With the recent Bullish move we have experienced across all markets, we find ETH approaching the major downtrend line for this current bear market. The last test of the Trend line occurred March 22', which then resulted in a major rejection sending ETH into a long term correction. With the overall economic state of the Global Markets it is hard to be bullish here,...
Contentos is a great project that saw a fair share of hype during the recent Bull Cycle, yet never saw its day above $0.08. None the less $COS is still a great project in my opinion and have been adding to my position well it was sitting in its Long-Term Demand Zone. With PA trading around half a cent, a trip back to LTF Supply would offer traders a return...
Bitcoin is forming one of its favorite reversal patterns "Inverse Head and Shoulders"; looking for a test then breakout of the neckline and continued buying pressure back to local supply in the 51.5-52K Range. Bears wanna jump at that "double top" Pattern on the smaller frames but big picture BTC is forming a beautiful reversal. Looking for strong buying pressure...
Currently watching for BTC bottom and uptrend confirmation; due to the recent PA for BTC we have no been longing anything but with how things are starting took look we will begin to look at possible positions as we await the BTC reversal. We are waiting to see how FIL reacts out of this downward wedge; looking for a break where we will then be anticipating entry...
In light of a recent mass liquidation we currently find ourselves in a beautiful opportunity to DCA our existing spot positions, or create positions in coins you have minimal to no exposure in. Asides from loading up our bags; we are currently watching BTC's descend to the bottom channel of the liq wick. As depicted in my previous posts, we currently have a short...
This Trade coincides with my previous idea revolving around BTCUSDT and its possible price action. Currently we are watching for how BTC moves towards it's retesting of the bottom channel of the dump wick; if our current Short to Long strategy comes to fruition and BTC makes one more rally towards 53K then it is expected for ETH to make one more movement towards...
A bull run mass liquidation is not detrimental to the long term mass adaption for BTC; but currently has steered us off path for the 100K EOY target ( Calculated from StocktoFlow Models). We saw billions of leveraged dollars get taken by the market and now were on the track to recovery. My current trade on BTC has yet to come to fruition as our fake out did not...
Taking into consideration external factors such as Nio's continuously increasing production and sales numbers; I am very bullish on their price action for the coming months. Nio's daily chart is forming a beautiful descending triangle and I am currently anticipating a bullish impulsive movement to the upside. Price is currently sitting in a key demand zone...
Your neighbour Alice is walking over knocking on your door asking you to board a spaceship with her. Her bags are packed and ubers called. LONG SL:14.25 TP1:18.250 TP2: 20.150