Vantage Technical Analysis

2021-08-03 11:48:44 #ANC (Request)

After such constant drops, the minimum criteria that I want to see before buying is either a relatively lengthy enough consolidation range or a clear Higher High and Higher Low.
Trend lines rarely provide reliable opportunities in this case.

https://www.tradingview.com/x/icXOULAo/ Open / Comment

2021-08-03 11:35:20 #LUNA (Request)

In contrast to few low cap altcoins shared recently, this one is too high.
absolutely not a buy with the resistance ahead. But you can hold if you already have it.
Most likely it will be rejected from the resistance. Then if it drops till about 5.75, it will be good to accumulate some.

https://www.tradingview.com/x/7qXTBYe9/ Open / Comment

2021-08-02 12:15:38 #SOL (Request)

Just like most of other major altcoins, SOL has also broken out of the triangle.
A resistance just above current price and the fact that it is lacking a bit relative strength (relative to it's own prior PA) compared to ETH and BTC which have higher relative strength. This makes me have second thoughts about whether the last pump has started a new pattern or it's just a correction for the previous dump.
Both buy or sell might make sense depending on what factor you consider as your priority. But I think the best entry strategy at this point would be a Stop Buy like the previous idea.

SOLUSDT BUY
Entry: 38.10 (STOP ORDER)
TP(s):
46.96 (1.8:1)
58.36 (4.1:1)
SL(s): 33.16
Risk: Medium

https://www.tradingview.com/x/ZNgxudAB/ Open / Comment

2021-08-02 10:19:22 #QTUM (Request)

Looks good, but not good enough to buy in a resistance zone.
One obvious buy will be when it test the lower demand zone (4.3-5.4) again, and the other one which might work well is a Stop Buy strategy.

QTUMUSDT BUY
Entry: 8.5 (STOP ORDER)
TP(s):
11.06 (1.8:1)
17.42 (6.2:1)
27.39 (13:1)
SL(s): 7.06
Risk: Medium

https://www.tradingview.com/x/FYzR7XCB/ Open / Comment

2021-08-02 09:33:32 #LINA (Request)

Its chart looks a lot like TLM (shared yesterday). The difference is LINA has not broken above previous high.
To buy, you can wait for breakout of 0.0445 level,
OR trade the setup suggested below,
OR make the entry range narrower (even buy some at market price) and use 0.0290 as your SL. You can increase the size for the last choice compared to 2nd one since its SL will be about 10% closer.

LINAUSDT BUY
Entry: 0.0318 - 0.0372
TP(s):
0.0700 (3.35:1)
0.1212 (8.2:1)
SL(s): 0.0236
Risk: High

https://www.tradingview.com/x/Fl4gA5dJ/ Open / Comment

2021-08-01 22:50:30 #ICP (Request)

The great Internet Computer, after an steady decline until mid Jun, showed some signs of strength which do not look strong enough to me. However anyone may extract some bullish information from the chart, but you have to remember there is always an other side for the market.
On one hand you can consider this loss of momentum in decline as a bullish fact and consider the range as an accumulation area, on the other and it can be considered as a correction for the decline and a continuation pattern like a triangle or pennant which might be forming.
Not to mention about the founders who are dumping their huge bags like exit scams, which makes the Fundamental background of the project a bit dark.
So I choose waiting. A break of Range High/Low can be a good sign of continuation.

https://www.tradingview.com/x/ixuD3zM7/ Open / Comment

2021-08-01 22:12:13 #CRV (Request)

On Daily TF you can see that it is trading above previous local high and it has broken out of the triangle, however not with strong candles.
But on the other hand it has been almost rejected from a weekly resistance (Green and Red boxes show weekly candle bodies)
So I prefer not to take any position on CRV.
If you already have a long position you may hold it.

https://www.tradingview.com/x/fjWjj3Ns/ Open / Comment

2021-08-01 21:50:21 #TLM (Request)

TBH, I have no idea what this coin is. Unfortunately I don't have the time to go for Fundamental aspect either so I'm just considering it a high risk trade for safety. If you know about it you can comment.
Despite whatever the FA is saying, the chart looks bullish.
Simply because it had the classic HL and HH and that it is trading above a strong S/R zone.

TLMUSDT BUY
Entry: 0.1950 - Market (2892)
TP(s):
0.70 (4:1)
SL(s): 1280
Risk: High

https://www.tradingview.com/x/PbgeGMIm/ Open / Comment

2021-07-31 09:07:37 #BTC However on higher TFs (weekly and above) BTC looks more bearish than bullish, but Yearly Open held it well at first retest. I'm gonna try a bit long here in the Trading Range. BTCUSD BUY Entry: 30100 - 32300 TP(s): 35250 (1.5:1) 40500 (3.5:1)… Open / Comment

2021-07-20 13:15:16 CryptoQuant (@cryptoquant_alert) is reporting large amounts of Bitcoin flows from miners to exchanges.
Sell pressure may increase in upcoming hours. Open / Comment