My conservative BTC target is right around $74,000...which is still absolutely insane. Congrats to all who held through the blood.
Bitcoin has been the investment of a lifetime for me, and although I remain bullish forever, I know that markets have their cycles and everything that goes up must come down. If we happen to break through 74k then I'll see you guys...
Expect high volatility during the next few days. BTC has a good chance of breaking out from this downtrend, but it's probably best to play it safe and wait for confirmation. Pack an umbrella just in case.
XHV/BTC still looks bullish long term, but I would not be surprised to see a dip into the buy zone before attempting its next leg up. We want to see some big buying volume to continue its journey on to price discovery. A move below the buy zone would be temporarily bearish, but this is a long term hold for me regardless of short-mid term action. Please drop me...
XLM/BTC pair has found support and I expect it to stay in this range for a bit before deciding to break up or down with increased volume (currently leveled out). I'm long with a stop loss.
Bullish if it breaks upwards to test resistance again
Very very bullish if we close above resistance
Bearish if it breaks down below support
Ethereum is going to melt faces at some point this year, but I think that Bitcoin still needs to show off a bit more before that happens. The 50 EMA looks like it's about to cross down below the 200 EMA, which would be bearish in the short term. I think that ETHBTC will stay in this channel for a bit longer until it inevitably tests and then breaks that previous...
Here's another big dick player that looks ready to break out. Do me a favor and just zoom out - look at the 1W chart.
XMR is very well respected in the community, and has even proven to be trusted as the most popular means of transacting in certain markets. Shit, even Grayscale is interested in starting a trust.
I like Monero as a long term hold, but the...
I'm excited to post this one after staring at the chart for a few days. A break upwards could lead to price discovery, as there isn't a lot of resistance above the range we're in. It could also go down yeah, but I'm long because it's LOW MARKETCAP DEFI on COINBASE. Let's see what happens
Bancor is my favorite defi play. I bought in 2 months ago (take my word for it?) because no one was really talking about it and it seemed undervalued. This project survived the most recent bear market and continues to innovate.
It would be pretty bearish IMO if we closed below the nice support that we've built there, but the BTC pair can easily double from...
I'm a big fan of Monero, so naturally I aped into Haven when I heard about it. I know this totally looks like a "too late to the party" type of chart, but $XHV's marketcap is ranked #170 on CoinGecko at the time of posting. I couldn't even zoom out enough to see how high this could go.
This chart was pleasant to look at. The RSI is super clear of oversold and overbought levels, along with areas of support and resistance. It appears that Ethereum is riding shotgun in a parallel channel with Bitcoin, and I remain bullish as long they continue their road trip within the guard rails. See linked chart for BTC analysis!
Here's another HUGE opportunity. We recently got bullish confirmation with the EMA golden cross - the sky is the limit once we break out of this wedge and through the resistance marked by the dotted horizontal ray.
I've watching BTC in this parallel channel. Yesterday it seemed like we might break down but it looks like we're bouncing right off of the 50 ma (in red). I'm remaining super bullish short/mid term as long as we stay in this channel.
