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ALTS

Bitcoin looking Ehhhh. Hey guys, I am going to make it quick. - We been in this channel since JAN 2023 & respected the channel levels. - Bitcoin hit our first channel support and bounced to mid range, similar to what happened in June 2023 and we went down to the second backup channel as support. - We have had our 5th consecutive green month which is this month, it is normal and fine for markets to dip but you do not want to be a FOMO buyer on green candles like this. I am expecting downwards for bitcoin to be honest with you guys, maybe towards 33-36k range, i am currently offloading some long leverage positions i placed around 37k around these area's. I still hold my spot positions and looking to hedge against it.
Short
by MollyTA
LTC - THIS INDICATOR says SELL 🤔📉Hi Traders, Investors and Speculators of Charts📈 Litecoin / LTC is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1. According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the second impulse wave (2-3) only AFTER the BTC halving, which is set to happen in April. So far, we've seen a correction / pullback across all crypto's. BTC corrected from 48k to 41K and now hovering around FWB:42K where it has found support. But across most altcoins, the bears are controlling the lower timeframes. HOWEVER - this is a great opportunity to get in at lower prices before the second impulse wave starts. The second impulse wave is know to be the biggest one, with the biggest increase - and that's what we're looking forward to after this correction is over. For the short term though as pointed out, I'm expecting LTC to trade range or perhaps even slightly lower. This is a great re-accumulation zone, incase you missed the first one. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the market s. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:LTCUSD.P BINANCE:LTCUSDT COINBASE:LTCUSD
Short
by CryptoCheck-
4
The time to be bullish on ALTS is NOW.It hasn't been that long (October 05 2023) since we called for the start of a major Alt Season ahead: As you can see, we caught the absolute bottom on the 494.45 Support, a pattern purely modeled out from the January - April 2023 sequence. On today's market update we look it from a wider perspective by comparing the current price action to the previous 2 Cycles. Based on the 1W RSI and Gaussian Channel, the current market consolidation since December is very similar to August - October 2020, April - May 2016. We are above the Gaussian Channel, which turned green after the week of January 08, supported by the blue Lower High Support Zone. The 1W RSI has pulled back from the December 2023 overbought levels, which is again similar to the 2020 and 2016 sequences. We are basically on the symmetrical Support level where the past consolidations bottomed. As a result, the Alts Market seems to be around the lowest level one can enter before rallies similar to late 2020 - 2021 and early 2016 - 2017 take place. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTOCAP:TOTAL2Long
by TradingShot
2
ADA : This FRACTAL shows New BULLRUN 📢📉Hi Traders, Investors and Speculators of Charts📈 ADA / Cardano has spent an extended period in the "Accumulation Zone" (this basically means sideways trading at very low prices). According to Wyckoff Method, this is the pre-cursor to a new bullish cycle. The new bullish cycle is identified when we see a breakout ABOVE the range trading zone. This is where our fractal comes in. Cardano has previously done a similar thing where the price stayed in a tight rage for an extended period of time. This, was infact the precursor to the bullcycle that led to the previous ATH ! If you didn't get an entry in the accumulation zone, now is your second chance before the price starts another bullish cycle. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:ADA BYBIT:ADAUSDT.P BINANCE:ADAUSDT BINANCE:ADAUSD COINBASE:ADAUSD
Long
by CryptoCheck-
1
Not a good day for Bulls today.. Feds got a Dual 'delay signal!🚨 Attention Traders: Important Market Update 🚨 Today's job report has delivered a curveball for bulls in the market. The U.S. economy added a staggering 353,000 jobs, far surpassing the expected 187,000. While this is fantastic news for the dollar and reflects a strong economy, the implications for traders are mixed. 🔍 Why the Caution? The unemployment rate dropped, indicating fewer people without jobs, which ordinarily would be purely good news. However, the average hourly earnings have also risen – signaling potential inflationary pressures ahead. This could mean that the Federal Reserve's next big challenge will be price stability, not employment. 💡 Fed's Dual Mandate: Remember, the Fed has a dual mandate: maximum employment and price stability. Today's data ticks the box for employment but raises the red flag for inflation, hinting that the Fed might not be as quick to cut rates as we hoped. 📉 Impact on the Markets: This is a pivotal moment, especially for risky assets. We might need to brace for a stronger dollar, which traditionally doesn't bode well for assets like gold and cryptocurrencies. 📊 What's Next? Shorting Opportunities: With a bullish dollar, look into shorting opportunities on assets like Bitcoin and other altcoins such as AVAX. Gold Watch: Keep a close eye on gold. With these figures, gold prices could dip below $2,000, presenting potential entry points for shorts. 🔄 Portfolio Adjustments: It's time to reassess and readjust portfolios in light of this new data. Today's results are a stark reminder of the importance of staying vigilant and adaptable. Stay tuned for more updates and strategies as we navigate these market developments together. Trade smart, and let's tackle these challenges head-on. One Love, The FXPROFESSOR 💙
CRYPTOCAP:TOTAL3Short
by FX_Professor
1
XRP: FINALLY💥 RIPPLE Victory in SEC CaseHi Traders, Investors and Speculators of Charts📈📉 Congratulations to all the XRP HODLERS 🤩🥂 (quick recap) ...The SEC case against Ripple was a legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the XRP cryptocurrency. The SEC sued Ripple in December 2020, alleging that XRP is a security and that Ripple had violated securities laws by selling XRP without registering it with the SEC. Ripple Labs denied the SEC's allegations, arguing that XRP is not a security but a digital currency. The case went to trial in February 2023, and on July 12, 2023, Judge Analisa Torres ruled in favor of Ripple Labs. Torres found that the SEC had failed to adequately prove that XRP is a security, and she dismissed the case. The ruling is a major victory for Ripple Labs and the cryptocurrency industry as a whole. It could have far-reaching implications for the regulation of cryptocurrencies in the United States. 👉The SEC failed to prove that XRP is a security. 👉The ruling could have far-reaching implications for the regulation of cryptocurrencies in the United States. 👉The ruling is a major victory for Ripple Labs and the cryptocurrency industry as a whole. This furthermore confirms my bias for the beginning of AltSeason 2023, check it out here: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
KRAKEN:XRPUSDLong
by CryptoCheck-
116
🔥 Altcoin's In A Huge Bull-Flag: Break Or NotEver since the ETF I've been dominantly bearish on the market. My expectation was that the ETF would be a longer-term top. However, the short-term looks quite bullish. If TOTAL3 (total altcoin marketcap) can break out of this bull-flag pattern, this could signal a continuation of the bullish trend. I'm still wary. However, if the market can prove that a reversal is playing out and that the trend will continue, I will naturally switch my bias. In case of a break out, my target is placed at 585B, which is the first big resistance from back in 2022.
CRYPTOCAP:TOTAL3
by FieryTrading
2
SOL IS LEADING ALTS NOT ETH + SOL.D 14.47% TARGET 2025Comparing behaviour_ ETHBTC SOLETH LTCBTC SOL.D ETH.D BTC.D SOLBTC XLM.D XRP.D DOT.D LINK.D ADA.D I CONCLUDE: SOL is overtaking ETH and ascending to 14.47% dominance by 2025 regards ANY narrative / tech / advantage / anything but the charts, oscillators and benchamark top 50 projects against btc. SOL is the only project from 2021 reaching ATH Dominance with 2021's Market Cap. I cannot compare any other project regards it's age, measurement is made agains top runners on dominance past cycles vs USD & BTC. Most pay attention to ETHBTC relationship, my take is, SOL is leading ALTCOINS now, not ETH. Happy Harvest. AE
CRYPTOCAP:SOL.D
by TheMatterMaker
BNB - WATCH OUT 👀 4h Support Breaks📉Hi Traders, Investors and Speculators of Charts📈 In the lower timeframes, sellers have taken control and the price is trading right on top of a very important support zone: If we lose this support, the next likely bonce zone is only around 175: From a macro timeframe, the technical indicator is still bullish (as long as the green trendline holds: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:BNB BINANCE:BNBUSDT BINANCE:BNBUSDT.P BINANCE:BNBUSD CRYPTOCAP:BNB.D MEXC:BNBUSDT.P
Short
by CryptoCheck-
2
Double Bottom w/in Adam & Eve That Could End the Alt MarketWe have a double-bottom on the monthly, which also looks like Wyckoff Accum when viewed from the weekly timeframe. It has already broken out and initially targets around 58%. Should that move break through the resistance between 58 and 71%, it could confirm a giant Adam and Eve pattern which could easily send Bitcoin Dominance back near 100%; potentially spelling the end for the vast majority of the Altcoin market or even crypto altogether. This is a monthly chart, so a lot can happen along the way. I even have a bearish outlook on the daily that I recently published, that after publishing the bullish outlook showing the weekly Wyckoff pattern. Still, long-term we may be headed back near 100%, with the pre-requisite of reclaiming 71%.
CRYPTOCAP:BTC.DLong
by dudebruhwhoa