Eh, just general feeling of this. Seems too good to be true, everyone is hopeful. I just wont believe a bull trend till I see it.. till then, we should retest new lows. THEN perhaps a double bottom might reinvigorate some new trend.
Relief rally levels marked (arrows) that i'm watching before more downside - aka double digit shitcoin territory. That $50- $40 range is my main area of interest to be a buyer and HODL to $0
Alt Coin Analysis - Points out of 10 Date : Since 2014 ( 8 / 10 ) Volume 24 H : 16,185 BTC ( 8 / 10 ) Available Markets* ( 8 / 10 ) Social Media Rate ( 7 / 10 ) Ranks ** 11 ( 9 / 10 ) Website ( 7 / 10 ) Type Decentralized Internet Overall ( 8 /10 ) i bought a huge bag of TRON between 288 - 300 satoshi, Buy confidentially till 230 satoshi! 2X - 3X...
Warren Buffet once referred to Bitcoin as "Rat Poison Squared." I'm beginning to think that he is right , though not in the context he was using. Bitcoin is coupled with nearly every altcoin out there , and on many exchanges is a NECESSARY medium for the exchange and trade of these altcoins , as many have not been made into base currencies directly correlated with...
Shitcoin Zero Look technical analysis.
As we are approaching panic & capitulation, it is good to know where "The Mean" will be as of market cycles. Enjoy!
We finally broke that resistance that was holding us back since the drop (white line). I'm expecting a quick retest and then shooting for some of those red targets. As long as we're above the 575 low, bullishness is in.
Alt Coin Analysis - Points out of 10 Date : Since 2013 ( 9 / 10 ) Volume 24 H : 1.3 BTC ( 1 / 10 ) Available Markets* ( 1 / 10 ) Social Media Rate ( 4 / 10 ) Ranks **844 ( 2 / 10 ) Website ( 2 / 10 ) Type Crypto Lending platfrom Overall ( 2 /10 ) Do you want to gamble but no trade / invest? Buy Gold Coin. No fundamental news / Shitty TA. Can it drop...
1st entry at the top of the ob 2nd at the EQ. Lots of fib confluence at that level whether u use bodies or wicks OTE is at the same place which is super weird. yellow lines are for MS the bottom one needs to hold and the top one needs to break for trend to remain intact (obviously). Its inverse.
Blocktix $TIX my kind of chart! two big green bars..
NASDAQ: $QURE looks like it's about to SHIT THE BED! #StayAway ...or consider SHORT'ing if shares are available from your Broker! Looks like an EASY WIN!
We've broken some previous highs which is very good. I don't think we're done with the retracement yet until we hit at least some of the fibs in my chart. In case we take off sooner, I'll update the idea. Bitcoin is a bit dumpy today as well. Be careful with that, it like to take alts down with it.
After the retest the white pivot line which rests inside the optimal fib retrace zone, I expect ARN to move and try to take out the highs outlined above. If it does take off, I'd recommend taking some profit at each of those levels.
Looking at the daily, the price seems to be making higher lows and the level that was continuously tested as resistance for a whole month should now act as support for at least some bounce. If it takes off for real, it could very well go for one of those resistance levels.
Needs to retest that previous resistance which falls within the optimal fib range (betweeen .62 and .79). After that I hope it attacks that high again.
- Break in market structure - .705 retracement - Pivot level retest 3 factors for a nice 3.5 R/R setup right here, with a stop below previous low, worth playing with decent risk management.