We often hear about the log growth curve (LGC) of $BTC but how about for $ETH?
Its becoming seemingly obvious that this drop hasn’t finished. Alts seem to be suggesting across the board another 40% drop is imminent.
For $ETH this would line up with the previous ATH $1483. I think $1500 is a good value buy. It doesn’t mean that we will get it, I will start...
I've been underwater on this coin for ages.
I bought at 375 and just held it, as was on poloniex, and I couldn't work out stop loss.
But basically, technically, it looks primed for a breakout pretty soon.
It has crazy explosions a few times a year and it looks like we are reaching the end of the consolidation period.
Now, I don't know if this is a sh*t coin or...
Trading and investing is always in the context of time.
Long term, I'm bullish on ICX, as per my previous ideas.
However, in the short term, I am waiting for key levels to invest again, hence the name of this update.
Key Levels which I am looking for are:
1.96 and 1.8, this is where the downtrend since 29th March high began, meets the uptrend since 26th...
ICX flipped the moving averages on 20th Feb, since it has been technically bullish.
I think there's a lot to be gained by simply looking at the symmetry of the BTC pair.
If BTC stays at about $50k, then ICX could hit up to $45. However, this would give it a market cap (fully diluted) across all 800m coins of $36bn.
- currently 77.5% of all coins are...
TA suggests this is about explode.
Market-wise - Medium caps run next, the fuly diluted Mcap of FTM is $2.7 billion.
FA - It's fundementals are strong.
A conservative estimate is shown at around a dollar.
Lots of bullish momentum with Ethereum rn.
The fundamentals make it rightfully a top two coin imo. I'm sure there is content that details these far more expertly than I could do here.
Technically, price action suggests it is a little exuberant in the short term. But overall, I'm targeting $3000 by mid-May.
Futures are pricing in $3300 by June.
This is third...
Long term trend, bounced
Pennant, broke to the north
RSI, broke trend
MACD, broke trend
Stochastic RSI, buy signal
Peaked head over ATH
= the perfect recipe for PRICE DISCOVERY
Happy trading guys.
I usually stick to TA with my crypto trades, but recently I've been really trying to sniff out some big winners in exchange tokens; given BNB, FTX, etc.
Coinbase shun a light on the fact that exchanges really are the shovels and buckets to the crypto gold rush.
Therefore, I began looking at DEX, rather than CEX, because I feel CEX has already pumped quite...
ICX is a really beautiful chart.
Nothing's guarenteed, but I don't see the 61 fib holding.
I have set up all my orders in the buy zone.
It's better to get good entries in no trade than bad entries in fomo a trade.
If the 61 does hold, then a buy on the re-test could be on the cards.
I would like to see another re-test of the $345 support, as you will observe, all lines in the structure have been tested 3 times with the exception of this support.
Usually third time is the charm, so if this holds, I expect price action to break the hypotenuse of the triangle.
If it doesn't hold, we buy the bottom resistance line, in which cases the targets...
I think this could potentially be one of the most beautiful bull pennants that I have ever seen.
Make sure you re-load on the re-test.
This identity-focussed coin has an MCAP of only $1 billion, so it's worth adding to your small/medium -cap holdings.
What's my price target?
I expect a high for LTC of $300 based on the previous price increase between 28-Jan and 20-Feb, which was 111%.
$300 would be a 77% increase from the final low of the pennant before we broke out and a 38% increase from current levels. I expect we'll get there by the 18-April.
(accordingly when I look at most charts rn, 13-April to...
Band forming a nice cup and handle pattern, beautiful rounding bottom, nice little handle.
Looks just like my cup of coffee.
Why is this significant?
Well, it occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. ... A continuation pattern occurs during an uptrend; the...
We had a beautiful pennant, that broke out on the first of April.
Since we've just been banging around in an ascending pennant.
We knocked on ATH twice. The third time is the charm.
Confluence with the weekly Stoch RSI is sweet.
Circled the price at which I think ETH will make an excellent buy-in to hold for Q2.
Couldn't be more bullish.
Cautious as always though!