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Altcoinseason

$CryptoCap - time to prove your worth - alts to thrive?Previously we saw breakouts on this 'altcoin dominance' chart meant alts ran pretty damn well against BTC E.g. DeFi summer 2020 where any coin with finance in its name would 10x E.g. new year ape szn where 80% of coins 5x I think the second example is not done yet though Market just saw a massive correction in alts again and if this 1W candle holds the breakout and the 0.5 this cryptocap chart would suggest alts have momentum to grow against BTC As BTC also looks decent - bull flag is brewing etc. this could be an explose couple of months especially when the DXY's track-record for April is poor Time to find some plays on some alts by the looks of things
CRYPTOCAP:BTC.DLong
by InvestmentsHub
BTC.Dominance and ALTSEASON OPPORTUNITY☝🏻 The dominance of Bitcoin over the last 40 days has demonstrated a sideways-accumulation cycle that has not yet appeared in the graph. Despite the sideways structure, some BTC pairs were able to experience extreme up-trend movements and the overall atmosphere in the altcoins market was positive. The situation and sentiment have changed in the last 10 days and most altcoins are experiencing advanced corrections. SobPersonally, I am always happy for the movement of UP dominance, because it opens up many opportunities to buy / buy running altcoins for both USDT and BTC pairs. The rebound towards UP occurred from the currently strongest support of 60.5-61%, which will be the benchmark for a potential altseason. In the event of a breakdown of this level, I expect a drop in dominance of up to 50%, which would result in a several-week uptrend cycle on altcoins. ✋🏻Personally, I will be very interested in tomorrow's 3D close, because the last candle closed over the strong and respected BK77 3D, which last happened more than a month ago. Although I have been observing a decline in dominance again in the last 2 days, I speculate on this movement only as a retest of a broken trend in convergence with a combination of 4H BKs. There is still plenty of time until tomorrow's close and in case of impulse movement on BTC, the 3D candle can close over BK77, thus confirming it as support and I will expect the UP movement to continue to the zone 64.15-65.1%, where I will watch re-entries into altcoins. 👍🏻 Otherwise, a typical sideways-declining trend along the trendline may occur again in the dominance, back to the zone of strong support, where we will monitor the reaction to the determination of the middle-term setup on BTC.D. In this case, we will definitely follow short-term setups on USDT and BTC pairs, which can continue in the green for a few days. Many altcoins also broke down strong support zones and High Time Frames BKs downwards, so continuing the correction would make more sense. This would, of course, allow us to pick up decent purchase prices and give us the opportunity to be better prepared for another downturn. 4H graph: 3D graph:
CRYPTOCAP:BTC.D
by Tradify_Seb
MATIC - An Altcoin Season Use CaseIf I told you, that I could help you multiply your original stash of Bitcoin by 50x, (this chart shows a 100x gain of your Bitcoins.. 0.1 BTC invested would = 10 BTC later in the year) you would probably think I also believed in conspiracies and wore tinfoil hats. But... The thing is, it's true. And I wanted to demonstrate a use case. I know this is a chart of MATIC/BTC - But my overall message is regarding Altcoin Season in General, and my plan on exit. Starting to accumulate right around September, I noticed the trend of the Altcoins going down vs Bitcoin. I knew about this from last time, but I didn't think it would hit the exact same spot on the exact same timeframe. But it did, and October/November saw the bottom out of many alts. This went until January, when all the Altcoins started lifting off, just like last time. So, buying MATIC all the way down to the bottom, using a declining price target, increasing volume strategy, I was able to buy all the way down. But I was still mostly buying with USD. Then, I was in for the long term 3-5 month trade, until I was surely going to sell into Bitcoin. So what happened? Matic gained 1000% on Bitcoin, giving me 10x my original Bitcoin supply! While many people are buying MATIC, as they see it on Coinbase Pro - I am SELLING. Here is why. I set a very strict policy to make Altcoin Season work for me. I do not want to get stuck with some bag of crap once May hits, and Bitcoin takes off. So, I sell the Altcoin, when it reaches 1000% from the bottom of where it set out against Bitcoin in November - January. I gave myself the freedom to keep 5 coins past that gain line. Matic was not one of them. You see, I am only really shooting for 5x my Bitcoin by May... So I would have been good with a 500% gain - as this is what leads me to a 50,000% Gain on Bitcoin (50x BTC gain). With what I have gotten from 7 coins so far... I am on track for 100x gains of Bitcoin! Yes - As in, if you invested 1 BITCOIN with me at the beginning of the year, then you would be a fool because I am not a financial advisor, but that would end up being 100 Bitcoin at the end of the year, if this was seen through. My point is, I sold MATIC because there is NO NEED for me to get greedy here. I have earned 1000% more Bitcoin, are you serious?! This is all anyone could hope for! Let's keep it going! So whats next? I have now sold 8 coins for over 1000% gains, as well as 1 for a loss! Woo! Yes, there is risk. Overall, I have increased my total Bitcoin by 500%, which was originally my target, and the Altcoin Season barely started!
M
by Shwayze
7
1INCH UPDATEHey Guys! Today we are facing 1INCH on the daily bar chart. It has a very bullish set up to me. There are, obviously, more buyers than sellers. Last week it bounced to 0.618 which I expect to be bottomed. With ETH starting to make big moves, I wouldn't be surprised if all altcoins enjoy great upward movement. MACD bullish crossover on the daily is also a clear buy signal for me personally. No reason not to be long on this one. But of course, this provides no financial advice. This is just what I am thinking. Expect 1INCH to hold up strong during monday. Cheers!
FTX:1INCHPERPLong
by L420199611
altseason vs bitcoinseason43400 extremely close. Then probably a dangerous situation will begin with a game up to 20k. Nobody wants to buy bitcoin at 40-50 if forecasts are high at 100. It's just x2. Big players are not very interested in this(for purchases without leverage). Conclusion - we either go to altcoins (altseason), or drop the price for a comfortable entry (bitcoin season) We see that we are at a critical level. Expected to be on cusp of next upside momentum, BUT you can see that trusts are on sale and for a reason. As well as news that #grayscale want to add coins that have already greatly increased in value. Companies are required to make a SELL in order to take profits. This means that if you bought bitcoin for $3k, and it costs $ 50k, the profit will be fixed only from the sale. (Hello to all hodlers) Now main job of a good trader is patience training. It is better to buy at a slightly higher price during growth than to buy at a slightly higher price during fall. Good luck!
by ANTONHUSKY
2
Ethereum 30% correction? Time to Take Profit? Target $1.400?Ethereum has been performing very well for four (4) weeks. With $2k having been cracked I expect Ethereum will take another breather next week and retrace. Have a look at the possible downward trend scenario to about $1.400k over the next weeks. The fib retracements match very nicely the possible landing zones. The 0.618 retracement is a perfect 30% retracement landing zone. If you analyze crypto assets you notice that 30% corrections are often a natural process and are often met very precisely (more on that in another idea). While Ethereum has been holding quite well it did already have such such a throwback in January (remember?) 2021 . If you don't believe that Ethereum is about to trace back, do you favor another uptrend to above $2k? What is the probability? Ethereum is kind of eating itself with reaching new ATHs. The network fees are absolutely ridiculous and more uptrend now will only dampen DeFi projects success until Level 2 layer solutions can be put into place to lower the fees. It feels counterintuitive that Ethereum is not exploding now after it was able to pass $2k, but if you look at the movements over the last couple of days / weeks it's move have been rather cautious (while steady). Long story short. Whatever your strategy with Ethereum ( ETH ) watch out for a potential retracement this coming week or thereafter. PS Go ahead and stretch the chart up/down and sideways to zoom in and out. The upper Bollinger Band level is a good indicator for failing support. So if BTC would break that level downwards it is a clear signal it will go down further. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
BITFINEX:ETHUSDShort
by CarpeMomentum
HEGIC Parallel Channel Opportunity for 2xHEGIC is in a 4 hour parallel channel and it appears it is reaching the bottom of it. Hence it has potential for the next upward swing, which if it follows through could mean a 2x on your investment. The chart is showing the HEGIC € value (for my EUR view trading purposes). Hegic has tremendous potential as it provides a platform for on-chain peer-to-pool options trading built on Ethereum. Hegic protocol just may be a pioneer for peer-to-pool approach to options trading. The project being like an AMM (automated market maker) for options leaves HEGIC with great upwards potential as with more users on the platform the price will continue to rise. Keep in mind the wild swings for this assets and the associated risk. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
HLong
by CarpeMomentum
Venus (XVS) DeFi Play on Binance Smart Chain (BSC)Hi Folks, after a longer period of focusing on my trading I am back with some ideas (see also the similar post on CAKE - PancakeSwap linked below). Not sure you are familiar with the Binance Smart Chain (BSC). Basically it is like the Ethereum network, but with appropriately low transaction fees. Venus is a Binance Smart Chain-based DEX (decentralized exchange). I wasn't really aware of it until the recent Binance Coin (BNB) and XVS price surges. . I have produced these four views on Venus for you to use / copy if you'd like. Top left is the USD chart. XVS has lost 30% of its value and if you believe in it being currently the better (way less expensive) exchange solution compared to UNI, MAKER, SUSHI & COMP then this just may be a good time to start or extend your position. Bottom left is the EUR chart. Top right is the Venus vs. Uniswap (UNI) ratio. This ratio shows that Venus has been losing value against UNI, but it appears a support level may be forming for it to attack UNI again. At the time of writing this a level that seemed to be stable was crossed. To be watched. Bottom right the same style ratio with SushiSwap (SUSHI), same view as on UNI. Looks like a support level is forming. Venus is number 5 in the dappradar rankings in terms of total balance and has had a steady but bumpy growth in terms of volume, users and transactions over the last 30 days. With Bitcoin likely taking a breather today and tomorrow below $60k and only maybe sneaking up to $60k next week there seems to be a likelihood that the overall market will be drawn down as well. It may also be the time for altcoins to shine and may give Venus (XVS) an opportunity to catch up with UNI and have a fantastic gain. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Long
by CarpeMomentum