BitInfo12

BitInfo12

Are your bags packed? Are you ready to go? It appears we are on the verge of Alt Season as Total Market Cap excluding BTC & ETH is ready to break to the upside. Now that people are sitting on BTC gains at All-Time Highs, I would start looking for rotations into hyped up Alt projects - NFTS, Stable Coins, and Pepe's and just classic Shit Coins. As long as the...

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Looking to add to my #MSOS position in the event it reaches the .5 Fib. If it breaks lower, would take the loss and average into a longer swing trade position on daily consolidation. The strength of the breakout pivot is impressive. Aggressive bulls will be delighted with broader market strength. AI driving the market, so eyes are there for indications of trend changes.

BitInfo12

Pretty incredible chart. This price action will be talked about for years. Where will it end? How will it end? These are not questions I know how to answer. The great thing is I don't have to know the answers to these questions to profit MAJORLY from the price action. Everything I need to know is reflected in the price action. The trend is your friend (until the...

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AMD looks to be forming a Bull Flag for continuation. Bullish Divergence in RSI helps the case. Look for a 3-day consolidation in the event of more sideways action. Either way, a Bullish chart & Bullish set up for a deep Bid market. Bears will need to do a lot of work to reverse the strong trend.

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MSOS looks poised on a Cup and Handle pattern for a potential breakout. Stop Loss @ 20% in a smaller position size to start. Need to see it play out, but bullish divergence in RSI looks good. .5 Fib - Orange - is a BUY. #MSOS

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#BTC is testing the 50-day Moving Average with interesting volume. If these levels break and there is a follow-thru, I'm looking at the $32k range for the next resistance level. Potential 16% move. If rejected from these levels, look for a retrace back to FWB:25K range for further consolidation and a move in the future. $24k is the ultimate level to defend. I'm...

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META has sold off nearly 70% from its ALL TIME HIGH of $380. I'm looking at Bullish Divergence in the weekly RSI. If a base is starting to form around the $116-$126 range, we could see a higher low establish around this range. Likely a good price zone to Dollar Cost Average into a position. If a base establishes, this could be a range where you get some shares at...

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BTC is showing buy-side strength for the first time in months as it tries to establish a bottom of the current bear market. That said, we are likely not out of the woods yet. 'Crypto' & BTC will likely end the liquidation phase of the bear with one more major sell-off & capitulation panic. 4 to 6 more months of 'despair' & 'anger/depression' is likely ahead....

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Bitcoin has set a clean series of higher lows creating a clear uptrend on the daily chart. If BTC is able to break out of the ascending triangle, I would watch for a 14% to 16% move to the next large resistance area around $59,000. A Golden Cross is to follow and this could be a major indicator for short-term to medium-term strength. RSI showing an attempt at a...

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NEO has been on a subtle, yet powerful upward movement in the price for the past few months. With $20 being a major psychological level and Fibonacci levels acting as clear support/resistance, this set-up is interesting. Look for a breakout of the $21 level leading to higher highs. If rejected look for lower FIb levels as support zones. 80/20 trade. Of course,...

BitInfo12 Updated 

The 3-day chart is the Golden Chart for Chainlink vs. USD at the moment. The TD indicator has lined up multiple TD 9 tops that have predicted 2 to 4-day pullbacks, and then set up a run for new all-time highs. We have just printed another perfected TD 9 candle and are currently on our first 3-day red candle. I would anticipate another one to three 3-day red...

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I was asked to look at the XTZ/BTC pair... Overall, I would say this formation has a Bullish lean. There is clearly a tightening symmetrical triangle on the 3-day chart. The price action has remained above the 200-day moving average since it broke below earlier this year. Now the price has broken above the 50-day moving average, is holding above, and continues to...

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Over the course of the Tezos life span, It has been forming a massive Ascending triangle. A series of higher lows has developed starting from the genesis candle. I would pay close attention to this formation. If XTZ is able to break upwards resistance, it may search for Higher Highs. Of course, this is a probabilistic set-up. DYOR.

BitInfo12

I believe the May 2020 Halvening event will be a BUY THE RUMOR, SELL THE NEWS event. BTC will break out of the long term triangle and temporarily print new lows - possibly the $6,400 range. Then once sentiment is negative and sellers are exhausted, set your engines for a new Bull Trend and a rocket to the moon (new highs) as buyers return to the market,...

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BTC looks to progress in a major Bull pattern. I would expect a BUY THE DIP opportunity after a decent sell-off. Then set-up to break the pattern for higher-highs. 80/20 odds. #notfinancialadvice

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Tezos has seen a significant increase in volume after the news that Kraken was going to allow full staking services. Now, Coinbase, Kraken, & Binance have announced full staking services for Tezos. With a 7% annual ROI for staking, Tezos is being positioned to be a high-interest savings account for its holders/stakers. As I have noted in the past, I see this...

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XTZ/USD has been in a tightening EQ pattern for weeks after a large bullish move forming a large Bull Flag. We can anticipate a break of this EQ pattern in a short to a medium-term timeframe. One indication that leads me to believe this pattern will break to the upside is the current price action on the XTZ/BTC pair. This trading pair was recently in a similar...

BitInfo12 Updated 

ETH looks like it could be setting up for another move higher. Based on resistance levels, I believe an 8%-9% move would be likely. This would put the price at the +/- $240. Good luck!