calmrat

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Hello from quarantine! Let's have a look at where we might expect Cardano (ADA) to move this weekend. With DXY pulling back wonderfully well during the week, we’ve seen Crypto and other more speculative asset prices hike back up into a well deserved rally. We ended the week in an indecisive spot on the charts, with weaker overhead short-term resistance at 95.6...

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Since Jan 22nd, ADA has ranged from .92 to 1.17 a nearly $0.25 range or +-25% of the recent price levels. Volume Point of control, the area where the majority of trades have taken place in that time is 1.05, exactly at the levels my average buy price is for my LONG trade set-up; I have .98 stoploss and aiming to take profits between 1.10 and 1.175. My these is...

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When we're trading sideways, it's boring, it's frustrating... but at least the trading is stable and predictable! Market makers -- those who exchanges pay to ensure liquidity in the markets -- are doing their jobs as they always do. Getting retail traders to commit their liquidity, then reverse price and snag it back. The question I'm asking myself is, which way...

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Ethereum ETH token is hovering right at Fair Value - the median point between when its price value is half the time above (bull bubble) and half below (bear bubble). If we fall under 2325 and close a weekly candle or two below, HODL on to your hats, cause the bear market has officially begun! Watch DXY for hints where we'll be trading, as the price movements of...

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There's so much excitement is in the air, it's palpable! Oh wait, that's the sweat and tears steaming from our red faces! Nearly 50% down from the ATH of 69k, to many, the situation can feel hopeless. 30-40% or more BTC holders now completely underwater. Nothing but pain since the peak! The reality of the situation isn't so bad though, if we take a step back and...

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Usually descending wedges break up, but the probability is there to break down. And we broke down, tremendously. We broke down from the smaller downward wedge, to the downside locked between Gann (FIB) 1/3 and 1/4 levels. It looks like the 1/4 and 1/2 levels are the actual wedge in play. This is usually the stronger level, but we HODLer's need to good news. ​As of...

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Ethereum is closely approaching the dreaded deathcross event, where the 50 day sma crosses under the 200 day sma. When this popular indicator lights up, we now the bears have been pushing price down hard in the previous weeks. The fact is though, if you're trading for more than a few weeks, you already know this! :_0 It's been a painful year so far for HODL'er's...

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LINKUSD is currently trading around $22.70, up 5.5%, above average when compared to BTC and most of the altcoin market. We have now completed what appears to be a nicely formed W pattern on the 1h/2h/4h charts. Forming since yesterday, it confirmed earlier today as the European markets opened several hours ago after retesting the $22, which aligns perfectly with...

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This deathcross thing, you know. I could write a hundred updates. LINKUSD had a deathcross recently. It's had quite a run since it broke. Unfortunately for many, that day the crossing meant large scale sell-off. 11% of USD marketcap was traded away in a single daily candle. Talk about volatility!

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It's true. On the daily, we've had the deathcross. Does it really matter though? I'm curious what other's think. It certainly indicates that short-term, the past 50 days, the price action has been bearish. 50 days from now is March 7th. Maybe there's going to be a rush back to grab some liquidity lost during the COVID crash in March 2020.

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Log regression indicates BTC's fairvalue is about 39k. Anything below that would therefore be undervalued. Above, overvalued. We're close to fairvalue, awaiting the next significant move back to the upside or down.

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Without having a crystal ball to read the future, it's a fraught task. Why try? Money, that's why. OMG! Right? Bollinger's are showing's our current levels are edging on the upper boundaries. The hand squeezes a little tighter. I like what I see though, as it seems often, a squeeze for OMG means we've only just begun our latest trek to the upside. August through...

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Like LINKUSD, SOLUSD, ENJUSD, all trading within their bull market support bands, CELR is a first mover towards the upside too. Continuing to put along in this accumulation zone between .06 and .09, it seems the whales have been fed and are ready to go home for a nap. With strong support at .092. Which aligns with the bottom of the bull market support bands --...

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Unlike BTC, ETH, ADA, LINK, DOGE... all coins continuing the struggle to renter bull market territory, CRO is hovering well above bull market support bands -- 20w sma & 21w ema -- nuzzled in just under $0.50. If BTC bitcoin continues to _not crash_, I can imagine us moving towards the pools of liquidity visible in the VPRV around $0.52 and $0.69. On the downside,...

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I'm a fan and investor in Cardano, for multiple years now. It makes me happy to see we have managed to stay above a dollar. Even well past market support levels. Going as low as $1.07, we're now trading at $1.40, a mere 4% from the lower market support levels. My suspicion is if BTC continues to not crash (hard to ask, but I can dream...) ADA price will...

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Mucking our way through the $24-26 range, we're doing well to get back above the market bands. Cushioned by low 18.75 support line. We have $22 general market support. Bull market bands -- 20w sma and 21w ema -- are at $25 and $26.75, with a high support at 29.50. Clearly we are trading sideways. With an...

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ETH Ethereum's crypto coin is tradings right at the FIB golden pocket. Trying to push on through to the other side. If it clears 3450 and can hold as support, perfect. We'll continue to rise from there in my best estimation. Next resistance 3800 and then 4300. Continue to expect large swings. Volatility will be impressive. Don't get caught on the wrong side...

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The chart worth a 50k words. Bitcoin is going to break, almost certainly. Up or down. Fakeout? Who knows. Be ready. The move seems likely to be 44k -> 51k, with 42k-40k acting as support. We already retested. Or if we fail 42k and 40k now, especially if we fail 37500, I'd expect a 32k retest. Let's see. Who's buyin'?