Steppe57

Steppe57 Updated 

Bitcoin has shown nothing but weakness past days/weeks. What is worrying me the most is the fact, that whenever Bitcoin reaches ATH levels it gets pushed done immediately. Usually we see strong fomo buying when an ATH is cracked, maybe not the same day, but shortly after. This time Bitcoin seems to struggle hard to pierce through 70k, there is no volume...

Steppe57 Updated 

Cardano has been trading in a triangle for the last weeks. Considering the directional trend and previous dump, one could assume this triangle might break to the downside this week, maybe today. There is not much room left. Projected target could be somewhere around 1.7$, but I would definitely not short this, since this could all turn into a nasty beartrap...

Steppe57 Updated 

So, it seems like the SHS is in play now, but we haven't seen a retest yet. Whole market is just so weak. Think we have a neckline around 60k, but as I said, Bitcoin couldn't even retest it yet. Sometimes SHS reach their targets in one candle without any retest, but since Bitcoin is holding its ground above 58k I assume we might touch 60k this day. However, if...

Steppe57 Updated 

One trendline is enough. Support/Resistance as shown in the chart. Retest of .23 is allowed, .21 would be key. .26 needs to break for further upside. First target 45 cents. I see no reason for Doge to fail here. Play safe.

Steppe57 Updated 

Comparing to the BTC pair Compound seems to be a sleeping monster. Everytime COMPBTC was at these lows it made massive gains on the USD-pair in the upcoming rally. OI is constantly rising as we bottom out, which is a good sign. First confirmation would be a touch or break of 380$, target could be 700$ or higher depending on Bitcoins strength. i.imgur.com Stay safe.

Steppe57

In 2017 Ethereum pumped 250% from november to january, compared to this year, the resemblance of the chart is uncanny. I see no reason why Ethereum should fail here. Anyway, think 4200$ must hold coming days, but I don't see it going that low anymore, but who knows, we've had some nasty shakeout wicks before big moves in the past, so stay safe.

Steppe57 Updated 

Keep it simple and stupid. I rarely look for patterns as they tend to fail more often than they play out. I look for rock solid support and resistance zones, such as weekly or monthly ranges, whereas the higher the timeframe, the more reliable the support becomes (and vice versa). SXP just touched the monthly level and looks ready for a nice swing trade with...

Steppe57 Updated 

FTT is pretty noisy on the lower timeframes, impossible to daytrade. Better stick with spot trading for this one. Weekly levels as shown in the chart. 48$ is key, 50$ seems to be a decent long term entry. I see FTT at 400$ in the future. Trade safe.

Steppe57 Updated 

Punted a long at 7$, added on this retest. Looking for a decent break of 9$, if that happens I let this run to 14$ and take some profits. I see Serum at 20$ by end of year. Stay safe.

Steppe57 Updated 

Setup as shown in the chart. Very tight risk, big return. X would be my invalidation. Stay safe.

Steppe57 Updated 

First Bitcoin, then Ethereum and then Litecoin. It has always been like this. I never understood the hate towards Litecoin. Stable coin, cheap fast transactions, 100% uptime, growing community, mass adoption through El Salvador. Technically wise it broke through and retested 3D 100MA, which has always been a bullish sign and never failed in the last years. Long...

Steppe57

Image says it all. Going through Tradingview these are the most mentioned levels. But we all know Bitcoin, right? Long from 60k, tight stop below. Full send.

Steppe57 Updated 

Either we go up from here or one last shakeout to 12$ Have bids ready, adjust your risk management. Trade safe.

Steppe57

Not bragging, but on May 27th I made this prediction: i.imgur.com The levels might be a bit off, but you get the idea. I predicted this impulse wave for october and we are heading straight to ATH this or next month. Trade safe.

Steppe57

Could be a wedge pattern. Wouldn't touch before it hits 50$ Trade safe.

Steppe57 Updated 

Think we will see some distribution around this level for now. I see two scenarios: 1. Double botttom/lower high, take out top of the range and attack 6$ 2. Failed double bottom setup, drop to ~2$ Of course, depending on Bitcoins next moves. Be patient and stay safe. BINANCE:RUNEUSD

Steppe57

COINBASE:ALGOUSD If Bitcoin continues to drop (which is likely), I think the safest way to trade Algorand is to wait for the 50 cent level. It might not drop that low, but if it does, there is a high chance to see a proper bounce off this level. Be patient and stay safe.

Steppe57

Let the games begin.