Total 2 market cap gives a clear idea about how Altcoins can perform.
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till...
We are still in the bearish phase (see the EMA/SMA ribbon) - but great upward momentum for BTC. If BTC holds the levels, I think we will see a new ATH in May - June. Thoughts?
BINANCE:BTCUSDT is trading above 100 DMA.
Buy entry 42,300 - 42,500 zone.
For targets up to 200 DMA or 48,000
Note : The information provided is not a trading advise. Just for educational purposes.
Do your due diligence, before entering the trade.
Short term correction can be expected up till 42.5K but the medium term trend seems to be shifting to the upside, 45K being the major area of resistance.
A break of 45k can push the price to the early 50k region. BINANCE:BTCUSDT
COIN NAME: ACOIN
PAIR-USDT
EXCHANGE : KUCOIN
Buy: 0.2282to 0.2355
T1- 0.3310
T2- 0.4056
T3- 0.5286
No SL
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC . SL must but not required for the Spot trading if you want to buy in Dips.
Note: I'm not a financial advisor. This analysis is for an Idea and a view....
Hey Trader, See the chart showing BTC USDT in 4hrs timeframe. We can clearly see it made breakout from its long down Trend. Now it made a breakout and perfect retest on the trend line. From now we can see pump in btc. And.....
Resistance at $41,114/$42,530
Support at $40,355/$39,670
THANKU AND FOLLOW FOR MORE
BTC formed the Head and Shoulders pattern.
OBV has not crossed above the right shoulder level yet, which says that its not invalidated yet.
BTC made a rounded top afterwards. If BTC crosses the 46 level, It invalidates both the patterns.
If anyone want to invest in BTC, then best time to invest is coming. You can buy at the price 29,000 USDT. It is yet to test its demand zone which is near 29,000 USDT. You can get a whooping return of 137% if it gets to its all time high.
This is weekly chart of BTC. You have to hold BTC for 4-6 months to get results.
BINANCE:BTCUSDT
In 30m timeframe BINANCE:BTCUSDT making disjoint channel. Entire market is falling so shorting is the possible movement suitable. If the candle break upper channel, took positions only after confirmation.
If long, Target should be below 40000. It's a strong resistance
If short, Target above 35000, it's also a Intraday 15m support.
Took positions only after confirmation
0.618 AND 0.5 FIB to watchout we can see major rejection.Levels mentioned to watchout for rentry or exit. BINANCE:BTCUSDT
TARGET-77K OR UP
Entry on retest of 40000-41500 or 39000 if possible.
