SHIBUSD second price target achieved. I set this up as a buy zone a week or two ago. I didn’t know the market would choose this level of violence. But I accept.
UEC passed through the last zone of support, and found it again at $3.54. The 1D chart shows this is within the regression trend, and if the trend continues the next move should bring it to $3.80 or so. At this point, I hope to see it exit the channel to the upside, but there is now a resistance line at $3.90. However, given the global energy picture and US...
I gotta say, it's weird watching these regression trends form, and when the market gets bipolar over the President of the US saying he has a cold, the price action is accounted for in the trend already. It's weird, for instance, how for instance, the fractal BTCUSD has formed priced in the Omicron variant news in the previous fractal, accounting for it before the...
SOLUSD is approaching the decision point at $240. A move above this leaves it open to move to ATH. Buy $240, sell $260, or buy and hodl.
Look how fractal this trend is. Both uptrends were between 70-80%, with a .5 fibonacci retracement. Even the fixed range volume profile points of control both occur between 55-60%. If this is the case, the next move should take BTCUSD to mid $90k.
It’s a longer timeframe trade, but if you hold funds on CB you earn ~4.7%APY, so there’s free money in it. Strategy is to sell 50% at center of channel, and 50% at top of channel. The move to this should be fairly concerted, so I’ll be looking for bearish indicators on lower time frames and divergences in the RSI to exit.
XTZUSD likes the RSI; under 50 for bottom, over 70 for the high. If this cycle holds this puts XTZUSD at new ATH this cycle. Given the range volatility I’d say begin accumulating now in case this is bottom. Then again if we reach the bottom of channel.
I’ve been playing on Fantom for a week or so now, exploring DeFi and some other aspects of it. I’m 100% bullish. Accumulation beginning. Meanwhile, stake it in liquidity pools and get wild APY%.
Hit my support target for buying. Confirmed a few times, now broken outside the channel. 35% profit now. Will probably sell ATH and lock in ~100%.
2%+ outside the channel break to the upside with a bullish candle. I’m bullish LTF. HTF 1 and 3D look strong as well, and on the macro HTF this move keeps BTC within the upward channel that should lead to new ATH.
I forecasted this 9% candle yesterday, due to mean regression. Now, price is currently in a bearish hammer, and hasn't truly reversed so I won't call the long bottom in yet; this could be mean regression. However, due to the bull flag nature of the macro movement, I think it's smart to continue to accumulate in anticipation of when this move does leave the...
Raoul Pal and a few others recently posted a chart similar to this, so I thought it a useful exercise to recreate it. Using the regression tool, I created 3 channels at 1, 2, and 3 standard deviations. At least for the trend beginning in the summer, we appear to be at the bottom of the channel by 3 stddev and could expect explosive movement into the market should...
I'm going to go out on a limb, and say this looks like a local bottom. I compared it to a few other bottom patterns from September and May, and it looks similar. Also, once I drew the regression channel it looks like we could move to $57,000 before even leaving the channel. So I wouldn't be surprised by an 8-10% day coming soon. I guess the strategy here would be...
UEC just bounced off this support zone, and printed 2 bullish candles. I have calls in for January. 30% correction on a 200% overall move from the bottom. It also looks like this could have been the 5th wave of an Elliott, and we're in the local correction before setting a new trend.
There is a bullish divergence between the price action and the RSI. RSI is trending up while price trends down. Yesterday looked like the sellers would capitulate but a high volume sell off occurred and we left the regression trend to start a new day. However, given how low the RSI is, over the last 12 hours price seems to have found support @ $53,500. I'm buying.
Entered @ $1.32, exited @ $1.80. Price consolidating. Support holding between $1.30 and $1.32. I'd like to see it exit this trend to the upside and close, because these candles look like bearish hammers.
SHIBUSD has reached my first buy zone. Small order here at market, next target is the previous consolidation zone @ $.00002940. The sentiment on this memecoin is the biggest in the market right now.
I’ve delved into DeFi and Dexes lately, and this made me even more bullish on Ethereum. This chart makes me extra. Been building for months, and will culminate in the bull run to end this cycle with a breakout.