Currently Bitcoin is in a falling wedge which is a bullish pattern. We are also nearing $34,250 support that I was using back in January 2021 on the big run over $40k. It looks like we are starting to find some support and reverse, the 1D chart is extremely bullish. I think we will break out of the falling wedge within a few days, up till June 11th. We can...
The 1D chart is looking extremely bullish while the 1H indicates a small pull back. I am setting orders around $2,450-2,500 to open a 5x long as I feel we will bounce there and start to head to $3,000.
Looking at my recent chart, Bitcoin followed the fib retracement levels almost perfectly and we can see that the line around 58k wasn't able to hold. We are now pulling back with the 1H looking pretty bearish so I believe we will pull back to 56-56.5k. If you look at the 4H, we are still pretty bullish so I would say there will be a hard bounce on our next...
I've been saying this since 55.5k, I think we are correcting to 52k or possibly lower. Looking at the fib lines for a guideline of how low we can go. I do think we have a high probability of bouncing around that 51k support but if not we may see a free fall below 50k again.
LBC/BTC is looking pretty good in the short term for a swing trade. I meant to post this earlier but got caught up with work. LBC has been playing pretty well with the fib retracement from its last serious correction. I am buying in at the 360-370 sat support on the green line. The coin is starting to break out so if you didn’t get in, it’s not too late. But as...
Let's hit our 3rd run on this ADA cycle! The 1H and 4H are starting to look bullish again, wish a slightly bearish 1D chart. I think we can milk a bit of profit on this ADA play as it is hitting buy territory again. Entry: 1,950-2,050 sats Stop Loss: 1,900 sats Targets: 2,100 - 2,250 - 2,400 - 2,600+ sats
ADA/BTC is correcting after the recent news of the Coinbase listing. I think we still have a ways to go in terms of correction, but this presents a very good buying opportunity. I will be opening a 10x long on this trade, but as always please set a stop loss and be careful. The 1H still looks bearish, meaning we can find a better entry over 1-2 days. The 4H is...
DOGE/BTC is looking like a good trade right now with bullish divergence on the 1H. We are creeping out of the oversold zone and generally the 1H is screaming bullish. Looking at the 4H chart we can see that the MACD is flipping bullish very soon and there are a lot of buys coming in on this dip. Lastly there are rumors that Coinbase Pro may be listing DOGE soon....
ENJ/BTC is looking like a great swing trade on this falling wedge. I will be accumulating slightly above the support level and holding for a breakout as it is getting close to the end of the wedge. The 1H indicators look pretty bullish and the 4H is pretty neutral. Entries: 4,000-4,260 sats Stop Loss: 3,900 sats Targets: 4,350 - 4,600 - 4,950 - 5,200
XMY frequently moves between 10 to 17-20 sats. I put orders in last night at 11 sats that filled this morning. It looks like the price is starting to reverse and the 12 sat sell wall is coming down (from 2 BTC). I think it has room to move up again. This is a risky trade due to the fact that 1 sat down is about 7-8% loss here, however the potential profit makes it...
I haven't been posting in a while because the altcoin market has been very shaky with this volatile Bitcoin movement. That being said, it is time to buy on the satoshi dip - I see an interesting opportunity on FTM/BTC that is high risk, high reward. Right now it is sitting above a major support/resistance level that has been playing over the past month on the 1D...
BAT/BTC is falling in a pennant after a recent run. It looks like it is holding support right now and we can see some buying volume coming in here. This leads me to believe we will be running for resistance again with potential to break it. Entry: 1040 - 1070 sats Stop Loss: 975 sats Targets: 1150, 1200, 1350 sats
I'm not playing on this as it is too risky in the state of the market, but I'm curious where GLM/BTC is going to go from here. Right now it looks like we are getting to the end of a bull pennant and the candles are getting smaller and smaller. Additionally the BB's are getting really tight and the MACD is flipping bullish. I think it will make another move, but I...
Interesting opportunity on ADA/BTC here. Recently ADA had a break out of the bull pennant but came back to find the previous resistance as support. It is also hovering right over the 1750 fib level, seemingly holding that zone. I would accumulate here in case ADA happens to bounce, as indicators are looking good right now. Entry: 1700-1750 sats Stop Loss: 1650...
ETC/BTC is too good of an opportunity to pass on. We are reaching the end of a descending triangle and it looks like we are having a flip in direction for the RSI and a bullish crossover on the MACD. There have been a lot of big buy orders overnight which gives me faith that the support will hold and we will see a breakout. Entry: 2800-2900 sats Stop Loss: 2700...
This is a trade only for those with an appetite for high risk, high reward trades. The alt coin market has been shaky due to the major Bitcoin movement we have been experiencing since last week. Because of this reason I haven’t been trading much, just hedging into Bitcoin and my long term holds. That being said, TRX/BTC on the 4h is starting to form some really...
Now that the market is doing better today, it is time to scalp some altcoins that are down a lot. RVN/BTC has some good potential as it is right on the bouncing point of support that has held for multiple days. I'm only expecting small movement, potentially up to 30% - but after a weekend of bleeding that would be very nice. Waiting for the bullish crossover on...
Very risky trade scenario, but TRX/BTC has finally passed some longterm resistance and is shooting up. I am buying the breakout here @ 113 sats and setting targets at the retracement levels from the last run. Entry: 113 sats Targets: 139, 155, 168, 177, 200 sats