Hi guys, lovely Sunday here but a walk under the sun can wait until we have a coffee and do some charts. Cryptos are correcting so let's take a look together at what's happening today and what we can expect from here. ps. correlation to indices will be on all next week. Let's see how US indices futures open tonight and how that affects the crypto market as...
AAVE is at Major support.This would probably be the time to buy this coin which our researched shows that is a very promising one. Check our previous ideas below for more details.
I have expressed my admiration for the Cardano project in a few occasions, especially as my 'Valentine's day coin' .. an affection based on fundamentals and technicals. Cardano has proven to be the best option and yes I do expect it to rise further... to at least 3$ a piece Some call it ETHEREUM KILLER . I just like to call it ADAMANTIUM COIN , where it's...
Attempting a short on EURUSD after mostly positive US data (Unemployment claims was very good today, GDP is ok, things not looking all that bad)
Back to the ETHEREUM vs BITCOIN Chart. It was a great post last week which allowed us the following: a. Be on alert for a significant correction on Ethereum b. Be able to hedge (I f you haven't, watch this now ) c. be able to protect first and then grow our capital Hedging is the way forward; combine it with a good chart, keep it simple and Trade...
Bitcoin looks way healthier than Ethereum and seems to be finding support at 48,000. In case it is broken, the 43,000 level is an unchecked and yet very strong support level. Given the interest of many new whales to acquire Bitcoins the price could fundamentally and technically be proposed for new Long positions.
Our updated Ethereum chart shows inability to rise and get back in the channel. There is support at 1432 that will most likely be checked.
Hi everyone, indeed it's a big day for the dollar given that we have major financial data bein released in 3 hours: Prelim GDP q/q 4.2% 4.0% Core Durable Goods Orders m/m 0.6% 1.1% Durable Goods Orders m/m 0.9% 0.5% Prelim GDP Price Index q/q 2.0% 2.0% Unemployment Claims 828K 861K Pending Home Sales m/m If data is not good we could see the dollar...
Our updated chart shows Ethereum off the major support of 1420, finding the strength to rise and attempting to break back into the channel. Possibilities? 60% drop- 40% rise, too hard to call at this moment but things will be clearer in a few hours.
Correction is on and the secret to success is to always BUY THE STRONGEST and SELL THE WEAKEST. In my understanding and my chart, ETHEREUM and BCH are the weakest links thus i keep shorting these too. If you disagree no need to post your dark thoughts on my idea- this is just my humble opinion and I am not a financial advisor nor an expert nor anything else,...
Today's correction for me, personally, is an opportunity to Buy some coins/tokens that I had been waiting for an opportunity to go in. Better late than never. Aave is an Open Source Protocol to create Non-Custodial Liquidity Markets to earn interest on deposits and borrow assets with a variable or stable interest rate. It is not just that Mark Cuban likes it,...
This is a great project that I had been waiting for weeks to find an opportunity to buy some. Cryptos are dropping and as you can see from my previous ideas I am short on Ethereum and Bitcoin, BCH and others at this moment which has been creating a 'new budget' to buy into more coins I like. ENJIN has been 'approved' and being used by Microsoft , Labs group , ...
The more research I do the more I like this project. I have expressed my 'love' for Cardano recently and I believe it's a coin made from adamantium Aka Ethereum killer To me it's the safest option to keep outperforming the major players in the blockchain race
Our updated chart with very simple but major support and resistance levels. Price will soon pick a direction, either support and higher or very simply lower to previous support. Hope it helps
Just a scary chart with possible support levels.. just in case of a new dip incoming. To be honest this chart seems ' possibly extremely bearish' to me. I would be careful trading tis one now.
Volatility is ON and a possible drop to the 43,000$ mark (which technically should be checked for the price to have a healthy rise higher) is a possibility. No matter how important Bitcoin is and how great it's future will be, volatility has been part of it's journey and at this very stage I am (my personal opinion/no advise) not convinced that the 'dip' today...
Correction could be complete at this level
Ethereum has hit our take profit level and seems to be finding support. It might rise now