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ALT

Massive Alt Rally coming!!!This chart is my new bible I have a strong feeling that we are about to see 2017 January played out again with a MASSIVE alt rally back to about 45-47% BTC dominance. This would result in about 3-5x on most coins. Once we reach the trendline I also have a two feelings. One alts retrace after a massive rally and BTC takes charge in late Q1/Early Q2 as investors pile in and buy BTC sending it on a massive rally (think ETF, Ameritrade, Fidelity all making BTC available to buy AT SPOT PRICE) we could see alts fall back some while BTC steals the show. We will know when to trade alts again though vs. sit in BTC when we get back to the top trendline or even back at ~62% BTC dominance trendline. This market is very easy to trade when looking at the evidence. The problem is we are emotional and impatient imo (myself included :smiley: ). I am working very hard to take a rational approach on how to trade this market going forward from the lessons I've learned through this bear and the bull in 2017/2018 (when to hold and when to trade and WHEN TO GO USD!) Now is the time to grab alts and hold folks. I wish I paid someone $500/mo in early 2018 just to tell me to sell to USD and do nothing. Now I would pay someone the same to tell me to hold (obviously still trading alts, but looking at daily charts and not 60/240's) Don't get caught up in the small swings. We must look at the big picture because I think things are about to get nuts. /rant If you would like to get premium signals please PM me for my trading group, Surge Trading. I provide daily calls and updates for a very very minimal fee. We just hit 6 targets for an average 25% the past 4 days. Thanks everyone and get ready for some action in the coming months.
CRYPTOCAP:BTC.DLong
by mythrin
$ALT Altium Ltd long off supportHere's my trade set-up today $ALT Altium Ltd (ASX) long 480 units at 20.79 off this support level which has been holding up well so far. I've been playing these most recent s/r swings and making nice gains so happy to go in again. The only negative is the fact that the market in general have been very volatile (dumping) and as such, increases the risk on this trade. Bottom line though for me, this as an investment as well as a swing trade so its a good price point to pick up at a reasonable price point. Worst case scenario it takes a dip, breaks support and recovers at a later date. Not financial advice.
ALong
by fxtraderanthony
QKC/BTC Holding the pivot support, may get a run up!On the 4H chart I can see that red level(lower) as an important support/resistance flip level. We're currently holding it as support. Those wicks below got bought up pretty quickly and were made during BTC's dump the other day. A long here may be possible but it's wiser to wait for confirmation on a lower time frame, something like a break in market structure UP, and then a retest, if you want to increase your chances. Look for something like this: Entering aggressively right now may be risky because this isn't the first time we're testing this support, and as always, be wary of BTC's movements which may disrupt most alts if it gets twitchy. Trade wisely.
Long
by UnknownUnicorn3664665
DOCK/BTC in the optimal BUY zoneWe're inside a 4H breaker currently, retesting it as support again, and also a nice fib retracement zone. If we bounce from here that would also be a higher low and a good bullish sign for further expansion upwards. If you look below you can see that we bounced from an important daily pivot level too. --------- Colors I use for a more organized chart: 15 min - Cyan 1H - Gray 4H - Red Daily - Green Weekly - Orange --------- Some terms I used: -Bullish breaker - an orderblock (a green or red candle, in this case green) that preceeded a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support.
DLong
by UnknownUnicorn3664665
EOS/BTC Sitting at support, awaiting clearance for lift offLooks like we made an SFP and are now sitting inside the optimal fib retracement a bit lower than I would've liked but this seems like a good pivot support + 1H breaker confluence. For better odds in this trade, wait for a break in the market structure on lower timeframe and enter on retrace. Around 3.8 R/R as it stands now, not bad. - Bullish breaker - an orderblock (a green or red candle, in this case green) that preceeded a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support. - SFP - Swing failure pattern - a candle formation where the price takes out a previous swing high or low, but returns under/above it before locking the candle. Under the right circumstances it can signal a reversal.
Long
by UnknownUnicorn3664665