NonComposMentis

NonComposMentis Updated 

Narrative: CRYPTOCAP:BTC BTC and the BRC-20 tokens are taking a little breather, which is certainly good for the market in the medium term. I'm particularly bullish on LSE:TRAC , a project that sits at an MC of just under 100 million and for which I believe a 10x is within the realm of possibility. These 3 bullish ideas come to mind - accumulation at $4 and...

NonComposMentis

Here is the game to play. ETHBTC is one of the less risky trades in the very risky crypto space. ETH and BTC are both long term winners (likely, not guaranteed). If I go wrong with this trade, I don't care, sooner or later the price will recover - no matter if I am in CRYPTOCAP:ETH or in $BTC. Right now ETH is trading for 0.0587 btc. It has been dumping down to...

NonComposMentis

BTC is at its lowest 1D RSI in 3 years. Can't remember the price dumping further at this level. It might have happened - but very rarely. 25k is very strong support. If BTC wants to go lower I assume we see a bounce up to $28000-28600 first. Some levels of confluence around 24100 and 22800. IF BTC rises to 28500 but fails to break the resistance I will likely...

NonComposMentis

Taraxa is a BlockDAG coin like Kaspa ($KAS). $KAS has aroused interest in similar coins with its enormous price gains in recent months. Whether it's right or wrong in the case of Taraxa remains to be seen. In terms of charts, there is a relatively clear picture. If NASDAQ:TARA successfully holds the $0.0060 level, I expect a return to the last high of $0.015....

NonComposMentis Updated 

MEXC:ATORUSDT If OTC:ATOR keeps their promises this may become an important Token. I am both an investor and a trader (please note I didn't use the word "good"). The investor is holding a bag of OTC:ATOR no matter what & just in case. The trader is looking for targets to accumulate, ladder selling & ladder buying. Price successfully tested the channel...

NonComposMentis

The chart is self-explanatory. The black horizontal lines are TP targets and the upside potential is great, while downside we already have support. NFA. DYOR.

NonComposMentis

Realio is a fundamentally and technically interesting token. At the moment the price (on MEXC) is around 21c. As long as NYSE:RIO holds the lower trendline and doesn't dump below 0.19, I expect a bullish move higher. If the macro situation turns negative, a pullback can be expected around $0.23 (a TP level for me). If the price clears this lvl, I will buy again....

NonComposMentis

The BRC-20 token LSE:TRAC (don't confuse it with OriginTrail, same ticker) is trading on decentralized exchanges (you need a BTC wallet like Ordinalswallet, XVerse, Unisat) and on Gate.io. It is a fundamentally very interesting project with a market cap below $10M, the indexer of the BRC-20/Ordinals space on Bitcoin. Lot of room to the upside, but, obviously,...

NonComposMentis

I an not sure about the fundamentals of TridentDao anymore. It saw a terrible selloff, but this isn't our concern in this moment. This is a purely technical trade I am going to take. BITGET:PSIUSDT has rallied in the past 2 days, but if it breaks through $0.335 and holds that level it should go to $0.75, with a potential of buy/sell action around $0.54. If it...

NonComposMentis

BINANCE:BTCUSDT sitting at $30500 Market update: BTC is accumulating, and its looking strong. We will see a breakout to one side or the other within the next 7-12 days I guess. But whenever it happens, and whatever direction it takes, down or up, doesn't matter: alts will suffer. I am more bullish than bearish and I assume the move will be to the upside. I...

NonComposMentis

MEXC:NTXUSDT NuNet is a decentralized computing marketplace. Currently sitting at $0.04965, price has to decide: breaking the resistance between $0.05 and 0.055 means a possible rise to previous highs. I hold a small bag, and if price breaks 0.056 I'll buy more. In case it gets rejected here I will load up between $0.033 and 0.039. If I had already a bigger...

NonComposMentis

Kaspa $KAS has been performing very well so far and is currently trading around $0.0255-0.0260 Although a pull back to the green levels is possible, these are nothing but opportunities to load up. To me the red areas mean: Sell the pump there. After a retracement buy the dip at the next lower Fib (could be very well the red price lvl) I expect $KAS to touch...

NonComposMentis

Trading Alts against USD value is pointless. You have to ask yourself: Do you want to make money with a centralized CBDC supporting BIS/WEF token like GPW:QNT ? My position: I despise CBDCs, but banks are also holding BTC, for a good reason. I am accumulating GPW:QNT at these levels. I'd feel most comfortable with a stop buy order above 0.0038 btc,...

NonComposMentis

Yesterday's dump of BTC has been a minor and expectable retracement to the short term 61% fib at 17,7k. Possible retest and double bottom currently, no need to concern. Bulls need to hold the dotted red TL2 and break up through TL1. As long as BTC holds 16100 (3800-19900 rallye fib 23%) we are bullish. (difficult to see on my chart, its the 16100 level) Some day...

NonComposMentis

The area between 53000 and 55000 sat is the perfect buy zone if one believes in Golden Pockets. It is a relativly safe trade if one sets a tight SL at 51000-52000 sat, To the upside there are some targets beyond 0.00100000 btc. There is always the possibility of a sudden dump, due to a BTC move or Trump news, stimulus news, Cov news for example. In case of a dump...

NonComposMentis

CME gaps are a fata morgana. They are nothing but coincidence. This chart shows the price development of $BTC over the past 12 months. Show me a price that was paid on any day of any week (not just between Friday and Monday) and NOT any more after that. There is only 1: the March low of $ 3700. Every price is very often paid until an asset moves up or down into...

NonComposMentis

In the beginning there was Bitcoin: a lonely god. Then Ethereum appeared and there was light. Now comes OriginTrail to connect the galaxies. This coin is changing everything. $TRAC is crypto adoption. $TRAC is Crypto Evolution. We are fortunate to be able to watch the rise of a giant: $TRAC aka Origin Trail, the "Google of Supply Chains". Fundamentally one of the...

NonComposMentis

The resistance known as the trend line from $BTC peak at 20k (2017) and the next lower high at 14k (2019) down to our recent peak of 10.5k looks like a stone wall BTC might not be able to break until the last BTC has been mined. But what if it has already happenend? (breaking resistance, not mining the last BTC :-) ) Wondering why $BTC hasn't dumped to 6k or 7k...