oxt private sale token almost fully diluted, but the price still keeps climbing, which is quite a bullish sign. its one of the tokens on coinbase that has yet to see melt face pump. i think at least 50-100% gains in soon
chainlink btc pair has been suffered a lot since the beginning of the bitcoin bull market, it continues the downtrend in btc pair. however, some on chain analysis find out that the amount of chainlink token has been noticeably declined in the exchange reserve, which might be an indication of accumulation from big players. lets see if this bottom pattern play out.
expect a daily correction from here (lots of alts have already done 5-10x, so some profit taking from this level while btc is still in the accumulation zone), then resume the bull run. Im not going to short here, i would rather add my spot position and low leverage longs if we get a daily pull back
matic is painting some strange price action , expect some news coming out once btc settle down, some alts will start rally, including matic...
the price of matic is maintaining in a small range, while most ieo coins are being dumped like crazy. buy the range low, set soft stop loss below range low
loom showing bullish reversal sign on weekly, weekly bullish div, coupled with bullish volume spike at the bottom. the bottoming process can still take up to 1-2 month, before major rally happens, the target is outline on the chart
we are forming a big cup and handle on 2W chart, sideway choppy for 1-2 more months before the biggest rally awaiting ahead of us. key level is 8-8.2k, 8.6k. for now. even if we dip below 8k, dont panic sell. (absolute low could be 6.4-6.8k, but not likely)
a few things to keep in mind:
1. once bitmex funding fee goes neutral or negative, be cautious with your...