While most of the internet is talking about $100k BTC or $5-10k Ethereum, I can’t say for sure I’m really interested. After all those are only 2-3x gains. I’m really interested in 10x minimum.
There be a number of alt-coins threatening to offer those returns as they break critical resistance. A couple of which stand out scoring high on my list.
On the 1-day chart above price action breaks out of resistance following a ‘incredible buy’ signal. The more exciting development is what is happening on the weekly chart (below), which is:
1) Price action breaks through the 52-EMA (green line) to confirm as support. This has never happened before.
2) Price action corrects to the golden ratio and the 21-EMA since mid-summer correction.
Is it possible price action falls further? Sure.
Is it probable? Super unlikely!
If you get a 10x here, sell it into BTC, don’t hold on the belief this is the next thing.
Good luck!
WW
Weekly MTL / BTC chart
There be a number of alt-coins threatening to offer those returns as they break critical resistance. A couple of which stand out scoring high on my list.
On the 1-day chart above price action breaks out of resistance following a ‘incredible buy’ signal. The more exciting development is what is happening on the weekly chart (below), which is:
1) Price action breaks through the 52-EMA (green line) to confirm as support. This has never happened before.
2) Price action corrects to the golden ratio and the 21-EMA since mid-summer correction.
Is it possible price action falls further? Sure.
Is it probable? Super unlikely!
If you get a 10x here, sell it into BTC, don’t hold on the belief this is the next thing.
Good luck!
WW
Weekly MTL / BTC chart
Trade active:
40% return in 35 minutes?! I'm printing that one out and framing it.
I'd say don't FOMO, but 90% of traders out there will do exactly that.
I'd say don't FOMO, but 90% of traders out there will do exactly that.
Trade active:
There she blows - now hold until the 10x arrives and cash into BTC.
Trade active:
Price action has now fallen to support, a significant move should now be expected not unlike the previous.
Comment:
The first question in any TA, what is the trend?
On the weekly chart below the answer is clear, higher highs higher lows. Price action is currently back-testing past resistance and also the lower pi channel (yellow dotted line).
Alles ist gut, keep calm and carry on.
On the weekly chart below the answer is clear, higher highs higher lows. Price action is currently back-testing past resistance and also the lower pi channel (yellow dotted line).
Alles ist gut, keep calm and carry on.
Trade active:
A large move is very probable in the weeks ahead. Notice the Dragonfly DOJI printed on the last 2-week candle? If tomorrow's candle closes green the DOJI is confirmed.
BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
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Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
On the weekly chart below price action is testing past resistance as support. The 21-week and 50-week EMAs (yellow and green) are both currently being tested as support.
Be patient!