LibraTradesNY

LibraTradesNY

- Price is currently sitting below major support flipped resistance - It will need to push and close a higher time frame (8hr) candle above the 3,690 area - or else we will see greater downside - Bulls are starting to run out of time to support this key area I would advise not to swing trade this level. These range bound moves are for day traders only due to...

LibraTradesNY

- Pound fell below COVID lows - Macro weakness - USD continues it's overpowering uptrend

LibraTradesNY

Price is gearing up to potentially break the 0.236 fib on the weekly - if resistance is broken, the ATH will act like a magnet N3 RC1 TestNet has been officially launched - big milestone and step towards the new ecosystem Price is lagging behind ADA and follows a similar chart pattern towards the ATH Good Luck to All!

LibraTradesNY Updated 

Bitcoin is about to conclude its falling wedge pattern Overall bullish macro structure has not yet been broken Lets wait and see if this breakout favors the bulls or bears - from a technical end this pattern favors a squeeze to the upside Good Luck to All!

LibraTradesNY Updated 

We are currently in a classic Bitcoin setup In traditional markets this poses as a bearish pattern - uptrend losing steam However, past performance in Bitcoin hints at further upside - Macro trend still in bull territory - Rising wedge coiling up for an explosive move - Short squeeze at psychological 50 k region Nothing is guaranteed, so it's best wait...

LibraTradesNY Updated 

LINK has formed an inverse head & shoulders on the hourly - and with a few other alts as well: ETH, LTC .. Price needs to break and hold above the ATH to confirm a breakout Alt-season has arrived - but LINK has not yet uncovered it's full potential Good Luck to All!

LibraTradesNY

NEO is currently breaking out of its final bull pattern before reaching 28.92 If the important resistance is broken and held on higher time frames, we can finally witness NEO's highly anticipated bull-run Next major target will be around 48 Good Luck to All!

LibraTradesNY

ETH - BTC pair has finally broke out of its multi-year resistance. This breakout comes at a perfect time while the USD pair is surging past ATH'S & potentially igniting the start of ALT season Ethereum has been undervalued greatly since Bitcoin's parabolic run Next target is 0.085 Good Luck to All!

LibraTradesNY

What a fantastic time to be an investor! This parabolic run will go down into the history books & consequently the move isn't even over yet... I just wanted to outline the textbook bull breakouts since August. Purely based on price action this was a thing of beauty and was built up for months. The consolidation box was the final failed attempt by Wall Street to...

LibraTradesNY

MYCO has formed a prefect cup & handle on the daily - 4 hits against an important 0.60 resistance - handle dropped perfectly on the 0.5 fib support level - price is currently consolidating right below resistance Fundamentals in the psychedelic space are lining up perfectly for a MYCO breakout. - they are 1 in only 4 companies currently approved for phase 2 FDA...

LibraTradesNY Updated 

Psychedelic sector is starting to heat up once again A few micro-caps are leading the way by pushing towards previous ATH's & surging in volume: TRIP, CYBN, HOLL, MYCO MMED is reaching the end of its consolation box. We have 2 scenarios: - break down from the multi-month trend line - set daily lower lows - enter a new bearish cycle - break upper resistance at...

LibraTradesNY Updated 

Bull trend has not yet been broken - since October 2020. Current support found at 618 fib then continued at 0.5. Price consolidating in a range. - If these fib levels are broken, then further correction will follow. - If 42,000 is broken, then long orders will be triggered for further upside. Next move will determine where we stand in the short term. Good...

LibraTradesNY

The Bitcoin dominance chart will offer us clues to Alt-Season Dominance topped out at 2019s high of $73, making it a strong resistance Since the beginning of the year, altcoins have been injected with liquidity from Bitcoins momentum. We can look out for Fibonacci's key 0.618 level at $64. When this level was broken and held at the end of June 2020, it...

LibraTradesNY Updated 

Ethereum is entering into the last bit of local support and resistance. Watching for 0.382 fib to hold and confirm the up-trend. Last line of defense is at the important 0.618 fib. If this breaks, then expect further downside. Also keeping an eye out for Eth's ATH at $1,420. If this level breaks, then it could trigger the highly anticipated Alt-Season. Good...