Cryptocoin
Victor Cobra Goes On A Walk - Altcoin Analysis From RODRIGOVictor Cobra needed to take a break. I, Rodrigo, present some analysis on Bitcoin dominance, and the following coins: LTC, ETH, XLM, NANO, NEO, and VET.
Hope you enjoy! Clearly this is for fun, and shouldn't be taken as financial advice.
Yours truly,
~RODRIGO
BTC short positions in dangerIf BTC closes 4hr candle out of this triangle then short positions are in danger.
BTC LongMany people thinks BTC is falling down, and i was one of them. But today i discovered positive RSI divergence. Also btc is still on the EMA 50 mean while it looks like breaking out symmetric triangle.
Dogecoin, possible set updogecoin is looking interesting to us for a quick in quick out to previous high, what we are seeing after the sell off is buy pressure coming in but it has yet to break its monthly zone (blue zone) so when price does break that zone we know that buyers are back in control then we can wait for price action and entry confirmation for a trade to the upside.
ADAGBP H4 - Long SetupADAGBP H4
With the small exception of the slight dip below demand, we have pretty much followed these trading zones to a tee.
The slight dip was maybe due to the weekend UK bank holiday, lighter trading conditions. But pushing resistance again now with the clear higher low sequence, a break above would be perfect.
We can then look to trade long and add to our long investment positions upon a relevant retest.
Ethereum moving to the upside?crypto has had a bit pf a hard time recently but for Ethereum it looks lime it could be making higher highs on the lower timeframe and breaking above its monthly zone. what we see on Ethereum is that its more attractive to retail investors because of its price, so people are buying Ethereum over bitcoin as they can get more for their money. but technically it also looks good as we seem to be seeing buy pressure from our monthly and staying above that level. what we will be looking for now is entry confirmation for a trade to previous high.
"LONG TERM" on BTCUSDUsing the information that Miracle Viewer gives me today would seem that the short interest of corporations does not tend to dampen on BTCUSD
On the part of the institutions, let alone, given that they have just started to sell so they will probably increase their shares of short in the coming months.
Trying to make a longer-term analysis on Bitcoin you notice that there are no big supports, the price went up too fast and without a break so there are no supports on which to base a price recovery.
The first support to offer a good support I could locate it around 17k usd
It will be appropriate to review the analysis in the next few days but this is my overall view at the moment and why I am accumulating short positions on BTCUSD
good trading at all.
This idea is based on a MMiracle viewer indicator below, in this page you can find a link to the free advisor Marketmiracle, that use MMiracle Viewer for generating signals.
BCDUSDT We have a very nice buying opportunity at the prices between the price of 1.95 and the price of 1.85, there are high trading volumes and the demand for the currency, so the level is the focal point of the BCD as we saw before the rise to the price of 11.50 that it has been based on it several times, which confirms to us. The strength of the perpendicular level
BTCUSD Projection Seems to be moving as forecastedThis is just my technical analysis and forecast
You can follow my related ideas and see how I've forecasted almost accurately as to the current market conditions
Bitcoin is valid on the channel for 8 yearsExamining the Bitcoin chart, it can be concluded that it has been moving in a valid upward channel since early 2013. As we can see, it is currently engaged with the midline of the chanal and has the potential to fall to the bottom of the canal as well.
SHORTING FLM, Inflationary coins are going to get HIT HARD.The market is shaken, BTCUSDT has fallen below the 200 MA a historically vital support for any bullish trend.
ETHUSDT has tanked and most of the market with it.
FLMUSDT has an inflationary supply meaning the total number of coins increases over time.
In a market that has lost it's confidence this can only mean the price will continue in a downward trajectory as more supply is added and we have decreasing demand.
FLMUSDT is in a clear downtrend just like the rest of the market, but has shown signs of weakness before this correction.
I'm betting it's going to continue the downtrend with some strength.
Long ALICEUSDTALICEUSDT to have a shoot to 16.0000 after the retest of the 10.9493 support line on the 4HR time frame.
EGLDBinance announced competition for EGLD. Volume still very low is a sign for sharp impulse move coming.
ANKRUSD Long setupReally good opportunity, I personally would wait until it breaks to go heavy on this position. ANKR will help eth2.0 with denodes Good correlation Enjoy
VENUS (XVS) IN PROFIT! How to Take Profit & Trade Risk FreeThanks, Aqua Hydro Man for the reminder for the update on this coin!
We are in profit and in this video, my objective is to teach you how to eliminate risk as soon as possible. In addition to moving trade into break even (placing sell limits near your entry), you will learn how to use a trailing stop method which allowed you to dynamically move your sell limit higher and higher so that you can allow the trade to run while mitigated the downside in case of a fall.
This is thousand dollar info that your fave gurus charge, FOR FREE! So please just give me LIKE and SUB on youtube guys, I want to grow our community more than I want you guys to pay me!
XLM/BTC - Double Weekly Bullish Cross This is a short post. Since Bitcoin dominance has broken down and settled near the 50% level, we might expect altcoins to continue outperforming, perhaps even until the market reaches its eventual cycle peak.
Here, you can see that the 9 week EMA (orange) and the 50 week MA (red) have both crossed over the 100 (yellow). If these Moving Averages continue to support the ratio, I think XLM can make some extraordinary gains on the BTC pair. This could still take some weeks to play out, or it can happen now. The MACD is also showing that volatility has completely flatlined, meaning that a huge move could be immanent.
One of my main USD targets for XLM is the $5 level. If XLM reaches the 5000 sats with Bitcoin merely doubling from here, that puts XLM price in that range. The fact that XLM has made a long term HIGHER low against Bitcoin is also significant. In 2017, the low was near 100 sats. In 2020, the low was in the 300-500 sat range, as shown on this chart. Just using basic trend analysis, one can even expect XLM/BTC to make a new high. If it doesn't that will present the possibility of broader range-bound behavior, which would also be useful for profit optimization during crypto bull cycles in the future.
Let's see what happens! None of this is meant to be financial advice. This is for speculative purposes only.
-Victor Cobra
Oasis Network (Rose) Price Prediction - When To Buy - 2x - 5xQuick update on rose. Glad we waited because we retraced deeper to the 61% fib. If you had entry limits set up you should be up quite a bit already! If you missed the opportunity we might see a retracement as we respect his zone (016) as resistance.
Victor Cobra's Crypto Market Update 5.2.2021 (Part 2)Part two of my market update. I continue to discuss Ethereum, but I talk a bit more about NANO, LTC, NEO, and SLT.
Thanks for watching!
This is not financial advice - again, this is for my personal record and meant for speculative purposes only.
-Victor Cobra
