


Altsignals
PremiumDent is fast approaching a double bottom level where we may see price bounce off aggressively like it did in late July. For confirmation of bearish reversal, you can wait for the break of the red descending trendline. It is possible to take short term short trades back to the double bottom but there will be limited gains. The bigger move will be the move...
BLZ has been difficult to read recently due to the massive volatility spikes. From the higher timeframe, it looks like we can be heading to one of 2 key levels where we'll get a bounce. First Level: 0.1800 78.6 Fibonacci and Structure Second Level: 0.1200 We have previous structure where we saw a triple bottom. We could be making a higher timeframe double bottom...
Everything is lining up for LTC to go on a ridiculous bullrun in 2022. We could see prices of $500+ in 2022! We saw a major impulse in 2020 and all over 2021 we have been in an ABC correction. We are approaching the 78.6 fibonacci where we will look for buys, which is the $100 level. Trade idea: - Put alerts on above the the $100 and get yourself ready to buy -...
Binance Coin is showing us similar price action to the last time we had a short term bearish move. We have a really interesting level we are looking at for longs. We have the ascending trendline - which has been respected several times and we also have the 61.8 fibonacci. Trade idea: - Watch for price to correct back to the $450 level - Once bullish price...
In our last Dot analysis, we gave a higher timeframe overview and we were expecting DOT to come back down to the $10 level. See below: We are now seeing a bearish correction indicating that we are almost ready to breakdown lower. Trade Idea: - Watch for a breakdown of correction - Enter with stops above the correction - Targets: 20 - 16 - 10 Goodluck!
Similar to our analysis on Kishu, we may see Shib breakout too. We are seeing some bullish price action on the structure level right now which could be the start of a breakout. However, if we reject the descending red trendline and come back down, it would just give us another opportunity to get in at a lower price. Trade Idea: - Risk entry now with stops below...
Kishu has been on a lot of peoples watchlist as one of the ones to watch for some quick gains! As it is at the very bottom, any movement up would be exponential gains so it may be worth it to put some in here at the bottom and hold. The downside is very limited but there's major upside gains to be made! Trade Idea: - Watch for a strong breakout and enter with...
Our last VET analysis got invalidated due to the crypto crash. We had to zoom out and find out the meaning behind the madness. We can see that price is in a wedge and approaching a level which we bounced off from 3 times. We could potentially bounce off it once again. We have the -0.27 fibonacci at $0 which is very unlikely. However, if price drop close 0, it...
From first look at this chart it can be overwhelming... But let us explain. We look to be in a descending channel and respecting it well. It could be that we bounce from the current level back up to the 66 level. However, if we reject the channel resistance, we could make our way back to the 12 to 16 level where the 2021 bull run started. That would make for a...
SXP has recently bounced off the triple bottom as indicated on the chart. Ideally we'd want a strong daily bullish engulfing candle to indicate a full reversal - which we didn't. This is why it's important to be cautious when entering longs from here. The best place to enter would be the 0.60 area where we have a strong level where price started its bull run. IF...
We can see that there's clearly a demand zone where price keeps bouncing off from. Naturally this would be the area to look for buys. Keep in mind that there may be chances of stophunts where price can wick below that level and quickly come back up. For confirmation, wait for the red descending trendline to break. Goodluck!
1INCh is approaching the absolute lows and this may be bad for those that are holding their positions from the last bullrun. However, those that have not got any 1INCH, they are in luck! Once price finds its bottom, it would be good to buy some 1inch to hold until the next big bullrun. The downside is very limited but there's alot of potential to make upside...
At the start of the year, we saw a beautiful impulse which pushed Theta up over 2000%. We have been stuck in a correction ever since but it appears we may see the end of the correction very soon. We have 2 key areas which we are looking at. First area: $3.60 We have the recent lows and the 78.6 fibonacci Second area: $2 to $2.60 In this area we have the...
Atom is currently correcting towards 2 key structure levels where we are looking for a bounce. Trade Idea: - Watch for price to come to one of the levels indicated - Wait for bullish price action - enter with stops below the structure level - Target the highs as first target Goodluck!
ChainLink is currently within an ABC correction. We are approaching 2 areas of interest where we will be looking to buy and HODL. First area: $14 We previously reacted to that level and bounced off strongly. We could potentially create a local double bottom and then move higher from there, Second area: $8 Price reacted numerous time to that level. We also have...
Polkadot is showing us clean price action and the buy zone is evident. We are currently in an ABC correction and anticipating the end of C wave shortly and the start of the next impulse. We have the 0.88 fibonacci supporting our buy region as well as the double bottom. Trade Idea: - Watch for bullish pressure at around the $10 region - Enter when there's a...
XRP is approaching a key level where we may see the biggest wave (wave 3). We are currently in an ABC correction with the C wave possibly finishing at the double bottom region at 0.5. Trade Idea: - Watch for bounce at the end of C wave at the double bottom area (0.5) - When bullish price action appears, enter with stops below the recent lows - Target $1.90 as...
Dogecoin has been difficult to read as of late but going to the higher timeframe, it can be seen that we had a clear impulse down and then an ABC correction and we're at the start of maybe another impulse down. We have 3 major levels which we are looking at for a bounce. First area: 0.17 Price bounced off this price multiple times and we are now showing some...