Bit of a messy chart this one, but not only do we have a bullish pattern of higher lows and lower highs (green lines) but we also see what could be an inverted head and shoulder pattern with a price target above all time highs.
MATIC is a great project, accumulate while its cheap!
I love their ability to evolve to suit the current landscape. long term...
Issue with tradingviews lock scale feature/function. the video shows it all. this issue happens randomly. I submitted a ticket also. this video is for tradingview staff
Detail text in video:
Hi!, this video is for tradingview.
This video demonstrates the issues I have been having with the "Scale" setting. For some reason the chart will lose its ability to...
Avalanche has been on a rampage and has held up very well since July 21st. Avalanche is currently in price discovery and it has the potential to hit $90 in the coming weeks with the trend it's currently been on. The Fibonacci level of 1.618 is the next destination for price at around $91.
Current Support Zone: $61-$64
Current Resistance: $72.75
Ever see price nearing a zone of interest and wonder when is the right time to get into a position?
Try scaling in!
Taking a few smaller positions as price moves into your area can allow you to get into a trade while managing risk along the way.
This can help you to not miss moves by waiting too long AND to not overleverage by taking a large position too...
Bitcoin in general follows his routine and the whole crypto eco system
Like you see, we have made a nice support on the 200 Moving Average with eth/btc correlation, which would consider go back around 3700 dollar per Ether(under pic) and going dominate BTC in the long term.
What suprised me is that Bitcoin always follow his routine and never follows people...
Raiden Network as off chain scaling solution started its move to the heavens.
We are currently 150% from our entry point but there is still a long way to go.
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be...
I think this is largely dependent on how ETH shapes up in the coming months.
Layer 2 Scaling (Uniswap + Coinbase Wallet specifically)
Mainstream attention on NFTs
If Ethereum fails at these I'd still be surprised if .055 never gets tagged.
Upon the announcement of Project Optimism, the 2 layer scaling solution to Ethereum, it's time to start picking up ether (if you havent already started). This is a great time to trade against crypto pairs, as the projected benefits from the L2 solution will greatly increase ETH's valuation relatively against crypto pairs.
On a slightly related note, I will be...
Merry Christmas and Happy New Year.
Last week was somewhat quiet as we had Christmas holiday going into the weekend.
Quick going over my current positions from last week, did enter a scale in position, and that was it. There was 1 miss trade that I did not take.
CADJPY - First trade running about 2%. SL at 1:1 RR. Second trade scaled in....
Drawing my bespoke fib from the high of the previous entry to the new low allows me to scale in with a second entry at the 50% retracement level.
Following the same process as the initial entry I now have 2R profit secured with a full sized risk free position running.
Buy CELR / layer 2 scaling will be big @ Solid Support! Celer Network is a leading layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. It enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations...
LONG LRC - breakout of bullish flag - Low RIsk Entry Point // - Loopring is an open protocol for building high-performance, order book decentralized exchanges on Ethereum. Their goal is to enable the building of highly scalable exchanges without compromising Ethereum-level security guarantees through a zkRollup construction. Although blockchains inherently...
Long OMG - bouncing off support of KELTNER BAND midline and POC (point of control) on vol profile ... the developers are hard at work! OMG Network is a Layer-2 scaling protocol for Ethereum. What this protocol aims to achieve is a higher transaction throughput at a lower cost while leveraging the security guarantees of its underlying layer which is Ethereum.