Massive DIV in both RSI, MACD ans Volume on the 4h ++ now - if T.A. is your trading game, the picture could not get more clear imo. Of course, we might get some market manipulation here due to the ridiculously low volume, but this is a game of probability, it damn sure looks like a solid downside move is the most probable. My trade ATM is a small Short from...
Hi folks! This is just a short and simple post based on the simple principle of concurrent divergence. We can se a very clear divergence on the 1h here, but the divergence is als very clear almost all time frames (1D and shorter). Although not marked in the chart, we can also see a massive decrease in volume during the last bounce - this is very rarely a good...
Hi folks! I just zoomed out a bit to actually try to fathom the risk one is taking on in this market - as I am contemplating starting my DCA scheme at this price point for a basket of ADA, DOT, ETH and BTC. In this regard, it is important to note that the last clear buying opportunity in ADA on the daily (where we have a divergence in both RSI and MACD) was...
As always - wait for the dead cat to bounce to make a bet that it is not dead after all. In other words - wait for a lower bottom with bullish divergence and decide whether to make a bet or not if that happens based on the sentiment in all financial markets. Marked "short" due to my belief that we will see lower prices soon - not because I recommend open short...
Hi folks! For my massive warning based on the global macro state, see linked post. Otherwise, BTCUSD posted a very clear Bearish Divergence on the 1h the past day or two which seems to play out according to the signal now (sell signal marked with red vertical line). Also, before the El Salvador news and the latest round of "Pin The Donkey - Elon version", we saw...
Hi folks! First and foremost, I love the Polkadot project, and it has been my biggest bet in the crypto space since december. However, we are in a scary place as long as we see shit assets (DOGE, Cumrocket) etc at insane valuations, so tread lightly in this market. After mania comes extreme fear. Wait for the confirmation of downward breakout in BTCUSD - I...
If we see a bounce off resistance at 35-36k (i.e. confirmation of breakout), we will likely see a deeper bottom and potentially a bullish div on 1h+4h. Then we may start a DCA Scheme (HODLers) or open a short-term long position (scalpers) - or both (redundant). Macro and global leverage is still very scary, so I'd just wait it out. Do not analyse BTC as an asset...
Hi folks! I think we are in a macroeconomic state that suggest extreme caution with ones investments, so I would personally rather stack up on something like VIX futures than anything else these days - se the linked post on my macro take). Note that the big stock indexes (Sp500, Nasdaq, Dow, Nikkei, DAX etc.) also have horrible technicals right now. However,...
Hi folks! Please see linked posts for my take on macro and T.A. on BTC. I am extremely bullish on DOT and ADA long term, but this market state is scary. Anyways - there might be good trades at the next bottom if we see div and the stock market holds up it end of the Bargain. I wish you all well 😀 DYOR. NFA.
Hi folks! Pkeasw see my two linked posts on my rather grim view on risk asset markets in general before you read this. As we have seen time and time again during this Bull market, strong divergence on the 1h has been great short term reversal signals, and we see them almost every time after big moves either way. I therefore suggest to hold out for the next...
Hey folks! This is not much of a T.A. post although I posted the latest view from my dash. What it is, however, is a stark warning based on the events from the last couple of months. First and foremost, anyone should be clear that it is the macroeconomic picture (low interest, nowhere to spend money, inflation fears) and the implied extreme risk-on state it...
Take it how you want - just stating the fact. Marked short purely due to the div. DYOR. NFA.
Hi folks! I believe we are in the midst of a wipe out of shitcoins - and for the health of DeFi, that is what absolutely everyone believing in DeFi should hope for. However, there may be massive short term long opportunities in this market phase too. Also, it might be the time to start DCA (if you did not get caught by your own greed and are currently holding...
Hi folks! It should be very clear to every investor that it is time to sell risky assets when you see even riskier assets starts exploding due to pure manic speculation - that is, if you are a long term investor. As you all know, this manic speculation is what we have seen in the last months, and I believe we need a serious wipe out of these bullshit assets (as...
Hi folks! It should be very clear to every investor that it is time to sell risky assets when you see even riskier assets starts exploding due to pure manic speculation - that is, if you are a long term investor. As you all know, this manic speculation is what we have seen in the last months, and I believe we need a serious wipe out of these bullshit assets (as...
Hi folks! It should be very clear to every investor that it is time to sell risky assets when you see even riskier assets starts exploding due to pure manic speculation - that is, if you are a long term investor. As you all know, this manic speculation is what we have seen in the last months, and I believe we need a serious wipe out of these bullshit assets (as...
Hi folks! It should be very clear to every investor that it is time to sell risky assets when you see even riskier assets starts exploding due to pure manic speculation - that is, if you are a long term investor. As you all know, this manic speculation is what we have seen in the last months, and I believe we need a serious wipe out of these bullshit assets (as...
Hi folks! It should be very clear to every investor that it is time to sell risky assets when you see even riskier assets starts exploding due to pure manic speculation - that is, if you are a long term investor. As you all know, this manic speculation is what we have seen in the last months, and I believe we need a serious wipe out of these bullshit assets (as...