DOGECOIN - Breakout - Watching For Bull Flags! 📈
In our last analysis, we were watching for a breakout of the descending trendline to indicate to us that we are in a bullish reversal. Once broken, price retested the descending trendline where we got our initial entry.
We will be looking for further bull flags on the 15min timeframe for further entries and scalps. Targeting the midlevel structure of 0.44.
Full Chart
In our last analysis, we were watching for a breakout of the descending trendline to indicate to us that we are in a bullish reversal. Once broken, price retested the descending trendline where we got our initial entry.
We will be looking for further bull flags on the 15min timeframe for further entries and scalps. Targeting the midlevel structure of 0.44.
Full Chart
EDUCATION - Moving Average Trading Tutorial 🤓
In technical analysis, there’s an indicator called moving average which calculates the average closing price over a set period of time. If the market is too choppy, often a moving average can help smooth things out and provide a clearer visual of what’s going on in the market and an indication as to where the momentum is whether it’s a bear market or a bull market.
See full chart for more information:
- How is moving average calculated?
- How do you use moving average?
- Transition from bearish to bullish (vice versa)
- What moving average do we use?
- Examples of using Moving Averages
If you like these educational content, be sure to give it a thumbs up and comment what you'd like to see next!
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In technical analysis, there’s an indicator called moving average which calculates the average closing price over a set period of time. If the market is too choppy, often a moving average can help smooth things out and provide a clearer visual of what’s going on in the market and an indication as to where the momentum is whether it’s a bear market or a bull market.
See full chart for more information:
- How is moving average calculated?
- How do you use moving average?
- Transition from bearish to bullish (vice versa)
- What moving average do we use?
- Examples of using Moving Averages
If you like these educational content, be sure to give it a thumbs up and comment what you'd like to see next!
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BITCOIN - Can We Reach 40K??
The 30K had a significant reaction early on this year and it appears that it has had a similar reaction again recently. The next area of interest would be the 40K level.
First we need to try and break the 36K level before we can reach 40K. Will be looking to take an entry on the retest of 36K should we break it...
See chart update for 4H analysis.
Full Chart
The 30K had a significant reaction early on this year and it appears that it has had a similar reaction again recently. The next area of interest would be the 40K level.
First we need to try and break the 36K level before we can reach 40K. Will be looking to take an entry on the retest of 36K should we break it...
See chart update for 4H analysis.
Full Chart
LITECOIN - Watch For Breakout! 🚨
Last time we analysed Litecoin, we were waiting for it to tag the previous bottom. Price spiked below and is making a reversal. The only obstacle in our way is the 147 level where we have a descending trendline and previous structure.
Watch for that level to break and gain an entry on the retest, similarly to how we entered ETHUSD.
Full Chart
Last time we analysed Litecoin, we were waiting for it to tag the previous bottom. Price spiked below and is making a reversal. The only obstacle in our way is the 147 level where we have a descending trendline and previous structure.
Watch for that level to break and gain an entry on the retest, similarly to how we entered ETHUSD.
Full Chart
DOGECOIN - Moment Of Truth... 🤞🏼
We've been monitoring Dogecoin for a while and not much has happened apart from little moves. We need some sort of catalyst to get it moving... Where's Elon??
Right now we are seeing correction and monitoring it for a break. Entry will be on the break of the descending trendline with stops below the correction.
Full Chart
We've been monitoring Dogecoin for a while and not much has happened apart from little moves. We need some sort of catalyst to get it moving... Where's Elon??
Right now we are seeing correction and monitoring it for a break. Entry will be on the break of the descending trendline with stops below the correction.
Full Chart
SHIB - How We Entered 🔥
See chart for full explanation as to how we entered.
Entry: After the double bottom on the 12th of June, we entered on the break of the descending channel
Stops: We put our stops below the wick incase price comes back to retest the low - which it did.
Currently running 43%
Full Chart
See chart for full explanation as to how we entered.
Entry: After the double bottom on the 12th of June, we entered on the break of the descending channel
Stops: We put our stops below the wick incase price comes back to retest the low - which it did.
Currently running 43%
Full Chart
ETHEREUM - Where Are We Heading? 🤔
From our last analysis, we managed to get in on a buy after the retest. Price seems to be straggling along. There isn't any clear direction at the moment so we can just trade this for the short term via breaks of Trendline and pattern.
Once we see a break of the correction we're in, we can enter with stops above the correction. Targeting the lows of 1750.
Full Chart
From our last analysis, we managed to get in on a buy after the retest. Price seems to be straggling along. There isn't any clear direction at the moment so we can just trade this for the short term via breaks of Trendline and pattern.
Once we see a break of the correction we're in, we can enter with stops above the correction. Targeting the lows of 1750.
Full Chart
AXS - Pump & Dump Season! 🚀💀
Axie Infinity Shard has had some massive gains recently but this could all be temporary. The market has been spiking up and down with no clear direction. What we can do is take advantage of the pump and dump market to make quick gains.
Watching for the trendline to break to signal bearish reversal with targets of the 61.8 fibonacci which falls nicely with our structure level. Could be an easy trade!
See chart update for 1H analysis.
Full Chart
Axie Infinity Shard has had some massive gains recently but this could all be temporary. The market has been spiking up and down with no clear direction. What we can do is take advantage of the pump and dump market to make quick gains.
Watching for the trendline to break to signal bearish reversal with targets of the 61.8 fibonacci which falls nicely with our structure level. Could be an easy trade!
See chart update for 1H analysis.
Full Chart
AltSignals.io Analysis 🎯
ALPHA - Approaching Buy Area! ❗️❗️ n our previous analysis we were waiting for Alpha to move down more to our buy area between 0.3 and 0.5. We are now approaching that area in a descending correction which is often a reversal pattern. We will be waiting…
ALPHA Update - Up by more than 150% 🎯
AltSignals.io Analysis 🎯
ChainLink - Falling... Wedge 😏 LINKUSDT is giving us a really nice pattern where we can look for both shorts and longs. For short, we are anticipating price to go down to the double bottom region atleast to complete the falling wedge pattern. For Longs…
ChainLink Update - Up by 35%
GRTUSDT - Breakout! 🔥
GRT has been within a descending correction since March and we've finally seen a breakout.
The area to watch is the 0.64 level where we can have a possible retest. Alternatively, we can also look for bull flags to take this higher!
Full Chart
GRT has been within a descending correction since March and we've finally seen a breakout.
The area to watch is the 0.64 level where we can have a possible retest. Alternatively, we can also look for bull flags to take this higher!
Full Chart
BITCOIN - Back Below 30K! 🩸
We've identified Bitcoin to be in a descending channel and looks to be correcting for a move lower. We've seen similar patterns in the channel in early June where Bitcoin was in an ascending correction and broke down.
Recently we just broke out of another ascending correction. We are looking for entry opportunities to go short. Watching for retest of the 33.2K level to take this lower to atleast 30K.
Full Chart
We've identified Bitcoin to be in a descending channel and looks to be correcting for a move lower. We've seen similar patterns in the channel in early June where Bitcoin was in an ascending correction and broke down.
Recently we just broke out of another ascending correction. We are looking for entry opportunities to go short. Watching for retest of the 33.2K level to take this lower to atleast 30K.
Full Chart
AltSignals.io Analysis 🎯
GRTUSDT - Breakout! 🔥 GRT has been within a descending correction since March and we've finally seen a breakout. The area to watch is the 0.64 level where we can have a possible retest. Alternatively, we can also look for bull flags to take this higher!…
GRTUSDT UPDATE - Up by 18% 🎯
AltSignals.io Analysis 🎯
AKROUSDT - Break & Retest Heaven! 😍 The last time we analysed AKRO was on the 5th of May where we had a Short set up which played out perfectly. We are not at the lows and looking for entry reasons to buy. We have a descending trendline which we are monitoring…
AKROUSDT UPDATE - Up by 66% 🥵
NASDAQ - Another Bullish Correction? 🧐
NASDAQ has been steadily climbing higher and higher with a channel. We can see that within the bullish moves, we have an ABC corrections followed by a major impulse. We could be seeing another ABC correction soon which we can capitalise on.
Watch for the break of the ascending trendline to indicate bearish momentum and will be looking to enter with stops above the channel. Take profits would be the channel support.
Full Chart
NASDAQ has been steadily climbing higher and higher with a channel. We can see that within the bullish moves, we have an ABC corrections followed by a major impulse. We could be seeing another ABC correction soon which we can capitalise on.
Watch for the break of the ascending trendline to indicate bearish momentum and will be looking to enter with stops above the channel. Take profits would be the channel support.
Full Chart
BITCOIN - STILL BEARISH 🩸
Bitcoin is still within that parallel channel and we could be seeing an ABC correction for another move down to the parallel channel support.
In our last analysis we marked out an ascending trendline which we were watching for a break - which we just got. Will look to take this down to atleast the 30K level.
Full Chart
Bitcoin is still within that parallel channel and we could be seeing an ABC correction for another move down to the parallel channel support.
In our last analysis we marked out an ascending trendline which we were watching for a break - which we just got. Will look to take this down to atleast the 30K level.
Full Chart
DOGECOIN - Are You Holding??👀
Dogecoin has been in a downtrend ever since that big spike we saw in May. We are now approaching the THIRD touch of the structure level at 0.16.
Looking to see if there's enough buying pressure to finally break DOgecoin out of the bearish phase.
We have a descending trending leading towards the structure. We can monitor that for a break to the upside to indicate buyers coming into the market.
Full Chart
Dogecoin has been in a downtrend ever since that big spike we saw in May. We are now approaching the THIRD touch of the structure level at 0.16.
Looking to see if there's enough buying pressure to finally break DOgecoin out of the bearish phase.
We have a descending trending leading towards the structure. We can monitor that for a break to the upside to indicate buyers coming into the market.
Full Chart
CARDANO - Approaching Key Area 🔑
Cardano has had a few attempts to break out this year but somehow manages to lose steam on its way up. We are now approaching a pivotal price 1.15 where we have multiple confluences for the upside. However if we break that level, we could see Cardano tumble much lower than the major bull run this year.
Again we have a descending trendline which we will be monitoring for a breakout to indicate buying pressure.
Full Chart
Cardano has had a few attempts to break out this year but somehow manages to lose steam on its way up. We are now approaching a pivotal price 1.15 where we have multiple confluences for the upside. However if we break that level, we could see Cardano tumble much lower than the major bull run this year.
Again we have a descending trendline which we will be monitoring for a breakout to indicate buying pressure.
Full Chart