Symbio_X

Symbio_X Updated 

Hello, Ethereum classic for some reason i dont understand went up 300% in the recent weeks. The merge of ethereum means that ETC will no longer receive "free upgrades" from the normal Ethereum because the code is no longer the same as ETC keeps proof of work while ETH is going proof of stake. The market thinks this is bullish for ETC, i think its bearish and the...

Symbio_X Updated 

Hello, altho Bitfinex is a dead exchange for some random reason the exchange token LEO is still near ATH. Leo seems to trade in a triangle and im planning to take a short at the resistance with close stoploss. Warning: I wouldnt be surprised if Bitfinex vanishes in this bear market. It is an exchange from criminals. Tether (which is from the guys from Bitfinex)...

Symbio_X Updated 

Hello, i always wondered why ampl market is so inefficient, its a algorhytmic stablecoin which stays arround 1 USD by changing its Supply. Historically its trading between 0.5-2 USD and is currently is at the resistance again...i dont understand why people are buying here, knowing it is going back to 1 USD. Shorting with 1x Leverage in my sell zone (red lines) is...

Symbio_X Updated 

Hello, eth is currently going up as the merge comes closer, this is an excellent time to short it as the bear market is far from over. In 2018 Eth had 1 big correction which i believe we are currently seeing in this bear market. This is just a "buy the rumors, sell the news" price action like seen many times in crypto. The Zone to short is pretty big, so this is...

Symbio_X Updated 

Hello, tron is one of the few coins which are still up in btc terms and i think if btc breaks down soon it should be one of the worst performers. TRX is trading still relatively high (compared to other alts) because of the USDD (Luna/UST copy) mechanism which burns Tron. And we all know how that went. Im short with a small ammount on Trx as i think it will go...

Symbio_X Updated 

Hello, GME is basically a Ponzi and i dont think they can come up with some bs synthetic hype that would push gme to new ATH´s. Indeed i think GME currently sits right at the resistance and it is propably a good short entry here. On its way down i expect GME will propably be target for new pump and dumps, so i would propably close short arround green...

Symbio_X Updated 

Hello, eth recently broke above a local resistance and alot of people should have moved their stoploss under the resistance (now support). It would be a shame if the price of eth would move shortly below their stop losses and then go up again, wouldnt it? Im planning to buy at the green bar with close stoplosses as i marked in the chart. im highly advicing to use...

Symbio_X Updated 

Hello, i usually dont touch shitcoins but ASD catched my attention as it looks insanely oversold even if it is on its way "to 0" ASD is a exchange coin for Ascendex exchange, its a pretty random pick i came up with as it was worst performing Coin in FTX in recent weeks. It looks to me that ASD is having a "capitulation" soonish and im eyeing to buy some at 0.02 -...

Symbio_X Updated 

Hello, Dollar is trading in a downtrend with lower highs and lower lows on a multi year timeframe. If we assume that we will see soon another Lower High then this would make up for a good Short setup. I think there are massive stop buy/sell orders above recent years high´s, my thesis is that we trigger these stoplosses (stop loss hunt) before DXY tanking...

Symbio_X Updated 

Hello, altho dropping further down is still a option i think it may be likely that we found local bottom soon. There are some big orders at Coinbase for btc at 20k and Eth 1000 USD, which gives further confidence in this setup. It seems likely to me that we range trade between red and green Zones. Having stop loss on eth at 960-70 in case im wrong (hopefully thats...

Symbio_X Updated 

Hello, I think Bitcoin cant grow with the pace we saw in the last decade and a prolonged Beartrend wouldnt surprise me (with likely no recovery). Bitcoins Marketcap reached 1.000.000.000$+ (1 Trillion) during the last Bullmarket. With such a marketcap it is in the same league as Apple, Amazon, Microsoft, Google and Tesla marketcap wise (just for you to get a...

Symbio_X Updated 

Hello, some time ago i noticed this, until yet, very accurate correlation between USDT.D and its effect on Crypto prices afterwards. I cant say for sure why it makes sense, my guess would be that Tether whales have an easy game manipulating prices when theyr market share in comparison to whole crypto marketcap is high, but thats just a theory as i cant proof it....

Symbio_X Updated 

Hello, i believe crypto and ethereum are gonna sh1tting the beds soon. Im bearish on crypto since month´s, i would have thought that it goes down faster but nonetheless the bearish scenario is still on track. Best shortterm case would be for eth to revisit the red curve once again altho i wouldnt bet on that and think we could see a major drop anytime soon. As...

Symbio_X Updated 

Hi, this is kinda experimental so take it with a grain of Salt. But until now its a nice Indicator. The Idea is basically whenever Tether market cap in proportion to Btc´s Marketcap is high (channel top), there´s soon coming a Bitcoin pump. (Tether goes BRRRRR) When Tethers marketcap is low (in comparison to btc), a drop often followed. We are soon about to get...

Symbio_X Updated 

Hi, originaly i thought here´s coming a big correction for Tesla which was kinda likely after a 10x run but as tesla is still holding rather up high i looked for other scenarios. Hisorically Tesla is pumping hard followed by multi year consolidation. So i present yah my consolidation scenario. First consolidation was a slightly rising channel . Now we may see a...

Symbio_X Updated 

Hello, UST is currently bouncing from the green support. If i should guess we will break it at some point and make new lows as this looks like dead cat bounces to me. The Supply is still at 11 Billion, down from 18B before the crash. so effectively 40% of the Supply got already converted back to Luna. still 60% more to go. The future of UST and if it has a chance...

Symbio_X Updated 

Hello, after a big sell off Anc is currently testing the resistance a second time. Its Total value locked went from 20 Billion to 100mil (currently, tendency getting lower) after the Luna disaster. Today its at +100% at binance and top spot in terms of percent. Anchor is propably as Luna dead and i think it could be worth shorting it at this resistance (with low...

Symbio_X Updated 

Hello this should be obviouse but there seem to be alot of people still buying Luna for some reason. 1. Dont look at Luna´s USD price, look at the marketcap. Its currently again at 1,5B when it should be 0. 1.5B is 1/25 of the Luna marketcap when it was at 100$+...so "only" 25x in usd price would mean luna is back at ATH. 2. As soon UST redemption is enabled...