NFVeej

NFVeej

If the trend really is your friend I would expect a big move from BTC any day now looking at the global market cap dominance of BTC over the rest of all other cryptocurrencies. Unless the bitcoin ETF is denied, or another catalyst comes in to break the momentous BTC dominance trend thats been happening recently. NFA -Just a friend snapshotting the trend

NFVeej

Some nice momentum from COIN, breaking long term diagonal resistance and now challenging local horizontal resistance line near breaking out of a ascending triangle pattern. Looks juicy, still to see the daily to 3 day candle close above this local resistance and form support. BTCUSD Cryptocurrencies Crypto ethusd

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OG DeFi Play ALPHA has had some stick recently trying to get some funds back from a partner but prices is still showing some decent wicks up which appear to be getting sold as it comes inclose to the long down trend line will price action push above for a miracle breakout? Showing some bearish divergence which doesn't bode well for potential upside but at the...

NFVeej

Looking at 2019 vs today (2023) I can see som similarities on the chart. Ichimoki Tenkan-Sen crossed up above the Kijun-Sen as per 2019 RSI hit around the same (70ish) as the pre rally in 2019 Huge potential cloud incoming - seeing a 4d candle close in the cloud could be seen as bullish Sitting right on a long term diagonal trend line of which we had...

NFVeej

Some basic support and resistance analysis followed by layering the fib retracement shows confluence between the charted lines based on recent price history from 2020. 100 being the down target and 108 being the possible up target. If we get a drop down on the DXY I expect risk assets to continue another leg up. If we break through the upward resistance I expect...

NFVeej

Possible Accumulation Cylinder looking at the charts. Its hard to draw precisely so I could be well off! Worth seeing if it plays out though.

NFVeej

Breaking out of long term diagonal down trend and (potentially) turning resistance into support. Looking for a breakout of cloud next. SL is bottom of cloud $244

NFVeej Updated 

Spotted a pattern that reminded me of the out of no where drop that hit back half way through the 2021 bull run where everything crashed around May if I remember right. It was clear as day after, but at the time no one I followed or knew called it in time. I am not a Wyckoff expert but doing a little mirroring I can find a rough pattern that resembles Wyckoffs...

NFVeej

What a crazy time to be alive. The economic systems at full stress, inflation maxing out, uncertainty, nukes, peace talks, cost of living crisis, expensive electricity and gas in a only recently COVID recovering world. First thing I point out for everyone expecting a large drop of +-50% is that we have some strong incoming support for total market cap - Longterm...

NFVeej

Looking back in time we can see that resting on the top of previous ATH has been a strong point of support, I mean we have been 17 weeks or so rested here now! Looking back in time we can see that we always have got the 84% (roughly) retracement soon after the 70% (roughly) retracement. History would put the probability high that happens again. I would certainly...

NFVeej

ENS has been great to trade, its kept roughly to margin pressure levels and has been trying to break out from this downward resistance for a long time. Looks like some inverse head and shoulders which is a bullish pattern Crypto market needs some liquidity for this to continue and rally higher. Etherway theres a trade for up for down with ENS. I like ENS as...

NFVeej

Crust has found support down in this range and is forming a falling wedge pattern which is a bullish pattern. It's also down 99.6% since its ATH $178!? Theres been small volume coming in, its been in a range and is about to test its long term downtrend-line. This is a legitimate WEB3 Project which has been building the whole time They have kept active in...

NFVeej

Market is poop, but this could indicate a potential bottom for XNO seeing how the next week or two plays out. NANO is a long term HODL and accumlate for me, Bottom of the channel is the less risky place to buy. NFA. Bullish divergence on RSI along with some bullish activity on total market cap will be the clear indicator for me to go long. Just ideas of...

NFVeej Updated 

After yesterdays rally it could be that we have hit a possible top in the rise of 10Y Govt Bond Yield. If this is correct it could signal a possible continued rally in more speculative investments. If it breaks above and continues up this logic will be invalidated, and further downside to speculative assets may enroll. Not financial advise, just an idea, I...

NFVeej

The 10-year Treasury is an economic indicator. Its yield provides information about investor confidence. While historical yield ranges do not appear wide, any basis point movement is a signal to the market.

NFVeej

Reminiscent of the full-blown bear market of 2018 - 2019, this small cap altcoin has been destroyed! CRUST is a Web3 solution specializing in IPFS or block storage, managed on their CRUST blockchain. Like AWS S3 buckets but on the blockchain. Discord is quiet, but the network is growing. They do much more than just buckets to... This is a very long term value...

NFVeej

Waiting for the bounce off the bottom of the parallel channel. Markets looking shite so time will tell if we bounce up before one last leg down. Not Financial Advice.

NFVeej

Was looking at the NANO / ETH chart and noticed every time it hits the bottom of the channel, it's managed to get to the top of the channel some time after. Long XNO Not financial advice, just an interesting observation I would like to track into 2022.