Wednesday and Thursday market disruption continues. The pattern is switching mid-cycle making everyone uncomfortable. Thanks to everyone dropping me messages and sending screenshots of whales spoofing the market with 100-200 BTC bids at a mid-price point. I feel your pain, it does suck. Friday FOMO is on, position is long. Todays's forecast shows highs of 1410...
Be or not to be? Or in the cryptos world - what is the technical analysis worth when whales decide to party? Yesterday's market took many U-turns due to a handful of traders spoofing the market with 30-150m USD so-called "Pumps and Dumps". It is unclear if it has totally changed the declining pattern of cryptos at the mid-way point. At the time of writing,...
What a day was yesterday! Whales throwing jabs up and down at BTC sending ripple effects all across the crypto market. Today's forecast remains similar to the one yesterday. ETH seems to have strong resistance at 1250, however, it is likely to break it and drop to the lows of 1220-1200. At the time of writing the immediate bounceback range could be 1300, however,...
This week started as usual with cryptos at BTC mercy. Sharp declines in BTC towards the end of the day pushed all coins down and majority bounced at the mid-way point. High volatility is great for day traders. ETH is slow to recover and suggest a further decline. At the time of writing it was a market move point. ETH may bounce back to 1350 rage, however, drop to...
The uneventful weekend ended with a market shock. While the market and BTC remained relatively at the same level, ETH skyrocketed to the new record levels! Now, early Monday morning shows positive stability above the 1400 mark, if the price drops below 1380 it may trigger a large market selloff.
After easy Saturday of testing the midway point, ETH broke trough 1300 and have potential to head to 1400. Logically, it may bounce between 1280 and 1350, however, good Sunday mood creeps in to push it to a long position. Happy Sunday everyone! 💸
Cryptos at BTC mercy. ETH squeezed tight at the midway point. There is a good opportunity for quick small time trades while you bench Netflix on your couch 🛋😴 Buy below 1230 and take profit for anything above 1280. Don`t forget to use your better judgement, it's your money after all 😉
After 2 year break in trading, my first attempts to find some leading indicators for ETH. After ETH dropped to a new 1w low, it is expected to recover to the midway point of 1275 today.
This is my first article here. I hope everyone will like it and I am very much looking forward for comments from people who could give a data driven prove to support or deny my scenarios. Recently there has been more and more conversations in regards "Will Tax Day cause a surge". Thomas Lee with similar articles articles state that there will be a huge price...