Previous analysis: So the Healthy version of the correction played out, but not as i wanted it to happen. It's still above the mid-term support around 6250/6500, but rather had seen some more bullish conviction and that it would have stayed above the 7000ish. This has improved a bit now, but it is key that we form a higher low from now one, so not breaking...
G'day friends, I've covered Bitcoin a lot lately, so what of the alt coins? I love how clean this entry point is. Breakout from the bear market with a strong weekly candle, bull flag confirmed, right on a massive accumulation volume profile bar with a lot of fresh air over head. Couple this with Bitcoin defiance of short term bearish indicators - confirming it's...
In June we are going alpha with the golem protocol, Buying in my yellow box for massive acumulation before we are late. First target for cautious investors. im selling in 1$ and beyond
Okay, so please forgive my crude drawing of a Trojan horse here. But this sort of bull trap that could be in play just reminds of me a Greek tragedy. Okay, so a lot of fuss has been made over BTCUSD forming a golden cross yesterday. But considering that golden cross ONLY happened due to the initial $100M mega pump. Let's talk about that pump. The short version...
A few options for the end of the bear market. The white path appears to be most whale friendly and will be watching here. Additionally, the green path would be most Alt Season friendly.
Soon... Alt coins gonna boom. Pick quality alts.
dip in and out ya ya ya xx ## $$$ ##
entry and exit in arrow on chart Do your own research this is only a tip based on my altcoin finding strategy!!
Entry at green line Exit at red line SL:24 This is just a tip/ do your own research/ check the 1 day chart down!
Entry = Green Line Exit = Red Line Based on trending analysis looking bullish/ volume increasing/ has hit a pivot point on this support My personal exit is just above .0012-.0013
Return to accumulation range with a falling wedge structure. Good for long term hold in my opinion.
I've read some commenters who feel we are in a channel and they've been profiting on it. I say kudos to you as this "channel" is most decidedly a converging triangle. BTC making some moves this week, where they lead to nobody knows yet, BUT, we will likely determine the lifeline of STORM in the next couple of weeks (maybe sooner) The two scenarios played out...
Most likely scenario in my opinon, long accumulation with endless sideways.
Notes on chart, for a detailed explanation please see the BTC idea below:
DIGIBYTE LONG TRADE Chart is self explanatory I think. Shorting zone is mentioned along with Stop Loss and TP Price Points.
WAVES looks mega bullish to me. Structure is turning out great and indicators are showing good signs.