hello everybody. ladycoin is continuing to make moves towards the upside. When I first wrote about this coin it was at 000580. its now at 0010. Good levels to buy are at 000790-000820. Possible chance we can re test 000680 levels but I would not bank on it. Again, everything is dependent on the way BTC moves. However, with a marketcap of only 45M, you are getting...
Fundamental Data Chain: Ethereum (Main), Optimism (Staking) Pre-Mining start: 6th July 2023 Token Launch: 30th November 2023 Total Supply: 1,000,000,000 PT Diluted Market Cap: $699,200,000 Use Case: Governance, Staking, Fee Reduction Current Staking Yield (1 Year): 41.41% Misc: Daily Buybacks, Earn PT for trading activity Technical Data ...
PT/USDT – Phemex Token (PT) is an on-chain, transferable platform utilty token for the Phemex exchange. PT/USDT Logartihmic Daily Heikin-Ashi chart. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or...
PHEMEX:BALUSDT Balancer's (BAL) algorithms manage interactions between liquidity providers, liquidity pools, and traders to rebalance assets and find advantageous prices for users. Balancer's average volume is 23K but its current trading volume is 147K on Phemex Spot Exchange. Expecting this to run the next couple of days to retest highs of $7+ Entering...
I am looking for $DOGE to continue this downside based on a couple of factors here: * Consistently broken upper Bollinger Bands during the upward trend with no short stops * Based on the Fibonacci retracement tool, $DOGE not only hit the 0 point but also a massive rejection from a major resistance zone. * Big engulfing bearish candle (blue arrow) * Extreme...
Here we have one of my personal favorite cryptos & L2 sidechains, MATICUSD or Polygon. Potentially we may see, a downtrend because of a couple of factors. Let’s zoom in! I see the potential for a “McDonald’s M” or most notably referred to as a Head & Shoulders pattern which could signify a downtrend. Here are some reasonings & findings: * MATIC has touched...
ETHUSD with a small pocket of opportunity here. Simple pull back from the lower Bollinger Band break (with over sold RSI levels extremely) and the first candle succeeding it and then a retrace back. Resting on the support line and has done this previously with a bounce. Stop loss placed below the nearest swing low with the take profit clearing the 20 MA and 50 EMA.
SUSHIUSD has done this pattern similarly if you scroll to the right: breaking Bollinger Bands upper band with extreme levels of over bought in an almost TRIPLE TOP fashion. Plus a decent sized bearish candle that followed. Difference we have here is it's being rejected off of a major resistance zone (drawn off WEEKLY). I think we see the beginning of a downtrend...
DOGEUSD has always been a little bit of anomaly as it relates to the crypto market comparatively. It has always done SOMEWHAT of the opposite of BTCUSD and you can back test that. Does it happen ALL OF THE TIME, no. But it moves in its own trend. Whether thats due to the "Elon Effect" or other parameters, it rides its own wave. Here we have a decent set up to the...
ALGOUSD was at mid-September levels of being oversold and broke the lower Bollinger Band. I waited on confirmation for this potential reversal to the upside because of this. We had a green candle closing fully above the bottom band and above the most resistant near term support levels. Got in a buy highlighted by LONG POSITION graph with the mindset of taking...
DOTUSD while not at extreme levels on RSI, is still touching upper Bollinger Bands in a tight channel signaling LESS volatility. Which means, it should follow a consistent path of UP & DOWN trend. Couple this with the fact of the previous candle rejected at resistant, I predict this price to come back down to below the 20 MA right before the short term support...
BTCUSD has reached overbought levels in similar fashion with a confirmation closing below the upper bollinger band to signify the notion of a possible reversal with a possible break of the 200 EMA. There is a little pocket notated by the short position where a quick trade could be made but to be aware of key levels drawn by the blue lines. These levels were drawn...
For DOGEUSD here we may have possible reversal sentiment. The Elon Musk effect may have run its course for now as multiple rejects on the resistance line with no successful push through. We also have overbought levels on the RSI and the upper Bollinger Band. For this short, the Stop Loss is placed above the upper band and patience is key. Waiting for the...
I recently took a long with MATICUSD and was a successful trade. It has also cleared previous resistance currently and looking toward the next short term (drawn from the Daily) resistance level, highlighted with the blue line. MATICUSD is also clear of the 200 EMA but if you look at past movements, the 200 EMA has not been respected by any means. We are also...
XRPUSD had a nice run up most recently, but with its break of the upper Bollinger Band along with over bought status at extreme levels, reminiscing February 2022, we may be looking to revert course. Currently under the 200 EMA as well and rejected off of the major resistance zone, I think a safe landing would be next major level of support for the time being. I...
Took another short to catch this window with XRPUSD. I think a good opportunity here to capture this downtrend to the next major support zone as the previous closed UNDER the 20MA successfully. Also with RSI in the middle, you can look to September 18th timeframe but the difference there is XRPUSD had the 20MA, 50EMA and 200EMA to bounce off of. This time, this is...
$DOGEUSD 🐕 has finally reached overbought levels, that haven't been seen since mid-August. To put it bluntly it's been particularly quiet on the $DOGE front. We may have a SHORT opportunity here upcoming and my eyes are peeled on this near term resistance level on the 4hr and breakout of the upper band. Waiting for a confirmation candle as well as RSI to point...
With a nice bounce of the support zone and successfully clearing it, there may be a case for $BTCUSD on the upside slightly for a quick gain here. If it clears the 13 EMA there is some separation between that and the 50 EMA to make around 25-30% and get out. I wouldn't want to hold a position with FOMC upcoming and strictly for short term upside. Long term, there...