and is that buying or selling? On the sidelines on BTC. Best, Hard Forky
Shorter term time frames oversold but longer term still a way to go. With such a new coin it is questionable how much support it has - expecting more shorts and looks like an even longer drop from here
Awaiting re-test of support. Knife-edge, tightening up on technicals Best, HF
I dropped out of BTC back into ALTs as many did although not into BNB but its sister WRX worked out great. After taking profits I'm expecting FIAT to flow back into BTC for the next leg. It's an awkward location but not convinced by some highlighting a bearish divergence so I'm not expecting this to hang around and pass above $10k and hit the 50% Fib with a...
Trying to set some TA but challenging. Estimation on Channel but expecting this to breakout
New Binance coin is proving profitable thanks to the bullish market. This is a tough one to sell - HODL might be a better strategy. Looking for other people's ideas.. Best, Hard Forky
Based on Binance Exchange numbers. The only hesitance is that the Indicators are ahead of the trend - perhaps this means that the drops are too aggressive and the market is more bullish? If the market drops, note that traditionally ALTs have taken deeper dips which might offer greater upside opportunity. Good day, no-pro Hard Forky
The replay of April/May is done and i'm assuming the top is in. These are my short-term initial targets to go long on BTC based on FIB 8,800 - 8,830 - limited opportunity 8,000 - 8,050 - v.good opportunity 7,800 - good opportunity I'll refine to match my Exchange later and estimate shorts when I have time and update. It might moon from here and...
Unclear if it will hold - local indicators looked good, let's see. Best, Hard Forky
Bull market or bust? Best, Hard Forky
ALTs have been increasing in pace vs. BTC which seems unusual vs. other rallys? Perhaps they have reached bottom - either way, many have hit the top of the bearish channel e.g. LTC. We've just had a reasonable correction so not buying into a drop just yet + why would the market want folk to buy at cheaper prices? Fomo might kick-in, BTC has seen an up-tick in...
The market has been bullish but when the MFI does not track with RSI at these points it usually means one thing - we are close to top and we will be bleeding out for a few days/weeks. In my limited (I'm not a Forex trader ;) experience this typically offers good trading opportunities for the brave on large cap coins. Best, Hard Forky
My technicals expected the break to the upside but in my last post I lost track of the pattern I was following and trading which was very fruitful. Learning: 1. BAD - focused too much on smaller time-frames :) 2. GOOD - I stuck to my trading plan.. and didn't FOMO. Ok, we were always looking for a double top and the sell-off was pretty weak so once we broke up I...
Looks like it will breakout to the upside - Trend says no + Bearish Div on the 4hr so not expecting it to break away. I have a few limited trades to play here. Target $8,150 with $8k to come later in the week Best, HF
Expecting $8k after rejection at 8460. - I'm always too bullish so likely to drop below to long chase stops. Expecting rebound to revisit 8,800/8,500 - trading large cap Crypto - I have notes (wrongly?) that small fry typically decline during BTC's second attempt which is a good sign this will go towards $6k- - If it tries to push up beyond 8460 now then I'm...