tradinggrey

tradinggrey Jul 6, 2022

We've become Neutral to Bullish on Chainlink, LINK , sitting in a Hold with slight Accumulation zone. The support area around ($7.85) couldn't hold and we are below the Daily Downtrend Line, with the next stop being the ($4.60) Support Area. We've included potential profit taking levels for the way up. If history repeats itself, Chainlink likes to start and stop...

tradinggrey Jul 6, 2022

We are Bullish on Komodo, KMD , and think maybe it has found a bottom. It is down 96% from its high in April of 2021, similar to the timing of the LINK high in 2021. The Horizontal Support Line at ($0.177) was been established and we are bouncing off. The Weekly Downtrend Line was broken and we retested the Support Line. We have a Buy signal and continue to stay...

tradinggrey Jun 29, 2022

We are still Bearish on Bitcoin, BTC , with the three SELL signals fired in early April, another Bear Flag formed from May to June, and then the Horizontal Support Line at ($28,975) was broken. BTC has gone down further touching the ($19,620) Support Area and currently forming a Symetrical Triangle. Bitcoin is down over 50% since the indicators in April and 70%...

tradinggrey Jun 21, 2022

We've turned Bearish on Cardano, ADA , relatively quickly since breaking above the Daily Downtrend Line and the Buy signals from the Engineer. The Sell signals came in about two weeks later and we preserved our capital but also stayed above the Daily Downtrend Line. The Vasil Hard Fork is right around the corner but pushed back until late July (instead of June)...

tradinggrey Jun 21, 2022

We are currently getting Bullish signals on Celsius Network, CEL , but these past few weeks have us a little bit hesitant placing a trade with Celsius. This is the most important difference and benefit between the Algorithmic Engineer that we use and the other crypto bots, we can sometimes decide to hold off on a trade if we are NOT fundamentally ready. We have...

tradinggrey Jun 21, 2022

We are currently Bearish on NEAR Protocol, NEAR , and we have gone down quite a bit since our last analysis in May. We are down over 80% since the All Time High and that ($2.10) Support Area would be almost a 90% decline. We prefer to wait for some Buy signals from the Engineer but we are trying to break upwards on the Daily Downtrend Line. We remain Bearish on...

tradinggrey Jun 17, 2022

We are Bearish on Amazon, AMZN , with the three SELL signals fired in January, 2022. The Monthly Uptrend Line on the Weekly Chart was broken for the first time since 2014. AMZN has gone down further getting closer to the ($95.00) Support Area. Amazon is down over 26% since the indicators in January and 40% since the All Time High in November 2021. The most recent...

tradinggrey Jun 15, 2022

We are still Bearish on Bitcoin, BTC , with the three SELL signals fired in early April, another Bear Flag formed from May to June, and then the Horizontal Support Line at ($28,975) was broken. BTC has gone down further touching the ($19,620) Support Area. Bitcoin is down over 50% since the indicators in April and 70% since the All Time High in November 2021. The...

tradinggrey Jun 15, 2022

We are still Bearish on Ethereum, ETH , since early April with the signals from the Engineer and the Bear Flag formation. The Horizontal Support Line at ($1,414) and Daily Downtrend Line were both shattered and then continued downward. We are down around 67% since the indicators started at the ($3,500) Resistance Area and down over 75% since the ATH. The Daily...

tradinggrey Jun 8, 2022

We've become Bullish on Chainlink, LINK , and we also have an announcement with an updated roadmap with staking included. The support area around ($7.85) has been stable for almost a month; similar to Bitcoin's ($29,000 - $31,000) range. Will we go lower to the ($4.60) range or blast off in the next couple weeks? We are still below both the Daily and Weekly...

tradinggrey Jun 2, 2022

What happened to Luna Terra, wow! A 100% drop in price over a weeks time. The Engineer warned us months ago, April 10, right around the All Time High over $100. We are not invested in this project nor have we traded but feel horrible for the investors already involved. Not Financial Advice...Trade with Confidence and Control.

tradinggrey Jun 2, 2022

We've turned Bearish on Solana, SOL , since April 11, 2022. We are below both the Daily and Weekly Downtrend Line, lost the ($97.50) Support, and the ($36.00) Support Area is next in line. We are down 60% since April and over 85% since the All Time High of ($259.00). The ($36.00) Support Area is a 85% drop from the ATH and the next level is the ($19.00)...

tradinggrey Jun 2, 2022

We've turned Bullish on Cardano, ADA . Still above the Daily Downtrend Line and two Buy signals from the Engineer. The Vasil Hard Fork is right around the corner. We will take some profits at the ($0.75) Resistance Area but we will probably see Cardano reclaim the ($1.00) price very soon thereafter. Not Financial Advice...Trade with Confidence and Control.

tradinggrey May 26, 2022

We are Bearish on Polygon Network, MATIC , since early April, 2022. The Horizontal Resistance Line at ($1.600) could not hold support very long, the Horizontal Support Line at ($1.060) was shattered, and the price drop continued all the way down to ($0.600). The 200-Day Moving Average couldn't be reclaimed, the Daily Downtrend Line has also been broken, and we...

tradinggrey May 24, 2022

We are Bearish on Ankr Protocol, ANKR , since early April, but wow, the allies that this project is bringing on board is amazing! To name a few in no particular order of greatness; Solana SOL , Binance Coin BNB , Ethereum ETH , Syscoin SYS , Matic Network MATIC , Near Protocol NEAR , and IoTex IOTX . We will name a few more; Avalanche AVAX , Polkadot ...

tradinggrey May 20, 2022

Competitiveness and Drama were always unfolding with Justin, but Tron still has one of the fastest blockchain networks in the entire space; and they have been around since 2017. The speed and affordability of the stable coin transfers is unmatched! We are still Bullish on Tron, TRX, above the Daily Downtrend, above the Weekly Downtrend, above the ($0.062)...

tradinggrey May 18, 2022

Along with BTC and ETH, we are Bearish on Cardano, ADA . The Daily Downtrend Line is almost being traced to that amazing entry price at ($0.35) in June and July. While BTC and ETH saw their peaks in November, ADA had a price top in early September. We can DCA in this Green Zone, but we remain Bearish on ADA for the time being. Not Financial Advice...Trade with...

tradinggrey May 18, 2022

We are still Bearish on Ethereum, ETH since early April. We did have a Bear Flag formation similar to the Bitcoin, BTC chart. The Horizontal Support Line at ($1928) was shattered and then reclaimed as Support. The Daily Downtrend Line has also been broken, reclaimed, and is now trying to hold. We are down around 44% since the indicators started and that ($3,500)...