sugarjun

sugarjun

BITMEX:XBTUSD We just double bottomed and bounced back up and are now consolidating with bearish intent. I'm guessing this is just an opportunity to trick the normies into thinking that the bull run is starting. We literally ripped through huge sell walls to get back to the 4k zone which gives a sense of false hope for those who are wishful. Unfortunately for...

sugarjun

I see $XRP heading down to its yearly support level of around 24 cents after breaking the weekly support of 31 cents. It's very much all up to the yearly support line in this extremely bearish market with an average of 35k plus investors shorting the market on bitmex alone (data taken from bitmex exchange). At the moment I am very pessimistic in regards to any...

sugarjun

beautiful forming of a Head and Shoulder pattern. Bouncing off of support. News of Koreas crypto "Ban" made clear that it will not be so easily done as they need a majority of over 297 members of the National Assembly to agree to this. Not to mention how much time the process would take. Created unnecessary FUD and the bounce back is clear as the Korean market is...

sugarjun

we had a great bounce at the 1.62 support line which means bears are losing their power and bulls might be back in the game. The four hour candle needs to close above this line for a confirmation of the rebound. Another resistence is at the 2$ range so we need to keep an eye on this. Once we clear this we are set sailing back into new highs as we get great news...

sugarjun

icx looking like its up for some downwards movement and then back up to the top definitely a top pick on my crypto list and worth holding even now. This is just my view on how it will move which is mostly speculation. I am a long holder on Icon.