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So is anyone actually surprised by this sudden sell off?
No, was it sudden - yes, which by the way is a good thing.
But if you look at the chart you would instantly see that we really just hit a previous Febuary High, before the Covid happened. Which is expected, and luckily it happened the way it did. A sudden droped triggered all kinds of...
It looks like we are going to be stuck in a channel for a little bit longer in July and early August.
If this is indeed a micro channel, and a bullish one at that, with a potential breakout with some positive news for the market, then watch out this are going to get crazy real fast.
Currently BTC is @9288$ and we got pretty decent resistance between 9.35k and...
Let's look at the monthly transition on the privacy coin king, Monero.
Pay attention to the major swing on this very special coin. The transition and breakout for monero has been in motion. Stay tuned, hodl for a very long time!
Well, this is not a trading idea actually. I just want to present my new tool to the community.
This tool will help you to choose a type of moving average to create the most profitable trading system based on crossovers.
Click on the price scale, point to "Labels" and switch off "No Overlapping Labels" option to get a better view.
Not too much price movement with Monero over the last couple months. making me think its getting ready for something big.
We have a wedge where price has been consolidating for weeks and we see both higher lows and higher highs.
The RSI is in a good position to go bullish
Some good increases in volume but it can bet better
we need to see a break upward and...
Last week I wrote about the broke out in XMRBTC. Today I sighted the break out in XMRUSD. EMA are all trending higher implyign sustainability in this move up. It has broken the resistance level that has capped this pair since Mar 2020. This break up only signified a greater move. When you compressed the chart to see the longer timeframe, I cant help but get...
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XMRUSD: stealth bull market TP +50% gains(SL/TP)(NEW)