theponzimaster

theponzimaster Updated 

I should really have entered this trade much earlier, as you can see my setup was in place for the right levels. But, I lack confidence as a trader, and while my analysis is good, I suck at timing entries and exits - and stops will often drain your capital in crypto. I've decided with this resistance broken on volume, in a rather sluggish market, to get fully...

theponzimaster

This chart is an odd one as it's entirely defined by two ranges - a zone where price is constantly sold off, a zone where it's guaranteed to buy back, and a few levels in the middle that I wouldn't necessarily trust as either support or resistance, which seem to merely be reaction points. Two conditions I might get into this: - A convincing exit from the...

theponzimaster

I did this when very tired so not 100 per cent sure, but looks to me like a nice uptrend that has potentially been broken and will likely be re-tested. Plus we see here a resistance - support flip that is now being tested. First test is best test. I will monitor this closely and look for continuation. It's worth noting the lack of chart history here and this...

theponzimaster Updated 

Just a thought. Seems to be very bullish indeed and no indication of change in trend as of yet.

theponzimaster Updated 

The move down in March was a black swan, seems to be trading in a tight range and I think will eventually break to the upside in a month, or two, or three. I would feel comfortable buying on this support.

theponzimaster Updated 

Looks good to me

theponzimaster Updated 

Uptrend broken partly due to bad market weather. Looking at 1209 as most likely reversal point. Not sure how the Flamingo ICO is fundamentally going to change this. It may be there's a final rush to stake before that launch.

theponzimaster

I am not sure in the current market conditions $UNI can take out this resistance without reloading at the purple line. I am watching this and if it goes back to that area, will buy with a tight stop loss and see if the trade works out. Risk factor - BTC is currently dancing a tightrope, dump could happen.

theponzimaster Updated 

S and R a mix of recent price action and levels from blow off top in 2018

theponzimaster Updated 

Thesis: UNI-BTC will dump down to an attractive level, if it hasn't already, build a base and then go for another leg up. Timeframe: Weeks Outcome: Enter at one of these levels with a tight stop loss, based on previous wicks. Invalidation: Whales are trying to shake out and mess with current entrants and accumulate, I could get stopped out twice and lose up to...

theponzimaster Updated 

Strong bearish river on $UNI with no sign of abating. I feel confident it will have a moment of truth at 3.45 or 2.45 levels (roughly). I want to see a strong buyback at one of those levels and a higher high. I would be surprised if it stopped here, especially with market conditions very rough indeed. Twitter morons are all saying "time to buy back in bruh" but...

theponzimaster Updated 

This is why I trade price action more than fundamentals in the crpyto market. The space is mostly full of gamblers and everything gets moved aggressively by BTC anyway. OMG has some good fundamentals right now, but the accumulation promised by Twitter morons is nowhere to be seen. Instead a market cycle pattern is playing out and I wonder if it will retrace to...

theponzimaster

I have my eye on the purple line. Expect bearish continuation up to this point, these mid-bull-move levels don't tend to hold up well as support. The levels at the start of the bull move, you'd think would be interesting to traders and may be where buyers would start to come in again. If I saw a bottom forming here and $BTC was behaving itself - say, in...

theponzimaster

What worries me about this chart is the price hovering below 10.5 level, just as we saw in September 2019. September is a bad month for Bitcoin historically. I've long been looking at 9.6 level as a place for BTC price to head to. For this reason, I'm not actively trading anything right now, just watching $UNI with interest. The market weather is too patchy...

theponzimaster Updated 

Good chance this gets ruined by $BTC dump, but I can see this working. Sell pressure seems to be thinning out and Uniswap 3 is going to launch in the next few weeks.

theponzimaster

LINK is selling off after a great run. Looking at the levels identified in blue.

theponzimaster

DOT is currently resting on support after a modest downtrend.

theponzimaster Updated 

- trading in a tight range, under a Res that held strong twice in 2 years - current support was last used in Sept 2019 - when it gets into tight range like this can only rip up or down, hard (see Jun/Jul 2020) - my bias is that we rip down to approximately 9036 where there's more effective levels