reees

reees Updated 

lot of bears right now, which i find hilarious. just tapped the trendline/bottom of channel and painting a megaphone that screams "buy buy buy!". it's beyond me how many insist on being consistently bearish in a market that looks like this: do the math. here's your downside:

reees Updated 

still right on track from my previous ALGO idea , but revising the upcoming targets based on the latest data. specifically noting the new strong support at $1.52 and that crazy wick up to $2.99, making $3.00 an excellent target.

reees Updated 

i missed the entry i was looking for , but i'm perfectly happy to buy this breakout. like we just saw with ETH , ALGO just pushed above 2x the local low, which to me is an extremely bullish signal. here's where i'm looking to take profits: 1. $1.75 - absolutely taking some profit here because it's a strong resistance zone, right at the 1 fib extension level...

reees Updated 

it's fairly obvious that a well-timed trade can be the difference between being really really rich and... not . i'm fully expecting a blow-off top this cycle (as is the pattern over and over again in crypto). when it happens, it happens so quickly and violently that it's nearly impossible to make the calculated, rational decision required for maximum profits....

reees Updated 

the bull trendline (log) from 2020 has once again held strong, and a new local low ($2650) gives us some insight as to where we can expect margin buying pressure to taper off. why do i care about that? because it's one of the best ways to predict resistance levels and local tops ! and local lows that occur at or near the trendline (or the bottom of a channel) are...

reees Updated 

MANA and SAND have had all the fun recently, with AXS patiently consolidating. consolidation looks about done. upside is probable. i'm looking for a break above $145. big picture i still think this one has plenty of room left to run.

reees Updated 

this is one of my favorite pairs. aside from its profound implications to the crypto market, it has this beautifully recursive fractal nature that makes it fun to chart. back in april, i explained that i was holding more ETH than BTC for the foreseeable future, and it remains one of the better decisions i've made this year. at the time, i wasn't sure whether...

reees

perfect bounce at the trendline around $100 and looking to shoot higher. targets based on expected resistance where 2x buying pressure subsides . i don't like buying at this late stage of a bull market, but you can definitely build your position via trade, i.e. selling at these levels and buying more on the subsequent dip. $155 and $200 look like the strongest...

reees Updated 

a retest of the may high ($64.9k) was blatantly obvious, and we may very well find support here and continue up. but if history is going to repeat itself, we could be dipping a bit further before the next leg up. if we do, i see a hotspot primed for a bounce around $58-59k: 1. 3x long pressure from $39.57k 2. 2x long pressure from $28.6k 3. 7x short pressure from...

reees Updated 

crucial time for the market, and you gotta admit this price action looks bullish af. bull scenario looking more probable than not to me. if i were a betting man...

reees Updated 

rekt 101: (1) buy pump&dump memecoins BEFORE they pump (2) sell pump&dump memecoins AFTER they pump (or while they're pumping) (3) never "hodl" a sh*tcoin unless the position is small enough that you can afford to lose it all (4) keep it to yourself. no one wants to hear about it. seriously. (5) just go to the casino and get it over with

reees Updated 

CRO pumping on news of the Staples Center changing its name to Crypto.com Arena. if you missed the boat on this one, it might not be done. these entries are tempting, though i'm probably going to stay away from it because i expect a pump out of the rest of the alt market soon (with much less risk).

reees Updated 

fun facts: 11/9/2017: BTC begins 25% correction 11/12/2017: BTC runs for 3.5x blow-off-top right now i think most likely we're just heading for a retest of the 5/21 high of $64.9k. is it possible price will retrace lower? sure, maybe. but in either case, the big picture remains the same:

reees

If you're like me, you have a job and hobbies and things to do other than staring at charts. I consider myself an investor and cycle trader rather than a swing trader. The vast majority of my gains are made on only a handful of trades made over the course of a few months/years. As I mentioned recently, I think this cycle has yet to peak and there are still...

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VET is breaking out above the strong resistance at $0.16, so i'm expecting baby bro VTHO to follow. expecting extreme volatility over the coming weeks before the grand finale blow-off-top , so i would wait for the breakout and definitely use stops on this one. VTHO is about as volatile as they come.

reees

a month or so ago, i outlined ETH's path to $5.3k . since then, ETH has advanced in a well-formed rising channel and made a new all-time-high. the next step is the painfully obvious retest of the prior ATH around $4380 near the bottom of the channel. no-brainer buy setup for anyone who's been living under a rock the last few months. for context, i think...

reees Updated 

i'll be buying dips in the buy zone here. pretty much a no-brainer for me. i'm thinking $0.15 is where i'll likely take some profits. very strong support at $0.05-0.06, but i think those levels are highly unlikely at this point.

reees Updated 

it's starting to feel like the market is following ether's lead more so than bitcoin. since bitcoin's all-time-high in may, all the subsequent price action seems to have been catalyzed by a technically significant event on the ETH/USD chart. 5/10: ETH makes all-time-high and bounces off of the long term trendline and the massive market selloff begins. this...