bacurrie45

bacurrie45

Hi Folks Bitfarms has been really struggling for the last few months yes it has made some gains here and there but nothing compared to it's competitors such as Cleans park, Riot etc and has been overall bearish. Due to the recent FUD regarding the former CEO suing Bit farms for $28 million dollars the uncertainty is even higher for this miner. From my analysis we...

bacurrie45 Updated 

Hi folks given that Bit farms is under a bearish order block and is below VAH with the stochastic RSI falling I am expecting the price to touch the POC of around $1.60 where buyers should step back in. I believe a shakeout is taking place so the big institutions can buy at better prices probably the POC level before the price turns bullish again which it should...

bacurrie45

Hello traders as you can see the graph has had a rally as of recent but as you can see we have hit the 1.618 on the fib extension we are also at the extreme level on the volume profiles where big players take profits. I am expecting a retracement and some may consider taking profits of the table

bacurrie45 Updated 

Hello traders as you can see another buy signal has been generated for ORCA with a lower fractal generated. Stochastic RSI and BB rising. I believe ORCA can get back to at least $9 could be an interesting long position with sensible leverage but I would be waiting for a close above the weekly pivot point and taking profit at the R1 level which just so happens to...

bacurrie45

Hello traders as you can see Polkadot is displaying a but signal on the CE, the stochastic RSI is also starting to come up as well as BB% indicating increasing volatility. Waiting for a fractal conformation I believe the bottom is in for DOT. We can also see some volume on the weekly. Polkadot could see $26 as a starting point

bacurrie45

Hi folks as we can see Solana has developed a CE and fractal sell signal and is under a bearish order block. Stochastic RSI starting to fall. The next VAH is around $60 which could be support. A break below this could see Solana fall to the POC of around $26.00 which is where buyers could step back in to support the price and this would be an excellent buying...

bacurrie45

Hi Folks Solana has been on a tear recently and continues to pump. If we look to where it could possibly go before retracing or meeting resistance then a possible target is $130 dollars based on the last Chandelier exit and fractal. I am using Renko charts as it helps filter out noise and provide cleaner signals for me personally anyway. As we can see the price...