Trying to catch a final bull rally into supp before a short move downward.
Expecting a strong bounce off this level. Combined FIB and previous HH support are a must keep if we want to stay bullish on AUD/USD. A break of the 200ema is bearish so if this level does not hold we can expect a heavy short term move downward. Currently we are disregarding the 200ema break as a liquidity hunting (aka SL hunting).
Looking to catch the draw down before a bullish continuation on USD/JPY. Invalidation is a LL close below the cloud (around 109.3) so we will try and enter as close to this point as possible to maximise our R. Currently we are testing the 109.9 support so if you feel the FOMO a small % of a entry could be around the current pa. Target is a return to the support...
Currently at a relatively strong support for ETH/USDT, due to the LL and LH's a short term move down is likely. We're only trying to scalp a few pips here as the crypto market as a whole seems to be coiling for a giant move but it is not yet clear in which direction. NB: if the resistance is broken by a daily candle a long to the higher support becomes the play
Expecting a small drawdown as previous support has been broken and we are well overdue a return to the 200ema on the 1D.
The recent drop in the market was a little overdue but that did not make it sting any less. Now the dust has relatively settled from that huge leg down, the question that will inevitably be asked by everyone is "what next?". "Do I have to liquidate my entire stash of digital beans and run for the comfy hills of Fiat as fast as my stubble little legs can carry me...
ETH and BTC are diverged and I cannot be convinced otherwise. Overall we have seen a bloody retracement across the market and all eyes are now on ETH to start the healing process. We've just hit a huge support and fib level which is a great place to lick our wounds and consolidate before a leg up. However, if we drop below the grey rectangle I will be shorting ETH...
Fundamentals: Buy when the market is red, sell when the market is green You have probably heard heard the rumblings of a "DeFi summer" on the horizon and if the current ETH/BTC bleed holds at this support its worth getting in early on some DeFi goodness. I love bidding on undervalued/underknown projects in current hype areas and LINA fits the bill perfectly. A...
Fundamentals: The current sentiment in the market is heading toward a beautifully frothy altszn that will hopefully be the catalyst for erecting my nipples for the first time since my wife left me. Today we have seen the beginnings of the frenzy with the ETH killers making strong moves upwards, Solana making a new ATH among them, whilst ETH calms tf down and...
Fundamentals: During the most recent DeFi pump in February, data focused coins were some of the last to chad upward (ocean, grt, data) lagging behind all the DEX and ETH killers tokens. This time around it's seeming like history is rhyming, ETH competitors look great with SOL stealing the new DeFi hype train from BSC and DEX's are making great headlines. But...
Bounce off resistance and overbought on the stoch RSI could mean a small correction downward over the next few hours. Good place to take some profits out of a long to reload at a lower point, ideally at one of the Fib levels. Good luck!
Mornin boys, firing off a quick long after ETH looks like its slowing down its bleed. Fundamentals - AVAX fits in the narrative of ETH killers and is (relatively) undervalued compared to its competitors currently. FA/TA mix - ETH bouncing off the 3820 support means we should get a violent move upwards as it dictates the movement for the vast majority of ALTS...
Fundamental Analysis: With all the recent Elon and general meme coin fuckery, its time to look for strong narratives for all the frothy profits to move into. Two great narratives this bull market have been "Eth killers" (lol) and DeFi protocols. Out of the Eth competitors (DOT, MATIC, BNB, AVAX etc) Solana seems to have one of the strongest budding DeFi...
Compared to the other Defi yield protocols, Curve has been undervalued for a while. Maybe its the god awful/beautiful ui they have but in a world where bsc copy and paste farms are valued between 5-20USD a old school player like CRV is going to catch up hard. Fundamentals aside, from a TA perspective the chart looks tasty for a short term entry. We're hoping for...
After ETH making consistent ATH's and holding itself together, its time to look for a few tasty ALTs that might out-perform the market in the coming weeks. REEF is a dark horse contender after the price never truly recovered from the mid-March twitter drama FUD. From a fundamental standpoint, buying after a bad news period that did not include the product is...
After ETH has teased us all and wiggled back to ATH levels. It may be finally acceptable to allow the faint whispers of the forbidden words of the old gods past our dry cracked lips. "altszn is here" When picking the first breakout tokens, one must praise the blood god c'thulu and search for strong consolidation among the alt brethren. NEO has had a...
Normally after a ETH pump it'll bring the alt/shitcoins down with it as it corrects before our alt brethren can sup at the nipples of the great green chad god and pump to infinity. With this in mind we are attempting to dual enter AVAX on its 4h supports of 27.25 and 26.3 with 50% of our position size on each entry. SL is at the lows of 24 TPs are at 30 and...
After the ETH breakout last night I am expecting consolidation toward the arrow before breaking in a upwards direction for a giga chad candle. To try and catch this we are doing a double entry at 2269 and 2242 at half of our position size each. TP will be at 2327 for 40% and 2362 for 40% leaving 20% in for a moonshot if we a blessed by omega chad SL below...