cryptodonovan

cryptodonovan

While we have been getting some recent relief on lower timeframes, bearish ideas still outweigh the bullish, unless BTC manages to break and hold above 40k. The simplest and most significant indicator for further downside is that volume has gone down during this recent recovery. On chain analysis shows that as of a few days ago, long term hodlers have been...

cryptodonovan Updated 

BTC has reached an area of significant resistance, it's being squeezed between the SMAs, which are starting to curve towards a death cross, and the volume on the recent oversold bounce was not very inspiring. It also recently put in a lower low, so this next move will be significant, and it should happen in the next 24 hours or so. So there are a lot of bearish...

cryptodonovan Updated 

lots of bullish signals supporting the idea that a major trend reversal has occurred for LTC/BTC. LTC just hit $400 and many hope that it will follow ETH to the moon, especially in lieu of DOGE's unexpected success (DOGE is a hard fork from LTC's blockchain) Large Cap alts are definitely having a moment right now, and as long as BTC continues to weaken, LTC/BTC...

cryptodonovan

Trading isn't predicting. I know I'm setting myself up for failure here, but as the title indicates THIS IS JUST FOR FUN - NOT FINANCIAL ADVICE!!! Contrary to popular belief, I cannot predict the future. But I think there's a strong possibility AUDIO (and a number of other alts) are currently in a re-accumulation phase, building towards another run up... If...

cryptodonovan

I posted a setup for FTM exactly one month ago, and after a nail-biting dip, proceeded to pump 240% !! Congrats to those who held on / bought the dip! Now FTM is showing some more bullish signs, indicating there may be more potential upside. Chart is pretty self explanatory. Consider this a medium-high risk trade unless we see a confirmed breakout/retest with...

cryptodonovan

AUDIO broke out from a bull pennant / above multiple SMAs and is now retesting the bottom of the resistance zone around $3. I expect a retest of support before it can break into/above that zone, but you never know. This is looking like a reversal from the short term downtrend AUDIO has been in, but it will have to keep putting in higher lows. targets are marked...

cryptodonovan

All the info is written on the chart. Still long term bullish, but I still expect some more short term downside based on the chart. The green dash lines are possible re-entry levels, but they're subject to change with market conditions. Scale in and consider using stop loss orders to conserve capital in case of more downside. happy trades, CD

cryptodonovan

Finally, NEO has gone parabolic. It has lagged way behind ETH and BTC during this bull run and still has 1x to reach its previous ATH. My guess is that won't take long now. See my previous charts below in which I called this a great mid term hold. My only regret is not buying more sooner! HAPPY trades, CD

cryptodonovan Updated 

I've been trading / accumulating BAND since around 9.6, so I've been waiting on this move for a minute (see previous charts below). And when I entered that mid term hold, I knew literally nothing about the BAND project. I decided to get in 100% on technicals. It's just so obviously bullish on the higher TFs. It's been tricky to trade, but a solid mid term holder...

cryptodonovan Updated 

After a massive 3000% run up over the past few months, AUDIO entered a steady retrace as most altcoin PA stagnated due to BTC volatility. However, 4 days ago the Audius team announced planned NFT integration, covered by coindesk here: www.coindesk.com Anything NFT related is getting a lot of attention / bullish investment, so this news drop was a well-timed...

cryptodonovan

Chart is pretty self explanatory. Breaks above 200MA often precede pumps, as do Golden crosses (when the 100MA crosses above the 200MA) Right now BTC is pumping, which is either another head fake to distract from altcoin setups, or, if BTC.D pulls a reversal, then ultimate alt season really will be postponed. I'm bullish on NEO either way (see previous charts...

cryptodonovan Updated 

Ideas are clearly stated on chart. After that 1300% pump, I think it's safe to expect a bit more downside short term. Still long term bullish. happy trades, CD

cryptodonovan

Chart is a bit messy, but pretty self explanatory. I'm taking profits on XRP and look for re entry. Still long term bullish. I know, everyone's saying Alt season is here. Overall sentiment is very bullish and shifting in favor of alts. So why would I sell? XRP has often deviated from the rest of the market, as we just saw with this 100% pump while most coins...

cryptodonovan Updated 

QTUM just bounced off previous resistance, confirming this macro reversal still has legs. Look for reentry at fib levels or previous support. happy trades, CD

cryptodonovan Updated 

Chart is pretty self explanatory. Notice the bearish cross on Stoch RSI, indicating we should see a short term pullback & some relief for BTC/Alts. However, If USDT.D continues it's reversal by breaking out from the current descending channel, BTC/Alts will continue to bleed. If USDT.D continues to trend downward, expect upside for crypto to resume. happy trades, CD

cryptodonovan Updated 

NEO is trying again to break out from the pattern it's been ranging within the last month. It has some volume behind it. Watch for a retest of the trendline, and if it fails, look for continued ranging within the pattern. See previous post (link below) for the Macro analysis - I'm very bullish on NEO as a mid-long term hold. Don't sleep!!! happy trades, CD

cryptodonovan Updated 

I haven't really been on speaking terms with Stella after I bought in then stopped out right before the epic pump some months ago... You can see my previous analysis in the link below... I got impatient (and a little thirsty for some other hot girl coins...) which is a great way to lose money in this market. Clearly I'm still a bit bitter she left me in the...

cryptodonovan Updated 

Lots of bullish ideas here. Just pumped w. volume. I'm setting buys around the bottom of the ascending triangle in case it fails to breakout here. If it does breakout, I'll try to buy in on the retest. happy trades, CD