CryptoCentsTA

CryptoCentsTA Updated 

I don't like Litecoin's fundamentals and technically speaking it's been very weak for the last few years. But even weak names will have their time in the spotlight once in a while and Litecoin's time to shine once again maybe be on the horizon. The only reason why I am even interested in Litecoin at the moment is because of the LTC/BTC weekly chart which has...

CryptoCentsTA Updated 

RUNE had a spectacular run over the past week. We know a pullback is likely coming sooner than later, and it looks like the time has come. Price has been losing momentum over the last 24hrs and the daily uptrend has just broken bearish. Waiting for a lower low on the 4hr if you are conservative.

CryptoCentsTA

A good entry with limited risk for a short-term trade. Stop level at around $53.20. A retest of a descending wedge breakout. If stopped out wait til the next breakout to try again.

CryptoCentsTA Updated 

Watching for a potential bullish breakout for RUNE on a clearly defined long-term descending wedge. This is not an easy type of trade to take in my opinion because you need to be present during the breakout and observe the price action. You want to be entering on the break when there is volume coming through. If the price breaks out and quickly gets rejected or...

CryptoCentsTA Updated 

Luna was arguably overextended up at $100-90 but has since sold off hard in a very short timespan. The RSI is heavily oversold on shorter-term timeframes and recently just hit oversold on the Daily which hasn't happened before since the May Crash (This is notable). Furthermore, we are resting right above the 200 Daily MA which will be a very strong support...

CryptoCentsTA Updated 

LUNA Trade Review LUNA had an epic parabolic move the last couple of months. If we took a step back and looked at the weekly or monthly timeframe, any experienced trader would tell you LUNA was overextended. But that doesn't mean it can't go higher in the coming days or hours; what it does mean, though, is to keep your eye on blow-off top or trend reversals...

CryptoCentsTA Updated 

Bitcoin had pullback over 40% from the peak on November 10th, 2021. Daily bounces continue to make lower highs and lower lows. The macro sentiment is extremely bearish both with stocks and crypto as the market anticipates the Fed to raise interest rates given the recent inflation numbers. But, as long as $28,750 holds, we are technically still in a monthly bull...