MoneyMakingMuro

MoneyMakingMuro

Folks, Will there be a retest of lower prices before breaking trough the resistance levels... I like to keep it quite simple.. The edge i personally use for my own strategy is making use of price action, Elliot wave theory, candlesticks reading, momentum and RSI.. Momentum is because the way it is constructed the preceder of price.. We see a lower high and new...

MoneyMakingMuro

Folks, Long time about writing about bitcoin.. I am very curious about what the price is going to do, nearing resistance... Are we going to break it or are we going to BREAK (!!) it? i hope the second of course.. The signs given by the oscillators are quite normal in the early stage of new impulse moves and bull cycles.. I don't think to worry about it to...

MoneyMakingMuro

Folks, Here at SHIBA... Everyone wants to make money while trading.. but always be aware of possible danger and use stop loss. Because it can all be gone by a flits... Looking at SHIBA I think we are ready for a next pump... when we break trough the levels shown on the chart.. Fasten your seatbelts... never forget... When you are trading you are in a strong...

MoneyMakingMuro

Folks, We back at it again.. You know tuning the charts is what makes me happy and i love doing it.. I am here with a carefree state of mind.. so nothing on the chart can cause me to feel fear or euphoria.. I am totally open for what the market perspective is offering me.. There is only 1 truth and I really mean 1 truth in trading... that is how you feel.....

MoneyMakingMuro

Folks, We are in a situation where we don't know which side to trade... Looking closer on the 15 min chart we see at least the price making higher lows.. What I personally intent to do is looking in to the bigger picture.. The total crypto market (moment of writing) is making green figures and there is a positive sentiment.. At least we are dealing in a...

MoneyMakingMuro

Folks, Be aware of possible trend change in the chart of SHIBA.. A double top is being formed wait for confirmation..

MoneyMakingMuro

Folks, CHILIZ still one of those coins I personally have high hopes of because it operates as a social coin and is giving real value to people.. We saw a breakout earlier on the daily chart with a corrective move now.. If we look up closer for example on the 1 hour chart we see a falling wedge pattern with the RSI around 51 and still a little trend...

MoneyMakingMuro

Folks, Another Ascending triangle is being formed on the 15 min chart.. This is normally a bullish pattern and we should breakout upside.. However because this is a high probability game be aware of a scenario we move out of apex and go sideways.. Worst case scenario we breakout below..

MoneyMakingMuro

Folks, On the 15th min chart we see a bullish symmetrical triangle.. Normally it will continue the prior trend. Note that i say normally.. It is all probability..

MoneyMakingMuro

Folks, When looking more closely on the 15 min chart we see a rising wedge pattern getting formed. This is potentially dangerous. Note the word potentially. Like in court a suspect is innocent until proven he or she is quilty Same here.. just have your eyes open and don't be to greedy. thoughts?

MoneyMakingMuro

Folks, What do you think about this scenario ?? any plans or visions about ONT? I am very curious!

MoneyMakingMuro

Folks, My update on SHIBA.. People in crypto have heard this one lately.. SHIBA inu. To the moon ?? Possibly. If I have learned one thing in my career is that the trend is really your friend. But that trend also needs to pause to correct itself and to continue afterwards. The point of being a good trader is to see these first signals of trend reversals and...

MoneyMakingMuro

Folks, What about REN... To my surprise not only the technical looks great but also the fundamentals in the essence of the TOTAL supply of tokens. Check it on coin market cap and you'll see the total supply is fully diluted. The Megaphone pattern normally forms after major market moves and is a projection of a market that is out of control and unusually...

MoneyMakingMuro

FOLKS, Algorand has had a quite a rally and the trend I believe is still in the game.. We have had a positive decline a uptrend.. we are forming a POTENTIAL double bottom because the potential is because we haven't already broke the level the trough was while forming the double top. I believe the market wants to see the ALL TIME HIGH got broken and we will...

MoneyMakingMuro

Folks, We back at it again! You didn't hear anything of me quite some time because I started to take this seriously and started to aggressively read books about psychology and technical analysis. Because I started to realize about myself that I started to trade out of fear and because of this I lost sight of the opportunities provided by the market!!! I got...

MoneyMakingMuro

Folks, As I have been very interested in the Polkadot ecosystem and I am also very interested in projects that are built on the Polkadot ecosystem. Here is 1 that is interesting.. ONTOLOGY! From the Technical perspective this has a quite steady rising curve.. Even without lots of momentum the price is making steady gains. What I see now at the daily chart...

MoneyMakingMuro

Folks, As BTC is in a consolidating phase we can look out to some alt coins who definitely will be ready to rally.. As I have posted earlier I am looking more in to the BTC pairs.. because a lot of them are still bottoming out and ready to rally where as most of the USDT pairs already have made a rally. How long will a trading range exist? It can differ from...

MoneyMakingMuro

Folks, Here is another one.. take a look at the ZIL/USDT chart and take a look at the ZIL/BTC chart.. What's the difference? There is a lot to gain in the BTC pairs.