I think bottom in crypto is probably in and we're now chopping around the bottom. expect SOL to top out in the short term at this range and grind lower before resuming moon mission this fall.
GRT looks bearish here as it looks to break below the current Fib support (.382) with decreased volume and looks to be heading towards .60 cents on the USD/Tether pair. GRT bounced off the .382 Fib level last month as it retested the .618 Fib before ultimately making a lower high and looks to be printing lower lows.
GRT has alot of room to fall from here if we...
left side of the chart is the 2017-18 bull run and reversion. on the right is present day. we have a long way down and there is no support until ~$1400 USD. Market looks like shit, DeFi TLV and volume is rapidly disappearing (RIP Mark cuban). Secure your profits and wait for a lower buy.
god bless!
3rd leg up coming after consolidating post-rip. ready to retest ATH. strong support at $1000 as demonstrated by two hard bounces during retests. set bids there for new entries, 1200 as well if you're impatient.
best regards,
g'day mates. here is my CRV bull thesis for this summer:
flat accumulation for months, hasn't pumped yet like most other coins, has normie eyes on it listed on Coinbase, it is under 5$...everything is there for it to send. right now traders and HODLers are looking for growth and specifically for coins that haven't had their pump yet.
CRV is one of the few...
$SNAP pumped big after earnings 2 weeks ago and proceeded to dump. previous post earnings dump bounce around $15.35.
think it dumps this week. May 8th $16-15 Puts prob a quick winner
edit: on chart I wrote 15.5 Put for May 8th- i was looking at $SLB please ignore
NFLIX : $420 BY 4/20?
weird hammer/spinning top/doji/pepperanne close and approaching oversold territory. fake ass fed pump is over and NFLX aint getitng bailed out.
DUMP IT
BAT:BTC pair. a consistent performer in terms of its market cycle.
currently approaching all time lows to scale back in in anticipation of the new bull cycle. if you were to enter this trade, i would look to sell at previously established highs in the areas of 45-52k SATs , per the fib lines (78% and 100% lines respectively) . RSI profile playing with oversold...
