As you can see on the Eth chart aavegotchi consolidated in an Eth-outperforming pattern. Now Matic stepping up their promotion and delivering on plasma, it will show soon that the migration of aavegotchi to layer 2 was probably a very good decision. Short lived incentives on yield farms are suddenly possible for people with low capital as well. Switching farms,...
They say don't trade against the trend, and the trend is your friend. But if you ask me, bitcoin has lost its trend. There is no clear direction anymore. From my experience this means there might be large wicks coming to a consolidation in the 35000-38000 range before a big trade can be made. It is normal to be stopped out of your trades if you actually want to...
Last year McAfee AntiVirus didn't went public very well and its stock needed quite some time to recover. But right now it is obvious the trend has reversed and it is strongly heading upwards reaching all time highs. These sort of tech stocks are classified as risky, though from my own perspective. I can't imagine a decrease in cyber security and big data expenses...
I tried to estimate a proper reversal based on the average true range in a traditional way on this point and figure charts. There's a great short oppertunity at very low costs. TBF I declare this a no-trading zone. But if I had to pick right now, I consider shorting the safest option
added some extensive TA to the alteryx chart (:
i'm investing in data. Can write a long story about why, but simply put. Data is the new Oil of our society.
storj is one of the first cones to be listed on zksync's flagship product. There might be a good chunk of accumulation going on, considering the current market dynamics, it is at least odd that storj can hold their frame like this.
This might seem the reversal we're waiting for, with the long legged Doji on 8 and 9, with the price in the lower range of fibonacci, it might suggest there's a lot of room for number to go up whilst we're returning to mean.
here you can see the previous trigger and can fit it in the larger trend with simple trendlines
as you can see it triggers for very interesting entries in the market. However it is important to find a larger pattern here which seems most likely to happen.
The Instantaneous Trendline was created by John Ehlers (Rocket Science For Traders pgs 109-110) and this indicator is perfect for determining the medium to long term trend. Buy when the indicator line is green and sell when it is red. Thanks to lazybear
the dreaded inverse cup n handle is a chart pattern I've only recently heard people talking about and think it's quite funny. Lets see if this chart pattern completes
As you can see the ADX on the weekly has been so low that this has never happened in the history of WABI. When it comes to promises, potential and delivering, the coming two weeks will be conclusive to the whole story.
After profitting from this majestic inverse head and shoulders, this potential bullflag might become the truth! since grayscale is disbanding their XRP fund, their ripple refugee's need somewhere to go. The investors with a certain risk appetite are flowing into $zen right now.
Deposit your eth on cream now as collateral and stake eth 2.0 at the same time hurr durr
Augur's prediction market will be supported by L2 automated market making