chickenboye

chickenboye Updated 

I think I successfully called the bottom in my previous monthly idea and we appear to be set up on the weekly for a big move. best case scenario is charted, a run to 0.016-18. In my opinion, this zone will have a lot of resistance and we will likely see signifigant pullback before inevetiably breaking 0.02 in the fall. Check out my monthly idea, which is more...

chickenboye Updated 

will this be a sell-the-news or buy-the-news event? chart looks like it wants to break out on this news with a potential floor forming at the $200 level github.com this is a historic moment no matter what the market says, it is a huge milestone in the already-impressive resilience factor that monero has.

chickenboye Updated 

Simple idea. More focused on capital preservation (purchasing power is ALL that matters!) than returns. You want savings? Buy boomer-rocks. You want higher risk:reward? Buy Monero.

chickenboye Updated 

Critical XMR/BTC levels: we are the 2015 spring high, the local top of 2016 spring, right before the 2017 take-off. Meanwhile, Monero's technology has done nothing but improve across the board: cheaper transactions, smaller transaction size, 2-minute block times, and privacy by default so strong that the world's most powerful tax-authority wants to pay anyone...

chickenboye Updated 

quick idea. declining volume, stagnating bitcoin price. ATM puts 2-3 weeks out from expiry look attractive for a quick play. I still think bitcoin has one last trick up it's sleeve, but it's not going parabolic just yet. PT: $48 this is not financial advice; I am not a financial advisor. Trade at your own risk.

chickenboye Updated 

Monero is a really interesting coin to me. I've been watching it for a while. It seems to be one of the few coins that is very-much anti-hype, and relies heavily on actual usage, community funding, and other measures of "organic growth". For a coin that has been battle-tested and around since 2014, you'd think it deserves a much higher price-tag! But where others...

chickenboye Updated 

We had quite a scare with treasury yields "Soaring" last Friday and now 1 trading day later with just a slight pullback on yields and we're back to normal, folks! Meanwhile $spy paints lower highs with less-than-convincing volume on the rebound. I'm not sure if I would necessarily go short or buy puts here, but I think it is risky being in $spy until we confirm...

chickenboye Updated 

On longer timeframes, this has historically been associated with momentum. I am looking to go long. We haven't been below 5750 since February. Yellow is ideal, red path is bearish (forgot to draw wicks, oops) alternative. 10k target is actually conservative to me. Talk to you all in 2019. Things that could blow this trade: BitMain, SEC/unforeseen negative...

chickenboye Updated 

Looking at NEO/USD 1D sticks, it's clear this is a make or break scenario: NEO is either in for a world of hurt with continued bleeding, or an epic rebound which I intend to long. If it goes the bleeding route, I wouldn't recommend longer-term shorts because the volatility or "dead-cat bounces" as some say will liquidate anyone with margin. Rationale: the...

chickenboye Updated 

Looking at the 1d candles here it looks like there could be a sloppy double-top which may have just recently broken its neckline on the way down indicating our little bullish recovery may experience rocky times to come. This could easily be very wrong; the next week is absolutely critical for the validity of this trade. I use bitmex for data because they have...