$BTC Bitcoin's dominance increased by 13% in 144 days, and it took only 21 days to lose those gains. Altcoin season can happen a lot quicker than you think. Don't screw it up
$PEPE- One more move down in demand, then only up? With the upcoming $ETH ETF launch, this could be a beta play for a swing trade. A break of the current trendline will be required
$ONDO - Power of 3 pattern repeating? When trading altcoins, identifying the characteristics of altcoins can give you an edge in the market. Added confluence with price bouncing off the 4h 100EMA. Looking for the expansion once old support is reclaimed
$ONDO
After filling in the gap below, the price has remained relatively stable compared to the rest of the market. It looks primed for a breakout with a Fib extension target of $1.24. When looking for coins that will perform best in the future, look for the coins that showed the most strength in a choppy market
$PEPE - Inverse head and shoulders with a measured target. This pattern has been replicated on a few altcoin charts. Pepe is the first mover. Let's see if this is a fake-out or is price going to make another ATH
$LINK -Price remains rangebound until the price can reclaim $17 as support. We either get an easy long to yearly highs or another rotation to support. This S/R is very important for the short-term trend of the price
$SOL Price action looks primed to take out the equal highs as long as BTC remains stable. The middle line of the Pitchfork lines up perfectly with the imbalance from April, big importance on how the price reacts when it tests this area. If it's reclaimed, there's a strong possibility of seeing new yearly highs.
"Equal highs taken!- A bigger test will occur once the price tests the midline of the Pitchfork." - Equal highs taken - Bigger test once price tests the midline of the Pitchfork.
$SEI This chart resembles many other altcoin charts, with a 50% drawdown from the March highs and a break below its range. In order for these types of altcoin charts to return to previous highs, a reclaim and change of market structure is necessary. This will confirm the past month's price action as a deviation.