Looking at shorts towards 1878 before we see a correction to the upside as we are approaching the end of the month. After this short, I will be looking to take longs into mid next July before looking at shorts again.
I will be cashing into this move on behalf of myself and my Account Management investors.
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we endured and hopefully survived through.
Markets are designed to shake you out
UP ONLY doesn't exist in the real world in a real Marketplace ... save that for the PONZI schemes (ahem Madoff)
The days of 80%+ value destruction in #BTC SHOULD not happen
(unless we see a HUGE spectacular blowoff event)
Looks like Dogecoin (DOGEUSD) has gone up for a while now printing massive growth...
We have multiple bearish signals starting to develop on this chart.
Today, we can see DOGEUSD moving below EMA10.
EMA21 has already been tested as support... The next time it is hit it is likely to break.
We have bearish divergence with the RSI, same on the weekly...
As you can see here, Bitcoin is still within our psychological range. Let's see if the highlighted wick has gathered enough liquidity to start another bull run. If not, we will be stuck between these levels until something triggers the breakout.
This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet.
The grey line represents the major fibonacci extension level from the wave 1 (refer to my last post for a better look at that). The green line is a major horizontal support line. I see a potential higher low to be made. The fib extension acting as short term resistance and this horizontal line acting as support. After this, the wedge could break upwards. ...
At the beginning of the week, the cryptocurrency continues to slide into the abyss. But, however, I think it may end today.
I see a stop at #ETH - the price kept at the local level of the previous day, thereby forming a BUY signal.
$ 1880 - BUY signal
$ 2000 - $ 2030 - target 1
$ 2250 - $ 2300 - target 2
If you like my idea, please get the like and write...
Very clear downtrend on the 1 hour time frame. After the price broke below the Support and got out of the Triangle with a long big red candle it's expected to go lower to 0.25 and even lower to 0.225. there might be a pullback which might happen at the Resistance line of the triangle. but most likely it will go lower.
Taking into account that the price is driven by orders proportional to its growth since 2018, this correlation could occur in 2021 between order volumes and the expected dips.
Remember that Bitcoin is part of a developing market, comparable to the dot-com bubble.
What's your opinion? Stay tuned on our updates!
So here on XRPUSDT the price has formed a descending Triangle at the Support zone and has got 3 rejections. It is expected that the prices breaks above the Resistance line and goes higher up to 1.04
If the breakout happened at the lower time frame we need to see the candlestick patterns and if we see a Bullish pattern we...
After the recent structural shift in the crypto market, ADAUSD (Cardano) gave us an ascending correction which lead up to the 61.8 fibonacci level and is on it's way down. The main target is the -0.27 fibonacci where we'll complete the ABC correction.
In the meantime, will be looking for any shorting opportunities via a bear flag or break and retest.
Solana has shown one of the strongest recoveries since the crash. It has managed to break past its resistance and once again create a level of support at $41. I am expecting it to go back to its All Time High, then pullback to the 61.8% Fib level, and then rally higher to $100.
Bitcoin is approaching 30K where we will either continue to see the crash of crypto or we'll see a rebound. 30K has previously acted as a major spring for the incredible bull run we had this year. Once again we may see another bull run like this.
Will watch to see how price reacts at 30K and depending on price action, we can either buy at 30K or continue to sell...
Good morning, Alkalites! As promised, today we will start our Altcoin portfolio!
⚠️ How are we going to do it?
This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of...