Why does ETH keep pumping? I was wondering why ETH is pumping so hard without real retracements which you would normally expect. I also keep on seeing increasing volume for ETH... The question is; why is ETH doing so well? ETH DOMINANCE The answer you find in this chart, ETH just broke key resistance against the dollar AND bitcoin! This, ladies and gentlemen; is...
BTC had a fake out to the downside; tap liquidity and off we go for a bullish and months ahead. We've seen a strong bounce; however Monday and Tuesday need to confirm the bullish trend. So if BTC recovers to above 55K in the coming week (which is likely) and stays neutral or bullish we can see ETH tapping new ATH's! In my last update I was short on ETH (for the...
After a strong run; BTC will likely consolidate and have a small retracement. To keep it short; a bounce in the orange or blue support cluster is expected. If we break the blue cluster and bounce at the red cluster; we are all good. If however we break back below 51K we could see a more severe correction. My post is neutral as its more a point of interest and not...
Kusama has been in a heavy correction after a strong run, currently KSM is heavily undervalued at a marketcap of 3bn! At its high that was about 5bn but even that is just nothing compared to the likes of DOGE with 34bn... Sure not to be compared but in the long run real technology that is developed with and on Kusama will be used on a wide scale through Polkadot....
BTC & CRYPTO MARKET UPDATE: Like I updated last night already when we were right in the action; it is / was time to shop crypto again! I see some people confused over what happened last night so let me explain. First off; to my followers this shouldnt have come as a surprise as I clearly stated that I expected a dump and a recovery right after. You can check my...
SMART MONEY MARKET WATCH // 01: April-May 2021 Important week coming for the markets, do we continue bullish on risk assets / indices or are we starting a bear trend? Keep an eye on the support areas in blue on the charts and lets wait for confirmation for a monthly new trend to establish. More information later... IMPORTANT: this is not financial advice, trade...
BTC WATCH: 26 APRIL - 7 MAY 2021 CURRENT TREND: down EXPECTED TREND: up TARGETS - low target: 44K - high target: 54K EVENTS - CME futures expiration: 30 April - low BTC liquidity on exchanges - hash rate dominance China MARKET SENTIMENT: fear
The market is turning bullish again and so I'm shopping cypto! After LINK, ETH and BTC; I see a bright month of May for BNB with a new ATH in sight! Amazing how BNB stayed so strong during the dump... Lets see what she can do in May; 630$ is the breakout target but we could tap 650$ or even 700$! Vamos... IMPORTANT: this is not financial advice, trade or invest...
BTC broke down from its bearish pennant and is in a free fall at the moment and with the CME opening in 10 minutes this could make things worse. We are at the verge of calling a bear market! I personally think we can expect a bounce at 44K but going below it; I call a local top and a short term bear market There's still hope, we have a big gap above which could...
For all my followers; we anticipated this dump of the market since BTC was at 64/63K and we came a long way; we did all the pips for the week and thus BTC can consolidate this weekend. The total crypto cap found a local bottom and shows a clear bullish divergence which means we can see a short term recovery for the market as a whole. This means calmer BTC times...
BTC has bottomed out and has a nice layer of support at 48500$; I expect BTC to retest 52500$ this weekend before any further downside. Good opportunity for the markets to regain some strength over the weekend and fill those big red vector candles to the upside. We had most of the dump now so we can recover from here for the next day or two; I expect some action...
After the anticipated crash of Bitcoin we have found a (local) bottom and will consolidate which means alts can fly. Vechain will go for a 20% move, enjoy the ride! IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
ETH is in consolidation after a strong rally towards 2500$. At the moment I expect the correction to continue towards the high liquidity zone; retest it as support and off we wil go towards new highs. For the short term; I am short on ETH and for the long term; LONG. Not much more to add here, lets see how this projection will play out... IMPORTANT: this is not...
BTC INVERTED CHART UPDATE // So I have to step in one more time because I see so much euphoria still; its unbelievable and so many people are begging to get rekt. The crypto gospel is coming from everywhere as if cryptocurrency are going to save the world and BTC can never go down and FOR SURE will go to 100K, well, nothing is for sure in the market. Secondly, I...
This will be my last update for a while; like I already warned for a looong while ago; BTC and the BULL market are under heavy BEAR pressure. BTC broke its bullish channel and will likely drop 20% towards 44K zone. Im cashed out on everything since last week and I did miss some last alt coin pumps but I dont care. Bitcoin is floathing in free space now with little...
S&P500 will correct any moment now, RSI is overbought on all timeframes; even on the monthly. DXY and gold are up and thats the sign smart money is running for the hills. The correction most likely happen on Monday April 19th, smart money will be out before the weekend, followed by the hedge funds on Monday, then shortly after that; retail will follow. Lets hope...
BTC needs to break 57500 and hold it as support for me turn to bullish; a rejection creates way for a bearish trend. IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
The most important chat of today! Crucial moment for the S&P500; at the end of the wedge and quite overextended and overbought. With a lot of year reports coming this week after a weak year; I expect a major pullback for accumulation and a continuation the upside when support is found. Lets keep an eye out for both scenarios, hence the 15 min chart but from what I...