Planning to building position on CAKE
Monitoring this to see if it happens.
plotted MATIC macro trendline. looking to enter back into this sometime at the end of May.
Could be a double top, and likely trend lower based on the BTC correction. We are still holding onto SHIB, this is our DOGE alternative play. DOGE will likely head to $1 this cycle, due to lower market cap, SHIB will likely outperform. As well, if the Shiba exchanges come online, could be quite bullish. If SHIB does not fit into investment thesis, considering...
Targets for next pumps
Slightly below prediction line, but we believe it will catch up soon
Extrapolating from the two previous pumps. We are expecting the best case for ADA is to reach $3.2. Major resistance to watch out for: $2, $2.23, $2.5, $2.77, $3
Could easily see 10% upside gain in the next few hours to days
next point of interest is approximately $59500
$2 being a psychological barrier. $2.77 being a top fib leve.
$2 being a big psychological barrier. $2.77 being the top fib level on the weekly chart
If we can break out of the current resistance, expect a major green candle!!
Was expecting this for a while, the BTC dump had delayed this. Just need a few green daily candles and we can try to break out the current trend zone.
A raising tide lifts all boats. Expect most cryptocurrency to increase in prices
Setting up a price target and date range for the next BNB move
Expecting BNB to follow previous market structure. We observe a 20% reduction in upward gains in the last leg up. Extrapolate forward, the current leg up can push us to $1100 levels.
Binance has over $50 million dollar sell orders by $0.7 level. Judging by the order books, I think we are near the top. Over $372 million sell orders on binance for doge up to the $1 level.
Doge have far exceeded all of our expectations. Updated our Fib level and using it as a guide for the next potential target. Is pretty hard to gage the top for DOGE, we will probably not going to get it but we will be looking at the hourly candles for large up and down wicks as a clue for market top. Along side with RSI measurements.