Would like to see price to recapture 19k for a reversal signal. No buy signal so far.
Market capitulation or flash crash isn't new and we should not be shocked about huge price dumps. One needs to embrace the worst case scenario and protect the portfolio or assets during such an event. Now, since the BTC price is still staying low, it could suggest the market participants are not ready to provide the liquidity so far. When the BTC price stays low...
The price is still outside the Gaussian channel after the big dump. Yes, I have trimmed down my positions as planned to save my portfolio. After FTX's debacle, other entities could be in serious risk too of going insolvent. They too can dump their positions to meet their collateral obligations in coming weeks. So, do not think the worst is over yet. Stay calm and...
Watch the price to break above the $33 level. This is the signal to stay long or go long. There is a huge spike down in running the stops and price is recovering fast now. Still like it break past 33 should you need to hold you SOL bags. Good luck.
The nearly 10% price drop in over 24hrs is seriously concerning for the bulls. Now BTC is near the bottom of the support floor and there is a risk of breaking down very quickly. The US mid-term election is taking place here and volatility before and after major events are prime area folks like "Byenace" and "FUX" will show up and move the market. I have seen such...
Solana dumped 20% within 48 hrs. BTC by 4% in 24 hrs. I had anticipated the dump to show up on que and wrote about this in my post. The latest FUD was initiated by "Byenace" and "FUX" together, bamboozling retail folks. These guys trade on the other side, remember that always. If we see the price dumps further, I can confidently say BTC could see new lows. But I...
There is a lot of consensuses for going short at the current level all the way to 10k. I agree the market sentiments are horrible now and economic data has not looked good throughout the whole year too. So, it is justifiable why anyone should feel bullish on BTC now. But there is always an opposite reaction in the market to confuse our rational thought process and...
This is a granddad of crypto like BTC, now not so much in the news anymore. Buyers have since left and the shorts are now trapped with no further selling pressure. So, there is a potential upside coming, like 88% as money starts flowing to this asset and the shorts have to exit. Remember XLM has been on a downhill since May 2021, crashing way before the great...
Today's BTC and ALTs spike confirmed my thesis that smart money is quietly pumping liquidity to the markets. I have been talking about this lately. There is no technical indicator to reveal such influx and I have to use my very own method to determine the facts and act on it. You also won't read any headline news what these guys are doing behind the scenes. OK,...
I have been scaling up on BTC and other cryptos over 2 months. Still no clear indication what BTC is going to do overall. That's investing, but you still need to have an exit point. For me, if BTC drops hard below 18.5k, I plan to trim my current crypto holdings by half and accept some loss, otherwise my take-profit levels are such. Why sweat?
If youre already holding gold assets, this is not the time to sell. Look to add more when the price breaks above 1680. As bidding holds the price beyond this key level, gold can go further up. You can't go wrong keeping 10-15% of your investment portfolio with a mix of gold and silver.
Just like in June, AAVE can see the benefit of smart money deploying their cash reserve once again (which they held back last couple of months). Generally, crypto market (including BTC) will greatly benefit from this new inflow in this season. Watch for it and ride the wave for a well deserve upside.
Nice entry point if you want to put some money to work. Short term target is $22. When smart money is entering, the indication will be big moves with small pullbacks. Hope to see this is coming weeks.
Be extremely selective about what you are buying these days. Just added XLM for a short term play. This is based on the idea that smart money will be pumping some liquidity to the stock, metals and crypto markets in the last quarter. We have seen gold/silver react to this influx. BTC and other cryptos should get the short term windfall imo. So the upside is about...
This is not the time to go short when price has been depressed so long. I am picking up more and generally see a bull case for $BTC and other top cryptos. I think the smart money going to infuse cash into the crypto market and hard commodities like silver and gold have started to reflect it. Again treat any upside as a bear market rally, so don't go wild deploying...
Definitely picking up few coins at this stage. Chart on $Link looks bullish and my profit target is $10. $Link is already in value area and even a 40% drop will be another buying area. So scale in to build your position.
Waiting to deploy some cash and it will likely be APECOIN this time. Next target $8 (only if we see price above $6). Until then, just stay on the sideline.
EOS current price bouncing off from $1.44 support is very notable. Like to see it push up to $1.80 this week. Then it further confirms the next target for EOS will be $2.20 imo. $1.80 EOS can also indicate BTC could reverse at the current 19.7k level and reach $25k soon. From $25k level, BTC can push up to $29k level on massive short covering.