I think this is a prime buying opportunity in the long term in #Bitcoin here, in case you were in cash here, or hedged. I am long already, after hedging part of the last decline as per my previous publication. See the Dominance chart in related ideas for more thoughts regarding altcoins here. I think a combination of institutional buying and rotation from altcoins...
I think we have substantial risk that we are about to face the largest correction $Bitcoin has seen since the bottom in March 2020. Biden's proposal to hike taxes has roiled markets globally, and specially risk on assets naturally. Commodities are already rallying big and we know inflation is around the corner. I wouldn't be shocked if we saw the top for good, but...
Everyone continues to be bearish and fearful among the crypto folk, which is highly interesting. In this market, only the lowest of IQs and the highest will make money, as strange as it sounds, since it's a strong trend. Normal folks who suffer from post 2018 to 2020 bear market PTSD are reluctant to hold and take risks this time around, right when taking risks is...
It seems we have a trend here, I'm thinking we see a big rotation out of #BNB ecosystem and into #ETH based DeFi. Bitcoin Dominance chart suggests we have alt season until the end of May, and it fits this chart nicely. Let's see how this goes. Personally, I'm exposed via low risk margin positions against #Bitcoin collateral myself, but it is potentially valid to...
I suspect money is rotating back into #ETH and DeFi coins, moving out of the Binance ecosystem due to the drop in gas prices caused by flashbots preventing front running bots to cause a feedback loop of increasing transaction fees, which was a problem that had sent gas prices sky high. This had contributed to the rise of BSC and sent BNB sky high (paired with...
I think $SUSHIBTC and $SUSHIUSD or $SUSHIPERP are trending nicely here and stand to benefit from the recent ATH break in $BTCUSD. Price discovery at play, there is a nice trend in the 3-Day timeframe here, so we can expect significant upside by April 9th or sooner as per the chart here. I'm long from a tad lower, but figured I should publish this idea here so...
I'll just leave this here, I leave the specifics to you, but I believe the selloff in Gold is over and it is about to resume the yearly timeframe uptrend. My clients and me are long already, and looking to capitalize on this run since it is likely to outperform stocks together with most commodities going forward. Cheers, Ivan Labrie.
I've been considering this possibility, given the still active quarterly and yearly trend signals in #SPX500 here. You can see that both trends predict rising prices until the end of 2021, or even until Q3 2022. So far, seems like most people have been constantly trying to call tops since the COVID lows, and failing miserably at it. I've had my doubts, but now...
I think we have a clear signal here, the market is sideways dealing with break even sellers from the 2017 top, as well as CME short sellers trying to keep it DEAD below their original attempt to destroy $Bitcoin for good. Unfortunately for them, the world doesn't quite agree with their initial thesis and they might end up squeezed here. Most traders have been...
I think we have a nice setup to buy the dip in Soybean futures or using $SOYB. It's a rather big contract, so keep that in mind if trading futures. There's a long term trend signal active, for many more months still, so any dip is a buy if you're patient enough. I highlight a trend that reached its peak in the daily timeframe here, so, a retracement entry is...
I'm publishing this one, since it's a huge reward to risk trade here. I like the setup and it's worth holding a small position in this, or building one slowly during the next 2 months. Upside is significant, see the white box for reference. Invalidation would be if we get a 50% drop or so from here, so you can't really risk too big on this idea. It's a long shot...
We start to see bullish signals in altcoins now, lagging $BTCUSD's advance, which confirmed a long term trend during July/August. Upside here is very good, and reward to risk is like 22 to 1. That said, I much prefer $Bitcoin exposure personally, given the fundamentals of $LTC being inferior in my opinion. That said, altcoins can have sharp moves, where they...
I think it can trend up from here, should be a decent long position with limited risk, upside targets are on chart. Best of luck, Ivan Labrie.
It might trigger a bullish signal from this zone, I don't know if it will be viable to trade it, to expect a profit in $BTC terms, but it will likely be tradeable using USD, or margin positions at FTX with BTC collateral, as long as risk is under control. Upside suggests it can rise over 2k usd over time as per the green box and white arrow. Cheers, Ivan...
Long term Binance is likely to thrive and their exchange token is quite likely to hit the red box top zone in my chart here. This is a huge long term advance, and considering the token's advantages if using the exchange, it is quite probable to be reached by Jan/Feb 2022. Best of luck if trading it. Cheers, Ivan Labrie.
$ADA is in an active uptrend here, as many alts are. Upside is significant, but do your due diligence on whether to buy this particular coin over another. Perhaps a market cap weighted basket approach is better for alts, as long as the resulting index has a bullish trend...Just an idea here, whatever you do, make sure you understand what your max loss is if the...
$XMR suggests it can rally to really lofty levels by March 2022, privacy coins might get a nice boost now, apparently, judging by the $PRIV contract at FTX. Personally, I don't love the reward to risk in these trades, so I'm not in but if you're invested you can get a decent idea of what to expect going forward. Cheers, Ivan Labrie.
Another long shot trade but if $XRP can make it...this one might as well. I'm not entirely convinced of buying it but the technical signal is valid and supports a steady climb going forward. Invalidation is not far so you can risk very small amounts and aim to make a home run trade by 1st half of 2022. Cheers, Ivan Labrie.