spaceboots

spaceboots

It has been some time since I have posted on this asset, but we are seeing positive and bullish momentum in recent weeks across the crypto space. I wanted to wait for confirmations before posting and update here. It has been a two year bear market that we appear to be coming out of as of October 2023 and into early 2024. We have gotten confirmation on several...

spaceboots

QQQ has just hit a weekly resistance level of $372.85 and showing signs of a possible pullback or correction. Nothing is confirmed yet, but this idea shows the possibility of this being the beginning of a cup and handle formation dating back to a late March 2022 high of $371.83. The most recent weekly high and resistance level is a mere $1.02 from the 2022...

spaceboots

As interest rates continue to rise, existing bond values have fallen over the last year and a half. It looks as though the Fed will continue to raise rates at a slower (25 bps) pace than last year, which will still create some downward pressure on bond prices. However, as prices are falling and yields are increasing, this makes these entry points extremely...

spaceboots

The last few weeks have been quite the roller coaster in traditional markets, while crypto has edged upwards steadily. However, as price action has edged upwards, underlying technicals in RSI, MACD, Trading Volume, and Stochastic slow have been flashing bearish divergence underneath. Do you think BTC is bullish or bearish?

spaceboots

Re-publishing this idea for BTC in 2022. It seems this was a bit ahead of schedule due to ongoing macro forces continuing to push the markets down. I was using the 2017-2018 bear market as a comparison and expected to be hitting this point in November. Very difficult to say where we will go from here. Market sentiment is still very low, traditional markets are...

spaceboots

Keeping an eye on $DOT, as it is my alt of choice to trade in times of high volatility. Hidden Bullish Divergence developing on the 4 hr chart, awaiting on confirmation and a bounce out of oversold. This would be a short term scalp with a small 10-20% gain target. Anything under .10 could be appealing, should we get these confirmations on RSI and MACD in coming...

spaceboots

An idea for Bitcoin in 2022. Looking like a weekly reversal candle right now, could mean a small rally to mid March when the Fed is expected to impose initial interest rate hikes with potentially more throughout each quarter. Possible year downturn before a take off again post-2022. Possible time to accumulate :) Using 2017-2018 downturn as a comparison, could...

spaceboots Updated 

After breaking out of a multi year cup and handle pattern due to a coinbase listing in November, Origin Trail ($trac) is looking poised for a continuation of its uptrend. After a big pump in early November, the dust has settled but showed signs of a break out above resistance yesterday Nov 28, 2021. Still room for invalidation as it retests the trendline, but if...

spaceboots

Hello, giving a small thought on $CIFR chart. Recently there was a PIPE unlock that brought this company down to deeply discounted prices. It appears we have bottomed and given the plans this company has for it's hash rate (recent purchase of 28,000-56,000 Bitfury Next Gen Miners for deployment in 2022 and beyond), key hardware partnership with Bitfury, and...

spaceboots

First off, I am an amateur chartist and observer and this is my first share, so this is not financial advice. A couple of scenarios that can play out: To see a bullish continuation we would need to see a breakout above $58,000, ideally $59,000+ and hold support above the long term trend line, then make another run above $60,000 and beyond Further bearish...