ETH/USDT 1D UPDATE Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
ETH broke out a huge cup and handle pattern already retraced it or support level is 4200$ or resistances level is ATH. If we will broke the last ATH with conformation .
I thing the price cam pump from here .
If its breaks the 4200$ support level then the chart will be invalid.
What's your thought on this?
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Altseason
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
USDT.D is now falling downside as we can see in chart or 2.60 is strong resistance level in that time we have to stay out from market but at his moment we can trade in altcoins.
What's your thought on this?
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Thank you
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altmarketcap looks good, could atl season start from here? Technical analysis:
ALTCOIN MARKET CAP UPDATE:
The current market situation is baffling, TBH, its a mess and lots of FUD.
Anyways, here's an update on the ALTMCAP (TOTAL2).
On 12th May 2021, we saw the Total2 reaching its highest point at $1.418 Trillion, and from that point, within 11 days it dropped to $619.6 Billion. It was a huge blow on everyone's face as the market bleed bad. This fall was not good neither for BTC nor for the Altcoins.
In this chart, we can see the present scenario 1 of the market which is leaning towards the bullish side but scenario 2 is little bleed and less likely but it could be possible. The Total2 needs to break above the resistance trendline and then come for a retest for bullish confirmation. Currently, it is above the 50 D MA which is a good sign but if it closes below this MA then it may fall to test the supportive trendline.
I believe things will change soon.
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BNB/USDT Prediction Analysis Good Morning to all respected Investors and Traders,
I made a simple analysis for BNB/USDT
After a long run, there is always a health correction..
BUY THE DIP !!
Happy trading y'all !!
Good Luck!!
Critiques and comments are super appreciated..
PS: this not financial advisor or even education. PLEASE DYOR!!
How to ride BTC rally? When to move money from BTC to ALTS?MICRO TRENTS:
BTC.D is currently forming an ascending triangle.One thing most of the people didn't realize is that during the ascending triangle(this week) $BTC.D tested previous strong resistance. And now it is ready to be launched. My prediction is that It's going to break the ascending triangle and move towards first resistance line. Around $16,500, and then it might retest BTC trend line around $11500 (market will be very volatile at this point)
Will add more after fulfilling given targets..
MACRO TRENDS:
Blue lines are the resistance lines/rays, derived from 2017 bull run - Can be seen as the starting points.
Watch out for these lines, will create a good shorting opportunity.
- First line is at 69.90% Dominance
- Second line is at 77.43% Dominance
Future prediction on when to get the money out of ALTS:
When $BTC dominance hits yellow line or breaks yellow line then it means that the ALT season is over. Time to covert investment back to $btc (with stop-loss) or $USDT to be safe