📊 Altcoins Chart Analysis 📚

#AltcoinSummer #1

Coin - Atom (Atom/Usdt)

Time Frame - 4 Hour

Bias - Neutral ~ Bullish

https://www.tradingview.com/x/Q8ZHKjUd

With Altcoin Season on the horizon, we should be prepared to deal with any kind of price action that's coming forward in most of the potential Altcoins. I'll be sharing my list here in public Channel with numbering tags

Atom is being nicely making Bullish consolidation within systematic triangle since those Lows on 10th March. Here we have two Scenarios here. Either we take a fall towards lower end of triangle and then resume Bull Trend explained with red drawing (More likely) or we make breakout of this traingle here itself explained with Green drawing. Manage your Trades accordingly.

Targets - 13.7/ 14.5/ 16/ 18/ 25$

Invalidation would be any 4 Hour candle close Below 11$

@CryptoTrades

📊 #AltcoinSummer #2 📚

Coin - Ren (Ren/Usdt)

Time Frame - Daily

Bias - Bullish

https://www.tradingview.com/x/BF0pdXKY

Ren had good volume in this running H4 candle. Making beautiful price action is daily time frame. Already had 4 tries to break Value Area High , will likely break it on 5th test. Manage risk per buy setup on chart.

Targets - 0.124/ 0.135/ 0.15/ 0.18/ 0.25$

Invalidation would be any 4 Hour candle close Below 0.09$

@CryptoTrades

📊 #AltcoinSummer #3 📚

Coin - Liquity (Lqty/Usdt)

Time Frame - 4 Hour

Bias - Bullish

https://www.tradingview.com/x/vknxx3Ga

Newly listed coins are usually Trend setters in market. Lqty has managed to break descending trendline that originated from its ATH on 14th March and made perfect retest. Once is break VAH around 2.50, It will likely tap ATH or even go further higher. Good to add it in your portfolio.

Accumulation Zone - 2$ ~ 2.39$ (Current Price)

Targets - 2.58/ 2.80/ 3.10/ 3.60/ 5$

Invalidation would be any 4 Hour candle close Below 1.95$

@CryptoTrades

Bitcoin Dominance Analysis

Time Frame - Daily (HTF)

https://www.tradingview.com/x/97MCU8re

Tagging this Btc dominance update from March 20th as it is following same Trajectory as drawn almost a month ago. It hit Major resistance at 49%, Btc reached 30-32k, now it's cooling off and btc falling towards 28-29k region while Altcoins pumping nicely. We don't post too many setups and don't shift bias every now & then but whatever we post, it's all Quality and Proficiency.

Dominance has been falling for 7th consecutive day, but by no means, you guys should form an opinion that Btc dominance is done and it's alt season for good. Expect it to find support between 45.80% - 46.80% and that's where I believe Btc will resume it's uptrend & outperform majority of Altcoins. Only Trendy and fundamentally strong Altcoins might surpass Btc Price action. I'll try to share only such Altcoins as #AltcoinSummer posts

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@CryptoTrades

📊 #AltcoinSummer #4 📚

Coin - RDNT (RDNT/USDT)

Time Frame - 4 Hour

Bias - Bullish

https://www.tradingview.com/x/SMOZ12uH

Was looking for a coin that might deliver gains like ID and ARB next based on Price action, hype and fundamentals. RDNT is textbook All Time High Setup going for price Discovery after SR break of 0.42$. As long as it stays above 0.42, high chances, a 30-50% pump is on the horizon.

Split two equal entries between 0.42 ~ 0.475$ (Current Price)

Short Term Targets - 0.51/ 0.55

Mid Term Targets - 0.60/ 0.75/ 1$

Stoploss - Any 4 Hour candle close Below 0.41$

@CryptoTrades