AnnoyedShiba

AnnoyedShiba

Any crypto investor must be familiarized with historical areas to Dollar Cost Average or generally buy into the market. With a volatile asset class such as Crypto, things can move very fast. There are a wide array of indicators in use to predict a market bottom. Today we will showcase a prediction using moving averages and RSI only. 1. Below the 2 year moving...

AnnoyedShiba

For this idea I am assuming support levels at ~40,000 hold. After Breakout of RSI expecting a momentum shift to the upside. Expect resistance at levels referenced.

AnnoyedShiba Updated 

This idea is to short BTC as we have a divergence in BTC raising price and the MACD and RSI. Although I am bullish long term, I believe we may fall to the bull market support bands. Once we reach the support bands it will be key to see if BTC holds this before estimating future price action. Take care yall.

AnnoyedShiba

KRAKEN:XMRUSD Today we will be exploring the correlations between the 2017 Bitcoin market cycle and the current Monero market cycle. Below is a chart showing the Fibonacci retracement from the previous Bitcoin market cycle top to the 2017 market cycle top. It is important to note here that up to the Fibonacci 0.236 level is the accumulation zone for the...

AnnoyedShiba

KRAKEN:XMRUSD Bearish pennant forming. Although I am bulling on Monero long term bearish pennant should bring us down short term