Mondaventure

Mondaventure

As per the excellent MMCrypto, we have a symmetrical triangle. I think it will break to the upside for a short term rally. But the weekly EMA 21 slope is negative, and I think we could just keep going down :(

Mondaventure

Weekly log chart suggests our lowest low may be under 20k. I hope not :-o

Mondaventure

This has been a great parabola since late 2020. But fractal analysis with 2017 suggests a major drop to the lower Fibonacci levels in the near-to-medium term. There will be lots of long and short trade opportunities during this drop, I guess. But I think the real buying opportunity will come in the summer. Of course, the whole thing could just whipsaw up and...

Mondaventure

I think we're going to 31,000+ around Jan 5, likely followed pullback to around 27-28,000. If the selling continues past 25,000 then I think we're looking for support around 23k. I'm buying dips, as I think this bull may pause but not stop anytime soon.

Mondaventure

ETH has more upside than BTC right now. On fundamentals, ETH’s blockchain smart contracts capability hasn’t even begun to be tapped yet. Looking for big gains in 2021 and onwards. I am long and buying dips.

Mondaventure

You gotta be long this market, but I think we’re getting close to correcting again as we get into the 370-380 range. When will see the *big* drop??

Mondaventure

Again I get reminded to never trade penny stocks on a hot tip. These can lose you lots of cash, especially if you’re not disciplined with a stop loss. Descending channel. Selling 25% down.