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Altsignals

GALA - Breakout!Gala recently broke out of the descending correction but not before there was a bout of manipulation. The first manipulation we got was the "breakout" where price spiked above the wedge and then closed within it, making it a false break out. Soon after price dropped heavily and went beyond what most would class a support level. We then got an actual breakout where the candle closed above the wedge. We had a nice structure and 61.8 bounce and moving on higher. Watch for lower timeframe corrections and target the highs of 0.1400.
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AKRO - All Time Highs Soon! There has been a lot of buzz around AKRO recently as the team behind AKRO have been working on big things! One of which is a platform called Vortex which is AKRO's take on basis trading. From a technical standpoint, we can see that AKRO has made a number of break and retests. The price action to look for would be another break and retest around the 0.038 level. If there's no break and retests, watch for a simple correction and enter. The daily timeframe looks really bullish. There's a very high chance that we can hit ATH or even higher!
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DOGECOIN - Return Of The Doge 🐕Its been a little while since we visited Dogecoin - there was a reason for it! Dogecoin has been at the forefront of crypto news and on the tip of Elon's tongue, which in turn brought about messy price action and manipulation (as can be seen in the chart). If we ignore the spike down and mark it as manipulation, we can see that we are in a steady uptrend. We appear to be in a bullflag and anticipating a breakout. Trade Idea: Watch for a breakout of the bull flag Enter with stops below the ascending trendline Targets: Target 1: Recent highs of 0.3300 Target 2: 0.4000 Target 3: 0.4400
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ChainLink - Check Out This Monster! 🤯ChainLink has been so clean and our signal team caught the perfect retest of the broken structure level indicated on the chart. 0 drawdown! This crypto has a long way to go! We can possibly go back up the the previous highs of 50! Our signal was: LINKUSDT Long Entry: 28.35 - 29.1 Targets: 33.612 - 38.612 - 46.983 - 52.345 Trade idea: Watch for a pullback on lower timeframe. If we go back to the channel support, enter with stops below the channel. Don't miss this trade!
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BITCOIN - How To Get To 100K 🔥Bitcoin is showing nothing but bullish momentum. Even the break of ascending trendline was corrective, indicating that Bitcoin is getting ready for a major move higher. We are currently in our second ABC correction of the 3 wave correction. Watch for price to react to one of the fibonacci levels and make its way down once more to the channel support region (Will update again once we're ready for buys). In the meantime we can look for shorts by looking for rejections at the fibonacci levels and then holding it down to 54-56K. If price breaks below 52K, the bullish outlook will be invalidated.
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Kishu - Another Shib??KISHU is a dog-based meme digital currency that uses the Kishu Inu dog breed as its charm; similar to how Dogecoin uses the Shiba Inu dog for its branding. ... KISHU aspires to exceed a meme or a joke and serve as an actual currency. Right now its only listed on the Okex exchange but if this gets enough traction to get on to Binance, we could see it soaring like Shib and Dogecoin! Even if you don't trade with leverage, buying a few million of this coin and holding it can maybe make you bank! Just have a look at Shib...
by Altsignals
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ETHEREUM - All Time Highs! What's Next? 👀In our last analysis we marked out the recent correction and anticpated Ethereum to hit all time highs, which it did! We could be seeing a brief corrective period whilst we accumulate more buyers before we go for another impulse higher. What to look out for: - Break of the current impulse trendline will indicate the start of the corrective period. - Corrective phase will likely be an ABC pattern back to the ascending trendline - Watching for a bounce off the trendline for the next impulse higher Please be mindful that we are still bullish, so any bearish movements should be seen as a correction rather than a reversal.
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ICP - Seriously Undervalued! 😲 ICP's all time highs were in excess of $600! Currently its sat below $50 which is ridiculous. Recently we saw price reject the 78.6 fibonacci and created a local double bottom. This is an indicator that price is bullish and we could see a push back up to the $88 by the end of 2021 which would give a return of over 80% in a matter of months! Once we pass the $48 level, look for the next ABC correction and enter on breakout with stops below the correction. First targets being the recent highs of $87.
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