TOTAL2 market bullish. Altcoions are back in the game
The first 30% of this bull run has been dominated by the CRYPTOCAP:BTC and ETF narrative. A massive FOMO, unprecedented, has propelled CRYPTOCAP:BTC beyond its all-time high (ATH) even before the halving. However, when retail investors began purchasing at prices above 70k, smart money decided to take profits, leading us into a downtrend for BTC.
We are now witnessing the end of the ETF-induced FOMO for Bitcoin and a return to a fundamentally stronger bull run.
Adjusted for inflation, we are actually only 30% into the bull run cycle, just after the halving and before the parabolic move of BTC. This retracement might go lower, as the expectations for the ETF were so high that the retracement could be quite substantial.
Is it time to sell all your BTC and wait with cash for the bottom? Some might do that, but there is a risk: missing the recovery. Everyone has to sleep, and this can happen in hours.
Some smarter investors have noticed that the altcoin market has basically been stagnant, with a 100% increase while BTC was soaring by 300%, and has been largely ignored because the focus was all on BTC and the unrealistic ETF expectations.
These smart investors are seizing the opportunity to buy great projects at bargain prices and are poised to make substantial profits. Money is moving from BTC to altcoins, and I believe this trend will continue, since BTC lacks a compelling narrative.
While BTC is resetting and gearing up for the final parabolic move, altcoins will become very attractive, and smart money will invest in solid projects, memes, and everything else that has been overlooked.
I predict we will have two altcoin seasons, one starting now while BTC is resetting, and another after BTC reaches its peak and begins to fall into a bear market.
Investing in solid and low-risk altcoins like CRYPTOCAP:PEPE , SEED_DONKEYDAN_MARKET_CAP:BONK , CRYPTOCAP:SOL , CRYPTOCAP:AVAX , CRYPTOCAP:INJ , NASDAQ:OP , NYSE:SUI , CRYPTOCAP:RUNE , etc., should be more rewarding than buying CRYPTOCAP:BTC in the next two months.
This is not investment advice, merely an opinion. Do your own research (DYOR), and remember that anything can happen in the highly volatile crypto market.
Altcoinseason
Altcoin Season Cancelled? Cardano Faces 30%+ CrashHonestly, most altcoins are stuck in a bearish rut. We haven’t seen any of them making new highs instead, they're hitting fresh lows. BINANCE:ADAUSDT is no exception, staying stubbornly below the EMA200 line. So, the talk of an alt season? We’re not buying it. Let’s zoom in on Cardano and see what’s really going on.
On the daily chart, Cardano is digging in below the EMA200 line and the bearish trendline, reinforcing the strong bearish trend. A rising wedge pattern had formed, but instead of breaking out, it got hit with a series of heavy bearish candlesticks. And just to keep things interesting, the MACD has thrown in a bearish crossover for good measure.
Recently, Cardano took a nosedive, breaking out of the rising wedge with a surge in trading volume, not exactly what the bulls were hoping for. To add insult to injury, the MACD line slipped below the signal line, signaling that the bears were tightening their grip.
With all these bearish signals lining up, we’re eyeing a possible slide toward Target Area 1 at 0.2506 or even a deeper dip to Target Area 2 at 0.2197. These targets are mapped out using the Fibonacci ratios of 1.272 and 1.618.
However, there might be some hope for the bulls if the price breaks above the resistance level at 0.3815.
Disclaimer: "This analysis is purely for educational purposes and shouldn’t be taken as a recommendation to go long or short on Cardano."
If you’re enjoying the ride, hit that rocket button, share your thoughts in the comments, and keep the conversation going!
Is an Altcoins rally coming? When? ETH/BTC 1W chart;CRYPTOCAP:ETH CRYPTOCAP:BTC 1W chart;
On the chart we see two falling trend lines (red dash), one rising trend line (green dash). The price is in this range.
It bounced 2 times from the OB resistance just above it. This place is weakened. It can also be interpreted that if it weakens enough, it may go up to the OB area above.
It touched the lower green trend line 3 times and the last time it touched it, the mismatch on the RSI side stands out. So it gave an upward signal.
The big red candle on the right shows the monthly volume. In other words, since the month started, it has gone down without going up.
The appreciation of #Eth against #Btc means that altcoins are also appreciating. Accordingly, it is expected that a movement in altcoins will begin. Likewise, I have previously informed that many of the altcoins are in strong bottoms and trend compression.
Although there is a downtrend extending from September 2022 to the present day, a close above the -OB level just above the current level will be the beginning of an upward trend. Therefore, it is important to follow this level.
DOGS Analysis==>>Pumping +20%/+30%Today, I want to analyze the DOGS Telegram project for you. The DOGS token has been listed in various exchanges for less than three days, and its great popularity caused a six-hour interruption on the TON blockchain .
But the bad luck of the DOGS project is that its listing coincides with the arrest of Pavel Durov (the founder of Telegram) in France .
What is the DOGS!?
Dogs Community is a vibrant, community-driven initiative built on the TON Blockchain, designed to leverage Telegram's vast user base and native meme culture. Centered around a beloved dog mascot originally created by Telegram's founder, the project aims to introduce millions to blockchain technology through tokenized stickers, fostering a fun and engaging ecosystem with a focus on community ownership and fair rewards distribution.
Due to the fact that the DOGS token has been listed for less than 3 days , there are few candles visible in the chart, but I will try to show you the support and resistance zones and if you intend to buy or sell the DOGS token You can decide better.
DOGS is currently moving near the Support zone($0.00135-$0.00128) and Support line .
According to Elliott's wave theory , the DOGS token seems to be completing the main wave 4 .
I expect DOGS to go UP to $0.00165 at least.
Note: The increase or decrease of the DOGS token can be directly related to Pavel Durov's court case.
Note: If DOGS goes below the Support zone($0.00135-$0.00128), we should expect further corrections to this token.
Do you have the DOGS token or not❗️❓ Did you sell it or do you want to keep it❗️❓
DOGS Analyze (DOGSUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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RUNE - BIG GAIN (BIG PICTURE)Dear friends,
I will show another coin next to the LINK where I see Elliot wave expressed.. For LINKCHAIN, you have an analysis below this post..
First I would like to show my old projections related to RUNE and the exact take profit and return to DCA on it..
Here is a projection of profit taking.. and an accurately expressed mass jump of the first wave..
Then marked zones for returning to the market.
Now that all that has happened, I have scenario A and B. The first scenario is that the bottom is behind us and that the first purchase is an excellent decision, on the other hand, we also have plan B because there is great resistance at $5.
If the price does not show strength, the last buying target would be 2.2. Below that there is a very large volume and below that the door opens for a big risk (FOR NOW I'M VERY BULLISH)
The first target will be scalar from $30 and on.
This will all happen only if BTC manages to break the ATH
Mock Up Price Action for CSPRUSDT | Near/Mid Term (1D)Mock Up Price Action for OKX:CSPRUSDT | Near/Mid Term (1D)
Realistic bull run paths, timelines, and price points I'm considering
I think price action will be reminiscent of bull runs from previous cycles for coins like KUCOIN:TELUSDT , BINANCE:FTMUSDT , BINANCE:ADAUSDT , BINANCE:XRPUSDT
Previously posted idea with colored lines are overlays of these other altcoin bull cycle movements
TOTAL3 altcoin season!!I’m feeling incredibly bullish about the rest of this year, especially with the anticipated rate cuts in September. I’m confident that within the next 3-11 weeks, we could be entering an explosive altcoin season, where these assets will rocket to Valhalla, delivering massive gains of x10 to x30.
Omni price targetsOmni one of not so many coins which I follow for accumulation!
One of the main reasons for this, next unlock will be only in April 2025
Till that time we will not see any new coins in circulation BINANCE:OMNIUSDT
Possible Targets and explanation idea
➡️IAP model for Omni. Marked 2 zones for accumulation
➡️Tagets where more than ok withdraw initial deposit or fix % profit also marked
➡️Im more than sure we will see new ATH for Omni, matter of time 2024-2025
➡️Money power indicator, money inflow step by step at 17.75
➡️Would be good to see drop in first zone to buy and new money inflow
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
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TOTAL3 - Bulls taking a napTOTAL3 began forming a descending parallel channel (Bull Flag) on March 31 and has been trading within it.
We recently had the third touch at the top of the channel, but it failed to break, showing signs of exhaustion indicating a greater probability of decline in the short term.
I will continue to monitor, but I only believe in all-time highs for altcoins when this channel is broken, but I wouldn't be surprised if we visit 450-480B before that happens.
Ethereum : WHALES sell, RE-Accumulation Phase NOWIt's made headlines that large whale wallets have sold off large chucks, driving the price of ETH down by over 35% in only a few days.
We see a yearly low in the daily RSI, as well as an "Oversold" flash on the Technical indicator.
The good news, is that this will give buyers a few weeks to re-accumulate ETH before the next impulse wave up starts:
For the short term, the price will likely continue to trade down the lower Bollinger Bands until the sell-off is over. Retail is catching on to the sell off, so it's likely we'll see wicky price action as this kind of volume will be attractive for algo trading.
For the SHORT and NEAR term I am bearish, but for the NEAR to LONG term I remain bullish that another impulse wave up is next.
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BINANCE:ETHUSDT
BTC dominance could drop soonBased on the BTC dominance chart and BTC price, I believe BTC might continue to trade sideways between FWB:65K and FWB:73K if it fails to reach a new all-time high.
In the meantime, BTC dominance could drop, potentially leading to a significant altcoin season.
Don't miss out on this potentially good time to buy altcoins.
However, there's nothing to be afraid of as long as you focus on finding good projects instead of buying out of fear of missing out (FOMO) when the trend already clear.
Disclaimed:
I receive remuneration through advertising from thefastdex.com.
While Layer 1 blockchains can have intrinsic value and may be backed by tangible assets, it's important to understand that this technology is still emerging.
That said, it offers promising solutions to real problems for enterprises.
It aims for scalability, zero inflation, and subsidized prices that increase annually at a rate exceeding both U.S. and Chinese inflation.
Optimism setup long and short for future trade As shown below, since three months ago, the ETHBTC reaction has been occurring and slowly taking control. This can be used on coins that are tied to ETH. Fundamentally excellent price for DCA, but I would like to show the chance to those who deal with future trade.
With the setup, it is great to find where our analyzes are no longer valid and we need to admit that we are not right. Optimism is one of the coins that correctly did 1,2,3 according to Elliot. Now the question is whether the 4th wave will manage to reach our order, but we must be disciplined because this analysis is canceled if the fourth wave reaches deep enough to the first, where the setup is no longer valid.
Why this setup gives us the possibility of long - here is daily fvg, 4h fvg, 2h fvg, fibonacci for retest as well as theoretical knowledge about Elliott waves
KENDU on ETH Support and ResistanceThis is the follow up from my recent post about KENDU on ethereum.
Resistance 1 : 0.0001
Resistance 2 : 0.00015
Resistance 3 : 0.0002 - ATH (+-0 0,00027)
---------------------------
Support 1 : 0.00006 - 0.0005
Support 2 : 0.000025 - 0.00002
Support 3 : 0.00001
For time being.. i keep an eye how the price action react when approaching the downtrend (yellow line) and the trendline since march 2024 (white line).
GL !
COTI Textbook Macro Accumulation Entering MarkupCOTI has a beautiful textbook accumulation finishing up here, it's about to enter the markup phase. Altcoin season is starting and this is going to be one of the big winners this cycle! I have targets all the way up to $0.98 based on the fib extensions for wave 5 - this impulsive structure is following all of the rules so far. Wave 4 bounced right at the top of Wave 1 just like it's supposed to.
Dogecoin - The pump is so clear!CRYPTO:DOGEUSD is looking so bullish,
Cycles, breakouts, sentiment and market structure. Dogecoin is combining all four of these bullish aspects and is preparing for a major move higher. After Dogecoin finally broke out of the triangle a couple of months ago, we already saw a rally of +250%. This is simply the starting of the next major crypto bullrun which will pump the entire altcoin market, especially Dogecoin!
Levels to watch: $0.117
Keep your long term vision,
Philip - BasicTrading
POWRUSDT | UP THIS WEEK!I’m feeling bullish about this week for crypto, and POWRUSDT is looking primed for an upward move. Here’s why:
Market Momentum
• ETH ETF Launch: With the ETH ETF trading this week, we’re expecting a ripple effect across the altcoin market. 🚀
• Crypto Sentiment: The market is buzzing with optimism, and altcoins like POWR could ride this wave.
Technical Setup
• CHoCH Formation: POWRUSDT recently created a Change of Character (CHoCH), signaling a potential reversal and bullish momentum. 📈
Strategy
I’m aiming for a solid 1.78:1 Risk-Reward ratio, which is quite promising given the current setup.
Action Plan
Long on POWRUSDT, leveraging the positive market sentiment and technical signals. With the ETF launch potentially sparking a broader market rally, this could be a golden opportunity.
Let’s ride the wave and see how high we can go! 🚀✨
Good luck, everyone!
All eyes on 69000!Once again, all attention is directed towards one area: 69k, the ATH from the last cycle. It's the zone with the trendline, order block, and Fib attention area.
If this zone becomes support, there's only one way - up.
During this consolidation in the range, liquidity has been taken only from below the consolidation. Next, the liquidity from the upper side, 73-80k, will be targeted.
Altcoin season? Very close.
However, there's a chance some may make another low in this consolidation, and with liquidity taken from there, a larger climb might begin. The market sentiment has quickly shifted from bearish to bullish with just a small pump.
It might be wise to place buy orders a bit lower as a precaution.
Overall? I'm very bullish.
Institutions, Pension Funds, Investment Funds, the world's most powerful countries (not Germany :))), ETFs (Bitcoin and Ethereum, and maybe soon Solana), Donald Trump (almost a certainty as the future US president): BUY BITCOIN/crypto and promote it.
Super cycle is coming! 🌟
Altcoins Warming Up! Here Are Some Picks.Traders,
We knew it was coming. We knew alts were nearing their bottom and would heat up soon. We knew we would start to make and take massive profits like we did on one of our trade exits today (+64%). WE DID NOT KNOW THAT AN ASSASSINATION ATTEMPT ON FORMER PRESIDENT TRUMP WOULD START IT ALL. But this appears to be exactly what happened because prior to the attempt the former president had been vocalizing full support of Bitcoin and crypto. The big dawg (BTC) has led the pack strongly and I believe we are just beginning to see the start of our second leg up in the altcoin space.
In tonight’s video, I am going to cover the current hottest alt and meme coins in the list that I track. We’ll do some quick technical analysis and I’ll give you some possible entry points and strategies as well as some final targets for swing trades.
Paid subs, know that in the future I will probably be picking up one or two of these coins. Also, should my proprietary indicator continue its current success rate, I may share a special post about what this is and how I utilize it. Be on the lookout for these future posts and more. Enjoy this week’s video on a few of the hottest altcoins for this mid-July.
Chainlink Targets $25After a long accumulation phase, we are again backtesting the last major support where we saw previous buyers step in.
There's a higher probability we increase in price from here and target the 0.618 & weekly level above. A sweep of the lows before a move up is also possible.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.