This is my first slightly longer post about the crypto market in some time. Despite being an ETH post, I get more into the market as a whole in this post. Here, I will do a little analysis on the above ETH chart, but primarily I will speak about fundamentals, my accuracies and my inaccuracies, and why I continue to observe the market. Ethereum was my biggest...
External liquidity from 2017 year was grabbed, next I see V-shape pullback , it means great reaction for long trades. Next I see bullish order flow (OF) with local momentum on daily timeframe. If to say shortly , I am waiting for bullmarket for crypto in next half year .
closed out our shorts with some profit and flipped long here. 4h rsi eq feels like it's gonna hold. long to 2k and the weekly pivot. given ethbtc chart structure, think this is the stronger play for the week over btc.
I took a look back about when TRX first got listed in Binance to compare to this new token called HOT. For it cheap price in satoshi, and currently sitting on less than 100mi market cap, it does not seem impossible for this coin to pump, for example, 50x, NANO has had 5bi marketcap, and TRX has peaked to 16bi marketcap! How would it play out if HOT repeats TRX...