CryptoAlkaline

CryptoAlkaline

Good morning, Alkalites. After yesterday’s pump, Bitcoin is trading near the $45k area and it seems that it has started a new phase with induced buying activity. It would be sensible to expect a fast sell-off considering that we are near the macro range resistance. It is advisable to stay away from trading the current situation, and if we see a retracement that...

CryptoAlkaline

Hey, Alkalites! If you want to invest in cryptocurrencies and know how to recognize long-term opportunities, you should start learning the technology behind them. Do you know what a consensus mechanism is? Consensus decision-making is a process in which group members agree to support a decision in the best interest of the whole. In other words, this...

CryptoAlkaline

Hey, Alkalites. It seems that Bitcoin wasn’t ready to leave the accumulation zone. We are still trading within this range. Trying to catch some micro retracements to place shorts would be an interesting approach. Next support should be at the $34k level.

CryptoAlkaline

Ripple has been bouncing between the $1 - $0.5 levels since the SEC lawsuit FUD was released. These levels are considered as good zones to trade because of the purpose of the coin, make transactions and payments between institutions faster and cheaper than traditional methods. After some time, it seems that Ripple may win the lawsuit. In this case, investors...

CryptoAlkaline

Hey Alkalites! Ethereum has bounced nicely from the $1800 macro support. When looking at the daily chart, we can clearly state that Ethereum has turned bullish again, and we could have enough volume to reach at least $2400. Also, our strength indicators show that buyers had more power this time, and this bullish divergence could give us a clue about the next...

CryptoAlkaline

Good morning, Alkalites! BTC is trading within an ascending channel near the $31k macro support. The fundamentals and technical aspects have turned into bullish sentiment. Furthermore, exchange balances are drowning at the same levels as when Bitcoin was trading near its ATH. We may see Bitcoin rebound from these levels if we do not receive more FUD. However,...

CryptoAlkaline

As requested, here is our Cardano analysis! We have seen Cardano bouncing from the same support level since the start of the current bull-run. The $1 psychological level is considered as a great entry point for retail buyers. Also, spikes below this level are usually reversed by low frequency buyers. At the moment, we have seen a massive bullish candle that...

CryptoAlkaline

Hey, Alkalites! How's it going? How is the technical situation looking this week? We have stayed during the lasts two sessions in a panic mode, which led to a period of consolidation. Most coins are down -50% from their YTD high and the absence of bullish momentum has dissuaded market participants from trying to catch the falling knife. Although it is not...

CryptoAlkaline

Just like Bitcoin, ETH is green today. We have drawn our psychological levels, where we expect the price to react. From now, we will be looking for futures long opportunities in low timeframes if Bitcoin shows bullish strength and Ethereum retraces enough to trade comfortably. Hope you take advantage of these, Alkalites.

CryptoAlkaline

Good morning, Alkalites! Today we will talk about Cardano! We have seen a nice downtrend aiming for this bull-run demand zone around the $1 psychological level. We have placed limit buys at $1.15 and $0.80 levels, trying to take advantage of the upcoming swing moves. Furthermore, we believe that if Altcoins prices burst, there should be enough liquidity below...

CryptoAlkaline

As requested, here is our Ethereum analysis! From a technical view, we have identified some psychological levels following the round number strategy and the s/r in the chart. Also, our strength indicators show us bearish weakness, a sign of a possible reversal incoming. Regarding the fundamentals, Ethereum is too attached to Bitcoin. However, the recent...

CryptoAlkaline

This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet. Our analysis...

CryptoAlkaline

As you can see here, Bitcoin is still within our psychological range. Let's see if the highlighted wick has gathered enough liquidity to start another bull run. If not, we will be stuck between these levels until something triggers the breakout.

CryptoAlkaline Updated 

Taking into account that the price is driven by orders proportional to its growth since 2018, this correlation could occur in 2021 between order volumes and the expected dips. Remember that Bitcoin is part of a developing market, comparable to the dot-com bubble. What's your opinion? Stay tuned on our updates!

CryptoAlkaline

This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet. Our analysis...

CryptoAlkaline

Good morning, Alkalites! As promised, today we will start our Altcoin portfolio! ⚠️ How are we going to do it? This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of...

CryptoAlkaline Updated 

Good morning, Alkalites! We have seen some recovery in BTC prices despite the recent dip caused by a retail structure. From a technical point of view, Bitcoin is still respecting our psychological levels. However, it drew a retail downtrend that is driving prices lower in our structure. Regarding the fundamentals, negative news has stopped for a while, so from...

CryptoAlkaline

How's it going, Alkalites! Today we bring you good news, as BTC crossed the $40k psychological area! Regarding technicals, we can see that Bitcoin is fighting against retail oscillators sentiment, respecting our last psychological levels. We could expect some struggle with the 4H 200 EMA, if BTC closes above it, we could see some bearish relief. Bitcoin...