Altsignals

Altsignals

It is almost time for us to look for buys for Ripple. In our last Ripple analysis, we were looking for one more move down back to the 0.50 to 0.55 level. See previous analysis below: Currently we appear to be in an ABC correction and nearing the end of C wave. After the completion of C wave, we are anticipating the next impulse (which is going to be a big...

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Following on from our last couple of posts where we posted short term Bitcoin shorts, we are approaching our target level of 40K. We've mentioned previously that the main areas to look for reversal were the 40k and the 30k. As we're approaching the 40K now, there are a few things that have to come together in order for us to have a confirmed reversal. We must: -...

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Mana had a massive bullrun late last year and since them it has been correcting. We can see that we are creating some sort of an ABC move. Ideally we'd like the completion to be at the -0.27 level where we have previous structure. Trade Idea: - Watch for price to come back down to the -0.27 fibonacci (2.00 to 2.200) - Enter when bullish price action appears -...

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Kadena is showing us a very simple and easy setup. We had an impulse and now we're in an ABC correction, which will be followed up by another major impulse. Only question is where will the C wave stop. We have 2 areas where we are looking for the end of C and the start of the impulse. First area: 8.5 to 9 Double bottom area Second area: 3.3 to 4 -0.27...

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FIL is showing us a price action that looks really familiar. In 2020, we had a descending trendline (black) which broke out and then we had a minor descending correction (red) which lead to a double bottom before we had a bullish run. Similarly, we have having exactly the same sequence of events. The next step based on past price action would be a breakout and a...

Altsignals Updated 

In our last ETH analysis, we had a higher timeframe overview and indicated that we are waiting for a reversal at the fib levels. Whilst we wait for price to come down to those levels. we ca capitalise on shorts back to that area. Trade Idea: - Price is currently in a parallel correction. - Wait for red ascending trendline to break and enter - Put SL above the...

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VET is currently in a bigger ABC correction and approaching the final leg down of the C wave, after which we will be looking to buy and hold Vechain for the long term. We have the -0.27 fibonacci at $0 which is very unlikely. However, if price drop close 0, it should be seen as a buying opportunity. There's a lot of hype behind VET so it is unlikely that it will...

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Tron appears to be respecting a parabolic curve and we are approaching 2 significant areas of interest, as shown in the chart. Trade idea: - Watch for a strong breakout above the parabolic curve - enter with stops below the most recent price rejection - target recent highs as first target and continue holding until there's strong price rejection Goodluck

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Our last analysis was a higher timeframe analysis of Stellar and we found that we were in an ABC correction with 2 possible areas of interest, with one being unlikely. See below: Currently we appear to be in a bearish pennant for one last move down. Trade Idea: - Watch for strong bearish candles on lower timeframe or a correction - Enter on break of...

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In our previous Bitcoin analysis, we identified 2 areas that Bitcoin could potentially bounce from; 40k and 30k. We could be making one last move down before we reach one of those 2 areas. Price created a 3-3-5 bearish correction and made its way lower. We are now seeing a minor ABC correction and watching for that to break down. We have the 38.2 fibonacci and...

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The weekly chart of SRM is showing us clear signs of a reversal coming very soon. We can see that we had a massive impulse until end of May and since then, we've been in a massive expanding ABC correction. We are now approaching the 0.88 fibonacci which is also the completion of the C wave of our expanded correction. Trade Idea: - Watch for price to come to the...

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Following on from our last analysis on Bitcoin Cash, we reached TP and now we are expecting a reversal very soon. We are approaching a very strong level where we have multiple confluences to buy. Trade Idea: - Watch for strong bullish price action at the $380 level - Enter with stops below price rejection - Target 800 as first targets and HODL the rest! What do...

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Our last analysis on ChainLink was a higher timeframe analysis where we indicated the reversal point. We appear to be in a really clean bearish correction and anticipating one last short to the 88 fib and structure before starting the monster bullrun. See weekly chart below: Trade idea: - Watch for a break of the red trendline - enter with stops above the...

Altsignals Updated 

Binance Coin is within a really clear descending wedge, with the completion of the wedge falling in line with the 61.8 fib and the ascending trendline. We saw almost an identical price action before in September 2021. SHORT Term Trade Idea: SHORT (See chart update for lower timeframe setup) - Watch for breakdown of bear flag and enter - SL above the recent...

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LINK is fast approaching our entry area. In our last analysis, we had 2 areas of interest but since then, we've had new price action tell us that the best area for reversal is the $14 area, where we also have the 88 fibonacci and structure. Trade Idea: - Watch for bullish price action at $14 area - When entered, keep SL below the price that level - Target the...

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Some more price action has appeared which has given us more of an indication as to what may happen next. We are seeing a descending wedge, which is often a reversal pattern. Looking for ICP to make one more move down before we load up for buys! Short Term Trade Idea (SHORT): - Watch for a break of the ascending trendline on lower timeframe - Enter with stops...

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Our last 3 Avax analysis were spot on. In our last AVAX analysis, we were bullish from the $80 level. Price went on to move up 85% before creating a correction. We are now seeing an ABC correction with the completion of C approaching. Trade Idea: - Watch for bullish price action around the 75-80 level (we have the 50 fibonacci and structure supporting the...

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Following on from our last ETH analysis, we are still on track to hit our fibonacci levels that we mentioned in our previous post. Key areas to look out for is the 61.8 fibonacci and the 78.6 fibonacci. Trade Idea: - Watch for price to come down to the fibonacci level and show bullish price action - Enter with stops below that level - target ATH as first targets,...