Official altseason soon ?ALTCOINS .D
Altcoins Dominance testing very strong resistance since 2017 !!
If Break out this resistance can lead to huge bullish altseason
Keep your eye on it
OTHERS.D trade ideas
Others.D Inverted H&S On Daily. This didn't complete some time ago, having made a serious correction but here it is finally. This is a true thing of beauty and definitely one for the history books. It's hard to put into words just how important and special this is. Cherish this one traders. Alt season waits with open arms...
Will alts get more than a warmup? Growth from 2020 halving to ?ATH? , i think there's more to come, on one hand we have diminishing returns every cycle, but this cycle we have insitutions like GRAYSCALE,MICROSTRAT, private companies like TESLA etc.. adopting crypto.
Imo we have just seen a warmup so far in alts, and the real millionaires will be made soon..
Alt Season Flash Crash FirstI believe we will see a flash crash once before alt season starts. I'm mostly in alts and have no plans of selling and trying to catch this crash, but my gut tells me it will happen as it always has in the past before a big move actually takes place.
Altcoins dominance has RLHR formationFormation and targets are on the graph.
Altcoins dominance get stronger above 11.80
Just a reminder for myself
Sh** coin party is comingOther dominance is testing neck line also all time high
Sh** party is coming soon
When to sell, when to accumulateKISSS
Keep it simple and (easy)
I don't like to overthink or overcomplicate TA, just manage risk. We are past the accumulation point of alts imo, buying now is always a risk, im keeping a close eye on the upper resistance atm and will take profits accordingly. The base line and midway the Kumo cloud serve as good buy zones for me.
NO FA, DYOR
Altseason or wait some more? Will alts break out of the channel towards the upside? If you look at BTC, we just broke ATH and BTC.D looks like it wants to push higher too.
Other.D updateTo see a huge alt season market we need to see 12.60 % break up we are at an strong resustant and rejected from that about it 6 times before and if break we can see 1 or 2 years bull for alts by btc
When real alt season start? Some thought hereWhat we can see on the chart is bullish structure on weekly - huge ascending triangle + inverse head and shoulder. Questiion is - do we have another chance to buy cheper alts when price hit trendline again like in the end of december 2020? From january till now...lot of coins did 2x 5x even 10x as u can see in my latest analysis below.
So what do we need to see is this - After break up and retest the triangle - alts will skyrocket, Yes, S K Y R O C K E T. This can take weeks, maybe months. Prepare for something u have never seen before. This can be your life changing opportunity. If u have more questions about anything, feel free to ask me anytime...Cheers guys and stay safe.
ALT Season Bigger Than 2017 Coming Be PreparedMartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
DO NOT BE LEFT BEHIND Bitcoin Bull Market Is here right now
Crypto Is Very Bullish right now and should move a lot higher
ALT Dominance has potential parabolic structure
ALTs can Explode A lot HIGHER and XRP/ other ALTs should go parabolic
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
👽 Bitcoin Dominance or something else?After the last couple of posts, I have received all sorts of questions and requests. I thought it might be interesting for "especially the crypto traders" to ask the question, gather your opinion on so on...
🌟What do you make of crypto?
🌌As a whole?
👑Bitcoin's dominance?
🎰Other assets?
🎱Other crypto projects?
Here's a couple of snapshots -
This shows bitcoin Stochastic levels on a monthly timeframe.
Similar stochastic levels on a weekly.
This image show the current COT (commitment of traders) sentiment over the last couple of weeks (why we are struggling to go beyond the $50k region maybe?)
Bitcoins - Regression channel on higher timeframes
The last image show the other coins - excluding Bitcoin - it's current local order blocks and regression trend.
I would love to get your opinion, Ideas, thoughts on the situation. Pro or anti crypto - pro Bitcoin or have an amazing project in the crypto space...
Let's see what feedback brings.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
3 White soldiers in inverted H&S pattern formationHello everyone,
This is updated review for chart you can see below
The inverted Head and shoulders ( just painted out as I was previously expecting.
But what is good on it is actuall support by three white soldiers candlestick pattern on that Monthly chart whhich is forming
We are far away from monthly closing but if it is about to close like it is or higher then ...
What does it mean ?
1)What Is a Head And Shoulders Pattern?
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
2)What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
3)What Do Three White Soldiers Mean?
Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high. These candlesticks should not have very long shadows and ideally open within the real body of the preceding candle in the pattern.
4) What Do Three White Soldiers Tell You?
The three white soldiers candlestick pattern suggests a strong change in market sentiment in terms of the stock, commodity or pair making up the price action on the chart. When a candle is closing with small or no shadows, it suggests that the bulls have managed to keep the price at the top of the range for the session. Basically, the bulls take over the rally all session and close near the high of the day for three consecutive sessions. In addition, the pattern may be preceded by other candlestick patterns suggestive of a reversal, such as a doji.
Bitcoins dominance is on the other side very likely to drop lower as it paints exactly the opposite pattern the bearish one Head and Shoulders
5) The Difference Between An Inverse Head and Shoulders and a Head and Shoulders
The opposite of an inverse head and shoulders chart is the standard head and shoulders, used to predict reversals in up-trends. This pattern is identified when the price action of a security meets the following characteristics: the price rises to a peak and then falls; the price rises above the former peak and then falls again; finally, the price rises again but not as far as the second peak. Once the final peak is made, the price heads downward, toward the resistance found near the bottom of the previous peaks.
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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Where are alts heading, up or down?Study of altcoin market cap. This metric excludes BTC. Already have a daily cross on the 50 SMA over the 100 and 200. Expecting the 100 to cross the 200 SMA toward the end of the month and the crossover will be complete for positive proof of upside PA and buying pressure in alts. A HL close will confirm at crossover.
Altseason : The biggest event in the history is about to start
The biggest altcoin event in the history is about to start
Altcoins
The promotion of low prices is ending
We’ve never seen anything like it before
Buy fast
These are the last units
Tips For Buy:
PMA Pumapay
NPXS Pundi X
DTA DATA
GAME Game Credits
EXP Expanse
XDN Digital Note
OTHERS.D and ALTsaisonAlt season is in full effect.
Although cryptocurrency is generally in a bear market in March, I don't think that will be the case this year. The OTHERS.D chart looks too good. One thing to keep in mind that stable coins make up a significant component of this basket.
Bullish pennant on very long time frame. I'm expecting this to hit the top of the channel and then cool off for a few weeks after (where it then might be a good time to de-risk altcoins). One more pop to the upside then we are done for a while. We have had a great start to this year, but the party doesn't last forever! Do not be a bag holder.
If you were around in 2017-18, you know that Altcoins have the potential to bleed 99% of their value. Standout alts aside kept rising (e.g. LINK and THETA), but can you guarantee your alt is really that special?
