gumbowizard

gumbowizard

After the initial pump and subsequent dump upon LINA listing onto Binance, it is now appearing to have bottomed. Price has bounced and is forming a bullish symmetrical triangle right above support. R/R for a long as good here and I've entered the trade. Take an appropriate amount of risk and apply a logical stoploss. Good luck.

gumbowizard Updated 

Sitting at ~300 mil mcap, BAND has underperformed the market since January along with the entire oracle sector, and because of that it's really not been mentioned much. Zooming out though we can see it's been ranging within an accumulation range, close to the previous ATH. Accumulation, in a bull market, at an ATH is when you want to buy; as this is when large...

gumbowizard Updated 

As we can see there's a very very clear symmetrical triangle that has developed on HTF, and ETH is currently at the resistance. Not gonna lie, I see two possible scenarios playing out, and both are gonna lead to new ATHs. Either we have one last subwave down before breaking out, retesting the breakout, and then going to new ATHs... or we flat out break...

gumbowizard Updated 

BTC conditions are a bit shaky right now, but I like this entry in MIR as a hold. TA wise we can see a symmetrical triangle forming which is a continuation pattern, bullish divergence forming on both RSI and stoch RSI, and price consolidating relatively near the all time high during a time when most other altcoins have dropped 20-30% due to BTC. FA wise MIR has...

gumbowizard Updated 

As we get closer to options expiratory, volatility should be expected. Lots of fud and fear in the space lately it seems, and IMO it's not justified. Zoom out, look at the bigger picture... market structure is still macro bullish. Looking at the chart we can see unconfirmed bullflag forming, and a bull div forming on higher timeframes. I see this playing out...