I just got this chart and I'm taking a quick look. Look for it to jump out of where it is lol.
hey folks look like we have a jump out of resistance on the DXY chart. Keeping a close eye!
I'm bearish on the dollar because they can't print an infinite amount of them, and all the people that use it for their lives get fucked by inflation. DXY going down is showing you how bad that the fed lies to everyone. this is opinion of course because the fed has never been audited. I have been in crypto for 10 years now, and holding dollars in the form of...
Can we make it to the next fib level? I have no idea, im no nostradamus. I'm an ignoramus, outrageous just trying not to get liquidated. We are however, not adding new leverage, in fact we are using the recent volume in defi to pay down our leverage. Liquidation number currently $13,000. Remember it is a huge pain in the ass to trim your leverage when the...
There might be a break out if DXY keeps going bearish. Usually they are opposites i need to lay the DXY over this chart to really get a decent idea what is going on with the correlation.
im an amateur and my guy instincy says that we could be heading up considering that DXY is heading down. That means that people have to spend their money on equities. Because otherwise they are going to die from $7 egg inflation (were $2.19)
We haven't seen any pull back yet, so its tough to know where we are, the next level in the fibanacci levels is around that 28k level, so look to take some profit or cut some leverage at this point. Thanks for your consideration. Still a bear market.
im pretty bearish on dollar strength, unless something happens to keep it moving.
I think they are going to claim that all the inflation is out of the system and everyones stocks can go back up. But who knows, I'm not quite sure. We will have a better clue tomorrow.
I think it is a good idea to keep the L1 and L2 situation into perspective and trade against each other, especially if you are using leverage. Looks like $MATIC is a strong play
Everything is at a stand still as the world waits for the Ethereum merge. How will the ETH merge affect MATIC? We don't know. ETH will still be expensive, so MATIC is still the best smart contract platform to actually use to earn interest. It is still small, so plenty of opportunity on this protocol layer. Not only is MATIC in a decent buy range, you can earn...
This is my first every snp so im just winging it out there. Crypto is correlated to the market at this point so lets have a look at these assets.
Dogecoin has been obliterated against BTC since last year. I can't recommend going long on DOGE right now. I would only spot buy it and only hold it with no leverage for the next bubble phase and hope to catch some sales in a few years. Dogecoin does have its moments when it shoots so it is nice to have some exposure. But Doge vs BTC, BTC has been the big...
I think there a few more steps to take for MATIC before we earch resistance, slight long and edge to matic for now.
ETH just had a huge pump against BTC. We are in the middle right now with some resistance on either side.
move to much lower than we are now. Good upside from a great coin, and popping back into USDC if things aren't looking right.
Hello everyone, I am long on $MATIC and think that it might hit 1.20, the next level in the rainbow fib chart. Hopefully, the next few weeks are good to everyone.
I'm a fan of Polygon and MATIC. They are the best L2 scaling that I have used. It is so low right now! Definatly a spot buy!