Reloaded a few above long-term hodlings - Not too confident, but looking for a move back above 0.00000400 sats > very small amount and will keep it that way. Ideal target would be previous resistance to 0.00000900-ish, but that seems unlikely in even a medium-time frame.
Noticing that the trend has started to reverse, not so sure about converting BTC back to ETH unless ETH corrects very hard...like below 1K again, which might be in the card over the weekend...Why the dump...don't care...probably has something to do with Real Interest Rates rising. Gold got clubbed like a baby seal early in European session, so I guess Gold is now...
If you DCA, I have a feeling that we will see some good prices, just looking at the charts, this started well over an hour ago...
No, I'm not telling you that LTC will outperform ETH, the chart is telling us that...I would be cautious about converting ETH to LTC myself, but it does mean that if this trend continues, those that have a few too many LTC might consider using this as a means of converting either to BTC or ETH, but maintaining a core position if they think that LTC has a future.
Long from about 1300, don't really want to sell because there are plenty of reasons for it to be higher, price is king though. A tepid bounce so far off the fib level...RSI looks to be confirming a breakdown might be contained for now. At this point only a move above the 1900 handle will eliminate the negative sentiment on Gold in the next week or so. Failure at...
Follow the shapes to find buy or if you sell - rough guides. I don't own enough to play games like selling, but I will stack.
no time for analysis, just observation and a planning to act.
Cashed out a decent chunk of my position, small numbers on Binance, but hey, every little bit of BTC helps, and it's nice to actually score a profit on an Alt. Still long for the moon on all of them, but I don't kid myself with any of them...Even BTC might one day...nah, don't want to finish that thought. Better to shave a little and collect more BTC because we...
No analysis needed. Just a random pump that lasts all of 15 or so minutes to the peak and then dump. At this point...they are, for the most part a joke from a long-term perspective. More than likely I will be setting some sell orders to grab as many ETH or BTC possible should BTC dominance shift down for a bearish phase. Not advising anyone on what to do, but...I...
Very interesting breakout attempt, probably will backtest the top resistance pattern, if it holds and continues higher, watch out 40K is on the way.
Every time gold makes a bullish Move to the upside, it disappoints. 2.70% drop today...factory orders up in the US is the excuse that is being touted...Glad I bought it, but now, honestly, just looking to dump it as other opportunities are around. Also this, that impulsive move back to 1960 will now be considered a double top on the Yellow Metal. Should have...
Spending some time in the world of financialisation of blockchain and cryptocurrencies. HIVE looks like an interesting player that has recently garnered some attention. Vancouver based and they specialize in ETH mining which will prove interesting because ETH is scheduled to be proof of stake...not so sure, have a bid in for a small amount of shares as I have...
Alt season, ETH season perhaps, but BTC can move fast despite being so big...
This might get bought up heavily, but there is a chance we re-visit 25K to close CME gaps left from before the Christmas rally. Good places to buy 18-24 K for serious amounts of capital. ETH also experienced this as well, probably connected...surely a massive amount of longs were liquidated recently. Sold some #ETH into #BTC during the climb. Not much else.
Breakout to new highs possible...not seeing this on ETH, in fact triangle in play on that. LTC could see some meaningful gains vs ETH and possibly BTC, but the latter is less likely. Next day might be critical for this move. Seriously thinking about selling some lesser alts for this play...but already have too much LTC percentage-wise to do this, will take profit...
There is a reason for this chart to look the way it does, multiple actually. Since I last charted this (I look at it daily), we were well below the trend-line. Make or break time for alts I think as a whole. BTC is king, first mover, and a lead that refuses to let up. Outperformers seem to be a temporary thing. Corporate backing - inflows are primarily into BTC -...
I think if BTC appreciates significantly before the next bear market, this gap will be a target. Future reference.
I repeat, this is not a drill > We will see corrections, and I expect at least one jaw-dropping correction, but for now...enjoy. Probes into 24900 region have already taken place. RSI hasn't confirmed, but it is a lagging indicator and we are likely low volume due to the holidays so it might still be a wild ride of ups and downs, also this, CME futures will have...