I saw some mentions of bitcoin being parabolic in the tradingview cryptocurrency channel, where all the most knowledgeable people spew there venom! I thought I would get this out for the bears still waiting for 20k dip!
I'm sure a few ETC bag holders will not be happy with the title. But if it is any consolation, I did open a long on it! Ethereum Classic, it is an old fork of Ethereum, I don't remember the details, but I'll give you a drunk history version. Some hackers stole a bunch of Ethereum and since ETH is not decentralized they forked a new version of ETH with all the...
We are headed up, seems like there is a rising wedge every other week or so in bitcoin, probably headed to another one! Strong support in the 30s, sorry bears we aren't looking at 40k again for a while! LTC, XMR, DASH, BCH old dogs rising with bitcoin!
Just describing how I've been feeling while mostly hodling during this time period. I do trade a small % of my account, but for the most part I am long on alts / btc. What have you been feeling?
Dash just broke out of it's symmetrical triangle, same play is on ZEC except it's a few hours behind! I know tradingview wants me to put long ass descriptions in every post, but this is time sensitive.
Some of the late bloomer alt coins from 2017 are double bottoming and retesting the necks. Rep has recently double bottiom and broke out, now it is retesting with a bullish downward wedge pattern. Risk to reward ratio is very nice where its, it might even got down a tick or two before going up to make an even better one! Rep is available on Kraken and can be...
Getting close to breaking out of the accumulation zone vs btc, targets posted! It is a good idea to keep your focus on how much bitcion value you have in your account and not so much the dollar value. I know in 2017, I started with 3 bitcoin at 1200$ and I ended up with 1.5 bitcoin worth 19k, I had made dollars, but I didn't keep my eye on the prize which is the...
I saw another tradingview user post a short on Ethereum and I am inclined to agree, thought I would whip up some TA and post it, I added his to related links, I followed him in the rally 2017 so he has been at it longer then me. Eth looks like if BTC breaks out and goes up, eth will dump and if btc breaks down to retest support, ETH will dump! Anyways, pattern...
UNI - cup and handle Took some my ada profits and put some in UNI, btc chart looks like a cup and handle to me!
How I think NANO going to play out over the next 30 days. It's possible that this consolidation and pump may happen at an accelerated rate compared to the previous one I used as a clone. Also note there are plenty of bounces to look for and good buy zones between the break out and now. Many more move ups to go for the NANO hodlers don't worry!
Litecoin has been a slow starter from my perspective! But when I look at the LTC/BTC chart, It looks ready to explode, LTC is probably one of the safest bets left in crypto right now! This will only pick up steam from here, I am increasing my posistion on ltc on every dip! Margin style!
It dawned on me last night looking at LTC BTC, what I am going to do with my margin on kraken. I am so 1000% sure ltc is going to break out against bitcoin and it's behind enough for me to load up still! I am going to make all my margin posistiosn as LTCUSD, it doesn't make any sense to pair it against bitcoin, there is no advantage. Anyways, 200$ LTC will be...
I took the fractal of the 2017 run and tried to line it up as best I can to the current prices. Seems impossible, but that is what happened in 2017, so it's possible! You can make your own fractals by using the bars pattern in tradingview. Also check out my pivx if DASH market cap is to big for you! Remember, if you are new to crypto, you are early right now! ...
Well I was optimistic we would see some new heights to DOGE, but It took out my bullish support and now I must change my view. This is a fractal of the previous pump in to accumulation, there are still some great bounces ahead if this plays out! This coin went 10x against BTC in a week, smart money tends to not want to invest in a coin that has already done...
The fundamentals are not good, but I think that's why it has taken so long to show sings of life, with how far behind it is from other coins, it could catch up really fast, especially if there was any good news coming out. It is starting to form, what looks to me, like the right shoulder of the lowest head and shoulders and it will chain react all the way back up...