Sirin Labs whatever SRNUntil yesterday I have never heard of SRN (Sirin Labs), but when it made a 1000% in less than a day, it's hard to ignore.
SRN jebaited a pullback on the 17th, could have been a 10% short but it didn't feel right. Obviously some have already told you that they caught the short from that June 17th top and made a sweet +50%, good for them.
SRN is attempting another pullback (Short), it'll be clear if that's in play in about 1-3 hours, if confirmed I'll target 0.012255, with a heavy hand on Close order.
If my thesis holds, SRN might do a higher low around 0.012255, then wait for a Pullback to Long and target 0.023435. Although looking at the army of wicks, I'm going to reevaluate my targets in a few hours.
Considering how easy this moves, super low volume and low cap, don't consider SRN unless you know what you're doing. The chart tells us when to enter and exit, not a hypothetical target.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
Pump
100% Bounce Rate since 2013Fun indicator - Distance from the Moving Average (100 Daily)
Price finds a way to get far overextended from moving averages before needing to dial back the momentum.
Right now, the price has deviated far away from the 100 daily Moving Average.
Every single time the distance from the MA reached this level, there was at least a 50% move upwards from that bottom.
So, a 50% price increase makes my take profit area 30k.
May the odds ever be in your favor.
BTC starting wave 5 of weekIn monthly i have no idea about BTC because in my idea this at the moment is very sensitive about bubble bursting. But in weekly we can see it just closed wave 4 of week (Elliott wave) and if this is the last bullrun (monthly waves) so i want to see Head and shoulders or Triple top pattern in there. Psychology will be excited if the BTC break ATH 3 times in a shortime and that's what I want to see. Wish you successful trading and control your emotions.
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
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a BTC correlation that no one talks aboutSomething I'm wary of are geopolitical events under the hood. Past capitulations of $btc required that $usoil AND traditional markets to decline. So far, USOIL has not seen a capitulation, and a BTC bottom might not be confirmed until USOIL reverses and finds its bottom.
Macro indicator & misc. targets update:
6/03/22
Current Price: $29,700
RSI 3W: 2.7 points from bottom
BB %B 3W: Bottom hit
CCI 3W: Bottom hit
CMF 10D: Bottom hit
MFI 10D: Bottom hit
200W EMA: $27,100 - hit
200W MA: $22,100 - n/a
200W SMA: $17,700 - n/a
85% drop: $10,000 - n/a
Recession/Major US war involvement: $4,000 - n/a
Bitcoin was created out of the ashes of the global financial crisis, it *should* do well in the face of another one; however, that's ultimately up for the people to decide. May the odds ever be in your favor.
Thanks for playing
Relationship Between BTC.D and BTC price and Altcoin priceshello friends today i want to tell you how can you peredict altcoins behavaior according to the
bitcoin price and bitcoin dominance.
so come with me to say you how it works:
liek you can see in below chart :
if BTC price increase and BTC .D( Bitcoin Dominance) increase too ====> Altcoins price decreases.
if BTC price decrease and BTC .D increase ====> Altcoins price Dump and decrase heavy.this is dump phase.
if BTC price go sidewalk(without up or down) and BTC .D increase ====>Altcoins price dont change and this is accumulation phase.
if BTC price increase and BTC .D decrease ====> Altcoins price increase quickly and this is altseason.
if BTC price decrease and BTC .D decrase too ====> Altcoins prices go sideways.
if BTC price go sidewalk and BTC .D decrease ====> Altcoins prices increase.
hope this article be useful for you.
please support me for more useful subjects.
thanks friends.
Lets pump it back babyawesome project.
Copperlaunch was good. Game launch was buggy, but right now most of all bugs solved and we can play.
Gather and craft and wait for the big wave. This P2E game will rock this year.
May was terrible especially for projects like this, but correction will come in june and we bounce back to the 2,2-2,6 levels.
DXY ShortTerm UpdateDXY is holding above the downtrend channel, as well formed a small falling wedge pattern within the channel which in cases like this is bullish. Also on the RSI it has bounced off the same support line which caused a pump right after, if DXY breaks out the wedge and resistance on the RSI. We could be looking at a short term pump for DXY during the first week of june, thus causing BTC to drop down further in price.
SHIBA the major support and the last chance 📖💡Hello every one
the last chance for shibusdt
Based on the chart
the price is close to the major support and better to say the previous zone that started its amazing pumping to the upside ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
and
if we lose this area, we will see more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
TSLATSLA may bounce off the given buy zone.. and then get right into the next buy zone in the 400's
Watch for a move above that 727 level. 820 can come if it breaks above there.
Continued selling of course can follow still in the days to come as we've seen the last few weeks, although I can not ignore my support levels that I mapped out weeks ago prior to these levels being now reached.
400's load up.
BTC bullish scenario in Bear market !!!! RISKY LONG #BTCUSDT on daily tf thus forming falling wedge pattern and price is consolidating at the support trendline and 30k (critical Support) If bounce in 4h tf breaking the symmetrical triangle formation to the upside may send BTC to test the 200DEMA which is inline with the upper resistance trendline of the wedge. Losing the 30K level will be anticipated by huge shorts and downward momentum. Levels to watch on breaking down are 23k and 19k.
TSLAAs stated in my previous TSLA post if we close below 696 on any given week we're going to be going lower on it and the inverse h&s play is likely invalid.
696 is a very important level and if it gets sliced it's going to :
680
650
support lvls below
Really need a bounce at 696 or 680 to keep a range in tact otherwise there's more sell to come on it! I'd really like to see a break above 730 on Tsla for continued upside otherwise I'm convinced we're going lower soon. I'll be waiting to purchase towards 650 and lower for my next set of shares for the long term portfolio.