This is another crypto that I think has some legs on it. $4 B mkt cap is not large, but not small. I could see it near $1000 in the foreseeable future. This projection is based on some patterns I've been noticing in a lot of charts, so I really want to see if it plays out that way as part of my chart studies. There's nothing technical in the chart that gives...
Bitcoin could form a potential falling wedge. It could as well as break upside as each triangle breakout as it could range lower for the whole February month like in 2017. If it ranges between 27,000$ and 30,000$ for one month, it could finally touch the SMA 100 which is a crucial support in a Bitcoin bull market where it usually bounces back, recovers, forms a...
If you look at my previous related idea, Bitcoin broke the first triangle upside and it doesn't seem to be a fakeout at the moment. Bitcoin could form a potential rising wedge giving an opportunity to play both short and long for swing traders and scalpers or DCA for holders. It could recover 42K this month and breaking a new ATH around 45K if February performs...
trade this how you want with your risk management strategies, I'll be DCA accumulating in green zones for fib targets of 1.618 (1.09) and 2.618 (2.623)
To current LONG SQ owners: SELL 20% of your position at 214/share, then sell another 50% (ie. 40%) at 238/share. Stay out and wait for a healthy (8-15%+) market pullback/correction to re-enter. (likely/maybe late late Feb - April 2021). SQ is hitting the ascending channel (blue lines) like a CHAMP! I'm so bullish. On the chart you'll see a rogue ascending...
I've found that the Bollinger Bands that I use for investing in the stock market, also do work well for Bitcoin on the weekly chart. In addition to just regular dollar-cost-averaging (DCAing), you can also purchase BTCUSD aggressively when the RSI falls below 40 and/or price goes below the lower Bollinger Band. I do not however recommend taking profit at the...
Personal outlook - Not investment advice, serves as a note to keep track. This is focused on optimizing the process of dollar cost averaging into Bitcoin. The initial buy in (~15%) to be placed at the 50 week moving average expected in November. The second buy (~20%) to be placed at the long time support around 5900 which may coincide with the 200 week moving...
CVC (Civic) is a hidden gem with a dark side. With a market cap of only 20.12 M, this coin has quite a good history of scalping, as well as being stuck in a sideways rutt for months. Its an interesting coin to trade simply because of its unique behavior, however, one must understand the risks involved. This coin has a low market cap, so additional care must be...
First Ace Race Bot trade of the month. Mainet coutdown in 8 days. Hope to ride up to launch day and sell.
Nice base setup Riding the bounce. Full position on Purple.
I will be waiting for bitcoin to break the long trend line in red if the price is hovering just below the long trend line in red I will not be buying. currently its hover below the long trend line in red, I might as well wait for the confirmation or wait for more dips and dumps. Update 1 (I have been DCA since early 2017)
I will be waiting for bitcoin to break the long trend line in red if the price is hovering just below the long trend line in red I will not be buying. currently its hover below the long trend line in red, I might as well wait for the confirmation or wait for more dips and dumps.
Short term forecast for long term positioning Looking for a reversal within the coming month & eventual downwards trend towards the DCA zone Recent news: Volkswagen recently restarted operations amid concerns of actual demand within the global market. FA: From 2018 to 2019, Volkswagen saw a 20+% increase in yearly net operating earnings generating up to just...
Is a massive inverted head and shoulders pattern going to play out its already been forming over forming for over 12 months so if it does form it will take another few months to play out but if it does playout it will the start of something big!!!!
From my last idea about COINBASE:LTCUSD on the weekly: "Personally, I feel this a valid time to accumulate given the very bullish news around crypto and blockchain technology in general in the last few days. I plan to hold for a while as the ratio is very low vs. BTC , see: COINBASE:LTCBTC . I'm a very firm bull on COINBASE:BTCUSD but also believe that LTC is...
Dear fellow readers! Haha, this is what I actually do like so much about this market, yesterday bear, bear, bear, today bull, bull, bull, tomorrow bear again, nobody knows :D? Is this going to be the all awaited beginning of the bounce? Have we bottomed yet? If it pumps, will it hold the level? So many questions, but basically no clear answers. The only thing I...
Dear fellow readers! The chart presented above represents my idea of the so called generational buying opportunity of BTC , which recently has come up in the news. I'm not a professional market analyst nor am I a professional trader and this shall definitely not be of any financial advice. Do your own research and try to understand the fundamentals regarding any...