NULS/BTC
Another good looking #altcoin.
After short consolidation, #NULS is headed to 4000+ sats.
https://www.tradingview.com/x/PK6lUWMC/
ߋ alphatradezone
Another good looking #altcoin.
After short consolidation, #NULS is headed to 4000+ sats.
https://www.tradingview.com/x/PK6lUWMC/
ߋ alphatradezone
#Altcoin_Index
Currently, price is trending slightly above the support trend line which has been formed since the September 23rd. This is why I believe that at current condition the altcoin is trending at a very crucial level. A bounce from this line will become another push toward the red region which I do believe that the consolidation will continue for longer time in the future.
Another good insight from the oscillator indicator is bringing this current market structure to positive sentiment. On the RSI, we've seen a lower low while on the price we've seen a higher low structure which is the main criteria of the hidden bullish divergence which indicates a potential continuation to the upside. On the MACD, the histogram is slowly ticking up to the upside which indicates the gaining momentum at last.
As long as the price is still trending above the $641 region, I'll still be bullish and this hidden divergence will still in play as well. If the price breaks below this number, it automatically invalidate the hidden bullish divergence.
ߛ goldenratio618
Currently, price is trending slightly above the support trend line which has been formed since the September 23rd. This is why I believe that at current condition the altcoin is trending at a very crucial level. A bounce from this line will become another push toward the red region which I do believe that the consolidation will continue for longer time in the future.
Another good insight from the oscillator indicator is bringing this current market structure to positive sentiment. On the RSI, we've seen a lower low while on the price we've seen a higher low structure which is the main criteria of the hidden bullish divergence which indicates a potential continuation to the upside. On the MACD, the histogram is slowly ticking up to the upside which indicates the gaining momentum at last.
As long as the price is still trending above the $641 region, I'll still be bullish and this hidden divergence will still in play as well. If the price breaks below this number, it automatically invalidate the hidden bullish divergence.
ߛ goldenratio618
#Altcoin_index
At current rate, we can see a lot of uncertainty on the market now. Although the price of most altcoins has shown us a huge gain but you can see that the the index of these coins is still trending below the red region which is the golden pocket zone.
From this chart presented, you can see that the price is having so much trouble whenever it touched this golden pocket zone. We've seen an 8% rejection toward this area of resistance. It's simply a huge resistance to respect. But, on the MACD histogram has shown us a good indication that the histogram is having a tick to the upside shows us a gaining strength as well.
If the index can breaks above this red region, we'll see most of the altcoins sky rocketing in the futures. At this type of volatility, it's good to do scalping but it's more than worst to do a swing trading. Just stay away from the market and wait for further confirmation.
ߛ goldenratio618
At current rate, we can see a lot of uncertainty on the market now. Although the price of most altcoins has shown us a huge gain but you can see that the the index of these coins is still trending below the red region which is the golden pocket zone.
From this chart presented, you can see that the price is having so much trouble whenever it touched this golden pocket zone. We've seen an 8% rejection toward this area of resistance. It's simply a huge resistance to respect. But, on the MACD histogram has shown us a good indication that the histogram is having a tick to the upside shows us a gaining strength as well.
If the index can breaks above this red region, we'll see most of the altcoins sky rocketing in the futures. At this type of volatility, it's good to do scalping but it's more than worst to do a swing trading. Just stay away from the market and wait for further confirmation.
ߛ goldenratio618
#Altcoin_Index
This post will mainly about the analysis of altcoins market at current condition while we can see that bitcoin is now hovering under a bearish pressure as well. With this kind of structure, I can see that the altcoins market is providing no different comparing the bitcoin's market. Both market has a similar confirmation point which is now testing the crucial support level.
On Altcoin index, price is now testing the lower line of this up trend channel which has held the price since December 2020. However, if we see any breaks below this support zone, we may face further downside pressure as this lower line of this channel is having a confluence with the 55 EMA of 12 hours time frame (green).
Another important factor that I would like to cover is that there are similar price action on both RSI and MACD which both indicators have showed us consecutive lower high structure which indicates the bears are gaining their power over and over again. I'll look at the green region as the next strong support (around $1149) if the price shows us a strong confirmation of drop.
ߛ goldenratio618
This post will mainly about the analysis of altcoins market at current condition while we can see that bitcoin is now hovering under a bearish pressure as well. With this kind of structure, I can see that the altcoins market is providing no different comparing the bitcoin's market. Both market has a similar confirmation point which is now testing the crucial support level.
On Altcoin index, price is now testing the lower line of this up trend channel which has held the price since December 2020. However, if we see any breaks below this support zone, we may face further downside pressure as this lower line of this channel is having a confluence with the 55 EMA of 12 hours time frame (green).
Another important factor that I would like to cover is that there are similar price action on both RSI and MACD which both indicators have showed us consecutive lower high structure which indicates the bears are gaining their power over and over again. I'll look at the green region as the next strong support (around $1149) if the price shows us a strong confirmation of drop.
ߛ goldenratio618
#Altcoin_index
Back on the index of altcoins where we can see that it affects the whole altcoins market as well. Most of the altcoins are following the index as it's the benchmark as well.
At current condition, price is still trending inside of the up trend parallel channel where we can see that this channel is becoming a strong factor that is holding the price at current bullish structure.
With fact that the price had decent drop at on fhe earlier price structure when it tested the upper line of this channel, there is probability of the price will continues its downside movement to test the lower line of this channel which is now acting as a support trend line.
A break below this support trend line will brings the price to much lower level at the green zone as the closest support zone. The support trend line is havinf a confluence with the 89 EMA on the 4 hours time frame that makes it even more crucial.
All I can do is wait for further validation at the support trend line.
ߋ insider_leak_of_the_day
Back on the index of altcoins where we can see that it affects the whole altcoins market as well. Most of the altcoins are following the index as it's the benchmark as well.
At current condition, price is still trending inside of the up trend parallel channel where we can see that this channel is becoming a strong factor that is holding the price at current bullish structure.
With fact that the price had decent drop at on fhe earlier price structure when it tested the upper line of this channel, there is probability of the price will continues its downside movement to test the lower line of this channel which is now acting as a support trend line.
A break below this support trend line will brings the price to much lower level at the green zone as the closest support zone. The support trend line is havinf a confluence with the 89 EMA on the 4 hours time frame that makes it even more crucial.
All I can do is wait for further validation at the support trend line.
ߋ insider_leak_of_the_day
#Altcoin_Index
On 3 days time frame, the altcoins index is looking incredible strong with a spike up to the upside and still maintaining the higher low structure as well.
Both RSI and MACD are looking strong with gaining some momentum to the upside. RSI is entering the bullish zone with a positive curvature and the MACD histogram is showing us major tick to the upside.
However, this area that the price is pushing through is the area of very strong resistance which it has confluence with the 78.6% fibonacci retracement level and the prior high as well. 3 days candlestick is going to close in the next 48 hours and it considerably a long time to wait as well. This area is also the double top resistance as well we need to closely watch over time.
A break out above current resistance zone could be major confluence reason for most of the altcoins to start the altcoins season in the future. That's why this area is a crucial area for the price.
ߋ insider_leak_of_the_day
On 3 days time frame, the altcoins index is looking incredible strong with a spike up to the upside and still maintaining the higher low structure as well.
Both RSI and MACD are looking strong with gaining some momentum to the upside. RSI is entering the bullish zone with a positive curvature and the MACD histogram is showing us major tick to the upside.
However, this area that the price is pushing through is the area of very strong resistance which it has confluence with the 78.6% fibonacci retracement level and the prior high as well. 3 days candlestick is going to close in the next 48 hours and it considerably a long time to wait as well. This area is also the double top resistance as well we need to closely watch over time.
A break out above current resistance zone could be major confluence reason for most of the altcoins to start the altcoins season in the future. That's why this area is a crucial area for the price.
ߋ insider_leak_of_the_day
#Altcoin_Index
This is the daily perspective of the altcoins which I don't see it as a good thing for altcoins market right now. Even most of the altcoins are having a major bounce following the bitcoin's price action, this can only be a dead cat bounce as well.
Looking at the index, we know that something is going very wrong during this current price action which after there was a major double top structure, the price was getting rejected and broke below the white support trend line which is also the crucial support trend line as well. Price was having a dead cat bounce because of the tap toward the red dynamic support which is also the 200 MA on the daily time frame.
However, I see this bounce as the temporary bullish momentum as it won't last long because the fear is still dominating the market. We can see the price to continue its upside movement to $5300 region but after that, there will be another sell off occurs which drive the price to the lower region of $3000 or even $2500 region.
ߋ insider_leak_of_the_day
This is the daily perspective of the altcoins which I don't see it as a good thing for altcoins market right now. Even most of the altcoins are having a major bounce following the bitcoin's price action, this can only be a dead cat bounce as well.
Looking at the index, we know that something is going very wrong during this current price action which after there was a major double top structure, the price was getting rejected and broke below the white support trend line which is also the crucial support trend line as well. Price was having a dead cat bounce because of the tap toward the red dynamic support which is also the 200 MA on the daily time frame.
However, I see this bounce as the temporary bullish momentum as it won't last long because the fear is still dominating the market. We can see the price to continue its upside movement to $5300 region but after that, there will be another sell off occurs which drive the price to the lower region of $3000 or even $2500 region.
ߋ insider_leak_of_the_day
#Altcoin_Index
And now let's go to the altcoins index which at current structure looks so bullish and it's now gaining any strength to break above this resistance as well. However, there are a lot of factors that you may forget about how the psychology work on current structure.
First ever and the most important thing is that the confluence area of current structure which on the 12 hours time frame, there are 3 confluence factors that make current resistance is the strong, crucial and significant. Red region is actually the previous broken support which is now turning resistance, this area is also having confluence with the 89 EMA (purple) and the white resistance trend line. The fact is that price is now trending at this region.
Breaking out above this area of resistance is a bullish price action if it can completest the retest toward this region again and it must be marked as a support minimum on the 1H time frame. Entering long position at this break out without confirming the retest, can be very risky as there is still potential of wick fishing structure on current movement.
Most of the altcoins are now entering their overbought zone and it's way overvalue base on the intraday valuation method. That's why I prefer to expect correction in near future. ARPA, Shiba Inu, GALA and ALICE is at their major overbought zone at current level.
ߋ insider_leak_of_the_day
And now let's go to the altcoins index which at current structure looks so bullish and it's now gaining any strength to break above this resistance as well. However, there are a lot of factors that you may forget about how the psychology work on current structure.
First ever and the most important thing is that the confluence area of current structure which on the 12 hours time frame, there are 3 confluence factors that make current resistance is the strong, crucial and significant. Red region is actually the previous broken support which is now turning resistance, this area is also having confluence with the 89 EMA (purple) and the white resistance trend line. The fact is that price is now trending at this region.
Breaking out above this area of resistance is a bullish price action if it can completest the retest toward this region again and it must be marked as a support minimum on the 1H time frame. Entering long position at this break out without confirming the retest, can be very risky as there is still potential of wick fishing structure on current movement.
Most of the altcoins are now entering their overbought zone and it's way overvalue base on the intraday valuation method. That's why I prefer to expect correction in near future. ARPA, Shiba Inu, GALA and ALICE is at their major overbought zone at current level.
ߋ insider_leak_of_the_day
#BTC
Nến tuần đóng râu đỏ khá dài , hình thành cây spinning top , cây tuần này quyết đinh xu thế tiếp theo
Nến D có cụm đảo tăng nhưng volume khá thấp mình nghĩ sẽ có đoạn quét đáy cây D trước
Zoomout khung H1 thì có thể hình thành cách đi zigzag như này, tiệm cận lên quét quanh 685-70k rồi tìm về quanh 619-625
=> Đục được vùng 70k sẽ update plan mới
Plan trade hôm nay :
* Short lướt quanh : 688-69 cắt 701 ( ưu tiên scalping )
#BTC chạm quanh 668-662 sẽ #Long #Altcoin lên
Chúc anh em đầu tuần đại thắng
ߋ hctradecoin_channel
Nến tuần đóng râu đỏ khá dài , hình thành cây spinning top , cây tuần này quyết đinh xu thế tiếp theo
Nến D có cụm đảo tăng nhưng volume khá thấp mình nghĩ sẽ có đoạn quét đáy cây D trước
Zoomout khung H1 thì có thể hình thành cách đi zigzag như này, tiệm cận lên quét quanh 685-70k rồi tìm về quanh 619-625
=> Đục được vùng 70k sẽ update plan mới
Plan trade hôm nay :
* Short lướt quanh : 688-69 cắt 701 ( ưu tiên scalping )
#BTC chạm quanh 668-662 sẽ #Long #Altcoin lên
Chúc anh em đầu tuần đại thắng
ߋ hctradecoin_channel
$SEI Accumulation Zone High Potential Trade
-76% from recent high, making it a prime accumulation zone.
My Accumulation Zone: $0.20 $0.15
Upside Potential: Chart indicates an easy move to $0.50 if it breaks, expect a major rally!
Long-Term Targets: $1/$3/$5/$10
Catalyst Alert: Even #TRUMP is accumulating #SEI adding strong bullish momentum!
Strategy: Accumulate on dips, take profits strategically, and hold a portion for long-term gains.
#Altcoin
ߋ officialcryptopatel
-76% from recent high, making it a prime accumulation zone.
My Accumulation Zone: $0.20 $0.15
Upside Potential: Chart indicates an easy move to $0.50 if it breaks, expect a major rally!
Long-Term Targets: $1/$3/$5/$10
Catalyst Alert: Even #TRUMP is accumulating #SEI adding strong bullish momentum!
Strategy: Accumulate on dips, take profits strategically, and hold a portion for long-term gains.
#Altcoin
ߋ officialcryptopatel