While I will be sharing the chart and technical analysis I mainly wanted to bring awareness to this project. As you know Oracles are huge in crypto and this is a sub $1 million MC Oracle looking to solve trust. Solving trust could apply to almost any project in the space, especially DeFi. I've stopped trying to find the next DeFi gem and started concentrating on...
I wanted to share some observations regarding OCEAN. I've started charting it in USD as it gives a better picture on where we are heading. I only use BTC paired charts along with BTC dominance to determine the need to swap profits over to BTC. 1. Symmetrical triangle on the daily. With a bounce off the bottom the last couple of weeks I see a breakout in the next...
This is an addition to the recent BTC.D post. In my view both have to be considered to get an overall view of the market. As you can see the Alt coin market is forming an ascending triangle. If Ascending triangles are continuation patterns then a breakout would be huge in the next couple of years. Even a bounce here and a retest of the top of the triangle would...
Hello all. Hope your new year was a happy and safe one. Bitcoin sure has had a good new year. On an absolute tear as of late. I wanted to share some trends I'm seeing play out. 1. As you know triangle and wedge patterns can take a while to form and not be truly apparent until we get close to a breakout. It appears that we are seeing an ascending triangle forming...
Just wanted to share some thoughts on what I see forming with Ocean. Full disclosure this is one of my main bags and has huge potential IMO. I typically don't like to chart on lower time frames but it's useful in determining reversal patterns. 1. As you can see on the chart a possible right shoulder is forming. Next couple of days will confirm or reject. 2....
Full disclosure KAI is a large portion of my portfolio and none of this is financial advise. KAI has been going through a correction and consolidation since hitting ATH in August. Those of you who owned KAI or were observing over the summer know when this one runs it's a sight to behold. Although it might seem that KAI has already broken out from correction the...
Hello all, First I want to say thank you for all your ideas and cannot express how much help they have been this year in learning the crypto space. This is my first post so feel free to share any different ideas or tips. I wanted to share some thoughts on what I see forming. 1. Dominance on the weekly is starting the formation of a textbook bear flag. When...