Good day, fellow traders, humans, cerebral narcissists, and everyone else!
- Ripple (XRP) was first in the contest. It just took a squeeze and shot up like a bottle rocket, ~22.5%. (and then it crashed and burned up and died horribly)
- Next came Icon (ICX), and as I write this, she is in battle with some overhead resistance, trying to take a better spot in the contest. ~6.5% as of now, though she might have some surprises yet.
- Cardano (ADABTC) looks to be stepping up to the challenge!
Strong bullish divergence on the MACD as well as the RSI. There is some hidden bearish divergence on the stoch RSI, though it is shorter term and looks to be corrected since the last rally on Feb 25th.
I would highly recommend setting alerts as well as setting aside an hour to stare at these charts while these coins fire off. The predictability is reasonable and we can see all the reasons why these quick bursts are being rejected, however the FOMO is strong these days and it's not much fun to lose money on an accurately predicted bull run just because you got to your computer 20 minutes late. Take profits, set stops, keep calm, and trade on!
Cheers!
-B
*This is not advice to trade. If you want to analyze the writing in this post, rearrange the words, or even steal the content and call it your own declaring all the while that you were the first and only, then by all means, please proceed! But don't trade just because I said so. =D
- Ripple (XRP) was first in the contest. It just took a squeeze and shot up like a bottle rocket, ~22.5%. (and then it crashed and burned up and died horribly)
- Next came Icon (ICX), and as I write this, she is in battle with some overhead resistance, trying to take a better spot in the contest. ~6.5% as of now, though she might have some surprises yet.
- Cardano (ADABTC) looks to be stepping up to the challenge!
Strong bullish divergence on the MACD as well as the RSI. There is some hidden bearish divergence on the stoch RSI, though it is shorter term and looks to be corrected since the last rally on Feb 25th.
I would highly recommend setting alerts as well as setting aside an hour to stare at these charts while these coins fire off. The predictability is reasonable and we can see all the reasons why these quick bursts are being rejected, however the FOMO is strong these days and it's not much fun to lose money on an accurately predicted bull run just because you got to your computer 20 minutes late. Take profits, set stops, keep calm, and trade on!
Cheers!
-B
*This is not advice to trade. If you want to analyze the writing in this post, rearrange the words, or even steal the content and call it your own declaring all the while that you were the first and only, then by all means, please proceed! But don't trade just because I said so. =D