CRYPTO ALTCOINS TRADING FAKEOUTS WITH BIG MONEY (ALGORAND USDT)Nowadays as CRYPTO ERA is going on and we all are watching many ALTCOINS skyrocketing for no reason and most of the people out there are watching it and feel like they are missing out on great opportunities and then suddenly come into the picture to capture some quick gains due to FOMO and by the time they come and participate small shakeouts starts happening and in it they lose all their loved capital.
So no one out there can catch all the opportunities in ALT COINS. But we can catch it in some good ALT COINS where the BIG MONEY is involved and it moves the price. Such that the retail people are trapped and BIG MONEY makes profit.
So here I am sharing analysis on ALGO/USDT and show you how you can capitalize on BIG MOVE with BIG MONEY with high probability and even if you are proved wrong then how you can take counter trade on the downside and catch the big fall.
Trade Analysis is explained on charts.
I hope you enjoy and learn something from it👍
- Pranesh Sahoo
Altcoins
Bitcoin Stays Bullish | TapRoot & $100,000+No correction has taken place as prices remain trading above EMA10 and EMA21.
The little correction we've seen so far is not relevant (minor retraces/price swings) compared to the bigger picture/trend.
We will continue with a mid-term target of $100,000 ($100k) or $85,000 or more.
We have bearish divergence on both the MACD and RSI but the bears have been given no chance so far.
At the same time we have these divergence both indicators are on the bullish zone.
Short-term we should see $85,000 with mid-term $100,000+.
We are taking the major TapRoot network upgrade as a bullish signal when we compared to Segregated Witness many years before.
The volume is really low and there is no excitement which is good for the bulls, any excitement and hype can only lead to strong bleeding/price drop.
What's your take?
Leave us a comment.
Namaste.
EOSUSDT -- Imminent Surge likely for EOSRunning Alpha's Momentum Perception Maps (MPMs) indicate an imminent surge is likely in EOS. The launch of the new decentralized exchange -- called the Bullish Exchange -- is going to be using the EOS token, which has the potential to serve as a catalyst for EOS to rise dramatically.
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DigiByte About To Make A Strong Move!It is no joke when I say that "Patience is the key".
Here we have DigiByte (DGBBTC) consolidating at a low and getting ready to boom at any given time.
It can take a few days, weeks, and sometimes even months in a consolidation phase.
But not this time around though, it is likely to move up right away.
We are patient of course, that's how we trade.
We buy, hold and let the market take care of the rest.
Calmed and relaxed.
There is nothing to lose if you wait.
If prices go below your buy-in you simply hold.
If a new low is hit you simply hold.
You can only consider selling when you are ahead.
This is very simple, very easy and you can win no matter what the charts, experts, analysts or anybody says.
Here is a good one for you, DGBBTC...
Try this strategy and see what results you will get.
Set your waiting time to 8-12 months to start.
This is not financial advice.
Namaste.
Bitcoin Headed For $53K Or Lower? (Altcoins Market Update)Today we see clear bear action developing after a low retrace and some higher lows.
We can see prices moving below EMA10 on low volume... This volume will soon grow and the correction can speed up.
At this point, the only way to change is to move back up and hit new highs consistently... After a new high, retraces/corrections due take place.
The Altcoins growing massively after Bitcoin peaks, it is a signal that Bitcoin can easily do sideways and consolidate or move lower for the Altcoins to move ahead.
Moving flowing from Bitcoin to Altcoins.
Altcoins Market Update
There are thousands and thousands of Altcoins now all across the market, so Altcoins is a very broad term.
Looking at those always present, some interesting signs are showing up/taking place.
MANABTC (Decentraland) hit a new All-Time High, period.
The highest price ever for this pair after growing over 555% in just a few days (less than a week):
This one, MANABTC, broke everything all the way back to 2018 but this isn't the only one.
STORJBTC is also doing crazy numbers.
ANKRBTC also.
ZENBTC also.
ZRXBTC as well, Siacoin, DigiByte and this is only getting started.
After we saw the amazing bullish action happening with Shina Inu (SHIBUSDT), I quickly declared that the Altcoins would grow strong after this, this was the signal.
See here: SHIBA INU What To Expect And How This Affects The Market
And here: Altcoins Season Starts Now, How To Approach The Market!
Now, some of you might be getting desperate because you see the action happening but not on your trading pair... On the contrary, be calm, what the market is telling us is that everything will move up strong but it cannot happen all at once and thus we have to wait.
Hold your hands patiently and strong...
Let the market do the rest.
I am Alan Santana sharing this information for your support... Feel free to hit LIKE and FOLLOW now.
Namaste.
Bitcoin Bearish Intact, Relations To Altcoins & $100,000 Target Just 5 days ago we looked at the bearish potential for Bitcoin, " Bitcoin Entering ABC Correction | Altcoins About To BOOM! "
This potential remains intact.
We are likely to see lower prices in the days to come.
Just a correction before we resume massive strength and bullish growth.
We believe the Altcoins will do great while this correction is done.
This is actually necessary for the correction to be a short rather than a long one.
If the Altcoins grow as Bitcoin retraces, this signals that money is flowing from Bitcoin to the Altcoins. Once the correction is over, money can flow back from Altcoins to Bitcoin.
It would be extremely healthy for the market to see the Altcoins green while Bitcoin corrects and consolidate.
We also need a healthy correction to be able to meet or end of year target of $100,000 and beyond.
How do you see Bitcoin behaving end of October and the first half of November?
When do you see Bitcoin moving to new highs once more?
Share in the comments section.
Thanks a lot for your support.
Namaste.
BTC/USDT 4HOUR TECHNICAL ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart .
BTC is trading around $62.600 the support is $60000 and $59000 OR 21 ma and resistances level is $63600.
Breaking down below $60k will be a red alarm for the market and a break out above the 630000 will be all good for the market.
If its breaks the 21ma and $60000 support level then the chart will be invalid.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Bitcoin Weekly Chart UpdateLet's be honest... This looks or not bearish to you?
We have a horrible weekly candle.
The weekly candle still has 24 more hours before it closes but as it is now it doesn't look good.
Above $63,000 on a weekly close would look way, way better and we wouldn't have a strong bearish signal in place.
As it looks now, it is not good.
If Bitcoin closes bearish tomorrow we are likely to go straight down and test EMA10 as support.
EMA10 is sitting here around $51800 (~$52k).
I am looking at this chart completely separate from everything else but this coincides with the daily timeframe analysis recently published.
What would you do if Bitcoin continues moving up?
What would you do if you knew Bitcoin was going to drop even though it will recover?
Everybody has a different strategy and trading style... I will tell you what I would do.
First, I am a long-term holder and always want more.
I trade Altcoins and my Bitcoins remain untouched.
But, if we reach a peak I do sell something to cash out and take care of my expenses and buy back lower but overall I simply hold.
Prices swings are irrelevant for us.
Bitcoin can go to $55,000, $50,000, or even $20,000 and for me, it is still really, really strong.
I saw this great technology when it was valued at around $120 and I was active with buying and selling, so even $5,000 for me is really good, no, actually GREAT... That's my stand, what about yours?
We remain strong and holding no matter what Bitcoin does.
We are here for the long-term.
We believe in Bitcoin.
We believe in Crypto.
We believe in the Altcoins.
This is the future of money.
Are you trading or holding?
Are you buying, selling, or watching?
What you do, how you act or react, will depend on the answer to these questions above.
Thanks a lot, my fellow cryptocurrency lover.
This is Alan Santana.
Always grateful for your amazing and continued support.
Namaste.
Bitcoin Entering ABC Correction | Altcoins About To BOOM!Bitcoin closed a full bearish/red candle yesterday and today its price is moving below EMA10.
After a new peak/high, All-Time High, it is normal for a correction to take place...
So, where are prices ahead?
You can see additional details on the chart.
As Bitcoin corrects, the Altcoins grow
I am looking at mainly ALTSBTC but the altcoins market, in general, should be entering a strong bullish wave.
Each chart/pair is different/separate, but the big majority can start changing course now nonetheless.
Which one is your favorite altcoin?
Which pairs do you believe will move strongly next?
Share in the comments section.
You can check some of my choices in the "related ideas" below.
Thank you for reading/sharing.
Namaste.
FTMUSDT! Longed!On BINANCE:FTMUSDT , we have created double bottom around level 1.971 and market has successfully shown a rally as expected as per TA!
At present, we are having a retracement, so we placed our buy order between 0.5 and 0.618 i.e 2.0689 and our target will be 2.1723 and mange your risk as per your concern!
Dot break it downtrend as well as 21DMA, looks promising!! #dot(Welcome to this quick update everyone)
Trading suggestion:
In Daily timeframe Chart, Once Again Bulls Are Back in Town, Daily MA21 got Cleared & turned into Support.
At the Moment, bulls will try testing the Key Horizontal Resistance 17.92, If Daily Candle Closed Above the 17.92(Daily Resistance), Next Would be 26.29 then 39.39. In Case of Rejection, dot Might Retest the MA21 (13.87).
Technical analysis:
. DOTUSDT is breaked the downtrend as well as 21-Day MA , and the beginning of an uptrend is expected.
. The price will try 50-Day MA, which acts as a dynamic resistance.
. The RSI is trying to break its downtrend, if it break then dot will get momentum from here.
Take Profits:
TP1= @ 26.29
TP2= @ 39.39
TP3= @ 49.90
TP4= @ 60
SL= below 10 usdt on daily closed bases
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BTC Dominance Double Top formation | Pump in ALT soonas we can see BTC Dominance have formed Double top. We have seen good rally in bitcoin since starting of this month but Alt;s are under performing. But now, big pump for Alt is coming. This week we'll defiantly see a good rally in Alt Coins.
This is time to long. As per my last analysis on SUSHI, i am 100% sure Sushi will touch $15 by end of this month.
Bitcoin | New Signal + Trading Tip (Learn From Your Mistakes)I mentioned this one briefly in a previous article, this pattern isn't new but has been pretty relevant in this bullish cycle.
The first half of the week we go slow and/or red.
The second half of the week things speed up and/or green.
I made a mistake recently which costed me a lot of money.
All my mistakes are really expensive because I put tons of money on each trade.
I put my money in on some altcoins, with a clear target but when I saw the bearish action took the small profits and moved on... The first half of the week.
If I had waited, I would be earning a lot more. (Be patient)
To me this happens because I detach all the time.
Had to detach to take care of my health.
Each time I come back, I have to learn everything all over again and there goes the same mistake.
No worries though, no problem.
From these mistakes we learn.
I take the loss and move on and at the same time even feel happy, because I will have the chance to try again and see if the next time I will get it right or wrong.
The goal is not to avoid making mistakes or trying to win them all... Some we win, some we lose.
We just need to be honest with ourselves, see where the problem is so that it can be corrected on the next try.
Since this market is bountiful...
You will always get a second chance.
Looking like straight up for Bitcoin... YES!
Feel free to like, share, follow and/or comment to show your support.
Namaste.
Bitcoin Straight Up? It Is Looking Just Like It... Do You Agree?Greetings my fellow cryptocurrency traders, how are you feeling this Friday?
We have a very strong volume bar 6-Oct. and also an ascending channel for BTCUSD.
After the peak on the six, we have some retrace but the price remains above EMA10. This can lead to straight up right away.
What do you say?
If EMA10 ($53790) fails to hold as support, we are likely to hit lower, around $50,000 before we continue up... This is only relevant if the bears come on board.
As long as we remain above EMA10, we have bullish potential for the short-term.
Watch out for higher prices...
Be prepared in case the market conditions change.
On this bullish cycle, the weekends have been green while we get red on the first part of the week.
Seeing that the weekend is ahead of us... This is another signal that supports a jump for BTC!
Like or comment... Which one will you pick?
Namaste.
Bitcoin Hits New High; What Is Driving This Great Bitcoin Rally?Now, let's look at the charts and what it has to say.
First, we came back 1st October with a prediction that Bitcoin will become bullish and strong.
We later wondered about the future, where will Bitcoin be in 10 years?
Will it be $1,000,000, $2,500,000, $50,000 or more?
I believe that we will see a 100T (Trillion) market capitalization for Bitcoin soon enough... But let's get back to the present day, how much higher can prices go?
Daily Bitcoin Chart Analysis With @alansantana
Today we have a new high for BTCUSD.
Hitting a new high is a very good/strong bullish signal.
This is the highest price level Bitcoin hits since May 2021.
We had a strong correction take place starting 12-May and now the price has fully recovered and we have really good strength.
What is driving this rally?
Very strong fundamentals; the entire world is opening up to Bitcoin.
Our indicators, RSI and MACD, are looking better than ever.
The MACD is now above zero, trending up while gaining in bullish momentum.
The RSI is super strong almost reaching 70 (69.26).
We have some good resistance around $55,000 - $58,000, but what the signals are telling us is that Bitcoin's price will continue to increase.
The candles are looking really good (candlestick reading) and the volume is still low but a positive signal at this point.
The weekly timeframe is looking great (we will do an analysis on this one later) and the monthly as well.
The Altcoins are also good and will continue to grow long-term (higher highs and higher lows, not irrelevant price swings).
These are good times for the cryptocurrency markets.
We are looking great for our end of year target...
2022 might be even better so be prepared...
Study, learn, focus, breath deeply, think before taking any action and enjoy the profits as they come.
Be smart.
Be wise.
If you fail... Try again.
We learn from mistakes.
Our mistakes helps us to grow.
Thanks for being part of this evolution.
Cryptocurrency is the evolution of the Internet.
Internet HD or Internet 2.0 :D
Thanks a lot for your continued support.
Namaste.
BTC Bull Or Bear The important Levels are here 48-49k is a super strong resistance and the 45-44k is a strong resistance also btc forming a massive rising wedge its a bearish sign so be careful in this zones if daily candle can give a close above the 49k then we can continue the bull run. btc is struggling to break the resistance if once again failed to break above bears will take control
HBAR-USDTHedera Hashgraph after gaining exponentially (~13 x) in the first quarter of 2021, has been caught up by the bears. Since then, bulls have not been able to take out their All-Time High of $0.36 (March 15, 2021).
With the bears tightening their control over the markets, promulgated by the backdrop of Bitcoin, it resulted in a tectonic shift in the sentiments of the crypto markets, thereby, the altcoins too plunged massively with the giants of the crypto markets.
HBAR is currently trading at $0.17, ~60% down from its All-Time High. It has been trading in a Descending channel formation, the extreme limits of the band currently present at $0.096 and $0.24 respectively. Currently, it has been hovering around its middle band which is currently present at $0.164.
The immediate support to the lower side is present at $0.165 followed by $0.14 while HBAR may face resistance at the levels of $0.21 followed by $0.25 if it decides to trend higher.
Siacoin (SC) Support Found + 170% TargetSiacoin ( SCBTC ) has found support just below the 0.786 Fib. retracement level.
We also have a falling wedge pattern breaking out bullish .
With its price trading above MA200, there is potential for a bullish wave to develop here.
I've mapped up to 170% in potential profits for the second target.
We remain bullish above the 10 satoshis (0.00000010) low.
Any trading above this level and we remain bullish long-term on Siacoin vs Bitcoin ( SCBTC ).
Additional details on the chart.
Namaste.
Digibyte (DGB) After A 364% Bullish Wave... We Trade Long-Term The market moves in waves...
These waves come in cycles...
In essence, we do UP and DOWN, up and down, over and over...
Short, mid- and long-term.
Meaning:
We have bearish and bullish waves in the short-term.
We have bearish and bullish waves in the mid-term.
We have bullish and bearish waves in the long-term.
These are the market cycles.
When prices move up and grow, we enjoy, collect profits and focus on maximizing results.
When prices go down, we detach from the computer/phone/electronic devices, we no longer focus on the trades.
We focus on ourselves, we study, we go out in nature, we learn, we grow, we prepare for the next bullish wave.
Digibyte (DGBBTC) has found support just below the 0.786 fib. retracement level of the last bullish wave...
We have early signals of change but it doesn't matter what happens next... We trade long-term.
We buy and we hold, until prices are peaking again (GREEN).
If we see another break of support, that is not a problem... It only means a few more weeks of wait.
Once the market takes off...
We enjoy until our targets are met.
When the profits come in, we are grateful with any amount we get and we move on to the next trade.
You need to have a plan prepared.
You need to have goals.
You need to have targets and also a stop-loss.
Planning ahead of time will highly increase your success.
Thanks a lot for reading.
Namaste.