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Reggiogeorge

EOS 🎯 Blast Off! But We Aren't Quite at the Moon Yet! 🚀Following this weeks theme of "PATIENCE PAYS", let's look at our old friend EOS now that's it's started it's movement. And yes I do believe this growth wave is just beginning realistically. There's still so much potential on this chart and many others - and we've already seen what ETH alternatives like the now venerated ETC can do: We could take a pit stop at any point to let new buyers hop in at a decent level, but there could still be more gas in the tank for this movement; i'd predict until the inevitable weekend correction. That said any correction should be considered a correction until we see a serious reversal or bottoming out of bitcoin dominance.
Long
by cryptosince1963
ETC 🎯 Don't Spend It All At Once Now! 🚀As anticipated, ETC is going absolutely supernova. I expect this same movement to be completely by much of the market in the coming weeks. Assuming crypto doesn't blip out of existence or something. Anticipating a retrace at this point around fib 2.72 though there's clearly some serious buy pressure. If we do get a retrace at 2.72 I would try to pick some up on the dip if you don't have a bag already as it seems we've only got more gas in the tank from here.
Long
by cryptosince1963
BTC 💎 A Bullish Argument For a 40k Retracement. ALTS GO 🚀🚀?!Looking at the current daily chart it looks like we could conceivably overwrite the previous bullish butterfly and get out a lovely bullish shark instead. This would need us to retrace to 40k, but the good news is if we retrace to 40k, our next likely stop is 72k. What does this mean for Alt Coins? Well we're in an interesting spot. If we check out BTC Dominance below we can see that it appears to be in a complete and utter free fall. The next "support" (take this term with a grain of salt as it's essentially an index chart) is 20% lower from the current dominance level. This is an insane amount of money considering the current market caps of most alt coins. And most interesting, if we go back to our total 2 chart, which is market cap minus BTC... Well it looks like we've already broken out of the downtrend: The last time this happened the market cap increase by 91% from the bottom point. Again an insane amount of money for alts. Combine these factors with the amounts of breakouts currently happening on alt charts and we have all the potential for a BTC rejection propelling alts into the stratosphere. If so, I'll meet you on the moon 🤘
Long
by cryptosince1963
5
BTC💎 Looking Like some More upside in the cards, After this...Looking at the BTC 2H chart, getting a pretty good sense that we're looking at a bullish setup here. If we stop here we have a bullish Cypher ready to go, but I doubt we stop here for I have a feeling we're gonna see a bit more down first. Increase H/S is about ready to give us the right shoulder at 51k. This is in confluence with an oversold RSI approaching the premium reversal area and an interesting looking Deep Bullish Shark harmonic if we get to this level: All of these signs are pointing towards a pretty slick reversal BTC in the near future, either right around here or a little lower. Don't panic, The bulls are still running the show.💸
by cryptosince1963
NULS- If You Aint Got it, Get It❗️ Before You Regret It💎NULS saw a massive breakout on BTC charts followed by a textbook retracement right back to our liquidity area. This is prime real-estate for picking up a potential long and there's PLENTY of up room left on this chart. These corrections on the market ARE NOT a bad thing. I know it seems like the sky is falling, but for growth to continue we must stay away from a parabolic top, and these small hops down are what prevents everything from crashing down. And lets be honest - It's not every day the market gives you a second chance to buy in at this level... DO NOT SQUANDER IT!
Long
by cryptosince1963
1
Is This the Bottom for Crypto? BULLS ARE STILL IN CONTROL!🚀Looking at the Total Market cap and BTCUSDT here. There's a lot of confluence showing that next week may be a very bullish reversal for all markets. TD9 is flashing buy on both BTC and the Total Market Cap. Retracement levels quite interest on both charts with EMA 100 and 50 being our supports respectively. This may indicate more bullishness for the overall market than for btc. Likewise we can see the total2 marketcap excluding btc, has bounced off the bottom of it's down channel and now has retraced off it's 300 EMA. Additionally, BTC Dominance, though it tried to reverse on the correction, showed very little actual movement. However it did allow the TD9 to reset completely! Allowing us a full downtrend from here still if we wanted. This implies a heavy bullish bias towards alts! Which is great for us - as if this seeming support level fails it's like a straight bomb down to the bottom. Overall, The confluence of these signs of the various chart throughout the market points to this week being extremely bullish, which is deserved after the past week and a half of Bearish downtrend.
Long
by cryptosince1963
4
BTC - Does the climb stop here? 2 scenarios one more likely.BTC is looking like an upward channel after a volume confirmed breakdown from the upward wedge it was in before. Good consolidation at this level for a while despite the volatility, the the bottom support proving to be strong. That said uptrend from December has been broken with the November and then base uptrend to contend with. If we crush through this it's curtains for a while and likely a bullish downturn for the market as whole. This would require a big fundamental shift which doesn't seem likely. WHICH IS USUALLY WHEN IT HAPPENS DUN DUN DUUUUUUN But seriously, Fundamentals haven't shifted away from bullish since the early days of the climb, with more bullish news being released today of BTC backed loans by Signature bank in New York. Overall it looks like we've got more long term growth though the market as a whole is in a precarious position until we get confirmation of movement in one way or another. Confirmation would consist at this point of BTC breaking it's channel in one direction or the other.
by cryptosince1963
2
GVT - Retrace Almost Complete/ Rocket Fueled?🚀🚀GVT Broke out as expected and may be in an optimal hopping on point from the retrace. And what a textbook retrace it is, right to top level resistance, now turned support. I expect this to move very quickly soon, MACD is still showing an uptrend despite the retrace and RSI is somewhat irrelevant here because of the length of the downtrend but has given us a little breathing room. TD9 also just finished a 9 up before the retrace, leaving us with fresh canvas for a liftoff to occur.
GLong
by cryptosince1963
AST - So Much More To Give Us!🚀🚀It turns out AST is going on an absolute tear - who would have seen that coming! Oh wait - Sorry had to fluff myself up a little there right? So looking like the gators mouth is wide open here, essentially a reverse consolidation wedge if you think about it that way - the price swings will get wilder and more volatile with time. Luckily the aligator is pointing upwards here and it looks like there's no much down room left on this chart at this point. I expect AST to hit $1+ USD which would put us around here for long term targets. BUT fact is AST is a great project and something of a sleeper that deserves more attention than it has historically gotten.
ALong
by cryptosince1963
1
💸QKC - More Gains Incoming, More Targets Mapped!💸easy 145% on the last QKCBTC movement Looking like we can shape up for another 100% plus leg up here. Very bullish looking chart, breakout into a very bullish retrace. We'll have to see if we bullflag here or breakout: volume has declined significantly and we could realistically consolidate for a while at this level from a purely TA perspecitve. That said the alts are flying, QKC is in a great place fundamentally and appears to just be getting better with time as fine wine and good crypto projects tend to do. Next targets are mapped for a bit as I won't be updating this idea for a while likely.
Long
by cryptosince1963
2
KEY🔑 - SELFKEY update - more short term targets mapped🚀As anticipated, KEY continues to absolute dominate the charts. Months and months of consolidation at a relatively stable level acts like an elastic band in these situations - storing up buying power as accumulation goes on, until it finally *SNAPS*. This much volume on this low of a market cap is always going to lead to crazy gains. And fundamentally - everything is quite on point so far; no real deviation from plans. Combined with the obviously bullish technicals everything is pointing to this being a very profitable run from KEY. More short term targets mapped but realistically we could see .3 area before too long with this much buy pressure.
Long
by cryptosince1963
13
DGB - Ready to put up gains? Long Term Potential 200%++🚀🚀DGB is a coin with some really cool fundamentals behind it and a surprisingly strong fanbase. And decent memes too. Massive breakout has already occurred with a retrace to the top of our liquidity area. Should be a pretty straight shot moonward from here, minus the occasional retrace which as we've seen just recently can be a real divebomb with DGB. Buy some, be patient, take profit regularly - and be a wealthy trader.
DLong
by cryptosince1963
1
VET- More Love to Give! Next Targets + Long term.🚀So far our position from earlier this year is paying off in spades and looking like there's a lot more to go here. Full blown alt gains across the board, and VET is in an interesting spot. Fundamentally, they have a unique focus on implementation in healthcare systems - which if you've been on the planet earth at all in the past while you know have become rather important. Technically this chart is looking insanely bullish - Huge volume building intensity, the last big retrace left us with a strong higher low in the support area and now we're back on the move upward. Short term we might get a slight retrace down, but don't be fooled, this is clearly a bullish breakout and any downward movement, unless sustained, is just going to be a speedbump on the way to the moon.
Long
by cryptosince1963
2