Although this is the most bullish we've seen XRP, it's notorious for parabolic pump and dumps. It's been hitting it's head on this red trend line for over a month. With a recent break above $2.52, it's now using that price point as support. But now forming a descending triangle. I would wait for either the white support line or red resistance line to break...
I would not sleep on this token. They buy back then 🔥 a portion of their total supply every hour. With the MACD creeping back up on a 1D, it's showing some divergence. And it currently being oversold - hard to pass up the opportunity. Bullish crypto market scenario leads us to 0.18 Conservative bearish outlook we still land around 0.11 Disclaimer: I am not...
Crazy to see STX took a hit this hard, maybe because it's just another EVM.....but is it? This may just be BTC's quantum computing shield in the future. This large discount brings you great opportunity. May take up to two years for 450% gains. I have started accumulating.
This is tempting to buy, but patience is key with swing trading to reduce risk. Coming from the world of crypto, this seems like it would take an eternity (2years). But it helps to know the direction it's headed if you did want to scalp it in smaller time frames. Green arrow represents the safer swing trade. Orange arrow represents same bull trend but will still...
We've already seen this happen last year. BTC has been bullish since it's existence but there's always been drops after being overbought. I also wonder how Quantum Computing will affect BTC's existence. Any thoughts on that? Weekly Candles look like it wants to test 85k MACD crossover Ichimoku Cloud acting like a magnet
I take a much more conservative approach to trading - that's how the JSC - Swing Long is used. It simply finds extremely oversold moments (on larger time frames) and reaps the rewards. The strategy tester shows 82% win rate using this indicator, with an average 22.5% trade. As of now, it's VERY close to triggering the BUY alert, but I can't be too hasty because...
What does the future hold for meme coins? I often think meme coins caused the collapse of many "serious" altcoin projects and now the flood of new meme coins will do the same to large cap meme coins. Too much money being spread thin across them all. Large/Mid cap meme coins like Shiba, Pepe, Doge, Fartcoin, have all been bearish since mid-December 2024 and mid...
It's incredibly hard to say that we will bounce up from here. On the basis of history of BTC, we will. On the basis of what's going on in the space, our global pandemic, and traditional markets cashing out....it's mostly likely not going to bounce. Cash is king right now and bouncing from here is actually based on "hope". I hope BTC bounces on this historical...
MACD about to cross on a daily time frame. Keep it simple.
It's not traditional to use 2W time frame only because it's not really defaulted into any of our charts. It's so tempting to buy this potential bull trap but everything on a TA perspective screams sell. Never buy "hoping" it will bounce on support (unless you want to roll dice). Just wait until it actually shows bullish divergence to long.
Still riding on the lines. There is still some room for a dip down to the third line but it would most likely be a quick flash dump (bear trap) before lift off (just like 5 years ago). Many coins bounced back very healthy today which indicates near-bottom trend for BTC. (since BTC is the top of the pyramid) I don't think bear trend is completely over but it's dam...
Looking at the big picture always gives us an idea of what may happen next. Ideally, we are in a buy zone. History DOES NOT always repeat itself and you never want to be the one banking on the fact that it MIGHT repeat itself. Things change rapidly in this space as far as tech advancement, so we can't say for sure that this trend will hold AGAIN. we DO though,...
I come from a strict crypto technical analysis background but it doesn't take much to accept that this trend is TOAST. 1W cloud wasn't able to hold, so what are you waiting for? this is not a dip, this is a dump. I believe the crypto space will follow s&p's next move as well. *not financial advice
If you find yourself flustered with many indicators - it always helps to just clear everything and go back to basics. The chart doesn't even have to be logarithmic to see that there is still too much risk to long. All i did was spot out triangles, compare their bullish strength, and wallah...its still bearish..... As we all know now, the market is completely...