Get started

Moon

Not giving up faithThis is pretty much the last straw before the most grim of scenarios (37k, 25k, or purely bear market) I know I've been overly bullish on the way up... that's because everything backtested so perfectly. My apologies for being wrong, and I can't say it won't happen again (but neither can anyone else..?) The gold fib lines are my macro reference lines for every cycle since 2013 (2 points of contention). We're sitting in the middle of those gold fib lines which is the 1.414 same as 2017. I was able to dissect from the bottom gold fib (1.272) all the way up to the ATH which hits well on the fibs. Using the same fib structure for 2021, this would be a nice roadmap for a 2017 playout (watch around 100k if we go parabolic). Seeing as how oversold the market is, we could see some short covering for a nice rebound (watch 60k carefully). Fundamentals point to the bearish side yet such as interest rate hikes for 2022; however, omicron is lurking for the US yet, which would postpone those hikes likely. Until we break 25k or 200k, I'm bullish AF. See related ideas as to why 250k is my TP.
INDEX:BTCUSDLong
by Ungovernable
2
HARMONIC ON HARMONY, FIRST TRADEAfter a pretty brutal drop, harmony reacted at its pattern completion zone of a bullish harmonic at a 78.6% retrace. It is now following the general crypto market and retracing from its impulse high, I am looking to enter a long in the green area between the .618 and .786 retracement zone should it reach it. I will monitor the PA in the coming days and enter a long either in the box or before if it looks viable. Targets for the long will be posted once long is taken. All my longs are 20x with liquidations close to 0 and most times no stop loss as I watch the charts, manage your risk accordingly.
Long
by SynergyTradingSetups
3
BTC sectors, patterns and an exceptional indicatorStarting this update with the sector update. On the daily chart we are in a sector that has a high of $49307 and a low of around $45613, the negative point here is that we are closed below the 200 MA. Now that doesnt spell bear right away but it's certainly not bullish aswell. The 4 hour chart There are two main formations we can establish on the 4 hour chart: 1. Triangle We are really pushing this formation to the limit. Usually we leave this type of formation at around 70-80% of their length but this time we are pushing for the end of the formation. In such cases the price can leave the formation in a sideways manner and by doing so would extend the uncertainty period and would make us look for other smaller formations that would be more pertinent. RESULT: NEUTRAL 2. Descending channel Pretty much self explanatory, the price action is inside this formation, protected by two fib levels at $45600 and $44500. RESULT : BEARISH Now for the exceptional part of this analysis. When there are so many conflictual indicators technical and fundamental we are pushed to thinking outside the box , not to trade but to try to understand where the market is going. MOON PHASES Used in trading for a long time as a bonus indicator, the phases of the moon have been known to affect traders minds differently during the full moon and new moon. This metric is part of some complex bank algorithms so its not only theoretical. The lunar buy-sell strategy is based on buying on the new moon and selling on the next full moon (usually in 14 to 16 days) More info on lunar cycles trading and results will be posted in a future video on the sublime traders youtube channel.
by SublimeTraders
VERY SIMPLE STUFF HEREWhy overcomplicate? This has been coiling for over 4 years, lawsuit is bullshit, metrics like acc wallets, issuance, volume incentives going down, growing more decentralized everyday AND used at enterprise level... Also airdrop-era is upon us, 2022 I think we will see more airdrops than we ever have (EX. SPARK, SGB, SOLO, EXFI, etc) this inevitably creates more buying pressure on an already massively oversold asset. We will see how this plays out over Q1 & Q2
BITSTAMP:XRPUSDLong
by georgegrigoryan
4
TrendTracers Weekly Market Analysis #15TL:DR review last analysis After the crash from last week we decided to stay fairly neutral in the market. We took some trades on a few Alt’s but nothing too fancy. Crypto hasn’t made any significant moves last week so staying neutral was the right call here in our opinion. Conclusion The market remains bearish, there is no indication that we are forming a bottom here. For the intra-week trades we will look for shorts at around 52k for BTC. At the same time shorts will probably be viable on Altcoins as well. BTC Bitcoin is exactly in the same spot where it closed last week. We are still waiting on a potential move up to 52k for shorts otherwise 43k. BTC.D Bitcoin was gaining strength against the altcoins this week after it touched 40% dominance on BTC.D. This might be a dead cat bounce meaning a potential alt season or a hold of support resulting in a further correction on the market. ETH Ethereum showing some weakness on the weekly chart, unlike last week. a close below 3970 today is considered a bearish sign. However if price does move up and we see a close above 4300 then new ATH’s are expected. ETHBTC is still above the breakout point of the bull pennant. This week’s selloff can be considered a healthy pullback. However a close below 0.076449 is likely to be a swing failure pattern. TOTAL Last week’s close on TOTAL 1, 2 and 3 indicated an exit signal. This week the market cap tested our baseline and got rejected. We cannot assume anything bullish from this, we have to consider that a further correction to the down side is starting to become more likely.
Short
by dab1rd
2
GALA broke a descending resistance on daily (Could rally ~70%) Just a really quick look at an alt that performed well this year, it's showing signs of another move to the upside (if Bitcoin holds where it's at). Gala recently broke a descending res. that has been holding it down & is sitting under the daily pivot point. Watch for a successful breakout of the pivot point for confirmation of an imminent rally and possible ~70% move as it moves to find new resistance above. Keep an Eye on Bitcoin however as Bitcoin could ruin the party. BINANCE:GALAUSDT COINBASE:GALAUSD CRYPTOCAP:GALA
Long
by RandomOracle
4