If you got caught in the dip with a bag of rocks, there's still hope for us here. And if you bought the dip, you've got balls! But if you're looking for a confirmation to dip your toes back in the Alts market, I say pay attention to the following technical confirmations in play: 1) Ichimoku Cloud: Alts.D daily candle breaching over the Ichimoku Cloud. So let's...
Of course a very different mood today, 1st of the week following the massacre of the weekend. So what do we see here: 1) Alts.D trending nicely above the 100D EMA. => Today's candle close will be a good sign for hope. 2) BTC.D is losing ground while BTC is moving up and the Alts.D going up further. => Another good sign. 3) All Alts are in green, some breaching 50%...
The moment of truth... BTC closed above the 50W EMA, no bear market... for now. What a weekend!!! Let's hope next week is green, and thats to be confirmed upon the global market opening, specifically S&P. Till then... let's have a good night sleep to help our weekend wounds heal.
The bloodbath was brutal over these past few days, and the Alts were the biggest losers where many fundamentally solid large caps lost more than 70% of its value in 72 hours. What are the readings? 1) Total Market Cap lost 50% of its value 2) Alts.D lost 50% of its value too 3) BTC.D is increasing on the expense of Alts.D 4) Alts.D closed below the 100D EMA...
Had to liquidate few positions earlier than targeted, doubled my ANKR bag for all the fundamentals in store and yet to be announced. Technically ANKR remained in its bullish FIB channel and accordingly 497 sats should be a target within reach over the coming few week.
Bought the bottom and sold the top, and now I am having another chance to re-enter the trade at the bottom. With all the fundamentals for summer of holidays, I plan to either exit at 50% like before or 100% jut below the marked support. As always, blue line marks my entry and green line marks my planned exit.
Going long on a 4H breakout after a long consolidation shown in the daily and strong support that held for long. No exit target set for now. But if you have any set, feel free to share your insight.
Following a spike in volume two days ago, going long on a 4H breakout after a long consolidation shown in the daily and a strong support that held for long. No exit target set for now. But if you have any set, feel free to share your insight.
It is a weekend, where weekends are usually bloody but considering that the market has been bleeding for few days already, we might have a bit of a relief... though in order for this to materialize, this 4H candle that just started need to stay above the marked support line. If it stays above it, we might have a double bottom here for Alts.D and get a green...
Fantom dipped 50% in a couple of days with no fundamental reason but FUD. It is a good chance for me to re-enter this trade that I previously sold too early back in January. My 1st entry marked in blue Main support is marked in black (where I'd be laddering my 2nd entry if it gets there) My two exits marked in green PS Everything is on sale in the market...
With the orchestrated premeditated ongoing FUD in the market, one needs to check the probability of plunging in a bear market. My thoughts are that BTC weekly close needs to be below 3333 level which is the weekly 50W EMA for the bear market to get triggered. And yes if we close below it, then this would trigger the tsunami of a bear market. Whether the bulls...
If we look back at the last ATHs BTC reached since Feb 21st, it was clear as marked vs the RSI line in the chart above that each new ATH came at a lower RSI. So the descend that started gradually from April 18th was in the cards regardless how bloody the finale took place. While BTC may shoot back from here which will NOT result in big move eventually, it is...
Here is my very conservative strategy bidding for the highly hyped ICP. ICP may consolidate at the current top, and never go down; which is unlikely considering more to be unlocked every month. For me if I get filled I am happy to hold ICP for LTR, and I don’t care if it happens sooner or far later. If I never get filled, I am also happy as I’d be holding BTC that...
It is straight forward and simple, while most were caught off guard in today's plunge, for traders to gain confidence back in Alts, Alts Dominance need to close above the 50D EMA. Alts.D came long way over the past few hours. Will it close there today? Tomorrow? Well, that is yet to be proven. But rest assured if Alts.D close above the line, Alts will recover...
BTC just tested the 50W EMA, it is at a strong support too. With no fundamental reason for this FUD to continue, I am betting here with my money to go long with BTC. At the moment the expected six digits BTC is a tough call this year, maybe. ALTBTC & ALTUSDT is at a low to go north from here. Don’t panic selling BTC or Alts, it is the time to buy instead with fiat.
BTC Dominance just hit 39.82 very close to ATL 35.5 of Jan 2018. While BTC.D may still go a bit lower, but get ready for a reversal. Once a reversal starts, the market could get very violent blooding all ALTs in BTC pairs. While there's nothing certain in the world of crypto, but BTC remains king, that's for sure. Once BTC heads up, Alts shall bow.
LTC is breaking out on the weekly chart. And a conservative target has been set at 25% gains.
IOTA is breaking out after retesting the 50D EMA three times in a month. As long as it reminds above the 100D EMA it's a healthy buy set up. Exit target can be set anywhere to 100% gain.