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Altcoinseason

Rune Thorchain Bullish Setup & Crypto Commentary - Rune is currently trading at 5.5$ - Market Structure has so far remained Bullish where we can see a continuation of higher highs and higher lows - Spot buyers can easily expect Rune to pierce 6-6.5$ soon. - Long Term targets can be 7.8-11$ - Bitcoin has a high chance of filling its Fair Value Gap and mitigating 62,000$ if that scenario gets fulfilled - Accumulation Zones for Rune in a DIP - 4.1-4.6$ - Manage risk and do not FOMO for entries and get trapped in late buying
Long
by VKtradesimbalance
Ethereum 1D Technical Analysis & Commentary - Ethereum is currently trading at 2614$ - Ethereum got exactly rejected from the same point of interest where it showed us a bearish rally from - Ethereum has the last FVG left around 2500-2550$ and once that is filled, I anticipate the huge demand side Imbalance to get filled. - We have a huge imbalance from 3600$ where we saw Ethereum flat falling from, that will soon be covered once we see a weekly close above 2800$ - Study Price Behaviour and Price Action as of now, for spot buyers ethereum under 2700$ is a gift and you shouldn't miss that - Spot Accumulation Zones: 2400-2580$ - Once ETH/BTC turns bullish you will see ETH and its whole ecosystem flying - Till then hold it and you will soon see this moving impulsively, always manage risk.
Long
by VKtradesimbalance
USDT Dominance Crypto Update - The USDT Dominance is currently trading at 5.58% - USDT Dominance is something that follows market structure a lot and you will see this delivering easy price actions - USDT Dominance is expected to drop to 5.2%, and if that doesn't hold, then to 4.6%. - USDT Dominance in crypto works inversely with the overall market if you see this dipping that triggers an impulsive leg in cryptos - The last time when we saw USDT Dominance dropping from 6.5% to 3.81% it triggered a huge Altcoins season which led to many altcoins moving 300-500% - As an Investor and Trader your job is to closely monitor USDT Dominance
CRYPTOCAP:USDT.DShort
by VKtradesimbalance
Bitcoin Technical Analysis & Levels - Bitcoin has recently been very sideways and volatile - I wouldn't call it bearish since the price has been consolidating in a range and the movements are quite range bounded - The only concern for Bitcoin, IMO is that it can get dangerous if it closes a weekly candle below 58,000$ and post that we will see more downside in Bitcoin watch that out. - Bitcoin needs to hold the second the Spot accumulation zone or else things will get really dark - Warning you all the worst so that you allocate yours funds accordingly and stay prepared. Everybody stays prepared for the best but nobody stays prepared for the worst because we are in generation where everybody is too outcome oriented and nobody cares about the risk on the table #btc #bitcoin
BITSTAMP:BTCUSD
by VKtradesimbalance
CRYPTO HIGH PROBABILTY SETUP FOR BIGGER GAINS (CHAINLINK USDT)Crypto is the most thrilling thing that one can trade as the price moments are very volatile like supercars speed on the highway. Due to these volatile price moments and the fact that the market remains open 24 x 7. It gives big returns within less period of time and also when it falls it falls badly. So trading it one can make a fortune out of it and also one can lose his entire capital within seconds. So it's very important to have a good probability setup based on PRICE ACTIONS as it works almost everywhere in the world and also you need to have to make a trading plan in such a way that it eliminates emotion out of trading as we all know in trading SKILL are just 10% and execution and risk management is also just 10% rest 80% is emotion and psychology. So the best way to eliminate emotions is to keep a stop loss such that even if it hits 10 times in a row you are not affected by it and when you make money you make a good chunk of money in one trade. That can be done by taking trade-in important areas where there is LIQUIDITY and BIG MONEY is also present to entre in the trade. So here I am sharing analysis of CHAIN/USDT where the plan is to take the trade-in such an area where above liquidy is there and once taken out gives a very big move within no time and if fails also there is a short-selling idea that one can execute to catch the downside also in case of surprise events or shakeouts. Trade Analysis I have explained on charts. Hope you enjoy and learn something from it👍 - Pranesh Sahoo
Long
by PraneshTrades
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
by PraneshTrades