cryptonomo

cryptonomo

I like patterns. It makes these swings like this easy to digest. Right now....crypto is being crypto. Without getting to caught up in the if ands or buts of fundamental technicalities, this is what I have in mind when I think about this market: In 2018, BTC lost 84% of its value from the the ATH to the low. That should give us and idea of where this newer large...

cryptonomo

retrace of %84.4 in 2018. I'm just posting this so I can link to it on another idea. I'm robbing the harmonic pattern to compare to ADA in early 2022.

cryptonomo Updated 

ADA seems to be a little tired, I could see it drop to 2.40 easy before it goes up again from fundamentals. We'll see, that RSI dipped much further these past months than I thought it would. Shot my shot, let's see.

cryptonomo Updated 

I see a pennant here, is this fomo stage? Could pop out of here and fake out dip or just go for the moon. RSI is almost reset. I'm bullish on this pattern and holding, though if I were making entries I would try to catch a wick. Just over a week in the pattern here...holds true. Thoughts?

cryptonomo

From previous ascending triangle breakout

cryptonomo Updated 

RSI and MacD should come on back down to normal levels, technically this is looking over bought. Looking at the rentracement fibs for support levels. I am still long and holding from .18 but I could see this sliding down to .90,.80 easy. If I were to buy, I'd look at doing DCA on these fib levels. Just kidding...I'd spontaneously market buy all in some deep red...

cryptonomo

Here is what I'm working with for ADA, holding a long position from .185. Still learning, just thought I'd post my chart for once. Cheers!