I've been reading some of the bears trade ideas and I have to tell you that they make a compelling case but the only downside is that these stories they are sharing are not supported by the chart.
If you think about it, anybody can come here and tell a nice and very convincing story but what are the charts saying?
For prices to go to $10K or $11K we would need a...
Do you remember Civic?
Back in the days, aka 2017/2018, it was all the rage, all the hype...
The guy that owns this project was well respected or at least we saw good news about him all the time.
We don't here anything about it anymore but the chart looks good and we are technical analyst and traders... Let's have a look!
For Civic (CVCBTC), we had a bull...
The much anticipated (or dreaded if you're a miner) "merge" coming in Sep 19th will officially move the Ethereum ecosystem from proof-of-work to proof-of-stake. Justin Sun seems to see the opportunity for this event to sow some chaos within his competition by supporting ETHW and ETHS coins on the Poloniex exchanges as of this week.
- ETHW and ETHS is similar to...
AI recognizes a bearish wedge on the chart.
It broke down.
We DCA into a short position.
A possible retest of $50k.
Invalidation above the wedge.
Target in the orange box.
We predicted that Etc will have a short drop and we will collect it. We are still collecting.
We will sell it for $ 1000. We expect it to see $ 1400. Thanks to everyone who sold us cheap etc. Keep collecting.
not investment advice.
If I was invested in this crypto I would sell it all right now.
The pattern looks like its very close to a huge drop in Wave A.
Be cautious of certain coins that really don't live up to their expectations.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a...
A quick look at #Livepeer (#LPTUSDT, #Poloniex, 4HR):
Price broke out the upper resistance of the triangle pattern .
Let's wait for a confirmation of S1 or S2. If confirmed, we could see #LPT explore higher grounds. If both fail, price might go back down to S3.
What do you think?
Still learning here, so any constructive feedback and positive vibes to...
POLS looking like textbook, rising top + bearish div top and blow-off top. Found a bottom on Resistance of previous rising wedge (flipped bullish -> Running Wedge). This bottom was a clear Wyckoff accumulation bottom + bullish div.
Coincides all with a inverse head and shoulders for bullish divergence. huge momentum.
I hope some new IDO's go crazy so people will...
