PhoenixBlue

PhoenixBlue

After a 2 Months of downtrend for ALT Coins, the Breakdown in BTC dominance could fuel their recovery and could be signaling the start of Alt Season. Continued follow-through is needed to signal the start of alt season. Many alts have dropped to near record lows, and with BTC dominance signalling a breakdown, risk reward is looking favourable for alts.

PhoenixBlue

A descending falling wedge has formed on the 4h chart for BINANCE:EIGENUSDT that we have broken out of as of this morning. A lot of the ALT crypto space is looking like falling wedges with breakouts, or about to breakout. EIGEN on the move.

PhoenixBlue

We're either going to $2 or $20 - I wouldn't be surprised if we visit both prices. Either way, the R/R at these levels seems brilliant. Price is at the swing lows of every other bounce back. Is this time different and we go lower? Sure, maybe we go lower. But fair to say, the speculators leveraging have been flushed out. The expectation of the Trump Pump after...

PhoenixBlue

CRYPTOCAP:OTHERS.D is the relative market cap % of all crypto outside the top 10. It has been in a multiyear triangle - A break above the resistance would be a strong signal of alts outperfomance with an extensive run into 2026. It appears that for this cycle, everything is taking much longer than what we're used to. Equally, a break below, would signal the...

PhoenixBlue

$AIXBT just broke through its wedge pattern. Looking strong here and we enter 'Buy the dip' mode I've linked the related post that highlighted the potential here, with one line corrected to better capture how broken resistance became support.

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The decline has been long and painful. But signs of reversal are in sight MACD Cross over on the 8h chart along with bullish RSI Crossover. I wouldn't be surprised if a break above 0.15 unleashed a massive run, similar to the run we saw it start with. A break through that channel, could see a short term retest. Though if Trump signs Bitcoin friendly executive...

PhoenixBlue

It's trumps Inauguration and BINANCE:BTCUSDT Hit new local highs Meanwhile, CRYPTOCAP:OTHERS is at the cusp of a volatile Descending Broadening Wedge. A Break above, will mark the start of the alt season and the start of the next mania. Trump ready to start the fireworks

PhoenixBlue

For the Past 6 weeks, CSE:ZRO has been in a consolidation pattern within a parallel downward trending channel. RSI is has crossed over its MA and MACD is also doing a crossover, both doing so for the second time after the fake-out and quick weekend reversal. With Trumps inauguration tomorrow and a flurry of executive orders, it could provide the fuel needed...

PhoenixBlue

$AIXBT Breaking through second resistance line. The dip was artificial, given that a lot of traders dumped AI coins to jump in on the TRUMP meme frenzy. Now, it's time for rotation, AI Is about to get hot, really hot and there's all sorts of confluences across the coins in the whole sector - Positive Divergences with Breakouts. Reversal in play Other AI Coins...

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A very steep and long downtrend after tagging 0.0392, dropping over 57% It will need to break the downrend resistance with some volume before it can work its way up again. MACD is showing some positive divergence. We need to see some follow-through with the price action.

PhoenixBlue

COOKIEUSDT near channel support, with momentum indicators cooled off enough for another run towards the top of the channel around 0.63 - That's approx 50% higher than current levels Great R/R at this point - A move above 0.45 would be great confirmation.

PhoenixBlue

Virtuals looking ready for another breakout Confluence of MACD crossover and a price move piercing the downwards resistance towards 3.1 could see a swift move higher. Great R/R at this point with the whole Altcoin market cap rumbling higher before Trump takes office tomorrow with what's likely going to be a record number of day 1 executive orders.

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15m Chart Price making lower lows - Momentum indicators making higher highs. Bullish divergence, Buy signal triggers on break above 0.19

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Buy Signal Triggered. Trendline breakout backtest into support Momentum indicators making higher highs Price retesting support - Bullish divergence

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Price making Lower Lows, but momentum indicators moving higher. Showing selling exhaustion and short term trend reversal.

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TIA Breaking out through the downtrend - Showing signs of follow-through A break above 6 could see us move swiftly higher.

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The CRYPTOCAP:BTC.D index has developed an Inverse Head & Shoulder pattern on the 2H timeframe, which points to further trouble ahead until we get some certainty and clarity with how the new administration decides to move. The recent shakedown on ALTs has been driven by higher than expected inflation and repricing of FED reserve rate cut expectations, with no...

PhoenixBlue

Once ALPH crosses the Moving Averages to the upside, it could set the scene for an explosive move higher