Avnarty

Avnarty

Will we see that $80 resistance flip to support and watch LUNA attach the ATH? Will it dip to the pink trend line in the low $70's and bounce ? Will it fall to the yellow trend line see low $50s and lots of liquidations? Here is what I see. Volume has settled and flattened just below the MA. Price at resistance. Hidden bullish divergence on the RSI teal lines...

Avnarty

I used this set of dips to help create a low risk leverage strategy using the borrow on anchor but in a manner that can sustain large dips and crashes and avoid liquidation. Largest crash so far was 84%. I never expect that kind of of price action but I will be prepared for that and more. Link to my strategy can be found on my twitter profile if interested...

Avnarty

Bullish divergence on the 4hr chart. Might still have a little down to go but the bottom might be near. S/R lines show next area of interest near 38k. I don't think it will go that low but very little support above it. If we flip current support to resistance 38k is possible. Not a bad time to look for trend reversal...nfa

02:42

Avnarty Updated 

Lower time frames look even worst than the daily chart. 4hr chart has the SMA20 below the 50 & 200...that's 2 death crosses. Only chart that doesn't look so bearish is the weekly. If you draw a line and follow the bottoms from $4 going up until now on the weekly chart, we are now touching that line. Any lower and the floor is the next support based on the volume...

Avnarty

I used the volume profile to help draw the support/resistance lines. Currently just above the EMA 20 but have been back and forth over that line several times. Current price is at a resistance area so it will be interesting to see what I wake up to tomorrow. Hoping to see it above the 48k and nearing that 52k area of resistance. The low side is support near 43k...

01:54

Avnarty

Nothing good to say other than we will test the 200 MA on the daily chart very soon as well as see what is next since we are at the bottom. There isnt much to chart. Sharp run up followed by a steep retrace all the way back down!!! Will wait and see what happens. Hope things pick up for them with their products.

02:32

Avnarty

Been reading, watching and expecting so much from NIO. Based on the 4hr and 1 day charts we will have more downside. I will set a stop at around $40 to lock what is left of my gains. Will look for rentry when the price action is more favorable. Feel free to comment if with your thoughts. I am new at this and love hearing what other people think.