Seeing breakout plays all across crypto, all we waiting on is the money to take its attention off BTC for a minute and flood into ALTS! Todays trade is simple and actually what the trade should have been for yesterday! PLAY THE BREAKOUT! Simple! I would buy here, stop limit below .198 and that buildup, and see what happens. Pretty simple stuff. Fingers crossed...
Firstly we need to look at the fundamentals behind this trade: DOT (Polkadot, #8 ranked crypto) is gearing up on KRAKEN exchange to go live with slot auctions for parachain. Kusama is one of the top projects people believe will be getting a parachain slot. Kusama acts as a testnet for new projects on DOT, an essential piece of the ecosystem puzzle. Basically...
Here's a trade I've been chasing since BTC shot back up. Had a good couple entries but got cold feet waiting for BTC dip. Have committed a bit harder here and AVAX now appears its testing for a breakout above recent high and 0.5 FIB, $30.3 Buy on the trend line if you see it bounce off of it, thus far its respected it so I will definitely buy more if it comes...
Big ole pump! Gotta love em, in todays video I take some time looking at how on various ALT breakout patterns we haven't seen BTC bullishness translate into ALTS... yet! If we were to get a 3 to 5% retrace on BTC here we get an awkward situation where not only wont ALTS see much of this BTC pump, we may actually see alts come down a bit. Anyway, early days, pump...
MODERATE TO HIGH RISK SETUP! LIT is showing very healthy price action, its one of those alts that's been overreacting to btc going up and underreacting to it going down. Its had some nice touches off 2 FIB levels and there is a very common trend line where LIT loves to come down and ounce off. Usually when it hits it, it doesn't come down much further....
So I totally forgot about yesterdays VET trade! (Feel like I actually charted it up but accidentally restarted pc.. not sure!) *EDIT= i hesitantly think we are in an ascending channel now, or it could be an ascending channel.. haha. Be careful DYOR! With the .20 resistance its more of an ascending triangle right now. So if you bought in the zone last trade, you...
Welcome to my quote unquote morning vlog. Hope yall having a great day! BTC rebounded a little bit, it has now made a dip overall I'm happy with. I'm feeling a bit more bullish, but am a little spooked that we haven't seen any price action downwards that's had FORCE to it. Also be great to get some distance from 54000, I wanna put that price mark behind me, youch.
Not much analysis in this idea guys. This just feels like im getting my footy tips in for the day. I see lots of selling, market feels a bit uncertain, we only came down 3.38% (from the 2nd lower high), feels like we should be retracing further here. Come down a little in order to go up a lot!
I want to be wrong! It just feels really bearish here, tons of uncertainty. Its possible we dont come down much as sentiment is far higher than a week ago, the tone in the market is more comfortable. I spend most of the video looking at BTC, as usual hehe. And then look at some social/aggregator news in the last 5 mins
Just a quick warning AUDIO could be coming down sharply here, as I'm charting up this idea its started coming down haha. If we break below the neckline its around 15% move down. BTC has finally dipped, so lets see what we have on our hands today!
Trying to jazz these graphs up a bit, hope you like the fresh new look! Vet false breakout yesterday you could play the break again, but its feeling a little risky to me. 2 reasons, first is I think we want BTC to correct here at least 5%, second is VET didn't pop like VET has done before. 3 weeks ago it goes 20% minimum here, this just highlights again...
Looking back at past chiliz price action recently I noticed that when CHZ pumps, it leaves a distinct wick, then retraces. It often retraces 0.5 fib or more. Yesterday as I was in this trade I got spooked, left it early and started waiting for the BTC dip as I felt CHZ was wicking on me. In hindsight I left the trade too early, CHZ does like to pump. But now...
We are in a bullish holding pattern, dips of 1.5%, then steady swings up. Steady gains. We get a nice injection of volume and move up. Volume is starting to taper off and getting indicators of momentum swinging down. Really hoping for a dip here so we can get some entries! 1:30 = Look at this common point of resistance and support all ALTS are popping at. 5:50 =...
Only a small adjustment today, changing the trade from yesterday. BTC feels bullish, I'm definitely expecting a pullback from BTC, just a small correction to shake us up a little. So far everytime I've expected it, BTC has pumped more... This breakout play is forming across majority of coins, some have broken, some have not. VET is so high that the confidence in...
Brief idea behind chiliz is = its trying to create a tokenized ecosystem for sports teams to get in on crypto. Longer term it envisions a teams token giving fans power in some level of decision making/interaction with their team. CHZ has some major partner news coming up on the 30th, or earlier. This has me thinking what could it be? If you follow sports and...
Some low energy, murky brain vibes today guys, got some fun horse lama action at the start though, it was really making me chuckle. 2:20 = funny horse lama head patterns 6:20 = Where is BTC going? 9:00 = past price action give hints? 11:15 = retrace to .382 today? 13:40 = VET looking tasty 16:00 = some MAs 17:00 = socials/aggregators/twitter
Going for a much more passive play here today. There is definitely a breakout on the cards here, you can see at the .206 mark that VET has wanted to breakout and get back to the .25 mark again, but BTC got in the way. BTC can get in the way again today ofc, I'm waiting for a correction today, I wouldn't mind seeing BTC steadily come down to test 51k, which would...
Im starting to get more bullish, towards end of this video i notice we are only just getting started on todays candle... so theres a long way to go yet. In a day we will have a much better sense of this reversal! -=-=-=-=-=-=- TIMESTAMPS -=-=-=-=-=-=- 1:25 = get to BTC chat 2:10 = CHECK OUT MARCPMARKETS ! great TA and advice he gave on this idea of his i look...