thespinmatt

thespinmatt

Short term bullish on DOT, parachain auctions are coming on Nov 11, which will lead to increased buying pressure to lock up tokens. Noticing high buy pressure in that 40 /41 range, indicating a medium level support. Next level of resistance would be 33.00, based on large spike from 33 to 42. (27%) Above would be price discovery, and could aim for $56.45(2.618),...

thespinmatt

Avax look like it is sustaining macro buying pressure and reversing trend from its original high after dropping quickly. Entry looks positive with price currently sitting at upper limit of golden range. Could see trace up to new ATH in a couple of weeks ?

thespinmatt

KDA ranging in this slot with more Doji Candles. Still thinking support is around 5.75 with all the buying pressure when in that range. Higher lows are formed, but also lower highs? Daily looks like consolidation Wait and see...

thespinmatt

ETH is in price discovery, letting it ride might be the best course of action.... RSI holding support at about 55. Trying to figure out what that means... Still enough buying pressure to push the ATH higher to 4500$ ?

thespinmatt

Good examples of how XRP is a volatile and trades within a larger range, but has multiple trend reversals. Reminding myself of compounding swing trade gains (3 long,1 short). These are the obvious ones. Potential argument for swing trading in the purple box, although I Imagine, likely need to dig into the 1h and 4hr charts with some fib retracements to find...

thespinmatt

Quant Ranging between 260 and 330ish. Looks like selling pressure is strong, but the range keeps making higher highs, indicating that its ready to break out? Fib tool normally only used for ranging, but a quick look shows that the range's HL has entered the golden range. Theory: If HL can range above golden range, will it break out to the upside? I have no...

thespinmatt

KDA looks like its ranging between 5.75 and 7.50 ish range. Noticed a double top, but support has lots of buying pressure at 5.75 ish Unsure what would happen next, but it seems like itll range until a catalyst steps in ? Ranging, not Trending\ Chart looks oddly similar on the 1h and 4h. 1 day chart looks like lower highs and lower lows on the wicks, but...