If today closes red (5.5h remaining), then idea is confirmed.
Same for 3D BTC pair:
Targets: 0.13, 0.11, 0.09 - 0.08. I really don't see it going any lower.
The indicators say "short" but minimize leverage, as this coin has proven to be highly volatile.
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When I was referring to volatility in my above post, I meant things like this
4h USDT pair still looks bullish, with a descending channel and bullflag formed. Should a breakout occur, a move around 60% up should be possible.
BTC pair on the same timeframe looks similar, albeit with a smaller projection
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I am predicting a rejection or a fakeout at the top of the channel and then a sharp decline in price over the next 3 days at least. One can never be so sure though and I could very easily be proven wrong.
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It did close red on the 2D and soon it will too on the 4D USDT chart. After that the return to the target levels shall be swift.
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Didn't close red on the 4D. Watching closely to cancel trade if need be.
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Bullish on lower timeframes (4h-20h), bearish on higher (2D-3D). Watching closely and will update tommorow with comprehensive charts.
Order cancelled
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Will reshort later. Coin too volatile.
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3D BTC pair not looking too good, more downside ahead. Personally I am stuck on a losing trade (shorted at 0.16) and will have to hold anyways, but probably now would be the right time to enter. Once more, it was really hard to time the market just right.
Trade active
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4D USDT and BTC pair looking gravely, I hope you shorted around 0.16
A lot of hype on AI coins. Given its ath is like 2 dollars and given that in the coming months people will keep making videos about AI and include this I think it's matter of time before it explodes to the upside. Also given the hype I'm imagining parnerships etc will arise to push it to the upside
bed87
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...And I'll continue holding and not giving a F, it's bound to go back up and stay even higher sooner or later.
unknownpower
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@bed87 I assume based on fundamentals? I normally don't consider them when trading crypto. The indicators are almost always more powerful.
bed87
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@unknownpower, Based on buying at the wrong time, I have to hold this until at least around 30 cents just to break even lol