Pumptime
YFII WILL PUMP AT LEAST X4. HURRY UP AND BUY IT RIGHT NOW. See the chart and go to Binance too and see the order book. There is an order with +$170k on 1500 YFII price.
HURRY UP, BUT IT.
LONG - HOT - Trading OpportunityBTC pair starting to make some move above the support that held for weeks. USDT looking promising with more volume in every pump, good r/r.
Entry: 0.0007807
TP 1: 0.0008998
TP 2: 0.00010914
SL: 0.0006999
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NULS calling for the Bulls!With Bitcoin trending well above 4000$ for the past month, the market sentiment has shifted and NULS is not falling behind.
NULS was trading a range for 108days. The mid-term spike, backed by volume, to 0.00015BTC got my attention and NULS has been trending ever since. The bullish trend (HH>HL) is intact ever since the 10th of Jan low, puncturing through resistance lines, like a boss… NULS already realized a 130% gain of the low (@10k sats) and I think the bullish trend is far from over!
The 0.00015BTC zone is well established as support due to the 3 alternating touches, a zone that was previously a heavy resistance.
Things to consider:
>by looking at the visible range (volume) on the right, the support, lies at a market acceptance zone (also POC value).
>overall trading volume keeps expanding.
> Golden zone retracement (0.618>0.65 fib) of the low
You can always click the Horn and select make it mine to check the chart closely.
Disclaimer: This is not investment advice. This is only a personal idea. Always do your own research and only invest solely based on your own findings and personal judgement!
Long signal BottomFinder & BullFilter BCD Bitcoin DiamondAnalysis:
With a first ever occurance of BullFilter bottoming out at zero for a few days... This definitely means something significant is afoot. After bottoming BullFilter is now showing a bullish divergence while price is still flat.
Accumulation has been ongoing for almost a month now with no significant breaks to the downside.
Last point and its a BIG one. Please compare the market cap to price level for BCD versus literally any other cryptocurrency. Market caps generally tend to follow price. Right now the market cap is significantly out of wack compared to price and so we expect price movement soon. To see market cap data, coin market cap can be used .
Entry Point:
General Entry is this range is fine, just look for a local dip/low. $1.70-$1.80 would be good.
Take Profit:
The dashed red lines represent target take profit levels. We suggest cashing out 10% at T1, 25% T2, 50% T3, 15% T4.
Stop Loss:
We are already at the bottom here, so no stop loss. IF a significant drop were to happen, we would simple see it as a good opportunity to Dollar Cost Average our entry lower. So please reserve a portion of your base currency in case this situation arises. Its almost always a good idea to have a little on backup for a DCA. DCA point would potentially be around $1.50.
Upon completion of T1 move stop loss to entry point to secure a risk free trade. Additionally continue moving stop loss up by one target each time a new target it reached. i.e. when T2 is reached, move stoploss to T1 level.
This way you can ride out dips with no anxiety and automatically exit the trade in profit should you not be around to monitor!
Typical pump ahead! Look out for ELF.ELF just got the right mixture.
Binance, supply and a perfect timing!
ELF was added to my portfolio yesterday, and a chart preview was provided to Koinworld. I'll update my crypto spreadsheet right after I post. The date for purchase will be 6 January.
Fundamental
It's on Binance . That's where the money is, thats where the pumps happen.
Recently they just closed signups though, but money is already there.
Sidenote: With all the exchanges closed for new money, which exchange a coin is on is very important. That's been relevant for some time now, and should continue for a while (hoping for longest possible obviously) .
That's why Kucoin is the most likely place I'll go hunting for new coins in the upcoming days. Have not updated myself fully on all the exchange statuses though, but from my knowledge at this moment, Kucoin is the place.
We could try to look more deeply into the coin, but I'm not gonna do that. This is just a coin I'm in for the pump, then I'm out. If they show something impressive, maybe I'll buy back.
What I will go into is the pumpable aspects. Or more accuratly, will there be hype? And how is the supply looking for the next month?
I think there could be some hype. You don't need that much money either, it's on Binance and people are swimming in money over there!
That's the thing with ELF, its funded entirely by accredited investors. Us ordinary people didnt get a chance.
And that's where the supply comes into picture. Or maybe the demand vs supply is a better way of putting it.
Anyways. Very few people are in ELF, and I suspect many of those that are will hold for a good amount of time. I think the demand will be a lot higher than the supply in the next weeks.
If you head over to their bitcointalk page, you can also see that they did not sell that much of the ELF supply , the majority of it should be locked up atleast for the short term.
Only 25% sold to investors.
Now you could argue that it's marketcap is too high, and I would kinda agree. 500M at time of writing.
But which coin isnt? We are in speculation mode, and its no fun to sit on the sidelines!
Technical
Only been on Binance for a couple weeks, not much to go on.
I've placed some fibs out, and located targets and some support. But those could and will most likely change as we progress.
I'll keep updating this chart until we're at the finish line ;)
