ALT / Bitcoin Trade Ideas — BINANCE:ALTBTC

Trade Signal for ALTBTC - Direction: Sell Traders, our analysis utilizing the EASY Quantum Ai Strategy has identified a potential Sell opportunity for the ALTBTC currency pair. Here are the details for this trade: - Enter Price: 1.99E-06 - Take Profit: 1.91E-06 - Stop Loss: 2.12E-06 The decision to recommend a Sell is based on multiple factors analyzed using our proprietary strategy. We have observed a recent bearish divergence in the momentum indicators, suggesting a potential downturn. Additionally, the pair has been hitting resistance levels, which have historically led to a decline in price. Furthermore, external market conditions signal a broader consolidation phase, which is often characterized by price corrections. Hence, entering at 1.99E-06 with a target of 1.91E-06 allows us to capitalize on this potential movement while having a safety net with a stop loss at 2.12E-06. As always, ensure proper risk management and position sizing tailored to your individual trading strategy. Stay vigilant and trade wisely!

Altlayer Bullish | 185% - 265% BU-Pot., Easy!➢ Altlayer (ALTBTC) broke out of another classic, yet very strong, falling wedge pattern. Notice how a "cup" pattern forms to signal that the bottom is in. This is marked yellow on the chart. ➢ The falling wedge ends in a cup pattern, the cup pattern is followed by very strong bullish action. This bullish action is happening marketwide (BTC pairs). ➢ These are all signals pointing toward fast and strong growth. The opportunity of a moment. Get in, get out, grow your capital up. 👉 Potential can go as high as 100% very easy. It keeps on going to 185% and can continue to 265%+. More details on the chart. Namaste.

ALTLAYER with BTC pair (investing chart)hello dear trader and investors About Altlayer : AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism. ALT is AltLayer's native utility token and is used in the following functions: Economic bond: ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if a malicious behavior is detected. Governance: ALT token holders can vote on governance decisions. Protocol Incentivization: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services. Protocol Fees: Network participants will need to pay for intra-network services in ALT tokens. AltLayer’s core offering of restaked rollups consists of three key products: VITAL: An Actively Validated Service (AVS), where operators verify blocks and the corresponding states committed by the rollup sequencer and raise fraud proof challenges if necessary. MACH: A protocol to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state. SQUAD: Offer decentralized sequencing with economic backing. Decentralized sequencing eliminates short-term liveness concerns, bad MEV, rent extractions and other issues associated with rollups that operate with a single sequencer. AltLayer has raised 22.8MM USD from two rounds of private token sales, where 18.50% of the ALT total token supply has been sold at 0.008 USD / ALT and 0.018 USD / ALT respectively. AltLayer’s investors include Polychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5, Balaji Srinivasan (former CTO of Coinbase and former GP of a16z), Gavin Wood (Co-Founder of Ethereum and Parity), Sean Neville (Circle Co-Founder and USDC architect) and Ryan Selkis (Founder of Messari), among others. As of January 17th 2024, the total supply of ALT is 10,000,000,000 and the circulating supply upon listing will be 1,100,000,000 (11.00% of the total token supply.)

Altlayer Bullish | 185% - 265% BU-Pot., Easy!➢ Altlayer (ALTBTC) broke out of another classic, yet very strong, falling wedge pattern. Notice how a "cup" pattern forms to signal that the bottom is in. This is marked yellow on the chart. ➢ The falling wedge ends in a cup pattern, the cup pattern is followed by very strong bullish action. This bullish action is happening marketwide (BTC pairs). ➢ These are all signals pointing toward fast and strong growth. The opportunity of a moment. Get in, get out, grow your capital up. 👉 Potential can go as high as 100% very easy. It keeps on going to 185% and can continue to 265%+. More details on the chart. Namaste.

Possible bearish crypto trend Hi all, I'm a bit new here and going to try my hand at some general analysis rather than for any specific crypto asset. I appreciate any feedback and thoughts on this. On this chart is alt coin to bitcoin conversion. I've overlaid BTC/USD and ALT/USD as well. In general these tend to follow each other, though the index here (ALT/BTC) tries to aim at finding a conversion rate between the two. I could see this chart going either way, but one thing that concerns me is the lack of buy pressure for ALT relative to BTC. I am personally bearish on BTC right now and am not seeing many alt coins that look good to me (low buy pressure but price not really moving.. prices seem to be in a lull outside of a handful that have been pumped up, possibly through various public forums focused on these crypto pumps, perhaps for other reasons e.g. MLN +50% in the last 24 hours). Going back to the chart, there is decreasing buy volume on alt coin to btc. To me these few things look to me as evidence of a small crypto bubble that will play out in the next couple of hours or days. The only way out of this I can see is with increase buy pressure. Most of the cryptos I've been looking at lack this buy pressure, and without anyone to send the price up, there's only one way to go. I think the only reason we haven't seen it fall yet is institutional investors trying to offload some of their shares onto retail investors who figure the price has already dropped 20%, how much more can it go down? If you're bullish on BTC I'm sure you'll disagree with this, but if you aren't then a decrease in buy pressure for ALT/BTC to me is a big crypto sell flag. XMR is a crypto with significantly lower volatility than most, contributed to mostly by the higher liquidity/ lower slippage in the market I think , I am looking to buy into this soon but even this I think this has a couple of dollars to fall before I do. For these reasons I'm out of most crypto for this exact moment. Thanks for reading and let me know if you have any critiques of my analysis, always happy to have constructive criticism.

ALT / Bitcoin

ALTBTC trade ideas