The market cap of Altcoins is currently facing a significant challenge in surpassing the HKEX:630 billion benchmark. However, a notable surge in Altcoin activity is expected once this level is breached. Notably, the current BTC dominance of 48% can be attributed to the fact that most ALTs have broken their BTC-pair support. Consequently, if BTC experiences a...
Here's a quick look at DOGE 1 hr. chart. It is evident that the price action has been exhibiting a trend of decreasing volatility, indicating an impending significant price movement. Therefore, it is advisable to closely monitor the price level of 0.084$ for any significant upside movement! ------------------------------------------- The idea is: Buy when the...
Here's a quick look at the 8 hr. BTC. Quick reminder: CPI data on Wednesday! 71% is expecting a 25 bps rate hike. Be prepared for some volatility during the release of the CPI data! ------------------------------------------- Recent Altcoin trades: ARB / USDT: 5% profit DOGE / USDT: 20% profit XRP / USDT: 9% profit...
Here's a quick look at DOGE 1 hr. chart. It is evident that the price action has been exhibiting a trend of decreasing volatility, indicating an impending significant price movement. Therefore, it is advisable to closely monitor the price level of 0.084$ for any significant upside movement! ------------------------------------------- The idea is: Buy when the...
Here's a quick look at the 2 hr. XRP chart. The idea is: Buy when the price breaks above 0.516$ and take profits at the levels shown in the chart. Targets: 1. 0.52$ 2. 0.525$ 3. 0.532$ 4. 0.545$ 5. 0.555$ ------------------------------------------- Recent Altcoin trades: ARB / USDT: 5% profit DOGE / USDT: 20% profit XRP / USDT: 9% profit...
Here's a brief update on BTC. The current price has been fluctuating within an ascending triangle, and the low trading volume suggests a more substantial movement is likely to occur soon. The trend appears to be weakening, and during retests of the significant resistance at 29k, trading volume has remained low. In addition, the CME and Fair value gaps below the...
Trend weakening, low volume during retests of major resistance ( 29k ), plus CME and Fair value gap below current price - all pointing towards the downside. Brace yourself for a possible return to 20k soon! It's important to consider the unfilled CME- and Fair value gaps located below the current price. Typically, these gaps are eventually filled, so expecting...
Here's a quick look at the Daily BTC chart. As we can see, the zone between 29k to 30k is a critically important price range that requires close attention. It has played a pivotal role in differentiating between the bull and bear market. As soon as the price broke below this zone, the market was deemed to have entered a bear market, while staying above it...
The idea is: Buy when the price breaks above 1.225$ and take profits at the levels shown in the chart. Targets: 1. 1.24$ 2. 1.26$ 3. 1.285$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts...
Here's a quick look at the 30 min DOGE chart. Following a significant upward movement, the price has entered a phase of consolidation, resulting in the formation of a large bull pennant. A bull pennant is a bullish continuation pattern that typically has a 70% chance of breaking to the upside. Should this bull pennant be breached, it would suggest a continuation...
Here's a quick look at the Daily BTC chart. As we can see, the zone between 29k to 30k is a critically important price range that requires close attention. It has played a pivotal role in differentiating between the bull and bear market. As soon as the price broke below this zone, the market was deemed to have entered a bear market, while staying above it...
The market cap of Altcoins is currently facing a significant challenge in surpassing the $620 billion benchmark. However, once this level is breached, a notable surge in Altcoin activity is expected. It is worth noting that the current BTC dominance of 47% can be attributed to the fact that the majority of ALTs have broken their BTC-pair support. Consequently, if...
Here's a quick look at the 4D Logarithmic chart for DOGE. It is evident that the price is on the verge of breaking out of the massive bull pennant to the upside. This recent upward movement can be attributed to Twitter's adoption of DOGE as their desktop logo! There is significant upside potential if the price manages to break through this massive bull pennant!...
Here's a quick look at the daily DOGE chart. It is apparent that the price has been oscillating within a larger falling wedge pattern. As a prudent approach, it would be advisable to wait for a clear and decisive breakout above this falling wedge before entering any trades. This would ensure a higher probability of success and reduce the risks associated with...
Here's a quick look at the daily DOGE chart. It is apparent that the price has been oscillating within a larger falling wedge pattern. As a prudent approach, it would be advisable to wait for a clear and decisive breakout above this falling wedge before entering any trades. This would ensure a higher probability of success and reduce the risks associated with...
The Altcoin market cap is struggling to break the $620B mark. If breached, expect a surge in Altcoin activity. But remember, Altcoin performance is closely tied to BTC, so a dip in BTC price will hurt Altcoins too. Keep an eye on the $620B mark if you're looking to trade some ALTs ------------------------------------------- If you like the content, then make sure...
Here's a quick look at the 1 hr. XRP. The idea is: Buy when the price breaks above 0.55$ and take profits at the levels shown in the chart. Targets: 1. 0.557$ 2. 0.565$ 3. 0.583$ 4. 0.596$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups....
Here's a quick look at the 8 hr. BTC chart. The bearish divergence on the RSI suggests that the trend is losing momentum, and a downward move could be expected. Additionally, the low volume indicates that a substantial movement could occur at any moment. With the bearish divergence on the RSI and the low volume, it's highly likely that a move to the downside could...