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ALT

Some ALTS looks ready. CryptocurrencyThere's a couple of ALTS that looks ready to fire off. In the crypto market, what you want to see is Bitcoin Dominance drop and BTC price to remain sideways. At the current time, BTC price is sideways. BTC dominance has not dropped just yet, but as you can see for TRON. We're on a horizontal support with WEEKLY CCI curling back to the upside and crossing the 50 CCI (blue line.) Nothing is confirmed just as as I am just posting this in advance. But I am bias to the upside for some ALTS (not all of them.) As market sentiment for ALTS have basically died and become very bearish. This is the first sign that there might be a strong reversal soon for ALTS (not all of them.)
BITFINEX:TRXUSD
by cooface
1
NPX - My take on this shitcoin :)Thanks to @Cryptobullet for bringing this idea to life :) I made my own analysis and conclusion is , I don't see this coin "moon", however I do see a small relif rally occur that can be profitable. This can be a good gamble with a small-sized high-leveraged position (lose little gain much). Volume has been drying up in the falling wedge pattern, as we get closer to the apex I'm sure we will see some kind of reaction to the upside unless this coin really goes to 0. I have no clue about the fundamentals and/or the project it self and this soley based on the chart and what I see. NPXS is converging on the RSI and has formed a higher baseline on the RSI while the price has continued to decline. Times looks grim for this coin and i think it will be stagnated after we get rejected at the potential upside limitations (see my targets - 4 possible trade setups, can be used for trailing SL). This will probably will go sideways after the profits have been locked in - until something big happens withing the project. Good luck!
NLong
by Decrypt0
6
Alt-Season coming! Sit on your belt before rocket launches!!!Hello traders and guys. Looking at the chart, Crypto Total Market is yet bullish! Total MarketCap is tested Daily EMA50 line and bouncing up from EMA50 line and probably showing Inverse H&S as you can see in my chart. However BTC Dominance was quite huge this year 2019 and now showing Rising wedge chart pattern. Bitcoin is the king of crypto and the safest blockchain in the world. I believe it! But then how about alt coins? Think what happened on Binance IEO coin BNB, ChainLink(LINK) and other major alts like ETH, BCHABC, DASH, EOS. Alts was very bloody this year but alt season will be gone forever? Will BTC only survive in Crypto market? BTC can solve everything which have to be solved in crypto world's ecosystem? I don't think so definitely! BLockchain still needs to be applied in many parts with proper ways. and there are better approach to solve this issue. Writing this article, I am still regret why I didn't launc ICO last year with my own idea. LOL Just a joke. So to me, if alt season can come this year, Now is the moment to invest or setup a nice swing trading in alt coins. I think alts will grow quite much while BTC consolidating for a while. I tried to choose some alts randomly, but seriously. 1. ETH 2. BNB 3. BCH 4. DASH 5. LINK Good enough to give it a try with good entry! Please leave comments!
Long
by SellHope
1
$altseason wave 4 retracement- mini alt season before a huge oneEW analsysis of BTC dominance shows that we should be in wave 4 of the last wave 5 of 5. It s synonym of mini alt season, it will be followed by a wave 5 where BTC will pump again against alts, then it will be the crash and a big one. The targets for the wave 4 are in red on the chart. I tend to think the first red line at the 23.6 retracement is the most probable as wave 3 has been in hyper extension, which is most of the time synonym of short wave 4. I would long alts now until the 1st target is reached. Happy trading beautiful people!
CRYPTOCAP:BTC.DLong
by absolutefreedom
Bitcoin Dominance Back to 50% is ImminentMost are now are all in Bitcoin, especially considering BTC.D growth. This is market panic, which does result in a lot of money being moved from alts to Bitcoin. But this is exactly when smart money goes in. The market pshycology tells me, that this is perfect time for BTC.D to start reversing. Nevertheless, the it could be too early for the Alt Season to start. I'd expect it to BEGIN at the end of this year.... or, to END by the end of this year. Soon we'll find out, but I am holding my alts long term. Now you might ask why BTC will lose so much dominance. Well, BTC is a store of value, a long term "GOLD" investment. But, blockchain continues to develop with mass adoption on its' way. This will stimulate the growth of other chains and capital will be slowly distributed. People don't like to keep all eggs in one basket, even if this is a basket of Gold. They will buy Silver, Diamonds, Property etc simply to diversify.
CRYPTOCAP:BTC.DShort
by CryptoPAMM
19