Accumulation of KAS from BTC and ETH completed. Presently seeing a bull flag setup on the hourly timeframe. Expecting KAS to perhaps retest the golden pocket ~61.8-65% Fib retrace lvl, before breaking above the blue resistance line..
Will consider to start DCAing from ETH into KAS above the orange 200 SMA level, down to the golden pocket (65%-61.8% Fib Retrace lvl).
Resistance turned support at about the golden pocket since breaking out on the 26Jun'24 and the first successful retest on the 23Jul'24, and with the latest retest on the 6Sep'24. Ichimoku cloud have turned green as well since previous analysis. A strong pump up to above the 50% Fib retracement level before dropping back down, suggests substantial capital...
Some of the higher buy orders within the green range triggered. FG{50/15} showing bullish divergence on the weekly chart. Good time to continue to very slowly DCA into ETH from BTC again within the golden pocket as defined (i.e. btwn the 61.8-65.0% Fib lvl), and setting more bigger buy orders within the green zone below -- these on the present backdrop of...
KAS had fallen below the golden pocket and tested the (thick orange) 200 daily SMA, but failed on the 8Mar. It had since remained below the 78.6% Fib retrace lvl after an attempt to retest the 200 SMA again on the 22Mar. I had been slowly accumulating more KAS below the 78.6% Fib lvl and have now doubled my KAS holdings; after having stopped DCAing into ...
Analysts and articles claiming that this might be the end of the crypto bull market. A few even announcing that we won't have an Altcoin cycle this round (seen similar reporting during past 2 cycles as well) since institutions will only focus on ETF-approved coins. And numerous extreme negative sentiments pervading all around -- which signals a good time to...
Ultra low timeframe v.high risk trade: Sold some after claim. But bought back in again at ~0.25 USD. Setting sells at around ~0.3 USD with a trailing stop loss. Optimistic reminder to self: Even if failed to hit target and left holding ZK instead, already increased initial ZK holding by a small % at the initial re-buy in point for longer-term hold; ZkSync...
BTC have now pierced above the (green) 50 daily SMA line, as well as above the Bollinger band, after previously getting rejected 3 times. Note: Will need the current daily candle to close above the green 50 daily SMA line for confirmation. Inverse head and shoulder pattern breakout indicates momentum reversal. FG{50/15} histogram have now turned green, and...
#ZoomOut. This is just a healthy retracement; perhaps down to 51.5kUSD, or even down to 44.6kUSD (towards the thin-orange 200 VWMA, or thick-orange 200 SMA) imo.
Shift/scroll back in time on the daily chart to look at past confluence.
Weekly Chart: Fusiongap (50/15) indicator histogram is in positive again, with the red oscillator about to cross the green oscillator. Ichimoku cloud flipping green again.
I had been slowly accumulating BTC into ETH while it remained in the yellow accumulation zone. ETH/BTC has now broken above 200 SMA. Bullish divergence on 21Dec'23, and have broken into the positive finally as well, since plunging below into the negative from 16Jun'23. Ichimoku Cloud looking to turn bullish on the daily as well.
Starting to DCAing in a little at this level from BTC. Will start DCAing harder once the second, and a lot more within the golden pocket, and especially the third accumulation zone is reached. ETH vs BTC have the potential to fall even lower. But long term, I am bullish, hence looking for opportunity to accumulate ETH now that the first phase of the Bull Market...
Waiting for breakout above green line for confirmation. Three tries previously before finally breaking out and going parabolic..
Presently price remains supported above the red 21 daily EMA line. Waiting for breakout above the yellow box region, and confirmation by finding support above, for a potential long-trade of this presently low mcap gem.
Observe the head and shoulders pattern, and waiting for a breakout on the QNT/ADA chart. Potential long trade, once break out above the dotted line as shown. Orange arrow indicates the measured move target.
Waiting for retest confirmation on the hourly, and the 4 hrly.
Bought back a little into $KAS at $0.0325, around the first (green arrow) measured move target. Higher low and higher high established on the 4hrly, and bullish divergence on the MACRS, with the 50/15 FG indicator histogram turning green again. Will DCA more if candle closes above the green 50 SMA on the 4 hrly. However, note that the Ichicloud remains bearish,...