We are knocking on the door of the longest and strongest downtrend resistance line. MACD and RSI suggesting to me that the time is not yet, but soon. The question is, will we revisit 35K ish to pick some last minute deals? Is 37.5K our new home or dare we hold above 40K and breach sooner than anyone would expect?
10 day green candle streak and finally a higher high off of this omega downtrend. Close to a 45% pump, this feels so good. Now dump it to 33.5K for a juicy retest and let the alts have a 2x! That would be...perfection.
OK I've been watching this one for literally months, I tweeted about it months ago as on my list for when the market turns. Do your research on this project then decide for yourself. Finally seeing volume and the coin waking up after being down a whopping 93% from its all time high. I will be waiting for it to retest it's EMA whilst monitoring BTC then making a...
Hi all, With today's overall economy dip, Stochastic RSI, MACD still have room for more downside for BTC and therefore the overall crypto space. I would re-evaluate the situation at 38K, where we could bounce to retest previous support as resistance, or continue downwards for a brief wick. Either way, opportunity is on the horizon if you've got the ammunition.
After my previous post you see that we failed to hold the EMA and got swiftly rejected down to 33K as predicted. That was the easy part. What's next? Who knows, but just for fun, lets play. I spy with my little eye a very strong support at 32K. I would be really happy if we could come and test that so I can enter a low risk trade with a tight stop loss on my...
RSI is coming down with bullish hidden divergence. If we can hold above this EMA level and break out of the downtrend it could be massive for your favourite altcoins. Otherwise, we'll see how we hold up at 33K BTC
While both shorts and longs are irresponsibly high, the shorts are holding like an iron tower in anticipation of the death cross. I believe the market is turning, but I'm going to wait for this chart to change before I buy..
If we get a higher high in the market there is very little in the way for this one. Moved sideways out of long term resistance and currently testing short term resistance. One to watch!
Now I don't know much about this shorting business, but it is pretty clear it's going back down to test 30K. What do you do when you're certain the price will drop? Whatever you do, do it responsibly. Not financial advice.
Matic was the shining beacon of hope during the major correction / FUD onslaught / start of the bear market (delete as applicable) and for many their 2nd wind as traders/investors. I was not one of these people. I was fully aware of who Polygon are and what they do, mitigating the current problems with Ethereum as a layer 2 solution, I just didn't care! Maybe I...
Lets talk about Terra and specifically Luna. Solid fundamentals, huge ecosystem, a fan favourite as a payments project. Not familiar, this will get your toes wet: How does Terra work? www.youtube.com Luna had an incredible run up in February like many altcoins did before going through a staggering 54 day accumulation period. During this time, most alts in the...
Take those profits then get ready for an alt pump on Monday!? Question marks on everything because I have no idea!? Ironic
It is squeezing up against the ceiling and has attempted to break out a couple of times prematurely. It's a stinker
If you bought the dip on VET, you would be up 135% in 4 hours! This is a general example and a warning. Buy the dip, set your stop losses, sell the peak, RINSE AND REPEAT. This strategy works in all markets, but especially in bear markets!
I'm not even joking, super easy gains
That resistance line coming from previous ATH is hardcore. Only a matter of time before it is absolutely smashed. Dot has it's engines fired from that cup and handle pattern!
I saw this coming but didn't believe it. If you saw it and acted upon it, well done!