$5 and $7.28 are massive resistances but if Polygon breakdown these resistances and the critical point anyone can't stop it.
Polygon Matic has been showing signs of gaining positive momentum. We're loosing negative momentum on our MACD histogram and still have yet to bullishy diverge. On the Stochastic RSI we're formed a nice trough starting to creep out of the oversold territory. Layer 2 Ethereum scaling cryptocurrencies will be rising with the growth of Ethereum. I believe move up to...
Pricing LRC vs ETH makes the most sense for now. As LRC becomes multi-chain this chart could become less important.
This pitchrok is drawn to early, but may give some guidance on how the price might move.
If Loopring starts to claim it's seat in essential ethereum scaling it can do quite well. However if it falls behind this pitchfork will probably find...
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...
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...
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.