PIVX/BTC 2016 coin that has not had a large pump as most alt coins on Binance have done. These too me present low risk / high reward as it is not inflated 10,100,1000x and still pretty close to the bottom. Actually its pretty close to its exchange listing price from 2016
Bitcoin had a little pump with the news that Elon Musk shared.
Tesla is now accepting BTC as payment for their Tesla products. Also they will not be converting any BTC into fiat, Elon defiantly took action and showed he is not all talk. These large companies try not to make irrational decisions, at these price levels he is willing to take your BTC and hold it,...
Everybody expecting BTC to test its prior high at $42K, potentially even breach $40k into the high 38-39k.
Everything is pointing down that is why I think we may be forming support here, not ruling out another leg down which is just as likely.
I am currently long and will add to my long if we see another leg down.
Blood everywhere, this is what we needed for ETH, not only is it retesting ATH but its facing huge gas issues, people flooding to BSC and the narrative is ETH is going to die, or this or that. Still very bullish on ETH and would be bad idea to turn bearish as its testing this zone.
I am long ETH! Still believe to see a huge wave with DeFi
XMR dumped hard and its sitting on a huge weekly support. At the minimum I am expecting a retracement from the large move down. Refer to the monthly chart below. Also consider we are in a bull market so rallies can be irrational and further exceed our take profits, the exits posted below could be smashed through or honestly not met. Remember to use stop...
Mission accomplished DOGIES! I have been sharing this chart for years, believe it or not DOGE is a SOV , it has been around since 2014. Regardless of the dev team leaving, no improvements, DOGE exploded yesterday. Wall street bets got shut down from robinhood and started buying DOGE.
DOGE is very cyclical as you can see. DO NOT GET CAUGHT BUYING THE TOP. RSI IS...
We all want more bitcoins right? Don't forget about the long term goal! Don't forget about our mission. LEVEL = EASY.... this is probably one of the safest trades you can place if you are a bitcoin maxi and you want to have some hedge/exposure in alts. ETH has been in my hodl portfolio ever since I started trading. If you were around in 2017 you saw how well ETH...
Dont miss the pump, most Binance coins have pumped or are starting to move. Scanning coins that are still in a downtrend that potentially can give us some gains! DGB is super popular and CT raves about DGB and how great it is, nonetheless its dumping and I would not want to be holding this.
Looking for some bullish signs before I jump in a position
1) Find some...
DEFI coins going bananas, I love my bitcoin but I love making more BTC with alts.
RSR fourth time testing this heavy resistance, if we can break above 130 sats and hold, this bad boy is going to 175+ sats. Hold on tight :)
Will be sharing daily so make sure to follow and comment, also word on the street is this may pump like 2017 XRP, FOMO is real on...
ETH looks like its playing out a classic head and shoulders , my target would be close to the local top we put just under ATH .
ETH pullback was clear as when BTC approached its all time high we also pulled back and consolidated for a while. We are in a raging bull market but dont forget, nothing just keeps going up. Low leverage and you should be able to sleep...
Scanning Binance coins that have not pumped, as they seem to be taking turns. HIVE I am familiar with as they forked from STEEM and I got a free bag, nonetheless another shit coin.
On the daily, we are seeing a bullish candlestick variation which may hold as support, anything below that this move is invalidated. RSI is building up and getting a cross on the LTF...
Look at the larger picture! This is normal for Bitcoin and actually good! If you look at previous price action, after breaking 2013's high price in 2017, we pushed 150%+ and had a rapid pull back of 38%. Currently after breaking 2017's top we made a similar move pushing 110%+ and we are currently sitting at a 30% retrace. This is a BUY THE DIP moment.
Pretty simple break I was eyeing, the 2019 June top, after we broke that LTC is headed to its ATH, its an easy 100%+ move.
ETH breaking its 2019 high:
BTC breaking its 2019 high:
We are in a raging bull market, this may not be the most profitable trade (100%) but its a no brainer.
24-25 sats previously was a great area buying area for SC, with BTC bulling and SC not doing anything not surprising at all that it broke down this zone to the next major area of support.
SCBTC has never fell below 15 sats, looking at order books, we have a lot of stacked buys from 16-10 sats , would be surprised if we...
You guys had your fun, I see a pull back on the total alt market. We are facing heavy resistance here, we are still in a downward channel which Bitcoin has broken out of. We are still creating lower highs and many alts have done some nice moves, a lot of people are pouring their money into them instead of ALTS. Be careful and always use a stop loss.
Bitcoin has broken basic market structure and is now creating higher highs and higher lows.
Are we full bull? Maybe so, but its clear we are trending higher and the bulls are not backing down.
#btc #bitcoin #trader #crypto #cryptocurrency
Have been waiting almost 2.5 years for us to enter into a bull market, lets see what the bulls have in store.