marcopolo7

marcopolo7 Updated 

If we can break that trendline, we are going to 33840 , which is the nPOC (point of control). What a beautiful pattern, I think the bulls have steam to do it. Personally I think that was the bottom and we are going to test 40K soon. IMO

marcopolo7

I believe it's about to pull a COMP 50% easy in the next few days. Let's go for a ride! Obviously depends on btc unfortunately. We may have some upcoming news that will trigger the uphill. I don't believe the technicals follow the news, it's the other way around folks. Enjoy either way since you have to be ready to short it as well. Don't marry the coin, she will...

marcopolo7

Get in while you can!!!!!!!!

marcopolo7

looking good here although we have to break 35k decisively. Something tells me some good piece of news is coming.

marcopolo7 Updated 

Google market share is about to go down see this article to explain. They are shitting their pants, things are becoming private and decentralized. They don't know what to do about it, they won't be able to regulate the decentralization of it all, just like it happened in the music industry..!!

marcopolo7

self explanatory.

marcopolo7

already left falling wedge ROI looking nice! Coin by the creator of bittorrent low energy bitcoin

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time to start laddering in your buys

marcopolo7

This is a swing trade for me, I am eyeing $23 dollars for the next few weeks

marcopolo7

BTC.D is about to hit the top of the channel, which should give alts some relief. Lots of new money has come in to the market but most of it went into Bitcoin. It would be a good time to start laddering into some alts. The R:R ratio is good and capitulation is setting in. Market psychology is saying to dump alts and a majority feel the same way, which makes it an...

marcopolo7

Assuming BTC behaves, this is a bullish pennant in the making. Already looks like it touched all bottoms, so if we can break above the triangle, I would go long with a semi tight SL.

marcopolo7

For perspective only, my bias is bullish and the fundamentals are bullish with institutions getting in. However, can't deny this formation. That being said, long-term speaking, as long as it stays above 7700 or so, the structure since March is bullish overall (believe it or not). This is a pivotal point due to the fact we are close to a major resistance that keeps...

marcopolo7

I don't know about alt season, but it looks as though xrp has become a great investment at this juncture. Fundamentals are still solid. It can only go up from here, although a little laddering won't hurt ppl. Lessgo

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rising wedges usually break down, for now least target is ....2500-3000

marcopolo7

It's always fun to draw lines. But seriously, that puny drop just shows we have not reached the top yet. I estimate anywhere from 11k-11.6k as the final target before rushing back to 8500, fill some gaps. At that point you better sell your house because it's rocket time.

marcopolo7

So we broke the June channel, technically it doesn'g get more bullish than that. Even some pro's I follow keep saying we need to retrace, oh my my!

marcopolo7 Updated 

My target is 7900, it definetely fits a Gartley chart (i.e. ABCD (X)) Not a high probability until we can close above 7350, however it is flirting with that level at this juncture. Not a pretty design I know, but I wanted to get the idea out. Long at 7350 with a 7200 stop loss. Don't forget the stop loss, save yourselves the anxiety and the risk taking, a lot of...

marcopolo7

Short term I am bearish on this pair, may move up to F and then drop to G. If it breaks G, I'll be looking to short. This is not a long term- view, just focused on this specific wedge at the moment. This type of wedge is considered a continuation pattern.