Typical hight and tight flag / wedge with resistance around 43.5K. Breakout Range at 45 which we see before New Years. Following a substantial retrace heading into the larger 24' bull run of 4/24
I spent all weekend watching The Big Short. It was actually my first time. incredible by the way. Let's get into the chart. Fundamentals justify upward price movement as we head into upgrades to ETH, staking supported by Coinbase, and protocol changes that will result in a deflationary behavior. The renovations to ETH are much needed and have been part of years...
It doesn't get more Ascending Triangle Pattern than this. 1. Beacuse this is in a clear uptrend. 2. Repeated asc tri behavior increases chances of repeat. Fundamentals show standard flow to ETH after BTC price surge as investors look to shift into other assets with more room. The RSI is comfortably in a place where it has been in the last few breakouts... so...
I criticized a bold claim yesterday. Today I point out a bold claim. I respect boldness in general. For that reason I want this post to be different than any other you read for a while. I hope to call attention to an almost indisputable reality. One that leaves the only remaining debate left to be between your inner level of discipline and its' connection to...
Get ready for takeoff. (Sentence for the hypebeasts). I purged every other indicator off this chart to keep it simple and highlight LRC as one of the next surging tokens. As a decentralized protocol for trading, it can be leveraged across all exchanges and ETH tokens. I like to encourage education and not spoonfeed all the answers. More research and proof is...
Perhaps I don't post enough. One reason is I like to be right (and put my money where my mouth is). Another is I don't want to mislead or have someone put their money where my pocket is... So with that said. I want to analyze the analysis of out there for this specific purpose. Mainly because I saw a handful of featured bearish claims on BTC, that also didn't...
Similar to the GameStop NYSE:GME situation. I see SEC charges and Ripple's value proposition only driving this further as a "stick it to the system" move.
Buy AFTER breakout and on confirmation to avoid the risk but capture the reward.
This was covered in previous post... but ADA will likely follow a linear lead ahead of BTC for a week or so before moving parabolic against BTC.... which BTC alone could move with parabolic strength towards end of month. This play could last around a month (150 tiks). Backtested strategies and moving evidence support this. I will not be mad if this ends up...
This setup looks promising off of historical data and the prospect of outpacing any BTC moves. Despite a high RSI... this position could last up to 26+ days.. so that's irrelevant in the long run. I've found this to strategy to be effective on the 4h timeframe because it does not give up on short movements when the long term momentum is still pulling upwards.
Headed into a neutral squeeze is ideal in more ways than it seems. With sensitivity to upcoming events like the election and the quest for a covid vaccine there's opportunity to move BTC down or up. What compounds the opportunity in this case is the fact that this push is neutral enough that bears will become bulls if bullish and bulls will become bearish if...
The past few days proved to be the BTC final testing phase to see if price could push to higher highs. Failure to break out of the cloud resistance is starting to show potential breakdown which could head to lower support levels. BTC is running out of time on the short term to maintain the current support as each test on the resistance has not been met with any...
I accidentally deleted my first draft of this so this is the condensed blunt version. *Leaving Tradelandia* Imagine your friend Bob is throwing a big party this weekend and it sounds like it's going to be good one. The trend is movement. The trend is whether or not people are going to the party... not necessarily the quality of the party itself. One more...
Consider this your free premium signal and watch alert. When I was in middle school / high school I had mild acne. It was controllable and not too humiliating.. but required constant care. However, I eventually noticed that whenever I would eat certain foods... like a greasy burger or pizza... it was a guaranteed breakout. BTC is in that highschool phase where...
I love Ichimoku clouds given they are one of the few indicators where just a little visual representation can say a lot. That's rare. In this case, entering the cloud means an extremely highly likely hood it will go end-to-end.. meaning this will extend to the top part of the cloud. This is because the cloud represents a gap in resistance.. meaning it the top...
I've noticed a lot of ideas being shared of "Long" on BTC in the past 24 hours.. and most are with regards to daily and weekly. So I get it and I agree. But everything percent matters to me right now. If we want to get technical instead of personal attacks, this will pull back towards the Kijun and MA... so I'm out for a quick short that will only last a few hours...
Sometimes you get caught up in the moment... and make some decisions you regret... Right now might be that moment. Sometimes you need to take a step back and realize "tonight's not the night to make the move...". Step Back Let history shed light on the future. These next few 5%-10% climbs are the ones you want to miss out on. There are so many other cryptos...