ETH USDT (Alts Update)Finally, Eth (Alt's Daddy) broke out of this pattern, also there is big resistance in 2k level (i would like to wait for this line to break for open a swing trade or any but setup) if it rejects by this line we can expect another touch at bottom of this pennant pattern
Also, BTC dominance decreasing and it seems that eth want to start Alts Party (eth need to close at least 1 or 2 daily candles above this pattern for break out confirmation)
Altseason2021
That is a wrap on this round of Alt Season....Remember the feeling of late August when summer was coming to an end and the idea of going back to school started creeping in? I hate to be the one that comes out and talks about school but we have more vacations coming up. Alt seasons come in rounds and they simply don't last forever. That was an awesome summer alt season we had. What does this mean? BTC dominance along with ETH will start absorbing more of the market cap over the next 4-6 weeks in my opinion. Nothing in trading is certain. I have marked out the next two targets for BTC dominance that I see happening this month and into next. Do I believe in many of the ALTS? YES...but you have to play the spots right. In other words Ill be adding and buying alts when BTC dominance starts to peak again. You don't want to be buying alts right here...these assets are up and need some correction. Leave comments you can disagree with me but you can't disagree with my record of being right on this website. What is the Shark telling you to do? Sell your alts and roll them to BTC and ETH for the next 4-6 weeks. When BTC Dominance hits the second target start buying your alts back. Once again I don't get paid for this I'm just here to help someone along the way to making money and taking control of their life. Swim with the Shark and make money.
Bronson-TheSHARK
XRP/Bitcoin & XRP/Ethereum ratio:In this analysis, I want to share you my perspective point that I see in these ratios that we can to use to earn Bitcoin or Ethereum in this altseason or bull rally in XRP.
Now, I will going ot enfocous in XRP/Bitcoin ratio to discuss. I have 3 targets to reach in this altseason for XRP.
Targets:
1. 0.000043 BTC
2. 0.0001 BTC
3. 0.00021 BTC
That are my targets that I consider to sell XRP in this altseason in Bitcoin or Ethereum too. For example: As I hold 4,534 XRP and I decide to sell XRP when it's goes to worth 0.00021 BTC. So, I multiply my 4,534 XRP in hold for 0.00021 BTC, and the result will be 0.95 Bitcoin. Or maybe, another target that I consider it's the 0.0001 BTC, and apply the same proccess to multiply, I can to get 0.45 BTC. That will being an excellent plan, but if I may to say you a thing, I'm continue accumulating XRP just making trading in Bybit until to achieve 10,000 XRP. If I accumulate 10k XRP, I can to get a huge proits in Bitcoin in this altseason, and if you multiply it for 0.0001 BTC, my 10k XRP it's there will be worth 1 BTC. ''
Now, if you're intersting more in Ethereum, noticed that I will going to show you my targets for this altseason:
1. 0.0012 ETH
2. 0.0018 ETH
3. 0.0036 ETH
That are my targets that I consider to sell XRP for Ethereum. Now, the same, as I hold 4, 534 XRP, and I decide to sell all my XRP when it's goes to wroth 0.0018 ETH, I get 8.16 ETH. But, as I continue accumulating, we can to earn more Ethereum, with 10,000 XRP to change when XRP reach the target of 0.0018 ETH, my profits in Ethereum will being 18 Ethereum. Remember, Ethereum it's the second biggest cryptocurrency and most expensive, just that Ethereum it's below of Bitcoin. Right now, 1 Ethereum worth $2,500 USD.
For that guys, XRP it's a giant cryptocurrency that becoming one of the top cryptocurrencies that it's so unique that pretend to resolve all facet in the use of money for the next financial industry revolution for our financial markets. Ripple it's the money of the banks and institutionals and the biggest mass it's coming to transfer the wealth in this cryptocurrency. Maybe, XRP it's a powerful cryptocurrency that nobody hoping, and XRP could to entry in the top #3 as the third biggest cryptocurrency, just for below of Bitcoin and Ethereum, but yes, XRP it's a monster cryptocurrency and a big competitor with others cryptocurrency like Binance Coin, Cardano, Chainlink, and much others. And I can't to imagine that XRP it's going to up to beat Ethereum and XRP take the place of Ethereum as the second biggest cryptocurrency just beating Ethereum and taking the throne as the queen.
For that, one of my goal it's to reach the 10,000 XRP making trading in bybit using my strategy until achieve my goal. And soon, I will going and show you my strategy to accumulate XRP and How Can you to find up 1,000 XRP, 3,000 XRP, or 5,000 XRP or 10,000 XRP. For that, you draw your plan to achieve it!!!
Guys, if you like this idea, you can to share this analysis with others traders, crypto-enthusiastic to join in my big community in Twitter and Trading View and together we change the world.
BTTUSD 0.020$
Based on inside bars(yellow bar) on weekly basis .
BitTorrent next target would be 0.020 dollar.
Very easy money.
Enjoy, like and share.
XRP loading up for another big run!Here's a quick look at XRP 1 hr chart. XRP had a massive run up where it almost touched the 2$ mark! since then the price has been cooling off and has formed a bigger bull flag. We should now wait and see how it plays out. The best entry would be at the point where the price breaks out from the yellow bull flag. Keep an eye on XRP!
The idea is: Buy the breakout from the yellow bull flag and Take profits at the levels shown in the chart.
Targets:
1. 1.86$
2. 1.96$
3. 2.3$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BTC.D - Bitcoin Dominance - Pt2; fractal, levels - hmmmmmBTC.D - Bitcoin Dominance - Pt2; fractal, levels - hmmmmm
see part 1. we are at part 1's warning zone levels now/// maybe it wasnt deep enough which is what pt2 is all about. part 1 wasnt very clean. but has played out perfectly. ie down.
hmmmmmmmmmm
when does the beloved alt/btc pamp end?
FCT/BTC trend reversal (300% to 1000% gains possible)+ RSI bullish divergnece
+ MACD bullish divergence
+ Volume is climbing up + some recent price movements with volume spikes.
+ Price did break falling wedge long term resistance.
+ Last few weeks altcoins are going crazy, but this one is still consolidating.
GL & HF ;)
ADA very close to breaking out!Here's a quick look at ADA 4 hr chart. As we can see, the price has been forming a bigger ascending triangle. The price broke out previously but fell back again. Now it might be attempting another breakout and watch for some volume at the breakout point. If it manages to break out with good volume, then we might see a 1.8$ ADA! Keep an on this one!
The idea is: Buy the breakout from the yellow triangle and Take profits at the levels shown in the chart.
Targets:
1. 1.55$
2. 1.78$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
New scenarios for COTI ... KUCOIN TA ...In previous days, COTIUSDT has tested dip points, and especially 0.5 fib level from which it has strongly retraced and has formed a double bottom in the 4H frame (circled in red)...
Now COTIUSDT is on a triangle, if we break it from above, we will visit new higher priced areas (new ATH) with small little corrections in each level...
Else, if COTIUSDT breaks the triangle from below, we will go deeper and retest 0.5 fib level from which we will retrace for sure ..
COTI has strong fundamentals and the TA is still bullish, and IMO COTIUSDT is still highly undervalued and my long term prediction is still 7$ for COTI in the bull run..
THIS IS NOT A FINANCIAL ADVICE! DO YOUR OWN ANALYSIS!!!
You're still early investing in DENT Today i am looking to the correlation between Dent and Ethereum pair which is very bullish and if you want to invest and have any doubts, you are REALLY EARLY to go in now.
I see a 5 X from here easily.
The 50 and 100 MA is almost reaching each other on weekly basis to crossover and go higher.
Left right shoulders on weekly basis.
What do you think early adopters ?
Like, share and thank me later.
BNB Loading up for another push to the upside!Here's a quick look at BNB 1 hr chart. As we can see, the price has been forming a falling wedge since its insane run up to 638$! Furthermore can we see that the price has found support on the long term support/resistance line. The best entry with the lowest risk will be at the breakout from the yellow falling wedge shown in the chart. Tho if we break below the long term support/resistance line, there's then a high possibility that we end up in the support zone shown in the chart as well. Keep an eye on this!
Note: The RSI looks good for another push higher!
The idea is: Buy the breakout from the yellow falling wedge and Take profits at the levels shown in the chart.
Targets:
1. 610$
2. 638$
3. 710$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ALTS Preparing For Correction, After tht 1Trillion Dollar MCAP.Hello Dear Traders,
In last Post i disscussd about btc trading in falling channel.
Now we will discuss what's cooking in ALTS MARKETCAP, In chart u can see when alts mcap tested 880B Mark immediately we seen sell off in alts.
on daily timeframe big red candle formed and after tht quickly alts regained bullish momentum.
BTC dominance Tested 55%, Dominance below 60% is great for alts. bt as we seen frm so many days dominance was continuously drooping finally when it tested 55% mark we seen solid support. i m expecting BTC dominance will rise from here and test again 60% mark.
Alts mcap is also looking very much exhausted, we need healthy correction, next strong demand will come at 650B mcap.
after tht alts will again pump hard and will cross iconic 1 Trillion dollar marketcap.
Dont go heavy in alts, wait for correction.
Divergence spotted -- again! Is $BTC showing a potential top?What does divergences tell you?
That while price action are making highers highs and higher lows, the buying pressure is decreasing steadily, which is almost always a signal for a reversal -- aka a bearish trend incoming.
Not since late Aug 2020 till early Oct 2020 did we see a slightly prolonged bearish trend stretching more than a month
And do you remember what happened when the bear trend gave way to this current bull trend?
$BTC's price action nearly 6x from the lowly doldrums of $10k then..
..but this isn't the takeaway here.
So what is it?
Well, my fellow crypto degens, two words: 'Alt Season'.
VITE/USDT Update!!!!! Must eye on this coin!! Good day!!
Tonight, the price action lands successfully on 61% retracement. As of the moment, im going to add some bag for this coin since I'm just trading this on spot.
My bias for this would be a trend reversal after landing on 61% retracement, in ADX indicator it is showing that the down trend momentum is getting weak in daily and 4 hours time frame which may strengthen our reversal bias.
Let's see what would happen next, since BTC made a new ATH again.
Alt season is coming, real alt season is coming.
We must be prepared on coming alt season.
Our total market cap reached 2.2T at this moment, so what would be the reason to be scared of?
Buy when everyone is scared. Sell when everyone is greedy! :)
Trade responsibly!!! :)
$VITE will make 100%-150% when this reversal was successful.
VITE has similar chart to NKN.
NKN made 300-400%
$VITE is NEXT. Lets do this!
Theta Loading up for a bigger move!Here's a quick look at THETA 4 hr chart. As we can see, the price has been oscillating in the bigger triangle for some time now, and we might see a breakout soon! When the price breaks the triangle, we might see a 18$+ THETA! Keep an eye on this one!
The idea is: Buy the breakout from the bigger triangle and Take profits at the levels shown in the chart.
Targets:
1. 13.9$
2. 14.9
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
STORJ (Storj) Tokens Analysis 29/03/2021Fundamentals:
Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption.
In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.
Two years later, an updated white paper was published. Here, a decentralized network — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.
People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens
As a decentralized cloud storage network, Storj is unique in more ways than one. For one, unlike traditional cloud storage solutions that store data in huge data centers, Storj runs on a network of thousands of independent computers.
Anyone with a few extra terabytes of space can become a node on the platform by installing Tardigrade. All that is required is a strong and consistent internet connection.
The efficiency of the network means that hosts pay far less for the storage of their data than when employing
Storj was founded by Shawn Wilkinson in May 2014. Wilkinson was a software developer based in Atlanta. He saw how blockchain technology could be leveraged to build a decentralized cloud storage network.
Together with his co-founder, John Quinn, the first white paper was published late 2014. Since then, the concept and details have changed. The current version of Storj, V3, was launched in the middle of 2019.
In addition to being a blockchain enthusiast, Quinn had extensive background in business development. Prior to founding his own projects (including Storj) he had been involved in the investment banking industry. The concept was finally incorporated as a company — Storj Labs Inc. in May 2015.
At the company’s inception, Wilkinson served as CEO. Later, he stepped down for a more experienced hand to take the wheel, with Ben Golub currently serving as CEO. Wilkinson is now the chief strategy officer (CSO), while Quinn serves as the chief revenue officer (CSO) as well as a member of the company’s board.
The platform was able to raise 910 bitcoin worth about $460,000 in 2014 in a public crowd-sale. They raised $3 million in a seed funding round three years later and then held a token sale, generating an additional $30 million that same year.
Technical Analysis:
the Price has touched the extension level 161.8% Fibonacci Projection and currently had retraced to the parallels leg of the same fib which the good sign of trend continuation to the 261.8%
there are total of 3 Targets which is the 161.8% fib Projection and the Past ATH and the other is the 261.8%, 361.8% with some price correction in between
14 $ ADA LONG TERM The first question I will ask you if you think I am crazy when I say that ADA can reach 14 dollar one day and from now because it is already flying from the CUP-Form after the U-Form was reached.
Let's discuss what you think ?
If everyone in the room disagrees then I am probably right.
Peace.
Altseason still at the beginning?massive head and shoulder pattern the diagonal trendline/ neckline will be the deciding point.
At the moment we are trading just before it and would expect a bounce for a short term end of the old season.
If we close below the neckline on the weekly chart, I expect another run of alts with sick gains to come.
THE ALTCOIN MARCH INTO HEAVEN : pt2 cleaned upTHE ALTCOIN MARCH INTO HEAVEN : pt2 cleaned up
most obvious fractal in the universe. will it play out again like a broken record. and make us all riiiiich? :P
just have to put it out there, I will indeed be very careful around those horizontal price points.
*insert*rain on me gif
DENT next long target around 0.0449 $As you see, we are making a big triangle rocket to go higher around 0.0449 dollar based on the previous highs. The small rocket from my last analyse didn't come out and wasn't strong so in my opinion i believe we're making a big rocket triangle to go higher.
Three confirmations:
1. pinbar up on daily
2. 20 day moving avereage support
3.hodlers are increasing on etherscan website.
Fundamentals are still strong: look to their roadmap.
Like, share and give your thoughts what you think
NLG/USD Awakens from Bearish Hibernation; Last stop: ValhallaThis project is one of the best kept secrets in the entire crypto space. While people chase after DOGE which has over 120B coins and very little development and only rises because of the Musk Effect, Gulden's current supply is ~0.475% of DOGE's...which makes the NLG supply *closer to BTC's supply than DOGE's supply is to Gulden's* ...yet DOGE is 4x the price of Gulden?! Think about that for a while.
In terms of "Value Investing", one might say that NLG's eventual and much-deserved appreciation will make DOGE's rise look modest by comparison, especially when you take into account NLG vs. DOGE current price per exchange volume in relation to aggregated available supply. There are folks selling dozens of millions of DOGE at 5 cent, meanwhile there are less than 5 Million NLG *that are even available to be bought from the order books*--That's how scarce NLG is since a significant percentage of the supply is locked into the Witnessing protocol that rewards holders which makes NLG objectively one of the safest, longest standing and efficient blockchains available. It just needs more promotional traction from popular influencers and a handful of fat cats to start entering the fray... and the price discovery that could occur for Gulden would (once again) bring the spotlight onto the vibrant fintech environment in which it can begin to flourish as a store of value and resume its status as one of the top merchant-centric and user-friendly cryptos available.
Green lines signify structural avenues within the incoming bull market.
Short term: look for consolidation in the 0.012-0.015 range to solidify and a break toward the recent local high of just over 2 cents.
Medium term: If it violates the 0.0225-0.025 zone and breaks noticeably back above this nearly 3 year price resistance at this level, look for another doubling effect up to 4-5ish cent range and around here another raucous consolidation hangout between the former resistance of 0.025 and 5 cent is likely. If we start flooding past 5 cents, then another doubling effect will likely occur.
Long term: 10-15 cents then becomes the next logical trading range for NLG to re-establish (since it traded in this zone for over a year between late 2016-early 2018 in the prior bull market in its early development phases, now it's way more seasoned).
Longer term: NLG Will eventually challenge prior ATH again (30x from here) and could even breeze past it the more capital inflows amplify and stay within the crypto sector, which appears likelier by the week at this point.
EOS Soon to break out ?Here's a quick looks at EOS 2 hr chart. as we can see, The price has been oscillating within a bigger ascending triangle for some time now, and there's not long before we a breakout here. When it breaks out, we might see a 8$+ EOS! Keep an eye on this one!
The idea is: Buy the breakout from the triangle and sell at the target areas shown in the chart.
Targets:
1. 7.5$
2. 8.5$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!