stikytrading

stikytrading

SOL is dropping slowly to that previous support at $70. And has not been able to generate a higher high for a few weeks. I don't expect price to go higher this week.

stikytrading

ETH is also wedging so I expect a drop over the next week unless we get something newsworthy like a solid date on when ETH is going to be moved to Proof of Stake (The Merge as it's called).

stikytrading

DOT is STILL hovering around 83.5% for the past two weeks or more. Really almost a month since it first came down here. As with all cryptos, there is no technical reason to expect price to move up. It even bounced off the 50 EMA this week.

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Still within a wedge. I drew it from a longer term place to see if this really works for BTC. Point A is from the longer term, and Point B is from the shorter term. Interestingly the points in time are nearly the same but the prices are different. Sadly, the higher high we had a few days ago does not seem to be holding so I expect price to drop again near the...

stikytrading

Made it down to the 88.3% but then got a bounce with everyone else thanks to BTC moving above 40k. Just back to the top of this buyer's zone so not a strong move yet. May make it up to the 50 EMA but probably not further than that before either more consolidation or a drop back down to the 21 EMA

stikytrading

SOL has passed well below the 88.6% level and it looks like price broke the low that we haven't seen since August of last year. This is such a great price for SOL even though the NFT owners may not think so. I'm looking for a pause around $70. You can see the current price is at the closest resistance area at $78.72 in August of last year.

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ETH like everything else has been falling and we are back near the more recent lows. Too bad this isn't really reflected in the Gas Fees. No technical reason to expect price to move up yet. But the good news is ETH has been holding steady above the 78.6% zone.

stikytrading

DOT is hovering around 83.5% for the past two weeks or more. Really almost a month since it first came down here. As with all cryptos, there is no technical reason to expect price to move up.

stikytrading

Inching down to the 83.5% zone. Not much movement over the week. Just a small push up and then back down to where we were last week. Still waiting on the markets overall to get back in a bullish mood.

stikytrading

BTC is wedging right now. The moves up have been stronger than the moves down too. Seems like the tigger spring is getting loaded up. However, there is no technical reason to believe price is ready to move up. The Stochastic is actually still coming down and has not reached the oversold area.

stikytrading

SOL has passed below the 88.6% level and it looks like price is testing the low that we haven't seen since August of last year. This is such a great price for SOL even though the NFT owners may not think so.

stikytrading

ETH like everything else has been falling and we do have a lower low so it looks like we may see a $2400 ETH pretty soon. Maybe lower. We are nearly 50% off the all time high. Sheeesh.

stikytrading

Bouncing off the 88.6% level last week. This week we are nearing the 88.6% level again. That really means a cheaper entry for staking. I still like this project long-term.

stikytrading

Almost back to the 78.6% zone. Still waiting for the markets to settle but war makes that difficult.

stikytrading

This week we are moving into the 78.6% zone with no end in sight. We are still under the fog of war at this point so I don't see any change in the direction of price yet.

stikytrading

This FIB is the uptrend fib retracement. Last week's chart had the downtrend fib retracement. SOL is nearing the 100% retracement. It broke and re-tested the bottom of the 88.6% zone. Depending on what Russia does this week, we may see new long-term lows for all cryptos including SOL.

stikytrading

ETH followed BTC this week by doing a retracement move near the top of the 50% zone and then heading down. Depending on what Russia does, we will see if the crypto markets can stabilize. ETH Dominance is also less than 19% so it is losing market share too.

stikytrading

Bouncing off the 88.6% level this week. I really hope we can tame the crypto markets but Russia needs to get out of Ukraine for that to happen. I still love this project for it's staking rewards.