Let's see, this hidden bearish divergence doesn't look that hot
It looks very much so like a corrective zigzag: lloks like we gone down soon
Altcoin is having a high correlation with bitcoin's movement as well. We can't deny that this market is having a very high volatility if we compare to bitcoin. If bitcoin increases 1%, there might be 2, 3 or 4% in altcoins price. That's why a lot of people are interested to put some of their eggs on altcoins market. Some of us is waiting for the next altseason...
after a strong Hammer candle two days ago we are seeing some good pull towards our strong resistance at 504
I'm considering both these options right now on #ALTPERP If left option, then majors alts might finally have their moment to shine after ranging forever. Both options are medium term bearish though.
Small TF, i could easily be wrong
Doesn't look so hot right now
Let's keep it simple: Close below this trendline = bearish. I still think a flat correction is on the way
Hello, we saw another attempt to break the 180bn BTC market cap that is a resistence since March 18. This is why I think this time we will break it BTC dominance is in line with the setup drawed months ago. We are witnessing a loss of dominance of BTC after a spike in the bear period: this consistent with a "bull run" where alt (some alts, good ones) outperform...
Looks like we did 3 waves down, 3 waves up with 90% retracement, so looks like we should expect 5 waves down now 🤷♀️
After this big move up price is now above important resistance and it is likely to become area of support if price of BTC won't fall down. As long as we se the price above orange box that is very bullish. We don't want't to lose this support on daily candle, but on 4H chart we can see some accumulation in orange box before going more up. In this solution it is...
It looks as though we are due to see a large run with altcoin and btc over the next month.
This is importatnt moment for ALTPERP because it need to break this resistance at 529.30 and try to break trend line or this support at 510.20 would not last long. If we see that 529.30 is becoming new support that would be much space for altcoins.
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