CryptoCheck-

02:52

CryptoCheck-

ATOM is as of today NR 51 by market cap, meaning it's more likely to move independently from BTC. The higher coins by market cap, especially the top10, move more in correlation. I've done an extensive post on this HERE 👇: Other Altcoins I have high hopes for in the NEAR term can be found here: NOW is the ideal time to buy alts that are NOT trading in...

03:23

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The first time I started talking about my outlook for BTC in 2024, was in MAY. This is the original post where I first propose the Elliot Wave theory, with a 30% multi-month correction: It's been a painful journey that required a lot of patience - but today, I am pleased to see that the idea has payed out by 95% so far. The play has always been a "multi-month"...

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Bitcoin is showing a sudden increase in momentum, and the pattern I was watching has played out successfully after the last update: Ultimately, the playout I have been talking about for MONTHS were as follow: And this is the recent chart data on that exact idea: I'm happy to finally see everything come together - it took some patience though! Finally -...

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As of time of posting, according to a reliable website the top 10 cryptocurrencies by market cap are as follow: 1) Bitcoin / BYBIT:BTCUSDT 2) Ethereum / BINANCE:ETHUSDT 3) Tether / COINBASE:USDTUSD 4) Binance Coin / BINANCE:BNBUSDT 5) Solana / BINANCE:SOLUSDT 6) US Dollar Coin / KRAKEN:USDCUSD 7) XRP / BINANCE:XRPUSDT 8)...

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SEI is retesting a key support zone, and losing this support zone may lead to a hard drop. The opening prices of SEI has not yet been retested, and in most cases for newly released altcoins the price will return to "retest" the opening price. In some cases, it even falls under - but it is quite common for he price to return to these zones. I discuss a similar...

01:18

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NOT is short term bearish as we lose the higher-highs and form a bearish M-Pattern in the daily timeframe. In an earlier post, I made an important note on how to trade newly released altcoins - and share a key fact that is might come handy for NOTusdt: Additionally, we've fallen below the 50d Moving averages in the daily timeframe - also a bearish indicator for...

03:26

CryptoCheck- Updated 

A Double top in the weekly timeframe is never a good sigh - however, all is not yet lost. One final pattern remains to be seen - and that is the Bump and Run method. Perhaps we can bump that diagonal support around 65k, retest the bulls' determination - and then make the final impulse wave up. There is a fakeout observed on Dogecoin as well, and alts that have...

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Shiba Inu has formed a bearish double top candle stick pattern in the weekly timeframe. This will likely lead to a drop, especially considering that a key diagonal support has been lost - marking the first invalidation of higher highs, in other words short term BEARISH: We've seen something similar previously, leading to a near -60%drop. Although I really doubt...

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Here's an updated list of 10 altcoins that have good chart setups and longer term prospects. Note that for some, you may have to dollar-cost-average (buy little bits on the way down). 1) NEARUSDT 2) TAOUSDT 3) LTCUSDT 4) TIAUSDT 5) FTMUSDT 6) GRTUSDT 7) AVAXUSDT 8) INJUSDT 9) AAVEUSDT 10) SOLANA / SOLUSDT ___________________________________

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DOGE has given us THREE very bullish indications: - Successful W-Bottom Pattern in the Daily - Higher lows Doge is also one of few alts that has been gradually making HIGHER HIGHS. This shows that the buyers have been driving the price up constantly. Furthermore, the daily price has reclaimed and CLOSED candles above the 200d moving averages; another strong...

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PENDLE has formed a W-Bottom Chart Pattern in the Daily timeframe, which could signal more upside is coming. We're also observing very distinctive higher lows and higher highs; a key sign of a bullish market. The W-Bottom pattern hasn't quite finished playing out, what we now need to see is a successful retest of support at the "neckline" which is currently at...

03:07

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A recent surge in the price of BTC is sparking hope for that final impulse wave UP I've been talking about. However, there's a catch - one KEY thing will need to happen in order to convince me this is not just a fakeout, aimed at liquidating shorts. The previous BTC update was focused on two scenarios, with the GREEN showing a possibility of...

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Bitcoin hasn't yet been able to break out above the diagonal resistance that formed after the most recent high. Until we're able to do a bump-and-run ABOVE this trendline, lower lows seem the most likely until we've found a zone with sufficient buying pressure to take us back upwards. Lower lows and lower highs mean short term bearish, unfortunately. I discuss...

02:04

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Although Litecoin did not make the Top Altcoins for 2024 list - it is an old timer. And by this, I basically mean that it can (and will) still be traded. From the 4h, we see some beautiful swings that can be very profitable trades, with the right entry points. It seems the entire market is turning down following BTC. This however, could result in some good...

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Historically , large wicks usually get filled almost in the same way that a gap gets filled. It may not be soon, but if you're willing to wait a few weeks (or even a few months) you could get in lower and buy at a more ideal price. (see Warren Buffet's trading philosophy on Buying at the RIGHT PRICE👇) The particular wick in reference is the following one....

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Warren Buffett is arguably one of the most successful investors of all time. Over the years, he has developed a set of principles and strategies over his career. He was inspired by the teachings of key financial thinkers like Phil Fisher, Benjamin Graham and Charlie Munger. Key Influences Phil Fisher Fisher’s approach focusses on quality companies with...

03:02

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In the weekly timeframe, a bullish candlestick pattern has formed on Chainlink. The Three White Soldiers are characterized by three consecutive green candles. The higher the timeframe, the more powerful the pattern. We've recently observed an instance of the TWS pattern in the weekly, which was a precursor to a 136% increase: However, the unfilled wick around...

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From a macro analysis, ETH is very clearly in a bullish season. Apart from the obvious (following Bitcoin) there are a few other factors from which we can deduce that ETH is gearing up for another impulse wave UP. 👉 Higher lows 👉 Diagonal trendline acts as macro timeframe support 👉 Currently Three-White-Soldiers in the weekly - Bullish candlestick pattern From...