TheBitcoinGeneration

TheBitcoinGeneration

Opinion: Short term trade. TP at 0.000017! :) Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still...

TheBitcoinGeneration

Opinion: In terms of TA, the NEAR neckline is standing at 6$. Which provides us with a good TP target. The current support has been thoroughly tested through the Macro shakedowns crypto has suffered over the past weeks. The Messari mainet convention and the NEAR con in Portugal, point at possible upgrades that could drive price action up. Targeting buys at late...

TheBitcoinGeneration

Some coins I have loaded up on during yesterday's dip: $10000NFT $ADA $ASTRO $ALGO $AUDIO $AXS $BAND $BIT $COTI $DAR $DASH $DOT $DUSK $GALA $GLMR $GRT $HBAR $HNT $ILV $JASMY $ZIL $KSM $LRC $LUNA2 $MASK $OCEAN $RSS3 $SRM $WAVES (All at 4 hours support traded on @Bybit_Official ) Notes on how I personally use my charts/NFA: Each level L1-L3 (S1-S3) and TP1-TP3...

TheBitcoinGeneration

Opinion: - EOS change in team. - Exodus of toxic team members - New project growth emphasis - Mengel update EOS is part of a very small club of 3. It has settled all disputes with the SEC and therefore not susceptible to a XRP like catastrophe. This alone places it up there with ETH and BTC as SEC shielded. Sources:...

TheBitcoinGeneration

Opinion: - Biden inflation pivot ahead of mid-terms BIDEN: WE ARE SEEING PROGRESS ON GASOLINE PRICE REDUCTIONS AND INFLATION. - FOMC minutes announcing 50bps or lower futures hikes to "Gauge the effect of previous hikes" - Mid-terms nearing and political funding needs - E.U cost of living crisis/ German PPI @ 37% / Continued conflict in Ukraine &...

TheBitcoinGeneration

Opinion: Sushi is a favorite of liquidity farmers. Over 40% of Nansen smart wallets have exposure to Sushi or its LP token. After a lengthy capitulation, sushi has now breached its long-term downtrend and seems ripe for a squeeze. TP at 5$+ Notes on how I personally use my charts/NFA: Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea...

TheBitcoinGeneration

Opinion: With rising gas prices in the Netherlands, a lack of financial support for industry energy prices and gym memberships being a 1 year contract. I think it is safe to expect $BFIT to loose its gains very soon. Gym's are one of the most electricity consuming retail focused activities, with high delinquency rates. Looks to me like a safe #SHORT. (PS: Time to...

TheBitcoinGeneration

Opinion: - ES1 tested demand zone and successfully bounced from it. - Break Above 150D MA showing bullish momentum Strat: - Sit - Assess Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The...

TheBitcoinGeneration

Opinion: - NFT market functions on larger spreads than usual tickers - Merge increasing cost of transaction and causing FOMO. - Undervalued market with low volume across NFT dealers (Nansen Data) - Merge Exposure Strat: - Buy. - HODL Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag...

TheBitcoinGeneration

Opinion: - Perfect TA set up for a downside fake-out. - Confidence in markets not tested sufficiently given the rapid rise caused by the CPI print - Funds seeking to un-wind their shorts. - Retail loss of faith seeking to BE-TP on months long positions. - Wknd low-liquidity Strat: - Buy sub 22.36k Notes on how I personally use my charts/NFA: Each level L1-L3...

TheBitcoinGeneration

Opinion: Secret has gone through consolidation. But its relationship to XMR, is paramount to its growth. As the U.S increases IRS efforts, it is to be expected privacy tokens will be sought after, secret allows for XRM tokens to be staked. Its value should henceforth experience renewed interest and corelate with XMR. Very bullish on it here, aswell as its tech....

TheBitcoinGeneration

Opinion: Waves has hit its Pi cycle bottom and consolidated its accumulation over the last month. It now likely to visit the range highs, if not break it! I am expecting to TP this position between 10-14$ and keep at least 11% for the long run. Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to...

TheBitcoinGeneration Updated 

Opinion: Due to the XRP trial; XRP now finds itself in an interesting position; legal hurdles are nearing the end, XRP Beta (Market Sensitivity) is at a low and derelict founders have finally sold the majority of their tokens. Taking these factors into account as fundamentals, XRP seems to have bottomed. I currently expect a number of failed pump attempts in the...

TheBitcoinGeneration

Opinion: Without much else other than my gut-feeling and a wish to enjoy my weekend without the need of babysitting a position. I am now exiting 50% of my longs. (After a 20% exit earlier in the week.) To put it in smart sounding fashion. BTC has stagnated at the sellers control zone. Given there is no change to macro leverage procurement (Rates are too high...

TheBitcoinGeneration Updated 

With U.S FED re-affirming its intention to fight inflation and Russia having its reserves in gold whereas U.S being reliant on foreign debt and oil for the workings of the U.S dollar. I now expect a deep relentless dive in gold markets. Target 1070$ and possibly lower in the next 12 months. Nevertheless this will not be in one go. There are many levels where...

TheBitcoinGeneration

Opinion: Despite main stream media yearly inflation print FUD. A glass half full approach would yield a closer look into the CPI MoM. This is the first time it has come lower than the previous period in 2022. It signals a roll-over or at least a retracement and negative effect on the positive slope of core inflation . This is not an absolutely bullish /must buy...

TheBitcoinGeneration Updated 

Opinion: It seems Bitcoin is creating a wide but consolidating structure. A lot of attention must be payed to the CPI print next Tuesday. FED Powell, has expressed, subtle recognition of the dangers that fighting inflation amidst multiple crisis carry towards markets. However, there is no tangible action or an official change in posture from the FED beyond the...

TheBitcoinGeneration

Opinion: Ethereum's value has been moved by a number of factors; the main of which, has driven high expectation as a decoy from Ethereum's current price action. Unfortunately, the decoy "Proof of Stake" or "Merge" or "Docking", is merely a decoy. Here is a list of factors that have led me to this opinion: 1. U.S Infrastructure bill. Passed in November 2021; it...