another push to 11s and then we correct back to 4 digits. if this is truly the bullish global asset then this will be the greatest bear trap ever, however i will play it as it is and be bearish until proven otherwise. a push to 11s first and then we drop, bulls cant lose mid 8s.
a 12h bitcoin close here will teleport us back to $11k, clearing the big yellow will resume the recent bull momentum, either way be careful with your alts exposure ✌️ 3day resistance block and 1:1 fib extension has me tragetting mid 11s
gvt seriously needs a miracle here. monthly needs to stay above the POC so need buyers to step in asap, failure to do so will need to reclaim another time. the recent pump and dump was straight into the monthly level when gvt first listed on binance after the ico. for party time with gvt a monthly close above 1800 (HVN & monthly level) is key for gvtbtc,...
ready to moon, fractal confirmed, both diagonal trendline phases have cleared. hvn ready to be claimed. targetting diag / ichi cloud for rejection
descending triangle breakdown that will lead to a 5% drop, should find support on the diag trendline and previous ATH top. healthy drop on route to 2300$ with next wave of covid scamatics
"IRS has a bounty on anyone who can "break" Monero's privacy. The fact that they have to pay for this just means Monero's code is brilliant. Further makes me bullish on privacy coins if the IRS doesn't like them" - not my quote break that diag in the next 2 months and keep above that HVN and POC then monero will see some gains
... hold here to regain the monthly trend line, this can be classed as deviation and optimum entry for continuation up and beyond. failing here with global factors like covid could serve a crushing blow to the dollar, will the fed allow it -- naaaa
as this is a bearish bat this does mean it will fall over eventually, so another chance for whales to offload at higher rates. expect a nice wick into that monthly close area ;-)
supply down, demand up. yes electric vehicles bla bla bla, tell that to the 100s of 1000s of ... of motorised products that need oil
cause if you had to thats where you'd look right?
same as last post i did on $yfi - price exploration on little volume and macd/rsi divergences... $100k meme strong!
i didnt have much luck with this method on the invert last time but its certainly food for thought here... anyhow if your questioning what to do, wait for convergence and short the breakout
ok, so firstly and most importantly i only use the conversion/baseline tool to identify a potential trade or confirm the direction of one im already in (or need to get out of). running out and simply switching long and short on the beep can have mixed results although when trending can yield more positives. beside that my tutorial is for having the base/conv...
self explanatory on the chart. - we have fallen below the mid term trend - price can still make push up and ultimately will look for a short off it - gap below, markert makers will want to direct your shorts here for leverage to up - liquidity up above the last high at $12500 to scare shorters out of position - wait for diagnoal convergence if you want a safe...
it would be super bullish to see the rsi bottom out and price hold on the long term diagonal with a nice big azz divergence!
youve seen this enough times on my profile to know how this works. rsi would ideally close past orange trendline and then retest it before the shot upwards. weekend volume making this sluggisg, meh
if your new to crypto and bought this at $11, your probably thinking its going to 0 and now is the best time to sell at a 90% loss...