The chart worth a 50k words. Bitcoin is going to break, almost certainly. Up or down. Fakeout? Who knows. Be ready. The move seems likely to be 44k -> 51k, with 42k-40k acting as support. We already retested. Or if we fail 42k and 40k now, especially if we fail 37500, I'd expect a 32k retest. Let's see. Who's buyin'?
There are times when you can consider a situation and never quite understand what's going on. There are other times when we can see there continues to be positive momentum in the market, even if most other's don't see it. Admittedly, it's on the edge. Similar to two mini-cycles ago on the Heikin-Ashi BTC daily chart, and more or less even like the previous, we...
I hate to say it, but LINK seems to be bleeding against BTC and ETH for some time now. Is it? I'm a backer, personally. I believe LINKUSD is undervalued. The data says another thing about LINK/ETH and LINK/BTC
Our man Gann show's me some evidence we are potentially moving towards .60 USD for CROUSD. How do you see things?
Crypto markets are bearish these weeks. In the past 4 weeks alone we're down TOTAL (-7.8%) ETH (-16.2%) BTC (-10%). Today's rally has been long-awaited. #letsgo
Hovering at 38k, the BTC fairvalue continues to defend off price. Still got 50 days left in the cycle, if we assume it'll be about the same length as the previous longer bear market.
As previously mentioned, LINKUSD has clear and strong resistance levels at $28, where it was rejected more than 12 times on the 30m candle resolution in the past 2 days. I was hoping it wasn't. But not surprised that is was. In my experience, the Bull Market Bands are likely to continue to act as support, since we have already confirmed them as support multiple...
As the US markets fire up for the day, the Heikin-Ashi candles cool off. Is it time to peal off a little bear meat-yakiniku from the grill? Heikin-Ashi - the self-proclaimed "better candlesticks" - indicate a possible reversal from bearish territories, into bullish. Though, it's not a rule, it's usual to see multiple successively smaller Heikin-Aashi candles...
BTC is consolidating after reaching new ATH’s in November, looking for price support levels before its next big move. 40k — 47k range has thus far been lightly traded. Strong support levels are forming at 40k. Potentially representing the bottom of the local bear trend. That’s a good thing, even if it hurts. It also might be a trap. Watch for a break above 47k...
From where things stand right now, looks like LINKUSD will be trapped between resistance at $28 and support around $23. Measuring Fib levels from May 2021 highs and local bottom lows a few weeks later after the market crashed before summer, golden pocket lies between $28-29, aligning well with these predictions. VRPR levels line up too, showing strong volume...
We've been hugging the lower end of the Bollinger Bands since the November peak, without much chopping between. The bands continue narrowing, and moving sideways. If you believe in the power of the bands, you might note just how wide the risk : reward spread has gotten across the market. Massive gainer potential here folks! It might be choppy though, be careful! ...
Our ear's still ringing from the brilliant crash-boom-bang's kicking off the New Year, we take a look at the top coins ROI progression since January 1st, 2022. Quite unexpectedly for me, I watched KNCUSD pop massively last week with great pleasure. Still the ONLY coin in my top-of-the-marketcap-list of crypto's under watch in the green, the bearish momentum...
Rocketing off against all market pressures otherwise, COINBASE:KNCUSD is the bubble in the balloon. I wish i was prepared to try to look at arbitrage opportunities here. All other major exchanges are asking for $1.50 +- while on coinbase we're seeing KNC hold steady at $2.00 for the past 2 hours, peaking out at near $2.50. Any thoughts here? When I wrote the...
5% gainer in a week is not much in crypto. KNCUSD is absolutely bangin' compared to minus 5-20% losses infecting the broader market. I'll take what I can get!
The market is taking a brutal beating the start of December. Even so, I see at least 4 coins that are still ranging above 200% ROI since the start of October. INSANE! 1) SAND +647% 2) MANA +355% 3) SHIB +305% 4) CRO 206% I own CRO and SHIB, and traded SAND and MANA along the way. It's been fun!
BTC Entity-Adj. Dormancy Flow builds a case for local #BTC bottom w/ #onchain #analytics. Lower value means coins spent were younger. 2021 was #HODL'ers #HODLing and #Trader's tradin'. What price will #HODLers start to distribute? studio.glassnode.com
Bitcoin BTC is on sale, and everyone feels it. Oddly enough, the store nearly empty. Volumes are incredibly low. It's hard to know when to buy and when to sell. Market makers mess with our heads constantly. Tired of sitting on long draw-downs, where you dread checking which of your portfolios might have been liquidated? BECOME a MARKET MAKER yourself. No more...
Grab some 🍉🍉🍉, there's'a' be'a squeeze on LINKUSD! Shorts are closing at a whip over on Binance, skipped along by the LONG growth over at KUCOIN. I still hold my target for LINKUSD at $27. 26.50 will be my signal to start slow and steady distribution.