TheWolfOfAltStreet

TheWolfOfAltStreet

It seems obvious that BTC is about to breakout to 28k. The falling wedge I posted a week ago is breaking out and this will be the trigger for a small pump. Personally I long here (no financial advice)

TheWolfOfAltStreet

After a long bitcoin downtrend, I expect this falling wedge to create a pump towards at least 28k in the long run. Keep in mind that lower prices can still be seen within this falling wedge before the breakout of the falling wedge will take place. Something to keep an eye on :-)

TheWolfOfAltStreet

At higher timeframes, bitcoin has ended up in a kind of falling wedge. The top of this pattern is around 23k. I don't expect a 23k breakout, but a test of this level seems logic.

TheWolfOfAltStreet Updated 

Currently, ethereum is in a bearish pennant, which is a clear signal of an even further downtrend. Looking at bitcoin reinforces that idea. Personally, I short here, expecting a bear market bottom for ethereum around $700-800.

TheWolfOfAltStreet

No chart formations this time. I've been following EXRD for quite some time and a 30% bounce from this level seems logical to me. Let's see how this plays out.

TheWolfOfAltStreet

EGLD has been in a downtrend from a price value of $213. After a long downtrend, the trendline has recently been broken and I expect some reaction to this. I expect a minimal pump towards $70. I know the crypto space is currently in a bear market, but this is purely a price speculation on the broken trendline after which some pump is quite plausible. I long EGLD...

TheWolfOfAltStreet

2 days ago I posted a chart with the idea that bitcoin could dump even further due to the formation of an adam and eve pattern. This pattern seems to be unfolding and so here's a chart update. My expectation is a dump further towards 16k. I also believe that this is the bear market bottom. I am going to open a long position around this 16k level which I will keep...

TheWolfOfAltStreet Updated 

This will most likely happen. We can see a "adam and eva" pattern forming on the charts, and that is a very bearisch sign. Im opening a short right here. Feel free to hit that follow button :-)

TheWolfOfAltStreet

This morning I opened a long on Tesla. Entry around 680 and target between 850 - 870. SL below 610. In my opinion a good risk reward ratio at the moment. When the target is reached, I will keep an eye on whether the price will be rejected here. This would potentially create a head and shoulders formation and provide an opportunity for a short position.