Casey22

Casey22 Updated 

Chart pattern is not ideal or the greatest to me, but it feels like w have some sort of bottoming formation going on, being that we hit the .618 from the original bull run LINK underwent. And with BTC in a bull phase, it is hard to imagine the rest of crypto not going with it. It looks like a poorly constructed inverse H&S . Ugly looking, but the $13 and some...

Casey22

The biggest exchange in crypto, with the best initial coin offering (IEO) strategy, and Binance committed to returning value to users of its exchange, this cup and handle looks promising. Looking at BNB market cap, hovering around $4 billion, one could surmise this company being worth somewhere between 10x (conservative) and 100x of its current market cap. This...

Casey22

Can short here, with stop below yellow neck trend line. Can long on breakout of pink line. Best of luck trading.

Casey22

Quick hit - potential re-test of $9,500. We are in a bull phase. I know some will be anything below $10k as bearish, and this will turn out to be the ideal place to load up for a long term move, up to $17k to start. We are not bearish, just getting a dip to buy.

Casey22

People who may think that this is going to be a pump and sell-off are going to get pushed out of their positions, but I see this long consolidation to a breakout very similar to that of the January 2019 breakout. January 2019 spent a bit more time, occurred after a capitulation, and overall looks rather bullish to me. Strong hands will win out regardless. Best...

Casey22

I would write a lot but its pretty apparent what is going on here.

Casey22

A case study. Making higher highs within a reasonable timeline while diverging significantly on RSI. Was clear that we were not going to moon. And I, as have stated in my other posts, believe we will test ~$7k. Best of luck traders.

Casey22

Whether we get the channel in yellow to the downside, or a more immediate downside (the pink curve), I do think we are going down to base between 0.5 and .618. I know, it is FOMO time because we just had post halving and the run to $250K is beginning, how can we not go up. I do think now is a time to be buying small chunks and buying all the way down to $6k....

Casey22 Updated 

Hi traders, just sharing some thoughts. Short term: Break descending trend line for an ultimate bull trap, Medium Term: Fall back into triandle, towards summer/fall, targeting $7k. This would make a beautiful right shoulder for inverse H&S. Longer term: Breakout to $17k in December, early 2021 for the *start* of the bull run. More tricks to be played as this...

Casey22 Updated 

Very simply analysis so "apologies" for not having a million confusing channels and worthless trendlines, I will try better in my next analysis. Non-log scale. Sold off right at the trend line, like magic (...computer based magic... of course). Question is, where do we go from here. In my opinion, we bust out of this trend line within the next couple of weeks,...

Casey22

There is little doubt in my mind that we are in the start of a large bear market. The start, even though we sold off to 220 and retraced to 290. Dead cat bounce. Dead cat bounce very high. 30 million unemployed in the US alone in 1 month, travel and leisure being decimated, blue collar workers laid off and white collar workers to come next (in the summer,...

Casey22

Same pattern which is on a lot of the crypto charts, and which I just posted about for BCH. But for some reason I do not trust it. Good thing is that it is easily tradable with stop loss below the trend line... Just be careful with this one.

Casey22

Well, my previous analysis on the BCH ascending triangle did not work out, but I can at least blame Covid and a liquidity crisis. Pretty clear ascending triangle on BCH, which is fairly buyable on this trend or at breakout for a target around $340, which will be a 40-45% move up. Tight stop loss below the descending triangle, but not too tight so you don't get...

Casey22 Updated 

Just buy it in here. Not hard.

Casey22

Well, here we are. Can check my previous posts for a daily analysis, targeting 7700-8k range. But.. this is it, isn't it? The sell off all have been waiting for. The time at which the bull run truly begins. Before the halving, fear (albeit controlled) hit the market. Hitting the bottom of the long term growth curve. Business, people, institutions, all ready to...

Casey22

Seems like a wild call. But around May-June timeframe I firmly believe United will be around $40, if not sooner. This covid-19 disease has pretty much stopped air travel. You might think you saw your airport with people in there and other anecdotal stories. But I know many But I can tell you that business travel has been cut to almost zero. I know this is a...

Casey22 Updated 

Downside. First, we go through some downside. I see more than likely targeting $250. Alts in general do not hold up well with the .618. SO I think the .786 is a fair place to head. That will be in conjunction with the ascending triangle for a long term breakout to come. Anyways, anything above $550 at this point, and we will have some significant gains. Good...

Casey22

I hate being too dramatic. Only way to be a good trader is to be rational, unemotional. Not throw soda at the computer monitor because a stupid wick washed you out of a position. Not saying it happened. But I really believe we are seeing the end of the 4-digits for bitcoin. The halving is coming, the chart, with this sell-off I would argue, is looking more and...