looks like anothe Wyckoff accumulation exit scenario. broke key resistance and retested it by bouncing off MA99 & EMA200 effectively flipping it into support. I definitely see this going for ATH (in USD value).
fantastic R/R ratio here: downtrend broken and retested; already left accumulation range; bouncing off EMA200.
Looking to load on BEPRO here. bought a little bit and laddered quite a few addional buys into demand zone below 2k sats. no fancy techniques here > I'm just looking for solild bounce at the support line, which was once very strong resistance.
in addition to NAS BTC pair idea, USD pair aligns very well. classic "leaving accumulation" chart :) will be buying a lot more if it dips into $1 range.
another one still in accumulation range (spring forming) Riding daily ema200 > rapid move up soon. aiming at 600 sats (3x from here) as minimum.
OXT looking for S/R flip on BTC pair. wait for breakout and downtrend retest for best possible entry.
already left accumulation range. basic S/R flip soon. should be easy 2x from here.
This one to complement FIRO BTC pair chart. Classic "leaving accumulation range" setup for FIRO on USD pair. bounced off daily EMA200; if Alt party keeps going, I would estimate a target of 40-50 USD quite soon (depending on it reaches blue trendline).
interestingly BTC.D is printing similar structure as many altcoins. even daily ema200 bounce is present :) I would expect alts to fly in coming weeks. Most of them already left accumulation ranges on USD pairs, but are yet to do that on BTC pair. potential resistance area ~ 52% I will be taking some profits there for sure.
ARK nearing downtrend breakout. I expect it to flip the blue line into support and continue up from there.
Bullish RSI divergence on 1D to support this speculation. Yet it's still only a speculation as forkline is not broken yet. Fibs would suggest a target slightly above 700 sats.
I expect altcoins to finally start disconnecting from BTC (real altseason) in coming months. Litecoin BTC pair looks very much primed from violent move up and here's my take on USD pair. Once the trendline is identified it usually takes 4 tries to break it upwards and retest it as new support line (S/R flip); the further we go into the bull market; the steeper...
almost identical setup compared to multiple other ALT USD pairs.. ELA about to leave accumulation range, potentially come back to restest old resistance trendline as new support and fly from there..
Such a clean chart :) in conjuction with my previous chart (on BTC pair), I would speculate this is going for a major trendline at around $5 We should see S/R flip of key resistance at $1.40 and have a very strong bounce from there.
Self explanatory chart. Bullish RSI divergence (1H / 4H) supported Chuvashov fork in the making. Targeting 53k here (fib-based).
so just for fun and as a educational excercise. Target range is only $10 away anyways :) There's a bullish Chuvashov fork on Litecoin USD pair. I find it to be simple, yet very effective and easy to use tool. 1. Identify downtrend (or uptrend). 2. observe downtrend break. 3. See if you have find a forkline forming. 4. Aggressive entry on forkline break. 5....
Historically Litecoin rallies on BTC pair were short and violent, shaking out weak hands early on. Will this time be different..? No, of course not :) Price has been bottoming out for a couple of months now and we have a double bullish RSI divergence forming on weekly chart which will propel it fast and high (if you have the stomach to hold, while ""everything...