Silverbacked_Gorilla

Silverbacked_Gorilla

Watching MATIC... looking like it could possibly break it's local downtrend😎 Not much volume though, so we could see sideways till that arrives **please use stop loss as part of proper risk management**

Silverbacked_Gorilla

BTC BROUGHT MOST ALTS DIOWN, THIS ONE IS PRIMED FOR 47% MOVE TO THE UPOSIDE. FUNDAMENTALS SOLID TOO. SOLVES A PROBLEMS FOR HODLERS THAT DO'N'T WANT TO SELL THEIR CRYPTO WHICH CAN CREATE A TAXIBLE EVENT(YET BORROW AGAINST THEIR CRYPTO EQUITY) AND WITH BIDEN'S HIGH-BALL CAPITAL GAINS TAX SCARE (EVERYONE KNOWS HE DOES NOT HAVE FULL SUPPORT FORN IN THE SENATE) WE WILL...

Silverbacked_Gorilla

SELLING BTC AND JUMPING INTO ETH RIGHT NOW

Silverbacked_Gorilla

We broke out of a descending trendline and pumped, retraced before what I think is probable that we see a continuation to the upside. **Please use proper risk management**

Silverbacked_Gorilla

Structure is following the trend and as always I advocate setting a stop loss, generally I am accumulating for the next pump. This is NFT play link with Coinbase news.

Silverbacked_Gorilla

NOT SO MUCH LOOKING FOR A BOUNCE, RATHER ACCUMULATING MORE (DCA) WHILE AT THIS ZONE

Silverbacked_Gorilla Updated 

The biggest shortage in smart contract/defi crypto space is developers. CARTESI (CTSI) has been working for years and aims to be a layer 2 solution for "existing developers" to build out smart contract with high throughput (ETH ..cough) and low transaction fees. When I say existing developers, I mean all developers that make our other stuff and have done for...

Silverbacked_Gorilla Updated 

DEC has a huge following and community and Youtubers who are investing. I would consider the majority of holder as strong hands and if we see this play out, once we start to create a local uptrend, we could see the value start breaking up past $0.37 and then onto breaking all time highs. ETH is having a little pump to and I see some correlation there too. All in...

Silverbacked_Gorilla

This is simply a measured move, unless something happens to stop the momentum. This is how I am trading it. Even though it's over $60USD for a single transaction in the Ethereum network . Some Solidity devs think they are king shit and in short supply, the latter is true. But the market (DOT, ADA, users, etc,) have other plans if you guys don't fix the gas fees....

Silverbacked_Gorilla Updated 

Everyone is being told that Ethereum 2.0 proof of stake Blockchain is two months away. I have even seen reports of two weeks away! The Ethereum developers are the most conservative out of any chain. Why? They have the most to lose, being the number two crypto on the market by "market cap". The number of projects built on top of the ETH Blockchain has swelled due...

Silverbacked_Gorilla Updated 

Although the last week has bucked the downward trend of the dollar index, most large speculators are net short based on the "Commitment of traders". I wanted to put my thoughts out that I am short USD against JPY/CHF/CAD/NZD as they are the furthest away from the longer term trend. I am using pretty tight stops and re-entering if as required as I don't believe the...

Silverbacked_Gorilla Updated 

If we have a daily close in 20 mins at these levels, we have already broken out of a bull flag. 1.7x from here possible. Full disclosure I own a bag. Please use proper risk management apes and Degens;-)

Silverbacked_Gorilla

We have a confirmed bottom within this last run down coinciding with the big BTC drop. I don't think we would even be at these low levels without it. Yet we tested support and it was rejected. Watch your stop levels and enjoy the ride!