Coming from equities market, I too was bamboozled by all the PERMABULL and HODL talk in crypto space. It's ludracris now, but we've had clear signs of a deep correction as early as NOV. I'm sorry i spent some of my dry powder at the top whilst i was looking forward to $70k..$80k...$100k $BTC. Its quite comforting to know that a lot of people are actually so...
$LUNA's starting to wake up again after a brief profit taking. Volume's pretty decent with OBV breaking out. 15 and 30 minute candles super bullish already, 1 hour is just about to join the party. Entry point- enter at half position, another half position at retest (1 hour candles).
Entered DOT on BO from the minor neckline, on basis of strong ADX. Note this is only on 30 minute timeframe so watch for more confirmation in higher time frame (1 hour).
SAND looking interesting right now, relatively good risk:reward ratio for a quick swing trade.
Major bearish divergence spotted on SAND, which is making all time highs but on much lesser volume compared to the previous ATH. This is not a good sign as volume often precedes price action. Not a critical event but worth keeping a closer eye on. Do not add to position until price catches up with volume. De-risk your position if you are using futures, or at...
Shib finally played its hand.. to the upside. Booked my gains (6x) just a little above .618 but i still have 20% riding the wave. Hope everyone was able to catch it!
Do not enter SHIB until you see breakout.. or breakdown.. Either it will be MASSIVE so keep your eyes peeled (and set alerts!), do not enter yet until you see price confirmation along with OBV or your fav volume indicator.
Possible long idea whilst .618 is proving really strong. OBV is holding well too. Tight stop just below either .618 or when OBV breaks.
Decent 2:1 short odds for LRC, which has just broken through (1) super-trend and (2) support line, also (3) 20x50 EMA cross-over to the downside. Price-volume weighted average (MFI) and OBV also just broke down. #3 would've been the optimal short point, but confluence of all (1)(2)(3) is a much safer entry. Don't forget to set your stops automatically when...