Owcheew8

Owcheew8 Updated 

RUNE is a brand new asset, it is in a price discovery still. As usual in such conditions, much of the rise can be prescribed to leveraged longs. As new assets usually are extremely Illiquid, we can expect violent and deep crashes on such markets triggered by Bitcoin correction. RUNE-BTC chart supports this trade. Have fun.

Owcheew8 Updated 

Distribution is ongoing since the "Tesla pump" in February. R:R heavily favors the short position now. I expect that entire move since the Tesla pump will be undone and Bitcoin will retest low 30k ish. I do not think this will trigger bear market just yet, I see it more as a pause and consolidation.

Owcheew8 Updated 

This was a solid dip across the board, I did saw it coming but I was expecting it on Monday. Not on Sunday morning. Sellers seem to be exhausted already, and buyers are showing up. I think this will get bought and LTC will get it's pump and hit $400 this week. Surely, this is a good R:R trade. Awesome even.

Owcheew8 Updated 

So crazy that ETC will likely hit $30.

Owcheew8 Updated 

Chart looks prime for a bounce, and R:R of 5:1 certainly favors a long position here. If proposed range is contested and it stays over the 100 days MA, it will likely mark the beginning of a an uptrend which will continue for a couple of months.

Owcheew8 Updated 

Looks like this is a potential 10x bagger.

Owcheew8 Updated 

If Bitcoin stays around for the rest of the week, BCH can provide for a nice swing trade. Track bch-btc ratio to see how much strength there is in the move and where will resistance form.

Owcheew8 Updated 

Which marks the end of the pump, now period of distribution will follow which will likely cause ADA-BTC to correct some 30%. After that it is likely that it will continue to bleed out for months until it comes back to starting point between 800 and 1000 satoshi.

Owcheew8 Updated 

It seems that pump was on until some network upgrade which went live on 1st, lack of volume since can be felt. It means that whales are getting out and booking their profits. Trading bots have gotten quiet as well. ADA pump stared at 10c, so retrace can be extremely deep. I expect correction to $0.68 at least. It depends a lot on how far will Bitcoin correct,...

Owcheew8 Updated 

It should not go bellow the last established support.

Owcheew8 Updated 

It has based enough here, I believe a bounce is coming.

Owcheew8 Updated 

Crypto bull runs are not about riding BTC for 50% or ETH for 70%. Crypto bull runs are about finding undervalued shitcoins which can do over +1000%. Once money floods out of Bitcoin and other "big caps" a lot of small caps will absolutely fly. This is one of them, time the entry properly. Remember to book the profits. Have stop loss.

Owcheew8 Updated 

I reckon it will get back to 38-39k range where the Tesla pump begun. Big boys were selling into the Tesla news so all the entrants above will eventually get trapped. As market is over-leveraged, this **may** create some serious wicks down into low 30k.

Owcheew8 Updated 

Whales got caught by surprise? Whatever, just plug shorts until it catches up with the market. If BTC continues correction further, like -20% from here ADA could meet it's reality with 33c. Tp1: 0.68 Tp2: 0.33

Owcheew8

... some other people's profits that is.

Owcheew8 Updated 

Standard as in: expect MM to squeeze every single last dollar out of the retail traders. If general crypto market crashes XRP will be quick to return where it started.

Owcheew8

Music has stopped but some have continued dancing, question is how much margin do they have left and when will liquidations give boost to the correction.

Owcheew8 Updated 

ETC bulls demonstrated buying power, but they could not take it over the multi-year resistance between $11 and $13. Retrace will be healthy for the trend continuation and finally retesting old ATH.