ALTS ARE LOOKING GOOD TODAY! BTC looking like its pulling back to turn previous ATH into support! This is a perfect opportunity for alts to catch up and do their thing here! DOT - IS LOOKING READY TO BREAK OUT AND POSSIBLY BREAK ATH VERY SOON! BBWP FLASHED A BUY SIGNAL! MACD looking EXACTLY how we want to see it before a pump! This is a low risk situation IMO!...
Just an update showing both UPSIDE and DOWNSIDE potential for you guys! Overall IM STILL BULLISH on BTC but from a traders perspective I'd CAUTION that we could pullback here and consolidate for a bit up until around NOVEMBER! The RSI on the DAILY is OVERBOUGHT. It would give the media an opportunity to REALLY hype up BTC and It would also give ALTS the...
POLKADOT is looking to be one of the few alts looking good here ALTHOUGH I DO THINK WE WILL SEE ETH, ADA, and some others picking up soon. (maybe BNB, XRP, SOL... we'll get to that!) Personally I'd be looking to get in on this one after a pullback and anything above 34.00 I CONSIDER BULLISH If we get some upwards consolidation as I predict we will, we can watch...
ADA has once again formed A SOLID SUPPORT BASE PATTERN and these are the patterns you want to see before a breakout! I would say this is an EXCELLENT BUY/LONG opportunity with very low risk! LETS TALK FUNDAMENTALS- I know Cardano gets a LOT of shade in the media and gets "thrown under the bus a lot" and the MAIN REASON FOR THIS is because HOW LONG ADA HAS BEEN...
So as I've been analyzing charts all morning, I'm starting to see a recurrent possibility coming soon for A LOT of coins! If you feel your trading skills are good enough, YOU COULD TRADE THIS . It's more risky than HODLING so don't try and do too much! So basically, I EXPECT ADA TO HEAD UP NEAR THE $2.45- $2.55 area BUT THEN I DO EXPECT A REJECTION and I FEEL...
The reason I'm posting this is because I DONT LIKE TO SEE NEW TRADERS GET WRECKED! It happens a lot with coins that are hyped up without supporting fundamentals! To any/all new traders listen, I've done it before! I've learned! I don't recommend meme coins or cryptocurrencies that have no real use cases in the world as AN INVESTMENT! IN FACT, I HIGHLY ADVISE...
Just a short statement here guys. The DXY has HISTORICALLY for the most part been correlated with BTC price movements especially when it drops, BTC usually goes up. When the DXY goes up , USUALLY (although recently BTC has been going up with it) BTC goes DOWN! Just more supporting evidence for a BTC BREAKOUT THIS WEEK!
Ok guys just a quick update for ADA and we're still stuck in a squeeze! Still a good time for buying I think. 4hr hammer candle could help get us out of it but either way guys I'm not worried because ADA has developed a very strong base below it its just a matter of time. Two times this year ADA has PUMPED NEW ALL TIME HIGHS while the whole market was RED!!!...
Just a simple elementary update here guys from yesterday. Everything still playing out in a bullish way. A Little bearish divergence on the RSI shows we could see a pullback to retest the neckline before upside continuation... What would change this is if the neckline support breaks HOWEVER I ONLY THINK IT WILL JUST DELAY THE INEVITABLE. Targets remain at...
I just put some parallel channels down because I think its about that time! There's no indicators here so this idea should be looked at as speculation as many news events could change the path. Right now however, the market is EXTREMLY BULLISH and lined up for 100K by end of year!
I'll attach my previous BTC idea here as well because they go together, this one is just a little more zoomed in! I Personally don't expect a new ATH TODAY however we could see an attempt followed by a rejection! This idea would line up with weekend sideways action so no CME gaps are created on the futures charts! THIS PATTERN IS COMMON for BTC right before it...
PERSONALLY, I have always ADVISED AGAINST buying MEME coins because they usually turn out to be PUMP-N-DUMPS! The reason is because ALL OTHER CRYPTOCURRENCIES HAVE AMAZING USE CASES IN THE REAL WORLD, WHILE MEME COINS REMAIN JUST MEMECOINS, and nothing more! If you're trying to TRADE them and "ride the wave" like a surfer, I SURE HOPE YOU'RE READY TO SELL when...
Its a good day for BTC guys and IF BTC CONTINUES BLASTING OFF TODAY we could see a similar situation with alts as we did recently with them being in the red or just slowly creeping upwards! This is NORMAL when BTC REALLY PUMPS because traders are moving their money from altcoins, into BTC! THE ALTS WILL CATCH UP THOUGH when BTC IS DONE (most likely) The BTC...
ADA looks to be a bit further along in its pattern formation compared to BTC and ETH. I'm looking for a breakout soon assuming BTC holds course. I think it will! Since ADA just released smart contracts on its platform it will be interesting to see how this reflects on the charts! What do you guys think?
All right guys BTC broke out of the downward channel it was stuck in and EARLY INDICATORS are showing that the "shake out" may be over! (The "shake out" is what the market manipulators/composite man do to try and get people to panic sell their crypto! I talk about it A LOT on the charts I publish and on my Twitter because I do think it is a very big factor to...
Hey guys. How's everybody been? I been a little busy lately but I'm getting back at it because I'm RELENTLESS like BTC! Chart here is pretty self explanatory here. We have the RSI showing some bearish divergence suggesting a small pullback to 54k, 50k, or even 48K is possible before the MEGA BLAST I DO THINK THIS WILL BE A RATHER QUICK WICK BOUNCE TYPE SCENERIO,...
Hey guys. I've spotted some nice indicators on the BTC charts and they do appear to be lined up well so I feel more confident in more upside continuation. MACD suggests a small pullback , HOWEVER , RSI is showing some bullish divergence... THEY CAN BOTH HAPPEN and I think they will. So as you can see on the chart, this has a good chance of creating a nice...
Just want to give a quick update for my followers! I've been busy around the house lately guys and to be honest, BTC's indecisiveness has been rather BORIING but it has provided a much needed break from the BTC Charts. I do however want to point out a couple things on the macro charts. BTC will be closing a monthly candle here in just over 18 hours. With the...