All confirming direction, completeing by obwserving on 4H TF
at somepoint should decorrelate in a mature market.
Quick update and summary. We hit both targets on the short term short and the long term take profit! Now we are reassessing the most lucrative entry points. We are being presented with another shorting opportunity as we brush against the resistance zone of $278. Remember, use proper risk, consider martingale on this setup, and WAIT FOR CONFIRMATIONS!!!! I rather...
From current events the news read today that Colonial Pipeline relented and paid the hackers nearly $5 million in an "untraceable" cryptocurrency. I think it was Monero KRAKEN:XMRUSD and I talk about why from personal experience.
Thanks again HUmair for the suggestion. We are looking at touching a critical fib/structural level as potential resistance. If we cannot break past we are likely to see a retracement to the next major fib zone prior to another push upward. GOOD LUCK and use proper risk with stop losses.
In this video I share how I look for price targets. There are certain conditions that must be met before you can determine a price target more accurately compared to just using the last low. There are also other things to consider, especially because Cryptos are still in their infancy. Either way it's fun to do it. Helps deal with FOMO. Puts things into...
This was a quick video to show how I setup my charts recently. I posted this video upon request. PAUSE where needed and rewind if need be. Happy Trading and Stay Awesome! David
It appears we may have a brief pullback to the Bollinger Band Basis in the 12h time frame. I'm not seeing this as being a deep pullback with a reversal to long term bear trend. I currently see at least one more 9-Day candle of upward pressure likely to continue. Which is why I draw the conclusion that the price action may pullback only to the Basis in the 12h...
Traders, monero is making a very strong bounce for the last few days, but keep in mind that we can be in a fifth wave here, so do just be carefull and be aware of a potential slow down once wave five makes five subwaves up from Sep low. Thank you
This is not trade advice. I am completely biased. I started mining monero 1-2 months ago, actually after a virus infected my computer with an XMR miner and it led me to investigate it! Crazy story but I fell in love with this coin. It has EVERYTHING i believe a cryptocurrency should be. Key points on this video: xmr - history live since 2014 10x potential from...
$79.60 to $81.20 Could likely be our price range we fall to. Could we dip a bit deeper? Sure, it's possible but I'm leaning more towards $79.60 to $81.20. Happy Trading and Stay Awesome! David
I've always been a big fan of Monero. WE NEED OUR PRIVACY in a similar way to CASH being PRIVATE. However, Monero is much better than Cash; in that it is DECENTRALIZED. This publication is labeled a LONG position for this LONG TERM analysis. Do NOT assume this label as a LONG refers in any way to any trades you may have considered in very short time frames. ...
Buenas, para motivar el estudio hice el este breve video como seguimiento del rebote del $BTC y algunas cryptos