With BTC dominating the market and all Alts waiting on a correction it will be hard to break that trend channel in the short term. Since when BTC broke the triangle from 20k, it create a very stable Trend channel, and looks like it will respect it for now. Mayer multiples are over 2 RSI (not very accountable) is also very high. We are definitely over the on the...
Many Alts did not move like BTC yet and are waiting for a drop in BTC dominance to have that liquidity falling on them. This month is crucial for the next move on the Alts market.
ADA usually follows the trend line like a charm, and this could be the case where it would drop to lower areas of the channel before another pump. BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago. ALSO, more than 50% of ADA is in Staking and it looks like it will stay...
ADA usually follows the trend line like a charm, and this could be the case where it would drop to lower areas of the channel before another pump. BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago. ALSO, more than 50% of ADA is in Staking and it looks like it will stay...
ADA usually follows the trend line like a charm, and this could be the case where it would drop to lower areas of the channel before another pump. BUT, remember that ADA is on the last phase of the project and it will finish on March, it could SKY rocket to its ATH like it did 3 years ago. ALSO, more than 50% of ADA is in Staking and it looks like it will stay...
BTC could be testing 12100 this weekend again, it could trigger many altcoins to pump again, but be careful, for me it will be the time to sell, since greed is really high at the moment and BTC still have to break the 12100 resistance we could see a major dump after that. My first target for ADA is around 0,16 and afer that I believe in the continuation of the...
Troy is going strong these days, with the high staking reward they give this guys is just exploding to the upside. Which makes me think that we might see it pull back in the future, and then it will be a great buy in for the future. Thought on good prices to reenter that rocket?
It is likely that I´ll only buy the first order, but in case it fall I don´t believe it will go lower than the last support I traced. Have a good one guys, ADA is really strong for the future, leave your thoughts.
BTC made a great run so far, passing the 20k resistance that we wanted from 2017. It confirms that it will go up beautifully in the long run, but in the short term we need a pullback, those are the reasons why I believe it will pull back. 1)Greed at 76 2)dollar going up 3)stocks going down 4)GAP at 9600 5)weekly RSI is overbought 6)Big sell wall from 11800 to...
BTC is on a Long uptrend since when it broke the 20k resistance Line, we also just closed the GAP at 11800, and we are probably facing a pull back, some say we close another GAP around 9.5k, who knows. I think we will hover over the new support from the 20K for now on. Also Fear/Greed Index above 70 is not a good sign, in the short term we re definitely facing a...
The channel is being respected for such a long time now that we can easily place buy orders in the bottom of the channel. If you are holding the best thing would be to also place buy orders on the Fibonacci Retracement to make sure you will have a good average in case it falls.
3 days of upside movement, Tfuel is out of the triangle in an upside direction. I have no more to say, it´s risk but a great opportunity.
Theta Tv is having some good news on the platform, Nasa support and other partners coming in. And with BTC spiking as well it could trigger another 100% + move. I don´t recommend big investments but is definitely a good time to get in.
Since when I published that the Outflow model was in the lowest points BTC started to move up proving my point. Even though the graph was looking bearish we always have to keep an eye on the fundamentals. I am selling around 9900, if we consolidate the break of the triangle I´ll be back at it, if not I´ll buy again at the support. Have a good one guys! And always...
Since the outflow model shows BTC is beeing removed from exchanges, shows us that the bull run is close. It could definitely reach 8600 before, but with few BTCs in the market is very unlikely that it would dump again. All the last bull runs had the Outflow going down, with people transferring their BTCs to their wallet to HOLD. So I am very positive for August,...
ADA is looking strong and on my opinion if BTC is still not moving it will lateralize for a while I have two buying points that I consider to be very good, but if BTC does go lower then 8600 we are in trouble Thoughts?
ERD could be going to the downside but I still wouldn´t short it since it could pop up with a BTC break. In the other hand we could place good buy orders on the potential fall and make big profits in the future. Thoughts?
With that green support being respected, its safe to stay in the cripto market buying alts. I am only investing in alts because they are easier to predict if you understand the BTC graph, also dominance graph. As long as BTC keeps climbing that green support I am in the market trading alts.