Last Bull market chart review I've highlighted 13% level as crucial support for alts to reverse and be able to do another wave up. And good for all it bounced 👍 I think from this point we may expect some growth towards 24-27% as predicted before 🧐

@CryptoTrades #BullMarket

Bull market chart show alts are on support now

@CryptoTrades #BullMarket

I am still very cautious with market now. Its very unpredictable. As you see at above BTC dominance chart there is a chance for dominance to pull back which will result in alts bounce. Nothing really show which way it will go, but the lower is "Alts Bull Market" chart the higher are odds that alts will pump from these levels.

This is just a reminder that selling your heavy bags now most probably will result in selling the bottom. Within one month everything will bounce. Even if it will be the last bullish wave of alts for 2021/2022 year its worth waiting for.

I'll post some charts today for alts that show good potential in case market turn short term bullish and will also write trigger conditions for them. Take them as recommendation to keep an eye on - not enter immediately.

@CryptoTrades #BullMarket

In BTC review I give % for Binance Alts-BTC market but here is the one for all exchanges and it shows alts have reached certain resistance level on that index chart. Be careful. Taking positions in the last days of year is even worse than taking them in the end of month or week. Just like playing in Russian Roulette 😎

@CryptoTrades #BullMarket

Bull Market moved from 2% to 3%. Since 2020 it was at 1% twice. In other cases bounced from 2%. Keep that in mind.

@CryptoTrades #BullMarket

Last time I posted Bull Market chart (January 28th) it was at 2% and I wrote that most probably it is the bottom as going down to 1% happened only twice in 2020 and never after.

Right now at 9% - since last post many alts pumped (I'm not even saying about USDT prices which pumped together with BTC very high). And this is still very low value. If BTC dominance pump Bull Market index will pull back, but I expect it to bounce and grow higher on the next swing. So stay calm and accumulate longs on the next dip.

@CryptoTrades #BullMarket

I hope my alarm helped you to exit alts in profit at the very top of short term bull cycle 👌🏼

📌 Pin channel to the top and turn alarms on if you want to be at the edge of all market moves 😎

@CryptoTrades #BullMarket

Alts Index retraced all the way back to 6% - this may be bottom, although there is always a chance to see them lower. If BTC continue dumping Alts index will drop lower for sure. When it comes to days like this when everything is red and printing new lows I tend to remind myself that these days might give the best opportunities. Just remember that in order to trade safe first you need to see reversal confirmation.

@CryptoTrades #Bullmarket

General recommendation to everyone. Be careful with longs at these levels. You can see Bull Market Dominance chart been growing for 10 days in a row without corrections. Sure it can grow higher, but the higher it grows the worse risk reward ratio becomes.

Its time to mark out good bullish charts and switch to patience game - waiting for the dips.

@CryptoTrades #BullMarket

Bull Market Dominance chart started the reversal after forming double top at 69%. Or at least show first signs.

P.S. I remind that link to that chart as well as value for the day is given in every Daily Bitcoin Review 👍

@CryptoTrades #BullMarket

As expected Bull Market dropped down since last message. In reality most of the coins I monitor did well over that period. Not dumps. And I saw many shitcoins pumping recently (I don't post here breakout/pump calls as when they pump manipulators sell them already so don't want to FOMO anyone into these charts).

Keep an eye on these alts: GLM, VET, WAXP, SAND, WAVES, CHZ, LRC, XTZ, AVAX, ATOM, CAKE. They have more potential for short/mid term bullishness comparing to others.

@CryptoTrades #BullMarket

Bull Market Dominance chart starting another pullback move. If you still hold longs it make sense to reduce exposure and wait for a bounce. Last time I warned you on June 29th - after that it dropped from 69% to 28%. Today's value is 62%.

P.S. I remind that link to that chart as well as value for the day is given in every Daily Bitcoin Review 👍

@CryptoTrades #BullMarket

Last time I've warned about alts was August 9th when Bull Market index was at 62%. Today its at 25%. Soon might see a bounce, but I'd wait for deeper correction before that.

Reminder that this index is for prices against BTC (obviously USDT prices grow when BTC/ETH grows and go down with them together). So we are watching general situation about alts own trends, not USDT trends which mostly depends on BTC.

P.S. I remind that link to that chart as well as value for the day is given in every Daily Bitcoin Review 👍

@CryptoTrades #BullMarket

So I managed to spot the top of the move. Now Bull Market index is back to 11% and holds that value for 2 days in a row. That tells me that alts might be close to local bottom and soon we will see a bounce. Good to start accumulating those you like.

P.S. I remind that link to that chart as well as value for the day is given in every Daily Bitcoin Review 👍

@CryptoTrades #BullMarket

A little hint for alts trading vs BTC

Alts bull market which I post in every BTC review is one of instruments that can be used to define if current level is appropriate for alts trading against BTC or not. It isn't a usual chart, but when you see index pump high its the moment to take profits. And when it dumps low its time to start accumulation. Note that while index crawls the bottom alts can keep on dumping. So chart itself doesn't provide precise spot for entry any specific alt. Its just a hint that can be used in addition to TA and FA.

P.S. I've posted warning to this channel for the last two reversals on June 29th and August 9th 👍 Hopefully saved someone's asses 😉

@CryptoTrades #BullMarket

It seems to be a good period to accumulate alts for another swing up.

@CryptoTrades #BullMarket

📊 Coins to #Accumulate and #HODL throughout 2024-25 #BullMarket 📊

#Accumulation list #1 #DYDX

PAIR - DYDX/USDT

Time Frame - Weekly

Accumulation Region - 2.00 ~ 2.50 (Current Price)

Short Term Targets - 2.80/ 3/ 3.50$

HODL Targets - 5/ 7/ 9/ 18$

Invalidation on Daily close below 1.80$

PS :- Buy in the Buy zone. Only spot entries are recommended as these are long term Buy Setups

@CryptoTrades

📊 Coins to #Accumulate and #HODL throughout 2024-25 #BullMarket 📊

#Accumulation list #3 #MASK

PAIR - MASK/USDT

Time Frame - 3 DAY

Accumulation Region - 2.50 ~ 3.20 (Limit Orders in this Zone per your Risk Management)

Short Term Targets - 3.50/ 3.80/ 4.50$

HODL Targets - 6$/10$/ 20$

Invalidation on Daily close below 2$

PS :- Buy in the Buy zone. Only spot entries are recommended as these are long term Buy Setups

@CryptoTrades

📊 Coins to #Accumulate and #HODL throughout 2024-25 #BullMarket 📊

#Accumulation list #4 #Loopring

PAIR - LRC/USDT

Time Frame - 3 DAY

Accumulation Region - 0.18 ~ 0.234 (Current Price)

Short Term Targets - 0.26/ 0.30/ 0.36

HODL Targets - 0.50/ 1$/ 1.80$/ 3$

Invalidation below 0.15$

PS :- Only spot entries are recommended as these are long term Buy Setups

@CryptoTrades

📊 Coins to #Accumulate and #HODL throughout 2024-25 #BullMarket 📊

#Accumulation list #5 #SafePal

PAIR - SFP/USDT

Time Frame - Weekly

Accumulation Region - 0.60 ~ 0.70 (Current Price)

Short Term Targets - 0.80/ 0.92/ 1.10

HODL Targets - 1.50/ 2.50/ 4$

Invalidation below 0.55$

PS :- Only spot entries are recommended as this is long term Buy Setup

@CryptoTrades