raamraj

raamraj

I find the chart to be bullish - holding nicely above the lower channel . $7.40 is the immediate target

raamraj Updated 

Can see further selling of the index in coming weeks. Little risk-off and hold cash is a good thing at present moment.

raamraj

Media is painting false and negative picture that gold isn't a hedge against inflation but this is pure BS. The value of gold can outperform in next 1-2 years against all fiat currencies. The chart technicals are in favor too. Look to add more above 1800 level.

raamraj

The price action still favoring the bears right now. While you can add more BTC at current support level to DCA, but you may also need to weigh the outcome if the price resume to slide more from here. What I am looking for as a bullish trader, is to see a sudden burst in price in the next 2 days and push above 59600. This action should happen quickly to confirm me...

raamraj

Nothing burger so far and will remain like this unless we see price break above $59600 resistance level. Even so, the price would still be in consolidation for several weeks after that to shake off more weak hands before breaking above $70k. My view is that the big move will usher in after the New Year only, sad to say :(

raamraj

Range bound for over 100 days! Most bullish traders would have exited their trades by now as this asset was going nowhere. I think the next big move is pretty close now and one can still add this to their portfolio. Allow it to break above $14 for confirmation. $20 will be the 1st profit target. Good luck.

raamraj

I posted 5 days ago that BTC must break above 59600 to trigger a buy frenzy. However, BTC remains weak since. Now price is hovering between the 2 support levels and is not a strategic area to put any buy order here. Note, the bullish sentiment is still valid as long as price stays above 41k. This is based on Elliot wave rules. If price continues to slide lower, I...

raamraj

Coiling - range bound for 20 days. 200 period moving average is trending up which is bullish.

raamraj

Selling pressure could still dominate for a while unless we see price recover above 4265. Be cautious about initiating any buy order as the bears could still drag down the price further. Therefore lower your risk by placing buy orders on strength rather than when the price is dipping low.

raamraj

Honestly I missed the recent breakout to the upside. Yet still in a value zone. I entered with just 1/2 position now since it is not at a strategic entry level. If you are already holding, then look for profit taking around $3. Buying on any weakness going forward is a good thing to do. Good luck.

raamraj

Keeping my hand on the trigger to add more position (DCA) just above the support level ~59600. When price is able to pierce out of the support level, then we could see more buying pressure to follow and ultimately to push towards the next profit taking level ~80k. On the flip side, more time in consolidation is expected if we do not get the uptick soon.

raamraj

No bearish signal so far - support still holding up too. I would like to see the price get drawn toward the trendline to tell me a new all time high is near. If not, we could see the consolidation to last longer and continue to shake off more traders before resuming the uptrend. Price is still in a neutral zone - not in a level to sell or to add.

raamraj

Same chart I posted 2 weeks ago. Slow cooker but accumulation is still very evident. FYI - Market makers don't move an asset if they they don't have the majority holding. I plan to lock some profit @ $3, and be scaling out gradually above ATH.

raamraj

People are converting their gold to BTC and other cryptos by listening to some talking heads who hold nothing. Remember that assets move hard when people least expect it to do, it has been like this always. If you are holding some gold like me, then your long wait could come to fruition soon. I will be increasing my current 10% hold to 25% (before 2022). Near...

raamraj

Sellers are still in control but their effect may not be that significant as buyers will be stepping in too. $2.70 will be a good entry point and then add more around $2.50 if that's possible.

raamraj

We all know Storj is a value play but it is still in a consolidation state. I am going to set an alert at 1.71 level. At around this level the price momentum can usher in and the asset can move faster. $2.50 and $4 are critical levels to take profits. Good luck.

raamraj

The move is just starting after some hibernation. Not going to sell early.

raamraj

Starting to get the momentum we are all waiting for. 4000 and 5000 are the key levels to take some profits and ride the remaining above 6000-7000. Good luck.