If this breaks support and ranges down, expect that this would be a nice 10% short opportunity before it likely ranges back up and tries to reclaim that level.
NEO is currently resting after a strong bullish river abated. We need to see if this will hold as support in which case we might see a moderate leg up. A lot of the recent uptrend appears to have been driven by the Flamingo Finance DeFi project. We could see a dump after people get what they need out of that project (honestly, not that familiar with it but need...
$UNI is bear hugging a support turned resistance much as it did in the $5 zone. Most likely it hangs around here then drops to 3.8. I would be tempted to go in hard there and same at 3.4 if it wicks down. Great project but right now, suffering from a sense of deflated hype as well as whale manipulation and likely some sell pressure from any more stimulus...
Looks like a long-legged doji on $YFI weekly chart. $YFI just touched the support again. I'd consider this a pretty good long entry. As ever, dependent on BTC behaving itself.
First time I have looked at this - the boomer's answer to cryptocurrency. So it's currently resting on a level from 2011 (as far as I can tell, just looking back on the chart) - the level doesn't look like it has a ton of recent chart history. I'm targeting a support level below as a good buy point. We'll see how this progresses.
$YFI update on my previous chart. Needs to break that resistance. Would potentially buy that support again with a tight stop - obviously a 3rd touch isn't great, but this still has a massive DeFi narrative behind it.
Looking at recent chart action, this seems to consolidate for around 30 to 60 days (roughly) and then pop mostly to the upside. So I would be closely monitoring this for a confident break from this range and would be a buyer for the long-term. Really quite a beautiful chart and if you timed a good entry, this would be a nice addition to the portfolio. IF it...
As far as I can tell this is the range that matters when it comes to BTCUSD right now. I've not re-drawn this chart because I haven't had to... If it can flip this resistance to support with confidence that would be a very good thing indeed. But it feels like we're being toyed with here, and it yo-yo's back and forth between important levels.
Live trade. I intend to buy back lower, a little bit into the previous wicks. Think a lot of farmers are dumping this and we could see further downside before BURGER starts tasting a little bit better.
Dear Diary, This week was good. I had a lot of fun monitoring $UNI and did a quick scalp of $BAKE that was good fun. What I've learnt this week: * Daytrading is not for me * Following the 4h and 1h price action isn't profitable for me, but it IS interesting * The goal is to make money - sometimes patience and passivity is the best strategy What is better...
I quite like the look of this one, a massive steep downtrend and a potential change in direction. If you manage to catch these moves and let them run they can be hugely profitable, and it does look to have bottomed out here. I would look to buy a nice break of resistance or the next return to support. Will closely observe this one on the hourly.
This is a more nimble version of $BURGER. Some clear S and R lines forming here, which of course can be thrown out of whack by large holders dumping or pumping the price, as we have seen. If it goes near this support and can bounce I would see an obvious 30% opportunity, it looks to me like there's a potential for a range in the middle there.
I got a bunch of BURGER on Binance Smart Chain for one simple reason - I wanted to test out the Smart Chain and see how it worked, have a go at providing liquidity. It was fun... not profitable... but it was fun. Locking up my funds and then being given some funds as a reward? Is this how boomers used to make money with legacy finance products? Is this how...
Back at my second point of entry (first was $3) and now targeting $7. There's some local resistance to get through and then it looks good for a move up.
Trendlines aren't working for me with UNI, it really feels like this is toying between key levels, with a general push upwards due to the upcoming Uniswap v3 catalyst. If USV3 were a disappointment (it's a possibility) or simply takes far too long to come around, for example still not here by EOW next week, then 3.8 is the place I would be loading up big...
Not much to say about this one other than, to monitor closely. Not sure about the fundamentals, who knows, it might be overbought due to COVID-19 fuelled video game hype.
AAPL has had a few drawdowns followed by good runs recently.. The median average drawdown has been just over 31%. Assuming we get something similar here we'd see it hit this support mark which would be a nice place to buy, assuming no break in overall uptrend. A LOT of big ifs here, such as the election and the S+P.