Nassy Longs Re-Entry 1/30/23Will execute this 0.5% & take this to the Gap.
Lets see Kings & Queens.
Lets have a blessed week!
Lets
NASSY LongsTook this opening price & stayed on the sidelines until the market tipped it hands to us.
Best entry was the FVG below the pictured entry. Looking to take this to Sundays Gap. Fair Value. Re-price there & should sell off, but will await to see what market wants to tip off
FILUSD WILL IT HIT 20X Sources Say YesBut listen Up Time is running out May 11th is not far away. And you will definatally want to be on top of this one asap. All jokes aside this may be your biggest money maker for 2022. These are the opportunities many wait for and never find or never see the opportunity until it is too late, and they miss out. Please remember what I am saying here because when we look back, I want you to Rember me for next time I post on a coin, and you say to yourself that guy was right last time, and I missed out once again. Don`t be that person.
Happy Trading
See You Soon
XRP/USDT(12H)drop to 0.5/??/This is one of the currencies that I hate, because it has always challenged me AND I also welcome anything that challenges me.
In the long run we have a static support area between the price of 0.54 / 0.64 which is very powerful.
My view is that the price will probably drop to 0.63/////Existence of purchase demand at this point will be approved
But sleeping the price below 0.5 is far from the mind, but seeing these points is not far from the mind.
Of course, in the current situation, the whole market has a great impac t on the news Especially the news of the war
In general, I do not expect the market to move upwards and this currency in these 15 days ///I mean the valid failure of dynamic resistance
SNX Looks Ready for a New Leg up. 1000%+ Potentialwe have bottom fib bounce with a bottomed out RSI on 1W timeframe. We are currently resting right at our VPOC for the entire chart.
SNX tends to be a very early mover on the market, and with a potential bounce here we have quite a bit of upward potential.
NKN - New Kinda Rocket Ship🚀1000%+?!🚀 NKN - one of my favourite sleeper projects, is looking to make it's way to the bank once again.
Significant volume spikes after the most recent breakout and retracement- this chart like to move QUICK when it moves and the volume spikes are a clear indicator something is going down.
Don't sleep on this - NKN is easily a coin that deserves a spot in the top 100 and still has a SIGNIFICANT way to go before getting there. So why not catch a ride?
ZIL - Long Term Pattern Showing Again - Keep An Eye on This!Zilliqa is one of my favourite charts to trade as it runs a very simple pattern generally of pumps and consolidations.
Indeed, we've got some history:
And now it looks like we've got a massive cup and handle on the weekly chart. This could be a MASSIVE move when this pattern breaks.
Volume is declined, RSI is bottomed but relatively still in a strong spot. We're below all EMA's but a correction back up will lead us right into a breakout.
Fundamentally ZIL is big for tokenization and with the NFT sector coming back strong from it's crash this is a chart to keep eyes on over the coming weeks.
CHZ - Chili bro's unite, it's going to the moon.CHZ is the flagship sportsfan token - with partnerships in a variety of sports most recently the UFC.
The chart is looking prime for a huge growth spurt. a series of breakouts - a bullish gartley - a double bottom. These are very good things to see on a chart alone, together they are excellent signs.
Buy some CHZ and enjoy the profits.
BTC:Those Who Do Not Learn From History Are Doomed To Repeat It.Let's take a proverbial breathe for a second and look at the big picture in this time of turmoil.
proportional to the 2017 bullrun, we're sitting in the same growth and retracement areas representative of the first wave of the bullrun.
in 2017 we saw 1k% gains after this point over the course of 154 days, followed by further alt growth in the weeks following BTC topping out before the market corrected back down massively.
Do you think history will repeat itself?
Remember: there are few constants in the world of finance - the limited number of BTC possible is one of them. Is Plan B correct?
I must admit, the similarities in the charts are peculiar.
Where is Crypto Going❓ Let's Take a Look👀After a weekend typified by extreme amounts of FUD, looks like the lights have started to shine through the clouds and have illuminated that crypto does indeed still exist. But for how long? Are we going back to 10k? Will everyone lose their life savings - AGAIN. Let's look.
But first, let's discuss the whole dump thing to get some context. It seems at this point it was at least somewhat a market manipulation event, with a lot of the initial cascade of BTC sold all at once to start it being collected over the weeks prior in small amounts. Would not surprise me if this was meant to coincide with the china ban (yeah again, and it still works! crazy!) in order to really get the gears going.
Anyway a bunch of retailers panicked, not helped by the lot of folks online shouting it's the start of the bear season we're all gonna be poor from every mountain top.
Honestly - if you were one of these people going around to your chat rooms spreading FUD you have nobody to blame for the market crash but yourself as you were a part of the problem.
Now, surprise, everyone is pro crypto and FOMO'ing back into the market. Really can't make this shit up.
Enough about this madness let's look at some weekly candles to ease our mind.
BITCOIN
BTC is holding on to a fairly firm EMA 50 weekly support, but of course we want to be above our 21 so if we can't rectify that situation ASAP we're looking at a short term bull trap or accumulation for quite a bit.
I believe my earlier prediction on this ultimately being quite bullish for alts still stands despite the retrace being sharper than expected - still within the boundaries. find that below:
RSI is in a great place for more growth, though TD9 is showing we could see more consolidation at this level or downside before the big reversal.
BITCOIN DOMINANCE
I use this chart as my road map for bullruns, as it works really really well. I suspect we're not done the bullrun as BTC.D still has a lot of cycle left to complete it seems.
We saw a Dead Cat Bounce I suspect back up to the channel we previously broke down out of, retracements are expected ultimately and the stopping point is crucial - here we can see that the retracement stopped right where we should see it stop for continued movement down. Remember, BTC.D dropping gives us alt season, we want this bastard to drop.
I suspect the floor around the 30-40% range, which gives us a good amount of market cap still to flood into the alts especially if money comes back into the market en masse.
When this completes it's movement downward I suspect we will be done with the bullrun for real.
TOTAL MARKET CAPITALIZATION
We stopped in our liquidity area from January, which is quite interesting from a technical perspective. Retracements are expected to stop in the liquidity area if you're expecting it to continue the movement afterwards, it seems that because the climb was so big, the retracement was likewise quite dramatic, but given the current stopping level I believe there's a good chance of continued a big bounce up from here.
TOTAL 2 - MARKET CAP EXCL. BTC (ALT CAP)
This is where things get interesting to me. While the market capitalization itself retrace to january levels, we see clearly by this and BTC.D that the alts has the same general movement of retracement, but to a much higher level than we saw in January. This further adds to my speculation that the bull run is not over, especially for the alt coins.
OVERALL THOUGHTS
If you bought this dip I think you're probably going to make a killing, at least in the short to mid term. If stock to flow is to be believe we could see BTC hit 100k or 200k+ if you're using STFX. After this point we could see up to an 80% retracement in the overall market, bringing us back down to the 20k level for a brief spell before normalizing.
The takeaway if we have more money to make here before we have to really worry, and those who hodl'd through the blood and bought the dip should see their testicular fortitude payoff soon. That said, make sure we're taking profit on this wave - Once we're done this leg it could be a while before we get another chance, though this leg could conceivably last in to early next year.
TRX 💎 Textbook Bullish Gartley, This looks interesting!🚀Looking at the TRX 1D chart, very interesting textbook harmonic seems to have shown up for the correction, implying there's a LOT more growth left for our dear Tron.
Are the bulls still in control? Will crypto disappear from existence? Who knows
Analysis for this one is on the chart, because I felt like mixing it up.
BTC 💎 A Bullish Argument For a 40k Retracement. ALTS GO 🚀🚀?!Looking at the current daily chart it looks like we could conceivably overwrite the previous bullish butterfly and get out a lovely bullish shark instead.
This would need us to retrace to 40k, but the good news is if we retrace to 40k, our next likely stop is 72k.
What does this mean for Alt Coins?
Well we're in an interesting spot. If we check out BTC Dominance below we can see that it appears to be in a complete and utter free fall.
The next "support" (take this term with a grain of salt as it's essentially an index chart) is 20% lower from the current dominance level. This is an insane amount of money considering the current market caps of most alt coins.
And most interesting, if we go back to our total 2 chart, which is market cap minus BTC... Well it looks like we've already broken out of the downtrend:
The last time this happened the market cap increase by 91% from the bottom point. Again an insane amount of money for alts.
Combine these factors with the amounts of breakouts currently happening on alt charts and we have all the potential for a BTC rejection propelling alts into the stratosphere.
If so, I'll meet you on the moon 🤘
BTC💎 Looking Like some More upside in the cards, After this...Looking at the BTC 2H chart, getting a pretty good sense that we're looking at a bullish setup here.
If we stop here we have a bullish Cypher ready to go, but I doubt we stop here for I have a feeling we're gonna see a bit more down first.
Increase H/S is about ready to give us the right shoulder at 51k.
This is in confluence with an oversold RSI approaching the premium reversal area and an interesting looking Deep Bullish Shark harmonic if we get to this level:
All of these signs are pointing towards a pretty slick reversal BTC in the near future, either right around here or a little lower.
Don't panic, The bulls are still running the show.💸
REN💎Time Again, My Old REN 🎯REN is an excellent project, and one of the earlier projects to take off on this overall alt run. Feels like forever ago!
Looks like we're almost done with the retracement and ready to swing up for our next leg of the journey. Already breaking out of the downtrend resistance with solid volume behind it.
I'm expecting a very strong movement here with the timing lining up to the current alt push.
NULS - The Next one to go? 🚀🚀NULS has broken out and has given a text book retrace to a weird resistance level, normally not this on point.
Looks like it's bout to go supernova.
Not much to it on this one: good project, Bullish chart that's broken out. I think if this isn't the next one to go it will go very soon.
GVT - Retrace Almost Complete/ Rocket Fueled?🚀🚀GVT Broke out as expected and may be in an optimal hopping on point from the retrace.
And what a textbook retrace it is, right to top level resistance, now turned support.
I expect this to move very quickly soon, MACD is still showing an uptrend despite the retrace and RSI is somewhat irrelevant here because of the length of the downtrend but has given us a little breathing room.
TD9 also just finished a 9 up before the retrace, leaving us with fresh canvas for a liftoff to occur.
💸QKC - More Gains Incoming, More Targets Mapped!💸easy 145% on the last QKCBTC movement
Looking like we can shape up for another 100% plus leg up here. Very bullish looking chart, breakout into a very bullish retrace.
We'll have to see if we bullflag here or breakout: volume has declined significantly and we could realistically consolidate for a while at this level from a purely TA perspecitve.
That said the alts are flying, QKC is in a great place fundamentally and appears to just be getting better with time as fine wine and good crypto projects tend to do.
Next targets are mapped for a bit as I won't be updating this idea for a while likely.
KEY🔑 - SELFKEY update - more short term targets mapped🚀As anticipated, KEY continues to absolute dominate the charts.
Months and months of consolidation at a relatively stable level acts like an elastic band in these situations - storing up buying power as accumulation goes on, until it finally *SNAPS*.
This much volume on this low of a market cap is always going to lead to crazy gains.
And fundamentally - everything is quite on point so far; no real deviation from plans. Combined with the obviously bullish technicals everything is pointing to this being a very profitable run from KEY.
More short term targets mapped but realistically we could see .3 area before too long with this much buy pressure.
DGB - Ready to put up gains? Long Term Potential 200%++🚀🚀DGB is a coin with some really cool fundamentals behind it and a surprisingly strong fanbase. And decent memes too.
Massive breakout has already occurred with a retrace to the top of our liquidity area. Should be a pretty straight shot moonward from here, minus the occasional retrace which as we've seen just recently can be a real divebomb with DGB.
Buy some, be patient, take profit regularly - and be a wealthy trader.