chillingeffects

chillingeffects Pro

XRP has been on a steady downtrend for a few months with a few smaller pumps in between. However, there is a possibility of a trade as 2 rather strong support levels are nearby. Use correct risk management and set up an appropriate trade... as some of us know, XRP can be brutal... but when it pumps... it REALLY pumps. Stay tuned.

chillingeffects Pro

BTC has been on a solid downtrend since late November - if you were lucky enough to catch the short, congratulations. Don't believe the youtuber hype when they say "100k bitcoin" - this figure was pulled out of thin air with absolutely no basis on anything factual, other than it sounds like a nice round figure. The great thing about technical analysis is that the...

chillingeffects Pro

FTM has great fundamentals -- or I've been told it does by some smart people! However, I am but a mere technical analyst... and for me, this looks like a solid short, and a great buy after a solid retracement. This idea will be updated in the future if we keep heading down. #MITOGANG

chillingeffects Pro

I've been doing a bit of research into the NFT space, and also the crossover with regular cryptoverse. RARE may be a token to look into fundamentals, but other than that it looks ready for a bit of a pump soon if we can continue break through the next resistance.

chillingeffects Pro

I don't know much about SFP, but this chart looks pretty solid to me. Be patient and keep your risk low during this this time as the market gets very unpredictable after big dumps. Of course, there are always outliers, and this is probably just going to be a recovery pump as long as bitcoin goes sideways or dumps further.

chillingeffects Pro

I've currently been trading CRO and haven't looked for a decent while at the bitcoin chart without a reset. Sometimes we get too confident and don't want to look objectively. My opinion is that with the recent weak break above the ATH, and then now candle closes below... we may have possibly entered a downtrend. I expect an up day for a recovery, but we will wait...

chillingeffects Pro

Dot has been in consolidation for quite some time, and it is one of the superior cryptocurrencies that has an actual use case as far as fundamentals are concerned. And it has barely moved the needle over the last few weeks. It definitely has all the signs of a wyckoff accumulation phase though, and it seems like we could have some very impulsive moves as it just...

chillingeffects Pro

XVG is one of my lucky shitcoins that I managed to buy in 2017 for 14 satoshis... rode it to the near top and sold. I was a noob back then and lost most of my profits, but it has made me fond of it, even though it has gotten its ass kicked over the last 2-3 years. With all the random garbage thats been mooning lately, I think it is possible to atleast get to some...

chillingeffects Pro

Bitcoin has broken and re-entered the trendline several time this bull run. However, it looks like it may be running out of steam as buyers back off from buying at current levels. I am bearish in the short-mid term until we start seeing strong buybacks, but until then, it looks like we are heading down to find buyer liquidity.

chillingeffects Pro

BRN has broken out of a long term triangle, but still has to clear some resistance levels to go bullish. However, if you are a long term investor you may want to look at loading bags within the range.

chillingeffects Pro

Price has serious volatility, but right now it is very close to the 200 day moving average. This is a great zone to average buys for your investment holdings or to enter mid-long term trade.

chillingeffects Pro

NIO is one of those long term holds that will very likely pay off in the future... however, with the market uncertainty at the moment you may want to place buys in the sub $20 region rather than getting in right now. If you're trading, wait for a bounce or break of the trendline.

chillingeffects Pro

Cryptocurrency is in true mania, and Litecoin is currently lagging behind in its worth in satoshis. There may be a potential flip to the upside once it breaks a few immediate resistance zones, then a quick ride to new ATH's (hopefully).

chillingeffects Pro

Okay, on a more serious note, if you have made life changing money from holding on to GME, for the love of god please take some profits. Pay your bills, mortgage, help out your family or someone in need. I am saying, nobody really knows where the top can be, or if the squeeze is even completed. For all we know Melvin/Citadel already drove the price into sub $100...

chillingeffects Pro

From history, crypto likes to rally hard, then enter painfully long corrective phases to bore us out of our positions. I do not typically use elliot waves and find them pretty useless, but heres a scenario I cooked up in case it actually plays out on a longer time frame.

chillingeffects Pro

Bitcoins insane rally has come to temporary pause. At this point, I don't believe we have reached a top and could well rally up to $50k, $52k, $80k, $100k+ . Trying to predict the top is moronic. There are 2 other reasons that makes this particularly difficult to work out: The DXY is recovering, and could well send the crypto markets into a solid downtrend. On...

chillingeffects Pro

The markets have been on an exorbitant run, with stocks rally ing hundreds of percent for months with few fundamental reasons. When markets get greedy, its time to be fearful. If we have really reach a top here, we could be in for a serious market correction. TSLA I'm looking at you sir.

chillingeffects Pro

Gold has been on an uptrend for quite some time now. I do not usually care for Elliot waves and find them to be rather useless when trading in real time. However, this chart seems to have a clear 5 wave structure, and may only be a recovery for the short term. In the long term, there has not been a deeper correction for quite some time.