coolnessinc

coolnessinc

$BTC has found what seems to be some solid support at $46K after some pretty sustained moves south. I think we have some more time to spend between $46K and $48K before a clear move in either direction will be made. I don't consider $48K to be strong resistance, so I would not depend on $48K to hold as support once broken. In my opinion, a break above $53Kish will...

coolnessinc

ETH had a solid week this week. We've seen a nice move to previous resistance at $3600. Price seems to be flirting with the idea of breaking above this level. A pullback to this level after that break would be a decent place to buy (green arrows). Best to be cautious though since we've failed to break $3600 in recent history. We may be looking to consolidate some...

coolnessinc

SOL was a little quieter this week. We made it to above the resistance at $170, but couldn't quite manage to hold it. Price fell back to previous support at $150 as a result. I expect to see a little more chop between $150 and $170 before we get another leg up. I'll be watching that $170 level carefully. Normally, I would look to buy on a pullback here, but I...

coolnessinc

BTC on the move again! We broke above previous resistance at $53K with some awesome momentum. Price seems to have found some resistance at the $56K level. There's some FUD in the news that may or may not delay our next move up. I think we might consolidate between $53K and $56K for a few days (orange arrows), but it is also possible that we get another strong move...

coolnessinc

We have another beautiful move for BTC today, breaking previous highs. I fully expected some consolidation between $47K and $48K, but I'm certainly happy to be mistaken in this case. If we can get a solid close above $48K for the day, I think a move to $50K will be immanent, perhaps after a re-test of previous $48K resistance. I'd buy that re-test if I weren't...

coolnessinc

SOL is really exceeding my expectations. The ecosystem is thriving and folks are really starting to participate. This, coupled with the NFT creator space growth is a recipe for some solid SOL adoption. We've broken local highs. If we can get a close above that, I'd expect another move up, perhaps after a re-test of the previous resistance. I'd likely look to buy...

coolnessinc

10/1 was a great day for BTC! I'd expect a few days of consolidation in the current price range before a break of the local highs at $43200-ish area. I think from there we will encounter some resistance around $50K and $53K before making a run at the ATHs. I'll be buying during the consolidation at these levels and hodling on the way up. Don't listen to me. Do...

coolnessinc

10/1 was a great day in the market! SOL got some great price action. We've broken recent local highs at $150. I'll be watching for some consolidation at $170, but my hope is that we'll get a clean break through first. After that, I'll be watching for more decision-making at the $200 level. If we can break above the ATH, I think we have plenty of room to run up. My...

coolnessinc

We've seen some consolidation in the lower $40Ks this week. Negative news and overall market superstition seems to be preventing a big move up. Obviously, BTC has 2 options. 1. Breaks below the current floor and the price moves below $40K. Given the time we've spent consolidating, I would not be surprised if a break below this level resulted in a more sustained...

coolnessinc

Macro events caused some serious shake-ups in crypto this morning. As a result, BTC broke below it's closest support and is hovering around a $44K support level. If we get a further move below $44K, I think one could make the argument that we are headed in a much more bearish direction in the near term. However, if we can hold above $44K until the calamity slows...

coolnessinc

Wider macro events have shaken the markets this morning. This lead to a pretty sharp decline in prices across all markets. Crypto is no exception, of course. There's some added risk to more downside until the calamity calms down, but I am of the opinion that this morning's breakdown brought us some pretty good prices to buy. It is possible that we will breakdown...

coolnessinc

We had a significant break below $50K, which threw a wench in my previous idea's narrative. However, it looks like price has stabilized and may be on its way back up. I think if support can hold between $46K-$47K, then we'll be targeting $50K in the coming days/weeks. If we can get a clean break above $50K, I think it would present a decent buying zone on a...

coolnessinc

Price crash on 9/7 took us back below $50K. I'll be looking for long entries when price recovers. I have the suspicion that some folks "buying the dip" will be looking to take some profit when we break above $50K again. With any luck, this will present a good opportunity to buy the pullback to $50K. SL will be set below current range lows. I'm generally bullish on...