RaposaRacer

RaposaRacer

My second targed was reach. I took now profits from the farm, kept farming. The blue line shows a very consistent logical support. This is what I believe will be an accumulation zone.

RaposaRacer

Look at volume on daily: green candles surpass red one in a roll of days. That is enough to me; Accordingly to the stock to flow model, and this analysis, I would say 34k is a magnet. Let's go?

RaposaRacer

I just entered a margin trade on Binance Coin versus Bitcoin, after a sharp fall that mixed fundamentals and a support line on technicals. Considering the very structured and robust customer support that Binance has, with the very respected leadership of it's current CEO, a lower price like the one we see at the moment is considered by me a good entry point. I...

RaposaRacer

Laser eyes: #Bitcoin can go to $3.600 according to Peter Schiff. I don't disagree, and won't disrespect the guy who shout out the double top on this last bull run; But if the internet really takes place for the next 25 years, (reminging internet itself has only 39 years old) I don't see why such a well structured and self sufficient code won't get valued to the...

RaposaRacer

Another one in price discovery, #SDEX is the native token of a new DEX that developed a way to farm crypto without impermanent losses. I got the target of 0.0076(ish) since the Fib Fan lacks to measure well above the zero line (dotted) than I tossed a fork and it helps targeting; It needs volume here. Fundamentally, it's a good aquisition if the pink line holds as...

RaposaRacer

Arrbitrum reduces the load on Ethereum network, by dividing the transaction as a torrent divides a file. It is a new coin, with price data coming from March 2023 and it's still on price discovery. It had a major FOMO pump on it's release to $5 but sharply went to the current levels. My attempt is to accumulate a newborn asset while in a bear market. We will see...

RaposaRacer

Target one is reached. Usually after a beautiful cup and handle like this one, we see further upward price actions. Fundamentally, I don't think Real will sustain this trend of being valued, since the current president is a former prisioner charged for corruption and recently has been seen in Dubai with his 30y younger spouse in a hotel costing 60,000 reais per...

RaposaRacer Updated 

Here's an example on how I made profits just buying an oblivious token that had all the OVER SOLD signals. I'm using a set of indicators that showed me volume against price spread, RSI extremely low, and everything else. At any moment, it blasts up. Sold already. Gonna find another dip.

RaposaRacer

But of COURSE it is manipulated, we know. The thing is: positive volume is the same while price keeps falling here. When volume goes up we may see a spike like a Bollinger blast or something. I just bought Kusama token based on that observation. Awaiting.

RaposaRacer

As usual, sharp moves with fib support and indecisive candles are the easiest trades. I love to see flash pumps and mega crashes ;) Now the question is: Will the deal keep working and finally crude oil will take a break? this move up is the decisive moment; If we loose this support, I believe it's a change of direction at LEAST short term for oil.

RaposaRacer

To be checked. Sometimes descending triangles end up breaking up, 8 in 23 times if I'm not mistaken. Let's see if this is the case. Target would be 38k

RaposaRacer

Just for the record; I'm mapping Fib Time zone and looking at a very good perspective (and choppy) price action for Bitcoin until next top near 200k - when I believe that bonds will be a safe place to invest for people with billions. Buffet indicator is already long gone blown off and it's been a year that money is slowly flowing to BONDS, but the worse inflation...

RaposaRacer Updated 

Bears are not having a lot of strenght. Testing support MULTIPLE times already here, and the divergencies are bullish on RSI for 30 min, 45 min, 1 hour and the vollume is pointing up. Crescent buying vollume. We are getting massive dips on several tokens, all oversold, check the SCREENER... We can make a lot of money here. Buy the dip.

RaposaRacer

Here we go with RSI below 15, that is a great spot to buy and just wait. Anywhere near the last swing high is a cool exit.

RaposaRacer

So, it's been a while we find support in a pretty obvious level of a Fib fan, and I see a bunch of people mentioning more crash on the crypto markets. People want to look at crypto as an isolated asset, but we're far from being a general public's aquisition. We are in the era of big money coming in. And big money selling as well. I will start to post ideas on how...