Altsignals

Altsignals

In our previous analysis we mentioned that we were looking for a reversal at the $14 level where we had the completion of the ABC correction. Price came down to test that level perfectly and bounced! Sometimes when there's a trend reversal, there's a particular price action that takes place such as double bottoms, reversal wedges etc. We may see a double bottom...

Altsignals

We may seeing a brief retracement period, which could bring XRP down between the 0.5 and 0.618 fibonacci levels where we have moving average confluence as well. We'll be looking for bullish price action between 0.70 and 0.75. Trade Idea: - Watch for price to retrace back to the fibonacci levels - wait for lower timeframe trendline break to indicate bullish...

Altsignals

Recently we saw Bitcoin breakout - ideally we wanted the breakout to happen after the bounce on 30k but it appeared earlier. Now our job is to get in on the continuation of the bullish breakout. We have structure and 50fib acting as confluence for the bounce at around the 40k. As long as price stays above that level, the bullish setup will be valid. Trade...

Altsignals

In 2020 when we had the bullish breakout, we saw a very particular sequence of events take place. We saw: 1. MACD divergence 2. Trendline Breakout 3. Double Bottom 4. BULLRUN We are now seeing a very similar sequence of events happening. So far we can see: 1. MACD divergence 2. Trendline Breakout We are yet to see Double Bottom and the BULLRUN. Trade Idea: -...

Altsignals

DASH has recently created a nice reversal wedge and we could be at the start of the bull run. Usually when price breaks out of a wedge, it has a brief retracement before continuing with the breakout. What we are looking for now is a correction on lower timeframe. There's a chance we can make our way back down to the impulse generation point at $40 but we are...

Altsignals

In June 2021, we saw DOT breakout by over 400% after seeing MACD divergence - which indicates a trend is about to reverse. We saw a very similar divergence recently and got a nice breakout. We could very well be making another 400% gain! If we move lower, watch for the MACD divergence trendline to be respected and then enter BUYS. We could potentially make a...

Altsignals

Similarly to Bitcoin, Ethereum was also in a parallel ABC correction. On the 2D timeframe we can see that the recent low had divergence - indicating that the trend is about to reverse. After bouncing off from the parallel channel support, ETH moved up by 40% already! Looking for lower timeframe corrections to take ETH to all time highs!

Altsignals

Bitcoins reversal has been at the forefront of everyones mind for the last 6 month. Not sure if anyone has spotted the parallel channel we're in... We respected the channel perfectly and created an ABC correction. We are now in the impulsive phase so any pullbacks should be bought! Watch out for for lower timeframe bullflags and ABC correction and BUY...

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FLM had a massive impulse in 2021 and corrected for the latter half of the year. We were in a descending ABC wedge and it looks like we broke out of the correction and started the next impulse! Trade Idea: - Enter with stops below the lows (below 0.20) - Targets: 0.70, 1.20, actively manage the rest See our previous post below: Let us know what you think below!

Altsignals

The $100 reversal zone was on our radar since early December 2020. We had the structure and 78.6 fibonacci level acting as confluence for a reversal. In our previous post we mentioned that 2022 will likely be a bullrun for Litecoin - and it looks like we've started! We are currently up 30% from our $100 reversal zone. Looking for further strength from Litecoin...

Altsignals

Since early December, we've had our eyes on the 0.50 - 0.55 level and kept mentioning that that was our reversal zone. Since then price came back down to our reversal zone and bounced perfectly! We posted an analysis on XRP when we were at the bottom and looking for a reversal. Currently it's up by almost 40% and that's just the start of it. Expecting a LOT more...

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C98 was on a massive bearish leg for the latter half of 2021 and we almost took out the entire gains it made. We recently tested the 78.6 fib of the bullish impulse move and we may have found the bottom. IF we do move lower once more, keep an eye on the structure. The great thing about this coin is that its at the very lows. Any move up would be exponential...

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Luna looks to be on the last legs of the correction. We have the structure level at 36-37 where we are looking for bullish price action. In the mean time we can look for one more short trade back to the structure level. SHORT Trade Idea: - Watch for lower timeframe correction break - Enter with stops above the recent highs - Target the structure level at...

Altsignals

After the massive bull run in early 2021, FLM has been bearish for the rest of the year. We are now approaching the impulse generation point once again where we may see a significant reaction. Trade Idea: - Set alerts near the bottom (at 0.15) - Watch for bullish price action at the structure level - Put stops below the lows - Targets: 0.4, 0.8, 1.2 Goodluck!

Altsignals

Tron is approaching the double bottom region from 2021 where we saw a bull run of over 170%! It appears we have one more drop before we reach that level, which can be traded. SHORT Trade Idea: - Watch for rejection of the structure (0.06 to 0.065) - Enter with stops above that structure level - Targets 0.045 to 0.05 LONG Trade Idea: - Watch for bullish price...

Altsignals

Cardano is finally near one of our reversal zone. We're currently sitting on the structure level that we bounced off previously. However, as we're expecting one more Bitcoin SHORTS, it is likely that Cardano may drop once more - to the 0.70 level where we have multiple fibonacci confluence. We can see that we're in a 5 wave impulsive move down and currently in the...

Altsignals

Uniswap is currently within a descending wedge and has been respecting it very well. The wedge is a descending wedge, which is often a bullish reversal wedge. We are anticipating a breakout of the wedge soon with ATH targets. Trade Idea: - Watch for a breakout of the wedge - enter with stops below the lows - Targets: 28, 44, actively manage the rest. Goodluck!

Altsignals

In one of our earlier posts on Polkadot, we were saying that Dot will likely go down to the $10 area where we will be looking to buy - see that post here: We are now very close to our entry zone. We have one more move down before we hit the $10 level - which some were very sceptical about! The move down can be traded but it is only a short term trade. The...