There are many factors involved in current BTC price dynamics, which I will not get into right now. But if you are a long term bull, it makes a lot of sense to accumulate here at $20k. If you view the weekly runup to the 2017 top of $19660, subsequent dump to $3120, and return to ATH as an ascending triangle pattern, the break above $20k on volume validated it....
NFT tokens are incredibly hot, so going for a revenge trade on OGN. Last try stopped out with the Elon / energy FUD dump, but it consolidated nicely and built a decent base here. Daily is above the 200ema and just broke short term green downtrend with stochastics giving a tailwind. Anything under 2600 sats should be fine for entry, and my conservative stop loss...
Fantastic place to pick up OGN with low risk, in my opinion. Triple support, including 2 long term trendlines converging just below price. Daily has a recent fresh momentum high and stochastics are bottomed out. This one is ready. Set a stop order under the support cluster for excellent risk-reward ratio. Note: Post is for entertainment and educational...
H&S breakout some days back and retest appears to be holding. Idea is to add to longs <30k with orange line defining stop loss. Target $144k. This trade idea is for entertainment purposes only and is not intended as a recommendation to buy.
LINK USD is currently sitting above a confluence of trendlines and has posted a large bullish wick on the daily right at quad support. If this candle is a precursor to an extended rally, a long position here would be low risk with a stop just under red support line. Near term target of $5 with hodl possibilities above that line. If stopped out, would look to...
This is my kind of setup. STORM has gotten beaten down hard the last 2 years. All time high for this coin was 935 sats its 2nd week on binance. Then it declined 99%. We have bullish divergence on RSI, and it looks like it's attempting to start a new uptrend. The first pump or two will probably be short lived, but it can jump 50-100% here in no time at all....
Here's a coin I've watched since it was listed on binance and believe is due for a turnaround. Populus has been beaten down over 99% from the ATH, has bull divergence on weekly RSI, and has broken the weekly downtrend. Price is near the lower Bollinger band with compression taking place and volume building. Full disclosure, I went long just above my red stop...
Here is a high risk high reward idea from me to you. Siacoin has been beat into the ground, and I think it might be as ded as it's ever going to get. The weekly is stupidly divergent on RSI and the downtrend may break up soon. A more conservative play would be to wait for green line or higher breakouts for confirmation of a new uptrend. But I'm already in, just...
Here's an alt which has had a history of wild fluctuations and looks to have completely bottomed out. Long the breakout and be patient. Returns will come. Full disclosure I am long YOYO with stop loss defined by red trendline. (Not trading advice. Trade at your own risk. All altcoins have high risk of capital loss.)
First idea. Hope you like it. :) STEEM is a coin that I've followed since 2017. Most have left it for dead, but assets that are hated, oversold on long time frames, and in a weekly uptrend are always buy candidates for me. Fundamental value in the crypto space is always questionable, and I can't tell you whether the STEEM project is going to meet their lofty...