We will see a rapid climb to at least 1,50 - 2$ very soon. RSI is looking healthy. Volume is about to rise as well. There is reversed parabola on the daily, as soon as we cross it BAKE will explode upwards. Then we will see a short cool-off followed by a next leg up. I am looking forward to the and end of the month. Maybe we can set a new ATH.
XYO - To the Stars and Beyond We had a nice run, but the rocket needs to cool off before the next take-off. We need to fall in order to grow. I think we are slowly forming a cup and handle pattern. XYO is an ambitious project with a lot of great partnerships. But we should be careful because their vision is still just a concept, an ambitious one but still a...
We are back in the consolidation zone. Will we be able to hold it this time? If we can escape the descending channel (represented by the blue lines), it would be a great entry. If not, the fall will be inevitable and we would get to taste the depths of hell one last time before we take off. Good luck trading and be careful, we can still fall badly, so I don't...
What do you think caused XYO to surge over +1000% this year? (XYO/USD) Was this spike just a fluke or...do you think something big is forming behind the curtains? Hopefully, we will soon get some news about the matter. They were very silent for quite a while and I do not know what to think about it. From a technical standpoint, we went somewhat parabolic, we...
We reclaimed the consolidation zone but we did not manage to hold it even for a day. The possibility of falling hard is very high now. Maybe the 80-100 $ zone will hold, but who knows. I did not change anything from my previous analysis. I just added lines to show the descending channel in which we are currently suffocating. You can not hype this sh*t...
You do not trade cryptocurrencies, you trade human emotions. People are unstable, but they are predictable. Egld chart is an excellent example of the "Psychology of market cycle" look it up and you will understand the downfall. We had our euphoria run, now we are approaching the depression zone.