Is the monthly chart the only way to eliminate the noise and see the longterm path? Is the monthly chart ema’s now the support?
This patter support the idea HODLers are accumulating and that why the supply on exchanges keeps dropping. This trumps any short term bears. BTC will continue to surprise and Munger will call it a bubble. However the fundamentals support this price and further price rise. Is Munger not a fundamental analysis specialist?
When I combined a simple technical weekly chart pattern and the fundamentals of BTC continuing to drop on exchanges, I induce we are forming a bull flag accumulation zone. HODL’ers are accumulating and storing off exchanges while newbies and those that have never fully studied BTC, monetary policy, fiat history and money markets are selling on any little dip. HODL...
We recently had bullish divergence on 1 and 4 hr time frames. Now we are developing a classics bump and run reversal patter. If we can hold the support after the throw back go risk reward to see $70,000 sooner than many think. Stock to Flow X Plan B could be right on point!
13 ema historically strong support. Convergence with bullish divergence on 4hr MACD and RSI. Strong support area at 50,000. May go lower and the zone is very strong support down to 43,000. This is BTC and crypto don’t miss the boat don’t put all your eggs into short term trading. If you haven’t already start building your personal balance sheet and be part of the...
Bullish divergence on the 4 hour MACD and RSI. Good sign selling momentum is fading. You could trade this if you like. I am a BTC spot investor this gives me conviction to HODL and add to my position and choose to take all my interest on Blockfi in BTC to build my long term position. Getting paid in BTC on my ETH, LTC and LINK this month. Fundamental behind BTC...
Chart says it all. Go altseason! Hold for longer term BAT break out or flip to get some more ETH
FILUSD looks to have found its bottom. See the bullish divergence on the 4 hr chart. If you are interested in decentralized file storage as an investor, now maybe a great time to enter for 2021 bull market in altcoins with Ethereum looking to break all time highs. Ethereum to follow BTC move...? Then altcoins to store. Filecoin is a great project to disrupt...
For long term investors this is a decent place to enter and hold. Cronos is a great stock to sell covered calls against as the call premiums are high. Sell calls 2-6 weeks out of the money and collect the income until you get called. Strong cash position to endure the research and development strategy of Cronos. Doesn't hurt to have Marlboro (Altria - ticker...
Covid 19 has put blood on the streets of the oil tanker sector. There is RSI bullish divergence on the weekly time frame. Idea to take a longterm position here and sell cover calls outside the money 30-45 days out. If you get called out no big deal and great trade. If not collect income with the calls until your stock gets called. The more the calls are out...
On a zoomed out timeframe this is easier to see. Double bottom and consolidation around the .78 Fib retracement on the monthly time frame. The RSI is rising & the MACD is looking to create a cross to bullish. The fundamentals are strong on Cronos and back by Altria (Marlboro). Solid risk reward opportunity on the longer time frame if you don't get caught up in...
50 EMA acted as support during bull run. Price closed above 50 EMA last week. Looking to close week above $7-$7.30 and then start wave up to 200 EMA area. Fundamental picture looks good for Cronos, with lots of cash, strong strategic partnerships (Marlboro Man) and regulations moving towards federal and widespread global legalization. I'm an investor on this...
Looking for bullish engulfing pattern and then extend into new highs... Volatility expected in the coming weeks and waiting for confirmation of bullish engulfing candlesticks... Everybody thinks doom and gloom is coming again. I don’t think the move up is finished
Testing yesterdays open area. Bid supporting price now support and legged up to test yesterday's high and continue to new highs
Falling back to previous highs, then rebuild momentum for another leg up maybe after some consolidation in this area
Longer time frame with monthly candles. Buy area for Schiff Pitchfork. For investors this is bullish, fundamentals and global economic policy is bullish, hashrate is becoming a bullish signal. Just HODL and count your chickens in 18-24 months. Likely beat most novice traders who will donate their hard earned money to the WHALES and PROS