L420199611

L420199611 Updated 

Levels I am personally watching for. Full send once we get above 200EMA. Drop to psychological 50% level? Liquidation cascade is not unlikely. Hope for the best, prepare for the worst.

L420199611

The Chart is represents the total crypto market captialization on the monthly time frame. I have simply not used the log-scale just to show you that the current movement is more likely not a dip, rather the beginning of a two year bear market, even besides all the adoption happening in this space. Although the blow off top is very obvious. My personal bias to the...

L420199611

Bitcoin is currently trading around 33900 close below the 200MA in a rising wedge formation. A short squeeze due to highly negative funding rates seems not unlikely. Previous price action wasn't really exciting. It is not uncommon to get a fake-out on low volume in order to liquidate shorts before a significant move. Bias: neutral/bearish

L420199611

As I mentioned in my previous post about the market bias, I pay close attention to Litecoin at the moment. LTC is currently trading at support from june 19, 2017 and will definitely not go away. Since we can not be sure which coin is here to stay and which not, in my opinion, LTC as one of the first coins emerged in 2013- is here to stay. Also Litecoin is often...

L420199611

I know it's just about sharing but since MAYBE is going to read this idea, I have to and say 'Hi' to you because that's just the way I work. Haven't posted ideas since March but sometimes you have to know when to be quiet. To be clear: That's simply my opinion, whether you like it or not. There was simply too much noise in this space for my taste. Let's do an...

L420199611

What is 1inch? 1inch is a decentralized exchange aggregator that sources liquidity among various exchanges and is capable of splitting a single trade transaction across multiple DEX’s. Smart contract technology empowers this aggregator to enable users to optimize and customize their trades. How is a decentralized exchange (DEX) different from a centralized...

L420199611

Weekends are there for trying something new or just to get a fresh reminder. Education The rule of alternation: this principle holds that the market usually does not act the same way two times in a row (invalidates my last post, however, this was just an idea). If a certain type of top or bottom occurred the last time around, it will probably not do so again...

L420199611

Hi guys! Today we are facing the total market cap, excluding BTC on the 4h time frame again. It is just a quick update on one of my thoughts. Do you think we just rise and repeat? The previous pattern, which in itself was a triangle with a bullish breakout, looks very similar like the current one. Many altcoins have a good looking set up right know, which would...

L420199611

Right before the potential lift-off, I wanna give you a quick update on Ethereum. IF previous history repeats, we should see some serious green moves on ETH in the next few weeks. Momentum is building, breakout is programmed. Maybe you are lucky and get a fake out whick into 1600 area. Otherwise: Better late to the party than never (retest). Wish y’all a great...

L420199611

The good old XRP on the daily bar chart is forming a triangle. It is neither bullish nor bearish biased. Since the primary trend is up, I’ll expect ripple to give a bullish reaction too. On the on balance volume indicator you can see the volume is consolidating, which is considered a bullish sign. It is not unlikely that we are continuing making lower highs and...

L420199611

Today’s update is about Bitcoin on the 2h time-frame. I have used the BTCUSD bar chart from BITSTAMP. Not long since February 8th, bitcoin peaked around 42k and went through a 19 day downtrend. Elon Musk announced right after the short correction phase that his company TESLA bought $1.5 billion in Bitcoin. This was a special moment for me and all of us, who truly...

L420199611

Hello crypto enthusiasts! It is time to look at Ethereum from an intra-day perspective, since a lot of guys are worried- nothing really happens right now. Funding rates are still high. We are not moving until they are cooled off. Too much are still degen long. The market needs to liquidate more positions. Before I will go further into explaining what I am...

L420199611

Good morning folks! In the past I have already made a post about Litecoin, but in my opinion it deserves more attention. Fundamental basics: Litecoin is an early alternative coin (altcoin) developed by a former Google engineer Charly Lee in 2011. It has been called the silver to Bitcoin’s gold. Litecoin is a fork of BTC. Like Bitcoin, Litecoin is based on an...

L420199611

Hello everyone! Today is more like an informational post than one just about technical analysis. I will focus more on trading psychology since this point is more important if you wanna call yourself a successful trader. On this chart you can see the total market cap, excluding BTC on the 4h time frame. I have hallmarked a typical cup and handle pattern. This one...

L420199611

Hi! I had the idea to share another good opportunity with you, since many altcoins are forming nearly the same pattern: a triangle on the daily bar chart. A triangle is whether bullish nor bearish. It depends on the trending. But in my opinion, there is no reason to be bearish. The total market cap, excluding BTC is currently at resistance and about to go...

L420199611

Hey everyone! Hope y’all enjoy the weekend so far and get some healthy $SUSHI. Today you can see sushi on the daily bar chart. I have used the fib-extension tool which indicates potential future price levels, including fib-retracement levels too. As you can see right in front of the chart, we bounced nearly perfectly on every fib level before going to a new ATH....

L420199611

Hi guys! You might have recognized that I am focusing on simple technical analysis. That is, as I mentioned many times before, mandatory to be successful. You might know a lot of oscillators..but sometimes there are giving you bullish signals and some don't. Not because there are not good indicators, but some require a specific interpretation and are more or less...

L420199611

Hi guys! While sometimes it seems obvious to everyone, it does not mean it is easy. The market is playing with your emotions, do not forget that. You might be right about your position but most will not hold through some shaky movement. To me, GRT represents a great example for such a possible shakeout scenario. K.I.S.S. method is what I prefer. Keep it stupidly...