edutradinguru

edutradinguru

Hello, btc looks strong, even after the retracement, which did not show much strenght. The 11k was touched as per the linked idea the very next day. We are still in the ascending channel and RSI decreased a lot in the last month while btc was flat, which is a good sign as it seems BTC took a rest and is now ready to jump again. Also, looking at the chart below,...

edutradinguru

Hello, during this weekend btc has simoultaneously fallen below : 1-the channel midline 2-the mini trendline 3-the 21 MA We havent't had a proper pullback inbtc price since May. I do not think it will be a heavy one (probably to 11k), but still will be enough to ruin plans on altcoins Despite the good setup shown by the altcoins dominance (see the realted idea),...

edutradinguru

Hello, since the BTC dominance is signaling new altseason as per linked idea, we are now cherry picking the best alts. After Dash and Lisk, here is the #3: ZIlliqa. It is currently showing 3 good signals for long: 1- it is above the retracement area (blue rectangle) 2- it is at the point of control. We will see if buyers can win 3- the price dragged itself...

edutradinguru

1-retest of the triangle breakout to the upside 2- successful retest of the point of control (red line) meaning that buyers are in control 3- just trying to breakout the 0.008 resistence which also corresponds to the upper part of the retracement area (blue box) A close above that level would be bullish up to the second blue box (fibonacci extension) which is at...

edutradinguru

Hello, many times we have been told (and I believe) that btc and gold are comparable. But BTC has an advantage over gold. Gold indeed, already had the chance to have its price discovery in the last decades, and actual fluctuation are only due to the changing and contingent market conditions (whose bull run was called in early december 2019 by the way). BTC still...

edutradinguru Updated 

Like a sleeping vulcano, after years of inactivity, gold finally woke up in 2019. I think this uptrend is not just momentaneous but rather structural. For many reasons: 1) We are approaching a global crisis, as many are yelling since years, and the fact that gold and bonds yield are increasing in times of SPX hitting all time max witnesses the uncertainty and...

edutradinguru

Hello, we were looking for alts to invest in as the btc dominance is going down (see the related idea). Well, after Zcash, Lisk is perfect right now as: 1- it broke the descending trendiline upwards; 2 - it will halve on the 28th of September, so the price should start its run; 3 - the price just reentered the turquoise retracement area after...

edutradinguru

Hello, as per linked idea, ZEC is halving in November. a retracement has been made as expected, and even if it is a little bit early for getting exposure to the halving yet, with the altcoin season about to restart, I think it will not go much lower.

edutradinguru

Hello, the secret indication was correct: BTC was not retracing to 7k but rather going up (SEE THE LINKED IDEA). This is not to drag, but as a confirmation that the secret indicator works and can be used as a great confirmation. Please note I said confirmation. It has not to be used as the one and only rational for an investment decision. Said that, it still...

edutradinguru

Hello, incredible to see how the lines I drawed months (maybe a year ago) acted as resistance and hopefully will act as support now. We are in the area separating the bull fro the bear market so, if it is the case, we will see a second up leg in the longs, meaning that BTC will go up. This is also in line with the indication of my "secret indicator" (next idea).

edutradinguru

Hello, as per my last update on the dominance linked below, we wer monitoring the descending triangle breakout. Well, it happened, and the BTC dominance also broke through the uncertainty/fake breakout turquoise area and fell below 62. The last time it happened was July 2017, just before the real bull run. The next target is 57 as far as I am concerned, so the...

edutradinguru

Hello, after a pause is altcoins due to BTC explosion, now it seems time for their run to start again. This seems to be confirmed by the ALTBTC chart which is the perfect position to resume its rally. However, I would like to see the Dominance outside the blue area for confirmation first.

edutradinguru

Hello, as you can see, XTZ is doing pretty good from the .00025 support. However, it could only be a retest of the black support of the channel. We also see a descending trendline I want to be broken upwards before entering. There are better investments right now.

edutradinguru

Hello, I missed this completely unexpected mini run (at least for me). However, the upside potential is still big as the Halving approaches (as of now it is expected on the 17th of November. Let's wait for a pullback to the 0.007 area to enter or for a decise breakup above the turquoise rectangle identifying a very important support/resisntence area in the last...

edutradinguru

As per my last idea on Link (linked below), selling at 0.0008 would have prevented you from a 40% growth in 2 days. Howevere, now the target is reached as far as I am concerned. I am selling to be able to rebuy it lower as Link is one of my long term projects. You can set a Trailing stop or, stick to your idea if you have a different one. Just let me know which...

edutradinguru

Against my will, and my heart, that tells me that I should keep it, I placed a SL below the blue support. The great ride, the ABCD pattern completed, the target reached, and the 4th release (sell the news), the bearish RSI divergence made my rational side prevail. Let's see which one was right :)

edutradinguru

After seeing xt and link moving together in waves for months, with the impression of xt to be the little link sister, now we have the confirmation that it was xtz following link. Also, with link touching ATHs we see that tezos is struggling. I do not like this pattern in the chart of Tezos at all, even if the price is on a multi months support. I will wait above...

edutradinguru

Hello, the bad candle today was due to 1-the linkusd price to approach the psychological level of 10$, and many people set a TP slightly below in order to make sure it was triggered. 2- a retest of the fibo retracement area in the linkbtc chart. As far as we do not fall in it again, I am still bullish.