MysteriousPersian

MysteriousPersian

Trading in a tight channel currently after failing to make a sustained move above 52k. Important to realize that it now has a downward bias with the latest drop. Closely watching the support around 46k mark. A move under this region would most likely indicate further drop in the price. Neutral for now as the price action has not really taken a direction. two...

MysteriousPersian Updated 

A combination of factors here will push this higher most likely. 1-Staking has gone live, a lot of people are moving iota from exchanges to the firefly wallet because of this which will restrict trading supply. 2- iota hasn historicaly underperformed making a favorite and easy short, this could lead a big short squeeze 3- a lot of exchanges (Binance) have have...

MysteriousPersian

This should help lift a lot of alt coins back into an uptrend as well. IOTA, MATIC, MANA and many others seeing sustained moves upward. Another leg in this bull market it seems for now

MysteriousPersian

Still forming a bottom. Nice ascneding wedge pattern forming with strong resistance around the red line. Going to wait for the breakout and a confirmation before going long again.

MysteriousPersian

Iota making a nice stride increasing also in the IOTA/BTC pair as well and outperforming a lot of other major cryptos lately. With the announcement of the new staking rewards (Shimmer and assembly tokens), the upside potential looks good here as everybody. There is a strong tendency/trend lately to stake coins that you don't plan on selling to receive rewards on...

MysteriousPersian

Pretty self explanatory: Short term support found at green line (obviously this is a futures denominated derivative so classic support/resistance lines don't work long term but short term they do) Red line shows stop loss. If there is no pop. it will keep grinding down. Target around 30$ not terribly far. This has been known to do 1000% increase during big...

MysteriousPersian Updated 

Looking for a prolonged rally in the short term to 4$ region as it looks like it will quickly retrace many days of the latest downtrend.

MysteriousPersian Updated 

Still a bit early but here you can see the red arrows showing the downtrend limited to the upside by the moving average. The latest trend delimited by the orange line is not as sudden as the last ones which indicates to it no longer being a retrace in price (show by red arrows) but a reversal in the current trend. Looking for a push back above the moving average...

MysteriousPersian Updated 

Lots of potential for a big run up. Last few days pulling over 20% upwards, there is still a lot more juice in this rally before a big correction comes. With a lot of other major assets including BTC and ETH coming out of the correction zone, there could be another major crypto bull run before the bear market peaks its head around

MysteriousPersian

Looks like a continued correction here as downtrend takes control. The shift is clear and regardless what path it takes, most likely it will end up lower over the coming weeks. Continued short on this

MysteriousPersian Updated 

volume is dead, failed to push to new highs and the last bump is turning into a double top. Trade carefully here. Rollover into a downtrend is very likely now

MysteriousPersian Updated 

Looking long again as it continuing off the current trend still.

MysteriousPersian Updated 

looking for a short term regression back to the trend line after making signs of a top.

MysteriousPersian Updated 

Still holding uptrend here, up from the support hold at 3.50$ as initially thought. Big resistance here shown by blue line at 4.30 region. A breakout from this point will most likely lead to 5$ in the short term. Or else it will most likely turd down and test the 3.5$ region again. The second scenario involving the failed breakout (red line) will cause a great...

MysteriousPersian Updated 

Looking for a continued rally as BTC recovers. Possibly new ath but for now i think a reasonable target for this remains at 4.50-5$

MysteriousPersian Updated 

Another pump looks to be setting up here as the volume is increasing into the uptrend. The long draaw down after the 300% rally comes to a close seemingly as we bust above the 3$ resistance. All that is left is to push above 3.50$ and the next target could easily be in the low 5$. Looking long here

MysteriousPersian

crypto wide market dump incoming. Big run ups on almost everything. Market wide looking for a cooldown period. Looking for a move back to low 50k region before possibly picking back up again

MysteriousPersian Updated 

Or else it will dump. This being so high in market cap already the profit here would still be limited but I'm counting on an explosive move, so fast profit in short amount of time.