XRP has of late been lagging behind many other popular cryptocurrencies, which has disheartened many long-term investors, causing them to abandon the XRP ship they've long treasured. I hold and am still adding to a long-term position that I will likely hold for many years to come, even though I am generally more of a day/swing trader than I am a long-term...
Everyone is expecting the Bitcoin EFT to jolt crypto prices to the moon. This simply isn't going to happen. The mainstream media, and stock pundits have been extremely bullish about it, which is a sure sign that they are positioned, or positioning for the inevitable crash to come. You can see the fractal pattern clearly in the charts, although exact ending price...
Things aren't looking good for the banks, and ZION (Zion's Bank) missed on its recent earnings expectations. It's now nearing the top of an ascending wedge, and as many traders know, this can be a really bad sign for any stock, and could be indicating a coming trend reversal. Watch the levels on the chart with the dashed white trend lines to help predict future...
With the recent bankruptcy of Evergrande, forcing the liquidation of its many short positions, rumored to include equities like GME, AMC, etc., many traders are expecting another brief 'short squeeze' as a result. The charts seem to indicate that GME could make a nice move from current levels ($14.75), possibly even dropping to the bottom of the wedge to the...
CASPER (CSPR) has been getting beaten to the ground like a red-headed-step-child, and even though it may bounce a little off of the right resistance points, it's very likely we will continue to see it drop overall to approx. the .031 level before there's any significant reversal. If it fails to hold this level, it could be catastrophic for the price, but also may...
Many of us have been frothing at the mouth, watching the recent CASPER (CSPR) collapse, waiting for a likely entry point to go long. The bounce we're seeing right now is likely due to the trend seen in the overall crypto market, and not one that's unique to CASPER itself. It looks like this bounce will be temporary, and the downtrend will continue to at least the...
Tether is the biggest Ponzi scheme in the history of crypto and is becoming increasingly more unstable every day. USDT is subject to many factors, such as the rising and falling value of the dollar and the constant increase of Tether into Infinium to manipulate the price of other cryptocurrencies that are solely reliant upon USDT for purchase. I do believe that...
XRP is making a nice move northward breaking out of the wedge pattern it is currently in, but how long it will last remains to be seen. The indicators seem to indicate it's going to run out of steam in no time. Is it a bull-trap? We're about to find out!
If Tron can breakout of the .1106 level, it might be able to run hard for a bit. It's above the 50 DMA and the 200 DMA on the 15 min chart as we speak.
The chart isn't really that clear right now, and could go either way. There's an argument that there's still a ton of room to the downside/about to fall off a cliff. And, there's also an argument that XRP is about to bounce like a kid jumping off the roof on to a trampoline. What do you think?
Bitcoin has been bleeding out like a deer on the opening day of the hunt, and there's no sign of it stopping, in fact, it's going to continue to get worse in the coming weeks. Just like that old Motley Crue song from Dr. Feelgood (and this won't feel good for sh@tcoin, I mean Bitcoin holders at all), 'She goes down, she goes down, she goes down, down, down,...
REEF has been on a roller-coaster ride as of late. The last time that REEF flashed this buy signal it experienced significant gains in the months following. Choose your entries wisely, and always use a stop-loss, always! Good luck!
Threshold | T | has been on a tear up until the past few days. Even though it has dropped dramatically, it looks like an additional 18% drop is on the horizon.
HBAR has formed a clear cup & handle formation, and is nearly completed the handle. All that's left at this point is for the price to breakout of the handle wedge. I would be cautious with this particular play, and look for a bullish engulfing candle previous to the breakout candle, and run a tight stop until you breakout above the upper cup trend line. (White...
REEF was a victim of the recent Bitcoin ETF crash just like 95% of other crypto's. It's been gaining momentum once again, climbing the tiers and will likely retest the previous high that was set yesterday.
Bitcoin is about to break out of the wedge pattern and pump back to the $45,760 level as shorts exit their positions, but it won't last long as longs who were trapped by the recent drop will frantically exit their positions in an attempt to break even. The selling will likely compound, especially if the shorts re-enter at that same level. It could be the perfect...
The current cup & handle setup that has been forming is absolutely incredible looking! The recent down-thrust looks to have formed the bottom foundation of the formation's handle. I'm waiting patiently for the price to retest the breakout level from the "Bitcoin Approval Rally.' I will be putting a long position on in that area when my charts give me the signal....
This is the trade set up I'm looking to put on LEVER. Just waiting for the price to reach the LOW VWAP line which is slightly above the previous breakout level. LEVER looks to be heading down to retest the breakout level from the Bitcoin ETF approval breakout.