If you think the AltSeason is Over, think again...Now things with the Bitcoin Dominance can really get exciting!
This is because what we might be witnessing a potential completion of a 455-day-long ABC corrective pattern. Building on our earlier analysis of BTCD, we highlighted a clean bounce off the 641.4% Fibonacci resistance.
Altseason
RAYWaiting for retest and daily - 4hr RSI to reset. Then we should go for 150% gains.
Should keep a keen eye on this one, it might just move sideways instead of going down to retest support, possibly starting to slowly enter the trade when 4hr RSI starts resetting
What is Raydium?
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:
Staking to earn protocol fees
Staking to receive IDO allocations
Governance votes on protocol decisions
MaviaMavia looks bullish again. perfect time to enter again for easy gains. Taking profits from +80%
About Heroes of Mavia
Heroes of Mavia is a mobile free-to-play Web3 MMO Strategy game developed by Skrice Studios. The game takes place in a fantasy-themed island called Mavia, where players build bases on plots of land and battle neighboring bases and armies to earn in-game resources, such as Gold, Oil and Ruby. Players must strategically place defensive buildings on their base such as walls, turrets and traps, in order to defend against opportunistic attackers looking to steal resources. Resources can also be stolen from rival bases through attacking opponents with land troops, vehicle and air units. Ruby is earned through battling enemy armies, and can be used to upgrade Land, Statue and Hero NFTs.
MCHC - My crypto heroesMCHC - My crypto heroes Looks bullish on 4hr. Breakout might happen anytime now.
it's lowcap (4mil) gaming token, I'm slowly stacking this one for long term, not planning to sell anything before 2025 except we get huge price boost.
What Is MCH Coin(MCHC)?
MCH Coin is a governance token ofblockchain game, "My Crypto Heroes(MCH)". MCH has a large community in Japan and global, and has the track record of world's No.1 blockchain game in 2018 in dappradar.
MCH is the governance token that is used for:
Decide the in-game rule.
Elect for the next producer.
Payment in OpenSea for MCH NFTs.
MANTAManta should go sideways or slightly down and then we go up for 2x. This is a new coin meaning it's high risk, but it's in most major exchanges so I don't think it will crash.
The move might take about 1-14 days to happen. slightly better price than current one is still possible so I would slowly buy in.
About Manta Network
Manta Network is the modular ecosystem for web3. Users can build and deploy any Solidity-based decentralized applications on Manta and leverage its technology stack to deliver faster transaction speeds than an L1 and lower gas cost than an L2.
BTC : Called IT ! Bitcoin DID IT 🥳 New ATH LOADING📉Hi Traders, Investors and Speculators of Charts📈
I used a very specific technical indicator to call the start of a new ATH season. Find the details of the indicator and the idea below.
Link to old idea here 👇 :
I'll do an update tomorrow on where I see BTC going from here, since we still see a lot of buying pressure.
From here, I expect altcoins to start making their rallies . Find more info on alt season 2024 here:
Cheers to another profitable day in crypto 🥳 And remember to realize gains🥂
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BITSTAMP:BTCUSD
AUCTION - Altcoin Will Moon
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here.
There is a huge difference in accumulation between accumulation and distribution. Auction is in accumulation.
This is a moon structure. Be prepared to make large gains from this pattern.
Please watch the video for more information
Have a great evening.
DOGE - THIS INDICATOR could call the TOP/BOTTOM📉Hi Traders, Investors and Speculators of Charts📈
Bitcoin is undoubtedly on it's way to making a new ATH, and we're starting to see decent rallies across the altcoin market... finally.
But a challenge during this phase of the bullish cycle is to determine pullback zones.. Where could the correction end up? I have recently discovered an indicator that works especially well on lower timeframes to assist with identifying potential large demand zones based on wicks.
It's a great tool; make sure you check it out!
Check out yesterday's post about Altseason 2024:
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BINANCE:DOGEUSD
LDO Is VERY Close To MOONING
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
LDO is trying to break out. It will have a nice move in very near future but watch the video to find out when it can moon. You don't want to miss this when it starts to move.
It has very good structure and price action Similar to CHZ and MATIC last bull market
it's a moon structure
Please watch the video for more information
Have a great evening.
Alts vs BTCThis chart was shared once by famous and respectful trader @HsakaTrades
It represents us the dominance of ALTS in the market. Once we see significant pump - Alts usually do parabolic rally.
Currently chart shows us possible bounce:
The trigger to this is uptrend move of the price.
Also RSI shows us bullish move.
But, we may see the bearish reaction from 9.32M level (red line), where W 200 ema crosses which can stand as a resistance. And if we look at the history, so far the price couldn’t close above this level on the M timeframe
Also from RSI side, I expect it to come to 50% level from which it may reject, for bullish momentum it should cross 50% (will write about it below)
So, once the price comes to the 9.32M level, we as traders should be cautious with leverage longs. But, it doesn’t mean that you should open short positions. I never short the TREND
What can happen once the price reaches 9.32M level?
1. Either we see bearish reaction and at this time market decides to correct -> BTC dumps 10 - 20 or more %, and ALTS vs BTC chart will dump till next possible support (blue box) from where I will expect a significant bounce with real bullpen
In this case RSI rejects from 50% level and dumps till 34% or below (if it does, look for bullish Diver on D TF and other TFs)
2. BTC goes parabolic and the price of Alts vs BTC chart manages to break above 9.32M level with Monthly close above it, in this case it will pump until the levels above that you can see on the chart
RSI in this case breaks through 50% and goes higher towards to 70 - 80% or higher. -> ALTS go insane
Conclusion:
Be cautious once price touches 9.32M level
VRA/USDT Bullish Higher Timeframe Targets #VRA #VRAUSDTHere we see our VRA Weekly chart and you can see it's showing strength now . VRA is pushing up over that dark blue 200MA line and that's very Bullish in my opinion . Altseason seems to be upon us as Bitcoin is right below its' previous ATH . If VRA can get back to it's previous ATH price near
.088 cents then targets above there could be the following fib levels -
1.618 fib extension near .14 cents
2. fib extension near .175 cents
2.618 fib extension near .22 cents
NFA DYOR but VRA is known to have a strong community and possible good news with tokenomics this year
Get Ready for ALTSEASON 2024🥳📈📉Hi Traders, Investors and Speculators of Charts📈
Bitcoin is undoubtedly on it's way to making a new ATH. But one question is on everyone's mind... wen altseason ?
Parabolic rallies often occur across the altcoin market after a steep increase on BTC and when BTC trades sideways and loses dominance (BTC.D). I'm not going to go into too much detail here, as I've already covered the rotation between BTC and Altcoins in another post here:
I also called the start of a new bullish cycle here:
And then went on to call a few alts early to watch for then coming bull cycle:
ARE YOU PREPARED FOR ALTSEASON 2024?
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CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D COINBASE:BTCUSD BINANCE:BTCUSDT
Trade Opportunity - MOON COINMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
QUICK will have have a nice move in very near future but watch the video to find out when it can moon . Very important information
It has very good structure and price action , it reminds me of how many other coins set up in the last Bull market before it went parabolic and of course similar to AERO and other ALTs that just mooned
Please watch the video for more information
have a great weekend
RNDRBullish continuation for RNDR. We can squeeze another 40% to 50% out of this.
This is more risky trade, it rose a lot already, but people are still very interested in it. DYOR
What is RNDR?
RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token. During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.
🔥 ALTSEASON Nearly Here! Watch This Chart 🚨In this analysis I want to make an educated guess on when the next bull-market (read: altseason) will start using the Bitcoin Dominance (BTC.D) chart.
An uptrend in Bitcoin with a falling dominance would be the ideal case for alts.
As seen on the chart, the altseason previously started by a top in the BTC.D and a consecutive fall afterwards. My best guess would be that BTC.D will continue to rise until it hits the top diagonal resistance.
In other words, Bitcoin will likely outperform alts for the time being. Later, likely after the halving, alts will start outperforming Bitcoin for 6-12 months and lead to huge returns.
Share your thoughts 🙏
Cetus ProtocolCET in a nice pattern. There is no actual support nowhere around previous ATH so we might even touch it or go slightly above.
RSI and some other indicators indicating a move up.
About Cetus Protocol
Cetus is a pioneer DEX and concentrated liquidity protocol built on the Sui and Aptos blockchain. The mission of Cetus is building a powerful and flexible underlying liquidity network to make trading easier for any users and assets. It focuses on delivering the best trading experience and superior liquidity efficiency to DeFi users through the process of building its concentrated liquidity protocol and a series of affiliate interoperable functional modules. Permissionless All the major tools and functions on Cetus are basically built with a permissionless standard. It allows users or other applications to utilize its protocols for their own use cases at any time. No matter it’s to set up a new trading pool, or to allocate incentives to rent liquidity from the public. Programmable Cetus is building a highly-customizable liquidity protocol based on CLMM. Through flexible composition of swap, range order and limit order, users can almost conduct all kinds of complex trading strategies that could be achieved on a CEX. Besides, liquidity providers are also able to execute various Maker strategies using CLMM to maximize their liquidity efficiency. Composability Cetus embraces the concept of “Liquidity As A Service”, so it puts emphasis on the ease of integration when building its products. Developers and applications can easily access the liquidity on Cetus to build their own products such as liquidity vault, derivatives, leveraged farming, etc. A new project team can also easily set up a swap interface on its own front end by integrating Cetus SDK, which will help them access the liquidity of Cetus and even the whole market real quick. Sustainability Cetus adopts a double-token model fueled by CETUS and xCETUS. Long term and dynamic incentivization sustained by protocol earnings is implemented to reward those active participants of the protocol. It wants to make sure the real contributors of the protocol can be effectively incentivized by the scientific token economy.
CHZUSDT Trade Idea - Moon wainting! Tick, Tock...Hi to all TV people, today I charted Chilliz .
This is NOT a major cap coin, but who cares... we want moon right?
Here we have a few data:
Market Cap: 561 Million
All Time High: 0.8915$
Today's price: 0.07364 (-91.83% from ATH)
Low market cap means more room to grow, on the other side more volatility.
Chilliz broke out from descending wedge forming from January 2023 . Measured target is a 2X from here . I think more is yet to come. Just be careful about crypto and global market conditions.
In my opinion we can reach easily 0.14 mid-term. We need to watch more from the rest market to know if there are the conditions for this alt to grow more.
My suggestion is to hold spot in your alts bag, no leverage.
Not a financial advice, always DYOR.
Good luck.
ShadowPlayer.