BTC is DEAD. END OF CRYPTO. Hard times for #Crypto and the whole financial system as a whole. Alongside stocks #Crypto is falling/correcting as well. Amidst the fear of global recession we are yet to find weather this is just correction before the halving or sh bigger.
WAVES UPDATE. +20% since entry! Cheers!
BTC broke trough the 200 MA. Currently trading above it. Right now we are trading under an important resistance ( 9250$). Once / if above it we might become more bullish. Overall stock and BTC are experiencing positive days and this their correlation right now seems strong.
TOMO already 4% up since entry. Beautiful upwards channel. Tomo is showing strength and eyeing further heights. Even with the BTC spike it is still staying strong. Will increase position on pullbacks. TP is another 10% up ( at least).
$CHZ C&H formation. India has lifted the #Crypto ban. With the recent rallies of $Matic & $WRX the next one to experience exponential growth might as well be #CHZ. Be patient. The setup has a lot of potential. After $WRX and Matic start retracing the profits from them might/most probably will flow into $CHZ. If there is not some bigger agenda in play CHZ will...
$WAVES consolidating in a bullish price formation. Not affected by $BTC Chances of bullish breakout are rising considerably with #Bitcoin stabilizing above 8500-8600$
$BTC looking weak, but a bounce from the 100MA still possible! Price has been hovering above the 8500$ quite confidently. We are currently sitting at the 0.5 fib . In addition #Bitcoin is close to the 100MA that's adding additional value to the strength of the current levels. With the current geopolitical situation we cannot afford a bias and must be flexible in...
We can trade bellow the 200MA for some time, even push trough the 100MA and touch the trend line at around 7650$ and we will still be bullish. Even if we go lower there are still some strong levels protecting the price and as of now the current price movement does register as a correction. Think with your head, be safe and don't over trade.
After touching the 0.5 fib on daily and corrected far more than anticipated, #Bitcoins is forming a reversal candle (possible hammer doji on daily). Taken the geopolitical situation into account we might not reverse as fast as we'd wish to, but so far it is looking promising. Will keep you updated!
Altcoins Total Market Cap. Hammer Doji is forming on daily. Still early to tell, but this might be the start of a nice relief rally.
BTC bounce or die situation! ( Or correct a little bit more) .
ALGO crazy 45% run! When altcoins enter in their own bullish cycles, current market conditions do not/cannot affect them at all!
BTC calm before the storm! Have not been this bullish since 2017! Price consolidation under resistance in an uptrend usually breaks to the upside. BTC bulls in control.
COSMOS (ATOM) breakout retest almost complete. After another sweet +6% , comsmos is retesting the breakout. Time to bounce is due! Good entry point / time to add to positions. ( Risk is still present, don't forget that.)
ATOM possible breakout of falling wedge! Similar volume and strong buying activity just as with ALGO. If the breakout is successful - a possible 15%+ move is not out of the question. We might have to retest the breakout, but overall ATOM is looking strong. Be careful and don't go all in as buying at or closely above resistance is not an optimal entry.
ALGO trading above previous high! ALGO will attempt a move above 5000 sats TODAY. As strong as the hype around it is , we may as well be trading above 5000 sats by eod.
ALGO update. Already 11% since entry. Buyers looking strong (still).
ALGO above 200MA & forming three white soldiers on 1D. Measured move up should take it to 4400 Sats region.