Possible scenario for an altcoin season until the end of August. With a possible BTC top in September.
Easy long set-up for ETH/BTC from bottom
Lower orders on various altcoins have just hit. Aiming for a strong bounce from here.
It's clear LINKBTC is currently at an important support zone. Risk/Reward is high and therefore I'm taking this long position. Another option is to trade the weekly chart and place a stop-loss at 59500-ish sats. I'm however aiming for the short-term bounce here.
It's clear WAVESBTC is in a solid uptrend on the daily and weekly chart. I'm going to wait for WAVESBTC to retest the support level on the weekly chart, and then take a long position. The risk/reward ratio is very decent and it's well worth it. Trade with the trend.
Risky set-up, will be watching from the sidelines.
AAVE has seen significant price pumps and I've held it with pleasure. However, what goes up must come down and it looks like AAVE is ready to move towards lower support levels. That said, I opened a small short-position on AAVEBTC.
KSM has been on my watchlist for a little while now. KSM continues to test both the lower support level and resistance level. I'm anticipating Altcoin dominance to go up over the course of the next two weeks. Therefore, I placed buy orders around the lower support level for a potential long position.
Opened a small long here. Adding more onto this upon retest of support after a clearer break-out. Could offer a solid opportunity for decent returns.
Possible long scenario for ZILBTC, the risk / reward are well worth it and therefore I opened a position.
LTC looks at support levels against both BTC and ETH pair. Therefore, converted some BTC to LTC for this position.
I've waited for weeks for ENJ to hit the buy zone. Now that it has finally reached, there's significant upside potential vs potential losses. Therefore, I opened a big long on ENJ.
Various altcoins are showing an upwards trend against BTC. I took a position in WAVES / BTC this morning, as both the 1D and 4H chart show significant upside potential.
LTO Network has been a long-term holding of mine ever since their public sale. I've became a huge fan of the project after meeting the team various times and after doing my fundamental analysis. For my public report, see: qr.ae I've taken profits around 800 sats and I'm looking to load back up partially at 620 and partially at the lower 500 sats. This is a...
This chart is mainly for educational and tracking purposes. AXSBTC could well offer a decent mid-term opportunity here.
Chart is published for educational purposes. It looks like AVABTC is maintaining its support here. In case this rebounces further, this would be a solid risk/reward position to take. However, since this support level seems weak, I'm taking a small position.