This crypto has been bleeding just like the rest of the market. We had a solid breakout yesterday with volume. MACD RSI looking bullish. They have their mainnet coming at the end of the month. Plus supply on exchanges is low due to Staking. Which has a 100% apr til July 26. This might be a long play (1 month) but it can easily go once it breaks the trend. Good luck
Near finally lost its support at the $14.80 zone. From here we may chop around until we find a new support to bounce from. I don’t think we will stay in this range for to long that’s why I’m placing bids and DCAing from here. Near is one of the most undervalued L1’s right now. Increasing TVL and strong ecosystem. Same VC backing as LUNA AVAX SOL. Just ignore the...
Ignore the noise and death charts posted by bears with targets of $30 or less. The bottom is in..take it step by step. Resistance areas on chart. Take profits on the way up or HODL. Which ever method you prefer. FA is way to strong. Good luck fam
LUNA has been trending down due to the ANC fiasco. Do announced 9.5 mill Luna burn used to mint UST for ANC reserves. If you know the tokenomics here, every $1 UST minted means $1 LUNA burned. This is starts in 24 hours and will be completed within 5-10 days. In the past we pumped and I don’t see how it will be any different this time. Luna looks ready to pull its...
Markets look horrible. Seems like we have two options. Hold or trade the ranges. Targets mapped out. Stay safe out there and remember the fundamentals have not changed. We just have a lot of fu$&ery going on with the price action.
With the amount of partnerships coming in, this is definitely giving me Link vibes. Not to mention the L2 use case. Currently consolidating under resistance. Gotta be patient here. Just a matter of time before it pops. Stops below 1.50 in case BTC decides to ruin everything.
ETH looks a bit stronger then BTC, especially on the BTCETH pairs. With EIP-1559 coming in July and Vitalik explaining how ETH is on its way to becoming eco friendly, it’s hard to be bearish. I think a flip of $2700 zone would confirm a breakout and eventually test the $3600 zone. Small pullback there and (fingers crossed) resume the uptrend. Unless BTC decides to...
BTC has a lot of work to do. Big resistance areas to clear before we can resume the uptrend. I think the $42k zone is the psychological area that needs to be flipped. MACD looks like it should cross soon too. Either way, with all the news coming out, it’s pretty obvious the billionaires bought the dip. Just gotta stay patient out there and see how it unfolds. I’m....
LTC has one more resistance before take off. Trend holding above middle BB, but we just need a bit more volume. Not if but when it flips & re tests $274 zone we should be headed toward $300-$326. Charlie needs to step it up. Trade safe
Well BTC just busted through it’s last resistance before I could post about it. Flipping $62k and with COIN listing happening on Wednesday should just send us on a moon mission. Avoid high lev positions if possible. I’m sure the stop hunters will be out in full force. Side note...I’m also expecting BTCD to start moving up a bit so be careful in any alt positions....
After an amazing run it looks like LUNA is cooling off a bit. No matter how bullish the project, profits will always be taken by the whales.
If this trend continues (capitulation?) then we might be gifted with some lower prices (see chart) Good luck
Seems like we might have a possible H&S on the daily. Buyers need to step in here. We might get some consolidation or distribution in this zone until it plays out. Miners outflow was about 500-600 BTC this morning. CME gap from Friday is also in the low $18000s, which is usually a 50/50 shot of getting filled but if it’s so close the the current value then there...
BTC managed to climb back up over $19k region but the move looks pretty weak. Sellers still look in control, so what. If we close above $19400 on the next 4hr close I’m leaning toward ATH. If not then we might start drifting lower to test supports. Targets on chart. Trade safe
BTC just hit ATH which is amazing. But we just formed a double top and from the looks of it we maybe getting ready to test the neckline again. Which should land us in the $16200-$16500 zone. I’m avoiding leverage here do to massive stop hunts that can occur at any time. Best play IMO is to buy the dip. Trade safe
BTC finally gave some breathing room for alts. With the way things are going I don’t think we will get those 20%-30% dumps. Retail is buying them up nonstop. Grayscale PayPal Blackrock..to name a few. A drop to the $16k would be a gift. A correction should happen, just hard to say how low. That being said..2021 is going to be a mega bullish year. Personally I’m...
Another amazing run...don’t be afraid to book profits. Just looking at the 4hr chart we might be headed down to test the $16k region, if we lose $17200 as support. Regardless I’m still confident we will see ATH sooner rather then later. Trade safe
