Altseason2021
Is It Really Happening: When Altseason Will Begin?Hello, Skyrexians!
Today we will observe the CRYPTOCAP:BTC.D chart, this is the chart which shows the Bitcoin dominance on the crypto market. During last 2 years it has growing slowly, but permanently. It caused to this strange cycle where Bitcoin has broken ATH, while some altcoins set the new low every month. Is this nightmare really finished or altcoins will continue suffering? Let's discuss today.
On the chart you can see weekly time frame which showed two completed altcoin seasons: in 2017 and 2021. Last altseason has started after reaching 0.618 Fibonacci level from the previous altseason. Then we saw the big drop to 40%. Let's notice that this altseason has been started after flashing the signal on Bullish/Bearish Reversal Bar Indicator . As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Currently this indicator has been flashed 2 bearish reversal bars in the 0.61 Fibonacci retracement zone. If today weekly candle closes with this signal and next week there will be the confirmation - 58% breakdown, there is a high chance that real altseason come the market.
Best regards,
Skyrexio Team
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LUMIA | GOOD FUNDAMENTALSLumia is a good project, I want to get involved somewhere and blue boxes looks nice.
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely—markets can confirm what charts already whisper. Let’s see how this plays out together.
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DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it.
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Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
Guide to Altcoin Growth ExplosionsThe whispers of "altseason" echo through the cryptosphere, igniting the imaginations of investors with visions of explosive altcoin growth. But what exactly is this mythical period, and how can you navigate its thrilling (and potentially treacherous) waters?
Deciphering the Altcoin Landscape:
Imagine Bitcoin as the majestic oak, anchoring the crypto forest with its established presence. Altcoins, on the other hand, are the diverse flora teeming around it, each offering unique characteristics and purposes. From the DeFi tokens powering decentralized finance to the meme-fueled Dogecoin, the altcoin landscape is a vibrant tapestry of innovation and experimentation.
Understanding Altseason's cycle:
Think of altseason as the spring bloom of the crypto market. Just as flowers burst forth with vibrant colors, altcoins experience a surge in growth during this period. This happens when investors, having secured profits from Bitcoin's rise, seek new avenues for higher returns, shifting their focus to altcoins.
Catching the Altseason Wave:
While predicting the exact arrival of altseason is like trying to pinpoint the exact moment a flower blooms, there are key indicators you can watch:
The Bitcoin Dominance Symphony:
When Bitcoin's market share (dominance) starts to dip, it's often a sign of capital flowing towards altcoins. Track this metric closely, as it can be an early harbinger of the altseason melody.
The Altcoin Season Index: This handy tool (link provided in the original article) acts like a conductor, orchestrating an index that reflects altcoin performance against Bitcoin. A score above 75% might signal the start of the altseason concerto.
Choosing Your Altcoin Stars:
Don't be swayed by the allure of the season alone! Before diving in, carefully consider these factors:
Market Capitalization: Look beyond the current valuation and examine historical trends. Has the market cap experienced significant fluctuations? A stable market cap indicates a more established project.
Project Innovation: Does the project address a real-world problem or offer a unique value proposition? Don't get swept away by hype; true innovation has staying power.
The Orchestra Behind the Project: A strong, transparent team and an engaged community are essential for long-term success. Look for projects with a clear roadmap and a team that inspires confidence.
Tokenomics: Understanding the Score: This refers to the coin's supply, distribution, and release schedule. How will the release of new coins impact the price? A well-defined tokenomic model fosters trust and sustainability.
Trading Volume Harmony: Don't limit yourself to the major exchanges. Explore diverse platforms to potentially discover hidden gems with lower trading volume but high growth potential.
Learning from the Past, Embracing the Future:
While past performance isn't a crystal ball for the future, analyzing top gainers from previous altseasons (like Gala, Axie Infinity, and Solana in 2021) can offer valuable insights. Remember, the crypto market is a dynamic ecosystem, and new projects with groundbreaking ideas are constantly emerging.
The Power of Research: Your Guidebook to Altseason:
ETH-BTC pair :
The ETH/BTC pair is one of the most important indicators to watch when trying to determine when altseason will begin. This is because Ethereum is the second-largest cryptocurrency by market capitalization, and it is often seen as a bellwether for the rest of the altcoin market.
When the ETH/BTC pair is rising, it means that Ethereum is outperforming Bitcoin. This is often a sign that investors are becoming more bullish on altcoins, and that altseason may be on the horizon.
Conversely, when the ETH/BTC pair is falling, it means that Ethereum is underperforming Bitcoin. This can be a sign that investors are becoming more risk-averse, and that altseason may be coming to an end.
Altseason can be a lucrative opportunity, but venturing in without proper research is like navigating a dense forest blindfolded. Utilize the wealth of information available in the crypto community, explore various tools and resources, and conduct your own due diligence before making any investment decisions.
Diving into 2021's explosive altseason: check out these top performers:
Gala (GALA) +10891.26%;
Axie Infinity (AXS) +10598.52%;
Solana (SOL) +7998.67%;
Fantom (FTM) +7155.14%;
Polygon (MATIC) +6805.13%;
Rari Governance Token (RGT) +5491.43%;
Terra (LUNA) +5071.23% (well, it was there);
Dogecoin (DOGE) +3855.02%;
PancakeSwap (CAKE) +2963.16%;
The Sandbox (SAND) +1896.16%.
*Data taken from coinmarketcap.
Remember, altseason is not a guaranteed path to riches. Invest responsibly, stay informed, and enjoy the journey! The crypto market is an ever-evolving landscape, and altseason offers a unique opportunity to witness and potentially participate in its growth. By understanding the fundamentals, making informed choices, and staying adaptable, you can navigate this dynamic season with knowledge and potentially reap the rewards.
P.S. Share this article with your crypto-curious friends and start your own discussions about altseason!
How To Find Strongest Altcoins : TutorialNavigating the world of cryptocurrencies can be like embarking on a treasure hunt, and today, we'll discuss the art of finding robust altcoins. AVAX and INJ serve as excellent examples of how to identify strong performers.
Comparing AVAX with Bitcoin:
When searching for strong altcoins, it's crucial to compare their performance against the market leader, Bitcoin. A compelling example is AVAX, which, during a specific period, saw a decline of 21% while Bitcoin surged by 108%. This discrepancy highlights AVAX's relative weakness during that time.
INJ's Remarkable Ascent:
On the other hand, INJ paints a different picture. When we compare its performance with Bitcoin, we witness an incredible 973% increase. INJ not only kept pace with Bitcoin but outpaced it significantly. This type of performance makes INJ a prime candidate for those seeking strong altcoins.
The Takeaway:
When hunting for strong altcoins, it's crucial to perform relative strength assessments against Bitcoin. While Bitcoin remains the benchmark, the altcoins that can surpass it or at least keep up with its pace are often the ones to watch.
Trading Strategy:
Comparison is Key: Continually compare altcoins with Bitcoin and monitor their relative strength over time.
Risk Management: Implement sound risk management practices, especially when dealing with the crypto market's volatility.
Stay Informed: Stay updated on the fundamentals and developments related to the altcoins you're considering.
Conclusion:
The cryptocurrency market is a dynamic landscape filled with opportunities, and identifying strong altcoins is a skill worth honing. The performance of altcoins concerning Bitcoin can provide valuable insights into their potential.
As you embark on your quest for strong altcoins, remember that the crypto world is ever-evolving. Stay informed, trade wisely, and may your search lead to success.
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TRX (TRON) Coin Analysis 08/05/2021Fundamentals:
TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS.
This project is best described as a decentralized platform focused on content sharing and entertainment — and to this end, one of its biggest acquisitions was the file sharing service BitTorrent back in 2018.
Overall, TRON has divided its goals into six phases. These include delivering simple distributed file sharing, driving content creation through financial rewards, allowing content creators to launch their own personal tokens and decentralizing the gaming industry.
TRON is also one of the most popular blockchains for building DApps.
Using the blockchain and its decentralized smart contract capability, the idea of Tron is that users will experience a decentralized internet where “middlemen” such as Google and Facebook are not needed for users to access content.
To draw an example, currently the most ubiquitous video sharing platform is Youtube, which is a privately owned company with privately owned servers that stores and serves video to its viewers. However, using Youtube’s services means that creators and users have to comply with Youtube's terms of service and may have to pay for its content in one way or another. Creators on the Youtube platform may earn a share of Youtube’s revenue, but the pay structure is entirely up to Youtube’s discretion.
The TRON protocol runs on a Delegated Proof of Stake (DPoS) Governance Model. This allows users to perform transactions with close to zero-fee whilst still being resistant towards transaction spam.
Transactions on the Tron Blockchain are maintained by a consortium of Super Representatives (SR) that are voted in by TRX holders who have locked their stake in the form of Tron Power. There are 27 top-voted Super Representatives and 100 Super Representative Candidates. The hierarchy of SR and SR Candidates are readjusted every 6 hours based on the number of votes they receive from Tron Power holders.
Tron aims to replace services such as Youtube and others by becoming the decentralized infrastructure in which users can connect directly with creators and pay the creators directly for the content they wish to consume.
TRON has positioned itself as an environment where content creators can connect with their audiences directly. By eliminating centralized platforms — whether they are streaming services, app stores or music sites — it is hoped that creators won’t end up losing as much commission to middlemen. In turn, this could also make content less expensive for consumers. Given how the entertainment sector is increasingly becoming digitized, TRON could have a headstart in applying blockchain technology to this industry.
The company also says that it has a talented and experienced developer team, based around the world, that has been drawn from major companies such as Ripple Labs.
Last but not least, whereas some other blockchain projects can be opaque about their plans for development, TRON offers a point of difference by delivering a roadmap that shows its intentions for the coming years.
TRON uses a consensus mechanism that is known as delegated proof-of-stake.
TRX owners can freeze their cryptocurrency in order to get Tron Power, which means that they can vote for “super representatives” who serve as block producers.
These block producers receive TRX rewards in exchange for verifying transactions, and these rewards are then distributed among the people who voted for them.
According to TRON, this approach helps its blockchain to achieve higher levels of throughput.
TRON was founded by Justin Sun, who now serves as CEO. Educated at Peking University and the University of Pennsylvania, he was recognized by Forbes Asia in its 30 Under 30 series for entrepreneurs.
Born in 1990, he was also associated with Ripple in the past — serving as its chief representative in the Greater China area.
TRON has a total supply of just over 100 billion tokens — and at the time of writing, about 71.6 billion of these are in circulation.
When a token sale was held in 2017, 15.75 billion TRX was allocated to private investors, while an additional 40 billion were earmarked for initial coin offering participants. The Tron Foundation was given 34 billion, and a company owned by Justin Sun got 10 billion.
All in all, this meant that 45% of TRX supply went to the founder and the project itself, while 55% was distributed among investors. Critics argue that this is a much higher ratio than what has been seen with other cryptocurrency projects.
TRON price today is $0.152468 with a 24-hour trading volume of $5,391,785,654. TRX price is down -6.9% in the last 24 hours. It has a circulating supply of 72 Billion TRX coins and a max supply of 101 Billion. Binance is the current most active market trading it.
Technical Analysis:
As you can see in the Daily chart , Tron coin Value have increased from the end of April to end of March 2021 and it reached 0.18$ each. The Coin has touched Fibonacci Golden Zone and Bounced from it, What we think is that the price may fluctuate and Reaccumulate between 0.12$ and 0.16$ in order to Get ready and accumulate enough volume to shoot for TP1 ( 0.23$) and ultimately higher targets levels, which are specified by Fibonacci Projection of the Initial Impulsive Cycle.
There are few Support levels specified by Fibonacci Retracements which can stand in case of some More Fall downs.
TOTAL ALTS ; WEVE MOVED!! update ; flip bull?yo yo we finally made some sorta move.
decided to clear this up a bit. these two macro fractals both kinda make sense.. we'll get a clear invalidation of one of them in a few days. lambos or traps?
i have no frigin idea which one but i bet one of them plays and it becomes more clear very soon.
regardless we prob have a few more days of UP to get everyone nice and semi hard again.
gl degens
ACA/USDT BREAKOUT READY TO PUMP 240%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Get some ACA in BTC pair.
Likely to pump.
Buy on spot.
Accumulate in this range:- $0.0000011 to $0.000001170
Target:- $0.000001380 - $0.000001650 - $0.0000024 - $0.000003250 - $0.000004
SL-$0.00001060
DYOR, Not Financial Advice
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
CRVThe CRV projection shows bottoms likely in and we have been buying down for a very nice avg entry. Mine is somewhere around $1.30 if I am to remove all the free coins I've made trading CRV during the2021 bull market. This is a boring chart showing that we land somewhere around $6 EOY -Jan 2023 but we should expect a slow recovery here becuase USA Markets are a bees dick away from a recession and altseason is in the review mirror at this point. Likely no awesome altseason again until next BTC 1/2ing. So cowboy up and be patient. IMHO
FIL is at a very good Price to Long 07/02/2021Price Action analysis shows us that the price is under valued as compare to other cryptos so it can face some pomp in the near future as we are in the altcoin season currently when the big dominance holders loos their dominance
strong Buy suggestion
what do you think?
VeChain (VET) Analysis 09/03/2021we are updating our Past Analysis on VeChain
as you can see the price has done its accumulation phase and now showing Hidden Bullish Divergence with MACD Histogram , which is the sign of trend continuation...
3 new Targets are Defined base on the Fibonacci Projections of the previews impulsive wave.
it may take some time to reach the 1 TP but as it gets Triggered the 2 TP is confirmed.
BNB Seem to be Worth of Purchase Now 25/02/2021BNB was launched through an initial coin offering in 2017, 11 days before the Binance cryptocurrency exchange went online. It was originally issued as an ERC-20 token running on the Ethereum network, with a total supply capped at 200 million coins, and 100 million BNBs offered in the ICO. However, the ERC-20 BNB coins were swapped with BEP2 BNB on a 1:1 ratio in April 2019 with the launch of the Binance Chain mainnet, and are now no longer hosted on Ethereum.
BNB can be used as a payment method, a utility token to pay for fees on the Binance exchange and for participation in token sales on the Binance launchpad. BNB also powers the Binance DEX (decentralized exchange).
You cannot mine BNB as you would a proof-of-work cryptocurrency, since the Binance Blockchain uses the Byzantine Fault Tolerance (BFT) consensus mechanism. Instead, there are validators that earn from securing the network by validating block
Before BNB migrated to Binance Chain, Binance performed coin burns on the Ethereum network using a smart contract burn function. The amount of coins that Binance burns is based on the number of trades of the exchange over three months. Since the Binance Chain launch, BNB coin burns no longer take place on the Ethereum network and now use a specific command on Binance Chain, as opposed to a smart contract
the live Binance Coin price today is $244.82 USD with a 24-hour trading volume of $5,214,310,297 USD. Binance Coin is down 9.64% in the last 24 hours. The current CoinMarketCap ranking is #3, with a live market cap of $37,833,042,747 USD. It has a circulating supply of 154,532,785 BNB coins and a max. supply of 170,532,785 BNB coins.
Technical:
there are total of 3 TPs which the second Target is like a triger for the 3TP
ALTS MARKET CAP ANALYSIS Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart total market cap makes this descending channel pattern and Breakout the upper residence but for confirmation, we need to close the daily candle upside to the upper resistance of the channel.
so let's wait and see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
TOTAL 1D UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart TOAL is trending around this channel and from the same downer support line now we are expecting a bounce from the support level
let's see how the daily candle closes.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
BTC.D Inverted Cup and Handle Clear continuation pattern to the downside - i dont know how far yet, but im going to enjoy the Bull run from ALTS this mid year!!
Alts will again have a crazy run while BTC consolidates a little before its run to 400k in 2 years.
would love to chat but time is money :)
safe trading all
Another ALTSEASON after this correction? Trading kept Simple.Please Like or Follow if you enjoyed this content.
UPDATE: Total3 (Cryptomarketcap minus BTC and ETH martketcap) dips into support. Altcoin marketcap is moving in a range. So it's not man over board. Fear is high. Marketcap can dip to 700B, and we are still in the same range. Either it goes sideways here or one more dip. And we are gonna see another Altseason. Question is are we gonna see a mini Altseason or a MONSTER ALTSEASON?
RSI is now about the same level as the May bottom. One more leg down to scare people out, so the whales can pump one more time? The price is currently on the negative side of the Ichimoku . But that's not something we haven't seen before.
My 'Supertrend Ninja' indicator gave only 3 bullish signals for ALTSEASONS in 2021. Making each signal very reliable. I am patiently waiting for the first bullish ALTSEASON signal in 2022. "The Crypto market is a device to transfer money from the impatient to the patient.”
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "Heikin Ashi Trailing Stoploss Activation", the indicator(in my scripts) with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Supports and Resistances are highlighted as grey blocks. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja indicator", which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
NANO (Nano) Coin Analysis 03/05/2021Fundamentals:
Billed as "digital money for the modern world," Nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies.
Development of the project began in 2014 under the name RaiBlocks, and the coin (then termed XRB) launched the following year through a public faucet, which allowed users to claim small amounts of XRB after completing a captcha challenge. Users were allowed to complete as many captchas as they liked to increase their words — effectively trading their time and effort for XRB.
RaiBlocks (XRB) was rebranded to Nano (NANO) in January 2018, with the new name chosen to better represent the speed and simplicity the project offers to users.
It is a peer-to-peer platform that uses a unique block-lattice data structure to allow users to easily transfer value to one another without relying on centralized intermediaries.
Unlike other platforms which typically use the combined proof-of-work of a massive mining network to achieve consensus, Nano instead uses a system known as Open Representative Voting (ORV) — which sees account holders vote for their chosen representative, who then work to confirm blocks of transactions securely.
ORV makes Nano extremely energy efficient, positioning it as a more environmentally friendly alternative to proof-of-work (POW)-based cryptocurrencies.
As we previously touched on, Nano is designed to be fast. So fast, in fact, that most Nano transactions reach absolute finality within less than a second — compared to several minutes or even longer for many other major cryptocurrencies.
This speed makes Nano suitable for commercial payments, since merchants and retailers no longer need to worry about transaction delays when accepting payments.
Moreover, Nano transactions are completely free. Since representatives do not receive financial compensation for their efforts to secure the network, there is no need for a transaction fee. This makes Nano an ideal solution for processing micro-transactions, since users no longer need to worry about fronting a potentially expensive transaction fee when making small payments.
These features are enabled by its unique architecture. Unlike many cryptocurrencies which are built on top of a distributed ledger known as a blockchain, Nano is instead built around a similar ledger technology called a directed acyclic graph (DAG).
This structure is highly reliable and allows Nano to process as many as 1,000 transactions per second (tps) — without requiring an energy-intensive mining network to maintain its integrity, positioning Nano as an eco-friendly digital payment option.
Nano is secured by a network of representatives, each of which is voted into position by NANO holders.
These representatives are responsible for casting their votes when the network needs to achieve consensus, and their voting power is the sum total of the voting weight delegated to them by NANO holders. These vote on the validity of transactions on the Nano network, ensuring only valid transactions are confirmed.
This process protects the network against a type of attack known as a double spend—which occurs when an attacker is able to manipulate the network to effectively spend the same funds twice.
In addition, the Nano network features a wide variety of additional defenses against various possible attack vectors
Nano was founded by Colin LeMahieu, a heavily experienced software developer and engineer with a wealth of experience working for prominent tech companies, including Dell, AMD and Qualcomm.
Self-described as an inventor, LeMahieu has interests that range from space technology to physics and environmental sustainability, and is a well-known name in the digital currency space. He began working full time on Nano in 2017 and remains the CEO of the Nano Foundation — an organization created to drive the development and adoption of the Nano — to this day.
Colin LeMahieu also pushed the vast majority of commits to Nano’s GitHub repo.
Beyond LeMahieu, the Nano Foundation has over a dozen other employees, including George Coxon, a graduate in Evolutionary Anthropology and experienced account executive, and the current COO of the foundation.
Like the vast majority of cryptocurrencies, Nano has a fixed maximum number of tokens that will ever enter existence, this number is set at exactly 133,248,290 NANO.
The original maximum supply was set much higher than this, but any remaining NANO tokens above the current 133 million limit were permanently burned. In total, around 39% of the original genesis supply was distributed.
Nano is unusual in the fact that its entire supply is already in circulation, this means it is fully diluted.
Because it is fully diluted, Nano is also highly decentralized, and well distributed, with the vast majority of Nano accounts holding less than 100 NANO. As of December 2020, around 20% of all Nano in circulation (~26 million) is held in one of the cold wallets associated with the Binance cryptocurrency exchange.
A total of 5% of the circulating supply was held back for the continued development of the project, this was allocated to a so-called “developer fund.”
The live Nano price today is $10.49 USD with a 24-hour trading volume of $237,230,830 USD. Nano is down 6.70% in the last 24 hours. The current CoinMarketCap ranking is #84, with a live market cap of $1,397,776,939 USD. It has a circulating supply of 133,248,297 NANO coins and a max. supply of 133,248,298 NANO coins.
Technical Analysis:
The Coin has done its Initialization and Accumulation followed by some Bullish cycles and Reaccumulation phases, Currently the Price is in an Impulsive cycle to the higher levels.
Few support levels are defined Price Action which are having confluences by Fibonacci Retracement Levels of Price from its ATH.
There are total of 3 Targets defend by the Fibonacci Projection of the initial Move UP.
NEM (XEMUSDT) is ready for buy 18/02/2021we can long this now
it might be ranged for a while but the 1 TP is easy to active .
if 2TP triggered you can be sure about the 3 TP too...
we had this analyzed earlier and it can be seen in the linked ideas