🚨 Altcoin Market Overview 🚨
We were looking at major altcoins during the past few days. Bitcoin's sideways movement allowed us to spend some time analysing the whole cryptocurrency market, developing trends and what to expect in the foreseeable future until atleast EOY 2019.
Based on the chart we can make the following observations:
📈- Bitcoin's dominance crushed resistance at 70% with almost no significant stops until the 80% area. There are no signs of reversing the trend of increasing its dominance.
💹 - BTC price has been squeezing between two longer term trendlines on the 1W timeframe. They are forming a triangular like structure that will soon be resolved. Means we are expecting increased volatility in Bitcoin anytime within next 2-3 weekly candles. Given the fact the chart on dominance is extremely bullish we have all reasons to believe that #ALTSZN is still not close. Alts are likely to take more damage and lose more value against #BTC.
🆘 - On the other hand the reverse chart for Altcoin dominance is simply crashing. We have outlined important areas of support and resistance for the chart, you may notice according to this chart we may see 40% more decrease in the total value of alts against BTC. Beware of your positions if you're trading alts.
https://www.tradingview.com/x/19jBVVvT/
We were looking at major altcoins during the past few days. Bitcoin's sideways movement allowed us to spend some time analysing the whole cryptocurrency market, developing trends and what to expect in the foreseeable future until atleast EOY 2019.
Based on the chart we can make the following observations:
📈- Bitcoin's dominance crushed resistance at 70% with almost no significant stops until the 80% area. There are no signs of reversing the trend of increasing its dominance.
💹 - BTC price has been squeezing between two longer term trendlines on the 1W timeframe. They are forming a triangular like structure that will soon be resolved. Means we are expecting increased volatility in Bitcoin anytime within next 2-3 weekly candles. Given the fact the chart on dominance is extremely bullish we have all reasons to believe that #ALTSZN is still not close. Alts are likely to take more damage and lose more value against #BTC.
🆘 - On the other hand the reverse chart for Altcoin dominance is simply crashing. We have outlined important areas of support and resistance for the chart, you may notice according to this chart we may see 40% more decrease in the total value of alts against BTC. Beware of your positions if you're trading alts.
https://www.tradingview.com/x/19jBVVvT/
#Bitcoin Dominance Update
Were you buying the dips on altcoins?
✅ If you've been following our updates, you know that we claimed the #ALTSZN has started. Dominance chart hit resistance exactly at our line yesterday, whereas this created a very good opportunity for some altcoin entries. (Yes, we've been buying in Premium)
What to expect next? 👀
According to this chart, we've formed another lower low and a lower high, so now our expectation is for the #altszn to keep going and we expect nice gains in the altcoin market.
#HODL
https://www.tradingview.com/x/ZtssZjlV/
Were you buying the dips on altcoins?
✅ If you've been following our updates, you know that we claimed the #ALTSZN has started. Dominance chart hit resistance exactly at our line yesterday, whereas this created a very good opportunity for some altcoin entries. (Yes, we've been buying in Premium)
What to expect next? 👀
According to this chart, we've formed another lower low and a lower high, so now our expectation is for the #altszn to keep going and we expect nice gains in the altcoin market.
#HODL
https://www.tradingview.com/x/ZtssZjlV/
Notice the similarities in some altcoin charts?
#ALTSZN #VET #ZIL #FET
Will history repeat itself again? 👀 🧐
https://www.tradingview.com/x/SmKRDGJ1/
#ALTSZN #VET #ZIL #FET
Will history repeat itself again? 👀 🧐
https://www.tradingview.com/x/SmKRDGJ1/
AlphaTradeZone®
#AION 👉 One of the alts suggested in our Discussions group from public users a few days ago was AION. ✍️ We did a careful analysis on it, noticing a few things. ✅1) AION just as BTC, has successfully retested MA100, which is incredibly bullish continuation…
#AION
⭕️ Did more than 30% gain since our last update!
This altcoin is far from done. If you are in a position here, good, if not - still not too late to hop on the train.
Targets here depend on your greed level. We are holding it!
Enjoy #altszn!
https://www.tradingview.com/x/cbLAgTqE/
⭕️ Did more than 30% gain since our last update!
This altcoin is far from done. If you are in a position here, good, if not - still not too late to hop on the train.
Targets here depend on your greed level. We are holding it!
Enjoy #altszn!
https://www.tradingview.com/x/cbLAgTqE/
AlphaTradeZone®
⚠️ #Dominance Update As per the above analysis, everything is playing out again so far. Dominance chart keeps showing us weakness and this is a sign more downside is coming. ✅ Let our alts grow. Keep holding your positions if you are. Do not let whales…
⚠️ #Dominance Update
⭕️ Check out our previous Dominance update, guys.
✅ Just check it out. Do you see how precisely it has played out so far? We don't even have to change our update three weeks after the previous chart.
👀 So what do we currently have?
👉 Broken market structure. Short term noise to scare away remaining holders of altcoins.
👉 Clean break below support levels, which means we are ALL SET for dominance to crash. by a lot!
➡️ Soon we will witness fully blown #altszn again.
https://www.tradingview.com/x/1DzmlXRY/
Targets on chart. Hodl your beloved alts. ‼️
We have already positioned ourselves in our Premium group!
💥 Want to join our team of Alpha Traders and beat the market consistently?
Message @alphateamsupport
⭕️ Check out our previous Dominance update, guys.
✅ Just check it out. Do you see how precisely it has played out so far? We don't even have to change our update three weeks after the previous chart.
👀 So what do we currently have?
👉 Broken market structure. Short term noise to scare away remaining holders of altcoins.
👉 Clean break below support levels, which means we are ALL SET for dominance to crash. by a lot!
➡️ Soon we will witness fully blown #altszn again.
https://www.tradingview.com/x/1DzmlXRY/
Targets on chart. Hodl your beloved alts. ‼️
We have already positioned ourselves in our Premium group!
💥 Want to join our team of Alpha Traders and beat the market consistently?
Message @alphateamsupport
#BTC Video market analysis
Our latest video is out!
In the video you will see:
✅#BTC market review!
✅#BTC Dominance market review!
✅#ALTCOIN Charts analysis and expectations!
#CELR #RVN #LSK
#AlphaTradeZone #WeAreAlpha
💥 Please comment, like, share and subscribe if you like our content! 💥
https://www.youtube.com/watch?v=ex0Xb2jVaoo
Our latest video is out!
In the video you will see:
✅#BTC market review!
✅#BTC Dominance market review!
✅#ALTCOIN Charts analysis and expectations!
#CELR #RVN #LSK
#AlphaTradeZone #WeAreAlpha
💥 Please comment, like, share and subscribe if you like our content! 💥
https://www.youtube.com/watch?v=ex0Xb2jVaoo
YouTube
#Bitcoin #BTC #NEWS 24.05.2020 CRYPTO MARKET REVIEW! #ALTSZN YET?!
#AlphaTradeZone #Bitcoin #News
In this video we are doing an overview of the #bitcoin and #crypto markets!
BTC is stalling at the $9200 area! What are the chances to go up or down? Also im making an analysis of the charts of few altcoins since they were…
In this video we are doing an overview of the #bitcoin and #crypto markets!
BTC is stalling at the $9200 area! What are the chances to go up or down? Also im making an analysis of the charts of few altcoins since they were…
#CMT/BTC Update
Another shitcoin that's looking juicy in the current #altszn.
Up to 50%+ potential.
CMT
https://www.tradingview.com/chart/CMTBTC/8fC3m8ql-CMT-Broke-local-downtrend-50-upside-pump-potential/
Another shitcoin that's looking juicy in the current #altszn.
Up to 50%+ potential.
CMT
https://www.tradingview.com/chart/CMTBTC/8fC3m8ql-CMT-Broke-local-downtrend-50-upside-pump-potential/
#Dominance Update
#Bitcoin dominance has broken key support level. Most important is that continuously the uptrend was violated.
According to this chart there's a bunch of lows ahead of us to be revisited, which means good news for altcoins vs btc. Let the #altszn continue.
https://www.tradingview.com/x/6rsHjLhA/
#Bitcoin dominance has broken key support level. Most important is that continuously the uptrend was violated.
According to this chart there's a bunch of lows ahead of us to be revisited, which means good news for altcoins vs btc. Let the #altszn continue.
https://www.tradingview.com/x/6rsHjLhA/
#Dominance Update
After our latest update played out and dominance reached the key level on chart at 60%, it's now bouncing back up as we predicted. Current bounce has potential to reach the 63% mark, which should be a turning point in continuation or end of #altszn.
If it is confirmed, then we will literally have another alts bubble with dominance crashing back down to the next key level on chart 57.2%
https://www.tradingview.com/x/QPN7AbNn/
After our latest update played out and dominance reached the key level on chart at 60%, it's now bouncing back up as we predicted. Current bounce has potential to reach the 63% mark, which should be a turning point in continuation or end of #altszn.
If it is confirmed, then we will literally have another alts bubble with dominance crashing back down to the next key level on chart 57.2%
https://www.tradingview.com/x/QPN7AbNn/