edutradinguru

edutradinguru Updated 

You can interpret it at your discretion. Let me know your view in the comments!

edutradinguru

Hello, in this time of uncertainty, one of the few pairs with a clearer pattern is EURCZK. It broke a trendline acting as the lower boundary of a big wedge. T1 is the lower part of the Fibo retracement from 25 to 28 T2 is the fibo extension of the last down leg

edutradinguru Updated 

The secret indicator was signaling a 16560 as local max, I think we will see a correction soon. Here is why when long short ratio approaches to 1 we see a correction to the previous support in order to give the possibility to traders to open new longs. It happened when we broke 10k and then we retested it. In this case the support is at 12k. We never retested it yet.

edutradinguru Updated 

I pick the best DeFi token in my opinion in the best-performing alt sector at the moment. Potential target up to 1.50 to the next target. More than +200% if we consider the ath target, even if the we are not in that moment yet. However, this coin is good either for short term speculation than for longer term potential. 5% of my portfolio now

edutradinguru Updated 

BTC dominance is short, hence Alts are Long The duration will depend on how long BTC will move sideways. At the moment DeFi is the strongest alt sector to invest in. Maybe identity and personal data sector. No platforms.

edutradinguru Updated 

Hello, if even ethereum, the number 2 of the whole cryptospace is suffering, then it is straightforward to stay away from all altcoins. We are close to the end of the downward movement, but no clear sign of an inversion is displayed yet. However, I will do a general updates on alts as well. We can see a H&S that is still in play, and the downward pressure is...

edutradinguru Updated 

Incredibly, not only we reentered the triangle, but we also broke it on the other side within 2 weeks! This time, with a BTC about to start a bull run, I do not think the triangle will be respected and will be meaningful anymore. But let's see if the break will be confirmed or will just be a fakeout as in the previous circle. However, alts, will start to...

edutradinguru Updated 

Finally, after 8 months, the 2-channel structure was broken! and guess which side. The less likely one. We said though. Market cap was a good indicator. UPWARD TARGETS It is difficult to say a target as all extensions have been overcome and fibo is useless as we do not know a top yet for tracing it. So, we have to use past static supports/resistances, that are...

edutradinguru

If you planned to bet on the US election and did not make it, you are still in time for a 13x small bet. goes to 1 if trump wins, to 0 if it loses. Funny token, but I like this use of tokenization and synthetic assets creation for prediction markets. Will be a nice trend in the future.

edutradinguru

Hello, as you noticed this is not the good moment for entering big on alts. However, it is a great moment to enter interesting projects little by little as it is IMPOSSIBLE to catch the all time low on investments. Therefore, coin of interest have most likely to be accumulated now so that to average the entry cost. WHY CRO? It is a solid coin from a great...

edutradinguru

Hello everybody, both fomoing ones and pessimists. I would like to buy more at a lower level too, but we have to follow what the chart is telling us. I expect a retracement since we haven't had a proper one since March. And shorter term indicators seem to confirm that. However, the bigger picture is very positive. First of all, as you can see, the two channels...

edutradinguru

At the moment the altcoin market cap (excluding btc) seems not to show the real situation. Indeed the market cap stays pretty high while . I honestly can not find a real explanation but the following two 1 - alt lost a lot compared to btc, not in absolute levels 2 - many alts are born every day, and the new one market cap is added to the old one keeping the...

edutradinguru

Hello, the btc price is still not at the June 2019 levels, but the market cap is, as new BTC have been mined since then. The reaction to this level is therefore very important. I expect a small retrace from here, but should this not happen, and the 246bn level be broken to the upside, we can say that the bull run is starting.

edutradinguru

Hello, as usual BTC likes to behave contrarily to what indicators. This move came unexpectedly but not unpredictably. This is why technical indicators are not the best way to "predict" (as everybody uses the same ones) and they have t be accompanied by fundamental analysis. But allow me to highlight the fact that BTC, for the first time from 2017, is ABOVE the...

edutradinguru

Hello, despite loving the crypto.com project, and using their card with cashback on a daily basis, a trader must not be influenced by emotions. When an investment enters a bearish phase, be it a token, a stock, or anything else, it is time to sell. From a technical point of view, we broke the 200daily average to the downside (and approaching the 200W), and...

edutradinguru

Hello, very quick signal for privacy coins. They seem the sole coin sector shoring some strength right now. The lower channel low boundary was retested successfully. Specifically, ZEC and ZEN will have halving soon. DASH apparently bottomed. I would focus on those. Indeed, I would leave XMR and XVG for now as the former already pumped due to the news of a mew...

edutradinguru

Hello, the short term rise scenario has played out (1st idea linked below). However, Shorts are at the all-time lows (2nd idea) and Longs are at a possible reveal point, as you can see from the chart. Most crowded trades are usually not the best. Next days and weeks will be crucial, but I still expect a correction to wipe out all those longs, before the bull run...

edutradinguru

Hello, the short term scenario mentioned in the attached idea below played out. We are also within the two channels that are holding since March. The break of the 11k however occurred during a weekend, let's wait for few normal "business day" to make sure it is not a fakeout.