A couple of false perspectives and sentiments in BTC (Rising wedge, on weekly; declined trading volume). Note that the current cycle has just simply reduced in pace and momentum is slower than 2017. This is due to the fact that 1BTC = 50K, and more adoption, less volatility. This shouldn't be confused with technicals and congratulations, bitcoin now has a solid...
ETH is holding the mid-term support (mid-Channel). I hold ETH for around $560 and $1180. Overall, I am bullish on ETH with a long-term target towards 1T MC or +/- 8000/ETH. Here are the scenarios during ETH Merge. a) Bullish (Buy rumors and sell the news) b) The current rally post-RSI oversold (1W), could print a lower high towards 2200-2400. c) The first dip...
NEO has been amazing where technicals have played a big role in the investment. I have been holding this coin for a long now. It went up, then down, then consolidated. I'm quite comfortable with it as I want to SELL ONLY ONCE (SOO). A simple trend is a crash, consolidation, then rise. Now it is retesting the past consolidation high. If this continues to hold and...
NIO is fundamentally different than Chinese Tech delisting concerns. NIO wants to be more global in the west and listing alone in HK will be a concern for them. Like others, Chinese EV Makers, NIO's upside remains $50+ whereas the downside risk is 20% below EMA100 on weekly. If NIO ever awards $20, I will put all of my money on it. Where as I am holding a large...
XPENG has bottomed and broken the trend line. Upside remains towards 50+ by next year mid we should be seeking a higher high despite of Evergrand debt.
China Ban, Momentum Shift, Russia's ban, India Ban, n adoption in some countries where Dollar Doesn't talk. Even US is in talks to keep $-avg value. ETH is the 2nd largest and the most staked currency. ETH will break 5000 within 2-3 Months window and by April, I expect it to be priced at 8000+ USD/ETH. I keep holding!
Coty's reversal remains to be seen as it holds higher lows. $7 or below is a rejection of this idea as further downside implies. If you are a long-term holder and trader, Coty's upside is $14 and $20 much like a repetition of Macy's. Management changes 3-times, Oversold, too much short, the company sold some assets to remain alive. All eyes are to break 200W.
If this is the growth with an increasing number of tokens/coins, the net valuation should reach 5.0T in the following years. Keep holding!! The top 10 coins are my bets! Bitcoin 80K ETH 5K - 10K LTC 1K+ BCH 1K+ ADA 3-5 ... ...
Upside 100+ new ATH and a breakout of 2000 TOP Take a look at the big picture and buy and hold by next March-May, I expect a new ATH.
LI AUTO Inv H&S pattern is very likely on cards. If this pattern holds, this is going to reverse by next year. Time is always uncertain but this is certainly a buy all the way to $20. We will break the neckline above $40 next year.
NEOUSD is still in a buy zone and monthly is just forming a reversal pattern. $20 may not come again. NIO will break its ATH
Given ADA holds this level (0.08), it will likely to rebound to print a new ATH in 2-years time. Break below 0.08 will have to be checked against BTC's performance. The bottom remains near 0.02.
BTC is just not awarding any 3rd chance yet. Buyers are waiting but it is slowing pushing to break 12k, then 13880 a major hurdle. If that gets broken, we will go to 20k retest for the first time in past two years. Once that gets broken, the minimum fib extension is 32K. Keep holding holders, you are always best money makers.
ETH remains bullish with a long-term rise. If ever ETH breaks below 300, the main support zone comes in to play where buyers will push in. If that level is broken, we will fail to continue the uptrend and a new momentum will be needed to resume the trend. I remain bullish on ETH and expect to capitalize above 500 in long term.
Now I am going to retest the NEO buying potential and added a long position on BINANCE with a tight SL. I potential going to attempt to SL efforts: a) Buying at 14.710, SL = 13.75 b) Buying 10-11 Range, SL=-8% Upside extension is the restest of the recent high but first profit taking near 20. If the impulsive wave (final surge) continues, it will retrace...
Brent sells and Shell seeks decreasing demand. With Shell looking for new ways to survive, it may rebound in 2-3 years and this is the best accumulation price 20-25 for long term inverstors.
ADA has amazingly made a new high after two years of consolidation. If this pullback settles on 50-weeks EMA, the price is likely to convert the final 5th wave up to 0.21 doubling the current buys.
A major level on monthly for BNB battle. If it breaks this level, I trust we will approach a new ATH. I keep holding BNB and eyeing 50 as new ATH and extension to double it between 85-100.