DaCryptologist

DaCryptologist

Bitcoin has liquidated close to 2B in longs in one night. It broke key levels of support in a flash. Is this the end? While everyone shows the up only scenarios, I will show you a very real possibility based on price action scenarios. Looking at the monthly chart, 47k would be a level to hold above this month if bulls want to try and reverse the trend sooner...

DaCryptologist

$bnb #binance  has been strong since it’s move from Sept. diagonal trend line support has multiple touches and also has been propped up by EMA & MA 50. If Bitcoin holds 53k and gives a relief bounce I think we could see a retest of resistance and potentially ATH. Close below 560 and green box is target reload zone. —————————————————————————————— Top 10...

DaCryptologist

Weekly view on left vs Daily on right. Weekly - tagged 20 MA and SuperTrend. As you can see on the last leg up we bounced nicely off of the 20 MA and shot up 70%. Support also at last swing high. Daily - fell below the 100 MA. Do not want to close below that... #Bitcoin $btc

DaCryptologist Updated 

$Algo #Algorand broke above .382 fib level that has acted as LTF resistance. Retesting the level as support and if it can swing back and close a H4 above .5, then swing to 2.35 is likely with more upside potential. Good R:R here IMO. Bitcoin needs to hold 56k for this to play out... —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into...

DaCryptologist Updated 

Daily TF Tested the 100 MA on the daily that has been a key level of support to hold over the last year. Also of note, every time $btc broke the 50 MA it tested the 100 MA. H4 held down by 20 and 50 EMA but 50 MA gave a bounce. Close above EMAs and 100 MA signals LTF reversal towards 60k again. Daily close below 100 MA would be uber bearish to me as the last...

DaCryptologist

$xrp #xrp at supertrend support on H4 sandwiched between the 50 MA. Daily picture looks like it found support at 200 EMA and could be forming a symmetrical triangle bottom. Red box should act as resistance on the way back up if bounce. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The...

DaCryptologist

$eth #ethereum eth/btc chart looking for a bullish throwback to breakout point which also coincides with .782 fib level. Ethereum could bust a big move again in the next week or so. One last big move to send us off to the end of the bull cycle? Could be...Get your $Alt bags ready for take off :) —————————————————————————————— Top 10 trading tips: 1. DO NOT...

DaCryptologist

Bart pattern in full effect but testing range lows. Close below 56k on H4 and 54k should be a given. Reversal signal would be close above 59k, but really bullish 60k. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be...

DaCryptologist

H4 about to close above broadening wedge. I would play this to the .786 level for good R:R here. UNI has been due for a nice move against the market. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the...

DaCryptologist Updated 

$avax #avalanche wouldn't be a bad idea to start scaling in here. Strong Volume at the tag of 20 MA and Super Trend. Multiple touch points on this parabolic curve that offered as support. .382 fib level support. Stop would be at 109. DYOR and GL! --------------------------------------------------------- Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2....

DaCryptologist

$BTC #Bitcoin bounce? Here are my reasons why… 1. H2 and H4 still OBV trending up 2. LTF Horizontal support base on this level 3. Diagonal TL support 4. Supertrend Support 5. Bitcoin instills fear and panic before big moves May still need to dump to 54k again but I think there is a good chance we bounce now to at least retest resistance one last time.

DaCryptologist

This is the last stand before HnS breakdown. Currently sitting at the golden pocket on fib retracement and well established horizontal support. Bounce above 3.87 (right shoulder) would invalidate HnS. If we get a H4 close below neckline I’ve listed the price target at around 1.77, but support base before PT. In Bull markets bearish patterns such as these...

DaCryptologist Updated 

BTC is still trading underneath resistance. Main point. No reason to jump the gun and get overly bullish at resistance, that is how you get rekt (especially trading with leverage). H4 posting Lower High after Lower High and BTC has yet to close past the previous Lower High. Meaning, still in downtrend until broken. #trendisyourfriend...see rule 8 below. Bitcoin...

DaCryptologist Updated 

When DOT decides to reclaim the $39 level on H4 time frame that will signal a long for me. PT and stop listed. It already broke out of smaller OBV wedge and is testing the wider time frame downtrend line. If it breaks out, we could have a massive long potential to at least retest ATH with potential for further upside. Definitely one to keep on your...

DaCryptologist

#shibainu #shib keeping an eye on this chart. Bounces and Rejections have been playing close to the Fib Extension levels. Break above .236 would be 15% to .382. A lot of room from .382 to golden pocket at 22%. You could also play it to the top with trailing stop.

DaCryptologist

DOGE is coiling in a descending wedge on the H4 and OBV. It is also forming an Inverse HnS. Price target listed for both patterns after a confirmed breakout. Also note, Downward trendline break that has been holding price down for 32 days. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The...

DaCryptologist

CRO looking to fly again here. Breakout of H4 downtrend on OBV and RSI and price action trend line. Should have another 7% to 1st resistance and potentially retest ATH within the next few days if BTC trends up. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy...

DaCryptologist

Cardano looks like it is in a wedge about to breakout with RSI and OBV on H1 showing bullish divergence. Good LTF trade set up here after a breakout of long downward trend line on HTF. Keep an eye on BTC as it is currently sitting at resistance and if it dumps it will tank the rest of the market. Wait for confirmed breakout before entering...