Hi All, Identifying key levels and if you have indicators supporting that, its pretty much a done deal. Hence we now have downward momentum much like BTC and looking for support level which I identified on my chart the range. Note: there are ALTs which are much more advanced so the likes of FTM or SHIBA defy or go against the grain with many of the alts that...
Hi Traders, Here I have listed key levels for BTC dominance to take place. Lets see how this tracks against my forecast. Moving forward I will be updating this regularly (weekly). PS. ALT or others dominance chart post also provided with the link below Cheers, S.SAri
Hi All, Looking at CAKE, It seems to me that it will not do All Time New Highs (ATH). I'm going long with CAKE but I'm also looking to take profit if this steady trend doesn't change at the indicated region. Like BTC did in 2018, it got blocked at the 0.618 fib level, I think CAKE will do the same unless some new events come out. Looking long term, It has the...
Hi All, Looking at the key level which is identified by the red circles for now have created a neckline for a potential inverse macro H&S. We have the 20 and 50 daily ma as support and the orange 200 daily coming in as well. Note how the MA's crossed over for a bullish signal. The structure taking place looks a macro bullish continuation pattern. I see this...
Let have a look at what has BTC done and where is it going. Also to look at BTC dominance, Total M.Cap and some Alts.
Hi All, This in an updated strategy with the latest information and hence this is a continuation post from my last video post, link provided below. Eth is definitely worth looking at. Its 4K had a good deep pullback and this massive formation is known as a continuation pattern most of the time. It can fit as a cup and handle structure with the prerequisite that...
Hi Traders, My thoughts on LINK and the target. Target is 1.618 ext. or the range below as the standard target. If BTC goes parabolic, it might push LINK to go to fib ext from 2 to 2.618 fib level. On the weekly, the phoenix indicator has not confirmed yet. All the best. S.SAri
Hi Traders, A continuation from the previous post, link below. LINK is basically holding on top of a key fib level based on a ascending channel as per the video. And I do see momentum buildup as LINK keeps testing this level. For details, refer to the video post. All the best, SSAri PREVIOUS POST
Hi Traders, Looking at the BTC dominance, link video below. If all things fall into place, we can have a big move for this coin. C98 could be looking like re-accumulation with an inverted H&S structure. I would trade this based on each formation on the micro level and then look at the bigger picture For now, I'm just stalking the 4 and 8 hrly via the RSI and...
Hi All, As per this video post, we are at a key level of resistance and slightly higher, we will break the weekly 20 EMA. This could be a bad thing for the Alts. so we need to keep a close eye on this. Cheers, S.SAri
Hi All, My TA and previous TA shared with my channel subscribers. The video explains it all. All the best, S.SAri Yesterdays stream www.tradingview.com
Hi All, I do see while BTC ranges and approaches the 50K resistance, it will give the ALTs a chance to gain ground. However the W formation or double bottom will definitely kick in and its like when BTC makes its bull run and that could be after it breaks the top trend line as per my previous BTC video post. Refer to link below. So far the RSI and price action...
Hi All, I have 2 targets as part of the wave 5 anticipation. If BTC goes parabolic, then we can see COTI do the same otherwise the general target will be the 1.618 fib extension as per the chart. Cheers, S.SAri
Hi All, As per the chart below and commentary, we see ETH looking at a squeeze range which can break to the upside with 60% likelyhood or down with a 40% likelyhood. I discuss the reasons and exit plan. All the best, S.SAri
Hi All, Again, made another correct call with BTC being re-accumulation and moving towards a nice sling shot bull run to the 80k's range for now. The rest of the commentary is in the video post. Noted BTC dominance has the momentum. All the best, S.SAri
Hi All, Looking at the current climate, even though we have Alts moving today, I think EGLD against BTC is doing a ascending wedge and is likely to do something like a double top before dropping down based on the wedge formation. The only way this seems possible is that BTC in my opinion does a big bull run and the ALTs are left behind, including EGLD. Once BTC...
Hi All, As per my commentary, I do see ETH coming down more as its done very well high and hence buying interest will want to see it pullback. Its also likely that other coins will take interest away from ETH especially when BTC gets going, as it might be the case BTC dominance goes up to 50% or so. I think ETH is doing what KAVA has done already, slightly ahead...
Hi All, We have received a boost at a good level which makes the BTC price structure more favourable for a long term uptrend at this point. I suspect we will be under 50k for a little longer and above 38k. My thoughts on BTC are on a video stream done earlier today. All the best, S.SAri