revorevo

revorevo

Seems soooo toppy at least locally. Might give alts a chance to run after a retracement. Weak RSI, declining volume makes me pretty bearish actually. Biden spending plan tomorrow gonna be hard on stocks if he raises corporate taxes. Reopening of the economy is going to be the biggest bulltrap in history, since spending starts to ramp up and retail will start...

revorevo Updated 

With volatility declining and a weakening rsi i suspect we fall out of the rising wedge and retest the blue area. This retrace would be healthy and the bullrun would continue without a doubt but if we move up inside the wedge and actually break to the upside into a blowofftop this would likelty mark the top of this bullrun so if yall can be patient and dont blow...

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I really like this project but after a huge blowoff top has played out since getting listed on FTX this is starting to look heavy. The white triangle reminds me alot of the 2018 Bitcoin bear market which resulted in a breakdown forming a U shaped Bottom. If we manage to Break to the upside and close above the yellow inverse parabola i can sell my bullish case...

revorevo

for personal use

revorevo

I see people tweeting that we havent even entered a bull market yet, some nft selling for 69Million USD and people calling for insane targets based off unsustainalbe logarithmic growth. I was going to post this fractal without much comment and i just wanted to add some market thoughts i had. - final stimulus checks could create a meltup scenario in stocks and...

revorevo

for personal use

revorevo

just saving some pattern overlays for personal use

revorevo

Retesting those moving average levels is pretty common in previous bull markets but if we dip and do not hold those levels that would be the absolute worst case scenario. If we fall below the wedge im laddering bids from 26- 24k because liquidations of overleveraged positions will put alot of selling pressure on the market. fingers crossed and happy trading! As...

revorevo

SNX looks pretty interesting and could gain alot of momentum once alt dominance rises and they get their stuff to work. The token is needed as collateral for their synthetic stocks that can be traded on decentralized exchanges.

revorevo Updated 

I was bored and im bearish

revorevo

if the btc dominance ratio breakout gets rejected theres a chance of an altseason if they gain dominance

revorevo

Defi has been stealing the show causing a mini alt season because investors are getting bored with bitcoins stock market correlation. VOL is a good tool to get exposure if ur unsure of the direction so use DCA to minimize risk. No trading advice, take care guys.

revorevo

Compound is going crazy! Check their website for all the info on the project its really interesting. Aside from the fomo weve seen until now i can only add its not even on binance and coinbase yet! This is going to pump like crazy imho.

revorevo

FTT has benefits for its holders. You get fee reductions and you can vote on upcoming listings. FTX burns tokens based on the amount of fees the users pay on the exchange. This token is similar to that of Binance and i think since FTX is on the way to outperform every other exchange in terms of innovations (Leveraged Tokens, MOVE and Hash contracts) I see alot of...

revorevo

Binance 50x theta perps launch tomorrow while at the same time the mainnet 2.0 goes live. This could be a sick short and ftx already lets you short it so you could frontrun if u want. Seems like some buy the rumor sell the news event that could result in a nice duuuuuummppp. So pick your side! no financial advice but im going to use low capital high lev for this

revorevo Updated 

LOL

revorevo Updated 

My bias is bearish due to the big sellwalls and clouds, but a breakout to the downside isnt certain. It just feels so toppy but with BTC you never know.

revorevo

Orderbook depth overlay from TRDR. I am personally leaning to the downside but entering now is a gamble so lets wait for a clearer direction.