Altcoins
BTC Breakout Happened..Bitcoin gave the breakout from the ending diagonal pattern as stated in the last post. Outlook should be bullish now from here on and the targets to look out for now are first touch 200 Day SMA and then towards 50k. #Altcoin might give bigger gains from here.
#bitcoin #altcoins #btc #crypto
BALRAMPUR CHINI ANALYSIS 20.04.2022BUY 411 TO 436
TARGET 660 TO 680
Reason For Buying This Script :
In this script it forming Elliott wave in monthly time frame. Now the price in 3'rd to 4'th wave which indicate selling. Once the price come at above given level means try to accumulate.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
Trading Signal For Dogecoin Trading Setup:
There is a Trading Signal to Sell in DOGEUSDT Dogecoin (Futures)
Traders can open their Sell Trades NOW
⬇️Sell now or sell on 0.1480
⭕️SL @ 0.1540
🔵TP1 @ 0.1356
🔵TP2 @ 0.1250
🔵TP3 @ 0.1085
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
BTCUSDT chart shows the indication to take support @ 40856.57.BTCUSDT chart today shows the indication to take support @ 40856.57 and if it breaks that level in 4 hour time frame on Monday UTC market open time, we might see a fall to 39097.76 within next 4 to 5 candles of 4hr TF. I will not trade futures until the candle remains in the red rectangle zone shown in my chart.
BTC shows a weak support @40856.57 and very strong support at 39097.76. I am taking part entries for my spot in #solana,#sand, #ada, #atom, #iotx and #avax
Once BTC reaches 39097.76 I will take major spot entries in above mentioned alt coins.
Happy & Profitable trading to all crypto community. :)
Trading Signal For DENTUSDT Trading Signal For DENTUSDT
Trading Setup:
There is a Trading Signal to Buy in DENTUSDT DENT
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 0.002214
⭕️SL @ 0.002014
🔵TP1 @ 0.002672
🔵TP2 @ 0.003393
🔵TP3 @ 0.004320
🔵TP4 @ 0.006049
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Bitcoin | The Best Course Of Action Now | What To Do?Bitcoin (BTCUSD) is now in correction mode from the bearish wave... What is likely to happen next?
The conventional markets continue to look bad and ready to crash.
We have tons and tons of inflammation (or inflation?), the war is just another catalyst that can make the markets unpredictable everyday.
So what to do, what is the best course of action?
We have been bearish for long but nothing goes straight down or straight up...
Prices will fluctuate but with all this uncertainty, it is better to sitout, step-back, wait for things to unravel and only jump back in when the all the drama/noise is gone.
Late March the latest... Spring...
Thanks for the continued support.
Namaste.
Bitcoin Corrects Over 84% From Major Bullish WavesThe title says it all...
Since many people are saying that the correction is already over or that whatever number is the "for sure" or "confirmed" low...
Let me share with you this chart.
We don't know exactly how far down it can or will go, we just know how Bitcoin behaves after each bullish top.
Over 84% right after 2013 and 2017.
So far we have seen -58% from the last top.
Just saying... There can be more.
Namaste.
Bitcoin Enters Consolidation Phase (Short-Term 4H TA)We have a bearish bias developing once more short-term.
We have a strong rejection at the ~$45.5K resistance level on 10-Feb.
What follows is a lower high and a break below EMA10.
EMA50 is now being challenged as support and very likely to break.
If the resistance continues to hold, we will see Bitcoin next move to around $40,000 followed by $38K.
You can find additional support levels on the chart.
Namaste.
Bitcoin vs Cardano, Ethereum, Solana, SPX, NDX & DJI + Altcoins I've been looking at the major US indexes (SPX, DJI & NDX), as well as some of the TOP Altcoins within the cryptocurrency market (Ethereum, Cardano, Solana, Polkador), they are all bearish right now on the major/weekly timeframe.
This week we saw mentions in the "news" about Bitcoin and the S&P 500 Index detaching... Sounds fishy.
Maybe detach over the weekend so we get a surprise dump on Monday...
We have a strong downtrend with Bitcoin since November 10 and we were expecting a bounce and the bounce took place.
Bitcoin set the low at $32,950 and bounced to $45,850, that's 39%, really strong.
This same level where we are seeing a rejection now matches EMA50 and EMA10 (around $44/$45,000).
The weekly candle hasn't close though, it closes in 6 hours from now but the bears are getting the upper hand on this chart.
There is some potential to see the Altcoins growing, the smaller ones, while Bitcoin and the major ones correct but, there is always an initial strong reaction if the big ones drop where everything drops... We just wait, it recovers in a few days.
Stay calm.
Keep a calm mind.
As spring comes (March) everything moves ahead (UP/GREEN!).
Thank you for reading.
Hit LIKE to show your support.
Namaste.
Bitcoin Weekly vs Altcoins, Potential Scenarios, Bottom, New ATHToday is Saturday and we approach the weekly candle close, we can look at multiple scenarios with the highest potential for Bitcoin in the coming days based on what we have today.
Let's get started.
(Read until the end and reply in the comments section with your potential scenarios or future predictions for Bitcoin and the Altcoins market)
Bitcoin Weekly vs Altcoins & More
We have the current candle (-1), and we have 3 candles before this one squared in light blue.
The (-2) candle from 24-Jan. gives us a hammer.
The hammer is a bullish candlestick and here it comes up right at the bottom of a trend, which is perfect because that's when the hammer is most effective.
The next candle (+1) we have a full green candle which confirms the signal given by the hammer; a reversal signal and later with this candle Bitcoin grows.
The current candle is good but the week is yet to close.
If this weekly candle closes above EMA10 ($44,210), we are looking really good and we can say probability favors that Bitcoin will go straight up.
But, if instead this candle closes below EMA10, there can be a drop that can take us to the next low or just a lower high for the bounce to fully show up.
We have many bullish Altcoins and if Bitcoin goes strong bearish they cannot grow.
Maybe we are going to be seeing Bitcoin going straight up or sideways, if it drops but ends at a higher low before growing this would support the Altcoins in their bullish move.
Once Bitcoin reaches the high for the bounce, then everything drops and we get the last low... With this new development in place, from the bottom, we can have some long-term growth...
We have several scenarios to consider but let me leave you with this one... Once spring comes, everything goes up.
It is the season.
Market cycles...
Only after we have a confirmed bottom, I will tell you about the next bullish run.
You are BIG!
YOU DESERVE THE BEST!
You are precious.
You are LIFE itself.
Value yourself...
Love yourself...
Choose to win.
And have some fun.
Namaste.
Bitcoin Cup & Handle Pattern + Name Your Altcoins (TOP 3!)Beautiful weekend my beloved cryptocurrency trader, that is what I seeing these days...
We have the classic Cup & Handle pattern in the Bitcoin chart (BTCUSD 4H) which is considered bullish and comes up after a correction/near support.
With this pattern in place and many Altcoins preparing to go up... We can expect Bitcoin to also jump if we stay above MA200 (now at $40,270).
You can find additional details on the chart.
Visit the "Related ideas" below for many Altcoins that are showing great potential.
Name Your TOP 3 Altcoins
Feel free to leave a comment & hit LIKE, now with your TOP 3/favorite altcoin pairs for me to look at in the coming days.
Thanks for your continued support.
Namaste.
Trading Signal For VELOUSDTTrading Signal:
There is a Trading Signal to Buy in VELOUSDT VELO
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.0718
⭕️SL: close below 0.050
🔵TP1 @ 0.1133
🔵TP2 @ 0.1885
🔵TP3 @ 0.2800
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Trading Signal For SLPUSDTTrading Signal:
There is a Trading Signal to Buy in SLPUSDT Smooth Love Potion
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.010
⭕️SL: Close bellow 0.008
🔵TP1 @ 0.017
🔵TP2 @ 0.0249
🔵TP3 @ 0.0350
If you liked our ideas, please support us with your likes 👍 and comments .
Trading Signal For MAHAUSDT Trading Signal:
There is a Trading Signal to Buy in MAHAUSDT MahaDAO
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️⭐️
⬆️Buy now or Buy on 3.89
⭕️SL : Close below 3.5
🔵TP1 @ 5.50
🔵TP2 @ 6.80
🔵TP3 @ 9.66
If you liked our ideas, please support us with your likes 👍 and comments .
Bitcoin Weekly EW Complex Correction & Volume AnalysisHere we have a very basic/beginners wave count.
We have the impulsive (1,2,3,4,5) and corrective (A, B, C) waves mapped since January 2015.
Based on EW guidelines, the 3rd wave of an impulse has the highest volume.
Corrective waves tend to have low/decreasing volume.
Knowing this, we can easily figure out that we are in a corrective wave after Wave 5 ended of the last impulse.
This is a complex correction, where Wave B makes a new high compared to Wave 5 but wave C of the corrective move ends in a lower low compared to Wave A.
Here we are just looking at the volume, there are many more signals of course.
The market needs a flush-out before it turns.
Namaste.
Bitcoin Levels To Watch For (4H TimeFrame) + 2 ScenariosAfter moving away from the 1H timeframe chart, we have the 4H for BTCUSD.
Here we can get a better picture at our "local resistance", in this case we can see it clearly as EMA100 or the blue line on the chart.
Every since the 24-Jan. we have higher lows on this chart.
The "EMA100 RESISTANCE" is being challenged over and over.
The more a resistance level is challenged the weaker it becomes.
We have many attempts at EMA100 so this resistance should be becoming weaker.
Here is how it will go.
Scenario 1) Bitcoin can break above this level if the bulls keep pushing.
Scenario 2) On another rejection, we can see a test of support and then another try at resistance.
We have some mixed signals/feelings here with this ascending triangle but at the same time strong resistance... Patience is key.
Leave us a comment, share, follow & like to show your support.
Namaste.
$38500 Breakout or Rejection? Bitcoin's Same Local ResistanceWe've been looking at the $38,000 - $39,000 price range as resistance based on multiple candlestick patterns and rejections.
This same resistance is right now at work.
This chart makes it very simple for you.
Above "Local resistance", Bitcoion can grow.
Below it, we get consolidation or more correction.
Additional details on the chart.
Namaste.
Bitcoin Local Resistance Update (1H Timeframe) + AltcoinsThe "local resistance" we spotted for Bitcoin yesterday on the 1H timeframe remains valid.
We have a bearish bias short-term as long as this resistance remains in place.
If Bitcoin goes sideways/consolidates... As long as Bitcoin goes sideways the Altcoins can have some time to recover.
When Bitcoin drops there is always an initial reaction from the Altcoins (Altcoins vs Bitcoin) where they also drop but they later recover faster even than Bitcoin does.
You can find the support levels and additional details on the chart.
Note: Please keep in mind that this is a short-term analysis. The charts are always changing and we need to be prepared for all scenarios before we decide to trade.
You can support my work by just leaving a comment or hitting FOLLOW.
Thanks a lot for your amazing and continued support.
Namaste.
Bitcoin Monthly Closes Tomorrow, What To Look For!Tomorrow we have the monthly candle close for Bitcoin... What should we be looking for?
We have many clues to look at but we will focus only on 3 in this article.
Bitcoin Monthly Signals
1) This is the first month that Bitcoin will close below EMA10 ($44,455) since March 2020.
2) We have bearish indicators. The indicators, MACD and RSI, are both on the bullish side but trending lower. The MACD is trending lower strong with a bearish cross also in place and the RSI is in a strong decline as well.
3) BTCUSD Monthly remains above EMA21. This is actually a positive signal since EMA21 is working as support. Closing above it this month signals that the bulls are still fighting.
BONUS SIGNALS
*) This month closing below $36,500 or EMA21 can lead to a 3 crows pattern, which is a bearish signal. When this pattern comes up we first see an initial bounce and then a strong drop. Candle closure is needed for confirmation.
*) Double top bottom between April and November 2021.
We know what to look for once the monthly candle closes...
One last question before we leave...
Do you think Bitcoin will complete its correction at -72%?
Thanks a lot for your continued support.
Namaste.
Bitcoin Daily | The Same BarrierWe just looked at Bitcoin short-term, BTCUSD 1H, and we are seeing some resistance around the 26-Jan. high... What does the daily chart has to say?
Bitcoin Daily | The Same Barrier Holds
We have Bitcoin trading within a steep declining channel.
We are all waiting for a bottom to be drawn, for a reversal to take place but so far not much has happened.
We can see a strong reversal candle 24-Jan. but we have low volume and a very weak RSI.
The candle 26-Jan. also negates the candle from the 24th.
Yesterday Bitcoin managed to close above EMA10 ($38,037) but today this level is still working as a barrier, only after this level is conquered we can see prices move up.
Today we are looking at both scenarios on the main chart above, bearish and bullish but don't be surprised if prices drop.
We have a long-term bullish trend but on the short and medium term, the bears are in full control.
Namaste.
Bitcoin Local Resistance +How To TradeBitcoin (BTCUSD) has reached local resistance, we can see this thanks to the candlestick charts.
Notice back in Jan. 26, we have a strong rejection at "Local resistance".
Yesterday afternoon, BTCUSD hit the same level, marked in yellow here, just to be rejected again on two long upper wicks.
We also have a lower high recently compared to 26-Jan.
If BTCUSD can break above local resistance on the 1H timeframe, we can expect higher prices (green arrows).
Staying below resistance can signal that lower prices are possible (red arrow).
How To Trade?
This is a very easy setup.
One can short this setup with a close above the local resistance as the stop-loss and the last low as target.
This is not financial advice.
Remember to build your own plan and do your own research before trading.
Thanks for reading.
Namaste.