I have been following Galaxy Digital for a while and I think it is very interesting. The recent spike in price might indicate that it will finally gain some traction. The stock is too young to do decent TA on it IMO. Novogratz himself bought a lot of shares and has approx 70-80% of the holdings. Insiders buying share often indicate something good. -I am opening a...
Hi guys, I wanted to take a simplified look at BTC's mid/long term view on the weekly chart. There are many different ways to look at BTC right now and I just wanted to keep it really simple using just the weekly RSI and Moving Averages. IMO there is no reason for panic right now. Just keep it simple and take a look at one price range at a time. I don't want to...
Cardano is ready for a swing trade IMO, ADA is making steady higher lows since september and therefore is forming an symmetrical traingle. The support and resistance levels of this forming triangle are easy to see. A break to the upside would be confirmed if ADA gains above 0.00000520 sats. I will turn bearish/neutral once ADA drops below the triangle and the 50...
Hi guys, Let me first explain how I currently stand in this trade: - I bought LINK @ 0.00021078 recently on october 1st. - I sold half my position @ 0.00032700 yesterday because I wanted to secure my profit (55%). - Now I am looking to re-enter when prices are a little bit more reasonable. I am planning to buy @ 0.00028125, Why? - This is just above the 0.618...
Platinum was the king of metals just a few years ago (in terms of price, not at all market cap!) Gold has since then delivered a knockout to platinum and showed once again that gold = the true king. The gold/silver-ratio shows that silver and other alternative metals are outpacing gold in this recent rally and that a shift might be emerging. With all the global...