CryptoAtlasAcademy

CryptoAtlasAcademy

BTT/USDT price is currently on a range, value area where big investors accumulate positions. Price broke a global descending trendline and it has retested it perfectly. We have the 200 period EMA and the 50 period EMA acting as support. The target is the next value area which is around 80% uprise. I would open a position in SPOT or use futures with a technical...

CryptoAtlasAcademy

I still think BTC has room to climb up and market will follow. BAKE is on sale, it is in a great value area, on top of that it broke a global trendline and it is finding support on the trendline and 50 period EMA. I think it is a good buying opportunity looking at a minimum of 100% target, great for spot and if you are using futures, small volume with an ample...

CryptoAtlasAcademy

BTC is in range accumulating, on the daily chart we can see the range and the support around 58K it is possible that BTC test that support again although in the hourly chart we can see a beautiful ascending trendline that if not broken to the downside I think we could see a potential breakout to the upside, specially if price squeezes to the resistance.

CryptoAtlasAcademy

I have compared ethereum and ethereum classic charts, I remember ETC skyrocketed when ethereum reach last ATH and TA is showing that Ethereum is ready for a new ATH. We have seen history repeating itself several times. On top of that ETC chart has all the preconditions we look for a breakout: previous SL hunt, price squeezing to trendline, value area, long range...

CryptoAtlasAcademy

ETC has been on accumulation for a long time, it is a good sign for growth. Some other preconditions for breakout include: previous SL hunt, big guys look for liquidity to be able to accumulate bigger size positions. Previous bull trap, price is squeezing to the trendline and it is in a value area. After confirmation (breakout) I will open a trade.

CryptoAtlasAcademy

My approach to breakout of support and resistance levels: On this chart we can see a support level that is broken and it clearly turns in to a reistance, not letting the price rise above it. At this point our objetive is to analyse and find a good entry, once the resistance is broken and retested means that it acts as support and we can expect the price to follow...

CryptoAtlasAcademy

I opened a long position in KAVA with a 1:9 R/R price is down nearly 60% from ATH and on my eyes BTC still bullish. Price is in a value where investors could be accumulating positions. On top of that the price broke a descending trendline and it is now going for a retest. Our SL is protected by the trendline as well as the last swing low. My SL is slightly bigger...

CryptoAtlasAcademy

AAVE/USDT has been in range/accumulation for 97 days and it is down 50% from ATH meaning for buyers the alt is currently on a value area. Personally I will trade breakout as price is crossing trendline, I will wait for a candle to close above the trendline or a retest. I am aiming at a 1:7 R/R always protecting my capital but I think it is still a good long term...

CryptoAtlasAcademy

SFP created a nice falling wedge and we can see a bullish divergence, it is trying to break the trendline and price is holding on the key level, if we see momentum I think it can create a beutiful breakout. I will always use a SL not bigger than 3% and always protected by trendlines, key levels or EMAs. I aim for a 20% rise on this coin protecting my capital by...

CryptoAtlasAcademy

After every ATH Bitcoin has always corrected between 15% - 30% I do not believe correction will be massive but I would not be surprised if we re-visit 57 - 58K Another detail to mention is that volume is not high so that means long term investors are still holding but FOMO and greed will make an impact. Fear and greed index indicator shows Extreme Greed (84) and I...

CryptoAtlasAcademy

Lina has been on acummulation range for 5 months as you can see the fixed range volume indicator shows us a massive value area. Price is squeezing to a descending trendline and if price breaks through, we can see a huge uprise.

CryptoAtlasAcademy

I really like the daily chart of VET, as we can see price was supported by 200 EMA and 50 EMA. Price is over 50% down from ATH, that means it is in a value area. Price is squeezing torwards a global trendline and there is no big volume at highest price so I think this altcoin has potential for a nice breakout.

CryptoAtlasAcademy

Similar set up to GRT, Price down from ATH 80%, Volume at bottom increased, price slowly squeezing to the trendline and found support on the key level plus it has been on a range for over 40 days, accumulation phase. I would wait for a breakout and retest of the trendline to open a postion. Always look for low predictable risk entries and great risk reward ratio.

CryptoAtlasAcademy

GRT/USDT is down over 70% of its ATH, price broke the descending trendline and found support on an important key level. I think it could be a good entry with low predictable risk and great risk/reward ratio.

CryptoAtlasAcademy

SHIBA is approaching the apex of the triangle after a week of accumulation. I still think SHIBA could pump as the selling volume on the drop was high and price is slowly moving torwards the trendline. I think it is worthy to open a low predictable risk position with 3% or less mathematical SL Keep an eye on it!

CryptoAtlasAcademy

2 different pictures, 2 different timeframes: On daily chart, BTC broke a huge trendline and the price is retesting it, if the retest is succesfull we could see BTC continuing upward momentum. It could always be a bulltrap and we have to be carefull at this time. Volume at highest price is still low and that is a good sign but we can´t rely only on that. Only...

CryptoAtlasAcademy

SHIB/USDT did an amazing breakout pattern that lead to a 50% rise. I am expecting this coin to rise even higher as it previously broke the resistance 0.00001 and a parabolic move could play out in the future, however right now there is not an accurate entry point. I will wait for: 1. Shib to create a very similar trendline breakout pattern as it did today. (I...

CryptoAtlasAcademy Updated 

I think this scenario is possible, wait for a pullback and it would be ideal if big volume appears at low. Once price starts squeezing to the trendline wait for confirmation (breakout or retest) The target is that big value area around 26% rise.