carltonzone

carltonzone

Boys and girls, Polkadot is a long-term play for me. This is my gamble against the failure of ETH 2.0. If ETH 2.0 is a flop, Polkadot might be the golden ticket to riches in 2021. Thus far, I have bought little Polkadots on every dip, and it has been one of the easiest tokens to time purchasing decisions. Ever since the 100:1 split, we've had GREAT action on the...

carltonzone

I haven't had much to post about XRP in such a long time. Today we have the opportunity to talk about something significant. For months now, we've sat bored to tears watching the price bounce back and forth from the top and bottom limits of this parallel trading channel without a breakout. Now we are on the cusp of a decision point at the top of the trading...

carltonzone

Okay folks, the big show is about to start! I've been watching this formation for the past week, knowing that we are in for either a massive pump and breakout, or a dump. At first I was 60/40, thinking that the evidence was showing breakout slightly more than dump. Then I thought it through and went to thinking it was a 50/50 chance. But with the break ABOVE the...

carltonzone

Now that the dust has settled on the airdrop, it looks like the correction has continued beyond the initial price. For the past month, I've been watching the action and following the price points based on previous support lines that have flipped to resistance. But now that we have dipped below $3.17, we have nothing to go by! Dropping below that level means there...

carltonzone

Hot off the press! I'm back! I took a week vacation for breaking the "house rules". Apparently, the TradingView team gets very persnickety about links. Don't worry TV Po-Po, I don't have any links here so you can just enjoy reading my post along with everyone else. But I'm glad to have you reading all of my updates now! Polkadot broke the ascending green base...

carltonzone

Look at the green support line on the chart for the current micro movement. XRP is mostly respecting that line, and it is looking like a really good support. At the time I'm posting this, the current 4-hour candle looks like it will close with a wick that touched down right on the line. But pay attention, because we're coming up on a possible pivot point as we...

carltonzone

I am 90% convinced that the bull run is near. The upper green trend line that begins on August 2nd has dictated the upper limits of the price movement for the past 2 weeks. What we see today is a definitive break of that upper trend line which convincingly shows that positive momentum is setting in... possibly for good. Looking at the stochastic, I think the...

carltonzone

A critical previous high has been crossed! BTC broke the level of $1237, as indicated by the heavy green line on the chart. This is the first target I have been looking for in order to feel more comfortable about the viability of a new bull run beginning. The previous high point was set on August 6th of 2019. There is one more intermediate higher high previous to...

carltonzone

Okay guys, I got a bag of District0X about 3 weeks ago at 0.0078, and as you can see, I'm sitting on a double that is making it's way to a triple. I had been studying this project since May, and finally decided to jump on board. This is one of the most interesting projects out there, and what I like about it most is the high number of people involved for the use...

carltonzone

Folks, we are tracing right down the Light Red 1.618 magical fib circle boundary. This is amazing, how accurate it turned out to be. If I had to guess, my thoughts about a break to the up side in the last idea could be wrong. Sometimes we can prematurely draw triangle formations long before the apex has formed, which leads us to believe the action point is a lot...

carltonzone

Short update! The upper boundary of the triangle has been broken. This is a very bullish indication, in my opinion. The Stochastic is still in middle-territory, but both the fast and slow lines are sloped upward. We are getting close to the normal point where the price line breaks out of a triangle formation. The green candle breaking the upper triangle could be...

carltonzone

Now that we've had a little bouncy correction going on for the past week or so, it looks like we have a possible pennant forming. Could this be a breakout point? Let's look at a bullish and bearish scenario for a moment. As we know, a pennant flag can go either way. Normally they break to the down-side in a bear market. And conversely, we normally see them break...

carltonzone

I'm back in! The FOMO (literally) took place yesterday, so I jumped on Coinbase (not thinking I could do this trade-free on CoinBase Pro) and bought 930 XRP at 0.3176. Here's why... BTC is not slowing down. The rebound was happening WAY too quickly. With XRP starting to climb again after the flash-crash, the trajectory of the parabolic pump resumed. Honestly,...

carltonzone

Ok guys, as promised, I'm going to be disclosing all of the projects that I am rolling the dice on as of late. I'm back on the horse in "buy" mode, getting prepared to hopefully make some FAT GAINS before the bull run trample starts. This one is Aave (LEND: aave.com /). This is one of my old favorites that I jumped on in the fall of 2017. I won't go into the...

carltonzone

Short update! Take note how the pump peaked out so closely to the magical BIG green 3.618 fib ring, and dipped back to the trend line before rebounding. I might need to adjust the colors to differentiate the big set from the small micro set that I added for immediate evaluation. I'm expecting this to settle a bit further before taking the next leg up. Point is, we...

carltonzone

Long time, no see, XRP! But it's good to visit with you and put you back on the radar again! Now that we are in what we believe to be a bull market, it's wise to keep a microscope on the daily movements for XRP. I started with a clean slate, erasing all former trend lines and fib circle sets. We will be beginning our new look with only one major trend line and a...

carltonzone

Hi gang, I'm back! I am 90% convinced that we have entered into an overall bull market. It took watching SEVERAL of the projects on my watch list to break out to enormous highs before I finally decided that this market is not playing around giving us a head fake. "That being said" (I HATE that phrase), it's time for me to start posting regular updates again. I'll...

carltonzone

FOLKS, I have not written for a while! Why? Because this boring side-banding is a dangerous thing to be playing with, and I did not want to say anything that would give reason for one of my readers to bust a move and get REKT. So I decided to let the big mouths on YouTube take the lead on making crappy predictions on what Bitcoin is going to do. However, I will...