BTC first more significant correction/wick bellow 10250$. So far forming a hammer doji , but we need more information before confirming/assuming a more positive directing. The situation can easily turn and the hammer doji can transform into a hanging man pattern quite easily. So far staying neural to moderately bullish. Remember not to over leverage your trades...
$BTC Update. Above 10K! Just as discussed BTC did push to and above 10 000$. Currently faceing resistance at 10250$ which is one of the last more serious ones. Overall very bullish outlook. We've extended quite a lot last week, so even a pullback to 8000$ is not out of the question. But if you are holding spot, you shouldn't be too concerned. We are well into...
$FTM 104 Sats did hold! Nice bounce after that, but still bellow 200MA. (Just like most alts).
FTM already making another +7% a couple of hours later. Chart looking very bullish. Will retest the middle of the upwards channel, but overall the direction remains the same.
$FTM consolidating under the 200MA on 1d after an 7.8% move up! When/if this price consolidation breaks to the upside we should see a nice bullish continuation. Most of the coins in these class have already had a bigger and more substantial rally. FTM will follow as well.
For the sake of accuracy. Bearish divergences on BTC on 1h. IN a bull trend the divergences and the overbought RSI does not weight as much as in bear trends evermore so on small time frames, but you have to consider all the possibilities.
BTC attack on 10K. Bears in panic mode! FOMO starts now. After the great advance of altcoins capital is now flowing into Bitcoin again (which was partially expected). When/if 10 000$ gets taken out bulls will clear an important psychological as well as technical level of resistance. This move might extend far higher than you'd expect. Stay hedged and do not...
SYS Update! +40% profits!!! Bang Bang :) Bullish continuation above important levels have extended this leg up to astonishing levels. Cheers to everyone that did trade the setup.
SNGLS Update! +11% since entry! Cheers! SNGLS did scare me a little yesterday when we dipped bellow the 200MA due to he BTC pump, but the very sharp move up did fill my sell orders. Volume is increasing so there might be even move bullishness. As i always tend to say SECURE YOU PROFITS and then think about the possible outcomes.
BTC breaking to the upside! Seemingly America is going to support the move.
SYS bouncing from 200MA nicely. Took it forever to push trough. Volume has been spiking nicely in identical time periods. Someone is accumulating.
FTM presenting a good entry point. The R/R of the trade is very good. BTC must stay stable though. For now it seems that this might be the case for the coming hours.
$BTC price showing strength. Bull flag completion!? Price bouncing from the bottom of the bull flag quite nicely. If we manage to close above on daily BTC will be positioned for a new leg up. Be aware of phishing wicks that will be a part of the BTC advance. Over leveraged positions will get you burned.
SNGLS broke through the 200MA on 4H and retested it. Now BOUNCE!
$BTC price action cooling off in a bull flag above the 200MA. Price is still moving inside the bullflag, but don't panic if we break to the downside and go touch/test the 200MA so that some overconfident longs get liquidated.
$KMD update! +10% since yesterday's post/discussion. Did make a beutiful +10% move after bouncing nicely from the 200MA on 4H. Unfortunately it got rejected close to the 200MA on 1D & from the resistance at the previous range high. Price currently consolidating and rying to get back into the ascending channel. Secured profits and observing if the price...
$BTC dominance has been moving under the 200MA! If this continues so combined with a slow down in the $BTC price action. #Altcoins will have some more time to move higher. It is important to keep in mind that the total #altcoin's market cap has broken above the 200MA and retested it. Intresting times to come.
Casual 300% from bottom for $ICX. $AION & $LOOM are following it! The correlation between #ICX and $AION has been proven once again. To everybody swing trading Happy Gains! Do not forget to take some profit! The time to hodl #altcoins longer is coming back. Strong hands will be rewarded!