Again, obvious reasons lol. Dogecoin is overpumped against Bitcoin and overpumped in general. Also, it attracts unprofessional acters. They could pump the price at random, but they usually get scared and run away when sh1t hits the fan.
Interesting, they replaced XBT with Volatility s&p500... Someone must be pulling the strings XD
At the bottom, as a related idea, you will find my trendline from February. Those who follow me also know that I have been very accurate at predicting both short-term and long-term trends. Now, why is that? It is because I have been following the fundamental principles of markets for years, and tried to understand their weaknesses and strengths. Some may...
Great price, company is in great shape, PE ratio very low for the sector. It's a no brainer, doesn't require much explaining. More elaborate thesis: Not a financial advice, bla bla bla...
I'm in the marketing industry, so this post is coming directly from experience. Facebook/Instagram marketing is severely underusesd in the sectors that would most benefit from it. Even if we account for recent problems in the market and the purchasing power of people, I see the demand at least doubling in the next 2 years. In fact, from my accumulated basket of...
Down to 1.51 we go. It is safe to short Cardano leveraged now. The trade should last no more than few days.
Short until 2.21 I've seen this smooth transition multiple times so far, it always works.
High pricing inefficiency. Can be shorted until 2.41
Shorting 2% leveraged at 3.13 liquidation (17x from 2.96) till 1.41 at expected 2.4x profit. Reasoning: Price inefficiency I want to add that my permanent Long is still with Cardano since 0.7, and will be there for foreseeable future (probably 10+ years). I do these actions in certain circumstances to hedge my position and later increase my long. The key is...
Low EV/EBITDA combined with high demand for light metals (lightweight electric cars, bicycles, scooters etc.), raging inflation, and an all-time low gives this stock a good chance. I've been in since $14 and didn't expect it to move so quickly. It's a good opportunity to put some money. Don't go all in, at the end it's a lightly sketchy Chinese stock. But if...
We have literally the same setup as before previous drop. It may go sideways for a few more candles before. Place your buy orders at about a dollar, but it could go lower for a moment. You still want your orders to be executed.
As soon as you see this smooth transition just above the support, without a narrow drop and jump, that means it will crash again. It doesn't happen that often, but when it does it's pretty clear.
Nobody will mention this, but these crypto crashes are highly correlated. Although many claim that Bitcoin is the driving force behind crypto (it definitely started it all), I beg to differ. I don't think that Bitcoin is the driving force behind any of these alt coins. They have different purpose and different public. Moreover, the altcoin investors are not...
It seems to me that Bitcoin has reached it's all time high of $63000 It is highly unlikely that bitcoin will go higher than that before hitting $25000-$30000. If daily today and tomorrow ends up in the red, the probability of another all time high before major crash is unlikely. I will begin my shorting now and prepare some additional sell orders at $55 000....
Doge has lost its steam at the moment after reaching 0.85 at the RSI 14 on 15 minute chart. It would be a smart idea to short it until the 0.42 level or until RSI 14 hits below 0.2 on the 15 minute chart. There is about 80% probability it will hit 0.2 on relative RSI index before going back.