altcoinseson
3,170 views
4 Discussing
Hot
Latest
To start an altcoin season in crypto, follow these steps:
1. Bitcoin dominance falls below 40% - Currently at 42.6%.
2. Altcoin market cap rises above $1.2 trillion - Currently at $1.1 trillion.
3. Ethereum price surges, pulling altcoins up.
4. Investor sentiment shifts from bearish to neutral/bullish.
5. Trading volumes increase across altcoin markets.
6. New altcoin listings and airdrops create hype.
7. Crypto influencers and media start talking about altcoins.
We're close, altcoin season is coming.
Are you ready?
#altcoinseson
1. Bitcoin dominance falls below 40% - Currently at 42.6%.
2. Altcoin market cap rises above $1.2 trillion - Currently at $1.1 trillion.
3. Ethereum price surges, pulling altcoins up.
4. Investor sentiment shifts from bearish to neutral/bullish.
5. Trading volumes increase across altcoin markets.
6. New altcoin listings and airdrops create hype.
7. Crypto influencers and media start talking about altcoins.
We're close, altcoin season is coming.
Are you ready?
#altcoinseson
See original
In-depth analysis of $SOL /USDT on the 4-hour timeframe:
1. Current price: $232.20, down 1.56% in the past 24 hours.
2. 24-hour high and low: $238.90 and $230.17, indicating that the price is trading within a narrow range.
3. Trend: The price is moving sideways with slight downward pressure, confirmed by rejection at the resistance level of $240.
4. Long-term trading strategy:
• Enter a position only if the price breaks above $240 with strong trading volume.
• Set a stop-loss order at $230.
• Profit target: $250 - $255.
5. Short-term trading strategy:
• Consider entering a position when the price breaks below $230.
• Set a stop-loss at $235.
• Profit target: $220 - $215.
6. Accumulation/Distribution Indicator: Moderate buying and selling activity, no clear trend yet.
7. Performance over the past 90 days: SOL has increased by 73.69%, therefore, it is likely that the price will move sideways to consolidate before a major move.
8. Risk management: Very necessary, due to high volatility and the current unclear trend.
9. Day trading: Monitor smaller timeframes to gain a clearer view of potential breakouts or breakdowns.
10. In summary: Be cautious, trade based on clearly confirmed levels to avoid risks from false signals.
#SolanaUSTD #Altcoinseson
1. Current price: $232.20, down 1.56% in the past 24 hours.
2. 24-hour high and low: $238.90 and $230.17, indicating that the price is trading within a narrow range.
3. Trend: The price is moving sideways with slight downward pressure, confirmed by rejection at the resistance level of $240.
4. Long-term trading strategy:
• Enter a position only if the price breaks above $240 with strong trading volume.
• Set a stop-loss order at $230.
• Profit target: $250 - $255.
5. Short-term trading strategy:
• Consider entering a position when the price breaks below $230.
• Set a stop-loss at $235.
• Profit target: $220 - $215.
6. Accumulation/Distribution Indicator: Moderate buying and selling activity, no clear trend yet.
7. Performance over the past 90 days: SOL has increased by 73.69%, therefore, it is likely that the price will move sideways to consolidate before a major move.
8. Risk management: Very necessary, due to high volatility and the current unclear trend.
9. Day trading: Monitor smaller timeframes to gain a clearer view of potential breakouts or breakdowns.
10. In summary: Be cautious, trade based on clearly confirmed levels to avoid risks from false signals.
#SolanaUSTD #Altcoinseson
Login to explore more contents