ALTCOINS Watch alts explode in 2023 if Dollar moves lowerThe chart is pretty self-explanatory. The Crypto Total Market Cap (top chart), which is the market cap excluding Bitcoin has had strong expansion periods when the DXY (bottom chart) was on a downtrend. The pattern behaviour before and after those periods seem to be consistent between them.
Now the DXY had a major rejection on a Higher Highs Resistance that goes back to March 2015. The parabolic channel before that seems consistent with the one in 2016. If we get a similar downtrend channel to the 90.000 Support similar to 2017, when expect the alts to explode in a major alt season.
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ALTS
It will pushed down from the Clip sooner or later. In case you didn't know, sometimes even I don't know short-term direction for $BTC. What I do then is to wait. Obviously waiting is better than doing risky shit. Market always provides good setups if you have patience.
Watching, for something like this maybe. Will decide then.
Bitcoin Technical Analysis Chart#BTC/USDT Technical Analysis:-
$BTC currently trading at $16900
As per chart Bearish Pennant Breakout Upward side so I am expecting up side move toward $$18600-$18800
Actually this is Bearish Pattern but We always focus on Breakout.
Upside Breakout mean We can see Some upward move.
Support:- $15600
Resistance:- $$18600
I had to do thisI had to do this chart to prove that the stablecoins within the BTC dominance chart do not interfere with the H&S pattern forming.
There is no way around it, BTC.D looks bearish. It wants to go for the new ATL. If you want to believe it or not, there is H&S in both, including stablecoins and excluding.
Again: This market is too big for one single asset to have 50% of the total MC. BTC dominance will eventually be around 10%, which still is a lot. May take a while, but it will happen.
We might be close to another big drop in BTC dominance which indicates that the Alts will outperform BTC by a lot.
Just want and see...
DOGE -Easy Trick, Targets with Moving Averages🎯Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A quick look at Dogecoin after the mini rally. DOGE loves moving averages . The moving averages is always a strong indicator of where the price could land after a correction towards the upside - and we see just that. Resistance in the 3D timeframe from the 200d moving averages. My observation on DOGEUSDT will conclude that this was just a correction to the upside following BTC increasing. I'd be looking to take profits here.
Interested in Bitcoin? Check out this idea on BTC, covering the fundamentals in the market at the moment:
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TOTAL ALTS ; WEVE MOVED!! update ; flip bull?yo yo we finally made some sorta move.
decided to clear this up a bit. these two macro fractals both kinda make sense.. we'll get a clear invalidation of one of them in a few days. lambos or traps?
i have no frigin idea which one but i bet one of them plays and it becomes more clear very soon.
regardless we prob have a few more days of UP to get everyone nice and semi hard again.
gl degens
ETHUSDT - Harmonic Bullish Bat Setup 🦇Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A Harmonic Pattern is hard to spot, and of top of that it needs to fulfill certain criteria before it can be considered a valid pattern. I've identified a bullish harmonic bat on Ethereum / ETHUSDT that is busy playing out. One of the criteria's still need to be filled : a drop to support zone of $1050 price range. From here, I detail a long setup with potential of +60%, according to harmonic bat pattern rules, entries and exits.
Cheat Sheet to Harmonic bat patterns, bullish and bearish :
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Why LTCUSDT Can Increase Another +50% 📈Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Unlike most of the cryptocurrency market, here's an altcoin that has been bullish over the last two weeks; Litecoin / LTCUSDT. IF we can CLOSE a weekly candle above the next immediate resistance zone around $75, $100 becomes a highly realistic target. It is though, important to see how the price will react at the resistance zone before entering the trade.
Since you're here 👀 Here's my outlook on BTC :
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A MEME Coin with a heart ... Bear Market Antidote #POORPLEBWorth a PUNT??
Low marketcap ... high risk! but I believe it will surpass the price it achieved on day1
From the plebifesto...
"We live in a world where the rich get richer and the poor get poorer.
The world of cryptocurrency is no different. The world is full of lost
hope and empty promises. Small players in the space are often eaten
alive by an unfair and biased structure. We are the last to know and
the last to react; we are simply crypto krill for the whales to feast
upon.
The system is rigged, they tell us to margin trade, they tell us to buy
serial numbers loosely related to JPEGs, they manufacture the narrative
and ensure the opposite; all in pursuit of the maximum amount of
casualties.
For too long we have been exit liquidity, for too long we have been
chastised, for too long we have been rekt…
No more…
The PoorPleb will finally have a chance to reign supreme…"
Majority Wrong AgainAbout a year ago, it was standard to open youtube and see one of these "crypto self-made millionaires", with those weird but not unnecessary facial expressions calling for BTC to reach 100k and then, 200k and then, 300k and...
As we already know, they were completely wrong. The BTC price chart not just smacked than in the face putting a shy 65k top but also gave them a second chance to scream 100k everywhere showing their fake long leveraged trade accounts to end up with another shy 69k top.
This BTC chart is a perfect example of how Chaotic Systems Level 2 works. The exactly fact of predictability turns the system unpredictable. So, if something is predictable, everyone would take their self-interest actions interfering with the course of the event itself, leading to a completely different outcome.
So, if BTC was going to 100k, it wasn't because market makers knew that and decided to safeguard their network and sold their BTC earlier, that cascade event, led BTC to top up at 65k.
What I am saying is that "BTC is going to", and no one can actually finish this sentence. The perfect unexpected outcome is always the best bet, the problem is when the unexpected outcome becomes expected it turns a lot less probable.
The funny thing right now is, the same guys screaming 100k, now are screaming 10k (passion for 1 and 0?) making the outcome expected more and more every day and also turning it less likely.
Another strong call right now within the Stretching Face Video Makers Community is that BTC is the best and altcoins are going to fall exponentially against BTC.
So, as I have been saying in my last few posts, the scenario to come will be neither the most popular ones. It will be the one to prove the majority wrong.
Another example is when the cool guys from the scam Telegram group, organise a day for everyone to buy the same dog shitcoin to force the price to pump. Because everyone "knows" the outcome, everyone takes their previous interested action (buying before the agreed day) and the price actually falls, the opposite happens.
I will repeat once more to make sure is registered here: Do not be surprised if we see an altcoin season very soon. Also, do not be surprised if the majority of the blue ship coins that already had a massive run (ada, sol, eth, doge, shib, etc...) do not put a new ATH and get stagnated in a retracement, and others coins that did not have a new ATH and barely had a Bullrun (eos, xrp, etc...), explode, rising hundreds of per cent in days.
This scenario is not expected, therefore, becoming most likely every day.
Crypto Total Market Cap room to fall 50% (Harmonic Pattern)Looking on the weekly chart of the Total Crypto Market Cap, I expect crypto to fall further.
I suspect that bitcoin will reach its bottom before many alts as it happened in 2018.
Once the total Market cap reaches 300-400B a bottom is likely in for the crypto space.
ADAUSDT - Jan 2021 Fractal: BUY ZONE for +550%Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
ADAUSDT Lost a crucial support zone @40c. The next immediate support zone is only at 22c. From here , I expect the price to hover around and trade sideways until the next bullish cycle arrives (you may need some patience for that) . The spot profit potential could be up to 550%; as this is how high the price went the previous time it touched 22c in a fractal during January 2021. So not considering the IMMEDIATE term, I am bullish on Cardano from 22c because there could be a high demand zone there.
The Cardano video I mention is this one right here; a few days ago when I called the continuation of the bearish market early:
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Bitcoin Short Update ( Fight Between Bull and Bear )#Bitcoin Short Term Analysis:-
$BTC Current Price is $16900
As Per chart Looking Bearish and Waiting for Retest.
Retest Level = $18700
Resistance:- $20700
If BTC Rejected $18700 Then High Probably to Hit $12000
But Keep in mind Another scenario also:-
If Breakout $18700 and Hold $18700 Level upward side then We can see $32000 in Short term.
Never trade Blindly.
Always open any trade after Confirmations.
Note:- Never Forget to Accumulate bitcoin For Long term.
This Price we never see in Future.
TRON/BTC Ready for Another 60% Down Move..?#TRX/BTC Technical Analysis:-
#Tron currently trading at 314 Satoshi area and 360 Satoshi is Strong Resistance Zone.
I think it will Not break in this Cycle.
I am Also Brarish in #Tron/BTC Pair and Expecting another 60-70% Down Move from This Level.
Sell Point :- 320-360 Satoshi
Targets:-
TP1:- 250 Satoshi
TP2:- 180 Satoshi
TP3:- 140 Satoshi
Always Try to Buy Partially and Never buy in One Lot.
Please Like and Appreciate.
Thank you.
XRP Bear Market Fractal pointing to 2020 lows at $0.10If XRP repeats the price action from the last bear market then we could see retesting 2020 lows and maybe even sweeping the low.
Applied the fractal to the chart.
We are here at the highs seeing similarities in (cyclic) RSI and supertrend retest.