Altsignals

Altsignals

Everytime Dent comes back to the ascending trendline, we see some sort of bullish reaction. We are once again back at the trendline and seeing some sort of bullish price action indicating that we may once again see a push up. Trade Idea: - Risk entry now - Safe entry after break of descending red trendline - Stops below the ascending trendline (if we break...

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OGN has been within a parallel channel and seems to be respecting it well. We now have 2 main areas where we can look for buys. Naturally the best place to enter buys would be at the channel support as there would be a clear invalidation level. The other place to look for buys would be the recent structure base that was formed. Trade Idea: - Watch for a bounce...

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CTSI has been making nice bounces off the ascending trendline and has been creating bullish corrections. We recently saw a triple bottom and waiting for a breakout. On the 4H timeframe, watch for a strong move up. If price breaks below the ascending trendline and the triple bottom, the bullish outlooks will invalidated. 4H timeframe:

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There's something big coming... Bitcoin , Ethereum & Litecoin all appear to be in the corrective phases with Bitcoin leading the way. We can see that Bitcoin is approaching a strong area for the next impulse. Similarly, we can identify key reversal zones for Ethereum and Ripple. If we compare all 3 charts, we can see that theres an ascending trendline supported...

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XRP is currently within a massive ABC bull flag. We can see that we can from an impulse and we are creating a big correction and approaching 2 areas of significant interest. First Area: - Double bottom (structure) - 61.8 fibonacci Second Area: - Parallel channel support Both of these areas are key areas to look for reversal and a bounce off. Trade Idea: -...

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A stop order is an order to buy or sell an asset once the price of the asset reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. Filecoin makes massive impulses and it appears we could be on the verge of a massive one soon. The descending trendline has been respected 3 times and its a good...

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Bitcoin is setting up for the next massive impulse. We can see that we've had a number of impulses and corrections and now we're setting up for another impulse. The correction we're in is a slightly more complex correction made up over 3-3-5. We're currently in the latter stages of the correction, the 5 waves. Expecting one more drop to the 50 fibonacci, which...

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In our last couple of Ethereum posts, we mentioned how we were expecting a correction before the next big impulse. We're currently in an ABC correction and seeing the B wave now. What we can do is catch the C wave down back to the major trendline where we can look for the next impulse up. Short Term Trade Idea: - Watch for rejection of the structure level to...

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Tron is currently within an ascending wedge which we can trade. Every bounce and rejection of the wedge can be a point of entry with stops outside of the wedge. We recently saw a bounce off the wedge which we can use to enter with stops below the ascending wedge. Targets will be the ascending wedge resistance. Goodluck!

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Dogecoin has been testing the structure level many times and every time price bounces off aggressively. We can use this structure level as an entry point and use it for stop loss placement too. Trade Idea: - Risk entry would be now with stops below the structure level - Safe entry would be on the breakout of the correction (break of red descending trendline)...

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TWT showed multiple bullish corrections and every breakout has been a really strong breakout. We are now seeing another breakout. Keep in mind that if we break below the ascending black trendline, our bullish outlook is invalidated. Trade idea: - Enter on breakout of correction with stops below the major ascending trendline - Target the previous highs

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Solana has recently broken the ascending channel and we can may now be on a bearish leg. We have 3 major structure levels where we can watch for price action to tell us what is next; either a bounce off structure or a break and retest of structure. There are 2 ways in which we can trade these structure levels. Break & Retest For a break and retest trade, watch...

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Cardano has been one to watch recently with really high volatility. We can see that ADA has been making a series of impulses and corrections and we appear to be in a correction now. We are within a falling wedge and we recently tested the 61.8 fibonacci and rejected it, which also falls in line with the parallel channel support. We could just consolidate here...

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In our last Eth analysis we explained how there will be another correction appearing soon, which we got now. There are 2 main phases which can be clearly seen, Impulse and Correction. Our job as traders is to identify the corrections so we can catch the big impulse moves. However, we can also trade the correction whilst we get ourselves ready for the impulse. We...

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DOT has multiple factors indicating that we may be getting a bounce soon from the 38 level. We have: Structure 38.2 Fibonacci Ascending Trendline Trade Idea: Watch for price to reject the level indicated and enter with stops below the ascending trendline. Target: recent high for first TP and -0.27 for second TP If we break below the ascending trendline, our...

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Bitcoin Cash has been showing clear price action indicating what's next. We recently had a massive move down after a double top and now we are in an ascending correction. We retested the 78.6 fibonacci and rejected it. We could trade within the ascending channel back to the highs. If we do break the ascending channel, we could make our ways back to the 400 level.

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Fantom is approaching a high value area where we can look for longs. We have the following confluences supporting our idea for BUYS. - Major trendline - Daily EMA which price is respecting - Structure which price has respected numerous times - 38.2 fibonacci Trade Idea: - Watch for price to reject the 2.48 level - Enter with stops below the trendline - Target...

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Algo has been within a channel since the start of October and every time it reaches either extremes of the channel, we get a really nice reaction. We are looking for a similar reaction this time round. Trade Idea: - Watch for price to come back to the channel support and show bullish momentum - Enter with stops below the channel - Target the recent highs as...