Rune currently looking bearish like every other alt in the market, if bitcoin goes at least to 23-24k area as I've been sharing for weeks alts will suffer even more, another 30% drop in bitcoin will be easily a 60-80% in alts. Looking at the chart I don't think we are going back up to ATH area respecting that 3$ support, too easy and too many people positioned...
Simple liquidity play, 30k is a physical and psychological support for many players in market, if someone wanted to shake the market and buy fear, giving 30k some more confluence (maybe another bounce in the upcoming weeks) to end up breaking down should be the perfect play, the same way they did in 2018 with 6k support. Many people screaming at that time...
Looking to buy the dip in MTLat the grey box area, if given. Trading the range for now, closing back above range and I will be looking to long again. Objectives are those 3 in chart. Close and consolidate below grey box and I'll cut this. Good luck.
Still waiting for those lows at 30K to be taken, once we get there my main scenario is entire pullback to at least 25/24k area, reaction there will be key, passthrough and 20k will be next. Line in the sand for bears is around 45k imo, start closing in daily candles above and show some bullish pa and that will be a long for me to 52k area. But untill then this...
Main ETH trade shared a month ago as a trade for the upcoming weeks, still short but already trimed some off. For now Im leaning bearish so I can't update more than we see now in chart, no signs of bulls at all for me, start closing above 2965 and we can start talking about taking some highs of the current leg. But for now, if this trendline holds, thats a clear...
It can't get any clear, an arrow and a box, a main trend broken, looks bad imo. Clear close above 1.16 and we can start talking about been bullish, until then this is condemned to the goblin town. Good luck.
IF given, thats the area I will be looking to buy some spot position, entire blue box should be a good place for a bottom formation before retesting any highs. Until then not looking to buy anything, this still looks thats heading for another lower leg imo.
Everytihing goes fine as long as we respect the lows of this channel, the retest of those should be a nice bid zone aiming for higher areas of the channel. Clear close below channel and price will probably retest 50-33 area. Good luck.
Matic looking bad imo, price needs to close above 1.30$ for some bullish momentum, until then this is aiming for a 0.75 retest. Any bounce to 1.30 should be a nice spot for shorts with invalidation been a clear close above, not just spikes.
lines are just for fun, any resemblance to reality is pure coincidence
PYR still bearish and correcting 2021 bullrun. If bitcoin goes lower as I think it will, doesn't sound crazy prices around 7-3$ for pyr even lower who knows. I dont care how low it goes, I will be looking to fill my bids in the blue box every week/2 weeks/month, during dumps etc. Once we acumulate and start moving back up, this should easily go 3 digits...
ETH could still bounce and clean april highs, but still looks like total garbage imo. That upper channel drawing those higher lows looks like liquidity been build for a leg down imo, aiming for 2017 highs, around 1.4-1.7k. It could take weeks or months but Im not looking to buy this until those highs are retested again. Until then the only play forme is shorting...
Looking to acumulate this project but still think this is going lower, at least to those 2 blue boxes below, not looking to buy at this prices, imo this still needs to acumulate in a range that will take weeks or months. Patience is key, and looking at bitcoin I would not rush at any coin at the moment. Good luck.
Waiting for a sweep of those highs in chart around 450$, area of confluence that should give a nice trade setup. Clean those highs, let do its thing and once it closes back below I will look to short to 340$ and 320$ area. Good luck.