Definitely Not Financial Advice - I'm just a perma bull making a Kevin O Leary meme chart because he owns it.
Not Financial Advice - From my last post on API3 I kind of expected us to have an alt season. Unfortunately that didnt happen but lets see where we go from here. Kek
Not Financial Advice. Just wanted to make a quick update to the last XLM post. I had added a trendline and during the Russia Invasion news it has broke the 0.236 fib retracement but bounced off of that important trendline. It might come back down to test the low 17 cents area again but it should hold up. If it goes under 17 cents area a good amount then Id say be...
Not Financial Advice All of the stuff going on the world seems to be perfect timing for members of congress who have made who knows how much money insider trading to get their big chance to exit these markets after they sabotaged everything on purpose. They got filthy rich made everyone mad and they are using that anger to enable them to sell the 100 year...
Not Financial Advice The DXY has hit the .702 Fib retracement and rejected. If it cannot go back up and break out of that resistance level then that will most likely be a major top. This is a key level that determines if any asset will go down hard or start to make new all time highs. I'm starting to see some .702 rejections on commodities like beef and coffee...
Not financial advice. XLM seems to have been following the mid 2017 bull cycle fractal but since the crypto market has grown and their are more willing buyers/sellers the longer it can take to play out. That's how markets are typically but as long as the price holds up and doesn't smash through support deviating from the fractal we could potentially see a big bull...
Not Financial Advice. API3 is an interesting oracle crypto that could be utilized in banking once things go digital. They are working with the open bank project source: api3.org . For the most part is has ranged the entire bull run and I think this could possibly be a good entry IF Bitcoin doesn't have more downside in the near future. If that...
Not financial advice. I have been keeping my eye on L1 Smart Contract/Defi Cryptos and most of them are astronomically high besides a few. ATOM and AVAX seemed to be moving together with ATOM leading and all of that momentum seemed to get transferred to AVAX which gets me thinking we could see it come back into ATOM soon especially with news and updates creeping...
Not financial advice. XRP has been making this wedge for the past 7 months a similar one to the prior breakout that caused it to rally 300%. It looks like its playing out pretty much exactly how it did last time. If we see a nice breakout their is a good chance to skyrocket.
Not Financial Advice. I believe ETN from here has the potential of an 8x minimum. Old All time high is $0.20 so if we did a full 4.236 Fibonacci extension we could see prices in the mid $0.80s. We have see plenty of cryptos involved with DeFi explode. They just updated the blockchain so its public which allows them to add Smart Contracts and eventually DeFi. In...
NFA: From my last post Polkadex went down 50% and is now up around 30%. Downside was expected but since this coin is relatively new it made it difficult to determine how low it would go. We are now retesting the 0.236 Fib retracement level and a prior support level in multiple instances. If this breaks down it could possibly come down all the way but it really...
Not financial advice. This is a make or break moment for Bitcoin. In 2017 We had seen a rejection off of the 2.618 Fib level measuring it normally and then we went on to reach out to a full fib extension measuring the top from the 0.236. We never got a 2.618 pull back so we were overextended which could explain the overextended bearish price action and fear. If we...
Not financial advice. If you could go back In time and buy Uniswap, Pancake Swap, Bake, and 1 inch at the bottom would you? I'm not saying this is the bottom but this is definitely a time where you should be accumulating. Fundamentally this project has massive potential. Polkadot blockchain DEX with no other major competition on the polkadot blockchain. You hold...
Not financial advice. Long term XRP has a tremendous amount of potential. Regardless of all of the hate XRP has real fundamental value and it's use case could propel this digital asset to astonishing levels. If it gets used and is the building block of the future financial system as a bridge asset the current price would not be able to accommodate the trillions of...
After Algorand launched in the bear market the price had tanked which is to be expected in bearish conditions. Now that we are in a bull market we are returning to the levels we have previously been at after launch so it formed a massive cup. The handle is finishing up with the current trend. If we continue in this direction and breakthrough we can see a massive...
First of all this is not financial advice. I see a great potential opportunity with the 100 year Dow Jones Chart. We are extremely close to approaching the top of the 100 year trend's resistance that has caused the crash of 1929 and the dot com bubble. Around 33750 seems to be the top. Let me know what you guys think of this. I got this idea from @kaboom12344 post...
Algorand is a sleeping giant. We have seen Polkadot, Cardano, and Eth explode but we haven't seen Algorand make a huge move? I think it's overdue for it especially when people start to realize its superior to the coins listed above in certain aspects and it has the potential to be used commercially. It could also be used for derivatives and completely...