Mkhalid206

Mkhalid206

After a long parabolic run , fueled by optimism of adoption and a incoming administration that spoke welcoming of Btc, profits must be taken. In January through April we should see those profits be booked before tax deadline. Looks like distribution is happening. Without any major catalyst we could see some retrace to the support zones below. Not investment advice.

Mkhalid206

Education only: While there are many factors that are necessary when choosing to invest, the technical analysis is one part. In this case, Peleton has been consolidating for quite a few quarters on the back of massive slowdowns, revenue shortages and other negative news. It seems to have begun to make a base around the 10 dollar mark. Positive catalyst could lead...

Mkhalid206 Updated 

NOT FINANCIAL ADVICE A possible scenario that may be playing out. No one can ever guess the top and there is still a lot of growth in this space (crypto). However, there has to be time when people also take profit. 12.5K is a good spot with all the fanbois setting themselves up for a trap. BTC hasn't crossed higher than this in over a year. And this run looks...

Mkhalid206 Updated 

Note Financial Advice, just a possible scenario. Gold has been climbing steadily for some time now. Today's increase is more evidence it is on an uptrend. Making higher highs, and a strong engulfing candle for the day. I want to see a retrace, but economic uncertainty may drive more buyers to jump on-board.

Mkhalid206

Its a fraud, bad leadership, profiteering etc, its the best thing ever..I really don't care. Trend is your friend here. It's headed up and has been since March. It clearly wants to keep going and will do so as long as BTC is still in an uptrend in my analysis. This may follow chart pattern such as ETH or LTC when they were in infancy. Take a look at the levels...

Mkhalid206

Not Financial Advice: Possible scenario: Lots of selling pressure have pushed this coin down hard to a good buying and consolidating zone, and now XRP looking to make a move. Stop loss in place, I want to see a push up to 9k sats. There may be one more strong push down to shake weak hands. Time will tell.

Mkhalid206

Education not Financial Advice: BCH is looking to make a move and leave this wedge. A small upswing may result.

Mkhalid206 Updated 

Not Financial Advice: Just a possible scenario. LTC was due for this and the trend was showing it. Now that it has gotten the momentum, I want to see a retrace to mid $30s range and then up to $54-60 range. Time will tell but I'm rooting for LTC.

Mkhalid206 Updated 

Not Financial Advice just a possible scenario: I can see a little bit more grind down(hopefully) of ETH before it finally snaps up and hits the $125-130 mark. Time will tell.

Mkhalid206

Not Financial Advice just a thought: XLM has been oversold for awhile now, and the bears have driven the price to a good buy zone. I expect a bounce up to 3200 -3400 SAT zone. Time will tell. This will also be effected by what happens with BTC.

Mkhalid206

Not Financial Advice: Biggest thing to watch is the small squeeze taking place that should send it further down. Time will tell if they announce any breakthroughs.

Mkhalid206

I want to see what ETH decides to do here. It is starting to squeeze and this looks good for the upside. I want to see a retrace to $125 before heading up. Time will tell if ETH can sustain momentum and get the volume needed to take advantage of this temp. trend reversal.

Mkhalid206

Just an observation and possible scenario: Have to watch this area closely, the bounce at 3500 is good momentum but without volume BTC will go down and retest 3200.

Mkhalid206

Possible scenario: Looks like it is setting up to have a nice little run, I would like to see a retest at the 3200 mark but if it taps 3500 and goes up from there I wouldn't mind. In this scenario, 4900 is a good exit. Time will tell.

Mkhalid206

Not Financial Advice - It looks like BTC is stuck in these wedges and hypo wedges and ready to make a big move. Slow uptrend forming or is this may be a bulltrap.

Mkhalid206

Not Financial Advice - It looks like its in these wedges and hypo wedges and ready to make a big move. Slow uptrend forming or is this may be a bulltrap.

Mkhalid206

Not Financial Advice - It looks like its in these wedges and hypo wedges and ready to make a big move. Slow uptrend forming or is this may be a bulltrap.

Mkhalid206

Not Advice, just possible scenario. Looks like a mini wedge and a few more legs down.