rafa1239

rafa1239

Let's see is this trend holds on for a few more years. A lot of downward pressure exists for China given the aging population and the fetility rate colapse of the country. On the other hand, upwards pressure exists too given the devaluation of the US dollar in respect to the currencies of developing countries.

rafa1239

I think the resistance will HODL but maybe it could probably be a great trade in one year or so.

rafa1239

The PER of Alphabet is already 20. Difficult to do way better but right now I would stack a bit of cash and see how this unfolds on the coming months.

rafa1239

MicroStrategy seems to be ready for a new leg up from here. Price of Bitcoin can't go down by much more in my opinion (when looking at on-chain data).

rafa1239

Inflation rate of monero vs bitcoin seems to favour a bounce at those levels. Nevertheless Monero might be losing it's network effect towards Bitcoin. But when it comes to nominal prices (XMR/USD) I am bullish siven the Stock to Flow of Monero.

rafa1239

At these levels the PER of Facebook is low. But still, i wouldn't go long on a company that is losing steam in relation to their competitors.

rafa1239

I don't believe we are heading towards a Altseason. Yet, given the fact that I am a strong believer on the Bitcoin Stock To Flow Theory I think the bull run is not over yet. Betting on a speculative trade (like on Litecoin given it's chart formation as well as the fundamentals) could bring great returns given the fact that the Litecoin's market cap is relatively...

rafa1239

I don't think I will play this trade as I'm neutral on a higher time frame (lots of macro events to take into account)

rafa1239

Orange Resistance Broken. Great Risk Reward if this one goes well. Take Profit: Above All Time Highs. 1000 USD per coin seems reasonable for this year Stop Loss: Last Bottom The fundamentals are great. Low inflation rate (coinmetrics.io) And altcoin who actually deserves a need (privacy)

rafa1239

This is an important support even if it has only been tested twice. I see no clear supports bellow this one, therefore the trade seems to give a nice Risk Reward. PS: The graph as also some older analysis on it. They are not relevant in here.

rafa1239

This chart shows the outcome I think will happen to Monero in the coming months given the bitcoin bull run and the coming/starting alt season. Any constructive commentaries are gladly accepted !

rafa1239

Objective is 2200 USD, the all time high adjusted for inflation between 2013 and 2020 (being conservative) . Another way to profit from this setup would be to buy "leveraged paper gold", in other words buying gold stocks... In this case it would qualify it as an excellent "buying and hold" opportunity for the coming years, mostly as a great and reliable inflation edge.

rafa1239

Let's see how this goes ! I'm not trading this one but still interesting to see on the 4H what is getting built.

rafa1239

Same Bearish Target as the first correction we had in the 2017 bull run : -40% from the top When we hit a new low or at least get a price stabilisation in about 10 more days it's going to be time to go all long again. My suggestion would be opening plenty of small, high leverage positions spread over a few days to dollar cost average the local bottom.

rafa1239

If the resistance eventually becomes a support after a pullback we have a good entry.

rafa1239

Looking at RSI we can have some good ideas of Bitcoin buying opportunities during this bull run.

rafa1239

Still Bullish on the 4h frame. Potential good scalps to do.