ChristiaanvanderMerwe

ChristiaanvanderMerwe

Looks like we are in a decent spot to scale in for the next mark-up phase. ETH has retraced a bit further/deeper than originally anticipated, however that just makes the entry all the better.

ChristiaanvanderMerwe

We are in the middle of the ranger here. A weekly close above $2,150 and I will be optimistic for Bulls. However, a weekly close below $1,950 and I think the Bears will be dining some beef.

ChristiaanvanderMerwe

Not sure what to do with this information. I am cautious up here as many of my ALTS are already up over 400% and I have taken profit, just can't unsee what is cooking.

ChristiaanvanderMerwe

Let him cook. Can't help but notice the similarities in previous mark-up cycles. Everything looks primed for major expansion to the upside.

ChristiaanvanderMerwe

There is the option we get one more leg down, but I wouldn't count on it. We are just touching the 50 Day MA and local support, with RSI having nicely reset and looking to move up again. Momentum is still Bullish.

ChristiaanvanderMerwe

Looking at the typical behaviour in previous Bull market cycles, this pathway looks to be the most likely scenario over the next few months. Of course anything can happen, and with new price action, other options/alternatives will be in play.

ChristiaanvanderMerwe

Ideally, I would love to see something like this play out for $XRP. I know it loves to climb without much cooling off, but it does need some healthy retracement to keep the expansion more sustainable.

ChristiaanvanderMerwe

Will be keeping an eye out at those levels. Will most definitely will be taking profit and re-assessing the market when/if we hit those targets.

ChristiaanvanderMerwe

Would not surprise me in the least if LINK pulled some movements similar to this.

ChristiaanvanderMerwe

Feeling rather Bullish with current Price Action. So long as we can spend a reasonable amount of time above the mid-line of the upward momentum channel, we should be good for another extended mark up phase/cycle.

ChristiaanvanderMerwe

Dropped a lot further than ever expected. This just presents a massive buying opportunity.

ChristiaanvanderMerwe

If LINK can hold this area for support, the upside potential is just too attractive to pass up on. Very much oversold at this point.

ChristiaanvanderMerwe

LINK/BTC looking a lot like accumulation over here. The market is very uncertain at the moment, with BTC being very much in no-mans land. It could go either way. But the technicals along on LINK/BTC indicate we may be testing areas where demand is too much for supply.

ChristiaanvanderMerwe

Just enough to flush the dreamers out, and then run it up in Classic Bitcoin style.

ChristiaanvanderMerwe

Bit of shenanigans going on, but tbh this is a generous buying opportunity for anyone who missed out on entries last time we were at these levels.

ChristiaanvanderMerwe

Will most certainly be keeping an eye out on this one. $21 is also a major FIB level, so will naturally be booking profits when/if the time comes.

ChristiaanvanderMerwe

Fairly low risk buying down here at the bottom of the long term range. Even a move to the mean would be a 400% play, so the Risk:Reward is screaming BUY.

ChristiaanvanderMerwe

Wouldn't be surprised by an extended accumulation & markup phase for Hedera (HBAR) over the next couple of years.