation.
