edutradinguru

edutradinguru

The gap indicated is not what we care about. It just indicates the probable direction. Also because that movement would be a mere 9% move. What we are looking are big returns. Here is the idea. Call Spread 60$-70$ mwith maturity June 21 is quoting around 280$, for a potential 400%. If the price goes to 70, the payoff would be 1,000$, 4x the initial investment....

edutradinguru

Hello, shorts positions are very low, which is weird in an uncertain situation like the current one. Despite not all the odds are for a fall of BTC, this is a scenario it makes sense to play right now.

edutradinguru

Retest of the base of the descending triangle. Targets identified with the arrows on the chart.

edutradinguru

Hello, alts are suffering (see my previous idea), but why is defi suffering even more? Should it not be the FUTURE? Well, there are basically two reasons. The first and most obvious one is that, despite other alts, old generation alts, the defi alts experienced an astonishing rise that would have come to an abrupt end anyway. They had to come to more realistic...

edutradinguru

we are in a moment of low volatility of BTC: it has to increase soon. However, whatever direction BTC will take, alt will suffer. -if it goes below 10k, alts will suffer more. -if it goes above 11k and start a nice rise, everybody will queue on BTC, leaving alts in a corner at first. I will stay away from alts right now. If you don't want to stay in btc and...

edutradinguru

Hello, YFI is a great project, definitively the first alt I will want in my ptf once the storm has passed. BUT, now alts are suffering, and DeFi coins even more as, despite other alts, they were in a bubble. All defis are experiencing falls of 60%+ and in some cases even 90%. The difficult part is that defi coins do not have a significant history, so there are...

edutradinguru

A resume of the idea: despite being very bullish in the long term, BTC may experience a "flash" crash in the next days, to retest key levels before taking off in the following weeks. Many key indicators are bullish (NVT for example), but they are longer term indicator. In the shorter term, there is a confluence of indications suggesting that BTC could revisit 9000...

edutradinguru

Hello, Zcash had a great reaction today. Not only it broke updwards the descending trendline and an horizontal resistance with an amazing candle, but it was one of the few (if not the only one) among the "big" to experience such a growth. It recently bounced from its lows of 2020 and let's not forget it will HALVE on the 18th of October. It is time to jump in....

edutradinguru

Hello, as promised, here a brief analysis on the only coin of which I decided to build a long positions in the last days. Indeed, the mood is not very optimistic and Btc could face some more downward pressure, hence on all other, I am monitoring. The other one I am interesting to is YFI, but it is still very expensive. However, this made BZRX to fall to a very...

edutradinguru

Hello, I do not scalp but while looking to my watchlist I saw this discrepancy. USDT quote for CRV is 10% higher than the BTC one. Easy 10%

edutradinguru

Just said about altocins, their dominance seems to be on its way to increase, in line with a post-halving run, but the environment has changed from the last time. Not all random alts will increase, just the real gems or hyped sectors, the others will bleed anyway except for short pumps and dumps. In this sense, DeFi was the only pushing sector before this last...

edutradinguru

Hello everyone, not much happening this week if we look at the chart with the swing trader eye. For Scalpers, it is a different story, as the week offered good opportunity to enter short term trades. As we can see, the two channel setup is still holding, despite a false breakout (as of now) The area 10,000-10,300 display a bunsh of strong supports as we can se...

edutradinguru

Hello, as predicted few days ago (see the linked idea below) in this moment of undecision the only "sector" that is well performing is the exchange tokens field. They usually grant staking benefits and allow you to have discounts on fees. This growth is mainly due to the BNB token which is growing a lot because of the BELLA protocol "ico" they are running and is...

edutradinguru

Hello, we had a rejection after the 4th attempt to break 12k level. As of now, all is still fine, not exiting for sure, but fine. Indeed, at this level we have a bunch of supports, namely - the lower ascending channel - the red trendline that is working since May as support Also, we can consider this as a retest of - the 10k level - the retracement area...

edutradinguru

Hello, this is the 3rd coin I am about to enter soon. I just would like to see it closeing above the 21 moving average and above the red area that identifies the retracement area. The reason I like this coin is simple. It is an lternative to Compound (we talked aboutit in the linked idea) and to many other similar projects because it is run on its own blockchan....

edutradinguru

Hello, after the initialcrazy hype around this protocol and its token, it has somehow been forgotten and the attention of traders shifted to the new, yet smaller, projects that came out ridng the DeFi fever. However, it is still one of the best project of its kind out there, after Aave and Maker. It allow users to earn interest or borrow assets against...

edutradinguru

Honestly, I am not able to say whether the DeFi trend can continue like this. However, we still are on its early stages, hence, if it really reveals to be the new BIG THING, it can still grow exponentially. If not, we will see it blow up as the ICO trend. As of now, I think the hype is sustainable as the DeFi idea is really interesting in the future perspective it...

edutradinguru

Said about Bitcoin, it is now time to look at alts, as the dominance is struggling to get further away from the 62-63 level. However, the restest of those levels is absolutely normal and I expect a resume of the alt uptrend soon to the same level as per last related idea (linked below). Nothing changed. Yes, but which coins? This is only a general overlook and...