📊 Altcoins Chart Analysis 📊
#PositionalSetup #1
PAIR - GALA/USDT
Time Frame - Daily
https://www.tradingview.com/x/hWf6JkeM
I've been getting number of requests regarding sharing coins from long term perspective. Well, GALA had a pretty beautiful Weekly candle close during October end. I am expecting Metaverse and Gaming coins to pick pace in next couple of days/weeks. A huge Double Bottom structure spanning over nine months with nice liquidity hunt to the downside, I feel like accumulation time for GALA is Likely over and any corrections from here should be Buy opportunities.
PS :- Buy it only if you're gonna hold it. Not a scalp of swing setup but a positional one.
Accumulation Region - 0.15 ~ 0.20 (Current Price)
Targets - 0.22/ 0.25/ 0.30/ 0.48/ 0.72$
Invalidation below 0.12$
@CryptoTrades
#PositionalSetup #1
PAIR - GALA/USDT
Time Frame - Daily
https://www.tradingview.com/x/hWf6JkeM
I've been getting number of requests regarding sharing coins from long term perspective. Well, GALA had a pretty beautiful Weekly candle close during October end. I am expecting Metaverse and Gaming coins to pick pace in next couple of days/weeks. A huge Double Bottom structure spanning over nine months with nice liquidity hunt to the downside, I feel like accumulation time for GALA is Likely over and any corrections from here should be Buy opportunities.
PS :- Buy it only if you're gonna hold it. Not a scalp of swing setup but a positional one.
Accumulation Region - 0.15 ~ 0.20 (Current Price)
Targets - 0.22/ 0.25/ 0.30/ 0.48/ 0.72$
Invalidation below 0.12$
@CryptoTrades
TradingView
TradingView Chart
📊 Altcoins Chart Analysis 📊
#PositionalSetup #2
PAIR - DYDX/USDT
Time Frame - 2 Day
https://www.tradingview.com/x/vV3wpTkW
I've had eyes on this chart since it started its Range accumulation. dYdX is a decentralized exchange (DEX) platform that offers perpetual trading options just like INJ protocol.
After that gradual drop from 26$ to 2$ during 2021-22, it finally found a long term demand zone and started its accumulation. It's been nicely accumulating since May 2022 (18 Months now), tested May 2022 Levels back in Feb 2023 and got rejected and came in zone. Now Price Action is looking Bullish AF and it has broken out of consolidation rectangle. If Bitcoin follows the plan I've marked, dydx would be a game changer.
PS :- Buy it only if you're gonna hold it. Not a scalp of swing setup but a positional one.
Accumulation Region - 2.50 ~ 2.97 (Current Price)
Short Term Targets - 3.20/ 3.50/3.80$
HODL Targets - 5$ / 7$/ 10$
Invalidation below 2.20$
@CryptoTrades
#PositionalSetup #2
PAIR - DYDX/USDT
Time Frame - 2 Day
https://www.tradingview.com/x/vV3wpTkW
I've had eyes on this chart since it started its Range accumulation. dYdX is a decentralized exchange (DEX) platform that offers perpetual trading options just like INJ protocol.
After that gradual drop from 26$ to 2$ during 2021-22, it finally found a long term demand zone and started its accumulation. It's been nicely accumulating since May 2022 (18 Months now), tested May 2022 Levels back in Feb 2023 and got rejected and came in zone. Now Price Action is looking Bullish AF and it has broken out of consolidation rectangle. If Bitcoin follows the plan I've marked, dydx would be a game changer.
PS :- Buy it only if you're gonna hold it. Not a scalp of swing setup but a positional one.
Accumulation Region - 2.50 ~ 2.97 (Current Price)
Short Term Targets - 3.20/ 3.50/3.80$
HODL Targets - 5$ / 7$/ 10$
Invalidation below 2.20$
@CryptoTrades
TradingView
TradingView Chart
📊 Altcoins Chart Analysis 📊
#PositionalSetup #3
PAIR - APE/USDT
Time Frame - Daily
After months and months of downtrend, finally for once Ape is starting to look good. Price action broke MA 100 after 8 months of breaking it down in March 2023 and we nicely retesting the same. Also , it's forming beautiful cup and handle pattern which I believe will eventually play out.
It's a good Fundamental coin which hasn't yet seen any substantial rise and there's tremendous risk reward ratio attached with this one.
PS :- Buy it only if you can hold it. If it goes down again in the accumulation zone, make sure you add it there instead of panic selling. Not a scalp/swing setup but a positional one.
Accumulation Region - 1.10 ~ 1.39 (Current Price)
Short Term Targets - 1.48/ 1.60/ 1.80
HODL Targets - 2.50/ 3.50/ 5$
Invalidation below 0.96$
@CryptoTrades
#PositionalSetup #3
PAIR - APE/USDT
Time Frame - Daily
After months and months of downtrend, finally for once Ape is starting to look good. Price action broke MA 100 after 8 months of breaking it down in March 2023 and we nicely retesting the same. Also , it's forming beautiful cup and handle pattern which I believe will eventually play out.
It's a good Fundamental coin which hasn't yet seen any substantial rise and there's tremendous risk reward ratio attached with this one.
PS :- Buy it only if you can hold it. If it goes down again in the accumulation zone, make sure you add it there instead of panic selling. Not a scalp/swing setup but a positional one.
Accumulation Region - 1.10 ~ 1.39 (Current Price)
Short Term Targets - 1.48/ 1.60/ 1.80
HODL Targets - 2.50/ 3.50/ 5$
Invalidation below 0.96$
@CryptoTrades
📊 Altcoins Chart Analysis 📊
#PositionalSetup #4
PAIR - TWT/USDT
Time Frame - Daily
While most of the coins stayed in downtrend till 2022 and started bullish signs from 2023, the story with TWT is completely opposite. It enjoyed its own bull run in 2021-22 while every coin was going South and later faced correction in 2023. Price action nicely held the trendline originating from coin listing date and had a great bounce from 0.70$ to 1.80$. Now nicely retraced back to shopping zone. It will continue pumping as long as 0.90$ holds
Most of the good Fundamental coins between 400-500 Mil Market Cap are reaching 1 Billion M Cap. I see it doing the same though I stick to my Analysis on Bitcoin.
PS :- Buy it only if you can hold it. If it goes down again in the accumulation zone, make sure you add it there instead of panic selling. Not a scalp/swing setup but a positional one.
Accumulation Region - 1.02 ~ 1.18 (Current Price)
Short Term Targets - 1.28/ 1.38/ 1.50
HODL Targets - 1.80 / 2.20/ 2.75$
Invalidation below 0.90$
@CryptoTrades
#PositionalSetup #4
PAIR - TWT/USDT
Time Frame - Daily
While most of the coins stayed in downtrend till 2022 and started bullish signs from 2023, the story with TWT is completely opposite. It enjoyed its own bull run in 2021-22 while every coin was going South and later faced correction in 2023. Price action nicely held the trendline originating from coin listing date and had a great bounce from 0.70$ to 1.80$. Now nicely retraced back to shopping zone. It will continue pumping as long as 0.90$ holds
Most of the good Fundamental coins between 400-500 Mil Market Cap are reaching 1 Billion M Cap. I see it doing the same though I stick to my Analysis on Bitcoin.
PS :- Buy it only if you can hold it. If it goes down again in the accumulation zone, make sure you add it there instead of panic selling. Not a scalp/swing setup but a positional one.
Accumulation Region - 1.02 ~ 1.18 (Current Price)
Short Term Targets - 1.28/ 1.38/ 1.50
HODL Targets - 1.80 / 2.20/ 2.75$
Invalidation below 0.90$
@CryptoTrades