It is well known that crypto is on a 4 year cycle - rinse and repeat Many of the alt coins trended down in the last two cycles. By that I mean that the peak of the last cycle was lower than the peal of the cycle before that. That means they are trending down overall on those time scales. WAVES is a coin that stood out by going strongly above the high of the...
Dont look at this chart because it wont help to predict the current and short term price movements. Instead, look at these two things 1) The current transactions fees There has been a recent, massive spike resulting in miners earning an extra $200,000 USD per block in "tips" 2) The bitcoin hash rate This shows that miners are staying in the game, probably...
Hey - You are looking at volume all wrong. Make two changes When looking at crytocurrency or stock over a long term, the volume bars are not very helpful because the price has changed by too much for them to be meaningful. The volume bars show the quantity of the coin traded, not the value (dollar value) of the trades. A 1000 quantity bar in 2013 represents...
In the short term CAKE is expected to drop to at least the prior support price as it would be unusual to drop this far and not retest that price The main driving force behind the price movement right now is large amounts of CAKE are being unlocked from 12 month staking. About a year ago - April 2022 - Pancakeswap was offering large staking interest for 12 month...
This is just an interesting chart showing that weekends are usually slow for BTC as big investment companies go to sleep over the weekend The chart is based on Saturday 0:00 to Monday 0:00 so + or - 8 hours for differnet parts of the world, but even so the overall trends can be seen that weekends are slow and trading usually goes sideways. I havent mapped out...
These are my thoughts for this weekend SUMMARY BTC is having a temporary pullback Wait 1 to 3 days for a drop to near bottom of channel - then buy alt coins that are near their 200 day MA [THE BORING DETAILS There is strong resistence at $ 25,000 that BTC could not break through but it is only temporary I expect pullback for 1 to 3 days - of a similar drop...
Crypto's often get a strong pump after breaking through the 200 day moving moving average in an up trend TLMUSDT has broken through that, pulled back to retest it and is now retesting it again.
BTC is in an asending triangle with $25,000 USD on the top as psychological price resistence A breakout to the upside is more likely than a drop $25k was also resistence back in August 2022 when the price could not break through it. However, Bitcoin has a well known four year cycle and it is in a better place in that cycle to push up through that price In the...
Its the same old pattern that we are seeing again and again 200 day moving average (green line) is the key Prices move up to it, pull back to retest it and then rocket up soon after This time it is TLMs turn to move So specific price targets - pick your own. enjoy the ride
TOWN is moving well even when the market had a pullback Triangle breakouts are a standard chart pattern and can result in strong pushes up when they break out TOWN Is related to GALA and the co-founder of Zynga is behind both TOWN is only listed on a small number of exchanges with OkEx being the largest. This is a chance to get in early on a Metacoin instead of...
RSRUSDT was one of the few coins that has a USDT margin trading pair on Binance (a good sign) that is also below the 200 day MA That 200 day line has been a key price for many coins, rather than acting as resistance it has been acting like a magnet and coins have been moving up to that price, breaking through - and usually pulling back to retest it, followed by...
This is a comparison of the 2017 and 2021 bull runs The arrows show where I think we are today (GREEN ARROW) vs 2017 (RED ARROWS) I havent reviewed it closely enough to determine if we are at the first of second red arrow - but either way, it shows that in 2017 there were similar large pullback followed by months of moving up BTC likes to repeat itself so this...
BCD pulled back along with the rest of the market, plus hitting resistance at 10 USD Buy the pullback Huge profits to be made with this one
This is my current recommended buy list BEAM BRD EOS GXS MDA ONT I expect these to move up by around 500% to 1000% over the next 1 to 3 months All of these are based on my close monitoring of all coins on Binance based on the USD price (USDT or calculated USD) The Feb 2020 price was the key price in most of these coins. There was a huge drop in March 2020 due...
BRD has pulled back to the price after the huge drop occured in March 2020 Good time to buy. The price is so cheap that you dont have to worry about trying to time buying the bottom perfectly Dont worry if it dips, just hold on long term Buy and hold peeps, buy and hold !
Remember when you said "damn, I wish I had bought some MDA at that time when the the price was dirt cheap" well, that time is right now MDABTC is cheap going all the way back to March 2018 Maybe it well get cheaper ... I have no idea - but it looks pretty damn good now so its load up into your alt bag for the next big alt season. Im not talking the little pumps...
This chart is in log mode This shows a comparison of the 2013 bull run and 2017 bull run and highlights where I think we are today (red arrow) I am publishing this for friend who wanted to see what happened in prior cycle when the price moved up to the all time high. You can see highlighted in the left chart that the price pulled back 30% I am not posting any...
Inverse Batman on 4 hour chart Learn about the chart pattern www.tradingheroes.com NOTE - batman is bearish, inverse batman is bullish Im not saying its going up or down, Im just saying its Batmaaaaaaan DYOR