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Altcoinsvsbtc

BTC looks compelling, Alt Season 2019 is about to begin!Well we can see price has broken out from the symmetrical triangle and we are just waiting for the 4H candle close above to confirm the breakout. I have a fully bullish bias at the moment, strong bullish signals throughout the market! FirstClass Crypto VIP members went long at 3535 catching to low wicks and rode this all the way to the top of the triangle. To summarize on the past data we can see the bears could not get a 4H candle to close below the original 0.618, few wicks below but eaten right up, shortly after we can see a small break up from the bull flag / falling wedge but the bears jumped into combat and stopped this move short. Once price came back down, again tested the 0.618, held support and started to rise I knew we had this one in the bag. The fact BTC price has broken above this symmetrical triangle and will soon close the current 4H candle above is extremely bullish IMO. Not only is this recent move alarming but check out the Alt Coin Market Cap chart posted below.... looks to me Alt season 2019 is about to break out! Remember... you heard it from me first! Because the Altcoin Market Cap chart is not from Tradingview you will need to click the link below to view this chart. FirstClass Crypto Telegram ~ @FirstclassEra Discord ~ @FirstClassEra discord.gg
BITMEX:BTCUSD.PLong
by FirstClassCrypto
1
Possible bottom found for some altcoins/BTC pair!Hello guys This is the sum of some alcoins vs BTC paired. On this chart I just noticed that we recently hit almost lowest levels for ETHBTC, XMRBTC,LTCBTC,NEOBTC,EOSBTC,IOTBTC,XRPBTC,ETCBTC Also I can see Wyckoff Accumulation and if this is valid in crypto we are at the bottom of this painful correction, so we might see a bull run soon and if correction is going to continue after this I would expect BTCUSD to drop faster that other Atcoin USD. I would love to hear your thoughts about this in comments bellow. Take care and good luck.
by CUBYC
11
Augur (REP) Possible Long, but likely going down.Rep is doing considerably well, but as we see from the bearish divergence and the state of the market right now, it's almost a certainty that this will fall. Therefore, if it breaks down, consider picking it up when it hits the green support line. Buy in: 3632-49 satoshi's Sell target: 3720 If it holds I would consider an entry. All the altcoins seem to be falling right now. I entered at 3835 satoshis. Thanks for viewing, I advise you to be trading BTC and avoid all altcoins for now. I will not be touching any altcoins until we show signs of another correction to the upside. On the flipside, I got into BNB. It seems that BNB just goes up and up and up.
RLong
by HD1184K
Substratum (SUB) Possible descending triangle (7% movement)Substratum seems to be holding support around the 4100 satoshi level but the resistance is getting lower and lower. Part of this may be caused by the sudden halving in volume, and thus liquidity, which means the people who hold thousands of Sub are able to severely impact the price. I have bought Sub at 4100 and am very concerned with how it takes just around 8k of the coin to drive the coin down 2%. I have had troubles selling my position at the ideal price as the buy limit orders are very few, and have had to wait until an individual buy order came in before selling. As we have seen with other coins such as TRX, a descending triangle will mean Substratum is likely to break down. Therefore, I would recommend having a stop loss at 4063. If this does break up, however, our target will be 4400 sats, netting around a 7% profit. If you want to take this trade, Buy in: 4100 satoshi, which has been the current support. Sell level: 4400 satoshi, which is going to be strong resistance. Thanks for viewing! I haven't made many charts as right now as most my trades have been on the smaller timeframes. The market hasn't been doing well enough for safe 3-7 trades. I do hope we will be entering a bullish market cycle so swing traders can have a few more opportunities on BTC/Altcoin pairs.
SLong
by HD1184K