seanmcgaff
One of my favorite 2020-2021 long positions is $XMR. Largely for fundamental reasons (proven secure, privacy oriented, minimal transaction fees in comparison to BTC), but the technicals are also beginning to line up in anticipation of BTC halving.
Keeping an eye on the RSI/price divergence here...
Clear diversion between RSI and price on the 4 hr
MAXR has a few recent news headlines going for it with America’s new Space Force. The bottom of the Bollinger Band has been tapped. I expect us to rise to $25-30 from here within a couple months.
As we all know, the price really depends all on BTC price action. Coincidentally, BTC pattern looks quite similar. Holding off on opening a short until a breakdown is validated.
I like FSLY here at the support of around $22.50. Personally looking at $25 calls for mid March.
Bollinger Band squeeze resulted in a move upwards in both price and volume. Buy signal validated by ichimoku indicator on the weekly (solid green bar).
Roku next support in the $105-$110 range and $65-$75 range after that. Load up on those puts.
My intuition tells me it's not. I think the Fed will be able to keep the stock market afloat for another 2-3 months (unless CoronaVirus goes really beserk), and AMD will reach new highs in the $55-$60 range as indicated by my completely arbitrary, diagonal line.
BYND consolidation in this uptrend forming a symmetrical triangle on the 4 hr chart with easing volume. Hoping to see a breakout of this structure followed by an increase in volume towards the end of the week/beginning of next. If so, I can see the price reaching the $140-$160 range in a hurry.
Over the next several weeks/months I expect the price per miota to accelerate towards the $0.40-$0.50 range
Weekly buy signal (solid green candle) through the ichimoku cloud has been a clean signal for monero in the past. I wouldn't be surprised to see $100 XMR by the end of March.