edutradinguru

edutradinguru

Hello, from now on, due to the announced swap between MCO and CRO, that makes the latter the only coin of the cryptocom space, all that was said about the MCOCARD in the linked idea will apply to CRO. For a moment, yesterday, the necessary stake to be "deposited" to cryptocom was 5000 CRO (800$ at current prices!) in order to get the card. Today, they revised...

edutradinguru

Hello, this is probably the last update ever on MCO as it is going to disappear. The spike happened due to the arbitage opportunity because of the MCO/CRO swap announcement at a rate of 27 (33 considering the 20% bonus). From now on the ratio between MCO and CRO will be 33. SHould the ratio be different, arbitrage will arise, but I doubt it will happen. See...

edutradinguru

The idea behind this new and interesting kind of stablecoin is to allow holders to mantain the same amount of the initial investment in terms of usd (this is why is called stablecoin) but not in terms of amount of coin held. So, it is not forcedly pegged to the dollar itself, but it autonomously adjusts. When the demand makes the ample price to grow, the protocol...

edutradinguru

Hello, we experienced a wild and nervous price action today. Something like this was expected in my last view and that is why I advised to use wide SL (mine at 10k was almost hit). But the first rule is to protect your gains. But so far so good. The price is still in the upper channel, used the 10.5k level as a support and that is a great news, as it is both the...

edutradinguru

At the third attemp, it inally made it BTC Dominance renentered the triangle (see the related idea below), I expect to grow a little further to 65-67%, then down again for a new alt season that will signal the real beginning of the bull run

edutradinguru

Hello, BTC Longs back above 30k units on Bitfinex which, considering the bleeding of BTC withdrawn exhange have been experiencing after Covid, is even a more positive signal than it was few months ago

edutradinguru

Hello, we got a bunch of positive signals here. First of all, we are back into the higher channel (even if below the middle line that was tested). Also, the previous high at 10,500 was successfully broken and retested. Finally, we are again above the retracement area from 14k to 4k, where we were in February-March before covid ruined it. Can this be the start of...

edutradinguru

Hello, we already talked about ETH undervaluation and positive implications that DeFi would have brought to ETH (since majority of defi tokens are smart contracts built on the ETH blockchain and they need eth as gas to work). The Eth 2.0 and consequent PoS switch to its consensu mechanism will bring further interest in ETH. It is expected to be performed by 31st...

edutradinguru

Hello, these last days we saw BTC growing from money moved out of alts. It means the altseason is over? As of now it is just a retest of the triangle base and dominance can go on decreasing, meaning that alts can grow more (up to 52% dominance). Should we go back in the triangle again instead, it would be better to start closing positions in alts for a...

edutradinguru

Hello guys, btc seems to be waking up from a 2 months period of extremely low vola. Looking at daily: the level is at the lowest since 2019. I will buy BVOL (a token that replicates the vola change day by day) to gain on a short term boost in vola. Please note that BVOL tends to 0 so it is not a coin to hold. It has to be bought when you do expect volatility...

edutradinguru

Hello, Bitcoin is a commodity, even if a digital one, and as all commodities it tends to increase its price when the USD is weakening and it decreases when the USD strenghtens, all else being equal. So le't take a look at the BTC chart in another currency to have the picture clearer. As we can immeditaly see, the distance from actual prices to after Halving...

edutradinguru

Hello everyone, it seems BTC after the halving as consolidating for weeks instead of showing the volatility and nervousness predicted by many. This is a bullish sign, as consolidation happened after a bullish movement. Also, we are being above all relevant MA on the weekly TF, which is very positive. Looking at the chart, I think we can agree on considering what...

edutradinguru

Hello friends, this is again a great moment to get the card. MCO is mainly used as collateral, and May-June and July have been the first months in which cards were delivered in Europe (mainly to those people in waiting list from 3 years!!!). This means that: - the demand can only grow (as of now no other card has a similar reach and benefits as the 2% cashback in...

edutradinguru

Hello, after having witnessed the party of top 80 (SHIT index) and top 30 (MID index), it is top 10 turn now (ALT index). Let's not forget that ETH is one of them, and it is direclty correlated with the DeFi tokens and DeFi frenzy we are experiencing these days.

edutradinguru

Almost one month since my last update and still not a single move. Until yesterday. Finally we had a higher high, we broke the descending line from the high of the beginning of June and we are currently testing the higher POC, where majority of volumes are concentrated. Above 9700 BTC can explode. A deeper update on the weekend.

edutradinguru

As mentioned regarding privacy coins sector (see the linked idea), XMR and ZCASH are my favourite ones at the moment. They show a similar pattern, with a breakout of a descending triangle. Verge is ofc not considered at it already spiked due to halving

edutradinguru

Hello, despite I do not like the coin due to the well famous reasons, it is showing an interesting pattern and an interesting level to enter on (40bch for 1 btc). It will not be held in my ptf for long, just for a quick trade in case. The breakout was strong but not followed by other green candles, and despite we are above the support (red area), I would like to...

edutradinguru

Another sector that can benefit from increased trading volumes due to this mini altseason is the one of Exchanges. On the chart you find the coins included in the index and the best case target.