This is the signal... It doesn't matter what Bitcoin does at this point, when you see an Altcoin growing 590% in a single candle, a signal day; that's the signal. HYVEUSDT removed almost 1.5 years of bearish action in a single day, and we are looking at the same pattern we've been seeing with hundreds of Altcoins. This is proof positive that the Altcoins are...
For Cashaa, CASBTC, I am going to mentioned just two signals for you; simple signals. 1) Flat bottom. Price action went flat right around March 2024, the exact month when Bitcoin peaked. The bottom going flat means the bearish wave is over. 2) Long upper shadow. Notice the session marked "2-Sept." on the chart. This is an attempt at breakout; this is the removal...
Think of this... If the "low" in 2023 led to a strong bullish wave, how much stronger can the bullish wave be now after a major lower low? Let's dive in, we already went through the greetings. Bullish signals: Tokoin (TOKOBTC) is coming out of a strong falling wedge pattern; price action went flat; we have a strong bullish breakout on the daily; rising volume;...
Another support level is lost in the form of EMA34 on the weekly timeframe... Good Monday my dear reader, how are you feeling today? Tomorrow we will have really high energy with a super full-Moon; will this be the trigger for the crash? Bitcoin has been in a downtrend for six months now, fully confirmed and no signs of this pattern ending, in fact, it is being...
Hello my fellow Cryptocurrency trader, I hope you are having a wonderful day. Here we are looking at Verasity and I want to show you a few things that can help you improve your TA. For this analysis, we will consider mainly the "chart structure." The pair is VRABTC. Notice the big "mountain" and its "peaks," these are shown yellow on the chart. These peaks...
We have many great LONG opportunities right now, buy opportunities; this is not one of those. Sun Token (SUNUSDT) produced a major bullish wave, really strong. After a bullish wave comes a bearish wave. After prices produce a strong rise; down we go. There are many great choices right now available within the altcoins market. There are truly many, many great...
I can see some 50M USD in LONGs liquidations being reported at Coinglass for Ethereum in the past 24 hours... My friends, the bearish wave (correction) is not over. Ethereum can easily hit $1500/$1750, or even lower. Some calculations put the bottom at $1200 or even $800. It might not go that low but I'll tell you what, it is way too early go LONG. Wait...
We have two major lows to consider on this chart; STPTBTC. ➖ The first one happened September 2019 at 72 sats (0.00000072). Immediately after this low was hit, a bullish wave develop and totaled 789% growth. Nice! ➖ The second one is the ATL (All-Time Low), happened January 2021 at 41 sats (0.00000041). Immediately after this low was hit, a bullish wave...
Hello my friend, let's review another chart and this time we have STPTUSDT. What does it say? In August 2024 a major low was hit, this low ended up higher than the low that was hit more than a year prior in June 2023, thus we have a higher low. Still, it looks tricky? ➖ Will it grow if Bitcoin goes down? ➖ Will it grow regardless of Bitcoin? ➖ Will it crash if...
My dear reader, here we have another "ending diagonal," the same pattern we reviewed twice earlier today. ➖ XDC Network (XDCBTC) is now turning bullish. After a "down-wave," the action becomes less steep and the "ending diagonal" develops. We could say this is simply the slowing down of the bearish wave for the actual reversal. ➖ XDCBTC produced a low late...
My fellow traders, here we have a classic bearish chart setup. ➖ Bitcoin has been consolidation with a bearish bias now for six months straight; it has been printing lower highs. ➖ Volume has been dominant on the bearish side and the BTC side of the Altcoins market is decidedly bullish. These signals are telling us that Bitcoin is likely to move down next;...
Monero is something different, and yet it is the same. Monero is Bitcoin but private. A private Bitcoin. Here we have a really, really long consolidation phase. We are looking at 959 days where Monero (XMRUSDT) has been moving within the same price range. This price range, between 190 and 120, was actually first activated in November 2021, so this consolidation...
Here is another chart that shows how the Altcoins will behave if Bitcoin moves lower (or higher). I will sum up the whole dynamic I've been explaining in the past 45 days in this trade-idea. Bitcoin is trading really high, around 60,000, the same as back in March/April 2024. Here we have OmiseGO, and recently this pair hit a new All-Time Low. OmiseGO is trading...
The last time Ren Protocol produced a major low vs Bitcoin was in August 2018, more than six year ago, 2,177 days... Good afternoon my fellow Cryptocurrency trader, how are you feeling in this wonderful day? I remember when I first found this pair in 2018, it was a "hidden gem," but what about today? Today, it can't be better, we are looking at the lowest...
Now, this is truly short-term... The 215% target. Secret Network is trading at a new All-Time Low and growth potential goes beyond 1,000%... It will be something big. But this chart only shows the reversal and short-term signals. Once we are in, a great entry price, the market will take care of the rest. The most important part for spot traders is to buy...
This is a nice one. A chart like this reveals pretty quickly its potential. LTO Network (LTOBTC) moved above a "long-term resistance," this is marked on the chart with a blue bold line. It is easy to see how this level worked as resistance in late 2023 and also early 2024. After this level was broken, we saw growth. The correction sent prices below resistance...
Different chart, same patterns. The Cryptocurrency market is one. All the pairs and projects have a strong connection when it comes to their charts, movements, cycles and price patterns. ➢ What one does, the rest follows. Here we can see Celestia (TIABTC) producing the same price dynamics, same patterns and conditions we just saw with Stargate Finance...
Good Sunday my dear supporter, let's stat with some simple signals and we will go deeper into the market dynamics as we warm up. The first chart today is about Stargate Finance (STGBTC). The pattern in blue is called the "ending diagonal," it shows up at the bottom of a trend. Stargate Finance has been going down since February 2023 vs Bitcoin, and it seems it...