Structure is following the trend and as always I advocate setting a stop loss, generally I am accumulating for the next pump. This is NFT play link with Coinbase news.
NOT SO MUCH LOOKING FOR A BOUNCE, RATHER ACCUMULATING MORE (DCA) WHILE AT THIS ZONE
The biggest shortage in smart contract/defi crypto space is developers. CARTESI (CTSI) has been working for years and aims to be a layer 2 solution for "existing developers" to build out smart contract with high throughput (ETH ..cough) and low transaction fees. When I say existing developers, I mean all developers that make our other stuff and have done for...
DEC has a huge following and community and Youtubers who are investing. I would consider the majority of holder as strong hands and if we see this play out, once we start to create a local uptrend, we could see the value start breaking up past $0.37 and then onto breaking all time highs. ETH is having a little pump to and I see some correlation there too. All in...
This is simply a measured move, unless something happens to stop the momentum. This is how I am trading it. Even though it's over $60USD for a single transaction in the Ethereum network . Some Solidity devs think they are king shit and in short supply, the latter is true. But the market (DOT, ADA, users, etc,) have other plans if you guys don't fix the gas fees....
Everyone is being told that Ethereum 2.0 proof of stake Blockchain is two months away. I have even seen reports of two weeks away! The Ethereum developers are the most conservative out of any chain. Why? They have the most to lose, being the number two crypto on the market by "market cap". The number of projects built on top of the ETH Blockchain has swelled due...
Although the last week has bucked the downward trend of the dollar index, most large speculators are net short based on the "Commitment of traders". I wanted to put my thoughts out that I am short USD against JPY/CHF/CAD/NZD as they are the furthest away from the longer term trend. I am using pretty tight stops and re-entering if as required as I don't believe the...
If we have a daily close in 20 mins at these levels, we have already broken out of a bull flag. 1.7x from here possible. Full disclosure I own a bag. Please use proper risk management apes and Degens;-)
We have a confirmed bottom within this last run down coinciding with the big BTC drop. I don't think we would even be at these low levels without it. Yet we tested support and it was rejected. Watch your stop levels and enjoy the ride!