Hello everyone! Quick update on the current situation with several charts below. Currently I am still bullish on Oil and bearish on the USD. The USD hasn't managed to bounce and across many pairs it either keeps breaking down or keeps testing support. For example USDCNH has clearly broken down and GBPUSD looks ready for a breakout. Currently metals don't look...
The truth is that currently 1) BTC has tested the 300 DMA almost twice and 28-31k more than 5 times which makes support weaker 2) It has lost the 200 DMA 3) It lost its 42k Jan ATH and it turned back into resistance 4) Usually when a correction is larger than usual it means it is over. We went from 20-31% corrections to 55% which is not good. There are other...
AMC has finally broken 14.5 for real and seems pretty strong. The more times this resistance is being tested, the more likely it is that the breakout is real. We have seen strong re-accumulation based on the volume profile in the 14$ area which just turned into support. Below I have the charts which unfortunately are in a format from tradingview that have to be...
Based on my previous idea which I just updated too, BTC was going to hit 42k sooner than later and the picture wasn't great. The fractal played out nicely and the current correction has been pretty large, potentially even the beginning of a bear market. However in my opinion there is a lot of support in the 38-42k zone which hasn't been fully retested yet. On...
Bitcoin has been in a really bad spot over the last few days and the situation seems pretty tough. Alts have been stealing the show and money is flowing out of Bitcoin and into Alts. Yes the Tesla situation played a role, as well as the volatility / correction is stocks... but Bitcoin was already not in a healthy spot given how fast it went up. In my opinion the...
In this video I go through several coins which I think have some interesting prospects. This is the first video from a mini series I will do where I cover different coins, bullish or bearish and give you my honest fundamental and technical opinions.
Going through several FX pairs, the importance of the USD, all the important commodities (Gold, Copper, Oil) and finally some indices like the Nasdaq 100, S&P 500, Nikkei etc.
BAT recently got listed on Coinbase Pro & Bitstamp. Before that was added on Grayscale so institution now have full access. It is one of the coins newbies can relate to due to the browser. Definitely one of the hottest ones right now and is coming out of massive capitulation vs BTC and vs USD it has been going up nice and steady after being in accumulation...
Bitcoin is looking pretty explosive here. Bitcoin has gone totally flat over the last few months and it has been just chopping around. Right now it is sitting at the exact average of all prices over the last few weeks/months. At the 50 DMA, Monthly P and the Volume Profile PoC. This has come right after the most crucial correction so far. We finally broke the 50...
KSM has been in a mega uptrend vs BTC for a long time, an especially vs USD. This year it made a new ATH vs BTC and currently it just retested some key levels both vs BTC and USD. It is now back above its 50 DMA and the monthly P looking very strong. Could easily hit R3 relatively soon. In my opinion Polkadot is also bullish which is definitely a plus! Maybe...
XLMBTC is the largest base I have ever seen in crypto. The weirdest and largest at the same time... This could seriously reach the stars once it gets going. I think there are some pretty big forces behind stellar, especially as Jed McCalleb has managed to escape from the wrath of the SEC. Stellar is one of those coins that had a massive run in 2017, its supply...
XRP has had a massive capitulation and went all the way back to its 2014 & 2017 cycle lows because of the SEC decision... but they still have a chance to win + some people still believe it is decentralized so none of that matters. Overall longs got destroyed and there are no sellers left which makes it a lot easier to pump. Resistance is very clear here but of...
Not much to say other than my previous idea still holds and even more. We have a cluster of resistance pretty close, but it will get smashed like it isn't even there. This is an incredibly bullish retest... So buckle up and get ready for the pump. (No investment advice)
Look this is going to be a funny one and essentially an update on my previous idea on Zilliqa. All I wanted to say is get ready because this is ready to fly. All I said on my previous idea, with 10x more confidence. Trust me, you aren't long enough on Zilliqa ;) (No investment advice)
Binance, Huobi and other exchanges who had XEM listed, will potential list XYM at some point. That allows some people to capitulated and then at some point people see a new coin come up, many are even unaware they have the airdrop so when the listings occur these tend to pump hard. We saw that with the STEEM vs HIVE fork and it could potentially happen again. Some...
I wanted to put out an idea on MIR for quite some time, but because I did a video on youtube and included it... I didn't. I've done this with several coins and overall have tried to put out proper gems in here, like smaller coins and not just stuff everyone talks about... but that doesn't seem to be what people want so I need to balance stuff out. In my opinion...
Swissborg is platform that benefits from all the crypto adoption and that shows on the price of the token. It has been doing its own thing for quite some time and now is about to break its ATHs vs BTC after the 3rd attempt and it is looking very strong. The structure is also very bullish and although there might be a pullback soon, the upside is almost guaranteed.
This coin recently got listed on Bittrex and before that it was only on Kucoin. Had an extreme capitulation and not is going higher. Has closed above ky support and is forming a very bullish pattern. When coupled with the listing this is set to explode.