Altsignals

Altsignals Updated 

In our last Litecoin analysis, we identified the buy zone of $100 where we have many confluences supporting our long term buy idea. We are looking for one more move down and it looks like we may get that as we appear to be in an ABC expanding correction. See below for the lower timeframe analysis: Once we reach the $100. we can look for buys. Goodluck!

Altsignals Updated 

Ethereum is showing us some really nice impulse and corrections and appears we are at the bottom of a correction now and ready for the next impulse. Trade Idea: - Enter with stops below the 50 fibonacci (risk entry) - For confirmation, wait for the break of the red descending trendline (safe entry) - Target the recent highs as first target and then the -0.27...

Altsignals

In our last analysis, we were waiting for price to reach the $10 level. We are now there and looking for bullish price action to indicate reversal. We can see that we're in a wedge pattern and looking for a break out of the wedge for confirmation. Trade Idea: - Risk entry = bounce off double bottom - Safe entry = wait for wedge breakout and then enter - stops...

Altsignals

Matic has been in a steady uptrend and we've seen a correction leading to the 61.8 fib and ascending trendline twice before. We are now seeing the same setup for a third time! Trade idea: - Watch for bounce off the trendline and 61.8 fibonacci - enter with stops below the trendline - Target the -0.27 fibonacci See below for our last 2 Matic analysis:

Altsignals Updated 

Stellar is approaching a very interesting level where we may see a breakout or we may reject for the final time to reach our ideal buy area of 0.20. SHORT Trade idea: - Watch for lower timeframe trendline break - Enter with stops above recent high - target the 0.20 Breakout Trade Idea: - Watch for a break of the descending black trendline - Wait for a...

Altsignals

After our last FLM analysis, price broke out but then came back down to revisit the bottom. We can see that we're in yet another descending correction which could lead to a break to the upside. We saw a similar pattern happen on Bitcoin last year, which broke to the upside to create new ATH's. See below: Trade Idea: - Watch for break of the descending...

Altsignals

In our last analysis, we identified 2 areas where Kadena can reverse from. Our first level failed to hold and so now we are looking at the -0.27 fibonacci level. For confirmation, we can wait for daily bullish candle and to go further, we can wait for the break of the descending trendline to confirm reversal. The key level to look at is the 3-4 area where we're...

Altsignals Updated 

We have a great opportunity for short term trades for Polkadot with very minimal risk. We have both a buy setup and sell setup. Buy Setup: - Watch for a break of the red descending trendline - Enter with stops below the recent rejection - Target the -0.618 fibonacci Sell Setup: - When we get to the -0.618 level, watch for rejection - Enter on rejection with...

Altsignals Updated 

ChainLink recent gave us an ascending correction which indicated to us that there's a correction coming for more upside or a reversal. In this case we saw a correction in the for of a descending ABC channel, which is currently showing rejection at the 618 fibonacci level. Trade Idea: - Watch for a break of the descending red trendline for entry - Put SL below...

Altsignals Updated 

Avax broke out once it reached our structure level at 80. We are now seeing an ABC correction for another move higher. Trade Idea: - Watch for break of descending red trendline and enter with stops below the recent lows - Risk entry would be now with stops below the 618 fibonacci - Take your positions off at each of the fib levels: 0, -0.27 and 0.618 Goodluck!

Altsignals

AMP is approaching a level where we can either reject or breakout. If we do reject this level, the -0.27 fibonacci level would be next best place to look for buys. There's 3 ways you can trade this. 1. Breakout trade. Once price breaks the descending trendline, enter with stops below the lows 2. Short rejection trade. If price rejects the descending trendline...

Altsignals Updated 

Polkadot could be making one more drop before we get to our ideal buy zone of $10. We appear to be in an ABC expanding correction now and looking for one more move down which we can capitalise on for the short term. Short Term Trade Idea: SHORT - Watch for bearish price action at the 32.5 to 33 level - Watch for ascending trendline break for an extra confluence...

Altsignals

Kryll has been showing us some beautiful price action. We can see that since the major impulse in late October 2021, we've been in a massive correction consisting of smaller impulses and corrections. It is evident that the minor impulses down (marked in red arrows) are getting smaller and smaller, indicating that there isn't much momentum for the downside and...

Altsignals

Jasmy is approaching the ideal place for reversal which is the double bottom region at 0.0600. Keeping an eye out for a double bottom reversal. We may also break out early - if we do, watch for a bullflag after breakout to get in. Trade Idea: - Watch for price to approach the double bottom region - Once bullish price action appears, enter with stops below that...

Altsignals

In our last Alpha analysis, we had our first breakout trade which played out really well, amassing almost 400% raw gain! (See chart for idea) Once again we find ourselves at another descending correction and watching for a breakout. We have 2 structure levels which we are focusing on. If the current structure level fails to hold, watch the lower structure...

Altsignals

1INCH has bounced off one of the 2 levels we mentioned before in our previous post. We can see that the parabolic curve is flattening, indicating that we may be breaking out soon. For confirmation of breakout, wait for the break of the parabolic curve. Trade Idea: (if you haven't entered on the bounce of structure already) - Watch for breakout of parabolic curve...

Altsignals

In our last AVAX analysis, we mentioned that we would see one more push down for the C wave completion. We've reached out target area for buys now and already seeing nice bullish pressure. Trade Idea: - enter with stops below price rejection - Targets: 125, 145, actively manage the rest Please bare in mind that price may come down to retest the 50fib again...

Altsignals

In our last analysis we had 3 levels where we were looking for reversal. The most recent level of 0.17 failed to hold so now we look at the next level which is the 0.08 level. It's important to note that we want to be reactive whilst also being proactive. Proactive in the sense that we look for areas of interest where price may react. Reactive in the sense that...