After 3 weeks -- we have ourselves a solid trend on the 4H res.
Now this is Bitcoin, obviously. Y'all know I am a die-hard $XMR Monero privacy focused individual that keeps his portfolio geared almost exclusively to that realm of cryptocurrency.
Nevertheless, with that being said, when the market is this uncertain and dare-I-say, f'ing abysmal-- Bitcoin $BTC...
This could be our ticket back to long Bitcoin positions.
(Meaning that this could be our ticket back to holding virtually any cryptocurrency and having it again be lucrative in a long position).
BTC has once again proven the time-tested adage that when Big B wants to move, the rest of the market like-it or not, is going to be moving with it. --This goes for...
Happy Friday, traders!
A short video with my thoughts (and utter glee) for Bitcoin falling, while Monero rises!
Also some thoughts on some of the other PoS blockchains that are going to be having a big 2022...
(NEAR, EOS... and more!)
⚠️ This is just a public service announcement, really. ⚠️
We are now seeing a test of BTC's historic positive trend.
We could either see a huge drop or a HUGE comeback, imminently,
God help us all and Godspeed, everyone.
As you can see from my hourly Monero TA (if you can excuse all the insanity, this is my most looked at and edited chart), we are at the very low end of the RSI spectrum, coupled with a very steep drop from our cataclysmic rise several days ago. This is a PERFECT long position to be in for anyone like myself who just did a beautiful short/long flip in my...
This is a neutral TA overviewing JASMY, and the two major trends of resistance that we are going to be hitting on our way back up and out.
MOST IMPORTANTLY: keep a very sharp eye out as soon as JASMY climbs over the last resistance trend line that I've labeled in *green*
As soon as we see a climb over the threshold, I believe all bets are going to be off--...
This is an off the cuff video that has me discussing a very important trading mantra that I came up with years ago. I still repeat this phrase to myself a few times on a daily basis, while trading.
I feel as though the compartmentalization of your "real" life and your trading life need to be put in place. Otherwise, not only will you make consistent mistakes...
Just be prepared. Not a lot of TA here or anything but if and when we break past this trend line, we could see some SERIOUS volatility, and an all around bullish weekend.
(a true rarity outside of the god-forsaken NFT space 🤣)
Massive head and shoulders building for JASMY right now.
Looks like she's had her fun and she's going to be goin' on the down-low for a while...
She is Carmen San Diego, after all. 💃 JASSSSMY (she spicyyy)
Look out below....
Accountability? Agh. I know that I should remain neutral on this one for ALGO, just to keep a decent batting average 'round these parts ⚾️ for ol' Algorand.
Nevertheless, i am STILL bullish on ALGO.
This coin is going to have a gigantic breakout in the next several days/week. It's unfortunate that Algorand is still dictated in large part by big b (BTC)...
I'm still feeling bullish on Algorand.
Have always felt that it is a vastly underrated coin. The ALGO blockchain is one of, if not the most resilient, secure blockchain in the crypto-verse.
It has never been breached, and it the transaction times are faster and cheaper than any other currency I've come across with the exception of maybe some very obscure...
This is just a thank you to everyone who has been following me the last couple months through this Monero breakout... 🍾
We could definitely see a drop to retest 275 or even lower, however the overall positive trend since the end of Feb is bullish all around.
Definitely a bit of a celebration for me with how much passion I have for Monero, privacy tokens, and...
Monero still showing bullish signs. I wouldn't expect another all-out pump, albeit we can never be sure.
However, what I'm personally expecting as of now, is for Monero to bounce around inside this rainbow of parallel channels that I created way back during the big dip on the 2/24/22.
As long as Monero continues within this rainbow (which it has been doing now...
We may see some resistance at the weekly neutral pivot... however there's a lot of activity buzzing in the background, and orders are coming in like Dirk Diggler a third of the way through the film "Boogie Nights".