AlphaBotSystem

AlphaBotSystem

💬 Bitcoin might have taken a bearish turn as big tech dropped today, but don't let the short term price action fool you, Bitcoin is still looking bullish. Let's compare some historical price action during Bitcoin's previous uptrends to see why the top likely isn't in. Hit that 👍 button to show support for the content! Help the community grow by giving us a...

AlphaBotSystem

⚠️ The YFI bulls keep pushing the price up. As crazy as it sounds, $50k YFI is clearly on the table at this rate. On the one hand, you have the use-case that Yearn makes yield farming easy. On the other hand, you have the YFI mania. Put the use case, bullish chart, and FOMO together and what do you get? We think you get another leg up to at least $50k. All that...

AlphaBotSystem

✅ ETHUSDT's chart looks excellent, and the on-chain analytics back up the bull case. The DeFi boom is helping to bring life back into crypto after an already rather epic crypto run, and much of the recent excitement is focused on Ethereum-based projects like LINK, YFI, LEND, OMG, etc. We think the general bull market for tech, and the bullish sentiment from...

AlphaBotSystem

💬 Any cross-section of DeFi will look good due to yield farmer FOMO. However, some serious projects like LENDUSDT, YFIUSDT, CRVUSDT look especially good to us from both a TA and FA standpoint. Yield farmers can utilize LEND's AAVE platform to farm Curve's yCRV using YFI Vaults. Meanwhile, while Curve's current chart looks a bit like how do you say 💩, the...

AlphaBotSystem

This illustration explains the functionality of TradingView's Long/Short Position Tool and is intended to help new people looking for more information on this tool in a "novice friendly" format. TradingView’s position tool will aid you in pre-planning and pre-evaluating trades and as such should be an essential part of every trader's toolkit . Note: At its...

AlphaBotSystem

Introduction: 💬 The weak dollar, DeFi hype, and tech boom during COVID have been great for crypto. This can be seen by looking at Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK). This doesn't mean we won't see a correction after the current consolidation period (something we are already seeing a bit with LINK), it just means overall things have been up-and-up...

AlphaBotSystem

💬 The SPY (ES1!) and DJI (YM1!) are both approaching resistance according to their futures contracts charts (ES1! And YM1!). Do we get a pullback here, or does the Dow retest its previous top while the other indexes run? We think both moves are in the cards. Given that, let's look at some support and resistance levels to get a sense of what might come next. Hit...

AlphaBotSystem

💬 MGM International Resorts (MGM) is rolling out its new 'Viva Las Office' campaign to get people to work from Vegas. That could help drive business to MGM properties, which could be why the market is showing us some bullish options flow and decent price action. While we are skeptical this single event makes a giant impact, we think all these factors together...

AlphaBotSystem Updated 

Introduction: 💬 Tech has been in a non-stop uptrend within an uptrend channel as seen on this NASDAQ (NAS100USD) chart. While COVID has been rough in general for traditional businesses and the dollar, tech has had the unique fortune of benefiting from the recent stimulus fueled low-rate lockdown. With this strength in mind, and with top sector companies like...

AlphaBotSystem

💬 Bitcoin still looks strong despite being rejected pretty hard at $12k. Let's take a look at some key levels for Bitcoin to see what's next for the king of crypto. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Support: S1: The S/R flip here is a valid support level, and there is a lot of...

AlphaBotSystem

💬 Ethereum (ETHUSDT) is still looking strong after that massive move up and subsequent quick flash crash. With that in mind, the first order of business will be breaking resistance while staying below clearly defined support at the previous range. Let's take a look at some levels to see what the ETH bulls are up against. Hit that 👍 button to show support for...

AlphaBotSystem Updated 

💬 As confirmed coronavirus cases ticked up in the US at a faster rate than in the other countries shown on the chart (a selection of EU countries Germany, Italy and Spain, the UK, Canada, and China) we have seen a subsequent weakness in the US dollar compared to the currencies of those countries (as seen by EURUSD, GBPUSD, CADUSD, and CNYUSD). As you can see...

AlphaBotSystem Updated 

🔑 Bitcoin has been consolidating for a while now, volatility is low and each attempt to move in either direction keeps getting rejected. Let's take a look at possible pathways to have a plan for when we do move. Support. If the bears can force Bitcoin out of this current range to the downside, then the S1 bullish orderblock and S/R flip should act as a...

AlphaBotSystem

Bias: 🔞 This is a requested chart done for one of my supporters and simply highlights this current price action structure and how this could continue from this support range up to what is the next nearest resistance ranges to keep in mind. On the flip side if we head down much lower seeing anything lower than S2 would be very detrimental to the current bullish...

AlphaBotSystem

💬 pNetwork (PNT), like most other DeFi charts, has been moving and looks like it'll keep going. Just take a look at how hard this ran since we suggested it on our watch list at the start of the week by comparing the posted chart to the one below (wow, right?) That run was nice, but we think it can get nicer. So, let's take a look at some levels for those PNT...

AlphaBotSystem Updated 

💬 The NULS + Nerve Network and Bitcoin staking services news is almost as bullish as the potential bullish reversal we are seeing on NULS's chart. Let's take a look at some different timeframes to see what NULS is up to. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Hourly Support: S1: The...

AlphaBotSystem

💬 IoTeX (IOTX) looks like it is gearing up to break resistance. Let's analyze this bad boy of blockchain and Chainlink partnerships to see if the bulls can break on through or if the bears will end the glory here. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Support: S1: The first support...

AlphaBotSystem

💬 Stratis ( STRAT ) showing price movement that can be seen on multiple time frames (as we will illustrate). That, along with their latest achievement of interoperability between their blockchains and IBM's @Hyperledger blockchains, is reason enough to be excited. Let's look for some levels on the 1h and 4h. Hit that 👍 button to show support for the content!...