The frontpage is full of "ideas" telling you to buy, which is typically a good indicator that it's time to sell. This is a chart I've had up for a couple weeks now when there was the obvious descending triangle and subsequent sell off. I don't think it's done yet. Obviously long term I'm sure it will recover but if I had any stake in it right now I would sell.
Maybe BTC -0.97% just completed W1 of an impulse up, or maybe it just completed E of a descending wedge , or maybe the current bull run still isn't finished and there's more upside left before a major retrace. I'll be waiting to see if this current support is broken and then to see if support around 50-61.8% retrace holds. If it doesn't hold I'm expecting a...
RDN hasn't dumped like most alts this past couple weeks (likely because it was already at rock bottom). Maybe it will have a good run if BTC continues or doesn't dump too hard.
Maybe this correction is almost over and BTC 0.21% is printing a double combo ending in a diagonal. If so I'd expect one more run down here to stop at the lower trendline and then probably flat for a while before starting the next bull market. I'm waiting to see if we break out here and complete what could be a bull flag . If so I might buy the breakout. If we...
Seems to me like due for correction. Hard to tell these days though! Publishing this so I can see how it plays out later.
Maybe KEY finally found support here.
INS Looks like a relatively safe buy here. Set a tight stop and it either bounces and you can raise your stop as it goes or you get stopped out and lose a few percent. I'm targeting the previous high.
Maybe THETA has found support here. I'm going to try to buy a dip and target those three retrace levels, raising stops and closing part of my positions along the way.
Bullish divergence on RSI for NAS BTC. Might be a good buy here.
Some bullish divergence on Stochastic RSI for DENTBTC. Maybe it will bounce here?
Maybe BTC will print an inverse double head and shoulder. Will look to see it drop a bit more down to coincide with the long term downtrend line, and assuming it bounces there will be looking for a close 3% above the neckline. Could buy around that lower trendline or wait for break above neckline.
KEY might be nearing the bottom of correction here. Slight bullish div on stoch rsi
Looks like MFT is in a cup and handle. Maybe it will complete. Appears to be at the bottom of a swing right now, I'm targeting the 1.618 extension to be safe.
INS may be at a bottom here and about to reverse. Either wait for a dip, or wait for breakout above H&S neckline.
can probably make a quick few percent on STORM here. I think it might be a good hold too. it seems to be at support and it's had a few volume spikes recently.