cryptodonovan

cryptodonovan Updated 

AVAX is currently retesting recent breakout of support and this may be a good time to buy before another move higher. BTC is currently overfunded and may see a correction & shakeout of weak hands before its next push higher. If this drives AVAX down, load up!! Market is hot, dips are for buying. Happy trades, CD

cryptodonovan Updated 

Sorry for messy chart, just wanted to get this out quick before bed - Watch WILD!! it's breaking above resistance with volume. It's a metaverse / game / NFT project. chart is very bullish. They also have news coming out. small caps are blowing up rn as a lot of traders are moving onto Kucoin due to Binance KYC requirements. Happy trades, CD

cryptodonovan

Not gonna go into detail rn, but look into C98 - it's a useful platform with a bullish chart. We may see some more short term downside from BTC to shake out weak hands, so be careful! happy trades, CD

cryptodonovan Updated 

I did pretty well on NEO after calling the macro trend line breakout that preceded it's final 110% rally during the previous bull cycle. But, to be honest, it didn't really perform as well as I'd hoped. It didn't even come close to its previous ATH. I'm not sure how bullish that is for NEO's long-term prospects, and, let's be honest, NEO is kind of a dinosaur....

cryptodonovan Updated 

USDT Dominance measures USDT market cap against all other coins. While not as potent as BTCD or TOTAL2, it can be a helpful indicator to know what traders are doing, as many of them use USDT over fiat. Obviously, when BTC sells off, USDTD spikes. Based on a little TA, we might expect a relief rally for the market soon. USDT is basically at resistance, but it did...

cryptodonovan Updated 

COTI hasn't popped yet and there are some clear bottoming / reversal pattern ideas on the PA and RSI. a break to the downside will retest lower support levels. happy trades, CD

cryptodonovan Updated 

**Very dependent on BTC** If BTC stabilizes we may see smaller caps push higher - if CRV can break through overhead resistance (the 200SMA on 12HR and upper trend line) and then find support, I would buy the retest and aim for the marked targets. Solid chance that resistance holds and it stays in the descending triangle pattern for a while instead. happy trades, CD

cryptodonovan

Damn guys, really sorry I didn't post this one when I found it last week... GALA games is run by the founder of Zynga and is making blockchain-based games with NFT integration & ways to earn tokens. Their token got added to Kucoin last month and I got hit up by a recruiter about a position there, which is actually how I found out about them in the first...

cryptodonovan Updated 

Who's afraid of the big bad BTC? Not Tezos! While the market watches and waits for BTC to reverse it's slow recent term downtrend, alt coin trading has not been amazing. Only a few coins including XTZ and AVAX have outperformed the market. As we've seen with SOL's epic run up, everyone wants in on "the next ETH," and I think that network tokens with strong...

cryptodonovan

Not saying it's gonna happen now, and in general, I don't like betting against BTC. BUT, what comes up must come down, and this is the best long spot to make when BTC is trending lower. PAXG is a gold-backed token that is inversely correlated with BTC/USDT. Happy trades, CD

cryptodonovan

Kinda shocking but AUDIO has in fact been a top gainer on Binance recently! Also shocking that the ironically titled "Hopium Curve" I drew when it was still in a downtrend has held strong!! (see chart linked below) AUDIO is clearly trying to pull a macro trend reversal here and it's a beautiful thing for what is essentially an airdrop token that the AUDIUS team...

cryptodonovan

We should see BTC make a decisive move one way or the other by the end of the week. If the epic rally continues and BTC Dominance climbs higher, Alts will bleed. Conversely, if BTC consolidates and BTC dominance falls, this setup will be invalidated or take much longer to play out. TRX is in a downtrend. Chart is pretty self explanatory. TRX has lost the major...

cryptodonovan Updated 

The entire alt coin market is at the mercy of BTC right now, and as long as BTC Dominance trends higher, Alts will not be very profitable, except for short term trading. In general, I do not hold altcoins during downtrends. Even when you think they can't go any lower: they can. **IF YOU ARE looking to reenter or buy more AUDIO, however, I would wait for the...

cryptodonovan

Some small cap alts have been stealing the show recently. The trick is to find the good ones early. DIA has broken out of an ascending channel with volume, which is a recipe for parabolic price action to the upside. **This is contingent upon BTC cooperating (continuing to trend sideways & not dumping) The Mas are all curving upwards and will cross the 200 if...

cryptodonovan

Man, remember a couple months ago when we were all moving BTC into ETH cuz it was looking so much stronger, and everyone thought the most epic alt coin szn was about to play out? Sigh... The reason to still be bullish on ETH / BTC is that it's still above that macro trend line that previously acted as resistance. We basically retested it, but now the price is...

cryptodonovan Updated 

If you're like me, you're waiting to scale back into BTC and ETH, and are trying to take advantage of the recent volatility with some short term trades. One way to kill 2 birds with one stone is by trading ALT / BTC pairs. Not a bad way to accumulate on the way down, if you can time it right. BTC loves to do the opposite of what you and the rest of the herd...

cryptodonovan Updated 

You'll have better luck with USDT pairs when BTC is trending higher... But what goes up must come down! Like fashion cycles that never really die, every now and then privacy coins come back in style. XMR is basically the OG privacy coin, and has been really easy to scalp trade during this bull run. Looking for a breakout and retest of overhead resistance if...

cryptodonovan Updated 

I mostly trade/post about AUDIO/USDT, but keep an eye on AUDIO/BTC as well - There's a possible Inverse H&S pattern forming at previous support, as well as a possible rising channel that could provide some easy scalp trades if that continues to be respected. If it breaks out from the channel, the red lines are targets. Remember - the coins you really wanna buy...