Silver approached the strong resistance around 28$. Price has been rejected multiple times, but now we can see a strong, tight consolidation building up slightly above the range. I longed some here, will add on a retest.
If we look at the Stockmarket and Bitcoin at the same time, you can see that back in 2017 the SP reached the first extension while Bitcoin was still hovering around its all time high. Bitcoin outperformed the SP only in the last fase of the bullrun and found its top earlier than stocks did. If we draw the same extensions on the latest price action, you can see...
When fetch reached 3,5$, I was arguing with a friend how low wave 4 would bring fetch.ai. I said that an 80% correction was not off the charts, cause that would mirror the last bullrun. My friend declared me for crazy. With all the hype around NVDA going on, this time had to different. And I liked to believe him, so we held on to our coins. Turns out this time is...
I think we're in the same consolidation zone for BTC like we did when we broke out at the beginning of this year. What did fetchai, when btc consolidated at the highs? It pumped, and thats exactly what i think will happen again this week. After that test the resistance at 50 cents back and let the bulls take control. My two cents.
my two previous posts were also about RNDR. In here we caught the move up from 9,5$ to 11$, and after that the pullback to the 50ma. I placed my new orders from 10,5 to 10,3$, almost all got hit. I think that the bottom is likely in, NVDA showed strong results so this dump is only created to make you scared and f*** up your longs. Well, are you scared? Good, i...
We're entering wave 5 for RNDR, bullish consolidation above the previous range like we saw numerous times before during this run. Big accounts calling for lower, this could be if bitcoin is gonna make a lower low. I assume the bottom is actually in and like to think the same for RNDR. Up from here, I've put some stops just below the 0,5 in case we retrace deeper...
We are heading into wave 5 of bitcoins blowoff top. Last consolidation, last chance to buy relative strong coins like RNDR. I see the whole crypto market topping in June, with the AI sector as the leading narrative. I expect one last pullback to the highs of our previous range ($9,5) before the bulls take over. I had a friend that is still holding on to his...
In my last posts I showed the way for Bitcoin, but how does Ethereum look if we take the fractal from last May? It may even be cleaner tbh. From the top until now every move was caught, even following the moving averages precisely. If the last leg down plays out too, we will pump from here to 3500s, followed by the last dump towards 2800$, testing back the same...
in my last post I shared the move up to 64k as the new top, but I might have counted the moves wrong. In this case, we still have to see 69k. ill update when im sure witch one it is
When I looked at BTC's price action from the start of the bullrun, I saw a lot of symmetry hidden in plain side. The movement from the bottom till the consolidation at 30k is repeating itself, and this would bring us at the same PA we saw last May. Coincidence? maybe. If this plays out further, I want to see an abrupt movement upwards. I'm gonna keep an eye on this.
Where are we in this cycle? I see a lot of discussion around this subject. People saying the parabolic move is about the start. I tend to believe we're not there yet. When we look at the total marketcap of altcoins, we can see this played out the same in 2020. Once we broke the bearmarket-high, we retested this zone as support, pumped a bit and correct after the...
cryptotwitter screaming for 23k, we'll never see those levels again imo. Before visiting 32k for the last time i think we have one more push upwards left. 38k aint a poc, 40-42k is. One more bearish div on the daily, trap more longs, "nuke" aka retest our old consoldationzone from above and after that 58k is closer than you think ;)
btc broke out of the range, months of consolidation lead to this point, only to reach 34k? keep on dreaming. 42k before november ends, followed by a retest of 32k, the last flush before the bullrun starts. 2016 all over again.
fractal from november playing out, nice top for eth at 2150 as said before, long rn for the last pullback, then the real nuke starts and imo the best buying opportunity of the coming months :)
Lost one of the most important levels, i shorted the bearish backtest on 2k and added on the last attempt to regain 1860. Doesn't look good for bulls imo. I dont want to close the trade before we reach 1150's, if we reach that level i'll be looking for longs only, possible bottom area before the real bull starts that will take us to new highs.
ether fractal to 2200 is half way there! I bought more ether last week, with the profits im gonna short the top @ 2150$ in may, imo the end of the bearmarketrally. Closing thaqt position at around 1200 and going all in ether there.
BTC D. on its last breath. We didn't see a bounce in BTC D. like the cycle before, ether showing unusual strength in the bear market, while this should be the time that EtH D. should decline. What's gonna happen when the next real bull run starts? Ether will outperform Bitcoin even more! a flipping is nearby, im gonna bet it all on ether, only for this cycle tho....