My biggest problem in this market right now is being unable to figure out whether this was a giant bull trap, poising us for another major decline, or if this potential drop will be the final bear trap before the bull market resumes. In this video, I present the bearish view, and why it's a strong possibility that we will see lower prices. IT DOES NOT HAVE TO...
Update on my small trading challenge. Just sold everything for a 20% overall profit, since I wanted to lock in some gains. Some of the coins (XRP and XLM) may bounce soon, but the market is looking a bit scary to me at the moment, so I feel more comfortable exercising some risk management here. I can always look for better opportunities later on. This is not...
Just an update. Things are going decently so far. I guess we'll see how things develop. This video is not financial advice. This is just to log my personal venture. -Victor Cobra
NANO has moved up 40% in USD since I bought in. Looking to take at least partial profit soon. XRP and XLM have moved up in USD value, but sold off into Bitcoin during today's rally. That's okay. This is a USD trade (so I don't care much about ratios, although it would help me make better trades, obviously). Let's see how things continue to develop! Here's the...
Repost of the video I made last night. This one's a little shorter. I bought 3 coins with the intention of cashing out completely once I reach a profit goal, rather than holding long term. I may fail miserably at this, but it's a learning experience :) Entries: NANO - 2525 XRP - 7600 XLM - 2620 Targets: NANO - 2750 (already hit), 3300, 4000, 6000 XRP - 8700,...
Just to go along with my Bitcoin update from today. This video is not financial advice, just me rambling about what I'm seeing. -Victor Cobra
Taking a break starting today for a bit. Won't be updating my charts until at least Monday. Just outlining some possibilities, since we're still sideways, though some alts are looking strong. Bitcoin and Many alts are at or near major resistances, so now is the time to wait to see what happens. With BTC, I forgot to mention in the video the possibility of a new...
Hello dear crypto friends, hope you're doing well guys! We're gonna be looking at the major crypto names & the patterns which are forming right now on the 4H to Daily, and also at the bigger picture on the weekly. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make...
Hello dear crypto friends, hope you're doing well guys! After breaking the bear flag & EQ from the last video, grandpa Bitcoin is going towards the 3.000 psychological now: Be prepared to see a bullish reaction any time. That wouldn't mean though that we have found our bottom: for this we compare it to the bottom building phase from 2014-2016. The market has...
Hello dear crypto friends, hope you're doing well guys! Happy Thanksgiving to my American friends. We're gonna be looking at the biggest crypto tickers right now: Most of them are in equilibriums & bear flags. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make also...
Hey guys, since the Coinbase announcement XLM is pumping. But with this educational video, I just wanted to share a beautiful pattern with you to keep an eye on in future! ;) If you had some value from my analysis, please like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! About myself: Global citizen & early Bitcoin adopter...
In this video I 1st show you a very clean / text book BUTTERFLY pattern which is currently doing very well. I use market symmetry to try and work out where price might get to before turning around. When I did that it looked like price might be heading up to the 78.6% fib level which also happens to be almost exactly the XA leg of the bullish BUTTERFLY. Then...
So from the last update we've continued on down. As we correct overall the alt are hammered
Not a whole lot going on w/ XLM it seem like. Seems to be moving side ways with continued consolidation.
Day candle break of trend. Need some confirmation of upside movement.. Patiently waiting
Finally we see the overall market putting in some green % to the upside. Below just a few bullets to summarize the video. W - Overall bullish market for XLM, good separation on the MAs and well above the 36 day MA. D - Overall bull, good separation above 36 & 200 day MAs, slow MAs crossed to bear, current candle forming bearish and need to wait for daily...