Price right at resistance !
Volume vacuum above 2.12 !
Beautifol multi month inverse H&S formation.
UUUU is a secure buy with a stop right underneath resistance.
Unfortunately I do not heave any spare cash to invest.
However it will be nice to watch !!
Nasty Mr. Market wants to leave those without conviction behind !!!
W H A T A F A K E O U T ! ! !
Congratulation to all those who held strong !!
... personally I loaded up even more (+15%) when xlm recently broke down ... and I am happy I did !!!
According to previous cycles and Fibonacci extensions XRP could indeed shoot straight to that target !
Moreover that move would just represent the first move !!
Be prepared and do not take profits too soon !!
Bluzelle forming a multi month cup & handle !
The 5th of November RSI got very oversold and there is now a positive RSI divergence at the double bottom in price terms.
I am loading up on this one again since it has been one of the best performing DeFi projects in the recent short Altseason.
I think BLUZELLE will be one of the best performers in the next one !
0.0134444 looks like a very good entry point .... to me !!!
BSV may be ready to go again.
In the last Bitcoin run, BSV vastly over performed Bitcoin !
I sold my Bitcoin
sold 50% of my Ziliqa
sold 50% of my Vechain
sold 50% of my Polymath
In order to take a position in BSV ! I think I made this move just in time !
... time will tell...
This move has been largely anticipated ... but took a long time to materialize !!
It is finally happening !
.... and will be very powerful !!
We could have a backtest of the bullish ascending wedge (yellow) which would be a perfect buying opportunity !
This one is outperforming Bitcoin in a period of Bitcoin strength !!
We are still early in the move and there...
XLM looked like it broke out some months ago ....
It came back inside the multi month yellow channel and went as low as to touch the inferior line of the channel.
It tested it and shot right back up !
Since then XLM is performing very well.
.... and we are again approaching volume vacum.
I like XLM at this point !!
THETA has consistently outperformed Bitcoin from the March lows.
It has been a solid 9x from the panic low point until today.
However, something is telling me we haven't seen anything yet.
SOMETHING IS BREWING BEHIND THIS PROJECT.
Look at the long term chart of THETA relative to BTC.
It is forming a MONSTER inverted cup & handle formation with the neckline around...
In my previous post I stated that I am not yet bearish on Bitcoin - not even short term.
One of my favourite Altcoins - Bluzelle - confirms my feeling.
For me it's just normal backtesting previous break out points behaviour !!
Let's see how this continues !!
I am not yet worried about the crytpo market correction !
It seems to be quite brutal, but we are used to it !
Could that be correlated with a stock market correction ? Possible.
Could that be correlated to Gold "safe heaven" type assets ? Possible.
I see Bitcoin finding support on the (white) rising support line. There is nothing bearish I can see, yet !!
The action of FANTOM is extraordinaly bullish at the moment.
Where will it stop ? is anyones guess !
We could shot up to 562 satoshi in a few days....
My guess is that we will consolidate below 400 satoshi for a certain time before trending higher (but I could be wrong).
RSI is a little overheated on a weekly time frame.
That is why I lightened up on my position a...
One of the most profitable coins in the last weeks / months !!
UP 100% in the last 20 days !
We are aboard since 65 satoshi on June 12 !
Phantastic ride so far ...
... and we are approaching "THIN ZONE" on a volume by price basis.
Above 450 satoshi will will make ATH on a satoshi basis (relativ to Bitcoin) !!!
Massiv C&H formation forming.
I sold 25% of my...
There has been some big volume coming in lately ! Look at the white rectangular box ! Massive green volume candle !!
There is evidently BIG MONEY interested in this project - even if it seems to be a sleeper !
It has been difficult non to sell a portion of my 3rd biggest holding. I was tempted to allocate funds to some project that made 4 - 5 - 6 - 7 or even 10 x...
I got lucky when I got in at the end of may 2020 ... the DAY before the run up !!
I bought TFUEL at 30 sats before it exploded 10x
I sold on the way up and bought more XRP (my reserve currency - do not laugh at me for that - it's me).
Now that things have cooled off it may be time to get back into TFUEL.
I am buying since last week around 78 - 80 sats.