More detailed chart in this post, in the end investing is pretty easy, buy low sell high, bank some, let some profits run .. We broke a 4 year resistance on others.d ( altcoin domination ) , and closed the weekly candle above the resistance, when those BTC billions will flow into alts, i can def see new ATH's.. but crypto is pretty volatile and unpredictable. Good luck
Damage control in both directions, looks like the markup could flip into distribution and maybe then a markdown move, bank in time, dca in time, no sweat Support and resistances based on seller climax and automatic reaction moves
Just me setting up my trading strategy for the next weeks. Watch for a new low or a retest of previous low, and let people take short position, the moment the selling stops, and the buying begins, shorts will fuel the spring and it will start a new uptrend. ATH first target, don't forget to take profits from time to time, don't be greedy. Soon demand will...
Just me messing around with some market insight methods on EGLD chart : ) Sorry for the mess :D
And in the meantime, if you are into crypto, switch USD for USDT (equivalent of USD in cryptocurrency) on BINANCE for 6% APR and EURO for 3,21% APR on BINANCE trading platform.
No excessive overuse of indicators or trendlines or chart patterns, this is all there is to, the only enemy is your own mind/psychology. In the end, you buy LOW, you sell HIGHER :D If you missed the boat, you dont FOMO, patience = money $$$ Good luck
Trade carefully, alts are in overbought zone, usually markets move in waves, up to down and vica versa, but at certain times, we will break trough the roof of fall trough the bottom, i think soon will be one of those moments. Either hodl or bank some, greed can turn in regret. Good luck :)
Pretty scary, will others.d break this time its resistance around 12.55, or will alts get rekt hard and BTC have a new final wave up? Im pretty cautious these days. Good luck
We'll know it when we see it. Others.d (altcoin domination) is close to its 2017 ATH. Remember to use SL and preserve your hard earned profits. Trade safely !
Stay prepared, don't let the markets surprise you, invest smart. Either hodl trough all of it but risk seeing your investment -90% during bear market. Or ride the waves like a cool high-tech surfer. I included an indicator that measures the price HEAT, and as you can see, we are in an extreme greed fase. I also included the OTHERS.D , it's the dominance of...
We pump on the Kumo cloud, or we go under it, either way, i think this bullrun is far from over, and i would think off an exit plan the moment OTHERS.D (alt dominance) is 100%-200% of todays number. If LINK dumps, DCA, if it pumps, bank some profits Invest smart, if you are new, don't randomly ALL IN, keep always cash on the side to DCA ( down cost average ), if...
The pattern so far looks pretty much the same to me, the halving, a selloff, a rally, another selloff, another rally, ==> a huge DUMP of BTC into ALTS
Growth from 2020 halving to ?ATH? , i think there's more to come, on one hand we have diminishing returns every cycle, but this cycle we have insitutions like GRAYSCALE,MICROSTRAT, private companies like TESLA etc.. adopting crypto. Imo we have just seen a warmup so far in alts, and the real millionaires will be made soon..
As an investor/trader, i always try to anticipate the good/best AND the bad/worst case scenario's. Stay prepared and be smart and patiently. EGLD tech is a clear winner, no doubt about it. Led by a TOP MOTIVATED team. But price isn't always reflecting that. People will be FOMOing in this beauty when its too late, and then blame MANIPULATION :D Don't be late !
If we do 1% of the previous bullrun from HALVING to TOTAL2 ATH. Target ~1.8Trillion TOTAL2 MC I started counting from one halving to one ATH Remember, bulls make money, bears make money, pigs get slaughtered. Don't forget to bank some profits on the way up ! Good luck !
In case of a drop, i will down cost average at these levels. I got some buy orders ready to pick up coins of weak hands that bought at 210$ and are now selling at a loss. Keep your cool, and invest smart ! Either you hodl trough it all, or you take profits here and there and buy the good dips.
Always keep questioning your trading style, and decisiontaking. Keep it simple and smart !
With the recent Elon musk tweet, maybe BTC has its spark re-ignited. Time will tell, always make sure you've got a strong and smart position that no matter if it rises or falls, you are not exposed to too much risk. Got my alt and BTC bag ready, ready to DCA when needed, ready to take profits when needed. Be able to sleep no matter the outcome.