Good afternoon colleagues! I look forward to continuing the altseason and working out my goals with altcoins. The latest corrective movement in the market frightened many coin holders and forced them to sell. Therefore, it will now be easier to go up, as all who believe in the completion of growth will jump along the path so as not to lose profits. According to...
I called the bounce to the tee. And now we are gonna watch this wick out. I feel like the oversold pressure has finally released and now we can continue our wonderful alt season. God Speed,
Good day to all! We are going according to plan. We came to the first resistance and we are expecting a correctional wave B. Altas will most likely go for correction. Trade with pleasure! Thanks to all my subscribers and readers for your attention! 🙏 Success and profit! Do not leave without like, and if you liked my analytics sign up, and you definitely will...
My observations on the crypto market over the last almost 12 months: 1. BTC’s increase in PA (price action) and dominance increasing, meaning BTC PA was outpacing alts on pushes and alts were bleeding a little less on BTC pullbacks. 2. BTC dominance increasing even on pull backs, meaning BTC PA was still outpacing alts on pushes but was now bleeding much...
We need to wait for a little more market structure to manifest itself before we make a decision from here where to go. Will the RSI cool off long enough to take us lower or will we have a meaningful bounce from here. The daily has broken down to lower lows on the RSI which indicates that was still have a high probability of going lower from here and creating...
Nice pump we had in the Alts and I certainly made out well however this is a MAJOR significant level if we zoom out to the weekly. So we need to watch everything at this point to see what happens when BTC starts to pump off of this consolidation. God Speed, Mr. Lucifer
Its been lagging for two weeks now but it looks like it finally flagged out as I stated in my previous video on youtube if you'd like to check. I thought this would happen much sooner but the fact that it has taken this long for a flag to show itself on the daily rather than the 4hr makes the RSI cool off even more than I previously thought making the likelihood...
This looks insanely bullish to me for some reason... I just have this feeling in my gut like this is a harbinger of things to come for the entire market with BTC making the smaller gains if you know what I mean. God Speed, Mr. Lucifer
Its looking a little double toppy to me. There are other indicators signaling this as well... Might not be good for ALTs in the long term however they will benefit short term if this scenario plays out. God Speed, Mr. Lucifer
Lets try this one more time. Looks like BTCUSD popped out of its bearish situation meaning market structure has been forced into an evolution that suggests it might be time to go dispute the dire warning I gave earlier in the year. Alot of these calls are made off of statistical probabilities which do tend to evolve over time. That being said the DOM...
BTC Dominance is continuing to form a bullish flag and the next target will be 78%, or more than 10%. This is a terrible number for Altcoins' life. Holding Altcoin will almost cause loss. Make sure the Altcoin you are intending to buy has a big reason to buy and make sure you have a clear, specific strategy for each possible scenario.
Looking like it wants to take off. Is it finally time for ALTBTC pairs to dump and watch BTCUSD pump? IDK about BTCUSD but I am almost certain this is ready to go again since it had the whole week to cool off for the end of the week move to end strong on the weekly. Lets sit back and watch. My only open position is EOSBTC SHORT. Though BCHBTC is looking...
Possible early H&S or a double bull flag. Hard to tell.
Dom is looking like there is strength after this initial impulse move that was seen when BTCUSD took its push off the 6300isk level. BTCUSD in my opinion is going to go for another leg up and push the dominance up to 80% as previously speculated by many analysts. If thats the case we will short ALTBTC pairs on the way down and make some money hedging on the way...
We took advantage on the way up. Now lets have fun with this on the short side. If you followed the MATICBTC LONG trade you likely made 35% on your trade. I settled with 25%. Now I think its time for a nice retracement to take place. Its been a great December as far as volatility and swing trading goes. I will be making an update video here pretty soon. Just not...
Everything is looking good on the daily for a bounce from here. Now that being said I think it is important to note that I do not specialize in BTC price action so tread carefully. What does look to be a good trade at the moment are the long altbtc trades that I posted yesterday which should still be in play as I have indicated in the "BTCDOM SHORT" call that I...
Great Alt trades left and right since the Dom is overshooting. I personally will not be taking any of these trades because I had a great week and I dont want to get too over confident but I really would. I just want to maintain my discipline. God Speed, Mr. Lucifer
As I stated in my weekly market wrap up on Sunday it looks like there was an unnatural pump that was used to trap people in their long positions. If you watched the wrap up you would have anticipated this and gone short altusd pairs and profited BIGGLY as I did with ETCUSD short. Now however it looks like it might be time for ALTBTC pairs to get a little hop in...