BITCOIN -- Supply and Demand ⚔ Battle Continues! 😬
Bullish volume expands at the bottom of Trading Range $32,000.
(This was the "Hold the Door" moment in GOT. 🏋️♂️)
In the Wyckoff schematic, this appears to be the SPRING 🐍. Bullish volume has entered... bulls escape the death trap to $20,000.
Admittedly, "Phase B" went on longer than I thought it could and had...
Finally, Bitcoin flips the 1H 200 EMA to support. A few bullish volume spikes show clues that retail traders may be flipping bullish. Just need more volume now.
✅1) Need to flip that 1H - 200 EMA to Support
🟡2) Volume should start increasing as retail traders take positions.
🟥3) Price needs to get to the $23,000 Resistance Line
🟥4) Reversal is only confirmed with...
Now that US Markets have opened up... I'm starting to see clues of a bottom reversal.
Bearish volume has been declining... 👇 while the price has been dropping. 🤷
Effort < Result.
At this stage with low volume and prices appearing to be creeping up (on the lower timeframe)... this could be a sign that sell pressure is exhausted and whales are accumulating...
Shiba Inu (SHIB) looks like a bullish breakout of a Diamond Reversal pattern 💎 at a key Resistance level flipped to Support 🛡️... in confluence with a Fibonacci Retracement to the 0.618 golden ratio level! 🌈
Terra Virtua Kolect may be on the verge of a breakout. On Balance Volume went crazy. "Volume precedes price..."
Their only competitor is Ecomi whose app VeVe.me consistently sells out their NFTs within minutes of every drop.
TVK Market Cap = $200.000.000
OMI Market Cap = $1,000,000,000
As Terra Virtua gains momentum and releases more features with its app and...
No TA... just looking back on this day... 2 years ago 🚀
When Bitcoin was at $4,000 in 2019, an online publication posted a story about a Bitcoin ETF being approved as an April Fool's joke. Some believe this sparked a 20% rally out of the bear market. Now, here we are in 2021 and Bitcoin is trying to get past $60,000.
iExec RLC (RLC) is a decentralized cloud computing for dapps and they are partnered with Intel, IBM Cloud, Alibaba Cloud, and others. Their Executive Team consists of all PHDs and their goal is to provide Ethereum (and its dapps) computing power to scale. They are also a member of The Ethereum Enterprise Alliance. Their computing power includes artificial...
NEXO... in a recent AMA on YouTube, Co-founder and Managing Partner Antoni Trenchev dropped hints of a bank acquisition and potential stock offering. They have been aggressively buying back their own NEXO tokens off exchanges in the last 90 days to stabilize the price, as Trenchev believes the NEXO token should be fairly valued in the double-digit...
There's a lot to like about this undervalued gaming crypto. While everyone is distracted by DeFi Swaps... go next-level and into DeFi Gaminig 3.0!
BEPRO did a crazy pump seemingly out of nowhere... but now that the dust has settled, it's time to do your research and possibly scale into this crypto gem. 💎
It's been under a major resistance level for 190+ days and...
Litecoin at $220 reminds me of Bitcoin at $12,000...
On Balance Volume is showing evidence that institutional money is flowing into Litecoin.
Litecoin's current On Balance Volume at $220-ish is at higher levels than when its price was at its all-time high of $420-ish. (This is similar to when Bitcoin was at $12,000 in Oct 2020.)
❓ Are your Stop Losses getting tagged from shorts and long positions?
If the answer was yes... that's because we're in a sideways consolidation.
🚨 If you keep trading all your gains will get wiped out in the next few weeks as volatility slows down and bots range up and down the price to take out all the stop losses that they can see on the backend.
They all built a base... 🏗️ now they go up to space... 🚀 to join Bitcoin (and maybe surpass its gains.)
⚠️ These altcoins; Horizen, Neo, Stellar... are just RANDOM picks. Please do your own research before investing!
For Educational Purposes only. Please do not short Bitcoin while it's above its 200 Day Moving Average!
😢 More bearish than bullish sentiment based on price moves in relation to decreasing volume and decreasing Relative Strength Index.
💚 Bitcoin may have a chance to bounce off the 0.618 Fibonacci Retracement at $38,642
🚨 Bitcoin may break down and at the Sign of...
⛔️ Very short term bullish action in the middle of a pullback.
This could be re-accumulation by whales after they liquidated over-leveraged Long positions.
💚 If you wanted to buy a dip. Here's your Black Friday Sale.