z3bracoRn

z3bracoRn

is 3k eth a steal? i would say buying around 3k has great risk reward especially after etf has been approved and if i goes under $3k even better! but we have 2 very important trendlines on the chart. resistance that goes from ath. and a support line that perfectly matches up from 2017 until now. we are currently in a symmetrical triangle and due to break by this...

z3bracoRn

one of the gems ive been long term holding is panoverse. they have announced there game on epic games, we are seeing a potential double bottom here with a target of around 13 cents. panoverse looks like one of the stronger alts to this day with fantastic tokenomics.

z3bracoRn

as everyone waits for alt season we are seeing possibly some hope for alts, dot is currently seeing an inverse h/s hasn't broke yet but we will see what happens this week. i still think current alt markets look a little weak yet but at some point we will see a bottom pattern. if this pattern plays out we will have targets from $7 to $7.30. if neckline doesn't...

z3bracoRn

chainlink is currently showing a head and shoulders pattern, if this does break down a good price to try and get in at will be anything under $9. after link accumulated last year it never retested the breakout. if we see one last dump/capitulation then this would be a target.

z3bracoRn

going out to a big timeframe (monthly) we can see the risk reward for glmr is extremly good, we are looking at a double bottom and target would be around $1.40 which also lines up with first fib. on most timeframes from daily all the way to 2 month we can see rsi is bottomed out. risk/reward really good with this who can hold for awhile for alt season.

z3bracoRn

this 3 day tf inverse h/s is just one of many bullish patterns that can be seen on bigger timeframe.

z3bracoRn

alt coins have been bullishly consolidating for the past month, this is looking very promising as a lot of indicators got reset and btc is breaking to the upside as well. will be interesting to see if btc conintues to pump even after halving, (normally likes to dump on or after halving) with buy the rumor sell the news. all in all crypto is looking very bullish...

z3bracoRn

a lot of alts are alt marketcap is looking pretty bullish. so as long as btc can avoid dumping i think we can see a lot of alts continue back up. glimmer is in an interesting spot, trying to redeem the resistance again but also in a rising wedge so bullish scenario glmr will get to $1 over these next few weeks. unless btc dumps obviously. which going into april...

z3bracoRn

no need to panic, a couple months of chop and boring to complete these 2 patterns and we'll be back on the moon mission. as i said in earlier posts i think it would be healthy to consolidate in the 60's for quite awhile to reset some over heated indicators and flush out people. currently there is about 5 billion dollars that can be liquidated in shorts around...

z3bracoRn

bitcoin is showing some signs of bullish pattern setups on the monthly. inverse head and shoulders and also a cup and handle. with a technical target of 300k. it would be also very healthy for btc to chop around in the 60's and flush some panic sellers out for a few weeks or months then continue up.

z3bracoRn

as we continue to consolidate i think over the next couple months this is likely to break down towards the 99 level has fed starts to cut rates, and all risk on assets pump more, unless some bad inflation numbers come out.

z3bracoRn

btc is currently making a massive cup and handle pattern, i do expect this to play out over the next couple months, if this really is a double top for the bears then 4k is a target which is very very unlikely. the target for this move would be over 200k over this year. anyway see you guys at 100k

z3bracoRn

polkadot is forming a inverse h/s, as polkadot has been a bit lagging behind i do expect this to break out these next few weeks and retest, i drew a line to what i kind of expect. technical target lines up with the .38 fib level as well, with any pattern we see declining volume as we near the end up the pattern. want to see higher volume then normal when we break...

z3bracoRn

with new coins coming onto the market always a high risk high reward, panoverse is doing good things and with a market cap of only 3 million as of writing this there is a lot of upside left if you didn't get in earlier. we are making a bull pennant on the 8 hr tf. technical target out of this will be about 70 cent area. price discovery is always fun with low...

z3bracoRn

the dot eco system has many new projects that haven't seen a bull market yet. glmr and dot both showing inverse h/s on the weekly tf. if glmr can get past this resistance we should see a technical target of $1.50-$2.

z3bracoRn

altcoins really trying to make a break out here, been holding support and needs to make a decision this month. break support or falling wedge

z3bracoRn

im really digging this support line, though i think trias would be a fantastic buy $2 - $2.50 area. still not pulling the trigger to buy more yet. couple more weeks or less it should start to move up or down.

z3bracoRn

i think crypto as a whole still has atleast one more good dump yet, ltc is currently on main trend line and happens to be head and shoulders as well. if ltc can't hold the ~$50 horizontal support good entries will be $30-$40 range maybe even lower. i do expect to go lower short term but not guaranteed. be really good dca on ltc in this range though.