OM shows a long term bullish setup. We have a cup and handle pattern, as well as a retrace currently that extends down to the 61.8% line. The bounce off of this line is bullish by itself, but once the lid is broken, we should see some steep gains up to $1.80 - $2.20
Target for this pattern is technically lower, as previous lip is lower, however because we are...
Is it only me that see the H&S pattern in BTC dominance (weekly chart) ?
Of course NOT , but we are sitting in the neckline which has been very strong support for a long time (almost 940 days) , if we see a breakout from downside (breakdown) it would be amazing for ALTs and probably a strong ALT SEASON
What you think about Bitcoin dominance and my analysis ?...
Bitcoin and the whole crypto market is facing a huge dip. Some see it as a potential bubble pop, others (the smart people, no offence bears) see it as a healthy pullback. A correction was needed. BTC is now under the 2.618 FIB level relative to the 2018 all-time-high. You never know when a pullback will come, but when it does, it hits hard. It shook out a lot of...
Looks like the total altcoin market cap is coming in for its 2nd touch to test old all times highs. In my opinion the pain is almost over and we should start moving back to the upside over the next few weeks. Not financial advise.
I believe XRP will continue to follow BTC's patterns until it hits bottom around $38-39K and then the Alts will take off
This is the path that I believe XRP will be taking from here on out.
Let me know your thoughts.
Algo made resistance strong support on daily as we predicted before this even happen yesterday and was spot on and caught the exact dip. We can now expect to continue to run towards $2.00 now once btc start being stable and btc.d look like it is reversing so now there will be more buys in ALGO now then ever and we will go up from here.
LOOK AT LINK I POSTED...
Alogrand broke its downtrend and I averaged the move up and put that near the breakout which works for me plenty of times and it shows me here we can go towards 2.10-2.30 , Algorand is currently around 2.4 billion market cap which is a very low market cap. For a project like this.
Fundamentals on $ALGO is A-1. I personally think this will be trading around...
CBOT:ZC1!
In recent times most commodities have been heavily inflated. So when is it time to short these things on a macro scale? Well, if seasonality tells us anything, typically corn prices start to fall once we enter the month of June.
There are 2 areas of supply on this chart, 1 of which we are already sitting in while the other is sitting at 627-680.
Been following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice,...
Good evening friends, happy new year!
I see this as an opportunity to come back into publishing some ideas again after the holidays.
But we both know I didnt do much anyway, so thats just an excuse!
Well, yes and no, as much as I didnt do much for the holidays I am getting my bags ready to move back to Brazil after 15 years living in the USA.
Anyway, what I...
FNGU tracks the NYSE FANG+ Index ans the NYSE FANG+ Index almost always starts a downtrend in mid December, which last until the first week of January when it resumes an uptrend. Since this is what almost always happens, it is safe to assume it'll repeat the same process. So entry into FNGU is idea on the final trading day of the year unless the downtrend ends...
In the previous market cycle, we saw ETH explode relative to BTC shortly after BTC touched it's ATH.
I expect the same pattern to play out this time around.
