With the uncertainty around the stock market, bitcoin, and life in general, it can be hard to try to make sense of all the madness. With that being said, there is always a reason to find hope, which in this case, is the $OCEAN chart. Looks like there's been a nice bounce off the 750 sat area which will continue its upward trend. I am long on the $BTC pair,...
$DAG looks to be back in a heavy accumulation zone, with 80 sats being the bottom and 105 sats being the top. By the looks of it, I expect to see this staying here for at least a few more weeks. I would start building a long position with bids around 80 to 90 sats. Once accumulation is over, I am expecting fireworks!
The monster itself Chainlink doesn't want to quit! Looking at the 4-hour chart tells me $LINK is in a bit of a cooldown period before the next leg up. I am bullish for the next week, but I wouldn't be surprised if we had a wick down to about $4.20 before breaking the diagonal resistance. With $BTC showing a lot of volatility, I have buy orders set low, but not...
When I trade, I look to make gains in both $USD and $BTC. Although I believe that $LINK will be making gains with the $BTC and $ETH pair, I still think that $LINK is looking at a current diagonal resistance after slipping beneath this trendline. The way things are looking right now, I have bids set around the $3.50 area, which has been solid support for $LINK in...
Update on my $OCEAN analysis: It looks like the Market Maker has decided to not let this dump before the AMA tomorrow at 7 am EST. If there is a significant announcement, then I am expecting an ATH run, especially with the breakouts we've been seeing lately with alts. If it turns out there was nothing significant form the AMA, I am expecting a dump to 700 sats....
Still watching $OCEAN as my next play for when it hits a decent buy zone. With $BTC looking like its heading downward, I am in cash on the sidelines until things settle down. With a head and shoulders formation on the 4-hour chart (albeit not a clean formation with a long right shoulder) I am expecting $OCEAN to hit 650 sats. Depending on how $BTC behaves, my...
Looking at $DAG as one of the lower caps with potential for a big run with $BTC dominance breaking down. Currently, $DAG is at horizontal resistance of about 105 sats after bouncing off horizontal and diagonal support at 92 sats. This one is tough, as there might be a slightly better entry in the coming days below 105 sats, but not a guarantee. Last time $DAG...
Alright now, this is one sexy coin. Full disclosure: About 90% of my crypto portfolio is in $LINK, and for good reason. Right now we are on a major upward trendline support looking to bounce, with sturdy horizontal support below it at about 37k sats. I don't think anything explosive is in the playbook for the next few weeks, but I'm betting on a massive breakout...
Tezos has a cleaner chart for the BTC pair rather than the USD pair. Long time trendline support has now become a key resistance for Tezos. I am looking for a short if it hits the 30k sats area and a long for the 26k sats area. Expecting Tezos to range between those two points for the next couple weeks. Long term bullish, but needs to reclaim 30k sats as support.
The range for $OCEAN during 2020 on a daily timeframe. Currently rising on declining volume from a small bounce off the second to the bottom trendline. Although they are launching V2 of their platform in the coming days, I think BTC has too strong of a case to see this, or any salt, make any significant moves. My bet it this will hit both bottom trendlines before...