I am liking the build up for KNC, The KNC/BTC pairing is shaping up for a very large inverse head and shoulders on the weekly time frame. I have been long for quite a while as i like to play the longer cycles but upon confirmation above the resistance I will look to add some KNC
Weekly bullish - higher lows and higher highs - SMS indicator BUY
Long on Silver, (ASX = overvalued) + (Silver = undervalued) = $$$
Ethereum is looking good to continue making gains against BTC, the BTC dominance is testing the bottom line of resistance. If we break below that resistance ALTS will take off. lets wait and see
Loving the close of the weekly (and monthly) candle here. Looks like we have broken the multi year trend, We will wait for some volume to follow up now. Expecting another solid green monthly candle inbound! Plenty of upside for ETH coming IMO, We have a really nice channel on the daily time frame which i will post in an update.
A little bit of foresight here but looking bullish on the weekly to test the top line of resistance which would create the Dragonfly Doji. We will look to make considerable BTC gains. Waiting till the monthly close before we get too excited!
I am very excited to see the break up or down on this chart. I am leaning towards Alts but BTC store of value debate is pretty relevant so happy to wait and see how it plays out! Comment below what you think :)
Inverse head and shoulder building, just need a a confirmation. looking positive for bitcoin. long term bullish. Halving + Print machine going Brrr + Stock to Flow model has us at fair value + Lets see how we close
Thought i would just throw it up there, it looks so obvious the way i see it. I am expecting this to play out with potentially a post halving decline of sorts to take profit but i am seeing this as a nice long play. There seems to be a good buzz in the crypto space. Give me your thoughts people, happy to hear some other ideas!
My thoughts are that the next short term move for BTC will be big for the overall picture. I'd love to get a discussion going here with why you think its going to go in a particular direction, at the end of the day this market moves because of psychology. Having a rational conversation about what your current view is on this market is actually an effective trading...
Yo peeps, pretty fresh to the trading scene. As we can see Cryptocurrency are going crazy right now. Ive been looking at the technicals for it and seems like its lagging but has just looked to double bottom on the daily time frame. This is what i am seeing on the shorter time frames which could be poised to take off. What do you all think? Happy to take any pointers