cryptodonovan

cryptodonovan Updated 

I previously estimated where altcoins might find support, and I was right... for a few weeks.... but we didn't get a serious relief rally before losing that level. Contagion has spread and 2 more giga-firms Celsius and 3AC may be insolvent / forced sellers.... And now we are a 7% drop away from a potentially very significant level... It's the 200SMA on the 1W...

cryptodonovan

Updated my TOTAL2 macro chart - I called the timing/level of the market rally in my first version based on TA. Reviving this chart because once again, blood is in the water. I'm not predicting it will catch support and rally again at the exact same level; I'm merely reminding you that this is the next significant level of POTENTIAL support, and there's still a...

cryptodonovan

What's a reasonable point to start accumulating SOL? .... I'm asking because really I have no idea. First of all, I think it's way too early to be accumulating anything other than BTC and ETH. I feel like SOL has one of the stronger communities, lots of Devs building on it, etc, but the damn chain keeps going down... that's not supposed to happen in a bear...

cryptodonovan Updated 

ENS has completely decoupled from the rest of the market and is up ~45% in one day. TA helped me spot the opportunity and I called the bottoming pattern on my previous post, but the real fundamental driver here is that ENS domains are the current NFT craze - cointelegraph.com Last night it perfectly retested the 12hr 200SMA / 1D 50 & 100 SMA which sent it soaring...

cryptodonovan Updated 

If I had to guess, the crypto market minus BTC still has ~10% of bleeding left to do before it hits previous support. Forgot to check but that's like a few billion at least. Breakdown & bear retest of 200 on 3D supports this idea Breakdown into oversold RSI on 3D indicates we may see a bounce soon - but it could also get stuck down there for a while while we...

cryptodonovan Updated 

ADA has hit resistance and has seen increasing price on decreasing volume. The chart could turn out to be a huge bottoming pattern, but short term I want to see a retrace. Totally possible that I'm wrong and this is just the beginning of a mega rally for alts. In which case, feel free to counter-trade this idea XD happy trades, CD

cryptodonovan Updated 

ENS is down bad since it's bull run highs... like 90% or so. And we just had a pretty ugly weekly candle that erased the previous 2 weeks gains. That doesn't mean it can't keep going lower. However, I can't help but see a potential inv H&S forming around the support zone ENS is currently retesting. This trade is high risk and obviously depends on BTC finding...

cryptodonovan Updated 

Might get in trouble for sharing this little dose of hopium because the recent downtrend definitely does not support it... but screw it!! Some very bullish news pumped XTZ's price last week when Ubisoft announced it would sell gaming NFTs on the Tezos network through marketplaces Objkt and Rarible, which just launched integration with tezos....

cryptodonovan

ETH is at local resistance + a high volume node, trying to break out and confirm an Adam & Eve bottoming pattern and continue it's macro uptrend. If it breaks above this area, there is lower volume above which means it will face less resistance if/when it moves towards the upper trend line. We're also seeing increasign volume on increasing price - also...

cryptodonovan Updated 

This chart represents a basket of top DeFi projects. DeFi tokens are down bad from their bull run highs, but seem to be bouncing off an area of previous accumulation / support. Will we get a bearish retest of the 200SMA? This would amount to a ~30% pump for DeFi. Bitcoin or ETH could easily steal the show, but perhaps worth keeping an eye on! happy trades, CD

cryptodonovan

GALA broke above its recent trendline, currently up 6% while most of the rest of the market is down! Keep an eye on this - hopefully we get a nice Xmas rally out of P2E Game tokens led by GALA! happy trades, CD

cryptodonovan Updated 

I posted about GALA 2 months ago (you're welcome!) and since then it has risen considerably, riding the metaverse/P2E Game hype train up to new ATHs... Even while BTC and most of the market pulls back, GALA still managed to pump almost 200% since the 15th. Clearly some distribution has taken place, but there's clearly also more accumulation happening, which is...

cryptodonovan

Blockchain game & metaverse projects pumped after Facebook's rebrand, and I think they will continue to perform well short-mid term assuming the bull run continues. Nakamoto Games is still a diamond in the rough - had a big retrace after it's recent pump but seems to have found local support. Looks about ready to pop again, and a bullish cross on 4HR MACD...

cryptodonovan Updated 

MTV has broken above significant local resistance level, printing/confirming a bullish cup and handle pattern. If it can break the recent ATH, we'll see more price discovery! Targets based on Fib extension. Look for upcoming news as catalysts. Happy trades, CD

cryptodonovan Updated 

Play to earn blockchain horror games, anyone? NFTs & Play to Earn projects are popping off on Kucoin right now, and FEAR is rising with the tide. Best entry would be a pullback to support - I think a move to the top of the ascending channel can be expected unless BTC dumps. Target marked. happy trades, CD

cryptodonovan Updated 

Chart is pretty self explanatory. KCS is in a macro ascending triangle pattern and broke above the 200 SMA on the 1hr-- the 200 on the 4hr acted as resistance, and now it's retesting a very significant Support/Resistance level. If it can hold this level, expect upside. This is an aggressive buy at the bottom of a macro pattern. Higher risk, higher reward -...

cryptodonovan Updated 

Bitcoin Dominance has bounced twice off of its historic ATL support level. If we see a reversal, it will lend credibility to idea of an epic Bitcoin run up many are anticipating and BTC will outperform most (especially large cap) altcoins. happy trades, CD

cryptodonovan Updated 

Technically, this is a pretty good setup, and I think shopping .io has news to back it up, but do your own research. Shout out to Chris at Crypto Revolution for originally posting about it a month or two back. Chart is looking better now than it did then, so I'm entering a small position and letting it ride, possibly mid term hold into the next alt szn.