ExchangeShark

ExchangeShark

Haven’t posted in a while and as usual I don’t post a lot of indicators but the monthly RSI touched the overbought ceiling not too long ago and it needs to rest before any institutions decide to make big buys again, I don’t see the price going any further and staying there a long term, volatility might even bring another peak (ATH) onto play but it won’t be...

ExchangeShark

Honestly I see the next support for Tesla at around 400$ close to where the Fib 0.618 sits for the DAILY chart, with that said, that would be the ending of a BULL market and either we enter a range market or a highly BEAR market, tomorrow’s decision on interest rates will impact the market greatly, personally I have cashed(USD) half of my investments since I...

ExchangeShark

Please note this is not financial advise but just a quick look of 2 completely different scenarios, if Ethereum were to bounce from this point (fib 0.382) to $3800 that would confirm the continuation of the uptrend and we could be seeing the resume of the ascent to 5k+, if we were to go down from here then it would take us to the Fib .618 level that would probably...

ExchangeShark

A very important level was hit along with a very high volume this coin market cap vs volume ratio is almost 1:10 respectively, also a couple big exchanges have this coin listed and it’s market cap is only 87 million at the time this was written I’m not trying to sell this coin to anyone this is my personal opinion and analysis, I’m basing my hypothesis in the...

ExchangeShark

My first post about this bear market was Btc heading to 40k, now we are looking at a range but I have the feeling market movers won’t let the price bounce from here, why? We can still see and smell too much enthusiasm and hope in the market still, market movers need liquidity to buy back again = people panic selling which still hasn’t happened, we believe we have...

ExchangeShark

I consider myself a Bitcoin bull but in this scenario there’s a correction (40k) that needs to happen in order for the price to go higher, this doesn’t mean Bitcoin it’s done or anything like that it’s just a HEALTHY correction that any major price movement needs to continue it’s way up, probably it’ll need some news or another stupid tweet from market...

ExchangeShark

This is a s*** coin that has proved to be very profitable at times, there's been an increase in volume for an extended period of time (check the red circumference) without any major movement which makes me believe this coin will move up eventually (soon), I have 3 short term targets (19,25 and 33 sats) and a middle term at 84 sats There’s no fundamentals for...

ExchangeShark Updated 

This indecision is nothing but a pause on the uptrend caused by the first-to-second quarter transition, what we are looking at is a very healthy uptrend, with so many things going on around crypto lately it would be unimaginable to believe we are expecting a big dump, I do NOT believe this a good entry point to either a short or long position for a swing but a...

ExchangeShark

I just entered to this possible trend continuation, my position was set at $327.00 using only 25% of my trading funds I’m not following fundamentals on this one but a trend and hunch, also RSI is looking good Risk reward is 2.5:1 Stop loss is set at $300 while TP is sitting at $400 but depends on how it behaves tomorrow after Coinbase going public it might change

ExchangeShark Updated 

I know there’s no fundamentals for this but this parabolic trend still looks healthy at this point, this is a coin with decent liquidity so there’s no hassle when selling, I’ve set a partial order closure at 1¢ and the rest will ride as high as it goes or down...

ExchangeShark

If we were to continue with a decreasing uptrend at the same rate we’ll be hitting $123,456.00 around August 2022 Now this a conservative view which I rather do but taking in account Tesla is getting ready to take payments with cryptocurrency and MasterCard will follow this year as well, we could be hitting that target before that time I would say if it drops...

ExchangeShark

Right now would be a good entry point, since this is the new way companies and businesses are communicating with their employees this might be a good long term investment

ExchangeShark

Finally it reached the price that we were expecting since a couple months as posted in the other idea, I’m pretty positive we are on selling soil right now Do I even need to explain this? Divergence has formed in the Daily chart which is a strong indicator there will be a price drop, taking in account the size of the trend it might be a pretty decent (nasty)...

ExchangeShark Updated 

My short entry has been triggered at a moderate resistance level: Entry point 1.0950 3% exposure Approximately 1:3 risk/reward, it could be more but I like to be cautious with the s/l I’ll be exiting this trade at 1.0814 which is a STRONG support level

ExchangeShark Updated 

Within the next couple of days this is what I’m expecting: •Price to stay within down and up trends Fibonacci levels 0.5 and 0.618 which is a good day for scalpers and range traders Sorry for the mess in the chart

ExchangeShark Updated 

Looks like the trend might have exhausted the bulls for now, a healthy retracement might be on its way We are expecting to find support at around 1.0300

ExchangeShark Updated 

This is what I see, a lot of people lost their jobs, the US government is trying to fade the economic effect of the COVID-19 by providing a stimulus checks to the people (the stimulus won’t be and won’t last forever) right now a lot of people has laid off bonus, unemployment check, stimulus check and even discounts at some stores, not taking in account that people...

ExchangeShark

Well I made some of my BTC with lucky shots like this type of coin, I’ve been waiting for the right moment to make some of these risky investments again, I see good potential in this one, it might have similar pumps like REDD and VERGE had a couple years ago. I’m using spare money since it can go to less than 1 sat but if it pumps the possibilities are you’ll...