if you set your stop loss right beneath the bottom it is being hunted by the big boys. its a different game now.
current h1 pa looking pretty similar to the months long movement from february to april Hedging this with an i dont know because i have no clue what happens next. HTF market structure in shambles. stay safe homies.
mehh closing all positions for now....happy to buy back higher if it breaks upwards. Most desired scenario: buy back a strong retest of the lows. Best r/r as it can be cut quickly if we nuke again. Still a bull in 2021.
i dunno maybe a sweep of the lows and strong bounce could provide the momentum to move to new highs.
Pancake Market Cap: 3.2b (rank #41) Exchange tokens such as BNB and FTT have been doing well lately, in part due to the impending Coinbase direct listing on the stock exchange. Eventually (hopefully) this money will trickle down into the smaller sized DEXs. Uniswap has a market cap of $15.9b. By that standard I see no reason why Pancake Swap should not reach at...
Serum Market Cap: $327m (Rank #163) Bullish on Sam coins and Solana Blockchain. This is a longer term hold for me. TA is secondary. Gone through the right of passage for new listings: Post Listing Pump ---> Late FOMO's rekt ---> Capitulate into accumulation zone ---> send to new highs. BTC Pairing: Close up:
Litecoin's BTC pairing is similar (albeit less extreme) to that of Dogecoin and XRP in that their BTC pairing slow bleeds for years before giving a fast and large pump when reaching historical support levels. Litecoin is now nearing its multi year BTC low from March 2017. The real influx of first time retail investors into the crypto market has barely begun....
Perlin Marketcap: $79m (ranked #436) Looks like to $ONE before $ONE really took off. But these fractals have been everywhere lately, finding these setups have been and will be very lucrative in 2021. Perlin/One side by side comparison picture below. ....and some more.....
USD pair tightening in an uptrend. BTC pair consolidating above ATH from 2019 going for S/R flip. Move should be imminent.
In wave 5 of a parabolic run. There will be smaller targets in the final run. Did not want to make the chart too messy. Will perhaps make a seperate chart for the counts of the final run as they develope.